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<br /> , �,� �.� gt..._ 102129 -
<br /> � d UNIPORM COVENAN73. Borrower u�d Lender ooven�nt�nd a�a u folb�'+:
<br /> � 1. P�Y�t ot�i�tipl wl l�te►�q P�a/��t�Lrtt(.1�r�n. Borrower sh�ll promptly WY when due
<br /> �. tho principal of and intem�an�ho dobt evWenoed by the Nde and aeY PnP�Ym��u►d I�te ch�rQe+�due uader the Note. -- -vT
<br /> �, F„��oe Tua�d��. 5ubjxt to�ppUcabk law or to a written w�ivar by L�mder.Borrower shRll p�y �„�„ _�
<br /> • I' ' � �p�,�nder on�hQ day mon�hly pnyn�mt��rc due under the Note,uotil�he Nnte is paid io Ibll.a sum("Funds")equ�l�o � :__
<br /> �•-=
<br /> � one-IwelDh of: (�) Y�rly t�xa �nd�ssasments which m�y att�in prfari�y over this Security Insttumeot: (b)Yprly -.�-.
<br /> � ^ �� p�ymonts ar ground rcnts on the Property, if+�ny; (c) ya�rly h�z�rd insun�nce prcmiums; �nd (d) yearly ��-�,..., ..
<br /> � mott e insuraocx pnmiums,if any.These items�rc callod"escrow nem�"Lender m�y esum�te ihe Funds due on the �4•_�.y� ,�,.„ �-_3.�.�'��
<br /> ° �s��unent dat�and ra�sonable alim�tes of fature escmw ilems. f�`�"
<br /> `�� c �'
<br /> The Funds shall be held in�n instiwtion the depusits ar accounts of which are insured or guaranteed by a federal ar ��.;__-=-`,�'�,- - -
<br /> �� i t�t e a�n c Y(iecludin g I.ender if[.ender ii:uch an institution). l.ende�stull Apply the Funds to pay the escrow items. ,
<br /> l�tler m�y not charge ior holding�nd�ppl y ing t he Fun ds,�na lyr.i n g t h e�c c o u n t o r v e r i f y l o g t h e e s c r o w i t e m s,u o less �=��-=_--_--�.
<br /> • Lnnder psys Borrower interat on�he Funda�nd Applicable Iww permits l.ender to moke such a charge.Bottower pnd i•�:•-��M�- �= _
<br /> [.ender may agrce in writing that interest shall be p�id on the Fuads. Unless ao agrament is mMde or applicable law ,�.Y,..--� ��_ _
<br /> �. -.....•:..
<br /> ro q u i ra ioterat to be p aid.l.ender ah�ll not be required ta pay 8orrower any imerest or earnings o�the Funds•Lender ,.�:�,r°��. u
<br /> shall give to Borrower.without charge,�n annu�l accounting of the Funds showmg credtts an d de biis to t h e Fu n d s and the �= � , �
<br /> purpose for which aich debtt to the Funds was m�de.The Funds arc pled�ed�s sddi�iwnat securtiry fos tRe sutn4 secured by �,, ,,.,,;,,�,,, .
<br /> ��-... :..:.;��'-•ohsi:. .." . �
<br /> this Socu�ty Insltutncca. -
<br /> K IP the smount o6 tMe Funcls hetd by l.ender.coge�ltia wi�h�he i��ure m�on�htK paymrn�s oP Funds payabk p�ior�o � . .�....:,�,y:�
<br /> the due data of't6e escrow ite�nx.shrll eaceed t4e rmount mluired tQ P�aY�Ae��01°"�tems when due.the excess shsll be. ,,;�..,,.�,�
<br /> � �t Borrowet's option.e�t6er proml��Y KP�to Borro�er or credited to Borcower Qn monlhlY PaYments oP Funds• IP�he '�;,r,,,;�,:„_._.
<br /> r,.. : .:_ . ... .
<br /> Bonower shaU pay lu I.ender any . ,i:.,. �.,.., .
<br /> �, � �` 1 aanouAt ofi t6e Funds held�F Let�der is no�su�cieat to p�y the escrowr items w hen due, __
<br /> � � � • wonount nensgary ta mske up the deficiencY ia oae or mc►re payments as required by Lender. �;•;�,�°�.; �
<br /> a--py�,.,�
<br /> Upon payment in f�ll of al)sums a�e�:u�ecl by t0�is Security Instrumenl, i.endcr shall pran�ptly rcfund to Honower y.,��� . . ,;.; �_i
<br /> any Funds held by Lender.IP under parag�ph�9�h�Pr°P�nY�s so1d or acquired by Lender,Lender shall appfy,no la[er C'. ',;; ';:_���_;�:_
<br /> �� `���,
<br /> than immediately prior to the sale of'the Property or its acquicltion by Lende�,xny Funds heid by Lender at the time of . �.. �;^;�`.
<br /> .}.'.;;
<br /> �ppliatio»as a credit against the sums secured by this Security Instrument. 4. _ ,
<br /> � 3. Appliaufoo o�149mepb. Unless applicable I�w provides otherwise,a01 payments received by Lender under ,
<br /> . paragmplui 1 and 2 sMall be applied:�rst,to IAte charges due unde�the Note;second.to prepayment charges due under the C'�'�" � ;`t Y
<br /> Notr,third,to amoun1s pny�ble under parag�aph 2c fc,urth,to interest due;and last,ta principa,c�we. f _
<br /> �:•�� 4� �*�Up�s, Borrower shall psy all taues,essasments,cMuges,fina and im}+o��ia�ans attributable to the `
<br /> �'. Property which may attain priority over this Secuat�r Instrument, and leasehold paymcnts or graund �e�ets, if any. �
<br /> � Horroaer shall p�y these obligations in the manne�p�ro�cded in ParaB�aPh 2,or if not paid in that manne�,B��r,r•nw�rr shA17 :: ,�
<br /> pay them on time dircctly to the peraon owed paymema.Borcower shall pramptly furnish to Lender all notices�'f nmaunrs ,���
<br /> to be pnid under this paraBrnph•�f 8°n°aer makes�hese payments directly, Horrower sholl pramptly Purnish ta Lender ��
<br /> _-_ -_ _ rece�ptsevidencing the payu►eois. ` ;
<br /> Bortower shall promptly discharge any lien wG�ach has priority over this Security instrument unNl o�'�S n good � '�
<br /> � agras in writing to the payment of the obligatian secured by the lien in a manner acceptable�o Lender; . � �_
<br /> faith the lim by,or defends against mforcement of t h e l ien in,legal proceedings which in�he Lender's upinion operate to 1;� ' �,,.
<br /> O . �'� • prevrnt tlre�nforcxment of the lien or Porfeiture of any part of the Propeny;or(c)secures ffom the holder of the lien an
<br /> �,,. . :�,
<br /> � �. ;.?,�: i egrament�•tisfactory to Lender subordinating the lien to this Secun�y Instrument. If Lender determines thet any part of . , �t.
<br /> ; :' I�i� the Propeny is subjxt to a lien which may nttain priority over this Secunty lnatrumen�,Lzrcl=r may give Borrawer a
<br /> ," � %`.(;::; ' notice ideaatying the lien.Borrower shall satisf'y the lien or take one or morc of the nctions set torth above within 10 days
<br /> �� c►f�he giving of notice.
<br /> � � ��' g, Hazud Insuronce. Borrower shull keep�he improvements now c:xisting or hereaRes�rccted on the Propeny ,
<br />• , ; �,,i��; insured aga+nst Ioss by fire,hazarda included within the term"extended coverage"and nny other fiazards for which Lender
<br /> • • �`', � roquires insurance.This insurance shnll be maintained in the umounts ond for the penods tbat Lender requircs.7'he
<br /> . , ,
<br /> • ;: _, ' iasurance carrier providing the insurance shall bc chosen by Borcowcr subject�o Lender's approvnl which shall not be
<br /> !j�,'�;� unrasonably withheld.
<br /> � '� • All insurance policies and renewals chall be acceptable to Lender and shall include a standurd mongage clause.
<br /> � � �,;i"'': I.rnder shaU have the righ�to hold the palicies and renewals.If l.ender requires.Borruwer�hall promptly give to Lender
<br /> ' • �_';' all receipts o4'paid premiums and renewal notices.in the event of'toss,Borrower shall give prampt notice to the insurance
<br /> C� ' �,.. .
<br /> „ ,,;,.�• camerand Lender.l.tnder may makc prcx�f of loss iPnot made promptly by Borrower.
<br /> {� ��;�_ Unless l.ender and Aorrower otherwise ugree in writing,insurunce procecds shull be upplied to restoration or repair
<br /> , ,� T��� ,` of the Property damaged,if the res�oration or re�ir is economically feasible nnd I.ender s security is not lessened.IP the
<br /> !, �i�'� ratoration or repair is rcot economicnlly feasible nr 2ander's security wcwld be letisened,the insurunce prvicecds sfiall be
<br />! �' � � applied to the sums secured by this Security lnstrument,whether or not�hen due,with nny excesa poid to Bonower. Of
<br /> � Borrower abandons the Property,or does not answer within 30 duy�a noiice from Lender that the insutance carrier has
<br />' '' ' ' �;. ��.•., of�ered to settk a claim,thrn i.endet may collect�he insurunce proceed�. Lender may use the prr�cerds to repair or restore
<br /> �" ;�;t�: the Propeny or to pay sums recured hy this Snunty Ins�rument,whethero�not then due.The 30-d3y�xriod will be8�n
<br /> ' '` when the notice is giveo.
<br /> :'�+�I;' i Unle.ss L.ender nnd Borrower otherwise agree in wn�ing,an}•applicaii�•n af�.r�keeds tu princ�pal shnll not eatend ur
<br /> postpone�he due date oPthe mnnthly�ayment�referred�o in paragraphti I and 2 or ch•rnge the umount of the payments.If
<br /> } under paragraph 19 the Property iw acquuzd by Lender,&�rmwer's;iRht a�any insurunre poliries and proreeds resulting
<br /> ''' from demege to the Pro�rt}prior to the acqui9ition shall pa�s to Lender ta t he eatent of�he sums secured by this Security
<br /> . �'.�,�5�� � Inslrument immediaze�}�r:.�r to Ihe acquisition.
<br /> � `��° �� 6, pre�ervpteot�aad Mainfenance of Prnpern':1.eASeholds. Horm++•er shalf n��t destrny,damag�r nr�a.bstan�ially
<br /> �;� 'i� �
<br /> . • � + change the Pro}+erty, bJl��w the Pmperty ta daten��:�te ur �ummu wuste.[f�hn Stcuri�y Instrumem ia cn a leasehold.
<br /> Botrow�r sha7f comp0y with the pr.���;;,�•nx of�he lea9r.and�f Hnrn�uer acyu�r�w ftr litle to the Prn�+rn}•.thr leastfiold am�1
<br /> � .,�, �,� , fa IiQe shal'�no�mergt tonless Lcn�cr aartes to the rnerger in w rrtmR
<br /> 7. Protectit+n nN Lender's IQdR6ts in tEae Propeny; �fortK�tRe lasu�ancc. li 1i��r:.�wer Pai1, to (+arfnrm t�:t
<br /> ' ` � covenanls and agreerr,znt�.�ntained in th�s Secuniy instn�ment,ar Iherr i+a legrl pr�tieedmg Ihat ma} .ign�fi:antic aSect
<br /> '��'i, . I,ender s nghts in the ff°�c+perty (such as a pnxredmg in bankruptcy. prohat�,i.�r cunJemnahon ur to enf��rce law�or
<br /> ..1.�.-..I......C�h..Dr.�w�rll•antl I NfItIN�\fIQIIIt
<br /> � rcgula�:ans),then Lender may doao�pay ior wnaievcr�,nn�..��:c�:F.•-�;c:•••.•.�•�......._...,_..: --- - .
<br /> in the Property. Lender's uctwnx rroay mclude paymg am• �um++rrured M a lien w•huh ha.��n��nt����ver Ihis'iecunac
<br /> . Insltument.appearing in couh,pay�r�6 reasonable�ni�rneyti fecw and rntenn�t an the 1'rn�nn} tu makr repaus.Although
<br /> l,ender may lake acucm under this paragraph 7.Lender dixw ni��ha�e to d�x�
<br /> Any amounts d�sbursed by Lender under th�c parugraph 7�hnll bernrere addivanal debt of Burmwer�ecured b�this
<br /> Secuney Instrument.Lnlas Borroaer and Lender agree io other term�c}f p�qrRent.�he+e amoums,hall hear intere�t fmm
<br /> ti�e dace of disbutsement at the:�Sote rate and thalL Fx Pay�hle� µnh mtcrc�t, upon nnfice from Lender t.• &nrower
<br /> reguestmQ PaYmene.
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