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<br /> 'COCZETHP.R�VITN all tl►c imp�nvements naw or herzuRcr ertcted on the praperty,and nll ea�ements, nppurtenances.�nd
<br /> flx�u�res now os hcrca�ter :� �an af thc pro�►erty. All repl�cen�r�ts und cxlAiNony shal! nlso be covercd �y this Security
<br /> IO':ti"ilfilc�tt. All�f the fare�uin;i:�r�fei���eit to in tlila Sccurity I�isteument tis the"Proper.�r.
<br /> HOR�tOWER CnV�NANTS tliat�orrowcr is l�wQ�lly seisect of the es*.tite hereby conveycd ard has thc right co grant a�id
<br /> convey the Pmperty�uxl that the Property Is unsncu�nbered. exe�pt far encumbrances af record. He�rrower wurrants And will
<br /> defend genenlly the titie to tho Property agAinst sll claims and denwrKls, subject to uny enc�arc►brances of rr,curd.
<br /> TIiIS SHGUR[TY INSTRUMEN'�comBin�s uniform cove��ants�'or natto»af use unci non•unif�rm covei�ants with limitcxl
<br /> vurlattons by juri�sdictton to constitute a uniform socurity instrument covr,rtng r�eal property.
<br /> UfJiFOf:R2 S:OVi?NANTS.Hono�ver nRd Lr.�tdr.r rnvei�!�nt ar�d n�sr.e as follows: ,
<br /> 1. P�ymrnt ot E'rinclpR! aad Interat; Prep�yment nnd I.�te Clwrge�. Borrower shall promntly pay whcn due tlte
<br /> pr�recipal af and intercst on the debt evidencod by the►Notc and any prepaymen�and late charges du�under tho Notc.
<br /> Z.F�nds for TRxr�aad Iraur�nce.Subjxt to applicablc law or to n written waiver by Lcnder, �rrower shali puy to
<br /> LeiKlcr on ttie day monthly payments are,duc undor the Nute.until ttm Note is paid in fu11.a sum("Funds")for:(a)yearly taxes
<br />, and a�scssn�rnts��v�+hich may aituin priority over this Security Instrument ns a licn on the Property;(b}yearly leasehold payments
<br /> or gmund t�ents an Ihe Pro�rty,if uny;(c)yearly he�Ard�r property insurnnce premiums;(d)yearly flood insurn.nce premiums,
<br /> it`any;(e)ya►rly nmrtgage InFUrr�nce premiums, if unyc a���(�any sums payable by Borrawer to i.�nder, in�ccordance with
<br /> the pr�visians of paragreph 8,in lieu af the payn�ent of martgAge insurance�rcmiums.These items are culled "L�scmw Itcros."
<br /> L.ender may, at siny tinx, coll�t and hold Funds in an amaunt not to exceecl tite msucirnum amaunt a lerxler far n federally
<br /> relatal rrwrtgage lo�n may «yuir� for Borrowor's escrow account under thh federnl Ren) E9tatc Setticment Procedur�s Act of
<br /> 1474 as amended from time tn time. 12 U.S.C. Section 2601 et scq. ("RESPA"), unless another law that ap�lies to thc Funds
<br /> sets a lessrr ut�aunt, If so. Lender may,at any dmc, collxt and hold Funds in:u�amount rwt ta axcca!the lesscr amount.
<br />. Lender may estim�te t�e amount of Funds duc un tlie�asis of cu��en.dntn�-�d r'�asnnablc estim.tcs of es�r.dit�!res ef€��t��rf
<br />� • Bscrow Items or dhrwise in tcoordance with applicable faw. '
<br /> ! The Funds shall be t�eld In an instltutian whose deposits are insured by a f�dcrttl agency, iqswmentality; ±as entity
<br /> ! (incYuding Lendcr,if Lcnder is such en inuitudon)or in eny�edcral Hotne 1Loan Bank. i.ender shall apply the M�ncfs qo�pny the
<br /> ; Escrow ltems.Lcrxler t►�ay oot chuge Borrower for halding and applyin�titc:Punds,»nnuelly an�lyxing v��esarow siccount.or
<br /> • verifying the Escmw[tems,unless I.ender pays I3orrower intenst on the�unrf.::und n�splicabfe!aw permits L.encicr to ma,ke such �
<br /> a cftit►$t. �iowcver,l.ender may require Borcower to pay a onc-tiu�e charge for an independent rca!estste tax rapo�tir�.servlcr
<br /> . usacti-�,�•Lencler in connxtion with this loan, unless applicable law provides•�oiherwisF. Unless an agreemenC.4s iiwde or
<br /> . app�ecnt�r.i law riaqulc�interest to be p�id,Lender shall not bo royuired to pay Biqrrower any intercst or eamings on the Punds.
<br /> 8osmwor.'��d I-enrkr 1mQy agra in writing, i►owover.that interest shal!be puid on the Funds. l.t.nder chall give io Aormwrr,
<br /> - wit�tn�ch�Ft�e. an xr�aual acxounting of the Funds, shawiug crodits and dsbju,to the Funds and the purpose for which each
<br /> � . «It�t.to ti�i�Dnos wxs m�ic.Tnc rdiwis�ic yiaigc'a�a;�3'r.:cs�:�rr;f r�!!ous���tr�.+�;!t�;�c,.n�ri�y tn�.r�umcnt.
<br />_ If�tt«„P�mds hefd by i.ender ezooed the amounts parmitced to bc held by s►'pplic�bl�law,Lender siwll account to Barmw�r
<br /> for tl�:,cxeecs Funda in aecoi+d�ue with the roquirementa of a�plieable law. If the amc�unt of the Funds,�held by Lender at any .;
<br /> �. timx;is•���;ufficieot t�pay tix Escrow�Items wlten due,Lender may,o natit�,�Bonnwor in writing,andl.,in such case�iorrower �•:�1
<br /> ' � s1�ull p�y,iq�l�nder tRae a�rxwnt necessary to make up the deticirncy. Bomower shall malco up the del�ciency in no more 11un �
<br /> twclv�mrx►thiy paYrntnts.at ixndcr's sc�lo discnetion.
<br /> - UprMr,.ppyment in full of all sums senirect by this Stcuriry Inctxument. Lender shali promptly r��'uncl to Borrower any
<br /> - g��,�+e��Ci�:6'j.t,,e�der.If, under p�mgraoh 21.Lcnder shall ucquire or sell the Property.tx�der.prior to the acquisition cx s�lo
<br /> - , of t�wt p�c�cty. sh�ll �pply any Funcis held by•Lencter at the time of acquisition or sale a.s a Gredit ag�unst the sume secusod hY
<br /> _ tAius S��rit���tstxumerit.
<br /> 3.�.A�NIadJan ot Ps�ments.Unlcss app{icable low provide:s otherwise,dl pnymcnts reaived by L,errcler uncfer p�ragnplu
<br /> 1 anrt:2 atadh:6�e app�ied:first.to�nY pnepaymtnt chuges due under tbe Note:second�lU ailK1U11IG pt}I�I1IC t7ildCr�2:
<br /> tlwr�d�IG�atfMest dut; fa►th,to principel due;and last,to arry fate charga clue u�xier tho l+�tota.
<br /> - , . 4.iC1�'Le�:Lk�t.Aomower stwll{wy all ta�acs,assessmcnts�clwr�cs;.fines and i��ipnsitions atuibutable to the PiopenY ,:.
<br /> whi�h��zuy�dair�priority over this Security Instrument, ancl leasehold pnynaonts•or grourd raUa, if Ar►y. Horrower shall pay :
<br /> thte�;�ig,wtiona in the mar�ner providod in paragr�ph 2.or if,uQt p�id in tlfat ii�iuv�er,•Homower sludl pay them on time directly ���
<br /> ui".fix person owed psyme�►t.Bormwer shall promplly fumiet�ta t,enckr all.nMicac of wna�nts to be paid under this�i?�ngcaph•
<br /> if Borrower makes tbese pwy�ree�►ts directly,Borcower s�haU�rramptly fumisl�to C,�ader rxeipts evidrncing the'paY�s:
<br /> Borrower a1Wl promptly dlsctuirg�any lien which has prioriry over this Security Insi�uuient unlas Barrowa:(a)agrees in
<br /> � writeng W 1he p�yment of the obligadon securod by�he lien in a mxnnee acceptable to I.ec�ier;(b)coMeats in gaod fiith the lien.
<br /> -��•�+'`� by. o�deftrds agiinst�nforcement of the lien in. legal proca,dings which in the Lerder's opinion operate to prevent the
<br /> - enforoernent of the lien;or(c}secunes from tne holdcr uf the iien an agreement s�ti�factary to I.axler subo�dineti�g che lit►�to
<br /> - this Serurity Instcument. If Lendcr cktermines that uny}�art of the Propaty is subjxt to a lien which msy attain priarity ova
<br /> �.:;�., this S�CUrity(nsuument,L,endex may give Borrower a notic�identifying the lieo.Borrower shxll satisfy.thc lirn or takc one c►r.
<br /> '^' •� „ more of tF�e scti��u set forth above within IQ duy.9�.of the giving of�wcia. ' • :
<br /> � .•�.� � For++i 3�029 stlA
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