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<br /> - ��-` �, 91- 102184
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<br /> '� "�°''�`'`� UNIPO�tM COY6NANTS. Eiorfower and Lender oovaunt snd a4ra af follows: - -
<br /> �,.�:;� ,�:��; when due
<br /> -���!• l. p��t at pN�cIW�d l�ie�pn�y�p�t�Iate C7�ea, Borrowe�sh�ll pramptly paY
<br /> �, �..,w �• .:.�., tbe pru�cipal oimd intercst on tha debt avidenced by the Note�nd�ny prep�ymmt and I�te ch�raes due under the Nate.
<br /> ° � � • Bf1(�OWCf�M�II MY
<br /> _.�S•����:�„ _. nY�i�tor Tu�e a�i I��v►. Subject ta applicable I�w or to a wrilten w�iver by Lender. °`---
<br /> �.,_
<br /> .'� �;,;:��.�'..- � to Laider on[be day monthly p�ymet►t�+��e due under the Note.until thc Nate is p+�id in full,�sum("Funds")equd�o
<br /> �;,_..n____._ _r- -. �urtw�eltth of(�}yeuly puca�nd assessmrnt� which may atuun prionty over �his Saurily In�trument: (b) Yearly �- - --- -r.--�=__= -
<br /> :.-��} ��. au _
<br /> �•• . - � lasehold p�yma�ts or�round �+ents on the Property. if�ny; (c) yarly hwrd insunnce prcmiums; �nd (d) yesrly _____�
<br /> :. .''"�-''. �� ° mort�e insurmce premium�,ii�y.Thae item:aro called"escrow ilem�."Lender m�y atimate�he Fund�due on the --
<br /> �.•.��'�*�: ba�is oicurnnt d�ta�nd re�soa�ble estim�ta of future escrow items. ___
<br />;�, � � , : � The Fwids alull be hold in�n institution the deposits or ucaum:of which+�re iniu�ed or Quannteed by a Pedenl or _ _
<br /> „ itate�arncy(inciudia�I.endet if Lender is sueh an inctitution). Letider shall apply the Fundi to p*y the acrow items.
<br /> ."' � . � I,ender may not charQe for holdin��nd�pplyiog cl�e Funds,�ndyzing the account or ve�flying the rscrow item:,uolas —___ _ —
<br /> :�� •e :: I.aider pay�Borrowee interat on the Funda�nd applic�ble law permits I.ender to m�ke such a char�e. Borrower�nd �
<br /> . .�. � LenAer may a�roe in rvriting th�t iaterat s4�11 be paud on the Fwads. Unless ao agrament is m�de or spp�ic�ble I�w �'a
<br /> •� _ ;•�• .�::,�`� requira interat w be p*W,l.ender shall aot be required to py Borrower a�y i�tetest or earniags on tbe�'unids. l.cnder ---
<br /> f .' �.�.rry�:�;.t.'. ' ��ve w Borro�ver.iwitbou�ch�r�e.an anaual�oeounpn�oPthe Funds sha�rin`credits aad delwts to Ihe F'unds and the u:=�':�--�—
<br /> :� . purpoie for Mhkh ach debit w tb�e Funds wa�msdt.T�e Fuads are Plodted�s uidition�!security for the aums securod by �'``-.._--_ � _
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<br /> `-°' tl�s Security lauruma�t. �%'�-`--`�=
<br /> � lf We amount of the Funds he0d by Lender,ta�slher with�he Puturc monthly p�yrnmts of Funds psyabk prior ro
<br /> ,7 the due dates af the acrow items,ihall exceed the unount required to pay the escrow items when due,the e�cess siwll be. ---� -
<br /> ' � u Borro�va's aption,either promptly rcpaid to Horrower or crodited to Borrower on�rtonthly payments d Fu�ds.It t1� ' �"�;��
<br /> �� amount of tbe Funds held by Lcnder is not:usicient ta p�y the escrow items when due,Borrower shall p�y to Lender aay ._- ,
<br /> .•(:; aatouat nectss�ry to mal�e up the deflciency in one ar zmare p*yments+►s required by I.ender. ._._:�
<br /> `. '� Upon p�ymcnt in fbl)of aU sums aecured by[his Security laslrumrnt,l.ender shall promptly refund to BoROwe� k�._=
<br /> 's,:�. •. �rt.�
<br /> ' ��' any Funds held by Lmder.If under�uagnph 19 the Property ix sold or acquired by Lender,Lenda s1W1 a ly.no latec . ;
<br /> PP `�'�';�.: �
<br /> .)1�,.:i'; �w.:* ��r -
<br /> '�:(,;. t6�a immadfatdy prior to the sale o6 t�r PropertY or its acquisitian by[.ende�,any Funds heW by Lender�t the time oG '�:,..,.,.'��'"=�;;;;;:. .�
<br /> �,';.' application as a crcdit ag,winsi Iha sums secured by this Security lnsirwment• '`��.-g;:_; ;�:
<br /> ?� .,,f��� 3. ANllca�o�P Paysaee�ts. Unlas applicable I�w protides otherwis..�II p�Ymrnts raxivod by Lender under , �� � �.:
<br /> p�ta�phs 1 and 2 shal�be applisd:Trs�to late charges due undxr t�ae Nate;second,to prepayment chsraa due u�der the `�� , � �
<br /> � � �'� `���'':��' NotC thir+d,to unow�ts WY�bk a�der uagnph 2;fourth.to ioa2mz:z�due;and last,to prin�ipal due. S1-°�i".�,� �
<br /> Y ,r�,::,� 4, �Lie��. 6urso+wa rshdl pay aQ tasa,assessrrremu,ciwrga.fines�nd impositions attribuuble to the ��;�' ,^_�'
<br /> ,�',"' property Mhich m�y aludn pnarity,over this Seeunty Insuumani��nd lauciioid pwymer+is ar grotsnd rrnss. if ar.y. ��'•�'�'�"��
<br /> Horrower sha10 i;r�;,t �n. '
<br /> 8orrcMer shall pay thae obligAtivns in the manne�r�rovlded in puagr�ph 2.or if not paid in tlut manner. , t . . �.
<br /> . , � puy tban on time dirxtDy�to the pe�on owed psyment.Borrower:hall promptly furnish to Lender all notices of amounts ':;�.i� ,� � �•
<br /> • to be paid under this psragrnph.1�D�awer m�kes these p�ymsu¢s dircctly.Borrower sh�ll promptly furnish to Lender �,�� ?.�`;FY'�x.�'j .r ti �
<br /> '���"•.
<br /> • recapt�avidmcing the payments. .' �`�..�?;; E.,,,;,�' '
<br /> << •�; , Horrowec slull prompdy di�charge any lirn which tua priorilv over this Secunty lnstrument unlas Borrower:qAd .• � .� , ,
<br /> {�����,,� ��ep in writin4 to the payment oPthe obligation secured by the lien in a manner acceptable to Lender;(b)contats in goac� ,.. . ''�'G'�'� :
<br /> ' faith the lien by,or ddends against eniorcement of the lim in,legal proceedings which in the Lender's opinion operate ta 1.- , . - ����v�_.��
<br /> � pnwent the enforcement oF the lirn or forfeiture of any part of the Properiy:or (c)secura from the holder of the lier an �;.. '�.>__�•r
<br /> ' .,�5!�-� agroement sacisfictory to I.ender subordinating the lirn to t6is Security lnstrument.If Lender determines that any pan oG �,`,. , ,:+j���_-
<br /> .��N.-,
<br /> , � , �c�, ;� �be property is tubject to a lien which may attain priority over thia Security Instrument, Lender may give Barrower A ;` �!.+
<br /> notice ident�fying the lien.Borrower ahdl satufy the lien or talce one or more oP the actions set fonh above within 10 days .,•� �.�..,,�. .,
<br /> � � .,. of the�ivfng uPnotice. �� � •
<br /> . •� .- s, H�ard Inwnoce. Borrower shall kap the improvementa now existing or hereaRer e�ected on she Property ,, ��;
<br /> '. ;�,„ insurod againat toss by Rrc,hazards included within the term"extended coverage"and eny other hanrds fc�n v��hich Lender , .
<br /> � � , • „:;�,�,, raquircs dasarance•This insunnce s h a l l b e m a intain e d in t h e am o u n t s o n d f o r t h e p e r i o d s t hat Lend�et r e quircs. The , •
<br /> insurance ravrler providing the insurance shall be chosen by Borcuwer subject to Lender's approv�whith shall not be � •�����'�t ••+,'�,ti
<br /> � . . ' unrcawnab7y aithheld. � � . � '
<br /> �� .``.` w�'ti
<br /> All insurana hcies and renewals shsU be acce table to L.ender a�d sholl include a standard mon e clause. y . � •�`•��'a'����
<br /> • p S�B , �:.s�,�.io...l.;�
<br /> �).�._ • . � , po . .
<br /> �%t.�� " Lrnder sh�ll luve the right to hold the policies and renewals.If Lender requires.Borrower shall prompta}gave to Lender ;;,, , , ,
<br /> all receipu of prid prcmiums and renewal notices.ln the event of loss,Borrower shall give prompt notice to the in:urance •''�"' '' .,����'
<br /> . ,, r�'
<br /> 6 . , carrier and Lr�det.l.eader msy maEce proof of loss if not made promptly by Borrower. +�' ,:":,"' " '
<br /> G•. -
<br /> ' � �.�t�'�� U�less Le��Ber and Borrower o�herwise agree in writing,insurance proceeds shol)be applied lo restontion or repair 3;,�.• ,'�,.:..,,'
<br /> �;-�;11:,, ., ;;�;,���:;�}�'1; ,. of the Property damnged,if the restoration or repair is xonomicalDy feasible and Lender's security is not lessened.If the •
<br /> :�� ,l�:•':''••• ' �•'•�;''• ' restora�ion pr repair is not ecanomiplly kasible or Lender's security would t�e lessened.the insunncx proceeds shall be ,
<br /> "� �''� -�-•'�'''':���''���'F��'� app0ied to the sums secured by this Security Instrurnrnt,whether or not then due, with any eacas paid to Borcower.If
<br /> 1'; �.',(.�,��;�•,,
<br />' ';�, , ,;;..�.�,,_�,� Borrower abantlons the Propem.c�r daes not�nswR�witbeo 3�days a notice from Lender that the insurance camer has +' ;�..,.
<br /> 'i� � ',• � ' o6ere�R�o seitile a cloim.then LendeP rrauy collect the insu►ance�pea�ceeds.Lender mey usr,the proceeds to ropair or ratore �, ,�`. . .,
<br /> ; :�S'r:`'•" � . .•` .
<br /> , t0u Praperty ur to pay sums secured d�this Secunay Imsorumec:n,whether or not then due.The 30-day penod will beg�o
<br /> whenthenotiais girm. ���:'�'•�;'�:�
<br /> ',•�" t.•i',;'...•;�
<br /> . !; ,;:��,. , , Unless Lender and Borrower otherwise agree ia writing,any app6cauon of pnxeeds ta pnncipal shell not extend or ''��,.�r�,,,-f
<br /> ,,.;,�.,..,,z
<br /> •,':'.� �r;:. ��r��',�,_;���;�.. pcutpoRe Ehe due date of the monthly payments referced to in p�r�graphs I and 2 or rhpnge the amount of the paymants.lf • •, ;,
<br /> ' '�','�; ;!: +i`�:;`.: .,};;'`, s°'`' under pacsgeaph 19 the Property is acquired by Lender,Borrowrer's ngh�to any insurance polrcies and prcxeeds resulting �'� •�'�'��
<br /> f,.�ti,.,�,,��,�. ..,,
<br /> ,•;�;,:�,.�;�;;�:, ,;� •,�i�:;., ;�', from dav�nage to the Propeny pnor to the acquisition shall pass u�Lender to the extent of�he sums secured by this Secunty ,
<br />``�. , ' ��•r .;;.t�_� '`•�t,Il� lnattumea�t immedi�tely prior to the acquisition.
<br /> �',:-� ,�,,.� � 6, Presen�Non�nd Moiatea�nce otProperW;Leasehn�ds. Borrower shall not destroy,damage or substantially
<br /> � � chaa�ge Alhe Property,allow the Property to detenorate or commit waste. If this Secun�} Instrument�s an a leasehold,
<br /> .�----�..._.:....�___.....:..«.,.nti.�..a. ..,.��f finnnvirr acnuves fee t�tk to tht ProDeRV.lht ka5ehold�d
<br />. .. _r-.-.- . � OV�'tYM'�Y�W11dJU1�A� ww�u��p�v..�.....�.........�..�._.._..__. .
<br /> fa tiok s��➢t not merge unless Lender agrees�o the merger m wnnng.
<br /> i. Protection of Lender's Rights in the Property; Mortpge Insunnce. I(�Borrower fa�ls to perform �he
<br /> . + covettants utd�greements contamed m this Secunty Instrument,or therc is a legal proceed�ng tFrat aiay srgrt�ftcantly�ffect
<br /> � Lmder's rigifts in t[te Propeny (sueh as a proceeding in b�nkruptcy, probate, for condemrtatcon or ru anforce laws or
<br /> re�ulatioiu).thea I.erteter may do and pay for whatever is necessary to protect the��alue of�he Property and Lender's nghts
<br /> , in e�e Ptoperty. a.ercder's act�ons may mclude paying any sums secured ba•a lien vrha:h hu pnonty over th�s Secunty
<br /> . •` � I�t,appeanng in court,pay�ng reasonable attorneyY fees and entenng on the Property to make repa�rs.Although
<br /> • a . , � Leader may take action under rliis p+�cagraph 7.L,ender does nat have to do w
<br /> , � . , Any amounta disbursed by Lender under rliis paragraph y sh�ll ba:ome addrt�onal debt of Borrower cecured by this
<br /> , � Security lnstrumem.Unless Borrower and Lmder agret to other terms of p�yment,these amounts shall bear mterest from
<br /> U�e date of disbursemen� at the Note rate and shall be payable, wuh mtercst. upon nonce from Lender to Borrower
<br /> raquating payment. ,
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