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BORRO�G�QVB[VfAi�'.9�as Bgaaivec is tawfWlyr seised of ta+o e�ra denb�oau�ve}ed pn�6as it�sa Hghtro grt�►t� _ <br /> . . `��ad oaanvey:tbe Frupertyet�th�ttce R+opertyis un�na��bend��ea�cep�for.�nc�nat�sof tecord.•Boitower wsrtanis�ad� � • --- <br />_ a►�It 3efe�ge�rally the attam t6e Roperty agai�t nll cisims�x1 demmtds.3uQ�ecY to�encvm�eaaces of tecotd � — <br /> " ' ,'jl�3 S�L'�}RP�9� IN57RLR�1�';cumMnes ttaifas�m ooventnnt&fot�icaaf use aa¢nosrunifcsm cuvenaa�s wtth,. � _ <br /> ' � � �limited vatiulasi�by jtirisd'ccu'aa w�con�uto a.v�or�a secuticy►ins�nmaent ouvering tESl�rapetcy , , - � ; � <br /> — -- �- _UNIF�QRMC�OVBNANFtB. Bbrrowe�s�dl�covenenta�a�etasfo32ows: _ . . ' . . <br /> L� P�rtt�P�tnd�l.aad he�+m�ataac4la�eCdsrrBea. Sonow�shall�namix4►paY�whatdu�tt� <br /> _—__ ---- --- _ -- - �ioYan�ttrite3ces[antl�sc�tevi��ticeNoisandaayprepayat�ttsta#iatedlas�S�uet�tl�ldW�.-- - - - ---- - <br /> -- - a. �ds[���and It�sanae. Sob,js�cEto applica6ie Iaw or w a wiitt�u w�ives 6y Leader.Hanower shall pay to --- - �,�„-��_ --- <br />= Leadee on the�daY���Y Faymea�s are due�r the Note.un�ll.the Naie is Patd in fu!!.d sum l"Aueds°)for.(a)Y�Y --- -.�_-_- <br /> - mxes an�assessments�rhich may mtain pciurity over tbis Seauity InsOnuuant as a lieQ on tIIe Pt�aperiy:(b)yearty teasenold —_-___ <br /> _ � Qayments ar�ound teats oti the Pr9peaty.if aay,(c)Yea�ly Aazard or pr�peaY,+s�.m*��retniums:(� Y�Y � �----__- <br />--- ios�tuance pnemiuras.if aqy;te)Yead�r anon,gage;nsuranca piemiums.If any;ana cfy adY suans FeYab2�Dy soirower m. _-- <br /> - I�r.iu aboaidance witb tLe provIswns of gaiagwpD 8.in lieu ot the p�yment of mortgage insurartce ptepniutns. 'i�e — -- <br />�: ' items�e pltet!"Escmw�tems." Lender may.ai aay time,coltect and hot�.F1mds in an amnuat aot ro excQad t6e a�aaimum —_----- <br /> . v <br />.- . amoimt.a teud�rr_for a fedaally telated�artgdge loaa may.cequire for Boimarer�escm�ar accouat uiWet tIle federat Rea! =II,.�---_- <br /> ' Fsrate Settlemeni�Act of 197d as aateoded�fmm eme fo 6iu�IZ U.S:C�260t�t se�("RESPA").anlets anntLer . `='�"° <br /> Y��• . �__--- <br /> ' - � law that spglies w th�Rmtis sets a�ess�amoua� If so.i+eudca may.at any bme.eoltect aad hoId A�ads in aa amovnt�t to �ri-_-. ---- <br /> ��� � exeeed We tessa amount. Lender may estimate die amoudt of l�ads due on the basis of cunem da�s aad reasoaaAIe :,�,.=�-- ----__ <br /> �itpates of expeaditiues of fuuae Fscrow Items or othetwise in aa:ordance witH applicabte taw. [!?°;�:==_- <br />- 'the E�ndg shall be he2d in an instim�oa whose deposits ate insured by a federal agency.�nsuu+*+�+�ry.or e�tity ��-=_ <br /> � ;�: : tinctndiug Leader,if Lc�r is such an iastitudon)or in any Fedeiai Home Luan Bank. l.ender shall aPAt3►the Ptrnds to pay x"�;.._ <br />- ��. :_,��,_ <br /> - — -- f dte Essmtitr Items. LRnder may noi cLarge Homnwer for hofding aad applying tfle F1�nds,annually anaIyzing t�e esstow ;;�`-��- <br />- acoouat,or ve�ifying the Esauw Items,wttcss Leuder pays Bomaw�interest oa d►e Ruuds and a�ptiraDte taw pe�its : -�_=- <br />- Leader tp maioe such a c�atg� Howeva.l.ertder may reqwre Baaower to pay a one�time charge for an independeat rral �---_-- <br /> `.�.:_� <br />- - * � . es�e�x m.poitiag s�vvice used bg I,eader in oonneaion with this loan,uatess applicable taw provides othernise. UWess an .,�;�-�: <br />?? ,* � ag�emeQt is nu�de or appticabte Iaw�equices inte�est to be paid,l.eader shall not De required to pay Boimwer aay intaest or , _-_ <br /> eamings oa the Funds. Borrower and L.ender may agcee in amting,6owever.Nat intecest sball 6e paid on the l�ind� i.ender <br /> � ' t� .� _ �=°_..� <br /> - �5�,�,`?�,r=.' s�all give to Bocmaer.widcoru charg�an annual a000uating of the tvnds.stwwiag er+edits and debits w the Fl�nds aad the . =__- <br /> • '.}"�,�1�',�t���: putposse for wWcd each debii oa the Autds was made. '[he Wads are pledged as additianal secwiry for all smms secuced Dy .';_��_� <br /> u po <br /> - ��ti'-.:�.'�;i��;'�{�:.�,=':: dvs Senu�ity InstnimepL `•' • - . <br /> .=�„z'?::::��:�`=k�a,.`,:�::�. If the �ads hetd by�ad�exoeed the amounts penriitted m be tield bY aPPUcable t3w.Lender shall.�oount to ``�'�.' <br /> �'� Somnwer for the excess Fuads i�acooidance with the cegauements of applicabte iaw. If the�ot�.o��te Fun6s held by t i <br /> , ,E „��� ��+ ,,<. <br /> ��, ' ���'<1F��€ ':t� Leader at any dme is aot su4�'cci�t to pay the Escrow Items when due,Lender may so notify Bo�row+e�in wri�ng.and in p �•�t � <br /> � ;s� e�kF i�`>�' such cese Bonower shaU pay w.I.eader the amount neoessary to make ap the deHcimcy. Borcaa�shali ma�e up the � �. �"�., <br /> � `�r���'�����.;` � de8aencyinnomoret�antwel�remoutlilypayments,azLead��solediscieuon. ;� , 't. <br /> _ ! ,«'�Sw„}u �c����;.: iTpoa paymeat in fuU of ait sums secumd by tbis Secmr�(nstmment,Lender shaU pmmptly nefund to�u�uwer any Y ;,� +r ,; '- `, <br /> 4����F� . � . • �ds held by Lender. If,under pamgreph 21.Lender siial�aa�uirF or sell the Ptu�ty.t�eader.pr#Qr w the aoqul5i�ion or ��� <br /> -��. � � � � sa'�e�of the Ptopeny.shaU apply any Fi�nds held by Lender at�e•ti�se af acquisitian.cr•sate as a cti+�dit against t�sums �' <br /> ^ •.,�_ � � secuced by this Security Instruraen� � � ,,�� i���"�: <br /> � � ' '�� 3. AppllcaBon of Payarents Unless applicable taw pmvides a��wise,aU.pa}'�tce�s�sv�d by l.ender under � � <br /> � ; ;,'s�°' . paragtaphs 1 aad 2 sitall he applied:first.to any prepayment cl�ges�ue t�tder the No2e:eaoaad.�o aaiounts payabie under • � � ' ��• <br /> ; F .,��.'•..� pacagaph 2;third.to interest due;fourth,to prine�Qal due;�d last.to any late chargeg�e r��iPie Alote. ,;;y � � ' <br /> . , � � 1 1�� , ; <br /> � .. 4. C 6arges;L ten9. Boaower s h a ll pay a l l t a xes.assessr�en t s�c h a s g e s. f in e s�f.�m p osi t i ons ataibuta6te to the '<`=,z�;f;� k,;` <br /> � ; . P�+ope�ty which may attain priority over this Security Insuumen�and teas��Id paym�rs or ground itnu.if any. Bomower ���.rs,.'� :�'�;f: <br /> �,:� ., shall pay these aEsligations in the manaer pmvided in paragraph 2.or if not paid in that manner.Borrower shall pay them on �,,ti��', �� ...::.�::�: . <br /> . � �ae direedy to��rson owecl paymenG Bomower shall prompdy fumish to Lender a11 aatices of amouats to be paid under ;:�°iT z, , � <br /> tfi�is�a�agrap�. Lf$ernuwer ce�atces these payments directly.�crrower shall pmmptly fcu�ish to i.ender receipu evidesising � ,�,,'���i�?� � <br /> ti ' thepag�neats. • �^w�'lv��� <br /> V,;C�l ' <br /> {�ciroxer skait�rOr��tt�ciischarge 2r►y tien which Aas�i�rity over this Security Er,s�ment unless Borrower:(a)agrees -..;�;�ng � ' <br /> � � • • ' lA writin to ttae ment of the obli ation secured by[he!'s�e;r in a manner acce tabie to Lcnder.(b)contests in gaod faith the . ��"�?�,;?���� .� <br />_.t,�. , �� lien b .or def� g P i. ... : ,,;�,�_ <br /> y �ainst enforcement of the lien in,legal proceedings which in the Lender�s opiniou operate to preveni the �;_: r�;; <br />--:�� � • � , � enfarcement tvf tcEce tien;or(c)secures from the holder of rbe lien an agreement sadsfactory to Le�dt�r subordinating t#te lien •� . �R*;.�: <br /> � '�.; � ';'.,;.�,. to dt�s Security Instrumen� If E.ender detennines that an��act of the Property is subje�t[o a lien which may attain�riority . .. ' �.''�. :• ,'`'-` <br /> , {':.. ,:::'r';�::l�t: �, `• overrhis Securiry Instrument,Leader may give Borrower a e�tice identifying the liert_ Borrowet shall satisfy the li�re or Wce . ,��;,, <br />_ � '' ' ''`����' �� oIIe ar more of the actions set fortA above within 10 days eff c�e giving of aotice. t : ., <br /> ' E'`�'�'.��. :�,..:••� 5. Hazar�or Property IasurauoG Bonnwer sha;l keep the ir.:y.�vements aow exisCng or i:�eafter erected on the � • ,:�' <br /> _`�•t :i,:,.. , . Ptv�erty insured against loss by fite,hazards included within the tem�`'e��nded coverage"and atiy a�i:r hazards.including ., .� . <br /> n <br /> ':! E-� ; . . ., fIa�ds or tlu�ing,for which Lender requires insurance. 'iliis insw�sc� shall be rteainta�ned in Lhe amounts and for the ':`- <br /> � ; � <br /> • • _ �orm3018 9/90 IPeBe 2 oj6 pogt.rl ' <br /> i�i � �, • . 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