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<br /> UNiFORA6 COYENA�iTS Borra�er and Lend�s.�mant ared agra as ioliows: �Q�,���S 3
<br /> " � 1. Payenent of Priadpel and InttrGS�Pre�aYr�vti�a Iatie C1ttu�ges � Borrower shalt promptly.pay when due .
<br /> the principal of and interest on thedebt evidenc�d bl�tba I�'eiteand any pr�ep�yman�uad�tat�;charges due undrr the Note.
<br /> 2. Fands for Tu,es snd Insantne�. Sab'y.st ta appl�cabte faw ar.to;a-wrixy�o,p�ai:ier by'l.aider.8orcawer shall pay
<br /> ta Laida on che day.manihiY paYmer�ts ar�dac undes.tha Note,unal t�RSNcta��:B�idcf:n,luUu�,sum("Funds'�equal co
<br /> aae•twetRh ofi (a)�yra�y tax�s and assessmtnts.which may attain�pFidrity�:o•rei�ibfa'�Secnrity�Instrument; fb) Y�Y
<br /> tmsehold paymmts or ground rer�ts on�tht.Property. if any; (G) yeartai�.�hna?nrd,i�ui$arance,p�,amiums; and (d)yeariy
<br /> mortgage insurance premiums.if any.,Thase items�are calisd"escr0w iiems:"�mdQc:may�,estimate the Furids due on the
<br /> basis of corrent data and reason�bkesdmates o8 fntnre esccaw�iiems.
<br /> The Funds shall be hdd in aa ansatution 2litdcQost����ccoor�;�Fhvtiich�arc.idsured or guaranteed by a federal or
<br /> state agmcy(including Lender if Lender�is suc5 an insrity�rica:�.,Lwd�r�itltli applp the Funds to pay the�w items. �
<br /> I.endu may not chuge fot holding and apptying tba F�cicds�.s"s�p��..�ci���acco�atuc,vuifying the escrow itams.vnie�.
<br /> I.eadtr psys Borrawer inurest on the Fuads and applira€��.Ia.i�r,pri�i:�9�I�eadec�ta�.mai�e such a charga Bartower a�d _ .. '.
<br /> Leada may agrec in wtiting that intetcst shatl be paicfc=�.�tti�,!?� Untess an�s�snt is madc ar�iisable law .
<br /> rag,tures'snurest w be paid,Leusies shall nct 6t requicedF�cx.�.y��irdwer any inte�esf or earnings on t�e Funds.Lender • ,
<br /> shaIl g�e to Borrawer,without cbarg�aa annaal accumi�in��t��F,:nds showing craiits and debits to tI�Funds and fhe -�
<br /> purp�se for whicb eac6 debit to the Funds waa atade.The F�ds aF�pJ:�dged as additional soc�it�for the sums secured by
<br /> tLisSaeuriiy Instrumsn�. ,, � �
<br /> �. Lf tha amaunt af the Fcu�ds held;by�.L��r,toge�;�?�h¢he future monthly payt�s�soi Fw;dspayable priar to�
<br /> the�.ie.�aus af.tha esccow ir,�s,.�l�tT�e�cad the amewz*:'fsiir�to pay the escrow itea�s��e�due.the excess shaU be. .
<br /> at BotiotivpP�.apu+�a;.�itl�c,gs�mp�1�1 repaid to Borro�r�rcredited to Borrower on rac��paym«zsaf Funds. If the � �
<br /> '� smount of,ihe�Fumfslsaicdt��i�'ileade�is noi sufficient to pay the escra�items when due.�zr�shall pas to Lender any
<br /> ;•, "� ntaouanneresss=y',t�tt�l�e;(�'t�deficiency in one or tnore paycnsrcts a,required by I.ender.
<br /> . .-. .,>. �yuiapa.iJ�fa3t��11 sums secured by chis.�scurity.�rsuumen�ira�er shall�su�,�ily r�uad to Borrowor .
<br /> �' aiey�F,t,��6�d b��I.ender.lf Y.r*�paragraph 19 tke��e�t�+i�s�%d or a�uited�S�r Lendu, �sder s�apply,no tater
<br /> `�'� . , than uramedi�tety Qrior to the sa:t of the Property or ets.�uisitiosa by I.ender.ar.y�unds h�d fi�y Lead�s at the time of
<br /> ' �� applicauoa as a credit against the sums secured by this Securiry Instr�ent. .
<br /> 3. A�pliatfoe o!Payments. Unless applicable law provides otherwise,all,payria.�::a recaeived bg i.ender under �
<br /> pasa�tcttpbs 1 and 2 stral�be ag�'-:�d:first.to late charges c��:e under the Note;secozsc�.w prepayment charges due undet the •
<br /> Not�t.�d,to amonnts psya6�e aader paragaph 2:foure�,to interest due;and la�t,to prinapa�due. ,
<br /> 4. Aarg,es;Liees. �smwer shall pay all taxes.assessments,charges.firtes and im�tions ait�utablr to the
<br /> � � Property wluch ma� a�tain Qhority.over this Secusity instrument.and leasehoJd paymcnzs�r ground rents, if any. •
<br /> Borra�►er shal!psy�sl�st obiigarias in ttu�a�er providod in paragraph 2,or if not paid in tha�manner.Borrowrr sh.�l
<br /> psy them on time direcdy to thr v,�son owe�g�ayi�en�Bonowrr shall promptly furnish to L.cnder all notices af ama�ts ' ' �
<br /> . - to be paid under this paragrap�s,If Borrower makes these paymenu direr.tly,8onower shall promptly fures•;�h so Lender ,
<br /> � , receipu evideacing the payments. ,
<br /> Borrower sha11 promptly discharge any lien which has priority over this Security lnstrument unless Harrower:(a) -
<br /> agras in writing to the payment of the obligation secured by the lien in a manner acceptabte to I.ecder,(b)contests in good ,�:
<br /> faith the lien by,or defends against enforcerr:�t of the TiGn in.legal procsedings which in the�der's opinion operate to �.
<br /> praent the enforcement of the tim or forfeiturt of any�art of the PropeRy;or(c)secures from the holdes of the lien an •`--'`
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<br /> agram�snt satisfactory to Lender subordiaating the lien co this Socurity Insttument.li'I.endcr determines tEias any part af �
<br /> the Property is sub}ect to a tien which may atsain priority over this Security Instrument,Leeder may give Boarower a t � "
<br /> notice identifying t�e lien.Borrower shall s3rrs�fy the lien or take one as more of the actions set forth above within 10 days 4�
<br /> of the giving of noti�.. �
<br /> S. Huud Iesurance. Rorrawer shaii keep the improvements now eaistirg ar heteafter erected on the Propeny � '�
<br /> insurtd against luss�i 6re,haiasd�s includod within the terrn'•extendcd covtrage"and any other hazasds for whi�h Lender �
<br /> rcquires insurance. '�his insurance shall6e maintainod in the amounts and for the period�ihat Lendcr requites. The ' s,,.
<br /> insuraace carrier gsefviding the insurance shall be chosen by Borrower subject to Lender's��raval which sha11 not be .
<br /> unrasonsbly withheld. , "
<br /> All iasurance policies and renewals shall be aceeptable to Lender and shall inclu�s a standard mortgage clause. ' -
<br /> Lender shall have the eight to hotd the poticies and renewals. lf Lender reyuires.Borrowe�SNaI!promptly give to Lender
<br /> all receipts of paid premiums and renewa!notices.ln the event of toss.Borrower shall gi��e p�a�mpt notice to the insurana
<br /> . carrier and Lendet.Lender may make praof of loss if not maQe promptly by Borrower. �
<br /> Unless L.e��r and Borrower otherwise agree in writing,insurance proceeds shall be a�p!;:d to restoration or repair
<br /> of the Propeny dam�ged,if the restoration or repair is economicaUy feasible and C.ender's security is not lessened. li the
<br /> restoration ar repaic is not ecanc•rnically feasible or Lender's security would be t�ned.the insurarrce proceeds shaq be
<br /> � _ applied to the sums secured by this Security lnstrument.whether or not then due,witb any excess pasd co Borrower. li
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<br /> Bonower s darz�the property,or.does r,cd�answer wit in 30 da��s a notice from Lender th.a.t ehe insnrance carrier as �
<br /> aRered to settle a ctaim.thm Lendermay ca1��+ct the insurance proc�eds. Lender may use the�roceeds to repair or rostote '
<br /> the Propetty or to pay sums secured by this Security instrument,whether or not then due.Tfle 3U-day period will begin
<br /> when the notice is givrn. .
<br /> Unless Leeder and Borrawtr atherwise agrte in writing.any application af pruceeds ta principal shalt not exttnd or
<br /> postpone the due date osthe manthly payments«ferred to in paragraphs 1 and 2 or change the amuunt of the payments.lf
<br /> under paragraph 19 the Property is acqu�red by Lender.Horrower's right to any insurance nolicirs and proceeds resulting
<br /> from damage to the Froperty prior to the acquisition shall pass to Lender to tht extent of the sums secured by this 5ecanty ;--__--_-_
<br /> lnstrument immediately prior to the acquisition. �
<br />' 6. Presenallon and Mdntentece ot Properf�;Lasehatds. Borrower shall not destroy,damage ar�ubstantially
<br /> change the I�roperty,allow the Property tn detenorate ar commit waste. li th�s Sec:unty lnstrumrnt is on a leasehnld.
<br />. Borronvtr shall comply with the pro��sians af the lease,and if Hc�rrawer acqmrrs fee t��le to�he Property,the teasehold and
<br /> fee titte sha11 not merge untess I.ender agrees to ihe merger�n writ�ng. `
<br /> �. PFtsttetit►n u!tx�#�r� �}�4s in tA� Pw�eHy: :�uetg� Iasnrance. 3€ I?tfsruwef faiis tv �serfarrrf t6e � t'T
<br /> eovenants and agraments conta�ned in this Secuntq lnstrnment,nr 4here�s a leRai prcx:eedtng that may S�gmfleantly affect y
<br /> LLender's tiBhts�n �he Property (such as a proceedmg in bankruptcy, probate. for cortdemnation or t��enforce laws or ��t.
<br /> regulattons),then Lencier may dc�an�+pay f�r whatever is necess3ry to protect the�alue of the Pruperty�nd l.ender ti nghts �
<br /> in tfte Properly. Lender's acucros may �nclude pay�ng any yums strutni by e Iten wh�rh has pr�nnty u�•er th��Serunty d``t
<br /> Instrumenl,apptanag►n ce�urt.pay�ng reas�nabte at�orrteys'fers anci rnurrnR on the Pr��+eny�r n�ake rc�+a�rti Alth�jugh ��E
<br /> L.tnder may takt act�un under�h�s parugrapF�7.t.ender dnes nut ha�e tud��+o ,._�
<br /> Any amt,unt�dnhut.tcf hy t_ender undet thic paragtaph 7�haJl hrcF,me:tdd�b��nal dtht.�(N�err�+uet cecuted by,lNtc ,.
<br /> Sttunty lnsttume:�t !!�tte�>N�+stF+we:ancl I:rruies agrrt ta:csaher tc+�sFC{si p�,.rncnt.Z{i�C iltflk:t:4lft SFf3II�C:1F!►IS�FC11 f!lft7T
<br /> --- -- ehe date of d�chui�ement at �he 'tie�ie sate and tih;tli he payah{t. �t�th mtt�re�t. �+�+�,n n�,nce Cr�*m I.ender tc� Ii��rtv�rcr
<br /> rr,yues�ing paYma�t
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