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<br /> . . TO(iETHER Wi'i'H all the' mvcmeuta now or hereaRer erected oa the ro ; `.�
<br /> � �mp P P�Y•an�:all�easemeats.aPPurtenances.and
<br /> _ 4 ; fixnues now ar hereafter a part of the propert9. Alt seQlaoements and additiuns shall also be covered,by this Security ;
<br /> . � .. _ Instruateut.AU of the fomgoing is referieaf ta in this Securiry Iasuumeat as the"Propeny.' ,� �
<br /> � BORROWER COVENAMCS that Bomuwer is iawfully seised of the estate her�eby conveyed and has the right w gcaat aad
<br /> Y. 5� convey We Prope�ty aa0 tAat t4ie Pnoperty is uneacumbered,exoePt for encumbra¢ces of tecord. Borrow�warrants aad will _ ;�,
<br /> ' .c .: defead gencrally the titIe tb she Prop�ty agaittst all cla9ms and demands.subject co any encumbraaces of recoM. . e.
<br /> . � ;� THIS SECURPt'Y INSTRUMENT combines unifo:m coveaaats for aational ase and non-uniform covenants with limlted
<br /> . __ earlatians by jurisdiction to coastiwte a uaiform sea�rity inst�unnent covesiag real pmperty. �_,
<br /> [I�RM CAVENANTS.Bacmwer and IBader oavenast and agree as foUows: ��.:;
<br /> , -.—���°° !. paynaent o4 Prindpal and�Ynt,erest; PrepaYmeni and Late Charges. Botmwe��sbzll P�PUY pay �vhen.due the �,
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<br /> �,'F°�'h°�� P�F�of and interest on the debt evideacal by the Note and anY P�Payment and late cha�s due under the Hote. :.� .-
<br /> . --- -� - - Z.Funds for Teae9 and Iasuta�ace.Subject to appliseble law or w a wriusu.araiver.by lxuder,Borrawet shall'pay to :F�:, �
<br /> - . -� ---.- ..-::� ixnder oa the day monthty paymeuts are due uader the Note.until the Nate is paid in fut1..a sum("Fuads")for:(a).yeazty ta�ces � _:
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<br /> . . ., aad ass�ts which may auain ptiority aver this Sec�ity Ia�nt 2s a lien oa tDe Prop�;�(b)Yearty leasehotd payments r;:.,r
<br /> :<:�f , ar gmund�nts on the Property,if any;ts1 Y�Y��:ar pmge�cy insttraaoe gremiums;Etk]g'�arIY flood insurance,p�niums, -
<br /> � ' `4 Y if any;{e�yearly murtgage insurance gremiums.if am�;and{t}�sums Q$yapfe i�p Bvau�f,u I�uder,in accoid2mre va�ib ;��.;
<br /> . - . '";; c$e gmci�tbs of paragraph 8.in lieu of the paymeut cf mortgage insvrance pna��ms.These ixe�aie�adt�"F,s�o�sr ti�ss:" '�•,';'Ct'
<br /> �- .�" i�eader amp, at anp ti�,wll�t aad hold Fundg ffi an amoaat not to e�tcaad�.t@e��sat�3YassEtt i�r a federaliy ;�`-
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<br /> . : :�tai�E�aitgage I�a�rsay tequire fot Bormwer's escrow aa�wtt tm�er the$.�1 R���.����e's Aa.of.. : � t,+�:°�
<br /> � i974 as�euded fi�uut tuae w rime. 12 U.S.C.Section 2b01 d s�q.("RESPA"},uniess aa��.�:�i.�s w the�iids 3��:
<br /> � .sets a tes�r amount.I€so, I,ender may,at aay time,oollea and hold Funds ia aa amDUru���,a.�t�a.3'�.`2essE��rsc�ii, , . �s'�.
<br />_=�`�_� y 4 -� � �•Ixader may es�as�e�a�imt of Funds dne oa tb.e basis of cur�eat data and reasonaDle�.oE�tuics�fiiturc` � '
<br /> ` - -;� . ,; .`Fscraw Items or o�rs�,�n aocotdaace with app�icatdrle law. ,. : : ,. • � r:
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<br /> � -----m.�= The Funds�I�Isetd ia aa institutioa w3�gse deposits are insured by a fed�ril ageacy, iasaumedtalit3►, or eaaty. ' `° � :.:
<br /> � �:.� � �(iaciudlag IBnder,if I.e�der is such an iastitution��t iu say Federal H�oaie Loaa Bank.3xndet sball apply the Funds to pay the .
<br /> . Escmw Items.Ixader may aot c�arge Borrower for•ttolding aad applying the Fnads.aum�altY�Y�S tlte escmw accuunt.br '���f,`:
<br /> . .� . - ve�ifS+jng the Fscmw Iteans,uniess Lender pays Ba��wer interest on the�uads and applica6le law peimits Ixnder w make such : .
<br /> , ...:::`�, a chazge:However,I.ender may require Bonower,�apay a on�t�e charge for an indepeudeut neal estate tax neport+ng-setvice --
<br /> l.--- -� .�".: , use¢by Lender in cunne�n�with tt�Is loan, �iniess applicable law pmvtdes otherwLse. Untess an agreement is made or
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<br /> y� yj-,� .: appl'sCS�d1:12w IeQuims it�[es[iO�#�1id.l.eader&h2U II02 bC tCquiied W pey BoiiOwer 8IIy iriielesi OT eallJinpss oA ih@ FUIIds.
<br /> ;. �t� ;a>�' $otas�iy���ad Ixnder may agc+ee tu..�g,howevet.that interes3 shaIi be paid on the�sm�:I.ender shall give w Barroaier. .
<br /> ? ` � x�`: �.��the Fvnds.showin ctedi�e�d debits us tRe�;,and the pw�pose for wh(c6 each .
<br /> ,,���{ �,, witttc�il:'s�ge.eu annual acoDUa�;;. S
<br /> • ` debit ti��`.s}i�e�'unds was made.'fhe�s are pledged as additIonal securiry fQ���'�by tbis Security Ins�t. _
<br /> .� ;: • If ths Fands heId by Leoder ez�d the aiaouuta Permiued to be held bg.�'+i�a:te law,Irndes shaII aocount w Sorrower ' ':�
<br />. � ..� : ..;..,� for the excess F�mds in accordanr.e'vt�fi the requitenteats of applicable law.If�amount of the Funds tteld by 4ender�at any y'�:�.
<br /> • " , �<�.t�� tiine is z�,tt s�f&cieat to pay t h e F sccm�iv I o e m s w h e a d u e,L e a d e r m a y s o n o t i f y E o r m w e r i a w q t i n g,a a d,i n s u c L c a s e�o c i o�+e r '=.�.�
<br /> - � sba11 PaSi'o�Ixader.tise amennt aec�ssary to malce up the deficiency. Boaower shaU makp np�the deficieacy in ao more than '=_;.
<br /> . '':� twetve monthly payments.at LendePs sote discre6on. �` -�
<br /> ,. : [Jpoa payment in fnll of all avms secvred by this Security Insmem�t,.Lender shalt Prom�dY:ef�d to Sorrower any -
<br /> Funds 4eld by I�nder.If,under paragcapb 21,Lender shall ecquire or seU the Property,Leuder,prior to the acquisltinn ar sale �. �.?
<br /> . -. , `, of the kk�peny,svall apply aay Fu�..hetd by Lender at tfle tip�,Qf acquisitiou or sale as a credit against the s�s s�utgd by �.:%_
<br /> this S�4y�nsitumeaL :..,. .:�:. .
<br /> 3.Applicattas of Pmyments 4i�aPPU�Ig law pmvide�.w�aeiwise.a1t,�aymeats re�eived by Ixnder mider paraBrapbs
<br /> , � a es dae under the Nu `'�second,w amounts ayable imder paragaph 2: �'�.=
<br /> .. .. :.. :�.and 2 shall be applted:fi�st.w an9 4��P Y�. ,��8 � .ec p m er
<br /> ,}`. ,, ,��• "s�.�3.t�imterest due:fourth.w prlacipal due;ansT.l'ast.to any late charges dul:',u�er the Note. .., _
<br /> _ • •��' : ' r:' cbarge�..�es aad impositioas attributable W the Pmperty �-
<br /> . •,:. � :, . . ..`� :� • �?}.+�:�i��es;Lteus.Eormwer s�al!pay aU taxes.assessments, :
<br />. .���'�t�.,'.���.� �� .�;'`�,'':�#�hf�(t!t�iis��attain pr�ority over ttila SeauIty Tustrunnent, and teasehold paymems Qr�oun8 rents, if aay.Borrower sball pay . `.'"
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<br /> `�'�`' � .�� these o��ig�tioas in the manner provFded in paragaph 2,or if aot paid in that r�ier,Bonower shaU pay them on umr directly
<br /> � ' •� ',:� w the petson owed payinent.Boaower shall prompdy furnish to Lender ail mi,aDACes of amounts to be pa:,d�adet this paragapD. . `
<br />. � . ' ' • � if BQaower a�akes these payments direct/y.Borrower�Lall pmmpuy fumisb'uy�I�a�. der receipts evidencin��.�£�payments. .�°_
<br /> 1.; `b.�� �ti . ' Q�oaer sbaU promptly di5�ge any lien which has priuzr�.*}Aver tLi,9��uitY I�unless BoiYOwer:ta);��es in _
<br /> . ',��aS .. arcifia�:'2a��he paymrat of the obi��itct�n secured by the lien in e�runuer aoce�table to Leadt�;l("�)�ntests in goud f�:tli�lien ;
<br /> '� t,°�� .: , �� by;ox`�tt�feads agaiast�4�orcemeat of the lie�in. tegal pmceed�Ogs whicM•"'t�:ttie Lendet's opin[on o�erate�to�t(�Yi�,'the
<br /> '� . �: enfor�ement of the 1'v��r(c)s�ues fmm the ho2der of the lieu an agreemrct satisfactory to Leadee sWsrsiitlaasi�g'L�ts�1en w -'r.
<br /> . . . '�::tbis Sas�it5►Inst�tt�G.'.��ent,�t determines tbat any part of the Pmperiy is subiect W a�iA�arhicb tq�.wf:�ttain.pri4r�y over . .
<br /> � �f tIiis�y.taswnnent.l.eFder c��►,���give Borrower a notice Identifying the lien.Bo�wc�t�ta'i satisfy tht lied or ta$st�r,uc or
<br /> . ` t;; ; �. ett��tt mFi33�'2�on.v set fotfh aboe,�e,�10 daya of the giving ctYaotice. , .
<br /> . � � � . . . -•.• '��<, • ' Form so�28 sr90 .
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