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<br /> �ORROW�R COVENAI�fS that Barrowea�s Iawfully se�d of the estu`*�e herebY conveyed�d the ng eo 8�t
<br /> aud oonvey tfieprop�rty and that tr.e Yrsperty is anencumbe�ed.ac�ePt for encumbrances of c�card:B��mwer wa�ts und --
<br /> � will defead gentralfy the at2�tn die Pmpetty a�s��1��and demands,subjec�w any eacumbraaces of r�ord.
<br /> t T�SM COYEi�1�3'I'S• ._ ..._�__ n__.....�o nav a,_k�s �ie th�OIiIIS3na14f,tiud`iI1(ei+eSt Wt,. _ _ __-
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<br /> th,e de8t evtdenoed t+Y the rtote aad iate c arges due�O�C� Barrower shall:a�Iude ia.eacft mamtUIy Ym�nL =_
<br /> 2. M-s-��►Ycnent af Taaes, ��es.e�m fur(a?��sAecial . =--
<br /> togesher with tize priasipal and intea+esc as sex'foith in t�ve Riote aud�Y ar und t+e� on the PmpertY. � _-
<br /> nssessmEnts 2evied ar tn ba tevied agaiasc th��Y• (63 �� PeY� � a m���nee --
<br /> (c)P�'�for ins�ee re�l���a Fm�g�s 4. tn as►y Yea�r in wtud�tLe l.euder mnst pay
<br /> usp to the SacretaiY of Noasu►g as�ai Uiban Developmeet("SeRera.'�r"?•ar in any year in which sach premium would
<br /> ve bee�requuea af Isnder st�fldd the Ias�n�eacb montniy payment s�nll aLso undude euher(7 a sum far
<br /> � ths annual mo inauaa�premimn to be�pa�by Lmder to the SeaetuY,o�C�a mnathlY c�ar8e iastead o�a mot�aSe
<br /> ���f this Secaritlt�t is i��bY�e S�Y•�n a arasonaDle amonnt to 6e Qetscu�ined by t�
<br /> . �F��gt for che montNy e�atge bY d��'•t�ese items a�ealted"Fsaroar I(c�s and the sams pa:c1 w txader
<br /> ate ealled"F�rasw Funds.° amnunt aot to exooed thc maximnm
<br /> � � Lender maY.at any time,coIIe�i end hold amo�ts for Es�cow Items in an a1����i Plvoed�urs Act of 1974, 12 . _
<br /> amwunt tbat may be r�qaiaed for Bottowe�s.csccow aconffit ondea t�e Rsal Fstate � �ded fi�ti� to dme �
<br /> US.C.§ 2601 � aa4 imPlem��8 �� 24 CFR Yart 3500. as theY maY ts bef�re
<br /> (°ItESPA°}.except 4bat dne cnshion or�+e petm�cl b�}RESgA fa:unanticiPated�or distrmrsemen .
<br /> Ih$Bomowds p�t�are avm'labk ln the aceoimt may�ot be based an ame:mts due far the���F�� .
<br /> If th�ss�ouats hdd 6y L�nda'for Essmw It�s exceed dx amounts Pe�m��°b����3►RESPA.i.en�'st�aD deal. .
<br /> � avi�i�ee eacess feuds es�bY RFSQA If the amonnts of fimds I�eSd b�►Ixadec at�y time aie not s�t tn�y ihe :
<br /> EstauW Itemg whea dn�Landea may aoufy d�e Bonower and t+equue Batrowra�o malce t�the�nortaSe�r defic�ency as .
<br /> pecmiued by RESPA. � ed as additional serauitY fui all snms seQUed b3►d�s S�nt�!I��°L �f Bonowec
<br /> 'I�ie Fscmw Funds uce P�of ail suc�h sdims.Bmmw�s aoca�t shaD 6e c�ditsd with ahe balaaoe r±�inin�far all
<br /> • t�enders tp Isadea the fiill paymea �iastall��ent thai Leader has not beo�Ine abligated ta
<br /> � ic�a]tmmt itenos(a�.(b).end(c)and any�m�und any ex�ess faada to Boaowea. Immadiate3Y Fnas w a faneclasuie sate �
<br /> � paY tfl�e�r.and teader sh�l Pro�Y
<br /> of the Yrupeacy,or tts bY �• Baaowts's �cvuuns sha7t be�aedited with a�ry batanoe remaining far aD
<br /> installauats for�ums(a) ).�(�)• �,eam Qada ParagraDhs'�and 2$hau be aPPlied bY i.rader as foitows: . . .
<br /> . 3 APP�ation t� �'�p�• w b�g�aid by.Leader tn the S�ar ou tbe�Y�e bY .
<br /> , . . . Rg��to the mo�tSaSe iasaranve Prr��sn �
<br /> the Saxet�Y ins�a�af the monStiy�°age�g�' oI und raois,�an�f£�.�ftooA aml o8�er' .
<br /> -: ��w any taxes�si�aal�ts, P� $�O �:, . �
<br /> � `' :
<br />_ . .. �,t�D 1ritEtLSt�CAdet t�1C� ." r' '� ' �. �.
<br />- � �4Iffi.'�ro fln,�.,e��r�.n of the prin�� of the l�c�. ..,.: ' `�'�'� .
<br /> • . . FfEI'If.8a taze ct�argcs dne ttnda E3�e Note. ' ��, ..;;_.': �;
<br /> . �. Fi�s�ioo�l�an�t UtLer Bat�trd� $o4rawer shadl iasace a]��imp�itsvc�ts ot�thc�p�y.
<br /> �a�ainst anY h�acds.�sn�t�.ead oontmgeac��s,incladin$�,for wbi�b L�:,•:..:'; ,.'.;'
<br /> � m t�.�.•'����shaU be rnainntainsd in t6e amaunds a�pd far the periods tInt t��9� �os�owa<<.�;, �_ .
<br /> �ynaes i�uc.e�oe. T6is insnrance nai aiast loss by tYuods
<br /> �Il.aLco iaa�re all imvs�vem�nts on the Property.�whethet now in exiscenoe or sabseqnently erated,a8
<br /> co the eatenit reqnired 6y die Secaebt�►• A�t si,ati.`,e�r,¢d�'it�x�=�i-'g TTM�aved by I�r. TLe�,autaace
<br /> poiici�and a�ny renewals sbaU be heid by I.ender�s6ari incIude doss payable clauses in favor of.aad in a Sosm aooeptabia
<br /> tv,Lea�der:,, m�P�f of bsS if not n�ade , ,
<br /> tn ti� ��nt bf Ioss,Basrawer shall Psve I�eader imtaodiate notioe B]►cna�- Ire6der tn,aY t for socia bss ' �
<br /> , �Y A�'���rrower. F.ach insurance eonu�anY ooncemo�is heseby authariied and da�octed ca!,?rsr.]�e paYmea
<br /> Ati or eny part of the insatea��t.ncteds ma9 be appl�by :,.:' :
<br /> y�ao F,t,�lc�in3tad of to Boimwer aad ta I.eada joiutlY• Insuament,fiist W au
<br /> .�ption a�er(a)to+�e red�ction of tt�i�dcbtedness under the Note.and tms SecxuitY �► ' '
<br /> . ;.�;i,eader,a4'lm� , h�t�ad then m pre,paymenc at"�tacipat,or 4b)to t5e res�a�a of� .,
<br /> � � delinqueud�aPP���e ader in PataSrap • ��G�•i�ta►d a�'p�o�e tHe due d�te ..� .
<br /> . '� of t1�c Qu�t���P�Y• �Y�v��uf the pr000eBs w the ��. ,
<br /> �t ts. : exeess{as�oe:::.';�� ,
<br /> . t�w1�aro to in Pmragraph Z.or cha��aa4�►t fbf snch paYmen �Y
<br /> . � I�!('� . 'all oucstandmg indebtcdtiess'�tnder the Not�aud this.SocunaY Iastcument shaD be'.,::.
<br /> »�var ao az�onnt�to pay . .
<br /> . . �i�t..��ntylr�aalt�en ti�e0�. �at�r a�'er af tiile to�P:�ye..:f�ex�aa,e� i�.
<br /> to tAe cvent of t'oreclosuce of�is Securiry Ins�ent lictes;n forx shaU pacs to�e purchaser .
<br /> �qess,:ell righ�ti110�intee�t af Bari�wer in aad ta insurance pu�
<br /> � . .a .. 'r trlbwe•w .awl �EfxL� Ci tbE ��'s gCt�N'!T°s 1.owO A�'s.
<br />_= , �. ��s sacsc:—:�"as .. — 8SB0�(1pWf�S Q��1 t��67Jii�i�'�is��� -- �
<br /> �f�l!'�'$07COWE7 Sb3110�C71pj�+ ,�.`f��15b.0[ll�I1sC thC pi0�j►
<br /> -- . �, the�x�o�f this S�icY Insonu�K�and shall confinnt w oxu�y the P�Qerty as Bairow ���c�u�ndu�e��.
<br /> �(eASt�oaC year afoer 4he dye of acca�y.umitss the Secset�y� �"��!
<br /> � Ba�rawar,or ankss extcuuating circum:,t�noes exist ahicb are baYd�Borrowd s con�tra��y sh�1 C��.�
<br /> any extenuy�ting cin�nstances. Borrawu sbatl nat oommit waste or Qesuvg,d�E�. �. ��.�y � . ,
<br /> allow the R�nperty to det�srionu,cGawnab1e wear enA,tear exapoed. Le�Gsa1 msPxt ��� e s�h v�nt or .
<br /> vicaat a abaadaned or tLe loan Is in defauI� l.eader may take r.e�sonabk ac�aia to�cotoct atd PrG�e m�a1tY felse ., . .
<br /> abaadoaod ProPcctY. Eo�sower sHall also be in default if Sotrower.dnring Qie faan applx�tian prooass.8 ,
<br /> or inaocar�te iafotmerion or state�nents w Lender(or failod to provide I�ender�th any��mat g 1�W����y of the� �'
<br /> with t�e laaa tvid.°aoed Dy the Nou.ineludin�,but naR timiced m.n�nese�� � , .
<br /> = as a pli�cipal restdenoe. if[hLg Secu�rtY Insm�a�st Ls un a leasehold.Bormwe:st�aU eomplyunkss Le d�er a�to ' .
<br /> — �. If Borrower aoquires fee titte to the Yrop�aty.the 1�aseho2d sad�a�tle shaU aot be merged
<br /> = the mager in writing. ie t6e Pm�. Boaawu shall pay all8ovemme�►tal
<br /> _— � 6► �h�r�ev W Hon+oRU snd Fivtectton at Lender's�ts these obL ons on
<br /> -. or municipal ch�gges.fuus and impositians tDat aie aot iactuded in Paragraphutd adversely affc�t I�.�.nd�a's intae�st in t�e
<br /> ;v � mne dt�ectly to the entity which is owed the paymcn� If faitura ta VaY evidencing these payments.
<br /> .tipon I�endt�'s request Botrower shall prornptiY�umisb to I.eadrr rweipts
<br />=:� � �I .�atrower�Faits w make tt�se payments or the payme�.�td�rire�1 bY �aragraPb 2.or fa�s to perfotm eny a�
<br /> covemant�and Ag�ments conmlced in tWs Socurit�r tASnumen�or thace is a Ieg�l prooeedin8 thaz maY sigasf'ccantly aff�
<br />:.;� Lendet's rights is thc PropCctyr�tsucD as u proceec�°8 in 6anlwptcY.for candemna�on or to eafarce taws or reguLUi ).
<br /> then leader rnay do nud pay wh�tever es aectssaN t��'at�t�e vaiue of tho Property and Lendd s dg6ts tn the I'roperty.
<br /> _� incl�rding P�Ymsnt mf toxes.g�ard insutance and othcr items tp�+e.ntioa����tto��l debt of 8mmwc�aa�be secureQ by • .
<br /> t�ny au,wu�tis uis�ur'�eG by�;�s2..^r���s P�'��...�! .
<br />`;:� tIvs Secunty Iastrument 'R►ese amouats shall t�eur iaterest fmm the date of disburse�ent.at ths NTot�t�.�d at tae oytic�n
<br /> i� ' ' of II.�nder�shall be itn�ediately due und payab2e• � ,� ,
<br /> _a�
<br /> •;; (P'aga 2 of I pcgea) �
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