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<br /> ' UNIFGaM COVcNANTO. 0onawor and Lcnder covenant and adrao ao fallawe; tPO,/aO ��p (�� .
<br /> 1. P1vment n4 Pri��el�a1 �nd Insepaat; Prspaymaa4 and I�te Chargee. Elatratvct ahall pramply pqy w�en duo tha
<br /> - prtnqpaf at nnd Intcrosl an Ihe det�l evtdancad Dy tho Nota ttnd eny prCpay�nent end tata cltarpoa duo undcr tho(Voto.
<br />-° �- " �, wuads!�r Y�xe+� end insue�+�ee. &ub�eat ta applleablo fau er to a wdttan wAtvot by Lender, Borrowat ohall pay to lender o�i _.
<br /> - . �1 tha�Sy monthly�yme€�Is sre due unctcr tho Nota,untll the Neto le�ld 1�tuQ,e oum("Funda")tar. (a�yearry ta�ao and asaeaamente�vhtch � -
<br /> __ :-f �ay ott�tn prlo�iry over thts SacudN Inahumont an u tlan on tho PropuAy; (b)ycaity lenaohotd paymcntn or Qround ranto on tha Properry� `� �'�
<br /> tlood ineurnnce ramtuma,it any; (o)yc�ariy�eti�ega li�6uranca�t'�um�. E---
<br /> It any; (a)ycady hnrnrd or propaRy inauranco pramlums; (d)yrAr�► P
<br /> -�— N any; and(q any eums paynb�o by Bo[to►ver to Lender,U ocaord�tnco wltA tho provlolona ot pnruprnph 8, In Ileu ot the paymant ot mortpago
<br /> ;_�t_;��. .
<br /> � innurctnco premfume. Thaso item9 nro cal�od'Encraw Itcros'. Lcnder mny.at any tima aoliuct and hold Funds In nn amount not to axcoed
<br />"�'-� � tha maximum amaunt p lendcr tor n lodemty rr.tnt¢d mortpago toam m�y taqutro tor Ho►rower'o oncrow nacount under tt�o tadcral Rcal ''Q�t0
<br /> Eatato Sattlament Ptocedurea Act o11874 ao amsndcd hom Ums tu time, 12 U,9.0.�2601 ot ooq.('REBF'A), uNo�o anothor Inw thnt opp•
<br /> ' � tho Funds not�a Iossor amount, It so,lcndar may,at nny ttmo,coliacl and hold Funds In an amount not to oxaaad tho lasser umount. lc�►dcr �
<br /> - ' mey ostimsta ths amount of Funda duo on tho Bnola ol curroM data and�easonabta astimataa ot oxpundituros ot tuturo Eecrow Itcm�or olhenvlso . �
<br /> ' +.� In eccurdanco�vlth epp:lcabte t�w. �'"''�'`
<br /> Tha Funda ehall bo hetd In an Insqtutlon whaeo doposlta aro Innur�d by a Icdeml apancy,tnaWmantality,or ontity pnoludinp Lendet 114ender -
<br /> 's`� ts euch en InsUtuilon}ar In nny Fedaal Homo loen 8ank. landar ahatl apply tho Funds to pay tho Escrow Items. Lender may not aha�go �-
<br /> �, :_.z� .
<br /> Boirowor far holdfip and epplylnQ tha Funds,annuuiry annty�lnfl tho aacrow nccouM or vudiytnQ tho Eacraw Itam�.untoss Lenda pbys 8orrower ;r,,
<br /> �, � .Yc�`�--_
<br /> . .� intcnsat on tho Funds and upplicahta la�v pem►tte londar to mako nuoh a charge. Ho�vovur,Lcndar mny�equtro Bortowar tn pay a ano-tlmo eAerpe -;,,�Y•.
<br /> - tor pn independe�t roal ostute tau reporting aorvico ueed by Londor in aonnec�lon with thls loan,untase epplicablo law p�ovtdes othenviso. llnlasv ;�,4-`_..
<br /> , ' _� sn sgreumant Is mada or applicablo law mqulrna Interost to bo pald, 4andar ahall not be requlrcd to puy Bortower any Intcrost or camings on tho ,.�,��_,
<br /> in wdltn howavor,that Intarust ahall bo puid on tho Fundn. landar ahell flivo to Bonowor,without =�-�
<br /> Funds. 8arrowov and Londer may eprea 8� ''��=°
<br /> �'•'� �� ehugo,�n annual aocountinp o1 tho Funds ohowing aradlta and dabito to tho Funda und tho pu�paoa for whloh eaah debtt to tho Funds -`
<br /> .�_�
<br /> '`~ waa mada, Tho Funds are pk:dged es addittanal aecudry tor all aums eecurod by thls Secudry Instrumant. _---
<br /> .,`�, :_ ;
<br /> _ �;� i!the Funda held by Le�dcr eucaod tha amaunta pom►ltted to be hetd by appllcabla la�v,lQnder ehall account to Bortawc�for the excess
<br /> '�"� Funda In eccordance w4h tho requlromente o1 appUcabt�law. tl the amaunt ol tha Funds ha�d by Lemder at any timo(a�ot aumelent to pay tha - --
<br /> ' �ectow itema when due,lende►maY oo notly Bortuwer In wdUng,snd,In suoh oaao Borro��ss ahall pay to landrn tho amount neceasery tn meke m=__
<br /> "� ` up tho deAclancy. Boirowar ehail mako up the deticlency In no moro than tweNo monthty�Ymonto,at Landor'e eofe dlscrollon. _ _
<br /> y.__�*� Itpon payma�l tn Ntl a!ali aume ocrurod by ihl�8ecurity Instn+mem, Lendar shall Prampty totund ta Borrowor any Funds held by Lender. If -
<br /> _..-:��� under parapreph �t,Lander aheil acqulre ot seil the Propatty,Londer,pdor to the aaqulsltlon oi eato 01 tho Propamt�ehell eppry any Funda held -
<br /> ;r�=, - by Lender nt th�Ume o1 sequbltlon ot aale ne e credit tg�k�st the sume secured by thfs Scrcudry Ustrumet�t.
<br /> ''��� 9. Application of Paymsllts. Unlesa appAaable tew provides othe�wist+,ail payme�ta recebecl by Landcr under pa+agrepMe 1 snd 2
<br />--�"'."�� _ .��a�Neb �sf,tn sny prepa�rtnEnt charflaa dua undar tho Note;eocond,to amounto payable under pamgraAh 2t Iht�,to Interest duo; _
<br />;--.-�*__
<br /> -_--�=;w,�.� touAh,to princ�nt duo;and taet,to any tate oharpes duo undcr tAo Nota. � p ��hia:►ma
<br /> ___��.� A. Charpe�l; Ll�ns, 8or►owc►shell pay eU texos,asaessmenta, ch as,Mea end Im oaitlons attdbuteblo to tha P9roperty Y
<br /> --==- - attRit�pdoiity ovar thls 9acudty Inatrumen�and Iaxaehoid payments or ground�anto,H any. Borrowsr aha!1 pey theaeu bMpvUons�t=n�th��er
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<br /> ---_� proer�s!in R�Sp�Ph 2�c+t i!na!p�W In Wt mumEt�BOrrv�tu snu p�y mem an amo u��i ia i!��'as�a�'�r- ---._.. .
<br /> �-=--�� ptompty fumtah ta lende�aN nattcas of amo�mta to be patd rnder thla parab�h. N Bnttower mRkea th�se payments dheoty�8errower `
<br /> ��"�� eh�d pmmpty fumish to Lender roceipte evldenaMg the peymento.
<br /> --- �-w
<br /> -:_-�� BoROwer shaU prompty discharpo any Uen whiah hes pdoiity ove�thla Securlty InoUumenl unleao 8orrowM:(a1 a9�ees in wdtlng to t e pay� _
<br />° __.-�� ment of the obHSatto� eec�rod by tha ilen U�manner scaeptable to lender;(b)contasta In good Mfth the Ilnn by,or datands a�inet entorcement
<br /> --- ot tha Nen t�,le�l proceedinpa whlch N tho Lender'e aptnfoo operote to prevent tha entorcement ot the Ilen; ot(o)seourea hnm tha hotder o1 the
<br /> - Iten an sgreement s�tlsf�ctory to Lenda subordin�tlnp tho iten to thfe 8ocudiy Inetrument. U lende�datem�lnea thit Rny t�ar109 th�Property I�
<br /> � aubJect to�Nen whtch msy�tt�in pdodty ava thla Secudry InaUumcnt,lender may plve Borrower A noUce identltylnp tAe�'rvn. 9oROwer ah�it
<br /> uttsly the{lan ee tske one or mora of the tcttoae eelloAh�bove wlthin t�days of the pNing ot noiloe.
<br /> � 6. H�ara9�r Prop�rty Insuranas. 8onewet ahaH kecp tha improvemante now exVeting or herowritK ernctnd an tha Proper'y inaurod
<br /> _ _ - �p�k�at loss by flre,hsttrde Included within!ha tarm'extended aoverape' and any othet h�ards,Inotudinp flaods or 11oaSinp,tor whlcl'Lender
<br /> �� tpquiroa Inaur�ncs. Thia inaurnnce ehoA ba msintatesd in the amounte Rnd for the petiode that Lander requlres. 1Ne ha:;l:xnce carder pravldinp
<br /> __ �� ths Msurance eha!be ahoaen by @a�rower aubJacl to l.Qnder'e approvel whloh ehail not bo unreaeomby wlthhetd. f1�cr,�ower yNa to mak�Utn
<br /> � coverape d�scrf0ed qbova,Lender mAy,at leseda'e apllan,obtain caveraga to p�ate�t Lendor's dphto In tha Propexty In aacordance with _
<br /> ��...._:� P�rapnph 7. �_
<br /> Ail inaurancs poHclea�nd renewa�a ehaN be acaeptabie to ths Lendar and ehwll Inciude a otandatd mort�pe ctauae. 4ender ahaN hove Sha
<br />— _= dght to hotd the poltciea and�enewah. If L�dar requkea,G'artowe►ahal!prumpty gMa to Lander eA reca�le ot p�td p�cnr,�iums and renewal
<br /> ,� oottces. In the ereot ot loaa,Bortowe�sh�A pNe prompt oo:ico to the Insuru�ce cartter and 4�der. Lender tnsy mak4.l.�'=a1��'s4��not rtwde
<br />-°-°W--� prompty by Banowar.
<br /> - ■ Unleas lender and 8orrower otherwlse aaree In wdtfng,Inaurence proceeds ehaN be applled to reatoraUon ar repalr oi the PropeRy cAtmaged.M
<br /> - - � Dtio rastoaW►n or npalr ta aconamlcaly taasib�e and Lender'a seaudry is not lesaened. It tfie restoration or ropatr 19�ot economlaaly teaetbla
<br /> __-=�,j cv Lender's aecudry woutd be tessaned,the tnsu�anca proc�eh411 be sppliod�or doen not answer wlthU t�y,�'not ce trom a�da ha1 t6e
<br /> ___ � then due,wKh any excesa pald to Bonower. 118orrowmr a6andona the Property,
<br /> =-�-�"�� Inauranco cerrtar 1►sa oftt�to aoKtt+e cWm,then lender may eoAeat the Inau�nca praceeda. lender may uae the procaada to repah or rostote _
<br /> .�=.-.:.u,z:�• the Propariy or to pay sums secured by Iht�5ecurfty inatrument,whefnnr ar��t tt+�'i dua� 'fl�:.90-dss ps���h'-'e�w�et�ttu n°Stee la�ttten' -�T
<br />:Y�'°4�'' Unleae lender�nd Bom►we►otherwise aaree M wdUng,any xppllcaUe�ot proceeda to pdncipal ehaU oot oxtand or postpone the due date
<br /> �.,_
<br /> �!;=-,`� 01 the monthy paymante reterto9 to In pauagreph t and 2 or change tho amount o1 the psymenta. fl under paragr�ph 21 the Property la
<br /> '-- acquked by Lenda, Borrower'o dpht to iury Inauanca poticles and proceeda resulttn0 nom dart�ge to tho PropeAy pdor to tho acqulsiUan
<br /> -'"' � ahaN paae to l.ender to the oxtent a1 the aum9 securad by thia Secudty tnsVument ImmedlatMy pdot to tha acqulalUon.
<br />°-� 8. peeupsncy, P�es�rv�ltoe, Malnt�n�nap and Prot�etlon ot!h�Prop�rty; 9o�row�r'p l.oan Applla�tlon; —_
<br />+wY.T � 'n _ —
<br />,�=t,-�,'�,��p " L�aas�holdo. Qanowet shail occupy, establl�h,and uae the Properry oa BoROwer's pdnclpal rosidence within eAcly days afler lhe executlon ot
<br /> �,;.�";., ; : �, tMs 8ecu�(ty 1nsWment and ahall canUnuo to occupy Ihe Proparty ea 8ortower'o pdneipal rosidenco tor et least one year aRer tho dato ot _
<br /> ��;�.�` occupancy,untess Lender otherwlse egroos in wdUng,whlcb conaenl ahall nat bo unreaeonabry wUhhetd,or unteso oxtenuatinp nlrcumstaneoa exlsl
<br /> �� � which aro bayond 8orrower'a control. Borta�vor ehall oot d�sstroy,damapo or Impair tQe Propedy,ellow tha PropcAy to deleriorat0,or commll
<br /> - '�'h":"�'V�� waato on the Prope�ty. Botrowet ehall be in detauli It any totieituro ctcUon or proceeding,whathur civll or cnmtnel,l�bepun Ihat in LenJer's good
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<br /> :�1�"� pa4o 2 nt 9 Form 5028 BIBO
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