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<br /> � �-_-����. . � . _ : � ` � , ` � � 92-- 1a26�7.- � �
<br /> � � ` 9�a�r wmt,u t6e�ora�ao�►a�e�xe0 oa u�e p��pacr.�na vt ess�encs.appu�u��
<br /> . � and fiitu�es norv or haratter�.P�t°�ti�P�P�►'� ��s md sdditians shaii.alsv be covaed by dris Sa�uriry
<br /> ° Iasu�m�eni. AI!af t6e faeavin8 is refeaed io ia this Secutiry Lunument ss�he"�lnopertY•°-. � .
<br /> ` BORRQ�1►FZt`�.'OVEN!►M'S tiiat Barawer is lawfuUy seisod of far encnmb�a as of c�ard. Bonower wa��ran�� .
<br /> md caavey tl�t PbPe�cY and d�t t6e PtopatY u unencaatbemd,e�coept
<br /> wi{t defend Senaaliy the.tltle!o the Pt+ope�ty agaia�t a11 ci�ims and dcm�nds.subject to my encnmMancxs of rocad.
<br /> � 'THIS S�t�t1i'Y �f3STRU1t4�'f'oombines uaifami cove�nts fac mtinoal use tin4 nan-uniform coven�nts with
<br /> ' runited vui�tions bY juris�a�e tac�icute s urufam security itbwment covr,ring raI pmpatY• .
<br /> ' �11�ilFORM COVENANTS. Ba�nower and I.ender cova�ant and agcee a&follows: whea dua d�e . .
<br /> 1.' Pl��nt d Prie�pd a�A I�tecey;P�'ep�l�e�t a�d l.atc CM�ries Bamwer s6a11 prom1�Y WY
<br /> p�iocipal of aad iatemt oa the deb evidenced t►Y the Na�aad aaY N'�WY�ntud late cbarges�nnder the Natc. '
<br /> t EL�is k�7iises a�i I�cG Subjoct to�pplic�ble 1aw a to a writt�n waiva by i.rnder,Bamwrer s6ai!pry to
<br /> Ls�der on tbe dty manhiY P�Y�ts ate due under tht Nate.u�die Note is paid in full.a swn("Iiuds'�far:(a)Y�Y .. :
<br /> tues�eid assesaar�s-�inch m�Y�►�Y ova this Secuu�riity►Inswmau as a lien on ttte Pjoperty:tb)yrulY la�set�old
<br />--- a oeuuts on the Ph�petcy. if my.(cl Year1Y��''d�ProP�Y insannce p�►ums; (d) Ye�►�t°°d
<br />- WI►�� S�b ,�. iutns,�f any: aM(�any wias p�►Yab1e bY' Bamwer to ,
<br />--_ insunnce P►s�niu�ns.d a�►Y:(ol Y�Y�HaB����of the payment oi mortgag+e insnr�nce P�- �
<br /> ' ��in�cxo�d�rce with[l�e prov�sions of p�p�
<br /> items act calkd"Esc�ow.items." I:ender may.at any time.colloct and hold Fwds m an amount not to txceed the ma�cimum
<br />-::� aoro�mt s lender far a feder�lh►nlated mat�8e to�n may�Nire for Bocmvver's escrow accoar+t uader tbe fcderal Real
<br /> y�' , �te Settkment Pmcadoces Act of 1974 as amended fram ame to time.l2 US C§•Z601 a uq.("�PA"?,untess anMAer
<br />_9-= . la�r d�at spplies ta We Rutds se�s a ksser��. If so.t.u�der may,at aaY wrte,colleGi aad hold Fimds ia an amoBnt not to
<br /> =- excad the ierner amamt. I.a�der may esGmate tlre amount of Fiu�ds due oo the basislaw�t data aa�!ieasonzble
<br /> - estim�tes of expnditutes of fntute Esciaw items a dUerwise in xcordadce witb appliabk �. a��
<br />_ T6e Rmds siwil6e t�e1d in an inuitution whose de�its arc insuoed by a federal aSurcY.ia�ru�y�s��y
<br /> (inchding Len�kr.if l.ender is such att�astitution)a in aisy Feder�l Home Loais Sank. Lender shati aPPtY
<br /> the Escrow Items. Lender may not charga Bomnwer for holding and applying the Fvr�ds.annually analyang tbe acro�"'
<br /> ' sccamt,or verifying the Esc�aw ite�ns.unkss I.ender PaYs Barower intenst on the Funds and aFPlicab[e Faw peril�iu
<br /> ��l.eader�make such a chug�. Hawever.Lencter may require Bormwer to pay a ane-time el�arge for an u�dependent real =—
<br /> � e s t a t e t a z r e p rn t in g service use�by Lender iu connoction with this loan,unless�pplicable taw p�ovidec otherwise Unkss an . �. ,�-—
<br /> ' agnement is made or applica6le law requ�ri�s iaterest to be paid.Lender st�all aot be reqaired to pay Borcawer any inte�est or� �k�.:-
<br /> . . earnings an tiie Funds. Bamwer and Lender maY a�e in writinS.howevec that imecest shall bc paid an the Funds. Lender
<br /> 7�-`_.
<br /> un of the Funds,shawing croedits and debits tv the Funds and 11te� �..=.-�-"Y
<br /> � '='���' shail give to Borrower,witt�oac ci�ar8e.an annuat aecaun g ` �
<br /> � ' '='' parpose far which each delsit to the Funds was made. 71�e Funds are pledged as addidonal sesurity for ali sums secuced bY �,; ���=:.
<br /> � .this LutrumeN. oder shall accamt to �;�'��-
<br /> I thef�Faeds f�eld by L�de�euceeQ the amounu permitted to be held 6y applicable law,Le �:_.
<br /> Boimwer far tihe excess Funds in accordance with the re�luireme°u of applicable law. If the amount of the Funds ixld bY v . ,;
<br /> �'� `
<br /> •• j Lender at an y time is not suffic�rnt w pay the Escrow items when dae.LerKkr may so notify Sorrower ln writing.and,in ,r'.:t��-�
<br /> B o r r owa shaIl make u p the _��:
<br /> r �:: ' sach case Sarrower shail paY to l.ender tt�e amaunt nece.csarY t o m a k e u p[h e c k fi c l e n c y. _
<br /> ' :�•_. deficiency in no moce[han twelve monthly payments,at Lenders sote discretion. �.�'�.�`�'
<br /> „- �.., _
<br /> Upon payment in f ull o f a 1 1 sums se.cu r e d b y t h i s S e c u r i t Y I n s u u m e n t,I.e r i d e r shall p r om ptl y refund to Barrower anY :-=' "..-
<br /> `. : `Funds held by Lender. If.under paragraph 21.Lender shall acquire or sell the Property.Lendar.Prior to the acquisidon or . _
<br /> ' �.. sale of the Property.shall apply any Funds held by L,ender at the time of acquisitlon oc sale�a credit against the sums � . t .' -
<br /> ` secureti by this Security Instrument. --
<br /> ?`-- 3. Applkatbn af Pri7ments. Untess applicable law provides otherwise,all paymer��ceived by l.ender undef �L;:;•�;.`t:: .
<br /> '`�' paragraphs i and 2 shaU be applied first,to any prepayment charges due under the�Tmte:seca�'�tio an►ounts payabie under �'r��;:.;: ,: :. -
<br /> ;�.�: ps�ragraph 2;thfird,to interest due;founh.to principal due:and las�.to any late charges�due an�er'the Note. . ,
<br /> .. i;;�Y- 4. Cl�arges:Lieu9. 'Borcower shall pay all ta�ces.asse.5sments.charges. fines and ice�ositians attributabk to the _ •
<br /> us
<br /> . . - property a�:3�may attain pdority over thig Security Insuument.and teasehald payments or grui�d rents,if any. Borrowec +^
<br /> • - shall pay��e obligations in the manrter provided in paragraph 2.or if not paid in that manneti 3'orrower ahall pay them an '.., t,.-
<br /> ' ' 6me directly to the persoa mwed paYmen�• Borrower shall pramptty fumish to Lender all notices af amounts to be paid under . , _
<br /> � .`�' . this paragra�h. lf Borrov��rzsakes these payments directly.Horrower shall promptly fumish to Lender recen�ts evidencing _
<br /> '` '., the payt��.tC�. .. _
<br /> '�,.,,.,:' Bo�.�4'r shall protrrytty dsc[�.r�:�.zy lien which has prioricy over this Security Instrument�u;canteBs s�n gaod fait&h the � � `��
<br /> :�,�,� in writing�a�the payment of the obiigac:��secured by the lien in a manner acce�table to I.eader; -
<br /> • , lien by.ar defends aga�nst enforcement of the lien in.legai proccedings which in the Lender's opinion aperstte to Qreyent the _
<br /> enforeement of the lien:or(c)secures irom the holder af the l�en an agreemerit s�Sactaryr to Lender snborcl:stating the lien
<br /> ' ' r`':: � to ihis 5ecurity Instromet►t. If Lender determines that any part of the Praperty is su-'o;ett to a liea which may attain priority . -
<br /> �;!_ r ,
<br /> '`•�� ' . �. c•�n�.•� over ehls Security]nstrument,Lendea e^`.�y give Honowe�a natice identifying thc lien. Borrower shatl satisfy the tien or take -
<br /> �'`'.�.� � t..: ,r.; .';��"`. one or more of the aa!tons set foAh��o;�within tO days of the giu��.rg of notice. '.
<br /> ' ��;.`''�``'��`.-'�'�� 5. Harard or Property lasut�m�. Hoaowcr shaU keep cE•r.e+mprovements now exissir,g or hereafter erected on i[�e . _
<br /> . ••'*��=-= •:��� ;• � property insared against lass by�rv,hazards included within the cerm"extended covcrage"and any other hazarda.includs�;
<br /> �`�•'�1,'.��"- ' fload.s or ftaodin�,for which Lender reguires insucucce. 'i'his insurance shaU be malntained in the amounts and fm the . ,
<br /> `��;f�;,� F'prm 3�15 9/90 1paYe 2 u/b pu�esl �
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