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FSO <br />r <br />f <br />U NII oR St CM I VAN I% Harrower avid I .ender covenant and agree a% It Mow % 90.10 0:, U 1 <br />1. Payment of Principal and Interest; Prepayment and Iaitc Chllrlie %. Iforrawef %lulu prtanplb fiat% when slur <br />the principal of and interc%t ore the debt c%idenced by the Notcand any prepavoicol and lute chat gv% ilur under the tit `li <br />2, Funds for Taxer and Insurance. Suhjeel to applicable l;lw let it, it written w;n,er by 1 rndrr. Itorrowt.r -.hall file% <br />lei I ender on the day monthly payment% are due under the Nate. leftist the Vote I% paid In full, it %tint 1 "Fund," I squall It, <br />une•twelfth of dal yearly late\ and a%%e% %me:nts which may a Lion priori% mer rill% Security limminrot. the %earl% <br />leasehold payment, or ground rents on the Property, of any• let yearly haiard omirance prenuurim and Ill %earl% <br />mortgage insurance premium%, If any. fhe%e Item% are galled "e%crim item% " 1 critics ittay a %i n ale the 1 und% due file the <br />ha%is of current data and rea%onahle e%limute% of future e%crow• (term <br />'The Fund%shill he held in an institution the deposits or accauni%4 whr:h arc• tenured or guar,rniced h% a lideral tit <br />state agency (including Lender if Lender is such an instuuteon) I ender %hall appl% life I und% It, p,q the C%ertiw urns, <br />Lenaler may mil charge for lu,idelig and applying the Fund%, an;d%iulg the ae•count or %crok. top. the;' c•\cruw rem%. uudl•%% <br />Lender pays %trn, %er uuerest tan the funds and applicable law ivrenits I Crider tt, male such .I :barge Harrower and <br />I.ender may agree in wrrung that interest %hall ioC paid on the Fund, Unit-v% an agreement I% nulde or it pill Ula <br />rcyurre% Interest to he piled. I ruder shall not lic required to pa% lorrower any unercm or earnurg% on the 1 und% I Coder <br />shall pix a lq Wrrower. w tthoul charge. an annual accounting tit' the Fund. %hitwlne c redlt% und dehu% tit the Funds and the <br />purptlsC lily ,lire: h each dehu to the Flisro% was made I he Fund. "ire pledged a% Jd%htn %`rr.ai tectirity for the sums %CcurCd by <br />this Securit,' Instrument. <br />If the amount OF tbC Fund, held by Lender, together wish the future monthly payment, of Fund, pa%ahle poor It,, <br />1:he due date% of the C%cr., w hems. %hall exceed the amount reyurred to pay P::e C%:row Item, w hen due, the exec %%,hall he. <br />at Borrower' %option, eli�3er promptly repaid to Narrower or credned it, Nnrrawer tin tnonihl% p.t%►nent% of I let ;•.d, If the <br />amount of the Funds held by I ender 1% not %ufliclent to pa% the r%erow nenl% w hen due, Harrower %hall pay to 1 e•r, :_' any <br />amount nvc -,, :,fry to male up the deficiency fie one or more pa%nlclll% a% required h% I ender <br />Upton payment n► full of all sum, secured M the, Sccurll% In %truntenl. I ender %hall pronlplly re i nol to N.,rsawer <br />;Iny Fund, held by 1 ender If under paragraph 11) the Property l% %old tit .required ht I ender. I Coder %hall apply. no Liter <br />than Immcdialely prior to the %ale of the Property fir u% acqui,uu,n by 1 ender, an% Funds held h% I Coder aI file lime of <br />application a %;l credit against file %unt%%ecurcd h% IIlls Securlt% In%trunu•nl <br />3. Application of Payments. Ilnh•%% applicable law prmide, olherwt%C, all I -s% meno. recei,ed by I ender tender <br />paragraph% l and ? %half t+C applied first. i(, l:ltecharteC%due under the \I 't.• •e vi lad, tit povilayment char{le%due under the <br />Note. third, toanrolmin %px•..Wiv bluster paragraph 1. Iiourfh. to inleic%t tlre. iJ%t, tit prin :lpal du,: <br />4. ( *barges: Lien:.,. iitlrmwvt %hall I%a% .111 fate%. ;e%,rs%naut%.: Irl',. %. fulv%and nnpasnr, Ic, .enrlhut;lhle It, the <br />Oroperty which may aualn pnortr•i .,%er Iles% `t• :unt% 111,Irtlr^,.lvw, .tt.i It•.I,vhillld p.l%nf•n1% for pr ounfl rov" 1l!, an% <br />Kirrower %h.. ll pay these olillgatlon% In the manner firmi4icti ir r 1",rhrlph '. of It mit p,ue1 u► Item nlJnm r, %%: %hall <br />pis% them dirt ;ante dlreclh its the person itwed pa, oleos Hi,rrmi ; r %hall prompt l% fill 111011 It I I Older ,f1' r..al, r% ,`;' 3:' 1111111% <br />to he paid under the% paragr:yth It Horrowet Imlkc%ihl•%e {tit %ment, dlle.flt. title rimer %hall prt,ltlfith tl1rni%h 1t, I cutter <br />:'easelPH e%ldenclrig the pay mein, <br />Horrttwer %hall promptly discharge ;ill% hen which h.l%preont% tort Ilo%S4,t fit in lo,ttunlcnt unle,\ Iforloart tai <br />agrees In %riling to the paymcol of the obligation %r %tired h► the hen m .1 Isannrr far filJhlr to I ruder I hl caftly %!- , b.•t'tl <br />faith the lien hy, u4, detirnd% :1{ram,t Cntur:Cml nl tit file hen 111. It—gal praiet•dmg% „ht. h ill the 1 cntirr % (11,11111111 t,1•,•' ) le to <br />proviet the enttlrvenlent of the hen tir lorli•o11re fill aft% part tit the 1'lo;a 1 r, l,l It I %reure% Irmo the holder t,l ncc hen .ill <br />agreement %at%tactor% to I Cutler %telotirdmJtmg life hen to 1111 % Set. ure% I,4,,'. .Ini•nl 11 I l-ntt4,t list t111lre %that .111% pall .,f <br />- <br />:' <br />:h; Property 1, %uhiCCI 141 .1 IICn wlerch InJt atl.1111 prfllnt% tact flu% %c.urlt% In%uu11unt. 1 elated tn.,., r:% (t,•ntn%rr .I <br />nonce ide:nllf %mg the lien liorrowef .'tall %311%1% the hen 411 14..• --Iv t,r mtllr t,l thr.f n „n %Cl httlll Jh , :. w,�l; :l ' t tb%% <br />,lf the giving of ooltce <br />+ +— <br />S. Hazard Insurance. Harrower shall m,%% 4,,i %ling „r herr,dtei cn'ctvd till fill- d'r.•pert% <br />Insured agiow lo%%h% tire. haiard%included w nnt. 1,7.%l Iernl •'r,tcIl did %,I%er.lf;e.' .ail ani, „elect halartf% I'll %%hl h I ruder <br />requires ul.uran:C 1111% ftt%1lrance,hall Iq, nhnnl.uned In tilt, .unt,l,nln alltl 1,11 tilt' 11r1I „th that 1 cutler letlinte” Ibe <br />imur:ufct: carrier pro,lding lire nimerance %hall he eho,en h% lit,,r.,wcr %uhfetl t„ I ender% apprtnal which Omit Writ hi• <br />unreaminahly wltl►held. <br />All insurance plthcle% and renewal% %hall he :1.:C{ilahir III I ClIjj.L i 1'•d shall lea hide a %iand,ad little ig.1ge , I.uI %c <br />tender %hall halt Isle rrl;,:! h, hold the Full 1Cle%JII-r renew,,l% It I Cndel )•:..•. e%. III'rl"iAt t \11.111 pl "nq,lh gi%C t„ I Critics <br />- Areceiptsol paidprene,,wrisand rcnrwal miser% Inthe c,.nt,it Its,,. It . ..4,t %liall'r%v pi.,inpt n,•lltc to fife 111%111.111L 4' <br />carrierandIender 1cn%. rrm,,% make pet tIttitIts %%Ii fit tI11.1IX:1 lu ill h"•% lit lrrtn%er <br />Lit <br />(.isle%\ I Cutler and Harrower m tier wl%e agler In %% ;,ell,._ : , %.a.ulre I•n,,1Of%41.111 he 1111 11 I" to %n It AIIt1 :I1.11 r <br />of the Properly dantafed of the remor,nitfo tit rer•.roc ,, , :, t;, l-.1 tJ01% tt•J%►hlc .111,1 I , 11.14,1,% %et illfl% 1, , • 1 1l-.,: tl,!1. 11 fill <br />re%loralloll or repair 1, 'It,­ tteitlloinicalb Il•ambir - I Celdll % %fit title% %t r; ! fit- lv %%vo ell. lilt' III \111.1: .'r j''.'t' :14!. %ll.dl Ill. <br />'ly,en <br />%Irumet. %%hohet ,,t iw( <br />Vithed te, life %fine% %ceur,:tt h% Off% Secterll% In c due %% fill .un l ice %% I J11 1 ' rlt.•f•.•%►CI 11 <br />Mirro%er abandons file Ilralviit. ,,r list% title .uLwcl wn11111 ;;0 %.1 nl,t,te 11 "Ill 1 rndrr that i11c <br />offered to sIrIlle:1 claim. then 1 cosier. 1` •,% %ailed the nt%ut.r. , ; ' .•.reds I eudt.l 111.1, u\t. the fits•. crfi% t1` <br />the Properl% or to pa% %unl% %evuret!',% rill, Slerunl. In%trun'; ".1. %%lerlhej , 114,1 thee• "lilt. I h: 111 t1.. %, !`4,11•`11 a ' "rFln <br />when the nuttct• m Fitrr, <br />UnIc % %I coda•t .1, %af Olorrowt•l- 4,ihcr%i%v aj; viii �l'1't. ',,f111 .1p(`i :..11' :'!11'1 pl,,;tti♦ <br />lumpettic life'dUl•dJfl' +it Yfll'nU,lll hl% jmf lnclll% liferlell''t••j ")xt.q`h% ,ltltl: ,•t :'.4,.r '�Ir ,1•', ,.1'.•I :! %, "1••111•. I' <br />iiiiiiiP i�eitei'il a •1 •rti• w,,1.. tniRltr% I t'flliel. 4,F' "•. %il 1111„,111\ 111••••" e,.• „ <br />1 g ;•v:, 4,.,.t( ,seta• ' : \ulhnl <br />frolindainaticwil,tl'rf•petl%p► tern,oht•,uqul%111--v ha' :(,,, % :• I,-tl %i01- -flit' l.: art.k it: frill % %fill%`4etllnl% <br />InHrunu•sl nnnl.•dlJf,'1, {sits r ,.• Ifrr ,t.y :4,,r• ,. <br />h. 11rutt rvahunand'11,11aiatenance ••ll Pritpmrr): l etna•h,rld %. If • . ,.• r %ir.11I tt.,f .liars,•% ,imn.wt ,•r .,,►`.I.Int alit% <br />chanize the Pta{llrl%. :fl{,•% the 1•l-, {.rrt% •.•.1001tr. 110l• I -. ' :lt %% 1•' It fill, %t', 11111% ItI•.11.,n1, 1:1 t+ •I, ., L.1,t h.•Lt <br />Ittlrtimcr%halleonillh %Allhlha•(,►.,%t %ir•R, t :Mrru•'.1%1 coif I11•,h•Ni'I.,,,flllrr.tr.•fill, I_- Ih, III - •I',f1% 411, 1, 1.. h, d.1 ,n,i <br />— - <br />feelllde %hall 11111 inciI :little%%I vildet .fly il's♦r., .'11, 111rrltt r n , rllllly <br />7. Protection of Lcndcr'% Right% in NIe Prt.prrts; 'Islortuaur In%ur.lncr. It Ii „4,I,•%%, I f <br />Clt% ell. till%: Nld.lglt't'till'111 %eotltalnc.1 III fill%4•.unt% Its,lllllllt.nl..`I tilt-it 1,. lit- r•.111'I,•.rt.11flp111.11 If. I. ,•..,I,, „,i�, _•,. . <br />I cutlet'% rlgbh Ill file Ilt.,Iwfl% i,u.h .f%.1 tittgt-edoig 111 hallkIlipt,% 11I.411f, '.•1 ..,ntlt'1111I.W.'u ,,t ' ,. , . 1,4­1 <br />regulunan %I. then I rndrr nIJ% th,311111 pa% I'll wh :llr,vt 1 %tic,t. %,.1l-, h, 1`f,at , I Ill. % llut . r fhr I'r•q•, l-1% Jt1.' I , 1. 1 • 1Ic11f, <br />111 [let- Pt-111K11% 1 older % a.114111% Ilu, fn, Illdf. 1,.Mlig .In% %ulll% %e, ills•) I`% i ,, n A1101 h11 I•ll.,fit% - %. t Iltl, %...n,'% <br />Ill %11111he111. J {,fk'.111t1g III t,llll I`JItlog 1CJ%.,11•Ihlc .Ill, If ill'%, tii%.IIhI t 111rf iiy' t, ,!u d'•. (, I'% I., 1:111.•' I ( 4,r \ Ih. „ 1• <br />I elldl'I inji. t.11%C .1. tl. ill lltldet till% lml.gl.1111 IViltli't 0.14” 11,•111.1 %t 1.•,t•• <br />111%.Ial„u11t%%h %tiut%ulh% It fill( l undo fill,v.u.1plai•II' If 1;:1•. 1. Ill• %. <br />J <br />X1%11111% ln%Illloit 111 I lilt•%%Hotlt,% %4,l .,rid I,nttrr .lfrlit I. - Ihtr f••.• , •I ',n .. ,Ili ,t i. .. <br />f1 <br />the .last• Of II,h111,cnl1 let .11 tilt, 1, I, I.111 IlW ,11.111 t., L,, %.11,1. % • , . 1, . 1 ' I I, <br />�) <br />rryur%hnR I,,4,%nlrnt <br />_j j <br />