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<br /> 'fhe Funcls shall t+e held in un institudon wh�.�so akpnsiic arc in,urccl by u f'cJcrul ageiK'y, in�uii niw ur, �u�ndty
<br /> (including l.e�xlcr, iY I.e�xicr i�+uch an inxtiwuun)or in un��rc+Ic�Yd Ho�uc Luan Hunk.l.c�idtr xh�►II upply�he F���►J.i t.►pNy�hu
<br /> E.xrow Items. i.a:��lcr muy iH��chargc&►rrawcr tiir i�ulJing nnd npply{n�Ihc I'uixl`. unnu�dly�uh�l}�eh��!Ihc��un�w uctrnint,ur
<br /> vcrii'ying thc 1?tirmw Ilcros,un�nti l.cix1cr puys fi��rr��µrr intcr�ti►un�hc I�uixls m�l uppIlcnble luw prrndl+I.cixk�r lu iYU+ku:.ui:lt
<br /> u charge, However, l.tiKler nwy reyuitr&►rruwur t�� ��a�• n��nr.•�ime^churgc fur�in ondependCnt t+etd e��ute tax rc��nh�g��rvii:c;
<br /> u�ec1 b)� Le�xler in a�roxYti�in with this I�wn, unlc.s npplic:uhlc lu�e pr�widcs �ithcrw-ine. L�nlc+� un u}tr�Y�nwni I. nunle ur
<br /> ���licahle law rcv�uirc�intcrc�t tu kx paid. I.c�xlcr cl►�dl nai hc requinyl to�;iy Ilurrawcr uny int�m�t ur carninp. un Ihe NwKls.
<br /> Borrc�wer rnJ l.eixier nwy�eroe in writing.M►w•cvrr,thut fntcrcst �hull t+c puid�m thr.l�wxlA. I..cixlrr�Nrll glv�in N��rra�N�cr,
<br /> withi�ut churgc, an annuul�counting of�hr��u�x1s. shawh�g crcJits uixl dcbit+tu Ihu I�urxl+auxl thc pur(►a►x C.�r whlrh ��uch
<br /> dcbit tc►thc I�u��l�wuc made. "i'hc Hw�l.u��plcvlg��] asa+:ilitla���al sccurisy far•.�II�um�sr.�un�d hy�hf�ticruruy h►�in�nxnt. ._
<br /> If�hc FunJs heid by I.e►xlcr exreed ttx anxwnts pern�l�tcxl�o�+c hrld by a�plicablc luw.I�e�xfcr+iwll u�ri�un�i�� 4k�rrow�r
<br /> fur�he excess l�uncis in uK:a�rclanee with�he r�eyulrcnxnt�of upplicuhle I:�w. tf the unrount of th�:f�uixls hrld hy I.�xler ut+my
<br /> tin►r,is not sufflcirnt tn�y�hC�sc'n�w itemx when duc, Lei�1�:r ou►y s+i ix�tify &�rr�►H�cr in wri�ing,:uxl,in tiuch cau� Ik�rru���ar
<br /> �hull puy to I..rrnicr the xnxwn� nocesc�ry to nu�kc up thc def icie►k:y. Px►rrowcr hhtdl tnuke up thc ttcti�icni)�i�: nu :nnrc th«n
<br /> twclvc monthly paynxntc.a�l..cnder's u►Ic dis+:rction.
<br /> U�n pnymcnt in i'ull��f ull SUf11N tiCG11�C(I hy (I115 Sccurily Instnimcnt. I.cndcr shull pn►mpUy rcfw►J�o lin►-rower nny
<br /> Eur,�s held by I.cncicr.If,under purngr�iph 21. �..endcr shall acyuirc or scl!tl�r Pro��crty. �.���dcr,�rior ti►the;�qufsitiim nr udc
<br /> of.�he IPr.x�+chv,+hnll apply any Fuodv helJ by l.cndcra� ihe tinx of ucquisition or snlc�►y n crcdu ngxinu Ihc�;ums�n:ured by
<br /> I;I.t.i.s�!�[YtCttg lllsll'lIn1COl.
<br /> 3,Appli�llon ot Paymeots,Unle�s a�lncafr��!aw provi,dec crthc:r�vise,odl�t�Yntents recci��ed by I.erxler under puru�eraphs
<br /> 1 anc12 sM�1C F,►c appliaf: firct.u�an�r �r.pWaFET�cnr.cM.aqc�a duxc uixJ:r,r.ttM Note:,ccond,to umounts paynble ui�l�r par�rnqoh 2:
<br /> thirJ.1w im.tcra:tit du�;founh, tn priixepa�[�,fuc:a�xt�a��t,c,r an?� Catc�.t:�ze{�cs�lu�undcr thc Notc.
<br /> 4.Ch�rR�c; Lknv. Borrower stu+li pay at[tax�:�,assessn�ent:;.clixicgrs, fiftxx atxl imposilion�uttributahle to Iln�e Prarpen:�
<br /> which nwy ettain priority ovcr thiti 5�xurit�� Instretr.r.�me, unii lrnti.:ix�id }�a}'+.�.cr�:s.�r gmund rents. if utYy��l�n���R�tl� -_
<br /> the.0 obligatiuns in the manner pmvlde�iro pnragra�n 2, ur if�xx paid in i;�.: ��.r'c.Bt�rrower sltall(+�, Y
<br /> to thc person owai payment. Borrow�er shAll pramptl��lurnish to!r_nder:il1 nhNice:�of ae�xxutts to be p�ued ut�kr Ahis�para�¢ssipi�.
<br /> (f Borrower makes these peyments dirat�y,Born►wer sha��promptly furnish tn�l.ea'�ier roceipts eYicie�ncing kCoe paxm�mts•
<br /> iiornuw�er Ehal1 promptly diu:i►ar�CC auny lien which has priarrty over this S�curne�•Inserument unfexx B'�'mroN•er(`�3 z�k'�1°
<br /> writing tce�he payment of tho obligati��a s,ecurcd by t{x lien in�manner acce{�table to Lemler;h�rE coritests ii�n Ra�od(aeth eirr.A��n
<br /> by, or dcfends against cnforccment �7t tbe lien in, legal pmceedings whiclt �n� tlee Ixndcr's 4�ini�x�o(ae�tc ro pa►c�at thc
<br /> enforcement of the lir.n; or(c)securrs from the 6olde�of�he lien an agreemc•r.�c�.:r<<asfaciory tn ixncier�uMcri�;linating the lien to
<br /> tBis Secu�ity lnstn�mcue.. �f l.ender cletrxmines that any part of the Prope�tp ;�:��u�m.lc�t to a lian which m:�� ettuin priority aver
<br /> this Sccv:r;:r�° ltls►n�menR, i,zndcr muu r°��e B�rrowcr a notice idr.�tifying tlw 'in�zt:,. I3o�rower shAll satisfy the lien a eake one or
<br /> moro of tnr�;aotioos s��t fonh abov::'v'�n�fian l0 days of the givir�;;r,(•'c.otice.
<br /> 5. 't9uzard or Propa't7 inau'.�r�• �°rt'°w+er shall kery �:i?�c impruv�smnts now existing or tKreaflcr ercctod on the
<br /> property insured againtit las by 6rc.dia7ards inctuded withiu ihe ttrm "exrtr,,reled coverage" and any other haz�rds. including
<br /> Iloods o�tlooding, for which Ler�der�uires insua�nce.This in�ur+u�ce.ha1q �:�ntainal in the amounts u�d ta the periods
<br /> dsat Lenckr roguires.7Yte insuranea c•.�ri�er providing ij�e iu:�ut�two 3tw1S � :�;.%.�n b� P"rn,w�s�uF+jec�to Irnder's�prov�►I
<br /> ' whic3n sC�a!�c�oc be unresuinsbly •�,�r,h��`rr.1d. [f Bomower (aila an manintain raoverage�ri�a ve, Lender m�y,at Lender's
<br /> . option;��r,�.rrca�n coven�ge to protect a�rrd�r's rights in the PropcYt} ay�aCCardattce wilh
<br /> • A�.1�,,,c�.,c�7anor,policies and ror�es�:!.ls shall be a��pleble I�� L,a�i�er and shall include a st�udarct mori8�8e cl�ta�,o. 1..:�taler
<br /> shall t�sivr th��i�ht tu.I�:rld the poliCies and rencwals.[f Lcnder r,ya�iurr.:.�zmWer shall promptly givc to l..ender dt rcc•e:S;c;pf
<br /> paid�rcmiumf eaMB r,:>a�es,�•�P qwtices.In the evcnt of luss,Horrower cna9d ga���.y�+•,,,'��P��Ua to the msurnncc car=ier ancl�a`•
<br /> • �.ender nnnv Inakr.p.r�����',a;�loss if not made promp�U�•`�+±:Bomou•ec.
<br /> ' ' Unle:�y r�.rndcF�X ���wer c►thenvise agroe in writing,1lL:t'NJ11YM�:�b4��c':v:�':�.s�ll be applied to rest•�,u��.ian a r+eQ�ir of the
<br /> Property clan�oged.if the restoration or tepair is economically f'ea�;:i�it arx!9;i;� et's socurity is rat lasened.1F tlx restoration or
<br /> rsQair is�wt oconom9cally feasible or Lender's securiry woutd bt Icssenad.t�insurance proceeds shal�b��rliad �°the sutns
<br /> socural by this Security I►�strument, whethcr or rwt then due, with any Gx+:�.s�puid to Bormwer. If Borrowa�band�s ihe
<br /> property.or ciocs na a+sswer within 30 days a aut;t.:e from Lender that the iri;n��;ana cxrrier has offercd.to settk� clum,thai
<br /> Lmder m�y colloct the insurance proceeds. L.e�uic�. msay use the proceals to"iepair or restorc the Prnperty a to pay sums
<br /> securad by this Securiy Inurum�nt,whether or no�r1�:�due. The 30-day period will begin when�he notice is given.
<br /> Unless Lenckr and Borrower otherwise agrtx in wri3ina;'`�rn.y application of proc�cL,to prineip�l shall nnt extaid or
<br /> pcutponc the due date oF the monthly paYments refemed t6 {ii;�a�,^.graphs 1 and l or ch1'�ifi:1� ��M of[he payme�►ts. if
<br /> ut�der prngr�+h 21 she Prop��rty is ac;{�uired by l.e.eder.Borrowtr�s h�ht to any insur�nce Folicies+ud Prc�ceods rcsultittg fmm
<br /> d�una�e ta the property prior to the acpuisitio�i�.�vi�Nss to I.etdcr tn thc ex�t�t:af the sums secured by i'his Sacurity Instn►tntnt
<br /> inur�odiAtdy prior to tha�cquisition. � ��
<br /> 6.Occ�p�ocy,Pr+eaer'ration,Maintauate ymif F'ratectlon ot t6e Propesl�,
<br /> $oirrow•er's I.o�n Ap��ivat�o�;i.e�neholds• � .
<br /> Hormwa siralt oocupy, aWablish.and use the Property •rs Bo�nuwr.r's principal r�idence within sixry days anPr the exec�tion of� .<<:
<br /> this Savrity Incerumrnt md shall oontinue to occupy the Wroper,tv as Borrower's principal rtisidence for at les�t o�ae�e�e aRer .•, ;�, ,
<br /> , .�� the da�e oF occupxncy. unlcss Lender c�thetwise rgrees in�vritin;q.which mnsent shall rwt be unressonably w•ithheld,c�urtlrss', ;
<br /> � ' extenuati� circumuanca exist which are beyond Borrovver's rnntrol. Borrower shall not destroy, i�."��or impoir the ;'
<br /> ' '. � NroFerty, allow the Prr�perty to deteriarate. or commit wastc qn the f'roprrty. Iiomowor shall be in d:.�fimit i(�ny fo!f'eiturt
<br /> � ' actia�or proceoding, whether civi)or criminal,is bcgun tlaat i�Gender s good faith judgmsnt could a+c1;�a,1::.;,r� forf'ei1►4s�t.ot the
<br /> properry or atherw�ss m�ICri�lly 3mpair the lien c�+atod by tTrc,s.:�nu���iry Instrument or Cti�xkr's security{�1i�trcst.Borm„R:�rr�y
<br /> - curz such a defwlt anci rcinstaic�a�1�iry�vided in par�raph 14�.Iti;,eausing the action or prnceoding to be dismissad w'eth•a�uling.
<br /> - tHat� in Lc�xirr's ,�ood faittt dexe«vvriuwtioti, procludes forfeiture af'tho &v�mwer's intercst in the i�n�erty or otha matenal
<br /> r; ' impaim�mt of the li�:+�,crcatcd by this Security Inurumrnt or Lender's sca�u;r;i;r interest. Borrowcr shall �Isn be in detwlt if � ,,.
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<br /> :j � Aormwer,during the Youi appficat�on Pro�ss.gave maarial ly false or it�t�uaa,ite infornution or u��ts to l.rnder(or faife��
<br /> - :. Ro prcwide Lencicr with�ny ���information) in onnnxtion with the laan�rvidence+d by the Nae.inrluding,hut not limitad !. �
<br /> :!: t,q,�sentatirxu cawetnina Bu�Kr.r�we�s occupancy of thc- 1Pn,�rty as a principal�iexidla�s+�t.If this Securiry Iaarumsnt is on a
<br /> #�,ef:r,,��l. Burrowrr s1u11 rnmip(p o+ith all thc provisxrn.�a aC t�be Iea�e. If BarroKte er:yriira fec tide to the F"rc�tr.ey. thc
<br /> kascl�otd snd ttee fee[iUe shall not mcrgc anl�.ss Lcoder agru�s u��the merg�*s iR writing.
<br /> 7,Protectba ot�.eeder's Ri�Ms iN eWir�nw�erio.If Horrouer fai;ls cn>�uform the covenants arpd,�gramrnt>cnersina3 ie�
<br /> this 5ecurity Instrumant,or there is a Ieg�li�7nxrx�dirry=_t6�t miy sigrti�'nc,a�+At1��et'fect L,ender's ri�hcs iir,r.l!�x:I'�operty Esuch aa t
<br /> pra;ooding in bankruptcy, probate. for can�k.�ma+►:ian c�r fi»r1`eiturc or c�z estfut�e laws or reguEatiaT�l��tJ�x�t(.�r�'rr�5,ckT�S
<br /> pa�� I`c�r wlwte�•er is necessxry to prdect ihe v�1u�a��fre lE'tupc.�rty and Lender's rigf�:u in�he FYnp�t��. 1Letud�r'� ryct:ifi�ns may
<br /> infruie uavin� aiu� sums s�cu.r.�1. Uy a licn which ihr� ���iontyr t�ver thes Secu�it�r lu�urumcnc. a�p{�eatin�t [R GFJII.PI',. �ilyltl$
<br /> '-L���...�..�..I.�.w:.w unrirrtL4isinugv.tad�
<br /> rex;onat►le attaney.c' I'tt5�u.i W1fC1'it]tyT OD lhC Ytt�tt�}IO rnaKe'r��e��. niCvatig��w..w.....7 ....�..._.-"----.. . � .
<br /> 7.�,Clldtf d0�4 IDUf I1fl`��t 10 d0!�A-
<br /> An�� ar►w�a��cti d4sbursed by [.encfer u�x1Gr this p�ragr;q�i�• ? s�raa7:Fxx:umc additional cicbt of Borrc,wer securcd by this
<br /> date of disbursrment at�the Nae rate���ii e�wy i�iw�i�v��th. rN�rcst�pcm noti�fnmi Ixnder't klozrower��cquest�g
<br /> P�Yrtxnt.
<br /> 8.haortra�e l�rtnce.If Leoder rcyuiroci mortg�ge inw�uice tti a conclition of malcing thc lw�n sccurod by thi�Secunty
<br /> Instrumrnt. Brx�n►w•er shall pay the premiums rrquir�al to m�icuain tfx mortgs8e insur�u�ce in cffect. If, for u►y reason. �hc
<br /> nxxtg�ge�nwrance ro�•er�ge�quiml by Lxrnkr I�►�ts or asscs►o bc in cffect.Homnwer�II p�y�he prcrniums rcquirod w
<br /> obtsin cav�r�o sub.u�ntially cyuivytent w the mortgage imuraoee prcviou�ly in e(fcct.at a cost substanu�lty equi�•�IcrM tu the
<br /> cti►ct to Borrower uf thc monga�tc ins�erancc previou�l}•in eftect, from an�Iternur moAgage inwrcr ap�xovcd by f�ender. If
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