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<br /> TU(;�l'iltlt WITH�li thc impro��en�naw cx I�ereafte► a��ted oa thc pro{xrty.r+xl Yl!�N.�1����1
<br /> fittun+ �tw ��r #x�rtitkr Y �wrt ��M' the F►u�peny. All rc;�u�cus acxl �cWi�iwu sh�ll �iw be cu�craJ by thu Sa�urity
<br /> h�uu�umrrl. All af tht furcK��inX i�rcFumi tu in tAls �aurit�r b�t�ot xs the"Pi'operty•" _
<br /> BVIZR{)WE�t t'v�'�NANTS thrt li��e�uwi�i:1s►wi'ully sci+N uf thc c�statc Aercba ��nreyec!uixi h��M ri�itit tu Y�wK wrJ T
<br /> ewney the Pr��erly�+wf tiu�t thc Pn►pcny ic wiencumbtnxl,ex�ept for eruun�Eraixes of nti�uni. Burn�w•cr w�rnuus +ux1 will
<br /> �kfeal�ei�erally d�e tiUr tt>!he Propeny�y+i��t•rl1 cl�in�::u�J dzntiuxls. atlbJ4'�l G/�llY C(ll'UlI1Df71i1Ctti l)f ItIY►(�. _
<br /> TN1S SL'Cl�Rll'Y INSTRl�MENT��+nF+i�x�s unif�xni cuv��ucu.�fur�wtiwui uu ;utJ nwt-ttt�ifunn cuti�us�nts �'tlh linlitatl
<br /> ��ari,►tio�u:h4,juris�U�ti�ui ta cexutitute Y wufunn�ecuti�y ins4tumetu co�'eri��ral prupeny. _
<br /> UN1FUFiAi t`OYENAKS5. &�m�w•cr�xl l.rn�rr�Y�vr��u►e a�xl++�;r�ti�y fi��lk»�: �
<br /> f. W��auat nf FrG�c[ptl�nd iqterWW: PrepMSuxuR wnd I.ate l'l�rQes. BarnuK•er sf�ll proriiptl}• {*�Y whca �tue ttk; -
<br /> principal of arxl i�ucrcst w�the�:ebt evid�tc�d�y thc hois astid uny pr��ynk:u�+�i I:atr�i�L��s dut ur.S�r ttr� :�'cu:. _
<br /> 2. �uutls fus Tsrats aiW[osusaace. Subacct to�pplicablc law�or to a writtc:n w•siver by Lender.Borraw•er stWl p�y tu
<br /> lxrnler wi the�y monthly p�ynxrus arc due u�xier the Nole.until the Pinte is paid in fu11,a wm('Fwxis'1 far:(a)�•early taxec
<br /> atxl�ssescments which n�y attain prioriry o�er this Security liaurumenl:u a lien�ui the Prupeny:Ib1�'euly teasehold paymenu
<br /> or rrow�d r�us on the Praperty,if an��;(cl yeuly harard ur propeRy insur.tnce pr�nuuuu;(d)��c:uly flood i�uurukr pRnuunu,
<br /> if any: lel y�:arly nwrtg�e insursnce�xemiums. if��y:;uid 1� �ny ��p�y�lc by Barrnwer to Le�xler, in occordaixe wiih
<br /> the provisioas of�rigr�ph 8, in lieu of thr paynxnt oF mong�e ieuunuue premiun�,c. These itemc are callcd"Escrow Items."
<br /> Lencter n�xy. �t any timz. collect snd hoW Fundc in an uu�owit not to exceod the maxinwm umount a l�iider fo�a federally
<br /> related mortsage loui may require fos B�orrower's e:�crow aocount u�er the federal Real Estate Settlement Pracedures Act of
<br /> 1974�s anxu�J fcosn tia�e to time. i2 U.S.C. Seetion 2601 et.c�q. ('RESPA'/. unlecc anc�ther law that applies to the Funds
<br /> sets a le�ser�nnwa. if w. Lender may, su any tinx, wUect aixi hold FupQ+in an amount not to exc� the Icsser a�r.ount.
<br /> l.ender nuy estiinate the amount of Funds due cxi tttie basis of cument d�ta suid reauuiable estin�ates at expenditures�f futun
<br /> Escrow ltenu or otherwise in xmrd�cu�e with applic�ble law.
<br /> The Funds stall be held in an inctitution whose deposits are insured by a federr! �ency. instnuncntaliry. or entity
<br /> (including l.ender,if'Lcndu is such au institution)or in mty Fodeta! Home I.oan Ban�. lxnder shall a.pply tt►e Futids to pay the
<br /> Escrow Itemc. I.e�der may not charge Borrower for tiolding aad app�ying the Funds,satnw�lly s�nalyzing the escrow uccount,or
<br /> verifying the Escrow Icemc,unless Lender pays 8orrower interest on the Funds and:pplirabk law pernuts l.ecxler to make such
<br /> a chazge. Howevu,L,e�ler may requin Borto�ver to pay a orc-time charge for an independecu rcal estate tax repoiting service
<br /> used by LadcY in cauxetion with this la�n. ualess applicztsle law provides othenvise. Ur�less an�gr�ement is made or
<br /> �pplicable!aw rcquires intctest to be paid. Lender sha11 not be required w pay Borrower a��y iruerest or eamings on the Funds.
<br /> Borrow•er and Lendet may agree in writing,however,tt�at interest st�ll be paid on the Fw�ds. I.ender st�all give to B�rower,
<br /> without ci�arge, au�wual acco�wting oi'the Funds. st�,ow:�g cs'tdiss as�debits to the Funds and the purpcase fcN which a�ch
<br /> debit to the Fuads ws�s made.The I'unds arc pledged �additional security for all wms secured by this Saurity Instnuneat.
<br /> If the Funds held by Lender excad the amouats peraaittai to be held by applicable law.I.enJer shall account to Borrowu
<br /> for the exass Funds in xcord:u�ce with the requirements of applicable law. If the anwunt of the Funds held by Lender at any
<br /> time is not sufficient to pay the Escc�ow Items when dut.Lender may so notify Borrower in writing.ar�d,in such case Borrd�ver
<br /> st�all ps►y W L.euder the anwunt nacessary to make up the deficiency. Borrowtir shall make up tbe defuieacy in no more thau
<br /> twdve moothlY Paymeats.at Leadet's solt discretion.
<br /> UPon PaYmeat in full of a!1 uuns serured by thi.s Security Irtisttvment. l.ender shall PromptlY refiuxi tn Bomower any
<br /> i •� �.'_" �.�� • Jti..L..lt ' 1 H.� 1«vl�. �f e1M�muicifitu�tK cslw
<br /> ' I'li[�i3 tR'�Y Vy�RlGI.tt.YfsYCI �at�ia�t tt� twnwsW wya�iw���uTv vT w���w.�'��:..5:'j�..wr.�.�Frw- «Z�..�-.�--..�---_� � ..-. .
<br /> of the Prupaty.shall appZy any Funds he{d by Lender ai the time of aoquisition or sale u a credit against tne surt�s se�ured'oy
<br /> this Security Insinunent.
<br /> 3. ApplicatTon ot Payments.Udess applicab�e law provides otherwise,all payments received by Le�xkr under paragraphs
<br /> I �ud 2 sT�ll be apptiod: first.to�nY P�Y�charges due urder the Note: secoad.to amounts p�yable under pzragraph 2:
<br /> third.w interest clue:fourth,to principal due:and last,to any late chuges due under the Note.
<br /> 4. ChRrges; I.ie�. Borrower shall pay alE tues.a5sessn�us. charges. fines wd impositions attributable to the Property
<br /> whic6 crs�y attain Priarity over this Security Incwn�ent. an�l lezcehokt payments or ground reius, if aoy. Sonowa shall paY
<br /> these obligations in the trunner provided in paragraph Z,or if not paid in that mazuier, Borrower stall pay tlum on time direcily
<br /> to the person owod payment. Borrowar shall promptly fumish to Lender�ll notices of amounts to be paid under this paragranh.
<br /> If Borrower m�lces ttxse payir�ents directly.Bonower sts3LL prompdy furuish to Lendes receipts evidencing the p�yments.
<br /> isorrowersi�ali PcumpitY uix:iia,ge s�,y i�c+`.w�:ich��i:.�iiy ati•:.:th:s�:.cu::ty Isut.�ur�..ez:t wnle�sB:�r.�wes:(a;s,^r�9�
<br /> writing to the payment of the obligation secuted by the►ien in a�r acceptable W L,ender; (b)conie.ctc in gaod faitn the liea
<br /> 6y. or defends ag,ainst ent'orcement of the lien in. leg�l proceadings which in the I.ender's opinion operau to prevent the
<br /> enforoement of the lien;or(c)secures from the hotder of the lien an�greeme,�t satisfactory to L,a�des subordinating the liaj to
<br /> this Security Instnuneat. If Lender determines th�t any part of the Property is utbject to a lien which may attain piioriry over
<br /> ttas Security Insinia�ent. Lender may give Borrower a ratict identifying the lieo. Barrower st�all satisfy the lien or take one or
<br /> more of tbe actions set forth above within 10 days of the giving of notice. .
<br /> ' fosm 3G2a 8/90
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