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<br /> „ ^ TOOETIiER YVITH Y tM Yq+rovMn�nb now a h�n�Mr w�ct�d an th� propwty,�nd Y�uMmnts,�ppwtwianoa� �nd � -- -
<br /> ... tbaww now or MrNR�r a prt d th�p►ap�Ay.A1 npMown�nb�nd�ddWons�hall also b�aovard by 11�BraKity Imtrurtwnl �^., Y -
<br /> . � N d th�lapolnp It t�Mrtrd W tn tl�S�arNy Nttrwn�nt w Ih�•P►opwly.'
<br /> _ � . BOFiRONVEN COVENANTB tIW Boirowr M YiwM�y s�M�d of th� �t�Mr�by oom�Y�d �nd ns� th�r{pM to pmt and �°�r
<br /> � aanvy th� Pro�'ty�nd thq th�Prop�rly a wwna�nd. awW fa �nowMnnou W noord. Barow�r Wnnantt �nd �:.f��"'
<br /> . • • w#I dMr�d pmwYy tM tl�W tM PropMty�p�lntt�t drmt�nd drrtrnd�,wbJ�ot to my�na+mhnna�d r�cord.
<br /> � . � ?HI8 SECIlRITY INBiRUM1ENT canbY� wiMomi oov�nts la n�tlonal uw �nd na��unNomo oovwMnt� wNh �'''"�..''� �`_:_.-•,.-.
<br /> � ` IMt�d v�tlon�bfl NKM��b oonW4it��w�lam wawMy InttrurMnt cowrkip nd prop«ty.
<br /> � UNIFORM COYEWIMB. Bartow�r�nd Undr oov�nt�nd�QrM u folowi:
<br /> � ' 1. Paym�M of Prinolpal snd let�rn� Pr�pnrm�nt�nd L�t� Ch�u'pN.eonowK�hall P��P�Y pY wlw� --
<br /> " du� Ih� pdndpd of�nd htr�st on t!N dNN Mld�nad by tM NoN�nd�rry pnp�yrtwit�rW IW ohupN dw und�r tM —
<br /> NW�. �_ =-- --. _._
<br /> Z. Fund� tor Tax�s snd Inwrana�.SubJ�et to�pploabM I�w or 10 a w�un w�lvr by l�ndn, eoROwK .iw p.y
<br /> to Lw�d�on th.d�Y��Y P��an du.w�d�r th�Not�, unUl 1h� Not�la p�ld In IW..wm�•Fw�d�•)lor. c�)r�h --
<br /> . taxa�nd apNamw�b whkh m�y �ttaln piaNy ov�► thls S�ow1y In�trum�M a�Aw�an th�Pro{�Ay;(b) Y�Y��
<br /> . p�ymmt�a qround nnts on tM Prop«ty.Y�nY (a)Y�N �d a ProP�M��a prwdurmt (dl Y�Y�Inwranc� ,�,_
<br /> P►��,M�Y: N)Y+� moRpp�Naix�no�prrNum�. N�ny;�nd m �ny sums p�yabM bY 8ort�av�to Undu In�oaord�nc�
<br /> w�tt►�h�prorhbm ot p�ny��pN A�h 6eu of tl�p�nt of mortp�q�Inswana pr�nGlnw. Th� It� an aMd 'Escrow ��`''-�
<br /> Ram.' I.andrr mRy. at�ny tlrrw. ootsat�nd hold Funde h �n rnount not to euoNd the .+n�fnN�M �mount o Mnd�r for� •�•,✓.i�
<br /> , . . fed�r�y n4bd matp�lan m�y rpuln fa Barowr's Kcrow �coouM und�r th�t�dual RMI EsMts 8e111MrMn1 Proe�d�ua _.v .---- --
<br /> . Ao1 o11W4 a�nwuMd kom tlm�W tin�.12 U.9.C.f 2801 al aq. ('RESPA'1, unte�a anol� �w th�1 �PPY�� to tta Funds �,�;��
<br /> � � s�ts�laar mwun� H so, Lw�dw m�y,�d�ny ticn�,eoY�t�nd hald Funds h m amount not to �cccMd th�(M��noun� �'.
<br /> I.widr mry«thW�tM �naMt M Fqnd�due on th�b��ol oun�nt d�ta and►worMbM aUmata of�ndqu►�s ot tuwr� `•
<br /> � Eto�aw ftwns a othwv�in�op►dqpe�M�Ih�ppYaabN law.
<br /> 7M Fund��ha16�hNd b an InsUditlon who�d�po�Ms w Insund by a I�d�ral apwwy.k►strumanWtlY�a�ntly(hdudlnp
<br /> ' L�ntNr,q L�nd�r b wah�n tnttlpAlon)a In�ny f��l Hortw Lwn Bank. L�ndrr�h�1�pply th�Funds to py th� Eca►ow
<br /> � Itena.Lend�t n�Y not oM►�Borrow�r for hotdlnp�nd�ppryk�q th�Fund���n^uulY�n�ysh0 th�asa�r�ceount. a rwifylnp , -----
<br /> th� Eswow IUms, w�tas Landw p�ys Bortowv Ntwst on th� Funds �nd �ppYcabl� I�w pwmlts Lend�r to �wk� wch a
<br /> ahory�. Howeva. Und�m�y roqulre Bartowr ro p�y a one-1Nne chupa lor�n (ndepandmt rod�atu� ta r�poNk�y eervles � �=„'
<br /> ueed by Lend�► In aonn�ctbn wUh thls lom. unlass�ppYcable I�w prarldea olheiwlie. Unloss �n �preMn�nt Is m� or -
<br /> �pplb�bM yw nqulra bt�1 to M p�id,I.md�r shW not ba nquked to p�y Bortoww�ny Int�nat a Mminps on th�Fund�. �''
<br /> . BaROw�►�nd Lendw m�y pn�b writi�y, haw�+rr, that Int�at nhY b� pId an th�Funds. l�nd�r shoA ph� W BoROww,
<br /> , wNhout chuy�,�n�nnwl�awuntlnp ot tha Funds, showlnp cndlts�nd d�blts to tb�Funds�nd th�purpo:� 1or whkh Mch
<br /> d�blt to tM Funds wss m�d�. Th�Fund��n pMdpad�s�ddWond Ncwly for�M�wm s�au�d by th�S�aultY In�� --
<br /> If Un Fw�ds Mtd by L�ndK aoMd Ih�amount�p�nNtt�d W b�hold by�ppAcabM I�w, Lwidw ahW�ceount to 8orroww � ":�:-
<br /> icr 1M ac�s Funds In a000rd�nc�wqh ths rsquk�ments o}appYeaWe I�w.If the tmount of ihe Funds hald by Lmder d�ny �`''��-�—
<br /> dm�b no1 wl�dmt ta p�y th�E�aow ft�nn wha►du�, L�ndar m�y w noUy BoROww b w�qlnp, and� In wch caW Bortowr f• -• � .
<br /> sMW p�y to Undr th��nault Measwy W m�k�up lh�d�dw�ay. Bortaww sh�N m�k�up Ih� d�nc�►In no rtfon thm .:-'�� .,
<br /> lw.w.monlhN ar,m►«ds.a und.r•aa.eY.or.uon.
<br /> Upon payiriwit In IW d d wms a�air�d by thb S�curqy In�tnumnt. Laid�r dW promp9y rMund to Borrowv �rry
<br /> _ � Fundt hNd by LendN. n, une�.►p.ra�npn 2�. �endR s�r acyuk.a s.�tn.�o�wti.��:d.r.pio►to�n•acy�.�uo�n a s.�e - - _ _
<br /> � ot th�Prop�rty, shal appy my Fwids hNd by Und�►tl tM dm�d �oqulaldon a taM�s a andk ap�hst th� surtw��d
<br /> by thls 3�w�Instiumm6 ,�` a��.�+�•_ '_
<br /> ' 3. Appl catton af P�ym�nb. untess,�v�o�nle�w provid�s o�n«wts., aM p�ym�nb ncNv�d by Lend� und.► . .�
<br /> � parapnphs 1 md 2 eh�N b��ppN� fkst,to�ny pnp�ymmt chuye�due undar 1h�Note; a�eond,to anounts pay�6N undr = - � - �--
<br /> I pvaqnph 2:thkd,to Interest due;fouAh,to prinolpd due:�nd I�et. to any late chayea du�undr th�Nota. _---
<br /> � 4. Chsrqas; U�ns.eorroww srwr p.y.r t�xes. �sNSements, aharyas, Rna�nd Imposftlans �ttrtbut�blo to th� '�'°`
<br /> � F �'•.;'�;.-�„
<br /> Prop�ty whlch may�1Wn prioriry over thls 3ewrUy Inetrument, �nd teasehold p�ymenis a qround ranta, If �ny. Borra�var ,; „.
<br /> I shW p�y tha�oWip�tlom fn the m�nna provkJed In p+r�yraph 2, a M not pald In thd mmn�r, BortowK�h�1 Wy thwn an ..
<br /> � ' „��.:-.._.
<br /> t4ne dkeof�y to the paaon owed p�yrna�t BoROwer shiY prompUy fumish to lender ap noticu of unounu to b� pald und�v .�+�-- �"__
<br /> thls piu�praph,If BoROw�r m�k�s thu� p�yrn�nt�dk�etly, Bortowar sh�q PromPtlY lumlth to L�nd�r rocNpU svldmctnp :•_,�: -�s,-_
<br /> lFR tt. u• ?�qr.`'.'ar;=
<br /> 8or►ow�r ahall prompty dachvye any Yan whleh has prlorUy over thla 3ecwlly Inabument unbss Bartawr. (�)�� ",.;:•_,-_
<br /> tn wddnq to ths p�yment of tha obYp�tlon s�wrod by Ihe Gen h� mmner�cceptable to Lender, (b)cont�ts tn qood qNh th� ;:.•��':
<br /> Il�n by,or ddmds ap�Mat onlorcwnant o1 th�Ilen In, legal proceedlnqs whlCh In lh� Lender'8 opkilon opxats to prwent ' ' " r,,
<br /> , tM enioreament of th� Ikn:a(o)��cuna han Ih� hotder o1 tha Men�n aqreement eaG�lactory to Lender subordlnatlnp th� �. `
<br /> Um lo thb 9awrlty Instrumad. 11 Lend�r dNamines th�t any perl ol the Property le eub�ect to�Nen whkh may�tl�tn prloiiry • .
<br /> over Ihls S�eurlty IneLUment, Lenda m�y yNe Borrower a �otke Idet�tltyf�y th�Y�n. 8or►ow�r ah�N wUtty th� Nan a tdc� l -_
<br /> aw or more o1 th��cUont aN toNh�bove wflhln 10 d�ya ol iha yhrinp of notla, !��_
<br /> 5. H�ZM'd or Proport�Inaunnco.Bonower ah�N keep Ihe Nnprovements now�xlatlnq or here�ftK enClld on th� �
<br /> PropeAy Inaurod aqaNqt bss by Are,hwrda Induded wfthln the term 'exlended covenipe' and any other hwrd�, Indudkip � -
<br /> Iload�w Qoodlnp,fa whbh Lender roqukes Insurance, Tl�ls Insuraoce shaY be nwlntakied In Iha amounb ond 1a tho periods .
<br /> th�t L�ntNr►equira. Th�Ineurance cartla provldkiy 1h� Ins�x�nce ahelf be choaen by Bortowe►aubJeet to Lendw's �pprovd
<br /> whbh�hW nW b�unnuon�bly wflhhdd. If Bwrows fNa to m�N�taln cow►age deic�lbad�bovQ, Lond�r m�y. �t l�ndar's
<br /> " , opUan.o6Wn cov�np�to prat�ct lender'a r1yMa In the P►opaty In accordance wtth p�nyraph 7.
<br /> AN Inwrance poYdn and nnewats ahaM be�ccptable to Lender and shaU Include • atandrd mortp�pe dwae. Lender
<br /> ahaY haw ths dpht to hold th� poYolea and renewala If Lendw requtes, Borrow�r shap prompUy qMe to Lender aU recelpta ot
<br /> pald pnrtrume�nd renawd noUoes. In the event o1 loan, 8orrower ah�ll yNe prompt noUce to tM Inauranc�cartler and
<br /> Landr. Londer rtwy m�ka proot of baa 11 not m�de prompUy by Borrower.
<br /> Unkss Lender and Bortower othervvlae ayree In wrliinp, inaurance proceada shaU be applled to resloraUon or rapak of
<br /> the Property darrwqad, N the reelantbn or repNr It eeonomleeNy feaalble and Lender'a aecurily Is not leasened. II the
<br /> re�toratlon a repdr la not economlcaYy fe�aible or Lendor'a aecurfty would be lessened, the Inauranee proceeds aha8 be •
<br /> appYad to tha sums a�eured by thl� Seeurity Imwmant, whether a not then duo, wNh�ny axee�s poW to 8o►rowar. II
<br /> Bortowar �buidons the P�operty, a does not enawar wlthln 30 drya a notka hom Lendx that the Ineuruwe cartlar haa
<br /> oflered to aettla r cWm, then Lender m�y capect the Insuranee procoeds. Lender may uae the proceeds to repalr or
<br /> reaton the Property or to p�y wms aaeurad by thls Sacurqy Inswment, whethx or not than due. The 30-day pedod wW
<br /> ' bapin when the noUce It pNan.
<br /> Unkta Lander and Ba►ow�r othernlse aqree In wrUny. �ny �ppAcaqon at proceeds to pikidp�l ahNl not extend or
<br /> postpone lhv due d�le ot tho monthy p�yments refenQd to In pareyropha 1 md 2 or ch�nqe the �mount of ihe
<br /> p�yments. If under pa�praph 21 the Roperty Is acquked by londe►, Borrowei a�ipht to �ny Inaunnce polkles and proceeds
<br /> reaulUno irom d�rtyw to th�RowAV orior to tM acauisNbn shaY oaaa to Lender to the axlent of th�sums bY Ihls Secunty
<br /> In�tnxn�nt NmNdtately p�tor lo th�acqulalUon.
<br /> 6. Ocaupancy� P�as�rv�tlon� Malnlon�nca and Protoctlon of tha Proparty; Borrowar's Loan
<br /> Appllcatlon; Loa�aholds. Bortower ahap xcupy, estobllsh, o�d usa tha Ropaly ae Borroww'a prindpal rQaldenca
<br /> � wNhN aixty d�ya dlx tha exacutlon of thla Securlly IneWment �nd shW continue to occupy th�Property�e 8orrowar's qincipN
<br /> � rasidenee lor at le�et on�yMr�Rer the d�te o1 occup�ncy,unle�a Lendw othwwlae ayra�a In w�it(np, whkh eonaent ahaY not
<br /> be unra��oru6ly vrithheld,or unlesa exlenu�Ung circumstencea e�lst which ut beyond Barower's control. Borrowe shW not
<br /> d�atroy, d�ye a Mnp�lr the Proparty, �Yow th� Propaty to dalerlor�b,or commlt wastt on th�Property. Bortawer ahdl bQ
<br /> In ddwk M�ny faldtun�cUa�n or proceedkiy, whetMr dv4 w a�hnlnal, Is beyun thal In Lender's qood faflh judqment could
<br /> resuh In fortNtur� ol lh� Prop�ty or oth«wls� m�tarf�lly impaM Ihe Ilw� cre�tod by Ihls Srcurly InsWmant a lender'a eecurity
<br /> Intemst.
<br /> F7J16.LM0 ftOf97) Wp�2 of S
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