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<br /> r �R VViTH all trie improvemez►m now or��after aectrd an Ihe pm�ty,s�nd ali�:�ntg.app�a�enances.and . � '.��, , . _
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<br /> 6ncezues aaw ar hereafter a p�t of the p m p e r t y.PJl replaxmenb aa�nddItions shall also be covercd by this Security Instrumen� . ��. � �'=
<br />� All af the faregoing is refc�d ou m th�s�ea�ity Insrrumem as t�e"Proper�y." � � =-�.
<br />•' BORItOWER COVF1YANfi�that Bairower is�awfulty seisr�t of the estat�tterxby convayed aad has t�e right to geant�d . ` ` • , - t-
<br /> oomey tSie Property end that the Ptopesty is unencumbeted.exoept for e�cumbraaces of recard. BorrowPr waprent�and will � .. . _-
<br /> defea�d geaerally the dfle tn the Praperty against afl clnims end dEmanda,subjeu tn any encumbmnces of reca+rd. : �..
<br /> "'� THIS SECURTTY INS'I�tU11�NT coffibines unif�cn coveaanta far a�sinua! use and aan•anifacm cavenaab wiif�iiruitesi -- . --- _
<br /> vatiations by puisdicti�nn m consumte a unifaim sc�rily instrument caverin�rc�l pmperty. - � �
<br /> i1NffORM COVFNANTS.Bmrowet aad I.ettdEr coveaxnt�d agtee as fouowx . -
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<br /> 1.Paym�t o!Prindpul und Interest: whea due tke � ..� , �° �' �_
<br /> �upme�st rtnd Late Cliargc9. Bairoiver shalI gramP�Y PaY
<br /> principal of and intecest an the debt evide�c+�by thz Nate snd anY P�FF►Ymeat and late charges dae emder t�e Naie. -=` ,; :' �' ,.:;� `
<br /> Z.Fimds tor T�¢es and Insar�ne� Subj�i m appticable!aw or to a wratten araiver by L�tder,Boieo�er shall pay w . '� .
<br /> : • :�,.:. ,•.
<br /> I.eader on ths day montWy�ayQSe�ts s�re due andes the Nate.�mtil tPie 1Vnte is�id'm fu11.a sum("Fands")far:(a)Yrar1Y�es �, .�: r�,�' :e..�;:�
<br /> and a��ts ahis6 may st�in�riori.tyr ovrr this Sec�uity In�tumeut as a li�an We Pmpeny;(b)YeariY 1t�sehoW gayma►ts °`f�_:,�;,R�.�;,
<br /> or gm�md�on tLe Prapeny,if any,(c)Y�Y��P��Y in..�um►ce gremiums;(�YeacIy flood ins��are pKmiums.if �.."_.��'� _ ;.
<br />� le b Bonower to Leadei,m aooaadance vuilh siie '".�`°•�•�.`�'
<br /> �nY.(e)Ye�tY maitgage insurance F�►urms.if any;and(�anY sums FaY�b Y �°� .•.,:°_�,
<br /> . pmvisions of parag�raph 8.in liw o�'We�aymcnt of niortgage ias�anse premiums.'ihese ite�s ere csl�ed °Fsaow It�em£." � •'-<���;� -
<br /> '- . ,�:
<br /> - Lender tnay.at any time.oollect aad hold Funds m an amaimt not tn exceed tt�c ma�um amount a kader far a federally telated ;..'•��.,_�- .�" ..--
<br /> , mn�agc lo�may reqQUe far Bmmwea's esaow accotimt ander the fedeial Real E�te Settt�aant P�acedates Act of 1974 as '.��•.`"����-.
<br /> amend2d tmm acne to time.12 U.S.C.Searon Z6t)1 e1 Jeq. ("RESPA�,�mless aaolher taw d�at Spplies W the Funds sets a ies.�et ,.;� ;� - � .,: -.�
<br /> �tamct.Jf so,Leadea may.ai any t�e.ooIIect and 6oid F�ds in en amoani not w eaoeed the{esser amauat I.ead�r may �-`�•,6��;�;,,;
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<br /> estimate the annomnt of Fands due on the 6asis of ameat data aad masonable est�ates of expeadiuue,v af fauu�Escrow Itema or .���_�� --
<br /> othLcn�wise in aoc�dsace vri�►applicab2e 1aw. ; ;�, � •:�..;
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<br /> 1be Frmds shall be IteId in an iastitution whoss deposits ane ins�aed by a fedeanl agr�cy,�cntalitp.ar e�diy('�sInding � �?�
<br /> ,:,; t�drs,if I.�dea is sach a�instinitinn)ar m aay Fe0aa1 Home L�aa Basilc.L,eade.r shaU apply the Fands to pay the Escrow _ -��.�=--
<br />._;;,•, ;�.v.I,ead�may not d�Baaawer far teo}d�ng and applying d�Fi�ds,ffimaa11Y anatyz�g t�e escrow a000unb ot vuifym8 ` . . �
<br />'.:;:. t�e Ess�w It�ms.�mle.ss I,�der pays Eara�wer inte�t on the F�3s�d applicable Iaw permits I.eader w make such a c�arge. ° ; i .
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<br />. Iiowever,I�¢dcr may ze�e Bonow�to pay a on�tisme chazge f�nr aa indq�endaat real�tax nportmg savioe used 4sy �:� !-.-
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<br /> I,eader m oonnection w`�t3t'ss 1oan.tmless applic�ble 1aw provides otharovise.Unle�s an a�reemrat is ardde or syplicable law :.��' ,
<br /> ��mes intaest m be�.&rznder shall not be req�red m pay Bo�ower any mtaest or eamiags an the Fm�Bs.Boaower and �''y '� ..�
<br /> d�adra may�in a�riting,howev�,�.t inte�est shaU be paid an dee F�mds.Leudes sball give w Bomowei.arithaut ch�ge.aa ;�� -
<br /> , annual aao��of the Funds.sho��ediu anfl dei�iis to the Fc�ds mid tba guzpose for cvhlr.'h err,fo debii to the F�c,ra� •:_, >: �' . ;, .•_.
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<br /> uv�:�= made.11ie F�aie pledged as addirionai sea�ry far all sums socam,�E�y this Ser,a�inr tns�n� �'{.•., -
<br />�"`..�, If the F�6eW by Leader exceed the amounts pa�miued m be Crr�dt Ity applicable law,Le�dea r�II aaooant to Ba�aR��ie . w:if.:._
<br /> • �: ths excess Fands in accardance aith the�nents of applisabie tacr.If the�no�t of dse fi�ds isrdd hy I�c�at my tm��
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<br /> . aoL suffixient to pay t4e Fsczaw Ioams wheu daeti Leader may so no�g B:e�nower m vrrimtg,and.in such case Sa�nvwet sha�Fag .,x" ��,,<,.:.���' �
<br /> to I.ender tls�amo�t necessary tu matce up the deficiency. Barm�cr�.�all mal�e the defisieucy m no more than¢�'� • ,�'�;+:� � _
<br />, uP �r��-..-•;;;n....
<br /> ��Y PzS�ts.at Leader's sole 'd��. '�`r:`'�'°'�:t�.
<br /> UpaD PaYmex►t in full cf ali s�s s;.�:.�..3 by this Securiry Insu��t,Leader shaII pmmptly�fand tn Bazower any blundv = "�'�'.•�'`''•
<br /> �. .A.�"_--
<br /> ��',:; beld by Lender.If,uaQ��h 21,�.eaider sl�1�.�e or se11 the Propedty,Lead�,prior to the acquisirian�saIe of tlse _ _.
<br />; • � �F3ppe�ty,shall apply any����l 6p I.ender at cs�e tu�e of aoq�ion ar sale as a cxedit against the sums sec�ued by this . '�r'°_
<br /> .:�•. , SeC�lty InslrQmeaL �• F'.:'
<br /> us„;` 3.Applis�ti�on ot Peymenta U�:Epplicable law provides ct�sarise.all DaYmeats received by Iaader m�dct p�hs ! _?�-.
<br /> . 1 and Z shaU be s+pplied:6rst,tn anY F�Y�ent charges due undes�Note;second,w amo�ts payable ander paragr�pb 2; -_ ._
<br /> f: ;' durd.to intrrest due:fonrth,tn prmcipal du�aad iast,to aay lase c6arges due nndes the Note. ����:�'
<br /> � 4.Cbargc9;Ltens. Bmrower sLall pay all taxes.agses�aeutv.charges.fines and�positicns amibutable to the P�+upetty ��.�-�-.�;�:.--,
<br /> whirb may auain pri�ity over this Secari.�r Insuument,�nd lease5old paymcnts ar�ound mants.if aoy.Bozmwer shail pay t�ese �,�...,�„�.a.:,_-.
<br /> - obtigarions in the manaea pmvtded�n pm.�h 2.or if aot paid in d�nt manner.Botroaer shall gayr them on Wne directiy tn t6e �s�s�:--
<br />, pPrsan awod paytnent Botmwei shzII�rsmptly fimtish w Lender aII notices of amounts w be pa'sd�this pacag�aph.Tf - -
<br /> ;' Bouower maYes these paymeats d'aectly,Borrower s'��;romptly fiunish to I�ender receipts ev,de�ac�g the gr�y,rn�ts. � � -^�'. ."'-�,_ ------�
<br /> � '' Barmwer shall pmmptly discharge any liea��clk luss pmurity over this Secvriry In.strumeat nnlzss Evm���:(a)e�gte��ia� ,��'� =�=�
<br /> � �� arriting w the paymeat of tLe obligadon�red�;�fu:�ili�m a�er aooeptaT�te w Leader:(6)caases5��faitL tP�e 15ran �`;��'•�
<br /> �, bY,or defCad�against eufon�ment of t33s 2ien a�, �Proe�diu� which in the LeaJer's c:�si.u3 cf1.� to yrev�ar,}lJm� �"�,;:.:' ••�
<br /> .� . r enface�ol�c�f the 1i�;or(c)sea�res fr�the P.��1�c,�[h�liea�agreement saLisfacwry to�a�rL�fi�'sng the Gr�,s.ra� ����z��:�:---
<br /> � this Secaiity rnst�umeai If Leades detamines e2�at�c�s�ins�the Property is subjeca rn a li�n�fii��map a:miu{�tr•'.ry ovsr�is
<br /> Sect�rity Instrwnent,Leadea may give Baa�wer a caur.���tifying the lien.Bo���s shtill satisfy¢he liers ar t:,�oae or rnme , .kr ���- _-..._.�=�.f_
<br /> of the actinrs set fonh a6ove aithin 10 days of ihe giL'7n�,r r,f notice. ..'�'� :. - -_
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