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<br /> 7'(3GGTH�R WITH nU thc impr�vsmtnt9 naw on c�reaRer erected on dic�i•��tcrty,nnd aU casciuents. apaurtc�uincis,ci�id
<br />- fixtui�c::, �imv oi• itc,e:�fice n t�,rt of �I,�pr��p.rty. All C�j]I�CCiitCilh; on� ndditio�u, chall ul;�o bc cavcti�c�1 by thls 5�,�ut�ity
<br /> InSicumcnt,All of thc foregoi¢��;is refcrrcd lo in this Sec�rity Instrunxnt as thc"t'roperty."
<br /> BORROWER COVENANTS that�orrnwer I�:lawfully scised af�hc estutc hsreby convcyeci aucl hav ths rlght to grx�nt aixf
<br /> convty the Pmpeny and thAt the Praperry Is u�?enrumbered, exc�pt for encumbruncey of rxord. Aormwer warrnnts and wi8
<br /> defertd ganerally tt�e dUe to the Pronerty ag�fA�st all clalms a��d demandc,subject to any encumbrance9 af rocord,
<br /> THIS S�CURITY INSTRUMENT cambinr.s unifonn cuvenants for natiunal use and non-aniforr►s covenants with limited ,
<br /> vari:.tions by juri:.dlctloi►tu cau:,titutu a��iifu:;n sc:c:u�ity iu:;i�t�ii�eiii cuveriug reul property.
<br /> UNIFORM COV�i�ANTS. Borrawer and I.e�xl�r covonant and agroe as fallows:
<br /> 1. P�yment oP I'rinclp�l pncl Intere.ct; Prepayment and Lute Charg�. Borrower shali pramptly p;►y whrn due the
<br /> pdncipal of and interest on the d�bt evidenced by the Notc and any prepayment and late char�cs due under thc Nate.
<br /> 2.�und�s tor Taxes aad I�uurnnce.Subject to applicable law or ta a written waiver by Lender,Bonower shall pay to
<br /> l.ender on the�ay monthly pnyments arc due under the Notc,until the Notc is paid in full.n su�n("Funds")for:(a)ycarly tnxes
<br /> nml usscssnxnts which may attain priodty ov.;r this Security Insuunxut es a lien nn the Property;(b)yearly lea5ehald pnymenU+
<br /> or graund rents un the Aropeny.if any;(c)ycarly hazard or prope►�ty insurance premiums;(d)yzarly flc�od insuranc�premii�ms,
<br /> if any; (e)yearly mortgagc insurance premiums,if a��y; and(�uny sumc payuble by Bonower tu Lender, in ao�ordancc with
<br /> .the provisions of paragrnph 8,in lieu of thepayment of mortgAge insurnnce premiums.These items aro calleci'Ee�mw Items."
<br /> L,endar may, at any time, colle�:t and hold Funds in an amount not to exceed the maximum amount a leixler for u federoUy
<br /> rclAted mortgage lain may require for Bamowcr's escrow account under the federal Real Estate Settleimnt Prortdures Act of
<br /> 1974 as amendai fram time to time, 12 LJ.S.C.Section 2601 et seq. ("RBSPA"), uniess am�ther law thet agpllcs to the Funds
<br /> sets a lesser amount. !f so. i.�:nder may. at sny time,collect and hold Funds in an amount not to excea� tha�lesser ainount.
<br /> Lender may estimatc ihe anwunt of Fun�s due on the basis af curnnt data and reasonablE estimates of expenditures o� fature
<br /> Escrow Items or otherv�ise in accordance with�yp�.icable law.
<br /> The Funds shai� be held in nn inst,ituti�a tivhose�deposits are insurccl hy.a federAl agency, an�;miment�iCy, oc ;entity.,
<br /> (including Lendcr,if�,rcnder is such:�q instUutian}�or in�iy}��;der,3!Homo A.flari Bani:.Leneler shall uppiy the Fuqds to pay�5e
<br /> E.urow Stems. Lender may not chnrse Borrower for holdinR��n�l apply;ng the Funds,xnnunlly analyzing ti�e escrow accoi�nt,or
<br /> verifying tho�scrow•Items. unl+�ss 4.onder p�ys Borrower interesi on the Funds ac�ci applleabla law permits L.ender to make such
<br /> a chxrge.Howev�r,Lender may requure Hoirower to pay a o�se-time charge for an irxlependent real estate tax reporting service
<br /> i►sat by I.ender in connectiun with.this loan. unlcss applicable law provides otherwise. TJnless an agreemcnt is madc or
<br />_ appllcable law requires intcrest to be�►aid,Lender shall nat be required to pay Boxrower any interest or eaminpe on tha Funds.
<br /> Borrower and L.encler ntay agrec in�uvriting,however. thnt intercst shall bc patd on the Funds. L.ender shall givc tu Borrower,
<br /> w;i�wi cnarg�:. xn annuai accounring oi tne i�unais. showing craiits and debits to the Funds and the purposa for whiCiy eaeh
<br /> debit ta tha Funds w�s made.Thc Funds ura pledgod as additiunal security for all sums secured by this Socarity Lutrument.
<br /> • If the Funds held by I.etxlor exceal the antounts permittal to be held by applicable law.Lender sliall account eo Bormwer
<br /> for tho excnx�unds in nccardance with the reyuircments ai applicxble law. If the omount of the Funds held by Lender at qny
<br /> i time ix not Kufficirnt to pwy ttie Gscmw Iten�+whcn due,Lender muy so txxify Borrower In wdting,pnd,In such case Borrawer
<br /> � �11 prY ta I.eidcr Iha uixwnt tx��ry to m�lcc up thc defidency. Bormwer Fh�ll m�ke up thc deficicncy in no more than
<br /> twelve monthly p�ymp►te,�t L,ender's u�le dlu:rnion.
<br />� Up�m p�ymetM in fuq of ull rum� tiecurcxl by thia Security instn�ment, Lenc{er stw11 promptly nefutid to Borrower any �
<br /> � �und:tkid by I.erKfer.If,w�der para�r�ph 21, Leixler�1i�11�c�quirc ur aeil the Pnopeny,Gendar.pdor to tlie acquiRition or sele
<br /> g of the Pn�perty, slu�11 apErly any Funda he2d by I.�nder ut the time of acquisition or sale as n crodit against the sams socunNd by
<br /> -z this Security Instrument.
<br /> � 3.Applk�tlon ot P�yments.Unless applicablc law provides cKherwise,all payments roceived by l.�ndcr under paragr�phe
<br /> .� l and x sha11 bc�ppliud:first,to w�y pr�p�ymr.�t chuges due under d►c NMe; sa�ond. to amounts payablo under pnra�}aph 2;
<br /> ,� , chicd.to intercst duc;fourth.to princip4l dur,a�xl last.to any latc chargts due urKler the N�xe.
<br />_ �, 4.Cbu�c�es;I.kn�.$orrower shall pay al l taxes.�ssassmenis.charg�s, 6c►cs and impositions attributable to the Property
<br /> i wfiich m�y attain priority over this Sccuriry Instrurrknt, and leasehold payrn�nts or gmund rencs, if any. Borrower shall pay ' '
<br /> these obligatiuns in the malu►cr provided iry puagraph 2,or if aot paid in that mannor, Borrowcr shall pay them on Nene�irectly
<br /> . to the persun owed payment. Borrower sha11 promptly fua�ish to Lender all notir,ts of emouqts ta be pnid und.,r this paragriph.
<br />= If Borrower m�kea these payments dircctly.Borrower shall prompdy fumish to Lencler re�eipta evidencing the payrnents.
<br /> Bnrrower sl�all promptly discharge any Iltn which has priority over this Socurity Instwnent antess Bormwer: (a)agroes in
<br /> � writing to the payment of thc obligation sccurecl by the lien in n manner acceptable to L.ender;(b)contes�9 in good faich tli�lirn
<br /> ' b��, or defends against enfurcemer�t of the lien in. legal proceedings whi�h in the I,ender's opinion operute to p�vent the
<br /> enfum,ernent of thc lien;or(c)secures from ihe 5older of thc lien an agroement satisfnctory to Lc�nder sutardinating the licn to
<br /> this Security Instrument. If Lender determines that any part of the Pmperty is subject to a lien which may attain priority over
<br /> ; this Security Instrument, l.ender may give Bomowcr a notice identifying the licn. Borrowcr shall satisfy the li4n or iake vsro or
<br /> motc of thc actions sct forth above within l Odays of Uic giving of noticc.
<br /> Fam aase sieo
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