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<br /> , . . ,. � � TOGETHER WITH�N tIW YnprownM�tt now q ha�rMlt�►M�oMd on th�prawrty, �nd s11 t��wnenit, �ppuAin�ncN. luid
<br /> � . , • IMturN now a hu�sMn�P�ot tM propwtY.AN npi�dnf�np and�ddMlon�sh�A ailo b�oovMrd by Ihk MG►rMY hskwn�nt.
<br /> "`. '�' , • AN o11M b►�pofn0 M rWrhd to b thM 8rowky In�Mutmn111�Ihs 'PropMty.” CO
<br /> ;,,,,�,,,;;,,,�;.',`' 80RROM�R COVENANTB Ihq Borrow�r M ywluNy f11s�d ol th� Ntab hM�by Conwy�d Md ha� ih� tlpht to pt�nt v�q 4�
<br /> - -..,... .., . oonwp ti» �ruywiy �r+d ti+�t i`� Ft-�-'2y ta ut�utr.�c��a,c�t tet eROUmtrrenee! o� +eooM. �e�neww► w�rnnls �nd wIN 1 _.
<br /> . , d�NnO oMiM�1Y th�tMb to lf»�rqp�try�qNSt�A orYn�1nd OMn�nd��wbJ�ot to�ny MiownbnnON Of r�ootd. �
<br /> . .. THIS SECWMTY INBTAUMENT oortibY� unMonn oownM�ts lor n�tbrul uw v�d nanunlorm oowrwnu wRh wNMd
<br /> ?. v�rl�tlGn�by JurlsdloffOn t0 Con�tMuM�untlonn NCUrItY N11ru�nlnt oOvMbp rM�P►�Y•
<br /> ' UNIFOI�M COVENAN76, 8araw�r�nd L�nd�r aov�w�t�nd�prN�t lolbws: � _
<br /> ; ' 1. P�ym�nt of iMinolpN �nd IntKHt; Pr�p�ym�nt�ed 1.�2� Ct�q�a. earrow�r�n�w�on�ti wr w�+«�
<br /> � dw tM�Ipat of�nd inlMNt on th�d�bt wWmc�d Ey Ih�Npt�md�ny pp�ymrnt�nd rM e1wpM du�un�Mr tAa NoW.
<br /> ` ,;, 3. FY�tdB 10i T�IfE� �nd Inw�mce.3ubJ�Ct to �pAMC�ble 11w or to 11 wrkt�n wsNM by l.MtdM. 8ono�w�r shdl p�y � _-_
<br /> to L�ndK an tM day montnN p�ynrnn w dw undK 1M Noa. untN th� Not� M pud In lu�,a wm ('Fund�') Ia: p)y�1y
<br />_._.=' . . . , ,�� taN rnd��aswNnis whbh may �tl�h prforMy owr Ih� Sraurky Instrummt ss a INn on t1N Prop�ty; (b)yMdy IMNhold
<br /> ,;::'�•� . . p�ymmtt or qramd nnt� on th�PropKty.M any: (o) YMr1Y ha�aud or propMtY hsuruic�P�«nlums; (d)YNrN flood inwnne�
<br /> �� pr�mium��N�nY:(�)Y�N�q�0�h�unnc�P��ums�Y �nY� �nd(f)my wms WYabM by BorrawK to Und�r h�ccad�nc�
<br />��, • wNfi tIN ptOVklon� Of panqraph S, in Nw of th�paY�t of mortp�Inwrmc�pnmlum�. Th� R�ms �n cawd "Escrow
<br /> :�=• , It�mt' L�nd�►nuy,at ilny tim�, colMot and hold Funds h an unount not to�xcNd tl+�m�clmum amount a Imda la a -
<br /> -� Nd�nly rWt�d matWO� Iou� nyY nquln for Borcow�t�aow �coount und�r tha Ndua� FiMt Ettab S�ttNrtwnt Proaduns �
<br /> wY'��' Aet of 1974 u�rtNnd�d kom tim�to tim�,12 U.S.C.O II60/ « s�q. ('F�SPA'), univtt anottMr �w that appWs to ttw Funds
<br />'���.
<br /> �;:�, ats �IKSw amount. If �o. 4�nd�r mty,at �ny tknt. coN�ot and hoW Funds tn an artaunt not to nocMd th� Mcar tmount.
<br /> Und�r rtyy «tirtrt�th��+nount of Funds du�on tl» buis o1 cuinnt d�ta md rMSOn�by�tlm�tn ol�ndkuhs of tutun
<br /> � Eterow ItMni a►othMwis�Yt accordmes wNh appNcabl�Yw.
<br /> Th�Fundt shaM W h�W h m Imtkution whoa daQOiks 1r�htund by t f�daai�p�nay, lnstrum�nhlity,or�ntky (Ywtudhp
<br /> L�ndu, N L�nd�r It weh m instRutton) or h any F�dqrtl Ham� Lan Buik. L�nd�r thiN appy th�Funds to pay Iha Ecerow 'T`
<br /> It�.LM�dK tnay nOt Chatp� BOtrOMMr tOt hOldBp�nd lpplyhp t!N FundC.�nnwNy anayz�nq th��crow�ccount,or wrifyhp
<br /> • tM Esa►ow IIMm, unl�ss I.�ncMr pays Bortow�r inwwt on th� Fund� and �pplic�bw 1aw p�rmR� UndK to m�ic��uoh a _
<br /> Ch�rp�. HowwM, LM1tNt may r�quk�Borroww to pay�on�tkl'Mt Charp� (or sn hd��nd�t tMl�st� tax r�aRhq sMViC� �
<br /> u�ed by L�ndK h eonn�ctbn wAh this loan, unbss rpplk�bia Yw provid�s oth�rwip. Unips an �prNnNnt k mtdt or
<br /> applic�bM Itw r�qukas inb:�it to b�1 paid,I.�nd1r shall not b�required to p�y BotruwK any Inbnst or Nminps on thi Funds.
<br /> BorcowYr and I.ondar may aWM h wrkinp, howova.tfut inUrost �haW bo pdd on th� Fund�. Und�r shaN piw to Borrowa�. ---
<br /> wMhout oharp�, an m+wal iccountYp of tha Funds, showh9 crodRa and dabks to thi Funds�nd th� purpoN for whkh Mch
<br /> ` cMbk to th�Funds w�s mad�. Tha Funds ua pMdqed as add'tbn�i securky ior aN aums t�cund by th�S�ourily Instrummt. -
<br /> M th�Funds hatd by L.rnd�r axcMd fh�amounts pMmitbd to ba hNd by appYC�bl��w, l.�ndor ihall acc0unt t0 Sor�rowar --
<br /> (or th��cais Fundt h accordmca with tha roqulrarwnp of�pplfcabM t�w.If th�amount of th�Funds hald by Und�r at u�y
<br /> thw k not sutFicMnt to p�y tht Eicrow itwns whin du�,Lendx rn�y t0 notYy BoROwx Yt writhp,�nd,h such cata BorcOww -'
<br /> , � shall pay to L�ndK th�artwuni naca�sary to rrwke up 1h� ddicWncy. Bortoww shaY mak� up tM dafbMnay tn no mon than
<br /> twdu�monthy paym�nts,at Lendars sola discn8on.
<br /> Upon ptymont h IuM of all sum�socund by thia Srcurily tnsWm�nt, Landor shtll prompty rNund to Baro�w�r any Funds
<br /> j hetd by LandK. If,�undar parapraph 21, Landw shaA acquke or seY tha Propwty,tand�r,prior to th��cquiskbn or saw of fha
<br /> • . � � � Prope�ty,sh�t�ppiy any Funds h�10 Oy Untlw at tna tme ot aaqu�sKwn or saM�s a crodR apeinst th�sums srcur..d br it�i� '
<br /> ' SeCUrNy Instnxnent.
<br /> , • � 3. Appl3astion of Payments. Unksc applfnbte Ww provldes otherwise, aN paymentc roc�Nad by Und1r und'x
<br />� puapnphc /and 2 shili b�applfod: first,to any prap�Yment charpes duo under the Note; second,to�mounts payabM under =-
<br /> panqr�ph 2;third,to int�rest dua;fourth,to princlpai duQ;and tsst,to any kta char�es duo undar tha Nota. -
<br />'�� 4. Clw�es; Lfens. 8orroww shai� pay au w�es. �ssessments, charyes, fhac a�d �mposittons attri�uubM to thQ �
<br /> Property whieh nuy attah priority over this Seeurity Instmment,and teasehold payments or yround rantt,if any. Borrow�r shaN ��_`.
<br /> � pay these oblipatbns h tha monner provWed h paraqraph 2, or M not paid k► that manner, Borrower ahall pay thom on tMne
<br /> �., dlrecty to tM pwaon owed payment. Borrower shatl prompty fumish ro Londer all notf�as of amounts to be pab untler this F� "
<br /> parayraph. I} Borrowor makos thase payments directy, Borrower shaU prompty fumkh to Landar taeoipts avidwfchp thv
<br /> �; payments.
<br /> ; E Boaoww shall prompty dfschar�any lien whiCh h�s prbrtty over thts Security Instrument uniess Borrower. (�) �prees h '
<br /> writkp to t1»payrtwnt of the obUpation secu�ed by thQ Yen In a manner aceeptable to Lender; (b)conrosts h pood f�ith thQ rT
<br /> Gon by, ar d�(onds ayahst enlorcamant of tho Yan h, ppal proceodinqs wh�h In tha Landar's ophion opornto to pravw�t the w,=�:
<br /> �`� en(orcwnent of tM Ilan; or(c)secures Nom the hoWor ol !he Ben an apraement satisfactory to Lander subordhatiny thi Iten to M;°-
<br /> ! � thfs Security Instrum�nt. It Lend�r detarmines th�t any put of tha Property is subject to a Ifen which rtuy attah prior'Ry over this ��
<br /> Sacurity Instrument,Landar may piva Bortower a notiCe idQntlyinp the YYn. 8onowor shaA utisly ttw lian or Ukt orw or mor�Of t�-•
<br /> thf actbns set forth above withh 10 d�ys ot tha pNin�of not�e.
<br /> ' b. Hatard or P�operry Insurance.8ortowlr 5hY11 keep ihe improvements now ex�stinp or hYr�pft6r eroCtod on the ,
<br /> � PropKty hsured apahst bss by tra, harards includod within the tetm "extended coverape" and any other harards, includ'ny
<br /> � lbods or floodinp,tor which Lender requires insurance. This hsurance shaA be mAintaMed In tho amountc and for tha periods : =-
<br /> that LandK roqufres. Tho hsuranco carrler provkfiny the insuranCe shall be chOSen by Bortowar subJact to Landor's opproval
<br /> whfah chaH not ba unrvasonabty wdhhold. If 8ortoww faf� to mahtnln coverayo doscribQd abova. La+dor may,at Landx's
<br /> � optWn,obtah cownpe to protact Londer's rghts h the Property in accadance with parapraph 7.
<br /> � . � Au insur�nco po4Cies and renewa�s sh4N be acCeptlbie to lender pnd Sh811 InClude a standard mortqaye Ciluse. Lend�
<br /> ��� ; ' � shall have tM ripht to hold the pollci�s and renewals. If Lentler raqu'res, Bonower ShBU promptiy phre to Lander aY roceipts of
<br /> j. • . � paid promiums ond ronewat notices. In the event of bss,Borrower shaN qive prompt noticQ to tha hsuranco caRiar�nd Landar.
<br /> � Lond�may make proof of bss if not mada promptly by BOrtower.
<br /> ' UnWss I.andw and BortOwar Othawisa aprYQ h wrlinp,nsurancv proceeds ShaN bo appiied to reStoration or repair of tha
<br /> i , �i Propaty damipad, k the restaation or repak is oconomicaly Ieasible and lender's sacuriqr is not�essen�d. It the restoratan or
<br /> repat is not econom�ca�y kasble or�ondor's sacurrty woutd b� lessonaf, ttw nsurance procosds shail b�appNed to th� suma
<br /> W'� � aaaursd by this Sxurity instn+ment, whath� w nat tlwn due, wilh any excoss pab to Bortowxr. If Borrower aba�dons th�
<br /> S;�
<br /> � �. PropKty,or doat not answQr wRhh 30 dayc a noticQ hom Lw►der that tha insuranca cartbr has oMerod to s�ttW a Cyim,then
<br /> �; • Land�r may coYOCt ttw Insuqnce prxeeds. Undar rnay usa the prxeods to repair or raston thQ Prop�ty or to piy sums
<br /> � �` • a�CUr�d py thie$�CUUty Instrument,whYther or not than due. T'he 30�d1
<br /> . y period wiN beyin whM�tha notiC!is giwn.
<br /> :` Untats I.�dor and Bor►owar otharw�se �prw in writirp, any apptication of procaeds to prinetpat sMa not aRe�d a
<br /> �� ', { postpa�tM dw d�ta ot t1a monthy paymentt rala►rad to n paraprophs t and 2 Or chanpo tha amount of ttw payrtwntc. It
<br /> +, • undK p�raQnph 21 tht Proppty k acquirad by Undar. Bortowar's rpht to any hsuranca poYCi�t and proeNds rasuNinp kom
<br /> �' . � dur� !o th� Prop«ty prior to tM �cquisR�on tha11 p�ss to Undar to th� �xt�nt of th� wms by this S�cwRy tn�trurtwnt
<br /> - . . . MmwdWMY Orio�to th��cqufsRan.
<br /> -�'_• 8. Occuoancv. Prea�rvatbn. Malntenance �nd ProtecUo� of the Propertv: Borrower'� Lo�n
<br /> _ ,_ � . . �� App1lC�tiOD: Le�ilh0ldi.lioROw�r shaM occuDY.atabtsh.uid us� tM P�op�Ay�s BoROw�s prinC4���� wfhin
<br /> f: ' sidy d�ys aR�r tlt��cutio� of thk S�CUrlty instrurnMrt �nd shtlt Continw to ooCUpy th� PropKty �s Borrow�s pri�clpal
<br /> ' � nsidma fa at Nut on�yw aMr tM d�t� of occup�noy,untoss L�ndK oth�wfc��pr� in wrRinp.which conrant chaY not '
<br /> :+�►: � �` b!t�M�onlbly withANd.or unlPSS�O�nwtiny CircumtWC�e iocist whlCh�b�yond BorrowM'f Controt. BarowK sha�not
<br /> d�stroY.d�rtips«Y�pah tt+�propMtY.arow th�Froputy to d�torbnb� a�commit w�st�a+th�Prop�ty. Borrow�r sh�ll bt n
<br /> -•:�v1„::.....� d.hult �.ny IodWw..ccton ar proa.dtrp. wn.tn.r cMi««imina�. K b.pu� tn.t in tana.r's yood r'th�udpm.nt coutd nwk
<br /> , •�,�,. a h foA�Rt�o�tlN Prop�ttY or ath�rwlt�nyMr1U/inpaY thY lin uMt�d bY Mk S�utkY M�strunNnt a L�ndKs s�CUritY ND�nat.
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