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<br /> TOt]GTHER WITH idl thc impravemcni� now nn c�rauftcr rrectc�l on ihc pruperty.�uid nll cn�.cmcnih,upPurtcnunccs, „
<br /> nnd fixtures now on c�rcuftcr n purt c�f thc propr.ny. All repinccmcnts and udditions shull idu�I�covcrcd by this Sccuriry
<br /> Instrument. All of thc foregoing i5 mtcrred to hi d►is SccuritY Inntnmicnt i+h the"Pro}x:ny."
<br /> BORROWER COVENANTS that Eiunowcr is In�vfully sciscd of thc csaua hcreby convcy�d nnd hus[hc right ta grunt
<br /> and convey the Property and thut the Propeny is u��encumbered,exeept for enefmibrnnces of record. Burrower wnnants and
<br /> � will defend gsnr.rally the title ta the Property nguinst i�ll cinimh und demands,subject t�iuiy encumbr�tnces of record.
<br />� THIS SECURlTY INSTRUM�NT combines uniform wvenants for nntional usc and non-unifurm covenunts with
<br /> '� � ,� limited variauons by jurisdiction to constitute�uniform securiry instrument covering reul property. ; �••
<br /> -' "'""'`� UNIrORM COVENANTS. Borruwcr and Lendcr covenant und agree as follows: ,;
<br /> �..� ..�� : .
<br /> . 1. P,�yment of Principal und Interest;Prepuyment nnd Late Chnrges. Boaower shall prrnnptly pay when due the ,�;
<br /> principal of und interest on the debt evidenced by the Nate and any prepayment and late charges due under the Note. 4:�,:;
<br /> 2, Fl�n�ls Pm•1luces and Insurunce. Subject to applicuble law or ta a written waiver by Lender,Bottower shall pay to .,:•'T_,
<br /> Lender on the day monthly paymenGS are due undcr thc Nut�:,until the[Yote is paid in full,a sum("Funds")for: (a)yearly _
<br /> t�uces and assessments whicit may attain priority over this Security lnstrument as a lien on th�Property: (b) yearly leasehald —_`-
<br /> payments or ground rents on the Propeny, if any; (c) yeurly hazard or propeny insurance premiums; (d) yearly flc�od d_
<br /> insurance premiums, if any; (e) yearly mortgagc insurance premiums, if any; and (� any sums payable by Borrower to =_
<br /> Lender, in accordance with the provisions of puragraph 8, in li.r.0 of the payment of mortgage insurance premiums. These _
<br /> � items aze called"Eserow Items.' I.ender may,ut any time,collect r.nd hold Funds in an amount nc,t[o axceed the maximum
<br /> ; amount a lender for a feder�lly related mort�age loan may mquire for Borrower's escrow accaunt under the feder�l Real
<br /> � F�tute Settlement Procedures Act of 1974 as amended fr�m timr.to tim.., 12 U.S.C.§2601 et seq.("RESPA"),unless another
<br /> " g'� law that applies ro the Fhnds sets a lesser amount. If so.Lendcr may,ut any Ume,collect aad hold Funds in sut amount not to
<br /> .. .;�� exceed the lesser amount. Lender muy estimate ihe amaunt of Fltnds due on the basis of current data and reasonable , •�t�,:�
<br /> esdmates of expendituees of future Escrow Items or othenvise in accordance with applicable law. �,�„_.
<br /> L�i��` Tlie i'und,shall be held in un institution whose deposii,� are insured by a federal agency,inswmentality, or entity .a
<br /> �_'-=-_
<br /> '�'�"`� (including Lendcr,if Lender is such an institurion)or in any E'ederal Home Loan Bank. Lender shall npply tlie Fwids to pay �:;
<br /> �"�`: tfie Escrow Items. Lender may not charge Bonower for h�lding and applying the Funds, annually analyzing the escrow
<br /> �`;'`:;
<br /> account, or verifying the Escrow Items, unless Lendc:r pays Bonower interest on the Funds and upplicable law permits _±�=���
<br /> Lender to make such a charge. However,Lender mny rec�uire Borrower to pay a one-time charge for an independont real _
<br /> � ' estate tax reporting service used by Lender in connecrion wiEh this loan,unless npplicuble law provides othenvise. LJnless an _
<br /> �� ���' agreement is made or applicable law requires interest to be,eaid,Lender shall not be reyuired to pay Borrowe�any interest ar _
<br /> 'r �t# eArnings on the Flinds. Borrower nnd Lender may agree in writing,however,that interest shall be paid cn the Flmds. Lender __�
<br /> ;��.- .�;�.���+,I shall give to Borrower,without charse,an annual acce�unun�of the Funds,showing credits and debits to the Funds and che ._
<br /> :'r3a��.< <�� „oas u,,�;�ti a�h�P►,ir�n thr Fundc�vnc made. The�nds Are pledged as additional security for all sums secured by �;:
<br />— -- p.��,.� :
<br />.� . . "�I� this Secunry Instrument. �
<br /> h•;� If the F1mds held by Lender exceed the amounu+ permit�ad to be held by applicable luw, Lencfer shull account to
<br /> � Bonower for the excess Funds in accordance with the rcquirements of applicable law. If the amount of tha Funds hnld by
<br /> � Lender at any time is not sufficicnt to pay the Escrow Itema�vh�n due,Lender may so notify Bonower in writing,and, in
<br /> �,f � � such case Borrower shall pay to Lender chc amount necessary to make up the deficiency. Borrower shall make up the
<br /> - deticiency in no more than twelvc monthly payments,ut Lender�sale discretion.
<br />— ,.,. Upon Payment in full of nll sums secw•cd by this Securicy Instn►ment,Lender shall promptly refund to Bonower any
<br />- �� ;:� Funds held by Lendcr. If,under parngmph 21,L,ender shnll acyuire or sell the Property, Lender,prior to the ncquisition or
<br /> � � sale of the Property, shall upply uny FUnds held by C.endur at the time of ncquisition or sa(� as a ci�edit agninst the sums
<br />"`���" secured by this Security lnstrument.
<br />_-, ���°i 3. Applicutlon of I'eymcnt�s. Unlecs upplicablc lnw pr4vides otherwisc, all paymcecs receivcd by Lendcr undor
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<br />—,,,a�r.t, p.u�agraphs l and 2 shall be applfed: first,ro nny prcp��yment chnrges due under the Note;second,to amoun�s payable un er
<br /> -:�n-a� p;un�raph Z;third,to interest due;fourth,to principal due;und luat.to nny Inte charges duc under the Notc.
<br />���'�*��=� q, Charges; I.tens. Borrawcr shull pay all wxes, aascesmcnts, charge;, fines and impositions attributable ro the
<br /> �?'*�-=L-� propecty which may attain prioriry over this Securiry Inruvment.artd leasehold payments or gtound rents, if uny. Borrower
<br />�"'�''-"r shall pay these obligations in the manner providod in paraQraph 2,or if not paid in that manner,Borrower shall pay them on
<br />=--ti'~:;i time direcdy to the person owed paymen� Bonower shall promptly fumish to Lender all norices of amounts to be paid under
<br />_�F,,Y���.=, this parngmph. If Borrower makes these paymenG4 diitctly,Barrower shall prompdy furnish to Lender receipts evidencing
<br />-:',;�� •• the payments.
<br />?��:;�� Borrower shall pro�ptly discharge uny lien whic:h hus priority over this Security Ins►:ument unless Borrower:(a)agrees
<br /> s��t�*ri�.Y in writing to the payment of the obligation securcd by el�a licn m a manner acceptuble to Lender,(b)conrests in good faith the
<br /> ��� - lien by,or defends ag�inst enforcement of the lien in, leg�+l proceedings which in the Lender's opinion operate to prevent the _
<br /> ' �:x�` enforcement of thc lien;or(c)secures from the holdar of the licn an agreement saasfactory to Lender subordinating the]ten
<br />:�:��=� �� to this Securiry Instrument. lf Lcnder detertnines that any part of the Property is subject to a licn which mny attajn priority
<br /> _� . . .
<br />_��...�,,.-.�, •' over this Security Instrumcnt,I.ender muy give Borrower a notice idendfying the lien. Bortower shall sadsfy the lien or t e
<br /> _•��• one or more of the actions set forth above widiin 10 duys of the giving of notice. _
<br />- 5. N�erd or Property Insurnnc�e. Burrowcr shnll ksep the improvements now existing on c�rcafter erected on the
<br /> �- Property insund against loss by fim,liaz:uds included within the term"extended coverage"and any other hazurds,including
<br /> ' . floods or flooding, for which l.endcr rcquires insurance. This insurance shall be maintained in tho amounts and for the ___
<br /> . ' F1v�tn 30�8 4J�0 (EaRe t oj6 pngral �T
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