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<br /> � �� �Ofib"f'HER��11 th�improvenae�s aow as heraff�r er�ct�d nn t���y,�ail���,��.li"�",�"�n`,�-^� .------
<br />--`��-=�� �i�w�e� BOlS�.QP I7�fC�iCT 3 �i'� 6�i� p?(2TILRY. �_�Pi.��� ar:t! ��itiaus �}i r:iso t� c.�v�i,.� rh{3 ir ..� �_
<br /> :rs�th�'Fra�e ' f ..�. - � �
<br />_�- --y=v—= �satament.AU of tPte iaaegoing is mfei�,d to in this Sscnt�ty Iisst�um.ea � • � ` . ` —
<br /> �,�.•�� , �OZKC?t'JER C�il�Ait�'�S thaf gorrorier is la+�rf�,Uy sE�ssd af the�.si�ue�ereE4y aa�ey�a�fs�s`t�:nght.sa g�api�tsd � :�
<br /> ' c�mcy t�e Faop�2y.�th.�t the Pro�aty is.s�aca�Se�ed.exmegt faz encumbsarsct's of t�ar�.BBZroQ;�r wa.*►am,.a���iil � , �4 v_
<br /> -____- �=�; �zfea�g�neraliy tFt�tidz to the PmgertY against alt.claims�nd dema�td�.s4b;�ecf to asiy encum"�racca�s af r�car�: , .
<br /> _=______�' '�iS SECU�AV5?RU3NEI�T�ambiae�unffa:m oaven�for$a�onal asa an3 a�n-unifora��varsa�s wit�.�tmitex�.. <4 . <
<br /> � t`���' � variasioms by jurisdicqio�m canstimte a uitifarm scc,urzty iLSt�mea�t r��r '�P rsai pr6FeriY. ; ' . . . . ` . . _ , ,
<br /> y��Og�CQV�iAiri'1S.Borrower and�eadzs cavenant�a�ee as foilours: a ��� ���, �
<br /> `�`��� -�f 1. gayffieuL oS�inc�pat� H�sii�: ���3��� r�ad Yai4e�es.Borra�ei sh�t pr+omp�Y P"3+ , � t —
<br /> : .�;� -� � � •<
<br /> .��� :�. principa�of and int�r+�t on ti�e�t euid�c�d tsy tt��l�7os�r.�an3f�aYffi''-�►����dge wn�er the Ivnie.:__,�' _. .
<br /> ��. �. ���or T'�aad In.�vranca Subje�x to applica4�le Igw or to.a v�tten cvaiver by l.eff:ler, HarramTer sfiaTt�rp3y t� -
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<br /> L�"�;'�� Lecdgt on ti�day montE�ly pay�-�tts ar�dus tm�.'er the Nut�.anrit ttte P1ote is paid'si►f�;a s�un( Funds }far:�a�ytrrl}��tuxcs •
<br /> -_�..���=^�',�; aad assessmenrs which may atiain piiorityr over tbis Se�curity Ir�stmment as a lien or�the Fro�crtyt f5}yearfly iPasti�old payms�!ts
<br /> ��� or grouad rents nn the Property.if aay.(c)Y�9 h�d or progertY ins¢zanc8 Frzm�umts:(dD Y�Y fIood lnsura�o6p�i�tm?,, .
<br /> ...._.��' 3f any;(C)Ye3rtY mortb'Q8e inrnrane�pfCmiums.if a�Uy: and(f!anY�sum�Payabte 6y�orrower N Lender.in a�ord�a..x�it�
<br />-_==-'�9�-=' Ure provisions of paiagraph 8,in lieu of the payment af mo�e insurance pzemtums.'Chese it�ns are called°�semw Ift�ns.°� .
<br />�_=�����_. Lender may., at any time,cullect and hold Funds iI�ajt amount IIot to exc�d th8 mni�im�rm amflunt S i�'�'al� fEdetritly
<br /> tim
<br /> '.°�°�'���, relat�d mortgage Ioan may require for Bofraarer's esciaw ac�unt under the federa!Rea1 Fstats 5ettlemea�t Froc�ues Act of .
<br /> �.�<��a ' 19T4 as amended from time t�time. 12 U.5.C.Seation 2601 ei seq.(."R.�PA°).vrdess anoth�r tavr�tuat a�pti�tn tL�Furs��:�
<br /> -'=.`-a��'� . sets a fesser amou�.If so.,LeAder may,at any tim°,collect aad hald Fuads in 2a am�unt not to exceed t6c'Ies�er ausc�ut4t: .
<br /> �'�'�� Lender rnay estimate the ar,nount of Funds due on the b�sis of currer►t data and rea,sanabte estimates of expe�tu.'cs of fuwre• •
<br /> ��fb � "•..�.e. �
<br /> Escraw Items ar otheravise ii�axordance w�•apPlicable taw. ,:
<br /> ` '� � The Fands shall 6e held in an iasf��ta�n puhose deposits are ims�ired by a fe,d�a! ag�tt?',,ins4n'"'�"g�'ty. ox.�t9 � .
<br /> V a�fKi:Y,� f f-:• . - � .
<br /> _-.o:r�..„�: .___:�, (inctuding I.ender>if tawder is such ag insf:'��ion).or in a�}+Fedecal Home i.o�Bar�:�der s�ha3s appiy the Ftinds P�s pay t�e ,-
<br />-=_�a;_ }, � fiscrow Irems.Lender may r��arge Boaawer for ho�s�and applying the FuncL�.r�n.��u:3�y�atyting�e e�?=vracea�sat..ar
<br /> 1 ��� _:'' veri�lcr;g.the Esraw Items:i�s�s L�ender pays Earrower inrenest on the FundS and�le law permits 1.��ii`'-o r�k�such
<br /> =`"t"r� , a chasge:��?.�.�4d��9�luire Borrower to pay a aue-time charge for aa ircdependent�aI cstate sa�r.�#�ati�ig sesvic�. `
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<br />,`�` : used by I;�,-�i-•,�.c�o�e�',oir with this loan. untess appficable 1aw prmvides othernrise. Unless an agre��i is ma��':4x'.s:
<br /> �..,,.,�.... ,
<br /> -��"���.".`�'�:..—".:- appiicable lativ�eqirires'i�.-�,to be paid..Lender shall not be rec{nixed to pay Barrdv�er any interest or eamin�;ria tlte P�ir�cs;;:�
<br /> ' '�'�;'�'�;:' � Borrower and Lehder map ��'ee in writing,however.that interest shafl be pafd on the Funds.I.ender sl�ali g���:r.�BorcoWar,,
<br /> - � wit'�out charge,an an�ual accounting af the Funds, showin�credits and debits to ttte Funds and the purpase tar which each �
<br /> �, .�";��, .i � debit to the F�was made.�Tl�e Funds are ptedged as additional security for all sums secured by this Security�ment.
<br /> �,..,...:
<br /> :•-�.-'` ff sha Fund'.s held by Lender exceed the amounts pemtitted to 6e held by applicable taw,Lender shall accuunt ta A��`� _
<br /> '�°' ' for tlte excess Funds in accordance with the requiremenu of upplicab2e law. If the amoont of the Funds held hy Lencle=ai'any
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<br /> ter�is not sufficient to pa�.'�e�?scrow Items when due.Lender may so notify Borrotiver in writing.�d,in su�3 sase oaower �_
<br />``�i'..�=��''��;:. j ;, s'-�� pay to I.endzr the arsisa..--� necessary.to make up tct�t deficiency. Bormwer s�s!!make up ohe deficiency.e���no more than „�
<br /> r,_r.�:ti,: :. ' tvretve nionthly paymenis,�i E.ender's sole discretion. . �
<br />;-r>���!---�`, [;pon payment in full of all sums secured by this Security Instrument, I.ender shall promptly refund to Bocrower any _�
<br /> ` ''�' y �_ fi 21.Lender shall a uire or sell the Property.Lender.prior t�the acquisirion or "�*lra �.��
<br /> � • �urtds hetd b Lender. If,u..�'er paragap «1 =- :
<br /> ";J"�'�7f�`�;;'.,_ . of the Property.shall applq�-ry Funds held by Lender at the time of acquisition or sale as a credit against the snms secured by �`'''r
<br />.�_:-'���' „ this Security Instrument.
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<br /> __=�-�:�-�,,,_�2 " 3.Appltcation o�Poyments.lTnless applicable law pmvides otherw�se,all payments received by l..ender under paragr�phs.
<br />"`?"•"'=-`" :. . 1 and 2 shalt 6e applied:ftst, to any prepayment charges due under the Note:second.ta amounts payable undes paragraph Z: _
<br /> �."`��` . ' —
<br /> ,��;�,. ;_ .. . third,to interest due:fourth,to prihcipal due:and last.to any late ciiarges due underti�e Note. �-=—
<br /> ' ;..: 4.Cha�es;Llens•Borrower shap pay all taxes.assessments.charges,fines and imposiuons amibutabie to the Property � _
<br /> .__,�,`�>,r;;_ .� which may nttain pr�oriry aver this Security Instrument,and leasehold payments er grounA rents, if any. Hc�:sower shall pay � ,��
<br /> � -., these obligations in the manner ptovided in paragraph 2.or if nat pai d in t hat manner.Borrower shall p a y ihe��ei►timc directly � �-
<br /> s .;.'.: .� .. to thc persan owed payment.Borrower shall promptly fumish to t,en der a i l notices o f amounts to be paid under t6is paragraph. �,��.�__
<br /> � If Borrower ma.kes these payments direcdy.Borrawer shall promptly furnish to Lender receipu evidenring the paymer�ts. �r�,�,�,
<br /> . Borrowcr��5�.'�all promptly discharge any lien which has priarity aver this Security Instrument unless Borrower:(a)agtees in �t
<br /> �, �'� ,�.':��:��-:
<br /> " '� �riting to ths payment of the obllgation secured by the lien in n manner acceptabT•P to Lcnder.(b)cantests in gaad faith the lien � ,,, •
<br /> _� ' ��+, os defends agai;�st enforcement af the lien in. lega! proceedings which•i. �iia Lend�r's o inion er.�1:e fo revent the • ��
<br /> P �A P ::,�,�'�`:
<br /> � ��•;'-:. enforcement a�the lien:or(c)secvres from the(�otdcr of the lien an agreement satisfactory to Lender subordinating the Uen td ' • :- .
<br /> ,. ,,:...,,. .
<br /> _ ' �`Y'"` th'ss Security Instrumem, If Lender determines that any pare of the Property 9s subject to a lien which may attain priarity over � _
<br />_ . ,�:. .
<br /> _ �`_.._, :,:...,,.
<br /> "��:':� cltis Security Instrument,Lender may�ive Sorrower a notice identifying the lien. Borrower shall satisfy th;,lien or take one or ,
<br /> .'`•�: ; : , . .
<br /> _,'.=-�'�.,;�'� •� c�.ote of ths acGons set forth atrove within 10 days of the giving of notice.
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<br />'_„,::;��,,� Form 3028 9I80
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