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<br /> . ' - '[�OLiE1�iER WTi'H all the�v�9 naw dr he�eafter_erecxed oa the p� .�
<br /> ` � and Suutes nov�or a part°of the property All r+ep q� an�ad tions sha�ll aLso be��e�red .. .
<br /> � "', ' ` b�jr this SeauitY� Ins�.Ail of the foregoiug i�s n:fened ta ia- this SecuritY�lfas��t as the°Propert9•° .
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<br /> °", � . Bo�wm Cov�urns tbat Bouower is la,wfuIIy Eeised of the es�e he�ebY com+eyed aml hss the rtght to gant aad ,
<br /> ' �`';. � ooavey the Fio and that tRe Pcopetty is tnnead�mbe�d.eaco�t for en�umbraaces of:eoord.B+on�ow frorr�srd. � � .'` '.`
<br /> � � �� aIll defead g�Y thc tItfe W We Property ag�inst all�aims�d d�mauds,sabject to eaY�a�mb�
<br /> ect
<br /> ` ' �. . Tws S'�aernr Lasrsue�r�s wmb3nes�mi�o�cov�anta for nattonal ase am�noa-unifarm covenants with Iimited
<br /> °<� � ` =. vaarlations by3niisdicaon to constitnte auaifoim�sea#�it5►�s�me�wverla$mal propeny. �.�.
<br /> ati � ��u�&
<br /> _ :��_..-��'_ Uc�oxdl Covtat�ts.Bonower and Lead�r coveaant �I.ste Ch�rg�-Basmt*rer st�all pmmptiy pay when due -_
<br /> -�' • 1.Payane�4 oi Pri�ipal and Intet��reFaYm� h� -
<br /> - � � ` ° theg�mc�pal of�aad ia�t oa the debt evidenced by the Note aad aaY P�PeY�����dII�imdec the Note.
<br /> . - `':' .- 2.�tmds for 1Y�and In�tn�Shbject toa�licable law or to a wri�waiver by�L�Rnder,Bmrower sl�all pay �
<br /> -�- `��"� �o I+e a d e r on t II e c l a y m o n t b t y a r e d n e�m d e r t h e N o t e,�t h e N o t e i s p a i d i a f u l l.a s�m(°Fttuds°)for:(a)
<br /> ';;•:_ .� '� early taaes and a�ts w�a t t a i a p t i o r i t�over this S e c i u i t y Insteument as a liea on the Progeny,lb)Y�Y
<br /> . - �se�old paymants or gruund�tts on the Pmperty,�F a�r:Ce)Year�►ba7ard or property�P��;<d?9�Y .
<br /> "::i Sood insuzaace p�erm�rs.if aaY;(�)Y�Y��P�if aay,and(fl eaY sums�agab2e by 8oaower '�°:
<br /> � w L�de��a acoo�oe wIth the piavtstons of parag�aph S, ia liw af tbe paYme�t o�mortguge ms�ance P�ums• ".,`i, ..
<br /> These itaoos are called°Escmw Items.°Ixader may,ei a�►time.coIleci srul hold Fnada ia aa amu�t aot w exc�d the
<br />. _ . maumnm anmmnt a leader far a fodeaally reianed mnstga8e t�n maY�e far 8ormvrec's escrovr acx�ouut�der the
<br /> � federal Real Es� S�fle�ent Pmcxdn� Act af I974 as amended fram tiase w time. 12 U.S.C. $ Z601 d seq. _
<br /> �. � ('R�A'�,tmless mmother law tl�atappiies W the Faads s�a l�ser�.If so,L�dermay,��a�y time.co}I�t aad _
<br /> 't � Hold�aEs in aa ssnount aot to excxed the lesser amnu�.B�maY�maate tae amonat of Fmids dae oa the i�asis of .
<br /> r;,�,a � ,
<br /> °�,�.= cur�2 cF�a�d.re�anable estimates of exp�af fi�Escmw It�s or otheiwise in accozd�*s�e wtth appl�Cable
<br />�- '_ ,:.,�,`.�c. . taw. 'I'he F��'16e held in aa insatu��whose d�posits ace insured bY a f�deial�acy.insmv�litY.or e��tY
<br /> -,'` � , " I,ender,�Le�nder is sach an�on)or ia airy Fed�al Home Luan Bank.I.e[tder sha��ply the Fuads to
<br /> � tha Funda. aauualiy analY�S�
<br /> `'(.-- -- " :^�: p��crow I t+�a a s. L�d e r.m�a o t r�a r g e B m r a w e r�c a ho l d i a g and a p p 1 S►m& ��J
<br /> �a�accou�t,or verlfy�g r�e'�cow Ytems,uat�s I�pays 8 oaaxrer inierest aa the Fnads a n dspplicab2e law �}.
<br />" .` ;�. pamita I.e�dea to nrdke snch s�Sarge. Hawev�, Lea�anal+ re�Nire Bormwer to pay a ano-time charge for aa
<br /> independeat real estate tax iepas�sg seavioe nsed�l.ender�wnn�xIon with this loan.aniess applicahte law pmvides ."�� �`
<br />_ . , •' athecwtse.IInless aa a�eut is made or applis�e law ieqnires intecPSt m he pafd,Lender eba11 aot is�reqoired�w�paS► ...
<br /> = � - �5'� Bomawa a�►iate�est or eam}ngs oa the Pan�s.Bormwer�d I.euder may ag�ia wdtin�.however,thai inmeoest sbaD ise •,.
<br /> ` � i pai�.an the Fimds.Leader sba�g�ve w Boauw�r,w8hont�aa a�ai a000ugtii o f t h e Fimds,ahuovfig c�i t s a a�
<br />- :,,`,�s%•.°,1< f` de�s to tt�e Fuads and the par�ose for whtch each debit m� Faads aras made.�Funds aze p2edged as addittonal
<br /> `� c�`'FM�r .:[ S�fOIBu SLTIIL9 S@WIBd b�r L�B.Se�i�►�811UIIIeIIT.
<br /> „ �`,�!'�,�r��� If the Funds hetd by Leadef eao�the am�ounts permitted w be b�eld by applit�ble law.Le�tder si�all acca�t m �:.:
<br /> '.,.�". .. ,.. Bo�wer for the�ce�Fmida in accoidaace w�ihe teqaa+�ofsppll��able Iaw.If the a�z a,€the Fuads held by .
<br /> � ay so noti�9 B�er.in uu�.aad.ia � .
<br /> `. `f� � ` Le�td.er at anp�re u�not snSdent to pay tre�savw It�s whea dne.l� �.
<br /> 'f`�,.. snc�case Boao�r shau pay to r.ender t�e:smcunt necesstav w make nr them d�:ficieaci+.Eo�wzc shau` make the . .
<br /> .'. ��' �;:r defca��y in no m.cne than tweive mantblY Paymerus�at l.emder's sole disczetton. e�� �d � ,ti'r;;;
<br /> Uponpm�in full ofF all saass seaued F►Y this ry��:�P�Y tn�ier -�. .
<br /> S�shaU acquire or seII the•FmPeitY,L�ctdet. o=w flse �'M'
<br /> . � Y F�mds held by Leuder. If nnde�r parag�aph 2�► I.wder i P� .
<br />. . a��oi�on as s�,*re of tl�e F�erty, shall apply any F a n d s h e l d by L�n d e r a s t h e ti m e o f a i e q u i s i t it�n or eate as a c�it �`
<br /> � , . agaiast the sums.s�areAbq Seauity Inst�ment.
<br /> , 3. Appltca�io�04�bymeats. Untesq appliCabte law pmvtdes otherwise. all payments rer�eived by I�en�et uadet �'�`7�''
<br /> . p�S�Phv I and 2 shall 6e appiied fust.to enY P?epaYm�t c�es due un�r the Nate: secon8.to amo�ts Oayable �";*°'•
<br /> ' �,` ..^�� uIIde p �raph 2;third.w ins�rest dne;fourtb,to prmcipal due;aad last.to�y lase due�der the Piote.
<br /> . fines� sittoas sun'butabie w the �,;"��
<br /> .. � 4�C h a r g c g;I B e a s. B o r m w e r s b a l l pa 3►a l l t a x e s. a s s e a s m e a t c,c h a i g w,
<br /> �":;,: propecty which may atmin ority over t b i s Ss�ulty Insuument. an0 teasehoW paymr�or Bround :ents. i f aayr. t:�''-=;
<br /> � -� . .. . B o r r o w e r e b a U p a y t h e s e o b�g a t�ons ia the u�maer ProvIded in para�aph 2.or if not pa�id ia that manaer.Bomuwer st�aU . _-,_
<br /> � ., ;:..�a paY then►on dme d3�eCtly to che pe�saa awr,�paYme�t.Borrower shaU PmmptlY fl�n�h w Le�der aU noti ce s o f e m m m t s F:;�.�-
<br /> ` � ' t o b e p a i d u n d e r t h 3 s p a r a g�a p�.tf Bonower makes these payme�ts directtY,Bauower abaU pmmptly iiamish to LEader � —
<br /> ,'` ' reaeipts evidenciag the paym� F -
<br /> � � Borrower s h a l l p m m P�s�8 e�Y l i e u w h 1 c L�a s p r i a t l t y o v e r t L i s S a a u i ry I p s�u m e n t im2ess Ho�: (a) ,
<br /> �u
<br /> • a g r e e s i n w r i d a g w t h e p a y m e n t o f t h e o D�i g a t lon seaued b y ttie ltea�n a maaner acceptable w Lender,.(b)oont�ts i�l
<br /> . � .' r good faith the tien by.or defends agaiast eafor�ent of the lien in,2�1 proceedinga whicL in ttre L e a d e t's up 3 n W n .;:
<br /> � : .�.;. opeiate to preveat the enforcement of the liee�; os(c)setaues&nm ttte older of the lien aa agaeement satisfactory to
<br />_ . Latder subordinada$the liea m this S�artry Inncumeat.If Lender d�ermines that aa y part of the 8iro �S sabject w a ����:;�_
<br /> . . .,::;.,.' 13ea wh3cb may auainpr�'orlty rner this S mea�iorrye of�o�ns s�e.t fortL abo�c�vi�t�IU�d�a of���na'+'�e�
<br /> Borrowec shsll sarisPy the llen ar take one or e�cted oa e ��-``'
<br /> � 5.H�azard or Progs�y Yasmrano� Boaowet s�sill keep the impm+�ements now exlsdng
<br /> � . . � pnopertyr ins�ue�l agaiast toss by fire, ha�a.�ds included within the teim 'e�ctended ooverege y other -
<br />_ . . .. � . ��1 , , � ;' !80 fOa 1 / . -
<br />° � � ' eawc�s swsf�nn9,wc.,sr.Esauc n�w ee3oz I��OOC3s�•Raan eoAen reai�n2 tie�9t .,''.
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