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<br /> TOti�'I'HflR WI'I`H ull ihe improver�icnts now or he�ca.Rer ercc�cd on the pra�scrty, nnd nll c���mentn, npp►tnrnnim^s,nnd
<br /> ' :.r k f'�cwres uo�v or her;,aftrr a psn u€Lho properry.All replsice�nents and nddidone shnll also be covercd by �hie 3eeuridy Insu��ment. r•
<br /> AU of the forcgoing is eeftrred to in uii�Sec��ity(nsU��►cat us the"Prolr�lY:�
<br /> � � BORROW81t COVBNAId'TS d►at Borrower is inwfully seiaed of the estate hereby conveycd snA hn9 the ri�ht to grant er►d
<br /> •� .�'� convey the PropertY snd t�x�tha Pr°pem' i� unancumbered. oxcept for encumbrances of record. DOIfOWOI t74TFf)�iifl flRA WIII �H,
<br /> defend gen�rslly lhe dtQe to the Propertp oAalnst nil clnims and demands,subject to any encumbranc$s of record.
<br />-�,�;'��.�^� THIS SECURITY INSTRtJIuffNT combines unifoRn covenants for national usc:.nd non-uniform covcnnntn with limiscd :,�
<br /> .. ,,.-,�: . variadons by Jiuisdlcdon to conadtute a unifocro securiry instrument covcring real pro}�erty. ,_".:
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<br /> ' .y.� UN�ORM GUVBNANTS.Bonower end Lender covenant and egreeg foA�ws: Wh�n dun �ho
<br /> -�°�"� 1.Payment ot Pr[nctpal nnd Intcrest;Prepayment and LAte Char es. Borrower shnll promptly pay :;_
<br /> ��'�"� principal of and interest on the debt evidenced by the Note and any prepayment nnd Into chnrges dua under tha Noto. ; :
<br /> � • . ,
<br /> � ,� `��� 2.Funds tor Taxes and Insurance. Subjoct to nppllcablo luw or to a writuen waiver by Lender, Barro�vor shnll paY co ,.
<br /> � Q � Let►du on the day m�nthly payments are due under the Note,until the Note is paid in fuU,a sum("Funds") far.(n)yoarly taxes c__
<br /> ;,;.�� y�� and assessments which may auain pdoriry over�his Securlty Instrument as a lien on the PropertY;(!�?Y�Iy loasohotd payments �ni
<br /> ��y.� �n5�uanc�Premi�uns;(d)Ycurly f�aad influr�nca p�miums,if ---
<br /> .i�.�.,; or ground renu an the Pcnpeny. . c)Yea�1?;hazard ar property' � �co¢rlenca with the
<br />'°��:;";;;;;'�' � any:(e)Ycarly�nartgagc insurnn�x prcmiums,if any;and(�anY sums payabic by Borco►vcr w Lcndor. -
<br /> .�:�s<!s::" . -
<br /> "�',�>>r,.�'�, , pmv��ions of paragraph 8, i�a fa�u of the payment of ma:r{gnga insurance premiums. 'Pnesa itr,ma�re cullr.d"�scmtv Items." _
<br />.•`;:r;;� -
<br /> i,___ Ler►der may,at any oime,ea�lioct�tnd hold Funds in an nmount not to exceed the maaim.q::n iunaant a landnr for a fedfrcally relatsd
<br /> o;,;;;�;;� � caartgsg4 luan er�ay r�quire��r Hoa�wer's ascrow account�u�der the fed��^k�Real tsta�e Settl�mant.I�rocedures Act of 19T4 es -
<br /> _-� amended from tiun�ta time,12 U.S.G Section 2601 et seq. ("ItF.SPA"),nnicss another Ittw that op�Gas m ti►s F�unds setv e�es�x `
<br /> ;,,,-.;, smoun� If so.I.endex may,at a►ny dme� collect and hold�F�mds in an amoimt not t� �x�eed the l�sssr amount,Lender may
<br /> :�'w�:�� e;�dmate the amt�unt of Funds due on the basis of current dnra Fu►d reasonabla esamntos�'�w��enditures of fraWre Escruw Items or _
<br /> othen•�isa in ecr�rdance with apnlicttble law.
<br />:���1���;� '!fie Funds shnll be held in nn insdtuflon whose deposits are insured by a fedaral oganc;+.ens�nr�e�t�llty.or endty(includin� =
<br /> �.�-�� Lcndcr,if Lendcu is such an institudon)or�n s�ny Federal Home L�n Bnnk. Londnr sGuil��Ey�as�nds to paY the Bscmw
<br /> —== Itams,l.endu muy not cherge Horrowcr for ho7d3ng and applyln�the Fund�,ennnnlly nm���i�.'►e�scraw accoun�,or ve,rifying
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<br /> �� the�scrow Ttems,unless Lendcr pays Hoirower int�ros�en r�t�e Funds and a�plicaUfa la��paimits Lentkr tc�make s¢c�h a c ge.
<br /> -�,,,_�.# Howcver�Lendt�x may rcclui�Sorrower to pay a one•timz r�erge for un indepe,ndent real estat�taas reponing srrvir,c usad by _
<br /> -�++ Lender in cunnect�on with this loan,unleas applicabla law provides oAiemiso.UNe.cs an agr�xrt►ant Is made or applicabSo law
<br /> _'�'"'�"a ��}ny�M:��_:�.�±i�;i�nctei st�ll nut 6e requircd to Pag �o�a��er nny intorest or earnings on the Funds.Borrowu end
<br />____� Lettdu may sgree in v+ridr►8�however.that intenst ahall 6e}taid on v"�e�Funds.I.ender sliaii 6ive co B°R°`"'���`�''�u`cts�8'""_'
<br />=-�,�,� annu�el eccounting of the Funds,showing credits ttnd d�tu�to thc Funds and the pur�ose for which eACh deblK to tAe Funds wes
<br />--_....�., made.The Funds ere pledSed as additionel securlty for ttli sums secared by this Securiry lnstrumenG
<br /> �� J If the Fund.�h�ld by Lendu exc,�ci tt►e amounts 1�mducxl w ba held by�ppllcuble law,Lender shall account to Sorrowu for
<br /> _`'�1 tho excoas F1�n0a in accordat►ca w'ith the c�s�u�ements of applicable law.If the nmount oY'Ihe Funds held by Lender at any time 1s
<br /> - - cqt sufficicnt W puy d►e Escrow Itema when due,lRnder Ru►y so notify Barrower in wnitin8.end,in such case Borrowec shall pay
<br />- - to L�nder the amount necc�9sary W m�lce up the deficiency.Borrower shall make up the deficiency in no moc+e it�an twclve
<br /> mcathlY PeYmcntn,et Lcnda's sola dLscretion. refund to Bortnwor eny Funds
<br /> UP�P�Ymcnt in full of a11 sums secumd by this Sxurity Insuument,Lender slwll D�P�Y
<br /> held by Lender.If�under.pa�aph 21�Lender shall acquirts or seU tha Prope�ty.I.endcr.Pdor w tha ecquisidon or sale of the
<br /> propaty,shall ap�ly eny Funds hcld by Lcndes at the drr►u of acquuition or salc as a ard�t a8ainst tho suma securod by this
<br /> Socurity Instrumtnt.
<br /> 3.AppF3cAtbn ot Pay�¢nts. Unless applicubla law provides o�isc.all payments receivcd by Lenda undu paragrapds
<br /> - - 1 and 2 shall be applied: first, to a��Y PrcpaYmcnt chsuges duo under the Notc;second,w amounta peyabk undcr paragrap
<br /> third,co intargt due;fourth,to principal due;and last,to enY late chargas due under Ihe Note.
<br /> 4.C�r�pr�,l�. 9omower shaU pay aill ta�ces�assessments� eharges. Cnw and impositi�ms amibutabla w tha Pcopaty
<br /> _--= which mgy etfaid''�doricY aver thi�Secwity Instrunient,and leaset�ol�i peyments or ground rents�if nny.Horrower shall pay these
<br /> obilg�sbns in tho ma�tner ysovided in paragreph 2,oe if not paid in that mannu.Bocaawes shell puy ihun on tIme d'uecily to ihe
<br /> -- pason owal p�+ymenG Bamwcr s6all promptly fumfsh to Lc�ndu all nodces o£amaunts to be paid undu this pa�agraph.If
<br /> Boirower malcros thaso pnYments dirxdy.Be�rower shall promptly ftumi�h to I.endCr tacoipts evl3encing 1he payme�nts.
<br /> - Borrower shall prompdy discharge enY lien which has pdoriry ov:r'�l�is Security Instrument unless Borrower.(a)agcees in
<br /> vrriting to tha paYment of ttic obligation sccured by tha litn in a mannu acctptabla to Lender:(b)contcsts in goad faith the licn
<br /> � by� or defen6s against enforcement of the Hen in. IeB� D�S� which in tho Lender's opinion opaate ta� prevc;m the
<br /> -� enforcemrnt of the lien:or(c) seciucs fmm tho halder of tha lien an agreement satisfactory w I.u►der si�bordinatIng the llcn W
<br /> - this Socuri�r 3�suumeuG If I.end�r detcrrninos tlwt any part of the Pc+aperty is subjoct to a lien which may ausin pdority over this
<br /> --u Security Instr.umont,Lcndcr may give Barsower a nodca idcntif'yu:8 C�E�it�n.Borrowu shall saii:;Fy iho licn or takc one oe r��e
<br /> ��'= of the acricans set fosth abovc witl�in 10 cluys of tho giving of notice. Fa:rof�302a �/OD
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