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<br /> BORROWEtt COVBNANTS th�t Barrower is I�wttu►y sei�ed oi ine csiaa uc.��j.w,���r •-. .-
<br /> grnnt u�d wavey the Pruperty tnd that the Praperty 1s unaicumbered� except for encumbruic�a of record. Borrawor
<br /> w�nu �ad wip defead QenenJly the ti�le ro the Prbperty �gainst all claims wd drnu�nda.subJect ta u►y cncumbrancea
<br /> of recurd.
<br /> THIS SECURITY INS"1'RUMHNT combina uniform covenamu for aationtl use�nd aon-�nlfotm cove�twata wit1�
<br /> limited varlation� by jurl:dictlon ro canstitme a uniform securiry insuument covering real propercy. �
<br /> UIViFORM COVSNANTS. Bosmwer�nd 1,oAder covenant and �gree �s follows:
<br /> 1. P�lnrxac of Pri�,f�ere�t nd 1xe mu�e• Borrower ehall pay when due tbo pilaciPal of,and Interest
<br /> on,ttte debt evldencod by thc Note aad lato ch�rgea due under �he��WCr ah�ll include im extr r�onchlY payment.
<br /> 2. Moatltly PsYm�t of 7k�a���oraiac. �od a1�a�u�s. +�;..
<br /> together with the principd and interest aR set forth in the Note Aud aery Cate charges,a sum f.ac 6a�?��xes and epacial
<br /> �ssesc�nte leviod or to be leviod�galacc the Property, (b) leuehold �uay�raenta or gaaumr�reaazs o�ra F�Pr°I►erty,and
<br /> (o) Pca�aiums for iaeurancc raluliod under patwBraPh 4. �n any Year in which tZse L,eeufea must pay a mortgage
<br /> iasur�t►ce pnmlum to the SecKtary' at l�c�u.�:ng aud Urbat► IkvePoQacw:�t� ("Sxretary").or irn�nX Yrar in whtch such
<br /> pmntum would tu�ve baa nquired �t L.av,�z� still held t� Security� t,�;�uneat. each moulhlY Pa�xneat shall �leo
<br /> include eitlKr: (i) a sum for the �anwl mortgage insur�u�.ce �remium to be p�id by L,ender to the 5e�retary.or(ti) s
<br /> m�o�cehig c�uge iasted of a murteage tnsurance Fn�ainrza nr►his Sec�ry �°t is beld by tDe SxretuY, in s
<br /> n�soaable amouaG to be ddaminod by tt�e Socrrt�ry. �tc�,};�� fox the monthly chnrge by ttat SosretatY+ these itetas
<br /> are c�lled "Esemw Itena�'smd ttie num P�id to Lender ur c.alled 'Escrow Funds." • '
<br /> I.endet uory,at v►Y ttwme,�oUxt � ho?d�mounts f�r Fscrow Itema Ia�n aggngue u=nuat not to exceed the ,
<br /> m�inwa urwunt that msy be s+cquirid fa�orrower's �scrow Accouat uader the Re�l Estuo Settlanent Procedures
<br /> Aet of 151y4�12 l�.S.C.5126d1 ex�_� I�2ctu�.utlag regttt�t3ons�2�!CFIt P-.n 3.5�.�s th�y rtt�y be una►ded fcom _
<br /> �'�Sburaes�nts�bReforo the Botniwa s ptytaaus u�e tv�iil�ble i�n t�he�ccouat mxy a t�be baaed oa am�unta d�o�r the
<br /> mong�ge ia�u:u�ce Pranium.
<br /> If the�tnouats held by Leodcr forEs,crow Itans excad the amounts permittai to be hcld .�1F3�E:�+PA� L�eadtr ah�ll
<br /> aeeaunt w Bacco�ec for the excxss fw�ds a�requic�ed by RESPA. If the amounts �1��unds�b�l�l�i;�'� er to m�ke
<br /> u�� sufRefeat to pay the F.sccow Itant wLea due�ixnder m�y nodfy the Horr�m-eJ a�+d c+�qutr�
<br /> up t�t siuori�e t�a Nc.�it".�3 �f�ESPR. �Q�zrn�t. !i f3onowa .
<br /> 'ILe Fact�w i:'�x.�da �re pledged su Wdidoiul securlty for�ll sums s�scured by thie Secuaty
<br /> tendas W L�raGhar i�we fiill p�ytneat ot�ll wc�h sum��Bo:mwer's accou�mk s�U be credited with t?ne b�lmoe rantining
<br /> fvr all iasWlax�tt'iteaee(a)�(b).�od (�) aod any mortgagc insurana Premlutn installmeat that La►der h�t not b000me
<br /> oDltg�ted to paY to ttse Ss..-r�as��ilsd LCader Shrll prOilt�tly nfiind�ny exc�fttuul3 R�4 BOtt+owCt. LmaediitelY Prlor
<br /> to a forxloaun aak.4f the Ar��cty or its�cquieition by Leador. Homower'e accouat sfi�d!b� craliud with aay b�lnna ' ;
<br /> ceauuntnE for�C� u�:�tallmta�s fot iva� (�!, l�)� aad (c).
<br /> 3. AppiiaRia!A ot Pa�. �P�Y�cats under ptragrq�he 1 and 2 sh�ll be applied by$.:ra�er as followe:
<br /> ��. to th�mort�ge im.�ur�nix Prsmium to be p�id by I.ender to tLe SecntuY ar to tLe r�onthly chu8�bY tbe
<br /> Soc�ary instad of tbr nsoathly mottgagc inauruico Premitm4
<br /> �g, t��„v cuea�q�ecW �smrnta. le,�sehold ptymeats or ground reata��nd Gr�e,flood aad other h�uc�d ,
<br /> � :
<br /> insur�noe pme�t.muent, a�coclulrod+ ,
<br /> �. co�3�2eixsc dw un�dx the Na�;
<br /> j�p�Jg'j�, to�mortiz+tit�tr of tLe prixipal of the Note;and
<br /> ,�� '�.�I, to late chuga;�v_e t�fer Ebe Nott.
<br /> , {l. F6e.Pjood atl 014r•r �md tu�taeoe- Borrower sh�U laaure dl imPr�ti�.�cnrats an tbe�fa whidi
<br /> now in exiateaoe or aubeeque�IIly ereaed,��alast �nY b�zatda� c�ualda. *ad wntingeacia� ix1�din8
<br /> Lmder raNins insur�x. T7� i�ur+nc�e tha11 be m�intainod ta the amounts aad for tbe periods thu Lead�r
<br /> ree,{�ires. Botcowa sh�ll tlao iature all improvements on the PcopeKy, whether now in exiateaoe ur suMe4uradY . ,
<br /> �xc�c'ted, igain�t loea by floods vo the extent roquirai by the Secret�rY. All iasurance �Wl be c.�tried with ooaa��ia
<br /> appx�val by Leader. '�e lna�nzmoe Polkiea md my renewtla siWl be held by Le,ndec �ad �ttl include bs.��JS,�r�bk •
<br /> CIWlCS III fiY4R m��and in�fo:m aaeptable to. I,ender. mnke roof af luss if not '.
<br /> . Iu We e�^esau vf loe��Bomowa sE�ll givx I�eader i�n°i'��thor�Lted md dirccted w m�lce paysi�eet
<br /> cn�e.Qmmptly bY Hormwer. �#ch loiur�ace comp�nY y of the inn��wrou�x
<br /> t'w�r such lc►:e dinectly w Laa�x�t�,. �mtead of w �omnwer md to I.eader jointt . A!1 or an,yY � tho���t� aad
<br /> ppooeeds may be�pplied Dy�U.��n�iear.at ia optlon. dtha(a)w tbe reduction of t�e andebce�daess
<br /> this S�ocurity Tast�umeat� first to�ny�cDi.a�aeat anwunro applied in the order in pu�g�aapu 3�imrd��►w PnWY�
<br /> of prineip�l.or N) to the c-sto�adon an ar�air of the damwSed �Y• �Y�PP���O'a °�'��� pt'°ceeda to the
<br /> � P��P� �not extmd a pacpoae the due date of tLe monthly p�vmeau which�re ref�ton iu�2� .
<br /> c�ssmge the�roou�t oi arck��roenw. Any excess inso�tyaa Proaeds over�n�ount ���do�dytba+eto-
<br /> cndebte�s u�der tbe No�e: �od thla Securlry In�aeamae+�lc shall be p�id to tbe c�tity kB+�IY
<br /> In,tAe eveat of forocloaut+e of tbis Sxo�ui►y Lo�srneo►tr or at6ec uansfa of atk to the PsopufY � ��K°�
<br /> the indebdodaess. a11 right� tide �nd inte�at �E�crowa i� and r� insaran�e policks ia ffr�e ah�ll pau to tbe
<br /> ���- - - --- �ts.r�.� arD holectio� af tl�e PraP'�7: �� � �'�,°r'
<br /> �,�oidr. Bortowa�6m�[f�'�Y,e�6Gi�6,ae�d rtx dte ProQacy' as Soa�o�"�c yriaoiQ� testaeoce wi�su%j�
<br /> aftar t8�eutut�non of this Securit�'Ea�tawr�rat (or w[thSa sixty da�y�a��L'ater stde ar aar�c a4 tL�e P[npatYy and�t1'i
<br /> continue as ar.�e�py tLe Pmp�ry s�B,osn��over's priacipil raideaoe fiir u le�st one year a3Rec tiu d�te of oocupaocp'„
<br /> uulas Lender d�termina ttat mpsitemeat wiU ca�ae uadue hanlaWp for Borm�a�r. or ualeas exteauuiu,�
<br /> cic�umaanoa e�i�t �vhich an beyQnd Borrower's oanaol. Borrower sh�ll �+ 1.�ader of �ay e�tenuaciaR
<br /> „'�— �+�s
<br /> ��� ���� Pt�e 2 of 6
<br /> a��..�s,.�.�.k.c�oa«*i�u kt/ !
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