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<br /> •ro�r.r�ir��wi'1'N nl!the Improveme.nte now or hereaRer ere�ted on tha�r�perty�ancl ull c�mrnts,t:(1pUCIC11Uill'C9,iind
<br /> fixw.:.� iinn• or li^s•,,;ftcr n ��it of tiie nmperty. All rerdKCr.nxsus aixl add'ttions sliall Also bc covcrcil by ti�is Sccu�°liy
<br /> Inztn.�n�ent.AU of�t�c forcgniiig is r�ferird tu In thla Scrurity Nustnmxnt u9 ti�c"I'rnpcg'ty."
<br /> BORROWBR COVBNANTS that Borrower i�IawPnlly scised cif 1he estate hereby ca�,vcycd a�xl lias tlic rigin�o gnmt and
<br /> canvey tha Pn►Exrty end that the ProE►e�ty ie��nencumbered, except for encumbrances of�r�ord. A��rrc�wcr w�rruntR itt�d wlll
<br /> defend ge�xnlly thz title ao the Propeny against ail claims ar�demands,subject tu any nncuinbrances af'record.
<br /> THIS SF?CUEtI'fY INS�'RUMENT cbmbincs unifarm cove�ac►ts for ru�tion�l use And nan-unifarm�bveiwnts whh Iimited
<br /> vx�iu:ioiis(�y�u�iMJtulon to canstit+�c�a��n{f�nn s%�euriry instrument covering rtal property. -
<br /> UNIFORM�'OVENANT5.�orrower�nd l.ender c�i�I��B C���,���W�r shall promptly pay whGn �fuo the
<br /> 1, P�ymdit ot Princi�wl�nd Ineenrsti �t�Y
<br /> principd oF wnd intercst�n th�debt evidencal ay the Not�x�xl any prepaynxnt and late charges due undar ihe Note.
<br /> 2,Funda[ar T�ze��nd Inaur�nee. Subjtct to ApplicAble law or to a written welver by Lender, Borrawer shall p�y�o
<br /> I,Cnder on the day monihly p�yments are duo under the Note,until thc Note is paid in fall,a smn("�ur�ls")for.(a)yearly taxa
<br /> w�d s�sscsamcnts which may atteln prio�9ry over this 5xurity In3uum�nt as a lien on the Propcny;(b)ywriy IeASd�old payn�nu
<br /> or g�rr►und rcnts on the Pn�perty,if any:(c)Yexrly fiaiard or pm}xrty insuronce prrmiums;(d)Yearly tlood i�surance pcemiu ara,
<br /> if any;(�)Yexrly rrangage inwrance premiums. if any; and(�anY su'ns P�y�ble by Borrower to L.er►cier, in c�cc.nrdance.v�+iih
<br /> thc pmvisions of pangraph 8. In lieu af the payment of rrxmgagc inserar�co premiums.Thesc items aze c�►Iled"�scrow Iterru.'
<br /> Lender may, at�ny time,coliect and ho�d Funds in an arnount not to r.xe,�al tt�muximum anxx►nt a le�eder for a fedew�lly
<br /> rclatexl mortgego Ic�n maY ro9uire fur&�rmwe�'s escrow�ccount under tha falCral Real Estatc Setdenknt Procodures Act af
<br /> 1974 u anxndal from tima to time, 12 U.S.C. Sectio� 2601 et.r�q. ("RFSPA"). untes.c a�wther law that applies tp the F�ndc
<br /> sets a lesser anwunt.if so, i.ender may.+�t a�iy Nme,. �lle:.t a�i hols! F�s!�s in an amcwnc nut to excoed the issser amo�d. -
<br /> Lender mAy estim�te the unount af Funds duc on the t►asis of cumnt data and reasonable estimntcs of expendituns o1F future
<br /> Escmw Items or otherwlse in acoordance with nPPlicabla law.
<br /> Tl�c Funds stwll be helA in an insdhition whose depc�sits are insured by a fedcral agoncy. instrumentaliiy, or entily
<br /> (including I.ender. if Lende.*is such an institurion)or in any Fr,deral Home I.oAn Aanit•I.ander studl app1Y the Funds W P�Y � '
<br /> �sca+ow Itrms. I.ender may r�t chxr8e�3orc'ox•e.r iF�r holding arsd applying the Funds,annually analyzfng the escraw accaoun�,or
<br /> varifying the Fscmw Ite�s.unless l,endee'psYs�larrower interest on the Funds a�xi applicable law pemti�u�to nn�ke such
<br /> u cbuar�e. However.Lcnder miy roqaire Borrower to pay a ane-ticne�h�uge for an indepcndest real estate tax�rting serviae
<br /> �� by Le�xkr in cnnnoction with ehis loan, unless applicabfe law provides athc►wis�. Unless ar� agrament is m�dt.a
<br /> appliablc Isw roquircs interest to be pwid, L,ender shall not be required to pay&►rrowtr eny intcrcst or uunings on tk�Fusds.
<br /> 8orrower t�nd 1.,endec maY aSnx:in writing,hawever� that interest shall be paid on the Funds. Lender stull give to B�ormvMa, . .
<br /> wlthout Cntr�e,an anmiai�a.uii,i;�,r�f tt�:.g�r.�o. �rs�;•,���.tirc a�vl�iu to the�unds end the puepose fo;which.�ddJs , -
<br /> ddr�a ta the Funda wAS m�de.'1't�o��'unds are pledgod as sdditional socuriry for all sums stcurod by this Security Insqumait.
<br /> it`the�'unds hdd by l.ender:�exctod the ama►nts Ptrmittod to be held by applicable law,I,cnder shall aocount:t�t��pl++nwa
<br /> foc•t'he oxass Funds in accordmca with th�n9u����s of applicable law. If the unamt of the Funds held by T,eil'iii:isat ny.
<br /> timc is ixx sufficient to p�y the Fscrow Itcros when duo.Lcnder may so notify Bormwer in writing.and,in such c�sa,�animr
<br /> • shdl pay to L.endet d�c anwunt noas-sarY•.,to.�rt#t�:e up ttx deficiency. Bor�ower sh�ll make up the�e�oie�in+►1o,mcvv !l�t�
<br /> „ tw�l}�e monthlY paYmet�ts,at Lrnder's sole disn�rCtion. • • ��,���A ����pw�r
<br /> ��i,ppn pa�ment in fidl of a!i sums sEcii�d by this Security Instn�mcnt, Lender shall promptly �Y
<br /> kLnK1t�ald by Luider. If,under�eragrn�►ts 71,5.�.e�der shall acquire or sell tho Property,Lender,prior to thc ucquidtip�i.nr'.s�lo
<br /> „ of the Propecty,sh�ll apply su►y Purds hald by�i.ender at the rame of acqulsidon or sale as a crodit against t1►e surt�secuns'd 6y ..
<br /> t6is Securiry Instrnment. � '' ' � �,
<br /> 3.Applk�tbn o[Payma�s�Unless oppticable lAw providca otherwise.all payments receivod by I.cnder uu�7t�p�rt�6s
<br /> 1 xrid 2 st�all ba applied:first,tn`•anY PrepaYment chnrges duo undet the Note: second,to�mourKa payable urdee�'p+�su8rapb 2:
<br /> third,ta intereu due;fourth.ca prnwipal due;and last,to any late charges due under the Nate. •�
<br /> q, Ciu�CCtea; i.ie�,Borrower shu11 pay�ll.taxes,assessments, ch�rges,�ines and ir�OSltians sttribut�ble ta�Wo Propaty
<br /> ' whi�h may attain priurity over this Security 3��st�ment. and leasehold paymer►ts or ground ronts. :�f•.�nny. Bonowor�sludl�pry .
<br /> t�tc.�e obligalions in the mu�net pmvldod in pera$raph 2.or if not�aid in ihat m�uuxr.HorroNer sh�ll'.�iay�t}�em.Ari��l����Y
<br /> . .to,eirie person owed payment. Borrc►wer shall pmmptly fuT�ish:tp L�►der All ratices oT�nounts to be paid und�'tXds_'p�apY:
<br /> If Hort�ower roalces these PAY�PI�d��Y•��Ower shaU�xo�5►ptly fumiPh to Lender reaipts evidencing the pag�mtms,
<br /> , Iloirower sh�ll pramptly dixcharge sny lien which has prionity ov�s lhis 5ecurity Instrument untess Borcawet:{ri��in •
<br /> , writing to the papmn�t of the obligation aavrtd by the licn ia a msnupcY�acceptable ta Lender;(b)coatests in gaod�d, tli��tie Ilm ,
<br /> by�.or dcfends agaiact cafqn:ement af tho lien in, leRal�tpcerdinBs•'�vt�ch ln the �.ender's opinion opendo �.a•}1tmw�t��lt[:. ,
<br /> en�r�trctment of the lten;or(G��s�xures from thc holdar of 1hc�ien an agreement satisfactory to Lender subordita¢ins;tlw ti zr tts
<br /> this Socurity Instrument.If Y:ciiilbr determi�ttwt any pai#�of the Pn�percy is subjoct to a liu�which rruy attaT,�t��niptity u�rtr �
<br /> this Security Instniment,Lender may give Borrouer a notict identifying dte lien. Borrower shall satisfy thc itei��Qr'ta�c dncor
<br /> � mo�o of thc actic�x+�.:sec forth above within 10 days of thc giving�of notica. . ,
<br /> , • . . Raim 8pR(! 911l�1'�•• ,.
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