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<br /> UHiratw Cov�x�rta. Barro�er�nd Lender oovenant and egroe�u folbws; ��3�
<br /> 1, p�yr�e�t�t p,rindN!�ad lpq�wq pr�iwat�ai l�q Ch�e�. AorrmvGr�hcU promptily�y when dua
<br /> the ptincip�l o�u►d interat on the debt evkknc�d by tho Noto�nd any prep�yment end I�to chi�t�a duo uncf�er thC Nutn.
<br /> a. l�'u�Ibr Taz��nil Xn+ur�aa. Subkct to�ppllable�w or to�wntton waivor t�y L,endcr,Borrow�a ifup
<br /> p�y to Londcr on tt�e dsy mnntht��p�yn�nu aro due uneler tho Note,untU ttx;Nato i�paid in iuU,�sum("F���')t�r:
<br /> (�) yo��ty taoe�ernd a�a�tmenb wf�lch rn�y�tWn prbNty avor tk�5ocurfty Ir�trumont �u a Ikn on the proparty; (b)
<br /> y�rly{ea�elx�W p�yments nr ground renu on tho Pmperty,if,any; (c)year�r hwrd or pm}x�rty imuMnco pnmiurrw;(d)
<br /> yearfy flood inunnoo pnmium�� iF any; (n)I�riy nwrtaage iniurarw� prcmtum�,U ar�y; a�xi (n any nuuu }wyabk by -
<br /> 8orra+rer to I.ender,in aoo�rdana wlth the provi�bn ot�r��ph R� in Ibu of Ihe payment of mottp�o inuranoo
<br /> pramiuen�. Tfhae items �ro ralbd"F.�crow Itenr."Lender �n�y,et any tlmo,oolbct nnd hald �Lnds in�n aAwunt nat
<br /> to exooed the rnuirnum amoune�knder for�faierally rel�tod mortgaga{cu�n muy n�quiro for l3orro�er•a escrow�ooaunt
<br /> ucxkr tba fedond Rul Enato Settkn�nt Proaodura Act of 197� ec amended fmm time to time,12 U,S.G f 2601 et
<br /> aeq (°RESPA"),unlea� another law that applki to tho F�'und�cels a kuer amount. If sa, Lender auy, at any time,
<br /> aolloct and hojd Fund�in�n�mount not t�a ca�ood the kuer amount. Lerxkc may atimste the anwuat of Fundc due
<br /> on�b.o bau of currcnt d�tN arnl ceasonsd>JQ�.Sr�rxwtcs of c:peridltara Qf:f.ui.�uc T�..xr.o�It�ms or othrcwuc in eccar.cisrnx
<br /> wi.th�{�ticable la�r.
<br /> 'kTae�w�.ads ��halk fn.an insei.tution who�e dcp�aius ar.e fmsr�r.o�1�r e f.�cic�.i.agency,irntrument�iitx�or.cn1i1y
<br /> (inadu�iag T;�ra,der� if IIa�er. ia s�a,ctt an irntitution)or in air�r T'ed�er.ai E�Acim�l�.oa�z 13a.nJ�. I.ender�hall�p}�1�ef�Funda
<br /> to�r t;hn Fs�row lteaaQ. Il.cc�der may not chatge Horrower for tyoldirl�ux�applriag cts�Funda,ennualiy ansl�tbe
<br /> e�a;o+�r ,�uown�t,wr veri�tbe Fscrow Item�,unka 1.onder W►Y+Hor.toxer interest on tho fi►nd�and appfi�AGe law
<br /> perimitc A,er�dcr to m�ke suoc�c� ctarge. Ha�eMer� Lender may roqwre Horrower to pay a one•timo cti,ryjc Cor an
<br /> ipdtpcKUdetU►�J e�Uto ta�t re(xr�,eng tewlc�e useti by Le.auer in oonno�twn aith thi�kr0.uniess appiica'a'ic i�e.�r pra+�i�iss
<br /> ot}��ri�e. iF�s u��groemcn.t ia m�do or applic�bic 1a�royuirei latcrett to be pa:�t�.ander cbell �ot be re�;:�--a�to
<br /> P�Y Borro��er uhr nntaest aa eacning�on the Fund�. Horrower and Le�adez mu�y apoo ue writing,hawevcr,tbwn udterat
<br /> eball be paid oa the�F1Dxds. Lender ahall give to Borrawer,witbout c6airge.�n ap�nw�D�omuntim�of t�he F�►pdt�:horving
<br /> aodiu and debits fta tt�+�Flinda aad the purpae for which each debia t�a tl�e Flinds w�s�m�ele. Thc lFwxis aro P�B�
<br /> n additatHl saunty fca���I a��ecutod by th�Sacuriry Intrument.
<br /> If the �nds hWd b�r nrr�er c�000ed the amounts perrwttod to be 6e1d Dp uFRtir;abie law�Leader shall a000unt to
<br /> Bonower for the e�aesa fl�a�dc,ir7 aaoorda�oe wl�th We rnquiremonU of applicabl�kw. �E the amount of t}x Fumds heW
<br /> by I,ender at acry time is a�t s?aRtxtient to pay the Ficrow itertae when due,Leader mt�y s�notify Bonoa+er in wriw�.andi.
<br /> in such case Botrarru sbt�U pty to Leader the anwuat necessary w mak�e up the debaenry. Horrovver Ehell ca�ke up
<br /> the deCxyetky a cnu more ttu�n tMelve moathl�'PaYm�nu.st I.enda's sob di�cretion.
<br /> Uponp�y�cat in full of all suma�ocurod bY this Socunty Lxtrument,I�der�hsU promptly refw�d to HnrraNer
<br /> at►�r FLnds hcld by Lender. �f, under patagraph 21, Lender shall aoquice or aell the ProPcrty�Lender� prior to the
<br /> aaqv:cnEi�n or e�le of ttfe Pa+���rtr, �hell apply uzy fiindc heW bY Lender�t the time of aoquitition or wk ut a exedit
<br /> ��¢ the�urn seetuCOA b�'114,.3 Jecurtty Intnunca�.
<br /> 3, Ap�McaMea d P�}�xab. Un{aa�pplicabk kw provkfa othenvi�e,Nl WYment� rocei�od by I.end�er uader
<br /> Pa�B�Ph�1 rnd 2 shall be app'�ied: fint,to anY PnPsY�pt cherges d�re under the Note;ceooad,,+10 unouats p�bk .
<br /> undet paragraph 2;tl�iird,to interat due; fourtb, to principsl due;u�dl�rat,to any lau chugee d�r� �aqder the tlatc. •
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<br /> 4, C6u�es�Liew. �:rso�r shall pay all woa,a�scasnnents;�r3►a*Hes,fines�,nd impositions-t+ttnbutAblr Ka ihe.
<br /> Pr�pc�ty which may attaira �z��iz:ity over t�is Socuricy InaQt'nunent, and iraeebald pt�;,�nxats or drouad rena�; i" �ixs,v. ' �t
<br /> Botmwer thsll pat�tdFSt,�u�tr4.v,4.�'�ont iq trie muanet Provici�aJ'.�c P�ragraPh 2.or iJi�c�a•� p�d m tb�t m�nne.r� 2.l�rrasvet
<br /> cb�ll pay thean am eir.�t�•a�ra:cti?y to tbe per:oa o�rod paYmodl. BarrovMer st�all pramptiy turni�r�t��Pro��Y a�c��
<br /> amrwnu w be pai-'ril uuti3ar thi�psragraph If Borraaer melca ttKae Pa7m�n di��li'�
<br /> ta Latder[�ece3p:c�.qvk3encing tbe E►aymenu.
<br /> Borrcrwer sh�ll promptl�r di�ch�rla!�nY li�a Mhich has prioridy over this Security In�trumeat unku Horro+Mer:(a)
<br /> agrcei ia writlo�to the pa�nnent of the abbgmtba saured�gr the lka m a mauxc aoocptabb to d,ecWa;(b)�ontaa in
<br /> Eatth tha tien by. or defend�agrint enforoement of ibe liea m. kgrl pt0000ding�rvhich in th�Lender's opinian
<br /> B�' .
<br /> opente to pnvet�,�ibe enforxment of We lie4 oT lc)�ea�ree from the hoWer of tbe liea ana�t wti�6aory to
<br /> - Lendar:ubord�nating the liea W tl�5ocurity Iattrumont.If I.ender,dGtcr•�qina t6�t any put o[the Properiy i�sub�ect
<br /> w a tiea whiR:h in��v attaia priority arcr Wi�Soca�nty Yncstrument, I..ClY��CI Sd1flY�YC BOf[d1YE[A 110�C WC11�1[l$WC�6
<br /> �' Bonm�rer sb�all�at�fy tho lien or talo�one or more of thc actions ut fo.rth�bove Nithin 10 day�of theµvu�g of mtioe.
<br /> � S. g�a A�opa�ey�nser�noe. sorro,ve��hau kap the iinQrovemenu aow esri�ting or berafte.r er�xKOd on
<br /> thei'Pr�perty inured a�nt loss by fue, bs�cerd� icxJudod�in thc tcrm adondod�uovern�e" and uy ot6er hazard�,5or
<br /> � .. w� �r nqa�s uyurancx�includiug�but not litnitod to,fload�ar earthqu+�kes or hutr�ana(wfiethu or
<br /> �E �t iy��y.�Te���y���d ag�[mt at the time the Lo�t��. All inwu�cc roquirod by Lot�det thall
<br /> .�' bo mainteinod in •tho etnounu and for tl�e per�thst Lendu roquina. Tbe imurance aurier pro�vi�thc imuranoo
<br /> � ehell be c�osen by BonoMer subjoa to Leuder'a apQrovxl,w�ich�hall not bs unre�on�bly writhheld. In tbe�at the
<br /> � Propercy impm�ernents ere now�or at aay time dunng the tenn of thi�Sucurity Intrument are deterntinod to ba,in a
<br /> �. Spodul Fbod Ha�rd Area,Borro�r must obtxw and maint�in flood i�urana.
<br /> Bono�rct Acl�awlodga and aBra+thrt failuro to unuce the Property��vhich i�the security fa t6�egreatneat,
<br /> ^ �cording to thc terms ead mnditiom of this psragr+►Ph 5 i an eNent of debuh�ub�oc,t to the ronoaties avalleble to
<br /> -a Lcnder und�r t��:s agreemenG If Borrow�er faib to obteia or maiatsin eny ooverase dacribod betein,Lealer may,but
<br /> { sl�z.0 laave no duty to, obtain auch aavera$e or subatantiall�r cquivaicat�ovara�e�ith aa i�unnae �curier of lreader'�
<br /> ��p� D(4t_.,,:....,,.,�.,r...,.�..�. tnt��e ,n th�y Prooera.� �n�000rdanoe�vith paragraph 7� all at Bornowa's exprabe.
<br /> � i.epder sheU heve no duty or obUgauon to obtsbt any uo�ur:�nce pmteetiag Honower'..s nnrtrat in the�mperty,or covating
<br /> � riab for�hich Gender Y�et not requicod insuau�oe,a�daa'i�hc4 isA the�zst�nragraph m�f itue Parngt-0p2�S,even�f Borrow�er
<br /> :� has prevlous�y a�tc.uiaod or maintafnod�uch insurance ooverdge.ic4ci��ia�,,x�iehout�ia�rtnrJ�4 a b�rncow:q,ers policy. Lender
<br /> :;. may��ib s��°�ii�i�aetion,obtain irauranoe in whstever atna�ua�a:rid n;�.p�s 1.tlnAet�deenu ede�►t�•�, Leader's
<br /> ' intrrest in nBnr,Pz.Qixrty.re of tbe unpaid belenoe ce�aim�,�i�aTrl}c�r:ihC I�aCe�,tho emotd�i�a�due under . .
<br /> � eC�iir:�+e�ur:�w.�E�u�E�ment. � purpae, Leackr wrili�3e�m its�cSZ�qrsats to b�sFO1ei,watdy protectod by aa urunnce
<br /> � pm�r.�i^�e�rrc+►�c��e oquaE nm�ti�e value of the improv�emera�s�bcatal on the Pro�prcaz;��avring BorrovreP:b�un. Lca�der
<br /> may��e���ac eiLx value of 4he improvementt by aauming a�aauratc the vatue ass�gnod to the wa�pra�rauw�s in thc
<br /> inaurawc�e pt�li�� ;t?�at Lender's reoord�relkct wea roost rooently he{�bar Homyrrer prioc to the+��ca*!�+s potic.y obta�nod
<br /> br lr.iodet. '7�JaJrr.uwer acknauk�f�es��toa tbe amount msy nmt,L�e ajuai tn tbe actual value or rc�ofmoement value
<br /> �------. ,_ .�_ ....__�
<br /> �1°�he impravcmrenn, 81��'StJCt1 IL�TidipOC 1.CA(fCi ODialiII lna7 na Pr�.ti�cenvci s uaa�uyw�ua�yvpu►j. �
<br /> HOfCn1NC[BfkYftllY�C"+�fl�1�C�t�t t�IC OQLI'•l��C IOi11TdUCC CONCti�G i0�(S6tQl[!C� LCO�E[ 61�11hC�A
<br /> waad t?jee s�ou�f iosaramoe Basn�er cauW have a&.e►swd,a� daa�e��r��n�le�a�a oh no u�ph 5,
<br /> Bonower U�d pu:rc�sea the imurar�oe�xoccty�and furtber may pc+oai�3e �vc�aB�
<br /> pmtocting�cirror•rer''ss mrcr.rxt irc�Iu 1�.17�erty. Ho�row�es turtl�er ei�5�uttr�i'�Y.ender�andtl.endei r�or Le�nder�nffil�te
<br /> such it�aurena�iErcalp•�i�chrou�hh an inra�n►nct aAcac�p
<br /> may rea;ive n oommiss�cyr other wmpemation in cniic�ection with obtaining wch imu►xnioe.
<br /> Fonu� ilM (F'�p+2 d t PpNI
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