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<br /> -- � TOOEIFIER WITH �th� Nnprov�n�nt� now or hKMItK�nctKl on th� prop�rty� �nd �1 M�«nmt�, �PPurt�noN��nd
<br /> --- • 'tlxluno ROW Of hMMRM�{W!�1 the prop�Ay,A!I npMam�nh rnd�dclNkme eh�ll�lso be co+rKad by thly S�curity Mslnxne�L ,_ �
<br />-";�io � AN ol th�la�ok�p h rMwr�ad to!n tM�Security Inttrumenl as th� "Propaty.•
<br /> :}�� BORROWER COVENAN78 thtl BorrowK i� I�wluNy �Nz�d of th� �i�ti hKrby eenvy�l snd h�e th� dpM to prant�nd
<br /> convr�r th� PropMy and th�t th� Prop�ly I� un�ncumb�rW, �xc�pl for encurNx�ncn ol r�cord. 8ortowK wiur�nls and wM C�
<br /> ,�' dM�nd pMI�nIMy th�tNM to th�PropMy�Winst�M d�kns�nd dwrru�ds, wbj�ct to�ny�nwmbnncM of ncwd. �O
<br />._'�� THI� 9ECUfil7Y IN9TRUMENT combinM unMonn cov�n�nts lor n+�tbnal us� and non•unNam covm�nU wlth Nmlt�d
<br /> �� wrldlons by judsdk�llon lo con�tkut��unMortn�scurlly inttrummt covKkip rnl prop�rty. �
<br /> UNIFORM COVENANT9. 9orroww�nd L�nd�r wv�n�nt�nd �yrw��foMowc
<br /> 1. P�ym�nt a� Princlptl �n�i InbnM; Pnpayni�nt�nd L.�t� Chup��. Borrow.►.n•r�romP�N pay wn.� d
<br />�-�� due the prh�clpd of�nd fntu+�t on th�d�bt wid�nc�d by the Not��nd�ny prepayment and Mt� chuqef dua under th• Not�. � �
<br /> -- 2. Fund�for T�x�� �nd Insur�nc�. SubJ�c.i to �ppMc�bk Mw or to�wttttsn w�Ner by Latdx, aorrowK sn.W P.y �
<br /> -� to UndK on th• d�y monthy paymmts u� du� uncNr th� Nol�, until th• Flola le �fd {n ful,a �um ('Fund�') tor: (a) yMrry
<br /> taxa�nd �aa�tsmmts whloh rt►�y att�in priodly over 4hM S�curity instrument �a � I{� on th� Prop�ty; (b) y�u1y leawhold
<br /> _ p�yrnmte or pround renb on th� Property, fl any; (o) yMrty M=ard or propaty Ineur�na prMnlum�; (� ywuly flood Irtsunna
<br /> pr�►�lums,R�ny; (e)ye�rly martWOe In�urnnc�Promfums,M any;�nd(��ny sume p�y�bN by Borrower to Und�r In�ccordmc�
<br /> wRh the provislone o1 p�r�qnph 8, in Neu a1 tha pnyment ot mortq��e Ineunnas prernk�ms. ThKS kwr►s an ceN�d 'E�aow
<br /> Item�• L�ntNr rrny, �t �ny tkna, coAect �nd hold Funds In an�mount not to suca�d th�rt►�xknum �mount • I�nda tor �
<br /> fsd�nMy nlatsd maty�qe lan rru�y rpi+ks tor Bortower'e eaaow �caount under th�IsdKal A�al Entat�Settlement Proceduroe
<br /> Act ot 1874�s�mended hAm Um�to tims,12 U.S.C.� 2001 et aeq. ('RESPA'), unlei� �nother I�w th�t �ppAes to tha Fund�
<br /> � sete � leseer amount. It ao, Lender m�y, �t �ny 1Nne, coNect�nd hold Funda In en �mount not to exce�d th� leaeer emount
<br />;`�� Lender trny �tiMiut�the emount of Funda du�m the baels of curtent date snd rs�sonaNe eetim�taa ot expa�ditures of tuture
<br />�:'_� Escrow Items or othuwlae In accord�nce wkh ap�picabfe law.
<br /> The Funda ehdl 6s held In �n InatkuUon whose deposRa�ro Msurad by�tedenl�pen�y,ktetrumenG�lity,or�rntity (i�dudinq
<br /> — Lender, !t Lender Is auch �n Instkutbn) or in �ny Fedsrd Home Lan Bank. Lend�r eh�ll �pply th� Funds to pay iha Eawow
<br /> _:�„� fteme, lender ma�►not charpe Borrowx 1or hokMny�nd�pptying tM Funds.�nnu�lly u�ayzinp the eacrow�ccouM,or veril�ing —
<br />_:;� the Escrow Rems, unbsa Lendx pays gorrower intercst on ihe Funda wnd a�llable bw pertNts l�dar !a malca� euch a
<br /> ctuuge. However. Lender m�y require Borrower?o pay � anttirc�e ch�rpe for �n independent re�l esLte Ux repoAing aervlco
<br />:=;.�i uaal by Lender {n ccutnectlon with this loan, un�osa applicabim q�w providas otherwise. Unleaa an �greement la made or
<br />,:.� a�plioable Iaw recjitiroa interest tre be gaid. Lendor ahaN not mo r�quirEd to �ay 9nttower�nN knterost or ee�mings on the Funds.
<br />-�-� Bairow0r�nd Lender may�proo in writ!n�, hawever, t�t inlerest ahAll Go pald on iha Fv�ds. Lender st►KA gfva to Hortower, _
<br />��� wkhout chuqe, an ennual accounting af the�unda, showing croans and�labfto to 3Ae �unds and iTee ru►poso for whloh eacn
<br />�;���?'� d�bR to ths Funda wa� mado. The Funde Are pledged �e kdditlonel accurtty 1ar all aurrta sacureci by 1l��SECUriiy InaVumen4 _
<br />__ It the Funde held by Lender exceed the emounta pamitt�d to be hold by applic�ble kw,Lender afie)i account to Bortowr
<br />:•-:��+e� fa 1he exeerse Funds In accordance wfth lha requfremente ot�ppfla�bla I�w. If the amount of the Funds held by Lender�t any
<br /> �`� tlme Is not sutAclent to pay the Eecrow Items when due, Lender m�y ao notlfy Borrower In writlnp,�nd, In auch c�e� Bortoww
<br /> ehall psy to Lender the�mount neceasary to make up the deAdency. �orrower sh�N mdte up th� deAcleney In no more th�n
<br /> twelve monthy paymente,at Lendx's sole dlecretlon,
<br /> � Upon payment fn tuM of�II suma secured by thle 9ecxi�ity InaWment, Lender eh�M promptly rolund to Horrowx any Fund�
<br /> hd3 Gy Lbridsr. if, undra p:r�gr"..ph =!, Lendef ehetl sg�!!fw nr w�the Property. Lendar.prla to th��cquleftion or sale of th�
<br /> -•-- Prapaty, aheN appy�ny Funde held by Lendx at ths tkne o1�cqulsFHon or e�k u� cndit��M+st the aums aecursd by thb
<br /> = Security Inetrum�nt.
<br /> 3. AppIICNl011 of P�ym�nh� Unl�s� npplkaWe ww provid�s oth�win, RM p�yrn�nh ncNv�d by L�nci�r und�r
<br /> _. pnrR;raphs t �nd 2 sh�N be�ppN�d: fint, to�ny pr�ym�nt chvp�s du�unda ih� Nol�; twaid, to�maunt� p�y�bN und�r
<br /> prnpraph 2; thkd,to IntKnt du�;fourth,to prindpN du��and lasl,to �ny I�t�chupN dw undK th�Not�.
<br /> 4. Chary��i U�M. Borrowa �h�N p�y NI tuns� ��sM�m�nt�� ohupM, M« �nd Nrpo�INon� �thilwubM to tM
<br /> P�nprty whlch rrMy�ttaki prlority ovK thl� 3�aurlly In�Wm�nl,Rnd Iruhold p�ymmt� a pround nnt�� N�ny. BarrowK�h�l
<br /> p�y th�� obNpNbn� In th�m�nner provkMd In pw9roph 2,or Y not pNd M th�t m�tx�M,Bortow�r�h� MY th�m on tMn�
<br /> ---—� dk�ctly to th�P�on ow�d p1lym�nt. @ott�er �h�N P��'�PdN fumiah to L�ndw luml�uh to L�nd�r i,r�b wldKldnp th� _
<br /> � pupnph. I} Bortoww m�lca lhs� p�yr►wnb dk�cty, Bortoww sh�N prornpdy
<br /> �
<br /> � BortowK�h�M promptly dlsoh�rp� �ny Mm wh�h h�s prlodty ov�this 8�writy Instiummt uM�s� Borrow�r: p) �9n�s„
<br /> wrilk�p tn tha pryn�►t of th� obYpatbn eecund bY th�Y�n In a m�nnK�oo�pt�bM to L�dK; (b) oontKte fn pood fl�llh th�
<br /> N� yy, or del�nd��yMnst mloroemmt of th� W�n In, Ipd proc�linp�wl►lah In the Lendu's opinbn oprat� to prevent th�
<br /> e�taaertMnt ot th�M�n;a(a) sacure�hom th� holder o} th�Uen.an �prs�nMnt wd�f�alory to LencNr subordin�tlnp the N�n to
<br /> thb SeauNy Instrum�nt. If L�nd�r deterrtihea that my put o1 the Property fs subJ�ct to �Nen whlch m�y attWn prlority ovr thh
<br /> -- Seourity Instrument, lend�r may yhrs Borrowx a notice Identlyk�fl the Yen. Bartow�r eh�M e�tlty the Men a Wa on�or mor�oi
<br /> tha�cNone sM forth�bov�withln 10 dRya o1 the qivk�p ot notla.
<br /> 5. Hazard ar Prop�rty Insur�nc�. BarowK slw kNp th�kriprovan.nts now alatlnp or henaR.r�nat.d on tM
<br /> "— Property Insurod �p�kist loas by Are, hwrda Induded within th�tertn 'sxtend�d covenge' �nd�r►y oth�r fwz�Ms. fndud�nQ
<br /> 1looda a tloodinp,tor whlch Lendar requiroa Inauru�ce. Thla Insumca shaM M m�ntakied In the�mounte�nd tor the p�rlodt
<br /> that Lender requkn. The Inauranco artk* provWinp the Mwr�nce ehaN be chos�n by Borrower aubj�ct to Lend�r's �pprov�
<br /> whkh sh�p not b� unreasonat►ly rvithheld. It Borrowx f�Ye to m�lnuln cov�rap�d�ufb�d �bov�. Lends' maY�at Lmda'�
<br /> • opUon, obtafn covenqe to protect Lsnder'e riphts In the Ropeity in accord�nce wkh p�npr�Ph 7.
<br /> Ap Insunnce poNdes rnd ronmvda shaN be �cceptabb to Lender�nd ehaM Indud� a stand�rd mortgape dwse. Und�r
<br /> eh�N have the riyht to hold the poNde��nd renewda. It Lender tequkes, Bortower ehrN promPtlY 9iw to Lend�r UI ��a�pts of
<br /> - — pdd pramlum��nd ren�wal noUcas. U the event ot loea, Bortowx ah�N qNe prompt nodce to the fnsur�nce ceirtix�nd Und�r.
<br /> �`'�� LendK may m�ke prool ot loes R not m�de promptly by Borrowx.
<br /> --+� Unle�s Unclx and 8ortower olherwise�9ree In wdtln0.Insunnce procaads eh�ll M�ppYed to rattontion or ropak oi tha
<br /> _^:,"'� � propKry d�rrwQ�d,H th� restonUon or rep�k le economlaMy t�waible �nd Lender'e �eeurity le not laaaensd, H the restontbn or
<br /> _�,.� repsk W not econorr�lCeNy feeaible a Lender'e eecurity woukl be Nssonw, Ihe inaurdice proceedt ehap be apptlad to the eume _
<br />-� secured by thls SecurHy In�trument, whather or not then due, wllh �ny axoeta pNd to Barowr. II Borrow�r�ndons 1h�
<br /> Property, or doss not �naw�withln 90 d�ya ■ not�e}rom Lmd�r that th�bwnnsa curler ha�offerod to sNtN� dtlm,thm
<br />�'�9� Lender rrry coNect the Inaurance proceeds. Lsnder m�y we th�procesds to re�p�ir ur reatore the Propwty or to pay wm�
<br /> '`-`��� aecured by this Security Inetrument,whether or not then due. The 30-d�y pedod wW bepki when the notice Is piven. .
<br /> ;�;;;��. Unless Landv �nd Borrower otherwias �gree in wrttlnp, �ny �ppliut{on o} proceeda to piinclpal ehdl not ext�nd or
<br /> pontpone the du� dat� 01 the monthy p�ymente refernd ta In pu�pnph� 1 �nd 2 or chanpe the amount of the paymenta.If
<br />`.�; under p�nqtaph 21 ths Propstty la acquked by Lender, Bortower'e rlpht to my Ineunnc� policke �nd proceeda resultinp 9rom
<br /> -- d�mnye to the Property prlor to the acquleftlon ehaN paae to Under to the euRent nl the sums by this Securlly IneWmant
<br /> -�-5� ,
<br /> Immedl�tely prlor to the ewquisklon.��_r .,_�_._.._....� ....� OriJ�n►inn r�f *h� Prm�rlv� Borrow�r'a Lo�n
<br /> _ O. vccupanay� ri�w��.awn� m.u�.�..�.....� ..... -
<br /> ; �,: ApplictHon; 1.�aNhOld�. Borrower ahaM occupy, eat�bYsh,�nd uas ihe Property�s BoROwer'e�principal realdence wNhh _
<br /> sbcty d�ya �tter the axecuUon ot ihla Security Inatrument end ehdl continue to occupy the Proparty ae BoROwer'e prk�dpal
<br /> . rosldence for�t le�at one yenr efter tho dete ui occupmcy,unleee Lender otherwise agreea In wrftinq,which coneent ehaN not
<br /> bn unre�son�by wfthhdd,or unlesa sxtenuatinp dreumstancee exlat wh�h aro beyond fSortowx'e eonVol. 6onower sh�N not
<br /> destroy,damage or Impalr the Property,ellow the Propeity to d4tMurafe.rx cortxnk w�ste on the Pro{xrty. 8a�own sha�be In -
<br /> delault fl any torfeiture nctlon or proceedkig, whether chrN or crlrrSr�. Ft trupLn ihat In Leredd's 9ood ipilh�uctgr�nent cmuid fmauR -
<br /> • In IoHeflure a1 ihe Property or otherwlse materlefly hrpaU t�+�e Oen u,��e3��'lhis 5ecu:�ty k�swmKnt or LenBePs securiSy intereat.
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