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<br /> ' ',`+ 1UGfiT�ffR WTIH�11 the impmv�nm aow vr ha�after et�c�d on the pmg�ty. � app a� ' ,
<br /> � . 6apa�s aow os he�a part of the pmpe�ty.All replas�aentc aad addidons s�all silso be oovaed by this Seaairy Ins�umeu�. �� _
<br /> `� ° � . .t i AII of the[oregoing i�ceSeaed ro ia tLis Se�ity Ins�t�nt a9 the°Pt�perty►.° c
<br /> .' ' 80RROWER COVFNMPIS t�at Baimwer i�lawfaIIy sased of tM esmt+e heceby aonveyed and h�ss the rigt►t w�ant and ..
<br /> �. :' � . e�mcey d�e Aroper[y aad tbat the Propeaty i��ed.eucept far ea�tm��mues of record.Bomnwer ara�ants aad w�l • .
<br /> � defcad gen�ally the tuie m th�t�eoperty against ail ciaims aud demands,subject so az�y eac�hraaoes of reaord.
<br /> - -��:,.-„-� THIS SECURI7Y IIVSTRtJIu�NT combines unifotm wven�ts 5or oattonal�se and non-nnifom�cove�ants with lunitcd �
<br /> �- varia�ans Dy jiuisdiaion m coaqatitoe a anifarm seauit�►in�um�t ooveriug reai�mpety. _
<br /> � � UNIIaORM COVEiVANCS.Bmroweraad L�der cov�tand agree at follov� : .�. :
<br />.`.' - - L@ap�ent o�Peiadpal and Interest:Ptepay�at aa�i Late CBargr�. Boirower shali pna�pdY PaY whea dae We `-r;.':
<br /> : - pmmripai of aad int�st on tke debt evidenced by the Nat�aad anY P�Ym��IatE cbarges dne�the Nots. _ °..
<br /> . _ ; . . Z.�S[as Yaaes and�ns�uaac� Sub�oct o�ayplipbfe Iaw ar to a a:iuea waiver by Irender.Boaower sUall�q m
<br /> . . . . I,cader an the day maathlY paYm�are due imder tas Note.untt�the Note is paid in fuf1,a smn("Fimds'�far.(a)Y�a�tj►ta� ` '
<br /> ._' . '; and asses�eats wtic6 may anaia pri�ig►over tAis Se�iiy Ins�m�t a�a liea an dte Pcagerty;ib)Y�Y���� �-� ��
<br /> or�mmd ceats on the Propeatyr.if any:(c)YearlY da�r+d ur pmpeicy ins�rance pretaiumx(�Y�Y���P�►� � ::���. �
<br /> - enY.(e)Y�Y��F�•��Y•�t�e�N�PaY��bY Bouowea m Lead�r,iu Ea�rd�ce wifh the `"
<br /> � � � ,`:,, pravis'r,ons of pa�agzagh 9.in lieu of the payment of ma�tgage iusa�anae premiums.'t��se i�eaas are calted�,vsaw Imms."
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<br /> • ��' ` ieude�may.at any tim�wIIect and 6o1d Funds in an amount not m exceed the maummn amo�mt a tender for a federaIIy�arEd .
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<br /> . mas�age Ioan mall�1��Basrawes's esaow a�oaunt ander the Fedetal Real Eslafe S�ent Pimce��ues Act of I974 as • .
<br /> . � `,: .4. �fra�m t�me w�ae,12 US�Searon 260I et seq. ("RFSPA°},amless auother taw mat applic�tn tse F�ds s�a Ies�r .� -�-
<br /> ''• . ..� amoant 7f so.I�ud�t may.ai�►y time.wIIect and baId Fands in an amount not ro exoeed the Iesser am�at.I.�de�may �
<br /> ., . - -:�� esmaa�dte amount of Fi�ads due on the basis of cuRent data and ceasouabte c,ctana�.s of exp�d�of faoae Fscmw Items ar �..:>;�.:�:
<br /> -- ----- :•` o�in armsdance with a�p]icable taw. � '.
<br /> ,�. � . . `�, 'i�e Fand9 shall be held m aa ias�Uatiun whose deposits ate instued by a fedelal ageacy,�s�am�►haritY,��Y C��B .,:�_.�
<br />� .. < . .�:,t Iendar.if I�uder is sucb an iasamtion)ar m�y Fedeial Hosae Loan Bank.Leadee s6all appty the Fands ro pay the Esaow
<br /> ?� :�':: -.� Itaas.Le,nda may nat ch�ge Ba:mwer for hold'mg aad apgiyiag t6e Fund9.annualh►aaalY�ing the esccaw�count�ar vetifying
<br /> .� .. . the Fsnuw Ioems.uaIess Leader pays Bomower�t oa the Finads�d appli�able law peimits I�eader to maYe such a cLazge. ;,,�
<br /> . However.Lend�maY r�re Bairawea ro pay a ane-unae cbarge for an fndepeadeat real est�mx r�ortrng savice n�d by °.P:.;
<br /> ,,,,��;'. . . , Leudet in wnneai�n wilh ttds, Ioan�.t�mless a�p2icable taw ptovides othe�wis�.UnIess an agceematE is mad6 or applicabl�law . : •.
<br /> ,r, • fr�:
<br /> 11�Q11iR8 1A1PdCS�lD�P.�Q a.cuu`s.uiau IIOt dB tCQ��O j)3jl B�IIOWB[8Dy�1�5't OI�ID$.4 OA I�C�1�B���� .
<br /> . .j .��� Leader may agr�e in wsitmg,howev�.that inoraest sttail be paid aw the Fands.I.eudei sd�all give ou Boa�wer.wWtY .,a.a.e... •;__--:-.
<br /> • apmnai accaundng of d�+e Fimds.shawmg�and debits tn the Fands aad the purpase for wficb each del�rt to the Fimds q+as �� �'�"'�
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<br /> .. �' � : mad�'I�e Fnnds aie gIedged as additI�ual seauityr for aD sums ses�ce�d by this Se�ump Ins�meat . '. r
<br /> � � . If the Fimds I�eid by LeaQer exceed the amoimt9 pe�mimed w be held by applicable I�w.Lender sbaD arcouat m Barrowzr for " .:*�,,
<br /> � the wccess Fmids Iu acccsdance aritb the reqnuemeat�of agplisxble 1aw,1f the amount of the Fands hetd by I�der at anyr tivae is .`:��,�?
<br /> not sa�cient oo pay the F�eow Items whea due.L�der may so notify Bonower in wr�g,and,in sorb case B�soara s6atf�r `.;-�:==--
<br /> — - - ta I�er s.+le r.m�mt �s�y d+matce un�he de,5cieucy.Bormwer suaD make W the deficiencY iA ao ina�tl�an tweive `°"-
<br /> . ,-= i�'-° ��Y PaY��atLeudca's soIe�an.
<br /> Upoa payment m fiill of�Il s�uns se�ed by this Secauiqr�nstruntex��Leuder shall PmaaPdY c�fimd�Bo�rower any Fuads i:;
<br /> .. �� �: tield by IRttder.If.�der pa�gtapb 21,1r�dea sball acquite or sell the Avpe:ty,Leader.Prior u►the acqui�tion ur sale of tAe =_-=
<br />.;; � - piop�ty,sdatl apply any Fuads heW by Leadea at the time of scquisi�on or sate as a�it agau�st the sams sa�rcd Iry this - ��.M
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<br />- ' ' Seasity Insuame�t ' E.:�:�. .
<br /> . - ._ 3.pppIIcatInn ol�aymwta UWess applic�ble 1aw provldes othaauis�all paymeatg tecdved by 1.r�3er uader pata�apbs . ..
<br /> � 1 aad�simII be appli�:&sb to any prepayment ct�ges dae uuder the 1�secoad.oa�nonnt��ay�Ye uader Pa�a�aph x =
<br /> , • thud„fQ�imterest dn�fomth.w p�al du�and 1as�,co mry la�c�harges d��dea the Naa�. • _-1_.
<br />- � �,�arg�,a;Ltens. Bormwea�shall pay all taxe,v.ass�cs.c�rges►�fm�s aad�tions amdbusable to t�Property .: ,:.
<br />_ . whicb may attain prioriry over tbis SecvrIry Iasttument,and leasehold pay�or�ound re�ts,if any.B�mwet stia11 p.�yr these _
<br /> . obligarinns m the maan�provideA in par�eapb 2.or if nos paid in that�uc-a,Bairowea shall pay W�an rime dtrectty ro tQe � ,
<br /> � . ,. person owed payment Borrower shaU D�mD�Y tmaish m L�der ail aor�s of amounts ro be paid anQer ttds ya:a�yb.If -
<br /> :,,..�;' ` . ; Baira,e��r�mTces these payra�t�d'emcdy.Bormwet shall proa�tip ftuuish to Leader ce�eipts evIdencing the paymeatts. , , ',';:'j�_i,
<br /> > � �.F';,�.
<br /> �::�;;,! . . Hcgmwer shaU prnmptly discbarge auy tie�which has priority over tbis Seciuiry In.araeaeat unless Bonower:(a)a�es m .t
<br /> ' writmg to the gayment of the obligatioa ses�ued�y the 1i�in a maaaer accaptabte tn Lender,(b)cantests ia good faith the liea : ,M�,
<br /> , . • ., ` 6y,or defead9 against enfo�nent of We llen in, te8a1 Pmce�iags wh� in the l.�der's opinion aperate oo p:eveat the �
<br /> � • e�foncement Af the t�ri:or(c)secunes 5rom the 4oWes of the l�an agreemeat satisfactory m Lender suborid'ma�ng Qie lien to •
<br /> . . �. : . this S�ttiry Lutrumrnt if L�endec detamines thaz m,y pazc of tCe Pmpetty is subject co a t�a wluch may at�in prioricy over diis , -
<br />- . � Sec�aity Luanment,Leader may�ve Boaow�a notice ideacfying the li�.Borrawer sha�sati�y the lir�or talre aae cr more -
<br /> . � of the actions set fo:tA abave wu�i,a lOdays of the giving of nadc�. � � � -
<br /> � Form 80;t8 9190
<br /> ... �-EiR(NE)co�,�.o+ Papozofe tnutats: ,
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