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<br /> _ ; *nd lt�ures�ow a h�re�ter o p�t oi eha pra�e�sle. �lil��ca�ts�a8 dne shil�vso bo ccb�l b�S�rtt�.__ '_=._ _ —
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<br /> �O�RGW�t C�V.�Nbt�l'9 th�,t 8e�enwer is t�wSYi1y s�lls�d uYihe�ta t�eby�a►v�yed eaQ't�s tho riQRi tb�tt .,,_.
<br /> � and cenvay ttse uiA that tP►s Rnptrty i��cumbcc�ed.oRCept fo�c�cumbr�aa�a ot�cor�. �anvwer'wu�t�a�id . �
<br /> -- — . wi�l deft�d ge!�dtte to iho PholxitY�gainst�Il clahnns and�manQ�.subje�t to any tasumbi�nas of�onl. : � . . '
<br /> -- '�S SE�URTi'Y[NQTRUIuY81ei'E'cwnbdnes uai.togm caves�sn�s�loa �n�donal u3�and�far�n covman��tb .
<br /> ��'- iimite�d.it�ations tsy ju:isdiaton to consdaita a unifoiro seturity insttusnent covering real pmperty. . � . .
<br />_��`�' Ulv�+flRNf C'dV�1AN'i`S. Bonorrcr and Le�der covenflnt an�l agreo as foltowa: - '
<br />�---_ . ------- - - - - ` . -
<br /> - — l:__Payc�eat gff�aci0�aa�i�t�s��1aac��:tie��asrge.v.-Bor�w�e ty�y�tk�a ttra=- =- _- - - - ---
<br />_` - - -- piinclpal af eadtim�est oa the debs evfQeaoed by the Note acd snY gsepaYmeut aad laae charges du��'�the Note. �
<br />- - A� �lands fer�a�ia411•�•�c� Subjert co applicab�el�w cr to a wdtten waiver 6y tander,Bomawer shall pay w
<br /> — - -- Lea�s an tIIe day mo�thiy paxmeNS,are due�nlder the Noie.uutil the Note is paid in flil1;a sum("E�uds")far.(�Y�Y
<br /> mxss and�wtdch may stmin pifmity over Wia$aurity.Insttument as a lien on tha Y�ropaty:tb)YeariY leasena2d -
<br /> � ga�rme�ts ar �rowid�+ts on the Ptopecty. if sny;(c)Yearly�axacd+or pmperty iasuisnae:�emL�ms: (d3 Yearly�tood
<br /> iastn�ace premiums►if any.(e)YeatiY riiortgatge ins�ran�gsemiums,if any;and(fl anY sums PeYab2a by Bonower o�
<br /> I.eader,m acoordaaoe a+iYh the pmvisians!�f pa�h 8.in lieu of thep�yment of mortgage insurance pr�niums� 'lhese .
<br /> --- i�cns aie calted°Fscmw irems.." l.euder may.at aaY time,o�jlect and tiold l�ads In an amauat aot to excxed tLe maximum
<br /> _— -- - a�aLmt a leadea for a f�erally relate�_mo�tgage loan rnay requ�ce far Bo�rbever�s escr�w�lxannr►sader the teitezal�Real
<br /> Esiate Setdanent Ptoeedtues�st of I974 as aateadrd fram time ts tia�1�EJ.S.0$ZbOt etseq.("RBSPA'�,�mTess anu3heic
<br /> --_---- Iaw that applies w d�e�ads sets a l�ser aiaaunt lf so.Leadenaay.at any�coIIe�x�d[mId Fi�ads in an amount ttot to
<br /> --�-----= exceed the lesser aummu. i.eadet may eaamafe dte aiuou�af�ds d¢e att p8e ha�isqf cutrent dam end�easonable
<br /> -_-,:-�_.,�n� � �eshmates of e�eadit�ues of fatu�e Fscrow Iteams or afi�tvvlse in ecaa�danoe v��PHcz�6Ietaw ..
<br />����,�b�� . 'i�e I�mmds shatl be field in an in..�ucion�;depnsits�.i,=�ured:�,.�''fedeiai egencY,insuummtaCay.or ensiry
<br /> (�tclud�agt.ender.if Lendes is suc6 zta�q���any F+�e��me��anh: l.ead,�c�aPF1Y the Ptmds to pay,.
<br /> -,.�.----.:� the E��f�ms. Leader may aat c�. .$�mu�for t►old'mv�d tPP�Tyin�.tt;e Plu�ds� �►analycing the�.:�_�
<br /> y�„-- « r � �soeoim�,t�:y�rifYing t�.Escrow Itetit�;i�nle's�II:�r pays Borrower inte�c�,,u.the Fucu���xl aPPllcable law pem�:: ; _
<br /> �f,+.�[ �,k �°I.erides to ittake'sucIs a dtasge. Hawever,Lenc��+�4uire Hormwer to ps,Y�on�dme c1'aaige for an independent tea#�`� -_
<br /> ���,�"�'.=��'�•�� : estate tax c+eporting sess�i�sed by Lender in comie+c�n wIth this loan.unless a�p��able law provides ot2ten�rLse. Untess an • -°----
<br /> :„,.��'� ��`�'�"k , �agteemenE�s�nade ar�c�able law.�qui�es inte�est w ise paid,Lender shaU udt�e tequired w pay Boirower any interest or
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<br />����, �„;�`�;��, ; :.�as�sings a�s�ie�Ninds;��xt�l!-:ender may agcee in writing,however.tit2f.i�tterest sball F�apald on the fl�ndn. l.end� .
<br />�K�x�y�.�z:.'.' ' ',}'' . - �� .shall give��Boaocr�;�'�;�,aa annualaceounting of the FWtds,sno credits aad�debits w the Fnnds aad t}�:�� ,
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<br />��� �°�-- =.,�_ �a�os�.f�s�ich ema�de�=DO���s was mas� �e PY�nds are pledged as�addiflonal security far all�as ses�ue�,�3t� .
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<br />-�•::�; r �. ., I��e�unds hel'd i�y L.ender exceed the e�.ia�s permittec�.ia be.he3d by"applicak�laa�;�atder s��qoai�t tr� ':
<br /> �: � Y�t ;-,: Bmioai.�z�oi the excess Funds in acoordaace with the requ3remerstsv�r applicabie taw If th�arount�f t6e�ua�s i�et�ts� �.
<br /> ,�e� `=': ;j; •`. Lettdes ataay time is not sufFcient to pay the Fscmw Itea�s when due.Lender may so notiffy Sor�ower i»wriNag,and.t�t . .
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<br /> :..:�•.,. .° sucb case Horrower shffi1 pay to Lender the amoum aecessary w make up the deficiency. Bmmwer shall make ap We
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<br /> .:..'.. . `�`�;:;,4; deficcency in no mo�e than twetve monthly payments.at Lend$r�s sole discietion.
<br /> -:�;.�:-;::;,;- .��� .° Upon payment in full of a11 sums secured�y this Security Ynsuumen�Lender shalt promptly refluid to Harrower any
<br /> ' ., I�ads held by Lender. If.under pa�gapA 21.Lender shall asquuc or sell the Property.I.ender.prior to the aoquisitIan or
<br />- • -. ,�`'�, sate of We Ptoperty,shal!appIy any I�nds held by Lender at the dme of acquisition or sate as a credit against the sums __�
<br /> .. , secuced by this Security Insaument. a;,_�z_ -
<br /> '��� 3. ApplicatIon of Paymenta Unless applica62e law provides othezwise. at1 paymecets ceoeived by Lereder under _
<br /> - .. • � paragcaphs 1 anA 2 shal!be applied:Pust.to any prepayment charges due urtder the Note:second.to amounts payable onder !��'_�_,
<br /> , ' . � paragraph Z:third.w intetest due;fourth,ro principal due:nnd las�to eny late cAarges due under the Note. ����`�"
<br /> •� ' � 4. Charges;Lteas. Bomower shall pay all taxes,assessments. charges. fines and imposidons aaribumb2e to the ��'�}'`'�=
<br /> - �• - . :_,,��,',. Arope�ty which may attain priority over this Security Insaument,and leasehold paymenu or ground rents.if any. Bomnwet '� �i-
<br /> °haU pa�r thtse obligarions in the manner provided in paragreph 2,or if not paid in that manner.Bonower shall pay them on ,: .,�''��_
<br /> ' '`�' time directty to tt�e person owed paymen� Bomnwer shall promptly fumish w Lender all notices of amounts to be paid under ::�,:""`=—
<br /> �. ,. ,� Nis para$raph. lf Bormwer malces these payments directly.Homower shaU pmmptly fumish to Lender teceipts evidenciag ::; ,;.�.�.:;��
<br /> ' ' t�e payments. � -
<br /> . , ---^-,�, Bmmwer shall pmmpUy discharge any lien which has prioriry over this Security Insnniment unless Borrower.(a)agrees ,�� , �, ��
<br /> ; � ,, In writiag to the payment of the obligation secured by the lien in a manner acceptab2e to L,ender.(b)contests in goad faith t�e � , �,t���ti�_
<br /> ' � liea by.or defends against enforcement of the lien in.legal pmceedings which in the l.enderk opinion operate to preveai the .��•:� '��;t=-�_
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<br /> � , enforcement of the lien;or(c)secums from the dolder of the lien an agreemeat satisfactory to Lender subordinating the tiesr ,;:,��::-,�-Y.:,:
<br /> . t;�� .:. . : to thIs Securiry Instrumen� If Lender detennines that eny part of!he Property is subject to a lien which may attain priority �� . <. .�':.• ' .
<br />_ ._ ,�. , over thls Security Instrumen�Lender may give Borrower a nouce identifying the lien. Borrower shall satisfy the lien or take ��� �� • 'Y�>:.., �� ;.;
<br /> •��' � one or more of the actions set forth above within 10 days of�he giring of nouce. � � •
<br /> i� �• � „ S. Haza�d or Property Iusurance. Borrower shall keep the improvements now eaistin�or heceafter erected on tir: �.
<br /> , � � peoperty insured against loss by fire.hazards ineluded within the term"extended coverage"and any other hazazds.inciuding :'`t�iil��';A�>•: ��`
<br /> '� ±,��,`.. : ' ftoods or Randing.for which Lender requires insnrance. 'it�is insurance shall be maintained in the amounu and for dte ;�,• �'���a;y;'`� `�`
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