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<br /> .�, �«� 7�3bTt�Ei WITH all the impmvemwts aow or h�r e�on the prage�ty,and aIl tds�n��c�es.,2nd � �
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<br /> . �es n�v ar ke�eafter a pait of�e prppany.Af1 repT�mmd addi�a�ns st�aiso 6e ooveae0 by dus Sec�ry Inmument � .
<br /> ` "'. �., ADof thefv�gqmgisref�ced t4 in thisSe�mity Insrtmaeutasthe'�ca�ty." . .
<br /> "� �� � ''�� BORttOWSEt COVENANTS t6a3 Ba�mv�er)s tawfally se�!of dtie estaL�he�eby aonveyed and has tIle dgDt W grai►t end
<br /> convey the�Pmpec�r aaa fl�at the Rvpeny is uneucum��,��for�ena�nbsanr,es of re�d.Suaow�waaants�d w�l �
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<br /> -� defCU��ly tIIe�tD tII�1'topesty apimsi an ciaims aua�n.�}�x ivimjr�vi.an,ai#. r
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<br /> �.•_-`-, �_ 1T�S SECURTI'�'1N�UMHIV'1'W1Abi�+es m�ffa�m COY?aaIIb for aaEi0Da1 uSe 8IId n0u-tmifQml COvP�affiif5 a+ith I�ifed
<br /> 7: - vaciatiosbs m cansfisute a itaiforas se�auiry instntme,nt cav�g�e a l p r o p e a t y. �(_ _
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<br /> ' . , [JNIlaOitM COVBNANTS.Bm:owei and I�der'cavenantead agtee as foltow� .
<br /> ` . 1,Pa�meat of Y'sindpal sud Iutere��epapmeat aa�Late Cbarge9. Bonower shalt promP�Y PaY when du+� the
<br /> � . :.�.� �of�ttd iutareston th�deblcvideatredby the Nate aad�y p�epaym�t and late cLarges dne nn$ei theNote. . E `
<br /> . . � Z.Bloatis Sor T�s e�Yn�rana� 5ab��applicable!aw os w a vr�ittea waivea by I�drr,Baaowea sbaD gay to _
<br /> ��,� Le�dear an d�e day manthiy paytaenis are dne tmdez ihe No�,m�t the Note is paid m faB,a smm("Fands"3 f�f$)Y�Y� ``
<br /> .,. . ° 4` ,` �d assr�ma�s which maq aiffiin priarit}►ovea this S�aritjf lnsuirmeui ag a lie�on the P�agaty,(b)Ye�iS►I�sed�Old paym�ts �-
<br />_ •``� �~<< '.' °� ' az gcouad re�ntta on the Ftopaty.af anY:(�)Y�Y h��P�F�Y��P�i�Yearly t�od��+F**^°,if � �,'
<br /> _ �` if and sums �e D Borrow�m L�tdet,ia acoaadanse witb We
<br /> ,: ,� _'$ �Y:(e)Y�Y�e�ance p�mi'uma. enY+ (��►Y P� Y , .
<br /> `. : `.��:^ : Y;'.� Pmvisions of paiagRapb 8,in tien of the paymeat af m�tgage ms�aace g�iinms.Tkese iL�ms are caIIed"Fsccow Icems."
<br /> .':��� � �.; I.ea�dea may.�i suy time�wltect and ho1�Fands m an a�aunt nat to ea�ceed the urmrimum amn�ta 1e�de$far a fedaaIIy�
<br /> � :; �'? marf�ge Io�may req�c�far Bonocv�'s esemw aceomnt qndca the fedeaal Real Es�Seuleme�t Pme�dor�s Act of 1974 as
<br />-__=_-=-;-�==� a�fc�m t¢n�m time.l2 U.S�.Se��sina 260!et seq. {°RESPA"?,anless aaaii�er.Iaw tbai applies tn the Funds sets a Ie.ssar .
<br /> ' - amo�t�f so.Leadat may,ai any time.oaIIea and hold Fnads m�ama�t ewt tm exce�d the tesser ammmt I�eadea may � -
<br /> _ �., �-�'"'`� estimare Qte amaunt af Fmids due an the bads of caaent da�a and�easo�ble esmn�es a�a�rehdivae�of fahue Esczow I�ms or
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<br />_ � , .:;;.; othe�viseiri�ce with�pgliwble 12w . . . .
<br /> . . 1He F�s shall 3se 6eld'm on iasriartian wlwse depus�ts are�by a fe�►eaal agee�ccy.instcamea�itY.or eati�►f�g - ��
<br />= . -. . Le,nQ�.if Lead�is s�an imgdmtion)�ar in any Fet�al Home I.oan Ban�.I�dea st�I1 appSy the Fans9s to pay the Fsccow. �`.-.
<br /> . �':�:.. �`�.��,r.�# � Ite�s.l.e�ter maY noi cl�arge Bmmwer for hQldln�m�aPPlying the Fimds.annuaIIy anatyzing�e escmw aocu�mL or vecifya�g '
<br /> r.,� . tfle Fsc�aw It�s.anl�ss I.endea pays Barmw�tntes�st on the F�ds and�applicable Iaw pe,rmits Latd�to ma1�such a cLmrge..
<br /> • ,. ' ,�� . Hmvevea.I�endea maY�ci�e Bmrm�*a to pay a one-dme ch�e far an iadependent real estaze Im�r�paat�cg savice ased bp -
<br /> .�``.. `�° Latd�r in aonn�wuh thig toan.anless aP➢���+Fmvides othenvise.Untess an ent is maGe ar Iaw �
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<br /> `. • ." ,�+. �,,���, re�c�reg Int�st to 6e pa?d.Latder shali not be m�.�ed to pay Boaowea may int�est or eamings on 4te�and�Barmwes and �-
<br /> , ' �;��t Le�d�r may agree in v�-ci�g,howevea.thffi iatra�t simII be q�id on the Fm�ds Eradex sLaA give to$onow�,whhoat cbar�e,aa ' . ` -
<br /> � annual axoanting af s�L'-uads.showmg c�edits and deb�ss tn fhe Faads an6�e pu=gose fur atdc6 each�m the Fands was �.
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<br /> , � � f mad�,'Ef��aads�ae p�edged as additional security for all s1mm�sa��0 bY�Seunrity lasocumeat .. ,
<br /> ��; '- '`. :.� ' }` � ff dte Fands held by Lender exceed the affio�ts peamitt�d to 6e�ld by appliCable.law.Leader shaD ac�t oo Hu�c�r foi . -
<br /> . � . . . �` �Sto excesa Funds in��ccordance whb the��ants of appHe�ble law.If the�+ount of rhe F�mds held by I�uttea at r�y tima is _ .
<br /> ,�. .� � ' ;-, nat suffi'icie�t to yay the Fscmw Items whe,u dIIe,L�d�may so notify Bomnwer m writing.end,in sucb c�;Bmmaea sUari pay --_
<br /> � �.:(.; ro Leadea fhe amaunt nea�sary ta make Up the defcct�cy.Barrawer sl�i!matoe up the deficiency in no auoie tdan twehe
<br /> ,.. : ��,'(.: .,.. � - awntt�Y DaYme�►ts.atl.endds soledr_�edon. .
<br /> . � UP�PaY�t�fnit Qf all sums sectaed by this Sec�uityr Insuumeaut,L�da shaU D��DUY refnnd to BoAOwer any Fnnds
<br /> �a,�.' IieId by Lendea.I�ander pa�ag�aph 21.Leadea s�J acqunre or selt the Propeaty,I.e.nda,Prlas ta the aoquldtion or sale of We
<br /> �'� � Propecty,sha11 apply any Funds heI�by Lenda�2 Che time of acqui�don oz sate as a aedit agannst the sums seeured by tbi5
<br /> �-• ' : • Sec�iryInsuumen� .
<br /> � " � 3.A,pplisaattun oY Paqmenfa UNess applicabte taw pmvldes otheawise.atl payments recdved by Lender under paragraphs .
<br /> �.'' � . . :;�- 1 aad 2�be applied:fast,oo�y pseyaym�t charges dne andea t9e Not�second,to amounts payabte undea paraggph Z; ,
<br /> � � third,co mt�cestdne:fo�th,to gr�cipal du�and Ias�w any late charges dae c�er the Not�
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<br /> ; ' . . .`C � 4,C�arga;Liens. BaQmwer sba11 pay all t�ce�.assessnents.charges.S�es and impositions a�utable w the Ympesty
<br /> .; whicb�may a�ain prioriry over this Seaaity Ins�umea�t,and leaseltold payme�ts or ground renta.if any.Basmwer shaIl pay these . .
<br /> 'r.' ..: �,' , abligadans in the manuea pravide�ia paragragb 2,or�F not pai�in tJ�at msnned.Barmwea shall pay diem on dme direcfly to tbe
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<br /> ',,. . persan owed payme,n�Bormwer shall pmmpily fumish w l.ender eU notices of anaounis t�be paid:nnda this yara�aph.�#
<br /> — :. � ' BOffOWCi A18IG69 tQCSB p8}►IIlC�i4 du�t�}►.B07[OWPd SA�11 plfStAptl}I fI1II17SSl t0 LCttdCl T00C�piS C�iWed1CII1$ih�g3}rtIIQ118. �:� ,
<br />''a � .� Bmrowet st�all B��,DQI►���e any lien which has prlarity over this Sec�ity Inswme�t unte�Ba�rmwea:(a)agrecs in . �
<br /> . � . writiag w the paymeat of the o6ligation seaued by t�e li�in a manned acceptabte to Leudea;(b)cont�m good faith the li�n� : ..
<br /> ��,, . .' . by, ar defe,nds agaznst enfarcement of the liea io�1eBa1 Pmceediags which in the Lend�'s opinion operate to Freveat t�,e, .
<br /> eafa�uce�i of the li,en;or(c)sec�ues from the holder of the lie,o an a�eeanent sa6sfactory to Lea�dea sabordinating the lien to
<br /> . this S�2y Ins�ument If I.endea 8�termines that any part of the Propeary is su6ject to a lica►�uvbich may►auain prioriiy over dils�
<br /> �:4�� � . Securiry Inswmen�i:i�dea may givo Bormwer a notice identifying the he,n.Bormwer shall sa�sfy the tien ar take one ar more .
<br /> •�° �. .� of the actians set fort�almve arithin 10 days of the giving of nodce.
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