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<br /> � i � „�+0� 087jHISR'1VCCti atl the lmprov�num�now or horcanei ctccted 4��e propcny,end dl eAaeminl8;epDurtehusgee,� ° `
<br /> u�d Axwru pow oe haeallu a part gt,mo pmeeny. A11 rcplaamene(and addUlom aheil a4S 6o covirea by►�I�S�udry
<br /> -�Ini}�unj�,-Alle►Ihatorogol�gU�?Co}rcritoln�hlaBecudtylmuumenteetho"Projh,tty." . ._
<br /> qORROW8t10QWNANPB tAut IIortottcr ia lawNily KIsW ot�e estato hettby convoyM and(uu�ho A$At to grent ' �
<br /> arW oonvey tha Prop�ty md�hst tho Propeny i�uncncutnberc4,oxapt tor snChmbcmoee ot rccorC� AoAGWer w�mnµ,@nd
<br /> wlll Aefa�gencrol(y Uie IIOe to tha Ptope»y egelnat dl ctelme end demenda.�ubJect lo eny encwmb[enoea of rccorA. , '
<br /> 14U8 $$CfAtIj'Y INS7RUMBPPI'combinea unlfoim eovcnanro for nqtlonN use and non•uNform covmnnte whh
<br /> limited vuiuqont 6y JudadlMfon to eansti�uto a unlform aecudry lnawment covning real prop¢ny. '
<br /> , U1V1ApKM C0Y8NANi'9. Borsowu ad Lender covenont andagee a�tollow�: , _ ,.
<br />--- 1, Msmaat ot P►Ndpat ond Icterest{Prcp�yttteat eadl.uto Chargei, Dortower ihail promptlypay wAen due Ne -- --
<br /> pdnclpelot�nd Imereat on�ha debt evidenced Dy the Noto and any prcpayment md!au ohergea due undertfie Nae.
<br /> J. 6UnQa tor 4hxea and Iosuraaoe. SubJxt to eppIla61e Iaw or co a wrl�ten weivcr by GuMer Bo�rowcr�hell pay to
<br /> Lcnder an tho day montNy paymenro ere due undor�ha Noro,umtl the Note fe pald In fuil,a wm("�nd��tor.(e)yearly
<br /> taxes and ea:eaamenta wh1cA may atWn pdodty over�h(a Secudty InstNment aa a Uen on tAe Pcoperty:@)yearly leeachold
<br /> _ 9aymenn or �ound rcnu on the Propeny. If eny:(c) yearly hezard or propeny inaurence prcmtumr, (d)yeerly fload
<br /> insurutce premlum�. It eny; (e)yearty mortgage insuranco premiuma,i[eny;and(Q my num+payable by Qorrower to -- -
<br /> l.e0da,in accordanca with�he�roW:lons of puagnph B,in Iiw ot�he payment of mortgege Insurence prcmiuma. 7hae -
<br /> Item�araeelled'B:crow Items. Lender may,�t any tlme,collee�end tatd IUnd�in�n emount not to exceed the maximum
<br /> amoont�lender tor a federelly rcleted mongega loen may requiro tor Bortowa§escrow acaunt under�he tederal Reel
<br /> - Estate 3ailement Procedurca Ac[ot 1974 es amended Gom�ima to time,l2 U.S.C.4��er s�q.("RESPA'�,unlw another
<br /> — law Iheuppltea to t�e Ivnds eue a Ieaser emowt. Itco.Lender may,at eny tlma�Iiect and hold Punds in�n amoun[not ro — _—
<br /> excud �he lesxr emount. Lendu may eadm�te �ha amoum of Mnde due on the basb ot curtent dn�a and reasonabte _._.
<br /> -_- eetlmarosof axpendimms of futuro Hurow Items or otherwise In occordance wtth appIicablo Iaw. _ ___ ____
<br /> -.— 7t�e Punde clmit Ixi hdd in m Ins�itution whou deposiu ere irourcd by�federel agency,inaaumentality,or em(ty __
<br /> _ (Inciudi�y Lenda,it I.ender la nuch en InsNtution)or In eny Federel Nome Loan Bank. Lender ehell apply tho Punda to qy -
<br />:_T'"� the Bscrow Item+. Lender mey not charge Bortnwer for hotding end epplying the Phnds,annually enalyzing tho escrow --�_—�—
<br /> _-= eceowt,or vedfyNg the Bscro�v Icema,unles+Lender paya Bortower interes�on the Punda md applicable lew pertniu �_`'_=''=�
<br />,:�.:,, Lender�o meke wch e chuge. Howevu,L.ender mry require Bortower ta pay a ane�tfine chuge for an independent real —°-Y--=-
<br /> '�i utnte tex reportin;service used 6y Lender in ronneciion�vith�hia loan,unless epplicablo Iew providas othenviu. Unless en ���
<br /> �-� agtameot ia made or eppliceblo lew requirca intereat to be paid,Lender shail not ba rcquired ro p�y Bortower any interest or � {
<br /> rqN eaminga on the Ainde. Bortower end Lender may agree in writing,however,that interest sAalt be paid on�he Aund�. Lender �t�t
<br /> ahall give to Bortower,without chege,en ennuel aaountlng of�he F�nds,ahowing crediti end debtu ro the PhnN end the A �y ;
<br /> `•'i pu r p o se for which each debit to the Mnds wa�made. 1Tw Wnds ero pledged ee additional secudty for ail sume ucurcd by "C .—
<br /> �hta SccuAty Inatmment. ���jt
<br /> 3,+� If the F�nds Aafd by Lender axceed the amounts pem�8ted ro be held by sppllcable law, Lender shell aceount ro ,� �
<br /> " B�r�,wa tar VR e;.�Pvr,�s in a»cxdantt xfih i!�requirenr_n�nf spplkabk lsw. It�ha ee!!�unt ef iM R+mk I!�Id by - r�T N �-___
<br /> '-Y� Lenda et eny time ia not mtficient[o pay the Escrow I[ems when due.Lender may so noUfy Borrower in wdqng,and,in y t�i��y __-�
<br /> nuch case Borrower shall pay to Lender�he emount necessary to meke up 1he deficiency. Bortower fhall make up�he �ry�
<br /> i' deflcienry in no more than Iwelvc monthly paymrnta et Lenderh sole diarclion. +'f3�'{�`,K� • -
<br /> -S� lJpon payment in tull of ail iums secured by �hie Security Instrumenb Lenaer chell promp�ly refund to Uortower eny j�^'�t2�ji F ,��
<br /> -.;� FWnds held by Lender. It,under paregreph 21.Lender shell uquire or sell fie Roperry.Lender,prior ro the ecquisition or .���,�, '�v•:.._�
<br />. � iele of�he Prope'ry.shall apply any Aunds held by Lender at the time of ocquisition or sele a�e credit egeins[the suma +.:xk•.l._cr.�±?(4 =
<br /> -i;_� �ecurcd by lhla Savrity Inswment. `�y�� ,S��.-
<br />__�a 3. Applicallon of Peymenu. Unless eppllable law provid¢s otherniu, aIl paymenu received by Lender under {+�x f"�r-, �..
<br /> --�.{ pxragrepM1f 1 xnd 2 shall be epplied:firs6�o eny prepaymenl charges due under Ihe Notr,tteond,to nmounts payeble under _��r� ��??
<br /> --� paragaph 2:third,io interest due;faunh,�o pdncipal due;end las4 to any lem chvgu due under the Note. , Zyc�ti �.;c _
<br /> :,�� 4. Chargec; Llens Bortower shall p+y nll mxes,assessmenu,c6urges, finea end impositions attribuuble ro �he ;���,.�_,?13 .�
<br /> --�;3 Property xhich mry aitein prioriry over this Secudty Inswment,end Icasehold payments ar ground renu.if any. Bofro�ver p a � i-_•
<br /> :]]] �hall pay�hese obligatlons in the manncr provided in paregraph 2,or it aot paid in�ha[menner.Dorro�ver ahall pay them on a��? �`� �
<br /> _:,+ -�,;' ..
<br /> `� time dira�ly ro�he person owed payment. Dartower shuil promptly fumish to l.ender ell noliccs of amounts to he paid under � • 4 . s
<br /> this pangraph. It 6orrower mekes these pnyments drectly,Bovower shall promptly fumish to Lender mceipt:evidencing �r'"�'`f�+t',':`
<br /> thep�ymenta. ?�' �`�Su,b�s ..
<br /> IIortower xhail promp�ly discharge eny licn which hu priority over�his Seeuriry Insnument unless Bofrower.(a)egrces t�x�x+5_"j��� �.-':
<br /> -;°� in writing w the qyment of the obligatlon securcd by�he lien in a manner accep�able to Lender,(b)comests in good faith the � �Yt,,;i,�:;
<br /> >M Ilen by,or dcfcnds against enforcemem of the licn in,Icgal praeedings which in thc Lenderk opinion opeate�o prcvem ihe ` .n�`r�._;
<br /> .?.� enforcement of ihe lien:or(c)securcs from�he holder of thc licn an agrcemcnt mtisfactory to Lender subordinating�he lien � �.I��� � ty�,_._
<br /> to this Stcudry Inswment. If Lender de�ermina that eny pan of the Propeny is subject�o a lien which may ettain prioriry ;{,�_ `�,��t __.
<br />`1,.t over thisSewrily Inswnten6 Lender may give Iiorrower a nolicc identifying thc licn. Dartowcrshall sa�isfy the lien or teke ,. ,. }:.j,..,"p';�.,
<br /> one or morc of the octions ut fonh above within 10 days of the giving of notice. ' S,' .���•,., :
<br /> S. Hazard or Property Insurenn. Oortower shail keep the improvemenis naw existing or herealler erec�ed on the �, a_ i ;:_."�
<br /> Propenyinsured ageinat loss by firc,hazards included wiehin�he term'extended covewge'and any other ha�ards,induding .?�}'-'";!}S:;^<.-`
<br /> floods w Oooding.for which Lender requircs insurance. This insurance shall be maintained in the amounis and tor the _,;';7;Z;,-.�:?"�.;c::-
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