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<br /> TOQ�THBR WITN ait the impravcment»naw ar horcaRcr e�ectcd an tho pruperty,i�nd nil cASCmc���j���s�und
<br /> � ���' � ����+��� fixturcy now ut hcreu�tcr n pnrl af tho pruperty. All ICpIQtY11tC0IM 11I11I lt1J(IIl�t1119 slmll also {x; c�►vcrcd by t1�lA :tiecurity
<br /> Instrument. AU nf thc fi►rcg��i��g iti rcfcrrcd ta►in this Sccurity I�i�truii�cnt us thc°Pri�perty."
<br /> 9QRRt)VV�R CAVEiNANT3�hut iiarruwcr iw luwit�liy sciu�cl aP thc cstc�to hcrchy convcycd und hua tbo right tn gr�nt und
<br /> eonvey the I�ruporty nnd thnt tNe Nra{�erty Is unencumhered. ezcept fi�r encumbrunres��I'rec��rA. 8orrawer wurrui+te m�d will
<br /> defend generully the tltle to tho f�a�peny aguinst ull cliilmg aixi denuuufx,xubJect tn nny encumhrcmcey of recnrd.
<br /> -�_ _ � THIS S�CURITY INSTItUM�NT annhine4 unifarm c�venuntx for nutinnul u�c u�xi nan-uniform cuvenuntx witl�limited =_
<br /> varfutions by jurlgdiction to consdtute u unif'orm�tixurlty in�trument rnvcrfng reAl praperiy.
<br /> I3NIFORM COV�NANTS. �rrowcr und i.ender rnvenant nnd ugree u»fuSlowA:
<br /> �.. 1. �i►yment af Prindput and lnter�ti Pr�payment and l.ute ChArR�.w. Borrawer ahc�ll pmmptiy puy whcn duc tha —
<br /> �� principr�l af und interest on the debt evldenced by the Note und any prcpuyment and late char�es duc urder the Note.
<br /> ' 2. Fnnds far Tax�and Insu�nnce. Subject to applicablc law or to u written wnivcr by l.endar. Borrower shall pay to
<br /> l.ender on the day monthly puyments are due undcr tho Nate,until the Nate is pnid in full,a sum("Funds")for:(u)ycarly taxeg _
<br /> •� and a5sessments which muy uttain priorit�aver this Securlty Instcument as u lien an the Property;(b)yearly leasehold payments
<br /> or ground rents on the Property, if any; (c)yes�rly hu�urd or prnperty insurance premiucns;(d)yeurly ttood insurance premiums, ----
<br /> � if any: (e)yearly mortgage inwrance premiuma, if nny; and(�any sums payuble by Bonower to Lender, in accocdance with
<br />�/j � the provisians af puro�raph 8.in IIeu of the puyment of mortgc�ge insurance premiums.These items ure called"Escraw Items."
<br /> % L.ender may. at any time.coltoct and hald Funds in an amount nat to exceeci the maximum amount a tender for a federally
<br /> related mortgage lonn may require for Horrower's escrow nccount under the federal Real Estate Senlement Procedures Act of
<br /> � .,.v.:*..�� l974 as amended from time to time, 12 U.S.C.Section 26Q! rr seq. ("RESPA").unless another law thut upplies to!he Fundc --
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<br /> �� �,,, ,.. ;�,;�y sets a lesser amaunt. If so, I.,ertder may,at any ttme, callect and hold Funds in an amount not to exaeed the Icsser amount.
<br /> ;,���;';�, ,q`'"^�:'�� L.endar may estimate the amount of Funds due on the basis of current data and reusonable cstimutes af expenditures uf future
<br /> .�.� : Escrow Items or otherwise in accordance with applicuble law.
<br /> , ''�'��r' �' � ' The Funds shall be held in an InstitutIan whose deposits are jnsured by a federa! agency. instrumentality, or entity -- -
<br /> „ (including Lender,if Lendcr is such an institution)ar in any Fedcral Home Laan Bank. L.ender shall apply the Funds to pay the
<br /> � . -• � . Escraw ltems.Lender may not chnrge Bonower for holding und applying the Funds,annually analyzin�the escrow accaunt,or
<br /> , ., verifying the Escrow Itcros,unless L.endcr pays Borcower jnterest on the Funds and applicable law permits I.ender to make such
<br /> '� ., a char�e.However.Lender may require Borrawer to pay u one-time charge for an independent real estate tax reporting service —�
<br /> � usal by I.ender in connection wlth this loan, unlesc applicable luw provides othcrwisc. Unless an agrecment is madc ar
<br /> • applicable law requires interest to be paid,Lender shull not bc required to pay Borrower uny intcrest or eamings on thc Funds.
<br /> ' R�rrower end I.�nd�r mny n��!r in w�itit�g, however, that interr�t tha!!he paid on th�Funds. Lcndcr shal! giv�to Borrower, —
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<br /> " �. without charge, an annual accounting af the Fundc, ,howing credits and debits to the Funds und the purpose for which each �+
<br /> debit to the Funds was made. The Funds are ptedged ax additional securlty far ull sums secured by this Securlty Instrument. �s',�
<br /> �� If the Funds held by Lender exceed the amountl permittcd to be held by applicable law.l.ender shall accaunt to Barrawer =
<br /> • , far the excess Fuads in�ecordanre with the requirements of applicabie law. If the amount of the Funds heid by Lender at any r�;-
<br /> time is not sufficient to pay the Escrow Items when Jue.L.ender muy tio ncuify Borrower in writing,und, in such case Borrower _
<br /> • �hall pay to Lender the umount necessary to make up thc dcficicncy. Borrower shull muke up the deficicncy ln no tm�re than
<br /> , twelvc monthly payments,at I.ender's solc disrretion.
<br /> Upon paymcnt in fuli of ull sunn .crurcc! by thiti Scrurity In�trumcnt. L.cndcr shall promptly rcfund to Bnrrower uny
<br /> Fundti held by l.ender. If.un�icr paruFruph 2I, i.ender�hull ucyuire i�r.el! thc Propeny.Lcndcr, prior to the�cquisition or sale
<br /> . of the Property,shull c�pply uny Fund�hcld by L.enJrr at the ti�nc c►f aryuisition�ir salc a+u credit a�uintit thc sums sccurcd by
<br />_ -� this Sccuriry In�trumcnt.
<br /> 1 ° 3. Applicution nf Payment�.Unlr��upplicablc luw pro��ide+��thenvi,e,ull paymcnt+rcceivcJ by L.ender under p•rra�eraphs
<br /> I and 2 shall�e applied: fint,tu any prepaymcnt rhurgcs duc undcr thr Note: +cr�mJ, to amounh payuhlc under paragraph 2:
<br /> third,t��intcrcrt duc:founh. t�iprincip:d duc� :�nd I:�rt,t��:my I:nc c•h:�rLo�iiuc utxler�hr Natc.
<br /> ". , 4. Char��; I.iens. &�rrciwer shall pay ull tuxe�,u.�c.,mcntti.rharEc�, finc�and im}x�,itici�n uttributuhlc to the Property
<br /> which muy uttain priority ovcr thi. Security ln�trumrnt, und Ica+rliold paymcnt� or gruund renh. �r any. Bonowcr,hal!p:�y "
<br /> . these obligations in the mann�r pruviJcJ in par,�Eraph 2,ur if'nut paid in thut manncr. B��rrou•cr�hull pay thrm on time di�ectly
<br /> � to thc penon owcd paymrnt. Bormu�cr.hall pr�nnptly lurni.h tci I.�nJcr al I nutirc.of amount.tc�bc paid undcr thi.paru�raph. _,
<br /> If$��rrower makc�thc+e paymcnt�dircctl�•. 8ottow•cr shall promptly furni�h tu Lcnder rereipt.rvidcncing thr paymentti.
<br /> , Bimawcr tihull prumpily dixrhargc :�n� �irn which h�.pri��riry u�•rr thi+S�rurity In.trunxnt unli..&mowcr:(a)•rgrcc�in
<br /> . , writing to thc paymcnt of the ohligati��n �ccurrJ b��thc ticn in u m:tnnrr arrcptahlc tu I_�ndcr:tb 1 rontc+t�in gucxi faith thc licn
<br /> by, ur dcfend.again.t rnfirrccment of thc lirn in, tegal prur��cding. �rhirh in thr Lcixlrr'. �,pinion oExratc to prevent thc ,
<br /> enfarcemcm ol'thc licn:i�r tc)Krur�.frum thr h<ildcr ut'thc lirn un a�rcem�nt.ati�t��ru,q• ta I.rndrr.utx�rdinutin�the licn to
<br /> ' " thi�Sccuriry 6ut�ument. II'I.cixicr dctcrminr� that an}• pan of �hc Pr���xny i� whjcrt to a lien ��hirl�ma�attain priority avrr
<br /> this 5ecuriry [n+trununt. I.enJer may gi�•c B��rr����•cr a nutir�idrntitying thr licn. Burr�,��er.hall�xti,ty thc lirn or take�,ne or
<br /> • morc af'thc artiimti.rt forth:tbnvc w ithin 10 da�•.of thr gi�•ing u(nati�c.
<br /> � , Form 3028 8180
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