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... fir w r— UmlKiltm CoVBNAN'n. Borrower and Lender mvaunl and agree as follows: 90-105209 """'I
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<br />1. Borrower shall promptly Vey when due
<br />dw principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />3. Flt adeftir Taxes nil l- mot, Subbed to applicable law or too written wai%er by Lmder. Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in full, a sum ("Funds") equal to
<br />atae -lwel of: (a) yearly taxes and assessment$ which may altsin priority over this Security Instrument; (h) yearly
<br />laaeehoid psynsents or ground rants on the Property, if any; (c) yearly hazard insurance premiums; and (d► yearly
<br />titan" insuraaim premiums„ if any. Tbeoe items are called "escrow items." Lander may estimate the Funds due on the
<br />basis of qurrent data and ressonabio estimates of (Inure escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by it federal or
<br />state agency (including Lender if Lender is such en institution). Bender shall apply the Funds to pay the escrow items.
<br />Lender may not charge for holding and applying the Funds, analyzing the account or verifying the escrow items, unless
<br />I.ersler pays Borrawar interest on the Furls and applicable law permits Lender to make such a charge Borrower and
<br />[,ender arty sgree in writing that interest shall be paid on the Funds. Unless an agreement ix mace or applicable law
<br />requires interest to be paid, Lender shall tot be required to pay Borrower any interest or earnings on the Funds. Lender
<br />dW give to Borrower. without charge, an annual accountisag of the Funds showing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds was rrsede. The Funds are pledged as additional security for she sums secured by
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<br />tisisSocurity Instrun)ertt.
<br />If the aarsount of the Funds held by Lender, topther with the future monthly payments of Funds payable pnor to
<br />thedue dates of the escrow items, shall exceed the amount required to pay the escrow items when due, the excess %hall be,
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<br />at 116rsrtwaer's option, either promptly repaid to B)ornrwer or credited to Borrower on monthly payments of Funds. If the
<br />amount of the Funds held by Lender is not sufficient to pay the escrow items wheat due, Borrower %hall pay to Lender any
<br />s motmt naestatry :)o make up the deficiency in arse or more payments as required M Lender.
<br />Upon payment in full or all sums awured by this Security Inmrumentr Lender shall prismptly refund to Borrower
<br />any funds held by Lender. If under paragraph 19 the Property is sold or acquired by Lender, render shall apply, no later
<br />than ,immedisttely prior to the sale of the Property tw sae, st:qutsitinn by Lender, aw. Funds held by Lender at the time of
<br />application as a credit against the sums secured by this Swunly Instrument.
<br />3. ANiiettloa of Psymesta. Unless applicable law provides otherwise, all paymsewi. received by Lender under
<br />paragraphs 1 and 2 shall be applied: first. to laic charges due under the Note; second. it) prelawp mkrnt charges due under the
<br />Note; third. to amounts payable under paragraph 2. fourth, to interetsz due; and last, to pntt ,1AQy .a,e.
<br />4. Charms; Liens, Borrower shall pay all taxer. assessments, charges. hues srol impositions anributahie to the
<br />Prohertl, which may attain loriority over this Security' Imtrumtent, and lea%ch(,.;a payment% or ground rent%, if any.
<br />Barrnwer shall pay these obliSarirc?n% in the manner provided to paragraph 2, or if nett paid to that manner, Borrower shall
<br />pay ihem on time directly to the persori ov -yl payment. Borrower .hall promptly furni %h to Loader all notice% of Amounts
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<br />to be paid under this paragraph. If Borrower makes these payments directly. Bcormwer shatI promptly furnish its Lender
<br />jreceiptsevidencing
<br />the payments.
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<br />Borrower shall promptly discharge any lien which has priority cner the% Sec urity Instrument unless Borrower: (a)
<br />agrees in writing to the payment of the obligation secured by the hen in a manner acceptable to Lender; lb) contests in good
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<br />faith the lira by. or defends against enforcement of the lien in. legal proceedings which in the I lender's opinion operate to
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<br />prevent the enforcement of the hen or forfeiture of any part of the Property, or (c) %ecures from the holder of the item an
<br />agreement satisfactrory to Lender subordinating the lien to this Secunt) Instrument If I ender dcterminets that any part of
<br />the Property is subject to a hen which may attain priority over the% Security Instrument. I.rndcr may gi%r Borrower a
<br />notice identifying the Inn. Burrower shall statufy the Ilea oor take one r►r more of the actwsns set forth above within 10 days
<br />of the giving of notice.
<br />S. Hastatd Insurance. Borrower %lWl keep the improvermenoi now existing or herrciifi tr tweeted on the Property
<br />insured against low by fire, hazards ifwludue within the term "extended coverage" and sm osfaer Narards for which Lender
<br />reciuixes insurance. This insurance shall be mamiained in the anupunts and for o he Lert�w�t what !.ender require% The
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<br />carrier providing the insurance ishall be Jusiten by Borrower subject to Lesuter's aWaval tvhwt-, 4ull not be
<br />untreesortably withheld.
<br />All insutraetce policies and rentwal'i. itball he acceptable to lender and shall utclu it u „•andard mortgage clauw.
<br />Leadox shall ha*c-tile right to hold the peiltexs and renewals. If Lender reyuirev. W-irrower -ob4l promptly gt%c to Lender
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<br />all ra -vips of pail) premiurati tu►6 renewal melees In the went of to m. Burrower vt'tatIt give prompt notice to the insurance
<br />casu m osikl Lender Laide'r mA ±, mtike preofofkris if not made promptly by Ilona!•
<br />Unless Leridrt• and Borrttiver otbo raise agree in writing, m%urance prtwcc k xhall he applied to re%toraritin or repair
<br />of the Property damaged. if the rcstortrta w or repair is ecursontkalf feamble and l.cuder's %aunty i% not les%ened. If elk
<br />restoration or repair is not economically feasible or l cnder'% scctnrzr,Y would be lessened. the invuran,.e proceeds vh*!W he
<br />o0plied to the sums becuied by this Security Instrument. whether or not then idwit. wilh any excess paid w Borrower. Of
<br />13s-arrsower abandons the Property. or don tom answer wvekin 10 day% a noiKe from Lender that the inrmin,rwe carrier ha%
<br />otered to settle aclaim, thus Lender may eAilktit the art .",aace prtwft-d+ Lander may uvc the;;r.,weedv rn cquit or revotoc
<br />the Printerty or sit pay wows sorwed by Ow,k, Sarunty Oaox- trumens. w4wnccr or not then due Time ;04ay Wiml unto tsrguat
<br />when the notice is given
<br />Unless !.ender and tLsrnwvn a,therwi%e aver rn t►rtUnR, any upPlscattttn rt(nrc>terds n,v tsrvtocopJtt O euenJ ter
<br />parvtporte the due date of the rrt.tt►ibly pay merits refereed to in paragraph-. I aaad : , w ,-hanttc rho ruaM Wes: of lche pay ntent% If
<br />under Paragraph 19 the Property it acquired by I ender. Iksrruwcr'% fight to AAV tttsuNttt tr t.ralrN.tr.,, uLr4 0rt,ceerl% re%ull►ng
<br />.taro aitstNsIFi tt /6 • t tots t ,Y i _ q � ta_n _. .L R . q. lN_ta, , law" . . , , ' a 1_ Ya .r._ _. -_... ..� 1. .L.. ►_ ..�.
<br />.w �a . • r .V.• • ►n a. u, , "I, n ee �.' •. •
<br />Insirunscnn inustedtately poor its the acquntinin
<br />d. Prnmatim anti Maisteommo( Property; Leumbo4s. Bo►rn►wrr %I►a1i ooh Destroy. %i ta.g,•. t� wt►+tauhally
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<br />clauge the Property, alloy the Property to detemirate or commit waste If this tiecufit) In%trunwrit i- .tit it Ieasehohd.
<br />barower shall t:otmply with the pro isiskorisotf the kas,c. and if Burrower acqusrc% fee title to the Prupere). the Icasehold and
<br />tae talc %hall oovt merge unlcv% I cruder agrees to t he merger in writing
<br />7. Frotatrike of Letter's IRou in the Property; Isturtgage Insurance. It Mittotscr fad% ter permorm the
<br />covenants and atgreccstcotvaorltaltMl) in this Saunt) Inmikinent, rte there i%A lirgAl prokeedutg that m.&% %rKortitAntl) iffmf
<br />Lender's nghtn sit the Pr%t;veny ttuch as it prucendsng on hankruptcy. proobate, list midenmaitim ter fir enturce law% it
<br />tegu4lktnstl then 1 ender may tlty Ond Pry (ur whatever rs no►evsar) to pruret t the clue e,l'the Prisrert% Anal I eroJer'% Fight,
<br />in tine Prctptt:rty l.ertder's a,ctkm% may include Pa)uotr +o% %sari% %e%-ttrtrd h1 a tars tsh-h Issas rrNtrit% t»er tea% Sft''Urlt)
<br />Instrumeni.appeutol; tit court. pr)sngrwunaNraisotttc)s fasr%andentr, tits,, stmt ,tNrtgstit,.t,trnrs,t: Althtetith
<br />leader moy asks inset uikke titer parstgraph 7. teodcr steers rust hat c to do -it
<br />Any asskwmvdi%buiu-sil h) t erodes under ibis Iarafr.Aph T %hall hoftonse Additional dehi .,t Refire. t%trr %c•. urrd h% ihi%
<br />Shunt) Inotunscni ltnk►v lLorrovwer and t ender agivL err oolher twin% t tl pa%mt :,t r honer .uor t,t.t% ,;...:' ►�. :. ...,zees terser
<br />the dais of Jt%hui%cn►eni at the Nt+te rate and %bat - nn-, Attie. with is. ••wt ,tt%„ti nrar.c tr,w, I r t.to t,, lt,srr„wrr
<br />requertting pa)nsent
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