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<br /> Tat'rBTHER WTfII al! tt►e impravemcnts naw ar ba�tter ereatuf on the prop�ty, end �11 eMemantiee.
<br /> appvcter.�ncxe,an�tixturea now or hereaEtar a pnrt ai the property.All replacementa nnd additIdns eh�tl a18o be oovorod
<br /> by this&�uity Inatrument.All a!tho forayaing is r�fesred w In thda Securlty lnatrurncnt as tho"P,roperty."
<br /> F�ORROWBR COVENANTS that Borrowcr I�lawtully solsod of tho eatate b�erdby convoysd�nd hae 4ho r��ht to
<br /> Erant esnQ cm►vey th� Ptotsesty en�!�het the Pnapr.rty ie w�enc+unbarod,excapt tot enoumbrancas ai rec�td. Aorroxoe
<br /> warnnta an,d will defe�nd�erally tho tltle to the Propariy eYainet all claima and demands�eubJea�t to any encumM�noas
<br /> ot e000rd.
<br /> THIS SECURPCY I1�STRUMBNT combtnea unitorm covenanta!or n�tFomt uee tnd non-unitornn covenmts�tth
<br /> lienitsrt virctatlar�by 3uricaIcdan to con�tItuto a unliorm cYcurley lnstn�me�nt cc►verin�reAi pnopercy.
<br /> �1IJIp�pgM Op�iBNAM'S.Bort+n�rer and Londer coven�nt and��roe a�toqoNS:
<br /> l.P�ymoet oi Pciaoipat�ad intenst;p"tepsya�eat and I.�te Ch�r�es.Banowar eh�ll promptly py Mhen duu
<br /> the principl of and intarost an the debt avidenced by tho Note and any prop�yment and late ol��rRae due under she Note.
<br /> Z.Fundi tor'L'a:os�nd Iu�unnce.Subjoat to appiicabla law or to a MrIttm►wdver by L�ndor�BorroMer�il
<br /> p to LenAer on tl�day monthly pymente�ro due under the Note�unt11 the Nota ta�td in tull.a au►�n("Funde")tar.
<br /> (i�yaarly a:ra and aaeeesmense NhiCh m�y attain priodty ovee thIe 3eeurity Inetrumant�a a Iten on the Property;(b)
<br /> yarly lwehold pyr�ents or�mund rente qn the Ptuperty�it�ny;(eI Yaorly hsz�rd or prop�erty insuranae ptemiums;
<br /> (d) yeariy tlood inaucance premlume,it any;(e)yearly mort�s�e Inaunnce premiums,tt�ny;�d(t)any eoma p�►y�ble
<br /> by BorroWer to Lend�ot�in aasord�nce Mith tne proviaians oi pus�aph 8�in lieu oi the p�yment of mort�+�e Insurance
<br /> premluma Theme ite,crie�re callcd"Bsorow Items."Lender may,at sny ttme.collect�nd hold Funds ia an amount not
<br /> to e=ceed the muinnum amount a Iender tor a tederally relsted mortgaYe tonn may roqulm tor Bocrower's escrow
<br /> account under the feidanl RaI Bstate Settlement Proceduras Aat of 1974 as smended irom dme to ttmn. I2 U.3.C.
<br /> Sectton 2601 et ae�q. ("RSSPA")�unlcss another law that applies to the Funds sets a lesser amoun�Ii so�Lender may,
<br /> at any dme�coilat and hold Funda in an er�ount not to eac�,d tho tcsscr omaunt.Lender may estimate the amount oi
<br /> Funds due on the b�sis oi eunent data and rea�sonable estimaus oi eYpenditures oi future Escmw Items or othercvlee in�
<br /> accordance wlth appl iceble law.
<br /> The Funds shall be held in an institution who�e depostte are insured by a federal agency.lnstrumentaltty�or ent�ty
<br /> (including Lander,if Lender�s such an institutton�or in any Federal Home Loan Banlc.Lender shall apply the Funds to
<br /> pay the F..scrow Items,Lender may not charge Bonowar tor holding and applying tha Funde, annusUy enalyzing the
<br /> esccow account,or veriiying tho Escrow Items�unless Lander psya Borrower interest on tha Funds and applictble law
<br /> perm;ts I.ender w rneke auch a charge. However, Lender may requiro Borroaer to pay a oae-ttme charge for an
<br /> independent real estate ta�c reporting servtca used by Lender in connection with thie loan.unless applicable lnw provides
<br /> otherwt�.Unless an agroement is mada or appl�cable law requires interest to ba patd.I.ender shaU not be requind to
<br /> pay Borrower ru►y Interest or earninga on the Funds.Borrower and Lender may agree in writtng.however,tf�at intenst
<br /> ehall be paid on the Funds.L�►der shall glva w Borrower�withont charge,an annual accounting of the Funds,showing
<br /> croctlts snd dclsisa t� !he Fus�assd she purg�e iQr arl�ch esch del�#L t4 the Fun�wn�made.The Funds are pledged as
<br /> addittonal secuclty for ell sums seaured by this Secudty Inatrumant.
<br /> ,t�'.� It the Funda held by Lertder exceed the amounta permitted co ba held by appIicable law,L.ender shali aa:ount to
<br /> ��t-;`; Borcower tor the excess Funds in acoordance with tha roquIrements ot applicable 1aw.Ii the amount of the Funds held
<br /> ���� by Lender at aity drne is aot sutficient to pay the Fscmw Items when due,Lender may so rtotiiy Bortowec in ariting.
<br /> r�! and,in suah c�se Borrower sh�ll pay to Lender the amount nece�ary ta make up the deticiency.Borrower ehall mako
<br /> tii't
<br /> � t�?,�'..7. �
<br /> .�� up the deficiency in no more than t.welva monthly payments�at Lender e sole discretion.
<br /> Upon payment in full of all sums secured by this Security Instrume»t�Lender shall promptly refund to Borrower
<br /> any Funds held by I,endar.If,undcr paragragh 21� Lender ehali acqutre or sall tha Property. Lender,prlor W tho
<br /> aoquisidon or sale oi the Property.shall apply any Funds he13 by Lender at the drr►e of acquisition or sele as a ctedit �:
<br /> against the aums secured by th�s Secudty Instrument. ;;t„
<br /> 3.Applicstioa of Paymenta.Unless applicable laa ptovides other�visa.all paymenta reeeived by Lender under . ?.:
<br /> pangrapha 1 and 2 shall be applied iirst�to any prepayment charges�ue under t l ie Nou;s�eoond,to amounts payabte ����
<br /> under paragraph�third,to int�rest due;fourth,to principal due;and tast.to any 1��8 ctiar�e§due under the Nota. �-���
<br /> 4.Chaegas; Liens. Borcower ahatl pay a11 texes,assessments,charges. lines and impositions attributabla to the ���•°'
<br /> : ��r property which msy attain prlority over this Security Inatrument, and leasehold peymanta or ground rents, it any.
<br /> ��' Borroaer shall pay these obligations ia the manner provtded in paragcaph 2. or it not paid ln that manner. Borrower
<br /> ,»_h�'�": ehell pey them on ti me directly to the person owed payment.Borrower shall promptly furniah to Lender all notices of
<br /> �" '�r' �`•�L amounts to be paid under this parsgraph.It Borroaer makes these payments directly,Borrower shall promptly furnish
<br /> a� ...,,
<br /> �.M'':7��•�:�' to Lender raxiptaevidencing tha paymants.
<br /> �� ?�'='��' Bornower shell pmmptly discharge any lien ahiah has priority over this Security Insuument unless Borrower:(a)
<br /> . :=���.1 egtces in wridng to the psyment ot the obligation secured by the lien in s menner acceptable to Lender. (b)contests ia
<br /> �.;5•"�r��".�` good 4eith the lien by,or defenda against enforcement of the lien in.legat proceedin� ahich in tha Y.et►der's opinion ,
<br /> ^�:;;::..�..,- operate to prevent tho enforcemertt of the lien;or(a)secures from tha holder of the lian an agceement sati�slaatory to
<br /> ` •�'�':��' Lander aubordinsdrt�Ne lien to this Security Instrument.It Lender determines that any part of tha P�operty is subject
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<br /> y;�,:f',�;� to e lien ahich may ettein pr�ority over this Security Instrument,Les�der may give Borrower a notice identitying the
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<br /> �r;�";�sY;4;', lten. Borrowtt ahall satisfy the Iien or take ona or more of tho actions set forth above aithin 10 days of the gtving ot
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