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<br /> . �. . • . :� . • w or AeceaRer eraoed on the prapertY.and aD eazement�.aFP�� � � ' � ,
<br /> � ?OCrETHER WlTH all the impmvements ao All of • .
<br /> ' : `4� fuw�res aow or hereat�r a part of the pmpercp•A11 cePla�m� �addiuoag shall atw ba covetod Ey dus Se�unry Ias�mesU- : �`4�` .
<br />.. �-� t he foregoing is reterred w in tLiS S�uity I�mm4 as the'Fcopeny.' `; , .
<br /> -- , BORROWE�t COVENANTS that Borrower is tawtLlty seised of the estate herebY conv e y e d a n d 6 a s t he ri g ht w g r a m and `
<br /> �� convey the Frupecry and tLat d►e�roperty is unensumbered. eu�pt for eaa�mbrances �af tesard.Bnrrorrer aanants aad�rill defend '_ __
<br /> ' . , '`� genezaliy the titIe m the Progetty agan�st aU claims and detnaads. su6ject to a�t enwmbrauces of record. :ti,: F<
<br /> . �' '
<br /> ' THIS SECURifX II�iSTRUMF1�tf cambines uaiform cov�tnancs fos na�ona! use and noa-�miform COYCQSQLS �� Wi '
<br /> � m rt"• f:;l:;.�_
<br /> {S YSil3t10i1S b}I j�1�a t0 CO�E 8 ll�lf8lQl 5��� COYCTiC$ p ��• ` - +
<br /> " ��yj CQ�N�$. 81ffI0NlCf SDd�Cf COVBIISlIIL a�II���2S t6�OW8: �� r� �
<br /> � a�fl�YtC�r�¢s•B�no�r shaflpmr�tlY PaY�due the prinsipal �::
<br /> ' '' l.PaymeuR af E4rI¢etpal emd I�eres�:�Y�t �ue uader the Idou.
<br /> � of aad in�erest an the dcht evid�ced Oli du Naae and auY PrepaYm�c and late charBes .
<br /> - ' . �1; Z, �md,q faeTw[es end Tasucanoe- SuDlert w applisa6te taer or to a written waiverby Leuder.Bosrow��s and assessments ( r.
<br /> � _ .; a�e dne uader the Isa�a.or�the IQau is paid in fu11.a sum('Fun�s�)for.(a)Ywi1�t = ,
<br /> *r ��� on the day momlily PaY� aI
<br /> t� ovet tbis Secarity Insa�t as a li�oa the Pmpecty►:N)Y�Y leasehold payments ar ground tents on dte
<br /> - :-� . whicb may a�p' �71 �� ��piemnims: (� Y��Y fIood�P�•if a�r:(e) Y�Y m0��e r ,,'
<br /> ' plilj?LRJI.If 8I1}I:(C��Y�Ol r �.
<br /> �r , ', ��ti; �sa�anse ptemntms.if any-and(�anY sm�s PaY���7I Botrower w I.eader.ia aaeordance witL�e provisions of patagrapb 8.in lieu ; �s�s
<br /> > r e ia9trauce ppemimns.These aems aze called�Escmwltems.'I�ender may,at any►time,coliect and Qold Funds < �E 4 ,�a�,..,.
<br />-- ' .{;-�`�_ : ' of the payment otmortga8 y for Bormwer's essrow r s f'� :
<br /> rr,Iated mmtBaB�loaa ma require ',y`;,{.�,.-�b°.`'
<br /> ' ���'��-'; ia an amouac not w euceed d�e maaimnm�tto�mt a teader fos a 6ederaQy � ,.p:•,��
<br /> � ' a c c o n n t w r d e r t H e f e d e r a!R r a l F..state Seulement procedures Act of 1974 as aiaenGed&am dme to time.12 U.S.C.Seaioa 2601 et se4. :�:{`f;,,%in?�;r.
<br /> '�` '' 2 i tl I 1 1 B.O O�C C t 8 II A I l O I A F U II�S I11 Y.. , ���{F`"
<br /> t`'f� '.� ('R F S?A"D.�1�a n o t h e r t a w t t r a t a p gties w rhe Fand4 sea a lessec amowu. i f so,L r�d e r m a Y. �l► �,•� ,•:�
<br /> — !`"� ,". esdmate �amwm of Fands d u�on t h e b a s i s
<br /> o f c u�d a t a a n A t e�s a a a b i e f- ��.�t i�i-s':
<br /> . ` .,-r an antauQe unt m e�cc,ad the lesser aEaaar.�t.I.endcr may ~`; f'
<br /> ..-, u 4 l u x b l e 1 aw. ° M:_.
<br /> .., estimnms of expcadinues oF fimue Fs�sow Item�or a ffi e r a i s e i a s c o o r d a m c e w i t b a p P� os m�dm8
<br /> , '�•'�i The Plmds s�n ll l t s e h e l d m an�o n��u s e d e p o s i t s are�b 3►a federal agensY,insut��• �tY f , „�..
<br /> the Funds om(�ay the Fscmw I t e�n s. , ^
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<br /> ` ' � ,_�,.*��� Le�er.if Lender i�such an iastit�uian) or in anY L�eral Home Loaa�anlc. Lendet s6a11 appt!► ,.
<br /> ' L,wder may not cLasge Bosroaer for hat�ing a��g the Pand.�.aanualtY a�a►YZmBthe escmw accoum.ar v�y�Sdie Esccow Items.
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<br /> u G ''�:� �uiless Lender pays Boriowet iate��s&e Funds and aPPluabie lav,pem�ns Le�der to make sech a charge.Hoarever.Lender m�► �
<br /> � ;.'�
<br /> ;.,-�_,.•.:" .": - a one�time cLaage for an iadep�ndent real esta[e tax ieportin8 serviceu5ed by Lea�3er in vonnectian with tdjs[oaa. '� ::
<br /> .. . � :•,.�.: .�..� irquire Botcoa►er to pay is made or applicabie law req�tires inoecest to�pald.I.eader shail not be •- r �:'��
<br /> sh
<br /> u n l e s s app l i c aOIe lav�provIdes ashenvlse.Qniess an ag,reement a in wridug.t r k�v e r,t b a t interest shall .'�'����t
<br /> � en s
<br /> •. , `;;+ requ�reA to pay Borroarer any iaterest or eamiags a4 tfr�Funds.Borrower anA I.e�*er maS► 8ree �and debits to ��#�-
<br /> ` • •�?'-' 6e patd on the Autd9.Ixader s6aU give to Borro�,+►i�ont ct�arge,an anrmal accouating af the Ftmds.sR� _�.� -ry -
<br /> � . for aU smns seca�
<br /> �� r � i the Fbnds and dte PuNose for ahicb exsb de6it w t'�e�unds aras made.'l�e Fands ate pledged as additioaal�`y► ,�,_
<br /> ''} � by tf�is S�usity tastrumCn� , ,• .
<br /> : ;,;s,�,;%w,,.:,.,s �;-�:�a be held bYePPticable tacr.�der s�a�accawu to Ba�wer fos . . .,�`;,{ {1z!_'-
<br />`x ..:'i� ��-fsr}�}�;,�.:•rr IBtite PlmdsheW byLeIIder�ocdthe a�.Dm�s Pe .
<br /> ' �� tha ex�ess Ftrads in aocaedauce wdh t3e cequ�n:of applicable Taw.If the ammmt of the P��S he16 Qy L.eader at any nLL'ce is not �"<�-�_,,
<br /> -- . �,,.f,. ees Borrower fn wridng.and.ia surb case F�r�PaY�l.eader . :';�,i.;�;�.;�;,:
<br /> .• . . , ..' sufficient w pay Qte Fss�a�Items when due.i.�rir�z'amy so noti$+
<br /> . �. i wer shall make ap the deficteacy in ao morc than cwx7�tno�►PaY�•� ° , �-
<br /> Ihe amouat uecessary eo�na��A Ble deficiencyr.�prio
<br /> . ';i ':`:� 1.e n d e P s s o t e d i s c r e tion. � �e f n a d w 8 o m u w e c s u l►F u a Q s hetd *�
<br /> „'�r`� .'. •g U p o n p a y t¢e a t i a t L ll o f a[t�s secured b y this Sewr'siy+U�a�m e n�. L e n d e r s h a l l p ro m�'3,y . r .
<br /> U�r �., 21.k�shall acqaite or seU the Properry.L e a du.Prior w t h e a v�r.�i d o n o r s a l e o f d i e A a p e rt y.'s t�a U �r,:-
<br /> ' � `• ,;.� by LeaMr.If,under paraBraPh :.,' ''�-...
<br /> aAa�y�Y Funds held by Lender at�e�ime of aa��isiaan or sale as a cred'u aga�nst t Le sums s e c u r e d b y�Ser�i�Y 1�-
<br /> as
<br /> ' 3. Aypltsmtt�n oP�ymea8s. Unless�,N�abfa law pmvidES otheiwise.aU PaYmeats�eceiveA by F,�der mider paragraybs 1 i
<br /> '�', aad 2 shaU Ee applied:fust,w anY P�4�t�'��0�mder the No�: second.to amoants payable und�paragraPh Z:t�ird.w """" ;�
<br /> ��t ;:r.,,• . �r
<br /> . , :.;:;;),t��;'„�;� inter�due;fa�.w prinsipal du:;:�.t tast.to aay late cbargea 4ae unCer the Note. s�loag attn�utable to tde Pro�r�sY wffisb . .
<br /> � . r ,�; :� 4. CLa�c�,'lden9. Bo7m�r sS2I1 p3y 3U 18xes.ass�.Chsiges.fIIlCS and�p0 � ---
<br /> •'�j. t�rp attatu psimrity over this Seauiry Insutcnen�.�i�old�;ments or ground teats.daisY.Bormwet shail pay these ah�.'�.�adons in ; —
<br /> them on tane directtYto d�e�efsan owed payment ...,,;; -
<br /> ' . dte manasr provided in pan►graph 2.or if aot p�ia d�s manaer.Borrower shall pay •+ _--j_
<br /> ds
<br /> ` . Sorrower sUsill pramatly tumish w L.eader all a^�of amaunts w be paW mider�is�uaSraPh.If Borro�r mages these OaYm�� .- - ,-� -
<br />:u'1�' .:' dtrettiy�IDorsower sball PromP�l►��oo l.ender receipm evideacing ma payments. , .-u,
<br /> ;� �,',." - � ..�."«... 8orrowes snall pmmptly di�d�arSe aaY tien which has priority over this Seqirtty Insmrment untess$orroaer.(a)agreES ia ariting . • ':�.'`;.
<br /> w the payment of�e obUga6oa secuced by the lien ia a manner acceDtaDle w lxader.(b)ooatests in gaod faiQ�the lten by.or defenQs •
<br /> h {� is .
<br /> agaiast enforcemeat of the lien in.tegal Pmoeedl��whir�in the l.�der's opinian operate m pncveat the enforcertseoi af�e lien:or(c) „r�i��t�•:..•'
<br /> ' � .� �' seca�es fram �e hoider of ine lien an agreement sadsfactary w l.ender subordinatmg tbe lion w this Seturiry Insmunem. I�Irender , . , .
<br /> detarmiaes thas any part of the PropertY is subjea to a Hen which may aqain pdority over Q�is Sxarlty Iastruman� Lendet may Bi�c , ;4.:
<br /> Borrower a no6ce ide�f'yiag�he 11en•Borrower shatl satisly the lien or tate one or more of th$r�cdoas set fortD abovo wi�!0 days of
<br /> - � ; ` the gjning of nodce. '
<br /> � 5. gi�rdaa Yro�eetylas�rance. Borrower shaU keep the improvements aow ezistingor hereafter e�on th:Property : . .-�
<br /> ' '��sred against loss by fue.bazarQs included withm the cetm'eueaQed coverage'acA�aay otDar h��sds.inslu�ing Roods o�ftooffiag,for ,.:.•,,,..,.. -�-
<br /> ;.::.`r:.,y..{ ..
<br />;a;,,:.` . , ' ��;fch Leader rWuire9 iasaraace.This insuraace sh311 ba maintained lo t�e �ar� and for me periods tbat Lender r�aires,'i'�: j?;,,,�,:,.,,,;
<br /> _ . .. au�-sra�ce cartler provW�ng tha insuracce s�all be cIlasen by Borcower sub;�erx ta Icnd:t's ap�roval�vhicb shall not be unreaso�bly �• ,1,'tri� j ,:'�.
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