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<br /> �� � TO(dETNER•W�TH a�l tho Isitipravsmenis noei on c�rtsRer erected on the property,�nd eM enee+nente, appurtenencee, and ._
<br /> :��..-.:-.`i� rtxturea now or hereatter�part ol the prop�rty.AN rsplaeemants �nd addiiione sholl alao be covered by thb 3ecurlty Inatrument. -
<br /> -°"� ' All ol tha forepolnp I�rWurr.1 to In lhie 3ecu�ity Inatrument ws the'Property.' -
<br />-.'•"�'�•n BORflOWEii COVENANTB th�t Borrowe► la �Mully aelied of the eatste htxeby conveyed and h�s ths dgh! to Qrmt �nd
<br /> , ,,.,��� convey the Properry and ihat the Property Is unencumbered, except tor ancumbr�ncoa of record. Borrower wsmnte �nd wlll _
<br /> •c_x_�� de(x�d pmar�Ny th�tNis to th�Prop�rty�g�fnet�A cldma�nd dsm�nds,6ubJ�ct to any mcumbnnc�e ol ncord.
<br /> THi9 SECURITY IN97AUMENT combine� unNom� covenente for nntlonal uae and non•unttortn covennnts with Ilmltnd
<br />:-;�;;;� vrrlNlom by Judsdictlon to ccnatNute�untlortn eecurky Inalrument covering red properly.
<br /> UNIFORM COVENANf9. Borrower�nd Lender coven�nt and agree sa tollows:
<br /> -- t. P�ym�nt nf Princlpd �nd Int�nst; Pr�p�►ym�nt �nd i.�te Ch�rp�s. Borrower aheli promptly pay when
<br />-- � due the pdncfp�l of end Intereat on the debt evidenced by the Note Rnd any prep�yment�nd I�te oharpea due unda the Note. y
<br /> -��=� �. Funds tor Taxee �nc� Inn�ar�nee. SubJect to epplicabte law or to o wditen walver by Lender. Bonower sh.11 pey __
<br /> _ -� to L�nd�r on th� d�y monthly p�ymmts u� dus undn► the Note,untH the Note Is pald In lull,a aum ("Funde') tor. (�)ye�ry `
<br /> tMxe� and rsussm�nte whloh m�y �ttaln p►iodly owr thls 3�curfry Inetrument �e • Ym on the Prop�rty, (b) y�dyr INSShold O
<br /> paymente or pround renU on the Props►ty, It eny; (o) yeay heurd or property Inaunnce premiuma: (d) ye�rty tlood Inaunnce
<br />-=.-� prenduma,if �ny; (e) yeerty mort�pe Inaur�nce premluma,B eny: and (Q any sum�payeble by Borrower to Lender In accordance �
<br /> .�:� wflh the provlslona o1 p�nqnph 8, In Neu of the p�yment o1 mortgape inaunnce premiums. These kema �ro c�Ned 'Escrow
<br />��y,_� Iteme.' Lender mRy, at any tims, collect and hold Funde In an emount nat to exceed the m�ximum �mount e lender tor� �
<br /> �°'�� fedenly related mortgage lan rrMy requiro for BoROwer'a eacrow account under the ledanl Reul Eat�te 3ettlement P►oceduros
<br /> --'° Act ot 1874�e amended from tlme to tMne,12 U.S.C.�28Ui et seq. ('RE3PA'), unleas another I�w that �ppYe� lo the Funds
<br /> 6E16!1 lesser�mount. If so, Lender may,et �ny time, coNxt and hold Funds In an �mount not to exceed the lesser amount.
<br /> Lends► may eslknats tha�mount o}Funds due on ths b�sla oi current dat�and reasonable estimates of e�endftures o1 tuture
<br /> -� Eeaow Itsme or otherwlee in accordance wkh�ppWc�ble law.
<br /> -� The Fund�ah�H be held in sn Inetitutbn whose deposRe are inaurod by e iedarnl ega�cy. Inatrumentsllly,o�entityr (including
<br /> Lendex, B Lender Is such an Inetttutlon) a In tny Federal Home Loan Bank. Lender ehall appy the Funds to pay the Escrow
<br /> Itetna. Lender may not ch�rps Bortower ta holdtnp �nd appylnq the Funds,annu�Uy�nelytln9 the esarow �ccount,or verityk�8
<br /> the Escrow Itema, unlese Lender peya Borrower Mte►est on the Funda md �pplicable I�w permits Lender to m�ke auch a
<br /> � chr4e. Howevsr, Londx may requke Borrowa to pay a onatNne ch�rpe 1or an Independant reai ests4e t�x reporUnp servlco
<br /> �eed by Le�der In connsatlon wkh thla loan, unksa �ppNcable ktw providea othawiae. Unlese an apreement la made or
<br /> a_�_� appllcable kw requkes Interoat to be pald, Lender ahnB not be required to pay Bor►ower any Mterest cr e�minys on the Funds.
<br /> --°--- Borrower�nd Lender may ayree in writinp, however, thet Interest ahell be pald on the Funds. Lender shaN give to Borrower,
<br /> wNhout ch�rpe, an annual �ccounting of the Funda,nhowinp credita �nd debNs to the Funda and tho putpose tw which e�ch
<br /> --. — deblt to the Funds wea mdde. The Funde sre pledged as additlonal security tor�N sums se�urad by the 3ecurtty Inatrument.
<br /> -° tt the Funds held by Lender exceed the �mounts permitted to be held by appllcabie lew, Lender shall account to Borrower
<br /> tor tha excesa Funds In accordmce wkh the rcqulremente ot appNcable law. It the emount of the Funde held by Lender at any
<br /> Ume Is not eutflclent ta pay the Eacrow Items whon due, l.ender may ao n�tHy Borrowx in w�ting,and, In such case Bonower
<br /> ----- sh�A pay to Lender ths amount necessery to make up the deflelency. Bortower shal make up the deticlency In no more than
<br /> _-- tweke monthty paymenta,�l Lenda's sole dlsuetlon.
<br /> . Upon payment In fuM of all aums secured by thls Security Instrument. Lenda sh�l promptly refund to 6onower�ny Funda
<br /> hald by Lender. If, und�r p�ngnph 21, Lenda ehaA �cquke or eell the Property, Lender, prior to the acqulattlon or aals of tho
<br /> y� Propalty,ehall�pply my Funda ndd by La�ua�i it�o iir�e ot etqu�lt;osi cr.::!t»a s cr�ft agalsse!ihe e�!mR n�cured by thln
<br /> Securtty Inatrument.
<br /> 3. AppIlC�tlOn Of Paym�11U. Unless applfable law provides otherwlae, all paymenta recefved by Lender under
<br /> pu�graphs 1 and 2 ahaN be�pplied: ftret, to eny prepayment oharyea due under the Note; second,to amounts paya6le under
<br /> panpaph 2;thkd,to Interest duo;tou►th,to princlpal due;�nd lnat,to any I�te chargee due under the Note.
<br /> 4. Ch�fp�s; Ll�ns. BaROwe► ahali pay all taxes, �ssesaments, charpes, 1k►es snd knposftions �ttrfbuUble to the
<br /> Property whlch may attain prbrfty over thls 3ecurity Instrument, and le�sehold payments or pround rents, B any. Borrower ah�il
<br /> p�y theea obliqrtlons in the manne►provided In pantgnph 2, or if not p�ld In lhRt manner, Borrower eh�Y pay them on lNne
<br /> dkeaty to the peraon owed payment. Borrower nh�B promptly tumish to Lende► all noticea ot artiounts to bs p+dd under ihfs
<br /> _ n�r��nh If R�rrewer mskes these pnyments dkectN. Botrower ahaH prompty tumish to Lende► roceipta evidencing ths .
<br />_'�.'�— �y111M18.
<br /> Bort�wer eh�q prompty discherpe eny Ilen whlch hee pdoHtyr over thla Securtty Inatrument unless BoROwer: (�) a�reea�n
<br /> w�1np to the payment o}the oblly�Uon neeured by the Ilen In �rrwnner ecaepUble to Lender; (b� contesta In qood 1eNh tha
<br /> H�n by,a debnd� Ry�lnst sntorcemsnt ot the Ilen In, leyd procaedinpa whloh In the Lender's opininn opsats to prwsnt ihe
<br /> entorcanent o1 the Nen; o►(o) eecures iran the holder of the Hen m Rpreanant aetlsfictory to Lendx aubwCinatlnp the Nen to
<br /> thls 3ecurity Instrument.It Lender detemwnsa th�t�ny parl of the Property I� subJeat to a Nen whiah may Rthin pdorRy ovsr thla
<br /> SccuNty Inatrument, Lender may 9ive Borrowx�notice IdentHyinp the Nen.Borrower shall atUaty the Ilen or Uke ane or more of
<br /> the actions sd foRh above wfthln 10 d�ya oi the plvinp ot notice.
<br /> � 5. Ha=�rd or Prop�rty In�uMnC�. Bonower shall keep tha Improvomenta now e�latinp or herenfter erected on ihs
<br /> Proporly Inaured a�inst loaa by Ore, hazards Inciuded wlihln the tam 'extended coven�pe' and �ny other h�urds, Including
<br /> Aoods or tloodtng,tor whlch Lender requlrea Insurance. Thla Insurence shn�l be malntalned In the�mounts and tor the perlods
<br /> tlut Lendar roquken. The inaunnce cartler provldlnq the Insurance shdl 6e choaen by BoROwer subJect to Lender'a approval
<br /> whbh aheN not be unreaeoneby wKhheld. It Borrower lella to malntNn coverage descrlbed �bove, Lender m�y, �t Lendar's
<br /> opUon,obt�in coveraye to protect Lender's rlghte In the PropeAy In aecordance wfth peragnph 7.
<br /> Ad Insunncn poNcles and renewals shal be acceptable to Lender and ah�N Indude � st�ndard mortgage cluuae, Lender
<br /> shdl have the►ight to hold the pollcies�nd rmewais. I1 Londer requlrea, BoROwer ahall prompty give to Lender aN raceipts oi
<br /> pdd premlums and renewal notices, In the event o1 loss,Bortower shell gNe prompt notice to the Ineurance cartier and Lendcr.
<br /> — Lander may meke proof of losa R not made promptly by Borrowcr.
<br /> Unless Lender nnd Borrower otherwlse �gree In wdting, Inaurance proceeda ahaE be eppllod to restoration or repalr of the
<br /> __ property damaged, N the restoratton or repalr la economic�lty teasibie and Lenda'a securtty Is not lesaened. H the rostoratlon or
<br />------ repalr Is not ecanomlcaNy feaeible or Lender's aecurfry would be leasened,the Insurance proceeds shnli be eppNed to the sums
<br /> = secured by thls Secu�ity Instrument, whether or not then due, wfth any exceae pald to Horrower. I} Botrower�bandona tho
<br /> ������• � PropeNy, or doea not anawer wNhin 30 days� notice trom Lender that the insurance cartler heo ottered to settle a clalm, then
<br />`=y�"k� Lmder mey colleat the Inaurance proceeds. Lender may uee the proceeds to repdr or restoro the F'roperry or to psy sume
<br /> -s��=�� - exured by lhis 3ecurky Inatrument,whethor or not then due. The 30-dey pariod will begln when the notice Is glvon.
<br /> N r�� Unless LenJer and Borrower othenvise agrae In writing, eny applicatlon of proceeda to pdnclpal ahall not extend or
<br /> r,_., postpone the due date of the monthry payments referred to In paragrnphs 1 end 2 or change thn amount oi the peyme�ta. It
<br /> + under pe►agteph 21 tha Property Is ecyulred by Lender, Bortower's ripht to any Insurance policle� and proceeds resuitlng trom
<br />�,=,�b�� � d�mege to the Property prfor to the acqufslUon shall pass to Lender to the extent oi the sumn by thls Seeudty Inatrument
<br />_ -' Immedktely pdor to the ncqulaitlon,
<br />`��.���+_ e. Ocoupmcy, Pnsorvatlon, Malnt�nanco and Prot�ction of tho Prop�rty; Borrow�r'� L.oan
<br /> �'— �x� AppllCatlon;�l.�as�holds. eortowa ahel occupy, estabilsh. 811d U6E tNC PfbpClty aS 90tTOw�►'S pllndpel �ESItIenCe witnm
<br /> �• • ;� sbAy dnys after the execution of thls Security Instrument and shall contlnue to occupy the Properly as Bortower's Fxlncipal
<br /> resldence tor at ieast one year aRer the date of occupancy, unless Lender otherwlse aprees In wrilhig, whfch caneent sheli not
<br /> � Y .� j be unreaaombiy withheld,or unless extenuating clrcumstencea exlat which are beyond Borrower's control. Borrower shall not
<br /> ' �� destroy,damago or Impalr the Property,allow the Properly to deteriorate, or commit waete on thn Property. BoROwer shell be In
<br /> � � delault if eny foAHture ection or proceodinp, whether clvil or cNminal,is begun that In Lendeia good laifh Judgmenl could result
<br /> In fortellure ot tho Properly or otherwise materlally Impeir the Ilm created by thls Secudty Instrument or Lender's security Interest.
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