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' __ _ n -- - . . <br /> - -_ <br /> "M1 ,.� . . • . ..._.- ._ ...- ..�_�__ <br /> .:..L,.�.a...a._„_----'-. _ __.,�_.._.._. --- ---.. .. - <br /> 98— 1c��o� <br /> TOql�THBR WITH dl the bmprovements nnw or hx►Yafter e�ec�ed on tt►o pmpe�ty,wid all eascn�ent�,uppurtenancxs,wtxl <br /> fixwret nnw �tt hrrcrfter H �+xH nf t�w rm�r.�ty. A�1 r«+I,u��rtk!nta Knd adcfitionc �hall nlr� hc covered by this SecuiitY <br /> Inetrumenl.All of the t��regaing{.r•rcferred to in IhSs Sccurity Instrurnent as�hc`Property." <br /> NORROWPI� ('AVFINANTS that Hc�rmwer is I�w11�Ny titised nf tho cstxtt hcrcby rnnveved aixi has thc rlght to grant un� <br /> mnvey the Property rnd thai mc ���{+eRy is unencumt+erea. cxceM tor encumbrance�oi rcn�ni. nurrow�x warru�n,u.w w��i <br /> ckknd�ener�lly�ho�irk ia che P�ti�penp ugwinst pll claimY wnd dcmu��ds. subJect to eny encumbratxey��f�KCUrd. <br /> THIS SkCURITY IMSTRUM�N'T eombines unifunn cuvennntx for n�tionul uu s�xf nnn•unifarm cc�venams with limitai <br /> vrrlrtfaa�c by juriscliqion to��nstitutc a unifurm socuriry inxtrunxnt cuvering rcal proprrty. <br /> UNIFARI►1 COV�NANTS. Borruwer�nd Lender��venaN ux1�greotv follows: <br /> 1, �,ymRn� ot Prinrip�l �nd Inter�wt; Nrepo�'ment pnd I.nte Cluirqes. 8ormwer shull prouiptly pay when duc the <br /> princip�l af wnd intertst on the dsbt evidettcod by the Nate and nny pnpayment and I�te charges duc u�Kler the Notc. <br /> 2. F�nd� (o� T�xer�nd lta�ur�nce.SubJoct to applluible law or to p wtltten w�aivcr by L.cndcr, Bonowcr shull pry u� <br /> I.encie�an the�y manthly payments orc duc unJcr thc Notc,until ttu Nate ic paia in tull,a sum("Funds")fi�r:(a1 yearly iaxav <br /> �nd assessments which rru�y att�in priority over thiw Security Insttument c�s�lico an the Property;(b)yearly Ieaschc�ld paymcnts <br /> ur ground ttnts on tho Nrop�ny,if any;(c)yeurly huu�r�or pml�crty inse�tancc prcmiums;(d)ycarly fluad insuranco prcmiums, <br /> if nny;(e)yeArly rrartgage insuranee pnemiums, if any;and(t?an�r aur��s pe,y!aA1.G Dy f3ocmw�r W l.ender, In accosd�nce with <br /> �he provisians of pangraph 8,in lieu af thc payment of mortgagc 6nsuc�r,rxro�mmi+uns•'L'Itcsc itcros arc[aJi.cd"�scrow items.' <br /> R.,esxler mxy, at any timo,callect and hal�Funds in an amaunt not ta exceQd tlre manimuitt.�unount a.I.ender for a foderally <br /> nelatod nxxtgago latu►tnuy requiro for Aarmwer's escrow account under the fi�der�l Rexl &state Settte�n�nt Proceclures Act of <br /> t974 as aunetxiod from ttm�ro tin�e. t2 U.S.t_.Scct3on 2ti01 er s��q.l"RE5PA').unless anothcr law that appfies to d►�e�&Lrads <br /> sets a Iesser amou�sc.I�so. Ixix3e;m�y• at any time. cattect and hold Funds in u►umamt nat to exceed r�e lessec:unoune. <br /> Lender mey estim�te the�rxwnt of Funds due orr,the b�sis of curnnt d�ta ut�l re�sanuble�stln�ates ut expendituc+es QC futvxe <br /> Sscrow Ita�►s ur atlKrar:se in xcordu�cc witt��;sf:Ec�le l�w. <br /> Thc F�inds shall be held in �n inst�wtiai whase deposits are iosunxP bp a fe�dcral. agency. instrunxntality,ax eatity <br /> (inciuding Lender. if Lender is such an institutiona or in any Fedecal Home!-.c*an B�nk.I.tnder xhatl apply the Funds to p�y the <br /> Escrow Itans. I.�nder m�y nat chuge Borrower�'wc halding And applying tht �'unds,annus�lfy analy�ing the escrow sccount, or <br /> vr�iiying ii�rx�uw iic�m. uttiess LenJsr pxye Su.��wcr interwt a�thc Fuitds:st�sppilcsble!a!��pttmi!!e 1 t�r to m+►ke!u�eh <br /> a charge. However,l.er�ier may require Bo�rowrr to psy a une-time cha�ge for an indep�ndent rocl estate eax reporting service <br /> usod by I.mcier in caru�ectlon with this Iwm, unless applicabla law provides otherwise. Unless an agcamu►t is nnde �x <br /> appiiable bw ra�uires interest to be pnid.Lender shsill not be requirod to pay 8orrower any interest ar eamings on thc Funds. <br /> gorroM�er ud Leoder mt�y agree In wdting,howevcr. that intercst sh�ll be paid on the Funds. Lender shrll give ro Bo�rower, <br /> w;thout clu�rge��n uu�uil accounting of the Funds. showiag crediu and debiu to the�unds and the putpose for which each <br /> debit to tl�e Funds w�s rnode.The Funds are pledgod as additioral security for all sums secured by this Security instiument. <br /> a��::.�n�s:.cl3�*..�tx s�•`�s� t�x s�•a��'!'�,-�tt�±rf�n i,e he:1d by nppliabla law,Ierder shall aixouat to Boimwv , <br /> far the eaccss Funds in�ocord�ncy vKit�► the requiraments of applicable I�w. If tl�e acnount of the Funds held by I.Cder�t any <br /> ticro;s act�yuffnienc to py tde Ssocmw R4d�wh�►due.Lender rr�y eo ndlfy&►rrower in writing,and.in such case Hanowa <br /> � ��'•'�shall p�y N L�ender d�,a�xwM neot�ary to m�ice up the deftclency.Bortower slull mike up the deGciency in no moro th�n <br /> , �',•, tivdvc nsanthtY PaY��`;4,at Ler.der's sQle d�-_etttion. • ' ,' . <br /> ' � ..; ' '.U�Q!�F�►Y�nt 1+td�iiYl of all sums sa�ured by ttds Securiry Inun�mrnt. l.onder sh�ll promptly nefzam��'�/0 BOITOWt�Aily j ' <br /> �Fur�la hcl�:by I�ender: Yf;under p�ragraph 21.I.e n d er s h a l l�oqu ire or se l l t he P r o p e r ty.G c n c l er.p r ior to t ha a c quisitaq,or sale .., <br /> of d�e`�RC,�e�#y,shwll apply any F�nda held by L.ender et the time of�cquisition or sale ds a er�edit against the swn9�:roi 1 b y <br /> tri�s sect►�il;V 3� �•:, . <br /> . �f�•�, <br /> 3.A o2•fiiymeats.UWeas�pplicsble l�ew provides otherwisc. all payments roccived by Lcnder under pan��ph� <br /> MAkatb�C . <br /> '>�: ,� 1 and 2 shdl be appfir cJ:�fi�tst,tu�ny prep►yment cfiarRes duo under the Note;seca�d,to amouMs payable under pu�g►tipb 2; <br /> third.w inte�+est due;}�'+win'h;'to prit�#�a{.due:u�d l�st.so any late.chugcs due under thc Nae. <br /> �.CMsreet; IJem�.BbrrovV�A shrill':liaY �ll�t��es.as¢Rt4.at�n'tni,,,charges. firKS u�d lmpositions atuibutabk w the Pruperty <br /> wAich wy att�in pdorit��t�vu thi's�S�cutlty Yt�t�Zr�'�t�'��d ZettS��d WY��or ground cisnts. if�ny. Bomowa�MII py <br /> °:,`�", ; thae oblig�tiions in th��innifner Provlded i� xa�'h�`'or ii not paid in th4t nn�nner. BorrowGr ah�l1 pay;them on time dirocfly <br /> . P�*� .P ,, <br /> '���+��.� : to the petaoa owed p�}rt�edt.Borrower sh�U prom�tlY��►'�iah to i,a:der dl�qtices of anounts to ba paid undCr�hia p�ra�raph. <br /> t..� ggorrower m�lca�'•paymeats dtroctly,Bortower siWl pmmptly furnish td�I;ender moeipts evidenctnB�WY�t- <br /> Hormwer ehsll promptly disclwrge xny lien which has prioii3y�over this Security Insuuaxnt unlc:ss Boirnower. (�)sg[xs in <br /> writin�to the p�yment of the oblig�tion sa�ured by the liea in;tt_7nrin1ler aoxptable to Ler�er;(b)oontests in good f�ith thc liea <br /> by. a defrnds�ait�'c�p►foroema�t of ttie lien in, legal pr.i4��,i�Sn7($e wdl¢l!�,In th� I.ender's opinion operate to prevau the <br /> "' enforcenxni af t�e 1`ien;dr(c)secvices fmrt►the holder of the li�n��nagrxqi�rn s�dsfactory to iraider subordin�ting the liai to <br /> thia 5ecuriry Instrumeat:If L,ender.determinas that amy part afi�e�1'ibpecty�is 3ubject to a lien whicl�may Muan prlorit�ova <br /> this 5a:ur�ty Instn�tmcnt,Le�der m;a�•�s�ve Borrowcr a notice iiftp'rii�ing the leen. Borrowetshall satiafy the lien ox t�k�Me or <br /> rtare of the actions set fcxth s�bove+�i�in 10 days of the giving of natice. - , ' �, <br /> ' � . �Fam 3028 �HO <br /> , . • r.A.swo � . <br /> ;,� <br /> , `,• . , ',lZ�,, . <br /> ,. . . , ; , <br />