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<br /> �::a�,a HORROVNER COVBNANTS thnt Bomawer i�kwtully�eMod ot the awce bereby oo�nveyod end has the ri4ht to graut
<br /> .�w�� and cop�+�ay the Property�nd th�t tho Prapeny Y wnexumberod,eaooept for ecxumbraaoa ot teoc�rd. Borrawer w�craau�nd
<br /> `:-,°-�?L� wlll defend�ene�y rbo tI►b ta tho PropenY �Miaspt�11 cMim�u�d denunds��ubJoct to eny en�cumhnnoes af r000rd.
<br /> "�"°` THIS 58CURfl'Y IN9TRUMEMII'oombiaa sinfform oovensna tor netbml uso and r��n•unJform oov�enent�with Ilmttnd
<br /> ������� varlations by jurlaikti�n to wnstitutc a unifc�rm eucur�ty instromedt awering rcal property. �. �
<br />�'�:.�. .� UNIFORM COVENANTS. Hctrcow�er uxl L�endcr oo�v�enznt md agra�u falkn�: � E,.
<br />=��rr.. � �. p���p��,l���i.w Cwe�a Batrower�heU pay when dun tho prindpal of,andlnrore�st an,tho � _
<br /> ;.�.k�-, debt ev6denrod by the Noto and{�to chu�es duo audar tl�o Note. __
<br /> ��i: � . �, MMt� PIIy�MMI of 7'�101� jYNK�r � �r�� �Of�OYVC��h�u�IICIUQO iA GICh I[104th� jNyri7GAt�
<br /> - ' togcthrr �vith ths: princl�l end intereet as se�franh in thc�N�to and�ny late ctu�rgez. a sum Far(a) taxes and�preGsl -
<br />-•.:�,....�� as�umenu lavied or co 6o kwiod�g�int tho Property, (b) ka�cdokl p�ycrrcnu or grou�xi renu on the Properry.and(c) �
<br /> ���� premiutm tor ipfuranoe roqidrod ucxlet paragepb 4. In arry yrar In which tho l.,ender mwt pay a manga�e in�urt+nce _
<br /> ���� premium to Ux Socrctary of Hawing and UrMn Devebpmeac(5ocreu�ry"),or in acry year in which such pre,mium waukl _
<br /> :_��'� havo bxn roquirod it Lendar aUll t�aid c4o Socur(cY lactnunenb each manthly payment�hall�l�o include etther:(i)a ium far _.
<br />-�y:�'�:. tbe annual mc�rrgage fnsurenoe premlum u�bo p�idDy Lender to tba Saxatary,or(il)e atoAth�r chtrylo tastad ota mon84Bo =
<br /> �'�. �1 inturanoo prc:mium if thk Sacuriry Inttrumcn�is beid by tbo Sercretsry��1R II ICaiO[1�b1C R1qQUQt tQ bC dEICTR11tIC�d l7y tbA
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<br /> =`"`!�'�"a� Saxetary.F�ocept for tha moptiily cher8e by tlx S�aatary�tbao[toa»am calbd"FicroM Itami"and tho suua ptiu ta I.eudar _
<br /> -��,:;:;'^'� are calbd'Pscro�Fl►nd�."
<br />_:;;.�� I.EI►C3L'I Rfity�8t flDyl t�RIC.OO�C(.K 8Ad�10�aGIOUAIi f0i�ff701N It0II111118f1�$$(C$�t0 8fi0llllt QQt l0 R1COGtQ t�10�p9�7JDf1Ui[1
<br />_--='-�,'��' amount thet u�ay be rcquirod for Ho�roa�r'� acrr�+aaoount under tbo Rcal Estate Settka►ent Prc�codtaa Aa oi 1�'7A,x�
<br />.-`;`;�-i?� U.S.G g 26U1 et aea. and impiementing r�guls�tkt�, 24 CFR Part 350�.as ttxY may ba amGndcd from Umo to timo
<br /> -�"f471�' ("R�SPA�,c�aept th�t tbG cuthba or rae�v�o persnittad by RESPA(or w�ntkipatod dhbunemeats or disbur�emants be�nn:
<br /> ---==— tb�e Bamor+ePa payexats�ara availabk in tbee�aroeaat may nat be basod on amo�unts dun for tho mottg�ae,in�umtxa pnsmt��as.
<br />-,,,.��,� If tho em�auau hekl by Ld�ler for F.�c=^oN Itoms eYOOOd tho amaunts.permittc�d t�bo hald iry RESPA.La�r ebtli
<br />�..�..-,�� auvc►unt ta Bc�meruMer for the e��ss tund�ss roquirod by�tLSPA If tlx+amnuats of Rwd�held by Lender at uryti[�o am nat
<br />_:�� s:afGckn►t to pay tha E�ctow Itemi when duo,I,eneier may nc►tiiy tbs Bannwer atM roquire Borrower to mako up tht sAortr�ra
<br /> �— as pe[aaittod by RF.SPA.
<br /> :;,;;;� 'Ihe Pacraw Fut�aie pled�ed e�additbn�l�sexvrity 6ar all sun�s securod by Wk Sesur[ty Itupvment� If Barnr�rer taaden
<br /> co L.ender the full payment of ell such swm.BartneMer'a w:�unt s2�xll ba cralltod with atx batanoe re�8 far ali ix�stnllment
<br /> ---- Iteme(a),@),end(c)end any mortga�e lnsuraaoo pmm4um i�taUment that l,en�kr t�mt beoo�v ob�l�sia 1 u��r to the
<br /> __;='°�i� Se�ret°rS'�ewd Lender shsll promptly miutx[ioy ao�ess fund�to Bormarr. Immodiauly prbr io a t�recla�un saie of the
<br /> =--, Pcoperty or its eoquisitian by Leuder.BOffQ11MU'6 31f0OUIIt 6�8U HC CICdISO�Wlth LIIy I�{8n0C fC�Inlb$�0!OII�iIAI,IO1CIIf�IOI
<br /> _,.R-_. $CRM(S����s�����
<br /> � �!!����7�� �P�Y�� �i�R�P�s 1 and 2 sl�all bc appliod bqr L�ncia as folia�s:
<br /> -- ---- �*_�tL�+*!��insurn�oe premlum m i�e g�id by Lender to thc Sxretazy or w tbe monthiY cbarAe by tbo
<br /> ' Socrotaty iasttad of the monthb'mat6aP�inswatw�e premh►m:
<br /> —; 5EC�ONU•co�, ta�t�apxW au,exsui:atas,leasel�oid pnymcals vr grouad rents. and fira. tbod aad oth�et l�autd
<br /> --'r.' i�urepo�prr,miums�es roquired:
<br /> � �p, to inurest due uader tho Note:
<br /> + �0�,to amortization of the principal of tho Piat�e;end
<br /> --i �,to lete cllsrees d�a undet th�Nolc.
<br /> # � �,P1oM ni OWer�i�oN l�u�we. Borrawet sHaA insuce all ia�pmvemeuu on the Propaty.xhethex no�v
<br /> ia e,xbteme or iubaquently erectad.ABaimst+u�}'har�rds, casvaltka►8Ad COIIdpBC�.IoC�11djOB BI�C,�Or �fiirh I.eader
<br /> requt�s Lxurarna 'Iriis iissuranoe sha�bc mtnraloo@ in tbe amonnu aaci[or the period�that Leada requiia. Horrower
<br /> st�nU elso ineun ell Improwtaeats oa tbe PFaperty�wbesb�r aow Ia ead�una or subaoqueatlY etxt�,u��sa bea bS'�o�k
<br /> tio the eatent roquired by the Sesnsary. Ail im�ranc�e sLaA be catrkd wIth aompaniea approv�ed by Lenda 'tbe iosurnaoo
<br /> � polk3es and aury x+cn�val�Rhall be hekl by Iscnder and ahall indu�le loss payebb deuses in fnvor of,und in e form aooeptebb
<br /> to,Leod�t.
<br /> In tlx ev�eut of bss�Borcower:dall giv�e leador inamctlfate rwdoe by m�fl. Lender may m�ke prouY ot lo�if not maab
<br /> �ro�ptiy by Borraver. Fsch inturanx compu►y ao[�xncsl H hereby authotmod aad dlcoctod to mal�e payment for�uch ias
<br /> c8raxly u Lender�ia�tcad of to Homa�er and to Laodcr joincly. All or nury part of the inturunoe pto�oodc mry bo apptf�od
<br /> --- by Leader,at it�opdon,eitLer(a)to che�+eduaioq of the I�ebtodnea�uoder tbe Nou aad this Socurity It�trumeat,6r�t to
<br /> — � any dolinquont amounts applied in Wo on3cr m pe�egrnph 3,and tttea to pr�paycacnt of prhktip�l,a(b)to tho ratoratba
<br /> __, or np�o[al�c ctameged Fioperty. Any app�cation of We proaalc to tho princtpal:tsall not rxtead ar postpoae tl�e due
<br /> date of tEo awnahiy pa}rtn¢�ts which are referced w in paragraph 2,or ctnngo tbe amouat of auch paymenu Any e�ooeu
<br /> iniure�oe pc+oaal�oNCr an�mount required ta�alt au�staading ind�btodaeas ander tha Note e�nd thk Saurity�actrument
<br /> shall be p�id to the endry kgalty encicled thento.
<br /> In the cannt of torockuuro of this Sec�r(ry Imtrumaat or other tiaasfer of titb to the Pm�rty that�tha
<br /> indebtodat�r.,yll rigLt,tit1�end interut of 3Borcanvet in aad w imuranoe policies in foroe ahall pass to the puccl�aser.
<br /> -- 3. Ooe�aw7��MaSrtea,�oe ri Fmleclloia of tYe Pr+u�ert�;Boee'owe�s L�A�I�ntle��Lea�eioHs.
<br /> - -_-— Borrorv�er�It oa:upy,cstablisl�,and uu the Prona�cy�s Boscarorer'a principnl residcnoe a[thin sbcty►d�after tht e�oowti�on
<br /> ----_= of tl�Sowrtty Instrument(or withfn aixty cls�s ot a later sate or tramfer ot the Property)and shall cot�tfpue to c�oeugy the
<br />_-"—� `� ' Property ee Homnwer's priacipal residenx for at least one year aRer the dnto of accupaooy.unleac tha L:nder detormine�that
<br /> :.-,��.� , requicemeac wiU rause undue hardchip 5or Hortoasr.or uuias e�taauating ejrcum+tenea a�t ahicb ucs bcyood Bor[owePs
<br /> -_- _—_ oontrol.Borr+ower�tall mtity Lendes of any at�nuating cin,�umstaaoes.Bormaner aheU not oommit wasta or datroy,damsga
<br /> - _ or aubsuntiatly chan�e tho Proparty or aUo�a the Prnperty to deteriorew. nasooible�ear and tear rsoepted L�cior msy
<br /> -��—� jIItppCt tbE I�IOpCtty 3f the PtOpeity�S Y8C8IItor abBadOnOd or th0108�$itl dC�ulG I.NndCt ID�y t91cG iCLiqI18b]G�I%�qII to
<br /> ,�y protoct en9 presetve such vacant or ab�ndoaod Yroperty. Borro+v�r ahel!alsn bo in d�efxult if Bnrrow�er,dudn8 tho loan
<br /> '��=•�,� applkation process,Bave materially falsc or inaocwate informatinn or:tatcmratt to Lender(or fa�ed w provide Leader whh
<br />:���� auy mataial infnrmatbn)in oonnection witli the ban evidenoed by chc Nato. induding,but not limitod to, npreseutntinna
<br /> _ �-`a - ooMLi[ima s7oRVwers oa.'upaDC.y oi tnc�ry ss a griucipai[o.iii�iiz,u inn�a.-uriir iairumani m on u irasanoid,
<br />_--.•;�:�:Y Borrow+�er shall mmply with the provisiom at�k�se. If Borrower aoquires fa titie to the Property,the kasehald and fo�
<br />_x . .�
<br /> .:;: , ., tiUe thall not be mergod unkaa Lencler egrea co tha mcrger in writing.
<br /> 'sq fY.�;' f. Co�/e�tio�, 'I1fe proueeds of any awatd or ctafm for damages,direct or oomcqueatiai,in conneaion with any
<br />-i:°: . :. contlemuietbn ur other taking of eay part of tUe Propeny. or fo��omroyanoe iu plaa of condemnadon.are lxreby assigned
<br />,��•'. ""�°� and shaU bt paid�to Lender to the attent of tbe fvll amount ot the indebtalneie that nmstm
<br /> � unpaid under the Note and this
<br /> ft�
<br /> :�.-
<br /> ;�r�.n�:
<br /> ' �• °r:� NSBR/�tA�-1�HA D[iHl)OF 71t11SP(H!i)
<br /> •,,."`::,..+�•� oo.,�..r s,�+..��e»�N►�x Fage 2 ot 5
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