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<br /> • '[�OGEfHBR iVtfH all the 3mprovements now or herea�ter erec[ed on the pmp�y aad al1��P�+t�.a�+pauc°.I1a..^+CC3.� ` v , �� � .,.a� '
<br /> `< � � fixtures now or tunaftet a part of the propetty. A l l rep lace�menis aa d a d d i t ians sb a 1 1 also 6 e co�e r e d b y thit S e c e�s i L s �;' °.° `:,': _
<br /> . �` . .i , Iatuument•Afl of.the foregoing is tefeaed to in this Ssan�iry Insaument as the'Property.' ,,� .;::;:' ;`��:,.;.•,::%`�:_
<br /> • L � � BORROWER COVENANTS that Bo}tower is lawtulIy seised of the estate hereb com ed and i�che ri s to cam a� _ . �� �;. :.
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<br /> ,;:^_ ,` con�-ey th¢.Ptoperty aad that the Pmperty is unenrumbeied. eacept for ensumbraaae3 of reoord.B�rcaK�r wana�t ard tti'sEt `c , '�• �`
<br /> �• the thle co tht Pio a inst sU claims and demands,subject to aa�p tnquub�oes of reoncd. A . .
<br /> . `•;=•:.:. - defcnd genezaltY P�Y Ea ;;,I.,., , .', . ...
<br /> ,��''tF"��= THiS 5ECURITY INSIRW��T combines unifonn coveaants for natiana!asse�aa�-uaiform covc.a�e�ax u'at�lir�:txd ,�.�,�.,�>�. . .
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<br /> urisdiaion ta oouuirute a imiform seiurit}insu�ameat�overusg real property. - �; ,�:K.:..- �°
<br /> - variatinns bY 1 . �_. .
<br /> " " � UI�IIFORM COVEI�JAI3TS. Bortowtr and Lendes covenant and agee as foltows: r'- ". '• =�:. .
<br /> , t. i'a}ment of PNncipal and Lnterest: Pr�paymeat and Lpte Charges. Sorroa•er shali promptlY Dap wheo d:ar U:e '
<br /> ..-,- principal of and interest on the de�t evidenced hy tiie Note and any ptepayment a�ad late charges due under tAe hotc. ,_
<br /> - - 2. F�ds for Tiiaces antl tmtutattte. S�tbject to appticable taw ar ta a�vriuueu t�raives by I�nQer.8onovsres slt�L pa�c to - -_ .
<br /> Ltas3er on ttte day monthly payments are due unda the Note.uatil the Note is paid in fuU,a sum 1'Fuetds'}for:(a)yeacl}e��eg ' , ,; rt`�.
<br /> and assessments which may attain priority over�his Secnriry insa�met►t as a liea on th�e Pm�:tb}1►�arly teasehc+l��a,}�:� :�; �; ..t-; :•;',:,,`
<br /> � . � or giouad rents on the Ptoperty.if a»y:(c)Yeariy Laza�d or PioPescy iasutaztce pre�udwm+:Q�)y'ear�!ft�o0 s�z3.^�e pseaxi�s. .`;;;�;r�i-:f�:.':°;:���.���<
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<br /> � � ` � �it any:(e)Yearl}mortgage inswranoe premi�ms,if any:and(�any sums payabie by Borroa��xr to Lazdtr.ia�ac�dau�ve� ,; . .�.:r�,.:,, :. . : :
<br /> �,:,r, `: � tJ�e pmvisioas of pare8rapb 8.ta liw of the payment of mortgage iasurance premiuntc.7tesse ite�ss are c3lled"�aroa 1�.' :;,: ;.;i%;�';;�. ---x.
<br /> _ l�eader maY.at any time.aollect and hold FuaOs ia an amo�t not w excead�he ma�n ataouat a t�cbes for a isd..-ra11} '�`�};�<`�%'��:,�-;,.�,:.,.�
<br /> � . �tated mortgage loan may:equire for Bomuwer's escrow ar�oimt under the federai Rcat�ctaze Secclement P�o�es Acn o! '.,: ',;.,V:;�.�
<br /> _'±` t•„ 1974.as ameeded from time co time. 12 U.S.C.SECt�on ZG�1 er seq.t'RFSPA').unle$s aaother law tha:a,pgln�co tt�e Fu�Ss '`��� . :�.__., ,�,�,�.,__--
<br /> sets a l�sser aznoum. if so.LeuQer may.at any time,,aQU�ct aud.hold Funds in an amoumt not w eeoee�t�s 2rsttr a�mt �
<br /> ' , <:� �.. `,,- Lendet may estimate the amount of Fands dae oa ti�6�asi�af wsr�ra.data and r�soaabie est�tc�of eacpt�"iuues af�ilsme -
<br /> �1�Y7 �'i �.$CIdW YIP�4 Ot OihCJW1$8 1D 2CC.OtdBIICC QIIfjI2�[11Jt�1�E�3�t1.. : . ___
<br />, �. ..; ,.':, 'Ihe Funds shall be heid in an �u@ca whase d�sits..a��by a federal agency. i��atatit�F, aT en�s�; �= -
<br /> r r i r ,:'• ('mtludiag L�des,if Lp�der S�such an n�nrioa)or s`a sn,y.Federal ffam�Lat�.Bauk.Lendet sb2i11 aPPI}r d��oa�'s tn�y th� ,, .� �r,�'�=_•
<br />- `:< ,:.'-:: � F.�pvItems.l�nder may aat char�e.H�mwer far���¢d aPP�Y����+�►ually anal}rdn�the esea�tv�a�mu.ur :. . �_
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<br /> _ . --- �•�the�srow�temsk.Unlcss LEndes'p�ys Ea�rs�c iati�:r�est an'the Fvndx a�applicabie law permits Lea�xa to mate susb '�f= {���-
<br /> ' � �,�,e..L�a�ever,leader say r�re 13an�ee�ur.�a onetuas dtac�e fbi au aadependeat ieal c�tate tas raponing servire ���� � �'�--
<br /> , ' _��:� •��3�} i� in coaneqion wi�b:this Ta��zt.�uule� applic�hIe Ta�ar�ovides othe:aise. UNess a� agr�em�t Is madr ar r�
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<br /> a�dit�bte taar ii�quires inserest to be paid.Leader sTaaII unt be iaq,riisTad m.PaY Borrower aay iiueiest or eaxnhtgs an thz Fm�.
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<br /> �' ; "� _� :.''`� � ��aad Lender may agree in writing,Ieowe�xer«'�ai:auerest�Ti�'be paid on dfe fa�ds.Lender shaU g'a�ve.to.Borrower, • -.T��
<br /> . . •'�vli�vat charge.an annual accouapng of the Fun,as.�SUU+�ug cre�'aud.deDits.w the Funds and dre Putpa�;�ac.}vbich each ,�
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<br /> ;�i{�f.�i td the Faads was made.'rhe Funds a�e g�t�ec�,a��iaua�s�xu3Jp�for.a11�s se�xised by tl�s Seau�i��m�uiaent
<br /> � 1 r`-� . �. U the Fnads held by Lsader e�eed�"ze s�p'.e�.�t�ct to�X�3,d isY�a�il7r�rile law.Iknde�s�ali accourit•to Borr�tqrar s .��
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<br /> '. f�tr the excecs Funcis ir�accordaare aiti�� .���,aS•aPPlira�fe]aR!i�`.ch�amauni of tl�e Fuads held bry•La►dsr ap���,.' o' __
<br /> � .. t�is nors�ff�aem w��he Fsaow Iiep��ivhea c�rmr�,�er maY�o nocify�rt.�er ia writing,aad,ia suile,qse Hamntvrr: +,n1� ':� --_
<br /> ; , . ,;�.�ay ta�L�n der t he a m.*,u u�t neoessary to m a l c�`u�;i s c!3.���e n c y. B o u e�a���3:�m a k e u p t h e d�&c i e a�`"a�u�m o r e t i t� . �, � �� ,k� _-
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<br /> " �e�1��paymenis.��der's sole discre�ian;,. �;�:, -, , . .
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<br />. ti L . . UposF.� . , ent in full of all sums secum.d by this;Se�c�cg d�srr�t�:L�ster sLaU promptiy :efund�tu`'�airower ar�' " ,�„
<br /> .--- -�- - �vttds Deld'�Lender.if.unQer paragraph 21.Ixndec sj�a� r,�l��'�c►�te�tY•Leader,Priar toihe�Strioa ar sate .�.,. , _ -
<br />,�;:' � +?�`t,��ProP�Y•shaU appIy any Fuads hetd by Leade�,a�,l��_tiD�e�}�.�?u�.a�a sale as a credit aga�nst'th��sec�red by �-;_
<br /> . . ,i�8ecunry Insmimeat. . . ;: . •:` .�. �•�.
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<br /> � " l ;1.. _ :� � �� 3.Appllr�oA of Payments.IIuless.a�t��b?�e�a�u�Sr�ides qt�e�wiso,a}l�payments seoeived hy Ixt�ei�d�'paragtapLs ��-
<br /> . ,!� 8� ' ,` ,�aad 2 sball be applied:fi�.to u►Y�s�"m�%�'�ar,�-��ue uaa3�r:)!�:Nose:secund.ro amuunts PaYaLte uadxr pa�agraph 2: , :.��
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<br /> , k.•�`•i�',., € '.i`,�;'.ti�itd.to iatesest due:four�h.w principai�dMr�a.�t,�as�;ltr� latg t�;.�u7�dne'uader the Note. � ;�,
<br /> , . •�`: �1���=::•• 0,Charge�Idea�13otrower sha11 pay all cax�,�rm2nter+r�8es.fi�a n d l mpo s i d o a s a t t n b u�a b i e t o t h e Propescy �� .----.
<br /> � :.,�,�� ,`.. � mr u�+d renrs.if aay.�iu sDaD P�Y �1 .: ..—.
<br /> r , .�;;i��may auai?Priot;�°Qvgr this Seaairy lasuans�n'l, �t�a�d'pay�e� 8� ; ,�. ` �� �=,.
<br /> � ._.. . t}u�e obligations in�he�namier provlded in paragraph�;;�i�`qnt r t i s i�.t h a t m�mxr.Bomower s�ll PaY�h m�¢���l m e d i r e c t l y . .�.
<br /> .; • to the persoa a�wed payman�.Bormwer sUaU D�D�3+.�s�4`�'atl notiees of amounts tfl be paid under t�o�a paragrapD. .. j�.,�...
<br /> . ��.: if Soaower makes these paymeats diaealy.Borrower sii�It�b�t�rtlix ffom�isb to Lender zaeipts evideaeIag tae paymeats. ` ' �,��'�'-
<br /> • .. � � Bo:mwet shall promptly discbar8e anY lien which Uzitr�.;icriry'+over this S�ocity Insuumxnt unless Borruwer:(a)ag�ees in `. �-
<br /> � � . ..� t ; �+�ting m tAe paymeat af the obligatioa seaued bp t�s�.f)i��iJxi a maaner acceptab:�.io Lender;(b)eoncests ip gaad faitL the lien •� —
<br /> --. , '. ` �.J4*j. or defepds against enforara�at of the Uea iu. 1�it�i`?�ac�edings whicL in the I�er's opinioa operace to preve�t the ,'�•.
<br /> ' �, �. .eafo�nent of the litn:or(c)se�res from the holyt��f�f�lien an:agreement satisfactory to Lender svbordiaatimg t�e lien to �h T"�:
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<br />-`a- � , ;d{�'k���''r a�' .,t�is Security Insuument. If Lender detamiaes��a�>>Ir�c of she Property is subjxt to a llm which may sisain Driarity over �, . ;;i�t �,I��;
<br /> . ���• , ve 8ormwec a�nnl�ce identi the liea�.�ro�ves ahall �he tim ar take one or �� �;,-.,.}�`".-
<br /> � ' ,.'�{yj�y�"1,��i` °lttis Ses�uiry.tnsuuma�.,T�cudet m3Y& �8 �� �'; '
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