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<br /> 'IYXi�3`ti��F�1�Yti`Q�all tTio ii;�jirov;,•,-acntn�intv ai r�c�;.�fi_�c,�;��r�1 Ri�IEt�{1�ojt�7iy,cnd��1 ca�UiTr,ilG9.einlitA,c;ijlllt2CSi1111C+J3, �•_
<br /> rent�,eoynllice, minexel,all en+l gay ri�hrn end ��rafiw,wutcx right9 and Ftock and all i"ixtures now o� tt�reaf►�.r n part of�ha =__
<br /> pmlxtty.All rtpl�cerntntf u�d�dd�tistriu�htSl�►1eo ba cnvetCQ by th�9 Socurlry Yn6trumcnt.Afl uY ii�o fo���snN�B io rtf��t�,�!n
<br /> �hls Socurity Inswment av t�o"1'rupa�-rcY,"
<br /> BORRQW�'R COVI3NAI�TS thal IIarrowea Is law(ully�cleal of thc+es'.ata Mxeby cflnvcyetl and ha9 tho riaht tn geant and _
<br /> convoy tho Property and Uint the!'topercY l�unrncambr,rad�exuy�fa;: Gzc��:t�;.r.ccs of recn:d.Eotrowcr wFSrn.ntA end dvfll
<br /> defend get�dly the dila tn 1h�Pt4�xaty aFi�lnst�tll claims ans dcmn+�d��sub�ecc a any encumbrances af recorQ.
<br /> 1.Payonent at PrU«1�u►b 1at�rest wnd�.afr�C�rRa norrower shRll.pRy when duc 1hc principal of�a��d interrat on, il�e —
<br /> debt evlclenced b�tit�Nnia and b�tc�chnr�ae duo under tho l�iot�•
<br /> 2.11Srtnthlq Paymcnt,of Txxcs,Lafl�irAer�e And t}ther�h�rgeA. IIormwcr shall 1nr!¢d� in cuch monthly payment, �,
<br /> wgat�.u:�r wlth thc piencipAl nn�!Fntarast as set fozth tn the Nntq and eny late charges�a suan�for(a)t�es and spccial a5sessmenua
<br /> �uried� or W be lnv�ni e�air�e'i ttze tr'm�xrty� (b)kugchnld peyments or grouECE!rent9 on the Property� and (c) pron►3vms fa
<br /> insvranee�qnir�:t1 uYtQee�;nt�►�gfi�3.In a��y yuu in whieh tho T,.ender mrast pay a moct�age insursu�ee pcemi�un to the Secruary
<br /> of Housing snd U�btsn T;►avelupmer�t("Socretery„),or in eny year u►which such prtmiun►wauld hava 6�er►req�ired'nf J�►dcr stlll
<br /> held¢ho Sucurity Lr�trxuma�t• �r�ch monthlY paymu►s shaU sL9p includo either: (i) a snm far the annusl mo�tg,age inRUrar►ce
<br /> �se.miim tn be pPi�hy I�en�e:r�r t[c�Secretary.a(i3)a month7,y charge instead of a mort�age insur�nco prem{um if this SeGUrity
<br />� �cnr�x ix hakl L!�the Soen�+ry.�n a reasor►able amRUnt to be Aetcrmincd by the Secrca.�uy.&�c�pt far ifle wa�tl�ty ct�:ga�y
<br /> tho 5e�xeteuY,thesa i[oma are c.ailcd"Bscrow Ituns"and tho sun�t�etd to Leader are caUed"8scrow Furnt'�s.��
<br /> Y.:��ndu maY�et env t�in�.c�:Lcct and lwld�rwunts for�'ssc,now Items in sn eSB.�Bate amount not to exceed tha maximum
<br /> r�:�u�xi't thRt may 6e rcqu�iced�C 1r�arrow'cr's escmw account undet Ihe Real&tata S�tilement I�roccdurrs Act of 197�,12 U.S.C. -�.
<br /> �ctinn 2601 et scq. and 1n��1eYr�anting rtgutations.?A�3t Part 3500.es thay may ba�rnendefl from tsme to 6r.ie("1�SPA").
<br /> cucsept that th�cushion or resexve permiued by;RBSPA for urmadcipated disbursements or dist►uratmcn��+beforo the Bomower's
<br /> �symenw ara availal�le in the�ccount may not be based on amow►ts dv,e fcu the mortgage insuranoo pre�niun►.
<br /> ' If the emaunts hcld by d..rcndor for Bscrow Items exc�i the�unounts�permitud W be held by RBSPA�I�du shall deAl wilh
<br /> etw excesq fiu,�av reauinKB 4�v�SPA.If tt�amounts of funds hcld by X.enclq'at uny dme are not suffictent to pny the Escmw
<br /> ittms ahen�Iae�Ltin�er snay noHfy the IIarowa and reqaItt Barmwu w mn'te up t�e ici�dtiaga ia u�i+�;�ti�r:��:,..:�,.°�;
<br /> RB9PA.
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<br /> '�o Bxrow Funds are pieilg�d as addition�l sxuricy for nll gums socwred by this Sccuriry Insnumcru,If Ramvra tendera w
<br /> L,px�er dus full paymait of sdl s��ch aums,Bacmwer's acc.�ant:shnll be credited wfth tlia betur►co n�naining fa all insWLnr.t�t
<br /> iWns (a)� @?. end (c) and a�y moctgaga insivarco premtum inRtaW�sent ttu►t L�usder hac not bix�,ome oblig�ted W pnY to �ha
<br /> SecreqrcY.md Lca�dex�U p�+ar�pUY refund any excess funda to Borrower.Iaemodiately prior a a for�sura sak of the I'rnpeity
<br /> a Ita�iui�on bY I�ndc��Barowa's�ccount shall be credital wiU�any belaroce reans�ining fa all inss�llmeab fcu itans(�y�
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<br /> 3.ApPdcatba o�Parmab.All p�yma�ta unda paragrnphs 1 annd 2 s1u�U bo spplied by I.�nda a�folbwe:
<br /> �,t�t�a�nartg�ge i�tsucanco pc+emium W bo 9aid by Lcndcr to tha SareWry nc to the monWly�hugo by tha Saxetary
<br /> �d�E'd�o monthly n�xt�4�baA�oo lxe�nium:
<br /> �'e�,-�d,W�n�r wce��spxlal a�e�n+a►ta�lea.9eho6d pr,y�►ta or ground mnts��:l f,rc.tlaod w�d uth.x Fwr.ad inaar�aica
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<br /> �,a idoa+est duo unda the Not�; '
<br /> �,oo�uno�tir�uion of the princl�l of the Nots; ,
<br /> .to la�e ch�tgd duo under the I�1ate. . �
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