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<br /> ' HORROWER CAVBNANTS that Borrower it I�►wtliUy K:ied of the aate hereby �vryed and h�V��ht to
<br /> (tnat � oonvey the Property aad tlut the Frqxrty l�w�a�unbercd, exapt for encwnbru�oea of rocard. Borrower
<br /> w�rranb aud wil!defad =ecxraliy the title w the�roperty ��Inn�Il c1�iRU�nd drrrundi, �ubJoct to my sncumbr�nees
<br /> of reoord.
<br /> THIS SECURITY INSTRUMBN7' oo�nbina unit'orm oovenuua for nuloa�l u�e u�d non•uniform coven�nu with
<br /> limited variuiom by Juriidictbn to oowtitute �uNform �ecurity iruuumrnt coveNn� rcal P�M�Y•
<br /> UNIFORM COVENANTS. Borrower u�d L,eader covenant and agree u followr
<br /> l. Pa�t of P�iacip�l� Ielanyt �ed L�le C7u�e. Horrowa sh�ll pay whai due tbe priacip�l of,u�d interat
<br /> on,the debt evideaced by the Note �ad lete chuga due wder the Note.
<br /> 2. Aio�Yly Ps�rmi�t fltTua.Towr�ooe, �od Otber C��a. Borrowar a1Wl include in each montblY WY��,
<br /> tojetl�a with tbe principd aad interest �a set forth in We Note uid my late c.harga� a�um for(a)wca�ad ipeci�l
<br /> aassmeats levied or w be levied�g�inat the PropertY. N) la�ehold pnyraents or�round m�ts oa d�a Propecty� md
<br /> (c) Pnmiumi for inwr�ace roquired wider pua�nph 4. In �ny yeu ia which tbe l.eader mwt pay • moct�e
<br /> inauraooe prnaium to the Stsretary of Hotuing and Ucbau Devdopmeat ("SecretuY")�or ia any yar in which wch
<br /> pnmium would htve baen requfroa if L,rnder ulll held the Security Iuatrumrnt� arch monW1Y WYmeat ehill �l�o
<br /> inslude dtLa: (i) a wm for the �mnwl mortgaga inwr�nce praalum to be p�id by I.eader to tbe Secnetuy, or(il) �
<br /> anonthly char�e in�tead of�mort�ge iasurmce piadwn if thii Securlty Iiutrummt ls held by the Secraary, in �
<br /> rcawa�ble amount to be detennined by We Sceretuy. Fauxpt for the monthly chuge by the Socretuy, thpe itaas
<br /> ue called "F�ccaM Itaa�" �nd tbe amc p�id ta I.eader ane called "Ecmw Fundi."
<br /> I-eader mry.�t any time,ooUax aud lwid �nounta for Pacrow Itane in an �grcgue �a�ount not w exoeed the
<br /> muimum amount that mty be required for Borrowa's ea�orv axount uMu tbe Re�l Eaute Satlanau Pmoahtra
<br /> Aa of 1974.12 U.S.C.f 2601 g.,�q.�nd iaoplana�tln� regul�tiona, 24 CFR Patt 3300,a�thry mry be amnded from
<br /> time w time('RESPA'),�zapt thu the auhloa a raerve pamiuod by RESPA for uoanddpated dLbunemenq or
<br /> ditbureea�an before the Borrower'�payaneau �e avail�ble la thc acxamt may not be b�ued on unouaa due for the
<br /> mo�tg,a�e inwnnoe ptanium.
<br /> If the amounu bdd by La�der for Exx+ow Item�exceed tbe�mounu permitud w he bdd by RESPA. I.eader �hall
<br /> �nt to Harowix for t6e eaoar fw�as requirod by ItESPA. If the�mamta of fw�hdd by I,eader �t�ny time
<br /> ue not atflickat W pty the P.uxow Iteme wFxn due�Lrader may tiotify the Botmwer �nd tequit+e �orro�rer W pWte
<br /> aP the �bart�e a�pamined by RESPA.
<br /> 'ILe Bacro�v Pund��ne pled�ed ��itditioo�l �a�rity for al womv,sxurod by t6ii Savrity lnsaument. If BamMa
<br /> ta�das w ��aida� the iWl paymdn of�11 wch wimr�Banawa's�ptu t1Wl be credited �ith tbe blma ramdnip�
<br /> tor ill intaltmeat iteaor(a).(b).�nd(c)md�ay mortsa�e inanoce pradum in�Wlm�at th�t I�eader 6ar mt be000�e
<br /> abli�atad t�o py to tLe S�octetuy� aod I.eader th�il promptly tetuncl ariy e�toa=fut�de to Borro�va. Immedl�talY P�
<br /> w s t�arxla4pre s�k of the Propaty or ib soqui�ltlon by L,a�der. Borrower'��wu �Il be c�odited�vit6 sry bd�ooe
<br /> tanini� far d! idtallaxats tor itanr (a). (b),aod (c).
<br /> 3. �A�liatb at P4�1� All p�ytneat� uuder p�ra�c�6s"1�od 2 tlWl be �pplied by I.eader a�tE�tto�vr
<br /> �$,Q: "to the mat�qe in�ur�ooe pKmium to be paid by L,aider w the Secrasry a to tbe a�onthlY c�e by the
<br /> Sec�etacr ior�ed of tbe n�ootWy mort�a�e inworance premium;
<br /> ' �Q�.to tnY tuea�spocW �uneate� lea�dwld paymeou or jround tmn�acd fue,tlood�od otha Lvo�d
<br /> � io�o�na pRUdu�x, ar requirea;
<br /> �Q. W inr�erat due uodez the Note; ,
<br /> �, to �mo�ti�on of tbe principal of t6e Nooe; md '
<br /> �. to iMe ch�r�ee due uoder the N�te.
<br /> 4. Pi�q i�r�od ai.(l�et Hmed I�aoe. Borrorver shall lnwre �11 Lnpruvameata on t6e Propaty� �vbether
<br /> noM in aisteooe a sub�eqi�etKlY a�a,'ted� �t+tin� +mY�raedt�carwlda� aod onotin�a�cks. includinj fire.t�ur w4ic�
<br /> Leader rdquit�a low=aooe. ThL imairma �1l be m�iuuiuod in We amouoti aod for the periods th�t Lcad�+r ,., ..
<br /> feQuiea. so�rowa .h�u tl.o imuce all imp�+ovemaics oa the Praperty. �vhrtLer oow ia aci�ace or �ub.equeotly �`.,.•��`;,.;��.
<br /> ereded,�Lsint la�bY noodt to tbe exteot roqulrod by the Sax+etuy. All lnwr�ooe �ll be caetiad rvlW eomp�nia •
<br /> tppmvad by I,ender. 'Ibe Inturaace policies �ud�ay trtkwab �q be hdd b;I.eadcr md �hall include �oa pay�ble �
<br /> elnuea ia f�va of,�ud in a form aaxpt�ble to,I�euder.
<br /> � ia tLe event of loa,Barower �ill�ive I.eader iauaedLke not�.e by aWl. I,ea�der rLty m�ioe proof of ba if not
<br /> m�de proo�ptly by Horrowa. Bach ineut�ooe oomp�ny 000cemed Ir ba+eby �uthatized aod dirocted b m�ke pRyn�eat
<br /> �for acb loa dinectly w.,i.eader. inatead of W 9orrowa m! w i.eader jointly. All or any pact of tbe iowr�oe
<br /> p��ooeed� m�y be�pplied by Leader� �t it�optbn� dtba (a) w tbe raducxioa of tbe iodebtednaa uoda the Nooe �od
<br /> t6is Security ln�uma�t� fira a any ddioqiKat �mouots epplied in the oMa in p�ra�t�ph 3�md thm w pre�ymaot
<br /> of principat� or(b) w thc �atorxion or rq�ir of tl� damqad Propacy. Any applicatioa of�e pcoceedt w tbe
<br /> priacip�l thall aot extad or po�tpone the duc due of the moathlY PaY�h which ou�e ref�arrred to ia p�r�raph 2,or
<br /> c6m�e the amount of wch payn�. Any exas inwraooe procoats ova aa�nxxwt roquired w psy dt a�ndin�
<br /> lnddxedaas wder t6e Note �ud thie Security Iaotrt�aot �II be paid to the eatity leplly wtitlad Ihaeto.
<br /> In the evau of foreclau�e of du�5ecurity Inttruaxat or wher trao�fa of tide W We Propatr tbat exti�ui�ha
<br /> the iodeb0ednw. �11 dght, title md intereat of Borrower in wd to inau�noe policia in fora �11 pw oo tbe
<br /> PuteLa�er•
<br /> 3. ooaip�e�r. l�e�atioo. Maioieo�oot aod Pmlectioa d We P�opQt�; Bo��'� I.o� Appiic�tio�;
<br /> la+�oidt. Borrowrr �lull occupy�ewblitL� ud we the Ptopaty at Borrowa's princip�l raideaoe �vitbin�tydaye
<br /> +Ra t6e a�a�tbn of thl�Security Inanuueat (or within st�cty d�y�of a I�ter wle or trnukr of tt�e PR+cpaty) �ad�ihall
<br /> 000dnue eo oca�py We Pe+operty �u 8orrowa'a principal �ida�oe for u laa ooe yar after t6e date ot ooa�p�ocy.
<br /> unlat I.ea�kr detamines th�t requit+anent will cauie undue hudihlp for Borrowa. or ual� atmutlnj
<br /> cira�aatwoa aci�t which are beyond Borrower'� control. Bornowa atWl nodfy Lender of wY a�oeau�tlo�
<br /> �u-�A u� op 7�u�sr �
<br /> o��.�.r s�M...r�•poo���aa Pa�e 2 of 6
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