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<br /> '� 'I�EI'HF:It W1TH all the i�mv�eats now or hexeaftea eaec�d on t�propeaty,an�all easemegts.aDPu�t�na�ces,e�d `. : ; -
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<br />, ` f�naw uz d�aft�r a p�t of tb.e�¢spepty.All replacements aad addiMOns shall atso be wveaed by�his Seaui�r 1ns�um�.t ; f . � _.. _. -�
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<br /> . . All of the fu�egoing Ls refened t�m tais Seauiry In.�nune�t as the"Progertgr." � � � � -
<br /> < , �ORROVYER COV.�Ns1N'I�ti�2 Betrower is Iawfi�IIy seised of the es�te 8aeby oonveyed and has t�e right w grant and � • ,_ � ---
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<br /> convey Qta PtQp�Ey eud thal the PeapeSty is rmeaaaunberPd,excega for e�a�xc�biances of reco�d.Bflssovrer wa�rants a�d vs►iII ;:�`,�-�,,-`�,�. � .. .
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<br /> ` dzfead gene:aliy the aaIe to We Pmpat3►agafonst all etaims aad de,�ands,sab}ea to any eacu�br�n�es of recard. •''t;,:, : � z. "r
<br /> TEIIS SEL'iJRITY INSTYtUA�N7'oombmes unifoim crn+enanats for narional us$and non-unifonn covea��s with limited �;''`��•""��`�+�"-
<br /> variations by j�isdiaram t�constiWte a uaifoam s�curity�shumeat cav�g real pmperty. - . , . , "'""����
<br /> UN�DIdM COVENANTS.Bmrowea&ad I.ender covenaat and ag�roe as follnws: � ,
<br /> 4.F�yetea4 of Pef�dg�i aad Tnt�eSt;Prepa+yment a�d E.a4e�t�s. Borrowes shall promP�Y PaY when due t�ee � . �
<br /> _` �ci�ai af arcd int�t on t�x debt evide�►c�by the Idote aad a�Y�Y�at ar�1arE ch�s due�i ths Not�. ,--=�r-'.=_; :; '�
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<br /> • Z.F�i�c's[cr Taies�aai It��'tareaoe. 5ub�ect w app}icab'e la�� or w a vnitten waivea by Lendra,Hcurovrea shall pay tn t • . . _'�°<. V._
<br /> Lender on the daY��Y RaY�tv are due ua�ar t�e Not�.u�til�No�r is paid i�full.a sam("Fworls°�far:(a)Y�rIY taxes - -_ -- � ��-:
<br /> _- aad asse�neats whicb may atta�psioiity over ttis Sec�ity Insauraeat as a 1'v�on the P�ogeaty;@)Year1Y l�old paymeuts _��:".:� �.:- -
<br />� or gaonnd reats on the Pmgeriy,if anY.(�)Y�Y hazard ar pmpe�ty insivance premi�(�Y�Y���P��� �� ��.
<br /> anY;(e)YeariY mo�gage""a"'�,s=pT�►iums,�f any;aad(�aaY sams 1�aYabls by Bnirower w LenQea,m zccardance w�rL the `.�c�;� ,; ,`�
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<br /> provisions of p�h S, m tieu af tbe pay�eris of�ortgage insura�ce prem�ns.ThPSe items are called"ESCrow Items." ';`��. `�, '.',;
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<br /> . t.e�aer m�y=at at►Y time,col�ect and hQ�d Fvn�in as�aieount not ffi exceed the ma�cimam aawunt a t�der fQr a federally relatEd �<>k;;.�.: `� .,.•�,
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<br /> ¢sdrtgzge Ioan may r�qu�for Borrower's escm»a,ccaa�t under the fedesal Real Estate 5eulemeut Pmcediues Act of 1974 as ��,�x,�,� . � `•.;•,� , .
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<br /> atuended fram dme ta wne,12 US.C.Searan Z6�Il et seq. ('RFSPA'�.um�ss anoiher taw that a�plirs to tha Fnads sGs a lessea , . ur...�--�.
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<br /> amo�t If so. I.eader may,at�y�e.callect and kold Funds m an amaunt aot w exceed the 2esse�r amaunt.Leadar may �,;..�-.`� . "�'��:
<br /> esmmate the amovnt oY Fimds due�the basis of�t d�a and reasonable estimat�s of expendimre.s of fi�ue Fsriow It�s or c �.�,.,�:: -
<br /> � othcrwise ia acxardancc�vitb applicable law. ,or mcIad'm :'°.*`'�tibFr r.£`�Y;Pc_� _
<br /> � 'I3�e Fimds s�II bc held in an insdtution w6ose degosits are�by a ged�eral agency,inst�umffitaliiy► e�titN C 8 -=--_—
<br /> I.e�des,i�l�eada is sach sn�)or ia any Fedeaal Hume Lo�B�.Leader sLall apply the Faads to pay the Fsgow : ' �=f:: � .....� �_
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<br /> . - Ite�s.Leader may nat cbarge B�rower for hold'mg and applymg ti�e Fu�ds.ananaltY�Y�S the es�ow�ocotmt,or veaifyi�g ; �, ° `�--
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<br /> . the Fscaow Itea�s.�m2ess I.mdca pays Bormw�inte�t an the Funds an�appli�abLz lav�geimits I.e�der tn malre such a charga �.�s���'•�'.�:r.. �'�,-_j.. .
<br /> � However,Leader may zequtn Bonrower oo pay a on�tmae ci�arge for aa indepeadeat real estate tax re�;�sesvice ased by .?��'�'�, . ,s,, �•
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<br /> Le�der m caanection with this kan,aatess zy��able 1aw provides oth�vis�Unless an�greement is�or applicable taw r� `�i,� .��,.�_.
<br /> aeq�es mterest w be paid,Lxn�sAaU not�e�r�ed to gay Bo�ower mry int�st ar��oA the�nds. Borcower and -�-�-����°=-1-�•'`="'`=--
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<br /> I.rnder may ag�ee m writing,hawever,that intetest sball be paid on the Fonds.Le�ader sball give w Bauav�ea,wit�om cb,�ge.aa ��•., ••�1;�`';,
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<br /> annual�ccounting of the F�mds,shorring c:edats and debits t�the Funds and t�e pmpose far wtuch each debit w the Frmds was 1�: , . E.�:. �.;
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<br /> made.'[Ue Fands ar�piedged as additwnal se�1Y for sil snws serured by this S�Insuumeut �
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<br /> � If the Ftmdsl�by I.eader ea�ceed the��s permiUe�to be held by��Cab2e faw,l.ea�zr shall aoconni oo Bn�rower far ,.�.�.°.` � '�;;� rt�;€:�:"�-
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<br /> the excess Fmids m�sxordance with the r��ts of agplis�b2e taw.If�he r�mount of the Funds held by I�a�r at aay time is `.'.�,� �'�"'„�.---
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<br /> not s�uiea�t t�pay tte Fscmw Items w6en dee.I.eadea may so aotify B�+ar in vvridng,and,in such c�e Bomower sball pay � �;,�::�„�•����� ,
<br /> ta I�oder dse ame�unt uec�ss�p �ma�e up d� defu�ency. Borrowes�£: .yake u�t�de�cIeacy m no mo�tl�n nvelve ..`F srx�}:. •r_-
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<br /> rcaa�l�gay�rs.az Lender's s��c��Cnedon. ,,�'�; , _
<br /> - UDaa Fay�e�t ui fiill of all suQSS � �bv�s Secarity F..-suume�c..:��:lra shari promptIy refund w Batrowcr sny F�mds --,.?��,-.'__�
<br /> t�l�by I�der.If,ander paragraph 21,L�r�i����acquire�sell the�1y,Lemder.Prior w the acqwissitinn ar saSe of the .`�;�
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<br /> R+�'ertY,shaU appIy aay F�ds tdtJ L^�j L�.ir��14tie dm$c�ecquisioion or sale ag a cdedit a�ast tha s-�s sec�aed by this "� y� � --
<br /> S�usit�r Insamweut :�
<br /> 3.Appticntbn ot P�yments. 4�i�ss��' ble 1aw pr�v�othcaw➢se�atl paymEnts�ceived by Leader�y�ag�s _�'�.`. :�."-
<br /> � ��t 1 and 2 sl�all be applied:8rst,to a�y pre��lvnant cbarges due andea the�ote:secaad,to amoimts gayable under para�aph 2: --
<br /> , third,w intaest due:fonrtb,to p�rmciyal due:a��ast,w mry late ci+arges aa��We Note. =• .� . . --__
<br /> , 4.Ch9rg�;Lieae. Barowa�".311 pay all ta�e,v.assa�saen-�+,c�ac�as.fincs and imposi�ians audbutable w the Pcapeaty '"�,:.. : ,.: . ''-- _
<br /> .. whsch may ai�m psiorit�►ovet��C�arlry ILStrame��aad'rc�old pay�ents or�Oactd r�ttc.i�aay.Baaowa sbaII pay these ;:„��''�'��� .
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<br /> .. obbgadons in the mzaaer provi�ia p�uag�ph 2.m if not p�x3 tbat�'*w.er,Bo�mwer sball pay Ihe�aa dme di�ectiy to tbe ;`°�,'��'�;`;•-;. . ..�..-'
<br /> • pason owed paymeat Horrow�st�all pr��tly f�ais�to I,eader all caui�Ls of amo�mts to be paid�&r this pat�rapb. I€ t;.�.f --;,
<br /> � . Boraowa maYea thes�payneuts directly,Bom9vmr sha11 promptly f�nish L�C,ra�da reoeipt�evtdencmg�te payme�ts. � .�•,4F �;�,<:,.
<br /> .. • Barower shall promptty disciiarge any li�whicb has Driority over t�Securiry Inst�vment unless Batrowea:(a)a�ees in � .�..f?;',�;..
<br /> . wair,:�a to the paymcat of the obligatian sec�tce�by the liea u�a m�ner soceptable w I�e�Wer:(b)cantests in good faitm the tien `�,.=�.
<br /> � � by, ¢u defeads ag,ainst e,nforcemeat of the !I� m, legal Psoaodin8s whlcb in the Leader's ap�uan opaate to prevent the ��;�,r�. .:.� , , '.� ��"
<br /> . e�farcemeat of the lit�n;or(c)ses�ues fma�ttte S�old�of tha lieo an ag�mP.�at sati.dactary to Lendri subord'ma�ng tl�e tiea m _ _���
<br /> this Secarity In�t If Leader detrsmicae�4�ut any part of the Prope�,�u�•snbject to a lien whicb may ttuaIn priu�rity aver�is _ �,`�.....���.
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<br /> � Securiry Insd��c,l.end�may�ive Be���ar a nadce id�Utifyu�g the�ie�.$oaower shall satisfy the tien ar taice one ar more --
<br /> � oS�Ca acti�as set fottb above wu�idr.3U daqs of'the�g of aodce. . .. . .. . ._ ,�
<br /> � Form 802o OJDO ,.. • s� , � , :.:.
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