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<br /> ' :�'�y � . •WGii7Glt WtTH all the impruv�enis now ar deceafter�aa tDe prapeaty��Cil PACatNP�p}�}�'�►p}�9��p� nwA . - .. •� '.•
<br /> ' .y.r W��aaw��Qii4 ��
<br /> � Hxwies naw ar Qaeafter a�t of the F�P�Y•A11 iepla�ears and add�tinns sLaII aLso be wvered by t�is Sc�riry Ins�me�t �� f;.,.. : -
<br /> �`.' .i � �� All ofthe fore�oing isreY�d to in this Sec�itp Insaumeatasthe"Pragcaty" "..�'°:�� .::=� ::-�-
<br /> <. .. :- `• '� $ORR09YHEt COVENANfS tLai Honuw�is iawfaUy seised of the esta�e Qeleby canvcryed aad das ttte right o�grant and
<br /> , ..�;,. . .
<br /> ... �Y �D�3►aad d4ai tRee Property is unedc�nbe�ed.eucept far euwmbsanccs of necnrd.Bonower wanants and will .. :'..
<br /> ',.,r .-..,_ oon the �
<br /> :'.`� ;�` defend gearaalIy t�e titte tQ the Ftopr�ty 2gSf[t$t ell claims en�dems�s,suh�ea ta anY¢uc�mmbianc�s a�f record. �` .�-� "° �.
<br /> �'� . TfIIS SECURITY INS'[RUN�i3T rombine,s miifolm wvenants far narinna!ose an8 nan-unif�m covenaats with limited � �"� :
<br /> variarions dy,jurfsdiqion w can�tute a uniform sec�iry insor�eut caveeing real pmpe�ty. � ° ,
<br /> •,.`�. , LmtIIaDRM CUVENAN't�.Barrowerand i�adQr�veoaatead agcee as folIow� - � � ,.�;`'
<br /> ' � 1._i'�yutent o P�1act�a!aud Int�est;Pirepapment anal Late Cbmg�. Bormwc�r sLail pmmgitY PaY when dae the �. � +:
<br /> -_ _ - prtaapal of and�on the dsbievidenoad by the Nate aad aay gr�gaym�tand tare c�mgcs dne smder the totot� --. . -. -_,:-`
<br /> � . 2.F�t d s�o r T a s¢s a n 0 I m s o r n n� S u b'a c t o� ��"•=`
<br /> `�'Y� 3 BPP I i m b l e 1 a w q�to a anit�n waiver 6y Lettdea.Baaawer sAa21 pay to
<br /> . ` I.��oa the day mantbly payme�ts aze due umdea the Nai�ant�tAe Note is paid ia fW�,a sam(°Fimds�far.(a)Ye�Iy taxes , `� ' ` �;�_�-
<br /> _` .� ',( _., and ass�s�ts wlucb may aGau�priority over t6is Seciuity Inst�ameat as a t�un t�e Pcopeity;(b}yeatxy ieasehotd payments . �"
<br /> . .. , gmuad ma�on�e Aapeaty.if any;{c)Y�Y��p�P�Y�P��s:(d}Yearly►IIood iasiaanoe greiaiums,if � . ,�. F...__-''�:-.
<br /> ' �. BUY:te)Y�Y�e�ce premiums.if�Y:and{�auy sums Qayab2e Ey Bar{awer to Leader�in accarQance whh the
<br /> . . ptmrisians af FaraBeapb 6.ui lien of�e paymeat of wortgage ms�auce pie,mmms,Z4tese iterns a�e called�mw Items:° `� h T :� -�.
<br /> . � � Leudea may.at�y t�e.colled and hold F�uWs ia aou amouut nat w excced the mm�mum amo�mt a l�fa�a f e d e i a t t y telateQ � `
<br /> mmu .
<br /> �j ;, • m a r�e I o a n m a Y r e q a i�e f o r Bomaw e�'s escaow aecu�t uaded d�e fedeaa]ReaTBstate Seulement Ptoced�ucs Act of 1974 as �1- .Y:`;�� -
<br /> • , 8n1CQ�fIOJD!�C t0(im6.IZ U.$C.$�[iOD�01 Cl :•;.:;r-,
<br />_" amo�mt 1f �?•,C�A"�•untess anoth�law that appties to the F�ds seis a tessea � - �' ' --
<br /> �'�`��� - so,Leadar may,at any tiwn�coIIe�aud hold F�s m aa ammmt not to eacceed the Irssex amnun�Ira�er may � .` ' '���--°.--_.__-
<br /> h ' . .r. ��:?_.:,%;-V
<br /> _ est�nate tQ$amu�t of Fands dae an t�e 6asis of carrent data aad�asoaable estimatea of expenditiae,s of fauue Fsc�aw Items or `•��� f '� -
<br /> - ' • ' oHterwLse in a000rdaace with apptic�bte?aw. _
<br /> ` . •• ` � 'I�e F�ds sha11 be held m an institntion whos�depo�ts are iastued by a fede�al ageacy.iusWtctentality,or entity(mc.tad'mg . M =�_y
<br /> -.. L�tder.if Leader is sacb an Instimtion)ar m any Fede�al Home i.oan B�.Ir�der sLall apply the Funds to pay the Esc�aw -- , -
<br /> - • liems.I.e�dea may not cDarge Botrow�far hoiding and applying the Funds,annnaIIy anal}rtin g the esaow accaun t�ar v e r i f y 3 a g -=-
<br /> t h e B s a o a�I t e m s.u n t e s s I.e n d e s pays Bonouiea iate�st on the Faads aad app]icabie 1aa+peunits Leader w make sach a c3�� - -- -
<br /> - iiawevea,Lender may require Bmmwea to pay a onatime charge Pos an indep�dent zeal es�te�r�eyorting savfce nsed bq .
<br /> _ • Leader in co�ectioa wiQe tbis Ioan,�mlesv applic�ble Iaw gmvtdes otheawis�Unless an ag�eeme,ni Is made or.appticab2e law �
<br />'':.,. . � , requires intere,st W be paid,I,endea sGall not Ue reg�red to pay Boaawea any inLerest os earnings on the Fimds.Bamowea and
<br /> ' ���Y���8,however,tLat in�aesi shaU be paid an the Fands.Lender sbal!give tn Bosrower,without c4arge,an �T=�•�_�.,�
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<br /> _ . . °. [ . aanual acco�tmg of the Fur�ds,showiAg aedttv and de6iis w the Faads end the purpose for wl�ch e�ch debit tu the Fwnds was --Yf'--'_='`=-= --
<br /> made.7he Ftmds are pledged as adtitianat secariry for atl snms se�ued by dtis Seauiry Ins�ameuL : ,, �.-
<br /> �� �. � IP the F�ds hetd by F.ende�r eaceed the amovntv geamiued to be hetd by appliccabte Iaw,Lea�der shall scco�t oo Boaowea for --- _
<br /> , ,� '; the e�cess Fnads ue accordance with the nequirements of appticable 1aw.If the amo�t of th$Funds 6eW by Lenda at any tlme is . l„:"a'�:•°'�:--!
<br /> n4t sa�iideau w pay the Esaow Iteans whea due.Le�der may so nodfy Bmrowef in writmg,and,m such case Baaowea s1�all pay . - T; :,
<br /> . � to I�dea the amouut aecessary w mak6 up the defcIeacy. Bomower shaD make the deficien ll ' --
<br /> ;.: monthlY P���.at Leader'�s sole discmtion. °p cY in no moie than twelve , • �„
<br /> ,,.:i:..: , IIPon Paymeut in fall of all sunis sacured by this Sec�ity Insuument,Leaider sha11 promptiy sefand to�o�rowea any Fuad4 -�_
<br /> ea
<br /> , , held by L�a�ccr.If,urtder p�ag�aph��,L�der shall acqaire or sell the Property.Leatd�.Prior to the acquisi�ion ar sale of the . '"
<br /> . �P�9.shaIl apply aay F�mds he�by Le�der at the time of acquls�on ar sate as a csedit againsK the sums seaued by this . � :�-�- —_
<br /> ,_. S�uIty Iasttumc�at . ... _
<br /> . 1 �: 3 ADDltqtton oT P�g��afs. Un2ess applicable law provides oiheaarlse.all Fayments received by Lendar�mdet par�raphs � ;--�_ :--��,�
<br /> � 1 and Z sLall be applied:fust,to anY yrepaYment charges due�1he Nots:second,to amounts yayable cmdra Paia�ragh 2; ' � �'�`'"`
<br /> :' �
<br /> . . � � f Q�ud,w inteacst due;fourth,to principal dne;�d last,w any tata cha�.s due und�the Not�. . � .` -
<br /> � . , 4�hargq;LIens. Brnmwer shaU pay a11 taxes.assess�nenis�charges,fines and impasidons attri'bn�DL�to the Fmpeary: ,. . ' • .,',-°''.'
<br /> ,. which maY aimin priariry over thi�Sec�ity Tnstruraent,and IeasehoId payments as gxound rents,if any.Borra�,-�shaU pay these � ::,_,:.".`��--`...
<br /> ' ob13 ons in the mann� �°
<br /> ; � 8� DrovideA in pazagraph 2,cr i�noi paid in that manner,�iiuw�shaD pay them on time dincdy to the �
<br /> , ,,4 : person owed payment Boimwea st�a1�romp8y famis6 w Lend�all notices of amormts tm i�paid under this patagraph.If . � � •
<br /> - ,:r`::�� � . Harrowed makes these paymen�s direcd�;$orrower shall promptly famish to Le�der receipts e��ncing the paymenta. - . � �
<br /> .:, . Boirower shafl Pmm�Z,discharge any lie,n wlricb Aas prioriry over this Secariry tnstnunent unless Bom�wer:(a)agrees in ' . � . .. .
<br /> � - �� � wri6ng tu the payment af�e obligation secured by the llen in a manner aoceprab(z to Lendea;N)contests�►goad faith the llen -�- .�.
<br /> . .. � by, or defe�ds against e�farcement of t&e lien in,1ega1 proceedings wlucb Ls c'�e Lender's opinion operate W prevent the � .
<br /> • enfoncement of the tien;or(c)secures hom the hoIda of the lien m�ag�eement sabsfactory,to Lender snbardina�ng the li�to - � � � -
<br /> . . ' Uus Security�Ia�suument 1f Lend�ar detenn�nes that any part of the Property Is subject w a lien which may attain primiry ovea tbL9 - � .. . �
<br /> ' Secwity lnstr�neat,Lendea may give Borrower a notice iden6fyia�t�e lien.Borrower shall sansfy the lie.n or take one or mon -
<br /> - . ;' of the acdons set forth above within 10 days of�he giving of notice. �� .
<br /> « . .
<br /> Form 3028 9/90
<br /> ._ � �-BR(NE7c��s�•o� aago2ote • _ . • • .
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