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<br /> �.-...�'i"';�,�`�" 't�STHBit WITH all tho 4mproveiner►ts no+v or hereafter croctcd on lha pmpcs'ry.end a11 cusunents�appurbaw�cca�nrsc7
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<br /> '°�'_'•.._�h;��,'' Cu�tures now or f�ueARee a pact o�tha{ttoperty.All repincemcmts nnd a�d�7i�ons shall elsa bo covued by this Stcwiry instrumtnt. �_ _
<br /> � -._�� !UI of tho foregt�Ing�S nfarod to in thia Saautity Instrument es tha°Pmpaty:'
<br />_.__"1Y-yr=+SAT�.,��;Tt'.�R
<br /> _- .,...�_� ..�s�� IIOY2ROWEIt COVENAIV'CS t�.at Harrower is lawfully stlscd of ti�o estate haeby conveyed and ha�tho dght to p,�ant and
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<br /> ---..��:_ convey the Ptopaty and ttuit Ilx Pr�anerry ls unencwnbered,aacepl tM encumbrences of ro��.Barrower wari��i��+�d�vill
<br /> .-_;;*:�'�:.;: dcfend guux�lly tl►e dlk W the Propu'ty egainst ail claims a�d drmands.subject w any encumbrataas of recnrd. __
<br /> -_'._���� �� TEIIS SECiJRi'I'Y INSTRUMBMf combfncs uniform covcnants fa n�ilonal uses and non•unifoeTn covcnant9 wlth limitsd
<br /> M M E�'`=.�
<br /> ��;�'�'°'�°T,r�, �� variaaans by JurLsdEctlon eo cansdwus a unifocro sec�Iry inswmentcovuing real proper�y. ____
<br /> '`�TM�' � • � U�VIPORM COVHNANfS.Ho�towee and Lcnder covr,naat end a�a as foUows: ��"'�
<br /> _ _ .: ,..�, 1.�aymenE ot Principal Rnd Interestt Prep�yment�nd Late Chaurges. }3orrowu shall promg►]Y PeY when ds�e the �:=.r.
<br /> rinc� of and intcnest on the debt evidence�b the Note�nd any�repayment end late cherges dut undcr thc ATote. ��.::._°=-
<br /> �s�a.�::`.';, P P� en Y --_.
<br /> ` ` "`...,:� 2.P�unds tar Taxes�nd Iasarance. Sublcct to appllcabia law or to e written wsivu by L.end�r.Aorrower s1�ai1 pay co "
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<br /> '"" '�"`��'� � � I.cnder on the day monthly payments are due und�er the Notc,until the Nefe is p�td in full,a sum("Funds")for.(n)yearly taxes ,_�
<br />%��:��, ,''�'.'``,-., • and asscssmcnts which may attain priodty avet this Sccuriry InsoNmenta.a licrn oa Ute Pcoperty; (b)Yearly leaset�old payments �..+
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<br /> °�� � ��;�r. ' or gmun d�ents on t he A ro p e�t y,i f ec►Yt(c)Y e a r ly h a z a r d o t p r o�i y i n s u r a r t r,��c c n t i�t n s;E d)Y e a r l y fl o o d l n s u r a R C O�x e miums,bf _--
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<br />.. ���5���.-rt.fYj� Q e�►y:(a)Y�IY m�BeBG Insurence prcmiums.if any�aud(�aray surns payt��.e by Eora��er W Letida�in sccordar�ce with the ---
<br /> - � � probislons of psrag�nph 8,ia Ueu of the paymcnt of mortgage insuranoe prexniu�►s.'Y'�es: items arc callal "Esarow Items" �"
<br />-� ""' ` ' '�'� Leada may.ot any time.coAect and hold Funds in an aatount noE tn excee�t�e maxir�uca�ount a lenda for a federelly relstod
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<br /> :� � „ moctgegc lonn may requirc for Borrower a escc+ow account under the ft�al Real Es�t�SettlementPmcedures Ast of 1974 a9 f�-.�
<br />��,t Y : .•'i_ amended fron�time to tfine,12 U.S.C.Sectton 2bA1 et scq. ("TtGSPA"),unl�s�otf:c„•t.u:�thst egpUes to the Funsl���!s a lesser
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<br />-. . '`'.�� amount If sa.I�nder may. at any time� collect and hold Funds in an amount not dr oxcced the lesser emoun� L¢nda may - ,
<br /> � � •. esticaarc tha amornt of Funds due on d►e basi.s of current datn and rrzsmnabie estimates of eapendthucs of fuhue Bscrow Items or �
<br /> � otlxlwise in accordance with applicable law. �.�
<br />_ ' ... .`�- �. T h e F u s:�s�.b 3!!b e h e l d 1 t e n��„n l N O n w h or e d e p o s{t s a re i n c u re d U y a f e d�a l a g e n c y.i n s t n z m e a t a l i h+.or enhi ty(inclu d i a g F`
<br /> � i,et�dei,If Lcai�er is such an instiwdon}or in aa Fede�til Hcome L.oaa Bank.Lcader shull a ply the Funds to pay the Bscrow ��
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<br />- � Items.I.,ender racay not charge Borrower for holding and applying the Funds,nnnually analyzing the esc�oe�aocount,or verifying t.�,
<br />�� �� ' ' tha Bscrow Itur�s,unless I.endr�pays Borrowez i�terest on the Funds and applicable law permits I.eader to malce s�ch a charge. Y
<br /> ` � Hnwever;Irnder mny mquire Borrower to pa��a one•time charAe for en inQependent real esrat,^, tax reporting se�vice used by
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<br /> � :�: Lende,r in conaecdon with this loun, �n1a�Applicable law provides ot6ercvLse.Unless an agru,rtient is made or applkabla!aw :-
<br /> � roquires Interest to be paid,Lene]�r st�n11 not be mquired to pay Bolrawe� any interest or eamings on the Funds.Bocrower and E�
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<br /> . Lender may agrcecs in writiag,however,thet interest shall be paid on the Funds.Lender st�all give to Borrawer,without charge.an �:-W�-:
<br /> - . • an�ual acAOUnting of tha Funds,showing crezlits end debit5 to the Funds ar►d the puipose for whic,h ca�h debit w!h�Funds was "•�'==--
<br /> � made.'lhe Funds ar�e plaiged as additional stxurity for ell sums secureQ by this Security Inst�umen� _
<br /> • ff the Fun�s held by Lender eacceed the emounts pe�mitted w be held by applieable law,Lender shall account to Boaower for -R�
<br /> . ., �''., ..� . ;. the eacecss Fur�ds in eccordance with the requirements of ap�li�able law.If We amount of the Funds held by Lender at any dme is ^�`
<br /> � � not sutl'�cicnt w pay the Escraw Items when due,I.ender say cn morify Borrower Lh writ+ng,und,in such case Bonower shell pay �'
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<br /> -� w Lender the amount necessacy w m�lce up the deficiency. Borrower strall make up die deficiency in no more than twelve
<br /> . ...c montWY paYmer�u,at Lender's sole disceetion. `{t
<br /> �...�1�.�...�Y. �
<br /> ��'' Upon paym�ctu in full of all sums socured by this Security Iaswmcnt,�.ender shall prompUy refund tv Borcower any�unds
<br /> -""•�-;-�-� •. �± held by Lenckr.If.undrr pur�graph 21.Lender shall acquire or sell the P'r+operty,Le�der,paior to the acquisidon or s�ile of the ,,
<br /> -"�� """''` " �`' Property,shaq apply any Funds held by Lender at the time of acquLsidon or sale as a aedit against the sums secured by this -
<br /> .:T:t,o�, ...�.0►,�- ..
<br /> . ',► SOCUtity InStillmCriL
<br /> -, ' ' 3.Applkation of Payruen4a Unless applicable taw provides otheiwise,all payments received by Lender und�paragraphs �
<br /> ` 1 and 2 shall bo epplled: first,to any prepayment charges due under the Note: second.to amounts payable under paragraph 2; .
<br /> ' thW�to intemst due;fourth,to principal @ue:and las�W any late ctiarges due under the Note. .
<br /> �� �, 4.Chargrs;Lkns. Bomuwer shatl pay all taxcs,assessments,charges,fines and impositioatis auributable w the Property ,
<br /> � '• �.�� which may attain prioaty over this Security Instiument,and leasehold payments or ground rents,if any.Bomnwer shaU pay these
<br /> � ' � obligations in the manncr provided in paregraph 2,or if not paid in that manner.Borrower s6all pay them on time dirccdy to thc
<br /> ' „ '' pelson owed payment Domower shall pmmpdy fumish to I.ender all notioes of amounts w be paid under this parngraph. If
<br /> � '� Ba�mwe�malces these payments direcdy.BorroEVCr shall promptly fumish to Lender refleipts evidencing Ihe payments. i ��:.'.
<br /> �� ' Bamwri sI�all pmmpdy dischmge any lien which has pricriry ovet this S�urity Insuument unless Boirower. (a)agrccs in :� .:�,•
<br /> _ . .. x writing to tlw payment of the obligation secu�r�ed by tho lien in a manner acoeptable to I.ender.(b) contests in good fnith the Gen I �'��
<br /> • �y by. or defends against enforccment of the lien in,Icgal proc�lings which in the Lender's opiniun operate to prevent the
<br /> ' #, enforoement of the lien; a(c)secams from the holda of the lien an agreement sarisfacWry to Lender subotdinaring the Gen to •
<br /> ' .� ihis Socwixy Iies�umen�If L�er detr�mines that any part of thc Prop�tty is subject uo a lien which may astain priariry over this ° .v
<br /> � . Socurity Instrument,Lcr+der mBy give Botrower a nopce identlfyirg the lien.Bormwer shall satissfy the lien or ta�e une or more �
<br /> :, � uF ti�c actions set forth abov�w�t(vin 10 days of thc giving of nodcc. �
<br /> � . Form 902a 9/90
<br /> , , , Q�•BFI(NE)1e2t21 Pap�xm o in�ii�u: . '
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