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<br /> � . 'POtit�Tf�TFiLt �YiTH nll�t►e lmprovcmenLS now or hesc�ft�r erected on Iho pmperty,and utl c�scn��nw,appurttnances,nnQ
<br /> _...--.. ...��..: T . ... , �..,,1... o d�li�i o ohal) alc vrfrd ' �.
<br /> . tiatures now ar arrr,at'�cr a pari w u�o�:;o�:►��.�+ll:.;is,�.,..tan�,�:�s,.w..on..w......--�he co. _.__ by�htc Sxuncy Insreumen�. rt,-:
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<br /> � Aii ai the forcgoing is rcferrcd w in this Sccuriry Iasuument a.q the"Propcny."
<br /> ' '. � BQRRQWER COVLiNAN'1'S that Borrowu is Irtwfully scised of tho estate hueby comeyc�d azid has the dght to grant and �=
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<br /> . � convey tho Property ettd that the PcaPerty is urtenr,ttn�L�ered,excxpt for encumbmnces of reeord. Boaower warmnts end wll1 •-�
<br /> defenA generally 1ho d�e W ihe Froperty ageinat all clain�s and demands,subject to any encumbranas of rexord. -�-�,•.
<br />;,;,�,�;��. THIS SECURITY INSTRUMAIVT combines unlform covenantv for nadonal uso and non•uniform covenants wlth limit�l �._.
<br />•";�„� ' varlaUons by Jnrisdictlan to consdtuGe a uniform security inswment covering real properry. ��
<br />-�_.:�,,;.:�.�` UNiFORM�COVSNANTS.Borcower and Lend,er covennnt end egree as follows: -•-
<br /> - •T' , 1.Payment oY Prim�si�pxl and Interest;Prep�crnem2 and Lotc ChAr�es. Borrower shall promptly pay �vhen due tho
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<br /> '��'�' principal of and int�rest on the debt evid;,nced by t�e Ni�i.�and e�y prepayment and late charges dua under the Nci:, �-
<br /> '`� 2,F�d9�or Ts►xes acd Imsu�aec+e. Subpct to �tppL`.�ble 1aw or to a written waiver by Lendcr,Baxrowur shalh ��y to F``
<br /> �, ,•� I..ender Qn Yhe c�ay monthEy pr.�yments arc dae u�eder�!►e Note,nrn�d i3�e Note is gaicb��fv�l.u sa�m("h�b�a�s")gmr:(�)Ycar1�z�.xes _-
<br /> '��?l�':�;''�.::+. ' �nd a�es�eenas�vhbc}a�n�y fl2�i�prlority�vrx ahis�ECUrity Insuument es a 1'sen�r tha Propes3���+�Ye�rty Aeasehald payments = -
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<br />-�•:;s�"':c,�;;�. 1• ar gmurtd�e�nts on tha I'r�puly.if a�►Y:fG)Scarly la���Q or ptaperty insurance preaniums�(d)YcadY flood tasi�aance premiums.ff
<br />:.;,, �.,�, any�(e)Yearly mortgago insurance prter+�iums,if any�and(�eny sums payable by Bonower to I.ender,in accordance with tha --
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<br /> :yt�?� provisions of p.�ragraph 8,in lieu of�hc paymcnt of mortgaga insursnce premlwna. 'Ihese im.ms ere called "Escrow Iu:m9"
<br /> `t r�_ I.�ndu maY,at any timc.cql�e�ct e�d hold F�!n�in en emount not m eaceed the maximum ano�mt a lendu for a feclually refutr.d
<br /> ?'-���'"� mortgago loan may requlxe for Horrowu's cscrow account under the federal Itcal Bstato Seulement Procedures Act of 1974 t�v
<br />. �:;;��"�'�'� amendod from dme to tlmo,l2 U.S.C.Sxdon 2601 er seq. ("RESPI�"),unkse snmhu law that applias t,o tho Funds eW a lesscr
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<br /> '_���'�^��� wnount, (f sa, Lendcr rru�y,At any timo,colloct end hold Fund�In au� wnount not to oxceed tho lesser anount. l�enda may
<br /> �--___...�_.-_ �,�tim�ua tho artwunt ot Fund�Quo on tho ba�is of current dw�nc6 reaoonRbb c�dmater of n�spenditurca of fLwre E3�crow ltems or
<br />'-`:.'�� othuwbo�n�ccor�nce wl�h y>plic�bb aw. --_
<br /> _ - 'il�o Funtb�h�lf be held in wn innitutbn wha++a dcposlu iuo i�tiurod by�[adcrRl�gcncy�in�aumcntdlry�or ondty(including
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<br /> �- � l.cttacr� if l.ct�da b Ruch�n inaUtutbn)or In eny I'atern! Hwna Lo�n �uik,Lendtx ehail apply tho Fund�to pay tha Bscrow
<br /> _`°'-"'�" iuxnt,Londer may not chuQa Acxrowcr far I�alding and y►plyiny�thc Funde,ennuslly�nalyxing�ho escrow eccount,or vatfying
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