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<br />-,u-�� . 7'OGETHER WITH �q th� knprowrtMnt� now or hKMN�r �not�d on th� proparty��nd�W w��l�, �ppuri�n�no�o, �nd
<br /> ��,t;�.• fbnw�s now or hK�aflw�p�rt o1 lh�propMty AN npMc�rrNr'l� �nd�ddRbn• shall aho b�cownd by Ihfs S�curNy In�trum�nt.
<br /> � All ol ih�forpolny It rNKwd to h thN S�curky Instrurr�nt�f Ih� "PropKty.'
<br />,�:..,r:'�` g(}qRpWER L'OVENANTS lh�t 9orroww b MwNly �alz�d of lh��st�l� hYrWY convey�d �nd h��th� rlpht to prant �nd
<br /> �«l� �,`�' conwy th� Prop�ly and thpt th� Prop�ty I� un�ncumb�nd, �xc�pt for encumbrance�o}recnrd. Bortowx w�rt�nte and wiil
<br /> �''�'�'•.". WNnd p�n�r�ly th�tRM to lh� Prop�rty�p���►�N oyFni �nd d�rn�nd�, subJect to Rny Yncumbranc�a ol r�card.
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<br /> THIS uECURITY INSTRUMENT combh�s unMorm co'�nn�nta for n�ibn�l uEe �nd non•unMorm cownanls wfth IknRod
<br /> !�'�y'�i� vu�tbnc by JurfaOblFc�n to canatRut��unAorm e�cu►Ry h�trum�nt cow�rfnp real praperty. �
<br /> � � UNIFOFiM COVENANTS. Borc�w�r end L�ndsr coven�nt�nd�Ons�a tolbws:
<br /> `_•'` 1, Psyment of Principel end Interest; Prepsyment end Lete CharQea� Borcower eh�ll promptly pey when � r
<br />-;'�:tG�'�_� dW ti»prfncpal of and Intersat on the dabt evldmc�d by ths Note and any prepeymenl and late charpes due undar 1he Noto. � —
<br /> '2, FU11ds for Texee and tnaurence. SubJsCt to epplbebk law or to a wrilten waHer by lendsr,BofrOwsr shell pay �
<br /> "�'" to Lender on the day monthy paymsnts ere due under the Note, until the Note is p�b in lutl, a sum('Funds")for; (a)yeariy
<br /> � taes and aesuasmsnts whfch may tnaln prior8y over thls Sscurky Instrument �s e im on the Property; (b) yeary leaaehold �
<br /> peyments or pround rents on the Property, ff eny; (c) yearly hazard or pr4perty Insunnce prembms; (d) yeuy fbod insurence
<br /> '�` ` prKniums, M any;(e) yearty mortpnpe insurance premlums, M nny; and (� any 6ums pay�ble by 9ortower lo Lender In accordence �
<br /> T � w�h the provisions o}parppraph 6, in Ibu of 1he peyment of mortq�pe hsurence premlums. These Nems ere calbd "Escrow �
<br /> ' v Itema." Lender may,at any tYna, collect and hold Funds In an amount not to exceed the maxknum amount e iender tor e
<br /> �"'�`"{�� isderaly releted morty�pe ben may roquYe for Bonower's escrow account under tha tederel Reel Estele SettVement Procedures
<br /> "����''�`� Act of 1974 es amended ftom tkne to thie, 12 U.S.C.@ 2601 et seq. ("RESPA"), unless another law th4t npplles to the Funds
<br />�`-`'7�)nr"���;•; sets e bssnr amount. If so, Lender may, at eny tkne, collect and hold Funds h an eniount not to ezceed the lesser amount.
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<br />:_;.j,-• �� Lender may estimale the amount of funds due on the basis of current data and reasonable estMates ot expendilures of ture
<br />_ .�'���o� Escrow Items or othenvise In accordance wkh applbable law.
<br />=•�±i.�;;,, The Funds ehall ba held fn an hstkuUon whose cbposks are Inaured by a lederal agency, Instrumentalky,or entRy(inoludk�p
<br /> '°=i:�'.'+ • Lende�, M Lender is such en fnslkutbn) or In �ny Federal Home loan Benk. Lender ahall appy the Funds to p�y the Escrow
<br /> Items.Lender may not cherpe Borrower for hoWinp and applYinD the Funds, Annuelty enalyzinp the escrow account, or verifyinp
<br /> � .:"�`��','� thn Escrow Items, unless Lendsr pays Borrower hterost on the Funds Qnd applbabla kw permks Lender to rrMke such �
<br /> ch�rgs. However, LenAer may requke Borrower to pay a ono-tlme charpe for �n {nd�pendent real esltte toc rq�oAhp servb�
<br />_,,,,;�fy?:. used by Lender In connecllon with this ban, unless appifcable law provides otherwlse. Unlesa en aflreemsnt Is mode or
<br />_-�-,;�,;:�. , ppp�b�ble law requkes Intxeat to be paid,Lender shall not be requked to pey 8onower any htxest or s�mfnys on Ihe Funde.
<br />_ � �, ` Borrower and Lender may aprae in writhp, however, that Interest ehall be paid on Ihe Funds. Lendlr ah�N plve to Borrower,
<br /> "-- - - wbhout charpe, en nnnual eccountinp ot the Funds, showhp credRs end debRe to the Funds end the purpose for whfCh each
<br />;��;�x�'�� debk to the Funds w�s mtde. The Funds are pled0ed as addkbnd securily for sll sums s�cursd by th�S�curity Instrument.
<br />;=�:i-� if the Funde held by Lender exceed the amounts permftted to be hel�by appifable Ww, Lender ehall account to Borrower
<br /> ___.,.� for the excesa Funds h �ccord�nce wkh the requkements ot applfcable kw. If the emount of the Funds hekl by Lendsr at any
<br />-:,-:?Y,� � time Is not suHbient to pny the Escrow Items when due, Lender may so notMy Borrawer h wrRinq, and, In such cas� Borroww
<br /> Ww;;� shall pay to Lentler the amount necessery to make up the defbiency. Bonower sha�make up the d�f�lency in no moro than
<br /> =:..ti , hvelve monlhy peyments,at Lender's sola discretlon,
<br /> `� upan pay����i :�h%"at «;;�u"'•s s°=u�°d ny ►nta Recuri�y Instrument,Lender sh�h prompty refund to 8ortower�ny Funda
<br /> -=`—'r���� Mld by Lender. If, under parapraph 29,Lender shell acqutre or sNl the Property, Lender,prbr to th��cquisitbn or saq of cn�
<br /> -�?�%��'� Propaty, ahall appy�ny Funds held by Lender at the tfine of aaqulsRbn or a�k as� credk �painst Ihe suma s�curad by thb
<br /> --- = S�curky Instrum�nt.
<br /> _�-.�__� 3, Appllcetlon of Paymente. Unbas applbabk law provldea othuwis�, all paymmts ncshKd by L�ncNr undu
<br /> i7 p�r�pnphs 1 and 2�hRN hs �ppUsd: fiat, to�ny prspaym�nt chup�s dw undsr th�NoU; s�cond,to amounts p4yabM unWr
<br /> —='=���-! p�rapnph 2; thlyd, to htw�it du�;fourth,to princfpal due;and laet,to any lat�chRrpa dw unda th�Not�.
<br /> -_��:� 4. Charqes; Lleni. Borrowsr ehwll pay �II t�xes, esa�eem�nte, chup�s,fln�t �nd knposKbns atMbut�bb ro tM
<br /> �_�,�,� prpp�rty whlch may �ltaln prbrRy ovsr thK S�curky Inetrum�nt, and leas�hold paym�nls or prnund nnls. k any. BortowK ah�l
<br /> _ - � p�y thaas oblfp�tbnt In th� nwnnx provki�d h puapraph 2, or M not p4id In that mann�r, BorruwK sh�N pay th�m on timl
<br /> __,�,;,is�a dirocty to th� p�rson ow�d paymmt. BorrowK eh�ll promptly fumish to Lend�r �Y not�ss of gmounta to b�pald under thb
<br /> --- -- paapraph. If Borcow�r mak�a th�c� p�ym«ils dfractly, Borcowe shall promptly lumfsh to LsndYr r�cNpte wkinncinp tM
<br /> -- p�yments.
<br /> ------ Borrow�r eh�ll prompty discherpe �ny Ibn whbh has prbrRy over thi8 S�curky Inatrumsnt unkaa Bortowu: (�) �p��s„
<br /> wrkin0 to th• p�ymmt of th� obllp�tbn sscurW by tha Ilen In e rt+�nnsr acc�ptabM to UnWr; (b)contats In pood faRh tM
<br /> ����� enfo csmen o�hs INna ost(c)secu�re nhom the`holderbofw�therlfen en�ap wreement s t�fecloryst 6Le�der au�dinatinypth�fsntla
<br /> -� thla Sscurdy In6lrumont.If Lender determines thnt any part of the Property fa subJect la r lien wh{ch may �ttaln prbrky over thb
<br /> ---- Securky Instrument, Lender rn�y plw Borcower a notfcs klentHyfnp the Ifen•Bartower sh�N satisly the iln or tRke ono or more of
<br /> _:::_� the actbns set forth above wRhin 10 dsya of the pNhp ot notbs.
<br /> 6. Hezard or Property Insurence. Bortower shall keep the knprovsm�nts now exhc�,u or hxwnx Ksc�sd on cn�
<br />_yf-"--��� Property hsured aq�hst bss by fke, hesarde fncluded wkhin the term "extended coverepe" end eny other hazarda, Includhp
<br /> „_;.�s� Aoods or ibodhy, for wh�h Lender requlres hsurenco. Thls Insunnc� ahall be m�htaln�d in the ��+ounte rnd for th�p�riods
<br />"- ° -�=:�� lhat Lendx requke�. The Insurnnce Cerrbr prcvkling the Insurance shaN be chosen by Borcowsr subjaot ta Und�a approv�l
<br /> - � - whfch shall not be unre�aon�bly wkhh�ld. If Borrower falis to mafnt�h covar4y�dascribed abow, l�nder m�y, at Lsndefe
<br />-�,-�r���; optWn, abtafn covenpe to protect Le��ders riqhts h the Property fn accordance wkh parapraph 7.
<br />._ - �a�.,,,�i All Insurance poNCfes and renewels shell be eccnptable to Lander and shall Bcludo o st�ndud mortqa0e clause. Lo�dx
<br /> -��'�'�-•3�' shall have the rqht ro hold the polblea end renewals. It Lender requkes, Borrower sh�tl prompty pks to Lender all rncefpts ol
<br /> �r;�-�,:, � paid prembms and renewol notfces. In tha eve�t of loss, Borrower shall pfve prompt notfce to tho Insurance carr{er and Lendl�.
<br /> Lender maY m�ke proof of loss H not made prompty by Borcower•
<br /> UnVess Lander nnd Borrower otherwlse �proe in wrRhp, fnsurance proceeds shau ba applied to restor4tbn or rep�P of lhe
<br /> � � Property damayed, k the restoratbn or repalr is economfca�y teasibfe and Lender's securUy Is not lessened. If the restor4tlon or
<br /> � � repalr Is not economfcelly feasible or I.endex's security would be lessened, the{nsur�nce proceeds shnll be applbd to the sums
<br /> � secured by thls Securky Instrument, whether or not then due, w�th eny excess p�b to Borrower. If Bonower ebsndons the
<br /> PropertY� or does not answer wkhh 30 days a nolfce hom Lender that lhe hsurance certier has oMe�ed to settVe e clalm, then
<br /> �'• Lender may collect lhe hsurance procaeds. Londer may use the proceeds to repaf� or restore the Property or to pay sums
<br /> secured by this Securky Instrument,whether or nut then due, The 30-day perbd will bepin when the notfce Is pNen.
<br /> " ' Unless Lender and Bortower otherwlse agree in writhp, eny applfcatbn of proceeds to prnc{pal shall not extend or
<br /> , � postpone the due date of the monlhly payments relerred to in poragrephs 1 end 2 or chanpo the�mount of the peyments.If
<br /> under paragreph 21 the Property �s acquked by lender, Borrowers rfpht to eny insurence polbles end proceeds resukhfl hom
<br /> damape to the Property prbr to the acquisitlon shnll pass to Lender to the extent of th6 sums by thfs Security Instrument
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<br /> . _-- . - -.,-----(�. ITrt18Uininir Nivi iv iiB dCy..�..�..,,.^.
<br /> 6. Occupancy, Preservatlon, Maintenence and Protectlon of the Property; Borrower's Loen
<br /> ' Applicetlon; Leasehotds. Borrower shell occupy, esteblish, end use the Properiy es Borrower's pr'nclpal residence w�hY�
<br /> sbcty deys ake� the execution of thls Security Instrument and shflll contfnue to accupy the Property es Borcower's pri�C�pal
<br /> residence for et least une yenr elter the date o1 occupanCy, unless Lender otherwhe agrees fn wril'ng, whfch consent shall not
<br /> be unroasonobty wNhheld, or unless extenueling ckcumstencas ezi5t wh�h are beyond Borcower'S control. B�rrower 6ha11 not
<br /> destroy, damege or fmpefr the Property,allow tt�e Property tn deterlorate, or comm�weste on the Proporty. Borrower shall be h
<br /> de18uR M any forfeiture actlon or proceeding, whether Civ��or criminal, is begun thet In Lender's gaod faRh Judflment could resuR
<br /> in torTetture of the Property or otherwise materi�lly knpak the Ilen created by this Security Instrument or Lender's security fnterest.
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