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<br /> ` Jn' N�aE:tzewv.iJ3� �YIj'� Y,Y�f45ri .St r - � :`:..' �.nrru��:r�vx..t� .._____ _ .Nt�. J � _
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<br /> _:,,�� 92-. �oi62 �
<br /> 7'OOB7'AIiR WITH all�he improvcments now or hereaIIcr crecicd on�he prupchy,nnA nll eesements,appunenxna:,�nd
<br /> fixluru now or herralter a pan of tho propeny. All rcpiacenknts and aefdiilons xhall nlso be mvered 6y this Strndty
<br /> instrunxr.t.All of thc forcgoing Is refcrrcd�o In�h(s Secudty tn:uunxnt as tha 'Prnpcny.' _
<br /> - BORROWCR COVCNANTS that Itonnwer is Inwfully sciscd of�he es�ate hcreby mnveyed nnd 6as�ho right to gram atxl -��
<br /> _..-- rnnvey the Ptuperty and tha�the Propnry is unencumtxrtd,except !or encumbronces of record. Rnnower warrams nnd wlll
<br /> -- defeM genenlly the�itle tn the Prop:.riy agninst ali clainu and demands,subJxl to any encumbnnca of rarord.
<br /> ----- TNIS 3I?CURITY INSTRU�ICNT mm6lna unllomi mvenams for nailonal usc and non•unl(nm�covcnanu wl�h Iimhod
<br /> vadn�ions hy Jurisdic�lon m mns�iwte u uniPonn security instrumeni mvedng ra�l propeny.
<br />- �-�°� UNI�ORAf COVENANTS,fMrn�wcr nnd Lcndcr mvenam nnd ngr.c ns foliows: r _
<br /> 1. Pnyment ot Pdncfpai anA INrmst; Prcpaymmt and l.a�e Charqes� �orrowcr ehall prompily pay whcn dua the
<br />_= principal af and tntenst an�he debi evlder.ced by�he Nme and any prepaymem and la�e charges due unCcr the Note.
<br />---_-- 2, f•'uncls fm•Taxes nnd hunrn�xc. Subject to applicable Inw or io n wrincn wah�er by tsr.dee 8orrower shall pay to
<br />�-. r.sa I.cnder on ihe day monWly paymems are due undcr the�otc,umll�6e Notc is paid in full,a sum('runds')for.(a)ycarly taxos
<br />-�'=.';'.,� and:usessmems which may allain priori�y over Riis Security Insimment as n Iien on the Propeny:(b)yeady leas.tald paymrr.0
<br /> -�! or ground rcms on�he Propeny,f(any;(c�yeuly hazard or propeny insunnce pnmiunss;(d)yearly Ilood Insura�e premiums.
<br /> ,,`�� if any:(e)yauly mortgage insursnm p:emiunss,if any;and(0 any swns paynble by IIorrower to Lendcr, in aaor�^.nce vrith
<br /> �sf the provizions of paragreph 8, fn lieu otthe plyment of mortgage insurance prcm�ums. These itrms arc called'Escrow Ittms."
<br /> :;;`..r4;S, le:ider n�ay, a�any�ime, mllecl and hoid Tunds in an amount nni to exececl ihe maximum amount a IervJer for a federaliy
<br /> e:%f� relat�d mottgage loan may rcquirc for Iiorro�eer's cscro�v aceoum under�he fcderal Real Cstate ScUicnxnt Pra�durcs Ac�of �
<br /> 1974 u amended trom dme to time. 12 U.S.C.Section 2601 ri rrq.('RfSPA'),untess another la�c that epp�ies to ihe runds
<br /> _,,r�� u�s a Iesser anwunt. If sa, Lend�r ma7r,:� any �ime, mlittl and hold �unds In an nmoum na tri excc«I the Iesser amounl.
<br /> "�. Lender miy estima�e�he amuwit uf F\sn.7>3.ue on the basis of currcr,t da�a and rruomble es�i::c�eti nt crpe,dimrcs of tuturc �-�
<br /> � Es�zow IIems or othenvise in a.mrd:u;a N uh appl icaUle law. ,� -
<br /> ,.� T6z runds shall be t.cW in an Luliiullon whose deposils ,re insured M1p a frdcrai ngency. Insuwuaraalify, or rntity _
<br /> �incS��tlsK ianfer, if Lender Is such nn inui�mioN or in any Federal Home Lo:�n ft:m4 l.ender sh311 apply the Funds�o pay the
<br /> � �:.�- Escroa-ic��ca..lender may not charge IInrma�er for holding and applyin;the Fur.ds,nnnunllc aa:Jyzing�he escrow ettnur,t,ur __
<br /> "-?`'�� vedf�ing dx•�arow Itenu,unlcu LeniY:r c��ys Oortower intems�nn dn Fu��s nr.A a,p:i:nS;e In�t pemii�s Lender to mak..urh ;___
<br /> i-i� . �.
<br /> _ ..�, a charce.63a��ever, Lendcr may requirc➢orro1rcr�o pay a onrtimc charge fiir a:�iedependem rc:�i esta�c�ex reponing srn�ics
<br /> uscd by Ce�der in conncc�lon a�ith �his loan. unless applicabic law providcs ahenvisc. Unlc.cs an agrttnxN is madc or i., .-
<br /> .,-&� u;pticabk 15w requires(ntcres�l0 6c paid.Lcnder shall not bc rcqufrcd to pay Oorro�rer nny ia:cre>t or eamir.ex on�hc runds. ;'S`'.;�
<br />::;>2�.'� Barrox•cr and Lendcr may ngrce in writing, hmeercr,tha� intera�shall be paid on thc 1'unds. l.u+d:r shall gire m 6orro�rer, ��±���_�
<br /> .-'� i+- u•ithnui cha.Y en ennual accoumin of�he �unds, showin credi�s anJ de6its tn ihe �uncis nnd a:r;pnr�xe for which each ;�;,�=-
<br /> ' . .
<br />,.y5_3. 'E 6 ..
<br /> ';;�>Y"�`- J��iv�o�ha Ilir�s'rd ma3e.TL•:furd,:J:plMg�s�wditlenol s,.^curii;fer el!.�m_�Y[lm{I¢::h�c�;g:hp ln��mmem- ''-`;'-'.
<br /> -�;� � 1!�hc Punds held 6y l.endcr exc�tid the amoums permiueJ�o be heid by np{Vr.ahle l�W�, Lendcr xhall nca�unt lo Dorto�eer ��r r--
<br /> �i}j� for the excess 1'unds In acrnrdanR wi�h�he requircmems of opplicable Imv. if�hr amnum�d thc fands helJ by Lender m any U�j '
<br /> ���� Ume Is no�u�Ftiriem to pay ihe Eurow lunu ahen due.I.ender m�y so r.otity Oonower in wricing,and,in such case Oorro�aer �R�;�_
<br /> -. � shall pay w LenACr�he amoum necersxry �u n�.ike up�he deficiencg.6�rmwer shall make up it�e dtficimcy in nn more�haa �1'�� .'
<br /> J'�,
<br /> z�l; nvelre nront;�;y p�yments,at Lcnder's so!.�discrciion. �'.r.:
<br />.,.�'i,:`; �,�;�.`_
<br /> ��,] Upun �uyment In full of all sunu secund by this Sceuri�y Ins�mmen6 Lender shall promp�ly rcPond �o Dorro�ecr any
<br /> �:i1 Funds heid by Lender.If,under paragaph 21.Lender shall nequire ar scll tlm Pmpcny.Lendcr,prior m the acquisition or sale .
<br /> >��r, o(�Le Properry,shall apply any Funds held by IAnder a��he�ime of acquisllion ur sale as a credi�ugainat�he sums secured 6y ' `��-
<br /> ��>'�1 Uiis Securi�y Instrument. � �
<br /> ti'_I 3.Appllca�lon at Pn�ments.Untess npplicable la���proviJes o�henvise,nll paymems recci�-cd 6y Lender nrvJer paragrzphs `� °
<br /> 4 I und 2 shall be npplicd: first, w any prcpayment charges due under�he No�e: second,�o amoun�s payable under paragraph 2; u� �.
<br /> �j`� third,io interest due:faunh.to principal due:and la+�,tn any la�c charges duc ucdrr the Note. � :
<br />-�`%�"+ 3.Cha csp Lfens. 6orro�ccr shall � all lazCS,ucessmrnls,char es lim�cand im +ilions ailribulablt m�hc Pro tl ��� -
<br /> ���y rR P•y � S �. fm- P� Y �. .
<br /> f r , ; wLkh m,ry auain priuri�y orer this Securi�y Inc�mmem, and Ieaccho!J paymems ar ground rents. if any. Oorrmver shnll pay }
<br /> - thcse obligalions in�he manncr pmvidnl in p:uagraph 2,or i(nut paiJ in�hat mar.ner. f7orzmvcr shall pay�6cm on�ime dirce�ly ps `�`
<br /> }� � ;
<br /> ' " �o ihc�nrwn o�rN paynunt. Oorrnwcr shall promptly(umish to Lcndcr all mitices af amoums�u bc paid undcr�his pamgmph.
<br /> � e.` '
<br /> .. If 6orrower maAes Ihex paymenls dircrdy. 6orro�cer�hall promplly fumi�h lu IwnJer ratiph evidencing the paymenls. �
<br /> -�;� 6u�rower shall promp�ly Jisd�arge any licn�rhich has prioriiy oeer�hic S.�.urity Inurument unless 6nrroxer.(a)agrm in '��
<br /> ,�:,-i wri�ing tu thc paymcnt of dic ohligalinn sccur.d hp Ilic licn in a manncr aircp�aM1ir 4� Lcndcr: IM1)contca�s in gacri faiili�hc licn �' :--.-
<br /> ��1�.- b or detenJ�a �inst enfnrccmm�t of�hc licn in. Ie al rateJin�. uhich in ihe LcnJcr'x u mion n croie �o rc�.r.c �hc �l .
<br /> �45. Y. F F P b r' r P
<br /> enforceinent o(�he lieir,ar tcl saurcs(roin �hc hulJer nf�he Iicn an agr Yincm��itif:�doq��„Laxler.ulmtdinaiing 16r licn tn k t ::
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<br /> `�� this Sccuriry Incuvmcm. If Lcndrr Jet.miine.t6:n:my p:m o(�hc Pm�np i..c��r.� �n a liru��hirh map auam prioriq mrr �� �
<br /> 'y�f,��1 Ihis$ecutily Inqrumem. IwnJer may gice Rortuwrr a noliac iJentil�uig Ihe I�en 7�:ro�crr�hall.aii.fy the Iten or laFe or.e ni i r°:
<br /> r��a more of the aAians sel fonh aMirc���ilhin 10 J�c.nl Ihe gi�ing af rmtra �� �
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