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<br /> ---- ---- '�g��W����{�M�q1�1MVM11/flli IIOW Of�NIM�Mf OqCl/d 00(�M P(OQO�tY.NI/��OMq1101Mt'�M�p��llal� ifld
<br /> nxwiw nnw a b�r+dbr r pn+ ot the pr�ap�rtr. RI� � .ad .aaidoa. .t►d� .t,o ae covw+a! by thi. s�auity
<br /> � 1�mrn�. All of�ho fonwby u nfirnd w In thi�5ecurUy Inuument u the'F'roperty.'
<br /> HOR1t(3WP.R COVHNANTS thM�wer i�lawflilly�ei�ad ntthe t�t�te heceby oonveyed�nd hu the�i=ht W at�at and
<br /> ' canvey the Fropeny and �!w tho Pmperty ir unencumbend.ezcept fcx er�cumbnnca of r000rd. �rowar warrWa�nd wiU
<br /> � defend�onornlly the NUe ta tht Pn►pcny�rinrt vl cldm��nd dem��xlr.w6Ja�t to�ny ern�etnbnuxea of rawrd.
<br /> ' THIS StBCUR!'1'Y lNSi7'itUMENT cornbina u�lfarm oaveruMr for n�tiawl u�e and iwn-unlform ooveeantr with IlmiMd
<br /> , -�I vubtiau by♦uridiction co cwu�tUuto r uttifam►secudty in�tniment coverit�rwl propetty.
<br /> �- -�---- ----- UNIPORM COV�NANT5. &�muwer iuxi Lendc�wver�ant u�d�grec iu foilows:
<br /> 1. Wymeat at Prlacipd �ad bKeraRi Pc�l�9ment �ad l.�k Ch�r�es. Borrower ahall promM�Y PAY When due tbe
<br /> princip�►I af and intera�t on the debt cvidencod by dK Note and eny prcpryrtxnt u�d lus ch�es due uncier the Note.
<br /> 2. E`und�tor Taxea u�d Iwuraace.Subjoct tu applicable law or w a written waiver by Lender, Hortower sliall p�y W
<br /> Lender on the clay monthly paymenta arc due under tt►e Ncite,until the Note is p�id in full,e sum('Fundc")for:(�)yeuly taxa
<br /> and acsessments whieh muy att�ln priority over thic Securlty Instrument u a lien an the Prajxrty: (b)yearly Ieaxetwid payments
<br /> or gramd rents on the Propeny,if any;(c)yeariy haa�r+d or property insurancx prcmiums;(d)y�arly tlood insuriu�ce premlums,
<br /> if any; (e)yearly mortgage jnwrana prcmiums, if any; and(fy any sums payable by Borrower to I.ender. in acco►d�nce with
<br /> the provisione af paragruph 8.in lieu of the payment of martgage insurance prcmiums.Th�s�e items are cxiled 'F.scrow Items.'
<br /> � Lender mxy. at Any time.collxt and hold Funds in an wmunt not to oxcoed the ma�cimum Aenount a lenler for a faleratly
<br /> � rel:ued mongage loan may require for Borrower's escrow account under the fodernl Real Estate Settlement Proceduns Act of
<br /> � 1974 a5 amended from time to time, 12 U.S.C. Section 2601 et seq.('RESPA"),unless another law that appliss to the Fund�
<br /> •,� I sets a lesser amount, if�, I.ender may, at any time, colixt and bold Funds in an anwunt not to cxooed the lester wnount.
<br /> Lender nwy estimate the amount of Funds due on the Uasis af current data and rwsonable estimates of expen.iituces of futuro
<br /> � ' Escrow Items or otherwise in xcordw�ce with applicable law.
<br /> ' The Funds shAll be held in an institution whose deposits are insure�l by u fedcral agency, instrumentality, or cnttty
<br /> ,, (including L.ender,if Lender is such an institution)or in any Fe�erui Home I.oan Bank.I.ender shall apply the Funds ta pry the
<br /> Escrow ltems.L.ender may nat charge Bunower for holding and applying the Funds,annually analyzing the escrow°ucccwnt,ar
<br /> ' verifyin�the E.4crow Items,unless Lender pays Borrower interest on the Funds And applicable law permits l.ender ta make such
<br /> • a charge. However. I.ender may require Barrower to pay a one-time char$e for an independent reai estate tax reportin�service
<br /> � ;5:� �^ `` used by l.ender in connextion with this loan, unless appficable Inw provides otherwise. Unless an agreement is n�ade or
<br /> .�r�. ��,�:�-'y. I applicuble law requires interest to be paid,L.ender shall not he required to pay Borrower any interest ar earnings on the Funds.
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<br /> �,Yta.�„Sr�:��r �; � t3onower aad l.ender may agree in writing, however, that interest shall be paid on the Funds. I.ender shaQ give to Borrower,
<br /> ::,�__ �� ��'3��! without charge, an pnnual accounting of the Funds, showinR credits and debits to tho Funds and the purpose for which each
<br /> ;��•��,tM7'te''`.4'�'. � debit ta the Funds wus made. The Funds are pledged as additionol securiry for all sums secured by this Security Instrument.
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<br /> r:'�.�•�--: �,;,,�;�•.� I If thc Funds hcld by Lender exceed the Amaunts permiuccl to 6c held by applicuble law,L.ender shall uccount to Bormwer
<br /> � . . for the excess Funds in accordunce with the requirements�f epplicublc law. If the amount of the Funds heid by Lender at any
<br />_ ' . � time is not sufficient to pay the Escrow(tems when due.L.ender muy so notify Borrower in writing,and,in such cuse Bortower
<br /> � shaU pay to Lender the •rmount necessary to muke up the deficiency. Barrower shull muke up the deficiency in no more then
<br /> � I tweive monthly payments,at Lcnder's�nle discretion.
<br /> h"�"' `� " Upon payment in full of all ,ums xcured by this Security In�trumcnt. I�:nJer shull prompNy refund to Borrower uny
<br /> _ � , Funds held by Lender. If,undcr purugrnph 21,l.endcr tihall ucquim or scll the Property.I.e�xier, prior to the urquisition or wle
<br /> - "'� � " ` of thc Property, shull apply uny Funds hcld by Lcndcr ut thc titnc nf acquisitian ��r xule us u crcdit Aguinst thc sums u�urcd by
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<br /> �`- this Sccurity lntiuument.
<br /> �: 3.Applicution of P�ymentti.Unle+s upplic:�hle luw pruvidrz otherwise.ull paynkntti receiv��d by I.enJer u�uier pur•rgraphs
<br /> 1 und 2 shall bc•rpplicJ: tirst,t��uny prepaymrnt churgc�dur unJrr thc Notc:�econJ, ai anwunts payrblc uncicr pumgruph 2; '
<br /> ' third,to intcrc�t dur:tiwnh, to principal due;•rnJ I•rtit,tu uny lutc rhargcti duc undcr thc N��tc.
<br />; . 4.CharRes: I.iens. &�rrowcr�hull pay all taxes. u.�c+�mcnt�, char�c�, finc+and impo�itiom�ttributablc ro the Property
<br /> , i which may attain priority over thiti Security In�trument, and Ira,ehold payment.�ir gruund rrntti, if•rny. &irrower shall pay
<br /> these abligutions in the manncr provided in parugraiph 2,ar il'nc�t paiJ in that manncr. Borrciwcr�h:dl pay thcm�n timc directly
<br /> to thc penon owcd puyment. &rrrnwrr.hall pri�mptly 1'urnish to LcnJcr all nnti�c+uf unx�unt.to hc paiJ undcr thiti paragruph. -
<br /> - If Bcirruwer muke.thc.rc paytnentti dircrQy. Burri�wrr,hall p�umptly turnitih to Lcixlrr rcccipt�cvidenring thr p•rymcntti.
<br /> ` . , Borrower tihall pmmptly disrhargc any lien whirh ha.priority u�•cr dii.Scrurity In,trunx�nt unlc�.&�rrowcr: (a)ugrce�in -
<br /> . writing to the puymem��f thc ohligutiun�ccund by thr li�n in u nr.inner ucceptablc a� l.r�xlrr:lb)runtrst,in gcxxi taith the lien
<br /> ; by. or drl'cnd, uguinyt cnliur�mrnt ��f thr licn in. Icgal pr�xecding� which in thc I_cndcr'. opiniuu operatc tu prevcnt the
<br /> i, cntirrccment of thc licn: �rr lrl�rrurc�frum thc huldcr��f thr licn an agrermrnt tiati�factury tu LrnJrr wtH►rJinating thc licn to
<br /> - thi.Serurity In�trument. If Lendrr deteruunes that:my part uf thr Pru�xn�• iti.uhjrrt ta a licn a�hirh m:q• attuin prioriiy over
<br /> ' this Securiry In.trument. LenJcr ma} girr R��rra��•cr a natirc identif�•ing thc lirn. B��rruv:cr +Ball ,ati,f}•thr lirn or take onc or
<br /> �� more of tik actians,et t2irth atx�vr within lo day.of thc giving of nuticr.
<br /> , r Form 3026 9/90
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