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<br />UNIPORM COVENANTS. Borrower and Lender covenant and agree as follows:
<br />90~-- 105430
<br />1. Payseat of Priaeipal abet Interest; Prepytaaat &W Late C%ior ea. Borrower shall promptly pay when due
<br />ft prindpaal of and Interest on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2. (Matta for Taxostusd linswum. Subject to applicable law or Ina written waiver by Lender, Borrower shall pay
<br />to Lender on the day monthly payments are due under the Note, until the Note is paid in fall. a sum ( "Funds ") equal to
<br />orm4welRh oft (a) yearly taxes and assessments which may attain priority over this Security Instrument; (b) yearly
<br />lessehold payments or ground rents on the Property, if any; (c) yearly hazard insurance premitemt; and (d) yearly
<br />mortgage insurance premiums, if any, These items arc called "escrow items." Lender may estimate the Funds due on the
<br />basis ofcurrent data and reasonable estimates of future escrow items.
<br />The Funds shall be held in an institution the deposits or accounts of which are insured or guaranteed by a federal or
<br />j state apacy (including Lender if Lender is such an institution). Lender 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 />Lender pays Borrower interest on the Funds and applicable law permits Lender to make such a charge. Borrower and
<br />Lender may agree in wiring that interest shall be paid on the Funds. Unless an agreement is made or applicable law
<br />requires interest to tae paiQ, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender
<br />i shall give to Borrower; Without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br />purpose for which each debit to the Funds: was made. The Funds are pledged as additional security for the sums secured by
<br />this Security Instrument.
<br />if the amount of the Funds held by Lender. together with the future monthly payments of Funds payable prior to
<br />the due data of the escrow items. shall exceed the amount required to pay the cscmw items when due, the excess adliaall be.
<br />at Borrower's option. either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds, if the
<br />am amii -of the Funds held by Lender is not sullicient to pay the escrow items when due, Borrower shall pay to Lender any
<br />sagmt;aatr a 4viisary to make up the deficiency in one or more payments as required by Lender.
<br />U,vtn payment in dull of all sums secured by this Security Instrument, Lender shall pm atrgly refund to Borrower
<br />any Funds held by i Linter. If under paragraph 19 the Property is sold or acquired by Lender, I'er. -Jer shall apply, no later
<br />than immediately row to the $ale of the Property or its acquisition by Lender. any Funds hetcd b�, Lender at the time of
<br />application as a credit against for -;aunts secured by this $ wanly Instrument.
<br />2. AMlicatioq of Pad tdirja'd. Unless applicstt katy provides Mherwisc, ail payments received by Lender under
<br />paragraphs 1 and 2 0*1 be applied: Pint, to late charges due under the Note; second, to prepaytm rot charges due under the
<br />Note; third. to arneumts payable under paragraph 2; fourth, to interest due; and lot, to principal 4-ilt.
<br />4. !(.dens. iBrirriiwetr+that! rey all tease assessments, charges, hags and impexitions attributable to the
<br />Property which may attain priority. over this Security Instrument, and leasehcQ payments or ground rents, if any.
<br />Borrower sludl pay these obli$amx. -- m in the manner prosawdsd in paragraph 2, or if ut,* paid in that manner, Borrower shall
<br />pay tht'ratl o4 time directly to the pac'isota owed payment. Borrower shall promptly furnish to LvWer all notices of amounts
<br />to be paid under %Iris paragraph. if Borrower nukes these payments directly. Borrower shalt pnvaaptly furnish to Leader
<br />receipts evidencing Ove payments.
<br />4 Borrower shall promptly discharge any lien which has priority over thus Seewity Instrument unless Borrower: (a)
<br />! agrees in writing to the payment of the obligation secured by the lien in a manner w atptable to Lender; (b) contests in good
<br />faith the lien by, or defends against enforcement of the lien in, legal proceedings which in the Lender's opinion operate to
<br />prevent the enforcement of the lien or forfeiture of any part of the Praxperty; or (c) secures from the holder of the lien ear.
<br />agreement satisfactory to Lender subordinating the lien to this Security. Instrument. If Lender determines that any part ar
<br />the Property is subject to a lien which may attain priority over this Security Instrument. Lender may give Borrower a
<br />notice identifying the lien. Borrower shall satisfy the lien or take one or more of the w tions set forth above ki+chiu IQ days
<br />of the giving of notice.
<br />S. Naagtrd Insaraaet. Borrower shall keep the item. ve;ments now existing or hercgtc+r erected on the Properil,
<br />insured against loss by fire, hazards included within the teittt ` exta %W k verage" and any othti,r iiaz ards for which Lender
<br />requires insurance, This insurance shall be maintained 'i%t the atrioulnis and for the periods that Lender requires. The
<br />insurance carrier providing the ncesuraince shall be chosen by Borrower subject to lender's approval which shall not be
<br />unreasonably withheld.
<br />All itsursat ce 1policies and renewals shall be acceptable to Lender and shall include a standard mortgage clause.
<br />!.ender shall have, tk sight to hold the policies and renewals. If Lender requires, Borrower shall promptly give to Lender
<br />All receipts of paid.r.mdums and renewal notices. In the event of loss, Borrower shall give prompt notice to the insurance
<br />carrier ati:d Lender. lender ma* mAe proof of loss if not made promptly by Born4o:
<br />fV`id>eq Lender and Borrow+erotherwise agree in wnung, insurance proceeds shall he applied to restoration or repair
<br />of the Peopetty dutawaged. if the restoration or repair is emomically feasible and Lender's security is not lessened. If flu
<br />restoration or tqg xwr rs not economically feasible or Lender's security would he lessened, the insurance proceeds shall' M
<br />applied to the a i %mured by this Security Instrument, whether or not then dace. with any excess paid to Borrower. If
<br />Borrower abarttivatrx dit Vi pee+ty, or does not answer within 30 days a notice hitter Lender that the insuum. a carrier has
<br />' offered tosettle a &otktu.libm LAhWer may collect the insurance proceed -i. Lender m.ty use the proceeds to repair or restore
<br />the Property or rte' pr i- watro sewured by this Security Instrument, whether or no rtlrtn due Tfw 30-day period will bep a
<br />when the notice i+ g+vim.
<br />Unless Lender and Borrower otherwise agree in writing. any application of prose eck tolpmcipal shall not extend or
<br />posspoese she due dote of the monthly payments referred to in paragraphs 1 and 2 or cleanse the amtxant of the pa) ments. If
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<br />under paragraph 19 the Property is acquired by Lender,. Wrrt w'er'e right to any msurmwe policies and prtuoteds resulting
<br />from damage to the Prom v wirer to the amuhuunn ak=H naaa r^ i ....a. ve .e!te Cf . V ...... ..�.� ,... t._ c_ _......
<br />lasuutrienl immediately prior to the acquisition.
<br />f ti. Piraserrades a W NlaMteaa n c4ProoeM -; t mWssiia [3,arruwer .h:all n�.% Jester,y', �damagc ar substanunll)
<br />change the Property. allow the Property to deteriorate or COMmit watt If this 5ecunq Instrument is tin a leasehold.
<br />Bomwer shall etitnply with the prrnisions of the lease, and if Boi'rower actluires fee title to the Property, the leasehold and
<br />foe We shall not merge unless Lender agrees to the merger to writing.
<br />T. PhKectWe of Leader% RigMh in the Property; %ferrt1pMe Iasurawee. If &,rrower fails to perform the
<br />covenanasnd agreementsctintaiuW in this Security Instrument. err there i %a legal proceeding that ma) %ignaticantl) atrect
<br />Lender'v rights in the Property t�%uch as a proceeding in bankrupic), pnrbate. Gtr caxidentnatkM tit ti+ enforce Las or
<br />+ re*uliifiom . then Lender may do and pay fox w hate%cr is necessar) to proton the %alue of the Prupert) and 1 ender'+ right%
<br />in the Property. Lender's aw-tkws nary include paying an) wins wure%i b) a lien which ha% rnont) o%er this %e unty
<br />Inurumeat. appealing in Lourt. Pa) Ina reswonahle attorney; (ee%and entenng %lei tine Pttivrt) to make repaam Although
<br />Leader may take action under this paragraph 7. Larder d tits not% ha%r to doe ur
<br />Any atnotintsdislursed It Lender under thu paragraph? %hull !recent addatiutaal deht ..i K%rrowcr s%tiure l h) thi%
<br />Security Inssturnent. Unlem Ikxroatr and Lender agree tov4her term %of payment. these iniouna% %hall hear inaerest fr.wn
<br />the date of dabursetnent at the Note rate and %hall he pa)at�le. with intert%t. urti•n n.,tl.c tram I rn.ler to th-rro*cr
<br />requesling payment.
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