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<br /> � THtS SBCtJAIt'Y INbTllUM6NT combinw unlfozrtcove��nu ior�tiond u�e�nd eon•unitorm covenu►u with Ilmtud
<br /> . ��,._,.yn�,� v�ri�tlon�by ju►lbictlon to roratttut��unlfam�urfty lnucumaM cov�ttnj�t�1 propetty. _.. _.`__. ... .
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<br /> ,-� t1NIP4[�CdVIIN� Boatower�nA i�en�fer�svuunt�ad a�ra�toitow�: Wtwa� --
<br /> . t. P�yncent ot hlactpd aeQ lataata PnP���aad L�t�Char�M� �onowet�hdt pra�P�y PaY ' ' �--- --- -
<br />_ � �'�`.,`.`:,r.>"�'•�, the principd ol and tnterost oa tho de6t avtdan¢cd by th�Note�td�ny Prep�yment�nd ltu elt�r�ei due undet th�Not�. _.,�----- —
<br /> ' • � l. Fund�foe T�w and Iaau�aea SubJeat to�pplic�ble l�w or to a w�ittan vniver by Lender,Bocrowe�d�tt
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<br /> � �f����' � ro Lender on the d�y monthty paymenu are due undsr the Note�antil the Note i�patd 1�bl1�a:um t Funds�tor: �,��
<br /> � ,` ` p y ,�N,w,_�-.�=�.___
<br /> °; .. , . � ta)Yearly��and a�os:manq whlch maY auain pdodty over this Seoudcy Instcumant u a Iter on the Property;��rarty ,:�,.:Ar ��i
<br /> „ leasehold paymenb oe�round anq on the Ptoperty. lt tny;(e)yescly hwrd ar propecly lnsur�nee Promtu�eui Y�IY ,,,�.�,,,.,��-
<br /> .�.;, . �.. �, flood insun�nce pmmlwns�it�ay:te)Yauly mort�ge in�r�nce psemiwns.if any.and(4 my tute�psY�ble by 8ottowee .. '.��.:rr��.��o,tiTR:
<br /> to Lender.in eccordtnes with the provbtons of pua�etph S.in lteu oi the payment oi mortg��e insunnce premturn�.Thaa , . ,;�,..;;z��.-,
<br /> .,. '�" � ti 1.L,d":,��n1:'.--
<br /> f �� '�� � Item�are eslled"Eacrow RaRU:� 1�ender tnty.�t any time.eollect and hold Fwtd�In an amount not ta exceed the mucimuat .,"�`�,
<br /> +,;� • imouat a lendu for a federally rel�ted mort�t�e losa miy aquke for Borrowec's eacrow�ceount under the feder�l Rwl ,
<br /> J/ Esta�e Settlement Proceduces Act of 1974 ea amended trom time to dma. 12 U.S.C. g�601 et req. ('•RE3PA").unte�s "� •"'.;,�.;,��;�� �-�
<br /> , � inothec!aw that spplia to ehe Funds ues a tessee�mount.I!so. Lender msy.tt sny time. collect and hold Fuadt In ta .,. .:. 4
<br /> � 4mourtt net to exceed the tesser amount. I.eader mRy estinute the unount o[Funds duo an the baala o!current dua aad ',�;;�,�i,',���,.�
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<br /> •. reaaon�bia entmites of expandttute� ot lt�tura Escrow Iter�u or otherwis�in nccocdance wieb appllcabte law. : .;; �.h`:
<br /> _. _�_=..;__._:._.-.-_-- .rn���y��y oh�!������.(ngHtutton wbose depostta are inaured by a ledaral agen�y,inauumentality.or enttty ( r�,�.
<br /> (iacluding Lender,iI Lende�u such an institutton)or tn any Federal Homa Loan Bank. �.eade[shail eppiy iho Fu�tti�1 to � '=T � ���,�.
<br /> ; " pay tha Escrow itertta.L.ender may not cherga Bocrowet for holdtng and applying the Funda,annually matyzing the escrow �..•--.�.��
<br /> aceount�oe ver�fying the Esetow Itema�u�les�Lender ptya Hocrower lnterest on the Funds and apptteabla law pecmits Lender � ��.;�..=..
<br /> • . to make auch a charge. However,L.ender may requiro Borrower to pay a ane-time charge for an Independeat cwl estetes ^ . �- ".
<br /> ta�c repottIng servlce uacd by i,endat It�conncctioa with thls loan,unless appltcabte law provides otherwise.U�feas an agreement i . . '�
<br /> � � is mada or applicsble Iaw cequtres i�terest to be pald.Lender shall not be required to pay Bonower any Intecest or eunings , .,..
<br /> on the Funda.Borrower and Leeider m�y egae in wrtt(ng.howaver�th4t interest shett be paid on the Funds.Lender shall �
<br /> '� chu e ut ennuet accounting of ehe Funds�ahowtng credita and debits to the Funda and the pucpese �, ;s.
<br /> �' g i v a t o 8 o n o w a r,w i t h o u t 8 . I
<br /> � for whtch each debit to the Fuada waa made•The Fun d a ere P le dg e d�a a d d j t i o n a l s e c u r i ry f o r a t l�u n t a s e c u r e d b y t h i a S e c u r t t y ` �1�' �.
<br /> , . .�,
<br /> � Instrumen� � ►�~�-_'�<
<br /> - _--_.—___- If the Furtdt hetd by Le�dC[excoed tho attulu�ti3�ti�iitCd io be htld by egpliC�b141�4wi Lender shall accouctt to Bomuwu �..: _-__--.',^=_'°'':..
<br /> fa��a�x��g��in tceecdancs w(th the require�mnts of appltcabla taw. It the arteount of the Funda held by[.ender at � ti..,;;�*� -
<br /> �rn •
<br /> � aay time ia not suTflcient to pay the Ssarow Ite�na whea due�Lender mny eo nodtyr Bonowec In wrtdng.and.In auch cau i .:�
<br /> , Sorrowee shari pay td Lenda tbe ainount neeeasary�t�leaaiscrpett ndeReieney.Boaower ahail mafce up the defl�te!kY ta �� ;
<br /> � no more thvn twelve monthly paymenta�at Landec � ,
<br /> � Lender ahail prortpdy rel�nd to 8orrower � 'a%
<br /> � , � � Upon payment in Pull of dl suma secured by this Seeurity Instniment� ,
<br /> ' � t any Fun d s he i d by L e n de c.I t,u�d e r p a r a g rn p h 2 1,L.e n d e r e hall ec qnire or aetl the Property.[�ender.pctor to the acquialttoa � 4� �: t;
<br /> „ . er anle of the Property.ahati appiy any Funda field by iander at the time ot acquiaidon or sale ai a credtt agalnst t he awas � �;J�;
<br /> i secured by thia Security Inawnunt. � '
<br /> 3. Applicntton oi Fay�nmee. Unlesa applicable taw providea otherwise�att paymenta ceeelved by Leader under � ,.�i
<br /> � paragraplu 1 and 2 ahall be 4ppited:ttrat�to any prepayment chargea due under the Note;aocand�to amounts Paytble uader f
<br /> � � . paragraph 2; thtrd.to inteceat due; foucth.to pdncip�l due; and l�at�ta�ny iete chsrgd duo uadu the Nou.
<br /> • 4. ChtrQa=I.tens. Harrower shalt piy all taxes,assesamenta.chargea.Bnes and impos[tiona ttuibutable to tl�e ,s
<br /> - ' Property which may attain pdority over thla Secudty Instrumcnt,and leaaehoid payments or ground rones�if any.8orrower '�
<br /> s shai!psy theae obligattoas in the manaer provtded in paragraph 2.or i!not pai�in tliat manner.Borrower shalt pay thea� , .
<br /> � , on time dljectly to the•person owed payment.Borrower ahali pcompdy R�mish to Lender all noticw oi emounts to be paid . .. .
<br /> - .. , under thia pacagcupt►.If Borrower makcs the3e Qayaient�dtratly�&'rrower ahalt promptly A�miah to Lender roceipes evtdaking ..
<br /> � 1 the paymenta. " ' �
<br /> � Sacrower sha11 promptly discharge any llen whtch has pdority over thts Securtty�natnrment untess Borrower:(a)
<br /> agrees in writing to the payment of the obligatton secured by the lien in a manner acceptable to Lender;(b)conteats in good
<br /> ? fvith the lien by�or defend�ega�nst eniorcement of the lien In,tegal proceedings which in tha Lender'a opinIon opecate to .
<br /> . • prevent the en(ercement of the ilen;or(e)secures fcom the hotder of the lien an agreement satisfactory to Lendu subor-
<br /> dtnating the iten to thia Securtty Instcument.It Le�der determtaea ehat any piut of the PropertY la subJect to a 1len which
<br /> � may attain priority over tl�Is Security Instcument� Lende�may glve Bor�ower a notice tdenttfying the lten.Borrower shalI
<br /> � r sntisfy the tten or take one or mon of the actions aet�octh above wlthin 10 days of the gtvtng of nottce.
<br /> � S. Ha�rd or Propertr Insurance. Borrower shall kecp thc improvements now eaisting or hereafter erected on
<br /> the Property tnsured against leas by firo.hazarda tncluded within the term"extended coverage"and any other haznrda� - j
<br /> � , includla g tlooda or tlooding, fot whtch Lender requtres lnsuraace. Thts insurance shall be maintained ln the amounta and
<br /> � ' form 3021 9190 (pcae 2 oJ 6 pa;al
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