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<br /> 'POOBTHBR WiTH aU the Lnp�ovemutta now or hensaR�x cractod on the property�and ell ea5emcnts�ApPiutenAnce��and �°
<br /> _ __ fivaues now or hereatter a purt of�he property.All repler.en►enta end eddttions ahall also be covcred by thi�Sxurlry Inswmen�
<br /> .`~a:._. :. : All of the faegoing Is nfe�rod to in thia Socurity Inswm�nt as tho"Prc►pe�tY•° ��-
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<br /> �. .��. BORROWBIt COVSNAIVTS tdat Botrower is lawfuUy�eiacd of tho esuta hueby convayed and hag the rlght to pant and --
<br /> ._.. � conv�y the Propeny and thet the ProPeltY is unencumberod�except for Encumbrences of r000rd.Borrowu warrants and wW ,-
<br /> -1�,-�--�"-� defaid gcneiaUy the dde to the P[opaty agalnst ell elsims and deaa�nds.subjoct to aay encumbrances oi rxarQ �
<br />.:�aiR'�"� TI�IIS SECUttITX INS1RUIV�NT combinas�niform covenanta for nattonal use and non•uniform coveneats wlth limltod '
<br /> �-�; - ,� vadaHans by jurisdicdon to c�nsdwu a unifom�exuritY�s�m�t c�verlag real properqr. ��;�_
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<br />_---�',--' - U'rli�Ri�i�BVfiilt�i�i'S.S�wci auu L�anicr covcaaac and epproe as to�Iows:
<br /> - �''� , i.Payment ot Prtnslpnl aad Interesti PrepaYment�nd l.Ate C6ugee. Harmwu shatl promFtiY PaY when dun the =_
<br /> :.�- ..�,;N�- P r i n c i p a i of end int�eact on I�a debt evFd�+-tced Iry tho Nata sad aay pregayaeeuf snd laie cbar�es d�te under the NoYa r- .
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<br /> ,=,��. 2.Funds tor Taxea and Inauraaa. Subjax w applic�ble law or to a wrIuen waivra by L a r da.Bomnwa s h e l l pay t o _
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<br /> �,�`',.�-!a� L�eadei on tho day monthlY PaYtr►ents ere due under tbe Note.unW du Nou ia paid in full.a sum("Funds")Por:(e)Yearly taxes
<br />���� and asssssmeata which may aitain prlorltY over this Securtry Insuument a4 a l�en on the Propaty:N)Y e a r ly l e a s e h o l d paym e u t a
<br />�%�� or goeynd reata on dte Properiy�if anyr,(c)Yearly ha�d or ptapertY ins�ranca praniucus;(d)Yeatly tlood insnc�nce premiums�lf `
<br /> :���" et�y;<e)Year1Y monBASe iasu�ance premiums.if any:and(�ai►Y$ums PaY�le by Boirower w Lettder.in a000idanoe wlth d►o
<br />-�+..•a�,� � Pr�vLs�ns of paragcaPh 8.ln lleu of tha payineat of mortgage iasnraace praniwns.lhesa lums are c�Ued "Bsemw Items."
<br /> . Lemder may�at any 8ma collect and hold Funds in an amount noi w exooed the maaimam a�aount a t�ndec fa a federelly nlatod
<br />�`;°"`"��` moRgage ioea may requiro for Borrower's escrow eceount under the foderal Reai Bstata Seukmeat piooedures Act of 1974 a9
<br />=-.:,_.rt�:�, amGxlad fmm tims to dme.12 U.S.C.SCCIIOA Z6O1 Et S6Q. CRESPA'��unless another law that applles to Ws Funds aets a lessa
<br /> ;-;-���� emount.�f so.Leader maY.az eny dme.wllect and hold Funds in an amount aot w exceed the lesser amoua� Leacia may
<br /> ��==° �, esdmate tha eaaoant of Pru►ds due on the ba�is of curreat data and reasonable esdmates df eap�ndiwres of fumne Bscrow Itdns or
<br />`�`?�`�• od�eswise in acwNaace with applicable law.
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<br /> TTt��e Fimds sdalt be held in an insdwdon whose deposits sro insured by a fedael ageacy�insaumen�litY�or a►HtY(��8
<br />_:��_,� Leudcr�if Lendei ia such an instimtion) ar iu any Fcdual Home Troaa Bank.Leada ahaII epply the Fl�ads o�pay the Bsarow
<br /> -- �ff.Le�may nnt c6arge Bormwet far holdinB end applying d►e Funds,mtwually analyr3ng ttte esaow acooua�or valfyin8 P
<br />_��:�''�� tha E�crow Items�unless Leader pays Borrowa intaest on the Funds and applical+lo law pa�nits Lu�der w mei�e s�ch a ch�ga
<br /> "`.`-"'"=-�.'s� Howevrr.Lendu may require Baarawer to pay a ono-dme c,harBe for an iadepeadeat real es�ta mz repaNng suvlce usod by
<br /> .;�;�`'-��--- Leader in aonnxdon aIth this loan.unless appliceble 1aw prevldes othciwlse.Unkss an a�eunent ia made or epplicabb law
<br />-'-��'��' Bormwu an interest or eamings on the Funds.Boerowa and
<br /> '°s,�a' ' requ�res inta�est to be paid.Lender shall nat be tequf�ed to pay Y
<br />=-=��s�:'i� L�da may agroe in wddng�howaver.t6et interast shell be paid on the Fands.Leader sdalt g[ve w B�rowa.vrithomt ct�arg0.an
<br /> -�-�-� annnsl aocountin�8 of tbe Fuads�showing cxe�its and dci�ita w the Funds and the putpase for wliicb aac6 debit m the Funds wa4
<br /> --� � mde.'Itie Funds aro pkdged as addittonal eocuritY for all suma secured by Wis SacurltY Iasteu�ment
<br /> � If the Funds tReld by Leader exceod the amounts pe�niroed w be held by appllcable law�Laider shall eowuat to Botrowes fa
<br /> ._-��.. �- tbe n�ccess Funds in ac�rda�xx a►Ith tho requiruneats of applicable law.If the amouat of die Funds held by Leada at any�me is
<br /> - ma su�icieat w pay tLe Bsavw Itans ahen du0.���Y so notjffy Borrovaa ia wrldng,end,in such cese Homnwer sf�aU pay
<br /> w L�eades tLo amount aea,csacy► to maka up the de�eS►• Brnrowa shall maka up tha de8ckancy in no more tban twelve
<br /> p�pp�►pgyiMIIb.!t LEiidtt's 60b d19Cl�E1{01l.
<br /> ---- vpon p�yma►t�n fun of aII snms soc�ued ey tnis soc�alty Insawna►t,t.enaa shau rranptly refw►a co sotrower any Funda
<br /> _ l�eid by I�d-.r.If�under para�raph 21.Laeder shall ao4nire or sell the Propetty.I.a�dc.Prlar to the acq�isldon or sab of tha
<br /> --- -- = properiy�shall qrply aay F�r►ds held by Leada et the dme of ecquisttion or sak es a crodit ageinst t�e sums secifeed by Wis
<br /> _ - jOClniiy intituui�ai. -
<br /> - ----- - 3.Appiiattbn of Paymente. Untess appllcable law provldes od�orwls�s.pll payments receivad by Lender undeJ pata�aphs
<br /> - -- ° 1�d 2 shaU be applied:&st�to any PrepaYment char8es dus under the Nota socon0.to smounm payable ut►der pa�raph 2:
<br /> d�Cd,b inta�st due:foiuth.to prtacfpat dua and last.to any lau c h a r g e s due wtder tbe Nota
<br /> _ - 4.CLargesi i.bae. Barowa shall pay all taxes,a�sessmeuta.cha�r8es. fines and impositions aartbutabla to tLe Pcopa�tyy
<br /> ----- wGfich may attain gr�orlry ova this SocuTity Instrumeu�and leasehold paymenta or ground trats.if aay.Bomnwer st�all pay these
<br /> � abli�in the manner provIdod in p�ph 2�or if not paid tn that manna�Borenwer shall pay them on tbme dirxtly t�Ne
<br /> _�_ Ixrsa►owed payment Bo�cower shall prompUY fiimish w La►der all aoflces of emounis to ba paid under diis pntagiaph.If
<br /> _�� Bormwer maTcos these paymatt�di�ectly.Bornower sball pmmP�9 fiuniah to I.eader raoeipts evideaciag the paymte�nts.
<br /> f - Bonowa s6a11 Pmrt►PdY dischar84�Y lien which tias prlorlry over this Sa�ulry In�t uNess Homower. (a)a�rees in
<br /> ---- writing to the p�yment of the ol�liqadon s�ocured by We llen in a maaner axeptable to Leader;(b)c�ontests ia good faith the llen -
<br /> --_�v�i by. or dafends aga:nst enfoioama►t of the Ifea �n. k8a1 Pmceedinge whicL i� the Lendec's opiiden opa�ate to praveat tha
<br /> __- :�---�:� mforament of the 1iea:ar(c)socures fmm the holder of tha lier►en e�oement satisfacwiy oo Lead�su6ordtnating the llen w -
<br /> _= _�=� this Sxurity Instnuneat If L�ender deLerrt�iaes d�at any pmt of tha Pe+operty is eubject to�llen which may atmin priorlry over d�is _
<br /> :::A�:��� Sec�uity Inateumeat,Lender maY Stve Bmrower a notl�e�deadfying the lion.Bo�rower shall sat�y the liaa or mke oae or moie
<br />:�=:.�+•;'L'�' of the a�ctions set fozth ab�ve within 1Q days of the gtving of notioa =
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