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<br /> .•:;-'.��:�`;''rt . . �ORROti�R COV&'VANPS Wat 8a�aw� istawfalJyseisedoft�eestate ti�►y����stIle rt w -
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<br /> . graat mW tanvey t�e Pt�a�ty and t�al the Peopecry is aa�ncvmheredr �CC�t fOY�1'8IIOf.S O�i000f�A. Eorcower
<br /> war�aaa w�t def�a geuerauy tae titIe w the Prope,nir against ali claims ana aemanaa, subjea w any e�s�mb�
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<br /> . v THIS SF.�CIIRYiY iNSIRUMBM' aombines w�ifatm wveaants fur national us�an�noa-unifosm caveoaats with
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<br /> '� .. `;�'' limiYe6 varFat�s hi►3urlsdictton m oonsttnue a imifoim.s�urIty insmuaent c�veting real_P�F�Y- ,
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<br />"-�,,,.�`�-... �� UNIFORSd COVENANIS. Bomuw��and i�tder ouv�t aad agree as foltows: �
<br /> r ,�:�� I. �uf�igal.� and 1.ozs(�g� Sorrower sba1D pay vsrh�due tLe principal of,ead inte�est "�
<br /> .t:;�� � -
<br /> ;.,,:k,,�. . ou.ti�debt evideaoe� dy the Hate aad late charges dne �mder tIIe Note. +j: :
<br /> ,.. `'a:�.`._..��4 2. M�ht9r ps9�oYT+u�s.i�aw�s, s�O�r �ges. 8orroarer shall include ia ezsb mflntbtY Faymen� -1 :
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<br /> toge�her wltfl t�principnI aa�intere�t es set #"otth ia the Note an�any tate cbarge�,a s�ua for(a) taxes aad special -
<br /> k� , �smenrs teuied ar to 6e tevied again.st tne PmFeny.{b)lmse�ld pays�ta ar gronad rents on tl�e Fmperty.aad
<br /> ;:;�;;;�,;,�.;. ' �. {c)p�niuAOS for imsivance required nnder p�h 4. Ia aay year ia �vhiEh ttte L�nder �st gay a mortgage _ -
<br /> .- ;_J�_�y` ; insuranae premiuta w tne �ary of Housin� aad U:baa.Devetopment ['Se�tasY�?,or in eay year in whicD sasb -
<br /> - =''`::� �.F g�i�mt ieanld.bave heen iequkeQ !f LeiWet sdil held tLe_Sewrit�t I�t. each mnntNy �aymeut shall�ls� --
<br /> , ... . , inciude eitner: f)a sr�m far we�ral auortgage iasoraac�e gz�i�m ta oe paid by Y.end�w tee seaetary,os(u}a =
<br /> � mt�atLly chaige inst�d of a mmt� insaance pr�ammm if diis S�cauitq Ias�s is hetd by the Se�cr�uy. ia a - -
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<br />';�.,:: ' re�sonable amnunt W be d�ned by tbe Secretary. Lacept far the manibIY d�azge bY thB Secretary. these Ite�s ' _ °
<br /> '°�' ;,;::{ti.:-�. -� aze called°Es�a+Imas'aad tIle sams paid to L�der ate c�lIed 'Escmw Fm�ds.'
<br /> .-,,,,,.: .
<br /> _.<.. _. I�ader may,at amy tim�.muea and bQLd suwnnts for Escrow It�s ia an aggr�gate manunt��tat to exceed the
<br /> ` '_ maa�amtm ammmt tDat may De cequiied for Bormvre�s escrovr awount vader�e Real Esqte Se�t Pra�ces ,
<br />`;.���i_: ::,_.-; '-. Act of 1974,12 tI.S.C.�2601�.aad impl�ag �nlatiaBS. 2tEFR Part 35(DO.as they may 6c a�ended fmm
<br />:=._,rru,�r'..-,;�.; .` tbme to time('RESPA').exceps tbat the cusbiaa or rese�tte permimed �jy RESPA for unan�cipazed disDwsemeats or '
<br />:-��:�;����� ' �fs�tuse�ents bcfo:e We Horroarer's payments aze ava.�alble in the socoimt
<br /> .L,� ' .., map rut be based oa amm�mts due fmr the
<br /> ��s -, . mOR$agc iaSUt�ce pseIDium.
<br /> � �' � 7;��,. 1f dte aatotmts heid bg Igade�r for F�ccaw Items esoeed th�amoums ge�IWad to be tceW 6ry RESPA. l.ea8es shall
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<br /> � ':;�•* 'ia:-'�•` areoonnt W Barmarer for the access fimds as r�quired by RESPA. U,..c �s of fnnds he�d by I�tder ai�q t3me
<br /> ','o•:.';'.i.-: �',�`^. . mce�t saffctent to pay the Fstxow Items wiseu due,I.ender may notify the Bosmwer aad requin Bflam�er w malce -
<br />-.��`as��u��� '�: up the s�ortage asge�iued byRFSPA.. . -
<br />,`�P,��-;`�:` � The Fscmw Punds are P1edg,ad�addinmial sewrity for all samv seaurd hy tbls Sewrity Ins�t. UBamawer '�`
<br /> ."., �., ..,:..; ;;` . t+�ttdess to I.eadet the fWl payment of all�s¢�sums.Borroaer's acaaunt�shall b$aedited wIth.tbe.batanoe remaining. �`6-
<br /> � ;: � ''� fOi 8�iny�(alhrra*rf i�,Kpy�8�s @�,and(c3 aa�ai�y uwYCgage nosoraace p�semimn �nsta]Iaac�u �tat I.end$r Las nat b�ame �°
<br /> � '- - - -� F:.. �n.rw>�w N.e Csv�.esnr.+ med T enifar s e{1 1v��A em�a����s t�� �uiA�e►s1v �en� ' ����
<br />=:-�r�i�l::'T:'.'-• --s . �u�w...�J....��.w....�w.�+�� �""�Y ! � > > Z.�^ � �-�-
<br />=';�'f,r,��:�'�:':,. : ,.to aforecIosure sale of the Pnspeny or its acquisition by Lender,Bozrov�er's acconmt sball be cc�ited wlt�aay�alaa�e . ���� �
<br /> �sL_�; ' iemai�iag 5ar alt installmenis for itaas (a).(b)�su4 fc2. : ' �-:
<br /> r,j`r°`� . ' �. Agp]�On of All wader t aad 2 sbaD 6e lied 3.endes as foltaws: °
<br /> �:r.. _ : � Pa9mmts. AaY�nts �?gaphs aPP' b]► . �__.
<br /> ;.,;,;',.::�.;`, ;i,;� _ IRS' to tl�e mostgage insura�otoe pr�m 6e�ai'�Dy I.ender to the Seatetsty or ta the monrhlY c�e bY th� � �.;'-•,
<br /> 1,���;. ,' '•',w Sec�y iastead of the•mnutLlp mu� �o pmmiuia;
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<br />_�.�.. ���.. , � ' � � +"K�""" �+ � Qa��CIIi9 g[U I�Iffis • }..
<br /> y., z�,,,.,;,. �:; ND w taaes ass teasst�r.� ar uad and fue fIaod and other haza�d �,; ..
<br /> •y�, �;', � ;i.!. � �� �c� . • ��.'
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<br /> '�� HT�, to ia�rese due under ths Nqt„., ' �.
<br /> •; , `-"�;: O�TH� ���ranr�tion of the prisss�rdd-.¢f tbe Note: and
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<br /> :�. �I,to Ya'e,e c�arges Que tmder the itE�. . "`-
<br /> � � =�' . +i Fae.Ftaod�d Ql�er Aa�d In��te. Sonower shall insure all im�mvements on the Property.arrDrther ����-
<br />_ . ' - nn��rs Pr��!±�ot sabseqaeatty �eaed. against anY�S.casaalttes, end oondngenciea� inCludiag fite.fa,�,iaJJ�!!cII
<br /> ;.:: .*•�f , L� nquins:�osuranoe. lbis ins�uaaoe sLall 6e maintained ia s�te a�nmmts.aad for We periods tLat:�ter �'=-�-
<br /> :;.•��, . t�qoir�s. Bor��r stiall also insvre all impmvem�ts ari the Ymp��. wHet�er aaw ia existmce or�y
<br /> ���-i' erecced. agains�t �oss by f�aods w the exteuII.aequired by the Secreiary. l��uanoe sUall b�canfed wIth cQ�yataies �
<br /> `�:�� � agpmved by Lender. �te insuraace paiic�es attd any renewals aLall be tsrld by I�aad sball insinde Ioss payable , 6:.::`
<br /> '•, �.,.r�, c2� in favor oP,�d in a�v�acoeptable�to,Lender. . ''.
<br /> . .. �'"• . ta the eveat of ioss.�oaawer sLall giv,e Lender ia�ediate notice by mail. �Ler�maq ma�ce pnoof of toss if not �
<br />- ' �"�'� '�'����� �P�UY b3►•Sorrower. F�� comPrmY conceeaed is h,��,antha�ized �td diaeeat�.to arake payment ����: .r~
<br />_ ;. .:,. �,: , . d a . . .. . _.
<br /> . ,�' ..� for sir.ch Ioss diz�ly W Leader. instead n�to Borrower and to L�joiaUy. AU or any� of the ins�usass ti,•,',. � I,�.::-
<br />- . � � ' Pma�eds may be applied by Leader, at its option, either (a)to the rednctfan o�t�e iadebtedn�sss aader the Nate an.d ��,� °;;; �k=�.
<br /> � � ' ' thi�Securi Insfi�meat; 6rst w an del� ent amnunts lied in the orQes ia 3 aad then ta },.;... --_
<br /> . � tY Y 4� aPP D�Pb . B�.X��,' e,_•:
<br /> . -. i uf griadPal. or(b)w the r�wsat�on or repair of the damag� PmPertY.� �Au�_q�licat�oa of the pmceeQ�,��to�t9e., ,::r -
<br /> . � � grincipal shaU smt enttead or poslpoae tIIe due date of tne mnntLt3►Daynne�ts �ic�am referred to in para�pu 2,or � � �.:`-
<br /> en
<br /> " c�ange We amnunt of such payments. Any e�caess iasuraace Qroceeds o��r��3munt �equir� tfl pay atl antstaadtag ��;'-=
<br />- . . :`s imdebtc�s under the Nate and this S�puity Instmmeat shaU be pa�d to ELe ��ft�r legally entided theretoy �
<br /> , � � Ia the event of forer2os�e of t�is Se�au�ity IasWmeat ar o�her traasfer of tiilr ra�the Pmpeity that extm�ais�es F4��-'
<br /> . . g ��"
<br /> . . tIIe Inclebtedness. aU rfgb�., titte and interest of Borruwer in aBd to insunaoa pol�Cles in famce shall pa9s w tho �;=:.A:
<br />_ . .-. pwr�eser. ��c,
<br /> :�..y S• Ocarp�ucp. �. � a�d Pt+�an of mst �tuy�aty; Boaawa�'e Ia� A�pttc�a�;
<br /> : -:�,�` . 1�atd�. BonoNes sLaU occupy,establlsh:and use the PtopEtty as Boirower's prjaslpal resfdenoe witL9n aia�tydays
<br /> . af�er We execution of this Security Instn�ent (or within si�rydays of a later sale or vaasfer of the Propecey)au�s�ll
<br /> . oondnue to accupy tIte Pmpeny as Eorrower's prjneip�i restdeace for at least ane year after the date of oecupaacy, �
<br /> � . . naless Lender determiues that requiremeat wlll cause undue haMsLip for Boirower, or uaIess euenuatin� �
<br />_ . - . - ciltcumstances eaist w�ich are 6eyond Bo:rower's canuol. Bosmwer sbail notify L.ender af arry extenuailng �
<br /> �. �� .:
<br /> : ' t1F�HASSIl�FHA DBBD OP 7'8�15'P �p, .
<br /> . uz�as ss�.cs.csam us�� Fage 2 of 6
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