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<br /> � w�IInat�CpYENANTS flnt Borto�er is IawrtWly sei�ed of the e.�wte 6esshy caavryed and d�s tbe ri�t to-�at sod_
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<br /> ,. ��tl�Ythc titic w tis�Pcoperty �ag�tds{a1!claia�s and�ds�s�bJoc�t�n anY aoratmbances vf iocac�. �
<br /> . THLS SLCtJR1TY INSTAiIMENT cambiaa uaiform ooven�nts fa�a�tia�tt use aad non-unifotm omen�ots with limitad
<br /> ' Y1�I�jpA$��►�IlijShcChWF.;O G044[ItYLC i IUIlfOilb SlAUfL�t tRS'h71�IG11[COYEl111g TpI pIO�[LS/. - '
<br /> jJjrjff(�jY��Y�NI�.BOFNSYCi 30�I.C�G[EUYCdaE�3f[EC SS f0�0'V�S: • � ` —
<br /> . .l. pR�t�t pl�■cip�!ad Lred: Y�ps7�R�nd I.ate C6ir�.Bormvr�er si�all pmmptlY Pry when dae d�e'.
<br /> pnacip�i of aod LoteKSt on tbe deM evideaoed by the'Nnte and�ny p�ymau-aod 1�te chuges due under the Nate. ,
<br /> " 2.�ld�s tK Ta�a�d t��oe.Subjeet w appiic�bk law or w a wriUeo w�iver by Leader.Bomawer sdall pty to
<br /> l�eoder on t6e daY��Y WY�S sue due uude�tbe Nate,u�the Nate is paid in fulJ,a sutQ('F�nd�'l far:ta)Y�Y�
<br /> ���a,����ap�M,►���s��►���,����;(b)l�Y��P�, ,
<br /> oc gcnana�ems on the Propasy,if�ny;cc)qeuly l�a or p�ape�sy iaauanx p�ndaas:c�r�rl�ttoaa inwnnce pnmiums, -
<br /> if aoy:(e)Y�Y��5�iawra�wx premium�.if any;arW(fl�►Y�WY�bti�Y Borrower to t�eader, in�cao�daooe witb
<br />_� 16e pmvisions of parsg�h S,in lia��f the psymeat of maitgage inwnnce p�emiums.T6esa items are dled'Esccuw Items.'
<br /> - i+endec mty.at iery time,oaltect a�fiold F�ds in an am�t not to eaoeed the�imam�s►kader for a fedeta!!y
<br /> - nlated ma�t8age laan maS►�oquire foc Bomowec's escc+aw ar�ount nnder ttu fode�ai Real Fsmte Settler�nt Ptocodu:es�4ct of ---
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<br /> t974 as�teMed from dme to time, 12 U.S.C.Soc,tion 2601 a aeq.('RESPA"),.ualess�nodur law tl�at applies ta the Funds _
<br />- sets a lesser�moa.ot,if so.Lendermay,at any time.ewilcct aod hold Funds in an aa�ount mt w e:nood tbe tesser aa�at.
<br /> �� � Lender miy�ate�be aimunt of Fw�ds due on the 6acis of curn�nt data�d�eason�ble estimaas of expenditares of.fawn` —_--_
<br />:� Fscmrv Ite�cx oti�erwise in�ccordance witti applicabie tau€. �� .
<br /> -� insnumearality, oc eotity �"`��
<br />`- ".11�e Fundg sh�U be held in an institutioa w1�c�ts atie inwt�ed by st federal agency. i
<br />;i'�',- C�S�+if Leoder is such aa insiitation)or a�ma+j�dersd Home Lo�a Banlc.l.ender shall apply tbe Fuads W pay tlw _--
<br /> F.sczow Iums.i+e�ader may nat charge Borraaer for b��ac}aPPlying the Fuads,aanually aaaiyting t6e escrow account,or��, : ,�:� -
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<br /> ` '. ri' � the Esaow Itcm4,nntess Lender pays Barm�isr 3aerest oa the Funds and applicable law permits L.ender to maice sadm • .� * =��-
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<br /> . -,; -a cbuge.Hov�rever;I�ender may teqvite Bormwertca-�sJt����far an inde�endent r+eal estate tax sr�asting setvice..�� _. �'-�_��'�::.
<br /> - p t is made or i=�;�':'`'��``:�=
<br /> ` nsed by �.ender in wnnection wiW tAis loan, t�zGess.applicabte law rovides othetwise. [inless an ag�en i
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<br /> . ' ppplicable law Rquins interest to be paid,l�er�!not be requin�to pay Bocrower any iatet+est oz eamings on tl�e FuMs. �`�r i,�'_`--_-
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<br />' ,;;::.;7 - Bormwer and Lender may agae ia writing.��vev4f,ttiat interest shali be pai�on tlie Funds.Lender shall give w 8orrower. �t�. :, •,�; „--
<br /> - _without_c�ge.�an_annual_accounang of the Funds._shuwiN�credits and debiu to the Fands and ttre putpose far which e�ch ;�.;l�_
<br /> ' ` ddsitto the FuMs was made.The Fw�ds a[e pledgod��sd3itional securiry for atl sums socure�by fhis�cunCy�meu�_. _':Y.:.� --
<br /> . , y'; ' �.If the Fuuds held by Letder eacad tht amouats�od to be t�eld by appli�le law,Lender st�all accacc�t to Barmwer ��-��`±�':
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<br /> • 4. for the excess Fw�ds in acoordanc.�e with tbe requlreme�ts�s applicable law.If the araaunt of the Fands held 6l�nder at aay ?��-`
<br /> ;:�t� .s- ' dme is nat snfficient to pay the Escrow Items whea dae,Leader may so aofify Borroarer in writing.aad,ia sucir s�se Borrowec _ =�..'.::�. ,
<br />•;�i:�:?. :��.4;: - -
<br /> � -,,.• shal!RaY Co L�er tUe ama�t nacessar�►to maYe up the defieieney,Borrower ahal1 ma1ce up tUe deficiax.y in no awn tlu� ` ' .':�rv, . --
<br /> • �i twelve monthly�paymeats.si Lender's sofe disc�etion. � ;r:'�~.3
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<br /> - r . U n t in full oY all sums sec�r�d by this Sec.urity Instmment, Lender shal!promptiy refuad to Borrower any �.:,;'T � ,� �,.;,ti _
<br /> • . ' •-. �ac. Pp Pa3'��
<br /> " ?° Fuixfs held by Lender.If,untder P�B�P � .,_._.
<br /> h 21,Lender shall ire or sell the Property,I.cnder.prios w the acquisition or s�1e , ,�`�:.;
<br /> �� ��'� ' of the Froperty.shall apply any Funds held by Lender at the time of aoquisition or sale a4 a credit against t6e sums secured by �. :. .- :�',^
<br /> .,:.;�' :-_"=-._
<br /> _ _ tbis 5erur�ty lnsitument. � . _;_.,
<br /> 3.Appliption ot Faymeets.Unless applicaDle law provides otfierwisc,all payments rxeived by Lendes uader paragcaphs :�_
<br /> � - 1 and 2 shall ix applied: first.ta any prepayrtrent charges duc uader the Note:second,to amounts payable under paragraph 2: ,';.,
<br /> � r the Note. � ;. ., . �5 y--
<br /> ' third,to interest due:fourih,to principal due;and tast.to any late charges duc unde
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<br /> : . LA��L.�; , 4.Chrrges;Liens. Borrawer shall pay atl ta�ces.assessme�►ts,charges. fines and impositions attributable to the Propetty _,}�..
<br /> '�'`��� which may ai�ai�priorlty over this Security lnstnunent.and leasehotd payments ar graund rents, if any. Borcowe�shall pay :,�'*.:
<br /> .. .-•,.;.....,, -
<br /> . 4, "�` ``'`'` these oblig,atioas in the manner provlded in paragraph 2.ar if nat paid i,�that manncr.Honower shali pay them on dme directly . �_-
<br />. ��'. .. ---
<br /> to she p�cson owed paymeni.Borrower shall promptly fumish to Lcnder atl notices of anwunts to be paid pnder L�'iis paragrapb:.�� ' �
<br /> � I!Borrov�e�makes these payments directty,Borrower sha11 promptly fumish to LenB�r receipts evidencing the�ayments. •. �•-
<br /> - � Horrawa aha11 pramptly discharge any lien which has priority over this Security lnstrument unless Borrower.(a)agrees in . _ : ���_;
<br /> .•; �.. ^ writing to the payment of the obligation savred by the lien in a manner acceptabtc to L�cler:(b)contests in good faith�'te t,iaa . =":
<br /> ,,�.:,. .t,. .? , ,by,or defends against enforce�nent of tho licn in. tegai proceedings which in the l.ender's opinion operate to preveaa t6e . ,�;:�;.
<br /> ' ��;;��!,1; . • enforcem�mt of the lien;or Qr}secures from the hotdc�of thc Ilen an agncement saefi��toey to L.endes subordiaac.�.�the]iea ro •� �
<br /> , . � r, { .-
<br /> � •,,' ';; �s;;�;�..:;�',''��. ih�s Security Instrument. li 3.endcr determines that any part of ihc PropeAy ia scb;uc to a lien which may att�priority aver �� . ••
<br /> �;�'� ,•��:.• `' this Security Instrument, Lcndcr may give Bonowcr a noticc identifying the licn. £��owcr shall satisfy the lie�ar talce ono ot . ,
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<br /> ri::;r..; #�,..-�., mare af the actions set FoAh abnve within 10 days of thc giving of noaicc.
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