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<br /> TCI(i['s'Y'liF+.K Wi`fH all tfle i�i�f�ruv�mtnte now�nr hercnRcr cn:ctcd on�ha�ropciY�j,uAd�e��su�lm�i►�.�nPaReaance.r, .
<br /> an�D fixtuee�+ now or hercaRcr u part uf thc property. A11 icnloctnients nnd addlt�ans she�11 nlno bc a►vcri:d by Ihie Secuclty
<br /> tnstrument. Ail oC the foregoing��rcfsrred lo in diia Secudty Instrument as the"14rapecty.”
<br /> BORRaWER COVP.EVANT3 that Honrowcr is�lawCuliy seisrd of the estute hereby wnvcycd and haa the r�ght to gcant
<br /> aad convey the PropertY end t6►at the I�roperty i�u���►cuu��iad,cxccpt far cncumbrwx:r:s r,F:rrorcb R�wcr w�,�i��•
<br /> wjU defead generalfy the t3tle to the PropeRy e,gainat eIl r,laims And demunds,suLject w any encumbran�cs of�ord:
<br /> THIS S�CUItiTY INSTRUMEN7' cnmbin�s uniform covenants far nadon�l use and non•unifunm covenantv with
<br /> limited vtviadona by jurIsdicttan to consdtute n uniform securlty insuument covering real property.
<br /> UNIFpRM COVSNANTS. Bonower and Lender covenant and agree as follows: When due the
<br /> 1. Haytateat of Prindpal and Interesti�AAY�ent atxd Late C6arges. �orrowcr s3�a1!pminpdy pay
<br /> principal of and interest on tho debt evtdenced by the Note and any prepaymeat aad iate cberges due under the Note.
<br /> x. F�u�de tor�hxes aad Insnrance. Subject W applicable law or w a written waiver by Lender,�orrower shall pay to
<br /> Lender on the day monthly payments aze due under the Nate.until the Note is pzii3ln full,a sum("Fuads")for.(a)yearly
<br /> ta�ces and assessmeAts whlch may attain priority over this Security Insuument as a Hen oa the Property;(b)yearlY l�asehold
<br /> paymenis or grouad tents on the Property. if eay: (c) Yearly hazard or propercy insurence pretaiams: (d) yeatly flood
<br /> insuranc,e prea�iums. �f any:(e) Yearly mortgage iasurance premiums. if enyc aad(�er►Y sums Payable by Borrc,wer to
<br /> Lender.in accordaace wttb the pravlsions of paragraph 8,in lieu of the payment of mortgage iasurance premiums• 'I�ese
<br /> �tems are Galled"g,scsow Items." Lender may,at any cime,collect and hold Pl�nds in an amount aot w exceed the maximum
<br /> emount a lender for a federally related mortgage loan may require for Borrower's escrow a�xaunt under the federal Real
<br /> Estate Settletnent Procecl�res Act of 1974 as amended from dcne to tlme.t2 U.S.C.§2601 et seq. ("RESPA"),unless another
<br /> law that npplies t�the Funds sets a lesser amaun� If so.Leader may.at aay tirae.collect and bold P�nde in an emo�nt not to
<br /> exceed the lesser amouaG L.ender diay esdmate the amount of Punds dae on the basis of current data aud eeasonahte
<br /> esttmates of expendltures of future Esciuw Items or otherwi�e In accordance with applicable law.
<br /> The F5u►ds sbail be held in aa instltution whose deposiu are insured by a federal agency.instrumentaUty.or endty
<br /> � (Iacluding Len@er,if Lender is such an iastitudon)or in any Federal Home Loan Bank. Lender shall apply the Funds to pay
<br /> �•,n; th�Fscrow Items. Lender may not charge Borrower for holding nnd applying the Fuads. annually aaatyzing the escmw'
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<br /> ��-'• account,or verifying the Bscrow Items. ualesa Lender pays Horrower Interest on the Fands and applicable taw pe ts
<br /> '�� Lender to make such a charge. However. I.ender may requite Bottower to pay a ane-timme charge for an independent real
<br /> estate tax repordn$servlce used by Lender in connecdon with thts loan.unless appGenble law provides oth�erwtse. Unless an
<br /> �5� ugeement is made or applicable law requires interest to be paid L.ender shall not be tequlred to pay Born�wec any interest or
<br /> earafngs on the Fiwds. Borrower und L.ender may agree in wrlting,however.that Interest shall be paid on the Funds. I.ender
<br /> ��'.�:j._ shall give to Horrower,without charge,an annual accoundng uf the�Lads,showing credits and debits to the Flutds and the
<br /> puqwse for which each debit to the FUnds wes made. The Funds are pledged as add[tional securiry for all sums secumd by
<br /> this Stcuritg iastiuuuten�
<br /> ':* If the Ftinds held by Lender exceed the amounts permicced to be held by applicable law,Lender shaU account to
<br /> ,;tr, � ;,�� Bomywer for the excess Funds in accordance wlth the t+equiremeats of applicable law. If the amount of We�nda held by
<br /> •,�?;'. Lender at any time is not suft3cient to pay the Escrow Ttems when due,L.ender may so notify Bomower in writing.and,In
<br /> � �}�,�g* such case Borrower shall pay to I.ender the amaunt necessary to mnke up the defeciency. Bocrower shaU muke up the
<br /> `�,c+� deficiency in no mor�e than twelve monthly payments,at L.ender's sole dlscretion.
<br /> •�i�•r '�;�i�:cira..
<br /> Upon payment ia full of ali sums secured by this Security Insuumen4 L.ender shell promptly refund to Borrower any
<br /> Funds held by Lender. If.under paragraph 21.Lender shall ucquic�e or ull the Property.Lender.prior to the acquisition or
<br /> sale of the Property.shall npply any F1mds held by Lender at the time of acquisitlon or sale as a cmdit against the sums
<br /> "= secuned by this SecurIry Instrument.
<br /> 3. Appitcatlon of Payments. Unless applicnble law provides othenvise, ull pnyments received by L,ender under "
<br /> pamguphs 1 end 2 shull be applied:first,co uny prepnyment chitrges due under the Nate;second,to amounts payable under ,
<br /> pamgcaph 2;third to interest due;fourth,to principal due;und lust,to any late chnrges duc under the Note. `.,r
<br /> 4. Charges; 4iena Barrower shnll pay ull taxes, avsessments, charges. fines and impositi�ns nttrIbutable to the
<br /> Property which mny attain prlority over this Sec u r lty Insuument,an d leusehold pu yment�or g mund t+ents.if any. Horrower >:=•�,
<br /> shell pny these obUgutions in the manner provided In paray'aph 2.or if not paid in that manner,Borrower shall pay them on .
<br /> tiipe d3recdy to the person owed pnyment Borrower shaU promptly fumish ta Lender all notIces of amounts to be paid under _:
<br /> thls pumgeaph. If Bomower makes these payments direcUy.Borrower shsill prompdy fumjsh to Lender�eceipts evidencing ��
<br /> �� ..�,+. the payments.
<br /> Borrower shall ptompdy dIscharge any lien whIch has prlority over this Secudry Instrument unIess Bonrower.(a)agrees ;;�'
<br /> '� �� in writtng to the payment of the ohligation secured by the lien in a manner acceptable to Lender,(b)conrests in good fnith the
<br /> lten by.or dcfends ngainst enforcemeat of the Ilen ln,legnl procet�tn6s which In the Lender's opinion opernte W prevent the
<br /> enfoncemeat of the lien;or(c)secure�from the holder of the Uen an agreement satlsfactory to Leader subordinadng the IIen
<br /> .L:��<_:�. w this Security InstYUment If Lender detem�ines that any part of the Property is subject to a lien which may attain priodty
<br /> �,rx., over this Secur[ty Instromen�L.ender may�ive Borrower a notice Identifyln�the I{en. Borrower shaU satisfy the 1{en�r take '.
<br /> ?"�'�;�7 one or mors of We acdons set fonh above wltWn 10 days of the giving of notice.
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<br /> � '' '' S. He�ard or Property Iostu'ance. Iiorrower shall keEp the improvements now exisdng or hereaRer erected ou the �� .
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<br /> ��,;�:?'�" Hope�ty insured against Ioss by fire,hazacds lacluded within the tern►"extended wvemge"and any other hazards,including
<br /> ,� ;� floods or flooding. for whtch Lender requires insurance. This inaurance shall be maintnined in the amounts and far the
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