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<br /> � 1. d PeYcIpN,l�lenail wd LNt Cl�e. Banowa cbdl pwy wbe�due the pdntipd ot.aid i�pete�a an,
<br /> - - the de61 a�iry 1he Nale and tria ciwi�due uadcr the{Yatc. --
<br /> 1 MqMhif Ml�d 7Uxs.l�a�ce a�d OtMer� Qamuwer citdl loclude in esch marhfY WY��
<br /> � lo�etha with Qie p�inclpd aad i�ueneu a�et fahh in d�e Wae my I�ta cl►��e�.�n insullmnu ot sny lal wce��nd _
<br /> speclal asta�naq�{cviod a w be kviod�inst the Prapaty.(b1 kacehold p�ymeata or Qr�ound oau�an 1he ProQe�ty.�nd -__
<br /> -- (c)P�'enduata fa b�airaace�oquin�l bY Pu+�aph 4.
<br /> - F.ach monthly iissulimau tar itanr t+�l, ibl+ud (c1 ahwll eqwl ona-tv►�elfth af tha�anual ama�aqs.s� �r�so�ubly
<br /> — -- -- -- e�imt�od by La�der� �us m amaunt sufTicient a mainudn aa addlllawl balunce of�ot mme than one•ai�th af the =
<br /> � estim�ed unouen. 7�e fuU Annwl amaum for cach item�11 ba aocumw{wod Ep Lender wUhi�a perlod endinQ aoo -`
<br /> month beforo a�item wauW bocame delinqueo� l.aido��II hold tho amouNc od4x�1a1 io uua to p�y itans(al,lb1+�nd _
<br /> (c)befae Ihey becama dclinqua�w
<br /> i If at�ny Wne ihe toW of�he p��meros iield by L,cndet t'a i�ems la),(bl amd/c), r wi4h�he fulwo moMhly
<br /> -= p�ra�.s kx snc�itamc p�yabla w l.endet ptior to Ibe due dMes of sucl�ikms,eaa� n�ac d�ao one•siath Ihe
<br /> aRemMed inaount o�p�ya�aMs�oquii�ed to y such items whn duc.�nd ifp�r an 1Ae rta�aur cumcal.Uai I.ender
<br />�� �QO eidha ref4nd tbo c�aess over one•�of'tLee wuaated paymrnis or c�nodit��orer ane-si�lY ai�he� �—
<br /> - q►y��'�P�►ra�s br Baro„�er,at the opNon a�e«mwer tP the�a,�l o�urt p�y�e�c oade b�eonuwer
<br /> far iieia N).(�1.or lc)is unsaflicieM to pay We ikm whea duo.ll�n Ba�nrower shall pay w Lreoder�wy aa�ount necess�ry a
<br /> %�� --_'�� m�k�e up die deficiaicy m a b�farc the d�te�he i�m becames due.
<br /> - _°'�;'"=� I►s uiod iu t�iis�Senu3ty I�stnunent."SocnyaY�me�as�he Soc�na�Y of Hausi�g a�d Ufi�n[kvelo�nnait or his ar her
<br /> � �s a Ihe Socrclary.tach monthl
<br /> �� des�gr�e�, In my year ia which the I.cnder mMStpay a mo�tga�e L�su�x Prem�wn Y Pr+Y� `
<br />''_�;•, sball ui:vu iadude eithet: li► rm insWlmem ot'thc a�m�d mat8�ge in�r+u�oe Prcm�wn to 6e �id by LenGtr w the
<br />--� � Se+�iry.ar(ii)�momhly�h.r.ee,C inslead of a moAgagv in.cutA�lc.'e P�emium if thiti!'ae��uity I�.cUUme�N is beld by IM
<br /> -���:�� Sectet�ty. P.ach monWly insra!}rt:mt of tbe aa�uetPage inwrance premium si�ll6e ln un amowt wfficiau w�octanul�te 1he � -
<br /> -�.:�;�u.tiT �!!! !s!!!!��l1 m��!,►aK inwnnct ltre�nium uiY11� t rader tme rnc111U1 Qncx M IhC dYt Ihe full �IY111i�IllOft$�$C�IISUrYII(.'C _
<br />�1�;:�'-""; f� poemium is du�to t�e Secret�ry:a ii�his Security Insuument is held by d�c Sec�eury.each mo�thly d�e shW be iu an
<br /> u
<br /> "•` .�,l�y� �mowU equal ro me-twelRh of aie-half penxnt of the outwanding principsl balmoe due on the Note.
<br /> . �:'.`:. ]f Bprower tende�s w Lrnder the full pa t of all sums secwed by ihis Security Inurument.Bmmwerh�t
<br />� . • ,.,- ` ste�9 6o crddlted with�he bulmoe�nainiog ar ell insWlmenls for itema(al. (b) and(cl and any mortgage inyurba�oe = -
<br /> "°. ="`�T�-• p�coaiwn insullmrnt th�t Lender has not became abligued to pay to the Secrc�ary.and Lender slwdl PtomPUy mfun�3 any -
<br /> �. ' exoes�fwda W Bortower. Immediately ptiar ta a faecWsure sale of the Piroperty or its ncquisition by Lrender.Borrowul� _.
<br /> :_ '.�: ` ° a000unt s�dafl be cRdited wUh any balance remaining for�ll inswlhneat�for itertu�(al.(b)and(c).
<br /> 3, A ' otp�yaknp. All poyments�u�der Paragrapfis 1 and 2 sl�ll be applied by Lendor ac folbws: _----
<br /> • t`�v, to the matgage insuranoe p�smium to be paid by L.ender to the Sernetary or to�he monthly charge by�he --
<br /> • . '::a�.��:...,
<br /> , .• 1'.. Sec�e instead of the m�thly matgage insurar�cc pRm�um; _�
<br />•,�;,n, �.lo any Uu[es.s�►ecid assesstnentr.lt�ehold payments or�rmsund nen1.Y.rua11 firo.flonJ and otber tw7,�td
<br /> ,--'-.----- inswanee pn�aiva�s,m nequirod: . _ .
<br /> .�._'`, f'.� ='"'""� 'c�m d�temest cDue�nder the Nde: ' -
<br /> s �,. �'' � � y,�,amoAi7atian of lhe principal uf�he NMe;
<br /> ,;�•� �';:"`�
<br /> . �� ' 'a;, ..•;.,r,r ,to late clwrge.�due under the Note.
<br />:�,,,,, .:,,.< •r.,,,:. . '1. Fine,Flood aad Otl�er H�zard Iasuraoce. Banc�we�r sha�l insw�c all improvements on the Pt�oprt�v.wheehc7 inow
<br />�=.�,,:'� r���`;;: . ' ia ex,;stence or s�uendy erected.against any iwzarrf.�. :�.+u�llies,and contingencies,including fits:F��x wRoe�h l.endcr
<br />-- �r.�jui�a�insvractc... Is Iastusnce�ha!!be msintaineA in�hr emnunts and for�he periods that I.ender c�wires. fS�.+cn,,war --
<br />`•'1': :� ''•'�"�� �.�..��,,.,. ah�ll dso insurc all improvements on 1he Property.whether now in existence or subsequently erccted.i►g:�7�RW IQS�Q�J�'711OOds �:...
<br />- �'�"''` ' ��" to the extent rcquircd 6y the Secrc�ery All insurunce shall ne carried wilh companieg vpproved by Lendtr. The insurance ��,
<br /> ,` � �'; �,��;;��y�;m,�. , policies and any renewals slwll be hcld by Lender w�d slwll include loss payable clnuses in fAVOr uf,and in a form ��i4f
<br /> . ���� aceeptoble to,Lender.
<br />�� � '^i"�,:t..� '� In �he cvent of loss.Borrower sholl ive I.ender immedinle aaice b moil. Lender ma make f af 9us: iT not ��'4
<br /> . v g Y Y p� �:�:
<br />_:�?�� � . •'�,• , made promptly by Bortower. Each insurance company runeemed is hereby uuthorized and directed to meke p.�p�r•nw^r:for
<br /> , •�c��•.<:�t. such loas diRCUy to Lender,instead af to Borrower und to Lender jointly. All or nny pArt of�he insurnnce proceeds mny be
<br />:�.{.�;• '4,�� `'° ".,,. 8ed b I.mder,at its ion,ei�her(u)to the reduction of the indebtedness under the Note ond this Security In.+ttument, '`�
<br />,;�.�;t;t.# :��:��E� ; �'��,���i,•� app y oP► c_'',;__
<br /> -' ,.<• �`��i, ,t� fi�t to any delinyuent amounts applied in�he order in Pruagrnph 3, and �hen to prepayment of prir�i�pal,or(b1 to the ,f;
<br />:':�S'''� ' s`' �;�;,;; c�escor�tion or reptir of Ihe d;wra4ed propeny Any uppli�A�ion of the pracreds to thc pnnci{wl zhall not c:etend ax�ostpone
<br />�,q��; °;� .•{!:'�;,:��l ��.' the due due of�he monthl are mferre��t�a ue Parugmph 2.or change the�moun�of such pa�zen�ne.. Any
<br />_;�'�;ttri ,�,,.;,; Y F�+3�ms which , ` _
<br />_•,;:�lt. .�`���'.„� _ �� excess insurance proceeds over an amount required ta p��«� a'9 autstanding indebtednesc under the Notr �t�+is Sr-urity -
<br />;,i�i.1t''. : <.,:;,,.�_ ` �s�f` Inswment shall be paid to ihe emity Iegnlly ereueYed thereto.
<br /> 4) .•:.`�,•'.•=°� �f�'�� In the event af foreclosure of this Secunc, inxtrument or a�her�mn�Fer of tiUr t�►�he Propeny t�n:�exu3c�guishes the ':�.'
<br /> �:.
<br /> � �1�1`+� �•''"'�r� �f;� indebtediKSS,all right,litle and mterew of Borrower in nnd to insurcuKe policies in fnrce.hull pa.�s to thr pufchaser. �
<br /> . l.� � C s -
<br /> ,`s, �.� ►•� :���;' S, Oecupancy. Preservadon, MAintenance and Pratection of the PropeHy: Borrower's l.oan AppObcatlon; �
<br />"` ��.fr, ,rAI1"`f� �`�:-
<br /> �, �{ i�,,},'{ Leaseholds. Barower stiall occupy,es�abli�h,smd use the Property ux Borrowrr�principol rc+idence within s�Aay days u�s,,
<br /> '.,�t,},� ,,�`''.� ,t t��,i,;?'j4� aRer the exaution of thi s Sec u ri ly I n s t r u m e n t o n d x h u 0 co m inue to occupy the Pn►p eh y ay Dom►wer�prioci p al residence � �
<br />'�•;�",.� �.• .��(�Y�'r4 for at least onN ywr after the date of accup:urc..,unlec�the S��cre�ury�determine�thi�n�yu�rement will cuuse undue hwdship
<br /> ,�;�,t}'.� ' . :-r--:--.-;,;.� Eor Iloi�rowcr, a: anlcss extenuating rir�u:n�csncev e�i�t which are �•.•.••,nd R„r►nwer. runtml. Bomow•er ahnll nwify ��: _
<br /> ' • '••� l�.•J"` I.enders of arty.�K�enuating circumstunres. Q�armwer shall nnt comna:e u;�tite or drti�roy,Jumuge or subs�antially chon e
<br /> _*rt•`�:�., . ��,- .. ,��p;
<br /> y�.i 1he PropeRy or A'1luw lhe Property to deleriorale,rea�onable wrar und Rear zxcepted. LcnJrr muy mtipect the Property if e
<br /> '`'�" F�''', : P�operty is vacan�or abundoned or the lo:+n is in deiautc. LenTter muy take rea�i,nuble uc�inn w prot��t und prr,er�r sach ,.;�k
<br />`,',,::� . `, . ; vacant or ab�ndoaed Propeny. Borrowe�shalt�tsn rth•irt;'�dault if Bormw•rr,durinF �hr lus►n upplica�ion pmr�s:..,�ave
<br /> �' •�'��; •� .. �-' matcrivll� iaLce �x inarcurate infinmatinn �rr 9cutamrn•t.+ tu Lcnder lor foilcd �o proviJe l.cnder wilh uro� �at�rnal
<br /> ..., � x -;.�
<br /> _%`�;'��' � --- - iniormut�onl��.«'��ion with the lo:m����:�hT+:�rd hy thr Notc,iralw.lmg.twt nut limitrd to.nrr•:���r.tatEOn��c�r�ctming
<br />;,,;:�;�., ;,' ,``;..i:,•.
<br /> . .� ., , t .,. Borrower�oecup�u►cy of the Property u.,a�rinc�pal re�idcnce. If�hi,5a�:uri�y In.trumenl is on a lea.r:`:nicl.8�oraow�r shull
<br /> . i . ''���,. .., comply wi�h�Mr provisionc of the Ieutie. If�.�miwcr ucyuire. f'ec titlr h•thr I'r���xrty.�h�Ica.cholJ un�J 0'ze tdulr shabi not
<br /> � ' �' be merged ualcss Lender agar�e+to the merger in wnung.
<br /> . s ' 6. C�es to Borronrr nnd Protectlon oi I.ende�'<Rights in the 1'ruperl}: Burroµrr tihall p�e�ut:g��n cr.cr,�rntal .
<br /> , �' , �•�;;•.; .�:" t or municipal cl�es,fines:md impo�i�iom�hot ure nw ivr.cladrd in Pard�eaph 2. ��*mnwer�hall pa� Ot+re:e ce�hliga•iion.on
<br /> ' �ime direcaly e.r�he entity which i.awed �he puyme�,t. If failure N►�:r.� Nout�!.Kivrrxly:+ffc�� l.��n+iea:iu�e�Pr:+: in thr •
<br /> ,.. j plropertY•�pum q,rnder�s reyue��Bormwer�hall pmmpdy(umi.h�o d.ra�,•rcccipt,evidcnr�ng thr,k p„�.r--e^tx.
<br /> � If B�awzr fails a makc 1he�e pa)•men�+«tl��e pa}ment. rcyuircd by P+�agr�ph ?.or fail, �,� �Or����-��.a.�� othcr
<br /> =i�..3�• '+i.�_.: covenanls and uv.rpement�con�ined in this 5ecari�y oa�e��,��ment or there i.n legai pce�.eeJ�n��hai mav+�gniE�;u:�i�;uffect
<br /> , �-,, - �`— —T .' l.ender�nghls in�he Proqerty(wch a..a prek�+edcrt��rr rTankruplry.tor cundemnau�m or�o eniarce�nw•+or re��c�a�i�m.i. -
<br /> ` ' ,,.'•," .� lhen Lendermay do enJ pay w(tatecer�r rre�r�n.uy to prutc�t the valur of thr PrupcnZ und L�nJer;right.in tNr Pn►�ny.
<br /> . . including paymem of tazes,hauud in�cr�n:c:u�d rnher item.memioned in f*arugraph...
<br /> � ' ,' Mq amounts disbuned by Lcrtdrr u�xTer thi.P.uu��aph.hall ixrumr;�n addilianul dcM uf H��rn�N•cr anJ lm ktiunJ .
<br /> � ' ' .� -',Y•• �` by thix Security In�tniment. Thesr amoums.hall bear mtcrc.t Gom the datr of di.bunrmcnt.at�hc N���c r.�tr.unJ ut tlk
<br /> � r � optian ot Lender..hull6e fmmediutely due and p�yuble.
<br /> .. :4,t,.•; ; ,: 7. Coadetmal{on. 'R�e p�a�reds of vny uwunf or cluim fnr d:m�age.,Jircr�or ron.eyuenuul.in rnnn►�tion with an�
<br /> .'. y ' � ��a�demnation or other�aking nf++ny p�rt of�he Pn►pecty.or tix com•c��anrc in pla�ti of rondcmnal��m.are Iknhy a,.iNned
<br /> ! ' ' und thall F�e�aid�o l.cnder�o the cxteM of�hc full;unount of thc inJrh:��lne++Iha�nmain.unpaid unJer IIk N�Nr:u�d thi.
<br /> • �� ��� Security Insuumem. Lender�hall upply.uch pnxeed�a�thr rrJurtian uC the inJehtednr..unJrr d�e Nutc anJ�hi.S��urity .
<br /> ° � «� Inslrurt�en�.fint In any delinyuent amaunt. •rpplieJ in thc urder pn���idrJ in Prr��r•rph �. and thcn to prrpa}mem nf ' ,
<br /> ,� principal. My upplkcuion oi 1he pnx�eeds w the prinrip�l .hall nnt rxtemi or p�r�pune thr Jur Jule uC thr nwnthly
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