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<br /> �n�J fistuney r�w�x haru�fiar N part af the p►riperty. fJl t�epU►couxnts xrHi xddi�iona s}w�l aluz tre eovared by thi�9ocunty
<br /> tnstnomen� Alt 4f t6e[o�goi��3s rcferrr.d to 1n thla Se�curity Instrunxnt ax the"Property."
<br /> ' . BO�tRU11V�t COVENAN'TS Sh�t Aamwec is lawtully�ei�ed oP tbe eaata 6�a�lsy coavayed�od fuiJ dt9 titlx
<br /> end coe�Yey d9aP�oport�and ttia�t the Praperty is unawcwnbgte�d�except for encumbnuc�;bf retad. Hormrv�er�,� .
<br /> vaill dtlrnd.�en fy t5e 8tla oa tbe P�opaty ysimu dl cW ms uid denund�,wbjact to�ny a�cwnbr�aoq d iecord. . ' .. . ,
<br /> THIS SFCZJRITY INS?RYJMSNi'combL►es wnitarm cavenents fa n�tional usa nnd n�n•unifarm covan�uMa with
<br /> Wnited vul�►tlaas by jtBindiedoa to constitute�nnifur�eecuFity�u�n�eat cov�iug�z;al�,:�y�:aty.
<br /> . UNIF'ORI�t CbVBI�1AN'I'S. Hotmwu und L.tnder coven�nt and�greo�s follows:
<br /> i. Pr�nneat oi Peh�dpnl�nd 1Memti P�epRymeat and Lste Ch�r�es. Bamwer ahaU proA�t1Y P�Y when duo tha .
<br /> . P�P�of and inra�t on d�e debt evldenord by t6e Nou and�ny PreRaYmeat and late ctulegea due�ndtr the Note.
<br /> Z, P�od�toe 11�as�Iawnnoe.Subjoct to appllcabla lavy or to a wrItten weiver by l.ender�Harnwa aluU p�y to
<br /> L.end,er on the day monthi�►pRYments are due under the Nate.undl t1�o Nwe is paid in full.a suan t"Punds'�Por.(a)Y�Y ,
<br /> taxcs�and ess�ssma�ta which muy attaia prIorltX over i1�ia Sxurity Iustnunent as a l�en on the Pmperty;(b)YeulY iaed�uld
<br /> pnyments or gerwnd n�ta an the Frop�aty if any; (c)YeulY ha��rda�P�Y iasuntace prcmiwne; (d?.Y�Y itood
<br /> ibsurxuco pnmtums. if any;(e) Year1Y mo�tSaB�insyrence pccmtums.if�any; end (fl any swns payabie'by Bocrower to
<br /> Lender�in necordutce wIth tha provieions of parag�tpb 8.in lieu of thepsynnent of mortgage i�tsutance pnrantums. 'Ibeae
<br /> ium�aro caqed"F.sciow Items.' Leader m�y.a4 any time.collect and hold�unds it�an umnunt not W easeal tha awxlmum
<br /> amouat a Iender�a a federally nelated mortgaga loan may roquire for Botro�rer`s escrow account under tbe federal Rral
<br /> Fstato Settkmcnt�trocedutts Act of 1974 as xmended from tlme co ume,12 U.S.C.�2601 et s�q.("RESPA"),uWess anotha
<br /> law that applies tp�a pundg sets a lesser aaioun� if so.Lender may,at any!dme,col�e¢t aad hold Phnds in an amount rmt to
<br /> eacc�ecd tL� tc�bui�ari�►o�w� Lender may cstimate tha amount of F�ds due on the bas�s af curcent ci�ta and teavonable
<br /> estimaus of expettdihu�es of fuwte E.earow It�.ms or othexwise in accordaace wtth appticable law. ,
<br /> The Fnnds's9�11 be held in an iastitution whose deposits are insured by,a federal agency, iastn�menta�ity,or entity
<br /> (including L,ender.if I.cader is such an insdtudon)or iu any Federel Haiiie Loan Bank. 1 ender shall apply the Funds to pay
<br /> the Escrow Items. l.ender may not charge Horrower far holding aud t►gplying the Fonds.anuually sin�lyatng the escrow
<br /> account,or verifjring the Escraw Items,unless Lender pays Borrower iiitotest on the Pl�nds and applicabla !aw permitx
<br /> Lcnder to make such a charge. However.L.etcder may cequire Botrower us pny a one-time chatge for sin independent cea!
<br /> estate tax�eport[ng servlce useci by L.ender in connation with this loan,unless appl�cable law provldes otherwIse. U,nlcss aa
<br /> ag�ment is aaade or applicable]uw requ�res intcrest to be paid.Lender shaU mot be�equired to pay Boirower any inte�st a�
<br /> eamings on the�1u►ds. Borrower and Lender raay agres in wrtting,however,thaf lntemst shall be paid on the Funds, t.ender
<br /> shall give to Hdrr�awer,without cbazge.an s�nnal accountIng Af the Funda,ahowing credits and cYebits to the Funds aad the •
<br /> p�ose far wt�ab each debit to the Funds was made. The Fi�nds are pledged as addlflonal security for all sums secumd by
<br /> tfis*�ecuriry Insuumep� .
<br /> ��f the Ftinda hetd by Lender exceed the amounts pernnitced co iie heId by appiicabio I�w. ix,i��r shai� accciit�ni us
<br /> Horrower for the-eacess Funds in accordaace with the requit�ements of applicable law. If the amount of ttte I�2tnds held by
<br /> Lender at ady tirne is not sufficient to pay the Fscrow Items when due.Lepder may so noHfy Boirower in writipg,and.in
<br /> such c�se Borrower shaU pay W l.ender the amount aecessary w muke up the deficiency. Borrower shall make up tha
<br /> defic�iency in ao mozc than twelve monihly payments,at Lender's sole discretlon.
<br /> -Upnn payment in full of n]!sums securtd by this Secudty insuument,Lender shall pmmptly refund w Ba�raw�c any
<br /> Fuqds beId by Lender. If.under patagraph 21.L.ender ahaU acqu[ne or soA the Property.Lender.p�ior to the ucqaia9tion or
<br /> sale of tt�e Property. shall apply any Fuads.beld by Lender at the tlme of acquisition or sislle as a credtt agaiust the sums
<br /> secumd by Wia Security Iastrumen�
<br /> 3. Applkation ot Paymenta Unless appllcable faw provides otherwise. all paymeats received by Leuder uader
<br /> ptuagraphs 1 and 2 shall be applied:fust,ro any prepayment charges due under the Note;second,to uutounta payable uader
<br /> ptue,�rap6 2;third,w iaterest due;fouxti�.to principal due:aad lest,to any lato charges due under the Note.
<br /> 4. Cl�rges; Ltena Horrower shall pay all ta�ces, assessments, charges, fines and imposidons athibutabla to the
<br /> Ptopsrty whIch may attaln prEoriry over this 5e�ntiry Insm�men�and leasehold payments or gmund reau,if any. �orrower
<br /> shall pay these obligations ia the menner p�vtded la paragreph 2,or ff not paid in that manner.Borrower shall pay them on
<br /> tirae directly tc+ , person owed paymenG Borrower shall prompdy fumish u+Lender all notices of wnounts to be pald under
<br /> thia paragraph.�Borrower makes these paymenta directly,Bomower shall prorapdy fumish to L.ender receipts evidc:ncing
<br /> the payments.
<br /> Horrower shall pmmptly discharge any lien which has prlodty over tbis Security Instrumeat unless Borrower.(a)ag�+ees
<br /> in wrlting to the puymeat of the obligation secund by tha lien in a manner acceptable to L.ender.(b)contests in good faith ths
<br /> Uen by.ar defenda against enforcement of the lien in.legal procee�ings which in the Lender's opinion operate to pnsvent the
<br /> enforGement af the lien;or(c)secunes from the holder of the IIen an agtcement sadsfactory to L.ender subonlinadn$ttte lien
<br /> to this Security Instrumen� If Lertder determines that any part of the Property is subject to u lien which may attain prioxity �?�
<br /> over this Securlty Instnimen�Lender may give Bmrowar a noHce idendfying the llen. Bon+ower shall saNsfy the lien or take -. .
<br /> one or more of the actIons set forth above withia 10 dc;ya of the givtng of notice. �•;�;
<br /> S. H�rd or Property Insaraace. Borrower shall kcep the impmvements now exfadng or hereafter erected on the ���,
<br /> Properiy insured against loss by fire,haze�ds included withia the term"eatended coverage"aa�any other hazerds,including '
<br /> tloods or tlooding. for which L,ender requires insurance. This insw�ance shall be maintaiaed in the a�noun�v and for the '�
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