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<br /> y+"'�ro.�::i' �- ,� •f f _ . �i, � � � 'EF X� e� ! c..: - r `.�_ -a� t' -x .:p,� �-� c'
<br /> .-f �i r -c. � _ -�y:.g�-a.�ti -� �-&� �i:: Z�,a� - - _ - �`�� tm-- ��`''-_
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<br /> }F� � �` �� RE-Et�COROED
<br /> . # ED �� ¢� ;1 '
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<br /> < � �. �� �� ��� ►�� ��°° �O _ .
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<br /> "�f °_<_` :.;�: BORROW�t C�VFNANfS tha2 Boirower is lawfullY sei�ad of tfle�ha�y oonveyed aad has the nght to�ant �
<br /> ` ``{'�?" ' � sad ooavey t�e�Prapaty and t6gt ttte Ptopaty is�usn�m8�ed,except for enaimbcanas of reoord. B�:mwer warrants and � ,:
<br /> 1 �` - will defend e�aBy the tide w 9he Bmperty aSams�ail clai�ms aad dem�ds,snbject ta aAY�mb�u�oF reoozd. ` � ��
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<br /> ',t.�FY 4,•� (��RM� ��8II���� �BtCf S�p8}I W�l dI1C�C�C��f.8IId lALC�C4[On. x '�. r
<br /> --�ti'' � the de6t ev��ced bY the Note and laoe cLas�s dae tmdst tbe Noua. ���t r�t c c-.
<br /> t B01f�Dq/27'S}l8g 1IICt1IQ£jQ C8C11�tu»ut�++�i QS� � as-;#s.
<br /> , .._ �- � w t A1 Tssxva;Tnsmano�en��DY6gr C68t�s. '°
<br /> 't �'�-� Diate aad an IaE�cherges. a wm ior ta) �ss'� �� ,,,-_�-'
<br /> -i"'" �g,�� ci�al mW iat�est as s�t fart6 in tl� y or �d �tts on the FcopertY, . ,
<br /> , r, „ '�` �levied as Lo�e Ievied against the , (b) �Q�FaY�� �'D � .;
<br /> .4. "� for iastuanoe equim�d aader 4. In aay year in which the I�ndea must pay a mottgage m�uan� , ��,:
<br /> ��: ��<`:-� ���� of`Hon�ag�and utban nevetogmeut�^seaet�y"?. �►3►Y�in Wru�6 sacb 4 :
<br /> or im P�
<br /> 4 �; f � , �!D ihC Se�e,tary Cectl 1�noAW1Y Paymem shafl eLso lastude eit�r(�8 swn fOT .: <
<br /> k ; . � e b�=eq�ed ef L�dea stiU iteld tke � iastead of a mo� x- „s�
<br /> � e� �� to��6y Iruder to the 5eae�ary.or f�a��Y�
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<br /> x`�1 , �` �� �oe p�rem�a�►if tl�s 5�it�In�me��.s freetd by�e io�'�°�Bs��an�w It�and�snms��� ,
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<br /> � `` S�y. gx�qsifar the mondily c��Y S�Y . ``
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<br /> F;{ �,i: 8t�C811�"�SSiaW Fltfld3.° 8nLO11IIt ri0t t0 Cl[C•0Cd thC�
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<br /> ,,:, Irdtdet maJ►.at aay thue.ooIIeataud hold aamtmss far Escrow Ifems iu ea ag�te �
<br /> ,� .�°. amomit tbat may 6e�+eqn�ed for Bamawcat's escrow acoatmt anda the Real Estate S�ttem�t Ptoceduces Act of 1974,12 f ,' _.
<br /> U.S.C.� 2601 et sen. and imgle,u�eadng teguTadoa9. 1A CFR Ysrt 3500. as they maY be am�tded fram time tn time
<br /> � ' } ` (°gg.SpA'7.��ti�at the Wsdton or ns�ve pe:mitted bY RESpA far�d��eu�eats or disbursemeata before �.�< < :.
<br /> �Y ' � �° • the Bomnwd s payatents are avaa7abte in the aaoatat may nat b�e bazed on amnaats dne for t6e insuranoe premi�. .
<br /> - � �' If d�emovqts iteld by�eader far Faarow Items exceod the amotmtg pe�oo be hcid�PA,lrend�st�aU deal � L :. ,
<br /> witL the eTCCess fimds as zeqi�d bq.RESPA ff the amoonts of fan�s hetd by Lender at any dme ate not suf&cieat ou pay the ` ,
<br /> �=F� ,�-� ,�`.:::% i�scrow Items wAen due.l.endet maY notify the Boauw�and reqai�Borrower to make�the shocta�e�r defioie�cy as ,.
<br /> . �..;� ...;�i-
<br /> t�Y � , : pe�atIt���d,�b RESP�a�J� es addinoaai eec�rity'for an s�s secared�by►tbis S�rnstintt�tt If Bornow� _ :
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<br /> ,;,.,.ss,.,�.;t�,; . �IIS�9 LO�?d t�� Of 8A SIICh SRiT19s BQfYOWCl�B BO�Ot 6�18u uC C�itCd Wlib 4�1C 6818IICC t�1�$f0!8fl °r �,: ',
<br /> `. . . �UCAt�CO�S�a�+�1�+8II��������t it18t�Rdldtt�184IIflt t1Gi0111C Obll$�W :
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<br /> � ' ��Y� � �t0 ttl6►S�C�f+ YC�lIIId q(CCS9 fIII1QS t0 B07[+OWC[ �I�y�S�tOSQIi'.3$I6 •f:'�:�`,.y
<br /> an�lf.e�da sI1a11 ptomptIy ffiY for a11, Y �. .
<br /> ,.� .� uq the prop�ty ar its doa by I�ende�.�ormweds a�count sl�aU.be cre�ited enY ' i�u..;.
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<br /> {: �isfoz iudCtS(a} ),elt�(C).. �,��•�;.,
<br /> , •r,:F, ^,:..,,;�,.:;. � �p��� pp��mder pamgta➢bs 1 sud 2 sl�ali be appl�ed by Irade,r as foltouu�
<br /> L3
<br /> ` � ;�� �,�.. �5,�w the �ae P��1D�P�d bg i�r L�the Ser�tarY or to the mamthtj►c�atge bY . ��-.�.? -:
<br /> ,,r. ,"_- �;r j,;;:�,� the Seaetary of tha mumhiY mart�ge�1msar�F�p�' ��und reats.and Fne.ftood and otIlea ' ,�`;:....
<br /> s � to la�[e,s,special a�c�en�. DaY�� • . �..,. �.
<br /> � �
<br /> �� r }, :�� �'�������IIRl�CCib� . ��'�,
<br /> .' ✓:, rt�tioa Of the " of dte Nat� �""�f
<br /> f� J j i°'� � • . ' �QURTA�t08IJ10 .
<br /> , i ,: , �'c to tate charges fitE undetihe rfote. . e�' "-°
<br /> '- . � 4.�e,Fioo�au�Other Ha��In�m�ao� Bomnwer shaIl insu:e aII improveuaenta on.Q�e Pmpert�t,whet6�now ;i�',.
<br /> � ; in existeace or sa6segaeady a+ected.aga�t aay dazazdA.casaalti�,and oondngencies.inexadin$&�.fvr w3�cb Lr�Wes ,
<br /> requires ias¢�oa�.7�3s insuranee sball be maintained in the awauats and for th�pc�iods that.l.eader�-Aosrowe�t . �.
<br /> 'S r � r.i
<br /> '. • , �;, s b a U atso�atl u'nprovaae�ta on the P r c p e�t y+.whetl�r naw in existeace or snbseqaentiy e�ected.88a�ust ia�bY floads X � "
<br /> b the Su�►. Ali m4ntance shaU be c�ried�wIth oompaaies appmv e d by L e a�dea. 1 h e� ��-, .
<br /> ; . ; ,'-' �s h��an�r e n e w�s s t�a l i be hetd b y Lender and shaU�aclude Wss payabTc cisuses in favar o�aad ia a forr�s acceptable . _--
<br /> , , ' W.'Lend�t. _..
<br /> � - � �=' ' . � �In the event oF toss.�Boamwer shaU give Lender immeAi�e nodce bg ma�: Ixnder may make�m�f oY 2osa if aot made A_
<br /> ediffi t for s�sh toss
<br /> � `� ' 'f �'• 6y�o�trower Eacb�oe oompaaY oonaemed Is be�eby aat6arize�aad�W ma�e Qsynaen =
<br /> `'� ,° ;r ``- d'�y to I.ender.instead of to$mcawer aad tu ir�dea�ointty A�or aag part of the ins�anae ytocceds imary►be aDDI�bY . � _–
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<br /> i�de&at ita opaoa,either�a)to the r�acdon af the iadebeednes,s uader the Note apd ttds Sec�ity Iasommcat�fust w a�►y -
<br /> � _- � -�:�� - defiaquentaawunts s�yylied m the o�derm 3.aad�to gt�y�tef prlstc�pst,os(D?tq thetestotatic►n o�rer��,► �..
<br /> � °:.��,i `�''� � . af @te damaged ycapcaty. Anya�li�a&or���prooeEds to the princ�pat shaII aoc exoend ar pos�one���e� —_
<br /> � :, �: � ynonthlq�paym�ents which are�efe�red to ia 8arageapD 2,or ahanSe Qte amount oY sach paymsats. y �.
<br /> pioceeds over an a�nomit�to paq alt autsrsndi�g indeb�s�We Note amd tbis Soca�itq�instrameat sh�l!�b�.
<br /> � . � � ��
<br /> ��;* � paid to theentltyleg�en' ed tHereto. that exdn the = --
<br /> :�.; � Io the�avent of rm,rdosme of t�1s Security Ina�t or oSt�tcansfer af titte to t�e Pmpert3+ goishes _
<br /> ' indebtedness„aUdgBt.titte aad inRerest of Brnmwer in aad AR�ce policies In force sbaff pa�w they�as� , �r�'�=
<br /> L - � ,° ' . �r,e�rvasdan�,Mata�anc�e and of the pr+op�ty, Boseflw'et"s I.� A��lic�ttuu, ,�:
<br /> - i - . ' S. Oocapaac9, as Bonow�els at residence wlthip sixty days aRer • : .:
<br /> i �. s �.�.� • �oZds. Bocrower slmll occuPY.esmblisb.aad use the Pt+oF�Y 1�Q°g �
<br /> ` • the execatioa of Qiis Soauiry Tnstrament aad ahal!coatmoe w�py the Aropaty as Baamwe�s pt�nelpal tesidenoe for at , y c. �
<br /> �:;�:�. t b i s r e q u b�c e a t w i i t e a n s e t m d u a b a a d s h�p for
<br /> n... Ieast a�.yemr ai�dne date of oocupaucy.a N e s s t h e Socr�►ed e t r d t n i n e s , '
<br /> `�. Boavwer.at unless exteanadug cl�umsmaces extst w�ich a�beqond Hmrnwe�s controL'Bmmwa sba11'noHfy I.endeta of �., .
<br /> �:;'�; '' aA„a�o�/xteu ctr�ya�m�s/t,�an,�ce�s.►Hpo�mu��wer�LshaU aot ceo�m�n♦�ie�wpa�ste or d e s u♦■poy��,pd�a m a S e os sn b s t�ay nnd a II y c l�a a g e t h e p m p e i t y ;Q ,'�,:
<br /> ,,tlYf�• .WIV��� W•YGIFl1V�Yw'f�LlU77ii{7��QY� \Y�YA� r��'^'���Ylf������* . '�-f"
<br /> 6 SIIC�V8C8llt Of
<br /> r : ..�� � �t�r aeandoned or d�e loan Is m�effa�I�. L����Y�a reasonabTe aqioa w� p�
<br /> de
<br /> ` abandoaad R�nPeetY. Ho:sa�wcr s�a�t also be in defantt if Bormwra.during the loazi aap on proeess.8a e�ate�iaUy Fa1se ,
<br /> { � � �:::,'�- . or�aecur�in���or s�m L�i�failed tnpm vide�Lendea anth aoy material lafam�adon}tn comtec�i�
<br /> ' .`.,,-`�' wim the taan evldeac�dby 9�e Nota,inc2udia$,bat nat Nmioed to,��tadans ooacwig Bmrowe�s oocupancy af the ;
<br /> . � p�p�rty ay a principal res�dence. U thjs Serauity lastramene is on a Ie,�ehold.8otmwer stu�U comply witb the provlstans af :....,�,�
<br /> �:;� .the�ease. It Bonawer ac,quites fee dUe to tlie Pmperty,the Ieaseho2B aud fee dtle shaII not be merged uNess Leader agrees to ; �'.
<br /> ` ?' ' �m��O�' Bormwer ahall pay ailgovernmental f :
<br /> G. �to Boaowee and PratecttoA oi Lender's Righfs In the Pcopeety, these obli ons on
<br /> �. ��: - ' ar municlpal�ges.fines ana impositions.that are not iacluded in paragrapb 2. Boaower shaU Dal+ 8� :.
<br /> - � ��-:;;: ��i.Y .t�'t���ty whicb is owed tha payment U faiiure co pay woutd adve�sely affe�t Leade�a intea�sc�a the
<br /> � Pcop�rty.nPon Len a reqnest Boirower s]�U DmmptiY ti�mis6 to Lender teceipts evldencing iDese ta � ,
<br /> ;��.;.` � �s�p, Y
<br /> -�t �- IY Boaower fails to make these paymeats os the payment�required by Patagcaph Z, or f to erform an othet :.
<br /> .�: ., ��',,.+.:.,�:• .��� • a►veoaats and�enta watained in tbis Securlry In.go�ument or theae is a legel Di'QOeed�ng th�map s��8p affect ; ,'..:
<br /> �'.,.;,.:-.;-;;.'.°; �.��:�; . E,eadef s righis�n the Aropctg+ tsach as a pme�ing In hanktuptcy.for condemfladon or to eaforce laws or regnIations� � � .:�� _.
<br /> l, !_ . :�.e.i.�.:•.��:
<br /> thea Lender m a y do andpay w�mt�ever is ne�ssm7r w pmte�t6e vatne of the Pmperty and Lendet's r�gi�in the Ptapexty, + ... ,:�
<br /> „�:. �; `''<<`'��� U s z a n d insurance and other itemc men d o a e 8 in P e r e 2.
<br /> �, inctudiag Payment of taxes, shall ba�ome an�onal debt of Boirower and be s�cured by a .`,
<br /> . - My�manats disbursed try Lendet uader thi9 Puragaph as
<br /> ,. �:,:.:. ', , . � this Sec�mry Iusnutnent 'Ihese amounts shatt tseac intemst fmm the date of disb�usemeat,at the Note iate.and at the opflon y �:
<br /> - - of Lr�der.shall be immed�ately dae and payab2e. -
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<br /> ''..�:.,'� � IPage 2 of 4 pagesJ
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