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<br /> � TOGIETH�R WIYH aq th� hnp+�ov�ns�u now a hNa+ll�r K�ct�d an ths prop«ty, �nd wll sasemente, appurt�nancai, �nd
<br /> �f!xturee now or herawftx+e p�rt of ihe propaty.A!i ropl�cememta and kdtHllons eheN d�m be cavaod by thla Security Instrument
<br /> , All ol ih�lars�pafng�le rtt�rred to in thle S�cwity Inet�umrnt ea ths "Property."
<br /> 130NHtt11W�R COYl:NAN"f; tl;s�t BorrurrM' I9 I�W�l11Iy solzod ot tho esteta hereby convoyod nnd han tha ri�ht to gr�nt c+nd
<br /> eoiavcy tho t'rouciiy amd lh�l th� I�ropciryl:� CI1Ci1Ctllil�JCTCCf, r.accpt tor cecuin��r.nec� ol refm�d. Dat�aeier ein�t.nt3 encl v��:l
<br /> defarid g«�m�Ny thp till�to lhe Pra+�wty�pch nl�N ci�lrnm ond demnnda, eubJect to K�iy encurnbr�naee of record.
<br /> 'fFi19 SECUFiIYY ttJ8THUM�N'f comoki�� unNam cavan�nts 1or n�tlonal uee �nd non•unticrm co•�en�nta witl� Iimited —
<br /> v�lbn�by�url�dkilon to r,onstkut�a unN�xnn t�utNy fnelrumtnt coverMa is�l proper�y,
<br /> UNIFOFiM�OVFNANT9. 8orrawK+�nd t�end+r covYn�nl and�qrne��toNowe:
<br /> �, p�yr�t�n! of Prinoip�l �d IM�rod; Pr�p�ym�ni��nd L.it� Ch�r�ao. eurrower eh�M yrompuy�y wh�n
<br /> due ihe prirsdp�l 01�nd Mtrnet on thr d�t�rvldx�aed by Iha Not��nd�ny prap�ymmt and tale aharpea du�undn Ih�Not�.
<br /> 2. t'u::��'33'E'�.":�' �!t*..9 19l_'�tC1t�e, a,�hf►f?t lo rnp!!r�h!'I�t� nv tn n �rrittm wetvn by L�ftdel. Bonuwer eht�M t�+�Y
<br /> tn L�nd�r on lhs day munthy pMym�nts w dw undar lh� Nol�e, untN tha Nc�t�lo p�ld In IuM,a sum ('Fund�') I�r (�)y�N �
<br /> t�x�s �nd �asnam�nt� whkh m�y rttain prfcxNy uvK 1hI� J�curity ImUUm�ni �9 a Ren un ihe PropKty; (b)ys�ty lateh�ld
<br /> p�ym�nt:ar pround rt�nts on th� PropKty,H �ny: (o) ywry hu�M or propsrty Maur�nce premlume; (d)yserty flaod inwn�c�
<br /> pr�rrdum�,M ony; (y yMrly matpug�Inaumc+pr�xniums,tl�ny;�nd(n�ny auma p+iy�bl�by Borrower to L�nd�r In�ccacl�a
<br /> wkh th�provlslam ol p�nyrnph 8, fn li�u o4 Ihs pa�m�nl of morlqeq� lneurone� pnrr►luma. Th��e 14ems an caNM 'Eoercew �
<br /> ftem�.' I.end�r rn�y, �t �ny tMe, �ntl�ct and t�dd Funds In �n �mount not to swcoed the mRxkiwm amount ■Nndrr 1�a
<br /> ted�r�01y��t�! mortg�gs loan rrNy nquk�tar Burrawer'e e�saow account undv ths fedenl ReU Eetate Settlan�nt Rrucdun�
<br /> Act ol 1874�s snt�nd�d kom tkrw to tYrM,12 U.s.C.�2001 at noq. ('RESF'A'), unle�s anothK Uw that �ppN�u to th�Fund�
<br /> sds � ksaer unount. II oo, Lmd�r m+�y,�t �ny tkne. coleGt�nd hekl Funds In �n urwunt not to sxc�ed th� la��r �nwunl.
<br /> L�nckr may eatfmate the arnount o1 Fund�due an the b�s{a of current d�l� �nd �Mnan�bi� eetYnata ot expendituns ot tutun
<br /> Es�xow Items or otherwlse in�ccord�nce wKh �ppMcabb Mw.
<br /> The Fundu sh�it be fieki h an Inetkutbn whone dspo�Rs us fnaurad by a ietlxd ayancy, Instrument�ity, w 4n1Ny(indudMip
<br /> l.e�der, N L�nder(s euch sn InslkuUon) a In eny F�da�al Hame Laan Bank. l�ncle►eh�ll nppy tha Funds to pay th�Etcrow
<br /> U�rris. LmJer rrNy not char� BorrowK ia hokin9�nd appfyk�9 the Fundt, annu�Ny�n�ybny ths afcrow account,or vKityin9
<br /> thw Fnunw ttemss, ur►t�ss L�ndx p�ys Barowx tntereat nn the Funda end �ppMcable I�w pom�ite LendK to m�k� euch �
<br /> charpe. Howeve►, LendK rt►�y requke @ortower tq p�y o a�e-tlm� charye tor �n Indep�ndent red ntate tax reporGn9«rvia
<br /> used by L�da In con��ctlon wMh this lo�n,unlas appMc�We law provides olhwwtse. Uni�s� an �pra�rt�nt fs r� or
<br /> sppllu�ble irw rsyuk�a internt to be paid,L�ndec sMM not be requked to pay Borrowx�ny inlereat or s�minps on th�Funda.
<br /> BoROwer�nd Lendx may �yree in wrkiny,howe+rer� that htarest sh�ll be pald on the Funda. Lender shall pNs to Barowr.
<br /> without chsrys, �n �nr�w! �ccountiny of tha Funde, showhp credita and debks to tha Fnnds end th� putpoa far wMch Mch
<br /> deblt to the Funda was made. Ths Funds�r�e pbdped aa�dcNUon�9 security tor all sum�secured by the Securlty Instrumant.
<br /> fl tM Funds held by Lendar exe�9 tha amounta pem�ittecl to bs hald by�ppMable I�w. Under shall�coo�x�t to BoROw�r �
<br /> ta the eoccsss Fwuks fn eceordu�ca wRh ihM reyukemer+ta of appi}c�ble Nw. M the�nount oi the Funda hrld by Lmd�r�t any
<br /> 4imme is oot auMclant to pay 1h�Eearow It«ns whan due. Lendar m�y so notiy Bormwer fn wddn9, �nd, b such cara Barowr
<br /> shaN pay to Und�r ih��moiH�t n�asaary to mdce up th�cieAdency. Bortnw�r shaA maks up the drAcbncy in oo mon th�n
<br /> tweNa monthy payrrMnta, t�t lends�'a sote dscrdion.
<br /> Upon payn►�t In tuN aT sM sums seaireai by thls Se�xuity Instrum�nt,LendK sh� prompty relund to Hortowr any�unda
<br /> hdd by Und�r. H,undK p�ragrwph 21. lmcfer sAal acquire or s�il the Prope�ty, Lender,p�ior to the wcquisflbn or saN M th�
<br /> Pno�ty,shY spply�ny Fw�os netu py unoa at the dme oi�cquieioo� or s�ie n� aaoi ay�nsi me aums�m..v or inw
<br /> Securlty Instnnnent.
<br /> , 3. Ap�11iCAt1011 Of P�ym�ntii, Unless �pplicabb kw provldea otherwlae, aM puyrrMnts rscelved by L�nd�r undw
<br /> panyraphs 1 �nd 2 sF►�N be�d: tkst,ta ny pnpu�t chupss due under tha Note; a�d,to �ts p�yrbN u�d�r
<br /> pu�yr�wph 2; third,to htreot due: foath,to prfndp�l dua;�nd kst,to rny kte cturges due under the Note.
<br /> 4. Chir�f; L.1�11�. Barrnver sAdt pay d texes, aasesameoto, ciwges, Ifnes �nd Wnpoakbna �drxxA�bN to ths
<br /> • �Propwty whfch rtMy tlhin p�briry ova thh Searity Matrumerri�end Ieasshc�W prymer�ta�ns yround ronta.H any. Harowu ah�t
<br /> :•puy th+� obNp�Ibns in the m�nner praAde¢i h p�rnyrsiph 2, or if not p�Id h lhat innnner. Barowar ah�N pRy th«n on tlm�
<br /> '`dirodly to the person owed paymant. Baro�wr ah�N Exompty fumish to Lender�1 norica ol amounts to be paid tn�dK thb
<br /> prragraph. M &xra+ver m�kss thus� p+�ynxints dkectly, Bortowo► shaN promptly (umkth to I.ender rooaipts a+AclencYg th�
<br /> paYrn�rts.
<br /> Bc,rtowK sh�promptly dls�harpe eny Yen whh,.h has ptiotity over thla Securky Insiniment unleas_Batrowr: (�) ayrwa in
<br /> :,wridny to th�paymr►t of th� obMp�tbn secured by the Mm Nt a mmnix�cceptabis to Lender; (bJ ecx�teata h good irfh tM
<br /> � �n by.or dN�nd� a�lnst �nfacam�nt d th�Ma� h. NgN ProcMdh►pa which in th� L�ndar'� oP�►�{on o{��N to prwmt th�
<br /> ; ,a�torc�m�nt of tha M�n;or(o) �sa�roe 1rom LM hold�r ot the�Mr► an �graan�nt s�thb�ctory to L�nd�r euhoMn�tlnq�he A�to
<br /> . •i � •� thfs S�drity InstrumKet.If lender deterrr�Mes ihet �ny pat of the Propesty Ia eubHct to a Nen whkh m�y�itaM�prktNy over this
<br /> � Securky Mshum�nt, Lender m�y pNs Borrowar� nWice Idendlylnp the Nen.Bamwer shd satlaty th�Ikm a!t�Uke one or matr ot
<br /> , ths acliais s�t torlh abovs wilMn 10 dayt of tM gMkiq oi notia. .
<br /> . . • 5. H�d or Pn�rty Inwnnc�. 6artow�ahat k�tho knprowrnenls now e�d�tlnp a h�redur encled on th� .
<br /> � ,�H�opRty Insured ��inat bse by ike� h�rds Indudsd wilhin the tertn 'extended cov�+rage" �nd any other h�z�Ms, indu� ,
<br /> ' ��-ilnods a tloodtn9,tor whicfi tcnder require� ineurur�ce_ This lneurnnce sh+�N be m�intrin�d in th��nwunts and ta Ofi��i�►bda ,;
<br /> ,:.,tl�t Lsnd�rsquFea. Th�inRw�nce aieYiu provldinp thb Inguranc�shaM b�choaen by dorrowr su�j�c! to Lender'd �p�►avri• �'`.',
<br /> which ahaN qQt ke unnaso�bly withhdd. •H. 8orttnver iqYs to m�k�tain Cov�ngs dsscribs�l�bov�, 4end«•mwy��t Lmciw�'o ., . �
<br /> •ppUon, ob4aip novenQs to protect lender'e r1�7h1�,�i�the proptYty In acebrdane�a wkh prnynph 7. •
<br /> •. AI! inrur�tl�e poNdsa end tenewds ehatf bC acCaolabiq:to Le�dei end shaM Indude � aunrlard matg�ge cMu;a.Lsnder
<br /> s'h�N have!ht�i9ht to hold Ihe poNdes �nrl �mit4r��. if.�.epda requiroa,Borrower shEiii prompty gNe to Lender M�e�ipts of
<br /> : .;►nW premiulns�nd renew�t noUcea. In tha�rq�t of kfg�,�ortuwer shaN.gNe prort�t•nuNcs to the insurrnce arti�r ap�l Lendx.
<br /> lemier may�maks proof of loss M not rt►wde�.rompty by Barowx. . � ��'` ,
<br /> �. Unksa Lender�nd 8ortower otherviMe��zproe In writlnq, fnsurance prosesds ahall be appNed to;roslaation o�ropair ai the
<br /> ProMrty darn��d,B the reatwadon or�epair h ec!onomiaNy teasible nnd Lender's seculSty Is not leesened.•tl the reatondo� or
<br /> � reprk ts not eccnomica�y tMSibl� or Lender's aecudty w�uk!ba lessaned,the Insurnnca roroceeds sh�M be appl0cl tb th�sums
<br /> aecurcM by this Serxi�ily Inatniment, whelher a not th�n�due, wfth nny exceea pM1ct 3s� BoROwer. Ii Borrower ab+�ndops.the
<br /> Property, or doss not�nswer withk►30 d�ys n notke tYorrt iender th�t tho tnaursnco cnrrter h�s ofter�d to cetrie� oloim, thcn �
<br /> Lentler may wfluct iha Insursince procaede. Lender r�tay lise tha proGOecls to rep�ir or restore the Ptopetty ar to p�y sums
<br /> sccured by thh Securlty Instrummt,whetha or not thm duv. The 3U-dny perlod wiH begk�whm the notice is piven. �
<br /> Unksa 6�nckr �nd Borrrnve► otherwise �gree in wiftktg, �ny appiicstlon ot proceeds to princip�U shNl not exlend or
<br /> poatpone the dus date ot tho monthy prymenty roferted tq In puAgnphs 1 end 2 or change the emount oi the paymd�tn. It '
<br /> undor puxyrapb 21 the PropeAy ts acquked by Lender� D�rtower's rlqht to any insurenco pnYclea and proceeds resuitinp 6ram
<br /> dsmege to ihn PrnpoAAy prior to the aequls[Uan shsE Nncs to lendcr to the extent ot lho sums by this SecurNy�InsUutr�ent
<br /> Irnmedatdy prWe ta tho aco�ulsitlo�l. �
<br /> 6_ Acaunanev_ Pr��ae�ua�lnn. d!l�Intanancs and Aretnellm ni tiu Prnn�ehu_ 9nrrmra�': L�n �.
<br /> Appllcatton;LY�fYhOldi. Borrower GhaN oGCUpy, 85tabNsh, and use the Ptopelty n9 BOROweYB ptitlClpl�l 1'esldefnCe Withln '� �
<br /> sfxty d�ys atte� the executfon of thls Securrip Instrument end shaM contkiue to accupy the Propeity as Barower's p�incl�al
<br /> rrsldnnce for et leost one yenr sfter the �ate of occupancy, unkss Lender otherwise ugrees fn w�idng, which consent sh�l! not
<br /> be unreasoneby wiihheld, or unless extenueting circumstencea exist whtch ere beyond Borrower's control, Borcower shall not
<br /> c�estroy,dam�ye or Irnpak the Propaty, alow Ihe Properry to deterlorate,or comrt�(t wa5to on the Property. 8orrower shoq be In
<br /> dd�utt N nny to►teiture ecUon or p�oceecling, wh�ther civ�or crtminal. Is begun thet In Lender's good fakh judgment could resuR
<br /> In tor(eNure ot the Property or othe[v�ise meterlaNy tmpair the Ilen created by this Secudry Instrument or Lender'e security hiterest.
<br /> Fi31G.LM3(3/99) Pago 2 oi 5 �„� �
<br /> 9G053
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