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<br /> TOf3�TMER WITII nll tho i�nAmvemcnte no�v�n c�rcuftcr crcctcd cm thc praperty.nnd:ill cust�ncr�ts,Uppucteqm�cts,
<br /> and tixtures now or hereufter n paii uf th�praparty. All replacements nnd uddldans sh►ill ulso bo covGred by shls Secud�y
<br /> InetrumenG A►Il of tho forcgoing ix mferred to in this Sccudty Instrument u.y the"Froperty."
<br /> 9QRROWER COVBNANTS that Horrowtr fa luwiully Reiseci of th�estate 4�sntry��n�eyed t:tsd ktss!!�etoht ta grant
<br /> and convey tho Propeny und that the Property is unencumbrnd.except for enc�aatbrances of ceaord. BorrGwe�wurrants aad
<br /> wlll defend generally the ddo to the Proporty aga[nst nll claim�and demands,subject ta any encumbrnncea of tecord.
<br /> THlS SSCURITY 1NSTRUMENT combines unUForm covenunts for nndonN use nrtd non-��nlfnrm cuvenants wlth �
<br /> limit�d varfadona by jurlsdiction ta const�rote a unifortn secudty instrument covering real�Qropeety.
<br /> UNIFORM COVENANTS. Borrowar and Leader covenuat end ugree as followa:
<br /> 1. P�yment of Princlpal�ad Iatsreat;l�eepAyment and I.ata Chtuges. Borrower ehall promptly pay wh�n dua the
<br /> pdnclpal of and interest on the debt evldenced by the Note and any prepayment and late charges due under the IVate.
<br /> �. Funda for lhxes iutd lasurance. SubJect to applicable law or to a wdtten waivEr by Lender,Barrow�er sh�ll pay to
<br /> L.ender on the day monthiy payments ara due under the Note,unti�the Note ia pnid in full;a swa("Plutds")for. (�)yeudy
<br /> taxes and assessment�g which may aaain pr�ority over this Securlty Insuument as a lien on�he Pmpeity;{b)YeariY�easehot�7
<br /> pay�ents or ground rents on the Propecty, if any: (c) yearly hazard or property insurance premIuras; (d) yearly tlood
<br /> insuraace premlums.if any; (o)yearly mortgage insurance premiums.if eay;and (� aay sums payable by Bormwer Lc+
<br /> T.ender,in awordance with the provlsions of paragraph 8,in lieu of the payment of mortgaga insuraace premiums. These
<br /> items ere called"Escrnw Items" L.onder may.at any time,collect and hold Funds in an amount not to exceed the maximum
<br /> araount a lea3er for a federaUy related mort�age loan may myuire for Borrower's escrow account udder the federal lteal
<br /> Estate Seulement Procedt�c^Act of 197�3 as amended from time to Hme,12 U.S.C.§2601 et seq.("RESPA'7,unless another
<br /> law tl�tat appAcs to the Flut.is s.vs a lesser amounc If ao,Lender may.at any time,..;c�llect aad hold Funds in en amount not to
<br /> exceed the lesser amounG ;..:�der may estt�nate the amount of 1'�nda due on the basls of cument data and reasonable
<br /> esdrnetes of expeadiw[es of future Escrow Items or othPtwise in accordance with applicable law.
<br /> �,� ,.� Th�. Funds shall be held in an institudon whose deposits are insured by a federal agency,instnumentelIry, or entity }<
<br /> (includins Lender.if L,eader is such an Insdtutlon)or ia any Federal Home Loan Bank. Lender ahell apply the Funds to pay
<br /> ,Y: the Escrow Items. I.ender may not chruge Barcower for holding and applying the Pbnds, �n��iy�,�yZ��g�ne��W .
<br /> �"•-� '`�^ actount, or verlfying the Escrow Items, unless Lender pays Borrower interest on the FUnds and applicable law permits ' `
<br /> Leader to mWce such a charge. However,Lender may require Bocrower to pay a one•time charge fot an independent real
<br /> '• � estate tax reportIng service used by Lender in connecflon wlth this loan,unless applicuble law provides othetwlse. Unless an
<br /> r, �, ' agreement is made or appUcable law requires interest tu be paid,Lender shall not be rsquired to pay Borrower eny inter�st or
<br /> � f x8 4 eemiags on the Funds. Borrowcr and I.ender may Agrce ia wrItiag,however,that lnterest shall be paid on the Funds. I.ender
<br /> ''-�k�r�~�''�. shall give to Borrower,wIthout charge,an annual accoundng of the Funds,showIng credits aad debits to the Funds and the
<br /> ,����;��;`.,� �"�':�� pucpo s e f o r w h i c h e a c h d e b i t t o t h e F u n d s w a s m a d e. T h e F t�n d s a r e p l e dg e d a s a d d i d o n a l s e c u r lty f o r a l l s u m s s e c u r e d by
<br /> .. �, ihis Sccur3ty fASirumcai.
<br /> • ' '� "r�" If the Funds held by Lender exceed the amounts permitted to be held by applicable law,Lender shall account to
<br /> '"`` '�+��1��`r��� Horrower for die excess Funds in accordance wIth the requlrements of appll�ab:e Is�. If 1he amount of the Ftutds held by
<br /> '�''•`' � '�+':,:: Lender at any time is not sufficient to pay the Escrow Items when due.Lender mpy so not�fy Borrower in wridng.end,in
<br /> � � ��'rt� �1�= ' such case Bocrower shall pay to I.ender the amount necessary to make up the deficiency. Borcower shall make up the
<br /> � i�;:��,'��<•�;�7.::: �
<br /> ' .�;�«.. ;.;r .�- defictency in no more than twelve monthly payments,nt Lender's sole discredon. ��-..
<br /> �5.�`��;�.;�: _;,;.;' Upon paymeat in full of all sums secured by this Security Instcument,Lender shall prompdy refund to Borrower any �,��;�;;'
<br /> .,r�;,s:_.:�:w�,�, �nds held by Lender. If,under paragraph 21.Lender shell acquire or sell the Properry. Lender,prior to the acquisitfon or
<br /> ���;Yi,ti�.,�,t. ,-� sale of the Property,shall apply any Funds held by Lender at the time of acquisiHon or sale as a credit against the sums
<br /> , � , secumd by this Securlty Instr�ment. `"
<br /> + ,;.,3,��,,,,_.,_:,..,:,,.,- 3. Applicatton oi Poymenta. Unless applicable law provldes otherwise, aU payments received by Lender under �"`�
<br /> x ��,t,: .•�� .•r--•. paragrnphs 1 and 2 shaU be applfed:first,to any ptepayment charges due undor the Note;second,to amounts payable under
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<br /> �: �t' : y Rx paregraph 2;third.to interest due;fourth.to principa!due;and lest,to eny late charges due uader the Note.
<br /> �•.: 4. Charges; Ltens. Sorrower shnU pay all taxes, assessments,charges, fines and impositions aaributab�e to the '..
<br /> ' •��;�;,,,,�...,� Property which may uttaia priority over this Security Insuumen�and leasehold payments or�round rents.if any. Borrowcr
<br /> �,�,,,�.; shall pay theso obligations in the manner provided In paragraph 2.or if not paid!n that manner.Borrower shall pay them on
<br /> '' ^ ;.--�. , tlme direcdy ro the person owed payment. Borrower shall promptly fumish to Lender all nodces of amounts to ise paid under
<br /> 'i "�����`--'�'�r;� Wis paragraph. If Borrower makes�hese pay�reents direcdy.Barrower shall pramptly furnlsh to Lender receipts ev{denciag
<br /> "�`�" ' the PaYments.
<br /> ":t; •:: ..' .. Bornnwer shall promptly discharge any lien whIch has ptIority over this Security Instrument wiless Bortower.(a)agees
<br /> �';" �' � In wriNng to the payme►it of the obligadon secured by the lien in a ma.aner acceptable to Lender,(b)contests fn good faith the
<br /> -j�.':'.�;� lien by,or defends agatnst enforcement of the lien in,le�al proceedin�s which in the Lender's opinion operAte to p�vent the
<br /> ,�,. �� ��; enforcemeat of the lien:or(c)secures from the holder of the I[en an a�rcement setisfactory to Lender subordinadn�the lien
<br /> to this 5ecurity Ins�umeaG If Lender determines that nny part of the Property is subject to a lien wh{ch may atutin priodry
<br /> �'` � over this Securlty Instrument,Lender may give Bocrower a notice idendfying the lien. Borrower shall satisfy the Gen or take
<br /> "'��• � one or more of the actioas set fonh above within 10 days of the�ivin�of noHce.
<br /> � N'� '• 5. Hezerd or ProFerty Insur�nce. Bormwer shall keep the improvements now existing a hereafter erected on the
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<br /> -�•; � . , PmpeRy insured aguinst loss by fire,ht�zards included within the tem�"extended coverage"and any other hazards,Including
<br /> `=� :;'_,;�,. ��,;,' tloods or flooding. for which I.ender requires tnsurence. This insurance shall be maintained in the amounts and for the
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