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<br /> 9$° �,���Q��. ��.
<br /> Th: Fun►i, .h�ill be held in an in�it�tiUn «hase cte�it, arr in:ure�i by a fid��r-al a�cn:�. ►m ruenen �?, u t - ..
<br /> . . , ,' (i�eclwiing Lender.if Le►tJer u.uch an ins�iteetinnt nr in aa� F.wt+rrs!Hon:e L�un B:u�tc.I.endrr.Siati aF�!> tix F�e�d�t.�{+a> the - f.=,�,:�..�. . .
<br /> • � " Escr��Items. Lendrr nu�} n��t ch:uge�um�u�rs frr h,tdin�urnf sppi}ing the Funds,annuaftc anal�nr.�th{c�:ra»:�.�'�wm.��* _ __
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<br /> � ��erif}ine thz Excm�v item,. unle....Lender p:►�s&�snr..cr inte�u on ttic Fun.ic;usd appticable 1:►w gerr�:t.k.en.i:s ea�such -- . ,. _--
<br /> < . 3 CQ3tg�. �IP41"2Y�i. L.CIIdCT filay R'(lUt[C B��rfin�eT(J�tt a��xt�Eent�dta[€e for:m indc�+endeat r�el r.�str ta;ce�x,ccirfs��+i��e , . -
<br /> ctsed b� Len+f:r in �rnnection a�ith thi� to:uz. antw�+s spgEi��Te Faw pn•ti idr� �,ilzcn�i.e- Unie.� an agrees^.en*_ i. �tntz ur ; • . '•;:_" c.' .
<br /> . t.:- � aPPti.:tbl:lar� re.��ioterc�t to hc p:u3.l.�tnier.ha!!r.��E l�rc�uire�tu�►:n&�rnn�•cr any intrrL�+t ur eameng+an tEse F�nd.. �_ ,�,�.4; :':• _ , ;`
<br /> B.�rruweQ a�Lenc�e ena���ret ia�tntms;.haue.•��r.thaa intzn�s�hsll be p:rat on the Fund,. L.emi�r shall gice to 6.,rn��vr�. , L "-.
<br /> ' � � uiL}�iiu���.ar.a�ac:a!:u:.��w�:z of ttie Funds.stx�v�ing cred:ts aiui��+it+tct tt�Eu�.is and th�purp�ne fur«hi�h rs�-h �''�'` �
<br /> '. � ! dL-6it tv tPn:Fcsr�i��tia�seiad�.'itie�u�t{xrc ple.iged�i sd�i�tiec;il securit} for a!E sum�x�vn�i hy thi;Secunt}•ln,cruncern. � � .,s'.`
<br /> � : S If tt:e FunSs hel�6y i.en.fi:e exc�i the�ount.permi:ted to E+�:F.rld b}xppt�:�f+fe taw.Exnder+h;+t!ac�-uunc t�►Bum.wer �
<br /> for the ezc�ess Fund+in acmnt�m.-e Ni:It tl�.e requsrement+of appti��blr IaN•. !f tIti;tnu�unc of tfv:Furni.,t�efd P} Exndrr at an}
<br /> --- ` `- „�`.,� tirrce is aot su�cient to pay the E.;emw it:m.��•Cen d�e.l.er,der m•ry w r,otify Burruwcr irt writm�.:uuf,in +ach c:ix Bucr�xvrs - -- ,,' �
<br /> • :t� ��`. ; { shati pay ta Lendrr the amuunt e.ecc�sazy Ea cre;ce up the deficirncy. Bam�Ner�Ii:iii m:�.e u�the.t¢t'ai�rn.w in nu iunre t4�an - -
<br /> ��'�.�, 4, _ mehe cnonthly paymen�.st lxnder'�sate di;cr:tion. r '
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<br /> . - • Upctn paymcnt in ful� of aI3 �ecrrs secvred bS t�.i: 5ecurin Instcument. l.en�t�:c sh:ill prurctptly refund to Borra�rer an} �
<br /> . • Far.d,hetd by Lender.if.und�c gar��raph?!. Ler.dzr shalt acquir�or sel!the Frupectp.Lender.pruu to the:u:yuisidon or sai� . '`. ; _,:".:
<br /> , �:� of[he Property.�ha(1 e�pty ar.} F�:tds�:e[d By Lxrdet'aC S�.e ti��f:�qeiyitior.�,r.afz ay a�TC�i�t ag:unst tf��ums s�un�f Fr '�� ':.
<br /> ` the,Securiry inmument. ` ." � . . �
<br /> '`'.r.�"•�.-.;. .,.'Y:' 'r::
<br /> �.; 3.4pQticatton of P�y�ue�t�.Untesti appf icahle la�v pro�,i(S�5 OL�'xCtvi.�l',a l I payment.receie e�b}L.e m f�r u n.i t t p a r a gr'.t p h s � ° -_
<br /> � E azsri 2 shall be applied:fsast.t�aey�repaymrnt charges�e u:.+'�:ri�1bte:serurui.tu amount.�c gayab[e under para�-�h 2: ; :
<br /> ' �;° t::i,•S,tn interest due:fourt}:.C.�tr rir.cipal due:aiW lasE.to ac:7 lact d�.���a dt:e ucdtr tlt�Mote. ' � '*`'' _
<br /> ?�` '' �.Citarges; Ltetts.Baycrnwar shall pay all taxe+.as-��.+�'s�r=�.c":as�-�. fines ami i:npositivas attribatablr tu th� Property , ,��t�;��%,``` .,��.
<br /> `i�� '•:3,. ti:.'nict+snay attain priority ctiver tSus Security Inslrument. a.�3�:�:���t�:ments or groam!mnt+, if ar.y. Buao�cY shalt pay ��-�4 ,-
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<br /> T - - -=..;�, t�.::e�bligations in thc manner provided in paragraph?er is r�.•F paid ia u�at►nanner.Horrowrr�[�:lt pa}thcm an timc directly
<br /> . ca th:per�on aw�ed payment.Borrouer s@ai:pcomptlt fi:..y.:s�,t�Lenctes a!{nnticec of amuuats to�e�.s+�t under this paragraph.
<br /> • ,� .T�•�; lf Botirower makes these Qayments direct►y.�crauer�;,a_`�t�::mpdg fumish u,[x� ter rece:rs evsci�...-�,�cl:e pa�ments.
<br /> : Bc�rrower shal!prompdy di�charge any liea whicF•L�pr,anty over this Secnrity In4truaient uzs:�.b.,.�rouu. 4a►agrres in -
<br /> ,. � ' ' uaifis�to the payment of the obligation secvred by ti:e���n ia�manner acreptabie to Lenaer(b!u�nt�tti ir.gnc�s faith the tien ' �-.:�_.
<br /> ��'''•�-� by,or defends against enforcement of the lien in. le�a�, rcc.eedin��vhic6 in the l.ernier's o�ir�o;�uger3ez.:::�.prevent the `���'=
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<br /> � ..-��:�.yf enforcement of�.tif3n:or(c!secure,from[he hotder of��fien an a���ent satisfactory to l.zciw:�:�E�rd'-ra�^�the tierr to � �
<br /> '�� `=T"� this Securiry ��tnu�xct.iF Lender determines that an art of the P�o atL•g' i�sab�ect ta a lien�•�_:ich�rap ar:a:=.pnurity o�.er
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<br /> -"��;t,�;;,;. .y, �. tt�.is Security In.�runxnt.Ler.der may gi�•e Borrower a n�tice.identif��ir�t�`�t lien. Bc�rry�wec shatE saiist�,�e lie:�c.�L-�or.,:or. Y,. �,:-:__-
<br /> 't�`> �-':�% �s�reof the actions set for�F s,."�u-re within 10 days of the gi.-i�of rutice. ' =
<br /> r'� ' S. Hazard or ProFaao�g II.3surat�ce. Borrower s.':a!l icae{� the im�rovemer.t: cuzu existing �:. herea�� er�.,d on the 'f ai T ��"� �;�
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<br /> . _.,;:.,�,' pcnpe'rty insured against losy ty Cre.h:wuds uut�deQ c�iFtifi the terr.i extended��e,��ra�e" and�3y�Ehes�rF?:. including -:
<br /> •: ":��?• ftaods or tlnodieg.for w�hich ixnder reqaires ins�7ce. �'h�in,urance s::stl be maintained i^t��,as�7aur.*.�arL fc�r the periods . , 1;�:
<br /> • �^��� � �iaat Lender requix�es.The insurance camer�+raviding the insurance+na±t be chosen by Born�w Vr�sUb;z�ta 3...°'n�er s approval 't`-
<br /> � '� � v��r�� � �sfi��h shall nat 6e unr��nnably Kithhetd. if Borraucr 4a�{s[o maintain coeerdge described a'R�ve.•Le���'•at Lender s �,,.;, .;:`
<br /> , � ��'` ag�io�,obtain coverage tu protect Leader s rights in thc�i'a�xttp in accordance witf��`rdpi;�. � . ' ��. ''°
<br /> •All insurance licics a.�a'.rertewals shali he acc�zpta5]e.to Lender and shalt inclu;.�a titac.i.;r�irpst�a$e cianse. Lender � �
<br /> : �:-
<br /> -'''" � shall have the right to hola��pulicies and renewals.it"'�.cnd:r req��ires.Borro�ver si}a!5 promptty:gi�.•e ta�.end�er.Sil receipts of ��.�'� .;
<br /> �, � ,:�;�-� � paid premiums a;rdseae��2� �A,�ices.ln the event af toss.BoFro«er�E:a?'r�ve prompt ru�tice to the:tncaraTCe carrz�:rznd Lender. '"��',: ��
<br /> c Lender may maTcc�n`u�a_Ra+s,c if not r:ade�s:ompdy qy 8nnower. •. � � ��"• ' ��:
<br /> ;�-• � ry� �+� Uniess l.end�r a:rd A.s:'r;,tv�r othcrnisz a�arr in«�ris;n,�, insurancc proreeds shall be appl�efi c:�r��snration or repair o;iI� , :��„,r
<br /> •'`�'`' ` �'� � Propeny damaged.if the rea�tc►ratirn or reQa�t.s.ecnnomirally�fea+ibt�and l.ender'�tiecurity�.rtat t•t`r�eeed. If the r�tocation o*�, . � �,1• .�:.
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<br /> .� ;��;��•,i�:n±•;�;,?���; �epait is not ecanomicalty feasfttt or Lender�+ecurit}a�ialA be lessened. the in.�urance p►'oceeds slta!t he app�i�f to the�ums ;;
<br /> ''��,�°• . .Y� ' +ecured b thia Securit Instrumene, a•hether ar not then due. with an exceti� .iid to Barro�scr, �P Bc�rrow�c.r:bbandons the ?'J"
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<br /> . `��i� Praperty,ar does not anrwcr�vithin 30 dkys�notice from Lcnder that the insarance.�arrier has c�S�fere�:to sei�l�a claim, then ,;•1':,'�--
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<br /> LenQer may collect the in,urdnce procecd:•'i:ender may use [he proceeds to repair ur restore�th�'gr:tperty ur to pay wms �
<br /> � ��'��'�: secured by this Security lnstrument,wheth��o�not then dur.The 30-da eriad will he in when�Tie 7iotire�s iven. ���*ti°�-•���-
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<br /> Unless l.ender and Burrow•er othenvi5e a�ree in,�riting. any appSication of proce�ds ta��prin:ipal six3L,r.ot extend or ��r;,,+;;,.__
<br /> postpune the due datc of thc me�nthly paymen�s rcferrid�tc+in paragraph� 1 and 2 ur change the aniaunt�o!the,�ayments. If ;,lt:: -•. -
<br /> under paragraph 2l the Propeny is acqui�e�!�y Lender. b1+s'rc>w'er's nrht ta any imuraace policics.and proce.tl�n:_.al[mg irom '�'���' �"�----
<br /> damage to the Pra�rty prior to the acqw.sfiun slsall pacs to l.ertder tn t`iG axtent of ehc sums seccs�h Y�y shia SeauFl.ry Instrursmtu '� , � _ _
<br /> ... , . x,,,,��� immediately p�of i.a the arquitiition. , � [.easehotds: .- _. -_
<br /> 6,pccupari�y,°Preser�ation,Afaint�oe anc{Proiectian ot the IP�i+upert�:Sorrorer'v I,�uu�itppficntion: � f,,,j:
<br /> :��1�i`�'' ,�• ' �"-�'� Bormwer shall ocxupy.estaH.�.<i►.and use rn�Pmperty a�.Borrower'�princip;J resi��az.wiihi►��ixty:dayy after the exccution of -
<br /> , S•tn ��"S
<br /> - � � this Security In�trument an�..iialj cxmtinne tci occupy tFe ProPC(IY A.S BOli'o\�Yf S p:"s�s:�ral re�idence.for at Iratit cme yc�ar aftcr p�Qi,�,f��;�, _.
<br /> . • the date af occupancy.unte�s I.ender othen�i,r agrees in writing,which c�n+ent tihaf�not be unreasonably�vithheld. nr unless � .���`;., !Y,....��
<br /> �. • • �;.'!: extenuatin� circumstances esi�t w•hich a�e:E�cyond Barruw•er's control. Borro�ver shall not de:4'.:�y. damage or impair ihe , . ;f,::_;
<br /> �' - "- • Propeny,allow the Propert} t��deteriorate. ��r commit u•a.rte on the Pn�peny. Bi�rrawer shal��ui-•m default if any forteiture � `.,t/;�'�r::
<br /> , . .5��, 1..
<br /> • action or procceding, whether��ivil or criminal. is hegun that in Lender'��:ood faith juJgment c��r:id resui!in fi�rfeuure uf the '�. �.: ,�; �5,
<br /> ', eriap im air t e lien crrsteii by thi.Security bi�tni me n t�r L e nd er's�u:us�ty intcrest. Borrower ma y ,,,�`
<br /> � �' Property or otherw�.e mat y p h . • ,,f,, :
<br />':i. . . . ` catc such a default and rein+tate.��provided in paragraph I8.by cautiing the action or proceedi::;�r7 be Jitimi��ed x�ith a ruling . ' : .
<br /> T -- � ` that. in Lcndcr's gaoJ faith detcrmination. prcclude� fotfeiture uf ihe Bornn►�er's interetit in Lt'w,Praperty or other matcrial . ::`•.�.;..
<br />`:; _ <;JF;; impaimient of the lien createJ hy this 5ecurity In��rument ur Lender's +ecurity interest. Bpm��y+s'�hall also he in defauU ii . . . � � �� �'
<br />°•; � �:��+!'� Borrawer.�ur�7�*.he luan applicaticm procesy,gave material�y fal�e or inaccurate infi�mwti�iiriic�f�t��ti:rnents to Lender(or failed . '' �±i���:�°^-
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<br /> - ` =r-� w ptovide Lsn;l:.�:w�th any nuterial informetion)in connection�vith the loan evidencctl hy�f�ia:tQi�le•, including,hut rtat limited � ,•, .t� ���j���.°�4•
<br /> ��, ,� . .� c<<..�,�pres�:ftWtfi��ej concemtn'�t�,fi��r:ow�er'ti occupancy nf the Properly a�a prineinul'i�.wnfwtl:�,�I Ih�k Sccurity ins[rument is on a � s���4�,
<br /> � {i::u!eita{d.�fl�m'.�iw�cr �(�all �ce�n�pty �:ith,aU thc pr���i�iim:s,uf thc Iease. 1f Br�rn�w�r uci�qn�.� i4x:,title irn tlir. Property. the � �'j}��� � ..
<br /> ;�Iy;%���.�� �;� •'� :���ii��lU��;{�,i1;,,fce titic tihali nut m¢rge�uTtc.ti l.cn�icr agn.ws tu thc mcrgcr in�}�ritht}�: '' �.' � �i{y;��` ;a�' •�
<br /> ,;:,:_;�i�ih.i'�a{; ?'C?f�)IaSl;�UDO OY IRII�Cf�ti EZI�,IIIY II'l�l�ft'f�roperic.ff 8um»�•cr fail�.to perii�11�i[1'rc covanui�iti�hnJ agrcent�uts cuntuincd�in ;; �+�'.^i����i��yy��}�
<br /> ''`�.:��'%';';?�:• � ti-ix S�tiwril),1ir..yrumcnt. or there i+a ie�tt3! prncce�#ing that niuy Signiticantly affect l.i:ndcr's ri}t1it�,in the Propeny Iwcla ax a ;,�., ;;�?�,,�:•�.�.,.�3i.
<br /> �_:�r•,...1;���1 . , ! ,� ,,;;!�,fc::.;,1Y#?�(�4i;.
<br />_. ' ;•>.�,?,(;�'��,,` �n�ccecling in bankmptcy. pr��hatc. fi�r cui�dcmmati��n ur ti�rfriturc��r to cnfnrrc I:�a�,or rc�W:�tinn�): thcn I.enJrr may d��anJ ..� i.:r,:,,�,�,,.,,,
<br /> . , r�i�',?,�. ��U}�•fi�r whntever ir nccc+�ary to pu�tect tlu �aluu��f tlte Propcny and Lc:�nfer'.riglns in t1�e l'nipeny. l:cnder'..tctii,n�m:iy F � �:� .�.,
<br /> . , ` ` ;<<< � i;::;iudr p.rying any �um� ,rcu�cd hy a lien �vhich ha� priurity uvcr thi, Sccurit} Imtnlmwnt. appca�ing.in mun. paying � . '.
<br /> ' ` •,`,".;"','J,�{1��;� re•rsanable attorncy�fee.and rntering ix�thc Propeny tu make rcpain. Although lxnder muy luke actiun under thia par�graph ••. ``,4..,-,4''`'. ..
<br /> ' ?i6��f;. 7,l.cndcr duc.r not hace t+�du.r�i. .: � 7�.4�; .
<br /> Any unwunt.di,hur.r c�i by IAn dcr un der t hic pa r�g r a p h 7 ti h a l) N e c i+m e a J d i t i��n u l�d ebl uf Bnrro�ticr tiecured b y this .',�,:,�;�s' •
<br /> - , . ' Security Instrument. Untr+�i3��rroHrr and l.ender agrce to other tem�.uf payn�ent.�he�c unu�unt,�halt hcar inten•t Gutn the ,
<br /> '� • ciate��f Jitibunement at thr yutc rate ar.J �hall hc payabtr. wi�h interc�t, upan notice from i.�:ndcr tu liurr�+«cr reyuerting . ,
<br />- � � pa}�mcnt. :-
<br /> - ; � $.!1lortga�e Insurunce.if lAnder requir�til mnrtgage»>.uranre a,a conditiun��f n�aking th�Ioan.ecured b}•thi.Sr�urity
<br /> - . In�trumcnt. &�rruwcr.hall pay thr prcmium+ rcyuircJ tu ma+ntain thc mortg�gc imurance in cffcct. !f, f��r an� rca.run. thc
<br /> • mnngage insuranre c�nrragr reyuircJ t►y I�nd�r lapseti ur cea,c�tu he in effect. Rurr�n��r shall p�y�tfie prcmiums reyuir��l to :.,,;i•-,'.
<br /> �;�: � , obtain covrra�r wb,tantiaUy eyui�alcnt t��thc murtga�_c in,ur.�nrc prcvi�wtily in cffrct.�t a a��c wb.tantially cyuicalcnt ta thc , ''
<br /> � . cust tu 8urru«cr of ll�r nwrtga�r in+uratrc� pr<<•iuu.ly in rCfcct. fr�mt a»alternate mungagc in.urer apprrned hy i�nder. !f .
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