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<br /> � mGfit�rFR wi'i7�t il�cne.;mprovcmaits oow or 6c�eaftct e�eccca an ine prapercy.�na al�easeme�ts.appurten�. , �
<br /> __. �-... �����-�.�_�p�_�-��peny.�All,npi�oemeocs aad add�donx sh�ili atw be covered by this Secuticy
<br /> Instcumen� AII of the fixego�ng is rcftrted to in tivs Securi�ty I�isuumeat as tTe"P o�pe�rT"y: ` --__ . - - - __
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<br /> BpgROWER COVENANTS that Barcower is T�wfaliy seised af thr esate nereby oajnveyed and tias�he�ight.to grant
<br /> and caavey the Propetcy and tt�at the Propetty is uneocumbeied,eacePt far e�ncvmbrances of record. Bamnwer�variants aaQ
<br /> � wiE!ckfmd generallY the titk to thc Ptoperry against all rlaims and demaads.subjcct to any ensum6raitces of iecord.
<br /> 'THIS SECURI7'Y INSIRUIVIENT comD�nes uniform covenants for nvional use and non-unifoim.rnvenants with �
<br /> ' Gmiteii variations!ry juricd'ictiao to cautimte a unifocro s�uitY insannaent cav�'it►g m,�t pmperty --
<br /> UMFORM COVENAi�'f�. Bartuwei and Lender coveo�t aad agree as foAows: : .
<br /> L P�pseat ot Prf�clpat aed tit�st:�ep�7meet aed Late Cb�. Botrower shall piomptlY PaX when due the
<br /> � priocipat of and interest on the debt evidenced by the Note and anY P�lPa3rme�t arM late charges dae under ttte Note. � --
<br />_-- 2 Fa�ds tor Taus sid L�n�ca Subject to appficable law or to a written aaiver by I.eidec.Bo�awer shall pay to
<br />=�= Leo�kr on tho day moathly paymeats are due nnder the Nate.untii the Note is paid ia t'ult.a s�m t"Funds'•�for.ia�ea c6old -
<br /> tases aod assessu�ent�which may attain priority over this Security Instrurnent as a Tien,on the P�operty:(b�ycariY `���-
<br />= PaY�� °�8��rents on ttie Properry. if an�. (c)YeariY ha7a�d °r p�'°peRS'�e P�!�u'�; (� Y�riy�flaod __. .--
<br /> insuranoe premiwns,�f anY• te)Y�Y �nSaSe insurance,p�emiums. if any: and l�a*1Y sur�PaYable by Barower to - ---- --
<br /> i.ende�In accurdance witb We pmvisions of pazagraph S.in Geu of the payrt�ent of mortgage inwrance preminms. These �,___--v -
<br /> items are caUat"Escmw Items." Lendec may,at any wne.cullect and twid Funds in an amomit not ta exceed the maxim� _:a=�4=-___
<br /> amount a lendec for a#ederalty retated mastgage loan may zequire for Borrower's esaaw accoant pnder yhe federal Rea1 -,��- -� -
<br />- . Fsiate SeNetnent Procecim-es ket u€I974 a�s�et�dec!from dae�tQ time_�2.II.S.C.S 2601_el se�f"RESP�'.'�,:unless.another _ - -„_=
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<br /> law t6at appHes to the Funds sets a tesser amoura. If so,Lender may,at any time,collect and�ics�3�imds�in au amou�u'ad to - ;=�<y,-__
<br /> eacecd thc lesser artionnt Lender may estimate the amount of F�mds due un the basis(�.c�t:,da"sa and rea5oiia�l,e "�= F'.
<br /> x , estimates of eapenditures of future Escruw Ite��.othe�wise in accoMance with appticable laR: ,.,..:..` • ` � ?_-_-
<br /> �;>?='.';-�'. The..Fvnds shall be held'm an instItuf�'�i-;�?"aase Qeposits are ins�red by a fede�al ageac�;.i�smu�entality.or eatity • _-�-� -
<br /> (inclu�u►8 i.ender.if Lender is suc#s:aa insti��.i�it in any£rAeral Home Loan Bank. Lendu shall a�pt�r the Fund�to PaY : ' T:-
<br /> - ;. �Y��' [i�e Escmw Items. Lender may:��`���e�a�wer for(iotd'ing and aPP�Y�nB the Funds.a�pally analJrzinB.tbe esciow `7:-
<br /> .;�r �� account,oi verifying the Escro��,�"���pays Bacrower imerest on the Fiu�ds�c�appiicable law perinits ,^;n --
<br /> . . Lender to make snch a charge..f�a:u�t�t,I:�u���ay r e q u i r e B o r r o w e r t o p a y a o n e-t i m e c�a r g e f o c a a.i n d e p e n d e a t t e a l °`� '.` ,
<br /> ` ` estaie tax reporting service tued by�.�ender en C�tion wtth this loaa.unless applicabl�law pr.ovides;otherwise. Unless an �_�'f��`=-
<br /> ` � '• • , agreement is made or applicabte 1�r�uues interest to be paid,l.ender shall not be required[o gay Soroarer any interest or '�
<br /> t�''' � �ngs on the Funds. Bocrower aa�i Lender may agrec in writing,however,that interest shalI�e paid on tbe Funds. Lender
<br /> �.,,
<br /> . F;�s; ` • , shalt give fo Bonawer.withotn ctn�ge.an annnal accounting of ihe Funds,showing credias,�ddebi�s to the Funds and the '_:�
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<br /> - ' • purpose fQ"r whicb each d�hit to the Funds was made. The Funds are pledged as addiaot�[s;carity for all sums secared by ��'�'�=
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<br /> -• `� ' this Secarin_:Iristc�-ar�ai• • • .. �` . ' . ��_
<br /> - If tE�•�.�.�.i?�3`hy Lender eaceed the a.-aounts pennitted to be held by applicable law. Lender shall accouat io
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<br /> �'7 • Borrdaes far�e�xx�:ess Funds in accordance wi�+the requirements af applicable law. If the amount of{he Funds held by
<br /> .� =�� ' i.en�ar�a�y fine is not sufficient to pay the�scrow Items ahen due.Lender may so notify Bomower in wridng,and.in
<br /> ' - ' '��'=""- � suc'�.�sz#dcnmwer sha11 pay to Lc�nder the a�unt neces�as�to make up the deficiency. BorroweSr shall.make•up tbe
<br /> . "::�i�'�.` i�. - defici:steg:in�tomore than twelve monthly pay-a�ts.at Lender's sole discretion. .. �,
<br /> ��`' � ' ., Upon paymen[n.n full of all sums secure.���,ihis Secudty Insuumen�I.ender shall promptly refund to Barrawer any __ .�;,s, �.
<br /> � •+ � or to the a uisition ar � _ _
<br />, � _~,.-�._;;�. . Funds held by LenQ�. If.under paragraph..t.L�nder shail acyuite or seA the Propercy. Lender.pri ccl . ,
<br /> �s:;.� sale of the Property,shall apply any Funds h��3 by Lender at the time of acquisition or sate as a credit against the sums , , �•�
<br /> " '��}'�;}.�.���".: secnred by this Security Instrumert. . .
<br /> . ''�'����' ' 3. Applieatbn of PaymenEs. Unless applicable law provides otherwise.all payments received by Lender under :
<br /> - � + .•�ti?r:;: , ::-
<br /> 4"'°'" :•`"'�` '� ` paragraphs 1 and 2 shaU be applied:.firsl.to any prepayment charges due under the Note:second.to amounts payable under
<br /> '? `'' ='�"%' paragraph 2:third,ta interest due:fourth.to pr�w'�ipal due:and lase,to any late ebarges due under the Note. .. � Y-�
<br /> ' � • 4. Charges;Liens. Bortower shall pay ali taxes,assessments,ct�arges. fines and impositions anributabie to the � �
<br /> ' ` � property which may attain priority over this Sert�rity Instrumeni.and tcasehold payments or ground rents,if any. Ratrower .. ;-}_.�.;-;,? .
<br /> shzlL�.y these obligations in the manner provided in paragraph Z.or ii not paid in that manner.Horrower shall pay them on
<br /> � � ' tin��:::ectly to the person owed paymen� Borrower shall promptly fumisb ta Lender all notices of amaants ta be pa�d under
<br /> , this�ragrapb• If Borrower makes�hese payratenu directly.Barrower shali prampAy furnish to l.ender receipts evidencin� � .. .,.:`
<br /> •� ' ;, the payments. . .''�0"` �.
<br /> � Borrower shall pmmptly discharge arry Iae�e which hac priuriry over thi�Security lnstrument unless Borrower.(a)agrees ' . ��at��'_
<br /> , ��.�x;;;�z.��.:� .. 'w?�` .
<br /> in afr:ing to the payment of the abtigation sccured by the lien in a manner acceptabic to Lender.(b)contects in good faith the E • -�x„��
<br /> `'�''�' � li�r C: or defends a ainst enforcement of thc iien in.legal praceeding�which in the L.e�aQe�'s opinion operate to prevent the ;�:;�
<br /> ' ��,•E:.:s�.�� .•• . ',; �•' S
<br /> ' �'� �"m-�4,'`` � ectg:s-�ent of the licn:or(c3 secures from the holder of the lien an ugrcement satisfactory tv l.cnder subordinating the lien � •. • '. �-•:x-- .-
<br /> '�;:: ,� ��.�,,., ---.
<br /> � ��'`��'''!- � to Cr,:s S'ecurity lnstrument. ]f l.ender determines that any paA of the Propeny is subJect to a ieen which may attain pdority i ,
<br /> f:�':°,. , �,:i.. , . t .
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<br /> ° ..r:�:, . oveT�tis Security Instrumen�L.ender may give Borrower a notice identifying the lien. Banower shall satisfy the lien or t e � .
<br /> '.;. � • ' or��s more of the a�tions sct forth above with�n 10 days af thc�iving of notice. ; .
<br /> '. . 5.� Hazard oe Propesty lnsurance. Hoaowcr shall kcep thc improvcmemc now existing or heteafrer erocted an the G. .
<br /> _ • ' IIra�esty insured against lass by E'r�e,hazards includcd within the term"cxtendcd coveragc'and uny ather hazands.iactuding i
<br /> ,� ._ . �. . flooQs or Qooding,for which!n�-.�er rcquires insuranre. 'f'hiv insurancc shaN bo maintained tn thc amaunt�and�vt�'-.e. .
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