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<br /> ° ' TO(3BTHER WITH all the impn►vemenu naw or luteaflcr eracted on the propcny,anJ all c,�sement�, appunenonccs, and �"•'-��--'
<br /> Bxturcs now or hereaRer a part of the p�operly. All replacemente and additinnK xhull alea he covered by thi� Secu�ity �'�__W�
<br /> � , ' Inurument.All of Ihe foregoiog ix rcferrod tc�in thia Sccur�ty Instrument��hc "Pmpcny." �� "'- --
<br /> � �" BORROWBR COVENANTS tha� Bnm�wcr ix luwfully scixal of�hc cxwte hcn�by cunvcycJ unJ hur Ihc rfght to grunt und __
<br /> convey thc Praperty end that thc Pr�►peny i�u�xncutnlxred,etupt fnr encumhrun�c.of rer�►rJ. li��rmwcr wurrun�► aiui will
<br /> ', • .. defend generully ttie title lu�he Pru�xrty uguinwt ull cluims und Jenw�l�. r�uhjrct t��any rncumhrunrey uf rer��r d. �-- � ' __
<br /> ° . , ' , THIS SECU/tITY INSTRUMF?NT r�m�hlner unifi�m� r�►vcnumx li►�nuUunul uk und n��n-unifi�m�ravenamx wl�h limited •
<br /> • " . vuriatiom by juris.aifrliun 1„r����,liwir a uniti�mi krurity In.�nmkn� cnvrrin�t rc�d pm�ny. �-. ,-� _.,�,� ;,___^
<br /> ' UNIFORM CUV F.NANTS. li��rr�►wer u�J I�ndcr covenunt and ugr��c u�lidl��w�: --_
<br /> 1. Paymeat of 1'rinclpol and Inte�tt �p�ymenl �nd I.�te ('iw�«. fi��rt��wcr ,hull pnm�pUy puy whcn Jue the �►.`
<br /> , principal of And irncrc+t�m thc Jebt cvidcnccd by ih�N�qc unJ uny prcpuymcnt unJ latc rhurgcx duc uodcr thc Notc. �
<br /> • ..� � Z. Mund�to�T�x�.w�nd Insurtmcc. s�nj�w� a����n«ni� luw nr to u wrincn auivcr by Iw�ndcr, H��rrowcr shall pAy to �-=°
<br /> l.encicr un thc day monthly puymcntx urc Juc undcr thc Nutc,until thc Nutc ix poid in 1'ull,u�,um 1"Funds')li�r:lu)ycarly tsuccs �,;;_
<br /> and assessmcnts which muy uttuin priarity nvu this Sccurity Inrtrumcnt u+n li¢n on thc Pr��peny:(h)yc�rly Icaschuld puymcnts
<br /> or gmund rent+on the Propeny,if�ny; (cl ya:arly hwurd or propeny incumncc premiumz:lJ)ywrly Il�xid inwrs�ncr prcmiums, r�
<br /> • • if eny: (e)yeurly mortgage insurancc premium�, if uny:und(� uny sumx puynble hy &�rn►wcr to I.enJcr, in accordunce with
<br /> � . the pmvisions af parngruph 8, in licu of thc payment of mongugc inxuruncc prcmium+.Thc.0 items urc callcJ"EKrow Itcros." -�_
<br /> Lendcr may, at asiy timc, collca and hold Fundti in an nmount not to exrccd thc muximum umount u Icndcr for a federull ` -
<br /> relatcd mortgagc Iwn muy rcyuirc fbr BnrcnWer's escrow Account uruler thc fcderul Rwl Extute Setdement Proccclurc�Act af ���
<br /> ' - 1974 as amendcd from timc to timc. 12 U.S.C. Section 2601 er sey. ("RESPA"). unlcss un�xhcr law that applics to thc Fundx
<br /> sets a Icsser anr►unl. U su, l.�:nJ�r nwy, at any tirm, collect und hold Funds in un :unc�unt not ta exc�:cd thc Iesser umuunt. � � _ --
<br /> • [.endcr may cslimute the amount of Fu�ds duc on th� bu,is of curcent d�xu and m�nablc estinwtes of cxpcnditurex oi fLturc ,
<br /> ' Escrow Items a otherwise in arcord�ncc witfi upplicablc law. '
<br /> ' Thc Funds sAa11 bc hcld in un institulioo whcnc Jeposits arc imurcd by u fcdcrul s�gcncy, instrumcntulity, cir cntiry � �
<br /> (including l.ender,if Lender is such un inuituticm)or in any Federal Home l.oan Bunk.Lender tihall upply the Funds to pa��the .-
<br /> Escrow Items. I.e��der may nut rhargc Bortowcr for holdiog und upplying the Funds,annuully anulyzing thc escrow a�raunt,or ,
<br /> verifying the Escrow Itcros,unlc�s L.�:ixlcr pays &�rrowcr interest nn thc Funds unJ applicublc luw permits Lendcr to mukc such � ''-
<br /> a charge. However,L�:mier muy require Barrower to pay a one-time charge fur an indepcndent reul estate tax reporting urvice � *�
<br /> usccl by l.endcr in conncc�Nm with thi+ lo�n, unles.r• applicublc luw providex otherwisc. Unlcss un ugrcement is ma�ic or � ;.�,� ,.•
<br /> � applicnble law reyuires intcrcxt to bc puid.Lcnder shull not 6c requircJ to pay Burrowcr uny intcrest or camings on ihe Funds. , '�:��� ��"
<br /> Borrower and Lendcr may ugr��e in writing, hnwever, tha� interest shall bc puid on thc Funds. l.endcr shall givc tu Borrowcr, . ' �,,,¢t'ti
<br /> - .•.�� : withcwt cl�argc,�an�uaf acrnuntiag nf thc Fundx, yhntis�ir.r credita and debits to thc F�nd• and ti�� purp���• f�r which auch � ^�r�r�.
<br /> ' '�� ', debit to the Funds was mude. The Funds are pledged as udditi�nul security firr ull sums tiecurcJ by thix Sa:urity Instn�ment.
<br /> , • If the Funds heW by LcnJcr exrced thc umounts permittcd to bc hcld by upplicublc law, L.cndcr shall uccuunt to B�ircower ! ;
<br /> '. ' for thc cxcess Fur�ds f n uccordurkc with thc requiremcnt.r•ot'upplicable law. If Ihc umount oi'thc Funds hcld by L.end�r ut uny '
<br /> •'t time ls not sufficic,nt to pay�he F.scruw Itemti whcn duc,Lcndcr muy u► notify Borr�►wrr in writing,und, in�uch cuxr&�rcowcr � "
<br /> • � shxff pay to Lcndcr the amount nccctisury ti,mukc up thc dcficicncy. Boniiwcr tihall mukc up thc dcticicncy in no morc than �
<br /> twelvc monthly paymem.r•, at L.enJc�s wlc discrc�iun. ,
<br /> Upon p:�yment in full �►t'all +ums ucured hy thi+Securi�y Im�runxnt, I.endcr rhall prrnnptly refund tu Bom�wer uny ' '
<br /> ' Funds hclJ by I.cndcr. If, unJcr paraEr��ph 2 I. Lcndcr zhall ucquirc or scll thc Pro�xny.L.cu'•r,prior to thc ucyuizitiun nr salc � '�
<br /> of thc Pruperty,stwll •rpply any Fundx hclJ hy LcnJcr ut thc tink ut';wyuisition ur suk u�a c�ulit uguinxt thc sum,sccured by ,
<br /> this Security Instrunx:nt. ' ,
<br /> � J.Applieation of Ppymentr. Unletis applic•rhlc luw pruvidc�uth�nvi�r.all papmcnts received by LcnJcr under purugruphs ' , � ,_
<br /> � I and 2 shall be applicd: tinl, to any prepaymcnt chargc+Juc unJ�r thc Notc: tiuunJ.t��amuunt.r• puyublc wxicr purugmph 2; � -
<br /> third.to intcrc�t ciuc; �iwrth. to prinripul Jur;an�l la�t. to any latr rhargrs Juc undrr thr No�r.
<br /> 4. Char�G�s; Llens. B��rrawcr �hull pay-all �axr,. a.�r�,mrnt.. rharg�,. lincs anJ im�x�tiitiuns tNtrihwuBic t�i tlx� Propcny ` �.�
<br /> which may attoin priurity uvrr thi� Sccuriry In.trunun�.unJ IraxhulJ pa�•nknt+ nr �!nwnd rent., if any. Burruw�cr�hull puy '
<br /> thcsc obligatiom in thc nwnncr pruvidcd in�arugraph 2,or il'nat p•riJ in thut manncr. Rnrr�►wrr+hull puy th�m on timc direcdy
<br /> tc+thc pc:rson ow�d paym�nl. H�►rruwcr,hall pnimptl�• Ibrni,h 1��LciKlcr;dl nu�irr.��I amuunt.to Ix p:,iJ unJcr thi.purugr.►ph. .
<br /> If Surcowcr n�lc�a Ihc.c puy�mcn�+Jir�ctly. I��rmw�r shall prumptl� I'urni,h lo Lrndcr rcrripl��viJrncin� th�paynknts. ! •
<br /> &ttrowcrshall promptly diuhar�r any Ikn whi�h iw�pri��rity uvcr thi,ticruri�y In.trunkn�unlc..B�irrowrr: la1 ugrcc�in •
<br /> writing tc�Ih� p�yment uf the ahliguti��n urund b�� thr licn in a rounncr arrephrMr tu I.�ndcr; Ibl runte�t.in g�xxl f'uith Ih�licn
<br /> by. or d�PcnJ,a�•rin.t cntiirccment i�l' thc li�n in. IcEal pnkcrJing+ whirh in thr LenJrr', opiniim o�r•rtc tu �cvcnt the
<br /> .� enforccm�nt uf Ihc lirn;or Ir► �ccurr�Ir�nn Ihr huldrr ul thc li�n an a�rccmenl .ali.lartun tu l.rnJrr wM�rJinatin�:thc licn to
<br /> �:' this Srcurity In�trumrnt. If Lrndcr drtcrmin�, th:it um part ol'Ihc Pru�xn� i� wh�rrl tu a hr� whirh ma� auuin priuritp uvcr
<br /> i,'.. , this Security In�trumrn�. I.rndrr ma� �i�r liurr�i��rr a nnu.•�id�ntU�m�ihr hrn li�aiu��ri ,hall ,.ni.l� �h� lirn�►r tukc unc or
<br /> mcuc of thc aciion�Kt timh utxwr �cilhm I U da�.ul Ihc��o�n�!�H n�+l�rr.
<br /> Form 302B 919�
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