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<br /> UNiFORM CovENAt�TS $or�awer and Lender coven�n 9Q""�`10�4 S 9
<br /> � l. My��eut ot P�i�ci'a!u�d I�terat;Prep�y�nent au� �all promptly pay whcn due
<br /> the princip�l oi'and inter�st c�n the debt evid=nced by thc Nptc as arses due under the Note.
<br /> 2. F��fix'�'�x��ad Lqqs�uece, Subjec!to applicab Lendtr.9otrawer shall pay
<br /> ta Lender on the d�y mauhly p�yments�re due under the Na! 1,a sum("Funds")equsl to
<br /> one-tw�dith of: (a?�yesrly taxes and assessments which may � �rity Instrument: (b) yearly
<br /> lasthntd p�yments or gmund rents oa the Property, if any; premiums; and (d) yearly
<br /> mort=a�e insurance premiums,if any.These items are called•'e imate the Funds due on the
<br /> basi�of'current data and rasonable estim�tes af future escrow it�
<br /> The Funds shall be held in an institution the deposits or a �r guaranteed by a fedtral or
<br /> state�=ency(Including Lender if Lender is such an instituteon; ds to pay the esc�ow items.
<br /> Lender m�y not chu�e for holding and applyina the Funds.an ng the escrow items�unless
<br /> Lender p�ys Borrorrer intaest on the Funds and applic�ble ta� ch a churge.Borrower and
<br /> �er may ag��n w�riting tttat interest s,hall be paid on the ,is made or applicable law
<br /> requira interat tQ Ex paid,Ltr�c�ec shaE�cn�a�+e rcquircd.t�a pay �in,�s on the fiunds. Lender �
<br /> shall pve to Bornow�ee��wit�II CL�a�e.am��raa;acewa�:�:•r,�s�f i debits to thc Fueds and the
<br /> purpose for w�hiclk atth debit t�a aL�e Fncnds a•ss¢aade.The flmds riry for the sua�s secured Ery
<br /> cbis Securicy lns�rec�mn:.
<br /> If the unount of the Funds held by Lender. together witl s of Funds pAyable prior to
<br /> the due dstes of the escrow items.shall exceed the amount requii ien due,the e�cas shall be,
<br /> at 8orrower's option�either promptly rcpaid to Borrower or crc �payments of Funds.If the
<br /> amount of the Funds held by I.ender is not su�icier�t to pay the C ver shall pay to l.ender any
<br /> amount necessary to make up the deficiency in one or more paymi
<br /> Upon p�yment in Poll of all sums secured by this Securit� �mptly refund to Bottower
<br /> any Funds 6eld by Lender.lf under p�aragraph 19 the Property is .ender shsll�pply,no later
<br /> than immediately prior!o the sale of the Propeny or its acquisit d by Lender at the time of
<br /> application��credit against the sums secured by this Security ln
<br /> 3. ANIkallo�ot P�y�enb. Unlas applicable law pra received by Lender under
<br /> puajraphs 1 and 2 shall be appliod;flrst.to late chuges due unde nent chuges due under the
<br /> Noto;third,to unounts psyable under pusgaph 2;fourth,to inte due.
<br /> 4. G1�Lie�s. Bonower shall p�y all taxes,assessi xitions attributabte to t�e
<br /> PropeRy �►hich may attain priority,over this Security Instrun � or ground rents. if any.
<br /> Horto�ver ahsU pay these obligations in the manner provided in p� et manner.Barrower shall
<br /> pay them on time c�irectly to ths Fer�cn owed�wyment,gorrawet ider all notices of amounts
<br /> '�paid�nder th��paragraph.lf Honower makes these payme romptly fumish to Lend�r _- -
<br /> ----e.l.. ......�:.g...e pr :ntatiy.
<br /> Borrotver shall promptly discharge any!im which has pri� ment unless Borrower:(a) � �
<br /> asrees in rvriting to the psyment of tho obligation securod by the lii ender;(b)contests in good -
<br /> faith the lirn by,or defrnds against enforcemrnt of the lien in,le& oader's opinion opente to � -
<br /> prevent tbe enforcement of the lirn or forfeitwre of any part of th� �the halder of the lien an �
<br /> , a�ramrnt satisfactory to Lender subordinating the lien to this Sec ':
<br /> the Ptoperty is subjoct to a lirn which may sttain priority over i etermines tlut any pnrt of ;
<br /> notice identifying the lien. Borrower shall satisfy the lien or take o der may give Bo�rrower a �
<br /> of the giving of notia. �rth above within 10 days
<br /> s• Harud Iesura��e. Borrower shall keep the improver. r erected on the Property � r
<br /> insurad aaainst loss by firc,haruds included within the term•'eata hazards for which Lender
<br /> reqnires insurance. This insuranee shail be maintained in the ar �at Lender requires. The
<br /> insurance qrrier providing the insurance shall be chosen by Bor irova! which shall rtot be
<br /> uarasonably withheld. �{�rr
<br /> All insurance polici�c u�d renewals shalJ be accsptable to andard mongage clause. �
<br /> Lender shaU have the righE to hold the policies and renewals. If Le promptly give to Lender
<br /> � all receipts of p�id premiums and renewal notices.In the event of 1� pt notice to the insurance '
<br /> carrier and Lender.Lender may make proof'of loss if not made pror
<br /> Unless Lender and Horrower otherwise agree in writing,insi d to restoration or repair
<br /> of the Property damaged.if the restoration or repair is economical ity is not lessened. If the
<br /> reatoration or repair is not economica!!y feasible or I,ender's secw urance proceeds shal!be
<br /> appliod to the sums secured by this Security Instroment.whether :ess paid to Borrower. If
<br /> Bortower abas�dons the Property.or does not answer within 30 da the insurance carrier has
<br /> o�'ered to settle a claim.then Lender may colltct tht insurance pra :ccds to repair or restore
<br /> the PrapeRy or W pay snms secured vy this Security tnstrument,� 30-day perind will!+egin
<br /> �kea:ht nosic;,is giv�.
<br /> 1lnlas Lender and Borrower otherwise agree in writing.any icipal shall not extend or
<br /> postpone the due date of the monthly paymenu referred to in parag� iount of the payments.If
<br /> under paragraph 19 the Property is acquired by I.ender,Bonower's s and proceeds resulting
<br /> from damage to tht Property prior to the acquisition shall pass to Le secured tny this Secanty ' - --
<br /> Instrument immodiately prior to?he acGuisi:ion. •
<br /> 6. Presenadon and M�Intentnce o!Prope�;I,easeholds, damage os s�bstantially
<br /> change the Property, allow the Propertyto detenoratt or commit �ment �s on a leasehotd,
<br /> Borrower sha11 compSy with the provisions of t4�e lease,and if Borro� perty,the leasehold ar.d
<br /> fee title shall reot merge unless Lender agrees to che merger in writing �
<br /> 7. Protection ot I,ender's Rig6ts ie the Property; :4iortg or fails ¢o perform the �';�
<br /> L covenaQOts and agreemcnts contained in this Secunty Insrrument,or may significantly affect
<br /> Lender a rights in the Property (such as a Qroceeding in bankrupt n or to enforce 1aK5 ar ���
<br />, regulations),then Lender may do and Ray fas whatever is necessary t� :rty and L.ender's nghts ^
<br /> in the Properiy. L e r sder's actrons may include paying any sums sei �nty over this Secunty to
<br /> Instrument,appearing in court,paymg reasonable attorneys'fees an� nake repa�rs.Although ���
<br /> Ltnder may take action under this paragraph 7,l,ender dces not hav�
<br /> Any amounts disbursed by Lender under this paragraph 7 sh� ;,rro�ycr snured$y ihts " '
<br />: Scrunty lnstrument. Unfess Borrawer and Lender agree to other ten shall t+ear interect from
<br /> the date of disbursement at the Note ratc and shail he pa}•able. H n Lender t� Horrowei
<br /> tequesting payment
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