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<br /> , . .. -=., :,;,•�: ' BORROWBR COVBNA1�tTS t�Horru�►ver Ls tawti�liy setsed of the�e �ereby co� aad ba.a tae ti�t w
<br />_��:_:`.� __ gr�t aad oaavey the PraDetts► �d that t3�e Pmpetty is u�beted, except for encumDraaces oY�rd. 8ormvret -
<br /> ' e �vatramts aad avilldef�geaerallY the citle ta @e 8roperty agaiast all claims an�d�aatis.subjocx to aq�r�ces �,
<br /> , �. of reaord. �-
<br /> ::,�: `'�' '�.':�;'� THIS SSCERtITY 1NSi'RIS�iT ao�bia�s�anifo:m aaven�ts far n�onat vse aad aa4�miform cov�ts arit� -
<br /> �• lim�ood vazi�ttoms by j�aton w coastio�.a ebnifosan seauiry�t ouveein8 ceal pm�• •
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<br /> itNtFQ� ['QY�VAPTi'�. �+��+r � Lender�v�.u?ot aa�agcee as foIIows: �'
<br />. ' i- p�pm�t of pri�ml,h�i aad I�YS� Bflna�v�r shall�y�+r�n dae the prlasipal oY,aad iate�st [;
<br /> '�'4' an,the de�t ewidQacaa by the Nute an�laze charges da�ua�xr the Note. �
<br /> .�;�', ^ 2 ��9 p�y�of1�a�.Ia� snd 08��. B aaowes s h s i l i n c t u d e m e a d i m o a t h l y p a y m�a t. �'
<br /> � s��. { cogether with the princ�a] aad �t as set foith in the Nate smsl a�r Iate charges.a sum for(a?���� [
<br /> ,u`t``�' �`,. a�ts levied oz co be levied agaiast tae Ptagerty.ib)te�Ola Papm�ffi ar gcound tents on the Pmpe:t�.and }'
<br /> :.: . :�• :,-� (c) � for msinasoe r�d�aader paiag�h 4. Ia any year.itt whic&�thc l��t must Lmy�a matt$a� �'
<br /> � �.' insu�moe giemium W the Secx� af Hausfag aad Urit�a h'3�dopmsui {°S�`'2T or in aay gear ia wWdi� !
<br /> «`�f;, y premist�Kaau2d have beeat ceqa�e� Tf Y�rsder ati�I�et�f die Sa�itY Ia�* ea��X F�I►� �� �
<br /> "•r, .,.`..• inctud�e�r: f?a smu far the mmuat �a�'e insnraace Pr�m to be paid 6g� m tbe 5�er�Y.�t�:� ;._
<br /> �� ���-; �:� moatLty �ge mstead NF a� � F� if this S�cueia'y � is itdd 6y tt� Soraet�y. �s s� '•�
<br /> , �`�� � : reasoaable ��nas co�he.ae�nedt b�rdie 5�r• E�:for�he�atbty ch�D�►the sec�Y,t�se it�s _'.
<br />-';.�`���;;�1�:��. �e c�IIed`°Fssxow Itaas°aud tT�e ta�€�aid to i�nder aze calted °F.saow Funds.' �'
<br />::::�.t;�f�,;f % Y�,may,at auy time,cQ�aa�hold amo�ts for E�crow Items in an aggc�g� amnunt aot w exoee�d�t�e _-
<br /> K►�`y� �:�py� �mgy b�i�r33 i'Or�CISOWet'S�avv aaonrmt Imde[fIIe tccaF Est�t2 uc ' P�
<br /> � . .`' �. � . Aet a�l�l?1,12�1.S.C.§2601 et se�:an�l impte�in8 teg�a�. 24 C�P�t 3500.as thep mag t�e au�aded frDm ..
<br /> _ ..v:..:��- �ime Ga?;t`;�me E`RFSpA°)+ex�t that the a���,�esenrc pe�itte� by RESPA for��ipated d�stsemeats or -
<br /> , � ;,.,�,., d�� 6efote the Bormwer's PaYmeu�,��e�;�aila�tQ sta,�e acaotmt mai►not be based un a� due far the
<br /> ��. .: �.. .ry�; mo�:�eracce pre�ium. ` ::,. . .;'. �
<br />, � , ...�. If'l�e:�s Le1d by Lender for Fsccow�excea���mmts pednitted oa 6�t�bY RFSP�1.Lender sball
<br /> � aocoimt to�oaower:for the eaceas fimds as� by R�SFA. If tHe ar�auais of�'field by I.ender at saq time .
<br />:<<....._ �i are not anffisiaot to�ap tbe Escrae►.Ite�wIrt�..�e.Leud�t may uoY�!..t�.e�o�taw� �3 re�lui�e.Boirowe[to maYe ' �;,;_
<br /> , V, '�� up the st�ortage as gea�tced t�q 14�A, . . '.: ' . ` , %*;-
<br /> :,=. ��`�;_." 'Ihe Es�xow Funds ate pted�;ia�s attdittanal secudtp fer all s�s�t;fisf��'a�p?rY Ins�a�t if 8ormwer
<br /> +�',x t�,, � t�tders w I.endet the faI!pay���sll sht�sm�ss;Baa�nc�'�accouat sb3lt.tie�>�fhh the bataaoe rema�a$ .
<br /> � � far au�staumens ;c�ns ca>,ro�.a����a��?�����`�,j�at r,�naa nat b� .
<br /> ��, � obHgamed.w pay to�,Seccetary,aad Leadea�A,���`!��d anp e2'..di�s:fia�'Q�t`l�iiw� �elY P�I '�'
<br /> to$f�ue eate d?th�Property or its�� �os�oR�''s-sra�t��Ye c�ed�tei`6:sac�any balanc�
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<br /> �� for all inst t���+±� for Items (a).@).bnd(c) :., , � .,. ,,.:"s..��.'' • ;�
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<br /> U y -�',. 3►;,:;I�plic�un of P�oe�nie. All payments under� �'�2 s�i1�hh��gpiViid by Ixnder as f�l1� � ;
<br /> � , -
<br /> ,li •.�FSS; �� :;+! �,w the murt$age insutanoe premium to be paid�+Ji�¢,�er ta�,�ttEr�s.'�ce►atS►ctt w the moathly c�arge�y�7�_? -
<br /> r.:_ ,;�g ..,:
<br /> '� �� � G�f.the monthly+aw:tgage insueaaoe pspmium: -•�� �
<br /> � ,, s , �. . $OCICtB�I �Siu9uu; IIIl
<br /> -- �.,.,� `f� . SECOND. w�i�nes,sFe�i�l a�sessm.P^*a, teasehotd paymenrs or�rouaa�l rente.and Sre.Aood and other Lar�d�
<br /> ,—. 'r i•%:;'+�'. _,
<br /> .. �`t?;;,. '� iasurance pr�. as x�+ _
<br /> ;, :,, ;�, �D, W inte�+est due�'O�se Note; � "=
<br /> � . .,��: = U TH, to amurt�tion ��;¢9�prIncipal of the Note: and � . � . --
<br /> � � `� .+` •� F F�f ,H,t+o latc c�ges dae undet the Note. '��• ,: ,;� �� �'�,� ,• `�:. .,°
<br /> . ` `�� ' 4, .FI�Ftuod and 09�er Ra�ocd Ia�. Borrower sLaU iasar� all impmvemeats on.tfl�,�prcs�j►�+� __
<br /> ,. '. now`i�.���or subsequeatly ececxed. aga�t aaY&azards• ecasualdes. and ao�ge�ndes. inclu�'a:lEbc�o fo$�'�.r � _.
<br /> , � {��.;; i,e n�i r'a e q a i z e s i u s�u a u ce. 1�i s m s u r a u c e ahall De m�ai�t�ed in the muounts aad for the petied� that �ai!�qr�..�. _
<br /> . :i'�? requires. Boriuwer sSaU atso insure all impmv�ts on the Pmgerty, ahether aoa in cx�eace or�snbs��• . _
<br /> . � ecected. aga�nst tos�•�}r.Qoode to the extent requit�d by the SeQerary. Atl iasaranoe shall be c�ied.with oompa� _
<br /> - � _ .•-� .r�' approvs�i byLenddr. ��he insuranoe.pol3cle�and any c�+a1s shaU be 1ie1#'fiY Lender aa�sball iacinde loss payrble .;.;::•`'
<br /> "�:'—.�,�'-:;�� ct�ses in�avar of,aad fn a farm acceptable w.Lend�. .�: .:. . .c;��--
<br /> i:;..`.•':;'���••.; i '��',
<br /> .:.::'„ ,,�;.�,�:_ : In the.event ot loss,Bomawer shall giveLea4er iffinediate uot�oe by mail. LeA,3�{,a�ay make proof of Ioss ifnot
<br /> � `".:• ..`�: made Barrowet. $ach lnsuranoe co a�►concemed is hereby auth�' � ` atn�d�W m a k e Paym�at
<br /> .,s:,-:.., :.�F PmmPUY bY mP �'.� _
<br /> for sacb la�a directty to L�der,�inste�d of to Bo:rower aad to Lender joWiy. �;ne'•any�t:,Qf the insmance _
<br /> , . . �. :; .;� P� �Y be applied by Lender,ai ite optton� either (e)to the reduct�on of the indebtedness msd�the Note aad -:
<br /> • . ..d . � tWs Seauity Iasuuweat, 1i�st w enY dellnqu�t momnnts appl�ed 1n the oMer in paragrapb 3.and ifi�:to pmpaYa�ent . -
<br /> �:� ...'��.•+ of plimdpal► or(b)to the restQs�tion ar repair of the� Property. Any s�lica�on of the praceeds to the =
<br /> � . �" f princip�t shaU not extend or postpane the dna date of[l�e montblY Payments vWbtch a�referred w in para�� �,ds -
<br /> .• , � ..�`: � change the amount of such payments. Any e�oe�.:;�auce PmcePds aqss an amount roquined to pay all an�dt�'. .' . .
<br /> . �� , .�;';._:
<br /> .. . . iadeDtedness uader We Note and this Sec�risyr�fi�txument shaU fae g�afdG�t�;,tite�enHty legaltyentItted thereto. ..r:•r.'...-
<br /> .� �;,<:
<br /> In the event of fo�eclosure ot tlils SeaauIty��,. �Ji�tiument or other usas�:�t a�tItle to�e Proyerty.tbat eadagtiL�, ���,,
<br /> � " . '::;;':_
<br /> . ,�E�� the indebtedness. all rlght.titT��and interest of Borta�ves�.in and to iBSOraace poi�cles in foroe shaU pass w �. ; :•;;: -_
<br /> ' . . :�{�{1��'�k,: �, Pusd�aser. �: .. . .- . : ' � • �= •', .� ,
<br />_ �l( .�3�1j�t �� �l�..� ��''� �iWMVY �W�/ �►.'��8 �,��. . .
<br /> �� `': l�ofat�. IIouower srialt as�dau�rg►;esPs6lisir,:smil'use the Property as Bormwer's pimcipal resldeace withtn sixtydays
<br /> ;:,'�;•: . '. ;i �' A
<br /> �t�us¢�on of t3��r Yn�^�� (�p�r��r_utyAays af a later sale or transfer of ti�e l�iragerty►I aud sba11 -
<br /> :,�,.�� „ .� `` ; `' ca�t9nue to aoatpy the 8ra�tp as B�mnarer's p�acipat r�Ideace for at least one year after the date of amipai�y.
<br /> •,: � : • .'` wiiess Lender deteimdnes ti�at requit�em�t wll1 cavse nndae hardsbip far porrower, or ualess exm�usting
<br /> . . circumstances eaist ahich are beyond Eo�rower's oontrol. Borrower shalt noHfq�Leader of any extenuating
<br /> : . ,._ t�w u� rs�usr �
<br /> .. 000mm�s�e.me.cwo��s�,w� Fage 2 of 6 .
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