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<br /> }+.` �.`� � i • TOGETI�R W11A aIl tM imProv�n�now or Dereatter eracte�i on the property.and ail rasements.aPPurte�nces.aad ,`-.
<br /> ``'.�.r•i.? 5xuues naw or h�ec a pa�t of Ute�roperty. AIt r�plaoe�nts and addirions s1re11 aLso be ooveced by this Secvriry µ`.a
<br /> - -�`-=�`���- `- • tas�.11ll of the foregaing is tefecred to in this Seixirity Iasuume�t as the'Fropertyr.'
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<br /> ' :,<<;` BORROWE[t COVENANTS thaz Bocmwer is tawfuliy seised of t�e estase heceby oomeyed and has the right to grant and - -
<br /> -, - ��y the pmperty and tZtat the Fmpe�ty is va�a�mbeted.e�coept for eacumin'anoes of record. 8oaower wairams and a+ill ` f
<br /> , .;::�'`' defead geae�ally the title tn tae ProPecc�►��alI clsims�d detnands.subject m aay�raaces of t+ecotd. ,�N E'�;
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<br /> s�, `Y�`'� THLS SECti81TY INSTRUNIENT ooml�in�unifoaa covenant�for�ational nse and noa-uuiform covenauts arith limited .
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<br /> r•ra.`e":�'. '".��": vei'sa�oIIS hy junsdictIOn to t�asndite S tlnlfoffi sec�ty u�t�ent oove�ag mal ProgeriY• '-
<br /> `:�- UNffORM COVEPiANTS.Borcowa and l�uder caveaaat and agice as foltows: "`
<br /> .. . ,� , _�. " . V �t aad Late Chazg,es. Bosrower sball prumpfly pay when due the �,�,.:4.
<br /> ��, �+� 1. hyetent af P�i aod I�P�+e�3'� ����due uader t�e Nots. .
<br /> ��".�.tt.� Prmcipal of aad inte�+eat on the debt evid�oed by the IVate aad ar►Y P�PaY�T :,
<br /> , .. �, �;�p_ �.�r'an�s Yor Taa�aad Insmanoe. Sub1�t to apP�able 3aw as to a wcitt�avaiv�by lender, Borrower sdall gay m '
<br /> -'���-'�,t .�. f lendez on dte day moathlY PaYm�tg are dwe aader the Note.u�il the Note is paid in fiill,a sum('Fnads')for:(a)Y�Y� .`�-
<br /> `�� mrer this tnsaameat as a liea oa the Properry:(b)Year1Y i�hflld Pa�m��s -��.
<br /> � :`' -_�-;: aad a�m�arAicb maY apaim Pn°sity Secanry _-
<br />;.. _ . -.�..4�- ,.�=:. or gcuuud�ents on die Prope�ty,if.a�nY:(�)Y�Y��or property ins�amce p�n�s;(�Yearig IIaod insurance p�niums. .,�..
<br /> °` mo insu�r Premiums. � Y �DaY��b3►Borrawes to t�der,in a000r�auce with
<br /> ;.� -1. : if an ;and(�anY
<br /> . - �: if�y►:te}Y��Y. �S� , ;
<br /> - =' °�"�-:�`:'�� t�e ptmisiaa4 of Pazagraph 8.in 1i�of the payment of moagage iusurmce pieminms.These items are called'£tccow Items.' ^s:'
<br /> �•;t.;... ., . OVISI
<br /> ;��';:=.,:;:;��s.•z- Ir.ndec maY. at aay ame,�and t+uld Fuads ia aa amount not to eace�ths maximum�oimt a t�der for a fedeially ����_.(�'';
<br /> �. ' ' �lated mortgage toan may teqaite f+or Barmwer's escraw aoeutmt�mder the fetta'et Real Essate S�ilem�t Pcocedmes Act of r�
<br /> , ' .�� 1974 as aateaded fmm ume w time. 1211.S�C.Sectian 2601 d se¢ (°RFSPA�?.�mIess anodier law tLat applies to the Fuuds
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<br /> �: ..E.;:,, sets a te�se�r amo�t. If�,Lender may,at aay tim�.solI�t aad hotd Ftmds ia an aa�ouat not to exeeed tfle Iessgr amo�i. r >-_
<br /> � �der may e�ti�e amoum af FunQs due o�dbc 6asis o8�nt data�reasunabls c�mav�a of�of fnuue � _
<br /> :'`�'z��; wrth licab2e law.
<br /> �- :};. Fscrow Items or otIleea+ise ia aeoordaace app
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<br /> ��.� �� '.w,.,u_; T4e Faads sball be beid in aa�whose depasits ate msered by a fede�al agen�y. �su�tY, or e�tity .,�_-
<br /> `' 'Y:r (i�u�ng Exader.if Le�tder is snr�an�oa}or in aay F�}Home Loaa Bank.Lendet s6aD appil+t�F�mds to pay the
<br /> �s ._•.�, r;;�' Fsemw items.L�ter nray►aot c�ga Bomawer for Italdingaad applying tbe F�s.anauallY.analYzinB the escrow asx�mt.or -•
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<br /> ", .r�''.:;:? . ve[ifytng the FsCmw Items.aaless Leader Pays BomOWer iulecest oII the Ftmds aad a�plicable i3w perm�s L e a d e t to maice stictl ..
<br /> `�:J=r�;�'w-=''""'�' � a Rowever.l.endec m�Y reqaire Bosmwer to payr a on�irne d�ge for an independent reaf�tate taa ieportin8 secvice .;-.,=
<br /> �• is made oz `�°
<br /> `.`', �., - �' ta�oa with this toaa. imtess aPPlicable Iacv pmvides otheiwise. Unless an ag�me� •:.
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<br /> ;� , `;.•c by w Burmwer au�t interest or eamiuga on the Fimds. , �
<br /> ,,.,:�, , �,f=., agplisable taar mqnir�s inre�est tn be paid,L�.mder sbaU aot be reqnired PaY u7
<br /> ,�.,-;.:.;�;:; :�y�?l:�'�. , Bosruwet and�xnde�r maY ag�ee in'wriang.hawever,tAai�anecest shalt he pa�t oa the Fuads.Lendes sbatl give tn Bomonaver,
<br /> �i. �uc c�azge�an an�al aecoundag af the Fands,shawing credits and d�its to the Funds�d the putpose for arhich each �..
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<br /> .,,. L°"s' a4 additional s for all sum4 secoted Dy tt�.s SeauitY 1n�um�t- � � -
<br /> _= ��- �.'..=� - d�it ta thc Fimds wag made.'17te g�ds a�+e piedged �► =��`-
<br /> �:.;F` . ' lu�ble laav,I�amdes si�all ar.cotmi to Bortawer =
<br /> ;�4��,��,:.r-";L'�� �4•'�: ` ` tf the Fimds�etd by Leader excee�fhe a�¢aunis permitted to be hetd b3►aPP� . _-__
<br /> ',4{.Y° ; of Iu�6Ie taw.If the amarmt of Ehe F�mds LeId by I.ender at aay . -
<br /> .+�7:�:, fox tIIe Excess Ftmds ta�wltb dte:eqoi�emeats apP� _
<br /> �,;.,s�::"`;:�:::;�,>Y., sime is not su�fic�eat m pay the Escraw Items when due,Le�idet ma�►so notify Baaowet in wziting,and.in suc�case$ortoarer � __--_
<br /> ,.F.`.;�_::�. � sbaU pay to Lender the amowtt nec�aN w m�e IIF the deficien�y.Bott+uwer shall make ttp tne defrciencY ia no moiC 4h� T
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<br /> �a:; ,�'=y`�' , iweive ipo�hty payments,at Lendec's sole disc�e6an. '
<br /> , 'c , Upoa paymeni ju fn1�uf eiI 8�seeuced by lA3s Se�irit3►inatr�ment_ �sb81t pru�p$y iefimd W$onowec any . _--
<br /> `-:ir�.f;,r�: ":;,':";_'`;� h 21.I.Badsr s�alt aCqui�e os seli the Ftoperiy.I.EAdel.P=For tD the�Cqoisitfon Ot 8a2e• • _. ._
<br /> •;:���;�; FuadsheldDy Lendsr•ff+m�dexParageaP
<br /> ,,,::,,�.,:� •,•7:;�i `='�: , of the Yiopert9.$ball aPPIY�Y Funds held by I.eader at the time of acquisit£on or sa2e as a ccedit against tII�sums secure8 by —
<br /> "',�,,.;:.:::,`::,,:.,' � tLis S�rItS►1�mea�- othee�uise.alt payrtaenta�eoeived by LeudetwWer parag�raPhs . .
<br /> � , ' . '� 3.Ap�a�on qf P�fineais.lTaleas applicaDle taar prov�des .
<br /> `I'� ;;:; : ``� ' 1 and 2 sball be app]ted:fi�,w suy prepaymeat�rSes due nader�he Note:seoon�.w amu�ts Payabie u�er Para�r�Dh Z�
<br /> ,�•r'+;`'�` �d to i�te cbar �due wWer tIIe Note.
<br /> '�;,',�"-',_,,� thbtd.ta�es�t du�foa:tb,to F�dpal dae; �sb �Y � g�s aad a�b FcoPe�tY
<br /> .'; �`,..�.�:.� �'�:� . q.C�1d�s.Bormwer sLaU pa3►all taae�,ass�,chasSea. imPositloas te to tbe ----
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<br /> ;, ,,� '��>-,.:, w�t may ana�a�ri�i�vet�ls�S�udtyt lnswmaut.;aad Ieasehotd payments os gcound rents.if�Y.Bamower sLal!paY
<br /> ��; �.-;-.-:�'` t�eseo6l�gac�ons is tHe maaaetpmv�ded ia pac�aph 2,or if aQt Pai�!in tbat mariuer.Basroa�er sIIait pay the�ou ttmedinaaty . -
<br /> "`•':-:,;�`��,'`:, .:: . ta the,persaa owed Daymeni-�Bncrowet shall pmmpttY fivaish to 1.endet a1J notices of amoua�ta be pa�d imder this paaagrapD- � _
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<br /> :'!:_;,.�:,;';:,;" : If&lirower m2kes these Day�te�s dite�tY.Boirower sha�l PrumPUS►fami�h w Ixnder receipta evIdenciug th�Payments• � _
<br /> - .:".",;;..,., '- � Bo:mwer sball piompcLY discharBe a�►liea w1�Las prlortry aver tB3s SeeauitS►tasuument tu�te.ss Botiower.(a)�ees in �
<br /> - ersiti�g to t�e p�yment of tne abligatian�by tbe ltea ia a manner acceptab2e to LcnQer;(b)�in gaod fai�t�e 11eo
<br /> y ` ;;�; .• �yy� �•defe�ds ag�in�t enforcement ot the liea in,�1 Drocoodin88 wbic�in ttce Lender's opiniuri aperate w pieveent tbe . ---
<br /> � , �; �edforce�nt of tbe lien:4s�c)s�from tbe Ilolder oi the lten aa agmement s�isfaaary.to Lender sabocdiaatinS t�ilea to _-
<br /> ' '`'':=.°t:..° . . t�s�Ity Iasp�um�t. I41.enddr determines tbas aay part of ihe Fmperty Is$nbject to a�tlen ahich may sttaSa prtostty►oves. -_
<br /> , �' � , tD�s Se�Ity►ta�•t�eader m�aY give BaAawer a uu�ee 4dentitying�e ti�.Baime►er sLaU�atisPS►tbe liea o�taue oIIe ur _
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