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<br /> ... � TO(iE7'HEft W11'H aU Ihe lmpiovemrnta�aw or hereafta erected on tho rty.And all ea�mentr.Appuitenancea,
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<br /> ond fixturea naw oc here�Pter a prre of thc property. All rcplaaments nnd additiona sh�ll�Iso be covered by this S�cudty
<br /> - Inswment. All of the faregoing ie refemed ro In thi�Securfty Imdvment as the"Mropeny.
<br />''� BORROWER COVENAIVTS that Borrower is lawfully seiced of the estato hercby conveyed and has thc�ight w grant
<br /> °" '— wid convey the Praperty wnd that the Property la unrncumbec+ed,except for encumbrancos of record. Brnrower warranu and
<br /> �. will defend generally tho title ta the Prt�perty against all claims and demat�de,subject to any encumbrances of record.
<br /> -a TH1S SECURITY MSTRUMENT combines uNform cavenants for nAtional use and non-uniform coveawnw with
<br /> — limited vwriAdons by judsdictiot�to constitu�e a uniform eecurity instroment coverfng real pooperty.
<br /> - UNIFORM COV�NAIVTS. Horrower aod Lender cavenant und agree as follows:
<br /> l. Paymtat of PrinclpAl u�d Interest=Prep�yment and l,ate Chp�es. Borrower shall pramptly pay when due the
<br /> `--- principai of nn�in[eres[on[he�ebt evidencai by the Nate and any prepsyment and late charges due under the Nwe.
<br /> '�'"�'��� 2. FY�uds tor 7�es aad lagurance. SubJect to applicuble law or tu a wrltten waiver by l.ender,Borrower ehall pay to
<br />- -��� l.ender on the day monthly payments sre duc under the Note,until the Note is paid in full,o sum("Fu�ds")for.(o)yearly
<br /> ' -�'-'�-_� taxes t�nd assessmenta which may attain pdority over thfa Secudry Inswment as a 8en on Ihe Property:(b)yearly leasehold
<br /> -- - __-- paymenta or ground rents on the Property. if any; (c) yearly hazard ar property insurance premiums; (d) yeruly flood
<br /> ""`.�.'�� insurance premiums,if any;(o)yearly moRgage insuranca prcmiums, if any; and(�any sums payable by Borrower to
<br /> ���,,� l.ender.ln accordance with the provieions of puagrnph 8.in lieu of the payment of mortgage insurance premiums. These
<br /> items aro called"Esc�ow Items:' l.ender msy.at any time,edlect and hold Funds in un amount not to exceed the maajmum
<br /> amount a lender for a federally related mortgage loan may requic+e for Borrower7s escrow a�:count under the federal Renl
<br /> -'=''�' Estote Seulement Procedures Act of 1974 as amended frorn tlme to tlme, 12 U.S.C.$2601 el seq.("RESPA").unless another
<br /> � �*x�� law that appiies to the Punds sets s lesser amount. lf so,Lender may�at any time.collect and hold i'unds in an amount not to -
<br /> ;;��+r++.�+r-�-�-- --- esceed the lesscr amount. Lendcr may estimate the amount of F�nds due on the basis of cument data end reasoneble
<br /> '�"`"' esdmates of oa dltunea of futu�Escrow Items or otherwise in accordancc with applicable law.
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<br /> � ..,..:_:,, The Funds shnll be held in an instituuon whose deposits are insured by a federal agency, instrumentaliry, or entity
<br /> _,•��:�r;''�,:'�; ' (including Lender,if Lender is such an insdtudon)or in any Federal Hame Loan Bank. l.ender shall apply the Funds to pay
<br /> the Escrow Itema. Lender mAy not charge Horrower for holding and applying the Funds,unnually analyzing the escrow
<br /> �'�:t•.�;, ^, ''• t account,or veriPying the Escrow Items, unless Lender pays Borrower interest on the Funds and npplicable Inw permits
<br /> �,,!��i;�-�,; '`�- Lender to make such a charge. However,L.ender may requu+e Borrower to pay a one-dmc chnrge for an independent real
<br /> - estete ta�c reporting servi�e used by L.ender in connecaon with this loan,unless applicable law provides otherwlse. Unless an
<br /> =•�•�':��'.:.� '��'�• � agre�ement ia made orapplicable law requires interest to be paid,Lender shull not be mquired to pay Borrower any interest or
<br /> '� �''��`' �� eamings on the Aunds. Bomower and LenAer may ug�ee in writing.however.that interest shull be paid on 1he Funds. Lender
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<br /> — a^�L*��.�'•• �'•. : shall ive to Borrower.without char e,an annual accountin of the FLndx,showin credits and debils to the Funds and the
<br /> =�Q y_'_�''"'-'�"=--°� purpose for which each debit to Ihe PUnds was made. 71ie F�L�ds are pledged As additionul secudty f�r all suma secu�ed by
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<br /> -=: �;T� this Secu� Inswment.
<br /> �`'�� �� If the Funda held by l.endnr eaceed ihe amounts permined to be held by applicable taw, l.ender shall account to
<br /> •:��,��•� � � Borrower for the excess Funds in accordunce wlth the requirements of applicable law. If the amount of the FLnds held by
<br /> = ����.
<br /> Lender at any time is not suflicient to pay the Escrow Items when due,[.ender may so notify Borrower in wdting,and. in
<br /> — '�" � auch case Horcower shall pay to Lender the amount �ecessary to make up the defic�ency. Borrower shall make up the
<br />-_: ' deficiency in no mare than twelve monthly payments,at Lendar's sole discretia�.
<br /> _�; -3�.�,;,;;� , ' Upon payment in full of all sums secured by this Securiry Inswment,Lender shall prompdy refund to Borrower uny
<br /> .�.r�-.nw" Funds held by Lender. If.under paregraph 21,Lender shall acquire or sell the Property,Lender,prior to the acquisition or
<br /> _ , . -... ' sale of Ihe Property,shall apply eny hLnds held by l.ender at the time of acquisition or sate as a credit egainst the sums
<br /> .w, < �;y, secured by this Secudty[nstrument.
<br /> 3. Applicption ot P�yments. Unless applicable luw provides otherwise. all payments received by I.ender under
<br />'-� '°•w•�-••.' sr,%�:Le� pue�qraphs 1 end 2 shall be applied: first,to any prepayment cher�ees due under the Note:second,to amounts payable under
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<br /> � ''Q"`'�':"•. :�;:'s,±`':� paragraph 2;third,to interest due;fourth,to principal due: nnd las4 to any late churges due under the Note.
<br /> "�"i''�'� 4. Charges; Liens. Borrower shall pay all taxes,assessments. churges, fines and impositions attribuwble to the
<br /> 'a�'-�'':• Property which muy atu+in prbriry over this Securlry Instrument,and leasehold paymeMs or ground rents,if any. Borrower
<br /> '� ^� ' shall pay these obligations in the manner provided in paragraph 2,or if not paid in that manner,Borrower shall pay them on
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<br /> , " time directly to the person owed payment. Bortowcr shall promptly fumish to Lender oll notices of s�mounts to be paid under
<br /> a • �'7�- •� " this pategraph. If Borrower makes these payments directly, Barrower shull promptly fumish to Lender receipts evidencing
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<br /> _, �� , ,, . the payments.
<br /> Borrower shall promptly discharge nny lien which has priority over this Security Instrument unless Horrower:(a)agrees
<br /> �� „ in writing to the payment of the obligation secured by the lien in a manner ucceptuble to Lender;(b)contests in gaod fAith the
<br /> -.;;`�'�"• � ° lien by.or defends agajnst eniorcement of Ihe lien in, legal proceedings which in the Lender�opinion opemte to prevent the
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<br /> ,.._. w:,,,�.,_ �, enforcement of the lien;or(c)secures from the holder of the lien un ugreement sutisfnctory to Lender subordinating the lien
<br /> '•'�� to�his Secudry Instrument. If Lender determines that nny psut of�he Property is subject to a lien which may attuin prlority
<br /> —�.�.�,p�,•_ , over this Security Instrument,Lender may give Borrower a noticc identifying the lien. Borrower shall satisfy the lien or take
<br /> i�,��'� one or more of the ac�ions set fonh above within 10 days of the giving of notice.
<br /> � • ' • 5. Hazard or Property Insurance. Bormwer shnll kecp thc improvements now existing or hereufter crected on the
<br /> � T''�," Property insured ugs►inst loss by flre,huxnrds included within�he�erm"extended coverAge"and uny od�er hazurds,including
<br /> � • tloods or flaoding, for which Lender requires fnsurance. 'f'his insuronce shall be maintaincd in the amounts and for the
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