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<br /> Utv�c�01eM OovEAtwN'1�5. Borro+Ver aed�.eeder care�nt aed asra u follo�s: ' • < . , '
<br /> i. �in�e.e er�et�..�taen��.n���ne a.r�n, eo,raw�st,av�romQt�y�y we�n aue .
<br /> " � ' tbe priticipd otand interat a►thedebt ei�denced by the Note:nd any prepayment and late charges due under the Note. �
<br /> • _ � 2 Fii�ir trTiuop�aM I�■raua Subjaet ta spplicabte ls�v or to a written w�a,iver by Let�der.BQno+vu shsll p�y
<br /> �to Lasder oii the day monttily pyments�+e due under the Note,aaul[he Note is paid in full.:sum(•'Funds")equal to _ � �
<br /> � caatwrdRl�o� (s}yeuly tsx�s�ed �tsmants�rhicb msy attant prioricy aver this Security Instruma�� @} Y�r1Y'
<br /> �� P�Y�ts a around rmts oa the Propecty. if aa3; (cy 3rearly husrd insursnce premiu�e�s; and td) yeady .
<br /> s�o�t�ye inwraece premiwas,Ju►y.The3e itm�s are ra}Iod"escrowr items."ifi�der may atimate the Fuads due en the
<br /> . b�sis af�rreut data and re�oeabie�imataof f6ture escru�r itans. � ,
<br /> ` T!u Fw�ds=h�11 be beicl in m instit�tion tt�e deposits ar acconnts of wi►ich ue insured or gwrantad by s federsl or �
<br /> wte s�ncy(inctudin=i,ender it Lmder is such an mst�tutian).l,ender shatl appty ttu Funds to psy the acrax items.
<br /> La�der may na cl�u�e fot hotdinj aad sgplyinE the Funds.analyzing the accoant ar verityins the escro�r items,unkss
<br /> - I�e�der{r�ps Borrioavtr�ntsr�tt on tbe Fuada and applicabk taw►permits Lender to m�ke'such a chuae.BorroMer ar�d
<br /> . � i.eade:aiay adr+ae in�eritina thst intaat abail be paid oa the Funds. tJnless�n a�retnnrnt is made ar appliatble!sw
<br /> t�e�na�iatenxt to bc psid.I.esder sb�tl not be required to p�y Bcxrmrer any interat or a�reirtEs on the Funds.t.ender �
<br /> � s�ll pve w 8orrorva,�ritbout ch�r�e.m annua!accamtieE of tbe Funds showin�craiits and debits to the Funds snd the
<br /> . parpote 6at Mhich e�ch de6it to tbt Funds�vu msde.The Fands ue pledEed as sdditiac�al security lor tbe sums secur�d by
<br /> � , � t�SeauYty Imtrunjent� ,
<br /> Uthe steotiet orthe Funds 6e1d 6y Lp�der.W�etheri�ith the fu;pre monthty psymints at Ftwds psyabk priar to
<br /> tLe dae dsta af the escro�v items,shall exco�che ajnouat reqaired tQ�t6e escranv itans w�has due.the earess ahall be, .
<br /> � - . . ..: �t 8omn�ver's option,a�er pron►pUY npaid to Botrower os Qr�di�t'�;$�rrawer aa monthlg�sents oi Fuads.If tite
<br /> �aaxpunt olthe Fuads beTd by Lender is na�t suf6c�ent to pay t�c csrra�i::�s whm du�Sorro�rer sluU pay to Leader any
<br /> � amouat neoeuary co m�ice up tbe de6cirncy in ons or more psyments as requirod by Lenda. �.
<br /> : . . Upau�ymatt.in full of dl sums se�uted Dy this Socurity Gssti�.r+ent.Lertder sh�ll promptly refund to Borrower .
<br /> � aay,Funds hdd by Lesiikr.ii under panaraph 19 thc Prnptrty is sofc�c�.�uirat by i,ender.l.es�der sha11 apply,ao later
<br /> t�o immediately prwr ta tbe sak af the Praperty or its acqaisition���der.any Funds hetd by.L.ender at the ame oi
<br /> apptie�ation as s cradit apinst tbe�ums securrd by this Secasiz�instrus��: ' � �
<br /> �. �A�iieatloi ol P��ats. Unkss applicabk is��.ravides athetwise�i�'a�;�ayments received by i.a�er under ... .,
<br /> . . . puynpks f sn�2 ahstl be applied:firat,to ute chuses dut ss�ier the 4�ce;second.to prep�yment chuses Que under the �. .�
<br /> Not�third.to amouaq psyabk under p�rag�p��;foprtb,ta int�resi�and tut.to principa!�re.
<br /> � 4. �r�Lieis. Borrower ahsll p�sy all tues,�ssessments;cl�uges.fines anA impo�itiaas attribuubk to the
<br /> Property �hich may atuin priotity.over this Security lnstrumrnt. and feasehold payments ar�round reats, if aay. . �
<br /> Borro�ver sh�ll pay these ObliaaqOns ia the m�er providod in puagaph 2.or if not paid in ihat maaner.Borto�ret�hall _
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<br /> - p�y t�em on ti�e�ractly to t�e person aMed p,yment.Borrower ah41 promylty fumish to Lender all notic�es of unounts �
<br /> � to be paid nnder ttus p�ritp�pb.if Borto�ver malces theu psymtnts directly. Bor�ower shal!promptly fumish to t.endet
<br /> _ reoeiptsevidencin�tbep�yments. •
<br /> , � Horro�ver sha!!protrtptiy dischar�e atny lien whi�ch hu ptiatity aver this Security lnstrumrnt unless BonoNer:(s) '
<br /> a�rees in�rritie=to the psyment of the obliptian securad 6�i t��e lirn in a mtnner acceptable to Lender:(b)contests in aood _ _
<br /> fiith tl�e Um by.or defends aaainst entarcemetit of the lirn�.�.le�l prace�inds Mh;�m the LaMa's opinion cprrate to --
<br /> preven�the enfarcemrn�af�he lia,or forfarore ai,�ny an of�he P�openy;or(c)secnra frocs t�et holau oi tht tiai an -��
<br /> ajreanent.satisfactory to Lender eubordinatinj the tirn to tAis Security Instrumm�ft LenQer da'.armines that any pan of "�''
<br /> the Propetty is aubjeci to�tien which msy�tain priority over this Security Instrutnsnt, t.e:►Qitr msy gire Barrower a
<br /> notice idrntityin�the lim.Horrmrer sh�1!sati�fy�he lien ar take o�e ar more oP the sctians set fonh sbave Mithin 10 days
<br /> � o�the�irinjo�notice. . � , '
<br /> � S. H�s�e+/I�t�oe. Borrawer slull icerp the improvemrnts now�existiqE ae�hereafter erocted on the Property 3
<br /> • insur�ed apinst lots by�a,harard�i»cluded within the term"extended caveraae"and any otAer huards for which Lender �
<br /> � s�pquira insur�nce.This imunace sh�ll be mair►tunad in the amounts and !or t6e-�eriods t6s�t I.eAder requires. The .
<br /> � inwnna carrier providir�the�nsurance ah�ll be chosen�v Barrvwer subja�to g,cnder's xp�rawl which shall not be
<br /> � . unteawnably�rith6eld. ;�►":
<br /> � AI!insunt�e policies and reneN�ls shall be aecepta'sSe to Lerder and shdl include s sUs�dard mortaaae cf�use. ��
<br /> Lender�hall have the rijht to hold trie policies as�d renewsts.It l.endez�r�quires.Borrower s4�a11 prump�ty�ive to t,ender
<br /> al!ra�eipts oP paid premiums and renew�l notices.ln the event of loss.�errower shsll�ive prom�c notice to the insurince
<br /> carrier and Lender.Lender msy m�tce proof ottoss itnot mde promptly by Bonawer.
<br /> Unkss lxttdex�nd Horrowtt otherwise�gta in writina.insurance ptaceeds sli�i�be apptied to restoration or repair
<br /> of the PropeAy dama�ed,if the restoration ot rep�ir is ecanomicofly feuibir anQ Lr:ider's secunty i"s net�trssenc0:If tAe �� ���� �
<br /> ' ratoratiae�or repait as�not oconnmically feas��,'e or Lender's security would be lasened,thr insur�nce procaeds sha!{be
<br /> spplied to the sums ssc�ccared by this Secur�tK tr,sstrumrnt.whether or nat�hen due.r�ith any exctss ps�d to Banower. lt
<br /> �arru�ver a6andons iE4e Praperty.or does aot answer within 30 days a notice from Lercder that the insurance camer has
<br /> o�e[�ed to seuk s rLi�rr.then i,tader m�y ec�llect tbe insurarice procetds.Lender may nse the prpceeds t�repair or ratore
<br /> the Propeny ar to p�y sums socurcd by this Secunty Instrument.whether or nnt therr due. TAe 30�Qsy peno0 wilt beg�n
<br /> whrn the nWice is aive;�.
<br /> Unkss Latdet wfd Hottowrr otherwise agree�n writing,any applecet�on ai pr�xeeds to pnncip�)shall Rat e�ttnd or
<br /> postpane the due dtte of the monlhly payments refeneA to in paragrAphs 1 and 1 or change the amount of the payments.it.
<br /> ueder p�rasnph i4 the Propeety is acquired by Lender.Borrower's nght to any tnsurance pof�cus anB proce+eds resultmg
<br />� ftom damage talhe Property pndr to the ecquisitinn shall dsss to Lender to the eaeent af�hr sumg secured by th�s Secunty ,�__�_.
<br /> tnstrument immedi�idy prior to theuquis�tion. . �
<br /> f. Praervatiis�i Md�teaa�ce otPiro�er�;l,ta�ibolM. Barrovvet shaU not destroy.damage or substinti�lly � �
<br /> .-. . . ��e llsz Fr9�ss}.:lt�•!!tt Ftt�sty ia d..Ktrsaraic csr c�sssii�aatc:�$ikls�.�s�y Dr�scss�n� �a�a 1���ha�t#. . _
<br /> . Borcower ahall compfy wi�h the provisions c�f the tease,artd iFBorr�wer acqwres fee rnle to Ihr Pro�.+erty,�hc leasshutd and ,
<br /> � Pa titk sha11 not merge ualess Lendet aaree6 to the merger m wmmg.
<br /> . � � Protatio� ot LeMOer•�Ri�1b ie tlre Propetry; Mortg�ge lnsurancs, It Bnnawer fa�ls ta perf'i�rm ihr ��
<br />, � raverunts and agra�rnts contained in this 5ecunty lnstru�tnent,or[herr is e IegaFprcxeed�ng that may s�gmRcant{y aflcct
<br /> LenArr's ri�hts in Ihe Property(such as a procecdmg m bankruptcy.probace, for rnndemrtat►on ar to enforce Is�s or
<br /> re�ubtions).then Lender may doand p�y Por whatever�s nertssaty to ptotett nc��atue otthe Propeny and Lender's r�ghts �
<br /> . in�6e Froper�y. Le,�dsr's acttor�s�nav inctude pay�ng any sums seeuresi by a t�ers whrch has pnant� a�•er th��Se�um� �
<br /> ttutrume�f,appea�ting in r€�urt.pay.ing reasonabie atto�eys'fets ancl.erttenog csn slir praprs�y t!s snaice rtpa�es Ale�:augts �
<br /> Lrndet tnay take action u�der this paragta�b 7,lxnder does nM ha�e tv dn scs _
<br /> Any etfsuunt�disburstcl by Leetdec unda thts patagrnph 7 shall bere+me addmonaf deht of fiatt�uer se.ured 6v thas �. �.-
<br /> 5ecurity Instrumeni.Un[ess 8orrower and Lendrr.agree tvother terms c�f payment,the5e amoun�5 shal3 hear rr►ttrect frnm
<br />� the datr of disbursement at �he h'at� rate mnd shall be payaDtr. w�th mterest. upon noticr h�-�m Lender rn HurrE�wrr
<br /> requesting payment. . .
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