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<br /> +�--._.�: -- � '1'(KIEiTH�iR �VI'1'N i�ll titc liupruvcntcnts no�v nn c��r,�ltrr ci�cc�cd an Ihc pruperly,►u�d nU ciiscmcuty.�q�puitcna►tcc9, _____----
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<br /> {�t;'�=_-� • � �md i'ixtut�s nuw un c�renttcr n pnrt al'the p�ti�perty. All replacentcnts+�nd,►ddilio�is xh;dl :dsu he cuvrrcd by ihiy Security
<br /> ,�"'�:�.��:: . In�irumenl. All ut'the 1'urc�;olnr is rct'crrcd to In�hf.ticcuriry Ins�rum.=nt:�s tl►c"1'roperty." _---- —
<br /> �;.,�•�`�"'� RC)kltl)Wliti C{)VksNAN'1'S�lim Hon�o�vcr 151u�vfliily scised uf iha rrtute licn�by c�►nvcycd and has th��rlhln tn�;�intt -__ -�—
<br /> utttl c�mvey thc!'�a�x�riy i►nd�h:u th� I'n��xrty is unencuntlxro�l,cxcrpt t��cucumhrunccs ut iticorJ. Uou�wvcr�v,urimis.�nd � -- -
<br /> �-- � �vill d�Fand��uer.►lly�ho titic ta thc!'r��pcily+i�a�lart ull clslius m�d drmn��ds,tiuhJoct tu uny cncumhrunres��t'rvcurd. _ ___.__...
<br /> "' " =� 'I'I�14 SR:C'l�l21'!'Y lNS'f'ltUM6NT cutnbi�tc+ uniCornt c��vcn►mts fur nalfuni�l usc iind nun•uniPurnt cov�niints wlih E _
<br /> - �_.'- � �:`'.i iiu�it:d cartntt�ns►�}��u;is;�9:tit�,:t,�••�aw�ttut.�n wilti�rm sccurltv instsumcnl covcrin�mnl p�uperty. � � , ,-
<br /> - - - UNIFOItM CUVEiNAN'1'S. Borro�vcr i�nd Lcndcr a�vcnimt und i�yrcu u+ialluws; .�* ,`� ,�_
<br /> �� : � 1. Payment oP Principnl and Intcreslt Prepiqmcnt nnd l.uto ChnrE,cy, Dorruwcr,hull promptly�wy when duc thr , i
<br /> priitcipid oi nnd intcrest�m tho debt rvldcncc�l hy tha Notc und uny prcp+►y►n�'nt und I;uc char�;cs duu und�t Ihu Notw. �-
<br /> ��� � • "
<br /> Z. Hlmda f�r'Aixcs��nd Insuriuuc. SuhJect to:►ppUriiblc law��r tu a written wnivcr by l.cndcr,llorrc�w��r�hull ptry to
<br /> •`.'��s I.ondcr an thc di►y munihly pnymcnty urc duu und4r th� Notc, until tho Nata iw paid in 1'ull,a�wt� ("rund•,,)t'ur: (a1 ycarly .,. , .
<br /> .;`�"' toxes und u��essments���hich muy aUnln priorlty ovcr�hia Scc:urity Instrumcnt i►y u Hrn on thu Pro�ny;(b) yc:�rly I��a`ehcdd .
<br /> , �uymcnts ar E�round rr.nt� on thc 1'rc�}fcrty, il' nny; lc) Ycurly har..ud or property insur.�n�c prcnuumx; ld) yci�cly fl�►nd
<br /> •.� nsurancc prcmiums, if nny; (c)yca�ly mnrigi►gc insurnncu prcntium�, if uny; an�l (1)nny sumti pa,ynbla by Nonowcr �a ,
<br /> ;_� • l.ender,in uccnrduncc wlth iho pravisiuny uf p:►a��;rnph N, in Iicu of thc payment ul murtg�bc insur,mcc premiumti. 'Thrse � �.' . ; ,�,
<br /> items iue c►illed"6scrow Itemy.' I.eadee ma ,zu��ny tima,collect nnd huld Fl,nds fn un nmuunt not to cxcccd thu nuiximum (.
<br /> . ;�? nmaunt u icndcr far ii fcdcrally rclatcd mongu�:c lo;tm m�y requir� for Aorr���vcr� �scruw�icruw�� undcr thu t'edcr�d Rciil 4�`�: 'j" '' . :
<br /> -��;� 6titute SetUcment F'�occduros Act of 197A a.+�maoded t'rom timc to timv. 12 U.S.C.§2bpl rr xr,�.(..ItFiS P A"),u n l���s anrnhcr '
<br /> `?�'• li►w thut upplics to thc Flinds sets n Icsticr umuunt. If s�.Lender may.i�t uny tiine,cc�ll�ct nnd ht�ld Funds in i�q ntnuunt m,t tu
<br /> �{�:, • ' excccd thc Icsscr umuunt. Lendcr muy csdmiuc the umaunl ��f' Funds dt�r u�l the bnsiti oP cun�ent dult� and reusonuble , .
<br /> � estimutes�iPexpenditures c�f future Escrow ltemy or othenvisc in accardimc����ith:�pplicublc Icnv. - , �
<br /> The hlmds shall bc hcld in nn inxUtudnn whasc dopasits ur� insured by u fcdcail agonc�•, +nslrutnentnUry, ��r entily �
<br /> � � (including l.ender,if Lender is such un institutian)ur fn i�ny Federa�l Homu Loan Bunk. l.�nd..r�hi�ll npplv the F•linds tu puy � , ,.
<br /> � tho 6scro�v Items. Lcudcr miry not charge liarrower For holding �ind :►pplying Ihc F1mc�s,a�ta�iallv .+nnlyzing the eticraw
<br /> �� � nccount, or vcrifying thc �scrow Itcros, unlcss Lendur puys eorrowcr intcrest an thc Funds ami appUcablc luw {xrmits � .
<br /> ' l.ender to muke such a cht�rgc. HawevcG Lcnder muy rcquire Harrawcr ta pily A OIIC-11lYlt Chiti'�'t for an indepcndent rcal � _
<br />_ � " " estnto tux reporiing servicc:used by Lender in cunncctiun whh this luun,unletis applicnble la«•pro��id�.aehcnvise. Unles.an :_-
<br /> � � ng�eeme�t is mudc or upplicable Ia�w reNuires i�t�rest to ho paid,l..ender shuU not be reyuirrd to pt�y Bonowur uny interest ur . _
<br />_ ` � eurnings un the Funds. Borrowcr nn�l Lendcr m:►y i�gtru in�v�iting,however,that int�r�st s��aU t�c p.+id un thr Fundy. l.cndcr '
<br /> � shuU sivc to Bormwcr,�vithout churgc,un imnual accouniing of thc Funds,showing credits a�d dohit�u�thc Fluidz imd thc
<br /> ,.'- purpasc for which cach dcbit to the Funds wus nt,idc. '1'he Flmd�ure pledged ns addidonal tierurity for all sums scrurrd by � .
<br />: this Security lnstrumcnt. -
<br /> • � If thc Fund� hcld by l.endcr cxcord the amount� permined to hc hcld hy upplia►blc law, Lrndcr. �hall :iccuunt to .
<br /> � Borrawcr for tha cxces�F1mds in iiccardance ��•iih tho requircment. ol'upplicahle li�w. If the amount uf the Ftmds hcld hy : • _
<br /> �� Lcnder at any Umc i�not sufticient ta pay thr fscraw Itcros���hen due, Lcnder may �o nrtit�� 13orrr��•cr in writinF,and, in � . _
<br /> sucls ca�e Borrnues �:ha!! p:►y !e!cndor !hc _+mt,+�nt !tecetmrv to mul:e u� Iho deficien��•. Born�wur shnll nu►ke up the � �
<br /> _ -- -- --- • ,
<br /> dcticiency in�o more than Iwclvc monthly pa�yntenty,nt l.cnder�sole di�creti��n,
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<br /> Upon puymcnt in full of all sums secured by ihi� Security Inytnimcnl. l.endcr shull pnnnpll�� cefund t��gorrowcr any � ,
<br />, • Fundti hcld by I.endcr. lf, undcr pura�riiph:1.I.ender hhal)ua�uir�or seU the}'raperty,Lcnda�,priot t�the acquisi�ion or � '
<br /> _---- __-_- _ . �.. . .. . �l�h nr .�la�.tZ rr��iit a��nin�t thc �uOlti __ - ----
<br /> - —- .r•atc ot tnc Fropvrry. siu+ii :�ppiy u��y Fuu�i,i��i�i .`•�I..::n;iw� .i� ,h.. timM af:cq;:i..i . �__.__..___ -- '
<br /> S
<br /> ' - sccured by this Sccurity InstrumGat. j
<br /> ' �. ApplicaUon of I'uymonty, Unluss appli�i►blu lu«� provi�la� utharwiso, all pa��monts receivcd hy I.endcr under
<br /> � . . . pi�ra&raphs I und�shull bc iippUcd:tirvt,to uny p�cpuyment chiugG�duq undor thc Nc�tc; �ccond,to amc�untti puyublc undcr f ,
<br /> ' paragruph 2;third,tc�intcrc�t duu;faurth,lo principul duc;und lust,to nny law 4hurgc�duc undcr thc Natc.
<br /> � q. Chi�rges; l.iens. Horrawer shuU puy all tuxcs, usscstim�nts, rhargcw, finos nnd impo�itlons :�urihutuble u� thc �
<br /> Pruperty which miiy uttuia priuriry uvcr this Securiry Instrutnent,and Ic�asehi�ld paymei�ts ur ground rents, it'uny. Burrawer k
<br /> � +haU pay thesc��bUgations in thc manncr providcd in parcugri�ph 2,��r if no�p,�id in chat munnwr.a��rrawcr tihi�ll pay thcm on '
<br /> timc direcUy tu tho person c�wed paymcnt, aarri�wcr shall pmmp�ly furnitih to L�ndar all�toticas of amuuntti tu hc puid undcr ;
<br /> this parugrAph. If Aorruwer mukc� �hew payments directly,8or���wt�r,hall promptly iumi�h ta l.rnder reccipts evidencing �
<br /> � . the paymonts. � ' •
<br /> � Barrower shaU promptly dischargc any licn which hsti priuriry ovcr this Snurity Ins�rument unless Bonawcr:(a)agrees ,
<br /> • ' '' '� in writing to tho payment af'tha abN}�atiun ticcured by thc Iien in a manncr arceptablc to I.cndcr;lb>contest�in gaad fi�ith the � ,,. ,_
<br />- ••`t� �:� �'� lien by,or dofends�sninsl enfurcGmenl of the lien in,legul pca�eedinss whirh in the l.ender,l•opinion��penue to prevent the
<br /> • enforccment�f�he lien;or(c1�ecureh f'rom�he hotder of the lien an ngreement s.uisfuctun•to L.ender subardinating the licn
<br />=- to this Securlty lnstrumont. li'Lendar detenninc� that any part of�he PrapcRy iz suhjecl tu a liun which muy uttain priority j
<br /> . uver this Security Inst�umon�,I�endc�r m»y give Bano�ver a naticc identifyin�the lien. Bocrower shi�U satisi'y Ihc licn or tuke �
<br /> • anc or maro of tha actians Set forth a�bovu�vithin 10 days of'thc giving af notico, ,
<br />_. 5. Hn�a�d or Nrape�ty Insurnncc, Borrower tihall kecp the impro�•ements now e!eisting on c�reufter erected on the
<br /> _ Proporly insurcd ugain�t loss by fire,hu7:��'dti included within the tcrnt"cxtendcd coverage"and any other httzards,including ;
<br /> flonds or floading, for which Lcndor r�:quircti intiurnncc. Thi� insurunce .haU hc maineaincd in thc amounts und for thc i
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<br /> • Furm J02t1 9r90 rpu.ee:n�n pu.te.0 ,
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