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<br /> . 'PAG6TH�K WlTH ull the impruvenunts ni�w ur htru�Rer erected nn the pruperty,uud:dl curcmcnts,upp c �n es,und _
<br /> -- �•. .��� i"ixturc� nu►v c�n c�rcafter u purt �+f thc pruperty, Ali rcpluremcnts nnd addition� shull alsa hc «wcred by this Secu�ity �
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<br /> " � Inrtrumcnt.Ail��f thc G�rcg��fng i.rctcrrc�i tu 1n�his 5ccurity instrumc��t us thc"Propcny." �
<br />- '";.''' � IiUltliOWliR COV�NAN'tS thut Butruwcr Ia luwtully�ciycd uf thc cstutc hcreby convcycd nnd hus thc right tu grant und
<br /> �:' !�"�• canvcy tlu.Pruperty tuiJ thut the Prupeny is wteitcumbcred, cxcept far rncumbrames of record. Barrawer wnrruntx and will
<br /> ��_�1-��,,,�.�,j�y defend gci�crol ly tl�c titie to the Fru�x:rty ugul�tist atl Cluims and dem,mdv,rubJect t.�nny encumbrumes of recunl. �
<br />_—.,�,z, ' THIS SECURITY IN5TRUMBNT crnnbincs unifonn a�vcnants for nationul u+e wid non-unifurn�cuvenunts with limited —
<br /> _ � viiriutiems by ju�isJictiun ns canstitute u unifi�rm sccurity instcumcnt c�uvcring rcnl pn►}x:rty.
<br /> ""'°°'�"" UNIFORM COV E:NANTS. Bormwcr und l.cndcr covcnant und ugrcc u�c fnU�nrti:
<br /> --'�°"'' memt und I.nte Churger. &+reowcr shull pramptly pay when due the
<br /> • � i. Puyment oP Principul and Intcrestt Pre�uy
<br /> •L�t��� pdncipal utnnd intercst un the debt evidenced by the Note ur�i uny prepaYment u�zd lutc ihurges due under the Note.
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<br /> n�.s.�►� 2, �unds tur T�xe►und Iasurance.Subject tu upplfcnble law��r tu a�vriuen wuiver by l.ender, Borroa'er s a pay ro
<br />`--"` l.ender on the duy monthly payment�ure due undcr the Note,until the Note is paici in full,a sum("Furd.ti")for:(a)ycarly tuxes
<br /> ~��� und a�ses4ments which muy nttuin pr�ority over this Se�:urity Instrument us a lien un the Propcny;(b)ycurly leasehold paymeats
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<br /> gRw-°-=�■ or graund rcnts on the Pmperty.if any:(c1 yearly hau►rd ar property insurnnce premtums;(d)yeady floacl insurnnce premiums,
<br />.y'� �� if any;(e)yc.�uu�Y mortguge insurance premtum�,if:u�y:und(tl any sums payable by Burcower to Lender, in accorda�►cc wlth
<br /> -• - the p�ovisions af puragraph 8, jn lieu of the payment of mortgage insumnce prcmlums.These items arc culled "Fscmw Items.'
<br /> - �_,� L.ender may, at uny time, wllect and hold Funds in un amount not to exceed the maximum :imount u lender for a federully
<br /> _ �..Y,�a relnted moag:�ge tonm m�y mquire for Borrower's escrow account u�ider the federal P.eal E.gtate Setdem�nt Pmcedures Act of �
<br />--=-__�;;- 2g74 ec�mrnded from time tn titne. 12 U.S.C. Sectlon Z601 et sey. ("RESPA"),unless anoth�t law that applies to the Funds
<br />`�,,�":' sets a lesser amount. If so. Lertder may. u: uny time.rnllect and hold Nunds in an amount not to eaceed the lea�r anmunt. -_
<br /> -_--�� Lender may espmate thc amount of Funds due on the basis of current daUi and reasonable estimates of expenditures of future
<br />__---�� Escraw Items or otherwise in accordance with upplicable law.
<br /> � - The Funds sha➢1 be held in an institudon whase deposits are insured by u federal agency. lnstn�mentality, or entiry
<br />-"�'°"'�'�'� (including Lender.tf L.ender is such an institutivn)or in any Federal Home Loan aank.Lender shall apply the Funds to pay the _
<br />-��'�� Escrow Items. Lender may not charge Borrower for holding and applying the Funds.sinnw�ally annlyzin�the escrow account.or
<br />-�� —_� verifying the Escrow Items.unless Lender pays Bc►rrower tnterest on the Funds and npplicable law pemuts L.ender to make such
<br />� '^��� a charge. However,Lender may require Borrower to pay a one-tjme char�e for an independent re.�l estate tax reporting service
<br />__- ° used by I.ender in connecNon with this loan. unless appltcable luw provide5 otherwfse• Unless an a�c+cement is mede or
<br /> =f� �-� appltcable law requires interest to be patd,Lender shaii nd be�cyuir�i ta pay Eors'as�er�Y fn4er�st�r P;!*^in�a on the Funds. _
<br /> ------_- Borrower and Lender may ngree in wrlting. however.that interest shall be paid on the Funds. Lender shall give ta Borrower.
<br /> —=— without charge, an annua! accou�ting of the Furtds, showing credits and debtts to the Funds and the purpose!or whlch each
<br /> = debit ta the Funds was made.The Funds are pled�ed as additionai secudty far all sums secur�d by this Security Insuument.
<br /> - —= If the Funds held by Lender exceed the amounts pern�ttted to be hetd by applicable law.I.ender shull account to Borrower
<br /> � for the excess Funds ia accordance with the requirecuents of applicable law.If the amount of the Funds held by Lender at nny
<br /> time is not sufficient to pay the Bscraw Items when due.Lender may so nutify Horrower in writins.and.in such c�se Borrower
<br /> __ shall pay to L.ender the amount necessary to m3ke up the defcciency. Borrower shall make up the defi�jency in no more than
<br /> twetve manthly payments.at L,ender's sole discretion.
<br /> � Upon payment in full of ap sums secured by thls Security Instrument, Lender shalt prompdy refund to Borrowe�uny
<br /> Funds held by L,ender.If, under paragmph 21.I.ender shall acquire�r sell t�e Property,I.ender,piior to the ctcquisitlon or sele
<br /> of the Pmperty.shull npply uny Funds held by Lender at the time of acquisidon or sale as u credit ngainst the sun�s secaued bY
<br /> this Security lnstrument.
<br /> 3. Applieation of Payments.Unless applicable law provides otherwise,all payments received by I.ender under pacagraphs
<br /> -- 1 and 2 shall be applled: first. to any prepayment char�es due under the Note: second,to a�nounts payable under paragraph 2;
<br /> third,tc�interest due;fourtd,to pr[ncipal due;end last,to any late charges due under the Note.
<br /> 4. Charges;Lfeas. Borcower�hall pay ali t2uces,assessments, charges,fines u»d impositions attri6utablo to tlte Property
<br /> which may attain priodty over this Security Inauument.and leasehoid paymenu or ground rents.if any. Borrower shall pay
<br /> these olsligations in the mamter provided in paragraph 2. or if not paid i».that manner.Borrower shall pay them on time disectly
<br /> -�� to the persun owed payment. Borrower s[wll prumptly fumish ta I.cader ali notices of nmonnts to he paid under this para{traph.
<br /> ' -- If Borrower makes these payments directly. Borrower shall promptly furnish to Lender cereipts evidencing the payments.
<br /> Bprrower sball promptly dischurge any fien whieh hus prioriry over this Secudty Instcument urdess Bonower:(a)agrees in
<br /> ----- writin� to the payment of the obligatton secured by tl�e lien in a manner acceptable to Lettder: (b)contests in good faith the lten
<br /> - — _= by. or defendg agninst enforcement of the lien in. legul pr�xeedings which in the I.ender's opinion opernte to prevent the
<br /> ��; enforcement of the lien;or(c)secures fcom the hcilder of the lien en agrcement satisfaetory to Lender subordinating the lien to
<br /> �----- this Security Instmment. if Lender determines th�t uny part of the Property is subject to A lien which may attnin prioriry over
<br /> �= this Security Instrument. I.ender may bive Borrower a naice identifying the lien.Borrower shail sadsfy the lien or take one or
<br />;�'�'!;`'-�� more of the actions set forth Ubove within 10 days of the giving of nottce.
<br /> ='��-.tr�� Form 8028 8I80
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