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<br /> '1YN3E37'HHti W(TN all tho bnprovemc�rt�v c'A„°�a1��em nte und aiddit�l�ns�shnli al n�ha rc vct�ed byt hiK Sccudty �;`
<br /> anct fiatun:v nu�v ur huc.�fter c�Faet of tha p i� Y� t' �
<br /> Ir�tn�mc�nt. All oF�ho i'amgnln�t is rcicrred tu ln thtN Scc�irlty lnstrumcnt as tho"PrnpeHy.° �.
<br /> AOFtttU�V6Et�"QVENAN'��Ihat Rnrruwcr Is lu�vtldly seise�l��f tho cstuto he�ehy canvvyc�m►d 1r��:thc dght h�gt�nt �_-
<br /> snd�onvey thc Pirop�rry��I thut the Ptaperty ts unencumtr�rcd.ca6ipt f�r cncumirmnrry of re+:t►�a. Ilc�rr+uwrx wa�tant�and
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<br /> w ill defcnd gencrally tho+itle ta the Propcdy n�uinst nli doim�and dc�uands.sabJsrt tc+any enry�Ebfa�ura aF ecennl• �`
<br /> THtS S�CUltITY�IN i�R i M BnNT`u��ibunifun�tic�u�ity in trumem cuvednp�enl pr peny n-��niG►�m cove►wnts witl► � _
<br /> limltcd vuriutlons hy J
<br /> (1N�FpR(u!C,��VBNANTS. Nutruwer and Lcndc mc�t and L Qo Chargc.s.�Borsnwcr yhnll prom dY pi►Y whcn due thc
<br /> 1. E'►iyment af Prtncips�l and lnterest=Prep�y
<br /> pdnci�nl at nnJ intcrcat an tho dcbt evidcnced by tho Noto und uny prepnymcot nnd Intu chnraes duo un er the Notz. —
<br /> . Flmds for'IUxes und invurance. SubJect ta npplicablo law or to u wrltcen wniver by Lcnder.Bartuwer ehnii puy tu _:
<br /> L.aro:c�on tho dny manthly paymcnts aro duc undcr tho Noto,�mtil thu Nntc Is pAld in fl�ll,a hum("�nds")fur: (a)yearly �-
<br /> tcued�and asccosmente�vhich muy nttaM priority ovcr thia Security lnsnument n.g u licn an tho Prc,�crty;tbl yc�rly Icuschald �_
<br /> (d) ycivly il�x�d
<br /> puymcm9 or nmund rents on thr Property. if uny: (c) yCUrly huzard or propcny im►�mnce premiumy; —
<br /> iasurunco p�emiums, if nny; (o)yeady mortgag►.inguttincc prcmiums, if uny; und (tl�ny sums payable by Ba►ra�ver ta
<br /> l.cnder.in nccordunce with thu provi�lans of puragmph e. in licu of the puyment af martguBo insueoncc premiums. 'Phesc �__
<br /> items nre celted"Gscrow ltemti' Lender may.nt any d►ns,callect und hald Flmds in an umuunt�at to oxcced the mnximum `
<br /> umot►nt n Iender for a fcdcrutly relatcd moctguao laun muy cequire far Aarrowerl� escraw accaunt under tho fcdcrul Renl _
<br /> E" t��te Sctttomont�xedures ELct af 1974 ns amcnded Prom dmc to time. 12 U.S.C.$ 2b01 et se�r.("R�.SPA").unless anothcr �_
<br /> lu�+ �ItUI Qp}1IIC9 101I10 Fllild9 SCZA A ICSSC[AI110U111. 1P so,i..endcr muy.at any Umc,collcct und huld Funds in un umount nat to �T_
<br /> oxceed tho Ics�cr umouot. l.endor mny estimato tho nmaunt uf Fl�nds du0 on tho busie nf current dutu and rensonublo �;
<br /> c9dmutcs of oxpenditu�eg uf futuro Bscmw Items or othc�viso in nccardance with applicablo tnw. =
<br /> Tho Fundo ahall be hold in an iostitution whosc dcposits aro insun.d by A fcdcrai agency, inqaumcntality,or cntity =_
<br /> (including I.tnder.if l.ender is such w�insdtutlan)or in nny Fedaral Namo l.oun annk. l.endes shall apply tho ELnds ta pay _
<br /> tho IIscrow items. l..ender muy not charge Horcower for halding und upplying the FUnds, unnuully analyzinp tho escra�v
<br /> uccoun� or verifying the �.uro�v ltoms, unlcas 4cnder puys Borrower interest on tho PUnds and uppllcuble lu��v permits _
<br /> l.ender to mnko such a chargo. Hawever�Londer mt►y rec�ulro Botro�ver to puy a one-timo chncga for An independont reut
<br /> estnu:uu�ceporting servica used by l.ender in cannectton with thiA laun.unless appUcnble Ic►�v provides athernise. Unlass an
<br /> ngrccmcnt ie madc or epplicablo law rcqulres lnterost t�bn p��n e�pWQVer!that intcreQ c sh 91'hr p d�the�Fund9nj l..endcr
<br /> eamin a on tho Nbnds. 8arrower und l.ender mAy ug 6 -
<br /> shall�va to RArn�wcr, wlthaut charge.nn unnunl accaunHng of tho Fl�nds,ahawln�crcd3ta w�d d�b1Gv t►�chv Fhndq and thv
<br /> pwpaso far which each dabit ta the Furzds was mado. Tho Fundg are pledgcd uti ndditional sccurity for ull aums secured by
<br /> thls Secudty]nstrument.
<br />_ If tho hlmda heid by l.cnder excecd tho AmoanG9 permitted ta 1+o hold by�p�pli�f`lhvolampu�p�°,�0 Nundg h!d by -
<br />- Borra�crr foe tho excess�unds iri a���ias�as w�1sh t3se reqalrensen�s�i'�#'i���i1° -
<br />- Lcndcr at any tin�c Is not sufficicnt to pny thc Bscrow Items whcn duo.Lcndor muy so natify Horro���er in wdting,anci, in
<br />- auch cnse Harrower ehull puy to l.ender tho umaunt necessary ta mnko up tho dolicicncy. 6orrower Rhall muka up tho
<br /> �ti�iency L►na mora than tweivc monthly pAyments,ut I.�nder�solo discr�tion.
<br /> Upc,npayment in futl of ull sums secured isy zhia securii7 In,t�����.i.:.�d�'ols�!!FmmRt4:�a'-���ui it o ai -
<br /> PUnde held hy 1.cnder. If,undee paragrnph 21,l.ender shnil ucquiro or eell tt►o Praporty.LCll�CP.p
<br />— 6AI0 OP tFtO Pt0]101'ly.shall apply nny Funds held by L.ender ut tha dmc+of acyuixition or Rule �.s u credlt against tho Aums
<br /> - sccurcd by thiA Sccurity Instrument.
<br />� 3. Appllcallon ot Paymemt�. Unicss applicable law provides otherwlso, nll paymenta rcceived by I.omler under
<br /> pucA�nphA 1 and 2 ehall bo upplicd:fi��st,ta aoy prepuyment churges duo undcr the Noto;secand,to amounts payablo undcr
<br /> - paragmph 2;thinl.to interest duo;fou�4h,to pdncipul duo;und Icwt,ta uny lato chitt�os due und�r th�Noto.
<br /> 4. Chnr�es; l.lens. Bornawer Rhall puy all tnxes,n.gscssmen�v, chuigey, Cnc9 und imposiqons utuibutable ro tho
<br /> Propc rty which mny uttain piiority over thia Securiry Insirument.and lc�schald puymentx or ground rentn,if t►ny. 8atrawcr
<br /> h 2 ar if nat aid in thut mnnner.Bonowcr shull puy thom an
<br /> shn11 pAy thcso obli�atianA in tha munnor pravlded in puragrap .
<br /> timo direcdy ta tha person awed pAyment. Hocro��•er Rhull promptly t1►misl�tp Lcnder ull natico9 of amoantq ta bo putd under
<br />"a this pnragraph. If�orrower�nakes theso payments dicectly.Horrawcr sha4l prompUy fumiah ta l.ender recolp�v ovidencing
<br /> _ tho puynwntx.
<br /> Barrowei ehail pramptly cUschurgo eny lien which has priaflty over thie Secudry Instn�ment unle.v�Horrower. A A�',PC�A
<br /> in writing to thopayment of tho abUgndon sccured by tho lien in a manner uccepmblo to I.�ador.(b)contosts in good taith tho
<br /> � lion by.ar dafends uguinst onfarcomcnt of the lion in,le��l proceedings which in tho Lencler's apininn apemto to pmve��t the
<br /> enforcemvat af tho licn;ar(c)xecun:s from the haldcr af the lien an c��ccomcnt entiafactary to Lcndor subardlnating the lien
<br /> — to this Secadty Inatrun�ent. It L.endor detvm►inav that any past<�f thv Praporty io subject to a livn which mny uttuin priority
<br /> over this 3ecurity Insaumcnt,l.cnder mpy sive aorrower a notico idontifying tho lien Bar�awcr ehall satlsfy tho licn or[ake
<br /> � anc or moro of tho acdons set forth abovo within 10 dnyR of tho Eiving of notico.
<br />�-s g. Ns�zacd or Property Insurance. Horrower shutl keep tho impmvemonts now oxist�ng or hereufter esected on the
<br /> � Pcop�rty insurcd Aguinat loss by firo.hazurdy included within the tcrm"oxtend�ed coverag�"and uny ather hazAUds,including
<br /> � flaods ar flaoding,far which l.cnder requims insumnc�. Thia inaurance shull bo mnintuincd in the umauntA und fur tho
<br /> Fpnn 3p28 9/90 (pa8e 3 oj6 pageal
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