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<br /> TOGETHEI�WITH nll�hc improven�ents now or hereafter crected�n th�praExrty, nn�f iTfl c�scments,nppurtennnces,mul
<br /> fintures a.o�v on c�rcaftcr u pari of thc property. All rcptaccuicnts and iidciitiuns sh;�ll cilso be covend i�y thls Sccurity -
<br /> Instruuicnt.All of t0c foregai►�g is rcfcrrcd to i�i this Security Intitrumem av thc"F'mpr.rty." �-
<br /> t;UtittO�'VF.R COV�NAN'�'S tliut Boyro�vcP is I;�r�fu�ly ss;ised uf�hc cstatc Itcrcby ronvcycd aud I►�s thr ri�;ht tn Frnnt and �°•
<br /> canvey the Property and thnt the Propc,rty is unet�cu�ub�t'�d, except for encumbrunscs uf record. Bnrro�ver w�•ituu� and wlll =
<br /> dc::.rd�;�ner�!!y t[,c�itic tn�h�P��peny neaiiut�ll c;lnims and dcmands, tiuhjcct to uoy c:ncu�fibrnns�s of rcc:otvl. _
<br /> THIS SECURITY INSTRUMENT combincs uniform covcnants for niutonal usc und nnn-uniform cavwr►raus with limited
<br /> variadans by jutisdiction to constitut�n unifonn sccurity instrumcnt covcrh�b rcal praperty. =•
<br /> UNIFORM COVENANTS.Dorrowcr nnd Lcndcr c�vcnunt anJ ngrcc ns i'olla�vs:
<br /> 1. �'ayenen� of i'rincipal and interr:,i; �'iej;wyi��e�iE uiad Q.aic �hai��c.�. ilat�ro���cr sh��ll peomptly pny �yti�en due Ihe �-
<br /> principa!of and interest on thc debt evEdcnccd by►he Nutc and any prcpaymcnt nnd Intc chnrgcs du,•un;St.r thc Note.
<br /> 2. H�nds for Tsx�;und Insurance. 5ubjcct to applicublc Inw ar to n writtcn wttivcr by Lerv1:�, t�c�rro�ver sliall pny to _
<br /> Lc:ndcr an thc day monthly payments ure due under the Note,until►lic Nute is paid in full,n sum("Funcls")fas':(a1 ycar�Y taxes
<br /> and assessments which may attain priority ov�r this Sccurity Instruiiunt a.9 u�icn cm thc I�ropeny; (b)y�.�rly leasehold payments
<br /> or ground rents on the Prope:rty.if niiy;(c)yearly hazurd or property tnsurance prcmhams;(d)yeariy flaod insurance premiums.
<br /> if any; (e)yearly mangage insurance premiums, if any: und(fl any sums payable by Borro�veK ta�l.ender, in uccords�nce with —
<br /> tLo provisions of parasraph 8, in lieu of the payment of mortgoge insurance premiums. Thes�item9 are called "Escrow Items."
<br /> Lender may, at nny time, collect and hold Funds in un amount nat to excecd the maximum nmount � lender for a feder�tlly
<br /> relatcd n�ortgnge loan may r�quire for Borrower's escrow accaunt undcr the federal Rcul Estete Settlement Procedures Act of
<br /> 1474 as amendecl from tii.i��to tinie. 12 U.S.C. Section 2601 et seq. ("RESPA"), unless unutt►er luw thnt applies to ths Funds
<br /> seis a lesser a�nount. If�o, Lender may, at any time, collect and liold Funds in an umount nat to exceed the lesser amc►unt.
<br /> Lendcr may estimate tl�e��mount of Funds due on the basis of currcnt ciritu und reasonable estimcttes of expenditures af future _
<br /> Escrow items or othenvis,in accord:�nce with applicable law.
<br /> Thc Func�s shall h�e 'held in �n institution whose deposits are insured by n feder,d agency, lnstrumcntality, or entity
<br /> (incli�ding l.t:ncler,lf i,ender is such an institution)or in uny Feder.el Home[.oan gank. Lender shsxll apply the Funds to pny thc
<br /> Escrow Items. I.ender may not char�e$orrower for holding and applyin�the Funds,nnnuully analyzing the escrow accoan¢,or
<br /> �•erifying the�'scrow Items,unless I.endcr pays Borrower intcrest on the Funds and npplicuble law permits Lender to make such
<br /> a et�arge. Fiowever, Lender may require Sorrower to pay n one•time charge for an independent real estate u►x reporting service
<br /> usrd by Lender in connection with tlils loun, unless applicuble lu�v provides �therwisc. Unless nn ngreement is made or
<br /> applicublc law reAuires interest to be psild.I.ender shall not be required to puy Bonower any interest or eAmings on tha Punds.
<br /> liorrower und l.ender mp.y agree in writing,l�owever,thAt intei�est shall be puid on th� Funds. Lender shall give to Burrower,
<br /> ovichout cliarge, un annu�l accounting of the Funds, showing credlts und debits tu the Funds and the purpose for which e�ch
<br /> debit t�the Funds was snnde.The Funds are pledged as udditionnl sccueity for ull sums secured by this Securlty lnstrument.
<br /> If the Fttnds held by L�nder exceed the amountF permitted to be held by appltcabie iuw, iendar shnii accouni iv Burruwcr _
<br /> for the excess Funds in ucwrdance wid�2he requirements of applicable law. If the umount of the Funds hold by l..endcr at iu►y =--
<br /> time is ttot sufficient to pay the Escraw Ctema when due� Lender may so notify Borrower in writin(�,attd,In such case Dorrowcr
<br /> shall puy to L.ender the amount necessary to make up the deticiency. Borcower shall make up tho dofcciency in no more thnn
<br /> twelve manthly payments,�t I.�nder's sala discretion. ___.
<br /> Upon p�yment in full of all sums secured by this Security Instrume��t, Lender shall pramptly refund to Bonower any
<br /> Funds hold by l.,ender.If,under paragraph 21,I.ender shal!acquire or sell ti�e Property,Lender, prior to the acyulsltion or'sale
<br /> of the Pruperty,shul�apply any Funds held by Lender at the timc of acyuisition or salc as a credit ugn�nst the sums sccu►r:d by
<br /> this Se,curity Tnstrument.
<br /> 3.Appllcatton of Payments.Unless npplicable Inw provides othervvise,all payrrients received by I.ender ur.dzr paragruphs
<br /> 9 and 2 shall Ix:applied: first, to any prepayment charges due under the[Vote;second, to nmounts paynble under paragruph 2;
<br /> third,to intemst duo;fourth,to principal due;und last,to nny lute chnrses due under the Nute.
<br /> 4.Cl�trge.v; I.lens.liottower shall pay all taxes, ussessmcnts,churges, fines and impositions attributable to thc Pr�p�rty
<br /> which may atttun pnonry ovor cnis �cx:uri�y iusi►uuioni. .u�u icaaciivi:. 'a'..���:s�:°'".."c3 :::�� :�»:•. .°�^.'�•��: �"w�� °"°
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<br /> thesc oblibations in the manner provIded in paragraph 2.or if not paid in that manne�.Rorrower shall pay thcn�on tim�directly
<br /> ro the person owed payment.Borrower shall promptly furnish to I.�nder all notices of amount�to be paid undar this paragraph.
<br /> If$anower makes these p�yments direcdy,Borrower shali prompcly furnish to Lendor recelpts evidencing tha puyments. _
<br /> BorroeHCr shull promptly discharge any licn which has priorit�over this Security Instrument untess Bonower:(aj agrrrs in
<br /> wrltins to th�payment of the obligation securecl by the lien in a manner acc�ptnble to I.ender;(b)contests in good faith tfie lien
<br /> by, or defends ngainst enforcement of the lien in, legal proceedings which in the i,ender's opinion operate to prevent the
<br /> enforcement of N�e lien; or{c) securas from the holder of the lien an agreement satisfactory to Lender subordinating the lien to
<br /> this Security Instrument. If Lender determines thut any part uf the Prope�ty is subJcct to a lien which may attuin priority over
<br /> this Securlty Instrument, Lender may�ive Bon•ower a natice identifyinfi the lien. Borrower shnl[ satisfy the lien or tako one or
<br /> more of the lctions set forth abave within 10 days of the giving of natice.
<br /> � Form 3028 9190
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