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<br />``�` TOGE'II�R WITH all t�e improvements now or hereafter e�ted on the property,aad all�mcnts.appurtcr�ancc.4.�nd . ' , _.
<br /> fnctures aow oz heaeaft�r a part of the property.All replaceaneats and additions shap also be wvcrcd by this Security tnstrumcat. ? ' ` "
<br />;,, All of the foregoing is refeaed to m ihis Security Inssmmeait as the"Propeitgr.• . . , �
<br />:u� BOitROWER COVENANTS that Boirower is lawfully seised of the crstatc hereby conveyed and ha�the right to grant and � . - ` -.
<br />___ convey the Pcoperty and that the Property is anencumbered, eaccept for encumbrances of record. Borrower warranis and w�tl ' .°� �
<br />'? defend geneaaIIy the 6tle w the Property against all claims and demands,sub}ect to any encumbrances of record. ' . � " �
<br /> TFIIS SECURIIY INSTRU141EN'f combincs uniform covsnants for national u�and non-uniform covc.nants ti�i1h limited • . -- -
<br />'-� vaziaiions by jurisdiction to constirute a unifarm s�curity instrumea�t covering real property. r. . ..�
<br />~?� UNFFORM COVEATAIV'I'S.Borrow�and I.ender covenant and agree as follows:
<br /> z� 1.Paymeut of Pr�arip�l and Inie�est;Prepsyment und Late C6arges. Borrower shall prompUy pay when duc the ' ' �-~�..�,`�,
<br /> . .. ��.��'
<br /> Y y prepayment and late charges due under the No,e '�`�'
<br />�� princiQal of and int�est on the debt evidenoed b the Note and an r , , , • . _
<br />:;� 2.P�ds for Taxes a�d Ias•.�rsnce. Snbject ro�ficab3e law or tn a writtcr► waiver by I.ender. Borrowet shall pay W -.�°�� � --
<br /> _- Lertdea on the da monthl p y .. ���-�" '
<br />_" y y payments are due undea the Note,until�e Note is aid in full,a sum("Funds")for.(a)ycari tazes . .�i,
<br />:�s' and asse�nents which may auain priority ovea this Security Instruraeat as a lien on the Property;(b)yearly Ic�sehotd payments '�'
<br />°= or grouad reuts on We Property,if any;(c)Yeariy ha7ard or property insurai►ce premiums;{d)yearly tload insurance premiums.if ' . '' � : ' -
<br /> - . ...._
<br />�;� aaY:ie)Yearly mcutgage msurance premiwns,if any;a��(�any sums payable by Borrower oo Lendea.in accordance with the ; ": ' .-��_
<br /> .t Provisions of paragraph 8,m lieu of the payment of cr�tgage ina�.��ce premiums.These items are caited "Fsccow items." t . •`-� :. ;5+�,
<br /> _ . I.e u d e a m a y.a t a n y ri m e,c o ll e c t a n d h o l d F u n d s i n a n a m o u n t n o t t o e a c e e d t he maxim�un arnount a len der for a f e d e=a lly relarcd "" "
<br />�� moitgage Ioau may require for Bonower's esexow axount under the federal Real Esrate Seetiement Pracedures Act of 1974 ac `.�'-.�
<br /> ..�.;. �.•.
<br />_:�. amended from ame tn mae,l�U.S.C.Section 2601 et seq. (°RFSPA"),�nless another law that applies to the Funds sets a lesser � �-
<br /> � amount ff so, I.ender may.at any dme.calle�t and hold Funds in an amount not w exceed the lesser amouni Lender may � '• ���--�._-.
<br />,; esr8aate the arnount of Funds�e on the basis of cum,�t data and reasonable es6mates of eapendiwres of fuaue Escrow Items or • �.,.` �- - =�°�-
<br /> _ ath�rwise in zr.�rdance wi�agplicable law. j` . • �iia�"
<br /> ='� The Fimds sT�:l be held in an mstiwaon whose dep�sits are insured by a federal agency,instrumentality or endty(including �: ,• ' ��'
<br />��;� ' Leuder.if Lendar is sach an icutimtion)or in any Fedeaal Home Loaa Bank.i.endei shall apply the Funds to pay the Fscrow � ,• �
<br /> - It�euis.Lerid�ma not g ePP Y�� Y Y�►8 the escrow accatmt,or verifying .. •'�.�� � <
<br />:,i. Le y chazge Bormwer for holdin and 1 ' the Funds.ananall anal � . :,' ; ..� .
<br /> �• iha Fscrow Items.imless I.endea pays Bomower inter�a on the Funds and appticable law pemiits Lenda w make svch a charge. •
<br />`:; Howevea.Len��may s+equIIe Borrower w pay a or.�time chuge for an independem real estaLe tax reporung service nsed hy .. � `�, ,
<br /> ,: Lettder m ca:�2cxixsa with this loan,un2ess applicable law provides o�herwise.Unless an ag�eement is made or appHcable law '` . .� f ' '
<br />;; ' roq�es znr�sn be paid,Lender shall not be -,�y4 + �` . :; ' ��•
<br /> required to pay Bonawer any interest or eamings v�a the Funds.Barrower and ..�;,�.
<br /> ri Len�er cnay agree in writing,however,that int�est shall be paid on the Funds.Lender shall give tfl B�arowea,without cdarge.an ;�,� ,•,•;�" •+� •. _
<br /> annaa!zocounta�g of the Funds,sl�owing credits and debits w the Funds and the purpose for which ezch debie to thz Funds was � .�m�
<br /> JI mad�.The Funds are pledged as addidonal seturiry for all sums sQCUred by this Security Instrument ° `�'' '�'�
<br /> '` Yf the Funds held hy Lender exeeed the amounts peamitted to be held by appticable 1aw,L.ender�all 2ccaunc co Bonowea for �'.•'"" � � i �=
<br /> ed
<br />��� the eaccess Funds in accordance with the requirements af applirable 1aw.If the amouat of the Furcds h�[[d by Lendgr at any dme is � . . �
<br />� d - " ,.
<br /> � not sv�cient to pay the Fscrow Items when due.Lender may so aotify Borrower in wridng,and��snch cass�uaawer shall pay .'���r*�:, ��
<br /> ��_�.-
<br />:� W I�der the amo�mt aecessary to make up ihe deficiency. Bonower shall make up the deficiency in no marz tdan tcvelve � •• r•9'"�
<br /> �'`�:-:,
<br />;i ,. mO�Y Paymeats,at Lended's soIe discm,tion. •- �� _
<br />•� . Upon psy��in full of all siuns seGUed by this S�urity Inswmeait,Lendea shaIl prompdy refund w Boaawer any Funds �. �
<br />`; �.• � heW by Le��r.ri,f.und�paragraph 21,Lea�dea shall acquire or sell the Froperty,Lender,prior w the acquisidon or sale of the � . ,� �
<br /> Property.s�.0�1y any Fnnds held by I.end�at the tirae of acquisirion or sale as a credit against the swns seGUed by this ' '"�.�"� "� --
<br />'� , Secsuitgr Ins.ramene .
<br />'� �• . 3.App�atLan otPnymeats. Unless applicab2e law provides oiheiwise,aU payments received by Lender under pa:agrapt� - -=
<br /> 1 aad 2�:3i�applir,d: Fu;t,to any prepayment charges due nndea the Note:second,tn amounts payable under paragrapb 2; ��-�: ;t:' '-`-:'
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<br /> d�ird.w in;��st 6n.,.fourth,to priucipal dne:and last.w any fatc charges due under the Note. �-�'•^� �-r -
<br /> •.�a.,..,..�., -
<br />� �` � 4.Cdsv�r��.dens. Bonawer shall pay all taxes.assessments. charges,fines and impositions attributab2e to the Propeny . . ..�:��:.---- - - _
<br /> • which may au�a,�riority over this Secnrity Instrument,and leasehold payments or ground rents.if any.Boaower shall pay thes� .. ~��._ *i`•, � —
<br /> 1 . �,:�� .. -.
<br /> obligaflons in the mannea pmvided in paragraph 2,or if not paid in that manner,Borrower shall pay them on time dimctty W the ..,�"'.�'"'.'''�
<br /> prorsan owed pa�eni.Bormwc�shall prompdy fianish m Lender all norices of amounts w be paid under this paragraph. If ::-�---. �'L�'"�'�
<br /> Borrower makes t��sZ payments dlrecdy,B�aowes shall pmmpily f�cmish w Lender receipis evidencing the paymeats. �'
<br />� Bormwer si�r�ll�romp8y discharge any tien which has priority over this Securiry Instrument unless Bmrower.(a)agree.s in ;��; :..'b,..'`
<br />, wsi�g m We pay�ani of tne obligadon secured by the lie�in a manner aoceptable w Lender.(b)contests in good faitb the lien � �
<br />� by, or defe�ds a�t en,�°ar,c,..-•neni of the tien in, legal proceedings which in the Lender's opinion opeaate tn prevent the J ,,:��: - • � _„-
<br />� enforsement af We tien;or(c)secures from the holde�of the lien an ag�eernent saUSfacwry to L,ra�der subordinating the lien ta + �t��
<br /> this Secwity InstYUment If Lender determines that any part of the Property is subject w a lien which may attain priority over this .
<br /> i Secusiry lnswrpeait.Lender m2y give Borrower a nodce identifying the lien.Bonower shall satisfy the lien or take ane ar more , � �
<br /> of the�ctions set forth above critfiin 10 days of the giving of notice.
<br />� . —
<br />� Form 5028 �/�0 . �
<br /> j �-6N(NE)ts2�2�.0� Pag�2o18 imfair. . �
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