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<br /> : .�, � �. "1��E�il!��Mb'l��i�OR C!��:A�C���E�011Xs��1.��.��.� :
<br /> ': �!i 101t C[`���t !Of`1�1C.plp�!!!'. NI f�0l��'� �10��f�iti0��R�EO��.��<�. �
<br /> . �.!�U�f lie fotqoi�is�erened io i��ii Sewrity.�nAti�at�die'liaputy.'<: : . „ ` ` ° �
<br /> . =�OR�NSR OO:VENA1i7'g tY�t Himt�eir��w�fi�p iei�ed'ot'�Ati at��a�eb�►ce�nr�ei aM 1�lie�i�t ii�prt a�i� <..
<br /> ,coav�►itie P�oparty aed Wd t�t Ptd�ety is toeaauab�ed.tsoe�t for s�e�es o[raoo�d. llafo�rer w�etae4_r�t ,
<br /> �efmd�eoe�ail�r die tiUe�o We Fi�4peetr a jaioit dl cLim�aod de�od�.aob3gd 1�.!�►�deeooed.. ��
<br /> �11�13 S�ECIJRTI'Y INS"tRL11rtEI�'t'oombiees adfo�m oo�e�ts far a�tiaoit n�e aid aoa-mai�Oem ca�earia widi�ed �
<br /> wriuiot�s by jutitdiction xo oorotltole�a mdiam aew�ity i�4utnaitoo�veria�ra1 poopaty , . ` . � ' � '
<br /> - �. �JI�Q�tM�'O'�1A�1'1S-�8ceonr�r au�Y�odei cotiea�ut aod ap+ae�fdlo+rs: . � -
<br /> ` Z. hjae�t�C�M�etNl�i_f�iae�!felUi!st ai Is1e CY��er- Bo�o�er�U p�apdy PaY w�an d�e tMe�-
<br /> priocip�l of ard i�erat Po the del�t evid�aaed 1�Wa No1e and aQy prep�ymmt a�fd f�te cl�es due aider t6e Nde. . • �
<br /> � 2.Brri tar Ta�es ad Lwra■oG Std�ject to appliabk ta�v a w a writka�raivar by Lioder,Boeow�es s6�U pry b .
<br /> LtOdClaat6C dq►moothlY P�Y��lre dOG YOdef the Note,aate'i tbC NOtC�SS prd ni f011s tlOm("FYnlli�)far:{s)yat1Y 1�cea
<br /> �nd�ts�id�mry�tain ptiority ova t2os 5ocarity Luauman ss a liea oo tbe Pnopacty:(b��ar1Y fea�ebold Paymd�s .
<br /> or gc�ooud reats oa the Pivpe�cy.if any:(c)yauiY h�aud or propeny mar�ooe p�;f�Y�y��P��
<br /> if�►5►:(e)Y�►mo�tp�e ina�uaooe ptaitioms,if mq:a�d(�aQy.so�P�Yabie bY Boanvva w I�der,i�acaoni�soe�viW
<br /> tbe pmvisiona of p�rsph 8.in lieu of the p�ymeat of mo�e iasu�uoe p�emiva►s.'ilxsa iten�are called'Fsi.�a�v Ii�at�s.'
<br /> l.a�det a�y.�t�y tlme;oolle�t aoa hold Fands n�an amooat tat w e�oeed the mud�m�mou�a fmder for s faderdly
<br /> zd�led mort�ge,lan may.ioquire for Barower's escmw a000uat unda tbe fedmi Rr�l Fat�e Settlaoent Piaoedu�es Ad of
<br /> 1971 ss aa�eodea fmm time w time, 12 U.S.C.SeRioo 26Q1 et stq. ('IFESPA'.anless atothe�b�v t7�at�pglies m'tbe Fuadti-
<br /> sets a lesser amou�t. If sa.I.rnder mry.st uty time,oollert aod 6old Fands in an amoont aoE w exoeed tLe lessa�mount.
<br /> I.eader mry dtinate tbe aa�oaeE of Pam�ds doe ae the 6agis of curran data md na�son�ble�of�of fuwre
<br /> , F.acana�r Laos a athetwise in aoeonlanoe with appt��bk law. ' .
<br /> . � .'�]re Fands absU bc hdd in at� inuitutiba aci�ose deposits ue iasutad by a fedenl agar.y. it�dnanean�ty. or.drity �
<br /> ,..,;:,
<br /> .('mctudiva I.eoder,if I.aider is sw�an instinuioo�$"u�r in any Feder�l Haa Lan B�nlc.La�der s1�11 apply tha Fuuds w p�y dye
<br /> ` ' Hscmw Itams.L�endci may not cfluge$orrowa�i'8oldin8�aPWY�B�F�•�Y��S tbe escm�v acmu�,or . :
<br /> � verifyin�tde Fscrow Items.uNess L�ender pays�orrawer intaest oa the F�ds and applir�b�e taw permtts Leader tn m�e sueh• .
<br /> a rba�:However,Lar3er may:arynire.Homnwer-w pay s anc�rae ch�rge for aa indepeadait ieal es�te tu��RVtce.. ..
<br /> used 8�c:�ader in conmxion with this to�n, �¢tFess appTics�€ !aw pmvi&s otherwise. Unkss aa agnxmmt is ts�e or
<br /> :�:: �PP1.��law roquires intarst to be paid,.Lerdea sLaU not be nqnfined w pay Bormwei any interat a earoings on t1�e Fuads. :
<br /> '; :Bor�uwcr ancf I.eMer maY agref ia vv�iting,hav��:.:that intercst sNall be paid on the Fu�ads.Lender a1nU give to Bomawa.
<br /> :.� without chi►ge,an annual accaman�of tde Fnnd��'�st;+awing crodits and debits to the FuMs aod the purpose for wticb eac6 ..
<br /> :�' . debit to the Funds waS rtiade.The Femds are plddgec#`as additional socvriry for ali sumc securnd•by 1hLs�3ecariry Instromen� ,
<br /> � `� If the FuMs held by L.�nder exceed the�s,permitted to tie held by appiicable IAa,Leader sl�all wcou�to Hocmwa
<br /> •.�.for t1u exass Funds in accorclance with the rcc�u�os�ts of applicabte law.If the amoura of the Fu�ds lseld by L,rridcr at smy
<br /> . time is aot sufi'iciertt to pay the Escrow itang when'die.Lender may so notify Borrower iu writing,and.in sncA cxse Botrower , •
<br /> ,sbxll pav to Lendee the amowrt�cessary.to maice up the defic'se�xy. Borrower shaU make up the deficiency in no meae than �
<br /> twelceaionthly payments.at Lender's sole discredon. ' •
<br /> L"pba payment in fuU of all sums secuced by this Seearity lnstrument. Lender sh�.�romptlY refund to Borrov►�r any .
<br /> Furds held by Lerider.lf.under paragraph 21,Lender shali�yvire or sel!the Propert�,€e�sder,priar to the acquisidon or sale ,�
<br /> of the Property.sha!!apply any Funds hefd by Le�er at the time of acquisition or sale ac a credit against the sums soeltrod by
<br /> this Security Itutrument. .
<br /> 3.Applicatlon of Paymeets.tT�7ess appficabte law provides otherwise.all payments re�ived by l,ender urder paragrap6s
<br /> 1 and 2 shall be applied: first.to aa.y.p-epayment charges due under the Note;Second,to atiioiuits payable under paragraph 2;
<br /> third.to interat dae:fouRh,to principal eiue;ans!tast.to any late charges due under the Note.
<br /> 4.Charges;Liens.Borrower shall pay ail��;assessments,charges, fincs anc! "impositions attributable to the Property
<br /> which may attain priority over this Security lnsirEnerit. anc!leaschald payments or ground rents.if ang+:Borrower sfiall pay
<br /> these ob[i,ations in the manner provided in paragrapb`2,or y4 na��aid ln that manner.Borrower shal!pay them on time diroctly
<br /> to the p�s:�n owed payment.Borrower shall prompdy famis;�2�c��rtder all notices of amounts to be paid under this g�ar�graph.
<br /> If Borrawer m�kes these payments directly.Borrowcr shall pro�riptly fumish to l,ender re�aaipts evidenring the payment�: �
<br /> Borrower shsill promptly discharge any lien a�hich has priority over this Security Instrument�r.�ess�r�'rower.(a)agrees in
<br /> writing to the payment af the obligation secured�v�he lien in a manner acceptable to t.eadew(b}oa�:;�s=�i good faith the lien
<br /> by. ar defends against enforcemcns of the lirn i�, legal praccedings which in the i.ender s o�ir.iaa operate to prevent the
<br /> enfarcement of the lien;or(c)�rs from the holder of ihe lien an agreement satisfactory to Le�der subordinating the lien to
<br /> this Security Instrume��. if Lender determines i'�at any part of the Property is subject to a lien which r_�y attain priority over
<br /> this Security Instnimvr.�i.ender may give Bore�u rr a notice identifying the tien. Bnaower shall satis£y o�::lien or take one or
<br /> mote of the actions s�t��rth above within 10 ds�.�f Ihe giving��f noticc. � .
<br /> � � . Farm 30Z8 9J90 .
<br /> , Pa�2of8
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