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<br /> . " ' • TO�CTFIGR W1Y�t ufi tho tmpror•emcnl9 nor� rn hMe=.itMr m�>;.te�� an tha prop���t� nnd all eaoemenis, ►�purtc�ta�i�os, and �.,,' .
<br /> ' fudurc� naw csr herenitu u pml ut tho praperiy. AII reptau-menta a�n�l mtdlU�mn ah:iil ;�I�an�,r r.nV�'tpd tly Ihl9 EtOCtl1ilY Iht1tFUflk?Ai. -
<br /> - ' ' All of tho taro�oing i�rateirod ta lu Ihls G�cadty Inotnimenl nn th�� °I�r����t��ty.° _
<br /> 80AHOWEN r�3VF.NANTA Ihnl Ilau�nvar �� lawlu�ry ouiiecl u1 thu u�tata hcrrt�v cunvoyod nnd hns Ih0 rlphl lo qrM1 and
<br /> `' • canvoy tho Prope+ry nnd thal tho Praperry Is unencinnbored ��r�r�il Iur �•nr,um6iam:o�� ot rut:ord Hoirowar ►vaRanto und �vl�
<br /> dafand�enomlty tho q110 to tho Propo�ty apalnnl nll c�am�a mid d��m:nui, �iuN�ar.l lu +nry nni:un�r�nsr.0 ul t�:w�rd. ry�
<br /> 1'k119 BECURIIV IN9THUMENT ��m�lnos uNioim covcnnnle lur nolianal u;�r cmd nun•wuturm covanDnto with Iimltod"' -
<br /> . - vadntlone by��+rfadluun�►Io conntlluto a unAotm aocunly Insbuo�cnt c:ovmu�y rCal propeqy , _ ..
<br />- -- -- - UNIFQIIM COYcNANTJ. Bu►ru�ver nncl londer aavuiiant and ngrne u�lultow� • _.
<br /> ___ ' '� 1. Psymont oP Prinelpal and Intereel; Propoyment nnd Lsto �hn�poa, Nanuwor ahali prort�ptty pay whc� _
<br /> duo tho P►inclpAt of nnd tntcroot on tho dobt ovidensad hy tt�o Not� +md a�y F��ep��ynwul on�i Iato chart�as due undar th�N�tu,
<br /> .. .. . �. t'u�d:�4 t�s T a e s e s e n d I n s�+r a n n e. G U b�t,r_.l tp n r rflr:�ht��L��! nr in o e�ilt►en �tiilvetr�y Lendcr.�utroW�t BhNI p0_ --
<br /> to Lendcr on tho day monthry pnymanto nro duo under tl►o Note, umil tho Noto Is p;itd In tull, a aurn ('Fund�') for. (o)yns
<br /> ���.. taxan and n000aom�nto which may attaln phority aver ihla 5eciirl�Y ���:�I�ument a� n Ili�n un thu Praporty: (b► ynatly Icaoohol
<br /> ' ,��t pnymunto or pround rc�to on tho Properiy, It pny; (0) ycsr�r hnr.�rd or prap��rty In;uranco premlums: (d) ycnry nood �naurana
<br /> ptumlumo, 11 any;(o) ycarty mortqapu Inaurnnco pramlums, II any; nn�i p) any numo p�ynhto by Harrawar to Londor In aocardanc
<br /> wlth tho provlslono ot pnraprttph B, In fiau ol iha pnym�nt ot maitt�ago Insurnnco pramlum9 Tlwso Itom9 �ro caliod 'Eocraw
<br /> '� �� . Itama' l.andar m�y, at any tim�, collaot ond hold funds in nn umount n�t ta oxan�,d tho maxlmum amount o londar tor a
<br /> , tode�ly relatod mortgapo loan m�y requiro tor eorrawor's usr.row occount under tho ladcrnt Rnal�ntnto Sottlomenl Pracoduros
<br /> � Ac1 of 1874 aa amendod trom tlmo to pmo,12 U.9.G.�i 2Q01 al ��q 1'���PA"), unless anothar law thnt applios to Iho Funds
<br /> _ . �, noto a le�nor amount. II so, Gondcr mny,at any pmo, colloct nnd huld Funds In nn nmaunt nat ta oxcaad tho loaenr amaunt. - - -
<br /> ;.. l.cnde�may osiimato tho amount of Funds duo on tho basls al cunont datu nnd re�uannbto osilmntos ot oxpandlturao at tuturo
<br /> ��� � Eocraw ItQms or othonvlso In acoordnnco with ap�llenbto kuv.
<br />- ' .`� 'Tho Funds ahall bo hold In un Inotltullon Who�o deposlls nro insurad by�i ladern�agency, �nfltrumentAlity, or ontlry(Includlnp _
<br /> . �' Lander, If Londor I� such an Instttutlon) or in nny Fodnrql Hamo 4onn Bnnk. lander ahnil �ippry tha Funda to pay tho Eaataw ;'_-_
<br /> Itemo. Londar may not aharflo Bor�ewor to► holdinp nnd upptyln� iha Funda, annualy uonlyzing tho usctow ncoount,or vorlS�Mg :;,
<br /> ti- . tho Eaerow Itemo, unta�s Landnr ptrya BQrrowar Intcrost on thv Funda and nppticnhin taw pormlta I.ondor to mukt� suah a '�-�
<br /> �•� � aharpo, Howovar, Lendnr mny roquiro Bor►owor to pny n on�+tlmo ahar�o far nn IndnpondeM roal aotnto tnx ropodinp oarvlco �• '::.
<br /> 4f,� usod by Landor In connootton wilh lhls IoAn, unlone appllcabin law pravidos othonvlsa, Untoso an agrnomant la mnde or +-'�_`
<br /> �;u..°: ``:° appllcAblo law roquhos Int�ro9t to do prald, �andar ohall no!t+o raqulrod ta puy Bonower any Inloroat or oAminfla on tho Funda. -_-
<br /> __,�_�.� Botrawor and leadar mtty ttgroo In writinp, hovtavor, thnt Intorost ahnll bo ptNd nn tho Funds. l.sndor ahAli �Mo to BoROwor, '`,:'<:=
<br /> ���1 ' wAhout ohargo, un annupi aaaountlnp oi iho Funds, nhowln{� crndltn nncl deblte ta iho Funds nnd thc purposo tot whloh eAOh ':;'
<br />- � dabil to iho Funds wam m�do. Tho Funds aro pledpod c►s addlUnnnl soouriry tar�II �ums socurud by tho 800urity lnstrumalt. �'- �'
<br /> ;T,'� fl tho Fu�d9 hold by l.andor axcaod tho amouMs Durm4t�d to be t�eid by applic�bto law, l.andnr ahnll nacount to BoROwar ��"---
<br /> ' '`i tor tho excos� Fundo In uoaordnnao with tho roqulramenlo af nppllaablo law. 0 lho nmauM of iho Fund3 hold by Lender at sny __
<br /> ' tlmn la not sufiloloM to pny tho Eacrow Itoms whon duo, l.ondor may eo notly Borrower in wdtinp,and, in euah caso QoRawor ="---
<br /> �' '! ` ahntl puy to londor tho amaunt�aaoannry to mnko up tho daticlonoy. Hortawor ahull mnko uW tho doflclonay in no more than _'`_
<br /> `'`"•'•' twaNa monihry paymnnts,�t Lander'a aolo dhscrotlon. __
<br /> :-- �. Upon pAymunt In tull ot all oums aecured by ihis Socurity inutrumant, Londor eh�ll promptty rotund to Honawar any Fuada �,_
<br /> '_�_� _ held by Londor. If, undur pnmgmph 21,londor ahaU ucqulro ur aall tha Propody, 4endor, prlor to!ho aaqulaiilan or eelo of tho --
<br />,.�;T Ptoporty, ohall appry uny Fu�ds hold by Londer nt tho timo ol acqulslUon or snla nn n credq aflninat iho aumo anourad by thls
<br /> 8euudty tnst►ument.
<br /> -�ac.� `_
<br />'=+Y�'' �� Qn����g� �} pey�ortt�. llnla� appllcn6ln Inw provido� othonvinu. nll pnYmants roaalvod by Londor undar _
<br />_'=v�'°!?!�� parugmpho 1 and 2 ohall bo appllod: lirst, to any prep�ymont ohnr�os duo u�dor tho Nato; aaoond, to amounta pt�yoblo undcr _
<br /> __ :-� puraflmph 2;thlyd,to Intcre�t duo; foutth,to pdnaipul duo;nnd I�at, ta�ny Into ohnrpo� duc�und�r iha Nato.
<br /> �-�'� 4. Chd1'g08; U�nB. 8orrowcr ehall pay pll t£ucos, ausosemonts, aharflas, tinv� and Impaal4lono a:tdhutnblo to the __.
<br /> -�---, pr�,,,..�m.��.��„��,^��i� _Ya� thl, Qoru,�fl�Inctn�mant,ancl I�ngnhNtl oaymanlII o� cyound ranta. lt any. 8arrower ehell .
<br /> ,..�� pny theae�obf�gdtlono in ihe mannar pro�ided in paragraph :. or ft not pnid !n thn� n�.�nner, BORQLY9f BARII R3y ZAE!}i M tNlt4 -
<br /> � ��� dimctty ta iho poraon owad paymant. �orrowor ahnll pramptty lunilal� ta Lendar �n naticae af nmounto to bo pnld under thla —
<br /> ,z�k paraymph. If 8ortower makos thoso pnymoMa dlruotry, HoROV�cr �hnll prompty fumi�h to l.endar rQOal,otA �vldenolnp the
<br /> peymcnto.
<br />__�'`��� Borrower ehail prompUy dieahar�a any ilen whloh hc�u priodty nve� ihio Socurity Instrumont un�o�o Bortowor. (a) agreea(n
<br />=�'""��' �vritinp to tha paymen! 01 tho obllpatlon eoaumd hy tho Iian In c� mnnnor accopt�►blo Io 4ondcr; (b) oontaatn fr� pood faith the
<br /> __ � li�x� by, or dotandn npalnol ontoroomoM oi iho Uen In, lopal pr000adingo whloh In tho Londa�'a opinlan oporato to prevent ih�
<br /> ���—; ontorcamant of the Ilon; or(o) eocures hom iho holdcr ot tho Ii�n nn c�proomanl natlotnatory to l.ondor eubordloaUnp tha Qan to
<br /> thta Seaudry Inatrumont. �t Lendor dotarminos that nny p�rl ol tho PropoAy Is oubJect to a Ilen whiah mny urioin pdotlty ove�this
<br /> .— 8ocudty Inottumant, Loodor mc►y pNa 8arrawer n notice idonityin�tho Ilon. Borrower shnil oadnry tho tlon or take one or moro o1 _
<br /> -._ � tha aationa a�lorth abovu wlihin 10 dnyo oi tho giving of notico. -�
<br /> ' 6. HasArd or Property Inaura�oe. 8orcov+cr ohnll keep tho Improvomento now oxl�tln4 or ho�eAfter uroated on the
<br /> , .�,y� Propetly insurod eQainut losa by tiro, hasardo includod wlihln tho turm "oxtandod aovnrapo" and any otfior hazarda. Inatudin�
<br /> floods or 1loodinp, for w�lah Londor toqulraa inaurnnao. thla Influrnnoo dhatl bo malntnlnod in tho emounts and for tho petlods
<br /> that Lender roqulros. Tha Inouranco cArtlor providin{�t1�o Innuranao ahHll bo nhoaon by Bortawor aubJaot to Londur'o approval
<br /> '� whloh ehall not bn unreASOnndly wlihhold. II 8ortowor lalls to mnlnlain oovarctgo doaaribod abovo, 4onder may,t�t londat'� -
<br /> , optlpp,obtaln covo��afla to protaat Landor'a hght�fn ihp propoAy In nccordunao wlth Q�ranrnph 7,
<br /> All Inourctnce pollcios and ronawflla ohntl be acc�+�tnbto lo l�ndvr flnd ahnll includu a otnndard mortpnpo clauoo. Lender
<br /> shal!havo tho dpht to hotd tho poWcloa and ronownls. It londor roqulros, 8orrawor�hall pramptly pNo to Londnr all�eoolpte o1
<br /> � p�ld premtums and rannwal noticoa. in !ho uvcnt ot loao, Borrowar shall givo prompt notico ta iho Inauranco cardcr artd Lende�:
<br /> Lendei may mnko praol ot loon If not mndo promptty by Ho►rawor.
<br />_.__.__�_ Unlesa londa► and 8or�owor othorvvlso agroo In �vdting, inaurAnco procooda ehnll bo +appli�d to rontorutlon or rqp�h'ot the
<br /> --__-- -- Proporly damaqed, If th4 rostoratlon or ropulr Is oconomicnlly taafllblo flnd Londor'o nncudty la nat lo�nonad, It tho�esta►atlan or
<br /> °- —_� repAk Is not econamicaly f�aelb�o ur Londor's oocurlty wo�ud ho lassenod, tho Innuronoo pracaad� nholl bo oppUed to the oums
<br /> -- eocurod by thla�acurtty tnatntmant, whothor or not thon duo, wrih nny oxcosa paid to Bonower. 11 8orrower ebandone the
<br /> `- - _— Proparty, or dooa not anawo�wlthin 30 duya a notica trom Lond�r that tho insuranco car�ior hno offorod to oottla u clulm, thon
<br /> = Londar may collpct tho inouranao procoodA. Londor m+ay uao tho procoodu to rapair or reatato tho Proporty or to pay suma
<br /> .-_,,;�,y�,,, seaured by thls 8eoudry InatnamoM,whothor ar not thon duo. Thn 90•dny porlod wlll bogin whr..-,:t�o notico lo ghran. e,
<br /> — tfniase i.endar aM Sarrower oiharwlaa a�rsa In w�tlnq, any nppllca!!an a! proea� !o pslndps! slus!! aot rxtetsd Bt =
<br />�.;r�`� postpono the duo c,.� of tho monthry puymonta rotorrod to In pnrnqrt�phn t and 2 ar ahango iho amount o1 tho paym8nta. 11 �-
<br /> _'• } undor parapraph 21 tho PropuAy Is acqukod by Landor, 9orrowei a dQht to nny Innuranco poticlos nnd pr000ada reuul�np from —
<br />. - dumage to tho Property prlor to the Qoqulaltlon ehall pfles to Lend�+r to tho oxtont ol tho aum� by thlo 8oaudry Inatrumont �r..-.
<br /> __�.,S s� Immodiatuy prlor to the acqulolUon. -
<br />�.,__;�,�� 8. Occupanay. Preaervallan, Malntennnoe and Proteatlon of the Praperty; BarroWer's Loan -
<br />� =;;1 Applloatlon; LOaeOhOlde. 6orrowat ohall ocoupy, antabNah. nnd uflo tho Proporty nn Bortown�'s princlpal�aoidonco wllhla
<br /> n� elxty dayo aitor Iho Qxacutlon o1 this Socudty tnstrumnnl nnd �hall continuo to occupy tho Proporty oa Borrowor'o pr(nalpal '
<br /> .���`� rosidoncc+br at Icaat ono yuar oftor Iho dnlo a1 oacupnnoy, imlmi�i Lendnr othcrwleo a{�roo:► In wrltinp,whioh ooneont ohal)not ,'�•�
<br /> �d�•,
<br /> - -�` ,. bo unrcaaonably withhold,or unla�e extanuatlnp alrcumetnncn;oxt�t whlch ara boyonri Hairawar'o control. Bortowar ahn�l not
<br /> • ��• " do�troy, damaflo or Impnlr iho PropoRy, nllow tho Prapnrly tu dolarian�lo, ar aommlt w+�sto on Iho PropnRy, Bortowcr ohall b0 In
<br /> . � ' dotaull il any tortoituro acllon or procooding, whulhor cfvll or criminnl, is bapun thnt In Lundr.r's qood lalth Judflmont cauld rCBUIt
<br /> - ,. In fortolturo of tho Proporly or otherwlso matarinly Impnlr tho Ilon r.roated by ihis Socurlly�natrumont or Lendor'a socudty Interest. � =
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