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<br /> �l���l�hit�1l� 8� tt10�ff11PTOVEf11Ei1{�IIOW(N�101'C�k7 �f'OCidd Oi1 1f10(1(�ljl�i[Y.Aili�iiu CiSC111C71E1�O�tijXti'k�i7iY:t:i:i,W1i�
<br /> fixturcc naw or duca�tt:�a part of tlse p�apa�ty.All rc.�lacemcnts and aziditions sball slso bc coverod by�Sxuri�y pnswmen�
<br /> : All of Jst fors�oi.�i�refetrcd u,�in thls Security Insttumcnt►v tBo"ProiK'nY..
<br /> BORROWSR C`aV6NAN'I'S th�t Sormwa is lawfuUy stiscd oP tho esta�c hcrcby conveyccl and t�s sh�ri�ht co Qran�md
<br /> oanvey t1a Propti�ty and tlut the Ropetty is w►cncwn6ancf.exccpt foe auunihrances af rocord. Bamwer wturaaW au�!will
<br /> dcfcad gcacrally tAc dtic w thc l�roFcr►�eL'ainst aA ctaims usd dcrn�nds.sub,joct to�ny encum6raiucs of�ncard.
<br />_ '�QS SFsCiJRI'i'Y INS7RUl1�iNT norabiuca uxiif�rm covr.�a�s for aatlot�l usa aad uwi-uuifotm covcaants with limittd ,
<br /> = vatiAiiwns by jurisdicLion w a�stitui-a unifonn socurity instiwuent coveriag rcal��erty.
<br /> � LINIPORM CC�YENAM'S.Bottower and[.eader covensnt�nd�qroe�s foUows: -
<br /> - l.P�ymeat ot Priaclpal a$d Iaterat:PreWymeat aad 4nte ChsrZes. Hortnwer sl�aall P+'�P�Y P�Y wben ciue tbe
<br /> � Princip�l of a►�d iatcrest on the dei�t evicica�ced by thee Noie and�Y Prr�aYmeni�nd ta�char�es duc undr:thc Nou.
<br /> � 2.Fuads[or Taxea aad iasuraaa. Subjoct to �plicabk law or w a writua waiver by Lcnder.Borrowu shall ppy ta
<br /> lat�ou th�,diy r�wai,hlY WY,�eat,a+a duc,u�k:Ctw 1�c�:,,.w—.til tA;,.Na,:is p:id'u�fuD.a swn("Funds")for:(a)yearly taxes _
<br /> - and assessr�us which may utain priority ova thir Socwity Instr�uaeat�s a liai on�he Property�(b)Y��Y��PaY��
<br /> or ground rents on the Property.if any:(c)Ywrly hazard or property ins�uance premiums:(d)Yeariy ilood insurar�ce pcuuiums,if
<br /> �sY:(�)Y�Y�BABe insw�e pc�emiums,if aay;uxl(�anY�PaYable by Bomnwu w I.�sder.in oocordanee wiW Ihe
<br /> provialoas of par�rspA 8. in liw of tbe p�ymeat af martas�e ias�uaace premincas. Thesc iu,�as Are caliod "Fiscmw Iteras."
<br />' � I.ea::.��:y.«t:ay ti�-..coL'�xt�.d�Fua3:i.�sa�.^nc;uu not to extxed��-,taaxita:u�ssnaunt a kntkr for a fe[klaqy rGWed
<br /> . mortgage ioaa a�y roquire for Borrowex's esemw xco�uat under the federal Real Estate�eitlea�eni Proc�dures Act of 1974 zs
<br />_� �mmded f[om time to time.l2 U.S.C.SoCtion 2601 et uq. ("RESPA").uakss enothcr taw tl�at applies to 1he Fuads 9ets a iesses
<br /> amonr�� If so.Laxser m�y.u any timc,oolkct�ad twW Funds ia aa omount oot w excaed the lesszr amount L,enda may
<br /> estimate�be amouat of Fnnds due on the basis of curreat data and nasowhh cstim�tts of eupeadiwres af futuce Fsscrow Itesns ot
<br /> ' otbawise ia accocdanoe with applicable l�w.
<br /> � Ylsc FUnds slwU be 6eld ia aa iasdt�uioa wt�e�osits are iasuced by a faieral agency.itutrua�ality.or cntity(iacludin8
<br /> l�endet,if Lawla is arcb aa iastiwtioo)a io any F'�edval Ho�ae L�oan BaNc.[.ender stnll�pQly the Fl�nds b pay We Fssctow
<br /> Items.I�eader rt�y not charge Borrower for bolciia8��Y�B the F�uds.aewually analyting tbe escrow aoca�a�or verifyiag
<br /> the Fisa+ow Items.onkss I.eader paya Boreower inturst on tbe Fiusds and applicaWe law permits I.ender to mai�e such a charge.
<br /> However.Lenda may requize Borrowu tu p�y a oae-dmt ctwge for aa inde�der�i real estate ta�c re�oning urvica u�ed by
<br /> i: I,eader ia ooaaoctioa witb tJus 3oao,unkss�pplicabk law pcovides ott�awisa Unkss aa�groemeat is msitle or applic�bb�w
<br /> � roquires inte�t to be p�id,I.�ader sZ�all not be roquired to p�y Boc�owa aay iatei�,st ar camiqgs on the Fuads.Barower�ad
<br /> I.ender m�y agroe ia writung.dowever.tl�t iataest shall be paid oa tLe Fuods.Lender shall give w Barmwer,witbout clwgo,aa
<br /> amuai aocouaW�of Ihe Funds.s�wwing credits�ad dei�its to ti�e Ftiusds�od the purpose for which e�ch debit tu the Fwids was
<br /> wade.The�lunds m p{edged as scWitional sec�rity for�11 sums sacnred by this Security 1nst�uaieni.
<br /> If the fl�ads htid by I.endar�ccad tbe amouats pe�mittod to ae held by spplic�ble law.l,euda st�ll a�x;ount to Borrowu for
<br /> tbe e:oat�Ftiads in aa�oad�re witn the requiremmts of�plicsble l�w.If t�e aawunt of t1�e Fuads 6e.ld by I.endar at aoy ticu is
<br /> . not suf�icimt lo pay d�e E�crow Itemc ahm d�.Ir�1er may ao notify Barrowcc ia writin,g.�nd.in s�cb case Borrowa shatl PoY
<br /> tfl I.ea�ier tl�e amonnt aeass�ry to m�alce up the de�y.Sarow�er st�t!m�„ up the deficia�cy in no mae ib�u tvvelve
<br /> aaootNly u�rmeats.at I.u�da's soie�oa.
<br /> . Uaoa psymeai iu ful!of a!1 siurs sec�ur�by t6is Sxusiiy In�rume�t,I�et sha11 psamps3y refi�md to Bormrva aoy Fe�ads . .
<br /> ; he3d by Lajder.If,unde�r gangraph 21,I.e�sd�r shall acquire or sell t�e Propa.y.I.cader,Pria*to the acquisitioo ar s�le of the
<br /> , ProQertY.shall apply any Finods hetid by I.ea�ler at tlse dme of acquisition a sale a9 a cndit a�inst the sums secuced by this
<br /> ,
<br /> � Applieatio�of Pajsea�. Ua3as appticabk law provides otbawise.aU paycneats received by I�xkr w�der p�agraphs
<br /> 1 aad 2 sln11 be apQlied:first�W aoY jrepaY�aait cbar�es dae uader tLe Note:secon�l.to aciounts payable uatks par�t�rap6 2:
<br /> dvcd.to ia0erest du�;fo�h.w p�incipal due;md 1�st,W any lat�e cbarges due evsc�'c:the Nota �
<br /> � 4.Ctiar�es;Liad. scxrower sAall pay au auces.assessmeats.cl�arges.E�x�ul imposirioas atuib�hie a d�e Aropacy
<br /> � � �vhicb a�ay amm prio�i�ty cyvtr aiis saciu;ty rawumem+.aoa lea�rbosa wrma�s oc�,rasnd re�ts.if any.sorrowa�saau pay tt�e
<br /> � obti�atio�ia�he nnnoa provided ia pac�gnph 2.ar if aot paid ia that��usa,Borrowv s3a31 pay t}�oa timme direcdy aA the
<br /> , petaan o�rM paymeat Bormarrr s�Q pnomptly furnisd to L,eader�il notices af��,��Q to be paid under this paa�.ff
<br /> soera.�rr raaices tbae p�ymmtt aandly,s«iower s�u pro�nptty fumisb b I�ea.�es nceipts�vid�a�t�e P�r�
<br /> 7 Bamo�u�er st�il proa�ptiy di�cliarge�ay liai wGici�has priority over this Saxrsity Instruma�t�lexs Barrowec(a)agnees in
<br /> �uritinY to tbe p�yafau af tLe obl�gatioa eocured by tbe lien ia a�anaer�cceg�Ie to I,endrr;(b)co�tests i�good faitL tb�lia�
<br /> . by, or cBe£eads against eafarc,anau of fbe tieA ia, 1ega1 Pnma,�a8s whids ia tf�e L�'s opinion opaate w prevent tbe
<br /> '� eafan,emmt c�f tbe lieA;or(c)secures from the 6alder of tbe lim ao agreeaxaRt�itifaaary oa L,ender subo�diuuiag the liea w
<br /> t�is Sociaity s�+�^� If Leader daermines tl�at aay part of the Pcopesty is s�Itject w a liai wuicb may anaia priority ove�this
<br /> ; Sec�ritY Instrumeat.I.eader may give Borrower a aodce ideatifyia�tLe jieo.BcYmwer s�luil s�tisf'y the liea a talce a�e or mo�e
<br /> � of 1�a acxion��et faM above vrithia 10 days of the�ivio�of aotice,.
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