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<br /> .� `' ' TOt3ST�€�t W[TH aU the impi+nvemsnts now o:hemafter ec�an the P�Pert�►,and all easementa.appurteaaacc�.aad . '
<br /> � ' fixnu+es nnw or hereafter a Qart of the pmperty. All t+epl�ts aad.additions sball also be oovered by this Sec�uity . '.'e `�:.
<br /> t ' .-�--�-�� � Insuameat.All of the fore8o�ng is refesr�d to in this S�auity tnstrumeat as the'PraPerty.� �
<br /> .. ,_:� BtIRROW�t COVENRI3TS that�msrea is lar�feilly s�ised of the estete hereby wnveyed�d Qas tlise right to graat and
<br /> ,.?�'.�L:V o �� � � eonvey the Property and that the Pmpe:t}►is�mencnmbend,excepi for en�,vmbrance.s of�ecatd. Borrower wan�ants and will " •' :
<br /> `` ' � � defea�genenUy ti�e dtie to the Pmp�rty agaiast ail claims and demands.sub3�t to any encurgbraaces of�ecoM. 4 . �
<br /> .t., - ' Pm rry �
<br /> . �_- '�_i�-' r�ys OA �M'V„ cTAt __o,�hirtaa�mif�tsm Mvenetlts fas il2ib�1 USC elld IIaIIaIII�'OIm COYCII3i1L9 WIt11 I1III1LCd - '�L�
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<br /> � :..�rc � - v�ationa by juris�tiort to c�anslitutc a uniform securltY ins�meut ooveritfg teal ptopenY• �:--
<br /> • UNIE�IRM COVENANTS.Bomnwer andl�nder wvenant and a�ag foIIows: . Y-
<br /> • " 1.Fay��nt of Ps1nd�1 ead InY�ea+�t;�Yment an��te C�atg�. Bam�wer sball pmmptiy pay wLen due the �.:
<br /> , . , � priacipal af aad iateresst on the debt evidenced by the Note aad anY P�Y���laze cLarges dBe uader the Note. �''�-4��
<br /> ..s' . ter t
<br /> ' 1'.I�mids for T�es and Insm�anse.Sabl�t w applisab2e law or to a arrIttea waiver Dy I.ender.Borrow�er shaU paY to
<br /> , � I.ender on the day maa��►Paymenis at+e due ander the Note.umi!the Kote is paid ia fiil1.a sum(`Fuads')far:(a)Y�Y� =
<br /> , �` °•; and ass�wl�ic3�may attain p�torlty over this Seauiry Insauanent as a Hen on the Property:f b3 Y�Y te�asrhold paymeats -
<br /> � " .. or gcumud renis on tbe PropertY,if airy:(c)YearlY ha7aN or Propert3►insvraace Premmms;(d)YeartY flaod insnraace premiums, -
<br /> � •>
<br /> . .;'�_; . . if aay;(e}Year19 m�insuraace p�mms. "sf anY;�d tfl�Y�P�le by 8orrower tb leader,ia accotdance witit
<br />'�` ^ ' the yrovisians of pazagcagH 8,in lien of the payment of mortgage iasuraare premiu�s.Zhese iteYns ace calted°Esccow irems.•
<br /> == �-�:�'<.y• Leaslter maY,at�Y tUne.rallect and hold Funds€�t aa amount aat w exoeed the maximnm amnunt a leader fora federatiy = �-•
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<br /> '` ���y' relaied mait�ge toan may�1re for Bo:mwer's escraw aa:ouat imder the federal Real Fstete Settlement Pcosxdu�Act of � .,,
<br /> u : ; I�74 as am�ded fmm time to dme,12 U.S.C.5ectiioa 2601 et seg.('�SPA").unless aaother.law tHat appl�es to the Fuads -
<br /> ', ... . . .!����i sets a lesser ammmt.If so.Leader may,at anY time.collect an3 hold Funds in an 9mount nat to exceed the lesser amoua� :�
<br /> L�der may e.atimate the amo�t of Fmids due on the basis of cuaent data and�asonable esdmates of expendimres of futun � �`
<br /> ..... �.
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<br /> .'". . �`' F�ccow Items or otbecwise ia saa�idaafle ar�sh applicuble laar. :..
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<br />.sr .. � ;, ,; The Funda aball be held ia an institation whase deposiss aze lnssued bY a federal ageacy. �y, �Y
<br /> �; ,...,:< . '.... ('mclud'mg I.reader,if Lender is sardi aa insatntion)or in any Federal I�ome Iaan Bank.l.ender shall agply tiie F�As 3o pay the �;
<br /> � �� �. ,'; Esaow Ite�s.Ieader may aot cha�ge Bomow�r for koldiag aad apPlying t�e Fimds:a�nuaUy analyz�n$t�e�cra�v accou�.or - __
<br /> �, k vetifying the E�cmw It�ms,vnless L�ender pa7►s Bonower inie�est an the Funds m�d applicable laa+petmits Leuder w mate sucb
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<br /> �' ` �a cLarge.However,Lender map ieqaire 8osower w pay a one-�me charge for aa independent real estate tax re�ortiag service. � •
<br /> �: ' _—..
<br /> '��: �'�``�,���: � �. � used by Lender in connection with this loan, �mless aPPltc�ble law provides otheiwlse. UnIess aa agrcement Is made or �..:.�_.
<br />�� . ,. ,r appl�aable law reqnires intet+est W 6e paid,Lender shall not be req�ired w pay Borcower any interest or eamings on the Funds. .. �--;
<br /> _ _ �'� �; Bormwer and Lender may agiee in wridag,ho�ver,tbat lnierest sLall ba paid oa the Frmds.Lendee sl�all gtve to Bouo�q�r. ' ;,;�;_:
<br /> ,K,.�� .-. : � �. withot�t c�uge.��mnal acco�mting of tbe Funds.shawing credits aad debits W the Fuads and t1�e pntpose for which each ;_-_
<br /> ;. �:`: . . . de6it to the Fuads was made.The Funds aie pledged as addit�onal securjry for all sums seeured by tbis S�curIty Insaan:eat. � � �,
<br /> . � . If the Funds held by Leader exceod the amo�ts peimitted to be held bY aPPlicab2e law,I,endec shajl account to Bo�rowa . .. __
<br /> . � :'�: � for the exc�ss Fands in acco�ce wiW the�of appllcable law.If the amount of the Funds he2d by Le�der at a�y ::n�
<br /> . � � tlme is not suffcc�ent to pay the Fscrow Items ahen dne,l�nder may sa notify Borrower la writing.and.in snch case�osmwer �`�r,,.::
<br /> . ' , � �. `;;. -
<br /> ; .� . 'sba11 pay to Lender the amount necessmyr to makc up the defidenc.y.BoisoWer shall malce up the deficimcy in ao more thaa
<br />��� �' ` twelve mantWY Paywents•at lxader's sole discretion.
<br /> � '. � Upoa Payment ia full of all sums seaued hy this Security Inshumeat, Lender sLall promptIy r�fand to Borrower any '.-
<br /> �� ' � � ' � Fuads held by I.ender.If,under pazag�aph 21,I.ender s�all acquire or sell the I�ropesty,Lender,prIor to the acquiaition 4r sate �; :
<br /> �; _ ;:� •; ��._'��.
<br /> ��, �.1 `; of the Property,ahaU apply any Fuads hetd by Leader at the time of acqulsit�on or saIe as a credit against the anms seared by
<br /> �•�� . ' ��"'� this Security Iasuument. � '�`
<br /> . :...��� . 3.Appftcntlpn of PaymeaYs.Untess appl�cable law ptovides othesvvise,a11 FaY�nts received by Ixnder under paragrapbs . :',""
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<br /> " • `� ' 1�2 shaU be applied:first,to any+P:�ayment charges due under tHe Note:second,to amounta payable uader paragraph 2; � - -
<br />. � . ( ' thir�.to interest dns;fotuth,w PriaciPaI dae:aud last,w azry late charges dae under ahe Note. , .
<br /> :,�+ �i:;' 4.Cvargesi Lieas.Borrower shail�pay aE�iaxes.assessments, cbarSes,fiaes and imposidons amibutable to the Property ' . -.
<br /> ` � �'° wLir�may attaia prlorlty ovet this 5ecuriry t�^uument,and leasehold payments or gr m�d rents,i f any.B orrawer s b a U pay
<br /> ���.: � ' � these obligatations in the maaaer gr�svided in paragaph 2.or if not pa�d ia that maaner.Botrower shall pay them on time directly '
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<br /> �� ' : to the person owed Dayment.San�er shall prompUy famish to Lender aU noflces of amounts to be paid under this paragraph. __
<br /> �;�... � � If Bormwer makes tbese payments dlrecdy,Borrower shall pmmptSy fiunish to Lender teceipts evldencing ihe payments.
<br /> � " Borrower ahall promptly discLarge any[i�which has priortty over this Securiry Instcument unless Bomower:(a)agrees in
<br /> � � � �� � � wtiting to the pay�ent of tho obligation se:�d by the lien in a marmer acceptable to L�nder;(b)conte.sts 9n good fai�the liea �,
<br /> ��``� � ' r�o which ln the Leader's �n3on operate to revent tLe
<br /> � � by� or defends against enforcement of the f:en 9n. 1ega1 P ceedinga oP P � ",:��:,
<br /> ;ir:. �.. . . ��
<br /> v;;,.. . : _ enfozcement oY the lien;or(c)secures from the holder of the lien an agreemeat satisfastory to L.eader sabordinatiag t�e lien to ;,,:
<br /> � � . thls Security Insuument. If l.ender aeteradnes tLat any part of the Property is subject to a llen w L ic b may attain paorlry over ."'.'?�•
<br /> � . . � � this Security instn�ment.I.ender may give Saaower a nodce identifying the lien.Bosrotiver shall satisfy the lien or take one or . _
<br />'•�� • •� � more of the acxlons set forth abuve withla IQ daya of the giving of nodce. � ,
<br /> . .• • Form 30 J90 • -
<br /> ;, �. • ��eVWEl;n��.m Pagotot8 wuas: . ...
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