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<br /> .� � 'InGE'Tf�R WITH all the impmvemenu now or heaeaftea erected on t6e property,aad r�.sements,a�sP�auces.aad .. ' �V , � j"
<br /> � f i x m n s naw or h e r e a f t e r a art o f t he y �� . . . .�
<br />. P P�P�Y•�reP�e,nLS and sdditiOns shell elso be Cove�ed b t11is 5 inctmm�,; .
<br /> � All of the foregomg is referred to in this Sec�uiry Insunment as the"Prageaty." � . . •� .a
<br /> .. BORROWER COVINANTS ihat Borrowea is lawfi�lly seised of the estate hereby oonveyed and has the right w grant and .. ' . " --
<br /> ' ..':t:'=:--
<br /> , . canvey the Propetty m�d that the Prape�ty is imeucumbered,eaccept for encumbrances of record.Borrower wa:rants and w�71 " -
<br />_-- defend geanernlly ihe title m the Propeny agamst aIl claims and d�ds,sub�t w anp eucumbranaes of recotd. � --- - - .�
<br /> THIS SECURTIY INS'IRU.1�fl3T combmes im'ffo3m coveaanu for na8onal use and non-anifoan coveaznt��rith limited � • �;,�.`=.
<br /> , � va3ir.tinns by jurisdir.tion tn cflas�a unifom►sec�ity inshument covermg real P�P�S+- �. "'''
<br /> ,.. ,,;��:
<br /> ---. UIVIPOAM COVENAI+TPS.B�o::�ea and Len�er cascw:at sasl a�e as folt,a-.� ,- .�-. - - = - -- . _
<br /> L l.Payment of Prinapaa!and Interest;!'rePa3+mea!aad Late Charges. BonmNer shaII PromPily' PaY whe� du� the '-� � -` �a�-=`"v`�`-
<br /> principal of tmd'm�est on dh�debi evide�sed by the Nots and any piepaymeat and late charges d�u�undee the Note. - �� �'
<br /> 2.Fa�ds Por Tases snd InsTnrance. Sabject to applira62�l�w ar m a wristea waivea by Leudrr,Boaowea shall pay m �;�: , �..`- °
<br /> �"'..�
<br /> .. I.enderon the :..���-
<br /> day moathly paymeats are dus�mder th�:Not°.,anbl�i�ate is paid in full,a sam("Punds'�foz:(a)Y�Y�
<br /> . 8IId��::TMa W}I1CI1 IDSy 2113ID pltOilty OV@t IWS SBCC�Ity jnctn:mr�-t 8S S I7P,i!O�[b�Fraperty:(b)Yea�y leaseho2d payments ...•..�; ,'� • '=-"°-"
<br /> ar und r..ats on the . ',�,-�----
<br /> . gm Propetty,if anY.(�)Y�Y h�'��P�i��s�°aace m�n;,,,T.a;(�Y�Y Qoad ins�ce pre�i►ms,if --'� '-�-=�=�
<br /> � . �Y.(e)Y�Y mortB�Se insurance pre��,.r�¢,if any;�3(�any s�s PaYable by Boaow�b Y.ender,in asxordaace RriP�tls� • ,_ -..�.�__ �
<br /> -z,� f �.._. ,.
<br /> pmvisi�ns of patagraph 8, in liea of ttrr�paymeni of moitpge msiaance premiums. 'Ihese�s are called °Bscrow It��:" {�;,..�,: '^
<br />. I.ender may,at ar+y time.colIect and ho�3 Funds m an amount not w ex c e e d t h e m�u m a m o u n t a l e u d e r f o r a f e d e r a II r e�ar� �:��:f%•7 ��;'+� •
<br /> • m�ortgage�may requue far Bmrowea's esaow acco�mt nnder ths fede�al RyaL�,, Setttanent Proced�res Atx of 19?�� .,`•`��t��'�`s��':�r 3;.;�.
<br /> time to ti�., 12 U.S.C.Section 2 6 01 e t szq• ('RESP ),�nless�atia�law that lies w the Fimds seis a 1�a '�%�° �'`�,f� ��''�f k`��::
<br /> A" app . ,�aj,�c:��,.=:•�:;
<br /> _": amount If so.Leuder maY, at any�coIIect and ho2d Funds ui an amoffnt not w eaoaed ihe lessea amount LendQr musy 1``',�., E� `,`�'°;;
<br /> �.,.`,,'`.:;`;
<br /> estimatc the amaunt of Fimds due on t�(�s of cupre�i data aad m�onable eshmates of expendiuues of fi�Atre Fscrow I',�es�ar F.:,,=_'-
<br />� ,.�. othelwise in aocordance with applicable 7�. ,. — -
<br /> _-_—:-
<br /> ' 'Ihe FLmds shaU be 6eld in an�utiffition whose��Pse i�..�d by 8 fedaal agegcy,inspNmentat�y,���ty('mcladmg �`•' ' .,..,�.r�;.
<br /> ° Leader,if Leada is such an insamtioa)or in any F�-3�Esr�-�.�T.r,�n Ba�ilc.I.eudrr sLail apply t6e Fffic's�cc�ay the Fscrow
<br /> �!. '� Itaas.Lendu aot Somnwer far holdm sxr tiYre;�ds.annnalI auai � � �:.
<br /> �Y �SE 8 �3'�S r Y au yaing the escrow a��t,ar veiifying .^ � �
<br /> t6e Fscrow It�ems,iu�less Lender pays Bonrow��t��t oa d►e Funds and applicable 1aw permits Leuder w maks sac6 a charge. �:'.�:��� �
<br /> , Iiawever,Le�der may requir�Boimwer to pay a ar�-cu�s charge fur an indc�eudeat real�tax repo�service used by ;�,.�.
<br />• - L�der in connectian widt this 1oan.nnIes4 applirz;.�1�w pmvides oth�wisz.Un?�ss an agreemeat is ma��r apphcable 1aw � •,� -
<br /> reqaires iniele,egt tu be s
<br /> paid,I.enda sUall noi be requue�m pay Borrower any in�^�,st or eamings an We Fun.�s.Bozrowea and � ;�; �.
<br /> Leader may agree m writing,6owevea,that mtrrest shall be paid an the Funds.Lc�td�shall give to Bormwer,without charge.� ��
<br /> , mmnal aocaunimg of the Funds,showjng cradits and debits to th�F�mds and the piupose far whicG�ch debit tn th�Fucds��: :,�..".�
<br /> made.lhe F�ds are pledged as addition�i sc�uity fo7 aIi smns se�aued by tlus Secanrity Insu�rui ! :.•. �
<br /> If t6e F�ds held by Leader exceed the amo�nLS perm�ted tn Ue held by applicable Jaw.I.enda shsll aoco�a�En B�owc��� ` r,.
<br /> • 1Le excess Fimds in aocordance witb the requirements of applicab2e law.If the amount of the Funds held by L.er,cl�at any t�� _ !::i�'�:;
<br /> nat sufficie�►t w pay the Fscrow Ite�ns when due.Lender may so aotify Borrowes in wridng,and,m such case Ba�sier s:�L1�� ��`_-�
<br /> �{,��t.'�,.
<br /> , tn Leada tne amount necessary to maice up dte �c�ency. Bormwer shall malte the de�cien ';.�, , :
<br /> . monthlY PaYme�►ts.at Leader's sole discretion. � �Y�no rnr��ea�ls�� �,�v f,ri fi�;4''�'�::
<br /> � UPun P�►Ymeat m futl of all sumv sc�ed b this S l���.°:::,
<br /> •: .' Y �ItY Instnunent,Lendea shall�nomptly rzfimd to Bcss�ra any Fimds , ,•}n;.;�:"
<br /> . � `• held by Leader.ff,�der para�aph 21,Leadei shall acquire or sell the . _ ,,,,?,�.`,":
<br /> � �P�Y,sball aDPjY�3'F�ds held b Lend�az the dsme of �0� Lender,Prior ro the�cquisitIon or sale of the ,: . . . .:
<br /> . Y acquisidon or sale as a cdedit ag,ainst the s�uns sec�ued by th3s �`f�,�:;, °_
<br /> Sociuity InstrQmeat ,T,;:}
<br /> � 3.Ap�licatton of Paymenta Un1eLV applicab2e law pmvldes a"Ju3a�se.all paymeats received by Lender undet paragraphs -__- _
<br /> .' l aud 2 sb�aD be applied:first,w anY P�Y��t�6es due au�r c�e Not�second,w ama�mts payable under para�pb 2; �+.�d'�".
<br /> . •., durd.tn mte�rest due:fou�tb.tn prtncipal du��d tast,w any late ch�-a„s due under the Note. - ,._._,.
<br />, � 4.Ch�geq;L{eas. Boix+awer shall pay a11 m�,,sessmen��,c'�arges, fines and im - �-
<br /> positinns at�'butab2e w�he Froperty .��-�.�e=-.
<br /> � } whicd may atmin prlority ovea thLs Security Instramet�and Ieasettair�paymeaus or gm�md reniv.if any.Barmwer shaU paY thae .,�`s3ti'�'".'
<br /> o b li g a t i o n s i n t h e m a n n e r p r o v i d e d i n p a r a g�a p h Z,a r r�'a o t paid i n t h a t mann e a,Borrower sUall pay them on time dlrectly to ttte ���•.:.'an.�:�
<br /> , ���� person owed payment Botrower shall piompdy fu�i:.3 to Leader sU noflces of amounts to be aid undea this . ��'
<br /> � Ba�mwer mal�es these a mentv diraxl ,Boaower s:.�,t� p �b'� :"u..�. :�<. . ,.
<br /> P 9 Y promAtlY f�rnish tn Lender reoeipts evidencing the paymeutv. ';•.
<br /> . Bormwe�st�aU pmmptIy discharge aay lien ahich has priority over this Security Instrument�1ess Bormwer.(a)agree.�m ^:�^•~�`}'��;��':
<br /> ' writm g w the p a y meai of the obli g a ti o n s e c u r e d b y t h e li e a i n a m a n n e r a c ce p t a b l e ro I,e a d e r,(b)coa t e s t s in g o o d f a i t h t k e 2 itm
<br /> ro��.�:�-••
<br /> • �, by, � deftnds�ss enforremcnt of the lien in, le�l Dmooedu�8s ahich in the Lender's opinion ope�ate m p�event th� = ,_ .a~,`
<br />,`�'`•,�' . ; e a forc�ent of the lien;or(c)secures fmm the holder of the lien an agi+eeanea�t saiasfact�y oo Lercde�r subordinating the lien to 'y� ` � .��: .,•
<br /> , tLis Sociuity Inswment If Lmder dete�mines that aa�P�t of the Pm�perty is sub�s�a lien which may ana��io�iry over this �"�"�'
<br /> Pmpert
<br /> ' Seaui Instr�v�ent,Lta�d�m� :���'---- --_-'=
<br /> ; ►Y Y g�ve Borrawer a ac�:ias u�aafyrb�g the lien.Bor.crWrr shall sa�st'y the liea oi tatce one or moie �.j . . ..,L�.:-,..
<br /> • � of the acdons set fmth abo-r��r,:;hin 10 days of the gir�5 r,c� ' � ' �
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