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<br /> Thc Funds shull hc held in un instituNon whosc dcposits urc insurcd by n fcd�rul ugcnry. ii st mcnti�l ry, ar cnt ty
<br /> (including l.cndcr,if l.cndcr is surh u►i:nsUwdon)or in uny Fed$rul Home I.cian Bunh. lAi�dcr�hull apply thc Fundti to p�y thc
<br /> Esrrow llems. l.end�r ntay not ch,�r�c Sorrawcr tiir h��idinp iind applying thc Pundti, unnuully:inulviing tiic cscruw ucrowtt,or
<br /> t•••.^ �,Ci�;l.r p:syt.P.ttYSt!!!•Er i!ltnincl nn th��Fnnii.:nnd:�l1n11rilh�C�:lW[kClllll� l.�ndcr tu nuikc such
<br /> vcrifying ti�c E�c�uw iicr��;.u�,�....> � �.
<br /> u rhnrge.Hi�wever, I..e�idrr muy rcyuirc 8c�rrcnver lo puy u m�e-tintic chargc fi►r un indc{xndcnt re;d e.tutc tux re rtin ycrv�c,s
<br /> uk�d Ny I..endor in cemnecti�n with thir; lonn, unless upplicable luw provideti nlhcnvi��. Unlc++ an ugrecrnein is made or
<br /> i�pplic��ble Imv rcquire�inleir+t te�t►e paid,Lender shull n��t be required to pay 8orrowr.r uny intcretit��r curain b�s on the�unds.
<br /> &�rruwe�snd 1.rnder nu+y ugree in writtng� ho�vever, thut intcrest shall bc.paid an thc Fundti. l.cndcr�hnU give w Borruwcr.
<br /> with�wt churgc, an urtnual accounting��f thc Fundh, tihowing cmiits uixt dcbits to thc Funds und thc pur�xisa far which each
<br /> debit to thc Funsls�v�s m��ic.Thc Fundr urc pled�;cJ ati udditionul ucu�iry for idl tiums scc:urcd by thih Stcuri�y[nstrun�►it.
<br /> If th�s Funds hcld by l.rixlcr cxca�l thc umountn permiu��l to bc hcld hy upplicubir luw. I.cndcr shull arcount t�lionnwcr
<br /> for tho excesr Funds in uccordance with the rcqulrements e�f applical�ts:luw. If the uim�unt of the Funds hold by I.ender ut nny
<br /> li�ne is nat suffirient to pay the Escruw Items when due.L..eixicr muy so notify Bottower in writing.And. in�uch ruse Ac�rrower
<br /> shall pny to l.ender the wnnunt necessury tu muke up thc deficiency. Bcirmwer xhall muke up tlie defiriency in no more thun
<br /> twelve monthly pny�nents,nt l.cnder's wle discreiion.
<br /> Upon puyment in full of all sums secure�! by this Security Instrt�ment, l.ender shull pramptly refund ta &►rmwer any
<br /> Funds held by I.endcr. If,under pucugruph 21,Lender shnll acquire or sel l ihe Pmperty.Lender,Pr<<�r tu ahe acyuisitian or satc
<br /> af the Property, shull upply any Funds held by Letxte�at the time nf acquisition ur�alc u+a credit agaia�:t thr+um.�:securr.�!by
<br /> thi�Se�:urity Instrument.
<br /> 3.Applicatlon of Payments.Unless applicable!aw provides otherni�e, all payments��eiveJ by E.endcr uraler par-.egr�apltiti
<br /> 1 und 2 shs�lt be applied: fint. to+tny prepaymrns ehargc.�dt�e ue�icr the Niti�e:srconJ. to amounts payaF�le undee pa�,�grap�i 2:
<br /> third,to interest due:fourth,to principul dur::uid l:�.+s.w a�Y�ate churge�•>dv.c under the Note.
<br /> 4.Charges; L(ens. Borrower shall pay al! e:uees,ass�wsments, cllar;,�r•, tnes and impo.itions auriPrue;sble to nc� Prupcny
<br /> which may attuin priority aver this Security Inst�menc, :�n�ct C;au:ha[d�ayinents or ground rents, if any. Bottawer shnll puy
<br /> these a�ligatiom in d�e snsuincr provided in pan►eraph 2,nr. et craa paid irt•a�at manner.Bormwer+hull pay them oa tirne directly
<br /> tn ehe�erson ow«�rsyment. [3arm�ver�hull prvinptly fur�eu;�4T,cc�CxncEer rw!'.noticcs of amounts to bc puid unde��this paragraph.
<br /> If Bovcmwer n�ake�i��ete paymems direcdY• &�pi'J'�n'er sha11 prnmptly tiutnuiti:� io Lender receipts evidenc�ng the payments.
<br /> gorn�ma�o>ahafri,promptly dischurgc any lie�a�+Ccic�e has priority o�•er n�ms Security Imtrument unless Bonawer:(a)agtres irn
<br /> writiog ta tht�+u�•incnt of 1he obligation serurcd�} l8�;Ci�rn in a manr►�r acreptable to[.ender;(b)contests in good faith�he lierte
<br /> by, ar drrr�Kla agairw+t enforccmcnt of the liea ia. lega7 �►rocee��ings which in tl�e Lender', opinion operate to pmo.ent ehe _
<br /> enforcem:nt of the lien;or(c)secures from the hol�er v6 v1�.�1ien an agreement satisfact�ry to Lender subardinxtin�r�.r.ti•8ozn.a
<br /> this Serurity Instrument. If Lencier determines t�a34 1L3)'�a4.•���the Property is subject to a lien which may a►tain pri�Taty o���r
<br /> this Securiry Instrument. Lcnder may givc Bors.����.r�nt��re identifying the lien.Bc�rrowcr shall satisfy the licn or take one ev
<br /> mor�e of the actiuns set forth above within 10 da}�s ra e6�t�ivins of notiue.
<br /> 5� �� or prope�ty Ins�r��ce, $arru�c�r si�D keep the impmvements naw existing or hereafter erected on ttre
<br /> Propert? insured against loss by fire, hazaods included w-e2Eain thc term "extended��verAge" und any other hazards. including
<br /> tloods c,7 tlooJing, for which Lender requircs insuranee."6'���iv[nsurunce shal!be mainmined in the anwunts and for the perIods
<br /> t�=�y,�;� .���;..�_��ln���rnnce carrier providin�the iva�u�rance shall be chosen by Borrower subject to L.ender'�approval
<br /> which�ttaf� �icn'� hc unreasonably withhrld. If Borcower fails ta n�aintazat cnveragc describvd above. Ix�Kt�� rr�iy, at i.cndcr's
<br /> opticr,�.�,.i'btain cu�erage to protect I.ender'.r•rights in the Prop�:ny in aca?-:;d•�.�r�ce with paragraph 7.
<br /> �'�1,t insurance policics and renewa�s shall be xceptable to Lender v.�s shaU include a standard n�eortgage claase. I.ender
<br /> �i:,•,;;�ly.i,tir.�;e ihe ri�eht to hold thc policies and mnewals. if L,ender rc�uires. q��rrower shull�mmpNy giv�t ao[.ender all receipts afi
<br /> �an�i.,�r.miums 3nd retuzwal notices.In the even�of lo�s.l3r>n�jwer shall�ivc prompt n�at;�rG to the msur.�nce casF��e�:=�^...�L.ender.
<br /> �i,�c�mSs:r 1�y�e p�f af loss if not m:idc promptly by�..•rv�.vcr.
<br /> glnless I.ender and Borrowcr atherwise a�cee m wnting. insuraawr ��x�eods shali tx applied to r�.yn��r��iar�a Tepair of the
<br /> pn;peny damaged,if the restoration or repair is ecrnomicully fcasib��v aind Lendcr's scxurity is nut Ec,hcnec�.ll2 u�e:rrsloration ar
<br /> re�rrt.is not e�onomically feasible or I.ender's security woule!�e I+.�.�rnc�i, the insurance proceeds shrE9,: be a}ro!'ird to the sums
<br /> �x;U.c�d by this Security Instrumenc. whether or not then�du:�, witt� any exass paid to Borrower. If�orraw�c t�bandans the
<br /> Fn,y�;�r,�3•, or does not answer within 30 days a twtice fron�Lr.adtr th�t the insuranr.e carr�er nas offered to setr��t,��.laim, then
<br /> Le�uitr may collxt the insur.►nce pcoceeds. Lendcr may use the proceeds to rcpair or restore the Property uv nc� ;nay sums
<br /> uxurcd by this SYCUrEty Instrument,whMhcr or not dun due.The 30-ca�period will begin when the notice is g�ven. . ,
<br /> Unirss Lender and Borrower otherwise agme in writing. any ��i{��ication af prucecds to principul shaU not e:tt»nd•�1�
<br /> post{wne the due date uf the monthly paynxnts trferrcd to in paragrap+h. 1 anci 2 or change the amount af the payrc�ti?s. si;`
<br /> ur.xi,�r paragrsph 21 the Prapeny is acquired by L.ender. Botrower's nghE to any insun►nce policies and proceeds resulting fean�
<br /> cf,anwge to the Property prior to the acquisition shall p�ss cu!�ender co the extent of ohe soms xcured by this Security lnstn�ment
<br /> irnmediatcly prior to the xquisitton.
<br /> 6.OocupancY.Preservatlon,D�Stintenaace�nd Praerction of R`e�'r+m�perty;.Bornow•er's Laan APP�icatiam;lxs�seholds.
<br /> 80170R'G�Sfl.RII OCCU�1y.estab�ich,mx1 use the�Wa+na'xrty as B°n°wer's pr:n�ci�al res►dence within sixt�r da�s after tE�P�.+cocution uf
<br /> this Security Instrun�ent und shall coniinue to crarupy the Praperty as Ii�rcower's prineipal resideni�e h�rr:u�east�t�e year afur
<br /> the date of�:upancy.unle«Lender othenvi�e agrces in writing,whici�conknt shsll rN�t 6e unreasonably vrnrtQnrtr�ld,ar unless
<br /> �xlenuating circumstanccs cxist which :►re t►eyond Boirec�K'cr's mnuol. Bormwer shaU not destroy. damar�e �+'ti �mpait the
<br /> Pror�erty. :dlow the Pro�xny to deteriorate, or commit w•aste•on the Property. Borruwer shall be in default nG an>• forfeiture
<br /> xtion or proceedi�g.whethcr civil or crin�inal, is begun that in Lender's good faith judgment�vwld result in fca•�eiture of the
<br /> Propeny or otherwis�:nwterially impair the I[en crcated by th[s Senority [nstrument or Lender's security intet�st.Borrower r�uy
<br /> r.urr.such a default and rein�tate.a�provided in paragraph 18,by r.�using the action or pmcecding to be dismissed with a ruling
<br /> t0�::::. in Lender's gcwd faith Jetcrmination, prcclud� forfeiture of the Bc�rmw•er's intcrest in the Property r,►r other mvterial
<br /> era��,:r.im�em of ttrc lien creatat by thi+ Security Inrtrument or Lender's security interest. Sorn�wer shall a1s�s �e in default if
<br /> iiorrower,during the laan applic�tion prcxesti.ga�•e materially false ur u�,xcurate mfornwtion or statements co D.�nder(or f�iled
<br /> to provide Lender with:►ny materiul infarniatiun)in connection with thc loan evid�nced by the\exe.including,but txn limited
<br /> to.representations rnnr.erning Born►w�r's�k�:upancy of the PropertS+�u principal rcsidenoe�if tGiy�oqrrity Insm�nxnt is on a
<br /> (easehold. Borrower shall rnmply wi��� alI the pmv�stons of the le�se. If&►rrowcr arqutres fer titk tn the P�nperty. the
<br /> Ieasehald and the fee tide Yhall n��t mcryre unl��s l.endcr:sgrecs to the me�gcr ir►w•rting.
<br /> 7.Pcotectton nf��an�er.`a�tat�[n ehe Pro{x�rty. It'Bon-.n�•er failh t��pc�'�n�ni the co��nant�and a�n.ti�rr�wic�c 4vmtsined in
<br /> this Security l��tittumenr. ��r the��:ir a I�g:il prcx�eeding that nwy�igmticantly al9eti.K I:.ender',right� in tl�e ljrci{adr.uy ��uch:ts a
<br /> p��i�iv I�:mk�uptcy.prob:ite. f��r candemnatiun or furtcitun: ur I��enforce la��+��r re�ulanansl. �hen fl.�.�rni�rr n�x) cfu and
<br /> pay for u•i��ever i� nece+.,sry to proc�ti� ehe�alue��f the Pmp�:ny an�l farndcr', i•iL Itts in tlt¢ pitir�rty. 1.����.t�r s:t�tion4 tnay
<br /> includc puyi��Z• any tiums �erun�l by a kien whirl► has priorit� u�rr �l�i� 5�:cun�y imtrum4n�. al�{x�nn� in c.y�urt. paying
<br /> --�,_ _.. _•c� �...i p.,f�.�;no nu ihe Rranertv t►� mnke repairs.Atth��ush L.:nd�r nm�� c:tMe�:tiun undar•11ti�par.►graph
<br /> - rT+�av�wvic o..v.:�.�o ..�..._.�---•--� � • -
<br /> '1,l.cixtcr docs not havc to do sa.
<br /> Any anwunt+ disburxYl by ln�ndcr u�xler thi�; p:ir.i�tt:►ph 7 ,hxll hcrunk a�iJ�uunul dal�e �►f' 13���,v�vcr ,ecured by �his
<br /> d�tc of di bursement atlthe Nute ate amf �hali bc pavablc thw th ntere+ap upontnni ce�l'r��m,�l.xnd�r t I�B��rrowcr�rcyue,ting
<br /> p�yment.
<br /> 8. AtottRaRe Insuntx�.�f Lcrxf�r r��yuir�Yl nwrtgagr insunncc ati a�ymdition ul roakinF thc l��an�ccuRtil by thi�. •unty
<br /> I�t.itument. Hom�K'er >haU pay thc prcmiunn rcyuirc�! w n�intuin the nwrt�agc inwratxe in ellctit. lG fi�r any ma�sn, tlx
<br /> nwngagc imur�nce����•crrFc rcyuin�J by lx�xlcr lapsc5 ur ccaticti ta tx:in cffcct. li�,rrowcr�hall p•ry chc prcmiwns R�yuintil to
<br /> uhtain ruvcraFc�ubsrrntialiy cyu�ti•alcnt t�thc nx►rtgagc in+uranac prcviously in eftcct,at a rn.rt wb+tantially c��uivolent tn thc
<br /> cu.t to &muu•cr��f thc n��nga�c inwrancc prcti•iou.ly in cffc��t. tmrn an altcrnatc nHmgagr insurcr uppmred by L.cixlcr. If
<br /> • . • ' • a,y���++ Wrn+302� 81i0
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