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<br /> „ TOGE:TNF:I2 �VI'1'H�dl thr itnpruvemrnt� nuw iu Itcrcaftcr crccted cm thc pruprrry.and. ucnu�n�,. :ippurtcnancc,. und
<br /> lixtures nu��• un c�rcai�tcr a part uf thc pruperry. All rcplurcmcntti und udditiun+ �hull ul+a hr ruv�n��! hy lhiti Sccuriry
<br /> In,trumcnt. All nf thc 1'ur�E��in�;i,rcl'crrcd tu in thiti 5rrurity In,trumcnt��s tlic°Pruperty." '
<br /> Hf)RROWEIt fc)VI�.N/1Nl'S thut liiirruwcr iti lawfully,ci+�vl uf thc r,tuln c�rchy runvcprd and hati Ihr right to grmt nnd
<br /> r,mvcy thc Pruperty��nd thut thc Property is unenruntbcrcd, cxccpt iiir cncumbr:inccs at rccurd. liurru�vcr warrunt, an�l will '
<br /> defcnd gencr.slly thc iitic to thr Praperty�aguin:,t ull rluims an�l dcmandti,suh,jcct tu uny cncumhrunccs ut rcc;►rd.
<br /> '1'H1S 5ECURITY INSTRUMEiNT c��mhinc+ unil'urm r�i��cnants fnr nt►tiunul uu and nnn-unifurm c��vrnmus with limitcd
<br /> � �'�� varicuic,ns hY.luri,ciiciiun t��cunstitutc a uniti�rm+rcurity instrumcnt covcring ru�l proprrty. '.' .
<br /> - -� •�"'�' UNIFORM COV�:NANTS. Q��rr��wcr�md LcnJcr ruvcn.tnt and agrcc i�s f��ll��w+: �
<br /> t. Pnymcnt af 1'rincipul and Intercwt; f'repnyment und Latc Chur},�w. Horrowcr tihall prampQy �Say when duc thc . �
<br /> principal��f und interest on the debt evidenred Ny the Note t+nd uny prcp;ryment and late rhargcy due undcr thc Note.
<br /> 2. Funds P��r Taxcw und Insu�iince. Subject to upplicablc luw or tu a writtcn �vuivcr hy l,cndcr, Burr��wcr shull pay to •�" �'
<br /> ,.,�c..�.n•ar,---
<br /> I.endcr c�n th�duy monthly paytnents ure duc under the Notc, until thc N�itc is puid in full,u sum l"Funds`) fur: (u)yearly tuxes �,�.;,;__-N:
<br /> and a+sessments which may auain priority over this Sccurity Instrument its u licn on thc Pruperty: (b)ycarly Icusehold payments ::=-
<br /> . #:� or grnund rents on thc Properry, if uny;(rl ycurl}• harurd or pruperty insuruncc premiums: (dl ycurly flaud in+uruncc prcmiums. `�z�;�
<br /> .u��.,:-_
<br /> �� �' if any: (e)yeady mortgage insurancc premiums, if uny: nnd (fl any sums payuble by Borrower ta Lender, in uccordunce with __.:
<br /> the pruvi�ionsnf pungraph 8,in lieu af the puyment of murtguge insurance premiums. These items ure culled "Escrow Items." ':�-�__
<br /> :� L.ender may, at any time, collect and hold Funds in un amount not to excecd the maximum umount a Iender far u federnlly �.�j�r`�.�-�;-:
<br /> . • reluteci mangage loan may require for Borrower's escrow account under the federul Reul Estut� Settlement Procedures Act of
<br /> t, 1974 as amendeci from timc to time. 12 U.S.C. Section 2601 er seq. ("RESPA"), unless unother Inw thnt applics to thc Funds _'�C1;::
<br /> '� sets n Icsser umount. If so. L.cnder may, ut nny time, collect nnd hold Funds in un amount not to exceed the Icsser amount. _—_
<br /> r I.cndcr may estimaie the umount of Funds duc on the basis of current dnta and reasonablc cstimatcs of expcnditures of future .;�ti�:
<br /> '� Escrow Items or otherwise in accordance with applicable law. '�
<br /> ,., .,
<br /> The Funds shall be held in an instiwtion whose deposits are insured by u fecleial ugency, instrumentality, or entity �_
<br /> (including Lender,if L.cndcr is such:�n institutian)or in any Federal Homc Loan Bnnk. Lendcr shall upply the Funds ro pay the .y�_
<br /> Escrow Items.Lender may not charge Borrower for holding and upplying the Funds,annually unalyaing the escrow account,or �_
<br /> verifying the Escrow Items, unless L.ender pays Borrower interes[on the Funds and applicuble!uw permits L,ender to make such t,;.,�
<br /> � �`w��b�,;�II;;�;.`;,�;;��f;;,�� ���ul�� g��l�w�r rn�ay a one•time chargc for an independent real cstatc tux reponing service ■�
<br /> �' usal by Lender in connection with this loan, unless applicable law provides othenvise. Unless an agreement is made or `
<br /> applicablc law rcquires interest to bc paid,I.ender shall not be required to pay Horrower any interest or earnings on the Funds. _-
<br /> Bonower and Lender may agree in writing, however, thnt interest shall be paid on the Funds. Lender chull give to Borcower,
<br /> ,.�;,� . ' without charge, an annual accounting of the Funds, showing credits and debits to the Funds and the purpose for which each
<br /><`•"r:��t.��. .: dctbit to the Funds wu.s made.The Funds are pledged as additional security for all sums se�:ured by this Securiry Instrument.
<br /> �" � � _ _ , If the Funds held by L.ender exceed the amounts permitted to be held by applicuble law.Lender shall account to Bonawer
<br /> ";��:••� ''' for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by Lertder at any
<br /> � �t t 3� '� �� time is not su(ficient to pay the Escmw Items when due.L.ender may so notify Bonower in writing, and,in such case Bonower
<br /> ,����• shall pay to I.ender the nmount necessury to muke up the deficiency. Borrower shall mnke up the deficiency in na more than
<br /> -'"•'•::;.• : • twelve monthly paymcnts, at L.cnder's solc discretion. -
<br /> ``'='�;,_r„L.:�,u ' Upon payment in full of aU sums secured by this Security lnstrument, I.ender shall prampdy refund to Borrower any
<br /> •��=:F:'�`:'_::� Funds hcld by l.ender.If, under paragraph 21, Lcndcr shall acquirc or sell the Property.Lendcr,prior ro thc acquisition or sale
<br /> �-'."';L�.';:�;",� of the Propeny, shall apply any Funds held by Lcnder at the time of acquisition or st�lc as a credit against the sums secured by _
<br />=�'°��,.°';��,.�:� this Security Insirument.
<br /> - -�''"'` 3.A Ilcation of Pa ments.Unless a licable law rovides otherwise,all payments received by Lender under paragmphs
<br /> _ a�%i'.:��� PP Y PP� P
<br /> .��;�:e�a'„ 1 and 2 shall be applied: first, to any prepayment charges due under the Note: second, to amounts payable under paragraph 2; _
<br /> -,xR;,R,:j:� third,to intercst due; fourth,to principal due:and I�..t, to any latc charges due under the Note. _ _ __
<br /> �z.;�.;�� 4.Chur�es;Llens. Borrower shall pxy all taxes, assessments, char�es, fines and impositions attributable ro the 1'roperty __
<br /> _-:`,;;;:_:,::;;, „ which may auain prioriry over this Security Instrument, and Icasehold paymcnts or ground rents, if any. Borrower shall pay
<br /> -��'';�� thesc obligations in the manncr provided in paragraph 2,or if not puid in that manner,Borrower shall pay them on time directly
<br /> '�i°'u�`�`�=` to the person owed payment.Borrower shall promptly furnish to LCnder all notices of amnunts to be paid under this paragraph.
<br /> i':�!�hi4• If Bocrower makes these payments directly,Borrower shall promptly furnish ro Lendcr receipts evidencing the payments.
<br /> �"""''" Borrower shall promptly dischar�e any lien which has priority over this Sccurity Instrument unless Bonower: (a)u�rees in
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<br /> _�.�r±'�'�:� writing ro the payment of the obligation secured by the lien in a manner acceptable to Lender. (b)contests in good faith the lien
<br /> • , by, or defends against enforoement of the lien in, legal proceedings which in the Lender's opinion operate to prevent the =
<br /> �`s,' .'�'.� enforceroent of thc lien;or(c) secures from the holder nf the lien an agreement satisfuctory to Lender subordinatin�the lien to _
<br /> ' this Security Instmment. If Lender determines that any part of the Property is subject to a licn which may attain priority over —
<br /> �� ..�_ this Security lnstrument, Lendcr may give Borrower a nntice idcntifying thc licn. Bon�ower shall sutisfy thc lien or take one or �-�._.
<br /> ��;
<br /> more of the actions set forth above within 10 days of the giving of notice. �-_=___•__�
<br /> Form 3028 �3I90 �'':'z=��'
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