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<br /> '�1�W('��ll IW 1�OY/p101lti OQW Cf rNrlTMtMrC11R��1 t110�1'ly��Id r1 al�lA11�1. �_.
<br /> °— '- i.�w �iikiC"r.:li�`a/Oi�'8�3'it 8�t�p3+�!'j.-���..,1��ild�!�!!�'.�Q!!d�l01l0 CO�M!!�� ..� ----� ._ -.
<br /> ..�i -�. �����n�s����{OR�a�����y.w � ,
<br /> � �RROWER OOVEN/1NfS d�t Bo�mwer it O�wfUUy iai�!at the a�tMe daaby oomeyed wd Iw d�el�ht b prM . '.
<br /> �od caavoy d�e Propaty and ttwt the Propntty u unm+ct�nbaed.exorpt icr a�aa�brnnoes ot ro�atd. earrower wrrrMr rd
<br /> � will defend�a�er�lly tUe dUe 10 tbe P�'oPerty apiiw W cWnM aad dem�nd�.wbka ou aay encwsbta+oK d�aoad
<br /> 't7tIS SECURt'I'X M97RUM8NT awnMner uNfacai oovea�u►b fur rwiawl �ue �ad aoaaa�itona oovw�M� wfdi
<br /> __ t��ea�.�a�by ju��a�o+�w«��wo�w,uom��cy�wn�e,u coYa���criy. ,
<br /> � ut�tNORM mvBrtAArrs. Bamwer.na La�der oovan�nt.na qree a rd�ow,: ,
<br /> 1. P��t a�PrMidpd aad IdereMR PireMl�t�wd l.sp CM�r�1. Hamnw�er sMll praanptlY P�Y whon due tlw
<br /> �of uM iru�rest ao the debt evidnncad by the Nota�nd�ny p�ep�yraari�nd We chu�os duo unda the Nolo.
<br /> I+�nd�tor 7l�a ud Imoraace. Sabjoct to�pp1{c�bb I�w o�to�writtat w�iver by I.emdor.Barower�11 p�y to
<br /> La�der on tbe d�y monthlY P�Y�u ua due wxler the-fVate. until�he Note i�p�id in tl�ll��tum l"Hmds")C'or:(�)Yeu19
<br /> t�uce��nd u�o�smena wl�ich m�y ua�in,priarity ovm thia Secu�hr ln�hun�ent u�Ibn on�ho Pnapaty;(b)Ye�r1Y Ics�ohnld
<br /> p�ymena a�+a�nd ceata oo ma Property. if�ny: (c) Yeuly i�ar�d or ptioperty ltuu�x pranivau: (d) esrly flord
<br /> inaur�nce prc�nu�reAS.if�ay: (e)�rearlY mottgage i�uurance pmmiums. if�ny: and (f�qn9�W3'��Y�wer to
<br /> L,pider�in�000rd��o v�n�b,tho p�ovisions of pangraph 8.in liou of thept�yment ot mat��Qe in:warpe pnxniums• '11ase
<br /> itcros u�e c�"Eecrorr Itaam." i.cader ma►y.at any tima�wllat and hold Fiutds in an unount nat w anceed tde m�xitnum
<br /> unowq a la�der fa�feda�Uy relatod�rwrtgage lo�n may nequiro for Bormwerti escrnw�xount t�ider ihe federal ReAI
<br /> Estate Sepkmeat Plvoed�es Act of i974 as�nended from dmo to dme.12 U.S.C.4 2601 e�srq.("RE4PA'�.unk�s�nother
<br /> law Wat Applies w tbe AiMs sen a lasser amoun� If so.Lender ptay�at any Nme.colkct+�nd hold Wnd�in�n amount�ot ta
<br /> euc.*d the k sser amount• l.ender m�y auimate the amoune of Iiia�ds due an �6e Msis of curmnt daui wd�m�bk
<br /> __-- --_ -- eaumates of expenJiluteS.�.'r'uture Es�row ite�ns or othervvlse in�ccadu�e wrirh�ticabie iaw. _
<br />- The Fud.s sh�ll be hetti in an i�+stjt++pon whose deposiu are iosurod by a f�de�al agarcy.inauumeoqdity.ar endty
<br /> — (inclucUng Lender.if Lender is sach�ih instiwtion)or in any Federal Home I�►Hmk. I.ender slvll epply ti►e Hnds to P�Y
<br /> �';t:,°J�j', the 8scrow Iterne. l.ender muy nat cMargo Ho�mvrer for bolding�od aQplying �he Flunds�annually wwlyzing�ho oscrow
<br />_��,�I accoun�or verifying the E{serow ltems, unless L,ender pays Bornower mtercst on the Plmds and nppltc�We l�w pern►its
<br /> L,ender w melce such a ctiuge. However,Lender may roqeic+e Barowu w pwy a one-time charge far an Indepaxknt real
<br />:�;� ��, asute ta�c rcpaRing service used by Lender in Sonnecdon wilh this Iwn,unless Applicable law provldas othetwfae. Unlea9 an
<br /> — � agreement io nwde or appUcable law requires interest to be paid,L,ender shall mt be requlred to pay Bomower any interest ar
<br /> � eamings on�he fi�nds. Bortower and l.ender may agree in wRiNng.however.thot inte�eat shWl be p�id on the Punds. l.ender
<br />_:�;,:41�r�� chall givo to Borrower.without charge.an annual accoun[i�g of the Fi�nds.showing credits and debits to the FUnds and the
<br />---��-,r;;a;Nrba�� Pwpose for which each debit to the Funds was mede. Tf+e�Undv are pledged as�dditiond cecurity far WI sums�ecwed by
<br /> r this Saurlty Insaum�t.
<br /> ''_-- - --- --- if ihe f�r�ds iield by Lender eace�d tt�c amousts perm�tt;.ci ta be htld by agplteable ls�.f���er shs!! eccaunt ie
<br /> �°•Y Borrower for the excess Funds i�accordance with the requirements of Applicable law. If the amount of the Funds held by •
<br /> :,5�,�,, [.ender at any time i�not suffictent to pay the Escrow ltems when due.l.en¢ler may so noHfy Bomnwer in writing,w1cf, in
<br /> �:��4�"` such case Bomower shall pay to L.ender the amount necessnry to make up the deiiciency. Bortower shall ma{;e up the
<br /> ��`� deticiency in no mon than twelve moothly payments,at Lend�r�sole discredon.
<br /> � Upon payment in full of ell sums secured by this Security Insttumen�I.ender shall promptly rcfund to Borrower�ny .
<br /> E�nds held by Lender. If,under paragraph�1.Lender shall acquirc or sell the Property,[.ender.prior to 1he acquisidon or
<br /> sale of the Property,shall apply any Funds held by I.etYder at the time of acquisition or sale as�credit ageinat the sums
<br /> aecurcd by this Security Instrument.
<br /> 3. ApplEcatlan ot Pr�yments. Unless applicable lew provides otherwise,all puyments raeived by i.ender under
<br /> ' , paragraphs I and 2 shell be applied:first,ta any prepayment cherges due under the Note;second.to amounts payabk under
<br />��;, r.;�+:,, • ParagraPh 2;third,w interest due;fourth,to principal due;and last.to eny late charges due under the Note.
<br /> ,�.•� ;. ..i � 4. C6argea; Lfens. Borrower shall pay all taxes,essessments, charges.fines and imposltions attributable to the
<br /> °' f,�, i Prope�ty which may attain pdority over this Secudty Instrument,and leasehold payments or ground reMs,if any. Bomower
<br /> ,� .:�,'�+( �
<br /> ��•,::.:'�,.,y� shall pay these obligations in the menner provided in par�gmph 2.or if not paid in that manner,Borrower ahall pay them on
<br /> �� �`�`'���•:.'' �� ' dme direcdy to the person owed payment. Borrower shall prompdy fumish to Lender all notices of amoums to be paid under
<br />,;i e'�',?:;::��••���: i
<br /> ,� •.;��;�.t����,�, �� . thls paragraph. It Aorrower makes these payments direcUy,Borrower shall promptly fumish to l.ender receipts evidencfng
<br />' + c�-: - ; du peyments.
<br /> � �''�':" �"�"���° � Borrower shall promptly discharge uny lien which has prjodry over�his Secu�iry Instrument unless Bomnwew(a)agrees
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<br /> .?' ' �,''`�'�''"� '•r - in writing to the payment of the obligation secured by Ihe lien in a manner acceptable to Lender,(b�contests in gaod feith the
<br /> •'��!s�"�'�?::� I Iten by,or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion operute to Qrevenc the
<br /> . ' 'i:� .' -
<br /> ,.J?��.�°,-' - enforcement of the lien;or(c)secures fmm the holder of the lien an agreement sutisfnctory to Lender subotdinating the lien
<br />_`•�� ?r,lf� •, ro this Securiry lnstrument. If Lender delermines that uny part of the Propersy is subject to a lien which may Attain prioriry
<br /> ,c,.
<br /> ��� .;:;q;..,,., over this Security Inslrument,Ixnder may give Borrower a notice identifying the Ifen. Borrower shall satisfy the lien or talce
<br /> � - h_:�"-`" i' one or more of the actions set forth above within 10 days of the giving of notice. -
<br /> �.:� ....�.�- ..
<br /> ;�'o . � ;�' S. Hazard or Property Insurance. Borrowcr shull keep the improvements now existing or hereafter erected on the
<br /> ° • . Property insured egainst loss by fire,hazards included within the term"extended coverage"and any ather hazs+rds,including -
<br /> floods ar flooding.for which Lender requires insurnnce. This insurance shall be muintained in ihe emounts and for the -
<br />-.�,��� '�1^�::.• , ' � Fbrm JII]8 9/90 I/roqe 2��f A/x+Real -:
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