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<br /> � �ilfu�VR�f�LaiZ�W�M���.►. iniri�w4��{�LCl�iGi 4iljiClt�l1!il�t�IGL�7 fVl�W�: � �lI���i�/
<br /> � 1. Pay�at ot PriaelMl a�l�terpl;PreMy�ent a�d Lste CAsr�. Borrower sh�li promptly pay when due
<br /> tt+�ptinciprl rf'and inteie�t on 1h�cl�bt Gvidcn�d by thc Nute and ank prcpayment and late chargcs due under thc TVote.
<br /> 2. FY�tor 1'uM�M I�w��ce. Subject to applicable law or ta a writte�w�iver by Lender.Botrower shall psy
<br /> to Leedet on the day manihly paymrnts are due under thc Note�until the Note is paid in ful1,a sum("Funds")equal to
<br /> one-txsMh ol: (a�yacly taaa and assessments which may attain priority over this Security fnstrumeat; (b) yarly
<br /> , ' leasehaW p�yments o� Rraund rents on the Property� if any; (c) yearly hazard insurance p�emiums; and (d) yarly
<br /> ; mo�rtpyt insuru�ce premiums,if any.These items ue called"escrow items."Lender may estimatc the Funds due on the
<br /> ' b�sis of cunwit dat�ar�d reawnxble atlmata of future escrow items.
<br /> The Funds shall be held in an imtitution the deposits or�ccounts of which ue insured or guarsnteed by a fedenl or
<br /> � �tate�a�cy(includin= Lender if Lender i�such an institution). Lender shall apply the Funds to pay the escrow items.
<br /> l.erKkr may not charte for hoWin�and applying the Funds,anslyzing the account ar verifying the escrow items, unless
<br /> � Lender p�ys Borrower interat on the Fund�ind applicable law permits l.ender to make such a charge. Horrower and
<br /> ' l�erxier msy sjra in wrritin�that intetat shall be paid on the Funds.Unless an agreement is made or applicable law
<br /> requlrcs interai to b�paid,l.ender shsU not be required to pay Borrower any interest os earnings on the Funds. Lender
<br /> �ll pve to Borrmver,writhout chuae,an annua!accounting of the Funds showing credits�nd debits to the Funds and the
<br /> purpae for Mbich ach debit to the Funds wu made.The Funds are pledged as additionsl security for the sums secured by
<br /> , this Security lmtrument.
<br /> If the unount of the Funds held by Lender.together with the future monthly payments of Funds payable prior to
<br /> tbe due dates of the acmw�items,shall eaceod the amount required ta pay the escrow items when due,the excess shall be�
<br /> at Horrower's option,eithtr promptly repsid to Bonower or credited to Horrower on monthly payments of Funds.lf the
<br /> smount of the Funds hdd by I.ender is not suRlcicnt to pay the escrow items when due,Borrower shafl pay to I.ender any
<br /> amount na�asary to malce up the deficioncy in one or more psyments as required by l.ender.
<br /> Upcm p�yment in full c�f al1 sums secured by this Security/nstrument.Lender shall promptly refund to Bonower
<br /> any Funds held by I.ender.lf under paragrsph 19 the Property is sold or acquired by Lender,Lender sh�ll apply,no later
<br /> than immediuely prior to the sale of the Psoperty or its acquisition by Lender.any Funds held by I.ender at the time of
<br /> application as a credit against the sums secured by this Security Instrument.
<br /> 3. A�do�ot Pay�n. Unless applicable law�provides otherwise.all p�ymmts received�y Lender under
<br /> paraaaphs 1 and 2 shall be applied:flrst.to late char�es due under the Note;second.to prepsyment charga dne under the �
<br /> Na[e;third.to amounts psyable under p�tagtaph 2;fourth,to interest due;and last,to principal due. .
<br /> 4. (bar�I.ie�u. Borrower shall pay all tsxes.assasments,charges, fines ind impositions attributable to the
<br /> _.__ _ Pmaerty w+hich may aLtain nriority over this.Security Instrument. and leasehald oavments nr ground rents; if aRy_
<br /> Borrower sha11�y thae otila�ations in the mannor provided in parpgraph 2,or if not paid in that manntr,BORBWCr SI17I� � -
<br /> pay them on time ditxtly to the person owod payment.Horrower shsll promptly fumish to L.ender all notices of smounts � -
<br /> to be paid under this parasraph. If Borrower makes thae payments directly, Borrower sh�ll promptly farnish to Lender � -
<br /> raxipts evidencin6 tl�e psymenu. ' --
<br /> Borrowrcr shall promptly dixlurse zny lim which has priarity over this Security lnstrument unless Borrower:(a) �
<br /> a�ras in�vritinE to the p�yment s�'the obli6ation secured by the titn in a manner acc,�ptable ta Lender.(b)contats in good _�
<br /> fath the lien by.ot defends against enforcement of the lien in,legal proseedings which in the I.znder's opinion operate to -
<br /> prevrnt the enforcement of the lien or forfeiture of any part of the Propesty;or(c)secure�from the holder of the lien an ^t
<br /> ajreement satisfa¢tory to Lender subordinating the lien to this Security Instrument. If Lender determanes that any part of �.
<br /> ihe Property is subje�et to s lien w�hich may Attain priority over this Security Instrument, Lender may give Botrower a
<br /> notia identifyin6 the tien.Borrow-er shall satisfy the lien or ta{ce one or more of the actions set forth above within 10 days
<br /> of the givina of notice.
<br /> S. Has�e�Itsss�ace. Bonower shall keep the improvements now eaisting or hereafter ercete�on the Property
<br /> iasured asainst loss by fire.hazards included within lhe term"eatendod coverage"and any other hazards for which Lender '
<br /> requires insurance. 'fhis insunnce sl�all be maintained in thc amounts and for thc pcnads that Lender requires. The
<br /> insuru�ce camer providing the insunnce shap be chosen by Sorrower subject co I.ender's approval which shall not be
<br /> unreuo�bly withheld. �
<br /> AU insuranee policies and renewals shaY!be acceptable to Lender and shall include a standard mortgage clause. � .
<br /> I.ender shall hsve the ight to hold the polic�es and renewals.If'L,ender requ�res, Borrower shaU promptly give to l.ender
<br /> all receipts of paid premiums and renewal naticrs.ln thc e.ent of'loss. Borrower shall give prompt notue to tk�insurance
<br /> cacrier and Lender.Lrnder m:y�make proof of 1c�ss if not rtcade prompNy by Bonower.
<br /> Unless Lender and Botrov�rr otherv�ise agree�n wnt�ng,insurance proceeds shaU be appl�ed to re�torahon ar repair
<br /> of the Property damaaed,if the restoration dr rrpair�s econom�cally feasible and Lender's suurity is not lesxned. If the
<br /> . restontion or repair is not economically feasi�ie ar Lender's ucunty would be iessened. the insu�ance praceeds shall be
<br /> appliod to the sums secured by�hcs Secunty Instrument,whether or not then de�e, wnh any eacess pa�d to Berrower. If
<br /> Botrorver abandans thG Prc+perty,ar does not answer with�n 30 days a naticc from Lender that the�nsurance camer has
<br /> oRbred to settle a claim.then I.endec may colle�ct the tnsuranre procteds.l.ender may use the proceeds to repa�r or restore
<br /> the Property ot to pa}�sums secured by th�s Secunty Instrument,whether ar not then due. The ?-0-day penod w�U beg�n
<br /> when the na�tice is givm.
<br /> Unlas l.ender and Borrower otherw�se agree in wnting,any appl�cat�on of pr�xeeds to pnZC�pal shall rtet oatend ot
<br /> postpone the due dste of the monthly payments referred to�n paragraphs 1 and 2 ar change ihe amount nf the Fayments. If
<br /> under parsgraph 19 the Property�s acqwred by L.ender,$orrower's nght to an� msurance�+c�lic�es and proCrtds rtsult�ng
<br /> Prom damage to the Property pnor to the acqws�ti�n shall pass to Lender to the extent of t he sumc secureci by this Secunry , -_�
<br /> Instrument immediately priot to the acqws�tion
<br /> 6. Preserv�tion and M�ntenance o�Proper�;l.easeholds. 8ortowcr shalt nrn destroy.damage or�ubstarinally
<br /> ehange the Properly, allow the Properry to detenc�rate or commn waste If this Srcur�cy Instn�ment is�n a lea�ehold,
<br /> Bortowtr shall comply w�t�the prov�s�ons of the lea�e.and if 8�rrow�r ac�urcec fee title►��he Property,thr Ieas�hoid and
<br /> fer litle shn31 noi merge untess Lender a�rees to tht mcrger m wntin�;
<br /> 7. Protectiun of I.ender's Rights in thr Property; �farfppge Insurance. 1C f3orrower fa�)s io perform thc ��
<br /> L eovrnams and agreetnents conta�nrd�n this Secunty Instrument,or there i�a Iegai pr�K�eed�ng that may s�gn�ficamly afTect �
<br /> 1.ender's nghts �n thr Propetty isurh as a proceed�ng �n bankruptcy, prnbate. fnr cc+ndemnati�n or t� �nfnrce laws ��z
<br /> reRulattons),then Lencler may doand pay for whate�er is nec•eswry a��r��tert thc�alue o(thr F'ruperty and Lender'�rights �.,y�
<br /> sn :he °tnY..r:y I.cade:'s s:u:�r.s :n;: tnc3ude �ay��n�, ar.p sum; u,u:r,3 !�: .. �irn �hu'; ha: �;�nrit; ntirr :hi�,S:unty� '^�
<br /> Ins�rumrnt,nppeann�ui c�ourt,pa�•mr rcaccmahle attc�rncyc'fee�and entenn��m the Pn��.ert� i„ma�,c rc�a►rti Althnu�;h �'
<br /> u"'�
<br /> Leridet may take actu�n under thir paragra��h�. 1 ender de�nui hatic zc•d.•.�� .
<br /> Anp umrunheti�huneu b�• I erider under th���ara�raph� �hali 1+ecrme,iJci�t�����,�1 ,teh•t • t ft.�rr,�wer�e.uretl h� thi�
<br /> sec unty Inctrumcnt l'nle�ti H��rm«et ancf i ender agree t��c�ther terrn���f r.�}rncr�t rtir.e .�m.•aur�.h.�l{1.eer in�erc�r (n�rn
<br /> the date i�f d��huncmen� .�I �he '���tc t.�te and �h�l! nr �•e�.ihir ��it1� i�,tcre�� ,��••�r� � �i,•• +� •:+, 1 pii:ler t � H��:-�.µ�r
<br /> ttcge�es[tng��yment
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