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<br /> 9�-1(D4258
<br /> TO(i�THBR W[TY-1 all die improvements now or heteatter erected an the property,tt►td�II easemcnts, app��rtr.nnnces,and __
<br /> �ixtu�':.s nor� ar herenller n part of 1he prc�perty. All repll�ements nnd nddltions rhnll nlso Ue crnered by tl�is Security :�„
<br /> Iustittiitettt.All of tlie foregoinE is rcferred to in Uds Sccueity Inst�'umcnt as d►c"Property." _.
<br /> I30RROWER CUV�NANTS�ha[Oorrower is lav�fully 5excc tf f�r�cumbran cY of recorc1�11liorrower wt�rran�s�und wil
<br /> convey the Propercy end tl�ut ttic Projxrty is unencumbered, p
<br /> dcfend generally Ihe title to the Properly uguliist all clnins,and demands,subje.�:t to any encu�nbrnnces of ra:ord, :�
<br /> THIS SECURITY INST1tUMENT cambiues uniforn�covenants for nationnl use and non-unifarm covcnants with Iimitcd
<br /> variatinns by Jnri�riiccion to cnnstitute u unifnrm security instrument caver�nb real propecty.
<br /> UNIFORM COVENANTS.Barrowcr and L.ender covcnant�.*d agrrH ropal�,Rnrrnwer shsill pl'mltptly pAy when duc thc
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<br /> principal of ai�d interest oi�the debt evidenced by the Note and any prepayment nnd IAte charges due under tne iJote.
<br /> 2. Funds for Taxes wnd Insurance. Subject to applicnble law or to u wrltten a�aiver by Lcnder, Borrower sh.�ll puy to
<br /> Lender on tho day monthly payments urc due under the Note,undil the Note is paid in full.����("Fun�il) �°�eho d u ayments
<br /> and assessments which may attain priority over thls Security Instrument as u lien on the Pro ��rb�flood insurance p emiunis. _
<br /> or ground rents on the I'raFerty,if nny;(c)yeariy hazard ar property insurnnce premiums;(d)y y
<br /> }g�y; (e)yearly mortgage insurnnce premiums, if any: and(� any sums payuble by Bonower to l.ender. in accordance with
<br /> the provisions of paragraph 8. in lieu of the payment of mortgage insurance premiums. Ti�ese items a:c callcd"Escrow Items."
<br /> L,endcr m�y. at uny time, collect and liold Funds in an amount not to exceed the maximum amount a lend.er for a federully
<br /> related mortgage Ioan may reyul�c far�arrower's e°crotik �ecoant under the federal Rea1 Estate Settlement Procedures Act of
<br /> t974 as amendect from time to time, 12 U,S,C. Section 2601 et scg. ("RESPA"), unless a�iother Isw that applies ro[he Fun�is
<br /> sets a tesser mi►ou7t. If so, L.ender may, at nny ttme, collect and hold Funds in an amount not to excced the lesser amoUnt.
<br /> Leudcr mAy estimate the umount of Funds due on thc basis of current data and reasonable estimates of expenditures uf f�tvre
<br /> Escrow Itcros or otherwisc in accardance with aFplicable law.
<br /> The Funds shall be held in an institutian whose deposits are insured by u federal agency, instrumentality. or entity
<br /> (including I.cnder, if Lender is such nn institution)or in any Federal Home Loan Bank. L.ender shali apply the Funds to pay the
<br /> Escrow Items.Leuder may not charge Borroti�ver for holding und applying tlie Funds,ennually analyaing the escrow nccount,or
<br /> verifying the Escrow Items, unlesg Lender pays Borrower interest on the Funds arid applicuble law permits Lender to make such
<br /> n charge. However,I.ender may res�uire Borrower to pay a one-time chargc for an independcnt reai estate tax reporting servace
<br /> useci by Lender in conm;ction with this loan, unless applicable law Provides otherwise. Unless an agraement is made oc
<br /> applicuble law requires intcrest to be paid,I.endcr shaU not be required to pay Borrower any interest or earnings on die Funds.
<br /> Borrower and Lender may ngree in writing,howEVer, that interest sha11 be paid an the Fuads. L,ender shall give to Bonower.
<br /> wiii�ou�:.�arg:,. .:.'s:nntss!�`-'""-"-tin�of the Funds, showing credits and debits to the Funds and ths purpose fcr wh:ch euch
<br /> debit to the Funds wav madc.Thc Funds are pledged as additional security for all sums secured by[his Securiiy Iii�i�a���.�_•
<br /> If tlie Funds held by Lender exc�ed the amounts pe.rmitted to he held by applicable law,I.ender sha1Q account to Borrower _
<br /> for the excess Funds in accordance with the requirements of applicable law. If the amount of the Fuckis held by Lender ai sny
<br /> time ls not su�cient to pay the Escrow Items wh�n due,Lender may so notlfy Borcower in writing, And,in such cass Barrower
<br /> shall pay to L,ender the s�nount neccssary to make up the deficicncy. Borrower shall make up the deficicncy in no more than
<br /> tweive rnonthly payments,at l.endei•'s sole discmtion.
<br /> Upon payment in full of all sum� securcd by this Security Instiumeut, I.ender shall promptiy rePond to 6onower any
<br /> Funds hcld by Lendr,r. If,under paragraph 2.1,Lender shall acquire or sell the Property,L.ender,prior to the acquisition or sale
<br /> of the Property, shalt apply any Funds held by Lender at lhe time of acquisition or sale as a credit against the sums secured by
<br /> this Se�curity Instniment.
<br /> 3.Applkatlnn ot Payments.Unles9 applicablc law provides otherwise,all payments received by Lender undcr paragrap s
<br /> 1 and 2 sl�all be applied:first.to a�Y P�PaYment charges due under the Note; second,to amowus payuble under�aragruph 2;
<br /> third,to int�rest due;fourth,to principal due;and last,to any late charges due under the iQote. .
<br />- 4.Ch�rges;Liens.Barruv�er shall pay all taxes,assessmcnts. char$es,�nes and impositions attributAblc to the Fcoperty
<br /> which may Attnin priority over ttiis Security Instrument. and leasehold payments or ground rents, if any. Borrower shall pay
<br /> thesc obligations in the m�tnncr providec!in paragraph 2,or if not pald in that munner.Borrower shall pay them on time diratly
<br /> to tlie person owed Ruyment.Borrower shall promptly furnish to Lendcr all notices of amounts to bc paid under this paragraph.
<br /> tf Anranw�r mnkes these DaYnxnts directly,B.�rcower shall promptly furnish to Lender receipts evidencing thc payments.
<br /> dorrower shall promptly clischarge uny lien whicP�lias p►�orny uvc�d���Sa.�-:�_:��::��="��=•^-'•`s n"r'^'�"''• ral eerees in
<br /> writing to the payment of the obligation secured by tlie!icn i�a manner ac�eptable to Lendcr;(b)contests in good faith tlie lien
<br /> by, or defends against enforcement of the lien in, legal proceeclings which in the Lender's opinion operate to prevent the
<br /> enforcement of the lien;or(c)secures tiom th�holdee of the lien an agreement satisfactdry to I.ender subardinating the lien to
<br /> this Security Iastrument.If Lender determincs that m►y part of the PropertY is subject to a lien which may attain priority over
<br /> this Security[nstrument,Lender may give Bonowcr a notice identifying the lien.Borrower shall satistiy thc lien or take one or
<br /> mvre of the actions set forth ubove witliin 10 days of thc giving of uotice. ,
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