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<br /> ' 'POG677{tiR WETH all thc impcoVetncnt9 aoW or t�:re�llcr ctxWtl on the pto{k.siY.atul yll ea�..tt►cttis. r�urttsunces,end
<br /> fixtures nuw or f'�e+4afc�a pa.�t o!'th:,prorerty.A!1 re{►lucmentv anc!a�iditioaa sAaU aiw b�s wvcrcJ by thia Socuci�y Insttw�z::+�L _
<br /> i A!l of J,c forc�ain�is rcfr.�ed w w th1+Saurity Iasuwncnt aa tbe"P�'o�►rstY•"
<br /> � BORItOWfe2 C4'�GA`AAPE'S thal Borrow�er i�lawtully seisod of�l�c estato Ac�ccby con�•oyal anel has�hc ngh�a Rrsne e�ul
<br /> 1, conv�y u'k�Fra�:;.-ty r.zicl tt►�,t [�:.Pro��sY is unc.acumbaod. excc�t for cnc�►brr�nccs o1'rccard. Bomuwcr warraru9 rnd will w
<br /> i cklmd�ra:saUy�the tici�u►tha Propcny a�ainst all claltu+aad den�ncis.subjcact ta ony cacwnbnnccs c�roco�rd. �.
<br /> � 'f"NI:; S�s�:i.�KiiY iNSi�t�hw�si'w:�►�:�.: urw��s :.c:.:.^r,^�s r� .,.a�.�i ��v c�f�a-uaii'a�m cavca�njs wub Wuiaad =
<br />' I variatio+�s by jarisdiccion a ca�stiwce a uniform socuricy insuunx,u caruing rca]p�o{�cAy -_
<br /> l UNIFORM COVENANIS.Butmwu and[r.nder covet�aat�d sigr�as fa�lEows: wdcn ciuo the °n
<br /> J 1.Po►ymea:o�Pri�►A1 ana IAta�ect;Pre�Ymeni soa L.ate c�es. aarrowcr shau pmmwlY wr �--
<br /> � princi�►�l ai antt interGSt on Q►o dr3�t svkicaced by thc Notc and anY P�Y����g���4�'Notc. ,u
<br /> L Fusutc fcr•Tax�sad Tn�urs�ce. Subjocc to a�pticabio law or co a writtcn waivu by Lcr►dcr.Bormwcr shall pay co _
<br /> Laxks on d►:+d�y mtmthly p�}�n�euts are due uada the Nac.unti!tbe Note i�paid in fuU,a sum("Funds")for: (p)Ycsuly taxes �_
<br /> aad Asscsstne�ts a�hic�mny attdin priaity over this Socurity Iasttument as a W:n on the Fro�.rtY;(b)Y�ly Ieaselwid PaY�nts �i
<br /> or grouad reats o�A�o Ptopat7',if aaY:(�)Yeuly tuusrd oc propelty insur�nco prcmivau:(d)Ye�rly Mod insur�.�ce premiums.it G.-
<br /> �)':(a)Y�'�!'�Eo intctronoe Prcmi�uns�if pny:and(�anY sums PaYable by Bamwer W L.ender,in�ccurdance with the _
<br /> provisions of �►uug*�8. in liw of the paymeat of mortgagc insuntu,e pKmiums. 'Ibese iwns ue callod "F.scmw Items." F,_
<br /> l.et�may,at aay arne,colWct end tiold Funds in an�nwunt aot to eucoed the maximum amounl a lcnder for a fcdciially related _
<br /> � mattgt�ga loaa a�y requiro fat Botrowcr's escrow accoucu utuler tQe foderal Rea1 Fstase SWlemeat Aacodures Act of 19T4 as 1�-
<br /> ameudod from tiwe W tima.l2 U.S.C.Sxtia�2601 er seq. ("RESPA").un3ess aiwther law tbat a�plics to tke Funds se�v a ksser
<br /> ;amount. If�u.I.u�der may. at any dma colloct and hold Fliods in an amouac aoi i�r.��u`� h„�:�su:=nL Lender��y
<br /> od n
<br /> ` atimate tt�n acnount of Flu�ds due on t1w basis of currcni data and reasot�bk estimaces of ex�of fuLue Fiscrow Items or �
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<br /> - otbawi9e ia�coordxaoe with applicabk law. ��
<br /> The Fuads shall be Aak]in on insiiduion who9e de�osits are insured by a foderd aga�cy,�.ot entity(iacWdinB f.
<br /> l.essdet.if l.eader i�suc6 stn insatution)or ia any Faleral Hotaa Loan BaNc.L,ender sball appiy ttse Flu�d.c to pay tbe Fi�crow __
<br /> - Items.I.enda may not cdarge Borrower fa da�lding aud applyiag tbe Fuads.annuaUy analyzing the esrmw a000uc«or vuifying %=
<br /> the E9crow Itcros.unless I�usda pays Barawa intaest oa the Fuads aod applicabie law pesmits Leader to�naice such a charge. _
<br />-+� Hovu�ver,I�drr may royuire Barower to pay a one•timeme e1�'ffe far aa indepasdcat ral estate Cuc repocting swioe�sod by k:
<br /> = I�e,nder in oonaeciion witb tt�is ioaa.unkss apQlicabb law provides otl�erw�ce.Unless au agrainent is msde or applic�bia 9aw _
<br />�j r«�uires int�t w be paia,Leader st�ll na be requirea co pay s«rowa aay iate�rsc or�amings on tne Funas.sorrower ana R
<br /> R� ��Y����8,dovuevu,that'tnturst shall be p�id oo the Ftutids.L.ead�s shaU�w exLwdebit��the�Funds was
<br />;$,i �yal�oc�a�tg of the Futld9.sbowiug ctMitS�ndi de�iis W ihC Fl�ttids�nd tHe putpOSe -
<br /> �• made.�ibe F�cLs ane ptedg«t as additional9ecuritY far all sums securod by d,is Securicy Iaswmema- _-
<br /> 1 W be t�eW by applicable law,I.mdea shall account to Boaovet for
<br />. � If tLe fl�ncLv beld by L.eadet ea�oeod the ac�wu�ts peimival -
<br /> '�� the e�tcess Fuuds in aocunia�tcC with tbe req�ts of applics�Se law.[f the amouat of the Fuadc beld by Lc,ader at iwy omC is 6-
<br /> 3` the G�.-s�v Ite�s wbea dtie.I�dct�ay so noofy Bamwa i�.�xiriag,and.in suc8 c�e Banowu shatt PaY --
<br /> �at sufficieat to pay _
<br />=� te Laade�tbe ama�at ne�ssacY to malce up the defwtie�cY. Ba�z�wYr sha11 m�. up the deficiencY in no�aore than twclve _
<br />�' �t�dtlw pe7�rr�ats�at Ira�der's sole diccrttson. ��I.eader shall pca�nptlY
<br /> �f Upoe�:�t in full af�ll sums sa�aed by tbis Securiiy r.,�.r„�.+. refnad to Barowa any Fi�ads _
<br /> �� he3d by Irada.If,uadar p�ra�ap6 21,Lmder st�11 acquire oc sell tbe Property.I.eada.P'ior tfl the acquisitioa a sale of tbe _
<br /> �? PropatY.s1�11�ppiy aay F�ads held by Iaxkr at tbe a.roe of xquisi�on oc sale�a credit against the sums secured by dus -
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<br />� �plicatio.ot Paymeots. Unkxs applicabie law provides otha�wi9e.su paymeats naivod by i.eader w�da p�ag�hs
<br />= 1 aad 2 shau be appliea:fust.to aor P�r��8�a+���xou;s000na,to aaaauuis payabls�ndei va�s��: -
<br />-- thied,to intarst dve:fouittl+a p'�c�p�1 duo:aad 1ast.to anY late char�ts tltte under the Note. -
<br /> 4.Cisr=a;Lie�s. Hc�o*er �PaY all taz�+ac�ts.ch�r8es,fiaxs aM imposidons amib�e tfl tbe Propaty --
<br /> _� arbicb mry attaio priaitY ovrt this Secwity Iatu�uoea�,aad kasebold paYments or B�au�d reais.if aay.Bc�u�ex stwll pay tbese _
<br /> obiigt�ticros ia cbe marmer providal ia p�agt�ph 2.or if aot paid in that ma�mer,Borroaa shsII.(�t'�aa time d'axdy ta�.tbe _
<br />._� paso�oy►o�pyiymeat Borrower sLalt pma►pdY furnish to Itadet all no�ces of anwuats to�rx ymid.czader this pa�agr.�L..If -
<br /> -- Boaowet ma�,es these paymeats directly.Ban+owa shall pc'amptlY fumish to I.tadet��vidaocin8�P�Y� --
<br />_�: Baroarer sdal]promptlY dischar6e aay ti�a wkic�hu priacity ova t1�is Sec�uitY Iasuuma�t uakss Baavwa:(a)�g,ciees ia
<br />• :�� writing W the paYment of tbe obligatioa secu�d lty tfse liea ia a m�cwar aoceptable to Ireader,(b)conte�s�Sood faitb tLe liea
<br />.�: by. or defeads a�aiatt eafa�reooeat ot tbe ti�s ia. iegal Proaodia8s whicL ia t�se I.taider's opiaioo oQarate to P�'e�i tAe _
<br />_� eafo�ma�c of the liw;or(c)sxurcs fi�ct�e he3du of the liea aa a�eemeat sa�factm7P r�r I�nder suba�dinat�8 ibe ties 60
<br /> t thi4 SaauitY Iasuumau.If I.eader dctamiaes c�st�y pa�t of the Propeity is su�jx,t w a iic��icb may�taia piiority ova tnis
<br />� Seaar;ty Inswmeat.Iaodrs may give Bo�rower z mamoe ideatifying tLe liea.Ba�++el shalt s�tisfY the lim a take one a mace _
<br />�'�` of the actioos set forth above withio 10 days of the g�viag of notioe. °
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