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<br />__ --- _ 'i�0E1qi6R Wi'i7i al!t$e imgmvements uuar or�reataarer�d oa the prapc�ty.an�ait easemEnts.�cppu±�ensao�s.aad c
<br /> -- __—_ —= fixb,�ies now or bere3fter a gart of the.prope�ty. Ati replac�ments ai�d eddttions sT�l1 silso h� cove�d by.tnia Ssauity _-- —
<br /> -- `_----- -`== auwuwu�au. - - - — - �fIDtI�S-�W�iji _ '�-- -- -- - ---- --,-_--- --=
<br /> _— - - . . $E3itROW�R 4'�VEAIANTS tbat Borcower is lawQ'ully seised of the estat�t�e6y coaveyed�aa has the righs to giant�c�� -
<br /> = - -----= oonvey tf�e Ptvpeity`a�that We Pnoperty i�uaencumbered.exaept for enaimbrmioes.of r�oord. Borrawer wareants mid wlli
<br /> y. defead g�earaUy ahe tit�e to the`FcoPe�tY against a11�taims add demand.�.su6ject to any encumtimnoes af ceQO�- � .
<br /> =,r.,� 1�IIS SECiJRITY 1NSTRt�MBNT wmbines uniform cavsnaats for oadoaal use aad non=unIform oave�nls w�tD�imited _ �.-
<br /> . vatistioAS by jurisdiaroa to rns�stiwie a uffifozm securitq instnsr�nt coverin8 real F�'oPeK3►• • ' ' -- -
<br /> t)PIIFORM CO{�Nll1�'C5.Barsnwer a�i.�+ter eavenaai and e�ree as fottaws: - ---
<br /> ; . . - - _
<br /> , �i�� , 4 1. Faytt�t of Ptiytctpal and Inte+cs� Ftepa}'mc�!ead Late�hnrge�.. Banrower shaU prompdy pay whea dus the � _�
<br /> s ---- "—_- -�l�aad��as-thed�tcvidctt�odbytt�Natea�tdatsy��andlaisdtargesdueetitder-theIVote.--- -�- ��� — _�
<br /> :.�F: �`'� Z.Flmuds is�r�Tex�and 1�ance..S�bject to applicabie taw or.to a wriaea vraiver by Lender.Bumower s6all p�y to �:,�.���`-
<br />--:�� -, �.:;,.': :- LeIIder on the day monthty p�yments am duc uader the Note.unW the Note is paid in ful�,a sum('Funds•1 for.(a)Yearly mues ;:_-.���,����=.
<br /> _��. ,'�= �pc�ecme�+r�whicb attaia riori rner ttas Seeuri Insaument as a tiea on We Pro .(b? '- ` `�� . _
<br /> �Y P tY t7+ A�Y' Yearly leaseho�d payatenta '4:-.�• �,�-
<br /> - or gcuuad rents an the Peuperty.if any:(c)YeartY hazard or propeRy insuiance p�emiums;(d)Yearly ttood insuranoe premiurns, ""•s�- -
<br /> .�� _
<br />;.y: .� �if say:<e).Yeas1Y awrtgage insaraa�e pneuiiums.if any;and(�any sums payaDle AK Borrower to Lender,ia acoordanoe with �' `�''�. . � . : �-.
<br /> �.. ;.,,:�c'•,;.�, tt�er•provisions of paragiaph 8.in lien of the payment of mortgage insurance premiw�s.Tkese items ane calIed"Fscrow ttems.' :,_,•.�;z w� � ��,�;;•n--
<br /> ' �-� ` s� . . i�nder.m�y.at any time,aolIect sud hoId Fuads in an amount aot w gxeced tha m�urimum amouat a lender for a federaUy ' ��` '" `
<br /> �' ` ` � ielatad�mnrtgage_toadmayr oec�ire£or Borcower's escrow acanuat under tlie federa!Reai�F.state Sentement Pnocedures Att of �� �..��
<br /> �:.. -�-
<br /> , ;, `s�M�:� .��«�`--: 17I4as amended fmm ame to time:.12 U.S.C.Sectfon 2601 et aeq.(•RESPA•},ual�ss another law t�at applies to the Funds > ..� A �-
<br /> �. ,
<br /> -- `�x�'`='=';"°``` sens a le,ssec.-amaun�If so, Lsader may.at any time,mlled end huld Fuads in an amonnt not to exeaed die[esser a�noun�. ���.� ��'.i::�`�'_
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<br />-:�., •','�� �.,•�. . Lender may e.�timaLe the amouat of Funds dae on the basis of current data and reasonabte estimates of expendiwres of fut�me _r,:, � _�
<br /> .,� �
<br /> �r}� ti r � Fscrow Items or othe�vise in a000idanoe with applicaDie Ea�v. ��-
<br /> x��'�`` �.-�• 11ie Funds shall 1�T�etd in an institution whose ts are insu�ed b a federal e -
<br /> �,�, �� Y � �Y. instrumentality. or eniity �.; � -�- _
<br /> "�°�'_`. "�;'•: mcludin t�ender,if ixa�iet is such an institution or in an Federal Home Loan Baak.Lendet shall t the Fuads to the ��'`'` =
<br /> .s... �• g ) Y aPP Y PaY :.r t..�.';
<br /> �;��•,._ '�ta..; ' -
<br /> `�, Fscrow Items.Leacier way aot charge Borrower for holdiag and appfying the Funds,anauaQy m�aiyzing the escrow a000unt,or �. v:..�..`-�Y''
<br /> , ':°',..,. . m a •� , ��;h •;-`•
<br /> - ` verifyiag the Fscrov�Items.uniess i.ender pays Boreower interest on the Funds and applica6te laarpermits Lender to make such '�t.."
<br /> .::�3u�::`.
<br /> °`y ` r a d�arge..However.Lender u�y require Bomuwer to pay a on�titne charge for an independent real estate taa re�wrting servioe :.�•��'
<br /> �� ` --
<br /> ~�` �•�•t�f'h '' �d by Lender in oonnoctioa with tttis loan, unless applicable !aw pmvides at6e:wise. Unless an ag�eement is made or <�'-:,J .r ."3'.��,-
<br /> • � •:'�,�:'�,��`� �i �licable IacK�equises iatetest to be paid.Lender shali mot be required to pay Borro��er any interest or eamiagson the Funds. � �__ �� s�
<br /> ` Borcvwer aa���.�eader may agree in writiag.however,that interest shall be paid on the Funds.ixttsier sha[i give ta Borrower, _ ,��°,
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<br />_?, , . .�:,.., `., ... �vithoac�c h a��e„san annual aeoounrin g of the F�nds.showin g credits aud debits to the Funds ascd the p u i p o s e for.which each �
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<br /> � ',,ti'��•- ' ,.' ;.;, debitm.��Ui�3s was cri�e.Tke Funds are pledged ac additional security for all�msSetvred by this Seivriey inswment. i�. `:� �.:,�''_.
<br /> ��.; F�F,�h,� _ • if'the Funds heid b}!�er exceed the amounu pemutted to be held by appli�te law.I.ender shall a000unt to Borrower �,;r �., `�,. ,�_
<br /> ` r �`�,�2' �. :, for the exoess Funds in a�ance with the requirements of applicable law. If the�aawnnt of the Funds hetd 6y Lender at any y�ti` �. �t �
<br /> ��, ;1.�".���' '� time is not suffi�ient to pay the Escrow items when due,l.ender may so notify Borrowet in writing.and,in such case Bormwer � ""�•--
<br /> - �• :,.. ,::�..•-{•;::;•:'�'-• shal!pay to Lender the amount nerexsary�o.make up the QeSciency. Borrower.shall make up rh�de&ciency in no mor�e than �'�;;�'''=-
<br /> . ' � 't; .` i,��;j;` - ;` � . ._ �
<br /> �; ; ��a y, ,�E,;t twelve monthiY P�ymeats,at Lender's so2e discretion.
<br /> ,�`-; Upon payment in full of all swas secured by this Security instrument. [.ender shall promgECy�refurnf in Tdarrower any �' � '
<br /> 1 �t",;�. � Y�ads held by Lender.If,under paragruph 21.l.ender shall ncquire or sel l the Property.Lender.priar�o tAe ac�c�irion or sale � �:. �f�
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<br /> � � ;�;>. •'�• ;��*;a? v f t h e P c a p e r t y,s h a l t a p p l y an y Fu n a s held b y I.end er at th e tim e of ac quisition or sale as a credit a�ainst the sums secured b y • � -,�€L:
<br /> _. �:�>.''�:,-~. �`':��,.r.- this Securiry L�.rument. � - ':I
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<br /> � Y�:ti,,,:;'_:;' ;� •_:�t��,�. 3.Ap�ton of Pay�nents.Unless applicable law provides othenvise.all payments recei��by 4ender under paragraphs `r_.. �.''�
<br /> ; �� �. _ . t and 2 shap be applied:first.to any prepayment charges due under the Note:secand.to amounts payable under paragraph 2; ��� � • -
<br /> -s� v ��t�,. . , -.�:., .
<br /> cicird,to interest due:fiourth.rn principa!due:and tast,to any late charges due under che Note.
<br /> , 4.Charges;Lierns.T3c�awer shall pay all taxes,assessments,charges, fines an3 impositions attributable to the Pioperty '��' � ��
<br /> ,;�:�
<br /> ' whieh may auain priority cnrer this Sectuity Instrumea� anct leasehotd paymenu ar ground ren�s,ef any. Borrower shall pay � • :,�'� •
<br /> ' �`, � �. �� �� ' these obligatians in the ma�er pra�ided iR paragraph 2,or if not paid in that ma�mer. Burrower shaii pay them on time directly E.�;- ���:Z�;��YF• ,..
<br /> , �+';:. . .,�. ..
<br /> , E ° ' to the person owed paymen[. Borro�ac�e 51�1 promptly fumish to Lender all notices of amounts to be paid under this paragtaph. k> `� �
<br /> ��.:"t:
<br /> __ . ` ' ' Lf Borrower makes these pacers�,s directiy.Borrower shall promptty fumish to l.ender receipts evidencing tfte pa��rnents. ��t�° .' �- .
<br />-`�;: . � • Borrower shall pmmpi€6 c�",,�,.•h�r�e any lien�vhich ha+priority ovec this Security Instrument unless Borru:�er:(a)agees in �� . • �'� `
<br /> • �• , writing to the payment of theoh{iga:iort�red by thc lien in a manner acceptable to Lender:fb1�ntests in good faith the lien ,':�' •
<br /> `� ' . ,,;_.•� . „•,,' by. or defends agaimt enfarcement of the lien in. legal praceedings cchich in the Lender's apiR"son operate to prevent the �• . �
<br /> ' � � enforcement of the lien:ur 4c�secures from tne huWcr uf the lien an agreement satisfactory to Len3er subordinatinb the lien ta ;:� � ` �
<br /> - ss�-�� ' V:'" ,
<br /> • . ,, tlds Security lnstrument. (f L.ender determineti that any p:trt of the Pruperiy is subjcxt to a lien a�hirh may sttain prioriry over +�';�r- . .
<br /> ��� this Security Inswment.Lender may give Borrower a notice identifying the lien. Banower shall 5atisfy the lien or take one or '
<br /> ''' `•'-� �. ,';�` more of the actions set forth above within 10 days of the giving of aatice. ' .
<br /> ,.} . .
<br /> i�,: Form 3028 9/80 '
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<br /> � - - ' Paqa 2 of 8
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