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<br /> ,`';�' �titi5�,: UNtFoftM 0ov8N�►MM�I.. 8ortcwat�nd I.anderooven�nt snd �e follov�n: '°, �`H��'�a ,
<br /> .r�; t� u when due . �,�+ .:� �c
<br /> � � of PMselNf ad t�taaa Props t�ad L�te� 8ottawa��lutlt promptly ps! � � , „ h r��
<br /> r.ti (�';��.. � � t end tAteahar adueunde�the Note. ,���y �`�:��'�f� .,
<br /> e!ro prinoipsf a!'and inte[est on the debt evidenoed by t e Note and any prep�ymen 8 ,� .� a ��i � � :
<br /> � ` ������ �, �p�q{�?up�� 8ubkot to�ppliosbk law or ta r writte�w�iver by i.ender,Bonnwa sha!!paY ,; - �;
<br /> � , ,��� � ,, • ,
<br /> � �'�' �+-+'�"" to Lenda�on the day monthiy pa�yn��ts iu�e dae unde�t he Note�unt i l t ha No te i�p*i d i n}h l l�a�u m("F u n d s")Must to '���'�;:_+�•.:,•,�
<br /> �r:�;'t<;;��{�'�;"_ aae�t�►�elfth otc (��Yaidy t�utas�tnd�eamenta whioh may att�in priarity over this Seaurlty lnstrumenk(b)Ye�ly .::• .. ��� � '��� fr,�sv_:
<br /> ' ��..: i :.�,t�;;. 1p�sebold pa�yp►ent�or�e+ouad tenu on the Propeety� tt�rtyc (a)Yearly haurd ineutence prominms;�rid(d)9ar1Y ya � '�` s`, ,�,��i�,� -,
<br /> ��= �� moregye inwrnnae promiums►ii�ny.Thesa itoms ura caitai"esorow ttems"Cender moY estimate the Funds due on the ��;�� •
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<br /> ,t-�����;�,; .,�� �.,. � Tbe Funds sluit be hdd Ta an iastitutian theudaposie�or�r�oc�ouats of whiah�n iaaurcd ar guarantaed by e!'ederni ar �..�.;`:i�����'��,�.'�,�t"��`,•
<br /> �_ir� -1J_i :
<br /> � °�: '•y etate�ga�y pncludla8 L�ades if Lm�t ia sucD an�dtutioinl�r s1�e11 apply the Funds to pay the eiarow items. ,� , ,�`'� " �_` ; ;
<br /> ,,_ �,�er�p�r pot cb�flos bo�dio�wd�py,qiing tA�fwada,r�o�tysing the eccoua�ar vend�rim8 ehe escrow itama,unless � ��t �
<br /> :. . ! t�r pqn�8o�ro�rer inRmrat an t1ro Fuads utd ep�lirable 4w peroaits t.eader to make such+�cha�ge.Borrawee and .��•;.�:�,, � :
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<br /> •. . � 10 NIfM��illOfElt � 't,' ��. 1 '�, � .
<br /> shvt be v�n tl�e Fw�ds.U�aless en�r�aane is m a d e or��a b l e 1aw �.,�.•�°,�(,1i• ��•,.
<br /> . � °�+�°Q oa t�ee Fvads.�ee►�der ,� ,.:.. '�
<br /> , � . roqairoa iata�e 1�0�De p�id sb�U not be tequired ta psy Banarer aay ioterest or earniags , - 'rtti�,t.�t°,. ' .: '
<br /> � sbat give a Horroae��wiebouc eb�sge,aa aaawl�eeow�dng of the Fw�ds ahowing credits�nd de0oita to t6e Fnn�s.x�at��S N4 `;t�h'`'' ..; t �,
<br /> _�.�.r` �.,s�s purpose tor whiah e�ah debit ta the Fw�ds wss m�da.'ibe Fuud�ue pledgal as additionai exudty Por tba wms seeuisti�y� , � ;f
<br /> y' '���j -, ,.� �lSECluityItlStNmQllt. � •�r `� � ", :.
<br /> ;;�,'�,,r ��}.sj I f t h e�m o�u t t o f t b e F u a d s b d d b!►t.a a d e r�t o g a t b�r w i t h t h e f u t u r e r t w n t b l Y P$Y��of Funds p n Y+ble prior ta �.�� .� �;���,��.^ +�' .
<br />_ �:��}�y,''��,�!i t b e due d�tea of the asarow itetns,sh�lt e�coeed t!M Amount requirod to pay the es�rav itam�ahen due�the excas sbal!be. . �;�s�'r,t��'�; '"i`,t.�'
<br />_ � ;�';�;'�.,:,.,; st 8ore�oxar'�optloa�alther prnmPtlY r�id to Borrowet or c r a d i t e d to H o r r ower on mon t h lY M Y m a n t s o f F u n d s I f t h e �'' 1:':; ;Y�;ri�t��A° ' jr:,:,
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<br /> , �,•,:,i�;�t�';;��:, aaauat of the Funds held by Lender is�ot aufBoient ta psy the esoroa itams when due.Honowet sh�li piy to Lender any ��:, .+�, 4..`.;�,:�;i�z'
<br /> �:���� ;: amau�t aec�►to nuke ap thedebote�cy►in one ar mor�e p�Ymmts aa required bp Lender. . .� !� ,,°r;
<br /> ,,:, . .,.���_, :.�,:' U Leesder shail promptty refuad w Borrowa , :�.:r�t�1 Atr ,..,l�r.„-
<br /> ',.: . �,;, P�PnYmat►t in ti�l!of tll sums�eaarad by tbis Seeurfty Ie�strument. e ,�,�., 1.,,., .,��„ ..•��_
<br /> ti� ��(�,,,.:!'�:� any Fut�beW by L e n d e s I f under p�ragrAp h 1 9 t t w Pro p e r c y►i a so l d o r a c q u i r e d b y i.e n d e r.l.a n d e r s h a i t a p p i y.n o l a t e r �.�.;;�;,.t�_,�,�� .�,. . :
<br />-,;��� .�:•�,;..;.� : ,.����y.;.
<br /> �' 4. � tbsa�te1y prlor to the sae otthe Property or its aoquisition by Lander�any Funds held by�.enda at the tima of ��'�� �, �L•1r���',, ;�"�
<br /> � �' �pplioae�a�a orodlt�ai�t t�e wan seoured by tbis Seaurity Iaatrument. � ��,,;��, � •., ., ,s;��,
<br /> , J,� r�u�:.•: 3. A�lt�ot Pp+tna�b. Ut�lese appliaabla U►w provldas otherwlsa,alt paymente raxived by I.ender nnder ��, � ; ,4n
<br /> ,1 � �1'„ _±`��{� p�u4gspbs 1�nd 2 ehdl be•pplied:8n�t.to late ahuges due wrder�he Note;second,to prepayment ahatgas due utider the },� .� • ,, , �
<br /> �s:r°,p,,'�-n:.-, � Not��bad,a amounu payable under pAm�raph 2;t'ourth�w intorest Aue;and i�t to rinci !dua. ;.,v y�r�.,._�� ,
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<br />'���y' �ft,���'� �;,'� A. ��rgeai I�kas. 8orrower afai11 pay aU taaes��eseasmaats.oharges�flnes aad imposltio�s eq�ibutable to the ,,��}1rt,���,,�i, .;��, � ,:
<br /> 1�;ti.,V�1�t t����',���•�:�;: Pwperty whioh tn�y�ttala priorlty,ovor tbia Seaudty Inet r u m e n t� a n d t e a a e h a l d p aymenta or g r ound ran�a if any. ?,s,l��?,u�,n�;�,' .'„�,,,,, j_:';
<br /> � J,�4�,.�,e,y��'�i�, Boiroaar�htU pny thoae abligatione in the m�nner ptovided in P�8�Ah 2�ar if not paid in thst manner�Borrowe�aha11 �; ��h���,;,,'��,�'.;, ` , ,-
<br /> , '�,t .;,� ),��-.,.� psy them on time direetiy to the per�on owed�payment.Horrower shall promptly fLmish co Lander all ndicesof anounts ��,;rh.);�,,� . .
<br />� :,,',a�,;l,�ti���L,,� W ba paid uader tbi�puagrnph.If Botrower makas these paymeots diractly�Borrower�hall prompt ly t Wrn i s h to L m der ��i���i��,t �c,'{i,,, ,��"t '.
<br /> ��'•;"��� ��i�'��y���'�?r
<br /> i . ':��;,��j��,.r., �ptsavldenoingthepRymenls� �., •,i j;,���i� ,��i`�,`�a+"',
<br /> -'��,, Hor�ower slult protnptly discUarge any fien wttteh haa pdority over this Security Instrumant unless Borrower:(a) ;' � `��
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<br /> _; �,^ i'�� ,;�s �y;' bk to Leader(b)coetests in good 't•;;;r ,' ,•�'�`,�i;°:.
<br /> '�•:��:��"'� , �,; agroes in wtiNng to the psyn�ent of the obligation seoured by the lien in a manner acoepta � ....;.,:t 1',;'��J�,Ir.:tc,, _ ._�
<br />_ �•,;`��,,rx�i�,.x-=:=:a�' ��the lien by�or defends againat enfor�snent of che!!en in�lega!��Mtegs whieh in tbe Lender's opinioa o ta to � ''�1�'° .
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<br />?�,�: �,it`.::,`���T�;�� prevent the anforcament of she Uen or forfelture ot an rt of the Pro rt or(o)socuna from the holder of the Iten an �•, �•.�.,•r,,5�.��:,t;;��..,;y,;-
<br /> '.:r;i;f, ; r�:;.;,��,�, Y Pe PQ Y: .,�:�., �, ,.�.,�,:.,..
<br />';�,;,;���.,;:.; „, �`,, agreement satisfaetory to Landet subordinating the lien to this Secudty Inatrumen�.If I.ender determinea that any part of �;.'.,.���;;�;;,;��:#�..;';!>'',;;-'.-
<br /> .��`» � tbe property is subjeat to a tien whkh may atcain priority over thie Sxudty Instrument, Lender raay Bive Bamwu a ,•,.�,.�I,t;:;.,,��,..,�a �
<br /> ;;� ��' '""�� `� � �`� notioe ida►dfying the Uen.Bonowerehall aatisty ehe Iten or taice ono or mon of tha aations sat forth�bove within IO daya �,;i''�. ;�;;::'. ,,���,,:;r.;';
<br /> .,•�•. ,., ,,.� , ..
<br /> ��,', " �' , ofthasivi»gofnotice. ��`1'�,,. '`� ''"�ti�a�;'�u,'•:
<br /> , i�'��'- '•"`: •;''� S. Hmr�lnsnrabee.� Horrower ahail keep the improvements now existing or hercaRer ereoted on the Property � . .;',�' �. ir(��+�1.��`�
<br /> l ` ' "'���' ;peyrod sgei�t�uss�ry bre�hazards included wlthin the term"extended coverage"and any other hezuMs for w6ich Lender �� � �'��� ���.�
<br />_�.. f� . .. ..,,: � .
<br /> �: ���.�" reqidtea insurai�ea �Ais'iusuranoe�ha11 be maintaincd tn the amounts and for the periods that l.ender requitcs.The � , ����
<br /> in�ranoe c�trier ro ' the insuran¢e shalt be chosen by Borroaer subject to Lender's approwal whtch ahall not be I . . ;!;;'1���;i..
<br /> ��^,,,-: ';':, ':;+' '�a�easonnblywithheld�.�$ ' . '��� �
<br /> i:,�����.� '� �,.�1'. . AII iasurance polides a�l reaewats ahai!be aaxptable to�Lender end aha11 include a standaM mortgage clause. I � ���r'i+,:a;
<br /> }`�.,,';;,,.,�, i..:� ,�r� Lender ehelt hsve tbe t to hold tlie policies and renewais.If Lender rcquiKS,Horrower sheil promptty gtre to I.ender , � �;i.'�,;�`:
<br /> j �� `��� �'�" �s,'9 � 8orrower shall ve rom t noticx to the inaurance' � Z �::.':�
<br /> ;,4' ':1:;.,�,1:�., a11 ro o e i p t a of p a id preauums and renewal nmices.Ia the event of loss� ,. ..
<br /> �;����#'�iR;a� '�,�;.' ' cartiecmdLender.I.endera+aymekeprontoftosaitnmmadepromptiybyHorrower.8� P P � ..t+rr. '"'d�r�)�;'r
<br />__;:��}�,t i'�:�;���;;: •� U n l a s L e n d e r a rt d�o r r o w e r o t h e r w i s e a g r a i n w r i t i n g,i n a u r a n a p r a c e e d s s h all be a p plied to reatoratfon or re p air t;t�:.: : :;,' ��'.,
<br /> �.'+i t;l;;i;:��;' , '• '� ��e propertY damaged.if t0ae restoration or repair ia aconosn{capy feasibk and I.ender's secur�ty is not lessened.If the •��';,.�;;. �, . ,:, ��i; ,
<br /> • ''' • �'f r�eatoration or�r is nat economically feaaible or Lender's securieX would be lessened,the insurenra proaeds shali be � • � .• f.• '
<br />- '° , apptied to the sums secur�d by this Sccurity Instrusnmt,whether ar nm rhen due,with er�y excesa paid to Borrower. If ': •
<br /> � � � � Botrower abandons the Pmperty,a does not answer wilhin 30 daya a notice from I.ender that thr insurana can'ier has . ';�l;,
<br />' �' ' ` �ued to eettk a daim.ehen l.a�der may coltect the insurance procecds.Lender may use the proceeds to repair at reston .,,,,+ • .
<br />�:., . � :
<br /> tbe PropeRy or to pay�ums secnred by this Security Instrument.whether or nat thevo due.'The 30day period will begin
<br />� � ... . , , when the naioe is given. ; , ,��?. t:`
<br />-? ;� ' Unieas Lender end 8otcower o�t+erw�se agae in wdtmg,any ap�+licatian of praceeds to principai shell�ot eaten4 ar .
<br /> } . ;• ' postpone the due d�te of tMe ttnaitAly pa}meais rcfecred to�n paragrapd�s]and 2 ot chenge t he artwunt of the payments.It � . • : I�
<br /> i ���+�:,' w�der p aragtaph 19 the Ptapeny isacqu�tM by Lender.8orrc+wet's n�tht tr am�in.�urance poli�ies and proceeds resulting • • . .
<br /> v�;�•,;'�;':'.'� . .. tran demage to ehe Properey��rror to the acquisition shall pasa to L e n der to t h e txte�at o f t h e s u m s s e c u r e d b y t h d s S e c n ri t y
<br />'�'��p�;`? ` Insttument itnmediately prac cotheacquisition. • •
<br />�i.':''�='?-. '.: '�� ! ..a .� t.aee�olds. �orrower stuil not destroy.damaBe or wbstanaallY
<br /> _ ..�;: . 6. P:txsr".»�......!�"ls4ai�sa�ce_fp!�±k!!�;-.-
<br />-� , elunge the Property,a1Doa t!x PtopertY to detenotate or comm�t wasre. if th�s Security instrummt ii on a insehoW.
<br /> t ' ' '"�� 8orrowe�ahai!compiy witfi the provisions af the lease.and�t 8orrawer acqu�ree fa title to the Propeny.the lasehold and •
<br /> � i ime titte shsit not merge nateas Lmder agrees eo che n�erger m�rrn�ng
<br /> � i 7. Proteetion ot La�da's RtgAte ia the Properef. 01�� ��• If Barrowe:fails co perfwm �he
<br /> � 1 �ova�ants and agreements contained in this Secunty lnstsu�eene,mr etom n a kgal proceeding that may signdkaaUy affect .
<br /> Lendet's rights in the Ptoperty(sucfi as a proceeding in bankraptcp.probate. for condeennatioa or to e�fotce laws or
<br /> �•' tegttlallons),then[.ender mey do end pay for whatever is neccssary co protect the value of the Propeny and L.ender's nghts
<br /> �t;<%��.:_ ' i in the Property Lrnder's act�ons mey include paying any auma aecured by a tien wh�ch hes pnonty ove�thi+Secunty '
<br />� ' �� i Instraeaent,appearing in coun,pay�ng reasonabte attorneys'feea and entering on the Propetty to make repaus• Althaugh
<br />�� ... � Leader may take action under thia paragraph 7,Lender does not have to do sc►
<br /> ��" , Any wmounts disbuteed by Lender under this potagtaph 7 sheil become addrt�onai debt of 8orrower secured by th�s
<br /> � • Seeurity lnurument•Unlets Horrowec and Lmder agrce to other tetms of payment,these amounts shett bear interest irom
<br /> � . the date of disburiement at the Note ratc ane shall be payablc, with�nterest. upon notsce frc�m Lender co Sorrower
<br /> , � • requestin6 PeYment.
<br /> ,,` � � � �
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