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<br /> m(3E1'ttFR wriH all ur;e�pcuvanent�oovv or t�a�ttter«+ectea on the pcopercy.ana all easeme�us.a�ppurte�nces. � "
<br /> . aod tjxtiirss now:ar heraRa a p�ct of t6e p�ope�ty. All�ts 1d addicioas.shall also be oovered bg this 8ec�nry .
<br /> ' In�t. AI}of tAe forcgoin8 is iefened to in this Security Tnswmeut u the"PtoperiY•" .
<br /> BORROVI►ER COVENA[�iTS tt�at Barnwer is lawfulty seiscd of the estazt 6ecehY�a►Yeyed and has`the;right to grant —
<br /> _= aod coavey tbe Ptbpaty and that the Property�is wxncua►6e�exce��s+encumb�atxes o�b�o[te�ar� �� ,
<br /> will defead gener�Uy tde utk w tbe.Ptopeny against tadms 1�
<br /> v TI�S SF.CURITY INSTRlJ1bff1VT combines umform cov�fot nationa! use �ad aon-unifam�venants with
<br /> -— -- - -_- = - -- - _. limiteA vaciationsby jorisd'iction to con�iaite a asoform secaticY�stia�nent covering ccat p�pestY� - ---� ._ _ _ _ ._._ _,-_-__-� ----
<br /> -- UNIPORM COVENANfS. Bo�owet and Lrnder covenaut and agree as foiiowx � wken due the °� �
<br /> -- 1. Ylt9mat of Pricipd aad Iate��F+�►J���Latt Cbar�. Bamwet stiatt ptomP�Y PaY E.:�:v�_-
<br />'�.:� • pciacipalof ud intaat on thc de6t evidenced 6y tT�e Nate and anY P«FaS�and late charges due under the Nae. �-r:---
<br /> 2. Ba�ds tbr 13�:a sd I�r�ee. Subject to applicabte 1�w arto a wnuen wa�ver by La�d�r.Baiawer s1�tt pay to _- ._
<br /> � Len�kr an the day monthly payments ar�due nnder the Note.una7 tbe Nae is paid in fu11.a sum("Fwtds)fa:(a�Y�Y � v�- -
<br /> ,�•. - [�xes and asse��++ts which may atram privrity over this Security 1�swment as a lien on tiie Ptoperry:(b)yeariy leaseBold ��_--
<br />� pryments ar gruaod.n�nts on the Ptuperty.if any; {c)yeuty harard or proQerty insurat�premiwns: [d)yearly flood =__-_- --
<br /> . " inwr�nce pcemiums.if aay.(e).Yea�iY mortgaSe insaiance premiums.if any:arid(f}anY swns PaYable tsy Bo�mwer ro �-___ -�
<br /> - '""' Le�der.in ac��ordance with d�e P�uvisions of patagr.+�i�8.in lie�of the yment of mortgage inwrance premiums. These °-�------_-
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<br /> ,� items are calted"Fscrow Items." Lender maY,at any 6me.coilect and Iwld Funds m ao amoant�ot to eacxed�he rnaximum �-�_._;-_ -
<br /> amount a terrder for a federaIIy i�Lated mor[gage Joan may.requue for Barower�s escmw account under the fedaat Rrdl ��'{>�=.-
<br /> .",t r+"',li-�:.:—
<br /> - �State Senlemeot p�pce�s Act of t974 as amended from time to time,l2 iJ.S.G$2601 et seq.l"RESPA°).unless another ��=:�
<br /> - . . tavr that applies w ti�c Fa�ds sets a lesser amount (f s�Lender may.at uiy ume.collect and hold Funds in an amoune nat co .,,y`:_..
<br />_ . .*,;.,'� exceed the tessec� Lendec may es6mate ihe a�nount.of.Funds dus un t t ti e 6 a s i s o f cuaent data and r+eas�na6le H;a«�..�._-
<br />- ._ :' �' estimates af a�endiaues of futu�e Eumxr Items or atJiervYise in accordance with applicable Iaw. • _��,:_;.`:
<br /> . , ' The Funds�hall be treid ia aa msptution whose deposits ane inwred by a federal�genry.insuumentatityr.ot�tity �_;`.,_.
<br /> - (utcluding l.endcr.�f I.ender is sucFi an mstitqpon)a in any Federal Home Loan Bank. txnder shatl apply the Funds to paY `�r:--•.�.
<br /> - ' � the Fscmw Ctems. l,endei may�c�rge Bannwer.for hotding and apph�nS the Fund�annuaUy anatYting the escrow ;:°_� _
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<br /> ,_ . . .,�,,. � acc�unti or verifying the Escrow ftertrs,Untess Leader pa�rs Barrower intetrst an the Tiinds'and applicabte taw permits _
<br /> ` ���-�''•,�r' � � Lender to walce such a charge. HoRever.Leu d e r maY recluu+e Bormwer to Q a y a o n e-d m e ch a r ge foraa.in d e p e n d e nt reat .. __
<br />` ' _ '.�""." ' -estate tax repoRinS setvice used bp��,enda in caatre�t'son with this loan,unless zpplicable law Qrovides Qthecwise. lJnless an ._. .�_. --`<i=-
<br /> �`_:a,� -., :: :_ agreemen4 is made ar applicable tavv requ�tes intecest to be paid f.ender shalt uot be zequired to pay 8ormwer any intert�star. •, , �`�,
<br /> =:;..�- eamings on tlie Fuads. Borrower and t.cnder may agree in wrEsns�.hou�ever,tbat intcrest shall be pa�d on the Funds. Lender - �
<br /> '� .`; :• <. shall give to$aaower•�ithout chatge.an annual accounturg ef tt�'Fands.showing crediGs aad debits to the Funrts and the: .�_.
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<br /> `.+:` ; �'` purpose for whlch e�i debit io the Funds was made. The Funds are pled�d'�s additional securiry for all sums secuted.by . . •,�-
<br /> ;' � �� 't � this Security lasuumart : � �; .:. f u_
<br /> ' If the Funds heid by Lender ezceed the�muats permitted to be�.��applicable law.l.ender shall account to _ _
<br /> �s;�,.;:; �''?' . Borcower fur the excess Funds in accordance��s tfie requirements of appFcca�'_`�law. if tfie amouac of the Ponds hetd by `: ;.r��
<br />,ifi;'.�.� . y��.r�:__.��� � . . � _srte.�
<br /> ' ,• �,,�'._ ':.�. l.ender at any time is not sufficic�t co gay L'�e:�s e r uw items w-h e n due,L e n d e r m a y s a�i i T y B a c r ower in wrian g.and:.in . --
<br /> . ..�_`°-• - . such case Bomnwer shall pay to t�decaYre".�rs?unt neoes� tfl make up the deticienC}. Bormwer shall matce aF the , • �..
<br /> " � deficiency in no more than twelve monthly p��s.at L.ender's�ote discrcrion. _ , ° �'
<br /> . . . . .. � Upon payment in futl of all sums secure��i�his Securiry Jnstrument,Lender sha11 promptty refurtd to Barrower any .'�
<br />_ � � ' FundS helA by Lender. If.under paragtaph Zt.E�ader shalt a�qeiire or sell the Ptoperty,l.ender.prior'ra•tfce acquisitian or . . .
<br />. � � . . � sale aE the PropeRy.shall apply any Funds held by Ixnder ai the time of acquisition ar safe as a credit against the�uns • . . .`-
<br /> �. • secured by this Security lnswmep� �..` ' --
<br /> � ' 3. ApplkAtion ot Payments. Uniess applicable law provides othenvise. all payrtents received by l.ender urtder � :
<br /> �•• . paragaphs 1 and 2 strall he applied:firat.to any prepayment charges due u�er thc Nate;second.to amoun�s payable under F'`� • _
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<br /> ' - ` � paragraph Z;third.to interest due;fourth,ta pdnc�pal due:and tast,to any lutecfisrges due undcr thc Nate. ,; ,
<br /> - ' '� a, Charges; €.�,ms. Hc�rrawer shall pay all taxes.assessments,char�s. fines and impositions attributable to the
<br /> � - - - � �Pteperty which may attain priority over this Secunry instrument.and IeasehaT�payments orgr�und ret�rx,if any. Borrower . . ,�. ;:-=
<br /> . • shatt pay these obligauons i�the rnanner provided in paragraph 2.or iP not paid in that ra�r�er_$am�aer shall pay them r�n .,�.::: �., .
<br /> timedirectly to the person owed payment. Borcower shall promptly fumisb to i.cndcr alf r.�t:�:a:�af�.ncur.:s to be paid u�tder �:,:,�.;•. .
<br /> , • . 1 this paragraph. lf Eo�rower makes thcse paymec[ts directly.Borrowcr shall promptly furttisi'✓�i�rcd�T�rr.�iptw ev�dencing . '�::;;<<'rf�.�;�,�.;
<br /> . j the payments. . � .. , `-?.•,�^;�:�r;.
<br /> J �eirc�er sitxII g,rompdy discharge any Iten which has priority over ihis Security lnstrument untess Si�irower.(a)agrees � • :��•
<br /> , � �� j in ant�rig ta��payment of the obligation secured by the lien in a manner aceeptable to Ixnder:(b)wntests in guod faith the s _ - .;�,-„
<br /> ''•` � � liep�y.or defends against enforcement of tde lien in.legal Fr��in�w which in thc Lcnder's opinion operate to gre4ect�the ¢ � . =!� �
<br /> ' • ` enforcement of the lien:or(c)secures fram the holder ot the�n an agecment satisfactory to Lender subordinating t'��e,�:en . , '-"` '
<br /> � � to this Socuriry lnstrumen� lf l.ender deteamines that any part af the Proper!y is subject to a lien which may attain priority i . .
<br /> • � over this Security Instrumen�.Lender may give Borrowcr a notice identifyinL�e licn. Borrawer shall satisty tha lien or take E.
<br /> � ' one or more of the aetions set foRh above witbin lO days of the giving of nocic�:, �
<br /> � 5. Hazard or Property insuraeca Borrower shall kezp the improrements now c�:s�ing or hereafter erected on the �
<br /> ' �, Property insured against loss by fire.haxards included withitt the term"extended cnverage� �d any other hazards.inetading : ,
<br />. .- � - floads or Qooding.for which Lender requirec insurance: This insur�nce shalt be main.a�ncd in the amount,g and for the j . , .
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