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<br /> - ``; Bormwer to Lender. in accotdance with the provisious of paragzaph 8. in_I��n of tt�e�Y�of m�rt88p�i��� {� . :
<br /> : • � pr�iums. These items are called'Esemw Items.' Lender may.ai�azry time.wll�ct aad hold Fuuds iu aa amount not w .
<br /> exceed the maximum amuunt a I.ender for a federatty related moagage Ioan may iequite for Boaower s�w accouut under •
<br /> , � ,. ; We fede� Real Esrate Settlement Procedunes Act of 1974 as amended from tuoae to wne. 12 U.S.C. §2601 ec seq. .
<br /> : . . i (•R�SpA').tmless anotiier law tBat applies to the F�nds sets a tesser amount.If so.Lender may.at any rime.collect and ho2d �
<br /> , Fuuds in an amount noi to exceed the te�er amouat. 1.ender may estimate the amowu of Fuuds due oa the basis of curnnt � � f_
<br /> . ;.:� data and teasanable es6mates of eapeaditares of fi�t�n:Fscmw Item�os otherwise in accordance witb applicable law. �. . . . , . . . ,
<br /> The Funds shall be held in an institution whose deposics ate insumd BY a federal ageacy. insor�ne�aliry. ur ent�tY i • �
<br /> • • :i� (incIuding Lender.if Leader is sach an instiwdun)or in auy Federal Home Loan BaNc.Lender shall apply the Fuads to pay f , . .. - -
<br /> tUe Escrow ltems. Lender may not charge Borrower for holding and appiying the Funds. anm�ally analyzing the�w f�.
<br /> -- -;� `� account.or verifying the Fscrow items.vnless i.ender pays�ocrower interest oa the F�ds and applicable!aw petmits Lender E
<br /> -.. ta�make sach a charge.However.Lender may iequue Borrower m pay a oue-time cl�arge for an indepeadent ceal estate tax . � , , .
<br /> � , reporting service used by Lender in mvnecdon with this lnan.unl�.a�gtslica�s}aw pzovides otveiwise.UnIess an agceemeat C� � �
<br /> . . .� is made or applica6le 1aw requires interest to be paicl,�s slt�r��ibe�d�pay Borrower aay inteiest or earnings on � ;_ _ ._.•..._.',>::
<br /> . . , the Funds.Bormwer and I.ender may agree in writi��4�e�:s�at�i s��e gai�l on the Funds.L.ender shali give ta { �_ r.....:._..,
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<br /> .,�. Borrower. without c6arge.an annual accouniing c�f z�e�n,i,,shaai�g cre�scs a�de�ies�the F�.,euds and tHe pucpose for� .�. 'f,
<br /> , � wluch eacb debit to the Funds was�'f'�e Faauis.a.-�����as addidanaS�'cII's�faz a3�:�.s sataued by d�is Seauity � s �:;';:
<br /> . . � • �� ` . . . . . :� � � ':
<br /> If the Funds held 6y Lender e.� d= a��m�Pesu�itted to be he.d bc agp]icable �a�;�Z�nd�r shati accouat to� ,
<br /> cab5z ta,s. �f the a�i�.�Fuads held by �; ' �
<br /> . . Borrower for ttee excess Funds in acc�€da�.r:e cvith e�e�n�s�aP� F � ' •
<br /> --•-•- I.euder at�ty time is Qoi sufficienc to pay che��s�n due.��may so ua��a�au��wiiting.and.iu � _ '� —
<br /> : such�cas��+uwer sbaL pay m Lender the anteiuri2.�y_av�� �?e deficieacy. 5r.�t�r shall make up-the }:K :���
<br /> ,� deHcisac��*�tno more chan rwelve monthly payments,�2 Y.�s so2e.�'a�ce�^ 'o�. ' , . ?
<br /> . .'r, iJp�+aa_��ent in fall of al!svms sectued by tba�Sec�ia��iis�,�ecu. i.euder sbsTt pr�csy�e�:to Borrower aay `:\.. .._,:,___ -
<br /> ` F u a d s ue r 3�g,I.e u� i f.u n d e r p a r a S z a P h 2 1.L e�d e r s�fl a o g�ar setI c��+a p e rt y.��r.��es�acquisition os :;' r --
<br /> ; �:.on or sste.as a,r�:.��ainst the sums � �i �`�;•�
<br /> :. .:;�ale of the Pmperty.•�Ill aPP1Y u►Y Fvs►ds heid•6sr�,e�ter at t�e tsma c�aac�.�u . .. . ,.�
<br /> � � ; '�ed by this Secwrtt�Ynqtraaieas. : g : ... . ..,� . I.ender under r �s =
<br /> . 3. Application of Paymenis. Einless appiisa�tr tsw ��es otherwise. all payu�s receivec� isY �
<br /> . ��l F�'"� ., paiagra�hs 1 and 2 shall be apptied: fi�st.to anY Pmgawm�aE��s dne'mcder the Note:second,to amo�ts payable under - ., ��''-Y
<br /> ��' "�' � c1�:a�ut.�w any Iace charges due under the Note. ---
<br /> . ':� •P��P��� to interest due:fourtb,co prinsipaH ar „ ��s-._-
<br /> . .
<br /> � 4. Char'Bes; I��. Borrower sLall pap aE�sa�es. a��ents. clydrges. fines and impositioas attn'bntable to the .
<br /> . . . . property�vhich may anain Priority over this Secmoiey a$eT�me�. and 2easetiotd payateats ar�rent�, if anq;Barcurver `'��: :..•�-:?��'`•�-
<br /> '`. ' sha]I�Pay,these obligadons in the mannsr provid�'s�garagiapB�,or if aot paid in that manusr,Borrower shail pay theat on �' ; � { i
<br /> � :�j�`�;�J. : ti�ue di�tEy to the pe�son owed payn�nf.Borrower shall pma�furnish m Lender aU•uadu�of amonats to 6c paid+uider
<br /> :•rf;���,�� this paragrsph.If Borrower m a k e s�payments d i r e c t lY.8 c s s r�a+�r s b a U p r o m p d y f u m i s h�i n�.e m d e r�c e i p t s e v i d e n c i n g�h e
<br /> �� paymenss.:_ . . . .__._ -
<br /> .2 di. e any lien ur*�s has over this 5ecurity Insaumeat untess�.�a4ver.(a)a�es ,;..�. � '.
<br />_,;� . . Bormwer s6aU Fr�'Y s��8 ��?� , •L��;.;
<br />;�:., , � . in wrldng m the pay�e�:che obii�ztion secnrod�s��tien��.mauuer�le to Lender:(b?co�sts�'�d faith the ;�.� ,.,��:
<br />;�'�- Is�by:at.defends aga:c�3 enfo�of the lien•in.legal pzr,�e:i�,gs�w�ic�.�t$e Lender's opinion 4c�eueni the '�
<br />' • ' :.-;�t of ti�lien:or(c)secai�.s fcnGn the holder of the G��;��saasfactory ro Lender sub�i��T��ixen m ,;�;�r,�
<br /> . �� ' , _ . •
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<br /> . . ;. �s Secu�iy�Instmneeut.If I.ender detemnaes that�,ny part of dx� ..: cs sai�lect w a Ueee wlaich may� a��t aver „....
<br /> , �. ' --�,
<br /> - i�»s Secatity Insaum4ut.LenQer may give Borrower a�dce idena�:ng ii�lu�n.Borrower sbait sausFy the�af fake one or
<br />.',�';: ..,� ' . mose of the actions set farth above witiun 10 days af the giving of notice. ,i , � ''�
<br /> .. S. �rd or property Iasurance.Borrower shall keep�e improvements now existing or hereafter erected oa the ...:��
<br />.. . propezcy insu=pd against loss by fire.harards included within_the te�m"extended covelage"and any oth6r hazards.includiug .� �_`� :�;�,'�'--_
<br /> �. •�:,�:;;; flaods oa�o,odiag.for wliich Lender requi�s iasvrance.This insurence shall be mainraiaed ia•the araounts and for the geriads , . ���.�.:
<br /> thac Lender requires.The insvrance carrier pmvidiag the im�uance svall be chosen by Borin�.rr�r subjea to Leader's appmval —
<br />'_��.�_� ' whicb shall not be unreasonably whhheld. If Boirower fails co waintain coverage descn'bed above, Leaa�ttet.snaY.at I.ender's __
<br /> � , opaon,obtain coverage a�a protect Lender's rights in the Property in accordanfle�vith paiaSraFb 7. • �
<br /> , `� All insurance policies and reaewals shall 6e acweptable w Le�der and s�3[tactude a standarQ tuo��c'clause.Leader
<br /> � �F!::;:;.°• si�aU hsve the righe co hoid che policies and reaswals.If Leader craqaires.Boirower shail pnnmptly give�o�E ez�e��I1 rece�pts , +�.�'�'�''
<br /> � � � � � of paid premiums and renewal noric�s:In the e'vent of loss;Bareueuer shall give prompt aotice to the insu.*���� - t�____
<br /> . �'`�; Lender.I.ender may make proof of loss if not made pmmpdy by Boirower. � .� � �..�:
<br /> • Unless Lender and Borrower othenyise a�c+e�aa writiAg.insvrance proceeds shall be applied to res����of
<br /> the propeny damaged. if the restoration or repa.ac is econoffically.feasible and Lender's security is �mz.Eess� t8'the , , .�
<br /> . �• restoradon or repair is not econamicaUy feasible ur Lender's�..:.cunry would be Ie�sened. the instuauce.p�e�s�,be �
<br />- ' � applied to the sums secuced by this Security Instmment, w�'a�r or not then due. witiu any excess paid to BoC:�� If .. ' ' °; Y.•.
<br /> ' r����' � Borrower�6randons the Property.or does not answer witlun 3��days a notice from Lendec that the ia�rance carrizr�as -,;.
<br /> � � offered ta settle a claim.then 1-ender may collect the iacurance pincceds.Ixnder may uss the pax�eds to cepvr or restore the
<br /> :;_ . PcoPei'[�+ot to pay sum�secured by this Secuiiry Iu.rm�men�whether or not then due.'I�e 30-0ay gep.��}.begin when the . .
<br /> �- . � �' aodce is given.
<br /> k ' UNess I.ender and Botrower athenvise agee in wridn8� anY aPplicatidn of prooeeds��pinscl�A!�shbtl�at exieud or . ._. .
<br />; � . postpone the due date of the mon�Ig�payments refeaed to in psuagraPha 1 and 2 or cbAage�h�:aawunt�t�e paycaents. If ..
<br /> ' . . under parag�aPh 21 the Pcoperty is ao�uiced by Lender.Borrowei s right to aay ia5uianoz FpT'icles and praase4s re5vltinS from �
<br /> _ damage to the Praperty pdor to the acquisiaon siiall pass to I.ender to the extant�o�•t�� sums sawa��Q-t�y this Security
<br /> � • Instnmient immediately prior to the acquisidon. _� .� � .
<br /> 6. Occupaacy. PeeserraHoai, Maitttemmm�oa and proteriton af t2,� �pera�y.�oerow2r'�� II�m� ��y;. �.. : .
<br /> • ' Leasehold9.Borrower shall occupy�cs�blish.arid use th�Prupeaty as�or�ower's prenc pn1 trsssid�taoewE:�ia sixty.3a�+js�r , .
<br /> � �n;�:;;:� ` the execuaon uf this Secerity Inst�•nt and sha}I cundnvr t�aoc��u`�e Ptaperty as�oriovlECSSt pr3�c=�:��aar�:�Gt . - • � ..
<br /> • " least one year after the date of occupsncy.UD1e5S 1.eAdei OIIIER9'/7St 1gR�vS III WSSZl1$.w�'rab con�eni sAZll•�.et be t;a�.�,�x3ty �� .
<br /> ' withheld.or unless exrennating circumstances ezisi whlch are beyand BorrV�e�n:r�contml.Botrower s2t2i1.�:ac destmy.damaSe `-
<br /> ' � or impair the Properry.altow the Property to decerao�atB.or commit waste oa.e�Property.Bonower s�ibe in defaWt if a�ty • . � ..
<br />, ; forfeiture action ur pmceeding. wflether civil or criminal. is begun tbat in Lender's goad faith jud�i could res�ilt in • ..
<br /> ' forfeituit of the Propeny or otherwiae mAterialiy impair the lien created by tBis Secur� tnSaument or Lender's secvrity _ �- �-
<br /> � interest.Borrower may cure such a defaWr and re�astate.as pmvided in paragraph 18.by cz�.ssing the acaon or pmceeding to . '. ,. . .
<br /> be di�L�sed with a niling that.in Lender's gaad falth deteiminadon.precludes farfeiture of the.Borrower's interest in the
<br />_: s Pcoperty or other marerial impaiiment of the lien createcl by.thls Seeuriry Iasuument or Lendec's s�t anterest. Bormwer f ,
<br />_�, . � sba11 atso be in defaWt if Borrower. d�uing the toan application�ptucess.gave materially false er£�.�^�ate infoanation or � � . �
<br /> statements to Lender(or failed to provide Lender with any m�te'ra1 Infocma6on)in coaaection s�uit r��.,~a�s evidett�d Sy the
<br />=- � . � Note.includius.but uot IitnIted to,nspr�sentations concerning��aawer's occupancy of c��'c`rtc�c�y as a principai n�i�xaee• • .
<br />- . , If tvis Sacurity[nstnunent is on a[easehold.Borrower shal!comply with all the provisio�s�+i tHe lease. If Borrocv�r acm:res
<br /> fee dUe to the Propetry.the teasehoW and the fee[ide shall not merge unless l..ender a�rees to the merges ia writing.
<br /> - {11E�$ASKA•fimatc Pamiiy Page 2 uf�3 Fotm 3028 9-90 �
<br />`'!�;.. � • Fahnie MadFcoJdie diac IINIFORM iN51RUMBN'P (11-95)JS-�2308-4Z ,
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