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<br /> �.SWt11C0�. �1 Of t�1C f0[ta0ttl$�S lE�CRI'�IO IR E?US S�CI�[lty�dStfllmEflt iS 111C��OQ![lii•� c ._ ,
<br /> , , BORR�WFR COYENANTS thu Bamwrr is I�wfully seised of'the estate 6eceby oa�vcyed and I�as tfie right w grant -
<br /> ` . arid coavey the PropMy uid.thu thr PropeRY is uncacumbeced.exapt for cncumbraaces of necord Barower wurants and
<br /> -- -- wiil defend garer�lly itr 6tic w the Ptope�ty againat alI claims aad deanads.subject to any ehcwt�hn�es af rcaad '.�
<br /> 77iIS SF�CUItTfY 1NS1811MF.NT coi+►bines.uaifann covet�n[s for natinnal use and nan•umfam rovenants wid�
<br /> v tu constitute a unifonn security instrume�covering re�i pt�peny. _ .
<br /> � i'united_arsatians_6y!)urisdictiou . --- _ _
<br /> � UNIFORM CQYENANTS. $b[rnwer�fd Lender caKero�t and agKe as follows:, —
<br /> . i� H�y�al of PriK'ipd a�d INeresE:Prepyniert s�d I.ate C�sr�es, Batrawer 5t�+}��y wy wt,�a��
<br /> pri�.apa{ofand interrst at tAe debt avidenced by the Note and anY P�'�P�Y�m and tate chuges dua un+3�du Nae. .
<br /> 3. F�ds to�'[�e��sd L�w�oG Subject to�pplipble Isw or to a amtten waiver by Lender,Borro�rer sha11.{�y to
<br /> Ldtder on�day monthlY P�yamnts�c+c due under�he Nate,uatil the Note is paid in full,�.sum("Fia�ds")for:(s)yeu1Y .
<br /> 'tues aod assessmm[s wl�icb may auam pioritY ove,�tbis Sauiiry Wstrument as a lirn an the Propercy:(b?Y�1Y�� .
<br /> � payments a gruur�i�nts on.t6e.Pmperty.if arty:t�) Y�Y �a ProPMY insuranae P�mt�s: (d)Y��l' �
<br /> _" _ �rance prcmi�uns,�f any: (e)Y�Y�5�8���P���f any;aed(�anY �WY�bte by Borrower to
<br /> -' t+ender.in acwrd�r�ce vvith ihe p�nvisions of psragrrph S.in lieu of tue paym�ent of mortgage insucu�ce pt+em�ums 17xse
<br /> - � ioems�e calted"Esc�ow Uems° I.ender msy.at any time.collect and lwld Funds in aa amount not to sxcaQ th�maximum
<br /> -- amount a tender for a fe'Aeraliy nelattd mortg�ge taammay coquue for Barower3c escmw ncconnt undes tl�e fodtral Re�l '
<br />�`'f- Estace Settkmept p�vicedu�es Act of 1974 as ameMed fran time to time.i2 11S.C.$2601 tt s�q.("RESPA'�,unkss anotber
<br /> . law that appl'ies w the Fuads sets a Issser aiaomtt. If so,l.ender may,at any ame,cdlect aad hold Funds ia aa aa�ou�t nnt to
<br /> -- exceed d�e lesser amowY. I.eiKkr maY estimate We aaaunt of Funds due oa tUe hisis of canent dat�and reasonabk
<br /> >�.- ' •�of ex�endimrcs of fup�Esciow Itea�s or aherwlsa in accard�nce with applicabie law.
<br /> en
<br /> -- ' The Fwids s1wU be�eld in an institutian wlwse depasits a�c insured by a federal agency,inswmentaliry.or entity
<br /> --'' (including l.eoder.i�L`ender is such�n instimaan)a in any Foderal Hane Loap Bank. l.ender si�all appiy the Funds�w . .
<br /> . � the Escrow Items. l.ender may not charge Bomower fac holding and applying the�unds.aunually anaty?ing'
<br /> acxAUnt,or verifying the Escraw items. unless I.ender pays Borrower intenest on the Funds and applicable law permIts,
<br /> ' ' ;��. L¢nder to make suc6 a charge. However.Lender may require Banower to pay a one-time char8e fq an independent real �
<br /> - .'_•,� estate tax ceportin8 service used by LenQer in conrtectian�with this toan,uNess spplicabk Iaw provides ahe�wisc. Qnless an -
<br />• �=:,; ` .��� agreer�e�u is made or appGcabk law requires interest to be paid.Lender shall not 6e reqaired to pay Borcowor any incexest or
<br />-_°:�;:�`-r. _ ��' eaminSs on the Furjds. Bo�rower and Lender may agroe in wr�ung.however.that uwerest ehall be paid on the Funds. Lendec
<br />-`'f`'� - st�tl give to Borrower.without charge.an annual aeconntirtg uf the Punds,showing cmedits and debits w the Funds and the
<br />:,, ; ; _ purpose for wtuch each debit to the Funds was made. The Funds are pledged as additional securiry for all sums secured by
<br /> : , tt�is Secudty Insnomen� - . _
<br /> -� If the Funds held by l.ender exceed the arncwnts permitted to be held by applicable law.Lender sha11 account tQ
<br /> '�' Borrower for ihe eacess Funds in accordance with the requirernenu af applicable law. If the amount of the Funds held by
<br /> `� l.ender at aay time is not su�cient to pay the F.scrow Items when due.l.ender tnay so notify Borrower in writing.and,in
<br /> �. ." �r sucfi case Bormwer shatl pay ta Lender the amount necessacy to make up the de&ciency. Bormwer sha11 make up the �,�_
<br /> �` 1 � �ciency in no mare than tweive monthly payments.a�i.ender's sole discretion. �_.: _
<br /> ` `=� � Upon payment in full of a!1 sums secured by this�ecuriry Insmrment,l.e��shall promptly refund tn Soaower any ---
<br /> � � z;�� Fu�x1s hetd by I.eader. I�under paragrapb 21,l.ender shall acquire or sell the�roper�y.Lender,prior to the acquisitian or �`,,��_
<br /> _ sale of the Fmperty,shall apply any Funds heid by Lender at the time of acquisition or sale as a credit against the sums •;'�.;��`.-
<br /> � -� �� secured by this Security insuumen� '�::�� �`'�-_
<br /> • •�c:. 3, AppBcation o(play�aeats. Untess applicable law provides otherwise, all payments received by Lender under
<br /> � paragraphs I and 2 sha116e applied:first.to any prepay�t charges due under tbe Note:second,to amounu payable under �;�,,�( -�,
<br /> 't . ,� _V CA:' .�F."
<br /> �. . paragraph Z;third,to interest due:fourth,to principal dae:and last.to any late cl�arges due under 1he Noto. '--��.,;,,
<br /> ' � �`� 4. CDarses;Lkos. Honower shall pny all taxes.assessme�u,charges. fines and imposidons attributab1e to the �:'..��''';:
<br /> :,.:},:, .:._�-
<br /> •'1`5�:;4�; '?;:`��:�,. Ptoperty which may attain priority over this 5ecurity Insm+lnent.an�ieasehold payments or gr�3rents.if a�ry. Borrower . °.�f:.. .-
<br /> � . ,,,;,,
<br /> ,, shall pay these obligatians in the manner provided in paragraph 2,or if nat paid in that manne��irawer shall pay them on
<br /> � ��=� time directly to the person owed payment. Borrowec s�all prompdy fumish to l.en�tr a11 notices of amounts to be paid under • .
<br /> . �•' � �his h. If Borrower makes these a en�s,d4rectl .Borrowelr shall o it fumisb'to l.ender recei s evidencin .
<br /> , . DaraBr�+P P Ym Y Pr � Y �, g .
<br /> :.,t,_.,;,,; ihe payrrxmts. ' ��.�:
<br /> Borrower shall prompdy dyscharge any lien whieh ha.c priority over this Security Instrumetu.untess Borrower:(a)agees
<br /> •i��st,:E:. - ...._..
<br /> .� .�� -��;>r� ' in writinp to Ehe payment of the obligat�on securecf by the lien m a manner acceptable ta Lender.(b)eontests in goocl faitte�5�� " �, ;:�,.
<br /> �f�� • tien by.ar d�fends against cnforcement of 1he lien ia,legal proceedings which in the Lender's opinion operate to preverr,�c��. �_,::�
<br /> " enforcement of the lien:as.(c?secur�s from the hoJder of the lirn an agreemeet satisfactory to'Lendes aubordlnatiag the iie» �
<br /> ,4 ' • to this Seeui�ty Insuument gf iRmder detennines that any part of the PropeRy is suhject to a lien which ma�r 2ivain prtority �. . -
<br /> �. t over this 5acuti ry Insuument,�.ender ma y glve Boaower a notice identifying the li�n. Borrower shall satisfy the iicn qr takc
<br /> �•��:; ��'���� one or mare of the actions set'fonh above within 10 days of the giving of not ire. �. �
<br /> > a�:''�''"�';':::.� S, Hazard or property Insurauo� Borrowcr shall keep the improvemenis now existing or hereafter erected on th: ;
<br /> :.i-. ... ,�•_ � ,,.,.. �
<br /> .• `�'�,�?h,.•^.,�.;`':• Property iauured agaInst loss by�re.hazards inctuded within the term 'extended coverage"and any other hazards.including
<br /> . � -.��:,.�.-. •: tloods or tlaoding.for which l.ender requires insurance. This insurance shall be maintained in the amounu and for the ,
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