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<br /> � Y>. � 5xuues naw or he� a IIart, of tbe prope�ty. Ail tepfaaemeats and additions slrall also be oovered by this Seavity -
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<br /> _'.�-'°--:e:�` I�.A!�o€tlie for�gomg is c+efem�!to iu t6ic Seauiry In�t as the"P�geny.' .
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<br />.:;":,��;�._";-•°,=" BORRO��VENANTS ttiat Bormw�is 1aw5illy se�sed of tlte esiate 6ereby oonveyed and trsc the ri�et to gra�mid _
<br /> .T . : �,.. convey the pmpe�ty ttuQ thai the P�uperty is ane9ua�se[ed.exoept for�of�ord. Borrower aranants aab R+ilt =
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<br /> t="" '`` , dd�d�lty the title ro!he Ptvpetty�ainst all ctaims asd d�tds.suhlect w asry�ces of tecord. . =
<br /> _.�- • .�. "�.: THYS 5$CUltTfY INSl'RUNfENT aom6mes amfoim mveoaau for natior�al ase aud aon-unitbtm oovenanss with luniood -
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<br /> `":�� �"a�� �._L • variatioas by.j�nn to oaaiat�e a uaifazm se�urity�rt oovamg real propeitY• , _
<br /> ,'.r*-*;=:;,�t.rL•,_;; UNjFORN!�VENAN�'S.Botmc�er aad�oavwant and ag�ee as fotioars: � -
<br />- -- -�-''�-' !.Pgym�t of Ptiuc�p�l aad Ia� PeepaYm�t�d 1.ate�m�.Bo�vet�rell P�P�Y PaY��dae ttte =
<br /> ��;,,� prinapal of at�int�est on the debt evideaced by the Notc�d mry p�paymeat a�d fate draTges dae ander tl�e Niote. _
<br /> �:���"x�,_;k''':�� 2.�ads tor'Faa�s mm�Instu�aao�Subj.e�at m agplicab2e!aw ot to a writte�waiver bp Laader.�ver simtS pa�y w _
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<br /> = La�der on the daY�Y PaY�are�se uader the Note.tmW dte Note is�d in fW1.a siuu('Funds�)far.fay�Y�
<br /> _ " , an@ a�t�s w�idt p�aY�Pno�Y over tdis 5ecuriry Iasu[�meat as a li�an the ERuperty N)Y�Y����PaY�� =
<br />-:�;.,`-�,�,�`�.�;�-� or granud�ats oa the Pcope�ty,if atiy;(c?Y�Y�or piopaty icsmanoe gnmiums:(d�Y�Y��P� _
<br /> .-}, 4. �, . - �ff any:te)yearlY.martgage ias�ce pc�miams,if any;aad(�asY�ms Payable isy BorioWer w Ieadrr.ia aobQr�a with '
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<br />' �q='., �`-';° ,(�`'` • the pmvisioas of�h 8.in,t�eu of tLe payment of�wz��oe premiauu.7i�ese iums are caifed°Escraw[t�s." _
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<br /> .;��`�...,:a,'�"�� ' I�er ma!'= at.anY�caItett and teo�d Fue�d's ia�u a�oaat aot to exoeea the max�wn amnnat a te�d�for a federaily _
<br /> ,o �� n; r� .�loas�t�fat Bar�.,.'°�s es�ate�!uadec sl�f�2!ReaE E�ie S�ule�eit►P�ac�Act<►f _
<br /> ,,;4�-:Y ,:; . 1974�s'a�ntended f�mutims a*o,�ti,m�e:l2 iT.S.C.�ion M2'�t er�se�y.-.("It�+FSP�A�'.aatesg aa�iaa'v that app&es to the Fu�s �
<br /> -�. 4h-z�� . �$��Q�ll�t iRiILLG[�r ffi��M��-W4�i'WLLL7.'m��i1V�s�W�.��-� . ,< •
<br /> '--'°-'`' -°`-�� i�nder may estimaze the�wat of Fu�s d`ae oz�ihe basis of�data arid�onab2e�of ai�!'sta�of fut�
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<br /> ?.�'�,;�..':?';� F.SC[pYl I�EalS OI O1hEdYRSE 1tI�WlfTl 8�}FC�1�G 13Gfi
<br /> -;�`'-." . 'fT�e Facd3 s�iil be bstd in aa msdmtion cvhose deposIts�re.�iasv�d bY a federai ag�ry,ia��•or entit9
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<br /> _:� �-,��e: (�in8 L�de�,if Leader is sadi mi n�ution)vr in anyr Fedeial t3�nse Laan Baak.Leader�aD appiy 8te Fu�ncl,s to pay the .
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<br /> _ _ = Eseioa Rems,Lendet inay R��Bomawer far Imld'ug ar�aPPh►�g tbe Famd�a�ity.�raiy�gttr�escmar asc�uns.Ar .
<br /> - •2,�.t` f�fyiag the Fscraw Items,dutesq d.eader pays Bar�uwer iatesest oa the Fm�ds awd applisab2e 1aw.permits Leuder to make�ch , -
<br /> ':e:;�-x'� • a cbarge.�iowever,i�aade�saay reqaire Bor�uwe�to�y a une�mte r�azge far`an iAd�ceal estate ta�c reporting serviee ,.
<br /> _ . ose�l hy I.�der u►oom�xton�ffi tius�oau, �I�a a�lioanfe�taa►pmWaes othe,wis�. vatess aa a�o� is made or ,
<br /> - `:;��•y,.. ... . �a,�p{ipWe!aw rec;�oute.s tat�esew be�d.,I�der st�U not be teq�Or+ad to"pay Bo�r+awer�►Y�os�amings on the Fands. ._
<br /> �� � `.":'. ����� 8msnwer�d,�dea mag �a�in writing.6u�eveG th��t stiall-6e paid C¢tt�e Fip�ids:i.eade�shalI gtve to 8ostowex;
<br /> �' . wit6oat d�an�mqai a000►mtip8 of the Fun�,showiag cevdits aad debit's to ti�F.uQds aad the puipo�e�for wbicb eadt . .
<br /> `� de6it W the F�ds was mad�.'fiie Funds a:+e pt�dged as�seandt3►fnr a!1 sntt�sea�by tT�R Sac�r�ty I�t-
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<br /> ;�-,�-.;'�,:�. If the Fuads h�d by Leader eape�the aiaouarts.pe�itted to be heId by�ppltcabte law.Lender s�tall aocanat to Eorrowes'
<br />,`�����:';_%°'� - • for the eaoess Fuads in aooa:danoc with 8t�teqtdi�s af atppl�ra6te iaw.ff t6e�ataouut af tise f�um�s heid by�ai aaR
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<br /> :�`:.�::,,:y- - ' t�me is c�ot s6ff cteat to pay tne Escmw Items whe�due,LaiWer rpay so uo7�y Homnweria ivtiting.astd,�sacb case$ormWer . .
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<br /> - 'shall pay W Leader the aaiount neoessary to make up the defs�eney►.Borrower s1ia11�.ap tt�de8d�cy i�po tnot�t6an
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<br /> �:t�,._. �t+�eive mflntl�he vavme�i4.at I�uder's sa�te disceetion. ` . .
<br />--�=�.,4' ::;; t ` . .Ut�n PaY�at m fu11 of eU sums s�onod bY this Secauit3►Ynsaar�t, Lend�shatt pm�PdY�=efund to Saaowc�aa1► ..
<br />=�.�,�, � Fuaaa Letd by Leader:I��mder patag�aph 21.iaadr,r sbal!Bcquite ar s�l il�P►op�ty.L�ender,�Prios m tlse aoquisItidn or sa[e. �.. .
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<br />--�-�-,,,;.�::T ' of t6e Proparty.svaU�pIy,any.Faad4 held by Lender at the time of�q�sttion or.saZe,as a axedit a�iau tt�ee ss�s s�d lry
<br /> '�.g� . tdia Ser�uItp Ia�ament. . •� . '
<br /> r ;f: �. . 3.Ap��Ioa of P�ymtat�Unless appltcabte layv provtdes`othetwise.aii paymmts rece3ved by Leadear uaQer�paeagr�pbs
<br /> ----=,�i.� � .Y mad 2 shall be appl�ed:S�st,w aQ►Y PlepaYa�t�es dae wider the Not�seoond.w atnoums gaya6te aader p�a��aph Z; �
<br /> :--�}��, . thizd.to iate�rat dne;&nuth.to pnnapal dae:and�tast,W any late chatgns dn�under the�Tote. . ` .
<br /> _ - 4.G�Ide�.Barmwer shaU.pay all taxes.assessme�s.charges•f�,s ead ina�sidoas attributah2e to the�
<br /> _�--�_ . - a�ch inay�attain priotityr over tbis'Se�airity It�t,an�l leas�ho2d�aym�s os g�onnd:rents.if mty.Barracvet. Y�Y - ,
<br /> _"_��,.�-�• : tice�aDl�gat�oas in the manmer pmvlQed ia paragrapl�2.or if nat gaid ia that maaaes.8oriowes sba}1 pay them on tbmo di�ectty .
<br /> --_-�— °�o ihe pe�so�r owe�paymat►�Bonoaes sralt pmmptty fumisb to�ter atl nac�oea o�emouufs to be paid under Wis pa�age,aplf. .. ,
<br /> --;�;� �If 8omuwer makea thae payments direaty:Barr�swer sha1)PmmpttY flunish to Leddee reoetpta evldc�dng�e paymeatf,: �
<br /> -__.�'�''-� � � . . Bonuwc,r a�lt pm�tty disc�arge an9l�en ahieb ha9 priotItY.4vet this Serurlty�em yn�es�Banower.(a?ag�es ii►
<br /> _r_ -�-�"� .' wniting to the.paqmeat of the abll�se�d bY the�ien in a mm�a acoep7able to L�der;�N1 oame,sts in good faith tha liea, �
<br /> �,�,� by�a:�efends.against�nforac�eira of dte ltea ia.�le�af P�oeediABs w�cb in ti�e L�cndePs.opin�on ogerate to pievran the .
<br /> -_�p;;.,:�� . � e�ifo�t af the Hen:or(c)secute.v fmm the boIdei oithe lieri an a�reem�t safisfactory fo Ieader subomdinadng tho lien to.
<br /> ,:--� . . 1h�Sewrky Insumatem.If L�der Qetermines that a�ry yart of the Pmpeety is sabj�t to a tien wtiich may attain prIority ove.r .
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