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� .�;«.t, � :,.�r .ri.. . . . • "r-� � . . ' • - ) � {�.�'.•�.7 � �. � � v J 98".1�1�1�a70 � TOC�FTHF.R �V1TH all thc imprc>vcment�s now on c�rc:uftcr crc;ctul on thc property,und ull car•cmcnts,uppurtcnunccs,und . fixtures now on c�rcuftcr u purt of Ihc property.All rcplaccmcnts und uddiuons shull ulso bc cavcrcd by this Sccurity Instrumcnt. � '°- All uf thc forcgoing is rcfcrced ta in this Sccurity Insuumcnt as thc"Property." �;v=�� BORROWER CUVENANTS thut Bonawcr is lawCully sciscd of Ihc cstatc hcrcby convcycci und h�s thc right to grunt und - convcy thc Propeny und thut thc Property is unencumbcred, cxccpt for cncumbrnnces of record. Bonowcr wsvrants and will ' - defend genernlly the uUe to the Propeny uguinst all cluims and demunds,subject to any encumbrances of record. �'--— THIS SECiJRITY INSTRUMENT combines uniform covenants for nadonal use und non-uniform covenants with limiteci •- _ _ variapons by jurisdicdon to constitutc a uniform sccurity instrumcnt covcring rcal property. • , UNIFORM COVENANTS. Borrowcr and Lcndcr covcnant und agrcc as follows: 1.PAyment of Principal and Interest;Prepayment and Late Churges. Borcowcr shull prompQy pay when duc thc principAl of and intcrest on the dcbt cvidenced by thc Notc und uny prepuyment nnd latc charges due un�icr thc Nute. 2.Funds Por Tuxes and Insurance. SuUjcct ta applicablc law or w a writtcn w�iver by Lender, Borrower shal! puy to ,��-- Lcndcr on thc day monthly paymcnts arc duc undcr thc Notc,unW thc Notc is ptud in fuq,a sum("Funds")For: (a)ycarly taxas .,.�-`: and usscssmcnts which may attain priority ovcr this Sccuriry Instrumcnt as a licrc on thc Property;(b)ycarly Icaschold paymcnts � or ground rents on thc Praperty, if any;(c)ycarly ha�ard or properry insurancc prcmiums;(d)ycarly flaad insurancc prcmiums,if any;(c) ycarly martgugc insurancc premiums,if any;and (�uny sums payublc by Borrowcr to Lcndcr,in accordancc with thc _ provisions of pssragraph t3, in licu of thc paymcnt of mongagc instuancc prcmiums.Thesc items sirc called "Escraw Items." - Lcndcr muy,at any umc,collect nnd hold Funds in wi amount not to cxcccd thc maximum amount a lender for a fedcrally relatccl _ mortgagc loan may require for Borrower's escrow account under the federal Real fistsuc SetUcment Procedures Act of 1974 us ,. amended from timc to timc, 12 U.S.C. Scction 2601 et seq. ("RESPA"),unless anothcr law that upplics to the Funds sets a lesser �_ `� umount. If so, L.cndcr muy, ut any amc, collcct ttnd hold Funds in nn umount not ta cxcccd lhc lesscr tunount. Lcndcr may =- cstimnte the amount of Funds due on the bs�sis of currcnt duta And rea.eonuble cstimalcs of expenditures of future Hscrow Itcros or ��"—°�� othcrwisc in accordencc with applicablc law. -- { Thc Funds shull be hcld in a�i institution whose deposits ure insured by u fcderal ugcncy,instrumcntality,or entity(including � _ - - Lcndcr, if Lend^r is such un inslituti�n)or in 2ny Fcdcral Hom� L�3n Rgnk.1 rn�1�r chnll ap�ly �he Fundc to pay the Escrow --- Itcros.Lendcr muy not chargc Bortowcr for holding sind applying thc Funds,annuAlly analyr.ing thc cscrow account,or vcrifying �____ _ the Escrow Itcros,unless Lcndcr puys Borrowcr intcrest on thc Funds and applicuble law permits l.endcr to make such a chargc. — - Howcver, Lcndcr may rcquira Boaowcr w pay a one-dme charge for an indcpendent rcal cstate tax reponing servicc uscd by ---