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<br /> - ---�"------ TOGBTHE[�W[TH pll tha improvemente now or Ixreatter erecud on the property.and all easemente.appurtenence9,
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<br /> and fixtans now or hereatter a pxrt of the pmpertN. All ceplace�uepts end udsUttons eLall alsu i�cavet�tl by thla Security -- � --�
<br /> Inatr+�men� All of dn�fon�l�g ix aferred to I�n thiA 3ccurlty Instnimant as tha"I�mpeity."
<br /> SORRQI�BR GOYBNANTS that 1Bonciwer ts iewfuily selsed of the estate hereby conveyed and has the dght to gcat►t
<br /> and convcy the 1°rope�iy uid Uut tho Pn�perty ta unencumber�oxcxpt fot eacumbrances ot rtcord. Bottower wturanta and
<br /> -� ' will Aefend ge.neraliy tlie tiQe to tho Peeapeeny ag�inst etl claims and demanda,subyect to any encnmbrancea of e+eco:d. -
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<br /> - THIS S�CUEtM'Y !NS"TRUMiiN�'oombincs uNform wvenant� for nadonal use nnd non•uniform covcnanta wlth -
<br /> _ limited variaHona by Jurladisdan tp canadtute�unlform saudty inawment covering real prcperty.
<br /> ._ UNiFURM COVBNANTS. Borrower and Lender covaneat end agree as followe: —
<br />�-' 1. PMyment ot P�in¢Iptl�nd Ink�st;Pnep�yment uM Lftte Chargee. Horrowcr shail pmmptly puy when due the
<br /> • ` principat oP end laterest on tho debi evidenced by the Noto and nny prepayment ansl lute chargeR due under�he Nota.
<br />:�; 1 �nds tor 1i�xea and Inauritna. Subject to applicable law or W n written waives by Lender.Boirower shnll pay to —
<br />'��<� Lender on the day monthly payments nn due under the Note,until tha Note is paid in Nil,a num("Funda")for.(a)yearly �._ _ __
<br /> = ta�ces aad assessmenta which may attaiit pdority over tlsis Securlty Inswment ea u IIen on the Property;(b)yearly leasehold
<br /> paymenta or ground rents on the Property, if any;(c) yearly hazerd ar property insurance pr�mIums; (d) yearly t�aod
<br /> insu,rance premiums, if nny: (e)Yearly mortgage Insuiaace premiuma, if riny:and (�any sums payable by Bormwer to ---
<br /> I.endex.in accordance wIth tho provl�tona of paragraph 8.in lieu of the payment of mortgege inaurance premiums. These
<br /> Items are celled"Escrow Item.a." Lender may.at any tlmo,collect and hold Funds in un amount not to exceed the muximum -
<br /> amount a lender for a federally related mortgage loan may require for Bon+ower's escrow account under the federal Real
<br /> Estate Settlement Procedims Act of 1974 as ameaded from dme to time,l2 U.S.C.$2601 et scq.("RESPA").nnless enother
<br /> taw that upplIea to the blmda ectx a teaxcr+smoun� If so.I.cnder may.at aay tlme,rollect aad hold Fuuds iu ap a�nount aai to = -
<br /> — -- cxc�tha t�s�cr�auaa Leader snay estlmate the etnounf of bltads due on thF hnsia�f cnrn!nt cinta end rearonable -�_-__
<br /> esHmates of expendIt�res of fut�re Escrow Itema or otherwlse in accordance with applicable law. -�-
<br /> 'Itie Ftinds shull ba held in aa InsdwtIon whose depc�sIts e� insured by a federal agency.instrumentaltty.or ent�ry �,'�"",f9i
<br /> (including Lender.if Lender is such an iactitudon)or in any Federal Homc Loan Hnnk. L.ender sdall apply the Funds to pay � "ya'
<br /> ,+. the Escrow Items. l.ender may not charge Borrower for holding and applying the Funds. ennuaUy unalyztng the escrow `
<br /> '� aocount,or ved n the Escrow Items,ualess Lender a e Borrower interest on the Funds and Ucable law emits .�'`-
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<br /> . ,,� I.ender to mnke such a charge. However.L.ender may requlre Bomower to pay u one-dme aharge for an indepcndent real � �"'
<br /> eatate tax repo�ng service used by I.ender in connecdon with thIs loan.unless appllcabte law provIdes otherwlse. Unless an Q�.'•'�_
<br /> � :�����#,���� ag�ment ie made or applicuble law requires interest ta be paid.Lender shall not be requlmd to pay Borrower any interest or ;,
<br /> �,:,;�•,..,,,�,,_, eamings on the Funda. Borrower and Lender may agree in wrltIng.however.that interest shell be paid on the Funds. Leader ;-�.���;
<br /> �•.�'�`„..:,;.o� shall give to Borrower.without charge.en annual accoundng of the Funds�showing credlta end debits to the Funds and the _ -
<br /> �' � � p w p o s e f o r w h i c h e a c h d e b i t t o t h e F u n d s w a s m a d o. T h e F t�n d s a r e p l e d g e d a s a d d i t i o n a l s e c u r i ty f o r a l l s u m s s e c u n e d b y
<br /> :,•1 a,� �> ��{:} w thts Securiry Instrumeot- � .
<br /> '.`�;•�. ' „ , If the Funds held by L.ender exceed the amounts permttted to be held by appticable Iaw. I.ender shall account to �..;�;�
<br /> ' Bormwer for the eacess Ftmds In accordence with the m.quirements of applicable law. If the amount of the FLnds held by
<br /> • � L.ender at any dme is not sufficient to pay the Escrow Items when due.Lender may so notIfy Bomower in wrtting,and.in ,
<br /> " . � such case Borrower shall pay to I.endet the amount necessary to make up the deficiency. Borrower shall make up the
<br /> . � deficiency in no more than twelve monthly payments,at Lender's sole discretlon.
<br /> • ' � . : �' Upon payment in full of aq sums secumd by this Secu�ity Instrument,Lender shall prompdy mfund to Botrower sny . -
<br /> . • •, Pbnds held by Lender. If,under paregraph 21,Lender shall acquire or sell the Property,[.ender.pdor to the acquisiuon or
<br /> _ . sale of the Property,shall apply any Funds held by Lender st the t�me of acquisition or sale sis a credit against the sums
<br /> ;:• • . secuc�ed by this Security Inswment. '
<br /> ., 3. Applicatton of Aaytpenta. Unless upplicable law provIdes otherwise.all paymenu received by I.ender under
<br /> � . ' paragraphs 1 and 2 shall be applied:first,to any pmpayment charges due undgr the Note;second.ta nmounts payable under
<br /> �� paragraph 2;third.to interest due:fourth,to pdncipal due:and last,to any late chsirges due under the Note.
<br /> : � '. . 4. Chat�es; Liens. Borrower shall puy ull taxes, assessments.charges. fines arid imposiHons attributable to the • n
<br /> • . Propecty which may attein priority over this Securtty Instrument,and leacehold payments or ground rents,if any. Sorcuwer
<br /> shall pay these obligattons in the monner provided in paragraph 2,or if not paid in that manner,Barrower shall pay them on
<br /> time direcdy to thc person owed puyment. Sorrow�r shall promptly fumish to 4cnder all notices of amounts to be paid undcr
<br /> - -_ ••�_�- • t1�Is paregreph. If Borrower mal:es thcsc paymcnts dircctly,Botrowcr shat!promptly fumish to Lcndcr rcccipts cvidcncing
<br /> ,' ' ',; the payments.
<br /> Bomower shall promptly dlscharge any licn which has priority vvcr this Security Instniment unless Borrower.(a)agrees
<br /> in writing to the payment of the obligation secuRd by the lien in a manner ucreptuble to Lender,(b)contests in�ood faith the
<br /> ��.�° lien by,or defends egainst enfunement of the lien in,lesul proceedtngs�vhich in the Lender's opinion opernte to prevent the
<br /> � enforcement of the lien;or(c)secums from the holder of the lien un Agreement.r•sitisfuctory to Lender subordinating the lien
<br /> � to this Security Inswment If Lender determines that any part of the Property is subject to a lien wbich may attain priority
<br /> :' over thts Security Inswment,Lender may give Borrower a notice idendfying the lien. Borrower shall satisfy the Iten or take
<br /> � ' ' ' one or more of the ucUons set forth above within 10 days of the�ivin�of notice.
<br /> . 5. Hazard or Property Insurance. Borrowcr shall kcep the improvements now existing or hereafter emcted on thc
<br /> , • Property insured against toss by fire,htnards included within the term"extended coverage"und any other huzcinds,includins
<br /> • y ..' floads or flooding, for which Lender requims in�urance. This insurance shall be maintuined in the amounts and for the
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<br /> Form 3028 9I90 fpc{Qe 2 nJ6 prrR�sl
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