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<br /> � ` . , . TOGfiTHER WITH all the improvet�ents naw or 6ereai�cr�rectetl oashePm�ettlr,�M e����se���;.$PQ���•ffid ` � . -
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<br /> fixcures now or hereafter a part of the pmpem►. All tegtmr�me�tts an� atlditiarts sI�11�>,atto.�t�.ua��d by tbis �uri�Y r ` .. . ,
<br /> ��� Insaum�n�All of eh+e foregoiag is ceferred to ia this Sec�city instrtuarat as t6a"Arq�Y2ct!r:"� . ` � . , �.:.:':
<br /> � • ��� BORR�WER COVENAISTS that 6omuwet is la�tfullY seised of tAe estu�e hereb}c.camv.�yrr�.an��bag the right w grant aad t�. > ` .
<br /> � �
<br /> is�c�.exc�t foY enc+�mbrcutces o1'�.��• ���T watrants and w�i `
<br /> .. .�� � wavey t�e Property aad that tLe PmpertY demx�ds,suh'�ct td an��en��turp�sr.pfstecozd. ��.:.,. � _ -
<br /> , ' ' defead ganerallY the tide to the Property against atl cia�ms and 3 . � ... . :•
<br /> � � :� 'f'ii1S SEC[1RITY 1NSTRUMEMd'combines uniform covenants far nnti�m�1 Fu�a aa�na�t�uaifAtm covenants with limited �i ,:.- ,�,;:�. .%-:; �.
<br /> ctioa w constitute a uniform securitY ia�tmmeat cover�ag res�P�uP�i� --__':f'.'.
<br /> iu
<br /> ; ; variations bY J�� �j =- .
<br /> _`� IJNffORiVi COYENAKTS. Botmwer aad L�ader coveAaat aad agree as fUlla�rb:. �due tlte ` -
<br /> �^� , ' 1.Puyment of Prtncipal sin�Inter�t:F�+ePay�nt sad Late Char�.;�nr��«stuilt pmmpttY PaY � " _
<br /> � principal of and interc�t on the debt evidenoed by the Natc and au�'PseRaYmaacant�l�n ch�es due under the Note. ;"
<br /> � E.Fimds for Taxes and imvranae-Snbject to applica6te law a�ta�a wri�tcm,waiver by Lxnder,Sormwet shait pay tn �:F..,.._'• :.::,. 4.,<`..
<br /> • .._ Z,atder an the dal►mnnthlY PaYm�ate due uader ihe Nota,uttu�,tLe Naia i�prdtt�in•fiill.a swn("Fuads")for.(a}yearlY� s.:� ` .. . -
<br /> . .� �•. �..ass�ments c�sid►may attaia pdoriry over this Sexurity Ipsuuuten1�a�a iien,on the PmPeitY; (b)Year1Y leasehotd pay4nenis �:,', � •'
<br /> - or gmtmd t�ts on the PcopenY,if any;(c)YeaziY ba�d or.pmpeit;`iututytnss p�emiums;(d)YeariY Sood insvraace Pr�ms. F :� � .;� .., °._;
<br /> ' , mnrt insvrance pcemivaas.if any;and f�r°aay����t!�Y�1e b3►Bormwer to Eender,ia anoordance�� ` ; #_; .
<br /> �Y if�y;te)Y�Y �8 in lien of the paymEnt of.mo�igoge ins�umdd�Premiva�s.'�sQ items ac�e caliea'Fsccaw Items.° _� .:� r ,°
<br /> . .. the provisions of patagraph . m : .°
<br /> • ' l.euder may.at any time,collect and hoId FemdS in an aaamWr not to eACeed the maxi�tnm aaiuuat:a lender for a federalty � � •-_•_�
<br /> `" the federel Rra�.E�ate Setdement P�noedums Act of ,b-�: .'^ -
<br /> • . �� . �elatesl-t�P�Be toaa amy cetNi�e far Botm�rer's esc�otiv.•�umunt tmdcr ., '.,=••,�_=�*�
<br /> � �' 12 U.S.C.Secdap Zf�ilG et seq. (RESpA");unl�ess auad3er Ia�thaz applies ta the Fuads .�. -
<br /> � 19ti4 as am�ded fmm time to time, � * �'��"`--.
<br /> <, . s�s a Iesser amaumt.If sa. Leader may.at anY time•.colli�c and hold Ec�ds ia an�cvu�n uat m�d the Ie�ser amnimR. .�
<br /> � �� � ` L�ar may es6i�e the amaunt of Fands due an tha bs��of aurent dara aud reasonabie estimat��eE'�of futuce , .��i�`.-;_
<br /> . • �. �v;it�s or.othaw'is8 iu acr�o�daaca with sPPiii�aiq.lrtY.. . . �...: �. _�="�--_
<br /> ;ne!�•w�onhsfr_?_a �]j';�[j{y -•�-
<br /> '� FunAs sbaU 6e held in an ius�tutiad wtia�ei di�taists are iasured bY a federal aB�ecY, tM Frx�ca�PaY� �
<br /> r?C ' —
<br /> �,,;., . (inr.Iiiding Leader,if I.ender is smch an instittutdA).ar,in,�►y Federal Houte Loan Bank.l.eader shall aFPT��mw arcouni.ar -�,
<br /> • •z'�� .::„ F s c c+��v I t e m s.I.e n d c r m a y n a t.d i a t g c Borron��a'r holding aad aPPiYing tUe Fonds.aanually�F� . : ,��
<br /> ' er interest on the F u n d s a n d app l i c a b lc l a w�n g.�a d e r w m a k c s w� :=�,.. . �;,�,
<br /> � . :; . verifYing the Escmwv Items..nnl�ss LeusGsr:pap�.Hoirow . _
<br /> cm to a on�-time cbazge for an independeat sea��tax reportiag service
<br /> � '' 9auu� PaY �r' �=
<br /> ' ���t; ' -. a charge.Ro�vevec,i.enda:raa�Y'�� is made or .
<br /> • . u..�ed�by L�eadcr �a canno�stan�wiW.t��.Tn.En, unless aPPlicable taw provides ot$�. U���t the F�mds. ;. ;;'�
<br /> �' •, Cable law n�qqicrs intf�t:tn be�riit�Ixnder si�all not 6e requited to pay Borconrec saF int�sC or eamings ta Botm�ver, -_ -_
<br /> :� . �.�� � . ���writin ,hoarever,that interess sball be paid on the l�xad�: I.ead�r sha11 g►_ : � - --
<br /> :�'`,, 8oa�ver�and•i.eatl�;m$y:�`='� 8 for whic]i each -.r-•,,,; ��_
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<br /> ' : •���v,:�v:r�vmnfJi�wdag of the F�ds.showing aedits aad d$bus•W tF�Framds���� -
<br /> cfebiiim ihe Faa�:zt7a+in�ti�'tLae Fuads ue pledged as additioaal securit�r�ecaii sums secased���$►�II� F �� _
<br /> S7 r ��.''t�oonwzcta Borcower .•,"
<br /> . fa�'r� � .. 13'the Faa�l�eid'byti'iierisle�r exceed thc amounts pettmitt�d to be held 8y applicabte•faw, . . -
<br /> ,�, ,.;� � �,�arith tl�e teqaitemeate of applicablc law.If the aam�atcEt:�e3z�r�i�kla 1�'l'�r at an3l • ��_
<br /> - ai�excess FaaSs �auCt�cm��3oaower.
<br /> �r - - � .�: lxuder ma so notify Barro�t s'm�:�r' ; .
<br /> �'u:E�` � " �'.�not suffaiem•w pay t�te Escrnw Items whea due. Y `.:��
<br /> • .,.•.,•, ��f`,��Y��o�nnnce thaa .
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<br /> ..,.�. •;` .. , sqa11 pay w Lender the amouat ne�+to mulce up the deSciency.Borsoaer sLall s�c�:
<br /> ,,� II i8 1[LCIId2l'9 5016�SC1�IaII. •` � 1 ' ,n,,� --
<br /> � twe2ve monthlY P Y��of all sums secumd by this Seauiry Insu�m�t, Lender s�prnmptly'refimd to BoTrawer a�► � : ��_
<br /> �� „-;
<br /> _ .!4:. __ Upon paymea ' e[.prior to the asqui�ian or sale �k<�::.,.��
<br /> ' ' � � �: Fuads held by Lendet.If,vader Pard�raPh 21.Lender shall ecttuiie or seU the Propertg�JL�,d
<br /> of the P c o pettY,shall app1Y anY Funds held by Lender at the time of acquisitioa or sa:e�as a credit against the s�s secuted bY �`'.'����•°�`�_-
<br /> , -;: :f-��
<br /> . . �:?:� this Ser,urity Iastraiment p , ts received b Lendet under pamgrapl�a ' -
<br /> . . ` � 3.AppH�on o!Yaymenta Untess appIicable law mvides othec�':s�r,a1I Paymen Y ,': .
<br /> . , 1�d 2 shaU be agplied:ficst.to aaY D�PeY���Bcs dus uuder the��+iote: second,to amauats payable uuder paraSrapb Z:
<br /> a s:t � a1 due:and last.ta��t.� "�, char�es due�mdcr the Nate.
<br /> „�; ^` > thi��i�lr inter�est due:fowth,m Princ�P � ' 4
<br /> as�.,'ssni�ts eF.ar3es.fines aad impositions aun'butable�t3�=ProPeKS► �,,�
<br /> ` �t�;i?� . �.;r; ' .�.Chatgesi lden5.Borraaer sbaU pay all taxes, $mYativer sLall pay v�%�.�s�i: -
<br /> ,,.� E,:�.� , ��ente or gtound r+eats..if'auS►• ..
<br /> � whtch may attain prioriry over t L l s S e w rit�►l a s a u m e a t,a a�ieaseha t$'�',..�eII Borroaer s&sI1��y them oa tiffie direcUy �t
<br /> ,t�t�a ,.� _�_
<br /> ' '��r�� these obligaztons in the manner yrovided in•puragraph 2,or if not paid Nv��:snanner,
<br /> •. nanner
<br /> . '• .�.:?' B�owet shall ro tt fumish to Leader:s�I•�dces of amotmts w f��.1?�undeT thls paragtapb. •:. --
<br /> ,.", �. ,�,� to the pezson owed paymen.� , P mP Y � fiuni�'n ro Leader receipts evId�ing the payments. . ta,� -
<br /> .� '. `�( lf Bomnaer makes these gu;�ct��'imcxiy,Borrower sball promP�y t�mtess Bosowec:(a)a�in �; -_
<br /> ; ti°j,, '. �1s�arge aay lien which hag priori over tlils See,vrin!'i� -
<br /> �r'�:: �; .. ' ,s f Borrower shall pmmpti�. ta61e to Lender;N)��gaod faith the lien t, -
<br /> . •��;�1 writtng w the pa�me�c o f t he o b�g a t i o n s e c u r e d b y t h e lien in a mannee aeceP �..;,.. .'
<br /> . ;:,,,r. � enforcement'of the l ien in. leg a l p m a e e d i n g s��iirb in the Lender's opimsn3 operase to psevent t h e
<br /> � }�.: by, or.defeads agaiast t sasisfacto to I�ri�az s:bordinat�ng tfle lien to ,
<br /> :.:., � ;. enforc�ent of the Hen;or(c3��from the hoider of the lien an� =Y . .
<br /> - ��,'t�;t,t,, ,�j�� d e t e i m i n c s t h a t a n 3r g�c:r.�the Pro p e rt y,is subj e c 4lo a lien a'ltfi�i�may attz�u 1?�ntY aver
<br /> � .,;>,Y,> . � ti�is S e c u rity I n s t�m e n t.�t r c�c�' �g •xr�r st�all sasi�f'Y t he 1�r,c't�ke o a e o r ��, � �
<br /> ; ��s<t;..:�� %� . the liea.i�a�x+. __�
<br /> �"'�;,;•4('`; : �;�j�> . tt�Secui'Ity Tn�Wa►ea�1x�r3��s�ay.give Borrower a.c�*a�:denti ' • . ,,.
<br /> � !4 da.s f : . �;•"
<br /> . � . ;'�,{��, • more of the acaons set forth n:�aos within y o tPte�-�r:ng o f ao a c e. : . . ` ,
<br /> .. - ��! ,, , • . • Fom►H0Y8 919 /� ; �., , . .
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