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<br /> �.1�'� nari ar h�ac�f�a s pmt of tlro psopsF;.A�!repla�and add'dfcns shaIl eiao he«�Vered by thla Septriiy Inslnutt�lt E o `
<br /> �;t�+.�:'-;�4,�''' `:''!�1 of tha tore�L5 refeaed to in thfa 3ecur�y instrum�►t es ffi8'Property.' t.',
<br /> s '" r ' � SOF�?t1'G'�R�;UVENANT3 thai Bartower ts taxrfuDy see�eed af tAe eaffite h�eDy convayed and �as the rtgttt ta�arq and �
<br /> � r�'� � miiYe�t thz.�o,g�y aM thffi Uie Ptope�iy Ls unenarmbered. excep!for encumbrat►ce9 a!reeard. Bnrtovtet tirartanffi and wf0 "i�
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<br /> '.' <:d�std�ii;�;'_ «`e Utte to the Fcoperty a�insi e8 daims,and demands,suDJeet to any enasmDrances oi recard. ,e
<br /> . �..`• ; T�:��E7Y 11�lSTftUMH�lT eamhines w�farm eorenants for eaUonai usa and no�runit�rm eovenants wfti� limRad �s w
<br /> . � a ii�tiat�s by:i�dian to consh'iute a unffann security NsUument cavertng real property. a° ?
<br /> ' ' ° _ ';`::UN�QFvIf!{�01/ENF1M5. Bomswer and Lendet eov�at�t at�d agree as toQaws: �
<br /> .��`�'. , 4-��af Princlpa! a�ad tnteres� Rre�aytttent and Late Chasgaa Bortowar sha7 pnomvvlt pay wAen .°
<br /> , .G�� .,,��: ;,-'du.a th�Pi�r�gs1 at aad interest an the debt evtdeneed by tAe i�tote and nny prepayir�ait and 4zte eharges Que itnder U:e Note. ���
<br /> ;s, `.. 2 Ftf�s�'76 fio�Y�es atid 9i98uP8ri�@.Subjed ta eppCmma�ia�w ar ta a r,trilths waivat by lertder.Bcrto�ver aRUG pay ' "
<br /> ;", � .'` . ..�;ip•Eearig nn '�s day monthry paym�ts aee due�mder the Note,untA tha Note is paid In tuU.a sum(`Fund9'�for. (ef Y�N � �.:�:
<br /> -- T' , . . ,`::3axes a13� whJch may attsfi prfarfry ove►tA1s Seaudly Instrumert as a Uen an the ProP e ri y: (C) Yeatty►teasehotd
<br /> �A'"°'"�. �iayin�SS or.ginund rer�s on the ProP�Y��f ��)Y�hazard or pmperty insurance P�mlums:(� Y�lt Roed insurance � ::
<br /> _. .�; � ptemtu�rss:H.:a��e3 Y�T�ll mortgage insurance premlums.H aay,and(�a►►y surr�s paya6ie by Bmrowe to lendar tn accord8t►c8 -
<br />_ '� . wdh flse proy",isl'cc� of paragre�h 8. in Hai ot the payment ot moK�ga(nsuranes premlums. tiltesa items ere eaited 'Es�sow ; :.,{
<br /> - .. .F:� � f�e�s" I�eriila;°�Y• ��Y dr►� co�ed and hoSd Funds in an emourt not to exceed tho maximum emcr�^d e tender for o .
<br /> ` .; �ec�el-aAy re�i�Y��artgage tean may requf�e,tor 8ortowe�s �crow acco�mt under the tederal Reaf Estata Se�ifQment Pratedures ,,
<br /> : ` " . . :. ,�'�B�af 19i4�s�d�d tro:si Eme to time.12 US.C.�2607 et seq. ('AESPA') untess enother[aw thaY �ypIIes to the Funds `
<br /> ``: :: �.. `,;`:sats a leas�.-,pnsssrnt Ff so.Eend�may,at erry time,wltect snd hotd Funds�in an amnunt not to exeeed fR0 lesser emoan4 � .
<br /> ,- �'�; ..` .. ' ,::;'rt��.,der may;astim�e.tre��oi;rS ot Wnds due on the basis af am�t data end reasonabta estlmates ot e�senddures ot fUture t �'
<br /> ,�;- . � Essr4w ttsr�:��r��wise it aicatdattce wah agpUcable faw. -
<br /> . 'l?refuns�st�s�fi�t�i�'J ce an instituaon whose deposfts are insured by a fedaaf agency.inshumen�!'yi ►.or entiry(ittctud'ittg
<br /> � _ 2er,d�.i�ien�'r�Fs s.�^°s an a�s^.:bYJon)or in any Federal Hame Laan Bank Lend�sha0 appty the Funds W pay the Escrow
<br /> '��ms..�;3Er rn�y��r,at c'•s�rgz fa�:rower for Aotdm9 and apDtying ffie Funds,ennuaQy analytln9 the�erow aeeounx or verlfying
<br /> � . ia3,�scraw ttsn�, snIss La?� pays Borraw�inter�st on the Furtds artd app6ca6te taw permits Lertder to matce such,a
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<br /> � , .2�a�gz.H�r�t�r, �rler may cequhe Barrawer to pay a one-time chffige for en tndependent re,at estate tax repaNng eervtce ��._
<br /> �.•'� • ` •u;aG.ii����r+�ortnection w?!h th� l� �+1ess appQr.dbte law provtdes otherwise. Untess en a�eeme,nt is made or
<br /> ,_:, �a��r�ss,.�ii�qrs�es interost w tre paSd.E�:�shaD not be requhed ta pay Barrawv mry 6rterest ar eamirtgs on Ma Fnnds. �"�
<br /> . ,•~''�,,;;. ';. '..�cc[a.r,ar a�li•;��may a�ee.in mHl�7rs�sEV� thai interest shaU be pa[d on ffie Funds. Lender sAaO glve to Bortcwer, �t�'•
<br /> �-.;�.=-=° z�ta�e s�a ar annuai e�rounUng of tF.e Fi:nds, she�g cr+edits and Gebits to the Funda and the puryose tor which each
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<br /> c}�tia,zF��iuri�s,�es a�ste:'�The Funds ere pledged as�5on�i sec►ufty for eA sums seaued by tAa Secur�yt tnsuument.
<br /> . • . � "t`tt�P�sRs:R:�d Esjrl�edar exceed c`ra�.-m�.�rt3s p�ted to be h�3d bY apPHca61e Iaw.Lertder ehaA accaunt to Borrowe► ��
<br /> �• • . .fes•3tti����anskt•(n ar�cardance wP.h t�bz e�gdtssimfs.ot appQrabie�ir_t!the amount of ihe Funds Re(d Oy Lender at eny �n:�'
<br /> . • • tirt;e�.s m�st sEtlCciei�t t��ay!he Eserow L�uns when due,lend�r may so rto�/Bortovr�in wAtL��.end. in such cesa�Bomewer .�, .
<br /> • , .:. . , � sh�41.{Pay tm S�rrdes�a�ia�e¢nece�ary b�ake up the defidency. Bortn��e shaU make up ffie deftclency kt no mote than
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<br /> . ..- � tcv�e msr!th�i�sys�a�•ai�eni�s sela�scteUoe. ��.
<br /> •^ .,�..,.', iid�n pg�L irt fz�1�tie�t�ms secured by this Securtty Insbument,i�cl�r s�eb prar�Uy refund W Bortcwer tiny Furtds F�=�,
<br /> � ` � hc.�+d fc�y Le��.Y#,uKQ�r�ar�pb.2!,t�Eer shaD aequtre or seti the Rep�,Le�sder,pdor to the acAutsitlen or sete of ttea __
<br /> ''� � � �P�1•:�:�+►Y�Y F�s�s.4�etd by.t�ar�ter at tha Ume ot ac�tsRlon or s�as a aedt against the sums seated by this
<br /> ' ' =i � SBCUfit}!ffLSfltfd�. ' • � �,.=
<br /> • . . ;;: . 3- �p��b�l C'���i�'c.BY�. �lr.Jesa appUceble taw provides othenvts� eU paymerta �eaeived by lend� emder
<br /> , paragraphs'� aa�d 2�shap�e��3�: f`s�to arry prepaymerri charges due unda the Note;seeond,to amoants payabte under
<br /> - . . � pardg�aph 2;?h"r,�,.to fi4��i�.�;f.t3s]ttl1.to pdndpal due,and last,to arty late charges due under tfie Hote.• ;:__�
<br /> �8. CE�6� I.lE?�8>:�'�rc�cYer shall pay a'I taxes. assessments, eharges. fines and impositions ammutable to.the o-ic. �.
<br /> : Properiy vmtebs r.m�����riudtyr�a�st:�Seeurity tnstrument, anA leasehofd payments or�ound rerits.if eny. Borrower sha11 �°°
<br /> � . '�� psy tf[eae a�iss In tke ri�a.r.r��cr�u� In para�apfi 2 or ff not pa(d tn that manner. Botrower shaD pay tDem asti tMe �;.,
<br />- -- ' ' , �rectiy.to the�l�n oweC�ayrr�i..•.�a•Rnver sha0 pmmptfy fumfsh to lender ail noitces of amaunts to Oe paGd under this �,�;=:
<br /> =�._. .
<br /> ,. . _ para�aph. i3:L3atsower r.r�c� x�r�� �narts dinectN, Borrower shaU PrompUy fumtsh to Lender receipts evfdencing the �1r:. _
<br />- , paymetlts. � � ,.
<br /> � Borrower :th� ro vi
<br /> ... P mp�j.¢lisc.'cs.�e a*.���en which has prbrfry over this SecurUy Insbumerrt unfesa Bortower. (a)e�ees(n• {r!:-;,
<br />.r,. : ° •b',�•� writing to the �e.nt of C�a abli_aa�-,sr.:�a�,r.ed by the Iien in a manner aaeptab'a to lenQer; (b) conte�ts tn good faitb tAe -__
<br /> � � Qen by, or deEms�agalnst+ar�ar�er.s�ct�f"�,a� �en tn,tegal pmceedings wht�b h►the Lender's optnfon operate to pravent the i�%�,�
<br /> "; '. � ' entoreemer►t o41t:�[en; or(aj saa�-,r.�r�r�b�t�a hotder of the tten an a�eement s�factory to Lender suborslnating ths Ilen to =
<br /> '.;;t',i� � � thls Seaifty letstwr.n.�t Ci¢snd�r��e^^.rs�that any part of the Property ts su6jecl to e Qen whtcb may at�ln pdor(ty over this ` ----
<br /> , 3eeurfiy Instrumera2.l�er�al2r.`trn��a�.�crnawer a nottca tderrtiytng the Uert.Borrower shall satiaty the Den or take one or more of ----
<br /> • � the aa"dana set toT.�a e's Wve ert1.�i�;�t"�ts ot the ghring of noUce. _,
<br /> S. HBZaid �r H�SC�alt'�/QMiz.,�,�ae.Borrower ahaU keep the Impravemerrts now mdating or bereafter erected on the -�-
<br /> •• '�:,,� : Property insured sxga;n.s2 Io�s�y��ire. !�AZUets Inciuded withln•.the term 'extended coverage' and any oiher hazerds. Inctuding •—
<br /> t� 400ds or Ooodng, ��r nVhich 3e�tQer n2�i�s.iasurence. Thts insurance sha0 be mahtisined in the emaunts and tor the pertods
<br /> - . � tluit Lender requlre9. 4ha in�u�ines e:�;f8�` �roNding the insurance shaD be chosen by Bortower subject tv Lender's approvaf --
<br /> _ . ' which shaD not be unneasan�ti�y� wiFt`�Id� (t Borrowe►tafts to marttein coverage d�cribed above,Lender may. at LendePe ==
<br /> • opUon.obtafi cove�age w pT�2r..ns�e°s��YS In the ProPerry in accordance witb paragraph 7. • -
<br /> . . M insurence po0des�n�:evr3'�s4a�d 6e accepSbie to l.end�and shail tneNde e stendard mortgago dause. LenQer �`°:
<br /> � .,,:� � • ,. ahatl hmre tha dgbt to hotd y'ha p�cr�ar.ro r,r�n�vata. if Lender re¢��.Borrower shaD prompUy gNe to Lender efl recefpts of '
<br /> � • pald premlums end cenewal�r�.iCSS:" a�4!he es�-Y ot loss,Borrowe►s:�sa gtve promp!noUce to the insurance can9er end LenQer, �-`=-
<br /> ' Lc�der may make proo!ot lo,as aR!-�GT�V�e RYSt^.�Uy by BOROwe� ���,
<br />-� . UNeas lend�r end 8ornoe�n�e'�car,�,::� hr�e�`.:r. fisurance roceeds sha11 be �
<br /> ' , c e�:ea 3. p app�ed to �eatoraUon or repair ot the �`
<br />- Properiy darnage0. H tAe res���tian oc ro�.x i��ecaramkr;,y teasibte and lender's seauity is not tessened II the restoratlon or r.: :
<br /> -- • , rapatr Is no! economlcatty feasl3�e�c 4ra;+tla��secsr.:y w�.,�3d be tesserted,tfie insurance praeesds shall be epptlad to the sums t�-.�.:
<br />— socured by this SewAty InsbumFm,t u,�m.�iar arr ra; �hen due, with er.yr excess patd to BaROwer. II Borrower abandons'the G`�"
<br /> � � PropeRy,or doe� bat answer wfr,�hi� ;9 G:js a r.o;tce 6om Lender thaa the insurance cartler has oifered to settte a ctafm,then ��1`;�
<br /> • � , Lender may�co4ect th0 Nsure�a�,��a��. g.e:Ger r.�y use the p:oceeds to repah or restore the Piroperty or to pAy sums '.;.t�
<br /> - � � seatrod by this Secvdty irt�b ur�+;9rhar r►ctat f�a;o d.:9. The 30�iay peried wfll begin when tha noUce►s gNen.�. ��',�;'�.
<br /> - . . Uniass Lender and BarramYr o,:�xi;� agee bn �a�Stg, any app�wUon ot proceeds to pdndpal sAaO rtat e#mA ar
<br /> . � postpone the due�date ot th�npr,���,�r^sr.�re`.�ra?'�o in para�hs 1 and 2 or chenge the amount of tho p�yntents. If ;,�'` '
<br /> - �� � undor parugrapb E1 M� RropeAy is a�unod t��Ler,��r� �r,awers ci�to any fnsurance poUcles end proceeds resutttng irom
<br /> •- , dynago to the Rbpe�ty pdor to the �:c�iatlt�s"�;i gars to i.e::9ar to the extent W tho sums by this Sewrfty tnsUUment
<br /> ' � fmmediately pHor to 1he acquisHion.
<br /> 8. Oacupanay, Preseeva43auo„ I�^r�3oc�a�xt� and R�etection o4 the Properly; BorPOwer'e L�an � �
<br />-_' AppIlCII110d, Lfl218011t11�9.BorrowerJ�lr� oec�g,�.E�3d��sh,artd use the Propetyr as Borrowe�'s principsl teaidenee withfn
<br /> .. � olx�y daya after the execu8on oi thia Sacu�i*j l�sL�mo�t Ead shall corrtlnus to occupy the Properry as Bortower's pdncipal ' �
<br /> - �� � rosidanw fot et le�st one year after the��a"oecupa�s�, unless f,.a*r��r othenvise agrees in wriUng,whtch cansent shaU not �
<br /> � - bo unrCasanq�ty withhnfd,or untesa extes:�ir��,�arca�nsta.7ees ex:� a�hty�are bsyond BorroV�er's control Borrower shafl not
<br />� �•�. deoUOy.d�go or UnpeU the PropeRy,o7a�r�1^e Pr��s io rtei�b:FGn ar commit waste en the Property.Borrower sha1F be in
<br /> - , . dafnutl It any todeituro aetlon or proeeeElr�. ut�M��r aor➢mx c=�ir;�. r begun that tn LendePs good taith Judgment coutd resutl
<br /> , ._ -• fn foKaituro ot the Property or othen�vlse mat�lla��*,�i�ir.ha 6ss c-ez:sd by this SecuFiry tnsUumeni or Lender's setudry interest
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