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<br /> - 'i't)tilt'1'Iflitt WITN nll iho iinpr�vcmentn now ar hetcaftcr crcctcd on the property.und�31 enscments,appurtenunces,
<br /> nttA pxluj'ey nuw ut Itcresf'ter u patt uf iho�roperty. All replacements ard addidona shall also be covered by this Security
<br /> In.rYtti�txnl. All��P 1lta fiircguing is rcfrrted ta tn thia Secudty Inatrument us the"Proper►y."
<br /> t!t)ItHf)WHK t'qVHNANT9 thnt Dnrrower i�lawfully r�elsed of the est�te hcreby canveyed and hus U►e dght tc+grant
<br /> w�xl c�Nrvuy 1ha 1'ru xrty und that thu Praperty iK unencurnbend,eacept for encumbrences of record. Horrower warmats aad
<br /> wfll tial'and�kner�l�y tha title ta tho Ptnperty against all clafms und demands.aubject to any encumbrances of record. ,
<br /> �'il(P; ��[St:IJRI'1'Y IN�iTRUN14RIT combincs t�nlfomi cavenants for nntfonal uqe end non-unSfonn covenanta with
<br /> litnital vwriwtion�hy Jurl�xllclian tn catust(tuto a uniform secudty jnstiument cover�ng nul pmperty.
<br /> IINII�IIkM�'f)VIiNAN'I'�. Barrawer und Lendercovenant and agree sis foAows:
<br /> 1. IA�ymenl�►f P�Inclp�l ond Intere�ti Prepsyment ond I.ate Chprges. Bomnwer ahaU proraptly pay whsn due the
<br /> {�rincl�nl oY anA intcrcyt un tho dcht ovtdcnced by the Note ond eny prspayment and late charges due uader the Note.
<br /> �. F1�ndM for'11�xen artd Inaurwnce. Subject to applkable law or to a wrltten wa�ver by I.euder.Horrower shall puy to
<br /> l,ctuler an Iho dny mimthly pc�ymcntx are duo under tho Note.until the Note is paid ia ful},a swn("Funds") for.(a)yearly
<br /> �uxc�and oqscsMnKnty which may uttatn priodry over this Securiry Iastrument as a lien on the Propecty;(b)yearly leasehold
<br /> tiuynteniN ��r grouncl rcntR an tho Property.if any; (c) yearly hazard or property insurance premiums:(d) yearly flood
<br /> 1n�urunce premiunt.r, lf nny; (a) Ycnrly trapriguge inaur�nw premiumso if any: end(t� any aums payabl$by Bomower to
<br /> 1.endeY.in nccurdnnce wlth iho proviAinna af patagraph 8,in tieu of the paya�ent of mortgage insurance premiwns. These
<br /> it�m9 aro cnlicd"Nscrow ItcmR:' i.endcr muy,ut any tima,coUect and hold Funda in an amount not to exceed the maximum
<br /> c�nx�unt u Icndcr tiir u Fc�femlly rolntcd monguge loan may require for Bocrower's escrow account under the federat Real
<br /> f3Ktulc Setlloment I'axedums Act af 19T4 c:s anended from dme to dine.l2 U.S.C.§2601 et seg.("RFSPA"),nnless aaother
<br /> Itt��thul uppNey t�s the E§�ndy sc�4 s lesscr�unount. If so,i-.ender may,at any tinae,coUect and hold Funds in aa e►nount not to
<br /> oxceed tho Icxyer umount. I.cnder muy esdmate the urnount of Flinds due on the basis of cw�cent data and reasonable ,h•,
<br /> esUmiucs uP expendiwrex of future P�cmw Items or etherwiso in accordAncs with appllcabte law. ;�;`'-
<br /> ;'.,�.:::..��;. 'fhc FLndy xhull bo hcld In un inRdtudon whosc depo.cits are insured by a federal agency. iastrumentaltty.ar eadty �
<br /> tinaluding Lcnctcr.if Lendcr ia xuch an inxtiwdon)or in a»y Redernl Home Loan Baak. L.ender shall apply�he Funds to pay
<br /> • .,,w.�: .. ;l the�scrow ltemn. l.ender muy not chacge 8ocrower for holdtng and applyie�g the Funda,aanually snalyzing the escrow
<br /> account, ur vedfying thc �scrow Itemx, unless l.cndcr pays Borrower interest on the Funds and applicable law permits
<br /> e, .;'r�• L,ender to muke Kuc h�t charge. Hawevcr. l.cnder muy re�uirc 8onower to pay a oae-tIme charge for an independeat reat
<br /> , ;�:;�;�2;j�';�T catate tux repc�rting hcrvice u~ed by Lender�n conncction wlih this lonn.unless upplicable law provides othenvise. Unless an
<br /> •',t�;;rt:;;.�;,:�; agrcement ix mnde or upplicublc luw requireg intercst to bc paid,l.ender shall not be required to pay Borrower any interest or . .
<br /> enmingx an thc Fl�nds. 8un»wer und l.cnder may agrec in wridng,howevcr,that interest shall be paid on the Punds. Lender '+`•y�
<br /> �f'.;�.:+�'.�.: ��r". � ;.1,�
<br /> .;.ti �_ , �; , shcdl givo ta Bumswer.withuut churge.un unnuul uccoundn� of the Funda.showin�credits and debits to the �nds and the
<br /> *a'� �� purpose for which cuch dcAft tn thc Pundx waa made. T�c Funds une pledged us addidonal securIty for all sums secumd by =j:���
<br /> �y,e,�.:;�?�'.. thoa Sccurity Insuumcni. �'
<br /> z^rN: • •• . if the Fundv held by L.ender cxrced the amount� pennitted to bc held by applicable law. Lender shall account to • ,.
<br /> �;�;� .;`.,,': ' Borrower for the exceyx Fundx in c�ccordunce with the requirements of applicable law. If the amount of the Puads held by ,
<br /> ��,.•, � " I.ender at an time ia nut sufficicnt ta a thc 8scrow Itema when due,I.ender ma so nod Borrower in writIn .and.in !, •�°
<br /> Y P Y Y fY B .,,�,
<br /> .����, . � . • such case Borrawer shull puy to L.cnder the umount necessc�y to muke up the defietency. Borrower shaU make up the f�
<br /> ''t � deficiency in no mure thun twelve monthly puyments,at L.ender's sole discredon. �' �
<br /> '•�r�� • Upon puyment in fuU uf ull bums ncrurcd by thix Saurity Instrument,Lender shall prompdy refuad to Borrower any
<br /> ;;;,;�,,w�;�., .• .,, Funds held by Lcnder. If.undcr purogruph 11. l.cndcr tihall ncquire or sell the Property.Lender,pdor to the acquisidon or
<br /> :.;;�;,;..,.. , . . sale of the Pc�opetty. shull apply any F1mds held by L.ender at the tlme of acqulsition or sale as a credit against the sums
<br /> -��;;�.,:,:..��,;,;:.,,�. secured by this Secudty Insuumcnt.
<br /> '�r t-, r�,,:. . � �• 3. Applicat[on of Poymente. Untcas upplicnble law provtdes otherwise, nll payments received by Lender under
<br /> `"��"".`•;`;�;;;: ara hs 1 and 2 shull be u lied:flmt,ta un prepuyment char es due under the Note;second.�o amounts a able under
<br /> •�.y�, ` P S�P PP Y 8 P Y
<br /> b�`>� parngraph 2;third.to intcrest duc;faurth,ta pdncipnl due:nnd la�t,to any late charges due w►der the Note. �,,
<br /> ��'�`��'.-,• ,��'�,` 4. Chargesi Ltena. Borrowcr shull pay ult taxes,u.gsesemen�5,charges, t"mes aad impositions aaributable to the
<br /> •-vr�����",•••-�:: Property which may nttab pdor[ty nver thia Sccudty Insuument.und Ieasehold pAyments or ground rents.if any. Bomower
<br /> •����•-.:•�-••�•,�:.. shall pay these obligntions in thc munncr provided in pur�gruph 2,or{f not pnid in that manner.Borrowcr shall pay tbem on
<br /> -;;,;_•r,• . ;� time direcdy to tNc per�on oweJ puym�nt. Ilomow�r shal l promptly furnish to Lcnder nll not�ces of amounts to be paid under
<br /> ;j,;J-r';_' . . � this parngrnph. If Borrower makes there payments dimctly. Borrower shall promptly fumiah to Lender receipts evidencIn�
<br /> :;�:-, ° the paymenta.
<br /> ;��'• - � Borrowcr shall prompdy dischurge uny Ilcn which hu+priority over this Security Instrument unless Borrower.(a)agrees
<br /> �a�: ., �• . � in wrldng to thc paymcnt of the obli�utInn sccumd by thc Ilen in u munner urceptnbte to L.ender;(b)contests in good faith the
<br /> :�;.- lien by.or defends ugninat enforcemcnt of the lien in,legul prnceedings which in the I.ender's opinion operate to prevent the
<br /> enforcement of the lien:or(c)�ecums from thc haldcr ot'ihc licn an usreement satisfactory to Lender subordinating the lien
<br /> '`��� to this Secwity Instrument. If Lender determfnr.x th►it uny pu�t uf the Property is subject to a lien which may attain priority
<br /> ''��� overthts Securiry Insaument.I.�nder muy give Burmwer nnotice identifying the lien. Borrower shall satisfy the lten or take
<br /> one or more of the nctionx net forth above within 1(1 doyR af the giving af notice.
<br /> �,. .,� ' S. Hezard or Pe»perty Insuronce. ��rn►wcr shall keep the improvemcnts now existing or hereafler erected on the
<br /> • „ Property Insuned aguinst losa by firc,hiuurda includcd withln thc tcm�"cxtended coverage"ond nay other hezards.including
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<br /> floods or flooding,for which Lendcr rcyuirca insurunc�. TI�Iw insucunce xhall be mnintained in the amounts and for the
<br /> � Ebtm 3028 9/'90 (poRe 2 oJ6 poget)
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