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<br /> � TOOETHER WITH �I th�ks�prov�rn�nte now or hxMftw erected on the prop�rty, �nd aM e�e�meote, appurtenRnca, �nd
<br /> � ' Ilxtur�e now or h�rNtter i p�A a��he propaty. AM roPNc�mente �nd addilions ah�N sbo be covxed Ay thb S�curity inntn�mml.
<br /> All 01 Ihe foreQolnp Is re!err�ed lo in lhle Sece�dty Inetrument �e the'Propary.' __
<br /> BORRUYYER CQVENANT9 th�t 8ortower le uwtulN nelied o1 the �+etate haeby conveyed �nd hRS lhe iiyht to pnnt rnd
<br /> conv�y Ih• f'ropaty •nd lhnl the Property le unMGUmbared, except tor encumbr�nc�� a1 record. Barrower wur�nte end wNl
<br /> if�ls�d p�neaYy Ih�titl�to th� Praperty�qNna1 �M clakne�nd d�nds, eub��ct lo any encumbnnc�a ot ncord.
<br /> THI9 SECURITY IN9T'HUMENT comb{nee unN�rm �ovon�nte for n�tlonal use �nd non•unllortn coven�nte with Nmltsd �
<br /> vufation�by wrlsdcpon to constHuh �unNortn aacurity In�trumMt covsrkip rNl praparty. y
<br /> IiNIFORM COVENANT9. Bortower�nd Lendw covm�nl�nd�prse�s toAawe: '
<br /> 1.Piyiti�ont a?Prtnclpal end Interset; Pr�p��r��nt �nd L�te Ch�rpu. Barrower eh�ll prompty pay whm � c
<br /> dua th�prf�clp�l ot and htdrnt on the debt widenced by th�Not��nd eny prep�yment �nA kto chuye�due unda li�e Nole.
<br /> 2, Func7�for 'i'uc���nd In�ur�ocw.SubJect to�ppNcable law or to�wrltteri wahru bY Lende►. Borrowar eh�M pay d
<br /> to Lenda on th�d�y monthy Wymeni� �re due under the Note.uniN the Note le p+ld In tuu, ■ sum ('Furtda') for: (�) yauhl
<br /> e� I�as�hotd �
<br /> t�xes �nd aaa�aem�nU whkh trwy �ttun PdoritY ovsr thls Saeurity Inetrument �s •Nen on ihs Proparty; (b) y r1y
<br /> p�ymmts or q�ound r�nte on th�Prope�tY. H�^Y; (o)Y'N�Y hurrd or property hnunrtc�pramlums; (�)ye+irly flood k►sunnce
<br /> pr�nlum�, N any; (e) yM�hl ��SA9a �sursnce prem{um�. H rny; and (Q �ny sume pay�ble by Bortower to Lender In�ccordmce �
<br /> wNh lhe provistone c�f pn's9nPh 8, In lieu o1 the payment o1 morty�ye Insuranca premiuma. These flems era c+iMed '�suow
<br /> flKns.' Lender n�y.�t eny tfine, coNeet �nd hoid Funde In �n �mount not ta excned the maxknum 4mount a lendn for a
<br /> IedenAy relYted rnortyipe lan m�Y requke(or Borrawer s esuow�ccount unda the tedeml Rcal Eetate Settlanant Pro�cdure�
<br /> Act ol 1874 aa�mended fi'am time to tkne, 12 U.B.C. �2601 et scq. ('RESPA•), unles� �nother I�w that applies to the Funda
<br /> sets �lesser�maint. fi so.Lendar mey, �t nny tkne, cullect ond hold Funds h wn�mount not to exceed the lesser�m�•unt.
<br /> Lenda may estk�ute the amou�t of funds due on the tsaals oi arrenl dnU snd reasonabb eslMnates ot e�ertditures o1 tuture
<br /> Esaow It�ma or otheiwiss in accordsnce wfth sppNcabie 1Rw•
<br /> The Funda aMM be held In on instRutlon whose deposRe are Inaured by e iederal eyency, hsbument�YlY. or enUlY�hdu�p
<br /> Lmdn, il Len�Jer Is such m InstitutloN o� In any Fedenl Home he Funds, an aNy a�lyz�g tlhehescrowsaetount,tue E.a��
<br /> �temy,l.ender m�y not charpe Barower for hotdinp �nd �ppyk�p
<br /> the Escrow Itema, unNss Lender pays Borrower Interest on tha Funds and �ppUable Isw pertnRs Lender to make auch •
<br /> charge. H�wever, Lendx m�Y �equ�re Bartower to pay • onalkne ch�rge tor an fndepmdent roal est�te tax reportlnq servke
<br /> used by Len�x In cau►atbn wlth this loan, unlesa eppYcabie Iaw provldea othawlse. Unless an agreement Is m�de or
<br /> yKoNubb I�w roqukes htenst to be p�fd, Lencber sh�l not be requirod to p+►y 8orrower mY Interest or e�minps on the Funds.
<br /> Borrowx and Lendnr m�y�yreo In Writ�9� howeva', that interest ah�M ba pald on the Funds. Lendar ahaNapiv�w B�or%h _
<br /> wilhout charg�, �n annual �ccountin0 01 the Funds, ehowinp credite and debits to the Fund+�nd the purpo
<br /> debk lo the Funda was made. The Funds�re pUdyed ns additfonal securiry tor d suma eecxu�ba t s��^`stQ Bortow�
<br /> tl lhe Funds held by ladar exceed ths�mounts permitted to be he{d by�ppllable
<br /> ior the excess Funds In acoorduice wlth the �equkeme�ts of eppMcable kw. If the amaunt ot the Funda held by Le�td�r�1 ar'+Y
<br /> tMne Is not sulNder►t to pay the Escxuw Itcros when due, Lender maY s B�UfYa s�rtNke u�p tlhe �d�Acbncy infno mor�i l�l�a^
<br /> shal pay to Lender the amount necessary lo mtice up the delldency
<br /> twelve monthN p�yments, �t lender's sdn disaelbn.
<br /> Upon payment i�tu11 oi aii sume aeu,rw by i���s%aW's�'; ::%'su:.�=��°"!'!"-' *n.r oromaW relund to Bwrowa any Funds
<br /> held by Lend�r. If, undx p�raynPh 21, Lendsr ehaN�cquke or sell lhe Propedy, Lendsr,p�lor to the�c�qulakbt� o►sale oi th�
<br /> property, sh�N�ppy my Funda hald by Lender�t the 1Mm of �cqulsitlon a sde�a• crodil ��inst the suma secursd by thia
<br /> SecixNy Instrutnent. ts rac�ived b Lender under
<br /> 3. Application of Paytri�lttf. Unless sppBcaWe law provides othe�wiae, eN paymen Y
<br /> psnqr�phs 1 and 2 ah�N 6e appNed: 1Y'st,to �ny prepayma►t cherge�due under the Note; second, to�nounts p�yable under
<br /> psra�ph 2;thkd,to htereel due; tourth, to prindpal due;md �st,to any late charges due under the Note.
<br /> 4. Char�i; V�m. Borrawer shdl p�y �1 t�uces, assesamer►ts, chugea� If�es �nd Nnposidona attrilwtd�fe to ths
<br /> Property which may �ttiln PrlotilY over this Secuiily Inat�uma�t.�nd le�sehotd pa�ts a yround ronts.H�ny. Borrowar shal
<br /> pwy the.se oWig�Uona In the mmner provided M panpnph 2, or N not paid In lhat m�nner, Borrower ehaA PaY them on tkna
<br /> directly to the person owed P+Yment• Borrower shaN promptly lumish to Lendx d noUces ot unounU to bs paid und�r this
<br /> p�nyr�ph. H Bomower �ndcee these peyme�te dkectl�►. BorrowM si�M prortipty lum�sh to Lender recelpta avldeedny the
<br /> payments.
<br /> Borrower ahaN prarwtl/ diecharye �ny Neri which has pflotity over�ihis Security InsWr.�ent unleas����,����th�
<br /> writing to the payment a1 the obNgnUoo securod by the lien in� m�nner acceptable to lendnr. (b)
<br /> pen by, or detends �y�k»t e�torcema►t ot the Ye� In, leg�l prxeodings which in the La►der's opinlon npenta to prevent the
<br /> enlacement of the Man; or(c) securea from the hokler ui the den �n aqreen'+ent saUstadory to Lendet subordkiadnp the Nai to
<br /> thia Se�xirily InaWmant. It ler�der daterttdaes th�t eny paH ot the Properiy Is subject to a Nen which m�y atWn pdorMy over thla
<br /> Securky Insttumet�t, Lendar m�Y flive Borrowsr�noUcs Idendfykiy the lien.8ortower shal aaUsty lhe Nen or tdce one or more of
<br /> the�ct7ona set lorth rxsw within 10 dayns oi the pivkip ot notice.
<br /> propnty Ins�uro�d�yadnst b s•�fke, hazuds Inciuded with�t e term 'extended covaraye and any othe�r hazu sd , Indudfnp
<br /> Ilood�ur 1{oo�np, tor whkh Lenda requfree fnsurance. This Insurence eh�N be m�hUlned In the�mounts ond tor the periods
<br /> that i.endet roqufrea• The Inaunnce cartie� providinp the Insurance shall be chosen by Borrower subJect to Lenda's approrai
<br /> whkh shNl not be unre�eonably withhetd. H Bortowx faQ�to msintAin aoverage desaibed above, Ler►dor muy. et Lender's
<br /> optlon, obtak�covenye io protect Lendr,r's Qighte fn the ProRnrty fn eccordence with pan�raph 7.
<br /> A!1 fnaur�nce poida��nd renewals shaN ba acceQUble to Lender �nd shd) Inciude ■ startdard mortg�ge dauae. Lender
<br /> sh�l h�ve the right to hold the poNcles �nd renewals. H Lender requkes, Bortower shdl promptly give to Lender AM recx�pts of
<br /> �ald prerr�fume end ronew�l�otkes. In the avent of los�,Oonower aheM give prompt notice to the inaurence carrier and Lmder.
<br /> Lendx may mdce proof ot loaa K�ot made promptiy by 6ortower.
<br /> Unless Lendx+nd BoROwx otherwlse agroe fn wrl1Y+9, Insurance proceeds sh�tl be appRed to restoratlon or reprk o1 the
<br /> — property dwnaged, if the restontlon or rapak Is economlcdly teasible and Lender's securRy Is not lessenod.II the restoro�don u►
<br /> rop�ir�s not economlcaly lessfble or Lander's securiry would be lessened, the haunnce proceeds ahaY be�ppHed to the suma
<br /> secured by thls Securtty InsWment, whether or not then due, wlth any excesa p�id to Borrower. If Sorrower absndons the
<br /> property, or does nol answe�withln 30 days a noNce from Lender that the fnsurance cur(e►hsa oTferod to setrie=o�y�sums
<br /> Lendx m�y coNect lhs Insueance proceeds. Lender m�y use the proceads to rep�ir a restore the f'ropaty
<br /> securad by thla 5eaiily Instrument,whethx or not then due. Tha 30�d�y perbd vril beph when the notice is ghren.
<br /> Unless Lender md Bortower otherwise agree In w�iting, any applicatlon af proceeds to princlpal shaN not extend or
<br /> � post�.one the due d�te ol the monthty paymenis rcferred to in paregraphs 1 and 2 or chenge the emount of the peyments. Ii
<br /> — under paregroph 21 Ihe Property is ecqukod by Lender, Banower's dght to eny Insurence poiicles end proceeds resufting irom
<br /> — demage to the Property prior to the acqu(siUon shaN }�ass to Lender to the extmt of the aums by thls Security Instrument
<br /> — Immedlatdy pdor to the ecqu�snlon.
<br /> 6. Occupancy. Proaarvatlan, M�fnt�nanc� ��d Pr�ot�ction of the Proporty; Borrowsr's Lo�n
<br /> = Applicatian; 1.�1�ho1dl. Bortower shaN occupy. eswblish, and use the Property as Bortower's princlpal residence w�thln
<br /> ___ slxty daya eRer the execuUon of this Securiry Instrument ead shaA cont�.�ue to orcupy the Property as Sortowet's prfndpal _
<br /> ✓ti �esidence tor el leeist one yeer efter the date ot occup�ncy, unlese Lender otherwise egrees M writing,whlch consent sh�N not
<br /> � be anreasonsby wilhheld,or unless extenuaUng circumstencr.s exist whlch ere beyond Bortower s control. Borrower shaN not _.
<br /> � deotroy, damege or Ynpalr thn Property, �Now the Prupedy to deterlomto,or corrmVt w�stv on the Property. BoROwer sheN be in -
<br /> ? defeuh If any foAeiture acUon ur Qroceeding, whether civi or c�mfnal.Is begun thH M Lender'a good lalth Judgment could resuR
<br />-.-= in forteiture al the Property or othervvise materiexyr 4npalr the Ilen created by lhis Security Ins1rumeot or Lenders security intefast.
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