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<br /> . �. �itures� notv ot he[eaft�r a gait o�th� gFQpett+j. Alt k�p?�c.�eziFS s��.�iditions,�fi ?�-w bs coxored 5y tb�,.�S�rity _ � , .
<br /> ' Insttumenr.,1�II cf;3ie�oregoi�g is referagd to in this S�cu�itY ic�st�e�«s tb.�."FtoPeraY•° .. , �:.. .' '` •
<br /> %F�G3ItkO'G�ER C��.rIl4�1'1`5�F:at Borroc��er is tav�t'ui4y sei�o€the.�state hereby oon�cyed atxt`has ti�e righ�to�tr3nt�,rnd �. �,.
<br /> �� - 'comdy thc B�rperty and t6at,td�'Froycrty is unecs�ucrc6ered,�epE gox eac�nri4�ri�ace�'af�rzcocd.,�oz�v�er v�arrants_�d wiai .
<br /> �defe�d.gonerally U�;tc ti�e tu the F�opraty egainst al�ctaims�d demanci4.s�:tr,jectgo any encumbr�o+`rr�nFd. , ;
<br /> 2 T�iI�SE�€JRFFY LN5'�RUMBNT�mbirss nniform ootena�u far nat�anai tu�and nQn-unifo�a c�venasits tvitfF•�im'stod�. ,
<br /> = wariatiasLS by j�is�istinn�to const�tute u uniform sEr.arity ir�strument covcring real prQ�rty. � , _
<br /> � � [fiVEFORM�OVENAI�'FS:QnFSawer and covenaa�and a�ree.as fot�ows:` . � ,
<br /> ' • l. Pa3�me�i af Pr�si and pnte�e'rs� �Ymeai and Erate Cltaeges.�Burtawes si�a�l prgmptlY paY,when dut�tJte �
<br /> -- . - �of�l;i�?�r�st an t1x de�i�id�_63+.the Note a��any grePaYi�ai an�Iate c�2rges due uader th�Note. ': .. : . . .
<br /> 'Z.�ads tor Taaes at�� Snbject tq applicabie lan or to a wri�teii"waiveP-by�des.?�orcowei shaU pay ta
<br /> L.e�der�on the dax inundily pay�ts are due ander�e Nate,nntil the Nnie is p�id ia fu11,a sum t°Fnnds°)fc3r:(a}ye�r ta�es .
<br /> and assessmenrs which may mana priuriry over.this Security,rn���t as a lien an tiie PmFertY:(b)Yearly leasehold payments '
<br /> ' or grou�d rents on the Properry,if any:(c)YearfY hazand dr�Sropeaty i�s�Pr�emiu�os:fd}yeafly fluod iBSUxaacz premiums.
<br /> if aay: (e)Ye�iY mortgage inc�*a�premiums,if any,aad(t)anY sums.�aYab2e.by Barmarer to Lender;ire accordaac�anth.• . .
<br /> ttte gravisums of garagraph 8.ia lien of the payu�ent af mortgage i�suxauce premiums.Tfiese items are caltcd"F..scrom Items." ..
<br /> 1�nder malr,su an}r rime+ooltect an+d hoid Funds in an amonnt noi W exceeat the ma*;,f,}�t+►anaoua4 a iender for.a f�eralIy �
<br /> . related n�ortga;e toan may req�for Bormwer's'escrow acoount under ti�fedeial Reai Estate�Seuiemeat Pmoedures Ad of �
<br /> � 1974 as amended from 6m�to rime, 12 U.S.C..Section 2bOt et seq. ("IaFSPA"),antess aricther iaw that applies to th;.Fua+�
<br /> .sqts a te�r amowit. If so, I,ender m�y.at asry cime,oollect an�hoid Fnnds iQ an amnnnt not to exceed the leser aznauat. • ----
<br /> �:L�cider may�e the moaannt of Funds d�e on the 6asis of aurent data,and reasonabie�of ex�dituies oF funue
<br /> -= Escro�Itecm&or otherwise ia acoorda.rtce with a�pplicable law...':1.:":,. ' , '
<br /> -- Tne�t.?i�::ds shal! be held in an iastitution whose depe�,`�te insurgd b}r a federal agency� in�nentaitt3►� aY en�itY �
<br />-� << ('�sludin�L:ttder,if Lender is such an institution)Qr..i��aY FeiTe�a!Home inan Bank:I.euder shall apply the F�mds to pay ihe
<br /> �;� `::Fsccow Items.Lender r�ay noi c6arge Bo�rower fe�'.'lu;'�"g�d a�PjY�S the Eunds.aannallY.�Y�S the e5cmv�t acoount.or _
<br />:'°-� �.'�'`;;,'verif�ring the Fscsow Itesns,untess Lender pays Earr�er interest on the Fu���nd applirable iaw permi��.ender to make such
<br /> --- ." a charge.However.Lender may ieguire Borrower tb�pay a pne�time charge"f��.�in¢ependent real esiaz'2ax reportang servic�
<br />.::,�y�—� �:� used by.Lender in cannection witb this laan, unless appGcable law provic�es othetwi��:�ilnless an ssgreement is'made or: . •—
<br /> ..; appticabte[aw ce�uires inte�+est w be paid,Lender shall aat he required to.p�yy.��4��'�`��or�eatnings on the Funds. �
<br />;,�,,�� ° :`' Horrowet aad Lender may agree in wridng,hovrever,that inte�st shalt be�id:,r.n�he'�'�ards. Lender shall give to Sorrower. .��'�'_
<br /> - • withoui charge,aa annual acxounting of the Funds,showing credits and debits to ti�e Funds and the purpose for whic,b each ����9��
<br /> �'` debit to the Funds was made.The Fands are ptedged as addiGoaal security far all sums sea�ed by this Securiey Insmrment. �i•��.�__.
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<br />--` ' if th�Funds heId Iry Lender axceed the amovnts permitted ta he hetd by applicable law.Lender shall acc,ou�t to Borruw�tr
<br />,,` for the cxce�s Funds in accordance wiW the requirements of applicabte law. If the amount of the Funds held by-Lender at a�y . ,
<br /> , �: time is not sufficient to pay the Fscraw Items�vhen due,L.ender may so notif;!.Borrower in wridng,and,in sucb pse Borrower -
<br /> �s9�all pay to Lender tte r�.mnnnt necessary to malc�:�.-�the deficiency.Borrcac-�shall make up the de&�cy in no more than
<br />:',;' tvietve monthlY Paymeucs,at Lender's sole discreaaa. . • . �,;:�;
<br /> _ � UPon PaYment in fiill of all sums secwed by this Securiry I�trumen� I.ender shail.promptiY tefund to Borrower any �.i;�
<br /> � ,� .,.
<br /> ;1� Funds held by Lender.If.under paragcaph 21.Lender shall acquire or se11 the Property.I%��r,prior to the acquisition or sale . :
<br /> � of the Property.shall apply any Funds held by I.ender at the time of acquisition or sale as a credit against the sums secured by _
<br />..�-� ttris Security I�stranrent. � ••� :
<br /> _ - 3.ApplEtx�tton of Pey�uents.Unless applicable Iaw provides otherwise.all paymenu receieed by Lender under para�aphs ,:w.�
<br /> I and 2 shall be applied:first,w any prepayment charges due under the Note;second.to amounts payable under paragraph 2: ;.: .,��
<br />=�'� tP�iM.to interest due:fourth.to priacipal due:and last.to any late chatges due under the Nate. .. ����
<br /> � onower shall a all taxes,assessments.charges:: fines and impositions amibutable to the Propzrty ,y;���_
<br /> _ = 4.Cha3ges;Lfeos.B Q y =
<br /> which may attain priority over this Seaxrity instrument, and ieasehold paym�t►u ar ground renu, if any. Borrower sha}t pay �-���
<br /> these obligations in the manner provided in paragraph 2,or if nat paid in that�,.anner.Borrower shaq pay them on time directly =,�"�,.��;�
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<br /> to the�person owed payment.Botrower shall promptly fumish to Lender all notices of amounu to be paid under this paragraph. -
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<br /> If Borrower�nakes these payments directly,Borrower shall promptly furnish to Lender nseipts evidencin�the payments. � � , �_
<br /> Eorrower shall pro m pd y dischar ge any lien which has priotity over this Security Instrument un2ess Borrower:(a)agrees in "��.--:,;,`
<br /> -..� ., .. ..,.....
<br /> � writing to the payment of the obligs►tion secured iir the lien in a manner accepta b le to L e n d er.(b)co n t e s t s i n g o a d f u i t h t h e l i e n : �y.• . • :,,_
<br /> by,or defe�ds against enforcement of the liea irz. le g a l proceedings whicti'Fn:the Lender's opinion operate to prevent the . ''r�►'�'�' 'r
<br /> ��� enforcement of the lien;or(c)secures from the holder of the lien an agreeanent satisfactvry to Lender subordinatiRg the lien to � _
<br /> ' this Security Instrument.If Lender determines that any part of the Properry is subject to a lien which may attain priority over . • ' �*-
<br />`�__� this Secvrity instrument,Lender may give Boaower a notioe identifying the lien.Borrower shall satisfy thc lien or take one or � . �. • �x�__
<br /> �� . morc of the aetions set forth above within 10 days of the givin�of notice. - � - °
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