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<br /> `' r Ut�ORM OOVEI�i►N'!'S. Bo�orver agee as fdIorvs: �° _. .
<br /> VE" �Lta+at;�t+eMl�e�t atl Late Ci�es. BocrowCr al�U promplY P�Y wbea due �
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<br /> ' ` • I. laya�esto[��+1 �nd t�te esdue uaderthe Note. ! ` -� ",`
<br /> _ � � t�pcineip!of aod inte�at oa tbe de6t evidqaced b�t the Note ae�mY P�Y� �� • ' ` ' , �-
<br /> Sub' to
<br /> e iaw a w a ariuea waiva by Leeder,Borrov�es ahall s :� . -F
<br /> ..: - ' _... _ • . pY w leader on tl�se y momhly payments ue �imder�the�Nate.unW tl�e Note is piid ia fult.a som t"Fm�ds")far: � _ _
<br /> ��-.-- --_-�'_--_ ��)Y�Y�aod assessments wdich mtY amin Prio�ttY aver this Secatiry�as a tiea os tha Froperty:(b)YarIY '`•- - --
<br /> = . 1�P�Y�a'E�'�d�s an t6e PcoQettSr'.it any:tc)Yeuly 6azard or pcopetty insurance pctn�iwms:tdj YeartS► s:. `, , `
<br /> "' • '. ;ood iasutu�ce praninms.if anY:(�)Y�Y�8e�P�imms*d a°Y:aod(fl�►Y�WY�bry Bosro9ra : '
<br /> ' ' w L�eada,in accard�nce wit�tbe pmvisiaas of pusge�pA S,ia lieu of dje p�ymenc of mortgs$e ins�uanoe p�.These �. • .
<br /> ` .. i�ems m nlled"Escrow Items."Lender may.�t aay time.ooUsct and hold Fands in an�mau�nat to ea�ceed tbe ma�nmam , .,
<br /> _ - - . ' - ' 1WOItnt s 1ClIdC�'�C!a fCdlf�1lY ICI�fEd IDO[t�E ldti IDay YEQItt[C fOt BOfID1YCt'i lSCfoW aCCWOt t10d�f tLC fEdC[71 RC�1 . . _ _., ���„�
<br /> � , . .� ` Fsnoa SeNaaaent Procednces Ace of i9?4 as amended fmm tune co ume, 12 U.S.C. �2601 a t�q.(••RESp�►••).��ts ;
<br /> �: '``` .. aool6e�taw thu applies m tT�F�mds sda a ksser amaam�.ff so,I.eoder may,at any wne.croUoct aud taW Fwds in aa i .
<br /> amaa .
<br /> - amouat na ta exces�the teaser ameuat.i.ender msy estiA�t5e amoont ot Faads doe oa tbe�asis k�catRa�t dats and ` .
<br />�"`�'' � , � rason�b�e�of expendimies of funtre Esc�a�v Ioems or atherwise in acoordance wit�t applicab
<br /> r:.'; �-: � -_ _ - . Tde F�ds sda1L be held in sw�on wLame de�osits ue uaiu+ed by a federal ageacy.�.��Y . . -
<br /> .. -n Qostt
<br /> ;�::� s, ' °: ('wciudiag Isnder.if I.ender is such an�oa)a in 9nY Fedaal Home I.oan B�nk[,eader s�U apply the Fimds w •
<br /> , ,. ' ��� -=�, �..� d�e Foads,amnaIIp awlyriag t6e escnow . ..
<br /> :v:i�'r. py tbe F.scroi�v Items.i�eader may not csarge Bornovver for 1w1din8�aPPjY�B
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<br /> - -'=�_ __-- �--�:� a�yv�t,or verifying tlyc Etctaw Itzms,wkssLender pnys B�mwer iMC�est on tbe Ftmds and applicaWe law peim�Irader. -_ -_.- - -
<br /> . .' w malce s�g�e,However,Lender maY requite Bo�owet t°PaY a°°�'time c�8�for an mdependent ce�I a�tate � . V . . ,
<br /> < . � �� nS►I�d�in aonoec�an v�rnn ans w.o,mlas��►P�'��.oni�s��Ceemeac ;.
<br /> .2^:>.� �� .�, -. . .-_. . « s�avioa used � sbaII mt be W Hoctower any i�etest a earaings -. � - �'�' .
<br /> _ f is made ap�ble law requices iaterest ta be paid,Leader �+eq�in� P�3► ,.�.
<br /> '.'-�._�'r , , OR d!e Fmlds.;�a[I4WCr and 1.e11de[miy a$t+ee in wridA$,howEVe[,1�t intC[+est s6�ll be p�id on tht FnDds.I.eI1dCi shalt ' � � .
<br /> :. t�4 y� .. • Eive to Baiu+��,'.����•au�mnnu�l aocamt�of t6e Fuad4.sbowing ctedi�aod debits W the Fands aod d�e piupae ;:;?��;:,: � .
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<br /> � �`'�:���' � tix�ic�ead�de�+A?d�eFwds was made.'tUe Fimds ane ptodged ac addiaon�f sec�riry fa all s�s soc�ued by.t6is . . :�;;•:i�: .
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<br /> :,`�� � `. . � . _ . . ��st�ia�y�i�oa��a�ne��meea�aaby��w,��u�wa«�. �. _ � � ... _. .
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<br /> �•�i' for tba exc���ds ia accordwce aith tde requireme�s of appiicable taw.ff the aa�t of tbr F�ads held by l.eader�t� . . ,
<br /> ?;i v�'' . . �ny time is�r,�t:sa�"icieat w gay tho Fscro9v Items wben due,l�ender may so notify Bocrower ia�g.and..in wch pae . ` - .
<br /> ��`�"�� � � � to Lender the amonat ta m�Ice up the deficieac.y.Boaower shaU msdce up tbe deficiency in .. .
<br /> Borruwer s6��PaY �*!' _ , .,:r�.
<br /> ,` . m morc thaa�vrelve monthi9 P�Y���at Leader's sote discreoion. �;. . �
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<br /> . in.fvll of all sums seeurod by this�Se�sricy Insuumeot.Lender shall PrompttY refwd t�1�ypvPSr• •'`l�+�t,;;�:;
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<br /> '�;����>� � ° �y g��jttfy l.ender.If,Under p�rsgraph 21.Lender sball acqiur�e or sell the Pcoperty,Itader,pfior W tbe ac'$n�sitzc� , ; . • . -
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<br />:��<,;;�-; . , . • ' • .._--..-- or aak of dae �' s�ll apply any Funds held by I�ender at the tirae of scquisi6on or s�le as s ctedit agamst the sums. ..
<br /> 4 4Y�' _.IT�. —-1 _ _ _ ���. �'�I���- .: __ ' _ _ .. _ . . . • .. �'�'� 1.,- , .
<br /> .: .; ::-..�,, j . 3, A�fpic�atio�oLPayeenb. Unless applicable hw pravides�isc,�P�sYme�s raxived by I�eader uader ���',;:�:.,.�;:.
<br /> ,. ; ,�Y`>`'�`'`; • ' pasg�aphs 1 aad 2 sh�ll be applied: Ymeot charges cb�e under tl�e N�eeooid,w amamts pay�ble uader ' • '
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<br /> �:, . . . p�ragr�p�Z;.�Sird,w iatcast due;fourth,w principa]due;and tasa,�.co at►�r late c�arges due tinder thc Note. "'�:;�.;<>>:
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<br /> ',s�. , ,�, assas� ,�arges fine.s and imposii�ons atvt'butable to tLe . :;.:,;.,,.�. �
<br /> ;�•,• , QSir�es;Lkro. Borrower sdall paY all taxes. .• +
<br /> .;`�r,�`'' . property Whi�.fi may attain priority over this Securiry InsOVment,and`L�:hold payments or gro�rerts,if aay.Borrower• . .;,.::�; .
<br /> �,:. .:- . : - sh�ll pay d�ese obligatlo�in the maaner provided in Qaragrapb 2.or�f aot paid in that manaer,Borcowet�all pay ttieta ; : ; :
<br /> :;.` , � , ' an time dinoctly to the petsoa owed paymerrt.Boaower sGall prompdy Pomish to Lender all notices of atnounts t,a be paid.� s ;� ';,; .
<br /> �� , mdef dua paragnph.If Bara�wer r n a l c e s t t�e s e payrnerus�a t r c t ly.B o r m 9 v e r s h a U p c�o r n p t i y f u r n i s 6 t o l�e n d e t t e e e i p�s e�o B . .
<br /> � ' , tbe pyar�cs. �
<br /> ;�� B e c r�er sdall pran p t i y dischaz g e�r►y liea which h�s priori�over this Sert�rity Iasuu�nent�mless Borrower: (s� : , . , _
<br /> ;� , ' age�ees'in.�.rqti�g to the payment of the o6ti�aaon sxured by tl�e liea in a mennar accept�ble to Lender,(b)carrteats in 8�" i .
<br /> '-. ��-- -� - f�itb the lien�sY,or dofends against ea�:ement of tbe lien in.tegal procadings whtch ia the Lender's opitrion operate w '�. •
<br /> r ubor- �:'��'��-
<br /> � �4 . :`i�,'�. :��veat the enforcement af�ue t[en;,�r(c)secures from tl�e holder of the lieo an nt satisfact to Lende s � ,�.
<br /> c . . �� mY , s.,,�.;.,.
<br /> . . : � ,�inatiag t�e T,sen w this 5na•rr'tf Eastk�-�tent.If Lender detennines that wy part oY�a Propa:ty is subjxt to a lirn whicb`. '.� �:;E�;;;'..
<br /> . .�,�: .,,�;' , . �y�a gr..,�rity over this Securi�'t��ment, Lender may give 8omnwu a naia identifyi�g fhe lien.Barower sh�lt .
<br /> •��;ti'�:� , � s�dsfy�re�or tatce one or morc c�r+.t�•acuons sa forth abava w�l�n•10 days of tbe giving a��oHce.
<br /> �,.,: ac ,
<br /> 3�;,��` -.. -� -. S: H�wrd or A'opei'ty Imar�tsca Borrower shaU keep t�e�mprovements naw ex�dng'or 1�eraftet es�ected oe . .
<br /> . �w .
<br /> . . :.,.:. _ .. . - .tbe property inaured ag�inst lou by fine.l�uds included within the term"exunded coverage•'and any odrtr�,
<br /> .. . . � includina floods or flooding,for which Lender requires insnrance.This insnnece sh�ll be m�inqined in tha am�aants aad ' .
<br /> � Y�li�.�' � .
<br /> ;:e�.. : � fa the periods that Lender requires.'!be Znsuruice carrier pr�ovidiag the insurance shall be chosen by Borrower subjoct w
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<br /> Lender•s approval which alull not be unn��.sti:iably withheld.If Borrovvu fails to maintai�covengq descn'bed above,l�ender � .
<br /> ,:.�;;?�:' .•`�.t< �- , � - msy.at Lender's option,obqin coverage ma�rotoct l.eader's rights in the PropertY in acco�nct with p�ragraph 9.
<br /> �:- `• . _;�,;ii;�%,�: . All instuance policks and rene�w�ts shail bt aoxpsablo to Lender and shail include a standard mo�tgage clause.Lender .
<br /> ' ' °��"•��,� eh�ll have the rig6t w hold tho policies and renewals.F�Lender requires.Bonower st�all promp�lY give to Lender all receipts �', '�
<br /> t�: � -,•;,;. . .. ;..•
<br /> �i,�,°•. . of paid premium+ind renewal aotices.In the er•ent of tc�ss.Borrower shall give prompt�notice to tAe auut�nce c�rrier and
<br /> .� � . . ; Leoder.I.ender may malce proof of toss if aot made promptiy by Borrower. " � 1������
<br /> -,.�::��� . . . �.
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<br /> �,i;�<;?' �.� � �. Untess Leader aad Borrower ot�ciwfse agra in writing,in.wrar�ce proceeds st�all be appli�+d W�+estoruion or repair��. .. t :
<br /> ,�,.�;�:. r�.`.°' ,-:� of the PropertY d�mabed,if tho restora6o�e ur repair is economicafly'feasibb aad Lender'a aecurr�r'is�na teE�ened.If tt�••� . . t . _�
<br /> �� '�1'j'.•�::.:�: e�es�ontioe�vr ripi�is mt ecommically feuyrole or Lenclet's savriry woWd be ksse�d,t!w itis+trinaa pr.aceed�'stwi�+b!,,� ' t i,����
<br /> ..-.:r' •� i0i1�.��.Y' ,. . . .
<br /> zi , �I O d tO Q 1 E SUm��O N t E d b y►t�8$O C tl I 1 t y�I 1 m l�W�1 C f O!Q O t t�d U 0{W i t h Y�J R C 1 W l 3 S Q�I d t 0�b1YaYYC!'-�'�OMLOhlCI' � ,,
<br /> ' ��brada�s t�e Property,oc daes not answer wlthin 30 days a notlae ftbm Lendet d�qt•@�d�ie�vnexx caaier E�s offtt'ad to�� ..
<br /> ��� �eak a ctai�.then Lender may rnllea�he insar�noe pracad+.Lcndch may use tbo proctedv ta�ir oR astore the prapercy�;,: .
<br /> `�� ar tap�g�securod bY this Savr►tY tnstrument�wl�ether or not thet�due.71x 30�diy periad r�ilU I�yut�Nrhea the aotice •. • .
<br /> . . . � _'. _
<br /> i��ivea. � .
<br /> ; Uekss Leeder aed Botcower abervrise agra in writioa,aaY�PP��f P��b�'�sh�ll aot extead
<br /> ��z �� -�, a pa�one the due dtte of tho montWY PaYments refemed w in Wr�BnPhs 1 and 2 or ct�aage tbe artwnnt of the payments. ' '
<br /> _ If t■dri p�r�aph 21 the P�npetty u acquiced by laroder.Botrowet's riglit w any inwrao¢e poticies�ad pmcad�multia�
<br /> trom d�e eo�e At�opetry prior w tbe acqnisition al�ll pas to 1Reder w tbe exteat ot tbe aums secumd by t6is Securiry ' ` ,
<br /> �roe�ina�edi�kiY�to t�e acq�• ;
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