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<br /> ,�,,�'� . ..�.�.:`. . ?OGEfHER WiTH all the impmvemeats aow or heieaRer�er�ted on the propercg.and all easea�eass.appnucenanoes.and t�,_
<br /> ,`•rt`.4��a Sxaue,q naw or heeeafter,a part of t�e PragertY. a11 reptaoemenrs�d ad�tioas shaU also be covereA by this Secudry ��:�;_
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<br />-- "°. .,:.�;:•�:`;���;. • BORROWER COVENAN'!'S tbat Bonawer is lawtully seLaed of the estate he�by c.�mreyed aad bas rhe rigln to gwnt and °ti .
<br /> : ..�L;i:�;'' comrey tt►�Property aad ihat�the Ptopeny►is uaeacambeced.exoept for enauabranoes of cecord.BoAOwer wairaats and will �_w°f<'
<br /> � � ;� k �:< de�e�d geaetatty the afle w the PmPeetY ag�tast eri dai�and de�ands.aubjax w eny eacumbrances of recerd. ,�st.:-
<br />_o�.•f�.,�._�:- �-`.: �SECiTlt�iY 1NS7RUMENT aambines�aifaim covenatns for national use aud non-w�ifo�ra cavenams w!M liiciced :.__
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<br /> � �� '` var�tobs by juiisdiaion to w�iatte a miifana a�auity Iflstntmectt aoveria8�PT�P�Y• � :
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<br /> �•. �'- '".` L `: UNlFORM COVENANTS.Honower aaQ l.en�er oovenaa4 and agree as follows: -
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<br /> + .::�• � : D.Psyment a�Ptindpal and Iatet�st; Prepa3'tnwrt and I�te Cdarges. Bonower shall pramptly pay when due the
<br /> � � priueipat of a�rutuest on t�e t3ebt c�d�ttxa!s}the Notc a�aoy prepaym�t and�ate chatges due under the Note. •� "�`
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<br />, �:_�::._.r..�{._.;: 2.F��for Taaces ead�as�auce.Snb,�st eo app]icabte law ur w a writte�waiver by Lender,Bermwer shall pay co �1
<br /> ��;:`- :.i--�;,.�,`�.��• Leadetoa Ehe tlay mo�tty payments ate dne�mdsr the Nate,tmdl the Alot�is paW in fuU.a s�m('Funds')for_(a)Year1Y taxes :.^F<,
<br /> �f.� �; �'' ' � and a�ts which may amia prForhy over this Seauiry insuuma4t�a li�on the Property:(b)YearlY leas�&otd payme�ss �= =
<br /> ° .,-,.z.s,;,:���, or gtouad reuts on tbe PmpertY.ii any:te)YeariY bazazd or PmpertY i�u�aaa�gremiu�s:(fi Yeaziy Qood iaswtaaee p��. �•:-
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<br /> <.:�,_�.',:=-�.-r., if�sy;(e�Yra�Y maRgage insmana preminmg.if aay:and(fl aay snms payaf►te bp�Bonocrer w Lmder.m s000sdanoe wtth
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<br />':`�;; :':`��;;:'`:;:_{ � tbe pmvLsicns of parag�pL 6,in lien oi the payment af mo;tgage iasuranoe pnmiam�s.'lhese items ar�celled'Esc�ow items.' �;,`
<br /> . .��.�� ..:. Ixader may�at aay time.wIIect and hold Ftmds Ia an amo�mt nnt to�tiu max�m ammint a lender�or a�edetalty .
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<br /> �-'�: %F• `�`� for Bosraarer's e�aa►acoount�mder the fedesal Real Fstare Setttmtent Ynnoedures Au of -=-
<br />"`.,=.=,�:-- :.Y:�� ceiazed mortgage loan may reqnire mt ---.-
<br /> �' ` �; 19T4 as amwded fram ame w time. 12 U.S.C.Secaon 260I er seq.('RESPA7,�less anather law that appiies to the Fimds, � -°
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<br /> -.�`� � aets a le�ser amooat.if s4.L$a�er may.at aay tu�.col�ect�d lssld Fimds in�am�wt nm w exceed the tesser�t. __
<br /> .,�,.�.,�t i�y:.:. �. Le�may eatimate the amo�of Fwids fi�e an the basis of am�►t data aad�easona b l e c�tirnites o f exp e u d itures o f f i m u e -_.-
<br /> �� 4i� .Fsctnw items o�z eth�vvlse in aaooNsnce widt app33cab2e law. . �"` -.
<br /> -.`� ����'� 11ie Fimd.s shail be he2d 'm au institaiian whose deposiu are insured by a fedenl agency. insuvmeasality, or enriry -
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<br /> =- ��¢ct�ng�l�t►der,if lender as,sudi an iasdiutlon3 or in aap Federai Home Loan Bank Le[td�r�skall appiy the Fimds w pay tfie �Y`-�°
<br /> yx` '` �� .. . EscroW Ite�s.I�ender m�y�s char�e�ormwer fOI holdin$and agplying the Fwtds,a�ualiy anaiy�g the escma�acoount,or �: -
<br /> �:�� ' verefgfng tbe Fscroov Ttems,uNess l.ead�I P�Barrower iare�esc an the F�mds aad applicable law pe�ts L.eadsr w maks svch �� =
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<br /> %� �'"`�-:;:�'�. Leader,rnaY recl�re Bbnvwer w Pay a one�time charge fot aa mdependeni reai esmte tax m�o�ng s�vice -_
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<br /> S� t :, as�by Leadei in cormeaian aith dsis tesan. aniess applirabte 1aw pmvides atherari�se. tTaless an agr�eme� is made or �-_�.:
<br /> ::.`:°=";; s�pi�Cable Iaar iequires iuzerest to be paiQ.�e�der shall uor�e reqvised to pay Bom�wez a�r i�t or ea�in�on the flm8s.�. ,` =---
<br />-���;�y"._;;.�,,:<<:'��{�. ` Sonowes aad�.eader may agiee m wrhiag,however,chac iates�st shalt 6e paid on the Fands: Lcadet sball.gri�w Botrawer,. _
<br />-::��;:r-.-°'`:�- wlQtvat e�arg.�aa aaaaai accounting of dte Fands, shoavnag�aad debits w tlte Fw�s and tbe ptupesse far wLirh earh� � _
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<br /> ;;'+°'•';'��.":, =�. . . � debit w�e�`s was made.The Funda�e•Pledged as ad�itioaai securIry for aU saias s�car�d by this Sec:tuiry inst�t. . . , -
<br /> .- `.r,Y=` :;':�*" �.:,�t Ss��s hetd by Lender exceed ttse ama�ss permiaed co 6e hetd by appi�cabte laar,Leader aLa12 acco�mt to Bomuarer --
<br /> ��3 �'�. • fc�;�?ee��unds ia aoc�alamce with rhe nequiremeats of appSlcable law.If the aiaonac of tlte Fands'held by Lender at any _--
<br /> '�'�� �' :�,��� t�is at�ot sdi�ci�nt w p��.Escraw Items when due,L�ender may so notify Borrower in v�trit�g,and,ia sacD casr Boirower� __-
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<br /> .:,...�::j - . s1iaU�ay'��er the�amamm�ecc%saiy►to mage up the�defcIency.Bozmwer sha11 make up she.���Y ia no moie t�ut�: _- -
<br /> f, .� f r _ careZve m�ta�,��Oayments�at L•e�der's sole discm,tiou. . .:, _-_
<br /> , �� Upon pa3�meut in tiill of aU s�ats:a�sed bY tNs Seauhy Iaaawuem, Lendear sball g�eiYqpt�y refimd m Barrower a�j,*.
<br /> ,"'• . Ftmd3 held hy L�eAder.�f,aades par�2I.IxuGsr shall aeq�ire or sell thr Pmpeny, L�tder.Prfor tb the acquisitian'os�aie --.-.
<br /> -- '�:;',;; � _ � of tfie Propeity:sha]I aPP�Y�Y Funds lield by Lender ac the ti�e of soqs�sitIon or sate as a ccedlt agaiasc We sa�secured hq �
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<br /> ' ` . � 3.AppUrattPn ot P$ytneats.Untess�•�pl�cable laa provides othe�wise,atl payments seceived hy Lender imder paragtaphs. .
<br /> ��_�� .�. 1�d 2 sba11 be applled:�st.w any gr,��ayiuwi cl�ges dne uader me Ieto�e:s�oad.to amounts payebte�mdet paragra��:.
<br /> '-Y=-�`�`�'�-_ — � thi�d.to�nterest dne;fuurth,to Prias�pa3�due:ffitd last.to any late diarges due uader the Note. � .
<br /> - :�Cliaege�;Lleos.So�?ret sLa1J pay a31 taxes.a�ts,�ar8es.fines aad�mDosltio�a�tlbwable.to the�P�Y -.
<br /> _-'��,. � �icb maY�a�ir!PsI 'G�'4�A�,.S��3+���a�!teasehold paymeats or gt+onad reats.if auy.Bo:mwer'ahali pay � '}
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<br /> ' '=r,�� �e oblig�a�s iu tt��'Ait►vid�d im�azagraph 2.or if arn paid.in tbat manner,Hoimwer ahaII paSr them an iinae dir�t�! ,.
<br /> •-� u' r4����DaY�•.$������D�y�isb ta Lender ail nodces of amounta w be pa�d unQer�his para�apl�;� . -
<br /> -� ' .,;,���aztaaver�fke�these payments di��,'.�oimwer sbaTf piompujr fiunis]i to LenQer reoeipta evi�neing ihe p8ym�t�s �`�,t� ..
<br /> 'j��< '� �` Bo�rower sLaU promP�Y���8e�Y lien wh�icls bas pr�oriry over chis Seauity�ns�nt tm�ess Bormwgr:(a)agrees ia �
<br /> .'� c • .Wiitiag 4o il�e pay�ent of the obliga�oa s�xe�bl►th�7iea in a maaner ecceptable to i,edder::tb)�cantests ia��ad faitL the liea .
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<br /> "�'�_�� � . � by. or defeads ag�imsc enforc�of�:tiea ia; H� yno�d'iASs wl�ich in the Leadee's�ion epet�id.prevens the • -
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<br /> � �,, eafosoenr�t o�the li�n:ot(c)sec�es f�tbe hatd�i of the ti�an�geemem satisfacta�!co.�ei snbordi{�rodag the lie¢'.to�
<br /> '� ' � tbis Sauriry tnsaumem.If Leader d�s thim atsy,part of the Fropercy is snbjp�t tn a i��may►a'.u�u.,griorixY ct er'. �
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<br /> •t: � �:- :. tWs Sc�ty Insaument,L�n��r maY gege Bosower a aot�ce iden' the 1ien:'�os�cswCt shall the i��at take��or. .
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