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<br /> .. ` . _� ' • Tp��HER WfTH all the impravements naw or hereafter eiected on t�e pmpesty,�d all eas � _ ,.
<br /> ` ..� fixtuieg nnw or heceafter a part of the Pm�rtY• � �Placements aad addidons shall also be coveced by this Sec+uity ` .
<br /> � � Inst�amem.EUl of the foregoing ia refened to in this 3ecuritY Insuumen�as the'PropertY•� -_-`-_, �.
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<br /> BORRO�lIElL COVBNAriTS that Bonoa�is tawfutlY�of the e.ssate hereby caaveyed aad ha4 the right to graut aad -`<__.:_:.°`
<br /> . , ' `;.i comrey the ptoperty and that the Ptoperty is uaenaimbeced,except fer encambrances of tecord.Borrower waztaats aad will `.'_
<br /> � - - _ ' defeQd geaeially the dde oo the F i a�p r�t y against all claims aad demands,sabject w any e�aoes af r000id. �.
<br /> ___.:_ __.^€ 7'HIS SECURYI'Y 1PiSfItI3MENT combines anifom►cavenaats for natlonal nse and noa-unifo�m cov�aats with t�mited '; �_`
<br /> -�:'� -
<br /> :."�,:�_ : - - vaiiations 1ty ja:isditxion ta oaas4tatc a unifo;m seauitY�suume�wvecing�ea1 propertS►. :
<br /> � UNII�ORM CaVENANIS.Bonower and Leuder cavenaat an�ag�us follaws:
<br /> � -• . 1. Pl�ym�t af�ps1 amd I�es��'eP��end LeYe�.Boaower shall P�amPt13►PaY o+hen dne the
<br /> ` prfncipal of and i�etest on t�e debt evidenced DY the Nate and any prepayment and laie charges c�e ander ti�e Note. .,.
<br /> - ''���� 2.F�uads far Ta�aad Ias�aance.Sbbject to apglicable taw or w a writt�waiver b7► 1�nd�,Bosmarer shall pay to '���
<br /> . < � ` ' Lender an the day monthtY Payments�due un��the Note,unt�the Note is paid'm fiill.a sum('Funds�) �o��►ments �
<br /> ... and ass�ats ar�s�maY attam P�iom9'over this Securit5►msaame�as a lieu on the Prngeny;(b)Yea�Y , .
<br /> �• � or groaad rents on the Fmpeity►,if anYt E�)Y��31�h�d or praperty insarance P�:(d?1�Y�tood insuraace preminms,
<br /> . �.,` d aay,(e)Y�Y��Se����aad(�anY su�ns Payabie bY BosmFrer to Iender,in arcordance wit1� •
<br /> . the gmvisioas of paragraph S,s�iieu of the payment of mosgage ins�rance Premiums-These items are eallecl'Fscro�v It�s.'
<br /> �.'•``�:_,..`�` �,¢¢�r may,at aay time,cotls��d huid Fua�s in an annaaat nflt to exceed the ma�um amoimt a i�der for a fedewtty • ' ,, .._
<br />_-.`�''--�- ` for Bormwer's esc�ow acratmt nader tLe fedetal Real BsmEe Settlement Procedutes Acx of � .
<br /> - �elated mortgage toaa may�
<br /> '� 1974 as ameaded fmm time w time,l2 U.S.C.Seaion 2601 et seq.('ItFSPA'),tml�as anoihet law that applies w the Fuads �
<br /> ,�:,"<. . �. s�s a tesse�amm�t.If so, Ls�der ma3►,az aay time,colt�t and hold Funds in aa amoant not ta exceed�he te.aser ammmt• �;a:
<br /> ,„s�' �r��nay e.�rtimate the amnunt of Fands dne on the bagis of c.n�seat data and reasonab2e estimate.s of expendi�of fiva:e
<br /> .v;.�
<br /> � -�- .. ��-.�s ar atherwise in r.aoardance with applicable taw. _.� -
<br /> � . � 1f� P�c's shall be Ise�c��aa insdaition whose deposits are insured bY a federal ag�cy. ins�taltts++ or emity .
<br /> � C�ffi I.�,�L�der is�au in�oa)or ia any Federal Hame Loaa Bank.Leudec sh�t.a�pplY the FwWs to pay t�e �.,,.;
<br /> • ; � E s c s�s v f i e m s.�d e r m a Y r,�s c�ge Bonawer for hold�ng and applyiag the Funds,aaaualtY�SY'r�g the�mw� "'* c�' ,. ..
<br /> , � •„�:�...
<br /> ..':i_.. .•_.. -: -*� the Escrow Items.�ir.nder pays Bo�rmwer iate�est oa the Fimds aad aFF�sable 2aw permiis L�d r s w m�� . _
<br /> �.' vt�1�$.i.+� ICdl�Sf2IC t8x�� .}L; r,.
<br /> '� � � `'' a da�e.However,I.ender�auy�1�Bonawez to pay a on�time�arge for an�dent
<br /> . , �`•� in co�ction with this losa, tmless agplicabie laa► pmvides otheiwise. Unless an ag���a� fr
<br /> b l.�der �'`�',,.
<br /> , � �� y iaterest or earnings�a Sie F�. . .
<br /> � • � � ' �->. applicable law zequires iate�est w be p3td,Lender shall not be req�i�ed w paY Bormwer any
<br /> • ' Bosmwer and Leader ma�►agra in wrI�nB.ha�ever,that interesc shaU be paid on the Fuads:Leader sbaU give to Barmvi'c�,' ;:�-._
<br /> � � :� a$r of the F�mds.s�oariag ccedita�d debits w the Fnads and the pmpose for whicb each :'�'=��.
<br /> . wi3lzotu c�arge, an a�uai atxotmdn8 ...��.��;;,.
<br /> . _ d�it to the Faads was made.The Fuads ate p2edged as additEonal seca�ity for all Iuable l�aw�,Le�der shaU aa�uat�er ���,-���
<br /> ,. If the Funds held by Lender exceed the pmovnts petmiued to be keId by app' -
<br /> •, for the excess Funds ia asaoid�ce with the reqoirements of applicable law. If the ammmt of tbe E�ds held by Lender at aay
<br /> � ��.ai�� time is not suff�.s�c w pay the Fssmw Items vihen dae.I.ender may so norify Borrower in writ�,�d.in such wse Bosm�s �._;�,
<br /> . ' "; �PaY to Iander the amauat aecessat�+to make up the defrcienc5►.Bomuwet shall make up the defieieuc�+ia no more tlt.�m+ =-^
<br /> :�•�, .� rr�r.�'r�e mantLlY Dayments+�Leadet's sole dlscredon• ' �d tm 13�a�nwer aay .;''T-
<br />.'�°;��`'' �'. � ' a m fa�Y��Tl sa�s sectaed 1fY this�trity Insuoment,Leu�z shaU y�on�Pt1Y <.•=--°-
<br /> . - : � PaY� � ec ed ���?�.:�.-:
<br /> � . . .:�.`�. Fua�s�eld by k�der.If,uzder paragraph 21.Lender shall aoqnite ar s�di the Property.Lender.Pi'cor to the a�don ar�?e y --
<br /> ' : �-.�;. of a�PmPertY.=�a11 app1Y anY Fands h�ld by Lender at the tlme af��.�sition or saIe as a ere�it a�nst tbe sams s�i� .
<br /> �-'.,
<br /> ' .�` t�is�ecuritY 1asu�ent- � ts�ceived by LEnder ts�d�parw'��s _ -
<br /> _ � �� ' � 3.A�pllt�tion oY Pl�ym�ts.Unless applicab2e law mvid�es a�srise.ai1�,to amounts payrab2e�pata�b Z:
<br /> _ � �� .,,�� 1 and 2 sball be applied:fi�st.to anY D�PaY��Bes due ur�er 't�.*e Note; .
<br /> ' :�_�. third,w intere.sa dne:fonttb,to pr�ncIpal due;aud la4t,to aay late dta�s dne under the Note.
<br /> . � ..� 4.C�Ideas.Bonower ahaU pay all taxes.assessments,c�a38es,flnes�d imposifloas amibt�tab2e w the Pmg�q� , .
<br /> .. . �;: ahich maY�Prloriry over tb9s SecurIry Instzvment, and leaseho3d payments or grouad ients, if a�►.Eoaower sba1l� . ..
<br /> � . .. ,t. t�e obligadons L►the maaner pmvlded Ia paragraph 2.or if not paid in tbat maaaer.Boaower sba11 paY them on time d1t��tY
<br /> .:'; to the pe�son owed paymen�Bomowet sball Pmmpth►t�misb to Lender all nodces of ammmts ro he paid�ader this paraSrapL•
<br /> If Bornuwer ma�es these payments di�tiY.Bomawer shall PTamPUY tiuniah to Leudes�eiPis evldendng the paya�nts• ` `—
<br /> - . Barcower s�aU promPdY disc6ar�e aaY lien��hicb Las priority over this SecurIry Insuumeat tmles�Bormwer:(e)agcoes i� _
<br /> writing to the pay�nt of the obligatton seivred�y the Ilen in a manner acoeptable to lender;(b)oontests 1n good faitD t�e ii�
<br />- . Dy,or defends sgainst enforoement of the liea in. legul pmceedings which 9n the I.ender's opin3on aperate to prevent the �� . .
<br /> � eufarcement of the l�en:or te)secuies fram tTie ho2der of the lien an ag�meat satlsf2ctory to Leader sabotdiu�ti�ag the 1�w ��� ,:.,
<br /> this geauity I�stmment.If Leades determines that a�►gart of the Propeay is subjea to a lien w1�may aitaln prioiItY over � .
<br /> - this S�¢riry lnsunmem.l.ender ma5►g►ve Bormvrer a aotice identifying the lien.Bomnwer small sadsij►the lien or tako one or . .
<br /> � . � mnre of the acttons set fotth abave witLin 10 days of the g�ving of aotIce. .
<br />_ . . . faen�8oZ8 9 �� �
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