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<br /> — T0t3EfHER WI'I'H aU the improvemenis aow or he:eafter.erc�ed an the . 8ad �men�. . �,:,,, _�
<br /> '. . appurtea�anoea.and�stuies now or hereafter a part of the progerty:AII replscements aud additions ebaU also be covered
<br /> — ;'��" : `,� �°:�`<�y°�.: _ by�his S�urity Iassrumen�All oi t�e foregoing�s referred to in tius Secluitq Iastcument as the°Progetty.° ,
<br /> -- �. :�..� �. BORROWSR COV�NANI'S tbat Barrower is lawfnlly�ed ot the e,state hereby coaveyed and ha�the right to ��
<br /> _`';', .; . - �' �L gtent sad coavey the Pr�serty aad that ths Propertq is uaeacumbered.escept for eacumbrances of secord.Borrower �''���.
<br /> -� . - . ararrsuts and�viU defend generally the title to th$Property agaainst eU olaims and demands,eabject to aay encwnbraaaes �',
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<br /> �';�F. , 'THIS SECtJR1TY INSTRUMENT combines w�iform coveneats for national use an.d nonvniform covenaats with � ..
<br />- . ' �`�'''�': ' limited varintions by jurisdictioa to constituteo uaiforin s�c�irity instrument cavering resl progerty. � �
<br /> ? - - -�.�IIF2R1�► �?Q[�BDI�.�FI'�H��wer��ef!�leF�ovenant and agree.as folla�s . _ • _
<br /> .v ' ':. .. ' -- 1.Paymerst of Prlacipsl a�d Interest;�Payment a�d Late C4zasges.Borro�ver sball promPUY PaY wheea due -
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<br />���.';,.:,..;_` .�`�,,,: the psiacigal of and interestoa thedebt evidenoed bp theI�iote aad anY P�PaYraent and Iatecharges due uader thsNote. ;�;
<br />=��.'�� 2.FnnBs tor Taxes aad Insuraac�Subiect to applicable law or to a written waiver by Leader.Barrower sball
<br />�•��� • , p�q to fi.eudet on the day moatblY Fa3►menffi are dus uader the Note,until t�e Note is paid in fu11,a sum(°Funds")far. ;��,:;
<br />_ ie)Yeatlp tages and ass�amenb wluch maq attain priority over this Security Instivment as a lien o�a t�e Pmp�rt9;(b) �'�
<br /> � ' � '.,.. pearly te,asehold gayments or ground reate oa t�Pmperty.if at�Y:(aI Yearly hazard or property insu�+zte premiu4as;
<br />- • ., • (d)Yearlg fluod inu�tr�ce ptemiums.if anY:(e�Yesslp mdrt�ge i�vseace Pr�miums,if eay:and(�j a�sums Papable , ,..
<br />- ,;;"; �: , . bp Honower to Lender.in accordaace vrith the provisions oi ParaSrapb 8.ia lieu o�the payment of mai�tgage iasurance ::"�
<br /> - � , . premiusne.These itsms are called'F�crow Items."Lettdes may.at auy tirae.wllect and�1d FuIIds in en amouni aot . ;�`_�
<br /> _ ° .. to esceed the��snum amaunt a lenJer fas a federally related mortgage laan may rec��ris�far Bosrawer's escmw �>°:
<br />- .. `,� acoount u�der the federal Real Eetate Settlement Pror,edurea Act of 1974 as asnended frand time ta,tir�e� 12 U.S.G
<br />-" _���;,�:,� Section 2d01 et seq.("RFSPA°j.unle�another law that appliea to ffie Fundssets a lessei�amaw�t.If�,..I.ender aasy, t�°
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<br /> ` � h � � .._....--at-aaytime--wllect-and�oldFuada.ia.anaaiountaottnesc�edth�le�r.amtQlu��..L.�nder.may.estimst$ti�esmuunt r
<br />_�,�� , ,. --- Funds due oa the basis of c�urent data a�,d reasoaable estimn�s of eapeaditurea of firture lE.�iow Items or otherwisa�.----� �;r f
<br /> _- ,. °:'"�"�� ' accorda.ncewithapplicabletaw. � . �•�
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<br /> T The Fuads sha11 be held ia an institution whosa deposits are insured by a fer2eral egeucy,instrdmentaL'ty,or entity" . ` �
<br />�'���;;;=,;:,,.� Gnclualing Lender.if I.euder is such aa it�stitution)or�m aay Federal Home I�Baak.I.ettder sball apgly the Fuads w --=_::;-
<br /> . .�� pay the-Fsc�+ow Items.Lender may aut charge Bonower for hotdiag.aad.a,��.sbe Funds.sn�auatty.anatyzing the . �"�;
<br /> f � ' escrow accauat�or verifyiAg the Escrow Iteme.unle�Lender pays Borsvwer iat�rest osa t�e Fusids end agplicable Iaw _-
<br /> ',�_"_�� _ �� ��'`,`'�.��._ . . pern�its I.ender to make such a charge:Ha�vever,Lender map ie�quire Borrower w g�3'.a one-time cbasge for aa =_
<br /> `-"�.. ��'� .' ' indepeadent real estate tes reporting sernce used by Lender in connection with thas Idan,ualesa applicable law pravides =-_-
<br /> �' "' otherwise.UaZess an a eat is�made or a licnble.Ia�►t+equires iater�t to be paid;�der shall nat be required to _
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<br /> �, .. ��' ' pap$orrower erry intereat or earniags on tha Fimd�Borrower�and Lender maq agrea ia writiag,however,that iaterest _ -__
<br /> :: . � � ` shatl be paid on the Funda Lender sLall give to Ba:�-rower;without cbarge.aa annual eccountiag o4 t�&�ads�shas�iag
<br />-�* . � credits and debita w the Funds and the�turpose for.�vhich�ch dobit w tb.e Funda was ffiade.The F�:s aie pled�as --_.
<br /> '"r"• - �� ..�: bythisSecanitpIastrumea�.
<br /> --- ' � ; ,-• _ . sdditional se�urity ior a11 sums secured " ,
<br /> �'i::��"' '�•- �'':'` If the Funds held by Lender esoead the amouate permitted to be�held by applicable��„�der shaU acco�nt to
<br />;�,�_,.,_; . .�arrower for the eacesa Funda in accordance wit��-t�requirenaents oi applicable law.If t�e amoir;¢�.Q the Funds keld
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<br /> 2�;�.;;%";;'•.�.'� ._:_.:','' by I.ender at as�y tune is not su��ient W pay t�e�Ccrow Items when due.�.ender may so natify Barsower in writing.
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<br /> .�r...�, � .. and,in s�sch case Borrower sha11 pay to Lender the amount nece�ary to maks up the�ciency.Bosrower m
<br />`�`,:':`:`� �.; '.`'� u tha de4icrc�c�in no tnore thaa tweh-+e moathlY P89ments,at Lender's sole discretlon. �
<br />�:`,�.��-,: ,; ..;�.��"�r�Y: p ppoA PaYment ia full of all sums secured by this Security Instrumea�Lendc3r sbaU pros:iptlq refund to Borrower
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<br /> �;.,��,�:_�F:�ti: . ` eay Funda held by I.ender. If.imder Paragagh��1. Lender ebaU acquire or sell the Pro�rtp. I.�de�', Pnor_to the
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<br /> _ ---�,.�;.�,....��= acv_uis�tion.or sale of t�e Propert9,ehail aT,�1Y sa,9 Fuads held by Leader at the time of acquisidon or sate a�a cmdit _ -_
<br /> -- --.�' e�ainst tho suma s�cused bq tbis-SeaurltY Iastruia�n�: -- - --- - - —- _ -• - �
<br /> --_--�":� 3: Applicativa of�Paymente.Ualess applicable law provides otherwisa,all payrn�nts received by LeAder under
<br /> ' '�'� . P�B�Pbs.f.and 2 shall ba applied:fi:st.to aaY PrePayment charges due under tha Nots;secoad.to maounta payab3a
<br />-��, �� uuder.paragraph.Z:third.m intsrest du�tourth,to priacipal due;and lest.w any late charges due under the Nota
<br />�:.;5°--�-. • 4. C�arges: Liens. Borrower shall pay all teses,a�meats.charges.iines and impositions amlbutmbla to the .
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<br /> Yroperay w#uch may attair�priority over ttus Security lnstrument,ead leasehold payments or ground rents�if aay. _
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<br /> •,r�f�' _ ry1 Hnrrower shall paq th�e obligatians ia the maaaer provided in paragraph$or ii not paid in that.manaer,Bamower . �
<br /> �.:Y��:.:�' sha11 pay tAem on time directly to the persoa owed paymen�Borrowes ahall promptly furnish to Leader sU aotices oi
<br />- `n' �f� amounts to be paid under thie paragraph.If Bonower makes these gayments d�rectly.Bcrrower ehal]promptly f�n�nieD
<br /> x���(�' . `, , to Leader receipta ev�dencing the tsayments. �
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<br />=�_,::�, :,?„ i Bonower eha11 promptly discharge er�y lien which h�s priority over t�5ecurity InsWmeat ualess Bornnwer:(a)
<br />_:�p����,��•� sgrees in writia�to the gayment og the obligation secured by the lieA in e r.�.��er ac�eptable to I.ender;(b)cont�ia
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<br />� �,�. .�.�;5,: .,,,.,,.., good faith the lien by.or deYends againat eaforcemant of the lieu in,legal ptoceedin�w1ncL in the Lender's opinion
<br /> �F, ,p e t;, operets to prevent the enforcement of the lien;or(c)secures from the holder of the lien aa agroament satisYactor9 to
<br />_�� �`�,:.'.,��.�"' .Leadet s�:�m:,�dinatin the lien to this Security Instrurnen�1f L�:d�'determiaes that aay part of the Progerty is subjece
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<br /> :zt,,. : �: ` �::;����. to a lien wluich may attain priotity over this Secusity 1nsW�eat�Lendet s�ey�;ive Borrower a notics identifying the
<br /> - ''��':�'•� : ��� '��' � lien.Borrower shall satisfy tha lien or t�tca oae a�3 mare of tha actions sea�aath abova within 10 dayg of the giviag of �_.
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