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<br /> � urtenanas.and �,_�:;_;.� �:::. �:.; .
<br /> TOGEFNER WffH all the impmtiements now or hereafter emcted on the property.sad a11�u.aPR ..,,�,, ;�:;:': �.
<br /> . ... ' fixtures rr�w or hereaRes a part oY tlee property d1l1 rePlr�uezats aad additiuns shaii s]su be wvered by this Se��urity .,:,.> , .
<br /> ast�e'Pm rt�-' ...:7<�;:,��:
<br /> �-� jnctmment_E4ll of itte foreg0ing is tefPXied Is iD Iltis SeCUrity IA,SZ[u�t �e •�::•'';�; � .
<br /> � � y to t and ';'�`�.i::
<br /> �. �r a BORROWER COVENAN'PS cha3 Borrower is lawfu�Y sei�d ug the estatc hereby ooa��y�d aad has�he cigh3 gta�► -
<br /> � . , `. � wave}the Penpercy snd that t�e�Q�Yam��aims�eXd�t ds rsuBj'ect[o�any ce3mbrances oif reoordw�ts and wiU - , - --
<br /> . ::--.�:=-�� d e f e n d g s n e t a l i y t h e t i s t e m t�e P c o y e r t y a�, -._:��-;;..� : �
<br /> . .. . TtIbS SECURIIY tNSfRUMENT mntbiaes unKoras co�r�ants t'or aatioaal nse a a d aeu-u n i fonn aa�e n an t��1 t D{i�i t�d
<br /> , , variatiocs by jurisdicdoa to constimte a uaifotm se�vrity instn:.usent covering rea�p�F�'�}. :`,I` `,,;' �, :,..�.�
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<br /> � UNIFORI►'I COYEt�AM'S.Bormwer and tender wveaani and agme as fol[n�s^�: whea d�x ths '`"•, - '` .
<br /> .. �.-`—�:=5 1. Pay�oS�tir�dp�I cu�d�ndeeest; pteFsYas�s eacl[,atr G�ar�. Borrow� sha31 pmanP�Y PaY .
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<br /> . -�~� j priaripal of aad intecest on thx deDt evi�decced by the Note aad ass}pse�►y�:a�d iste c�asg+s� •�eLe I�ate. ;�
<br /> . � ` � �.�ds ior T��al� Subject to appltcabL 1aa�oF to a�nttea wari�sg d�.6�aamaer saall p��to .
<br /> F�uuadt')f�s ta)!'�ta�s ' �.
<br /> . leader oa c�e day monthly payments aze dne und�the Note.uar�d;e idate U pa�a2�fu'�,�sam t' �}� :'�sy�.���,;.,�.
<br /> oYer this SeauitX la�t�s�fiea an t�e Fmpect�;tb)}'���d '"^:;� i:':�,;,
<br /> ' _ a��s�r�may atraig priority hazazd os iasaza:ce�uat�f�)�}tTood imsurnx+ce�n3aivms, ':`�: . ;�%. •-'-
<br /> � ' " '' or grom�renas oa tfle Peopem+,if auY'���Y�Y FmP�7� �,,7� lp� �,�°,�q,� _:'`;. Yt:';:.:s
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<br /> Qi.iTP.�J OY�����iiL'Llti���+�{�iW e...�,�ti{:V.��r'�•ft��:�•.
<br /> ;; � if aay:(eI YeazIy��tSage it�suraae�e Pc�ni�s•if aay:and tff aay s�s Pal+ Y :.
<br /> of�u e insu.-ance gteaivms-'�se itemc a.�e ca:2ad°F�mw items. . t: ,l,� .....:
<br /> _' ' �:•` t�e pmvisious of paragrapH 8,in iierr of tIve Qa1+menE rtg�8 <<_,...,, `._�:,:'
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<br /> � , , �' l�u�r m a y,a c a n y i u a e, o o l t e c t aad Ywtd Fuads in aa amouat nat to exceed tEe ma�ciamm a�ot�ac a i�du 6c a f-ederatlY , � ,
<br /> ,; AR of `.,, �'. -
<br /> . c.�;:,�:° � for Eoirower's escrow a000u:t ucder t E e f e d e r a'1 R e a L�s a:e S e tt I�s m e a s P� Y=.-
<br /> ,. ,.`�.,;u:•; •_: crtated arflrtg,a;e toan may reqnire - . . ':a!r.,�,,�.�_-
<br /> ..T � 1974 as ameaded fmm ricae to tia�. 12 U.S.C.Sectioa 2601 et suJ- (�RFSPA°),�a�t�es las�th�ap�`ies w the F�ds _,.._._._
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<br /> " sers a Iess�a�. If sa,I.euder may, ac anF ti�ooltest aad hold F�s�am amn�e pae cs eaoee�d t�e tess�ama�. _ � �,��.y.
<br /> '. • : I.eud �� �; �. -
<br /> ; estimate the airaouat of Fuads dae on t�e basis of aure�c daa a�d reasnna�Te�of expeadimses ,;;�:.:.�:°,i --
<br /> ,.: Iread�maF - .;J�<� , _
<br /> �,r � Escroar Ite�s or otherwise ia aocardaBCC with aPPticabte ta�_ _s_,
<br /> �,c'�E ` . 'iT�F�utds shall be held in aa iastitu[ian w�a� dePasts are iasuzed by a fedem�4 s�ezxY, in�• or entity � � ,;r',�..�,;.-.-
<br /> t I t2te F�ds to paY the 'r- t,.._
<br /> � !t`•`�;•'' ,: .�� � a LeIId2t,if E�dec is sucbt an ins6�n?��s ia a�"i Fr�cdl Hostt Lflan Bank.�s��PP Y '���-�
<br /> 1 `� , � ; r��° nut e Bomuw�c ffar���g�d appl}riug tbz Fqmds,annually ass��a�e escrow accaunt,ot -�.,�;�
<br /> ' Esccaw Itsms.Lead�m:�+ �S licable lav�pes�zs l.ender w make such �'�� .._..
<br /> ` .: ;-.f y�rir,�the Escmw items,aatess Leader Qa:s�Ee�s+er�1.�test on ihe F�and app� :,_,.,;�:l�.
<br /> - .",.,°,>,E=�srr.s; Eonz�ar to a o�-time char8e for ar�indepeudent rea��taa reporting service �---
<br /> - �;,,���r.:r;_ a c�aa�.However.L.eadermay teg�re PaY � w vides lTnless an is u�ade or F', '`rtsy. -�.
<br /> :.;,; otherarise. ��
<br /> -,-�;��;��':::�'.-,• used 3+g Leuder ia wuaection��s.loau> unless app le la � Borrower anq intecesc or esmings "�
<br /> '� I��r shall not be tequired PaY on the Funds-. �`
<br /> - • -- applica�Ie law requires interest t�.me paid, Leader si�all e w Bormwer,
<br /> .. �;`�'��.�-�;�' . • Sorrawer�aa d l,a s d e s maY a g r e e m�i ti n�•h�v�er.tbat interesc sbaq be paid on the Funds. �'
<br /> ��'F''1'•• (��' ''i.+ �j� aa aocunat aocauaE�ng of tt��iar�s,sliowin8 credits aad debits to the FunQs and t�e ptupose foz whi c h e a c h _
<br /> < <r 4-�4 � ��' �S are pL�dged as additional security for al!sua�s�by this SeauritY lasoc�t• .
<br /> ,��� ,� , del�-��twA�Funds was made.'I��t-�. . to he hetd b hca.'a`"�1[�.I.eader s�all aocount uK 8drto�er a4i'; :
<br /> ,,.,'Y����rA,; > ,.:��-�,'�e Funds hQId by l�r`:�c�d the a�munts pe�m:�e� Y aPP� ;.
<br /> _;r : '���r:' `�;i; " • ts of licable law.If the amt+u�rv�f t&e Fi�s netd 1����y ,t,.;_„f.;•;��,�
<br /> << t= ;ij � for tfii¢,�rcess Funds ia accor�q�.��?� � g��oa�r i�'�vrivag.a�, � , .
<br /> ;, �. . :. ' is IIot suf6�t� Leadec ma so�f�t in such c�e�tcawer� "..;,'.,, ;s�-
<br /> r r . �� �;. ume P�Y the�ti�r 3�x��.dne, Y t�a��i�►m no mo�thaa '�, ;:
<br /> ` } ; 3. s L a l l p a y w I�'r b r t.amou�at�'��anaYce ntP the defic�eacy.��s���P - —
<br /> �;�. �s' � � twelve monthly���.at Lea��s sole��- � ��`�"�� � `y
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<br /> Leuder s�l ro tefuud to Bonowef aay �+�,�;,
<br />, _..�,�;,,?��. ; � ppon paymeat in fBll of�]D`sunas��by this Sec�=ity Insuu�sat. P �Y ltton or sate ,, ,. .;
<br /> � ' Funds held by Leedex.If.nuder para�aph 21,f,ender shall acquire or seD tLe Pmperty.Leader.Prior to the acqu'ss ;: ,,,,;: . —
<br /> ��� ,. . . .tton or sale as a credit againse the sums secured bY �.... � -•
<br /> . . of the Property.sty�c?�P1Y aaY Funds held by:3,eader az the ume of acqms+ „ .. ' �.'�"
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<br /> _� � . � this Secariry Ins�t�ca�:.. � � ,.. ,��-�_
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<br /> ' 3.Appl�catics 4d1 P�ymeu�S.Unless applicable law pmvides othetwise,all payments reoeived bp Y.ender uuder PaiagraPhs �.,` y:F�::�rr:.
<br /> , : ,' a ut ab2e n�er ara ._,—
<br /> . .'' 1 a:�2 sltaU be applied•fi:st,:'ua anY Pr�aYm�ent chaz8e�tlu�;+mder the Note:secoud,to emounts PaY 8 . ��2� .'.��,��F;tr:�-��
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<br /> � ' ' ` �� t�r�..ff�a�terest due;foutth,r�iPi`ta,sipal due:and last,ta an;''la:e cliarges diie under the,Note. .%,:-
<br /> °... . . ;.�, .. ',�.C�asges�,�.ieas.Borrovrer�shaU pay aJl taxes.ass�ts,ch�sges�fiaes and���posidons aun'batable to'�P,mgerty .- -
<br /> . �Y �itiri over tLis.S �aauumcnt, aud leaseho2d .ga+�nts��CUxd�re�, i�;a�}. Bonower sball pay �.,r�:
<br /> _. ..,; ' � •
<br /> � w�:*c�•. att�.- iY � themon di�ecllY �. �._
<br /> the�+e oDli�aations�:r�e an3aner prnvided'm�a:�h 2.or if not paid in�ti�c�naaner.garm�res�1X�+
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<br /> �,• <�...'��. to i$e person owed payment.Boaower sha11 pmmptly fumish to Lender a!]noticcs of�aa'imts m��'�3 under tlds paragrapb. :� ��--
<br /> . :.r. . °:` ` If Boaower makes these paynaear�•directly,Basower�haU prompdy fumisb w l.ead�r.'�eipts evtdencing the payarents. -_•_'_`�'��.'.
<br /> .. �t �r'� ^ '' unless Boirower:(a)af,rees in --
<br /> � .. goirower sLall pmmptty disdaarge any lien wLich has priority over tt�s S.ea��p.'�t =.
<br />.. . ��r: ariting to the yayment of the obligation secured by the lien in a manner acxc�t�ybia to G.�der:N)eontests in good faith the UeR:�. . 'dr.__:
<br /> - ;�:'` . ' 6y, or defends agamst enforrs�at of the lien in. teSal Proceeditr�s;.Ivliit�i;�fAC��der's opinioa operate w preveu4(��°.;; ' ,.,�,�.
<br />' '� S Q'•, �`� <r .
<br /> _. enforcement of the lien;or(c�'�as�es from the holder of the lien an agtet:+�t satte!'�G�n�7►to Lender subatdlnatbt thc�It � ,
<br /> i � - is sa 1 tn�a lien wlurh may attain pf3triftjr�st�+ . :,',.
<br /> • � � ' .. �. this 5acurity lnstrumeat.If L�t?�sr retermiaes that any pait oY the Property! bpjt,�, ;. ;. *� v �i,,�p� • �` _�..
<br /> . �•�� o wer a aotire idenrifyiag the lien.DYIIMAC���"'C uCD VL!��!.,OIIS Cr ' .4 r. 7
<br /> th's9 Secunty Insuum�at•LeIIde[IDaY P��.{� � '�• al'";
<br /> � �' more of the astions set fortb above withtA�•!p�d�.ys of the giving of aoti+ce.:. . , , : � �
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