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<br /> .. `_ C • f�xtu�s Qow ar her�af�s a part of the prupe�ty.All reptase,menrs an�r�i�ans aiDall aLro be eavea�ed$y t�is Ser�iry Insuun�L '` .
<br /> .��:; `,°�� �-, -:� ..°° At3 of the fore�oing is.:efe�d m i�tlus Secusity�astnuaant as the°Prape�y.' � �
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<br /> � �� __ . . �SORS09VER COV�tANtS aha�BWrmwea is IawfalIy seLsed af rhe es�4e I�eaeby oamreqed and has the right w grant and .
<br /> �..� ;.., ..',�, cpnvay t8e Praperty.snd Q�t��PtageRY is�eacnmbeaed.excePt�or eucumbtan�es of rzcort��an�ara vrar�ant4 aad w�i �.
<br /> - '* . `-: aIl ctaims�nd demands.suSs'eci tu any encumbisnee,s af cward. .
<br /> - defend gen�aIty ths�2e w rheP[operty against S
<br /> .�� 7��IIS SECiJRITY II�F�TRiJN�IT e�mbi�es mrifa�wvenants for nationai�se and rt�n-tmifarm cav�anis with limited .
<br /> -''�--=� v2�2tions hy j�isdiaroA to consdIItie s uniform s�tuity►imsuum2ni covetiag toat ptopetly.
<br /> _ . UN�ORM COV6NANTS.Bosmwea andLendea t�ovenaatand agcee as foIIow�
<br /> �;�:,��: �;'� t.. L Faytaetst of Fdaci�ai suA In�r�st;�irepaymeat aaa�Late Cbargea B�wer.sipall'F��Y �Y whea due the
<br /> - � �:�� "�f.: p�al pf aadinoeaeston thad�MeviQencce�6Y the Natc and any prepayraent and iate charges due nadet theNote. �,�.
<br /> � '�'' �� Z.Fbnds for Ta'ses snd InsRraure. Snbjecx w applicab2e 1aw or ta a�wairvca.by Lend�,Bmmwer s�haD pay to `=
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<br /> : �� ;:�.'��.�:` Laader on the day,month�Y Payments sie due undet the Not��mt�the Note is aid'm fnl1.a sa�C'F�►����a)Y�rly taxes
<br /> �'f``�.';' I-�- Insmtment as a 1ie�on the Paopaty(b)Yea�Y Ieasefiol.d paymea�ts �
<br /> ., s- � and a5sessments whir,�may auain priority ovea tbis Se�auity , .
<br /> - t� '` ` `�• pr gmund tents nn 1he Ptoperty.if�y;(e)Yearly haz�dor pmpeaty�ce�(�Y�Y�����+� . ; . �:
<br /> '� '` �' ` sny:{e�yea;Iy:�„4e�aaoe premiums,if anyr,and(�anY sams�r;aL?Ie by Borrower w I.ender.in secard�c�ar�h r� �`�;-
<br /> < � vi�mz��. � �,in lieu pf the gayme,nt of mortg�ge insa��zemiams.'ihese iteans are called"Fsr�sw Iter,�s." :; .��H;
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<br /> �. :;; `��� F'" : ,�'� :zssr�y�c��nd hotd Fimds ia an am�t�at tn exc�ed t�e m�anaount a lendea fos a, r�lated . _
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<br />�e .�.�`i.f:,.; ','',''.�:`:;%;f� ayazw!'ci�.°�is�-st�stg�t�,12 fiJE:�C:Seci�i�:�f�l et seq. ("i�.SPA'ry.unless snoti��'tlist appliea to die F�seis a lessca--' __
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<br /> _ �,,,;-',.<.:?....,.:.,�: � , amnmxt Yf srr,��iidza maY,at mry taae,c�I�aad 601�Fa�ds ta an amaunt not t�exceed the iessex amoant Ir�dc�may _
<br /> =:r .._`:�.`_;.��.�'��';. �te:t'�e acnaimt of Fands dne os�the ir�is of c�t data and r�asonab22�sumates of ex�ad�ues of fateu�fi,.�aw Items ar . -_
<br />� . ';;', oS�se tn aaarda�e with ap�licable taw• . ' . � ` , -
<br /> .: ,.�� ,> ;., Y `the Funds shaU be heid ea an ins6mdon wfias�de�OSiis ate itisur�d b�r a fedeaal agency,�nentalitY.ox entitty(inctudin8 _
<br />-., ���:=;�'�...::���: . .` l,eud�.if Leadea is sncA an mstimtion)ar in any Fedeaat Na�ne Loaa Bank.Lca�dea shBU ayplS+.th�Fun�s to pay the F�uanw . -
<br /> - _?'���,:y:;•-;;��" Ite�a�s.Leatdei�may aat charge Bor�wer for holding and app2ying the Fands�annuallY ana2Yzin8 the esaow acc�unt�ar v�t�8 �
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<br />-_ �:;-,:_-`'��:.�� the Esca�aw Items.on1�La►def'paya Banawea int�aest on the Fuuds and egpl�ble taw p�mirs I�cnder to maY�suc0 a charge. , _
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<br />:�.���...,,,• _'�` Hawever,I�audea ma y requ�+e Boaawer to�ay a on�Sme ct�arge for en iadepend�a►t real estate ta�c report�nng stavice usad by . .__
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<br /> .��,''�. , .. . Latder in ca�nectioa with thls loan.uc�ess epplicable Iaw psuvldes atlieawLse.Un�ess sn agr�ement L v m a de ar e�g l i c�b 2 e t a w _
<br />_ �yti.�.4'!f�. '�' �lx.
<br /> -'r �:°�`�;:��-'•� tec��rires�iterest to be yatd.Le�►deT'she11 ttflt hcs[equired[o p3y Horto�v�s 8py Inteacsi ox eamings 6n the Ftuads.$olmwe�tutd .,e�:�
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<br /> , ,;'r;,,..;�- �Lendra may agree in writing,however,that intca�st shaA be�a�d on the Fund�.I�eudrr•shall give to Barrower.wltP�out c�arge,an , --
<br /> =r� � annual a¢coundag of the�1mds.showiag ciediis�nd debirs to the Fands and the p�pase fos ahi�h eacb debiz w the Faa�s was �
<br /> :�:,•� :�:�., � mada The F�mCs are pledge�as additinnal secarity►for all sums secused by thls 3etbaity tnswment
<br /> r ' If the Fnn3�held 6y Lendea exceed the amo�m p�rniued W be held by applicable 1aw.Lender s�a11 acoo�mt w Horrnwer fos -
<br /> . ' the�ces�Fuuda ia accardauce arith the req�drements of applicab2e 1aw.If the amoant of the Fands he2d 6y Le�o'�a¢any�me is -
<br /> � _ '-',-"- = aoL saf�cient m pay the Escmw Items when Qne.Lender may so notiffy Bo�roares in writing,and.in sncb case 8mrowga shall pay
<br /> w��.� to LciTder the smamat nece.ssa�y tn maice nF�fhe d�ficiea�cy.Bcurawer sh�ll maYe up Bie deficien�y►in no mose tban twelva
<br />_� ��;.� :��---', man�1Y Pa�ne�nis,at I.eatder's su�°disc�etion. ' .
<br /> i �DoA'FaYQ►ent in fuU af 211..�ms secureQ by tbis S�'�,/Instrument,Lendea shz�q�mmpQy refand Lo Barrowar aay Funds �
<br /> � t►e�d.iry i�rader.If.pn8ri g�i'�h 21.I.�dea shali aag�i:r��r sc11 the Progeny.I,e��i,Pn�co tha ecquisidon vr sate af @s� ,
<br /> -- p�p�3►.�ai��TY anq Fy�ds 9�bY B�+Ies at the a�of acqui��an ar sale as a cse�t ag�st ihe sums secure,d by It+is
<br /> -- Se�udt3►ins�'�.�. • ' . . . ' � . �
<br />" _ � .� 3.Apy9kat}on a1 Pnya�sx�. Unless applicaDIe 1aw�vides otheaarlse.all paymea►ts secerved by I.ettder�paragraphs.
<br />�'�--�'.-.'-�s'' i��rad 2,sha11 be applled:f�C;to anY P�PaY��F�!�e imdea the Noi�sec��y w amounts payahte un�r y�agraph�
<br />�,; � ihird,to intr�t��fouM,tb princtpal du�end 1ast.to srsy 9ate ct�Scs due an$�t dca Note. . . .
<br />`` 4.C6argr��.iena.Boaocver stiall pay aU t�es.as.�s�nems.�s,fines�and imposttion4 attr�bntable w the Pcage��t. .
<br /> � wtuch msp atrain prlvrity ovea�is Se�a�ty Iasrivment,and Ieaseho2A�.�ents mr gronnd rents.if aay.Bonnwea shaU pay L'�e'��' � _
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<br /> obligtuions�in the manner pmviGsd in paragraph 2,or if nos paid in that mannea,Bmrawea r�aU pay them on tune d�cfIy W the
<br />'� ' person awed Dayment Bormwea sha11 Pi'umptlY famis4�to I.ender al!no�ces of ammmt� to be paid unQe�tt�s P'�aPb•� --
<br /> �„�,o�,. . Botmwes makes thrse payments directly.Bosrawcr sl�all psompdy f�nis�to I�endca receipts evidc�ciag the payments�. �
<br /> Botrawet ShaU pmmptly discharge aay�en whkh has priorIiy over this Securlty Ins'wme�i tu�es.s Barrower.(a).a�es�
<br /> --_— ' wtidng to t�ye 1x�Yment of tho obligation sec�ed by the lien ia a mannar accep�ble to Lender;(b)contests in good faith tlu�;llen -
<br />��., iry.or Qefe�ds against enfarce�nent of the lien in, legal Draceedin8s which �n the.LenQ�a's apinlon�pexaDe tn preveau t�$ _
<br /> � enforcement uf tha lien;ar(c)secutes fmm the hotdar of the lien an ageeanent s3tisfactory a Lender subordinating the li�ta =
<br />- ,,..•r_.,;.:•.�.. � . this Secariry In..�trume�t Ii Lendea detem�ines that any part of fha Property is sub�t to a Iien wtdch may euain piiatiry over thls _
<br /> -`�::'~'y�,�:j: � Sec�rity inswment,Lsndea may gtve Hmrower a notice identifyIng the lien.Borcawer shall satiafy the lien.or tatce one a:mare =
<br /> -- "=_�:;v#,.�;�:;� . .. fl r �,
<br /> �, •,,��r.. of the as,�ons set forth abave within 10 days of.We gtving of notice: , ___
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