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�� :��--- -� - _ --_-: _ , __ -,�.. _- -_-_- ` ,.� .a�...rr�.�e�.r.L, , � --- - . — � -- 9�� 4�34�+�'�2 = which has the addres�s of 535 �ast lA, Grand Is.�and� ivei�ia�ko� G��01 � (MProperty Address") . _ TOGET�YB� WI'i'Fi all tha improverciei�ts now or h�reafter erected on � r.he property, and all easements, rightsr aQnuxtenanceo, rente� E_ rayalties, mi.neral, oil and gas rights anc� �rofsts, water rights `_: and stack and all Eixtures now or hereafter a part of the prope�h�g �_ All r�placem�nCs and additions shall alea be covered by � Security Instrument. All of the f�regoing is referred to in this � Security Instrument as the "Property", including the 1980 _ Bannavilla Mobile Home� ID No. 08 A9674� Model S803FH A297, �,,,� Capacity 16x76, Color: White/Gray. °_- BORROWERS COVFNANT that SQrrouers are lawfully seised of the _ estate hereby conveyed and t�ave t�he right to grant and convey the Property and that the Frc�perty is unencumbered, e�ccept for encumbrances of record. Borrowers v:arrant a.rsd. will defend genezally the title to the Property agains� all c��ians and demands� subject to any encuanbrances of record. COVBN3lNTS. Borrowers ana £�ender covenant and agree as _. . followa: 1. Payment of Priiicipal �:.� Interest; Prepayment and Late Charges. Borrowers shall prom�tk� pay when due the principal of and interest on the debt evider.ceal by the Note and any pre�aycaent and late charges due unde� the Note. 2. Funds for Taxes and Insurance. Subject to appiicable law or to a written Waaver by I,ender, Borr��e�s sha12 ray to Lender o� the date yearly payments ¢=e due under the �Inte, uratil the Note i� paid in full, a sum f"��da") equal tcn; (a1 yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly leasehold payments or ground rents on the _ property� if any; (c) yearly hazard insurance premiums; and (d� vearlv zaortgage insurance gremiwais, if any. These items are callec� "esarow items". Lender sr,.a�y eacimace �uc r�:+�o �u� ar �.° '=-°='?-^f- . - ..- .. current data and reasonable estimates of future escrow itema. The funds shall be held in an institution, the deposits of which are insured or guaranteed by a federal �r state agency. Lender shall apply the �inds to pay the escrow items. Lender may not charge for holdi�g aad applying the Funda, analyzing the account or verifying thz escrow items. Lender shall not be required to pay Harrowers any iaterest or earniags on the Funds. Lender shall give to Borrowers, n�ithaut charge, a�c annual accoua�� of the F�unds showing cr�lits and dehi�s to the Funds and the purpase for which each casrit to the fu�,3s was made. The Funds are pledged ae additional security for trz sums secured by this Security Instrument. If the anwunt of ttLe Funds held by Lender, together with the future yearly payments m� Funds PaYable priar to the due dates of the escrow items, shalg exceed the amount required tc� pay the escrow items whea due, the excess shall be, at Berrowers' optioa, either prompCly repaid to Borra�ers or credited to Borrawers an yearly payments of Fuur3s. If the aiaount of the Funds held by Lender is not sufficieat to pay th� escrow items ar�en due, Borrowers shall pay to Lender any amcunt necessary to �r�a�se up the - - deficiency in ou� or more payment� as required h� Lender. Upon payment in full of all sums aecured by this Security Instrument, Lender shall promptly refund to Borrowers any Funds held by Lender. If under paragraph 19 the Property is sold or aaquired by Lender, Lender shall apply, no later than immediately priar to the sale of the Property nr its acquisition by Lender, any Funds held by Lender at Che time of application as a credit against the sums secured by this Security Instxument. � •3 3 _ Application of Payments. Al1 payments received by Lender under paragraphs 1 and 2 shall be applied: first, to late charges � due under the Note; second, to prepaya�ent charges due under the � ,- _ _� _ __