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<br /> c 'ilx F�m�!g ab•�be hekl in An inxdtutk►n whose de�x�sits are iasured by a federal aaencv. lustrumcntalitY. ,�':T.-=':--
<br /> or Kndty(inch�ding L.ender,iP I�ender 1a�ui inadtudon)or in auy Pederal Home Loan Bank. L.ender shaU apply � �,;.�'_-
<br /> I the Fimds eo pay�he Bscrow Ioang. I..aider au►y aot clurQe Borrower for holding and applying the Flinds,annually �p _ -
<br /> amtlyzing the escrow ucouat�or vedtyin�the Hscmw Itaas. ualess Lender pays Bonower interest on the Funds `���
<br /> , aad appUc�ble l�w pemiib L.ender w rts�ke such a cAuQa However� Lsnder may require Boixower to pay a
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<br /> � • , oae-dtae chuge for ur indopendent ral esta0e t�ut �+eporting servlce used by Lender in connecdon with this loan, E,.;,.;.
<br /> ��•'��_ wiless tpplkabb kw provides odktwlse. Unks��n�reanent is m�de or applicable law requires 9nterest to be paid, E;�_
<br /> Leader s1W1 not be requlred to p+ty Borrower my inrc�est or e�mings oa the Funds. Hoaower aad I.cacler may �`_--
<br /> .. . ag�r,e in wcidng,lqw�ever�dut iaknest�t�all be ptid on�he Fund�. Lender s6sll givc to Horrowcr. wlthout charge, 6:=-
<br /> �';- aa s�nau�l aaouadng of the Pundi e6owing credlts nad debin to tUe Fuads and the purpose for w}�ich cach debit w - -- .
<br /> ; tue Fuads wu�de. 'Ihe Fiu�d.v ue plalged as wkUwrul security for all sums secured by th�s Seaurity Irsm�nen� -
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<br />�•;:<��• `:� .'. If tLe Funda held by Lender eaceed the amouan pemilaed co be held by applicable law,I.ender shall � '°�-
<br /> :;ti' � �• • xootmt po Borrnwtr for 1be escese Fuada in�ccordance with the reyuire�neats of applicable law. If the amount of ---
<br /> ° .. i� the Funds held by Leader nt any tLne is nat sufficieat to pay the�scrow Items wuen due, Lender may so notify •---
<br /> Borrower 1n wridng,u�d, in such cASe Bonower ihall piy w Lender the Amount necessary to a�ake up the
<br /> deficiency. Hocmwer stull make up the doficiency in no more than twelve monthly paywents, at I,endar's sole --
<br /> �:� discndon.
<br /> Upoa ptyment in tttU of�11 sua�cecured by thb Secutity Instnuneat,Leuder s6all promptly refund w � �-—
<br /> • Borrower�ay Fuads held by l.ender. If,uader parsgraph 21,Lender stull acquire or seU the Property,I.ender, �:
<br /> pdor oo the�cqui�itioa or s�le of thee Pmperty,eh�ll ly eny Fund�held by Leader at the time of acquisidon or -
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<br /> salc as A crcdit against the eums secured by this Sx ry Inauniaunt. _
<br /> ,. .�`: � . 3.AppBcafioo otPa�menb.Uakcd�ppUcabk 4w pmvkks otherwise,W paymenfs received by Lendar
<br /> -- '�� ::;;;�:: urd����,st�1�a 2 stt�t:��sl�: s3rt,w:ss�at�s�ac ct:::ra ds�ssacler she*?ox;s�^.cd, i�a�nci:nnss :
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<br /> '�:,. ':�: . ,'.+ ptyabk under ptrt8r�ph 2;third�to iaoerest due;founh.w principU dne;aad Lst.to any late chorges due under
<br /> ' '�� tLe Nox.
<br /> '� 4.Cha�rs;Ilar. Bocrow+er ahall piy�U nxes.ucessmenn,c6u�es,fuxs wd imposidous ataibut�ble
<br />� � r� � 'i W the Property which msy attAin prlority over thls Securlty Iwnuaknt.wd k,�sehoW p�yments or grnund nnts,
<br />- .•:''�, if�ny. Bomower shall puy these oblig�dona i n tUe tn�aaer pro v i d e d i n pu�r�p h 2�or i f not pu d i n t h a t manner, - -
<br /> . " Bomower siWl py Wan oa time direcUy to We person owed payment. Borrower�tWl pmmpAy fumisb ro Lrnder
<br /> all nodc��s of�aonimts a be p�id uoder tdIs pRr�nph. If Bocrower m�ke�tt�o p�yroeats dinctly,Bormwer st�aU
<br />�,�',�-!'. ��'t prom p t ly fl�m i s h t o L e a der r e c e i p t s e v i d e a c i n�t u e p�y m e o t s.
<br />��; : Borrower shall pmmptly diachu�e wy liea which du prbriry over t6ls Securlty Insm;meat unless
<br />- �-•{ ''� Borrower: (a)tgc�ees in wrttiug to drc IxYmeat of the obUg�doa sxured by the Uea in a m�naer accep�ble to
<br /> a':''; • •'' Imckr�(b)ooaxstc in good faith the liea by�or defrnds agaiast enfvrcement of the Ikn in.kgtl proceed�ngs wtucb
<br /> yr�'••:��r;"yvi;�� in the Leader's opinion opertte W pcevent the enforcement of tLe Ika;or(c)acunr from�he bolder of�bs Iiea an
<br />�``•-,:,•.:'•- agroanent s�dsfactory w Lender subordin�dng the lien oo thia Saurity Instiumeat. If Lender detetminas Ifiat any
<br /> r Y'"�r' '� put of We Property iv subjxt to t lien which ro�y atnia priurlty over t6is Secudty Inat�ument, Lender may give
<br />_��'���: ' Bocrower a nodce idendfying tt�ee llen. Bomowar s�lt sadsfy dse licn or qke oae or�on of the xdon4 set forth
<br />�:��� ' '' above wiWin 10 days of the giving of nodce.
<br />�vi�--'t� S.Hasard or Propatiy Insurana. Borrower shaU k�ep thc imptovemeaq aow existiag or hezratier
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<br />_:;., -� erocoed an the Property insurod against loss by Gre,hu�rd�iacludod wlthia the tcrw extended coverage and any �,�:
<br /> '�:�,�?::�',,. oiher h�tc�da�including tbocls or fbodiog,for which I.rackr requlres intunnce.Thi�lnsurwce shall be mainmined �,'
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<br /> r � � in the�mounts wd for the pedads that Lender requires. The insuruicc carrkr providin�tLe insunace shall be
<br />-�� , ,;��^•+" chosea by Borrower subjxt to Lender's�ppmval wLkh sh�ll not be unnuowbly wltbheld. If Hocrower fails w =.
<br />=:;';r�r;_ � m�intain coverage describai above,I.ender may,�t Lender's opdoa,ob�uln covenge to prooat Leader's rl�hts in --_
<br />-:n;:..,. the Property in accordmce with puagcaph 7. �.' ,
<br /> r - •. ,!= All insuru►ce polieies and renewals ahall ba�ec�ptabb to I.ec�r and ctuil inelude t ctaad�rc!mortgage �.:
<br /> - � cl�us�. Leader st�all LAVe the right to hold the pollcies uid renesw�ls. If I.enckr require�,Bortow�er thall pmmptly --
<br />:,, gtve oo I.axlcr all raxipis of paid premiums xnd rrnewil nocfces. In the evrnt o4 b�a.Borrower sh�U give pmmpc
<br /> nodce to We lnsurana carcier and L.enckr.Lender uuy m�ke proof of bca ii not rn�de promptly by Sorrower. �;;=;�-;�:-°_
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