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<br /> � TOGETHER WITH xll the improvenienGc naw or hereafter erected un thC property, and aU easeni�nn, apputte�utnces,:u�d °°
<br /> fixtures now or hereafter x part ut' thc pruperty. All replacemenGti xnd adJitioi�.ti shall alao be covered by this Security � ,
<br /> Ii�trument.All af d�e foregoing iti refened�a in this Security Intitrument us che"PmpenY•" � --,
<br /> BORROWBR COVENANTS d�xt Born�wer is lawfully seised of the estxte hereby ccmveyed and h�.+the right tc�grint and
<br /> convey the Properey and thue che Pre�perty is unencutnt�ered,except fur eiuuuiUr�u�ce,uf record. Bunower warrants �nd will
<br /> , defend g�nerully the tide to the Property abainse all clu�ms and dem�uxls,subject to any rncumbr.utces of record.
<br /> THIS SECURITY INSTRUMENT combines uniform cc�venants far nadnnul use and nan-uniforn�cavenanGi�vith limiteJ
<br /> variadons by judsdIcdon to consdtute a uniform security instrument covering real praperty. -
<br /> UNIFORM COVENANTS. aonower and Lxnder cavenant und agree xs follows: � ,
<br /> 1. Payment of Principal and Interest;Prepayment and Late Charges. Borrawer shall pramptly pay wli�n due the r
<br /> principal of and inrerest on the debt evidenceci by the Note und any prepayment and late charges due under the Note.
<br /> Z. �nds for Taxes and Inswrance. Subject to applicable!aw or ta a wricten wtuver by I.ender, Bonower shall pay to ��_
<br /> Lender on the day monthly payments sue due uncier the Note,unpl the Note is paid in full,a sum("Funds")for: (a)yeurly taxes rr __
<br /> and assessments which may attain priority aver this Security Instrument as a lien an the Property; (b)ye:uly leasehold paynients �_�.. __
<br /> or ground rents on the Property. if any;(c)yearly huzurd or praperty insurance preniiums;(d)yexrly flood insurunce premiums, _«
<br /> if any; (e)yexrly raortgAge insurance preniiums. if any:and(�xttY sums Payable by Borrower to I.ender, in accordance witu
<br /> tlie pravisions of paragraph 8,In lieu of the payment of monga�e insurxnce premiwus.These items are called"Escrow Items."
<br /> Lender may. at uny cirae, collect and hold Funds in un ucnount not to exceed the maximum amount a lender for a federally
<br /> related mortEage loan may require for BarrowCr's escrow account undet the federal Real Bstate Setdement Procedures Act af
<br /> 1974 as amended fram time ta ti�ue, 12 U.S.C. Secpon 2601 et.ceg. ("RBSPA"),unless another law that applies ro the Funds
<br /> sets a lesser amount. If so, I.ender may, at any tirne, collect and hold Funds in an acnount not to exceed the lesser amount.
<br /> � Lender tnay estimace the amount of Funcis due on the basis of cunent data and reasonable estimates of expenditures of future
<br /> Escrow Iteins or otherwise iu accordance widi applicable law. ..�-
<br /> T'he Funds shall be held in an instituaon whase depasits are insured by a federisl agency, instrumentality, or endty ,- -.
<br /> (iacludiug Lxnder,if I.ender is such an institudan)or iu any Federal Home Loan Bxnk• Lender sliall apply the Funds to pay the �' ._
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<br /> Bscrow Items.Lender cnay not charge Bonower for halding und applying tlie Fundti,annually xnulyzing[he escrow account,or ���
<br /> vedfying the Bscrow Items.unless L.ender pays Burrower i�terest on the Funds and ap(�licable law permits I.eader to make such
<br /> a charg:..Ho::�e:�er, Len�?r mAy tequire Bonower to pay a one-tune charge for an independent real estate u+x reporting service ,;: — ..''
<br /> used by Lender in conuecdon with this loan. unless applicable law provides oWerwise. tinless an agrrxmcut i� ,ijede ar •,.e�'�;• `;:-�);
<br /> applicable law requins interest to be paid. Lender shall not be required ta pay Borrower any interest or earnin�s on tl�e Futtds. �,
<br /> Bonower and I.ender may agree in wriung,however, that interest sbull be paid on the Funds. Lender shall give ro Borrower, ':F •i�.
<br /> wlthout charge, an attuual accouudng of the Funds, showiug credits and debits to the Funds and the purpose for wbich each _
<br /> debit to the Funcls was made.The Fuuds�re pledged as adclitianil securiry for all sums secured by thls Securlty Instrument. ': .
<br /> If the Funds held by I.eGder exceed the amounts permitted to be held by applicable law. L.ender shall account to Bnnower 's .
<br /> for the excess Funds in accordance with che requirements of applic:uble law. If the umount of the Funds held by Lender at any ���,
<br /> time is not sufficient to pay che fiscrow Items when due, Lender may so nodfy Borrower in wridng,and,in such case Bormwer `�� _
<br /> shall pay to Lender the amount necessary to make up the deficiency. Borrower shall muke up the deficiency in no mnre than �_
<br /> twelve monthly payments,at I.ender's sole discretion. ���'----
<br /> Upon paymeat in full of all s-ums secured by this See:uriry Iustniment, Lender shall prompdy refund to Bonower any ��
<br /> Funds held by L.ender. If,under paragraph 21, Lender shall acquire or sell�he Property,L.ender,prior to the acquisidon or sale �_�: _
<br /> of the Property.shall apply any Funds held by LenJer at the time of acquisition or sale us a credit against the sums secured by �:�,,r_
<br /> tlus Securiry Instrument. ' :: -
<br /> • 3.Appltcatton of Payme�nts. Unless applicaUle law provides otherwise.xll payments received by Lender auder parbbraphs }.,�,.r -
<br /> �..;�:_.
<br /> 1 and 2 shall be applied: first. to any prepayment charges due under the Note; second. to�mmounts payable under paragraph 2; ,,,'..�fr�w
<br /> third,to iaterest due;fourth,to principal due;and last,to any late charges due under the Note. .�,f,�;�,
<br /> 4. Charges; Liens. Bonower shxll pay al!taxes,assessruents,charges, fines und imposipons attributable w die Property '::. -_-3
<br /> which may attxin prioriry over this Sec:uriry Instrument, and leasehold payments or ground rents, if any. Bonower Shxll pay :,&:' -���-.
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<br /> these obllgations in the raanner provided in pxrugraph 2,or if not paid in that manner, Barrower shall pay them on tiiue direcdy �•• �'
<br /> to the person owed payment. Bormwer shall pro�iipdy furnish to Lender all uotices of araounts to he paid under this paragraph. I _ ,,�_f._
<br /> If Borrower makes these payments directly,Borruwer shull prompdy furnish to Lender receipts evidencit►g the pxyments. . , . .
<br /> Borcower shall pr�mptly di�charge any lien which ha.e priority c�ver this Securiry Intiuun�ent unless Borrower: (a)agrees in i
<br /> wriang to the payment of the obligatian sewred by che lien in a munner acceptable ro Lender;(b)contesu in good faith the lien j ' �.,.
<br /> by, or defencls ag�insc enforcement of the lien in, legal pro�:eeciings wl�ich in the Lender's opinion c�perate to prevent the � •,.
<br /> enfonemeut of the lien;or(c) secures from the liolder of die lien an xgreement satisfactory to L.ender tivbnrdinating the lien to `
<br /> this Security In,trunient. If Lxnder determines d�at any put of the Prnperty i�subject to a lien which may attain priority over ;
<br /> ' this Security IiLtitrument, Lender ivay give Burrower a notice iJenti'tying die lien. Borrower shall satisfy the lien or take one or �
<br /> imore of the xctiona set forcli xbave widiin l0 dayx of d�e�;iving uf notice.
<br /> � Form 30�
<br /> � ��6RINE1�s����.o� rtq.z o�e �ru�ui�:
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