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<br /> '['Ot3Ei'Ei;81t Wli�i sU thr. ir�rovc,:,P:�v aow at h:resf�,r aecyec!an the pccy�rtY�wrul�ll csstmuits,e�pFurun�sc�s�and _
<br /> fixtws Gow cu h:maft�:a put af the IxopcnY.All rcQl�cane�s:�uul additior�chall alw be co�•cred by thu Sa;ueity Ia:�uinaiG r
<br /> /Ul OI Ii1C Iw�cguiiij�1�iuu:�.�1 w:il:11:.:�.�'iL•eij'It19ii+ilT!C�?I R.c 4F►+•"P�o�tY•� --
<br /> BORROVYER COVENANfS that Borrower is Liwiully seised of the estau hcreby conveyed and hac the ri�fit tn Qrant and _
<br /> convey the Pro�,�t�a�d that the Proprrty i� ucu.ncumber�d. cxecpt [or encumbrances o: record Borcowa warnats�uf wiU _
<br /> defend geaerally tha title tn the ProPa►Y a8�i+zs:�11 c9�ims:asd eiass�ssds.subject Uo�ny e�cumMr�nces of recoal. `
<br /> TH1S S�CI7RI'I'X INS7AU11+�NP combines uhiform covc�ts for n3tional usc and nan-w�'orm covcnants w�ith liu�itod �
<br /> variatioas by jurisdictlot�to ca�stituu a uniform sxurity insuunx,nt coverittg rcal propatY• -
<br /> UN�URM C(DVENANTS.Porrower�ul I,ender oaver.ant and agicx as follows: whc.ti dw the -
<br /> l.Poywsn:ot Priacl�l and Iatcresti�PAYmene and l.ate ct�es. Borr�ower shall promPi�Y PaY --
<br /> P�ux;�sl of a�ul inter�.ci on the d�bt cvidecyccd by the Note and anY PrcpaYcnent and 4tc cbarges due under i!u Nnie. _
<br /> 2.FY�nds for Tpxe�and Insarxnoe. Subject to applicable law or w a wriuea waiver by Lencler, Borcower shall PaY to _
<br /> Let�der on the day monthlY WYmenu are due uader tbe Noce,untll the IVote is paid in full.a sum("Funds")for: (a)yearly taxes _
<br /> and assess�nents which may sutain Priority over thic Socurity Iastrument as a lien on the propaty:(b)Yearly k.aseho3d PaYmeats _
<br /> n�surance premiums;(d)Yearly t7ood insurancc Pretniums,if `
<br /> or grouad re,nts on Bie PropeltY.if any;(c)Yearly Iw�erd or propertY�
<br /> anY:(e)Yesr�Y a►�B�Be insurance Premiur+u.if aAy;aad(��►Y sums PaYabk by Bortowe�to l,e,ader.in occord�nce with the �:
<br /> provisions of py�teph 8. ia liw of the paym.�t of mor�gaga insuratx,e pm�niums. 'Ihese itcros az�: �alled "Sscrow Iwns." _
<br /> I.eiuler mey.at aay time,cal3oct aud hold Flinds in an amouat oot to exceed the maximum amoant a l;auier for a federilly related _
<br /> �„�..r�aon k�n m�y raquire for Borrower's escrow accoant un�i�.�r the federal Real Fistate Seulersu�►t Procedures Act af 1974cas _
<br /> acaendod frnm time W time.l2 U.S.C.Section 2601 et seq. �"F.�iSPA").uniess atsoti�er iaw tlwi a�i,ci�t,`w Fuud��:,t.,...�...V. _.
<br /> amoua�If so.l.ender may,at aay time,collect and hdd Flus�s in an amoum not to ea�cad the less�s anwuni.I.eader m�y =
<br /> estia�ate the acnount af Funds due o�the basis af cuneat data and reasoc�bb estim��of expendimres og fuuue Escrow Iwns ar _
<br /> otlxs��ise in aaotdance with aFNicable law. --
<br /> 'YLo Funds shall be deld in ara iastiwtioA whose depo.dts�i,wueu by a;:.d�"p3 ag.:.:r.ia.:..^�usr.caL�Ii�y.c►*enaiy(i�l�ding _
<br /> l.er�.�rr,if I.eader is sueh an ias�wtioa)or in any Fcderal�iome Lou�Ba�ilc. I.eauler shaLl apply d�Funds to pay t�se Bsccow -
<br /> Items.I.�nder may aot chzrge Bamwer foc holding and aPWY�B�Funds,annually aa;Iti•xi�g tltiee csxow accouat,or vaifyiag `
<br /> thc Sscxow Itea�s.unkss L,atder paYs Bo�mara interest oa the Funds�ud spplicable 1aw pamits Le�3�W make such a charge. _
<br /> Howover�L�eader may requlte Barowec to pay a one-tnne chugo for an inde�de�►t real estate ta�t reportiilB service used by
<br /> la�der ia coaaoctioo with tdis lo�o,un3ess a�plicable 1aw gxovides otherwise.Unkss aa agt�ement is made or appvca6le Iaw =
<br /> requires inLSrest to be ptid.I.essder shall twt be requitod W PaY Bortower aay inttrest or eamisuts on the F�.Boimwer aud _
<br /> LRndes may agroe ia writin8�however,tt�t iaoa�est sl�aU be paid on the flu�ds.l.uld�r shallor w each ckbit w t�he Futids was
<br /> sru►ual aocounti�8 af the Fl�acZs.showiag credits and debits w ihe Fw�s an�ttie putpese
<br /> m�de.'tttie Funds 9ce�+;�ai as�3didonal�eenit}►for all sauns secural by tIIis Socuricy Insuument
<br /> If the Fwids he3d by L�ade�ex�,eed We�awiuits pamiued W be t�eid by opplicable Iaw,l�euda shsll a�o�t to Bomowa for
<br /> the euas Fwrds ia xcocd�oce with the requ�ts of rpplicabk law.If tde amoant of tbe Funds 6e3d by Leader at aay tLne is
<br /> '� aot�t w pay the F.srmw Itaos whea d�e,I.ender may so notify Bocinwa in wri6ag.and,ia such ca9e Bort+ewer sl�l]PaY
<br /> 0o I.eaBa tbe a�nount nx.es.s�Y w ma�e uP!he deficiwcY. Bomowa st�all maice up tLe deficia�cY ia no wore tt�a tw�lve
<br /> mmthlv u�ymesst�.u I.endK's soie discreti�n. .. . , r.�.�;a E�,�.���►�Q
<br /> • Upon�yaxat ia ful!of all smns sa.und by tels Sectvity mca'm�au.I�c�+�a++�+s v��•r -.
<br /> 6e3d by I.ezsda.If��adrr Ptragrapt�21.Lenda sl�a)l acquire or sell the Prope�tY.I.ead►7,Prior W tLe a�luisitioa or sale of tbe
<br /> prope�ty, s6a11 apply any Funds tje3d by L,eader at the time of xcluisition or sale as a crodit agxitut the sums secured by tbis
<br /> . ��or w�mb. Unkss applicabb law peovides otheta�i9e,all P�Ymeats roc�ved by I.endei�md�s�
<br /> 1 and 2 sba11 be apptied: f�.to anY prepaYment chatges due uncler the Not,e:secmd.to amouats p�Yable ander p�a�x;
<br /> tt�d,to iat�aest due:fautb,to p�iacip�l due;aad 1ast,to�ay late charges due undv tbe Ibta
<br /> 4,CYane�;l.kos. �3ortowet sdall pay eIl ta�ces.ass�t�ts.ch�r8es. fines and impositions attn'bumble w ehe P�opatY
<br /> which may atnin priodty ova this Soc�uitY Instnimeat,ood leasehold PaY�u a lii'���•��mD.Boaoaer shall pay these
<br /> , obl;g�tioas in the mannur pro�►naea io p�agnpb 2.a if cot ptia in tl�at m�na�,samwer sl�alt p�y the�oo time airoaty w a�
<br /> per�,a oa�e:l{rsyt�i.Botmwer s2�11?�P�Y fumish to Lei�der all motices of ar000tus to be p�i� aader this p�ra�pb.'If
<br /> Baaower malrts tl�ese p�ymeats d'aectly.Barrowa shall poomWlY fumis�w L�ender rexipts�vida�cin8�P�Y�
<br /> �arovvel stwll p�nmplY di9charBe aay liea wbich has pciocity ovcr ihis Security Insuua�t unlrss Borrowu: (a)agrees m
<br /> wr;ting tv�he paymrst of tbe obligation sxiued by the liea in s manna�ccc�able co I.e�da:N)�°°�m good faith tbe liw
<br /> by. or defeads a�iast a,fotr.emeat of she tiw ia. tiegal pcoceodinBs s�Aicb in tbe i.eada's opiaioa operau co preveac st,e
<br /> eafarcemeat of the 1iea;or(c) su�res from tbe holder of tLe liea aa�eat satisfactorY to�.eader subordinatia8 tbe liw m
<br /> this Sec�ritY r"n.,,"'r"' If I�eader deiamines that aoy p�rt of the Propaty is subjax oo a liea which may Wts�in PriaritY uva this
<br /> Secucity Ia�tn�ment.I.aula may give Bwrower a notice ideatifYiaB the liea. Borrov��a stiall sausfY the lia�or nk+e oae or aioee
<br /> of iba�ctioa9 aet focW abov�witbin 10 days of the�vio�of notice- Fora so2t uso
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