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<br /> TOQR7IICR W1Tf!all the improvemcnts now or Iwrcaftcr crccted on U�o propeny,nnd ail casemcpu,ap��unennntts,
<br /> nnd fixtures now or hercailer a put of the propeny. All rcpinumems and addhions ahnll also Iw covcrcd Ey�his 3ccudiy
<br /> ___. Instmment All oitho foragoing IsroferrcA to in tlds Sceudry lns�mment ns tho"Proprny."
<br /> OORROWL'R COVGNAN75�het Oorro�ver is Imvfnlly scised ot�ho es�ato hereby eonveycd end has tho dght to grant .
<br /> and convoy tho!4opcny nnd Ii�at�ho I'roperly Is unencumlxn:d.except for encumbrances ot rctorA. 13ottower q�am+nts and
<br /> — will defend gtneratly the ti�le to d�e Propeny ngnins�ell dntms nnA demands,sul�Jec�ta aay encambmnces ofruord. .
<br /> 17i1S SECURITY INSTRUMRNT combines uni(orm covcnants for natbnnl nso nnd nomuNfomi rnvcnan�s wiib .
<br /> Iimitc4 varixiions byjudsdic�ton to wns�iro.ra aanlfomi security instrumcn[mrcring rcal propeny.
<br /> - UNiFOF\2 CQYENANT'S. Boreo�arr�t E.enAer eovenam nnd ngrco as tollows: ... .. _
<br /> L :��mx¢C eP�u7m,i�rL�mf.f:atere�>h'repny�neni anc!Laro Chrrges. Dorto��rr shall promP�Iy,paY,atTi@U iike ttic� � . .
<br /> _ gricci�t4aisndinterestcndrJeheeric'xece<f6yRsTmenr.danyprep�ymentandletechnrguduounder-�heNote. � . .
<br /> kl•n�is.":cr'�T1nRSnotlCr:r.raacw. SuAJectloapplirnbtela�vorton«TinenwaiverbyLender,IIorcmveF,;hall�lyta
<br /> -- � Lender on th;cdap�^a.�'.YeFy paymtnu att due ur.der Ihe Nole,«ntil the No1e is piid in fall a sum("Rnlds")fprr(�Y.)rad9 '
<br /> -_� taxcs and ussz�e�c afiich mny n�min pdority ovcr ILis Sunrity Inslmnmm as a lien on I�o Roperty;(b)pearly lepsc}�o�< - . ;, �
<br />:_�;;� � . y��mzn;s or grour.d ren�s on the Propeny, if nny; (c) yeady I�auM or propeny insmm�co pn:mtnms; (d) yendy tl�� -
<br /> --- t.isum�ce premiums, if any; (a)ycad�mongago Insmm�cc pn:minms, if eny; and(p any snms paynblo by Rorcow�et to
<br /> -- Ler.,�tr, In areordance wi�h tl�o�rovls ons of pamSrnPh R,in Ileu of�ho paymem of mongego Insnranco prcmR�ms, Tllese -
<br /> — ttems aro called"l:scrow Itema: Lender mny,nt eny�Ime.collect nnd hoid Ivnds in nn nmoum not�o oxceed�ho maximuitt .
<br />���=� nmoant n Icndcr for n kdcrolly rclmcd mongagc�oan may rcqniro for portowcri escrow ecsount undcr�iw fWcrpl RCaI
<br /> ----- L+stak Se�tlemen�Procedures Ac�of 1974 as amended from iime m timo,12 U.S.C.§460i e�trq.("R(iSPA"),uNeis anoihet '
<br />-- - ' lew�hat npplics lo thc I�nAs scts a Icsur amount. If so,I.cndcr may,nl nny tima collcct and holJ i'unds in an amoum not to . �
<br /> -=':w� oxcccd the Isscr amouni. i.endcr may esiimetc �ha nmoum o(FwiAs due on �hc basis of currom daia and rcason�bla
<br />-,:,;�� es�lmalee of ex�cndimms of Nturc 8scrox i�ems or otheneise in nccorAsnee with appIlcnbtu Isw,
<br /> 'Ihu Ponds sh�ll W he�d in an Insti�uiion whose deposiis urc InsurcJ by a fcdcrni ogency, inslrumemalily,or eNtty
<br />:;��T� (incl;iding t.cndcr,it t.cnJcr Iv nuch nn Ins�im�loN ur in any pcdcral fiamo La.n�nnk. l.endcr shnll nppiy iho FLnds m pay
<br /> ;�,� thc Cscrow Itcros. I.cnAcr mny nm cha�gc Rortawcr Por hatAing nnA npplying�ltc Pimds,annunlly nnnlyzing t6o escrow
<br /> necocnt, or reritylng iho Curow hems,uNess I.ender pays Dorcower interosl on Iho f•Lnds nnd applicnblo law pemilis
<br /> `- "'i I.cndcr to mako snch n chargo. Ilawvcr, I.cndcr may rcqufro�ortowcr m pay n onc•timo chnrgo for nn fndcpendcnl rcnl
<br />�;_.,���;r., estaie tax rcponing acrvice used by Lender In connce�ion wi�h tlils loan,unlexs nppticablo Inw provides ahenviso. Unicss an
<br />`"�%`:+�{�� a reement is made or a Ilcabic law rc �ires Inreres�to Ix �Id.Lender shall no�Iw rc uircd co a Dorcower an Intcres�or
<br />.,-::»;.�•.. 6 PP 9'� P• 9 P Y Y
<br />:--:.;,+:,��. eumings on�ho I'unds. 6orrowcr and Lcndcr m�y agrcc in wd�ing,howevcr,�hm imcrcs�shnll ba pafd on thc Nnds. 4ender
<br /> ':�_j�;�' shall gfva�o Oortowcr,�vithout chargc,xn nnnual acmunting of Ihc Ponds,s6owing crcdiis nnd dcbiis to�hc�unds and ihe
<br />��'�•�%;i�-`-'- puryosu for whlch cach deb!t to�hc�unds was mad:. Thc f�nds ue picdgcd as additlonnl secudty for a�l sunts securcd by
<br /> �:`�'-'" tLisSecudiylnsl�umenl.
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<br />--���'-���r�_ If the fimds held b�Lender excad thc amoums permfUed lo be held by n{pticablt law, Lcnder shall acca:nt to
<br />;:;�,q:i',;;-- IIarow-sr for ihe excess PLnOS in accoAance wim tne re�yuircmenis oi appiicaoic iaw. ii ins s���visd o;:�a:a�,.'..�.�:.::Ly -
<br /> r;�f�-. Lender nt a�y xur,e is not sufficiem ro p�y the Escrow licros��Ftn due,Lenckr may so no�ify Uorrower in�vr0ir.g,and.in
<br />�-"`y�f: such cnse Dorra��er shnll pay a Lende�the nmoum necescary m make ap the deficier.cy. 6orrotrer shall make up�he _
<br />_�`:���y' de6aiencyinnomorethnnurelremonthlypaymems,atLenderksolediscrc�ion. =
<br /> ;:::es'R Upon p�yment in full of all sums xcured by this Securiiy Insuumem,Lender shaif promp�ly cefund to Baaow�er any =
<br />��'`�"s;;t= Tunel held by Lender. If,under pvagrxph 21,Lender Fha1I acqutrc or sell the Proµny,Lender,prior a the ncyuisi�inn or ,__
<br /> -������+-_kti�, snle of�he Propeny.shall xpply any FLr.ds helA by LenAer al the�ime of acquisition or sate as a credi�agninst ihr mms _
<br /> r�>��- secered by ihis Securiry Insuument. -
<br />'��"_"� 3. Appllcetlon of Paymenls. UNess applicable law providcs othemlu, all payments recci�cwt by L.nder under =
<br /> "'���- 1�a rn hs 1 nnd 2 shall be a I ad:firs6 to an re a mem ch;v es due under the Noir,second,ro unoums xible under
<br /> �.<._ P� S P �� YP PY B p:,.
<br /> pamg�Tph 2;�hird,�o intcrcsi c�e.e:founh,�o principal dur:anct las6 to ony latcchugcs duc undcr�he Nmc.
<br /> -*'...� J. ChargesS Llens. [3ortuwcr sM1all p�y all iases,ac.essmems, charges, fincs and impositions a�tributabte to�hc
<br /> ea: property which may nuain pdority over ihis Securiiy inswmem,and k:ucF.old paymcros or ground rents,if any. Uorro�eer
<br /> ""��s`� shtJl pay thar oSligations in the manner provided in paragnph Y,or IY not{oid in�hal manncr,Dorrowcr shall pay�hcm on
<br /> ' �" time dirceil �o�h. rson awed a mem. IIermtrtrshall rom tl fnrnisA�o Lend¢�nll nolices of an:ooNS�o tx paid nnder -
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<br /> _��S.�' this��agraph. If Oorrower mnka�hese paymems d�mc�ly,UoROwer sh:dl prompilp tumish to Lend.r receiptY evidencin�
<br /> ` the mcnls.
<br /> .,..�:�. , 6orrower shall promp0y discharge any lien u�hldi hat priori�y over ihis Securi�y Inxmmem unlrss IIonower.�a)agrces
<br /> .=- 3t in utiting�o�he payment of�he abligntioa saarrd by�he licn in n manncr aacp�able�o l.cnder,(b)rnrt�zs�s in genl laith�hc -
<br />',''.k>��"�I lien b ur defends a afns�enforcemeN of ahe lirn in,Ic al rocecdin s which in�he Lender➢o mion o ra�e to rcvem the `
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<br /> ,��t ��7( enfoacmeN of the lien;or(c)saums from the holdcr of the Iicn an agrcemenl salisfactory lo LcnJcr sulwrdina�ing fie licn
<br /> ,�, -'i• Io�his Securily Inswmem. It l.ender Cc�emilna�hat Tny pan af�he Propeny is subjeci to a licn which may a�taia p�iorily
<br />��'��7��="` ' over�his Scauriry•Inslrumem.Ler,der may givc 6ortowcr a na�ice idemifying Ihc licn. Uortmrer shall salisfy�hc tien w Iake -
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<br /> - . one er more of the x�ions set funh abore wi�hin 10 dayx nf�he giving of no�ice.
<br />� r`�:�;*' S. }lamrd or Property insuranre. IIorcower shall keep thc improremems now ezis�ing or hereafrcr.rected on�he _
<br /> '-•�;��4" Property inzurcd ngainst loss by firc,hatards indmkd wilhin�hc Icrtn"rstrr,Jed co��engc"and any olher hazarAs.inclndinb
<br />�'�?':`.°-<.'�� floods or Oooding, for which Lender rryuire. imurance. This insuranee shall be malnlainrd in Ihe amounts ar.d for the
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