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<br /> .'.<,�. c C. ST��8.4 mC�QO�'dIIt f:.qy t
<br />`-:::��r<" i...,:,: BORR!QWER COVENAMS tbat Sa:mwer is lawfu�Iy seiaed of t�e es�e R�bY c�at►veyed <�-�. ;
<br /> : i.. : }`.:��•. is vaeuat�.�t far�nbsa�tces�teaoid. Battawer wartaats aud �.:``
<br />- :;-<, ;-�u;� `. entt oQavey the Ptupe�ty aad�et th�e Fe�aP�tY alt daiui4 and demaads.subje�to any eac�mbraao�s of eseoord. E � <,�
<br />' :4 u�:s. .r....°�.,� w�l def�d$eaeraIi)t 111e$11e totdC Ptoperty 8$a�st � ,
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<br /> - ��-���~�`�-�. ' dMPORM aQYENAN7'S. �au�Lsie� Barmwu shail when dnE the�cipal o�aa�lat�st on,. '�?�:
<br /> �:., .;.. �., �•,<:-� of �y �
<br /> ,.+`'.^:�..�.:--� t�e d�t � ths�Na�mid late c4arges dns under the Not+a. '�s:`,'
<br /> —`�'' `� - Z �b�t sst�'ss�I��et�f Otloer�ga► Hoanwer shafl inctude ia eacb tuoathly�aymeAR _` Z ,
<br /> S °�� • tsgedter w;tth the priaciPai�d Int�.st s4 sei fortY�`�a the No� and atfy late�ges.a snm for(a)t� sge�ia! ,.
<br /> u < . `�,r S' as:sessmeuta tevied or to 6e IevIed against the �b) teasdtoid Payme�� m�a�teats on the Ptagea'ty.end "
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<br /> . �}� � 7r3 wn�.n�rnn!�Ar �1 11I9i1l�P�I111f�!j�13�$8O��@IIy YPSl� W�uCu�E�sYUCa�RSy 8..«�•�p-�p�uuu�aaaw q �'=_.
<br /> � - Y ' ' � w the Seaetary of Haasisg aad tkban�vEtopm�t("S ���Y Y�m wmm s►ua pnu,�;�� ° 4 .;
<br /> �Y °- a". , t� t shaD aLso inc&de eit�er.(�a sum for �
<br /> �tequirEd if�.eader S�ii iseld the��ty�Crumen�.ea� gaY�
<br />•,. _.:...-f. �.�'�; t E e a a n u a l i�u a n�e�to i�e Paid t�►Leades ta the Sraxe�y.os(u?a�o�iY d�rge'msteaQ of a ge ,_:4.:..
<br /> r -°�' ` ; I�.sR�BRCE�R��this S�!-�t�s h?dd 9ry @iC SeCt�y.Ia a t�sanab2e�t w be deo�mia e d�d�c . •;
<br /> --'",°.;`'P:'�;� � $�y. F�itxptt fta the m�[�IY�C�Y.`�S�Y•t�?a21tCmS��"E'il�Q!►Iftln3°eIld dlE 8ui�1.4 Qatd ta 1�dei `�,:.',._
<br /> ' ` '` ,,;.< ace ealle�-"Fscaow Fands.' . ,
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<br /> Ixnder ma�l.at miy drn�coltect aad ttoId amounts for Esaaw Ite�s m ea ag�aze amotmt not toesr�eed d�e ma�mum �,°:
<br /> , � _ amauat tbat maY be s�oquited for Ha�vei's esaow acxount�utder the Real E�a�e S�emeat Prooednces Act of 1974. 12 � .:
<br /> � :. f �- ns, ?A CFR P�t 3500,as tueY maI►be ame,ndea fr�time to ti� ,
<br /> � �; US.C.# 264i �gg, m� ��O RESPA for�pao�d'is6urse�eA'ts or�ts befoie `
<br /> �:��':, . `- ("ItESPA�.excePi that t h e on or�erve g a m i t�d 6 Y ,.
<br /> -.- - .:�:,+: tl��orrowefapaymsats ace avaitable ia the aecount may aai be based an ama�ts dae farthe mo�tgage Insur�ee�ium.
<br /> �, " _ . &f tt�e a�ts Be2d by Lendea fur Fsssaw 3tem�exoEed the amonnta pemritted to be held by RF,SP�1.i�nd��1 deal ,��
<br /> ,:.,.,::�,`;., -.;`:: u�a t�e exce�s�ds as reqa�red bY RP.SPA If the amasmts of fimds hetd by Lender st auy thae are not su�icient caa pay Uie "
<br /> ,.A :� a ." �E�wea and raquhe�to make ap the shaitage ar de�acy� �_":
<br /> . E�aw IDems wi�.due,Latda ma�► ari�'._, . �,._
<br /> � , ��- �6Y SF.�'c� . � . . .,_ . . - � �
<br /> � �t� ` ` �' TBe:Ascrov�Fonds are ga2ec�ed����9 far aU smas�d b3►tb3s�ec�iry t�s�menL I�Honower
<br /> �.:��.�tr��-.��`';.;-�' :�:; . �s eo Leader the faD paya�of alI sac�!s�ms.Bonowrt's avoouut stiaII be ee�widt the bajaac�c�ainiag fos aA `_`�
<br /> 'r�. �; �s�t it�os(a),(b).aad(c)aad eaY L�s�e P�wn a�smti�at that U.eader ha4 not became obl�gat�w v�y
<br /> : :� �- � pay to the,Socce�Y,aad Leudet shaD pta�npti1►����aad any excaas fuads to Borraw� 1mrn�pe�lt P�ar to a fareclos�ne salo �,,
<br /> - �:a,-��:�... . o f d 1 e P r o ar i� -b p L e a d a r, H o s�o a�+e d a �c o u n t a l�a II 6 c c i e d i t e d with aa y 6alaac�.��.for �11 , �� .,-
<br /> �� ` L�t..' . IIfS�CA��a� �.aAd{C). ' '� -':
<br /> .�-- �. 3. A�D�no� eW� ai��tsoaderPazag�As 1 aada s$suaeapp�Cedby�asfbTto¢+s: .
<br /> � C " � �� �: . �,��to the insaraace p�uu w be patd by leudea 0�the Sec�1►os to the mai►H�tY c�rge bY -
<br /> � ' ''{ ,' dt�Seaeterq��We taon4�tY awrtg,e8e insuraace
<br /> _,.�,� ` .` . • S�+ ��uy t�.spes3al assessments.teaseho! p�aya�ts or$ra�md renta.and ftre, itond aad athes . -
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<br /> . ,� �i L2.to i�tter�est du�the ote:
<br /> 1 ,,?` w.: ` FOVKrH•m em�a�on of.tba prtu�pa1 af�he Note; ' � �
<br /> ,�,.a� , �. '� � :, �to ta��doeaud�rthe NOte. � - _
<br /> ,.::�. : � �Ftoosl and Other Haza�e�d iaaue�o� Hm:oaer sfia11 tas�uo aU impmvetnents ori the Properp+.vuhe�tter uow
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<br /> - id exister�oa or.sn fly etecOed. aay har.�cds. �asnatdes.end c�atingencte.v.#nctudia��re.for afiich Le�da --
<br /> : ,-�' ieqdires instuaACa.�insa�ance be aaintained In We amouata aad for the petfoda that t.euder�s. Hanower '-
<br /> �. F . • sLaS�elsa iastue aA emeata on ttie F%perty,whethe�now in existwce ar subseqa�tty erer�,a�toss by flaads r � -
<br /> r �:: ;. ts 8te exo�tt t�oheA 9�e 8etae�ary. Alt m.4mat�ve ahaII be�witb campanies appmved bl►I�tder. Tke iasa�aace �,
<br /> ,. .. . . p o H c f e s a n d a u y s�a e w s 1 i a D b e h e l d b y l�e n d e r m a d sha(f inslade la�s p a yable claoses it�favor of.and�a fomi aaxprabl� �s :
<br /> � I: ° � f to.Lwider. ' � _
<br /> I a d t e;e v e a t o Y 2 e s s.B o r r a w e s`s fi a D g i v e L a t d e r i m m e d i s t e n o t t c e t f y m a�7. I.e�d e a ma y magegmof af ktss if aot tnade y
<br /> , °'` , S�rower, Hacb i�ance compaay concemod 1s ties+eby arnhwized and�ta m a�a paymeiat Par snch Wss • �___
<br /> - .'.Tt�.1/. ��Y .
<br /> _ � �� i�stead of ao Harrawes aad w ireader joiatly. AD at�►yart af the�ua�aaca praoeeds may be appHed b3► _
<br /> ��; „t"� � t.ende�.at ita a�aou.9eit�a(a)W@ie reduaioaa of We indebteda�s uade�the i�iote aai�Seca�itg�L�t to
<br /> , _ _ _ de�nq�eitt ainaauts appl�od i��e order� b.3,e�then pn PrepaYmeaE of ptmdpal,or(b)to�restomdoa or� �.....
<br /> �.:, .:.°. . �" � ou the al sdaD nat�tend as gosipone�e duo�ate af dte . . . ti.,-
<br /> .. of C�e damageQ gropeaty. Ar�p appNc�adaa }raceeds I�ncTD �._-
<br /> ' :' raem�8 PaY�eat��cre ng�ed to i��b 2,ur cbange the amaant of acch yments. Aay.exaesa� . �;,-
<br /> . �
<br /> �' L Qsoc�eeda oves aa amannt nean�red to pay e61 at�s�og bnde6t�ness nader the Ncite an�dta Seceuity Utswment s6a11 bo .
<br /> . �Se
<br /> ; .. ; '. . � paidw meea��y entit�tmerew � � .
<br /> �,`...• Ia the event"of�oteclosuca of tbis S�rity Inso�uhtteat or uther transfet of dtle�ta tUe I'cap�ty�at�guisdes tho� . .
<br /> ;�: . �:�ebtedaess.atl rigi��d4a sad laterest of Homnwer lu asu�r,a lnsu:ance pollct�in fas�ehell pASS t�d�e purcbas�
<br /> ':� _ , . . g, tfoou�ncy, �'ursetvntton, 11�atatenanc�e ��eotection oY the Pkvyertyi Harruwe�s Losu A��tia�n; �
<br /> ',,�` � '.,: :':. .. � E:�old� �orrower�lmA eoqtpy.establisb.and use t�ifioPertY as Bmmweia grtnclpal z+esidatee�vlt6ia six�days af�
<br /> '� ` � the execador►of H�is Secnrit3r Ins�umeat aad s1�ai1 coathme w occupy 8iep�y e�ty as Basmweta princi�resId�noe 4os at :_
<br /> ' ....11_;�.:.:. .,;`�: Ieast one yeae�ftet ttte dste af flccupan�Y.an1�tt�5 i�thls ieqatrement wlll cuuse tmdue hardship fat
<br /> � • B o t r o w e t.o t u n l e s s ex t�n g ch�cumgtaucea e�st wh4ch�ond Horrowe�'s cantral. Hosrowea sha1l aotify Lendeas o! .�: `'
<br /> . ' ���;`"; aoy eaccenuadag�Ircarnstanoea 8omawer sliaall not c o m m it waste or d e s ti r oy,d a m a ge or au bs t a a t l a t t y��t b e�p a t y o r.
<br /> 1
<br /> .:_� , allow�1te•I�tooperty w deteetarate, rea�anable wear attd uar exdepteA. I.ender may l�pec�Qte Yro p e t t y�f t6o Pr+op�aty�s
<br /> �. . .. - vacant or abaadaned ar the Ioaa is io default. Leadet mey tage:easanabie ec�ion topm tece ana preserve sucb vacant or -
<br /> � '� .'�:-��i:�• �5 abaad�f piropaty. Borrower s4ia11 alsa be in defaWt if Bmmwer,Qmrhig the loaa epplicadoa ptaaes�,gave mater�aIIy f�1se � .
<br /> ':'';''•.,'°:::� . ; or inaear�ate inYotmqden o:statem�ts w Lenda(ar faIled toprovlda Lender with any material informatton)�a conn�dan '� �•=,
<br /> wlth the loan evidenoed by�the Nate,iacludlng,but nat 1lmited to,rep�+esen�tions coaoem�ng Boirowe�'a uccap�ncy af the
<br /> ����' ,r.:, •�. ` as a prfrtclpal res�enao. U tti19 Secasiry tastrumene.ia oa a teasehotd,Bomswec shal!cnmply adth the pswlsions of
<br /> �`..;;:.`:�-..:�.::�;: ;. : . the�se: U Bmmwer soqu�res fee dtte to tde Aoperty.the teasehold aad fee flt�e shatl not be merged untesa Lender agreea to
<br /> � ; , the mergea in aniting, . � �
<br /> t.,. . ' 6. Ct�[gas to Barmwer ead Ptatectt+�n ot Lender'e�b tu tite�. Bom�wer sha}1 pay a!Ig�vernmeptal
<br /> � or mnaidpal�es.t7nes amd Lnposlt�ons t8st ere aot incluQ in Paragaph Borrower shati ysy ttiese obllga�dons on
<br /> __,�:,s_.�:: : ��y to t�e entlry wlilcb la owed the payntent IY feUure to pay woWd adversely effect iand�'a interest in the ---_
<br /> :'. � ,. `�, i . uyon Lendet's teqaest Horrower shail promptly fnmisb to l,endee r�ceip�evldendag.these payments.
<br /> �Bmrower fails to maice these pa�ymenta or the payme�ts required bY�ffi�Ph 2.or faits to perFotm soy ather
<br /> .�, �:.�:�. m8 :
<br /> _ �.:' �. •; : caWenents anda�mea ts conmined 9n t t�s��l n s t u m e n�or thera is a Ie S�I p m c e e A i n g tf�at may sigaiflc�ntiS►atPect . �.
<br /> :�'_ ` Lendef 8*lghts t the f�mPerty(sucb as a g in baalwptcy.fat condemnaBon ar ta enforce Iaws os reguta�ons), ,`:
<br /> � d
<br /> tl�n Lendet iray do aad pay what�evet fs aeces�ry topmtect the vatue of thep�y and Lecdere rigbts in Qce A�opeaty. t �}
<br /> tacbdmg payn�ent of mxes.l�mrd ias�rance and other items mentloned in Faraga��2. .
<br /> �en
<br /> - ' p�y�����y 1,endet tmfler i�s P�h sball beaomo an addidonal debt of Borrower aad be secuned by
<br /> ', /.� .� d4ss Sec�nty tastrtnneni 7hese amounts shaU bear int�from the date ot dlsbursemen�at the Note rate.and at the opdOn
<br /> �,� ��. af laader.s�3 be immediaLely dne and�ayabte.
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