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<br /> TOUfiTNI'.R WITH all die improvements norv or herudter ereclai on the propeny,and all uuements,nppurtenences,and —
<br /> .—. fixiuru no�v on c�reaftcr a pan of ihc pmpcny. All mplaamcros nnA ndditinns shall nlso lw cavcnd by this Sccurl�y = — __
<br />--- inslydmenl.All otthe Porogoing is reterreJ to in ihis Sscuriiy Inelrunxm ns d�e'Propeny.' �--� ----
<br /> RORROWIiR COVIiNANT3 Uiat i3orroxer is InwPolly ufsed o(the csiate hercby mnvey�d and ha+Uw dg6t to gram and
<br /> convey die Propeny nnd ihat the Propeny is uacncumlxr�d,exccp� fnr encumbrances o(rccoN. Onrrax�cr warrams and will �,y-,g:�,.,��F�•--
<br /> -�,.,, defend genemlly Ihe tltle to the Prop¢ny asalnsl;+ll clnlms nnd demanAs,su6Jca to any cncmnhrances of rcrnrd. r `{ - __
<br /> = THIS SCCURITY tNSTRUMGNT combines anifnnn covcnanu fnr naiinn:l use and nomuniform mvcnams�rith Iimiicd � f , -��:.-:
<br /> vadations hy Jnrisdic�lon�o constimtc a unifnrm cccud�y Ins�mmcm mvcring rcal propcnY• r{ ' � �"""_
<br /> ,,; ..w: '�, -.-:
<br /> --- UNI�ORM COV4NAN75. Uarco�rcr and Lcnder mvcnanl ntxi ngrcc as failowx: .- _ -
<br /> -*� 1. Payment of PAncipal nnd tnleresp 1'repapnent nnd l.nle Chnrgc�. Dorrmeer shall pmmpily pay when duo the �J<�` +,y� � �r�
<br /> � � �°7���jYx:�
<br /> principal of nnd int.rcst on�he deb�evidenccd hy lhe Nme anJ nny prcpaymem nnJ In�e rharges due under�he Nme. .fiS ��!Xy,,�,.
<br /> "� 2. Ftimds fcv Txxes s.cd Insurmire. Subj�r� �o appllc,bic law or to a written ���aircr 6y Lcndcr. 13nrmwcr shall pay to tE t"�� ,rs.. . .
<br /> ��-� Lendcr on tM;day nAnthiy paymems nrc due undcr the Nntc,umil�hc Nme is paid in full.a sum('�unds')(or.(a)��earty roxcs };,,Y�F I4S'7;j �
<br /> �-� arA usezsments which may auain pdnrity m•er�his Smd�y Iniuumcm as u lien on t he Properq:�b)yc,v ly Ic.uc ho t d p a ym enu �. � ' , �h; -.
<br /> �' or rt:and rcnts on tF.t Pto •n ,if nn (c)ycad hnrard or m q imurance nmiunss:(dl cut•tlari insuraucc remiunu, i
<br /> �} 8 R Y Y: Y P P� Y P Y > P ' �
<br /> _ iF any:(e)ycady mortgagc imunncc prcmlums, ff any:nnd(q any sunu payab!c by Oorrow�er io l.endcr,in anunl.�:.i wi�h ? r �f}r�,�? ,�
<br />.__{j the p�vvisions of paragraph 8,in licu of the paymeN af mortgage insurar.m prcmianu.Thesv itenu arc caU•d'F.scmw Rmu.' a r �{+s{,;_
<br /> ,!� Len�4r esey, et any time, mlf�et and hoid �unds in nn.nwunt r.o� ro rxcecd�he ma�imum anwunt a Icndcr for a fedzr.dlp =, , �
<br /> _.��� rela,.S mengage Iwn m�y nquirc for florro.mr's escro�r a-coum under the faler,�l Real Gs�ate SetUcnxnt Pnxzrturts Acl of {.:, ,;�,;tsr;,,:,-'
<br /> - 1974 ns,mended trom�ime m tinx, 12 U.S.C.Sec�lon 2601 et seq. ('RESPA'L unless anothcr I�w tiut appiies to ihe Tafxis ; � �s -=�-
<br /> _;.� 5}�it :_
<br /> -a� se�s a Iexur umoum. If so, Lendrr n��y,a�any�Ime,mllec�arxl hold i�nnds ia an a�wunt nm ta esceed �he Iessrr amoum. :-r f r'h t� __�
<br /> '�-- LenJ.r ma estlma�c the nmount of Funds due nn tls basis uf curren�alai:�and�.:�.cor_�.le u�imates af experdi�ures ot fuwre 'F � "�' °1�� ��
<br /> j,.� Y 'c ��yi.t 1 1�;".
<br /> ��p Cscrow Ilcros or mhcnvisc in aaordance with applicable Imr. ��e j�il g�y; *:._
<br /> -- The �unAs shail be heid in an ins�imtion whose deposits arc insnrtd M1y a taarai ngency, ins(rumeNaliry, ar emiq� ��{`����ic���p-,-r„-
<br /> :_:� (including Lender,if Lender is such an ins�iw�ion)or in any�ederal Hanr Loan 6ank.Lender shall a I �he�unJs�o � the � ���� r;�'���_"
<br /> PP Y P•Y ..4Hnv�. :�-
<br /> �y� Cscrow hems.Lender may not charge Dorro�eer for holding a�epplying�he �unds, anaaally analyzing the escmw account,ur _7i z��v a :.
<br /> '� verifyiag the Gscrow I�ems,unicss I.ender pays 6ormwer imerest on the Punds x:d upplica6lc lax•ptrmi�s Lender�o m�ke such ;��ji� � �.t�_-.�
<br /> `^ a cta�.r.flox�erer. Lender may require Oorrou�er to pay a onriime charge forxn independenl real es�a�e iax re�rtiag service �����,��. 4 j-;"
<br /> used d; Lender im m�nection wiih Uils loan, unless npplicable law provides o�hemise. Unless an agreement ic made or ����,F � y �p,-=�.
<br /> `� e limble law rc ulres incerest to be iiJ,LenAar shall not bc re<ui2d to a fiorrou'er an intercst or carnin s on�he Funds. sta 1 '
<br /> PP 9 P• 1 P Y Y B :` }t I�,kd�t.�'
<br /> e:. Bor�owei und IAnA:r may agnti in writing, hm�ever,U�at intcrcxi shall be paid on the funds. Lendcr shall give �o Onrrower. „ � A _..
<br />"`:�� wi�hant eh3rga :m emnual necouming of�he Fm�ds, showing credi�s an3 drbi�s to the�unds and the�+r{vse for ufiich each ' r�.,s,'�.s.:�;=";��
<br /> ���- utci�to tnt funds wm nu�Je.Tiec Fmxin uie yli-0gi-0 a5�dd�G:r.;:sce�:;; 5-.:a!;;ur:.�:::c:J C�this S:curii;1^.=•e-.�m. �ire.�i�T�:l-to..;_.
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<br /> q: 1f the�u�xls held hy Lenke escecd ihe amoums penulual m t�r heiJ Fp npp!icnSlr iaw, Isnder shall acconm t.Oofmwer �f`}� �!��4��+`:_
<br /> 9f<� for�hr exttxs Fimds in a�rordanre with�he rc uiremems uf e Ilcxble la��. If�5c nmount of�he Punds held by Lendrr nt nny �} �; i �.._
<br /> ���U �Ime is Ma sumcizm m pry ihe Gscro�v Items�licn due.Lendcr�may sn�n��ity Lbrron•cr in�vriting,nnd,in such cam➢onm�er �%���9��'f �
<br /> sE r .�c..
<br /> �,c shall pay�o Lender iin:amoum necessary�a make up�he Jeficiency. 6nrrm��er shall make up�he deficicncy in no more �ha�a ;h�i�3 rs3 2?�__:
<br /> �<� unke enmhly p.rynunts,al Ler.der's xo!e Jiscreiion. r�4,f�Kij�.�m --
<br /> 1 Gpon payment tn full of all sunu ucun�l by �hic Sauri�y Insvument, Lender�hall promp�ly refund �o ftarev���er nny , +Wrti�`,S�`Y�, ,;
<br /> �li� �und�hcld by Lcnder.I(,unJcr paragraph 21.Lender shall:i�qufre or sdl�he Propcny.Lendcr,prtor�n�Ix aqnisi�ion or xale ; - jv�t�e� _--
<br /> `}' o(�he Propeny,shall apply any �unJs hcid hp I.ender a� We�ime of acqai�iiion ur sale ac n cRdi�against tht aums saurtd bp �.� 11V`t�". �
<br /> :i ' " }.
<br /> Ihis 3�A�Yllrntion�nf Po n�ems.Unlesc a ilicn6lc law rnviJes ahen�i.e,all i mrrt>itt'eintl b Lender under +n ra hs ��}%t��r' i�y
<br /> Y: IP ) PI P P�Y Y 4� F P ��`{ 4i�p ':
<br />- .;r� 1 and 2 shall bc applfttl: firz�, to anv prcpaymem charges Juc under�he Notc;scconJ.m umounts payable undcr p�aagrxph 2: � - � { �
<br /> - .y third,�o intcrts�duc:founh.to prir.dpal duc:anJ laa,�o any tam ch�rgrx duc unlcr thc Notc. S�jL�o� -�: '
<br /> _';� 4. Chargcs� Uens. Uorrower shall pay all laxes.aa+csunenb,eh«ga-. fin¢s nnJ impnxi�ions auribulable�n�hr Prope�q t f$i; S R� �
<br /> � which may nuain priurity over �his Security Ins�mmem. and kaxhn!d pa}ments or growid rcm+, if any. Dorrou�er sh�ll pay ��} ,' '� ��' '--
<br /> �'� �heu obli a�inns in�hc mannrr roridcJ in ira r.� h 2.nr if nm �id m IFuI nrmtcr.Onrroa�cr�hall a Ihcm on Iim.direCtl �yz �� �•:.
<br /> '= 8 P P• S P P' P Y Y
<br /> �o thc penon ow�cJ paymem.Ilorro���cr sh:dl promptly furn�.h�o l.cr,Jer all noti.ea of an:uunh tn lx paid unJcr U�i.p�ragrnyh. � t tir i�i ?`._
<br /> �;�' If Durro�ret maAec theze p�ymen�s direc�ly.Oorroa�er shalt pr,�.nptic(nmisi��o IcnJer meipu e��idencing�he peymrnie.
<br /> H� 6orto�rer shall promptly Jiah.�rg:an} 4tn which ho.priori�y o�rr�h�c S�yuriq•Imlrumem wdei.8orro��cr. (aingre.a in � si�����y:
<br /> _:_ri�� w�riting m thc paymcnt of ihc��bh�:r.iun urcrrJ by�hc licn in a mmmrr;::.rp�a6!c to LenJcr.�b�a.^t.,i<in gMxi fanh ih.lirn > f�: ..
<br />;;:�N. by. or Jefendc againsl enfnrce+ixm of�he licn in. Icg:d pnttcJing. ��hich in�he Lender'.npinion opent. to prc��cnt �he .'aL�y+�•�lh5•r,.;`�
<br /> '_:'r,�, .-,S�iy'.:^'d.:::
<br />:=:i�� enforeenrenl nf Ihc licn:or(.��ti�cres (rom�hc hoWer�,f�hr lirn an:�grecr,�ent cnisC.�:�or. io Lrndrr wbordinating�h.licn�n . ��e-t17S�';a:..
<br />--'!•.:---��� lhis Sceuriq•Inslrumem. If IwnJcr dc�cm�inc.ih:n:my p:m of�hr Prn�m ia.uhlca��n.� licn��hi.L ma� :main priorin�n�rr `}:�FiSi;<ll'':�:;?;,�:-:
<br /> _l3� lhix$�tiuriq�In,tomrm. Lcndcr may gi�c ISnrro�rrr.�nourc iJentif�fii '::If:rt Bormncr.h.Jl.:�u.lr�h.lien or ieAc nnr��: ' ' .
<br /> q n�ore of Ihc aivn:..�e�fonh aMiec�ei�hin IO Jar.u(iht giem}ul nnu •. � __��
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