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<br /> ��"� -�"'""`� -�"'` �8�fil�b�ll"d'H�!I tir�imprisv¢s�.�'s nosv or�.e�t�p erer,�d o�tise P�F��i��U�'�`� , ��xi?�`='��� � ' • _
<br /> — -- - - . #`r�t�'a�s row 4r.�ter�� a.pvt af tY��pra}�erty. All mpfuces�� �'ttd�it�ons sba}I��so 6e oov� by this�Se�tity . .
<br /> ----- ----- Ii�tru�ni.�!1 of the Coreg��s referred to inr th}s�Sa:rity�nstn�ment ug'tlie"�p�ay." � , ; '. � , � . � .
<br /> ------ __—=—_ � �ORROOkSR COYENMFTS ti;at�o,mswer is t�.tvSu3ty seis�•a�dze estate hereby comreye�t`aad l�as�ri�t ta grant an�,
<br /> -_ ----------.___ . � c�►vey t�e Fcogerry'.-,end t�at t3te Pra�erty is uas�red,eaeept for sncimibrn7ices af re�eor+9. Borrower wa�rants�asid wi�t`
<br /> - - defemi geaeirailg the titte t�u the Fraperty against n11 clai�s aud demands.su�;act W uny ena�mbrane�s of reeozd: ' , .
<br />--=M�---°�- - � T�iLS�5HCU�tTTY Ij11STRUMEI3'F comGines anifom�oovenants'for iiatior}a1�use and non-unifo�c�vena�pts vrittt.liraited - -
<br />'°�`--- - - variatiaas by jurisdi�tioa to ooastitnlP a anifo�fm sc�auity insarument cpvect�g Teal F�rtN• . ,
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<br />�r �; �, ,� UIJlF�RM COVENANTS.Borrower aad Leades covenant and a,n�e as follows: � ' � -
<br /> =�� � � L.PnyEaeat of Priuci�al an�.Int�.PreAaYmPUt a��_I�e Ct�s�. �rraRer sball ro. Y.Pay when.due tY�e • ---
<br />- P � _..�� __ _
<br />-', >�.:F ,j.4 '".=pi,. : Priacipat of aad iate�est on tke ctebi ev�densed isy ths Nate and anY PreFayrne�t and laie cbatges due aacler dte Not$. ' -_ -.
<br /> - '�"Yt�'�":`�- �.Fan�s for Teses a�si Ins�uaas�.Sl�b}ec�to appiicable law or to a written.v�sive�by L�der,Bojrawer shall pay ta -
<br />_ . =s�,''r n n .
<br />_ �,:. I.eBdsr,on the day�onthlY PaYn¢e�►ts are due ua�der thr Nnte,until the Kote is paid in fult.a swn( Funds.)for..(g)Yearjy taxes ,
<br /> r;:� ar.d assP�cmg,�A wbid►msy attain priority over this Secu►ity Iasa�ment as a liea on the Pmperty:(b)Year4y leasehoid p�ymenis
<br /> ��round r�ts an tl�e Pnagerty,if any:(c)YeartY 6ara�d or propetty insurt�nce premiums;Cd).yearly fidad"insurance premiums,
<br />��,�:� if any:�(e)<yearly martgage insnsance premiums,if any;an�_(�anl'sams PaYsble by Borrower to l,ender,ia acco�ance with _
<br />�,YU� �."� the pmvisio�s or{�ra�raph 8.in li�of the gaymeat of mortgage insuranse pr�iums.These items are call�°Escrow Items." • •
<br /> �,,;;1.a .
<br />-:}. . . .�.f, ;� I.en�er may..at-�iy tim�.ooltect and t�old FUnds in an amount B�ot m exc�the maximum amonat�leader for a federally. ' -
<br /> +r�. r'%'�:: � related mottgage toan may require for Borc�wer's escrow a.�count ua�er the federai Rea1 £utate Se�lement Pr+oaedurPS Act of
<br /> - �s;,;:- . 1974 as amended from time ta time, 12 U.S.C.Searon 26U1 et seq.(°RESPA").wiless anotbei!aw tl�at applies tn the Fuads • .. �.
<br /> `. �•.h=_'. sets a tesser amown.If so. l.ender may,at a�r time.collecx and hold Funds in an awount not to excsed the lesser amount.
<br /> ..;'�'r��;.:.;.
<br /> _ ' '� Lender may esdmate the amount of Funds due on the basis af curren2 data and reasonable estimaies of expenditares of futare � e.�-.��:.:.__
<br /> � ; � ;• ' . -
<br /> t . Pscrow Items or atherwiss in acaordaIICB tivith applicable laar. . -- -
<br /> `#�1 Y` _ . _
<br /> �,. . t ::. The Funds sha11 6e,f�'..��>in an institution wEiose cd�osits aze insured my�.�fi'e�eral aga►cy. insinimen��;.�Cy;or,�eraity
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<br /> _•.� =:=:;;..��".°�`.':;..•..• -.---_-..;-lvrirdn�ing.Lender,,.i£I�eu�::z���achadinstimbion).or.i�e;�r!}r.Pesleaal.Pdome.3.vari��ff�ez.s�I1_aPPjY-•tA�� to_paY Jhe----.--.-. _ -
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<br /> •- - `� " • .�crow Iterns::l�is^.der aiay aot charge Borra�c��er for Iic�I�"g'and ap�ty:in��Fsii�;a�'rivaliy���g ttie es��acpoiwt,ar. ' -_-
<br /> v��� :';'� '�'�tifying t.*.e�ct�w Items.antess I.ender��s���,Borrower interest c��,. .L��ids`�nd applicabte i��.�.�fits Lea��io'�v-e��i� ��
<br />°''�� tr� .` � i:y�%i,� , ��harge.��„w:ier.Lender may Tequire�';n�wer to pay a one�ti��'Cor an independent�l e�tate taa'�.-�.:�g s��,.s�• `
<br />-� ���` „�_ '�`� _ +�.� �:�::in oonnec�on with tbis�u, unless a�l��te�',�.,� �'"r�vides.e�wise. U�.`:s�.asi agt�s`�-.�made"Qr, . °=
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<br /> �: `t4 �r, � ` � '•,� �,: � �.:?-.,u►ai fs:i���quires in o be�d,.�.enderstial!aar i`� �rrs pay B m - aiiy�a_G�:��-eairnings on the Furr`.�,g;, - �,�-,�„
<br /> ;� t21est t � d attier
<br /> �a.; E�,�,�;;:;i,,t?��`���;+ ss�m�rr.z��.C�m,der may.a��.str�au��;.however.ttiaF�.��.il�'�e paid:�n�:ti4e F¢a�1`cr�.sliall give to Barru�,`, ' ...i ;
<br />�i. :����t y�" ��.'�s��• i�iit��:��o°���^�s afln�l�3r���G�.4r Funds,showiisg cred�s`�i`debits nv die Fnnds�d7e purpose for which e�rE���: `.�<<}, �
<br /> _`�:,- ;��1 +F•,,•�;.;.:'°;,':; . . clebit�to the Fuii�s was�.;::�.T:T`�:.�F�ads are pledged as additional security for all s�s setnred by this Security Iastrument. . '' ;
<br /> ��������'�{`i � 1f the Funds held by Leciu'er exeeed tht amounts permitted to be held by applt�b�e law;I.endei shall accoi�t to Borrower '`j ..��
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<br /> � ���` for the eacess Funds in accordance with the uirements of a licable law.If the amaunt of the Funds held b Ixnder at an !
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<br /> . time is not su�cient to pay the Escrow Items when due.Lender may so notify Borrower in writin�.and.in such case Eorrower ;:;Y•tr
<br /> - . shall pay to Leader the amount neceasary to make up the deficiency. Borrower sha111 make up the deficiency in no mnre thaa ��+ '...
<br /> �. r�....
<br /> • twelve inonttily payments.at Lendes's sole discretion. � :,��'•-
<br /> . . . �� � ' Upnn payment in full df all sums secured by this Security Instroment, i.cndcr shali promptly refund ta Borrower any `� �'""'
<br /> • � �'unds held by Lcnder.IE under paragraph 21.Lender shall acquire ar sell the Property.l.ender,prior to the acquisition or sate � �;��.�.;:�,
<br /> . � of the P'roperty.shall apply any Funds h;ld by Lender at�he time of acquisitian or salv;ts a credit against the sums setured by . � :� �r
<br /> .. • : this Securiry Instniment. _ _ __
<br /> . ; . . ..'. - -=
<br /> . : ' • 3.Appllcation oP P�yments.Untess applicab2e law provides otherwise,all pnymentN raceived by Lender under parag�aphs ��•;�:;�z;rt;•;;:t;� �--
<br /> �:;.j;�;r%��.�.. �.� . 1 and 2 s6a11 be applied:first,to any prepayment charges due under the Note: second,tiD r�maunts payable under pamgmph 2: '''�f� ' �_�'
<br /> �, � �o�:,-
<br /> ���'�'' , '��`'" : � ' third.ta interest due:fourth.to principa!due:and la�t,to any late charges due under the Nnte. s��• , •� � �•��',d>--�-.
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<br /> ''`{'�=,.`'-� :�• � , 4.Cha�ges;Lienv.Bonower shall pay all taxes,assessmenu.charges,fenes anc! imna�itfons attributable to the Property � ��.. �
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<br />_ , �. . which may attain priority over this Security lnstrument. and leasehold payments r,r gnzund•'t+anu. if any:Borro�ier shall pay :���. .. t���;
<br /> ��'�--
<br /> . these obligationc in the manner pmvided in paragraph 2,or if not paid in that manner.Bnrrower shall pay them a�time diract�y�.� � i>::,•••�' , :�;-°-��.
<br /> . . . a. •.r��-_-_--
<br /> • � to the person oaed payment.Barrower shalt promptly furnish to I.ender all nouces af amnunts to be paid under t�is paragrapf�. 'r,`:,,;'•�` '..'=;,
<br /> � , If Borrower m3tces chese a ments directi .Borrower sha!! rc�m tF}�Eumish to Lender recei ts evidencin the a meMS. `f�`^��` ' ' T`"
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<br /> - � • ' � Borrow���.�al{promptly discharge any lien which has pr�ar�ty a�u:r this 5ec�uriry Inti�trument unless Borrower:(a)a�ees in '� ,, • . •� ;5;7��`:'"'„<<�_
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<br /> -�- �, " ;��,r,-:-'� writing Co the�i}o�lent of the obligation secureJ by the lien in a manner acceptable tc�Lendur;.Ib)contests in good faith the lien °�.:�,�-=:.'l;;,n����rg,;�;,�.;�:_ -
<br /> � ' " ' • by, or defends arainst enfoccement of th. lien in. leCat praceedings which in iha Lender s opinion operate to prevent the , ,
<br /> .,�.,:�.�. , ..
<br /> _ ;; ;� ;�a,,;:;;�~ ._. . : enforcement af the tien;�r�r�secures from the holder�f the licn an agreemem satisfitctary [o I.endcr subordinating the lien t�o �,�r�,� •, . '.': • _
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<br /> -.: r:+�4•,� . •, ' this Security Instrument.-If:Exnder detemiineti that any pan of thc Propeny is tiuNjec�in a licn whicb may aftain priority over ;�N�• ���• • ,>�•; .. ,
<br /> �. a��:-.C� :•% � this Security[n�reiment. Lender may givc Borrower a notice identifying thc lien.B�trmwcr shall satisfy the lien or take ora�o� � •; " �
<br /> � �.,i, '; ' �- .�� --;� more of the 9s:.t�iurss set fonh above within 10 days of the giving of natice. � � ��_ � • •. -
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