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<br /> ""` "'"' '"'' '� TOCiETH6R WITH all Ihe improvemcnts nuw ur hen:vflcr cr��c�ed un thc properly,und ull cascments.uppurtenunres, ------
<br /> •� • � and fiaturs�no,w or hereuf'tcr a pm of ihc prapeny. All replaccmeniti uixl uddilions tihnll also be covcred by this Sei:urity �.,-,;�,_.-_r_�----
<br /> y, ,' ' ': Insuument, At{vf�hc foecguing ix refcrred tu in this Secudry Inr�Mmcnt ns Ihc"Propcny:' —
<br /> ' „�'�' BORRn�R COVENANTS that Borrowcr is lawfully�cised of thc estA�c hcrcby convcyed und hax the right a�gronl
<br /> ti
<br /> �' and canvc;y Ihq,Pruperty und ihut ihe Pmperty i,unencumbr:rcd,e+cccpl for encumbrunce�af rerord. Bc�rrowcr wurrunlx tuxl ___
<br /> . � � ,,� will defend generol�y the tiUe ta the Propeny uguinst all cluims nnd demundx,subjec�to uny c�xumbrnnceti of'rerurd. !_
<br /> � THIS S6C:URITY INSTRUM�NT combines uniform covenunls for nationol use unJ non-uniform covenuntr wilh
<br /> • limited vurialivn�.r by ju�isdiclion�o con�titu�e a unifarm securi�y instrument cuvering real praperty. _-�-------_-
<br /> � ,. o .; UNIFQRM COVENAfYTS. �orrower und Lender covenAnt und agree us follows:
<br /> - � ' 1. Payment aP Principal and Interest;Prepayment and Late(:harges. Barrower Shull pramptly pay when duc ihc —
<br /> - , principal of and,intcrcst an the debt evidenced by thc Notc urxl uny prepuyment and late churgcti duc under thc Notc. ���
<br /> 2. F�n�dv for'I�xes and Insurance. Su6ject to upplicublc law or ta u writ�en wAiver by Lender.BoROwer xhull pay to �„�--
<br /> " � Lender on tha,duy manthly payments ure due under the Note,until Ihe Nae is paid in full,a sum("Funds")far. (u)ycarly �•�����,_
<br /> � . " . 'n wxes and usses�menis which muy attain priority over this Securily Instrument ur u lien an thc Pra�xny;(b)ycu�ty leutiehold __
<br /> payments ar $mund rents on the Properly, if any: lcl yeurly hs+z+ud or pmperty insurAnce pn:miums; (d) yeurly flood �._-�--�_-�---_
<br /> `._._�.�.,.,..._.�.,...
<br /> insumnce premium5, if nny: le)yearly monguge insuruncc premiums, if nny: and(f1 any sums puyuble by Bormwe�to
<br /> "� ' Lender, in accordance with the provitiiom of pa�grnph 8, in lieu of ihe payment af m�x�tgoge in+urunce prem�ums. These
<br /> ° a�.:.•=••��? • i�ems a�e culled°�«row Items.' l.ender muy.at any time,collect und hold Fundx in un amount not ta exceed the muximum ��::.�.-�-�----
<br /> .�,� nmaunt u lender for u fedcrully relatcd martguge loan muy rcyuirc for Borrowcrt escmw uccuunt under the i'edcral Real _I __
<br /> ^ ,�"l�� Estute Senlement Procedureti Act oF 1974 ns amended from time ta time. 12 U.S.C.§2601 er sey.("RESPA").unle�s unother
<br /> law that npplie�;lo�hc Funds sets u le�scr amount. li so,I.endcr m►�y,ut any time.colk�.t and hold Funds in+ui sunount nol to ��.., ...__ -
<br /> . • �' .:-. ,m
<br /> • excecd 1he Icxu:r ,unuunt. Lender muy cstimatc thc umount uf Fundti due on the basis uf current datA und reusoaable ,r�",,-.a _�-----
<br /> ' estimates of expe�ditures of future Escmw Items ar atherwise in uccordunce wi�h�pp���Lble law. t�I Mk.'�► �,_� _
<br /> � The Fundx.shall bc hcld in un institution whose depotiits nrc insured by u Pederal ugency, insmimentaliry.or entity � �''''�, ��;�'-
<br /> (including LenJer_if Lender is such an in�titulian)or in uny Federal Hame Lonn Sunk. Lender shall apply the Fundv to pay �,�4_�.
<br /> �- th� 6scrow hemti. Len d er muy not c har�c Barrowe r for holdin g and a p pl ying the Funds,unnually unalyzing the c�cmw Q��,_
<br /> •• � uccount, or verifyin� the Escrow Items, unles� Lender p�+ys Horrower interest on the Funds and upplicuble law permits �__-
<br /> Land��ta mukc such a churge. Howevcr,Lender mny myuim BoROwcr ro puy�onc-timc churge for an incicpendcnt rcul ���,
<br /> " estalG,tax teportia,�nervicc used by Lender in cnnnection with this loan,unless upplicuble law pravidex rnhrrwise. Unlexh un �'�„��_.�,._
<br /> ugrecmem is mqder ar applicable law requireti interes�to be paid.Lender shnll nat he rcyuired to pay Borrawer nny interest or . . :' ��__
<br /> •� ° carningn on thu Funds. Borrowcr nnd Lenckr muy ugrcc in writing,however,thut iNcrest sholl lm paid on the Funds, Lcndcr
<br /> � � shull givc to Borrawer,wi�hout churgc,nn annuul uccounting uf Ihc Funds,tihawing cnditx and debitr to thc Fundy und thc ,�
<br /> •• purpose for whi4h�ach debi�to the Funds wus made. The Funds ure plcdged ax udditianal u:curity for ull sum��ecureJ by ,-",
<br /> ' this Security ln.rtrum�nt.
<br /> �R_...�.
<br /> -'- --� If the Funds held by Lender excced the umounla �xiu�itied ta tx hcld by appllcable luw, !�•n�lr.r chall uccount �o _t_ :��J•��'
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<br /> ' Borrower for tha excess Funds in uccordunce with�he requirements uf upplic�ble luw. If ihc amount uf�he Fundx held by -'�'`"�"�
<br /> � Lender ut nny timu i. nut cufficient to puy thc Escrow Itemti when due,Lender muy so notil'y Burrawcr in wriiing.und,in "�.'^
<br /> such cASe BoROwur shull pay to LcnJer�hc umount necc+sary to mukc up the det'iciency. Sonowcsr shull muke up.Ihe , -� `
<br /> �'�'•.�. ����°:._
<br /> " dcticiency i�no more ihan twelve monlhly puyments,ut Lendcr:.ulc discrction. • '�t:,_._;
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<br /> " Upon puymcn�in iull of all xums ticcured h ihi,Securit Inxtrument, l.enJer shull �romp�ly refund to sorrowcr any 1,:- ;,:•,
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<br /> � Funds held by I.cnda�. If,unJcr purugruph 31. LcnJcr tihull •rcyuire or�ell the Prape:ny, I.cndcr.prior to the ucyuitiilion or : . .„4,.,�_
<br /> " xalc of tNc Proparq�. shall upply uny Funds hcld hy Lcnder •rt �he time of ncyui�iiiim nr sale us a crcdi� u�uinst �he sums : � ���
<br /> secured by thia Securiry Instrument. �
<br /> 3. Applkatfon oP Payments. Unlc�+applicuUk Imv pruvidc� u�hrrwi+c, ull p•rymenu reccived by LenJer undcr
<br /> paragrnphs 1 ;u�J 2 xhull be upplied: fint,lu uny prepuyment churgcs due under ihr NcNC: tiecc�nd.to umount�payuble undcr i. ,;,,.... -
<br /> puragrnph 2; third.w entcrc,l due:founh,to princ�pal duc;und I:�st.to any lute churges Jue undcr the Note. � �
<br /> 4. Charqes;Liens. Borcawcr shull pay ull tuxc., u�ticssments, charges, fincn and impo.ition. atMbutablc to thc ! ��`;.:':_;-
<br />� Propeny which muy attoin priarity uvcr thia Security Instrumcnt,and Icuxchuld payments or�round rents,if uny. Borrowcr ! "•°
<br /> " shall pay thesc oblipation,in the manner pruvided in pur��graph?,ar if not puid in thui munncr.Borrower,hall pay them on •:..�:�,�:,,,_,
<br /> �ny�:�::_:
<br /> �ime direc�ly to�hc p�:non uwe J paymen t. Borro wc r.h ul l pr��m ptl y furnish tu Lrnder ull no�ices uf umi�unlx to be p•riJ under �-�,�_
<br /> � this parugruph. If Borniwer makes �he�e paymentc direcUy.B�xrower shall promptly fumi�h �o Lci�dcr rereipts evidencin� , ' ' `�:{��--�
<br /> � thepnytncnts. � �� �=
<br /> Borrowcr shull prompdy dischnrgc uny licn which hu.prioriry ovrr thi�Suurily Instrumcnt unlex�Born�wcr.(ul:�grecs � ;.. �,_
<br /> ° in wriling lo thc payment�if the obliga�ion sccureJ hy thc licn m a manncr urrcplablc to Lcndcr;lMl contctitti in gcx�d fuith ihc -�_-�;ii
<br /> licn by,cx defendh Againwt enforccmcn�of�hr licn in.Icgul pn►�ccdinti�which in thr Lendcr'>upinion o�rutc�o pmvent Ihc ; ,�.:..- �
<br /> enforcement of th�licn:or(c)sccurc.fram thc holdcr of thc licn an agrcem�m salisf'uclory a�Lrnder sulx►rdinuling the lien � ,�: :d�`�,���
<br /> 1 tu this Securiry In.ruumem. If Lender de�erminr�thut uny pan nf�Ik Pr��prnY i� �uhject to a licn which may uttuin priority .,�.;.?'
<br /> s'� over this Security lnatrumen�.Lcnder muy give Horrower a notice i�kntifying thc licn. Borruwrr+hull,a�isfy the lien ar tul:c [ '
<br /> one or mon:of ihe actions.et fonh alxrvc within 10 Juys�it'thc givin���f notira k
<br /> � 5. Na�urd or Properly Insurance. Born�wcr.hall kcrp thc impruv�mentti nu�►•cxi+ling or hereultcr rrcrlcd on thc �
<br /> �u
<br /> -, Property intiured uFuinsi lo�ti by tirr,huiardti inrludcd�viihin the�rrm°eslenJcd cuvcratic"and:iny athcr ILUUrds.inrluding
<br /> floads or floaling,tior which Lrnder reyuins insurancr. Thi. insurance �hall Ix nwintuined in Uk umounts und for�he
<br /> Furm 367tl 9�911 qx�er:o/n�wwes� .
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