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<br /> _��,�,�y•�'�J' UNIFQRM COVENANTS,Borrow�r and L�ndsr covenant and a�r��e�followe: jr' 1/ Ay �;.
<br /> .riC�7 1•, 98 r ilj�Ir� � .
<br /> _ - — 1. PaynwM o1 Princip�i �nd ir�t�r�ah P�sp�ymarit ond Late Charr}es. Berrower •hall �romPHy p�y wh�n du• th• _
<br /> , ..*''��r,� principtl of�nd int�n�t on th�d�bt�videnaed by ths Aqre�m�nt and any pnpsym�nt snd lat�charp�s and any ath�r _-
<br /> i chsrpN du�und�r tho JlqrMm�nt. _-
<br /> �� �, Appilc�tlnn o! Paymsnts. UnN�e spplicabla law pravid�e otherwl��►, �II paymants r�csivod by L�nd�r und�r _
<br /> paragraph 1 shsll be sppll�d; firot,to Intereet due; escond, to principnl; third, to Ists chargsa; nnd Iset to any other
<br /> ., � charyre dus und�r ths Aqrssm�nt.
<br /> ? 8. Ch�rpe�; Llsns.Borrow�r�hall psy all tuxas,aesasem�nts,charges,finea and ImposfNone a�tMbutabl�to th�Prop�rty __
<br /> .: � which may attnin priorlty ov�r thls Sscurity Inetrum�nt,and leasshold paymenta or ground rants,if eny. Borrowsr shall __
<br /> .; � pery thees obllpa��ona dlrecdy+ to th� p�rsnn owsd paymsnt. Borrowsr shall promp�y furnixh to Lendsr ell noNcsa of
<br />: .,.:
<br />�:�,:,f`;;; �maunt� to bs pald und�r thf� paraqreph and shall prompti�► fum(ah to Lmdsr rsceipts �videncing th� paymsn .
<br /> ���'``'�' Borrower shall prompty dischnro�any IIM whlch hae p►io�iry ovsr thls Sscurfty Inatrumsnt unless eonow�r: (a)agrNs
<br />``,.:�,:�;;tw:,
<br />. �,,�-J'� ' in w�rjtinp to tho paym�nt of the obllpadon secur�d by th�Il�n (n n mann�r acc�ptnbie to Lsnder, (b) conMsYs In �ood _
<br /> ��(� � �j faRh the Il�n b ,or d�fsnde apalnat�nforesm�nt of th�Il�n In,Isyal procs�dinge which in th�Lsnder'e opinion op�rate
<br /> �:�53�1�`.�.u�( y
<br /> �;:,.,�� �� to prevsnt the oi�So`ca���:nt ef tt�a Ifan or forfafture of any part of ths Prop�rty;or(c)sscur�e irom ths holder ai th�Iisn
<br /> �,"•��'�N: an agreoment eatlstactery to Landar subordlnadng tho Ilan to thia Security Instrumsnt. If Lender detarmines that any -
<br />;'.i:_`., . pa,n o1 th� Prop�rty Is subJect to a Il�n wh�h may �ttain priorNy ov�r this S�curity Inetrum�nt, L�ndsr msy �N�
<br /> �:r;� ' � � 8orr�wer a noUa fdentffying th�Ilen. Bonower eh�ll satiaty the Ilsn or tek�ons or more of the actions est forth ebovs
<br />`:�;��:"'`' within 10 daye of the qF✓Inp of notlw.
<br />�•�3'�� 4. Hu�M Insunnc�. Bonow�r�hall kNp th�Improwm�nts now�xi�ting or heroafior or.i;i� ori u� Proprrty insur�
<br /> '{�f,`.�,•� ayalnat loaa by tirs, hazarda Includsd within ths t�rm"�xtbndsd coverags'and eny oth�r hezarda, Including floode br
<br />-�' �` floodinp, for which L�ndar nqulrse inaurancs.This insurar:a she�l bo malntainwi in th�e�mounts and for th�poriods
<br /> ���r�; �w that l.snd�r nqufns,Th�insur�nc�c+urior providi�q th�inwranc�sh�ll I» chos�n by Borrow�r�ubj�ct to L�nd�r's
<br />'`�;�;';.:�' _ �psa�,rr!:�!�t ah�!!n�!!+e unreeeonablv wfthheld. If BorPOwsr tefls to malntain coveraqo ae d�scxfb�d above,L�ndsr
<br /> "'y'���y �� may,at L�ndsr's optbn,obtaln cov�raye to protsct Lsndar's riphte In ths collat�ral In acoordana with para{�reph o.Aii
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<br /> -=M��:� <+ Insur�nc�poliaies and r�nowal�sh�Ji ba accaptabl�to L�ndcr and shall indud�a standard mort��ya claus�.l.�nd�r
<br /> ��''''���, ehall hav�ths right to hold ths poli�� and rsnwvale. If Ler�der rsquir�s, Bdrrower ahall pramptly qiv�ta tand�r all
<br /> -- � �--' i_ u.,, ♦ ,o� 1��� Q��.r..rnr ahall nfVA �f►M11Dt AO� t0 �1�
<br /> ,�;Y.����� rac�ipts of paw pr�miums and ��n��:�� ��ow�a. ��� W�o :..ar.. �� o.
<br /> fneuranw car�iK end L�ndsr. L�ndsr may maks proaf af loss if not medo promptly by Borrow�r.Unl�a L�nd�r+�nd
<br /> - --— Borrow�r oth�rwis� a�rss In wridnp, Inaurana procs�da shall be aPpli�d to rs�toratbn or npsir of th• PropKry
<br />_=----__� d�maq�d,ff ths nstoration or npair Is�conomicalN f�eslbl�snd L�ndK'a�scurity Is not I�ss�n�cl.If th�r�atbn or
<br /> =--��:L�.�:, npRir I� not�conomlcsly f�eibls or L�ndsr'e s�curity would b�bss�n�d,th�insur�uta proc��d+ahvl b��pplf�d to
<br /> --`-_-- th�sums��cur�d by thlu Sscwrity Instrument,whdhsr or not th�n dus,with any�xas�pald b sarow�r. If BarowK
<br /> �:� absndona th�Prop�rty,or do�e not anaw�r withln 30 days n notics from L�nd�r that th�fnsuranc�carri�r ha ofhnd
<br /> " to s�1tN a cl�Jm,thsn L�nd�r may coll�ct th�Insurana procasda. Lsndar may u��th�procNd�to np�i�or rKtor�
<br /> ,_,�_ th�Propsrty or to pey eums s�cund by thia S�cxirfty Inatrum�nt,whether or not th�n du�.Ths 30-d�p�riod wi�`Ln�
<br /> vWhsn ths no�cs Is piv�n. Unlsss Lsnder and Bonowsr othsrwisa ayrM In w�it(np, any �ppAca pr
<br /> �`�— princlpal shall not axt�nd or postpons the due dsh d the monthly pa�yments nterrsd to In psrapraph 1 or ch�n9�th�
<br /> ��� amount ot ths payments.It under paraqraph 20 the Property Is ecqulrsd by Lsnder, Borrowsr'e rlpht to any Insurenoe
<br /> _ —, policl� and�rooe�ds rsau�lnp from damnq�to the F�roperty prior to ths aoqu(sfNon shall pase to L�ndK to ths�xt�nt
<br /> - --- - ot ths sume secured by thfs S�curfry Inatrumsnt fmmsdlatsly pNor to ths aoqul:ition.
<br /> _-_-- 6. P�+eaetv�Non and Malnten�nce of Property; Le�seholds. Borrowsr sh�ll �ot destroy, damaye or aubetantlalty
<br /> --- chang�th�Prop�rty,othK than in eccordance with th�AgrMm�nt,allow th�Praperty to d�tariorat�or commlt vvat�.
<br /> �- ---�=_� If thta Sscurity InsWmsnt la on a Issashold, Borrowsr ehall comply with th�provlslona of th�I�as, and it Borrow��
<br /> =.�:� acqulrss fss tide to th• Property,the leaaehold and fee title shaN nat m�rqe unk►as Lendsr a�rsea to the msrq�r +�
<br /> ���� writinp.
<br /> =�_�,.:�;,;:`�!'` 6. Protectlon o?Lender's Rlghb In the Prope�'ty;Morty� Insunnce.It 9anower falla to perform the cov�nsnta�snd
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<br />_o_�_4f, T . _ agreements contafnsd In thla Securiry Instrumant,or thsre Is a Ispal procesding that may sign�'icantly ect a
<br /> �-��`..„::.; rlghts In the Prop�rty ieuch �e a p�x+sdfng In bankruptcy, probat�, for cond�mnaUAn or to �nio�co lavrs or
<br /> �._:i;;.�;;•
<br /> r`�_`�.�:��. regulatlona),th�n l.snder may do end pay tor whatsv0r Is nsceaanry to protsct ths value d tfi�F'ropsrty and Lsnder'a
<br />��� _�� ►ighb In the P�aperty. Lender'a actiona may Include paylnp any sums ascursd by a liw� whlch has priority ov�r t?�ia
<br /> ���`� '� '! Sscurity Inetrument, appearing In court, paying reasonable attomey'e f�sa nnd entsring an ths Prop�rty to m�rka
<br /> � � . E... repairo. Although Lender may take acU�n under thia paragraph 8, Lsnd�r does nat havs to do ao. a�y amounte
<br /> � disburs�d by Landsr undor this parapraph 6 shall b�come additlonal dobt oi BonoNror s�cund by thia S�curity
<br /> � � Instrumont.Unless Borrowar and Lendar e�pree to oth�r terms of paym�nt,thsse amounts ahall bear Int�r��t from th�
<br /> dnts of disburs�msnt at ths Agreemsnt rate and ehall be payabN, with interest, upon notice 9rom Lender to Borrowsr
<br /> ��� �q ment.
<br /> ;'�,': � �..r����i u,d.r nr k�ga.nt mav make rsasonabls entriss upon and insp�tions ot ths Propsrty.
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