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<br /> �t]RROWFdt Ct3V�t+tANi'S thut Bcnrowxr is Lavrfiilly s.-ized o4 the cstttte herehy auaveyed�rd h�s tae right t�grant
<br /> und oonvey the Prop�rty aud tbnt the�iopesry�S�ment�mberad.exeept fot encu�►branaes of reoord. Bomower w�raanis an�
<br /> .�wiII defead sea�raffyr the atIe w the Pcop�ty agausst nU cIaims aad Qemaads.sub;ect ro any encum6raaces of raco�l. '
<br /> . ,
<br /> UN1P(7RN3 COVINAI�'I�.
<br /> L Fay�e�t�fi�tadpal,Intea�st a�Late CSar�qG Boaower shull pt�+when due tbs pr�ndp�!of.nad intensc oa. -
<br /> _ _ _..__rr,P���.rh.�N,meu�d_l�d�ges.�e�ndec_thsNats. _ - - . -- ----_—=_ _
<br /> �. Moathig l�aymtat�Taaes,iasuran�aad��. ffortoae�incTde in eactt m�ntaly�ymont,
<br /> tugethe;w,ith tme pxiasipal and�itttaest us set forth in the �`a'�e aad any tate chnrges, a sunq for(u) tt�c�an spdxal .
<br /> . assese��ts tevied dr to Uc ievied agaiust t�epro�ty.(b)teasetra2d paymsn�s ct �otmd t�ts� 8s,: �isget�y�:.�d . , -
<br /> � (c)Prr�ums frn iasuraace r�i un4eP Paragrip3t 4: Us�►ny year ia which the txuder raustwhicy6��e insurance
<br /> to the Sa�remry of t�dousmg aad Urban D�eveiopmeat("SeaeierY"),aF in any year ut premiwn woukl .
<br /> �ave�requ��od'sf Lendcr fi6D held tl�ee Iustrument.eacD montbIy payment shaU aLso iactude either:(�s sum for
<br /> �tl��naat ffinrt�age insurancc preqiiu�u ta�by Lender to me Sec�tary,or(�}a mont8ly cJ�aege iastcad of a
<br /> c
<br /> ins�uaace pre�nwn if ehis Seaui►�►Lzstcument as�eW by the Sazetasy.in a masonable amoant to 6e d�e� by
<br /> � Secret�Y- Fxcept for tite moathty c�ar8e by the S�raazY,th�items are c�lled°Fscmw I�s"aad tLe siima paid to Lenc�
<br /> �te called"Fscrnw Ftmds.°
<br /> Lendea may,ei eny 6me.oo�ct and hotd amaunts for Fscmw Iocros in aa aggngaoe amouat aot to excsad the�aximnm
<br /> en.af..wsn
<br /> • amoont that may be rtquired for�oaowe�s e�emw aocouat asder ti�e Real L,�ate-__..�.. -t Yraceduces Act af 19?4, I
<br /> QS C:§ 2601 et sen. aad impIr,meat�g ee�atations. ?A Ci�P�t 350�, as ti�ey�ia3► 6e amendrd fmsss rius� to time , .
<br /> ("RFSPA'�,exapt ttiat the auhion ar�rve pesmitttd by RF•SPA for uaaaticipat�d disbWs�or distsmse�ts 6efo� .
<br /> the B�s paymeuts an avn�abte in the ac�nz may not be 6�on amounts dae for the a�age insurance premium.
<br /> 'If t�e a�ts held by I�emder f�r Fs�aov�r Items exoeed the amounts�pamiueci to 6e hstd 6y RESPA,ixndea shall�1
<br /> � wah t�e ez�ss fimds as zequind bY RESPA. If the amonats of fands�etd is�r Leatder at any,�ime.aYe�t snffrcient sn pay the
<br /> ... Fscxo�I�m.s��,Lendec may notify the Boimwer and requiie Botrower w mal�e iip ole shartage ar defr�ic�cy a4
<br /> �'<`.:'<��.P�smi�dbY�i�SPA�;;�.�::� ;.. . ,:�: .
<br /> A� �,}.
<br /> `. .;.. 1Le��w 14�t�s�r��ledged as addRiona]scanrityr for all sums secu��by @�:3p�itritlr in��:If Baua�r
<br /> � ��'���'�:`:''
<br /> °.f;�•t�idecs ca,��+iu��r L�e��'.:'ymeut off.s.�l such stuns,Barrower's na�oani shail'be�editect.with•ttie batanoe�g far aii
<br /> Instalt�iD�s(a},tf�,$ad.(c)aac�i�y�a�age insuraace p:r�mm mstaltipeni that;ti�.d�,t�as not become obiigata3 to
<br />. � Day to t��,��sf��mmPt1Y refund any caca��ds ta$omnwtr...L�Y Prior to a fadecm�e saie
<br /> of t6e Pr�pe�ty ar a� j, uon Dy.Lender. Bflnowei's aoc�u�t'sha11 be C�Gtpd ac�.�:Y ba7aaae m,a�atning far aD
<br /> : �t.s for itea�E��u).and(c�..... ; . � . � � ...
<br /> . . �. .:���r J�._��Il paymmts ander Patagrap�a�1 aa$�s�be���1y►�der as.�"e�arivs:
<br /> �:tn 8�e Qwttgage uisar�c�Qizmium to be paid Iry!�to the S�y or ot�d�_+�sonthty c�`ige by .
<br /> " � �t;S,i`.�ta�Y instead of the mont�'!g zuortgage msi�nce preun��m; .. .
<br /> . : S�ND�w any�xes,spe� asse�entv.IeaseLotd paymeats ar gound rents.aad fi�.flood ead other
<br /> ha�ard i�surancx pTe�niarns,r�sr�urred: . . • . �
<br /> �to mterest due�mder the Not� ' �
<br /> w amorti�ion of the priaci�al 08 the No� '
<br /> �,ta late charges dne under the lvote.
<br /> 4. ��.y I�OOd iOd OfI!!f��N IR�17110Q BOAOWtd bL811 i�SUfC 8I1 IIDpY�DYQri1G[!iS OI1$1C PN�11S►.wbeli�r�ow
<br /> in tsisteace c�subsoqt�cady e�ect.ed�. ag�nst a�y 6�xards,cagualti�es.aad ctsaringtnctes.includii�g fu+�, for whic6 I�xlu
<br /> . ,requirts in.�. 'dhis insur�xx si�!be maintaiaed ia the am�mts and foa tha perIods tlwt L+eeder reqiuns. Hotrowa
<br /> shsll also insuie all tmprav�mcafs on tQt ,ahWxr naw in existence.ar snbsoqnqtTy ecaCde�4 o8ainst toss 4fq!lnod�
<br /> ' to Che exteat reqaired by We Socrttuy. Ail�manx shall be carried witl�oompanies apprmved by Lender. 1ix insuraace
<br /> policies and any renewals shal�6e heid by I.endu aad ahall incIude 4oss payat�le clauses in favaar of,and is�s form�coept►bSe
<br /> m.Lalder �
<br /> � In tha avent of loss,Bocrowa shStU giva I�der immodiat�notice Iry a�ail. I�sler may maiceps�of of loss if not mada
<br /> bq Ba�rQwu. Fash insuianee company oonamed is haeby aathorizod and d�x�,ed to malct payment fer sur�3oaa�
<br /> ae
<br /> � d'��q w Lender.instead of w Bcttrpwec aaa w Leader ioiatty. AU or any patt of ihe insureace Ptn000ds rr�ey 6�9P'P�bY
<br /> Lender.at its opdbp.eithe:(a)to tUe ceduqion of tht indebtedness ttader tbe Note an�tnis Secatity Insuvarent,fust W�oy .
<br /> detinqueat pmo�mts appliea ia rhe aaer tn F�ag�apL s,ana men w pr�paym«ic of principal.or(b)w the r�ti�«rep�r
<br /> of the�aaugod pro�rty. Anyappl�cation af the pmcads ta tbe principal sh�ll rat eatt�d af pos�ane the due daLe of the
<br /> moathIY PzY�� winsh are nferesd ta in l��pb•2,ar cdange the amaimi cf sucb�r�,-�!�eats. My e�corss insu�aa�e•
<br /> p�000eds over an emount�,e�u,rc�t�pay al�autst�cl�ng iadebteAness ander d�e�o and t��urity Insuument stw1l bt
<br /> . patd ta the eatiry iegaIIy entit�ed thec�em.�. � .�� �
<br /> dn the event o faceclosnre af tbis Soc�mty Fn�-uument or oth�tr�asf�r'�ritte to flie Propaty that ea�tinguis6e3 tlse. : �
<br /> - - - '�...,o,,.�:}1 riat,;�iL:�in•�x�of So,��nyver in�tu�.u�se po�ci��s fa�e sLait.pass to�e pumhaser. -
<br /> � 5.� Oocuyuicy', Pre�ervaHop,.M�intmanoe and P�ote�sn of IL�c Prnprsty: Botmwer's I.a�n Applfaitba; .
<br /> •��*±!••��- Borr�awtr�ha11._ ... ,...Pmp�+a3 Borrower's F�����witLin sixtY.days afta .• � . .
<br />_ --- , o�cu�Y,esqbllch�and us�tLe �
<br /> � the execation of th'is Socunry lnstrumene.and shatt ooufi�e w oa�spy the Pro�arty as Bdrrowc�s�res�de"r��f�t A�- - --. _��
<br /> leist one ytas.afta the daoe of ocarpancy.anless the Qettrmia�s dus neq�ui�t wU c�use c�x hatdship for, :
<br /> e
<br /> l�4rrowez�or�nkss eatanuatiieg ci�eumstances eaist which are on8 Barawa's c�norol.�Bonowe�sE�xi��tify I�enders of� °
<br /> � any exun�tiug ciii:amstancas. Bomawer shatl not wmmit waste or desuoy.QAmaB$or saD��`.�3h,►c�r�e the Pmpecty or , -
<br /> � a11ow f& Pcopaty to detaiorate.reasonaDIe wear end tear excepted. i.ead�,°r may inspeet 3F�fi'ropwtyif the�Ptoperty is :
<br /> vxant ar abandoned or tLe loan is in defanTb Ltnder may takt tYasonable adion w Qmceot aad presen+e ancb vaant or
<br /> abandoaod PrvpMy. Borlrower s�ll aLco be itt defstult lf Bormwer.dm�ing the law appltcation ptbcess.gav�mt�iallY false •�
<br /> �inaccurate i�onna�ton or statements to Lendet(or faikd toprnvide l.ender witD eay mattrial infa�rnation)in oaunaxIo� ..
<br /> with the Iosn evldenced b�r the Note.includiug,but aot limited to.repres�nta6ons ooaeen�ing Ba�rowe�s axvp�nc,y of dse '
<br /> property ay e prin'sipal resideno�. If this Socurity Iasuvment 3s on a kasebold.Borrower shall comply witA the prnvisions of .
<br />- theles� U Borrower a�qwres fce dtte tn the Propetty.the teasehoid and fa fitle shall not 6e merged untess Lcnder agraes to �
<br /> the n�erger in wridng. •
<br />- 6. Cha�e.+to Bon+ower aod Prote�tba otLatdrr'e Rights in the Picoperty. Borrower shaU pay all gover�meatal
<br />- or muniripal charges.fines and imposlHons that ate aot insluded in Paiagraph 2. Barrower shall pay these o6lig.ttions on .
<br />- timc directly to the entity which is awed the payment tf faiIun to p�►y would adversely affect Lendef s Inttrest ia the -
<br /> Property.upcsn LenQa's nquest Bamowes shall pmmptly fumish to I�ender receigm evidenang�sse� payrn�nt�.
<br />- - If Bonawcr fails W make these pa�rp►ec►ts or the payments requi�d by Paragiaph�.or faits to perform any ather
<br />_ oovenan�and e�reemenb oontained in Ws Securt�r Instrumet�t,or theae Is a Iegai Froc�ing thatmay s�gnificxiatiy aff�t
<br />, [�ender's rights u�the Fr�opeaty(sueh es a pmceedmg in baniocuptcy.far condemnatioxa or W enforce laws or regulahons), -
<br />- then L�nder may do aad pay wUatevea is nesessary to protect t�e value of tice Property ea��def s rights in the IPcoperty.:
<br />- iuctudin�payment of rax�s,hazard insuraace aa���er ieems r¢eationed ia��r.�ls 2. •
<br />- An�amounts disbmsed Dy L�r naQer t�Fz:a�aph�,�ID hecome ara add�aaaa]ds�af Sorrower�ad 6e secured by .
<br />= thiti Seuvt�ty Instrumea� These amauns sl�aU h�int�est frcm•tit�dsite of disbprsEment,u!ue Not�ratc,und at tlze c�sr,�.�on
<br />- ' . . .of l�r.der.chall be immctliately due�x!payal�Ie. ,. � '
<br /> _ . • (Page 2 oJ4 page:)
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