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<br /> .�;1;YP� •�' � UNIFoRM COVBNANTS Borrower and l.ender coven�ns�nd a�res rs fallowi: . �� 1021 G 1
<br /> `=:�;•�
<br /> _ .r 1. Pay�eat ot iM�elpd uid tateea�ti ProM!'�e�V���� �no�i�e�s wll promptly p�Y whcn due
<br /> _--�'�.�.;:•-.• : �'�x�" the princip�l oiand interat on the debt evidenced by the Note�nd eny prep�yment�nd I�t�ch�rQes duc under the Nata.
<br /> �r+s��'�"d 2. Fu�tor T�sM�d I�aur�ac�. Subjecl to�pplic�ble law or to a w�itten waiver by Lender.8orrawer shRll pAy
<br /> ��"�" to L�endcr on the d�y mc►nthly p�ymem��ro due under the Note,uotil thc Note ix paid in full.�sum("Funds")equd ta
<br /> �a.-'':,.,�r,' ., p , __
<br /> -- �� . �`'" ���`'• onrtwelRh of: (�)yeu�y tu�es md �uasment� whioh may �tain pnori�y aver thi�Security Instrument; (b)ya�ly
<br /> �� ••' � lpsehold piymrnt� or�rounci nnts an the Prapeny. iP any; (c) yearly hw��d insuruece premiums; aad (d1 yearly
<br /> � mort�Qe insuance premiums.if�ny Thesa Items�re callod"escrow items."I.onder m�y es�irr�te�he Funds duo an the
<br /> '�°'� �' bais of'cunent dau�nd rason�bk atim�tes of futurc escmw items.
<br /> `�:�•s•1 � The Fundi�hal1 be held in�n insutuuon�he depcuits o�,�ccoun�a of which ure insured or guaranteed by a fedenl or r�„R�,,__
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<br /> —� ��,��_r�_. . sute�arney(includinQ Lmder if Lender is such an ins�itution).l.ender shall apply �he Funds to psy the escrow items, _
<br /> � �r•. . -": ' Lender may not chu�e far holdinQ and applying the Funds,onalyzing the acrnunt or veriPying the esc�aw items,unless
<br /> -' � • ' � Lender paya Borrower intocest on ehe Funda and Applic�ble law permits Lender to muke such a churge.Barrawer ond ��
<br /> ••'.i4a�. ,, I,end�r msy�gree in writing�hst interat ahall be paid on the Funds. Unless an ugrcement is made or applicxble law _
<br />� � �' requires iote�t to be paid.l.ender shall no1 be required to pay 8 onower any in tera t a r earnin gs on the Funds.I.ende� -__
<br /> • . shall give to Bonower,without charge,an annual accounting of the Funds showing credits and debits to the Funds end the .. ,,,: , : , ��K 1
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<br /> . .e;.,•u�:.,. �._. _
<br /> i„� . . purposc for which wch debit to tha Funds was made•The Funds are pledQed as additionpl secunty for the sums socured by �J.�L��
<br /> +.;• ' thi�Secudty lnstrument.
<br /> � If the�mount of the Funcu held by Lender.tagether with the future monthly paymeMs af Funds payable prior to fl���='-
<br /> �r'
<br /> ::.� �;�� ' the due d�ta oP tho escrow itema,sh�ll exceed the amouM required to puy the acrow items when due,the eacess shall be, �
<br /> ,���_`.'.:�':`' - nt Borro�ver's option,either promptly repaid ta HoRawer or credited to Borrowe�on monthly payments of Funds. If the � -�---
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<br />��� � amount of the Funds held by Leader ic not sufflcient�o ps�y the escrow items when due,B onower s hall pay la Lender any �•-�t•��� -
<br />'` ._::'„���., amount necessary to rrake up thede8ciency in one or morc payments as requi�ed by Lender. ��j.
<br /> � � Upon payment in full oPall sums secured by this Security Insuument.Lender shaQ promptly refund to Borrower �•�°--�� --.
<br /> � � �ny Funda held by l.ende�.lf under psrngrnph 19 the Propeny is sold or acquired by Lender,Lende�shall uppiy,no Inter „; ,,, ,
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<br /> • • than immediately prior to the wle of the Propeny or its acquisition by I.endee,any Funds held by l.ender at the time of -��'',A}r.`.,;.-
<br /> ::��� •••' '� applipition as a credit against the sums secured by this Security lnstrument. _
<br /> .° �.+��:�":� '� 3. Appllcdlaa ot P�yaKats. Unless applicable lea provida othenvise.n��paYments received by I.eader under - L;�.
<br /> - ' !�'�',•:,:• puagraphs I and 2 shall be applied:flrst,to late charges due uoder the Note;second,to prepayment charges due under the
<br /> ' �'�r!'•1, " Note;third.to amounts payable under paragraph 2;Pourth.to interest due;and las�,to principal due. � �'^:�
<br /> ; ,. 4, C1urQe�Uens, Bottower shall pay all taxes,assessments,charges,flnes and impasitions attributable to the �1::}�.
<br /> ' „ ° ,.,,.., • PropeRy which moy att�in priority,over this Security Instrument, nnd leasehold payments or ground rents, iP any. •� � �� ' ����;h;Y.
<br /> . ,,. ; : Eorrower sholl pay these obligations in the manner pravided in paragrnph 2.or if not paid in that maaner.Bnrrower shall �.�M ik•y�.,,. � f��i•
<br /> pay thcm on time di�xtly to thc person owed payment.Borrower shall pramptly Purnish to I.ender all notices of amouMs ► � - ` ,�'�'..' . . f
<br /> �.�'�' :�.' �' to be paid under this paragmph.!f 9orrowcr makes these payments directly,Horrower shall promptly furnish to Lrnder �i�'•+tii;
<br /> ��� i�+�.�:s„li�. �' i
<br /> ' . receipts evidencing the payments. � ��
<br /> ° � . Borrower shull p�omptly discharge any lien wbich has priority av�r this Secucitv E�naener•s��r.•;un�ss Borrower(a1 , •.;• �``` �� �;�: 5 .
<br /> ' �'» >' ,,.•.;:�. ., agrees in writing to the payment oP the obligation secured by the lien in a manner acceptab�e e�*tl.��¢�es:i'��contes�s�n Bood r_ + � ,•,;:,.,�,�..••-
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<br /> � •�:• . faith the lien by,ar dcfcnds ogainst enPorcement oPthe lien in, IegA!proceedings whic4e irt�ihe 1.ecr.teT s^npinian op�rate to �.,.;:�:'}�, 7F�`4; rrj����:v,:
<br /> ��.' �`�� ' ' prevent the enforcement of the lien or forfeiwre oP uny part of the Prapeny;or(c)�a�s�����a����'���nh2 ewn an �,�, .�.,,,y��,����,�t��
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<br /> E" ' ugreement satisfactory to I.cnder subordinnting the lien to this Security Instrumem. �E4.en��rr d�etr�nuxes that per.e rt of � � .k�;,�1:
<br /> � ' ' the Aroperty is subject to a lien which may attain priority over this Security Instrument, Lender ann•give Borrower n .':'v;;�;� '�'���rf��t�`�
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<br /> ' notice identifj�ing the lien.Dorrower shall satisfy the lien or take one or more of the actions set fonC+ubove within l0 days �.,, , t,: :' ���i;yu;,�
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<br /> ofthegivingofnotice. •. �• -------
<br /> . •i?"''��1�•1 �;�''.' S. Ha�rd le:urance. Borcawer shAll keep the improvements now existing or hereaFter crected on the Propehy _ •��_.�*^�_—
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<br /> . , � ��:..,�,,. ,' insured against Inss by Bre,hauirds included within Ihe term"extended coverage"und any other hazards for which Lender ; _='�-`
<br /> au
<br /> ' . �;:t+�� '•'���,,���� : roquires insurance. This insurAnce shall be maintuined in the amounts nnd for the periods tha� Lender requires, The .�s___
<br /> ' � `�`ii��y�t'�"5��''• insurnnce camer providing the insurnnce shall be chosen by Horcower subject �o Lender's approvul which shall not be •�
<br /> ;•w� +���a, , Y ��`��.�ut��
<br /> � •;:,';ni.���;f��,!;_�„. unreasonably withheld. , �. .
<br /> :�. ,-�1:�;;,;.,;`iy, .�, All insurance policies nnd renewols shall be acceptable lo Lende�and shul) include A standard mortgage clause. ' • ,�:• . .
<br /> :'c,�j'��'``c:,��!�,, I.ender shall hnve the right to hold the policies nnd renewals.1f'Lender requires,Bcxrower shall promptly give to Lender +I,�M-4�=-
<br /> . " � �._ �t•ri•...'.s .. . . � '-n ---
<br /> ,��.,.;•" all receipts of paid premiums ond renewal notices.ln the��ent af loss,Borcower sholl give prompt notice�o the msu�ance • 'r�;i:.'�'�ft� `�,7C�.
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<br /> � s � ��.. .• f� cnrrier ond Lender.Lender may make pn►af of kns if na�a�e promptly by Borrower. „ ,x.��,., ,.��
<br /> Unless l.ender und Borrower otherwise agr��r in w rit+ng,insur�nce praceeds shall be applied to restoration or rep�ir , T-,-
<br /> i� . , oi Ihe Propeny damaged,if the restorution or repair is economically feasible and Lender'z securi�y is not lessened.lf th� `t��,+��.�^.'!;
<br /> r,. � ;:i
<br /> � � ,�.t;..+-' •- restoration ur repair is not er.^nomically feasible o�l.rndrr's secunty would be lessened, the insurance proceeds shall be ';:. �';`,;�•�
<br /> '•'�''�Y . applied to the sums secured E*2, tMs Security Instrument, xhe�her or not then due.with uny eacess paid to Borrowe�. If � `'•�_'
<br /> � '��::�!�
<br /> " 8orrower nbandons the Proprtty.or does nc►t answrr a��d�en ?0 days n notice from Lendcr�hut the insurence carrier has
<br /> . � � ofPered ta seule a claim,then Lender may m96�t the iosur:�nre proceeds.Lender may use the proceedc to repair or restore i �. �•`���.�'�
<br /> the Propeny r�r 1��a�suma secured by thi�Serunty Instrumen�.Whe:the�or not then due.The?0-day period will begin 4
<br /> , . . whrn tMr aare�:t i•r itan. ` .
<br /> „irf;,;;:;:f-� 1.'t�pt�c Q,em�3�rr nnd Bt�cr„�aer othenvise agree m a Rdtm�.ar,y u+�Fl i.aaion of pruceeds a�pnncipal shall no�extend or ,
<br /> � �'�• "' » tlMr d�xr�t¢of th�e arw�n�::�aly payments reierrrd a��ir.ruca�tra}�'h�1 and��r�te�nge the amount of�he payments.lf
<br /> ' _:.`,`;(. �''11;;i*i`}}± �� �� '
<br /> �'�� ,y unQse�paragra,�9a�'�1he Pto�erey�s ucqui�ed by Lendzr.�•er��wer'{�gh,�s ar.�in�aza�re�x�l��irs and pracYds r�cKUlting
<br /> ���:'+' ��,.
<br /> . �"� + •�.�•, from damage n�.�:�h e Propeny pria�to the acq�i�uNm tih�l6 ra:��a�Le2urr t.�aB�r txa�e��nf the.umc secured l��•thi�5��ntY 1 .
<br /> ��';. ���:,Sr� i��:i;;r_,1y..j , # Instrument moeacr�ieately pnor to the arqui.ninn. r ' . .
<br /> ;'��`••�'•'•�`•� 6. Pn�erraNan a�d�faintenance of Property;l.easeholds. H�.;-r,axe,+�:a�t not dr�in•�.damag<or�ubstant�alh•
<br /> ' '" ���'`�`''"��'• chan�t�he Propert��.al<<.w t3�K Property ro deteno�ate�r cc�mmit Nast�. If�P�c.:���:ar�i�� Instrument is an a Ir�sehold. :
<br /> :':�,
<br /> :;' ' ' ' ; ;'�I;:;:: 8.xr�wet shali comply wn6 ahr p�ov�sions i�f�he Ir�ir.a�d it'��rrow•er a:yuarr•i��c r:.c�o the Propert}•.�he le;�.ehold�ncD � �
<br /> � fee Ink St+nQ��c rr�erge untesa Lender agrees to the mrrger m a nnng
<br /> ' � � 7. PraRection ot I.ender's RiRhts ia �be Prapeny: �1on� Imsaraace. If Borrc►w�r f�ils lo perform thr �,' � '.''�
<br /> • - oovec�ae�rs art�ctt�greements a�nt��ned�n th�a Secunt} Imtrurt�ent.oQ et4�ee�•�.a Iz¢at pnxcedm�t@���ma>Sigmficantly aRect '
<br /> � __�._ :_ .�_ n....._�...�.....�.�.� .nr.w�rwl�eo rt YbRI(fttRi��. Dr(�J�LC.Et�f il�tld�'R111�CNN1(N 1(�MfOK! I�M�I�f , •
<br /> � � _._-'_-- - '
<br /> . . .. LCGYCi i n6�ua n� u�� •...��...; ...�..�._r-� ---- c .
<br /> �' � regulationsl,then Lender may do snd p•ry for w h�rr��r n na�e«arc la prulert t P�e��Iue of the Pmprm and Len�:rr"�c nghts
<br /> m thr P�operty. Lender'��c�i�m�ma}�inrlude p�}rr�g an>•wm+.�wurcd M•a �c�a �h��h h.►+�+rku�c� �nrr ehn 5rcuntp
<br /> Instrumenl,ap�nng m�roun,pa�•�ng rea+unable�tto�ne}•s' fer�and entermg an the Pr�.pettr ro male repatr�.Atthougft
<br /> ' . Lender may take acuon undrr th�.�ragraph 7.Lender does nut hu�e to du�u. �
<br /> Any amount�d�sbursrd M l.endrr unJer�hiti paragraph 7�hall txtiame addnionul JeM af Bcxraw�er�ured b��h«
<br /> Secunty Instrumen�.Unle�s&ttrowrr unJ Lender agree taotMer trrm���f pa}�ment.�he.e�moun�s�hall bear in�err+�frnm
<br /> the date of d�sburxment at �he Natc rate and�hall be pa>•rhle. wi�h �ntrre.�. uFxm notice from Lrnder ti�&�rrna•rr
<br /> • roquat�ng payment.
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