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<br /> - s��..... - TOaBTHER WITH all the improvementF now or hereafter erected on thc pruperty. eua em . nncc�. nnd
<br /> ��� � � fixwres now or hereufter a part of the praperty. All replacemente nnd addltinns �hnll tdso'Ac covcred hy thla Security ����:.,=____---
<br />'� P � Instrument.All of the foregoing is referced ro in this Security I�utrament a�+the"Praperty." ___..._____.
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<br /> - ,v.accs,-�, .�"., BORRnWER COVENANTS that Bor.ower is lawfuliy sseiFed of thc estuto hereby ccmvcycJ und huw Ihe rfght to��unt and
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<br /> -; •. convey the Property and that the Property ia unencumbered, except fnr encumbruncex of rec�rd. ��rn►wer wt►rruniK �uxi wlll __
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<br /> ,;��;-,,.,,;.,, defend generally the title ta the Property against all claims and demundh,xubJcct ta uny encumbrances nf rcrard.
<br /> y'�''" �� �� THIS SECURITY INSTRUMBNT cambines uniform covcnants for nutianot uac und nun•unifium covcnimtn with Ilmita! �°°—'— T
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<br /> -: 5�,,� -.. . r; variations by jurisdiction to rnnstitute a uniform hu:urity intitrument a�vcring rcul pruFu;rty. �w�-
<br /> - � ' UNTPORM COVENANTS. Borcower end l.cndcr covcnant und ugrcc us followx: �— __�_
<br /> �� � 1. Payment of Prinetpal and Interest; Prepayment and I.nte Chargc.w. 8nrn►wcr +hutl pr�►mptly puy whcn duc Ihc =:------
<br /> ; � principal of and interest on the debt evidenced b the Note und an re ayment und lute chur eti duc unQer the Note. �'='-j-`""- i--`
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<br /> • ..� 2. Funds for Taxes and Ingurence. Subject ta applicabie I�w ar w u written wuiver by l.ender, fi��rrawcr rhull prry tn •�':y�=°=-==-_�
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<br /> Lender on thc day monthly payments urc due under thc Nate.until the Nate is puid i��full,u sum("F'undti"1 li�r. a�)yrurly tcixcc . ;�...��-_v�^
<br /> � and assessments which may attain priority over this SecurIty Jnstrurneat as u licn on thc Property;(ht yeutly lcu�Nidd�urynicrUs r,. — --.
<br /> , or ground rents on the Property. if any:(c)yearly huzard or pmperty insurunce premiumti;(d)yeurly tliKxl in�urunce premium�. ����;��"��
<br /> •� ' if any; (e)ycarly mortgage lnsurance premiums, if any: und (fl uny sumti puyuhlc by Borrciwcr tu I..endcr, in urcnrdu�xc wUh ==°"—=�--
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<br /> ; the provisions af paragraph 8. in licu af the puyment af martgage insuruncc premiumti.Thcxc itcm�urc cullcd "f?+rruw ltemw." •_:_��;,;m��:.
<br /> • I.ender may, at any time, collect and hold Funds in an umount not m exceed the muximum am�+unt u Iender liir u tidrradly ' �A''•-----
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<br /> . . rclated mortgage l�sn may rcqujre for 8anower's escrow ucccwnt undcr thc fedcrul Rcul �stutc Settlement Pnxedurr+Art uf �.�'i�_
<br /> 1974 as umended from timc to timc, 12 U.S.C. Section 2601 et cc�q. 1"It�SPA"1,anlesti unothcr luw thut upplicti to thc I�undr+ ��;�`-
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<br /> ' � ,..___ sets a lesser amount. If so, Lender may, at any time, callect and hold Funds in un um�iunt not tu exceca the �er�er umuunt. �� '� -----
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<br /> � � � Lender may estimate the amaunt ot Funds due on the busis oTcurrent dutu and reuumubic etinmatcs��i cx�rnliturc. uf fuiurc , -__-=-
<br /> Escrc�w Items or otherwise in accordance with appliruble luw. �� � __.
<br /> The Funds �hall be held in an institution whasc dcposits arc insured by u fcdcrul ugcncy, instrumentulity, ur entily y`�"
<br /> " (including L.ender,if I.ender is such an institution)or in any Federul Home l.oun Bunk.I.ender shuli upply the Fundti to puy the `., ;Y____
<br /> Escrow Items. L.ender may not charge Barrower fi�r holding und applying the Fundti,unnuully unulyiing thr cuniw urc�wnt,or -
<br /> . verifying the Escrow Items, unless Lender pays Horrowcr intcrext cin the Fundx und uppliruble luw permitti l.cndcr to mukc such : .' ;;
<br /> , a charge. Howevcr. L.endcr may requirc Bnttawcr to pay u one•timc churge fiir un independent rcul estutc tux rc�x�rting�crvicc "°' •���
<br /> used by I.endcr in connection with this loun, untes� upplicable tuw provideti utherwisc. Unlc�s ►�n ugrecmcnt iti nmde or .• '{-
<br /> applicublc law reyuires interest to bc paid, I.cndcr shaU not br reyuircd to puy Ei��rrower uny intere+t or eurningr un the FunJ+. �° .�'�
<br /> Borrawcr und Lendcr muy ugrcc in writing,however, thut intcretit �hull bc puid on thr �und�. IAndcr.hull givc tc���rrowcr. ' «;'"
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<br /> withi�ut churgc, an annua� acrounnng ot thc i-unds, chowing crcdits und dcbii� to thc �unds und thr puRx�.c ii�r wiiic i ruc i ° -
<br /> debit to the Fund�wu�n4ade.The Fund�ure pleJged�.addltional security for uU sum�secured hy thi�Security In+trument. � o_
<br /> If the Funds hcld by[.ender exceed the amount�permitted to be helJ by uppliruble luw. I.ender shull urcount tu��rrowcr " �,�
<br /> for the excetis Funds in uccordancc with the requirenxntr of Applicublc law. If thc amnunt uf the Funds hcid hy L.endrr nt uny • , __
<br /> ; .. time is not sufficicnt to puy the E+crow Items whcn due. Lender muy ui notify Bcirr<iwer in writing,und,in�uch ru�r Burmwcr �---
<br /> . shall puy to Lendcr thr umaunt n�ress�iry to makc up�hc deticicnry. B��rruwcr +huli mukc up the Jeticienrv in no mum thun , _
<br /> twelve monthly paymentti,ut Lcndcr'y,oly diticretiun. �e
<br /> Upan puynxnt in full uf ull�umr sccurcd hy thi+ Sccuriry ln�trwncnt, LenJcr .hull prun�ptly rct'und tu Burri�wcr �my �
<br /> • Funds hcld by l.endcr. If,undcr parugraph 21, Lcndcr.hull ucyuirr ar scll thr Pro�xrty. I.cndrr,pri��r to thc siryui.itiun ur wlc ' �,-:-
<br /> of thc Proprrty. .hall upply uny Fund�hcld by l.endcr ut thc timc ut';�quisiti<m or�ulc u+u cr��lit uguin,t thc�um�.rcurcd hy ��.�
<br /> , this Securiry Intitrumcnt. • "b''i'�
<br /> 3.AppHcation of Nayments.l'nlcti�uppliruhlc lu���proviJe> uther�vi�r.ull payment.receivrd hy Le�xlrr under purn�!rsiph� •��;
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<br /> 1 und 2 shull br applicJ: tiryt.tu any prcpa�•mcnt char�c,duc muicr thr Nutc: .erund. tu unu,unt.puyuMr unJrr purugraph:: ° .
<br /> third,tu intcrert dur:tiwrlh.to prinripul duc:itnd lu�t,tu any latc �hurgc�Jur undrr thc Nutr. ,��,�--
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<br /> 4.CharActi: I.icns. Burrawcr�hall p.ry:�U tuxc.. a,.c„nnnt�.churgr.. tinr.and imp�,�itiun, uttribut��hlr tu thc 1'ra�xny .•.
<br /> . whi�h ntuy uttain priority ewer tl�i+ Security Gi+trument. auJ Ira.rhuld pa�ni�nh�n �:�uurnl �cnh. il'au). i3�a��ua�f tih��ll pry --.
<br /> ` thcse ohligaticin.in thc manncr prueivcd in p;iragr:iph 2.ar if nut paiJ in th;U m:mnrr. Hurr����•rr.hall pery thrm un ti�nc Jir�rtly .
<br /> � to thc per�cm uw•cd pi�ymcnt. I3orru�vrr.liall prumptly I�urni�h tu I.�nJcr al! nuticr.ut'anwunt�tu hc paiQ undcr th�.pura�rc�ph. „
<br /> .. If Burr�,�vcr makc�thru paymcnhdirccU��. Hurruw•rr+hall prumptlJ furni.h tu Lrndei rrrriph c�idrrn:ing thc puymcnt�.
<br /> Hottuwcr,hall pr�,mptly di�chargr c�ny licn«•hirh ha.priurity�,�rr thi,lrruril� hi.trununt unlr,.Kurr��w•rr: (u►ugrcr�in
<br /> ' writing tu the payment of'the obligatiun.rrurrJ h�• thc lien in a munner arreptahlr to Lrnder: �h►runtrtit.in gix�d I:iith ihr licn >
<br /> • by, ur dcl'cnJ, ugainst rnfurccnum al'thr licn in. Irgal prorrr�iing. ��hidi in thr Lrndrr'. upini�m uprratr tn prr�cnt thr
<br /> cnli�rccmrnt of thc licn:ur �r)urnrrti I'rum thr li�ildcr�,t thc lirn :►n agrcrnn�nt ,;di.t:irtur� t�� l.cnder.ubardinating th�licn t�+ "
<br /> thi.Securit�• In.trunxnt. II'Lrndrr driern�inc,th:tt an�• part of tli� f'rupert� i. .ul?jert t��:� licn��hirh ma� attain pri�irm �,���r I
<br /> this 5ccurity In,trununt. Lrndcr u�� girc Rrn•ru��•rr a n�,tirr iJrntil��in�:thr lirn. f1�n•r�,��rr tihall .ati�f� thr lien�,r tal.r„n��ur
<br /> murc uf thc actiom.rt ti�rth:th��ve within 10 da)•�<it'thr�.i��in�of nnticr.
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<br /> Form 3028 9i90 '
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