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� � 89-- iU5982 11NlF(�11M�OVENAN'I'S �rtaw��and I,ende�cavenant and aarea as fallows: f. Pay�e+�t of Pri�ci'al ui i�teral;Pr�y�t aw�I.�te 41��t�es. Aarrower shali promptly pay when dur r• the priacipal of�u►d interest on the debt e�idenced by the Nate and any prep�yment and la�e charges duc under the Note. 2. Fo�it tor Tsxa�t�awce. Subject to applica6le law or to a written waiver by Lertder,Borrower sh:l1 pay to Lender on tht day monthly payments aa due under thr Note,until the Note i9 paid in Pull,a sum(•'Funds")equal to onrtxdRh af: (s?.yarly taues and usessments which may attain priority over this Security Instrumenr (b) yearly k�tehold payment� ar �rt►und rents on thG Propeny. if any; (c) yarly hazard i�surance prem�ums; and (d) yearly mortpse iruurancr premium�.if any.Thae items ue called"acrow items."Lender may estitr�ate the Funda due on the bssi�oi'currait data and rasonable atimates of il�ture escrow items. The Funds shall be held in sn imtitution the deposits or�ccounts of which ue insured or guaranteed by A federaf or state a�eacy(includin=Lender if Lender is such an institution). Lender shall apply the Funds to pay the acrow items. Lender nsay not chuge for holdina and applyinE ihe Fund9,analyzina the account or veriiying the escrow items,unlas Lender pays Borrower iaterat on the Funds and applicable law permits Lender to make such a charge. Bonower and Lender may a�rae iA writina thu interest shall be psid on the Funds. Unless u►aareement is made or applicable law r+equira iaterest ta be paid,Leader shaU not be required to pay Borrower eny interest or esrnings on the Funds. Lcndu thall pve to HorroNer,without chuae,�n annwl accounting of the Fvnds showing credits and debits to the Funds and the purpose!or which ach debit to the Funds was madt.The Funds ue pledged as additional security for the sums secured by this Secwity Imtrumrnt. If the smount af the Funds held by Lender.together with the future monthly payments of Funds payable prior,to� the due dates of the escraw items,shall exceod the amoant roquirea tQ pay the escrow items when due.the excas shall�be, st Borm�ver's�ption.either promptly�epaid to Borrower or cnditec�co Borrower an monthly payments oP Fundc If the ameutet ot'the Fur�ds hetd by Lender is not sutticient to pay ttie escrow items when due, Borrawer shall pay to Lender any =mount n�ry to make up the degciency in one or more paymenu as rcqmred by Lender. Upon paymrnt in full of all sums secured by this Security Instrnment.Lender shall promptly refund to Barrower any Fundt held bry Lender.lf under pir�graph 19 the Pmperty is sold or acquired by Lender,Lender shall apply,no late� than immadiately prior to the sale of the Property or its acquisition by Lender.any Funds heSd by Lender at the time af appficatian as a credit asainst the sums securod by this Seca�rity Instrument. 3. A�1icaHo�ot Psy�sb. Unless applicabte 8aN provides oiherwise.�Il payments raxived by l.ender under g+rrr,Se�n�h!1 ar�d 2 shall be appli�:first,so latt charges sfut under the I�ote;s�rond. ta pregagrec�t ehsrga dns unsier the • Notr,third,to unounts payaDle under pus�raph 2;fonrth,to interat due;and last,to principa[due. F 4. C�arNr,I.ie�. Borrower shall pay all tua.assessme�ets.charga.aaa and impositions attributable to the Property �vhich may attain priority.over this Securih �nstrummt. and leasehold payments or groure� rents. if any. ' -- Anepnlrrr ehwll nwY thr.v nhli�tinnc in(h�msnnrr�+rnaief�rl in nwr�or�nh 2;t�r if pnt�i�l in t}tf�t tn�nner_.$nrt[fver ehall � _ p�y them on time direcdy to tl�e person owod paymrnt.Borrower shall promptly furnish to Lcnder all notia�oi'amounts �-- to b:paid under this para�raph. If Bonowea mskes these psymenu directly.Bonower shall nromptly furnish to Leader ; �� reoeipts evidencKnE the payments. . 8orro�ver ahall promptly diachu6e ang lirn whieh hu priority over this Saurity lnstnemrnt uekss BorroMer:(�) • a=rea in+vritinE to the payment Qf the obtig�tion aecuraf by the lirn in a mtnner acceptable to Lender;tb�contests in good - f�ith the lien by,or defeads apinst rnforcement of the lien in.leaal proceedinas which in the Lender's opinion opente to Prevmt the enforoement of the lien or forfeiture of any psrt of the Property;or(c)secures fram the holder of the lien an ' ajr�eement aatisfactory to Lender subordinieing the lien to this Security Instrumen� If Lender detesmines that any par�of the Property is subjxt to a lien whicb may ittain priority over this Security Instrument. Lender may gitie Hatroaer a . notice identifyina the lien.Horrow�er sh�ll satisfy the lien or take one or more of the actions set fonh abave vaithin 10 days of the�ivin�of notice. S. H��ard I�anMCe. Borrawer sb�ll keep the improvements noM existing or herdfter erected on the Property ensured a�inst loss by fire,huards included'�►rithin the tesm••extended covenge"�nd�ny other hazards for which Lender — requires insurance. This insurance shall 6e maint�ined in the amounts and for the periods that Lender rcquira. The � insurance carrier providinE the insurance shall be cha�by Borrow+er subject ta I.�nder's spproval wliich shall not be unrenonably�vit6held. ` '� All insurana policia and rmewsls shall be accepEable to Lender and shil! include a standard mongage ciauce. = Lp�der shall have the right to hold the policia w►d renewrats.If La�dtr requires,Borrower stsaIl promptly give to Lender - all reoeipts of paid premiums and renew�l notica. In t6e event of loss.Bonoaer shall give prompt notice to the insurarccc curia and Lender.l.ender may m�ice proof of loss if na enade promptly by Borra�rer. Unless Lrnder and Horrrnver otherwise sgree in wriqna.insnnncx proceeds shall be applied to ratcntion or repair of the Property damsgod,if the restontion or rep�ir is xonomicslly fasible and l.ender's security is not lessened. If the ratoration or repair is not economic�tlly fasible or Lender's security Mould be lessened.the insur.ncs proceeds shall be applied to the sums secured by this Security Iastrumtnc.whether or not then dne, with any excess paid to Barrower. If Horm�vet abandons the Property. or das not ans�ver within 30 days a notice from Lender that the insunnce camer hu oA'aed to settk s claim.thrn Lmder may collect the insurance proceeds.Lendcr may use the proceeds to repiir or rcstore the Property or to psy sums secured by this Security Instrument,whether or not then due. The 30-day period will begin �ben the notice it givm. Uakss Lernd�er and Borrower otberw�ise agree in writin6.any application of praeeds to principal shall not eztend or postpone the due date of the monthly payments teferrod to in paragraphs 1 and 2 or change the amount of the payments.lf un�da pangrap6 19 the Property is acquire�by Lender,Bonawer's right to any insurance policies and procteds resulting from dama;e to the Property prios to the acquisition shill pus to Lmder to the eatent of the sums secured by this Secunsy ,-___,_ __ lnstrument immediately prior to che acquisition. • i. Pt�tallo�a�d M�i�te�aeice of Pro�erP�;i�auelwlds. Borrower shall not destroy,damage or substanually ci�atiEe the Property. albw the Property to deteriorate or commit wute. If th�s Secunty Instrument �s on a leasehold. Borrow�et ahall oomply with the provisions of the lease.and if Borrower acqu�res fee t�tle to the Propeny,the lersehold and fa titk shall nbt merse uafess L.ender agrees to the merger in writmg. �. Proteetio� ol Leider's Risbts tn the Pro'erty; Mortp�e Inrurana. If Borrower fatis to perfurrn thr covenants and aareements contained�n this Secunty lnstrument.or therc�s a legal proceedmg that may s�gnificAntly affect � L Lender's riahts�n the Propeny(such u a proceed�n6 in bankruptcy, probate, for condrmnat�on or to enforce laws or t+ejulations).thm L.endet may do utd pay for whatever is necasary to protect the valut of the Property and Lendrr's nghts in the Prapeny. Lender's acnons may include psying any sums seeured by a I�en wh�ch has pr�or�ty o�er this Secunty t� testtts:r.:zt,appes:tng in caurt,pay�ng rtssansbk attornty�fr:s sn�entrnng o:�th�Prn=.�ny t;�n�ake rep��rs 41thc��gh �� Ltt�der may take action ur►der th�s paragreph 7.Lender does noi have to dc�so Any amounts disbursed by I.ender under th�s pava6raph 7 shal)txcnme addaic�n:,i deht rf Hi�rrower cc�►urtd h� th�ti ;,, . 5ecunty Insttum�n! Unit�s Ek+rrc►wer and Lender bgtee to��her termc nf pa�ment.t he5e am��unt.tihali�ear mtere�t f rc�m Ihe date of Q�sburxement at thr. tiote tate �nd LTtali ht payable, a�t� �nterrct. u��n nohc� fn�m 1 emier t�� li��rr��Nr� rec�ut�aina psy rttent �