Y. � �
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<br /> .� a�.� �.`
<br /> nts r.4ur or i�cces4tQr eacctcd an th��sv�ety,¢nd ull easemenES�ap�'����• and _. *'.!`
<br /> TOGETfiER WITH all the improveme �.
<br /> fixtumzs now or hereafter a part of the prup:rty. Ai1 replece[nents nnd e�ditiona shnll alsv be co�secd by tbis Sccurity ��_. _y
<br /> instnunenc. Ail of the foxegoing is referred to in this Sesurity[nstrument us�he"Prop�rtY." �___»_
<br /> � BORRO�iIEIZ CONEN�IIthat Boaower is ln�ed eiac�epl forcencumbmncea afnVeerntd Qo�xotives vsahitant§�d w� ~_
<br /> - conve the P�oper�Y a�that tt�.:�rcy�s� �--
<br /> Y
<br /> defend genetaily the dde to the Property against uU claims and demands.subjtct to�ny tncunibrances oi rccoi�i• �=,�_
<br /> � 'fHIS SEC'[TRTfY INSTRtJME1VT°°mbi��form cavenants for national use und nan-uniform covenants�vith IirNted
<br /> ' variations by jurisdiction to oonstitute a uniform securitY inst�ument coverina real praperc}+. r�-�_;_-_.
<br /> t=. �
<br />` UMFORM COV�tAN'TS.Horrower and Lcnder ca�enaat�an at�C��6Eorro�ver shaU promptlY P3Y when due tl�e
<br /> • ' n, Paymeut of P�iaclgal and Intemst3 �t�Y� ,�.�`��-..
<br /> es dne under the Nate. �"•�'"'
<br /> ��`,. pr�-r:i�.]of and interest on the debt evidenoed by the Note and az►Y Ftepal�men�and lat�cbarg �,___
<br /> y,�������an�InsnAanoe. Subject to�Qlicable law ar to a wsitten waiver by Lender. Borrower s�pay�� �^_�M1�
<br /> . :.eader on she day monihlY FaYments are due uader dsc L�nte.until tilee Note is gaid in lutl,a sum(°Funds")for:(a?Y Y
<br /> nori over tiu����t�s��*�'�r_as a lica an s�e Pr+op�tY:(b?Y��`L�toId payments
<br /> and assessmenu which may attain p ' tY t�ieims:(dl Y�Y fiead ir�u�c�F�ums,
<br /> or ground re�s en tt►e Property,if anY;(�)Y�Y L,�c3t�prorser4y ir�nsaIICe F �"""___:
<br /> ' Q rr�ss',�rtss,if���a�(� �Y�PaYaI�le by Bormwes tn Leuder,ia�casdane�adith :�,.=_a-'
<br /> .r�. if aay;(e)YeaT�l' m�rtSaae insurance P - � -----
<br /> '�.,:ti e i�.a��e Prc�ums.Th��i�s are calIed'&�sc�arr IIcc�.° ____
<br /> the provesions of paragiaph 8,in lien or d3t��,���`=rt�g �: n
<br /> Iender may.at any titae, ooilect a�d 6�Y�:L-`��'.�'s,ifl::ttA..amount not� .-.�tirr:maximum araount a le��ee far a fe�es2C€y -;,;�,• -:
<br /> ' r elated m o rt g a 8e loan may requiie�r.T�zuwer's es�iv acconmt under the f�ac�?''LL Real EsE��etttem�1Paa���g f�~`:,,
<br />�� � .. .
<br /> � IZ• 'S.C. S e�t ion Z 6 0 1 e t s e q. ("R E S F i�°1�.r s�l e s s a n a e l x�r!aw ti►at�',,,�r.�t�e FunLS �;,;,,�;._;
<br /> rl
<br /> • �' 1974 as umended from tin¢e to time. L�:.: ��;:;�.
<br /> sets a tesser amount. If so, Lend�r;��,:�any time, collect and 6old Funds in an amou���t�exceed s,��?�^���c3. • 't'
<br /> Lender ms�y escisnate the amount crf�rr,i�•3ue on the basis of current data and�easonable��of expe��c��`ye� .,��,t��:�'•
<br /> •` hcable taw. �m�tyr,oT e:�}
<br /> ,,. . Escrow Items or otherarise in 2r,co�e�ith zPP� . �'s,�•.>•.
<br /> n .� "
<br /> ,�.L,�,:- 'IYie Funds shall be he2d in ax�sritution whose deposits are insure� by a federal agency, 1 the Fnnd3 to .�... � .
<br /> �; �,._._.
<br /> `---s-=' (includin�L�Ler,if Leader is such�:sasatution)or in any Federal Home Loan Bank.Lender shalj��the escrow aaocr,�rd�:�° ;,�i F< ,
<br /> g,�����;��nder,may not char�r[@a;rrower for holding and�!G�iag the Funds,annually analy rmits Lender to u�S�`'�id� '�'t'
<br /> �'�;i��"'� verifyiu�fi9fi�14��w Items.unless L.c-.rBar.�ays Boaower interesY o^�tdh�Funds and appHcable izW..Pe s��4ie, � .,
<br /> .,,.. , , Ler�s may�cTui�' �e�.estate tas seport� ' � � _
<br /> , �t.ci�«�,=: Lrr iever, ��nower to}aay a one-tie:��harge for aa independeres �. � is�:;3�
<br /> .. , �c��6}� ��er_ in co�r�n ari4h t'r.is loan, ar�r5s,�icab�e Iaw provides otherwise. U.� ��a�*:° �;;,�,'�- .;
<br /> � enterest to be�s�w,�.es:�.r�!J[;acn:��n��:�ed eo pay Borrower any�n�:x oa����A the Funds.
<br /> �'uc��,��.reciuires� n
<br /> �..__
<br /> j.�� Bornav�� ��ender may agr�e'scn EvrCaiet�.haR�±�.*!�?�d��«��:�be paid oa the F{:n,�..F��r sh�:��fc1r ��e�� . ..�-
<br /> _ without��ri�t an a�uai.aoeour�ciuc��c��Fu�, Fan�iing -'��;�d debits to tl��ru.n�siatA��:e pury� , _
<br /> lax-xi:,u��i ty r s�r3?I� �"�E�c�r'.r:��lnsuume�i.. �i�.
<br /> 8ebit us�3t��-aads was ax�3'�.`�'�i Fwud.w>tfn':p 7 rt to�..:�.�..-*i gor��.�.°� .7
<br /> 'Y' `� � If����Yi��.�ast1l�+�tx�J�.`�ar.asnew�����rz..�c! �h��sld fcY! a�6laxa�+.Ji:•.t:�._Lr�►e"?it�u�:�t���to Bv;�cv�t � ���
<br /> ���f<<, •� ••` . x r .. I..er.�er a4 rm'q,. `
<br /> ;%,8 : �z tT�e c�r•ci,.�si�s�ds'in'mvy:;��a�ice�r►tik;td��luir€tm�:�a-�fn�1�.��Raw. f�tit�'�:u uGtS�e�f'+ar��,:t�i�:j'r� •;.,'��.
<br /> �,�� , � r time is rsaCia�li3�ent to pay the Escniuc.Tirfris ahen dr.�;T'�ui�rmi�c�uotifj/Borrower in�v►��Si:�,:and�ia such caE�l�iti�i.'et�+�st�tt'' ���
<br /> shait pay ta I'render the amaunt necessa.�to malce up the def�cf Ency. Borrower shall malce up+.'�e defieiency in nU�� _
<br /> twelve montbly payments.at Lender's sote¢iscretion. ■""'""'•
<br /> tJpon payment in fiill of all sutns secared by this 5ecuri4y U�str�ment• Lender shall promplly refund to Borrower auy __
<br /> .. Funds fleid by Lender.If.nnder para�aph 21,Lender shall�cquire or sell the Praperty,Lender.prior w the acquisidon or sale �r-::'
<br />. . . . of the Praperty. sha11 aPply any Funds held hy Lender at the time of acyuisitioa or sale as a credit a�.tinst t6e s�ams secarod by
<br /> f}'i35$CCililt}I IASt[UtilCtlt.
<br /> .. . 3.Applirai�an of F�yments.lTnless applisable!aw provides att�erwlse.all payments received isy Lender un�er paragrap2 . I�_.
<br /> . . 1 and 2 shaU be applied:�rst.to sury PTepaYment chuges due under[he Note:socond.to amounts p�yable under patab�iap
<br /> third;to imeresc due:fowtl�.to principal due�and last,to any l�te ch�ugos dae under the Note. _
<br /> � 4.C�sgeci i.��tas•Bonower shall pay sill taxes.assessmenta, charges.fiaes and imposidons attri6utabie w t�e'Property
<br /> � which may aqain priarity over this Secur3ty Instnuneat. and teasetmld payments oe grounA rea►ts. if any.Borrower shall pay
<br />. � ' th�se abllgations in the manntir.pravided in paragraph 2.or if n�t paid in thu manner.Borrower shall pay them on tiin�directly -
<br /> . to tiie n�rson ozved PaYm�nt.BorroweT shall promptlY furnish 3o I.ender all nodces of s�mounts to be paid ut►dar this paragrapb• �_-:�:
<br /> . if Borr�wer makes these payments directly.Borrower shall promptly fumisA to L�ender[ec�ipts avidencing the paymenW. _
<br /> .. ' Borrower shail promptly dischurge aay lien whIcfi has p�ariry over tlris Securiry Instn�ment unless Botrower.(a)agrees in � .,.
<br /> writing to the payment of the obligation secured by the Lien in a manner acceptable ro Lender,(b)�ntests in good fait�the lien
<br /> • by. or defends ag�nst enforcement of the lien in, legal prar.e�Ings whi�h�a ���r's op�nlon opzrate to.prevent thc
<br /> �_..._.
<br /> � � enforcemeiu of the lien:or(c)seeures from the holder of the lien an agreemests bUect�a lien which y atta�in priocity over —'
<br /> . this Security Instcument.If Lender deternunes t�t uny part of the Property ' � —
<br /> ' � this Security Inswment.Lender may 8��Bonou�r a notice identifying the lien.Borrower shall satisfy the lien or taice one or __
<br /> � mon of the uotions set forth ubove within 10 days•�3 the givin�of natice.
<br /> • iorm 9020 QtDO -
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