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<br /> �- ».. t....�t� �+.... u.l�.�.;. �I�n�ufU� ul'c �114UPCl� �57 Q 1CdCfAI ngency. 1115t[UIT1CIllGIIly, ui' CIIIIIy
<br /> }pr. ru��ur +i�uii uc iiciu w .... .......:5...... �
<br /> (including I.cndcr, if Isn�lcr iti surh iu►In��IhuUuiU�u•In miy t�r.itr.nii i•i��mc i.����n�3unk. I.�udr.� tiiiull apply the Funds to pay the _
<br /> Escm�v Itcin,. I.endcr muy nut rhueFic larnmwc�r Ga hnhlinEt iuul up��lyln�s d�c[�un�ls,annually analyzing the e�crmv i�crount.or
<br /> vcrifying thc I:scr��w licros,UIIIL'yS I.l[IIII�1'�)Oy`�I;I1Pf'UtVl:l IIIIC(Cyt�m Ihi:I�uuds iinr,l applicable law penmts Lrndcr to makc such
<br /> a clutrge. Howcvcr. I.cnJcr nroy rc�{ulre 13urr��wr.r in pu�• n nnr.�limr. �:luirl;e:for.t,� indepcndcnt r�+l estntc tnx reponin�scrvice
<br /> useJ by I..c:nder in cun�tr.cUu�a wid► Ihi+ lu�in. UIIII'49 u��plicubh. liiiv providc:s, utherwise. Unl�s an ngrrement is made or
<br /> applicubl�:luw reqnires i�itcre��t w I+c�sni�l. I,�nd��r,I►ull mi� bu ruquiri�d �n pny 13r}rrower any interest or curnings on the Funds.
<br /> Borruwcr :utd I..endi.r muy nKrie in �vrlUn};, huwcvcr, Ih�ii liden���l r�lwll br. puld vn thc Funds. L.ender shull give to Borrower.
<br /> withrntt churKc, un nnuu»I acruuntiu�t ul' tlic Fuudn. tihnwht�t crcdils und debil�:ec�thc Funds and the purposc far �vhich rach
<br /> (IChII IU 1I14{'UIIIIh W11S I11711I1'.�I'hc 1'und.:tre plcd�tcd n�, iul�IfUrnuA ticcurfiy f��r all��ums sccured by this Scrurlty lnst��ment. r--
<br /> If the Furds I�cld by I.endcr excccd Ihc im►uunts penuiucd In br.I�r.ld by up�.iict�blc law,Lender shall account�o Borruwee
<br /> fur die cxccss f�unds in uccordtin�c wUh Ihc �ey�dreinc�dr of+qiP�i��+d�le luw. !f il'+�e umount of the Funds held by Lender at any
<br /> timc iti not suFticient to puy the Gscrow Items wlieti duc. I.endar muy tin nudfy 13+srrowcr in �vriting. and,in such ca.�Bonower
<br /> shull pny to l.tinder Am tuti�ount neceysary U► ntnkc up Ih�d4(icicney, 13nrruwer•shull make up the deficiency in no more than
<br /> twclvc m�mthly paymcnt+. ut t..endcr'y+nle Ji:+crcti�m.
<br /> Upon pi�yment in full ol' ,dl tiunn ticrured by Ihi�, Security li�su�umcnt. L.:nder shall prumptly refund �o Rorrower any
<br /> Funds hcld by I.�:nder. If, undcr puragri�ph 21. IAndcr�hull ucquirc ur ycll Ihe Property.L.ender,prior to the acquisitinn ur sale
<br /> of thc Propeny. 5IIQII U�1rIy Iltly FU11lIS IICIII I1y IAl1lIl'I�711 II14 IIIIIC nf ucyuisilion nr sale as a i�reJit against the sums secu�ed Uy —
<br /> this Sccurity Instrumcnt.
<br /> 3.Applte��Non oP Puymenty. Unle,ti�ipplicat+l�hnv pruvid��s utherwitie,ull puyments �cceived hy l.ender unJer pF�rugrap �
<br /> I und 3 shnll hc iipplicJ: Qrst. to;iny prcpaymcm clmr�tcti duc uod�:r Ihc Ni�lc; �cccon�f.tu umounts pay:�hlc undcr paragraph 2:
<br /> third,to intcrest duc; fuurth,to principid duc: imd lunt, tu�my Int�:chnr�scr Jue undcr thc Notc.
<br /> A. CbarRe�; I.lens. Bnrrowcr tihull pay cdl tnxc�, ussesvmcntti, churF3es, tincs und impositions Attributai�le to the Prapercy
<br /> which may attain priority avcr th�s Sccurity In»tn�nticnt, nnd Ir.utichuld p��ymr�nts or grcund rems, if any. Borrawer shall pAy
<br /> thcse obligutions in�hc m�umce pr�wided in jsaraigrapl►�,or if iu►t puid in Ihnt munncr. Bnrrawcr shall pay them on time directly
<br /> to thc person ovred puyment. Borrowcr shall prompdy liuni�h�o I.endcr aU noticcs of umounts to be paid under this paragraph.
<br /> If�orrowcr mukcs thesc paymentti dircctly,Burrawcr hNall pmmptly furnish��} Lendcr receip[s evidencing thc payments.
<br /> Borrawer shaU promptly di,chnrge uny licn�vhfch iui+priuruy uvcr this`iecurity Instrument unless Horri�wer: (a)ugrces in
<br /> WTrting to thc paymcnt of thc ohligutiun sccurcd t►y Q�e Ifen in n munncr ucccptnble to Lendcr:(b>contests in gcx�d faith the lien
<br /> by. or defcnds uguinst enforccment of thc Ifen in. Icz;ul pir�cccdln�;ti which in the IAndcr's opinion operute to prevent the
<br /> enforcemcnt ot'the lien: or(c> sccurc+i'rom tlic hulder ul tl�c licn+m i�}��r:cu�cnt tiutisfuctory to Lcnder subordinating the lien to
<br /> this Securiry Inst►ument. If Lender determincti th+U ui�Y part uf���e {'ir�Per4' is tiub.ject to u lien which muy attain priority aver
<br /> this Sect►rity [nstrument. l.cnder muy givc l3�irriiwcr n nuli►:e identil'yinEt th�:licn• Burrowcr shall satisfy the lien or take one ar
<br /> morc uf thc nctions set forth aibuvc �vitl�in 10 da�y+uf thc Fliviny,uf nu�icc.
<br /> 5. Hur.ard or Property Gi�ur�nce. E3urrower �Indl kcep the impr,�vcments now existing or hereufter erected on the
<br /> Property insureci against luss by fire, hur,irds includc�l withi❑ iUe t�rm "c:x►euded ruverabe" und any other hazurds, including
<br /> fl�xxis or floodinF, for which l.ender reyuirc� Ioi+urance• 'I'his intiiu'unce 4hall hc nuiintained in the:�mounts And for the periods
<br /> th�+t Lendcr rcquires, inc in,w:��«C car���r i�r..����.i; :!!� !::`:l:::s±c�. �!!�!�� h�rh��.en hy k3urrowcr subjcet tc, Lcndcr's c�pproval
<br /> which shall not be unrcusonal�ly withhcld. It' Eiurruwer fuil�tu nudntiifr� rnvcru�c ��eticrihcd ubave, L.cndcr may, nt Lender`s
<br /> optimi. �btuin rnvcragc to protcct L.endcr's rightr in thc 1'iY�peny in iucur�lm�cc with pcirngruph 7.
<br /> All insurance policies and reiie�vitls�hnll he ucce}�tuhle tu l.ender cmd shidl includc u standard mortgage clause. L.ender
<br /> shall huve the right tn hold the policic�:uid renca•i+l+. 11 Lender requirc+. [3urruwcr shidl pr��mptly give to Lendcr all reccipts of
<br /> paid prcmiums and rencwnl notices. In thc cvcm of lu�.,Ilurro�vcr�I�all givc prumpt noticc to the in�urunce carrier and Lender.
<br /> Lendcr nmy mukc proof of ioss if not madc promptly by 13onmvcr.
<br /> Unless Lender and Horrower othcrwixc asrcc in writing, in�tu'+mcr pr�kcrds tiliall hc upplicd to restarution or repair of the
<br /> Nroperty dumuged,if the restoratiun�ir repair iti ernnomicaUy f�:atiible nnQ l.ender'y+ecw•ity iti ni�t Ics,enecl. IF the restoration or
<br /> repair is nut cconnmically fcusiblc��r Lendcr'� �ccurity wuidd be Iessencd,thc in+ur:mcc pnwceds shall be npplied lo the sums
<br /> securcd by tttis Securiry [nstruntent. whether or nu� then due, witl� any cxcetis puid to l3urrowcr. If Borrower abandons thc
<br /> Property.or does ni�t answer within 30 d:rys ii notlre from I.encler thut the intiuruncc rurrier hus offerai to settle u claim, then
<br /> l..ender may collect the insuraucc proceeJs. I.endor muy u�e the pr�xec�ts ti� �����+�ir cu �euore the Property or to pny sums
<br /> saured by this Securiry Instrument,whether or n<�t thun duc.'1'hc 30-�liry�ri�xt will Ixgin when thc notice is givcn.
<br /> Unloss Lendcr and Burrowcr othcrwixc agrco in writing• un9 +�rr���t«����� °r� r�''x�M�� ta principal shall not extend or
<br /> postponc the duc dnte of the monthly paymeuts referred to iu purugraphs I i�nd 2 �u ch;mgc the umount of thc payments. If
<br /> ander paragraph 21 the Propeny is acquired by l.ender, liorrower's righr to any in�unince�wlicies und prcx;eeds resulting from
<br /> damuge to the Propeny prior to the ucqui�i[ion.hnll pu��to l.end�r to the extcnt of thc tiumti+ecurul by this Security Instrument
<br /> lmmediately prior to the acquisition. � y,
<br /> 6. Occupancy, Prescrvutfnn,Malntenunce und 1>rot��cHun ot tl�e!'ru rt ,ISorrower'y la�an Applicatton;I.easeholds.
<br /> Borrower shaU accupy, cstublisl�,.uiJ usc thc Propeny a�I3orcower'�principul rc��dcncc wfthin sixty duys ufter thc cxecution of
<br /> ' this Security Instrument and shuU continue to occupy the 1'm�x.ny as F3��rrnwcr'�princip:il rr5idence for ut Ica.�t one year after
<br /> the di►te of occupanc��, unles�I.ender oth�rwi�e a�ree�iu �w•itin��, which c��n�cnt.h:dl nut Ix unreu�unably withheld, or unless
<br /> extenuuting circiunstunces exist which nre beyond Hurrower's contr�+l. liiirruwer �hnll not Jrstr�iy, damage vr impair the
<br /> property, allow the Property to deteriorxte, or ronunit wa.rtc un the Pro�xrty. I�nrru«•cr sludl lx in default �f any forfeitun;
<br /> uction or proceedin�;, whethcr civil or criminal. ih hegun that in I.endcr's gwxl huth ju�lgmcnt could resuft in forfeiture of the
<br /> Property or otherwisc mutcriully impair the Ifen�re:dcJ hy thiti Sccurity Imtrumcnt nr�•cnder'+�crurity intcrest. Borrower may
<br /> cure such a defuult and reinstate, as provided in parc+grnph IR, Hy ccw.riu►�thc cuti�m ur pruceedin�ta h<<litimissed�vit�i a ruling
<br /> that, in i.�endcr's good fuith detcrmination, prerludeti lorfciturc uf thr liorruwcr'ti int���ctit in tha I'ru�rty or othcr material
<br /> impairment of die Iten crcated by this Sccurity In�tniment or l.cndcr'ti scrurity intrrr.t. liurruwcr �h;dl also bc in defAUlt if
<br />— Burrower,Juring the l��an applicatiou pruccs,.gi�ve mitterially falsc or inacrurutc int+�rmatfun ur.antcmcntr to L.cnder(rr failed
<br /> t��provide I..ender with any matcriul informatinnl in cc,unerticsn�vith the I�um cvidcitted hy Ute Nute. including. but not limiteci _
<br /> tu,representutions cunccrnin�Burro�vcr's uccupancy uf thc Properry uti a princfpal rctiidcncc. If'thi.Sccurity Instrumcnt is on a
<br /> Ict�sehold, Borrowcr shull comply �vith all tha� provitiiuns �of U�c leu.rC• If linrrowcr :►equircti fce tidc to thc Pruperty, the
<br /> Iciisehold and thc fcc tiNc shall not mcrgc unlcys Lcndcr ugre��s[u thc mcrger in wrftiu�;.
<br /> 7.Protecttan ot'[xnder's Rl�;hts in the i'r�,�xrtv. If 13urrowcr Fail�tu�xrf��riii U�c ruvrnantti untl ugrccments contained in
<br />— this Securiry Instrument,or tliere is a Icgul pro�ccdinb thxt may +itinfl�ir:uuly �dTcrt I.�ndcr'�rightti in Qic Property ttiuch as fl
<br /> — proceedinb in bnnkrupccy, probatc. for co�xlemnatlun or forlciturc or tu eid'un:c In«�+ur re�;uhuiun,►, thcn I.�nder may do and
<br /> pay for whatevcr is necesutry tn protect the �•nloe of tlic r�Y,���r�y ��n�� i.,�,�i��•'� ri�tht. in ihc Pruper�y. �.ender'� actionti muy
<br /> includc nuvinR uny sums �ccurcd by a Ilcn which ha�. priunt) u�rr di��..tie��wi�y...imt,umcmi.,i����i„���.����d.�r thi��rnar�.�icr.tnh
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<br /> -- reustmab7e uu�uncys f�e�.ittd Ct1tl`�1It�?utl UIC Yrnperry n� �un�c ��j;����•. . - •
<br /> — 7.f.endcr din,not h.ivc tu du�u.
<br /> Any cmluunts ditihurscd hy Lxndcr uncicr Ihiti pariil:r:t��h 7 �lu�ll hrr�mir :nldiu�•ird �Ichl nl H„rr��acr �rcurcd by this _
<br /> = Securiry histrumcn�. Unlcss Borruwcr and Lrndcr,��rcc lu�,Ilirr icrm, ut �r,rvmr��l, ih�•,r,i+nnuni, ,h,dl hr;u inlcrc�t fr�,m thc _
<br /> — datc uf disburscnunt at ihc Not� ratc ancl +hall be papahlc. a•ith intrre��. u�un► n��lu•.� tnmi I..n�ler i�� Hurnnv�r reyuc+ting
<br />:� paymcnt.
<br />_� S.Mortgnae Inyurtutcc. If Lcnder nquirccl mun��iE:c in,urancr u��i r��nctniuii nl ni�i4�inE:Ilu�I�,.m�.•�•urc�l hy thi.ticcuriry
<br /> — Instrumcnt. Bormu�cr �hull pay dic prcmiu�m rcquircJ io muintuin ihr mu�1}�u��r m,iu,�m�• in rurci It. I�a• uny rra,un, thc
<br /> mortgugc insurance rc�vcragc n:quirul b}� Lrndcr I:IF11lti ur rc:l\l1 Ill Ill in cllr�l, 1luu����rr ,hull ����y Ih.� pi�u�ium, rtt�uircd tu
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