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<br /> r �oc�n�wrrH a�i���naw a��a���cr.���.;�,` -
<br /> aod fu�purs noev a ltar�fid'a put of 1Le p[opetty. Alt�+eplaoeroa�tg aad additians st�all atso be c�ave�ed Dy this Seearity •` .
<br /> -=-=�=�—i�qnunp►t' All of tl�e f�is n[ared ta iie ahis Sa7u'itY I�t�ac th�-pro�terty�.".,• : ' � _- .
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<br /> ` ,BOdiROWEtt CO
<br /> . `and ca►Yey tbe Propaty aod�tfwt Me Prnpeey is uae�w'�m►beiod.excegt fa encumbra�ces of�oN. B�arowcr wur�nts and
<br /> will defead gencrallythe atk to the Ptaperty agau�st a11 claims and demusds.subject to any encwniaances af record. ,
<br /> ` TtUS SECURTTY INSTRUMEDIT comba�es uaifarm cxivenants for n�tional use and noa-un►�a�covenanss with
<br /> luaiud vatiatiws by jurisdi�tian to wnsabite a unifunn sect�tilY in�n�ent covering nal pmperry• �
<br /> Ui�{PORM C'OVENANIS. Boicowe�and I.endarcovett�nt and agm as follaws: P�P�Y WY .
<br /> � l. Al�t d Priic�pY s�d T�G�WJ►mt aod L�tte Ciar� Bonower sUall v►rt�en due Ne ,
<br /> principal of aod intaesc an tl�e debt e�idenced by tise Note aiid anY pepaymeat and tate`chazges due ur�der the Note.
<br /> law Qr to a wntten waiver by Lendes.Bonnwer shall p�y to
<br /> 2, Fl�ix Tun a�i Is�s�cG Subjed to�PPU� .
<br /> Lender on tb�day mout6lY WY�a�e due under the Note,uatil the Note is g�id in fiill,a sum("�iuids"1 for:fa)YadY ,
<br /> tues and assessn�encc which may atpun priuritY ovet Ehis Secvriry Instrument as a lien oa the Prope►tY:(b)Y�9�b .
<br /> -- � P�Y�a B��rents oa the Propaty, if.any; (c) YearlY hu�d or pmp�Y �T��PRrtuwn� (d) yeulY fl�d
<br /> - ins�uaace Pnnniums,�f aay;fe)9�Y�S�Se ins�urance P�en►iums, if any;and(��r►Y�ms PaYabie bY Bormwer w
<br /> l,e�der,in accordtixx wiW the provisians uf par�graph$.in lieu of the paymeai-of moctgage insurance,peecnwa�s. These
<br /> items are ealkd"Estrow items.".Leader m�y.at any time,callect�d hoW l�nds.in aa artwunt no!to eacad tbe�maximum
<br /> ,. _ . arnauit a lendec for a fedeially nlatcd m�tgage toan`may�quue fa Boimwer�s escrow�ntur�the.foderal Rrai
<br /> "- � Est�te Seulement Procedu�es Ac�uf 1974 as aznended from time to tmu.12 U.S.C.§260t et seq.("RESPA'�,untess aa�her _ . .
<br /> - law tWt applles to the Funds sets a tesseramt�mG If so.Lendermay.at any wne.coqcct and hoid Cvnds in aa aaionnt not to _
<br /> exceed the tes,us anauat. Lender may esiimate We amount of F�mds dut on the b�sis of cucretu data and trasonabie
<br /> -" estimaks of expenditu�es of fatune Escc�w Itemsoc otherwise ia accacdatiCe witb applicabk taw.
<br /> Tde E'vnds s6a11 be heid-ue�n institution whose deposits are.inwred by a federal agencY,insavmentality.or endty
<br /> (inctuding L.ender,if€ender is such ar�instimtion)or in any Federal Home Loan Bank, I,ender shall apply the Fwxls w pay
<br /> tt�e Fscmw items. lxnder may nbt charge Borrower far holding and applying the Funds.annaally analyzing tbe acrow
<br /> - t e s ga�wer interest on the Funds aad appl�Cable taw pertnits
<br /> - account, a vec�fqiag ihe Escrow Items,unlcss I.ender P�Y
<br /> L,ender to make.sac6.a charge. However.Lender may require Bocrower to pay a one-cimc charge for an.independem real
<br /> " e�ate ta�c reporting service used by Lender in connection with this Ioan,unless appiicable!aw provides athecc�+ise• Unless an
<br /> �,: , agreement is made or ap�licabte taw tequ"ues interest Yo be paid.L�nder shalt not be raluired to pay BFxrov�es angiuteresia .
<br /> canuags on the Fiu�d�. Borrowec and L.ender may agree in writing,h+owever.that interest sha}1 be paid an��unds E�ender
<br /> ��'�;= sUall give w�Bormwer,withouc charge,an aanual ac.connting of the Funds.showing credits aad debits ia the�tds-and the
<br />, �-� purpose.for which eaeh ciebit to the Funds was made. The Funds are piedged as addiuona!see+�sity far di;sums secund by
<br /> f='` this Securiry Insuumen�
<br /> •` � If ihe Fuads held by Lender exceecl the amounts permitted to be held by applisat�Ie la�v.1.eadac shaU account ro .
<br /> �; + Bocrower for the excess Funds in accarclance with the t.equimments of applicabie law. if the amoant af the Funds held by
<br /> � :�: L�en�er at any wne is not suFfieie�to pay che Fscrow Items when due,l.ender may sa nefify Eotrower in wrlting.and,in
<br /> . su�,ca.se$c�ower shall pay ta E.eader the amount neeessary to malce up the defccienc.y. Borrower shall make up the
<br /> ckf�ciency in no more than tweFve monthly payment�,at Lender's sole discr�ion.
<br /> - ` rcfund to Boaower an
<br /> '• {tpon payment in full of all sruns setvred by this Security Insuument�Lender shall promptiy Y
<br /> .:�;.. .,��:-�r�_���. �Fundsheld by l.ender. If,under paragraph 21,Lender shall acquire or sell the PropeRy,Lender,pnor to the acquisitian or __
<br /> „ ,;�� ' sale of the Property.shall apply any Funds held by I.ender at thc time of acquisition ur sale as a credit against the sums _-
<br /> ' • -r. secared by this Securiry Instrument. €�"A'`�;
<br /> ��, :�.�'�:� 3. AppUcAtion ot P�ymenv. Unless applicable law provides otherwise. all pa�2nents received by Lender ander
<br /> paragraphs 1 aad Z shall be applied:first.to any prepayment chazges due under the Nate:s�;ond,to amounts payable under �,_``;_�`
<br /> � � parag�aph 2;thind,to interest due;fourth.ta principal due;and last,to any late charges due undet tlie Nate. ��-
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<br /> 4. Ch�rges; Liens. Borrower shall pay aU taxes, assessments.charges, fines and impvsitimis attributable to the
<br /> � propecty which may attain priority over this Security lnstrument.and leasehold payments or ground rents.if any. Borrower ,^;�:,
<br /> �.�_ �.:. ' shall pay these obligations in the manner provided in paragraph 2,or if nat paid in that manner.Borrower shall pay tt�n on
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<br /> • �;..,; time directly to the person owed pay�nen� Barrower shall prampt1y fumish to l.cnder atl notices of amounts to be paid wnder
<br /> ���' , this paragraph. If Borrower makes these payments directiy.Borrower shalt prompQy fumish to Lendet receipts evidencing
<br /> . ..� r:-��` the CIU9.
<br /> ".:� � • Bmrower shall promptly d�scl�arge any iien which has priority over this Secusity Instrument unless Borrower:(a)agrees
<br /> � in ariting to the payment of the ob?iganon secnred by ihe lien in a manner acceptable to Lendcr,(b)contests in goad faitll the
<br /> �`�' " lien by.or Qefends agai�st enfarcement of the lien in.Iegal praceedings which in the Lender's opinion operate to prevent the .
<br /> enftxcemGnt of the lien;or(cj s:cures from the holder of the tien an agrecmem satisfactory to Lender subordinating the lien '��.`�
<br /> to this Securiry Instrumen� 1f`Lender detetmines lh�t any pan oi the Property'ss suhject to a tien which may attain priority -
<br /> ` - over this Security Instrument,l.ender may give Boaower a notire identifying�he lien. Borrower.shall satisfy ihe lien or take
<br /> ' �'': �`:��� ane or more of ihe actiuns set foitl�ubove within!0 days of ihe giving af notice. .
<br /> ' T ��''�'` S, ps�rd or property insurance. Borrower shall keep thc�mprovements naw existing ar hereafter erected on the
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<br /> -�� . ' •� ���• Fraperty insured against loss by�re,hazards included within che tenm"extended coverdge"and any o16er hazacds.including �
<br /> ' X� ` ��� floods or floodino.fot which Lender requires insurance. This insurance shall be maintained in the amounts and far Ihe
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