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<br /> ' TOGETI�R WITH all ttic unpmvcmcnts now or haeattcr crected on th�property.and all eascments.aPPurtenanccs.and E.. .,
<br /> `
<br /> � . fixwms now or herca!'ccr a part ot ti�c praperty.AL1 rcplacemenu and additions shall also be covcr�ed by this Setiuiry InstnuncnL . , .
<br /> All of thc foregoing is referred to in th�s Sccurity Ituuumeat as the"Pmperty.'. . " �• .` �` •�:
<br /> BORROWER COVENANTS that Boicower is lawfulty scised of the estate heceby conveyed and has the right to grant and .� • .•�
<br /> ' . � � canvey the PropercY anQ that the ProBertY is unencumbe,red.eacept for eacumbrances of record. Borrower wananu and witl ; �
<br /> ` defend geneiafly the[ide[o the Property against all claisns and demands.subject w any encnmbrances of record. �. . - _.-_ -` , -
<br /> - --� ---- 'TfIIS SECi3RTi'Y II�TS11tUNiEN'T combines uaiform covenaats for national use and non-uniform covenants with ti�nited i,__;_-.s. .,__�.._;.,;.
<br /> � v�iauons by jurisdicuon eo cons[imte a uniform security insavment covering real P�P�Y• f � - . .
<br /> � • U[�ORM COVENANTS.Borrower and l.ender cavenant and agree as foltaws: �• � �
<br /> ,� :. t.- . `:
<br /> • L Payment of Prfndpal sIItd Interesl;Prepaytnent and Late C6arges. Bormwer shall promptiy pay wheai due thc ° . : `
<br /> � ' principal of and interest on the debt evidenced by the Note and any prepayment aad tate chargcs dae uuder the Note. _ ,. �� y�.
<br /> 2 Funds for Taxes and Insurance Subje�i to applicable law or to a wriuen waiver by Lender, Borrower shall paY to • •t, `;..
<br /> • ` Lender on the day montbly payments are due under thc Note,unW the Note is paud in ful1,a sum("Funds")fflr. (a)year1Y ta�ces : �,:
<br />- � ` �:`� and assessments whicb may anain priority over this Security Instrument as a lien on the FroPenY:tb)Y��Y teasehold paycttents -.' . .. ..,�-1,
<br /> • ' ' or ground rents on the Property,if anY;(�)Y�Y�d or property insurance premiums:(d)Yearly Aoo@ inswance praniums.if � ; ��:� •��; .
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<br /> �`? 2e by Borrowes to Lendea.in accordance with the ,� �T.__- -
<br /> , •.< any:(e) Y�Y��8e insurat►ce premiurns.if any; and(�at►Y sums PaY� —
<br /> " pcovi�oas of paragraph 8.in Geu of the payment of mortgage insuiance premiums.These items are called °Escrow Items." " ' .- .��=•
<br /> ' • Lender may,at any time,callect and hotd Fuads in an amount not to exceed the maximwn amoun[a lender for a federaliy reiated ' � .�.. .. Y_a
<br /> • • �. �--
<br /> mortgage loaa may require for Borrower's escrow account under the fcdesal Real Estate Setttement Pmcedures Act of 1974 as ; � , :�-�_�.
<br /> � aneended from tirae tn time,l2 US.C.Section 2601 et seq. f'�pA")•unless another taw that applies to the F�mds sets a les�er . . "'r�::II;
<br /> � ....� amouaL ff so.Lender may,at aay time.collecc and ho2d Funds in an arr�un[not to exceed the less�amount L.endea may , �.
<br /> ''�.•�
<br /> ' . --- estimate Ihe amount of Funds due on ths basis of current data and reasonable estimates of expendipues of future Escrow Items or ___ •_ .: ���:- _
<br /> � :` otherwise in accordance with applicabls law. , ��
<br /> • ' �,�� '!he Funds shall 6e held in an ins�tiwuon whose deposits are insured by a federal agency.instrumentality.or entity(including • '•��-_
<br /> . .,,. Lendu. if Lender is such an ingtitution)or in aay Federal Home Loan Bank.Lender shall appiy the Funds to pay the Escrow ��'.:-r:'�4. 1
<br /> the Fnnds,arwually analyzing the cscrow account,or verifyer►g .. i;:';.��J�::
<br />�. ' . Items.Lender may noi charge Bmr�ower for holding and applying . ;�'�-
<br /> � the Escrow Items,unfess Lcnder pays Boaowea interest on the Funds and applicable law permits Lendcr w make such a charge. . �_� "'a`-�:
<br /> . �' However.Lender may requirc Barrower to pay a ane-rime charge for an independeut real estate tax reporting secvice used by '. ' ,j„_-_-�_.
<br /> ' '" `�. Lenau in cotutection wath this loan,tmless applicable law provides otherwise.Unl�s an agrecutent is made or apglicabte law
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<br /> � � •.`•. requ¢es intcrest to be paid,Lender shall not be required w pay Borrowcx any intcrest or earaings on the Funds.Borrnwcr and , �� � .f`�':y`
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<br /> � • � Lender may agree in writinB,however.that lnierest shall bc paid on the Funds.Lendet shaU give to Bormwer.without ctiarge,an . �.�_ __.._:_;
<br /> annual accounting af the Funds,showing credits and debits to the Fuads and the pwpose for which each debit w the Funds wa� _"���r`,;--_
<br /> • made.The Funds are pledged as additional se�urity for all sums secured by this Securiry Instsument `-1 :=
<br /> • If the Fuads hetd by Lcndcr cxcced�he amour►ts pamiued co be held by applicable law.Lender shall accaunt to Borrower for ;'�
<br /> � '�4 the excess Faads in accordance with the requirements of applicable 1aw.If the amount of t�e Funds heid by Lender at any time ic . �'••,;.�,,_
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<br />• ` " not svfficient to pay the Escrow Items when due,I.ender may so nolify Hor�wer in writing,and,in such c�e Bonower shall pay " ,,�,,,_:
<br /> ' �f to Lender the amount necessacy to make up the deficiency. Borrower shall malce up the defcciency in no more than ewelve . . � ��.: �?�`=,'_
<br /> monthty payments.at Lender's sote discrction. �'�r�
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<br /> ; � Upon payment in full of all sums secured by this Security Insuument,Lender shall prompdy refund to Borrower any Funds : �. : ;;•�.�
<br /> , �,q hciJ by Lenuu.If.undcr paragraph 21.Lender shall acquire or seU the Property,Lender,prior to the acquisitioa or sale of the ____,��. :___�_
<br /> property�shall nppIy any Funds hcld by Lcnder at thc time of acquisidon or sate as u credit against the sums sccured by this : •� �+���
<br /> . . .,�„,
<br /> . • � Security Instrumen�
<br /> 3.Applicatian of Payment9. Unless applicable law provides othetwise,all payments received by Lender nnder paragaphs � ` '{ �' ��;�_:
<br /> ' 1 and 2 shall be applicd: first,to any prepayment chargcs due under the Note;second.to amount�payable under paragraph 2; ,;
<br /> `j third,to interest due:fourth.w principal due;and last,to anY late cha�Ses duc under ihe Note. ��"'j"�
<br /> ' � � 4.Charges;Llens. Bonower shall pay all taxes,assessments.chazges.fines and imposiuons atuibutable to the Property � ,
<br /> • � which may auain priority over this Security Insuument,and leaschold paymentv or ground rents.if any.Boaower shall pay these � � •� ' __
<br /> ' � _ obligadons in the manncr provid:.d in paragaph 2,or if not paid in that manner.Borrowcr shall pay them on tirne diracdy to thc . . ,
<br /> . ,� person owcd paymenti Borrowcr shaU prompUy t'umish to Lcnder all noGces of amounts w be paid undcr lhis paragr�ph.If �� .
<br /> Boaower makes these p�ymenu direcdy.Sorrower shall promptly fumish to Lender teceipts evidencin�the payments.
<br /> Sonowcr shaii prampUy d'uchargc any ticn which has prioriry ovcr this Security Inswmcni unless Borrowcr: (a)agrccs in , � �
<br /> • � wriGng to�he paymem of the obligation secnred by the lien in a manner acceptabte to Lender.(b)contest�in good faith the lien . . .
<br /> _ ,� by,or defends against cnforccment of Ihe lien in. lcgal procccdings which in the I.endcr's opinion operate to prevcnt thc : . ' -
<br /> - enforcement of the 1ien: or(c)secures from ihe holder of the lien an agrcement satisfactory to Lender subordinating the lien to
<br /> '. � l this Security Inswmen� Ii Lendcr determines that any pan of the Property is subjcxt to a licn which may attain priority over this _ _
<br /> � � ` 5ecuriiy Insuumcnt,Lcndcr may give Borrower a noucc idcntifying the Gcn.Boaowcr shall satisfy thc licn or take one or more •
<br /> � • ( of thc acuons sct fonh abovc wi�hin 10 days of thc giving of noucc. . ; .
<br /> I Fotm 3028 9190
<br /> j ��BR(NE)192121.01 Pago2o�8 mmata: . . .
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