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<br /> T0C3BTHER WITH all Ihe improvemcnts now or hercaRer eroctod�n the propeny.�ili'Qscment;s,�ppurtenances.And -
<br /> - fiatures now or hereafter a pui of the property. All rcplacxmcnt9 w�d addiNona shall alsa be covered by thit Sewrity
<br /> ln�wmen�.All of the foregoing is referred ta in thia Securl�y Inctrument ea tha'Pruperty."
<br /> - - 13I1ttKUW�'K CUV�'NAN f3 that Borrower ix iowfully�eised oP the estato hercby cumeyal r�xi has�te righ�tu�umt Wr1
<br /> --- - mnvey the Property w�d that U�c Property is unencumbered. except Por encumbranccs of recard. Borrower warrantr and wlll
<br /> — __—_ defend generally the tide ro tha PrapeAy agalnst ull claims and denwndA,subject to uny encumbrances of rxord.
<br /> .;� - THiS SECURITY INSTRUMENT combines uniform covenanta far natianul use and non-u�lforn�covenwnt�wlth Nmitod �
<br /> =r-3 --- ----=__� vYriwions by jurisdiction to constiwtc a unlfarm sccurity instrumcnt cc�vcring rwl property. :
<br /> = UNIFORM COVENANTS. Borrowar and Lender covenant end agrce ns followe:
<br /> -- -- l. P�yment oi Princi�l and Inter�t; Pa:pa�yment And I.s�te Chwrges. Rorrower shall pramp�ly paY when duo �he� ,
<br /> principal uf uui intcrest an the debt evidenred by the Note and any prepayment w�d late ch�uges due under the Note. �
<br /> Z.�twls tor Twces wnd in�rnnce. Subject ta applicable law or to a wrltten walver by L.ender,Borrower shall pay to ,
<br /> — l.ender on the day monthly payments ure due under the Note, until the Notc is paid in full,a sum("Funds")for: (a)yearly taxea
<br /> ---- - —__��� -- and assessments which may attain priotiry over this Securiry Instrumentas u Iten on the Property;(b)yearly Icasehold paymente
<br /> �---- -- or ground renta on the Property, if any;(c)yearly hazard or property insurance premiums;(d)yearly fload insurarwx premiums.
<br /> if any; (e) yearly mortgage lnsurance premiums, if any; and (�any aums payuble by BoROwer to Lender.in accordance with
<br /> -- - the provisions of paragraph 8.in lieu of the payment of mortgagP insurance premiumx.These Items are called"Escrow Items.'
<br /> _ --- Lender may, at any time,collect and hold Funds in an amount not ta excee,cii the maximum amopnt a lender for u federally
<br /> — --- related moRgagc loan may require for Borrower's escrow account under the f«ieral Real Estat�Settlemern Procedums Act of
<br /> 1974 us amended from time to time, 12 U.S.C. Section 2601 er seq. ('RESPA"), unless another law that t�plies to the Funda
<br /> �;l�� '�� sets u lesser amount.Tf so, I.cnder may, at any time, callect and hold Funds in an amount nut to exceed the Icsser amount.
<br /> : ' Lender may estimate the wnount of Funds due on the basis of cwrent deta and reasonable estimates of eapenditures of fWure
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<br /> - • - - �' ;r,. ,, Escrow Itetns or otherwise in uccordence with applicable law.
<br /> �;-� �N �• � • The Funds shull be hald fn un institution whose deposits are insured by a federai ngency. instrumentaliry, or entity
<br /> _ �.,;,,. .� ., (includiag Lender.if Lender is such an instituUon)ar in uny Federal Home Loan Bank. L.ender shell apply the Punds to pay the
<br /> � ";� ^ Escrow Items. Ixnder may not charge Borrower for holdiog and applying the Funds,unnually analyzing the escrow account.or
<br />�'�`�t:� �p, '� ver�fying the Escrow Items,unless Lender pays Borrower interest on the Funds and applicnble law permlts l.ender to make such
<br /> � "' .:° . . a charge. However. l.erxier rru�y require Borrower to pay a one-time charge far an independent real estate tux reporting service
<br /> - ' ���'`�` �°���'�*r�'•rs used by i.ender in rnnnection with this loan, unless applicable law providea otherwise. Unless en agreement is mede or
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<br /> -•„�� `�'�;'€;�.;�"�� applicable law requires interest to be pnid, Lender shc+ll not bc required to pay Borrower any interest or earnings un the Funds.
<br /> -- � Barrower and Lender may asree in writing. however, that interest shall be paid on the Funds. l.ender shull give to Borrower.
<br />,,, -��-� without charge, an annuai accaunting af the Funds, chowing crodits su�i debits to the i�unds and the purpose tor which each
<br /> ° �� �. �s, debft to�he Funds wav made. The Funds are plcdgcd as udditional security for ull sumr:r,ecured by this Security Instrumcnt.
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<br /> -�,,���, ; •r,. If the Funds he1J by Lender exrec�l the wnounts pern�itted Ui be hcld by applicuble luw, Lender shull account ta Borr�wer
<br /> • fur the exrexs Funciti in arcurclunco with thr requiremrntti uf�pplirablc luw. If the amount��f�he Fuix+x helJ hy l.eruler ut any
<br />- �"` �`"�- `"��'`�� timc is not �suflicicnt to p�y thc EKrow I�em�whcn duc. Ixnder nwy M►notify &►RUwer in wri�ing,nnd,in ,uch cu+c&�R�iwer
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<br /> -= • '°�. nhull pay tu l.c�uler tl�c unu�unt nerc�suq• lo mukc up Ihe Jclicktky. 9��nuwer xhul) nwke up�he deticiency in nn more ttwn -
<br /> "�,:�.�".' . twclve monthl mentti,at l.encler'ti Mdc dixrc�iuu.
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<br /> � ,,�:.:�,,,,. Upnn paymcnt in f'ull of ull sum� kcured by thi. S�xuri�y Inrtrumcnl. L.cixlcr shull prumptly rcfu�xl iu &►rrowcr uny
<br /> ' Funds�hcld by l.ernlcr.If,wxlcr paruptruph 21. I.�iklcr+I�all ucyuirc ur xll Uic Propeny, l.enJer,prfar ui�hc�yui.riti��n or sale
<br /> • '` " ' af thc Pro n �hall a I un Fund�hcld b L.ciulrr ut ti�timc�N'a� uisitii�n or wle u.ti u crcYlit a uinat thc wtns xecurod b
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<br /> �'=, """",-`';.� , thix Serurity Instrument.
<br />�*" �,"�'-'•'�'" 3.AppNcadon ot Poymen�g.Unlex�upplirublc luw prmideti��therwiu�,ull paymentx rrceiveJ by Lcnder undcr pnrngraphs
<br /> �t ` � � 1 aiui 2 shWl be a lied: first,to un re u mcnt chur �s Juc undcr thc Nulc: secoad,to anwwns a uble under aru ru b 1;
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<br /> . third.to interest due;founh,tu prinripal Juc;und lutit,tu any la�e chargcx due undcr the Note.
<br /> . �� ' ;.�„�� 4.Charyqes; Liens. Burrower shull puy�II taxes,ussessment�,charges, fin��c and impositions Atlributablc to the Propeny -
<br /> ° �•� � which muy s�tain priority over this Sewrity Instrument. und Ieaschuld puyments�ir grounc! rent,, if uny. &iROwer shull pay
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<br /> � . '�;•�." . these obligations in the manner providcd in purugruph 2,or if nut puid in thut munncr, &►rrowcr,h•rll pay thcm on time directly -.:
<br /> ''�°�:,. ��' to the pcnwn awecl payment. Borrower shall prompUy furnish to[.endcr ull notireti of umountti w he p�iJ uudcr thi�parsigruph. -
<br />-�� •.� �-� � � , ff Borrower makes these payments direcdy, &irrower shull pramptly furnish tii l.cixlrr receipts cvidencing the puyments.
<br /> _::=" ".�� � Bottower shull pmmplly diuhurgc uny lien which hu�priuriry�iver�hi,Security Inurun�ent unle,s Borrower:(u)agree�in
<br /> � �•�`. °-'a : ::' writing to the payment af tlx:abligation uwur�nl by thc li�n in u mannerucrcptuhlc t��IAndcr;(NI r�mtcxt,in�axl fuith the lien -
<br /> �� ��� b or dcfcnds a umst enforccmcnt ot'thc lien in, Ir��l rc�cccJin � which in thr I.enJcr'. �� miun �� r�te to r�vent thc
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<br /> � a �• enforcement of thc lierr, or(c)secures from the hnWer uf the licn un u:rcement,ati,fuctury tu I.rnJcr.uM�rJin•rting the lirn�o
<br /> ':- . this Security Instrumcnt. If Lcndcr Jetenninr��hut any pan of ihc Pri��xrty i� .uhjcrt tu � licn whirh may uttuin prioriry �wcr
<br /> a�,�. . - • this Security Instrumenl. Lendcr muy givr Burr„wrr a nuiicc iJcntitving thc licn. Rnrn,��.�r,h;�ll �:ui,l'y Uu licn ur wke onc or �'
<br /> .r , more of the uctians set forth above within I�J duys�if the givin�ut'nolirc. -
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