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<br /> BORRUWF.it COVBN�IN'1'S th�t Sonower is I�wWlly kit�ed at tho ett�to 1►orcby ca9gad���M to
<br /> �rant and oanvey t!n! Property �nd thN the F��openy Ir unrnrumbrred� excrpt tor�ncumbr� of romnt. Rormwr.�
<br /> w�rnnt�u�d will detend �enenlly the title to the P�openy���ln�t �II cl�ina�nd demnxli� cubJect to my e�►r��mtiru�oes
<br /> ot reooM. -
<br /> TI�i1S SECURITY IPISTRUMHNT cc�mbina aniform oovauu►t� for rurUotW we�nd non•unlfarm oaveiunu wlth
<br /> 1fm11ed vul�tlau by juri�dictioA ta con�titute i uniform�autity Inucume�t caver(n� real PropertY,
<br /> UNIFORM COVBNAN'1'S. Borrower u�d [.ender wveiunt �nd yree � f�llowr. -
<br /> I. � oi Prioaipd� tMa�nt �nd Wo Cfw�a• Borrower �hxU paiy wAm due the princip+�l af�u�d 'entec�xt
<br /> nn.ihe det►t evidmad by t!x Nae und i�to chu�d due under the Nate.
<br /> Z. MuaU►ly Pa�ment of'I'asa,[n�urwoe. �ad 0�Cb�r�. Ibrrower ch�ll include in e�ch monthly payment�
<br /> tosaher with the princip�J and Intorest ��act forth In the Note �nd �ny I�te ch�rgc�, +��um for(�) tua and spxi��
<br /> �aseumento lovied ar to be levied��afrut the Pro�ny, N) Ic�cehald p�ymenta or amuixl rcntr on the Prope�ty, �nd
<br /> (o) Pr�mtumt tur Iawranoe roquircd under pu�gr+ph 4. In Any ye�r ln which the i.endor' �t pi+� which suBch
<br /> InRUnn�oe pranium to the Secrctary of Hawin� �nd Urb�n Davclopment ("Soc�+etary").ar in u►y ya�' .
<br /> p�;emiuun Mrould lurve ban required if Lxnder uill held thc Securlty Instcument, e�cb cnonch�Y p�X�ent ah� �O
<br /> ixfu� sJilihcr: ii) a tum for the umual mortgaae inaurance pcemium to be paic!by�c.� t�a Ab+e SocrEtu7F'.ux(�i.)a
<br /> e000tAlr ctu�e i�tad of a moct=ate insuru�a pranivax �f dy:Ps Sc+cv�rit�r Ar.dsawnc�ee i,�P�,c�cA by t!k Sa:rct�ry. P�z a�
<br /> :e�rs.hle ��t �n h'cle�ermined by the Secretup. Except for the m�o�C�Y � pY� ��rY, thaie itcyms
<br /> arc alted "F,.umw��eerns' end the s�one p�id ca l..ender re ra►�Iled "�aCrow 6Unds." _
<br /> [.ender a�y.�rt an�r ti�ewe.coticcc xd hold u�raua�s far F.e�.�r.c�w ltmu in�n a�reaa�e �rticsunt aot to eacoeed U6e -_
<br /> maximum �rcau�t t6,�t r�g be roqu�ire� fcx B�oirow�m's e�nw socount uzkkr the Re�l Est�te Settlanent Proe�edu�a
<br /> Acx of 1974,12 U.S,C.�2CA1�,�eq.�ux1 impAemayting reg�ui�tiona, 24 CFR Put 35�0.res they m�x ba unended imm'�n
<br /> tiwe to Wne("RGSPA").cxoq�t th�[ ttl�c cushioa c,r raare prnnitted by RESPA for wu�otkipaood �ur�a�t.+ �s
<br /> d'esb�rsanau� befotc the Borrower's paymrnts �re ivail�ble in the sccount may not be baxd oa*m�ianls dut far�1�e
<br /> imrt�e inwrance prertiium.
<br /> If the s�rquna beld by L.eoder for Escrow Items excxed the amounts peri►duod to be l��d by RFSPA, �.eadet�:���
<br /> aorount to Borrower for the eaoas fuads m required by RESPA. If the unounta of tunds h�ld by ����y��
<br /> �c�e uot aifbcian to pay the F.�emw ltcTm whea due�L�eader may aotify tbe Borcowa �nd raryire
<br /> up tbe iho�c u�ern�ttod by RESPA.
<br /> 1'�s�W F„TM!R,K rtedaed as addidoml accudty tor�Il xum�accur�u �by tbi�Sr.GUriry[nstnu�t. If Bcatto�+a
<br /> tcnders w I.encler tht full�►ymena: �:?'all such wrtn,Rorrow�rt":� a,r.count tball be creditecl wilh the b�lmoe a+rn�i�oi�,�
<br /> � for d! Inst�llraent items (�),N).��"���' i+�)+u��ny mongage ie�su.rx��ce premium insallitienl +th�t La�der lu�aot ba�a+�;ae
<br /> , ob��a w pay w��c secre�ry, �c�� �� ao��y t�er�na .ny exoes�tw,a.w eorm�va. r,�,eai,�y��x��r
<br /> to�fo�reclowre ttle m�a+hx Pt�q�ertY or iu Acquisit�n by Le�xler. Bormwet's acea�nt s1a11 be creditad with�ny b�aaoe
<br /> rem�inina for all inst�llmenb i`ot Ilt1m (a). (b)��u�d(c).
<br /> 3.. Applicatlm of P�ymaM�. t11I pay�aesi�t under p�a�gr�phs I and 2 Eh�JI be�p�pliod by I.eader u fdlows:
<br /> g�gQ.w tbe mwt�{�e iawr�ace pnmium to be p�ld by Lwder to t!� 5ecawy or to�he m�atldy chr�e bY the
<br /> � Secretary iu�tesd of the moothly mocta�ge in�suru�ce pnnuum:
<br /> ,�1�. w�ny taxa.�peciM! �s�rnq� lesuhold p�ymaK= or tro�a�d raiw� �od tire.floo6�od oWx bwrd
<br /> {osurs�►�cs ptemiums. as tequired;
<br /> �. to lntemc due under the Note;
<br /> PQUA.7H. to amo�tizatioa of the principd of�he Nota�.m•rs� . ��.
<br /> � �,��:�
<br /> �.to W.e cSin�sges due ut�der the Nae. ' •�.,���
<br /> 4. Phe�F+Iootl�ew:�� ftu�a+d Ia�va�e. Bormwa'a��ll iasun•all lmpcovement: on the p.c�:.gtrly, w6et]ier .
<br /> now in e�iNer�a ar w�Aiquently �te�tod� �Saiau aay hw�r�s>.�1laualtia� and+watinEeacia� iacturlln$�a±q.foc w�Ch ,
<br /> � l,endet requira iawr�uooe. 'll►Js'�imsurNnoe slull be m�t�t�i;ned in tbe amount: �ad for ttre paiodi dut �;k�milcr.
<br /> �. ieqiur�. �84�'a shW al�o itis�ur� All in7pmveritrnts Pr,�"Pne Pc+opecty� wt�tLer taw ia exi�tena or a�booi��ntl,y
<br /> '�;'',,'. maYed;,t►��iast losr�y 1�oodt to tb�e'nxtent c+e�iFS4 by tha �ecmary. All Guur�noe �,ill be carrled rvith aosnpi�oua
<br /> ' �p�rohred•'t�jt Leadca': ��'�r�ie�uuur� politia �►d.wry nnsw�ls thall be hNd by I.andec �md�lWl lnc}Ilde 1ae Pg'abk ,
<br /> �' � ds�aa ia_f�vor at'.•��x� nr,�a fo;m acroep�tble 3�,�der. .
<br /> In tbt eveat of apx,q�'&brmv�rir �shefl give I�1t1�'imimo��IBiFte aotice by mail. Ld�der may mdce pt+aof of Ioe�if uot
<br /> tmde pwnptty by Hoi�r�wer. �h�inwru�ce cam�nY cu,�at:;�,�ed 'u dacby wthorited and dirxted w m�ice P�Y�
<br /> fa sud► loa directly•�t� l.endee, instad of to H�rrowet ?mod to 1.enda joli+tly. All or �ay put o[tbe ir�k�,ne
<br /> pmne� m�y be ap�it5��r1 fiy Lender. �t its opne�o �lpaet(y) w ttx reductlan of the indebtednea ut�de�tbe Note ypd
<br /> �yL Socuriry [nstrom�e��a�;.'first to my delinquGnC��notiflzs e�plied in tLe Acda iu p�nsniph 3.and�en}o�yrpdne
<br /> of princip�l� or(b) to tbe restoration or [r,p�la:,�o�1u�e:Llxum�;od PropatY. Any �ppliCtd�on of tb� �oaxds•1���a�e
<br /> - pr9ncip�l sL�ll not exteud or pac:�}sc�ne, tLe dt1�0 d�3a�o'1�u3ie jm:�sr�l;+ Mymmu which�►ne reFefr�ad W in p�tal�ra@h;':�z.,�c�
<br /> ` cha�e tbe�mouoc of such p�ri��i��.�Any e:xx�r�y�nsutirw� ,�rocee�ls ovex an�unounc rec�uired w pay all oul�A�f�iir��:
<br /> � inddw�edoe,►� aroder, :e!�e�Notc and lBiis Secux"r.e�fir�l:Trumrnt shall be p�id to the auity 1t�aUy eoti�kd tbeieta.. � .
<br /> Lo the eves of dha,v:rJvsurc of�ha Secureay t�r�xuurneat ur•atba tnr�ffr.r of titk to cbe Prnpe��' �tYat extinNislKs
<br /> � the aodeb�edaep, all ri�ht, titk and interest of Bormrrer in. md to iowrrtaoe poied�ss in foroe �1l pw w � �
<br /> �qeaprocy. pmexriliw, Maiuteaaooe �d rioloaiva of ttie P�a�at�: M1nc►aner'� Lo� Ap�rliat� ,;'i•
<br /> Ir�r�eld� Bor[O�Y�!! f6al10CCU1?Y.atablicto��nd we �he Pcqxrty �Borr�a's priacipat residesr.e wiWiu sixt�rd� ,
<br /> ' �tla tbe r�cecutio� es�tlkis Security Instrumane Qor withyn rucly d�ys at a+tues��it e�era�r�tr as nna e�er�s!) �wo�
<br /> �oaini,e to«xup�r ti'ec Prapr�cy� au Uorro�rrr's��ri�Cip�l ,�i�r.aoe ror� vawc one yn�r ana �9e aaoe c,e oacs�rcyr.
<br /> unlas L�ender da+�r+,i�s rl3at r.r�qu�c �wi�t c� w�due dt�d�Lip for Bhtrowa. or unkst ext�lia�
<br /> ciraunaa�oa exisr �rNSc� s�ne beyonri' �w�va�a`� onntml. 8ormwer �tull aotify I.eader of �ny aa�
<br /> Nra�w�rw-pttn o�tst�oe�tu,sr �
<br /> �� ��pp+�.�� P�e 2 of 6
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