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<br /> Tt:GF'I'H�'l��I'1 NJ n1�thc ioip�'nvcmcnts�u�w ar hr.rclRrr crecte�f an tlie p��nY• n�s���a'e°►ents,appurtcna«ecs,wKf
<br /> fixturts now c►r hereaRer u pa►i uf tha i���ajs�rty. /:ll e,.pl,.ccr�i�ius eiu�l e�tditi�ng shall also be� cove��ed by tiiis Seeurity -
<br /> instrurnent. All of thc foregoing is rcferrc�!to In this Scr.w�ity Enstrument a�thc"k'rolx�y."
<br /> 6URROW�R COY�NANTS ttu�t}3arrower is IawfLlly�el�ed of ihe e�tate hereby cunveyccl ai�l haw tlic right ta graut u�x1 .
<br /> coitivey �h� Property a�x1 �h�t tho PropertYaln t all clainns�ixl de�twndf s i+u Ject to any c�cumb ance�af re urd�rrnnts rnd wlll
<br /> delenc!�ereerally tt�e title to�he Pmpecty+�
<br /> TFUS SECURI'CY INSTRUMENT combines unifc�rm cavenants far ru+tional use srxl nan-uniform cavetu+�itR wi�h limitad
<br /> varlations by jurfsdtetion to consiitute a unif'arm�secu�iiy iusi�u►+•�+:�c��'���lm n^�=�rO�rtv� ~
<br /> UNIFORM CQ3Y�NANTS.Bormwer�rx�I.Knder coven�nt pnd ag�cnc as follows: W}xn due the
<br /> 1.HNyment ot Princlp�l a�d lntcrat: PrcP�Ymml ond L�te Clu�rta. ��'Awer r,hall promptty paY
<br /> H r� �n�and�aco ch�rges due under the Note.
<br /> pdrx:ip�1 af and interest on the debt evidenced by tric�Vutc and an�p PAY
<br /> 2,�unda for T�xee�nd Lniur�nce•SubJxt to applicable law or to u written wteiv�r by 1.endGr� BorroW�r shulf pay ca
<br /> L,e�xier on the da/rnonlhly paymoot�are due under the Note,until the Note is ppid in(uil,a sum("Funds")for:(a)yea�rly taxee
<br /> uid As.�smentF which may attain priority ovcr this Se�:urity lnstrurncnt as s lien on thc Propert��rl)���Ynsurance prc liums.
<br /> or gro�und rents on the Pmperty,if any;(c�yenrly h�zard or property insurance premlums;(d)y Y
<br /> if any:(e)yearly mortgags dnsurance premtum.s, if any;and(fl anY sums payable by}3nrrower to I.encter, in accorclance w��h
<br /> t►u provistnns of paragraph B, in{ieu af the payment o�nwrtgage insurs�nce premiums. '1'hcse items ar�called"Escrow ltems."
<br /> Lender may, at�r►y time, collect end hotd Funds in an amount twc ro exceod the maximum unnount a lender for a federa�ly
<br /> �u��ngag��oan m�y roquire for 8orrower��escrow account undtr the faieral Real Bstate Stltl�ment lPrcealo the Funds
<br /> 1�7�;��men�!d�'�om kime ta time. 12 U.S.C.Sa:tion 2601 cr seq. ("RYiSPA"). unloss another law that app.
<br /> sets a le�ser r�nxwnt. If so. Lender maY. et any time. collxt wxi hald Fund�ir; r+n:.�•^:�rt itcat to�xr,eed the le�sser amount.
<br /> [.�nder may estimnte the wnount of Funcis due un the basis of curnnt data and reasonable estimates of eapenditurrs of fmure
<br /> Escrow Items or otherwise in aecoriance with applicuble luw.
<br /> Tht Funds stuill be held in an insdtution whose deposits aro in4ured by a fedetal agency. �nstn���S t�or cntl�
<br /> (including Lendsr, if Lender is sucl�an institutian)or in nny Federal Home Loen Banlc. I.ender sh�1 i�g c��row accQU t,or
<br /> Escrow Items. I.ender nxry root charge Botiower for holding and applY�nd�Fu�' ��bla law rmita 1.Gnrkr to make such
<br /> verifying the Escrow Iterr►s.ualess I.endCr PaY6 F�R°wer inurest on the Funds and iPP�� �
<br /> �chnrge. Howcver.Lcnd�r may requira Borrower to pay a one-rime ctwtge for an ind�perdeai
<br /> t roat tsute tax rcponing servict
<br /> used by I,erxkr in connection with this loan, unless appiicable Iaw provi�othe e��y nu�t or a�ngg onilha Fundsr
<br /> �pplic�blc lew nquires interest to be paid,I.endCr shall not bc roqu+ral to pay
<br /> A.,.,K„�,Rr a�l Lender mav aAree in writing. however. that interest sh:St be Peid on the Fu�g•A��s�r�f���q�h
<br /> v►•ao,�r��ut chargc, �annual accounting uf the Funds, showing crzdiu�u owi�.a••°F—g - '
<br /> del5lt to the Funds�vu made.'�t►e Funds are pledged as additional securiry for al!sums�ur���.�1°�t'�n�wer
<br /> If the Funds held by Lender excced the�unts permittal to be de,7d bY APP���1��Aw, ,
<br /> fur the eaass Funds in acoordance u'�u��►e n4uirements of applicab�l�,fIf t�h��n�����a����SU�h���.�a
<br /> c�rne,js nat sufficies�t to pay c�e I�scrow Itcros when duc.Lendec maY Y
<br /> stii�Tl,pay tn Lendrr the sinour,t:naxssauY to make up the dcficicncy. BorroWe�'sha�?•�e up the deficiency in nc►nare than
<br /> tw�lve cnonthlv pa�iments.u Lender's sale discrction. � �M1 to Bomowa sny
<br /> ' Upon p�Yci�pt in full of all sums socurod by this Security Insuumeat. L.en�leer ���0�o to ihe soQoisition or sale
<br /> Funds held by t.ciider.Yf.under p�ragrnph 21,i.ender stwll acquice or seU tt�PcopertY�
<br /> of the P,roperty,sha�l apply any Funds htld by Ltnder at ths time of acquisition or rale as e cralit agninst the sums s�c�►rod bY
<br /> thla Sxurit�Instivment. rxntA roceived by I.ende�unda peaBrq�z
<br /> 3. Applia�iob ai!'ayniente.Unleu W�Plicable!aw provides otherwlse,all pxy•
<br /> 1 and 2 shall appliai: first,to any pnpay
<br /> mear eharges due uncler t3►e Ncxo; second.to�mounts paYable w�dex parwgrapt►2:
<br /> �'•,
<br /> � thinf,to intere�-d�;f��,to prin,cipai dn�.�r�d��st,to any late chuges due under she Not 31t1���ri���e to the PmpertY
<br /> �: A, �ry�ar�n; I,kns.Borrower shall pay a11 texos,a►asessments, chxrges,fines and impo
<br /> �xGh�'msy stuan�riority ove�ihis Sect►rity Instrument,z�nrl leasehold paymencs or ground mus, if u�y. ��� ��P�J'
<br /> ttieae nblig�tionc in the munncr'providod in pu�greph 2.�i if not paid in tlut marn�er.,Aurrower shall paY tt�a�°n time diroctly
<br /> to thZ person awecl pnYment..�Crrrower shal�promptly furnish to I.ender all noticcas.p�'anxwnts to be paid ur�de*this P�rag�aph.
<br /> If Horrower maTcr,�these payments diroctly,Borrower shall pmmpcly fumish to l.er�der recefpG4 evidencing che p*yma�is.
<br /> , ,. Borrower shall promptly dischar8e any lien which has priority ovek.ihis SecudtY It►strumet�t unless Sorrowcr (a1 a����
<br /> �.�vrlifng to the paymsnt of the bbligation securod by th�litn in a manner acceptable to l.ender.(b)contests in g�crd,faich the��en
<br /> �b'y, or defends against enfarcement of the lien in, lega! procadin8s which in thG Lender's opinion ��'�'+�'P���n� �
<br /> enforcement of tyk lien; or(c)secures frmn the holder uf t Of�'u�0°�stsubjew�t to a 1 w��hS�Y a��p°�ty°����
<br /> tliia Socudty instrumu►t. if Lendtr det�meines ehat any part 1xrtY •
<br /> this Socurity I►asirument,i.ender ir�ay give Borrowcr u notia identifying thc lien.�rrower sha"�i sttpsfy the licn or txko one or
<br />— �mare af the actions set fortt��bova within 10 days of tho giving of norice. ��2s ��
<br /> � � Pp�2 of B � . . .
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