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<br /> ,�... - ' _ 'I'HIS SECUI�TY INSTRUMENT comb9nts urtifotm wvenanta for nadonal usa and aoa-uaifotm covenaats with HmiteB .�; s _--.
<br /> ---- varia�ons by iu:is�ctlba co coas�wte e udform security iasa u�eut cav�ing seai propeay. . _-
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<br /> � IJNIFORM COYENAN'i'�.. Bortowa sad Lendee caveusmt Fmd agree es foIlotiva: . ' �� ��;;, ,—
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<br /> _ . �.Payei�t of Prtadp�al aad IntEtrs3i Prep�]nu�t �IId I.ate �hug�s. Borrower shaU promP�9 PaY avhm due the �,�,y'-�^>_ _
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<br /> , � _ _ prindpal of aad iatecest oa the deDt evidmced bp tho Niou snd aay prepayraeat aad fata eharge�due�uda the Note. �`�� i
<br /> � 2.Fimds fa�Taatg aud I�Aex.Subjeat to sppl�cable laar or w a wstttea waiver by I.�der.Basrowtr sf�all pay W F -
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<br /> � , • Lxtcda oa the day mouthly paymmts are due�iader the Nou.until the Nota is paid ia�tl�U.a sum(Fuads7 for.(a)yearly _�� ��`"��
<br /> _ . • • ta:e�aad assasmmts wluch may avait�prtortty over this Seauiry iaswn�aa a lim on the Properry;(b)Yearly lessehald v-_------
<br /> � • paymeats or g�ound renta oa the Ftopeety.It anp: (c) Year1Y Ga�ard or propeety�*+�+,�an� p��: (d)YaarlY:fiood �,?�----��:
<br /> '.._ _ _ ins�canee premiwms, it anY (e)9ear1Y ffio:egage iasuraace premiums.if anp; aad(� any emns payabla 6y Boaower to ��
<br /> . . � � Lersdsr.lu acoordaace with tha provlsFons of p�agaph 8.in liw of thc paymeat of mortgage u�ancz premiums.'[hae ��:;:_�-----
<br /> , . � ita0s are call�d'Escrow Items."l.ende�r msy.at aay time.coltect aud flo2d Funds in an azno�t not to ea�eed the maaimum —_---
<br /> amouat a Iendes for a federally related mortgage loaa may require for Borroover's acrow account uuder the federal Real __—_
<br /> ' • ' Fstau Settiemenc Peoadures�d.of 1974 as ameuded&am time to tFme,121J.S.G Sectioa 2601 ct seq.�RESPA'�.uaIess �_�-
<br /> : " � ' auother law thai applles w the Fuads sets a lesses amount If so, Lender may.aa any time,co1Ie�sud hold Faads ia aa �;--
<br /> . �� mnouat not w eueed the tesser amount l.eudes may eat�mat�ttce amouat of Funds due on the basis of cusmt dafa aad ----_
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<br /> .__....------.�_..... .. .. . .. . . reasoaablee.atimatesofe,xpendttur�softi�uue�scrow.Items-or.otheradse}na�ordance�itt►appIIt�hlala:�,.....-----.---..._ --.----..-- - �_
<br /> .a . . � ..� '� The Funds shall 6e heId in an in�dtufloa vuhose deposits are ir�sured by a federal ageacg,iastrummtality,or entitq(taclu ���
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<br /> Lend�.if l,ender is such aa iastitutioa)or in any Federal Home Loaa Haak.Leader shatl apply tiie Funda w pap tise Esctow _-
<br /> � �. Items. Leades may aot cha:ge Borrowa fos holdiag and ap�fying the Funds,aaauatly analyzing the escrow aceount,or ��__
<br />. . � ` ; , verifying thc Es�xow Items.unless L.eader yays Borrocver intere�t on tfee Fimds aaQ applicable law per�tits Lendes to matce `,���:-
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<br /> -.- - - - suc-6 a charga�Hawever;L�der may require Bonowes to pay a one-dme c6atge for aa indepeadr�t real estau taa repordng ".�_' - -
<br /> . �. . . � service used hy Leader ia conneatioa wiW WIs 1oaa.usiless appiica63e taw provIdes otherwise.Un2ess an agremsent is a�ade or ��'
<br /> � � applim6Ie{aw requires interest to be paid,Lender shall aot 6e requited to pay Borra�zer aay interest os earniugs on the Fuads. :y -�
<br /> . -. . . Bostowet aad Lender may agree ia wriang.hovrever.that 3aterest s�alt be pa3d oa the Funds.l.eudcr sLa11 give to Borrower._ , f; �
<br /> - �� ---� without charge.aa anaual acconating of the Fua d s,s howiag cc e d i r s aa d d e b i b to the Fuads and the p u r pose fos which eash ��.°
<br /> - ' , debit W the Furtds was mad�The Funds are pledged as addidonal security for all sums secured hy th1s SecurIty Iastn�meao ,�
<br /> � ' ` � If the Funds held by Lender eaceed the amouata peani4ted to be he2d by appiieable Ww,Lender shall account to Borrower for �� `' , .
<br /> �. ; •' the esce.ss Fuuds in eccordaase witi�the reqnlrements of applicable law If We amount of the Funds held by Lender�t aay �-��
<br /> � �� tlme�S noi suffid�t to pay the Eacrow Items whea dae,l.eader may so norit3�Bosrower ia writing,and.ia sa�h case Boaower -
<br /> . _ .. - . , -�-- shaU pay w Lescder the amouat neceasarp tafnake up the deSciencp.Borrower shall make up ihe defcieary ia ao enore than _r;: . . �
<br /> . . ° , � twelve monthly papsnents.at Leader'e sole discretiori. . f .
<br /> . , ' � ' Ugoa payment In fiill of all sums secvred by Ws Security Instrumen�Leuder shatl prmmptly refund w Hoao9vu aap Funds ''�
<br /> � hetd by Lender.If.under paragapA Zl.l.euder shaU acqufiee or seIl We Property.Leader.prior w the aoqufsition or sale of _
<br /> , r- � ihe Property.sha11 apply aay Fuads held by Lender at the time of acquisittoa or sale as a csedit agaiast the sums secuced by �t_�-=
<br />. . ihis Security Instrument %°•i�
<br /> . � . . 3.App[iRtI�1 of Payment�.Uuless appt�cable Iaw provides otherRis�ail papmentv received by Leader uader patageaphs 1 : ,.; �� '�-
<br /> . „ and Z shaU be applled:8rs�w any prepaymem charges due undes tha Note;secoad to amouats payable uader paragaph 2; .
<br />= � .�� third.to intmst du�fourth,m prlacipal due:and las�to aay late charges due under the Note. .�'v .
<br /> • � �� - • 4. T3ens. Bonoaver shall pay all t�es.assessments, c6arges.,IIaes aad lmgosiHons auributabie co the�opertp � �s";"�•��-
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<br /> � . which may aualn p�£ority over tt�1s Se�sity Instrument,aad leasehold payments os ground rants.if aay.Borrower shall pay .�.
<br />` ' . . Wese obligaitoas in the manner proviad in parag�aph Z,oa iP aot paid iu that man:s�r.Borruater sha11 pap tliem on tlme � ���:-'
<br /> '4 dlrectl to the erson owed a enL Bosrower shall wm fl furnlsh to Lender ail nottces of amounts to be paid under this • °
<br /> Y P P Ym P D Y . ,;�'�.• � �� _,;;-
<br /> . : . �asagraph. If Borrower raakes these paymenb dira�3y.Borrower shall promptly fumish to Lender receIpts evidencing the :��
<br /> . �_ . . ' _. pa}rtnents. --. �`' . • ' :
<br /> °" " : . . �: .,. Barroaet shall prompdy�scharge amg�en aluch h2s priorIty over th�s Security Ins�ttnent isntess Borrower.(a)agrces in :
<br /> j ' ' . � wridng to the payment of the o6llga�lea�ewred by the Gen in a maarcec acceptab2e to Lender;(b)cnntests in good faitb the llen . _'t'
<br /> � ' by.or defends against eaforcement of the Ilen ia.Iegal pro�e�is�gs whIch in the Lender's o�a opetate to prevent the �;;.
<br /> �� +. ' . . enforcanent of the lien:os(c)secures from the holder of the lien an agreement eadsfactory to I.esrder subordinating the(3en to .
<br /> � tlds SeauIty Instrument If Lender determiaes that aay part of the Properry is anb;ect to a lIen v�ich may auaia pri�rity over � `.
<br /> . �� . : this Securlry lastruinen�Leader may give Borrower a notice ideatifying the Uea.Borrower ahaD sa8sfq the lien or take one or � : t
<br />_ ��,. • • • �
<br /> more of We action�set forth above aiWiu 10 days of the glving of ca�ce. �
<br /> ' � , 5.H�2at�1 oe Property IOSUrzaoe.Barrower ahall keep the improc-ements now ealsdng or hereafter erected on the Properry •
<br /> ; ' iasured against Ioss by tire,hazards ineluded within ttce term'eateuded oovesage'and any other haTards.inclading Roods or • ,
<br /> � ' � , . IIooding.for which Lendet requires insurance.7gils lasurance shaU be maintained in the amounts and for the periods that �
<br /> . t . -• . . . I.enEer requ3res.Th�insurance carrler provId.ing the inswance shall be chosen by Bortoww subJect to Lettder's approval _
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<br /> - � � Str��Famlty FHIWFHLLtC UHIFORY IN9Ti1UYENT i�AY� �/9D(Dag�4 ot 8 Vagss) •
<br /> ' ' • N��� EC899L Rev.ova9/9t ( ,
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