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<br /> .� �pi3�IER�itYlSi al�tha iarprd�tem�nis,nnw ar f��es8�r er�ed an ths pmpertY.������•�� .. . � - - --
<br /> - - ----�—�` , Sxtn�es'uotiv�or �emr�er�a pmt of tlte pmpercy. Alt,.cepla�ts'.� addltio��'sha11-also he oavered by this eawit3!'� ,
<br /> -= -_ . `irict�amtent Ali of di�e faregoiug is rifesFed to iB,this S�tutity Iectenmertt`as&e'Fnopeity" . `" `
<br /> - . BORHOR►�COVEI�IMTTS thaY Burr�a+er is 1�wfu11Y s�isr.d of tk��tate heceby cxinveyed and h�,s the rigIrt to g�attt and --
<br /> '- ------ -- �y�r tyte pra�erty�a�that tP�e'PcoPerty►.is tt�m�ered.eac�pt fESr eitaim5ranbes of rac.urd. Snrmwe�wammts s}ad arilt. `.
<br />-_� --==- � �defzud geaerallY tF�title to 47ie Property agaiast all c}aims and d�vaads.su`Gject w anY encstmbraases of r�aord.
<br /> -- _--- ' 'fI�S S�€i�1�STltidlt+iEA1T�mbiaes�ifurm cav�rants for natiomal e�se and rnon-aniform coven�ats with limite� ,
<br /> ��� variat€qns by jnrisdictioa ta���a�iform security instnir�tt caveriag reat psopr�rty.. ` " • ' �
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<br /> �, s����'�'�� �. UNII'�flRM EOVENANI�.Borrower and Ieuder coveaani and agree as foltox�'s- , . . , , . " - .._..P�_
<br /> ��•��'�€���� . � 1. Ps►yae�t oY.Prtascti�ta! tuisi I�S;.�'te�a�a�'►t aa� Late Ci�a�ges. Ba�rower s6aIZ pmm�tly gay wheri due the �}_ _
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<br /> � , :F �°-�� pancipal of a�tt interest o�s¢he dehk evidea�.��,tize I��?�'�nd aaY F�P�eni�laic�es due under tt�e Nc�te. � '� }�y -_ -
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<br /> �`��''�`�� . :�-,;���',.�.��',�',�'I'a�ces and�na�c�'S'�bjeat`tii:�.�le taw or ta a vv�rtten waiver by�ender, $orroc�•���°,�`�.�`- - -- _
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<br /> s � +�tc�'t .aio�rthl ents ase due under tii�-.�?C�anti!the Note is pai¢ii�fail,a sum(°Funds")for_�a�ye�ty.t���� 't�` _-
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<br /> - "�x��tshich may auam priority mrer this Sec�itc'iy Instniment as a liea�tPte Property:@)YearTy lease�anid gay�ents • c-_-_-_ _.
<br /> or gtotutS iei�st�u thE Pcoperiy.if asry:(cl Y�Y�Td�P�PeriY i�cnranoe prelniums:(d)yearlY Aood t'IISUraII�grenl'�ns. _ -------
<br /> if anY>(e)Yrar1Y mortgage insurattce PTemis�ms,•if a�;and(�a�s�s payable by Bossrower to Lercder,in.aocordanoe with =
<br /> .the pmvisims of patagca�sh:8,in lieu of the payment,of mortgag�insurance premiwns.These items are called"Fscsow Ites�.° -----_ ----
<br /> � LeIIder may,ac any time; colle�and hold Fuads in an amouffi not to e�eed the maximnm amo�nt a�leader for a feQerally � �
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<br /> � - retated martgage laan may requi�e for Borrower's.escrow accc�unt uader the federal Real Estate SeuleYnent Procedures Act of . �i. �_ ___
<br />- � t974�as ainonded fraur time fo time. 12 Lf.S.C.Se�ion 2601 er`'seq.("RESPA"j.unless anothet law that applies to the Funds ; ���._�_
<br /> sets a tesser mm�um. [f so. Lsnder may. at arry time.collect attd hotd Fuuds in an amnunt no�to exceed tAe lesser amaunt. � =-- -
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<br /> - � • L,en�er may�*stimate tNe amaunt of Fur►ds due�on the basis,af current data and r�uauable esiimates of exQendimres.of futuze �:�;�, � _
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<br /> ,��4--A��f� Fscmw[tems or otheiwise bn ucca�cce witA applicabte law. . • �` ___
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<br /> �` a_ , Thc��uztds sltntl bc hetd in un institution whos� deposits are insured by a federal a�eucy, insttumentality. or entity ..R;�'
<br /> _ ,.:, .�;': ,.•�..s .._. _. ..(lncludit►�Leadet.if Le�►der is such sn icutitution)or in any Federal�Home�Loan Sank.I.ender shall appt the Fands to pay the ---.-.- s� -_
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<br /> `���'`3';�.�fii'�'�� � ' Escrow Items.l.ender may not charge Boaower for holdiag and applying the Funds,annually ana7yzmg t�ie�ciow accoun.-or-�- , ; °_�, -�__
<br /> `'��=" veri i tht Escmw Items.unless Lender ys B�nower interest an th�Funds and a licabte law ermits l,ender to.make such �' ' ��.`__�'�
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<br /> ��, �,."s. •� , a charge.However.I.rnder rt�ay cequire Borrower to pay a orte-time charge for an'independem real estate tax reparting servi'ce • �. :��''-"—-
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<br /> " `. ..." tts� by Leiuter in wnnection with this loan. unless apparable law provides atherwise. Unless an agraemeni is made or -
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<br /> �s���=� �.,-� �:,�-� a.`=� , applic�le law r�quires interest,to be paid.I�ender shall not be reqaired to pay Borrower any intetest or eamin�s on t6e Funds. _ ._. . - . -µ�-
<br /> ?�a��;���" Eorrower aztd Lender may agree in writing,however.that intenst shall be paid on the Funds.I_ender shall give to�ortower, ;:`..r%��
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<br /> -.°x-�a•;�°:- without charge,an anuuai aecountiag af the Funds,showing cre+diss and debits to the Funds pucpose for which each :,' .
<br /> ?+���"'•"='�" J' debit to the Fuads was�de.The Funds are piedged as additipnal sewrity for all sums secured by this Secnr€ay�smunent. ��
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<br /> �' -Yt�'r�;'�' `�x`�� If We Funds hetd by Lendet eaceed the amounts���tted to be heW by applicable law;Lender shall a�aai�t to Horrow+er
<br /> '. '°` � far ths e.xozss Funds in accordance with the requiremz�.�bf appticabte law. If the amount of the Funds held$y.�.ender ai any, . "` � �
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<br /> �yn.. • ' � �I - ti�e is rz�t svfficieut to pay the Fscrow Items when dae,i.euder may sa notify Borrower in writing,and, in sueh case Bomoaxr�i �:•�
<br /> �V-`''����' s'�all payto I.ender the.amount necessary•to.make up the deficiency. Borrower sha�l make up the defitieacw.ia�na more tf�t' ���°''•`� �`
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<br /> ,.:x�::v;:;i•.�<:�:.:,';.,� � ,.�ielve monthlY Payments,at Lender's sole discretion. �, - ..x . f �' .
<br /> ' '''';�`" . Upan payment in fvll of a11 sums seaued tiy this Secvrity Instrument. Len,ier shall promptty re�fund to Borrowcr any - �
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<br /> �, :.y�.;�;.�;� . _ Funds hetd by I:ender.If,under paragraph 2t,Lendershall acquire or sell the Froperty.Lertder_priar to the acquisiuon or s�le ;.:�:.�- �
<br /> . ,�j��;�_ '; : of the Property;shall apply any Funds held by Lender ac the time of acquisition or sale as a credr.a�aiust the sums sec�uy '?'�`i''r•s• �
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<br />. • ,.� ;,,•- AE''.:,;;.� . t�isSecariry Insuument. : •, . . � � �.''_
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<br /> ,� 3.Application of Paymeats.Unless applicable I:�:.�rovides otherwise,all payments received by Lender Wkdi,�'pa'agraphs �`•'.'� �-�y----
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<br /> •��?,.�,_;;=.,,.� � . , :k:i.-ic!2.shzll be applied:first, to any prepayment c(�j:.��i:aa under the Note;second.to amounts payabte unr�:paragcaph 2: ,.�:�%,�
<br /> ��3��i'.�''�'r;, � �.::zd,to i�r�est.due;fowRh.to principai due;and last..ta�-•y tate c�rges due under the Nate. . .•;;:;::;,;� :
<br /> _..��X:�. � . 4.��;Liens.Bortower shall pay all taxes,asSessn�erea,�:�arges.fines artd imposirions attributabte to the Property : '•�• �:,:. :�:�:,.°.��.�:
<br /> 3'" ��=���. ,. � �evltich may attain priority aver this Seasrity Instram.�rz�an d lea'seno Y d paymenu or grou n d rents. i f any. Borrower s h a l l pay , F,�
<br /> ��•�-_<...',,. .�, . � :frese obligatians in the manner provided in paiagra�m�.,.ar if not paid in that manner.Borrower shall pay them on dme.direcdy �,. ,
<br /> °'� : ��:��+'r::_ '-;.;: . �to the Qerson owed payment.Borrower sbalt promptty fumish to Lender all nodces of amounu to be paid under this paragraph. • :+ •.:' `��'r ' ;=.
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<br /> �`'�':-'%; ":� •' '� 'If Eorrower makes these payments directl�.Borrower shall promptty furnish to l.ender receipts evidencing the payments.. :��.4;;�.::�.?
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<br /> • ' . Eorrower shall promptly discharge:rry tien which has priority over this Security lnswment unless Horrower.(a)agrets,in . ,,;.,.at,;�:. :
<br /> ' `�°i`�� ' ` '� ' ' writiag to the payment of the obfigation secured by th:lien in a manner acceptable to Lender.(b)contests in good faith tlfn eii:n . � ..:;'�; � �
<br /> ` .,.,,, .. :....' .
<br /> - `; :&�! or defends against enforcement of the lien i;�. i�:,ja1 proceedings whicb in the Lender's opiniun operate to pre�•'a.»�he _ : , . . .
<br /> ., � � �nforcement of the lien:or(e)secures from the hot�rr cf the lien an agreement satisfactory to L.ender subvra:ra*.in�r,f:e lien to " � . '
<br /> : •r � �'�! �. 45is Se�urity.Instn�ment. If Lender determines that xrg�:�aR af the Property is subject to a lien Which may :::',�.�:��rietric�'over �� . � • �
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<br /> •-..-t:::. ��;�:; t�is Secnrit�Instrument.Lender may give Borrower a rtotice identifying the lien.Borrower shall satisfy the��i�n�s s;,:j:c:c:ti:or
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<br /> 7 ,;:.��tv,. ra�re of tfie acticros set forth above within 10 days of fl4,e�=vi�g of notice. •
<br /> � '�i' -�{�;�.�-xf Gcr^t_L23 '3!90 . � � ' ,
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