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<br /> ,:°. z,. .. .� <� , T�OGE�R W1TH all tbs�ovea�aRS naw or 6�erecred un the gmpeity.aad aII�mts,appu�n�,�d <' } . �-
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<br /> : _ .. �uu�.v aaw or hrseaf�rz a p�t of the psnp�rty.All c�plaoema�aud addii�ns shaD�1so be ooveamd by tfis Secueity Ti�*++++�� � < , . . • Y. `._
<br /> .. All of tha for�going i�refear�d to in t6ts S�miiy 1ns��m�t as Ehs`Propea4y." ' - "�
<br /> � = �HDAEdO�fIII�COVENANTS t�t Bmmwet is laR+faI[y�ei�o�the�siate heaeby conveyed aad has th�right tu�t and , � T � :^�
<br /> ``�'� 4 � �, c�nv e y the P t a p e t t y and d�ai�e Pmpcsty is ua�ed.exoept far�nc.awIuaaces of reoord.Bmmwer w�nts�d w�l �,-
<br /> � � _ < � defe�+d ge�eraUy the title tm the Pcap�ty agai�caD cF�ms aad de�ands.sab.�ect tn aay mcamb�►oes of r�oazd. . �. . �-
<br /> - . . , THIS SE�tJRTd'Y INSTRUN�NPS comb�:es anafa�cove�ant3 for uatianal ose aad aon-imifoim cavenants wiTL Wuited ; ..,�.� . _�
<br /> �: 1 . � V2�p�8�131�SQICLIDD fa CODSt1II1i88,iD1if0lID S�y�CAL60Y�1II8�P�P�Y• � . . �
<br /> , , jJ�d��VF.�l�1�T5'.$OIIOWCr dIId�Q�COY�1L�8$lEC a4 fdIIOWS • •
<br />.� . L Fnym�t af PlrFae�►1 and Int�t;�p�Y�ent and Late Cl�arge9. Homaw� shall P��Ptiy Pai► when dae tt�e . . .. : . .
<br /> � : . p�lo#�diatacstantRede6tevi�eucedbydiePloteaad�yprepayme�atar�ilatec6arges,dnenadertheNata. • • .. . .,°��.
<br /> � ' Z.P�md��OT T�zee�TeQt�� Snbject io spp2icabTe la�e.or to a writtea waivea by Le�dc�BocrowPS s�aII gay tn � .�
<br /> . paid f°��"� ()Y�F +..
<br /> . . . , .._ ; _ I.ender on the day monihly payme�ts�e dne vnder the Not�amu'!the Note is in fiil1.a sum far. a Eaa�s . �
<br /> , . aad a�ents whicd may att�priariiy over this Sec�itg Iastmme,nt as a liau oa the Pm�ty;(�)Y�Y���Y�� _ - - _
<br /> •1 � ar gromsd re�ts on the Ptoperty.if anY:(�)Y�Y ba�rd or ptopeny ir�ce p�a�(�Yea�Y���F��•� , . ' ....j �
<br /> . ,_:=
<br /> .•�.:��-°� -
<br /> � � �Y:(e)Y�Y�e��+if�y;and(�anY sums Payable�y Boaower W Leades,in aecu:dance wi�h the . . � �;:r.�-.- 'i
<br /> , �• � �sovisions of pareg�aph 8.in lieo of the pay�eant of mastgage insu�ance pm�anns..Tl�se ire�ns are called"Es��s►Itee�€° � a�-...,.-�-
<br /> �, • ` . .` � T�may.at any tune.ooIlect�d hold Funds in an amaaat uot co c�d die maximum amaant a lender for a fedezalty rr3�e� � . _--
<br /> . ,. .. ,:. - - --
<br /> <_:. . ,. . • _.
<br /> . . � -for-BaarowPZ's-�w aceommi andra�a�e�fedeaal Real Est�.Seuleme.nt.Pcoc�.daies.A�t o.f_.12.74 as..-- .- .---,-. ;.::__"�--T-.:�_�,----
<br /> .. T----- —:- -�--�- -;martg�e Iosa may�1eq�� ; .. °--
<br /> • . � amended from time Do Eun�,12 US.G Searan 2b01 et seq. ("RFSL�i�`�.anlass�othea 1aw t6aL applies�the F�mds seLS a I.�ssea .. :.. ..,_,r�--
<br /> ' . ,;, 1. . ' amOtuit If so.I�d�may.ai emy mae.collect�d h03d Fands in an amo�L IIa2 ro exCeed the les.sra ffinomit Le�d�r s�3y �-'"�`::�"-.-�:—
<br /> � ��-------
<br /> • f , . �imate the�maant af Funds due on the E�asis of c�at data and reamnab2e estimates of eacpea�dits�es of f�ae Es�araw It�aos o: _ . � �,�- "=—
<br />_ , , . othawisa ia�a witb applisab�taw. . �
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<br /> _ _ - - - - " = - -
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<br /> .. . • . The Funds sball be heW in�instimution wbuse d�osits are ms�ed by a fedaal ag�cy,inst�Pnt�tY.ar entiry fmcladmg _ � '`�_ ..
<br /> . . .. a.eader,if Leader is sacl►an instimtian)ai In auy Fedeaal Hame Loan Bank.I�der sha��gpig dte Fanda to pay the Fsaow >��"'�
<br /> , ,;,
<br /> '; �, : . � �. � It�ms.I�dea may not charge Bm=ower fos haldmg aad agplYmB the Faads,aimuaIIy analyziag the esaraw ecr�ont.as vraifying `
<br /> . � d�e Fsaow Items.milesq Leader pays B�uw��7 on the Fvad4 and applicable!aw p�rmits Le,nder Ilm m�lce sach a citarg�. ;,:
<br /> - ---,- -_ . However,I.c�der may recluse Bomower to pay a c�time charge far an inde�dent sp�l estaie tax r�g ser�+Ice�sed by � c: - ,
<br /> . . I.CAQPd m CODIICCfidD Wll�l fb13 I03II.�11�33 8�11C�1ITLr 13W pfOYIQE.9 O1hQWISC.g.r�ICS3 8II a$[PEIDPffi IS IDBdC Of�}iCdv��3W :: .,�tY' �
<br /> � � . ,' � t�inie.cest ro 6e paid,Leudei shalt noi be�to p�p Feamw�any inteaest or eamings oa the Fands.Borca�sud
<br />. � � , Leadea may a�ee in wrii�ng,howevet.that inteaest si�aI!be�a3�te Fuads.L�dea shaII g'rve to Bomnwer.witho�c6�ge,aa , •;; �
<br />. ,- . �. - . .. aaanal se�g of the Faad�.showing c�edii�an�deb�s w t�Ftmds and the yt�pase for which each detrii to the Fands aras � s. . : _-__'
<br /> wade.'Ihe Fimds�e ptedged as adGidonal se�it3►fcs aII su¢ns se�ued by t6is Secmity lnstrument • c: , :
<br /> .. . � .. if tbe Fimds he2d by Lender exceed the amarmts gaamimed to be held by applicable law,I.ender shall accaant w Bosrower far ` ,•;'�
<br /> .,4:.�
<br /> � � .. 8io excr�Funds ia acco�dance with 't,4a�ements of appli�fi�e laar.If the affiount of the Fands held by Lender at�y time is . .�n .
<br /> '. . .. .. not s�Scicat to pay the Fsaaw Items cvhea due.Leaadea may sn Q�ti�fy Boimwed in writing,aAd,u�suc6 c�sg Bamnwea sball pay -:�'
<br /> ic `:
<br />- ta Le�der the amovnt nece.csac9 tn maYe up the�wcieaicY. Berm�w�shall�aske up the deficieacy in no more than tweive � `. '�: ':��+,.
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<br /> ;":�,, .. � . . mant�ilY DaYments.ai Leatdds so2e discrerion. • . � -. '��
<br /> . . . � UDon FaYment�fall of aU smns se�ed by this Se�ity Iast�a�ueat,Leader s�Lall promptty refimd to Ba�wea aay Fands ' �����,
<br />- � hedd by Imder.If,ander pata�raph 21,Lcndea sl�all acquire or sell the Prapaty,Lend�,Prior to the acqnisition or sale nf the . �
<br /> � � � � P�apeaY.sLall apply any Fands held by Leaadea at the time of��Stion ar sale as a c�d:i against the sums saured T�this -� . '� ���
<br /> . . . � Sec�ity InsVmnent . . � . . ., �
<br /> 3.ADD�atian of Pr+ym�ta UNess applicable taw pmvides oth�wise,aSI payments received by Lc�d�undea para�aphs .. ... . .
<br /> y'��: � , ., 1 and Z shaU be applled:fast.tn anY Prepaym�d3ar�es dae�mdea the Note:se�ond�to amounts payable imder paragcaph Z; ' •�:.�:
<br /> ' .:`..�t�`
<br /> ..: _ .. t1uN,w i�terest du�foiuth.w Princigal dn�and 1ast,w any late charges due�mded the Not� . ... .c.. . �.',:'
<br />..__� . , 4.C6argrs;ldee�s. Barrowea sLal!pay an taxes�asse�ne�is.chaBes.fines and�iia�a^�nons at�bvtabie w the Pmpeaty .. . . ;
<br /> , ' :.. �,}��y�p��yr ovea tbis S�nrlty Ins�amenL and leaseho2d payatents at gotmd retts.if any.Hoimwea shari pay�ese . � ' . ,
<br /> � '� � � . . obLigations in the m�ner pmvide�in puagrap�2.�if noi paid in that mann�,Borrower shall pay them��time d'ae�tIy to the �
<br /> j ` � pason owe.d paymea�t Bmrower shall pmmptty fivaish w I.eaid�a atl notices csf amoanta to ba patd undet this paia�2pI�. If �. . .
<br /> � ! . . Bomawer makes these payments dirertty,Bmmwer shaU prompfly fiunish oo Le�d�receipts evidendng the payraenta. �
<br /> �.. Sntmwtr shall pmmptty discharge any lien which has priority oves this Secvrity Inst�nent anless Boanwea:(a)zg�s in � � . ,
<br /> �. . writiag oo the paymeni of the obligauon secured by the tien m a manner acceptahte tn Lead�a;(b)contests in goaA fait6�lien . ..
<br /> '� � � . � by. or defeads against e�forceanent of tbe lic,o in, legal Dioceedm8a w4�ich i.w the i.endea's op3aian operat� w psevent the
<br /> ; , eufamamant of the 1ie�:ar(c)sec�fram the ho2ded of tLe liea an agr�ement satis�tn I.endea sabn�dinating the lien to
<br /> - , �� this Sec�ity Insnumtat 1f Leadca der8mincs tLat ang.part of the Pmperiy is svb}ect to a L�ea at�ch may attain ptierinr over tLis i • .
<br /> w, � gec�iry�asunmeat,Lea�dea may give Horrowcl a norice ideatIfying the Hee�..B�rawea st�Il�the li�or talce one or more j
<br /> �•"r` � � . of the acaians set fortb above within 10 days of the giving of notice.
<br /> :� . � *��
<br /> ,� Form 8028 9f�0 t1
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