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<br /> � , :f�h7t�U[CS 110W Ol�!�f[[Of[dt Q[VQ[I[y. IU�tCp�Cl1[I�S i��[tOIIS S��i�SO 6C COYC(Ed�l�S$�CCIif�I�'
<br /> • jtLS�llft.��1bC fOtE�tS it�GRC�IO III fb1S S!ClUILJf�IL��S I�IC�Q�}±�
<br /> 80RROWER COV�VArFF$thu 8nmuwe!is IswfulIg seised af tNe estate he�eby coaveyed and Has the right to�t
<br /> and eon�ry tht aad tbat the Pt�pctty is w�a�cnmbered.exScPt foc encumbt�nces of record.. Bormwer wamnts and
<br /> � �� - v►n'll defend�dtie w the Nopetry against atl claims and demar�ds.subjed to aay eucumb�anoes of�ecotd.
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<br /> �'i'�lIS.SEC[JRt'i'Y INSIRUMENT co�n�bines unifam cav�ats for national use and non-uaiform crnenants w� :
<br /> _ -- - i�iited variaEiais by juzisdiction to aonsti�ate a unifacm�ec�aitY m�f cuvcring rcai p�openS'- � � .
<br /> ' UNIEaORM�OVENANTS. Sortovru and Y.endcr wva�ant and agces as foltaws: w6ea dut t6c � .
<br /> � L Pay�e�t uf P�ricipa�a�d I�teres�1'rep�l�t a�d Late C6ar�e.s-Somnwer sUalt P��Y P�Y . . :-_: ,
<br /> p r i n c i p�i afi aod inte�sst aa the debt aideacod by tix Note and anY PrePaY�pt and late charges due under tht Note:.:;:.
<br /> � Z. t�1��d s far Tazes a�I a s M C a�o a S u b j e�t o a p p l i c a b t e l a w o r t o a w n tt e e w a i v c r 6 y L e o d e r.Bamwar sha�CE�my.to
<br /> - I.ender on ibe day moa8dg WYments at�t dae mtder tbe Note.untii the Nae is paid in full.a s�m�"Funds 1 for:[A)�CiY
<br /> -_ -- ' sues aad uscssq�ents which arsy attain priority ovet this Security inst[wnent as a lien on the ProP�nY•ib)Y�Y�hold
<br /> . . _ ac c�ents an thc Property;if any. (c)Ye�utY t�d°�'P�A�Y �nsur�nce penu�(df YrartY flood
<br />-= < PaY�� 8�� . u�saru�cc p�cmiums.if any; and(h ar►Y sun!s PaYabk by BoROwer to
<br /> - insuratre Mardums.�f any:{e)YrutY m�tSaSe � � e inswance premiu�ns. 7iuse
<br /> t.enAer,in aa�ncd�c�w�th the P�ovis�ons of paragraph 8,in licu of t6e payine�t m�SaB
<br />- itans aae calied"F.scco�v Itans" Leader may.at�nY w�.coItect and 6old#�unds in an amount aaC to�exceed tbe rnaximurn
<br /> . amount a lender for a fodenlly related mortga8e toan maY requ�fa Eiorrower's esccow account uudu the fede�ai Rea1
<br /> � Esute 3ettlement Procedures Act of 1974 as amended itnm rime to time.l2 U.S.C.$Zb01 et seq.("RFSPA°!.unless ar�other _
<br /> 1 lsw tt�at applies w tbe Fiuids sets a lesser amouat If.so.I.endestnaY.at any t�me.calJect and hold Fimds in an amouat not to
<br /> � cxasd the tcssec anoun� I.e�der may estimate the amouat of Rmds due.on the basis of curnn�t,data a�d�bTe
<br /> -- � esumates otexpa�ditures af funue Esc�ow Eums oro�heswise 1n accorda�cc with appiicabte law. --_--
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<br /> � The Fw�t1s shall 6e heW in an institaaion wtase deposits are insured by a fede�al agencY.instruma�faliry . —
<br />. _ ; (including Ixnder,if I.ender is suci�an jastitution)ar in any Federai Hane La1n �����yl a���th�e �es�crow �_
<br /> the Esixow Items t.ender may nat cUarSe BorroxtEr for holding:u�d aPP�YUS -;3.��:-
<br /> ixo
<br /> t�cm�tni,ar verif�va`the Escrow Items.unless L en d er pays Borrow e r i n e e�s t o n t h e F u n d s a n d a p plicable law p e n n its ��:- �..__�
<br /> _ -I,endcr m maYe sucf�.a charga Huwever.l.ender maY require Bocmwer to pay a one-rime charge for an independent real . �::�,-••:_
<br /> -_- + - l�cabte!aw des otherwise. llnlcss an- .- r. . -- ..
<br /> � estate tax repocting service used Iry l.ender in connection with this loan.untess app p�► - -
<br /> • •: � ` agreentent is made or applicable law requires intecest to be paid I.ender sFeall not be requimA to pay Bmmwer any interest or .t_;:
<br /> _ � , qmu�gs oa the Funds. Borrower•and7.ender may agee in writing.however,.�hat interest sh�ll be paid on the Funds. l.ender _ _'
<br /> .' -,'�, � sf�ail give to Borrower.without charge.an annuai accaunting of the Fund'.�::siiflwing credits and de6its tg the Eunds and the. :. . . ..�L:
<br /> �"'� ! 'pwpose for which eacb debit to the Funds was nr.�le. 77ie Funds are pte��:as additional secur�ty for aIl sums secured by ,�. . , :;�
<br /> .•',. � _ tIw Security Instrument. "'::•. ' �:,: . . :,." . .:
<br /> .. if the Punds hetd by L e�re+�c e e d 4 e a mo u n t s p e�m i t t e d t o b e��.�€D y a p p l i c a b l e l a w. L e n d e r s h a ll account to �_; �,.kr
<br /> � �� Barower for the eacess FanAs iri accordance with the reqwmments of apg'.:�able law. IF the amaunt of the Funds held by , :"�:�4�
<br /> � {,ei�4e�at any time is not sufficient to pay rhe Escmw Items when due.Len'r�er may so notify Borrower in writing.and,in =���
<br /> � - ;,�-' � � such case Borrower shalt pay ta Lender the amn[mt necessary to make a����he deficiency. Borrowcr shall make up the _ _`� . ;
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<br /> :.:��• deficiency in no more than twetve monthty PaYments+at l.ender's sole tisc�a;d,n. :_ti-.•' �'.�� i .
<br /> � '` ���' ��� Upon payment in full of all sums secured by this Secur.zy Instnl-�-W=I.ender shall pramptty refund to Borrower any
<br /> y �•-• •-- dar to the acquisiuon.ot . .
<br /> 'r -��•:-:� , �unds field by i.ender. If.under paragraph 21.Lender shaIl':i,�;;:ire or seJf the Property.l.ender,P .-.__ .
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<br /> , �:;_��; ' �a�e a p t h e p r o p e rt y.s h a l l a p p l y a n y F u n d s h e t d b y L e n d e r�r:5 e t i m e o t a c q uisition or saie as a credit against the sums
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<br /> : ,, ,: sectcred by lhis Security instrumem. • • ; .f,�.�.
<br /> �;�'%� 3. Ap p N c n t i a n a t P J�y m e n t s. U n l e s s a�&c a b l e l a w p r o v i d e s o t h e c w i s e.a A p a y m ents received b y l.ender under
<br /> , .. �=-�� � paragraphs 1 and 2 shall be applied:firs�ta any prepayment charges due ca�r the Nate:second.to amounu payabte ander _ : �-�y_
<br /> ��~� ' parag�aph 2;third.to interest due:fourth.to principal due:and las1.to any fate charges due undet the Note. : •-��{-.'_
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<br /> ' I r��• ' 4. Charges: Lieas. Ho�rower shall pay all tAxes,mc�essments, charges, mes and im sitions auributable to the `< x�.-_
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<br /> ���r� property which ma attain arit over this Securit lnsttument.and leasehold paymeo�:s or sround rents.if any. Botrower , ��•u«�•���'- _---
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<br /> �'��Y"''.�� ' :' ' � . shall pay these abligationc in thc manner provided in paragraph 2.or if not�aid!n that manner.Horrower shall pay them on : ,._._
<br /> � ' ��'�.�'''�'�' � time directiy to the person owed paymcnl. Borrowec shall promptly fumislt�Lender all nvtices ai nmountc to be paid nnder • • . .- ....i^,.••
<br /> _ •-�_�;r � , - this pangraph. If�..x�rower makes these paymenxs directiy.BOROWCf SE'CG'°1�*vmptly fumish to Lender receipts evidencing - �. :; •�,.".
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<br /> ...Y,:;'��. ''�'• the payments. . .,;� --
<br /> ' . � �.:�-�, �i � Borrower sRa.�t�ptompQy discharge nny lien which has priority avec tr:>Securlty instrumcnt unle�.�►Borrower.(at�:es ,, �,��--
<br /> _�; � :�• '. In�zir:.�:?to the�ent of i!:e eL�ligation!:ecured by thc licn in a manner�:rgptable to l.ender.(b)contescs in good Fa:�i the � __
<br /> lien�' �u'�er:d�:-�a�mt e�:-°�c'=ement af the licn in.legal prncecding.S v�:�;:;h in Ihc l.ender's opinion operate to prevcnt the ,,f
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<br /> •�``��'��,i� • eniorcerreRC af�:l:.n:or Ec��au:res from the hol der a f t he l ien an agr�'�t w t i�f a c t o ry t o L c n d e r c ubordlnatin g tho lien ,. ;. ��.���`;
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<br /> -:'.it,. ., to this Security Iastrument. �C��.i?er det=mssic�:s that any pan af the Pra�+�s subject to.a lien which may attain priotity _x� :,t� ! . .,{,
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<br /> ;:.�=�'��;`=,�';`,''.� � ' over this Securiry Instrument.Lr�uter may giv�Burrawer a noticc identifying the lien. Borrawer shap satisfy the licn or take F • ;.�,L.� .
<br /> �•r.;�,°+� -,�, ;.
<br /> •��:,,:,.�:��� . ane or more of the actions set f�:rJrabove within 10 days oithe giving of natice. � ��;�:�%'�;
<br /> `�� ��"r`%�''� s`'•':•_ S. Hazard or Property fnsuoance. Borrower shall kcep the improvements now exicting ar hercafter erected on the �;,:;;. ` , .
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<br /> ����-�:�;;�,;,: Property insur�d against loss by tire.hazards included within ihe tem►"excended coverage'and any other hazards,including
<br /> � . .:t ��r�;=:!,'�,:•; , floods or 1loaiing.fot which Lcndcr requires insuranrc. This insurana:=.ha11 bc maintAincd in thc�moun�s and for ihe
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