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<br /> ' � UNIFORM COVENANTS. Borrower ased Lenatr rc+ver►ant�nd agree as fo!lows: 90`1�0�i 9� 'j
<br /> �' �� L Paymeat of Psiadpa►md Iateres�Prepaymtnt�ad I.tte Cbas�es, �orrower shall prnmptly pay when duc r,, �
<br /> � }? �.� �a�wprincipal afand interat on the debtevidenced by the Ncsteattd any prepayment and ixte cbarges due undtr Ehe Notc.
<br /> � � 2. Funds Ior 9'ua and iasatraca Subjcct to spp�icsbtt law or to�wc�tten waiv�r bp Lender.Bonower shYll pav .s' ^'
<br /> ' 'aa�I:aides on the day monthiy peymcnts arc due under the Ncta.unti}the Note is�aid in full.a sum("F'unds")equrl,tc� ;.- '��. �
<br /> " , _ � cae•twr.lfth of- (a�yeuly ranes a�n� asssssme�ts whicA may atrsin prioaity or•er thi� Security Instrument; (b} yttrly `•': r�' ,r.
<br /> � � . �old payuienr_s or ground renu on the Praperty� 1�aF3�; (c)yearly huar� insurance premiums; and (d) y�e�rly t:,; �.� tr
<br /> ��, � , . . a�aurt,.gsge insurance premiums,if any.These items ue calIed•'escrav�r itrms."Lendor ms�+estintue the Funds►due on the "� '� �
<br /> � 'b�is flf currmt dau and reasanable atirt�ta of future acrow items.
<br /> -�� �' ' � Ttie Fuads shail be held in an instituuon the depasiu or ucounts of which sre insured os guannteed by a federa�at
<br /> �'- � ? "::'::` : �agmcy G.isr.�Euding Lrnder iP I.euder is such an iastitutiona Lendu sh�l!apply the Funds to p�y the escrow items.
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<br /> ��a:ay na2•�1"s�rge for hoidi�g and applying the Fundsl,analyzing the accovnt or verifying the escrow items.unless
<br /> ` " :� ��3e��ys Bo�,�wer iaurest on the Funds and appticable!aw pe�rmits Lender to m�ke such a charge. Bs�rrower And
<br /> ; � �zn�r m���.;g.rx in writurg that intertst shatl be gaid on the Fauads. Unless an agreement is made or applicabl�law
<br /> �,�*.xre�t:v�be paid,I.ender shatd rtat be requira!to pay Borrower any interest or eamengs on the fiunds. Lcnder
<br />- ' sT�i,�ivt to Bc,-�ower,without chargc,an annual accoanting of the Funds showimg credit.and de6its to the Funds ans!the
<br /> . : � -°. �sp�se for wbich each debit to the Funds was taade.'Fhe Funds ue ptedged as addittona}security for the sums secured by
<br /> i � ,, ttEr��.^�rity Instrument.
<br /> , • " � �f the amount of tFte�unds held by Lendet.together witlt the future montbJy payments of Funds payable prinr to
<br /> � _ ��'t�ta��;r dates nf the escrow etems,shall exceed the amoant rcqnared to pay the escrow items when due,the ezcas shall�e.
<br /> �� � . s3�or��vrc'S¢o�t'son,either promptly repaid to Borrower or credited to Borrower on monthly pzyments of Fnnds.If the
<br /> ��• - ���s�.°���.uids held hp Lender is not su&cient to psy the escrow items when due,Barrower shall pay to Lender any
<br /> � �r��ary to make r��e�e deficieacy in.one or mon payments as required by Lcnder.
<br /> �li��yment in Eu1I of all sums secured by this Security Instrument.Leitder sh3!!promptly refund to Borrawer
<br /> �.���a�nds�l�y i.ender.If under paragra�h 19 the Propeny is sold os acquired by 1.ender,L.ertder shall apply.no later
<br /> � �Y�a3 iaime�:a�rze�to the sale of the Fmperty or its arquisition hy Lendar.any Funds held by Lender at che time of
<br /> � . �lication�n��t a�st ihesums securrd by this S�usity lnstrument.
<br /> '.�. A��€�enta. Uniess applicahIc lau provides othetwise.all payments receivod by Lendsr under
<br /> ��s��Z�s�aIE�e ffpplied:6rst,to late charges d�e under the Note;second.to prepayment chargrs d�ze under the
<br /> ���:�,���'s�cns gaya�ie under paragraph 2;fourih,to interest due;and last,to principal due.
<br /> �t. t�e�Ijas. Borrower shali pay a11 taxes,astessments,charges.fines and impos'stions attributable tv the
<br /> Pr�t�y wEni;.�T r�ay attain priority,over this Socwity Instrument, and leasehold payments ar grorutd renu, if any.
<br /> Bo�tn�s�Jlll1�.3 these ahligations in the mannu providt�in paragraph 2.or iP not paid in thst rnanacr,Horroaer shall
<br /> pag�cb�o��:directly t�n the pes�on owcd payment.Borrower shall promptly Furnish to l.ender a2t r�Razces of amounts
<br /> w tac�id za.-r�r-t?�.is p�ragraph.If Borrower malces thae paymrnts directly,Bortawer shall promptly*,rrtish eo Lende� •
<br /> r�c;��s avi.�'�-.��,:�e payments.
<br /> ���r�I:T.x!l pr�mptly dischar�e auy lien which has priority over this Soeurity Instrument unless Borrawtr:(s) �'
<br /> aga�xs i���i�,rg s�¢�e�,�ineat of the obli}t�Qn secured by the lieta in a manner acceptable to Lender.@)contests in good �`
<br /> f�it9s e�Ye tu�by,or defr��ainst enforcement of the Iicn in,tegxl proceedinas which in the Lender's a�inian operate to ��•
<br /> �reo�e�u���:r,�.-mc-a c�Gct:e lien or farfeiture of arsy part of the Praperty;or(e)seeures from the holder of ehe Iien on �
<br /> � sgecr.�r��sat�f�r:��_*�t��.snder subordinating the lien to tAis Security Instrument.IP Lender determines that zny gart of �
<br /> the�i�peat�u����1t�,Er,t�s r� a lien which may attain priority over this Security lastrument, Lender may give Horrower a
<br /> noticx�soter¢6�'gtim�g eL�:�Ci�.Qnrrower shall satisfy the lien or take one or more of the actions set forth above within IA days
<br /> ofth�:��,.�g�,l na2ice.
<br /> '�. .Haa�ea�Ia�rso� Borrower shall kap tbe itnprovements now eaisting or hereafter erected on the P�operty
<br /> iruurea a;gACr¢st�:���sy h:�,:tr,�ards iacluded within the term'•extended coverage"and�ny other huards far which Lender ' '
<br /> requira i�s�cQ�a�, '+�":ks :r�surance shatl be msintained in the amounts and for the periods th�t Lender rcqnire�. The �,,�
<br /> insurence ee,st�mirs t;r�v��`.,u,�g e.�e insurance shall be chosen by Borrower subjut to I.ender's approval whicb shall not be
<br /> unreasona�lg w�•t?3,'s::�. �
<br /> _ Alj�r.s�.r�nct�o:�rr�u�d renewals shall be acceptable to Lender and shall include a standard mortgage clause. t
<br /> Lendcr ahajl:�a��e u!�:.:�1;.Tn r��;old the policies and re�ewals.If Lender requires,Borsower shall promptly give to Lender
<br /> al1 receipts of';p.a��:e:�:;��::�.-s1s and rene�:al notices.ln the event of loss�Borrower shall give prompt notice to the insurance
<br /> carrier and l.c:�;r:r.�.eT�cc�r�:,ay make��oof of loss if not made promptty by Bonower.
<br /> Unless Les�,:et a.�lB9u�ower otherwise agree in writing,insurance procoeds shall be applicd to restoration or repair
<br /> of the Ptoperty cSura�e�,+"fi t�,s ratorxtion or repair is economically frssibte and Lendet's security is not Iessencd. IP the
<br /> ratot�tian or rep�i.�is�;��vc�a;,omicalSy feuible or Lender's security woutd be tessened,the insunnce proceeds shall be
<br />- sppli�+d to the suar;�ses5�ed�y ihis Sety�.cy lnswment,whetRer or not then duc,with any excess p�id to Borrower. If
<br /> _ Borro+ver aband:nr,¢E^�gso�ny,o*:kos�a:�t answer within 30 days a notice from Lender that the insurance carrier has
<br /> offered to setHe a c'���.C�`'�u rt�3eT r�;-�;;'.',�t t1s.c insurance proceeds.Lender may use the proceeds to repair or resbre
<br /> the�roperty or to psy�s���s s�a;>ur�i���:=:a��:zt�. Instrument,whether or not then due. The 30-day penod will begin
<br /> whrn the notice is give�.
<br /> Unkss Lender�,��asrawtr as�rtn�:�e a�mx in writing,any application of proceeds to principal shall not extend or
<br /> post{wne the duc date of�C�v:�;sontlsl�pt�.�,--:ts re..re�re�9 to in paragraphs 1 and 2 nr change the amount��f the pnyments.lf
<br /> under paragraph 19 the F'm�,�:erey is ac,l:::e0 by Iw�s�er,Borrower's right to�ny insuranrr p„l�c�es arid prc�eeeds resulting
<br /> , from dunage to the Prope*tY ��►,�Jf t0 t�IC 8CQU1Slt���-:;.l:all yass to Lender to the extent of the Sums secured by this Sea:unty
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<br /> Instrument immediatety pr��c ce the�r�:sition.
<br /> 6. Preserr�tton aaa�a��PrC�;[,e�seholds, Bonawer shall not datroy.damagc or substantialty
<br /> ch�nae the Property,allow:�-.,t 1�rage�t���eserrrate or commit wastr. If this Security Instrument�s on a k�selwld.
<br /> E3orrawer shall cotdply with tilu:};�-.��,��of ihe t�.se,and if Borrower acquires fee titte to the Nraperty,the teasehold and
<br /> tee��e��eh.�l n7?m'rgt�I�s E��`���sa ek��xger in slsisiag.
<br /> 7. Protection of i�t�"s �i;�e ie the T�aperty; Mortgige lnsunnce. IP Bvrrawer foils t� pe►form �he ' ��
<br /> — � covtn�nts ind greements coa�tyu.r,,xf,n�.;r,i�,�s Security Instrument.or thtre�s a legal proceeding that tnay sign�ficantty aAec�
<br /> l.ertder's riaht�in the Propertg���t�l�a�.�,�raceeding in bankrupicy. prabate, Por condemnatian ar tu rnforre I�w�ur �t
<br /> rs�ul�tions),Ihtn L,trtder rn�y$.�e;��;ang?L"c.+��i:at�:�rer is rtectss�ryr to protect the value af tht Pr�prrly anct I.rndcr's nKhts �
<br /> �n Ihe Ptnperty, Ltnde►'s aet�-:+�s�a3r:;._�u�: �cy�r,g any sutns secured by a lien which has�+r�oniy��ver �iuti Srcur�ty N-
<br /> instrument,ap(iearing in copst.��z;���r.�:.sc��,f:�'M.�f.tarneys'fces and entenng nn the Praprrty tc�rnoke rcp:,�r� AUh��ugb �
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<br /> _�; l�ender may take oc�iun under t��s�cy�r�:r�,7.�.cnder dtyes nnt have to dn sa ,,�
<br /> Any amtiunts ditbursed b}°��iE:r ur.�e�th:s pategraph 7 shnU beeome a�id�t�cma!deht uf Hurst+a•cr�.cc•utcd h�;th�c
<br /> � 5arur�ty Instrument:Unitss B�stro����^�t)i.r��et agrte to other tcrms t�f paytnent.Ihecr am��un i ti�h,�lt h�•ar u��r res�frntn
<br /> ,� the detc ut disbursemrnt at.fhe hc�'i��:%t'x at'��1 4,�ta11 be payable, tvrth �ntetesf, upnn n+�tit•e (r.�m i cn�i!•r ��� l4��rrE+�rr
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