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<br /> UNIPORM OOY�NAN73. Bo�f�ow�er and Lender wveft�nt and a��ee as fdbws: ��'1����� �=" _
<br /> � l. P�yw�t ot Prird/d a�I�Pn/�l�t�L�� ��wer shdl promptly paY when due .��-�..=-�i----
<br /> . tl�e PrinciPd of and iaterat on the debt avida�ced bY tbe Note md any PrepaYm. � �`"�':.���:—_—�-°
<br /> ' ent�nd lale char es due ueder the Not�. .,.,,�,:,.,..�__-,
<br /> . . R?�T'"
<br /> 2� Fr�tar T�e�u�I�nwe�. Subjec�to�pplic�ble I�w or to s wnUen weiver by I.et�der.Borrower:hall p�Y : "::'� :';,'
<br /> ., �� �' to i.er�dor au the day moethlY p�ytnaus�re due under ths Nate.until the Note is p�id in full,a:um l"Fund:")oqwl lo � . � �
<br /> one�tw+dlt6 of: (�}yarly wca and a�asrnents Mhich may atuin priority over �his Security lo�tn�meet; (bl Yearly � ,
<br /> ' Ieaxhald pymp�ts or�ound anu oe the Property. ii any; (c) ya�ly ha�M iaturmce premiums; �nd (d) yarly � �
<br /> • `" . matp�e i�quranoc premiums,if any.Thae itsms ue cailod"ac�ow i�emi."I.ender m�y estim��e the Fuad�due on the
<br /> ' ba�otcurra�t dau u�d re�onabk atimata of future aaro�items. ��
<br /> � � 'I'6e Fundi sball be fieW in an insdtutian the deposits or acoounts of which ue insurod ar�wnnteed by�federal�r
<br /> stwte+w�ea�,�r(taa�ludia�l.ender if Lenda i:such�n irutitution).Lender shall�pply the Funds to pa�K tbe escrow itans. �'
<br /> ' I,isider aasY nat clnr�e for holdin�u►d applyin�the Funda+►n�y�8 R�account or verifying�be escrow items,unlas ,
<br /> l.eader p��Barro+rer interat on the Fund�and applia�ble law perniits I.ender to make sucb�cR�arQe.Bor'rower md �
<br /> • Lmdex may a�e a►�vritfag thst interat�ha[I be paid on the Furds Un�ess an�g�eeme�t is m�cie a�r a�Qlccable bw .
<br /> raquinp iatenst w be p�id,l.e�kr sh�ll not be roquirod ta pa�r BorroYer an�r interest ur arnmgs on��e Funds.O.ender �. � �
<br /> . � �h�p�ive to Borro�wer.�vitboW c�arge.an annual�c�oountiag oP tl�e Funds sAawing cred�ies and debits to the Fwreis�ad the �
<br /> ,,� � •� p�tpa�se for wrhich eub debit w the Fw�dt rvas made.The Fwds are pkd�ed u�ddilaiw�U secwity for 1he wms secu�+ed by 1
<br /> , ,., th�SecuriRy leest►�etit.
<br /> lf tbe atncwoat of the Funds held by La►der,together Mith the futute monthly payments aF�'�wnds payahls prior to i
<br /> , tbe due dstes ot tbe acro�v itaas�sluU racceed the amount required to pay the acrow uems when due.the excess slull be. ; ,
<br /> �¢�c+rtowa's option,dther proraptly repaid to Borrower or credited to Borrower on monthly payments oi F�aaw9s� lithe � �
<br /> ' �aawe��af the F�md�held by Lmder is not wl6cient to pxY tbe escrow items when due. Borrower shall pay to LerwL'er anY ' ' ' _
<br />. amou�t nea�ary to make up the de8ciency in one or more paymenls as required by Lender. + '
<br /> � ' � Upon�a�aaent ia fWl of al!wms�ocured by tbis Security Instn�ment, Lender ah�ll peompUy refund to Barrower
<br /> . • , eny Funds held 6y Lender.lf under par�rsph 19 the Property is sold or acquirod by Lender.Lender shall apply.no later
<br /> � � ' '`��`' thaa immediaWy prior to the e�le of the Property or its acqu►sition by I.ender,�ny Fonnds held by Lender at the time of • _
<br /> ,- �.�i.�,�-;'��, i � -
<br /> .:,,,.'}.S`�ti appYcation�a crodit apinst the sums�ecured by this Security instrument.
<br /> � 3. ANllatloa ot Pa�t�. Unlas applicable law provida otherwise, aii{wyments received by Lender under ,
<br /> ,, p�r�prtplts 1 and 2�lull be applied:drst,to yte ch�rga due under the Note;second,to prepayment chuga due under the , �
<br /> • ��� NotC third,w�e�ounb psyabk under pwagr�ph 2;fourth,to interat due;and lat,to principal due. ::� : .
<br /> � . 4. CY�r�Vw, gorm�►rer�hall psy all taup,sssessmmu,charga,flna and impositia�s ati�butabk i�the ,.,,;; :.
<br /> �.•�': pcapetty w6ich may attain priority,over tfus Security Imislrument,and leasehold�yments or ground renRS, if any. ';?•�:��;
<br /> �',;`'l:�,. ��`' B�rrm�er slull p�y thae obli�atioru in Ihe manner providesa in paragraph Z,or if n ci�aid in that manner.Borr�w�r r�hall
<br /> ;•�•;•: ' p�y thaa on time directly to the person owed payment.&�av,wer shall promptly fumisfi io Lender all notices aPar.�ounts
<br /> ,� � to be pid unde�r ahia pua�raPh.IP Borrower m�lca thae payments divec7G}•,�arrc+a•er shall promptly furnish to Oxnder
<br /> � reedpq evidetieinj the paiyments. . ,
<br /> � Borrower dWl promptly diecharge sny lien ahich has priority over this SecunT3 Instrument unless Horrower:(a)
<br /> ' ��in wtitina W the payment of ehe�nbligation secured by the lirn in�manner accep t�ble to Lender;(b)contes�a dn good ,
<br /> � ' fa�t1 rt6e leen by.or ddbnda againu enforcement of the lien in,leg�l procadings which im the Lender's opinion��edate to `�
<br /> , • ,pserent the enforcement of the lim or forfeibus•e of any part af the Propeny;or(c)sec u�a irom t'he holder af the lien an � . _,
<br /> ', �grxnxnt s�tisfictory to Lender aubordinaling the lirn to this Security[nstrumcnt.lf I.ender deterre�ines that any pan of .'•�
<br /> � W�e Property is subject to a lim which may attain priority over this Security Instrument, I.ender may give Borrower a •
<br /> �ratice Ida�dPying the lien.Borrower�hall sstisfy the lie�or t�lce one or more of the�ctions set forth abave within�0 days ,.f'�:, .
<br /> �'the�ivin�ofnotice. , '
<br /> � S. N��ard I�sunece. Horrower shall keep the im�rovemenu now eaisting o r hereafter erected on the P�openy ,
<br /> insurad against las by 6rc,Fiaz�rds included within the term"extended coverage"ond any other hazards far which L.ender ,
<br /> •'' requira imurana. This itGwnnce shall be maintained in the amounts A�� for the periods that l.ender requires. The
<br /> '� � imurana carrier providinQ the iiuursnce:hall be chosen by Borrower sufiject to Lender's approval which shall not be ,
<br /> .���.�� unrea�onably withheld. ,
<br /> .,`,;;�; ' � All imurana policies and rcnewals shall be acceptable to L.ender and sha�0 in�clude a slandard mortgage clause.
<br /> . � Laider dWl have the right to hold t6e policies aad renewals.If Lender requira. Borr�nwer shall promptly give to Lender ,
<br /> dl reoeipts of paid premiwns�nd renewal notices.ln the event of loss,Borrower shall give prompt aotice to the insurance
<br /> • . •.•� camer uid Lender.Lender may make proof of loss iP not made promptly by Horrower.
<br /> � i • Unless Lender and Horrowerotherwise agree in ariting,insurance proceeds stiall be applied�o rcstoration or repair
<br /> �� '�' of t6e Property damaged.if the ratoration or repoir is economically kasible and Lender's security is not lessened. If the
<br /> ; ratoeation or rcpai�is not economically fasible or Lender's security would be lessened,the insurance proceeds shall be
<br /> ' ' ; applied to the:ams secured by thi�Security Instrumen�,whether or not then due,with any eacess paid to Borrower.[f .
<br /> � , Borrower�bs�ee�ons the Property,or das not answer within 30 days a notice from Lender that che insurana carrier his
<br /> ofFaed to settle a cWm,thrn Lender m�y collect the insurance proceeds.Lender may use the proceeds to repair or restore .
<br /> � ��,.. � tE�e Property or to pay sums secured by this Socunty Instrummt,whether or nox thc�due. The 30�day period will be�in
<br /> ;;; � wbue the notice u Qivm. '
<br /> � � Unlas Lender and B�+rf�er otb�crwise agrce in�xa+tmg,any application oipra�eeas to principal shall not eRtend or
<br /> postpone the duoe date of the mo�rtC��}���ts referred t.*oa�paragraphs 1 and 2 or change the aa�ac�eont of Ihe payments.!f
<br /> . '� ' � �nderparagrs�19 the Pro;peca�asa::cyu�rec3�y Lender.9onower's nght to am rasuramcc�olw�esRCa3 proceeds resulnng
<br /> ' �•,;`•'r r'; . ftaa� d�aw�e[o cBe Propernp�rioe as nQae ar�wsn�an sCoatt pass to Lender ta t he cxten��t the sums secured bq�ha Secuntr
<br /> � loar�ment�meeedwteip�ccmc a�r.t�e acquisitan.
<br /> i,, �a�i!1y�teoance of Prope►f8:1.anQholds. Borruwer YPrall not destroy,damage or s�c�start�tuliy
<br /> . _ �____�_. ._�_.__.._.....r.... ..... ..�.��. If eh.c Secunrv Instrument �s on a [tase60id,
<br /> � cnmgc irwo�rvperiy. iii6w inc r��ryc��� �v�....�.�...�.�... ...:L'
<br /> � Bortarer shall comply with the provisions of the lease,and if 8orcower acquires fee atle to the Property,the lasehold u�
<br /> � faeti[kahall not merge unless Lender agrea�o the merger�n wntmg.
<br /> , 7. Protecttoo of Leader'� Ri�ts ia the PropertY: Mun�e �nsunnce. If Borcower fads to pe�form the
<br /> I coveeunts�nd agraementi conqmed in this Secunty Instrument,or there�s a legal praceed�ng that may si�nilicantly alfect
<br /> � L,enda's rights in the Property(auch u a proccedmg m b�nkruptcy, probate, for condemmt�on or to enforce laws or
<br /> � rqulations),then L.ender may do and pay for v►hatever is necessary to protect t he�alue of Ihe Property and Lender's nghts
<br /> in the Property. Lender's scuons may include p�ying any sums secured by a I�en wh�ch hu pnont�� over th�s Secunty
<br /> I�utrument,�ppearing in court,paymg reasonable attorneys'fees�nd entenng on the PropeNy to make rcpa�R. Althou�h
<br /> � Lender may take ution under th�s paragraph?,Lmder does not hwe�o do so
<br /> Any amounts diabursed by Lender under this pangraph 7 shall become add�tional debt of Borrower secured by this
<br /> Saurity Instrument.Unlas Borrower�nd Lender agta to other terms of payment.�hese amounts shall bear mterest from
<br /> the d�te of disburxment at the Note rate�nd shall be payable, with mterest, upon notice f�om Lender �o Cbrrower
<br /> ��swr��.
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