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<br /> � <T f �:� TOGH FNER Wt'fl�i ait�he impmvements aotv or heieat'ter e�ected oa the pmperty.aad all easemenu.aPP �.�
<br /> �_�:.",�`�`� �. � noa o:�e� a part of�he propeay. Ati replacesaeuts and additions sha11 also be �vered by this S�ulcy
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<br /> . •`�,i;� '::<.�,.,p. �i1tIICC�A�Ot thC I�0 O�D �S t�fCRCd fQ�th�9 S�NlItji It141fl1iliCrit 8!1 ttl� PCO�CRY• . .
<br /> , �:o BORitOW�R COYENANTS that Hotcower is tawiWly seised of ttte estate heceby coaveycd an4 ha4 tde right w graai aad �� ;,:
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<br /> ,. ..-�` , _�`°°° eoavey the Paapecty aad that sQe PmDeriY ia uaeac�mbered.e�cceP:far�ncumDramoes of eeoord. Bormwer warrants ans will � , :
<br />- "°'`��.'.::"; �;.:.t`� ade`tothe Rt�De�7►� �.,.�. _:
<br /> , defealt$eneraltY c�e " ainss aU claims�¢►d de�maads.eubjact co aay enwmbraaces at renozd. :,�.:,,,
<br /> '^�°'��":�;�":<:Y„ THIS SECURPtY 1N514tUMEDt7'oombines aniform cavenaata for natimial use anQ ann-uaitorm wvenants with limIttd �.:�r<_
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<br /> -�:�- . = .':�.`t � �ratia�ons by jurisdiction to const�wte a uaiform securiry ias[sument oovering ceal P�A�Y• � ''
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<br /> :�.�`'.,p� .` LiNffORM COYENANTS.Boitower and Lender wvenaat aad agc�as follow� ';�,.4�:
<br /> f'- ``� `` �c��� i. paymeit oY Prtasipal an� lnt�est: PrepariQeut aad Lete�arg�. Borrower sLall pmmpiiy pay when due the >:
<br /> ,,�"��'' p�ipal of and iaterest on the debt evideaced by�tbe Note aad aaY P�FaYment aztd laue diarge�due uuder tht AWte. � t-:
<br /> ��'`� 2.Faads[or Taxes ead Icsmanee.Subjec[w�plicable taa+or to a arittea w�ver by leader. Bormwer shaU paY cu a:
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<br /> '�•;�°,. :•�: i •��< �oa the day momhiy paymeats are dne qader the Note.�til the Nau is pak!in fnU.a sum("Funds')for.(a)year � 'x`�,-'
<br /> £ rt ;;y ayme over this S�+Iast�ment as a lien oa the FioPe�c}►:(b)Year1Y leasehold paymeacs `< �;
<br /> ���a'���`�°n� ttaod iasaraace premi�s. �`
<br /> '� " ��r:*i� or�ouad reats on the ptopesty.if any;(a)yearlY Haaatd or prapeity ins�naaoe pr�miums:(�YeaziY °
<br /> .. ��.1 if aa�+:(e3 Y�Y��e�Psemioms.if a�r;aa�(fl�Y te b Bomnwer w LeaQer,ia acxordance wit3► �,� `�`
<br /> < < s �;. sa�FdYal, y `e ,
<br /> �,- ` �'"� the pm�ioas of pacagraDh 8,in�ieu of the paYmeat of mongage insuraace pne�ms.'Ibese items are caile8`Fscrow hems.' -'
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<br /> °���', �r f� �B!IC3S/� 8t ffiy[W18�CO�[$��10�F�dS 3II 8A 2fIIO11ItI IIOL LO C7fC���2II101IIl1 8 iCCaCi fOI 8 fEdCl�l}! t r
<br /> , �_ _.;�'....,c`.T: ' se]atqd mortgage toaa may�g,aice for Boimwer's escrow account aader the federal Reai Est�e S�tlement Pioce�es Asx of r�
<br /> y • � �,�'; 1974 as amended L'com time to time. 1Z U.S.C.Seaioa 26a1 et seq.( RFSPA7.valess�atlter law that agplies to the Fuuds � .�
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<br /> .;,Y:<.��..�_;`.:�`,�_^-;-;R sets e Icsser amoRUt. ff so.Le[[det may.2U�y tim�collet,t aaA hold Funds m�u a�moimi noi W exceal the l�er amotm� ,,,�,;
<br /> af ea�ditm�es af funue �'`�~� -
<br /> ' `-, �.,. • i,eoder may estimate the amowat of Ftmds dne on the basis of curreat data and seasoaable� � .� �_:`x
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<br /> . f< p{:•� .�jQW Items or othera►ise i�asxordaaee with appticable 1aw. • . . ��-
<br /> Th� F�sds shaU be�ld in an iustitution w�deposits ac� ingu�ed by a federal agency, iasuumentaiitY. or entity e .
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<br /> � r �� fiscaow Ite�¢.��eader�aY uoZ dsacge 1�'awer for hOld'uig aad�Fi�ng the Funds+annuaUy ��V
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<br /> ( �. r ,r�;,,5�. , :.'V�g thB FSCi6w ItQ�4.tIII�C34 I�1jlaYS BOilOW2!III[C�t QIYi I�[e�1TIl�s SIld S�r1C$b1C�8i7 QCJIIIltB I�dBf t�1�2kf�S�
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<br /> „ }�j�y': ' �. , �cbuge.Howevet.L��Y���a tO Qa1+a oae�cbarge for aa aad�dent ieal estate t�c zepottmg seevic+e
<br /> '��' .:�, _ �$.�� te law ravides.�e. Unless aa agieeiQeut is made or • �
<br /> fi .__ 1.J�.al._ , �... . . �._�.�y.lradec iu,v�n whh this loaa. tmless aPPU� P .
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<br /> � • �= ���.,:Y,,: 8oiiower aay Inter�t nr qtai�gs an the Faads.
<br /> `,.:�;��_•y-a� „r•. •` �spllcable iaw re�uices ibtetest to be ga�d.L;ender sLall not be s�sed to pay _ _-_
<br /> . Lenda
<br /> . ,�.:, }'! % •' . m "however,tbat uuer�st sball be paid.on the Fuads.Lender shall give w Bonower,
<br /> �.."�.7.;�.,��;', $o�arer a�d I�cuder ma}►agsee� animg, --
<br /> '`��;:?;`.":;,;, ;s'� ? � ..�rithout et�tg�*��aual araomuiag of the Fmids,showin�eredits'ami debits io the Funds aad the puipose for whic4:e��. _ -
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<br /> r�� �•�;` f.�t to ihe Funds was made-The Fuads aze Pled8e�1.s�c�onat security for aU sums se�+ed by this S�►�asaame�: . -
<br /> f-�}.'�,` . .,- If a�e Fimas t►ew�by I.eaaer exseea the amo�ts�cced ta ae�etd by appr�ab2c law,Leaae:s6an a��.Bo�mwer
<br /> ,° .V � ; ' �� .�;"'�fos the excess Faads ia accord�pce with the sequirem�ts of appincz'�l,e law.If the amow�t of she�aads he4�i.�y�Leqder ai alty . , -_
<br /> ..�,: •
<br /> :,�ij . , ` time is aat suf&ciea:to pa�the Facrow Itews wben dne.I.ender mayc�p no�ifY Borcower ia v�$.an4 ia�s�'ch ease Bormcv�r ' �.�,.;.,
<br /> �-. � �.�� .
<br /> - . ,-;-� '- shali P8Y w Leader the amomat uece�arY w make uP the deheiency. �airower shali faake ug�eiie defcieaey►�in no mor�i1�an
<br /> .,.. '� �T-
<br /> �., � � �k,.��tr'��' � tovelve monthlyyayqieat�.at L�nder's sole�don. u refimd w Sonower aony �.»
<br /> ' :�,�; UPpn PaYment ia fiilt of all snms s�by thia Seauitj►lnsu�t,Lemder sfsatl PmmP Y '
<br /> � _. _ , p�ds�held by I.ender.If.uuder paragraPh 2t.Lender shail mcqu3re or sell the P�peny,Lender.Prtor w the acqnisitioa or sale. . ----
<br /> . ,. � ��of the Pragerty�shati apPly e�Y Fuads held by Lender at the dme ot aa�ishton or sate as a c�edit agaias�the s�s se�d by --
<br /> .. `_::�;?;": �;'�;`:. . .
<br /> .��,;-•':`:.�;' .;�;.,. : this^aEeutlry Inst�ent• � , --
<br /> -r.:.� �`�:,:':;.. , �.Agpl�oation bf Peymemts.Ual�applicaDle 1aw provldes utheiv�ise.aU payments srr�ived by Lender rmdes paiagrapbs
<br /> :t: � " � 1 and 2 BhaU be appHed•first,to�+Y D�P�����er tne Not�seeond.w amouats payab2e undet p�agraph Z; ,
<br /> `s"�"° ; ' tbW.to Ia�eresc du�fau�.to prtactpal due:and 1�.co aay late cbarges dne uader.Sie Note. � . . _
<br /> - �`'�, • all tax�.a�ts. �nes aa0 impos�iops audb�rable ta the Prapaty -�
<br /> .�'`- � . � . 4.C�argea:�deas.Bo:rower shaUt pay �$�
<br /> _;�:;:. y:.. w��y�pri . �ver shis Se�itY lnsoiument.aa4 teaseho2d payments or�rouud r�ents,�f an}r.�Borrowes shall pay
<br /> �' � ` � tb�se ob}igat�aas�in�1ie�r pro�di�in D��Pb 2.or if aot ga�d fn tl�ac maaaer,Bumoaer shaU pay them on rime dir�lY � ;.�
<br /> °:.-""'."'�• yo the Derssan oarrA paymea�Boitower sbaU psomDtti►fiunisL to LeQder a11 aade�s oP amatmts to be paid uader tbls patsgrapb. ��� . -.-- -
<br /> _ • er .
<br /> � `'� � If 8ormwer�uakes these paymeats d�t1Y•$otmwer stiall pmmptty�taisb to Lender s�ts evldenciu8�PaY��• • ,- _
<br /> ���'�` � �Boir4wecsha1101'amPt3Y��Y��en wLic3�has prtoshy aver this Seauity Iastratneat imless$ormwer:ta)ag�s.in� . .
<br /> �y.,. �,`' . to the pay,ment ot the obUgat�oa secuneA by the lim in a maaaea aooeprable to Leader;(b).aoates�s in gaod�aitA the liea _
<br /> '' � 6ywrlttttur�aefeada�eaforc�e�of'�e�tiea is�.t�.P�a�i�in me L�der's opi�on operate w pnwe�a the . ----
<br /> ,•;,�'+Y"t,'*. "�_' .
<br /> "�'�=�'�:.. .: '' ' enforoement of the tien:or(c}secutes fmm the hatder ot the liea'an ag�r�em�[�arY w Leuder subotdiaadag thG IIen ta .
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<br /> _���-��-��:'�. :. .. � � this S�dty�Inswmetu.If Leader d�ermiaea that anY Pan of the Frap�tty is suDJea to a liea wbid�.m�y+attain Prior�ry over � :
<br /> ���,.�'..�' '...!" '��'Y�' � this Se�arity iasauwent.Lendec maY give Boaoa►er a aarlae idec`dfy►1a8 the lie�.Banower shaU sacisfy the lien ar take oae or' . ____
<br /> r��:(..�(f .-G:.� 07�. . . . • .
<br /> .. :,.�; �imre of the acdoas set fosth above arttt�10 days of the gtvin$
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