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<br /> TD�ib'PHER Wl'TH ell Ux i�npiY�vcn�ents nuw or iurcaYtcr crceted wi thc pro�c�ty,cuid all easr�z:e�nts,uF►�uttrw�crs,
<br /> and fixturPS ns�w or he�eatter a part of tb�e prupcny. 141! r�Fl�:tm�nts rn�±e�t�Cliil�ns shall.Rl�q t!'�C�VtY1C�J�1Sf lll�9�MC��tr
<br /> InswmenG All of Iha fortgo�ia�efemd to in thls Secvdty Instrument�a tho"Propeaty."
<br /> SORROWIIA COVENANTS that Borrower 1s lawfully r,�1sa1 af the eat�ta hereby conveyed end hu the d�ht u�grnt
<br /> and carvey the Pt�etty uW thu the Ptnpeity is untnc,rut►berod exctpt for e�w.�umdanae:of i+ec:aN. Batawee wm�nb�ud
<br /> wlll def�nd generaYiy the t[tk w the P�vperty�guindt dl cldms�nd densu►dr.subJect to�rep encumbruioe�a8 sec.�ac�d.
<br /> THIS SYsCUltl"i"Y IA1S'1'RI]A�EI+iT ��cnn6t�� ui�ifu:ii� ca�e�wiii� for �wttwul u� w�+1 �tua�-u.�lfot�a cs�:;tts�'�ta .vlth
<br /> Uaattcd vari�Hons by jurlsdtctlon to cansdmte a untform seturtty inatrument coverin��e�f property.
<br /> UNIFORM COVENAN'1'S. Borrower and L.endcr cavenaat and ag�as followa:
<br /> l. Ayq►est ot Prtncip�l an�Inter�i�P�A1'�aad I.wto Chu'�ea�B�c�rrower shAli prompdyp av whea duo the
<br /> �princtpal of end interest on the debt evidenced by tt�e Note and u►y pnepayment and late chsrges due uudac the Nate.
<br /> Z �Leds tor'llaxes�nd I�uranca Subject tp apj►llcable law or to a written watver by Lcnder.�o�mwer sbail pay to
<br /> l.eader on the day uwnthlY puymeuts ere due under!he Note.until the Note ls paid in fhU,a swn("Punds")for.(a)Y�Y
<br /> twces end assessmenta which may attain priorlty over this Secudty Inanuwent�s e lkn on tbe P�+npaty:(b)Y�Y�
<br /> payaoeuts or ground renta on the Progerty. if auy: <c) Yearly hazard or propeny insurance �emiums: (d) Ye�y tlood
<br /> iaSUrance premtums,if any:(e) Yearly aa�ortgt+sge Insuiance pcemiurns,if any: end (�any surns pryable by Bonowr,r ta
<br /> Leader.h►accordance with the provlstons of pnragraph 8�in lieu of the payment of mottgage insnrance prem[uau. These
<br /> itema ere called"Escrow Items." L.ender may.a�t uny dme.collect und hold Pluids In un amoune not to eacad the maxln'►nm
<br /> eraow�t a lender for a federally relatcd mortgage laan may reqain:for Botsower's escrow account under the federel Rsxi
<br /> Estate Seulement Pmcedures Act of 1974 as umended hora tiine m dmz.12 U.S.C.§2601 et acq.("RESPA")�euiles�another
<br /> !aw tt�at appiics to tho P+ntds scts A lessct amoun4 If so,I.eadtr raay.at eny dme.callect a�xl hold P�mds in Rn amaunt n�t to
<br /> eaceed tha lesser amoan� L.ender may esticnate the amount of Funds due on the basis of cumznt data and masonable
<br /> estimates of eapenditures of futute Fscrow Items or otherwise in eccoMaace wtth applicable law.
<br /> Ttte Fuiids shal!be held in an institudon whose deposita nre iasured by a fedetal agency.instntmantaliry.or endry
<br /> (including I.ender,if Lender ia such an insHtution)ar in any Federal Home Loan Bank. [.eader shall apply the Funds to pay
<br /> the Escrow Items. Lender may not charge Boitawer for holding and upplying tlte Pw�ds,annuaUy analyzing die escmw
<br /> account,or verifjring the Escmw Items, unless Lender pays Borrower interest on the 1'hnds and applicuble law petmits
<br /> Le�e�er to make such a charge. However.Lender may�+equire Hortower to pay a one-time charge for ap�ndependent nal
<br /> estnte tax reporting service used by Leader ia conaection wlth this loan,unless applicabie law ptovides othetadse. Unless an
<br /> agre�aent!s mmde or applicable law requires interest to be paid Lender shall not be required to pay Boiro�nrer any interest or
<br /> etuninss on t!►e Fnnds. Borrower and Leader may agree in wrldn�,hawever.that iuterest shell be paid on tt�e Funds. Leitdar '.
<br /> ' M�- shall g3ve to HoTrower.without charge,an aanual accouating qf the Fl►nds,showing credits aad debits co the I�nds and the �
<br /> puipose for which each debit to the Fuads was made. The FLnds are ptedged as addidonal security for sU eums securec!by
<br /> �.. tAisSecur[ry Insmimeat.
<br /> ,,: ' ^� If the FLnds•heW by Lender excePd the amouats permitted to be held by appHcable Iaw. I.ender shall account to
<br /> �,:�. •:.;,:��•. Borrower for the excess Funds in accordance with the req�iremeats of applicable law. If the amount of the FLndx held by
<br /> ;.��,��1����� I,eader at any time is not sufficient to pay the Escrow Ite�as whea due.L.ender may so notify Horrower in writing,and,(n ,
<br /> � :�2,t•�s*r•.=a';.�� such case Borrower shall pay to Lcnder the amount necessary to muke up the deficlency. Bomower shall make up the
<br /> •'�'"�'`•��'� deficten in ao more thun twelve mouthl a eats,at Leader's sole disci+edon.
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<br /> ±� .��s3.•�L�,:;;�,�� Upon payment in full of all sums secured by this Securlry Instrument,Lender shall promptly c+efund to Bmmwesr aay
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<br /> � � '�u,,:.�,;,�j;,',�-:' Plinds held by Lender. If.under pamg[aph 21.Lender shall acquire or seU the Pcoperty,Lender.prlor to We acquisi'tiati or
<br /> �"i;�::.�;:..:;:ry•:�.' . sale of the P�ope�ty.shall apply any Funds held by L.ender at tha time of acquisition or sale as a credit agaiast the �ums •
<br /> � �, seCUred by this Security IashumenG .. .
<br /> y �•����' 3. AppUcatlon of Payments. Unless applicable Iaw provides otherwise, all payments reccived by I.ender undez
<br /> " paragraphs 1 and 2 shsill1'be applled:first,to any prepayment charges due under the Note;second,to amoants payable under
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<br /> � �'.. • �-.� ara h 2;third.to Interest due;founh,to rinci al due;and last,to an late ch es due under the Note.
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<br /> r �!..4,�v-: -t°' 4. Citerges; Liens. Borrower shaU pay nll texes,tusessments,charges,fines and GnposItions amibutable to the
<br /> °�;+!�!b-•�• ���� •� Property which tnay attain pdorlty over tl�s Security Instrumen�and lea.sehold payments or gound reats.if aay. Homower
<br /> �-�+'�r���;�-�� shall pay these obligat�ons in the manaer provided in paregraph 2,or if not paid In that manner.Bonower shall pay them om
<br /> __-�--�—�,,.-.�-r. ti�ne dim.ctly to the person owed paymenG Bocrower shall prompdy furnish to Leader all nodces of amaunts to be patd ander
<br /> "'"• �'"� �� this ara h. If Borrower makes these ents direcd . Bomower shsdl mm d furnish to Leader recei ts evidencin
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<br /> • the payments.
<br /> '• � • Borrower shall pmmpdy discharge any lien which hAS priority over this Security Iastrument ualess Bormwer.(a)agmes
<br /> •r;-�:_� ��. ° � in wrlt�ng to the payment of the obligation secuc+ed by the lien in a manner acceptable to Lender.(b)contests in good faith the
<br /> �" ' Ifen by.or defends agalnst enforcement of the Iten in.legal proceedings which in the I.ender's opinion operate to prevent�tte
<br /> ' ,. �� • enforcement of the lien;ur(c)secures from the holder of the lien an agreement sadsfactory to L.ender subordinating ttte Uen
<br /> ' ';,,,,.,. to this Security Instrument I�'Lender deteraunes that any pan of the Property is subject to a lien whfch may at�ain priority .•;��
<br /> N:•' ;;�� � .. . over this Security InstrumenG l,ender mny gtve Borrower a nodce identifying the I�ea. Hotrower shall satisfy the liea or take ��.p,:�
<br /> �' one or morc of the actlons set forth ubove within 10 days of the giving of noSce.
<br /> � ' � S. �ieZard or Peoperty lnsurence. Bormwer shaU keep the improvements now eaisting or hereafter erected on the ��:t
<br /> '•'�" Property insured agaiast loss by fire.hozards included within the term"extended coveTage"and nny other hazerds,including
<br /> • � , t�oods or flooding,for which L.ender requi�es insurance. This insurance shall be maintained in the amounts and for the
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