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<br /> `� . • TOOETHER WITH aii Iho Unprovomanla �or+ or h¢roatter ereoted on the propr,rty. nnd all oosomonts, nppuAanancos,and
<br /> ' fbRuros now or hsroafter a part ot the prop3Ry.Ail roptacomonts nnd addftfona uhnll ulso be covared by this Securtty Inetrumcnt.
<br /> All of tho foregolnp 13 refermd to In thi� Seeurtry InaWrtsent rss the "Proporty.°
<br /> �� BORROWER COVENANTB thnt Borrower lo taw(Utl�r 8oimd of lhe o3tate horoby oonvoyed and has tha right to grant and
<br /> oonvey the Property and th4t tho Prop�rty b unanaumborod,oxacpt tor cncumbruncos o} rccord. Bonower wartan4s nnA will �
<br /> , dofa THIS�t�ECURl1'YU NeSTRUMENT oo b ost u'n�ormsoovanen a8n or� nabtonnit useYruid u on un ormt aove enta v�ith Qmltcd � ,
<br /> varlattono by Jurtadbtfon to aonatituto a un@orm eaouritr inaWmont ooverinp renl propoRy. �
<br /> UNIFt�AM COVENANTB. 8ortowcr and Landor oovcnant and agrao as faliowa:
<br /> 9. Payment of Principal an6lntere�st; Prapeyment and L.ete Chargea soROwer enen prompty vQy wnen
<br /> duo lho Qrfiotpni of and tnter�st on tho dobt ovlduncod by the Noto end any prepayment and Iate oharges due under thu Note.
<br /> 2. FYBds fQ/ YQ1IE$ 8fif� (86UP8ii0@. &ubjeol to appitaobt� l,uv or to a�rrittm+ weNer by Lendar.Bortower shc�u pey �
<br /> to Lendor an the de.y monthty payments are due under tho Nots, until the Note Is Pald In fuB,a eum ("Funds")lor. (a) yearly 4�
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<br /> ear leusohold � •
<br /> . .�� Wzos and aBae3smenta whbh mny attc�in prtority over this Socurtty Instn�ment oa a tlon on the Property; (b) y h►
<br /> • . paymonts or ground ront8 on tho Property,1?anY; (a) yearly harard or property Insuranaa premfums; (d)yeaAy ilood Insurnnoo
<br /> � .,,, .' promtums, il any;(e)yearly mortgage Insurence prem�ma,M My;and(�enY sumts 08Yeeb by Bortower to Lender h aceardance '�,,; �
<br /> wRh the provlsEons of paraBraPh 8, In Ileu of the paymsnt of mortgego Insuranoe premiums. Thesa items are cattod•Encrow
<br /> items' Lendor may,at any ttrrte,coiiect und hold Funda h an amount not to excesd the maxUnum amount a tendor tor a
<br /> federaly rateted moRgega bam m�y roquiro tor Borrowera escrow scoount under the tederal Resi Estate Serilement ProcoEures -• ;
<br /> � Aot of t974 sa amended Rom tlme ro ttme,12 U.S.C.�2601 et seQ• ("RESPA'), unless anothar Iaw that applies to thn Funds `��«.
<br /> seta a lesaer amount, If so, Lorder may,at eny time, colieot and hotd Funda !n an amount not to exce�d the teaser amount. ,a;�..
<br /> - Lender may estimate the amount of Funda due on the busts ot current data and ressonable estimatos of e�endfturos ot future �f,:_�.:
<br /> Escrow Itema or othenvise In acoordance wfth appP,oabb law• � ''?�'�
<br /> ° � The Funds shail be heid In an Natitution whose deposfts ere inaured by a fedora� agenoy,InstrumenWifty,or entity(InoUding �.•,�,
<br /> , ,�d Lendet, it Lender Is suoh en Inatitutbn)or In any Federai Home Loan 8ank. Lender shall apply the Funds to pay tho Eocrow :�
<br /> ` �� • i Items.Londer may flot oharge Borrower tor hotd(ng and apptymg the Funds,annuayl anay�ng the esorov�acoount. or vaUying w_�-
<br /> " � tNe Esorow it8i718, unlas� Lcnd� pays Bortowsr interest on the Funds and app�bable law Pe►mks Lender to m�1co suoh s ,�.
<br /> t chanea. However, Lender may raquire 8orrower to pay a one�time oharge tor an Independent reai estate te�c reporting servbo •y�,l�
<br /> a� � used Dy lender k► conneotlon w8h this toan, uniess appl�able taw provides olhsrwiso. Untesa an agre9ment fs mx�e or _____ -
<br /> ;+ appticabb Inw requUAS interont to bo pald,Lendar shall not be requlred to pay Elonower any interest or enmhga on thfl Funds. F�
<br /> Borrowet and Lender may agreo In w�iting, however, that tnterest shali bo pald on tho Funds. Lender shail gAre to 9arrower, f`y;.;.;.;
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<br /> � � wNhout ohnrge, an annuai acoounting oi the Funds, ahowing oredRs and dsbks to thd Funds and the purposa for whICA eaoh
<br /> debit to the Funda was mnde. The Funds sre p�erlged 8s additionel soourity lot Etll sume seourerl by tho Sooutlry�n£,lrumAnt. { �,
<br /> �� � If the Funds heid by Lender o�xedd the amounts ponnttted to be held by applfct3bte taw,Lender ehnii acoount 4o Bnrrower E�;;.%„"
<br /> � tor the exaess Funde U► acoordartce with the requlrements of applbabie Iaw•�f the amount ot the Funds hald by Lundnr at any p�•:�v
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<br /> timo b not suffloient to pay the Esorow Itert►a when due,Lender may so notHy Barower tn writing,and, In suoh oaso Barrowor
<br /> ' shall pay to Lender the amount necessary ta meke up the datbienoy. Borrovior shati make up the defbbnoy In no moro thnn trj��:�•:
<br /> " tweNe monthy payments.at Lendera sois dtscretton. _—
<br /> " Upon payment in full of all suma secured by thts SoaurUy Insaument, Lender shaii promptry reTund to Borrowo�eny funda
<br /> _ _=-�� - hatd by lender. If,under paragraph 21,lender ahail aoqutra or seU the Propert�r.�ender, prior to tha aaqulsltlon or aab of the
<br /> propeAy.8hali apply eny Funds heid by Lender at the tYne of aoqu�sRan or suie ao a'v�dft 8$s�sst ihs:sss►'��at9Q h:thl�
<br /> � 8eourRy inoUumenG
<br /> 3. AppllaaRlon ot Peymente. Untoss applbable I�w provtdes otherwise, alt payments recelved by londar under
<br /> paregraphs 1 and 2 ehali be apptled: tirst, to eny prepayment oharges due under the Note;aeoond,to amounts payabla under
<br /> , paragre�oh 2;third, to htorest due;touRh,to pnc�lpal due;and tast,to any teto eharg�a due undor the Note.
<br /> ' 4. Cherges; Liens. Bortowet shall pay aU texes,assosamento, aharpos. fines and imposltiona attributabla to the
<br /> �'�'�� Property whbh may attatn priodq ovar thls Seourtty InsCument,and Ieasehotd payments or yround renls, M any. Borro►var ehall
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<br /> pay those obUgntions in the manner provided in paragreph P, or if not paid in thet manner, 8orrower eha�i pay thtrn an t e
<br /> , � ' dkeoty to the psTSOn owed payrt�ent. Bo m�w�a�ryo BpuY W��eha� p o�mplya�fum�sh8 to Londer reaelpts �rtdano 8 the
<br />_. , parayruph. If BoROwer mekes these pay
<br /> ., payments. (el nflrtie8 k►
<br /> +��:;;,;„; , Bortower shaU prompty disoharge any Ibn whbh has prlorlty over thta Seeurity Instrument uniosa Barrower. e
<br />=^, ��';;r;: , writinp to the payment of the obllgetbn seourod by tho 11en h a manner acoepritbie to Londer, (b) contoste In go0d taith the
<br /> � `,`�i,i;�� Ibn by, or detonds npainot entoroument of the Iien in,Iegai ptoceadinOs whbh H tho Lendore apinlon opomte to provent the
<br /> ,:..,,.,,:;.,:`:,; ' entbrcemont of tNe Iisr►; or(o)securos kom the hotder of the Ilen nn e9reement eatisfnotory to Lende�subordhatir�g thu Uen to
<br />;,:,�.f1:' „�; this Seou�Ity Instrument. If Lender detemfhos that any paR of the Property Is suDJeot to a Ibn whbh may atta[n p►iorNy over thls
<br /> Seaurfly Inetrument,Lender may gAre Barower a notbe IdentlyNg the Ibn.8orrowe� ohaU eati�ty tho Ifen or toke onm or more ot
<br />��•��• :}lr'�'' the aotbne set forth above wkhM 10 days ot the givhg ot�otiae.
<br />= , ';;:i;;, . 6. Hererd or Property Ineuranao.Borrower shnit keep tho improvemonta now existk►9 or heronRer ertxtod on the
<br /> PropoAy Insurod agnhot Ioss by tire, hezarda tnoluded wlthM the term"ext¢ndad aororege' end eny other hazardc, inoUdMg
<br /> ' Mods ot(tooding,for wAbh tendor roquMos InsuranCe. This(nsurance shnll bo m4NtaMed h tho emounts end tot tho perioda �
<br /> �Y„�, t•;,- thpt Lender roquires. The Insuranae eanbr providing the Insurance ahnu be oAoaon by 8orcower aubJoot to Lcndafe epproval
<br /> whbh shalt not bo unreasoneby withhstd. If Borrowsr 1a0.a to mahffiIn aovera8e desorbed above,Lander mari at t:Gndei'e F
<br /> T-;;�t�'�rs:��;P optlon,obtah coveraQo to proteCt Lenders riphts h tho PropertY h ecoardence wlth pa►aSmA„�•
<br /> •.��•� .;;.;�. Ail hsura�co poliabs and renewals shali ba ecceptabs to Lender t�nd ehn� triolude e standard moRgaae ctwsa•Lander
<br /> :'�'��"� ah48 hevo tho tf�ht to hoW tAo polbtes and renowals. If LendQr requiros,8orrower eAalt promptly glre to londa s8 nioe�ta ot
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<br /> :;,,�•:�. patd premtums and renewat notices. in tho event ot toas, Barowa shaq pN0 prompt notbe to tho houmnco certlor end Lender.
<br /> • "'�� lender may mako proof ot tosa It not made prompty by Borrower.
<br />' Untesa Lendor end 8orrowar othc�rwlse agroe in writh9�insum^ca Procee�s shall bo apptled to restoratbn or ropaM of the
<br /> � propeAy damaged,U the restoratlon or ropntr ks noonombaly teasfbte ant9 4onders soourtty ia not tes8onod.It tho re6foratlon or __
<br /> ' ' repaU I�not 000eomicaly teas�te or Lendeta seourtty would tre bssoned,the insurance proac�uds shall be epplbd to nhe euma ___.
<br /> ,;tf,,,c;;?%,;•�� socurod by thb SocuNty Insttument, v�hether or not thon due. wkh eny excess pafd to Borrower. It eortowor abt�+dorte tho �
<br /> ;,�,i;.• PropeRy.or does not answer wNhln 30 days a notice irom Lendor that tho insuranco curtier hoa oHorc�d to oottb a ctnim,thon —
<br /> "r��':,•. • ' ; . � Londor nwy eolkiot tho htturanco proceods. lendor may uso tho prosesds to rePaM or roatoro tho PropQAy or to pay sums �
<br /> •� sooured Oy thls Socurtty InsWmont,v�hnthor or not then due, The 30dny peflod rrtll bogin when tho notbe Is gNeQf.
<br /> Uniesa I.�u�der nnd Bonower othenvisa agroo h writhg, any appUwtbn of prcaeoda to prinalpni shaU not mROnd or �.�
<br /> :q 7!rr; � Dostpone the duu dnto of the monthry paymer�t8 retauretf to m peraBraPhs � end 2°r oi�ai'g°ih°°r�sau�t ot th�ZR;mants. �f �
<br /> ��:�.�4, � under pa�e8r+aph 21 fho Pra�yoAy is aoqulred by lander, Borrowofs �ight to any inaururteo potbb3 nnd proceods rosulting nom �.
<br /> °. ' r damapo to the Propctrt�r prior 4o tt:�+ naciu�kion 8hau pass to Lendor to tho extent of th0 sumo by thl3 bbCUrfty tnsWma►t ��,
<br /> .. . � immodlatoy arror to tno noqubnton. �.,
<br /> _ -_�-- __ `- e n.........,,�., a.e�►.*tnn_ �intntenenee end Proteotion of tha P�operty; Borrow�r'a Loan ��.
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<br /> � App11CnU011; L@i!lf611a1d8. Borrowor ahall occupy,establish,end uso tho Pro�arly as eortowers pmo�si rvnimrsce wm�o
<br /> ebdy days nRa tho executlon ot thts Soourity Instrument ond ahnil continuo to ocaupy tho PropoA�r a8 Bortovrafa prinalpal
<br /> � � reskl�rtco tor ut baet ono yeor aRer tho daW ot ocaupnnoy,unbss t.�mder othonvtsv eproos h wrltinp, whbh oontont shnli not
<br /> � bo unroasonttby wNhhnld,or unless c�tenuathg olraumatances c�cist whbh are boyond Borrow�'s oontrol. Bor►o�vr+r ehail not
<br /> �ley7py,dmtuigo or Impat tho Propcarty,attow tho Property to deterbrnte,or camm►2 waoto on tho Proparty.Borro��ror ahntt bo h
<br /> `'� dt3teutt H enY WttoiNro aotian or proCe¢dhg, whothor otvli or ortrnhb4�S b�8un thnt in Lond�o good tatth Judgrrt�nt Could toouh
<br /> , In toAOtturo of tho Propmty or otharwl�o rtwterialy impeY tho U�n oreatod by thts SeourUy Instrumont or lnndura actisudq►htorost•
<br /> . . . � F1310.LM0 ftlU01 P►ge P of 6 /�^�Z�
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