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<br /> • TanETHGii WITN all tho Improvamttnto nOw or herostier em�oted on Iho propony, nnd oll o3oun�ont0, ng0udanancoa, nnd
<br /> � � IOcturon now nr horo�Ru�n pa�l ol lho pro�arty.A11 rop4�e0ment�and addfllone shalt also bo oavorod by thn Soourtty Inntrumont. �
<br /> . AII ot Iho lorapoing 1��otorrod lo In thls Soourlty Inotrumanl uo tho "P�opoRy"
<br /> 80F�ROWEfi COV@NANT9 that 8ono�v�r Is I�wiuiry oot�od of tho ootato horoby oonvoyod and hoe tho rlpht lo pranl and �
<br /> ' _� convoy tho Proporty Gnd Ihpl tho Proparfy 19 unonCUmbere�i, exaepl lor enoumbrance0 ot raoo�tf. L�Orrow01 �v9rrUnt9 U��d w1i1 ,
<br /> defenti genemiry tho IUb ta tho Ptoparty npAtnst A11 obbna nnd domande,eubj3o! to any enoamb�anaos ol��ord. �
<br /> � YNiS SECUFATY I[�9THUM�NT Comh�nas untfonn ooven�nM far naUanal uss and non•unitorm aovenante �vith IimROd � � _
<br /> vn�t�tksn�by�u�.adialton te conotlluuto�unNortn 6eOwlN IneU�men!oovertng roal proporry.
<br /> . � UNIFOiLM COVENANTB. 8oaowa and Lender oovonant and sgroo eo lol►owo: � _
<br /> 9. PaymO�t n4 P�INai�e1 e�d i�i4e�esti fr'i6�tayii1fl11t SI{t�LQRC G�t!!!g8&9ur►ew8r eh3u�►rOmpl�y PaY +yhen
<br /> duo tho prinopal of c+nd Intorost on tho debt mldenood by tho NotA and any proAaymonl and tnto ohnrgoo duo unda t�s Nato. �l
<br /> �. Fuods tor Texea end Insura�oe. Su1�Jvot to aAPlloebta 4�w or to a w�ittcn waiver by Lendor,Bono�ver ohnll pay �
<br /> -n� to Londor on tho dny monthy poymonto aro duo undor tho Noto, until tho Nnto Is paid In tu11, a aum (°Punde")for: (a) �uarry
<br /> " ���� , toxa� nnd ut�eesamunle whbh may c►ttein prtori►y ovor thl� Soourity inahumunt as a Ibn on tho Propohy; tb) yoary loanohotd
<br /> � poyments or pround ronts on the Property, N any; (a> you�ry hauud or propaRy tneuranco promtume; (d)yaarty iload tnsurunao
<br /> pramlumo, If nny;(01 ycnrry mortga8o Houranco promNmfl,it any; and(�any numa poyahb by Bo►►pwor to londor In aconrdanco !`
<br /> ' � w8h tha provisktne of ppragraph 0, In Ilau of tho paYmont of mortpaga Inaumnco pmmtumo. Thoso ftams uro oatk�d "Gecraw �
<br /> ,� Itoma." Lendor mny, nt any timo, ooiloot und hold Funds In nn amount not to oxaood tho mnxlmum nmounl n tondor lor o
<br /> ,�. toderaly rataMd mo�4gueo loun may roqu�ro tor 8ortpworo osoro�v aooaunt undor Iho luderal Ronl Eawro 8ottbmont Pracoduros E:
<br /> Aol of 1974 se amnnddd hom tima to tima� 12 U.S.G.�Q801 ot soq. ("R�BPA•), unloas anothvr Inw thnt appiba to Ihv Funds -
<br /> '. •„ sata u b:�aot omount. 11 so,Lendor mny, at flny timo, ao�k�ot and hold Funds in un amount not to mcacod tho baaor anount. _
<br /> lendo�may est�►nto tho amount of Funda duo on the bnat�ol ouRent dnto and raseonabb ositmatos af expondRuroa at Ntuco
<br /> � Hao�ow Itoms ot othonviso in acoordanCO wlth applbable intv.
<br /> Thfl Fundn ehall bo hota In an Inatitution whose daponita pra ineurod by e bda�al agoaoy,Instrumentality, or ontlty(Inotuding � .
<br /> � � Landor, H Lendar Is auah c►n {nstitutton) or in any Fodoml Nomo Loan aAnk. l.ondor shall sppry tho Funde to pay the Esarow �.
<br /> Itoma.Lendor muy not ohnrge Hortowet (pr hatd�p and appying tho Funds,annualy anory:ing tho esarow naoount, or vnrlryMg �.
<br /> �� tho Hoorow Itema, unless Landor payB 8on�wor intoresl on tho Funds �nd epplbaEl9 law pB/R�N4 londor to mako ouoh a _=
<br /> � oharpe. Howeve�, Lendar mny rnquko BoROwer to puy n ontrfime oharpe tor an indeUendont roal estato tux ropoRhg nentoe
<br /> used by lender b aonneotton �vith thls toan, untess appli�able luw ptoWdos otho�viae. Untase an apreamunl t� made or
<br /> appllcnbb law requkes hteresl to bo psid, Lender shatl no!be requkod to pay 8orrowar any Intvrest or eaminpa on Iha Funds.
<br /> � ��� 9oROwer and Lendor mey agroo h wrHing, hpwaver, thet Inte�est shn11 Qso patd on the Funds. I.ander shall giva to Bartowor,
<br /> wlthout oharqe, an annuol a000unlinp of tha Funde, ahowtrtp oredlts and debita to the Funds and the purpo3o lor whbh ouch
<br /> dobil to tho Fundu wae mado. Tho Funds are pbdped ae eddiltona�aocurlty far nll suma eeaurad by the 8eourMyr In$trument.
<br /> ,��.,,,. •- It tho Funda hotd by I.ander axceed the amounte porm�ted to be hold by appl�abb Ww,4andor ohall acaounl to Barcower
<br /> <��4;5. � tor tho axcoea Funds h acoordance wtth tha n+qulromenta ol applbabte taw.II the amount of tho Funds hetd by 4andor at uny
<br /> ''°��` '` timo Is nol 6uHblont to puy tho Esarow Itema when due,lender may so nottry 8onpwer In w�itlnfl,and,in auoh aaaa 8ortawor
<br /> ��`t��� • ehall pay to Lender the emoun!neaossary to m4ko up the dotioienoy. Borcower ehail mako up the dotbbnay N no anore t��an
<br /> � �= °- twelve mw�tAy paymenta,a!Landar's sole disoretion.
<br /> � Upon peymenl In NII ot etl suma seaured by this Suaurity Inatrumenl,Lendar shnll prompty rotund to Bortowor any Funds
<br /> ' " held by Lender. If,undar parupmph 21,Lendet 8hell eaquY9 At 8811 the Propttrty,Londer,prlor!o the aoqutsltion or sata ol the
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<br /> ; �;� - �EpaAy, slta�applys s=sy Fw�tss�3 bY l.�de�e!tha t�+t'°1 a°°-!i1slUon or sal�ne u aredit npninet 1ho sume Booured by th�a
<br />.�), , 5oour(ty InstNment.
<br />��'"��'�` � Qcetion of Pa menU. Unleas appl(cabla law provtdes othwwtse, oll paymonta reoeNod by Lendar un6er
<br /> :,�,t;,�,� 3. App 11
<br /> =,,y�,� parep�aphe 1 and 2 shall be appUed; fast, to any prepaymeM oharges due under the Nate;seoond, to amounta peyabb undar
<br /> P�rapr�pn c�im`r3',i3+it-'w'.:i t.s:�!�s!!t.ts itt?'��'�°-:"-R'!�"1►�+!e gny lqt�ohetwe.g dun urtd9r th9 NOlO.
<br /> r?,�,�!._�- 4. Char�ds; LlOtla. Borrower ehnQ pay p8 texas, assassmtmts, ol+t�, finea and 6npoeDbne atMbut�bla to tM _
<br /> • ��<_} �operiy whbh may ettain p�brlly ovor thls Socurity Instrumant,nnd lensehotd paymants or ground�ente,H any, 8anawer ehnll
<br />-�',`,�,?;��� pay these oblipatbns h the mannar provided in parapraph P, or It not patd in that mannar, Bonowor ehall pey tham on time
<br /> ,,: �<<,.� daoat�r to tho poraon owod paymont. Bonowor ahall prompty 1uml�h to Lendet ail aotlooa of amounte to ba pai�d und4r thls
<br /> parRpraph. If Bofrowot mttkes these peymente dteoty, BoROwet eha0 prompty tuml�h to Lender reoalpts bviaenafnp the
<br /> ��:,;�,,: paymante.
<br /> f���:t.7 Borcowar ehAll prompty disoharpe anp Ibn whinh has prlpriry over thfs SoourNy InoUument unlaso 8ortowor: (a)Aprees In
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<br /> =::�,5�._._ wdthp to the payment ot ths obllgatbn oocured by the ifan In a menner acceptabl�ta L.ender, (b) conteote In gaatl WAh t e
<br /> - - Ibn by, or detends apalnot ento�cemenl ot the Iten h, lepal p�ocsedhpa whbh In the 4ender's apinbn opomte ta p��vent the
<br /> �� entoroement of the Ilen;a(c)ssaures kom the hoider o1 the Ifeo an epreemanl satls�iatory to 4ender suDOrdinathp qthv Ilen to
<br />'"�i w thla Seau�ity[�siNmenl.If I.endor determhea that eny part of the Ptoperiy Is subJoot to u ibn whbh may attain prbtNy ovor thls
<br />'�'��� 6ecurNy inatr,�men1.Lender may Qh►e 8onower a aotkA Identftylnp tha lien.8ortow�aheil eatfaly the lien or take ono or mare of
<br />-,�,;;�..: tho aatbne set foRh above withb 10 daya ot the pivinp of oot�e.
<br /> .`;� ;�- S. Haaard or Property Insu��l1Q0. BoROwar ehall keep the tnprovemente aow oxistinp or hareafte�erectad on the
<br /> "•�� Property Insured agahot bsa by fte, hararda inoludad withln the tem�'axtended oovoraga" ond sny other hamrda, E�oWdhp
<br />-'`?�"'f�i� fbod�or Iloodtnp,for whbh l.e�+der roqulras haunnce. Thls baurence shAll be mulntalned h the smounts and tor r,�a pe�fads
<br /> a�?!,•.rh
<br />�-- _ �� that Lender requkae. Ths Insurence carder providhq lhe insurance shap be ohosen by Borrower subjeat to Lendel's Approva
<br /> __��,�— whbh ahall not be unreasonaby withhetd. If BoROwer lalls to mahtah ooverege desadbed ubovo.Lendor may.at Lendets
<br /> �����•� optbn, obtuin oov�t�pe to proteot Lender8 riphta In ihe Propettp in eCCOrdanae wfth pateqreph 7.
<br /> --l�,.F_:;;�� All haurance poibles and reneweb ahall be aaeopl.Rbl� to'lendet and shall Include e etandard mort9age cku►ao. lendor
<br /> ;:�'.�r���'� shall havo tho rlpht to hold the polblea and renewpls. d?4snder reQukee,8ortower nl�aU prompty pive to t.end4r aA recapts o1
<br />,;F:;�•c; - • pald premluma and renewal notbas. In the event of bss..qorrovrer shall plva prompi c+atl�u to the t�surenco cartbc and Lendor.
<br />; ,;,.., '` Lendar may make ptoot o4 bsa il nol made prompty by 8�rtower.
<br /> ���' Unbse lender snd Borrov+er otheiwise apreB b wrnlnp, Inaurance praceeels shan be applled to restoratbn ot�epak of the
<br /> - - -� Propaty damu9od.M the rostoratb�or ropat b aoonom�aiy fea9bp anJ la�d�o spcurfty is not lasflenod. If the restor4lbn or
<br /> ;�,,.;,���',�;' repak Is not oaonomioaly feasibl� or Londers seouriry would be tessene�,the fnsuranca proceada shatl be applbd ro the sums
<br />' '�.,;., ,. Securpd by this Security Instrumant, whethsr ot nW thr,r� due, wNh eny excesa pakt ta Horrower• If Bortower abandons tho
<br /> Property, ar doea nat answer wUhtn 80 days a not�Ce harn 4eader that the Insuranoe oarrler hae ottored to ueitb o olaYn,thon
<br /> - - - — tender m�y g6iG70i titi8 i�9utdiiCB pt�d..°• lert�! riiBY u98 !!19 p{@!'.MdA � repat or re:store the Propettfr or to PaY sums
<br /> ... . ...
<br /> � � �, eecured by this Securlty Inatrume�►t,wh2lhvr or not then dua. The 30�day poriod wiii bepin whan th0 nOtbe ts 0►von•
<br /> � `+ Unbsa Lender and Qortower othenvise agre0 In wrainp, any appticatton o1 proceeds to pnc�pal shau �ot cnctend or
<br /> � postpono tho due data at Ihe monthry paymenta refamcd to In perayraphs t and 2 or ohange !he amount o1 the paymonta. lf
<br /> .,.dr'� under parepraph 81 the Property Is aoquted by lander, Bortov�e�s riyht to any inaurnnca po�bk�a end procoeds resukinp trom
<br /> !�` ' ? danwpe to the Propwty prbr to the acqulsRbn ehaN pase to londo� to the ektent of tha aurnu by thts SoaurRy InsWmont
<br /> " • � �`� tnmodi�tory prtor to the ctcqut9dbn.
<br /> ' �;� 8. Occupanay� Proservatton. Matotenance and ProtecUon of the P�operty; 8orrower'a L.oan
<br /> Applic�tlon; LQifOhOldi.BoRawer shaN ocaupy,estnbRsh, end uas the Property ea 8orrower'a prinoaal res�dence wll�tn
<br /> abRy days a i t a t he exeau t bn o f t h l s S e c u r i t y i n s t�u m e n t s n d s h a l l c o n t i n u e ro o c a u p y th e Pro p e A�r as 8orrower'o prha�al
<br /> • resldence for a1 least one year after tho dato of occupanoy, unless I.e�der othervviss apreeu In w�tinp,whbh conuent ehn9 not
<br /> ' be unreaaanaby wphheld,or unlasa exte�weth�otcumatances exisl whbh are beyona Bortowere oontrol. 8orrourar shaA not
<br /> doa7oy,E�mtyo w Impnk tho Propwty,allow the Pro�ty to deterb�AtO,or commq waate on th�Property. 8onower shnl ba b
<br /> ' dotauM N any fprfeRuro actbn or procaeding, wholABr oNii or crtnnab �9 bepun that In Lender'8 q�d leiili Judyutenl COUki r�75uh
<br /> � h toAakure ot the PropePtlr or otht�wise mato�ialy impYir the Idn creatod by thts Securily Instrumt�nt or Lender's aecurity bioreLt.
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