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<br /> , TOG..�fK�i W�TFI a0 the hnproremerts now or heze�ter erected on ths proyeriy. and s0 easements, urtm�ances. end _�,
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<br /> � .: ;:`, ...,:,.;.. 8�tres Raw or hereafter e part of tAe pmyeRy.6i0 reptacemenb e�d adddlons shafl atso be covered by this ecudty InstnnneM. � r
<br /> ti:.` . AA of the faregoing is reterted to 6�lhl�S�c�y[nstrutnent as tha'Rroperty.' :'�`
<br /> . .::,F,, ' BORROW6i COVEiVA[�FTB that Bcrrower is t�vAuHY s�sed cf the estate h�eby corneyed and has the dght to �ant end ,
<br /> comrey the Ropetry end ihat the Propertyr 1s ua�namheced.eiceeAt tor�nnaimbranees cf record. Banower wananis end+rriu -
<br /> . ,: �� 4„4'F 8eiend generaIly the t�te to tRe Properiy aga�st afi da`rtes asd dcvrands.su4ject to a►ry en�uubrances o1 recocd.
<br /> e¢nd
<br /> • 1H(S S�£CUAiTY tNSTRUMEM eomaines unifortn eavenarrts t�r national use aad noraunifortn eavenants with G�nited
<br /> . .' . � � varfattons by judsdicUcn to constth�a�mfform ser.urilyr instrument eo�g cesl prapeEy. �
<br /> . UNIFORM COUENAS�ITS. 8orrower and Lender covenant enQ agree es foQows: �.-
<br /> � - i.��ymerat o!P►tncig�al and Inter�s�P�epaymQn4 and la4a Chacr�ges. eorrawe�snan prompuy pay wnen
<br /> ` ' �e the pr4ecigal of and tnterest on tAe deht eYid�ced by the Note and azry P���d late ehazges�e under the Nate.
<br />�, •� 2. Funds ioa T�cea and Insu�nce. S�Ieet to appQcanle iaw or t�a wrttten wai+r�by�ender.Bortovre►shaD pay r
<br /> � ��`� to Lender on the day motdhty Paymerts are due und�the Note. unL7 ihe Note ts paid in fuil,a sum �'funds'►for. (a)yea►ty �r�...',
<br /> _��,-�'"�,',.�...-�.� taxes and assessments wtstch may attaln prlor�y orer tAis Seeutity Instrument as e tic-n on tfie ProperiY (b)Y�11 leasehotd � . .
<br /> .° payments or�uwd r�►ts on the Frop�ry. �any: fo) YeariY hamr+d or P�P�Y��nts�: (e�Ye�iY @ood inswanoe
<br /> �.:
<br /> • P����Y•(e)Y��Y moRgage insurance psemNrtbs.if at�y.and (Q any sums payabtp by Bortower to Lender tn acxordance
<br /> � w8h the pravfstons of paragraph 6,in Heu of the paymer►t ot mortgape insuranee premiums. Thesa Hems are rafted 'Esaow ,
<br /> `. . Itans,' l�der may, at any time,eolled end hold Funds tn an t;mount not to exceed the ma�dm�tm amaunt e lender tor a
<br /> , . ' '�. tede�atly re�ated moRgaga[oan may cequire tor Hartaw�'s esrrow aecaw�i under the tederai Resl Eshate Settlement Procedures __
<br /> Ad ot t974 as amended tram time to Uma t2 U.S.C.�2501 et seq. ('RE3PA'). uniess a�rother�w tt�at appGas to the Funds . .
<br /> - , � °�f 8@ i S II 18S5�8l�OU fl 1. It so.Lend�m a y t.at an y time coQeet and hoW Funds In an amount not ta exceed the tesser amouni
<br /> I.ettder msy estlmafe the emouM of Funds due on the 6asts of a�nt dam and reasonable estirnates o1 e�s��wres of NWre
<br /> " .� Escow�ns or othetwtse tn accardante wlth appt[cabie law. .
<br /> . • The Funds sha0 be hdd tn an instfi�tion whose Qepos�Zs ana insu�ed by a tederaf ageney,tnstrurt�mfig►,ar errtHy(tndud'ing
<br /> � .- Lender, ff L.ender[s such an tnstiUAion)or in any fedetal Itoms Loan Bank Lend� sha0 apPh the Furtds to pay the Esaow -
<br /> � ' [tert►s.Lend�may nat charge Borrower tor hofdtng end ePP�9 fhe Funds,annuaC}►en�ydR9 the esaow a�L or vervytng .
<br /> , � �F the Esaaw ftems. untess LendeJ pays Bartow� 6iterest on the Funds and app�cab[s law pertnRs Lender to make saeh a � :
<br /> , . ;s, cAa�ga Howev� I.�der may reqttire BaRmv� to pay a onetlrtte charge tor an independent real esffite tax�nrting serv(ce
<br /> esed by Lwider in canne�5on w� thTs toan, unless appIIra6te faw provides othervvEsa Uniess an a�eemerit is made or :
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<br /> applieable taw�N�6rterest to be paM. lsid�r shafl not ha required to PaY Borrow�e�l interest or eamings on the Funds. :
<br /> � ` :, ' r Bortower end Lend�may agree tn writlng, horrev�. ihal Urteest sha0 Be paid on tPie Funds. L�der sha8 glve to Bo�rower. -
<br /> •, ,;�.`•• w►�haut eharge, an enntist ecco�mtmg of the Funds.showirtg ae�is and debf�to the Fimds and Uta purpose tor whtcb eacb
<br /> , ' -- ;'':5". de6ft to the Funds was mada The Funds are piedged as ad�t[onal seauily for ati sums seaured by tha 3eiauiry fnsUument. >.
<br /> � •` �' If the Funds held by Lender exceed the arrtoums permitfed to be hetd bY apP�a law. Lertder stiall accourt to 8a�rower
<br /> • • +�r the�.rnss Fands fi aceordance wiM the cequhane.�rts of appQca6ie fa�a.ii tha s�rtount of tAe Funds hdd hy Lend�at any
<br /> '��'> tine is cat sufflda�►t ta pay the Esaow ft�ns whm Que.!.¢nder may so noUty Bormwer N wth6tg,and in such rase Borrovrer ,.,...
<br /> `';.; --.�<<.;.; sha8 pay to Lender the amo�mt necessery to make up tAe deRdency. Borrower sha0 malce up the defldewy tn no moce then - --._
<br /> : ,s.,r._:. - .,,. tweNe morrthry payments.at tender's sote disaetian
<br />-!:`.`,`.z;,. � , Upon paymeM In fu0 ot aU sums sec�aed by this Sewri�/InsGumen� Lender shatl promptry refund to Barmwer arry Funds
<br /> f:'it�Rv:.,. �` �`;� hettl by Lender. tf.undel paracyaph 21.Leider sha0 acq�eUe or sdl the Rroperry.Lend�prEor to the acquisitlan or sale of the
<br />_ ' • ' ;;�5• Ropaty.sha0 apAly arry Funds hdd by L,ender at the t6ne of acc�ulsidon or sate es e credR a�ir+st the sums secured by this ���'�
<br /> L.• .. ''::� Se Irt�umettt :'�=.
<br /> ' .��: �G�11CatiOtf Of Psymeitt� Unless appifcabte taw pra�eides oMenv(se. aD paymert� c�celved by LenQ� under '�°
<br /> . . • paragraFts q and 2 sfiall be appQed: f�to any Prepaymerrt charges d:se under the Nlote; second.to amounts payable und� �-=�
<br /> , paragnap h 2•t h i r d.to t n t e r e s t du a:fouRfi.to prfi c i pal du�and 4�s1.Lo e n y�ate char9es due under the Nate. �. . �;..'�`
<br /> . 4. �farge� L.ienS. Borrower sha0 pay e2 taxes, assessmads, charges, fines and tmpos(Uons �2 � �`� �CY
<br /> u?�,1cb ma etffiIn rb we►Uits Seeur.� L-rst►ument,and leasehold .e�CS or ground rents.H any. R.smswer sh� �,,
<br /> . � .. �P�71 Y � �► i P�' . �,�..rs�
<br /> � " � Pay the�cGpga!(otrs tn the manner p�lkfed fi ,paa3raph& or it not paid in that manner. Bortuwer sha0 pay th�n on tlm� . � f•:�,�,,
<br /> . ` directty W�re person owed paymertL Barmwer shall promptly fumish to Lender ffiI notices W amounts to'�e patd urtder this . �ri,;,,:�
<br /> paragraph. If Borrower makes these payments d'uectly. Bomower shap promptly fumish to Lender receipts euidendng the
<br />. ��t" , P�e� {;'``'_,_-
<br />'`;�'t . Borrower sha0 protr.p4y dtseharge any Uen which has pdor(ty aver thfs Seciudy.+fr.strument unless Borrowe►: (a)agrees fn t::��?��'
<br /> ` ,; ' wAting to the paymertl of tfie obQgatton seared 6y the Qen tn a manner acceptabie�iender; (b) contests in good fatth the �r,,,�
<br /> t 7^�+ Ren.by, ar detends agafist e�orcement of the Gen tn, tegal proceedings which in tC.e Lender's optr.ton operate to prevent the
<br /> , . � ����' enforcerRat#'of the Iten;or(a) secures irom the holQer o!the Den en egreemerrt satisfactory to Le;dc�subordfnadng the lien to ==
<br /> ,.,%,;�r�, thts Se+wit.y:Snstrumerrt.H Lender detemimes that eiry part of the Propery is subjecl to a Gen whicti:nay attain pdoriiy oYer thfs . � :_
<br /> �,-.;. Seartt�►4nt�'�vm�l.Lender may gtve Borrower a notice[denti(ying the Qen:Borrower shafi sattsfyr the Qen or take ona or more ot. .,.�,:
<br /> .'.:,; ' the a�:a set toM ebove w[thtn 10 days ot the gNtrig of noUce. . " •�;-'''',
<br /> � ` '' , ' S..�Ps3zard Oi 6h'Op�1'ty IASUrBnCe. Bortower sha0 keep the improvements rrow existirtg or hereafter er�ected on the• ��.�{,'r3`�Y
<br /> • �,� . �-� �R�Y�`�ausd agatnst tass by fire. hazards IncNded Nlithfi the t�m •e�dended eoverage' and any other Aazards.Inctud'icrn�� . � �€"'�'r'
<br /> ,�..F. �•f'�-:'..
<br /> . , . ;�_,J. ftooda or ftaedfng,for whlch Lender require.a Insurance. Thb insurance sha0 be maU��lned in tha emounts,and for the perbdis•
<br /> • � �• �` that Lertder�equGes. The(nsurance cartier providng the insuwnce sheU be chosen by Borrawer subjeat to lender's approval •
<br />- " which shafl not be unreasonably withhetd. fl 8orrower ta0s to rruuiEotatn eoverage d�aibed above, t.ender may,at Lender's
<br />- '• , �. ', •� optton,obmin caverage In protect Lender's dghts fn the Propary in accordanee with parayaph 7. � ,;' �:
<br />}��;�F� , .� ;, AO insurance poGd�..and renewais shaU be acceptabte to L.ender end sha0 lnctude e affindard moRgage ciause. Lender
<br /> . � .;;,'��:. sha0 hare t�e rtght to hoid the poC�es and renewa(s. N Lender requlres.Borrawa sfiaD promptry give to LenQer aU recelpts o!
<br />- . � : .. •�. ,� pald pretriuns end renewal noUces. fm L'he everrt ol toss. Borrower �haU give prompt noUce to tha a^surance certter and Lender.
<br />-- � . Lender a�'�make proof of foss H nat!rt�le prompUy Dy Borrower. -
<br /> � � � � ' , Untess lender and Bortawer otite►wtse a�ee in wfidng.fisure.strr proceeds shall be appUed to restoration or repair af th�. .
<br /> � � ' Property damaged.H the restoratlon or repalt is economl�Uy feasU�f�end LendePa seeauUy is no!lessened if the restoration cr
<br /> • ' •' repalr is not ecanomically teasihte or Lender's sea�ty would be tessened the tnsurance proceeds shall be appQed to the sums
<br /> • � seaued tsy thb Securiry fnstrume�. whether o� not then due,witlr aiy excess patd to Bo:rower. if Boaower ahandons the
<br /> -. , • Property,or does not answer wiNLr SO Cays a notice from LenQer�rat the ins�erance eartler Aas ofteted to settle a ctaim,thei
<br /> - - Lender may coUect the insuranee psocesds. Lenda may use the praceeds to repatr or restore the Property or to pay sums
<br /> =- � , secured by Ws Security IastrumenL cn~�tAer or not ihen due. 71ie 30day pedod w41 begin when the noSce ts ghren.
<br /> - ' Untess lender and BoROwer othemise agree in writing. arry appficatlon et proceed3 to principal sha0 not extend or '
<br /> � . :?� pos�one the�e date o1 the monthly paymeMS reterred to In para�eghs 1 and 2 or change the amount ot the payments. tf
<br /> _ � ' under psua�aph 21 the Rroperty Is ac�uUed by Lendea. Borrawefs dgM to ei►y insnrance po0des and proeeeds resulNng from
<br /> .. damage to tAs Pcoperty pdor to the ac�ilsftten sha4!pass to Lender to the e�Rent o1 the sums by this Sewrt'ty Instrument
<br /> - . � imme�iatet�/Drior to the aequisition. .
<br /> � � � � 6. Occupancy, Preseniation, MatMenance and P�otactlon of tP�e Propertyr, Boaowar's Loan
<br /> .. � Ap�ti�atton; Leasehotds.Borrawv shaD ouupy,estahfish. and use the Property as Bortawer's pr(rtcipal resiGence within
<br /> � � • sixty days after tho mceanton ot this Sea�ity tnstrumc�A end shaU wntln,ae to oceuyy the Property as Borrower's prindpat
<br /> �, residence tor at teast one year aiter the�te af oxupaney,unTess lendet othenvise a�ees in writlrtg,whlch conserd shail not
<br /> . , ba unreasanabty wkhhetd,ar unless e�Qenuating Wcumstettees e�st whieh are 6eyond Bortower s eontrol. Borrawer sha0 nof
<br /> � � . • desbay.damage or impafr U►e ProPerly.a[tow tha ProAerty►to deteriowte. or eommit wasto oa tAe Rroperty. Bortawer shaJ 6e.in
<br /> - • deta►dt if erry fo�te(ture aetion or proceedutg, whether clv;l or aim3�eal.Is begun that in lendas good taith judgment coutd reautt �
<br /> • ' in foAei�ce oi the PraOrity or othen�vfse materfaIIy(mpair the Gen ere�ateA�y this SecuriSy Nsttument or Lendefs seair(ry tnterest �
<br /> •_ ' � Ft316.t1410(tN� P�ye 2 Ot 5 �� � +
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