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<br /> �`� .__�_____--� 84.io�.s43
<br /> TOG�ETH�R WI7'H�11�he lmpruvementa now on c�rcaticr eroctod an the property.�nd all easementa�aPPn�tenance�,
<br /> uid fiztutes now ar hereaiter a put ot the pr+c,pe�ty. All replkeme�tc�nd additions shsll�lw be covered by thi�Securlry
<br /> lasuument. AU of the farcQoin�is rcferred ta ia thie Security In�trument�u the"E��operly."
<br /> BORROWER CUVBNAIV'PS thw E3ocn�wer is lewfully seised af the ext�te hercby canveyed ar�twr thc dght w�rant
<br /> __Y - and convey the PmpeRy nnd that the Property is unencumbeoed,except fix encumtKUnce�of cacord. BcNruwe�warranta+u�d
<br /> will defend gencr�lly thc Ude to the Prapeny r��dnct�tl clalms md demands.wbjctt to eny etkumbrun�c�uf rocord.
<br /> - -- THIS SECURITY INSTRUMENT combines uniform covenants far n+Uiw►�I use rnd non•unifixm covenaMs with
<br /> � limited variations by j�risdicticM to aonsNtute a uniform security inswment cove�ing rcal pruperty. �.
<br /> UNIFORM COVENAM'S. Borcowor and Lender covenant�1 agroe as follow�::
<br /> 1. P�yment ot Priacipd srid Ipterat;Prep�ymeat aad Iate CbarQea. Bortnwer shAll promptlY p�Y when due the
<br /> —�- - --- - pdncipal of And intercst un lf�Jebt evidenced by thc Natc and any prcpaymcnt;►nd late cheugev duc+mdcr thc NcNe. _
<br /> - ----�'� 2. Funds for'hxe�and lautr+�nce. Subjoct to applfcubk law or to a written walver by L.ender.Bortower shall pay to
<br /> -=x�.•��+�_;��i��� Lendcr on the day monthly payments are due under thc Note,until the Note ls paid in full.a tium("Fbnds")for. (a)yr.arly
<br /> - taxes and assessments which may atwin prioriry over this Security Instcument as n lien on thc!'roperty:(b)ycarly Icaschold
<br /> ---•-_:s+�;�,:��°�- payments or grounJ rents on the Proparty, i f any: (c) yeazly hazard or propeny insurar�ce premlums:(d) yearly flood --
<br /> insuruue p�miums, if any: (e) ycarly mortguge insurance premiums,if any; and (� any sums puyuble by Borrower to
<br /> I.ender.in accordance with the pravIsians of paragraph 8.in lieu of the payment uf mortgage insunu�ce premiums. 'Itiese
<br /> � "'�` items an called"Escrow Items." Lender may,nt any time,collect and hold FLnds in pn amount not to excxd the mauimum
<br /> —�:..�.-_.:�..�,;:_.:;;;L. :
<br /> .� � ; •�°,•..�"'.-� ..�,. , amount a lender for a federally nelated mortgage loan may roquice for Borrower's escrow account under the federal Real
<br /> - ,,,,r� ,,,�,� Estate Setclement Procedures Act of 1 Q74 as amended from time to time,l2 U.S.C.$2601 et aeq.("RESPA").unless another
<br /> �^�•��}:�° •"• • law U�at applies to the Funds sets a lesser amount. If so,L.ender may,at any time.collect und hold Funds in on amount not to
<br /> . �.:�.�'':`� .~ • �•'� exceed the lcsscr amount. Lcnder may estimute the amount of Funds duc on the ba.ais of currcnt dat� and reasorwble
<br /> � � estimntes of expenditures of future Escrow[tems or otherwi�e in uccordance with applicable law. �
<br /> Tiu Funds shull bc held in an institution whosc deposits :►re insured by a federal ugency. instrumentaliry, or entity
<br /> , (including Lender, if Lender is such an institution)or in any Fcdcral Homc Loun Bank. Lender shall apply thc Funds to pay
<br /> • the Escrow items, Lender may not charge E�rrower for holding and applying ihe Funds,annually analyzing the cscrow
<br /> �• '` account,or verifying the Escrow items,unless l.ender pays Borrower interest on thc FUnds and Applicable law pertnits -
<br /> ' I.ender to make such a charge. However,Lender may requirc Borrower tu puy a une-time ch:vge for an independent real
<br /> estate tax reportins.rervice used by Lender in connection with this loan,unless upplicable luw provides otherwise. Unless An
<br /> agrecment is madc or appiicablc law rcquires intcre�t ta bc puid,Lender�hall not bc required to pay Bomower uny interest or —
<br /> carnings on the Funds. Borrower und l.endcr may agrce in writing,however,that interest shall bc paid on the Funds. Lender
<br /> shall give to Borrower,without charge, an unnual uccountins of che Funds,showing creditx and debits to the Funds and the
<br /> purpose for which cach debit to the Funds wac made. The Funds aue pledged as vdditional security for all sums secured by __
<br /> ihis Security Instrument. E -
<br /> _ -__. = If thp Funds hpld by L�nd�r pxcF'�d the amounts permitted to be held by ugplicablc law, Lender shall accuunt to
<br /> Borrower for the excess Funds in accordance with thc requirement+of applicuble law. If the amount of the Funds held by
<br /> Lender at uny time is not sufficient to pay thc Escrow ltemti when due.Lendcr may so notify Borrow�r in writing,and,in __.
<br /> such case Borrower shall pay to Lendcr the amount necetisary to make up the deftciency. Borrower�hall make up the �,�
<br /> ,. ' � deficiency in no morc thun twelve monthly paymentti,at Lender's sale discretion. --
<br /> Upon payment in full of all �ums ,ccured by this Security Instrument,l.cndcr shail promptly refund ro Borrower any `="
<br /> � Funds held by L.endec If,under p•rragraph 21.Lender+hall acyuim or�ell the Praperty,I.endeG prior ta the acquisition or �:-__
<br /> sale of ihe F'roperty,shall upply any Fund. held by Lender at the time of acqui�ition or xale us a credit ngainst the sums =_
<br /> t securcd by this Securiry In�trument. �
<br /> 3. Appliq►tion of Puymentc. Unlcs�applirable law pruvideti othcrwisc,all paymcnts recci�•ed by Lender under
<br /> �1�'•� ara ra �1 nnd 2�hall be a licd:fir�t,tu an r� .►vment char�e.due under the Note;second,to amounts a able under �.`,
<br /> P S Ph�' PP Y P 'P'. � p Y -,;:.
<br /> ' paragraph 2;thirJ,to iutcrr,t duc;fuunh,ta p�incipat duc,and Ir�t,tu.�ny latc ch.ugcti duc undcr thc Notc.
<br /> .'l F. �•�.y-.
<br /> 4. Chxrges; Liens. Borrowcr ,hall pay all taxcti, a.+c��r►knt�, chargeti, fincs •rnd imp�i,itions attributablc to the �,�
<br /> Property which may attain prinriry o��er thix Security In,trument, und leu+ehold paymentti ur ground�entc,if any. Borrower �
<br /> .hall a thcse ot+li •rtions in the manncr ro�•ided in ara ra � or if not rid in tha[manner,Bnrrower shall .► them on �'
<br /> P'Y F P P' F Ph-• P' P'Y
<br /> time dirccdy to thc perscm owcd puynunt. B��ROwer.hall promptly furnitih t��LrnJcr all nutice�uf amount.to he paid undcr
<br /> � this paragraph. If Borr��wcr make�the.c paymcnt�dircrtly, Burrowcr.hall promptly furnitih tn Lender reccipt+evidencing "°_
<br /> thc paymcnts. ''•`
<br /> Borcower shull pmmptly diuharg�any li�n��•hich ha.priurity u�er thi�Sccurity Imtrument unlr.+Borrower:(a):�grecs
<br /> in writing w thc payment uf the ahligutiun�r�urcJ by thr licn in a manncr arceptablr to Lrndcr,�b)contctit�in gewd faith the
<br /> licn by,or JefenJ�aguin+t enCorr��ucnt af thc lirn in.Ir�:d{�nk�rdin��N•hirh in thr�en�rr:upiniun operatr to prevcnt the
<br /> cnforcrment of the lien:ur lrl ticrum.t'rom thc holder ut'thc licn an agr�cmcnt.atitifartory tc�I.►nder subordinating thc lien � .
<br /> � to thi+ Scrurity lntitrument. If Lrndcr cictcm�inc�that uny pan uf thr Prop�rty i�whjcrt tu a licn whirh may attain priority
<br /> , over this Security In�trument,Lrndcr may givc Borro��rr a m�ticc iJrntifying thr licn. Bortowcr tihall�ati+fy the licn or talce �.
<br /> onc or mom af thc action.,et fonh alxrvc w�ithin 10 day�o(thc giving uf noticr. �
<br /> 5. Hazard or Property Insurynce. Hurr��w�r�h;Jl kccp thc improeemrnt.nwv rxi.ting or herraftrr erectcd cm the
<br /> Pr��pcny imured a�ain.t tu"hy fire,haiarJ, inrludrd within thr temi "cxtrnJrd cu�rragc"and any othcr hazards,including
<br /> . ' flood+ ar tloociing, for which Lrndrr reyuirc. inwranrc. Thi� in+uramr .halt hc maintai�ir�in thc amount�and for the 4
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