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<br /> , TCC�Eitii�i WiTH ali Us tm�ravemonts rtari cr h�e�tt�r�sted an the prop°Ry, and e7 e�semmL�. a�autensnte�. and �,�__
<br /> f�res nma ar h�atier e Part e11ha p�oRsriy.A!!�!acem�ts and eQdritons sheH e!so be cavrrad by lA�Sesurtty[nsVumsnt �__,,
<br /> ' AA of tha torega:r{g Is rafarad to tn tnLa Seeu►tiY h�s�umtnt as tite 'Pro¢etry.'
<br /> _� - @:kRR=:".� C.U!ti�.PNT3 thst BoaowW is tm�rtu5y s�zed o!tha estate h2r�y canYeyszl aad has the dg4�1 to granl and �;
<br /> camrsy the Pmparty end thai the RmpMy ts unencurtr?�ered. exe�pt fQr enwmflranses of rezard. Bortower wra-rai:ts and wiJ �._---
<br /> � ' ' de:end genen7y tho 6tia to�he Rraperiy ag3it►st a]c�.a5ns end dmcands.subi�et to eny encumbrances of rseord. �T=�`
<br /> . TH(g SEGUR(Pf tNS7RiM.5M eamE:n� unitorm covenants tor naUonaf ese and nerwnitarm eovenants witN lirr.;t¢rl �„-::-,
<br /> - varf�tions @��urfs�an to eonsttU.�te a unHaim stcunTy tnstreFm�t cavaing 2a1 property. �_��'
<br /> UNIFORM COVEt�lkWTS. 8orro�rer and Lend:r covena[st and e�H ss toHaws: ,4
<br /> 1.Payinars4 ot�inctpal artd intsras� RrsparymsM a�d Ls3e C�args�s. eos�avrer sh�l promAUY vaY when
<br />' due the prtnctpal ot snd L�t�st on tho debt ev(dEnced dy tho Note ond eny prepayrr.ent and late c�arg� due und�tho Note. � �-
<br /> �.y�,
<br /> � �. Fua�do far'��ces and [nEUrance.Subjeet to epp�eable taw or to a wrftten vraiVe�by Lend�.Bormwer sha3 pay -�.�
<br /> = to LenQ�r an the day asnnih3Y Psyments are due under the Note. untl tha Note Is patd in fufl,a sum('Funds')tor. (a)Y�Y �':;;s:
<br /> ta�ce.s and ass�sn;enis whteh may eimin prtorily ar� this Securiiy tnstrument es a Q� on tha ProP�7P f�) Y�hl feeseh�ld ; ,.
<br /> payments ar ground t�an tha Praperty.H any, (c)Y�►Razard or property insurance�nimrn�(� YeaitY aood insu,as:se .�a�n.
<br /> - pretttiums�tf anY• (e1 Ygattyl►mCRB@3e Insutance pt�nium9�N AI1y bUtd(�a..ry sums��Ie by Borrowu to lender t�accord3nse r...._..
<br /> with th3 pmAslons of parr�aph 8, tn ffeu af the payment ot►nartgage trts�usnee pr�nlwrts. 7Aese tteR►s ara ca¢ed 'Eseravt ��-;`
<br /> Itan�.' Lend� mey. at any Um� ce8ecl and hofd Funds in ss�amawt rtoi to exceed ths ma:dmum emwcd a lendfsr ter e
<br /> um
<br /> � federa�y�ed rtrodgage toan may�ire tor BoTavrer'o esaar� ecco�nt undar the tedetiilil Real Frst�te 8�ement Proce�r2s -=-_
<br /> na ot ts�a as amenaed trom t�na to wna�2 u.s.c.�2801 et seq. (°RESPA°l. �mfosa ano2h�law th9t a�FR�to ths furrSs
<br /> sets r►Iesser ameunt fi so. Lend.r may.ai any tLnv, cottect an�d hotd Funds in an am4unt noi to excsed tRa le�r emeu�, _�_:
<br />;f,r, Lender may�tlmate the amourtt ot Furtds due on ffis b�ta ot curtent�end rFasonzb'e esWn�tes ot a��s�turos o!tv.f�e
<br /> Escrov�ttems or o'Jienvtse in aecoK�ncQ wfth s�.eh�e 13w. �•`-:
<br /> Th�Funds st:a0 be hetd(n an instifu�+.�vrtrasa d�osEts are fisures!by a fed2ra!ag2ncy.tnstrurn�iyr.or es�t�j Qndu�9
<br /> Lender.(f Lendzr ia such en fnstfhrFiar.)+x itm a�r�l fed�l Home Loan Bank. L.etsda sftis.7 aRPly tho Funds w p9y tha Es�avt �-
<br />;:,•;' if� Lartdxr muy nfft ctiargta Burraxes:��tatdutg end eRFh�9 ffia Funds,annuaLY anaty�in9 the esaow accawt�at vefit�Utg -°-_
<br /> � qt��auvi items. unfnsa Larrdu€ �;:s Barra�Ha tnterest on the Fuads end appQcabie law pt�mfts Lendet tfl make stccfi e
<br /> ci�e� a{avrav� tartc�t rtr�Y rt�aro 8ortotiver to t�Y e on�rce eharge for an Indep�des�t real estate tax �eporti�p se�vtes _.- .,
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<br />� usea �� izncSxr �r,��acticn wP3� ihts loan. urlams app3cab!a law prov(des olttenMsa UNess an ecyeem�nt Is mede or
<br /> ap�l'x2b!e taw r�l.�v�terest to be pa�d,t.�rfn sMtl nat bo requhed to pay Barrawc�eny im�st or eamn9s on the Funda �.
<br /> �. Haf^swer and Lead� msy a�e in v�ritis�9. �xr�,:t11a]Unetest sAa� be peid on the Funds. Lender s�O gNe to Borto�rer. 4 :
<br /> v!�hxsi charge, an ennua!eccau�fc�g of the Rn�s.shawirtg a;esSts asid detids to the Funds end the purpase tor whteh anciti �,�:
<br /> 'cr��aR do the Funds was mada t':ss C'-unds aro Fiedged as ast�lRma1 sewri4y tor aD sums a�cuced�y ihe Sear�l tnstrumerrt __
<br /> �<�• fl ths Funds hetd by L�d�exceed the c+trcuri4s pamitted to 6e hetd by appacabie ts.+v, L�nder ehap accawt to Borrawer =-
<br /> _� . ±er the excess Funds ki aeeomance wfth tRe r�gutrementa ot appita6te taw.B the amount ot tha Funds held by Lendet nt arry --
<br /> - �^a is no! sutReiait to p�tY�e Esemw Rems;�c{�n dua Lender may so notily Barrav�er In wrl8ng, end, in such case Bor��rer �..
<br /> � �'6.pay to Lender the emount nscessary to�a up the dsftdency. Borrowc�ahail make up the deftd�cy in rto mare thart � �---`
<br />' Sr�monthhl PaYmc�ts�at Leader's soie diac�etfan. _--
<br /> � Upon payme�A fn tW ot a0 sur�secured by 4his 3ecuriry In3humen9.L.�tder shaD prompUy re:wd ta 9orrower sr[q R�nds -
<br /> h�d by l�d�r. tL under p��aph 2t,Lender shaC ecquire or sdl the Properry,Lender.prfor to the 4equis�on or sale 44�ts _
<br /> . • proPerty, shaY appry acry Funds hetd by lsnder�t the Ume of acquls�ion or sefe as a cre6it ag�tnst the �ums eetured by thls .' ��.-
<br /> • Security(natruma�t
<br /> •� 3. A�fPilP.adton of Ptytnont9. Unless eppHcabte (aw provtdes othervAse, aH paymerrts received by lsnder urtde� �.-
<br /> .. patagraphs 1 and 2 shaA be apaLed: fust.tu enl►PcepaYrrtent cherges due under 4he Nata; �econd.to amoutats payehfe ua►d2r
<br /> �r,�b 2;thkd,to irrteres4 due;touM,to prindpal�e;and IasL to aey late charQes d:te Fmdec the NvLa
<br /> � �,. C9tePg9�; Uan9. Botrower shaU pay af ta�ces. �ssessmenb, charges. finw fmnb i�os�1lorts aitrfbuta�G3 tfa�l�ie
<br /> p�pPZy whbh��itt9 atlaLt Pr�ofiiy aYa thb Se-:r�ty.insUurrt�t,and leasehold paymenis w�d r�ts, �3 tny.. Borrow�t��hW
<br /> . pay these o6�ga8nns tn the manner provided icr;,�aragraph 2,or H not patd(n that manner. Borrower sirc�Ls3.y them on ticne ,• �-:•
<br /> �.*�clty to tha person owed paymeR Bomant+gr ti�aY prompUyr fumisfi to 6ertder eA noUces at amounis to be p�td under tfils
<br /> � ' �a�ph. H Bortower makes tlesa R�� �1� Borrower shaB prompLy fumisb t+a Lendg rece�is•ertd�dn3.tt�o '•: �°,;=
<br /> , 'Fss�'li�ant9. � �6("_'
<br /> �orrowa afiaY P�amP U l/��:�'f aws w h k h h e s p A o r ft y or e r t h E s S e w rf l y t n s w m a rt anTess Bortow�: (a)a�3 in
<br /> wr[ttng to the paymmt ot ths c�fi�-:o,,.-x r,�r.r:d by the Yen(n a rtw�na acce�tabte to LcnQer; (b)cotttesri.to yood f�the ..
<br /> fien Dy�or ddends ageinst �r a[tttr�"uen fn. (egiY Dmcee8n9a whf�s tn the lendera oDtnlon opa�At�to �pre+rent the
<br /> Eflf0�CE1170flt 0}th@ YBfI�Ot(C)f1,.:AMi':S..�'r7[7'�18� hOk1�01 th9 Qlfl i(1 H�@6f!J�ifSfL 88tIS1iCW1y t0 LCRdlf SUbU.Tl�tr711�71�th3 QBJI LO
<br /> thts Seaclty fnsWment.H lendsr��Rermines 4tut any part ot tha t'roperty is s�d�',e�t to a Uen wAtaA rtuy att��tort'ty ovet tnls� .
<br /> . Sec�ufry Inahumen!Lend�m�r�Ne Bamher o notlee iCenti(ylrt�tfie Qen.Boriower ahafl eatisry tha Yen or Wce one or trast�c! _;
<br /> the actions sct torth abare witt�n 10 dayo c!the givhg of noUce. • .
<br /> . . 5. Haz�rd or Prap�rty tnuuranc�.Bortow�shaU keep tha ir�vements naw existing x haadte►erecttd�fne ,s
<br /> P�opertyr hsured ay�hst lass Dy ftre� h�s'r.:ciuded withtn the tann •�ded coverage'uFd enyr esi{t�hazvcfa.(nc9vcWg
<br /> , tloods or tioo6ng,(or whtch Lender roqut�fcrt-�y�anca. This fnsuranco. �t�11!_e mahtahed tn the amoaatn mzd for tha periads
<br /> � th�!LettdeT recyutnes. The tns�ce cattler y�vtdh8 the I�surattee shaH 6e chosen by Bor�oNer subJec4 t7 I:ender's�(otovai � „��
<br /> 4 va:Sscb shatJ not 6e unreasonchRn withhdd. M Borrower t�r�ya mek�fak�coverage desai�d above,Let►�ar*.ray, st irtt��r's �
<br /> option,obtrfn covenge to prota�t�ender's dghts tn the Pro�tn aceordance with para�9. �
<br /> AA in�urance po�cks and renawets ahaB be acceptab!a to lender end shaY Indude a standard crta�f�,�ti„^�ciausr�I:�mtar
<br /> shai have tt�e�9gM to hotd the poRCes and�+.awats. It Lcfider reQulres.Borrower shaN prompty yke ta�Lr�rr�a aY rec�iprt�of
<br /> patd prorniuma snd re�ew�notkes. (n the eveP:i o1 tos�,Bortowar ahaA gNa pmmpt notke to the insurar�m�;arrle►end Lsatder.
<br /> . ': Lcr.s,�r mry mrke prool 01 toss N not rrwde prortpihr by Borrower.
<br /> , .tJn(esa Lender,end Bo�roww athe�wise agrce M wrffing,hawance proceeds sha9 be appQed to resionUon w repa3�af Ne
<br /> •�• Prtperty datnaQeQ N the restoraUon or repair Is eeonomicaBy feas�te and Lendefs aecurtiy is not tessened:H the reatar�lD�s or
<br /> ._ repdr i�not tconomtcaYy teasbte or Lende�a axurlty woutd ba tessened,the inswance praceeds shaY i�e�rpYee te Qtt�sums � —
<br /> aecured by this Securny InsWment,wBether or not thm due. with eny �xer�a patd to Boerowa►. U Barower abandans the
<br /> � Property, ar daes r.ot answer w8hin 90 daya e rtoUce frorr�Lender thaf the tha�rance c�rrler hes oftaM fa sedle s cWm,then
<br /> ' l�ander mry co9ecl tAe tnsurance proceeda. Lende►may use the proaee�a:Uv repair or restore the P.�r,��ry or ta pry surtds _
<br /> aecured by this Security Inslnarrent.whethat or nat then�a. The 30�day p�ed vr9!6Vy!n�/�k�n the rta`,�aa Is g'sven. ___
<br /> Unless Lender and B�rrca�:c� otP.ervAse n�ee in writln� eny epp9eattnn of pracEadts to prfidpa) sha�9 no! extend or �
<br /> � . postpone the due Qate oi thm mm�th[y payments referred t4��x para�aphs t and 2 or c4t+�.rt�e tbo emaunt o4 the paymenb. If _
<br /> � unQer paragraph 21 tfia Property(s aequlred by I.ender. Ec:rower's dght to r�y Insurence poJcies and pmceed9 resutthtg from
<br /> ' demege tv tha I'roperty pdor to tAe acquisWon sheA pass to Lender to tf� aaent o1 the sums by titf�3earity tnstrument
<br /> imme�ate2y prbr to the acquisiNon. -
<br /> . 6. Occupancy, Presorvatlon, Matn4snanz� and Protectton ��f the Proparty; Boreotifar'a Loae� �_`
<br /> �. ��� A�rplieat�iom, lOiS�holde. 8ortowet sfisll occupy.es�Glish, end use the Property as Bortower'a prindpa!restdence within
<br /> ea,.y dnys nfter the executlon o1 this 3ecurity Instrument and shail conUnue to ocr�py the Properly aa Bortow�'s prSncipal
<br /> .. resldence tor at teast one year aRer the date of occupency,unless Lend�r othervrisa a�ees In wriiing,wPileh consent shall not c:"`�=
<br /> .. be unreasonably rYti hhet�,or uniess e�Renuating clrcumst�nces vxist v�AtcA cre beyond Borrovrer's cantrei. Bortower shail not
<br /> • destroy,dart�ge or impaU the Properry.a�ow She Ptoperry to deterlorate, or cammit waste ore the Prape�[yl.Borrow�sha➢be Ue �
<br /> ' � default H an}r imfer�re ectton or procee�ng, whefher cNd or atmtnal,is be�m that in Lender's good faith Jud�nent eould restttf =--
<br /> (n fortefh�r+e o}the Froperty or othervulse mat�ria�yr impaU the�en ercated by thls Securiry Instrument or Lender's secu' Intenest f_-��_
<br /> ---. X "I `.___
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