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— <br /> _.�..�.�.. r_�e <br /> --r�.� -- --- - <br /> -�, - - - - - - - -----.._.- — _.-=-=__ - <br /> . .,��. -- - • - -. - <br /> - - - _ _ <br /> -----__. -- ----- - <br /> ,� . ,.�:,��.:,�.-:.:.�-,���_a���o <br /> -._ .-,-- - - �� <br /> ��.. <br /> .�.._.. , . .. � , - . .. _. .; , .. , ._. - : - .- <br /> . a:54S'tt}!�__"t.�:.c.._" '" _"'.'.:'-i ._.. ' _ -_" _ ,1____ _ _ _ _—. — .�— i <br /> :. , ... ._. . . --_— _____ <br /> : <br /> v�..w..� �ti.•..�� .. _. .^t _..... .�r.._. _ _ � �_.__._���. <br /> . .. ._ ... .: �:. ., .�.,,� ...�,�a � - <br /> _.��T•,_Y_�� __ _.. ^r_���•�i�1�!a_^st." �� <br /> __ °'—' _. __ _ .. i■ __ 4 <br /> 96- �.�� t��...�5. � <br /> TOaETHEit WI'Ctl�i!tls�e impn►�•�:nwus mw or h�era�titr cre.�ta9 on ibe p►operlY.rn�3�11 u�►�k,:iu.«�s:uc: °^ ' - <br /> fi�►wrt�: now• �•c hercaider r �vut M' the pro�prltY. Al4 re�+lrnun��►u �:l �:Wltloiu sh�li dw br co�er�ct by this Socurity <br /> Ypwrunxyn.A!:uf the f.��rQ►�inp is reFcrrod ta in thia Sec�uriry liWnu�xnt sc thc 'Pc�l`eny,• <br /> HORROW�:R COV6NANTS�tu�e�ucower(s la�fully seicnd uitl�ess+�te hereby cunvey�ed and i�the ritht to�rtne�nd <br /> ��.zn�ty a"� !'n?,x�ty ancl thnt Ihs PrnQe.rty is w�uyt,�wnberal, ezcxpt Wr a�.°unrbr� of rmxrl. &urUwer w•arr�tx �ux! will <br /> �W'ar!�ec�eralt�tkc tttk to tbe ProE+eny��1nst�li clainw uuci�►uixls.wb�cet ta uny e�cumbnu�ces uP i��u�. <br /> TNiS SECUitt'I�Y'1NSSitIfME'+�T�ti��bitu�ttsilfc�nn car•ct�xs fc�f►Wicf►u!usc�ad tx�u•Wllli�rm cttv�twuuA with limlttd <br /> vula►3o[�by juristlictu�n!o conslitule�unifurn�socu�ity ittistrun�eut ca�erin�rc:!F�s�Y• <br /> UN1F()RM Cbv�.NAN i S. Eiortow•er�xi Le�.ue;car:il:itt�i'.t�"."°TCC O.S fOIIQ�►'P' <br /> l. P�}� of f`rind�pal aad Interecl; PKWyp� �d t.stt Chae'�teo. Batmur.r s�2�11 promptly pav wha►due tbe <br /> y�incipal of ani iateres.c�,n tbe dcl+t eviden�a!by the Nute�ud r�nY PrcPp9meat anl lyte chzrges duc undcr ehe Note. <br /> 2. �� [�����[�u.�. Subjecc to applicablc l�w�*. �A writtrn waivrr by l.�ndcr. Borro�uer shal!pay to <br /> i.errdet oa the day wo+�tWY MY�ue ciue uuder the Nott.until the Nute w paicl in full.a sum('Fwxis")far:(a)Yeauly txxes <br /> aoJ asssssments which may atain prinrity over this Socurity(nurument�s�lien on the Pmpaty: (b)yar19 k,asehold NY� <br /> or Oround nnts m the Prc�erty,if any:(c)Ycarly huard or PmP�Y inwrtnce Prcmiw�u: (d)Yeuly ilcxx�insurance Ixem�ums. <br /> if aay: (e)Ye�r�Y��Y�iawnncc prcmiums,if xcsy:u�d(�anY sums PaYable by Borrnwor to Lxnder, in aabt�danx with <br /> tbe pmvisions oi paragrapl�8,ia liw oi the payment of mort�aYa�nwrsxe Prtmiums.Ttsese itans are called'Escrow Iteats." <br /> I.rnder nv�y, at auu;� time. odlect md l�oW Fw�ds ia an amounc not w e:oeed the maxirtwm w�ouN a lender for a fodr,rdl�f <br /> reWed awrt�a�e{o�a may roquire for Borrowtr's escrow account under the foder�l[tcxl Fstatt Sctdemesst Proeodum <br /> 1974 as�une,aded from time to time. 12 U.S.C.Soction 260i tt seq. ("RFSPA'). unlas another!aw tbat applies to tue Funds <br /> sets a lesser amoueu. If so, l.ender may. at swy cime. coilect and twld Funds in aa amount rrot to excood the lesser unoun• <br /> La�der may estimue the anaunt of Fuads due on the buis of current data xnd reasonab{e rtics�tes of expenditures of future <br /> Fsc�row Iteaas w oU�erwise in acoordaooe with applicaale lxw. ts arc insurod by a foderal aBencY• insuumrnWit3►. or e�cy <br /> The Fuads st�all be bdd i»m insticutioa wbose deposi <br /> (ixlodia�I.ender.if l�cnder is wch aa icutitution)or in�ny Fodetal Howe i.oaa Battic.lt��det sb�ll apply the Funds W p�y ebe <br /> Fscmw Ittms. L�ender may aot ctnrBe Rors+ower for holding ard applYinB the Fumds.antwallY�IY�AB the escr°w�u�x.°r <br /> vaifyin�tbe Fscrow Ita�.udas Leadet paYs Borrower iniemt on tbe Fuads and sp�licabk law peta3iu L,�t�da'ta m�ke wch <br /> a c1�r8a Howcver.Lerder m�y re4uire Borcower to poy a one-time chu8e for sa i�depa�dau crsl estatc tu rcpo�tiu$servia <br /> used tiy i.eader in 000nectiou with this lo�n, unless applicabk iaw provides othawise. Udeu aa agtnemeat is tvade a <br /> intaest to be paid.I.eader siull a�t be roquired to PaY Rw'rowa any intercst or esmiags on tLe Fands. <br /> '�"��VM'�� on tLe Fuads. Leader slull give 10 BocmWer, <br /> Botauwa and lret�der wsy�ree in writing.however.tl�ac interest shall be paid for which ac� <br /> witlwut charge, an acwrat a000uatinS of the Fl�nds, showie8 credits aod debiu w tbe Funds ancl the patposo <br /> d►.�bit oo the Funds was made.The Fwds ut plat8ed as�iitional sewricy for all sums secttred by this Securiry Imtr�moee�t• <br /> �l'tbe Fuads 6r.1d by I.cader eacood the amoutus permi,�0od tn be t�eld by�pplicable law.I.wder sball a000unt to Boeravrtr <br /> foo�:�excas Ftends iu s000ai:srtr:c with tl�e roquiremeots.ot opplic�bk law. V tl�e amaint of tUe Fuods hdd by[�tader at mY <br /> tinte is aot wt�x3+mt to PnY tbe Es�row Itaps whea due,Lbs�:eASy so ootifY Borrowet in writing.�fd.Ia sw:h c�ce Bonower <br /> �h�11 py w Le�cf�er the arnoiuit aoe�ssarY w m*he uP tbe de�x�.'�..�'°wer s1n11 maice up the deficieocy in ao moe�e tbn <br /> _ . _ ._. _._�_� __ ..... • <br /> ' .-s�c.ws. -s-...�i...�:.�'.:.'�s. - -.. _. _ _..... s+e�Ylid to HD[f�OM?d'.�_ <br />- -- tiKiv� � ��.�� �y <br /> UP�P�Y� in fuA of sU wms sea�red bY ���;s;tio�a�ai� <br /> Funds hdd by Leoder.If,un3a pira8raph 21,[.eader sha11 acquin or scll the PropettY. I.eader.P4'ior <br /> of the P[opestY.sb�ll�QIY mY Fnads held by L.�.-oder u tLe time of aoquisitim or tak ss a andit a�ain�t tLe wme seats+od bY <br /> tbis SeauitY I�uma�c• maus t�eoaved by I.ader tuder p� <br /> 3.Appibt�OS at A�,7�ea��.Udess .ap�c*seable law provides othawise.all Wry <br /> 1 and 2�hall De�plied: first,to any pre��s�ac char6es due uades tl�e Nae:se�road.to amouats PaYable uoder p�g�2; <br /> tl�,:to inta+est due:fauth,frs�7ri�ipol duo:wd fut.GQ�+ty late cl�ai'Ses due uixier.d�G Note. �k b,7o tbe PmQertY <br /> ' 4.CYr[a+I.�a�• Hotrbwer sball pa��il taxes.ssr�maus, chu;es,fii��'� <br /> �b m�y athia priority ovu this Seaui�.Y'.T�ttcumeat: aad kasd�oSd:.WYm�ts oc St�ou�raots.if tbem 'oa t�m�di�ectiY <br /> t�se ab(i�atioes ia the tnaooer pe+nvidod in p�ra�rapb 2,or if oot pancL in tf�at manuer.Borsower shdl paY <br /> to a�e pasoa owoa pa}+noeot.Bor�ower sl�au promptlY�w I.�t�l noao�s of uno�nt:w be pvia wide►t6is nras�u� <br /> if Horrowa'anka tlxse paym�ts direcdy.Borrower shall�p�c�onnptlY�crnis�W Lader reai�ts er'ida�n6�Ph'�' <br /> Borm�►+a siall promptlY disch�rSe�Y lica which bus,�ioritY ovu this SxurltY In�n�ma�c us�ias Barowa: (�)�� <br /> writis�w the psyma�t of tLe ablig�tion securad by the lier�in a m�c�ooe�bk to La�cla:(b)000tests in�ood faith tlk llea <br /> enfotnwieoc of the liea in. le�al prooeadiugs v��h in the i�eader's opiniw aQerMe t° P�+eveat�3Jae <br /> , b,y, a defeods�gainct W Lendec wbadimtin8 th�liea oti <br /> axf'nrameuc of the lien:a ic):socurrs ftom the bolda af the liea an agco�t�aas�' <br /> i�3:�:Security Inst�ument.lf[.:�sc�er daermim tt�t any�st of the�'mpaty is sub}ea to a liea which may aaain prioritY over <br /> tt�s Sax�ricY i�umeat.lxad�er aoay give Bomower a raciorx ida�tityin8 tbe liea.Borrnwer shs11 s�tisfjr tbe liea artalr�aoe oe <br /> mooe d'the actions set forth above within 14 days of the g:viag of noRo�r-. 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