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<br /> Upon p�ynieat in tWll ot ell ���t�ta iocnt+od by Wi�&ecurity L�trument.l.ender ehdl P�mF�ly refUnd to Aorm�ver any
<br /> Funds held by Lender. IP, uac�ot 1'nY�ar�ph 18�I.esKkr tMll�cquirc or all tde Pcoparty,1.endrr.Pr�or to tde�equlsStion ar
<br /> sala of ihs Praperty� �h�ll �ppty uty Fund� hold by I.ender at tlx time of acqui�ltion or sale u a crcdit��iaxt�ho tum�
<br /> rexural by thi�Securlry Iast�un�cnt.
<br /> �. Applkatlon r,i Pa�menh. All paymeuu oi p�laclp�l iu�d interat roaivod by Lender�ltall be�pplied�s provlded in
<br /> the Nae. If Bc►rrowcr owe�Lander �ny lete ch�r�ea, or ather feea or chuge�("o�her cbu�a'). thoy wi11 t�p�y�bla upoa
<br /> dem�nd of LRS�der.Ud�xf prohibitod by I�w,tbe ippllwtion of psymmu rn�y be wffxtal by tbe Irap�cpt=o��de1���� _
<br /> 'i�erefoce, payma�u df other cluraa, whether psid to l.ender in�dd�tion to the moa�hly p yuxa Y
<br /> applied W a aaanne��t ttio �beolute dlsCredon of the L.eader. Rarmwer agms that Lender may app1Y anY ptYtn�nt natved
<br /> uAder pua�r�u 1 and 2, either tirat to�uaounu payable uador Au�graph 1,or firet to unouata p�yable undcr P�graph 2•
<br /> 4. Prior Mnrt=a�a a�nd Deedi ot Tru�tt Ch�at I.tenA.Bormwcr sh�11 perform�l1 of Barmwar'e obligatlons under
<br /> �,my mongage�deed af uuct or other sxurity agreemeut with A lien which hAa prlodty over thl�Secudty Wsuumeat. if�ny,
<br /> Irocludit�{Horrower'r cpvenante to m�kc p�y�mta whcn due.Borrower shall p�y or cwse to be paid�EE t�c+:s.��e eAd
<br /> wiKr cturga.fit��d tmpositions uulbutaAte ta tha PropertY whicb,n�y�ttnin a pdodry over this�c'.��r�.�
<br /> leurhold p�ym2'aa nr�round reatc, if any.
<br /> Borrower Rhall tleo pay�before tbe aa�me ibacocn cklEr.ec�u�eut.the rntire�mount of aay tax levi�od upo�a @►fs SecuriRy
<br /> Iatuumeat�upon the lata+�st of Lrnda undeQ tbls Securit�Insc�uuaaeat or upda the lnd�btedaeaa tecured hereby.
<br /> 6. Ina�ranae;�ocrowx�11 kxp the ivaoprovenaeats aow cxi.sriag or hereatter e�ected oa the Propaty;n+�u[od a��inst
<br /> low by 11re,hazm+3s'r,s�luded�vllhin�the tte�nn�"axtcraiod oaver�ge.'�oa��u�d u�y other hu�ds as L,eader may[eqttire.from
<br /> time ta tlme�adnd in auc�u�wwm�t�nd for sucL perlods a Ler�der em�r roq�ire.
<br /> 'Ihe insur�oo�cu�ier puvi�dia�tbe inwrance�6�U be cboxn hy Borrowa subJect to�pprovd by I.ender:Ptavidod
<br /> tlut such approv�l s�U ao�t bo unressonably withhdd.lf the Bomower fW�to m�iatain t6e covera�e dactlbed above.Leader
<br /> ie�rdanoe wfth Pan4nnl�8.A11 insar�oe policia
<br /> rn�,� at;W c�;ic�.�,ob�aia cov�sn;e to prQte�+t it�righte ln the Praperty s cl�ue in hvor of�nd in
<br /> aod te�w�l�theroof sh�ll be in�form a000pc�ble to Leader u�d d►all�aclude a�t�nd�rd mo�ti�E
<br /> s lorm�oeptable ta I�cuder.Lender thall bave t6c dght to hold tbe policiea aad m�ew�le @�enof,sub}4ct to the t�am�of�ay�; . .
<br /> nourtsye deed of au�t or otlKr sxurlry a�reea�etu with a uea which!�s pdodty over thfi h�`Iaau�aak��,,If�:,
<br /> iucyraaoe pcoceeds ara m�do piy�ble w Borrowa. Borrowcr sha11 PrompQY P�Y��oui►q to I.eades,inct�l,��, witria�l4�; ;;
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<br /> Wnitatioa,tUe adoncmeot w I.ender ot+�ny prooeeds mde by ct�ecic or otbec draft. . .
<br /> Unlaa La�der uytl Borrower othcrwise a�ra irt wr1W�,lnnu�aoe Proroed� �hW b�q�pliod to rawc�tiou'Eir rquir'•� ,
<br /> �t s�Pmg�t;���,g!�!; it We restoration or reip�ir ia eoonomkylly faaible ud Lander's �ecwicy i� not le�eued. If tbe ''�'',
<br /> ratorulon or rtp�ir i�not ocorwmically feaaible or Lendar': saurlty woWd be te�ueaed. the iaaui�i P�.� �
<br /> �pplied to the aa�sxurod by this Securiry Iasuumeat�ahether or�wt tbea due.wi¢h�ny�accas p�id to&►�U��xtead or
<br /> Unleat l�a�der�ad Samwer othetwiu a�ree in writtng.taY�PP�cation of pm�eedt w princ Pal
<br /> . po�une tbe due d�te of tbe moatLly paymSm�s teferred to In Px�rapbs �rad 2 or ctwoga the amoutNt,�oi tLe paymeate. If:
<br /> yadae par�rapd 1��e Pcopeity x�acq!�iPec7 b��. Borrower's rig�a�co any in�uraoc��►oliclw�ai�I�F:uCtCds t+�u, lii� �'�
<br /> ,"`, fmm d�n�e w th�t Property pdo,r to tbe ahit�ti7�;itibA�11 p�so W L,end�'w the exteat of t2�e amds�_.sec�lf�ed by tl�Seetu�t�r.... .,.
<br /> In�umeat immedi�tely prlor to t11e�oquisltlon. � '�.: � � � � ,
<br /> The prov�aSow o!thi��aryrarh 5�onoGinlut the�+�Ya�at,d��or�PPlica�on af iwur�ooe pmoeeti4 s1�1� "
<br /> �pply w aay inwranoe Pcoeeed�covecia�tbe FropectY wl�ether oc not(i)I.eader L a n�ooed inaicd. (ii)the PdicY�n�� '• .
<br /> �.�'•. uatc�e clause or(i�i)Le�ber has tequire�Barowa to nv�intatn tLe inauanoe. Hor[oMrec awhorina aad direas mY inpma ;:.`:
<br /> '` , w li�I�a t lois payee aa�ay payma►t of inwrmce Proceed�upon 1.aoder'�aotioe ca fmwra of L�aider'�intarat ia the,.
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<br /> '';;7, ����n�+. of loa� Bocrowa rh�ll give pmmpt notioe w We inrurance c�rrier�md l,eader. Ixnder mry mdCe p�'oof
<br /> � � ' ot lo`i'it uot m�e,�+oaiPtlY bY Boao.vet.
<br /> ',,-,. ,��; If the.P��;pwre!is�bandonod by Bou�ower� or if Borcowec hil�to rapond w l.eader w�itbin 30 d4Yt finrom the dM�e
<br /> � not�is t�led��fiy3.en3a to Bormwer tbu'the insur�ooe can�fer ot�en ro�ttIa a cl�int far imnra�oe ba�elite� IRadec is
<br /> wt�r�ed to ooUect aod apply che inwcmoe prooeed��t Iaa�kr'�opdon dther oo naooreion or re�nr of We PropactY a w
<br /> 1tt�sit�i'�teCUl+ed by t}�tt SeCUtiry Inu�umeat•
<br /> 6.`�;. ',°'rra�a'9,fpoo�nd Mdotewnoe o[lh+operty;Le�o�d�i CaadotnWums; Pla�sred Uait�e�dbp�e�qr.:8��
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<br /> �j�p�,��rn;p�ty in�ood crpttr�od stWl aot oommit nor petmit wako.ia�psi�t or dekiioe�tia►of�11e''��9• ,.
<br /> �'o�v4x�wl➢,ne�c.�e�n�nh�affxting the ProptstY that is in WolaNai of any larv, ordlma�'�r,;over�meat rcNlado�q: '
<br /> tpd�lica'ble w:ni�atLl pc�g��a�d Bocrower�tl v�Dtnply with the pmvIsions of,�uY IeMC i6'�id�+��tY�� �
<br /> ob i�,�l�old. If tbis 5eairltg nns�t L+on a unii�'um n c�oadomiaiwn or a pl�'�nntt developma►t. 8olrowa�U
<br /> perfomi�11 oi Borrower's obli�ill3�!W1QC'Q`U�11G��ar�;m'•ar coveaaats cratint�Ci'.So'��S tb�oondomiaium or.pl�aaed
<br /> ' , uait developmarc.tha by—Inws ond ngul�lim�s flf afie�cundah�tnium or pl�nned unit�vet��iitut�os�tueat dacwnarta. .
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