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<br /> TOOC7'HE.�t W1TH dl ifw impravcn�ena now or heraiRu erocted on�he pmperty�aad all�.app�utawnae�,and
<br /> flxqu+a now or kroafier � p�u't of �hc property. All rcpinamenti and wlditiorw �hall �Iro ho ooverod bY thia.Saudty
<br /> LiNrume�N.All of Il�e forc�oin�i��cferrod to in thi�Security Irwnim�nt w the"Pruperty."
<br /> :.� BQRROWER COVBNANTS thot earrower i�I�wfully�ei�ed of the euue hercby c�w►veyed ud hs�dw d�ht to rrau aid
<br /> oonvey�t�e Pmpeny �nd th�t thc Property i�unencumberod. ezoept fo�enca�rt�bn�oP ra�ard. 8orrower wa�rtu�b apd will
<br /> — defad generally the title to the Propc►ty against�II cl�ims w�d denwnd�.subjoct to�ny cncumbtanuts of rocord.
<br /> THIS SECUit,TY 1NSTItUM�NT vombinen uniform cavenanta for nodonal use and non-unlfomn wve�unu wUh limued
<br /> vAt4itions by juricdiction to constitute a uniPorm socurity instrument covering rcel property.
<br /> —��� UNIFORM COVENANI'S.Barrower and L.ender cov¢nant otW ag�+ee as foflaws:
<br /> 1. P�ytaeat oT Prindpd and Iptet+[sti �I�Y�+�nd,�tR Chpr�es. Borrower shall P�F�Y PaY when due the
<br /> pniJtuip�) of�nd interest an the debt evidet�cod by the Note And anN•pmps►ymonl.arid late charges due under the Note.
<br /> ; 2.b�tor T�aad loeuraace. Subject to applic�bl�IAw•or,to a wriqon waiver by Lender. Borrower shaU pay to
<br /> Lender crn,lha day mamhl}�payments arc due under the Note,until thc Natct i�ps�id�in,full.a sum("Funda')ibr: (a)yearly�a�ce�
<br /> —. -_ - _— and u�,�ssmema whfch mAy•anein priority avcr this Sesur�cy Ins�rumrnt e�a Ilan on the Propeny:(b)Yearly leaschnld pxyme'-�a�
<br /> i�� ar gmund rcnta on the Pmpeny,if any;(c)ye�uly hazerd or prapeRy insuratwo pmmiums;(d)yearly flood insurance premlurns,
<br /> iP pny�t(e)yearly mortgage insurnnGe pnsmiums. if eny; wid(�any sum4 paysbla by Bc►rmwer to Lend¢r. in accordance with
<br /> ° �hB prowi�lonR of paragmph S. in liau.oE tba p�yment of mangage insurence pramiums.l'hese itcros am called"Escrow Items.'
<br /> Lender�mwy, at any timc. colloct and hald Funds in an amnunt na to ezcood�tha ms�ximum amount,a I�dcr for a fedcrelly
<br /> --- �� oalatad martgaga loan may require for Bortower's escmw account undar tha fad�mt Real Estate Settlemea►t�i'rocedures Act of .
<br />- "�" 147A as amondad irom tlma to tim�. 12 U.S.C. Section 26Q1 er seq, ("RESPA"),unlass another law thW�applies to�he Fund.9
<br />.':�•�' ratR a Ima.�er amcwot. If so, [.ender roay, at any timc,callact and haid Funds in,an amnunt•ncN�to exceed the lesser emourrt.
<br /> •�. �� i. (.ender may octim�tB the amount of Fund.c dae on the basia oi'ournant datp and n�sanabla eseimAtes of espanditures of futpre
<br /> , , �. �����;_� � FBCrow Itoms or othenvfse in acco+dar�ce with appli�ble law.
<br />. ' t .�.:.�... � . :,_t i '1'he Funds shall be heW in an in�titution whose deposits are insuned by a fedami ngency, inatn�mentnUty. or entiry
<br /> , t•'�{�,�`y`�: `y��.�s� � (inaluding L,ender,if Lendar is such an instjtution)or in any Federal Home Loan eank.I.endar shall�npply the Funds to pay the
<br /> , � .'���''���;��'•'�:�`',. , Esemw IWm�.Lender may not char�te 6�.�rrower for holding and applying tha Funds. annually unalyzing the escrow account, or
<br /> �'+�':+�s+;` it+�;:•:;';`�,'� I vedfying�ha 6ccrow Items,unles�Ixr�r pays Borrower in�erest on the Funds and applicabla luw pe�mils I.ender to make such
<br /> ' i. �.t;:�.?.�l"(.•.
<br /> � ��.�,,;;;;;;.;,;�;,�;`•;" , a charga. Huwevcr, Lendcr coay requim Borrower�o pay a one-lime charga for an indapendent mxl estate ta�repurting service
<br /> �!;''�`' � '`' ' used by Lender in conneciion with thiR loan, unless Applics�ble I�w provldes otharwise. Unlass un agreem�nt,is rnadc or
<br /> ^�iiF�':ss.l�l+�:w;.�.c,` e
<br /> � • • � � � appliceble law requires intcrest to be puid, L.ender shall no�be required to psy Borrowe�uny interest or eamin�y an�th�Funds.
<br /> .� . �;;�. �•; � � •�! Bc�rmwor and Lender may agree in writing, however,that intorest shall be paid on the Funds. Lender shwll�givo.tu Botrower.
<br /> .u��.;.���.L��,,: withcwt churRe, sm annuui acmuntin�c of the Funds. shnwing credi�s and debfts ta the fiunds and tha putpase for•whieh each
<br /> " • ''� debit ta tho Funds was mude.7'ha Funds are pledged us udditional security for all sums r�ecuted by�hiA Security Instrument.
<br /> ' , If tha Fund�hold by Lender eaceed the amountx permitteJ�u be hald by applicabin law,l.endar shall�uucoum tu Borrower
<br /> � � ' •.�'�' for tha excess Funds in acaardance with the requirementx of applicnbla luw.If tha amaunt of the Fundh hald by I.ender at any -
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<br /> " �'���;'�;•; ' timB ia nc�t sufficient to puy the Escruw iicmti when due, Lender muy so notify&►rrower in writin�,and,in such case Borrower
<br /> '.!;�;��;P:;. shall pay to Lendar[he amount ne��essary to mAke up�he daticfoncy. Borrower shall mnke up tha dotioiancy in no more then
<br /> •� . ,��..''•. , twelve mondily payments.ut l.ender's u�le discretion.
<br /> `'' � ,` , Upon payment in full of ull sums securcd by thir: Security Inrtrumem. Lendur shull prumpUy �efu�d t� Borrower any
<br />_•Y . ' � Funds hQIJ by Lender.If, under p�rngraph 21.L.emiQr tihull ucyuire or�eU the Pn�peny. Lxndur,prior to tha acyufsition or sale
<br /> •� of tha PrapeKy, shall Apply any Funds helJ by l.ender a[ �he time af'ucqui�i�ion or wlo as u creJi�ugainst cha sums securod by
<br /> ..�� . ...,... �; thiH Sccuriiy Instrument.
<br /> ,� " � 3.Appllcatinn oP P�ymentc.Unlc+ti•rpplirublc luu� pn�vidc�utlx:n+�iu:,all puymcnth rercivcJ h�� L.ender undar pAragrophs _
<br /> ' �, 1 and 2 shail be applieJ: first, to uny prepaymenl charge+Jun under thc N�ne; tiecond, t�i umaumn puyabla under pamgraph 2;
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<br /> �� � thircf,ro interest due; faurth,�o prirnipal Jur:und la.t,ki any la�c rhur�e,duc under thd Note.
<br /> . • • 4.Chargcs;Li�nfl. Borrowcr tihall pay •rll toxr+,us�c„meM�, churges,lineti und im�isi�ion.ottrihutubla tn the Property
<br /> i - which muy nttain priorin; over thix S�:curity Inxtrumen�, und Ie•ru:hnld puymentx or gmund renls, il'un��. &►rrawer tihull pay
<br /> � � ;`,��;,', these oblipution� in ti�e manner providul in puragruph Z. ur if nui puiJ in that munner.B��rc�����er�hull pay them on time direrUy
<br /> • � ti��he penan ow�d payment. B�►rri�wer�hull prumptly furnish t��Lcndcr all nntice+��f umnum�.to hc puid u�uier thh par.igruph.
<br /> � ":��';:>�• If&�rrowcr maker d�ene puymrnt,Jirectly.Barr��w•rr+hull pr��m�lly furnir�h a�Lendcr rercip�ti c�•idcncing the paymenls.
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<br /> •�',•i„'.�' :•.:,;,,',�- .. gor�owcr�hull prompdy di.rhnrgc an�• licn w�hich ha+pri�irity ovcr thh Securiw In,trumrn�unlc�ti Burro���r:(ul ugrees in
<br /> , � .,� , • writing tu the puymcnt af thc��hligulion+ccur�d by thc lien in a m�nnrr:kreMublc a►Lrnd�r: Ih1 context�in gnod faith lhe licn
<br /> �:� �.'� . ..;.,...1';'" by. ur defendti aFuinr�t cnturcen:ent of thr li�n in. IcEul pr�•r�ti�inp. w�h{rh in thc L�ndcr'ti opiniun nperr�e to provent the
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<br /> , ".,�,-1i`i;!i%�"' enfimemcnt of thc liem ��r�cl.ccurc�fr��m th�holdrr ot'thr lien un ugrecmrnt wtitifur�ory tu Lendcr suM�rdinuting the lien to
<br /> ";:;;� . '' " thia Sccurity ln�trumcnt. (I'L�ndcr d�tcrminc,thut am��un of ihr Pruprny i, �uh�r.t�a a lirn w•hirh ma�• u��uin priority��ver
<br /> ' '� ,. .;;;,;�:,, this Security Intitrument. l.endcr nwy�ivr H�+rn��vrr a nutfcr iJcntitj•ing thr lirn. Hi�rr��a•�r,hull �ati�s'y ihc•lien ur take one or
<br />; .� �, :..;;:, � mon:of the ac�i�ins set fonh ubcwe a�ithin 1Q Jay.��I'dic �i�•ing nf nalicc.
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<br />`,ti� .,.�:��'- ' Form 3026 9l90
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