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<br /> :_ - ---� - _� 94- ioi�39
<br /> 'fOOBTH�R WITH vl tho�rr�provemaw now a haeaAer erected on the property.u�d�li asemenu.+�PPanen�noa.�nd
<br /> Nxpua now or herafter • put of the {xape+ty. All cepl�oernaus �nd addidans �tWl �Iso be coverod by tbls Sac�wity
<br /> lu�trun�. All of the fare�dn�1�nPerrad to io tt�is Seca�rity Irolnune�t a the,Pn►peny "
<br /> 90RROW8R COVBNANTS that Bormwe�i�Uwft�lly rei�od ot the euate lier+eby a►nveyed and h�c the�I�ht to�ant dd
<br /> canvey the Property�nd ttut the Propeny i�unencumbered.exapt far encumbnnces of r000rd. Burrower warra�xr�d wW
<br /> dehtd Qenenlly ihe title to thC Praperty�alnst all chit�ud dem�t�ds,wbjoct ta any encumbr�nces of rocord.
<br /> THIS SECURITY INSTRUM�NT oombina u�iform oovenuN� for n�tio�ul we and non-uniform voven�w wlth Wdtd
<br /> vw�irtiwu�by�uriKilctbu to ca�stiwtc�+unifonn�ccurity inururncnt cnverinQ rcad property•
<br /> � UNIFORM COVENANTS.Borrower aixl Lender covcn�nt and�gcac as followc:
<br /> I. Payse�t ot Priaclpd �ad Inta�att PKP�9meat u�d I.�te Ct�arfa.Borrower ah�ll promP��Y P4Y wt�en due tbe
<br /> principal af uid interat on thc debt evidencod by tlx Nato nnd any prepuyme�x and�ate cluu�a�due unde�the Nae.
<br /> 2. �und�for Tuca and lrw�raace. Subject to applicablc law or ta a wrinen waivcr by Lecder, Borrower �Iwll p�y to
<br /> L,ender an thc day monthly pKymems arc due under the Nae.until the Nate is paid fn full,a sum('Funds')far:(a)yearly tues
<br /> and uisessments which may attyin pciodty over this 5acur�ty I��strument as a lien on the Property:(b)yearly leasehatd payrneats
<br /> or�round rents on the Propeny, if any;(c)yeuly hward or property insurance prcmiums;(d)yexrly flood insurancc premiumn.
<br /> if any; (e)yeuly mortgugc insuranoc prcmiums,if any: wxi(�any sums payable by Borrower to Lendcr. in accordar�oe with
<br /> the provisions of parugraph L�, in lieu af tbe pxyment of moRgogc insurance premiums.'fhcsc iums are celled'Escrow Items."
<br /> Lcnder rrwy, rt any time, mllect �nd hold Funds in an �nount not ta excood thc mrximum amaunt a lender for a fodcrally
<br /> related martgrgc Ic�an muy rcyuirc for Borrower's escr.�w account uixicr the federal Real Fstate Settlement f�rocedures Act of
<br /> :�- 1974 as vnended from tinx to time, 12 U.5.C. Section 1601 et sry. ("RESPA"),unless another IAw ttwt applia to the FuMs
<br /> - sets a lesser amount. If so,L.rnder may, at eny time, cotlect and ix►Id Fund.e in an wnount not to exceod the lesser rmount.
<br /> [.endcr may cstimute Ihe amount of Funds due on tha Uasic of cumnt data w�d rcasonablc estimates af expenditure�of futuc+e
<br /> E�crow Items or otherwise in accordunce with applicable IAw.
<br /> „ ,�Y.,.;,,�,�,� Tlu Funds shall be held in an institution whose depnsits are insurod by a foderal agency, instrumentality, or entiry
<br /> (IncluJing L.ender. if I.crxier is such un iastirotion)or in any Faier�l Home L.oan&ink. Lcndcr shall apply the Furtds to pQy the
<br /> '���' "� � + Escrow Items.Lencier m:ry not rharge Borrower for holding und applying the Funds.annually analyzing the escrow acccwnt,or
<br /> - � ,,,�, �, � verifying the Escmw ltems,unlesss Lender pays Borrower interest on the Funds end applicable law permits Lender t4 make such
<br /> � `�,,,�;-� a chargc. Howcvcr. Lcndcr may rtquirc Bormwer to pay u one-timc charge for an independent rcal cstate taz rcparting scrvicc
<br /> ;;;i°�X�.��,;,` • �'_: used by Lender in rnnnection with this loan, unless applicable law provide�othecwise. U�less iut agrcement is m�de or
<br /> - �'•;' '�� �� �<"i'� app licu b te I•rw rcyu ires intcrcst to b c pa i d, L e n dcr s ha l l n c u b e requ i ro d to p s�y B o rc o w e r u n y i n t e re s t o r c a rn i n g s o n t h e F u r d s.
<br /> ;;�;;.,j'.; : ���'r, Borrowcr and L.endcr may agrcc in writinF,however,that intcrest shall bc paid on the Funds. Lender shall give to Bocrower.
<br /> .._._ 4�•s� �».�'r:�� � without chuge. an annuul yccounting of the Fund�,shuwinpt crodits and debits ro the Funds and the purpose for which exh
<br /> � � debit to the Funds was madc. The Funds are ptedged as udditionul security for a11 sum�securod by this Security Instrument.
<br /> If the Funds f�eld by Lender exceed the•rmounts permittecl to be heid by applicable law.I.ender shall account'to Borrower
<br /> for the cxre�s Funds in uccordunce with the requiremcnt,of applicublc law. If the amount of the Funds held by L.ender at any
<br /> time is nol sufficicnt to pay the Ekrow Itcros whrn duc, Lcndcr tnny+c�notify Barrower in writing,and,in such case Borrower
<br /> sh�ll pay to I.ender the anxiunt necessary to makc up the deficiency. Borrower shall make up the deftciency in no more thtt�
<br /> twelve nwnthly payments,at Lcndcr's u�le discrction.
<br /> Upon payment in fuU uf all sum�xcurecl by thiti Security Instrument, L.ender shall prompdy refund to Borrower any
<br /> �` Funds hcid by I..endec If,under p•rragraph 21. I.ender�hall acquire or srll the Property, L.cndcr,prior to the xquisition or sal�
<br /> �r of the Propcny. shall apply uny Fu�x1+held hy l.cnder at thc timr of acquisition or sale a�u credit against the sums sacurod by
<br /> j;,�=.. : this Sewrity iu�tru�iknt.
<br /> �� 3.Applkatlon of Pxyments.Unle�s applicahlr law provides ntherwisc,utl payments rereived by L.ender underparagraphs
<br /> _ I u►ul 2 shall be applied: fint,to any prepaymrnt chargcs duc undcr thc Note; xro�xi, u�arrwunts payable under pa�graph 2;
<br /> % third,tu intcrest Juc:ti�urth, to prirxipal duc:und la�t,to�ny latc rhurgcs due undcr the Note.
<br /> . 4.Clu��es; I,iens. &rrrowrr�hall pay all taxr�, a,u.,ments,churga.fines u►xi im{�c�sitions atuibutable ro the Property
<br /> which �n•ry attain priority ��ver thi�Sccuriry tntitrum�nt, and Icaschold payn�cnts or gmund rents, it'any. Borrowcr shall p�y
<br /> the�e obligatiims in the manncr provi�fcd in paragraph 3,or if n��t paid in that manner,Bcirrower shall pay them on time direcdy
<br /> to thc penon owcd paymrnt. &�rrower.hall prompdy t'urnitih to Lcndcr ull�H�tice+uf asnountti to he paid undcr this paragraph.
<br /> . If&irrv�wer make�thc�c paynxntti dirrrtl}�,Barruwer.hall pramptly furnitih to Lendcr rerripts cvidenring the payments.
<br /> • Bi�rrower shull promptly di�rhurgc any lirn whirh ha+rri��riry uvcr thi.Srcurity Intitruinent unless&�rrower: (a)agrees in
<br /> � writing to thc puymcnt nf thc�,bli�;ation+ccurcd hy thr licn in a ntannrr arrcptahl�t„Lrndrr:IM�contc.t.in gcxxi tLith the lien
<br /> 's`•�'.. by, or drtenJ.r •r�.uinst rnli�nenxnt uf thr lirn in. Ir�!:d pr�kceJing� whirh in the Lendcr's opini�m oprratc to pnvent the
<br /> . " enti�rcemrnt„f thc licn: ur�rl�crun.from thr hulucr ul'thr licn an�grernunt Wti.tartar}• tu l.cndrr sutx�rdinuting thc licn to _
<br /> � �' this S�curiry In,trument. If Lcndcr drtcnnincti thai am part ul thc Pruprrn i.�uhjcct t��a licn which may attain priority over
<br /> � thi+Sccurity Imtrumcnt. Lrndcr may gicr Rurru��rr a nutir�i�lrntif�inc thc lirn.Rurrow•cr tihall tiati.l'y thc lirn or tukc one or
<br /> .� . mure of the artiun�,et ti�rth atxn-e witl�in 10 du����,f�hr gi�•ing uf notirr.
<br /> , � iorm 3028 �I90
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