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<br /> � � . .. .;��'� �.��� � - ----
<br /> ,i� �, � i :7-,. . .• and all e�sements,appurtenaaces.aad
<br />-_ _ '`� ��:. TpGfi�iER�IPTH all the impmveateats now or henaRer erected oa tine gmpertY, e� _
<br /> - .�'•:ix;�; s. pll Ia�ments and additio�s shari also be wver�d by this Security
<br /> �•:L�::�?r�f • fixtures nnw or hereaRer a part of the propertY• reP
<br /> =`:�.�-,��:-,rs;='''�`"-. � aR Insuu�ent as the"PcoPertg�°
<br />:-,�:, :; -� �: Instrument.All of the foregoing is referre�ta in this Se�.tY . ---
<br /> . •' '�" • HOIiRO�VER�COVENANTS that Burrower is!aw€ully seised of the est�e hereby comeyed and has tYz.e right to�mt and
<br /> l, .�` ` ,�. � .. �s uttgncambered.exc�pt for encumbrauc.es of rerArd. Bonower wanunts and wilt ,
<br /> . .� .- .. ao�nrey i�e Propertl+and that the PraPertY nst ai!claims and dsmna�,snUllect W any ensa�mtnances of reoord. . _-- -
<br /> ` � .`.� defend generally the titte to the ProPertY agai �
<br /> -,,_ _.�_ .
<br /> , 'T ,<; ' TtIIS SECiJRTfYTNSTRt7MEPIT combines uniform caveaants far�ational use and aon unifosm ca�enants rmh tian
<br /> �„t�;� - �overing rea!�roPenY•.
<br /> :, ,. � variadons[ry jurisdicrion ta consdtnte a aniform security�� �as follows- . . � .
<br /> v'-•.'�• � ` ' UNffQRMCO�IIENANTS.Borrowerand�ndercovenansanda Borrawer sha11`Pmmg"Sy pay when du� the . . _
<br /> �:_`. � � and Interes� Prg4ayment a�d Late C�arges.
<br /> '�t-:;�.�:�:=��-;;� l. Paymeat of PeinrsDal t aad late c'aarges dus emder t�e Note. . .
<br /> � ;�' principal.of and'urterest oa the debt evideac�by the Note and auy prepaymen . _
<br /> ' ..'. L.. . .
<br /> 2.Famdg for Tases aud Insuranoe.Snbject to applicxhle law or to a writt$n waiver by Lender,B�rrower s�a11,��:a to
<br /> ��'+ � �,�:4� Lender an the day mantIilY�aYments are due under the Note,until t�e Note is paid in 4'iill.a sum("Farsls"}for:(a?Y�tY��
<br /> � , �r�. � Ieasehotd paqa�.nts .
<br /> _ ; r..���,.;K_i� ���ne°ts w1uc6 may attain priority over tlris Security Insuument�s a lien on the Property; (5)�ood insura�tce premiuin�.
<br /> � . �' or gronnd reats on the Progerty,if anY;(�)Y�Y h�or prOP�Y���P�nms:( l y�Y
<br /> - Q. •-, and rf}anJ► sams PaY�te by Barrmxer'to Lender.in acco'cdance with
<br /> �'�.����.' ..,t::-_" e if any; (e}YeariY mortgage insurance preiniums,If az►Y; •
<br />_',' -"�`�`-;:� ; the pmvisions af paragrapi�8,in lieu of the payment of mortguge iusuranc�Pre��s.These items are called"Fscraw Items_"
<br /> • - :, t':. : Lender may:at any time, wftecc and hold F�ds in an amannt not[o exceed the maximu�n ar,�onnt a lenQer for a#ederalty `
<br /> fo:Barrow�'s escrativ aoconne upder E6e federal Real Fstate Se�lemem Procedur�s Act of
<br /> _, . �;:.�� • related usartgage Ioan ataY req� kes to tbe Fonds .
<br /> ." �i,yas. � 1974��mended from rime to.dm�. 12 U.S.C.3�ction 2(!3�et seq.("RESPA"),aml�s another law thai a�p� .
<br /> __::�.�,�.:__,:._ time,caHect..z-+ hold Fuads in an amn::nt not to exce�the lesser amuim�. ,
<br /> - . ;:.:;,..• ,._�• ' . sets.a L�ser amowat.If so. iJender may, at aaY
<br /> . Len�er may esamate ttie amoum of Fands dne an tke basis af currem data and reasambi�estimates of expenditanes of future .
<br /> '?. _ . Escraw Items or otherwise in accordanoe with�iirable law. e�c �entality, or entity
<br /> ` � '` ` The Funds shaU be held 'in an insatutie�'whose deposiu are insund bY a federal � Y• . �F�to a� the
<br /> -__-_ - _�-- . , (incl�3ing Lender.if Lender is sic6 an institution)or in any�'-�.ral Home Loan Bank.Lender sha11�-�'the essrovr,accouni,or
<br /> . . ' � Fscro;�i Items.i.eader may nat c�e Borrower for holdiag 4:.d apPiyinS the Funds,a�1Y�Y�� .
<br /> '� .? . verifying the Escrow Items.uniess Lender pays Borrowet interest on the Funds ind a.pg':`.:�te law perterits Leader to av�ke sacb .r�_
<br /> • � • a charge.However,Lender criay require�orrower to pay a one�rime charge Ear aa�sdeaendent seal es'.:..''0•tau�Pa�S.s�� �
<br /> : , . � DSP.d by I.C(IQCT IA COffiECt[OD W1i11 tIUS Io2Il. unless appiicable !aw protizd Bo roewer ae interest or eamiags an�.e F�ds.: �
<br /> � ' ;,'�, ; applicable tacv roquires interest to be paid,I�nder shall not i�.,aequired to pay 'IY �
<br /> ;�. ,, • Borrower and Lender may agree in writing,however,that interest shall be paid on the F:�ds. i.ender shall gi f I S���s� -
<br /> � � without cfiarge.an annual accounw�g of the Funds. showing credits and debits to the Funds and the purpo
<br /> ` � � debit to the Funds was made.The Funds are pledged as additional security for all surns secured by this Securiry Instrument. • �-`.-
<br /> � � If the Funds held by I.ender excee�the amounts permicted to be h�d by appSicable law.Lendes shall aceoont fa Borrowet ��:�
<br /> ` � far the excess Funds in accordance witfi tlie requirements of applicablerlaw.If the amount of Ute Funds i�eld by Lender at ar�� _ �_
<br /> � �,;, •�„ � time is not sufficient to pay the Escrow Items when due,Lender may so notify Borrower in writing,and:in such case$orsawer ��
<br />='_r:_,::,�,-,:�;:� • shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in ho more than '
<br />_ �,. .� : ,, � twelve monthly payments.at Lender"s soie discretion.
<br /> = -.�:�•�n� • Upon payment in fWl of all sums secured by this Security Instrument. Lender shall promptly refund to Borrower any —
<br />-;;.�=,- ':•*;��'• Funds hetd by l.ender.If.nnder paragraph 2l.Lender sha(1 acquire or scll the Property.Lender.prior tv the acqui"siuon or sale _
<br />_-V`''x`y='�`�M�::,;: of the Property.sha1�aPP�Y anY Funds held by l.ender at the dme of acquisition or sale as a credit against the sums secured by
<br /> ��� �3�.
<br /> ys..�..•_
<br /> � ��:� r: <,.. this Security Instniment. �
<br /> . ,;��� 3.Applicatton of Pa3mtents•Untess applicable law provides atherwise.all payments received by Lender under parag h i. �
<br /> � • �� i and 2 shall be applied: first.to any prepayment charges due under the Note:secand,to amounts payable under paragrap
<br /> �_��__
<br /> � ' " third.to interest due:fourth,to principal d:re:and last,to any late charges due under the Note. �
<br /> - � 4.Cha�es.LEens• Borrower shall pay all taxes.assessments,charges. fines and impositions attributable to the Properiy ��"_���-
<br /> � 'R`�".t -
<br /> • which may attain prioriry over this Secority lnstcument. and leasehold payments or�round rents.if any. Eotrower shall pay ` _ _
<br /> ' _ ' : . these obligations in the manner provided in paragrapfi 2.or if not paid in that manner.Bonower shall pay them on time directly , « ��;'_, '�_
<br /> . : to the person owed payment.Borrower shall promptly fumish to Lender all notices of amounts to be paid under this paragraph• �.. y1���' �
<br /> " • if Borrower makes these payments directly.Borrower sha►1 promptly fumish to Lender receipts evidencing the payments. ��. , . ..
<br /> ':�_3 �� � _ � • Bonower shall promptly discharge any lien which has prioriry over this Securiry Instrument unless Borrower:(a)agrees in y : ,
<br /> •• �.. , �
<br />:-_• writing to the payment of the abligation secured by the lien in a manner acceptable to Lender:(b1 contests in good faith the lien _
<br /> 4 �,;.; .� , •: ,.
<br /> _ �= _;•, • by, or defends against enforcement of the lien in. legal proceedings which in the Lender's opinion operate to prevent the •
<br />- . ".� " ' �1 eaforcement of the lien: or(c)secures�com the holder of the lien an agrexment satisfactory to LendP.r subordinating the lien to
<br />--- -`•���.. � � � this Securiry Inswment. If Leader deteTmines that any part uf the Property is subject to a lien which may attain priority over
<br />--�>'�.` �' '�"� '- this Security instrument.l.ender may give�3orrower a notice identifying the lien. Borra:�er shall satisf}r the iien or take one or
<br />-� �`"`'� ' � ' more of the actions set forth above within l0 days of the giving of notice. • .
<br /> } t � � . . Form 3028 9I90' ,
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