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<br /> T(X7tLMILR WiTH all the imPm-.vv eras now or heresller a ott the praptxt-~, said ill easctrrterrts, apptt.ntcrtat~~es. and
<br /> tixturc,K N,w or hereafter a r-mrt of the property. All replecernem and additions shall also be covered by this Security
<br /> Instmntent. All t4 the. foregoing is referred to in this Security lrsttvmertt are tae "Property.'
<br /> WiRROWER COWNANTS that Hotronacr is lawfully steed of the estate hereby commyed and has the right to grant arch
<br /> cvnvev the Pmperty Intl that the Pnlvny I% tnrcttcurnhtted, except for encumbraim of ntcoi . Barmwer warrants and will
<br /> dcfcrnl generally the title ir+ the Prrlx"y rtgairist sill claims and oclnarnd%, snl*o to arty crk-iattbeinces of treord.
<br /> TIIIS SECURrre 1NSTRU,%iENT cxxnbincs tutifarm ctnamn for roticxta) we and teen-uniform coven tits with Ilmitol
<br /> variai i nns by jurisdiciitrn to cot witute a unifernt security instrutraem corvcritil real property.
<br /> UNIFORh1 CCV liNANTS. Bnrttawxr and Lr 4er covettnmt laud agree air folimn:
<br /> 1. Payment of l`rlndpatl and lntmtaf; Prepallauat and Left Cl mVm Bornmvr shall Ptotmptly pay when due rte
<br /> pr►mipail of and in;cl"I tin liv t;^M evidenr,td by; the Nroc until any prepayment and late chlrM, due under the Note.
<br /> Funds for Ta+tr+ and lasumnce. Subicca to %pl Ae lawn err to a wrilam waiver by hander. Borrower shall pay,o
<br /> Larder on the day monnotly paarrraents ante chat uadcr the Nome. until the Notc is paid in full. a sum ('Funds") for, (a) yearly 1&%,*
<br /> arsl (a.+sC+t 1T"tr l%HCh nary retrain priority oYst this Seerttity frttararaatwtl! m a tiro tan the Pmperty; (b) ytwiy lcwclK4d paytrxx. is
<br /> or grt*i:rx! rents ran rile Pml+rtty, if :m; (c) yrmtty° instant! err Pnaptrty inwrrtttw Prrttntntrts; (d) warty fkad inwttutce premium t;,
<br /> i(' any: (el ready nattrtgaagr insurance premiums. if any; and (f) atny turn% psyable by Hotrosim to Lender. In accordance with
<br /> tilt ptasixiunw of para)trarph S. in lieu of the Pc yrrtcnt of morippe %r utaigim prcrttittms. Thm iU7W are adled "Eutaw ltcma."
<br /> Lender riuv. at an% trot, collect and bklld Funds in an ainourt not to vtcecd the maxin ml smount a lender for a fedem ly
<br /> related nlo? gnge laert mars m-quire for Bono tee s escrow account larder the lioderal Real Estate SNdancm Procedures, Act of
<br /> 1974 as amended from time, to tit-x, 13 U.&C. Section -YQi tf ar[v_ ("RESPA"). 1lrtfen another law that applies :o the Fords
<br /> rcts a Ies-wr at umm. If so. Lcvder nu y, at any time. collect and hold Funds in an amount not to exceed the lever asnouat.
<br /> t-ender r ray esttrnwe the amcwrt of Funds due on the bwix of cure mt data and rea sonible cWmagam of experdinuvs of fut ire
<br /> E%crow' hems or otherwke" to accordwice with applicatale tang,
<br /> Thr Ftirxl-~ shall Ir- held is an irmitution whose depCarcitx we insairt:d h) a federal agency. instrumentality, or -n ity
<br /> (imiudin Leaxler. if Lrndcr is such an ingitutivo) or in any Federal Pairm Lrun B3nalt. Coder shell apply the For-is to par' the
<br /> E.~+uw penis. L cndrr nuty, : aL?t :h=pe Botirmrr for bolding .read applying tae Funds, annually analyzing the escrow account or
<br /> •trifyrnt; the Eti_n.w" Items, Lary -r pmcK llrmowrr pmsresit on the Fund's and applicable law pernuts Leader to make sash
<br /> a eta.."r-r. Ito%,trcr, Lenxier may require tyrrmwcr to pay a ork-lime cbarge for an drat real e, c tart reporting ser+iCe
<br /> u,,~ by L-ndcr in Lomlcci.ion with this Wert. unk- s appliesablc lavw ptcsvides otherwise. Unless an agreement it malt or
<br /> applicable law t. uirvs interest to tv paid„ Lenkr stash not lea' required to pay W=owrer any interest or carnitaga on the Fur ids.
<br /> !'.;•rrnsirr and Lcntlc, 9%-.v sake in writing. however. that intcxrst shall b paid t>4't the Funds. Lender shall give to Borrower.
<br /> with,•.;a .:eta:gr, all annum amt- nilAg of the Fund. she-erring ti-xrrdits amt debits to the Fun& mad ine pure .u for which .-Ach
<br /> debit tt, tit: = +xfi wa, irtade.. TIv Funds are pledged as JditkwW wears for all suers secured b~ this Security irwrtiment.
<br /> If tilt FuN, +,041 17. 1.-ktx er c.xeet,d the amc+nrts prmincd to be held by applicable ljw. Lander shall account to Born ewer
<br /> for the evwcst Fume tit :N:zvrdarsc with Vht: I'muirt"Trils of applicable law. If the itrourg of the Fundit held by Lender at any
<br /> time is Vint cttltiomt to par lh- l %crow lures when due. Under orgy so notify Bor"cr in writir*g. arid. in such case Burr ewer
<br /> :shall pay io Lender tits amowit rxotmsary to rnakr up the. d,^firiency, Borrrawcr "I matte up the deficiency in no more than
<br /> twchc rava•nthly pa}Vrrnts, at Lender'- sods distention.,
<br /> Ups,n paymcni. in full of all salmi -ured hr, this Security itas -umenr. Lender shill promptly refund to Borrowe- any
<br /> Funds hold by Lender, if. ur a paragraph ..,1, Ltn&-r shall acquire of sell the. Pmperty. Leader, prior to the acquisition o • sale
<br /> of the Pwpcrty, shall apply sixty Funds held by Lender at the time of acquisition or sak as a credit against the starts secund by
<br /> this Security lnstrunicni.
<br /> 3. App!"llon of Payments. Unless applicable law provides otherwise. all payinents received try Lender under varag.*m
<br /> 1 and 2 shall be appli•-d- first. to any prep ayrnent chimes due under the NMc; secotd. to amounts payable under paragral h 2
<br /> tnir 1.:o in crt`st due: fi.urth, to principal due; and t„xt to xW Ime tharM due tender the Note.
<br /> 4. Charges: Llem. Borrower -}tall pay all taxes. +surnrarmts, chargm fines and impositions; attributable to the Prgw:rty
<br /> which may attain priority over this Sccurity Instmintnt. aid leasdtold paynterim cw ground rents, if any. Borrower shall pay
<br /> these obligations in the manner provided in pamgmph cw if net paid in that trimmer. Borrower shall pay them on time dinctly
<br /> to the l'erecn owed l*ayc,ent_ Borrower shall ptorrTtly furnish to Lender ail notices of anxxi its to be vaid under this paragr.tph.
<br /> If ` orrowrr ";:lees th. pad =r w, Boennvter shall promptly furnish to Letw:a receipts evkkm6ng the paymerts.
<br /> &•rn,.rt r shall promptly discharge any lien whicil has trimity over this Security Instrumnt unless Borrower= (a) agret s in
<br /> wring to the payment tit' tits obligation cccurcd by, the lien in a nuruaer acceptable to Larder- (b) coaucsts in good faith the lien
<br /> by . or do '-Ws against criformment of the lien in, legal proccedie&s which in the LendWs opinia.-i operate to pievett the
<br /> enfor`,ruleent of the lien; or (cl stc-ums from the bottler of the lien an apreement satisfactory to Lender subordinsirg the lieu to
<br /> this Sc-e:rity ltstrunaent. If Lender determines that any pxtrt of the Prc-pert,, is subject to a lien -hiGl n= attai~t priority over
<br /> this Sezurin Irctrurnent, Lender nny give Borrow;er a *rolice identifying the liat_ Borrower shall satisfy the lien cr take out or
<br /> rax~re c,C ek e a ticsa~s sea faxtla aoa+ve ,t ithin 1 Q Lays of the giving of notice.
<br /> Form 302x3 9 90
<br /> -age 2 Pl 6
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