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<br /> W� UNIPORM COV�NANTS. 8orrower and Lender eoven�nt ind��ree rs follows: 9��-10 21�9
<br /> � 1. My�st�t ot Princlal�nd Ipttnsti E'►�Mri���V���• �rrower�hall pmmptly pay when due
<br /> { the princip�l of�nd interal on the deb�evldenced by the Note and my pre�yment and la�e char8cs due under�he Nrne.
<br /> ., .:-� � 1. Fu�d�ta Trutr a�1�. Subject to�ppl�cablc aw or ta w wro�en wa�vcr by Lender,Barrower shall�y _�
<br /> • � s.._ " to Lendet an Ihe day monthly payments�rc due undar the Note,unul the Note is pw�d in full,o tium 1"Funds")eqwl�o
<br /> • . .. one•tMelilh of: U�yearly taces�nd assasments which may otlwin pnunly avc�th�s Secunty Inurument; (b► yearly �'�� --�*�=�°-=
<br /> -,��.�:�,jn,`:`.j u,r
<br /> � " - leuehald pwymrnts or 4round rents an the P�openy, if any, (c1 yearly h�rd insurance prem�um�; wnd (d1 yearly f�� . .+�._�–
<br /> � -- " • mwt{a4e in�unncc prcmiums,iiany.Thae itemr�re cdled"esctrnv uems." Lender m�y esamne�he Fund�dua on the __ � "•�� '''�`''`''�
<br /> �� �' � � ba�i�of current d�t��nd reacombla atim�tes of tinure escrAw iiems.
<br />���'. ' � Tha Funde shdl be held in an instiwtion the deposits or occounts of which arc msured or guar�nteed by a feder�l or
<br /> ' �tate a�ency(includio�Lende�d I.ender ia Ruch An imtitution). l.ender shall opply the Fundc to pry the escrow items. �`�°'�-�;l;�:--v ,,,�
<br /> Lender m�y not ch�r e for holdin and� ly�nQ the Funds,analyzmg the uccount ur ve�ifying the escrow items,unkss "_ --= =1 ' '
<br /> 6 i PP �„,�.�,.t ,
<br /> Lender p*ys Borrower interat on the Funds and appGcabk i�w permi�s I.ender ta mnke such a charge. Honowe�Aod T,<:i,�' �
<br /> Lender may agroe i�writind tl�at iaterest shall be paid on the Fu�ds. Ualcss an ag�ament is made or appliubk law • . '. °•-,,�.f,,�,
<br /> � ' � '. requira intercst to Ee pa�id,Lender shall not be requirod to pay Borrower�oy interest or arnings on the Funds.I.ende� �;�:�-,•'�_:__-'-_--
<br /> slull�iva to Borrower.without chsuge,Rn�n�ual ucounting of the Funds showing credits ond debits�o the Funds and the ���;�.., �`
<br /> , purpose for which ach debit�a the Funds was made.The Fw�ds are pkdQ�d as 4ddi�iond security for the sums secured by �,,�.-L:_�-J �
<br /> � • this Socwity Instrument. Y .�� ..`.
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<br /> If the�mount of the Funds held by Lender,together with tfie future monthly paym�nts of Funds payabie prior to �. . .. ����
<br /> , � � , ' the due datex dthe acrow items,shall excood the�mouot uircu�o + �he c •ruw itei�s N hen du•� tht extess sh�!!�e,
<br /> . at Borrowet's option,either promptly repaid to Borrower or�credited to Borrowe�on mon�hly p�yme�.0 vf Funds.lf the , �-,.:,x�
<br /> ' +�;.�' �•'��,�� .' • amouM of the Funds field by Lender is not suffi4ient to p�y the escrow items when due,Bo�rowe�shail p�y to Ixnde�any __
<br /> '�!1,'i�.ft.p. . �'
<br /> � • �� • •.��� amount nocesssry to make up the deficiency in one ar more p�yments as requi�ed by Lcnder. ,;�f=_�_a
<br /> � '•• it�!.:�;..d�� :•;...,.�':': .
<br /> • ;; ��; ,�,t.,�,:,,�,,;;;.,;,,,�,,Y* Upon p�yment in Pull of a�J sums secured by this 5ecurity Instrument.Leoder stiall promptly refund to Bonower
<br /> any Funds held by I.endcr. lf under paragraph 19 the Propeny is sold or acquired by i.�nder,I.ender sh�ll apply,no later � ` _
<br /> . .�;f'�"�;'���t;'���l(�i?�+�� than immediately priar to the sale oP the Property or ils acquisitian by l.ender,any Fund.s held by L.ender at[he time of { .
<br /> ���'` �'� � �����•��" ' application as a credit ag�inat the sums sxured by this Security Inslrtjmea�a. '
<br /> .,.r,s,r ;.: : ,
<br />'.;,F�;:• �' 3. Appfleadoi otP�ymenb. Unless applicable law protides othrrwise.a��pAymeots received by l.ender under �
<br /> �;'`},'�f � paragr�+�hs 1 and 2 shall be epplied:8rst,to late chuga due unclxr tfie Note;second,to prcpayment chsr4es due under the ,,_
<br /> `,��: .� +: Notr,third,to amounts payable under paragr�ph 2;fourth,to i�oa2rr�t due;and Irst,to principal due. i� • . w. :`
<br />?�'!;':��. •�. 4, ��,;Laa. Borrower shall all taxa,assessments,charges,fines and impositions attributable ro the I , "`,. ��;,;.
<br /> :,..��.•�, � _,�:y�ti.•_-. +: WY :
<br /> ,•,�•. =. ti';is- , ,:�—= !►roperty whic3� may atuin prioriiy,over this Sa:�rity fnstrumeat. and lpuhold �,aymenls or gmund ren[s. if any. _>-
<br /> ''.�, '`''�:�t': .. Borrower sh�11 pay Ihae obligations in the monner provided in paragraph 2,or if not paid in that manner.Borrower shall � '..' 1' �'�"•:`�
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<br /> �'.�.'.�';{';'' �r� �-:�.£ ; pay them on time direcdy to Ihe person owed payment.8onower shall promptly furnish to Lender all notices of rmounts . � �•,. _;. ' , . �`
<br /> 'f �:: ,' •��� to be p�id under this parngr�ph.If OOrrower mska thae payments directly, Borrower shall promptly furnish to Lender � ; ,A : ��-�,�,-�„
<br /> �� `' ��' . , reaipis evidmciag the p�yments. ��1�
<br /> : � ;� � ' -1�S�rSr•' .:�LA�.'Y+��
<br />''�,,;;;�i;;,�. . ,. Horrower st�all promptly discharge any lien which has priority over this Security Instrument unkss Borrower.(a) � �t�`� ��
<br /> '��•� `�• �� a g r a a 9n writi�g to the p i yment of the obligation secured by the!im in a manner acapwble to Lender;(b)contests in good
<br /> �;.:•: �'.: �... „ . � .
<br /> ,�;•;•.+'�• „ faith the Iirn by,ar defendx against enforcement of the lirn in,legd proce e dings w hic h in t he L e n d e r's o p i n i o n o p e r a t e t o � ���
<br />;t:�•. prevent the enforcement of the lien or forf'eiture of any pari of the Proptrty; ar(c)secures from the holder of the lien an j
<br />;�• �greement satisfactory to l.ender subordinating the lien to this Security lnstrument.IP Lender determines that any port of I �';;;� .
<br /> . " the Properiy is subject to a lien which may attain priority over this Security lnstrument. Lender may give Botrowe�a , �,;_ . ,,:_,
<br /> � notice identiPying the lirn. Borrower shall s�tisfy the lien or take one or more nf the actions set fonh above within 10 da !;�'� •'•�
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<br /> '•' "� S. Hwrd Insurmce. BoRawer shall keep the improvements now enisting or herea'fter erected on the Property . •,,�;.i�r}�, . .
<br />• ,8'�•r,+M: .
<br /> ,:.,.;t.,.��, insurad ag�inst loss by fire,ha�ards included within the term"eztend¢d coverage"and aay other hazards for which•Lender •• •;;�'• '•';
<br /> � : •;;,;•:;;;. requirts insunnce. This in�urance shall be maintained in the amaunts and for the periuds that Lender requires. The r � �'� ,
<br />� ` x :: �"'r' ineurana carrier providing the insurance shall be chosen by Aarrower subject to Lender'a opprovol which shall noi be � �""�..;, •
<br /> •�,-11. L .. . A�•"
<br /> • •, i. unreasonably withheld. ';,'�'�'•�:;.
<br /> ' y. All insurance policies and rcnewals shall be acceptable to l.ender and shall include a standard mongage clause. .'.Y
<br />� � ,.,:,��;;,� Leader shdl have the eight to hold the policies and renewals.lf Lender requires, Borrower shall promptly give to l.ender .
<br /> �.•ti- xll teceipts of paid premiums and renewal notices.ln the event af loss,Hcirrower shall give prompt not�ce to the insurance
<br /> c�;?', � ",,ti`�,,�;�,�'•� . , curier snd Lender.l.ender may make proof of loss if not made promptl�•by Borrower.
<br /> • Unless l.ender and Borrower othenvise�gree in wnting,�nsurance proceeds shall be applied to rostoration or repair
<br /> ;.',••j ;t; � of the Property damaged, if the restoration or repair is economically feA�ible and Lender's secunty is not lessened,If ihe
<br /> ' '-' reatotation or repair is not ecanomically feasible or Lender's securitv would be lessened,the insurance prceeeds shall be
<br /> ,',.'�!"�.t'� applied 10 the sums secured by this Secunty Instrument,whether or not�hen due,wich any excess paid to Bonower. IP
<br />' � Bor�ower abandons the Property,or does not unswer within�0 days a n4tice from Lender that the insurance carnet has
<br /> - ' ' � offered to sett�e a claim,then Lender may collect the�nsu�unce proceeds. Lender may use the praceeds to repair or restare
<br /> ; the Pruperty or to pay sums secured by this Secunty Instrument,whethtr or not then due.The 30�day penod wi!!begin
<br /> � when t6e notice is grven.
<br /> Unless Lender and Borrower otherw�se agree�n wr�ting,a��applicauon��I'pnxeeds to pnnc�pal shall not eatend or
<br /> postpone the due date of the monthly payments referred t�ia�p�rngraphs I und 2 ur chnnge the nmount of the payments.If
<br /> under paragreph 19 the Prnperty is acqu�red by Lender,Bormwer's nght to any in+urunce policies and proceeds resulting
<br /> • � from damage to the P�operty pnor to the ucquisinon shnll pass t��Lender to t he extent of the�ums secured by this Secunty
<br /> � Instrument�mmediately pnor to the ncquis�non.
<br /> � 6. Praerration�nd Maintenonce of Property;I.ea�eholdt. Harrower.hall nat destroy,dnmage or substanlially
<br /> i change thc Property, allow�he Propercy to deteni►ra�e or commu waste. If�h��5erun��• Instrumcnt ts on a leasehold.
<br /> . l o........,..��..0�.,�.,��.,W�eh rh��rn.,�anns nf�he Iw�e.and d Burrower�cyu�rrr fee uHe to the Property�the leasehold and
<br />� - . , .. .. .__..r• '-- ..
<br />� fa title shall not merge unless LenJer agrces t��thc merge��n wnnng.
<br />� 7. Protection ot Lender'e Right� in the Property� MurtRoRe Insurpnce. If Barrower fuils tu perfurm the
<br /> � . ; cavm�nts and agreements contamed�n thi��unty Imtrument,ur there iti a Irgul pnxeedmg that mey sigmRrantly aflcct
<br /> I.ender's nghts ro the Propeny(such as a pnxeed�ng in bunkruptc�•, pmbate. for randemnatwn or �o enforce lews or
<br /> ; rcaulQtions),then Lender moy do ond pay fcir whatever is necessary to protect the�alue uf the Property and Lender'�ngh�s
<br /> in the Propeny. Lender's acnons may mctude paying any sums serureci by A I�en whirh has pnonty u�•er this Secunty
<br /> Instrument,nppeanng m coun.peymg reasonnble attorneps'fees end entenng on the Property�o mnke repairs. Although
<br /> .� Lender may take action under th�s paragrnph 7. Lender doa not have to do su
<br /> j Any amounts disbursed by Lender under�h�s parag�aph 7 shall become additwnal debt uf Hurrower secured by t h�s
<br /> Secunty lnstrument.l,�nless Borrower and Lender agra to other trrms of payment,these nmounts shall bear mceres�from
<br /> tbe date of disbursemenc a� ¢4ae I�ute rate aad sh�01 t�e .ryyateBe. a�th �nierest. upon notice from Lender t�* �c-rower
<br /> . rcquaun6 P�Ymem. '
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