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<br />e.9! 105328.
<br />U tilt? *M C6Vt%, ►Kis. Borrower and Lender covenant and agree as (4Uows:
<br />1. ityligi i, alt.Pdaitipd ad l alwook Ptst wmM *awl Labe Cluirges, Borrower shall promptly Fay when due
<br />the prittaiyat efand iizttitsi on the debt evidenced by the Note and any prepayment and late charges due under the Note.
<br />2.- Fttttsiitifi r1r&*iss ttiw! l wrum Subject to applicable law or to a written Waiver by Lender, Borrower shall pay
<br />to Le"krar t*64i tmuhly payments are due under the Note, until'the Note is patted in full. a stem ("Funds ") equal to
<br />01110-- t:rcIft c - J-4(.yeaily truces and assessments which may attain priority over this Security Ipstrument; (b) yearly
<br />krlaeltold- payatMti or. graind- .rents.on the.Psoperty, if any; (c) .yearly haaard insurance .premiums, and (d) yearly
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<br />+�OsUrOte ptesniums; of ally. Thule items arc called "escrow items." Lender may estimate the Funds due on the
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<br />btttslifttrcfcwnns- dtustt�ttdr itkattat#tesOffuttueetcrow items,'
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<br />- TLe Fuadt shall �t *Wit an irtsittutian�t to s or accounts w icTi are insu— r�or guaratt y a ar
<br />starlit "..may 6ncltading 1;;eit -if Lander is_such reel institution).. lender shall apply the Funds to'pay, -the escrow items.
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<br />hat er ste�ay >igt cbittge =tor bohg Aod yio$ the -FwWs; atWysiog-the acc�mtiw- vaifyiea the rsctovtr items, unless
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<br />lea pays lgon,nwer interest on the Funds and applicable law permits .Lender to make such a charge. Borrower and
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<br />llaiider may atgree in.writing that interest shall be paid on the Funds. Unless an agreement is made or applicable law
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<br />? enquires interest to be paid. Lender shall not be required to pay Borrower any interest or earnings on the Funds. Lender
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<br />sittiitl tit toHom wer, without charge. an annual accounting of the Funds showing credits and debits to the Funds and the
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<br />pulps- for which each debit to the Funds was made. The Funds arc pledged as additional security for the sums secured by
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<br />tldcslecurityingrument.
<br />if the amount of the Funds held by Lender, together with the future monthly. payments of Funds payable prior to
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<br />the due data of the escrow items, shall exceed the amount required to pay the escrow items when due, the excess shall be,'
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<br />at boffd* 's option, either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds. It the
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<br />attloirat c5ttke Funds odd by Lenders' iciest sufficient to pay the escrow items lull,,- due,1)Oirpwer s y to ny
<br />halt +.cuFfFI %:
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<br />t to make •t
<br />tuttoua ran ,eery up1� r y in one or more pa}!m�etz s a requt by Len�r
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<br />pyznent in.fgM aF.9V s' "ured by this Secur; Igstru?+gesfiti;•i.endW shalt promptly-40 rfdt to rawer
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<br />Ate f; %ended ;#crorti3er paragraph 14 tiro Property ?s.s o> acrid by Lender. Lerttieeaitrk±r�r liter
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<br />rtiie`.saie of the Property or its acquiktiun t?j 1:+ ; any Funds held by.L�� at tbr'ti c�ie of
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<br />MisCsumtsseeured by this SecuritY-lria*0.�rat
<br />Aj ifieie 4l�al�:.. Unless appkc�bk law provides nth a z, all pa} aza�ts r Re by Lender under
<br />pt+utr raphs 1 ind 2 shall try :lie. _L; late cluurg� due under the Note,' a}isr iiii, to pr wi t�issges due under the
<br />Note; third, to amounts pad) *a 4 aindce�agraph 2; fourth, to interest due; and lust, to principal due.
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<br />4. Charges; Liens. BorrowersMI pay all taxes, assessments, charges, fines and impositions attributable to the
<br />Property which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any.
<br />Borrower shall pay these obligations in the manner provided in paragraph 2. or if not paid in that manner, Borrower shall
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<br />pay then on time directly to the person owed payment. Borrower shall promptly furnish to Lender all notices of amounts
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<br />to be -paid under this paragraph. If Borrower makes these payments directly. Borrower shall promptly furnish to Lender
<br />receiptaevidencing the payments.
<br />Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a)
<br />agrees in writing to the payment of the obligation secured by the lien in a manner acceptable 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 Property; or (c) secures from the holder of the lien an
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<br />agrteernent satisfactory to Lender subordinating the lien to this Security Instrument. if Lender determines that any part of
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<br />the Property is subject to a lien which may attain priority over this Security Instrutnant, Lender may give Borrower a
<br />notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days
<br />of the giving of notice.
<br />S. Ha►sari Iaauromm Borrower shall keep the improvements now existing or hereafter crated on the Property
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<br />insured agrtittss Jkra by a+stc, 0-w"rds included within the term "extended coverage" and any other hazards for which Lender
<br />requires insu.•atmict This insurance shall be maintained in the amounts and for the periods that Lender requires. The
<br />insurance crfifixw'providing the insurance shall be chosen by Borrower subject to Lender's approval which shill wt be
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<br />unressonabty tiaiihheW. '
<br />' All insurance poibvi�% and renewals shall be acceptable to Lender shall include a standard mortgage clause.
<br />Lander shall have the rib';, to hold the policies and renewals. If Lender reg4, -reis, Borrower shall promptly give to Lender
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<br />all receipts epaid premiums and renaw'xl notices. In the event of loss, Borrower $hall give prompt notice to the imrance
<br />carriera!'rdlam9er. Lender may mai:e;lyrcoof of loss if not made promptly by Borrower.
<br />Unless Leader and Borrower- iAlierwise agree in writing, insurance prexA eds shall be applied to restoration or repair
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<br />of the Property damaged,, if tiro restoration or repair is economically feasible- sad Lender's security is not lessened. If the
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<br />restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be
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<br />applied to the sums secured by this Security Instrument. whether or not then due, with any excess paid to Borrower. !f
<br />Borrower abandons the Property, or does not answer within 30 days a notice from Lender that the insurance carrier has
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<br />offered to settle a claim, then Lender may collect the insurance proceeds. Lender may use the proceeds to repair or restore
<br />the Property or to pay sums secured by this Security instrument, whether or not then due. The 30 -day period will begin
<br />when the notice is given.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend or
<br />postpone the due date of the monthly payments referred to in paragraphs i and 2 or change the amount of the payments. If
<br />under paragraph 14 the Property is acquired by Lender. Burrower's right to any insurance policies and proceeds resulting
<br />from damage to the Propertyprior to the acquisition shall pass to Leader to the extent of the sums secured by this Security
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<br />Instrument immediately prior to the acquisition.
<br />L Presmation *W M&iatemme of Property; LeambaMs. Borrower shall not destroy, damage or substantially
<br />Change the Property, allow the Property to deteriorate or toibatit waste. If this Security Instrument is on a lziwhold.
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<br />Borrower $ 411 romply seirh'the provisions of the lease. and i#' SOreriwer acquires fee titk�-Iii the Property, the leasehold and
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<br />fiii shot itot hterge 1pilit" Lender to in
<br />,ti* agrees the merger writing.
<br />7. lVaketioa 014a ider's RiAft is tire: Prdp y; mortgage Insurencee. lei W.rrowFr lailk to the
<br />VWC111atl[s' W agreements contained to this Secut gJnstrurnesit, rr there is a legal profi ling Ihat'i dy s; i;ri rail ' a;Tect
<br />Lender's riogi in the Property proceeding in bat,, mptcy, probate. for conalen!,,nation or to enfct lmi�s or
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<br />T1Wf ttkinsl�1t*n Under may doanfkpit-y far whatever is necessary to protect the value oftne Property and Lenders rights
<br />in the Property. Lenders .fictions may include paying any sums secured by a lien which has priority over this Security
<br />Instrument,
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<br />appearing hr, kiurt. paying reasonable attorneys' fees and entering on the Property to make repairs. Although
<br />Lender may take action under this paragraph 7, Lender does not have todo so.
<br />Any ar+uwnts disbursed by Lender under this paragraph 7 shall become additional debt of Borrower Secured by this
<br />Security Instrument. Unkss Borrower and Lender agree to other terms of payment. these amounts shall near interest from
<br />the date Odisbursement at the Note rate and shall be payable. atth interest, upon notice from Lender to itorrower
<br />requt , tins paYeunt.
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