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<br /> ` ��',`'�- • 70C�ETHHi WITH eD thB tmproverne�ts rtow or Rereaiter�ecffid on the Prop�ht. and ail eaSements.eFpuRen�Ces.end ��:.,:.
<br />_ ` `` `` �f6mues now ot Aeceafter a paR of the P�A�Y•�"sP���d addEtons sha0 atso 6e eove�ed by this Sycur3Y tnstrument� �. , :
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<br /> ` . • • A6 0!tlt�toregotn8 IS rBiened to In this Secur�Sl InstrumEtlt es the'FroD�11�� ` r..`
<br /> BQfiRQW�I COVENANiS tRat BoROVrer ts tawtuQY setzed ol the estate hereDy comreyed and has the�ht to grant ea '
<br /> -`:', �''•""� comey ths PraDeRlt �d that tl►e P�ropenY ts unencumbeaed �t�Or enaunbrances M rscord. Bonower wartants and w � • i�.'Fs
<br /> - - de(mid genp�aQY the t�19 ta the ProPertY agalnst aD Ctaims and demands,subject to any sncumb�amces af�ecord. ...r4:�`r..
<br /> THl.S SECURIfY iNSiRUMENT combinea unHo�m cavenm+ts Tor nsti�anef use end norwn�ortn eoven�Ma wdt� t§nfte .,`;,
<br /> ` vacbttons by jurisdtctton to eanst7Nte a renifortn seeurlyy instrument eo�hg rea�D�DeKY- �< <; .
<br /> UNiFOHM COVENANTS. Bartower end Lender eovenant a�d egr+as as toQows: • . '
<br /> �� ' 1. Paym�nt ef Ptin�Ipal and tnteres� PrePayme�at end Late Chargea eoaower ss�en pron�ouy oay �
<br /> e �
<br /> t,;= ;. � � due tAe p�nc�tDal 04 end Intecest an the Qedt evTd�eed by the Note anC efif OteDBY�t and L�chargos d�e under the Note. , < ,.
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<br /> . 2. FURdB 40T Tlat@g�3id!t!�lTB!!C@.St�bject to aPP���w or to e wr3tan w�tuer by Lendar.Bocrovrer shaJ PaY , .; •`:
<br /> ;^ `:�- to Lender on the daY monti►ty PaY�ts a�dae un Q�r U f e N a t e.un t�tl[e tQoUS ts O�d �f�•a sum("Funds°l tar. (a1 Y�N .
<br /> tIDaes aud�ts whicfi maY atmh► Rrtora5►over this Securn7t Ins�ument as a�n on the Property: (b)YeerfY teasehotd
<br /> _::,..� paY�ts or ground rents on the F�opertY.d enY: (c)Y�Y haiard or ProPe►�Y insv�er+ee Prert�ms:(d)Y�Y fbod fisurance , '. �._
<br /> ptE�tS�tsts.�enY.(a?Ye��b^'��99 insurartee Premiums.�enY+end(fl 8ny sums Oayabt9�Y Bortower to Lender 6+aeCOrQenee - --
<br /> � w�h the provistorts ot p8ta�aPh 8. in Iieu ot tt�9 OaY�t of mortgage Usurance Orem6�ms. Thesa �tems are ca8e0 �r
<br /> ` '���:". ��ms,• I,ender may.at�y tGnB,coRect and Aotd Funda In an emount not to exe�ad the maximum emount e Fander far a
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<br /> ., tederaUy releted mortgage toan may re4uire for Borrovrers escrow aewunt under tha tedeial F�eel Estate Setttement Procedures
<br /> .- .. Act of 1974 es emeaded iram time to tlme:12 U.S.C.�2601 et seq- ('F�SPA7. urtless enott►er law thaf apP�es to the Funds
<br /> - s9ts 8 issset emOUnL It so,Lend9r may.at 8tty t'rue.e0�eci end f1o1Q Wnds h an emount nOt to e�R�ed tRe IesSet esn0um. .
<br /> Lender may�the amount of Funds due an the basts of current date and reasonabt�est�tes ot eo�endaures ot tuture
<br /> - Escrow items or otfiawLse tn accoNance w3h qppRCebte�av�.
<br /> . . s , �� � The Furtds sha0 6e heid tn en tnst�tion whose dePosds ece insurad 6y a federal agenoY.insCUmanta@Y.a��Y QncC�ding . .
<br /> �' � r Lend� B lender is such en tnstlGNan)or In any Federel Home Laan Bank. Lendar st�a0 aPPh►the Funds to pay the Escrow .
<br />- _ � itsms.Lendet may aot eharge Baaower i�ho�rg�on�the Funds end Rpp6;ab��faxr90ermfts LenQes Wunmake such a
<br /> � _ . th¢ Esctow items.�unless Lender Pays °-_
<br />. . �Agtgg_ However.Lend�may requhe Baaowes W Pay a one�ttrne cheBe Por en IndePenEent real estate mx reDortfig se�vice .
<br /> _ _ . .y ._ - �d by LenQer tn coMeetton w@h tnfs Wan. untess eADQcaDfa tavi pcovides offierwise. Untesa en agreement is matte or -
<br /> .'; ' apPGCabie Iaw requUes(ntarest to he paid.Leadar sheU not be requhed tn loaY.Borto�vear enY�tterest or eamings on the Funds.
<br /> . • Bomnv�and Lender maY e�ea In vrr�'sn9.howavsr. thet�est shaD be�patd on the Funds.LsnQer shafl 8Ne to Bortouuer. ..�, ,!
<br /> ..! .:'° 4•: `` . without cherge.en ennual accounting of the FunQs.showtn��se4�ts artd deb$s to Me Wnds and the pu�POSe for whfch eacA .
<br /> ;u,�'<-:.::•,,', �; deDR to the Funds was mada. Tf�e Funds are Pled9ed es a�fd3tonai secur3Y fot aD sums secured by ffie S�atrity insttttment
<br /> it the Funds heta by Lender�d the amounb Dertnift�to be Aetd bY aDD�abfe taw.l�der sAeD accaunt to Bo�rovrar _
<br /> --- . _ for the�xess Wnds In ecxorCanae wRt�the requi�ne�ts of ePpik�bb�.ff t�e amount o!tfie Funds hat0 Dy Lende►at eny '�
<br /> tHne is no!SuffiC�nt to paY the Escrow items when due. Lender may sa noi3y Bocrow�in w�Nn9�eed.�such cese Borrovrer "� .f:�;�'•
<br /> shaU pay to Lender tS�e amount necessary to make up the deHcienay. Borrower shall meke up the deRcten�I►in no mora t�an : �r=;-._
<br /> tvietua madhhl D�ents.at Lenders sota disaetton. '�'`--"
<br /> . .. .° . Upon paqment in tu0 of e!!sums seaued by thts Seci+Cdf►instrument,Lender shap pre'mpttY rafund to Bosrower actyr Funds '`: .
<br /> - „ hetd bl►Lertdet if.under Oera�aDA 21,6ender sha0 aeR�ire or seU ths ProAertY.Lender.Psiar to Me acquisitton or sa1�ot th0 �
<br /> ' `,: FroPeriY.shail eAAry enY Funds held tiy Lender at the time of acqub8ton or sal�ss a aedft against the sums sscured bY th(s �,
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<br /> $ecurfty�nswment ��•-
<br /> • � � 3. Appticatton of Paymenta un�ess evv�re �aw pro�raes osnerw�se. all payments cee�ed by I.ertder nnQer `
<br /> � p�agrephs 1 en0 2 sAaO be appBed: Nrst.to enY P�P��t charges�s�under the Note: second,to at!iounts payabi�under �
<br /> ,�' � � > paragraph Z thUd.to(nterest du�tourth.to PrinCipat due:end 1est.to ar►Y tst�chargss due undsr the Na�. � . `.,^
<br /> ��.�.�, ...' 4. Charges; Uena eomower snao oar an +�ss� sssessmems, cnarges. Bnas and tmAosiUons at�utabb to the
<br /> . . ProDertS►which may etiain prior�y ov�this SecurByr msuument,end Yaaasehoid payments or ground rents.ff any. Bortower sha0
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<br /> . ' � � pay these obOgations tn the ma�mer pravided in para9raAb 2.or N not paid in that manner.Borrowsr ShaU pay them on time • . _
<br /> ' ; •_�� . dlrectry to ths Rerson cwea payment Bartower sha1�Orompty fumish to Lendo�a1! notices ot amounts to 6s peTd under this
<br /> , . • • par8grapA. It Borrower mekes these paytrtents directb. Bccrower shaU DrcmAUy► tumisb W Lender reCelpts evldencing tha � ,..--
<br /> DaYtnenLi. -
<br /> . � �� Borrawer 8ha0 pmmptty dtscharge arty Uen vuhtch has prtortty aver thts Securay tosWment uniess 8ortawsr: (a)agre9s tr� -�--.
<br /> , . -.� w�tng to th9 payment of tAe obifgation secureA by the Qen tn a me�mer acaePtabt�to LenQer, (b)contests In goo0 laNh the �=�.,1
<br /> � . �en by.or detenQs against enfort:erttent ot tha 11en in.tegat Droceedi�gs wh(cb tn trt0 Lendels op(nton operate to prevern the ,�;°..
<br /> � ':.�� entoricement ot tA9 Ifen;m(a�secuces ftom th� AotQsr o!the Qen en aSreemonl satisfectorY to lsnder subord�aUng the Ren M =-
<br /> tAts Ss�ugy Inst�ument H Lender dstermine�ihat anY Part of the Propwty b subject to e�en whbh maY a�P��U�r��
<br /> �� ' $ecuriry instrumant,tsnder may 61vo Borrower a nottcs fdontEying the een.Borrower shall satisty the lien or tetce on0 Or more ot
<br /> .;.~>.:t:: ._ .
<br /> •,.���,:•.:....; �� t1'48 sottons set YOrtb 8bave wfthin 10 dsys of th9 9lving of aotlCe.
<br /> �r'�;�:'f J•'. .;;:�. ;-:� 5.H�d ot �rOp�.'�iY t118ur81tC9.Borrower shaB k6eD the imDro+�nents now existb�9 ot heteaRsr erected otf the _:
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<br /> .. � :•`: PropsRy trt5nred e9ainSt loss Dy►fhe. ha:erQ8 tnCNdeO w@ha� the term'�ctende0 CovereSa"end any Othef Qszards�Incdidtrtg
<br /> . � ftaads or Hooding.tor which Lender requires insurencB. T�i s l n suran c e sn aA be meh�telne0 tn the amounts e�d tar the peftods �_ f
<br /> that Lender raqoUes. The Inswence carrler pravldin8 tha Ins�ranae SAaO be chosen Ey Borrower sub�ect to LenEets approval -
<br /> whictl sA811 noi be uru+9asonabty withheld. If Bortower faIIS tO mainteln cov6raga descr�bed above.Lend¢r may.af LenQet'S �' `
<br /> � � ' optlon.obt8in cave►e9e to protest LenEefa ri9hb in the ProyeRf►in eccordance wfth para9raDh 7-
<br /> , :. i M b�surane9 PoIIctes end ranewals shail be ecceptabta to lenQar end sha0�eludB a standard meR9a9a clause. LenQer --
<br /> s sha11 QavO the r�M to hold the poDctes aed renewals. lt tender cequtres.Borrower shaU prompty gNe to Lender a0 recetpta ot
<br /> • � patd premiums and renewal noUces. In the evm�t of toss.Barrower sha0 gfire prompt notice to tt�e inswm�ce cartiar end LenQer. '
<br /> • Lendsr may mako proof of toss U aot maQa�rompth by Borrower. ••
<br /> Unless tsn�er and Bnrrativer otnorwue s�ee h�w�in9.Ingur�Ce P��eds sha(I be epp�ed to�e5oratton ar�epaU ot tha .
<br />- � � properry damaged,N the restoratton or repe�Is economtcaLy feas�la end Lenders seeurdy ta not lessened.N the ros.^��adan or _
<br />__ � ' • ; repair is not economicaiN feas�te or lendeta securfty wautd be tessenee.the insurance proceeQs sha0 be eppIIed tsr the s+�ms
<br />- ^ seeute0 by thts SseuAty► Mstrument, whether or not then due, w&h any excesa Oatd to Borrower. If Borrower ebanQon9 thB
<br /> -� i Prppsriy,or Qoes nat answer wghtn 30 days e noUce from Lender that the insurenCa cerr(er hs�ofterea to 8erii9 8 otatm.then
<br /> . • , : .,:� :; I,end¢r mey col�ect the Insurance ProceeQs. lender maY use the Oroceeda to repag or restore tho�oAerty or to pay sums
<br /> ♦ •� • seCUred by t�t9 8eeurjtY Insttument,whether ar not then due. The 20�day perlod wID begln when the ea5ce is given. ";
<br /> � Untass Lender end Borrovrer othenvise a9rea in w�n9. anY eAA�n of praceed� to prfieipal sNaO aot ettend or ,:
<br /> � ' postpone tAs due date of the monthty Dayments c�terrad to in paregraphs t end 2 or ehan89 the amount ot tho�syments•(1 ';��f'.;;>::
<br /> - ~ri,.
<br /> � under OeraB�PD 21 the ProDeAY Is acquted by Lender. Boirowera r�t to eny insureno�poGc�s and Oroceeds�s�Etng trom :
<br />" � demage to tAe Property prior to tAe ecqu'ssit:an sAaU Oass to I.enQer to the mRent of the sur.:s by 4t�ts Sscu�dY fistrument `�'.
<br />- � ImmediatelY PBOr W the ac4u�@Ion. .,
<br /> � ' ' 8._Cccupancy, Presenio8on� Mnintennnce and Pirotectlon ot the Propea�yf; Borrotirrer's Loan
<br />_ . . Appiicatlon; Leaseholds.eorrower snau occuvr.esrac�sn,end use s�e arovert�r as eorrowe�s or�rse�resiaencs ws�� -
<br /> .` � spQy dqys after tha mmcuUon of thia Securiiyy tnstrument end sha0 cbntinue to occnpY the ProAertf► ea Bortowars pNncipat
<br /> � re9tdeno�tor at laast one year after the Cate of accupanCy.untesa Lender othew�h�e agrees in wdtln8��icb consent shafl no!
<br /> � Oo unreasonabty withhe!d,or unt�sa e�RemraUn9 oUeumstanceg exist �^+h1ch ere bey°nd 8orrowePs controL Bortowar shaD no!
<br /> ' � destrpy,damaga or Mpab the Property.eltow the PropeRy to deterbrate.or commft vraste on ttie PropaRy.Borrower sAaD be fn
<br />— . . In�foAel�re ot the Pr perty ar obh rarwtse materialiy►im0ah the iten create0 by thls Seau ry tnstrume�nt or lsn�ts�urtt1►utir�tereaL
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