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<br /> ,_,:-_�;y-a� '�f�RTH1?R WC�H WI lh0 IR1M�!'OVE�IS ROW aP tiGC,�tGf fxOC[di Qt1 l�0 DfO�i'[y�01td iIII liltnldxb�f�IQlltiClli[1D0���Pld --- -
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<br /> - ��l[f11lCi t{AW Of�C#t1Cr�pW4 Ol l�itt�110�fClty.All[CQ18�{7RIEIli!Qid�l�0l1�itW�j Y��9 OQVE[Od bjI 1f1I7f.�CNi�Ij�IOiUUIYiCiii.
<br /> Ati of ttie foregofng i�rofarred w in thL Soc�rlty Insaument�u tho.Proputy'�
<br /> D�RROWBR G�VBNANT31l�at Hortowcr b I�wfully xt�cd of tho cttats hercby w�wayod�nd tut 1he ti�ht to grant�ctd
<br /> cQnvay tiro IRopeny md th�c tho Pr�oputY ia unaicumbuc�d,cxccp0 for cncumbr�nces of rccord.Borruwer warrent�md wiS!
<br /> detend generwtly the dtk w the Propa�ty�g+�n�t aU cWms Kul demr.d�,aubjoct to any encumbances of cocard.
<br /> -------- , Tf�1S S��Ult!'�'Y INSTRtJMRNT cambinc��nifarm�ovcnanM fne natlanv usa emf non•ur�i[orm o�ven�nts wIth Umitod L-- _
<br /> vuiu�ns by juci�aicdon to consdato a wdrom,�acu�rity �nttsumcntaovains r�eal property.
<br /> UIJIPaPtM COVBN/!N'fS.Homowcr end Lendu oavauu►�aad�grao as folbwi:
<br /> y�-,� 1.P�yment ot Priaci,�l anA Interesti Pe+eeP�Wtnent tnd Late CIu�rRa. Baaowcr sh�ll P�P�Y P�Y whea due tba
<br /> pdncIpnl of and lntenst on tho debt ovldonad by tho Noreend er�y prcp�ymcnt and lata ch�rges due nnda tho Nae.
<br /> — �.Funds for Taxa aad Insuranca SubJoct to appUc�bb aw ar tt�a writun w�ivcr by L�cnder�Sormwu shall pay to
<br /> ----� l.ender on tt�e 6ay monthlY PsY�ts are due under the Not0.un�l tho Noto fs pa#d in fuU.a sum("Fund+")for.(a)YesYS+taxes , .
<br /> — and assesscncnts whlch may atrain prtority over tht�Socurih+Inawment as a pcn on tho Proputy:N)Yearly kaxhoW paymeat+ -
<br /> - or ground reats on the Propaty.lf enY:(c)Yeatly hazard or propcny inatunnca pnaniwns:(A)Ycarly tlood lnsurruce pnmimns,if
<br /> —= enY:(e)Yeatly mortgsge hnsurance prcmiuma.if ony:nnd(n ar�y sums paynblo by Bonowtr w Lcndex�in aocardmce wItb the —
<br /> � pmvisions of pa2agruph 8.1n IIeu of the payment of mortgqge insurenw prcmiuma'Ihese itcras an�"Bscrow Iwns." -�
<br />� Lender msy�at any timo.coltect end hold Fluids in nn amoant not to ox�the maximum amount a knder for a foderaUy relatod
<br /> mo�ig�ge loau may nquiro for Bomowa's escrow axowt unda the fe.dcial Real Bstato Seukmtnt Ptocedurp Act of 1974 a�
<br />--� - � amended froiii tIuie w tjr►e.22 U.S.C.Secdan 2b0�et seQ. ("RIISPA"),unless artothu!uu tha:oppl�e.s W the Funds ssL�a l�s.ser =
<br />__ _' —= amount If so.Leader may.at any t�ne,oa�ll�xt and hald Funds in an amount not w excocd the Irsser amc,unt Lender may �::-_
<br />.t,,�;�� �ae fliee s�aunt ef FunQs dua on the b�of eer�e�t rtau►nrnd macanaiaie estimatca uf ax�+�witu,�s af fi�mce Esaaw t4rm�or �_._
<br /> i�.� o�hetwise In eccondanca wIth la law. t
<br /> BPP� F..:r�:
<br />------�--.�- Tha Funda st�aU be held in aa insStadon whose dep�tts are insund by e fedaral ager�y.insnumentaUty�or eat�ty(includiag
<br /> ='-'���=`�`'�` Lender.if L.euder is such an insfltutton)or tn any Federei Home Loan Bank.l.eader shall upply the Funds to pay the Bscmw
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<br /> �-�-"�;�;�� It�ans.Leader may aot cbnrge Hormwer for holding and epplying the Funds�ananally anaIyzi�g the escrow e000un�or vertfytng �•'''.i
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<br /> .,,.,a.-.;. the Fiscrow Item4,unless Lertdet pays Bortower intp'est an It�a�1u►ds end appltcable law pennIta Leader to matce sucb a cht�rga -
<br /> _,r;1��, However.Leader may cequfce Borrowcr to pay a on�tim�eharge for en lndependent reai es�ta mx reponing servloe usod by '"�,s.
<br />==s;��'_ ��' Leader in conneaton with this loan. unless appllcable law provides otherwLse.Unless en agreemeat is made or applh;able law ;:±�.�_
<br /> ,�r '� requires inte�+est t,o be ps►W�Le�►dea shall not be requirod t�pay Bormwer any intaest or eamings on Ihe Fnnds.Borrower aad
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<br /> t_�;��: ,:° Latd�r usay agi�c ia wrlt':ng,hawevtx.il�st f�seresc sl�s!!1� pslc!oa she Fssnds.Lentler shn!!givs i��ar�K+�.w[Lh_�e sharEe��n �=
<br />.`�i:�+;�+�� . annual aocoundng of the Funds.showing credits and debits �n thc Funds and tho purpose[or whlch each debit to the Fuads wav i=��-�
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<br /> mnde.'Ihe Funds are pledged as additional securlty for all suma secu�cd by thls Sec�rlty Instrument .�;
<br /> ;',;;:;:,;,�� If the Funds held by L�der eacceed the amonnts permlwed to be held bY aPPllcable Iaw�Leader sball axount w Soaower far
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<br />�_.�. .,�',. � the excess Funds in aocordance wIth the requirements of applicabla law.If the nmount of tho Funds held by J.endes ei eny tima is *,�
<br /> =���, �. noi sufticIent w pay the Es�xow Items when due,Lendea may so notify Boirower jn wridng�and,in sueh case Bo�mwer sball p�y :•;
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<br /> __._,,��d;�,,, ro I.eader the amount ae�sary to make up the deficIeacy.Borrower shnll make up the deHciency ia no more than twelve ��
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<br />-_-�::�:r;�•:a crtontuiy payrt►ents�ai Lender's sole discretlon. _.
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<br /> --=__s:�:�i Upon payment in full of a!t sums secured by this Sc�rity Instrument,Lendcr shall prompdy refund to Borrower any Fuads
<br />,r'_�-:a'gF'. held by Leadar.If,under paragraph �1,Lender shall acqui:e or sell the Property.Lerider.prIor to the acq�isidon or sale of the
<br /> '"�.''^-�'-t Propeity�shall apply any Funds held by I.ender at the tirRe of acquLgitFon or sale as a cre�it against the sums secured by tbis
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<br />_-_:;•.._„!�. SeCUtity IItShlunenG
<br /> �r.i�T'..:Y�- 3.Applicatton ot Payments. Unless applicable law provides othetwise.aq payments mncxxived by Leader under parag��aphs ..
<br /> -'-��.''.� 1 And 2 shail be applied: t"ust,to anY P�Yment charges due under the Note:sexond.to amounta payable under patag►aph 2: .
<br />-���'"�� third,m interesc due;foucth,to principal due;ared Inst,w any Iete charges due under the Nota.
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<br />.�_-.,�i 4.C6ar�es4 Liena Borroaer st�atl pay ell taxes, aues��nents. char8es� Cu�es and imposidons amibutable to the Propaty
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<br />_ -�;,� which may attain prlodty over tlils Secarlry Insm�men� aad kasehold payineats or ground reats,if any.Bomowu sball pay Wese
<br />-� - abligattons in the mar�aer pmvided in paragcaph 2.or if not paid in that msaner.Borrower shall pay them on dme directly to the '
<br /> `_�.�,�;'i, pason owed paymenc Borrowa shaU proraptly furnish to Lea�der ell rtodces of amounts to be paid under this paragraph.If �� �•
<br /> Borrower makes these payments direcdy,Horrower shell promptly fumisit to Le�tder recetpia evIdencing ths paymente. ��'-'
<br />,' ,,�"' • Bonawer shall promptly dischar�e any lien which das pcionty over this Security Inswmeat untess Bmrower.(a)agrees in �'-�-
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<br /> ���4';s,�:`��,:f'�?` wrtdng to the gayment of the obllgation sccured by the lkra!n a manner acceptable to Lender.(b)wntests in good faith the lien �,
<br /> -�,:,—,�.,�;• by�or defends ageinst enforcement of ohe lten in. legal proceedinga which in the Lender's opinion operate to prevent the j�','
<br /> ;=.;�"��.-.. entorcement of the lienC or(c�secures from the holder af the Lten an agreement saLL4faswry to I.endea�subordina�ing the liea to "•;"
<br /> J'�.�• � this Security lnstrumen�If Lender detcrmiaes that any paR af td�e Property is sub}ect to a He.n which may aqaia priority over this
<br /> �"-��•�� Securlty Inst�ument,Lettder may give Bonower a noflc:a iden�f'ying the lien.Bosrower shalt sabisfy the lien or take one or more
<br /> :�r=`�,._,�;:�,f..r . .
<br /> ,�:�,���ti��q, of the acdons set forth above within 10 days of the giving of notica
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<br /> •r;r . Form 8026 9J90
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