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<br /> ''�a`� �"'4 • TOOETHER YYITH al th�k�ov�rtNnU now a hKMfIK �nat�d on Ih� prop�rty.�nd sll w�«n�nt���PPurt�naes��nd
<br /> `" e • � �xturw now a hKMM�►�p�t o1 th�propwtY. AM rpl�owtMnt��nd�dditlons�haM dsa ba cownd by thU 8�wrlty Inswnwr►t.
<br /> , . N ol th�IorpoHq I�nlrnd to In IM�8�auMy In�ttummt�s th�'Prop�ty.• —_
<br /> � ;��-•, :,��{� 80RROYVER COVENANTB that 9arow�r I�hwhiMy��I��d of th� aUt�h�nby convy�d �nd h�� th�dpht ta yrant�nd — —
<br /> ......._ . oonv�y th� Ptopwty�nd thal th�PropwtY It unmaumb�nd, rxqpt ta �noumbnnoM of naord,..Borrow�►w�rtanta and
<br /> :n .;, wl1 dN�nd p�n�My Ih�1NM to th�Propwfy�p�Nut aM oldm�and d�nds�wbJ�at to my�noumbranefs ot r�oo►d.
<br /> : " � THIB SECURfTY IN9'iRUMEM aambM+a unHam Qov�nmt� tor natlon�l us� and non•unMonn oov�nmq wqh
<br /> • :r�.:. • , Nmfbd va�yUon�by Judsdbtlon to aor�atkul��unflam aautNy in�trum�nt cov�inp rMl propwty.
<br /> �:,,:...... � UNIFORM CONBNANTS. Bortow��nd LwidK cov�n�nl ond aprw u folbws: ---
<br /> � 1. P�yni�nt of Princlpd �nd Int�r�st; Pr�p�ym�nt�nd Ld� Charp��.8ortowu�h�Y P��PtN P�9 wh�n ?.�,_,=---
<br /> • , -''"" . dua tha principai of md Ntenat on th� debt evide�e�d by th�Nob �nd�nY prrpaym�nt �nd lat�chvpes du�undw th� � L _'_�`=��='��:�
<br /> ... . „ Noh. —
<br /> Z. Funds for Ta��s�nd Inwnac�.sublect to appuaabie�aw a to�w�tten walvx by�.nd�, Harow.r sh.N wY
<br /> ,�, , , „ to L�nd�r on ih�d�y rtwMhly paym�nis u�due unWr ih�Note, untll th� Nots Is pdd in fuA,�sum("Funds•)lor. ��
<br /> - . t�ca�nd�swNSnwiu whlah m�y �lWn pdorNy ovw thls S�curNy In�OUm�nt�a�N�n on th� ProP�Y N)Y�Y =--
<br />�tx. '. � Wl��nU a yround nnte on lh� P►op�ty.N�ny� (0)YpAY hwrd a prop�rty Ineuronca pr�niums; (d)Ys�rN flood Imuranc�
<br /> ?��'�'� . , Pnmlurru�M�ny; (�)yMrly mort�pe imu�nos pnmlums, N�ny,and(Q �ny sums payable by Borrowa to Lendu in �ccord�nce
<br /> Y��' wrih ih�provlelons o1 p�npr�p h 0,I n N a u o f I h�p�ymen t o 1 m o r l y a p�i n e u r a n c e p�a�ume. Theas RMns aro a�Yed 'Eic►ow
<br /> Y`� � .,r ftMn�' Lend�r m�y, at�ny Um�� coA�at md hotd Fund�in �n amount not to exo�sd ths m�xlmum �mouM a Imder for� �'�:=;�.�i.h«.=_';
<br />�' �. . . f�dKaly ral�t�d murtp�p�lo�n m�y n�Nin ta Borrowe�'s escrow aceount unda ths f�dsnl ReN Esute S�tUem�nt Proaduns
<br /> , :.� ., Ad of 1874�a un�nd�d irom ikn�to Wn�, 12 U.S.C.f 2601 et eeq. ('RESPA'). unless anothsr I�w th�t �pplin to tho Funds ���.:, , ��.?":.'`�
<br /> ; � s�ts �lasw unounl. fl w,LendK m�y. �t�ny tN►�, coY�at md hold Funds In �n �mount not to exc�ed the leeax amount. -_- ..yR rv,
<br /> � Und�►may aWnsU th� �mount of Funds du�on th�b�tf� of cumnt d�t��nd nason�atpn�bs ai apenditunt ol lutun -_
<br /> � � ., Esarow Itwna a oth«wia�In�aaord�ncs wllh�ppYcabk I+iw.
<br />' Th�Funds th�G bs hMd In�n insdtudon whot�d�poelts �n Insured by�Ndual apanay, ImtrumanWNy, or entriy(indudinp �j ,
<br />.: - Lende►.fl Lend�r Is woh�n insdpolon)or In�r►y FedK�l Home Lo�n Bank. Lendor sh�A�ppy ths Funds to pay the Eaorow .;�:..,�.��.-_ , ,
<br />�� �° . � It�ms. L�nd�rnry not ehugs Barow�tor holdlnp and�ppyiny th�Fund�,�nnu�Yy andyzlnp th�ssaow accouM, or verflyinp '��,y;�
<br /> r the Esarow IlMns, unl�s� l�ndw pay� Borrow�r int�nst on the Funds �nd �ppYcabb law pxmit� Lender to maka wah ■ � ;� s ,,,�
<br /> � ohaye. How�ver, Und�r n►�y nquks Bortoww to p�y• one-tYne ch�ry�for�n Independ�nt rnl �aUt�fax repo N ng eerv i c a .����;;;� .�r;��
<br /> ' used by Lender In oonn�cUUon v�ilh thls loan, unbaa appYc�bb law provides otherwise. Unless m �preement h m�de or •�• .• ; ,..
<br /> 0
<br /> N �PpYc�bl�I�w nquita InUnat to 1» pdd, Und�sh�ll not be requked to p�y Barower�ny Intuest a a�minqa on ihe Funds. '?t•%�.t�;:'• -
<br /> � BoROwa �nd Lender�ruy �yrs� In wrMinO, how�w►, thet Interoet ahall b� p�id on th� Funds. Londer ahall 9lve to Barower, ;:::<'�'•:r�,'.3-__
<br /> �'•�7 wfthout chuys,�n�nnwl�oaountln0 of th�Funds, showlnp cndita�nd dsbRs to the Funds and the purpose 1or which s�ch •';�:!:t�• -
<br /> d�bit to the Funds wu m�de. Ths Funds ue ptsdped�e�dditlonN��cudly tor�11 aum�ascund by the 8ecurity InaNument. afi^�*�-
<br /> M ths Fund� hdd by L�nde►�xae�d th�amounle pam�ilted to b�held by�ppYwbl�law, Lmder ahN�aaaunt to Bortower �,:��,y,: ,__
<br /> t • tor th�sxe�as Fund�In�ccord�nce with th�requkanents of eppNcabls I�w. If Iha amount of the Funds held by Lender at any ,�y.�,�;..=�- '
<br /> • '.� 1Nne Is not sullld�nt to p�y th�E�aow Items when due, Lender may so notiy Bonoww In wdUny and, in suoh cas�8arower aeE,,::'__�-
<br /> �� shtll pay to L�nda the�mount nea�swry to m�ke up Ih�deflcl�ncy. Bortow�sh�p m�k�up iha dMcimay 1�no maa than �:;>��� ''�
<br /> iwNvs monthty payrtMnts,�t L�nder's solo dlsoredon. �'��--_
<br /> -_� - - --`--- Upon p�ym�nt h iW of�p �ums s�cured by this 3�curity imi�rool, Lendai shaY pranptty ratund to 8ortorla any =-'"`""" __
<br /> • '' Funda hsld by Lender. II, und�r p�ra9raph 21, Lender sh�R �cquks or aeA the P►opeAy. Le��der,Prbr to iho�cqulaldon a aale r�-:
<br /> ' oi ihe Propaty,ahd�pply any Funds hNd by L�ndar at ih� tlma ol acqulsidon or s�ls n■ u�dlt�palnst th� sums ncurad ��-���—---
<br /> ��- by thle Secu�InsUumenl. �--`
<br /> '� 3. Appl o�tlon of Paymatte. Unlesa appllcable I�w provldea otherwise. All p�ymenta rocelved by Lender under `�7'�'.�
<br /> '•�<�,,.t� „
<br /> , . paapnphs 1 �nd 2 ehd be�ppN�d: Ikat,to�ny prepaymmt chsrqes dua under the Nots; second,to�mounts pay�bt�undar �.°:=-
<br /> ,:•.��...•.
<br /> � puaqraph 2;ihkd,to Intxsst due;fouAh,to pdndpal due:md I�st,to any I�te ah�ryas du�undx the Nat�. •'� ;.,,�,.:.�_-�--•-
<br /> ' 4. Ch�r�i; Ll�n�. Bor►owar shdl pay�II Uucea. osetrssmente, aluirpea, flnes and Impoaldone �lMbuUble to the ' '`• �•�:``'-
<br /> Prop�rty whlch may�tt�in prbriry over thia Secudty Inetrument, �nd leaashatd p�yments or p►ound ronte, H any. Bortower -
<br /> sh�Y pay th�a�obll�dons in the m�nner provid�d In paragraph 2, a H not p�ld In th�t mann�r. Borrow�r sh�ll p�y tMm on ,
<br /> Wn�dlrecUy to ths p�son owed p�yment. BoROwar ehsQ prompty tumieh to Lender�II noUcsn ot�mounts io be pald undK �
<br /> thla puayr�ph. If Borroww m�k�s thoa� psymada dkeot�y. Bortowa sh�U promptly fuml�h to Land�r ncMpis �vW�ncinq - ;•�,
<br /> tho p�ymentn. �Y} �' =_-.
<br /> . Barowar shaU promptly dlaohuge any Nen whloh haa prbdty over Ihia SeaMtty Instrument unlsaa Bortow�►: (a)�yreea '���.-
<br /> ; ' In w�1Unp to the p�yment ot the obligatbn aecured by the Ilen In a manne�ccepUW�to Lender; (b)wnbsis In qood hqh the ( � . --_
<br /> Nen by, or dsfenda�galnst enlorcement of the Ilen in, legal procaedlnpe which In the 6�nder's opinion opwate to prevanl ••ry "=
<br /> th�enforeament of the Yen;or (o) aecurea hom the halder d th� Ilen�n�pteanent e�tls��ctory to LendK subordlneUny the , , �,�-?
<br /> �•� �, Uen to thM 3ecurity Matrument. II Lender daterminea ihat �ny part of the Properly la aubJect to a Ilen whlch may atlain priority ' Y ._
<br /> • over thia 8ecudty In�trument, Lendw may ylve Bortower a noUce idenuryin�ma uw,. eor►ow.r shw aaasy in� Wn or fak� -;x
<br /> ' ' on�or more o1 th�wUona aet foAh ebove within 10 d�ya ot the pF11nq of nodca. ; � =- _
<br /> b. Hazard or Prop�rty Insuranco. Bortower shaY keep the improvements now exialing or hereaRer erect�d on the *''•=Y�_
<br /> y ' � Property Ineured ay�Nist bss by bre, h�zarde Induded wHhh the term 'extended coverege' and qny othar haz�rd�, Ineiuding i � ���
<br /> Ilooda or Iloodiny,la whlah Lender requlros Ineuranco. This Insu�ce ehdl be mainUlned In the amounts ond tor the perlada f �-�-.�:.
<br /> ' � � ih�t L�nder roquket Th� Ineu►ance urtler providinp the Inaunnce shell be choaen by Bor►ower aubject to Lender's approvu T:""�
<br /> :.....
<br /> • � wh�ah sh�ll not b�unre��on�by withheld. It Bonower lalls to m�intain covwnge deaedbed sbova. Landw may, �t Lmd�r's ` � „r
<br /> �. opUon,obtain eov�rpe to proteot Lender's rlphts In the Properry tn eccord�nce wflh pangr�ph 7. ;
<br /> • All insurance policlea and ronewals shaA be accaptable to Lender and ehall Include a atandard mortysye clause. Lend�r
<br /> ' shdl hrve the right to hold the poNclea end renewale. II Lend� requires, 9oROwar ahaM prompUy glve to lender al recelpts ot
<br /> � pald prwNuma end ronewal noUces. In the event ot bsa, 8orrower eh�A qive prompt noUca to th� Insuranca cartler and , �
<br /> Lander.lender may m�ka proof ol losa R not made prompty by B�rrowe►.
<br /> Unleaa Lcnder�nd Borrower otherwisa�gree In writinp. Inaurence proceeds sheN be appAed to reatoraUon or rapak of
<br /> ; the Property damaped. N the restoretlon or �epalr la eeonomicalry teasible snd Lender'e aecurily Is not leaaened. If the •
<br /> -- reatoraUon or repak Is not economicsly leasible or Lender's aecurlly woutd be losaened, the Inaurance proceeds ahall be
<br /> • � eppAed to the suma secured by Ihis Secu�ity Inntrument, whether or not then due, with �ny Qxcess paid lo Bortowar. It
<br /> ' 8ortower ebandona the Pmperty, or does not enawer within 30 days a noUce hom Lender th�t the Inauranee c�rtler h�a
<br /> oflered to aerile �cteim. then Lender mey callect the fnaurance procYeds. Lender may use the proceeda to repair or
<br /> resloro ihe Property or to pay aums secured by Ihls SccurNy InstrumonL whelher or not then due. Tha 30�day paiad wip
<br /> bopin when the notke la yiven.
<br /> Unlesa L�nder �nd BarowK otherwise ayree In w�ling. any oppGcatlon ol proceeda to prinGp�l sh�A �ot exlend or
<br /> paatpone tha due date of the monihly payments relerr�d to in paragraphs 1 and 2 or chanye ihe �mount ot the
<br /> . � oavmenls. II under panpreph 21 the PropeAy Is ecqulied by Lender. Bortower's right to �ny Insurence policlea �nd prxeeds
<br /> 1 reauiUnp hom damaye to lh�Propu�ty prlor to the acquisnfon sn�u pass to Lenoe►to tne exiw�i oi in�sums oy i�is�eia,iiiy
<br /> IIn�Wm�nt knmedlalely odor to the acqulsfllon.
<br /> � 8. Occupancy� PraaorvaSlon, Malntananca and Protoction of the Proporly: Borrowar's Lo�n
<br /> • Applleatlon; Leasohaldr. Borrower sh�N occupy, estebllah, and use Ihe PropeAy �a Bortowei a princlpd resldenee
<br /> wflhM alxly days alle►the execuUon ol thla Securfty Instiument end ahall contlnue to occupy the F'raperty as 8orrower's piindpal
<br /> resldmee for�t leeat ane yoar after the dete ot occupancy, untess Lnnder otherwlse ayrees In writlnp, which consmt ahell nol
<br /> ' be unre�son�bty wlthhetd, a unless extenwting clrcumst�ncea exist whlch �re beyo�d Bortower's cantrol. Bortower rhall not
<br /> � destroy, d�mege a imp�tr Ihe Property. �Yow the Properly lo deterforate. or commlt wasle on the Property. 8orrower ahaU be
<br /> In del�uft M�ny fodeiluro ectlon or proceeding. whether civil or crimind. Is begun Ih�t In Le�der's good 1�ith �udpmenl could
<br /> resull In forfNtura o1 tha PropeHy or olherv+Ise materlslly Nn�alr the IIe� created by lhls Security Instrument or lender's security
<br /> klterest.
<br /> F1Jt8.LM6(tOA�) Pap�� 01 s
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