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<br /> '�'111����!b0�IOYMI0�1�IK1N d',�MI�t Q0010d OII 1�M p1�0(1QlSlr
<br /> ' ��AN a� �edler i�irhafM b- i�IW .�weiy►�r dM"Arope�►.• IiYo w oerw�1�►��.
<br /> � �1,�
<br /> �G'�dVRNANf9 siMt Baelo+Mx b I�MIIy�ei�ed d dYa e�tMe Ire�+sh►aonvelr'ed�ed ir d�s d�t b�n�ee
<br /> �ed�a�v�y die Md lbat Ihe PropeRty��acun�bend.Q�oept tar�acm�loa af r000Nd. Bo�ncMwr wan�ls�■d
<br /> �v1U dd�sd�eNa�1�pUe�u die Prope�ty�prfo�t dl e1�n�d dem�od�.aubJect 10�oy a�vmb�woe�d�oo�d.
<br /> 711IS �BCrJR1TY IN871t cUMB�iTaa�Cit�Me a��iecurihr la�►�t covari�ta�l poperil►• �0�� ~id�
<br /> liisilyd vaii�tlo��b!►j�ia�a�
<br /> IM�DRM CbNBiNl1NT�.BanmMec aud l.ed�r oawa�pt and y�ee as follown:
<br /> .. �� llr��t�t�et�,lrl ri I�+Mti����0� Bonv�a�!!prae�dY p"Y wbe�dw die
<br /> ot wa ia�at aa 1he aebt erlaaooea by.die N000�ud aay p�ymaK�ua we aue wder�����
<br /> au
<br /> �l�i��e�me��1 Liur�c�. Subjed to law ur to�wriMea aniva L�arle�.
<br /> L�der aa d�e d�y mouthly p�ynKnu�te dne uoda die�w►d!the Note is p�id ia iWl.�►wm('F�a�')fa: (a)yarlY
<br /> nuca a�i�wacra��W wbich m�y atddn oYU d�s St�aity Inenumant u a Ilea uo the Ptopaty:(b)Y�Y�W
<br /> p�ypknt� or araund renu an �Me Propertyr�. i�aqy: (c) ya�y h�d a+' ProP�Y � P��: (d) Y �
<br /> in�uranoe promivau.if �ny; (a)Y�arly mn�t�a�P�unu. U wyt�ud(� �Y �WY�b bY�b
<br /> I��a n d a�ia�ocordNnoe with tha p r ovldwu of p�a�r�ph 8,ia licu o!d�ep�y�aa�t ot��P�i�. �°
<br /> it�ema�ro c�lled"F.saow It+�n�" l.eadar�psY.�t aoy time.co Uect�o d h d d[i�d o i s�a�n o t q�e x+o e e d t�e m u�w a
<br /> �mo�mt a laider fa i fadaaily alsmd mo�tgr�e kan auy roquine tor Bamwer't acioqv mder dMe fadad Real
<br /> Eit�te SatlemanE Prooeduues Act of 1974�aroeoded from time w Nme. 12 U.S C,f?b01 rt (��q `l.�oles�asad�at
<br /> ta�v tlu�t spplia to d�o Eiud��ets�louer�mouat. U ca,I.endcr a�y,M�oy tlma collect uW hoid[iiod�in m�nnowit not w
<br /> es�ead tf�e laoa annud. Ireoder may esdmate d�e amouat ai Eiaad�dYe oo die b�sis of cwr�ent d�ta aod iea�o�lAe
<br /> estiao�tea of eatpenditurcs of fupuo F.sc�ow itaro or o�herwlce i�l ooco�rdaace with�ppHca�ble law. ' '
<br /> The R�nda�iWl be beW ia an ioctiwliou who�e depaits ue iasuned by a federal aga�cy.in�trummWiry.a akitY
<br /> (includiag I�ender.if i.ender is suct�w ia�itudan)ot in any Fedenil Home l.o�o B�nk. l.ajder slWl apply t6e E;od�oo P�Y
<br /> tt�e Bscnow lteros. Lendar�aay oot chatge Banower for hoWing andapplyiag ti�e Fund�.�aaully aoaly�tbe ascmw
<br /> �ocono�,or vesifying tho ��cmM Itans,unless Lender p�ys Banower Intarst on the R�r�d� �nd q�plic�ble law peandt�
<br /> I.a�dar tr�a�al�suc6 A charge. Howeva.l.ender may roquirc Bormwer w pay a aae-dme ch�ge f�r ao iadepeadent�eal
<br /> eshtc ta»rapattlug�rvioe used by I.enda in connection wkh tlds loaa.unless�pp1�cable law provides atl�awiu. Uales an
<br />- agrcemwt is awde ar�plicabk�w roquires intenesc a be pAid.l.a�der st�Wl not-iie roqWred w py Bo�rower aay imaest a
<br /> �mings oa the Ponds, �arowu Aad Lender may agnx io wnung,hocvaver.dwt iataest sdall be�aa d�e Eitnds. I.aid�r ,
<br /> s6�U gtve w Bortowa. wit6out chargo.an nnnwd a�xounting of the Wnds.ehowing enedits aod ts co tbo Pru�ds md tbe
<br /> ptupose far which each debit to ihe t�ndr wa�mAde. The Ru�ds aro pledBed�dditioa�l�ecwity far�11 auw secund by
<br /> thi�Securiry Instn�ma►�
<br /> If the Fimdc 6eJd 6y Lmder cacood the amounts pemdtud to be t�eld by stppliaiblc law. I.eader siWl �000�mt to ,
<br /> F3omower for the exce�x Fiaids in accadence with the�equi�ements of applicabk iaw. ff the arao�mc of the�i�i tu>r
<br /> L,eoder at�py time ls nut wf�iclent to pay thc Escru�+v Items when due. Lender may so notify Bonown'iu wriNnB,md.ia
<br />— such case Bortower chall pny w[�ender the aunax�¢neressary to make up the ul�ficla�cy. Bamower sh�9N maloe up the
<br /> .deFiclency in no more U�an twelve manthlY PnYmen►s,at l.ender s sole discrctian.
<br /> Upa�e p►yment in tull of ell swas secured by this Security lastnunen�L.encler sh�ll pruayxly nefiu�d to Ba�rnwer�nY
<br />— PWnd�hel�f`by Lcader. If.under para�rapb 21.L.ender s�hall ecqui��ot sell the Property.L.encier.�dor ta the xquisiHan or
<br /> sak of Ihe Fioperty,shall apply any Puncls heid by Leoder at the dme of acquisitioa a sale as a credit a�aiact the aun� �.
<br /> cecurod by this Secudty Insm�ment. ��
<br /> 3. Applkatbo of P�y�aenta Unless applicable law provides aherwise. all payments roceived by Lender wder
<br /> pa�agrapt�s 1 and 2 shel l be appliod:first,to any prepayment chasges dae under the Note;second,to amaunts payable under
<br /> paragrs�pt�2;third.to interest due;fourth.to principal due;end lusrt,zo any lute c6argea due un�ter the Note.
<br /> q� �bae�es; I,Ienr. Bomnwer sheU pay all texes. ussessr�.a�u. charges, fines and is�n�osidons ataibutablc w the
<br /> Propeny which may att uinpnority over this Securiry Inswmen�and leasehald papments nr g�und nents.if any. Bormwer
<br /> shall pay these obligadons in the manner provided i�e�+suagraph 2,or if not pai�l in that ma�oner.Bonower shall pay them on -_
<br /> �a..
<br /> time direcily to the perwun uwul payment. Borruwer shalf prompdy Pocnish M�encler ull�t9res of amounts t��e paid under �_•
<br /> thi�paragraph. If Bamower mekes�hese paymen�s dimcdy.Borrowcr shall promNQy fumish tc�l.ander receipts evidencing 4
<br />= the payments.
<br />= Bornnwer shall promptly disebar�e any lien which has priority �c*�•er this Security Inswmeni unless Bomower.(a)ngrees
<br />� in wriUng to the payment of the obligation secured b}�the lien in o manner acceptnble to Lender,(b)contests in gond failh the _
<br />= lien by.or defends aEai nst enforeement of the lien in,legul prnceedings which in the Lender's opinion operate to prevent 1l�e _
<br /> — enforcxment of the lien;or(c)recures from the holder of the lien an agreement satisfactory to[.ender subordineting the lien =-_
<br />= to thls Security Instruiraent. li Lender determines that uny pazt o(the Propetty is subjec�to a lien which may ottain priority —
<br /> ; over lhjs Seacrity Insuument,Lender may give Borrower a notice idenufying the lien. Homower shall setisfy the lien or take __
<br /> ° one or morc of tl►e ucdons set fonh ebove wi�hin 10 days of 1he giving of notice.
<br />= S. fl�rd or Pnoperty tasurance. Borrower sh�ll keep the improvem�Fn�.c now existing or hereaftcr erected on the
<br /> ' Property insurcd ugains�loss by fire,hazads inclurka8 within the ter.n"extended coverage"nnd�ny other hazards,including _
<br /> � floods or tlooding, tor wldch l.ender requires insurance. This insurance shall be maintained in 1he amou�ts and far 1he _
<br /> - Fbrm 3028 9/90 fpn8t 2 ojb pagta) —
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