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<br /> 4. �,``` '. '�QtifiPHEli VEII'Ig1 sall t�e impmvemr�Ls now�h��on�the property�and sII�m.appn�nances.and .. . -:. . .
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<br /> �� `:` � �tmes now or h�fter a patt af the pmpeacy.All�eplac�neats and addii�ns sball aL�be coveaed by tfis S�rity t� ,mprr_ `� ��,�
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<br /> ``` :� , AIl o�the foregomg is nfeaed w m this Secmrrty I�usarumeat as tIIe"Pmpe�ty. -.
<br /> � � ' I`°f+ BOR�t01NIIt COVENANfS tbas Bormwer is lawfnlly sessed af the estate h�y canveyed and has the rigbt w g�t and , .� :
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<br /> ` �, �� convey the Pcaperty aud tbat the Fropeaty is nnea�cumbaed,eaoepi far e,ucambrances of�d.Bomuwer wanarJs and w�l � ,.: . . ;�.��.
<br /> .,r. :� defeud geneisily the titie to the Progettyr against all claims sad demaads,sub;ect�o any e�amn}�ances af ce�d. Y _ -
<br /> -. , , .a 1ffiS SECi1ftITY It�iS7YtTJNffi�iT c�ombiacs�mifoim covenant�for narianal use and n�osm coveaants�ris6 limited� -, ; -- -
<br /> � r'. _; v��nns bY Jm�ion t4 cans�.nue a unif�m secaaty i�sLr�matE covec'ssg ieal propeatY. � . ,
<br /> , ,�,,• UNIPORM COVENANfS.Boaowea and LEnder cove�nt and agree as foIIuws: _
<br /> � . l.Fayment o8 Prtncipal aad In�PrePaYment aud Late Ci�arges. Boaowez shaII pmmpilY PaY ahen due the��ii ����
<br /> . . ` p�pal of and iaLerest on the deUt evidcmced by theNoLSaad ar►Y P�Y��and lars cha�g�s d¢e�the No�. � T
<br /> �:�� ' -�':�s 2.Fimats tor Texcg antlln.�aranoe. Snb�ct m applic�b2e law or ta a wr�tea waiver by I.endEr,Baaowa shall pay to�; , . -- °
<br /> � . � Lend�an the day manlblY PaYm�►is are dne amd�the Not�e,unt�thc Note is paid in fiill,a sum("�Ymds°�for:(a)Y�Y� -- -
<br /> . � ° aad acses�e�vs which may att�n p�iatity ovea this seaurity Insu�wt as a lien an the Prapeny;N)Y�Y teasehold paymeuts -,--:`r�,:-
<br /> ' . ,;� ar gmund r+arts on the PmpeKy,if anY+(�)Y�Y���PmP�Y��P�(�Y�Y flQad iasiaanoe pre�iums,if f•�' %.:.-
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<br /> . _ �` an , e earl �ce if an ,�d(f��Y sm�s Fayable bY Boauwea m I.eudea,in acoardaace�rith the f -
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<br /> ;�' -. pmvisans af pasagrapf� 8,m liea of t�e paymeat af mortgage insmance preminms.ltiese i�ms are called "Escmw Ifems." . .
<br />-� :.�';��. �:''� La�dear snay,ai any time,coIlect and[�o2d Fwads in an ammmt mot t,o exceed the maximnm amount a 1e�d��far a fedeaaIIy related .
<br /> ".., .�r::�'-� � �. mortg�.+�Ioan may�eq�ire for Bmsowea's e�raw account uafi�tha fedeaal Real Estate Seulrffient piacedares Mt of 1974 as _
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<br /> -�`` ; ;.,` . a�nend�i fmm t�ne�cime.l2 U.S C.Seaion 2�01 et seq. ("RFSPA'�.�anotLet 1aw thai applies t�the Fuad3 sets a It� ,�. :. ��`y -
<br /> :' :.,.': -.-.3„ a�L If�,I��er inay�at�y ti�e.aoltect and hotd Fands m an amnimt not D�exceed the lesser auiount.Lea�ded may - `'`"'' `��-�
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<br /> � `,.�-.��;`:."�...� �=� �the amount of Fimds due on the ba�s of c,�ure.nt data and�sonab2e esdmates of e�endinues of fimue E�uw It�s ar -�z.�z„�.,,� :s'�_.
<br /> �� , otl��se it�acr�ndance with agp�e 1aw. , r "'`-_
<br /> �.� `��, 'The Funds shall be held in an iasdtation whose deposits are insnred by a fedeaal ag�ncy.instr�mentality.ar e�tity Cmcladin8 . , ..:�-.�
<br /> .. '�. , Le,nda,if I�dear is such an instmttinn)ar In any Fedeaal Home Loan Bank.Leadea sball apply�e�aads w pay the F,sc�ow ` `���° :��',��-
<br /> ' �.�'i:� the Fuads,anauatiY analy�ng the es�w accaua�or veritying •` _--
<br /> � ; Iteu�s.Ixx�de.r may iwt c6arge Bamnwea faa iioldmg and applying � , .
<br /> �• _. � �� �'• the Bscxaw Items,uNe�I�dea pays Botrowea inteaest on the Fnnds and applicabie law ge�mit�Leader w make suc�a cha�� . ',•r --
<br /> H o w e v e,I e a d e r m a y r e q u i r e B o n o w E r t o p a y a o n e't i m e c h�g e f a r a a i n d e p�d e n t i r a l e s t a t e�m c r e p o r a n g s e r v i c z a s e d�s y s:'f:": _.
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<br /> �:... � . . .:�: Lendea m connect�n wid�this�aan.miless appHcable iaw pmv�dPS atheawise.Unless an a�t is made or applic�ble?aw :� -
<br /> �:` ". ..', • i � m�ttest w be a�d,Leander shaIl not 6e uired to PaY Boiruwer aay inte�st or e a rn i ugs on t h e F u n c L v.Bom�wer an d ; ''`' °;'x`—_
<br /> �, .. . reelai�es� tet6 P req •--�::;_._�
<br /> �''. . • I.endea may agree in wriling,howaver,t&at lnteaest shalt be paid on the Funds.i.euder shall give tD Bormwea.without cLarge,an =__
<br /> • � aanual accoundng of the Fmids.showing aedits and debits to the Funds and the ptugose for wAich each debit 4o the Fimds was . . __,—
<br /> �.., � ,, , mad�T�e Fmids ffie pledged as additional secauity for aIl surns sepued by this Seraufty Ingtiument . � --
<br /> � . If the Funds held by Lemd�exceed the amounts permitted w be 6rdd by agplic�ble 1aw,Leader s4aII ac�com�t tu Bomuwa for - _
<br /> � the exaess Faads in a000md�ce wirh the req�ts of�le law.If�he amount of the Fands held by I�emder at any time is ,���,-�+� . —
<br /> , � � . aot auf6clent tn pay the Fsaow Items when due.Lendea maY so notify Bormwea in wri8ng,and,�sucb c�.se Bamnwea shall pay %�Y-r.-�R
<br /> . . .. . . to Leadea the amomit n�w make up the defa�cy.Borruwer shall make up the do8cie�cy in ao mora than twelve ,:+ _--
<br /> ' �� �.'. '' monthd�l pa►Ymeats,atIxa�dea's sole discreuon. . -_-
<br /> �l< � 1Tpon paym�ti in foll of all sums secured by this Se�uriry Inst�umenL Leacder shall pcoraDtiy refimd to Bonoar�any Funds • f
<br /> ;;:�. . hei�by Le�nder.If,andea para�aph 2I,Lender sdal!acqm�re�r sell fhe Propeaty,I�end�,Prior w the acquisition or sate of the � ,
<br /> �;' . � � �F�Y,shall app�Y zr�9 Funds held by Lendea at the time of acqvisiflon ar sate as a credit against t�e sums sec�ued by this - °._.
<br /> �, �• � S�.Ylnstmment . . - --
<br /> �°� . . � �. liratton oYPaymenta Unless Lcable law vides oiheawise,all yments received b Latd�under hs =
<br /> �°. • �P aPP� P� � P� Y D��P _
<br /> ��Y� . � ., - -...�. 1 and 2 sbaU be applied:fust,w any psepayment c�arges duo�unded the Not�:serond tD amoants payable under Patag�h Z: .
<br /> � .,.. ; .. . tI�sd�to int�erest du�fouN►,w principal�a�and 1ast.[o any late charges dus�uder the Note. •,..,::-,.Y-',.T
<br /> . � 4.Charges;Y.iens. Borrower shall pay all taxes,assessments,charges,l'ines aud lmposIdons ann'buta6Ie w the Proyeacy �:�s, ,�_ -
<br /> . . � which may attain priotity ovet this Security Insuument,and leaseho2d Daymes:ts ot ground rents,if any.Borrower shall pay these • .
<br />'- ' � .: ' obligarions m the m�nne�g����e�„in Dm�ag�aPh 2.or if not paid in that mamiea,Bommwe,r shall pay them on time dire�tly w the
<br /> � - � . , peason owed Dayme�t.o`Bats' i►s�a11 pmmptly fi�mLsh w L,�der all norices of amoimts w be paid under this yar�aph.If .
<br /> ;* : � Batrower makes these payments directly,Borrowet shall pmmptty fiunish to Lender ieceipts evldsncing the yaymeats. ° . .
<br /> � Bo:mwea shall pmmptly discharge any lien which has yriority ova ttus Se�uriry IasOmment untCSS Botrowea:(a)a�rees itj
<br /> .. writing w the payment of the obligatIan secured by the lien in a marmer aoc��ta6le to Lend�;(b)cantests in good�aith the lien • " :� , .
<br /> . �� by,or defends a�ainst enfos�ccment of the tiea� 7n, legal proceedings which in ths Lender's apinion oprdate w prevent the • . �
<br /> � . . . enfarcement of the llea;or(c)seca�es from the hotder of the 1:en an agreement satisfactory w Lender sub�d�a�ng the lten to• . .
<br /> . i �. this Seauity InsGrument If Lendea deteamines thatany part of the Pmyeaty is subjea tn a lien which may aUatn Driori[Y over this, � .
<br /> . Sec�uity Inshmnent,Lender may give Bonow�a notice identifying the lien.Borrower shall satis�f'y Ihe lien or take one or more , � ��.
<br /> . �. of the actions set fonh above arithin 10 days of the giving of aodce. ' �� '��.
<br /> � , • Form 3028 9/80 � . .
<br /> � � �-8R(NE)csa�z�.o� aapoxo�e i�ira:�: . --- � •.
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