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<br /> . 'E+OGE1�R WT[H alt the improerameots now or he�aftcr e�ected an tIle psopaty.ead aU easem�.appiu�an�s.aad
<br /> � . 6xtiucs now an c��ait�a pari of tLe pmpatS►.AU replaram�ts ffiW r.dditinns shall also�e covere�t by this Sccarity r.,�ment ' `
<br /> . • � Atl of th�facegoin8 is ce[�ed t�in IPus Se�uritY Instramea�t as t�e°Fm�ty.,• '`�,;.>.
<br /> y"'' SOIt�OlVER COVENAI�Pi�t�?t Ba:rovrer is tawfiilty�of the estaie�ebY oonveyed and hns che�gi►t m gaant arW
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<br /> ` , cuavey the Fiapecty and t�dte PraFecty+is�me.ncumbc,�e�.exce�t far enwmbtances of re�rd. Batmwec vu�auts and vnU -
<br /> dafead geaetattY ths'dde L�the Praperty a�all ciaims and demaad�,sobjecc m any�brances of�. �,: =.'
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<br /> �.,.:: . TI�S SECiJRT[Y IPTS"lBiJMEN'['cambints unifotm aavcaanss far nativasl ut�and nmt�unil'omi wvenauts w�h limited �:,'�';:
<br /> vaii�tHons by j�uisdicdon ta cansanite a amfarm s�ait�►i�umaui oaveriag real[�P�S'• , : �
<br /> '`.�.: ,
<br /> UI�DRM OOVENANfS.Haauwet ana Lendca aavetra�u mtd s�nee as follmv�
<br /> . , L pa�y�tnt o�pNa�pat sud Inte�Prepay�ment unt!t.a�C6nr�ea. 8mrmv� shall PmmP�Y VaY whea due dte : �..
<br /> . .. principat of mid�n�ton t�e debt eaid�ncad Uy tha Atuta and enY.Pi'�Y�and lata ebmges due unde�the IQeL� '
<br /> `�. � Z.Fanda for Tases and In�mraao� Subjeci m app�ic�bte taw ar tn a Wnilleu waiv�6y Lmder,Horta�r�s1�!pay tn � ; '.
<br /> • • i.�d e r o A r�e d a y m e n�t y p a y�►�ffi e d n e a n d�d�e�io c e.un��ie Nore is p a W in fiil1,a sum t'�imds�for(e)Ye�1Y� � �-
<br /> - � and ass�ment�a+�ma�l a�F�it�►oves this S�►fastn�meut as a lien an the Fragraty;(b)Y�aIY 1�4Id OaY��
<br /> . :" ur gmmcd te+ats oa d►e Yrapaty.U any:(c�Y�Y,��[�'P�Y�suraace pr�aiuu�(�Y�S►�d'msurauce p�►� ,
<br /> �€any:au�(�anY�s PaYab2e bY Banawer to Lead�,in e000rdance with�dte
<br /> . . enY.Ee)Y�Y�8e�ce� 'I�ese inms�e ealted 'Fsccow Items." .
<br /> � p�ovi�tans of p��8.in lieu of the pay�neat of mo�age ia�pnemmms.
<br /> .;�.�:...._�_ ,, : Lentler may.at aay tim��and holA Fumis in an smount not w cxccxd the maximum emaant a t�d�ra far a federally c�lated
<br /> ,- .-- ma�tnan maY requ�+e far Bo�rowea's e�aw acaount unQer the fe�al Real Fstate SenL�t�ediues Act of 13T4 as .
<br /> . e�nQaidwid fmm time to a,me,12 ilS�.Secdon Z�l et aeq. ('RESPA'�,nnless another taw that apalics w t�e Fimds s+ets a tesser
<br /> . . •. amaimt If so,Ieader maY.at any time,calIect an8 ho2d Fimds in an amouut aat m exc�ed the t�xr ama�.I.4ader may . .
<br /> �'� "`, estimaffi the amount of Funds due an We�asis of cuneat Qata�d�easnnable estima�s af m�pendioues of fima+e F�aow Ite�s or
<br />- ` t� otIIe�vi�e in a000�daace witb a�rPlicaDle Iaw. .` -r
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<br /> � • � The Fimds shaQ be heW ia�ins�tian�+Ilose Q�osits�e�1�Y a fedaal ag�cY.inst�mentalit�i.or�ntit7►f��8 „
<br /> .. f � I�uder,ii Leader is sash an ins6U�don)o:in aay Fede�al Home 1.�BanTs.Leuder shall appty the FanQs to pay Me Enxow �_`_.:_..
<br /> a the escmw a�oumt,or vealfl►mg
<br /> � � � � Items.Leader wayr not c�rge Hormwea for holding aad appTping the Fuads,etmmm.�anaIY�B
<br />� :.�.. , � ,�; the Fs�Taw Io�s.�Lead�P�5►s Bmrowcr mta+esi on the Fimds and�t�taw per�its Leodea to ma'�e sach a d�arg� .
<br /> �'�� . Hoarever.Latder may r�qa�e Bmmwer to pay a on�-pme chas8e far an iadepead�att�eai e.state tax reporar+$seivice nsed bl► -
<br />` -- --- ��..��.r,�rnnn aruh�tdc tnan,untess a�fic�abte ia�v pmvEd�athe�vise.Unless an a�reemrnt is made ar apglicable 1aw ` _
<br /> � . '{ ieqpi�.int�st to 6e paid.Lesat�s sbaU not 6e requined to pay Bonmver az►y intra�st ar cffinmgs on me rwid5.Bormw�r ffiui , f-
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<br /> ., � �+�Y��°�8•howcv�r,t h a t i n u x e s t shall be p a i d on the Fimds.Lender shall�give w Sosmwa,wit�aui cdaage.aa
<br /> . - .�f mmasl esxatmting of the Fimds.at�oaing credits and debits ta tlte Fuuds and the putPose fas wiiTc6 earh QeDit oo the�iinda was
<br /> '� myde,'Ihe Fands are pledg,ed as aQQltional s�ariry.for all suats s�by tLis Se�auity Ins�umeat
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<br />-`�=��;. ,-: � :'� �f!he Fimd4 hE2d by I.endr�a exoe.�d the amaunm Ferrnittea to be held by applicable law,L,mder slall acxowut w Bor¢o�for
<br />_ � .. .`� tke czi�Funds in aocurdauce with�the iequiremeats of epplicalfl�s lmv.lf t�e amount of�►a Eands t�eW by I.ea�ea aL aA�time is ---
<br />_ ';"� '.., `. .; nat�ie,nt to gay the Escxow Irems ahea dae.I.wdei maY so natitjr 8u�mwe�in wri�n$,m�d,in sucti case Bmmam��11 pay _
<br /> � ., w i.eac�er the amo�mt necessa:y ro maYs up tha defrcieneY.Baaaw�sdall make up the B�cieucy in no mote d�an cwelve -
<br /> - . .�� � . . � maatbiY Paym�ts+at l.eader's sole dis�zeuon. mfimd w Borrower any Fuads ".
<br /> . . , : ��.; Upon�ayment in fall of all s�us sec�ued bl►t�3s SecaritY Instrument,I,eader sLall Dcamptty -
<br /> ... hetd by Lendet.If,imder par�a0h Zl,I.e,nder sball ecclai�e m se11 the Plrope�eY.I�eader,Prior to the�:qo�rion oz sale of the . .,
<br /> - � : . -� Fcoprny,sha11 apP1Y�3►Faads heid bY L�der at Me dme of acqaiaitiam or sale as a eredit ag�[asc the sams seuued by this �;`,
<br /> . .'_::; ���at Secwiqt Im�ment �'`�
<br /> , ,rY, e�tts received by Leadeac andca paia�epl�
<br /> �:t. 3.Apptkatia�aFlA�ymenta Uales4 applisable iaw pmvides otheiartse.all pay►m �.
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<br />- � . •;�` 1 �d 2 shall be appTied:6rst.to anY�eFaymeat cAarges due under the Not�semud�w sinouaic payab2e e�de;p�ag�apb .
<br /> � thud;to iaterest du�fo�uth,w Princ�Dal du�and last.m mry late charges due aaQer the Nat�.
<br /> . . ' 4.Chargeg;l3ena Bmrawca shall pay all taxes.�ta,charges.fines and impositiaas amn�ntable w tLe Pmp�ty :
<br />_ : .., ? y��cb may ai�prioriry over t5is SeauitS►Iasmunea�t,and Ieaseho2d payments or g+round r�.if any.Bormwer shall pay these ` ��
<br /> °;s:;'. '�;� obligations ln the manner p m v i d e d in p�ir 2,or if not pai�in Q�ai maaa�,Bomnwea shaU pay ttce�oa tiate d'uocdy to the
<br />-- • � : ��:;, . person ow�paymert Bmrower shall IImm�riS+. fumish to l,eader all no�aes of amaimts to be paid o�r this pataSraph.If
<br /> ,�� ;;.� �' ' `:� Boimwea matces ti�ee��3'�ents di�ctlY,Boaower shall promPtlY fianish tn Lizada rece�pts�videnc3n8 tke Dayr°e�. ,
<br /> -"`� � ' e any lien whicD bas prioriry ov�d�ls Security Inst�'�ent unIess Somowca:(a��ees ia
<br /> ,,._.
<br />_- ,,,,. t Bosmwea sleall piaa�ptt�+dJ�B
<br />__;:,,+�:.�,,�,., , i writmg w the paymcnt af the a�G�inn s�ureA bY the lien ia a manna acceptab2e to Leuder,(b)contrsts a�g�ood faic�the lieu _ _
<br /> ,',..�.;; by,or def�ds a�ir'� �fo�sea�.of the tie� 10.leSal pra�edm8g which iA the Le�d�'s opirtion aperaze to p�vent the
<br /> ,i e�farcement of the Ir�:m(c)sa�es fmm t��f�aldea of Q�e lie.n an ag�re�ae�c sansfaau�5►w l,end�r�+^� ;n�g the tiem tn ._
<br /> � ' %' ty ' es�a� art of dte Pm i��'ect w a llen ahic�ma��ist priority ovea this
<br /> �' @�is Secwi Isistrt��t If I.ender�mm Y p g�Y 1
<br /> . � gc�y In�Wmen4l.endea may giv$Boirower a nodce�S the tfw.Bmmwea sh�II saa�sfp Q��ea er m k e an�ar morz :;
<br /> �� • oi t6,e a�dons set fonh above a�in 10 days of the giviag of naor�e. `'
<br /> , .- Fa�e�'JJ28 9180 � �•,:.
<br /> �, , . . �•6g(NEJ(92t4T.o� PapaZote Inittalr.____._
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