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<br /> __ T1'�El7�mt wmi an ma;mpr�►emd�ts now ar kre�Eier encced an tbe p�aperty.�ad all easa�nts:�
<br /> and fr�tiaa taw or�a puc of We p�apesty. Ai�replacanents and ad�itians s6aq also be covered by t6is Security .
<br /> Insuwiten4.!►ll of the facr�ping is tefased to in this Security Liswmcnt�s tl�e"RaprrtY-"
<br /> BORROW�R CQVENANTS that BomDwer is tawfaily seised of the ast�te he�6y coaveyed and h�.c dfe rigE�t c+a►grant
<br /> . an�f cottivey the Ptopercy aod that the Ptopeny is una�cum6e�ed.excep�for enwmDr�of corord. 8amwer wa�r+nis and
<br /> w�E t�efead geoer�Uy the dtk to the Ptaperry againsc all claims aad de�.subjoct to any etxumbcanxs of c�ecad
<br /> ------ . - - . - -- - � • - cov — - --
<br /> � - .�- UMENTzom ' at�aa��mif�-- enar�ts with----=.- —
<br /> Wmtetk v�aaans b��misd'icK'on m constitute x unifam secuciry i�strucneat cavaing leal property
<br /> ElN�pgly CDVfiNAN7'S. Boaowtc�nd I.erdet covannt aad agtee as foltows: •
<br /> 1�: Pt��t o�Pri�eiNl s�W Ltereaf;PrepsJ�nt a�d Late Chr�s. Bamwer st�alt promptlY PaY wha�due the
<br /> p�;nci j�!of aod ia[e�esc an the deM evidareed Dy the Note ud wy piepalmuat and tat�charges dac wderthe Nae.
<br />° x;`: Foib toE Tua s�d I�a� Subjat to applic�tila!aw or W a written waiver by l.ender.Bamwcr shalt pay to
<br /> I�eadcC;oa the day monthlY PaYme�►ts are due undes the Note.unW t6e Nae is paid en full.a sum("Fa�xis'7 for:Ia)Y�Y
<br /> daxes:�d assessmetiis which may attau►pcioriry ovu this SecatitY/ns�umc�t as a lien on the t�topetty:N}yeady leasehold
<br /> PaY�����Ieaa oa the-PropertY, if airy: (c) Ye�riy_hszard or pmpeny insurance p�endum�(� yeazfY �1ood
<br /> en
<br /> - in&ucapCe pfetoiums.if aay;(e)�Y�Y�SaS��P��W�•if any;and(�a�1y sums paqabie bY Burtawa to
<br /> L�d�ty in acacordance.with tbe pcovisioas of pan�raph 8,ia lieu of the paymenc of mo�tgage utsurartce premimns. 71�ese
<br /> itema�aie pIIed"Escrow Iums." Lendei may.atany time.colleet and hotd P�mds ut aA amount not m exceed the maxim�m =
<br /> amar�t a tender for a feder�lly a1ated mottgage toan may rcquire for Barrower's escrow account e�rder the fedecal Real �_=
<br />. � ESt�ta;�ettlementProcedtups Aet of 1914 as amended Ccom time to pme.12 U.S.C.g Zbt1�et seq.("R�FA">,m�iess a�tUes ��
<br /> L�r!put aPPlies to tl�e Funds sets a lesser a�aount If sa tx�der arap.at�ia��me�ca�[es�aad iwtd Fa�;q��2,a:�av.9a�etnot to �=_--
<br /> �:�l�ree�. (eader may e.sumafe thc amount of Fr?i�s�e:��i��as.s's nf asz�raz d�a�d�^.4sr�le.•' ' '• �" � = .:_
<br /> ,�e�e�.-!usesG��.3ime Esciow Items or ottkn�vis�in�.a��fa'app��+F�� '` ;'":� '•�' • ' _ --
<br /> . �Lve�3t`.aiE 5e�i��aa in..aimoti�tvl�ose de�si:s.arr'sii5w.��i%a fz3_..��°�•.��,�.�.�'�f i+�er..c�w' � _ -
<br /> �U�� '�lg�.�Sh�P.C.'1f�.C1[t�CL�:i'�sGf.'��i�'V]11Km�1��{'�r.�'yT�E$�LeQi1L�g.t3?�'3�i;'�.e'I�v'i5$�'_d�.`�tif'�i'Z�"��S' , �, �
<br />' �`�%t`: tbE',.�CIBW�LCIIL4. T.C4idC[QC'd�ti R4t C�B�O�S�wC'��DS�'�3'$2tr(�3jfj7�ylAg S.*IC 1�'�1��.7312�$i�i`.���."2.'�Y�."Dy4'.��5'CFGK� --
<br /> _ ���'� aavotint.or veridying the Fscruw Ifims.untess Lende.r:��:�s�Sotrowai interrst on�;�.:ads�arid'apg�ica�:���pesmits ��`�f�;F.r
<br /> °. '' t�nierta makc sme6 a ehatga.� Hawever,Lender may rey-twe B�aaowea to pay a os���ha+�e foc an in��e�nt_real E•�::�:�.•_s,.-
<br /> "`�:�`;.'; essaar;tax repo�tia8 service ased by Lendes in connection with this loan.unless applicabTe law provides otherwise: tisnfess an •�-�:;::`':'._
<br /> �_�-�. .. agr�qlacnt is made or applicable law requires inte�est to be paid.lxnder sliall not be req�to pay Borrower any intecest or t.:...; .� ��
<br /> _'=�°=��;` eamiqgs on the Fvnds. Bormwer and Lender may agree in writing.however,that interest shall be paid on the FurtdS_ t.ender �;� : _-
<br /> '�`�='�.�=_-.T I: shalb�ive to Borrower.without charge.an annuat accaunung of the Fvnds,showing cmdits and debits to the Fimds and tfie � . .
<br /> ��''"°-y- for which each debit to tbe Funds was made. The Funds are pledged as additiona2 security for all sums secured by -.
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<br /> FwN;�
<br /> },�:;.- thisSecunry instrumcnG
<br /> - IB�the Funds held by L�ender exe�oed the amounts pecmitted to be held by applicabte law. Lender s[�all account to ���::�;;,.�;•�_:�-
<br /> !a::;��= B�rtN�tr far the excess FunQs in accordance witb the mqui�us af applicable law. Ii the umnunt of the Fund4 held by � � `-
<br /> .. =s. � L,�tiQgf�at any time is no!sufticiont tv pay tl�c Fscruw Iiems when Que.l.ender may so notify Borrower in writing.and.in '
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<br /> •� Y�,.•`��' , � stK;h:,case Borrower shall pay ta Lender the umnunt necessary to make up the deficiency. Borrowcr+hall make uQ tt�e !.' � -_
<br /> � '��+�'4� r'`•�'.`� def�c'iency in no morc ehan twclvc manthly p.�yments.at l.cnderk sute diurction. � �y � : ___
<br /> .:,�, Upon payment in fuli oi all+ums xecurGd by this Sccurity Instrument.Lendcr shall prompqy�efund to 8orrower any • • ;��
<br /> � • Fund:i Aeld hy l.ender. If.undcr p;uag�aph 2 t.Lender rhail acquicc or�ell thc Property.L.enaer.arior to the aquisition or -
<br /> �'�" � " sata:of�the Property.shail apply any FunAs hcld by Lcnder at the time of acquisitian ut sate a�a credit against ths sums �, - .-
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<br /> .�yY ..,r +secucrd by this Security instrument.
<br /> .T_ , _ 3K Applicatiau o�P�yments. Unkss applicabte law pravidcs othe�wise.aH paymenGs receivecl by Lendar ander ;
<br /> i�: �• -� puragr�piw�t�and 2 sha11 be applied:�rst.ta any prepaymen!charge�+due under the Nate:second.to amounts payable under . .
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<br /> • � �.- .-. pAregrap�C«;•third,to intcres�due:founh.w principal due:and tast.ta any lace charges duc under the Note. _
<br /> � ���'rJ : 4„ C1�trges; Lkns. Boaawer shall pay ait taxes.assiwsmenu.chasges.tnec and impo.4itions aaributabte to the ; .• . _ _
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<br /> �:. . P�vperty:whiCb may atwin priority over this Security Instrumen�and leasehold payments or g�ourtd tents.if stny. Borrower ,
<br /> ,'=�T �• shulbpAy�these obiigations in thc manncr provided in paragaph 2.or if not paid in that manner.Horrower shall pay them on
<br /> tima di�ectiy to the person awed payment. Bormwer shail promptty fumi�h to Lender all notices of amounts to be paid under � `
<br /> ��''''� ihin� h Ii$orrower makes these payments directly.8orrower shall pramptly fumish to Lendet receipts evidencing .
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<br /> � �orrower shali promptly discharge any lien wfiich has pttority ovet this Security Instrument unless Borrower:(a)agrees �'--
<br /> �L �',j � ip�writing to the paymeN of the obligution secured by the lien�n a manner acceptable ta Lender.(b)contests in goad faith the +� . `_'�-
<br /> =""''""�-�=" li�+a�by,or defends against enforcement of ihe lien in.legal proceediogs which in the Lenderk opinion operate to prevene the ; ,
<br /> .,,>. :•;>.. .
<br /> ar enf.orcertwmt of the lien;or(c)secures fram the holder of the lien an agreement satisfactory to l.ender subordinating the lien ;.:° _
<br /> �'��'��A���¢ tq,thie Secudry Instrument. lf Lendcr deterinines thae any pan of the Praperty is subject to a Ifen which mxy attain pr3ority ,
<br /> �_"`: :-. - o�rer this Secunty Instrumenb l.cnder may give Barrower a noticc identifying the lien. Boaower shall satisfy the lien or take
<br /> � ono or more of the actlons set fvrth abovc within 10 days oi the giving of notice.
<br /> 5. Na�rd ar Property InsurancE. Barrower shall keep�he�mpravemenu now existing or hereafter eretted on ihe
<br /> PtCperty insumA against toss by flre.hazards included within the term"cxtcnded coverage"attd any other hazards.including
<br /> '�;,., .. �taudy or ilooding.fnr which Lendes rcquire� insurance. This insurance shall be maintained in the amounts and for the
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