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<br /> — TOOE�FIER VV(TH d th�Ynp�ov�+enU now or hr�dt�r�not�d on tM prqwry��nd�1 �ssMn�nta,�PP�pN,�nd �
<br /> --- -- plun� now or h�R�r�p�rl 01 th�propNty.AM npiaoanM►tt Imd�ddfUoe�shY dw b�aovwd by tNM S�qrfty kKtruMMN� (�,,��
<br /> � AI�a tA•lorpolnp b nl�rt�d to N 1hM S�owit�r InstnwNnt u th�•PropKty.• .��
<br /> 80RROWER CAVENANTB thM Bortow� M MwA�ly �Ns�d o1 th� �t� h�nbY oa�►wyW md ha 1M rlpM to prrnt�nd
<br /> oonvy th�PropMty�nd th�t th�P�opwty M u�narnb�nd� ncwpt fa�nawnbnncw of n�o�d. Bon�ow� w�rtwnq Nnd wM
<br /> � d�d prn�►tlN tlIM b tM Pirapwry apynst M dWns�nd d�nw�ds.wbJ�ot W�►�naMnbnnat ol naord.
<br /> 1H{s eECUnm u�rRUMENr oombin.. w�Noim oov.n�nt. tor nMlwwl uw .na non�wam coY.�wia wMb MMN.a
<br /> — wdallons by MrNdatlon to oa�utftut��wiMam Noudy in�Hmnt oov�►MI propwty.
<br /> UNIFORM CAVENAM'8. BoP►owR�nd L�ndM oov�n�nt�rM�prM�s faMowa:
<br /> ;: 1.Pqm�n!of P�Inolpsl�nd Int�ns�Pnpsym�nt and Lat� Chupa. earow.r�tu�p►ompW p.y whm
<br /> dw th�prYiolpN of�nd Int�wt on tM d�b!wld�nad by th�Not��nd�nY P�P�Y�+t�nd Mt�aiirpn du��!h�Not�.
<br /> �•� Z. Fund�tor T�nc�s�nd Insu►anc�. aub�.ot to app�o.bl.i.w o►to.w�NUn waivw by�.ndr, earow��har p.y
<br /> �.,j'� to l.�nd�an 1M daY��N P�Y� �n dw ued�th� Not�.undl Ih�Not�fs pdd in lull. ��un►('F��)� lU f�f� _�
<br /> ' '� - _ qxM N►d�ssMmMnts wh{oh m�Y aI1�M► W1orNY ar thlt S�outlly Inskwn�nt�s a 8at an th� ProP�Y��1��Y IMUhold
<br /> .�—.—�__�.—.:- p�yaw�u«qroind r.nu a,ths Prap�ty.II+ev: (a) Y�h�a►vroarry Nw►.nc.Pn�np; (dl wvfr boa Inwrana
<br /> pr�Nums�N�ny;(�1 Y�Y�+�NW�9�„s��M�ms�M�ny;md(ry�ny awns p�t�bU by Bomowr to L�dr h�000rdmo�
<br /> �._..:_,=,,��
<br /> wMh Ih� provhbne ol p�pnph B. b N�u of Ih� p�yrmnt ol mortpap�Inwrmc�q�nfunn. Th�N� an c�t�d •E�orow
<br /> - �- _ pma.' Undw may, h�ny tim�, ao�t�nd hold Funds b �n unount not to mccwd the nwxNiwm �nwuM� MndK for a -
<br /> °�-�_� Nd�r�y rd�bd mottp��loan nf�y nquin lor Bortowe►'s escrow�ocount uiM�r tha Ndar� RMI E�t�ts B�tWnNnt Prodduna
<br /> �����.,•,.--_.��� Aci o11971 u�mmd�d Uom dir+�to Wrw.12 U.S.C.�2801 d ap. (•RESPA'), unlsss another I�w that �pppa to th� Funda
<br /> � wts �INtw �mauM. tl so,L�ndw m�y.tl any Um�. ooY�ct�nd hotd Fund�in m ama�nt not to�xa�d th�Nssw amounl.
<br /> � �`" '��'',;y Und�r m�y�atMnats tb��mant ol Funds due on iM b��is oi aurt�nt d�ta md n�son�bM afNnNa of ap�llu�a of lutun
<br /> .t:t�.7fYY
<br /> T:._ � . �.;����x+ Fac►ow Itans or oth�wN�in�ccoreNne�wMh appW�Wo kw.
<br /> _r. � �;�-i... Th�Fueds dW b�hNd M�n hqlp�don whos�dspo�its ue Nwnd by�lader�l�panay.tnqrumenlsNy. a mihY(���
<br /> • >�=..:r , .4,�' I.md�►, R Undr b wch an InslRutlan) or in �ny F�deral Home Lan Buik. Lendx sh�N�pply tM Fund� to pry th� Eeorow
<br /> f ;�, Ihms. LondR m�y not chva BortowK tor hddng md�ppyhp ths Funds, annwNy at�lytk��the a+aow ace�nt,a vNMyYip
<br /> '� ►�,��,C�.�_4t�, Ih� E�crow Itamt. unteu LYnd�p�ya Borrow�r Mder�t on the Funda �nd�ppNcable law pem�N� Lsnder to m�k� such �
<br /> .i-�,s..:.-��: •� eh�pe. Howwrer� l�nder may roquka Barow�ta �wy a one-tima char�e tor�n (ndependent Rel aetate lex repoAhp envloe ---..
<br /> ,�.... _. ... . • � uWd by Lenda in conneotion wkh this ban, unlas opplics�bie I�w providea othe�wisa UNl35 N aReemnt Is rrwde a
<br /> �;q;�:h��4���e. ��kw nquka NdKest to b�pdd.Lendx ah�p not Ea requked to pay BarowR any iiA�reat a eunk�yt on ths Fund�.
<br /> r•
<br /> � ,:,.;��� . .,'. , Bamww �nd l�nder auy ayne N writinp, however,that interesl shaN be p�W on th� Funda. Laidx ahaN yM� to Bortoww,
<br /> �� qf�. .4:�.; 1.:.,i.:�Q wNhout chrge,1u� annwl�aour�ng of tht Fwds,ehowk�p credlls and dabiq to ths Funds and Ihe pupoaslor which Neh
<br /> ' ''rt;,;:'.;� :. r• r- d�bN to th�Funds rr�s made. Th�Funds�rs pfedged �s�ddtlomi sscuriry for AA ouma a�curad by ih�S�ourfly Insinun�nL
<br /> • _- ^ q the funds hNd by Lende► aceeed the amaunls pemnittad to be held by+�ppYc�bte 4w, Lender ah+�G�ccount to Borrowa
<br /> � � . '. . . :�� --�:.' for.tht exc�as Funds In aocord�nc�wlth th� nqukanenb oi appYcabl�kw. II th��mount of ih� Funda h�id by Lander�t�ny
<br /> , > , 1�� � IYne+a not wfflelent to p�y lhe E�arow ftwns when du�,L�der m�y so notNy Bortow� in writinp,�nd, in suoh cas�8artoww
<br /> ' � � �WY to L�ndr the MnouM n�cawy to mHa np th� dMid�nay. Barow�r shaN moke up th�drRcNney In no mon than
<br /> ,��il� -� a Y.
<br /> ' ,r t . • . ' -r. �1MN11�R101il�lh/��RIIM1t8��t�llf{�f�S�ON fSSS�dI.
<br /> ' .:,�..'( .. . Upon p�ym�nt In fuA oi Y suna secund by thb 3�curity Insbumrnt.Lender sh�l promply►Mund to 8orrowa�ny Funds -
<br /> '�1s�=.�'"% • • � held 6y Lende�. If,pndu parapoph 21,Lender ahd 4cqWn or sep the Prop�,l�nder.PHor W th��cquiaidon w ede of th� --
<br /> ��s:�-r'►� � PropMy. eh�!M �+S+ty.rry FurwL hdd by L�ndw at IIw tlm� of aaqubfdon a sale rs a credit a9�n ih�wma f��d by thb �_
<br /> � „� ••. �;:i,: " S�a�uqy Inatrumcnt.
<br /> . . , 9. App11CAN011 Of Paymelits. Unlaa ppUcable Itw provides othe�wlee, all payrrienta rece{red by lendar under
<br /> . , ��� paragrephi 1 and 2 shaY be�ppOW, fkst,to my prep+�yment char�pes due under the Note; second,to amounq peynbte under
<br /> � p�ra9r�ph 2;thkd.to Interoat dus;faulh,to pdndpd due;and laat,to�ny I�te chuyes du�uade�ths Note.
<br /> � . q. C11Arees; L.IN�s. Bortoww sh�U pay d t�es. aaaeaaments, chA►yes. 11nes and knpoaltllon� atbbuWrls to ihe
<br /> , Propeity which may athY�prbrity ovw this Seourity Instrument,and baeehold paymente or pround ronts. M�ny. Borrower shd
<br /> ti��.�;:' paY 1Ms�obY�tlons In the mwnne►provided h pn�raph 2, or q not pald In tluit manns. Ba►owa►ah�4 p�y thrn on Wne
<br /> � �'` dkectly to tha person owsd p�ynNnt. Borrowa slul promptly Tumish to lenda aM noUws ot arnounts to be pdd undar thfa
<br /> . ;,•�„ _�;
<br /> -- � `i;t..':;� � h M Baroww m�ita th�s� eob Bortowar shW promptly Tumlah to Under r te�vWmdn tha
<br /> � .�• ;�,• Wk+�P�P • WYm dY�ct1Y. �P Y
<br /> _�r• p�ymenta.
<br />.c._.,y, e,� tr�-�.',. ','`�'}•
<br /> - .� , 5�' :i�' ' • Borro►re► ehaQ prompdy diselwqe any Yen whkh h�a prla(ty over thts 3ecurily Inahument unlesn Bortower. (�)�pron In =_-
<br /> � I'� `' wdWp to Ihs p�ymmt ot the obYp�ibn secured by the Nen In � mannar acc�pUibte to Lendar; (b)contats in yood hNh the "``-'-
<br /> \� ,� � Ibn by, a defmds�galnat anloraemcnt ol the Ilen In, legel proaeodinga which In the Lend�r'a opinlon operaU to prw�nt the Ft^,-:
<br />_- ' ,� , . miorawnint nf thw Y�n;or(o}seeures hom the hoWer o1 the lien an ayraement s�tlal�etory to L�nder suM1o�dlntlng the Yan to ��_-_
<br /> , . : tMc Security Inatrument.If Lender delertninea th�t �ny peit ot me F'roperty in eubJect to e Ilen whlch m�y �aG�prioriry owr thla �-':�
<br /> �'' Ssc;wity Inatrument,Lender m�y Qhe Borrower e nodce Identilykig the Ikn.Bortower ahaN e�Gay ihe Nen a tak�on�a mat of E,�_��
<br /> - � h�• ' • tAe �odona set foRh above wNhin 10 d�ya of the giviny of notke.
<br /> '� � 8. Haard or PropKty In�u�anc�. Banower ahaY keep the improvemente now exiaUnq or herosQa e►ed�d on ths ��`"�
<br /> l, •, ., � Prope�ty Inaured oy�N�at bas by Ik�,hazards Included wilhin the term "extended coveraye' and my olMr hw�ds.Indudinp �`�"`
<br />� '� '� 5 •�, 1bod�or Aoodinq, ta wMch Lender nquirea insurance. This insurance shell be malnuined In the Nnounb and b�the perioda ��::
<br /> • ''�''�' " '��`,4: Ihai Unda requkea, TM inaurance a►rter provi�np ihe Msuranee sheU be chosen by 6orrower eubJect to L�nd�r'e�pproval ..
<br /> . .�v,..-�:.`'•::ri;r'�, _
<br /> •�e;:c 1•::,;,,,• whieh shall nW be unnaaorubty wNhheld. If 8arower tells to meintaln coveraye desedbed�brne.laMe►�y. at L�ndK's ��>
<br /> "� ,. optlon,obt�fn covange b protact L�nder s dpMs in the Properly in accordonce wqh paragraph 7. �'":
<br /> �r �'' A1 Inwnmca poYoks �nd nnew�is shW be aeeepLble to Lender and ehap incbd�■ at�nei�rd matpage cJaus�. Lander
<br />_�{ �. � �• �, thaN h�ve ihe dyht to hold the poYdes and renewata. fl lenda requkes,Borrower ahdl prompUy pNa to Landa all receipta of �.
<br />;:.t r . 4�'•c,., .•.,„ patd preiNums�nd ronawd noUCae. In the event of loas,Bonower shdl qive prompt notic�to ths insuronc� c�nler�nd L�nde. .�.
<br /> y � . .. •.Iti;1�'; .
<br /> :,, .,' ' '::,� l�nder m�y rtwike proot oi loas if not made prompty by Bortowe►. �ly
<br />'�r t- • � �`'•�� . Unitaa Lender and BoROwer otherwiae agree In w�i6ng, Inaurance proceeds sh�q be applied to reatantion or repair ol the �°
<br />� �y Property dumyed, II the reatoration a repai► is economlcslly leasible and Lender's eecurHy is not lesaened. Ii the restorntion a
<br /> �c.
<br />�.%: E • � • ropair Is not economlc�lly teaalble or Lendei s secudry wauld be lessened,ihe inaurence proeeeds ehall be appled to the sums �'�
<br />,�,;:; - '. tecured by thi: 3ecurUy Instrurnent,whelher a nol then due, wilh ony excesa paid lo Bortowar. If Barower obuidons the f
<br /> ; � PropMy, or doea not answer within 30 days a noUce fram leader thet the fnaurance cartier has otterad b salUe a clalm,then
<br />'`�•� , s Lender may cotect the tnauru�ce proceeds. lender may uae the proceeds to repair or restue the Praperty a to pay sums ' �
<br /> _ ' � • :. • �ecurod by thla Security Msirument,whether or nat ihen due. The 30•day perlod wW begin when the notiee is ylven. '
<br /> ':'t'�? Unlesa Lender �nd Bartower dhe�wlae og�ee h writing. any appYcaUon of proeeeds to princlpal ahel not exlend or
<br /> � r posipone the due d�te ot the rnonihly paymenis relened to k► paragraphs t and 2 or change Ihe amounl of NQ poymenis. If
<br /> ��� '� ��.,, under paeqraph 21 the Propaty Is�cquked by Lender, Bortower's right to any Insur�nce poWdes anC proceeds resulUng hom '
<br /> •� , •;.:,'.;•�•.+:. �-.:•� dam�pe to the PropeAy pria to tl»acqulsitlan shdl paas to l�nder to the aRent of the aums by tMs 3aaKFty Instrument
<br />'iI'• :. ' :'.:':'�ti,'�.;c� Ynrt�tery Prior to lhs�cqubqion.
<br /> � - '��� • 8. Occupancy, Pnso�valion, Maintmanca and Proto�tion of tho Proparty* Bonowar'a Loan
<br /> `��t,..: • � .a ����1.�.�� u�---•-- ,;,w.�C� ..��wu�.� ...� . ��w.o.�...w.. . o......... ....�.a �..���..�.rutiM
<br /> ;—- - . � . ~Ml���v�or:q � w..... ...'�':ry�. .... . �.. w� ..�r....y �' �.......r��r� ...j.0.. ..., �
<br /> � • sbcty dRys �her the �xecuUon oi tMs Sewrity InaYument and ahW conlinue to occupy the Properly as 8ortower'a prindpel
<br /> "' • � resldenoo tor �t least one yeu aNer ihe d�te ot occupaney, unless Lender othenAse�yrees in wriUnQ,wl�lch conaent ah�p not
<br />�• � ..
<br />;,�: ,,;,,.:, be unra�eon�bry wilhheld,or unlas extenwiing ctrcums4nces pxl�t which are 6eyond 8artower's contrd. Bortower ahW not
<br /> �Y., '� '.'•�.`+� : destroy, d�m�pe or NnpUr th�PropMy. aAow ihe PropeAy to detalorate, a eommk waste on the Property.Bortower ahell be In
<br />• '� `��� defauR H eny tadeNuro�ction or proceecik�g, whether clv0 or criminol, ta begun thst in Lander's good lalth�udgnront could reauR
<br />' i .�:�•+• � In tafNtun of the Proparry or otherwise materialy Impak the Yen ereated by thts Sewrhy Inatrument a Lerder's ex:urfly intereat.
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