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<br /> -' � TOGETHER WITH sU the imArovements now or hersaftar scertad.ort the GroOertY.end eU easem�ts.aAPurtiemances.and . , -
<br /> �� • fc�ras naw ar hereeRer a part af Me property.AO reptsc�r.�ent�;end add'�tfons ShaO aTSO he covered by th(s Se�urIIyr Insuument . � " "
<br /> • 4 _ .• ` .q AU of the toreSo�+g is ratecred m in this Ss�ur�y Instrumsal as!!:a"�ropertY•' '. "-_- --
<br /> �1 BQRROWER COVENAt�tTS thffi BOrtOV�fs t9wWH1t SBized Oi ttte est8t9 hsreby Coav8lled 8ud hSS ti�g t6gAt to�nt 0ttd� �,'—
<br /> : ,- � comrey tl�e?roOertY and Mat the PropeRy is nnencumDered. exeePt tor enaunhrances o! reeord BoROwer wanants and
<br /> dei�nd generaQY MQ t3te to t�e ProPertY agaL�st au ctabns and d�nands.subJect to any encumdrances ot record. �
<br /> � . . .2 , , TFUS S�CUHITY INSTRUMR�IT cambfies un�ortn eovenartts tar national u5e end nort�undorm CovanantS w3A fan3ed� - • .
<br /> � . . vssiat�ns Dy I�dietion to con&taule e dn�arm securdY�sCument cover�9 realOroDeth• M
<br /> � UNiFQR1Vt COVEMANiS. Borrower ana�c�nder covenanl an0 eg�ea es tottows: . -
<br /> 1.PayaaeM ot Pe�nat�!and Entereat: �rePaycnent ans8 Late Chargea.eortoweT snan o�omvuy Qer wean� :
<br /> � dua the rtnetpal of and tntetest on the de0t evt6enc80�y tha Kota end enY Vrapaymm►t and tate at�arges due undei!he Note.
<br /> �. �uazta to�Tettea an�tn�ras�.SuDjset to eypfCeDta bgr ar to e xrtdten w8luer by Lertdet.8orto-�nrer Sh80 p& • .
<br /> • •:` to Lertd�an the daY monthh!Payments aro du0 under the l�tote.untD th�Note Is Paid In tts0.e sum('FunQs'1 lor. (aI Ye -. .- . _. ,
<br /> _ _— • `"` tex6s end esses9ntente witiCil m8y 8tt8� ptfot�yr a�r tMS SGSnr�l► �t es tl I�n en th9 ProD�Y:fb?Yes�N�s8hof _ .
<br /> . � � ., :� paymants or ground renta an the PropaRy.a any: (e)YearN harard or praAertlr U►suraneo Dramtums:(d)YeaM Rood b�surence
<br /> �. : � prem4rms..B any;(e?Ysa►hl��8s hsuranae�Orern4�ma.R anq:end(q eny 6ums payabta by Barrower to Lsnda►in eceardanee
<br /> ' with the ptovtstons o1 pare9rsAb 8, 6� lieu ot the payman!at mortgage insuranee premturris. 1Tiese @ems et9 ea U 8 0'E BGOw
<br /> '• � : �� Item9.• t,ond¢r may.et enY�e.Col3�Ct end�otd FurtQs � en emour+t not to�ceeae the maximum emount a tcrtditr tar a � �
<br /> • � faderely re8ted moRg�gB tna�may requtre for 8otrowei's escrow 6�eeaun4 under tha feGerel E�eal Es�a Settsem8nt Pro�edures � .
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<br /> Act ot 1974 as amsndod trom t(m�to tlme. 12 U.S.C.�2501 et se4 t�`�A'). unf35s enotAer�aw �nat appttes to the Funds .. `. ,
<br /> ' � � # s�ts e Iess9t emau� If so,LEnder mgy,8t eny tirtse�CoFect and hotd Funds in en emouni not to exceed the�sser emeun� � :
<br /> • '.� ,� lendor mapsestimata�tha amount at Funds Qua en h�e basta ot cunent deffi and reasonab�estimates ot exp�dftures ot fueue _.,T.� y:
<br /> . t` Egerow ttem&or othdswis9 In flccordenae wRA eppijC80la taw. _ -
<br /> f�� Tti9 Funds s�ari Qe hek!in an instdution wAase QepoSQs ere tr�sured Ey a tedmal ag�cy�6�SRumenta@y.or ent3y(1ncJuding •" _
<br /> �- - lBndes.�l.enQ�is SseCh en i�sG'iution}or in enY Federe{Hame Laen Benk. Lendet shaii aPpb M6 WnQs to p$y tha E^..erarl _— r= __
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<br /> ILams.l.�nder may rtot eharge Bo�sower tor hotding and epptytr�g tne Furtds.aenuaUy anatyzfng the escrow eccoun�or veNyag ����-`�
<br /> . tit� E6Crow lteme. un�ss Lender pay5 Borta�vsr a►te�est on the FunQs and eppC�bl9 taw p�rt►$s LendBr to mek9 saCh a ss•�' .
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<br /> , :."��: cnacge. However.Lender may nequke Borro�ver to pay a ane�time cAarge tot an tndependant wat esmia tm�reDort�B S�e • .;
<br /> • . «sed Dy lender irt eonnecUan wdN this ban. un�ess aPPticabte �uv prov(Qes oth�wts� UnF�ss srt eg�ment ts made ar � . �;�
<br /> appfieaD�faw tequUes tntsrast to Ce p8ta.lenQer sh�t9 nct be�equtre�to pay Borrower arry Interast or effmfngs art tfte Funds. , -------
<br /> , :.;� Hprroxrer and Lender mag s�sa in wrttnB+Aowever.t�at mtersst shan bs pa[d on tde Fsmds.LenQer�ShaII giue.�v:.E�aaower. _ _ - _�:�.
<br /> . . : .--°�-:.- v►,L1out charge.an annuel mocouming o1 the Wn�.shmni�cred�s er+d debds to the Fuads end the pwpase for�escA � -."��':.•-
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<br /> � ; �it to the Funds was m2de. The Funds are Dtedge0 ss add�ionai sedicly ior a0 sums secured by Ne Seatfdy Inshu�r� ` ��;:s;a ;�r�t a.
<br /> ` . If the Funds hofd tiy LenQer exceed the amounts p�m3^ad to tre ft�i bY eOAG�abt��aw.Lender sha0 aecoun!ta�o►+rer ��'''<'���'°'"
<br /> .. �.:•,y. fmr tt►e�rcess funds in accardane9 w�h ths wquhemerrts ci apy�iaII�C�lf tt�e amount of the Fends hetd by lender�rit.anY � -���-'---
<br /> • s+;-:. �ts not suflkieitT to Paq the Escrow Items wt�en duQ L�r may sa csnt�S►Borrow6r in wrd'u�S�end. tn sucA case� ', .; ^
<br /> '.` sR�a9 DaY to Lender tha emmun neoessar�►to matco uC tt�d�5eieney. Bortower sAalt m�uP�aeSeTe��Y in no vem�thsn �..�:�
<br /> %` Ltaqhe monthh Peyments.at ts�'tders soie disereUen. � ';.,.�'�:
<br /> Upon paym8nt in tuD Gg aB�rtss secured b�F�s�'!tnstrument,Lender sheD promptly refimd to Borrow�a��fFUnds ,,_ :.. .;ID�_��•
<br /> hBId by lertdBr. It.undBr q�r&�,t8ph 21.L�t�S�fr3?e��,�or s80 the PtOp�ly.L.end@t.Prtbt to 1he eC�pt15$ioR Or SDPr3 Of the I � t,�`i���r:
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<br /> � ? �oPertY.shaU eDPh enY FLmds le83 b�p LeaxAaac.�t:f�:t�a ot acqu�"dton a►sats es a eredit against the sums secured by this � �� ;.;���;
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<br /> �r �3 A�fp11C8tlOD OS ��ff18tI�B: .�.'.i.:1� e,�:�ie.taw provtdes atherwise. aD Payments �eceived by Lender under £L,��—
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<br /> } -�aphs 1 end 2 she0 re 4'�t�'ae� first.to arry P�t.charges due urtdar ttie Mac�•second to amounts paysDta under ,.
<br /> �''��*�� � ,. �aph�thUd.to i nterc,.-°t a t a�f ou rt h.to p r f n c i p a l Que;ar�l a s t,t o a n y l a t e o h a r�e s�=a n d e►t h e N o t e. r''�`�i`�:�
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<br />. ��'=' �_ �. �t. CIOStgCS� U@Yt3 8ortower S�all pey a0 te�c�s.�assessrr�ts. eharges. r�s ana �mvos;uans am�u�ta co me ��,��rn��a..�.�
<br /> -- �-r, .. ----
<br /> . �,-:�. ::. `� = �� '��,reRy whicfi may attein prtarAy over t�ts Securtty Instrum�r►t,and teasahold paymsnts C��ound�ents.8 sny. Borrower shall -
<br /> �! ,'• ,>,� °�.tliese oLP�atdons tn tha maumer Orovided in Para�aPfi 2.'or ff not pald o�that maniter,Borrow6r shaU Daft them on Wr►a ;�`.
<br /> :'E v � �uaalty to the person otived payment Bortower sha0 pro�:�"R fumish to Lender aQ aa�es of amawns to be pafd under thfs 'r
<br /> r���`��,, � '=t _.t�B�Ph. If 8orrower mahas these paymenta dit�ectN. �v6r Sh3B prompty turrtiat�i to I.ender c¢ceipts evld8�+c�n� the �,r'� , �.�.�.
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<br /> . . . ' Borrowar sheD D�mPa71 d�isCAarga eny Iten whtcA trr��rity over this SeeurRyr IrtC��ent unlass Borrower. ReD�� � I• • ';����;
<br /> . .. �• wr�ing to the payment of the obligatton secured by lhe frea in a manner acceptable to I.enQer; (b)can3as�1n���'lafth the ,_
<br /> ;•7 � . ��►by. or detends against enforcement of tha lisn in. tegat Proceedings which �t1�e Lenders op&ifar► a�eza�t��everrt th9 � -__
<br /> '`2ite�cemer►t ot tha Qen;or(a)secures from the hotdar ct the Hen an 8greement satisfactory to Lender�s�ord'a��c�g 3::e 68n to , �
<br /> :;,� • 'tt,iS_Secu�Ty tnsUUmenG if L8n�1er determines that eny pacR o4 ttre Propertll is subJsct to a�Q�t whICA may atteln pti�,mver this °f�'eF.'-
<br />; • • ' .� • �,:,.: _�. " �. , 'Secw.�3y Insbument.Lend�r m8y glve Bortower a aotice iAant�yin9 the Ren.Bormwer Shalt�asty the Psn or ffike o»s¢n miare ot f yN:W-.
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<br /> 1 '• ,.'C.'`T9 SCII�!(f9 S�[ORh eb0Y9 Withill 10 deyS 0}the QNYiQ 0}ifOLIC@- . ' ' ; ;:���l'��t �
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<br /> . . . . "� �..#3�a�! or Property tn�rance.9orrower shall keep the 6nprovemen�naw e�isting ot hereaftet eree{ed on the � � , " •t 4'
<br /> ; � '�i,:` „�� �n'biired+against(OSS by fue. h3�rQs 6tCluQed withhl the tertn.•�ctende0 Cover8g9 end eny other ha�rMs.inCitding -
<br />- . ,i.r,-y.�. ;,'; �flaaE�r flo0tlirig.for whtch LenQer reputres h�surance. This insurance S�all be matntatned In the amounts an0 Por tNe pertods � ��1..-�
<br /> �'�`�'f`' � �thst Lender requUes. The insurance carrter prov�dtng th2 irrsuranCe sha0 Oe cAOSen by Barrawer subject to Lertd�'s,approval __
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<br /> � . ; , - � �+nich shBD not be unreasonabty wlt�fietd. H Borrower 9a�.s to matr�mh�eovarage described abave.Lender msY,oG::enCefs :-. �.-,;
<br /> . � .aaUon.obtab�eo�e►ege to p►otect Leadee's righta tn the�erty tn accordanee wRh paraglaph 7. •� ...� .b.w
<br /> � AO Insurance polfclas end renewab ShaU 6e aa�ri�blB 40 lsnder end shaII(neiude a standard martgags.ct�.rsa. Lsnder _ .. _�._
<br /> . � , � �!►a0 havs the dgb!to hoid the po�Cies end renewats- ft Lendm�equfres.Borrower shaD prompUy gt��o Co Lender eU reee�LS a} .'. ._••.::
<br />_ - �7tai0 prembms and�enewal notic�. In the event ot Iass,.�orrowershe0 gNe prompf nottee to Me Insu►a�a cem'ere:fd lender. � � �,�s�..
<br /> . � . � �L�nder may mafce pmof of loss 8 not madf�promptty bg B�aw� ' .:�. ' " ` :':•.' . ... .
<br /> Un(ess I.�nC�r an0 Borcovrer otharwtse a�ea in rv.9tfs�.tnsurance proceeds shap be applied to cgsr�i�vr�of the ' ,i_�.� _�• . . ..
<br />-. , -- .'��j. • 'Ft.��eR�+dart�ged. H th9 restoratton or ri9p&ir Is eeanor.t?caly teasIDS9 and Lendets securfir ts nOt�.��.t�3 ra5t�bn ar '.
<br /> � � • te�air Is not eeorrom�BQy tea8lDb or L.ead�e setur3y wa��70 be�ssenEd,th9 tnsu►�mee prooeeds:�*at��ra,�t3�t!�u!�sums
<br />— . . s , �aurad bY ��Se�ufih► tnstrum2n�whethsr ar not thEn Cue. witA emy mccess Oatd to Boaowe' •��.�J�bwq►�c�es the
<br /> • t?topmhr,or Qees not answer wiU�in 30 Qays e notice ira�C.endar that tha tnswanee carrier has oNered to ssu7o e c�^5n.tA�f . ,
<br />_ ��:�, �� LenEor may Col�et the tnsuraneo proeeed9. lend`t m#q uS3 tho proeeeQs to repatr or• iesiote the PropeRy or ta�ay sums • �
<br /> • seeured by tht9 Securdy tnsWmenf.whBther or not th�n pua: The 3C�Qay Dertod wN begt-�when th9 notice 1s gtuen.
<br /> � Uniess Lender and BoROwer otheywlse agree in wiRtng. enY BPP���n ot proceeds to prficiFal SheD not e�4Qn0 or _ ,. „ .
<br /> postpone the due date o1 the montAy psyments referred to in paragrapfis 1 and 2 or change tha emount of th0:paymente•I� . �
<br /> • � under paragrapD 2t the Properry is aCWlred by Lender, Borrowefe right to eny hsurance poP�fes end proceaQs resu&ing from . .•, .
<br /> • . damage w the Property prbr to the acquts&ion shaA pass to tender to tAe �Qent of tAe sums by thb Sccurriy tnstrumenl ..
<br />- , � � trrunediatety pNor to Me acqu��ion.
<br /> . � 8. Oacupancy, Preservation, M�lnterwnee and �oteatlon ot fi�e Rropeny; Borrov�er'a La�n " �• ��:
<br />- . . . _� Appfi�otton;�easehol�a eorrov�er snau accuvv.estab6sh,end use tNe Propeny as Bortov�ers prinefpal resid�ce w�hh �. � -
<br />_ • sbRy day3 af�er the mcecutton of thls Secw�y InsUumenf end shall eaaUnue to oecupy NB Property as Barrowets prhetpal .` �`
<br />- residsnes far at teast ono yesr ai�tlr.�dato of oaupancy.unt�ss LQnQar ottierwlse agrms In wr�ing.wt�QA eonsent shs0 not
<br /> - - . bo unraasanaby wBhAotd,or uniess e�Renuating cUicumstaness exist which are beyond Borcowsls control Barrowar sda0 not
<br /> � �.� destr0y,Qamage at tmC��o�oA�Y.aUoVi th�ProDertY to daffiriorate or comm�w85te on tha PropeRy.Barrowet shaD be in � ' .
<br /> tletauR H any foAedure act�o�proeeeEing, whethEr ciu�1 ot Cr'�r�'nat,�s ee�m cnat�n�mrs�ooa ra;n+lu�gmem eoura rasun -,. . .,
<br /> ln toAeiture of the PropeRy or otherwise rnatedelly hnpatr ths Gen ereatea by Mis Securtty trtstnur�srtt or L6ndt�'s saeurfty 6rtsresG � . ,
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