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<br /> T006TNBR WITH�Il lhe impe�uvcmcnt�onw or herwAe�era�ted an�ho propeAy.and�11 e�sranonu�oPPuhenu�cs,and
<br /> Qxlurca now ar hen�fla� � p�n oi the PropartY. All repiwooments wd additianx siwll �Iw bo coverod by �hi� SxuMity
<br /> - ---�- ln�tn�mem. All oP tho fonegaing is rcferaed ta in thin Socu�lly lostrumau m�thr"Propeny •
<br /> BORROW�+R COVBIVAIV7'S Ilw Bortower ia l�wNlly seicod at the eslwta henby oonveyod�nd hiw!he�ipht to Qrant�nd
<br /> mnvoy the Pmperty and Q�t the Propctty ic unencumberod.esapt for encumbnne�iiP recc►td. Rorrawc�wunu�u�nd wlll
<br /> defcnd geoerally the titla to the F'raperty�ainst all cloima a�d demmdc,r�ubject to any et�cumbranax of rornrd.
<br /> THIS SECURlTY INSTRUMBNT oombinca unffarnt covenoMa f�r nw�ional u►e and tan•aniform covenw�u+wllh limilal
<br /> -- - varlations by ju�isdictian w rnnstitutc a uniform secu�ity imtrumem eavering rcad prupehy.
<br /> ---- ---= �� UNIFORM COVENANI'S.Barrower nnd l.ender rnvenant nnd Agrce us followA: .�_
<br /> 1. P�yYaeat ot PrinclpNl�nd lota�ti Pn{�Ymeat �qd LatQ ChwRe�. Bamnwer shpll promP��Y PAY what due the
<br /> ` principal af wnd imercsl on thc dcbt cvidenoed by the Nute w�d any prcpayme�M wid Iate chnrgr.►dua under Ihe Note.
<br /> �'��� 2. E�undo tor Twces And Inaurance.SubJoct ca nppNcublo low or la a wrinen waivcr by l.ender, Ilonuwer efwll poy to
<br /> :;m;'.
<br /> - Lendcr on thc day monthly paymems ane due under the Nota.until�he Nde is paid in full,�wm 1'Fwds")for:(a/yearly�axes
<br /> — �nd�ma which muy attain prio�l�y ovcr thiR Secu�i�y Instnunerw as a lien on the Property:lbl ye�uly Ieacd�oW paymaMs
<br /> or gmund rents on the Propeny,if any:(c)Yea�1Y iwzaid or property i�rance premiums:ld1 Year1Y tiaod insurw�oe Premiva�.
<br /> -- if any:te)Yearly mortgagc insuramY premiumY. ii'any:and li)any sums payable by Bomower to Lende�. in aceo�dan�x with
<br /> __- tl�prnvisions of pa��raph 8. in lieu of thc paymem of mortgage insumtxe premivau.11�ese ile��re called'Escrow Item4."
<br /> . Lender may. at nny�ime,collect and hold Funds in an amcwnt not to exceed the msu�imum wnount a lender for a federally
<br /> °- i't;� rcluod m�mg�ge loan may requi�e for Bortower's escrow ocn►unt under the federul IQex! �:stute Se111ement Procedures Act af
<br />-'`� �•:,1� 1974 ux amended from dma to time. 12 U.S.C. Section 2601 et seq. ('RESPA'1, unless aurNher law tFwt applies ta the Funds
<br /> __z sets a I�ser amount. li'sa. l.ender mAy.at any titne, collect and hald Fumis in an aowuot ix�t ta exc�eed the lesser amount.
<br />,:�;;:.-�_�-.-� . i:.tsder may sstimste ttte uttmu�t af Tuads du�: �•u if�e basis uP wrrcnc�uiKi�ryauiwLir c.ti��wiia��i��Fti��i{ti��cs�f i�iur.; -
<br /> r';�: 6ze�ow ltems or otherwise in aaordan�.�e with applicable law.
<br />�`''`--`--'S'-�..� ;:�'�+:�ji��,;
<br />-_ ��---�"'�--� �.„,�,y , 'ftk �unds shall be hcld in an ia�titutian whose depu�et�. pre insurcd by a feck�ao a,�ncy, insttumcntulity. oc rntity
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<br />..��; , �,, � , 1.,�, (ir�cluding l.ender,if l.ender ia such an in+lituti�nl or in any Fedcml Hame I.oan Bunk. l.�nJer shail apply the Funds ta pay the
<br /> •'_,,}�s ,,�� w' ' '�.sr�ow Items.Lender rtwy not chazge�orrowe�fw holding and applyin€the Funds,annuWly analyz�nF the escrow acrnunt.or
<br />__:^� !y'°? ve�iying the Escrow Items.unless L.eixler pays f3arrawer interest on the Funu1:;and applicable law permits I.ender to make such
<br /> ;�;�
<br />— , A ChAf�a. However,Lender may reqnire Borrowcr to pay a one-time charge for un indepencient real estate tax reponing servioe
<br />- ' �uxeci hy i,ender in cannection with this loan, unless applicuble law provides othenvise. Unless an agreement is made or . •
<br />-".'�}�� appllcuble law requi�es intercst�o lk paid,l.ender shull not be required to puy Bprrower any ioteresl or camings on th:Funda.
<br />-::�r'; �; Borrower and Lenckr.»ay ngree in wdting. hawever. thut interest shall he pai:�an the Funds. L.ender shall give to Borrower.
<br />:�i��i�FA `�' without charge, un unnual accounting of the Funds, slxiwing credits and deb3as to the Funds and the purpose for which each �,•
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<br /> �,r;�� �� debi�io the Funds was made.The Fundu urc ptecJgc�l uy+�iditiu�wi�:uritti tor a��;u�iti�secured by this Sccurity fnsitar�xrit.
<br />��:'t;, . • '� Iff the Funds held by I.ender exceed the amoun�s perniiued to be heid by upplicabi�luw,Lender shall accaunt ta Borrower .
<br /> � '.� ' ;
<br /> �`'��!� • f�a�efie excess Fundw in uccordunce with the requiremrnts ot nppliruhlr I��v, lf Ihc nmount af the Fund�held by Lende�at any
<br /> an�• ,�`�"'�',.
<br /> �, �` � . . - time is nw au�cie��o pay the Escrow Items wh�n dae,Lender mu}•ise�notify Barrnwer in wrilin.,und, in such case Burrower
<br /> .+..,, �:.,. . :.,;:. ,_: -r ,
<br /> � ,��h,,,��±F��•,:,,'` sl�ull pay �o Lendrr t�hc um�iunt nece�sary to makc up Ihe deflcienry. Bt�nower sfiall m:ike up ihe 4�riciency in �w more lhan
<br /> w
<br /> '°: Y,��j��y',s:, twelvc amnthlY pAYments,at l.eixler s,nlc discrction.
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<br /> �, �,,,j.:;: ,; Upc+n payment in full of nll sums secured by this Security Instn�ment, Lender shai� pramptly refund to Borrower uny
<br /> - '��'�';'�i~• ' '�' � Funds held by l.ender. If,under purugruph 21.L.encier shull ucyuire or seU the Propeny.Lender, pdor tn 1he acquisition or sale
<br /> �. ,. ,. ; .t• _
<br />_ �"-'�'�"�R'` �' af the Pro rt , shall u 1 un Funds held b LcnJer ut the lime�f s�c uiRiti�m nr sale as a credit u ainst the sumF secured b -
<br /> - Pe Y pp Y Y Y 9 F Y �;- -
<br />. ,�, �, •:•.- •',._ a,-. thisSecurity Instn�ment. �'
<br />°�' �.Applkation otPayments.Unless upplicuble luw provides ntherwise,�II paymen��received by �ender under paragraphs =°
<br />"��_�:- ---- �- ! ar.�+ 3 �hs!!be applfed: first, to uny prrpnyment ch�rrge�due under rIM NMP; uroiui, +n,�mnumc payable under paraerxph 2: �.-
<br /> '� ' = '''��'° � thi�d,to interest due:fourth,to principal duc:AIKI IAtiI,to any lute churges due undcr the No•te. ['_-:_
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<br />�,�w•,; 4.Charges; Ltens. Bormwer shall puy ull taxcs,usse�smems,rhur�e.r, iiner uncl impositions attribu�ablc�n the Yroperty
<br /> -r ='a �;�� ,,.�. ; which may auuin priority over this Securiry Instrument, and leasehold payments ur ground rents, if nny. Borrower shull puy w'.=°
<br /> '=:=° . '7' s""``' ±:�"''" thcse abligations in thc munner pnwided in p�ragraph 2,or if not puiJ in thut monner. Borr�wer shull puy �hem on timc directly •.,:,:
<br /> - `�.:' ,-�'''�..,•� to the�+cnnrt m��e�i p;�ymeM. Rorn�wer vhell pmmptly Purni.h lo LenJer ull n�itirr�:of anHx�nl.tn he paid under this paragraph. --
<br /> �T """''�":�"'��'`'•`" If Borrower mal:es these puyments directly,Borrower shnll promptly fumi.h t�i L.ender receipts eviJenring the payments. °`�r'
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<br /> . �;:.' Barrawer shull pmmpdy dixharge any lien which hu.�priorily��ver this Sccurity In�trument unles+Bonawer: (a�ugrees in
<br /> ��'.� ���.?M;. •.�.:. �'�''.
<br /> � - writing tn the payment of the obligntinn secured by the lien in u nwnner accepioble to l.enJcr,(b>runte�t�in�cbd faith the lizn �'r.
<br /> ~�'�''i'�;- , by, or defcnJc ogain�t enforcement of the licn in, Icgal prcxcedingti whirh in thc I..end�r'� opini�m opera�e t�� prevent thc -
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<br /> �•'=� �..�• enfn�cement of thc licn: or 1�)u�ures fmm the Ix►Idcr i�f the licn un:igrccmcnt uiti+fur�nn• t��I.cixfer xuhnrdinuting�he lien t�i
<br /> �.��t�• ••rr., .�, .�
<br /> - �, ��. :. •. Ihis Securiry Instrun�ent. IP LenJer detrnninc.�hat uny part ��f tM:Pru�riy iti whject ���a li�n which ma�• i�nuin prinriry over
<br /> ,. �' � ' d� . this SecurBy�Imtrunknt. l.enJcr nwy give W�rrowrr a noticr iJentilj•in�, thr lirn. Burra��rr+hall .un�fp �he licn or takc one or
<br /> ' more of the uclions ae�fonh utwvc within IU Juys�►1'the givin�ci1'n�Hi�r.
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<br /> . �'� .i�,: Form 3028 8/90 ��;.
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