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<br /> 1'�n�:1`}IL?f3�V17`H till t��a irnYjmvesnt:aES noe�op ilerclftcr erectaddiUo seshall al�so�t�e cov��ed by ���ri�y In�ubnent. .
<br /> -- ---� i'ixtures now an c�tcafl�r a n'ttt of 9ltn propeaty.�AU replaccmcnts t�nd -.,-`
<br /> p�Qq�hn fnregofng is referced to in thi�Sc>CUdty inst�tment a9 Uie"�copc.rty.'
<br /> . � . BORft01N�R COVEN A N T S t hn t IIa r t o w c T i�i n w f u l i y s e l s e d o€t h e c s t a t a h e r e b y conve ycd end hss tiu ig�: �a gr^•.rss e:s�
<br /> _ ., .. � convoy Qie Pro{►�rtY and that tho Pr°�' ie unonaumbe�ed, eacept for encum6rnnces af record. Horrowcr ww�rar►to An d�w i l D ,.
<br /> defend gencmlly�he title to the 1�ropatY a�nin�t e11 cl�ns and demenAs,sub}ect to ar�y cncumbrances of record.
<br /> TflI5 S�.(:UliliY ll�1S3`12UI47EtV"D' cttti�tiint:� tu�lfoml covfm�tr►tt� for nnflonal use a�►d nas►-unifom► covenants with llmited
<br /> !f+��;_.__; vartailons by judsdkdon ta canstituta a unifarm sxurity inswm�nt cvvcrin8 real PmlxnY• '_'_
<br /> �;r;�+�� UMFQRM COVEhiAN'tS.Bormwur and Lcnder covcnant anA agras as foliows: whcn due the �'•'��.
<br /> _ __w,-,- �.ppyment of Princip�l and Interest;I�epayment arod LAte Chargnesnt����g�duc undcathc No;e. ��;'�
<br />- .�_.�, principal af and interest on tho debt ovixiE+na�by the Note and any prepay •,.
<br /> : ';� 2,Funde Por Tanes snd Insur�n�. Sub,�ct uo upplicable law or to a written ws+iver by L�nder, Sonower shall F�Y « .t Y_
<br /> :•,:.r�'�:,..� L.enda oa th$ds►y manthlY I�Yniento aro duo and�r the Note.unal thc Note is paid in full,u s�un("Fands")for.(a)Yeu�ty taxes _
<br /> and assessmenta which mny attaii►priariry oveT tt�is Se,curiry Insmiment as a licn on the Prop'.rtY:(b)Y�ly teasehold payments ���
<br /> ,.�"' .�. earl tloocl insurzncc preminms�if _
<br />`�'f�1'�':��,, ar grannd rent�on dia Pro p e r tY,i f a n y:(a)Y a t u 1 Y hmlaid ar pro p e rry insurancc premiums:(d)Y Y �,.�
<br /> �-�,-� . nnY:(a)Yo�rly mortgago insutancsi preniiuma,lf eny�end(�Rny sums Payable by Borrower to Lend�r,i2�ccar d ance w i de I k o --
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<br /> -.? !..a:`{f r provi�ldns of paragraA
<br /> I ..• ,., h B, im Ueu af tho payment of morP�a fusurance Premiums. 'Ihese items ar�crillc�d°��Qw It�tnn." �•�-
<br /> .g`:����` Y.endes mny,at ony time.coUt�ct and[v�n5�i Funds In an smount noc Go exceed Q►e maxim�cm amount a lender for a federallY related _
<br />- T _��,., � =
<br />_�=�:��:.= mo�t�►go loan may raquim foe�3acmwer's escmw eccount under the federal Real F.state Settlemeal'�Proctde����89lesser =—
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<br /> ^ u�c;;�.ro�her latv that a�pP�
<br /> �1:��-'.. amended fmm qme W dma,l2 U�.�.Sec6oa 26111 et sxq. (RESPA"). � _--
<br /> :-�;��taa amounz, If so.I.enda may>3t iinlr tiPne,collect end hold Flrnds in an amau�2 not w eaccxd the lesser amount� Lender may --
<br /> �;.;,;r.,-}:., cs�mat,e the amuunt of F�u�ds due Q�che basis of cwrent data and reasonab1e esrimIItes of ea��ntLt��s of future Escrow Items or
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<br />—��-ti;`'' othawise in ac,cordance with applicabls lr.w. including
<br />�;t�4:`�r The Funds shtiU bE E�eld in an insdtudon whosc deposits are insured by a federal a8ency.ir�stnunenmlity,or entiry( _
<br /> ��-_ — ?�ender.lf Lender i.��:�G'��n insdWdon)or in:ray�ederal Home Loan Bank.I.ender shall aPPly the k'�+ads t�pay�he Facrow
<br /> =�`�;,-�, Itemg.L�ender may not chnrga Dorc'ower for holding nnd flpplying the Funds,annually analyzing the e.°cs�°vl�+c°°unti or ver[fyln8
<br />;:::n,:;;`;;,: �ti�Ec��v qe�ns.unless i.ender�rflys Ba.;�wrr mtarest on tfip�nda end applicable law permits Lr,ndex to��ake 3uch a chaego. ,
<br />_-- - Howev�,i.�ndar may secf►�re Bo�wer to pay a on�dme c�r�e for an indcpendcnt rcal eatate tax repordng servica used by
<br /> ::��_ I.end�in ca�cnectia�n wi3h this loan,unless applk:abk 1aw providas othuwLse.UNess an a�etment is made or appllcable law
<br /> ___.a.,,� nauines interest W bc paid,Y�ender shall not be recluired to PaY Borrowu nny vinterest or eaansn8s on the Funds. Borrower and
<br /> -= `_,�,�,�.� L,endcr rtnny eBrx in wriang.lwwevu,that lnteresc shati oo�aiu u��ih�:suids.LAi'.::.r CIIAII�IVC�D BOIiOWCt.without charge,an
<br /> -�,.�� annual accour►dng of the Funds.�a�su�ng credits and debits a�t�e F1mds end ti�e purpose ffor which escl�dsbit w thc Funds was
<br /> _-_'_.,��f madc.'if�o Fua�.,an Pledgtd as atl�i�nor�l security for all swn�secured by th�s S llc b o Iaw Y.ender shall eccount to Borrower for
<br /> If tho Fuads he]d by I.ender eaceeil the amounts permittsd to be t�eld bY aPP
<br /> -- tha eacess Funds i�accordance with the requtremen�s of eppllcable]nw.otrowe,�r u�nwrld geand,in s ch c�se Roncowcz shall[�Y
<br /> =- — ��ie�t w pyry th��scrow Itsms whr,n due.Leudcr may sa notifY
<br /> to t�kr tha emcwnt necessacY to malce up the deficiency. �tr�ower shall m�1ce up tho ileficiency in no mo�thnn lwolv8
<br /> — monthlY PaYments�at Iraxler's solo dLscrcdon.
<br /> — UP�1�Y�t m�ull of sll suma socured by this Securiry inst�ment,Lender shall promptly refund w Baxower any Plueds
<br /> — held vy I�a�da. If,under paragraPh 21,Lender shall ac9uire or sell tha Ptoyeny.Lender.Prior to the acqe�sition or salo af the
<br /> piopaty,sbaU apply any Fur.ds txsld by I�enda at the dme of ecquisiaon or sa!e ac a credit against the sums sxured by this _
<br /> Secur[tY��� aus rectived by Ler►da undu paragrnp!►s
<br /> 3.Applis�tbe o�P�'menta. Unless apPl�cable law provides otheiwise,all{�aYm
<br /> - --- - - � and i snau i,e nypL`�::a"'�..�°.�;�w;,menr charaes due under thc NoGe:second,w�►mounts payable undu�2:
<br /> -- -- thlrcl,to intucst cEoe;IFuurth,w prlc►cipai due:aind Zast,to�eny late cherges due under the Nota.
<br /> --- — 4.Charsea,Y •m�. Borrowa shall PaY aU taxes� assrssments,ci�aeges. fines aud impasitions attributabla tn the Propexty -
<br /> whieh may auain P�. r�ry ovu thls Security Inshvment,and�easehold payments or gcound rents�if any.Botrower st�all pay tt+es�
<br /> -- obligations�n the manner Providett sn paragraph 2.or[f not paid in that manr►er.Bomuwer shall jsay tlum on time direcdy w�the
<br /> — p�r�oc�mwed paynn�n�.Bacrow�r shall pcomPtlY fumish to Le,ader all notices of emounts to bo paid unda tl�s paiaBiap
<br /> �wa makes tAc,QE wayments dlrxdy.Borrowu shall proc►spQy fumish W Lead�x roceipts evidencing the payments.
<br /> — Borrower si�all pr�mptlY dis�har8e a�''Y uen which has priority ova tAis Security Insuument unkss Aarower:(e)agcaes in
<br /> — writing W the paYment o�tt►c obligsuion Sec�ued by tha lien in a manner accePtable to I.endcr;N)contests in good faiih Ihe li� .
<br /> �y� pr defp�ds against enforcement of the lien in. legal pmooedin8s which ic► th�Y�tnder's opituon operate pr�
<br /> onforccment of ths lien�or(c)sacures from the holder of the He,�an aF,ccement satisfaetu'rY zo Lenda subotdinatin�the lien to •
<br /> — thls Socurity Inatrwnen�If I.eadcx detamines that any pa�t of tt►o Proputy is sub,jcct to a Ii�an which may ettain pciarity over this
<br /> ----� ���y��q��,I,ender may give Borrower a notice idcndfying t1M lien.Borrower shall sadsfy 4Le➢len or take one or more
<br /> -- �-- —v- - of the actions sct fo�tf�above within 10 days of tho giving of natioe. Fo�m 5020 91�0
<br /> '---.�rn Initlll�:_. ._..�
<br /> -_-==_--- �j •6RQNE�I���l.o� �neeso�e
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