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<br /> � � � '�Y' �O(iET�t vvrt�I an the impmv�ts now or t�eaeaft�aeaed on the prog�cy,aad att ease�enrs.app�ces.an¢ 'st,r, ,`�
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<br /> .,<.3* , . � t� �ures uaw ar heaea8er a pan of ihe pmpetty.A!1 replace�s and ad�fi6ons slaall atso be covaed Dy dris Sec�iry rns�t. ��.�:����•�r. . ��
<br /> `� ,. � All of tLe foiegoimg is�fe,rred no in 12iis Seanrtty Inswmatt a4 the°Fropeaty.° r < , -
<br /> �� BORROW�t COVENANfS tbai Ba�mar�r is l�vfiilly s�d of the est�e�by cunveyed aad d�s the rig6t to grant and , ":,
<br /> . :..�;�.-�, oomey the Progeny a�td that the Ptoperty is unenaunbe�ed,eaoeDt for encumivances of reoard.Boaawer waaaats en�cv�l , �
<br /> -:' C---_---- de€�d g�atiy dts i�[e t€�the Pmy�atq sga�st e�c�suns a�d�ds.subj�t W ss►y�trauuGrsnces of r�ord. ' -=°'�--- -
<br /> . � � T�S SHCIJRTFY II�ISTYtUN�1V`F�mbines uaifosm cavca�ants for natianat use and aoa-nnifoan caveaanis wIt'h linrited . 'T�
<br />_ . . . vQaistto�s by,{�isdicaau m oor�samt$e aniform�ru�ty ins�wnca�t ca+resing real ymmpeat}r. � ,;�..<:: �` ..
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<br /> .`' UNII�RMCOfiB1VAPP1'S.Bomoar�andLead�rc�vea�tanflt�te as folloar� . . �,. -
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<br /> � — i.aray�easaiPr�pu�suQ��repaymeat�i.ate�w. Bwrawer afisii pmmpdy paywf�en due ttne , _ --=, _-
<br /> � � priACipal of�d int�est on the debtevidenced by theNotemmd miy pmx�ayme�t and Iate ctrarges due undea the Note. � � s:�.:�,..`_.'�
<br /> � '��y Y� Z.�'aa6s�ar Tex�and tnsaraas� SaDje�t w applicabie law oT to a mitten,walv�by Lender.Bomowea sha11 DaY � . --
<br /> ' ' L�ndcr on the day montaelY PaYmeuts are due under We Not�,mat�the Not�is yaid tn ful1,a s�m("Funds�far(a)yea�y taxes - -_
<br />:.� •` ; ' aad assess�menta wDscb may attain griarity ova tisis Seauity tns�t as a lien on the RoP�Y:N�Y�Y l�tehotd paymeats — -
<br /> � ..� ,�'�• .. �'� or gtound te�nts ou the Pragerty,i#any;(c}yeai3y ba�ard or gropeny€ns�ance Ps�anm�(d?Y�ir`��P�.� � '�
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<br /> •'< '._. '� aaY:�e�Y�rlq mflrtg�Be�uaace�ums.if a�►Y:end(�any s�ns PaYsb1�bY Boaower ta Lmder.ia ataco�aace svith the „���, :.:_
<br /> • ` pmvisinns of�h 8,•in iieu of the payment of maitgage insv�ce p�emiwmis.lhhese ite�s are cadted'�st�row Ite�s.° _�:,
<br /> `' � ...-r.�,�:°�, i�may,ai any time.eaIIecx mtd 6nld Fund4 in an smtrant not ta exoeed�ma�d�amouut a l�dea Por afecieaaIty retaied —_-_ --
<br /> `';'�.;�. �� � � mosagage t�an may require for Bomnwer's esaaw asxaunt ander the federal Real EspLe SeuYe�t Prooed�u�,v Act af 1974 as ` . �:;:'��- .
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<br /> . amecde0 fco3n time w 6me.l2 US C.Searon?.6lfl e�seg. f RFSPA"j,uWess anoihea law d�ai a�lies to the�ands sets ale�er ` �'• --
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<br /> . � ' ffinnuui.lf so.Le,nder may,ai any time,colIeci and hold Fands m an ammmt aot to exceed the�le.sser$monut Lea�Qer may. , - .
<br /> � , ,'� estimare the amouat of Fuaads d�e mn the 6asis of cu�ment data and reasonable estirnases of ex�d�ues of fam�e Hsccow Iteans or � �� • ___
<br /> ��,� �o8tea�vise in accaid,ance add�applicable laov. �1,r _
<br /> � 's 'Ihe Fands stiall be 6e1�m an ins6mtion whose deposas are msared bp a fede�al'agra�cy,instrum�Iiry,a��tity{inclnding `. � _-
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<br /> LeuQe�if L�dear is sacb�a ias�4iEioa)'os�in any FeQeral Hosne Loan�ank.I;eader sbait apply the Fimda io pay ttis Hscmw f, ;•,�� _
<br /> . , � 4 ` Ite�s.L e a d P a may uotc L a r ge Bomawer for ho 2 d i ng a n d app lying t h e Fa�d s,�►u a t I Y�,►b�g t he e,acaaw ao�ount,or veaifyiag � .;`�''�:°j -
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<br /> •' . y'` `: ;'s the�s�[aw If�s,�ml�ss Le�da pays Boaawe�intet�st an Qie Fands ettd 8gp1fc8ble 12�v�tit4 Lendet to malce saclt$cLa�e. �• �-_
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<br /> �, . ...- ;,i Howevea.Le,nder may requi�Bouower w,pay a one-time eharge for an mcie�endeat�eal�ctate mx repordng se:vfce as�d by �.�,;���•.�---
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<br />�'� '• . .. , ,,.`; Lentdet m canitecaan w�tb tls�s taan,aniess appTieable taw pmvides otheiw'sm Unles�s an agrree�nent is made ar appliczlols law . _ -=
<br /> • ' , requh�s�IaL�t to 68 paid,Le�d�r sball nat be reqaired w pay Baaowea any iaoe�est�e�mings on the Fnads.Hotmwea and �---. -
<br /> `�'� .. 4 Lendea�ay agrae�writing,ho�-�,that inteaest shatl tse paid us ihe Funds.Lendea s1�71 give w Bomawea,withont ctarg�,an ' �-°-�,.-
<br /> �� :. : annual accauuBng of Qie Fands.�tumg credits and debits Lo�e Fands aud the purpose for wbici�each debit to th�Fimds aas ``;�,;,,;:,-�.°`
<br /> '�. . . ;��. ,.�� made.T4e Fuads are pledged as addiaional securiry far all sums seaacd by tbis S�ty Insl�nent : .`....--
<br /> ' � tf the Fanda 6e2d Lendea exceed the amouuta eamined w 6e held b ` ~:�.�.�: --
<br /> �. .:= tiJ+ P Y ePPlicable 1aw,Leaider shall eccount to Bonawea far .�:�.;� .��.,,,,,,,-
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<br /> , .. � •E; the excess Fimds in�ce wik�s tt�a r�quuements of appliCable 1aw.If the amount of a�TM.°.�unds hetd by Lendca at any 6me is � �:.� ,�<,--- �
<br /> ,, ;' . . ;.� nat s�cient ro pay the Fscrow I�ns when dne,Lender a�ay so notify Bosrower in wrifsa�,�d,in such case Bflrcua�er shall pay � � , �,�;K
<br /> ,;.:t��: • �;,; w Lender the amount nec�s�y to�make ap the deSciency. Bormwer shaU make np tae defic�eacy in no mare d�an tvieIve � �`s�,:,.
<br /> , . . � `.� monthiY Payments.at Leatder'c sole discraion. . _i��,_
<br /> `�.r � . - ; Upon payme,nt aA fuU of aU sums secaued by this Security Insuumeait,L�ndrr shail PromPUY refand m Borrowea any Funds . , � �,::.�;:.�-
<br /> :: .,.:�, . • .. i? held 6�►I.�et.If,unQer parapapb 21,Lende�sdail acqnue or sell the Prapeaty,I.endea,prior to the acqai4ition or sae of the � .--.}-�-�_
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<br /> Y ,. li'i FmPeatY.shaU agply any F�mds h�by Leader at the ame of acquisit�an or sate�a az�dit a�nst the sams aec��i bY-Wis . ��
<br /> Y_� ..i, `'� .�'CC1Rj�}I]IISVI]�, . !�"Lh'=___
<br /> .,�_• : • ;; ` 3.Appfl���PPayments. Unlesv appticable law pmvides otherw3sa.all paysnents received by Lmder andea p�a�rapha � .�=x� __,=�:-=
<br /> ��: ;'.,. � . �� 1 aztd 2 sh3U� 11eed:flrst.W aA ent �
<br /> . ePP a� Y P�P� �es dae under the Note:second.w amow�ts payable under ya�aph� , �+=�:•``.
<br /> ' .� third,tti int�est due;fourth.w priacipal due:and 1ast,m any lste charges due und�the Note. • --=_ _
<br /> �� . , . � 4.C�a*ges;�.iens. �orrowa sha11 pay ell ta�ces.�ssessments.charges,flnes and i�positions at�atab2e to 4he Pmperty
<br /> , � which may attain prIority over t'�;s Secariry InsWme��and leasehold ents or h ,��"��� .;;''r-
<br /> °, Paym gr�..:..�re�ts;tf any.Bonawer shall pay these ',. .�:,•.:._,,__:,�
<br /> >;.; . '.. • : .; obligations in the mmwes provided in para�aph 2,or if not paid in that manner,Sono�er shall yay them on Wne direaly tn the . . : .
<br /> ;:::': � yesson owed payment Bmmwea shall promptJy faraish to Lender all notise9 of a�r.�ts m be a�0.mid�r Ws ara � . .
<br /> ;:. � . Bmrowa makes t�ese payments d�e�tly,Bormwer shaII p P 6'�Ph. IE,.• ; .. . . .
<br /> D��P�Y fumtsh to Lender rec�;�evidencing r2ie payme�'ts. � � .
<br />-� . . Bormwer sdaU prompdy dsc�.axge any tien which has priorlty over tlils Se+auity I��urrient unless Bmrower: (a)a�ees ir�. .:,; . � . .
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<br /> ,;�;; � . � .. wri�ag w the DaY�'lent af,the ab' n secured the lien in a manner '.. .�:>�:.
<br /> �ia bY asoePtabte w I.�der;(b)wAtests in goad faith the lieq. .
<br />...' •.� . . � bY, or defea��s ag��enforoeaaent of the llen in, tegal praceeQtngs which in the Lender's inion �:t�`,�` .
<br /> ', .�' ` enfarcement of the lie�;or e sea�es from tha holdea of the lien an a °p °��� ��t the , , . .,
<br /> .• � � () 8reement sarisfaa4ry W I.ender snbordinabng ihe lien to
<br /> :� � , � this Security Inswmen�If Lendea deteamines that any►part of the AoDe,rty is subject w a I�n whieh may attain Driority over this�' � � .
<br />.� " ' . Security Inswment�LenQea may give Bamnwea a not9cce idcnrifying the lien.Borrowe�r sl�all sasisfy the"tten or take or.�ar mo� ' -
<br /> �. �.. • � ; of the a�dans set forth above witliln 10 days of the glving of nodc,o. .. �
<br /> � ' � iorm 8028 9/90
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