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<br /> °:��:�±� . 'TOOBTHBR VVI'TH dl tha impmvamemts noH or hero�tter �reated on the �+operty� �nd �I aeementa�
<br /> . . :,,+.. �°�'�► � �ppurtenuiwe.and fi�twem noW or hane£tes�part of tho praperty.AIl e�eps�vomonte and addtdana e�wll ala�be aovetod ��=--
<br /> . ,`•:-.� .: by thte Seaurtty Jnsttumen�.All of ttre tore�oln�ia eafonfnd w ta thim Seovr�ty tnatrumontas the"Pr�ptrty." °��-�-�--=----
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<br /> � . IIORROWBR COVBNANIB that Borro�ver Ic�la►xtully eelsed oi the estste hm+eby canvcyeA�nd hae t�ho�i$f►t w �.,��
<br /> � Erant sa►d oonvey the Praperty and th�t the Frc�pe�y ie cuieaaumbered�escae�s!�or enoumbr�noaa of neflord. BorroNOr =-�-�
<br /> -,,----- waeraab�aad�►tl!�ef�nA�eneraily tho title tfltha�a+npeety agiinat dl oldme attd demande.Rubjeot to uW enoumbranc�e ��"�f �-�— -
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<br /> '1'H(�g$CUIt1TY W37'RUMBNT comblrt�e unitorm eaoveaante�or nadanai uea md non-vnifornn ooven�nte wIth i��,�s.Y:... �.
<br /> . '- tianite�l vgel�donz bq jurfcxiictioa!o aa�nstltn�ten tmftorm e.eaurity irtstrum�nt oovertng tbal�sroPerty -� �:�."- _-
<br /> ��:n��=�,.
<br /> � UNIFORM COVRNANT'S.Bortocver aad Londar covea�at and a�ea as lollow� ��::. '��^'-;z�='—=_'-
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<br /> '�; l. Paymeat ot 1'rlaaipal aad Iaterest;P'repsYmeat and I.�te Charaea.Horrowor shell promptly paY ahen due . :��`'��;;���_
<br /> . . tlee prinoJpal oi ead interest on the debt evIdsncad by the Note aad anY ProPaYment�+nd lete ahu$es due undQr the 1Vote. , '�.`�:�q,••;�.�,;",:,' .:-
<br /> --- _ 2. Fe��ds !or Te�es end Ioavr�nca 3ub�oot to eppliable law or to�cvrttten wdvar by I.ender. Borroaet s1u11 .:�'�_,t:_, •_,;�_,�3�,� .. -
<br /> � � �� W Lander on theday monthlypaqmen�sar�dua u�tder ttie IJote.untt!the Nou ia patd�n fu11�a sum(°Fuads°)tor. � • �-
<br /> ' ge�yearly texes aad e�ssmenta which mn�+ettsin prtority over thia Security Inatrut¢�ent a$a lien on the Property;(b) . _
<br /> . yearly leasehold paymente or grouud rents on the Proparty.it any,(c)Yeflelq haiard or prapnrty inswansx presn�um� . -
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<br /> (d)qesrly flood Iasuea,rnco��urn��E2 an�+;loD 9early mortgage inauranoe prem�ume,tt any;at�d(fI�ny snme pnyabla .
<br /> by Horrower to LetrA�e.in¢cc�Pd,acTCO�nit@ t�a P�rovteions of paregcagt►$►ia lieu ot tho pnyment of mortgege insurance ;. _* : ' .'
<br /> � prernIums.Theso ite�na seo c�9R�d°1kT�a+ov�r Itec�s.'Lender msY at a�Y timo.oollect and hold Funde Irt nn amount not �
<br /> to exoe�d the maximwrm aunv�wmt� leze� iar a fedorally relnted n�e�r��e loan msy require for Horrower's escroa �. '�' :�,��.;{a::__".-
<br /> � aa;ouat uader tbe fodresal Iltea& �te SeteIlem�nt Procodures Act v�15'�141 as amended irom ttme to time� 12 U.S.C. '�.' . ;:.ry�w;x...�r=,
<br /> �� Seatto�1601 et seq.(�L�S�A')�unless am�tA�r law that applies to�1Fnr�da se�a lesser amount.it s��Lender mey, ti+��::'.'r;<�:. :::-.;.��_—
<br /> i at anq 4ime�ooileat aix�f hm4d Funds in sn amommt aot to eaceed the 1¢��c+�oun�Lander ma�r as�tamnats the amount o4 ��; � . - � ..
<br /> ,� Fuads due on the l�asis oY curnent data and re�onable estimates of esg�ee��isures of fuEUre ff=.cxr��►IIQoms or o3hetwlse in ;�„�,� _
<br /> acoordance witheppticablo law. :`'``�:�°4.=_
<br /> ,.:� The Fuads shall be teeld ia�s�n anetitution whose de�si,8s are insured by a fodataIl��cgr.iarste�ananeaeta�isq.�r entity " . ,r�,�.��s,_
<br /> `. (includin Lender.i4 Lender ie suc➢�an inatiwdon�or in any]E�ederal Homa Loan Barn�c.Le:nder shsE9 app]y the Ptinda to . :':. '`w��;;'Y
<br /> ` �� � pay the F.gscrow Iteme.Lender may not ctnarg� Borrow�r$or teold.ing and applying the Funds. ecnueualIIy analyztng the .'� s .-�=-�_
<br /> • _ eecrow aa;ount,or veae#ying tha Bscrow ILa.ms� unless Lend.er p�Ys�oraower interest on the Fundis and applicable law ''' ;�.,•�'
<br /> .� � permits I,ender tm m�ake such e charge. ]HoN�ver. Lender msy requime Borrower to pay n one-time charge for an .������f;�,:-�_�
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<br /> independent real estate tas reporting servioe use-d by Lender in c�onnection aith this loan,urrless spplicable law provIdes ,�,.�.��
<br /> . othetwise. Unless aa agreement is mada or epplicable law requires interest to be paid,Lender shall not be tequired to • ����� �—
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<br /> • ' pay Borrower any intecest or earning�a oa the Funds.Borrower and Lender may agee in writing.hoaevet,ttest interest �, '�,.{+i�- ,'��
<br /> shall be paid on the F�ands.Lender shall gi ve to Borrower,without charge.an annual acoounting off the Funds.sP�owing �, ",;n;l�; -
<br /> i cre;litg snd debiis io+?:�Fesads an�ihs pu�� for ahich each debit to the Funds aes made.The�unds ere pledged as ,,____`::_� _ _
<br /> ,. , additional security for sll sums secured by thisSecurity Instrumen� ;��•�j:,� �`
<br /> • • I�the Funda held by Les►der asceed theamounts perneetted to be tneld by applicable law, H.ereder shall a000unt to •�,�' .'.:
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<br /> Borrower for the eyoess Funds in aocordance with the requea�ements oi applicable Iativ.6f the a�ount of the Funds held ;,�,�;�,,,,,:;.'��
<br /> by Lc�tder st any tima is not sufticient w pay tJ�e F•scrow Items when duo,I.ender mrnny so noti�y Aorrower in writing. F����c+��t� •
<br /> and.in such case Bomower ahall pay to Lea�der the amount neceseary t�mnahe up tbe defictencsr.]��rrower shall make . .: , . ,
<br /> up the deCciency in na more than twelve sraonth�Y paYments.at Lettder's s�ae a�iseretion. ' �Q'�;!, .;,;
<br /> , ��:�,.. Upon payment in full of all sums aecured by this Security Instrum�u,II.ender shall promptly refund to Borrower ' � +�l�•¢, y,:::
<br /> '. � eny Funds held by I.ender. lf, under parsgrapl�2t, Lender shall acquire or sell th�Property, Lender, �rior to the
<br /> �•;:...�� acquisition or sale oi the Property,shall apply sny Funds heId by Lendet at the ume of acquisition or sale as a credit �i '` ° �
<br /> ''�j" against the sums secured by this Security Insuurnent. j '��f
<br /> 3. Application v,ff Paymeats.Unless applicable law provides otherwise,all payments received by Lender under f ':��
<br /> ,;;;,;:� paragraphs 1 and 2 ste�.tl be applied:first,toany pr�ep�yment chargea duP under the Note;second. to amounts payable r_ �
<br /> •��:" ' under paragraph 2;thiscB,to interest due;fovrth, w principal due;and last,to any late charges due under the Note. � ;����
<br /> ,•t�'. '.� , 4. Charges; Liens. $orcower shall pay al l taxes,asse�ments, charges. fines and impositions attributab(�to the ,
<br /> �`•:� � � Property:vldhich may attain priarcuy over tfiis Security Instrument, and leasehold payments or ground ren�w, nf any. '
<br /> • Borrower shall pay these obligations in the manner provided in paragraph 2,or if not paid in that manner. Barrower ; • ;Y,
<br /> shali `��:-�
<br /> • ; pay them on time directly to the persan n ned payment.Borrower shall promptly furnish to I.ender all notices o2 i f,,;�.::,:
<br /> i amounts to be paid under this pacagraph.I�Borrower makes these payments directiy.Borrower shall promptly furnisP� .. ,,sf�.:.,
<br /> � to Lender receipts evidencing the payments. ,
<br /> Borrower shall promptly discharge any lien which hes pdority over this Security Instrument unless Borrower:(s)
<br /> agr�es in writing to the payment of the obl igetian secured by the lien in a manner scceptable to Lender.(b)vontests in
<br /> ' good faith the lien by. or defends against enforcement of the lien in,legal proceedings which in the Lender's opinioa
<br /> operate to ptevent the enforcement of the I�en• or(c)secutes from thr hoider oi tne iien an agrecmCni eau�,n�:.;:i u. �
<br /> �;,. ' L.ender subordinating the lien to this Securit�Instrument.If Lender det�rmines that any part of t�e Property is subjact ; ..
<br /> �'�� ' , to a lien which may attain priority ov�er thisSecurity Instrument.Lender may give Borrower a notice iden4cR;�ing the . .
<br /> � lien.Bocrower shall satisfy the lien ur take one or more v�the actions set forth above within 10 days of the giving of • �
<br /> '���'' f notice. •
<br /> � 1 Form 3028 9/90
<br /> .� ,. � ��SR�1Q�otoEiot P���o'6 Initielc . .
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