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<br />-- � ' $Y}G6T7�I�R WPfI�afi the imgrovements now oz here�fter�ted oa t�e praperty,and elE ea�em,�ets.uBpunen�?no�s...� i_
<br /> � 'fexNres no�v ar h:reafter a gart af t&� �S:opeityr. Ail �eptgcement9 aad additinns sha}!�atso be�covera[.bg th�'Sceurity i
<br /> Instrum�n�.A!!oF the foic�ois�d is referrcci to�n this aecustty�nsuument as the"Ptoperty.° . . � —
<br /> ` �ORROW ER OA1���1AN1`S�hat Bosmaucr is law�'af Jy reised of ttie csmtC hcreby conveycd und has tke.rigt►t to�gr�n�f and` � ,. �
<br /> comcy�he Peapecty�cnd t�s.tlt«Property!s uagitcumbered.exoept.for cncumbrsu►ces uf r�onrd'. �orrower wamants and will -
<br /> dcFend gcnetnlly the tittE tn the Fropeny a�ainst al!elain�s and'demands.subject tcs any cncumbrences of r4canl. . .� �� —��
<br /> � '��lIS S�CtJRI'iY�INSe�?UMENT com�in�s unifor�tt cavertants for nation�!t►��nnd non-uniform covemnts uit1�liraited , .. -- -
<br /> vuriutions by jurisdiction to constitute�uni[orm�urit�►Instrument cuvering rea!prap:rty. � . • . -
<br /> UNI�ORM COVENA:�TS.Borrower amd Lender ooveaant and egree ctv foRows: • • __
<br /> 1. 1Payment uY Prtuctp�l aud IntertsM, Yrepaycnerit aut$i.cttc Charges. Eorrower shail,prampttY pay when due�the -- _-_=--------
<br /> , principal of und interesi an the debt evfidcncetl by the Note nnd any prep�ymerit aad late ccl�arges�ne uader the Note. � , ��_
<br /> . B. F't�t8�for'Taxs�s und Instiusiuce. Sub'ect ta u lic�6le taw or to a �vritten�vaiver b� Ler�er, �orrower shali a ta `'�-"�� -'—_
<br /> J PP v p Y , � °,f _
<br /> Lender an the day monthfy paytnents are'dae ander the Nate.�fmii the Note is paid in full.a sum(°Fands')for.(a}ye�atty tax�s �:�----_-�-�_�-`
<br /> attd stssessments�fiich may att3in ori over this$ecurit Instni�nent as e tien on the Pro rty:(b}y�t te�.sehald uyrt�ts • ��'°��
<br /> Pn tY Y Pe Y P ��„ �_�_�.
<br /> or ground rents en the Prq�eety.if any:(c)Yearly hazatd or pm�tty iasuraace premiums:(d)Yearty flood inswartce premiu�s, . �.;;�-�
<br /> if 3qY;(e?Yearty iuortga�e insuranoe premiums,if any:and(fl any sums payabte by�nrrower to lxnder.in aocordaac�viith _'3'`-�"'"_---`"�—°-�-'
<br /> �.� ��-r-_
<br /> the provisions df pa�agraph 8.9n lieu of the payment of mort;age fnsurance premiums.These items are raited°Fscrnw Items." � _ '__"-
<br /> � �_�
<br /> . Lerder may, at any time.collect aztc�hold Funds in an amount not to exceed the maaimum amount a tender for a federalty �-----�-•'��-�=
<br /> �elated mortgage toan atay require for Bpnnwer's escraw axoune un�ter t�e federal Real Fstata Seulemt�nt Procedures Act of �y�=�=��_�-__-
<br /> 1974 as amended from time to dme. 12 U.S.C.Sect:on 2601 et seq.(°�tESPA°?.unless another taw that applies to the Funds ����-;���,-
<br /> sets a Iesser amount.If so. Lendee ms ,at an time.coliect and hold Fuads in an amount not to exceed We lesser aniaunt. ;�;T'��
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<br />- L,e�uler may�stimate the amount of Funds due on the bssis of current data and reasouable estimates of expend�tura of futtue °y: :4=�-=__-
<br /> Fscraw Items or otherwise in acoordance with licable taw.• � -• '°��;�.-:�,:
<br /> . aPP -_ u.r.,,-�-----
<br /> zhe Funds shall be held iu an institution whose degosiu are insu�by a federal agency. insuumentality, or entity -''�:�,,.,�:
<br /> ` (iECiuding Leitder,if I.ender is stuh an insutution)or in aay Federa!Hotrte Loafl Bank.Lender shall appIy the Funds to psy the � :`°:;��`g���__-
<br /> -. - �._
<br /> � Fscrow items.i.ender may not charge Borrower for ho3�ing and applying the Funds.annually analyzing the escmw accoum,or � •�, �:� �_:��._�,----
<br /> �., r ' . .�. �.
<br /> _..___..___xerifying the_Fsc�osx Ite�us,.un(ess__l..�nder�pays Borrower interest on the Furtds and applicable ta�v�emuu Leader to make such -. °•;`:� , �.—
<br />_ a charge.However.I.ender may require Borrower to pay a one-dme charge for an iadependent real estate iax reporting service �� � ` ��-
<br />- used by Lender in wrmection with this loan, unless applicable law pmvides othenvise. Unless an agreemcnt is made ar � _ ..7��
<br /> applicable�aw requires interest to be paid,Leader shall aot be required to pay Borcawer any interest or eaznings on the Funds. . �
<br />_ 2cs•:.
<br />- 8orrower and Le[tder may agree in writing.howecer,that interesi shall de paid on the Funds. Leader shall give to Borrower. _i ,x��
<br /> - without charge.ar►annual pccaunting of the Funds: showing credits-and debits-to the Fw�ds arnd the,pucpose-for which each � . � - ; -—
<br /> debit to the Funds was made.The Funds are pledged as additional security for all sums secured by this Security Insmunent. '`.: ��;;. ��_
<br /> If the Funds held by Lender exceed the amounts permiued to be heid by applicable la�v.Lender shall accawu to Borrawer �� �� ��
<br /> , for the excess Furtds in acoordance with the requirements of applicable law. If the amount of the Funds held b�Leader ai a�+ :.y�:,�'
<br /> time is not suffcient to pay the Esc�+qw Items when due.Lender may so notify 8orrower in wriring,and.in sach case Borrawer � • �:-
<br /> �,-' . :
<br /> shall pay to i.ender the amouat�ieo:ssary to make ap the deficiency.Borrower shaU make up tlie deficiency in ao more t6an ' :�;�;�.� �
<br /> tareive monthly paqments,at Lender s sole discretion. ��: `•
<br /> Upon payment in full of all sums secured by this Security Instrument.Lender shall promptly refuad to Boiracver any � �
<br /> Funds held by LerMer.If,uader paragraph 21.Lender shali acquire or sell the Property.Lende:,prior to the aoquisition os sate ��.
<br /> of the Property.shalt apply any Functs hetd by Lender at the time of acquisition or sale as a rredit against the sums secured by . . `y"��
<br /> this Securiry Instrument. . �-�.
<br /> 3.Ap�qtIan ot Psiycnents.Unless applirable taw provides otherwise.all payments received by Leader under patagraphs ' f�".
<br /> 1 and 2 shaU be applied:first,to any prepayment charges due under the Note;second,to amounts payable undet paragraph 2; ��
<br /> third,to intcrest due;fourth.to priacipal due:and last,to any late chatges due under the Nute. � � •�-:<<:�..�:r
<br /> 4.Chuzgc�; Uens.Borratver shall pay all tanes,assessments.charges. fines and imposition,e attributable to the Propertgr � .,
<br /> which may attain prioriry over this Security Instruraent, and leasehold payments or ground renu, if any. 8orrower shall pay � :' ''
<br /> these obligations in the m�nner provided in paragraph 2,or if not paid in that mvsner.Borrower shall pay them on time directty • . •• t•=3�� .-• ' .
<br /> to the on owed nt.Borrower shall om tl fumish to Lender all aotioes af amounts to be a�d under this t�. i ' "'"'�":
<br /> P� P3Y� Pf P Y P � P���D �'
<br /> If$orrower makes thcse Fayments directiy.Borrawer shall promptly furnish to Lender reteipts evidencing the payments. '. �:�;,':'.=.'
<br /> Borrower shali promptly discharge any lien which has prioriry over this Securiry Instrument unless Borsotver:(a)agre+zs in .. ,. ••�
<br /> writing to the payment of the obligation secured iry the lien in a manner acceptable to Lender.(b)contests in good faith the lien ' • '�
<br /> by, or defends against enforcement of the lien in, legal procee�iings �vhich in the Ixnder's opinion operate to prevent the . • .
<br /> enforcement of the lien:or(c)sccures from the holder of the lien an agreement satisfactory to l.ender subordinaring the lien to . � �
<br /> this Secuiiry Iaswment. If Le�er deternrines that uny part of the Property is subject to a lien which may attain prinrity over • '
<br /> this Securiry lasttument,Lender may�ive Borrower a notice identifying the,lien. Borrower sliall satisfy the lien or tat�e one or ' . .
<br /> more of the actions set forth above+vithin 10 days of the giving of notice. .
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