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<br /> LaAN#: PK3�7 X'I fiD947888
<br /> or ground ren�s a� �he f'r���rty, if ar�y, �nd �ammun��Ass�cia���r� Du�s, Fe�es, and Assessments, if
<br /> an}�. Ta fihe ex�en��l�a�these �tems ar� Escra�r Iterns, B�rra��r�hal1 �a��he� �n th� manr��r prau��ed ' ,
<br /> �n �e���vn 3.
<br /> Borrv��r�ha�� prflmp�i�t discharge any lien �hich has priar�t� �v�r�his S�curi�y Insfirumer�� un�ess
<br /> Borro�er:�a}agre�s�n�nrriting����e pay��n�of t�e�bliga�ior�secured b����iien�n a m�nn�r acce��ab��
<br /> ta Lend�r but on�y sa lang a�B�rr�����s perfo�ming such a�r�em�n�; �b}con�ests t��Iier�in g�od fai��
<br /> by, ordefend�aga�ns�enfa�c�m�nt�f�he l�er�in, legal�roceedings��tich'rn Lender's❑pir��o�aperat�to
<br /> �re�rent�he enfvrcem�n�o��h�I��n�vhiie�h�s�proc��edings�r�pending,bu�anl�until such prv�e�dings
<br /> ar�co��lud�d;vr�c}�ecures fro�n�he hfliderof�he li�n an agre�m�ntsa��sfac�vey�a Lendersubardir�a�ing
<br /> t�e�i�n����is 5ecur�� Instrum�n�. ��Lend�r�e�e�mines that an�part of�he Pr�p�r-�is sub�ect�o a lien
<br /> v�h�ch �an a�fia�n priori�y over�h�s �e�uri� �r�s�r��n�en�, L�nd�r may gi�e Borra�rver a n�t��e iden��fying
<br /> �h� �i�n. '�#h�� 1� days of�he da�e on wh�ch �hafi no�i�e is g�v�n, Borr��r�r shall satisfy �h� li�n �r tak�
<br /> one�r rnore of t�e�c�iorts s�fi fio�h above in �his S���ion 4.
<br /> Lender rr�ay req��r� Sarrov�rer �o pay a �n�-��me ch���� f�r a r�a� es�a�e tax verif«a��on andlor
<br /> rep�r#i�g service u�ed by Lend�r in canr��c�ion��th this Loan.
<br /> 3. Prap�rty Insurance�.��rfa�rer shal�k�ep�he impr�o�e�ents nov�r���sting�r h�reafte�erect�d on
<br /> �he Prope�y i�su�ed a�a�ns�loss�y f���, haza�ds i�c�ud�d vUi�h�n�he��rm"�x��nd�d cov�rage,"and any
<br /> o�h�r ha��r�s ir�cluding, bu�no�lirnited��,�arfih�uak�s an�fi�ods,for v��ich L�nd�r�-equires insurartc�.
<br /> ���s�nsurance s�a�l be r-nain�ain�d ���he amoun�s�inc�uding�educti�ie I�vels}an�d far��e periods�ha�
<br /> Lender r�quires. 111iha� Lend�r r�quir�� pursuan� �o �he p�eced�ng s�n��n�es can chan�e during �he
<br /> fierm o��he L�an. T�te i�s�rar�ce car�ier pro��din�th��nsurance s�a11 be chosen �}� Borr�o�v�r subject�o
<br /> L�nder's r��h�t�d�sa�proWe�3a�ra�er's choic�,�rvhich righ�shall r�vt�e�x�rcised unreasonably. Len��r
<br /> may r�quir� Barro�r�r fo pa�, in c�nr��c�ion �ri�h�his Laan, e�ther: �a} a one--�ime cha�-�e f�r flo�d z�n�
<br /> det�rm�na�ian, c�rtificat�on and�racking servi�e�; o��b}a ane-�im�char�e for f�oad�ane d��e�mina�i�r�
<br /> ar�d c�r�ifrcatior�s�rwices and s��s�quent charges each�ime r�mapp�ngs ar similar�hang�s accur�h�ch
<br /> . �easonably m[�h���f����uch d�t���ir�afiion or���tifi�a��vn. Borro�ver sha�! a��� be r�spon�ibie far fihe
<br /> paym�nt of�ny fee� ir�posed by t�e Federai E�nergenc� �1l�ana�em�n�Ager�cy in c�nne��ian ���h fhe
<br /> revi�v�af an}�fiao�z�ne d��erm�natian res�l�i�g f�-om an ab�ection by Barro�er.
<br /> if Ba�r�o�er faiis �o maintain any af th� ca�erag�s descr�bed abave, L�nder rnay ob�a�n in�urance
<br /> �flverage, a� L��de�'s o��ian an� �3orrov�r�r's expens�. L�nd�r�s un��r na a��igation �o pur�hase an}�
<br /> par�icu�ar�ype or amour��of co�erage.Th�refore; such�overag�shal�cover Lend�r, bu��nigh��r rr�i�ht
<br /> no�pra��c��3o�ra�rer, B�rrv�e�'s equi�y�n�h�Pr�per�, o�the c�n��n�s of�he P�oper�jr, aga�ns�any risk,
<br /> hazard or liabili�y and ��gh�provide gr�ater�r��sser c�Wera�e��an�as�r�vivus��in efF�c#. B�rr��ver
<br /> a��cno�ledg�s that the cas�af�he insur�anc� cor�er�a�e s� abtained migh�signi�ican�ly ex��ed �h� cas�
<br /> of insuran�e��at Ba�ro�er cauid h�ve a�tair�ed.Any am�unts di�bursed by Lender under�his Sec�ion
<br /> � shai� be�ome addi�io�ai deb��f Borr���r secure� by this �ecurit� In��rument. �'h�s�a�oun�s shall
<br /> ��ar interes�at�h� N��e rate from th� date of disburs�me��and s�al[ b� payab[�, �vi�h su�h in�e�est,
<br /> upar� n���ce fr�m Lender ta gorro►lver r�qu���ing payr�n�n�.
<br /> �i�insu�anc�pal���es r�au�re�d ��L�nd�r and rene��ls o�suc� paiic��s shal! be subj�ct�a L�nd��'s
<br /> ri�h��o disappr�r�e�uch p��ici�s, shall i�ciude a s�andard mortga�e clause, and �hali nam� Len�er as
<br /> mo�tgagee ar��lor as a�a�di���na��v��pay��.Lend�r shal�hav��h�ri�ht�a h�ld���pol�ci�s�nd r����a�
<br /> �c��ifica���. If L�nder�equires, E�orrov�er shai�p�omp�ly�i��to L�nd�r�al�rec����s�f pai�prem�ums and
<br /> r�ne�ral notices. �f Borr��rer obtains any f�rrn af insurar�ce co�er�g�, no�o�h�r�ris�requir�d b�Lend�r,
<br /> f�r damage to, or�destructian of,the Prap�r�, such pa�i�y shail inc�u��a standard martgag�c�ause and
<br /> � shali name Lend�r as �n�rtgagee andl�r a�an additiona� lass payee.
<br /> In �h�e�en�vf ia�s, �arrov�rer�hal�gi�re promp�nfl�i���a�h� �nsurance carrier an� L�nd�r. �er�der
<br /> �ay make provf�f�vss if n��made promptly by Bo�r�w�r. Un1�ss L�nder and �arrartv��-vthervirise agre� .
<br /> in �rri�ing, an}� ir�suranc� ���c�ed�, �h��he� �r nat th� und�riy�ng �ns��a�ce ►r�a� r�qu�r�d b� L�nder,
<br /> shall�e a�p�i�d��res��r��ion or re��ir of th�Pr�per�, if the r�sfora�i�n or r�p��r is econom�c�liy feasi�le
<br /> and L�n�er's se�uri�y is no�Iess�ned. ❑�rin� �uch repa�r and r���ora��or� p�rivd, Lender sha�i haWe�h�
<br /> r��i���o h�ld such insura�c� prvicee�s un�il Lend�r has had �n oppartuni�r�v insp�c��uch P�ope��o
<br /> ensure �h� �vork �as been cor�np���ed t� Len��r's sa�i�fac�ior�, provid�d �ha� such insp����a� sh��l be
<br /> �rnd�rtak�r�prompt�y. L�nder may di�burse pr�c�e�s for�h�repa�rs ar�d r�storation in a s�ngIe�aymen#
<br /> vr�r�a seri�s af pragress p�y�men�s as th�w�rk is comp�e��d. Un�ess�n agre�m�nt is mad�i�wri��ng�r
<br /> Applicable La�r re�uir�s in�er�s�t�b�pa�d on�uch ��suran��proce�ds, Lender sha�[��t b�requir�d�o
<br /> �ay BarrQ��er any i�t�rest or�a�nin�s on such prac��ds. F�es for puhi�c adjus�ers,or��her�hird parti�s, ;
<br /> �etained by Barravxrer s�all na�be paid�u��f the�nsu�ance prace�d�a�d shal� b��he sol�ab[iga�i�n of
<br /> B�rro�rer. If�he res�orat�on or reparr rs no��c�r��on��cal[�f�asible o�L�nder's se�uri���uld be�essen�d,
<br /> �he ir�surance �rv��eds sha�l be a�pli�d �� �he �ums s�cured by �h�s ���urit� �ns�ru�en�, �nr�e�her�r
<br /> r�at�hen du�, v�rith����x��ss, if an�, paid�o Barra�er. Such �nsur�ance p��ce�ds shall ��appl��� in�h�
<br /> or�e�pr��id�d for in Sec�i�n �.
<br /> lf�3orr���r abandons the Prapert�, �.ender may fi�e, nego�ia�� a�d s��l� ar�� ar�ai�a��e ins�ra�c�
<br /> c�a�m and re�at�d ma���s. �f Borro�er does no�respond���h�n 3�days��a �a�ice from Lend�r�ha�the
<br /> insurance carri��has��f�r�d�a set���a cla�r�, ���n L�nd�r may r�����ia��and se�ie�he c����n. The 3Q-
<br /> day p�rind��11 beg�r��r��n fhe nati�e �s gi��n. Ir� �i�her�v�nt; or if L�nder a�quires�he P�ap�r�� under
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