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<br /> : . ` • 'l�Bi�R w1TH atl the impmvc�aeats non►ar he�er eae�d on the pnopeny.a��al� °����.�nii .
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<br /> . � :` - � fucdnas aow or hemaf't�r n p�t of tae pmpeaty.All nplr�em�nts and eddtdons s6�li atso be wv�ed by tbis Sec�uity?� m�+ - '
<br /> � ° .. �. � A l l o f t he faseg�3 n g is r e f e r r�t o i n t�s S e a u i t y I�o s t t o m�t►t a 9 t h e°P t o g r l t y.� �• i
<br /> BORROP�I�t C6VHNANTS thfu Bos+�ei is Ia�vfnIIy sc�d of tha esonre he�eby oaaveyed antl hag tbE ri g h t to�rant and ,
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<br /> ,. _ ....::� rnnvey tae P�a�t4y uud that the Piop�ty is a�neacam6�ccd.exoept far�af ieoaJd IIt�rm�wa�antv snd wiII �,_.. i.� �t
<br /> ` ` s`�_ .�-�."� defezt0 geaaalIy tAe tiitE ta Bie Ptap�aty�inst aII clrums and d�ands.subj�tw suy easami�nts of ieoasd �'��� : �
<br /> TffiS SHC[JdtTIY II�SS14tiJtl�iT combinav tmifatm cavenanm fos aational use aud u�amf�onvea�rs wbh ti�ed � ���
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<br /> ; ' °s variadaas bY jmisdiai�to aousa�a tmifeadat a�vtily Ins�ament Cove�iag ieal g:apetty►. ` .t`
<br /> � ��+ UI�ORM COV�NANTS.Haaawea aad Lmder cavamnt aud�ee as foIIuw� �'!t.
<br /> £'� ::�,:;'.'�; L Ysymcat oY Priactgal an�Intt�P�Dapme�t and Lute Chargeq. Bamrower shaII �11y pay c�fieu due ttie % .
<br /> � . . '`.,��,� princ�at of aad inDeiast on tIled'rA�tevidanoad by the Nata aad�y pcepaym�tan�Iate�dnatmdeztI�e Nm�
<br /> �� : Z.�F.t1���!�8Ee9 8IId TLlS@�tOC. SIIII�ECL m B�F�L'84tIB I�W OT[O 8 WIIL�W8IV�l by I+t�Pl.B�SlOWFd S68II�}I t0
<br /> , �-;.. Lcader an the day manthIy payonea�s are dns uuder the Natc.mu�thc Na�ig gai�in fu�.a smn(`�lmds'fm:(a)Y�Y�
<br /> � � ��`;�:' aud a�aeots wLich may attain p�Ior�ty ovea tl�s S�ty Insu�ne�t as a liea an We PYapaqy:(b)Ye�ar1Y��PaYm� "
<br /> , ��.` ,� �.'..;� argm�mdm�ontheT�imF�Y.��Y:t�)Y�Y��'I�P�Y���(�Y�Y��W�� `��
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<br />, ��:._':" ;L :`,,..,'�: as►N:�E?Y�h►�e��F��•��Y:�(�ffi►Y�F���+Y Boaower w Lwdrd.m acoaadanae wim tBe
<br /> : " luavi��s af g�b 8,in lien of ds$paymeut of mart�age �pmmi�s.l�e isem�ae�alted'B�mw I�°
<br />�,��. ' :_ l.eader may,at anyr time.ooIlect and hc�Y�i Fimtia in sa amouat aot to e�rc�ed the m�m�am�a Z�fes a f�alty�etaLa� ,
<br /> - ,`�'... `.�' m°rtgage Ioan msy�eq°ire for Bmmwea's+�na�xuuni und�dr the fedeaal Real F�Sett�t�t Pinoedme�Act of I974 as : .
<br /> ��.r•�,,:'�. � am�ded fmm oime t�time.l2 US.C.Sec6nn 260I et aeq. ('�iESPA°?.anless amodt�r Taw thai�ppl�to the Flmds sets a tes� .
<br />. . . �'��J amo�mt If so.Lend�r maq,ai�y�ooIIea mnd hold Fuads im m�amouat uut oQ eaceed d�e Le�er�nvnL Icad�may • ".
<br /> est�the�armtof F�diae oa�.the basis of c�i data and reasonabl8�s of eapendim�ca of fum�eEsaov�I�s oc� .
<br /> �. . ati�svise ia aaoctrd�ce with appltsab2�1a�v ..
<br /> �. 1Yee FSmds st�all be 6etd ia an�OSti�aa•�ho�depasits s�a ms�bp a 5ede�ai ageucy,�ly.ar e�ity f�g :
<br /> . Ie�if Leadea ts sarb aa inst�mton)ar ia�eny F�e�al Hame Laan Bamu.Lea�der sDaD app2y Ns Fimds oo pay t�e 8�c+aw �
<br /> . . ' It�.Le�der may not c�ge B�uowea far hWtUng and npplyln$d�e Fund�anmmIIY�Y�B the e�w�caun�ar v�ify�ag :.. -
<br /> _` �' the Fstaratv I�ms,imIes�Leudet�ys Hvmnv�a�iweeest mi.tha Femda�agplisabSe hw�seamiss Iradea oo ma�e sudl�cl�rge. •.i_;. .
<br /> : . �' '�' HOwevet.L�nder aiey:eqa�e B�oar�r W�g�y.a_�e�dma ci�g6 f�'mz�rS�eud�i r�el estate tex re�ort�htg seav�e us�Iry -�i'." ��_�-
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<br /> - I.ender in canuecdoa with dus Eaan.uNcss applicxtble la�w•emv�des a8�e+sv��Qnless aa agieemeai is made ar s�pti�able Iaw ��.:. . -
<br /> �<'�}av�:,~ ../� �;;t �es lnte�st oo be paid.I.e�s6sL nat 6e reqnrta�to�Aay�orm�v�r�y mtc��ea�nings aa die F'��d��+aNea and ' . •
<br /> ��; Lc��es may agcee ia arnhing,�rea,Wat�SC shnA�be pald.onNe Fanda L�dta sl�i t�ve a Baaowes,ari�onc e�ge,�
<br /> ,'^ �` `�.� aunaei saaoimdag of the Fiu�showriug aedib and dei�a m�tbc Fmndg and t�e�npose fnr wbich�de�ia m the fimds was . � :�
<br /> ': : a made.lhe Fands arepledged as ad�tonal se+�iry far aII su�ps sbi�aed bq ttt�s S�it�t iris�� � � _
<br /> . ,���', -i If the Fands�eld by I.ender excaQ the amoimts peamiued to be haW by sppli�ab2e taw.L�anr�u shaR aocnant m Ba�mwea for _
<br /> .�,' .. � - the exoess Pmtds in aecardattae wl�t dte mqt�anents of applicable la�v.If tRe amaunt of tha Faads beW by Le�dea at eay time is -
<br /> � '" :� not sn�icieat w pay the Es�aow Iteans when du�,Leader may so aotify Banuwer m writmg,aaa.in snsh c�Bomawer shaU p�y � -
<br />_ . . . ` to Lender the amount neo�y tn mage ap the de�Ciettcy.Boimwer shall malce ap tha de�cy fa na m�e than twelve
<br /> - � •, . �.� mon�ly Payme�ts.at Le�der's sole�u�. .
<br /> . �.:�:. �. Upon gayrmc,�t ia futl of all sams secu�i�thLv Secauiry Ins�e¢�.Lmder sLaD promptty�Suad m Borrower any Pbnds , ..
<br />- �� } Tield by Leadea.If,aades pa�raph 21.I�dra sbaU acqcdre or seII�e B'rogelty.Leadet,Ps14r a the aoqoisifloa ar s�1e af We ; �
<br />.. . � .. : .�; Bcop�ty,sLall apply any Faac�.�C1d by I.�dra at the ti�ui acq�on or ffiIe as a cr�dIt�gainst the sams se�ed by ttua ; : :.'
<br /> .. . . Seaua�j Itisaumeat '
<br />- • , , . 3�Applic�fom ot Feyiaeata Unt�appllc�ble taw p:dvldes at��e.all paymeats seoeivad isy L�nd��drd ya�ag�apLs � �-
<br />_ � i��2 sha114te ag�lled:fust.to aay prepaym�t chffig�dne anda�P+Tote:s�eoand.to amolmts p3yab2e�dcr yarag�apb 2: � --
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<br /> � ' '��' ��int�resE�fflmth.to gsmcIyal da�and 1as1.tfl�y lane cta��due andea theNoi� .
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<br /> '` '',., .° @:Ct�asg�:�,4�us. B�sbaII pay 8ll mxos.es�raems.c�rges.6nes and imposit��bla Oa itr�piroper[y �
<br /> . ,. , ., rei�dlb may att��dOrlty ov�:a'�s sacmrity Insuaruc,nt,�i�easetiold payments or��reais.if�y.Baaower�$all pay S��e � �
<br /> . • � ,. ,.��a� obT�g�ations in t$��aaner pmvided iA parag�pb 2.ai if r.�.pa1Q m that ma�a�Bo�mwer sh�11�ay�on dme dinctly ta the '
<br /> . • {:'_.? pedson oaveQ��ent B�rnwar shall pmmptly fiunish m I.ffidea all notices of ammmtg to ba�a3d�andea this�a:agrapb.If ' � �
<br />_ ' �. � :;' , Bosmwea mEkes thesepaym�dh+ectiy.Bomower shaUP��P�Y fum3sG to LendetteoeipL4�t6e paymeats. i..
<br /> � ` �Bmrow�shaII tie�whicb hF3 ..�.;.;. ,
<br /> � � , p��sy��d;�a�ge�ny t�iori�y►aver mts secaricp t�s�ume�i an�s smso��(a)a�es to �;:,:,... �
<br /> . �fug ou the payma►t of��it:�tion seaued by tha li��a mm�aar a�oeptabte t�s I;.eudrr.(b)aoncests i��goad fAith the liea �: . . : .
<br />= � ' . �by;;oY Qefend9�iast enfotremeat of 8�e Iteo in.tegal pmceedings s�t'.ich ia s]�ixud�'s opfaic,n opeaat�w�reveat the ,
<br /> . � enf�eemse�t a�f flhe li�:ar(c)saa�res fram the holder of Qee lieat aa a�safis�ory to Lardi��subor�nating tYte liEa ta
<br />__- � � this Secaricy Iass�Jmene If LRadea dete�tiaes Qiai any part of�a Prapar�is snbiect to a�tw�a�y auain psimiry avea this
<br />- . geauity,las�u�r��Lendea may give 8armwer a nodm ideantifying the li�n.Boaa�set sha11 sa�fy�he lic,n or take one er more
<br /> - . . e€Ure acsio�s set fortb above witbin 10 days of the glvmg af csadc�
<br />�:. ,, - Fotm80Y0 9I90
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