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<br /> . ., ' TO�EiH�i VItRH a� the impmvements now or hereaftet �aded on the proP�ll•and all easemenis. eFDurtenances.and _
<br /> <.:�., ` ,' , fuRures now or Aereafta a paR o1 the property.Aii►�eAta�'nents and eddiUons shall also be covered by tAis SeairitY mstrumenL
<br /> ' AU of tAe torego i ng i s�eferred to fn thts SeeuritY Instrumen!as the'ProPertf►�� `
<br /> . `` BOAROW6� COVENAMS that Borrower ts tawNByt seaed of th t es�te�A ran�s ot�iecard. Borrower�warran�d� ,: �,4_-:�
<br /> . ` ``• '' c o n v e y tl►e P r o p e rt y and that tAe ProperiY is unenc�mbered. m�cept ' .
<br /> deirrd qeneraQy the titte ta the Praperty against a0 G a i m s en d d a n a rt d s,s u b l e e t t o a n y l e n e u m hranoes af reeord.
<br /> � THIS SECURf1Y INSiRUMENT comDines unHarm covena�rts tor naUonai use and na�wndortn covenaMs wdh Gmited ..
<br /> . variattons bN Iudsdtdino tc aonstiwte a uNtorm securit}I 4►sUument covednng real PmP�Y• , . .
<br /> UNIFORM COVENAI�iTB. Bortower and Lenda eoyenant end a�ee as to4ows: a when ��:: .�. �....
<br /> ` �.: 1.Psymen4 ot Prtnctpat�nd tnRerea4; Prepaymec�4 and Late Charges.eorrower shaQ P��►�PUl►D Y _
<br /> < w •n„' due�►e princ3pal of and itrterest on the Qebt evtdeneed 6y the Note and any P�PaYm�t and Iate charges due under the Note. .
<br /> 2.Funds 4or Teu�e�nd Insurance.Subjeat to epPfirdble law ar to a wrkten waiver by Lender.Bortowa sha�paY _
<br /> . � . � to L.ender on the day morrthy paymerrts are due under the Note,unL7 the Note Is patd in fu0.a sum ('Funds')�r taeaseho d .
<br /> :r-.-r r`` over this Securih► Instrument as a lien on the ProP�Y lb)Y�Y
<br /> taxes end assessments whtch may atlain PfiaritY ha�rd ar properry ins�uanee premiuma: (�Y�N ftood insurance ,�-,
<br /> payments or�ound rents oo the Prope�ty.ii any: (c)YPartY te Borrower m Lend�in accordance - -
<br /> . - ' premiums.H eny. (e)YearlY ma�ga98�surance premtums,H er►Y end (�erry sums PeYab bY ,
<br /> ` . with !Ae provfsions ot parag►apfi B. in tteu o1 the payment ot mortgage insurance premiums. These itens a�e c�ed '��Ow k' '•i.
<br /> ' n��• �d��y. � �y �im� cpQeet and Aold FunQs in an amount not to exceed the maximum amount a tender tor a
<br /> � �. � teQeraQy retated mort�ge Iean maY nequi�e tor BMOwer's escrow aceaur►t under the federal Real Estade Setll�nent Procedures -,
<br /> ` , Ad oi t9�4 ����o. Lender maY•at y tlma colled end hot�Funds�in an amourtt ot to exceed the tesser amaunt ----
<br /> ., ± sets e lesser
<br /> , Lender rnay esthnate Ne amount of Funds due an th e�'s of airrent dafa and reasonable estimates o1 e�eidR�ues of tu4�re -
<br /> . Esww Items or oth�wise in aceordence witb e9Pdeab a tedera!ag�ey.instrume�tY. �1l(���►9 --.
<br /> or ,
<br /> . . . ' The Funds shall he held in en instr'Mion whose deposits aie 6nsured bll the Funds to pay the Es�aw • ��._�•.
<br /> • . `',s Lender. if Lender Is sueh an inst�tdan)or in arry Fedeitt Home I.oan Bank Lender shrJi aPAfy►
<br /> e t the escrow aaouni.or ver�SJ�3
<br /> t�a ns.Lend�maY nat eharge Botrower icr hot�ng end aPP�9�e Funds,annuaDy anatyzin9
<br /> >°�° � Bortower tntc�est on the Fuads and appGcabte Iaw permits L�der to maSce sucA a .`�. "'
<br /> : • < `�;s the Escrow Itens. �mtess Lender Palfs a oneflme eharge tor an independ�t reat eshate tax t�aRIng servIce ,.. .';
<br /> . ,.. ..�<"�� eharga Howaver. lender maY requUe Bortowe►to PaY eryt� made or
<br /> :.,a used by Lender in connectlon w�h this toan. unless aPP�CCabie taw provldes othervdse. Untess an a�eem cn�e Funda ��• :
<br /> . `.� aPD4cebfe Iaw requhes trtterest to be paid LenQer shaD not be requhed to pay Bomawer anft interest or eamNgs ��otrower. � ,_
<br /> ' ' Botrower and Lender may agree in wrfting. tenwever,that int�est shaU be pald on the Funds. Lender shaU give —
<br /> . ._ vrithout chanle,an annual eccouMtng of the Eunds.showing aedlts and debds�tosumsFsewred by tha Se��$y�instnm►e�. --
<br /> -- ----- <•.:=:; deb�to tt►e Wnds vras made. 'fhe Funds a�Pted�3ed as addtionaf sea+�ItY
<br /> ' � It the Funds hdd by I.ender exceed the amoimts pertnitted to be hetd by app6cabfe law.Lender shaD r�rnu�to Bortower
<br /> tor the excess.Eunds in aaoManca w3tt�the requhements of eppfieabie taw.ti 4he amoimt of tRe Funds hdd fr,F L��+��y .5: y;
<br /> , , .,��� time Is not s�ciHdert to pay the Esrnaw Itans whan du��eflden�.s Borrower sfiaD make up U�ie defld n��o�an . �F:,�
<br /> ".�. -.;:�-s.� sha0 p a y to Lender the emourrt necessery t rtiake�P ..H.. �
<br /> MreHa monthly DaYm�s.at Lender's sole�s c r e H a n. refimd to Borrower mry funds
<br />: . . Upan DaY�'�en1 in tuD ot aD sums secured Dy tfiis Seairtt�/Mstrumen�.Lender�der,pdma 1 to tlie acquts�iOn er_saie of the -
<br /> ' � _�..:�` held Ey lender. B.unda�arayaph 21.Lender shaU aequire or seil!he Ptoperty. . _
<br /> ' - Propaty.shaU aPPN enY F,mds held by Lender at the Ume of acquisidon or sale as a aedit agab►st the sums s�su=d by thts ./
<br /> SBCUrily Instcumern. ' '"'.
<br /> . � • g, pppllt�ti0t0 Of PBymeM9. Untess aDDQeabte �P�� °md�e Nate:seeo�nd.to ame urds payabte und� `'.:. �-.-
<br /> ' " - ' para9raPhs 1 and 2 sAaO 6e ayDGed: ftrst,to anY D��� . . �
<br /> . . ' . paragraph x thitd.to iriterest due:tourth.to PdnclAal due:and last.to�1l�e charges due under the Hote. :•�'
<br /> . �,'�: 4. CbSt$ee� LtBnS. Bortowor shaD pay a0 texes. assessments. charges� ftnes end Mposfhons at�ir�7te to the '.,��.. :,,
<br /> p�oPeltY which maY a�h�P��I►over thls Sea�►�nstrumeM,and teasehotd PaYments or�oun0 rent9.if enY- ,�w�shaU � „-
<br /> , _-�_�— p s y these ob�g a tlons in the manner provtded in Paragapb 2.or tt not paid in that mannel. Borrawer shaR pa��ti;em on time �
<br /> • dtredly to the person owed paymen� Bor�ower s h a B P�u+��t�r.�h t� l e n d e r a�m n o 8 c e so�Lender reeetpts evlQen 9 the ;,;,�^'__
<br /> er�s direcHy, Borrower sha0 promptty en
<br /> . , , . paragraph. H Bortower rnakes these payn► ° ..
<br /> ;payments. '�"., '"
<br /> � gortower shafl promDBY disefiarge any lien which has pdor(ty over this SecuritY tnstrument uniesa Borrower: (a)a�ees tn
<br /> " � w�ting to the payment of the ob�gatton seeured by tha�en in a cn�nes�e����e Lender's pinionnop�eratP��p��e � '
<br /> ,'.`t;:;'. . '�� Qen by. w defertds agNnst enforcement oi the Qen trt. 'r�t proeeeEfngs the pen to �•�^ `'
<br /> • � �r eMoreement ot the Aen:or(c)aecures from the holder'ef the ilen an agreement saUsfactory to Lenda subord�tl7;� �,�w:-.--
<br /> � � , ., . •`/,:< 01 the Prop.'•stY Is sublect to a Qen which maY at� 0��!►over thts E�F±:�
<br /> thts Sec�ritlf Insbumerri.H Lender detertnlnes that any PaR E�_,-=�.:�
<br /> ,'',�.� '� .::r�;,`;���: e Borrowet e noUee Idecrtityln9 tf��li�.Bortower aha0 saUsN the Ven or tak+a ane or more of �,.,L_
<br /> :::•.,F. Seanit�►t�trumen�t.e+rder may gl+� af the givUt9 '
<br /> '. ,,�..r,, ;'. e,;�ns,' otnoUce. �
<br /> ' :,lt.� . .:;.,,�;:s the actions set tonh above within 10 days
<br /> •,i;t`� .. 5. HevAtd Or PropBrty In8ur3nco.9orrower sha0 keeP!he ImProv�nerta now existirtg cr hereaft,�ec-r�Qd on tAe _,.;,;�_
<br /> •' , �•': praperly(rtsured againsl Ioss by Bre. haZa�ds ine�uded w(thln the term 'extended coverage' and any ether ho�utd�.fic�uding --�
<br /> �� floods or floo�ng.tor which Lender�equtres Nsurance. This insurance shatl be mainmined in tha emoutrts aRCt ta�the perioQs �r�,_. :�
<br /> • '.. . •._`�:'�' that Lender requhes. The insuranee canter provlding the insurance sha0 be chosen 6y Bortower esu�lect to Si�Qer's approva� __ -
<br /> , . �•l„��(�:��� wAIcA aha0 noi be unreasonebly withheld. H Borrower te�s to mairrtein caverage Qesaibed r,6av� L�nder maY• at Lender's
<br /> in axcrdance uvfth para�aPh T. �
<br /> � �. ; ��",f'�� opUon,obtain eoverage to proteet LendePs dghts in the Properly e clanse. lsnder
<br />_ . . , ,.�,:,:.,; iUl insurance poRcies and renewals shaJ be acurambte to Lender artd shaA trtciude a sKat�d�fe rt�g�����p��
<br /> '��;;:;� s�aii have the Bgt�t to hotd the policies and tenewa� ig Lender requires.Borrow*t ct�aD promPtM S�
<br /> '�;���,�,;:.,±;�;�. pald P�Jaims and�enewal notices. In the everrt ot[ccs.8ortower shatl gh►e Dror.:�t aoUee to the irtsurance�ler and Lender . .
<br /> • . "•},%'.t'?:. l�der r.:��mefce pioot of loss H not made ptompty by�Bocrower. . ..
<br />- .�. ia�,,,� . .
<br /> ,:v�, Un�ss Lender and Bortower otherwise a�ee M miting.Nsur�*.��roceeds shall ba aPAned ta ccstoratt6n or repair o11he
<br /> .. . . properiy damaged,H the r�toraUon or repalr is ewnamieaRY feas��e and Lender's secutity is rtqti T�sened H tAe restoratton or
<br /> �_ , � repait is not economiceDy teas�b►e or Lender's security va�u�d be lessened.the insurrsnce proeeeds �t,at1 be sp�Ded to the sums
<br /> ' secured by this SecudtY tnsdument,whether or not then due. with anY excess Baid to 8ortower. U Bortmver abandona the
<br /> • . � prcperty, or does not answer wrihln 30 days a notice trom lender that the insur���o eartier has oHered to sc�o a cteim.then
<br /> . Lender may eaUect the insurance proceeds. Lender may use the�✓.oceed�od�eor �en t'LO noUce is gNen� �y sums
<br /> secu*ed by this Secu�ity�nstrumen�whether or not then due. The�May p 9�
<br />- . • Untess lender and Bortower othemrlse agree in +nrtiting. 8�� aPph�o�d 2por ch ge tRa amount of the pa�yments.8
<br /> postpone the Que date o!the monthry paymerts reterted to 6n para�ap
<br />_ . Mdg p��ph 21 the propeAy is acquired by lender. BortowePa dgiri to any a�surance poIl�des end proeeeds tesutting iram
<br /> � � - �, damage to the Properry prtor to the acqutsiUon shaD pass to lende►to the e�Rent o1 the sums by thl� Seafrty Instrument .
<br /> ' immediately pdor to the acquisi�on. • '
<br /> - -- - -- e. Occupancla Pressn�atton, Matntenance and Protectlon ot tho Prc�erty; 8o*rowor'e Loan ,. _
<br /> _ � APp11684i0i1: Le�tsOho�d9.Bortower shall occupy. estabOsh. and use the Ptopelty as Bortcwefs pdndpal residenca wiit�In .
<br /> • ' . -� Spny days after the executlon o1 thts Sea+rity �nstlumeM and shaSl contlnue to occupy the P4'operty as Bortower's principel
<br /> ' � residenee for et least one year after ffie date ot oceupencY.unless lender othernise a�ees in wriUng.whicA consent shait not
<br /> � Ce unreasonabty withheld. or untess extenuatfig circurtistances exlst whicn are beyrond Borrower's conUol. Bortower sAa�not
<br /> • . � Qp,sVUy,damage or impa3r the Properiy. allov+the P+roperty to deteriorate.or eommit waste on the Roperry.Bortower sha'1 be In �
<br /> detaufl i1 eny tatefture acDOn or proceed'ir�g, whether civ7 or cdminal.1s begun thai in Lenders good tadh Judcynent could tesutt
<br /> in faAeEture o1 the Property or othenvise matedally imAalr the Gen created by this SecuritY�nstrument or Lender's sewriry intetest
<br /> a' � .
<br /> ' . ,_� �age 2 0}5 �� � .
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