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<br /> • .:- -�`�'�`. 'f0(3�TNIiR Wi�'N edl ti�4 ini�r�►vcnn�nt+uow�►r heruiRer crectod on the ra crl . all easemsn , nance.4,and �. . ._.,-,:c;,.'�`�
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<br /> '��;:�:�:fn 8xtutcs now �tt itcrcu(lcr n pi�r� af'�he ��r�qxr�y. All rcpinientcn�x und udditions shall alsa be covered by this Securiry ;:. ;:na;:,�,�a-
<br /> *-�:::�-�•�. Instrumc»t.AU ui'Ilie ii►rctudnt�iM rc�lcrrc+l tu in th1M Si�utrity lusl�'�ntcnt us thc"Propcny." • ,r„;,,.:;;�,,,„.;:
<br /> :;.:;�:,:� ., ' , IlpH11C)Wl�tt t'UVIiNAN'I;�+Ihul 1luuu►►-�:r iA imvU�ll�++cincd uf�uc cytutc hcrchy cutivcyul und has thc right to grnnt 3nd - - .: '` �_
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<br /> - �i .;' . ennvey Ute p��ipiriy�►ud Ihnt Ihe lhupi��ty 1�un��ncuntb�red, except G�r encumbrimees of record. Aormwer wurrents and will
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<br /> THI��i?('Uttl'I'Y((`I�'I'It1tA11�N'1'rwuhlner mulunn rnvennnt�ti►r nutiunul ur�c und nun•unitarm covenants with limited , . ` �� _
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<br /> .::, :�•.,�.�°` vutiutintlx hY.IutltidleUun tu r�inUll��t��a�odiumi,rcurity h��t�umcot rovcrfn�rc�d property. . • . •.."�;,. ',;,r-.;_�
<br /> UidIF'OItM t'UVI�Nl1N'1'ti. 1luuu��c� und I a�n�lcr codcuinn m►d iigru�nr;folluws: � ' '-
<br /> ' :,. , L 1'nymcnt uf I'rlin�lpul nnd bUetvrh Pirpnyn�ent ��nd i.td�+ t.'Ii�tP�te�. H��trowcr ahi��l prumptty puy whcn due the . . . °
<br /> '`: '�s'��.��'�' }irMcipnl oP�uid int�r�•.t�►n th��d�'i�l r.vldrur��J by ihr Nu��i�nd���,y prc��!�y�nwnt an�!I��t�rhurgeti due undcr thc Note. ., _
<br /> 1 ��``��- 2. Itmd�P«r TtIMI'9 q111i Itl�11Wp111Y'. Sub�.•cl 1�► ,ippliruble io�v nr tu u wriltwn wuivwr by I.endcr. Borrower shall pay to _ .�'
<br /> '`�.�. I.ende�on thc.dny muaihly puyu�r.�uA u�� dur mtdri ih�N�►ie.untU�he Nc��o i,r ptdd in full, u sum("Funds"1 for.(u1 Y�arly taxes
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<br /> . ' und�►sser++mentx witlrlt ntay iuiitiin priurlty uvcr�hi�Security In�trument i�.u ilrn nn the Pn�pcny;(h)ycurly leuschald payments •
<br /> .. - or gmund rentn�m thc Pmperly.if uuy: Icl yc.�rly hniurd ur pru�nity insurnnco prcn�ium�: (dl ycurly Ila�d in�urancc premiums.
<br /> ' • . if nny: (c)ycurly nturt�lu}tc 1�►.un�nc�p�cmium�. 1f nny;uml 111 eny hunn puyublc by Horrowcr to l.cndcr, in accordance with • .
<br /> the pmvi�;ion�+of p,irugraph N, h�licu ul thr p.�yn�cni�H�muultuge in+uninrr pmmium�. Thcse item�ur�cnlled"Escrnw Items." ; � _ ;
<br /> Lender muy, iit �►ny time. ri,Ueet ,n�d I�uld fnudti iu un umrn�nl n��t to exccrd thc muximum umutmi u Iender fiir a federally • .
<br /> � � related mnnguge t�mn nury rcyuirr li�r Ilurruwcr'h crc�o�v iireuunt undcr the fcJerul Rcul Estute Scu�ement Prneedures Act af • .
<br /> 1974 i�x nmended fn�m tiine tu timr. 1� U.ti.C. SrcN�►n �h(11 e��sr��, 1"I21?SPA").unle�s unothcr law that applies ta the Funds ,
<br /> �• �sets a lesser umount. If su. I..enilcr muy, su nny tfun, r��Qcrt and huld Fan�t+ in un umount not to cxceaf the lesscr amount. , ��;,;�� �'` _
<br /> �,t:�, r��-,'a� Le��der may estlmt►te the�mu�unt��f l��u�dr.duc un dir hi�si�oT current du�n imd rer��onuhte estimates of expenditures of future '�' . :;°;�:;�,:::�;;,.:.
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<br /> . Escraw Items or otherw{nc In itccor�lunrc witl��ipplfcithlc I�av. � ' �:'�`�": �
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<br /> • The Funds shall bc held in un inht'tittliun wl�utie de(x>�itr, irrc inaured by ii f�tiferul u�ency, intitrumcntality, or entiry ;;�;,,. ' : � ,
<br /> • (er.�ctuding l.ender,if[.cnder i�huch nn intiututi�nu ur m+my I�cdcrul ll�nne[.�nm I�nnk. l.erxicr shul i upply the Funds tc►pay the �,�` . . '
<br /> ' &i.rn�w Items.Lender muy ncet ri�argc f3nrruwer tirr huldi��g und upplyfnu thc fund�,unnually unulyzin€the escrow accaunt, ar ,`
<br /> ' ���rih•ing the Escrow hemti,unles.t.endrr pey+Hurrower intrn+t an dte Fund�und npplicuhlc taw pemiitr L.ender to make xuch 4°•
<br /> ,� a churfie. However,i.cndcr mary rcyuirr Burtowcr tu puy u�mr-timr nc��rgc fi�r im indcpcndent mul cstatc tux reporting service �'',a . :;=_-:
<br /> " . . • used by [.ender in connection witt� thi� l��an, unletis ��ppRu�Mr Inw pruvide+ utherN�ir.c. Untess an agrcemcnt iti made or � • `;�'-'
<br /> upplirable luw requirrs intcrc+t to hc puiJ, lAndcr r.hull n��t hc reyuirrd tu puy Hurrowcr uny intcrc,t nr carning+on the Funds. ' , ;. ''i;�'
<br /> � �orro�ver and Lendcr may ugrce in writinu.huwrvcr. Uiut inicrc+t riudl hc puid un thc Fund.. I.enJcr ,hall givc to Borrowcr. • .r+r- .
<br /> � withnut charee, an unnual accounting of the FunJ+. .lu�winH �•redit,und debih to tl�c Fu�xl� und the purpo+e for which euch ' • `'`�;���
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<br /> debit to the Funds wuti mudc.Thc Fund�urc p1cJ�!ed u���ddiU��m�l�crurily li�r all,um>>ccurcJ by thi+5ccurity Instrument. ' :�;y:;;��>., .
<br /> 'Y,� If the F'undti hrld hv I.ender exrerci thr��muunt. {xrmiucd�u Nr hrW Ny upplicuble luw.l,ender shull account to Borrower t..T �"""� ' �
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<br /> ���a� ti�r the exress Fund� in ac Y�rdunce with thr reyuirruicnt+ ul appli�uhle luw. If thc iunuunt uT the Fundti held by I.cnder at any ' � �
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<br /> „ . �:� time is nut sufti�ient to�t�y the Eticrow llc►ti+whcn Jur.t.�nJcr m:ry+u nutify Iiorru�vc�in writing, and, in such cnsc Borrower ,;,,
<br /> ���;•• shall pay to Lx�u�er the umuunt necessury tu mukc up thr drl'irirnry. Borrua•rr�li�dl m;ikc up thr dcticicncy in no morc than �''�� � ��
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<br /> • twelve mnnthiy payments,nt Lrndcr'ti sede cliticretiun. ' i�'��
<br /> • Upon puyment in fuU ot'all �umti ticcurrJ h� tlu, tirrurny In+trununt. t.cndcr >h�dl pro!r.c*Uy refund t�� Borrawer uny ;�,,° °�;�f�
<br /> Fe,�nd+held by l.endcr.If, under paragruph 2L I.endrr+Ir.dl s�ryuirc or�rU Q►e 1'ro�x tty.Lrnd�r.�rc�ior to thc acyuitiition or ti:�lc r� . . !s '��
<br /> , 04'the Propc:rty,shall npply any Fund. helJ hy l.rndrr ai ehc time��1 aryu„itiun ar.ulr a.a rr..det: ngai n.t the,ums secured by ' 4!�. •;
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<br /> �'� this Sccurity In<trument. '�"r•;',.i:i.�.!.
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<br /> ;i, 3. Applici�tion�►f Pacments. l�nl��.appliruhlc la�� prwid�,utl�cr�vi�r.:�II puymrnt. rcrrnc�t Q�� C.er,.tcr undcr paragtuph� . .�F�, ,.;=,;�
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<br /> . ;�i: 1 and 2 shull he applied: fir�t. u�an� pmpuymrttt rhargr.dur unJrr thc Natr: rc�und. tu atn�►unt. pa�a[�le acnder paragraph ?: .,:•��,.�
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<br /> •� ihird,to interest duc: fourth,tu pcinripul duc:��nd la�t.tn am latc cl�ar�r.duc unJcr th�Nutc. }"��� �,�����;•
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<br /> 'd;t: 4. Chaa�cs: Liens. Burrower �hsll pay ull tuxc..a,�r..m�nt�. .httrtir.. finr.anJ unp��.itiun. aur�hutahlr tu dzc Properiy :�; :.. �':;
<br /> •qti which ma� attain priority ovcr this Scrurity In.trum�nt. and Ira+�hold pa�mrnt� ur }�tuutxl rent.. d ilp\. I;URIDUtQ\flall pay ."�;`;�':; , �'',•
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<br /> "•t�;, these obligatiun. in the mam�er pro�•idcd in par:►gr:i�h '��r i1 nut pa�d in tlurt m:innct. liurr����rr tih.dl pa�thrm urt umr dirccUy : :.,::..:,�;
<br /> - •r�'' to the penon ou�ai p.�ymrnt. RorroWer �hall pr��mptl� lurnt,h to L�ndrr all n��U.c.�d .emmnt.t„he puiJ undrr th�. para,�raph. ;;'.;ti;`' .: •
<br /> If 9orn�wcr makrti tl�c�r paymcnt�Jirerdy. Hurr��Nrr .h.dl prumptl� li�nu.h t��I.rndrr �r«•�pt.r�idciK�n�thr payenec�t.. • ,
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<br /> $orrowcr tihall prumptl�•di�churgc an�•licn ahrch ha,pn�,nt� u�r� tlu.1e.unt� In,u wnrnt unl�,. B��rroacr i.ni agr�ti.in :�,,
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<br /> , • , writing w thc paynxnt of thc ohligatiu�i.ecured h� tl►�h�n m :�tnannrr:trr�•�u:�hl��tu I.rn�irr. �h�cum�.t.u� ;_��n�D faith thc�►en
<br /> ' by. ar defends a�ain�t rnliirrent�ttt u(th� licn in. Irgal pr��rr��Jin�. ��lu.h �n tlu� 1 rn.lri'. ��p�nnm ��prr.ur ta� �r<<cn► the .
<br /> entorcement uf thr licn:cir(r►urure,tium Ihr h��ldrr ul thr hrn ,in.ip�r�inctn .at�.t.��hn� i�� Lrn�lrr wh��ralm.�teng thr hen tu
<br /> this Scruriry Instrum�nt. !C L�ad�r drtrnninc� th:d :�m �,:ul ��I Ih�� 1'��,��rii� t. .ulqr�t tn .�hrn��I�uh tn,n .dt.un priaril���i�cr
<br /> this Security In�trument. I.�•nd.r ma� gi�r Burr����ct a m,ucr ulrnt�I��n� th.� I���n B�m����.�i .I�all .:unl� �h� I��n ur tal�r cme ur
<br /> mure of the acuon�.�t fonh ahc��c.•irtim 1 O da�.�d t h��p��in��,1 n����.r
<br /> Form 3028 8�90 '
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