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<br /> UNIFORM COVENANT�. 8oisow�r and tantter cav�tnt and ignea u ta�ows: �O� ������
<br /> i. Psym�nt o!'Principal and tnt���s� Pnpaytnent and latf Chargss. eonower snati prompuy pay when due �
<br /> ' • �the principat ot and ht�est on NR debt evidenced by the Nate end�rry prepayment and 4te chuges due under the Nate. �
<br /> ' 2. Funds tor Taxas and insu►att�. Subject to appiaa�ie hw or to a wriuen waiva by L�. Barrawer ahat pay.to �.
<br /> Lertder on the day manthy payrne�ts Qa due under the N�te.W6i t?+a Note�patd in!W. a aum {"Funda'� eaud fo anefivdRh af:
<br /> � (a)ye�ry mces and astasart�whkh mry atlain PAarftY mQ this Seeurdy fnatrumen� N)Y�h►Iaasahold payments or Qamd rerts
<br /> on a�Propecty, N ae�r. (�1reuH mare tnsu�rtoa preni�rns:�►a(dy yeWt�►m«tgtge tnsurance premturns.it ar,y. Tns�ms.re c�ea
<br /> "eaaow(tena." Landw mry�e the Funds due on the d�sts af cvma�t d�tnd taaonable�ta af tutrue esQawr�ems:
<br /> TM FwKls atw b�hMd In�hsUdnton the deposRs ar�ceourna�f whkh an inaurod or q�uvantaed 6y a fedwai air sttte pency -
<br /> (hdu�t0 tandes N L.w�dR E�au��hst�n). LenQer alwf appy ths Fw�ds to pay tfie esQOw Rems. lendw� mty not cNrge tcr
<br /> • haidnp�nd �ppyf�q tM finds. �n�tytlnQ the.tecourtt ar veeMytnp the esaow items. wd�s Lander pays Baeower Me�st an the
<br /> Funds and a�piwbb law pRmits Lander to mdce sucb a c�arQe. A chuge assessad by Lander In�onneQJon wRh Baruwds sRsinQ .
<br /> irto tl�is S�auky tns�na�t to pay the cost M an tndependent fax rePortirtQ servia eha!not be�cl�arpe 1or quposes M the P��9
<br /> . sa�na.'Ba�rrer and Le�de►may agriee tn writ�►g that Maesi ahall be P�d on the Wnds.Untess an�9rsanan.is m�ds or�bie
<br /> faw aquires hterest ta ba paid,Lender sha!not be required to pry Bartoweir any interest br e�minQs on tAa Wnds. Lender s1W�ive to
<br /> . Bortower �ithout ciw�e,�n annual aa�ownting ot tAe Fun�sl:owing cr�ts and debits to tt�e Fuads�nd ths purpose for which each
<br /> dabU ta the�tmds w�s tr�de: The• Funds are pkdged as ad�ionsl aecurfty for the surta aeared by tfits Security InaWrt�eni -
<br /> . B the arnount ot tht�unds hdd by Lenda, togetha with�e fuwre swnthty payrnents oi Funds psyable prlor to the dus dates o1
<br /> the esarow Rem,s.stral€�cceed ihe�mount require�d to pay the esaow Rans when.due,the excas staE 6R at 8arowds op�fon.alhe►
<br /> praar+p�lyt repafd to-Bartower a a�dited to Boaawer on rtwn`�ptyments of Funds. H the amaunt af tt�e Funds hetd by Latdu is not .
<br /> . sufid�ri ta py the eaaaw ke�ns when dus. Bocrower s[�ai pry to Lender any amount necess�ry to malce up the�af►in one or
<br /> a�ae�ii�a�ts as raquTrsd by Lendeu `
<br /> � tt�se?�p�ryrt�t b fW oT a�sums aeatred Dy�i3s Securily tnsWment letdev shaA prompily telurtd to Bortowes a�y �unds held by
<br /> f.�des fi�under puagraph 19 the#'taDeRy is sci�cr acquired by Lender. Lender shaD app[y.rto tater than krune�ai��r i��e s�te
<br /> ;..ot th�`I�peRy of ita l�cquisRiott t�i:��nder. any Funds.held.�y Lender.at ths tbme of a�Hcatlon as a c�t a�st t`.�-s�ms secured
<br /> � ,by thia SeCUrfty tnsLrUment • '
<br /> 3. Applieatioa of Payme�.Uafess�pBcable law provldes othetwlse. all payments received by Lend�under pua�aPfts 1
<br /> and 2�hy!»appYe�ffrst.to tate charges dca;,..^Ider the Nnte: second to prepayme�t charges due under the Note;third.to amauMs
<br /> WY�uaQsr p�u��aph�touRh.t�interest de�::and fas�t�prhdpal due.
<br /> 4. Cft�r��U�OS. Borrowdr aha0 p�y a�i�xes. assiessnents,charqea.Anes a.��imposiUons attrbutabie t�ti�[e i�aperty whkb ,
<br /> � mry atWn priorfly over this Secutily tnstrumertt, a��4easel:�.�ayments or�ound renis.it any. 8orrower ahall pay fhese obGgaUona in '
<br /> tiie rtw�ner provida�ars Pua�aPb 2. a it arx p�id fn that r,�e.R:cer. Bosr.v+�xr ahaN pay them on time directly to the person uwed `:�.
<br /> . .`• payrnent Borrowar s�,�At pxomPUl►iumish to tiie i:se^9er aN noUces ot amou.�ls g�be paid under this paragraph. li Bocrower m�c�tl�ese
<br /> payrt�ents�ectly.Barower aha/�rarrPtlY 1ur.ts`�to Lender receipts evlQencing the pay��.:s.
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<br /> Bortower ehaM promptly dischuga ar�y fccR�►^.�icb has pdorfty avet this Searrity fnstra�unfess Borrower: (aj ��ree.s in wrftirtg to �� ��
<br /> the psyrt�►101 tho obNpetlon secured by theYzz^ ia s rr►�nner accepiabte to Lende�: (bj ear�tests In good fafth the Gen by, or defends
<br /> atg�inst eniorcanent ot the Nm i�, fegal proae��s whlcb in the LenQer's opinion operate to preve�t the entacernent o1 the Ren or • �
<br /> ". foAdture ot a�ry puC ot the Propary: or(c) sea::es fram the hotda o!the Uen an apreem�t sattsfactory to Lender aubordinath�the�en ' � =
<br /> to thts Security Instrumen� If Lende�det�smlrtes that any paR of the Praperty t,�subjcct to o!?�n v�h1cl� may alt�.�x �.esHy over this y
<br /> Security tnstrumenf, Lenda may yhre Borrower s noUce ident�tyinp the aen. Borrawer sfia0 satisty the�en ar take a�e or more ot the ' ;�
<br /> •actfons set fortb �bore wlthin 10 daya ot the Qh+ing of notice. ���
<br /> . 5. tlazard tnst�eanc�. Barrower sha�k�ep the fmprovements now exlstinp or henatter erected on tha PmpeRy(nsured �ainst .
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<br /> tost by 1ke. hmrda indutled w`►�rc�t5e tern �xtended coverage" and arsy other hazards for whlch Lender requires insuranca. This
<br /> ir�a�rece ahaY be m�Y�tained b tT<c+eezounta artd tor the perfacffs that Lender requires. 'Ct�a tnsu►ance eartier provkAnp the insurance �_
<br /> ahal bs chosen by Borrawer subjecs ta len�er'a approva�wh�ns�e ahaN not be unre�sonatdy wfthhetd. �
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<br /> JIII irtaurmce poticks and renewala ahali be aceeptabb to t�te lender�nd ahaN tnclude a atandard moRyage clause. Lender ahaN � �
<br /> haw the dpt�t to hoW the palcies end ranewais. �.!Lender re�uires, 8arower shaN prompty yve to Lender aN receipta of peid prerr�iums �,'`-;
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<br /> and ronew�l notloee. In ths event o1 bss, Bortoww shaA qiv��rompt notice to the insurance earrler and lender. t,ender may make
<br /> ' proof of bsa N not m�de promptly by Borrowr � �:�
<br /> Untess Lender�nd Bo�►ower othawtse agree In w�tir.g, insurance proeeeds sha�be appfied to restoration or re�r of the Property +
<br />: d�nQsd. N the reataaUon a repatr is econortircaily tassibte and LendePs aecurfty Is not fessened. If the restordbn or� �S not
<br /> ecaion�icaNy faasiWs a lender'a aacurfty woutd�e lessened, the Insunu�ce procceds ahaA be appAed.to the aums aec�xed '�g this
<br /> Security InaUumenL whelher a not then due.with any exc��qaid to 8onower. If Borrowa abu�dons the Proper[y.r�s does not tnswer
<br /> wfthin 30 d�ys a noUce from Lender that the lnsurance cu,:�r has oitered to settle s efaim, then Lmde� may �.J�ect the insu�ance
<br /> .. .. ._..praceeds._Lende►rrwy_use.the.p�aceeQs to.re�air.or.restxe�he PropeRy_.or to.pay.sum�.secured_by.�his_Security tnshument,_whether_..__.__.
<br /> .. or not then due.The 3Q�day perlod wi�begin wE:en the noUce(s given. ' -- �-. -�--.--- ...
<br /> Uniess Lender�nd Boerawer othenvtse agree in w�ting.any applicaUon o1 preCeeds to pdncipal shaA not extend er po�$sone the due
<br /> date of the monthy paymarts referred to in pangnph 1 and 2 or change the amount of the payments. if urtder parayn�ph 19 the
<br /> PropOety Is tcquired by Lender. Bortawer's right to any insurance policles and praceeds resufting icom damage to tl�e Properly prior to
<br /> the acquisKion sh�N p�aa to Lender to ths extent of the sums sec�red Ey this Securfty Instrument immediatety pdor to the acquisit�cn.
<br /> 8. P��s�rv�tion and M�intenance of Praperty; l.easehotds. eorrower sha�l not desvoy, damege or aubstantlauy
<br /> ch�npe the Property. altow the PropeRy to deteriorate or commit ws�te. N thta Sewdry tnstrument is on a feasehold, BoROwer sha0
<br /> eomply wNh the pravlsion�ot!he leese, and N Bortowet acqutres fee Utle to the Property, the teasehotd and fee tiUe-shall not merge
<br /> unkss ths Lender aprees to the merger in wri6ng. '��� --
<br /> 7. P�ot�ction ot l.ender's Rtghts in !he Property; Modgage t�surance. II Bonower taits to petiorm the covenants ,
<br /> and a9reenxnts contained In tht�3ecuriry tnswment, or thera ts a tegel proeeedlrtg that mey slgnfticanty eHeet the Lender'a dght U the ,
<br /> �oa�sy (auch aa.a pracaa�ding h benk�uptcy.probeta ta eondemnallan or to aninree taws ar regulat(ons), then lender mey do end :
<br /> pay to►whrterer I�necessuy to protect the vtlue of the PropeAy artd LenQer'a�ights tn the Property. Lender's acUons may Include . �
<br /> pYytn�any aum�aecured by s Ben whkh has p�lotify ovar this Securiry Instrument, appeer(ng in couA, paying reasonabte attomeys' �
<br /> tae��nd�nteMg cn the Property to make rep�irs.Akhough lender rrvy take aeqon under paragraph T, Lender does not have to do so. �
<br /> L� My�tnounts d��tw►aed tsy Lender onder peragroph 7 shall become eediNortal debf of Bortower seeured by this Security�nstrumen4
<br /> Untess BorrawEe utd Lertder egree to other ferms ot payment, these amounts shn!i bear interest hom date of disbursement at fha Noie �`?
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<br /> ate and ahatl bs pryabto,upon notico trom Lender to Bonower requesting pgyment. - �cp�
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