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<br /> ., , ' �. �� oa dce ropetty, and all�is.aPP��O�•� • � • �
<br /> -� � TOGETHER WffH all ihe imPmvemeats now or haeafter�tecced P � SecuritY ` .
<br /> ------- _ i �� aow or hereafter a part of the propectY. A13 teplacemeuts and addidons shall also be covered UY - -_-_�__>_ _
<br /> • , � �' �as�ment.Atl of the faregoing is referred to ia this Seauity Insuament as the�ProP�Y•° _ _ _ , .
<br /> seis�d of the estace heieby oonveyed aad has the right to grant and
<br /> , � BORROWER COVENANTS thai Bormwer is lawfiilly for eacnmbrances of recoid. Boirower warrants aad will� . . . .
<br /> coavey the PcopertY and that the P�openY is unenwmbered.euePt ��of reoorQ.
<br /> ' i defend genetally the dde to t�e Property agains�aU ciaims and detuands.subject to any eacumb ^
<br /> - . i lldSTRUMENT combines uniform coveaaats for national use and noa-uniform oovenams wieh limited�' .. .`
<br /> , � .� , 't'HIS SECURTfY ���t covering real PI°PertY• . �
<br /> � � � ' wasi�ions by jurisdicdoa to constitute a unifam�securitY �follaws: �v ..`� :�`�
<br /> . l [3MFORM COVENANTS.Borrawer aad Lender COent amd t Cbarges. Bosower shaU PmmPt1Y Pa3+ �due the� �,
<br /> ` ::'-_,.t.� ' ` 1. P�aymeat oY Pcladpal asd Iaterest: �'eP 3rm - - :._�
<br /> : i tbe Note and anY P�PaY��late ct�ar8es due aader the Nate. �
<br /> � . - _ --.:i principal of aad interest on the d�t eviden�ed bY kcable law or to a wriuen vra'sver by I.eader,Bamnwer shall paY tc�+�9 -
<br /> � � Z.Fands[or Taxes and Insurance.SubJ��° �PP ° for. a ear .. :
<br />:` � e da mvnthiY PaY��aze due uader the Note.uatil the Kote is paid ia fi�tl,a sum t')�y teasehold paymeats� � .
<br /> �� Lender on th Y t as a lien on the PmpercY,N Y ,.:``• �:
<br /> and assessments which may attain Priority over this Security�premiums:(�Y�1Y ftood insurance p�emi�. � +
<br /> ' or ground rents on the PcopertY,if any;(c)Year tY h�d°r pTOP�Y � Bormwer w I.eader,in a�°e _ .. ``:,•.'
<br /> ,if an ;aad(�any sums Payab bY w i t h
<br /> � ,;•`. if a�►;(e)Y�1Y mortgaSe insurance PT�� t of mortgage in�u�Pre�°�''�se items are called°Fsctow Items.' � ' ..
<br /> ,: . � . the provisions of paragraph 8,in lieu of the paymea ��t a teader for a federallY
<br /> '� ' time,collect and hold Funds in an amonnt not to exceed the ma�mum ��Ac�of ,
<br /> . , Leuder maY, at any for Borrower's escmw accou�under the federal Real Fstate Sealement ,
<br /> : " nelated mortgage loan may re�ir� •RESPA' untess another laa+that applies to the F�mds �,'`�:.�
<br /> . 19T4 as ameuded from rime to time. 12 U.S.G Section 2601 et seq.( ), =;,: Y,�_
<br />" � at any time,collect and hold B�mds in aa ammmt not w eacceed the lesser amouat• . ' :<._�=i-
<br /> ' sets a tesser atnount. If so, l.ender maY, . --
<br />�.Y ��¢r may espmate the amoum of Funds due on the basis of curreltt data aad reaso a a b le e s t i m az e s of e x Pendi�s of fus�ue ' r�_:-
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<br /> � �' g5crow Items or othernrise in accordance wi�aPPli�le law. .. ___
<br /> , or e�ity
<br /> .. , . .`� The Funds shall be held in an instimtion whose�P F e d e r a l H o�me I�.oan Bank. Lender shallt aPP�Funds w paY the � =-_
<br /> - . ('mciuding i.ender,if Lender is sucb an insdtution)or i a a ny the Fuads,anuually analyting the escmw accaunt,or :,:::, —�
<br /> - , ` - Eacrow Items.L.ender maY not charge Botmwer for holding and aPP�� , j° �
<br /> • �..��' �¢ri{y�g the Fscrow Iteu�s.unless Lender pays Borrower interest on the Fun��and��P�ent real estatc��►�� '; •: �:_
<br /> - a charge.However,Lender maY reciuire Bon°wer to pay a one-nme char8 gg made or . �1r P
<br /> � � used by lender in connectioa with this loan. unless applicable law provides otherwise. Unle.as � ag�� . � ,-T;,,-
<br /> � to Bonower any intcrest or eamings oa the Funda. , :_ - _
<br /> - � ' .. - aPPlicable law requires interest to be paid,Lender shall aot be requued PaY e to Borrower. _. � `.-
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