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<br /> _ '� , �es aow ar�a pu!d the popdty:M cephoemenb aad ad3lions aE�aBo be ocve�ed by tt�s Seu�rfty(nsfnmenL .� �Q ' -
<br /> --„�eL.=s,�— • � A�d�brpoYlq is�erld LD tu 61is Saorty Nstratlent�!ths'Ptoperty.' , .. . ' � _
<br /> , ��r. . BORROWHi.t�QVENAIYTS tliat Bon'or�er is te+R��[!I sdud o1 1he�estate`haebY conreyed and has the dgM w grant�ntl �,i.i � _--
<br /> "` �� ` . eomrtjt the H'oP4�Kl artd Uwt tl�Ptop�e�ty is teu�oxnbec+ed, �t toi rltprnhwnoes of„teeatd.. Botrawv w�rqrits artU wi � � -
<br /> _ �,��-��a ���i delAnd 9enaraly the UUe to Uta Ptopety ag�itat at t6drtts and dunart�,au�ad t4'anll�ain+brancb af'reoottl. ` � —
<br /> �_ ' - " ,THIS`SECIJRIiY q�SfRUIIAE�ti t�mbites fadtam.00veta�As fot natloml uSe and nore�unNom� Covenants-w�h �imited ��' _
<br /> ��;�¢,:, i' o . ��vari�Uoris by psta�Cdon to oaut�te a uNfoim scauSy insLnar�ent covering reat property. ' � ` _
<br /> �'��-r�f:k,,��• � - t l 1�1 E 0 8 1 A C A I�[�A N T S.' Bartawer rtd I.a�der cm►e�t ntd agree as tofawa � ~ _
<br /> .� . �.-_; �: _ _ �� 1.Rarn�nt d ihtndpal and tn�Pnpaymsnt�and lab Ct�a�s.Bano�ra anai�noa�ffY�y wrien� , �'' ���_--
<br /> �.�. _ia:�'S<<:�.,�_-. : due the�Y of ind interest op tt►s deM nvidenced blf the.Not��drnY R�Y�a����e undei the Not� -+�„N_`M1` _
<br /> � - ��r•=° � p. fOf Toc�s and hyurahc�S�jea to�PP��r or ta a wrltte►wdver by tander.8oaowa sfiall paSr- - _-
<br /> _ - . ° ��° . 2o Le110e�?on thE def►montt�p paymntts aro due under!he Nata�mb7 the Note is p�id Iu fi��.a aim('F�nds')fa: (a)ye�ly ---_-
<br /> � -�--.�;•: Woes snd�CS wNeb ma�r�in Prio�itY over triis,Saaxtly In�d as a Nen an the AropeRlr l4)lI�M M�a4 ____- �
<br /> :�'. - :G� ptyments a�ae�d�nts vn the Propery,it a� (p ej�reMJl haard a propaty insuiance pcen�ns�(E}yart�►#ood hsur;nee =___-_
<br /> �``, �`:`�� ` : pan,B,ms,i��nfr.I�1 Y�N��� romr�nn�.�a�►:�fA+�x�wri�el►earaw�er to tenda tn� ' _
<br /> ' ��'��?: writi the pwkians a[p�raprapil 8.in ieu oE th0 PaY�of enocD�ye-insurutee penimn. These ttdins arc cMed 'Eaaow __
<br /> �. ,,.,€ , . , I�enn.' Letder mry,at atry t�ne eo�ect alrtd Add Frida tn an a�tlou[R�rot to mccctd ffie a�axinum amouM a teodx iG�r s : `� �
<br /> tedsa�yt re�led mottgr�e b�n rtny�r�quire to►$orrowers esd'ow account under the tede�l ReY Esbte S�Itlemeet Pto�ediwes -� � -�
<br /> 'r; 1t�t ot t974i!anterlded tOm�i�IS To lAlle.t2 t).SC.�2801 et 8e¢ ('AESPA'J.��mless a�rother tfw th�t appiES to the Fw1ds - � _= _
<br /> ��� * :,`, , �.;:°• .=r. � sets a kss�►amant. M s0.Ls►der mry,at airy� co�cct and hotd funds b�an amount not to mceed the fesser� ---
<br /> �/ Und�r may estMqs the�nount W Fun�dua an ffie bss�of arrent data arM re�bb estimates of expen6wres of fimire � -� ,--�
<br /> �` •''=' • � EiCtowt IhGm.�s or otlte�wise In ii�oCOCd��n�o�ye�w�i�th appYeaWe Il,�w}�. }�.,� . y , �j�j� .
<br /> r.i!-..•; . � ��"MtW���■.�I�RYW W�1�G.��O.I�W�Q 1{JYION�����1��. 1 O��G{M��A�g •1 � ___
<br /> .. . =S'` .��. ,: .: L e n d e r.H L e x f s i s,a�e h a n k a U l u tl o n)o r b a�ry F e d e r B N a m e L o a i�B a n k. L e n d e r s h a l a p p l y 9�e F i u rds to p s y tbs Esaow ' .,=�``�
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<br /> ,.. - IOlms,�.�rld�►tr�1►�at d�args Bo�ower far hWdng and�ppyitg the funda.anm+�N�9 4he e�saow admurtt.or reri[yTng � _
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<br /> . . tAe Esanw IOems. udeas L,ende►.WYs Barower k►roroat an the.Funds and +�pfica6k hw.pamBa Lender W mNce auch a _
<br /> - - ' . . • ' oNar� HoMens, t.ender mry re�uife Barvwa to pay# a�e�t(me chvge fa s�indapendent reY e�fate wc.npoiUnp aavice .
<br /> . ... :- ' u�d d1► Lwtder in canacfian wifi tAls lan. unkss +ippicabb taw prov7des cAherv�ise. Unleaa an sgreema�t b`nrtft ar - -
<br /> . .' � applM;apte hw r�equtr�es hterest to be p�id. L.etdv ahar not be[equired to PaY Sarrower anfl irK�ms!ar.eeminSs an the ftmds. >.-;. '�°-
<br /> • � BoROwer and tendd�may aQae in w�llrig. hawever, th�t intemat aha�be Qald a►ihe Funds. Lender•sIW gice to 8orrower. ' 'a�%�`y
<br /> -. ..- ....�. .--._.. - w�art,d�gR o aniwd aeoounfinS ot tda Eund�sdowio�ae�a�ad debRs-fo the-Funds and 1he P�R�ae tor whlch each __ _ _ ' ;�1::.
<br /> ---• -- - :----- -' ---- - debit to the Funds was mtde. The Fun�ue pkdged as add�ortW sewd[Y tor at aums secured by the Seartily Inatr�ma�t ,.-..,. -,,;-_: ;:.:
<br /> :. - � H ffie funds held tiyr Lender exceed tne artiau�b pertr�lted,to be hetd by appNr�61e taw. Lender ahs/acoouat•to 8arower . . � -:.:
<br /> - � ' for the e�xeas Funds b aoeord�rtcs wRh Me raqutemeffs ot appOcabb(sw.B tbe artwuM of!he Funds hdd by L,ender At any -
<br /> -. . .,-��- . 6ms is not auMfolent to PaY the Esaow Items when due,L.e�der rtey\so notHy Borrower in wrHin�,and.in such case BoROwer �• ,`�'
<br /> ' ahd pry to Lender the ama�mt necess�y to�make up the defl�r. 8aerower shall cnatce np the deQde►eY in no more than . • .��
<br /> •-- -__ _ .,._.�-;-- -- twahe at I.andda sote daaelion. .;
<br /> � �. � ' paymer�b fu/o(a/swns aecureb by this 3ecurU!►Inaauma��. Lender sha�p►anPth relund to 8ortower ar►y F�ds ' ,.'�
<br /> o held by Lenda. N,under parayraph 21,I.ender sha/aCquke or seM tqe Property�LenQer,pdor W the acqulsidon or sate of the
<br />, . . • � Proparty.s1a1 appy�t Futds hdd hy L.ender at U�e Ume of�equfsitio�ot aab as a crcdt ag�(nat the aums seared b�F this - ;• : ,{
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<br /> . .. . - ,- - ��Y� . - .. "..- �
<br /> -_--- - ---.------.--_-....-._-.-- . 3. �►pptieatton of P�yments. unbsa app�We ►aw pro�laes ome�wise. er Qayr►�ns race[vea ey Lenaer unaer (._:--,-_,-:
<br /> ' ' pewyraphs 1 and 2 shN be aDPNe� tist.to any pnepayn�ent eharges due under the Nota second.to amaurts payable urtder f
<br /> � . puapraph 2;U�ird.to bte�est da�forMh,to prtrtdpal du� and tast.to anY fate cfiarges due under the Note. i .
<br /> � 4. C Lt�ttf. Bocrower shaR pay a0 taxes. assessments. char9es. ftnes end pnpositlons attrlbutabte to the . ' ; � ..
<br /> } . . ` . . Ptoperty wh��aKain prlorfty over this Sewrity InsLumen� and Ieasehold paymerrts or ground rents. it any. 8oaower sbal �f
<br /> -.. - .. _._ _� . .. _. p�y theae obAgatbns in the manrter pmvlded in paragrapb 2. or H not Paid in that manner, 8orrowa shal pay them on time - � .
<br /> . . dreoly to the peison owed paymeM. Borrower sda0 promptly fumish to� Lender aY rtotle� of�n►ouMs to be paW a�der thls • . .
<br /> W��Ph. H Banowa makes tAese payrt�ents direely. Butrower shaN prompty tumisfi to Lertdet rocdpts evldendng the �
<br /> i�:. .� . �
<br /> p�ymOnts.
<br /> �t ; BoROwer aha/ptompUy dseharys anY�an whiCh fas prlority over this Securiyl tnstrumf.�rit unfess Borrowa: (a)agreea in ; .
<br /> ..,:t; . .--.-. -----..- - +�r(ditp to,the paymd�t of the obAgatfon secured 6y the Qen in a manner soeeptable to Lender, (b) contesta in good tadq�the `• ,
<br /> �� Yen by, a Qefertds ag�nst eMorcert�t of the Uen in, tegal proceedings whkh in the Lender's opinion operate to prevent the
<br /> �� � �� � � • enta►ceniart of tfie Yen;o►(c)secures from the hotiJer of the Qen•an a�eemeM saUsfadory to Lender subadinating the Nen,to � ,
<br /> � : , = _-. � . thb Ser�uily Inat�umerrt.Ii t.ender detamYnes that airy paA ot the Prope►ty is subJect to a pen whieh may a�+prtorlry over thb . . .
<br /> , • • 3ecwfty tn�bumen��Lender may glve Barower a not�e identifying the 6en. Barrower shap satisty tha Nen ot take oae o�moro of .
<br /> . � ' � - !hs utloas aet tulh abors wltf�in 10 days ot the giving ot aotice. . .
<br /> _ ' . ......_. _ _ , 5. Has�rd or Prop�rty Insuranc�.eorrower shall keep the improvemenrs now existing or henaHer erectee on u�e . ._. .
<br /> . ' . � Property tnaurod ag�lnst bss by 6% t�azards inctuded withln !he term 'exterrded coverage• and any other hazerds,inoluBng
<br /> ."._ ._.- . � ' 1loods a 1loodng.tor whicN lender requiros Msuramce. ThIs lnsurartee ahaU ba mafitalned fi the amoiutts artd to►tAe perlods , �
<br /> -+ ' . that Lende►requlres. The Murance cartlar provl0�g the insuraneA Shell bA chOSen by 80ROWer Subjeot to I.endef'S epproval '
<br /> • .. ; . ' whkh shaN not bt un�aonsby whhhdd. If 8orrower tails to maiMeln eove►age descdhed above.Len4er ma�l. at Lender's
<br /> t � ,. optlon.obWn covaage to protect Lende►'s dgMs In the Properly in aceordance wi1M paragraph 7.
<br /> t, , -. -� -�-- N haur�noe potldes and reirowats shali be acceptabte to Lentler and shatl indude a stertdard moRgage dause. Lender ;
<br /> ��_ _ , ah�N have the dght to hotd the polides and renewats. N Lender requhes. Bonower shall prompUy give to t�ender aU reeeipta o1
<br /> „ . . paid pronfiuna and renawal notlaes. In the event o1 toss. Borrower shaA give prompt rtottce to the lnsurerrce canter and LertQer. I
<br /> ;; ' • , Lender mry m�lce proof ot bss if not made pra++DUf►bY 9orrower. ..
<br /> `" Untesa Lender arM 8orrower otherwtse agree in wrilldg.insu►ance proceeds shall be applled to restoradon er repair of the
<br /> ; .�. . ' Property d�ged,if tha restoratlon or repair is economlcaly feasible and Lender's securlty is not tessened.If the restoratlon or
<br /> or
<br /> �..�::.�.._.:: : � repair is no!eoafomieaMy teasibta or t.enQer's securriy.woutd be lessened.tha fnsuranae proceeds sfiaU be applled to tfie sums
<br /> -- .' _. _.-Y . �:... seoured 6y this Secwlyt InatrumeM. wAelher or not then due. with arry ettcess pald to 8orrower. If Bortawer abartdons the '
<br /> � l� ' . ' f'ropeAy, a does not aaswer wRbin 30 daya a notke from Lender that the insurance racrl�s t►as offere�!m setlle a elaim.then
<br /> - i tender may cofect the i�aurance pracceda. Lender rtay use the proceeds to repatr or restoro!hs Property or to pay sums
<br /> ;,� �i > , ' eepnad by thls Se�wAry�nstrumenR whefher or aot then disa The 3aday perfod wm begtn when the nodce b ghren. ' .
<br /> . . . UNess taider.and Bort'ower otherwtse agee in w�idng. anY ePPticatlon o! proceeds to pdnepat ahaM not extend a - ,
<br /> , • poslpais the due dKe of the manthty paymenta�etera4 to in paragrapbs t and 2 or chinge the amouM of the payments. H
<br /> �;�.,- - --- - ` �ndrr p�ra¢aph 2t the Ptaperty b acquUed.by Lander. 8arawePs dght to my i�rartce Pad�e� �d Procaads rea�np kom ._
<br /> --•�-� ' ' �',__ � _ d�nM�to ths Froperty prtor to the aequiaiNon shaN pass to Lertde►to the extent of the sums by thb SeauHy Insbument
<br /> - �',. .� kir�irdi�Elty ptlor to the acquLsidon.
<br /> __ . �. Oacupanc�►. Pns�waNa�, MdMansnaa sn� P�aNction di th� P�o�rty; Borrar�r's`Loau� �
<br /> � =.�'.i:. - -�---.-..- -:-- -- Applie�li0lf; L+��hOlf�l.8orrower sfiaq occupy.estehUsh.and use the Propeity as Bartawer'a pflndpsl residertce w�hin :
<br /> � :,, • . .. . sbdy Q�ys a}t�r the exacuUon ot this Seauriry A�strument and shaU conUnue to ocwpy the Propedy as 8oirower'a prhetp�l •
<br /> . raaida�a tar at fe�at a�!yev a(tar tAe d�te of acaip�tcy.untess Ldtder othe�wlse agrces in w�ldrtg,whkh consent shaN not ,
<br /> _ �, � ..� � b�uix+e�sonrby wlthhdd.a unkss e�Ranuatlng dreurt�uncea exlsl� whk�are beyend Barowera eomroL Boirower alall�at
<br /> _- . • d�atroy.dinp�a iinp�Y�tlts Propeity.abw ths Propay to dete►bdte.a conrr�it wate on the P�operty.8arower ah�ll be in •
<br /> • . ' � ' .� ditr i any torteiEure aetion a►procetdlnp. whetAer dvN a adnYn�t.b begun tlat in Lender's gGOd hMA p4gmetM eould res�ill
<br /> � , — -- -Dt�e o!!1!e f ia�e��atv�e�te�t�Oatrlbelka a[mtea�!lAls Sea�ft�O[umenE ac le�d�'�eeatAry.�nterest .. '. -.-----.--_----
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