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<br /> TQQ[{THCR WI'fH ull thc ImprovameNS now on c�rcnllcr crutcJ at thc propcny,nnd nll coscmcnts,appuncnnnccs,
<br /> anA Oxrorts now ot herwttcr n pu�o�dw propcdy. AII rcpincemcros nnd adthlons shail also bc wecrW by tids 3ccudiy - _._____. __
<br /> Instmntent. Allot�hetorcgolnslsmfemdmintlilsScenrf�ylnswmcntas�hc'Pro�xny:'
<br /> � 130RROWCR COVENANI'S Ih�l Borcower Is larvfuliy sciscA of�hc a�a;c hemby convcycd nnd has�ho dght m grzm
<br /> � and convey tho!'ro�cny nnd�hnt the Roperty Is unencumlkrcd,czccpi for cncumbrnnces of rceord. 13ono�vcr�r,.nants end °�
<br /> wlll defend�cnemlly tho titlo Io l6o Propeny ngainst all cialms ond demands,snbJen to nny encumbmnces o!raord.
<br /> TNIS 36CURITY INSTRUMI?NT combines nniform covenams for naiional uso nnd nomunilorm covenams w1�h FSL'.T7;i1�T•'Sse4!t':=
<br /> limital mdadons by jnflsdicqon wcons�liuto n unitonn ucud�y instmmem corering rcai propcny. �`''-"���-`��-•- �—
<br /> UNIFONM COV4+NANTS. Rorcower nnd Lcndcrcovcnant and ngrea as follows: � -:� i�
<br /> i. 1'�m�ens of Pdncip�l and Inler�stt Prcpeyment and Gnte Cliar��s. Dorrotser sha11 promp�ly psy nhsn duc tM �, .r T �,
<br /> pdnclpalo€axslkJr:restonthoAeblevldrneedbythallolonndenypeepaymentandtatechazgesdueunderlheNote. �,.�s�'r �� :_
<br /> ?„ b�Cmds Cce'J�aen axd Insnr�nca SubJcet to nppIlcaUic law a to a xrtten waircr by Lendcr,Dorcower shall pay ro £.���"��r =
<br />_ L:r.skr oa t�:day mo:uhiy paym,^.nts arc duo undcr tFx Nat,amil the Nw:is�aid in full,a sum CS�rt�s')for:(a)ycarly 1 =N,t14 +c
<br />� taxes asd asv:ssmxnu wtiisi�rw atk�tn dorit aver�Ir(s Sxurii inswment as n Iicn on thc Pm n •(b)yeul leaseho!d a'`"'�5"'r' �_
<br /> Y P � 9 P� Y. Y �so c r F -
<br /> p�ymenis cr geound rcn�s oa tih: �'mpeny, i an�r:(c) yeariy Mazazd or propeny insunnce premtums; (d))culy tlood ;�j'y���� �
<br /> insurancc prear[ums, If any; (c)yaady monga3c insurar,ce premiums.if any; nnd(Q nny sums qayablc by Portowcr lo �°'< < k ,
<br /> g ou
<br /> Lender,in accosAnnco wlth the rrovisions of n r� 8,in lieu of�:e nxnt of mon a e ta,vrsnce remiums. 7Lese `;.%'n `''
<br /> W•g Ph WY 8 8 P „ sK�-
<br />= Ilems are csllcA"iscrow I�ems.' Lendrr mn ,at nn «me,collecl a�hold I'unds ia an anwuM mr,io excecd�he maxtmum � ���'?"s'��%!�`?=."`
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<br />_ amount a Iender for n fe..�'erally rc1a�W mortgagc loan may rcquirc Cw Aw�rower5 esrrow ucoum under thc kderal Rwl rtr«... -.c,:::;;.
<br /> &tate Seulement 1'tocedurts Act of 1914 as anknded from lime to�inre,12 U.S.C.�25U1 er se f'RGSPA").unless another '��'bJ`.'-��'
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<br />- law that applies m tlie Ponds sels a lesser amoum. if so,Lcndcr may,aa any timc,callat and hokt 3imds in an amount not to ���r.t;r.����:_`_
<br /> excced the Iesser amoum. t.ender may cstimala the amoum of I�xAs due on Ihe basis o(w.mm da�a and reasonablc +�4r,�a a �,� ,_
<br /> atlmatesotee�_^ndiNres of fmure Cscrow Iicros or oihenvise in accord3nce wi�h applicable iaw. •R±rL;���F:�_
<br />� The Flmfis shall be hetd in an Im�imtion whose deposin arc insured by a fcdaral agency, Insuumcntali�y,or emiry �,y;;��,,�•�z r:
<br /> . (inetuding Lender,If Lend.r is such an inslilutlon)or ia an Pederal Home Wan 6ank. Lender shall e i the 1'unds to a �,ss, z�._
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<br /> eh:Cscrow liems. Lendrr may not chuge Uorto��er 1'cc holdfng and applying the Ponds,annuxlly analyzing ihe escrow „�,;�.xT� -
<br /> � ncnwn6 m��eRfying ihe Eccrav hems,anless Lender pays Qottower in�erest on �he I�nds an1 applicable law pami�s r-�?S�s•'r��'�:;-.
<br /> - Isndcr tn�nake such a charge. Nowcrar.S.nnder may rcquire DoROwer lo pay a ono-tlme ch:vge for an Independent r.al 4.y��F[�;t:j�F��;-
<br /> - esute tax rcpa�ing service used by Lcnder in conna�ioa wiih�hi�lu�n,unless applicab!c law pro�-iAes othenvisa Unless an '1;�7f'!tx.X r,•^'
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<br /> _ agrwmmt Is made or np�lic�ble law requircs intcresi tn Lt paid,Lendcr shall not be rcyuired io pay Rortowcr uny intcres�or y�.f'����r�.'_
<br /> - eamings on t6e Iimds. IIorrower a�4endcr may ngrce in wri�tng,hox•ever,tha�intercst shall be pafd on the Ibnds. Lendcr i•k;!, a,�;,..-�
<br /> = shall givc lo Dortox�er,wiihout chargc,an annuai acc.wr�ing of ihe Ponds,showing crediis and debils to Ihe PonJs anA thc r4�'�" �`<
<br /> =. purpoxe for wfiSch wch debII to�he ILnds was made. 71ie f�mds arc ptrdged as addi�ional security for all sums secured 6y ,��, j« --
<br /> ih:a Scc:�dtr��trument. �� ; _-.
<br /> = If ihz i�i�ads heid by I.ender ezcaed ihe amounls pemiiued to fie held by applicable law, I.ender shall acenum io �FF:e_,,2jp,,.,,.;;'.
<br /> tnnder a�any Ime is�o�sufficlem�to pay Ure Cscro ti l�nurcwhenSdueALender'may so oot'ify Bortower inC n ns nnd,bn -{{�cr�i`` '
<br />-- such cast Uouower shall pay to Lender Ox nmoum n�eessnry ro make up ihe deficiency. Rortower shr.l! m3a up the ` s°t
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<br /> - delidency in no more ihan twelve montMy�apnems,at Lender4 sotr discrc�ion. -_,-,3{.:���i�,;,���;i;:_;�_
<br /> Upon p�ymem in PoII ot all sums suucd by ihis Securi�y Instca:nant.Lender shall promgc4y«Pond to Dorrower e:ry ,< r ..-:_-
<br /> =� Mnds heid hy Lender. If,under paregraph 21,Lender shall acqulre or sell�he 1'roperty,Lender,pdor lo�he acqutsition m- � �`�� �y �
<br /> �• sale of�he{4openy,ahall nppiy any fLnds held by Lender a��he�ime o(acqulsitlon or sale as n credii againct�he sums � ,,.f'a "r -:
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<br />.. securcd by�hls 5ecmt:y Tastcarcent. '��l��d;�ti;Y.r,,,�y:
<br /> _ 3. Appl�extlon n5 i:aqments. Unless applicable law provides othenvise. �II paymems received by Lender under �t:�;x?4�:�,p,*��.-;,,.
<br />-= paragraphs I mid 2 ahall Ce npplted:firs�,to any pmpaymenl charges due under�he Kae;second,w nmoums payzble under ,+�§L�.{��Q -
<br /> _ puagraph 2:ibEsd,to inreres�due:Pounh,�o princtpal due;and last,to any la�c charges due under�t�Note. �;.f,,,y . �� ..
<br />_ 4. Chnrges; Llens. 13ortowcr shall pay nll �nxcs, assessmcnts, cha�gcs, fines end imFsaions auribmable to�he 'a;�r2Arr,�
<br /> - Propeny which may nuain pdorily over Ihis Saurf�y Inswmem,and Ieaseho'.d payrcems or Frour.d rcnts,if nny. 6orco�vcr ;,,4' i-
<br /> �ha11 pay tLae obllgaUons in�hc manner provid.J in pncagraph 2,or if nol pald irt that mnn�cr,Dortoner shnll pay�hem on 3;�`;,J,y �'
<br />_ t+me dircctly lo�he person owed paymem. Bottou,ec s�att promptly fumish w Lenderati notices ot nmoums to be paid under 1�4�=f,r(�E?,,.,.„,,;;_;
<br /> �his pamgr:�S. ]f Qorrower makes�hese�.�yn:ams directly,Oorrower shall p;omp�ly furnish to Lender rcceip�s evidencing (r;; �s"����.� ����
<br /> �hepayme�as. r„rr T
<br /> 6orrm�ershall rom tl diuhar e nn lien which has riom o�r�+his Sccuri� Ins�mmenc�ml�ss Uorrower.(a)a tts ' "+6.�,°
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<br />.= in wri�ing lo�he payment o(�he obligaiian secured by�he lien in o ma�mrr acrep�able io Lendar,(b)cante��s in gaod fai�h ihe _y�i�°�,-x?t�a��==
<br /> - Ilen by,or defends agains�eatorcemenl of Ihe lien in,Icgal pracedings which in ihe LenAerS opinion operate to prevent�6e ;f.;;�((,�{!(f,'�'�{;.f�?i��'
<br /> enPoreement of�he Iten;or(c)sen�rcs from�he holdet of�he lien an agrcemem sati,fxciory�o Lender suWrdlnaiing�he lien . �`M,,"" ."
<br /> = �o ihis Sccurit Instrumtnt. ff Lender Ar�ennlnes Uia�an �n oi�he Pro n is sub ccl lo a licn which ma auain riorit �'�'�'�
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<br /> over this Securiiy Insimment,Ler.A.r«rr.�cire Dovouer e no�ice identi(ying Ihe lien. Oovo��cr shall sa�isfy Ihe lien or ixke ,K._ � y�f�y
<br /> - one or morc o(iEe ac�ions se�fonh nhox wi�hin 10 days ot�he giving o(notice. �j�_�.,y' 'Y",<< '
<br /> 5. I{aznrd or Proper�y insurenrn. Dortow�cr shall kcep�he improvcments now ezis�ing or hercafler crectcd on iLe 1�13F�`�y+�,k;�E t.__°
<br /> Hopeny Insured against 1�>,by fire,hwrds includc<I uithin the�emi"extended co.�rrage"and an}•other hae<aAs,i�ludir.g i , irr�i1� r�.�
<br /> - tlrods or Oooding, (or xhieh Lcnder rcyuires inxur..a;r. 71iis insunnce shall hr nainiair.rd in thc amoc�s-nnd for tha ��ti:�,:,,,.y,�:,,:,,;
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