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<br /> UNtEioltM GovEN�tv'ts_ Bona�v�er aad La�du covemnt tnd agrx is follows:
<br /> • 1. Pa�t ot Prlicl/d aN Iiteres�Prepy�est aM Lte(��r�ea. Bortowu shal!promptiy pay�vhen due
<br /> the principaE af and interat�the de5t evidenced by the Note snd any prepsymeni and fate charga due under the Note.
<br /> �,Fo�a�s far 7'a:es a�i I�pra�c� Subject to appticable taw or to a�►ritten wsiver by Lender.&srrower shall pay
<br /> � ta Ler�der on th�day manthly p�ymdsis ue due anda the N�tG unul the Note is paid in full,s sum("Funds")equa!to
<br /> �-:e�'.h ef f�)YearJy tues and usasments Mt►ich msy attain prierity �ver tais Secarity fnstrusnenr, (b) Ysariy
<br /> iwsbdd PaYmenta or�soar�d nrnts on the Propecty. it any: (c) Yeu1Y hazard insunnce promiums; and (d) Y��Y
<br /> �borty�e���.iE say'it�se items ue caiied"acraw it�ms."Leade�ss�sy atimste tlte Futuis dut or�t1x
<br /> ba�ofc�trrent d�taandreaonabkGSiimata offutur�eescru�r items.
<br /> The Funds sbill be hek!in an inst�tution the deposits or s000unts of which are insurcd or Swrantad by s fodenl or
<br /> ��Y Cwcludinj I.eader if Leader is such ue inititvtion). i.ender shall appiy�he Funds ta p.y che acrow ieans.
<br /> _ i.esder msy not charae fos hoidini aad ippiyina tLe Funds,sn�lytia�ttse sccount or verifyinj the escroa itenfs.unkss
<br /> Lmder pys Borroxex intereit on tlu Fuads and applicable 4M permits Lender to m�1ce suc6 s chu(e.Harrwver snd
<br /> — iander nny atree in �ritin,f th�t interrst a�ll be p�id on the Fuad�. Unl�ss an sareemmt is made os applicabk Isa
<br /> roquires inte�st to be p�id,Lrnder sluU not be required to pay BorroMer uey interest or aminss on the Funds.Lender
<br /> stuU�lve to Borr+mrer,�vitho�+t charaG an annn�l�coountia�of the Funds sho.�ring credits and debits to the Funds and�he
<br /> p�upore Cor wrhich acB debit to the F�mds Mu m�The Faads ue ple��sd u addi�onal security for tlr=sums secured 6y
<br /> t�s Secusity Instruanertt�
<br /> I�tbe amouat ot'the Fusida hetd by I�ender,toaether�vith the future monthly payments af F�:eds payabte prios to �
<br /> tl�e due da�es a!'t�e e.scm�r�tam,alull exaed th�amouni raquirad to pay the escrorr items whtn d.ur.tht excas s6a1!be,
<br /> at Bormxer's option,etther promptty repaid to 8ortorer or s�¢�edited to Borra�ver ats menthly payn�nts oi Funds.If the
<br /> amount of tI�e Funds hdd by i.ender is not suficitnt to pay tlte acro�v items�rhen du�Borro�vvu slttll psy to I.ender any
<br /> �mount naoess�ry to malce up the de6ciency in one or more p�ymants as required by I�ender.
<br /> � Upor�pay�►ent ia full of�Il aums secund by thia Security Inawmeat,l.ender sbaU promptly refund to Borrower
<br /> any Fundf h,dd by Lendcr.If under pua�rapb t9 the Property is sold or acquired by Lertder.Lender shdl appty,no liter
<br /> lhan immadistrJq priQS to the sale oi'the Propaty ur it�acqnisition by Lender.any F�nds held by Latder at tht time of �
<br /> applicatiun as a credit aaainst t6e sums aecured by thia Security Instrument
<br /> 3. A�liatio�ot Pa�ae�tu Unless applja�ble la+r provides othaMise.all payrtKnts received by Lender under .
<br /> pussraphs t and 2 shall be applied:Ardt,to lste ch�rges due undet tl�e Nat�secand,to prepayment chsrges duc under thr
<br /> � NotG third,taamountspayible under paragsph 2;foutth,to interat due;and lut,to principal due.
<br /> � 4. G'wr�I�ti Borro�ver shall p�y aU turae�mmta,chuaes.fine�tn►�impositions attri6utib�e to the � ,
<br /> Property Mhich n�ay aitain priorily,over this Sect�rity Ias�mment, and.leasehokl� pa�enis ar gr4und rmu. if any. . :
<br /> BorroMer ahall pay thae obliptions in tlfe manner provided sn paragca�h�,or if aat ge�in�trat.mL�ner.Borrower slul] ,
<br /> pay them on time dirxtiy to tbe p�rwe oMed paymeat.Bontswrer s1iall�rrxttgdy fumIsti r_��Lender all notices of amounts
<br /> to be paid under this parapaph.If 8ano�er mvca these p4ya�ents directly,Borrower�.�a1!pramptly fumish to Lrnder
<br /> reaipts evidencina the p�yenents.
<br /> $omar�rer sh�ll promptly disclutr6e uty lien Mhich has priority over this Security Instrumrnt unless Borrower:(a) ,.
<br /> sarea in Mritina to the p�yment afthe obli�tion�ecured by the lienin atnaaneracceptabk tn l.ender,(b)cuntests in good , .
<br /> faith the lirn Gy,or defa�ds ay�inst enfor+cemeat oi'the Ikn ia.k�al proceedlnas�r6ich in the Lrnder's opinian opetate to -
<br /> prevent the enforcement oi th�s]ien ar forfdture otuiy part af the Fropesty;or(c)secures frorn the holder of 3he lien an
<br /> �gamrnt satlsfactory to Lender eubondinrtind the lien to tltig Security Instrument.IP I�rndsr determines that�.ny p�rt of -
<br /> the Praperty xi subject to a lien Mhiah may attaia�priority oeer lhis Sesurity lnstn.�mtre�,Lendu m3y give Bonower a -
<br /> notice identifyina the lien.BorraNer sh�ll satisfy the lien or take one or more of the utions set for16 above within.10 dsys _-
<br /> of the givina of notice. '� �
<br /> 5. Ha�d Iawn�ee. BorcoMer sh�l)kap the imprarernents noN eaistina or heraRer erected on lhe.Property
<br /> insurad a�inst lou by 8re,husrds inciuded wnthin the term"extendedcovense"and any other huatds Far whxh Lrnder
<br /> roquira insunnce. This iniunnce ehall be msintuned in the amounts asid fo�chs ptriods thit Lender requires.The
<br /> insunnce carrier providing the insuanee shall be chosen by Borroaet�z�ie�ct to Lender'a�ppravAl which shsll�ot be � �
<br /> unre�onaAly withhe{d. '- <
<br /> AU insurmce policies and rene�►aJs aball be aooept�bt�e to t.et�der�nd�h�tl inr.tude a sqndard mort�a�e clause. �j' ,
<br /> I.ender ah�111uve the ri�ht to hold t}�c policies�d rme�vatt.Tf Lenikr requires,Barrawer stwll promptly aive to Lender
<br /> �11 reoeipts oip�id premiumsand rene�va!notice�s.In Ihe evestt oilasf,Borm�ver�}�Il�ive prore�pt notia to the insunnce ' �
<br /> curier aad t.ender,i,endet m�y makt proMof loss ifnot madeptamptZy by Borroxer. � •c
<br /> Unless Lendet and Horrowet othenvise�ara in aritina.in�uran.ce proceeds shall be applied to restoratian or repair
<br /> of the Propeny dam�rod,if the ratontion or repair is economicaf�y fcasibk and Lender's aecurity is not Ieuened.If the '
<br /> ratoratian or rep�ir is not ecanomically fasibk or I�ender's socusity would be les�ened�the insurance proceeds shsll be
<br /> applied to the auma secured by this Socurity Iestrument,�hether or not then due�w�ith tny ezcess paid to Bor�ower. lP
<br /> Botro�ver�b�ndoris the Property.or dow not aruwer�vlthie 30 days a reatc,e!'rum Lender tbat the insurance carrier hu
<br /> olrerod to eettk a ehim�then I.ender m�y colte:t t�e insurance proceeds.Lender msy use tht proceeds to repair or�atore
<br /> the Property or to p�y wms secured by thi�Secudty Inetrument,�hether or not there due.The 30�day period�vi1)be�in
<br /> wl�er�the notice is glven.
<br /> Unkss Ler�dar and Borro�rer atherMise�sra in writin�,any�pplicition of procreds to pincipal sh�ll es�e extend or
<br /> postpone the due date of the rAOnthly paymente referred to in p�ra�phs t and 2 or c�anae the amount of the pa�ments.If
<br /> under pvsp�aph 19 the Property M�oquircd by Lrender,Borm�rer's ri�t t4�ny irtsurance policies end procee�s arsulting
<br /> . from damsae to the PropMy priar to the acquisitlon shill pus to Lender to the eacerca af Ihr sums secured by this Security
<br /> lnstrumer.i immediately prior to Iheacquisitian.
<br /> 6 Pr+eknatloe aMl Mst�teuwce o/Pro�j�;Lweinld�. Boir�wer sf��fl not datroy,damsge or substu►tialfy
<br /> ` chsnae the Property,albw the Proptrly to deteriorate or commit MatCG If this Secudty lnstrument is on�leasehold. ,---_.--_--
<br /> Botrw�ver ahall compty kith the pr�avisioas of the lase,and if Borrowsr acc{,uires fa litle to the Property,lhe leasehold snd � •
<br /> foe titk shall not mer�e unfess I.ender a�rcato the merser in w�ritina.
<br /> T. Pe+oteetio� of I,eNei'� A1si,ti te t6� Pro�t�, Martp�e tnsunnce. if Borrower fails to perform Ihe
<br /> covenant��nd agaments contained in this Security Inswment,ar there is a le6a!proceedina thst m�y ai�niflcan►ly aA'cet �
<br /> - Lenalor's rialhts in the Prvperty(s�uch�s s procs�dins ie b�nkruptcy,�robete.Pot Condemnstion or to enforce Iaws or
<br /> rejulatlons),then l.�er mfy doand py for�vi*.�tever is neces,wy tn�scr_ect the value oPthe Proptrty and Lender's ri�hts �,
<br /> � � In Ihe Property. II.emler•e setions msy include psyins�ny sums securec�C�y� lien whicb ha�priority over this Security
<br /> lnstrumer�l.yrp�tarir�in court,p�y:na r�aaonable attorneys'fees and enteren�o�*_rs Property to make repairs.Althouah
<br /> Lender m�sy raka actiun under thit piraaraph 7,Lender does c�ot have to do so. .., E .
<br /> '`"� Asiy emounts disburaed by L�t�der under thi�paraan�:�T shall be��c:it acfeiic:ohd debt of 8ofrov�er stleuted by this ►`�
<br /> — 5at;�r��.thstrumenl.Urtless Bnnower and Lender asree to other terms d.�'�a fr:r:t,these emounts shalt Dear interest from ��
<br /> - ; t�r date of disbutaement et the Nole nte and shtll be psyable, w�th interrst, �prm notice Prom Lender to d�orrower
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