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<br /> 'POG&TI�Ei WPI7i sD the i�psovetrceat�nrsw�h�eaft�a erect�on the pro�arty.anrA ell easemeaC�.appurt�no�s.� d =- ..
<br /> ` €�pues now ar h�eafter a pact of tha pmpeny.Afl r�lacemeuFS snd udditions shall slso 6e cover�by tbis S�tuity Instiurrie�t . ;��".;:�;�
<br /> Ail of the foiegonng is referreA oo in tlus Sesauity Insavm�i as the"Prape�ty.° , � �
<br /> f BORROWER COVENANTS that Harmwa is lawfully scised of the estate hereby oonveyed and Isa9 the eight to grant and .�.�--._�::�:-,
<br /> • ooavey the Prope�and tt�at idte Fi'apeity is u�eatnmbeted.exoe�i for e�ncumbiaaxs of reoor�.�aimarer aatrants tsrtd will 4 ` . � .;�,;..!
<br /> defe�id generally the dde tfl the Rvpeny again..M sU ctaims�d demands,snbject m any encumbrauaes of e ecord. ��- � �� -�` —
<br /> � 3'HtS SEC[JRITY INSTRUN�ENT cambines anifozm wveaaz�ts [aa naYional ase and cson•nnifarm covenanb�nth limited �'�� -
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<br /> variations by j�ui�dic�on ta oonstimt�a�aifomi seauiiy insmtment cavering real pro�'aty. ' _ .
<br />-- IJTTIIaORM C4VENANfS.Smsower and Lender covenant and ag,[e�as follows: _� _�_ � _ --.
<br /> • �.ff�ymeai o!Y,riacipal pnd Interest:Prspa3Raent and 4ate Charges�. Benower shall P��P�Y PaY when due the � � _
<br /> {ainapat of an�inte�st an the d�bt evideac�d by the Note and any prepsym�t snd late cl�arges due uader the Note. —����-`_a
<br /> Z.Fim�s t�T�es��l Insasrnn� Snbl�ct m epplicabla 1aw or to a wriuea waiver hy Leader.BQmower�4all pay to � ,. ..�. - �•:,.��-
<br /> . I�.r an t6�daY�P PpY��ts�e duz imder the I�iote.unt�the Nate is paid ia fuD.a sum("Funds°)for:(a)Yea�tY�ces � , � .: . . .,;. �.,• : _
<br /> zs�asYesv�rr.mts whith u�:,y atraan priariry ove�tbis Secarity Instrume�t as a tiea on the Pmpeny:N)Yearty Iea�old payments -. � ,s`.;.:� :��.��:.,+;--.
<br /> ar�or�d re�a�tLr Pt�arp°.sry.if anY•(�)Y�Y��GmP�Y insuiance premiutn�(�YeaslY IIoad'msaianse pretniums,if *`�'"�`'
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<br /> any;{e)yeasty¢��atgage�c�uaace psemiums.if'any.and(�anY�PaYnble by Barmwea tn Lender,in accarda�►cc ari�h the ,.,>�:�_. - , . .
<br /> provisians of gaia,g�sp� 8,ia lien o€the paym�t of mmtgage insvrance �rcanitmms. 'Ihese�rans ane called"Esaow It�rns.° •=-'.«�,;..�,.. . ,y� _�..
<br /> - i.eader u�ay.at any Inme,ooltsct attd�oid runds m au�am�t not to eaecad ru�e m�x'vn�amouai a l�dc�iaa a iedaa�Iy sia� r:��-'--=-_.
<br /> sa�gage lo�may��e fur Bozmwer's es�ow socoant andea the fede�al Real Fstate Seu2e��at Prac�Ar,t of 1974 as '���-���`
<br /> ameaded from time w dme,12 U.S.C.Sec�on 26U1 tr seq. ("RFSPA`�,�tess anodcer law tHat appli�s ro the Fands sets a� '��;.�
<br /> .:�='. amnuat If so,I�eades maY,at any 6me,coIIeet and hold Fands m�amount not to exceed t�e l�sser a�uni Lendes may = ;7 v`�„_,�°� .
<br /> es�nrie the amount of Fimds dne on the basis of caaent aata and reasanable estimatcs of e�sur�af fuwre Esaow Items ar �`'':" _-��,.
<br /> a�era'�in a000rdance wiffiapplicabie lavr. r r��°r•�``
<br /> . . 'il�e fimds sha]1 be heTr1 cn an instimtinn a6ose depnsits are insu�d by a fedFanl$;ency.insuumenmliiy,az eniity Cmctud�fg `' - ;v�`�=. -:'`-
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<br /> • t rmrfvs if T anrtvs io c��rh an incrinrtinnl�r in anv Federnl Ht�m2 I.�cm B�tic.Lextdel s6all app1Y the F�ds LD pay the ESCrow �. `� -
<br /> Ite�s.U.ad��r,c�y not charge Boaowei for holding and applying die Funds,annually analyzmg tke esgaw aa�o�nt,ar verifyiui3 -��;�r..�r ,:�: �.�';-
<br /> We Escrow�,�mless I.eudel pays Bmrow�a interest on the Famds and appticable law pea�IIs Leadea tn make sacb a cSiaga. _� ^': ': . �-...��.;.,,
<br /> �-. Yiowever,I�may req�e Bwtower to pay a ano-time cbarge for an indepeudc�t ieal esl�tm�repoRing service used hy -- .:. ��
<br /> Leader in oannecsian witL this toan.anless applirable tacv provide.v otheicvise.Unl�ss an�re�i is m2de or€�plicabte law . . �� --
<br /> � raquuxs�t�st tn be paid,L�ender sball not be reqa�od:t�pay Baaowa any mtenst or esmings on the Fands.Bo�ower aud :`�:%: .�:, - . :�, - -
<br /> LLenider anay as�ee in arrit�ag,hoaever,th•r2 mieaest shs£f�°.paid an the Fimds.Lwder sbaIl���h de6it w�t�etFa�'wir�s . ' '6 ''`j , .
<br /> aunuai aocorur��a of the Fands,shawing�litg an�d�+�s m the FuQds and th$p�upo �;.�-• ;. _,N:,�r. '.a_'. �: '
<br /> .. made.'Ibe Fands are ple�g�ss additional sec�iry far�.s�-.....s�3�17y tt�is S�Insmnu� ,.,,. , . ;• , .
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<br /> f� If the Fan�is heId by 8:�r�mcceed ths affioimts p�a�aW ro�1�a13 by app!Jd��f.:.v,Lender shall acxo�rt:�8armwer for ?; �� °'�* ,:`°. �
<br /> . 1 •tfir r��Faads in aoo�rc�ainae witL t��regairemeat�c��.i�u�.�f ttie a.-riursr,c'f the Funds held by Lr�rlt�at aay time is •�'�' .. `-
<br /> `�`t-�: ��tt�poy ttie Escrow Itt,sn4 wh�due,Lender may so�*�gatmwer in writing,and,m s¢ch case Bormvier s1�1!pay , .,;, ,•-�.
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<br /> �'^. tn ixscd�'i�e��nni neoessary w make ap the deficIency. Bam�s�shail make ap t�e de.�siency m uo mare than twelve '�•. `. �..
<br /> aeEmm�Y pay�rs.atLeader's sole discreiion. „`:.���4=
<br /> . . Uuoa paymens m fa11 flf all sams�ed by this Sticurlry Inst�ame�t,Le�dQr shall pmmptly refimd ta Bouower�ny F�nds '�;,µ. '• �'.. ,.,
<br /> ... ��f9 by Leudgs.If,�u gaia,giap�2I,Leadra shaU acgvae ar sell the Frapanyr.Lender,Psiar w�he acq�isidan o:s�of the - --- -= ,
<br /> . � �P�Y.�1aPP�►�Y��held by L�ader at the time of scquisifl�n oi saIe as a aedit ag�inst the smas secured by this •� .-µ� .�++- ;-�`�'
<br /> __`� s«�uit�►Insuameat _ � _���.�`-.�..;.,;�`
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<br />;:t%s�.:' 3.Applk�tian of Poyments. ONess appficable law pmvides otheiwise.aU paymeats reoei•��'�y�ander pa�L•s . ,a•.�.;°��..�'"'�""'""�'i
<br /> ' 1�d 2�shaU be appt�ed: fust.to any pre�yment charges dae onder ttiet Nut�a�r..d.m am��rable�paiagtapb Z: - ,,,;;�,:: .�;�..
<br /> � � !�iaa,w iatarsi da�fo�,�ta�rIncipal da�and last.ta t�,y Iat$c.l�ges dae tmd�r��to�. . ' � '�`. :_.
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<br /> . ahi�b way atr�im�rioiity ovea tb3s Securiry Instrama�t,aud lr.aseholal payments or ground rt�ts.i�f smy.Borrowea shaU�ay td�e ��.--- ..�;__ _ _-
<br /> obtigatinns;�sft�manne�provided ln paiagrapb 2.or if not paid in ti`.�u man�er.Bomawer st�al}pay them an time direc,ti�t�v�f� ��--'•�"'-'�� �
<br /> � ` awed t Borrower shall m fumish w I.ender aU noiices of amammts tn be aad�this G3 '�•<
<br /> . . Pe�san DaYmea Pro PdY P� P�� �::'.:;.ri, _ _
<br />: �� Borrowa makes tluse yaymeats dfirectly.Borrower sh�I!pmmptty furnish to Lea�receipts evidc�cmg the pymc��t+. � �,`;, L. .,.
<br /> � �+ Bosca�ves shaD D�P�Y dascharBe any ti�whkb tsrr+prioriry over this Seaairy Insuumeat untess Borra►crc�:(a).agae;�sn ���►�-�-�;�.,.
<br />' . � wrivng w the paymeat of tt►e obllgatio�s�;ued hy tha lien ui a marmer�ceptabie w I.eade,�;(b)oantesis in gaod faitb tt�lic►� .
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<br /> l. - bY,� def�ds agaiast e,nfac�ement of idtrc�.iea m.legal praceedinga �i�h in the�.ender's apiniaa operate tn�evec�:ti�s ;_ � , —
<br /> . � eoforce�amt of the 1kA:a�r�s�sec+ues fmm t�e ha�,r c�the lien an ageemea�t��factory to I.ender sabor�aung the liai w �;_ �.�.
<br /> � � d�is Saauiry Iastrumeai.l�1(r�3�dadrninzs that r�a�t�of tho Prop�ty is subj�:�a iiea ahicb may at���nrity over th�s — � ��':,�`�`•,-�;:- ••--�
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<br /> �S�¢rity ins�ument,Ianctra raay give Bamnwer a notlx u9�tifyfig the 11en.Ba�a�er sha11 satisfy the li�c�tc:lr:,one ar¢oie :�•-��:,�� • �"�''�:
<br /> ' c;Qie actia��ntt forth abave within]0 days of the givh►g of notioe. '!�:�'^�.. ,.. . —
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