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<br /> TOOSTHBR WITH ull ihe improvements now or hereafter er+ected on the property,und all eucements.appunenances.und
<br />_„=�;�,�,"��.�.� fixtures naw or h�re�Rcr n part of Qie prnperty. All replacenlents nnd addiUans shull alsa be covered by this Serudty Y-_-�_ ----
<br /> _ _ lnsceumene. Ail af the forcgUfng ie referred ro in thiw Sccurity Instrument u�the "Property."
<br /> --- -- BURROWEId COVENANTS that Borrawcr ih luwttdly�;cised af thc extute hcrcby cunvcycd und hw►t1�e right to grunt nnd
<br /> - --- convey the Praperty and that the Property ix unencumM:red. except far encumhrunceti nf rccord. Rurrotver��a�rums und wllt --
<br />= defend senemlly the tide to Nie Praperty aguinst ull cishnx und demunda, subJert to uny encumhrunces of recarJ.
<br /> - - - TNtS SECUR[►'Y INSTRUM�N'P combfrtcw unif�nn cuveniuns for nationul u�e n��d nnn•unlform rnvenant+with limited �-- __-_ _ ___
<br /> `_.��'�F� vuriutiana by Judr,diction to constitutc u unifonn sccudty insirument covcring reul praperty.
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<br /> UNIFORM COV�NANTS.Borrawer and l.ender cavenant ond A�rce ar fnitaws: �' --
<br /> 'r l.Payment ot Pclneipal and Intemstt �pAyment nnd I.ute Cha��. Barrower xhull prompUy p�+y whcn duc the
<br /> princfpal of and inter•st on the debt evidenced by tl�e Nate und uny pmpuyment und late churge!�duo under the Note. ----—
<br /> 2.k��ds tor Tax�.w and Insurnnce.Subject to uppliwble luw c►r m a written wuiver by l..ender, Hc�nower�liull puy to ___ _
<br /> . :, I.ender on the day manthly puyments ure duc under the Nnte,untit the Nate ic pnid in fuU.u sum("Fundr") far:tA)yeariy tuxes ___
<br /> ��u:�� � und asse�sment�which may uttain priarity over this Security Instrument us u Iien�n the Prnperty; (b)yeutly Ieasehold paymente `�� —
<br /> . � . ... �.'"'�"
<br /> or round renta on the Pro ert if un (c)yearl huu►rd or m rt insurunce mmiums;(d)ycurly tlaod i��urancc premium�, �-' - - °-
<br /> . �`. B P Y• Y� Y P Pe Y P
<br /> ' •�' '"�. ;{•• if nny;te) yenrly mongage ins�runce pmmiums. If uny:und(�uny sumy puyuble by Horrawer to I.ender. in uccordance wtth ���- - - —
<br /> ��-.
<br /> Y;� . �;,� the provisions of purngraph 8,in lieu of the puyment of mart�uge insuruncc premiums.These itemc urc cailed"�scrow Items." ��_:
<br /> •"" ''" �'�"�� Lender may, at any ttme, collect und hold Funds in an umaunt nat to excecd the maxtmum amuunt u Icnder for u federnll — -
<br /> ,•..�.�•�`._,.. . Y t',!w t-�'r— ,_..__ .__.—
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<br /> � r � '• related mortgage loan may require fot Borrawer's escraw account under the federal Reul Estute SetUement Procedurcs Act af �;;r :•.�r�.�-- -
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<br /> :���t'�•••:.� l974 as nmended from time ta time. l2 U.S.C. Sectian 2601 et seq. ( RESPA"). unless unothcr law thut appl{es ta thc Furnis �•----
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<br /> �"-�''a'� � , se1.g u le.sser umaunt. If so. Lender may, at any time, collect and hold Funds in un amount not to exceed the lesser amnunt. e��•�:'; __
<br /> h�-- :;,'= f.e�ider niay estitnatc ihc amaurst at'Funds duc on ihe ba�.is of cunent data and ree�snnat+le eatimnte� �f ex��ulitnrM�f future `�_'��
<br /> . ''' ' Escrow Items or otherwise in nccordance with applicable law. �
<br /> The Funds shull be held in an institution whose deposits are insurcd by u federnl a�ency, instrucnentulity, or entity +'j�-
<br /> �•.: �� (including Lender,if L.ender is such an institutian)or in any Fedcrul Hame Loan Bank. l.cnder shall apply the Funds to pay thc
<br /> . � Escrow Items. l.ender may not charge Borrower for holding and upplying the Funds,annuully unalyiing the escraw uccaunt,or '"'`"` -s_
<br /> • � verifying the Escrow Items. unless L.ender puys Borrower interest an the Funds und upplicabie luw permits Lender to make such •:-� .
<br /> , ,, a charge. Hawever, L.ender may requim Borrowcr ta pAy a one-time chnrge for an independent reul estatc tax rc�rting servicc . �
<br /> used by C.ender in connection with this loun, unless applirable luw pravides otherwi�e. Unle+.r- an agreement is made or _- _
<br /> � appl(cabie law mquires interat to be paid,Lender shall nat be required to puy Barrower uny intemst or earnings on the Funds. �. � - -
<br /> Borrower and I.ender may agrce in writing. however, that intemst shull bc puid on the Funds. L.ender shall give ta Borrower. �' �
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<br /> w;tho��t char�e, an annull acmuntine of the Funds, showing credits and debits to the Funds and the purpose for which euch .. '� �
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<br /> debit to the Funds way ntadc.The Funds are pledged us additional security far all cums secured by thls Sccuriry Instrument.
<br /> , � If the Funds held by L.ender exceed the amounts permitted tc�be held by applicnble law.Lender shull account to 8onower
<br /> • } for the excess Funds in accorclunce with the rcx�uirements of applicuble taw. It the amount of the Fundti held hy �.�:�der ut uny .�
<br /> ,,: :
<br /> time is not sufficient to puy the Escrow Items when due.Lender may u+ notify Rorrower in writing,nnd,in such case Borrower .
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<br /> shall pay to I.endcr the umount necessary to makc up thc dc�ciency. Bc�nowcr shall makc up chc deficicncy in no morc thun '"
<br /> twelve monthly payments,at I.endcr'+sole discretion. ' - � �
<br /> 1 � ' Upon paymcnt in full of ull tiums secumd by this Securiry in�trumcnt, i.endcr shuU pr��rnpdy refund ta Born>wer uny
<br /> • Funds held by Lender.If, under paragraph 21,L.endcr shuU ucquire or sell the Property. I.endcr. prior to thc ucquisition or salc �
<br /> of che Property,shull apply any Fund+held by Lender ut thc timc of:kyuisition or u+lc us a rredit a€uin+t the sums secured by .
<br /> _ � thiy Security Instrument. ` 'i-
<br /> � � 3.Appltcattan of Payments. Unlcss upplicablc luw pmvidcs athcrwisc,ull payment�reccived by Lender under pa�agraphs .,��. ���
<br /> ! and 2 shall be applied: first, to uny prepaymcnt churges duc undcr the Nute; .rcraixl,tu um��unts puyabic undcr paragrsph 2: .:��•���~�—_
<br /> �� third, to intcrest duc:fourth,to principal duc:and last,ta uny lutc churges duc unJcr thc Notc. *��" �T a
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<br /> 4.Ghar�es: Liens. Borr�iwer shall pay ull taxex, us.cstimcntti,churgc+, tineti and im{x�siti�ins attributuble to the Pmperty •• =�r+L± •� ' •_
<br /> ; . .. which may uttain pri�rity n�er thi� Sn•��rity In�trumrnt. anJ Ica�chold payment. or ground rent�. if:�ny. Borrower shull pay .. . u,;. _ _; .-ir;=
<br /> � ' these abligutions in the manncr provided in paragraph 2,or if not paid m th•rt manner. Borruwcr tihull pay them�m time dircctly , ''" • � i.
<br /> ` to the pers��n owed paymcnt.Borrowcr shall promptly furni,h tu lxnder all nrnire�of amount.t�.he F�aid unJrr thi.p:trugrnph. � � �
<br /> y:.-z
<br /> If Borrawer makcs thc,c puymcntti din�cUy.Borrower.hull prcimptl�•furni,h t��Lendcr rcrcip[.rvidenring thc paymm�tti. - "_:-
<br /> " Borcower.rhall pmmptly di�rhurge uny licn whi�:h hu.prioriry<�vcr thi.Scrurit�• Imtrununt unl�ti�R��rrowrr:(a)agrce.in .. ' ' _.�-
<br /> writing to the paymcnt of thc obligutian�ccur��t hy thr licn in a munner arccptahlc tu LcnJrr.�h)rontr,t�in�uixi faith thr lien , . -
<br /> , , by, ar defcnds ug�inst enfiirccmcnt af thc licn in. Irgal pruce�titing+ uhirh in thr l.rndrr', opini�m �iperatr tu prcvcnt thc .
<br /> cnfiirccment of thc licrr:ur(cl.ccurc.frum thc h��IJrr��f thr licn an agnrnxnc,ati+tart�m to I.cnJcr.utx�rdinating thc licn to �'-
<br /> � � thir Sccuriry Instrumcnt. If[.cndcr dctcrminc+thut an��parl ��t'thr Prupe�h}• i,.uhjcrt tu a licn ��hirh may attain priarity �wcr �+
<br /> this Security tn+trument. Lendcr muy gi��c fiurro�ver x notirc identityin�thc li�n. Burru���r.hall�uti,t'y thr licn ar take��nc or �_ i
<br /> , ' morc cif thc actiom tict tbrth�bc�vc u•ithin 10 day�ot tlic giring uf n�,ti.r. . �
<br /> 7 Form 3028 9190
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