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<br /> � w''N; l'OG"r,�'}-II:R :�'I"TH ali ti�e impm�'ements r,ow o� tiere�:[er erectcx!on ihe property.and all r_�se:r.ents, appurtenances, and
<br /> � ��''+ (istures n<r•r or hereaCter a part of tha property. All r.giacements and additions shvl also be covered by this Sec�ri.y
<br /> ��r $:s
<br /> [nstru�*tc��t. All of thc foregoir.g is rcferred:o in this Securiry I�tstrumcnt�.s the"Pr�perty."
<br /> ,,,��# ; , � 90F2R0\T�'EP. CO�'i?NAtiTS that Borrower is law:ul{y seised of the estate}�ereby conveyed and ha;the right to firant and
<br /> `�,, . �,�,xp��� c m•y tlic Pre�p:•rty ard that the Yroperty is unenc�smberea, exc��;t for encumbranees c.f record. Bortower warrants and wi.!
<br /> � V�;;q; ����r,?zra detc�icJ gr�cr.11y thc titic to thc Pn�r�rty againxt all clai�ns and demands,subject to any encumbrances of rcr_ord.
<br /> Tf1iS aECU,:!Tl' INSTRLi�tENT cnmbines uniform covenants for nationaf use an� non-uniform covenar,ts with lin�ite.i
<br /> �a:iatiors hv ji.risdiction ro c::nstiuue�uniforrn security instrumen[covering rcal property.
<br /> liNIFCiRM COVENA`:TS. Ao:r•n;er a�d Lcnder rnven2nt and agrec as fellows:
<br /> • f. .'a�mcnt of F'r:r.�i!:ai arcd Li�rrest; Prepay:ner,.► a�d I.�ate Charges. Borrower shall prom�tly pay when due the
<br /> �, "' p:incip�l of and int�rest on the drht evidenced by thc Noce and any p�en�;�nent and late charges due u�der the Note.
<br /> ` '_. 3'��nd� for Tases and Inseran:e. SuFiect to apF'icable faw or+c n writteri �vaivcr by i.ender, Borrower shall pay to
<br /> a Lr.ridcr ori the day monthiy payments rirc�ue under tn��Note,until th�13ote is paid in full,a sum("Funds")for: (a)yearly t�xes
<br /> �r.c: •�s�cssmen,s which may attair eriorit}•over ti�is Secun�y I�strumen:as a lien on the Property; (b)yearly leasehold paymerts
<br /> ,,*�:r�und rents on the Property, if any; (c)year?y Fazard o�nroperty insu*ance aremiums; (d)yearly flocxi insuranee p:emiums,
<br /> if�:m�; (e? �carly morteage in;urance pre:niums, if any; and (f any sums payable by Bottow�er to Lender, in r.c�ardance w:th
<br /> thc p-o�i�.o�s o;nara�rap!i 8, ir� li:u of the,avment of mortgage in,,urance premiums. These items are calied "Escrow [tems."
<br /> Lender n..�y, at any time, coilect and hoid Fun�s in ar amount not to exceeaS the maximum amount a lender for a federal!y
<br /> rclated mc�r,ca�e loan may rec�airc for Borrower's escraa• acea�nt under the federa! Real Estate Setdement Procedures Act of
<br /> �` ]��7�,s ;:me:�ded from tirne tr time, 12 U.S.C. Secfion 2601 e�seq. ("RESPA"), unless another law tha!a�plies to::�e F�.::�c�s
<br /> x, ' scts a !es�cr ;n;ounc. ii so, Lenc',�r ma}•, a: any ,ime, col'.ect and hold F�nds in an amount n; to exc,:ed the Iesser a�nount.
<br /> t_cndcr rn.�y c�ti:iiate the amount of Fund,due on ihe. basis of current data and reasonable estimates�f cxpenditures of futnre
<br /> ki�.c�n�v 'tc:�is or other�vise in accordanc��vi(`�applicable law.
<br /> �� 'I�he i�un�ls �hal; bc held in an inststution whosr deposits are insured Ly a federal agency, instrumentality, or entity
<br /> r (ir.cluciing Lcnd�:r, if Lender is such a� institutienl er in any Pederai Home Loan Bank. i.ender si�ail apply the Funds to pay th•_
<br /> Fsct:�:� ?!ems. ?.,ender may not charge Borrowpr;cr hoidirg an�l applying the Funds, annuaily analyzing the escrow accuunF, or
<br /> ��.:�i�inc ti�c Escrow Ite_ns, unfess Lender pays Bor*oEVer interest on the F�z�ds and apniicable law permits Lender to make such
<br /> � :� c'�,r� t;��n�evcr, I_ender may require Borrower!o pay a one-tim charge fe:an indepcnder' ceal estate tas reporting sen�ice
<br /> i.scci !�y Ler.der in conr.�:ction v.ith this luaa, un(css appiicable iaw provides otfie�vise. t'nlcss an agreer.ient is made es
<br /> �; .ic.�hlc la�.v reyuires inccrest t-�bc oaid, l.ender sliall not bc required to pay i3ocrow^r any ir;terest or carni�gs oi+ the Fund;.
<br /> ;'�,rr;�:�:er �nd Lendcr ma�� aeree in writins. hawe�:r_r, that intetest sha?' be paid on the Funds. i.ender shal! give to Borro��cr,
<br /> - � ...�,�„t c;�a-,,e. _�r. anr.u��l aecountim� of the Fcnds, showing credits and ciebits to d�e Funds ar,d the pu�-pose fo: which c�ch
<br /> _ �� �e��.t t�,�h� F��rds�,��as r;�;:de. Tlie Funds are pl;dgea �as additional security for all sums secured by this Security Instniment.
<br /> � � if�;��c :=::nus hc.d b,; i.er�der e�.eceecf tne amr;�rzts permittecl to rz!:el�l by appli�a�le la�x, Lender chall ace�ant to Borrow�:r
<br /> � � � ,,, ,.:�� c%ce�,: ��un:is in acrnrrlance H�itf1 the reyuirernent.s nf anplieabic la�v. If the amoimt of the Funds held hy Lender at �iny
<br /> � t ,_ �� ��:,; :ailici:nt tc ����.�• die'i�scr��w I[cros�a�hen dae. Le�der n�ay so r.otiC}' Borr�iwer in writing. .nd, in such case Bnrro���er
<br /> � � �.l�zi' t�a�, '-� 1:�nde�� ti;c at��our,t r.ece,sary !o riake up the de:`:ciene}�. Bc�rrou�e.* shall mak� up the deficiency in no more �han
<br /> � t�:;c',�:c m�;n!h;��p:��v�:��n?s. �,t Ler,de�r's sole discretir,n.
<br /> � � � :',�,n prr.�i;;n: i�� tu!I of a!i cums cecure�i by ti�is Security ?�strt!mrnt. Ix��de� sha:l promptly reSund to Borrc;�ver any
<br /> � � � .,. .�., �' ; ��;�n�ic��. IC, und:r n r<;raph?L Lendcr shalf acyuire er sell ti�e Propem�, I,ender, �?rior ro the:cquisition or_;zie
<br /> � - � � Pr.�T�;;��, s�.t!I aP�iy any F!�nds h�ld h} Ler.der nt :h��ii1�e o;�cy��i;ition ;�r sa!e as a eredit against the sums secured by
<br /> � .;�c� :.:it�� .�.:'rurnen!. •
<br /> : � � ;. ,_t:��;iica±'ss;ta ��f�'a�menir. L�nicss anplic:bic ta«� pmvidcs otf7cn��is�, �1'; pz;.�,nenr rcceived bv Ler.der under paraerapiis
<br /> �� , .,; �� I! �. �,;icu: ti*st, l�� .ui�� prep�yr.�c»t ch�:rge; du^ ur:der t`,e �ate; sec�3;:i. to amoun!s p,iy�ab',e under para;,�r.:pt: 2;
<br /> � ,. ,!, ±n ,�i!e._ .:',,,. f�!::th, to�rinci;��.ii duc. ar,d la;t. !o<.aiy late chart�.rs.t�ae ur;uer the N��tc.
<br /> , � . �';i;r;r��; i.i�r:s. I3orm�;,�cr .;hai( pu•; a!! t:iYCS, ass�:�ment.�. �i�,�r�c��, fncc and ir.ipositions �ttributabic to thc Propri..
<br /> � � �;i� i �� ;'_!ain priorit; o�,r; th;s Securt}� In�tn:ment, and {�aseheid pa�ments or ground rents, if any. Aorrotaer sha�l nai�
<br /> � _o;�i;�,;;:inn; i�i th�a=*��ir�er i;rovic'sed ir ��r;«rnnh 2,or if r.n[r�i�i ir;that m;:nner. Borrower sfiall nn�them er. time directl}
<br /> � � � t� ti�e , ���r.-�;wcd �:t�mzn[. ;��rrowcr s!�all prom�dF fur��ish to Lender alf n,t�c::�of amounts to be pa�d unu'er this paracraph.
<br /> � � if'�;o:rc,��.�cr mc���es t;:^�e p.���m�rt�c(irect!y. 3orrov,-er shai! pr�mt�tl}�turnish ro Lender rec��ipts e��idencint[.`.e Eriymer�ts. '
<br /> �� � r;;,r�o�.;�er chc�! r.;ump!1}�uisch<<rce�im� ;ier�v.hich has�-:��rih;over thi:S�cu-ity� Instrt�mert unles: R�,r��n�.•er: �a)agrees i��
<br /> � �� �the p:i��me��:�(�tl�::obli«a,ion �.cur�' b�• tLe lien itt: ;�t,.r,ncr 3ecepi261e to Lender: (b)contec:�.;��.,�>d faith;�ie lien
<br /> � - �� �i•n.'.� i��t enfurcement o,` tne lien in, legai p,-:�_cedir�c «,i�ich in th? Lender's n�inion o¢erate to prevent tf:e
<br /> � � �� _ ...�� o�!i�c !i�z:; r� (c; securs ��r;�m the h��t�ler oE?nv iien an a�tre2•�:�e�it sa!isfacEer}� to Lender suhordin„in�the iier, to
<br /> � � � � �� i��ti �u•�:�;.r�r�, i-;:tr�;mei�t. �i I_cn:;tr det�imines th�t aa�,� part of ti�e :'*operty is subicct to a lien �ti�hich rn.iy attaiit priority nver
<br /> �.:, .,_ ._ :�,:u�.m�:�t. Lc.�c,ci r�a� ���e F .rrcvrer a no!ice E iert;f}ir.� the lien. Borrower shali sat;sfy the lien or cake one vr .
<br /> . � r r�-c�: !��:��! _ �,s.t frr';above�vit�i�: lJ datis oi dic givin�oi r�cticc.
<br /> - � Form 302H 9;9G
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