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<br /> + 7�OOE'l'�Ifilt WI77� all thc improvcm�nts aow or hrrcai'ter eroctcd on Ihc pmperty.antf all cascsncnts,aFpw'tc�nccs,and =
<br /> I fixttu�es now on c�reaflcr a patt of Ibe ptopetty.All r�4�c;cmc�ts�ad�Iditions shall aLso bo wvccod by thi�Security Insuunua�
<br /> Ai1 of'ttw fa�egang i�eei'�rad ta i�i thi�5c�.u�ity i�►w-u+-rc�-�t�s the"PrBpe.-ty"
<br /> � BURROW6R COVENAM'S tl�t Bonowa i5 ywfuUy sCised of the ccqte hereby oonveyed and has Ihe r�ght W grant and
<br /> convey the Property aad tt�st the Pro}�Crty is unencumberod, eucq�t foc encumbrancrs of record. Bocruwei warra�us aad wi11
<br /> � det'znd geaerally the titfe W the Propa�ty�gainst aU claims aod demu►ds.subjoct to any e�cumbr�r►ces of rocord. _
<br /> THIS SF.C[JR1TY WSTRUII�MT combines uniFarm covenants for natlor�al use aad uai-uniform coverwnts with limited -
<br /> variuions by juricdiction to ca�stiuue a unifocro seeurity insuwsu,nt covering real p�aty. -
<br /> UN�ORM C.`OVfiNANTC.F2ortowet aad Ler�der covat�at aad qgroe as folbws:
<br /> i.�.y�e or�ioc;�aoa in�e:��y■�nt�a��ee�a. s«rowu �u aomn�r wy wneA a�o ae
<br /> .+ princi�al of suod lntaest oa the debt evick�:od by tt�e Note aad anY Pi'�aYme�t�d late clwrges due under the Note.
<br />� 2.Flisd�tor Taza sad Iosaraoea Subject w�pplicabk law ar to a writtea wsuver by Lenckr. Bamower sbaU pay c� ..
<br /> . L.endrr aa the daY��Y PaY�are duo uctider the rlote.uatil the Note is p�id in fu11,a sum("Flujds")for:(a)ywrly tues
<br /> .�, ao�d assesuneats wdlch may auain piority over this Socurity Insuucaeat as a liw oa tbe Property:(b)YeartY{eas�'ho3d PaYmeatS _
<br />�� or grouad tr,At4 on the Propaty.if aay:(c)Y�1Y��«P��Y�P�:(d)Yearly tZood iacurana prtmiums,if =
<br /> �Y�(�)Y�ly rtwctgage ins�u�nce p�emiums.if stay:aad(�aaY�P�►Y�ble by Botrowu to l.eodei,in acoordanoe with the =
<br /> provisiona of pars�rap� S. ia liw af the payment of aoo�tgatge insaranca ptemiums.7lsese iteaas are callal "Esct+ow Ittms." --
<br /> l.ec�der may.at�ny ame.wllect aad lwkl Ft�ads in aa amouat not w exooed tGe muimum amount a icnder fa a foda�tIy zelated =
<br /> mortga�ge foao may require fa Barower's escrow axoont under�he fodersl Real£sstato Seulement Prooedu�es Act a�IS74 as =
<br /> Ameoded Crom time w time,l2 U.S.C.Soctio�n 2601 u uq. ("RESPA"),uakts 9notber law that a�lies ta the Fwids sets a iesser =
<br /> acaouat.If so,I.etxki may�as auy time, colloct aad do3d�•lu�ds in aa amatnt not W wcceed tbe ksset aa�ount. L�tt�x tnay -
<br /> estim�e�he�noiu�t of Fuads due oa the ba�i4 of cursent dWS►�ud rea9onabb estimates of eapendiWrts of future Escrow Items or -
<br /> ot�awise in sxard�with apQticabb hw. _
<br /> 'Ih�Funds shaU be he{d ia an iostipitioa wbase deposiu are ias�red by a fakral agency.inconur�taliiy.or eatity(iacI�diaB -
<br /> Lenda,iE Lwda is sucn aa iastididon)ar in aay Feder�l Frome Loan aahk. l.ead�st�au sppty the F�ndc co poy the Esc�ow =
<br />-'� Items.I,eoder may not cbarge Bormwer for holding�nd appiying the F�nds�onnuaUy anaIyzing tltie escmw a000�n�ar veritying -
<br /> tbe Esexuw Itans.unkss I.eader pays Sormwu inferest oa tha Fund9 and applicabio law pamits Lender W malce sucb a ct�rge.
<br /> . - HoMeva� I�eoder may requlre Barower to pay�ouatime char�e far an iadepa�deat real ost�te tax repor�ag savia used by
<br /> :� L.esde�ie comxtioa a�it6 tbis iwu,ualess applicabb 1aw paovides othawlse. Unkss�a�groeaxut is m�k or�pplicaNc law
<br /> roquires ia�ae co ee paia,Leaaa saau noc be requirea a pay satrower aay iatar�or e�niags oc a�e�s.sc�er m�a
<br /> _ , I.eader�y�yroe io wTitiug,iwwe�Yr,that iatarst s�il be paid oa tbe Funds.L,end�a s6a11 givo w Barower.without chacge.ao
<br /> _ i aaaud�a�ouotin�of tDe BundII.sbowing credits aad tlebils w tLe Fuads and tbe putpoae far which acb debit w the Fuods was
<br />_� made.7fie Fuads are pbd,ged as a�3ditiooal soc�r;ty fa all sums secured by tLis Security Instrumeat
<br /> f If t�e F�acts held by l.eacler exoeed tbe�caauus pamittod to be beW by�ppl�bb law,I�eader adll accamt oo Barower fa
<br /> =} the t�[oess Fuadt ia�cooM�oce wit�We roquireme�ts of applicabi�e law.If tbe asaoaat of ti�e Fwids beld by I.ender at�oy time is
<br /> � not sufi"�cia�t p p�y tbe Esaow Tums wben d�e,I�ender may so aatify Bormaa in wrid�ag.and.iu snch c�e Bortowa sbaU P�Y
<br />_�� t�I�axler the aasonnt neass�ry► to make ap the dc6caeacy. Barower shall make t�p the deficia�cy in no mae tl�n twetve
<br />-" ��Y P�Y��.�I.asda's sole discredon.
<br /> _� UPm PaYmwt in full of all sums sxured by tbic Sectuity Iasuumeat.I,enda sbaU P�P�Y refuad oQ Sarowa uty Ftu�ds -
<br />=� held by lr�der.If.uotks poragraph 21,I.etidu shall scqtric+e ar sell tLe Property.I.eadec,Prior to the acqu:�•;�,�,oc szte of tLe
<br /> —= PraQerty,shall s�pply aoy Fuods held by L,enckr at�Le time of aoqui4itioa a s�ie ac a credit aigainst the sums secwad iry this -
<br />�r �Y lastrua�su.
<br /> - 3.�►PPicatioi d Pa�sats. Unkss appL'cable law provides othawiso,sll paytnaus rxdved by I.esder uttider p�gtaphs
<br /> 1 aad 2 a1�aU be applced fi�,t�aaY P�WY��Ses dt�e uader the Note;aecand,to a�ma�ots payabie uad�r par�pb 2;
<br /> thad,in iatrse�t due;fauth,to priacip�al due:aad last.W aoy lau c�sges due uader the Noie.
<br /> 4.C�a;L.ie�. BotrowtJ sbsL'pay all ta�ces.a�.cLarBes,faes aod i�npositioas a�irutatiie W tbe Pmpetty
<br /> iV}11C11 t�)►9tl1111 pf10[IL)►OVtl tI11S SCC1Ytly Tncen��t apd iei9ehoW P�YmeoCt or glouo�d rWtt.if Ny.Boaower Shall pay tLeu
<br />� 0�1�9LOfLS lA 1bC ID�OLQ p[OVi�!0�9f�$C�I 1,Of If AOl�10 1�li[�110Ct.BOf1iOWC!S�1 Qiy i2i�i OC d11iC�j/W 1�C
<br />— pCi101f OIV'i��ysLCOL BOfI�OWCi S}�1 pI'ORS�Y fN[SLSb 1�I.GL�l1 iU OOfiCYS Of i010UOtS W t1C plid llpd!! f�11S pYt�.�
<br /> — BO[fUWr[ID�9[�1G9C PaY�Wt4�II�L�Y�BOROWCr SI1��pl0m�y f1I�OlSL�O Llii�l 1'aCElpLS EVi�C111g t21C PaY�l�S,
<br />� BaT��P'�P�Y�8e aay liai wl�ich das priaity over tl�is Sec�rity IntWmmt uoless Barcowa:(a)a�cas ia
<br /> � writiag W ti�e paymeat of the obligati�oa secured by tliee liw in a m�ana acxeptable to I.ender;(b)000tests in good fait�t�e lia�
<br />� by.ar defeads against eafairoement of tLe lita im. legal proceedings which io the l�eada•'s oPlnioa a�xsate to pceveat t!�
<br /> � eaf�t of tbe 1iea:.or(c)secures fmm the hn��of the liea an�gtr�mwt sat�ctory to I.eadet subotdim�ting dse tim to
<br /> � this Securiry Iastrumeat.If I,ea�i detamines tbat a�y p�t of tI�e ProQaty is tubjxt W a liw whicb may�ptioriry�ar this
<br /> .� �y r..�r.,,��I.eader may �ive Barowes a aaice idea�fyio�the lim Barowa shall satisfy the lien ae t�ke aae oc mora
<br /> cf die actioas set fath above within!0 diys of tLe giving of notice.
<br /> �. Forw�7�?i DliO
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