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<br /> �"��` ` ?OGEIq�EIt:NITH all tt�im,6rovet�t3s aow or hereaf�tr�siettc�ot�the pr�yesty.�d�1I�se�eazs�e�� , , . .
<br /> > -��`� p P��Y• ����� additiaas s�T also.ba covacQ��r.tfi�Se�'sn�
<br /> --`�'i.>-....�,°,k- , an�1 Gx�res nnw ar d�r�tftar a ait af she �11 �. . . • . � .
<br /> ?-�_±-.�._'` IusG�nmant Ail af th�f6regair.�as rtfared ta In t�is Seeuri�ty lnsuumsnt rs��Pr�P�l'�° , .
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<br /> �—`�:��4-,� ��.;�'.: • BORROWFdi CQV�NAN'TS t6at Bamower is tavvfully seised o�t[ie eam:�t:en�y co�seyed aIId 5�s the xsgI��to gc�at
<br /> —;'�-��`�°-�- aad tancey the P9o�rty&ad that t�e Frqpertg • • . ,
<br />�, .::.-.._ e is unsl�timhemd.ta�copt fac�ca�b�aT tecartl.. B�cow�zs wa�'�nts
<br /> � �_ �.:', : � � wili defen8 ge�erai{y ths titia to the�g�sty�ga�ast�It clmms aad dsmands.subjett w any encusabi�csa oY�ar�.,
<br /> � ` � �FIIS SECtiRT3'Y iNS�ItUMEN'Y'eambines unifesm covenants far nasioaal ns�snd non-ani.f�lam caveusats with
<br /> ,-' `-� . .
<br />'.:;.�._`. ,��` limit�v�atiaas by jutis�c�on to eaustiuue a,uaifoma�ty insuummt cave�ittg real pro�ertY• .
<br /> � �`t �: � UNIFORM fAVENAt3TS. Hotrower�ud L�ad�covenant aad a�e�fce3taa�s: = . � �hea d�e t�t.. - __ �
<br /> �* L Pay�nt o4PrInsdg�!an��►���end L�e Chs�ges. Boas�wtr shaII ptomp Y P�Y , .
<br />.-.2�,'.:� .,, ..,` �, � p�al of aad iarerestaathedebtevidr�cedby theDio��ad'any ptepaymeat a�late�g�,s�dat undqth'c Y+1�ie.
<br />�:����, �.";.�`. . :� Z Farjds for 7hxes aad Insa� Sobject m applirah�e law as to a vaitoea waiver by�.ender,Boaawes sI�all�pay to '
<br /> _ �} ` � . are dae�mdes the I�Fute.umu'1 the N�ste is'paid ia fW1,a ann("Ftmds°�icrc:(a)Ye�tY
<br /> I en�Ies oa the day mnnthlY P3Y�, (b)Y�Y��old
<br /> ��4. . ` taaes and asspcc,f,encc wfich maY at�n PnoritY over this See���Iusuu�..�nt as a lien on the Brope�ty.
<br /> :.--'�_, -. . ` a r g r o u a d.rents an i�e Y m P e t ry• if any:ic�Ye�Ev'�or ptoperty ansuraBCt Psx�itims;{d)Y�Y�#�s r�t o
<br />.:-.����,�.: -.�-�;:_.. . ��miwms.if any:(ea Y�Y��&e��.if a�t;�d(��Y�P��:bY'Batro
<br /> �,�"�:~:'`..:;4: . I.euder,ia`accardaaFe with�pmvisians of garagraph 8.in T*_e a a f t fl e pay�n t o f m u rt g a g e i n s�n o e�m�s. T��, . .
<br /> --�`�°,�;,.� it�ms a�e called"Fscrow Items.° Le�nder may.az any tims.coIIect�d hotd Fimds�an a�o�mt not w excted the maxi� _
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<br /> , � � �" amouat a lendex foz a federa]ly related martga8�loan may m�f o r B o r r a w e�s e s e r+u w a c c a a a t�a d e r t L e fedetat�tea1
<br /> � < - `' � � .. `�.` Estate Settlement Ymceduie.s Act of 1974 as ameuded fram time m ume,12 U.S.C.�2601 a seq.("RESP�.°).anlsss anisther .
<br /> t
<br /> . . taw that a�plies to the�mds sets a lesser amauat If so:Len�er may.at any rim�coIlect and hoid Fimds in�auEOUnt not ta . � _
<br /> � ;' • ` eaoeed the lesser ammuut Leader may estimate the ammunt of Funds dne on.�6asis of camnt data�an8 nasonable
<br />„���',.' � ' � e�af expendigues of fuhue Fscx+aw Items or ot&ecarise in axordanc�witti applica6Ie law. .
<br />-�" _ ..L_�_�,_.4�...,, 'hTie Fvnds stiaall 6e 6eld in aa instimtion whose depasits a:e insuced by a fe�e�al agency.�ias�talitY,or w�tY . . '
<br /> `,'.:�-.� � (i��iu�g Le�da,if Lender is such�institution}or in siry F�al tlame La�$anY. I.e�cr shall aPP1Y�F�ds to pay
<br /> � . tt�]E�crow I�ms. Leader may not char8e Borrower foi hold'mg and a�plying the Fands;annnally anaIy�ng the escrow • •
<br /> , � s Boirow�zr untecest oa the Fnnds aa8 aPPl�cable law permits
<br />`�'�;:::.� �. . , a�,or ve�rif�ring t�e Escrow Items.untess Lxader pay tece ---
<br /> � �.. I.�to make such a chaage. Howeva L.ander may c�e9uue Bonower to pay a ane�rime c8aige far an independent tral
<br /> '.,.. . ' : � es�ir ca�c repomng service used by l.ender in coanection with this loar�,unless appl�cable laa��ovides athe►v�+ise. Un2ess�n �
<br />•_�,.:.:f.�.. ,:.._�. . � Horroweranyintere�tor �
<br /> agreement is made or agpHcable laa raquaes intetest t�be paid.L�ender staall not be rzquaed to PaY
<br /> � . ` earnings on the F�iads. Bormwer aad Le�er unay agree in writiag,however.that mte�st shall be paid on the l�nds. I.ender �__
<br /> . • . . s1iaU give to Borrower,without chasge,aa annnal accounnag of the�nds.showing credits and defits W tbe Funds and the �
<br /> •• . . P�Pose forw[uch each debit to the Funds was made. The Funds�fieB�€�as addifion�l sec�ity for all svms secw�ed bY
<br /> • ;,;.� .. this�m�iry InsuumenL = ,_
<br /> • " �" i�'°' .•;:I�the Funds held by Lender exoeed We amo�mts pemiaed to be held by applicable law. Lender shtili account w �=_:_
<br /> ��"`'i� Hc�e:rer for the excess Foads ia accoYdance with the reqmYements of applicable law. If the amaunt o�the Fvads h.eld 1sy
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<br /> Len�rr at any time is not suf5cient to p3y die Escrow Items when due.Y.ender may so noafy Borrower in wdtin�,�? m ' _
<br /> .•/. :�� ' , . � sash case Bomm��s shall pay to Lender the amo�mt necessarY to make c�the deSciency. BoaoR�zr shaU ma.ke�p the
<br /> ,t � ' ,. � de�Ciency in uo�re thaatwelve monthly Paymenu,at Leader's sole discs�an. ���
<br /> ,,,�;',,� .. ..;;:.r.;•. • � ' Ugon paymedt in fuU of all sums s�aed by this Secnrity Inswment,Leader sLall pramptly c�nd to Baaower any
<br /> �"�,, � ,�"""..•. � ��. y P�gnP or sell the Property.Lender.Pnor w the acq�sitian or � ��-:
<br /> _ :.;. `;''r:}�ti.�.. F u n d s h e l d b L e n d e r. ��m d e r h 2 1.L e n d e r s h a ll a c g u i�. •
<br /> � •�� sate of the ProDecty.shall apply any Fvnds held by l.ender at the ume of acquisition or saIe as a credit against t he su�ms ,,5 !.,_
<br /> secured by this Securiry Instrament enis teceived b Lender under
<br />- ' .. . 3. App]i�in ai Paymenta Unless applica62e law pmvides o�awise.aU Paym Y . ',�.
<br /> , , �. . :. paragrapbs 1 and P shall be applied:firs�to aay pmpayment charges due vader the Nate:second w amonnts payabte uader �
<br /> patagraph 2;third„to interest due:fomth,co principal due:and last,to any late charges due uader the Note. r-
<br /> . . . 4. Chatiges;Liens. B�cmwer shal} pay all taxes.assessments, charges.fines and lmpositions aun'butable to the � �Y�,�"��_
<br /> . • ,. 5�� � ' I en�and lease6old aycaeas or gconnd rents.if any. Haimwer .�Y .,_
<br /> :_ p���rty whicb�ay attain puoriry over th�s Sec�mty ns� P _
<br /> '" .: sh�:%�Y�►�e��8�ons in the manner provided in paragaDb 2.or if not paid in that cttanner.Botmwer shaU pay them c� �.
<br /> . ' ti�G.^�t1y.ttr ti�person owed paymenG Boaower shaU prompdy fumish to Lender a��orices of amounrs to be pz6d under ���,�
<br />_ ��' ,....Y;,,;� � ��-,;r�',;,r�raP� It Borrower makes th2se paymenu directly.Bosrower�promp:�.�c.�y to Lern�s receipts evidearing �� _
<br /> � � ,��`. t��iz:�ents. L. � '`��
<br /> b- .Borebw CJ�y��' y�?:�:3�arge any lien wluch has�zority over tltis Secuiity I.�.^�timent unIess Bbrte.�t3;agzees � ,„� .:
<br /> _'T!J�+ �
<br /> !'. ,. � • in�vriting to�e payment of the cbligaaoa secured by the lien in a manner acceptable to LCnder:�)contests in g-aad'faith the • ,�;;; __;:
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<br /> �� : ' ' � ¢ Gen hy.or dsfends against enforcement of the lien in.leg a t p r o c e e d i ngs w t dc b i n t h e L e n d e r's o pinion o p e r ate ta g c�ent the , ri�,. � �,°
<br /> � enforcement of the lien:os tc)secures from tlie holder of the lien an agreement satisfacxory to l.ender subordmati-��the lien �!'
<br />_ �� - to t'�zs Security Insmunent lf Lender detemiines that any part of the Yroperty is subject to a lien vr�ch�ay au��priosity , ' . .�.�:
<br /> � ve Borrower a�otice idendfying the lien. Hatrower s3�IE�atisfy the ii�or t�ke ,:��:,. :"
<br /> . :c;;;, a.:r�C3is Security Instivmeat,Tt�eader may$i . �� � ' '�'i.,', ' �:,;.„�.
<br />_ � ,::,�:'`�� " ex�a�morg of the acaons stt:fc�J�above wit}ua l0 days�,L.e givin�of natice. f >�:;�,., . . . _
<br /> =. ; . �. 5. Hazard o�Prope�Lamrano� Bosrower s�keep t h e�m p r o v e m e n t s n o w e x i s t i n g o r h e r e a f t e r e�x d on the _
<br /> , � .� . � � ptopeny ins u r e d 2„ainst loss i s y fi r e,h a z a t d s iacluded within tIle tetm"extended coverage"and any other hazatds.including , � . . _
<br />�'�'�� , flaods or flood:::g.for which Lender reguires i�s�uance. 7�1s ins�srx shall be maintained in the amounts aad for the
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<br /> �'i Form 301.8 9N0 (page 2 oJ6 pages) .
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