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<br /> �M�VEN1 10r101NOr i�d I.+I��f 00'YM��1� t�/OIIONf: _
<br /> 1. �y�M��Ya�M'�Mj�MI��'��. HOfMM�Cf����►�►M�MI�10 "
<br /> i�pri�eipd ot tad iiMetat m the debt eVida�ced by t6e Na1e ufd a�y prep�ymeet�ad Lle dur�a due uedc�tbe NaM. .
<br /> �. !'�i 11�Tsa��i I�a�oe. Subjact a�ppik�bie laa ae b�wriqeN w�Iver by Le�d�t.!'lort�ewwr aWl
<br /> ,-�-�,� _ py Ro L�ad�au the d�y utaatWY P�Ya�s are due uade�the Nofe. wiW die Nate i�p�W in 1W1,R wm(•'Pnndi�•) Ict:
<br /> (�I l�y f�°+�d wa�wbic6 m�y awiu prior�ryr ovet d�is Seeu�ity In�rumeet n�11en un die�n�(b)�arly -
<br /> Nwlidd P�X�a{roun�raot�oo t6o Prapecty.it�oy: (o)yarfy h�z�cd or prnpe�ty imur�moe� .(dl�tly
<br /> :ood iea�nqoe Pnamiuons.if�nY:(e)Yeuly mo�t�e fawraooe pramivaas.lf aay:and(4 auY�p�Y+��+Y�*'�'�"«
<br /> w�etle�.W aocard�aoe wkh die provLioos af p�r�ra�ph i. in Iku of t4e p�yateat of aiortp�o iawnaoe p+emiwa�.'I'we�e
<br /> ilems�re��lled"F�crow It�."l.aider atay.�t any time,odlect ad hold Fuac4!n aa�mow►t aot to e��eed tUa m�xim� ,
<br /> �mouat�leeder fa�tocknU9 ml�ted nwrt�e lan auY raNi�e for Bormwor's eurow accaunt wK1aK 1be tedetd Ral
<br /> g�raoe Seulat�eat proadura Act of 1974 as naended from dme to dmo. lZ U.S.C. ;2601 a aeq. ("R6SPA"1.unk� .
<br /> aoolher IaM thtt applia W tho,�unds sets a laser�a�auat. If�o.Lender nwy.u aoy dwo.cdfoct aod 6old Fuab ia ao
<br /> amouat aat to esaeed the teber�mount. l�ender may atlma�e tbe�mouot of Fwds doa�oa tbe b�4 ot cumeat dMa�sd
<br /> ra�oo�hie�of expeodidue�of fLture F.scrow Ikms or c�6aivvi�e in�000rd�aoa witb p� law.
<br /> •�: Tbe Funds�hall be held•in�n itMtitwioi��+6ae depodb ue inarad by�tedor�l�e1wY�3��n1itY.a�YY
<br /> a�=+�- (includi�l.eadcr,if Lendar i�eucb an iratitutiaa)a !n wy Fedeal Home La�o Haok.l.ender�Il�pply tf�Flwdt�o
<br /> �`' p�y t6e Facraw Itan�.Lender may aat chvge Borrvw�er far holdin8�+PP�Y�B��+��Y�Y�tbe e�cmw
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<br /> ; ,''.�—_--=,�- ---- -, �000uat.a veri(ying the Pscrow Itmu.wdas Le�det pAya 8omower inoea�t an the F�mds aad Applk�ble IRw perw3o►
<br /> �,,• , to mal�a wch a chuge.However, I.ender m�►y requiro 8or�mwer w py�ooe-dma ch�rge for an fodepmdeot real esia�e
<br /> x.��_;;. savloe u�ed by I.a�der in cooaoction wlth ttds law,anle�appdaable 4w pravWa at6awi�e.Uaien aa a�eeo�eut
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<br /> .:;r';;.t� i�m�de m opplicable uw requires iate�+at w bo psld,I..eader tlull not bo rcquirod to pry Hott+ower aa�r 1n�eteR or arnin�
<br /> .. �. aa tbe Fuada.Borto-w-e(,-and Lender.nwy a�roe in writiag�however.dwt in0e�t W►aU bo paid an d►e FUnds.I�nder s6a11
<br />;r� : Qive W Barrower.w����.�+�n aaaual a000u�in8 of tbe Fuad�,ahovving credita�uad debits to the�aod ti�e p�upae
<br /> �''. ."�k`j:; fdt'which eac6 debit to the Fuad�waa m�de.'I7�e Fund�am plod�od u sddltioa�l tecuclry for aU w�secured by d�Soctaity
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<br /> . •' � Uthe Fuaa,hew by I�dcr azoeea tde a�a�pe�ea b be n�w by�p�iabl�kw,i.ader�1 aco�w Hon�o�wrcr .
<br /> ' '�+� ,, �y� . for tho exaa�PMnda'in accbrd�aoe with t6e f�irEateiu4 of�pplicable law.If tbe araomit of the Fu�Wa beld by l�ender at
<br /> - �'r '4�y:�.'*:• .; . aq�t t�ae d�not wf�iaieat to pay the E.gcmrw•ItcaAS when dde.Lendar a�y fo uatlfy'Horrowar Ie�wtNin�,aad+�fn�a•a�
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<br /> - �,,, .fs a��th,u p�y to knder the amou�u�aoc��nr to o++�•�P the aefla�ea�►.Borrowa�nu.nuka ua we.aer�loAOy in
<br /> � `_'� ao mote da�.t�lvr�uwntblY P�Y�R�l.•�l+�!��s sok discretion.
<br /> < �'�'� .• �;-: •; UP� P�Y�in fWl of all sums secuad by this Secutity Inaaumem� l�ender dwll prompiy reiunci tv Horrower
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<br /> ' ;;;,�.; ..�.n..� :.ir.._:. .. an�Fw�s beJ�¢y 1.ender.If�under paraBraPfi 2.#.Le�der,ohall acquire or sell 1he Prc�orty.Lealer,Prlor w the acquisttioa
<br /> ��'r�.''."��;: ..x:rr. :•�,;':.:'� : ot tale of the p�roperty.ehall apply any Funds li�1d by Leoder�t the Hmo of acquiritioa or sale�s�crcdit a�ai�ua tue wms •
<br />``�..,,� . . �xuied bY thie Security Inatrument. ,
<br />::��';�;:: '. �� ��; Ap��bp ot Pay�eat�. ��lidess applicable law provides otherwise.all paymana received by Lender uader
<br />_�; : . • . ' . p�t�i¢�pfu 9'rnd 2�WI be�pp1iM:firet.to a�Y PnWy�M ehuga due undet the Nde�'stc�ond.W�rtamte PaYable under
<br /> " "� � : � pwra�raph 2; third,to inurcu due;fourth, to principnl due;and I�st. to any l�te chwrgea due urder the Note.
<br />- 4. Chrr�ai Ueu�. Bonower shaU pay all taxes, aasessments.chugcs. fiMS and iroposidons anrlbutable to the
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<br /> _� � property which rtwy aaain priority over this Security Inswment.end leasehold pnyments or graund rcnts,if aay.Bonower
<br /> -- ' � � �l!pay�hese obligations in the manner provided in paragraph 2,or ff not paid in tlut manner. Borrower aiWl p�y them
<br /> - . au t�me direcUy w the person owed payment. Borrower slwll promptly fu,�niah to L.ender aU notices of amounts w be paid _
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<br /> �' ; . . m�der this p�ra�reph.lf Borrower makes these paymerus di�octly�Bortower 4hall prompdy fbmish W La�der rooeiP���R
<br /> , ; .� ,, tbe pyments.
<br /> � ..., Borrower alwll promptly discharge any lien whkh has priority over this Security Inswmant unless Borrower: (a)
<br /> •; . . .:��..,:. y; ��rep in writln�to the payinent of the obligation securcd by 1he lien in a manner acoepl4ble to Lender;(b)contests ia good --
<br /> : ;:r�::, fdd�the Ika by, or defends against enforcement of the lien in,leg�i proceedings which in�Ixrnier's upinion operate w
<br /> , � .,,. �'�;:�,�',, ' prevent the enforcement of the lien;or(c)secures from 1he holdet of the Ikn an agreement satisfoctory w Lendor subor- _
<br /> ; ` " diaat�ng t6e llen to this Socuriry Inswment. If L.ender determines that any pprt of the Propecty j�subjoct to a liea which
<br /> uwy uWn prforlty over this Secur�ty Instrument, I.ender may glve Bortower a notia idendfying the lien. Borrower slWl �-
<br /> '" . :�;,• •� ptiafy tha lien or talce one or more of the acdons sot forth above within 10 days of the giving of aotice.
<br />- ":. .` " '•� S. Hwrd or property Iosurance• Borrowcr shall keep the impmvements now existing or hereafter erected on �'
<br /> � � •; , �he propeRy indure� agejnst lose by fire,hazards included wlthln the term"eatended coverage' and any other hszands. �-
<br /> • t'� ,� iucluding tloads or flaodinY, for which Lender requires insurancc,Thls insurance shall be maintained in the omounts and -
<br />�_ �� � +�%"�+'' �� � � for the pedads thu L.ender requires.The insurance carrier providing the insurana shall be chosen by Borrower subject to
<br /> '" Lender's approval which shall not be unreasoiiably withheld. 1f Borrower fails to maintain covemge describod Above,L.ender �
<br /> ;� may.et Lender's option. obtain covcrpge to protect Lender's rights in the Prdperty in accordance with puagraph 7. �
<br /> ' ` � All insurance po��cies and renewals shall be accepteble to L.ender end shall include a standard mortgage clause.l.ender -
<br />� ��' ahrll have the right to hold the policiex and renewals.If Lender requfres,Borrower shall prompUy give to L.ender ell receipts '
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<br />,:.� . of paid pamiums end renewal notices. In the event of loss, Borcower shall give prompt notice to the insurance carrier and :
<br /> • ' Lender. Lender may make proof of luss if not made promptly by Borrower. .'
<br /> .'' � , ' Unless Lender and 8orrower otherwise agree in writing,insurance ptoceeds sh�ll be applied to restoretion or repair `
<br /> � � , of the Prope�ty damaBed• if the restoration or repair is economically feaslble and Lcnder's security is not lessened. If the I
<br /> � 1 t�estoratioa or rcpair is not economically feasible or Lender's security would be lessenetl,the insurance procoeds shall be 4
<br /> � .,; ,;;�;,J,� �pplkd W the sums secured by this Security Inswment,whether or not then due,with any excess paid to 8orrower.If Borrower
<br />• ' , ab�ndons the Property,or daes not answer within 30 days a notice from Lender that the insurance carrier has oNered to �
<br /> � � � setde a claim,then Lendor may collect the insurance proceeds.l.erxkr may use the proceeds to repair or restore the Roperty '
<br />�� '•' S - or to pay�ums secured by this Securiry Instrument, whe�her or not then due.The 30-dwy period wfU begin when the notice .
<br /> �.:.- �-=-�---- ��........w-._.._.- - ;
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<br /> i, :•+',. ` ,, „���,g��uuA qrrV�wet Qthetwise agree in writing, any application of praceeds to principal shall not extend ,
<br /> � ,' .�" � \���� or�postQone. d � tg o �q�►►o9��Y PgYments refened to in paragmphs I and 2 or change the amount of the pnyments. �
<br /> • ;. :�.� • -- . If unde $1,tfiC �iq acquircd by ixnclrr,&,nower's right w u�iy in�urance pulicies xnd procee�l�resuiting �
<br /> ,,,�.,,;,,,1 � �,���'�rlor-ioa�e ucquisition sh�ll pass to l.ender to 1he extent of the sums secured by this Security
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<br /> Znitrumept imrnedi�tely prior to the acquisition.
<br />� I' � � � �� M►�EN!iLr:..��t'�i_�1a�1��' ,,_ , � :�14 . .•'
<br /> 'i.;+ , `_ . • Fon��Otl 9110 /page 2 oJ 5 page.rl
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