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<br /> _�:,-..��Y_;4 � . ;��b a �� �9$�,`��►�� � °'�`
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<br /> n t;:�-L'- < Tf�F»ads st�all 6e 8etd in aa�t�oa aiiose deposits are y au , r eatit3►. 'F_:
<br /> ,_ ��.- •:4« �� � (indud�ng�xader,if I.end€s is sucL au I�timtio�)or ia a�r Federal Home Lvan Bank.LEnder si�ail ayply the Funds w pay d►e �
<br /> ,.��
<br />,,t��°<.�-- .>..•. �xa 1 • the Fuads.annuailY analYtin$the escrow acoaimt.or �;.:
<br /> x. Escrow Items.Leuder maY uot cbatge Barsower for holdiag and aPP YmS
<br /> . .��:.:.� .r.��,.
<br /> �.�..s��r::'..r:��i°�_,' verify�tg the Fss�+ow Items.un2ess Leader pays Borrawer intecest on tlte F�tnds aad applicable teal�estate reportin$senrice' `��`
<br /> ��R� � , .` a charge.Hawever.I.EUder map require Bor�awer to pay a osi�time ch�8e for an inde�ende�t
<br /> ;,;L. }�.,-.i:,,6' �itY.Lrnder in oa�on witb tLia toaa. untcRS agplicabie law pmvides othe�wise. Unless aa agraeme� is made ar f,
<br /> applicabte law r�quires i��to be paid,ixnder shall.not be noquined to pay Bormw�aay intemst or ecffmngs on the Funds. .
<br /> `� �° i °' Bomuwer at�d Lender may agcee in writing.6owever,tint interest s6atl be pazd on the Fands. Leader shall give to Bormwer, � "�
<br /> " :•'���.�.���f• withont chatge.an asnual a�nntmg of the Fands.showing crediis aad debits to the Fuads and the pu�se for whfch each r°
<br /> � �' r E debit to the Fands aras made.The Fimds are pledsed as additional secarity fot all sums secured by this S�urity Iaswment• `° `
<br /> r � �"" If tLe Fm�ds hetd by I.�dec excad the amoe�a.s pe�c�ttet!to be!�eld by app�law,I.eader s�li acaoouat w Bomuwer �1 ,�
<br /> _�.'±�.,._`. t- for dce euc�ss Faads in acoordaace with thc raquit�me�ts of applicable taw. If ihe amount of the Fnnds held by Lender at any
<br /> _ �` ttme is not suffiaeai ta pay the Fscrow It�whea due,I.ender may sa notify Bormwer in wrFring,�d.in suc6 case Borcuwer
<br /> ''u```�'.� -. •"='`: the deS . Boirawer sha11 arake t�the deficiency in no Tnore dran ��=
<br /> - �•,� � shall pay w Leader the amoarrt neoPSQary ta make ap dena5+
<br /> Fa ��.� ,�: tw�dv�mo�4tY PaYments.a�I�'s sole disc�edon. -k
<br /> �`-. Upon paymeau m full of all soms secured by tbis Sewrity Iasuameat.Leader shall Pmm�ptlY refi�nd to Bomawes su�► -
<br /> ;x � "" �� Funds.hetd by I.eoder.If,onderg h 21.I�nd�shaU aoqau+e ar s�U the�,L�eoder,Prior w Me acqn�sition m sale
<br /> acq si
<br /> � �
<br /> $ ` � �`: of the Prnpeaty.shatt�►enY F m�hetsi 6q Lender at the time of acqu�sitinn or as a cna¢it agaiffit We$nms secured bY ,� :-
<br /> � this Secnrity Ins�tneaa: '�p� licable law vides otheawise„a1t�ayme�►�s =
<br /> 4 � f�!, }.�`r ' '3.App1�L,8` tIOII O��J"'�ZS.VA2��PP P� ?e�IYed bY 18 andet paz8��: � `'
<br /> -� ,- ` 5 �`� 1 aad 2 aha116e�pp�td:Srst,ta anJ!Plepa9ment c6arP,es dt�e i�nder the Nat�seoond,to amounts PaYab � "
<br /> t6ir+1.w interest dae:fawYh,to prinapal dae;aad last,to any late cBarges due t�ader the Note. ' g�-y=
<br /> �� � �.�,� fines aad impasitians amt'buiabte to the PropertY
<br /> ' ' ` � C h s r�s;I.teas.BonEawer shall PaY all taxe3,asses cfiar8as+
<br /> `'' ,�� `�' 4• and leas�hotd or grunnd rents,if anY.l6omnwer shall pay �
<br /> . � •}a�: which may attaim paarity over this SeauIry Ins�at, P� . -
<br /> l C , � f F
<br /> �these ob�rgations in t�e manner p:ovided in p�'�2.or if aot paid in that manner.Bortower sha}I pay�on time dinectly F
<br /> ' C to the_pezson owed payment.Borrower shalt pmm�y fumish to Leauler all��ricrs of amonms to be pa:�.�ader ttus paragtapfs.
<br /> „� L,.. Bornawer shall Pm�'y fas�ish to�enadet teteipts evidencing�1?a paYments- •:
<br /> � �� ' ' , If BQrnowe�r makes thgse payments dire�tlY• =�
<br /> �-. . Borrawer stislt promP�Y���Y lien wbicb l�as priaz�i'crc�s this Soauiry I�t mitess Barrower:(a3 ag�in .
<br /> " - c S�'- - °�-_
<br /> �� • wrldng ur tbe paYment of the obli on secured try the lien in a��P�Ze w I.ender.(b)cantests in good faith the t£e�►
<br /> .�:�, by,or dcfe�ds against eafonxnnen�t af the liw�in, tega�pm�s whsc�.m t6e Lender's op�nion opr�ate w pteveat the �,�,
<br /> e
<br /> ' ;,; ` ,.� ;eaforcerneat of the l�ea�;or(c)secum.s from the hotder of the lien an ggrce�!i:satisfactory m L�nde*sn��n��$��tO - =
<br /> � _.. '�_��� this se;Rriry Instramens.If Leoder dexermlacs d�at auy patt of tt�e Prope�€-is:subjecc to a Uea wt�ch ar�,g;aaain Vriosi�!►ovec =
<br /> : •tHis gecurity,Insa'anent.�attes may Stve Borrower e aatice idensify�iug�.�.Somaw�shalt saUsfY ti�:i�►or take one or . v_
<br /> � ,,;: ' �sqo�of tb�actions set fa�th above aritLm 10 days of the giving���� or I�fter.emcted oa th� � -
<br /> a th �����
<br /> � � 5;�3�mN ar Av�ty Insit�mce. Horrower shatt kee�a:�+��u�OV --
<br /> - �,''''S�,� � `Pro s�ared ag�rlst toss by.&e.t�azards iQCtndea wiit�in t��:ien�'es�nded coveeage°�ii!a�►Y o�s i�rda,iACtadiug �
<br /> �` . . � IIao�Rooding fcn�artuch Lender requires iasnraace.T6is in�cssbzD�ee maiatained in the amou�aad'for tbe a�
<br /> '�` ' �he insaraace ca�r�et PmvIding tl�e insut�'s�aU_b�:chosen by Homuwer snbject"ta i.endea's a�rovai
<br /> � . :�,�'• . . �fiat I�eadet ieqaire��..
<br /> '`:e:'�,�s��i'�,;•°° whicb sha11 aot be anreasonably wuhF►etd. If Sorrower fails tv�ciaintain ouverage desCnbecl above,Lender raay.at Leader's —
<br /> �'� � optioa;obtatn cav�rage w pmte�l�ende�s rig6ts in the Ptoperty'in accordance arit�parugiaph 7. .
<br /> e lattder , t�;.:.
<br /> , ' �.K,.� . AU iastuance PolIcies and renewals sY�aU be aeceptable to I.ender and shaU include a standard murtgag clause.
<br /> ..�:•.•t i�.. �i.••,�_,. . sball�ave tDe rig6t to bold ibe polIdes azW renea�als.If Lc�Wer nequires.Borrower sball P��P�Y�ve to i.�all receipts of _ _
<br /> ' �v'�'� �!_ � paid�preadmns and rei�rov,al ttouces.U,t6e event af.ioss,Borrower shall grve ptumpe aorice co the�carrter and Letsder.
<br />`Lt ,���.�f`' Lemder may m�ke pmo��f loss if aot made Pmmptl,Y�fil►Boirower. -
<br />-�� ,.�`",f � Udess L�ender and Borrower otheaarise ag�+ee�u arriting.insarance proo�#s shail be applied ta�s�tian or sepait of ttie . -
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<br /> Y��c..Ia��'� . .
<br /> ,r f�'��� ,; 3f tbe t+estorat�on o:tepais is eaoabmfcally fea�'b!e-aitd Leader's�rSty is not Iesser�d:�f the teswration or .
<br /> ' :t,: . BtoPert�+da�ed.
<br /> =� �, �,, �• reyair is not economis�Uy feastble ar Leader's sewrity woWd 6e tessened.the iusasance proceeds shall be applted to the Suads
<br /> `�;:.� ,. secured by tbis'Secuilry Instiume,nt.avHether or aot then dae. arIth airy exce.as paid to Borrower.If Borrower a6sutdona tl�e
<br /> ..-„`�� '.,`°.
<br /> - .: �e+operty,ar does nsr�::answer within 30 days a not�ce fmnr l.e�er that�the inswrance carrier hac off �d w seale.a�Ftaim,then
<br /> , n= �. ' t,eader may�eolte����urance prac�eda. Lendec may�use the pmceeds�to repair ox restore the�[�ragerty�tsr to paY s+�s �
<br /> � ., �:.'�•�.°`' :' sec.u�t�y'thls� ty��nsuumeat,whether or aot then dt►e.7�e 30�day peltod vvill 6egiu when the.aotice�S given.
<br /> � — . Un�,a LenGer�a�faid Bo�mwer otheiwise ag�in writiag�aaYappi�ation of proce�ds to prIndpal sball nat�end or
<br /> _ 'p�tpone tAe dne dat�of the monthly payments refeired w in para hs 1'arM Z or chabge the.aAwant.qf tho�paW�ym�n' fs.I4.'
<br /> - ondet pa���ph ZI t'�e.P�oP�Y����Y Lender,Bo�iower's�t co eny insw�rcce lwl�des an�praceeds tia$.froW
<br /> . � t��
<br /> : "� dama8e to th�Pnap�'.Drior co ehe aaqatsitton shaU pass to�.ender.to.t�e e�ioent of itie sums se�ared by s�ds Secauity inswi�nt ,..
<br /> —_ __� �.��, i,nmediatety.PrIor to�he ucgaisit�On. �" � � � � �
<br /> � 6.Oocupaac9.Pr�rvat�on,�aintenau�aad Ptote.Won aY the P�ap�ii,y;�Bareowet'a Uoan App7irs�e�cecudon of .
<br /> � � 8orrow�shatl accupy.estabtish.snd use the i>mperty as Borrower's prinaipal restdeace wIthin sixtY day►
<br /> 3c��,� �y�tay laguument and shafl co�e to aocupy ehe Property as Borrower's priac�pat resideau�for ai�teas.t one year aRer �
<br /> � the ctate oY occapaney«unless Lender otheswlse ag�es in-writing.whicb oanseAt st�sll not b�unreasm�ably a+�thhelJ.or untess
<br /> �.�.'r�� x�m�a�ng c�ra�m�ac�s eadst whiclr are beyond Botc�awer's oottttol. �otmwer sbaU aat desecay, danmge os iaq�r tha
<br /> �"� ��' ° � ' �penyt altovv the4�roperty to deter�orete,or crommit waste on the I'm��tty. Bor�v++er shaU be in default if aa fotfeiture .
<br /> � ture o4 the
<br /> ..ac�on or pmceeding, Lw eth�r dvl!or crlminal,:os.begun tbat in I.cader'.s�aod faith j�dgment ca�td resalt tn forf
<br /> .;�;:_:G," •'��:.��"'.� � �P�Y or other.wlse materlallq i��3s the lie�Greated 6y this Securlt�tns�ument or Lender'e seauity interest.Haaawer maY . _-
<br /> _ ';� '','.':.�.�;�• cute such a Qefmilt and reinsurte.��ps�avided�pazagra�b 18,bY c�usm8 the action or prooeeding to be dismissed wIth a suii�$ _
<br /> � `�;;: `: tUat, in LenEee's gotid faith deter�an. �tuQes.forfeltura of the Bo�rowec's interest in the P r o P e r t Y or other material° _
<br /> ''' : :.'���. i m p a�e n t o�the Iien cneated b y this 5e�sy t�strument or Lende:'s security inter�st.HorrawCr shall also be.in defanit if
<br /> .r'��:`,';`;�`='.�,° Borrower,dwing the[oan appfication pm�.�e m�1�y�or i�o�e i n fo�m a�+���.t o L e n�e r(a r f a i l
<br /> - .: ��'��. to Qrovide LeiWet witlt sny material informatiam�3n c�naection wlth the tdan evldenoed bY the Note.inciitdlng.b�nt not 19mi��
<br /> ��•�,:. ..._, ' ari of the asa' al r�idence:u this SeauitY�ns�a�t is on� '
<br /> ta�t�reseatatioa�conceming Sa�er s aa;uP v�► Pro�aertY t�P _..
<br /> -.. ,�,,.:?:: xvitb ell tha pravisions,of;.aLe tease. �t Borroaer aoq�ites.:fee tIe tQ the Prtiperty, the
<br /> _ ;.:y ,�:> � I�.Barrower�sLatl�oomPt�'. ,. „� . ,
<br /> ••: : .1�:�and the fee title shal?not merge uNess Lender ag�s�o the merges in writing• —
<br /> �;.:..'� 7.�'roteetton o!Leadee's Rl�hts in the ProDertY.�t4 Bomower.faits to perform the cavenaats aruZ�ementa oontained in --
<br /> .� ''' t}ils Security Instca�ent,or there�s�a tega)ptoceeding tbat may signiBrandy affe�4 Lender's righta in a�is Prapeity tsucb av a -
<br /> ��.��. . :�: prooeod3ng in baa�uptcy.Pro6ate.for oondesnaatlon at fodeit�ue or to enfor�laws or tegalations).thea Lendermay do and =
<br /> .. � pag for wh�tevei is necessary to proted the value of the Pm�tty ar�.l.ender's�ights in the Pmperty.�1.ender's acdaas�may
<br /> ;,�rs ". �r::.>.�_ �nclude yaying�anY
<br /> �:'�`µ_''� g -
<br /> -,:..�°- �t 4:+ snms secured by a lien v,hleb has priotlty wer this Se+auity Iastrument, aPPearin8 in court. O�Y�
<br /> : � �-':: ..�����- reasot�abte attomeys'.fees sud entedng on ttte PmpenY to make repai:s.Atthougb Lender may take sction nnder 4bia paragraDh =
<br /> ';� , :z 7.Lenderdoes nat 6ave to do sa. ' . � R
<br /> .. : , . Any amnunta disbursed by Lender.under this paragrap8 T shall trecome edditiona] debt of Batmwer se�vred by�th3a� , _
<br /> , �` :_ .Security l�trunaent.Untess Burroa+er aud 1:ender agt�ee to other terms of payment,these nmoums ahali hear interest frum t�e : _.
<br /> ;. _ :�'•,�::;�:..:: date�of.disbursement at tbe Note rate a�sball be payable,wltb lrcoerest,upon aotics from�.euder w Bonuwer req�iesttng =
<br /> �',�'��� . ��8�1V$oNg$ge 3�osar�nce.if tender req�ilrad mortgage insuranoe ss a condi8on of making the toan seCUreA by thia Securiry .
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<br /> 1 I�,suumea�t.$otmwe�shall pay the preadumsm�u�l ta maira�n the mortgage iasura�sce in ei�ect. if.�fos airy reason. the
<br /> ` • •.' `' mort insutaare wverage m,q�ired by l.ender tapses or ceases w ba in effect.Botrower Shall ay the pr�nmg re,quired to �-
<br /> � ' �_ -�- abtain��vera�se substautially equivalent to the martgage iasurance previonsly�n effect.at a aost spabsfantiafiy valeaf to tho
<br /> era th
<br /> In effesc. fram�,aitermtc�ge iss�cer��t=Y L�.�i . `
<br /> , rnst to Bonower of the mortgage insuranae�revtously i.
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