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<br /> TOt`i�'sTHER TVITH ail the imgro�emeats now or hereaitar ei�cicu c„� :;K �-o��'. �
<br /> '.y� appurtenaaces.aad Gstures noa or hereafter a part oi the property.A11 replacam�nts and ad�iti�ah�11 aLso be cove�e�ed .� ".,��7
<br /> _� =-.�„��--
<br /> by this Security Instrumen�All of the foregoin�is referred to in t}us SecuritY Iastrument as th��°Pro�rt3':
<br />:�.� BORRO�VER COVENANTS that Bo,�rogres ia la�vfuUy seis�d of ths estate ls�reby wnvopcd����s th�right to ;i„,
<br /> grant and canvep the Proparty and that the Property ia unencumheced,escePt for encumb.*c�vx��s'F rerASd Horco6vet .�i..
<br /> �'j warrants and wiU d e fen d gea e r a l l y t h_t i t l e t o t h e P ro p e*C 9 ap a i a s t s U cltiims aaid de�aeuds.subject ta a�Y�cumbraur.ea �.t.. �._
<br />� oY record. :.`-,- ;.
<br /> T�S�SCURITY INSTRUIVI�NT wmbines uniiorm covenaats for national �e saLd n�nvnifosm covenaats witb �, ..�s. ,,'
<br /> � limited variations by jurisdiction to wnstitut�a uniform securitY instrument eoveriag reai proFrrty. �� _ ,;-
<br /> �VIFORN�Cp�N�'I'S.gorrower and Leader covenant aad agtee as folla�rs: ��Y���hen due """M
<br /> -- 1.Paymer+t oI�cipal and Iatarest:Prepayment sad Late��rrrent an�l a c���dus under the Note. �•,,`=�`�."
<br /> � : the princigal of aad"snter�st on the debt evidenced bp th_Note aad anY psegaY _t`!%�''^--
<br /> ' - 2. Fonds for Tages aad Iasursace.Subject to applica�le law or m a writtoa waa�r�by�.�3�r.Borrower shall ^�:'-:�^_
<br /> ` ay to I.ender oa the day monthlY PaY�ents ere due und�er the Nots.until th.A'oZs i��i�in_°u11.a sum("Funde")far. r.
<br /> �a)y e a r l y tases and assessmcnts which map attain Esriont3 over t�is Seciarin'Ir�me�4.as a liea o l�a�e�ro��u�, �;'�;'��•
<br /> . �'� pearly leasehold payments ar gcouad rents o�tha Property,if anp;(c)Year lp h a z�s d o s p c�r t y� ='-_-.�-�--
<br /> (d)pearly fload insuranoe premiuma.if any;(�s)Y�ly martgage insurunce P�temtium�,i4 ar.r�:and(f)any sums payable 63�-,.,;,,:,
<br /> A`.� by Bonower to I.eader,in accordance with the provisions oi I�S�9h 8,in lia�ad the gaYanent of mortgage insiu�ance _.
<br />-_ premi+�me.These items are called"Fr,crow Itenaa"I.ender map�at aap tim�collect an�ha13 Funda$�wer'a�escrow �' `
<br /> . ��cc�d the magimum amount a lender for a federally relate@ mflrLgaSe loan ragq require =---
<br /> 12 U.S.C.
<br /> account undes the federal Real Fstate Settlement Procedures Act of 1974 sr3 amc��t from time to time. -- _-
<br />. �Sec4ioa ZbUI et�'. t"R�SPA"),ualess anothet law that apglies to th�F�ud3 sets a Iesser smovn�.If so.Leader may,
<br /> azi
<br /> at at�y time.e.ollect'stsd h�ld Funds ia aa amount aot to axceed tha l�::amoua�Lender may c�{�ti:aate the amount of ��'�;�:
<br /> � Fuad�d�on the basis of c�urent data and reaEOaabla esiamates o4 espenditures of futuse Fscrow Frs�s ar o�ercvisa in �:,,:=___
<br /> ' ac�ord�ce with applicable law.
<br /> T�e Fuads shall be held in an iasiitution�vhose depasits are insured UY a federal agencY,inscrumentalit9.or eatity �'�_:',.
<br /> v
<br /> (iacludiag Leader,if Lendet ie sach aa institutian)or ia any Federal Home Loan Bank.Lender sh�'i apply the F nds� �,.:,
<br /> .. pay tha E�scsow Items.Lender may not charge Borrower for holdin�nowergnp�on th Fvr�xi aad applic��able law �•::
<br /> e s c r o v�s c c o u n k or verif yin g the Escrow Items.�less Leader pa9s r e B o n o w e r t o a a e n a-t i m e c h a t ge#or an _
<br /> p��it�Lender to make such a charge. However, L e n der m a y r e q u i P Y --
<br /> . indepeadent real eatate tas reparting ser�ice used by Lender in canaection with thiG Ia:�,un1e�applicable taw providea �:.;�
<br /> � oths�is�.Unless aa a8reement is made or applicable law reqturea interesc to be i�'�,I.c�der shall aot be reqwred to
<br /> pay Sarro�ver any interest or earniAgs
<br /> on the Fimds.Borrower and Leader maY ag�in writing however.that interest
<br /> s*��.11�e patd on tAe Faads.Lender sball give to Bormwer,without chuc,ge,au annual aceouat��the Funds.ehowing ��'_::��
<br />_ cr�di�astd dcbits to the Puads aad the purpose for which ezch delsit te the Funds wes made.Ttta i�ads are pledged es _
<br /> ' ad3iti�ctal sec�rity for all suma secuced by this SecuritY In--�'�'umunt. �blo law,Lezi3er �s' L3400UAL'tm �-�=
<br /> tal
<br /> : t�r3�e Puntls held by I,en��esce�d the amounte pe��snitted W be held by apn �—.----
<br /> �,� .; �inrrower for tha eYCess Punds in eccordaace wit�the requirements of appiicable Isra_If the r�aa►.�t of t�e�nde hald =
<br /> � by Lender at enp timfl is not sufficient w pap tha Bscraw Ytems whea dua.Leader mag sa moti��orrower ia writiag.
<br /> --' and,iA such case Borrowef she11 paY���s�ount nceessarg to make up the deficieric+�.�orrower sball make �_;
<br /> . up tho de�icieneY in no mate tUaa tsvelve monthly payments.at Leader's sole discretian. ���ly refuad W BonoWer �7�
<br /> Upon paqment in fnll of ull sums sec�sred bY this S�unty Iast�vment.Lercde�`�bsl1 p
<br /> � � any Fuads held by Lender. If, under paragcaPh 21, Lender ehall acquira ar se13 the Property. I.euder, Prior to tha ��y;
<br /> �r,quisition or sale of the Property,sha11 ePPly eay Funds h�ld by Lender at the time of flcquisition ot sale es a credit
<br /> �:- ,
<br /> ,. aga�ast tho sums secured by this Securitq I�strument. —
<br /> 3.App�ication of Paymeata.Unleas agplicable law provides c�erwise,a11 PaYmenta raxiv°d by Lende�'u°� �;;,
<br /> . . Pare�.ohs 1 and 2 shall be applied:first�to anY Pi'�Ymentcharges due�mder tho Nots;second w amounte paYable
<br /> un�zir�aragraph Z;tturd.w intesrat dn�iourth,w pnac�gc`due:aad lest.to say late charges due uader tha l�ute. �.';
<br /> � � 4. Char�es;Liens.BurroWer eball pay all tas�s.aab'essments+charges,fines suri impasitions attcibutuble w the �r:
<br /> a4 -
<br /> .�`.�.. Property which may attain priority over ttus Secu.ftY Iustrument��►d lfi seoil f not� d iaa��t manaer.Ba1rroW r �f.
<br /> ' ' Bonower ehall pay these obbgations in the manne�'pra ided m para;�rsp 2, P� ,
<br /> • shail pay them on urae direct��ta the person owed payment.Borrower ahall prompflg fwiueh t�Lender aU Aoticea of
<br /> � amounts to be paid under tSi��sagraph.lf Borrower makes these payments directlY.BorraWer shall promptly fumish
<br /> to Lender receipts evidenc,� ,�e payments. �� , .:
<br /> � : go�Wer B}�g pr�,m�y disehargo any lien wIuch has prioritg over this Security Instrument nnless$on°wer.(a�
<br /> .�� agreea in writing tfl the�a,rnent o4 the obligstion secured bp the li�:ia a manner axeptabla tm E.eader.(b)conteste in
<br /> : � good tmth the lien by.or�..°fesds agiinst enforcement oi the lien in.Iegal proceedin8s Which cm the LenBer's opinioa v.�
<br /> �:.,.
<br /> op�ate to prevent the enfor�nrnent oi the lien;or(c)��s�rom the holder of the lien an agseement eatidectoN to �:-,,
<br /> • L�er suh�rdinadng the tie��this Security Instmmrec�.I�Lende�determiaes thet�►np part of tho Prope�ty+ls subj��t r`�=
<br /> h� sre Bonower a notice i�e�hPying tha
<br /> � to a lien which may attain��u:it9 over th'ss Securit3 Hn�"trument.Lender mag gi ----
<br /> lien. Borrower shall satisfy th�lien or tz���cr more of tha actiacrs set forti�e'bove aithin 10 days o4 ths giiving of f-',`_
<br /> • notice.
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