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<br /> � fixuu�es now or RereaRer a pait of ihe proFeatY-AfJ c�l�em��s�ad�tioac sdait aLw be cave�eu i�yY t����4m•�. �' `
<br /> �� � � uues „
<br /> �.�--�-`• Altaf die f a r e g a�g is�rara3 tg�tL)s S�ti►Ia�nentas the"FiapatY• �
<br /> . BORROWQt COVENAN'l'S tQat Baaowet is la�rfulty seised of tIIs�t�eby ooaveyed aad has the righ!W�d� .:,,
<br /> . • caave�F the PmpertSt and tDat the RapertY is tsnencumbeaed.euePi for enamDiances af reo�d.Bormwa wanants and w�l �`:�.:;.
<br /> aII claims a�d�mands.subject to any enr.aata6isnces of�es�d. �,•'w:''
<br /> '` � . defc�tdg��ally th�titts ut the Fmpeity a�in� '`��
<br />=r:`;� 'TH[S SE�URIPY INSTR[JN�Pi'cam�ines uuifatm cav�ants for�anal�se and aon-�mifasm coveaants vritb ihnited �,.:'�:-
<br /> � � varianions bg jurisdicdQn ro wnstint�e a�uifoma se�uily insuuncent cavering real�opaty►•
<br /> �,�:-y- ' UN�RM COYENAN'I'S.B�'sower azta�tader wveaan�and a�tee a�folIoN� whea.due We
<br />= -� `� :�" ,. . Y�.g�y�otQttndpaDa�����aact9�2�C�argc� B�rtowe� sban wnmj►tly PaY ;• •-'
<br /> :�,t,., y�-' , .:"�:.
<br /> ;��,,�.;,:: • ._:, � gsiucigni of and intrtest on the�t evi�eaaedby theNate aa��rFrepaYme�tand Iat,e chaorges due nndeatheNote. ' .
<br /> -� ' .•s Z.Eands for Tea,�s and Iasarance. Sabjea w a�tTi�taw os to a wiittea waiver 6y I.ender,B�owea shatl pay m '�,
<br /> _ .. '..; LeadQr on tDe day monthty paymenes�e dae ut�er td�e�i�.m�the Note is paid in fult.a sum f'Fimds'�f�(e)Y�ariY� _Y-
<br /> and assessmeat�wLich may attain priaritY ov��s Ser�uit�r Ins�t as a Tiea an the Pt+apeRY,@)Y�Y�Zd PaYm� _
<br />_ � or�'aannd zeats on the Ptogerty,if aaY:�a)Ye�3�a��P�'6P�Y�ance pmmiums:(�Yea�dY Qood insivaace premi�s.�
<br /> � �Y'te)S�Y�e����anp-and(�anY sums�Ie Dy Ban�owei to L�eadar,ia a�se wat4 the .,.
<br /> • ' °E�saa Items.°
<br />� �.~ � '. _ pmvisions of pasagraph 8,in lieo of d►e paymeat of au�age�Pt�niums�ese items aie catled _
<br /> Leadet maY.a�mry pme.ooIIecc aad hoId Fdads in an ama�a not to exoeed the ma�timam amamn a 2e�Wea for a fed�ariy retate�l `
<br /> -' •''` ' ' mortgage tnan may r�aa�for HoAOwds e�cmw�caunt ander t�e:t�al Yteal Estate Seulaneut Pracediaes Act of 1974 as
<br /> � � � P� ���s anotIIer 1aw that applies m the Ftmds sets a Iesser �,.W=
<br />` ��� ` amended frmn time to cme.12 U.S.G 5ec�i�Z601 et�("RFS. "} --
<br /> .,..� �'
<br /> ` . � amaunt If su,Le�det mal►.at mry wne.co1€ecc and �ds in an amomnt nni to ea�ceed the te�amount I�ead�may �`�-
<br /> �'�'`��;y ., cst�a�eaie ti�e ammmt of F�mds due oa the Uasis af a�d��nd reasonab2e�of exp�dinues of fumre&c�uw Items ar W_.
<br /> ',���:::"' , otherwise m a�+dance w�h apgt�ble lav�. �. . _ --
<br /> '����r r'.; 'itie F�mdg shaii be heW ia an Ins������are insu:rd by a fedeaal agency,ms�litY.or entiiy(mcIading —
<br /> .. ` .,�:. .n., Lemdeas tf I.�tder u suCb�mstnet+On}�.�?,�¢sY F��ome L+�4 Bank Le�cder s53ll epply iB�L�uttds to p2y dte BSCrDw _
<br /> �:�' :�''"� � Items.Lender a�aY nos cha�:�sower Far�eol�ag aa��yin8 the Fuads,annuaB9 m�y�►g dte esct+aw atacomu.or vc�ifymg —
<br /> _`=` � ";: .,:' the Fscrow It,ems.uWccs I�l�al�Barmwer mterest'on iI►e Fundv and app}icable!aw pecmits L�der m make sucJ►a charge. v_
<br />�',�.�. ' However.Leuder ma7►req�ire Boaower to pay a csne�xime charge far an iadepe�deAt tesi�e tax m�soreng s�ice used by �,-
<br /> .•• ` �iS amiiv w 1�ts.ha� -- -
<br /> { .- � ��. Leader in ca�x�tiun witt�dus tann.unless ePDSica6le iaw piovides�2aatw�.uniess an�n�� ���^' ..
<br /> 's``�.;�s �;�� mquires i�t�rbe pai�.L�adex sdall not i�e requaed w pay Bnaow�aaY fnterest ar�min�s an�.t�a Fa�ucis�Barmwer aad: -
<br />' `�: �;`'��; F: :� Pr�nder ma3€����8•ttowever,tdat irat�est shal!be�2fd on the Punds.l.cadea sha11�ve w�rn+�mrri,a�iqsti eh�ge.a1�` -
<br /> � . . - armual ac�countin�of the Fimds,s6owin$cre�ics aad de6its m d►e Funds and the pmpose for which�L d,ebit i�e Fands wa4 _
<br /> . ` ..��,r�: �'t� made.'Itie Fmtd�ere pledged as additinnal secu�its►for all suans seGmed b1+.this SecudtY Iasuum�i . �� ,� ^.
<br /> .-� - :;�-�,-�;.�''" ��� If tRe Fund��eld by I.euder exe�ed the�iun�►ts Peimitted m be Redd by appti�ble tstw,Leader st�atl acaoount to�orrowea f6r
<br /> ' ;. ° �'�_
<br /> _ '. ;,���+� :; .;
<br /> ' '��v� • tIle exoess FimtL�in accordanca witd the r�et�szrne�ts of applicable law.If the amflunt of the Fuads�be1�by Lend�at aay time i� �
<br /> ��� " r�:�l�i •,'.>, aot su�rficieut w PaY the�ssrow Items whea due.Leader may so notify Bormwea in wriung.and,in sucL t�e Bomnwea shall pay ._-
<br /> �' w Leadea the amaunt n�r m�make nP the de�Gl►. Bormwea shaU ma�e uP ihe�i�ao maie.tba»twelve
<br />:��: . �.�,�,;�`',. mnntLlypa}rments.atl.e�'sseledisc�eriu�-
<br /> nu
<br /> UPon PaYme�t ip fiill of aIl sums secumd by this Seauity Iasmaa��Lend�r shall promptiy�efimd w BouB���tk
<br /> 1[8
<br /> �� ' ��' '?k� 6 21.Lendea shall acquire or setl tlx 1Ptope:tY,lRad�r,p�t�t�e ecquisiuon --
<br /> � '�. hetd by Lendca I�,�mder pata�ap —_
<br /> � . P r a p e n y,s i��p p l y a n q F a n d s h e l d b y L e n d e�a t t h e p m e o#a c q u i s i t i�m or saTe as a c�e ag�'Q�e smns seciseG by this� . —`_
<br /> � � i , � �"�_
<br /> �:-;, � ;' . $OC��L}�TIISfI11Q1CIIi
<br /> � - 3,A pp II c a t bn o f P a y m e n t 9. U n l e s s a p p l i c a b l e 1 a w�r.�i d c s�.",�e ri s e.a!1 p a y m e n t s r e c e i v e d b y L'e nder ander p a l a�a pbs `_.
<br /> � .�,�� � ' 1 aad 2 sball be applied:�rsb u��Y P�PaY�e�t cbarg�d�wsd�z�`Not�seconA.w amo��c P�le midsa pa�h Z: _-
<br /> �•"'.> : �` thad,to int�,&��u�famdi,to p�n c i p a l dn�and last,W���`'r3ne aader the Note. •. , _
<br /> � ',�j'' ` O.Cba�'I.leas. Bo�mwea shall paY all taxes.a�n�.ct�rSes.fines and 6apositi�.+�'am,butable to the ProPeriy► _..-.
<br /> m
<br /> �.. , `�` .�•'�`�`'�� ' �.�^�ffi�ch maY s�n O�iositS►c,iza tAis 5ectuiry�nswment,��aseho2d paymea�tv oJ gm+►md tents,J aay.Bmrower shaIl pay th�e --_
<br /> ., them on ti�e direaty to the H�-,
<br />'�_.� ,,"'°�,:; ; " obli�ationv in the wanner�!sided in patagrapb 2,m if�m:paid in tbat mana�,�or�aa�a shall pay s e"°'
<br /> � :.."t,�:,�;*''��+�� �; peason owe�paymenc Balrawea shari pmmPtl3►fam�fi to t,ender aU notIces of amounis to 6e pa�d under tLis paragrayt�.If =�
<br /> ;:���j ii;�.�'�!; •t fus�tsh to Lendea teceipis evidencIng 4►e payments. �_--
<br /> it�� $mroacar ts�ahaS dmse paym�ts d'uecdl►.Bormwea shall pmmPQS+
<br /> ,, S Borrow�sbaA pmmDtll►dischat�anY lien wtich Qa9 Onority►arYr ttais Secutiry In.gtrameat a�ess Boaower:(a)agrees in �;;
<br /> n _.
<br /> _ ��� ari�ng w the payment of d�e o6ligatiton secu�re�by ttce�eo tn a mann�aeoeptabte to Leadea;(b)wntests ia gaad feitb�he 13e� �.
<br /> 0CU
<br /> _. ri'n which m the Leada's opinion apa2ts tD prevent the
<br /> ��. . . hy. or defeuQs agaiast�meat of the tien in.P�Proceedin8a ��_:
<br /> � eaforccment cf the lien;ar(e)secur�s fmm tDe holder ci!the tie��sn a�reeanent sa�sfacto:Y to l.endex subosdinatin8 the fien to _.
<br /> :``%�� ia sn tn a lien w6it;6 msy at�n ptiaQity ov�tLis �
<br /> `��c�, . this Secitrfi9;lln�ument If l.�d�deteamines that any pa�t of the Avpectyt b1� -
<br />��. , ::^ identifYing the�Borrow�sLai1 sali�fy the lIen or�ake one ar mme
<br />�. Security In�+.�nt,I�end�may give Bwmwer a notioe a
<br /> v within 10 s of the g of aotice. �,
<br /> ;,' oE the acaons set forth abo e �lt � �orm S.O�Z.B)9�190 .
<br />'�' '': •.�,�.�• Pape2ote tnttiabTii�_�
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