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<br /> � TGtiE(H�A Y%ITM e!!the ianprov�neirts rtow or t�ereafter erected on tAe P�F�lI,en�!Nt easements.ePAunenances. and '- �;�. ..� .
<br /> ;!'. :� _ . ,<•.�%. ' fi�mcsas now ar h�eaft�a pzR of the properiy.AD�eptacemeMs aad addsttons shaif Nso be correred by this SeauOyr Instrummrt. �
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<br /> . .< ,`� . M at tne torega(ng b�ened to in thts Seaufry tr�s�RUmertt as tRe'Fioperty.'
<br /> � .�':.•.�. HORROWBi COVENANTS tAai Bwrmver is IawfuIIY s�Zed of the estctte Asreby eonveyed mid has the right to grant and , L
<br /> . eomrey tt�e Prapety and Nat tAo Properry is uneneurs�red exeept for enr.vmEranee.a oi record Boaov�er wa:ranis and w� �.:-,.�,
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<br /> „ '• "' daTend g8eersQy the tftte to ffie Pto�eRy 8garttst afl da6ns ait4 demaitd9.sub ect to an ¢rtexambrances o!record.
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<br /> . • THi3 SECURt'TY INSIRtAuIENI� eotnaUsas unl(orm amcnmds fot natlonal use end non-un(tarm eovena�s wfth GsnRed .
<br /> .� �'•� va�ttlons by tudsdtetlon to cansU'Nte a unifortn sewrity instrument coveUeg real pw�erry. �
<br /> .' • � UNlFORM COYENAM9. Bortower and Lender eave�ant and agtee as foUaws: ` �`
<br /> � � ' 1. Peyme�at af�rittctpal �nd trttetes� �epayment attd tate Charge�.Botrower shatl P�+�PnY PaY��
<br /> . ` due the pdnclFa!of and 6rterest on tha debt eaidenced byr the Nate and anY P�lt+nc�nt and tate eharg3s due�der fAe Nota �
<br /> ' �� 2. �'und9 far T�ces an9i le�sananeo.S1�bject to applicabJe law or Lo a written wahrer 6y t�der.Borrow�shaJ pay � . `.'�
<br /> .. to Lend�an the day tr.o�hy paymenb are due under the Nate, urc�3 Me Note is pald'a�tu0.a sum('Funds'► for. (a)YeatP� :;�.,,;::.
<br /> .-:�-,-�,��:. taxes and assessmPnis wAich may attaln pdotdy ov�ihts Seanityl Instrumertt as a Gen an the ProPertY. lb)Y�N teaseha►d =� _
<br /> <`=.. � DaYments or ground rerts on ffie Propetty.N arty, (a)Yearly►h�rd or ProP�Y insurance premiteas: (d3 Ye�Y���
<br /> • :��, _ p:end�.if a�(e)YearfY mortgage insurarece premiums.if any,and(�arry surtes payabte hy 8orrov�er to Lender m aa;ordance � . . •,
<br /> , - wiU►the pravisions ot para�aph 8. ke iieu at tRe payment of mortgage insurance preirdums. These items ere caQed 'Esaaw `-.,:'. .-
<br /> " ' • ` nema,' I.e+der may. a3 any tim� coUaet and hold Furtds in an amount not to «ceed the mawrtwm amaurrt a t�de.r tor a
<br /> ` `'�' _ .` teder�ty refa�d rtrortgags loan may require ier Barro�va's es�xow aaount under tAe�deal Real Estate SetttemeA Pracedures .
<br /> . . . . . ' ,°,�� Atx of 1974 as ame�ded irom dme to tane.12 US.C.�1601 et se� �'RESPA'►. untess another !aw thai appGes to the Funds �
<br /> � sets a tesser amotmt tf so. i.eid�may.ffi ar►y tirne.coII2d and hold Ftmds In an amo�mt�ot to�ceeed the less�entowd. .
<br /> - : .: . "..,�.��. Lend�may�ade tha amoemt o!F�mds�e on the basi�af raurent data enA reasonahte�;tanafes a!e�endihires of 1Lwre :;.,c`...�-..
<br /> - Esaow{D�ns or athewise Be exordsnce wS1�appfieabfe Isw. ;,� ��•' ;",�
<br /> • '; The F�mds shaD bs Add in an tnst�tinn whose d�osits are msured by a federai agenc�l.insirvm.E+s�h11►•or e�ttity(mclu�ng • ,�
<br /> ..r r';c••�.• , <i,y LEIIdR. if Lender is sucb an Inst�uUort)or tn arry Fedeat Hame Loan Bank. Lender shafl appty tRe Fursds to pay the Esaow . --
<br /> Items. L�end�may not cdatge Borrawer tor hofdng and eApMng ffie Funds.annuaStY anaydn9 tRe esaaw accowud,.ar r�g
<br /> ' the Eserov+ ttems. �mless LenQ� pays B�aower irtterest on the Funds and appGceE[e faw pentt�,s Lenda to make such a < -
<br /> ; ..., , !'�,:d, q�arg� Qiowerer. Lender may require Bomawer to pay a une�time cAar�a for an ind�ertdent real estate tax reporUng s�fce
<br /> :�.�` ..� used by tendet in eonneeUan r�ith Ws toan. untess epAQwble (aw �ddes otheiwise. Untess are a�t is made or � -_
<br /> , • J'':,,;. aPA9cabfe law�equtres Fntaest ta tre pa1d.Lendet shaU not 6e recp�ired to pay 8orrower ai►]►interest or eamings on tAe Funds. .
<br /> Bormyu�aM Lend�ersay agree in vrriting. howev� lhat 6rtaest sAafl ba paid on the Funds. lend�shaD pve to Bortower.
<br /> _ ,... ._ -'��..:r; vY$t101It Charge.erl @Mt�ecsatIIithig 01 tRe Ru1d9.SA6NMg qedRs ertd tt�t�s t0 the Funds acld the plupose for whiGh �d1 �_-"- -
<br />_, '•�;i'� de6it to tAe Funds was mad� The Funds ere ptedged as add�Ttonal seeun"ty for a0 sums sewred Dy the Seciuicy tnsLvneM. ;• -. i_
<br /> ' N the Funds Aetd by lender exaeed the amour►ta D�mitted to 6e hd,i bY epPGcabie taw.Lender sfiaU aixaimt to Bortower ... �
<br /> - - '- ;,; tor the e�acess Funds in axor�nca with the[equU�nsrts of epp�caCle(aw.If!he smourR of ihe F�mds he(d by Lende at any i� :.. . -�..
<br /> ` `. � mne is not sufti�ieM ta pay the Esccaw ttems when due. Lendv may so no6ty Borrow�fi wrifmg.and.in such case Bamower e
<br /> - .. ,. ,�..:.m sha0 PaY to Lender tha smowrt necessary to malte up the deHcieney. Bomower sha0 malce up tde deftetency in no more than -: ��
<br />� T,�;,r .:�.•. . tweAre mo�rthh►P��•at l.e�d�'s sota tQscreUon.
<br /> . . Upon paymertt in tY�U of aU sums secured by thls 8ecuri[y Inshumet►t,lend�sha0 prom�ptty rehmd to Borrawa any F�mds �i:�..�:.L�~
<br /> Retd by Lender. If,unda para�aph 21.Lend�shall acquire or se0 the Property.i.ei�t,prinr to ffie aequlsNton or sate o1 fhe �' ;���,,V-
<br /> ` pmPefty.shaFl sppbr er►y Wnds hdd by Lender at the&ne of aoqulsaon or sate as a cre�t sgafist the s�uns secured 6y this =
<br />_ . , ..'; . Securiry tnstrumertt ;. -
<br /> `�'' ` 3. AppReeNon W Paymer�ts. untess evp9cabre la�s amovides artrtezwise, an payments rec�iea b�r t,enaer under �:::,f'..�:.
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<br /> - . paragraphs 1 and 2 sha0 be appQe� first.to arty prepaYment char9es due under the[�otet seeond to+smounts Dayabie under , �
<br /> � . P�4�Ab Z:third.ta irtteaest due:fouRh.W pAnc3pa{�e�and fast.to anY late charges dua under the Nofe. .., '"f.
<br />`;:�.. , ' :�- 4. ChSrg9� I.iene. Borrower sha8 pay all taxes. assessments. charSes. fines and 6nposittons att�utable to Me �_:.:�•..
<br /> N `�. pmyerty�y}ilch may sttaln pdorfly aver this 3surEly fnstrummA,and le9sehoid payments ar ground rerts.it am►. Bomower sha0 '�`=" A
<br />�� , pay these obUg�ans in the manner pmvfded�n paragiaph 2, or if no4�in that mann�. Bortawer sfia0 pay them on Hme �� . ..s
<br /> . ": �rectty to the p�rsun awed payment 9oirewcv shaQ promptty tumish ta 6�nder sll not[oes of amounts to be patd under thts ��; :
<br /> ��,- ; � . para�aph. it Bottower makes these paymerrts d'uedlyr. Bortower shaD promptty fumi�h to Lender receipts evtdendng the - _
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<br /> - ::�.�i';i��.�!{nf�;: ."..':. �Barrower sfia0 promptly dlscharge arry Iten which has pdort"[y ova thfs Securiry Inshvmc�nt uniesa Botrower: (a)a�ees in .'4r.:��*'.r i
<br /> - wrt'dng to the paymerR o1 the ob6gaUon sewreA by the Ilen in a manner a�bte to LEnder; (b)eontests in good taitfi the ,;�•,�
<br /> ",; " Qen by. or defends against ertiorcemem af�e fien in.legsi praeeedmgs whleh in the lend�'s opinion operafe to p�e+rent ffie
<br /> � � etrtor�ement ot the Qen: or(c)secures iro:n L�e hotder of the�en en agreement sa6star.tary to Lender subordfiatmg tAe 8en to Y� '-
<br /> � this Securilyl tnsbument.8 lertder detemih�es 7f+at mry part o1 the P�operty is subjeet to a Oen whicp may attefn pdority ove►this ��-�." ' -
<br /> � �ri ry I n s tr u m e n t,l�d e r r r�y t f i v e B o r ro w e r a n o t t c e t d e n t i t y i n g the Uen.Bonow�shaU s e f i s l�r the Qen ot taSce one or more of � _
<br /> „ � , �2:�acttons set foRh above wi�h tp c:ays ot ffie givtng ot�oUce. � y .
<br /> -- � • 5. HaZBfd O� P�OpE� CfT�ztiFL.''D'C8.Borrower sha0 keep the i r r�rwem e n t s now�g or h e r e a ft e r e r e a e d on t h e � :.;_: ��-
<br />- �. u �'i::... irtoyerty insured agafist�oss Dy tite. h�ad�m�Juded wrthin the term '�dended coverage' and any� clfsec ha�rQs.inctu�ng • ;:s_-, -
<br />�' � r. ftoods or floo�for whicA Lender�equ3res�c�wanee• 71�1s tnsuranee �1 be mair�mfied in the an�3csts and tor the perlods __
<br /> " � ' that Lender req�ts�s. The insurance canter provi�ing the tnsurance sha0 be chosen by Borrower sutg:ct to Lende►'s epproval -
<br /> � wNch shaU not be unreasa�y wRhfield. I} Borrower fails to matrrtain wverage Q�.-ibed abova, Lender may, at lender's -
<br /> ' F;�rN+.�::'�`� opUon.obtain coverage toµ�:ect Lender's dghts In the Property in accordance with�ra�Caph 7.
<br /> •+t����i;� ' M insurance poi[des ar:�renewals shaA be aeceptabte to Lender and sha0 (rtc4a11c a standard mortgage dause. Lender _
<br /> __ `� ��` � shaD have the dght to hofd the poAdes end renewafs. tt Lender requlres.P,anower aha�promptty glve to Lender a(1 rece(pts oi ,
<br /> - • pald premiums and renewal noUces. h�tP�.e ouent o1 fass. Bortov�er sha9 ga�prompt notice to the trts�.;rrannue carAer and Lender. _ • �
<br />- � = • . Lender may make praof ot losa H not ma�a�rompUy by Borrower. , �'
<br /> = � :;_�,.'. : Uniess Lender and Bor�ower athenvis�a�ee in w�tfng, tnsurance proceeds shatl be appUed to restoratfon or repatr of fne
<br /> - '. •�t:�' � I�Mperty damaged,H the cc5t�on or repair is eeortorr.i�a3q t'easibfe and Lendefs securfry fa not tessened.If the res*�ratlon m •�. .
<br /> � e�pair ls not economicatfy f�Se or Lender's secw9Ey wor:At be tessened the insurance proceeds shaU be eppUed ta�.e sums • .
<br /> � seaued by this Seauity►Insbumenf, whe;.>cac oa not tte� �e, wfth ats�� access pald to Borrower. if Borrower aba,dons the .
<br />-- . . ,• .��.`{ Property,or docs not answer wRhin 30 Q��r.��ee troch Lender that the insurance eanter has oNered to selOe a daun,there •
<br /> .x . � Lender may eoQecl Ute Insurance proceed� varder may �se the proceeds to repatr or restore the Properly or to pay sums , -
<br /> `°� • secured by thts Seaiflty tnsGuitent,whether or not then du¢: The 34day perlad v�fll beg(n when the naUce is given. � ;. t .
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<br />-- ' '� Untess lender amf Bom�yer otherv+ise agree in ksttf�g, any appllcation of prcceeds to pdnctpat shaD not extend or , � •:.: �
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