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<br /> ,t_..^ . TOGEfHEH WITH �M th� hprarwrnnfs now a hKMfW�not�d on th�prop�tY. �nd RII�awrn�nt�� �ppert��noN. �nd _�
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<br /> .N,r. ` � NAw� now a h�ft�t a P�of t1w P��Y.AN npYca++mts md�ddklon�thall aiso W ao�nd bY thls &auRY In�trwmnt
<br /> �' A�I of�h.Io�w�+o M mlrnNa to h thk 8.aurkr h�nunNnt u th.'PropMSy.•
<br /> ' 9QiifiOVVER COVENANTB th�t BortowN M rwluYy�1�d of th� �ttat� hurbr conwy�d�nd h��Ih�rpht to pr�nt �
<br /> - —_-- - ;�....-..,..�,�r conw�r tiu Prop�rtr �nd lh�t th�Frv�iy i� u��i:�umDz.�d,o�xspt for �rtCUmbnt�CtD of r000rd. Bbrtow�r wart�ni�and w� --
<br /> uY'��,r,.�iZ�.. d1Nnd p�NY th� tIN to ttM PropwtY�Inst rN Ol�im�and dMn�nd��Wbj�ot W�ny�neufnbnrlCM Of nCOrd. �
<br /> :..�LaFs:� °. THIS 9ECUF11iY INBTRUMENT CombYws unMortn oorw►�nb 1ot n�tlorwl uq �nd non�unllonn Cov«ilntt wlfh NmN�d �
<br /> . v�rl�tlons bY Iuri�dbtbn to aonttllub a unlom� MourltY bqrwrNnt aowrinp n�l propMty.
<br /> �•~ UNIFOiMA COVENANT3. Bonow�►�nd I.�d�r oovenant end����owt: � __-
<br /> �:��.�, . .�, t. P�ym�nt of Prtncip�t�nd Int�r�q; i��P�y�nrnt an� Lat� ChMrp�a. eor�row.r.�aa aoma�N ar w�+ —
<br /> , . ` du�11N��W►t of�nd hbr�tt On f!N dM>t�vidln0�d by tM NW�Ilnd�ny P�'�WY�t�nd Itb oliaroM dW undlr th�NoM.
<br /> . . . 2. unds tor Tax�a and 11'fi�1(�I1G.SubJ�ct to appYCaby I�w or to t wrRten waMr by L�ndK.��►�ha11 Pq Q _-
<br /> - ,�6.�,".•r:,:��::�.;" � w t.«�dK on ce.d.r n+onchb wyn�►n w dw und�r 11N Noa.urur tn�Noa t�as�d tn�,r,a wm c�una') for: (a)Y�b N
<br /> ._ z' Wnt tnd��sn►ents whbh rtwy athh prbrMy owr lhi� S�a�wky Inspummt as a N�n on tIN Prap�rty: (b)y�rF�r MaMhOkl �
<br /> -�:—"'� . paym�nts or�►ound nnt�on tM Propwty, If anyc (a)Y�M hwrd or PropwtY Insw�ne�P+'�'�bms:(dl Y�b fbod Inwrsnc� �
<br /> •_ t� � piwnlums�If anYt (�)�N�0�Inwr�lr Onmiunu� R�nY:�nd(4�Y�WYAbM by BorrowK to L�ndrr N accordnnc�
<br /> .,,;�� , wkh tM provklon� 01 WtiO��Ph 0, h M�u of th�paYm�nt of rtartp� Mwrana pnmlum�. Thas� R«nc w c�Mad 'E�crow
<br /> __�#h , • INm�' i.�nd�r m�y, at any tFs+a,cat;ict and hob Fundt tn u+ �mount not to acMd th�m�ckrwm�mount a I�nda for a �-
<br /> pWr�py ntat�d mpApap� ban may nquin fa Borrow�s Kcrow�ccount unda tM t�drrai Rni Estat�S�tlwrwnt Proc�duns
<br /> =�.�A�.,.n��.. .. ,,. ,z {b Apt Of 1974 af artNndW kom tlm�t0 tYm,12 U.S.C.�2801 �t t�q. ("RES?A'), unM�s �nOtha kw lhat appfis t0 tfN Funds
<br /> "�T,�j ! . �ts �I�Nr�moun4 It sp.L�ndK rtwy,at�ny tlm�,aotMat and hoid Funds In an�rnount not to �xcMd Ih� k�sK�mount.
<br />-'-- ;, L�nd�r rwy atimu�th��mount of Fund�dw on th�basN of eurnnt data and rrson�bM atim�as of�o�pndW�ns of h+wn
<br /> � Esa�ow Iams or oth�rwiq h sceadane�wRh �ppkabw law.
<br /> Th� Funds shaM b�Mid h �n hstkution whoa WposRs an hwr�d by a Nd�rai ap�nay,h�trum�nuYtY,a�ntky (incWdlnp
<br /> I.�ndu, M UndM'k wch�n Mstkutfon)or in aey F�drral HortN Lwn Buik. L�nd�r shaN appy th�Funds to p1tY th�EcCrow --
<br /> � ' *' � It�m�.L�nd�r m�y not ch�rp�Hortowar 1or holdhp and appyhp th�Funds,mnwMy�ytinp th�Mcrow aaount, or v�rityinp
<br /> �•a t'scrow i�xna, unMss Lend�r ptys Borrowv ht�ntt on th� Fund� and appYCab� Yw p�mkt Undu to mak� �uch a �
<br /> � charp�. Howww.I.aidw may n4uir� Borcow�r to pRy a on♦tirtM c►w►q�for �n tnd�p�nd�nt rMl �staa ax rri►ati'W s� �
<br /> ut�d by l.�ndK h conn�otion wkh thlt lan, unbss appNCabN rw provida othwwk�. UnMs� an Wrwnwnt �s �'ud� or
<br /> appNc�bM law nquires „Wnst to b� paid,I.�nd�r shaM not W nqulr�d to pay Borrow�r any Nt�t or N�rninps on th�Fund�.
<br /> - BorrowK and I.�ndor may apn� N writhp, howrwr, that inbr�st shau b�pltid on th� Funds. Undar shaM phn to Borrowu, --
<br /> ' wkhout chu�,an annwi�ccounthp af fh�Fund1, showinp cndR4�nd d�bks to th�Funds and th� purpow lor whbh Mch �"-
<br /> d�bk to th�funds w�s macN. Th�Funds�tn pi�dp�d ts addkional sacurity fa�u sum:tecund by tha S�cunty Mstrum�nt. _
<br /> If th�Funds twW by Und�r�ccMd tlw amounta pamNtW to b� h�b by appYc�bl�kw,i.�►dar s1uN aaount to Borro�w�r ---
<br /> tor th�oxc�s Funds in acaordane� wRh th� nquinrnonts of appucabla kw. tf th�amount of th�Fundt hold by UnWr at�ny
<br /> thw k not sutficMnt to pay ths Eicrow ItMni wh�n dw, LandK may so notYy Barroiw�r h wrkinp,and,h such etW BorrowK
<br /> thalt pay to l.�ndr th�amount n�eYSSUy to m�ko up th�d�tbNncy. Borro�wu stuiY m�k� up th� dNbiu+cfr h no rtaro th�n
<br /> ' hwlw monthq p�yrrnnts,at l.�nd�s soM ditcntton.
<br /> Uppn p�ym�nt h fuN ot all tums s�curad by this Sacuriqr Inttrumw�t,UndK shtQ prompty rNund to Barow�r�ny Funds
<br /> ..' hNd bv I.�nd�r. M, und�t panOr�Dh 21,l.�nd�r shall acquin or�aN tho Propwty.LondK,prfor to th� �cqukibn a saM of th�
<br /> ,' P�pp�ty,fhtN appy aoy Funds hNd by Und�r at th�tkn�of �cqul�Rion or a�as a cnOK�nst th�sum� s�cur�d br this
<br /> S�aurity Inetrum�nt.
<br /> 3. Applic�tion oi PaymenU. unNs� appliCabb Iaw provldes otherw)sa, �N pnymanti ncdvsd by latdlr und�r
<br /> parapraphs / and 2�haA W applUd: flnt,to any pnpaymont clwqs due under tha Nota: s�cond,to unounts payab�under
<br /> panpraph 2;thkd,to htor�st dua;fourth,to p►Incfpai dua; �nd �st,to any yte Chuq�c dua undar tha Nota. __
<br /> 4. Chir�Qi; Liens. sorrowsr shau p�y all taxes, assessmenta, ch�rqas, tin�s �nd Ynpockbns �ttributabw to the
<br /> � � Propwty whlah rryy attah prbrity ovar thk Sacurky Inatrumant, and Iefsahoid pl�yrnants or qround rents,M any. Borrow�r 3Mt1 _
<br /> � pay thos� ob�ip4tbns in tha manner providod in pYrayraph 2, or it not ptld h that mann�r, BortOwar ehaB pay them on tYn�
<br /> j, dkecty to tha person owed payment. Borrower shali prompty lumish to Le�der all not�as of amounts to ba pdd und�r this ���
<br /> )'_ parapraph. If Borrowar makas thaso p�ymonts dincty, Borcowe► shan prompiy lumish to Landor nc�pts wid�nelnq th�
<br /> G:=
<br /> 1 payment5.
<br /> ,��'�, Bortowx shali prompty discharyo any iien wh�h has prbrity oMer this Security Instrument un�ess Bonovnr: (a) �prees h �"�-
<br /> w�ttinq to the paymint o(tha obltpotfon secured by tha Ifen h e manner acceptabie to Lender; (b)contests h qood faith the
<br /> ' Ilen by, a d�hnds apahct antorcartwnt of tho Wan in,qpat procaadhqs wh�h h ttw Londer's opinbn opeala to pre+ront the 5
<br /> antorcertwnt of the Wen; ar(a�sacuras hom tho hokfYr ot tho Iten an apr�ement satistaCtory to Lendor aubordhatYp ths Ifen to �°:•_
<br /> ' � this Security�nStNment.if lendar detarmines that iny p�rt of the PropeAy ia subJect to a Ilen whlch may attm prlority o�lhis k°•
<br /> Sacurity Instrurtwnt, Lendor may 9ive Borcowar a notica identHyinp tha Ilen.Borcowar ahtN satbly tha IWn or uke on�or more ot �';
<br /> ' � the�Ctbns Set fath tbove wkhin 10 days of th�pNinp of noticQ. L
<br /> , 5. Haza�d or Property Insurence. Borrowor sholi keep the improvemants now existkp or tqre�rter erectad on thQ 4�^'
<br /> � Property hsured opahst bss by fre, harards hciuded withh the term "extendad coverepo" and any othar huards, includhp �
<br /> IbodB or fbodin�,tar whbh Lendar requkes �nsurance. This i�surance ehall be meintaWed in the amounts and tpr tha parbds t::;`
<br /> that Land�raquires. Th�insurance carrqr providhq the Insurance shall be ohosen by Borrower subJact to Lendx's approv�t ��� .
<br /> . whfCh sh411 not be unraasonably wRhhYld. If Borrowpr tails to maint�in oovoropa dascribod abova, Unda may,at Lindwc i;;�,
<br /> ' optbn,obtah coverape to protect landwc rqhts h tha Property h accordanca with panqraph 7. ��;^�;
<br /> � All Insuranee pol�ies and ronew�is shatl ha �cceptable to Lender and shau Includo a standard morty�pe causa. Lender
<br /> : • , ihall have tha ripht to hotd tho pol{Cqs md r6newals. �f lender requires,Bonower sh�N promptly qlve to Lander�A raCalpts of
<br /> „ , t� pald pranfums and renewai noticas. In ths event of bst, Borcoww�haU aNa prompt not�a to tha Insur�nco ctrriar and Undx. {
<br /> ` . Lancfar mpy make proof of bss M not mada promply by Borcower. ?
<br /> � . UnWes Lendar and BoROwar otharvviso apr�h wrAinp, hsuranc4 prxeeds shall ba applad to restoratbn or rep�ir of the �
<br /> , � � j Proporty dartwyQd, a tha rastoratbn or rapair is oconombaly faacible and Lender's securicy ia not lesse�wd. 11 lhe restoratbn or �
<br /> ropafr is not aconorn�ally fensibk or Lander's security woutd ba lass�nad,tho inauranca proeaods zhall bo appliod to tha sums
<br /> '=•3 SeCUrid by this Security �natrument, whether ar not than due, wRh any Y�ass paid to Bortowar. If Bortow9r �bandons tha .
<br /> -�•. • Propwty,or daea not answw wilhh 30 days a not�a hom Lender that tha insuranea curfor has oHerod to seltla a cklm, th�n .
<br /> � * Lenda may calbct Ihe hsuranco prxvods. Lender may usa tho procoads to rapak or restoro tha Prop�t� or to pay aums
<br /> '��� ' socurod by this Security Instrument,whottWr o�not than due. The 30�day perbd wlll bepin when the not�CY is yivin. �
<br /> : � i Untess Londir ind 8ortowor oth�rwise apne h writinq. any applicatbn of proeoads to princtp�i aMU not axtand or .
<br /> �' postpon�tha dw d�tQ of tho monthly payments roterted to in pacapraphc 1 and 2 or chanpe the amaunt of tho paymants.If
<br /> 5�- . � � under parapnph 21 tha PropaRy fs acqulred by Landar, Bortawer's rlpht to any hsuranea poNcies and procwds rasukinp hom
<br /> dam�pt to the PropKty prior to thQ acqufshton shaA pasc to Landar to th� axt�nt of th� sumt by thi� Slcurity instrum�nt
<br /> _ :. . inxn�dfatNy prior to tha acquiskbn.
<br /> �'" �'���•�1_ .s� a. lfeeueanev_ Vra:ervatien. �Ilalntenance ind Protectlon ot the Prooertv: Borrowe�'i LO�n .
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<br /> -- ��,, � . ,_,_,„ ,�,,,,,, AFlp11Gt10�; LQ�fEh0ldi. Borrowu shall oecupy,�subNSh,antl usa tM Propa�ty as BoROwar's prinelql rssld�nea wkhh
<br /> _ ' • . �bcty days NtK lho a�cutbn of thls Saeurity Instrum�nt and shaN contlrwa to occupy th� Prop�ty as Borrow�r'a princlpal
<br /> rasid�nc�tor at Mast on�y�u akx tha daa of occupmcy,unqss Land�r oth�wfs�aproos h wrkinp, whieh conwnt shatl not
<br /> - b�urnwfonaby withh�id,or unMs:�ocbnuathy c�rcum:tanca�x�st whlah�n bayond Borrow�s conGOl. Borro�w�r shaN not
<br /> � ' d�atroy. dom�p�or YnpaM th�PropKty,albw ttw Prop�ty t0 d�tKiont�, or Commit watt�on th�Prop�ty. Banoww sh�N W h
<br /> . .. 'r dMauk if any 1oAWltxr aCtbn Or prOCMdinp. whMhK CNW Or CrYnh�i,k bpun ihat In tand�r's qood hNh judp�rNnt could ntuk
<br /> . ��: b fodNtrxr of tM Prop�ty or otMrwia mat�y hipat th�Y�n cnatYd by thb S�awlty InsWmint or l�nd�t saurity ht�rpt.
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