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<br /> . �' ` . BORROWER COYIIVANlS tdat Bom�wer is lawfu3Iy seized of dte estate heceby eonveyed aad has the right w$eant .,'c:;=,rT_: T f
<br /> �s` �5 �� �`,. and convey`the Pcaperty�d t�at the Firopesty is un�cumbeied.exa�t for e�naimbsances of cemrd. Boizoa�er wanants and �N f
<br /> k :`f�"'� °;�."�`� w�l defe�td geoe�lly the titie to the PraPert�+agannst ail daims aad demands.sabj�ct to any ea�of mcord. `� :�a . `�� ;.
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<br /> `` � . UNIPORM COYENANIS. . r� ��` `
<br /> �� t vt 4; { l. Payment oi Ftln�Inierest end Late�harg� Bomnwet shall gay w6en dµe the prinapai of,and'mterest on, ' "` '` �
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<br /> - � ' 4hc debt evid�ced hy the Note and late chargea dae uuder the Nm� • ;
<br /> .� .� � � '• Z. MOII���4t�llt�8HC4��s 8II1��lEt�18)'�E9. BOIlOWCI S�IIICbidC ID C8C�1 Q10Gt�j+p3�t. F.;t �� `
<br /> ' �' �F� 'e �geth�with the priacipai aad interest as set foitfi in the Note and any tate c3�arges, a sum fur (a) t�►xes and sgecial �-�--�.-, ��
<br /> �.�;- a�ssmeata tevied or w be tevied against the �, (b) leacdtoW payments ar ground reats un the Pcopeaty, and .=;s. � ?r Yv=� �-
<br /> �. �;,�:-: (c)Piemima�far insmance zequired nader Paragr� 4.. 1n mry yesr in wtich the Lxader mnst Y a murtgaSe insaraace =,, c,.
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<br /> "'��,�r` g�u�m the Seaetary of Iiausmg and Usb�Devetopmeut(" e�y")>ar in any year in wLich sach p�nium woutd '•` ��
<br /> .�-_•�...,_ vha e 6eea reqused if Lender st�16e1d die Security InsErumen�eacb� mo tl�a Iy payuzent s6aI1 aLso iaclade e i�r:(i)a sam for � .;. � `4,-'
<br /> = � � � the annoal mortgage msuraace p�emiwn w be paid by Leud�m the Seiretary,or{u7 a monthly charge ms�ad of a mnrtgage 4 � , �
<br /> �� -���' �� �ce premiuu►�f dris Sec�uiry 1nst�ment is 6etd by the Sec�ary.in a ceasonab3e amatmt m be d�mined by ttte I 1 f r Y;t z
<br /> ` � `�`` `' `w Se�etary Except for the monthly charge by ihe Secretary,d�ese io�ns m�e caIIed"E�scaow I�ms"and t6e suass paid ro Leuder _ .
<br /> �<, � « %:a
<br /> ' � < '` � a�e calted"Escrow Fuuds." ' `' '
<br /> � ! � � <' Leud�r may.at aay tmne.coliect aad hold�n�ts far Esc:ow Item��an ag,gregate amotmt not to exoeed dte� 01 ' .�> '''',i� `
<br /> - �� Y �� : amount that inay�e requuea for Hoaowds e.scaoa►aocouac a�r me Real Es�e seuteanem Pmcedu�s ast of Irr4 12 _,;� `� � s
<br /> .� US.C:� Z601 g�,s� andimpI�enting iegula�oas, 24 CFR P�t 3500,as they may be ameaded from dme w tune s:�- `� -
<br /> : ` �� ("RESPA°}.except tl�at the cas�ian or resenre permitied by RESPA£oT nuantiapated dsbms�aents or�befotr . �. F _
<br /> �%� � � �� ; the Smmwds paymwts a�ayailab2e in the axouat u�y not be based on amom�SS dae for the mwRgage�ance pmapiucn `i< `` `.
<br /> � . �` '�:�:� If tlte amatmts hetd by E.End�for Fscrow I�ms exceed the amouats p�to be held by RFSPA,Lender shaU deal � � , '�` ,
<br /> .� � �+,.. ��` with the er�ess fvnds as reqaued by RBSPA. If d�e smonnts of funds held lry teader at aay t�me are aoi sa�a�t�o pay ttre �`;; i,�-'� , ' , _
<br /> � :, ,, ���r�:" �w Itc�s wlcen dn�Leacter may aottfy the Borrower�d reqaire Borcower to make up the sha�tage or deficieaey as ; � w ,-
<br /> S L ,'' � 'p�bq Y tt E S PA � �: � _
<br /> r `' a, r f �: 1be B s a ow Funds ate.pledged as addidoAal sectttity far all s�ms securod by ttns Se�ariry Insuument If Borrower ;_ �"' x r _�
<br /> ` �- � ,-' �' '' t e n d e a s t a I.e n d�s t h e f a l l p a y m e a t o f a U s u c L s u m.a.Bormwe�s ac�uat s1�aII be ccedted with the balauce�g for all �� � �
<br /> �� f� ^,:Y. �.` �items(a),(�),and(c)and mry moitgage insanaaoe p�emium�staIImeut that Ir�nder has aot become abl��ed w , i r �'`.`-
<br /> �` '� paq to tl�e 3�ty,aad Leader shaU ymmptty s�f�anq ptcess foads to Bwtowet. �iaaely p�ar�to a fot�ecI4sure�e - ` '�-s- "'�
<br /> � h `:t „ �..`, '.� of @ie Avpaty or its ' tioa by Lead�, Borrowds as�conat shaU be credited whb aay balaaoe�g for aD °•..�` r ,�=
<br /> .- •�.:',t�'.=4: fnstall�nta fo�itemg(a) �aad(c�. _kT; ��' �-
<br /> L � _::-�`�. 3. A � �� A!t payments a n der P a r a g r a p h s i anQ?s h a U be applied b y I.endea as follows: ,::�'�- , .:
<br /> ,` .'', F;. to�e mottg,age instuance prem�m to be pa�d by Ixnder w 4he Seaetary or to the monthlY�Be�9 '� �
<br /> ' � ° :> ' the Se�xeta�yr iastead of the montWY mo�age insaranoe premiura; � 7� ,� ' ' -
<br /> � ��� � SSCbND•Un aaS►taxes,�ial assessmeats,Ieasehold paymenb or groaad rents, and fue,ttood and othea . .�<,,Y ,:�; F�
<br /> 4�, I�d insuranoe pn�mit�ms.�c�uhed; , ° ,�
<br /> : N��} D t o i n L r�e s t d a e t m d a r t h e No t� ' ,:`` � t
<br /> , r �. U�,w am1,onizatFjo.n�,�o..f,.t�h/,e� Of the NoiB: 'r< < �� '
<br /> Y �^ � �(�j���q�.C�4f�.T�{14V W1481�*,��, . ' - . T ., i
<br /> �F f4�''j ' ! )'l J:i � a+►�l i'W W i�-Q��L t�W i�H�� B��w��3 i W i i W W G i t S{��Y����Y W��r�t W Y G Y 3 W Q d� . - �r r,:� .
<br /> �,f .� ia e�ustenc�or sabseqaenti�r e�cted.ag any hazards„c�snaltfes,and con t�a gea d e s, i nc lu d i ag f a�fa�w h i c h L�e a�r � ..
<br /> " ' reqt�ea ins�ance. ZLis it�urance sball be�mainmined 9a the amaums and for the gedods that LeuQer teqai�es. Bortnv� -°`;�. . t ��
<br /> � ` , ; , � '
<br /> � shaU elso�n.�ue aIl�m vernents on the�rnpetty,whettter now Ia existeace or suhseqaentlY�.agaiast loss by ftooda .
<br /> '�, ,� "' . � w the extent requ�ei 6p tbe Secremry. All insuzaace shaA be carrled with oompanies approved by Lendes. 7he in�utaace '���— `
<br /> � � polictes and any renewals sha116e held by LeQder aad shatl iaclade loss payable clmises ia favor o�aad in a form a�bte -�:r �- �'.
<br /> �" ° ' tO.�kA�CG . �,.-ra.t�a�rwrt-
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<br /> _, �r',,. � . .Ia @te eveat of Ioss.Borraw�shaD glve IRnder lmmediate notice by ma�. Leader may make_ pruof of toss if aot made �� �-'���-.�-
<br /> " f by Bmmwea. F,ac�insurance cnmpany concemed�S heceby autttorfzed aad di�ecc�to mxke payment for sdcL Zoss �����_
<br /> ; „ :��� °r d�u►l�hder.tnstead of to Bosmwer aad w I.ender3oin8y. AlI or any part of the insmaaae psvicecds may be ap'pt�e,d by � ��,.:
<br /> , �' I�e�deti at ita opdon.either fa)to the�edactIun of the�ndebt�aess tmd�the Note emd tbis SeauIry InatruraenC�Rtst w� aay .;�,�
<br /> , ', ; deltnqaettt emoffnb applled in the order in�h 3.and tl�to�i+epayment of prins�pat,or(b)w the restotation or sepair � --
<br /> :: — s— _.
<br /> ��� . af flie damaged property. Aayapplic�on'of e pmooeda to the�prtaclpal shari nat extend.of postpone the due date of the �- -
<br /> `; �,, mon6i(y�ts.whicL are�f�ed w in ParegrapD 2,or ehange the amar�at of sacb yaymenta Any eacess�auee �, �.�.
<br /> ',? i :.:;:': ', praoeecLs over an�uount�uired w pay aD outsmnding Inde6teQness tmdex t�e Note aud this Seaviry�Iasautaent sl�asil be . ;�=;��.�,T
<br /> '+ y -�� paiAta the eadty tega}Iy en thereto. '�
<br /> � :� In Q►e eveat of foreclosure of tbis Sec�uIty Instrnment or ottter narisfet of titte w the Piapetty t6at exdaguishes tt�e ,: �_��`'"-�
<br /> °` f iadebtednes9.att�ISLt,titte end iateoestof Ho�mwer�n and to insurancepolicles in force aball�ass wQ�e�purcha�er. �
<br /> ��� . 1 .`L . .
<br /> ' *�,,��.4r ��,. �f �,,y�,�S�C[V8�0��M,,By��}�,�COAIICB 8II6�_�I�OD nOf���p11q0�;'B(l�,{i,W,�P1�9 L•�0,=8`D,y��,,ApD,,�j �7�,g.� ._ -
<br /> ..t .� rl ° i�D�LRiYi3� B�Q/�aLGY��r Gli3U�4��ei Wo��DVJ1 V�id S�Q��Y�L��W W ONty{�S W lGf� - ��. �(.r:��..-.�
<br /> � � -� ,.. • the exe�st�on aY th3s Sec+uity L�shtmneat sad shaD oondano w oocupy$�Froperty as Bo�mwe�s�at�for at -, : `
<br /> 's .�,, least orte year at�er the date of oa�pancy,anles4 the Sec�emry deterauues tbia r�aireme4t anll cause uadno foT �''r � �a 1 '
<br /> =-" ..� � Bosrow�,or.uat�ss extenuating ci�mstances ex�sc whidi are beyaad Bomaad s control. Bmr�wa shaU nodfy�of �:��:, f �-
<br /> �,, ' ,,{ ' " any exteuuadng c�Omstanoes. Borrowec s a a l i not rummit waste or destrny,d�a g e or su bstan ti a U y c b a ape t L e P bperty ar 'T
<br /> ,, �: , �� aitow the lfiapeaty to deteai�te.Rasonable we�mW tc�excepted. Lend�ffiey inspect$ta Prope,rt�►�f iDe Pmpe�ty is. � a .
<br /> _ ti ...,� vacaat or ebandoned ar the loaa is in defanit la,nder may mke reasonable acdon w�ro�n and pr�serve such vac�t�r �: ; :r ,, ;,
<br /> ' . s ..j abandoaeA Prope�ty. Bomnaver s6aU atso 6e I»defaWt�f Harrower,Quring the toan aDA� P��� �+
<br /> • . S ' ar iaaec�aate informadon or statemcnts Lo Lender(or failed toprovide Lender with aay a�ial infom�adon)in oonn�tion `'; ` ' ,
<br /> , � � wltb the lom►evtdenced by the Not�.iacludit�but not llmited m,repr�ese�t�nions ooncerniag Bomfwe�s octugaacy of the � ., ,°�'.
<br /> � , � i'mpaty es e prindpal residence. If this Setxuriy Instrament is on a�easehold.Boimwer sfialiasmply wltb the provisIons of �;,;:� .,.,`'.;., �;
<br /> • � � ".� the lease. If Bmraw�r acguires foe dtte to the PmQerty�the teasehoId and fee titte shall not 6e merged�ess Lender agrees to .
<br /> the metge�r In writiAg. ' _
<br /> , _ 6r Cdae�es to Bofrawer and Protec�on ot Leaddag�in theg� Baa�wa s6a11 pay aU govemmental ''
<br /> ± ` or man�apal charges,8ne.a and imposiflons that aro aot inctaded in Faragaph�. Bolrower ahall pay these obligaduns on �
<br /> . �- ,�.
<br /> i time dit�ly w the atdty a►lilch i�owed the payment If fallure to Day wou2d adveisely affect i,ender's inte�est In the ..:,:• •r
<br /> ,'. Prooelhr,�pon I.eudet's reque�t Hotrower shaU promptly futaLab w LeaQer receipts evidencing these p.ay ts. _
<br /> . .' ,-. .� - If Borroaer la3ls w matce these payments or the payments�qu�red bY ParagraPh 2,or faUs w�perform any other ` .
<br /> :�; � � oovenants andag�emeats cunmined in W�s Secuiit�r losm�ment�or there is a 1e8a1 Praceedlag tbat may signifscandy a�ect . � :
<br /> .=;,'�;,�' I�nAa's rlglus Ia tho Prope�sy(sucb�s a prooeed�ag i»baaiwptcy,far condemnation or w enforce taws or regula�oas), � , '
<br /> - "- titen l.eader may do and p wLarever is necessatq to�t o n e c t the vatue ot thep�uperty and l.eadet's rights�►the Ptogeriy. .- � �T��_� , ,1..
<br /> ay 8Ct
<br /> : ,.:`, iaci�ding payment of ta�ces,6amrd L�s�uance and m�her items mendoaed�n Parag�pb 2. . �.: �
<br /> � ' ;.;.:_� My amo�mts disbursed by Lender under this Paragaph shaU become an addiuonai debt of Bormwer and be secvred tsy ' �� , '.�,•.�
<br /> this S�}r lnstrnment 'Ihese amounts shall bear interest from the date of diaburaemen�at the Note rat�aad at tAe option � .
<br /> = . ' `'�` of l.ender,shatl be immediately due and payable. "�` ` �
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