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<br /> •`' - --_ -��+i 7��QETF�R�; �M tIN(II�f0YM11N114 flOW of hM�K MrOMd Ofl 1hi p1bpQly. �Ild MN M�Mll�llb� �pp11f1YW10M. Md
<br /> • �auiw �+ow a h«.�R«.prt a ai.propMty.AM�.na.d�ruoe..n.r d.o b.oov«ud b�►ad.s+owNy NwMwwnt.
<br /> . /U d th�Ia�poU�O k r�Msrr�i to N thM Nanilf►bMn�n1 w 1M•Prop�rly.•
<br /> � pOM01MEN COMENANT� thlt li01tOWN i1 hwA�IN ��t�d Of 1M MIN� Mnb!► oawrY�d M1d hY tlN IIpM b qYlt�nd
<br /> -- ix,►;�y�'a R�:y�sd iis�t tha�r ..�I: u�scur�La'.3. �tcr atr,.tt�ts�es a!trce�. L�e�rx►t�ls eed rr� � .
<br /> aMrnd�►.y a�.w.�o a�.�roP«+y.atnse�a.w�s,nd dwrw+d..«�.a w■n►«+a,n,�«�o..a noora. _
<br /> 1?�NS eECUam urslAUIiAENr oo�e�bi�+.. un� aov�w+a b► MYon�l w. .nd non+rYla�+ oov«ww wlln iMM.a M
<br /> ---- — Vtl�Oft���N�t/f7�Ofl 10 OOII�wYff�1M1�01111 M01MMy NNMIMIIMII OoYMNQ fM)P�O�Mti• .
<br /> -- � UI�OAM COVENAMrB. BORGMIK YN�L�IIfM1 OOYNI�RI Mld�M Y IONOWi:
<br /> .� 1.P��t d PrinotpM and N�M� Mp��aRd L�b ChKas.eonowv�h�Il prom�nty p�y wh�n
<br /> •'�� du�tMpNdp�t o1�nd int�n�t on the d�bt�vidma�d b�►th�Noa and�ny pnpaynNnt and I�t�chrpn dw unda th�Nau.
<br /> Z. Fund!for TaxM and Inwnllc�.BubJ�at to aPPilo�W�i�w a w�w�MUn w�hr�r by lwdr.Bor►ow�r�haN pay �
<br /> 1 W L�ndK on 1hs d�y monlhy p�y�nmta w dw undu th�NoM� unlN th�NW�M p�W in iul.a win ('Fundt') � W Y�N
<br /> �„s�1� tous �d� whlah nNy �q�h pdo�ily ovw thM SrauRY Ins�M as a Mn on th� Prop�tY: (b) Ywb ���
<br /> --—�arbs i�S1s6!l� W1l�+�b a Qround nMs on tM R+oP�rty�11�ny; (o)Yw�!► Iward or propwty Ina�tw�PnrnN�: (d)Ywfy wood inwmw
<br /> �,..,'�.lbl�d,�?'���i� P��+�,R�nY �+1 Y�N�����^e+pnn*xn��N�nyr,�nd(Q any wrtM W!�bY Bonow�r to L«�N a000rd�no�
<br /> —=�-�T?9�:� wkb th� provktons of pa�ph 8, h Y�u of th�P�Y�t ��0�Inwnnc�prrmNrns. Th� k«ns an aN�d 'Esaow
<br /> It�.' Und�►m�y. �t �ny 1Nn�. col�ot and twld Funds in�n anw��nt not to acMd tM nwdnr�n�una�nt a MndK lor•
<br /> — `" �`..="'�--:�;•��:�`�:•m nMt�d mortp�q�bm ro�y r�quk�fa Barowws�scxow account w�dr th�t�al RMI Estat�S�t1iMrMnt Proo�durw
<br /> ,��:�ue�:C a� A�a o74 q amMld�d 1rom ti�M W fYn��12 U,S.C.�2601 �t s�q. ('RE3PA')� tr�Mas anoth�r rw th�t appMs b dn F1M1da
<br /> _— --— eNs a M�►�rna�nx H w.L�nd�r nrry,at any tYrn� col�ct and hold Fuods b an�mauq not to�ocoNd thr N�s�r��
<br /> o��i'-,�.,_ �:a,,,,' 'x% Lend�r nWy es1Yn�U th� an►amt W Funds du�on th�Wtls ot c�xnnt d�ta�nd n�son�bi��stltrMtn of�o�ndluws ot 1uMx�
<br /> ia�., � EiCfOW ItM11s o►othNMlli!b�CCOfd�110�WN11�ppMOvllf I�w.
<br /> ;;�?����+�'"�` �. Th�Funds sh�M b�h�d h an b�tlwtlor►whos�d�po�ts an in:und by�i�dwat�pmcyr�In�WNy.a rntltY pnoMidinp
<br /> —� �(1�v'��n�� � Lendw.M UndK b wch �tt InsUpttion) a h �ny F�dwal Honr Lwn &nk. LMUlK sit�appy th�Funds to p�y tht Esavw
<br /> It�. LendK nwy not charp� Barow�x fa holdnp and appyinp th�Fund��amudf►�my�(np th�uorow�000unt a vwMyk��
<br /> . .. . the Esaow it�ns� unMss L�ndu paya Bortow+r InUtKt on Uw Funds and appNabN kw partdts Landar to m�its wah a
<br /> _ � �. , cFwp�. How�rrr. L�nd�r m�y nquin 8ortow�to pay a on♦tim� ct�y� tor�n indM�ndw�t rwl atat� tax npo►tkq s�vto�
<br /> , :.",c:.�. �. us�d by L� h cann�ctlon wilh thfs b�n, unbss �p�c�bM Mw pnwidn othwwls�. Unbss an aprMnwd k n�M or
<br /> :� �. . �ppYe�bM�w nquint htrat to b�pNd.L�ndrr sM�N not be nqukrd to pay Batrow�any Inhnst or wnYps on th�Fune�.
<br /> ,� �, ' . :.•.. ,� Bortowa and L�nd�r may�yrw in wridnp, bowsv�r,that int�nst sh�M bs paid on th�Fuods. l�ndr sh�t piv�to Borrow�r,
<br />. • . '' wkhout char�,an annual aeeountlnp oi th�Funds, thowk�p aedits atd d�bits to th� Funds�nd ih�putpos� tor wMeh reh
<br /> � ..' d�bit to th�Funds v�ns trwd�. Ths Funds w pkd0�d as addltiona�s�curity fa aN sums sscured by th�3�cwity In�trummL
<br /> •- � �'� � B th�Funds h�id by Under pccNd th�amounts pwrtrlt�d to be hMd by�plk�bM Yw.lendr shv aewunt to Bor►owv
<br /> tor th��ocass Fund�in accardmc�wMh ih� nqukMn�nb ot applicabl�Mw.H th�unau�t of th�Funds hMd by Undar at any
<br /> � , � 1Nns b not wlAolent to pay th�E�crow R«ns when du��Unda rtwy so ooti(y Borrow�r h writlnp,and.in such cu�8or►ww►
<br /> �'`';; _ ',,. . • ; ,, sh�N p�y to L�ndw the amount n�wy to m�k�up th�d�cNncy. BoROw�r sh� m�k�up th�d�cMney in no mon tiw�
<br />- • ' . 1wMva monthN WY�t+.�t L�nda's�ot�dita�tlon.
<br /> '�� �'�,: Upon paym�nt h tuM ot�N wms��cw�d by this 3�cwNy Instnunrnt, Lendu shaN prompty r�und to Barowr M►y Funds
<br /> _ '� �}"�:�.''':'•'=T hslt!try lmder. !!,un�!r pete�+►•�h 2!. 1�r+d�r sMdl acquin a:�N th�Prop«ty.L�ndK.P�ior to th�acquMMlon or s�b d th�
<br /> Rop.rty.snar.ppy any Funds n.w byr l.nd.►.t en.urn.ot acyui�iqon or sw■s a a.die ap�tna sN.wm� s.a,nd by a�is
<br /> ' , S�uity Inekument
<br /> ,_,., 3. AppllCatlon of Paym�nb. Unt�ss appNcabie I�w provldea otherwla�, aN p�yn�ents naiwd by L�ndK undK
<br /> psraqrapht 1 and 2 th�M b�ap�Nd: Ikst,to any pnpaymsnl ctuirya dus und�r ths Notr s�cond,to amounts p�yabM undK
<br /> . � paraQnph 2;thkd,to intenet dur,tourth,to pdndpal due:�nd test,to any wt�charyes dut und�►th�Note.
<br /> . 4. Char��s; Uons. Barower ahall p�y aN taxea, asaeasmenta, cha►qes, ftnss �nd knposidons �tMbutabN to th�
<br /> � � - � �-` Prups+ty whioh r��y�ttxin qk►�try ovar this.3scutty tnstrumer►t,and lcaaehdd p�ymenta or pround rents,!t any. BarrotYa sh�!!
<br /> - ' p�y thsee oblipaUone in the rtwnnK provid�d h pa►�pnPh 2, or N not p+Nd In th�t m�nnK, Borrower sh�U pay th�n on rin�
<br /> � dinctty to ihs psraon owad p��nmt. Bomower sh�A promplly tumish to Lander all notices of amounta to be pdd und�thb
<br /> !L.. � P�4�+Ph. If 8ortow� mtkos thes� paymsnta dk�r. Bonower ahaN PromPUY tumi�h to L�ndK ncNpta ev(d�ndny th�
<br /> psyments.
<br /> BotrowK sh�Q promptly dlachnrqe any Nen whioh haa priotity ovsr thia 3ecurity InsUument unless Borrower. (a)ayreea in
<br /> �` w►itinp to ths paym�nt oi the obYpallon secured by ths Ilen in a mumer�ec�phWe to Lendx, (b) eontests in yood faith th�
<br /> +���� Wn by, or dsbnds��inat enforeement of the Ilen in, leyal proceedinya whicfi in the lend�r's opkdon operate to prw�nt ths
<br /> �ntorc�ment of th�Wn; or(c) secures from the hold�r oi the Nen an ayreement wtisfaetory to Lu�der aubordinatlnp the Ww►to -
<br />•.-; � this 3scutiry Instrum�nt It land�r det�rminea thet any part ot the Property(a subJect to a Ilen which may atttln priority over thfs -
<br />- Sscurfty inaWm�►t,Lender may yNe Bortower t notiee identitytny the Y�n. Borrowx nh�ll wtlsfy the I(en or t�k�on�or mor�ot _
<br /> `' • the actlons sd fath�bove within 10 d�ys of the giving of noUce. _
<br /> •• 5. Haxard or Prop�rty► InsurancY.Bortower shiul keep the Improvementa now exiatlny a hereMrter e�sct�d on th�
<br /> " . Roparty insured aq�hat loss by fin, huards inctuded within the term 'extended covenye' and any other hazuds, hdudinp j
<br />_� 1loods w lbodin�,ia whtch Lender requ(res Msurenoe. This insurance ahalt be mNntained fn tho amounts and fa th�pedoda
<br /> , `•1'°'"'` • th�t l�nder requkes. The insurmce artier providlnq the Insurance sheN ba chosen by 8ortower sub)ect to LendK's approvai
<br /> ,.:_,,..
<br /> � :�,,, whkh sh�M not be untw:ombly withheid. If 6ortower fails to mtlnUln cover�gs descdbsd abova. L�nd�r m�y, at L�d�r's
<br /> '� '�?���ta�p�••.���� option,obtain covKaye to protect Lendsr's riyhts In the Roperty in�ccordancs with p�ngwph 7.
<br /> �• �+ s,�'r"f-a�},�� AN tnsurance poNdes md renawals ahsli be acc�pUbie to Landet and ahaN inciude a sUndard moriq�ye dauae. Lend�r
<br /> ��•."� � � ehW h�v�the dght to hoW the pdides and�enwvals. If Lender roquke�, BoROwer shaW prompUy yive to L�nd�all receipt� ot
<br /> ;�' .-�,`!•�;• . � psld pr�rniums and tenwval noUua. In ths evmt ot toss,Bortower ahall qive prompt noUc�to the insunnc�car►I�r and Lond�r.
<br /> �y, � Lender rtury m�ke proot oi bss M not made prompUy by Borrower.
<br /> r� � Unl�ss Lendar and Borrower othwwiae ayne k►wrttlnp, inautanc� proceeds shrU be applied to nstoratbn u rep�lr of th� �
<br /> Prop�rty d�mayW.M the nstonUon or rup�k la aconomic�Ny fe�sible and Lendar'a security la not Ie�sened. It the rastoratlon or
<br /> �" . , re�wk is not �conomlcaUy fwsibla or Lender's :�cudry wouid b�lesaonsd,the insurance proceeds shaU be appR�d to the wms
<br /> _ _ aecurod by thls Securily InsLument, whether or not then due, with any exceas pald to Borrower. ff Borrower abandons the
<br /> ' •,.�f , . . PropMty, or daes not anew�r wkhln 30 deys a noUae from Lender that the ineurance cartt�r h�s ott�nd to erttl�a d�Mn, than
<br /> � s�. . Lend�r m�y copset the inaunnce prxeeds. Lender may ua�the proceeds to repak or reatart th� Prop�rty or to p�y aums
<br /> - . y:�� _.,�. ,:. acund by thi�Seaxtty instrument,whether w not then due. Th�30�y pedod wW Eeyk�whM►th�notic�la yiv�n.
<br /> �, ��._.,:u�: :..• Unlass Landx md Bortoww othstwlae �prce In writtn9. any sppNc�tion ot proceeda to p►indpal ah�Y not axtend or
<br /> ��'�'•� '• • poatpons the du� d�t� ot ths monthiy p�yments roferr�d to fn parapaphs 1 and 2 cx chanye th�amow�t ot th�payments. H =
<br /> ) � � A'-'��•;
<br /> `,��. ''�'; undK pMpnph 21 th� Propaty Is�cquked by Lendrt. Bonowar'�riyht to�ny hauranc�poYdss and procMds nsultkiy from -
<br /> d�n�y� to the Prq�ty prior to th�acqubRion sFuN pus to L�nd�r to th� �xt�nt of th� sums by this S�curUy InstrunNnt
<br /> "� h�dl�hiy pdor to the aa�tdtion. -
<br /> ��__ ��_��a���..� �..J 0 - wi tlr O.ww�a..� iiw.rw..r.�� t w�w -
<br /> . . __ „'7� o. VfLCU�FI�y� rf�irflliRtwy n��uuav..w�w� «.v ..�..`....�.. .� ...�.�..�. _
<br /> ���� '�'f AppIIC�It1011; L.�awhold:.Borrower ahaN occupy, esfabNah, �nd ua�th�Rop�Ay a� Barow�r'a prk�dpN nddena vdthtn =
<br /> �in �� �ty daya aMt the�x�culbn at tl�is S�cwity Inatrument and shd condnu�to occupy th� Propwty �s BarowK's pnc�ipat
<br /> __� ntld�no�for�t iMn on�yNr aR�r th� eMte o}oceupancy. untess UndK othKwlss�pn�s in wdthp,whtch con��nt th�N eot
<br /> b�unnasornWy wkhhdd,or unMss s�d�nwthp ckcumstanees axtat whkh w bryand BarowK's amtrot. Bonow�r �h�A not
<br /> datroy,d�►�p�or h�p�k th�Proprty, arow ths Properry to dM�rioat�,or conMnit waste on th�Propwty. BarowK sh�M b�in
<br /> d�Mt�lt If�t►y tor(�xr�ctlon or proc�Yny, wh�thw dvN or crhiinN.is bapun that in LmdK's yood t�kh judpnNnt couki asuk
<br /> b to�l�ipr�a th�Prop�rty or othMwit.m�t�MNY k�M th.INn cn�t�d by this,�c�rlty Instrum�nt or L�ndu's s�owlty Int�nst.
<br /> ��i�.uw�� PaW 2 ot 6 �,1�a``�-'
<br /> — a,w.ua
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