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<br /> i • 98� 110�42
<br /> TOC3ETHER WITH aU the i vemenla now ar herr�fter eractwl on tfw ptc�eriy, a�wl dl o�rarnanls,
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<br /> b�tbu�S�,�laMrueient.now � r �pert ot'the pnropon7. All ropl�cemnnt�uul wcli�iaw�h+�ll Rlw be coverod
<br /> y Y roaoia�ir nferrad ta in thu 5ecuriry In�t�ument ai tbs'Pn�pertY,•
<br /> Bouiowe�CoverMrts dat Barawar i�I�wfully�eired of t6e es�ate heroby canvey�ed�nd ha�tlw riyht ta�rwnt wd
<br /> , oonvey tlw PmpeNy and thut t�e P�rqxrty ie unencumhenxi. except fer tncumbrencts of reconi. Borrower warrauts and
<br /> will d�fwid�dly the titk to tUe Property y�in�t dl cW�md da�,wbject to�ny rocwnban�,M of noord.
<br /> Tla� Secvian Inmiu►�xr combina wufam covao��for natioa�l we uid nonwnifaraa oovan�nt�with limild
<br /> v�ria►tiau b�r juri�dictian w can�titute a uniform�ecurity in�rvmsnt ooverin�re�l P��Y•
<br /> UM�a�w Cuv�+�x�s.Barowar�od Laoder coveo�ot aod�ne a�follows:
<br /> 1.h�of PHacipd aa�d Intetesl;Pti'tP�naent �nd I.+�te Ch�r�en.Boeow�er�hall Pranptlr P�y whn due
<br /> � tha c+f md interert oo the dabt evide�ced by the Note nd�nY P�Plment�nd We c6ar=a due undx tLe Note.
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<br /> 2. fo�Taxes apd Ipp�sna,Subject to�pplicabb law or to a writtai w�iver by l,aKkr, Bortow�er s6d1 p�Y
<br /> 0o L�eud�r Quu �d��y parments�ro due undet t6e Nds. uctil Ua Note i�p�id in fu[I�a wm('Fund�•) for. (�)
<br /> rl r oa�a�� w6iah may�in prioritr over tEi� Sacurity Gutn�ment a�a liea aa eb Propaty�(b)�ar17
<br /> Ppm�st+a imuod renta un tlw PropKty, �f anyp <c)Ya�rly huard or ProPertr i�wr�op P�u�:(d)�Y
<br /> tloo�i ie�ut�sos P�amium�.if anyc(e)Y�!dr mort�ap iawinooe prom�ums. if�nr;�nd(��ny ���nbb br Hor�r�a�
<br /> b LAtlar�in a�oaedrea w�ith ths povuioos of p�rqrapb 8,in lieu of tLe�y meat o moetp�e iawu�nos qwnium�.
<br /> 'lber�ile�e�ace.�Iled '8�crow I�am�.' l.auder m�y.�t�ny tiae,collect and hold Fuod�c ia�a�mar�t not�o eacceed 1bs
<br /> mt�iswn�mount �Led�r for a f�+derdly roWed mort�a�ee lan any requiro for Bonawat's acrow �ocaiut untler the
<br /> � fideral Rat E�fM� S�tUemeat Prooedura Act of 1974 �s urrp�ded itom �time w time, 12 u.s.c. f 2601 e+t aq. �
<br /> ("RBSPA'), uoiew�oother l�w th�ut applia to tbe Fimd��ets�le�x amount.I!a, Lariar ma ,�t�ny Nms,oolMet aed
<br /> bold Pmb in aa*tnouot not 1n euceed t6e la�er�wunt.Laoder may atimue+da amouot of�mod�du�aa Ibe b�w�of
<br /> cwteot data aod�uble e�imate�of expeoditures of future Escrow Itan or otbecwi�e ia s000tdr�oe wi�h�pplicable
<br /> law.
<br /> T6e Fuacb�holl be held in�n ia�titutiaa who�e deposilt ae+e insiued by a fede�da�oc y.�mhumrM�lity.or eotity
<br /> (includ�Ladx,if L,eodx is ach�n ���°8ortow�fcx hoWin �nd l..o�o B+�ak. L.rrlec d�llapp1y tbe Fa�d�w
<br /> W �ccow Items. L.aoder ma not tbs Fuodr, anwWr �e�l
<br /> aerow�ocaiot, or verifpia� Ibe Escraw I�eatt, ttnless I.a�det p�yt ��ter�+cut on tbe Fuod� aodapp1 r�I�wr
<br /> �rmih L,rd�r to nr�lce wch a clwr�e. Howbver. Lender ary roquiro &x�ower w py a oo►tim� drrp��br �n
<br /> mdepa�deet rad ewiva tu iepoctin��srviae ened b�rI.ader in nomection wiW this 1on. uoler applicabb 4w prwides
<br /> adrnri�e.Uola..ao�eemenc�.m.de or applicable I.w uiros wca�eet eo ba paid.�mder.6�u not be roquired a py
<br /> Batra�wr�a�►ielenart are�uo�an the Fmds.Bor�ew�er�L�eoder m�y yroe�vvnqnt��,�m1�wt�a�116s
<br /> p�id Q�151 P�sd�. LiM�er�II�ive b Horrowx,wif6out . io wnw!�cc�h�o�f6e
<br /> �:.;'.0 t� °�w.:.�L::—�ri,:o f�ri ��i�:,w�w voi,ii iv � F�oci�wws m�de. toe i•tod��p�q�q r wfllbO�Y -
<br /> iOCO�I)fOf�Ad MCI��fbli �CIt�1h�fUlll�. �
<br /> If iM Pred�h.ld by La,dr a�csed ms•mo�b perm'risd a be bdd by appL'cable 4w�Lmder�.0�000�a .
<br /> Bay+o�w�c for a»eaoe..lhna.in.00ad.no..vite me mquiromeb o�,�ppliable I�vv. tr we.moa�t or e�s F.sar Yw y :; ,
<br /> �ook aM B�o�tow+rr�Il�ciant to �r��Itemt wka doet l.�+ndar may�o oo4fp Botro�wr i�writ�' . ad.� ',� .'
<br /> � uP deficieocp. Bo�rowht �h(t m�s tip IV
<br /> dr�aeo mra 1M��t�elve a�ooWly Payeenb.�t L.aoda'� diKnetiqp,,.•., �
<br /> pym�t s(ail'of�II sums Meured by Wib Secwity I�vmeat,�L:reNder�ll p�oeptlr rolhsd�o Borrow�r
<br /> aq hd� bp i�dar. If, uodrp�r�p� 21, L�oder�halt �ioquite dr'eell tAe P�ope�t�. Lmdrr. prior b IV
<br /> �iwlio�or ado af tbs Peoperty. �WI �ppiy aay Funda beld by E:imder�t the Gme of�oqui�itior.a wb� a or�dit
<br /> a�M Iv�bq tV 9�Ia�ent. ' �
<br /> 3. �j�ls. VoMu �pplieab�e Inv providee.;b�be�wi�e. �l PqmeNs no�iwd br Iwtl�r�dr
<br /> r•n�r�i. a.�2 iMu be.ppli�d: fir�c,a.ny pnepR jrmsoc eue uoder the tio�..00sd.a a.or.0 p.rabi.
<br /> �� 1. 2� .�M�. Barow���O���due.��t,to any IMe c�rt���d�t IM NoM.
<br /> p�y dl ducas, r�wm�q�a;'cb�r�. tse�od f�po�itior altribuhbie b 1V
<br /> P�op�q wir��ti sy Mdia p�iority owr this Sea+ritr Iartn��nf;`.r�nd IeretwW p�meds or s�ooeA neec, if�aq.� ;;..�; .
<br /> Ha�d�wr iU psr 16Me obiip6o�s m td ms�r pw�ded in p�rwph 2.ar if not�id 'm th�t mrs�r,Baro�t iY ��'��,.;,'
<br /> psy td.a�es.au�ctlr w tbe pxron ovwd paynwu. BortoMer aiwin pro�ptlr ru�i b l..oaa,JI aotio..af.vor.er � .
<br /> b b�pid rsd�r�p�npi. lf Borivw�r m�ion tba�e Pq'arab directlY.HotraMMr�h�U pcomiptlr li�r�ii p,I.rd�r
<br /> �aBw��vw�r rW1 p�dirclur�e�ey lien which 6u priority over d�is':Serurit�LiMium�ot m{�Boiror�r: (a)
<br /> +�rses� �b t6�p��taeot of the oblitatioa �ecurod by Ihe liqc�'iA a mmner rooept�bM to Lwdar;(b)cos�eM�i •. a,�•
<br /> =ood 5ilr�e Fra� by. a d�efa�d�apioat mforcement of the lie��in..b�v prooeedinp which in tAs I.eodePa opaios.::, ..:.,.
<br /> eprare b pre+raet 1bs autw�oaneot of tbe li�a: or(c)•�xuhe�fro�_'th� old�r of t6�lien� �n�oeeet a�ei�6c�r p,;.;�;�
<br /> Iwder rubo�io�t6e liao ro tbis S�curiry intrumeqt.';If Le�uder delerc�ina th�my prt ot eM u wbjact b�. �•�� •
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<br /> lirs w�hieb mn dta�npno��tp avar this Sew�rity Imiqtiu�mt. l.andur m�y �iw Boesow�x •solio�p�fpir�Ibe fiia .,
<br /> Ba�aw�r�Wl�fr ths lim or Wce aoe a mae of tbs ictioos�et fath�bove wit6m 10 dart ot Iv pvq uf notiw.
<br /> S.H�a�rd or��Iwaraeoe. Bono�wer�hall � r,' •
<br /> Prop�q i�wr�d apidt lo� by fite, lwiands inclndad wn'�mia t�e x�teoded ���or hwaflou NecWd n
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