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<br /> � . TOC��7H�i WRH ai1 th�improvemerrts now or h�calter arected on the property, and a4�ea�emar�s. �Pgrutenances.and . �?
<br /> � , `, .,-`�; • fo�es rtaw or haeafter n part oi 4ho properry.AU teplacement�and ed�tlona shap atso be ari�ed bg this.�eairitY Instiument -
<br /> ` "-,.��-.•� �� A9 at Ne toregafng is refeaed to in this Sawrriy InsWmant as tho"P9roperty' � �` ,.,�
<br /> 1 ^ t - BORROWER COVENANTS thet Bortower �s�wAAty aefiad ai tho estate hareby convayed:ar� has tha�Igt� w g�:t�i � =
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<br /> '" �' wnvey the Properly and lhat the Rmpc�ty 1� uneneurr�6eraQ mxcept tor eneu�+rances of recot3:�,'�9smwzr� �d.'w�i � . a.
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<br /> ,; �,•:-�._ , .�. . deim�d generaIIy the U1tQ to tPie Rropeny againat aA clahn9�nd demas►ds.subject to any�cumb�s u3 rzc,orc� ^ � .",u
<br /> t°.:, THIS SECURtTY IM1i9TRUMENT cort�lnes unKo[m carenasrt9 tor natIonal usa nnd non�im anran�s wi=s �ed � ` '"
<br />, ; '�� variations by ju8sdietion to conat{tute a unifom►eacurlty Usstrumeist covaring real prapeKy. ;:, ` y� .
<br /> UNIFORM COVENiiMS. Borrowrr anQ LenOe�coronant end agrea as foUowx �
<br /> ,� �� t.P a y m o r�t a t P r 1 n�i p a i a�a t n t o r o s'� �e o p a y d nBM aed Lato Ch a r goa sorrov�ar snau��r u�H�en � �. ;
<br /> - due 1he pr(neipa!oi ead Interest on tAO debt ovidenced by th3[�tata 0r�!enit p�eAaymem and late c5�a��s�e ru��ar t��1qa. _ g,._ .
<br /> `' 2. FianBs tor Y�ces end f�aura�co.subject w nup�ioahto unv or ta e watte�wafirer by��nasr". ��:':�a s�s�aav � t �r.
<br /> �- ^Y- to Lender on the day mortthfy paymants are due unde►the Nate,untll tho Nott�!s paid tn 1trtl.a sum�`Fucids'?� is`!�Y N .,
<br /> �� t�tes end assessments whleh m8y atteh� prtotfly ove�thla Secudty tnstrumert as a 6en on the PropeRl.{a)y�s.-'p t�sehald � �
<br /> �=. h U�premtnmx (�}�?�a[!'�toan uz.s..n_nfle - �� f � _
<br /> , .�� payments or gcound rerris on tfie FrbpeAy.II any; t�11��f► �°f R�HN
<br /> ' r en sutnS le b BCtrow�r ta 2:eittf�tr:a��e
<br /> ;:.� premtums.it any,(e)YeaAy►mortgage insutattcce premluma.N aay:end(� Y P� Y 2: t
<br /> ' wtih the pmvisiana W paragraph e, h� Qeu of the paymertt ot msrtgage(nsuranee premtums. 'i3+zsa �ams.��� '�sc�w ` '
<br />. '"�:�-�"'`. ;; ,: tteRU.' Lender may. at any time. callect and hotd Funds in an amauni not to exceed ihe ma:umum amnutY a teadar,'fiar a .
<br /> _ .,�. `. Ted�aQy �elated mortgage toan may require fat BotrawePs escrew eceawrt undet the ted�al Reat�.a=Satifxr.�t�� � �::�';-
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<br /> Act o}19T4 as emended trom Ume!o tlme.12 U.S.C.�2801 et se¢ ('RESPd'). unfess anather Ia�v:'Eh�"a�es 3n t4�s'F.Lr.ls a
<br /> ` �° �E 5615 8 1@S.SEi BJ�IOURL if so. LenQer may.at any ifine,coIIECt end hotd Funds tn an amau►t not ta.exraa3 3he Y�'amax�'4 -
<br /> q:c. rf f �.
<br /> `����, � � Lenda may esthnate the amount of Fuada daa on tha 6asis of current Qa'Ca end reasanabte est�naies a9 az�urd'�tures:a�7�'� .
<br /> �`�u,`�� T's� , Escrow Itema ot atltmwlse in eccardel�ca vrith appllcaEte taw. ` a� � Y ` s� ;
<br /> ����'gr,r`� ' The Eunds shaA be hetd in an(nstiiuttan whooe depnsfis ere fnsured by a federat agency.+nsWm�t�iRtY.a%�!C��� t
<br /> .�`sd+r Lender,iT Lender is such en tnstihctlon)ar fi any F¢deral Hamo Loan Bank tender shatl aPPly the�un.�'F�:,�ay th�,�w `
<br /> ' �%`r�<'� Items.Lender may not charge Bortowcr for hotding cir�d apPlyM9 the Funds.ennuaAy anatydng th'es�.row ax?usu.?r 'v�ii';tr8 " .._
<br /> �:�tit�°`<%r� •' the Eserow ftems. untesg lender pays Benower interest on tha Fund9 and appQcable law p�rats!a't�s� �Y.� saa(+� a ti �� F =
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<br /> ,."i�+!�Yr.'A � charge. Howeuer. Lender may require Bmroiler to pay a one�thns charge tor an tndependFnt ceai es�2a�tem�ra�a'tf,:�sanrtce c� ,.,�"".
<br /> �..���y�` • used by Lender in connecttan wnh thte toan. uniess appAa3ble[aw pro�idea othe:wfsa Unless an.agre�r�t is�rnaa's��ai
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<br /> a,..., aPP�eablo taw recwtres(nter+est to be paiQ, Lender sha0�01 ba ra�titad to pay 8ortower any 6�t�est or e�na�-�n�fi�:fam� �K' '�-
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<br /> yr'" Bnrraw� end Lender rRay agree In wdthtg.howevet. that Intete�t shali be pald pn the Funds. Lentia's�rNt.�e b�Bmrae�a; , Ti ?.�
<br /> _ :�'. Y .' wfthaut eharg�an ennuet acoo�ndng at tAo Funda.ahowing credts and Qetiiffi to the Funds and the��'ar wtG:b ea�'� �, ,� '�,,.`.:
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<br /> •s,. '; debft to the Funds was made. The Funds are pteQged as aQ6dnnaf sewriry tor edl sums secured by the Se�cidy�4utrsi.�st+� �?;�';li•:{;�<.
<br /> �; .,- fl the Funds hetd by Lm�der exceed the amounta pertNtted to De held by appllca6le law, Lender sAaU•aa��sr.�rta(Bmra�+�a �� �,,¢{' �`
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<br /> tor the excess F+mds in aa�tdance witb the requirements of appOCabte taw. If tha emourrt ot the Wnds het�fi br,°�:at ac�+ `-' s'�� •=
<br /> •,.;;f� Ume is not s�ffldent to pay the Escraw Itema whan due. LenQer may oo noU f y 9arrower in wddng.end.in su� ���rro�� •`':�{;.�.�_
<br /> ��•�� sha11 pay m Lender tAe amount necessary to make up the deficianry. Borrower ehafl make up the deRctere y fir. na�a?e�t�,i '-" '�•��
<br /> . . �.,,�,N�°�� twENe marrthN PaymetRS.8t Landers sofe dlsc�eflpn. � . . . �'�
<br /> ''r���� Upan payrnent in tuD of aU sums seaned by this 9ecur(ty Instrumcmf. Lender shaU promptty refund to Bamneara srry fun� f,�,
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<br /> ' r r;�r;� � hetd by lenQec If,unde►paragraph 21.Lertdar sha0 acquice oe ee11 the Praperty.Lender.Pdor to the acqu 'is�fi�s.ar s�ee 49�t+a . . . - >��- �,
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<br /> . � 4�,�L . property� shaail app[y any Funds hetd by Lender at the tlme ol ncq�st�tUon ar eate a9 a ae�t agafis!the sums s�c�!diy vl.hfs ��.� `
<br /> • ��� � � . Secur(gr tnstrument �%•�Y� �
<br /> ,:r`� }�,rv�,;��� 3. App11c8tIoi1 Of RSymetlt9. Un4ess epplicabla taw:pnovtdes athervvitse. all paymenta rece[ved by tes�it�arxdE:.. ,l r���L�::�
<br /> .. +�: ,a?`;a�.,�+.'',��t�" " psr3cy8phs 1 erid 2 sh80 de BpplfEd flrst,to any Prepaymairt ehacges Que unde�the Nota:second.to amounts paya:aiennde� , ;. _
<br /> �,.;��L�,t,r'�4';?1,r:� patia�aph 2;thtrd,to intetest due:tourth,to pdneipal due:ana last.to eny late charges due under tRe lYote. . � �,._,.;,1,�=.
<br /> ,�'�«<y�p;y��%_��1 4. ChArge9; Uen�. Borrower shatl pay ail taxes. asaessmente. charges. tinas enA impositlons attributabiB �o�:ne ,t�^._
<br /> •• �� �r,(#�,ay;`� ProPerry�which may attein prioTity aver this Seeuriry lnstrument,and leasehotd payments or ground rents.H any. Borto�r�r shaA ��+�.� �
<br /> ,.?=;�%;s?�;�,��f psy these obRgatlons in the manner provfded in paragrapb 2. or if not pald U that menner, Borrower shaU pay them on 4ir•e �,.[�-;��r�;�;
<br /> '. .�.�5/4 _ _
<br /> ._.:.,vt:�;s;�� ' direGty to the person owed paymer�t. Borrower sheD pron�ptty MntsA to Lendar afl noUeoa of emnunts W be peld uc�tra r�his. �.��i —,�
<br /> � �`�`j�f;,�� para�aph. if Borrower makes these payments �rectty. 8omower shafl promptry tumish to lender receipts evidenc�g�':hg � :�, —
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<br /> � r 1r:�r�;.��� ��8ormwer shaD promptty discherSe eny Iten aR►ich has prtortry aver this 3ewdry InsUument untess Borrower. (a) f?�raes�In . � ��,�..�� y.
<br /> • writfig to the paymer►t ot tfie obligaUon sewred by the Ilen tn e manner aeceptable to Lender, (b) contests In gaod f�rtf�a . �,
<br /> Iten by, or defends agatr►st enfi�ament ot the Uen in.Iegal proceedtngs whicb (n the Londefe op(nten operate to preire�'t:ttt9s T n��.��
<br /> -� �r �` -" enforcement ot the lien:m icl aeaures 8on►the hafder ot tha Oen an sgcemant satrstncWry to Lender subordln�ting theTe-��a : �� �
<br /> � . � thts 8ecurtty Instrumerrt.If Lendat datertnines that erry peri ot the Property Is aubTee!to a lien whicb may attain prlodty ov,er�. ��.�, =
<br /> ���;f Security Instrumcmt,Lender may gtve HoROwer a neUca IQenUtytng the Uen.Bortowar shall sadsy the Uen or take one or ma s.�'! • ,�. s
<br /> , ����% the acUnns se2 toM ebove withfn 10 days ot the gtving ot noUce. , �- -
<br /> ••''���n;'�`;`' �S. Hazard ot PPO 8 InBttr'drtC9.Bormwer shafl the Improvetrtents now existfn or hereaftet erected ar�Yt�e
<br /> p � � 9 �r{iBrrr�. -_.-.
<br /> �`'�`�� � f►r�er� Insured against loss by ftre, hazards Inctuded wlthtn the tartn 'extendoQ caveraQo• snd any other hazards. indaJbsg •
<br /> r � �s .
<br /> • T���,��1;` i�. +Jna3a ar ftoading,for whicb Lender requites insurartce. This (naurance shall be maintained In the amaunts and tor the perl�ds �,";�,��,�� °�-
<br /> � r �k`�#`,1s+"�,• i�:at Lender requUes. The tnsurance cartier providing the insurence sha0 be eho�en by 8onowar subjocl to tsnders approva! �. , . _—
<br /> wt.ta`�shaU not be unreasonabty vvithAetd. N BoRawer faifs to maintain coverage daserfhed nbovo. Lander may,at Lender's ,� �_,+i�i�„�.:��_:
<br /> '� • • �,i;•
<br />�`'� ..� ;'`,��y . � o�5s�,obtain eouerage to protect Lender's dghts in the Property In aecordanco witb para�apfi 7. ,tjrr;^�-
<br /> �,c3:�:�:::.:
<br /> -•;,. � ���.�:t,r;,�;'�:.,. �I;sinsurance poQcies and renewats sha0 be acceptabte to Lender and shaU tncNQo a ctandard moRgage Gause. LendEr ��4�r�s��r:'::.._
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<br /> , r•'� s�aaA�1�vs the dght to hold the polictes end renewats. N Lertder requVes.Borrowe►.ohaD prompttyl glvo to l,end�r e0 receipts ot � ih;�y}
<br />...:.v� ..� �..�.:th?dF�.3'A"` . 1.,1�H�i�� 1��r:��,.
<br /> �,f��,�a1;; �,ar9�remhims and renewal naUces. In the event ot toss.Bomswer sha0 gtve prompt aoUco to tha insurance carrler and tender.
<br /> "�t �,:. '�`�4� ` L�mdei�may make praol of loss H not maQe prompIIy by Borrower. ��"7,j�����'�
<br />--• • 6Jnt�s Lender and Borrower othenvise a�ee in miWg, tnsurance proeeed9 shail bo appUod to testoratlan or�epair of the ';,;.�5t,,�j;�',,;.
<br />— • . . ` pryperty�amaged;il the resto�aUon or repeU is economicatly teasi618 end Lender's seeuriry(�not te�senecl.If the restoratlon ar ' s;���r;,::,,;; :
<br /> " . .�.'L sap�ir ts aot economica�y teasIDle or Lender's secudry woutd be lessened,the insurunce procoads ohall bo applled to t�e sums ;�;1;?s� �v,�.•
<br />__�'�`�r+�� . . s�red 3ry this Secudry tastrument, whether or not then due.with any oxCttsa paid to Horrower. N Boaower ebatsdans the ��:y?�� �
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<br /> " ,•�'�'�'� ` �.�pie�r,or daes nof answer Nldhin 30 da a noUce from Lender tAat the Insurance canter has otfdmd to settte a cletm,then ;��1':j�;�'��t t�'�,
<br /> �'..:ti��! .-.t. Yg •tih�.tY7;1�3,4�I•.r.
<br /> `' LenQer may aoV¢et the insuranee proceeda. Lender may use the proCeeds to repalr or rastaro tho Property ar to pay suma {:�.����,y ��;`'::
<br /> p,,� ;�s' i%��"��� ; Se�;ep 5g t::is Security Instrument.whether or not then due. The 30-day pertod w!U bogin whan tho aoticc►Is gtvan. }�.��4���'��,;.
<br /> �y, �:� " ' : IJafesa i�n6er and Bo►rower oiherwlse agree In writlng, eny appllcaUon of proeood3 to principnt ehal! not mRend or � � , ;, .
<br /> • e�.�� }t �/(R
<br /> :,,t�+�,;�;,,,;.,,,.,;�.�. . : pcstpctree the due date of the manthly payments reterted to in para�upha 1 and 2 or change tho amount o1 tho poyments. II i':a;�.y�a����.�rL,;�`.
<br /> � �.y,� ,",�,'' �sn�er pnragrnph 21 the Property is eaqubud �y Lender. Barrower'e dght to any Insuranea policlas and proeoods resuitlng trom .si;;�',�`�}��pr�{f i�;;:
<br />_x;,,f�,'>a�,�,'.4,,,,.t�.�;,;v,'�; �e ta the Property pdor to thu�acqulsiUon aheU pasa to lender to th0 extent ot tho aum3 by thi9 Secudry tnstrument (,`=���'Ct,lr�l�lf�.:,
<br /> , ;;.t�F • imm9dl�tey pdor to the acquisRion. ,�,j<<�� i+�,� .
<br /> �„;, •;r�%,;� ` ',,� 8. Ocs�pancy, Presenra4lon, Mab�rtan�co and Protoation af tho PrapoRy: 8or�ower's L�an +�����-�7 ,< ���
<br /> - 1" � � � IiCSf��� L0SS8h0ld9.Bottnwet ahell ocaupy, esteblish,and uso iho F�o a a� BoROwei e pdncipal residence within , �`�5'h
<br /> -��.+'.' 1�''`,�.<ti'�r`rL�,;`i:,y �PA p rn , '�°'��`.{'rJY' ��.
<br /> = ,,.�,.a,.,;?.,�r.;•`:;;,,; aftar the executlon ot this 8ecudry tnstrument end shali conUnuo to occupy tho ihopaAy aa Borrower'o pdncipel �;.,��•,,i•i
<br /> `��`;;,, � eE�td�r�ze tor at least one year aftut tAe�tlete ot oecupency, unlass Lendor othoNdso agraos In wdUng,which consent shali nm , ��r�'�:�'+ •��
<br /> � �(�1tr
<br /> be�nrsasan�:y viithheld, or unless extenuaUng circumstences mdst whleh uro boyand 8ortov�ore coMtol. Qorrewer shNl not �`', ,�f�,�;,�,�i�'�
<br /> , . . • .. desuoy, da.�ag9 or Impelr the Propertyr,allow the Properry to datadomto.or eomml!wasto on tho Propc�ty. Borrower shali bo in •;c,,+.;;�s•'•�
<br /> ��� defautt if any foAel�re actlon or proceeding, whethe►civU or edminnl.19 6egun Ihot In lendm'o aood latlh(udpmont could result `��,, -:_?
<br /> � `''��� in tartelture of the Property or otherwise matedaQy GnpaU tho lien creatod by tMs BncuYry tn�trumont ar lendar'e sawdry interast. �•,,s->>s�-::.
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