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<br />89=-- 101780
<br />UNtlaottnt COYENJt.tVTS; Borrower utd Lendercovenant and agree as follows:
<br />It. Payntaat at Modod and latea+e,4 prepsyweat am late
<br />the principal Oland interest am. tba debt evidenced by the Note and any p Cherm Borrower shall promptly pay when due
<br />Ftia�a tiarTataa aai Lasreaacei Subject . to epaytnent and late chargesdue under the Note.
<br />to Lender as the des tree" a appplicable law or to a written waiver by Fender. Borrower shall pay .
<br />Y y payments are due under the Note, until the Note is paid in full. a sum ( "Funds ") equal tea
<br />as thole fth of (a) Yearly, taxes and assessments which may attain priority over this Security Instrument; (b) yw,,,,y.
<br />e d Payments a . groUnd rents on tk Property. iii any; (c) yearly h=M issuance premiums; and (4) yearly
<br />insurance prrrmW., rents on
<br />Blare items are Odd "escrow items.~ Lender may estimate the Funds due ca tr
<br />basis of curra►t d� and teasonabb atirnatsa of ruture escrow, items.
<br />7be Funds sW be Meld in as institution the deposits or accounts of which are insured or guaranteed by a federal nice
<br />state agency (inchudsdg. Lender if bender is such an institution). Lander Shan apply the Funds to
<br />Leader may not charge. fora: ,hoildutg and applying the Funds, arse, Pay the acnzw ircer:i .
<br />Lender Pays Borrowet.iate[est ae the Flntrds and �g the account or verifying the escrow items, unless
<br />Lender may w ,roster a that iarsret shah applicable law Pests Lander to make such a charge. Borrower and.
<br />requires interest to be p� on the Funds. Unless an agreement is made or applicable, law-
<br />requires lender shall not be required to pay Borrower any interest or earnings on the Fundu Leader
<br />erne!! give toBorrowrr, unftut charge. an utnualaccountingoftheFunds showing credits and debits to the Fundsand the
<br />psrtpose for which each debit to the Funds was made. The Funds are pledged as additional security for the sums secured by
<br />thoasemttity Iaatrummr
<br />the dine dam L cow iFunds held by Leader. together with the future monthly payments of Funds payable priar.to -.
<br />lens, #halt exceed the amount required to pay the escrow items when due, the excess shall: be„ .
<br />at 1D7+ s CVWO" �eitIct FrOM t1Y rapid to Borrower or credited to Buffower on monthly payments of Funds . ItrtltQ:
<br />Ott amt afthe Funds hftbY- finder is not sufficient to pay the escrow items rrAea due; Borrower shall pay to Fender:
<br />ataount necessary to nuke up the deficiency in one or more paYmtmts as requireden lender.
<br />Upoe payment in ftilf of alt sums secured by this Security Instrument, Lender 3112111 promptly refund to Form .wer
<br />any Funds heid.by Lender. If under paragraph 14 the Property is sold or acquired by bender. Lender shall apply., no litter
<br />than immediately pridr,to the sale of the Property or its acquisition by Lender, any Funds held by Lender at the Brinson?
<br />APPkantion "a credit against the suers secured by this Security Instrument.
<br />3. Mina at Payttaents. Unless applicable law provides otherwise, all payments received b
<br />pwaqraphs
<br />1 and 2 shall° be 1 1<sitdt.� untder
<br />Nett~'thitt+ toaizountt ��' �' �lstt charges due under the Note; second, to prepayment charges due ttgii�r the
<br />4 payable under paragraph 2; fourth. to interest due; and last. to principal due. :
<br />w Borrower shall pay an taxn, assessments, charges, fines and impositions uarilaufible to the
<br />Ipriority . over this Security Instrument, snd kaadwM payments or
<br />Banttssi W slue pay these grcund cents, if any.
<br />paW t� on titac to n�atntKr provided to Paragraph Z. d3i iFROt paid in that manner. Borrower shall
<br />dsrectly totlSe person owed payment. BorrowersA
<br />to be ;paid wxbr it��Y fumirin to Lender all notices of amarmcs
<br />paragraph. If Borrower nsalce these paYme:zt�d3 y, IgoROwer shall pMmptiy furnish to Leadd it
<br />fee*lts Borr�shalf Omp* discharge any lien which has priority asI"w rltis Security Instrument: utttess
<br />ag min writing t4 the Payment of the obliptiion secured by the Nett is at rrs�tKt Borrower: (a)
<br />faitlsth , lien by; ordefends against enforcement of the lien ails a=eptable to Lender, (By contests ing�
<br />prevait the enfct+r,etneat of the tics or forfeiture of an � � which in the Lendor's opinion openbr, to
<br />agreement satishe Y P� is ec Xt Cr (c) secures from the holder of the lien an
<br />tort'' to mender subordinating the lien to this Security Lnstrtinyent: If bender deU:rnttines that any Part of
<br />the Ptaperty is subject to a liras; which may attain priority over this Security Instrument, Fender may give Borrowers
<br />notice ivin ofng the lien. &c'ar;,wes shall satisfy the lien or take one or more of the actions set Gtrtfi aboec within 10 days
<br />olthe giving of notice.
<br />S Hasuttd laaarance. Borrower shall keep the impro venlesrta now existing or hereafter crated on the Prcg ry
<br />insured against loos by fire. hazards included within the term "extended coverage" and any Other hazards far: which Lender
<br />squirts insurance. This insurance shall be maintained in the amounts and for the periods than Lender. requires. The
<br />insurance carrier providing the insurance shall be choanr by Borrower subject to Lend appmual which shall riir 'Se
<br />unreasonably withheld.
<br />Al! insurance polieia sad renewals shall be acceptable to Lender and shall include a stumdard mortgage cleanse.
<br />Lander Shan have the right to hold the poiddes and renewals. If Lender requites, Borrower shall) rom ve to bender
<br />all receipts of paid ptrouuma and renewal notice. In the event of Pa y p
<br />arriet and Fender, Lender acre bra. by Bor. r chat! gig +C prompt naive rte tc:s insurance
<br />yrnake proofof iris ifnot made promptly 6t' Borrower.
<br />Unless benderand Ektrrower otherwise agree in wiitin& insurance proceeds shall be applied to testontioart aT rq�ai r
<br />Of the Property damaged. if the restoration or repair is eeonoanicallp reaaibits and Lender's sixuri ty is not Ie!t,�ed. Ifrai
<br />restoration or repair is not economically feasible or Lender's security would be ltmncd, the insurance p leueds shall ! e
<br />applied to the sums secured by this Security lnstrttment, whether or not then due, with any excess paid to Borrower. If
<br />Borf"cr abandons the Property, or does not answer within 30 days a notice firm Lender that the iitatrmce carrier has
<br />ofeted to settle a claim, then Lender may colkct the insurance proceeds. Lender may the stay Or to pay Punts soured by this Security Instrument, whether or not them due. 7 proceeds to repair or restore
<br />when the notice is given. y period will begin
<br />Unku Feederand Borrowerotherwtse agree in writing. any applitutio.n of proceeds to principal shall not extend or
<br />POMPOne MEMO e date m��y Payments referred to in paragraphs I and 2 or change the amount of the payments. If
<br />linen ra to the it acquired fir' BorrowerPa righ!}to any insurance policies and proceeds resulting
<br />�aR Ptbpetty poor to the acquisition dull pass to Lender to the extent of the sums secured by this Security
<br />gtiurumerntimmtediatelyi priortatheaequisition.
<br />i. Ptreaenatlba sad M
<br />change the Property, allow the p opaeny o 1e or .wuB t� jf this aSxuritylnstrumen gs on a IBrseaseltotd,
<br />Borrower ahirll t:amply with the provisions of the kw, ante, if BOrmwer acquires fee title to the Property, the leasehold and
<br />fa tick dull hot merge unless Lender agrees to the
<br />y. PrOhctiea � i�dler'a merger in writing.
<br />Nlgltb in tare Property; Mortgage Imataaee. if Borrower fails to perform the
<br />tmvenaats tone, agreements contained in this Security Instrument♦ or there is a legal proceeding that may significantly affect
<br />Lenetr'a rights iii The Property (such as a praea+eding in b!Mk9upicj. p;o te, for condemnation or to enforce laws or
<br />i the iattot is Property. t Lender tray do and pay for whatever is ncctsa uy to protect the value of the Property and Lender's rights
<br />pp Leader s actions may include paying an), sums secured by a lien which has priority over this Security
<br />Instrument. appearing in court, paying reasonable attorneys' fees and entering an the Property to make repoin. Although
<br />Louder may take action under this paragraph 7, Lender dace not havetodo so.
<br />Any amounta disbursed by Lender under this puagtaph 71hall became additional debt of Borrower secured by this
<br />Security lnsutment.. LIAM igarro wer and Lender agmc to other terms of payment. these amounts shall bear interest finm
<br />the esti of d►sburumcnt at the Note rate and shall he Payable, with Interest. upon notice from Lender to Borrower
<br />requesting pymenr
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