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<br /> . 'fOGliTHER WITH aU thc impruvcnurts nov�nn c�rcuftcr crccted on thc pro�icrly u����ft1MSc��i1tC.appw�tcnanrch, und
<br /> fxtures now un c�rcuf'tcr u pnrt aF thc properry. All rcpluccmcnts und �idditiuns shull ultiu bc cuvtired by this Sccurity
<br /> „ Intitrumcnt. All ut'thc tarcguing i�rcfcrrcd t�i in this Sccurity Instrumcnt iis thc "Property."
<br /> E30RRUWGR COVGNANTS that Bc�rra��•cr is la��fully scised nf th��c�tntr hrrchy r�+nveycd und hn� thc right to Etrant .md
<br /> �� = convey the Property ,ind thut the Prc�perry is unencumbered, except fi�r cncumhrancey ut' record. Hurmwer wurrunts und will
<br /> N�r�„�• ? dcfcnd gencr�lty thc titic�o thc Property ugainst;dl claims and dcnu►nd�,subjcct to any cnrumhrunccs af rccord.
<br /> ,,��,,,,;,,�� THIS SECURITY INSTRUMENT combincs wiiform rovcni►nts for nat9onal usc and nun-unifnrm cuvenantti with litnitai
<br /> � variutions by jurisdictiun to ronstitutc u uniform sccurity insu�untcnt covcring reul pruperty.
<br /> , ' � UNIFORM COVENANTS. Borrowcr und I.cndcr covcnant and��grec us fullowti: • .
<br /> l. Paymcnt of Princlpal and Interest: !'repuyment Eind I.ntc Ch,�ry;es. Rorrowcr sh+dl prnmptly puy whcn duc thc _
<br /> principal af und interest on the debt evidenced by the Note und uny prepayment and lute charges due under the Nnte. �°��
<br /> 2. ['unds f�r Tnx�.s und lnsurance. Subject to upplicuble I�w ur to a written waiver by L.ender, Borrower shall pay to
<br /> �� �•• Lendcr on thc duy monthly puyments are duc under the Note, until the Notc is paid in full, a sum("Funds")for: (a)yearly taxcs ;�,
<br /> � .r and asscssments which may uttain priority avcr this Sccurity Instrumcnt as a lien on thc Praperty; (b)ycarly Icaschold payments _
<br /> � ar graund rents on the Propeny, if any:(c)ye:►rly harard or property insurance prcmiums; (d)ycarly flood insurancc prcmiums, _._-
<br /> �y. if any; (e)yenrly mongage insurance premiums, if any; and (� any sums payable by Borrower tn Lender, in nccord�tnce with
<br /> � � the provisians of paragraph 8, in licu of the payment of mi�rtgage insurance premiums.Tlte�e iteni,ure culled "Escrow Items." "u"'
<br /> Lendcr may, at any tinu, collect und hold Funds in an amount no[ to exceed the maximum amount a Iender for u federully. �V��
<br /> related mongage loan may require for Borrower's escrow acrount under the federal Real Estate Setdement Procedures Act uf `
<br /> � � 1974 as amended from time ta time, 12 U.S.C. Section 2601 et se•q. ("RESPA"),unlcss unothcr law that applies to the Funds � .r:
<br /> ' sets a lesscr amount. If so, Lender may, at any time, coltect and hold Funds in an amnunt not to exceed the Iesser amount. __��
<br /> Lender may estimate the amount of Funds duc on thc basis of currcnt duta and reasonable cstimates of expenditures of futurc �'"
<br /> Escrow Items or othenvise in accordance with upplicable law. __-
<br /> The Funds shall bc held in an institution whose deposits arc insured by a f'ccicral ugency, instrumentality, ar entity
<br /> (including L.ender, if Lender is such an instiwtion) ��r in any Federal Home Loan Bank.Lender shuU apply the Funds to pay the
<br /> Escrow Items. I..ender may not charge Borrower for holdin�and applying the Funds, annually analyzing the escrow account, or
<br /> ,_.�.'�r�:� verifying the Escrow Items, unless Lendcr pays Borrrnver interest on the Funds and upplicablc law permits Lendcr to make such
<br /> a cnargc. rivwcvcr, I.CROCf I11iAy fC4LLITC BUIfUWCI W�)ltY U VIIG'lllilG Lllptb� tvi ai�irdcp::r��Ci'ii i�:u�SuiZC u1n TC�.i.ii'ij� .wi�i:.
<br />- • • used by Lcnder in connection with this loan, unlcss applicablc luw provides othcrwisc. Unless an Agreement is made or
<br /> applicable I�w requires interest to bc paid,Lcndcr shall not be rt;quired to pay Horrower Any interest or eaminss on the Funds.
<br />:_;;;: ;;:,1:.:., �` Barrower nnd Lender may agrec in writing, howcver, that interest shall be paid on the Funds, l.ender shall give to Burrower,
<br />° without charge, an annual accounting of the Funds, showing credits and debits to the Funds und the purpose for which each
<br /> �� ���`. � debit to the Funds w�s made.The Funds are pledged as additianal security for all sums secured by this Security Instrument.
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<br /> .���•c„9•. If the I'unds held by L.ender excecd the umounts permitted to he held by applicable law, L.ender shuU account to Borrower
<br />_���:4,r,��' for the excess Funds in accordance with the requirements of applicable law. If the umount of the Funds held by C.ender at any
<br /> -•-,,:.,.,� time is not sufficicnt to ray Yhe Escrow Items whcn due, Le�ndcr may so notify Borrower in writing, und, in such case Bonower
<br />_ --°•>:µ>•µ , shall pay to L.ender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more thun
<br /> -����"���^'��' • ` twelvc monthly payments,:�t Lendcr's sole discretion.
<br />;:;,�;;'��:y`,��; Upon payment in full of:ell sums secured by this Security Instrument, Lcnder shall promptly refund to Bunower any
<br /> :n•�:�:`3L�! Funds lield by Lender. If,under paragraph 21. Lcndcr shall acquirc or sell the Properry, L.ender,prior to the acquisition or sale
<br /> �'���� of the Property, shall apply any Funds held by[.ender at the time of acquisition or sale as a credit against the sums secured by
<br /> -_-,�n,,,• ;
<br /> �. this Security Instrument.
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<br /> '����;�;;�1 3.Appllwtton of Payments.Unless applicabie luw provides otherwise,all payments reccived by Lender under puragruphs —
<br /> -�":1�, 1 and 2 shull be applieci:first, to any prepayment charges duc under thc Note; second,to amounts payable under paragraph 2;
<br /> _�_�.�-;��� thirJ,to interest due; fuurth,to principal Jue; and last,to any late charges due under the Nate. —
<br /> °,a.'-7:1�, 4. Charges; L[ens.Borrower shall pay all taxes, ussessments, charges, fines and impositions attributable to the Property
<br /> -'°�t-''�, which may attain priority ovcr this Security Instrumcnt, and Ie:isehold paymcnts or ground rents, if any. 8orrower shall pay
<br />:_���"��;�,.;� these obligntions in the manner provided in paregraph 2,or if not puid in that manner,Borrowcr shall pay them on time directly __
<br /> � to thc pGrson owed payment. Bonower shal!promptly furnish to L.cndcr all notices of amounts to be paid under this paragr�ph.
<br /> ���"'� If Borrowcr makes these a mcnts directl Bonower shull rom tl furnish to Lender recei ts evide►icin the a ments. --
<br />-�:� P Y Y, P P Y P � P Y
<br /> _ '"� Bonower shall promptly dischargc uny lien which has priority over this Security instrument unless Borrawcr: (a)agrees in
<br /> - �'�''�'�.� writing to the payment of thc obligation secured by thc lien in a manner acceptxble to Lcnder;(b)contc.ets;n�ood faith the lien
<br /> • - - by, or defends against enforcement of the lien in, legal proceedings whi�h in the Lender's opinion operate to prevent the =
<br /> ��'°`��;� enforcement of the lien;ar(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien tn —
<br /> ;- � . this Securiry [nstrument.If Lcnder dctcrmincs that any purt of the Propcny i.r• subject to a lien which may attain priority over �•_
<br /> �_-"��;� � . this Securiry instrurnent,Lcndcr may give Borrower a notice identifying the lien.Borrower shall satisfy the lien or take one or �=��
<br /> ... •_.�•, morc of the actions sct forth abovc within 10 days of thc giving of noticc. �_:�%-
<br /> R�',"._:•
<br /> Form 3028 9190 E•''
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