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<br /> �or�en�,t�j11 uf t�bo�oit�is��fenod tq ia t�uuis Secatii�r I�ent the ° ` � ` . .
<br /> - � BORROWFR�VENANTS.thit Boao�is�lawfWly aeised�of.tbe estate berebyr oom'eyed a�d d�s the right to,As�f `
<br /> � �od caavey tbe Pmpeatyi aad tmt tbe Ptvpecty is ueeacnm6e�ed,�e�c fa ��cum6rao�s bf retx�ni. Borm+wd�v�an�aod ' �
<br /> . , ��rillde�end g�1�X!�6tk�fu�e Pt�opeRY i��lf�dn�s�ti de��s.�6j�t w�a3►enc�amb�arxxs t�f�e+�so�d. � < ` • -.
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<br /> � TEHS SF�.1Tltt!'Y iN�7RU1�ffiaT cdlnbmes uaifarim oove�nts for nauaul �.se �od noa-uaifoaa Eoveo�riit`s vvi�i . '=; '-<
<br /> • •limit�d varis600s bY jueistSaim ta�moe sw�ifam s�ary ia�ument oovaing n�i pmpeny �
<br /> UNI�RM C�YENANZ� Borma�er amd I.ender covenant wc!sgnee as follow� '.< ,
<br /> • . 1. P�t�t Frid�a�1a�;�M7��L�e�����E P�y wlien du�U�e '
<br /> �primcipaldaodhtaatoQdiede6tav�dencedbytbelwoteaod�ny��:ptylee�sartdlatec�stWeandertbc�'oi� .
<br /> ` Z �(� �� '���p��Wd't�8wpfldtW�IYli�I�.rCO�,$�O�IOwC�[311#��QRy�Dr. � " .
<br /> l.ea�der on the daY ma�jr.pa�yme�s ue�ne ander tbe Kae,mu�the�l�Tace is pud ia Eu11.a stau t"F+�"}for:4;)�1Y `
<br /> '`t�ucea#rd aSSe�paK3 afiich m�y�mun pciority ova thia Sa�uery Lutcumeoc as a fien on.itie Pt�ppetly:{b}�aKiY l�roid .
<br /> , or�aiod rmts aa��e Propec�y,.iP any;ic)Y�Y ��P�P�Y iasu�ance pnernuuanx E� Y�9�
<br /> ��,`P��� (e)Y��8�8� �.���any,aad{�aqy�s�s prsyaMe I�y Bos=oWa o�
<br /> I�der..�aoaKd�noe v�ntb the pmvssia�s of par�g�ph 8.in lieu ofti�e p�tyment af mortga�a ins�ooe P�mju�- Tl�e
<br /> • it�n.c uie called"F.scYVw Items." l.euber may.at sury ame.catket aud 4oW Funds itr m amiwnf aot to acceed ttr�tt�onnma '
<br /> . anoau a kadec far a�edeialiy t+ei�tod moa�a8�.��9�4�for�Barn�aer��ae�ouot under.tbe fede��i'Real
<br /> � - Esqoe S�u Froceduns�Ast of I974 aa amet�M f�ua�time Gn time:�t U�.C.3�2601 d s49.("RESPA"�.�mkss�wtt�a
<br /> . . 119��w tha[applies to tbe�sus a ksses a� If sa.l.erder�y.at aoy tane.collat arn!lald TvMs in an amaunt not to ' _
<br /> � exoeed-t!x ksser anw�mt. E,ender may�te 8�.amouat of Fw�d.s dae m the 6�of carient dus�smd tesaonsMe
<br /> . �of-�e�f fi�dae F.scrnvv Items�or atlktwise ia accacdanGC ivitb sppliabk laa. ' . -
<br /> � . . 'i'he Tvtxls shai[be held in sln utstituuan wLose depasits aee i�nrd hy'a fedaAi Ag�t�c.y,ins�n�lity,breahtY ` .
<br /> . ('iaclad'mg I.endcr.if i�ender is such an instiw6on)a in�ny Federal Hane I.oan Banlc. I�ender sh�ll apply tbe FuMs to pry �
<br /> tbe F.sccvw Items. I�ender m�y not charge.�orrowcr for holdiag and applying ttx Funds.anm+allY a�tys3ng tde esrmw
<br />_' - _ ._ .- accamt,_oi verifyiTtg_d�e Esccow Items.unless I.e�der pays Boaower iateaest an the Fimds mM applicaDle l�iw pemiits
<br /> - L�er�de�to m�ke sucb a d�arga However,I.ender a�ay require Aorrower to pay a bae-tiu�charg�ior ffi indepertdeot na1 _` �
<br /> astate tax repoNng servie�us�d by l,ender ia c�onne�tion with this loan,tailess applicable taw pcovides othetarise. Unkss an
<br /> - ' �is made or appiicabk law requin�s inoe�est to be paid,I.eader shall not be r�equired w pay Barrawer aQy in�aest or
<br />= . eamings on the Fimds. Bomnwer and Y.ender ma}ragcce in writmg,twwever,that interest shall be paid on the Funds. f.ender
<br /> s6aU give w Boriowet�withowt cha�ge.aa a�mual,accounUng of tbe Fiu�ds.showing ae�its and debits W the Fimds and tbe
<br /> = p�upose for whic�i each debit to tbe Funds was made. The Funds ane pkdged as addi6onal securiry fa'aU a�s socaed by .
<br /> �, ---- this gecudry Luuwpept, . ,
<br /> �:. If the I�nds lietd by l,.ender exceed the amowus�permitted to 6e'lield by applicable law,Lender st�all acxrount to
<br /> .= Bamwer for the excess FuMs in accordanec witb tde requuements of applicabk law. If the amount of the Fands Aeld by
<br /> . l.ender at any time is not sufficient to pay tUe Egcrow items wben due.l,ender may so.notify Bomuwer im writing.�in
<br /> -= syc�case Bsrs�iwer shall pay to l.ender tbe amount neoessary w make up ehe defuieir.y. Bonuwer shall malce up the
<br /> .,��„� deficiency ia no nwre than twelve monthlY PaYmenis,at Lender�s sole d'iscretion. ,
<br /> - - UPoR Payment in full of ap sums secured by this Securiry Iasuumen�Lender shali Pi'omPdY T+Cfund to Qon+nwer any
<br /> ��"�_' � � Pvnds held by Ixnder. If.onde�pa�agraph 21.L.enAer sdaU ac4uire or sell the Pt+aperty.l.ender.prior w d�e aoquisition or =
<br /> '�:_:, � sale of the Property,shail apply any Funds held by l.ender at the time af acquisition ar sale as a credit against the sums --
<br /> .. secutod by this Security Instcumeat . __. _..
<br /> 3. AppUCatioa ot Atyments. Unless appticabte law pr�nvides att�eiwise.all payments ra�eived by I.ender under -=r=�_
<br /> - paragraphs 1 and 2 shall be applied:Grst.to anY ptepayment charges due under the Nooe:seoond.to amounts payable under • .��_-
<br /> ; parag�aph Z:third.to interest duo:fonrlb,w pr»�cipal due;and la�.to any latc charges dire under the Note. � :_.
<br /> 4: Charges; Liens. Bomower shallQay all taxes. assessmenu.ch positions amibutable to the '�':.`�`--
<br /> ��.,•: azges, fines and im
<br />. �._� r�: � Aroperty witirfi may attain priority over this.9ecwity Instrumen�and leaselrold payments or ground rents.if any. Barrower ...'
<br /> • shatl pay these obligations in the mannec provided in P�B�Ph 2.or if aot paid in tha�manner.Bomower,shall pay them an �'''_��.,
<br /> �`� ��� � ��.,,�- .' time�directly w 1Le person owed payment. Botrowet shaU psomptly fumish to l.ender all notices of an�ounts to be paid attder . _
<br /> ' - '`'�.��:Y'. �P�S�Ph. If Bortower makes these payments directly.liorrower shall promptly furnish to Lender teeefpts evidertcing
<br /> '`,.;�;;,:, ` the , :r�,
<br /> B�shall promplly discharge any lien which hav priority over this 5�urity Instnrmen!unless Borrower:(a)agmes '' ���
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<br /> � �-�• ' in writing to the payment of the obligation s�cured by the lien in a manner acceptablc w Lender:(bl contesis in good faith the �-:':�;_.
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<br />- �� . �, licn by.or defeads against enforcement of the lieo in.lcgal pmcerdings wMch in ihe Leadet�s opinian operate to p�event the .
<br /> -�` ,'��:-,__� , enfonxment of the lien:or(c)secur�w from the holder of the lien an agreement satisfactory to Lpnder subordinating the llen ,
<br /> • :�.'�;t:f� ' to this 5ecurity Instrumem. If Lender det�nnmes that any part of ihep�p�y�s subject to a lien whlch may attain priority •
<br /> �, y�•.. . • over thls Secutity lnstrurnen�Lender may give Barrower a notice idemifying-the li�n. Botrower shall salisfy the lien or talce
<br /> � - , one or more of the actions set tath above within 10 d�y�ot the giving of notice. ' • , _
<br /> ' '•'�'`•y' � � S. Hazar+d or� lnsueanoa Hmtower shall ke the im emen�s now eaistin or hereafter er�ected on the �
<br /> � : :. :, Pnoperl7 eP Prov g
<br /> . _ Pioperty insured against loss by fire.hazards includ'ea within the term"extended coverage"and any other hazards.inchcdMg : �
<br /> � • •; ; . floods or floodln&for whlch l.ettder requirea insurance. This insurance shall be maintained in the amdunts attd for the •
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