::t�'% ,�`.�'i-K3ici mF�v'.[." '_- __" ___-__'-'_---_- -
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<br /> � �: - � .f�ylV+T+���� --
<br /> � . � � ��BR 1�i�,'t��Id tha im}�rovesm:Ms fio�v or Ogc�er er�on t�a pru�yr�ead a!I e�m�ats.npFurt�n�s.t� .` -- -
<br /> ' �extures ntsw�or:h��aftea a p� �f tkC p��: �11 r�pir�m�ns aa� :_dditions aI�n1D nlso be�ver�d bp th�s S:curbty =--
<br /> � Las�nt'.A}!otYha forc,gaiirg i��efer��in ttiIs S�writy I�u t r u�m sks t h a°P a a p e r t 3+•" •. . , .
<br /> ` � � .80RIt�WI�t COV&Nd11�i'!'S ttt�t�Bnrto�et i�4a�aR�.sdscd of�ise cstat�her�#�y oonvcyad ar�iu�s t1x right tu grunt� . .—.
<br /> ` �: `cnt�rey�i t�i�P r�e r s Y�a h�t t h e�'r a�,x�t y�s,u r i c n�b e r z d,e x�s t f a r 2 n c�m b t a n c e s a f re a i r Q. �u r r oti v�e i�varrnnts and wiU --.
<br /> def��e n�V the tii2�to tlke�P�S►u$�us4 uti ctsiir�ti umt d��9��bj:ct to ai�y erwP��o�resord� . . �_
<br /> TH��'SECURa7`1l iNS1`R`lIld7�iT Cambi�s unifaran caven�ts for nat�anal usc nnd non-unlfarro cmven�ts-w i t h 1€n ilt�0 . -
<br /> vnriaftnn�by�urtsOictian so.or3nsdtute a uniforu�seeuriay tnstrumert cmfeYin�rca!prope�ty. � . , . ' �;_r`
<br /> uxa�aR�cQV�vArrrs.BQmaxeF artd Le�er covgnant mtta ugee as foftows: �� . -----
<br /> � 1. Fe nf ��Int�;F�ePDS'a�eut a�d t.�4e Ct�c�.�Sonocver shall psomPttl+OaY a'�`� -
<br /> �vhe¢i�'du+e tho .,�.:_-��.
<br /> ��, �� ���:
<br /> primcipal af aad interess on t6e debt evidanced by t�e�Iote�d ang pre�ay�nent a�d t�dte fiar�es due a�r rha l�at�.� - -= -
<br /> Z.�ds far'8as�aatl Im'ftrat�ee Subject to applicable daw or to a writtcti waivYt by Leader,Botcn�rer shall pay ta
<br /> � I.encIeit on the day�o�h1Y FaYmeuts are dae andeT the Nute,w�til the Note es Qaid ia fall.a s�m("Funds°)for.(a�yeariY�uea: �Y">.�
<br />` ' , apd'as�essments wbic6 amy attain griority over this Sec�uity tastrument as a Lien on the Propeny:(b)Yearly leasehold payurents �'i:-
<br /> �.
<br /> or gmuAd ie,nts oa the Praperty,if apy:f�)X�Y har.�d or psopesty iasvraace pmmiums;(d)Ye.3r1Y tload in�u�aaoe pre�uu�s, �-.-_-�
<br /> if anY;(e)YeartY��5���Pre��s,if az►y:ana(fl any svms vayante 6y Hotrow�r co t.es�aer,in accaordanee with :___
<br /> _the pmvisions of paiagr.���,in li�of the paymeat of maitgage insnran�oe premiucs.'t�ese ite�ns are ralled"Eqcro�s►[cems.' . ,��____.
<br /> t.eac�er�oaY.at any tit�oal2ect an�hold Funds in an asnnuat not w e�ca�the a�axia�vm amoum a leader fcar a.fe�crelty ��
<br /> related mortgage Ioan may mquire for Banawer's e�ea acxaunt under the fade�l Rea!Estate Settlea►ent Procedures Act of ,
<br /> - 12 U.S.C.Seclian Zfi01 et s .("RESPA"),�Iess another law t6aL a�plies to the Funds ��_:`-
<br /> : i9?4 as a�aded fmm ume to ume, n4
<br /> � �ets�a I�t a�om�.If so. LEader naay,at any time,ooIIect aad�id Fuuds in aa amonnt�nt w exceed the lesser amauat, �.. ;
<br /> ;:.• �.euder m�y�timaie the amount af�unds dus on the 6asis of cunent data and rr�onable�es of ex�udiuues of futn�e f �-�
<br /> ":�•_Fstrci�ar It�s ar othetvQise in aocoida�tce wit�applicafmFe taw. _. ' ' .
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<br /> ,;. _
<br /> ..'. . :` ':[Y�e F�nds s6a11 be t�etd in an ins�tutton whm�e de�ashs �insu�ct by a•federal ageQCy, in�'um�tY• ar e�itY.
<br /> ' mc.__.� �a�C.?,if Lender.is snch an instimtion)or an�g�ei1�#Horae f.oan Bank_i�det s�all appIy.fke�urtds to pay tIie ,-J'�-,�_
<br /> . .. . .0 �s'.. � _ -
<br /> ' �.Escmw Ite�.`'�x'atdeT ma}i nat charge Eorrower fos h�ding arn���3nS�it-e Fan�s,anemally a�+s�S��scrow�caouiu:.vr-.-�-�---- ---•.�;,.r,,
<br /> ve�ify'ing t��scrow Items.uFless y.e�er Fays Borron+er inter►��.li�t��uu�s and applicabte[aer�erd����:f::�nder to make sucb �;,;�
<br /> m�aTge.Howeyer, �.ea3,!�snaY requdte Borroiver tn p.r�y a oae-t�-:���urr�e�or.:�n 3nde�endent reat�,;fi�:�t��ieporting service ';�;'ri:.-
<br /> •'`�d.til►.[eniier'itt.al��aP.•arith this toan. �m1r�,'spplira�le��►::�:�ii�av~i�..utverwise. Untcss aze�ent is made or '� :r,ls;:
<br /> ,,.. : _. .�.: . � : _
<br /> .':`::��i�ie.�a.�•�� , ,s�t�z'.'•st'ta be pas�:l.eader�not be res�u}�d tn pay�oi�nnwet_any interest i.-��ings on the Fnnds._ _ �;` ,
<br /> � �orraweraru��des��gr�inwritis�g,hower•er, that'intec�sc:�l'bepaid ontheFunds_.i�adc�'��ive toBotrower, •t }..�,;
<br /> �vithont c6ai'ge.an aniiu�fi'�cconnting of the Fund�,'-tpnwinS cee13T[���nd.de��.fo the Funds aiid tfte�gmi�sose for which each ::f.,',�
<br /> .debiL to the�unds was cit�a.The Funds are Pi�:�r�,�slitional.�ty foi.aJi?,�secured by this So�?tv i�m�men� '..;�:
<br /> If the Ftmds�eld by Leuder exeeed the amoutt�-�itted s:e•�9�eld by ag��icable law.t.ender sh�l!ari�imt to Borrower ' �z��'
<br /> for the excrss Funds w acrondance with the reyuirerisents�af ag�L�le larv. if che amount of the Fw�s fiei�t�by Lender at aay �'�_`;:
<br /> tune is nn�sufficir.nt to pay tlte Escmw Ite�ns wflea�ze.I.ender«�sa mxify Borrower in writing,anA,in such case Bormwer
<br /> shaU pay to Txnder the amoimt ae�ry to make uP the deficiency. Eorrower shall make ug the deficiency in no more than
<br /> mreive mnnthly paymeats.at I.ender's sole discretion. .:
<br /> , , U�on payment in full of a1i sums secvred by tftis Security insaurnent,LeRdei shaq promPtlY refimd to Bormwer a�y _ '
<br /> Funds held hy[e1Wer.lf.urtder parap�apb 21.Leader shall acquire or sell the Property,Leoder.prior to[he acquisirion or sale
<br /> of the Property,s�tatl apply any Funds held by Lender at the ticne af acquisition or sale as a credit agaiiut th�e sums secured by • ..
<br /> this Security Iaurument. � �
<br /> 3.qpplicat�on uf Poyments.Unless a�►}plicable Iaw provides otherwise.alf paymems received by Lc�der unaer paragraphs
<br /> t and 2 shall be appiied:first.to any prepajrment d�atges due under the Noie:secand.to amourus payable under parapaph 2:
<br /> third.to inier�st dus:fourth.to prirtcipal due:and last,to aay late c,harges d�e under the Nate. . • .
<br /> , 4,Cba�ges;Lt�.Borrower s6alt pay a1t taxes.a���+��++t�.charges.ficees and im�ositions attributable to the Propeny
<br /> wtricb may atmin priority over this Sec�ritY lassrument..and leaseholQ paymer►ts or ground rents.if arty.Borro�ver sdaU pay
<br /> ' these obligations in the manner provided in Qaragrapb 2.or if not paid in that manner.Bort�uwer shall pay them on tiace d'uectly .�:;.
<br /> w the person owed payment.Borrower shall promptl��fumish to l.ender all notices of amounts to be paid under tt�is pacagraph.
<br /> . If gurrawer matces these payments directly,Barrowez shall promptly furnish to Lender rweipts evidencing the paymerts.
<br /> gmrower shsil pramptlY distharge any lien whicfi has priority over this S�cvriry instra�ment unl�ss Bflm��•er:(a)ag�oes in ..
<br /> arriting to the payinent of the o'6ligation secured by ttte lien in a manner axeptable to l.ender.(b)oontests in good faith th�lien
<br /> . by. or defeads agaiast enfareemert of the lien in. lega! proeaedinas which in the Lendei s opinion operate w prevent the
<br /> eanforcemea�t of the lien;or(c)secates from the holder of the lien an agreemmnt satisfactory to[.euder sabordinati�the lien to
<br /> Wis Se�vritv.►� �me*�i.If Leader determiaes that az�y part of the Property is sub}ect to a lien which may attain prioriry over '
<br /> �s�y�tnSV�n,�++�L�uier may giva Borrower a notice identifying the lien.Boitow�er shall satisfy the lien or take one or
<br /> mbre of tIrC�ctioas stt fortb abavc within 10 days of the giving of notiae. .
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