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<br /> TNIS 3ECURITY IN.�'.TRUMF(dT co�nbtnee unlfotm coveronnfa icx na��na�use and non•unlbrm covenants wfth
<br /> � " ��;�� IlmRed va�lettona by jt�riscl�tkan to conatkute a unNarm security Inatrument covertnp re�t properry.
<br /> UNIFORM COVENAM3. Eiarrcrirer and LAnder cove�nt end agree es toflo�ws:
<br /> , . .� .� 1.P+�ym�nt M PNnclpd�nd IM«'�st�Pnl� �nd Ld�Ch�rp�f. Bo►rower sha11 Pr�PhY P�Y when due
<br /> �i the princlpsl of�nd Interest an the debt e�ldenc by the Not�er+ci any prepayment and late charges due under the =
<br /> Notu. -
<br />''; '.: ,. ��� 2.Fwids for Tluca�nd IMUt�nc�. SubJsct to�pi[r,�We taw or to a written waiver b� yLender,Banower shal!f�ary
<br /> � to l.erxier on ths cl�y mpr�Ny paymer�ts are dua und�er th+s Ndte,untN the Note Is paid In full,a sum('Funds")tar:(�)
<br /> �t�,,;'>�", �� }�rly taxee e►�xf esse�ssments whlch rr�y edt9�k'i prk�riRy c�ver thl�Securky�1 nstrumer�t as a Ilen on the Property;(b)Ye��Y
<br /> -.=.,�,i � � ' ieaSehdd P�Ym'8nt5 or�roUnd�entS On th+B F'rp�rty,d any,(c)yeeuly haza►rd or property Insuran�e premlums;(d)
<br /> yea�ty Aood(nst�ance pre►ni�rn+s.if Any;(e)yearly mort�aqe insuran�e premiums,�any;anci( any sums payable by
<br />��',w�:,. , BorraNer to Lender,in accorcla�rx:e v�ith the provtskms of pa►agraph 8,h lyeu af ttre pa t�mcxtgage Insurance
<br /> ' u
<br />_- � " • 1 premlums.Th�se kema era call�ed"Escraw Rems."Lender may,at any tYna,cdlect�Funds fn an amaunt not tp
<br /> exceed the maucimum amount a lender tpr a tedereAy�elated matgage loan may reQuire for 6orrower's escrpw accocar►t
<br /> ' • under the tedaretl Raat Estate SetderneN Prpcedures Act of 1974 as amended frarn time ta time,l2 U.S.C. �2601 et
<br /> � � ' `" seq ('RBSPA"),unbess anothe►law tt�at appl[ea to the Funds sets a lesse►amount If so,Lorxisr rn,�y,at any time,cdlect
<br />-.,}"�.��', ., � and hold Furxi�le an amouM not ta exceed the lesser amotK►t.l.ender may estimate tt�s amount of Fvnds due on the
<br />'.;,_,;�-:+�*Y. baaks d current dAta and teasonable estimates d exper�itu�es of futuie�scrow ttems or otherwlse in aCCOrciaru�.s with
<br />-„;�.�,':��{f,;:':� aAplk�Ne I�w.
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<br />_,�,.�,,..�,,,.�,; 71�a�unds shall t�e hetd In An InstRution wlwse dvpasita are tnsured by a fed�r�l agenoy,(nst�u�+�entatiRy,a'er�tity
<br />-:�-�,r`i3�`,y�� ndud Ler�der�IF Lender Is such an M�stkutlon)or In any Federal Home Loan B�nk.Lender ahAU aPWY tho Funds to
<br />� �,.;���;:,; p�y the�scrow liems.Lender rtu�y not charge Borrower for holding and applying the Funds,annuaNy analyzing the
<br /> �,u��a�l�,.,'� escrow account,or verifylr�g t��e Escrow Items,unlesa Lender pays Bartower intorest on tha Funds and eppl�able law
<br />�"'�Y�"� �ermRe l.er�der to m�ke s��ch a ct►a�e.Hc�wever.Lender may require Borrower to pay a orte-time char�e for an
<br />,���;`����u fndMendent real estate ta�c�eportinp servica used by Lender in connectbn with t�hls loan,unles�appilaable law
<br /> pra�vfdea othen�risa.Unlass an agreement le msde or appiicabie law requires into7est to be paid,Lender shall not be
<br />:_�,�� requlred to pny Hottower any IMerest or eemtnDs on the Funda eorrower and Lander may agree In wriNng,however,
<br />,;,3L���� thet interes!et►aH be pafd on the Funds.Lender ahell Ive to Boacw�r,wit�wut�harge,an annual eccouMtr�y of the
<br />--=_- Funds,aF�ow+ing credks and deWts to the Funds and t�purpc�se tor�r►Nch each debft to the Funds was made.The
<br /> R� Funda are pled�ed aa acfdkRonel security for all suma secured by thls 9ecudty Instrument.
<br /> �`_.`;— If the Funda hetd by Len�ter exceed the amaxKS permkted tn be held by epplicade law,Lender eh�ll ar.cnunt to
<br /> --.�.�i'"�- g�������.y��!�a�x,�ri�n�±w�h thn��r���IremeMs depolcable taw.If the amouM of the F�mda hetd
<br /> ��� by Lsnder at atry tkne la nnt sufHcbnt to psy tt�e Escrow Itema when due� i.ender may so notiy 9arow�er in writing�
<br /> -"'���"'�'_`` and,in eix;h crrse Borterwer st►e�il pey tn 4ende+r the amax�t nec�sary to rneke up the deficlency.Barra�rer ahdl make
<br /> '��;:�+ up the deNclenay Ir�rw mae than twetve montHl►PsYments,at Lend��'a sola dtscreNon.
<br /> ;;�,.--- Upon PaYment In tuM d afl stxns secw�ed by this Securky Ir�stn�ment, �ender.aMN p�omptly retund to Borrawer any
<br /> -;f::�;r Funds h�ld by Lrendee.lt,under paraaa�21,L.e�xler st�ar,yuire 4r aei:tt�e Pioperty,Lendat,prtar to tha at�t�!!�on
<br /> ���_�ti:, or sale ot the PropeRy,sFiell appty any unda held by Lender at the ttme d acquisltlon or aale e�a aredlt agatnst the
<br /> _- — sums aecwed bythis Security Instnxr�er�t.
<br /> --=_= 3.Appik�tion of Pa�nn�nts. Unless applk�ble luw prauides othe�wise,aN payrnents reoeMed by Le�der under
<br /> ----- uP�'aPr�a�2•tt�nd�to�erest du�'e�, tfa th to p�►ir�dua:�1est,to any late�charqes due nnder t�1►e�Nate.�e
<br /> ��`_�° 4.Ch�p�s;Ll�ns. BcMrowar shnMpay aM taxea ssse�neMe.ctu�r�es,ftnos and fmposltbns attributade to the
<br /> pr�ope�ty wltTch mey attain pr{o►ity o�thb Sectwity Inatnxne�x,ar�d leasetio�d PaNnenta or�tou�d rents,N eny.
<br /> _ Bortowar ahaN pny these Abi1�tbns in the mnnne►provfded fn p�ragtapl'�2,or if not petd In that manner,Bbtrower st�eN
<br /> - pnY them on time dkedlyto the person 4wed pnyn►erR.Borrower sha�N prompthr iumish to Lender eN notloes d
<br /> --�� amouats to be peld under thb pe�aq�aph.If Borrower mekea tt�ese peymseita dhrectlyy,Borrower at�eH prompdy fumlah to
<br /> Lsrxist reQeipRS e�fdencing the PaYm�e�ts.
<br /> Bo�rower eheM prompCy diachetpe an lien which haa c�verthis 3ecuNly inatnxnent unleas 8o�raYVer:(a)
<br /> -- _ aaees In wrlting to the pe of the obl�eNon sacured the Ilen in n manner accoptab{e to Lender,,(b cont�ts In
<br /> �ood feNh tho ilen by,or�a apelt�st enforce�nent d tho pen tn,t�I proc6adNqs whtch In tPie L.srld�s opinlon
<br /> ope�e to p�ev�t the enlo�eme��t of the Ilen;or(c�aeaxes irom ths�olcler d the Tien an agreemerx sat�factory to
<br /> Lender aubordkaUrq the Ilen to thb Secu�ty Insnument.If Lenoler determN�ea tFaat any pnK a the Prc�ls aubJect tn
<br /> a{len wt�tch mayettaln priority avarthla 3ecurity Instrumedt,l.Ander mey yive Battcrwer a notic�kien the Ilen.
<br /> 8orrower ehell stt�r the Iien or take one or more ot the ec�lona aet fartf�above wltht�1 O day�of the�Iving d ratice.
<br /> 6.Ha=ard or Prop�tr I�st�rw�. Barrower ahall keep the knproven�ents naw existiny or hereatter erected o�the
<br /> . _, Pnoperty k�sutgd aqatnst loss by flre�haza�ds inCluded withln the term'extended cavera�e'and arry other hez�rds,
<br /> k�cludkq flooda or floodit�,for which Lettder requtrea instxenoe.Thlsk�xarxx�ahall be malntak�ed M the amoixits and
<br /> 'Y'� for thepe�Iods that Lende�•requires. The Inaurance cartie�pratiidk�p the Inaursnce shell be chasen by BwraNrt�sut�ject
<br /> -3�:�1� to l.snder's approval which shall not he unreasoriady withheld. li Borrowsr faNa to maiMetn c�vera�e desc�ibed eboNa,
<br /> �-`��,,;,�� Lerider may.at Lerncler's optbn,obtaln coverEige to protect Lender's�ights In tho Property In eccondance wlth
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