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<br /> � TOL�ETMER WITH nif tho tmprovemonto no alo�h�e�rea�an ot antd ndtl►t oh s ohMea so 0a ao�e o0 by thto&..^c rt1y�nntNmo�tl ` _
<br /> ° 1�uro3 now or horeaftar a pnR of Ihe propeAy. ••���
<br /> . Atl ot the to:�e0oing ts re!erred to In this Soaudty InsWmnnt oo tho'Prop�riy." � _
<br /> 80RROW[R COVENANTB thnt Bortowcr la l�v�fulry o0�d of ttA ostnto haroDy oanvayod and hae the rlqht ta gcant and
<br /> ' oonvoy the Prope�ty end that tho Proporty Is uncr�oumberod, oxoopt for oaoumbranaoo ot reoor�. Borrowor warcnMO und will
<br /> doland pcnamly tho tttb to ihe Propuriy n8�tinot n��alaU+►o und demundo,aubjoot to any t�naumbrancos al reoord. � � =�:;
<br /> TMIS S�CURRY IN97AUMIBNT aombinoa un0orm oovcnunta for n�tlona� uno and �+on•unCarm eovcnnnto wlth IVn11od �
<br /> � vartatlons by jurlsdbtion to oonatRute a uNtorm s�aurily tnetmment eovering real property -w•-°:
<br /> UMIFORM COV�NANTB. 8onor+or and Lendor covanant and egree Ao Ioi!o�vs: � `rM
<br /> : 1. Peyment of Prinoipsl e�d IntereBq; Pveway�.�o�4 an� Lnto �6anr�ea.Bor�owur nholl promAlty PnY�han .
<br /> duo tho prinolpel 01 and Interest on the debt evidoneed by tho Note nnd any prepnym0nt and lato aharpoa duo undor tho Noto. � ,�,,:.-
<br /> � 2. Funds t�P T�xxea end Iflau►�noe. bUbjoot to epplbabb taw or to n written��atvar Oy Leeder,Bonower ehetl pny _
<br /> �• �,i;;;�,,,�sy to Lender on the day monthy paymsnto aro duo undor tho Noto,until tho Noto 1�pe�d N i��ti m eum('Funds")lor. (a)yan�N � �_
<br /> , � ,,,,,. texea nnd a8aosomants whbh may nttaln pdorlH over thls &heta d 1or proPertY naum ae PremEumrop(dj�YeIIrlyyt!od I�nouroncci = --
<br /> pnymenta or ground rcnto on 4ho Proporty. �1 a�Y� (Q)Y��Y __
<br /> premlums,tt any;to)Yusr1Y mortgage Insuronce D��+ mc t otymoRgagoHlnaumnaopPpmmiumn.BThOSO dGma�ttrt)a0tbdc Eao ow ''���
<br /> ' ' wfth lhe pravisbns of ParuB�Ph 8� �► ��u ot tho pny
<br /> .' ; Ituma" L.onder may,a4 any time, oolleot end hotd Fundo In an nmount aot to aKCend tho rne�Ynum iunoun! n t�on�le� for a
<br /> �;,.
<br /> } ,',;� fedoraily rolated mortgaao toan may asVuiro tor Borrawors osorow aoco�BPA�r nte a�anothor�IaweN t npPlies to th�e Fund3 .--
<br /> �� Aet of 1974 as amended hom tirr��tn ti�e, 12 U.S.C.@ 2601 ot seq. (
<br /> ' " seta n bsaur emount. If so, Lender msy,u t any timo,oaik�at and hald Funda in r�n amount not to axceod tho lessar umounL `..
<br />� lsnder may estlmate the amount of Funds duo on tho basis of ourcont data and raauonabb osttmntos of o�endituros of tuturo ,;�_
<br /> � Escrow Items or othenv�o h acoordance wNh applicable law• �
<br /> The Fnnda shaA ba fiaid in en inatlhition whos9 doposito uro Insutod by s fod9rai egenoy,hsbumontnitty,or ontity(1naludin9
<br /> ��� Lendet,It Lendor b suah en hatitution)or M nny Fedeml ttomt+Lonn Bank• Lendet ehatl apply the FunEs to pny the Eserow H�`--
<br /> �,,��' Items.Lender may oot charge 8orrowor►or hotding and nppyk+8 thn Runds,annuairy anaty�+e tne oscrow acoount,or varirytr�� �
<br /> the Escrow Items. uniass Lender pays BoROwer tnterest an thp Funds nnd aAA��� �w R�t��� to make such a i��
<br /> ,,,., ohnrgo. Howover, Lenderr may roQulro 8ortowvr to pny a ono-tUnA aharQe for nn lndopondent real eetate tex �aporting seMce
<br /> "�ti !� used by Le�idor h oonn�tton wtth this Ioan, unipss appl!cttbie �aw providos o9hcr�tvt3e. Unless an ag�na�nt ia mude or �i___
<br />}��` ' eppuoable lar�roquires In7erast to bo paid�Lender shait not ba mqated ta pay @atro�uer nny hterest or eamin8a cn the Funda. -
<br /> 8ortower and Lender rt�y n8rae in YrtPt�tA� howevar, that Interest stta'1 mo Petd on l�e funds_ Lsndet shall gb� to 8ortowsr, _
<br /> �� �.. wNhQin eRarge,en annunt acoounttng of the Funda, 8howhg emdhs ond debks to the Funds and tt�o purposo for whioh e�ah �_.
<br /> debR tn t?es funds was cnade. The Funds are ptedpod as addklona1�+trourity tor a��sums secure�bY lho Sacurity lnstrumeat
<br /> ° • It the Funds heid�y Lender exceed the em0unta pc►��d��e�1eid by aRpE��e�W��dar shali acoount to 8orto►rer
<br /> tor the 6�cCOSB FundB�n 3CCOrdenCe wflh the tequ��ot ePP��b� �W��the rimount ot tho Funds hetd by Lendct at any _
<br /> time is not euttbient to pay the Eeorow Items when��e. Lendor mny ao notHy Bortower in wr[tin9� and• In suoh ease Borrower
<br /> �" shap pay to Lendar the amount necessary to mnke up t0e defkfe�+�X• Borrower ahali meke up 1hA datioisnoy In�o more then
<br /> .,�;;�`° iwat,r rr�essttsl�O$;m�i�.Qt�andnfa sote discrotlon. � ui Re�pwat eny Fund9 -
<br /> r: : �:.. �r� si�,
<br /> Upon payment h tuil of up auma socured by this Seourity Ina�umant,i.sndm oi�ati y�►amR=s;
<br />";;5;,� hald by Lender. If,emt3a pareflrePh 21•londor oh�1 aoqute or ssli the Property.Lendor,pdor to the acqulaFtbn or enb ot the —
<br /> -•,.•••r�: PropeRy� ahali appy any Funda held by Londer at t�ya ab�+e of aoquisftton or saln as a oredk r�9einst tho surrts ss�umd by thls -_
<br /> �,'�' :' ° �f:,�;.,_., SenurNy Inatrument .-.
<br /> :.;.,�,.�,.•;,;s..,.v., �. tt�pllcation Of PeyrteOnM. Untess appi�sabie taw provldes othtitwiso. flil peyments reCONed �Y �ndet under
<br /> _ ,, , ,:r;;��?�• pg�p�t�pU�8 �and Z ghgp bp gppl�s�: first,to sny prepayment chuqp�s duo under tho Note;3econd,to amounts payable under
<br />�_:•;;:.:.'iS�;,:;f.
<br /> �. Y- paraprap7�8;thad,to interest duo;tnufth,to prinoipel duo;and IAS9.Qa�y�nte ohiuQas due undor Mo Mo.
<br /> ��: ! :'.Ph?��.� 4. Chergee; L.lens. eorrower shan pay e1� texes. nas�samente. ohnrgoa,
<br /> Nnes aris7 UnPositbna attrfbutabt� to Z7�e
<br />-��•:, ' .• propgny whi�h may atPah pflority ova'thb S3curily t�otrument,and ►ea8ehotd paymenk►or ground rents,ff enY• Bonnw�shaB
<br /> ''' pay these abUpatbns in tho mnnner provided h parapreph 2, or N not paid In tAat menner,
<br /> �orrower shall pay them on time
<br /> direatry to tho porson owod payment. 0orrowur ohali promptty tumisA to Lender e11 notk:es ot amounta to bv pald under thb
<br />�'�r,��;•TM•��r, parapraph. It Bortowsr makes thesa pCYm�� d�• Borro�var ahaU prompty lumish t� LenEer recelpta evtdenoinp the
<br />��.��_%�-�t� paymonto. over this Secu�tY Instrument untess Bocrow�: (a)agreas in
<br />�Mt,�`_� Bomowe�shau prompty disahertio any Ibn v�hbh has priorftfr
<br /> ,��,,,,,�„�,,,,_� writhp to the payment ot tho oblipatton socured by ihe lien In a manner ecco�tabb to Lender tb)aontesta h good fakb tho
<br /> Uen by. or dotends ac,�,inst oniorcert�,r►t ot tho tien In� �eBa� Proeoedhga whfoA 1n tho LenEe�s apNbn operate ta prevent the .,
<br /> �_.,.�� eMOroe+nnnt ot the fi��e;or(o)secures irom the hokler ot the Aen en e8�eement satistaotory¢o Lender eubwdlnatin8 tho Ibn fo s„
<br />�,i,�.,�-:� t6o Ovut thb --
<br /> � thts Security InshumenL�f Lender determhos thnt any part of tho PropeRy ts eubJeot to e IFan whbh ntay attatn A �Y
<br /> _—:.taii`��::�:
<br /> ��;r°.��•Y���� 8ecurfly lnaWmc�nt���y g�� Bonower a not�e Identityi��9he tten.BoROwer shatl eat[�fy 4he lisn or take one or more o
<br /> :',i:.:.�.�5>'.r,.;,•
<br /> - __�;..�{.,. tAo notbna set forth abow wkhh 10 dayo ot tho glvMip of not
<br />��',°. !3. Heiratrd OT P�6�i@P4y 1Rt.�tiCDCQ.8oeroelcr shatl keep the Improvementa now exbttng or heroaRer erented on th�
<br />�°�:� Prope�h► boured Y9at�at bss by Hre, heierd� tncludod wNhh tho torm "�ctended aovere�oh h0 am�,unta II�fl�the pettods _
<br /> ° "'_ tiuods or ftOOCirt��tor erhiah Lcrtt3��r requtrs maumnae. 'ft�i;i uieurai�i:s 6hoR�tnslnM�ne- _
<br /> _=�'``�?'•�s.� thaY LcrtEer requires. 'TA9 hsut�nCe Certbr Providii9 fite In6urenCO ahaU b�eho".e�t by Ho�svrer sub�ttl to�.endar'a approva� u_
<br /> n Londeu may�at t.enQe�s
<br /> "�°=�?"�', eihbh aheN not be unreasonab�f wfthhotd• Q Borr�wer faits to mahtain eovera8e deso►be�a�o►�.
<br /> -_"""� option,obffiin cov�taga to proteot LendE�s rqhtB h the ProptMY�g����nce with parayc�4"s p-
<br /> �, ,. �.
<br /> ctaus�.Londar
<br /> -;;�,r?�' ._ , AO hsurert�ro potbiea end renowats ahail Qo accePtabfe to•londer and ohatl Inolude a etnnder mo po �
<br /> __.�....,,'q:,rt.a �
<br />-•.,..,,.... , ,,. sAati have the rtght to hold the poliobs ena�rtaevats. If Londor ro0.uire3.Borto�+er shalt promptll►oNe to Y.onder elt roco t8 0 -_-
<br /> �. �u ,� ','. patd prembma end ranowai notices. In tho ova►t of lose,Bortower ahaU gka prompt notice to tho hsurence caMor and�ender• [�r.'`
<br /> - • ` '"'�. • i cinda enay madce proot ot baa H oot made prompty bY Bortower. -
<br /> • ':�,`�•`1i.S .n
<br /> .,�.;;,;, _
<br /> F... � rl. > Unlesa Lenda and Borrower othawise npree In wrttb@� b+�u�n�e pt0�s nhnU bo rep7ed to restoratbn or roFt�lr o�lhe _
<br /> J � �:�i�';<`" ProPmty dama9od�it lHo�tstoration or ropaP Is eaonomiculty Qeasmb end Lende�s secur�+ �not Iassenod. It the rostor�t.on or - -
<br />��. ,.�'•,s�?�'' ama •-
<br /> ��):• .. ropaY Is not oconombeuly teasbte or Lendera seeu�itY would bu bssened,the insu�ci p o�w�ha'�80����Rdon�o
<br />- '.:;;;•r��. secured by thfs Secu�ity Inatrumnnt, whethor ar oot thon duo, wfth any ez�-� p -
<br />;; ;:,',r<<,. ,Y Propt+Ry.or daes not nnswer wNhM 30 daya c►rtqtbo Mom Londer that tho Ina+rence os►rkx hus oHared to Sett�b�a�y�aums _
<br /> . ::�!.s.:':��• �` Lsndor may cottect tho Insumnce procet►d3. L.e^daf m�y uso tho procesda to ropnt or rentoro the Proya�2J� —
<br /> e i od wiU begin ard�on tho not�eo b gMen.
<br /> ., ,;�;^s;•.:r� . ==
<br /> .r�.,s seeumd by th[3 6eaurNy InaUumont,whotber or not th�n Wuo�. '�Ra�p,�n of proeeoc��to prineipal shnti not exrond or _
<br />_ ��.. '.�, Unb3s lender �d Borro�xor othorwiso agree s h8 � �nd 2 or cha�ge tho nmount ot the paymants. if _
<br />� poatpons Ne due dnte ot the monthy pulrma�ta ro'o�d to h parflgrep _
<br /> ` under paragreDh 21 tho Proporty b ae4�irad by 4anQer, Borto��e�s r�ht to ony incura�c�►Peliefes tin0 praceeda resuking hom �
<br /> ----��----:-* � .� o.,...�„ .,.w *� �ne nnautafNon SnaU puas to Londer to tho extont of tho suma by this Sc+cudhr inahumont
<br /> _— ___-.'"____ {jmt�dQ /Y M�v �rvrwy �..�. '_ _ . ' _—
<br /> ' Ynmediatety priar to the acqulsitlon. Berrewer'e I.oan �
<br /> � 6. Occupar�ay� Preaervetlon, Maletenneao and �roteeuon nf the Propertjl;
<br /> - , dppll�tien;Le��eholds. Borrowar nhen oceuPy.oaffiblkth.nnd uso the Proptxty as 6ortov�ors P a�Borrowsr'a prtricpal �
<br />= epny darg qftei tRo �cecutbn ot this SocurB�r inaUumont and ah4U coMMuo to ocCUpy M hP��Y whfaA coasant ehaG not �
<br /> r�ssiQertCe lor c1t tea�t Ono yetu nftttt th0 date Of oCeuP�t4Y�untos9 La�dESr othanvise g9roes
<br /> � bo unroasonaby wfihhald.or un�esa o x t onu a t�n g e l x u r m.�t a n e o s e x t s t whbh nro ls o yond Borrov�e aanvo�. Borrow�x c�h Ia b o I n
<br /> '- . , dostroy.dama8a or imyair tAo Propc�rt�r�Nbw tho ProPe�h►to�oterioram.ar corrmft�laste on tho P�opaty. x
<br />� . dMaulL U MY fotM!htte eCtFanro�t�mnterin�N ImAalr(tharlian erc�t d Y�is Sc�curih►in�Wmont or t.�ndc»'»omsoeuritY htemstk �
<br /> . h tortofturo of the Rro{wth► �.
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