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<br /> --� ._�...�Y._:.�.� . - 91 1U217'7
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<br /> . ' � ;. ;.;,• „ UNIFORM COVENANTS• Borfowu u1d Leader covefunt and�g�ee a�Pollows:
<br /> ' 'x 1. Pay�f of P►l�ci/d a�d i��PrtOalnreat�d l.ab G'6a�es. Honower shall promptlY psY when due
<br /> — � -� the principal of and interest on the debt evidenced by the Note and any prepiymrnt and late chugesdue under the Note.
<br /> � • 2. Fu�+t tarTues�d I�sunace. Subject to applicable law or to a wntten waiver by L en dar.Borrower shall p�y
<br /> .�.- ` «_• � to I.endet an the d�y monthly payments ue due under the Note,until the Note is p�id in full,a�um("Funds")oqwl to
<br /> ---- .- . „ �;• one-tweliih of: (a}yer+dy taxa and assasmtnts which m�y �ttsin prionty over this Security Instrument (b) Yarly -_ _ --
<br /> — , . .. �• -�,-____..__..�
<br /> •�• •^ laselwld paymenu or�round rcnts on the Property,if any;(c) yauly hazard insurmce premiums; �nd (d) ya�ly
<br /> --- , . ��' mortga�e insurance premiums.if any.Thae items�re alled"acrow items."Lender may es�imste the Fuads due on ttu — _
<br /> �. ' bssi:of'current dau and reaion�ble estimsta oFfuture acrow items. __ �'-'
<br /> The Funds shsl)be held in an institutian Ihe deposits or�ccounis of which are insurcd or Quaranteed by a kdenl or _
<br /> . state��ency(including Lender if l.ender is such an inslitutian).L,ender shall apply the Funds �o pay the escrow items. ___
<br /> ',`%,':rt'�-�;',i'r� . Lender m�y not clurge for holdin�snd applyin$tbe Funds.�lyzing the xccaunt or veriiying the escrow items.unkss —�--
<br /> ���'s'j' ��''�i''� '� Lender ys Hocrower interat on the Furtds�nd appliaibk 4w permits l.ender to malce such�charge. �anower and = - _
<br /> . .��;t;,+F:..,��.,r,,..,�'S M .�
<br /> ,� :t''.�• '' � l,ender m�y agree in writing that interat:hall be p�id an the Funds. Unle:ss an Agreement is madc ar Applicabk Isw
<br /> �1,� �` • � requires intercat 4o be p+�id,l.ender shall not be roquireA to p�y 8arrower any interat ar eamings on t he Fa n d s.L e.m d er ____
<br />,'+"' �•, � . �.•..: stull�iva to Bor�res.without charge,an�nnu�l aocounting c�f'the Funds shawing crediu and deEits to the Funds and the „��;
<br /> i�• purpose for Which e�A debit to the Funds was m�de.The Funds ue plod�ed as addilional security for the sums secured by "�;rr_y
<br /> '..! � ��Lcu C':.��:.K7Xa_---- _'._.
<br /> �• - Nlli�Ri{��'��• -
<br /> „� � ' � if tbe amiouaa�ehe Funds held by Lender.together with the future mamhly paymenti ol'Funds psyabk prior to ��+�!�_
<br /> {f1Q.f
<br /> -•� . - ' the due d�tc►oP t�e esc�row it�ms,shnll excood the amount re�uired!o puy the acrow items when due,lhe excas shall be, _
<br /> . •• ' at Borroaer's opti�n,either promptly rep�id to Banower or creditod to Barrower oo monthly p�yments of Funds.IP the ��-_
<br /> � � � , amount ot the�ua�s Q�e1tB!�y L.ender i:not sutHcient to pay the acrow items when due.Borrowet shall pay to 4ender any �_��1�='_�
<br />�` ' . �.`•���:�s;`s amoua4 n�ry to eaws.e up the de8ciency in one or more payments as roquiral by I.ender. � "' ,��.`:
<br /> �� � �',� " 'r^ `��1 Upan paytnaatc iu•Pull of al)suma sxured by this Security Insuument.Lender shall ptomptly rePund to Horrawer y�� 1}�f�'������
<br /> �y1'4 !T/If;..•"
<br /> �.'�f� �. �,.;.i:��.'r.;.:� . :1.°,',_Yr"" .
<br /> ' . '; i �� ,�� , ° �ny Funds held!+y Le�da�.Di'under prragraph 19 the Property is sold ar acquired by i.ender,Lender shsll Apply,no later , -
<br /> �' ',�1:�'��� �', I�,��'�'�`7 tlun immediately prie�r ta Ihe sale of the Propeny or ite acqui:ition by Lender,any Funds held by I.ender at the time of � �� �
<br /> .::,''�;�. ..
<br /> ' ' �:i.:,t., '��
<br /> ' '. ;,,., r. �pplication as a crMi2 against the sums sxured by this Sxurity lnatrument.
<br /> �' • ;';'pl;:�„: a� APp�(piqup oy�,j•uien�y. Unless applicable law provides othenvise, s�ll payments received by Lender under _ .�''
<br />. . ,„` � •:. , ..:.:;.� ui
<br /> ' „• � ,,.;:�4';;,,�.;: puagr�phs 1 and 2 shall t*e applied:8nt.to late charga due under the Note;sacond,to prepayment clurga due under the ��
<br /> + `'•��Y:": � � N third,to pmounu ble under pu�graph 2;fouRh,to inlerest due;And Inst.to principd due. � �:?y"r`•'��•.
<br /> ;"'}Sf�'`';� � �,'� � 4, �eR 1.ie�s��Borrower shdl p�y all taaes.assessmentc,aharges,flnes and imposilia�s attribut�bk to the x,:�7���'''
<br /> � '_ 4^,.t�;�..T.-..��, �:1L,..�.��. �'
<br /> � - :.:,;;r—'-,.-t--- -- gres�..-riy alticls nuey as�a:^�arisy,over th'ss Securily lnstn�men�, and leasehold payments or Sround remts, if any. � • ,���-
<br /> ���,��''•� - � '•+•� BorroMe�:h�U pay these abNg�tionr in the manner providod i�puragraph 2,or if nat paid in that manner,Horrower shall F>��". • •�.. . .
<br /> .5.. .;,, ;�;,�.
<br /> � � � .; �, �r .'. . p�y them on time directly to thc person owed poymrnt.Bonower shall pramptly furnish to Lender all notices of amounta + "
<br /> ' ' '•'�''��'�; � to be paid under thie ta h.If Borrower malca these yromts di�ecUy,Borrower shall promptly furnish to l.ender �.:_,.�.�,, �.
<br /> .i'� P� $�P P� ` :� , ' �.
<br /> ��' ' � reoeipuevidrnciogthepayments. � � • ,�,• ..,� .
<br /> � �ys?l „ Borrower ehall promptly discharge any lien which has prie�ri�y over this Security Ina�rurnent unless Borroaer.(a) � • ����C r, ��
<br /> .�..•� . .�,i'.
<br /> •grroa in writing to t@ae pAyment of the obligatian socurad by the lien in a manner acceptable to Lender;(b)contests in goad � 1 f� 1;
<br /> B
<br /> fiith the lien by.or dxfenda ag�inst enforament of the lien in.legal proceedings which in the Lender's opinion operate to ��`-:- �-�-
<br /> �' :.:,.,:��:..
<br /> ' - „ . prevent the enforcement of the lien or forfeiturc of any part of the Property;or(c)secures from the holder of the Uen an , ._
<br /> , agroemrnt caqsfrtctory to Letider subordiruting the lien to this Security lnstrument.lf Lender determines that any part of , ��,��
<br /> Let -
<br /> :y;,; the Property is subjrc�to�lien which mpy attuin priority over this Security Instrumrnt. Lender mwy give Borrower a • !���;.:
<br /> �•�,:,. . . r.'• i,`ti':��;'>
<br /> � �r,.,,.,�; . notia identifying the lien.Borrower shall catisfy the lim or take one or more aq the nctions set forth above within 10 days •; , ,...�.._.,
<br /> oftAe v�n oPnotica ���, . ;;:��;
<br /> ,;;�.,. • ; . � :;; ::
<br /> ,�r'•�?'.., � . •�. S. Hf�sstd Inaurpnce. Banawer shall keep thc improvements n,a•raisting ar hts�Rcr erected on the Propeny . ^:,,;�s�,;':,
<br /> ''�` �• `'�''�'1�`�'�'`" insurod a ga+ns!]oss b y fire,hazar•ds inc1uded within the term"ealended coverage"and ao�y other hozordc for which Lcndcr � �
<br /> , .. ,, r..,�,.;....:, ', ,�,,; . .
<br /> �, �.�.�' rf.�.;,r;;.;�,!�,, requires insurance. Tiiis insurunce shall be maim�ined in t�he amounts an d for t he �.+er+n ds t t�t l.e n d e r r e q u i r e s.T h e ; ,, .
<br /> . };�l�t,, , ���! y � �,p I , �,.. . �V,a�
<br /> insurance camer providing the insunnce sh�ll be chosen b �iOrroaer sub'ect to kndeP's p ra��al which shall not be t=,.;r.,
<br /> 't ���„j;� . unre�onablywithhei�l. + ����,
<br /> , . All insurance policies and rrnewals shall be acceptAble to Lender and shall include a s��ndatd mortgage clause.
<br /> Lender th�ll have the righl to hold the policia and renewafs. If Lender requires, Borrawer shafl promptiy give to Lender i •
<br /> � all receipts of paid premiums and renewal notices.In the even�of loss,Borrower shaU g3tie prompt notice to the insurance : .
<br /> .� S' � ' � curier and Lender.Lender may make praof of loss if nat made promptly by Borrower. � , ,1.`�:."
<br /> � ., ,•;;�'<;•<.;"', � ' Unless l.ender and Borrower otherwise egra in writing,msurance proceeds sha�f be appl+ed to restoration or repair '
<br /> ' '` "�'• of'the Property darn�ged.if the ratoration or repair is economically kasible and lender's ucurity is not lessened. If the
<br /> �:i .�� .y.
<br /> r �'r':s'�.�,;,;�'',,,., a��lied to the sums saurad b this 5ecuntyln'trume t�whe h r otr not the due�w�an excessnc id to Borr we'r.If ',
<br /> (,� �.� ,.; Y Pa '•`
<br /> { i. '�•�� �:('�.;;` Hoprrower abandons tbe Propeny,or does not answer within 30 days a notice from Ix�der�hat the insurance carrier has � ,
<br /> ;, � • offead to settle a clanm,thm Lender may collect the�nsurance proceeds.Lender may use t he proceeds to repair or ratore
<br /> ' '�.'�. the Ptopeny o�to pny sums securcd by this Sec�:rity Instrument, whether or not then due.The��-day periad wi��beB��
<br /> when the natice is go�en.
<br /> � L'n0ess L.endecmd Borrower othenwse agra in wn�mR.any applicaa�nn nf procetds to pnncipal shall not exteod or
<br /> paat�oae the d�e daae of the monthly paymen�s referred to in�aragcaphs 1 and 2 or change tF.e amount of the payments.9f . .
<br /> ; � under p�ragra�pP�i9 ahe Property is acqwred by Lender.Borrswer's nght to am �nsura�nce policia and proceeds resuls�ng � ',;: �
<br /> � ,. from damage to c:he Property pnor to the arqws�aun sbaU pass co Lender����he enaem of�he sums securcd by this Secarny �,:.�.•;
<br /> ,��4 ; � �' Instrument immed�anely pnorto thencquisiaon ,.' � , � ','� ;.
<br /> I 6. Prsienaxiian and Mdnten�nce ot ProOer�;[.easeholds. Borru�er ahall not destroy,ds�mage or substantially � '
<br /> change the Pro�xrty,ollow the Property to delenorate ar commn waste. 1f th�s Secunty Instrument �s on a leasehold.
<br /> . _ l Borcower shall comply with the provisions of�he le�se,and d 8orrower acqu�rrs fee utle to the Propeny,the leasehold and
<br /> � �� ' fa title sha{{nat merge unless Lender agrees�u the merger m wnt�ng
<br /> � T. Protatioo ot Lende�'s Righu in the 1'roperty: �fortpaiRs I�e. If Barrower fads to perform the
<br /> , covenants and agcoernentscontained m this Securny Instrument,or�Aere«a kga!pmreed�ng t h�t may signiRcantly alfect
<br /> ' � Lender'c nghts�n the Propeny (such As a proceed�ng�n bankruptcy, probate, for condemnation or to enforce laws or
<br /> � regulations),then Lender may do and pay for whatever�s necessary to protect the value uf�he Prupeny and Lender'r nghts
<br /> � in the Propeny. Lender's uuons may mclude paying any sums secured by a lien whuh has pnoniy over th�s�ecunly
<br /> � Insttument,appanng�n coun,paymg reasanable attorneys'fees and enlenng on the Propeny to make repa�n Although
<br /> � Lender may tokeactian under t���s paragroph 7.l.ender does no�have to do su
<br /> Any amounts disbursed by Lender under this paagraph 7�hall become addiuunal deht a�f Borrower socured by this
<br /> - Secunty Instrurnent.Unless Borrower and Lender aRree�o other terms af paymen�.the�e amounts�hall txar�ntera�from
<br /> , the date of disbursement at the Note r�te +nd �hall be payable. Knh mterest. upcm nouce from Lender �c� ti��rrawer
<br /> requestin�payment.
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