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<br /> 107439 ''� -
<br /> � � 90-- ; ���,
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<br /> � � � UNIFnRM COVENANTS Borrower and Lender covenont rnd agra us fi�U��w+.: '�' � , . '�, ��
<br /> • - pt�peyn�eat�nd!!�tt Cl�ary�ra. llitirrowrr+hall pr��mptly�pay«•hen dur "••'�,.,__•;�_7i14_�=�_
<br /> „ ,, . . � 1. P�yineat of Priacipsi a�3 Zatcrr.t; �,..�--—�
<br /> • •• � the principul uf and in�e�es�an�hedebt evidenced by thr.Note and any prrpuyment und Ic+�e chargr�due under�he N��te. � :r.��.,:.4 e„,,�y_
<br /> 2. Fuad�fo�T�xW�nd In�urance. Sub�ect to upplicable luw ar In u wriiten waiver b�•l.endcr,Bc�rt��w•er shull pay �:�w;:�!�__�.�.:;__:.y� �
<br /> � la I.ende�on ihc day monthly paymcnt�are due under Ihe Note,umil the No�e�r puid in full,u�um 1"Fund�"1 ryuul a► � .r;:r_�
<br /> ° „ ' � ono-twelRh oE (a) yearly taxe� and assessments which mAy �ua�n p�u�rny o�•er thi� Srrur�q• In��rumrn�: Ib1 yrurl�• ' , � -
<br /> leasehold paymenls nr ground renta on �he Pmpe�ty, if any; Ic> ye�rly hoin�d insurunre premium�: and !dl y�carly
<br /> • mong�ge insurunce premiums,if any.These items are called"e�cr�w rtem�c."I.ender mpy e�umut�Ihe t�unds duc nn ihe �- � �i��„�
<br /> � basis of current duta and reasonable es�imnte�of fu�ure escraw�temti. ;� , . � ' �' ��
<br /> The Funds shall be held in ao instituuon the depoxits or pccountti��f whuh ure imured ur guu�antreJ by�fcJeral ur . . .rY
<br /> state agency(iocluding[.ender if Lender is such an iostitulion).Lende�chall Apply Ihe Fundr to puy �hr�wrro��'itrmti. • _. -
<br /> -- Lender muy not charge for holding und upplying the Funds,unulyzing the Account ��r�•eriPy�ing Ihe rticrow i1em�,unle+s
<br /> L.cnder pnys Borrower inlerrst �n the Funds und cpplicable law permi�s Lender ta makc cuch u churge. Harrower und
<br /> Lender may ugree in writing �hAt interest shull tx puid on the Fundb. Unless an ugrrement i+mudr ur upplicuhlr IuN•
<br /> requires interect to be p:iid,4en�der shAll not be requiced lo pay 8orrower uny mte��si or eurnings on the�unds. I.ender i
<br /> shall grve to Borrower,without charge,an annuul accountingof�he Funds�howing�redit�und debils�a the�undc And the �
<br /> • , purpose for which each debit to the Funds w,as made.The Funds are pledged U�additionul+ecun�y Por the sums secured b�• ,
<br /> • thisSecu�ty Instrument. .
<br /> ' 1`the amoum of the Funds beld by�Lender,together with the Puture monthly payment.of Fund�pa�able pnor ta
<br /> ' � ihe due dates oi'the escrow items,shall exceed the amount required to pay the escruw nems Nhen dae.the enccss shall be.
<br />. • ut Borrower's aption,either prompdy repaid to Banoa•er or credited to porrower on inunthh��+a}meMs oP Fund�.If thr
<br /> pmount of the Funds held by Lender is not suiTicient to pay�he escrow items w�hen due.Bonower shall pay to Le�der any �
<br /> amount neccs.4arc:v mAke up the deficiency in one or morc payments a.+requ�red b��Lender.
<br /> ;�' Upon g�ayra�rnt in full oP all sums secured by this Security Inslrument,4rnder shull prumptl�•refund to&�rruwer � •..
<br /> � „�, any Funds he4:1'b• l.ender.lf under pnragru�h 1 Q the Propert y i�sold ur acqwrrd bc 4ender,Lendrr shall apph•,nn later � � _
<br /> ' ,, �.•�� :, thae►imrnedin�e]} prior to the snle of the Pn��rty or ns acquisition by Lender,any Funds held h� Lrnder:u the�ime of ,f ,, .
<br /> �; ar�ar,�aaia+o�a.a credit against the sums secured by this Secun�y lnstrument. �• , •z
<br /> 3. App•llration ot Payments. Unless applicable faw p•ovides otherwisc,a1G pa.•men�s rece��•ed by Lender under -
<br /> �1."' parag�a�►'hw I urn�l�:�ha11 be upplied:first,to laee charges due under the Note;scYOnd,to prepayme�et e'harges due under Ihe � ;�,',. ,
<br /> ' Nate;th�rd,t,�nmaunts payable under para�2ma�+'h 2;founh,�o interest due;and last,ta principul duc
<br /> ;' 4. Clu�vges;I.iens. Barrower shall pay nll tascs. assc�ssments,charges, finesund im{+ositions a�tributablr to the
<br /> �'�'', �• � • �;+�" Prn�,erry which may attoin priarity.over this Securia} 7nstrument, und leusehold payments or ground rents, if uny. . � :
<br /> � ' '�'�. � " Borrower shal)}my these ohli�aaion�m the rinanner pr��ided in parAgraph 2,or if n��t paid in thAt manner.&�rrower sholl
<br /> � .
<br /> � �;,,�;, pay them on time direcHy tn 1h�r person oa�ed payment.Ac�rrower shaU promptly furnich tn Lender nll no�iccw rf amounls
<br /> ��, ,;�_�; to be paid unt��r�hi��aragraph.lf Borrnwer makcx these pnyments direcUy,Borrower ghaU promptly furm�h tr Lender � r,.•�
<br /> � . ,'+ �•:��.�.,•. receiptsevidencingthepayments. ''�{;. ,
<br /> .? `'`''"''' Bcxrower shall promptly discharge any lien which has pnonty ovcr this Secunty Intilrument unless Burrower.(al
<br /> � ��, .• azc�res in writin�to tht�+pyment of the obligation secured hy�he lien in u manner accep�afile t��Lendrr:lb)contests in good "'��
<br /> � ' • Saith the lien b}•,nr defends agn�nst enforcemen�of the licn in,legal prcxeedtngs a�hich in the Lend�r�opiniun o�rate to
<br /> . ' ' prevent the rnforcement o!the lirn or Parieiture of any part of the Pr�}xrty;or(c)s�tures from thc holder af thc lien an ,,.,.,,
<br /> �� . .
<br /> • ogreement satistar�ory to Lender tiubordina•tin�the lien to this Serunt� lmtrument. If Lendcr dctermincw thac�ny par�of , �.
<br /> the Property�s subject to a licn which ma�•auvm priority over this Szcurity Imtrument. Lender may give Borrower a . ���,., •�
<br /> notice identifying thr lien.&xrower shall sausfy�he lien i�r take one or more nf the uctionr set fonh above wi�hin 10 days '
<br /> of the giving uf noticc.
<br /> 5. Hazard lasurance. Borrowcr,hall krep�hc improecment�now cxititinF or hereaftcr rrerted c�n�he Property .
<br /> insund againsl lrss by fire,hazards mcluded x•ith�n�he�erm"rx�rnded cnvcrage"anduny othcr haznrds fi�r which Lender •
<br /> requires insurar.ce. Thic rosurance shull br muinluinrJ in�he amoun�s and f��r the F+eriodti thut Lender requirea. The ,
<br /> •: insurance carritr Trm•id�ng the insurance shall be chosen by Borrowcr subjert to l.enJer'�appravAl which shall not he ',', �.
<br /> �.
<br /> � ' unrensonnbly withheld. .
<br /> �a . � . All inruranre(x�licia�and renewalx ahall t+e�c�e�ta�le to LenJer und yh:+ll inrludr��tundurd mortgage clau�e.
<br /> � '��'��; �' Ltndnr shall h:�ve the right to hold the{wlicir.and rene��al+. If l.ender rryuucw,B.�rrnNCr shall promptly givc�o Lendrr
<br /> . r��,,��:; i .
<br /> • �:� all receipts of paid prrmiums and renewal nc�ures.In the e�em nf li��.. &�rroWrr.hall�ice��rnrrsp�n��sice to th�insurance
<br /> ` carricr and Lrnder.Lender m:+y makc prn��f nf l�ws if not made promptl}•by Harn�w•er. � .'
<br /> ";� .� Unless Lender:md Rorrowrr��therwi�r:+gr�r ro wnling,mtiurance pnxeed.�h•rll Ue appli�d to rrstorution or repa�r
<br /> � u1 lhe Property damagcJ,if'thr r�wtoral�on or repair i<ermn��micall}•feas�ble•rnd l.cnder'+�crurn��n not levsencd. 17 tfie �,
<br /> , ,` �� restorati�m ur repair��not ecarn►micully feasiblr ur Ltr.:.�r'���runly N�i,uW Mr khsrneJ.thr�n+urance proceecl�sfiall br i
<br /> � npplied to Ihe�um�+ccurrd by thi�Secunt}•Instrumem. whether or not thrn duc,a��th uny excrc,paid to Horrower. lf
<br /> � Borrower ahav:::rns the Pro�xr�y.��r J��r��ot antiwer aitMn 30 dac�a not�ce fr��m L�ndcr that thr inxur�nce cs�rrier haK •• � ' '
<br /> • offered to uta:e a:laim,then l.ender ma}c��llrrt the mtiur•rncr pr��.�z::� I.ender muy u�e thc pnx:erds to repair��r rextore ,, • � .. ,
<br /> � ' . the Property c+s i,�pa�•wmti�eeured by th��Scwurny Imtrument. Whu:her ar ncx thrn dur The?0•da�•peri�d aill t�eF�n � ,
<br /> ' � wfien the notice iti gi�en.
<br /> ' ' Unlrss Lender anJ Fi��rraw�rr o�herw�+e agrce m w r�ung,am•a{�phralwn.`i rr,'«��1���'pnnr�pal�hall not ex�end o� • •
<br /> � ' �c+�apone the dur da�e��f the manlhly�a�n^-,nl�referreJ to in paragra}�r.1 and�or:hange the:+mnunt��f the pa}mentti.If
<br /> un�er paragrarh I Q thr Proprrty��a:y,scr•:.�:+y Lrnd�r.Bnrr��aer'.r�whc t��am in.urance�mhcir+and pnxec�t�r�wulunF
<br /> Ifr4 en damage 1�+�hr Pn�prrty�+nor t�•thr a:aw.�c�����n�u�;�.•���(_rr..iar i��thr rxtent i�f Ihe�um��erured h�•this Secunt}
<br /> Lr�•arumenl immedialel�prx�r to the a:yw�u�an
<br /> • 6. Preservatiu��Gl�tyintenance of 1'ropert�:l.caseAolds. H��rr�•a�r•�?,,�I n��t J�wtro}�.d:imaPr��r.uP►.c�nuall}
<br /> :hange the Pcrpert}. �I[�,y rlle Prn�:rt}' tu detenrr�ta.•r:rm*ettt aa�re If ti2�. :�unt} Intitrument i.nrt a fer,rh�,ld.
<br /> Bnrrov►er+lea0[c��mply Nith�he�r��«•n,m��f�hr leax.aaid�t li��rr.w�•-y.q��i;�.tee utlr t„th�Prc�perty.the leatehe.ld:+n.3
<br /> . fte litlC.PuIC�7��t merFe unlr«l endcr-i�cr��c.n�t he merc<<�n wnn n::
<br /> 7. Protection ot Lender's RiRhts in t�e P'rnpee�p: �1a�rt��e Oce,►ur�ace. li I���rr��wrr fad� a� �rf��rm �he
<br /> cc,�ennnts und agrctimru�.romaincJ m thi.tir�ur�n ln.rrum�:nr ,,r rh,:r���.�I.��z.�l �n��rrJinF�h•r�ma> •iEmti.antl� :►dect
<br /> �.i...._ � ...I..mn�.t�.�u �ir hi rn��lfiB�dW�11L
<br />-- . �.rI1dC�\ flRhh Itl Illl' Yfl��trf1' I�UCII :1� :f (�I���ccciiuu ni i,.iuwiu�:�}.j......... .:"::`..__....._... -.
<br /> � rrgulauon�l.thcn l.cnJer ma��J��anJ ra} f��r��hatr.rr i.nr�c�.ar�w rr,,tect t hr�.+lu�ui�hc 1'ro�xrn anJ l rndrr'.risht�
<br /> ' m thr Pror�ert� l.rndrr'�art�nn.ma� mrluJr p.�yu��:.m� •um� .r.ured h� .� hrn��hi:h ha.�nrnn �•�rr rh��5r�uni�
<br /> 1 Inrlrumrnt,apprann�;m r��url,r.i�m�re.�u�uaMr atl��rnr�.'frc..md cntcnnf�m the Pmprri� a�m.�Ar rrr.ur� Alrh��u�th
<br /> � Lender mac talr acuan w�der thi•pardF6lrh�.1 rn.ler day nrt ha�i tOi�i�r�'
<br /> Am amounh di.bur.rd h�1 rndrr iu�dcr ihi.p.�rugruph'.h�ll t+e«�mr.�ddiw,n.il�1rht��f li��rn�wcr���:ur�d h�tM�
<br /> S�unt�In+trumrm l'nl��.li��rr��NCr anJ 1 rn�irr.�Ercr ta�.thcr t�im,��tp.�+nu�nt.ihc�r.�m��unt..h.�ll h��r intcrc.t fn�m
<br /> � �he d��r of d��hunemrm .�I Ihe \��ti r.�t�.md .h.dl Ix pa�.ihle. ���th intrrr�t. u��•ri n��u.�� tn�tn I c��.1rr ��� Hrrt��wet
<br /> �
<br /> reque�tmF payment
<br />
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