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<br /> . 1�('rETl�RR t�IITH all the im vements r�ow or here�ftrr erested�an the '•., °-,
<br /> ! Fm propa[y�and all easernents,ay� an�
<br /> .' . fixaucs rtow or h�a part of tha prapesty.All reptare�uenb as�sQdilions staall�be covered by ttus Ses�aity Insmiment
<br />-_�__ - A1S af t�s f��g i�r�Crc•rd w ia tti�SEauiry In3-t�tm�t�z t;�e . . .° —_
<br /> �ORROWER COVEfVANTS t1�t Bormwer ls la�rfi�lly s�ised of the�hereby oonveyed aad 6as the r�ght to grant aad �`��
<br /> wnvey th�Ptagerty and that she Propary is ur.ea�cambertd.cxo�t far encumbiances of record Bonower wunznts aad vrill '
<br /> defend generaliy the titfe w the Ptoper3y against all cL�ims and demaa�s.subject tn any encambrances of tecorQ ' },_
<br /> . TFIIS SfiCiJRI7Y WSTRUAIQ'sNT combines unifarm wvenants fo� aauanal use aad nanamifarm covcasnts with limited -
<br /> varie�ions by jiuisdis.tion to cflnstitute a unifa�tm securiry instmment oovering rea!prop�rty. . �
<br /> '',." � LTNIFQRM COVENANfS.Horrowc raud Len�r oovea�ant and s�ee as faliow�
<br /> ; l.P��men3 of PriasIpal aad Imter�sst;Prepayment aad l.uie Chnr�. Sorrower shall prompdy pay when due the __�,
<br />---- priaci��3 of a�d'mi�resi on ths d:Dt evideucetl by ths Ido;e aad saaY ps�Y�ai aad laie charges due uQdEC s�Nuis. �•_�':�
<br /> • Z.Funds for Tpacs�xl Insaranoe. Sub�to sgplicable law or t�a wriuen waiv�r by Lender, Baaowrr sball p�y tn N.�.
<br /> �. . Leades oa the day�ontt�2Y Payments are due uadu the Note.unnl the AIote is paid in fi�l1,a snm("Fimds°)for:(�Yeaily�xes ..
<br />. . and a�sments which may attaim priority over this Security Ia.cnumea►t as a lie,n on the ProPat�►:N)Y�Y IeasehoId paym�ts �_,�w��
<br /> ��:�._
<br /> � - OY$,ieilud YeAts OD the PiOpCily�if eAY:{C)YE3l1Y h3�d OT pm�ertj+iiibRi'di1Ce plemiuuis'(�Yi�tY fI�ad IDS1aeII0e mp.minmq jf K.:•.`
<br /> . . �►Y+(e)Y�Y�S�e��mem"—�.,mQ if any:and(�any samg payable by Harm�ver ta Lead�,in accardance with the k_-.�:.,_.
<br /> °: 4���.. pravisions of paiagcapb 8.m lieu of the paymeut of ma�age�sm�auce premiams.l7cese items a�e called°Bscco�v Items." ���,�-:.,
<br /> . ' F Lender may,ai any time,collect acd do7d Faads in an amount not to exceed the maaimum amovnt a teader for a feder�liy relsied ��_
<br /> . ' mertgage 2oan may requae far Bormwer's esaow a000unt unGer the fedesal Real Eslate SettlemQnt Procedure,s Act of I974 as �-`;_
<br />,. � ameuded from oime to time.l2 US.C.Section 2601 et seq. C`ItESPA�.unless aa!ott�a law that app2i�s to the Funds sets a 1es�r �,,.
<br /> . �nount rf so.Leader may,ai any 6me,ooIIect and ho2d Fnmds m an smount not to eaceed the Iesser amaimt.I.ender may � -'-
<br />' � es�ate�e amomit of Fuads due oa d�e basis of cmrent dala�d rEawnab2e�ates of expeadiG�res of fnwre Fscaow Items ur �- -`.
<br /> ': cttherarise m aceoidaace wis�apglirabte 1aw. �- ,._
<br /> 'IUe Fimds shaIl be&�m an institration wha�degosits are ins�ued by a fedesal ageACy,insTramenr�linr,ar entity(iucIn�lin$ -
<br /> Leadea,if Lendea is sucdi an�riaa)ar ia any Fedeaal Hame Luan BanY.Leuder shall appIy the Faads w pay die E�raw •�`-�—.�
<br />-.;::;;���.: Items.Lead�muy not c���armvra far holding and aPPh�B die Funds,annaallY anaty�nB ehe escmw accaunt�or vcarfX�B
<br /> '`F��'r:�;�; the Fsanw Uea�s.aoIesg Ix��Fays gaaawei m,eaest on the F�mds and �
<br /> applir.�le law peamits Leader to maloe s�tc6 a siruge.
<br />. ', ' : �Inwever.L,eadcr may reqr�:.,�^e Borrowes ro pay a�me charge far an indqs�t real estaLe tax nepu�ing sc�vice ased by F°`�=�:,
<br /> � ;� render in cannection with this Ioaa.�cless appliea�'.y Iaw pmvides ot�erwise.I�rC'tCSS 811�L IS ID�C Of e�IICdhIC ISW ti,.._.
<br /> :.�_r'.:��� r�es intr�esc tn be paia.Lender shau ca:be re�ed�o pay B¢amwer aay ir�est ar�gs on me Fuads.sa�mcvFS aad �`�
<br /> �,� , I.e a d e�r may�in writing�Qowev�t i�intaest s h a l l h e p a i d aa�:a F a n d s.L e a d e r s h a ll e w Barrower,a i i 6 o� an
<br /> 8� �. �� ,
<br /> • armnal aooau�g of the Fands,sha:��edits and debim to the�ds and the piupose for�Irizh eac6 debit w the Fuas�was ,
<br /> , �ade.Tlte�uads�e pled�s�d as add�itioIIal sec�rity for aII sums�ed by this Seauiry Instnmaeat ,�, _.
<br /> ' If 8�e Tm�ds held by fiz��exceed the amonnts germiued m be hrld hy appli�able 1avi,Leattg shatl aocss�t w$arrawer for �. � `r-�
<br /> . �es�:ss�ds a�aa�,.�:with the iequseanents of applic�h:e Lqw.If the amount of the F�mds he�d�by Lendei ai any t�.e is � '�. R`"��•'
<br /> �:�. . .
<br /> ;.���y,�• ��s.�iant�n pay tLe:E�w Ite�s eris.�dae,Lemder tnay so��Brnmwer m wriw�g,aa�ia s�6 case Baaower�}aY
<br />,:;.;;:,: + � •.
<br /> {;,�f��; c�I.end2r.•��unoimt s.�y w� up the de6ci�cy. B��s6a11 m�ce ap ihe d�ey� �more ihan �"vc --
<br /> , :�nthlY paymeuts.at L�Eac's sole disczetion. --
<br /> . UPan PaYmea;�fnII c-''.�'all sams se�aaed by ttus Sec�rity��L��11 promptty refand w Barrowei�y Fands
<br /> held by L.ea6er.If,und�paragrapb 21.Leader s�aD accyuae ar seU the Praperty.Leaeder,p�icn to the scqnisidon or sale of tbe
<br /> PmnatY.s1�a}i aDP1Y�y Fands held by Lende�az the dme of acquisitin�ar sate as a aredit agaIast the sums savrr,d by this �--.-
<br /> � Soeiuiry Ins�ument �-.._
<br /> 3.ApplEa+doa of F�ymen4s. UNes4 apptisable Iaa►provides othe�wise.all paymeats received by Leader under patag�aphs
<br /> ..'_ n end 2 sh�ll 6e�pplied:frst,to aaY P�DaYme�t ch�ges dne itndEr t!�Not�second,to amounts payab2e undt�par�rapb 2; -----
<br /> �ird.to iateiest dn�fau�th,w principal dne:and 1ass.to�y late c6��zs due uuder t6e Note. 4� ;ri,-
<br /> 4.Cl�rges;ldeaa. Bartnwer s1r�2d�ay all ta�es.asse�meata,:c�cr8es.fines aud imgositians at�butable to the Pca�+j+ s�.�.
<br /> . ahich may att�in priority over tbis Sepnri��Inswmen�and leasehair��ayments or gra�reuts.if eay.Ba:row�r shall pay r�e �b_
<br /> . . obligadons in the tnanner yrovided in�b 2.�r if not paid in�t maaner.Barrowu sta�pay them on dme directly to the
<br /> . • pason owed p�ymmt S�wa sI�11�PromPtIy fumisb w I�eadet aD ontices�f acaounts w be�id aader chis pa�ag�a�h.If
<br /> . � Boreowei makes these payc�.,,�t$d'uectly,Borrower shaD pmrnplly fiunish to t.enda recetpis evi0zacing the gayrae�ts. . .
<br /> . Bormwa shall D�PUY�e szy liea w6icL hac prjoriry ovet this Sec�ity Instctunant r�Iess Bormwe::(a)e�l,a � �`�'
<br /> . - wrim�g w the paymeat of the obllgx�a��ed by the lim in a maanu�aceptable w L�ad�;;�3 c�ontests m good faithh t}ne li-�
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<br /> .� .• :� by. ar defat�s against enfom,emeat of Q�e lien in, legal�pmce�dings:which� tLe Igader's apinion ap�to prevetc�e —
<br /> : enforoemeni of the liea:os(c)seaues from the gol,dr�of the tir,n an ag�ement sansfe�wzy to Leader su�g ihe L�ta o0
<br /> this Socunity Instrua�cat if Leadar determines tt�at an�p�t of the Property is subjoct ro a lien which may ai��iority cvrx this �
<br /> . �� Secwiry Insocmneat,Lender may give Bormwer e not�ce identify�3 ttie iten.Bnmuwa shall satisfy the tien ar tage one ar mure -
<br /> .. ( of tho actians set fmtb above arithin lU deys of the giv�ag of notice. � �-
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