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<br /> • ' � . 'CHaS S]ENRiTY I�5'fRU�1El�i'P com�iaes uidform�oveuaaU for natIouat use and non�miform ooveflants mith.ltm�tad —
<br /> •F� • � � . variatfoas by jurls�sdion ta eor�sHtute a uaiform secudty instraffieat oovcsing real PmPe�ty►• .
<br /> �• ���. � . . iJMF0131i+f COVENAi�iTS. Barroaver and Le�der coveaant aad�gee,as fol3oors: --_-
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<br /> ,�� ` � � ,. . � • o j.�Y,�e�,p�� j�riadyal ac�Lrt�Freg.►3�a�t stnd Iate C6arges. Barrocrer sha1U psomptIY gay svhm due etis �_._
<br /> � -.��.�__ .. Prm��4f�'rid inrarezt on t3te debt eyideaced by the Noie aad anp psepaymeat eud tate charge�due utl�the Nate. _
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<br /> , • ' " 2.Ftmds[4�T�ces aa�I�nOe.SubJed w appl��tb2e taar or.to a wriueu waiver by Leader.Sm�otvtr sBa1i pay w
<br /> � . ,' l.aa,der on the day monthty payments are due uudes t1te.NotE.unu'1 the Note is piid ia 1hII.a sam(�Fuads7 for.(aj yr:srly �
<br /> • ' - �• ta�tes sud asse�sme�s which may attaia pr�ority over this Security Ias�t as a&ea on the Fttsperty:N)Y�Y ieasettaid —
<br /> ` � `,�� ` : " Papments ar grauad rents on.the Progeety. if anY: (�� Y�Y ti�d or pzoperiy insusaace �re�nntms: (d?Y�Y Q� ..
<br /> . . . iaturaace piemiums. if aaSi; (e)Ye�19 ��Se iasaraase pre�+��Y+ and (�Any �s PaYa6te by Bomower W
<br /> " ' . Lenda.in accordaace whh the grovisioms of paragraph S.ia lieu of tbs paymeat of mortgage iassa�aaa pra�ms."[x.t�e
<br /> .�5�,� � • - . items are calIed'Escrow[tems.'Leuder maq,at�a9 t�coHect and hold Fwids in an araovat aot to eacud the mazlmum
<br /> " y amount a Ieader for a federally�elated mortgage loaa may requisz for Borrawds esaow aceount unda the f�dtral Titeat ,
<br /> `. � Estata Seniemeat Praee6t�es Act of 1974 ss ameaded Brom tima w time.1213.S.C.Se�iaa 2601 et ssq.C'RESPA7.uaus� •
<br />: . � . � aaother law tHat appii�to the Funds sets a tesser atao�mt If so. Lender.maY+at aay timr,coAect and ho20 Fpads ia aa .
<br /> , ..r , amouat not w eaceed t�e lesser amouus Leindec maq�wtimate sh�amavas of•F�ds das on t�ie basis of can+eat data aam
<br /> _ ' , rea�ona(�le estimates of expenditure�of tiatu;e Fscrow Items or othaess�e in accordaa�x ivith applieah:e taw
<br /> - � � 'ihe Fuads shall be tuld ia an iastitutioa altose deposits are ias�u¢�l.by a federal ageazq.inst�u��litY.or atrit�►Cm��', .
<br /> - , . . Leada.if l.euder is s�+eh aa institu�on)or�a any Fedetal Hame Laaa Sanlc.Lenda s�a11 aPPl�►�z Fth�e escrow eccau�� : —
<br /> , . . , . ltems.i.ender may not charge Boaov�er for holding and applyiag the Fuads.amu�a$Y anatY�B
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<br /> -_ .., .._..`-.,.. •.-. , v�y��.Fs�row Items,imIess Leader a $onowss intst�st en the Fun�s aad appTicable lavr i,.eada w ms5tc ,
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<br />-=:�-.--,_..._.___._ :.0 • �a�hzrga Fiocvever.Leadei m�g c�e Borrowcr�b pay a oineaimt chasge for an iadepeudrnt r�ai estats taa segor�g
<br />° � -.,�" service a:sedbp Leades ia conneclion Rit1�this loan.unless applicabls law provldes othe�+ris�B;�aa aSzemeat is made t+i • —
<br /> � . ' ' apPlicable law sequires interest w be paid Lendes shall aot be r e q u i r e d to gay Bormaaer aay insrrest ar eamings oa tiie Fumdx
<br /> ' Boaawer aad Leader may agree ia wdting.i�owever.that iAterest sBaU be pai�an the Fuuds.Leader slial�ve w Borrow�r..
<br /> . ' . ' withoui charge.aa_au�aal acaountia8 oF the Fands.showing crediis aad debits so the Funds aud the pwp�^�for wt�ich each
<br /> . � • debit to the Fuuds was made.'fhe Fwtds ere pledged as ad¢iHonal seauity for sII suu�as s�ured by�s SecarilylrtstrmnmL
<br /> . . � � ; ; ;. if the�uads held by Leuder eareed the amo�mts permiued W be he2d by spplirable taw,I.euder shall a,ccount W HorroWer far
<br /> . . the excess Funds m�scordaace c�th the requiremeats of appficable law..tf tti�amount of Wa Fuads held by Lender at asq
<br /> ...._ � , ' wae is not sufRcient tmtiiay the Es�ow It�ems whea due.I.eader maq so notify�iower in wsitb�g.aud.Ia s¢cb case Bortoaer
<br />. � , . . . shall pay to l.en�der�ainount aecessasy to malre up the deftdenry.Borro�;s�iall make up the deSsienry ia no more thaa
<br /> � • . � tweive moathly payr�tents.at Lender's sole discretton. ��' •
<br />- � . .. Upoa pa�tent in full of atl sums ses+...�-�ed by Wis Sec�Ity Iastru�.�s.Lea�er shall promptt�c�efuad w Borrowce aap Funds ' �'!'.
<br /> � � • ' . hetd hy l.euder.if.under paragrap2i 2I.Lecides sha11 acquire or;.�'1 rh�•tproperi7l.Lender.i�tTa=to the acquisitl4a or sa!�c�
<br /> . _..._ the Propert9•$�8PNY�Y Eunds held by I.eader at the th�of acr,,:�se�es ea2e as a cr�ic agains}the sums secured 6y .
<br /> .. , this Sec�uiry Instrument
<br /> • 3.Application of Payments.Unless appl3cabte law provides otherwise.all paptaeats reoeived by Lender uadet paragraphs 1 �`�--
<br /> � : • and 2 s�all be applicd:Rrst,co aay psepa}rtaent charges due under tne Not�second,w amounts payabLa uader para$�aph 2:
<br /> . � third,t.r i�rest du�fourt6.w pslncipat du�aad lasb w anp Iau charges due under tha Note.
<br /> , �� • 4. C6arges Ileas. Borrower shaU pay all taaes.assessments�char8es.fiaes and itupositIons at�ibutable co We Propatq _
<br /> . . " � wt�icb maq atta�n pric�sy over t2iis Securiry lasuumeat.aad leasehold paym�ts or�ouad rmts.if aay.Boaower ah,aII Pacy ---_
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<br /> . • • ' these obUgat�ons ia the ma�er provided in paragraph t,or it aot paid in that manner. Borrower sBaU pay thaa on tisne __
<br /> � . dtrectly to the peeson owcd payme�Borrower sha11 promptly furnlsb to Lender a11 noHces of amounta w 6e paid under tbis _
<br /> �. ; ..' . .-r.�':.: paragiraph. If Borrower makes r7��e paymeats directty, Qorrowes shall promptly fitrnish to Lender rea3pv evtdendag[he �--
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<br /> � � Bonower shall prompity discharge az►y lien which has prtortty over Uils Secutity Inswment unless Botrower:(a) age+ees iJ► ,�
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<br /> � �. wridng to the paymer�cf the obligation secured by tha Hen in a manner accePtable to Lendes;(b)coatesis ia gaod faith the l�ea :.::.:..,
<br /> .>. .
<br /> ?,� � . by.or ddenEs agaIust enforcement of the lien in,legal proccedings vrhlch In the Leuder's opinian operate to prevR►t tlie '�;��;:y
<br /> -= � enf'orce�ent of the tien:or(c)sea�re9 from the holder of the llen aa ag�eement sadsfactory to I.ender stabordinadng We lim ta �•,..;_
<br /> '. •r � th4s Secu�ty Insmmtent IP Lender detetmines that any part of the P�roperty is subject w a lien wtitch may attaiu priorIry oves '�
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<br /> this Secwiry Instrument�Lender may give Borrower a notIce tden�ring the Gen:Boaower shaU satlsljr the lten or take oae cs ��' '
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<br /> more ollbe actions set forth above within 10 daya oYthe giving olnodce. � ;y��? `
<br /> ' ' .�'�'f`j�' . ' S.H�TZrd or P�o�ty insuranoe.Boiroaret shall keep the Imp:ovemeats now esistiag or hereafter.erecced on�he Properry �`w{'
<br /> . . .:;:, insured agaiast loss by fue.hazards iacInded aithin the term'exteaded coverage'and any other hazatds.insiuding Qoods or .
<br /> . • •��r�� Qoodiug.for which l.ender requires insurauce.Thls insurance shall be maintained ia the amounts aad for the periods Qiat
<br /> . �, i' ,•. � , Lenler tequires.The inswance carrler providiag the insuraaoe shaU be chosen by Borro�rr subject to Lender's approval .
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<br /> � . - . • • SIr��Funt1Y FftYAlFHWC UNiiOA11 Itii�TRUYfHT F&AM 302� OBf80(�ag��of6 G� .
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