��14�5�74 �
<br /> �v�r�v�re��fid ��nd�r cov�r��n�ar�d �gree a� fo�laws;
<br /> �, �'ay��ri��f�'r�rnc�p�t,in��res�,L��e �h�rge� ar o�h��° �'e�s and �har�e�. Sarr�v�r��r�ha�l p�y wh�r� due
<br /> #�e pr�nc�p�1 af, ��d �nt�t�est �n, t�� debt our�d und�r t�� Agr�eme�t and �ate c�a�rg�s ar othe�r f�e�and ��ar$e9
<br /> du�under the Agr�e�nent.Faym�n�s due uflder the A�reer�en�a�d �his Se�urit�instrt�r�tent sh��] b�rnad�in�.5.
<br /> �u�rency.��ow���r,if apy ch��k ot� ot�e�e i�str�rnent��c�iW�d by�.ender as pa�rrri�nt�nd�r th�A�r�emen�flr th��s
<br /> �e�uri���st�rum��r�t is rett�tned t� �e��er unp�id, �,ender �nr�y r�equire that �n� �r al� s�bs��t��nt payme�ts s�ue
<br /> �nd�r th�Agr�e�rr�ent a��ti��s �e�urit�Inst.nam�nt�e made in an�a�rr�a���f th� �'v��bwir�g �'�r�ms, a�s�Iected by
<br /> �.end�r: F � ' � • � �
<br /> �a���s�i= ��� rnar�ey ar�er, ��� �ert�fie��h�ci�,b�n�.�heak, t�'��su�er s ch��k ar cas��e�s ch��kf prov�d�d
<br /> sn�r s�ach���ck�is d�-awn �span� an �t�stituti�ri whos� deposi�s ar��nsur�d by a federal ag�r�cy,instrum�r�tality,ar
<br /> enti�jr;�r�d���e�trani�Fu�d$Trans��r.
<br /> P�yme�ts Are deerned ��ei��d by Lend�r vwh�� r�ceived at �he 1o�at�an d�sigt��[�� in th� A�r�eesr�e�i �r at
<br /> s��h vt�e� lo�a�ian �s ms� be de�ign�ted �y Ler�der » �C�t�r[��nce wlth t�i� r�otiC� p��Vi9fOn8 �#� 5ectian ��,
<br /> L�nder m�y� r�tur� any�aym�nt ❑r�partial paym�nt if th� p�yn�e�t ar F�rt�al paymen#s ar�e ins�ffi�i�n� #� �nin�
<br /> , kh� Loan c�rren�, If B�rro�er has breached a�y coven�nt �t� agr�em�nt in this Se�utrity ��strt�ment attd L.�nt��r
<br /> has ac�eterat�d t�� �b�i��t��x�s of Bt��row�r ��r�under pu�suant ta Sectiaz� �� th�n L�nd�r rna� �cc�p� �ny
<br /> paym�at �r par�ial�pa�ant in�u�'f�i�nt ta brit�g th� �,oar� c�rrent, with�t�t wa�Wer �f a�t� ri�h�s ��reunder or
<br /> ���judice ta its ri�hta t� r�fus� sr�ch �ayment or p��#ia� p�y�tr��nts �n t�te ��ur�� ��tt Ler�der is nnt �b�'t�at�d ta
<br /> app�� such.p�yn�ents.�# the �ime �uch paym�n�s ar� accept��, If e�ch p�riodic �'a�rtn�nt �� app�i�d as of its
<br /> sch�dul�d due dst�, then I��nder �e�d nvt p�y interes� �n unapp�i�d fu�ds. L,�nder m�����ld �u�h ut�ap�lx��
<br /> funds unt�� �t�rnawer mak�s p�yme�t tt� bnng the Loan�urr�r�t.�f Barr�v��r does not �o,s� with�n a reaso��b�e
<br /> �ena� af�nne, Len��r�h�l� �ither apg�y s�ch �tr�ds or ��hxrn thetr� to F�arro�er� �f n�t spplied �8r�i�r, suc�
<br /> funds wi�l b� app�ied.ta the Qut�tan��ng princ��al b�����und�r th�A�ment i�m�dia�ety p�tior to for���osur�.
<br /> �'o ��s�# ar cl�im►x�iich �ar�ro�sr mig.ht�hav��our v�in the fu�r� a�ai.nst�,ende�r shal� r�lieve B�rrawer fmrn
<br /> making p�yrr��nt� du� under t�e �greement a�d t.�is ���urity ��.stxut�ent ar pe�fana�ting the c�veria�#s and
<br /> agre�tnen#s secur�d by this�e�urity.�nstrum�r��.
<br /> �� �harg�9� �;�ens. �orrQw�r s�a�l ��y a�� tax��, assessrn�ntss�harges, fnesy at�d in�pos�tion5 �t�t�buta��e to
<br /> the Froper�y whi�h�an_attain prior�ty over th�s ��Curity �nstrument, ��as�h��d�ayrr�en�s�t` �aund r�ents 4n ��e
<br /> Fr�peart�,;iF any,arid��mmun��y Ass�Ci�ti�n I]ues,Fe�s,and Assessments,�if�n�.
<br /> B�rr�wer sh�lt pramp�ly discMarg�an� �i�n which has pri�r�ty�v��th����curity Instrumer�t u�le����rrow�r;
<br /> � (�} agrec���ri writing t� the paym�nt a�`t�e abli�atian se�t�red �y �he�lien in a m�nn�r�acc�pta�le�o L�nd��, �ut
<br /> �r��y �a long as���t�awer is�p�rf�rnaing�u�h �gree�er�t;�b� �antests�he lien in go�d f�ith by, vr de�`�nd� a�a�nst
<br /> �nf�t�em�nt af t��Iien in, te��l prc�c�edings�hich�n Lender's opin�ion aperate to�r����t the enfarc�ment af t��
<br /> ���n while thase pra�eed�gs are p�nd�ngf�ut v�l� until su�h pro���ding��r�cQncluded;or ��� se�ure�f��m th�
<br /> hQ�der t�f the l�en�n��re�tnent satisf���ary�o L�n��r s�b�srd�na��a�#he �ien t� t�is Secu�i#�r�n��rurn�at,I�`x.en�er
<br /> dete�tniri�s�hat�ri�r part of#��Pr��etrty is subJ��f�o a Ii�n w�ic�t.���attain pri�rit�r��r��#�is �ect�rity ins�.rut�e�t,
<br /> Lender rx�ay�iv��B�nrvw�r a notice�d�ntifyit�g t�e��e�.Within I�d�y��f the date a�whi�h �i�t n�t�ce is giv�n,
<br /> Barr�w�r sha��s��is�y ihe Iien vr take on�or m�re vF���act�ans set f�r�h�bav�iQ t�is S��t��n�.
<br /> . 3, �r���rty Insur�n�e,Ba�ra�ver s�a��k�e�the improvements�now existin�ar h�r��f��r�rected�n the�'roper�,
<br /> ir�sured a�a�nst lass b�r fire, hazards �nclud�d wi�h�n�th� �erm �'exi��ded�€�v����,"and �ny�t�er�azards in�Cudir� ,
<br /> g
<br /> � but n�t l�m�ted to, �arth�uak�s�nd �iaads� �or w�ii�h �.end�r re�uit�es �nsursnc�.T�is in�urance �h��� be m�int�in�d
<br /> in t�� amoun�s�ir�cl�,ding deduct�b�e i�ve���and f�r the p�raods�h�t L�nd�r re�t�i�es. '�h�t I.��tde�requi�es pursu$�nt
<br /> to the �r�eceding��cnte�rG�� cAn cl�ar��e duririg the tcrn� �f the �oart, The insurence carricr pr��[�ing �he E�s�u�t�ce
<br /> sh��i be �hvsen ay �arr��r�r•sub,��ci t�;L�nder's r��ht to d�sapprove��rnawer`s c�oice, w�i�� �ight shall n�t b�
<br /> �xercis�d unreasoti��I�. E�vrr4�x►e�~ shall be resp4n�i�I� for the p�ym�nt Qf an� #`ccs _�mp�scd b� the F�deral
<br /> Em��g�ncy N�an�geryt�r�t�g�r��y in GonRection with �h� re�ric�► �f any fl��d �ot�e d�ter�mir�ation r�:sulting fir�rr� a�
<br /> o�j�c�i�n b���rrawer,
<br /> I f�arr�we.�fails#v main��n�ny�f the co�et�ges d�s�ri�e�a���e,L�n�e�r�ay�bt��n in.qur�n�a cvv�r�ge,a�
<br /> Le�d�r's �pti�� and B�rxawer's e�p�ns�. L�nd�r is u�der rto 4b�i�at�vn �o pur�h��� �ny pa�t����ar'ty�� or
<br /> �ma�nt of �v��ra��. Therefane, �uch couera�� s�all ca�er Lrend�r, �e�t rnight �� mi$�t�r��t �ro���t B�rraw�c,
<br /> $a�'ow�r's e�uity in�he�r�p�t�r,Qr the cantent�of the Prap��rty, ���inst any nsk, ha�ar�c�r��ability an� mf t
<br /> �
<br /> pra�ide �r�a�e�` 4r I�ss�t- c�v�er�ge th�n w�s pre�ivus�y i� effect. �ar�t�we� ���Cnowi�dges �h�� th� cosi af��e
<br /> i�s�ran�� �ow��ag� so obtain�d.m�ght si�ni�icantl�► exceed t�� cvst nf in�urance th$t S�r�r�aw��r cc�uld have
<br /> �b�ained. A�y am�urits disburs�d by I��r���r under this Secti�r� 3 9h�t! b��a�i� �dd�ti�n�� �e�t �f �orrowex
<br /> s��ur�d�� t�is Se�urity Instrk.�m�nt. Th��e amou�ts s�a11 be�r ix�terest �t tho r��e�h�r��abl�for �d�an���und�r
<br /> the ,�4.greem�nt ft��rr� th� date �f disbur�ement and s�all b� pa�a�sl�,with such int�r+est, upan natice fram �,et���r
<br /> ta Bor�row�r re�u�st�r�� ���ent�
<br /> Orig�nai �p$��3 af�p�g�s�
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