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<br /> } �:.` 'I�OCbTt��[t W1TH atl th�imgmv�ments Qow aP hereaftri eaec�d c�n the prupeny,and a11 easeffieatg.sPF�,�id V . -,
<br /> _ • . . frxtrue.v nav��haeafter a past of ttte prmpeny.All seplscemeats and additions ssha0 atso be covexed this� . �, � � . �
<br /> bY e�t}►In�meut .
<br /> ;,'�t� � Ailof the finegoiag is cefeired tfl in tfis Seauity Tnstr�e�t as�e°Piapacty.° w•� � � �,�`
<br /> - -- . $o�xov��eov�varjrs mffi Bo��r�rngy�m o���e ne�y�onY�y�a�a r���nc m�u� �- ��:��
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<br /> � ;�T,�r,...-_' canvey tha P�opary aad t�at the Pcoperty is tme�cumbeaed,escepi€or enp�mbiaaces of iec�d.Boaower waa2nt�and w11 � '�*: "
<br /> ' � � Qefend geu�aity thz d8e ou th�Pmpc�ty agamsc aII claims and d�aads.sab�CCt w�y euca�mb,�aces of iaoard. ri::._f:r` ..
<br /> - � _ T�IIS SHCtTRTY Y INSTlt[JMEI�PP c:amf�es unifotm ooveaants for natia�l ose�aad nun-w�ifaim wveaants wiih limited - -
<br /> , �s bYl�is�n ou cons�nite a emif�s�aity Lrs�menioavering real pmpeny. � . ' �',::
<br /> UNII�QRM OOVENANIS.Borrower ead i�dea oove�antandag�as foliav� �.-`,.�,�-°
<br /> . prmcipal of�d��the debievide�ced��e N����� Brnmwea shall PmmPUY F�5► whea dne tbe "`�� _
<br /> � '� ' aY Y P�Yme�i aad Iats c�azges due�the Nflte: ., �; �r
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<br /> — C--,; �.ffu�us fo�r'fexes ead�saranc� . Sab�etx w appikabis?aw ar w a wrhten waivea by Lcade�Haaower s6aII pay m
<br /> , �� 7 L�d e r on t h e d a y m a n�ly paymr�ta are d u e�t�Noie,a�ths Notc is paid'm fi�ll,a sma("Funds°j f�u:{a�qearly taxe� �. ��'
<br /> ., . ana asse.s�eats which may ai�in p�►o�►a mis se�rily►rnstrament as a lica on the Pnoyatyr.(b)ye�IraschoIa paymears � -�y� .. -
<br />- - - -- �d �Y. Y:(j Y Y P�F�Y��(�Y�Y tloo�iasduance psr�ms,if c,.� -
<br /> _ � �_{;;..� ar teats on the iE an c ezrl hazaid ar �
<br /> � ;�. a�►Y+�8)Ye�IY mortg�ge msu�aaoe premiums,if aaY+mmd(tI a�►sums PaYable$3►Bo�ower W Leades.in acootdattoe with�e —
<br /> ` ns of b 8 m liw of tbe of m ms�oe ° ` W
<br /> . , � p�F • i�Y��t �e �ms�These uee�s a�e qtted`Essro�►I�ms. ` °ti;_^��-'-
<br /> . � I�nd�may,at any t�collect aad IlnId Fimds m�►amoant not co eacQed the mmcimam amumu a lender for a fede�alty telated ..;;f�,��_,
<br /> t � ' martgage ta�n maY re�uine for Baimw�Ps cscrow acooaat imder the fedaal Reai Fs�se Seul�ne�i Ptacadn�s Acx of 1974 as ,>>-.
<br /> � .` : �aeaded�om t�e Lo ti�12 U.S C.Searon Z�Ol et se4• (°RESPA�.un�css anndua law tt�ai app2i�s w the Fmcds sets a Ies� �: ,�� _""'-�
<br /> ;�,.,..�.:::�::.�..� ,_` a�toSnG If so.I�ader maY,at anY fmte,ooIIect�hoW Ftmds in aa anaouat aot to exc�d 8�e t�er amonnt Iradcr may . ,
<br /> �._..� . � � '� < estaaate the smmmt of Fmids dne on the baas of aur�t data�d r�as�able�of expea�itums of Pomre Fsc�ow Itrams ar . ` .---.-.
<br /> :� . . �i othcfivise ln�ce with applicable Iaw. .,_`�
<br /> � � ; 'i�e�5mds st�aII be heId in an in�tia�tion whose deposits are ias�ued by a fede:al aB�Y,��Y,or e�tity►Cmcfudin8 v —
<br /> _ �. '• • � Le�nder,if Icader ia such an insti�tton)or in any Fedaal Home Loan Bank.Leands�sTzaIl apgly dce Funds Go pay the E�ssow _' ��;�:-� ---
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<br /> - `-`�::�.: .... •; Itmos.I�eadea way►not chffigE BoAawraa for hol8iag aad apPtymg the Faads.atmuaIIy aaa2ydng the�ccow accfl�t,or verifying � .`,;�"�_
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<br /> r � dte Bwaaw Items,an2ess Leader paya Borrower int�est an the Fimds�d a�lic�b2�Iaw peimii�I:endet to make sucL a cbarge. t ,��i,� -- --
<br /> ' ' Nox+eva,Leatdc�t taap�qaue Bflrmwer to pay a otte-time c�arge far�mdep�deat t+e�al�tax tepmtia�savloo as�by �`'�. ..:- _ --
<br /> ���i Le�der in c�mne�qi r,�ihis Ioan,an2ess applirable law provides otheaaris�Unles4 an agr�c�t is made or applicaDIe 1aw -� -_--
<br /> �in�esa��o�EJaid,l.eades sAaaU not be reqused to pay Bormwe,r aay mtaest or eamfnga oa the Ftmds.Bonqwer and �'�''`n
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<br /> •.�� . . . �. Leader waY agcee ue v�siung.�owever,tdat inten.t�aII be paid an the flmds.Lemder s5a11 give to Boiracvea,wuhoat G6arge,an � , :�..•,>...,----
<br />� . , ' snn¢al accutmting af t�ite Fimds,show�g caediLs�d debits Yo We F�Ws aud the ptttpose f�which�8 debit ou the Futids atas .:a _. .
<br /> :,;. � : � mad�7be FtnWs are p2edged aa additlonal sec�it7t fur ail sums secured Dy this Seaniiyr 1nst�tuneaL _ - �
<br />. � 1f the Fmtds held by I,ender eaoaed the ama�ts peamit0ed oo be held 6y applicable taw,IRndra shall sccaunt ta$mrowea far '�+,, .Y ...,:� � �_z-�9.....
<br /> � . � ,` the e�Fim�s iu m�r+dance witb the eats af y y • =.�;�,�'' ��
<br /> ,. `, � $PP2'�cabte law.If the aonoimt of We Faads deW b Leander aL an tmme Is "� --�-`��-
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<br /> not snfficient�o pay the Bsccaw Items wlu�dne.Lead�may so natify Batmwer�writing,aud,in such rase Boaowea shall pay , ,:'
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<br />, .. .. m I.c�dar the amonnt neae.ssary tn make up the de�cy.Bmrower sbaU mage ap the defidency ia no mare that�twelve . � _ !�'-'"`-
<br /> . �. . . ���h+PaYmeats.at Lender's sole disc�erion. . ----
<br /> UDon PaYment in full of aq stt�s secared by fhis Sec�uity Inshum�t,Lendcr s6a11 promptiy tef�d to Bmrowe�r any Fsmds . -
<br /> � he2A Dy Leaider.If.�der g�ag�apb 21.Leadea shall acquhe or sell the Propeaey.Lender,Prinr ro tIIe s�on�os sa2e of the = � � ---
<br /> �.',`. � � �D�Y,shaU apply any Fimds tiedd Iry Lead�at the tnne of acquisition or sale as a cmdit$gain4t t��vms secracd bY ttis ' _-_
<br /> �f . Se�7u�y L�sO'um�iL
<br /> -: :. . 3.AQpjicut[on ot P�yta�i4. Ualesg appW�ble Iaw Drovidcs otherwise►8D�B�LS ICCCIVCA A}I LCIldCi UndCt j7�jIS . , . � _ -�• -
<br /> � 1 and 2 sI�aI1 be y prepaymeat eharges dae undea the Note;s�onA.to amounts payaDle uadea . -,�'-
<br /> r . � . � apptied:fus�.to an paz.�b� �-
<br /> . Wird,to intaest du�fourth,tn gimcipal due�aad last,to any lats cfiarges dne andea the Nota � i �' s =
<br /> � � �. . . 4.CGarges;LYens. Boirower sha➢pay all taae.s.assessmc�Ls.charges.fines and impositions am,'butable to the Propeliy � -.,�,.,,..�_��.
<br />: , .., . . • which tnay e�in pric�rity ovca tLis 5e�curit�r Ius�umeat,and leasehold paymeatts ar gm�d r�n1s.if mry.Eoaoaea sLall pay these .: .. .
<br /> � : oblig,a�ons in We manner pmvided in garag�apb 2.or if not paid in that maaner,Bomower shaif pay�hem on time directiy w the ' �
<br /> ,. . '� '. person acved payme,nt Boaower s�aR ps�mpdy fi�ais6 w L�ader all aatiCCes of amaants r�he paid unQe,r this p�agraph.It .. �
<br /> agra�
<br /> �, BarmNea ffiakes Qtese�Ymer►rs d�a1Y.Bmmwer sLaU promptiy ft�mish oo I.endex.receipts evidc,ncmg tQe payme�ts. . . �.,
<br /> ''"'' �. ' .' � . Bonower shall promDtly disc e Pri tY ec�itY Inswment unless Bormwer:(a)agtees}a � . , . •
<br /> hazg an7+tie�which has ori aver this S � .�;,•
<br /> . , . a�ritlng to the paymc�t a�the o6ligatian secured�y the lien in a mann�acceptab2e ro l.�er;(b)oonr�in good faith the lic� ' � '
<br /> ' ', bY, ar defends againse e�ffo�ment of the Tien la.legal ProceediaSs which in the Leadea's opinioa opeaatc to preve�t the ' � ��� �� , .
<br /> enfarcement of the liea;�(c)seaues from the�oldca of the liea an . ,.'�' `� �
<br /> ' a�eeme�t satisfactmy m Lender subox�dinating the 1�w' •
<br /> . : ; tt►tsis Seauiry�e�t 1f Lenrter detennines tl�aat any patt of the Propeaty is subject to a Iien which may attain priority over Ws• . . . :
<br /> . , Secmitp Inswmea�LaW�may give Botmwer a aotice ide�tifying the lien.Bmrower shall � � - �..
<br /> t saasfy the tim ar take one ar more
<br /> . . 1 of the accons se1 foltl�aF�ove�vithin 10 days of the�virrg of notice. ' . , .
<br /> ; Form 8028 8/90 .
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