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<br /> - � � ._��.'::'_ raG�7'Fl��wrtTi an tLe imprav�naw or ne�tter ere�teci�a the psa�party.mma an �. ,:> .
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<br /> ::.�.._='=.;:'_-,_=t� fixtare.a naw o� ha�ter a pa�t of the pra�tty. Ail ieeplacemezus aad addivaas shaII also be oovemd tsy this Secaaity
<br /> - -- _- - ta.mr�.A11 o#the€acegoing is refertod to in tLois Se�'ity�aent as the°Pt�erty.' • `�`t'
<br /> .�1i�`-`- �`". �ORROWETt COVENANTS Wat Bosrowzt is laavfnlly seissd of the esrate hen�y aoaveyed and has the right to gra�azW . �.�
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<br /> < �:X< �, auavey the Pro�ty and that the�copeny is�beted.exaept for.�of reoor�.Bonawer warran�s�d ar� ��:::
<br /> , ' ` :t`_�• def�d gen�lly tHe titte to the Rope�ty aga�st aIl c�a�s�d de�ds.sabjecq to auy en�ces of tecord ,r.<,`,
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<br /> • �,.'.: "I�i1S'SECZJRT['Y INSTitUMEA�7'combin��farm caveaaats far�ioaal ase aad non-mnifarm�ven�mts with lia�ed , �`.f,
<br /> : "�- .'��� var�as bY�aron w cen�tute a�iform serurity ia.5nmm�cai cavermg ieal prapeny. <°
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<br /> . `-�'". .`�: '.:r UN�RM COV�NANTS.SOJYOWCi 2IIl1��0011C�SIIi 3�S$F8C ffi'fO}IOlVS. .`
<br /> ,:,: ::: •`_�`�:� 1.raymeaR o4�p�at sn��Pt+�pm�emy L�e�. 8ouawer s9an P�Y PaF whc�aoe me � �
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<br /> `'-,fd=�''�`i"H, ai of�i�uraesK on tlie debt evidenced by the Note aad�y�nePa�yman aad tate c�arg�es due�der 8ie Note. �� '� •�_.
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<br /> r i F ' 2.k'�dg for Ta�and imyaa�re.Snbject to appTicabte law ar w a arriueu vraiver by I.ender.Baamver straU pay to `�:_:
<br />-`F'�:� �:�i;� =_�:�. I�dei on cbe day'mnnthlY Paymeats are d�e uader the Note,tmn7 @ie Notc is paid'm fuII.a sum(°F�ds�far:(a)Y�Y� :F.-=:
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<br /> `..;.* .` - ' .l�..F and assessmeats which may att�a psie�siiy aver this Se�xuity tastrume�u as a tien on the�ropecty:(b)Yea�3Y isasehotd paymeats � -
<br />- - -- - 4�:#. or gr�uad reats an the PtaQernr,if aa3.tE)Y�Y��'��Y'�'���:<�Y�Y���P�•
<br /> �,��_- �r:;._` ¢�►Y:fe)Y�Y��e�P��:��Y:�(��3►s�s Fayat►le by 8ar�awer t�Leader,in acaord�ce wiff� ; -
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<br /> �� .� � t�prav'ssiams of paragragh 8.ia fiea of tbe payme�af���pre�iu�.Yh�e ite��e calIed'�Caw iteuu." . :`��'
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<br /> ° :�` Lmdr�r ma�r.at anY tim��ooltect an�fiotd�uads�tt an�IIai tn exceed�m�tta amc�t a lender far a fed�alty �
<br /> ��-'�4 telared mattg�e toaa'mas+reqtdre faz Borrawer's e�rsaw acaa�t imdea the fedeial Rea1 Estate Se,ttlecnent Pmoedares'A�of
<br /> :- �``'�`�" 1974 as�ecl fiom�ime to time, 12 U.S.C.$ecttan 2601 et ser�(°R�SPA7,aNe.ss anather taar th� lies to the Ftmds '
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<br /> - [�:l��`t s-;�` seis a tesser�. [f s�a.�da maY.at aaY time.cultea aad irold Fuads in an�abi to�[cead tbe tesse�a�o�. ,�=�
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<br /> < :,_-� ir�der may esWmaze'tt�e ar�u�mt of Fimds due aa the basis af cunteat data aad rea�anable�es of�zp�af fatm� • ���
<br /> �:• ` _��; Y:¢ ' Esct+oa►Items or ot�wtse in acoor�ae w�a�lit�ble laae. . �:�-.�
<br />-i. t.�' �o k'�:3' �hC�?IAldS SbBD be hC��$D 8a �OTI W�4:�'8i2 t��y 8 fBdCrd1 A$CRCy. ��dT�►.8T e!ldiy `i ''
<br /> _`F L'°`.,4<s�.y:`, ('mdudnqg l,aoder;�i.t�nder is sacb an�)or�n aay C�edEtai Aome[,o��aaY.i�er sball appIq Sie i�inrds to paq�e . `:;'�.
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<br /> <`�,r �!=:,' �S6laW�:�l3�sf IIOtt72iffi�'�OTtBWCf�t��$jTQ��C�.��$'�W 80000IIf+�l..� �
<br /> ��� ' �?'YL'~`��� veiidying Sie Es�OCV Uems,unles�L�der paya Borrower�atereat fln S�e�mds�d appHcable taw�ermuts I�eader Yo make sarh
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<br /> - J-`=��, a ctmage.Huwetr�r.Le�der maY�rc Bonower to�pay a oneaime c�arge fa�aa indepeadent�ai est�r��g setvloe . , _ ��+`�-
<br /> �' �� ospd t+Y i�elt�ec m mmme�an w�'t�is toau.tm2ess�pHcable �a@P pm�ides ot�envis�. IInle� an ageemeat�.a m a�e or _ �;�::
<br /> �,� r;` �2e law requ�C�s�t to be Zsaid.L�dersbaA notbe r�qnhed to pay 8arrower mmy inrezest ar�oa�e Fnmas. ' � °�°-
<br /> `.� �,.�.,, _. �roaver�as1 L�der iaay��3a wrt�ng,however,thai�t sLa]I be paid an Qne�unds.�da sh$U give ui Bor�+aarer. ..`. '� }-
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<br /> ,:'=.:�;::`� wit�ant�harg�aa anaual acoo�Ing+ef the Fand.s.sltavvinS c�e8its aud debit4 io�e Fnads aad$te PQrPose for wliic�.earb =--
<br /> - _ .:'�: . debit to�tte Funds Nas maQe.'Ibe Funda�g�edged as ad�danal se�aaity far aIl s�ms�ured bp tbis'Secaritq�e�u. -
<br /> ::�.'�,F.-��`.:::. `.. • , � `tf d�'Frmda heid by Leat]er excaaetl9�e amatmts�er�ted m fie�etd by apgIIcabte taar.i�mdea s�all aaouimt w Bo�+owea� , � =-
<br /> "•,�:�:`�°�`: ,`;`.;:. €or�&e exress Ft�ds ia a000�ao�cvit�ihe reqatr�ts of applicable laar.If:tt�e�t of tLe�.aads lield`6y L�det at any —
<br /> '-:':`�:�;`� , ti�is acR safHcieat to paq the Eseraw items afiea d�.L�der may so uotify Bon�wer�in wrItiAg,aad:�f sa�ch c�se Ba:ra�ver =_-
<br /> ' .�,�; sLait pay w ireader the�oant neoes�y t4 make np the deficlemc,y.�ottower shaU make ap the detideau.y ia ao more_thaa =
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<br /> :�`� ' tweive�omDIy�p�aymer�,.atLEnder's sole�an. � . . . �
<br /> - .�;..�: .. �UPon paym�t ia fnD of�D s�secm�d bY fl�3s'SewRit9 Ias�,.Leuda sball pramipRy refund to Borroaer aay
<br /> �'�- ' �uads held by t�rder.Yf.v�ez p�2!,l�der shaD aoquhe ar sell tLe A+�pettg,L�der.prFo;m flte acqm�sidaaar sa'fe � -
<br /> .����.�'i;.;�'��- � of tM Ropeaty,sball apply mry Fuads he10 by Leader,ai!he tlme of�on ar sale as a c�odit�anast tke svms seca�by'
<br /> �.; , t�8�i�f fnctntrrt�f ' .
<br /> -``.;�,,�`, . � � .�.�I�OD Ot�BymCfCIB.UI122SS 8�f��1C tSCV j!lpY�IdBS Ofb2l9V�SC.811 Q�}IIIICQ�S I20CIVEd 1f}i�+CtItICf 11�Ci Q��}LS
<br /> .,'.,..::.....:.:.•�,���, l a�d 2 shaI3 be appl�eCl:�nat,to atpr PrePaytnem rhazges dae mider the Note:seaoad,to amnnats payable aader g�h Z; _
<br /> : -:.. �. ',`�` ' � �rd,to iaterest.dtce;faac�,to prh►eipai Qce;aad 1ast.ro aay late chmcges dae ander the Note. . .
<br /> � �� ' 4.i�arge�Ideas.Barmwer s�a11 pay atl t�ces.�sru�,c�aQges.fia�and i�ositioas�atm'batable w the Qi+apeny
<br /> �'"� ' ` svDIcB�ay attuin pr�o�rity over 8ds Sea�tty!.�aattumeat,�and Iezseho2A paqm�as or graaa�tems,,. .�:�hov�et sbalZ.paY
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<br /> : �� � tl�e obti�toas in tbe ma�ner pravtded ia�aph 2.�if not p�d in tLae maaner.Bormwer�pay Poem on iime�re�Qy
<br /> __._';;',,,..,,�-; ' �to ehe peisan aweA payiaeat.Boszowea sbaU�tty finnist�m Lender aI1 notioes oY�to be ya�d aader#bds�b. ' -
<br /> � If Bomawer mak�s�ese P�yments dir+�a1Y,Bottowet sLall pmmptiy farnfisD te Leader�eceipta evid�piag.fhe paymeata.. . .. . _-.. .
<br /> � '° • Bosrowe�s2iaU premptly�disebaege aay tien wriicb fias pria�tty aves ttta Securtry tas�t aal�cs Barc�wer:(�ag�ia
<br /> u_.,�=.,r�.:.��;. �g w�e paym�t of the obIig,atFva socu�+ed by the 13ed ia a manaer acceptaDie to LeaQer;�tb)cantests�u gabd�ifD me lien � _
<br /> , "..:';:yy��' by bi defends �nst enfot�emens of.the I�Cn ia.�iegal DroC�3ngs whicb ia 8te L�ender's apinirn►ope�te to ynwe�nt�� '. -
<br /> '- ��N�•'�• ��?, ' .. � . -
<br /> .. endorce�oent of the Ii�:or(o)aecutes fcoru the holder of tLe tien aA a�reement�sa�sfactary to�et sabordmat6ng the Iten to . - -
<br /> :`::�'�;:.:'�,:;: � tLis 5ec�iry tusttaraeat.if I.eader�tbat aay paYe of the Rogeny�s snbJocs co a lien arhic�may attafia prloriry over � . _
<br /> x: °�� 1,�' . : � tdis�iry iastrumeat.L�eader may give Sotrawer a nodoe ide�ring t�ee 1ten.8omower abaU�satisfy the ti�or te�e flne�r ..
<br /> .:f� ,°•�'�• more of tho acxio7ts set fottb�above within IO days of the giving of nofloe. � � � '.. _
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