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<br /> " . TO(3ETHER WITH nll the lmprovemen�s now or hercaftr:r erccted nn thr.pmperty,and all e�sements,appurteny�ces,nnd �
<br /> flztures naw on c�reaft�r a part af the propeny. All repincsments and ulditiona sholl also he coverecl by this Security
<br /> - Instnm�nt.All of tho forcgoine is refcrrecl to in tl►is Sccuriry G�stnimc�u as tl�n'Pru�i��ny."
<br /> BQRRONER COYENANTS that Borrower is lawfully cei:,ed of thr.cstntc ht»rby convcyed and has the right to grant and
<br /> convcy ti►c I�:op:r�y and that thc !'ropeny is unencumbered,eneept fnr enrumbrances of record. Bonower warrants and will
<br /> "",. , � defend general�y uhe title to the Propeny Against all claims and demands,subJcx�to any encumbrunces of record.
<br /> � THIS SECURITY INSTRUMEN'�combincs uniform r.ovcnnnts for netionnl ur�and non-uniform covcaants with limited
<br /> „w;,,.:��� � variadons by jurisdfiction to constitute a unifbttn security instruni,r.nt coverinn rca�pro�eny. ••
<br /> � • UNIFARM COVENANTS. Bonower and Lcndcr covonnnt and agree as folla�vs:
<br /> 1. Poyment nt Principa! and lnterest; Preps►yment nnr� 4Ate C1�c�r��. Dorrowcr sh�ll promptly pay when due the
<br /> principal of and intemst on the debt evidenced by the Note�nd any prepayrc►r��[n�ci Inte charges due a*tder the Note.
<br /> 3. �rtds for T3:�::d Lr.�srs:.c:• Subjcct to applJcabfR lav;or to a�:�rittcn w�iver by Lenc�er, Borrower shall pay ta i�
<br /> �� „ t l.ender on the day monthly payments are due undcr the Nota,unG�l the Nate is pt�d in full, a sum('Funds")for.(a)yearly tyces �-
<br /> and assessments which may att�in prioriry over this Secarin� Instx�u.enr a�a licn nn the Property;(H)ycazly leasehold payraents �'�`_
<br /> or gro�nd rents on the Propeny,if any;(c)yearly h.�zard or proper�y unsurn+noc pn:miums; (d)yearly flood insarr.ace precuiu�s, �;t�
<br /> � if any; (e)yearly mortgage insarance premiums, if any;and(� aay�^is payfl2+�a by Borrower to l.eader, in a000rdance with �r=--
<br /> . tde provisions of paragraph 8,in lieu of the payment of�unrtgagW inscvr;�n�pmzniums.These i[ems are calfed'Escrow Items." �_•,�___
<br /> Lender may, at any ame,collect and uold Funds in an.ltnoun� nat ta exc�1 fhe�uitnum asnoun:a lr.a8�a�'ar a fes.'eraliy �"°=-
<br /> „ � �,,, nlated rrMngage loan may n�uire for Borrower's escmw� a�ccount under thn fer,i�tal Real Estate Settlecaent�a�e�dures Au of �•���.a
<br /> 1974 as amea�ded from time to time, IZ U.S.C. Section 26A1 u seq. ("RESPA.°),unless another law that applezs to the Funds
<br /> �, set� a lesser amount. If so. Lender may, at any time.callect nnd hald Funda i.so an amount not to eaceed the lesser amaunt. .�:�s,•
<br /> �' Lender may estitnate the 2mount of Funds due on the baxis of cutrcnt d2ta and masanable estimates of expenditures of funarc _
<br /> � Escrow Items or othenvise in accordance with applicatr�E law. ,-.,,-_
<br /> '!'he Funds shall bG held in an insdtution whosE depost¢s are insurc� by a federal agenc��, instrum�ntaliry. or entity . ,�.;,_
<br /> (including Lender.if Lender is such an institution)or in any Fede�al I{um�Lo�n Bnnk.l�cnder shall appfy the Funds to pay the `-�°�
<br /> �. Escrow Items.Lender may not cUazge Bur¢�a+er for holdu��and ap�+lying thr Funds.annually analyzing the cscmw aanuat, or �=`
<br /> • . � verifying the Escrnw Items, unless Leniter pays Borro��er inter�st on We FuitiQs and Applicable law permits Lender to makesuch `�
<br /> � a charge. However.Lende�may req�ire Borrower to�ny a onc•time c9�gr��far an indepead�nt real estate taa s�porting sennce !�
<br /> . USCQ bJi LCIi�tllC III UDIIIK'C41GIt Wlttl 1It15 Tuw, wucb� d�j"iSiid`v1C �a:: j.fR�,C�La L`!t!�l:u'�. Tfy�lacc an �rc�rmrnt ia�atl� �►r �-- -
<br /> . � aj►plicable law rcqulres interest to be paid,l.ender shall nnt be nircd tn ��Borrower an interest or eami� s on the Funds. ��`°�
<br /> �1 P ) Y � �rs�=
<br />- Borrower wd Lender¢niay agree in writing,however, �Lut inte:�t sbflll be p�id on the Funds. Lender shall give to Borraw.er, �—
<br /> � without chuge,an annual a�untiug of the Funds, showing cr�Y:�and de'�Its eo ths Funds and the purpase for wlucfi eatc'h R--
<br /> - -, dobit ro the Funds was m�d�.The Funds ars plodged as additiona!security for�Il sums secund by this Security Lnsuumen�, ��;�;;_
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<br /> � If the Funds held by E�ender eaceed the amounu pernrit[ed to lx h�ld by+��a➢acable law,Lcnder shall ao�rmt so B orrowcr ��:.:.--
<br /> = for the e.�oess Funds in aeoardance with ahe requirements of applica�:lt la�v. Ii'ti�e amount of tho Funds deld�y l.ender at any K-�`
<br /> , '„� dme is not sufrticient to pay the Essro�v Items when due,Lcnder may so natif�!Bannwer in writing.and,in such case Borrower
<br /> :.- ..�K" shall pay to Lender the unount aecessary to make up dte deficicncy. Bona�ti�er shall make up the deficiency in no mor+c than
<br /> • •� tweivt monthly payrnents,at Lender's sole discreuQn.
<br /> ,..,;;,,�� �' Upon paymoat in fi�ll af all sums secured by +[bis Security Inscn►mFat, Lender shall promptly re:Fu�3 ao Borrower any
<br />- ^='^� Fuads 6eld by L.ender. if,under puagraph 2l.l.ender shall acquire or seJl dto 1'copeety,Lender,prior to thE acquisidon at salt
<br /> y:.�����- of the Pc+np�rty,shall apply aay Funds held by Lcnder at the time of a�iusitlon or sale as a credit against the sums sxuied by _
<br /> =-,.-..�. �^..._� this�ecurit�Qasuument.
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<br />�;�,:t _; 3.Applirntioo o�Paymmts.Unless applicable law pmvides othFSwi�e,all payments rGceived by I.ender undee paragraghs
<br /> _:.:;�:.�:' 1 and 2 shall be applie�:first,to anY prcpayment ch�es due under dic Rnte:second,to amounts payable tu�der paragraph 2; �::
<br /> --� � �hird,tn interest due;fovrtb.to principal duc;and last,to any late cha.raes due under the Nate. :..�_-
<br /> r -'°- �-�; 4.�harges; Lieas.Bonower shall pary all ta�ces,ussessmczits,c�r.rB�,fints and impositions attributable to thc Pr��ay --
<br /> �i��ar�,�:, which may attain prioriry over this Security instrument, and leasc3iolal payrnents or ground rent�. if any. Borrower sha!1�ay =
<br /> �-�=-��1�+�� these obligations in the mu�net provided in parngraph 2,op if not paid in it��t manner,aorrower shall pay them on time directly _
<br /> r,��-=~� to tlie person owed paymeat.Borrower shall prompdy funiish to Lensl�r a�l nodocs of amounts to be paid u���this pardgraph. _—
<br />-��� ' If Borrower makes these paymenu dir�cdy.Borrower shall prompily fiuniais ta Lender receipts evidencing ti���yments.
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<br /> ""�""`-� ` Bonoerer shall rom tl dischar e an lien which has riorit ovr.r ttil�,Socuri InsUVment unless Bocrower.(a)a mes in
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<br />� L�:'�`"�� writing¢�a�h�e payment of the obligation secured by the ll�.n in a minr.ca'a�cptuble to Lender;(b)contests in good faith the lien ��'
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<br />_ .. by. or def€nds against enforcen�ent o3 the lien in, Iega! proceedings a•riich in the Lender's opinion operate to prevent the ��;
<br /> � " enforcement of the lien;nr(c)�ecures from the holder of the lien n.n ngree��ent satisfactory to Lender suborSinating the lien to �;;•;=-
<br /> . this Security Inscrumen¢.Iff Ilxnder deiermin�d�at nny pnet of the Propertp is subject to a tien which may lrain priority ove� t`'w`:_,
<br /> .. this Securitv 7msuumcnt,Lender may�ive Borrower a notioc idcatifying Uic lien.Borrower shall satisfy the lien or take o;k or
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<br /> mare of e��:a��.i�ns set fonh above witl4iu 10 days of the giving of notice. _-
<br /> '� Fwm 302B 9f��y
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