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<br /> � ' . •TGG&THE[t�VPI'H aU the impmvem�s now or L�titet csecte�oa the pmpeity.�d all�ase����5.aa� --
<br /> fixhues uow os heteaRer a pan of t� property. All.teplaoemeats aad addi�ons s�all also be oaveced 6y this Sec�ity ?�f;;
<br /> --.A..�,�, Tnsua�eat.Afi of the fo�going is ceferred w in this Seauiry Iasuumcnt as tne'Prupe�.• `t:.
<br /> - . <- BORItOWEIt COVENANfS tLat Buaavrer is taa+R�lly seised af the estate Leseby�and IIas the rig�t to graut and
<br /> . ���,�':'.. oonvey the Property aad tha�the Praperty is uae�am�eaed.e�ocePt for eacambrauces oi�eoo:d. Bomnwer warraats and c+r�l
<br /> - , defead geneiauy th�tide co the Parpgtty against all el�aad d�s,subjea w aay enaimbiamces of rec�N.
<br /> �- � THLS S�CURiTY INSfRtiMENT comb�ttes uniform cov�nts for aatianal nse and aoa��moform oaveaants with limited
<br /> ` varlations uy jurtsaic�on w conssiaue a�mifom�sec�riry immnm�t coveriag�eal prope�ty.
<br /> ;T-,�- i31�fIFORM Ct3YENAI�PFS.�or�vw�and I�sTer cuvenant and agnc as fal2ows: -
<br /> -•-;,..�._.f,.-�: � I.�l�yfficnt of�etadgal aad I�erzsti�Ym�d uud I.ale CLarges. Bonawer sLall P�ul►PaS►when dwe th$
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<br /> . :;,,=.,�;_ ..:-�: ' p�indpal of and intetesc oa the debt ev�d�Ay ihe Note and�i+Prepaymeut�d late i�atgea dae uadec the Note.
<br /> .�t���_ . 2.k�ds tor Taa�saB Iasaraaee.Sbbject to agplicahls laav or w a�written waives Dp L�eader,Bonmver shail pay�o
<br /> .`I.: `:� Le�.der ont�e daY�Y FaYments are due�der the Note,�til the Nate is pa�d in fu1l,asum('Funds')for.(a3 Y�'�S►� '-
<br /> t ; - aud a�wnicb may suain paiority over tbis SeauIty Inst�mem as a lien on the�openy;N)y�Y�����Y�a P��t.„..�
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<br />, • a r g ro�m d r�t a o n t h e P�o p e r t y.i f a a y:(c)Y e az I Y h a r a t 0 o r p m g e rt y i n s�a n o e p r�s;t�Y�Y P
<br /> .. � ��te)Y�Y���ce P��,if any;aad E��Y�P�Ia by Bonoaver to L�der,in accardance wittt
<br /> � � .. �` d��avisions of pa�aph 8,ia tieu af the pay�t of�astg�ge iastuanc�ptemtumg•These item�ana calted`Fscaow Items.'
<br /> .- -,' - �;.� �,f: Lender may.at amy ti�wllod amd hoid t�mds in an amnouat aot to e�aoeed the ma�um a�a teader for a federally ��%-�
<br /> _ `� � :a� ietated martgage Io�u►may requi�e for Bam►wer'a escmtiv acoonat tmder t�feQetal Real Estate S�tlemenit Pmadures Act of �
<br /> •:�'R : �. :.-: 1974 as amecded from tigse to tfine,12 U.S.C.Sec�am 2601 et a� ('RESPA°?.dnless�ther law tLat agplies to d�e F�mds �:'.�
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<br /> . se;s a Iesser atnwat.If so.Ixndes may,at aay tIm�,cullece and h�o2d Fands in an amount not to exceeA the Iesser�a�t.
<br /> � ' � I�ndez may esamate the�t of Funds due on the hasis of aureat data aad�easoaable es�imates of expenditares of funme
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<br /> .. y���;' _ Fscaaw Itrms or atheiwise ia aaoo�aaee aitb agplh�b2e la�v. � :'%�-
<br /> � 1be Faads,si�aU ba held ia an instimtion whose depasits a�e ipsuced D3► a federel age�.y. iq�tuaq�litY.��Y �•_�
<br />`,,t�,,.: .: ' (incils�jag L�dee.if lender is such azt instImdon)ar in a�rFederat Home Loan Baak.Isnder sLall ap�sl�;ii��to pay tIIe �
<br /> ,;+ F,� . _..'s gs�i It�.Ieader may not charge Bottower for holding,i�ap�tying the Fmzda,annnally m►atYatng d�essmW��.� E'-
<br /> ' , � v�the Sssmw Icems,aaless Leader gays Bosawer i��sn the F�ds aa�applioable laar pean[rs Ldidr�t�a��ke surh �•.:
<br /> �' : .1, :_� a c'�.Hawever.Lender may ze4ntse Emm�ver w PaY a ts�dme ebarge for aa indepeadent�eal�ate tai�c�sq�a8�e �
<br /> r .:�v��`:'.._ nsed Dy Lender ia�coanectian wttb this Ioan. unless applirsble taw pmvtdes othe�avise. Unless ara:zg�m�tt is made oz : , �_.
<br /> � +' applicable law reqaires urterest to 6e paid.L�ader sbali aot be n�oired ta pay Emsowes a�r inteaest ai eamtngs on the t�mds., � �: :
<br /> >,;���: `„: � ,�; Bormwer and Lender may agr�in writing,IIowever.thac inr�rest sl�all be paia on the T�nds.Lender sball give�:�i�n�, � ° �::.
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<br /> ��' . t . �. .wi�ant�arge.an ammal scswuating o8 the Fnnds,shavv�g c�dits and debits to the Fun�aad the pu�poae��ead�'.�,:: Cr
<br /> - -`-? debit w[he t"�ands was made.Sfic F�mds ace p2ed�ed ss��utlty far sttt su��hy shis�Sit,I�2- '.': ' �-�-
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<br /> - ' :"',�, � tf the Funds htId by Leuder exoe�d the�ts permitted to be held by applicable Iaw.Leader sball sa:o�mt w�Bu�'�:�,���°•.: �
<br /> .� , ,.; � fmr.t�e excesa Funds ia acco�ance wlth the reqairements of appl3,cable law.If ahe�of the F�mds hel�by Lfi�c at auy.
<br /> ,,` ,< c ti��s,not sufficieat to pay ttie Esctow Items whea dae.Lea�rafa�'so notJy Bormwer in writinlg,and.tn sach ca,s�� �.�.
<br /> �Tr�. , '+ aha�;�iay w Leudxr the amoum nece.asary to make�tha cCes'"a�ir�cY-Ba:mtiver shall malae up the de&�ie�ey in,ur�:+a�e tl�aa , {:" .
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<br /> i` 1TpOD Q3�IIIlCII1 III�Of 811 SOlII9 SQCQIi�bY t�S�it�"q�) ��9b2I1 QlaIIljJl���l�t0 BOILOWBt 8�I ,;,`
<br /> �.�. ` S� Fu�ds held by i.ender.If.uader p�agcagh 2X,:£�nder sbai�{s�,^ulce 4s st�ti�Praperty.I�ad�r.�fi���t���doa or sate ;f, , F'
<br /> s'�. + of FroPert3+.�aPF�Y�3'�`s�«ds It�Td�It�det at t3�!#�te af aoquisiflon or eale a9 a c�t�st the sams secuced by �;.
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<br />_ ,. � � ,' :<i `�;ApDIIcation of Pbymw�.UnIess a��tYe law gm�'•ides arheiwtse,a11 FaYmenrs received by I�ender ander guagaphs� �;_::.
<br /> � 1 a�c3 2's�aU De applied:fnst�w anY P���8�due uader the Note:secunA.to amau�s�,�s,g',�ble und�t paiag�ragh 2; , s�-�
<br /> ' � � tLitd,to iater�st�fanrth.tQ ptindpal dt��iast,tu an3►tate charges dne as�der tRe Note. �:� '; '
<br /> ' � � +4.CLaig�:�Idens.Borr��shaU Day a�l taxes�asses�ats.c�,Snes aud imposldons tt�ntable co tbe Properiy. �R�±.
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<br /> ;i�,.., � w$3dia'may atta�a prioriry ova rd��s:Soauiry Insaumseat, �rAt IIeaseao2d payments or gxvand rents.if aay.Sonaer.�r sball pay � -
<br /> �f��'... �, .. � thes�abligatfaas in the maaaQr provided in parag�apL 2,cA fiEcwt patd in that maaner,Bomotvershal!�.�r thEm ota au�di�ty. . . . �;�'
<br /> • :.s m t h e peis4n aw e d paymen t.Bo m a wer a b a U��p t t y f a t a i s b w L e a i d e r a ll n a ti ce s o f a m o u m t s to be��ander thia p a r a g r a pb.�'� °`.;; ; :
<br /> , '�� if Bomower�these payme�ts directiy.L�'a�aver shall promptly futnisb to L�der recelpts�tbe Pay�ts• '
<br /> ff r.,; .' �' . Bnmatver sball pmmptlY dl:eDarge anY lir�ahtcb has p�o�ity over this Sewi►ry insaasent ue��a Bormwer:(a)agr�ia' �f;:-
<br /> ,,�3��.,:�,;-. ��. an�aag co the payment of the oU�tion sec�ue0 by tfle Ifeu in a manner aaoeptabie w t�(b)oa�ests in good faitb the ti� �.. �s,{..--
<br /> �'�+��° � :� by.arc defeuds a�ainst enforaemt�t of the lien ia. Ieg�l praoeodiags whish in the b�tlar's api,�oa opaate ta�p�eveat the , , _ �:;�:`:;.:
<br /> . • eafa:oemeut of tBm 11ea;os(c)se�aues fram tbe holder of tho lien an agceem�eat s�tisfacros�o r��drr�subordinatiag�ee lldo[w.� -
<br /> , . �is S�rity I�.If Lender determiu�s�anY pan oi the Property is suDjeax m�Ei+�wTti�may ausin�iority ave� .
<br /> thls gmeudry Insaumem►Lender may give fiariuwer a aotiae ideatify�ng thE liea.Bo�s�al!satiQt�r the liea as taite one ar
<br /> � � mare of t�actians set forth abave cvit�in 10 days of�o giving of aotice. '"'�`
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