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<br /> Tai,ETiiGR\V::'t!;.l!th;imrra��etr.^nts m�w M herev►R��enx�tad on tue waperiv.w�!ull w+eu�e�us. apP++rten:ukrs.an:l
<br /> lixwres �ww �u hcrcditcr a {wt uf the pm}+ertv. �+►li rtpi,��nKnta attd wi�itic►ac �A�l! al� be ru�•cred by thi� Security
<br /> Inatrumcnt. All uf ttk: ior.g��ii��;is r4f�ttai�o in this Sc.�urity ]n:lturr�cnt:u the "Property."
<br /> BORRQW ER C(�VFNANTS th�&�rr►►urer i�Iau fuU� ieiuxl aF she esutt hemby ca��cy'e+d w�.l t��the riblt a�Qra�u wtiJ
<br /> ��m•ey the i'm�erty and tiwt thc Pri�xhy i+ uix�ku��r�i. ��cep: for crau.mbr,utcea of :�rtrcl. &:truv�er�arta�tts ;uxi wiil
<br /> Qcfuai gcr�cr.�li}•thc tittc tn tbe Property�ainst�ll clainu�xi den�ncis.st+bject to wtiy cixu��br.u�c:s of atiunl.
<br /> TH15 SECURIT'1'INSTR��h1ENT cy�t�ibinex unifurm cu��e�ta+ua f��r ��.tliw�al use an�1 �wa-u►utorm�ovenant�with limite�d
<br /> vui�ions 6y jurisdiction to cotistitute�uniforni s�ecuriry instrun;ent co�ering n:.�l pn�peny�.
<br /> UNIFORAI COV ENAN�'S.&�rruwer anJ Lendtr a��•en:�nt and agrec as fullow�s:
<br /> 1. fy�•tz�.�,nt at Pritstl�al and laterest; Prc�sauut xad l.ate CharRe�. Burr�wc� ct�all pranptl�• paY whcn duc ttse
<br /> principai of and intercst cu�the debt e�•iden�d by the Note aixi any pre�yment and I�te charges due under the Nnte.
<br /> 2. Ftiusds tur'Caxcs�nd Incursaee. Subjcct to applicable I�w or to u w•ritten w•ai�•cr Ay Lcnder.Bc�nnuer shall pay ta
<br /> lerxkr�n the d�y monthly paynw.ntS t+to dun utufzr the Nott. until the IVute is�+aid in full,a wm('Fwxis"1 for: (a)yeariy tazes
<br /> and aucssn�ents w•hich n�ay uttuin priority a��er this Seru�ity Irutrumeiu as a lien on tt►e 1'ropeny;�t�►s�e��s i�'u,w �y,�k>>:.
<br /> or gro�uK1 rents a�thc Property.if any:lc)yearly haTar�or pmperty iawr;ur,e prcnuums:ld)Yearly flc�od insur.utice pmmiums.
<br /> if any: (el yearly mortgage inwmnce pn:miums. if anp; and (fl�ny wnis payable by Borrow�er to I.ende�. in xcordance with
<br /> the provisions of psragraph 8, in licu of tha papment of mon��e insurance pruniums.These items are called 'Escrow�Items."
<br /> Lender may, at any time, rvllect and hold Funeis in an amount not to exceod the niaximum �n�nt a l�nder fnr a fode.ra3lp
<br /> related mortgase loan muy rr:yuire for Borrower's escrnw ace�oi►nc ucxler tt�foderal Real Fstace Settlen�ent Pr�xt�dures Act of
<br /> 1974 u ameAded from dme tu time. 12 U.S.C.Sertio� 2601 �t seq. ('RFSPA").un:ess another law tt�t upplics to the Funds
<br /> sets a lesser anxwnt. if so, Lender may, at any time, collect�nd hold Funds in an anwunt not to exopoci Q1c le:sser anwunt.
<br /> i,ender may estimate the amount of Funds.due a�the basis of current data ond reuoa.ble euimat�s of oxpenciituras of fu�ura
<br /> Escrow[terns or dherwise in xeardattae with applicabl�law.
<br /> The Fwtids shall ba held in an insiitution whase deposits a�e insurod by a federal agency, inurument�[ity, or entity
<br /> (including icnder,if I.onder i�such on institution?or in�uiy Federal Nomc Loan Banic.Lender shall apply tt►a Funds tn pw�y the
<br /> Escraw Itenu. Lender may cx�t cbarge Botrow�er for holcfi�ig and oppiying the Funds. amwally analyzing the escrow ac�count, or
<br /> verifying tha Escrow Items.unles�L,aidec pays Borrower interest on the Funds and applicabk law permits Lendt7 to mzkc sucfi.
<br /> a charge.However.Lender may rcquin Borrowu to pay a one-rime charge for an independene real actate tax �epcutinE sen+it�o
<br /> used by Lender in conna.tion with this loan, unless applicable Iaw Qravides otherwise. Unirss an agtoemcnt u m�do or
<br /> apQlicabk taw requires interest co be paid.i�nder shall not bc aquired to p�y Borrowu aay intr.rest or arnings on th�o Funds.
<br /> Borrowu and L,wder may ugroe in wridng.however. �hat in�erat sh�ll be paid on the Fu�vts. Leader shzll givc tn Bnrmwe.r,
<br /> without chargc. an:uu�ual accountin��f the Funds,sbowing cndits and debits to the Funds atvJ the pur{wse for w•hirt��e,a�:b
<br /> debit to the Funds was.made.The Funds arc gledgod as additional security for all sutns socured by U�i4 Security Instn��a1+
<br /> If the Eunds btld by l.ender excad the�mounts per►aitted ta be bdd by applicable law,i.eir.���slu11 aorount to Borrowa
<br /> for the ezoess Funds in a000rdance with the requirements of applirable law.If the anwu�u af the Funds txld by i.es:der at any
<br /> time is not suffictient to p¢y the Fscrow Items when due.Lender may so notify Eorrowu in writing.and.in sW.�*i case Bdrrowu
<br /> shaU pay to Les�Ia the umunt naxssary to make up tlu defuiency.Sorrower sf�ll maice up the d�flciency in n.� m�.ro th�n
<br /> .. cwdve moutl�lY Er+Ey►neor.�,ac i,ender's�1e d;scrction.
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<br /> Upon p��tt�st in full af al! sums savred by this Securiry Instrument. i,ender shall Qromptly rehand ta Bcrrtower any
<br /> Funds hetd by I.ender.if, uader parig�21.Ir.,nder sha11 acquire or sell the Property.Ixnder.Prior ta ct�e ac-c�uisEtion or sak
<br /> of tho Property,s1nII apply:�ay Funds hcId by Leader at the tun of acquisition or salo as a credit againsc.d�suras secwed by
<br /> this Securit�+lnstruaxnt.
<br /> - 3.Appli�tlou otFayaKOts.Unlcss�iicabk law provida ott�erwise.�ll pzymetus rxei�•td�y I�endtr undu P��B�
<br /> 1 aad 2 st�l be appliad:fint. to anY Prc�Y a�t charges due under the Note: scoot�d.to amount�payable unda paragrapb 2:
<br /> third,ta int�rast dae: fourth.to priacipzl due:and last:cu�y!ue charges du�under the Note.
<br /> 4.C6srees;I.ie�.Bomowu st�all pay all taxes.asses.smaus. ch�r8es. fines ac�d in�,00sitions.atuibtiu�ble u�tix Property
<br /> w�hieb mt�• msin priority over this Sec�uiry Inurumeiu,and leas�hold payma�ts or ground reuts.,if 9uy.Barrnwer sh�ll PaY
<br /> tixse obli�tiorss in the muuxr provided ia par�griph 2.or if not paid in that a�uur. Borrowu sha11 pay tGera on time diroctly
<br /> ta th�pasoo a�ed paym�nt.Borrower shall PtomPdy fumish to Lendar all notices oE aowunts to be paid unckr this pu�grapv.
<br /> . if Bomower makes thae payrnents direcdy.sorrower�u pm�y��co t.wae:reoe�ps o��ae���ne wy�u.
<br /> � Borrowa sl�U Promgtf�disch�rge�ny lien wt,i:.h has priority ovcr this Seariiy Inururne�u unless Horrav,-�.r:(a)a8rees in
<br /> writing to the pqv�t of the obligation secured by t}w lien in a rt�nner aoaptsbk to [.ender:(b)eoniais in gooci faith the liea
<br /> : by, or defeads against eofo�u of the liea in. legal prooeedings whid� ia the Ia�der's opinion opaate to preve�tt t2�e
<br /> enforoernent af the tien;or(c)sxut+es fran the holder of the lien an agreemenE s�tisfxtory t�i.ender wbordit�ting tlse lia� W
<br /> this Security Instrua�esu.If l.etder dGem�irrs that aay pzct: of the Property is subjed w�lirn which may attain priority over
<br /> this Security t*+s��TM,••�t�I.etxkr may give Borrower a oetioe idauit'ying the lien.Borcower s6all sazisfy the7ien or t�ice oae or
<br /> mot+e of the actions set foRh above within 10 days of the giving of notioe.
<br /> � fo.w 302� 9r90
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