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<br /> � - , 'I�fF��/TI`H all the impmv�eais naw ar�Ceaeaftea e�d gm'pe�tY. � `
<br /> '- s.�., :,� �, 6octa�es cEOw'ar A�eaftEr a ga�i af r3�e pmgerty.AII replar�ents�d additions shall atso be caveced by thls�Sec�aity►�nsttumeni
<br /> `'••, , °r.. All of the farg+oi�g is tefe�red to ffi t�Sewrig►Ins�m�nt as tke°Prapetty. <
<br />-- � ' ,� , ,_ � BORF�OeVER COVEIJANTS¢��asmwer is Iavrfally seLed af the esr�h�eby cflnveye�l and has the xight w grant antl ,
<br /> VER
<br /> '�"� T��� ca�ey ttte Fraperty�sl tbai tI���Y is���red.�oe�i far�cmmtu�as of recotd Bo1mw�wariants and�1 _
<br /> �: d�eadgea�IIy the�¢a tt�e Ycu��tysgaiaslaII cl�mms and demands.snbject to anY�tcomb�oes af x�oid. • .
<br /> ,;.�,.,,.
<br /> ,"�s; �� . Tffi�SECURTIY INS7RUM�TF c�mbines tmifarm wvennnts fut national use amd no�{-�iform covenants with limited
<br /> `,; L'',;'��ty vffiiaLinns 6y�s�cuoa to oonsti�a anifanu sec�iYy insuu�t oaveamg real pmpeztN- . .
<br /> `-''`.:.-� ��:. �. ;.. UN�URIJI COVENANIS.Baaower and Lendea cove�antand ag�ee as foll� .
<br /> �' �: ,, .:'�:�.� . i.Ysymemt of Yrtndpal end Interes�P'reP�ymQat and Late Chargea Bormwer shail prompti7i paY whep due the �
<br /> � eat andlate ct�arges due cmder the Note.' ` ., °,�
<br /> ; . F;,; `�:.:F�:.,�.. �al ofan�int�st on the debi evldem�by me Not�and anY P�Ym �.. .
<br /> ,� :� Z.Fands for fi�es aa4 Ynsurance.. Snbje�t to appHcable 18w ar to a wriu.eu wafiver by l�ctea.Barrawer sbalt pay to � :,�._.
<br /> - , ` �� " ,� I:ea�der mn the dgy awntLIy Paymeats are due under ths No�.naW the Note is paid'm fu11.a sum("Funds°)for(a)yeatiy ta�
<br /> _ <`� Y s r,,,m aver this �A�Y'(b)Y�Y���PaY�� ' '
<br />� �°� ' aad asses �whicD maS►a�sin priosi�i+ Se�iry insuruaent as a lien an the . �. '.�
<br /> ' or gcound rents on d�Fropeaty.if aaY:(c)S+early narard at pmperty iaswance p�niums:(d3 YearIy Qood insu�nce pteanIums.if , .
<br /> � � „ �, �;'�: . anY.(e)Ye�iY mo�e��a�ance presniums.if any:end(�enY sauna paYa6 l e by 8arrowet to L e n d e r.um e o c c r d a n t�e c�+i t b t h s . .
<br /> � �..
<br /> . pmvisians of pa�a�apb 8,in lleu af the payment of mortgage ins�ance pre�iums.'ilrese items�e�alted"Fscmw Ite�s."
<br />_ °...r , '.�, I�adea may,si any time,coIIect AnA[iolA Funds iu an aaroont not ta exceed the maaimurrn ara�o�t a lendea fos a fr,d�ally re�at�d .
<br /> . � ' : �mongag�lo�as cnay raqu�for Baaowea's esaaw acmant�the fedeaal Real Fstate SeuI�cgt PmaeGmr�Act of 3994 as
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<br />_�, , ,; '., . ..-..-__ . mmca�d¢d.�from�dme�mtim��12-US:C:SecdonZEsOleaseq,- pA°-).unlessanothc�.law_tbat.applies.to.the.FuudSSetsatesser.-.--- . .
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<br /> � amount If so.Leudec maY,az aay time,caIIect and ho2d Faads�an�uount aai ta excee�the Ie�ea amomit I,eatde,r may ,. `;r�._'
<br /> � :�.�:�, a�,:
<br /> , � ��,"°� est�ate the annount of Funds due oa the basis of au�t dara and�ea.sronable es6mafes of ezpeadiAUes of fuuue Fscaow Items or :.�;,�.
<br /> �: '-,' ot�vise in atacardauoe witD applu�ble Iacv. . . �'3."
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<br />: ..':'r' ''�'"`''�"!. 'fT�e Fuuds shall be hetd in,an institntian whos8 deposits'sce in.suaed�by a fe�eial ageucy,Ins�u�litSh ar ea�tity Cmctadmg ;�.
<br /> , . , _ _ - - - �
<br />- � , . '�,. ��. Le�dQr,if Leudcr is soch an imsttUniaa)ar ia�p Federal Home Laaii Ba�&.L�it1�s6a1!app37►the F¢�ds w Pa1►tbe�scaoR' .:�;�`
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<br /> ::: . � �'�:. Items.Ieadea a�ay aut ch�ge Baaow�far holdi�aad aPPly�ag t6e Fa�ds.annaallY auatYzimg the esaog��coun�;nr v�g �a,-,-:
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<br /> . . � tha�Iteans.anless Lea�er Pa�'s Barrowea inie�est en tit��'mids�� 3icaUle law peamiis Leandea ta make sucb�ch3rge. ei"`
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<br />� ; '' ; '�, ' Ho��az;Lcudea�aY re�latne Bmtativea w gay a on�tume cSaaa�;�far a�independeat rsal essate tax repaYtmg secvice:q�d by =-
<br />--�' �` I.eas4er m canmepian witb this 1oan,�mles4 aPPlicable law pr�r�es atis�r�='se.Unle�sv an agre�anent is made or apg�law � _�
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<br /> � , , � requires.interest tfl�pa�d.L�ender shaD not be reqatred W pay Bmrou�s�mtearest or�gs on the Fand9.Burra"rer and
<br /> :.. �' � . Lendet r�ay agee ia�i�.°8•howev�,that intere�st shall 6e pai�an the F���dea shall give tn Bormwer,withoiu cdiarge,an . °��,>
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<br />- ' ' aim*-.:�9�cbnntIng of the Faacls,s'�owing crediis aad debirs w the Funds�tlis piupo�fm which each debii m 8ie F�ads was . --_
<br />_ ;-.;;�y`;, tnede.The Fimds are pledged as�lfl�ia�al s�rity for ail sams sec�ed by thi,s Seauity Instrument . _ -
<br /> . If ttte Funds held by Le�dea exceed the amaunts pe�niued tn be heId by�pplicab2e law.L�tder shall accaunt tfl Bomnwea for �
<br /> � �. ,� �.� �e eacess Fmids i�a�idance with the require�ts of applicable law.If�e�ount o f t h e Fun d s h e d d b�I.ea Qer a t any t u n e i s �_"°_
<br />- - _ - . „.�,� , aoi s�.�ie,nt ou ga�.r�e Fsaow Items whea�due.Lend�may so notify Ba�+�in wri�ng,and.in such c2�Bo�owFr s6aII pay =-
<br /> � � .•�,`: ,;�; W Ir�rt�rr tfle amo�t�!+tn maYe ap the de�ici�ncy.Bmrowei sha1�maYe up the de8cieacy In no mare tfian twclve _.---.
<br /> ;";.-;,, . � t�IY<PaYtn�t�;atI.ender's soladisec�eSon. . __--
<br /> . , n,,.:'::. �. .� man .... - -
<br />- �°�'�-�`;'�-'„� �-. UPun Dayment in full of all sums sec�red by this Seciuiry�.,�-���i,Lend�strali pmmpUy refanc!m Barcaarer�g Funds
<br />* ' _�..�'� � .
<br />=-- ----__�..�.- held b Leader.If,�paragrsph 21,I.ender shall a�quuc ar se1�d:,.l�q�eaty.I�mder,ptior tD�the'acqu�si6on or�ia of t�e . -
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<br />- "m�,�� propeaty,shall epp�y'any Fands hetd by 3�id�at tAe time of acqui��vr sate as a a+edit�inst Q�s sums sea�red by t3�is. �-�. ,'. _
<br /> ., -�r,:•.:�, � Seau3ry Insrorume�L _
<br />� .�': :Y:'�;, . 3.AODlk�tton of Payme�8. Unless app1icab2e'law pr�v,��othe�wise.all payraents received by I.e�deJ under�agrspl�s ' ___
<br /> - ?�''�{=:�`'�:� � t and 2 shaU1'be app]ierl: tust,w any prepayment charges dr°�der the Not�second,to amounts payable undex P�Pb�: � -
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<br /> '•,:..;''.:.',, :.'�;,_ : 1h�rd,w interest da�fourth.to prinCipal due:aad f�st,W aay late charges�.°ynd�the Note. a
<br /> _ . ' . . q.C4a�gea;�,�. Bonower sLall pay ail �azes..�ss�ssne�ts.c��°�.Hnes and impostions atuPDa�D1e�the Psaperty . �;_�
<br />= y�,``��.: ' ���Y�Anority ovea ihis Sec�uity Insmu�►$nt,arid b�seha2�pc�ai�ts a��oimd rents.if any.BoAawer�paY these ., _-
<br /> - •.....:._ .�� eb�i�ns in tLe ma�nnea yrovided in paragraph 2,or if not�3�a�2a QanQU.Bormwer sliaU pay the�n on tim�du�Jy t�tiie - -
<br /> �''r�`.:: :�" . P�c�'�g�Y'"�nt Botrower shall piomDtlY farnish tn Lt�°c�a�m�'�ees of amounts to bcs paitf under tLis�rapA.If �_ -
<br />- -- -�",;.5�,;�;: Barrower�a:.,ps�a paymenis dim,ctly.Hosrowea shall pmmpdy fa�r.tsin ai F::ender�ceipts eviQencing the payme�. �`--
<br />- ;�<<` � &�owe��3 pmmpQy discUarge any lien whicb has priarity�r�Q�SecUriry Instrument unless Bonower:(a)�e�s ia , o=—
<br /> �v
<br /> :;�:';. �;.1� ��. � , wte�oa��@�e g3ymens of the obligatian secareA by the lien i�s��aunea acceptaUle to Leudea;(b)cantests'sn ga�d 1-f...'^�the liean � �`^^
<br />= _ ;� .Q� by. or.defenc�s against enforceTaent of the lien in.leSa1�eseedings�which in the I.ender's opinion opaate to pre6ent the =-
<br /> � . . _ enfoscement of�:e 1ien;ar(c)secures from the ho2de.r o€6�e iien ai�agre,ement satisfacoory to Lendea sabord'mating the Hen m °`s
<br /> ..._.
<br /> � Ihis Sec�iry tnstrumenG H Lender detennmas tbat any part of the Propeaty is sub�ect to a lien wLich may atffiin y�tority aved this '
<br /> .,::-
<br /> ; . " Sec+n;ty Inst�ument,Lender may give Bmrower a nodce identifying the llen.Bormw�shall satisfy the lien or take one or more ;
<br /> � � ��, : of ahe acdoas set farth flbave w�hin 10 Qays oi tha giving of nottce. • •
<br /> ''� • , �� ..: , . . Form SOaB 9/90 •
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