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<br /> � ,�.` �" 19�' 10'7'�421 '
<br /> TO�ATtItiR WITH all Ne Improrememe now or hereaRer arxted on�hc propeny,qnd aU easemema,appurtenanae,uid
<br /> tixtura now on c�rwRer u p�n of �he propcny. All reploamen�s und addlilons shall elso be covercd by �hl� Stcudty
<br /> lmtniment.All of tho toregoing Is referred to In thl�8ecuri�y InslNment m�ho "Propeny.' '
<br /> BORROWBR COVSNANT9 that Borrower f�IawNlly ulsed of�he a�ata hercby mnveyed and 6as tho rlght tu grent and
<br /> convcy Iho Propeny end tbat Iho Properly Is unencumbercd, exapt fnr encumbrenees of record. Oarrower wananta end will
<br /> defcnd generelly�ho tltlo ro tho Propeny ogalns�oll claims end demanAs,subJect la nny ercumbrnnces oi rcard.
<br /> TIIIS SCCURITY INSTRUM�NT combines unlfomi covenante for natlonai use nnd non-unlfomi rnvenanls�vith Iiml�ed
<br /> vnrimion+by JudsdlcUon ro consilwto e uniPomi saurity fnsuument covedng renl propcny.
<br /> . -- . , UNIFORM ODVUNANTS.Oorrower and Lcndcr rnvenanl and ngra as fallows: � _ .
<br /> 1. Prym:nt ot PAnci{wl and (nterest� Prepayment and lata Charges. Bortowcr shall prompdy pay when duo tho
<br /> -- pdncipal of and inrerest on�he debt evidenced by the No�e and any prepayment u�lolo charges due under tho Note.
<br /> 2. ELnds for Texes and Insuronce.SubJect�o eppliwble law or to n wrinen waiver by Lender, ftortower shTll pay to
<br />—___ Lender on the day momhly paymm�ls arc duc undcr�ho Nola,until tho Note Is paid In full,a sum('Funds')for:(a)yearly�axcs
<br /> - end assessmcnl�which may aunin pdorhy over this Securfry Instrumem m a Iicn on t6e Propeny;@)YeadY Icaschold paymente
<br />_-�� or ground reme on�he Propeny,if any;(cJ yearly haznrd or propeey insunnce prcmltmu:(d)yearly tlaod insurenm prcmiums. ________
<br /> --- if eny; (e)yeady mongege insumnce premiwns, if eny; end(p any sums paynblo by [iorton•er to I.ender, in accardanco tdth
<br />-.vz;:-- --
<br /> .. �.�.� the provisians of paregreph 8, in Iieu af tho payment af mnngnge insurentt premfums.These iienu arc calletl 'P.scrow Items."
<br /> - -f,,,,� Lender may, e1 nny Iime, rnllect nnd hold Funds in an nmount not ro exeeed the maximum amount a lender Por e tederelly - -- _
<br /> -'" � relered mongxge loan may requirc Por Uorro�ver's escrow nccoum under ihe federal Ncal Cs�ate Settlement Promdums Act of �r� :
<br /> ''��'1�`,' 197A ns emended from lime lo time, 12 U.S.C.Smlon 2601 e�srq. ("RLSPA'),unless enother le�v that npplies ro 1he Funds �,;;r __,
<br /> a,�vynr,(yp se�s a lesser nmo�mt. If so, Lender ma y, et nn y �ime, rnllect und hold Punds in nn emouN not lo eaceed the Iesser emount. -'- �
<br /> 11]1 L(�M1t719 ��'�
<br /> I.ender mny cstimntc thc nmount of Punds duc on�hc basis of current data and reuonsblc espmales of expendiwres of Polure �----
<br /> ��3}'����� Quroiv I�ems or oihenvise in accordanee wilh applicable law. `�%""'
<br /> ..11)4r1/tt;� :.;' ^.-.
<br /> -��_ The �unds shell be held in an insthmion whou deposiis orc Insured hy e fedemi ngency, hutrumcntality, or emity -F,,w.
<br /> --± �.i� (Including Lender,if Lender is such nn incti�ution)or in eny FeAeral Home Loan Uank.Lender shnll npply�he�unds�o pay ihe , .�,:;S�?�:'
<br /> ���Y��° �' Cscrow Items.Isnder ma no�char e Oorm�ver far holdin nnd a 1 m �he Fundc,ennuall anal �In �he escrmv accoum,or -�'"+�'��-
<br /> ' rt,.v.,. •
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<br /> '��;'.�,r. verifying ihe Cscrow llenu,unless Lender pays Qarrower intercst on �he Funds and xpplirnblr,la�v permits Lender�o make such � y;x?t;:-�
<br /> �. �-t e charge. Hmrever, Lendcr may rcqulrc Oarrower lo pay a one-time chargc for nn independent real es�alc mx repotting service - -'' �-
<br /> r". used by Lender in connation wi�h this Iwn, unless npplicable law provides oihernise. Unless an ogr.emem is n�ade or �34�':��r'..�
<br /> �"..:;.:..,: 9 :..s,:
<br /> , ,r;���. epplicnble Inw requires in�eres�m be paid. I.ender shall not he required m pay �arrower any interest or eamings on the Punds. �.�{�r,<�:,�,�-.��
<br /> � ,,{, Borrowcr nnd Lendcr may agrec in�vritfng,hmvever. lhat inlcrest shall 6e paid on�hc�unds. Lendcr shall givc m Oorrower, -� :, —
<br /> �,. n.:!;} wlihom cherge,en nnmml aceounling of�he Funds, sho�ving creditx nnd de6ils�o the�unds nnu the purpose for which cach r�•;2�� ��F;;-
<br /> -_- deF.!:!a�F.t 6e�ds:vsa ne_de.7!:c Tu.:.ls erc p!ed�e�_edAitien_I�t^uri!;fnr nll cums�ured b;t!ii=�uti!;In�!mmco�. .-. . •.-..
<br />. ,�;i,��.�� ,;� lf�he PunAs held by Lender excced�he mnonms pemiiUed m be hclJ 6y applicable law,Lender shail accounl to Oorro�ver �-"' �" -
<br />� �5;5%.(i1�V.WS ...�ZJ�A7�lI:.-HC.
<br /> ,,?,a� for the excess�undx in uccordanm.wiih�he rcqniremems of applirnhle hnv. If�he amount of die�unds held 6y Lender at any �.ls _
<br /> I1r v" �
<br /> yi ;�ly�fa(r llme is noi au(ficient ro pay�6e Gscrmv hems when duq Lender nuy so no�ify �ortower in writing,nnd,in such eme Burro�ver + -�.+Yl,J ���
<br />--1`;� -'1�"!. shull pay�o Lender�he umount neccssary tn make up �he deficiency. �nrmwer shall make up �he deficiency in no marc �han �"'.'��%%'����i`•�'�
<br /> "'`� �wclvc montlily paymcros,u�Lendcr's solc discrclion. ��y_tiyt' u',
<br /> �N� - . t Upon paymen� in full af nll smns +ccureJ by ihis Security Ins�mmem. Lendcr nhall promp�ly refund m I3orrowcr eny - +s� ti �,�
<br /> _ . ,yyr,.. ;r�_.'
<br /> `ti,n;;_;�. �unAs held by Lender. IG under parngmph 21, Lender shnll acqairc or sell the Propeny.Lender,prior m the acquisiiinn or sale ��•.,�>it!,`:f,:�<;_...
<br /> � -- 5". of lhe Propeny,xhall npply any funds held M1y Isnder;n�he iime nf acyuisition ar s:wle ax a crcdii ngainst ihe sum.securcd by � r"•�-
<br /> •y �hfs Sauri�y Inswmem. - �} , �' .`
<br /> 'r� 3.Appllmtian at Pn��ntenls.Unles.upplin�6lc law pmvidc.uthenviu,all paymems reccived by Lcnder undcr pamgmphs ++ _ , r�
<br /> --—S� 1 and 2 shall be npplial: fint, to any prepayment chnrges due under�he Mo�e; aecond,io amoums paya6le under parngrnph 2; �'_„''-f . '
<br /> �r�i�-�t�_ �hird.�o(ntercst dur, fnunh,m principal duc:nud laa,Io mry•la�c ch�vges due undcr Ihe Nntc. ��:,_ 4`-�-
<br /> ��, A.Chflrges; IAcns. Oorm���cr shall pay all �axcs.ntceccmrms, rharges, fincs and im�xui�ions auribmablc m ihc Propeny �-: qt �{'-�-
<br /> {�;�� •%�' �vhich may annin prioriq•orcr�his Sccuriq• ImtmmcN, anJ Icaxhnld paymcnt.or grounJ rcNS, if any. Rnrro�rcr shali pay ._'If�y(._;�t�-�_
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<br /> �"''�` these oAli mion.in�he manner nreideJ in ,am ra h 2.or if nn� �iJ in�ha�manner. f3nrrna�cr.hall a �hem on�ime dine�l — •x,�:��:-c--
<br />�-'��%"'�'��`� lo Ihc rrcon otved � mcm.6nrrnw�cr+hall rn n �I furnish�o Lendcr all nnliiYS o(antaunh lu bc a�d undcr�his are ra h ;�'V:i;rl�.:F:"f�:.
<br /> %"c;ri.,, .. .• Pc. P�S P P )' P � P & P .;•iyj;Y•'i� ::
<br /> »r -.`` If Bnrrnx�er makea�hese p:q�mem.dircc�ly. Unrro�rer.hall prampily furni.h�o lwnJer reccipis evidencing lhe paymems. ._t�;� °u ` .:_
<br /> � i3ormwer shall pmmptly disch.�rge any lien ehirh has prinriq•nacr ihis Securiq� Imvmnem unless Oarrower.(N agrces in y, �,. ��L'�.._
<br /> - '";`- �vrliing m�he paymem nf�he ohligaiion secureJ U���hc licn in a nunner a.cepinhle m I.enJer,(6)comests in goed fai�h�he lien '. '�i;,�:'',:.'.
<br /> . by, nr dcfcnJs ngaiml cnfi�rccmcnl of Ihc licn in. Icg:d pnwcnling� �chich in Ihc lxndcr'� opininn nper.nc In prc�•cnt ihc - :$;`..
<br /> - enforcement of Ihe lien:or(cl Kcnre.frnm Ihe hnlJer nf Ih.lien an agmnknl cni.l:�alnrr lo I.enJer.nhnrJinnlinF Ihc licn lo :' .
<br /> . �his Scinrity In.uvmcm. If lwnJcr de�crminn Ih:n anq pan nl ihc Pru�m�i. .uhjcr� u,:�licn which ma� auain prioriry�arcr ,��.:E},'' ; .
<br /> _ � IIIIS SCl'0lII\'III\INIIIlI1L IA�llllf 111:1�"Z!1\'t' Bnrrnwer a no�i:r iJrnuiying Ihr lira 13urroner.h:Jl�ali.(� Ihe li.n nr ciAc one or ��.��..�..
<br /> � morc of Ihc acliuna 4ct forth alwrc xiihin Ill d.n.of�hc gfaing�if nu�ice. �:+i. : .
<br /> � .• �.•L�, Form3D28 W90 = �
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