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<br /> '1'O(}BI'k!ffit WI'f'H �11 the imprawmma now oe hee�ait� a�eeted on the y. �nd al1 aarwranb,
<br /> �pp�rbMnoa,�nd tlrtun�rw�or bawloer a p�rt af ths pr�opKty.All repi�oemane and�ats�iull aLo be oov�e+�d
<br /> fqr thi�8+curity tntnnrmnt.All d tb�lbropinj i�r��rnd w tn thia S�curity Imtrum�nt n the'Prul�'tY•�
<br /> HORROWBR QOVBNAAII'8 tl�rt&xroMee ia laMfully�etied ot the atate hanby oa.�veyd and hae the d�ht to
<br /> �-�t�t�.zz��tl�s�'ra�rt;ss�tl�at tlee Pro�rip��sttrnes�besrcl.exc+ept tar enoem�breners nf r.w�nl. Aon�ow�r
<br /> warnntr and�vl11 d�t�nd�netally tht titb to tM�'rop�ty apiwt dl daim�and deenand�,�ubj�ot so any enaumbatioM
<br /> of noord.
<br /> THIS SBCURITY 1N9TRUM8NT oom6ina unifoem ooven�nn for natFaul we and non-unitotm coven+utta with
<br /> limit�d v.riation by juri�diotion tuo oon�tttutea unitorm s�c�x�ity in�tncment ooverin�red pnopaty.
<br /> _ � UN1FO1tM COVI3NANTS.HaroMer u�d Lakler wve�nt uid�ree ao tolloac
<br /> 1.Psym�nt ot Priscip�l and laterost;Prop�ymrot�ad I.�te C6u�a.AorroMer dall promptly p�y Mhen due
<br /> the pclt�clp�l af�nd intarost on the debt evldenead by the Note and any prepayment and late chu�es due under tha Noto.
<br /> 2. Funds for Ta:ea and lo�unnoe. Subject to appltrable law or w a Mritta►Mdver by Lender, Horrower ehall
<br /> ��to I.endec on the day monthlypsymants aro due und�r the Note,until the Note is p�id in iull,s sum ("Funds")tor.
<br /> Yarly a�ca and aereesmente Mhiah may att#in prlo�ity over thi�Secudty Instrnment as s lien on the Property:(bI
<br /> ywrly la�eiwld p�yments or�round rents an the�operty.if any; (a) yarly hazud oc pmpecty imuranoe pramtume;
<br /> ---- (d)yarly tlood insurance p+emiume,if�ny;(e)yacly moctQaQe ituur+�nce pcemiuma,it any;snd (f)any cums payablo
<br /> by Borrorvx to I.ender,in�ocor+dat�ca Mith the provleions oi pac�caph 8,in lteu ot the payment of mort��e inawynoe
<br /> premiume.Thae itams aro a�lled'Becma Iuma."Lender may�at any time,oollect snd hold Funda in an amaunt not
<br /> to oxceed the maximum amount a lender for a federally ralated mort�a�e laan may roquir�tor Borrower'a a4eroN
<br /> aoopw►t undat the tederal Real Fiute Settlement Procodurae Act ot 1974 as amended trom t�me to time, la U.S.C.
<br /> Section 2601 rt ap. ("R�PA"�.unlees�nott►er law that�ppiies to the Funda xts a len�er amount.If eo�I.ender may,
<br /> � at any time�oollect and hold Funds in an amount not to eioeed the la�eer amount.I,ender may estimite tlx amaunt oi
<br /> _ Funde due on the b�sie of cunent data u�d reaeonable astim�tas ot erpendituros of fuc,�t+e�iwr+ox +ems or nth��wriie�� _
<br /> � accordanoe Mith appltcable law.
<br /> .,:� The Fnnds shall be held in an institutlon Mhoee depoeits are insurod by a tederal��oncy�inetruma►tality.or entity
<br /> (including Lender,if I.ender ia such an institution)or in any Fakral Home Loa�Bank.I.ender shsll�pply tht Ft►r►ds tc►
<br /> ' pay the F.acrow Items.I.endar may not char�e Borrower for holdine and applyine tho Punds,�nnwlly inslyain�tho
<br /> � eecroN acc�ount,or verifyi�Q the Escrow Itema,unlees Len�er pays Borrower interost on tho Funds and sppliaible law
<br /> permite Lender to make such a ctw�e. However� Lender may require BorroMa to pay a one-time chtr�e ior m
<br /> . independ�t eal oetate tax reportinY servicx used by I.ender in connoction with this Iwn,unlese�ppliaible law ptovides _
<br />�',� otheraise.Unless an a�reement is msda or applicable laN roquines interest to be paid,Lender ehall not be require�d to
<br /> pty Bornower any interest or earninp on th�Funds.BorroMer snd Lender may apbe in aritin�,however,thst interest
<br />. : , shsll be ptid on the Funds.L,ender sh�li give u�Borroaer,without ciur�e,an ann►wl accounting ot the Funds.showin�
<br /> crodita and debits to the Funds and the purpose for which ach debit to the Funds was made.The Funds aro pladYod as
<br /> additional Aecurity for all�tr»a Aecured by thia Security iaQtrument.
<br /> .:�"'�'�`�'� It the Funds held by Lender eYVeed the�mounts permitted to be held by applicabla law, Lender shall account to
<br /> � �`::,.. •.,,-
<br /> . l::a:,,:,,:,-' : �• � Borrower ior the ezcese Funds in acoordance with the requirements of applicsbla law. If tho amount of the Fw�ds held
<br /> ``��'; '• ' by Lcnder at any time is not sutticient to pay tho Escrow Items when du�,l.ender may so notify Borrowcr in writing,
<br /> "� ' � and,in such case Bonower shall to Lei►der the amount nocessar to make u the doficienc Borrower st►np make
<br /> � rt '}�'�� u thodeficienc tn no more thentwelve monthl y p y
<br /> � =���•=�•�� � p y' y paymente,at Lender's sole diecretion.
<br /> ��N:;, .:, , . Upon payment in full of all suma secured by thia Security Instrument,I.ender shall prompdy nfund to Borrower
<br /> :.J�,.,�,,,i,,,� ` any Funds held by I.ender. It, under ptragraph 21, I,ender shall acquire or sell the Property, l,ender, prior to the �
<br /> acquisition or sale of the Property,shall apply any Funds held by Lender at tho time of acquisition or salc as�credit
<br />� „� ,,�,.,,�. aYainst the sums secured by this Secucity Instrument.
<br /> =,�• 3. Applicatton of Paymcnts. Unless applicable law provides otherwisc,all payments received by Lender under �
<br /> pan�raph.g 1 and 2 shall be applied: first,to any prepayment charpes due under the Note;second. to�mounts psyable
<br /> ; •_,w.,,;..,., under pera�raph 2;third,to interest due;fourth,to pnncipal due;�nd last,to any late charges due under the hote. -
<br /> , '.;-•-� •- 4.�C6atr�es; Liens. Borrower shall pay all taxes, assessments,charQes, tines and impositions attribuuWe to the ��-'
<br /> � •• Property which may attain priority over this Security Instrument,and leisehold payments or ground renu, if any. �•-
<br /> Borrower shaU pay these obligations in the manner provided in paragraph 2,or if not paid in that m�nner, �3orrower ` "-
<br /> shall pay them on time directly to the person owed payment.Borrowcr shall promptly furnish to Lender oll noticesof 4``�`'
<br /> amounts to be paid under this paragraph.If Borrower makes these payments directly,$orrower shall promptly furnish ����
<br /> to I.ender receipts evidencing the payments. •�-
<br /> r.-y r.__:
<br /> �.,,�.;• - • Borrowet ehall promptly discharge any lien which has priority over this Security Instrument unless Borrower.(a) i
<br /> . -�' � agrces in writing to the payment of the obligaiion secured by the lien in a mann�r acceptable to I.ender; (b)cantests in � -
<br /> � '�;,, ••. . good faith the lien by,or defends against enforcement of the lien in,lege( prceeedings which in the Lender's opinion ��=1
<br /> �!.._ :� operate to prevent the enforcement of the lien;or(c)secures from the holder of the lien an agreemeni satisfactory to F
<br /> .a-V,'", Lender subordinating the lien to this Security Instrument.If Lender datermines that eny part of the Propert�•is subjact f... -
<br /> -� to a lien which may attain priority over this Security Instrument,L,ender may give Borcower a notice identifying tlie �
<br /> ' lien. Bocruwer shall satiafy the lien or take one or more of the actions set forth$bove within 10 days of the giving of �
<br /> � . notice. ;
<br />_ ., Fww 302{ !!90
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