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<br /> 96- �,I�9�'9
<br /> 'I��TN�It !�li1'N et! !!,a!���rnvcl���!�!4 nnw ar h�r�►fwr crcctcd u�r�ho uresurrty. mid ull cascnicntq.nPP��ctstit►nces,and E;
<br /> IlAhlfd9 IIOtY OP�tL'PG�1�[C?ll�11f1.Qf lll0 jiPOj}Lt�ly.A�I(CpI'ICC(1101119[?f1ll[tllflltl0119 F.�IRII[lISO{iC CCIVf.fcd by tl�is Sect�eity IissUUmc�u.
<br /> Nl af ti��forcBol�a i�refc;��d u�in tiii�i Scceietty I��,tri�iiicsri e�U�o"f�rn�ti:.sdy."
<br />� AOREi�WRR CQVLNAN'i'S timt Dorrowcr is lnwfally scisc.�l of tfto esUtto tu:rcby ennvcycA nnA hnv tlto rlgh�la grcuit uncl
<br />� convcy thn Property �nd that the Praperty is uncncumbcrcd, caccpt for cncumbrwiccq of rc�cord. Durrawcr wurranGv and will �-
<br /> defend generatly the dde ta tho Property egafnst uU clnims and demends,�ubJact to uny cncumbrattcos of record.
<br />� THIS SECURTfY INSTRUMENT combines unitorm covenant� for nadanel uso and npn•unlform covcnunts wilh limitcd �
<br /> vasiadons Ly Jurisdicdan w consdwtc a uniform sccurity instrument covcring rcal property. E
<br /> UNIFORivi CUV&NAIVTS.IIorrnwcr a�zd I.ender covcnant And a�cc us fnllo�vs: �.
<br /> 1.I'AyRltilL 01 ITlI1C1�A1 YDU 1pICTlS[��TEpAyIIOC�t YRG 4MLC l.nM�(�C9. nuiwwci niuui pauiiiNuy N"ay wu8u uu6 'u`w =
<br /> princlpal of and interest on the debt evidenceci by the Note nnd Any prepayment and Inte chsuges due under tha Note. __
<br /> 2.Funds tor Taxes and Insurance. Subject to applicublo luw or to a written waiver by Lender, Harrawcr sh�ll pny to �
<br /> Lendcr on the day monthly payments are duo under the Note,undl thc Now is paid in full,a sum("Funds")for:(a)yetuly taxes ___
<br /> and assessmcnts which may attain priority over this Security Instrument as a ll�n on the Property;(b)Yc,��rlY lensehold payments -_
<br /> or ground rents on the P:operty,if any:(c)y�arly hazard or pro�erty insurance premiums;(d)yearly flood insurance premiums,iF �
<br /> any;(e)yearly mortga�e Insur�u►ce premiums,if any; end(�any sums payable by Borrower to Lender.in uccordence with the
<br /> provlsions of paragraph 8. in lieu of the payment of mortgage insucance premiums.lfiese iteros are called "Escrow Ieems."
<br /> Lender may,at any ame,collect and hold Funds in en amount not to excee<1 the muximum amount a lender for a federally related _
<br /> mortgage loan may require for Sanower's escrow nccount under the ferieral Real Bstatc Settlement Procedures Act of 1974 as __
<br /> arnended from time to time. 12 U.S.C.Secdon?b01 et seq. ("RESPA"),unlcss enother taw that npplies w thc Funds sets a lesser
<br /> omoun� If so,Lender may, at any tima,cnllect and hold Funds in an amount not to exceecl the lesser amoun� I.ender may _
<br /> estimate the amount of Funds due on the basis of current data and reasonable cstimstes af eapenclitures�F fuwre Escrow Items oz =
<br /> otherwisc in accordancc with applicablo law.
<br /> 'lhe runds shall be held in an instiwdon whose deposits are fnsured by a federal agency,Insaumentatity.or entity(including
<br /> � I.cnder,if Lender ia such an inssituflon)or In any Federal Home Loan Benk.Lender shall apply the�unds w pay the Escrow =
<br /> ltema.I.cndcr may not cnargcs Rorrower for holding nnd applying Ihe Flmds,annually analyzing the escrow account,or verifying
<br /> �� the Escrow Items,wdass l.ender pays Bo�7ower interest on the Funds and appllcable law permits I.endez w mnke such u charge.
<br /> Howcver,Lender may require Bonower to pay a one-dme charge for an independent real estate tax repaning servlc�e uscd by
<br /> Lertder in co�mecriun with thls l�an, uniess applicable law provides otherwise.Unless an ngr�ment is made or applicable 1aw
<br /> cequlres intuest t�ba paid,Lender shall noi bc requircd w pay Borrowcr any intcrest or camings on the Fund9.Borrower and
<br /> Lender muy agre.c3 in wriung,however,that interest shall be paid on tha Funds.Lender shaU give to Bonower,without charge,an
<br /> " annual accnunting of the�unds,showing credits and debits w the Funds and tha purpose for which cach debit to the Funds was
<br /> � made.'It►e Funds ere pledgGd as a�Itiitionai security for aii suma sc6w�ui oy ui;��ea:uiiiy L�sua��c��i.
<br /> If the Funds hold by I.ender exceed itie amounts perrttitted w be held by applicable law,Lender shall account to Bonower for
<br /> the oxcess Funds in accordanco with the rec�uirements of appGcable law.If the amount of the Funds held by Lender at any time is
<br /> , not sufCcient to pay the Escrow Ttems when due,Lender may so notify Bonower in wriqn�,and,in such case Bonowa shall pay
<br /> to L,endu the amount necessary co make up the dcficiency. Borrower shell mako up the deficiency in no moro than tvrelve
<br /> monthly payments,at L.ender's sole discntion.
<br /> t Upon payment tn full of ell swns secured by this Sccurlry Instrument,Lender slu�ii prompdy refund w Bonower any�nds
<br /> � held�y Lerrdu.If.under paragraph 21,Lender shaU acqutre or seq the Property,Lender,prlor to the acquisidon or sale of tha
<br /> Proputy,ahall epply any Funds held by Lcruler w the dma of ecquisition or salo ss s crcdit against ihe sums socured by tt►is
<br /> ' Security InstrumtnG
<br /> �, 3.Applic�tbn of Fnybnenta. Unless spplicable law provides otherwise,ell payments rcxeived by I.ender undcr paragrephs
<br /> .. 1 and 2 shaU bo applied:first,w any prepayment charges dua undu the Note;second.w amounts payable t�nd�r paragraph Z;
<br /> � � third,w 6uerest due;founh,W princlpal due:end last,w eny late chargea dut+undu tho Note.
<br /> 4.C6�rga;Lkns. Bonower shall pay all taxe.v�asscssments�ctwrqes. fines end irnpo�itions atuibutable w tho Property
<br /> which mny auain priority ovcr�his SccurIty Inswment,end leasehold payments or ground rents,if any.Borrowu shall pay thesa
<br /> *, obligadons in the manner pcovided in paragraph 2,or iP not patd in that manncr,Boaowu shall pay thrm on dme dlroctly to thc
<br /> pGSOn owod paymcnt. �3orrawer shall prompUy fumish W Lcnder ull nodces of omaunt�to be�aid under this paragraph. If
<br /> ` 8nnnwer mak�s U�eso oayments dlrectly.Borrower shall pmmpt�y furnish w I.ender receipts evidencing the paymertts. _
<br /> , Houowu shall promptly dischurge nny llen which hav pr�odty over this Sxwrity Instrument unlcss Borro�vcr: (a)agras in
<br /> wridng w the payment of the obligadon secnred by�he lien in a manner acceptable to Lender;(b)wntests in good faith tho lien
<br /> by, or defends ageinst enforcement of tha licn in, Icgal procecdIags which in tl�e Lender's opinion operat� to provent the
<br /> enforccment of the lien;or(c)secures irom thc holder of the licn en egreement satlsfactory to Lcnder subordinath�g the lien to
<br /> " this Socurity Instrumen�If Lender detcrmines that m�y put of tha Properiy�s subjxt to a licn which muy ettain priority over this
<br /> Security Instrument,Lender may givc Bortowcr a nodce idcntifying the lien.Borrowcr shall sat�s!'y thc Ge�or takc one or mora
<br /> � c+f the acdons sct forth above within IO days of the giving of nodce.
<br /> Form 3028 9/90
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