|
1
<br />85_0057402
<br />l.,vit%iatrCOVt'ti #yet Bnsrt�erawt3i .r�nder'cn.msrtaaulagrrracfi�l :
<br />1. l a%va sa of Peswcigal and ItaaaesC Papaw nestr mad Lair [lades, Hnrinwrr shall parotriptly nay when due
<br />afariwincatmo of and mwresr agar Theclel% evidenced by rlre %late and say prepuayment avid talc cttarge%dae under the %out
<br />2. Faoda fir Tsum and hwaues. Stulapers to alapticabse w er io a wean-. _ >.c.r by Lender, Ikwrowct shall fay
<br />to Leander can I%e day astmwthly paynwears me die under the bloat, nand The %me is pairy ;+ full. a sun t "Funds ") CR ai IA
<br />asn" el t;b of jai yearly Talcs and assays wbach may aitaaa PnM%v t»rr thus Serurny imirufflent_ (b) yearly
<br />ten wboid paynwot. or ground newts an The Prtyneny. if any: (c) ararly tuurcd ist%uaalaex pxeuuaaumnc; and fcl# yearly
<br />teatiitpp� iaxwtantx pnor inns, zany. Tbew items are called cscrasw• gears. lender may e%armate the Funds due on The
<br />i+a�sdTcnr tdata and neow inad+ieeannatsstyi'iuVOC,tvOmw
<br />The Funds shall tee held in an hasntunsin the dq+astts tr accounts cat which air insured at guaranteed by a federal or
<br />%viii apeoncy (uscludnatlt Lenderif Lander n such an rnstatutim). under '%hall apply the Funds sea gay the esmm stems.
<br />Lsaadtr aany well +edaaW far hakh" and applying she Faille% atnly9aTng the acxacwnt vesifyiAR 'he escrow attrnS. unless
<br />Leander pays 8arrowYet intern eta can the Funds and applicable law permits Lender eta make sUCh it zharPr- Berrtow+cr will
<br />Leader may Agree in 021 114 That mane% shall be paid am the Funds. unless an agreement a matte or applicable law
<br />requires into" to be paid. Leadiea shall ntai he required To pay &&rower anti Interest m rarntng%t%a the Fuauis. Lender
<br />AM give to Bnrmaker. wsibMA ch arptr. an annual aaaoantrag of me Funds showing cTed ;Is and dtlsnts Ili The Funds and the
<br />parpofe far winch each deira to the Funds was made The Funnels are pledged as addttuvnai sex unit' for the suers sauced by
<br />alas5ncnrity lastrtraari-
<br />11 -Ioe awnewni a%f the Funds !Held by Lendt7, at>geahex with the future menthty payrtrtarts 4 Funds payable pier 10
<br />the due dais- ant the escrow items, stall exceed the animists requarad in pay she rwrow vern% when clue. the excess - shall be
<br />at Borrtvggiea's calanam, either progni h repand to Borrower rr credited to HCKTOwer nun mo aabiy Payments od Funds if the
<br />atT unna Jibe F3mdi. held by Leander n not sufficaeni in pay the rscrcaw, team when due Borrower -.hall pay to Leader any
<br />awaoarN Recew%ary as make ail+ the dc6cemi, in me ear Tixort pay�aaa teats as required b% Leander
<br />tjpinn payment m fall aIf all suwns +wired by this Setaurny lrnstranarent. Lender -.hall promptly refund to Borrower
<br />way Fiends held by Leader if hider paragraldn 19 the Properov is sold or acquired by Leander. Lender shall aWy. so later
<br />than atmaediatealy prior to the sale ref the Property or its acgiusntxwt try Lender, any Funds held by Leader at The setae of
<br />agglo/+aaiaa anaceedn aSagno tit teams ceicutttd try thn Security Ingrtirnaar
<br />i AppFC1116M of Pfaryt eM2L USIM arc law ptcavxk%,mherwise, an p ayme nis received by Lend under
<br />partillgratilith I and 2 shall ire applied- SM to amounts payable Tinder paragraph 2; second. to iUterellt
<br />duWand lass, to principal due.
<br />i. Cloorp C Liege Borrower sraaaa pay all agars, assessments, charge--, rues and vtaposaTioas aatribunatde to site
<br />!wipe :y winch may attain priority over Ibis Secamy instrument, and kaschold payments or ground raim if army.
<br />lieirrimer tdwill pay there oblibatatnns rn the manner provided in paragraph 2. or if not paid sn that manner. Hoarower shall
<br />past' than on aline directly to the person Cawed paymtwt. Borrower shall paromi ily furnish to Lewder all iKmices of amounts
<br />W be pad under Tins piaxap(tsyph_ if &mower makes Tbrse payin ntis drarctly. H mower %belt Promptly furnastn to Lender
<br />retests evidnaceaR ihepgytsrms.
<br />&rttiower %isail l rtsanpitly dr chrarge any liras which has priority rryer this Security Irnctrumew unless Borrower- (a)
<br />tortes in wtiRang Ma the posweetal of The secured by, the lxrt in a manner acceptable in Lender. (b) contests in Rood
<br />fame sine Is= tey, cur Aefen& atpmtst ersftrtterstervt elf she Ien an, lgtal pxtocmdin(t% whrch ern the Lender's opt Km olorm It to
<br />ansvaa the enfcwcruur+T ref the Ism or ftwfcrtuse.of any low ref The Prailieray_ tar jr l secures Tram the holder of the loan an
<br />agaessonenT sa isfactrry to Lender sattwirdmaatang be isetn io alit%icrunry instrurrert elf Lender determines That any pan of
<br />the Propem as s Y to it It" -Abu may aatam l rumii twee taus Stxur;;y laastrumem. Lrndcr may gave Borrower a
<br />uatice adentrdymg the hen Bcxrnwer %trail satrsfy The Iaen .ter akr r.nr or morr tvf for im tins set Innis Axive wvhm Ill days
<br />oaf lint I!¢''+nF c� amaacte.
<br />S il{naartf larar>taoe it +newer shall iraer, the improvements now rximing at herrafatr erected on the Property
<br />aasmtxd ag sesa kris in hnc tazac%hs anciu dead within be term - extended covixagc" and any + *i hter 'hazards for which Lender
<br />requires insurance This ansurarux slid tie IrkmWained in thr amouna. atttl fir The "Mods that Lender regura The
<br />mss carrier pro vNiig the an%urame shall br scU-,%err by Hnrrtwrer ut4mi it+ Lendrr•s apapm wAl which shall not be
<br />auwraa>xiraataiy wvabbcyd
<br />.All sassworrigmir loolocom and Irgo wwahs shall use ac eptal! c w Lender and %-tail includr a standard mottgar clause
<br />Leander shad have the ngha to hold dbe ptilxae:s Arad renewals if Len ice reequ;rn. tkurttwrr siull paromr44 give to Lender
<br />aM re ov4sts ref p acid premiums and reaoewiii vogues in the evml of Lis, &ITT. -Weer shall p;i%e promps WAIL -- in the iasaarance
<br />carrot► maid L.erader Lender may maakt pxoeaf of loss tf rata made promptby h% Honowrr
<br />Unless Lender and &*;Owcr tathaeama— agree an warmr msuran -r proceeds .hall Tic applied in resttratatrn or repair
<br />af Ibs: Proapeyty damaypod. if The araciration tar irpisir as ectxKSnaacaily feavihar and Lcndrr's security is not lessened If the
<br />newTiratscm rr repair is ace ecosi nasally feasible or Leander'-. security wxnuid be le%%ersed. the ;assurance proceeds shall be
<br />applied so the wears secured by this %ecivaty lrruruanent, whnlief rx not %neon due. wrih any excxsx paid to Borrower if
<br />Domwater abandons the Prorvrly, Of does not answer trathan ;() days a notice from Larder that the tnauran r carrier heat
<br />offered To settle a ciamnr, ibexes Lewder may colkcr be j"%uraraex pro xrds Lender may use the proceeds to repair or remcwt
<br />doe !'rmpeny or to pay trams secured by lists 5eicuttiv InuraametnT. a isether or not then due T hr .Y) -da► period will began
<br />!When the ataame of f j"M
<br />i)nir+as lender and lkwTower i7 berlwtw agave m writing. any application Of prorr.6610 principal shah not revered or
<br />p akiptrae Tine at date of tune woonshtts payaneats referred to in paragraph% I and : tit change i he Amcaunf of the paaymrerrns if
<br />under garapprapb l9 The Prxa war v%acquacd lay Lend. Ftcmowes'% right 14, any imuvancr Iainlrcw% and puocced% resulting
<br />from damage ism the Pr gwny print eta, the acapuvsi ;ism %hall pass to I rivdcr ic, tux catrnt sdthr sums %C ured by This Sir unty
<br />Iasatreastea;I taaairac+diaacly prix to the acyus%ataon
<br />6. &a"OUCT shall urn destroy, damalte or -uh%taniaall*
<br />chow The !'r zpeny. aHcm, the 1'r4gw;lt 3v dewsoi -M;e of cxwnat;tt waste if 'fills K%la k ln%Irumell i% wan a lca%rhofd,
<br />Illo"C'wer sifaii cornsprdy writs the pinvilwM ns iA thr !case, and tf W:Nr ++wry acqu +rev fee i site to she f'rvprriy, the ieawh..ld and
<br />fir iatie+chill sort naexpc venues l mdv agree u- the inerfter an w-rvaing
<br />T. Mwseetdaw of Leader's ky►n is for Property. mor4 stir Jusurawte. if Wwrtwrr falls is perform The
<br />ceveminst%and apeatxanirrsv%crxatatm in ilin %M-uriny pnarumamt, car there :,,$ irgal p+rocreding that Huy %tgmficantl} Alfeci
<br />Leader's rights m the f'tt;prcrty 144w:h as A pxtwtoOmap in %ankrupicv, pu�,ahaea, for tmslemnam -M tat ul rnfnicr flaws ear
<br />replaa�icm+ 1. adida L.endet may do and pay for whatevtl Ts raecrtvan Is+ prtmest star %slur Yd abr F"r+aperty and Lender's ta} ht%
<br />m aloe ho+/neriy Lescla'%aYt'INan% may tncltede paMinf, any %urns %ecu ;eel tj a Iwn whuh has ptxaTate OVCT hats VUIII�
<br />Itonoursesm, a ppicaraigg era arena. psiong francnaabk wileattin�' lets ated cnirr;np. rasa Thr h'rc+parvta It, stale ;rtaatr% Ali he ugh
<br />I,Vft dlr y tale actxxr uvastet at;Ya paaragaaph' l .trivia toe%ra a teaaC It ?tfK %a+
<br />Any eta„ ratan% idle# rwrsr.: iteahtradrfwukfIfiI %paaraflap.lr shallfir. ewneadt3itiiwAlit rN'f}iiaae :artse,:urrdsN%this
<br />Spwav I"'Orum►rsat 4,,44h% Kw?f.Ywe f and l radel Afars' era c,lhri arr�rtv%¢ti peak",--- €hr%r .' 1Wtitil. (hall lr »a ttavrrt%a 1t+�xn
<br />tier malt (if d;%bun2mrm at thn' `ra,.ttr Tarr anti %iaall 'hat pia +at*Ir a.aah rnirirsl upxon <<, �r 1r -,ear 1 ria3rr t,a tat,rraYrr;
<br />roaiiww mg t+ayrnrvat
<br />
|