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<br /> �-�.� - � 94- �0�3�
<br /> � �`��� 'i'OOSTHIIR WITH afl the impmvements now s�r hereutter erected on tho pmperty,and all cu�cmcdte,appuftenuneca,
<br /> — and tixtures now or hem,ntter u part of tl9e property. All rcplacemenm aud addidona ahalt etso be covcrcd by thie Sr.curity
<br /> - Iastn+men� All of the foragoing ia refemed to in thls Secudry Inauument ns the"Roperty."
<br /> "a�--� 80RROWBR COVENANTS that Borrower is lawtt�Uy seised af the estato hcnby conveyed and hus tho dght to grant
<br /> _-- _ � smd wnvey the P�pert�►aad thsst the Propecty is tueeacumbered,eacept for oncuenbrancca of ncord. Borrower warranta sad
<br /> ��' w1U defead generaliy the dtle ta the Property againat all claims tutd demands.subject to any crtcumbrances of necord.
<br /> � THIS SECURTfY INSTRUMSNT cambines unifosm wvenanta for nutional uso und non-uniform covenants with �`
<br />..� Umited varladons by Judsdicdon to caastttute a uniform securlty iastrument coveting reaQ pmperty.
<br /> �� � �" UMFO}iM COVENAIV'fS. Hocro�ver and I.ender covenant c►nd agreo as foliowa:
<br /> 1. P�yment ot PrindpW u►d lnteres�Peep�yment�end LAte Chsu�gea. Bomower ehali prompdy pny when dua tM�o
<br /> �"�'�'' t pdncipal of end interest on the debt evidenced by the Note end aay prcpayment and late chargos due under the Note.
<br /> >. 4� �.'t:..s.�
<br /> ��;:,���, 2. Fuads for 7l�xes and Insnrance. Subject to applicable law or to a writtea waivcr by Lender�Botrower shall pay to
<br /> �' � "" `�_n:�'' � �- Leader on the day moAthly paymencs ere due uader the Note.until the Note is paid in full,a sum("FSinds")for.(a)yearly __
<br /> ""�'�`"�' "''°�",� . te�ces and essessmenta which may attain prlorIty ovet this SecurIty lnswment as a llen on the Property;(b)yearly ieasehold
<br /> � r_ -., ,,.,,- �
<br /> ,��� payments or ground rents on the Pmperty. if any; (c) yearly hazard or propecty Ineurance premiums; (d) yearly tlood
<br /> '� • .: � '''� iasurance p�miums, if an y; (e) yearly mortgage insurance premIums, if uny; and(�aay sums payable by Borrower to
<br /> �, ''`� � '� I.ender.in accordance with the provlalons of paragreph 8,In lieu of thepayment of mortgage insurance pre m iuma. T hese
<br /> � , items are called"Fscrow Items." Lender may.at any tIme,collect and hold Funds in an amount not to exceed the maximwn
<br /> .� amouat a lender for a federally related mortgage loun may rrquire for Horrower's escrow account under the federal Real
<br /> �.� .'�,• Bstate Settlement Procedures Act of 1974 as amended from dme to dme, 12 U.S.C.�2601 et seq.("RBSPA"),unless anotber —
<br /> ' t�___.___ " " law that applles to the Punds sets a lesscr emounG If so,Lender may.at any dmc,colicct and hold Funda ln an amouat not to ���
<br /> ---'-"°-�'� " exceed the lesser amounG l.ender may estimace the amount or ttinds due on the busis of cwr�ent daca and rearwnable
<br /> „ ; :'. esdmat�es of eapenditures of future Escrow Items or otherwise in accordance wIth applicable law.
<br /> The Plinds sliall be held In en instImdon whose deposits ar�e lnsured by a federal agency. inatrumentality.or endty
<br /> `- ., (including Lender.if L.ender is such an inadtution)or in any Federai Homc Loan Bank. Lender shall apply the Fanda to pay
<br /> the Escrow Items. L,ender may not charge Bocrower for holdin�and applyins the Funds,annually analyzin�the escrow
<br /> . " account, or verifying the Escrow Items. unless Lender paya Borrower interest on the Funds and applIcable law pem�its
<br /> '`' � Lender to make such a charge. However,Lender may requtre Borrower to pay a one-dme charge for an lndependent mal
<br /> �.�` . •- : estate tax reporting service used by Lender in connecdon wtth this loar�,unless appllcable taw provldes otherw4se. Unless an
<br /> • • agreement is made ar applicable law requires interest to be paid,Lender shell not be required ta pay Borrower any intenest or
<br /> eaminss on the Funds. Borrower end Lendcr may agree in wdting.however.that interest shall be paid on the Funds. Lender
<br /> ' shatl give to Borrower.wtthout charge,an annual accounting of the Funds,shuwing c+�edlGs and debits to the l�nds and the
<br /> __—_ ____ purgose for which each debit to the fi�nds was made. The Fund�are pledged as additional security for all sums secured by
<br /> this Security Insuvment.
<br /> ;, .. , , If the Fundc held by I.ender exceed the amounts permitted to be held by applicable law. Lender shall account to
<br /> Borrower for the excess Funds in accordance with the requiremersts of applicable lnw. If the amount of the Furtds heId by
<br /> � � Lender at any time is not sufficient to pay the Escrow Items when due, [.ender may so notify Borrower in writing.and.In
<br /> " I such case Boirower shall puy to Lender the amount necessary to make up the deficiency. Borcower shall make up the
<br /> __ __ _ de�iciency in no more thun twelvc man�hly payments,at Lender's sole discretton.
<br /> - : � � Upon payment in full of all sums secured by this Security Instrument, Lender shall prompUy ret"und to Borrower any
<br /> Funds held by Lender. If,under pacagruph 21,l.ender shall acquire or sell the Pcoperty,Lender.pdor to the acquisttlon or
<br /> sale of the Property, shall upply nr�y Funds held by Lender at the time of acquisition or sale as a credit agalnst the sums
<br /> . secuced by this Securfty lnsuument. __
<br /> 3. Applicadon of Peymenls. Unlcss npplicablc law provides otherwise, all payments received by i.ender under —.__
<br /> ' paragraphs 1 und 2 shaU be upplied: firrt,ro any prepayment char�es due under the Note;second,to amounts payable under '-
<br /> pardgroph 2;third,to interest due;founh,to principal due:und lact,to uny lute charges due under the Note.
<br /> 4. Char�es; I.iene. Borrower shall puy ull taxes, assessments, chargcs, fines nnd Impositions attributable to the �-'�'
<br /> Property which mAy attuin priority c�vcr this Security Imtrument,and lcuschold puyments or�round rentg,if any. Bonower -
<br /> shall pay thesc obligntion�in the manncr provided in paragmph 2,or if not paid in that manner,Borr�wer shall pay them on
<br /> time directly to the perxon owed pavment. Born�wer shuU promptly fumi�h to Lcnder ali notices of nmounts ro be paid under _ �
<br /> this para�reph. If Borrower makes these payments dimctly, Horrower shall pramptly fumish to Lender receipts evidencia� .
<br /> the puyments. <<;,;
<br /> Borrower shatl promptly discharge any lien which huti pri��rity over thi+Sccurity Instrument unless Borrower.(a)agmes
<br /> in writin�ro the puyment of the ubligmion xecured by the licn in u munner acceptuble to Lender;(b)contests in sood faith the
<br /> . lien by,or defendx uguintit enforcement c�f thr lien in.Icgul prcxeeding�which in the Lcndcr�opinion operute to prevent the
<br /> enforcement of the lien:or tc)xceures from thc holdcr of thc ticn an agrecment sutisfuctory to Lcndcr+ubordinatin�the lien
<br /> to this Security lnstrument. If Lcnderdetcrtnine� that any purt of thc Property i.wbject ro a lien which may uttuin priority
<br /> ovcr this Scruriry[nstrument,Lendcr muy givc Bunower u notice identifying thc lirn. Borrowcr shall satisfy the licn or take
<br /> ane or morc of the uctions set forth ubove within 10 days af the giving of nutice.
<br /> 5. Hazard or Property Insurance. Barrower xhall kcep the improvrmcnt�now existing or hercafter emcted on the
<br /> Property inxured ugainst lo�s by tire,harards includcd within thc tcrm"cxtcndcd covcragc"and any othcr haxards,including
<br /> floods or flcwding, for which Lender requirc+ insurunce. Thi+in+uran�c tihall Ik maintuined in thc umounts and for the
<br /> Form 30213 9I90 i�u�Xr 2 nJd/krR�s 1 ;
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