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<br /> :� �. ;: �TOtiE'I�t WTfH ell the im�ovemeptts aflw or heieafter�cted.on the pm�rty.and all eas�m2nts.a�pu�t�uaz�c�• ��- -- --
<br /> * aad f�aow or herrafter a patt of ttce propenY• All replaceme�s aud additians shall nlso 6e cover�d t�y this SQCUtitq -- -- _
<br /> � �` :`;5 - .. , ' Instmraent. All of the fsuegoing is refeaed w ia this 5ecurity Iastrament as th°•"PraP�Y-°` _
<br /> �' �fi� `, f;°:`� �ORitO�'�IEIt C01iENANTS Ehat Botrovret•is iawfulIy seissd of the estaf�her2by comeyed and has 8�right tm g,�ant - _----_-
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<br />���.::, . ` . , �s uileac�mbeaed.exeept for e�umbrances of recara. Boirow�r e�at[aut�and. . _
<br />-:r;.=._`�«, ,:"'V,r�. and caavey tt�e Pcoperty and tha3 the Pra�y' all c3aiaus anQ demaads.su8ject w any�cumbrances of re�ord. .
<br /> . , ,,.' w�l defend gea�ratly th�tide to�e PeopertY aSainst � ___—_-- .
<br /> ``' ` • THIS SE�'.t,1t1TY IIJSTRUNNIENN't oombines imifmm covenaars f�nadanal use 3nd �oa�naifoim cavenants with . -_ _
<br /> '� � . '� limited vaiiatia�ns b3t jurisdiar�aa to constitute a ubifoYm�riry isstrament cavsing reai pr�aperty: . ' -- -
<br /> ` UN�ORM CQVENA1�Pis. Bomower and Len�er sovenant and ag�as fol2ows: �I�due ths = ---_
<br /> ' ����t��a�g�,��Ym�t a�i:a;e C�a�s. Soaovrer shai3�tgtty P� _ ---
<br /> .._ . ` priaciFal of mmd intene.�t on the de6t evidenced by ihe Note aad a�y piepaymenl aad late chasges'due uadzr the,�o?e. . ,
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<br />:.:�: , • . '.o � �. F�lor't�se4 an�Ynsuraa� Sub3ect w a�plicable law or to a wnttrn wriver Qy Leuder.Smi�awer shall PaY co
<br />`R�'� �" 2 " ,.-�..,• Ixnder oa the day enontIily payments ue due under the Not��the Nate is pai8 in f�,a sum("Fimds")for.(a3 Y�9
<br /> :•�. - . .�' ta�s and assessments whicL may suaw paaiity over this Secmit}►Iast�eut es a Ii�a aa the Pr�eRy;(b)ye�arlY teaseho2d .
<br /> .; < •.•• . msar�uce, Vremi�Qts:C�Y�Y fl� -
<br /> .=::-�:. : PaY�nts or groumd rents on t� FmPe�tY• if at►y: (c)Year1Y har.�d ar pmg�erty � Ie b �orrawer to '
<br /> ti . ` insuianse��ms.�any:(e) Year1Y mortga8��Premi�ms+if amY+anfl(fl aaY s�s Pa3rab Y, .
<br />;��-:-i`�:,.:.. �,. r.
<br /> insu as
<br /> ;,�. ., . '!- . Lender,ia eceondanse cvitb the visions of b 8.m ti�of the payment of acortgage iasnranse psemmms. Th�s�
<br /> " �'�� items ate called"Escrow Itema"�I.euder may,at an�y b'me,coliect and hold I�mds in an amount aot to exceed die m3xi�n - `'
<br /> �:. ':f'` '` ` • ama�a tender for a fedeaally related mortgage Ioan may cequue for Bormweris esc�avv�ecmmt imder the fedeaa]�a1.'
<br /> ����5'� :. • g.state SettlemenF Pcacedtues Act of 1�X14 as am�nded fm�time to time,l2 US.C.�2601 et se�q.("RFSPA°?,anless aao'ther ,
<br /> � law tbat applies to the Fuads sets a less�r amoant if so,Y�uder may.at any tim�couect and ttold Faads in aa a�onat ao�to •
<br /> �;.,. • � data and
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<br /> . �•,s�.��•� exceed the lesser amount. L.eader may estimate the amonnt af Fands due on the basis of emzent ceasvnable
<br /> � t,�%� es�aates of expenditiues of fuaue Esccow Items or ath�rarise in accardanoe with applica62e[aw.
<br />.�.':==' , ��� .•.�'�'.
<br /> �.' •. : '. 'i�e Fvnds sha}l i:�held'm an institauon whose deposits aie insu� bg a fedeaal ageacy.insunmentaMY,ar entitY
<br /> �..,::'_; ' ' ('sncl¢dmg Leader.if Lender is suc6 an instioution)or ia any Fedetal Home i.oan Bank. Lender sha11 a?PI}►the Fimds to gay
<br /> �._:,,.:< :;':.�,�:"..`�� the Escrow Items. �.eader tn�Y not ct�ge Boima�ea ffirr hotdiag and applying tbe Fmids.annually ataatyzin8 the es�a�v
<br /> .,,,,..,. . . accoim�ar verifying the Fscrow Items,ualess Lea��Pays Borrower intemst�on the Fimds aad appHcabte law pe�'niEs
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<br /> - ' ' ' Leader to ma�sacb a charge. Nowever,I.ender may require Bo�rowea to pay a one-time cdar�e for an ind�eadeaY r�3
<br /> � estate tax ieponing se�vice►ued by Lender in caffieaian arith tliis toan,tmless applicab2e Iaw pravid$s otb�sa+ise• Unless aa
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<br /> ,'�,r;..%' .• ' age�eement is made or applicable law reqnaes intEtieyt tv be paid.I.euder sball noi be ceqaired to pay Bormc�er any inierest ar
<br /> `'"��'� .� � eamings on the Fimds. Baaower and Lender may agrr�in a+r►t�ng.hnwever.that intetesc shall be paid oa the F�s. Lender
<br /> '::•�<trY,•:' r. • �g�ve to Bomuwer,w;st;flut charge,an annuat accouatiag of the P�mds.sho�vi�g cr�dits a.gd debits ta the Fr�:ds aad the.`
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<br /> . ' ','f•�`�� Pu�'Pose for wbic6 each debit to the Fur,.�s was made. The Funds a;e pledged as 3dditiom�l secuilty for all svms s�isy �_
<br /> ' :-,• . ..,,.... .
<br /> • ` 'f ..t�;';y,• this Seauiry Iw-traime�. licable law,I.ender shall accaumt an
<br /> , � •t,..'., . � If the Punds held by I.e�der exc�:the amounts petmiued c,n be held by�app
<br /> '- �Q;;�:,z�. ' ' .
<br /> .�<�;s�,,. � •�Bormwer for the excess Fimds in acoarl:aace with t�reqnirzments of a�plicahte law. If the.�mmt of the F:ads hel�lsy
<br /> ''�.�E�.", �.
<br /> ' '� .. Y.ender at an}►time is not s�ffieient to pay the FscacT;�Tzems when due,lxader may so norif�r BouoNec in Q�ag.aaa.in
<br /> :-�•,;�-�- . . �such case Bormwer sha]I paY to I.ender the amor.�:u,�essary w make up the deficieacy. Bomnwer s1�14 r,�alt+e up dte _ _
<br /> � , deftciency in no more than twelve monthlY Paymeats.at I.euder's sa�Q disc�etioa _�_=
<br /> " ' UP�FaY��t in fuU af all sums secured by this Security[aser�zaent,Lender shall promptly refimd to Boirower ang . - _-
<br /> ".;:'.�_,�.;'� ".' � , Fuuds held by Lender. If.under paragrapb Zl,Lender shall acquise or sell the Property.Leader.Pnar W the acs�nsitian ar ---
<br /> ' .;,;;;��;f:`t'' ' � sale of the PropertY.s�aII:aPPiY�Y Funds held by Leader at the time of acqu3sidon oz sale as a cmdit against the sumLS ��'_
<br /> , '`�;"•�i;�r;'` . . : • . secured by this S�y�ument .
<br /> .,.�"�{';',�� ��.�'u,. 3. Appiicattaa cJl�'apmeats. Unless applicable law prnvides otheiwise.all payments received by Lender uader
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<br /> ` � U. " :sf:,if Paragraphs 1 and.2 shall be applied:frrt.to any prepayment char�rs due anQer the Note:second,w ar�wnats payable uuder . ;.,r•_-
<br /> �, � � . , paragiaph 2;t6ird,to interest due:foa�t''a,to principal due:and last to any tate charges due under the Note. � �J�=
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<br /> � 4. Chaiges;Liens. BorroAer s�all pay all taaes.assessment9.charges. fines and imposidons awibutable to the ,a�
<br /> a gc.
<br /> 8coperty ahtcb may auain p�iosity over t h is Secaris;'L�strwnen t,an d l e a s e h o l d p a y m e n t s o r g round nau,if an y. Horrawer ��
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