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<br /> �:r'��ti. � 9�' nna ml casem«►te, �cenanccs,ana �- �,
<br /> ..�-:��;,n;'�� . 'in(iSTHBR WITH all tho lmprovemerts aow or heceafter erectad nn the property. W�P , .�
<br />.t�,;.°?;,:;. . : findues notv or hest,�+StPY e part of�oprope�ty.All repis�ce�nents and oddiilons shall nlso bo covercd by this Socurlry Inewmen� ��.
<br /> ���n�a�- A!1 of tha faregoing is referred to in t�ia Sacurity lastrument av the"Propezty:' -
<br /> - .,�.::, ��J_.
<br />'�`��"_.•" BORROWHR COVBNANTS that Borrower is lawfully seised of tha�smto hereby conveyed and lia�tha dght t�geant anA •
<br />-.;���', �nvay the Ptope�ty end that the Propeity !s unencumbered,wcccpt for encumbrances of s+ecord.Borrower warrants aud will � :
<br /> defend generally the t[Qe to tha Propeny sgainst ell clairas end detnands�subjxt w any cncwnbrances of record.
<br />-"'�"'•'"""'" THIS SBCURTTY INSTRUMSNI'cembiaes unifortn covea�ants for t�etional use and non-unifomn covenentg wlth ll�niteJ
<br />_..__:. .. •a:�:.i vadadons by jurtsdicdon to constlmtea unifomi seciulty iast�ument coveting real propetty. � :-;
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<br />'-y,si�;�=�s• UNIFORM CQVBNAN'I5.Borrower and Lender ooveaant and egree es followa ,•�.�
<br /> ,,_ •'" � 1.P�yment o?1'rincipai itnd Interesti�payment And Late C6Argas. Boirower shaU pron►PtiY PAY when due the �-
<br />������,- ' p�lndpat of end iaterat on the debt ev[denced by the Note and anY P�Ymeat aad late charges due under the Note. ° -
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<br />�?,, '","' 2.Funds for Taxes and Ios�nce. Subject to appllcabls lav�or to a writfen aaiver by LEader.Bosower ahall pay w
<br /> �;:�'��� I.euder on the day monthly payments ane due under the Note,unW the Note is paid in fn11�a sum("Fbnda")for:(a)yearly w�es --
<br /> -„v��`s�� and assessnaenta wi�ich may etlaiu prlority ova tbis Seauiry Inst�ument as a Iien on the Property;N)Y�ly leasehold payments =.-----
<br /> _`�=:"�"• insuranca premiuma;(d)Ye�rty t7ood instiraac;e premiums�if
<br /> ;°.-�-�.��� or gmund reats on Uie Ftope,-ty�If eny:t�3Y�Y��P�F�Y ��-_..
<br /> ;�_�ia:;�1! anY'(g)Y�IY mongage insurance pcen►iums,if any:and(�anY sums PaYable by Bormwer to I..eader,in accordance wlth the -
<br /> �- �,.ti 7bt�ioans �ca!!ed"E..�ow ItEsma" F,':n
<br /> ,k:��..,-'� pmovtsioas of pat�apb 8� in l�eu of the payment of mwrcgage insu�a�ias yr�mns•
<br />� � '`� L,eader may.at aay timo,collect and hold Fuads in aa amount aot w exc„�eed the maximum amount a lender foz a federally related
<br /> ... ���. ,
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<br />:_,L'��� '�� mo�age loan may requiro for Hoirowcx•s e�row axount under the fede�al Real Bstate Settle�aeat Pmced�ues Act of 1974 as -
<br /> amended fmm dme w time.12 U.S.C.Setoton 2601 et seq. C'�PA").anloss another law that applies to the Funds sets a le,gser
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<br /> _�,..Y� amoun�If so.Lender may.at any dmo,collect and hold Fands ia an amount not to e�cceed the levser amount Lender may W _
<br /> ,;._�;��� esdmate the anaount of Funds due on the basis of cunent data end reasonable esdmates of eapeadiwres of fuaue Bscrow Ite�na or `
<br /> ---_�� otbcawise in eccordanoe wUh tipplica6le law. �� -
<br /> -_�=;-:;;�,�,� The Funds shall be held in an insdwdon ahose deposIts are insured by a fe�eral ageacy.insuumental{ty.or eadty(including t'�°.-
<br /> "=�-:�;'��'� L�ndea�If I.ender is such en insriwdon)ar in any Federel Home Loan Bank.L,euder s8tall apply tlae PWnds w pay tho Bscrow
<br /> _ - It�+s.LEnder may nat�8otro�r for ls�kling and�gply�n�the Funda=ennually a�oalyzing the es�row accouat�or verEfyWg -
<br />��a' die�3sctow Items.ualess Lendar pays Homower inta�est on tha Funds and eppliceble law permits I,ea�der to malce such a charga. _
<br /> �''►`�=`. I�owaver, Lead�r may �require Hanower to pay a one-dme cbaage for an indepeadeat real eslate�x repor�►8 service used by _..,.
<br /> 'w-�,� Lended in connectton wIth this 2oau,unless appllcabla law provides otherwise.Ualess an agreemeat is made or applicable law
<br /> =°.��y-�..�::�. rcquires iatemst W be paid.Leader ehall not be requind w pay Bonower eny lntaest or eamings oa the Funds.Bormwu and
<br /> "--._�:`"'� Lender may agrce tn wrldag.however.that iatex�est shall b��aid on the Funds.Lraider sball give w Borrower.aNhout charge.an
<br /> '= annual accoundng of ihe Funda.showing credits and debits W the Funds and the piupose for whicb aach debit to the Fnnds wag
<br /> ----_- made.11ie F�nds are pledgod a9 sddldonai security for ail sums secura!by d�ia Sxruity Inst:umen�
<br />-_=---=a If the Fuads keld by Leader exaoed the amouats pecrnit�d to be held by appflcable law.L�►der stiail acoount L�Boaower fos
<br /> --�-� the excess Funds in axordanca wdt4 the requiremeAts of appllcahle 1aw.If ti�e amaunt of the Fiu►ds held by I.eader nt sny time is
<br /> ----- - not sufficieat to pay the Bscmw Items when due,Leader may so notiffy Bomower in writing.pnd.jn sueb case Boaowu sdatl paY
<br /> �_� to Leuder tt�se amount necessary to make np We defldenay.Bosower shall a�ake up the deflciency in no more than twelve
<br /> :. triOAf}IIY p8}�1CAt8.81I.CJlQfi'8 S018 d�SG[C1�011. g,,,.:
<br /> --- --- Upon WYment in fuli of t�U.sums secmred by this SecusIty Instr�ma�t,Leuder sheU promptly nfund to Bomawer any Funds --
<br /> --_..----.-- held by Leader.If�uader para�a�h 21,Lender shall acquire or sell the II'iapeaty.Lei►de�.Prlo:w the acquis(don or sal�s of the _
<br /> - PropertY. shall ePP1Y�Y�� held by Lender at the tinta of acquisidan or sale as a aedit egai�st the suma secured by this
<br /> Saauary In4aumen�
<br /> ---� �3.Agplicatlon of Paytnents. Unless applicable law pruvtdes otheiwlse,all PaY�►ents t+eceived by Lender under para�rapha
<br /> l and 2 s6a11 be applied first,to anY P�PaY�eat charges due undei the Nata;second.to smoanus{�nyable under pua�reiph 2; -
<br /> ---,�-� d�irQ,to Iniaest dn0.founh,m P�nncipal due;and lact,w any late charges due under du Note. --
<br /> -- --- 4.Chargesi��us. L'arcowcx shall�y aII raxes.essesslnent9.charEeR,�ines end lmpos[aons attrlbutable to tho Prope:ty _
<br />-._ -- which may atmin psloriry over this Secudty Instr�ment,and leasehold puyments or�ound rents�if any.Borrower shall pay these =_
<br /> _-�_�� ob�ns ln the manner pmvided in paragraph 2.or if not paid in that manner.Borrower sAall pay dxem on tUree direcdy to We i;;
<br /> ��� �ezson owed DaYment Borrower shall pcomptty fumish to Lender all notices of amounts w be paid under Wls pa�'a�aPh.1f
<br /> -,,.�-,�,� �orrower makes these�aymenta duecdy.Sorrower sl�all pmmptly furaish to I.ender rocei�ts evldencing the paymenta. _
<br /> ----_- "�-� Sotrow�shall promptly dischargo any lien which has prlorlty over this Socurity Insuument unless Ho:rower:(a)ag�ees in _ _
<br /> �;:�� wdWi8 w tha payment of the obligation secumd by the Uen in a ma�mer acceptable to LEader;(b)cont�ts in good fei@t the liea _.
<br /> � �;�_'� , by�or defends against ertforce.ment of the lieu in, 1e8a1 Pmc�din8$ which in the L�eudet's opinion ope�ate to prevent the �.-
<br /> ��; eafarcement of the lien:or(a)se�aues from the halder of the lien an a�eement s�isfecoory tc�Lender subardinadng the Hen to
<br /> �,�.�. � this Security Insaumen�If Leader det�rmirces that any part of the Propeny la subj0ct to a llen which may at�in priarity ovri this
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<br />--.' .. .. �..;� S e c u d t y In�trument,L e n d�may g lve B o r r o w e r a n o t i c e i d e n t i f y i n g t h e l i e n.B w m a e r s d a l l s e ti s f y t h e U e n o r t a k e o n a o r maro
<br /> •• ,. :. of the actions set forth above wlthL�10 days of the glving of notloe. � ,
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