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<br /> � TOUE7'HER WITH alt ihr impr��vemcnts nou• un c�rcaftcr crcctc�f ur. iht� pruper�y�. and •rU ra�cmcnts,
<br /> appurtenanccs.anJ fi�terev ik�u•ur tk rcal'trr a�rt�,Y thr�ru�xny. Ail r�pf:krnknt+a�xi ackli�ian.�hall alW,lx co�•�:rcd by
<br /> r� tbis S::.urity In�trum;nt.Alt�it'thc:furrgoing i.rcterred to�n thi,Serurity ln�trument as thc"Pmpc�ly...
<br /> Ai1Kkt11�t:R C�IVFNA�sii 111:��6un���wer i.luwfully�ei�ed of the e.tate her�by cuo��:yr�l:uiJ has U�.right tu�rant:uxi
<br /> }� riw�tity tl►c Propert�•and that t1x�1'ru{xrty�i�u��ncumhcrcd,cxrept f�ccnrumbrancc�uf rcc�+rd. B�xrc�wcr a•r�Tant.;uKl will
<br /> '7 dcfcnJ►�cn.,r�lly the titic w thc PruQett��:wai�ut al!cl:unu:uul dcnr.uul.,�ub�cct ta any encumbryx�s ot nccud.
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<br />_ TFUS SECUktjv In�srRi�����i�i.HUbioc� uniFumi co��enants for national ucc and nan-unifunn cu:cn:uu+w�i►h IimiteJ
<br /> vari�tionz by juriuiiction cu ccu�xtitutr:�unifunn security in�trunxnt co�•cring real propeny.
<br /> � UN�rottnt Coveu,�Nrs. Barrnw•cr and Lcnckr cuven:u�t yid agree:►.e follawc:
<br /> 1. P�yment of Prioctpal and lntcrest;Pre�ayment and Late Char�es. Borrawcr�hali promptly pay when due -
<br />- the principal af antl interest on the debt eviJenced by the Note and any prepayment a�xi late ch:uges due tuidcr the IVoie.
<br />= 2. Funds for Taxes and Insurance. Subject to•rpplicable law or ta a written waiver by Lender,Surt�oa•er shall pay
<br />= to Lendcr on the day mcxithly paynknts are due under the Note,until the Nate is paid ia full,a sum("Funds')for.(ay yearly
<br />— taxes and a.esessments which may attain priority ovcr this Securiry Instrument as a hen nn th:Property:(b)yearly Ieasehold
<br />`� pa�•ments or ground renis on the Propeny� if any: (c)yearly hazard or propeny insurance premiums; (d1 yearly floai
<br /> - in�urance premiumc, if any; (c) }•carly mortgage insur•rnce premiums, if any; nnd(fl any sums payable hy Borrowec to
<br /> Lender, in arcorci:u►ce a•ith thc pro��isions of paragraph 8, in lieu af the payment of m�rtgage insurance premiumx.The�
<br /> � items are called"Eu:row•Item�: Lender may.at an}�time,collect and hold Fund.in an amount not to exceed the maximum
<br /> -a amount a Icnder fbr a f�derally related mortguge loan may rcyuire fw Borrower'a escrow account under the federu! Real
<br />,� Estate Settlement Procedures Act of 1974 a,�amended from time to time, 12 U.S.C. § 2601 er sey. ("RESPA"), unless
<br /> another law that applies to the Funds sets a Icsser anwunt. If so, i.er.�er may,at any timc,collect and hotd Funds in an
<br />;_� amount not to exceed the lesser amount. Lendcr may estimate the amount of Funds due on the basis of current data and
<br /> r�►�ble estimates of excenditurcs of future Fscrow I;cros or otherwise in acconistue with apnlicable law.
<br /> � 'Ihe Funds shall be held in an institution wha�deposits are insured by a federal agency,instrumentality,or entity
<br /> — (including Lender,if Lender is wzh an institution)or in a�i}�Fedcral Home Loa,i Bank.Lender shall apply the Funds ta pay
<br />= the Escrow Items. Lender may not charge Borrower for holding and applying the Funds,annually analyzing the escmw
<br /> account,or��erifying the Escrow Item,, unless Lender pa}•s BorroWer mterest on the Fund�and applicable law pzrmits
<br /> Lender to rn�;e such a charge.Hawever,Lender may require Bc�m>wer to pay a wie-time charge fcx an independent mal
<br />— esiate tax reporting service used by L.ender in connection W��th this loan,untess applicable law provides otherwise.Unles�an
<br /> — agreement is made or applicable luw reyuires interest to be paid,Lender shall not tk.required to pay Borrower any interesi or
<br /> eamings on the Funds.Borrower and Lender may agrce in wnting,however,that int�rest shall be paid on the Funds.Lender
<br /> shall give to Bortnwer,without charge,an annual accounting of the Funds,showing credits and debits to the Funds and the
<br /> � parpose for which each debit to the Funds was madc.The Funds are pledged as additia�l security tbr all swns secured by
<br /> � this Security Instrument.
<br /> — If the Fands held by Lender exccrd the amounts permitted to be held by applicable law, l.ende.shall account to
<br /> — Bortower for the excess Funds in accordance with the reyuirements of applicabte I�w.If the amount of the Funds held by
<br /> — Lender at any time is not sufficient to pay the Escrow Items when due,Lender m�y so notify Borrower in writing,and.in
<br /> such case Borrower shall pay to l,ender the amount necessary to make up the def►ciency. Borrower shall malce up Nc
<br /> = defuiency in no more than twelve rtwnthly payments,at l.ender's sole discretion.
<br /> — Upon payment in full of ull sums secured by this Security Tnstlument,Lender shall promptly rcfund to Barower any
<br /> �. � Fundc lxki 6y l.ender.if,under paragra�h 21,Lender shall acquire or sell the Pnooerty.l,ender,prior to t8e acquisidOn 4r
<br /> s�le of the }'roperty, shall appfy any Funds held by Le�der at the time of acquisition or sale as a credit against the stuns
<br /> secuted by this Security Instrurtxnl.
<br /> 3, Applkatiop of payments. Unless applicable law provides othenvise,all payments received by Lender under
<br /> paragrrphs f and 2 shall be applied:fir�t.to any prepayment charg�s due under the Note;second,to amounu payable under
<br /> paragr.�ph 2;third,to interest due:fourth,to principal due;and last,to any late charges due under the Note.
<br /> 4. Charges;Lkns. Borrower shall pay aU taxes, assessmenu,chuges, fines and impositioos attributable to the
<br /> Property which may attain priority over this Security Instrument,and leasehold payments ar ground rents,if any.Borrower
<br /> -� shall pay these d+ligations in the manner pmviciex�in t►ara�ranh 2:�u if ruit naid in that manner,Barower shall pay them an
<br /> time directly to the person owed payment.Borrower shall protnptly fumish to l.ender all notices of amounts to be paid under
<br /> this paragraph.If Bocrower makes these payments dinecdy, Borcower sliall promptly fumish to l.ender receipts evidencing
<br /> tbe paymcnu. �
<br /> � Borrower sliall promptly discharge any lien which has priority over this Security Instrument unless Bo:TOwer. (a)
<br /> agrrxs in writing to the pa}'tnent of the obligation securecl by the lien in a manner acceptable to Lender,(b)con:esu in good
<br /> fa�th the lien by,or defends against enforcement of tAe lien in,legal proceedings��hich in the Lender's opinion operate to
<br /> _ prcvent the enforcement of the lien:or(c) secures from the holder of the lien an agreement satisfactory to Lender
<br /> _ subotdinating the lien to this Security Insuument.If I.ender detertnines that any part of the PropertZr is subject to a lien which
<br /> - may attain priority ovec this Security Insdume�t,Lender may give Borrower a notice identifying the lien.Barower s�hall
<br /> - satisiy the lien or take one or more of the actions set forth above within i0 days of the giving of notice.
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