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<br /> --- - UNIRORM COVENANT8.�nrrowe�an0 4ender cove�ant and agree ae tollaws: �S��Y����`�;:���:_.�,-l-:�.
<br />- ' 1. P��lolP�Ino�pwls�Mnn�ttPnpq►m�nt�ndl.�t�Ohs►�s• BarrowershallprompflyPaywt�enduethe ;,�;�u,�;t��,;}�;��;::-
<br />�,,._,�.��,� p►inolpal of and Interest on ttre debt evldoqoed by the Note And any p�epaymeM and late ahar�ea dua u�dar the Note. ,�,n1:�.�;;�t.�.___=____
<br /> � .� 4. FueldsforT�xMandtmtt►anee• 8ubjeottoappUoablelawortoaw8ttenwaiverby4ender,8orrowerehatipay l,, �,�;,"�� '?�.`� � .
<br />��-^s�•r to 4ender on the da�r monthly peymente are due undar the Note,untif tha Noter Is paid i�futl,a sum("�unds"f equa�to m�;�aF � a -
<br />� �.�� one�tweftth of;(a� yea�ly taxes and asaeseme�ta whiah may attaln ptlority over this Seaurlty inetrument: (b)yeArty � 1 '� r��' '�'`�;�e -
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<br /> �' Ies�eMab psymenb o►pround ronq on the P�opariy, It e�y;(o)yearly he=a�d i�surnna�premiums;and (d)yeArry E�'',;`�+�'�`�.�h`��'���'�t�'���
<br /> �Y"�.'ytr��. a ti_ ��i��S:.:�7A e,..
<br /> —��c� .,�.:i:,: mongage fnaurenaepremlums.it eny.Th9se iteme areaatled"eeo�ow items".Lende►may esllmate the Funds dua on the �=tiS, �?,.�;;N.,,;:� r t..
<br />�.:,�tG'��y^��;`+:`"; besis ot current data and reaeonable ealimates of tuture�acrow Items. :},�'����-'�°�-�sr� �+�. ,��, -'
<br /> � �� s�?. The Runda shetl be held in an instltution thadepoa+tao�acaounts otwhlch are fnsured orguaranteed by afederat or t � `°'� �i�f t ,;YS••
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<br />-;,r_ .�, state agenay(inaluding I.andar It 6ende�Is such an Inatitution�.l.ender shall appiy the Funds to pay the escrow items. ti�s ; � :`�,�r z
<br /> �1u+��� ' ���� 4ende►may no!oharga tor holding and applyfng the Funds,analysing the aceount or veritying the esarow iteme,unteas ��; ° � : , ;;�
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<br />-,r:;y�;x, �.�•;��s�� leeder pay8 8orrower intereet on th�Runds and appticabla Iaw permits Lender to make suoh a charge.Borrowe�a�d ��E.�_4� ;,.,s.�ts� ,,,,:
<br /> ��u;�"��*�'k$i�; lere�►may agree in wtlqng that interest shstl be paid ort the Funds.Unlees an agreement Is msde or apA��cable taw �� �j� ,�•sS�`r����;� , �
<br /> �,� ' �t;, ."�, r�quir�a interest to be patd,le�der shalt not be requlred to pay 8orrower any intetest ot earninga on the Fu�ds.Lende� 'S� ' , ��i,���ir�
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<br /> °�j{.�� �tt'tig'�ss�•.:� Bh911giY@l080f�OW6►.wllhOUtChBrg@.anannu�ataecountingottieefua+dsatreowingereditsanddebitstotheFundsandthe ��ti•. +St� � .t ' ��:
<br /> �iit:��`i��rf�;��,�'��'���; pu��tpr whlch eeCh dBbit to the Gurtds was med�.The Punds are ptedgedas additlonai secutity tor the sums seau�ed �� , , ''S 1 _�y �+�p'
<br /> Me Seculfty InBttumant. �'r �,,_„�� ' `;4+t ,
<br /> #,yt''�• S�"�y"_�_;.. py ; ,_
<br /> r��`'��''���i •' � ItlheamountottheFundshetdbyl.ender,togeMerwithlrtetuturemoMhlypaymentBOtFundepayableprlOrtothe . , � _
<br />,... „�\�•.t bt� �..�.{, .
<br />�'lt��}tt-��°+ + `'� duedatesoftheeserowltema,shellexceedtheamountrequire0topartheesc►ow�temawhendue.theoxr.easshallbe�81 � �� j �' jrk�aue
<br /> -��'��s•;+�+''�%'Y�.'�':- 8orrower's optlon,elther prompUy repald to Borrower or credited to 6ov�ower on monthty paymenta ot Funds.if the �, ti.��,'N, {��*•'�.�hYa°
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<br />��,�,_�} ;� ��°}'� `,• enauntoftheFundeheldbyLenderlsnotsutficientlopaytheescrowitemswhendue,8otrowerahallpaytolendetany , k',,,•.,,g,�., •, . ,�, ,
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<br />�,�,�:Y' F � �;,�� anaunt neceseery to make up the deticiency in one or more peyments as �equired by Lende►. �H ' ,y��" ;�± ' -
<br /> �•��'"�'�� �' "•` UpOnpayrt�entintullot811sumssecured bythis8ecuritylnatrument.LendershallprompttyrefundtoBorrowerany r,.,.,,.,.,;i+ �'H�,�:;�,{_.,:...
<br /> "�'"��' . Fu�ds he l d by Len d er. I i un der para gra ph 19 the Pro p ert y la sotd oracqulred by Lender,Lender shall appty,�olate�than . , �'�,�!, "' '=
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<br /> `����,,�J{�r�����r•' ,�ti�; �mmediately pflor to the sale ot the PropeRy a ita acquisitlon by Lender,a�y Funda held by lender at the time of .,�,�r,� � .,�r, ��;,{_.
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<br /> ��� ''`y:. appUoat�on as a c�edit ageinst the suma secured by thfs 9ecudry Inst�ument. '�. �, �S� ;�;"'�, :
<br /> `°,`,'y��F`''` i�(��!;�' 9. Applkallon of Parinenb. UMe88 applicable law provtdes othe�wise,all payments recelveC by Lender under . � = �""
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<br /> }� �<<., „a�,�f�,�,,, , paragraphstand2ehailbeapplled:tlrst,tolntechargesdueundertheNote;second.toprepaymentchargeadueu�der ,�•.,7
<br /> �+r ��t�th��•� �.�_ the Note;third,to amounts peyabie under peragraph 2:lourth,to mtereet due:and tast,to prinalpal due. • � '`� o r >,
<br /> �"' ,�`��;°�'��.� � 4. Cluiroea�l.lsm. 8orrower shell pay aU taxes,assessmenis,eha�ger,,tlnes and�mpositians attrlbu;abl�.ta the = : �`_._
<br />�yt��'°'�'''�'�` ' � � p►operty which mdy•attein priorfty over this Secur►!y Instrument. and feas�hold payments or groumd r�nls, it���ny. -:, �� � `�,t
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<br /> �,,,,:�3'�.,�,�,�,F� .. . Spapwer shall pay these obligatlons In the ma�ner provided in parag�aph 2,o�it not pald I�that mannei�9orrower al+alt I � N i L�N�f`l �"
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<br /> �'�„C��'•,.,:,,:�,:.,H,' ' paytNem.ondmetlirectlytothepersonowedpaymeM.Barowershaltp►omlptlyfurnishtoLenderallnoHCe�oiemou�ts.to �� ���;(`�,�;i ,r�}'���{44'�'•';�_
<br /> '•"`.'�';:"i.,�'ti'��..°. be�aid under this pa�agraph. It Borrower makes these paymerlta directty,Borrower at+att p�omptty turnlsh to 1.erlder ��„�i����d•� "`;�,�� :.. •:.
<br /> '����l:n?r.•,.�.. .,;F':° ' Yrtti�ai'rlf �i�.i i . ai.;:
<br /> c�: � r�eipts evidencing the payments «r ,,�.,;��1{i��'�'I�;.";;.-.,;�::.
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<br /> fi•,,:, i°��'�;ctj;;:.:, 'pOrrOwer shetl promptty discharge any lien whiCh has pr�pnty over lhis 3ecurity InBtrument unless Borrower.(a� '. , . . ,(,.��,����
<br /> a -�:o;:�i.�r� .
<br /> t�����.���� agree8 fn writfng tothe payment ot the obtigation secured by the lien in a manner aCCeptabte to Lender.(b)COntests In ,�'�. _,. , , - >'•� '?� �k:.`-°
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<br /> ,� „ �.., ., ;, • •: gOOC!taith the lien by,or detends aga�nst eniorcement of the Iien m.lepat proceedinga which in the Lender's opinfon ',�'•�;� ��.,,•'�;,4, , ,� ..,.
<br /> ��";:;�. ����'��': `�•�� oper�Ye to prevent the enforcement o(the Uen orfortefture ot any part of the Property;or(c)securea from the holder of the .
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<br /> „-:•.,r.tir;�,;,�+x � _ NBnanagreementeatislactorytoLendersubordinatingthel�entathis3ecud1ylnstrument.ItLenderdetermmesthatany � • �'; �^�
<br /> � pettoflAePropertylssub�ecttoal�enwhichmayatteinprarityoverth�aSecur�tylnstrument.lendermayglveBorrowera , ,,f, ''�
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<br />�•;4��• .' .1'i' �� nodCeidentftyingthetien.8orrowershatlsaqsfythehenorlakeoneormor�oftheactionsaettorthebovewithini0daysOt '��•,,::� . ,,.,� ,,,,
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<br />-�,��'�t�}.`�ti�fi.�i�`1�.,� thegivingofnotice. .. .s....N;. `4'�'.
<br />- � • • �•,���•�,•„ $. Haxa►d inaurenae. Borrower shell keep the improvements npwexisting or hereatter erected on the Property � �
<br /> �l������Y��.�>�°�'» • ineuted 8gainst loss by fire,haxards included within the term"extendeC coverage"and any other haxarda tor which ' �
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<br /> ;�.'',.: �,;,,,�;,;t,:,,, . •; Lender requ{res inwrance.This insura�ce shall be malnta�nad m the amounts and tor the perioda that Lender requires. :�ir�7';r4t4t;��Wy�,;;:
<br /> 1�;;•�� a; • � The insurancecerrler prov�ding the�nsurenCe shett bechosen by Borrower sub�ect to Lender's approvat whiCh ahaU not be ��.;;�lk �.r��;,
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<br /> ..fs�:,�,,:.;,_�'�.-.,:'Z unreaeonabty wlthheld. � i�+ .,��1,,�y,'
<br /> , �y,,�ap ;r,_� ., -;, All insurante pohcies and renewals shail be acceptabte to Lender and shall�nctude a standard mor:gage Cfeuee. ` „; ':����r�l����,+
<br /> '� "�) �.�� :.,�,;+' 4ender 8h811 hevo the nght t0 hOld the pohcies and rqnewata.l f Lender requues.Borrower ahalt promptly g,ve tolender�al! • e7.
<br /> �^���4�•'� . ' � � rece�pts of paid prem iums and renewal�oUces 1n't h e eve�t o�lo s s.8 o r ro w e�s h a l l g w e pr om pt notiCe to the Insu�ance ; ;t�" s��
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<br /> "���5�' ���r��'rt}• ca�rie�and Ldnder.Lender may make proot ot losa d not mt�de promptly by Borrower. . .,ii:�..p; '
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<br />�3"���s`{t1������ •f'° '; Untess4enderand8or►awerotherwiseagreemwrding.�nsuranccp�aeedssnaltbeapptiedtorestorationorrepau ;�:�"���,�,
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<br />_;;;�':��`,;,:`•��,;�;;,>�"`�••�� ot the�Prope�ty clama ged,if the restorat�on or repeir is econOmically feas�ble and lender'a secunty ia not lesaened.tf the •
<br /> - ��, ,� °`�'. ' ''�' reatoration or r�pau�s not economicalty teasibleor Lender's secunty wau Idbe tessened,the msurance proceeda sha11 be •• •
<br /> ...- .}•�L�R'1i ". � � .
<br /> ���"��''�;.'�,��t�.� _:� apptied to!he eum6 secured by this Securrty InBtrument,whether o�not then due.wrth any exceas paid t0 Borrower.It ' •
<br /> -;ti.i�'�:,-9�,c�i_a�� r,•� .
<br /> _ �, ,;,;,.,.,` :.. 6orrow er a b a n d o n s t h e P r o p e r t y,o r d o e s n o t a n s w e r w d h�n 3 0 d a y s a n o t i c e f rom Lender that the mauranCe Carrl6r has �,�'�;�?�.'�
<br /> �:. :�'„r' . otieredloeettleaclafm,thertLendermaycottectthemsuranceproceeds Lendermayusetheproceedstorepe�ro��estore ";•, �'�•
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<br /> ,,.,'":.,I;,a':, ��''' `;,�,4.,. thePropertyortopeysumssecuredbythisSecuritylnst�umc�t.whetherornptthendue.The30•daypenodwlllbeg�n , •. ..
<br /> ;��.�: '1' 'il�• ;+ wMpn the not�ce iagrven '� •
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<br /> ,n.:,,.,er,l�..�y�',�j,�,,.y,� Unlesa Lendet and 8orrowe�otherw�se agree m wrd�nq,any appUcation ot proceeds tn prmc�pal ahatl notextend or t .
<br /> � ,���'t ,Yi��S/ po5tponetheduetlateolthemvnthlypaymentsreferredto��paragrapnstand2orchangetheamount'ollt�epayments.tt t.'. � " I.
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<br /> �,;�s�t �,I underparAgraph�9MeP.mperty�sacquuedbyLvnder.8orrowerangMtpany�nsurancc�pofic�esandp�oceeds.esukmg
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<br /> �;� �,�;�y�•}I��r����;�:;+� .lramdamagetothef�rape�iYp��ortotheacqu�sibonshaupassln4ende�talneextontm�thesomsaecuredbylh�sSecurrty . •
<br /> �t,���;�`�'�;�`�r'"F,���i"�;'�` MStrument Imm�d�a4aay pnor to the acquis�Uon �
<br />-`�'`� '` �"�i��?':'' ,'.;: 8. PteieeralBa�n end MelntenenCe ot Ptopetty:Laeselata0�• 8o*�rowe►shaU no!destroy or elamage o�aWOatan- •
<br /> n,�.,.,. '
<br /> "��"''��" !���-�•' L ��af1v chanpe lnt�Property.allow the Property todeteno�ate or c,orom�t wASte t t th�s Securrty lnst�um�s�;.��a�ease�nmld.
<br /> -:—;-r:^t'�^-?'�-` �prROwershaltcomptyw�ththeprows�onsofthelesae.andrt�eo�+oweracquiresteet�t�etotne`rrope�ry tneieaae�m�aa�o � ,. .• .'
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<br /> .�, ;�,,, .,.. ;,,.�' tee'trtle ahat{not merge unlesa lenCer agrees to the merger in wrdmg I
<br /> .�.t.;: .•' �, • . 7. PtotecdonofLende�'�RtghtsinthePropetty;MO�lgegelnaursnee. IfBorrowerf��t3fope��o�mtnecov�nants
<br /> ')-i•;�� � '.�•���� �� ���i 8ndegreementscontained�nth�83ecurrtylnatroment,orthere�selega�p�oceed�ngthetmeye�gn�frcanriyatfectLender's ,
<br /> ,.: . ,�„ • ..
<br /> '' •����:.:�� ,�•"� ` "'r; reghfsintheProperty�suchasaproceedmg��bnnkruptcy.probate.torcondemnetionortoenforcera�wsorregulabona). ,
<br /> �;f�,' �,'1�•'��K' , :.',
<br /> I 111en 4ender may do and pay tor whatever�s nece5sary to protect the value u�the Property and Lender's nghta�n the
<br />�''{�,r .!�"t"' Property. Lender's aCGOns mey �nclude pay��g any suma secured by u t�en wh�ch hes pr�onty over this Secunty
<br /> .�ti1�,�'y,,,.;.�,!."' : . ''
<br /> '''� ��•� •;�� ' Inatrument,appeanng m court paymg reasonabte attorneys teesand entenng on the Property t0 m8ke�epaus Although
<br /> x•;`;�,•�'��;�•�„�:��` �ender ma take ection under th�a parag�aph 7,l.ender rloes not have to do so
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<br /> _,�;,,�:�;�`;,,.�.��t• Anyamountadlsbur8edbvLenderunderlh�sparagrapA7shatlbecomeaddH�onatdebtot8o►rowersewredbyth�s
<br /> ' ��•", •� 3ecurftytnstrument UnleasBorrowerandlenderagreetoothertermao�payment.tneseamountsanallt�u����ir�esttrom -
<br /> _;r5�t';.�' " '� the date of disbutsement et the Note rate ah0 shatl be payable.w�th�nterest, upon not�ce trom Londer to Horrower
<br /> � •.., � requestng payment
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