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<br /> _ ^ <s-�wrr�ou�an��a�r��a a���a,a�y..na�r�r�.�..
<br /> . an�fiam�es no�r flr herafter a pnt o�'8�e p�up�iy. 'M replaoeme�xs and�dditians;Mdi aTw be cavaed t�y�is Sec�ity
<br /> - �Saumau-.A!!utttx forcaoitg is refared�P+�a this Sec�uit9 L�umaent as tbe"P�+ope:tY." ' F - �
<br /> BORROWFR.C�OVENAN'tS tdi�t Bortuvir�is iaarfuify`seisad ot We`�state heaeby oonveyea�ct ht;�`right to�it
<br /> aod oomey tbe Poopa�tg sod th�tbe�ta�aty is�ea.�l.eaaept fa a�mbr�oes ot teea�. Haaawa w�s�d �
<br /> . ,w�i d�eteod��tly d�e t�tk io tbe Plaopaty a�ail c�aad demaods.siibject tp�ny�ooes af iecad. . .
<br /> ' 1'HIS S�CfJttYfY II��'i`oop�amQfam cov�s far n�sionq�t vst��derr+m�fc��s�-�t,
<br /> , � Cmdted varis6ans by��o oonuiaioe:�mi�ome secority a�a�a�t i�o+redna n�popatq. � . . . .
<br /> �
<br /> UN�RM OdVENAN'1'S.`Boc�o�xaaua�.enda caveo�t sod�gtee as fdbws: `
<br /> � �, p����pr(�ei�Q a�Ltee�t;hep�7�e�t�i l.�r t,'i��es, 8oaawer sh�li pmmpiY P=Y afien dae tbe
<br /> p�ncip�l oiaod��otet�st oa tbs deUt ew�dafoM l�rtbZ Piooe and ady p�epayit�ait md.Iale ckngesdue�det We Naia.
<br /> 2. I�3nis t�e'[i�s a�i Iaww�oG Subjxt to. Izw a m�wnt�en w�uver by I�ea�:Bon�wa sinQpy�o
<br /> - i.ader cu}he day ndomhiY Qa�rnxats ac�e doe wder tba�muil tbe Nate is piid in fnll,a sum("Fia�s"),fc[:,(a).Ye,�i!► '
<br /> Woes a�wt asses§meats�v6Rh mzq�tnia�w[uy or�at6is SecuQitp.t�su�e�t as s ik�on the P�+opq�ty:N)Y�'�y� :
<br /> p�Y�a'B�;ttints on tbe Ptoperty,if snq; (c)Ya�1X fiazard ar priope�ty i�x P[emim�:fd)Y�Y � .
<br /> - � � iasurancc p�eunums:ii any;t�) Y�Y moctgag�e inw�oe pn�niums,if aay:amd�(�anY�P�y��Y�'�u►
<br /> I,mder.in�ycooidmoe�idi the p�ovisians of pa�ag�aph 8,ia liea o!'�e payment of mo�tgags iasat�aoe ptrmiw�. 77�csa .
<br /> uems are caIIe�T°Esc�aw Ituns." l..a�der may.at my:mne.coltoai a�lwld Wt�ds irt sq�mauot mt to exoeed t6e m�xumum .
<br /> --_ • amo�wt a ieader far a faderaliy r+el�ted mat�ge lo�n may�equine for Borrowa�escr+ow aocau�n under the fedenl W�1
<br />-= F.sate.Sdtlemeat P�tres Act of 1974 as anoeoded fro�wne to time.l2 US.0�2(s01 et seq.("RFSPA"},mkss anotber .
<br />-= law th�t appties to[he R�s sas a ks3er snioluu. IP so.I.eodec mry.at ei3r t�e.callecta+nd boW F�ds in an amouat mt ta
<br /> r�=: ' excaed tAe lesser� La�der p�ay astrmus tbe aumom►t of Funds d�e nn che buis of cummt'data an4t�rasa�ble� � •
<br /> - = .. �imates�txpen�itures of'firt�e+e Bscmw Items or od�nr�se in aocardance vritU appi'�cabte taw-' . .
<br /> -= 11ie Ii�Ms etn11 D'e heW in an inaitupan wM�se'deposiu a�e in�red by a fedei�l a�ency. � "ty.cr e�rciry _
<br /> �rc
<br /> - (inciodinS�l.a�dew if Ld�der is such an insdwdoa),ar in arry Federal Hefr�e Loap B�nk L'ender sladt�Flmds w Pay�.
<br /> the Bsc:ow.tum�s eender imy eoc ct�ge goROwer for tpidmg a�apWy;�we H,aas.�aau�ny Amtyzing a�e esau�► .
<br /> _ � account,or veritying the�.scnow Itemc. unless I�Wer pays Borrvwer iatecrst on tbe.F�mds aM apQlicable law permits
<br /> _ - l.ender to m�lcc snch�ch�ge Hawerer.J,e�fer.ma�ne�Wire Bo�sower to pag a ene�time r�rge fa aa ladepa�dent ml ' ,..
<br /> esmte ta�c teportiag senriot us�d by I.ender in cannecuon arith this loau.ariless appLcable law provtdes pt�wis�•Unlsss aa
<br /> ta c
<br /> - _agreemrnt is made a applicaWe law requires inter�to bs paid.I.ender shall aot 6e ceqaired to pay Bonawer any inter�st or � -
<br /> . . .�u.T. a►tde Rmds: Boauwer and I�ender ma in wri' .however.that Inter+est shall be aa ihe Ftmds. Lender _
<br /> :. �!k s:�� �g��"ve w Bormweti witla�n cHarge.an ana�t��imp'�ng of ine Frmds,sdowing crrdiu aM���'.S to the Ei�ds and the
<br /> _- - *'� pu�pose far atiicb each debit to the T�mds was made. Tlfe Fiutds arie pledged as additional security for ail s�ms secunod by. �
<br /> . - tbis Sa�uity Insfim�em. ' . .
<br /> �:., , If 1be Fiuds held by Lender eucoed t6e�amo�mts pemtitted to be t�etd by applicable law,Lender shaU account w
<br /> : ,�{•- Bomower for the excess Fu�s in accordance with the requin�rt�ents of appiicable law.,If the amount of the Funds heW by
<br /> - - .�-,. I.ender at any ame is not sut�'wiiem to pay the'Escrow Ite.ms wt�en due,l.ender may so.�tify Boimwer in writiag.and.in
<br /> . ��,�';'�_ ��: :.. sucb case Bonower shaU pay to Lender the mnora�t necessary to make up!he deficieac�: Bomower shalt maYc up the _
<br /> ,: � ?���=_'�`�' :: deficia�cy in n�more than tweive monthlY PaY�r�nts.at t.ender�s sole discretion. ---- --
<br /> • ''�.'' � UP�PaYment in full of all sWns secured by this So¢uriry insuumen�Lertder shall P�P�Y refund to Barrower any- �- --
<br /> ';'�''-''� � . Fvnds held b L.ender. If.under h 21,Lender shall wre or sel!the PMn or w the - -
<br /> , ..,= Y P�P �4 � P�Y•l.ender.pri acquisiti�oc .�,}p�,-
<br /> ��`�--e.,s:�� � . sal�of the Property.shall appiy any Funds held by Lender at the time of acquisition or sale as s cndit against the sums ���._
<br /> , :i.� �. • �. .� SCCU[��L�.4�Illlt�l�I13ti771IICtiT. Y�°rf 4�'
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<br /> - f�fMj''a24 '�a.. .�1f' - '.:.a:.t�•`_ - �
<br /> - � y'�_,„.: ..j, 3�. Appljcation•d Pl�yments. Untess applicabte law ptovides athcKwise.ail paymenu c�eceived by L.ender under ,-.:-::•,-
<br /> _ �'u'�;.:.'�'�`� P�B�P�1 and 2 s6a11 be apptied:first,to anY PreDaYment charges d�e under the Note:seoond.to amoums payable under � :.'.-��:,+_:
<br /> "`'�'�� paragraph 2:third,to'interest due;fourth.w principal due;and tast.to any late charges due under the Note. �
<br /> = :f�..
<br /> J :°=;�;:M.,.-.:•� , 4. Cbar� Liee� Bortnwer shali pay all taxes. assessments.charges.fines and imposttions;auributabte w the •� �::=:,. -
<br /> .. � .. : . �., Prapeny afiich may suain priority ovcr this 5ecurit}r insunmen�aad leasehold payinems or g�!nuad reats.if any. Bo�s+ower ' -
<br />. _ - ,.• p�.. shaU pay tlxse obligadons in the manner provideA ut p�arag�aph 2.or if not paid in U�at manner.Borrower shall pay them on ' ..: ;�
<br /> . time directly to the pe�son owed paymen� Borrower shaU promptly fumish to Lender ai1 notices of amaunts to be paid under ` "�
<br /> , :�;-'�`.' ' this p:trngraph. Ii Bonower makes these payments directly.Borrower shall prdmptly fumish to l.ender rcccipts evidencing • "
<br /> . :t.::�� ���� , .
<br /> ;�-__:_, •;-
<br /> ..;.,;..°='•`� ��., Bomawtr.shali P�P�Y discharge arry lien which has priority over this Sesurity Instnrment unless Borruwer.(a)a8rees �. .:;�=��-
<br /> � ' -s: = . . � jn writing to the'�nt ot the obligation secured 6y the lien in a mam►er acceptable to Lender.(b)cornests in good failh the •.'"�":
<br /> •,;� .=
<br /> _ ' .. li�by,a.defendq against enfar�ement of the lien in.le�al proceeding+whicb in the l,ender�►opinion operate w pne�ent ttre _.=- --
<br /> ;.� • enforcemertt of the lien:or(c)secures from the hotder of the lien an agre�ment saiisfactory to l.ender subocdinating the lien
<br />� "'�' #• t o t d is S o c u r i t y Ins t r u m e n� I f.L e n d e r d e t e n n i n r s t h a t a n y p a r t o f t h e F r o p e R y is sub j e c t to a li e n whi c h ma y attain p r i o r i t y • • � �
<br /> • . over this 5ecurity Inswnxn�Lender may give Borrower a notice idenGfying the 1ien. Boirower shalt satisfy the lien or take � .
<br /> -- . - ' 'a-:__.: I one or morc ot ihe a�tians see forth above within 10 days of the giving of rrotice. , _.-„-____-
<br /> " �� • 5. Haaard or Pruperty insuranca Borrower shall keep the improvemenu now ezisting or hereafter erected on the •
<br /> .{.
<br />- �'"-' , PtupertY insunA,sgaiast foss by ffm.hazards included within ihe term"eateRded coverage"and any other lmzatdv.uicluding ' •- ,� . .
<br /> ;.;�;�, ,.- ' t]aods or flaoding.for which Lendcr requires insurance, 7fiis finsurance shall be maintained in the amoaais and for the . ' .
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