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<br /> TOOETHER WITH all tho tmprovart�enta nov� or i►croaftor er[3otod on tho properiy, and otl caecm�t�, eppuRentu►cgs. nnd
<br /> fbcturoa nor�on c�resfter a paR of tho propeitY. All reptaaomonto nnd nddq�one ahnl!atso bo oovcrod bv thls 8raurity inQtrument. .�
<br /> All of the torepoin8 Is retorred to b tAtB SeaurUY Inntrumont nu tho'Pio(saly."
<br /> � BORFtOWER COYENANT3 thn! BOrcor�er Ia I�rr(uity aolno0 of tho osu3to haraby aonvoyod nnd hno tho right to prant und
<br /> oonvoy tho Proporty and that tho PropC�tY lu unoncumboraE, ouctopt for encumbrnncos of raaa�C. ��'��� wunnMO und vrill •
<br /> dafend gen�mtry tho tttb to th�Proper4y ngu�nst ull olafmn nnQ dcmanda.aubJeot to nny cnoumbmnoas of record.
<br /> ' TH18 SECURIN INSTRUMt�NT combtno3 unitorm oovnnnnta for nntlanal +iao and nonanifortn oovonnnta wlth nmltod
<br /> � varinttons by Jurisdbtton to oonaUlut2 a unNorm Qeaurlty In4trumont aovorinp reel properiy. �. �„
<br /> UNIFORM COVEi3ANTS. 8orcower nnd Lcndcr oownant nnd agrc3 na toeowu:
<br /> 1. PeymenE m�P�lu�stpa8 ond le�teroot; PrQ�ny��oi�¢o�id �.a4o ChcrOea aorro�,cr ahn��promPtry aey�nn� �
<br /> duo the rinnipnt of and lnterost on Mo de0t svldsnced by tho Noto end any propuymont and�nto ohnr�ea due under tho Noto. •4, n
<br /> 2. �undo for 7c�cea �na� lutsur�nce. SubJoot to applionbto t�w a to n wrUton viulvar by Lenda,8ortowor ohall pny `
<br /> �� to Lender on tho day montnty OeYmonta ere duo undor tho Noto, untll tho Note Is patd In h,it,a sum t"Funds")lor. (a)yourry �
<br /> . •-:-"�• texes end assessmants whtah muy attain prbrity ovar thta Soeurlry InoWmeet as a Ilen on tho Propetty; (b) YearlY Ieaeohoid Q � .:���
<br /> ' ' paymonta or ground rents on thq Propahr, if any; (o)yoarly hnmrd or proporty lnsurnneo promluma; (d) yoarly 800d insurance ;.
<br /> : premluma, M any; (v)yearly mortIIape Ineuranco premiums,B any; an d(�a n y e u m s p a y a blo b y 8orcower to Londor In acaordnnae V -y
<br /> wfth the provlsions ot pam�ruph 8, tn Ueu oi the paymant of moAgags Insurance promiumo. These Rems are e+i�led 'Eserow � �':`
<br /> i t e m a" l e n d e r m s y, a t a n y t h n e, c o l l e o t a n d h o l d F u n d a I n a n a m a u n t n o t t o e x o o o d tho moximum omount tt Iander br a .}y��:Y,
<br /> " fedoraily rol9ted mortgsge tonn may rc34ulte for Borrowor'd esorow ucaount un der t he f o dora l F i c i t t l E s t a t e S o I t I B�e io the Fu ds � }:'"a,
<br /> " Aot ot 1974 as amended hom ttma to tfmo, 12 U.S.C.�?.8Q1 oc saQ. ( PESPA'), unless anothor Iaw thut app
<br /> seta a�esser amount. If so, Lender mny, at any tUne,aollsot and hotd Funds In an nmount not to exceed the tassor amount. _
<br /> Lender may esdmate th9 amount ot Funds duo on the baoie of aurront dnte and roasonabta oatimates ot oxpenditures of tuturo _
<br /> , • L Escrow Items or otherwisq In accordanco with applbabl9 Inw• �
<br /> . , � The Funds shali be ha�d (n an Instkutton whoae daposNs are Nsured by a tedernl agenoy, Instrumentality,or entay (t�oluding t!;:__
<br /> : '..�4 Lender, if Lender Is auah an InBtitulion)or In any F6dOrAi tiomo loan 9anN. lender ahatl appry tha Funda to pay the Escrow ;^:___-
<br /> •��' ItemB.Lender may not oherge 8ortowor for hotding end eApty�ng the Funds,annualty annyzing the oscrow aeaount,or verilyinp
<br /> ' ''�'�'fi��-� ' the Escrow Itsms, untesa Lender pays 9onower Intemst on the Funds and applbnble Isw Permks Lender to make auoh a {i��;=
<br /> '' "���,+�^`������� cherge. Hawever, lander msy roquhe BoROwer to pay a one�time aharge Por an tndopendont real ostat� tax reporting servbe �,s-,
<br /> ..� .5.��+...
<br /> '.'"';��`'"� u9od by Londer in conneotion wkh thls ban, unless apA�icBbie �ew pravldes othonvioo. Unless an agreomant ia mado or �'��,,?�
<br /> �.::��•:;�.,t�;,�„•�� '�.
<br /> ,.,:�,�,• ,� appllaebie�aw requkes Nterest to be pakf. Londer ehail not be requUed to puy Borcower any �ntereat or eamk►gs on the Funda. �._
<br /> �;. °� Borroweu and Londer may agree in writin9, however, lhut interest ahali be paid on the Funds. Lertdet shsll gNe to 8onowor, �;_:'rv;`
<br /> .:;�,�;�,�},;.•� � wfthout oharge, an annuat accounting o(the Funds, showing credtts and deblts to the Funds and the purpose tor which eaah _, �'
<br /> � 'r�'�� ' deblt to the funds waa made. The Funda ero pledged 4s addittonal ac:ouri2y lor all euma eecured by the Soourity Instrumont. ,`_
<br /> ``'� If the Funda hatd by Lsndor exceod tho amounta permiltod to be held by applbable law,Lr�ndor ahall aaaount to Bortower i
<br /> . �•�:yr::�� '.
<br /> •`•:�f••1�, � for the encoss Furtdu in acaordanee w4h tho requlroment� ot applbabte law.If the amount ot the Funda hok! by Lender at any ____
<br /> `�:��{5�•��� time is rtot suffbfent to pay tho Escrow Itams whon due, Londor mey so notiy 8orrower in wrrifng,and, In suoh oase Bor�ower
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<br /> '� ^ shni►pay to Lender thA omount nacoasery to mnke up tbo deiiofenoy. Borrower shnY mako up the detkienoy h no more t an
<br /> �` r:r�.rs manlhl;peymantu.nt ianders aob dlecrotion. --_-
<br /> � Upon paymont h tuli of�A auma secured by this 8oaudly In6bument.lenOer ehaif prompiiy rob+i��i ta t3�st8.i�. �ts�Fund=
<br /> " „� held by Lender• IT,und0r pernpreph 21,Lendsr ehalt aoquiro or eell the Property,Ler►der�prior to the acqutsEtbn or ssle of ths
<br /> Property. ehall appy any Funde held by�ender et tha ttme of noqufsitlon a snle sa a orodit apalnat the sums seourod by this
<br /> . � 8eourNy Inetntma►f. -
<br /> 3. I1pp11oatlAn ot Peyme�te. Unlase apD�tbie taw Provldea othetwiae, n11 pnymenta roo6lved by Lendr► under
<br /> • paraqnphe t and 2 ehal�b9 epplkd: tUet,to any propaymant aheraes duo undar the Noto; aeoond,to unounts payable under
<br /> rap
<br /> parapreph 2;thkd,to htDroet dus;fouM, to prhopal dua;and tnot,to any�te oharp�s duo und�the ote.
<br /> °� � �� 4. ChBfgei; I�AO�I�. Bortower shn►I pay ell torma, aaoeaoment9,oherpes, tlnos nnd knposEtiona attributabte to the
<br /> Propert�r whbh may attaln prtorriy aver thta Soaurltyy Inobument, ond inasehotd paymento or ground rente�M any. Qonowar ahaA
<br /> " pay thess obIIQaU�u►s fn tho manner provlded In pnmtimAh 2� or H nW pa�d 1n that manner.Barrower ehall pay them on time
<br /> , dkeoty th tlt �orroQ�or mafesoyt�oue p ymonla dlrootryro B�n wor�sho! D a Ptye�+mlah�to Londer�recsip�ts�pevdeno 8 he
<br /> Perep►aP •
<br /> . . payments.
<br /> 8orrower ehalf prompUy dIDCA3ego uny IY�n whioh hua priorlty over thb Seaurity�nntrument untese B�w� (�)eS��g h
<br /> wrftinp to the�yment of tho oDll�ntlon sucured by the Ibn In a maru�er acoeptabb to Lander: (b)oontasta h good fakh the
<br /> „ tlan by. or dofends o�alnot enfor�emont of tho Ibn ln, I�gai procosding� whioh in the Lende�e ophbn operata ro prevent the
<br /> "� � f., �.:�. . ento�Cement of tho Iien; or(c)eeCUrea from the hold8r ot the llen an agreert�it satbfactory;o !ender eubordhatk►0 tt�t�tian to
<br />_�"� this BoeuYdy InstrumenG If lender dote�mtnes thnt uny pnrt ot the PropeRy�aubJeot to n flen whloh may nttah prbriry ovar thl3
<br />-� • f Securky inaUUmonf,lendar may 9Me Borrowor a�oti¢o tdentlylnp the uen.Borrowor shail satlaty the lion or feke one ar mare ot -
<br /> � the aotbne set torth utww within 10 deys ot tho givinp of notiao. --
<br />"' g� bpZ�tp1 p� Ppp�1lY1y Ii15t1P8RC�.13ortowor ohall kuep tho�mDrovements now existing or heroatt9r 6rt;oted on the Y^_.
<br /> -_= PropoRy Insured e�atnnt tnoa by flre,hc►zuds Inoluded wfthin the tam "extended ooverage"end eny other ha�mrda,holud�ng �,._
<br /> - � �'ir" floods or H000ny,tor which Len�n �n4utras Matuastco. 'm� �^9�►e^'�a ^hap bo mnin4atnsd In tho emoutHS and for the perbds _
<br /> � _::'Ai�;:._: ����+r requYoa. TRo Inaurenee eartier provfdNg tho Nouranco ohnll be ohosen¢�Y 6ortower subjoot to Lendur'e npproval
<br /> ..-�-�''`�.. -;:�— :.�!!Mh 9he!!nn�qg ��nreaaonBbN wil6hold. i( 6otrawct f�l� to rc�nNE?��avaago �utibOd nhove� Lnndet msY. 8t tjlnd9r�
<br />-�����. � optton, obtnln cocerago to protoct Lenda�a nghta fn tho Property m acoordmroe with puraQropn t. -
<br /> t ' AII Insuraneo polfctea c�nd ronownis shatl be a000ptnbte to Lendor and ohall bxslude n atundard mortgapo ot�uso. Lender _-.
<br /> aha0 have the�ht to hotd the pol�bs and renownls. It Londer roqulroa,8orrowar aAaA promptry phro to lander Qii re¢slpts of �.,.;_-
<br /> pnld premtuma artd rz+nowal not[cos. In the Erorm t o t losa,8o r ro w e r s h u q g N o p r o m p t n o t i c o t o the Inauranco cnrtbr and Londer. �•.•-,
<br /> a`•: t.�ndor may mako proof ot Waa B not mttdo promptry by Bo�rowor. k'E='`
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<br /> ` � Unbss londor ond Borrowor othurwlae agroe In wri11n0� Innuraneo pr000ado nhutl ba npptied to reatoratton or ropatr ot tho �,�,-�
<br /> , , t , p�ppptty dmt�ctgttd, If¢tto«�nto►atton or repnlr lo oaonombnly toaotbifl and Ltindcu'o 000ur(ty Is not bsaoned. if tho roatoratton or _
<br /> ,: ; � ropnlr Is nat eaanomlenily 1�analbio or Lctndors aoourhy�vauld bo leusenod,tho lnsurnnao proo�da shnil bo epplbd to tho oumn
<br /> �eaured by this SeaurNy InaOumont,whothQr or not thon duo, w�th anY oxconu Pnb to 8orrowcu. If Borrowor abandons tho �`�
<br /> ea "
<br /> Property, or does not unuw¢�wtthin 30 dnys u no2bD lrom I.andcr thnt tho inournnco oarrk�r hae otforod tn aettle e o�alm,then
<br /> � " " L�dor mey aoileot tho hnamrtco procosda Londer may uuo tho proaoodo to ropnlr ar restore tho Propedy or to pay suma ��
<br /> � seoured by thhs Svourtty Inutrument,whothor or not thon duo. Tho 3Pdt3y p�3riod wlll bogin whon the notiCO is 9ken•
<br /> ' s Unbsa lendor und 6oROwor othwwiuo u0roo U w�t�n0� anY aPPUOa«on ot praooada to prinotpnt ohnq not cuctend or
<br /> -� � � - � -�� p08tpOno the aue date of 6'ttt rtitGnthiy p8ya�stls retQROd t� �Pam9n►phG t and 2 or ohnnqo tho amount of tho payments. if
<br /> ' � undor paragraph 21 tho Propeny lo ecqulred by Londer, DoROwora rlght to any Mauamce polbies nnd proaooda rasutting hom
<br />- -- -,---- - . ... �,,e c....�.n. .v�nr re tnn acnuL�@Eon ohatt pAOa to Londor ro tho wROnt of tho auma by this Soourtty Inatrumant �
<br /> - - - - ......� ... ..._ .._�--•. � -
<br />= Immodintely prior to tho acGuiottton.
<br /> �• 8. Ocaupancs/, IPreeewaUon, Melntonanco and ProtaaYlon ot tho Property; Borraviror'e Loan
<br /> /1�lp1�C8tjml0� L@8lSeQiAQ61m. Bortowctt ohnU oCOUPY, ootabfl�h, nnd uoo tho PtopElrty n4 Borrowort3 prinolpIIl ros{donCO wGhtn
<br /> s6dy days nfter tha or.oeuGnn of thla Sueurtty InsWmont and ahe�eontlnuo to aeoupy tho Proporty as eortowcu'n prinoi�ut
<br /> residonco tor at leuat ono yoar sftor tho dato o}000upsnoy, uninas Lnnder otherwN3o ngrooa In w�ting,whbh oonaant ohall not
<br /> ;'-'=,•;<�� be unroaeanably wltMhuld, or unto3o oxtenuating oaoumatanoos ox�st whbh nro boyond Borroworo oonhul. Bort�war ohail not
<br /> w :�;1;•�j�i�:� . dpgtrpy,damsgo or impatr the Props�ty, albw tho Properly to detoriwuto,or commit v,acto on tho Propor4y. Boaowot ohnii bo in ;;,
<br /> •�;��'�` dc3fauit ii any tortelturo nCtlon or proceEShcng, whothor aNii or arlmina4 ts bogun that In LondePa good faith judgmant could resuh <,
<br /> ,�,<,..
<br /> ;.�{��1;r ,. ,;�,;1 In{cRc�t�,ro of tho Properly a othorwtae matsrtaNy Anpnir the Iien orc�tod Dy this 3oaurity Innburrton4 or lendoro socudty Interost.
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<br /> - .(�,Itti��1`+ F13t0.1M0(1lOY) pop�0 0l 6 .,
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