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<br /> ':• �: .° �� `f `• . '�dGE7'HQt�VITH all the' mvemenLs now or hereaft�r etect�on the P17�PilIO�t
<br /> < ��;� ;- �. �. '� t�p ProgertY,aad sill ts,appartenances,aud
<br /> ` ' °" fixtures now ar he�eaRer a of,the
<br /> ' ' " ' P!� P�P�rtY•.� �P1ac�ements aAd additions.sha1T also be caveied hy this Sesuriiy..
<br /> :' �',�'.'��� '.`.'� Instrnmcnt.All of tfle foregaing iG refermd to in thjs Security Insaument as the"ProPert3+-°
<br /> ��:��-'` ' `• ..°�:' BORR¢WER�COVENANTS'that Bamnwer is lawfull seised of the estate hereb ounv ed a�d haS the n t to �
<br /> -`4.5: '-L'.;er,'. � Y Y eY �$� �t8tlde
<br /> ����'�... :; :; i.,:,��� cottvey the Pmperty and that ti�e Property is unens�mbered,�except fot enwmb:aaces of record. Borrowrer warrants and wpl . .
<br /> 'r;. -;° ��. �r: - : defend generally the dde to the Property against all claims aa�dem�ads..snbject to any encumbrances of moord. '
<br /> -�� • •�+•� : THIS SECiJRiTY INS7'RUMENT cosn6ines uniform covenants for naational�ueazul non-uniform covenants with iimited
<br /> -=_ °-� � variations by j 'un`dscCson to sonsietutc a nnifoim security iashzsme�cavering real property. .
<br /> . .�y;';:�.�`�°`�-'; UNI�ORM COVEI3ANFS.Bnrinwer and Lender coveaant attd agree as follows: . .
<br /> .' VE
<br /> ,,;`y`:��,�,._�: l. Faymeni ot Prinsipal�d Interesl; PtePagment aIId Late C6a�ges. Barnawer shall PromFUY FaY virben due the
<br /> -"_,��.-�.���
<br /> , �nurspal.nf Fu_!d_iqrerestan�e debt euidenced by the Npte r�n�any prena_y�t a+s�3 L+�.th�»�dn.°���P:c�c:=� _-- .._ . ___-_
<br /> _ ---- ---.,- -•... �
<br /> .j`�:-:�•���-f: ' Z.Faads for Tases and rm�asuce.3nb'ect to .
<br /> : ; ,� . 1 aPP�cable law ar to�writien waiver.by I.ender,Bormwer shall pay�to
<br /> :;.�:.;....:: r�`�: ' . E.ender on the daq iaonthlY PaY+�uLs sie dae nnder tiie Nate,wtil the Note is paid in full;a sam("Funds")for.(a)Y�Y�
<br /> -;f� �.. . :�=• and assessueuts wiuch may auain priarity aver this Spcurity Insp-��as a lien on the ProPer�Y;(b)Yearly Ieasehold paymeats.
<br /> _-._ ;.�.:.
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<br /> -�W���.�•;; ..� or geound zents aa the property,if any;(c)Year1Y hazard or pr+op.erty insu�aace pzemiums;ca�y�iy ttooa insv:anc��rem�ums,
<br /> '-";'','�":«-':'�•.�.'�',�a �aaY:(e)Y�lY Fn��ge insuraace p2emiuips,if any:and(fl anY sams PaYable by Borrower[o Lender,in accos'daace with
<br /> ..--.�,.,.,.;�._-_.� "' p�y' ' p �P P Y BaSe uuurartce prem�uans.l�ese items are caIted"Fsctow•Items.°
<br /> �.j. -••.a;,�rr , the �sons of ara h 8,in lieu of the a meni of mort
<br /> .�='�`-�----Y'"•- � . L�dbr may,$i suy tir�,caAact aIId hofd Far�ds in an amawit not tts e�ceed tlie maximum amount a i�Qr for a federall �
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<br /> -=-:Fs;ra�;;� related un� e loan ma y
<br /> �_: :.�,_ � Y�luire for Bormwer's esccorr accaunt under the fedeial Iteat.Estate S�tIe�ent Proc�ues Act of.
<br /> ,`��n^=.,''r'="��'��.; 1974 as amended ham time w time, 12 U.S.G Section 2601 d seq-(°RF�pA°);unless a�mther taw that ap�'�s.to t�e Fi�ads
<br /> '.'t T.3_
<br /> , . : �,`:�.:,':; , sets a tesser amount. If so, Lender may,at any time.coi�ect and ftold Pnnds in an amount aot to exceed�lesser amount. �
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<br /> r�1;,, �� .. 1.ender may estimate the amount of Funds due on t6e basis pf currcai data aiud a�onable es6mates of e�,rr��ures of fut�re ,�
<br /> - , . _....Escnnwltemsoraiherwise�inacoondancewit6 ' ----- .------�------- -
<br /> �i3 �F ,.s��`' appucabi�#atv:--.._._..__.....-----._....:..�:::-----.__... .---�---__---...---�; �
<br /> ""��';��� --.-- The Funds ahall 6e h�id in an ' . 'wtion whose d osits a�:;.*:nsUred b a federal ty, or entity _
<br /> 4 ♦'� x:trit�t!s � � }I 8FB.1��. inctnm�±4 fLali
<br /> -_f�r--;���°: (including€�e�ter.if L,ender is such an.i�".`�udon)or in any Fedesag�sne Loan Bank.Leader�.�aPpIY t�ie�unds W pay tt�e �.
<br /> �`f� Escrow Iteans:i,endes ma aot c �
<br /> -`��`,-,�° . -��� Y �e�a�dwer'for holding artd appfying the Fands,anrJaally s�zing t&e e�CCOCV atc�ntu►t.or �
<br /> '= �. '
<br /> __ ^� ,,Y:�: " . verifying the,Escrow Itc�ns;imiess L�td�r pays Bor;awer interest on the.Fnnds aad agplicable laiv perrnits�er to make sucb
<br /> _-„f�.,�.,,_,,•. . a charge.However.I,ender�may require Eo�rower to pxy a one-dme charge for a�my,�epehdent rea!estate'rat:rzporEing serv3ce . .
<br /> .''"°r � used 6y Lender In conn�on with this,l�2n, unIess applicable !aw_provides.ca'�erwise. Unle"ss aa agreenaenE is mad�.�.r `,_
<br /> f-i t'� fy(
<br /> _--�:�.�.;�s�r;�. appiicable taai'u�quires interest to be pa;d;�S�eader shall not be requiredt to pay�us�oR�er any inte�t or earnings on.th�FaetG`s.,•
<br /> -.s.,_..
<br /> - :-.-�;=;�,��� Borrower anrt;iT:eAder may�ree in writing.however,that interest shall 6e paid on�e gunds.I.ender shall g�r�fia 8oarower; _
<br /> � . without chargP; an annual acmunting of the Funds,showing credits and debits to 2�a Funds'aad the puspos��ar whlcb each ,
<br /> -_ '�•�,,z;�:�,��. debit to the Funds was made.The Funds are pledged as addiGonal security for all sums secured by this Secnriry Instrument.
<br /> ���� .� If the Funds held by Le�der exceed the amounts permitted to be heid by applicable law.Ier.der shail accawrt to Bo�t+nwer '
<br /> , ; i�:_� : t'or the excess Fuads iit accord�ae with the requirements of applicabte law.If the amount of the Funds held by Lender si any '
<br /> _....---_- ,time is Qot sufficient to pay the Escrow It�ms when due,I.ender•may so notify Eorrativet in writing,an�,in such ca�e Borrawzr .
<br /> .,,¢;����� shall pay to Lender the amount necessary to make up the deficiency. Barrower shall make up the deficieacy in no raore thaa
<br /> --- - twelve monUily payments,at Lender's sole discretfon. � �
<br /> ..--=�=�„�� � .
<br /> ____ - Upon payment in fuJl of al! sums secured by this Security Insqument, Lender shall prompily. c��'und to Eorrower any
<br /> -==_'-��� Funds hetd by Lender.If.under paragraph 21.L,ender shall acquire or sell the Pr�perty�Lender.prior to the acqu�sition or saie
<br /> _____ of We Propetiy.sAall appfyr amy Funds held by Leader at the time of acquisition ot sale as a credit against.the sums secured by
<br /> _r.__ tltis Security Instrument. . .
<br /> � � --- -_-�3,__A�c�t[oa�lPag�e�tclt���,_ .�-�=r..,,,. ovidcx aiherwis�;al#p�yat�nty tece�ved by� " -- hg-;
<br /> ----,-.-_:,—.= �P�'gb�p �
<br /> = 1 and 2 sba116e applied:first,to any ps¢payment charges due under the IKote:secor,d,to amounta payable under paragra�h 2;
<br /> . third.to interest due:fourth,.to principal due;aad last.ta aay late charges due.under the Nute. •
<br /> _�_ . 4..Chatiges;�:fens.Borrower shall pay all taxes,assessmenis,charges.fines and imposItIons attributable to the Progerty
<br /> ____ , whr.sli may aztain�priority over this Security Insuument, and leasehold payments or ground rents. if any. Borrower sha11 gay
<br /> __�. these oblip,�tions in the manner ptovided in paragrapf�2,or if noi paid in.that manner,�Borrowet shall pay them on time directlyr -
<br /> �""-=��'• to the person owed payment.Borrower shall prompUy furnish to Lender all notices of amounts to be paid undar this paragraph.
<br /> __ If Borrower makes these payments directly.Borrower shall pramptly farnish to Lender recei ts eviderrcia the • �
<br /> --- P g paYments:
<br /> _-�� Borrower sha11 pramptly discharge any lien which has priority ove:this Security Instniment unless Boaower:(a)ageea in
<br /> ______= . writing to the payment of the obligation secured by the lien in a manner acceptable to Lender;(b)contests in gaod faitb the llen
<br /> ___�,-.� by, os defends against enfa-cement of the liea in, teg�.� Qrocadings which in tRe Lender's opinion operate to prevent�the
<br /> _ _- . enforcement of the lien;or(c)secures from tha hotdef of the lien an agreement satisfactory to Lender subardinating the l;en to
<br /> _ -__�'°., �this�Security 1n�rument. If Lender detem�.�s that any part of the Progerty is subject to a lien whicb may attain prioriry�over
<br /> _- .,o��' this Security Instr�ment,lxnder may give Larrower a aotice identifying the lien.Borrower shall satisfy the lien or take one or
<br /> - _-_= more af the actions set forth above wIthin 10 days of the giving of notice.
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