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<br /> `IYlti1�THGR 1VITl1 ull�hu Impr���.mcnta no��i an c�rcaRcr crcctcd a�Iho pra�tc�ty.nn►1 nll ca+c�itcn�y,appuctenaurc�.nnd
<br /> �Rltlt�9 R�W OP I1C�C.l��r e� {�:u�t uf tho pm�►c��y. All rcpt�r:uteut3 und ncldld��s�� khs0 o1+t* t+r r�►vcFe�i hy thls Sc�u�llv
<br /> Itutrumcn�. Ail aP Ihc f��rc�uin>>iy n.fcrrcd ta(n this Sceuelty tn5taimcnl uv Ihc"P��peny."
<br /> HORKp�ylilt('OVKNANTS ttwt Hon�►wcr is(nwfuUy yelsrJ uf'ltie�s�uto hcrthy�timtcyed nnd luiy thc ri�thl lo Rrant atuf
<br /> �v�nvcy thc Yroperty nad �hc►t tha Pra{+c►Iy le uncucumbcrcd. excrpt ti�r cncumhrainrs ui rccu�d. purr�►�vcr wi+��rums nnd �vill
<br /> d�Pend�;enemily the tiUe iu�ho Pm�rty aBa�n�t uil cluin�uuJ dcnwndy,subje�t t�nny encwnE+ra�tcr.r uP rei�►�YI.
<br /> Ti�IS SFC1iRiTY iN.�`+TRUh94N`i'cmnbinrs unifurn��+w�.��►+���tN f��r �uuiwwl wo und numdnifi�rm cavc�tnntr u�ith Ifniltc+l
<br /> vaNutians by jurinlirtiim h►c�riw�iiute s u«(Cocm�curity instrumsnt bnv�ria�`en1 pr�i�riy,
<br /> [1IV1Ft3RM COVEiNAPiI'S.F3ciffoti:'er�mt Lsiukr rnvrn�►t wul ne�ce n.9 tuU�+wp:
<br /> �. ���„�! n��r�� Q� �nt� 1're#�v�cnt uqd I.�tc t'hwrrBes. E��rr��vcr c+tiidl pmmpUy puy whcn duo Iho
<br /> priticipal ol and intcrost on thc d�bt evidcnccd hy tho Nc�tc and nny pr�paynicnt nnd Inte rhne�rs Juc undcr tho Noto.
<br /> 2. I�Lndq Pnr'!'oxcw nnd ln�qrunce. SubJcet ta uppUc.�ble litw ar tn u written widvc� hy I.cndcr. enrm�vcr shall pay to
<br /> Lcndcr an thc dny mnnthly payments ure duc undcr�ho Natc.until thc Nuto iw pald in 11d1,n sum('Fund9")Par:(n)yrarty tnxe�
<br /> nnd usscssmcnts�vhich may nttuin prlarity��vcr thiy Scct+rtty Insuumcnt i�.ti ii licn on thc Pmperly;(b)ycarly Icaschold p:rymcntq
<br /> i�r�r��und rents an thc Pmperty.iP nny;(c)ycurly hornrd��r psa�perty insurnnro prcrnlun�.y;(d)ycur�Y flcxKl Insu�anw prc�►�lums�
<br /> If uny; (c)ycurly murtgugc {nsumncc p�rmiuiny, if cutiy: i»�d f�any Fum,paynblc hy Bure���vcr ta l.cndcr. in accnrdnnce with
<br /> tho provisians ut'purng�aph H, in licu��f thd paymcnt of nwstp�e insurancu pmmiumv. Thcse itemr ure called��tiCfUW IICi11.9."
<br /> L.cndcr may. at cu�y timc. collcc��nd hold �u��d9 in nn n�nuum not ta excccd tho maximum umou�n a Icndcr for n Pcci�rolly
<br /> rcictted man�ago luun nu�y requira far Bormwcr's estimw arcoUat under the fcdcml Real �r,tate Settlemcnt Pn►calures Act af
<br /> 1974 ay umc�idcd(rom time tu tim:., 12 U.S.C. Scctlon 2td11 et se�/. ("RBSPA"). unicss nnother In�v that applics to tho�undy
<br /> set� n Icsser umaunt. If sa. L.cndcr mAy. nt any timo,callect und hold H�nds In iin amaunt nnt ta excccd the Iesser umaunt.
<br /> l.encicr may crtiniatc the c►mount af Funds due nn tho b�.sis of currGnt duta und reasunnhla estlmutcs of expcnditures of flitum
<br /> Escrow Itcros nr othenvise in accurdnncc with upplicuble Inw.
<br /> Tho Funds shall bv hcld in un institutlan who.sc depasity nro (nsu[rd by a fc.cicrol ��gency. lnstnimentnti�y. ar entity
<br /> (including L.cnder�if l.cnder Ia xuch an instituttan)ar In any F�cic�al Humc�Laun Bank. I.creder shall apply the�unds ta pny tho
<br /> E.ecraw items. Lender moy nat chargc:8ano�vcr far hatding urul npplying the Futtds,annuaily unulyzing tho escrow ucrnunt,ar
<br /> �critj+ins th�liscrow Items.unlcss Lender puys flarrawcr intcrest an the Funds and upplicubla luw permits Lender ta makP sueh
<br /> u ch:►rge. Ho�vovcr.Lendet may requirc Baemwcr ta p:ty u ane-tincc chnr�o far nn indepcndent re��l cstnte tmc rcpaning sorvlco
<br /> used by Lendee in connection with thls (onn. unless appiicnble Inw pravide.v otherwise. UnteSy an ngccemr.�nt i� mada nr
<br /> applicublo I�w requin.s interest to be paid, l.cnder ehnil nat be requimd ta puy 8arro�v0r any intcr��s�or eaminga an the Funds.
<br /> Borrmver uncl l,ender m�y ug�ca In wrlti�t�.h��wover,that interost r;hnll be pAid on tho Punda. i.ender e�hall givo to Horm��•.r,
<br /> withaut charga, nn unm�ml accuunting of the Funds. si►awi��g c`odits nnd dct�its tn ttte Funds and tlto purpc�sc for which c�s:h
<br /> debit to tho Nunds wns made.Tiso Funds mn pleiigal ew addition;►1 sccuriry far all sua�.s secured by�his Security Instrumcnt.
<br /> If 1ho Funds held by l.ender excced tha a►naunGq permitted to be heid by appi'silv5lo law.l..endc�ehall uc��tutt to Hnrrowtr
<br /> for 1he exce.�.v�unds in accord�nce with t9�E requircmentR af applic.aC�!F luw. If thc nmount of tho Funds held Q+�i�ender nt�tny
<br />_ �;,�;��t�s£t}ri�s:a p�;t�g,s�s�1�+�+�'-�d�.u��l�nder mny sn notify Hurrowcr in wrlting.and, in such ct�sr.Borrn�r�r
<br /> shnil pay to l.endcr the amaunt aecessury to mt+lce up tha de(icicncy. Rona�ver shall mnke up thc dafictency in ao mar�than
<br /> hcclve munthly pnyments,u11.�onder's soto discmtiun,
<br /> �t�,n �,u�mem in thll of all �ums sccttted by th4s Securlty Ynstniment. l.ender ahnll prumptly reflind sv 8arcowcr any
<br />- Funds hctd bp ixnJer.If,under parogr�l�21, l.ender shnll arqulrc+�r�p tho Property,i.ender.griar to ific ncquimiion ur�o
<br /> of the Prop:�y,Shull apply nny Fum1s hctd by i.ender ut the time of ncquisitian ar antu ns n crodit aguinst tho aum9 secured by
<br /> this Security Invtn�mcnt.
<br /> 3.Applicatlon of P��imc'nte.Uniess uppltcuble law provides athcnvisc.:ili payntenta�eceived by l..cnder under paragruphs
<br /> 1 und 2 shall lw applied: first. to nny prepayment cla+rse9 duo undc�the Note;second.to cunuunta puyablv undor parns�uph 2;
<br /> third,ta intcnst duo;faurih,to principal duc;and last.to any late chargcs doo undcr tho Nam.
<br /> d.Charges� Liens. Barcower shall pay nll tnxes, nssessmcnte, charges. fincv nnd impositiuns nttributablo to thc Proge�ty
<br /> which nu►y nttain prlority aver thia Security Insta►ment, nnd lcasehald puymenta or graund eer»:�, if nny. Bunowcr eha�d�,t�
<br /> ttiese abl9gatlon.c in tho manncr pravidcd ln pnrugrnph 2.ar if not paid in thut manner. Horrawer sha0 pay them on timo diroot�y
<br /> to thc person awcd paymcnt.Aorrow�r shall promptly t�rnigh ta l.�rn�c�all notiv^s of t►mounts to bo pnid un:lpi tMs pur�gtaph, ,
<br /> lf Bormw�r n�.�kcs thcsc paymenty dircctly.Barrawcr ehnll promptly f":^�sh to i.endcr ma:cipts c��adencing the�uymente.
<br /> aattawcr shail promy�tly dischargo nny licn which ha9 prinrity c�-;r ihie Scci+rity Inslrum:��vnle�llurruwcr:(a1 c�grcc�in
<br /> wridng ta tho p�ymcnt af the abN�Atian secur+ed hy tho lien in u m��:r ncceptnblo ta l.endcr:(b)contest�in�ood foith the(:�Ln
<br /> by. ar dcfcnds cigninst cnfarcemcnt ai the licn in. Icgal pracecdiaga which in the l.cndcr'H opinion �perate to prc�ent�3�0
<br /> enforcement af thc lien;ar(c)Fec:ures fram thc haldcc of tho licn un ug�cemcnt a�niafactary ta I.e,ndcr�ubardinutiog thc lien to
<br /> this Security lnstrumcnt. If I.cmier detcrmines that any par¢af thc Prapc�rty is subJeci to n 11en which mny attain prlarity avor
<br /> �his Sccuricy lnstrument. L.endcr may�ivc Bana�ver a naNco idcnteC3 in�tho lien. Aarrawcr Fhall saNs�;1ha lien or talw onc�or
<br /> moro of the��tians r,ct forth ubove wlthin 10 days af thc giving af narico.
<br /> form 30�8 9(90
<br /> Papn 7 of 0
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