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<br /> TOC�FTHC+k WI`!'H nU the im�rovements eiow or hercaRer exextnd an din prn�xrty.nn;�Alf c:uemr.nts. �ppurtenunc�s.And
<br /> fixwres now or hereaRer s part of tl�e propeuy. All replacem�nte anct �KI�Ntint�s ai��all ul;,�� Le covc��ecl by tl�is SFx:uritp
<br /> instrument.All of the foregoing Bs referred to 1n this Sa:ur�ty Inatn�mcn!ns ti�if "F'ro�rty."
<br /> 60RROW6R CUY�NANTS thnt Bormwtr is l�wfuliy scised of thc estatr.hcrct�y mm•eyed ancl i�as ti�e right to grart uw!
<br /> convey the Property und that the Propecty ly unti�curriberod, except for ena�imbraacr.s of mconl. Borrower warrants and wrill
<br /> defet�d generally the tiile to the Property against all claims a►r�1 dem�nde,aubjiict to any oncurnbrAnces of record.
<br /> THIS SE�CUftITY INSTRUMENT combines unlforn�c�vcnants far ntdfo�i.►l uso a,rv.i n:Un-uniform covcnanta with limited
<br /> variatians by juriedictian to constitute a unifocro socurity instrument coverin�s r�ul pro�rty.
<br /> UI3iFOFtM COVBNANTS.Borrower a�xi Lcndtr covenxnt wnd agnec na fuQ�ws:
<br /> 1. F�yment uf Princlp�l �nd Interast; Pr'payment �nd I.nte Chiieyss. Bocrnwor st►atl proinptly pny when due the
<br /> prf�x:ip�l of�nd interest on the debt evldcnced by the Note and any prepaymnnt s�nd latc c.lxuE;ts due undor the Nc�te.
<br /> 2. l�'und�fnr 1'�ucee aad ln�unnce. Subjoct to a�ptsiirabte law ar ta�a w�itton wa+vor-by l.cnder� Borrower s1ia11 pay to
<br /> [,ender on che da�monihly p�ymenta ac+e duo under tht IYote,until tho Noh+.in puid in full,a sum{"Funds")foc:{�)yeeuiy wce3
<br /> tu�d as�s�ssn�ents which may attain priority over this Sa�urity lnstrument as:a lien on tt,�Fro}�rty;(t+)yr�rly lwadwld paymer►ts
<br /> or groun�rents on the Property,if any;(c)yearly harurcl ur property insuruice premiums;(d)ycarly flood insurance prerniums,
<br /> if any;(e)yearly mortgage insurance premiums,if any; and(�any sumu pnyuble by�irower to l.ender. in aca�rdance with
<br /> tl�a provisions of parmgraph 8, in lieu of the paymcnt of rn�rtgAgo insuranac prcmium3.ftM<�items arc culled"Escrow Items."
<br /> Lender may. �t any ticpe, callect and hold Furds in an omaunt no►to c�xr.eed the rc�.u��R�n amount a lexxler for a federally
<br />' �elatod moRgage loan may tnquire for Bomower's escrow account under.th��fisdcinl'.Rr.�l'f�siate SKtlement Proc��dunes Act of
<br /> 197��ctstx:sdrl fsnm��to t�. !Z u.S.C. Sertfon ?.60! �t s�q, ("A��:SRA"),un���.s a��ntlit�.r law that anplies ta tbe Fends
<br /> sets a lesser amount. If so, L,erxics ix�qy, at any time.colCact and hold Fundz in an Wrxasn�l m�t to oxcoed.the lts.s�r, an�maunt.
<br /> I.ender may dstimate tha emoWK of F�lmds due an t!w basis of current dutu and reaso:��'a�simatcs of czpendttures n'F�uturo ' �
<br /> Escrow Ytsms or otherwisc in aca�rdsuice with applicable law. • ,
<br /> '[l�e Funds sh�ll 6e itield in an institution whoso deposits are injRUr+d by a fxlenwl�agency, instrume�tality, or �ntity '
<br /> (including l.cnder, if Lender is su�an institution)or in a�y Fedcral Humo I:�a�i Bank.Len;�ar shall apply the Funds tT����y lhc
<br /> Escrow hems.[,crKkr may not��a Barrower for holding and applying�the Fu�xis,anniw?9y enalyzing i�e escrow�orrurat,or
<br /> verifyin�i�e�scrow I,ttms,unless:ixnder pays Horrower interest on tho 1'�ltnda aitd aY�Eicable law permits L.ender to md;e surh
<br /> a charge. However.l(�rnr�er may roqu'sre Borrower to pay a one•timc chat��e fur an irr�¢q.�e�xttnt neal estate tax repocting 6ervice
<br /> usai by Ixnder in�b�n►nec:tion with this loan. unless applieable law p�uvicli,�s ottyarrwise: Ueiless un agrean�nt is m�de or '
<br /> sppliabie law roquirr.�9ntercst ta°ac patd,[.ender shaU not be roquirod ta p►1y Borrovror e,n,p�interest or eamings an the Funds. �';;�:'.:
<br /> Arrm+ve�r anri i�nde�r mrnr aaree i�w.rltin¢.IIOWCVEi.[hat IOtCTiCCt Sh811 ND�l�td oll tI1�N FV��S. Lenslcr shall�tivc to �rower.
<br /> without�.�arge, an annual accountitt,r. of the Funds. showing crodits anct'debits to d'ec��u�tis:and ihc purgwse for rvtnioli:e�ch �.;�.:.
<br /> debjt to the Funcls w�s madc.The Funds are pledgod as actdidonal socurir�fi�r all sums seciii�d hy this SexvritX Ic�v,s�l�nt:•:`• +: ;
<br /> If tt�Funds hdr3f�:l+y I.ender excxed the arrk,unts permittad to bo heEst hy applicak��c lan.C.ender�,a91.si�caan�;lt:,iE{bi�we^
<br /> for dxe s��c�css Funds in asco�dance with the roquiraments of appflcable Inw. If the�rar:r�af••�he Tax�3,r•;'h�la'�y�;�citi►,,9�r iat�ny
<br /> time ix�ic�!siifficient m pay the Fscmw Itertu wt�p due,i..end�:r may so nntify Sorrowxr�i�s�o�7i�ng,ancl, in 3uch c�c R►�i:rower
<br /> ah�ll�ry�to'Yxnder the�unount necessary to make up tha deficlency. &s�m;►wer sEw�ll'mahit kip the deficiency in nu�,vndre:dw�
<br /> tvrelvt monthlY paYnrents,at I.ender's sole discretion. �
<br /> Upon p�ymem in tull of all suiru sax�red by this Security Instrumr.nt, i��^r shaq prnmptiy refund to Borrowrr any
<br /> �uar�held by Lrndcr.Yf.under paragraph 21. [.e�xier shall acquire or scil�dia l���rty..G;rnder.nrior to tha AcquisiUan or salc
<br /> of tt�e Property�shtll epply e[1y Ftillds hCld by LeMlpt xl the time nf Pr�blisitin�!b���1�.��tir�!t►.so•{nn:!the swna aosured by
<br /> �his Sceuriry Ia�auneent. • , �
<br /> 3.AppBado�o�l'�ymea�ts.Unless applicable law provides othervvt.i�s,a�i payments fra:eivod by undex undsr p�agtapbs
<br /> 1 and 2 shall be sppliai:first, to any prep�ymem charges duc undor the,��`lt4te; seoorxJ,tn�xraounts paybble under par�grsph Z;
<br /> third,to interest due;�ourth,tQ principal due;and last.to any I�te rharg�duc unckr t}�e N.ote�.
<br /> 4.CLae�;l.k�s.Borc+nwer stull pNy ali tues,ss.�ssmaits. efiuq{nti, t�iies a�d in,pc►hitions attribuu►ble ta the Propaty
<br /> which mry attAin priority over this Savrity Ir�trumem. ard le�ehold p�iymants oQ grau�i rents.if any. Borrnwns'�it�ll pry
<br /> tAeae obligations in the rmnner providod.in paragraph 2,or if�wt paid in ti�ut nuin�r. Burrou�er shal!pay them on�us iiiz+ecely
<br /> to tl�a persos►owai paymmt.Borrower stall pmmptiy fumish to Lender sili notias�ff an�wnts ta be patj�l.iunder this tsat�graptt.
<br /> If Borrower m�)ces tt�ese payments dicutly.Borcnwer shall prom�dy fwniidi to Lead�r rneeipts evideacing�tfie p�Yrnwts.
<br /> Borrower shall p�mnptty dischuge any lien which has prioriry over t.l�fa Security Inatrutnene unlcas Borrowtt:(�1 ragttixs iR
<br /> writing tu the payment of the obligation socurod by tiie lien in a m�nner 1�aceptnbla ta Lcmc��;.(b)ronte.sts in good f•rid4.ahe lie,n
<br /> - by, or dcfends agairtst enforccment of the {itn in. tegal pivaxedings :vtiich in t1v� Le�rw'�r's opinian opante to prcvent the
<br /> � enf�rament of the li�n;or(C)secutes frorrt the holder of tho liui an agcum�ent satl5fartory tQ LKndor subordinxtia�the lian ui
<br /> � thia Security Instrum��rn. Yf I.et►der dttecmines that any part of tho Pro��urty is subjxt tu a 19en which niuy attain priority over
<br /> _ this Security Insineu'+�ht. Letxltr may givt Sorrowcr a notice identifyin���the iien.Bormwer sha�l satisfy the IiC�or t�z one or
<br /> i mort aP t�ho actions sGS fotih above vwithin 10 dnys of the giv[ng of notioe.
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