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<br /> ' . 1SNtFOAM CovEx�t!v7's. Borrower aad Lender cavenant and agrce as follows: . V`� � , ,
<br /> � ' 1. Fa�t ol Pri�c�d afNl I�tmtk Pre�ymeat�d Lttt C1�ar�ts. Burrower shalt promptig pay when due
<br /> ' the Qrincip�J vf�nd inierest on the debt e�idtnc��y tht Note and t�n}preQa�;ritent and tate chargec dae uader the 1\'ote. •
<br /> - . � � < �.. �wds for T�tf ssd taoesace. Sub�e�t w appli�abie taar ar to u�ri3ten�ai�er by Ler�drr,Bonaw u shal)pay
<br /> � to 1.ender on the day crtonth{y payments are d�ce undcr the Note,untit the Note is paid in full,a sum("Funds")equal io
<br /> one-hveUih �f: Ea)yeuly tau�es and assessmenta ahich may attain priority over this Secarity Instrument: (b) yrarty �
<br /> _ � •leuehn)ck p�Yme�u nr gcnund rents on�the Pmperty*,if ang; (c)Yearlyr,hazasd �ne�sanSS �FGiIIIUIIiS;.2t1� ��y }CdiIY . ..
<br /> martp�e insurs�itee ptemiums.�if any.Th�e items arc calied"eserow items."Lcrrdcr may esrimate the Fands due on thr
<br /> . ` buis ofcutrent�t�and rasonabte estimata of future escsow items. � �
<br /> � ?l�Fund�shs�il6e he[d'm an institation ti�e deposits or accounts of which sue insured or guaranfeed by a federai ar � . �
<br /> • state sEensy(inefudin;Lrnder if Lender is anch as institution). I.ender sha}I apply the Funds to pay the escrow itrms.
<br /> � ' Gendtr�aq not charge fot holding And applying the Funds,anatyzing the acconnt or verifying the escrow items.uniess �
<br /> " � l�der pays Borrawer interest on tht Fnnds and appticable law permits I.rndes ta make such a charge.Borrower and
<br /> � • Y.ender may ogree in writing that interest ahali 6r paid on the Funds. Unless an agreemrnt is made or agpticabte taw `, '
<br /> requitd interest to be�paid,Lender shalt not be required to pay Borrower any interat or earnings on the Funds.Lender ,
<br /> � siall sive ta 8o�ro�sr.without charge.an anaual accouatingaf th�Funds shawing credits and d�bits to the Funds and the
<br /> � purpose fo�which ach do'bit to t�e Funds was madc.3'ht Funds are ptedged a.s additiona!securiiy for the snms'sec�sred by ` , �
<br /> thisSecuritg Instrument.` . -
<br /> � If the amount of the Funds hdd by Lenaer,tugether wit&the future monthiy ppyments of Funds payable prior to -
<br /> � tbe due dates af the escroW items,shall exceed the amaunt reqaired to pay the escrow items when due;the eac�ss shalt be.
<br /> at Borra�rer's optian.either promptty r�paid to BorroR•er or crodited to Bonower on anonthly payments af Funds.[f the �
<br /> , amount of the Funds hetd by Lender is not sufficieat to pay the escrow itert�c wRen due.Bonavirer si�all pay to Lertder aay .
<br /> , amaunt necess�ry to malce up thtdeficiency in one or mbre payments as required by Lender. � �
<br /> Upon paymrnt in fult of all sums secured by this Securiry tnstrument.txnder shal!pramplly refund to Borrovrrer .
<br /> any Funds h,eld Dy L.ender.If under paragraph 19 the Property is u�ld or acquired by Ixnder.Leader shalt apply.rto later
<br /> it�act immediately prior to the sale of the Propeny or its acquisition by Lendet.any Funds hetd by[:ertder at the time af ' , -
<br /> apptieation asa eredit against thesumssecured by this Security Instrument. ,
<br /> ' 3. A�lta�tton o!Payment�. Untess applicable(aw p•avides atheruise,all payrrtents received by Ixnder under � ' .
<br />. � -paragraphs i and 25hail 6e appfie�:first.tcs iace charges due under the Note;secand,to prepayinent charges du�uader tfie- �
<br /> Not�:third.toamaunts payabte under paragraph 2;,t'ourth.to interest due:and last.to principal due. �
<br /> 4. CTuege.s;i.teau. Borrower sfiai!pay all taxes.assessments.ch3rRes.fin�s and im�ositians attrihutable to the
<br /> . Praperty whicb may attain priority.aver this Security (nstrument. and teatiehold payments or ground rents, if any.
<br />' Borrowe:shall pay these obligations i��the manner pravided in paragraph 2.or if n�t paid in tha�manner.Bcnrawer shall •
<br /> � pay them an time direcUy to the per�n owed payntent.8c�rrower�hall pram�tly 1 utnish to Ixnder all natices rf amaunts � � ,
<br /> to be paid under this paragraph. �EBarrnwer�makes these payments directly.Bosrower.shall promplly furt�eP�to Lender
<br /> receiptsevidenciag the payments. •
<br /> Barrower shall promplly discharge any lien which has priarity aver thiti Security Inst�ument unless Borrawer:(a) �
<br /> � agrees in writing ta the payment af the abligatiun secured by Ihe lien in a manner acceptable ta Lender;(h)contests in good ,
<br /> faith the litn by.ar defends�gainst enfarcenient ot the lien ia,legul proceedinRc wh�ch in the Lender's opinion operate to •.
<br /> , � prevent tfie enfarcement oP the lien or forfeiture of any part o�the Prapeny;ur(c)secures from the hotder oi the Iten an ' ��
<br /> ugroem+�tt satisfactoRy to L.ender sutx+rdinating the liea to thic Security tnstrument.!f t.ender determines that�ny part of '
<br /> . the Property is suhject to a lien which may attain prionty over thic Securily Inctrument, l,ender may give �rrou•er a
<br /> notice identifying the liesi.Barrawer shall sutisfy the fien or[ake c►ne or more af the actinns set f�rth abnve within Itl days
<br /> . � af the giving�f natia. • --
<br /> . S, Huud tesuranee. ��rrnwer sha!!keep the Jrs�pro�emcntc now cx�stir.�or hereafter erected on the Property � {
<br /> insuredi against Iass by fite,haa.ards inctuded within the term"rxtended caverage"anA anq mher ha7ardti for which I.ender
<br /> requircs insurance.Thas insurance shall be maintained in the amour,ts asd for the perindc that Lender reyuires. The
<br /> � �nsuranee canier providing the insuranre tihall be rhs�rcn by Rorrow ec sublect tn Lrnder'ti ap�r«val which shall nc�t be �
<br /> : unreasonttbly withhrld.
<br /> A!1 insatance pc�licics and�ertewalS ahall hr ucceptahle t�Lender and ShaO�nciude a standard mortgage clause. , '
<br /> , Lender slt�p have the right tc+hald the�wlidc..ar►ci rencKal.r•.li l.ender rtqu�res.��rrou•er�hall promptly g�ve tn l.cnder
<br /> . aU rtceipts af paid premiums aad renewat n�ticcc.In titc event�►P t����, H��tri�wcr�hall g�tic prom��r not�ce u►the in�ur�tscc
<br /> . camer and Lender.I:ender fiay make prc:��'r�y loeti if nc►t made prc►mpt�c:hy Nnrr�wrr. • :.�'°
<br /> Unle�.y Ixnder and&�rr��N�cr ntherw��.rc agrce in writing,ui�ut.+.��r.w prncceJ��hali hc applied t��retit��rat�c+n��r rcp�ir � �'�
<br /> af the Property c#amaged,if the c�sloratit�n or repair�c econnmically fc:�tiible and Lendcr ti tiecunty ic no�ic�,ened.If'the �
<br /> testor�ticm or repair iy not ecimsE-nically frati�hle+,r Lettder's+ecumy� waul�f hc le+�ei�ed.the intiuranee prcxeeJc shali be
<br /> apptied to�he sums+ecured hy [fiiv Security Intitrume��t,whetlter��r cr,�t then dae.wnh any excc�s pai�tu Cii�rr��wer. Lf
<br /> . Horrvwer abandues ahe Nwperty.or dtx�n��answer w�thm 3t)dat4<s nutice irr�m f.endcr th�±.che in�urance carrrer has
<br /> offered tosctNe a et4:m.ihen I,ender tttay r.t�:i�t the in�ulance pr��crri�-l.e�tder may uve the{•.::ti�ecdti t�►repair�it rc�totc
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<br /> the Prujxrty or t�pay Surt►s serured hy�y�.Y�,Secur�tj� lrtistriiriient�wliethet i+f ii�+i tlicn�ue:"[he 3Q�diiy-�ei.��d�w�ill t+eg�n�-�-��-�-�'-
<br /> whcn ttr.�nntice is gi�en.
<br /> �'nlcss I.er.Aet and Batraw�er c+therui,e agrrr in�_�^:ir�g,�ny ap�>tic;�tiut,u1';r.,�eed�t���nlrc�p�l shai:rsot extend e►r
<br /> past{x�rie the due da+.e of thc mnnthiy payrr.�c��,referrc�l t�►m paragra�`,c 1 and 2 c+r�hangr tf:r r.rr.c�unt��f thc pa}rx�ent5. Ce
<br />, � . undrr p�aragraph���h�Yn�perty is acyuirrd by l.e�tder.i3�►nrwcr'.s rtght t�►uny �s�surarice pul�etcti and{�ruceed�result��,; '
<br /> " i'rom dan�age to thr 4?r��perty rr:�lr�u the ac��u�s�t���n tihali pa.rs In I!���dcr t�►tl�r rx;�''st�+f�he�urn.�crured hy thn�rcurrly
<br /> ' instr�mcnt imnted�atrly priur tr<hc ucyuis��wn. ° �
<br /> i�. PreservaTian and ifAintenanct otPropetty;i�ychulds. H��rruNrr,t�alt n����tctiir�>>.dnn►a�;r��r.ulnla►�t�filiy
<br /> ihangr thc t'ro�+rr�., allnw the Property tr+deteri��rirtc ur comm�t w,��le li thi. Sc�unty In�trumcnt ��on s le�sehold, •
<br /> i3orr�+wrr sh:ill e+�";°;y with the prc�vi�ion�:��f the tea�e,and�f llnrr��n e�acyui re`fc�Utle tn the Nro�+erty,the les�eh�td atrd ; _ .—
<br /> fee litic�hali ap!merge unlcss Leucter ag�ees tu Ihe n�er�er�;�e�rnu:r. �
<br /> 7. PrateCfion oi I.end¢r's Rty�ts in the i'rupcan;:: �!t►rt�{te Insurancc. if Iturr��urt f��il;': G:etfi�rm thc
<br /> cover;�:�.tsanda�reenrent�rnnta�ned in th��Secunty Instr'ujncnt.��r�!�rre�..�Ir�af�?n�rceJmg thaS m;i_ �:�;:�..����ently alfect '
<br /> ' �.rnctet'� � #� ` ' ' � . , � .
<br /> . �
<br /> - : �i�y` {S,"r:C�s it3�'.�T�Sj'(!+UftT�i�i}zFt'4:2iiiiR� iii:=`aii�ii'i.sj•'�:r-- }'ii�ii�C. �t•£�itiiia'�C�ii��i�;xr t•= �rr c:;�r�iir id'sii;.: . .
<br /> • regulationa).tfiec;�:cncierni.�y�f��arfcirayfi�rwb:�te•cr�tincccw�artit.:�-.•;:1rc�tbe�alue��fthe.i'..:�:�:t� s:;�lc:�cicr'�na:��.,
<br />: in thc E'to{Tetty: 1.ender c nrttan5 may �ncladc p:+gmF an}� �ums �e..:;_ct h� a l;es:whi�h h��4 prrorit} ���rr tht+ti�•�unty ��'
<br /> insirumcnt.;appear�ng�»rourt.pa}utig reatonnhir attt�rr�y�'fte�anS r:�F:r.ng i•r_-'�.r Yruperty t:�mni�e r.�.::, '� ,Alih��u�;h
<br /> � � Lcnder ma}•take actioa�mider this paraFraph'.Cet�der c;::�s uut isa�•r:��ein�e.� . .
<br /> Any atnounlsdisburtic.i hp f.cncier uncter rhi;�at,igtaph 7;h.::,^Ern;n�:;ddit�Emaf deht��f Ft:�rrE,ce��r.e��urc�:►+y th�t st
<br /> .'�CCUrrt3•t��struntit��.lit�te�s F.i��rrotecr and lrnd'er agrer t����ther fer���ti rf��yrz:c�,t,tt�c�e<nriE�uut��•i�:ri1 f�c.�r u�rcrc��GoriE �`
<br />, . the date'of cf�sbursemc�it at thc tit�tc :ate and �h;ill hr ���cihfe, ���t!� mt�rrr�t, u����i� t�t�ti,:e f:.�rr� ! c•t�:t�•r t<< H��:r��ti�cr �
<br /> teyuc5t�ng��ymes�t.
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