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<br /> TO(3RTH�R WITH dl tfie Irnproveme�w nc�w or here�}tu erected on the property.uid dl eupnena,rppurtenurca,and
<br /> �ixture� now nr heneaRer � p�rt of the propeKy. All nplaamenta u�d edd(�icrru �hall alw be ooverod by thL Savdty
<br /> IaKn�rt�ent.All of the fore�oing ir rcfemed to!n thir Security Inkniment a�thc"Prr�perty."
<br /> BORROW�R COVENANTS tlut Borrower is I�wfully�eisod of the auite hereby conveyed�nd has thc d�ht to aran�and
<br /> convey the Property and thu the Property is unencumbcrod, eactpt for eocumbrar�ces of ra�ord. Bc�rcower wuranu�nd will
<br /> detend generally the title to the Property against ali claims and denwrds,subJxt to any encumbrpnces of rscurd.
<br /> THIS SECURITY INSTRUMENT combines uniform covenants far rwtionrl nse and non-uniform coven�ntc with limlted
<br /> =� varlatiorts by jurisdiction tn wnstitutc a unifornt suuriry inctruux:nt wvcring rul prup�;tty. --
<br /> `—"T�"�� UNIFORM COVENANTS.Borrowcr and Lender covenant and Agrce as follows:
<br /> l. P�yment of Principal and [nterest; Prepaymrnt and I.Ate Chnrgea, Borrower stwll promptly pay whcn due the
<br /> -�°�°°�— principal of and incerest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br /> 2. �ndr for Taxes xnd Iasttmnce. Subject to applicable law or to a written wuiver by Lendcr, Borrawer ahnll pay to
<br /> _=7� Lender on thc day monthly puyments are dne under thc Note,until the Notc Is paid in full.a sum("Nunds")for.ta)yearly taxei
<br /> __ _a�.v_��..=_R�_� and assessments whlch may attain prtority over this Security Instrument as a licn on the Property;(b)yearly Ieasehold payments
<br /> or ground rents on thc Property.if any;(c)yearly ha�rd or property insurance premtums;(d)yearly flaai insurence premiums.
<br /> —_,=�� if uny;(e)yearly mortgage insurance premiums, If any; and(�any sums payable by Borrower to I.ender, in accordance wlth
<br /> thc provisians of paragraph 8, in lieu of the payment of mortgugc insurancc premiums. Thcsc items are callcd "Escrow Items."
<br /> Ixnder may, at uny time, callect and hold Funds in an amount not ta exceed the muximum amount a lender for a federalty
<br /> - -'��_�� rclated mortgage loan may require for Borcower's escrow account under the federal Resil Estate SetNement Procedures Act of
<br /> � ;u�;;,r�;4 1974 as amended from time to time, 12 U.S.C. Section 2601 Ft seq. ("RESPA'►, unlecs another law that applics to the Funds
<br /> �,,;..;,t� ,::-•�, .��; sets a lesscr amount. If so, Lender may, at any time, collect and hold Funds in an amount not to excecd thc lesser amount. � '
<br /> ;���;'�- . � . I.cnder may estimatc the amount of Funds due on the basis of current data and reusonable esticnates of cxpenditures of future
<br />; t.�' ~ Fscrow items or otherwise in accordance with applicable law.
<br /> •� � The Funds shull be held in an institution whose deposits ure insured by a fcderul agency, instrumentaliry, or Pntity
<br /> � • ,•••� • �' :� .}•'�` (including L.ender.if L,ender is such an institution)or in any Federal Home Loan Bank. C.ender shall apply the Funds to pay thc
<br /> ; " ' Escrow Items. Lender may not charge Borrower far holding and applying the Funds,annually analyzing the escrow account,or a'°n
<br /> ' verifying thc Eurow Itcros,unless L,ender pays Borrower interest on the Funds and appl�cable law permits L.ender to make such
<br /> _ � a charge. However,Le►xler may require Barrower to pay a one-time charge for an independent real estate tax reporting service -"
<br /> ' , useei by Lender in connection with this loan, unfess applicable law provide�otherwise. Unless an ugreement is made or
<br /> • s►pplicable law rcyuires interest to be paid,Ixndcr shull not bc required to pay Borcower any intcrest or earnings on the Funds. ---
<br /> Horrowcr und Lender may ugrec in writing, howcver, that interest shnll be paid an the Funds. I.endcr shall give to Borrower,
<br /> ="'='=�—=-= withoat charge,dil auuual auowiting of the Funds, �howing credits and debits ro the Funds and the purpose for which each
<br /> debit to the Funds was mudc.Ti��e Funds are pledged us additional security for aIl surns secured by this Security Inrtrument.
<br /> �� If the Fundc held by I..ender exceed the amount�permitted to tk held by�pplicablc law, Lsnder shall account to Borrower ---
<br /> for the excess Funds in ucrorJancc with the rcquiren�cnt+ cif applicublc law. If'thc amount of th�:Funds hcld by l.endcr at any
<br /> . . ' time i�not sufficient tci pay the Exrow Items when duc,C.ender muy u�notify Borrciwer in writing,unJ,in such cuk Borrower = -=
<br /> shall p•ry to l.cn�icr thr amuunt ncrr.,ary t�� makc up thc dcticicncy. &�rrowcr�haU mukc up thc Jeticicnry in no morc than �
<br /> . twclvc monthly paynknt�.at IAnJcr',�,►Ir di�crcti�m.
<br /> U�xm puymrnt in fuU of ull .um. x�urrd hy thir Sccurity In�trumcnt. L.cnJcr.liull prumpUy r�funJ tu &►rrciwcr any
<br /> _ Fwi��hclJ by I.cndcr. If.undcr parugraph?1. Ixndrr.hall acyuirc ur�cll thc Pr��rty. L.ci�lcr. priur to thc acyuitiition or�ulc --�•
<br /> - � � _ . of thc Pru�xny,xhull upply uny FunJti hrld hy 1w�nJcr ut thc timc of uryuisition or tiale a.a crcdit aguin+t the wms recurcd by �.-:�
<br /> � - ' thiti S��.urity Inurunknt. ••
<br /> ;,�• � 3.Applic�tlnn nf Y�ytnents.Unlc�s applirablc luw providc+othcrwi�c.all paym�nt,rcceivrd by [.ender u�xicr paragraphs �"���+
<br /> 1 and 2 shall tx u�plicd: �r.t, to anp prcpaymcnt rhargcti duc undcr thc Notr; +ccond, tu amountti payahlc undcr purugraph 2; �
<br /> ' third,to intrrctit duc:tiiurth.to priuripal duc:and lu+t.tu uny lutc rhargc,duc wiJcr Qic Nutc. =�'-
<br /> • � 4.Chur�e�; I.icns. Borrowcr�hall pay all taxc+,a.tic..n�cnt�, chuCgeti. li���ti and im�xnitionti attributrblr to the Prapeny
<br /> : which mu attuin rinrit ovcr thiti Scrurit Intitrun�rnt, anJ Iratichold �_-�,
<br /> Y ' p Y y paymcnt+ur grourxl rent,, if'any. &rrrowc� .hull pay _
<br /> thcsc abligati�irn in thr mannrr proridcd in paragraph 2,or if not paid in that munncr. Burr�iw•rr tihall pay thcm on timc dir�eNy =- -
<br /> to thc per,on��u•cd payrocnt. B��rrower.hall prompUy furni.h to Lrndrr all nutirc���t am��unt,tu hc paid undcr thiti p•rragraph. _-
<br /> • : If&�rrowcr m�kc� thr+r paynknt.dircctly.8urrciwcr tihall promptly furni.h tu IAnJ�r r�cciph cviJcnring thc paymcntti. -�
<br /> .. B��rrcxvcr�hall prcimptly diuhargc.un licn w�hirh ha�pri�irity u�rr thi,Srcurit� In.u•ununt unlr.,&�rruwcr: ta1 agrccti in
<br /> writjng to thc paymcut of'thc ubligatian tircurrd by thc licn in u manncr acrrptahlc t��Lcn�rr. ib)rontr�t, in g�x�f faith thc licn � , .
<br /> , by. or detc�xlti a��intit ent��rccmcnt of tlu licn in. Icgal prorreding, w•hirh in thr Lcndrr'� upiniun o4xratr to prevcnt thc —_-
<br /> . , � enforrrmrnt�if Uic lien:ur(rl,rrurr,f'rum thc huldrr ut'thc licn;ui a�rcement tiati.t:irtur}•a� Lender wh�irJinating thc lien t<�
<br /> this Sccurity In,irumcnt. It'Lrndcr dctcrminc,Uiat any part ot�thc Yruprrt}• i. ,uhjc�t tu a lirn ��hirh may attain priurity uvrr
<br /> _ � thi�Sccurit��Intilrunuut. Lrndcr m:�y givr H�,rrawer a nuti�c idrntif�in� thr lirn.B��rrnwrr+hall ti:rti�f� Ihe lirn or takc c�nc ar j�
<br /> ' morc nf thc actinnti ut timh alx�vc within 11)�fa�.�,f thr gi�in�c�f nutirr. d.
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<br /> Form 3028 8I80 i.
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