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<br /> --`�°" UMI�O�M COY6NAM'S. RO�f�ON!!�{I I.CAtIO�QOYOIMf1t�iaN00 q�OUOWlt ;o y ,+�°k� �,�,��-
<br /> ���---- �. p�e�ot P�IsdN!ad 1N�raa�t.na taa C�r�. 8orrower a�su proa�pt�Y wr wt+ea aue h,y `�`�^�.�� J
<br /> prb�Oipd o t�a d 1�t e r a t a a t h e 4 e b t e v i d a�o m d b Y t e N o t e�n d u i y P n P s Y m a n t a nd 1ue oh�r d e s due wider the Note. `� ,��"�;
<br /> ' �.�.a �IQ «:1,' ''eh''; :, r�i
<br /> n�r�i�s t"� 2. Ph�lorTita aae tawe�aoe. Subjoot to app1iwtbk bw ot to a wrlttea waiver by Lenda.8orrowe��11 piY -fi. i ti fx. '�r�s'� •
<br /> n�awv�n :.. G fiti _:
<br /> �,"•'•' r tNc��: to Leada on�be d�y moa�bly PsYa�a�ua due under sbe Naa umit�he Nae is ppid in fWt��ssup("Putadz"I�911a1 to ', N�, ` , " ,
<br /> ?�',�",:**�.'`:�.��L or�+nvelRb of:(sa yattly t�ces �ad �t�wbioh m�y �tuia prtotity avat thit Seot�rity Inurumet�tc (bl Y��y '��r i������y`�v` ''` ` `
<br /> .i��s+ �;; 1a�bold PsYmena os aound rents ot� the Ptnperty�if�»y�(a)yeuly huaM imur�r�ce premiutm;�nd (d) Yauly a� ,� � A �,^ "
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<br /> ��i"�Y,_,({ :.:, �e i�roace premiuta�,�t u�y.'l7ro�e itan��re a�l e d"esoraw itema."L a n det may e s t i a u c a t b e F u n d s d u e o n t b e '',�'�;�> y `. �
<br /> "',�''•:�;}:•�S`` basbof ourre�t data�nd rp�ton�bleeatitrates ottltture a�arow ite�n�. '� ��°, �¢
<br /> <iz;Y;.1 s'�'�;;'.�;r:4,:{:. . T4e PWnds eb�il be held in m imtitution the deposits or aaaaunta of wh1ah aro i�auKd os auanatad by s fedaai or �.`` `;`, ?Y���t`��.
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<br /> . � �= z �; sea�e y�ay(iaoluding knder it La�der ie suah�n imdtution).La�der ehalt appty the Fands to p�►y the acrow itenu. ` ��s�r��,= .• ��`.,
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<br /> s , ,�, . t�a a d e r aa y tat a l u�t ge for laidl t�snd�p p fYln6 the Fuads��lystng the aocount or veslryri n g tbe escrow ite�unlass •;` „��r r „;; ��
<br /> � ,���;�. • ,;� kodet p�ys 8orrnwer inte�at aa tbe Fw�ds�ad�pplio�ble l�w pennita Lender to m�ke wc h a a b a:g e. 8 o r r o w e r�a d '`�,�,' � ...:; ;•'�,,M1:
<br /> ��,,�..:.. .�.,�,.x., tin r:'.,.• `�,ti.. 1
<br /> ,.. :�_-;,'�_�:, L�mdar pMy ycee ia writina tl�at iataest aball De p i i d on t he F u n d s.Un leas an sgream e n t is aade ar�p ptiable i�w .�,-�. ,4•' :•.5.:;.��
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<br /> �,��'•:",,:-'•,;;i'.,"F:�' �interat to be pdd.Lmda s�ll not�e�roquired to psy Aarrower any intetat or psniags on the Funde.Le�Mer > e;;;`:�;,,r-,�r,�•;��y,�;,�':
<br /> ,. �r ' � e'•:
<br /> �' ��i f ' 's tbtll�lve ta 8orro�ar.aithoW ehu6�.+�a+�nnaal�000uatiag of the Funda showing oredits aad debiu to the Funds and tbe ;, .
<br /> ��, a,�1�,x�;`►k�7��� P��n}r�ppo�se..t.o�r.w� bioN a�b debit to tbe F1ubs�ve�a m�da.Tbe Funda�re pledged ae additimul saurity fa the suan secund by �.; . .,:
<br /> 1 4 l '�_.�� ' f/�IiWVWN7�` �:. .1
<br /> t?�'A�Y l�•,r If tlte�tnatmt otthe Funda hald by iRadier.togather witb the t1�tua�maathiY W7�ts of Funds pt�9abk Pdor to '- _ i
<br /> tbe due dua of the esa[oM itama sl�i1 eaceed the�mouat n:quirod to pay fhe escrow items whan due.tbe e�casa aha0 be. ��}t _. �, b � �,'
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<br /> `�r' y'�;:' �'..`,'� ' u HorroMer•e opti�.ettber Proml►tD�'�d tq Hdn+naar or ccedited to 8asrawer oa monthiY Atyaronts ot Funda.It tho a� ���� ��;. ���
<br /> ...: �..,, es�app, sbdA at.enderan �`1-� � ,•�f,�rF �,;. ���'t•:
<br />::��;�'�r� � ��� awonnt otthe Fuads Inld by t.ender�a�dt sulRciait w psy the items when due.8orrowa P�f► I► �,�S•`�ys,,,°�. •��'c,�.r��::
<br /> :.".' tsis uired b Lendec. �'���k�.��., `��:. �'i
<br /> ,�a��a•;�•;^�::�`'�: aa�ntaa�rywm�keuptbeddicie�icyinaneormorepulm�ea �1 Y �j•.,; .v.�� ��)�R "�'}:`.
<br /> ��" `' vPonptYmeat ia tWi of aii sums 4�avYed by tbis Sxurity Instrument,I.ender aball prompty rePond `,' '���' � +•t�; �.:.
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<br /> to Honawer �,,, �,j:°�f:�� ,'?:
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<br /> . .•'`�`�"�; `;,� ' ally FY1WS held by Lander. Itunda pfta�apl+i9'the Pcoperty is eold or aequited by Landa.l.endet shnii!upply�nor later .,;,� ;,,,,,r;..,x`3',y;
<br /> � �,3,,,,
<br /> '�� `� ry�,�!�tt tb�a irnakdi�tely prior to the sale ot,lpfe IPropertY oT its ecquisition by LeAiiu.any Funds held by I�ender a1 the tit�ie of �: �������i
<br /> „.'� ,� appll�atianasace+editapinettbewmsiecuraibythiaSecurityJastrument. . ` {,y � ,',?'�,� -.
<br /> .: , .., �.:�:•. S. ANlkaqoa ot gp,�; Unleas ap�1� le lsw pmvtdea otherwlsa.afl paymenta r�cdved by Lander under ��,, .;,.µ;�,��%�, !t f x�� ��
<br /> �' r par�raphs 1 uid 2 shall be•p�lied;fl�1.to late'ebug�es due uader tbe Not��aecoi�d.to prep�Yn�nt oha�gea due under the . � ' �'?�l�,�Yi��' " '-
<br /> � N a t�t h i r d.touaainta p a Y�1 a�,1�P Ph�;foueth.w int�[est du�aad last�to principal dua. „ � �'a�
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<br /> n--Or,"�1An ,-�;-� 4. t�I.iaa. Hosrower�PaY�Ii ta�es.aseese�ents,ct�grs��s an d�p o s lt i m�,s asl r i b u t a b le to t he .=_ -- .
<br /> ' ��• '� q or und ronte, if any. '+rr' i( '� ° ""�
<br />- ;.�'�� ';��°,�� ► Pnoperty whiah miy atata priotity,ova tliis Seaurlty Instcumenti end leasehoW p�Yma� 6ro ���`��"
<br /> ma�
<br /> .��<".�'. "''�•t ' Sottoaer ehsU pay tbate obltgsNans io,11u meaner provtded In h 2�or if not d ia tbu m�nne�.Horroaer shall �'��' �1,;`. � : . �-.
<br /> '•e � `� +�s'��;', , p�y thaa on dma direot! to tbe wved paymant.Bonov�er�sb�iil promptly fWrni�eb to Lender eii notic.es of emaunta • � . ��-�'"%��°':'t`' � '`', �
<br /> � ufi t(s. a` ti��,,;n,�,,: ;^.
<br /> ��..'� :;;��` , c o b e p a i d u a d e r t�f a p u i g n ph.Jt�Borrower makas these p a y m e nts direcdy�Bonower shaA promptty furnieh to Leride� . �' �; �� i. . .
<br /> ,ti k.: ;,;��'; ' reodptsavldencingihspsyme»ta. ' ' ��tp,��}' ;,. �.c��
<br /> ,:;,#`�, Horrower eha0�prof�ptiy discharge any lien wbi�h hes priotity ova this Secwity Imtrumeat unless Hortower:(a) ' ,�� ; I� .
<br /> .,� , .,., `� , t of the obli ti�m xcured by the tien in a manner acaptobk w Lander(b)conteate in good ;�,si'. ., ....'i;�;�,,
<br /> � ��� � �; agroea{n weidag to the Po�Yrnan 8A '
<br /> `,;��;�,n�`� }, . t�itD the 1�by�er detands�gainet enforc�ement�tbe fka in.leg�t PraceediaBs abich in tbe Lenda's opinion opetate to :'� (: •,:
<br /> '� , s� � ptevet�t tbe entbrce�nent of the tien or fodeiturc ot any put of t!u PropertY;ar(e)�ures irom the holder of the lEm an ;., �,
<br />` :'Y�}r'l[.�,;.:: �-;',: , ape�t seddi�ctory to Lendar subordinating the lien to tt�is Sawrfty I�trument.If lrender determiea tlwt any part of ., .
<br /> ,,.,,}„�
<br /> � �,;4� ,r��►� ti�e ProPertY is sub)eat w a Uen which mey a«ain prtoeicy over t h i a S e cu dcy Inatrumen t,L e a d e r m a y g i v e 8 a e r o wer a „ . :
<br /> •"��'�ti::.,'�r;;�,�,`J,# � nodoe identifying the lim. Bon�nwer a h e l l sa t i sFy e he l l e n or t a k e one or m o r e o f t h e a c d o n s u t f o r t h a b o v e w i t M n 1 0 d a y s . �. .. .; :' :
<br />. . t' ..i: . n'•.
<br /> �.t` of tbe gtving of notke ��" � ��: , .
<br /> .;:��','� r: t�:�+,.,,,i " :
<br /> 5��,s l, S. Hwe�d Insutmce. Honower ahell kap the improvpnents now exiacing or hercatter erected on the Property , �,�.'�:;j:;'•��ws,y�� '
<br /> �;�s�:;::,(�; s�' ^+,,�
<br /> ,y�.�� irmu�ed�gatnet toas by ftte.lazarda inctuded wtthin the term'•eatended coveeasd•and any other harards for whiah I.ender �' :..:;;k�i:��;<<:',,,:,�.t,
<br />!.'�r_�:f'.:�s�Y�,,•,,+�� erqtde�es insuranca.Thl�ineurance ahall be mainteincd in the amounta end for che periods that Lender raluirea.The � ���.`x'!l;;i��r�«:_
<br /> � ��t>'t�{�,
<br /> Th
<br /> ,,�� r c1� :', ie�utsnce careter provtding the Msurance shall be chosett by 8ormwet subjxt to Lender's approrai which shaq not be ` � - y K�J�11���'.
<br /> � l t>a ,,� �,�t, � uasaaon�bly Nlthheld. , ��{�t1:��ry��;
<br />�t;`'Fti'tt7��, �+� +� p11 inwrance policia snd renewals ahail be aaxptable to Lenda end ahali include a uandaM mortgage ciauae. �,�. .., �,,�,.n:,�,�• •
<br />=_.=a;�`���-`fc+�.�t��ii�'' I.eader slall bave ebe tight w hold the poiicies and renewala.If Lender requirat,8orrower�ali ptotnptiy giva to L,ender , :ti�,+ti�r:�,";'���
<br /> : ;.�+'���#.`�rs`;'•�,i," all rooeipta of paid premiums end reneaal notices.In the event of loss.Borrower shali ve rompt rwtia to the insuran�e �+'�"'�`���'�.
<br /> �:�':;�?�";i�'p 6� P .: ��'h�ft.�'..'., �,....
<br /> canter end Lmder.Leader utsiy make,proof af losa if not made promptly by 8orrower. ,. �• . .} i� r.:..
<br /> ;.:!j;s„`, ,,.,.,�,. uts .
<br /> ��s +��4�,•�:
<br /> ' ,..�{,�,«��`.;•._�y�>.�'" Unleas Lendet aa!Homower otherwiae agrce in weitin ,inaurance proeeeds she1l be appiied to restotation or repuir '` �:,:.>;}�,�;,:�
<br /> ' ,... . , r„r
<br /> , � � '�` of the Property damaged. if tha restorntion or repair ia econogmie�Uy leasible artd Lendar'a secnc�ty is not lessened.If the �'���'' `r �""
<br /> ��.t �
<br /> ::��•: . :W: ���: '� reat�atior+or repair ia not xonomicafly feaeibte or Lender's secudty would be leasened. the iasur�nce pe+oce�ds aheli be '.,:'%! �':'yf;r1+;=.
<br /> �,�. ��;: ��.��,
<br />-= ,.�: ;•�� � � ` applied to tlie suma sanred by thia Security Instrument.whether or not then due.with eay e�cas paid to 8onower.If � �..:� ,
<br /> ::.,� •� .'�:, °:`:� : � 8orroaa abandons the PropertY�or does not aruwer withen 30 deys a notice t'rom I.ender tlwt the iaeurance carrier fias . ;;
<br /> '� �''' '� �' o}fered to senle a claim,shen I.ender may coliect the insurance proceeda.I.ender may use the proceeds to repair or restore � ��°; �
<br /> ,,, ._�, ... . .
<br /> :�`%"'''. ` � ' ' the Property or to pay suins secured by th{s Security Inatrummt,whether or not then due.Tbe 30�day period wiii begin • ' •� • ::•'•:
<br />=a�(.ti�i,ilqidr.:;A�:, WLd1i�1COQtt�l�S$�VCtI. �� „ '�;�'1:':�':C�1.
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<br /> _,�•�� �.�l���.�r rr' ' Unkss I,endet ancl Horrawer aherwise agae in writing,any applicetion of proceeds to peincipal shatl not extend or .:>'i.','';.
<br />'°�:,, �:., :-;,
<br />_;�,,���:�{,t�°;;::^:�;�, paqponetheduedateofthemanthlypaymentsreferttdto�np+aragtaphsland2orchangethe�mountofthepayments.If . . ;���
<br /> ,�;i,��i�.�•,,�I!►• e '
<br />-��r�y� �,1�� �P�S�Ph�19 the P.roperty is acquired by Lender,8orrower's nght to eoy insurance policies and proceeda resulting ��,•,;i;. �.
<br /> -.��.�..hlSk .��r.''•,'' , • '_
<br />_-;:;;�;S:+�I.;�r�y..��•.;�; froat damage to the Property pnot to the acquisition shall pasa to L.ender to the eatent of t he sums secured by this Security ' ' '
<br />_'-�,':,�.�t.;.�,�!;;�:' '';� tnatrumant immediasely prior to the acquisition. . , •
<br /> ,��1 '` � � s��.:., � 6. Praen�Noa and M�intemnee ot!'ropeny;Le�eholds. g orrowe�s hall noi ck.ct�oy.damage or subaeantialt y . .
<br /> ``�� ' ' c�snge!ke 4'ro�esty.�!!Le!''.!!!9!�'r!!Ey t�Aetedorate or mmmit westt. If this Secutit�losttument Is oe e leesehold, , '
<br /> r,�,�••,-,- , . .
<br />�°;i'����t�.;� '.� ' Barowa shal!comply with the prov�sions of the Iease,and if Borrower acquues fa tide to the Property,the leasehold and .
<br />-(f4 � .�.. •� �,. !
<br /> ta title shall not merge unless Lender egrees to the merger ir writing.
<br /> . . 7. Protecttoa ot La�de.�'s Rights in the Property: Mottgoge lasue+nce• If 8orrower fails to perform the
<br />::�,��, ` � • covenanta and agreect�ents conteined in thia Security Instrument,or there K a kgal proceed'uig that may signiflcantty a�ect
<br /> ' � . Leadet'e rlghts in the PropertY(such aa a proceeding in bankruptcy.probate,for condemnation ot to enforce laws or
<br /> ��`'?�` ''' ' regutations).then Lender mey do and PaY for whatever is�ry to prolect the•�atue o�eAe Propeny and Lender's righes
<br />`,�•_'�s� : in the Propaty. Lenda's actions may inetnde psying anr sums saused b}a I�eo whrrB�has pr�onty over thia Secarity
<br />_ , , � ;,:,', ,. Iaurumatt�appearing in court�paymg tea4anaele attorneya'fees and entenng on the Propaey to maDce repe�rs.Although
<br />, _ . � Lender may take actton under ehia paragrapb�.l.ender doea na have co do so
<br />� � Any tmounts disbu»ed by I.ender unde�this paragraph�shall tre�came addit�ona!debt of�oremwer secuted by this
<br />�, �,.�.i�`°:. , ' Security lnatrument. Unlesa Horcowei and Lender agree to other ternns of�aymmt.thes�amounts shalt bear�ntercst from
<br />;�.,:� �', ; ' t6e date of diebutaemmt at the Note rate end shall be peyable,w�t!►mcerest, upun nonce from Lender to Borrower
<br />��..:.�i requeatin6 Pap+�ent.
<br />_�i /.. 7. � . ' ___. -_. '"_
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