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<br /> • � T03ETFlER WtTi�l eD the tmRrm►ements now or hereafter ere�ted an the proPertY, end aU easeme�rt.s.aPAurtenan�es.and
<br /> '` � iDdures naw ar hate�ter a part of tl�e propeRy-A4 replaeemec�ersd eddidons sl�aA atso be ccuered by tNs Sawrity LisII�nen1- �;���... .
<br /> .:�c�.�� . AO ot the tae8R1�9 ts reterrest to tn Ws seaui2Y��t as the•Froperly.' ��s ,f*'
<br />' •',.;.7F v•C BORE�OW�i COt'ENANTS that Ba�ts t�luQf►ss�d ot thR e�ste hereby�mteyed aad i�as the dgttt to grar►1 end �-�.
<br /> ``����` ' eomey tRe PraP�fl atsd tAa1 the PtoPe+tY ts wencumbered.except tor encumbrances o1 cecord Bo�rawer warta�►is end wu� �`:�a�•-
<br /> � �� ` �:• detend geneia4Y the t�e to Zhe PtopatS►agaU►st aA elaims and d�mands.sub�sct ta anY enaunDran�s o!seeo�d. �""�:_
<br /> '�: �';'.,'��.���, ?HIS SECURtTt tNSTRUMEM ccnshtnes wHa�m covenants tor aaUanal use mld non�unlfonn covenarts withn IirNte; ::
<br /> .. .< ��Uan to constit�a unliarm saca�rtt�t Inswmem covedng�ea1.OroPertY• ``.`°.;,
<br /> ve�attons by{urts .
<br /> . '• tJN(FOHM COVEDiABiTS. Barrower and Lendar�ovenant end a�ea as toQows: a when �.-'1`_�•
<br /> � t.Paymont o!Princt�a!and fnfar��: p+�p���t and Lats�harges.earrawer snan vronwuy►P v �� - - _
<br /> ' ����t. due the �dy�i of and Urt�est an the debt evtdenced Dy the IYote end arsY D�Ym�t ane late charges due undet Ne Note. ...�
<br /> 'j �. :� .7: 2. �untSa tor Yaxea and Insupatteo.Sublect W a0p�ca6ie taw or to a wiitten watv�by tendEr.Borrower sha0 paY � ` � ..-.
<br /> , �,�-;-s`' , tn tender a�the day manthAf P�eMa ere due unQer tRe Note,urt67 tho Hote Is paid(n tull.a sum l'F�nds')tor. (a)Y�St � �_,�����
<br /> '�'"�"� taxas mid assessmelrts wAtth may eualn pdor�y over thls SacurHyt tnstrumerd as a dea an the PropertY: lt►) YeattY �easehotQ �� _.
<br /> . .payn[erRs or�ound renb an the ProA�l/.��►Y (�)Y�Y hasard ar DroP�Y Insuiance pcemtuma: (d3 Y�Y��
<br /> e b er to Lertder In ae�rdance ,� -
<br /> �'�. - premTums.B airy:(e)YeattY��8s(nsutance ptrrttiums.fE enY and(iy eny sums pay� Y Bo�
<br /> wfih the provisions ot pata�aph 8.trt Ueu of!he�yrt�ent af moRgage Insurance premtums. These ftems are �ed 'Esuow �, :�.,.
<br /> ata
<br /> ,>;�'.-` �;;.f� Rems' lender may. at any ttme. coRect and ho(d Funds tr� an amount rtot to exceed the ma�dmum ainou�a lender for e :._:�
<br /> {ed�a4y re!ffied mortgage toan maY re4�tos Bortowds esaew axeurrt und�the te�eral Real Es�ie S�tIement i�iece�ues _
<br /> � Act ot 1874 ss amaeded irom ttrne to time,l2 U.�C.�26a4 et seq. t'RESPp►k unl�ss anothe taw th�aPP�L0�e Fw�s
<br /> � � sets a tesser emoimt B so.LenQer may.ffi anY Hme. wIIect and hatd Funds in are emasmt not to exeeed the tcssar amounL
<br /> , , ` Lender maY est!►nat�tha em�nt ot Funds�e'on the 6a�s af eurrent Qsta and teasonable e.�ttrnaLes o!e�ertd�2ures ot flmire. - .-
<br /> . :�.` � Esrtow ttems at othen�►ise in acear�danee wfth sDp�mhie(�,v. ' '=
<br /> ` ' 7f�e Funds shat!be he�d tn en InstiCttlon whose deyasns ere insured 6y a fedeiat ega��Y.tnstivme�Y•or erd�ly Qndud'u►9 E .`'l;-
<br /> .�� l e n d e r.i7 L e nder is sueA an InstitutEOn)or fi any Federal Home Loen Bank. L�.mder shsD aDDN the 6unQa to pay'the Esaow
<br /> `• ' ' the Funds.anr►uaQf/e��9 tha escrow a c a o w�l.a r veriSytn g ���:��;�:
<br /> ..�•:;;.';,�. . 14ems.LenQBr may not tharge Boc�weT tor hoidmg and aPDN�9 eabte taw Lender to msice such a ,,.•-
<br /> .. the Esaow ttens. untess Lend� pays Bom�wer interest on the Funds and aPM P�"ffi �
<br /> .. chaige. However. Les�der may requf�e Bammer tn pay a onc�me charge tcr en independent reaf es�tax cepoNng s�iCe f
<br /> ••. �`'/ ase0 �Y lenda in coMectlon wfth thts (aan. untess �PScabts faw proviQc�s othEmttse. Ualess an agreement is made or �:;::,�
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<br /> .. app�cabte�v�fequlrES tnteresl to De pald.Lender sha9 not be requirEd to p�BoROwer aml 6�tesst or eamings on the Funds. �,;;�_
<br /> � tn wr[�ng. however.that 6�terest shaU be pafd �t£�Fsmds. t�d��eh20 gbre to 8o�wer. �?`;._--
<br /> Bottarles and Lender may eyee
<br /> --'-'.:��...`�' w�hyat�cherHQ an annual accounUn9 at the,Funds.showIn9��ffi►d deb�to tAe Funds and the�urposs ter w4�ict�eaeh ���----
<br /> . . -, dr.bn to�iha F�mds was made. '�he Funds are pfe�qed as add�ional sewrRyy tor aU sums searretf by the Secxuiry t�tr�tnent ��.
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<br /> ... ;. `.'�, B the Fwds hetd by Le�der exce2d the amour�panatted to be hetd by ePPIlcabte faw.Lender sffafl ace+ourd to Botrowes �-'�:_`...�
<br /> � � S tar Me excess Funds in aCCOtdartce waA tt►e�equltemeMs ot HPPacabte law.It the emnurd ot the Funds held 6y LendEr at arry � f .;
<br /> - _ '2 sAaIIipall t0 Lender tltepe�motmi neeessary to maJte uP ths defidst�S Bortawer sfieB make u�p tl�ia deftd�,no rnow than ` -
<br /> twetve monthiY Payments.at lendera sote�8screflae. �•�"J6`
<br /> `"4'�� Upon payment tn fuQ ot aD surns secured 6y Ws 3eautt�l Instrument,Lende�sha0 pramptty rehtrtd to Bo'lrwrer atty Funds , �,=-�
<br /> "°��'� ' ��' ';; hetd by lend� U under patagaPA 21,Letder shall acq►�Ue or sea the Propertlf.Lender,Pdor Uo tha eequls'ti 1on or sste of the �-=
<br /> ���"�6°`�; �;;1.�, � ' ,;`-��r4Periy►.aha�aPPN any Funds hdd by L.enQet et the Uma of acqutsi�on or sale as a eaedd against the suma seaued EI►•Ws
<br /> .:,;:��n 8�,� ,•. ;;�°�x'� . � ,.Securftl/Insbument. _
<br /> g. �pj�liCBNon of Pay�meta4Q. untess apyQrabte Iaw amv(des othenxtse. eD payments �ed bl► �ender under
<br /> ;ti�� •'f � [e UrtdR
<br /> �`� fn£, ,l, .�2�j� N ---
<br /> a'}y� ' � paragraphs 1 and 2 shaU be eppQed: first.Uo anY P�P�ent ehazgaa dte under tha i�tate;second to amaunta payab �
<br /> :.,<��yy�s�''��.:�? : 5� P�9�Ph�thW.to interest du�fourCn.to pdndpal due:e.zd last,in�s.~�tate charges dua under the Note.
<br /> �
<br />" ...5+S}'^:"�`: '`�•. ;'_ 4. Ch8rgA9: I.feste. 8orrower s�aA pay a0 ffixes. ass�b. cher9es. Hnaa and impnsidons atUibutab[e to the . -- —
<br /> _ ::� FroFe�ty wt►tch may ettsin Pdority aver this Sew�ty instiumert.ar:�t�sehotd payments or�ound�ts.N e�ry Burrower,shaQ =_
<br /> :`�� pay tirese obQgsUons tn the manner provfded tn pa►a9raPh 2. ur H not patd (n tha!manner.Barowet sDaA pay them on Eme
<br />. . - . .'.� �` �rect(y to the p�san owed paymenL Bocrower sha0 prort�ptly t um i s h t o ten der a D n o U c e s of amounis to bo patd�mdCr tt� - .-
<br /> .,� •;'�� patagaph. lf Borrovrer makes these payments d(r e c t i Y, B o r m w e r s h a U p r o m p t q► S4misb to Lender �ece(� evlderte�ng tAe. _-
<br /> ..�:`'�y5;, � "�1y P�Bonower shaD Drom�pttf r�scharBe eny 4e��� has pdo�fcy over this Secur[ty InsWment uniess Barrawer. Ia)g�s d► �;
<br /> ,<, . . .<
<br /> ;�';�t•:.. � � :,.' wrfUng to the payment of.tlu�ebQgaUon s�cured by the Qen In a manner acceptabte to lender. (b) eonte�ts tn 9000�fth ths __
<br /> •:,d`. ••, • ' Ii�by. or detends agalr.�r,�lorcemeM of the fl¢n in.le9at Proceedings wh1cA tn ihe Lende�'s opUfen opeiata to prevert the . - --_
<br /> .•�+ ' ` entarCeme»t of the Qcm:m(c�.secures itom the holdet oi tAe Qen an ag[eement satistaCtoty►to Les.der subordinffi1n9 ihe Qen to . . _ :,
<br /> �•'� °:.•:: this Setault�U�utr�mern.If E�rs:er deDertnirtes thai any parl of the Proprriy ts subj2ct to a Qen whict�nttiry ei�In Ddotfty aver tt►ts ..�
<br /> . � Securft5t��^��•Lenda n�,'r gtve �EtoRawer a noUee identilyDlg the par.Borrawer sl�eU saUsM tlie�ar take one or more ot
<br /> ,:,t?1` _'�i`. ' = <' ihe acttor�s set torth ebetita v�R�Cin t0 days of tha Stvtn9 ef nottee. ' `�--
<br /> ' �,.:,i"...��, � � �. H�d pz�Yty(nsulenC9.Borrawer shall keep the 6nprovemeMs naw e�dsting or hereafter ercated on the _
<br /> ,�,. .:.;:�; , __.
<br /> � . � • _:� ,, propeRy(nsrueC agati�st Ioss bY fire. hazaras inctuded within the term'extended caveraga'and EnY other hamrda.(ncludin9 .
<br /> , � ��`� • � 800ds or itaa,r*ing.to�whtch LenQer requims i�urance. Ttds tnsuranee shaA be matrrtaU�ed in the amoutits and tot the periods ;� .-
<br /> � . , ::i that lea�dar�utres. ?Tte insurance cartter provl�ng the Insurance shail ba ehosen by Borrower subject to LenQe�'s spprovai ��:-
<br /> `„ " •� � ��� c'� � which st�et�c�a!be unreasonabiy w&hheid N 8orrower fafts to mab�tain �overage desaibed ebav0. Lendet may. a1 LenQer'� �:_-
<br /> �`s,;; � ,• opUon.ob�+cov�rage ds prciect Lendefs dghts Tn the Propedy in aecordance wrih para9�Dh 7. . .
<br /> `:�'°'�'..•� �.�..-�. ::' All insar�ce Po�� �� shall be ace�gtabta to Lertder es�d shaU irtc�a e s�ndard moRgage tL�rse. lender ,{;ti ;
<br /> '";r1�'. � ;.•. � � .` sha0 fiave tho He�t to i�i��:e poQdes and.tenewats. tf Lender raquires.Botrower stsa�P��Y 9he to Lende��recelpts o! . ``;,`.
<br /> ..�x . .., ,,, � �
<br /> . . ,.�. , pald pr�,ium�,c:Q renewal notices. In.Mv,went of(oss.Botrower shaD glve pmmAt cx�ce to the b�ranca carrier and Lender.
<br /> Lendes m2y rtrol��root of loss H no2�pramptly Oy Bortawer.
<br /> . Unfess tealder attd Sorrower ethetwsse agree in vrtitbig.tnsurartee proceeds shgR Do eppRed to restoraUon or reyav of the . E.._y
<br /> .�'+�-� ` ' ���'_ �D�lI�9ea.H t�e�stacatfon or�epair is economt�aUy teasibte end Lertder's�ty is rtot fessened.it U�e�eatoration or. -- -
<br /> ���',' ' ,;. re�sir b not econarn'cslK tc�sibte or Lender's secudty wout0 be Iessened.the Insurrtce proceed9 shall 6e appQed to the sum� •
<br /> `i:�;`�:. . �':���?;• seaued by thls Sea,u11}f�r.�ument. wheth¢r or not then Que with erry mccess paid to 9orrawer. H Borrawer abandons the . '���. -
<br /> . , � :;;��z4;�: Ptopedy, or does not answer wtthin 30 days a noUce hom Lender that the inswance caNer has efitered to setlte e ctalm,then -_
<br /> ° :+ Lender may co'lect 4ha insurance praoe�ds. LenQer may usv the proeeeds to repaU or restora ffie Properiy or to pay sums
<br />— .. r, . ��: secured by tAi�Seeufity tnsbument.whether or not then due. The 30�day period w0 begin wheR tho noUce is given.
<br /> .. : { tJntess lenQer mid Bomower othervrkse agree tn wdVng. anY eDDQcatton of prooeeds io Rr�cipa! ehaU not �Rend or
<br /> postpone the Que date of the monthry paymenta reterred to in para�aphs 1 and 2 or change the amouM ot ihe payments. If
<br /> u n d e r p a r a g r e A h Z 1 t h e P r o A e r►Y�s a c q u i r e d b y L e n d e r. Bonower's d g ht to an y insurance poades end proceeds resutting trom
<br /> � ` ;'.��'�• demage to the PropeRy pdor to the acyvtsiNon shaD pass to Lender to the e#eni ot the sums by this 3ecu r i ry In s Wm e r rt '
<br /> Immediatety pdor to the$cqulsNlon.
<br /> = j 6. Occupancy, Presenratton, MaiMenance ana Ptotoetion of the Pr�rty; Bor��+rer's Lo�
<br /> rr
<br /> � , • `: {�p�tCIItlpn; Lea89hol�e�. Bemswer shaD ocxupy. estebflsh.and use the PropeRy es Bortower's pdncipal r�stdence w8hin '� �-
<br /> sbRy days after tho exeeuUon ot this S¢eu6ly fnstrument and ahall centlnue to accupy tha Pcoperiy as Bomower's pr(rtdpal
<br /> -- � � . " residence tor a1 teast orte y�r�ter the dato ot occupancy. untess LenQv oiherwise a�ees tn w�ttng.wf►ich consent ahafl not
<br />_ ' � � b�unreasanably vditt�hetd,or untess e�enuffiing�mstonces exlsl wA1cA are beyond Borrower's e+ot�trol. Bomower sha0 not .
<br />_ � . ;�.:•:'.. destroy,damage or Impstr the Ptopecry.eQow the Ptapeity to deteriorate,or commit wasce on the Property.Boaower sha0 be in
<br /> ' ' " dattwf!H any/eAefture acUan or proceed'ing, wheSher dW or alminai.is tregun that in Lender's gooQ taitt�jud�nent coutd result
<br /> In tatfeiture af the Praperiy or otherwise matetlaBy tmAair 1he Uen created by this Security(ns6ument or LenQePs security Interest. �
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<br /> -` f1316�LM0(1191) Pt�ge 2 of 5
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