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<br /> � BOtrowt7fs o9erow eceount u+ider the tadera�R8a1 Estate Setttement Procadures Act o} 1974 es amended from Nme to Wn�.12 US.C.
<br />' .. . `. 2&Ot et seq.("F�SPA'3.uo�ss ae�otNer tiw tnat apP'.ies lo the Funds ssts a lesse►amaunt. It so.Lender may.at any time.co¢sct and c.-".,``
<br />� � • "'� Ao(d iunds ht tin nmouni n0t to excead t�e Iesser amount. ten�ar may estim�te ine amaunt ot 1un4s due on tl�e tracts of eurtent Qate
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<br /> V � en0 reasonab�o9laiwtes o1 eapentlRures o!tuture Eserow Items or atherwtse in aeeordance with eppBeabl�taw.
<br /> � rno Funds anan De hard in 8n instduti0n whose Qeposits are insure0 by a faderal agency, u►sWmente�itl►. ar entiry (IrtCddirtg
<br /> .. ` Lende►. 8 L4tnder U suCh an i!rstituti0n�or in any Fedarfll Home loan 83nt�. lender st+all eppry the Funds to pay the Escrow I�irt� `'(_
<br /> (�,�� �4ndet m3y nOt eh8tgs Bortower for hotding end apptytrug the Funds,unnua�y enarysin8 the escmw aceount,ar verJYin9 Ms Esetorl� ,,.`.,•�,•
<br /> �`• :�; , . � . ttem�.unPos9 Lendot Pay9 Borrower tntsrest on the Funds and apPlieab's t3w permits Le"dar to make such e charge. Howevsr.iendet� .�S •
<br /> , may tequfro Borrov�er to pay e an�ttme ohar8e tar an §�dependeat rea!estate tax repoRing serv�ce used by lsndas tn connc�cHon wRh"'
<br /> � thts toan.untass aPptiCabte i3w pravides olhenv(se. Unfess an agreement ts made or applicaBte law requiBS intecest to be patd.LenQet�e�
<br /> _�.�,r-��I; Sh80 no1 de requ6'ed to pay Borrower eny intetest ar eamtngs on the funds. Borrawe►and Lender may 8gree in wr�htg,haw8ver,thet_`' � ; "
<br /> ���. ,:4�:f.. interest sAaU be pald on the Wrtds. Lender sna6 give ta 8ormwer. witlsout cnarge, en an�ua�eccounting ot tne FunQs, shavru�g�
<br /> Cred�s and Qebiis to the Funds and thg purposa for wh�ch each Cebit to the Funds wds ma�Je- The Funds ere pleEged 88 aQd1Ua 1��
<br /> � ; geCUnTy tor ell Sums secured by tRis SeCUrify InStrument - `-
<br /> �. . . If the Funds held by Lendar erceed the amounts pertnitteE to be held by aApiicabte Iaw,Lender shaU aceouni W 8orrawer tor the ,._
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<br /> 4 f • ' excess Funds�n acCOr�nce wNA thg reQuirement3 of 9pplieebfe►aw. It the emount of the Funds AeIQ by Lender at arry tUtte ts not -
<br /> - sufttcl�t fa pay Me Esccow items when due.Lender maY so notUy Horcower'a� wrding,and,in such case 8ortower Shall p8y to tertder �•,�
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<br /> . .(:,,�'� . .: � tne amnunt neeessary ta make t�the deficiancy.Borrower 58all make up the deficiency in no mare than twef+re manMy paymenLS,at .`. ,,k`
<br /> Lendefs sole dlsaeNon. "`'`�'
<br /> - ' UAOn payment 6►fuU ot a0 sums secured by Mis Secur�y insbrument.4endet SAaD prompty�efund to 8orrower enY FunQa hei4 by �' .•
<br /> - � Lender. If,under paragraph 2t.Lender sAaU acqutre or seU the Property.Lender.Prior to the acquisiNon er sale af ths ProDerty.ShaD .s:+'..
<br /> '.-` ' '-�''= appry any Funds betd by L.ender at the Cm+e o1 ecquis'�thn or sete as a cred�t aga6�st the sums secured by tAis Security Instn�ment _. .
<br /> . 3. Appltcation of Pa�nents. Untess appGCabte law provides otherwise,all payments cecetved by Lender iutQet para9raph5
<br /> � 1 and 2 shaU tre appLsd:5�s2.':�y prepaYme+�t tharges due under the Nots:second,to amounts payahte under para9raDh $u►Ud
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<br /> to rt�terest due:four@r,;'��ro(s��+e;end►ast,to any tate chargas Cue under the Note. ,
<br /> -r i�.,;�-.•.:,,. ;,4. C�$QS:LsEi1S. ��rovrer shaII pay aU taxes. assessments, aharg�, Mes and "vnpoSrtlonS.aC�utable t0 th9 P(o�mn�,a € �:=y:
<br /> � � rr,`:cf: r.cay attair►pdority o+rer tts`s�ecur3yr Instrument,end leasenotd payme�et ground sents. it a»y- Barower s.`�2���`.�ss9 .:, �. ; ;,.,<<_;
<br /> _ dtllt�tit�ns U►the manrter provide�yr-�9ragreph�or if not paid�+that manner.9orrower sha,�C.•3Y them on tim.e dUeCtry t`ce tl5ro�Brsun ��::.�;�.--
<br /> • °.� . • oac��psyment 8orcower shall pro?�tty lumisA to Lender a0 notices ot emounts to be paid�ff�th3s parag�aDfi. (f BOsram3�makes _
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<br /> tAgse O�ents direCtry.8armwer shBQ promptly tumLsh to LenQer receiDts avideneing tl�e pay�nts• `��i`�
<br /> Bormwer shad prompty dtscharge any 8en wh1eA has PrIoMY ave►this Securry Insuument unlass Bocrcu�{a}agae9S in vvrdln8 to •'. ` .
<br /> ttm�ayment ot the obl'�getton sea�d by the Gen in a manner aceeptabte to lender.(4)conte�ts in good faitb the Gen by.or dBTends :r i�:
<br /> ;r b� � ` �a�C�antor�ement ot Me Gen Lrt;:k�1 praceedings whicA in th.e C.e rt O a ts opin ion ope►a te ta p-+�c a n t t h e e n t a r c e m e n t Of t he f�r.Or(e)
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<br /> -,��;I��: ,�:_r�•�:�.•+ serru�Uam Me hotQer af d*�'fr�r.�en agreement saUstactory ta,�Lertder subardmating ths Ga�to tAts Becurny tnsOrumeRt �d.E-LenQer -
<br /> •�7' •' ;f Qetertnmes that ar.����.E'�1��`ra�',,-riY is subject W a Ifen a'tact►may attain prior7ty aver this SeCUrih► �nstrutrtent,LertQer ctiay give r• __-
<br /> ;� BOttower B notke iS�rR�.`irtg:"r2►iaro- 8otrowe{shaR 5ati5ty the fien or take one or mOre Of the acNons Set Porth above wdtlic! 10 dAAy18 ��� __
<br /> . . �.,. "�'v� of cne gtvu�g ot notiee. � m
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<br /> •.��s _ $. Hazazd o� Property Insurance. Bortowei shatl keep the improvements naw extsting ot he�eaftet ereCted on tlf9 __ _
<br /> � � '�. Property tnsured against toss by fire.Aarards inctuCed within tne term"extended soverage'and any otner ha:ards,incfadtng 4toods or
<br /> —_-_— - - n,���t��,.,��� P,,,��� (��ranes� m�s ingurAnce shaU be mau►tamed 'm tire amounts end tpr the�pedods tha!tender,
<br /> �-�:� requfr�es. TUe insurance cante�provlGmg me u�surance sHaB be ct�asen Ly Borrouar a�ject tc Lca?�'S IID�OY31 YJ1fI�',A Sh3�RCL D° �-_
<br /> . �� � � � unceasonahy w8hhetd. !f 9onower ta�ts to matntain coverage Qescr�ed.above.LeRder may,at Lenders opdon,obtein cov¢mgs to __ __
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<br />- . ' prptect I,gttders tights ht tAe PropE�Ry in BcCOrQance wilA paragraph T. `°_
<br /> � ' AU(nsuranae poticles and renewats ShaU be acceptabte to Lender and shall tneh,de�e standard mortgage ctause. Lendar shall�ave _
<br /> `"'�� �.� `'� '� the r1gAt to Aotd the polictes sed renewats. If LenQer requhes. Borrower shaD prompty glue to Lender eD recotyta of patd premkims ,.
<br /> � , ..-.,r�.:
<br />- . � • �, and renewal notkes. In tA9 event ot Ioss. Bortower shaR give prompt notice to the insurance carr+er and�Lendet Lender may make -
<br /> . ;';� proof of loss it not made promptly by Borrower• • _.-
<br /> ... ' ' Untess lende►ana Borrawer o*.herwise agtee e�vrrtting,o�surance proceeds shall be appGed to te5toration ar tepair o!Ms PrapeAy �
<br /> �' demagpC. d the testoration or rtg5,t s eeonomicany feasmie end LenQers seCUrity IS not�e55en80. B the reStOraUOn qr tepa�fs not _
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<br /> eeonomicalry teas�ta or Lender's ss�eurityr woutd 08 lessened,the �nsuranea proceeds snaU be apAGed ta t�e sums secured by thb �
<br /> � , , • ;,,f.�,� ,Security Inswmenk �ether�or not then 0ue,•whh any excess paid to Bona�ver. If @artower abandoos tAe PropeRy. or does not _ �
<br /> `=_
<br /> -� .,�. •.' �: • ertsvrer vrRhln 30 Qays e notks from Lender thet tfte insurance Carrier has oHered to serile a ctalm, lhen LenQer may coIIect Ne __
<br /> � msuisnce procesds. Lender msy. usa the proceeds to repuic or restore tne ProOeRy or to pay sums seCUreO by th)s Sest�dY F��`
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<br /> � ,i' �n,,^Itu�OnQ wheiher or not then duta The 30�day pedod will be{�rt when the notiCe IS given. �
<br /> • 4�nless Lender and Borraarer othervuise a�ee� writin9.e�Y eDDiicatlon of procesds to principal shall not extenQ or pos�ane th0 � ,.,
<br /> � � �e date ot the mantAry paymarUS�eierced to in paragraph9 1 and 2 or cAange the amount o1 the payments. If uncfer parflgrapA 21 a :•:
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<br />" . i ttte�ropeRy js eoQuired by Lender,Borrower's rigAt to any msurance pot;Cles and proceeds resutting from Qamage W the Prop�ty prior
<br /> ' •j; to the flcquisftian shafl pass r.o �ender to the extent of the sums secured by this Se�ur4y fnsCUment Bnrrtedtatety pdor to the �":�=
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<br /> - � � • . aCCUi is�ton. ,. .._..
<br /> 6. Occupancy, PreservaUon, Maintenance and Protection of 14�e Property; Borrower's L.oan
<br /> �' � . IYC8ti0�• Leasehotds. Borrower snaU occupy.estab�sh,and use the ProDerty as 8ortowefs pfmc�al reslQence within s6Ry �, ':._
<br /> • . days aRer the ezecutron ot thi5 Security fnsuumeM an0 shan conto�ue to occupy Me P�oDertY os Bortovre�'s pfutc►pal resiCenca for at _ _
<br /> - ° • Ieast one year after the dafe ot occupancy. unless Lender othemise agrees in writing, whlch consent sha0 not b9 unre85on8bty
<br /> `' ' wAhhe�O.or un�ss extenuat�g c�CUmstances exist wnkn are beyon0 Borrowets conual. BoROwer shatl not desUOy,Qam�g9 ar tmpab
<br /> � . �� the Prope�ty.a¢o�v tne ProD�Y ro deteriorate,or comma waste on the Property. 8orrower sha0 be in QetriuU d any fortaBure aetton m
<br /> _ . � proceedmg,whe�'�civ�ar crlm�ab 5 begun that in Lender's good taRh judgmenf coutd resutl in forte'dure o1 the PropeRy or oNerv�isa �
<br /> - matBriatty Unpab tha tian aeated by th�s Security InsWment or Lenaefs securiry a�terest. Bortowar may wre SuCA 9 d81auQ an0
<br /> " Be�state,as provid80 in p8r89raAA 18.Oy CauSing the actlon or proceedmg to be dismissed with e nrfu�g 1Piat. in Lendet's good ta�b
<br /> detertnc�atlon. prectudes forte�ura of the Bortower's interest in tns Property or other mattlrt�! imPacment ot thA Gen ereatsd Oy Ulis
<br />_" � � Securityr mstrumem ar Lenders security interest. �onower snatl atso be in Cefautt d Barmwer, durng the toan aDpt�atlan procese.
<br />;�.-'=—. gar� materiaa(ty fa�e or �rtaCCUrate mtortnatron or stateme��ts tu Lender (or fa�atl to provida Lendar vrAA a�y materi3! §�tamAaibn)a� -
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<br /> , eonaeetion r�tih tha tean eviEeneeO by the Note,inetud:ng. but not lirtited to,representations coneem�g Hutmwefs aecupBnCy of the
<br /> • . . • ProQerty as e prittt�al residenee. ►f this Security Instniment is cn a teasahold.Bartower shan eomply w�etl the provisi0ns of the
<br /> �as9. N BOrrovrer aCQuceS te9 tRte t0 the Rroperty.the teasehotd end the te9 tRla Sha�not merga unteSS th9 Le�dOr 8qree8 to the
<br /> -- � merger a�writmg. cc��,+�oza oroo :
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