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<br /> . � ��TOQE7�R�Vm1�it dre imp�e�rtmaxt aou or r�tla eeec�ea ca tt�e pmpe�ty.aaa at�ea�aoo�ats.�ppn��ee�.oe...� ` ,
<br /> fimar.s ao�v or Leietl4er a p�t of the peoQe�ty. All ceptaoemq�s`aod additfa� sEtit dso be oo��a'ed by tbis Sec}uiey
<br /> . � `Ia�mtxat.Atl of dre fangoit�is teferred ta in this SacuritY Im�umeat n the"Prope�ty.' �
<br /> H($tROWER GOVENlINTS d+at.BnRO��er is bwfully sdsed af the sst�tc liereby aonveyed and 6u the right to Saat�o�d. ,
<br /> .' coovey tbe Pmpe�ty and that itre?roperty is u�oaumbe��eacept for cncambrances of t000N. Boarovror warnnts sed�viU . .
<br /> ` - defeod ga�eraUy the title ro the P�ope�ty sgsinu all ctai�uid danand+.subjat to any encumbr�r�css oi reaocd.
<br /> � '�HLS SECIJRPFY INSIRiTMENT com6iees uaifixm rnvenants for.n�tiotwl uce and non-unifocrnoovensnts with litaited
<br /> ' . v�tio�byo j�uisd�tQ s��ntitute a:uaifntm scw�ity�csument mveing Fru'R��Y- _ . ._
<br /> -: — -
<br /> . LTNI60RM C�OYENANTS. Bor�owa snd Letder rovenatM and�gree as foltaws: -
<br /> l.!M'�t ai l r i�d}�I ad IMee+�t� !1!'�P��aMi I.ite CANr�. Bormwer sh�1t�on�yiaiY PaY xhen due tLe- -
<br /> • priaeip�l o�'and entae.ct ort tt�e de�t cvjde�od by the Nate pnd anY PnWYment and late chatges due undcr the Nae. `
<br /> ' 1.Fa�tor Ta�ces�trwearoe Subjact tQ�ppiicabk taw or to�writtert w�ver by l�ndes.Rorrower sh�ll pay to
<br /> Itnde�on the day nwnthly payments are due under the Nute.u�the Nate is paid in fult.a sum C'Fandc'1 for.ta1 yeuig t�ua .
<br /> - aad a�ssa�s Rrltich mty attain priority over this Security tastnunent as a lien on the Pioperty:tb}yesrly IessehoW PaYm�
<br /> or gcr�urd�+ents on thc Piapeny.if ury:(c)Yc�ci�I�r�d or Pmperty insu�na praniuu�a:td)YartY tiavd i�uu�anoe pceituwm, , _
<br /> gcr u
<br /> if aay;(e)Yearly mongage im-urance premiu�. if aay;aad(t�anY�PaY�le by Horrower to l.eraitr.in acoordance witb
<br />--- tl�e p�,nvisions of paragraph 8.in lieo af the paym�eac of aiortgage inguranca praniums.Tlxse items are iaatcd'Escmw Ttems.'
<br />- l�da may.a[aay time.rolloa ard hoid Funds ia an amount noe to exc�eed the cnaximum amaant�t 1e�r for a fedenlly .
<br />- ieTatod mbrtgage loaz►may requin for Bors+nwer s escmw acrnunt wxkr the federal Real E.�ate SeN�ornt ProadaRS Act af- -
<br /> 1974 as acoendad from time to time. t2 U.S.C.Secu4n ZbOI n s�q.t'RFSPA"),unlas aciother Iaw tbat appiies to tl�e Fuuds
<br /> - sets a leuer�mouru. If so. Lender may.a[aay time.colloct ard hold Funds in an artnanc aat to earaced the lesser�na�uu.
<br /> .� am
<br />-�� Is�der may es��e the aanunt of Furds dae on the basis of cucrent data aad re�san�ble�ot e,apenditures of futunc
<br /> _= Escrow Item4 or otl�envisc in accard�ace with appticable laar. ' .
<br />_:.�:�•' Tde Funds shalt be Ixld in an instim6on whose deposits ace instued hy a federa!age�Y. iastrummtality. or e�tiry
<br />;;',:`, (�nduding I�nder•if L.eader is sud►an iastitntionl or in any Foderal Home Loan Banic.Leioder shall appiy the Funds to PaY tbt �, -
<br /> Fscmw Itemg.l.ender may not charge Borrower for 6otding and applying the Farids.annually analytiug the esczo�r ao�wat,or �r��s-
<br /> ;��
<br /> verifying the Etcraw Items.anless E�endes}�ays Borcower iiue.ce�on the Funds and�ppli�able faw permits i.ender tv make such �:�:.�..•,.:
<br /> an
<br /> ir�Borro�er to a one-time c e for an ind reat estate tax reporting service '`;;.';��;=
<br /> a cUarge.However.Lendec maY ceqa' paY �8 �
<br /> .,.�«r�....
<br /> -:• - t�sed by l.ender in.connoction with thss toan. untes4 appiicabte law provides othernise. Untess an agrcement is made or . ..:��=s�,;�
<br /> sed
<br /> .. -,%'.. '. . a licabte law uires intemst to be d,Lxnder shall not be required to a Bomnwer ang iateresE or earnings on the Funds. - .%-�i�F:;::.-
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<br /> �k°� � . Barrower and Lender may agree in writing.ho�evec,that interest shalt be paid on t6e Fuads. Lender shafl give to Borrower. -
<br /> ; .,-- :.
<br /> �'` without charge.an annual account':ssg of the�s.showing ccedits and debiu to the Fands and the pacpose for whlch each f�-rr-:r,-.:,_
<br /> debit to the Fw�ds aas made.The Funcis are p'.e��d as additio�l se,curiEy for a11 sums securod by t6is Seaarity Insbrament. _ � •"°-
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<br /> . fi:Et�:e Fuads hetd by I.ettder e�ceed tfre amounts permitted to be hetd by applicable taw.Lendeo sh311 acrnum tu Sorrower .'�`'K� -
<br /> 1
<br /> - for�e�icess Funds irt aocordan�x{i��it the re.quirements of a�ticable law_If the amat�►x uf the Furids held b t�aai�c.at an _�"�'�"��
<br /> � � Y Y ,�':_-�:
<br /> tit�•:s�±at sufticient to pay the Fse•ra�ite.�.�a3sen due,L,erxter may so notify Borrower i�writing,and.in such case�uirower .••.,�
<br /> � -_ :3� shall pay to l,ender the amount nei�sary to�ice up the deficiency.Barcower shall maice ug the defrcienty in no mare th�n `"�=� � '-
<br /> '� �' twetve monthtY paymenu.at i.ender s sote discretian. . •. , . °°
<br /> , •tJpon payment in futl of ali s�:ms secured by this Security lnstrument. Lender stra.li promptly refund to 8orrower any •_;.�.;.,w,:, � ��
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<br /> t,-�� � �r Funds held by[.ender.if,under$z.5-�yh 21.I.ender shall acquire or cell t he Property.�.'�r,prior to t he acquisi tion o r s a l e �,r:;:z�;:..•:. ,,
<br /> '•`.: of the Ptaperty.shall apQly any iFa:y�s held by l.ender ae the time of acqujsitian or sale a.s a credit again5t the surtts secured by '+':'`':'�;'.``��
<br /> r,��.r:, ___-
<br /> �'.. this Security Instrument. � : . • � ��--
<br /> . `�� _ .. 3.Applkation ot Pt�yments.C:�S�s applicable faw provides otherwise.ai!�►aylue�s receive�by t.eci'er under paragraphs . ...:.;;�
<br /> � � � l and 2 shall be applied:first,to ac�p.epayment charges due ander the hote: sccond.Gs��ount�v payable under ga�raph 2: ��,�;''� ;.—
<br /> � � ��� � tAr�_tp interest due:founh,ta a_. dae;and last.to any[�.+-s char es due under the:.`cx, ' ! �'����`�:;!;� �=�
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<br /> �. - r�'�Y 4.Clw t g�.w:I.iens.Borrower st�l! all taxes, aSSess��nts.char e�:.fines and C s�sitions attributabte to ti�C'�'operty ��t• ' '-
<br /> - � P�Y g . � �i' .�i�,',;:��;:: �=-`�--°
<br /> . ; ' which may attain priority over this Security Instrument.and leasehold payments ar gr�;�rd rentti,if any. Bvrrower shall pay _ •t,_.: .`=_ _
<br /> ��ti`. ��` �:-----
<br /> � „1�•4;, thesc obligatians io ihe manner provided in parugraph 2.or ii not paid in that manner.Barrawer shall pay them an time directly ;• ,„_�_
<br /> ' �•P�?� � ta the rsan owed a ment. Borrower shall rom tt fumish to Lender all notices of amounts ta be yaid under this paragraph. - ''��°t��
<br /> .;,_�,..., .,:
<br />__ _ _ ,i pe P Y P P Y ; . tl fumish to L.ender rp�i ts cvidencin thc a men�� ,: `�g,}�� �
<br /> lf Borrower makes these paymcnt��irectly.Bonower shall�sn.mp y , P S V Y � ,�-�;`f .��:
<br /> ` . ' - Borrower shaU pmmptly d'asdrarge any fien wfiich ha4 Fri�ffrity over this Sccurity instr,�ment unless Bortower.[at•agree�in � 'r•,,;;� ,�__
<br /> . writi�to ihe payment oP ihe obligatian�ecured by the lien in a manner acceptable to[.cader:(b)cantests in goaei fsir?�the lien . �;,;=
<br />• :;:; by.or defends.against enfarcement af ihc lien in. lega{proceodingti uhich in the Lendcr's opinion oper.se ro �:evcnt the `. " ' �����sF^''k:'
<br /> ��t�:!i '� �Ai.'�1n" ' :�:?,'.';1
<br /> . ';,; �,.:,{1r,;:�,. enforcement of the lien:or�c)secures irom thc holder of ihe lien an agreerncnt satisfactory to l.ender subordirtatin�the lien to
<br /> "'` ';-i�"�_°:k'��' :�F� � this Secnrity lnstrument.IF l.eader determines that any pan�►f the Property is subject ta a lien which may attain priarity over • •
<br /> -, 'r""``' '•� •� this Security lnstrument,l..ender may givc Borrawer n notice idcntifying thc licn. Burruwer.hall sstiyfy thc lien or takc one or
<br /> "�.,:,...,.. . .
<br /> • �;t, ��r�. mure of the acdans set fonh above within t0 days of the giving of naticc. •
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