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90" 10535.1
<br />(4) Fla Cfarmanhos by Borrower with each and svaay sonotary obligation to be
<br />psrafo:�sd by Borrcwsr ushdwr any r+eoc>rtlsd atnttsnetrts, corditicm and shnatI ricI ions
<br />pnoetainirq to the Ptepe rv. At TAnftrOs or , ff� other �t
<br />or iUdas ndnbfa 1- no abl of Borrower (or of any successor in Interest
<br />Of Bort+auer to such Pxnpwty) awing to Lander, what ow created dirvatly our
<br />acquired by absolute or cm*ingunt assigns nt, whether due or not, whetter
<br />of owise nomad cw ntat, or doOmr aedsting at the time of the wwa*ion of
<br />this Instruninift or arising Ouneaftm, the vddoed by a notice An writing to Borrower air cry o
<br />sn a x osssoar In interest to
<br />• eorattihurer,
<br />Borrower aowwnsnta that BMMIM t• is lawfully saia d of the estate hereby to
<br />amawyed and ban the riqft to tics Tsustas and that Bwr+owsr will wa�and defend generally the title the
<br />Propstty against all chins and donands, except for liar, easomints and
<br />rsstrictiarts which are spa as prior to the lion created by this Lnatrumont in a
<br />achadule of yswe ti t many title policy i�,ing Iaacier•s lion an
<br />the
<br />�B NZIMi
<br />1. BMW Cr i?RDKML MD =M =r. B=Mo err shall pay *Wi due the ? .
<br />i=ds 4pl of std Interest an the W" "a av3,dw=s3 by tho Nots, any
<br />propacyamant: and late dhaxW p wided in the Note and all othax scatms secured by
<br />tide Instru mt.
<br />2. PUM IM 2R= Al com �B. Borrowar shall pay to lArd iih' an the
<br />day sastthty installarnts of principal arid/cc interest am payable under the Mabo
<br />(or an another day designated in writing by lw dsr) , until the Nate is paid in
<br />j full, a sum (herein to arts- twelfth of (a) the yearly tmm and
<br />assasetrpern1 which MW be 16MV on the Prqparty, (b) the yearly pranitaa
<br />installssetts
<br />for fire and ether hazard inswarattos, twrt loss i. omance and such
<br />other insucranoe awn ring the Ptropwty as Lsntdix nay rsdluire puncsunant to paragraph
<br />i 5 he rsof, and (c) the yearly Laraine installionts foot =rtWW insurance, if any,
<br />all as seaso wXy estimated initially and iron titan, to time by Lander an the
<br />basis of asse■sssnrt•.s and bills and reasonable estim tso thereof. Any veivsr by
<br />Yachter of a zaquit+as I I I that Barrvwhhr pay such Fends my be rewalted by ImAw, in
<br />Inn i r•s sole discretion, at any tine upon notice in meriting to Borrower. Dander
<br />way require Bwtww to pay to Deader, in advances, such seams for other tmhoas,
<br />charges, pr+seiuss, assesssenrI and impositicm r>alaating to Borrower or the
<br />Prwperty, psyssnht of which Lanrtder reasonably shall doss necessary to proWt any
<br />of the lisps cc security h terests of Iader covered by this Ihnstmosint ("Other
<br />Mapasitiorhs"). tdhhlass admvise por+ovirdad by applicable law, Lender any require
<br />Fdrhds for Other ntpcsiticns to be paid to Larder by Borrower in a lump as or in
<br />1 periofte installnerttat, at ImmUr's caption. Dander cheaasty &9%%M to waive its
<br />right to require payment s t of Am for insurance as pmvided in (b) above so long
<br />an Barraaer doss not default under the Note, the Instrumat, or any other
<br />Instrnsrtrht assuring the Note so larg as 9orarowc+ar pr+avidw Lander with timely
<br />acvidinos satisfactory to Iader that all inks annw pnreadm s and, if rhquestAad by
<br />Iandw, other ihhpositians have bow paid in full prior to dolb*oncy. If such a
<br />defewlt occurs, or if Boa` vAw doss not provide such evidence, Larder may raiwa A
<br />its veiwr at any tine thereafter by giving written notice thereof to Bor. war.
<br />'ate Funds shall hat hald by Iardar ar. at IandwIs mtim_ in wptho_ r
<br />inrtibuhtian, the deposits or acoounnts of which are insured or guaranteed by a
<br />f4dsaral or stets agent'. Lader doll apply the Flsxds to pay said taxes,
<br />assrsa■ents, in■twom pcamium and other Inpcsitiara as they booms dus procvidecd
<br />thtlt Borrower is not in breach of any ccsnsnant or agr+ewert of Borruar in this
<br />Instshaaent. Larder shall ma)n no charge for so holding and applying the Elands,
<br />analyzing said account or for verifying and ampiling said artcnrcecsmarhta and bilks,
<br />hatless Lender pays awrawsr interest, earnings oar proatits an the FUmIst am,
<br />applicable law permits leacher to nabs such a charge. Borratar and Larder may
<br />egret in writing at the ties of eachstion of this Instrassnt that interest on the
<br />lids sihsll be paid to Bartaww, and unless such agtvsh■erht is sade cr applicable
<br />IM Io%&" psyn o t of interest, earnings or profits an the Raids to be paid,
<br />under shall not be required to pay Bortmew any interest, earnings or profits an
<br />the PU ds. Lander shall give to Bwrowar, without c have, an arnod aciaou kiting
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