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<br /> THIS SECURITY INSTRUMENT carsblr�unNorm covenants for natlonal use and non•unllorm covenants wUh
<br /> Iirt�ited variatlons by jurisdidbn to constituto a uNtorm cocur�y lnatrumer►t coverinp real property. .
<br /> UNIFORM COVENANTS. Botrower and Lortider cavenant arx!apree as foUows:
<br /> 1.Paymsru�Prlruipa!and tr�Nt;Pr�xymsM and Lat�Ch�+rpa. Bortower sltial!PrampUYpaY whan duo --
<br /> the princlpal of and i�ieresi on the debi evidenced by the Note snd anY Ptep�e►Yment and lats chargea due w�der the
<br /> !�lote.
<br /> 2.Fw�ds to�T�ucss tnd Inwnncs. Subject to a�pl3cable Iaw or ta a wr�ten walver by Lender,Borrowaz shall pay
<br /> to Lender on the day monthlY payments are due under the Note.uniH the Noto ts patd tn fuU.e sum('Funds')for:ta! -,�•:
<br /> yeatrty tt�xxes and as5essnnents whlch may s�tat(n prbtity over thls Sectuity Instrumer►t as a lien on the Propetty:(b1 y�tty �--
<br /> Ieasel►o1d paymarsts or�raurxi rants on the Property�if any� (o)Yearly hazard or propeRl►insu►ance premiums�(c�) �--
<br /> Y�Y��^�Pr�TM��any:(e)yearlY mort�►ga�nstuance Prert�lums,B any;and(�any sums payaWe by �.?-?,�,
<br /> Bortower to l.ender,In accordance wkh the provislons of paraflraph 8,in tieu of the paymert:d mortgage insuranca �_-�-
<br /> premtums,These�ems are calied'Escr�+v Ite+ns.'l.ender may,at anY time,cdlact and hdd Fu�ds!n an arYwr.u�t ix�t to
<br /> exceed th0 maxlmum amount a lender tor a tederally related mortga�a loan may r�Quire tor Borrower's escrow�CCOtu►t � `
<br /> under the federal Real Estate Settle�nent Procedures Ac!of 19T4 as amer�ded from tune to time.l2 U.S.C. §26�1 nt �:�--
<br /> seq ('RESPA�,uNess another law that appUes to the Funds sets a lesser amouM.If so,Lender may,at any time,coAect
<br /> and�hnid F�nds(n an arnou�t not to exceed the less0r amount.Lender may estimate the amount of Funcls due on the
<br /> b�asis d curreM data and reasonabie estfmate+ot expenditures d fuWre Escrow Item.or otherwise in accordanoa with � '�
<br /> appticabte law. `
<br /> fhe Funds st�atl be he�d in an t�strtutlon whose depostts are tnsured 6y a federal aqency.instrumentaliry�oT e�tihl �s. -
<br /> (indudtng L.e�der.M Lender ts such an tnstitutbn)or In any Federal Hane loan Bank l.ender shall appty the Fw�ds to "�=�
<br /> PaY the Escraw ttetns.Let�der may not citiarqe Batrawer tor ho{dinQ and applyir�the Fut�ds.annually srtiafy�irq the - -
<br /> escxow account.or ver�ying the Escro�w Items. uNe�s Lender pays Borta�wer tnterest on the Funds and appllct�ble law -�
<br /> permits Ler��der to make such a charge.Hawever,Lendet may requlre Bortower to pay a one time char�e for atn — -
<br /> tnde�ent rea!estate tax reportlny se�vice used by I.e�der(n connectbn with thls loan,unless applicablo law �
<br /> provide�o�ierwise.Unless an agreertrent Is made or applicab!e law requlres tr�erest to be pakl,Lender shal!not be Ey,
<br /> requked Qo pay Borra�wer any G�terest or eamin�s on the Funds.Borrawef and Lender may agree(n w�itlng,iu�ce�tec. �:��
<br /> t!�kneres3 sF�afl be pald on the Funds.�er shaU gNe to Borrower,withotd charge,an annual accouratirt�of the f_- .
<br /> Funds,s��owirq credits and debks to the Funds and the purpose for which each debit to the Funds was mada The �.
<br /> Funds are pledped ss addkional seciuitY for all sums secured by this Security t�swmeM. `
<br /> If the Fix�ds hetd by Lender exceed ti�e amounts Pem�fed to be heid by taw.Lender sf►all aa�u�rt to -.
<br /> Botrower fix the excess Funds(n accordance withh the requU�ements of law.ff the amount af tf�e Funds hefd
<br /> by Lender at any time Is not sulRclern to pay the Escrow Items whert due.lender may so not.ffy Botra�rQr tn wrRing, __-
<br /> and.tn six;h case Borrawer sheN pay to l�ender the amouru ne�ssary to maks up the deflciency.Borrower shall make
<br /> up the deHciencY tn no more then twelve montltiY PaY+nertts.et Lende►'s sole tilscretbn.
<br /> � uP�'P�Y�'��In fWl d all sums sectued by thls Secwrity Instnunent,Lender shaU promAtlY refund to Burrower�ny
<br /> Funds hetd by Lender If.unde�paragraph 21�Lsnder sha�l acquire or seil the Property.Lender.Prior to the acq�tsf�ac�
<br /> : or aak of the Ptnoerty.shaY a�iV anY Funds fteld bY Lsnder at the tkna of aaQui�tion ar sale as a Credit a�ainst ths _
<br />- ' sums secieted by ttds S�rfty lnsir�nt. _
<br /> ' 3.Appuc�tion ot Payrtwnts. UNess appiicable!aw provides otha�wlse.ali PaHnents received by Lender under �.
<br /> . � para�aphs t and 2 sha11 be applleci:�.to anY P�Y���9es due under the Note:second.to arnounts PeYabie
<br /> ; W�der paraprapN 2;thir+d.4o intenest c�e�fourth.W princt�al due:end last.W any late charges due tutider Nte Nata
<br /> i.Cff��s;l.l�ns. Borrower sha!1pay ail taxes.assessments.dtiarges.flr�es and impositlons attribtAsble te the
<br /> Prq�eity which may attatn p�lorky over this Secu�ty Insuumor�.and leasehold payrne�ts or ground rents.ff anY• _
<br /> ' gpRawgr sF�aY pay these obtigations in the manner pro�lded In Para9raph 2,or ff not paid tn tltat manner.Bomowet sftaM
<br /> t�Y them on time d(nectly W the person oM►ed payrne��.Borraver shall pranptly fumish to I.snder aU natices of
<br /> � amowxs to be pald urxier this pan�gtaph.lf Borrower makes tl�ese t�►Yments d(recttY�8ort�o�we�ShaH prompdy furrrish to
<br /> Lerder�ipts evidencfn�the pa`/�aents.
<br /> Borro+�rer shall�y dlscl�a�ge any lien wl�lch has p�lorlty over tltis Sectuity It�strument uNess Bor,�mwer.(a)
<br /> ayrees in Mrtkirg to the paymerrt af the obl3Qation secwed by the II�In a n�ru�er acceptable�l�L��.(41 cont�ts in
<br /> 9ooa faith the lienby,or defends against er�orcemer�s of the Ilett in��e�ial Prxeedi�s whlcl�t�the L.endePs oMnlon
<br /> operate to pr�ever�t tfie�of the lien: a(c)secures irom the hdder of the lien an agreemerx s�ory to ___
<br /> Lender subond�D the Ilen to this Sectuity Ins�umeitt If Lender determk�es that any part d the Is subJect to
<br /> a Uen wh{ch may atfain ptio�ity on+ec tEs�s Searity Ir�stnunerd,Lendar rnay glve Borro�w�e�a r�adce idlP6��the Ilen. —
<br /> Bort�wer sNeY sa�sfyF ttw U�n or taice one or more of the actlons set forttt above wittwt 10 days d the�ivin�of nadc�.
<br />� 5.Hax�rd or Pro('+�rty Imtxa�a. Borrower shall keepthe tmproivements now e�stktig or here�tte�erected on ttte _
<br />- Propwty fnstued aQa�st loss by fere,ltiatards Induded withGt the term'e�dended cavecaye'and any otfi�hazands, -
<br />� Uldudtng#oods or floodiny.fot wt�tch t.et�der requires Insurerir.e.ThlS 1�3tuence si�all be ma(Mained tn ttte am0ur�s and
<br />' for ttw periods that Lsnder requires. Tha insurar�e carri9r pro�vidfng the insuranoe shall be chosen by Borr�wer subject -
<br />_ to Le��ders approvel wF�ich snail not be unreasonatF�iy withheld. If Botro�wet faYs W maiN�in oaverage desctibeif atio�ve.
<br /> I.ender may.at l.e�xie�'s ap:K,n.oixain cvverage to procecx t.enci�'s rigttits frr the Property in ac�sr�ce wiu, —
<br /> , pera�raph 1.
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