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<br /> TOGEY'HER�WITN all the improvemcnts now or heseafter erecsed on tho property.c+nd all�'�easert nt���j���s.e�nd .,
<br /> fixturcs �ow or hereafter a pnrt of the property. All crcplacementa w�d �ddlttorn shati also be oowetud by thir SxuNty�
<br /> Instrument.All of thc foregoing is ntferred to in thia Secudty IasuumGnt av tho"Prapenyr."
<br /> i 6QRROWER COY,$tVANTS thut Botrowei i9 tawhlity sell3od of fhe CsiAto h�Teby Cor►veyod end has the rlght Io gt�IM YM •
<br /> . eonvey tho Praperry and that the Properiy is unenq�mbened, exapt for encumbranees af rcoorcl. Bort�ower winrpnts and w311
<br /> defend genetaily thc tltle ta the Property ug�inst nll claims and dcmanda,subject to eny Rncumbrnaces of record.
<br /> THIS SECURITV WSTRUMENT combinas unifortn oavtnunta for naUonal usc and non-uniform covenants wtth limited
<br /> vuriadons by JurisdictIon to constituu u ut�ifarm secur�ty irtstniment covering neal property.
<br /> UIYIFORM COVENANTS.Bonower cind Lender wvenant and agree as follow�s:
<br /> l. ray,n�a ot t►�tnc��� a�a r�te�; Prepayment aad I.ate�Gharges. Bomnwer shali prompdy pay whca duc the
<br /> principal of and interest an the debt evidenced by the Note and any prepaymant ano�tate cha3ges due under the Note.
<br /> 2.�nds tor Taxes ead In�urju►ce. Subject to applecable law or to a written waiver by Lender. Borrower shall pay W
<br /> Lender on the duy monthly paymettta ore due under the Note,until the Note is paId In full.a snm("Funds")for:(a)yearly taxes
<br /> and assessmenu which may attain pdnrity over this SerurIty Instnimem as a lien on the Property;(b)ycarly le�sehold paymenta
<br /> ot ground nents on the Property.3f nny;(c)yearly hazatd or property insurance premiuma;(d)yearly flood insurance premfums.
<br /> If any;(e) yearDy mortgage insurunce premium�s. If any;and(fl atry sums payable by Borrower to lxnder, in acc�rciartce with
<br /> the pmvisions af parag►aph 8.In lieu of the payment mf mortgage insucance pr�emtums.These items are callod"F.scrow Itema."
<br /> Lender may, at any time� collect und hold Funds in an amount not to exoerd the maximum amount a tertder for a federally
<br /> related mortgnge loan muy require for Bomnwer's escrow accoant under the federal Real Estate Settlement Prooedures Act of
<br /> i 1974 as sunended from dme to timc,•12 U.S.C.Sectjon 2601 et seq. ("RFSPA").wiless another!aw that applles to the Fwxi.v
<br /> sds a lesser amount. If so. L,ender mny� at any time. rnllect and hold Funds in an amount rtot to eaceed the lesser smwunt.
<br /> I.ender may estimate the amount of Funds due on the basis of current data end reasonable estlmates of expendltuzes of future
<br /> Bscrow Items or othecwise in uccordance with applicable law.
<br /> The Funds shull be held in an institutIon whoso deposl�s ctre insuc�ed by a federal ugency. instrutnentallry, or entity
<br /> (including I.ender.if Lender is such an jnstitution)or jn any Federal Home Loan Hank. Lender shall apply the Funds to pay the
<br /> Escrow Itert�s.Lender may not charge Borrower for holding and applying the Funds.armually analyzing the escrow account.or
<br /> verifyfng the Escrnw Items,unless Lender pays Borrower interest on the Funds and applicable law permits Lender to make such
<br /> a charge.However.Lender muy reyuire Borrower to pay a one-time cliarge for un indapendent eral estate tax reportfing service
<br /> used by Lender in connection with this loan. unless applIcuble law provides otherwise. Unless an agreement is mude or
<br /> sipplicnble law requires interest to be paid.Lender shall not be required to pay Borrower any interest or eamings on the Funds.
<br /> Borrowsr and Lender mAy agree in wdtin�. however. that interest shall be paid on the Funds. Ixnder shall give to Borrower.
<br /> without charge�an unnw�! ac�countin�of the Funds,showing credits and debits to tha Funds und the purpose for which each —
<br /> debit ro the Fund�was made..The Funds are pled�ed as udditional secur�ry for ail sums secured by this Secudty Instrument.
<br /> If the Funds held by Lender exceed the umounu permitted to be held by applicable tuw.Lender shall account to Borrower
<br /> for the excess Funds in uccocdance with the requirements of applicable luw. If the amount of the Funds held by Leiider at any
<br /> t�me is not sufficient to pay the Escrow Items when due,Lender may so notify Bormwer in wrlting,and. in such case Borcower �-
<br /> shalt pay to Lender the amount necxssary to make up the defici�ncy. Borrower shall make up the deficiency in no more then `
<br /> twclve monthly paymenu,at Lender's sole discretion. `_
<br /> Upon payment in full of all sums st:cured by this Securiry instrument, L.ender shall promptly refund to i3onower any
<br /> Funds held by I.ender. If, under p�ragraph 2l,Lender shall acquire or sell the P�openy.Lender,prior to tha ncquisitton or snle �:_�
<br /> of die Propetty,shall apply uny Funds held by L.ender nt the time of acquisition or sale as a credit aguinst the sums secut+c�by ---
<br /> this Secudty lnstrument. _ '
<br /> 3.AppUcatio�of Payments. Untess applicable�aw provides otherwise.ult payments rc��cived by Lender under paragraphs =�-
<br /> I and 2 shull be npplied:first,to any prepayment char�es due under the Note; second, to umounts paynble under puragrz+ph 2; '_`�=
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<br /> third.to intecest due;founh,to principal due:and last, to any lute churges due under the Note.
<br /> 4.Charges; Liens.Borrower shpll pay all taxes, assessments,charges, fines und impositions attributuble to the Property
<br /> which���uy attain priortty over this Socurity instrurnent,and leasehold paymentc or gruund rents, if any. Burrower ahall puy :`_;
<br /> the�e obligations!n the manner provided in paragraph 2,ar if not paid in that manner.Borrower shall pay them on time directly
<br /> to the person owed payment. Borrower shal�pmmptly fumish to Lender all notices of amounts tu be paid under this parngraph. :
<br /> If Bonower makes these payments directly,Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br /> Bonower shal!promptly dischurge uny lien which has priority over this Security Instrument unless Borrower:(a)agrees in �
<br /> writing to the payment of the oblfgation secured by the lien in u manner acceptable to Lender;(b)contests in good fuith the lien
<br /> by, or defends agninst enforcement of the lien in, leg�l prmec�ciings which in the I.end�r's opinion operate to prevent the
<br /> enfurcement of the lien; ar(c)secures from the holder of the lien an a�rcement satisfactory to L.ender subordinutin�the Iten to
<br /> this Security Instntment. if Lcnder determines that any part of the Properry is subject tn u lien which may attain priority over , ,
<br /> this Security Instrument. Lender may give Borrower u notice identifying the Iien. sorrawer shsill sutisfy thc licn ur take one or
<br /> more of the actlons set forth above w(thin 10 days of the giving of n�tice.
<br /> Form 3028 9190 .,
<br /> Peg02 of 8
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