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<br /> � � 7W¢7'HER WITN�II�he Im�inovEmen�s now ar htre�flS!ects�M on ttie properiy.�nd all wemmu,pw�nm�r�C«�
<br /> �np.fi�iuiee nowpr ticrc�hce�put ot�ho propeny. All ropiMOCmenu and�dditions sh�il!!so qe wverad by U�ia Secud�y
<br /> Instnimenr. AlloPthefatt6lnyifroPortedlolnthl�SaudtY.lnswinmt�sthe"RopEny,'
<br /> ` NORROWBR COVBNANTS that Borzow�r b IawPoliy utsod of�ho este�o iKrcby wnveyed�nA hes�►�a dght Eo p�m[
<br /> end convey�ta Adercny u1d�h�t�he Propeny i�unencum6ercd,oxap�for eneumDru�cea of mad. Borrower w�mnu uid�
<br /> - -= wiil deknd gcnemlty�he i(Ue to 16a Prop:ny against nll clalma end d.manda,cubJxl w nny encumsrances of rcto�d. _
<br /> Tf119 SECURITY INSit1Uh1ENT combina unifom� covcnaus fpr a�liau�l use md non•unlfam covennn7s wi�h
<br /> _ _. . , IlmitedvuletlorobyJudsdicllonroconstfwloaunifomistcudtylnstNnxnlcoverin�realpropeny. . _ _
<br /> UNIFORMCOVBNANf9. BorroweranAi.endercovemntudagrcea+follows;
<br /> —° - - 1. Payment of Princ(pa!and Inlerestl Pre'nyment�nA 1.n1e Chusee. Borrower ntieU prom�typay when due�Ae - . __
<br /> pdncipal ot and intcrest on tho de6t evldenuxl by the Noio end ony Frepaymcm and Iaio chugea duo under tfio Note.
<br /> - - 2. FUndeforTixa�ndfnsurantt. SubJatroeppIicablolawor�oowr(ltenwalverbyLender,Bortowershatlpayto
<br /> I.enAer on p�o dny montAly payments oro duo unAer the Noto,uoi1110o Notc Is p�id in full,a sum("Nnda")for.(a)yeu�y -�
<br /> Iaxes an4 asseumeNe whlch may etmfn pdodty over thls Swudty Ina�rvmen�es e Ilen ou tho Propeny;@)Yearly leauhold
<br /> - - aymema or gronnA rents on �ha Propeny. If eny; (c) ycarly h�zard or property fnsu�ance premiums; (d)yearly Aood _
<br /> � Pnsuronca premluros,if any;(e) ycariy mortgago Insuronw prcmfume,If eny: end(Q eny sume payabie by Bortower ro �
<br /> � I.endcr,in accordanco wi�h�ho�rovision�of p;vagraph 8,In Iicu of tho paynxm of mongngo fnaurancc prcmiums. 7Mm
<br /> � Items are celled"4'urow Items. Lender mny,e�eny Ume.cotlect end holA Iimde In on emount noRO txeteA ihe muimum
<br /> -- emoum a lender for e(edemlly related mortgage loan may requiro Por Bortowerb escro�v eccount under the(eder�t Real
<br />--___i Cs�atc SculcmenLPracedurce Aa af 1974 es¢mended from Umo lo Ume,12 U.S.C.4 2G01 et srq.('RBSPA'y.unless anoiher
<br /> law�ha�applies to the Ainds sets a Iesxr emount. Ii so,Lcnder may,ut aiy Iime,collect end hoid FLnd�(n an emount not to
<br /> � cxcecd tha Icsser emount. Lcnder may es�(matc �ho amoun�of Punds duo on�ho basis of curtent dato and n;asonabio
<br /> — estimates of expenditnms of futurc Escrow I�eme or o�htrwise in accordenco w0h eppIicablc law. -
<br /> - 7Le FUnde shNl be held in nn ins�imtion whose deposiu ere insured 6y o federal egency,inshumenmlity,or emiry
<br /> (including Lender,i(Lender b such an Institution)or in ony[@denl Homo Loan Bank. Lender shall eppiy�ho Nnds to pay
<br /> �J;,�:;���� ihe Fscrow Uems. Lender may not ch�rgo Dortowm far holding end applying�he I�nde,unnualiy anatyzing the escrow
<br /> - � eccoum,or verilying ttw G'scrow Iteme,uNes� Lender pays Borrower imercst on the Punds and appltwble law permits
<br /> '�`�`��'� � Lender w make such e charga However,Lender may rcquirc Uortower tu pay e one-time charge for en independent reai
<br /> '� �����°''f"j"-�� estete iaa rcportins scrvice useA by Lender in eonncction with�his Ioan,uniese eppIlcabio law provides othenvise. Unicss en
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<br />�.+:5;,;�..�;�. , I egnxmcnt Is madc or eppliw6lc law requims imcrest to be paid,Lcndcr stmll not Le reqo(rcd to pay Oortower nny(ntems�or
<br /> :° �,,; i;, i caminge on�he I�nds. Rortower and Lendcr may egrec in wdiing,however,�hat intcres�shall be pald on Iho Nnds. Lender
<br />" --"S�••":��< ehall give to Uorro�ver,withom charga,en annual acrnuming of�he Mnde,ahowing endiu end debits�o tho I'unds and iha
<br />=i,�:}�,;-_.,s
<br />=_ .=x.--.. -i- � purpose Por wfiich cach debh ro�ho NnAs wae m�da The Punde�rc pledged as edditlonal secudry Por nll sume sccured by
<br />- '.�,;�„�.::':,;'.'.- • this Sceudty Instnment.
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<br /> �.�-a.���.i`:'�...: i If iho FLnds heid by Lender excecd �he amoums permitted ro be he'd by eppltcahlo law, Lender shall accnunt to
<br /> � }�-� Owm�ver for�ha exees�ILnds in eccoMance wi�h�he reyuimmente of applla��ie law. If tho emaun[ot mo wnds neio by " - ��°' -'-
<br /> -�-� �� : Leacler nt nny�ime Is not suffidem �o pay the Curow Items�vhen due,Lender may eo no�ify 6ortower In writi�g.anA.In
<br /> �...),'.:�^;��-„_.�� � snch caze Dorzower shall pay ro Lender tho omount necessary lo make up Ihe deOciency. Dortower shall make uy tho
<br /> "°f'-'��"����� • deficiene in no more�han nvelve mon�hl n ments,a�Lenderk sote discretfon.
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<br /> Upon papmcrzt In PoII of all smns saurcd by�his Secu�iiy Insuuntem.Lender shnll promp�ly rcfund to Uortower eny
<br /> -,��y.''.,�:_.,;:�; RmAS held by LenCec If,under pamgraph 21.Lender shall ecquirc or uIl�he Propeny,Lender,prinr to�ho ecquisl�ion or =.__
<br /> � {: ;-,�•-:; sale o!�he Property,shall apply any FLnds heid by Lender ai the�ime of acquisition or sale es a crcdit ageinst�ho sums �_
<br /> •� securcd by thlsSecurity Instrument. - '
<br /> -` ' 3. Applicetlon of Puymmlx. Unless applicxble law provides otherwise,all pa�mems received by Lender under �""• --
<br /> .�-�.; <a;.'•: i pamgrephe 1 and 2 shall be applicd: firs6�o nny prepayment charges due under�he Note;accond,w amoums piynble under `' ---- -
<br /> �_ ' ;��`;: ' paregmph 2;�hird,w imen:st due:faunh,�o principal due;nnd IasL�o any�a�e charga duo under�he Note. ""`"
<br /> .::._�,�`;';��::; 4. Chnrges; Llens. Qo�ro«�cr ahali pay nll iaxes, nssessmcnts, charges.fines nnd impositions auributablc w iho 1rt�+---
<br /> + � - ,__ I Propeny which mny aunin prioriiy over this Security Inswmcn4 and Icazchold paymcn�s or ground rcnts,If eny. 8ortox•er E��� r •_
<br /> � i �t '� ' shall pay�hc.0 obligations in�hc manner provided in pangreph 2.or it not paid in�ha�manner,Dortower ahall pay th:m on L, �,
<br /> } - `"'� � time dircclly Iolhe person uwed paymem. Borro�ver shall promplly fumish lo Lender all nouces of amounta to be pnid under - --
<br /> - - .---:i I this pangraph. If Bovower makes�hcsc paymems dircc�ly.Uorto�rcr shall prompily fumish to Lendcr rccefpis evidencing � '-`"`"�
<br /> ' thc payments. � -:
<br /> - . ,�` ` Uonowcrxhnll promptly dischargc nny licn which has priuriiy uvcr thia Sccmily Iro�mmenl unlca�Ounux.t:(aj agrcu - � ____
<br /> - �- � ;� ( in wriling lo ihe payment af�he obligmion secured by�he li.n in a manner ntteplabic to l.ender,(b)comests in good fallh Ihe , y . —
<br /> `- ; t lien by,or defends against rnforameN of Ihc lien in.Iegnt procecdiugs which hi�hr Le�kr's opinion opemle lo prreem�he �,,, .--,— _.
<br /> '� enforcement of�he lien:or(c)securcs from �he holder of ihe licn an xgrcemem sa�islnc�ory�io Lender subordinating�he lien �.�!,�V�4'aw?w,`. -
<br /> �- - !���` :� a�his Security lnswment. If Lender determincs thnt any pan of thc Pmpeny is subject�o a licn which may aualn prioriry .1 ._.,�'�" � �
<br /> " -� • ,�, ..-; over�his Securit Insirumem,Lender ma�gi��e fiortower n im�ice idemif•in �he licn. 6orrower shall satisf �he Ilen or�ake � '< �'•", _'�•`��
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<br /> onc or more of�hc actions sci(anh nlw��c within 10 days of Ihc givinS of nmica ' > �- yr�� ,_
<br /> ',. � 5. Haenrd or Properiy Insurance. Rortowcr shali kecp�hc improvemems no�v exisiing on c�rcaftcr crceted on�he - .
<br /> �� � Propeny insumd againsl loss by fire,hazards included within�hc lemi"extended coremge"and any mher haurds,including ' - .
<br /> ` : ,�� I Ooeds or (looding,for which Lender rcyuircs inwrance. This inwrance shall be maimained in�he amounu and Cor�he ,� f` -"
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<br /> �� i Form70S8 9.9D INC�:ol6NR�i1 ���.
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