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<br /> r �'=.`' �`�' 'FO{3$THFR WITH ell the Imptovemsats IIoW c►i�etPCted 03 tbe ptop�ty.&ud eU easemen3s.apputtenances.and .�'
<br /> .. 1i� ��.4s_..=Oi=:: � and a�itions sball aiso be covered by this SeauitY -- -�-_
<br /> =:�_�r::��::"z 6 �tures naaA'o'r d��e4��.apfter a Farft,�oY the grepa�c�y,►. �epIa/��,e�m����� =-r:
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<br /> :,,c�::;Fi��':*��'� BORItOWBR COVENA►NTS t�at Bort�weR is lawthlty seisad oY the es�te herebY canveyed and has the rigDt w grant and .,:..,>-
<br /> �- �"`�-,r:`'r CO1IV r4�►tbB�iOpC�t$�
<br /> ebat t�Pcoperty is mueaamnbemd;exceP�fos�oi s+�ocd. Bosrocver waaauts and will z� �
<br /> n,.,� ,�.�. defan4 generally the dtte W the Propeny agaiast all ctaims aad demands.snbject to suy enc�mbiatices of reoocd. _
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<br /> ., �`� 4 �:,: 7�lIS SECURITY WST�UMENT combines uaifosm�for natim�al nse aad nfla�uniform covenmus with�
<br /> ', .<:� �°, � rarI�ams hy jntisdi�on w aonsdtute a uaifotm sec�ity iasnum�at oovalmg teal ptoperty.
<br /> �� `
<br /> °.:z�-'._�f`a�F�`` U�RpRM CdVENAN'PS.Burnrwer aad Lr�des coveaaat aad agc�e as folloas: ��''
<br /> r N'. �,��_' when dus the k
<br /> 1. Ppym�t of Ptt�al aud I�et+� F�9��and Late COa�ges. Bomower shall pmmptlY PaY
<br /> t�"''� ��; gr3�iga1 of and interest on thr d�bt evidenced by the Note and anY prepaYme��d t�e c�arges dae uade�r the Aiate.
<br /> .��.� -.
<br /> ;�.r`.:::�Y^<�.-;<- 2.Ftmds fos'[1�xcs aad I�saae.Sobject w aIIPlieable law or to a written waiver by Ix�nder, Boaower sAaU PaY w ,:
<br /> '.� a ''f . l�ter aa the daY��Y FaY�aie dne tutdex the Note.�the Note is gaid ia fW1,a sam('Funds'for.(a)Y�Y� �� "
<br />�<_'s'_••4��z;�.:::1;�. mW a�is wbieh.ma�r att�prtotity over thia Ses�ity I�umeat as a liea on the Property:N)Y�Y teaseitold paymeats _
<br /> �° ` �f;': �d)Yeaz1Y tiood ii►su�ue pr�tums. .
<br /> � � or gtov�d rems an the Pcoperty,if aay;Ec)Y�arlj►harard or pmy�ty i�uraaoe p:emfiapns�: �,��,,�,�,„,,,���.t,
<br /> C' � r�_: f r�`�`= u P. DV��•t��r m dLtiVluaurc WWi .e .. .
<br /> � .t a�►;(e)Y�Y��
<br /> insa�aace gr�i�s,if aa�►:aad(�anY s�P� b3►
<br /> < t... These items aze cai2ed"Esauw Itans.' y��
<br /> .., < <,.,rt�, . �t�mvisfoas of pata�ph�.ia ltem of d�e payaa�t oY�e�s�uance premiams.
<br /> �`:; : :. :`�� Leader may� ffi auy time.cQu�and haId Faad�►m an a�otu�t not to e�eed tbe m�mum armo�mt a l�r fflr a federally �;:-:
<br /> '' r> ; related mortgage toaa may zeqaue for Botmwe.r's escrow accmma under the fedeial Real Estate Seulement Froa�Acx of � ..
<br /> ,{`:. ,,• ,`�`` 1974 as ameaded icnua dme.to time,�2 U.S.C.Secaton Zfi�l et seq.('RBSPA°).untess�other law d�applies w tH�Fuads �
<br /> ,��-,.-;_�_ ;=.:?. �`.
<br /> <.,°- sets�a 2esser ams�nt.If so. Ledder may.at a�►Y t�►ooltect aa0 hold Funds in aa amnvnt nat to exceed the tc�ser ammmt.
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<br /> ,`:,Y':.=�."`" �,r��:i. .��':
<br /> 'f • . 'd�nder may c.atimafe tIIe atu�uai of Fa�cds due on t�basia of caae�data aad reasonable esdmates of expenditiues of fimae .
<br /> f � Fscrow Items ar othezaise in acoo�dance with appt�abte law. ,s��.
<br /> `t ��: The F�mds shall be heZd in aa�fla i�rhose dePosits az+e iasa� b3►a fedetal agency, m�suumentalit5+, or entitY ;.��.
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<br /> � < '��",. �(i�uding t.�det,If I�der Is sQrl���an)or i�ang Fedesai�ane Loaa B�Ec.t,ender s�al1 aPP1Y���t°�� �
<br /> .`�_.e�,',f ,. , �_: �Bsccow Items.I.ender may net c�$e Bo:mwer for holding�d appty�s►g the Fuads.a�11Y anatyzmg the escrow accom�t;ar
<br /> `-"�._�:f;�`����' veaifyiag the Fscma Items,ualess i.�da pays B�+awer�oa ttte F�mds and app�ble law peimits y.ender to mabe s+scL ��.
<br /> � ''q-�- :,:_�, goAower to pay a aae-sime�rge fat an tndependeat�eal e�te tax repastia$�setvice -
<br /> � f Y''� " ?)!4 i,f 8 C�C.RaWCVC[r�C!II13SI lC�j1�I6
<br /> a �' `��„'Sy`��.. ����� �u.oqmnect�°n with t6is.toaz►. uatess ePPlicabte taw pmvtdes othera�ise. U�e.48 C�9•�fi$ �� Or . _.-
<br /> t . ' .��; app 1�p D 2 e t a w c�q�r�iaterest w be p�d.Leader shaU Aot be r+eqnired to gay Borrowec aay�t or�on the F�ad9. __
<br /> -:.. �.. ,'� �otrower aad I�det may ag�ia wiltin&..hawever.that�.�tezest sball be pald on the F�mds.Le�der sball�ve mi 18oiio�vee.
<br /> ,. ., . ; �� "- -
<br /> :'."`•;�:`, . ;-, .,. • wiffiout charge. �t aia�ai a000ueu�ng of tt�.�ds. shma�irS ca+edits and de�rits to the Faads and 8te ptupose foi��iic1�eacb --
<br /> Y' . i �3 �T�- ... -:
<br /> . ��.� _ debh w Wt Fuads a+as mad�.'itt�Fands azeg�ed as addit#onal secnrIry for all s�s serured by tbis Seautty Iasu+rmeat• _
<br /> r`r!��?�:`�'," If.ttte Ftmds held by I.endet�xoeed t�e'�ts P�w be hetd tsy appiicable taw.t�der ehall�ac�nt to 8orrawe� .',,. .
<br /> `'�i�`` � ''�-!�°. fQt'the e�ss 1�mGs in a000:da�s�arit�t$e ceqnir�a�aPPlk,able law.If the amauunt af the Fimds held by I�at a�►
<br /> ; � �r.
<br /> smd,In such case Hoaower j� _
<br /> �sr '� y}'� `���:`. dme is nat��t to pay t��Items whea due.I�der may so nodfY Bormwerf��I tt�defsdea�.y ia no more than
<br /> '"� ' , �, s�at1 Pay co Leadcr the��5►��IIP the de�cieney.Bosmwer sball ima�te ap . ' Z -
<br /> � a � � --
<br /> ' t�dve m�tY�ss.at LatETer's saole d�euon.
<br /> ,n�.:'; ,•���° �r�` �t� . i T p o n p a y m a a t I a f n II o f'a H s u m s s e c u l�l f+Y t h fi s 8 e�i t 9 Ins�ma�ent,:LeaAes st�ti prompttY re�ad to Basmcree anY : _ --
<br /> �''< < . �:':�::.'� _- -
<br /> . c,,,. .,.-. ���y I.atdes.I���+aiagraph 21.Lende�r aha�t aCqtsice or sell the PropenY,Leader.Prlor to the aexjuisttiCai.oi s a le " �_
<br /> �.;u�::;. :- ,�r,�':�;: .
<br /> � ��: sball 3zuads held by l�nder at t9�e'tims of acquistdan oz s a l e as a c re d it a g�d n s t t h e s u m s s e c u r P d 6 g '' . ___
<br /> :�t< -,__�a-�: oAthe�Propeety, �PZI►�►9 . _
<br /> ...� •,. •' -
<br /> .:� i ' this SeAtilty Ins�men�
<br /> , - _ � i 3.A�am�of Pbymeats.Ua�iea9 appl�cab2e laar pm�►Ide.s othec�vise.all payments reaelv�hy Le�der aad�t pa�grapbs_ �:.� ---
<br /> ec
<br /> . = i and 2 ehall be a�p3ied:ti�sb w anli P�D��S�dne under tite Noie;semnd,to�p�y�te,tppder Para�2 ---
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<br /> ,�h�t�,� �;�:,���: ' , third.to intec�.st dae:fowth,w priacipal dne:a�ad 1ast.w a�y.late cbazSes due�mder.tho Notc. � . .
<br /> �i�,:: r ' '.����9.$OIIDWCI 8t1�}�I 8�1�C�8S.5�T8r�+fiIIC9 8��0S�aflS�1Pi ZO QIB�l0�1CTl�t a'
<br /> "�`�s����°��''�:� � � ���y �a}n y�iy aveer��s Sewrfcy T�su+nm�ut.ffiW Iessehold payments Pr���+��Y.Bossower s�aU pay � � ---
<br />;�tiia�i,���>rit f�'�,, . —
<br /> �;�.��.�.�,..?.:,: ,.. - these obliganaas i�the mannecprovided ia�h 2.ar if notpa3dia that m�ner.Bormwer sl�all pay them ontimedi�ti,S►
<br /> '�!:�r� �::.;f.. � . ` W the petsos!oweA PdYmepi. ,�'�y
<br /> -_ ,�._ ..,. Bortower s1�6 ... tiunisb w Lendei atl aot3ces ofa�Ra�to be Paid ua�ec tWs gaQa�apb. ,
<br /> �,`;:�-�� �' ,�� � If Bomawer malces tRese paymeute d�eCttY,8�rrawer sbari.PrampttY ft�mish w Lender r�pffi evlden�in8 the paymeats+ ,
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<br /> Batrawer sball pramptty dise�rge.anY t#ea a�cb 1t��tY aver tDis Securtty� �,.A�q{,�t,,.♦t . � ..
<br /> �''�� the t��s a manaer aooeptabie to 1,e^�fer;N) g ,
<br /> r r ]: (��r$�� Vlr{Y 4'+aFM.YW il� • • _
<br /> ��;,��';r� � : wrh�g to the�aymeat oithe obligation se�ote�d by ' �. , -
<br /> ';:�.�:':;F��:`���;,' ' .by,a�r Qefeads ag�ase e�foraenaeat of ths lien ia.2ega1'��ince�,wl����.�'e�P��°��t0• ���::"'�`�
<br /> "�: -.�` . �.t,`� .enforcemert of dhe��ien;:or(c)secares&am a'tia hoIder of the�iiea au s�eat satisfactary co Lender subordluadng �.;, -
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<br /> ,F` �� n�` ` �is 5eeutltY Itssa�.If L�der d��a�2t a�+gart oY tt��ro�eriy is subyect w-a iien w�ic�may att�n p�riry ,
<br /> ,'��,r':'. ,�'x< this 3emrlty tnsaumcnt.l.e�der maY glve�orrurouer a nottoe identifylag the lieo.Borro�rer eha11 sadsfY tha tien artake one os� :.' . «},
<br /> ' ; "t�' m�e of the sctioas set fanh a'�ve witbin 10 days of the giving of netice. . - . ' - -
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