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<br /> : 6xtit�es nosv ot he[eeMs S p�7t o!thE pl�tiy.All[epl?scmeais STid SddidOits Sh2118Lo 6e covei¢d lry lhis SeCt[�iiy rnatmmee- . ,
<br /> . -h.�=_� All af Ytte faiegoing is tefet�to in thi�Saauiry Inst�ent as ttte'Peag�ty.°
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<br /> .� . , � BORROWEA COVENANPS d�ai Bo�owet ia lav�+fnity seised of t&e estatc hereby cunveyed aad has the right to g�ant aad �� _"-°I.—', ''"`";'
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<br /> = � j convey the�mperty and that tha Propaty is nneacum6e�ed.excePt for e�acumbraaces of record Bormwei warraats and a+iU < , .
<br /> ' dctead geae�ally the dtle w the Pcoperty ag�aia�t al1 ctaim,s and deman�s.subje�[to any enr.nmbr�ces of reonrd. � � �� '.
<br /> ' . ,. TfIIS SF.CURTIY IIVSTRUN�'iNC oam6incs unifntm wveaan�far aaEi�aal nse and non-unifom►coveaants with limit� <.<< <<
<br /> _ - . v�inag ey�n m oansvmtc a m�ifoim seaaity ias�umeru cov�aiag resl PsnPaty. � �< ` "
<br /> "' iti�f3A2dr 4:O�t�tA11SdS.EmrawPr an4 Le�ier coveaiant aa�agtee a4 foItaw� � ' � �
<br /> A. ; . l.Pi�yta�!Off:g'tt3r�tpu!snd Iuterrst3�Ym�t aud Lat�C6�g� Barmw3s shall pmmptty pay when due We . . ` , ,.-_ `.`,
<br /> _ '. . pri�ipat oFaar!�3rarstma th�d�i evl�d 8Y t6�riat�aud aay p�ep�.�►taafl DF3e c6arges dw°an�r the Not�.. ' , - :
<br /> ' . �.F�ds�ma T�end Ia�urano� Subjzct ro appl�ta6le lasv as m a aritt�a waiver by Lender,Barnower shal[pay W ' • ,`;.,:
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<br /> a: I.ender an tLe day►montblY PaYmc�u are due m�the NoU�mu�the PIotz is paid ia faIl.a s�n("Fimds'�for:(a)yeady�es -.. �' .
<br />- � . and a�c�ts wl�irb may a�m primity ova this Ser�uity tnsaameat as a lien oa the Pmparty;N)Y�Y��PaY�� � . --
<br /> � teats on the .if an c ear damrd or msaian�c� E�Y�Y ��'+ R � -
<br /> . gt�� �P�► Y+()Y �3► O�P�Y� P�� Qood'msucance if .<.�'' �
<br /> ' �►Y:(e)Ye�IY mo�ge�s�ae�S.if auy;and(�a�►Y s�as PaYable by Bomuwer w Imdcr,in a�daare aith the ..", �,.����_ ':
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<br /> ' - provisions of patag�apb $.in tieu of the payweat of martgage ms�asace p�niums.'l�ese itetns aie calted"Fa�aw Items.' . , ..
<br /> ` '�` Leader may.as any tim�ooIIest and 6otd Fimds ia�amom�t not m exceed the maximum amo�mt a lendea far a fed�aliy relatEd . -. .-
<br /> �: . ma�t�age�u�y re�qQiie f.as Boimwe�r's esaaw axmmt�mdea the federal Real�state Seulema�t Ptaoed�aes Act nf i974 a9 � .__ . i'.7."
<br />='r- � , . ame�ded fmm time W�Ii�US.C.SeG�on 26l)I et seq. (°RESPA°).untess 2ttar3ter law that agpties to ihe Finads sets a Ies� � - ,�:,.
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<br /> amount If so.Lenda may,�say tt�. coIIect and hol�Fnnds in�affiount not tu exoeed the lesser a�asnL Leuder may �;
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<br /> ` . ..a;:r..1`: �ate the s�aauni of Fmids dae on ihs�Sasis of c�rrent data and�snable esdmates of e�di�ues of facme Bsaaw Itcros ar . ..'��,� `-�=`-�-
<br /> `f'=�`i`�"'`' oth�a�Ls�mzaoa�oe w�h applicabletaw. _ . .
<br /> �`t•`'�,r4t�,��' 'ihe F'�ds shxDl be�i�an�n � ,� '� �i'
<br /> � •,� � whase dq�s�tv ace u�snred by a fedeial ageacy,�s�am�aI�.F ���9(��S 7 �,� ,
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<br /> r. ��.if Leades is std�am i�sti�nu)ar�auy Fa�al Home Loan Bas�.Lertd�sf�sll apply t�e F�n.��y the 89ciow � k` .
<br /> � ;:4,k�<�y; ` Io�ns.Leader v�y Bnt d�Borrowrr fa3 6olding mcd apptymg the Fimds.aonuaIIY analym��cke��or ves3fy►mg � � '� �'�� ;
<br /> .�.�;�;:�,�` ' Qie Fscxow�s.���pays Hmzaower inteaest on tt�e F��md app�cab2e law pem�,�l�s�mder oa�iake sac6 a� ` � : Y�?�°::
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<br /> ;,a,;,'�,�^��. Hawevcr,Iender m�y��ae Bmmwes to yay a one.time cpmrge far�aidepende,nt real�t�c teportmg service ase�6y . _. . ���� ;'�":�:
<br /> Ixud�r m,oaaaecxias�c�lr�is 2oan.�wle.ss agplicable taa+pmvides otheawise.Un��a�t is m�ade os applicable law �
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<br /> ``� . _� c¢��s��st tu b��.p�id;Lend�shaU no16e iequired to pay Bmnower�y�ur�gs on tJie F�Bmmw�and `��. L Y.
<br />_ "'; . ' �dar may a�ee in wr�ttig,tcowever.t6aa intaest shaU be paid an ttea Fands.I.en�t�shal!give,to Bomower.�rnhout c�tuge.m� . ;��`_
<br /> ` -= ''=`� - - �uaI�g t�f IIle fimGs,ska�vt�8 crcGifs aad dahifs to E�e P�ds au8 the gu�ase fot*.-�;.h e�ac6 debit to dte Pands w� -- °
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<br /> � � mada 1�e F�,�..ds�e pledged as additional sec�ity for all sura�ses�aed by this Seaaity Ins�t�t;. �';x�.
<br /> . . 1f dte Fnnds i�eld by Leader exceed ths amo�ts p�miued tn be held by applic�6te law,Le�sball acco�mt to BaQmwea far � � ' �_ ���
<br /> . the exaess Fands in acoo;daase wrtb the caFap�licable taw.If the ame�t of the Fimds held b I�ta ei an mae�S �. : �''�"� '�'���
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<br /> not�t m pay the H9czaw Itea�wheA das.I.e�E�:Qnay so nodfy Bomawar im�r�ing,ana.in surb case Bonoa�r abaU�yr : _
<br /> . :. to I�endea the�noimt aecessary w make op Qte�cy. Bonc�cvea s6all�� the d��cy in no maie t�twelve . . -
<br /> 3 . .•� : • tQODibIY D3yD1Cai8+BtI.Ci1d2J'S SOIB d3St'LCtiOA. � E
<br /> � . � Upon paymeat ia fuD oY aD smas secaxed by t63s S�urity 1n�m-�+�;,Leadea sEni1 pmmpfiy refaad to Banoa+er IIny Faads , ' -_
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<br />- , .: �hetd hy Le�tder.If.aad�p�rapL 21,I.ee�adea shall asquine ar seD the Aropear�;.Tu�dra�prios tu the aal�itian or sale of the ..
<br /> �� . ,.� PmpeitY.sfiaU apPS�►anY Fands hela by Lc�de�at th$dme of acquisiflon or sale�a credit ageIost the sams sec�ed by tbis � ' -._
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<br />_; . 3.Ayplirntt�n otPgymenta Unls;sa applicable 1aw pmvides otheawlse,all payme,nts rec�sd by Leadrd aader paragrapLs � ` ;.�;�..i��.;:
<br /> � :.. . � . 1 and 2 s�aU be a�li�:fust.w any D-'�al►ment c�arges due under tha Nate:secand,w amc�unm payable ondet pa�ag�apD Z; . :,. �::f4;:�., , ;.
<br /> z � � . � @�irA.w int�t dm�fmuth.m principal du�aad 1as4 t.r►any lare c,fl�arges due under the Nota. �
<br /> ` .. •.: . 4.Ct�arg�;Lt2as. BmrawPr shaU�ay aU�.a�n�t�.ehar8es.fiaes aad 'un�os�orss ami'bor��oo the Pmg�rty . . • ;
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<br /> , �_ ,. � wh�cb mai►�in PtimltY ov�Qiis Seartity lasmtmeAt,and Ic�ase�l�paymenb or gromid reat�,i�r�*ty.Bom��shall pay t�ssa ,�.� ���':' .
<br /> . �. �ir:;' '.. obli�on�a iir.tOt$manne,r yravided in paragmph 2.or if noi pzid im t�manae�,Borrowcs s�1T�par�th�oa time d9r�actty II:r me . . .
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<br />`��'�� : . peisan owelr y*�y�enl.Boaowet st�all piomptly fumish ro I,�dcr aI2 notices of amonnm w�t�e pai�rmda this par$gtapb.Il t
<br /> .j'. � . ' Bmmwer mu�s t��ents d�ecdy.Bmmwer sf�p�o.m,�tty fnmisb m LenQ�t�oeipts evidencing the paymatb. . .
<br /> .;�;: ;. �; � F Borm�ver�1:�pra�'�1Y d�ar88�nY llea�which has priori2y ovar this Sectvity lnsaume�t unless Bonowea:(a)a�ees 3n ,: . .
<br /> i� �:�,�Ir-,, . , vrriting m tT��re�at of the oblig�Eion secamd by�e li�iv a�r�t2bla to l.ender.(6�contests in gaad faitb tlle lien _ , .
<br />-r�,. :.,,'`" � , or def�dcs ag2inst enfor�ement of tha liea ln. which ln tha Leadds
<br />:r.i, �';��1`° � . hY �ga1 D�d� L o�inlon oprrata w �ev�t t�e . .
<br /> eafo�ement of tAe liea:or(c)secures fmm the holde:o!t2ie Paus;�m�germe�t satisfactmyr tn Lendea submrdlnr�ing the lles�m
<br /> -, ' thLs Securiry Instsameat It LenQcr dste�minrs tl�aat aay�rt oi�the Acop�y Ls sub�ect tn a llsu whic6 may ats�im paiority o�+ar titis � ;�; ; ,
<br /> � � Se�auiry Insorame��Le�dcr may giti�Bunower a�ai�id2nt�fyeng tha tie�.Bae�o�wer shail sa8sfy the tiea ar ratce ona or mma ` . `.,. ' �
<br /> of the actians set foath amove a+it�in 10 days of the givmg of nonoe. � , .
<br /> - '. ' Form so20�/EO ,
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