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<br /> 92-100378
<br /> ����� 'i�0(;6THFR WtTH all the improvementa now or hercafter erccted on ttu propeKy,and all au�emenis.apputtenutices.md
<br /> -- ---=� fixtutes now on c�rcaftcr a part of Ihe propenY. All rcplocemen�a� atd additiona shall �lco be covcral by Ihis Securlty
<br /> _� Imuurnent.All of the foregoing is refertsd to in thi9 Sxurity Inurumcnt�the'P�operty•"
<br /> �r� BORROWER CUVEKAIYTS t{wt Borrower is Inwfully�cised of the estwe hercby conveyod wwl hus ttw right lu Q�nt and
<br /> _ �"':�� convey the Property and ttwt the Property is unetxumbered, except for encumbronces oP teconl. Borrower w�rantr �td will
<br /> �::.. defend genernlly�he tiNe ta the Property ag�fnst�II clalms and demands,sub,ject to any encumbrances uf rc�ti�nl.
<br /> ` °; THIS SECURITY 1NSTitUMENT rnmbines unifarm cavcnants for natiMwd use und nun-unifixm rnvenant�with limitod
<br /> "• '� vwiations hy jurisdinion to rnnstiwte a uniform securiry instrument oovedng re�l property.
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<br /> Y r• UNIFORM COVENANTS.Borrower end L.coder covenant and ag�ee as fallows:
<br /> l.Payment of PrincipW and laterest: Prep�Ymept aad I.ah Clw�es. Bormwer �hull prompt�Y PaY when due the
<br /> -���'�A �� princip�l of and i�terest on the deM evidenced by the Note and any prcpayment und late charges due umler the Nate.
<br /> -'°q�'`�''t 2,Fbpdc for Taxes aud I�urance. Subject to applicable Inw or to c�wriucn waiver by Lende�. Borrawcr ahall puy to
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<br /> _ , � Len�ler on th¢day monthly payments are due under the Note,until the NWe is paid in full,a sum 1"Funds")for: (al yeurly wues �
<br /> ___-. . -=m±�':;� and ac.�essments which may attain priority over this Security Instrumenl As a lien on the Propeny:(b)yearly leasehald paymenta _
<br /> -.�:s�:.� or ground rents on the Property,if any:(cl yearly hezard or property insurance premiums:ld)Yearly ilaad inxura�ce premiums,
<br /> � '»�i: ifan Y 8 � P Y PY Y
<br /> _ __:`,.;:��,.��� y:(e) yearl mon a e insurattce remiums, if an ; and(tl uny sums a able b Borrower to l.enJer, in accordance with `
<br /> �`�-_� - tho provisions of p�arag�aph 8, in lieu of the payment of mongage insuranc�e premiums.These item�+Are called"Ekn►w Uems.'
<br /> ���� �:- r" La�der may,at any 1ime.collect and hold Funds in an emount not to exceed the mmcimum emount a lender for a federally
<br /> �x,.;a, —
<br /> --� ;:;}:,, � ,� "' related mongage loan may require for Borrawer's escrow account under the federal Real Estate Setdement Procedurcs Act af _
<br /> -::`;,ii:`' �•�' 1974 ag amended from timc to time. 12 U.S.C.3ection 2601 et seq. ("RESPA").unless unother luw tiu►t applies to the Funds
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<br /> - �, ,�+,�� ;;;.'" s�ts a lesser arnount. If sa. Lender rtwy. at any time.rnllect and hold Fl�nds in an amnunt aat co excee�l the lesser amount. �;_
<br /> � -- 't`•` °�`.,.` Lender may e.stimate the wnount of Funds due on thc basis of current dau►And reasonable estimates of expenditures of Puture _---_
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<br /> � ' Escrow Items or otherwise in acrnrdance with applicable law. ��`
<br /> _-����;,.�.:..X: The Funds shull be held in an instiwtion whuse deposi�s ane insured by a fede�l agency. inslrumentuliry. or cntity �?';
<br />:�:4�� � - . (includfng l.�nder.If[.ender is such un instiwtion)or in any Federal Home l.oan Bank.Lender shall apply the Funds to pay the _
<br /> :`���` .,._�;. Fscrow Items. l.ender may not charge Borrawer far holding end npplying the Funds,unnually:�nulyzing the escrow accaunt.or `_�
<br /> _ ��� .. ver�fying t6e Escraw Items,unless Lender pays Bomower interest on the Funds and applicable luw pertnits L.ender to msike such �
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<br /> �--;�.'; o charge. laowever,Lender may require Borrower�o pay A one-time charge far at�independent reul estate tax�eporting service ___
<br />����lt,'�?;;�:,'�°� usod by Lender in connection with this loan, unless upplicable law provides otherwise. Unless un agreement is mude ar e'�"'
<br /> ""��'•��:��� . applicable law requires interest to be paid. Ltnder sh�ll not tie re uired ta Borrower an inrerest or eamin ti on Ihc Funds. ��'�"
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<br /> ��- Borrower and l.ender muy agree in writing,however,�hat interest shall be paid on the Funds. Lender shull give to Borrower, �,,°
<br /> �'q'*�'"�'' - uiihoat charge,an annua!accoanting of tlee Funds. dx�wino credits nnd debi�s to the Funds und �he purpose for which exh -
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<br /> _� . �Ay; debit to the Funds was made.The Funds are pledged as udditionel security for all sums secured by this Security lnstrument. ���
<br />=���' ` Iithe Funds tMld hy l.ender exceed the amounts permined to be held by applicable Iaw, Lender shull ucmunt to BoROwer �lts.:
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<br />:;:.i.,� , for the exces.q Funds in uccordance with the requirements of appli��able law. Ii the amount of�he Funds held by l.ender At any
<br /> ��;,',. .�;;'• ~ time is not sufficient to pay the Escrow Items when due,l.ender may sa natify Borrower in writing,and,in su�:h cuse Barrow'er _-
<br /> ' ,`� shall pay to L.ender the amount nececssiry m make up the deficiency. Borrower shall make up the deficiency in no more than --,.
<br /> "�' �� twelve momhly payments,nt L.ender's sole discretion. --�
<br /> ��i:p, " ,� Upon payment in full of all sumc secured by �his Securiry Instrument. l.ender shall promptly refund w Borcower �ny �a'''
<br /> �"� u Funds held by I.ender. If,wxier paragr•rph 21, Lcnder shall acyuire or tiell the Property. LenJer.prior to the ucquisition or.rale sa^r
<br /> _ � . • �� of the Property,shall apply ony Funds held by Lender at the time of ucyuisition or snle os n credit against tMe surn�recured by _
<br /> = , thhs Security Instrument. __-
<br />�„� � : �: , . 3.AppNcatian of Payments.Unles�applicable Inw provide,�Hherwisc.all puyments received by I..ender under p•rragraphs �`�:�
<br /> ` � .--• ' 1 and 2 shull be applied: 6rst, to nny prepayment ch:uges duc under the Note: ���ond,to umounts payablc under paragraph Z;
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<br /> third.lo interest due; founh,t��principal due: mid luti[.to uny lute churgcs due under the Note. ____
<br /> ,;��� ! � =�.;:• 4.Clprcges; Liens. Borrower shull pay all tsuce..a�sessment�, charges, fin��+and imposi�ions attributable to tlx: Propeny _
<br /> <•'^ � �'.j��� whirh may attain priority over this Security Inatrument, and leasehold payment�or ground rents,if uny. Borrower shall pay `b-
<br /> �=-'E'�� , +�,'� ��'�'� these oblig�Nions in�he manner provided in puragraph 2,or if not puid in that manner, Born�wer.hull pay them on timc dirc�tly �
<br /> - - to the rson owed ment. &�rrowcr shall promptly furnish to L.ender ull natir�h uf'utnuunta lo be p:�id unJcr this paragroph. ='�s"
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<br />-_�,� ; �y � ii Bortower makes these payments direcdy,&�rruw�er shull promptly furnish tu l.�rxler reccipts evidenring thc payments. __
<br />_ Borrower shull pmmpdy Jischarge any lien whirh has prioriry over�hi+S��:urity lmtrument unle,�Borrowrr:l�1•rgr�ti,in
<br /> �TF;,�f . �• writing to ihe payment of the obligatxm tierured by the lir�in a munner acrepwble t��LenJer:Ib►cnntetit.in g�xxi fuith the lien ��-
<br /> _:.�:� '� � ;"'`' by, or defends n�ainst enforcement of the lien in, ie�al prcx�ti'ding. which in the l.rnJer'. opiniun ope�te to prcvent the °�"
<br /> �� enforcement af the lien;�x�c)scrures from thc holder of thr licn un�grce�nent.atisfixtory tu l.endcr.uh�mlinating the lien to �-
<br />�� this Security lnstrument. !f Lende�Jetem�ine,tha�any p:�n��t'Ihr Pmprrty i..uPjer�ta a licn which may attain priarity uver �
<br /> this Securi�y In+trument, Lender may gi�•e&�rr��wer a n��tirc identilj•ing thc licn. B�mu��cr �hall ,atitit�� the lien or takc une��r
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<br /> � more of the actions set fi�nh alwve within 10 d•ry.of tlk giving ai'nu�irc.
<br /> � Fam 3028 9190 �'-
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