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<br /> 1'O(3�THER WITH all the improvema►ts now or t�eneafter eracuxl on the prqKm.and a!I easemaus.xppurtensnca.ub -
<br /> Gzturcr now ar hercafter a p�rt of the pmperty. All replacer►xnt� iu�d addidons shall also be covered by thi: Sa;urity
<br /> Gwrument. AU��f�he f�are�oing is rtferral to In thi�Security Instn►ment cs the"Propeny,"
<br /> HORROWER CAVENANTS tlut Borrower is lawfully sei�ed of the eatue hencby convcyed and h�.s the right to�rtu►t and .
<br /> oonvey the i'mperty and th+t the PropertY is urKr�cumberad, exaept for encumbrances of rocard. 9arrower wamnu ard will
<br /> d�fpW�{cnerxlty the tiUe to the Property against ail cl�lm�and derrnnds,wbjxt to any encumbrances of recond.
<br /> -� TNf5 SF.I'URITY[NSTRUMBNT cambincs unifom�covenants for national use and non-uniform mvenants with limited
<br /> � v�ulMiunr by Jurfutiction to conuitute a unifarm security instrument covering rral property.
<br /> - UN1F()RM CAV�NANTS.Borrower and Lender covenant and agrx as follows:
<br /> — 1. !'�yment of IhrincipRi �nd IntaYSl; Pre{�►y�uent and I.Wte Ctwrgc�:. Bnrrowcr sl»ll pramptly pay �vhen due the
<br /> princ��wl��f wnd fniercu on the debt evidencod by the N�te a�tid eny p�epayment and late charges due under the Note.
<br /> 2. t'und�tur Taxa� �nd Irywritr�ce. Subject to applicable law or to x written waiver by Lender, Borrower shaU pay to
<br /> I.c►wkr�►n thc J�y nxmthly payments are due under thc Note.until the Note is paid in full, a sum("Fundc")for:(a)ycarly taxcs
<br /> iuxl�s.e+atnent►whi�h nu�y unaia priority aver this Security Iactrument as u lien on the Property; (b)yearly Ieasehold paymcnts
<br /> or gnwnJ reot�on�lu Pr�►peny, if uny:(c)ycarly hazard or property insurance premiums: (d)ycarly flood insurance premiums,
<br /> � _ —"— --- if:u�y:Iel yenrly nwmg•rgc inwr��ce premiums, if any;and (f�any sums payablc by Borrower to Lender, in accordan�:e with
<br /> the pr�wi�iun►af{�r��r�h N, in lieu of the payment of mortgage insurance premiums.These itans are called "Escrow Items."
<br /> Lci�der m�y. �t uny timc, cullert :u�J hold Funds in an amount not to excced the maximum amcwnt a lendcr for a federally
<br /> relatcYl rnortga�e I�wn nwy rryuire for Bormwer's escrow account under the federal Real 6state Settlement Procedures Act of
<br /> 1974�s amend�xl fn►m tinx a�ti►ne:. 12 U.S.C. Scction 260! et seq. ("RESPA"),unless anothcr Inw that applies ta the Funds
<br /> aets u Ies�er uitN►unt. If u►, Ixrukr nwy. ut •rny time, coUect und hold Funds in un amount not to exceed the legser amount.
<br /> ; L.ender may etiti�twie�he utn�wnt uf FunJ.due on the basiti of current data and reasonabfe estimates uf expenditures of future
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<br /> ,, _ �rcrow Item���r uthcrwiK in;kcordu�xc with applicable law.
<br /> The Fund� xhull h� hcld in ;�n in�titutiun whosc depnsits are insured by a t'ederal agcncy, instrumentality, or entity
<br /> ; .°"" ' '`' '.'Y ', finrluJing Lcnder,it l.r�xlcr i,+uch•rn imtitutiun►��r in any Federal Home I.,�an Bank.Lendcr�hall apply ihe Fund.r to pay tl�e
<br /> ''� "' � Escmw Item�. L.c�xicr nw �wt chur � &�rruwer for holdin and a 1 tn the Funds, annuall anal z�n the escraw ucmunt,or
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<br /> � - } verifying thc F.xrow Itcmti,unlc,. lAUdcr pay�&ttrower interest an the Funds and applicable law permits Lender to make such
<br /> `r;�!�M�t.��-�'�if a chrrga However, l.e��lcr m�►y rcyuirr&►rruwcr t�i puy a one-time charbc f�r:ui independent reul estatc tax reponing service
<br /> . ya ;.�"' `` �. _:, uticd by Lerxlcr in cunnectinn w�th dii� 1��•rn, unlesti applicuble law pmvides othcrwise. Unlesti an agrcenknt is made ar —'
<br /> � ti�•;�::` ''. ,
<br /> . „;.,,, .' upplic;�ble luw reyuire�intcrrtit tu tx paiJ. tandrr+hall not be required to pay Borrower any interest nr earnings on the Funds.
<br /> �"'' ��`�""�"`" � " "r'` Borrower and Ixrxlrr nwy ugrec iii writinK. huwcvrr, that interest rhaU be paid on the Fundti.l.ender sh�ll givc to Borrowcr,
<br /> withuut charge, an annual wrruunt in� ul the FunJ,. .howing credits aixl debitti to the Funds and thr purpo�e for which each
<br /> debit t��the Fund.wa.madc.Thr t�wxl.�•rrc p1�Jgcd���additional ,crurity for ull+ums�crurcd by thiti Sccunty Instrument.
<br /> �s,., . , ' If thc f�und.hrld h}• I.rudcr c+ccr�d thr amuunt+�rm�ucd t��tx�hefd by appficahic iaw. Lendcr ti6•rli account to Horrowcr
<br /> " tiir the cxcc„Fu�ul, in arrnr�larnr wiQi thr rcyu�rerocnn��f uppli�ahlc law. If the amount of the Funds held by Lender at any
<br /> tinu iti nut tiuflirirnt tu pa� thr t:.�row U�m,whrn Jur. L¢ndrr may ,o nutify Burruwcr in writin�.:�r�d,in xurh ru�c Bc�ROwer
<br /> '' ' tihull pay tu l.cn�rr thr:unuunt nr�...:�n a�m.�lc up thr Jrtiricncy. ��rruwcr tihall makc up thc Jeficicncy in no morc than
<br /> twclvc nwntblp puymrnt,. :d Leiklvr'�.�dc�h.rrrtt��n.
<br /> ' UFx�n paymrnt in lull �d •JI wnn �r.urr�1 h} thi. ti�rurity In,trumcnt. Lcndrr.hull prompdy reFund to Borrowcr any
<br /> � . . FunJ,hclJ hy lA�xlrr. U. iu�lcr p:uaFi.iph =1. I.:n�lrr,h�ll acyu�rc��r,cll thr Pro�rty.Lcndcr. prior to thc ucyuitiitiun or wlc
<br /> uf thc Pru�xrt�. �h•rll :�rriy �„� i�u�k�,n.i�i i,> Lrn�l�r :�� Q�c ame��f aryui.icion or,alc a,a cndic•rguintit thc�umh�ecured by --
<br /> y+�: - thn S�ruriry In.trumrm. �"�
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<br /> .�,� � 3. Appllcation uf'{'u�mcnh. I nl.�,�.qq,li..d,lr I,��� pn,�•id�,�,thcr.�i�c.all p:��•m��nt� n•�•riv�•d hy� Lrnder undcr paragraphti ��
<br /> ' 1 a�xl= �hall fxr apphrJ lu.t. t��.ui� �nr��.�ym�id.h,u�r,dur undrr thc Nat�: �ecunJ.t��:�nu,unh payublc undcr paraFraph 2: ��.
<br /> . third.t��intcrctit Jur: t��urth.w��nnrq,.d�lue..in�l I:i,t. tn.iny latr�har�c+duc undcr thr Notc. :s_�
<br /> 4. Chvr{��w: Llem. li�a�ruWrr,h,dl p,�� .�II �.��r.. .�„r„m�nt,. rhar�et. linc,anJ �m��,itiun,attrihutahlc to the Prnperty �°
<br /> w�hich tna� at�atn pnurtt} ��LCf !Iu•.4a'tRttR lir.auiu:nt. .m�! Ica�rh�}Id p::ymrnt���r gn�unJ r�nt�.if am� R�ttr��wrr.h:�ll pay -•
<br /> ., thcx ubhEaUun, m the m:��,���� �,�„���i.��1���i�.��.���.��i�_.,�� �r ����► �a;a ����i,at mann�r. Rurruw•cr�h•rll pa}•thcm�m timr�irecdy
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<br /> tu thr{xn��n nµrd��a�mrnt. N��rr�n�rr,liall��i��uq,Uy lurm,h tn I.rn�i�r��II nntirr.nt am�iwu.tn hc paid unJrr thi.para�raph. —
<br /> ' • It H�►rr„wrr nial.r,thr,r p.�y�mnt. �lu�•.il� Nun����.� ,h.dl{,nmiptl� turni�h a,Lcndrr r�rript.��idcncing thc paymcnt�. �'
<br /> .. Eiurrm�rr,h.�ll �x�,m��tl� �I�ti�l�.upr a�i� lu•n uiu.li h.�,rnunt� ���rr tlii,Srcurit� In+trwnrnl unlrti,B�ttmwcr. 1a�a�rcc� in 5.
<br /> writing tu thr p:i�mrnt ��t th.���hl��:awro.r:un��� I,� tli�I�rn m.�n�.mnrra�ccptaM�a, l.�ndcr. ih� cuntc+a in��uxi faith thc licn �-
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<br /> hy. ��r dcfcnJ. a�ain.t rnfnrr��mcni ��� thr hrn in. Ir�,il �,����rr.hug. «h�rh in thr L�ndcr .urini�m u�xrutr t�� prc��rnt thc ��-
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<br /> cnti�rc�m�nt uf thc I�rn.ur�.i .�.ur.•. ti��in�h� h�d�lrr��i tl�r I��•n ,in :�Lrrrm�nt ,:iti,t:rcwr} t��Lrnd�r +uh�irJinating thc lirn tu ��
<br /> - ' thi,S«urit} In+trumrnl. 11 L�n�lrr Jrtrmuiu•• th.d .�m ��.in ��t tlir Ih���xrt� i. ,uhjr�•t tu a hrn��lurh may att.un priurn� occr
<br /> � s I Ihi�S�cufth In+trnnknt. I�:wli•� n�.n Li�r N�ni����i� .� n��ti,..• i�lrnnl��n;�Ilir lirn liurnn�rr,h�dl �ali�1} Ihr IICn�rr tal�r�mr or ��.
<br /> � »lare at thC aCUun+�cl I��t th ahntr W it htn I U d.��• ��1 il�r c��uic��1 iu�t��r
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