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<br /> _ ��,y� _ : ___ _ . . . : . . - : : � 92- io��83 - : _ �
<br /> roab-niER�vnx su,6e impcovaoma sue►or ee�eatt�ao�d oo aK p�op�ty.aed all�am�e�a.appui+a+.o�s,;asd : -
<br /> f�es�i ao�v a �ertaRu s�t of th�'ptopaty. All:�l�o�arts and.additioas s1�U also be ooverod_by this Socarky
<br /> � � 1n�tumaa[.1U1 of ihe fo[eEoina is tnfatnd to in this.Securi[�.Insmu�u�`q�•'Pmperry• ` . :
<br /> BORROVYER COVENMITS t6at Bormwer is lawfultr seised of,tl�cst�hetebq mnveye�a1d has thc rigtu w grant and `�,
<br /> — a�nvey.t6e Fmperty and lhot thc Prope�ty is une��n�buod,�e�ct�t.€oT.R�b.t'•inces of.ccoortf. Borra�trer aarrurts and wi11 �-`':
<br /> —= defad gaiecally tUe tiile to thc,Propc�fryr agaiasi all cUims.aai das�nd�subjcce tp.�y a�of mcord. • —
<br /> - -- THIS SECURI3'Y tNSTRUMENT co�abines unifomi.wvea�cttg+�oc naticx�a!usc:and•tia�imifoim covem�us wit61'r.mited - _-
<br /> -_- vaci�t}aic by jurisdKtion to oonuitute ti unifom�szcuriry�insuument.covering�ea1.Pr�s ' . . ��
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<br /> ' --------- -- UN(FORMCOVF.f�iANfS.Borm�r�andl.c�cavenantandagcdeasFotlows: ' � =--- -
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<br /> .�-_y • . _ l.Paymmt o�PCi11�ip111 atd Ietes+ES[i�7�Ie�t.and�i.itte�Clla[�es.Ho[�oWet Sh�II�Pro�Y [�Y +�rhu+due Usa .� .- —
<br /> - --- princip�of and iaterest on tlie deM evide�aed hy the,Nate and�,��.y�rru and►ate cE�tggs dtie under�1�e Note. „�.,�-,�..,,,,�
<br /> Z.Fiwds[oc T�ues a�d I�ace.Su6ject to.applicabM,ixt��n��[o�a wriuea waive¢;bj:,, 4'er..8ormwe�shall pay w ���"�`.�c��-�.m-"-�-
<br /> . j Le�der aa the day monthlY paYmeats ar+e due under�he Npte.untjl,th�i�ivte as,p�id in fisll;�a surn�"Funds"}far.(a)yeazty taxes �� _-
<br /> ? and asses.nnaots which may attain'priorify over this��Seaiiit}�Lss�mneat as a li�u oa tdG Pnupertyt�[bl yeariF t�Id paya�eats ��� _ _
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<br /> . a•_ or gcuuad n�ts an the .�f an ,tc�Y e a r ty t r r r d r d vr' . p .� - --
<br /> �P�Y Y' R�,�asnr�ncepremiums;.t�.yeatiytlaod'mmrzoce ieariwns, ,L - �'-���;;:._-.-
<br /> ° `` if siay:(e)ye�rly moRgage insurduoc p►i�niu�ng,ii atry:aid(�l edX��ass.payable by Boirowcc to•I.�der.in accoidance witit �.. � ' ..•`
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<br /> -- t6e pmvis�mrs of paragr�r 8, in{'ieac:of-tt�payment of mortgage.iks�uiance pretniuu�s.Tdese 3tcros.mre caltsd'F.scrow hems."_ •-� --,.--
<br /> �;:. LiMer may,at airy 6cne,coltect aad hotd Funds m'an amo�int nai to acceed the maxim�iin amoanE a lcodex for a federally ''� :���
<br /> '?`�, ielatod c toan ire for Borrower's esaow acc�at iuider the�t�eral Reat Fstate Sditecnent i�ocedures Act of - '�----
<br /> moit8a8 maY requ �;t_s�—
<br /> �:�,':. 1974 as ameMod fmm time to time, 12 U.S.C.Serunri 2601 et seg.,("RESFA').:aaless another faw tbat apQlies to the Funds '' � � . _- __
<br /> � . ', 3�ets a lessu w�ount. If so,,l.cnder mxy;at�aY time,colled and t�ptd Fw�'in..a�amoam twt to exceea t6elesser�naun�. , ',
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<br /> � ;�;,,:`; `Lender may estimue ttie ataaunt.of Lwads�ue•on tbe basis of�air�nt data and ieasonaTile�of expeadituces af futu�e � . __
<br /> - `� `;. �Escraw Items or otber�se i'n�ccor3�s�:�vstb apP�ble Iaw._ ` . . - • ' ' - _
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<br />_ �_ _ '� 71ie Fands-sha1T b��eia ia an.iastiwtion.r�deposits arc insured��`•�'_�nI age�cy insdumentality, os en6ty I`rt� .
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<br /> �. :I�'tncl Lendcc,if ieri�`r is such an institutian)ar in ariy Federal Home I.o�Baati L�s(�atl appiy t1�e.Funds to�}tbe : -
<br /> :,r��:��L.���°•'.� ' Esct+nw Items.Lender may ridt charge Bomuwer for hotding and applying the Fands,ann�k a?afyzing tde escrow acxaunc,ar`. :�. ' �=" ''�`.
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<br /> .;�;,�=` ?;s:_�: verifying tiie Escro�I�ert�s.untess lxndes pays Borro�ver inter+e�on the Furids and appli�:�+permits Leader to raake scrc.fi ,,'„'—
<br /> � .. `��'�. p ciiarge.Aowever.Lxadec may requice Borrower to pay a one-slme charge for an�ndepe�.�eal estate ta�i relwrting service :``r� :
<br /> '�"`� " ased 6 Lender in.cona�ifan witfi this toan, unless licable law provides othe�wise.-E�atess an.agreement is made or ��^ , .�-:`�;.��.
<br /> � � . y app _ .
<br /> , _. . �itC��C I8W fC�UtiCS If1tClCSt LO f1C p3td.Lender shall not be required to pay Borrower aa�:i�terest ar eamings a�itie Funds. - '`�:(��,.:.';�.. :-.•.''�:
<br /> • � .. ' .• <• .. �r,�c�¢.sd Lender may agrce in�rr,�tueg.howevec.th�t interest shall be paid on the Fuy.v�.�,3.ender shal!give ta Borrowcr. ` .�_(`;,:' '.._;�r,f<..` :'"- �'
<br /> �r ��,��`�,;?%" .aii,hai�t c'�ge,an annual accauntitcg c€the Funds,showing credits aad debita to tlie i���d the purposc for whicli eacit '�: �r�•r.:,.;.;.-=:� :
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<br /> .;,��:1.�� !':. .,- ,. .��ebit tb�-�e 3Funds was made. The Fua�s are pledgeA�additiunat�y for atl sams se�u��1Lt�Y this Security Instrumen.� . ...,,,:•:�.:;`, ..�—
<br /> ' ••,i+.�.,{Sr.,��
<br /> �;'`;;��' . . : • If the.Funds I�etd by I.endex exceed the amaunu permittat to be 6eF6 6g ap�Iic�Hle law,Lender shall aocount to Barrower .- �=
<br /> �'::�>`rr . - .. `for the.exc.ess Funds in aacordancc with the requireinettts of applicable law.If"��ri�oant of the Fuads Netd by lxnder at any , _ ,.: ' : ' .. ;�r; _
<br /> ,: tune is nat:su�cieat to pay the Fscrow Items when dcie.Lender may so notify E�:zower in writing.and.in such r.ise Bor�a�ver s
<br /> � � � . shall pay to t.e�sder the amount neeessary to make up[he de�ciency. Borrower shall make up tfie deficiency in no more tfian �
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<br /> .. � , twelve manthlY payme+us,at L.ender's sole discretion. �
<br /> • . � , ` Upan paymart in €uli of all sums secured by this Securiry instntment, l.ender shall promptly refund to Borrower any I �y
<br /> � �. � Funds hetd by l.ender.If..urtder pazagraph 21,Lender shall acquire or sell the Properry.Lender.prior to the aa{uisitian or sale ' � . .
<br /> ` of the PropeRy,shall a&�t}xny Funds hcld by Lender at the time of acquisition or sate as�credit against the sums secured 6y
<br /> ' " ihis Securiry Instrumer.t_ ' i. � =
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<br /> . ' . . 3.Applkatlon ol�ments.��n[ess�applicable law providcs ei�erwisc.all paymcnts r+�..'ircd by i.cndes under paragraQhs '•' , �
<br /> � ���,:•::,�.: �:.
<br /> , ,� 1 amd 2 sTta11 be npplied.tmst.ta ar�}�czpaymcnt charges due u.�.r ttte lvoce:�.:osrd.ta�nmaicts payable ander p�ragrzzEs�t 2; ;,.:•, -
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<br />� � ;'�:�;_ tbird.to interest due:fwartTi.to priaciral due:and last.ta any ta*e�tzr�es�f-"e�:.'r ctze'�;ate: ,. . �.�'`.� .�'
<br />. ...,:;:.. . . . . . .
<br /> •. •,:�•<=• ! 4.Clt�rges;I.lw�s.Borrower�za`[.Qay all taxes,assessmer.s.�c�^�.ar�, fi�-��r:d,s��s�ions attributable to the t'cr�p�4y •
<br /> s . � .. .., , which m�3°a:sin priadty over thf�5:�sriry ]nstrument�aII� ��StM�3�,,f�say�e�:es�or�cocad rk-us,if any. Banawer�;�ay i ' , .
<br /> : ' � ' • these obli'gQions in the manner pro�:c��in paragraph 2.ar if nc�epis�.t i�itiati�^��ec.Serra��"shall pay them on timedireetly ; '" ,, �..
<br /> � � to the person owed payment.Borrower shall promptty fumish to i.cniicr all r.ac�ees af a.'nounrw��be paid under this paragraph. ! '
<br /> , ' ' �- ' lt Borrower makcs thesc payments directly,Borrow•cr shall promptly fumish t�i L:ndcr rececpt9 evictencing t2ie payments. r ' , •
<br />: ' , ' Barrowcr shal{pr��mpQy discharge any lien cchich has priorlty over this Sccurity Instrum�:r.t unlcss Barrawcr:(a)agrees in � �� ,;
<br /> wrlting C�s 2�e payment of the obli�.Ya;a sccurtd by thc licn in a manncr acccptablc to l.cn�t�: tbl cantests in goad faith the lien i �
<br /> . � . by,or�_nds against enPorcemenr c�.`:�be licn in, Icgal praceedings which in the l.en��.opinian operate to prevent the � , .
<br /> � ' � enforcement of�he licn; or(c)secure�;:om thc holder af thc licn an ugrecment�atisfactnr� �a�.ender cubardinating the licn to
<br /> � . , th�s Security Mstr�ent. lf Lendth e'f�ermines that any�rar1 of ihe Pmpe»y is subjcct to a lien which maS• aztain priarlty over , �
<br /> • this Sccurity lnsttument. Lcnder ttrap gtve&�rrnwcr a natire i�cntifying the lien. &�rrawcr shall satisfy thc ticn or takc onc or
<br /> ,�, �;,�:;�, , more of tP:�e attians set forth stbocc aiiti:n lb dayr of'thc giving�f n��ticc. '
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