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<br /> — ` VI'4l�Oltl�lQ0�1Al+ifs. HCiCl�O�rellodl�oidet r I�t� ��i P�P�y I�Y�rbdt d�e '
<br /> 3. �+i4r�i��ei�eiri t�i 1ala+��
<br /> � �tb�epeiae�patatand'mterestoathedWterideocidbYtheNatesndaay_P�PY�tsodlatech�r8esdue.underthoNot�
<br /> ' � c� Pwista?a�aaiLwe�' Sa6jectio�PN��4ROrtoi��rritteowairerbyi.mderBo�ro�ess�pvy � .— —
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<br /> to Ieadar on tbe daY montld9 P�ymmis+�re due uader tbe Noce�unW tLe Nou is paid'w full�a sum C'Funds")e4u�1 to
<br /> cac►twr]fth af:fa)YearIY w�a and�a�ana�tt�vbicb msy att�is priority aver ihis Security ii�trumeat;Eb)Y� .
<br /> 1wel�oid�Yments or troond._nmis m.the Propeety:if anS.(c)ynrlY�b uuur�ace Premiums aud td)Yar1Y , y .
<br /> mo�tp�e iosotsace premipms,if any.'I'hao items m calkd"escfo�v icans."Lmder may e`stirn�te�he Funds dne oa thc
<br /> baesdcummtdanaod�+a�sooableaUantesoffutareescrowitems. - , .
<br /> - T1K Fundssha116e heW ia aa iastitudoo thedeposits oracconnts uf M�h ue insured orsuaca�htad bys foidecal ur.
<br /> qate a,eacl�C�d�i I�if Lr,pder is sucb�n institntion).I,eader sbali agply the Fur�ds to psy the escroM items. ,
<br /> I.eader n�a�no!cLu�for holdiaa and applyin�the F�aoa1Y�E the a�ctiunt or verifymg tbe�sem+Y itans.unkss
<br /> .. �P�!►s Bornn►a iaterat m�tLe Funds and�PPticable la�r permits Ler�der to make such a chuga Borroiver uid
<br /> L�eider may aproe in�that fiuta+est sh�lt be paid on the Funds.Unkss an aareement is mde or app�bk La
<br /> . tequirts inta�st w be pad,�Lends s6a11 not be ca�uited w�Y��a aay interat or eunin�s ott'the Funds.I.ender
<br /> — sLall gveto Borm�ver.�vithout charE�an annual accountia8 ofthe Fimds shoa�ngcrediu and debiu to tf�e Funds aud tlu
<br /> ' parposefo�wrUicbachdd�ittotbeFmids�vssmsde.'!'heFundsarepkdged�saddiaanalsecurit7►forthesnmssccure�by. .
<br /> tldsSecutitY lastn�ant. •• . .
<br /> - Itthe amount�#Ite Funds heW`6y I.endei;t�get'6er Rith the fature montlslY P�Yp!��of Funds{��tabk priar�fo`.
<br /> -- tbe due d�tes of t�csccow►items„ah�U.excaed t6e iwiount reqttirsd W psy tbe acrow ite�s vvTien duG tbo eaoess sbaft t+�
<br /> -- � � �t Horra�s op�a;:titLer Pm�s��eWid to BorroMer or c�iedrted to Borrawer on meatldy gayaicnts of Fuad�.If thg;
<br /> - siaonnf 4itl�eFwids�ield by I.eudec is not saf6i.�ient to pay tbe esaow itams when due.Bo�+ecshaD psY.w I.eadef�
<br /> _v ., .. �
<br /> -- � anwuntuecassrt9tomilcruptGedef�ipenc.7►iaoaeormurepsYmenisasre4uir+edb3r�-'�•=:.; . . -:;- ::.
<br /> = Upom P►Ymei�t in ful!cf at!si�ms secund bS►this SocuritY Yasuumen�Lea3ec st�tll proinptty�ta BortaMer , .
<br />--= say Funds�bY I:ender.If under parsgrnph 19 t6a Property is•soW or acquired 6Y La�der:Li�nder sliall stppiy.no ister
<br /> � tljsn immedi�teZY prior tn thc sak.of the Property or its�cquisiaon by Lerides,any Funds�dd by La�der at the tane of • -
<br /> ;.'�`;!�; spplicauai Asa cre�t against thes�s sccured by this Sacurity Iastrumen� :�: ..., � _ _
<br /> -- 3 A}�s�i et P�y�e�lr. IInless sppUcable taw psvYides otherwise.a1#PaYm�is reeeived by l.ender under
<br /> �:^ - . pato[g�ap�3 and�shai!bc appiied:fiist,to fate c6arges dae uad"esthe Noi�second,to prepayrtrrnt charges due under the , .� -�_�---
<br /> - � Not�third,warnauntspayabk rmderparagraPb 2;fourtA,tointerest du�smd tast;w principaldue.` � - - - -- - - ----
<br /> • . ' �. �i�, '�npy�r�sl�all p�y aU taxes„a�ssments,charges,fines and impositions attn'lsutable to t�e• . --__ --
<br /> ' Praperty Mhich may attain priority over this Socuary Instrument, and 1ea4ehold paymenu or ground renu, if any. • � ____=
<br /> . gonowers6Alj p�y ttxse obligations in the manner pravidod in paragraph 2.or if not paid ia that manner.Bortower sball =_ -.___.-
<br /> psy them on time directly to the pccson owod paymen�Borrawer sUa11 promptly furoish taiender aU notices of amounts•
<br /> � to be paid undar this paca8raph-If FTonower makes these payments diroctly,Borrower s¢all promptty fumish to Lender _�� _
<br /> receipts evideticing thepaymrnts.
<br /> Borrower shafl pramptty discharge any lien which has priority over tlus Security Instrument untess Borrowers(a) _ __
<br /> :`_ �- agreain�vriting tothe payment bf tbe obligation secured by the lieo in a manneracceptabte to Lender;(b)contests in good �_
<br /> � ��� v faith the lirn by.or defends against enforcement os the lion in,ttgal proceedings whicb in the LendePs opinion operate to
<br /> �• of the Pro or �``'�==�
<br /> � .:,. prevent the rnforcement oithe lien or forfeiture of any part perty; (c)secures from the holdes of the lien an .�.___
<br /> ageement satisfactory to Lender subordinating the lien to this Security lnstramen�If Leader determines that any part af _--__-
<br /> ` '. '; '� ihe Property is subject to a Iien which may attain priority over this Security lnstrument,Lender may give Borrower a =� _
<br /> .�< natice identifying the lirn.Borrower shall satisfy the lien or take one or more oi the actions set forth above within IO days
<br /> �f=°=
<br /> {�; ofthegivingofnotice. ��=--
<br /> �::�._T=
<br /> �-` 5. H�7ard Insannca Borrower shall kap the improvemrnu naw eaisting or hereufter erected on the Property �;_.�4�
<br /> • iasured against toss by�re,hazards included within the term"extended coveragd'and any other hazards fot which Lender �vr-�R.-
<br /> _ _ _ - ' soquires iaswaisee.Titis insurance shafl be maintainal in the amounts and for the periods that I.endet requires.The "_�Y_`
<br /> - insurance cattier providing the insurance shaU be chasen by Borrower subject to I.ender's approval which shall not be `�::�'-s=:
<br /> � :� unreawnabtywithheld. ' _
<br /> A11 insurance policies and renewals shall be acceptable to Lender and sha11 inetude a standard mortgage clause. _
<br /> 4 � Lender shaU have the right to hotd the policies and renowals.If Lender aquiros.Borrower shall promptly give to Lender
<br /> ,, ;: all receipts otpaid premiums and rrnewal notica.In theevent oPloss.Borrower shalt give prompt notice to the insurance _ •.:,
<br /> � �- cyitrier and Lender.Lender may makc proof oPloss if not made promptly by Bonower. : ��'.t.".'
<br /> • +'� Untess I.ender and Bonawer otherwise agee in writing,insiirana proceeds shall be applied to restoration or repair ��,'�-;_
<br /> ` � r� of the Property damaged,iP the restoration or repair is economically feasible and Lender's security is not lessened.IP ihe ;:,�,;..__
<br />;:�a •• � ratoration or repair is not ewnomically feasible or LendePs security would be lessened.the insurance proceods sha1I be ;. +_
<br /> r:_�
<br /> applied to the sums securcd by this Security Instrumrnt,whethcr or not then due.witfi any exass paid to Baaower.If
<br />� ' ' ` �'�-�- �. �oas the.P�. v,nr.d�nat answer.within 30 days a notice f'rom Lender that ihe insurnnce caMer has
<br /> '-'----� __�ttaw..aba�_ ^I+an.
<br /> _ __ _. - - - ..._
<br /> ,: oA'ered to scttle a claim,tD�en Lendes may callect the insurance procceds.Lendei may use ilte proceeds to repai�af�estar�- - --; - .
<br /> . the Ptoperty os to pay sums secured by this Security Instrument,whether or nat then due.The 30�day period wi11 begin '
<br /> ' when the notice is given.
<br /> � ���� Unless I.ender and Borroacrotherwise agree in writing.any applicatian of proceods to principal shaU n�t e�tend or •
<br /> 1''
<br />, postpone theduedateof the monthly payments referred to in paragraphs 1 aad 2 or change the amount of thc payments.If
<br /> ,
<br /> . �;` •undrr patagraph 1�tl�e Property is acquired by Lender,Barrower s right ta$ny insuranee policiesand pruceeds resuiting
<br /> -r �• lrom damage to the�roperty prior to the acquisition shall pass to Lender to the extent of the sums secured by this Security ,
<br /> � lastcumant immediately prior to thascquisition.
<br /> " b. Preser+�atlon aad Nalntt�nce olPraoesty;Ltauhold�. Borrower shall not destroy.damage or substantialty
<br /> � _ '' � change the Property.allow the Propefly to deteriorate or commit wsiste. lf this Security lnstrument is on a Irasehotd. •
<br /> '�� Horrower sha11 comply with the provisions oPthe le�e.and if Borrower acquires fee title to the Propeny.the leasehold and
<br /> fa tipe shall not metge untess l.endcr agrees+to the merger in wri�ing. ':
<br /> .. Z Prottctio�ot I.eader's Rlg6t� in the Property;Mort�pge lmuraece. 1f Horrower fails to perform the [
<br /> 0
<br /> Y_ !:_.). •- .
<br /> �s�,-.• +: ; _ covenants and agrcements contained in this Security lnstrument.or there is a legal proceeding thnt may signiftcantty a}fect {
<br /> '"'° ' Lettdet's rights in the Property(such av a prucerding in bankruptcy.probate,for condemttat4on or to enforce laws�r i -
<br /> �`�.-- :
<br /> :egtilations),then Lender may do and pay for whatever is necessary to protect t he v a lue o f t he Pro p e r ty and Lender's ri ghts !
<br /> . `l���:' ia the Praperty Lender's actions may include paying any sums secure+d by a lien which ha�priority over this Security
<br /> - lnslrument,appea�rit►g in court.paying reasonable attomeys'feesand entering on the Properly to make repairs.AUhough i � .
<br /> ��'' Lendu may tuice arrian nnder this paragraph 7.Lender das nnt have todo so. ' ' '
<br /> ,' :g.� ;. Any amounis disbursed by l,ender under this paragraph 7 shall become additicmal debt of Borrower secured by this
<br /> __ ` ...Y._.�� 5e�writ�lnstri�ment.Unless Borrower and 1.eadet agcee to ozher terms of paymene.ehese amounts sh�ll bear imerest from
<br /> � " �-;- :. the dau of disbvrsament at tf�e IVate rate ar.,d s�all be pa}+a61e.ant l i interest;�upon aatice fr�m i.e rt der ro�a r r v w e r - �=-
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