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<br /> . . TO(3ETHER W1TH all the improvementr naw or hereaftcr erected on the PropeRY,und all casements.wPPaAcnrnces.and _`_ --
<br /> ° .. , fiaturcs now or I►cn:afler A pan of thc propeMy. All rcploccments and �dditions ahell alco bc cc�vered by thir 3avriry �,,.,,;i�:__
<br /> ' J In�troment. All of the foregaiag ic rcfcrred tu in �hia Serurity Instn�ment us the "PmpertY•" ��•�-�--
<br /> � BORROWER COVENANTS that Bonowcr is lawfully �cisal of the esta�c hercby convcycd end h�s ihe right to grunt and �;�;�;__
<br /> " .� r.nnvey thc Property an�1 tlwt thc Pm�x:ny is unen�umt+ercd,cxccpt fo�encumbranccs of' ra:c►rd. eurruwe�waRantK and will ---�._
<br /> � defend generalty the title t��thc PropcAy agoin�t all clafm�and demnods• subjcct ta any encumbrunccs aF rcxurd. �_.
<br /> � - � THiS SECURI't'Y lNSTRUM�NT combinrw unifnrn�covcnants for national usc and nan-unil'arm covenents with limit�xl r -
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<br /> • veriationti by jurisdictian tu canstitwc u uniii�rm �urity instrument covering rcul pr�►peny. �,•,�,;�����
<br /> UNIFORM COVENAN7 5.&iROwer u�x! i.cnal�r covenant and xSree sa fulluw.: - -
<br /> ° 1. Payment o�Principal And Inlcrest; Prepayment and I.�te Clwrges. F3��nowcr whall prornptly psy whcn duc the �;,�;:,:,:,..<<__
<br /> ., principal of und intcrest on thc dcbt evidcnced by ihc Natc pnd any prcpuyment und lutc chu�gea duc undcr�he Note. ; ,�
<br />�" ° 2. Funds tor T�ucc.w and I�urance• Subjcct to applicublc low or to u written wniver by Lendcr, Born�wcr shall pay to
<br /> I.cndcr on the day mnnthly paym�'nts urc Juc undcr thc Notc.until thc Notc is puid in full,u sum("FunJs")far:(u)ycurly taxes '
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<br /> and a+sessments which may uttuin priority over this Sccuriiy In�tn�ment as u lien on thc Property:lb1 yearly Ics�sc u paymems : -,�. .
<br /> or ground rents on the P�openy.if uny:(c►ycArly harurd or property insuaui«:p�cmiums; (d)ycarly flooci insuruncc premiums. . .. _ ,::�•,p_:;�c_ _
<br /> •�' � if any; (c) ycarly mongagc inxuruncc prcmiums,if any; And(� �y sums payublc by&�rmwcr to L�:ndcr,in wcurduncc with � _7_4.4 r...,,.,.�• : ..� _.
<br /> the provisions af paragraph 8. in licu oi'thc payment of'mortgage insurance prcmiums.These items�re callal "Escmw Itcros." -��� ..:�,�s�r. ._
<br /> . I.en der may, ut uny t i m e.c u l l e c t a n d hold Funds in An amount not to exceed the mzuimum umount u Iender fix u Pederully �� '~.'.;.�:�':�,,,'
<br /> related mortgage loan muy rcyuirc for&ircower's e.ticrow accaunt undcr the fcdcrul Reul Estutc Setticmen�Prcecxiures Act af �
<br /> 1974 as Amended Prom timc to timc. 12 U.S.C. Scction 2601 ei seq. ("RESPA"),unless unother luw that applies�o thc Fundx � t.���_
<br /> � � scts a Icsscr nmaunt. If a��. l.cndcr may,at any tirnc.collcct and hald Fundx in un amount not to cacced thc Icsscr �mount. � �...�.=:_, ,LL L._—"
<br /> l.ender may estimate�he wnount nf FunJs due oa thc basis uf currcnt duta and rcationublc estimatcs af expcndiwr��x uf future r __ _
<br /> Escrow Items or otherwise in accordance with uppl icublc law. �
<br /> Thc Funds sholl tx: hcld in an intititu�ion whosc dcpo+i�s urc insurcd by u fcdcral ugency, instrumcnwliry, u�cnutY j � ! ��
<br /> (including l.cnder, if L.ender is surh an instiwtion) nr in uny Fedcral Homc Loun Bank.I..�;nder shull upply�he FunJa to puy thc : ��,;�.' -
<br /> Escrow Items. Lender muy nut churge eixrciwer for holding and applying the Furxis,annuully unnlyzing the escrow uccount,or i Tur..,_,
<br /> � . verifying the Escrow Itcros,unless I.ender pays &►rrowcr intcrex�on thc FunJs und applicublc luw permits l.cnder tu mukc�uch t '� �'�`i
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<br /> a charge. Howcver, Lendcr muy requirc&mower to puy u un.:-time chargc fur an irnlependent rcul esu►tc taa rcpurting xrvicc �,,.�-
<br /> uscd by L.ender in conncetion with this loan, unlcsx upplirublc luw provides othcnvise. Unlcsx f+n ugra:ment is m�nle or ; �
<br /> applicable law requires interext to bc puid. Lcndcr shall not be rcquirai to puy Borrowcr uny intcresl ar eurningx on thc Funds. , 4 ��
<br /> Borrower nnd Ixndcr may agrcc in v►•ri�ing,howevcr,thut intcrc+t shall bc paid on thc Funds. l..endcr tihall give to Born�wer. � `{
<br /> .—_ _ !t�ithout chargs, nn annunl accountinu af thc Funds, showing crMlitti ancl Jcbits tu thc FunJs unJ�hc purposc for which csuh „p�'
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<br /> � � debit to the Funds wus ma�ie Thc Fund,urc pleJgcd us addi�ianal ucurity fo��II tiums +ccurcd by this S�tiw ity instrumcnt• � y ,
<br /> ' If thc Funds hcld by l.c.ndcr cxccul thc anwunts permittcd�o bc hcld by applicablc �aw. Lendcr shull accaunt to&mowcr � -:�j �
<br /> for�hc cxcess Funds in u��corJsuicc wi[h thc rcquircnx:nts��f upplicublc luw.If[hc anx�unt uf thc FunJ� hcld by L.cnJcr ut any , ,.5
<br /> timc is not sufficicnt w pay thc E�crow I�crnti wh�n Juc,l.endcr muy xo notify Hurrowcr in writing.unJ, in�uch cau&�rcowcr
<br /> shall pay to Lsndcr thc amount necc.wry to mukc up tlx� dcfcicncy. Borrnwcr shall makc up thc dcficicncy in no morc thun k ,.•
<br /> twclvc momhly puymentti,ut l.cndcr',znlc di,cretion. � ��
<br /> Upon paymem in fu0 ot'all .ums.ccureJ hy ihi+ S��urity In�trumcm, l.�nJcr xhall pnnnpdy refund to Horrower uny
<br /> Funds hcld by l.endcr. 1G undcr pur:�gruph 21, l.cndcr tihull�yuiro or�cll Ihc Proprny. lxndcr. priur u�Ihc ucyuixiuun or�alc
<br /> of thc Prciperty.shull upply any FunJ.hcld hy l.cndcr ut thc timc uf�cyui.ition ur suM u.u credit u�uinst thc�um�ticcurcd by �''�
<br /> this Sccurity Instrument. '. •
<br /> 3.Appllcation of PA)'menls.Unl�ss applicaBlc luw pri�v idc+uth�rwi�c.vll paynunt,rcccivrJ by LenJer under puru�raphs .
<br /> 1 and 2 shall Mc upplicd: tirst. tu any prcpayimnt chargc+duc undcr�hc Nulc: ,crund. tn umount�payuhlc uixicr parugrs�ph 2: t . ,r;.'
<br /> third, to intcresl duc; fiiurth, tu principal duc: unJ last,lo uny latc rhur�cs duc undcr thc Notc. ,�
<br /> 4.Ch�rs�: I.iens. Borruwcr xhall pay all taxc., u�scss�nent,,churgcti. tinc�and im�x��itiun+:�uribmublc to�hc Propeny ,
<br /> which m�y atwin pri��rity ovcr thi� Security Imtrunx;nt. anJ Icu�ch�►IJ pa}mcnu ur�r�wnd r�ntti, if uny. Borr��wcr xhull pay ,. ;.":
<br /> ' . ., thesc obligations in thc manner providcJ in puraErap9�,ur il'nut p•riJ in thal mannrr.Rurr�,wer shul l pa�•them�m iimc Jirecdy ;� ,�ti'`-�;,
<br /> ti��hc pcnim��wed paynun�. Borrowrr shnll pr�x�iptly furni,h �u L�ndcr all arrtir�.uf anwuntti ti�1x� p•rid undcr�his purugr�ph.
<br /> If 8orn�wcr mukcs Ihrsc paym�nl.Jirccdy.[3urn�wcr,hull prumptly lumi.h tu LenJcr rcrripts c�•iJcncing thc paymcmx. .
<br /> &�rrowcr,hall promptly Ji,rhurgc any licn�vhich ha,priurit�•u��cr�hi.Srcuri�y h�.irunun� unlcs� &�rcowcr:lal agrcc�in
<br /> writing to thc paymcnt ot'thr uhligatiun s�curcd hy thc lirn in a manncr uc�cpt�hlc tu I.�ndcr.Ihl r��nlc.t+in gixxl(uith thc lien
<br /> by, or dcl'ends ugain.t cnfarccm�nt ul'ihc licn in, lo�.al prixccJing� which in thc I.cndcr', upininn a�xraic tu prcvcnt thc
<br /> ,�,, entiwccmeM of�hc licn:ctt Icl�ccures fnim thc hul�ler ul the li�n an agrecnknt.a�i.(artun� �o I.endcr.ut�,rdin�ting the licn to
<br /> #�j this Sccurity Imtromrnt. II'l.cndcr dctcmiinc�ihat any���in uf�hr Pru�xrty iti ,uhjcct a�a hcn which ma) vttain prioriry uvcr
<br /> this Securit�•Imtrument. I.cnder ma} ci�•r R�xruµrr a ixnirr idcntil�in� thr Grn Nun•u��rr ,h:ill,ati,t� thr licn or takc�me or
<br /> more��t'thc uctiuns sct limh ahuvc within IU Ja�,��!Ihc �iv�n�;ul nuti.�.
<br /> Form 3028 9�90
<br /> N.�u�1�.�n
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