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<br /> 'I'�G�'I'I�R Wfl�i all ttce improvemcats nnw ar haeafcer er�ted on the pragerry,aad atl easements.aPPursenances.and ti . . ..
<br /> fixnues anw or hea�eafter a part of the property.All replzcements and addi�ons s�aU also be oovered by this Secarity Iessuumea� ' . ` •� . �_
<br /> A!1 of tAe fo�egoing is refe�w in tttis S�rit�Instrument as thc"Froperty" c=s �. ,.;,;:
<br /> BORRUWER COVENANTS thas Borrower is lawfully seised af the es�hereby wnveyed an�has the right to grant and �, _;_,
<br /> : convey the Property and th�t the Propeaty is uneacumbered,eacoePt for ertcum�mnxs of reoord Boaower warmnts and will : �'_"- F; . �•-��
<br /> defend gea►erally the atle w the Psnperty against all claims and demands,sub}ect tn su�y encumbrances ef cccQrd. �' � .-
<br /> i �•.
<br /> TtIIS SECURTTY IIVSTRUI�NT combir_es uniform cevenants for aauonal use aad non-uniform coveaants with timited �
<br /> - variatioas by jurisdicdon w cansti�te a uniform securisy insuument coveaeng real property. j � ,�. `' -,-
<br />- IJlv'�ORM COVENANTS.Borrower and I.cnde.r wveaant aad agiee as Eollows: t �- ---:`j-�., F-�-
<br /> � !.Payment of Pri�dpal nnd In4erest:Prepayment aad Late C6arges. Borrower sh�ll pramF�Y PaY when dus �e ;, , • ';^:t�.:
<br /> � principal of and intraest on the debt evidenced by ths Note and anY P�PaYme�t and late chaeges due undc�the Note. � . - �,.
<br /> Z.Fundn fer Tas�a 8ad Hr�suranc�. Subject w applicable law ar to a written waiver by Lender.Bonower shnll gay tn .. ''��"
<br /> � ..�:°':: :�v��
<br /> Lender on the day montAly payments are due under ttic Note,until the Note is paid in full,a sum("�nnds")for.(a)Yearty'mtes i �..,=�a�:--,--�
<br /> � and assessments wt+irb may attam priority oves thi4 Sec+uitY Insorument as e fien on the ProgercS+:(b)Year1Y l�sehOld payment� ; . � '"_+p�y:-.-�'�*�-°
<br /> • or gmund rents on tde Pmperty,if any:(c)Ye�lY h�rd or PI'oi�Y insuiauce pmani�(�Yearty�laod insivance prerniusns.if ; _.'�':����-�._u
<br /> ..�:�:�_,.-
<br /> an9;(e)Ye�tY mflr�ge msuranse premium.s,if any,and(�anY�PaYable by Bormwer w Lender.in accoidance with the ` .; �;��-.. _
<br /> � _�..,,-,______._---
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<br /> provisions of patag�apb 8.in li� af the paymeat of mortgage ins�uaace pm,miums.Tliess ite�ns are calted "Esaow Items. i ; ., .,..,.
<br /> . Leudea way.at any�ne,coL°ect and hold Fuads in an amaunt noi w eaceed the maximum amount a tender far a fedecally reiated •` � `��. •��`
<br /> mongage Znen may require for Bormwer's escmw accormt�the fedrsal Real�state Seulement Ftaoedures Act of 1974 as t' --=-� - - --
<br /> amended&om time to wne.l2 U.S.C.Secuon 2601 et scq. ("RESPA'�,�mless another islw that applies w the Fands s�ts a tessear 4� ° ...
<br /> . amount Ef so,I.er�dcx may, at any tiaas.ooll�t and 6otd Funds ia an amowit noi ta exce�i the lesser amount I,extdez way► '-- - --- -=--
<br /> '���.�-,._�.�.��,
<br />, . estimac�cCce amount of Funds dne on dse basis af ar�ent data aad�easonabte�af�as�ndiwr�s of funue Fse:ow IDems cr � ��->:
<br /> othecw��in aceatdance wiih appficabte 1aw. �,�'��"�-"''"'
<br /> �
<br /> F ds shall be held'm an insdmrian whas�dr�oss��sared 0Y a�1 age,ncY.instru[�tality►,or eutity CmcIIuding �_..:-�,:.._" _�.-_
<br /> • 1lte im � �
<br /> ..; I.e�der,if I.end�is sach an insumrion)or m a��r-�eaai I�a�e Laan�auL-.Leaidea shall apply the Fimds to pay the Evzaw _
<br /> �. Itr.�s.�dca may not cbarge Baaowes for ho�and apply�the Fm�ds,annuallY�Y�B�e�R'����verifying t _
<br /> `• the E�aw Items,an2ess Lercdar p�s L�QUOwea mtrlest on the Fnnds and applicable!aw peimits I�der to malce suci�a cbarge. r � � --
<br /> t est p mits [. _. •
<br /> Hawex�,Lender mny reqaue Bocsm:,rer to g�y a ono-tiiue charge for an indepeudeat ceal estats tau m�oatinB seivice used by � .�*`� ; '�4��
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<br /> i I.ender in conneaion with this leaa,«�1ess�li�ble taw provides othecwise.Unless an�c�mea►t is made oT applic�hte law ��
<br /> j mquires intea�st tn be paid.L�eadez�a1 nat Ts�m..�uirecl to pay Bormwer any iatrsest or eart�ings on the Fimds.Botrower aad �:.�
<br /> ; •�, ,„-'
<br /> L�dsr�ay ag�ee in writing.howe4-��at��est shall be paid on the Fu�s.I.ender shall pve W Brnmw�,without charge,an , � ' _
<br /> annr,�L a�ouating of the Funds.��i�„cn�itg and debiss w the Funds and the purpnse tnr v�hich each debit to the Fonds was _ :j-';:��. �•'-
<br /> �-.•.
<br /> m�2»Tl�t:Ful�ds 8te pledged SS��£et�[iy foT ell sum4 SeCUCed by ihis Sequity Tn�mmrs��, ..;��• :.�'.;
<br /> If the Funds heid iry Lender er.a��.amauu�p�amitted to be held by applicsble 1aw,Les�det shaII axaunt ro Bonawer fos '3 -s�-.:_.
<br /> the excess F�mds in ax�rdance witd the ra�u�r..rrss of agplicab2e iaw.If dte amount of the Fumds hsld hSt I.ender at any time is ' � �'
<br /> '�i�'i:c
<br /> not s�ccieat ta pay d;�c Escxow It�s w�ett dtu�.Ir�der may so nolify Bo��+�r m wriung,and,in sndt s�Bmrower shall pay :r.:.
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<br /> �- w Lender the amnnni necess�y tp m2ke up tt�: deficiency. Bmrovra shail make ap�he defiden�y in no more lban twetve �
<br /> ��Y DaY��is,ai Lcader's sate discretiion. �a�. __`-
<br /> Upan pay�ent m full of atl sums sec�aed bj�is Seauity Instrument,Lender Ehall pmmptIy refund w Bomuwes an}r Fimds �
<br /> heW by I.�dar.�i�r paragraph 21,Leader s'r.all acquue or sell ttce Prop�stY.L.endea,Psior w the acquisition or s a le o f t he ��
<br /> '_.�._=
<br /> �P�Y•shall appiy aay F�ds held by Lender ai the ti�ae of acquisition ar sate as a credit against the sums sec�ed by this , ..,� _ .
<br /> Sec,�ity lnstrument :��'.�itc ;,- ��--
<br /> 3./l.�t�lkstbn o!PAyments. L:at�csv applicab2e law pm-.�es othera�se.all paymenm received by Leader onder�hs r'= -_�-,�•. � _
<br /> 1�d�stall be apptied:fust.w anY P�Y�eat charges dae under the Note:second,w amountc payable under p�ph 2: . -
<br /> ' �.,.�--
<br /> tt�d,w mtrrest due:Po�uth.to principal due;aud t�,i,w any latc charges due ander the Note. •a�"`--
<br /> 4.C�arg�:Lta�. Borrawea shall pay a[caxes,ass�nts.ct�arges.�es and imposi6ons af�fttu�:ole rn the Propaty � ��"�'—"-'-_--
<br /> which may auain priority over tbis Se�auity Instriunent,and leasehold payments o�gmund reats.if any.Bamnwer sball pay these . ,_;:
<br /> oblig�tions in the mannea pravided in paTag�aph 2,or if not paid in that mannea,Horrowc��all pay them on 6me dsectly tn the --_�+'
<br /> person owed paymeat Bosower sLall PmmptlY furaish to l,ender all unKOes at sruovm�ao be pald nnder this parag�aph.If --"�""T--. _`
<br /> 'oe m �� �-
<br /> Bamuwer maices thesa paytn�ts dIIectly,Boirower sLall pzomptly f�anish to I.c�ri.r�t�evidencmg the payments. - ���?:
<br /> Bomawer sbal!prompdy dischasge any lien which has priority over thi��.�tY 1n4.�xument uni�ss�ortower:(a)agtees in _ -.� -„+ �-
<br /> wridng w the payment of the obGgaon secureA by the lien in a mannea acceptabte w I.�fa:(b)contests in goad faith the lien �' '• ,r."_ �_'
<br /> ���•.
<br /> • by, or defeads against enfone�s�ut of the lien in,legal pmceedinga wh9ch ln the lxarir�'s opiu►ioa opaate to preveni the ,_;`_�. �. _
<br /> enfaioc��;,nt of the lien;or(c)secures fmm the holder of the tien an agreemcnt sari�actary w Lender snbordmadng the lien tn �""`'�`'�"
<br /> . :x.etra�k.t.....;.
<br /> this Soauiry Inswment If Lea�dQa detcnnines d�zs any part of the Anperty is subject w a lien which may sualn priority over this . . , ��,,�:�.,
<br /> Sea�iry Insuument,Leade�may give BonoR�a c�otice idenrifying the lir,�Borrowea shall satisfy the lien or take one or more = • ' � .
<br /> of the actions sei forth above within 10 days of i::e giving of notice. �'' �;�r -*�'`+��'_
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