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<br /> FNN1A/FIiLMC DEED O� TRLISTpy Page 2'ot S •
<br /> A2•24-1Q99 ,P�
<br /> . Loan T!o 55619 �, � (Continued) � 3 =� .
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<br /> UNIFnPM COVENANTS• Botrovlar urtd Wrxlor covenant nnd nprua as follown: p �Q��o tho princ�pal ot nr�d Intorost on ,
<br /> 1. Payment otPAnctp3l md Inurc�tts PreDayment anJ Ltte Chuges. Bottawor shnll rompUy p�Y ,
<br /> tho dcbt ovtdoncod by Uro Hoto nnd nny propaymcnt nnd into chnrQos duo unclor tho Noto.
<br /> Z. Fund�!or Tazes m�►nsunner. Subjcet to uppllcnblo lae�or to a writton walvur by l.endurCB°f�os a d"assossmon��whtch mny nttam
<br /> , monthy paymmit3 aro duo undoT iNa Noto,unlit the Noto is puld�n fu��,o e�ohotd�p�ymenta ur flro�d ronts on the Proporry,N uny: (c1 YQ��Y "
<br /> � prtariry ovcr thhs Sceur�ty tnstrument ns n Usn or►fho Proparly: (b)YQadY �n�umnc�premwms.If nny;nnd (Q anY
<br /> � h�nrd or propnriy in�umnae premlums; (d)yearty flood insuranco premiums,�t nny; lo)YeA�9��� �ent ot mortBuEle tnsuranco promium9. ;�,,.
<br /> sums pnynba by Borrotivar to tsmlor,in aaro�dance wlth tho provlsions of pamgrnph 8,In Ileu o!the Ray� -
<br /> .n_� � Thoso Iterr�nro uil►ed'Escmn Item9.' Lortdar may,at any Umo,couact e►�d hold Funds in an arreount rtotto oxcead tho meximum artaunt n lendor
<br /> for a tedataity retated rtartgtt�e loan mtsY requUe fo►9orrowore escrow accouM under the tederai Roal Esmto 3enlemont Prxedures Act ot 1874 na
<br /> .. V � 'amendcd trom tlmo to tlme, 12 U.S.C.Sect►on 2601 et aoq.('RESPA'),untess enothar law that nppifes to the Funds sete n leasot amounL It so. .�:4��
<br /> • Lender m3y,at any dme,ca►oct a►b hold Funds In t(A umalmt not to oxcecd the�ossor amounL Lender may�stimate the umount of�unds due an ,F''
<br /> i the besis ot curt6nt data nrtd reasonable estNn�ites of expenditures of luture F�craw Items or olherwlse In flxordance vAlh aDDltr,ublo Ww.
<br /> � The Funds shali be hald in an InstltNloe�vfiose depostta are Insured by e tedetat egen �����°J°�p1 m'y�rot�08 Bo ar arrlor `t:.�f�'�
<br /> � such fln Insdtuuon)ot In any Federal Home Loen Bnnk. Le�der shull appty the Funds to pay st,.
<br /> uflo —
<br /> • holding c�nd applyin9 tt►e Funds�annuatry anetys�n9 the oscrow eccoum.or verilying the Escrow Item9,uness lcndor pays Barrowar fntcre�t o� W_
<br /> Funda and appticeb►o taw pemdis t.er►der to mmiskko such a charge. However, Lender msy requiro Banower to pay o a►eUme chargo Mr en ,�%r�-�
<br /> 'n independent real estctte tax rsportln9 seryico used bY Lender In ronnecNon with lhis Ionn.uNass applfable law provldos othorwtse. Urt16ss an ,
<br /> egreemont is made or eARi►cabte�aw roquires Ir►terest to be Pflb.l.pr►der shult�ot be tequtrcd to pay BoROwor enY tnterost a oamtngs on the -
<br /> • , Funds. porrower arM Lends+muy ngrs�in w�ltin9.ho►vever,that interest shaU ba patd o►►tAe Funds. l.er�der shaU ghre to Horrov+ar,without char{�a� .i+-
<br /> „ an annuet axounung ot the Funds�sfrowing credits And d.,^blb to the FunA.g and the purposo tor whtch each dobit w the Funds was made. The �.
<br /> Funds are pledped as addi�onal security tar el�sums secured by this Security Ins(�t Iaw.Lender shatl eocount to BoROwer for the exce'..s funds ����_
<br /> It the Funds held by lendor exceed the ertaurda PQrtn�ted�be hetd by t+pp
<br /> in axordanee with tho requlremerds of aPplicab�e k�tiv. tf tho artaunt of the Funds held by Lender�at�ri�&�t n�tessarytoYmake�uP ihe
<br /> •� Items when dus,tsnder may so trotltY Bor�ower In hnZrt�,and,in such case Boaovrer shalt paY .
<br /> •�. deflciency. Bom»ver ahall make up th3 c�rd.Er�cY in�ca mue tlien tweNe moMhN t�Y���at Lenders sda discretbrt. -
<br /> � �II'�PBS�►d in(u11 ot rili sums sacured bY Ue�s Sacurity Instrurtmnt,Lc-ndo�ahall promplly retundl to Botrower any Funds held Funds held bY `'
<br /> :: 'r•., Lender.Prior to the a.cQulsiUon or sate o9 Rne PraperiN.shail app(y anY
<br /> ,�i�} "�` 21.l.ender shriD ec4uire rr sall tho rf'7a�eR�►. ,,,_
<br /> „ und�r�+are8r8pt►
<br /> Lender at tl�e tlme of acquisitlon or sale as a credn eaai�st�►e�s���thls 5ecu�iry Instrurt�ertL s 1 and 2 shall be .
<br /> �. 3. ADDllwdon af P3ymer►u. Untess eppll c a We law prov l d e s o t h e r v u i s e.al p a yments receNcid by L.ender unno�Jd,to�f�erest due�Mu r t h,t o
<br /> ►u =
<br /> �p�.�;��,�8m pnapa,ymem�harges due under the Note;second,to amounts PaYabie ursder paraBraPh =
<br /> ,Y�`► prfncip��clue;and Ian1.to eny tate cha►ges due undsr the Note. =
<br /> - ��` , 4. d�araas Llens. 8ortor►er shal!pay eli texes,assoss�►�e�s�cha�es.fines end imposl�� v����a N�e manr►er provMed m
<br /> _ � prb�i►Y over thts BecurNy lnstrumenL and teasetrotd PaYm�mts w 8��/6'�ts,#�rf. E�°-►--. - �- �wer ahell PromPttY tumisn m =
<br />- � Para�n 2,or i�no�vasa b ma�manner.eorrwver snan�ar�"'it eo�ower�ma�ctes n,�p�� d��Y�Bortowet shall promPtiY fumish to _
<br /> � Lender e11 notices oi emounb to be pNd undBt thls psragraph.
<br /> Lender roceipffi svkfm�cing tho paYrt�eMS•
<br /> �� �'+•� dtscharfle any Iten which has PrbritY�:'�r this Securriy Instrument urtteSS 8arower. (a)e9rees��w�^9 to e
<br /> ,r;;;-:•:. . 8orrowor shall promptiy }ekh the llan by.or detenda agah+st
<br /> ; �,...
<br />-•• ��;�k=� paprr�cnt of the obligstton secured by tho Itan In e m�nner sawpSnO�a to Lender, (b)contesb In good
<br /> entorcArt�ont ot tl�e Ilen In.I¢ga�P►oceedings whbh In the Lendefa eP�^operete to Provent the eMor�em�t ot tho lien�or (a)securc�tl�►thu
<br /> holder of the lien en agr�t eatlstactory to Lender subordinaUng the Ilen M thin Sc�:urfry��t If Lender detertnlnes that any AAR of 1hH
<br />-• • . properiY is e�lect to n Ifen wfiich may attaln prtorfty over lhts Secudty instrwnent,t:��.dot may 9rye Borrc�vet a noUce tdentltying the ltan. Borrower
<br /> shap gatfsfy the tien or take one ar more of the acUons set torth above withn 10 days ot tt►e glNng W notfae•
<br /> 3. Mrzud or PmA�1�lnsurance. Bortower shall kaeP the tmProvEm��ts now existinng or horeafter er�cted an the PcopertY Insured agal�t
<br /> � loss 4ry�Ire,hautrds indudod wilfiin ihe term'extsndad a�verage'erra anY ot�er hazabs�inctudirtg floods o���u ��er�ptlovldB►B e
<br /> � Msurance. mis insuranoe shou be malntatned m the amourtts and tor the pedods that tsnder requaes•
<br /> - ' .. cwe�descriDed abo+►e,�der maye si i."�enae s opuan.ro�m�oovo�,to P�ctc�ct Lenders��t�n fie Propelrill!n�000rdn8tx:e wtlh Pa�ffiAPh
<br />_ ,�. "�. � u
<br />� .'_°:,.'!•:�'t r, ctause. L6nder shtsli have the Nfl�t to
<br />_: ;:frr;: �, Al1 Insurtince P��tes and renswats shatl be acoePmWe W tendsr and shall inctude a stcnderd rt+oAg�90 =._
<br /> + •`;��;3,��y� ' e to t ender ali teceV�s at Pab Pmm�at►d tenewat noUco.g. fn iho
<br /> ';,°:.���L'!i„ r- hotd tho polktes and tonswNs. If Lendot r�q�ke tp Ui�s Bwnnce�e end LerMer. lsnder mny make proof N loss tf not made prort�iN tiY __.
<br /> � event of loss.Botmwor shafi ghre ptompt -_
<br />_ , eortower. � :
<br />-..r• UNess�ondet end BoROwot otherwise egree in w�iting.Insurence praee�s ehal be ADN�tad to restort�Upt ot rep8lr of ttlo PriDP�rtY dames��lo tor
<br /> '.. . . thu restoratirn or repatr ts ecanomtcm►Y teas!bte end Lendef ehei� �epplted w Ure surns�secured ttsy tlyds Seeu ri Ins�tru�nera.�er or notmen =
<br /> _" ." s
<br />'�?'`.,,.:�:.°-. Ler.defe secwity would b9lesnortod.lhe lnsurence proCCCds - -
<br /> ....,'�. cr�� v�nts nnyr excs�a R�Id to 6ortowsir. M Bottower abaraons d�o P�edY.ar does not answar w6riln�����af re�Mret ttlw -=
<br /> rtow r
<br /> �- —�i� msiuer�:n w���o�t'.�Cft�ccy iC=r!i�="-!'�",,tfian Londot tn�V cdtoct the i��uranca pr�s�. �s�t Y _-_
<br /> ., � PcopuAY ot to DAY 8uma secursd by this Security Insttarmen t r r ho t h e r o r n o!t h d n d u o. Th e 3 0�d u Y P ereoa w�u oegm wirr.��b�o�wuw N�:mz. -
<br /> - UNess Ltmdor end 8ot�owur othet►vise egtee in�vrHUB�anY eDP��allon of proomads to P��1 cAail not eMenr�or postpone iho due dato o t o�
<br /> " :�'�5 If under ParoS�P►�a4 fie ProAeri9��4utrod bY
<br /> , the monthh PaY�rris reterted to In paragrn�►s 1 and 2 or chnnS�the nmount of the PeY��• r to the naZUisitlon shM P��L�candor to k.-_:
<br /> ' ir;t��. •.'� it to nny insurance polbies and procceds rosutUnp irom damags to the PropeAY pb _-
<br /> ..}?,,�,;"; Lender.8o�rowers� r to the so4uisitlon. _. _
<br /> �i�;��;li� � . `;s the oxtont of Ure aums secured tN tflrt SacurfFy Ir�sWment ImmodlatEly prb _
<br />_ �.,•�•:, 6. QoaD��Y����,�ntenance and Pmtectton ot the Fropeny:Borrowers Loan ApP�on�leateholds. 8orro+asr shall �'
<br /> r>:�� .
<br /> •�..; ooe,�py.osVxb1iah,ertd uso tt►�Propmly as 8orrowers princlpal rosidonce wilh�n sluly daya after iha ezc+cutbn ot thi�Seeurih InstrumEnt aM shall
<br /> contlnuo to ocaupy Mo PropoAy as Barrawora princiAal rosidomo tor�loast ono yen�akc+tho dnte ot ouupanay,un�e��londor oUmrvvlse agroas �°`:;
<br /> �n w�itlrtg,whlch cauerrt shalt�wt be unreusone�bfY wtthheid, or uniaas oxconu�ting clrcumsmnces oxist whtch e��e t�syandBBo�e£��� �"`
<br /> Ciorrowm sh�ll not dastroy�dama90 or tmpair Ure p�operty.ntlavv tha PropOAY ro dstetlorate,or comrt+it waste on the Properhi•
<br /> t could msutt In toYteiture of Ut9 ��':'
<br /> , , dMau1t 8 nny IorteYuro r�cllon w P��d�tlen�eroatod by thb Security Instrum mtor e►Me�s so�curM Ir►tere ts. 8orcrnvor r�y cure auch o dofa�dt
<br /> proporty m othcrwtso m�ee'�;iy hr+Aa �'
<br /> — end retnstnto,os providad in paragmpt� 18� bY ca�ing tlre a�iion or proceeding M tx+dismisse0 wlth n ndlnt�tha� in Lcmdef this S�soutfly
<br /> __-- —_ =---- .mwm,tnanor,.nrecucdas forfeiNre ot the Borrowo�s Interest In the Property or other matarlat Impalrmerd of thca Ilen created by .
<br /> _- _---- ---- • ....— --
<br /> -- �..�...�.s�,�nroc�s.oavo ma4rlrlaty tnlso or �_�,
<br /> instrument m t.endoro security Interest Borrouver shell Nso bo m:s�iauR rt�«+^�;ter4�i tr►tormaUon) ln cor+nocHcx►with the loan cvklanxd t►Y ..
<br /> . tn¢pcurate In}art�atbn or statements to Londer(or tatiad to provMo Le�er with anY ��o p�� as a princips�residcmce. It this Secu�ity � `
<br />* tho Noie.tneiu4'�ng.�ut not Ilmlted to.reprosomuUons�ming Borrowers axupar►�Y
<br /> , InsUutrant t3 on n Icasetaid,Botrowor ahalt canpN with aq the provistore ot the leass. U 8orrower a4ulres foo tiUe to tho Property.11ro loasehotd
<br /> und Ihe tea Etle shalt nnt merge untoss Londor aprees to B►e mergor in writing. �����is Sucuriry
<br /> � 7. Protecdon ot L¢ndrr's Rl�ts in the ProAe�Y. It Bortoarer taus to perlorm Ure covenar►� aceh c►proceedt�p In banknqricy.p►obate. .
<br /> ' � Im�trument,or thoro fs n legal proceeding thnt may stgnHtuu�tty aNact Landor's rl�+ts tn 1he ProPe���vor Is neoo".�wY to Pr�toct tho valuo M the
<br /> - , tor caMemnaUOn a torfotturo or to eMorccr lawa ot mp�atbns)�trie+LEndor may do ard�ysacurad bY u uen whlch has prtority ovor tfii.z Sacurriy
<br /> • Praperiy nnd LAndut'o tt�b in ths ProaeAy. lendar's ttCtbns rtuy r�ctudo P�Y�B y to mako rspairo. Althouph LCndet may tako nctfon
<br /> ' Instrument,appear�+8����Y�g�s�:a nttomeys'tess and srnedng on U►e Property
<br /> ,. undor 1hi3�ra�ttph T.Lendor doss not hava to do a�.
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