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<br /> . - UNiFORM COYENAM'S. Bomawe�and LendQr wvenaat aad agree as foUows: ���" ����� `.,; ' `. � =
<br /> l. Pagffirmi aY pir�udFat aadin2a'esi:PrepaJiaent e�d La3P C�geg. Boa�tu��et sttal2 P��P�Y Fag e�dn$ths ;,N•.��� .
<br /> . ; �t piinsi�gal of aat!interest oa t�e dsbt evisteaced by the Note and aaY PftF��i lau charges due�mdez�Note. ° .
<br /> '' � 2. Eba3��ar'i'�esaadlasmranse.Subjecttoappticab2etawortoaaYitta�c�rai�ceerby Ix�o,der.BoTroR'ers�aUpayto _ �
<br /> . . . ; L�on th:dal'��Y D�ts a�due unQes tAe Note.unt�the Not�i�y�aid in fu11.a sum('Fuu�`)for.(a)3�Y �.: ;�; `,:..:';;��
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<br /> . i taaes aa�ass�wtush may attairi plioliiy ovet Ihis SeCUiiry in �m et a��li�an th�F[Q�ei[y:lb)Y�Y t�.uld �:_; , :_ .
<br /> . j Qayaxuts ar gra�d cffits an dte Pta�r. i€aa�r:(t)YeariY�azard or propeity i��„a„�pzemi�ns; ld?Y�Y� �" ��•` ` .
<br /> ' '_',t � 4 . . 't""���t"��•_.'_
<br /> --- . - , f insuraace premiums,if auy;fe)YeazIp mortgage ins�rauae prea�ums, if any:a:ed t�}�sriaas�€ab�Djr Baico�cr t� ;':'--.. �-
<br /> • � • � ° . lender.ia aroondance�+ith ths pmvisioas of par�ap�r$.in tien of the paymen3 af r�nstgage�s�e p�iums- 79nese -
<br /> � . , '; items are caIted'Esciuw @ems.• L�der may.a�aay d�.coltea aud hald Fu�ia saa�uat nouQ eaoeed tLe� � . :,_,��_�. .�
<br /> . amaaat a leader fos a federally related mortg�gt toaa may tequite for Banawet's eserow aeoo►�t u�der tto�tede�al Rea2 .:.: ;`=`;��.�:�`:
<br /> . . . . - Bstate Seitlement Pcaoedrues Act of i9r14�am�dod from timt to� 12[�.S.C. $Z601 ea seq.l'RESPA'),un2ess ..,r::<;;:'..,-
<br /> '.s � aaather iaw tIsat •,-�,.-•.��..�-.--..
<br /> applies ta the Fnads s�a tessa arrn�ae. tf so,L�d.'�r maY.at a�y dme.aQII_ct a�d�ol�fvu:ds in an •�,;,_..= ,.'t,,`�
<br /> :: � amouai not w exoeed t1�e tess�amaum.Leader ma�e�mat�tLe�m1 of Furnds�oa t�b�is of�daffi arad .�,�� .;:, :_. .� .,
<br />: - ; teasonabIs estimates of eapeaditu�es a�fiusme Fscc�o�i:�ms or otbeta�is�in 9aooidaace aaL agp2icab::laa►- , `T';'-�-
<br /> _: : The Funds sba11 be heid in an iastitution wtsose deposiu�e i�ed by a fedeaal a�acy.u��E�e,�r� �,::�..;.;;<.,.::`.,,y„1�,�-
<br />, :'.� ("mdnd�g i.eadea.if i.ende�r is s�cD aa instins�ion)or jn aay F�d�al Non+E Loan Baa3�. L�steaI!a�p�ttce Fm#�m '.- �'" 4 .-r:
<br /> ; � pay tde Escrow Ite�. Ixader may ant c�arge 8oimwer for ho?.�3�g�a�,,P3ying tte Femds,�aaaZyzinBtTse estcow � �����' �";_
<br /> _,z aoconat,m veeif}ring the Fsaow Ite�aa3ess 1.ender pays Sonroa�4c intetest on t�e Fimds��p2icah2e laar permits �__:T�
<br /> ;::� Le�der w maTce suc�a cbarge. Howevev.l.ead.er u�ay tegnue Bormwer to pay a oae-time d�x�-e faa aa imdepe¢deat real :�;;_ _:-
<br /> :. .. � ' !`� estate eax reparting seiv�Ce�sed by Ixcder in�aaection witb tDis loan.anIess appllcable taw provi�s ott¢nsise. Un2ess an : . ..:. ,�:�
<br /> ' agrec�ent is madeor agpIicabte law�equites interest to be pa'sd,l.eatkr sball not be zequized w pay Barroa�r x�y i�erest or �`:��`, ,.;?,��`-._
<br /> . eamiags aa t�e Fuads. Soaoerer aad Learler may agtee in w-sit�ag,havrever,that inte�est shaA be Qaid c�s the I�.. =•R:=��°,_
<br /> , . .�`.'` Lea�er sbaII give to Barmwer,cvit�mi¢cbatge,aa annuaD a�g of tre Funds,showing azediss aad debits to tTte Fu�d3 ,�.-_:.=:='--
<br /> �` aad the p�(�far whid*i�eas�h.debit to tiie Fuads was a�ade. 'i�e F�aie g2edged as a�Ctitiana2 s¢a�tity fot aU sn� , , �' -_
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<br /> '��+� If the F�ds�etd 6Sg l.eader exoeed the atttounts perasitted tu be heid by apptisab2e law,Ixuder s�a l l a000uat to ; ��, �_
<br /> - ��- Borrow�.far t4�e e�ss F�ia aexoNance witft tLe�ui�of�plicabte�a�v. If the aa�unt of ttse��ds�eid by '� �%� �
<br /> . :";,i Leuder az aap mae is aoi sufffaeas co�ay the Fsscrow Items a+hen due.Lender may so norify Bormwer in wrir�ng.a�,ia ��s��,�.a:
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<br />. . .�; �;.=�.' s�case Borruwer shall pay to Lead�r the amouat necessary to make up the deficienry. B�rower sbal!r�aYe ap[he :�. =_
<br /> . . '�,.;�f s defc�ir�cy ia ao more than twetve montiilY PaYm�u,at Leader's sole discretian. r f �,�,,.;Q:,�
<br /> ' v P o n P a Y m e n�m full of all samc seau�d b�ut�is Security Insaument.Ix�a slaalt pms��IIy re�d�u�zaa�er any �"�;�`' .,;�µ —
<br /> ::`!� .T�msds hetd by Iender. Hf,tti�det paragraph Zt,l�radcr aleail acquire or sell the�r.L�dea.gs&v waT�eaa�guds3tianor ," .*��s,;--:
<br /> j ' sate of the Pcopecty,sb�fl appiy any��uds�eid by Lender at the time of 2eqn�id�Qr sa�C a�8 ecedit�t the sum� ,'r�;,
<br /> ,�::�'� ' sscaiea$]+tbis Secxuic��s�m�t• s e � � ia
<br /> �`�;' 3. ���u��yme�.:.�aless applirable law gmv�des oth�wise.all pa�'aa�u't��ivod by LL�ader uffit�r ��,,,�• � rv-
<br />• . y�,���':t pa��s i aad 2 sS�tL�iQr appIied:'�ust,to any prepaymeat charges due va�tir tfie Not�;'ss�ad,to amoimts payabte •����;�r;,::,�,�fl°'."`
<br /> <„- ; onder paragrap2►2;t���smt�est duz;fonrth,to priacipal due;and tast,to any.late cAarges due emder ttte Note. ' . ���-
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<br /> . '�, , 4. C6sige�;��: `��asrnwet shall pay all taxes,assessmenu.charges,fir�aud iu�wsi�ona atatbutable to the ,c,,;`',.`.",''�
<br /> �"t Property whicb may a�prlosTty.�ser chis Secnrity Insuumeat, and leasehotd PaYm�Ts,or ground reats. if any. ��:"
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<br /> . �,..}•�j�t Bormv�er sha11 Qay�hese obligaciors i�u�a,maaner provided'm paragraph 2.or if not paid im t�aat maaner.Borrower shaU - � - -
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<br /> : ,;.,.; :. : :,.�;,:;'. paYthemontimedirealytothege�sonw�ac�dPaYmeut.BomowershaUpmmptiyfiunis�toLeaderaIllnailcesoYauroimmta[obe -��..
<br />'�;;,',�,.. �" � aid auder tbis ara h if Borrower makes thrsz • ents directl ,Bo�rower s6aU tiy fumish to I�ender ts � : ��x�'��'''.
<br /> `•'�' p D S�P • �+I'� Y P�mP �P �g,:
<br /> ,s,'rf`�'.':'; . ;•;;�;:: . evidencing th�payments., ,.� ma
<br /> , � ,��, r ,t��; , �, �� Borrower shaU promptty discharge any liea�has p�tortry over thfis Secaiity Insw�uent�mleas�omower: (a) . ,<,�,:.
<br /> < <�,'�'y,. . agrees in writing to the payiueat of tke obligatien secu:ed by t�e.ilen 1n a manner axep t a b le to 1.e�der;(b)coatests 9 n g o a d � r y�s.�[a�-
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<br />.� � r,,, ;H,a faith the lieo bY agai�,.eAi'.a��ement of the lien in;Irg�i:F.roce�ings whicb in the Lender s opiuion operate to -,
<br /> �,:r�,:.. .or defends , .
<br />�; � .,'3�,�� ' prevem the enforcemeqf:�E tke�la :����r.(c) seca�e from tl�Itniti:r of the liea an agreement satisfaaory to Leader ::. _;�. ���
<br /> - .. ' � subordinatiag the tie�r{ii!1959&��•��rume�.��Tf l�nder�es tir�a�part of the Property is subject to a Iten �,"���:. '���':�i�,
<br />:;. . ' whicb may attaia pc'raril��+�i�k��ds�ty Instr�,,�.eader.�+give Bomg�'7.aotice identitying the llen. Bormwer 'r t� �
<br /> � shaU sasisfy ihe tien ar��aae ao�i�e+�f t�e a�onsset fosd;c��r��!ey w+ithia i+fYd�yS of t1t��ving of notioe. �f �s :�,
<br /> � -', �.'': 1�a�uda�M tFrru}�ty�om�, �.irN+�;er�it t;�,ia9rce i�u�Rra��ine;tts aaw ad'ss6n�brhemaRer em,cted on the .. i��;:.
<br /> ,a, pr�ect�c,airsur�d againsi toss�� if�is�ca�,ii�d'w�i�;ic�f.ii�t3�e;lieim 'eateaded�ovt�yi�-"`mtd aay other 6mards. ..,.
<br /> ' '"'%'� includitlg tYoods or�aading,�for w4if�L'nttd'irr�m�,ulr.�s.iszsutaurr:''k'liis ir�sar�nce shalZ 6e�uq��ip the mnaimts sad ' - . ., .
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<br /> �! ' �#: r.•� � � � for the peridds that�der requues. �7iz�braniae caii3,�prov�ding the ias��zance shall be chossn b jrBtrira�er subject to . ..
<br /> � �':�..` . Lender's approval which shall aot be;�s�na�d's���vii'�ke1Q. If Borcower fails to mainsain coverag�.dt�n'bod above
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<br /> :� ,i .r;,,n����'� . lsnder may.az I.ender's optIon,�bcai�.�iKe�age�'to'pt+atect Leadeic's dghts in the Pruperty in�cordaace ariW paraguaph 7. ' '�� �ti'
<br />: �•• • ,, ..,��3,;��t� All insuranoe poli�es aAd s��i��tall be aoceptabte oa IIcader and sLall iusFude�;a4undard mortgage clause. ,. . .!,�'�dfi1,
<br /> , ,I�',;� ��','�r���' Lender s8all have the�rigat to hoid tl���iuies and renewais. �FG��er cequires,Borrau+ez�1ai�PmmPttY gtve ta Lender '�,,�s,,
<br /> all receipts of paid g�emiums.aad:eaewa�uotcoes. an the evenc of�oss.Borrower shall give pmfmpt nodce to tLe insuraace ��,� ,, }
<br /> _ �,- � carr�er aad l�ades. ��}a�make.proof of tass•IPnot made promP�Y bY��• � � � 't ; �� �, ��t�� , , .
<br /> srr,� �. �,_:.y`. .,- [Inless E,.endes audi Sc�tiq�r a�ise ag�i�wifung,.i?�surance praceeds shall be appiia��no restoration or cepalr of ' t��Il"S+e� � �
<br /> � l�i�rrr;�. tlt�1�L7J]ICiij� .edama�:���tit�r.c�iirmiuu�at m.pais i5 cxaa�mfr�Jly:feasible aad Leader's sc�eusity.is not lesseaeQ. If thc ���,,5�?�+t;;,�1;r ,��
<br /> �,'.. ��r;,;`. �estoration or s�air is.�isu i�nnnmi�ai3�r;G�C�f�i•.fl�id�'b;aacusiry aould be lessen�d',.tiic:i��1�prnr.�ds sha1T 1� '�`.`��'�,ti}? P�'Y�"4��.;
<br /> ', . appl3ed to the sums saa�r.ui'I�y c�ii�5�►rf�}e tu.�l3�nnrnc;a�hether or noi Wen due�with any e�Patd1 tts;i�brtower. tf' a{��f 1{y i'I'il;�+1�� t�?,
<br /> � Borrower abandon��IArope�ty.or dqes.aat�aas�yr�r�within 30 days a natice from Lender[hat tl�e ins�ranr.��.t�nier has ',;� t�,�ti;�r";,1z�,_;.
<br /> c_.� ,:.. ';' , offered to settIe a claim��hen L,eader may r.al��;di�s insuranoe pmoceds. Leader may use the procaeds to��cP�1i'or restore , ,, ;'� ,En`+4.n;;
<br /> ��° . :, f the Propeny or to pay sums se�ccumd��y,:ihts SecuifCy Insw�*+t.whether or not then due. THe 30-day periad arill begin .'� . ./J�r��q;.
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<br /> � .� wha the notice is givea. � � , .- .�''"�
<br /> " '� UNess Leader and�8arro�ver.Atliernrlse agcee in writiag,any appllcation o!prnoeeds w prinsipal shaU not eatead or ''` -
<br /> '' � postpone the dae QaUe of die mondily payments referrcd to ia paragraphs 1 and 2 or change the amouni of the payments. tf
<br /> =;, . � . undet paragtapb�21 t�e Property Is acquired bry Lender,8orrawer's rig6t tv a�ay�ce policies aad procerds c�esulting � -� � .
<br /> �- � from d�mage co the Property prlor to ttie acquisiHon shall pass to Leader to the extent of the seuns secured by tbis Seauiry � •
<br /> - . . . ` Wspvutcitt�imrnediately prior to the acquisi6on. . .
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