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<br /> _ �,`� . `�,�'. TOGETHFR VY1TH all the improvemeats now or heseafter eiected on the propecty.and all�ss.appiutenances.and ,^` .
<br /> - � fnan�es uow or�a part of the praperty. Atl replaceme�ts aad additions sball also be oovered by this Secvriry �U���•�_
<br /> ,: s Insua�t.All of the foregning is refeced to ia ttis Sea�city�e¢t as the'PraQecty•' �
<br /> °. BoRROVlIE�R wvElvaNrs diat Borcaa►er is ta�rfulIy se;sea of th�es�e hereby oom�eyea aaa has the right w gr�t ana
<br /> .15;`_� ``•'F`'. ooavey the Property aad tbai ihe Pzoperty is an�wmbez�ed.excePt fir encumbraaces of recotd. Bo�rawer wanants aad will .. .. .;
<br /> - de5ean g�auy ate titte co the niopercy against su cl�ms a�aemaads.subjecx w any e�sumhranoes of record. k `�'-
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<br /> `w.. � THIS SEC[JR1TY II3SI�tZJMEI�1'!'aombines uaifoam coveuants for metion�i nse and noaimiform covenauts arit6 Iimited �. ,.
<br /> ,t`� '` v�a�ans bl►l�iaroa to ooastitute a unifonn secu�y�oavering teal pmP�Y• �_
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<br /> '-.'� - -`tl<`� UNII�ORM COVENRNTS.Bmtawer aad T�ender cavenant aad agree ag foltou+s: =-= -
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<br /> :.;` l. �ymeat oi�1nd�pal aad Intere�; Pt�ym�t end Late C�CBes.Bomnwer sba11 P'mmptly FaY when dtte dte �° .
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<br /> '.�-�,_: principal of aad iate�sc on the debc evidenoed by the NIate aad auY P�Ym�aad lase c�azges due imder the Note.
<br /> �.�.-.�' :•�� `� Z.Famd`s for T�and Insmsaa�Sabjea m apgiicabts law ar to a writtea wa'sver tsy Leuder,Bocrow�shall pay ta ,
<br />-- - - `:x-"°}t�::`:. l.eoder on d�Qay manthiY PaYm�s aze due�mder the Nate.u�1 tfle Note is paid iai tuU,a sum('F�mds"�for.(a)yea�tY� '�r:�_
<br /> � k �,�;� �d a�scssments which may auam gciosity avet this Seauiry ins�as a lien on dse Property;(b)YemdY leasehold�ts ..
<br /> .'�: t f.. .„• �oe p�s:(�Y�13►Qood ins�aaoe pieminms, ._.-
<br />- -.�_.,��w_T.:��_' • or c�ts on the , ._�
<br /> - o _ �- � pmPect�+,if aay:(e)Y�arIY ba�d or praperty' Bomcwer co l.eader,m axordaaee arith �_�--� :
<br /> � �....:.:�_.�^;: . . ��;t�y�r���p�.��►;�a t��►�a��r ,
<br /> '` '�.: �e pmvisions of p�a�gh 8,ia liea of ihe payure,at of�iasuranoe premi�s-T6ese items aze calIed F,scra�r Items.' .
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<br /> ',r �* ' lsadpr may,at airy time,oollect a�d ttntd Frmds ia a�amn�t aot tu exceed the m�amo�md a lender for a fedecally
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<br /> ••v r...;-_'•'�"'�' �al�m�gage Ioaa ma�►�equue for Boaoa+er's es�acv ac000nt�mder the fede�ai Real Fstate Setttement Pr�Acx of • : ,�V�
<br /> :;: `�•"s i' 1974 as az�te�ded fmm time to time, IZ U.S.G Seqitsa 26Q1 d seq.('RESPA'),ontess auotLer laar that applies w the F�ds
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<br /> - ;`k��:�$,� s�ts a lesser amo�at. If so. Leader m�}►,�aaY titn�co]lect and ho2d�unds m�amooat not to e�meed tHe I�er�a�t. _'�
<br /> `: .• data aud reasonab2e�of e�ues of fiuure +�r`�
<br /> ';-�. _- `:-F:`�:.�:- j,,��may�e the�d of Fnuds dBe on the basis af cmi�nt " - :
<br /> :��% Essaow Items or otIIe�avise ia arcaidance wtth applirable laa►. �
<br /> - � - . -�`:�-' 7bc Ftmds sDa1l be l�etd'm aa � whose depasits�e ia.s�d by a fcderal a�ey, �S►, or�tity
<br /> ; ' � :��°� � (indudmg Leader,if Lender is sach an insatation)or iu anY Fede�aI Some laaa Bank.L�der sLall apply ttte Ftmds w pay the :.
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<br /> ,.. �'r_...y.,.:. .. E4CI8W�.4.�CL�I IIOT�C�i7ROWCL fOT�Ii�lIIg��1�IIi�s�C+'�+w�r��i����w�0�•� ��.�.
<br /> `` :< w�;_ verifying the Fsa+ow Items,unI�Ixnder pays Borrower�nteiest oa tiie PQUds and applicabte tacv permits i.ende�r w make sac6
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<br /> a chatge.However,Ix�may reqnue Boaower w pay a one�time eAarge far aa}ndepeadent real e.4tare tax reportinS seiv'scce
<br /> ' 'F� � �� t�sed by Ixader in oaffiecaon widi this Ioan. unless applicabie taw pmvides othei�vise. Ua�ess att agreem�t Is made os
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<br /> � � eggl�b2e 1aw nqni�es i�st w be paid.lander shaU aot 6e reqirirod w pay Bormwer aay int�est or�mmgs an t6e Funds. s
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<br /> �#:z�:.: Bonowet aad I.ender may ag�ee in a►ridng,vowcver,tbat interest s6alt De paFd on the Fuads.I.eader sbali g�ve w Borrawer.
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<br /> �� r. . `` of the Fonds.showin8 credits azW debits to the Funds aad�e puqmse for whic�each ��;.
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<br /> :�e .,`. `•i`,�i•: � Wlt$OOt Chsig@.8a�at a�$ ,
<br />� ;'::=''.•:'� .':':'`;'°'�° debit to tLe Faads was made.The Fartds are ptedged as ad�al seaamty for aD sams secared by this Sec�ity 6osaum�t.
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<br /> r ti� � If�e Fimds held hy Lender exceed the mno�ts permiued w be heId hy agplicab2e laa,I,ender stiaU accuunt to Bancwer
<br /> �;"��,. ,-:t: for the excess Fim�s ia accardance with the reqaireaaeuts of applicabie taw.If ttte amoont of ttie Fauds held by Lender at any _ -
<br /> `"�,:- :���:.,,��:�;�:' time is aot sa�cieat to Day th�Escruw Items when due,L�der may so notify Bos�swer fn writiag,aad,in sarb caqe Borrower ��
<br /> ' �`��. to make. the deSci Bosma+er shall a�ake up dte de�dency in no mare tbaa
<br /> . ., sLari pay w Lender the a��t a�Y uP �Y• � ��
<br /> �;�,•;!�~.;:�:: ��_�" tRreJve mnmbty gaymeuss.at Leader's�Ie discreaan —
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<br /> � �� �:�"� � Ugo�payment ia fiili of sII sums�soco�ed by.tLis Seauity Iasa�cnt,Lender sha3t pmmptiy c�fimd w Bormwer aay
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<br /> ,:. .:..�';;�..-;�::�,.� Faads l�eld by lruder:I�uudea D�h 21,�er ahaU acqnire ar seil the Ptopeny,L�der,�rlor w the aoqaisitton mt sa2e . . _
<br /> � =�. , of the Prnperty►.sliail apP13►an3►Fm►ds heW by Lender at the t3me of acqnisition os sale as a credit against the`sum4 s�by --_
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<br /> �;:�; ,�` � 3.App9t�on of Flaymems.Qntess a�plicab2e law pmvides atLe:wlse,aIl yaymeats�elved by LenQer ander paraagtapbs _-
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<br /> ' � '� 1 aad 2 sbaD be app1�3:Srat,w az►Y PRP����dae nnder the Not�sesond.to amom�ts FaYab2e�der paragraph 2; -
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<br /> - �� . .,�� � tLiN.to�Qae:foartL,m prInci�al d�e;and tast.to�y late charges due under the Nate. _
<br /> 'r�"::�`''.'-:;.;�,'.'��i 4.C�aTges;Ideas.Borrower sLail pay all taxes.assesgmeats,char8es.fines aad impositio�s att�utable W tlte FcoDertY �_�
<br /> ' i;r ,�� whieh may attaia prta�t�►td�d�is�Y Ins�ume�4 mod IeaqeIloId Dayments oz�d ients,if any.Bort�aver s1�aU p2y . ..
<br /> �','..,��-�.�.. ' these obH�ationa in tIIe maan�tprovtde�ia paraBraPb 2,or if nat gaid ia 8iat m�aaer.Bmmwer s�all pay theni dn ttme di�tly-- �. _
<br /> ,: , '•'�;`;:;�:.;;' � to the�rsoa osved payment.Bomnwer sLall ptamptiY fumish to Leuder 2J1 uot�ces oY amutmts w be paid Qader dds para�rapb. _
<br /> �s � If Bano«rer�s�r��y,Eo�ower a�an pro�tiy tmais�w�der s�e3y�e�d�c����• —
<br /> '; :• ��'.:�;:" . � aorrower shan pmm�tt�r disc�e au7r l�en wh�i1�b,�vas p}�rlorlty over tt�s sewdty*rn,,s,,t,��m,,�u,e/aa�son+ewer.p(,a,,i)�La�p,.s in _
<br /> ,��•'�`.,.....'r'.r. " � F, ��O��OA^__��YW�Yi a������W�f\��{�at.�$����ai14 YtG�� F:.-
<br /> � _ • w�ng m ihe payment
<br /> �� � ?' , . by,or dePends against enforaement of the li� i�►..�at Pmo�which in tlte Lendet's opiaion oper�e w prevent ttte a-°
<br /> t ' C�OI�CIDCIIt Ot QlC��:df(CI 80WIEB f10111 tII8 IIOIdQ Of t�iC 1�CD 8D 2$i88lIICIIt 881�Sf2Ct0l�t LO IrBIIdCl SUDOi�II3S�l$I�lE�� r __
<br /> ''`r;;;�.°.;%;'���' :�"�� � tWa secority Inst�nment.If L�des d�t�at any part of the Propetcy is�b ject co a l t e n w l�may a u a i a gxio r i t y o v e r �.:_•_
<br /> j,� : -�_` t�is Seauig►1asa�t.Lea+der maY g�B°n°�a t;adce idea�'iag Sse lie�u.BonaRes s�l!s�isfy ths liea ar take one or _
<br /> '.`. more af fhe actions set toit�above withln 1Q days of the giving of aodce. _
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