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<br /> " { Tp��'�p{�{� yyITM oli iho trnptrnc�anicl nutv ot hcro�itG crectcd un iho propctiy nnd au raocmenro, op�urtcnances, and �
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<br />- —_ _; fivturtfa nnw pr h�xcafiv a pa►t ot�ho pr��crN• A[1 rcp�c�r►:ntg and n�td�nano ot�au at�o ho covared oy�his Eaeu�►ry Inat�umcnt. _-Y--.�
<br /> ' 14lt ai lha tcxagpinp lo�ctcttcd to It�tM�Bc�unty Inotnimnd u�ii�v'f�o�crry•� _`°_-
<br /> pQfiR01NrN OOYF.NANYt� INaI puROwu�� ta►v1utN acl3cd �1 Ilso �u�toto hctct►y �onvcycd and ha9 tho dpht to pmnt and ,_
<br /> ._,.��� ' ` cu�way lha Ftoperty and Ihot tho Pro>>nty Is uncncumbmaA, uxcC�1 for encumb►ancoa ut tucord. Uortotivcr wurmnto and wi11 �� '�., .�,,
<br /> ' � dcicnd�anc-tuC�/tho tittn te Iho F'ropc�ty aa'nql A►1 c�aUna�nd dvmnnd�, euk}ect to any cncumhrnncoa ot rocord � !,•,, �
<br /> � THI� BFCUlilli► IN9�FIUME:NT �n�iu� unita�m covcnnnta fa nattonal uno ancl oan�un�►o�m aavcnonto �vlih limucd � { ,:�_,
<br /> � �. ; vnd.ittono by�u�dictlon to ranatttute e unttcvm occurlY tnaUUment covc�inp��:sl�ropc�ty. � _
<br /> t1Ntr'�RM C�YEPFANTt3. tlorrowcr und Lcndcr cavennnl ond at1mo an inila�va: ���e� t4A�n �
<br /> . t. Pey�na�nf of��irtalpal ertci latere$t; �'re�ay��M and L�te �h�r{�. R�e�wW t�v
<br /> � - r� , duo Ihv p.dnc!pal ot and Interus!an tho debi avidcncad by th�fiato and any flre�-�yment and 1�iQ eh��4}eg d'+a w'�et tho tUota �' �
<br /> --- -- -- ---- 2. €isiid�� T�� ��It*?!!i2l�.�. e.�e�-.c�w eppllcsbtv t�w or tn a wnttan wnnrc�by lcndcr. klaRawer nhoU pny � +
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<br /> � �.� • to Lendar on tha day monthy pnymonto aro du�undcr tho Nol�, un1U tho Nata Is paid in Ntl, a aum('F��nds') tor. (o) YcartV ..- .:;
<br /> �`. ;���,� t�os and aeaessmt�ntn wha.h may arialn pdotity over Ihls 8acu�ity Innt�utncnt a� a ticn an tho F'raperiy: (b? ycarry Icaschatd �
<br /> . pr�ymenta ot groun d ran ta on t h c► P ro�+e A y, II an y; (e)ycady he�arA or propedy Inaurnnco p�umlums: (d) yearry tload lnsumnco '�• ::`;;;
<br />-- - �' ���'`•• .• � prnm!umn,I1 any: (o)yGatty moRQnflo Inauianco prcmluma,II any;nnd(f)uny oume payablo by 0orrawcr to Lendcr In acsardmro :I' •� '•.�
<br /> ' � with tho pruvis!onn ot pnrtpraph 8,In Ilcu o1 tho pnyment ot martpapo inau►nnco premluma. Theso Item� nro c.711ed "Eauavr _
<br /> ` ,� ','. � Itema.' Lcndr,v muy, a1 ar�y tlmn,collaet and hotd F�►nds In un�mount no1 ta axcavd tho max►mum amount a lender lor a i;_ _
<br /> fedtvally ial�tod mafl(�npo lonn may roqulro lor 8ortmvei n eacrow accounl undcr iho tederai Neal�otnto Retllamcnl Pmcedur�� ' �:P
<br /> ' Act ol tUT4 aa amendud(rom Um�to tlmo. 12 U.B.C,E�7.R01 ot aaq, 1'RESWA'L unlaso nnothcr I.iw Ihat uppAa� to ths Fu+e�ta ,� ;�,
<br /> � . � • � +t sato u losner nmount. It ao. lcnder may, et any timn, caAecl nnd hatd Fund9 tn an �mount not to axcced Iho loarsn nmount �� �_
<br /> ' landcr muy ontimnto tho umount o1 Fun�� d��o an thp bnaiu ot cuReM dntt�und rea3onnblo astlmratc�at expcndput�n o! bUnsm i.:_
<br /> �• EnGrow Itamn�r olhanvtao tn accordunoo wlth appllutblo ta�+r. 1:,"�
<br /> :. Tho Funths ahaH bo hcld In an In�tlhtlian whnao duposils aro Inuurc�d by a tadcrul apcnoyr. InsWn*mt;fiU,/,Ar crt'JCj(1rtclutYlt9 -
<br /> • • s' Lendar, It lond�r ls e��ch an InaUNUon)ar In nny Fodaral tloma LoRn Bnnk. Lcndef ehnil npply tho Furn;!a fo�:3� 13�A EBCtl►tY � T^
<br /> : , : ° �• tha Fund�,nnnual ana n tRv cscm�r nccaunt or vcdtyMS _..
<br /> itcma, Lcnda may not ahar�o Donowa tor hatdinp and apptylnfl ►Y M� �f
<br /> tho Eacrow Items, unla�o I.t�nder paya �orto�vc�• tntarost on thfl Funda and appUcAb:a taw pemift3 Lend�r ta m;Vva aucl� p
<br /> charpo, Hawmet, LenA�r may royulro 8onower ta pay n onattmo char�o tor � Ind�endent raal aatato tax �.�ccrrt.'rx�, senrico e�`��_
<br /> ' ueod by l.end� In cannoatlon wAh thls lonn, unloas appttaablo luw provldea othcrnloa Ua!ass nn a�r+�tmmt t� Ir.7dP OT �„___
<br /> <� � appticnblt�teri�Q7airo�Intcrasl to bo patd, lond�ahaY nat 6o roqulr�d to pay 8otrovrcr any Intercr:l m�nm!n�aY,�� Fun�ta.. �j;�
<br /> ��;� ' � � Ba�rowcY And I.mdar rttay eQroe In w�lUnq,ha�vovor, that Intcr�al oFr,,t1 ka pald on tho Fund�. lmr�r,r �hzll {�t��a Ay 8onpvrcv, �'.,._
<br /> •;. ��;�i�' wYhoui ahs�{o, un annuul occountNti o1 the F�mda, uhan:n9 a►er�'�l�t a�n�1�lebttu to!hv Fund� and th��:l�cso tas whtCi�o�cA
<br /> . debN to the Funds wno nuda. Tho Funds aro pledQod eo d�'�i:�w'e:F R�riH 10►al��W"� pccurod by tAr Sc�curi�/Gr.strvmsal. L_
<br /> `'•; .• � ` fl tho Funds hetd by Lender axceed th�amounts perr�°�Atd to to held hy appJcubl� IArt. lend�r ahall accou��.o�.i�Q+rnviu _
<br /> �' • ' tor tho oxcosa Funds in ncanrdanco �vl►h the roqutrementt o1 opplla�blo�aw.If tho emovnt of th9 Fund� hetd by lafrni�r nt.any _
<br /> ` tlmo Is no1�ufRcterd to pay tho Eacrow Itema whon ciuo, lender moy e,n naUy Borrawer In�+cdUn�. antl. tn auch tu�o B�arpw�^r -
<br /> �,__,�_ � • shAu pay to Lender tho eunount neecsseary to mat<o up tho doticlenr/. Danow�r ohn11 malco up thw doftu9ancy���n�mTst+th�n -.
<br /> - ��„° ., - - iweNe monthy payr�unta,at Lc-ndcq'a aoto dN�exc+tlon.
<br /> � �- ':;�'. ';. �' Upon peymaal fn IuN of aN oum3 et�oured by this 8ocu01y lnotrument, (,ondcr ahall pramptry rolurttl ta Qc�cnwtcv'm*1 flu't�s
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<br /> #��4A�x?�:==�• hetd by Ldnde�. IL unda luvagrupb 21� �ender aha0 acqulro or acll tho Property,Ler�d4r.P�PCr ta iR9 at+qv'�INrtn pc cueln oi thp
<br /> ��� � Roperty, ohr.N appy aaY Functo h�id by I.N1dOf fl)1h0 Ut110 O}BCqIl:i�►IA11 oT DII10 Sfl Q CTC�d11 Q�}711191 ih�+GYSttt# C�UCJXl b�'•4�n
<br /> ,.,. .,��•;;"'�~ gccaufly I�aUume�ll.
<br /> . '°"�:�.:_i:.�;�t r: t � [sa �onte. Unlese ep}►Ucable bw Prm�dm othe�wh3o, atl PsY�nm�:� rcr.nNed by.len�rat �n7ri'it
<br /> --- _ 3. �,� 't e'� 1' - -
<br /> !��.•-�4�> 1� paragraphs 1 c�nd 2 ahaN b�c�plied: Orat,to any p�opc►yment ehar�ey r1�in under tho NAto; oecoR�.�rr n'nwrti��PaYnki�a�#�
<br /> w ._,�„� � ptvagnph 2;third,to Intaroat due;tourth, to prEnc�nl duo;and IaoL tv ary lato ahar�a�dua un�'qr t'�m����•
<br /> .,�'�� w,4. Cttargas; IJOr�s. Borto w�er a�haA Fu+ll �inawme�t�and tear�ohold DallmanV► ol 4 md���1 on;/�!3'Yr+arrer ohell
<br /> __ r,.,�,.;�'�t sr�;»'k...-'�s�'M44;�_it��'1�Y
<br /> � p�►y iheso ofmiig�tiaaa i� the s��n�s pttwtttc� la paraqrtsph 2, o►I! n��►p�k!!n th.t mnrmat. pmiv��iiu eR4➢ pay,lt�Cm on nme
<br /> ;,:,y,� '�' dlrecty ta th�(ncmon owed paymont. Rnrtowr.r ahall prompty fuminA im lender a11 na1Mo� o!crnrsiujf.g ta b�pald under thln
<br /> � "s'� paro�h, [S Borrowar mukes thoso paymanta di�octry� 8orrowcr ahutl prompty Nmiab tq� umiftw roaQlpta o�+ldentfip tho .
<br /> . . peyment�.
<br /> - •,, 'f` � 8anaw�ohaY prornpUy d'.schargo any Ilan whlch has pdority over thfa 8oeudry InoWment urAaos �oaower: (N aUreea In
<br /> -' oar.. ' wdUnp to tho paymenl ot tho obNgetlon secured by the Gen In a msnnM acao�►tabla IA tnnder, tA)cootcrsto(n pood talth tho
<br /> ` ! Uen by, or defenda a�lnct entarcement o1 tho llon in, tegal pmcaedtngs wh(ah dn,Irtm(.i,tia�'s opinion oporato ta praYant tho
<br /> entorc�rnent a1 thA Ilon,ar (o) aeaurn�ham tha holder o1 tho Bon an agreement aattafactory to lerdor auhord4►aUnp tho Iien to
<br /> tht�Seau�iry Inatrument.It l,ender detcYmY�o� that any parl 01 tho Prc�pmt�1!�subjeot to q Uen which ox�y attatn pda�iry ovc�thla
<br /> 8ecudty Instrument, 4cnder may flMe Sonawer a natico Ida�Uytnti thq Itcm. 8orrowur aha11 oedlary tho lien or take ono or moro at
<br /> lh0 11C110R'S 601 IQRA flDAYA Wllhlll 10 t1iy9 OI 1I10 QIVIIIQ OI f10UC0.
<br /> 6. �1�td pr PYOpe�ty lnauratttto.8ortciva ah�ll koep the improvementa now oxlstin9 or heroa4er etm�ed on tha
<br /> -. Property inaurud apafnst taas by iko, hazmd� IncluQrid withfn the tenn 'oxlonded coverase' end eny othet haxtaFrAs, fndudng
<br /> .,, , � Iloods ot Ilaoding,tor whlch Lendor �oqukes(nour�nce. This inau�►nce ohaH be mahdeined In the smounta end i�sr the pdioda
<br /> -;�;,�•� md�re ukoe. Tha inaurance canta p�oviding tho Inauranco ahall be chosen by 8onaw�r c�.�Alacl to Londer'o eppraval
<br /> � thpt L Q drr'e --
<br /> '��� b wlthhdd. It 8ortowot taUa to malntain cavaaflo de�scribed ab�>v, Land�r may, n1 Lcn
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<br /> whtah ah�ll not be unreas na !y
<br /> ,'� optlon,abtatn coverage to pto2�sct Lender'a dghto ln iho Propetty In accordanco wlth pare}yeph 7.
<br /> � �' AD Inauranco poilcle:� and �onewats ahall ba accapinblo to lendar and ahull Includo o ntondnrd mortpaflo ck►usv. lender
<br /> :f�. '� shaN hAVe the dght to hold tha pollolos and ronewula. N Lendor raquues. Borrowt�sG;�11 promply plva to tender aN�ocalpt3 01
<br /> p31d promtums and�onewal noticea. in tho want o1 tono,8orrowa ohall gNo prompt eaiico to tho U�uranco carttar end lendcr, �
<br /> �',�ti�� LendQr may ma�ke ptoal of tosa it noi tn�do pramplty by Borrower.
<br /> � Unlesa 4onder and BoROwer athawtoo agre0 In wdtlng, insuranao procned� shafl bo appllod Lo�ostoraUon or rapalr ot Ihu
<br /> Proparty dameped,U tha restoratlan ar repalr is economicaly teaafbto and l.endet'a oaudry ta not►r_ssened. 11 tha rostoraUon ar
<br /> repak �s no1 eco�omlcaBy teoeiblo ar lender'n nocurti�w�uid 60 lasuoned,the insurance proceods ohall bo anpSr•rJ,to tho aum�
<br /> - oocured Ey thl� 6eourUy Matrument, wheiher w r.ot 1lcw�n duo. with any oxcesa pald to 9orrowo�. 11 Qorrov�Q wY���dons tho --
<br /> ,',�.,� _ pragp1j, �rr r�aes not anawer wllhln 90 �n no;:roo Rom 4vnder thet tho Inauranco cartler ha� c'.!�4d to ss".:�m c1�lm, ihen
<br /> •.,:,� .� M1 Lencle� cr��y�oalect the insuranco proc��s. Lender may uae the procoeds to rapatr ot rostoro t�u Nroperly or ro pay aums
<br /> • - socur�d by Ah1s 9cscudiy Matrument. whc�,o�or nol thon due. Tho 30-day pedod�rlil bogin whan the cavUce Is qNnn.
<br /> -- ` �� t� �� g�a�y� fl�1ys �grc�e In w+itU,g, eny appiiaallun o1 proaeed9 to Dt'cz�fpal shnll not oxlend or �
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<br /> ��°��+� .,�,.r{� postpono tho duo dato af t°+e monthy payments retenod to In paragraph3 1 and 2 or changa tha nmount a!lh»p�yn�ents.A �e-
<br /> unda�paraqrapb 21 thv�A�Y Is acquircd by Lendor, 8ortowcr'a dflht 10 nny inaumnco poUciaa and procQedo ra3utting Irom -�_
<br /> �l���� �' damago to tho Pmperty pdor to tho ucqulafUon shnll pnao to Lendor to tho oxtont a11ho �um9 by thfo Secudty Inotn�mant [,4
<br /> '����' Immediatcry pdor to tho acqut�ltfon.
<br /> ,. .: . r`��
<br /> ��� ��'� 6. Oaoupanay. Praaonrat�on� tYlatntonaace and Protootlon ot tho Pra�snat�t; Borrowor's I.oun "=-
<br /> .••+`'�'' Appllaatlon; La�sholde.Bortower ahull oecupy, osto6lish, ond uoo lho Property uo Bamo.vcv'a principr�l toaldeneo within
<br /> alxty d3yu oRcr tho excculton ot lhis Sccudry Insuumt�nt and ohail contlnuo to occupy tho Property a� Borrawcr'o prindpal , -
<br /> • to3ldenco Im at IeAOt onv yoar alter tho dato ot ouwpancy, untoaa 4ander othc�wi�o n�reoa In rrriUnp,v�hlah conacnt ohnil not
<br /> bo unrcnoonabty withheld, or untass wdenunUnfl drr.�u►�tnnco�exlat whloh aro 6oyond BOROV/C►'o control. Bonower shuU not
<br /> �� •a destroy, damnpo or Impalr th�Propeny, nnow Ihe Property to detcriornto, ar commlt wa�to an Iho Pmperty. 8orrawcr ohatl bo In
<br /> . i , . dolnult N�ny(otfeiture actlon or proceedinp, whother civU or criminol,1�bepun thnt In 4ender'o pood talih judgment coutd rosutt
<br /> `�.� � .,.-�= In(orteiture af the Praper9y or otherwl�o mutednlry Impair tho Ilen created by thls Secunty Inct�umaM or Lunder'a cecurlty Intereat. _..
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