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<br /> _..�:_�.��Pr?� TO(lETHER WITH al� the improvcments now or hercafler crccted on Ihc pra�ny.and ail cascmcntti,uppuncn�uires,
<br /> and tixtures now or hercafler a parc af Ihe propMy All replacemcros and udditionx sh�ll ol�o bc covercd by ihis Security
<br /> �'"°� Insuument. All of the foregoing is rcferted ta in ihix Security Insuument ar�hc"Propeny." _
<br /> -- �� RUNROWL'R COVENANTS that Borrower is Iawfolly xef�ed of the cstate hercby ��►nveyed .�m! he+Ihe right u�gn+n1 �—,
<br /> �-=� �-�`�� and convey�he Property und that the Property is uneneumbered,except fi►r encumbrunces of recurd. Burn►wer wsura�ts and
<br /> y�``�"r� will defend generally thc tf11e ta thc Property o�alnst�II claims And demonds.aubjccl ta nny encumbrnnccy of rccnnrd_
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<br /> '�-''�'��.��-Y• THIS SECURITY INSTRUMENT combines uniParm cavcnnnis ior nalinnul utic and aon-unifarm corenants wilh
<br /> �3'"1°�"��`� �'" limitcd vuriadons by jurisdictian to constiwtc u unii'orm r�ccuriry instrumcn[covcring rcul pw�ny. �=-'-
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<br /> �--�.°i� �r � UNIFORM COVENANTS. Borrower and Lender cavenunt und ugree As Pollow,:: _�
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<br /> •, 1. P�yment ot Principal aad Iatere�tt Prepayment And 1.s►te Clu�rge9. Ba�rower shall promptly pay when duc the
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<br /> -�,-���---�-�-�-• princi p al of and interest on the debt ev idenced by the Note ond any prepuyment and late churges due under the Note. -�• -
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<br /> • � �,° " Z. Ftinds tor'ibxesw�d Insuraace. SubJect to applicablc luw or to a written wu i v c r by l.c n d c r,B o r r o w c r s h a l p a y t a _
<br /> � �,_�_�•� � Lender on the day monthly pnyments nre due under the Notc.until the Notc is ppid in full,a sum 1"Fund.s") for:la)yearly =_
<br />-�--- �- ..� •:r,t . taxes and assessments which mny attain pdority over this Security Instniment ua u Ifen on thc Propcny;(b)ycsuly Icuxehold `_
<br /> ..--��.-..,- �: . . payments or ground re�ita on lhe Property, if uny: (cl yearly hnzord or prop��rty in��e premiums; (d)ycarly flood
<br /> ��;qll.a(�ll�na.r'r. .A...��.�.•.A: �nsurance premiums. if uny: (e) yeurly mongc�ge insurunce premiums, if' uny; und (n uny sums: payuble by Borrower to
<br /> - � a�. � Lender,in accordence wi�h the provisiona of pamgrnph S,in lieu of Ihe�r•critt�eret uf mort�;�.n:in��ce prerniums. These
<br /> �����.�. items are called"Escrow Items.' Lcnder may.su any time.collecl and hold l�mcl:�in an amuunc nc�[w eacced�he muximum ._r»
<br /> �., N:: °-�� amount a lender for a federally reluted morlgage loan may requi�e for Barower's escrow uccuunt utudi.�c tAe federal Re�l __
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<br /> " ,.; •i�Ir».�.T�;,;�. .'� 6state Settlement Procedures Ac[of 1 y74 ua amended from time to time.12 U.S.C.� 2601 er srq.l"RESPA"1.�y�other _
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<br /> ��� ' law that applies to the Funds r,ets a lesser amaum. If so,Lender may,nt any lime.collect and hol un u�.ars u�ux o0 0
<br /> - °"'�- -. � •� exceed the lesser nmount. [.ender moy nwlimrle the amount of Funds due a� the basis of current cia�a aed �eac,onabae �----
<br />--—� ectimAtes of expenditures oF future Escrow Items or otherwise in accardance with applicnble luw. —
<br />- �"� •.,','�� . The Funds shall be held io an institulion whose deposits are insured by u federol agency. inwaum.vsality,or en�.i�y
<br /> �:;� �,. . . (including Lcnder,it'Lcnder is such an instiwtion)or in any Fcderal Hane Loan Bnnk. l.ender shs�ll:�ly du Funds to p�y _--_
<br /> ---- '"�� � ��� ,° � the Escrow Items. l.ender muy not charge BoROwer for holding and applying�he Funds. annually unalyzing che escYVw
<br /> o-`�� �, ��..,,, .„ .` uccaunt, or verifying the Escrow Items, unless L.ender pays Borrower mtemst on th,e Funds and applicable�aw pertniis -_
<br /> -- � Lcnder to muke such a chargc. However,l.ender muy require Borrower to pay a ot�e-u+zne charge for an indepe�nci�n�n�l
<br /> ; �• '.`•• � ' � ' estate tax reporting service used by Lend�r in connection with this loan,unless applicabie law p�ovides urherwi�e. Unless An _ _
<br /> ' ` �� � • agreement ia made or applicable law rcquires interest to be paid,Lender shull not be req�ir+ed to pay Bcxruwer uny intcrest ar _
<br /> _`i'" . � � '� � carnings on the FLnds. Borrower and Lender muy sfgree in writing,however,that int�emst shal!be p:iid os1 the Funds. Lender
<br /> �''�� • � .• .. sh�ll give to Horrower,wfthaut charge,an annual uccauming of�he Funds,showing credits and debits to the Funds and the ____
<br /> �,�� ' ' pu�pose for which ench debit�o�he Funds was made. The Funda ure pledged as uddiiiUnul security for all sums recured by
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<br /> ��5=����:�t "�''""��: If�hc Fbndv held by Lender exceed the amoun�c permnted to i�e heici ny oppiicubie Inw. L�n.kr shall account to - -
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<br /> ' ""�_:. `""_':"''.'." BoROwer for the excess Funds in accord�nce a•i�h the�equirementa af upplicable law. If the amount of the Funds held by
<br /> �� � . Lender nt any time is not sufficient [o pAy ihe Escrow Items when duc,Lender may so notify Borrower in writing,and,in
<br /> „°'--`��°•"� • auch case Borrower shall puy to I,ender�he wnount necess�ry to make up the deficiency. Borrower shs�ll make up �he _
<br /> � . • de�ciency in no more than twelvc monthly payments,ut l.endert solc di�crelion.
<br /> Upon puyment in full of ull sums securcd by this Securlly lnstrument,Lendcr shnll promptly refund to BoROwer uny
<br /> " � ., ' � Funds held by Lender. If,under paragrnph 2l.Lendcr shnll ucquirc or sell the Property,Lendcr, prior to the acquisition or
<br />: • sale of the Property.shall upply any Funds held by Lender ut�he time of acquisition or sAle ns a credit ugainst the sums
<br /> ;. , secured by this Security Instrument. - --
<br /> . , .. ;•v:�•+�.�a+ 3, ApplicAtian ot{'aymentg. Unless :�pplicuble luw provides otherwise, all puyments received by Lender under [.�'--
<br /> �• •:t;i:;`'.;" paragraphs � nnd 2 shall be upplied: first.�u uny prcpayment churges due undcr the Note;serund. to amounts payable undcr _ �
<br /> �t� °�d , paregrnph 2:third,to interest due;founh,to principul due;und lust,to uny I•rte charges due under the Note. __`,
<br /> � .' ��.-•,. 4. Charges; I.tens. Borrower shall puy ull luxes, usscssments,churges, fines and imposilians attri6utuble to the _,
<br /> • -` property which mny attain prioriry ov�r this Serurity Intitrument,und IeaseholJ paynxnts or ground rents.if uny. Bonower ��
<br /> �� ' � xhall pay these obligutions in the munner providcd in puragrs►ph 2,or if not paid in that mann�G Borrowcr shnll pay them on �-
<br /> ' ' time direcNy to the person owed payment. Borrower shull promptty t'urnish to L�nder al l nouces�f amounts to 6e paid under �=�r
<br /> ., � . this paragraph. Ii Borrower makex these pnyments directly. Barrower sh•rll prompdy t'umish to Lender receipti evidencing 6�'��"
<br /> � �,�, � the payments. -_..
<br /> " �'•;.� ' ' Borrower shaU promptly dixcharge s�ny lien which has priority over this Security In.uumrnt unkss Borrower.(u)agrees
<br /> ' " � �� • in writing to the payment of the obligutiun securcd by ihe lien in u mamier s�cceptable io Lender:(b)contests in goad fs�ith the -
<br />' " �� lien by,or defends against eniorcemem of�he lien in,legal pnxceJings which in�hc LenJer's opinion operu�e io prevent the �"
<br /> `'�� :�} enforcement of'the lien:or(c)secures from the hokier of Ihe lien un aFrcement satisfnctory to Lender subordinating the lien -
<br /> '� '.:'�� , to this Security Instrument. If Lender determines thut any pan of the Property is,ubjcci ro a lien which may uctain priority _
<br /> •�• over this Security Insm�ment,l.ender muy give Borrower•r noticc identifying the lien. Borrower shall salisfy the lien or take �,,,,_
<br /> � one or more of the aclions set forth above within 10 duys of the giving of notice. '
<br /> S. Hau►rd or Property Insurance. Borrower,hall keep thc improvements naw existing or hereafter erected on the ��
<br /> . Propeny insured aguins[loss by fire,hazards included within the ierm "extended covertige"und any othrr harardc,includinF
<br /> � floods or flooding, for which Lender rcyuires insuranrc, This insurance shall tx� maintainrd in Ihc amounts and for the `
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