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<br />' �� �a`LYQ�I��i n,�, � _ �IS��_�y:� - V,i:'
<br /> 'IYIGfiTi�WITH all the imp�vements now or heieaRer erecte�on tS►e gza�x�ey.tu►d al��as�an�°«�;,.apgmttets�tses.and s:c�`:. - "r�:•,,�y-
<br /> .r, �� ; � _
<br /> fuaa�s�ow ar heee�fler a part of�e prog�rty.Atl repl�ements gnd as4dilinns shu4t alss be cava�ny th3s��ariry�cm,me.�r :�� ..�-_
<br /> A!1 of tFt$far�gomg as refeaied to m t�is Secasity tnstaumeat as the"Fro�rty." , . -
<br /> HORROWEFt COV�NANTS tha3 Buirower is Iawfi�lly seised af the e�m h�u canveye6 and das t�e righi tfl grant and . ` •�, . . ,
<br /> oonvey the Peopaty �¢d thas th�Prop�ty is ume�cumtseacd,exc�t far er.curu�of moorQ.�s�ra�ler w�rants aBd�n'!1
<br />.. defea�d�eaerally the�tle tn the Prape�y agaii�st all claims mid demands,subjax te any e�mbrances of recard � '. .�
<br /> TFIIS.SECURTIY 1N51RUN�NT comb�es unifoim cov�nts for ciaiional utz ard:�tta-��ctificr�coven�is with limi�ed • _ ` =-
<br /> 'i wariations by,pnrisd�ction to oonstitr�te a an�m sec�ity mstr�e�t ooveiveII real�ape�6y. , , • ' � <
<br /> Z3NIPORM CO�IANTS.Baaowea and I�ea oove�nt and agma as foifaws: . ,.
<br /> _ 1.Fay�eent o4 Prinrl�sl�d Yci2erFS�Prepaymen3 sad I.�t�CEnrge� B�erowar s.�n�t �mi�i{:i F3Y a�hen due th.e :: �°•, . , . ,;.,
<br />.�'; piistr�pa!of aad intuest oa t�debt evid�tsy tha Note and aaY P�P�eat aztd Iats sTiu�es�n und�v t!�1Vo9e. �; ,.. ._ � _ -
<br /> �.Ftimds for T�e��l InSms�se. Sub,�ect to applicabte tanr aa to�r�ri.�a c�ivar�n,c i�der,Bo7mwei shall pay m .-.
<br /> . Leudea on the day�aonthty Fa1•ac�rs a�e due under ths Not�.until t'wa Not�is�rt i�futi,��rt(°F�ds7 far:(a)Yea�l}+Cazes ��.r���� ••-- �'�
<br /> arl C z ��,., �
<br /> : and ass�ants whi6h may suain priorrty over this Seauity Insuarnent�u fimi�n the P�c�oP�Y:(b)Y�Y I��D3Y�� ,:,:) - - 'j.;`.,+' �� - -
<br /> er p�oimd�on t�ee Pmperty,if any;(c)Yearly h�d ar piopaty msL-r�scz praaniutns:(d)Yearly fl¢ud is�sur2stce pyeani�rs,"rF . _ . ' , �-��.
<br /> �Z♦k..Y� •.v�aerr.
<br /> �Y:(e)Y�Y�S������Y•and(�any sums p:ryahle�j 9�sr,rswer tv Le�der.m��tlzace�vi�,tf�e X� -
<br /> grovis�ons of pa¢agrap6 �,m Iieu of the �of martgage�aa�tm�.3�z iisa�s m�w�1ed "Escm►w ItPms.° . ,
<br /> T�—'-e:�-�--'-.--
<br /> l�eader may,at any ume.ooI[e�a-�kold Fim�s m an amouni nat oo era�rl the ma�imum Atitaant a leted�er far a 1Fe�leesally related •' . � • � '..
<br /> mart�age inan may reqnire far Ba�us,rer's escrow acco�t�der the f�R�1�ate Seutament Fraoec�.�rs Ast of 197a ag � ', . . -
<br /> : . .;�::.�::-
<br /> ` ame�ded from tum t.o ta�,12 US.C.Searon Zb01 et seg. ("AEST'A°3,unl�ss��no�iter 1aw t�at applie�tn the F�s Eets a� !.�.���;
<br /> ;_�' �a�t If sa.LFa���,at�y time,oallect,sd hoid Funds in�amnunt r,�t tn eaceed the tc�r asv:��t.I.�er usay ---
<br /> �timar��ise amo�mt dffimr�s diae oa the basis of�t data�rt r�Anble estimates of e�ues of�Eaacm Ts:ms or , ----- �'''-
<br /> otheta+ise ar acoa�da..'-��ssF�applit�bl,e law. _ ----;
<br /> oar ;°
<br /> 7De Fands sh3U�(sr�ia an msiimIIan whose deposits arz insr'�d b;r a fet{etal agency,ms�neatatay,�eat�q Cr�u�n8 y� ��
<br /> I.eade�if Ieader��t.�a�m)ar m�y Fed�al Hnme Yaan.L�ank.lLr,�det stiall apply the Funds tn pay t��scsow . '�_-���:� _:
<br /> ,yi� _ � �.=�...�-�r�w�c.
<br /> Items.Lcud�may c�dbar,�e�orrower for haldiag aud applying Yaa F�ds,annatrIig mtalyang�lte escmw�at,or verffymg ,,,��',,a
<br /> dce Esaraw I�ms.�°°„a.��dea .8�rower in�t an t�te Furtdrs and ��-`- .
<br />� ',� pays agpli�b2u!�pPa�iis 1.�tdEt t�rust�sacb a cha�ge. ,: .� � ,:�,,- .
<br /> ..�• However,Leader may requfra Bam�nr to pay a on�tune ctmr�a f�r an mde�dent xcal r�tnss rax regor�g servire ased bY ;..�;'�����,..;,:.,�:,.;"'i�.;.
<br /> L�d e r�n o o n a e c�o n w i t h t ti s t a a n. t m l e,s s a p p l�C a b l e l aw gso�r's dtra m 3 t e i a v L 9 e.U n t e s s�agree�ent is m a d e or app l i p b l e J aw ,�r`�.L <` �..
<br /> ecno
<br /> reqnims interest w be pai�,Leuder sbaIl nat be re�;.ued tn pay B+arreu�er�y a�terrsc or ea�nings on the L��ds.B�rawcr aad , .__.�.. ` . �;, .
<br /> Leader may a�ee In�,�ug,howevez,thai'mt�est�be g�d Qn the�uada Leader sball �� �:�' '
<br /> , L a ee give to BoAOw+�,ar�iwnt c6arge.an .�,,� �r.�
<br /> anaual ao�g af tRae Fands�,showmg crodits artd de��s tfl tho F�ds and the pucpose far which each�it tn the Faads was �T•-. . ,��-< ..� ��;�
<br /> �+. ..�.: :r-;
<br /> mad�The Fua�s are pledged as additsanal�1}►for aU sams sostu�bY tbis S�itp i*�s��� _. . . . , _-
<br /> If t;:u�t'�ds Aeid by Lmd�exaeed the amounts pe�itta3 tr�fe�ir�]d b : ' :. .;:`�t:� �.-�-.
<br /> Y eDPlicable 1aw,I�r�er st+all aocauni to BornRat�rGvr , �;• � . ''',, �. �
<br /> the�l�,snsfa in�d�ace witb the cequ�emeats of�p3i�I�iw.If thz aucount of the Fmnds hetd by I.eade,r at any�e is � . ,'Y }���? _ . �s� —
<br /> not s�.�zcns o�psy L..�w�r ow Items wheu di�E.ear�.,�s r,�ay sa�;�}+Bumac+r�i�w�it�uB,and,an sacb case Haaower shall pay '' � ���:•.-a w�s� '•'� �
<br /> .. to Le�',�er the amo:�z m�y w make�thP�"ac�cy.;IIr,�wPr shaSl�ap the�cy �nn�e thaa taelve "` 6'4(���Y:'"'��tx ',��%`"�
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<br /> � Up�paymeut ia faD of ari sams sea�ed by this S�i�meut,I�endu sbaII p�i�rEfimd w B�row�amt ir'�ads � 's}f; .`_. .�:�` : =_`_
<br /> held by I�eadc�r.If.�paragrapb 21,I.er�d�sLaJl r�uaa ar seti tLe peoperty,LEader,Fr�cr ro the acq�.�ilioa oe sale of t� �` ��' � •�
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<br /> R o p e r t Y.s b a D aDP 1 Y�3'F a s d s 4 e l d by Lendes at rlse v�ne of acquisiCion or sale as a cazd9t a�m�tlie s�seauod by this .��" <"s}���..,_ti•,
<br /> • . Security In�'aum�ent , .� ''��'��'. ���
<br /> 3. 4coti�of Pa '��.',s�..�`RO,;- _
<br />. APD� 3�mfs. Un3ess apQlic�ble la�+ptevt�s c�therwis�all payments�ave�by Leadrr andcr ps�a�aphs �`��'�"s-. �.
<br />, � 1 aad 2 shari be appL�CA:fas�to any prepaya�t ct�es das�the Nate:second,Lo a�ca�tv payable imder p�a�b 2; , ��. �� .. .
<br /> thfi�,w miaest dce:��".sth.to�aD due:and 1ast.to aa��Ja:e�es due�tLe Not� m er .� . . ,
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<br /> A.C�t�;Lie� Bamwa sball p�y aU tss�.�+�ct�arges.�s aad imposioions at�'butable o�t6e Propaty l�." ' j;,.,Ss;� ---
<br /> . w5icb may amm prs�o:ity ovu this Saciuity I�azd�1d paym�ats az gmuud mats.if say.Bopmwei s0all gay t�ese -:.�,,,.. •: ._ ;''; . ::�
<br /> obug�tians in tLe mawaer gmvlded in pa�aph 2,or r�Qot Er,�i�tbat maan�,Bo�mwer sBal�pay them aao tune dltec�Iy w the .:. �; ''��..;:�;,,�;,�,:,.;�.-,. ,;
<br /> pasan owed paya�ent B�rower sh�l1�Dtty fa�'� ss Erffier�no6ces of amo�mts ID�u i?s paid ander t�is pa�a�apD.If ';, `� •,.._.
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<br /> saaowrr m3kes th�e pa�nB air�aly,swmwer�i�mg�ty rnaaish w Lend�zeceipffi evideacing me paymeata '�"';.�..�
<br /> : Boerowet shell P�P�Y di�c�8e eay lieu wbidi[a�primiiy aver this Se�auiiy Insuument�3ess BG�wer:(a)�ees In - '''�' --.
<br /> am6ng m the paymer►t of the obli�Fan secared hyF 11t�li�in a ma�er aooeptabSe to I.eodei;(b)oonte.sts iu Bood faith the liea .� �
<br /> by. a defet�dst agaia.�^t ea€�t of t6e lier� m.ie$sil p�oeedinga wluch in the Lendc�s apinioa apeata to pse�:ent the - j '`�-
<br /> enfae�ar,nt of the lir�:os(c)seaues fmm the hWder mf��tIeu aa a�eemeat satisfacxary o�3�dea sn6ordmating tT�1ir.a to �'�� .�� �.'
<br /> @dv Socruiry Instr�ut If I.eader detammes thai�ay ytut af tha t�mpe.riy is subject w a�w�ich may attain priarity avr�thi9 �-:;�-�,i;=r: . ,�'-
<br /> • Security Instrument,I�may give Baaaw�a na�ideatifyfig t6e lka.Borrawer sball sa6sfy tLe lim at taice one ar emoe �' "-��"`:: .-- ��
<br /> of the actions sQt f�nD�se a�m 10 deys of the�ivin�of anziae. ,� -��_,;.:_: �Y a�f,'.
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