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<br /> � ~�" ` iAevocabIy g�ranm and canveys w the'Itiutee.in tcusL witb power of sale,the folWwing Qesc�'6ed prape�ty toc�d ia . „�
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<br /> a..,� . . L�� TOGEFi� WITH all tfte ialpsavemeats now ar heaeafLea ea�ed aA the psop�►. aad all easem�. � �.�` >
<br />'�, , � app�aaces and fixoares aaw ar he�eaR,er a part of the pmp�ty.Ai!ceplacemeats an�addidons shall also be qvea�d � .
<br /> °�` ' � by r�s Se�uiiry Instranaeat.All of the fame�aiag is refared m in dus Seccaity tnsocffice�t as the"Property." .
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<br /> � ' ,:. , .:� BORROVIIBtt COVENAN'[S that Bmrower is tawfi*u"!y seized of the es�re 6e,�by conveyed and has the�t to
<br /> - ..... ��°,i�:�� ".`�"� �ant and convey the Pcageaty�d that tHe Prog�ty is uaeacum6eaed,aECept far encam6raACes of recoid.Barrawea ..
<br /> '� • • , . . , aattants a�td will defe�d gea�ly the title to the Pmpear�y against a11 cla�s end demands.subject w any encx�mbr�ces `;;
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<br /> . Bormwer and Lende,r covenaat and agcee as foIIows: . � ''"'
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<br /> ;t�' l.�yment of Frfncipa2►Hnterat aad l.ate C�g�Boimwer shall pay whea due the prindpal o��d e�crest ��{
<br /> �' . � on,the Qel�teviQea�ced by We Note and late charges dne�the Nota _ � ",.��"`
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<br /> �.1V�onthtq Aayment ot Ta�s¢s,Insm�aace aad Other Cflargea.Bomawea shall inclade in each monthly payraent, ' ___
<br /> � .. � wgethec with the grircc�pa�and interest as set fos@�in the Note aad any Iate c�ges,a sam for(a)�,snd special : -_
<br /> =;;:: . . . ��sments tovied or w be tevied agemst the Pcopeaty,�D�o�a p�nettm or�rouna reacs on rne pmpary.2nd(c) ;;�
<br /> �• , �� .. ' . �aniums for iasmrat�ce recT�under pazagraph 4. In any year in whicb the I.ex�er mvst pay a mrntgage ins�..�nce . � ' `
<br /> • , pre�ium to the Secretary►of Housu►g and tTrban Developane�t("S�,ar m any year in which such pr�mium .
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<br />�'. ;� .' ° �:`� '.',, woula l�►e b�reqmred if Leaidca still h�'`�t�e Seauity Insavmem.ea,�monthlY PaY�t��inctude eN�r:(� . ' ��°''�f
<br /> �' � � � a sum far the�•val martgage insusance pr�inrn to be paid by I.endQa tn fhe Secxetary.or(ii)a m�..�ty ct�ge msteaA
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<br /> �;: - • ' of a mongage�sutance premiwn if this Seciuity Ins��aea�L is hedd by the Secret�y.in a reasonable.amo�mt w be � .
<br /> ''.`� ' � .. � Qeteamined by the Secretary. Bsceps for the monthiy c�ge by the Se�netacy.tbese iteans are call�d=''Esaew Ite�ns"and �'}
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<br /> . the sasns Daid W l�cudea are calted"Fscrow Funds." . . . �"
<br /> _ .' . . . Leander may.at any time.collect an�[rcld emoants for Bscrow Items in an aBBregate atn��f.not to exceeA tlte ..'� .
<br /> - ' maximum�a�t that may be required fcr�otrower's escxow accow►t ander the Real Estat,e Seuler�i Proced�es Act c_a - -
<br /> � . ' of 1974, 12 U.S.G.Section 2601 et seq.and implem�g regalatians,24 CFtt Pas!3500,as flreq msy be ame�ded • . .
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<br /> ' � ar disb�usemenis before the Bomnwea's y.ayments are ava�able�the account may not be based on amounts due�sr the
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