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<br /> � � � 'i�OtiEt7�IEit WPFH all the impmvem�now oz bec�ea�ter e�d on the pmpeity.aad aU eagements,appuiteaaaoes.an� =:
<br /> f r� .� :„�`�..r. _ � nasv ar Qereafter a p� oY the pmpeaj►. A11 replacemenrs and addidnns s6all also be movered by thLg S�r �;::
<br /> `' ^ r�f; 3 `" . Ia�t.AIl of the fotegniqg is t�fPared io iD tWs�Y�as the`Fmperty' _:.,:
<br /> , �° '` Bo�ow�x eovav�rpcs�nu aoaower�ta�►�,ux�a ot�e�a�►oon�►ea�a��r�gat w�u�na
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<br /> � s � for encvmbranees of cecord.Botrower asnan�s aad c�iU ��;;
<br /> � ;, ` �::;t<':- �nve�r tLg pmgcety and that the Fcape�ty is u�obe�'ed.exoep�
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<br />-�`�::�.:.,;�,� , ,..x � defead geaetalty the tiue m the Ptogerty againss aIt ctaims aaQ demanda.subject to aay�of n�o:d. . ..-::
<br /> � � tt � '_'a THIS SECiJRTi`Y INSTRt3MENT oambines w�iform cavenams Pos nattoaal u�e aad naa-unifasm oovenants witb timited � a4`,;
<br /> ` : � �.E x.,_.._- va�atians by jntiadic�don w consdtara a�mifoim secutity lusc�nmeat oove�ing r�f P1'aF�Y• .
<br /> 2 �:„� � _ :;: UNIFORM COVENANTS.Eoimwer aad L�tder a�ve�ant aad ag�ee as fatiaris: .
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<br /> .. , � .r � ` 1, p�ymeod of griat�a!and Int��P���.��'B�•Bortower shall PramPUS►PaY�� � ..'�_
<br /> ` and tace �due nader the Note. � `�..,`
<br /> = --��`".��.�:`-�;�-���° p�asl�al of and inter�t on the debt evide�ed by the Note and�y p�aymeat c�arg .<�,
<br /> � ���Y K r � Z.fiemds fos TesQS�d Insaeance.Snblest to appltcable 1aw or to a wrltt�araiver by Leader.Boao�¢�sball pay w : ° _
<br /> . T ° Y •Leoder.an the day mnnthly paym�tts ace das uad�r dte Nat�uadi the Note is paid ia full.a�m('Foadt"?for(a)yearlY t� , �
<br /> `� �`-1 � - �d assessmerita wbich may att�n grioriry over this SeaaIty insnument a9 a lim oa the Pcapeny;tb)Y�Y teas�old paymeats s
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<br /> ,; , �,...:.�.;. or�couna�on a�e�en�r.��►;(c)Y�Y��T P�P�Y�sma�oe psewiu�s:(d?Ye�IY Qood wsut�ee p�. -i,
<br /> < t." .` i{ar►y;(e?Y�Y��$e iasm�ttse Prem�ams►��Y;�d(��Y�P�B bY Bozcower to E.ender.in aernidaare wIm � �' ..
<br /> , •� .�`° ,�� ` the p:avis�um4 of pa:ag�apn s,in tieu ot t�e payrcaeat of m�rtgage msaraaoe p�s.rees�ioems aie wlted-Bscaow uea�s.• �J :-
<br /> r � ��t ID��/s aI 8i(j(tiIDBs OO1�C[2II���F1i�8�II 2A 8IDOIIRl I�T�O BEOEC$L�C�3Qi01IDt S ZE�C[f8I 8�P�I ;•
<br /> �� '� � ; �1: ' 12]3tEd�It$ag6�O�n18yi t8QU1TC�IOZ BOIlOWCi'8 CSCiOW 8Ct70F�t�Ei I�IC fCQC[8�RC2�FSG3�$Ctu�t�00dIIiC.4 ACi Of F =-
<br /> �t`� 1974 a�ameaded tmm dme to time. 12 U.S.C.Sectian 26ti1 et seq.("RFSPA�.tmtess�!aw tlrat applles to the Ftmds �-'�.3-
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<br /> ., .�r.-'� `=� szts a lesser aanuunt. If so. Leader may.at m►Y time.coltect�flold Funds iu aa amaunt not w euee��he Iesser arao�mt. ,
<br /> -._ i... :`- + Leader may esiimate the amo�mt of Fands dne on the basis of corrent dafa and�asombte�imates of e�of funue
<br /> :�;."_ _ 'f 4�;�"�'`' E�rxaw Items orodte�wtse ia aeoort�oewtth appllc�ble taw. ' _r-__
<br /> r '• �+`�' �416 FI�dB Sh1I1 bB'h6Id iII 3a i118dAUIoD whOSi.d�OSiiS 8Ie�by 8 fG�detal A$CIICy. ias�litY•'��Y -
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<br /> ;� '°��{` Cmcinding It�det.if I�is sar��#�taoion)or in aaag Fedeaal Home Lo�Ba�k.Leader s1�a11 appSy tbe Fm�ds ta pay the
<br /> "` ���.;.����: Escaow Items.t�eades.maq aot c�e Emrower far hols�g�d aPD�S�Funds.aattuaUY analyz�B the esaow a000unt,or. _
<br /> :'���' : � �.�,�: ver�fy►ing the Esaxow Itea�a.tmiess I�oder pays Boaawer v�st on tLe F�ds aad ag�Hcab2e Iaw perm�Leader to make sade =
<br /> � �,. � � '� � . a c7satge.�iawe+rer,Leader maY�Bflnawer co pap a�deazge fas an tadepea¢eat reat est8�tas ieporting� � ._
<br /> ' �:��� . u5ed ty Lead�sr ia �on wit8�this iaan. ualess•applicable latv yrovLdes oth�wtse. Unt�s ah ag�em� .
<br /> -- �:. ,.,: ; �� app]isafile iaw s+aqr�es�to be pai8.Lwder sbail m�t be cequited W pay Botsower aaY int�at oi eamin,gs on t�te Foads. —=
<br /> �,;'� .`" ., Bn�tmwer and Leuder maF a�in writimg,.�mas mtec�s�ii ix�aid ou�a Fumda.Le�d�r�2 giv��ocs B�, � . ___'
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<br /> �..�.. :.; ,�; �� .without cLa�an aa�aal apCn�inB of the FY�nda�s�¢�ug�sud d�its to�the Fan�s aad�P�se for wbich each
<br /> - :�`g�.�� . d'ebit w tfle Fiut�s was m�e.The i�ds ar�ptedged as��t�Y Pt:r�t sa��b;shis S�rity insmsme,nt. ._�_,
<br /> : ;.,��ti., .• �f the�n�s�rt�by Lend�exc�d the amnmus Qermitted w be held iry applirab2e taw.I�stej sLaII aaannt w�Son�wrs � _,
<br /> "���u far Qte'exeess Fnhda In a000idance w�itb the m�qnttem�ta ot applicabte law.If the armunt of t�a Famds held hs�Ier.�.ac�'., ` _
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<br /> - '`� '�"'��_�'- : . ��e 3s nat s�r��, t ytp,�PaY.ihe Escmw Items w�h}e�a d�,Le'n�dQer�may sop n,,otify Bo_a`a_'w'e�r ia aniting.a n d.i u s a c yh,�c�se 8ona`are,,r. . -_--
<br /> "�;_.-yY',�i":_✓_;�;�.x... . . _�._{t��-Y�4� Wq o+"�'t'+'�w„�`w..."I �WCK�i��4GL41A1 r�.�{IAQw.��tlli WGOV��Pi���"�f7;'��ii�� . . _----
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<br /> t�� "� ��` ' tlpv�paym�iu fori ot.all smns�bi►tLis.S�t�►tn��. �aaer shall promptiy.�efimd ta Boimwer aay• __
<br /> > '.I� ' FaaOs held by t.ender_I�nnder Fazag�Pb 21,L�det sba11 ac�qu�e or seU the PraDerty,Ixader.Prtor w the acq�dsttiaa ar s� ' , -
<br /> .':�:�;A:.•<:•�_{, of th�Propecty.shalt aPP13►aip►F�mds heId by Lendee at the time of acqaisitton or sale aa a credit a,�inst�he sums.s�.bq .
<br /> r�� thfis Se�iry ias���. . .�; , , , .
<br /> =f f �,� . 3.Applis�on af�e�ts.Uatess applIcable latv Di'ov4des othecwlse.al�Pajis�ata reoetyed b9 Leedei ti�det p�s.• � �
<br /> ���= • 2 aud 2 sliait i�appl�6�st.W aay�sepaymeat c�arges�te�da�e Nate:s000ud;to ama�ta payab2e�mder paragr8��.
<br /> ;�'��-',�� ' tt�,tomte�est dne;Pouttb.topxiadpal dna;aad last.w mry late chargesdae m�der the No'te. � • �' � � ,
<br /> �'.`" ,�',�[�` ;�,, �.t�mege�.Id�.BoncONei shall PaY aIi taxes►,�ss�:�+����o3s aitribtuable w the Rapeit�►.'
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<br /> �.,��Y�P�tY o�this Sect�!tastmmeal'.and Ieasehold p�a br groimd r�nta. iY�►Y-Bormwec sha�]1 FaY .
<br /> u;'T';Y:;�� > h�.os iY uot a3d in imat maaaer.Botrawes sball y�y t�aa on�mts�liy. ,
<br /> ����:-• . ,•t�ese obligattans in tliee ma�er p�mvtd�d ia Par�giaD p�
<br /> � ':`��r��.", � :to tha petaon aaed pay�ent.�r�uer s�al]pmmpt�Y�tlnaisb w Laades eD aotioes of amounts to be pa3d naQex this p�b. ,
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<br />—�:"''. �, : - � .� If Bosmwee makes these payments d�ecttY.Botmwer sbaU gmmptty 4iunisD w Leatder reottpts evldencla$the�aY�ts.,, .
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<br /> ';�:=YJ . ' $artower shall prompttY discLazge anY lIan ahlrh�bas piioYity ovetth�s Se�altY Ins�e W�Iess Bvsmmer:{a)Agre�esia. � -.
<br /> ��'`�'_��;L�:s anidag to the payment of the obli�don securad lry theli�in.a maaner axeptable to Leuder;(b)oonte.sta in gaod.faitlt Ste lieu . _
<br /> `-�..� , �..: —
<br /> ��^��;',rs�_. � by,a�defeads.aga�st eaf'oseemem oY the li�n ia.2ep10mc�dings whicL.in the Lend�'s opiaton ogerate to yievent Q�e ._
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<br /> ;,,�,:,;�;.�r'�;� � . • enforoement o!tlte Ilen:or(c)sec�,v f¢a�t�e ho2der of thc]ien az�ageement saHsfaaory ta t�crtder s�ai�aa�a$ . `--
<br /> . :'•i� tnfs S'�rlty Iastu�eat.If l.ender dec�that a�r part of the Piopeny ia subj�t to a l�ea'drh�c�may,atsain psiority a�er -_
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<br /> ° :%:.� :��:•• �r;. th�a SeauitY�ns�t.Lender may gi�'e Bosrawer a ao@oe identt�ying the llen.Barmwes sball satisi�r the tien vr take one or .. = .
<br /> �:`:;:'�•-;I � � ,.mase�f the ac�nns s�t fmth above witl�►i0 days oitbe giviag of apdae. , � . . _
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