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<br /> ' TOCiEfiHER�YITH all the iropmve�rrenLa naw or henaf�ter CroctM an the property.tv� all easemente.appun�anan��.o�sd
<br /> fiatu�rs now or hereaiter n purs af thc propecty. All ceplxemtnna arKl additiuny Fhalt ulr,u be coveral by thlc Secudty �
<br /> Imtrumeat.AI!of tha foregoing is refercad to in thia Secusity Iiutrument r�thc"Fropeny."
<br /> BORROWER COVEiNANTS that Borrowcr is lawfully scfsed of the estnte her�l+y Conv�yed end hn�the rlgl�t to gran�ud ,
<br /> convey thc P�mperty and that tl�e Prnperty is unen�wnbecod,except far encumbrAnces of rocvr�l. Oujsuwet w�cr�:�x��l w:lt • -
<br /> defcnd generully the tide to the Prope�cy agdnst all c1aEm4 and denwnds.subJa�t to any encum�kr�n�YS of rocord.
<br /> THIS SECURITY INSTRUMENT combines uniform cavenantg fur iw�tionat us,o suxf non•uniform covenants with timt[od
<br /> vaiiations by jurisdIctiun to conatitute a uniform socurIty insuument a�vering re�l pmp�riy. '
<br /> l'lNIFORM COWENANTS. Borrower wtd i.eirdcr covenent und agrec av followa:
<br /> 1. P�yraent nf Princigal end �nte�est; Prep�ymatt am! I.Ate Chxrge�+. Bnaower shalt prompt9y pxy whert due the
<br /> princtpal of and Intcrest on the debt cvidenc�ed by the Note and any prepayment and latc chargcs Jue u�ler tl�e Note.
<br /> Z.Ftinilv for Taxes and Imurance.Subject tc�applicable laur ur to n rvritten waiver by l.ender.Borrower stull piy to
<br /> Lcnder on the dny monthly payments are due under the Note.untit the IYoto is paid In fu11.a sum("Funds")far:(a)yeariy taxes
<br /> sind assessmeats v+hich may nttuin prlorlty over this Security Instrument as u Iten on the Prapetty;(b)yeurly leasehotd payments
<br /> or ground rents on the Property,If any:(c)Yeurly haTrrd or Pmperty Insurznce premittms:(d)Yaul y flood tnsurance premiwns.
<br /> jf any:(e)Yeatiy reortgage insurnnce pn'miums.lf any: sud(�s�nY swas paya6le by Borrower to Lender.in accordance with
<br /> the pmvisions of para�tph t3, in lieu of the payment of mortguge tnsurence premiums.These itema nre called"Escrow Ikms.'
<br /> Lender may, at any ame. coltect And hold Fsutds in an araouat not to exceod the cnaximurn amount a lender fos a federally ,
<br /> relatsd mortgage lvan may require far Bamower's escrow eccount under the toderal Reai Estate Settlement:'rooadutes Act of
<br /> 1974 as�rr►ended imm time ta time. IZ U.S.C.Section 2�01 et seq. ("RESPA").unless another Inw thnt uppDies to the Funds
<br /> seu u lesser amount. If so. I.eader may. at any time.collect and hold Funds in an amouat not W eaceed the lesser sunount.
<br /> L.ender may�t�mite the amount of Funds due on the basls af current data and reasoazbA�estims►.tes of expendihues of future
<br /> Escrow Items ar oiherwise in accocdance wtch a�licable law.
<br /> The Funds shall be held in an inst�tution whose deposits nre imsured by A federal �gency,���tiumentality,or�nary
<br /> (including Lender,if Lender is such an instituUon)or In any Federal Home Loan fsank.Irnder shall apply dte Fun�cls to pay the
<br /> Escrow Items.L.ender may aot char�e Barrower for holdi�and applyins the Funds.a�ally ansilyzing the escmvr asoount.or
<br /> verifying the Exrow Items,unless Lender pays Borrower irn;erest on the Funds and apgfica6le law permits L.ender to make such
<br /> �c}�e,. Hnwever,l.end�r may require Borrower to pay a ane-time ctesr��for an independent real estate tex reporting service
<br /> used by Lender in connecdon with this loan, unless applicabl� law pra�ides othenvise. Unless..� agreement'fa made or
<br /> upplicable law requires interest tu be paid.I.�ndet shall not R�e required to pay Borrower ttny laterest or eamiags on the Funds.
<br /> Borrower nnd Lender may n$ree an writing, howover.that interest shall be paid on the Funds. L.ender shall�ive to Borrower.
<br /> without churge. un annuul acccaunting of the Funds.showing credjts and debits to the Funds s�nd the purpose for whlch euch
<br /> debit to the Funds was mude.The Funds are pledged as additional secudty for ell sun�secum,�i by this Secudty Instrument.
<br /> If the Furtds held by l.ender exceed the amounts permitted to be held by applicabte law. Lender shall account to Borrower
<br /> for the excess Funds in uccordance with the�+equirements of appltcable law. If the amount of the Funds held by L.�nder nt any
<br /> time is not sufficicnt to pay the Escm�v Items when due. I.ender muy so notify Eorrower in writing,und,in such case Bc>rrower _
<br /> shall pay to Lender the amaunt necessary ta make up the defictency. Borcower shall malce up the deficiency in no more than
<br /> twelve monthly payments,ut Lender's sole discretion.
<br /> Upon paytuent in fuU of all sums secured by this Security Instrument, Lender sh�li promptly refund to Borrower any
<br /> Funds held by Lender. If.under pamgraph 21.L.ender shall ucquire or sell the Property, Lender.prior to the acquisidon or sale
<br /> of the Properry. shali apply uny Funds hcld by[.ender at the tim�of ucquis{tion or sate as a credit against the sums securod by --
<br /> this Secudty Instrument. _
<br /> 3.Applicatiun of Payments.Unless applicable law provides othenvise.nll puyments receiveil by Lender under paragrapha .
<br /> t und 2 shall be upplied: first,to Any prepayment chur�es due under the Note: second.to arnounts�yable under paragraph 2: _
<br /> third.to interest due;fourth,to principal due;and lust.to any late chnrges due under the Note. �=
<br /> 4.Churges:I.1ens. Horrower shall pay ull taxes,:issessments,charges. fines nnd imp�sitions attributable ta thc Proporty �._
<br /> which may uttnin priority over this Security Instrument.and leasehold payments or�round mnts,If any. Borrower shall puy _
<br /> these obligntions in the munner provided in paragrnph 2. or if not patd in_tltat manner.Borrower shall pay them on time direcdy i=�
<br /> to the person owed puyment. Sorrower shull prompt�y fum�sh to l.ender ali notices of umounts to be paid under this paragraph.
<br /> If Borrower mukc�these payments directly.Borrower shall promptly furnish to Lender receipts evidencing the payrr�ent�. �_
<br /> om tl dischau e:u� lien which has riorit•over this Securit instNment unless Borrower. (a)agees In �1'�-`
<br /> Borrower shnll pr p y 6 Y P r Y
<br /> writing to the payment of the obligation secured by the lien in a manner acceptuble to i.ender;(b)contests in good faith the lien =
<br /> by, or defends aguinst enforcerttent of the Iien in. legal proceec�ings which in the Lemier's opinion opernte to prevent tlte -
<br /> enfarcemens of che lien;or(c)secures from the holder of the lien an agreement sutisfactory to Lender subordirutting the lien to
<br /> this 5ecuriry Instrument. If Lender detemziney t�at any pan oF the Propeety is subject tu a 1 ien which muy uttuin priority over
<br /> this Security Instrument,Lender may give Boirower a natice identifying the lien. Borrowzr sh�ill sutisfy the lien or take one or
<br /> more of the actions set turth�bove within (0 days of thc giving of notice.
<br /> Fann 9028 8I$a
<br /> Pop7 2 ot 0
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