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<br /> .��` � vemerts aow ar hemaRer ererted oa.the pmgerty.aad all e.a.��enients.�u�rT'ea�,�and -
<br /> • ` 7Y7(3e77iF.R WFPH all 1l�e impm
<br /> - . . fixtaces now nr hereafter a pae�of the piop�ty►. Al! re�slaceiue�and edditto�shall alsa be �ve�d tiy this Se�ty . =_
<br /> -. � �: ,..�c Luttum�nt.All of the foregoing is refe�d w in thLs Se�uity tn �mpnt�g t�°pmperty.° . =
<br /> I"'�"'�` BOitROWER OUVENANTS tlmt Bonower is law[ulty seised of the esfate hereby wnveyed and has the ri�Dt to grant and _-
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<br /> � ...- -'- omnre�r the'Fmpecty and t6at the Propert�I�s�,�P�for�w�mb�of record. Borrower wa�sants aad w�l --
<br /> . ,. defensl generaliy the titte W the P►oPert3+agdinst all clsims and demaitds,subject to any enatmbtances of ieaoni. . —
<br /> �' '' ° TI�S SECURITY INSCRUMEI37'e4tRbin�uaiform covenaats fnr aattonai use and non-uniRaim covenants with IImited , ._,_
<br /> ' " ,x ' variations by jurisdtcxion w constitute a wiifomi�s i�s�cm�in�real PT�F�Y-
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<br /> � [TNfFORM C+OVBNANT�.Bmm�wer aad i.eud�r aav�nt aad a�ee as foliows:
<br /> . ��. . �"- when-due t6e
<br /> �-- �., g.Payment:of Prtndgal�ad Inie�ea�PrepaYme�ti'8nd 1.�te Cbai�¢s.Borrower sLaU�nomPUY PaY =-
<br /> r.:�',�. ,`� _.: princ6pal of and3ntet�.st on the debt evid�tced by.the Not�and euyi prepayment and late chadcges due uader the PTote. •
<br />`�;<; � '-.:;-'�,; � 2.F�tds for.Texea aad Ynsasarme.subject to applfcabte taw oi ta a vvriuen iiraiver by L�der.Bornawer sball pay fa
<br /> , �' .�,:;',r`�,= lxader un the d�Y�Y PaYments Sre dus uader the Note,natii tfle Note is paid in tt�11,a sum(°F�s°)for.ta)Y�Y� ----
<br /> •. ' �j� aad asse�m�^t�wI�ch may aipdnprfarity overdns 5ecutity I�Wm�nt as a liea on the�copeaty:(b)YeaY13'leaseliold payiment� . _-
<br /> �-, ��:Y -,� or granc�d rents an the Prapecty,if�ny:(e)Y��Y���PmP�9 instnance premiums;(d)YearlY ffaod�gr�miams. � . • .
<br /> ``::�.t:: � ff any;(ea Y+�r1Y�tortgage i��arance premium4.if anY:and(fl any soms payable by Bomnwer w La�der, in socusdapce aritt�
<br /> •�;��- tlte pmvtsions of paragrapb S,in�Hw of the pa7�t of�nortgage insuraace premiams.These i4e�ns ate calted°Escsaw.uems-' --
<br /> .,':. :�c ,, Lendes�nay,at ar►y Hme.coIIect and hnid F�mds in an amount not w exceed the t�ira�i amo�tt a lender for'a fedeially
<br />-..��-:-��-�-�.;•:�� reiated u�rtgage l�aa may require for Bangwe�s esa+ow ar�couat ander the federat Reai Ps�tase Sattement Proced�e.a Act of. -
<br />.- . ._ ._ c,.���. . l974 as amedded fram tiine to time. IZ U.S.C.5ertion ?k01 er sag.("RFSPA").anlESS��aothsr law that sgplies ta ttiee Fands ,. .
<br /> : �•�t � seis a lesses amount.If so, Lender mdy,ai any time,anileca aud hald Funda in an amount ant m.exceed the tesser amomi�
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<br /> �,: � � : ; I.eader may estimate the amuant oY�imds due on the 6asis of aurent data end reasona6le esti�mCates of expea�ittues of fnwre:, �
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<br /> , ,. � ,E.scrow Items uP o�erd+ise in esco�anoe with applicable.law. : .
<br /> � The F�m�s S1�a11 be fieid 'u►an Ins�oa whose de�osifs are insure� by a�edeial ageacy, �mentaltiy. or�uitq:' -- .
<br /> t „,' (�ncludiag.Lendcz,if Latder is such an insHtutionj or in aay Federat Rome Loaa Bang.Lender sha11 appiy tlte Fonds.'w pay the . -
<br /> -:��: ' ' � • `� ,Fscmw Items.L�ender may u�s�targe Borrower for holdinffi and agplying the Fuads.annually anaiyzing We escrow acoo�mt,o:
<br />+-;:�;��;�,.. �� �X ,verifying the�SSrow Itea�s,,�.;ess L�ttder p�ys Borrower interest on the Funds aad applicable ta�v.P�tmits I.ender to make such � .
<br /> ,. � �- ead�t c�ab,kState 1ax teporting servioe..
<br /> � a�harge.However;Lender m�y iequire�wer to pay a one-time charge for an indep:
<br /> ' �', , 'used by Lemder�u}sonnecxion with this-�`-,�. w�tess applicabte law�mvides uthernrise. Uafe�.;as�agt+ceement is niade os
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<br /> ,,:: �plicable taw requires interest w be paid;�er sha11 nnt be requi�etl w pay Eorrower a�r iute�tf�i�mings an the Funds, _
<br /> s'�,� �;ii;s'i.. ._�4ri_si�nwcr and l..e,rider-mag aeree ia.arritin�,hnweve��3i�tEr�st sha11 be paid un the FoRds.•'1,+��'.��`_.s�..�.p„�iv�;f'm Bor�ower, _.
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<br /> � ' �,i��'r.�� � wititaut charge. an�mrai�socaunting of the�unds,s�r-u��credits ancl Qqbits to the FuncTs an�:�.�a,�.���d`:^�r7uc`fi�-- .
<br /> � ..,1���� debit w th$�4±ud.4 was�eada.751e FuAds are p2edgect as ac�ittonal secarity for aU sums secured 6y..�Sewrity Instramen� ,r'-' :,
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<br /> .. ,,•.��, .. . Iithe F�fuc't�held by Leader exc�ed the amounts pem�itted to 60 6eid By applicabte law.�_'shall aseonnt to Borra�v',�,���.,
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<br /> ;,,�Q:,, �'� ..',, �,;,,, for the exces�Piinds in accordance with the requirem�nts of applirable law:If the amoaut of the�wnds.hetd by Lender at at��:`'`.
<br /> :`•"-,,;, � �... , t�me is nfli sufficieui to pay ihe Escnow Items when due,l.endet way sa nodfy+Bosrawe�r i�wciUng,and.in s�ch case Bormwar�
<br /> 'r"' ° �� �_,� sbaU pay to Lender the amount necessary to make up the deflciency.Borcawer shali��3ce up the deficiency in no inorB th�4' . -
<br /> >. . .
<br /> � `�. f tweIve momhty payments,at Lender's sole�„^r�tion. . . .
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<br /> :.� ` s Upon payr�nt in full of all sums�ct�x4:by this Sear�ity Inm�mnent, Lendqr shaIl pm�?��rgf�nd td$arrower any
<br /> � Funds hdd by I�Euder.S.under paragaph M���nder.shaU$oquire or�ell.the Pmperty.Lender;�ho the'acquisiaob or sale
<br /> �"E .
<br /> ' �:;� � of the Ptoperty!,shall apply any Fnnds heid►p�IIr�3er as:thc time�of acquisition or sale as a crediY�gainst the sums secured by
<br /> � � ,;�:�? ttils 3ecuritylnsuament.. . � .'� . . � • -
<br /> . °.;a�-� . � 3.Appllcatton o�Payzncats.UNess��2e isw provides otherwise.a!1 paymeats receivec�,by l.ender uuder paza�aphs- �-
<br /> � �,z i aud 2 shal!be appiied:f5rst,w anY PrePaY.raent charges due under the Not�:second,to aarautr�'s:pay,�ble,under paragraph 2;
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<br /> t=�L s "�T thir�l.to interest dae�fourth,w principal due;and last,w arry late cbarges due nnder�the Noie.. `.�:;`: � '
<br />_.� � , d.Cl�rgc9;ldens.Borrower shall pay ail taxes,ass�ssments.charBes,fines r�n�.�Posinoas attributribie tu the Fropei�y
<br />_` �,�l. .. �; . " .�arhicb may attain priority over this Securit�Inswment, and leasehold pnyments ar��t�acl reats.if any. Borrnwer shaII pay
<br />— ,:
<br /> � ��° �� th�se obl3gaGons in the manner pmviQed in pacagraph 2,or if not paid ia that manuer.�otmwer shaU pay the�oa 6me directiy
<br /> .. .. _:��+ • to the peJson owed payment.Bonower sh�li PromptlY fumish ta Lender ali notioes�of amonnts to h.a paid under ihis paragrayh.� �
<br /> - . `::;,. y. � xYBorrawer malces these payments directly.Borrower shail pmmptty fosnish to Lender receipts ei�-��'�cing thC�tayments.
<br /> Bomower shabl pmmptly discha:ge any Hen wluch has prlority over this Security Instnunent tirless 8ormw�e:(a)agrees in .
<br />--,t,..'. . wrtting to the payment nf tise obligat�on secured by the lii�n in a manner aoceptabte c►i�nder:(b)��ts in�'�fa�th the l�en
<br /> . :�,;.; by. ar defends a�sinst enfotcemeni of tho iten in, te�a1-pmcecdinga which in tIDe��det's o�,i�i�s 4g�c�G=.�t�prevent tae'
<br /> �+4�'• enforcement o�,the lien;or(c)secur�es froitt the ttoIder o�the Uen an ugteement sati§�.,Yp�ut fc;��sistr�stii�ing the�lient irr;.
<br /> +h':
<br /> t this Secucity tnsttument.If Lender deteicntnes that anY.;PBrt of the Property is su6yze.ti��s L'�;•�ti�'c�may attain pr�ority o�hs,�;,..
<br /> ch9s Sesurity I'as�trament.L�ler may give Honower a;ttotice identifyi�g the lien.tioyroaer shaS�saasfy the lies��r take one�
<br /> _ � _ �..�,,..�,..'t���. �ore of the ac�9its set foitb�R►ove withia 10 days of thC$iving of noflce.. ' ; � `-
<br /> • . . � , . ,":: . ' form 8028 918Q -
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