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<br /> .t:��:.';��_.'...:;�`s�;. � T�R wYl�atl tne im�ov�now or�e�ou tne pia�ty,aaa au eas�s,a�paatenances.and �-,
<br /> ��� �.���.�-��-`�- fxdues now or h�Rea a part of the pmgetty. AIl rqrlaaemetus aod adt�#ons shall aLso be wveted by tBis Security �?�;:.
<br /> �P ` :�., ��`:� All of the foseg+oing is m.fe�ed w in this Sec�ity fnsu�tt as the°Property° �'r
<br /> �y���' ��pM�t�f�i t,,,.,�y�.� af ttte es�hereby wmeyed azW ht�the right u>grant and r
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<br /> ' :, �tbffi t11C�Cii}1 1S U�EOL��,67IOC�L fOL Ei1CdlIDbi�Of tCCOI�. BOilOWCi W8T1"dULS SII$Wi� �`�
<br /> ti_ wnvey tl�e Pro�seRy ail claims and demands.subject ta asry ecc�btaaces of�ord. --
<br /> �- h defead�y the tisle w tis��Pcope�tyr against
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<br /> '` -_ -- - THIS�ECUEtTi'Y IH3STRUM6NT oombines aaiform ooveaants for na�onal use and non-nnifo�n oovenants wiW limit� � ,�;
<br /> p . variatioas by,ryrisdicuon ta oonstitute u anifo:m sowrity iastrumeat cave�mg�cal property. �.
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<br /> -`�,�:=-:_�.::.: _. i1NFFE?RM COVIIVAN7�.Boaower and l.ender coveaaN and agree as fottaws: ,
<br /> �` ,u 1, paym�t aT�rindpa1 and i� Pr�paYm�and Lute Ct�se�es..Borrower shait prompdY PaY w6en due tt�e • <<
<br /> �'��.�,� yrlrtcipa!of at�fnte�st an t$e debt ev�denced�Y tlie Note aad anY P�Y�and late c�arges due uader the Note. � �
<br /> -:•'�``,'��;,,��'"G:� � �.Funds for Taxes and Insmauce.Subjert w apglic�bte!aw or to a wriuen aaivca by Lendes.Bomuwer sl�11 pay to _;:..'_o
<br /> ' ` 1�.',� Lender on tfte day'monthlY P$Y�ts are dne under the Note.ant�tfie Note is paia in fall.a sum f'Fimds")for.($)Y�9�
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<br /> "•' ` '`� :�. �td�ss whidFinaY at�tt►Pnortty wer this Sesurity Msaament as a liea an the Properiy:(b)Yea�lY t�h°td'paymeuts � °�Y
<br /> 'f 1,;i�' at ground rems on tbe Property.if mry:(c)Year1Y haza�d or property Insmauce premiwns:(d)YeaztY ftood insaranoe premiums. �,_
<br /> if aay:(e)Y�Y��Se�ce P��•�BDY:�d(�aII7+�P�te by Bo:mwer�w Lettdet,in aoourdaace witb
<br /> � ;' r 'Y` of mortga8e iati�uaace pre�ns.These items nte calted°Esctow Items.° �` °
<br /> F_� ��_��:� the pravisions of parai�apb S.ia ltw of the paymeat �
<br /> ..>r,��.r,<-K.::-� .� f.eAder may. at any time. cottect and hola£�mds in an anaaunt aut t�r exc�t��ama�at a 1ffider for a fedeaatIy _
<br /> �,� .: s F x-r �efated mnrtgage loan maY rec[uire for Borrower's escrow aocotmt w�d�x the federal Real E�tate SeWement Pro�Act af r
<br /> = .�.. :.. �'.� 1974 as aroended fmm time to time. 12 U.S.C.3edion 260t a seq.(°RESPA"),untess anothet laar d�at ap�►�es w the Funds .:
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<br /> - - .:._,x;. sets a tesset antount. If so.I.ender may.at a�ry ame,callec�and hn�d Fuuds in an amonnt not w exoeed the lesser amouu*. �,
<br /> ,�-'�,�° ''Y ;��• '�:...• Leader maY estim�e tlie�amaunt of Funds due on t6e 6a�s csf cotrazt data aaa rea�onab2e��of expendipues of futare ,},:-_'
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<br /> -::.' �;r.:•..;:��:"'�::°� Ssccow Items or atherwise in socordance wIW appli�abte 1aw. _ � _'t
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<br /> '..`. _'``.;': '1'M Fands shaU be heid in an icisthuilon whose deposits aie ins�ued by�a fedeiat agency, a�suumeataUtY• or wt�ty �>
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<br /> ':°;`�;,;`:.��".°;.':;s'. ;;=; I.�der.if I,ender is such aQ iustitution)or in any Federal Rame Loa�t Bank.Lendec svail apply the Funds to pay the ��;
<br /> �:¢ `�-':;:::°:':..��rr�=:.. �°g 1 " the Faads,annnaily aaaiYrang the escrow acco�mt,or °��
<br /> =--�-��- Fscrow Items.�.eader may not ri�acge Baaowe,r for hotdiug aad aPP Y�S e cro
<br /> , ;,�,,� � - verlfying the k'scrow Ite�ns,tmless l.ender pays Bormwer interest oa the Fastds and appiPcabte laa+pennits Lender ta ma&e snc�
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<br /> ". ;' Leader maY ceq�eire Bormwer�o gay a oao-time diarge for aa Independeat real est�te tax s+�partin8 servioe
<br /> J:��.,�.�� a ch�a:ge.However. eq�ei `';.
<br /> .-�".,.��=`:�;;i=�'=,,=° u�d by Leader in oomtecdon �vith @tis toan. unless applic�ble law �tovides ot�erae�se. UdeSs an�t is�as
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<br /> •:�� ' : ' . Bouower any interest ar earaings oa the Fnnds. i:r«�
<br /> a� ,} - ` � Spp1�C8b2C 12►W r0q0iTe9 iLtCCesi to.bB pe�cF.1.�IIdet sh811 not he[equil�l i0 p�iy
<br /> ,. " `:.;, �.� �,:` '�� Borroiver and I�er maS►agoee in writtng.however.that imesest shatl be,paid oathe Fands.Lender shall give to BormWer,
<br /> ;�` - arithont charge,aa annual a000uadag of the Funds,showing c�+edits and debita w the Fands and the purpose for whicd�eacb `
<br /> � , ..`. :: ;`: debit w the Ft�ds was made.'Il�e Fuads aze pledg�as additiw�ai secariiy for all sums secared by tthiis Secucit3►In.sIDtument.
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<br /> ''`?�`'�-.`'�=":':-."'-��;:; If the Faads heid by Lender exc�ed the amovnts Permitted to be hetd by appllcable law.Lender shaU accouae to Bo� :�..
<br /> ,�._,.;. ._ ,��'��;�� for the exoess Funds in accordance witb We r�qnirements of ayplicable taw. if the amouat of the Funds lietd by Teude�at any : —
<br /> �.<;<:�?c.: ";.:,.::,::.:� ttme is not satf'icieat to pay the Esctow Items whe,a dae.l,eader may so notify Barrower in writing.aad.in sach,case Burrou�s -;--.
<br /> ":.:F�.�.;.:;-��'. � ' •� shall pay to L.ender We amount ne�sary co make ap the deficie�aeyr.Borrower s6aU make ap the defuieacy in no more thaa , �=,
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<br /> �;' .;,�.�, tarelve manthly.aaYments.at L,ender's solediseredbn. ��
<br /> . ..,�:. , � Upon paym�mt in ibll of a11 sums secuted bY this S�i3►Insimmen�Iender shall pmmptly refimd to Borrower auy _
<br /> - _ :',:,•�-°.;�-; Fmids�etd by Lender.If,under paiag�sph 21,Lende�shall scquire ar sell the prapeity.LenQer,P.�Ior to the acqnisitio»or sz�� --_--
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<br /> �'``���� o�pf�,t,hpe Progerty.shaU apply any Fuads held by Lender at the dme of acquisition or sate as a�redit agatnst the sams secuied by
<br /> �,, -�_�,�{. �� h , Yuaa't.CUi1�/�AS�U�t. . .
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<br /> `''' ���'��'-: � 3.Appftcatitia.of Pl�yments.Untess appl�cabte laa pravides atherwise.atl payments�+tved by Leades ttndes p�ag1'aphs
<br /> - �.>�'�"«' w es das wtder the Note:second,w�nunrs yayable under para�aph 2; —.
<br /> , _.::,� 1 and Z shal!de applled:first, �Y P�Y�t��
<br /> �` Wrd.fa irterest dae:foorth,tu Principal dae:and taa.to atry tate charges due uader the Note. •
<br /> � _ , .
<br /> -.r:��°`:,.`.:�-; ' 4.C�gcs;Lle�.Barrower shaU pay all taxea.assessment�,cdarges,t�es ansi tmpositions amibutaDle tu�he Properey . �
<br /> ':' whicb maY attair►ptiorIty over this Secudry Insuumeat,and leasehotd payments or groand rents.if aay.Bortower sLall"Pa3+ ---
<br /> .,. ' tt ►
<br /> - :.;..�;:•:�✓'��.z'� . these obligatiops i�n We marmer provided In paragr�ph 2,oi if nat paid in.that mmmer.:Bo:rawer shali pay We�rn on thne dir�cxly �
<br />_�F a`` �. to tha persott owed paymeat.Borrow�r shaU Dromptiy fumisb to Lender all notFces of amoants'to be paid uader this pmagrapb. . —
<br /> -4�,�.�\`�:.;�=;����' � If Buimwer makes these paymenta direaiy.Bamwer s�aU pmmpUy fu�ish W Leadar r�eipts evldencing the paymeras. � —
<br /> � :' :�-�'°� � � Borrower ahall prompdy discirerge anyr tlen whfch bas prioriry over this 5ecnrltY Inst�ament unless Borrower:(a}ags+�s in � _
<br /> ° � = writiag to the payment of the obligatioa secured by the lien in a muwer aeceptabte to Lender;tb)contests in good faitb the.Iiee� . .
<br /> -u-� �� whic6 in the�ender s o nion o to ravent the ���
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<br /> =. .r-�_;,;,;;-- � by, or defends against enf.orcemesst of the lien in.[egal pmoeedings p� P� P —_
<br /> ':;.:� ;�.` eaforrement af the lien;or(c)secures from the holder of the lien aa�t sadsfactory to l.�nder subord3aadng the lien to �
<br /> ' r r�;;:.�:.�.�':���� . thls SecuritY IInstr�neat.If Lender determines tbat suy pa�t af t h e Fcaperty is su bjeq to a lien afiich m a y atta3r�P��Y�+� � . _.-
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<br /> .� ,� �.. this Seauity insmuneat.L�der may give Borrawer a aofloe identif�g.the liea.Bonower si�all saiisfy the lien as ta�o ane ot --
<br /> _ .. . �'_., . �of the actions set forth above withiu 10 days of the giving of not�oe.
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