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<br /> � 'iOL�E�HER WRH aD ttie trt�rovemmrts now ar h�erected an the PmAertf►• end e0 Pasemmrts.sPPuRenanees.ertd .F,�.`,.. ,�.
<br /> :� `!t�r';._ : ' �ras nctiv or h�eeafter a pari of the P�A�Y•All ceplac�neats end�dddicns shall etso be cavaed by Mis Searr(tY�nsUuMed. � . �
<br /> ,�,:.;�., :�._; � Ap ot the tareSuing Is tderr�sd to In this SeauriY��tt as tAe'RaP�1f' .
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<br /> .� *��' 80AROW�Fi C C V E N A N T S t h� Borcowe►t s I a w Q�II�►s e t�e d o t Y d a e s ffi t o h a e b y c�m e y e d end has the d g h t to�aat snd� ;..�;.:�.:.
<br /> ' � ` .�r"� � oonvey ms Fr��►ena u�at mo arop�r����e�• �mr enwm�rances at�eco�d. 6artowe wanants ar,e w� 1 �
<br /> `'� K �� ':� detend gmera�l Ne tlffe t�the ProPertl►a93�s!efl�datms end demands,subjeet to erry enauMranaes ot�ecar+i <.`� •,,
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<br /> ``,.'• ::��'� THiS S�CURRY lU197AUMENT c�mbbies wdtoten aavenants tar natlonai use era! nornanHotm covenarrb with BmPted��
<br /> ' � � var[ffitans by juris�ettcn to eonstWta e unRarm eeau@y 6►strumsnt e�tmg�t P�P�II• ' ` � .
<br /> . f•�� UNIFQRM QBVENAM� 8ortowe and Lender eov�mri end a�ea as toQaw� �1 ..
<br /> ' 1.�ay[etet�!mf Pri��t�ta1 r�nd IMe��P�et�t artd La3�Chargee.Bortovr�sReD pmmpuy PaY wt�en C7 :?',�,`
<br /> '; �t:.:'', e n d[a t e d t a r g e�d u e u n d�the Nota
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<br /> ` �e the 6dndpal o f en d t n t e�e s l on t h e d e b t e v f Q e n e e d b y t t�e N o t e e n d a�►1►P�P�� ••;�'-::
<br /> �,�,�,',,;:' 2. �unds for Taxes antD �nsurence.Sub�ect ta appIIrdb!e iaw cr tn a written waNer by lend�BortowPr sha0 pay � .
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<br /> ' .• __,.�::: t o L e n d e r o n t h e d a y m o n t R i y►R a Y m�are�e�mder tlie Kcte.urtD the IKate Es peid in tii9.e sum CFunds')tor. (e)Y�7I
<br /> �`�,��,- �ces end assessmeiRs wlddi rt�aY et�n P�►o�N a�this S�ta�Y�as a Qen on t he P r a p e r t y. (b)Y e a r t Y l e a s e h a i d ____
<br /> �"� •`- harard or propeRy Insu�artce premtums:(�Y�li aood insivanae ', �
<br /> "•:,o- RaYm��fl�und�er�ts on the FropertY.U atry: (e)Y�11 [a by Bamas�ve.r to Lender in aexovJ�tee �, .,.`..°
<br /> ` p�.d�Y•(e?Y�S►��88�ee premiums,Ef eny,aad(Q enY sums PaYab �.,,�. •
<br /> � e tnstmnca preNums. Th�se @ems ete�eA 'Eserow ;,,s;f,�:.,
<br /> . •' ' ' w�h tPte pravistans of paragraDb 8.In ¢eu of the payme,nt o!mott�g '
<br /> ' " Items.• Lend�may.at atry ttma.coIIaet and hotd Wnds tn an amourt!nat to mceeed the maxtmum amowtt a tenda for a _ -
<br /> . .•��.�� f8deraIIll r�a�mcRgage toen maY�equtre tm BoRawer's esaow aeooutrt under the tederal Re21�te Setttent�t Pm� �
<br /> • ` Act a?1874 es amencted trom time to Hcsse.12 US.C.�2601 et se4 l'RESPA9,untess anoth�Isw U►at appQes W the Funds — -
<br /> . . • . �� aeta a tesser omcutfL It so.L�►dv maY.at anY ttme. w¢ed end ho!d iunds tn an amount noi to exceed the tesser anrount �;:r.--
<br />.: ..�`::•. la�der rtmY e�r�afe the ema�mt of funds�a on the Oasts a4 actrent dala and�easonabte esUmates o!e�endhrte9 af U�re _-
<br /> � , " Escmw tte�ns or oth�wlse fi aoeor�ae w8h ePA�mbta law. .—�
<br /> The F�mds etieD Ee fieid tn ere tnsti�on wttase depasSs are Utsured hI►a fedesl agenal►.U►strurnentafd3h or e�y(�eiudln9
<br /> Lender.U L�d�ts sud�an tnstiIIAton) ar(n a�ry Federal Home Lo�Bank. l�d�slmU ePpry the Funds to pay tAe Esaow • � �;:
<br /> _ -- ftems.Lender may not charge Basrower tor Rot�ng and appryMg t�e F�mda�w�►�A the esrrow easounR or verityUt9 ..1�:°-°":
<br /> cha ge �-�--
<br /> the Eseaw Items. �mtess Lend� DaSfs 8arrower Urtoest or+ the funQs end apg�Ucal�te taw pmnhs Lender to make sucA e K=.�,.•>--
<br /> , • cherge. Nawaver. i�nda maY�ulce Borrawer to pa�l a one�tims cAsrge tcr en ind�endent�eaf esta�a tsx�mttng s�vtee r. �=
<br />- ` used by Laider tn eormectlon wHh this loan. �mtess eDP�cabie [aw Pmvtdes athe�vJs� Unt�s � a�ee�t ts made cr � _
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<br /> •"�`` appQcaWe tauvi ce4uTC�tnt�t to tre patd.i.e�dei shalt not 6e�equfced to PaY Bcrrawv anlf��or eamin9s on tAd Wrtds. �--J .:
<br /> .:� �, 6miower and L�d��i/e�trt wr0tr�9.Aowever.ti�ffi t�sha9 6e patd on the F7mda Lender s1�D Blxe to Bonnw�. F, ;
<br /> wfl4�out ehmg�an ann u a l eccow�6ng af Me F�mda.show�8�enil deh9s to the Funds end the purPose tar whld�eacA ._.
<br /> debR to the FunQs was rt�da TRe Funds me pledged as addittanal sec�uSty tar aA sums seaued 01►Me Seaufry Instr�cmerrt. ����.
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<br /> '•,` :�y� ' �:.. `, 8 the Funds hetd by Lend��rce�ttie amouMs P�to be he�d by ePDRcabte�w. Lenda shaD aa:ourn to Bortawer � r v�r.
<br /> - �`��-`;' • tar the mccess Funds In ac�rdanr.e wtit�ffie�e4ui��of eppUeable 6�w H the amount of the Funds he(d by Lmder at et►Y �J�
<br /> • smfiep1pay to latder tite ac�i►oimt n�ecesse�fl to Wmake p�►e�tl�n�7►•8 Bna�er sAa�make up t�he deBci�ry��� �'
<br /> tweNe marthN PaY►��et Lendds sole�llsaetion. �°�"
<br /> • � Upon paymeit in fu8 ot a7 sums seeiued bY this 3eeurE►Y(nshun►ent.I.ender sha0 pmmptfy rehmd to Bomawer enY.F�u►d9 �
<br /> ' � held 6y1,I.ertder. If.und�pata6raAb 21..Lender sha�seqttfre or seU the PraFertY..testder.pdor to the ec�N�on or s�a a!ffie - -
<br /> �''...?`�t. ProPety.SAaD eDO�lI�3l Funds heid by Lender at the�r►8 of acquis�lon ar s�as e aec5t agaU�st tha sums seared by this _-
<br /> � . Secwf�►Insfiun�t ----
<br /> � & ApFBcstlon of Paymer�to. untess epvQcabte (�rr ara,rtdes atnen�tse. a n p a y rt�e M s cec�lved b Y iender uis�or __._.
<br /> para�aphs 1 and 2 shall be eppiied: ftrst.to anll P�PaYrt+����e�mder the Not�second,tn amoutns payahle tcsrd�r ==q,
<br /> ed:
<br /> — . .. .r....,�r w..e.�wa�t�any tate chatoes Que under tlte Note. �
<br /> DacB�apn��itad.io m'seca�i wtc:�:.,.�."r•�•-r-.___. e - --
<br /> 4� Gtsrg6� Llette. Borrower shaD PaY a0 4�ces. essessmenb. eh�Ses. fines �nd Mposfllons ettr(bu0abte to tne _
<br /> � . .:�5;<;?%" .r �P�Y whiob maY�min pdociry av�thb 8ea�B7/tnstrument.end leasehold D�ents or�ound�erte.H eny. Bomower sRaD __
<br /> � , ` �a':� , pay Lh�se obIIgattons tn the manner provtded tn P��Ah 2,ot 8 eoi Patd in that mffim� 9mrower shaA DaY than on�+ae
<br /> .. �`.• .. . . �,•. �re�p 4o the pmson awed D�� Bamewer sha0 proc�l tumish to Lender a0 nottoes of amourns to be patd under this
<br /> � D�ra�h. If Borrawer maices these paymerrts dlrecGy►. Bortower shaQ pmmpUyt Nmish to lender receiDtg �vTdendng ffie
<br /> . '-r�_Sr',-.-_ .
<br /> - ,-,:. �, �8m�royyer shaD�npUY�scharga e�ryl Iten v�hlch has Pdo�tY aver fhis 3ecu�ftf/(nstrument�mless Bosrower. (�a�ees in ,
<br /> . •• , ��:. wrfttn9 to the paYn►ent o!tha obQgffilon secured bY tha Uen in e manner eccePtebte to Lender, (b)�xntests tn good tefth the -.� . �-
<br /> ,��• ' Q�by.or detentls egalnst entor�ement ot the Qen fn.legal Dreceedtrtgs whTeh in the LenQ�a opfilon opetate to Dreusft the
<br /> `.�.;.„� entorcemerR o!the Qen:or(e)seaues irom the hotd+ir ot the Qe�en a�eemen!setlStactoN to Lender subor�iffiir►g the�m►to
<br /> I:�;'.�.: '�',;�. ,;�#: thb Sear�f►InsOumetiL if lendet detem�es that er�l Pari o1 the t=tops�►ts subJeet to o�en whtch may attein p�toc�y over thhs
<br /> .. : Secur�y tnstrumert,Lender may give Borrower s notice tdetrtity6tg the Qen.Bortawer sha6 eaVsh►the Qen or taice one or mote of .
<br /> _ '- : :`": t the actlans set torth ebove v�fith(n 10 days ot the�vin9 of noUce.
<br /> .' `�•�;':�';%;��'� 5. HezartD o��opOQty t�asut'81tCe.Borrawer sHaU keep the improvements naw exT�9 or h�eeetea on the _ __
<br /> , �, ::,[•��fi�a",_.. P�P�tnsured agaUtst loss�y�i�amNs fncduded withtn tl�o tem►'extertded eoverege•end srry oth�Rezerds►lnc4udtrtg —
<br /> �`��'<��;� :. ftoods at ftoo�n9.tor which Len��ce�Wires(nsurance TAts tn�.'�ance afiefl be maU�(ned in the amaur�and tor tha p�tods -
<br /> , .:...,,�.,:.:.•�� �that I.ender reqWres. The tnsuranao c3rster P��9 the tnsutanee shau be chosen by Bormwa s�Ieet to I.eend2Ps epproval _--__ .
<br /> whtch eha0 not 6s.Ecnreasonabty withhc(Q. i1 Barrower taAs to matntein eavera9s desta�ed e�ove, Lender may.at I.end�'s
<br /> .. opUoa.obUatn covc�to Droteet LendeYs dghb tn the PmPertY tn aacoNance wttli para9�Dh�. . —
<br /> ' Afl tnsurance(v'�and�ewaFs shall be eccel►teble to Lenda and ahell induda a atendard mortgage ctause.Lender _-
<br /> . �.�,i::�a;i,;.+r... shaU R�re the dgtft to hotd the 00���eed renawals. It Lender requires.Bamewer shaD DmmP�Y 9�►e to Lender a0 recdD�� _�_3
<br /> ., t! : . Patd Gcarntums and�enewal na�CC�s. tn the euc�nt of tass.Bortower sha11 glve pcnmpt nottca to the insuranca carrler ana Lender. �
<br /> s.
<br /> , .��::.�.`. LenQv may maka prool ot tosa�f r�made promptiy by Bomower..
<br /> , � • Unieas Lender and Borrawer otheiwtse a�eB In wdtlng.Insuranca proceeda ahaU be app�ed W restaratlon or repatr of the - _
<br /> �,� ,' ` .:.�y property damaged if the restoratlon or repair Is eecnomteaffy irasiDte ana Lendera seauftyr ia not tess�ed(f the restoraUon or �__
<br /> rep�!r is not economl�alty iPasfbte or Lender's securfry woutd be lessa►ed.the tnsurance proceeds shaB L'+o�pplted to the sums �,_
<br /> ��-�,�,,�,r.l,��. sear:ed by this 8ecurtty Insbument, whethv or not then dua+Mtfi anf► excess pald to Borto�ver. it Bortotiver aDandona the E--:.__
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<br /> .•�..lti.�;s,:; Prcv,�. ,or doea not answer Within 30 days a naUee irem L��s1�r that the insur�ce carrt�tc,as otteted to seHle e dabn.then . �,_._,.-
<br /> ..:. ur�5�c�,„ lender maY coQeai the tnswance Oroaeeda. Lender maY usa.�.prooeede to rePai►or rr�DSto the Pmp�tyt ar to�pay suma
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<br /> , � se�eured�Y this��r(ty tnstrumen�whether or not�en dua Tiye 30da!!Be�tcO wlll begln eria�the noUw is gfiien. -
<br /> :..�. , Unle�s L,e1tcA�t eed 8orrawE� dthetwfse a�e In wrfttn9. anY e?A� of pmceatl� tv prtndpal sha0 not.e�Q,ettO or
<br /> . ..��4;:1.r:,• � Postpone the due�ate oi tAe mmnhty paymeMa referred to in paragraphs 1�d 2 or change the omourtt ot tAe paymeMs..11
<br /> -_. ,, �.,=� uader Qarecgeph 2/ tha Pmperly Is ae�u'aed by Lender. BorrowPls dght to arry insurancs poDcles and proceeds resrdl6ig�om
<br /> . • ��1? � damage to tho ProPert�/prior to the ac�uts�lon shall pass to LenQer to tha ext�!o!!hs s�s!s by thla Seeurity (nsWment • ��_-
<br /> • imme�IIatelY Ddor to the acqutsiUon. •
<br /> � � 8. Oeeapancy, Preseniatlmn� MaiMenanee and Protectlo�f o! the PuopeetY Barrawor'e i,+oan
<br /> A�IiCe4�on; L888Ah01de. Bartawer ahaU oaupy,estebllsh,end use the Properry a9 Bcnawer's pdndpa!residena wBhin ,
<br /> - �.. . � s(My Qays after the�cecuflon af thts Seairily Instrument snd shal1 eoMinua to occUpy the RtopeAy as Bnrtowera pt(ndpal -
<br /> • .'.. ` residenee for ei teast one year aRa the datg o1 occupaney.unless Lendcr otherwise agreea in wriHrtg.v�hlefi wnsent ahali ao!
<br /> � - � +.�••-�---�� �-= be unreasonabM withhetA,or untesa e�cnuating cirwmstances e�dst whicb ere beyond Bartowe�'s controL Bo�rower shell noi
<br /> . . :,.'. �. degtroy,dnmaga ar ImpaU the ProAert�/.eUow the ProD�►to deteflot8t9. or eommit wa3te on the Pmperiy.8atrawer sfialt Ee fn i
<br /> � • <.��,. ° Qe(autt H arry totteiwce action or proeezdin9, wiiether dvU or e�{min�.Is begun that tn lerdars good fatth lud�nent cautd resutt
<br /> ' fn taAeiture ot the FroAah►or otherwise mater�ly►trt�alr ttte Q¢n ereated bY thts Seeurity Insf�uma�t or lende's sewr�y Intereat .
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<br /> ------.__... _ F1318.1M0 p1973
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