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<br /> UNIFf�RM CqvEN�NT�. BorroN+er�fld l.en&r eovcn�nt antl igrce as Palia�rrower shilt n�m t!y paY'���en due
<br /> 1. P�Y�t�t P►i�ciMi Mi I�1�e�!e'�Myw�H�M[.�t�CMK�es. P P
<br /> dha princ;�l of and interat a�the dsbt evidenceci bY�he Nate�nd Any�re�ymcnt and late cher�es due u��1er the Note.
<br /> � ;. ��f�T���[�r�• �ubiect to applicwbk l�w or to a written waiver by 4ender,8c�rrawer shall�sy
<br /> � ��(,,�����he daY nta►thly�yn+e�ts arc duc under the Note. until th�N�te is pAid in fuli.a sum("Funds")equal tc�
<br /> oue-t�reiRh al: ta) �►ariy t��c�s�d ��a w�hich may att�tin priot'ity a�es this Secasiry tt�+uusnrnt: (�1 Yearty
<br /> . {�ho�d p�ymen�s ot �rounsl �nts on �he Prnpetty. if aoy; fc)yea�rly h�urd insursnce premiums: �nd (d) ye�rty
<br /> ����n�ne����tna.;f uyy,T{'�e��rnt�ate calkd"escrow ilems."Le�m��r estimatc thc Funcis due on the
<br /> be�of cutreet d�ta and t�e�on�bk atinu��es of future exrowr it�cn�.
<br /> Tbe�'unda�It be held ie an institutian the de�+osits ot iccuunts of which are insurod or�uaranteed bX a feder�l or
<br />_ �bte pa�cy(inrludin�[.ende�it L,�nder is sueh an institution). L.end�er shall�pply�l�e Fundc to My the escraw items.
<br /> LMde�msy nat chor�e foa hoWi�a�and�pplyin�the Funds.Rnalyxins the sccount or verifyins�he escraw items.unless
<br /> ���rs�o�rK���er�t on the F�nds�nd tppliqbk l�w permits Lender to m�ke such� cluuae.Rorrower ant!
<br /> 1,Mde�may asra i�writins that jnterat shall be paid on the Funds.Unlas�n �dramenl is made or�pplicable law
<br /> ;-�—i n�ire�intercat ro be p�id. Lender sh�l�^ot be*equired to p�y Hotrower any iaterat o�esmin=s on the Funds. Lender
<br /> th�q�i�re to SormMer��ritbc�t chu,e�a�annuai�ecountins of the Funds showin�ercdits snd debita ta the Funds and the
<br /> purpo�e far Mhich ach debit to the Fun�ls was m�de.The Funds are pledjed u addition�l aecurily ior the sums secured by
<br /> tl�Sacu�ity I�st�ument.
<br /> If the an+ount of the Funds held by Lendcr.to�elher with the Puture monthly payments oP Funds p�yable prior tA
<br /> tht due d�ta d'the exrow items,shsll excerd the smaunl required ta qy the acraw items when due,the excess shall be.
<br /> ���ro�,K�y option�either promptly repid ta sorrower or credital to Harrower on mouthly psymrnts of Fnnds. lf the
<br /> �mouet of the Funds heW by Lender is not auAkient to py thc escrow items whe�due.Bonowe�shall p�y to Lertder any
<br /> amount necessary ta malce up the deAcirncy�n one or more psymentsas required by Lender.
<br /> Upun p�yment in full d'�lt aums xcured by this Securlty lostrument,l,ender shall promptly refund ta 8or�ower
<br /> �nr Fur�held by Lmder, If ueder p�rasraph 19 the Property is sold or uquired by l.ender,Lender shall arply.na latee
<br /> than immedi�tely prior to the sale of the Property or its�cquisitiae by Lender,any Funds held by Lender at�he�ime�f
<br /> •pplicstion aa�credit o6ainst the sums secured by this Securi�y Instrument. •
<br /> 3, Aplic�tio�u/psr�b. 1Jnlas appliqbk law provides otherwise,all payments rcceived by Lcnder under
<br /> psn�rsphs 1 and 2 sh�l)be applied:fltst.to late chu�es due under the Notr,second,to p�ep�yment chargd due under the
<br /> Note;thitd�to amounts psysbk under pary6npl�2;fourth,ta inttrat due;and I�s1,to p�incipal due.
<br /> �, �r�er, 1,itM. 8orrower shtll pRy a!1 t�xcy,assrssments,charges.flnes and impasitin�s attributable ta the
<br /> Frapeny which may atuin priurity over this Security Inslrumen�, and Ieaxhold payments or graund rents. if�ny.
<br /> • Horrower shill p�y these obligations in the manne�pravided in�ra6raph 2,�r if not paid in�hpt mAn�er,Borra�er shall
<br /> pay them o�timc directly to the person owed payment. Borrawer shRil promp�ly turnish ta Lender all notices of amaunts
<br /> b be paid under this pan�nph. lf Horruwer makes thae payments directly.Horrower shall promptly f amish ta Lender .
<br /> �eceipts evidencinE the pryments. ,
<br /> � Borrower shall promptly dixha��e any lien whieh has priority over�hic Security tnctrument unleas Borrower.(a)
<br /> aarees in writina to�rt p�yment ai ttre arii6aiion xcurcu i�r:nc::��ti��a�;.:..r�.~.wr..:f•'•2�.•Iw ir I.nd�r��hl rt►iatrcte in¢[Yld
<br /> Paith the lien by,or defends aaainst enf�rceme�t of the tien in,legal ptoceedings which in the Lender's opinian upetatr to
<br /> prevent the enforcemrnt of the lien or farfeit�re of any p�rt of the Propeny;or(c)cecure�from tl�e hotder nf�he lien an
<br /> a�reement satisfactory to Lender�ubordinateng the lien to this Security Instrument.lf'Lendc�determineg�hat any par��i tl
<br /> the Property is subjcct to a lirn which m�y attain priority over Ihis Security Instrument.Lender may gi��e Horrower a
<br /> notice identifyin6 the lien.Borrower shall satisfy the lien or take ane�r more af the actions�e�forth above wi�hin i0 da�ys
<br /> of the 6iving of notice. `
<br /> S. Har�N I�wrasee• Borrower shal)keep the impravements now existing ot hereafter erertcd on �he Properly ��
<br /> insured against las by firc,haurds included within the term"eatended coverage"and any other hazards for vvhich l.ender
<br /> requires insunnce. This insarancs shall be maintained in the arnnunts and for [hc {+ericdc that Lender rey�ires. The
<br /> insunnce carrier Fvovidir�g the insurareceshall be chosen by Barrow�er subject to LPnder's appraval which shaq nut be ,i
<br /> unreasonably withheld.
<br /> All insunnce policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause.
<br /> Lender shsll have the ri6ht to hold the policies and renewals.lf Lender requires. E3�►rrowcr shall promptly give to Lender
<br /> aS1 receipts of paid premiums and renev�ril notices. In the event af tMS.�rrawer shal)give prampt noucr to the insurance �
<br /> curier and Lender.l.ender may make�soof of loss if not made prRmpt iy by Borrc�wer. �
<br /> � Unless L,enderand Bnrrawerotherwiseagae in w�ting,insurance proceeds shaU beapplied to restoration or rep:.ir
<br /> vf thc Property dasnaged,if the rest�rstion ur rcpair is aonomically feasible and LenQer's secur+ty�s noi le�scneci. If the
<br /> Kstoration or repair is not economicaliy feasibfe or Lender�secunty would br lessencd, the�nsurancc proceeds�hall be
<br /> applied to the sums secured by this Security Instrumen�,whether or not then due,with any exce�c paid to Iiorrower. If
<br /> Botrowe�abandons the Property.or does not answer within 30 days a notice from Lender tfiat the insurance carricr has
<br /> o�ered to settte a cltim.then Lender mty collect the imurance pra�crds. Lender may us�the proceeds to repair or ratvre
<br /> the Propeny or to p�y sums secuted by this Security Instrument,whether or n�►t thcn duc.'The 30-day period uvill bcg�n
<br /> when the notice is given.
<br /> U�less Lsneicr and&�rrower otherwise aRree ic��ri�ing,a�y aF•plicalauie t:i�tuececds to�nn�ipal chal# not extend nr
<br /> postpone the duedate of�he monthly�ayments referred to sn p�r�graphs 1 and 2 or changc the amount ofthe paymcnts. fi
<br /> under patagraph 19�he Propeny is acquireci by Lender,�trow�rs right to any in�uranee�w6cie�and procred�resultsng
<br /> from damage to�he Property prior to theacpuisiuon shall pass to Lender tc�the extent of the sums secured b� th�s Secu�ety
<br /> Instrument immMiately ptior ta the acqu►sition.
<br /> 6. Pre�et�atiata�i�fainteRa�ceof Prootrty;Le�seholds. &�rrow•er thall nnt dt��ro�.damagenr wbs�an�ialty
<br /> change the Property, ailow the PrapeFtti to drterior�te ur comrnii waste lf thts Scrunt} 1»�trument t�i�n a lea�chold.
<br /> Borrowu shaIl ec+mply with the provisions of the leuse,and �f Borrewcr acquires fee h�le to the Pr��+erty. the leasehc�td snd , - ---_-
<br /> � fet title sholl not merge untess Lender agrces to t�►e merger�n urit sng .
<br /> 7. P�otectian af t.ender's RiRhts in the ProOerty: �lortgtAt Insurance. fi Bnrrewer fa�i� i�+ perf��nn the
<br /> covenints and agreements rnntained�n th�s Secunty Instrument,cmhere iS a Icgal pr�ker-Jing tha� may Sig��ofi.anth a(fert
<br /> [.ender's rights in thc Prapeny (such a�� proceeding in banks�p�c��.pr�bate. fi.r condemnaiu�n nr s<•e»k�rce iawti ��r
<br /> reaul�tions),then Lendet rnay do and pay for whatever is neces�:�n•to pt�tecl the tialue of the Properly and Lender'ti rEFhts �
<br /> in the Property.4ender t aclions may include �aying an� surrt�sec�reci by a hen w�ich ha�pnorny cxer thts 5ecur,ty ��
<br /> L lnsirumens,a�pe�rsog�n cnurt.�.sy�ng rtasus�ablt at!orntys'fees an� enten*ig�n�he Prc��+en�•�ai maAe repau� :'�lshough �,
<br /> Ltnder may takeacnns�wTder�his paragraph 7.Lendet doer,not !�a�e todo sn ,�
<br /> Any amoun�sdisbursrd by Ler.der under this garagraph "'sh��t betorr►e add�tsanal debt of�orrc».rr�erured b��t his �`�:�
<br /> Secunty Instsument Unless HorroKer and Lenderagreeto other tenrssofpaymer�t,the�e aar�unts tihall ►scar mletest frc�rn �
<br /> the date of cf�sbursement at the Note ra�e and sha�i he i ayatste,N=_th �nterr5t, u�x+n n�:!�:c frnm t e�:Qer tu Sr�tTt•u�r �
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