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<br /> TOtiE'j'EiER Vli'd'H all the imprmveineats now or�reafter erected on t�e property,and all easements,appurteuances,and ��;�,:
<br /> fixtures uow or hereafter a part of the prnperty. All tgplacemenu at►d addi6ons shall also be covered by tfus Security �
<br /> tnstnamaat.AU of che foregc�'sng is mfemed to in this 3�urity InStrument as the"Property." —�-
<br /> BOP.ROtVER COVENANCS that Borrower is lawfully s�ised of the estate hereby conveyed and has che right to grant and �"
<br /> — convey the Frogerty mt� that the Pro�ertY is unencumbere�. except for encnmbrances of record. Sorrawer warrants and rritl �— .
<br /> defertd generaUy the titte to the PropQriy a�ainst all clauas and demands,subjec¢to any encumbrances of reaord. �"�'_
<br /> . ; THIS SECURTPV INSfRUMENT wm6ines uniform covenants for national use and non-�ni€vrn►covenants vrith limited �
<br /> � variattons by juaisdiction to oonstitute a uaiform securiry inswm�..nt cevering r�l property. �.�.
<br /> � � UNiFORM COVENANTS.Borrower and Lender covenant and agree as follaus: _-_=.
<br /> •` . 1. Paytnent af Pe3n�pa1 and 1[intere4t; Preg�yment and Late Cba�es. Borrower shall promptly pay �ruhen due the
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<br /> .��� ptineipal of and interest on the debt evidenced by the Note and any prepayment and late charges due unde:the Nate. �'`f.�
<br /> �:�_' �, F'undy g�=Ta�and inc��M�, Subject t�app li c a b le law or to a wri tten waiver by L e n c f u, B o r r o w e r s h a!!.p a y t o ���
<br /> Lender on the day monthly payments a�drte under the Note,until the Nate is paid in full,a sum("Funds")fcv:(a)yeariy taxes -_ -
<br /> and ass�sments which may attain priarity��,rer this Security Instrument as a lien on the Property:(b}yearly Ie.ns�told paymeats �fi :
<br /> ' or gmand reots on the Property.if any:(c)Y�r1Y ha7and or property insurance premiums;(d)Yearly floa@ iAauctr.ce premiums, ���:_
<br /> . if any:(e)Yearly mart�ge insurance prsc:uums,if any:ae�d(fl any sums payable by Borrower to Lender, ia ascardance�vith =-_
<br /> thz pruvisions of para�saph 8,in lieu of t�e payment of martgage insurance premiums.These It�s an called"Bscrovr Itpns."
<br /> , � LendPr ra�y.ut any t�me, coliecx and I�L� Funds iu an amount not w exceed the maximn�x�um a lender for a federall3r =_--
<br /> ° �`' retated mortgage loan may require far II�*nawer's escraw nccount under the federa.l[teal E..�»Seetlement Proceduc�s Acc'af -��-
<br /> 1974 as ametsded from time m time. L2�T.�_C.Se�ca ZGOI et seq.("RFSPA"),a�!ess another law that apgli.es to tbe�"ur..�s r��n;•
<br /> sets n tesser nmount. if so. Len,�er��.��y ti-�u:tl�aad�u!d Funds in an aawunt not to excecd tt�le�er am�r.�. =•.�,
<br /> . L,ender may esti�ate ths amouas af E��:�cn ti•r.'.x�s..q af cu,.�r.e�,t data and reasonable eLti,_'',at�s aF ex�adi�a€�.� �:..
<br /> Escrow It�ms ar otherwise in aocaed�sr`��c�£r�`��=�=�..�+- �;_
<br /> The Funds shall be heid in � �s�._� �L�e�3eposits are instued by se federal ..�..�r. ics�ity. or entity ;.-.=_--
<br /> (inctading Lender.if Lender is�ch aa.��::�.:�n;r,c s�zny Pederal Home Loaa�1s.Len�r s��'�-,�.�::�pl�iL�r:.•��un�s to pay the �`_�:;�
<br /> ; Escrow Items.Lender m�y not ci�ac�e�wer for holding and agplying the Fw�d.s,annually�3r�ng the�ciaw accour►t,or
<br /> , � ' verifying the Escrow Items.unless i.ea.d�pays Borrower interest on t6e Fands and applica6te f.;;�r gemits I.ender to make such �'
<br /> a charge. However.Le;ider may require�3orrovrer to pay a one-time chazge fos an independ��al estate taa reportir�r service •
<br /> � usod by Lender in cannection with this loan, unless agplicable taw provides atherarise. UNess an �ment is rrade or "�'!"
<br /> upplicable taw requires interest to be paid.Lender shal!not be required to pay Borrower any int�rest or eamings aa the Fwids. __
<br /> • Boerower and Lender may agree in writing. however,that interest shall be paid on the Pur.ds. Leader shaU give to Borrower, �,�._`�
<br /> witftout charge, sm annual uccountiag of the Funds, showing credits and debit�to the Futds aar!the purpose fos whicfl each
<br /> "`: ; debit ro the Funds was made.The Funds are pledged as additionat s�raty for ell sums sccured.�y this 3ecurity InsmuAent.
<br /> If the Punds heid iry Lender exceed the amour���m2itted to�e held by appitsahle law,�rs.�der shuL!account to Bamawer `�� -`
<br /> �� � far 1he ezccss Funds in accordance wich the reguir�x�of applicable law. If c;:s�.�;rn�af tfa:Fcmds�by Lender at any
<br /> tinte is nos suffic6ent to pay,tne Escraw Items wheu��,Lender may so nntify Sa�aer iu�r�*W�. aud.ia,�nLS case Bmrower
<br /> shall pay to Len�er the araount n�es�ry tv���tbe deficiency.Borcawer��:rs4L�s�g uG��et�:ie�ay in no moro ttt2n
<br /> '. twetve manthlY PeYments.at Lender's:�C�cE��sceic�*a.
<br /> ' � U�on psyment in full of ait �ns�Uy c�3s Seeurity Insuvment, L�.�ter utrul���te!�tly tefnnd to Borrower aay �_�_
<br /> Funds hcld 6y l,endcr.U�uttdcr p�rs�vx���t.S�rr3'�r s,hall acquire or seU t�e��n..�y.LQr.t�:r;prior to the ecquisition or sate -
<br /> of the Peaperty.shal}apply any�uuds Fz'd by Len�er at the time of acc�sis�,rat�i�•s�2°�s a credit against the sums secured by :�.
<br /> � this Security Instrument. • -"
<br /> 3.AppHc�tton oY Paymenta.Unt�.s�.��irable law providc-s�e.��..,�^*,.-u;..:�t!payn�entu z�:red by Lender under paragtuph9 �
<br /> � �"�� i and 2 shall be applied:first.to anY P�=Y�t�barges due m�sE�r r�.::�ote;�rsa:u3.to�r�;v:3ts payable under paragraph 2;
<br /> ;j third.to�nterast due:founh,to principa!due;and lm.�c,co any fate d�due wrli�.�:e t�e,oe. . =
<br /> .i� 4.CiurR�.Uten4.Botrower shalt pay all tar.es,assrssmer.�s.c�cxs�. ��r E:+�:x{�v�ons actr.�•�:i�7�s to the ProPerty► . :j�„
<br /> ,� which n�y ottain prtarity over this Security+Inswment, and Iws��rarLt payiir,.�,�s �gt.:�.�r,�r�:`.3, if any. Borrower sh�11 pay -�..
<br /> ;� these oblig�dons in ti�e manne�provided in paragraph 2.or if naf��Eid:�n that maiut4r,8rat�o�x�+��.ssi1 pay them on time ditroctiy
<br /> � to the pr:rsaa ow�d payrtx.*nt.Ronower ehull prompily fumish ta�.,xui:r.all notices of al.uoi�nt:s s�be paid under this parr��aph. �`'`•'
<br /> • � IP Bonower maltes these paymtnis directIy.Bonawer shal!prompUy furniah�ta.U:ndar receipts evidencing the payments.
<br /> anrro�v�r shaU ptcsmptly discharge uny tien whieh has priority aver thin�9i�ty Instrument unless Borrower:(a)agrees in ��-_;
<br /> �..,+� wtiting to the paymeat aP the abfigntton secured by the liea in n rannnur acce{itabG:to I.ender;(b)contests in gaoti faith iha�2ien �-
<br /> � by. or deienct9 ag�inst enforcement of the lien in. 1ega1 procer.dtuga wtuch in the Lender's opinion operate to prec�m�.:.he
<br /> , . ; sr,fcnement af tne Nen:or(c)satures from the holder of the licn r�n agreemcnt satisfactory to Lender subordinating'th�4'v"�r�t�
<br /> ' 5 ttil9 S:curlty lastrument. (f Lcndcr determines thni any part of tha N►vpnrty i�subject ta a lien which rnay uttain priority over . �
<br /> � this Sccurity instNment.Lender may give Borrower a nouce iden2ifying tito lien. Bonower shall sadsfy the lien nr take one or � --
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<br /> nate of ti��cttuns r�ct fonh above within 10 Quys of the giving of nottce. �
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