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<br /> � TU(3'�I'HER W1TH�11 tl�e improvcraents now or l►r.rca�Rcr erecte(l on tEir.�y�uucray. nnci all cc;sem:.nts,uppuctcu:a►css,u�td _
<br /> �xtures now on c�reaiter a part af tho p�pe�4y A1i replucxmeutx ar►d nclditionR shall also bc covere�l by thi� Securiry
<br /> Inr,t�ument. All of the forcgoing is referrai ta in this Security Ins�ruinant as the"Property."
<br /> B012YtUW�?R C4VENd,NT5 chat Borrower is lawfully seised of the estatc hr,reby canveyed and ha5 tht+ri�1�t to grant and
<br /> wnvey the Property and that the Prqx�y is une�xumberod, except for encurnbrances of record. Barmwes watxanta a�d will
<br /> �rfrn,i ur.ne�lly tY��itle ta the Prop�rty u,�ainst all claims ancl demand�,suhjr,�t to t►ny encumbrances of re.c.�tcl.
<br /> TH15 SECUItTtY IIV5T�tUMENT combinas uniform cavenants foR natittnnl use ur►d non•unifar�m�ovcn�a�ts�wiu► limit�l
<br /> variations by jurisdiction to constitute a unifor►n saurity instrument covcrittQ real propr.rty.
<br /> UNITORtvt G�l�'BNANTS.Barrower and Lender covcnant a�d agrte as follows:
<br /> 1. Paynueet os 11f':ttiadpsl xnd Inter�st; PrrMY�ctent and I.Ate Cfuir�c�. Aor�ower shall prompslY p�Y,tivh�n duo tt►e
<br /> principal of and intur�:t:t n.�>>the debt evidenced by�he Note and any pre{►nyctxnt and late charges due undr.�th�Natc.
<br /> 2.Ftiunds for Tayc�s and Iaauranee. Subjeet to npplicable law os tc*a writt�en wsuver by Lender, Barrati��r shall pay to
<br /> L,ender on tbe day monthly paymcnts are due undcr the Note,until thn NAtr,is paid in full,a sum("Funds")for:k�)yrurly texes
<br /> and assessn�enu�uvhlch ma}r uttein priority over this Secudty Instrucnent.r�s n lir,n�n tFu:Properly: (b)yr,�►dy le�a�hold priymenta
<br /> or grou�xl ronts on the Property,if any;(c)yexrly hazacd or propeay in�sur�ncc premiums;(d)ycarly flcxd insursnce pr�emiurru.
<br /> if�u►y:(e)Ye�r1Y moctgage insura�►ce premiun�s, if�ny;anct(fl any suma pnyahla by Barrower to Lenc�;:r, in�cot+d�nce with
<br /> tho provicions of p�rngny�h 8,in lieu of the pxymsnt of mortgage Ina�ararnx premiuma.These itexns�n:calln;l"�crow Items."
<br /> I,�e�xler may, at kny Hme, collxt and hold Funds in �n amount nat ta exaxd tlu: maximuon anwunc a lanckr for� tedmlly
<br /> ioii�c.�r���gcg��c:�n m:y r;�uioe fc:&nrrower's tscrnw Ac«wnt under th� federa! R.,ul Ent�te Sttlltnx»I,Pmcodurcx Aet af
<br /> 1474 u urx�ded from titne to timc. 1?.U.S.C. Section Z60f ct xeq. ("RESPA"). unless enother law thtt applies to the Fundn
<br /> �etY �lesner an�ount. If so, A.ender m�.y, at a�}� time, wllect end lx�ld Funde in an amount not to excood 1}�o iaee� aenount.
<br /> Len�kr r�y estimate thc amount of Furtds dua on the bASis of current dnta and re�.wnnblc esdmates of ex�rn,diturcs of futuro
<br /> F,�crow Ytems or otherw3sc in�c�cot�diutce with eppllcable law.
<br /> Tf�e Furnls shall !x; held in an instiiution wttose d�posiGS arr: inr.urcd by a fcdcr�l agency, instn►meatt�lity, or entliy
<br /> (inctuding[xnder,if Lendar is such sn institution)or in any Federal�lame L•a�n Bunk. Lender shall apply tt►t,(�runcli to py the
<br /> Exraw Items. Lencler may ncx chuge Bormwer for hofding and e�lyaiQ th�Funds,nnnually analyzing the e.�ts�w s�ca►nt,or
<br /> �uifying the F�crow Items,unless Le�xkr pays Borrower interrst on th:�Funde and i►�plicabte law permits Lornterr eo ma�lce such
<br /> ■c}targe. However,I.atdtr may cWuide Borrower to pay a one•timr,etutrge for an independent real csta►.a tsuc ralbmrting yervia
<br /> usod by L.ender in oonnoctio�t•with this l.�an, unfess applicablc law providcs otf�:nvlu. Unlaxs an aErc,e�txt;i� is madG or
<br /> �����;:.��;�l,,,��e�����d;i.e.nder sUnll not 6a req_uinxt ta pay 6orrower any intcrest or earnings�,-�un the Funds.
<br /> HoR+ower�nd La�dar max agrce in writing, huwever, that intcrest shalt be pnid on the Funds.I..endnr shall giver'to Hormrva.
<br /> wittwut cturge, aa_�nnp�lal accounting of the Punds, showing credice snd tk�k�its to the Funds and th�e purEwse��i�r which each
<br /> debit w thc Funds iv��nudc.The Funds are plalged as additiannl sxurity.for all sums secured by this Secutih��I�st�iumrar.
<br /> � if the Fur�ds hetd by I.endcr exoeed the amounts permittal to M:•hr.ld by apqlicablc law,Lende�r shxll nccxawpt to Borrowa
<br /> for the eaass Funds in acc�oidancc with the roquirements af applir,sblc law. If the amount of the Funds hc.ld bj+.�l.�der at any
<br /> time ia not su�f'icieht ta p�y tho Escrow Items whw due,Ixndcr mny so noi?Fy Borrower in writing,a�nid,in suc#r�c:au Bomower
<br /> siWJl pny to[.,�cier the amount necessary co make up thu defic[eacy:Borrowcr shull nxtke up the dtlicicnc.y•+ri�uo crwre t1�a
<br /> w,►Y�r mnnihly(►nytntnts,at Lec�der's sole disct+etion. • .'. �`r.
<br /> U�cx►pryme�t iu full of ali suins secured by this Sr�c�4rity In�rumer.t, l.ender �ztull promptiy refitcKf tn:8tsr.irr�iver any
<br /> Fwids hCld by I.tndeF.If,under paragraph 21.Lender shall s�cquire ar sGU lhc P�vix:rty,i.ectder.prior to it�t accritibition or s�le
<br /> of the Property.�slitil�l:;irpglY anY Funds hcld by Lender at the timo of aoqu�sitiun or sule as a craiit�gainst tt►o s�xltts gecurod by
<br /> this Sxurity Instrai�nGijt..: , �;1 ��,�
<br /> 3.ApplioR ;a#'�aymaiK��Unless applicabto Iaw providcs othccwlse,all nyments nxeived b I.e�x�tr niider '�,•. �. ,;
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<br /> 1 xrd 2 shall he��ierJ: Crst;to::nny prcpa,yment charges duo un�ier th��Note;s000nd, to uYnounts pa�yabld uzrtppr puagr�Z;
<br /> chird,to intenst d�;'fau�th,to principn�du�s:ard last.to s�ny latc cluirges duo under ttw Note. .�� , .::' . .
<br /> 4.C6ar�es;'��I:kns.HorroWer shall pay all taxes.assessmentF,charge�, finas and icn�wsfdons sUtritrutablel�l,�the AoNerty,;.. �_.,.
<br /> � which may attein priority over this Security Inctrument. anrl Ieasehnld payuknts of gruund ru►ts, ig any: Brm+�wer ah�lt pap`.'.;,,
<br /> theae oF��igaRions in the manner providod in paragraph 2,or 9f not pnid in t hut roanner,H o m ower s h a!!�y t t k m,�?�.t i a�r r.d i r o c t l y; ; •
<br /> to tl�e pi�rson ori,od�payment.Burrower shal!prompt�y fumish to L�:rnler all notices of amounts to be paid uncle�r aCti�:�p��ragrapi�,�.
<br /> if Borrower�mak��11xse pavments dirxtly,Bnmower shall promptl}r Poraish to l.ender,zoocipts evidutcing tht pat��:J�nts. • .
<br /> Ec�rmwer:shnl.}''promptly discharge any Hen whic:h has priority over thia Security I��strunxnt unl�c.g Burmxr�r:(�)Agrcas lri.; ••, � ;
<br /> writing to tl►e�y,r��enc of tht obtigation socured by the lien in u mimnor flccGptab�,gttn Lcitder;{b)mntrst4 in.g��d laith the tien:,.;;'.. .,
<br /> hy, or defcnds q�i�nst enforcenxnt of the lien in. legal pc�ooalings'w�tqb'ih.,,ihu'Lsoder's tipinion o}xmtn.fa prevera t2ea ` •
<br /> enforoemtnt of t'he lien:or(c)secures from the holder of the lien.an a�r�treetitsi�tlsfa�tory to Lendtr sutwrcfihn.ing the lien to .
<br /> this Sectnity Ins`�t:ulnent. If Lendar detemvncs that any pArt of thr��Pro,¢�rry��s��ts[aject�to u lien whicli ms.y atSEan prioriry over. ..:' '�.�' ..,
<br /> this Sacurity ir�ttrii�caent, Lender may give Borrower a notica identifying tfii:.lien:��tar�tmwtr shall tsatix£y it�tiEtnt.�r take on�ar,'�.•: ' �
<br /> mu:c of the aciiuie�set forth above within�0 days of the giving of notica. ' •
<br /> FXa���i12s 9180
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