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<br /> 'Cqt�L�'I'H�R WlTH►�l thc imp�vere�nt9 aiow�x I�ereaftsr er4ctc�l an tho pruperty�ililtl AIE CII6L'l1iCi1I9•OjiptlltCr:s�icc;,
<br /> wsi,iai�ues �ww:,:��ectat3s.;w p�ri a£she �rcp^ety, ��I rcpincemcnts atul addltkaa�s shall nlso t�e ca►vertd hy thla Se�;udty .
<br /> I�tru,menG Alt of t1�o fongoir+g is retersed ta In th1R Sttudty Inetrumcnt�t1�o"ProPerty."
<br /> BORItOtV�R COVENAN'�5 thnt HorroweY�s luwiutiy selse,�of th�oetaLe hercby convey�d and hus the�igitt to gnutt
<br /> and convey thePcoperty and thu the Prnpe�ty i�c unenrumberrd.ex�ept for encumbrancea of rocord. Bnerower wnrr�nts onc!
<br /> will def�nd generrelly t1�e titlo ta the Pro�rty agatnst ull ci�ims and demands.sub,ject tn any et�cumbrunces of racord.
<br /> THIS SECURPi'Y iNSTttUMBN'1'combines uniform rovenain.�s for nadoi�ai uhc suid non7uttlfasm co�iennnt� wllh
<br /> Iimited variuttons by judsdiction to conadtute a unifotm security inswment eovedng real ptapeetY•
<br /> UNIFORI�COV ENAN7'3• Bomawer iwd I..cnder covens►nt und ugree as follawe:
<br /> 1. Payment of Prtncipd snd Iatera�Prep�yment�nd Lrte ChasRcs. 8arrowcr shull promptiy pxy when due thc
<br /> princl al of uad interest on the debt evidenced by the Note und nny pnpayment and lote chntges duo und$r the Nou.
<br /> � �lunds fo!'Ihxes pnd Insurance• Subject to applicable law or to a written wniver by Lender,Botrower�hall pay to
<br /> Lender on th�day mantiily paymcnts are due under the A1ote,uatll the Note is pnid in fuU.u sum("Funds")for.(u)ye*rly
<br /> texes and assessments which a►ay attain prlodt�over this 6xur1ty Instrument as a lien on the Property;(�)yesuty teusehol�
<br /> payaients or ground renia on tha Property.if aay: (c) yearly hazard or Propert7' fnsurance pnemiums: (d) Yearly flood
<br /> ����gremiums, if any; (e) yearly�nortgage tnsurnnce premluma�euY:�d(fl �►Y sume payuble by Hotrawer ta
<br /> Leader.in accordance with tt►e provlsions of paragruph 8,ia lteu of the puyment of mortgAge inauronce p�+emi�une• Zlsaso
<br /> items are called"Hscrow Items." Lender may,at uny time,collect and hold Plinds in an amount aot to eaceed the snaximum
<br /> amount a lender far a federally related raortgage loan anuy require for Borrower's escrow sccount under the federal Real
<br /> Estate Settlement Pr�edures Act of 1974 as eraended fram dme to dme,12 U.S.C.�?.601 et seq.C'RESPA"),ualess another
<br /> law that applies to the Yunds sets a lesser amounG If so,Lender may,at any dme.collec[and hold�unda In aa amount not to
<br /> exceed the lesser amoua� Lender muy esdmate the am�ount of Funds due oa the basls of current data end reusonable
<br /> estinnates of expendltures of future Eumw Items or othetwlse in accord�ance wlth applicable law.
<br /> � �ti '''�' The Funds sball be held in an insdtudon whose deposits are inswed by u federal agency. insuumentaltty,or endty
<br /> � ` (lacludiug Lender,If Lender is such an�nstimdon)or in any Federal Home Loan Banlc. Lender shall apply the F�ds t�o`poay
<br /> . , � ;� , the Escrow Items. Lender may not chnrge Borrower for holding and applyin$the Funds.annuailY�Y�AS
<br /> �� :. account,or verifying the Escrow Itemv. unless L.ender pays Hoirower interest on the Funds aad npplicabte law peemits
<br /> 4 �'' ' Lender to meke such a charge. However.I.eader may require Borrower to pay u one-time charge for an independem[eal
<br /> r ��`�''"' estate tax re rtin senrice used by Lender in coanecHon with this loan,unless applicable law provides otherwise. Unless an
<br /> � ���.f j�r,�;,;_ ..:.;` agreement is�raade or applicable law requlres iaterest to be patd,Lender shall not be mquired to pay Borrower any interest or
<br /> ��.,�i•,'�':��'�=• earnings on the Funds. Borrower und Lenaler may agree ia wridng,however,that interest shull be paId oa the Funds. L.ender
<br /> ��:''?''.9�'�`',������' ' shall give to Sorrower,without char�e,an annual accounting of the Fnnds.showing credits and debits to the Funds and th�
<br /> �' -f�=•' ` gucg�s?for which each debit to the Funds was made. The Funds are pled�ed as addition�l securlty for all sums secured by
<br /> "�'� �,..;�...�:... this Security Inatcumen4
<br /> ` ' �"� � Y� If the Pt�nds held by Lender exceed the amounts permitted to be held by appllcable law, I.ender shall accow�t to
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<br /> t.�,r.. :�.;�,r:,;,.�� �.,� Boaower for the excess Funds in accordance with the requirements of appllceble law. If the amount of the Funda held by
<br /> � "�' Lender at any time is not su�cient to pay the Escrow Items when due,Lender may so notify Borrower in wrldng, and.in
<br /> '��":`'.. ;`; ''' such case Bo.nawer shaU pay to Lender the amount necessery to make up the deficjency. Borrower shall make up the
<br /> " dafic;ency Ia au marc thau tr:eD!�e mo�tthly payments.nt Lender�s sole dlscredon.
<br /> � ��'�'`��� Upon puyment in full of all sums secured by this Secudry InsuumenG 1.cnder shell pmmpdy cefund tu Bu�iower any
<br /> '"�`{r""''''�""'`°"'� �nds held by Lender. If.under paragraph 21.Lender shall acqulre•or aell the Property.Lender,prlar to the acc�uisiaon or
<br /> • ``x�'�'�" �"`':_�°'•�Y sale of the Pe+opeRy. shali apply Any Fur�ds held by Lender at the ume of acquisidoa or snle as a credit against the sums _.
<br /> �'"`°`" '._,. • secuned by this Se�urtry Inswment. l�,;4.
<br /> '`''"''' '- �;''�� 3. A lleaBon of Pa enta. Unless applicuble law provides otherwise.all payments c�eceived by L.ender under �,t
<br /> :�R•:,�,; ;:� . .: PP Y� �.
<br /> .�.,�,;;;;,;:;.�•. ;.;.:�. paragraphs 1 and 2 shall be applied;�irs�to any prepayment charges due under the Note;second.tn amounu payable under ';ro.
<br /> � �`: � '���! paragraph 2;third,to interest due;faurth,to pcinclpal due;and last,to any lute charges due under the Note.
<br /> °�`���''''�^ �'•`�� '' 4� Charges; Lfens. Borrower shall pay all taxes� assessmenta, charges, fines und imposiHons atuibutai�le to the
<br /> ��n'"�"'�"�"`�`'''`�� p r o p e rt y which ma y auain priorlty over this Securlty insnument,and leasehold payments or ground rents.if any. Borrower
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<br /> `� shall pay these obiigadons in the marmer provided in paragraph 2,or If not paid in that manner.Bonower s h a l l pa y t h e m o n
<br /> ,. ..., _ " �{s p��ph. IfeBorrower makes these paymentsrd3recdy�Boprro eurshall promptly fumish to Le der receipts ev�denctng
<br /> � the payments.
<br /> ' � Borrower shall pmmpdy disetiarge any lien which has pdorlty over this Security Instrument unless Bocrower.(a)agrees
<br /> �� � in wridng to the payment of the obligadon secured by the lien in a manner acceptable to Lender.(b)contests in good faith the
<br /> ����� ' lien by,or defends against enforcement of the lien in,legal proceedings which in the i.ender s apinion operate to prevent the �.,'�.+;�
<br /> I r�`�''"", enfoncement of the lien;or(c)secures from the holder of the lien an agreement saflsfactory to Lender subord3nating the lien
<br /> .��4 �' ' ° to this Securlty Inshvment If Lender detemunes.that any part of the Property is subject to a lien which may attain peority
<br /> ti� � � ' over this Securicy Inst�ument,Lender may give Boirower a noHce idendfying the lien. Borrower shall satisfy the Uen or take
<br /> ,��"'f ' one or more of the acdons set forth above wtthin 10 days of the givin�of nodce.
<br /> .�:' ' �• 5. Nezard or Property Ineuraace. Borrower shall keep the improvemeats now exisHng or hereafter erected on the "�;
<br /> property insuned against loss by fire, hazards included within the term"extended coverage"and any other hazards,including ,..,'
<br /> -_ � ; , floods ar flooding. for which Lender requires iasurance. This insurance shall be maintained in the amounts and for the
<br /> ,�.' " Fbrm 3028 9I90 (PuBe 2 of 6 pagesi
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