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<br /> ''`'=``�`,"`, BORROWER COVFd�1AN'fS tLat Boiiower is tawtlilly :�..��.-•.
<br /> " ' �s vmen�ua�ar�d.exoePt for e�cumb�ans�of record. Barrowec w�urai►ts ea� ,,:r -.
<br />����F,- ''.' `� _'. @y anslchatthePro _ �•
<br /> ;.a�,. , .,: and oonv tt�PmpertY title to the I'rope�agaias�aD ctaims and demand4.snbjcxt,t�uc!7►encumDtuaces of seoord. � �}.:�-�;,-'
<br /> � -- . -`-- =-- - cviltd�fet+dgenEralfy the , . . � . _'.•�.:
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<br /> � � � � UNIFORM CUVENANTS. an2eivst ead Late i� Borro�ver shall pay when due the principal of.and tntecest op, .
<br /> • •�. 1.' Pey�eat of F�di�ag,
<br /> - _ -;r ',t"�: [��7t CVIQ&RCCa���Oi2���C�:S dFtC� �4LQ. �
<br /> � .. �. R2m�Y��{a?Ta�,����Oiher C�as�� Bairower shaU inrt�cde ic�esurh mont6iy p�y�aea� .
<br /> - . .`'.�:��= together with the ptinapa2 aud in�as sex €ortPi ia the Note aclsi any late ct�argcs. a sam fos(a) t�xes and speci� ,
<br /> ass�ts Ievied or w 6t tev?ed against the ProgeRY. (b1 teasehold pa�rra•.nis or gcsnund rents un the Ptopeaty ;
<br /> <<`"�`''` � under parag�aph 4. In any year in wffich the Lender must pay e mortga8e ias�uance ;�,
<br /> '""'t wleicR sud� iemium would
<br /> �"�; �.�� (pc)P�to the 3estetazy►of H�aad Urbaa DeveWpment("S��'7,or tn any year iu p � =��`?
<br /> . ,, ` avh��quired if Lender su1Y he the S��y Insuument,eacb m+o y paymem shall also incinde either.(i)a sum for ,
<br /> .or u a moa9�I e instead of a moftga �:=t``��'
<br /> .. �� < � e��a to be gaid b �xnder to the Sec�tar�t f 7 Y� � ,:�.'-;:
<br /> _ ' ��:�,.`` . , c��� the annual mart�aS 0e P�t��.by tfie Sectetary.tn a r�onabLe a�aount W 6e dete►Tnined bY =-_--=-,-
<br /> � � < � insaranog premmm if tbis S� "Fscmw Itcros°ead d�e sums paid to I.ender =
<br /> �f ° the Secle ,these items are cal�ed
<br /> �`�� • ,:; � g�r, Excepf for th�montlilY charge 1ry �Y . . ��s � -
<br /> �s " ` • ara caIIed°Essraw Funds." ` "
<br /> �`�''`:;t:•'�'::} Lender��.at�►y fsa�„a�IIect aad hold araounts for Fs�ow Itetns ia an agg�egate amount uot to exceed the maaimaro _
<br /> ,,�s .,.m»�;��°��� �atnount ti�ai m��be re4�-''�;�Bmmwet's es�mw ascount ander the Re�a1 F•s�Ie Settiemeat Prooedtues AcE of 19?4.IZ � .
<br /> y�r"°..;���_ ,-�-:- ons� T1► CFR Part 35Uf). as tdey maY be amended from time �timx ��--
<br /> .,��'.:,:.;�.,;. USC.� 2601 tt sea. aar.�.. . 1ea�enting regul�d. °�'�-_�
<br /> . ��`�-'� (^ESESpp°),exceplyd�at tt�e ,��'an or t�senre pesmiued 6y RESPA for unatsticiPaUed disbvsseme�ts ar dis�rtts befose ---
<br /> �F� the Boirovier's payments aie ava�able in ih�ascauat may not be based oa amBUUts dne for t6e mortgage iasatanre Fre�°�- ` .
<br /> ' .�,i..< �.'.., �":�� If the a�no�ts h�ld by I�drs far Escaow Itsms exo�d tfie amonnts permiued to be heW by RF.SPA,Lender shall deal ��+ -
<br /> �• ,•,: ... . . .. .. .
<br />� .,._�...�' :� .-- ----......wit�ti�e e��s_s fweds av r+eq�d by RF•SFL�.if the amoiWW�of funds heW by Lendea at any time are not suf6cieat W pay the �-!-_�
<br /> . .,t,•.. ..•. the Bo:marer aad iequin:.Boirower�o make�up d�shQrtage or defcieacy_as . ....
<br /> ',i . .3.t<. F.�L'dDW.ItEIIIS t�I1CII dll�►I.EIIdCt IIla3/pU�� . Y __
<br /> RPSPA.
<br />� . r�:�'�•hi� � '
<br /> ,;. ,,. �,� ��tYaw Funds ac�pi�dged es additional secority far aII surns se�by this Se�uity Insuument. ff Banower _
<br /> - ,:^},.:,,.°.�';�- :y text$�s to Lea�er fhe fuD payma►t.of ell such stt�ss.Barmwe�'s acsaunt shail be.cscdited c�rhh the badance remaining,for all . ----
<br />- '- ' ' ias�altm�t i.�s fa?a(bl,�d(c)aad anY mqrtgage insurance premium iasmllment that I�der has noi�for�cdos�sale... .;,' . .
<br /> - "�r����:.��`,;-, w pay w t�e S�.and Leader sltaU promptly irefimd aay excess fimds to Bormwer.ImmediatelY Pnor for aIl ; ==-_:--
<br /> ,��.�:"-:%�,r'�. �_-� of the Prog�;:ar its aaluisltiQn by Lend�. Bomnwet's aceount slia�aU be c�ited with aay 6a]aaoe remaining
<br /> �:::_:... , � a;and(a)- .
<br /> °�:a.< �s: -s ti. . � iaLstaIImentsfor3rre�s(a), , • -
<br /> _.;a:;:--•;':°. x �a hs 1 and 2 shaU 6e 1�ed b I.eader as foltows: .
<br /> • _�p 3 Appli�tton af�Qa�. AII Paymen updcr Paragra,p e�� Y .
<br /> : :;�=:�;,. ,� • umw be patd b Lendsr to the Secfemry or to the manthly c6arSe bg� , . .
<br />-. ' ' �-.} .,.�-�. k�R T_S to tAe tnortg�msurancc premi Y .
<br /> ;�'';;??',-`'�" ' the 3ecretan+iaste�i-u'f t�;a munthly mortgage insuranrepiemium: � .
<br />- ';;�,��. � t� � '' ��CO�ND.w any tax�:speaal as.�es>-meAts.leasc�old payments or grovnd mats.and fir�Aaod and othea
<br /> ,�:� .��x:�;.-.�.�s��. � �d'�nsurance prem�s,as r ,�� . ' �,-,..�_.
<br /> .{ <�, ;�` • . D to inLerest do�w�' 'c.ie l�i4ti:,.` . " . .
<br /> ` 01T to amort�r:r Lf thepa�nppal of the��
<br /> "+ '�'- ,.4 . g�Lo late charb�o'?�:'und�r@ie Not�. � ,whet�ter now
<br /> . . , ,,t , d. �',r�&'tood aa�0�7�er Aaxaud�nsaraac� Bor�vnnrer shall insure all impsnve�ents on the Yroperty
<br /> rer
<br /> .;;r•'��,�i;��r;."�;,.�`' in esisteaoe c�s�bsequ�nslg e�ted,a�.�aa�tY �az�d�.�casualties.and contingenctea.Including fire. for which Leader .. . --
<br /> - .r r. � ��.��r �� . � . reqni�s iastu�io�. 4Lis insurance shall be maintamed in the amnuatS aad for the periods tbat Lender re4uin�. Borrotives ..
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<br />=_;.,��:. � ' shaU•aTso�r►suce a1I�'mpmvements aa ths pro�erty,a+bether aow�existence ar subsegnentty ecec�,sgaiast Ioss by floods ;�..
<br /> .,-�,•,*��,'!����'-��'� to the extsat reguired h1r che•Secretar7+. Alt msuiance shall be carried with companies sppmved by Le�der. 7�e insuianee _ _
<br />-.:,�.�$:���— - . .
<br />- -- -- golicies nnd aay renewats s6a11 be heid by Lender and atiatt incia�e i�ss yayab�cFau�s'az�'a.�as s�����e:�-, P - -
<br />_ �.W„Lender.
<br />= In the e�.�t of toss,Boaawer'shaU gtve Lender.Immediata aotice by mail. Lender aiay make pmof°�f lan=fo�r such�ss , �
<br />-_ �{s�omPtlY.b�,l�i�'rower. Facb in��,�nce oc�a�►Y Conceaied is heneby authorized and di�cted to make P �a be lled .• .
<br /> �directly w i;��zr,in'sseaa of w Bonow��d m Lender jomt3y. All or any part of t�e insurance proceeas Y $PP �3' �,:�'�;�
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