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<br /> .�.-��'�'�•� TOGETHER W�iH NI tb. MnprwMeMnts now a h�ttu�notd on tM Pr���d•�••�rwna. �PW��^�
<br /> . iAtNw now a INndu�pnt d thr propwty.N n�pMoMnwAs�nd�daqan�sIW io b�oovw�d by Ws Orar�h in�bwn�nt
<br /> M W th�IarpoinY M nMit�d fo in thb 8�airMy N�bum�nt�th�•Pro�wty.'
<br /> e0FW�1MEA COYENANTS th�t!le�now�r a MwA�fr tNt�d ot th� �ttu h�nbY oonvNb�nd hw 1M ApM to Rant �n4
<br /> ooiwN th�RopwtY md th�t tM Pro�wMly,,M 4qpMpumb�nd. �xo�t fa�a�nbrrw�ol�oor0. Bonoww w�niNM��nd w�
<br /> diN�a�w.y u»IN.b an Peq,«l�r..plln�t.uN; .nd a�na.,wbNot to.n�►ma�bw+o«a noad.
<br /> TMb sECU+m u�RUA�Nr ot�naMnM wmn oov«w►a to► n.uond a.. .na nai�Nonn oar«wM. wkn I�nita
<br /> v�riabns by j�+iM�alton to ooesllwU� IunMuml���MY bqn�t oovaYiO nM poaAy.
<br /> UNIFORM OOVENIWi'8. Ba�rnw�a�nd I.Imtlw cov�nt�nd epro�tt foAowt:
<br /> 1. P�rytn�nt d Principal�d;� P►M�nt and L�Ch�r�.earowa stwN pranMy P�r wn�n
<br /> au.a�. a.na r,n�.d oe a�.a�a�,�ww�no�t�y u�.Nos..�a.r�y a•�r�+�ana ra�►a..aw u�d.r u�.Na..
<br /> _ - 1. unds tor T*x�s �nd Mtitur�om+C�.SubJ�l to.ppMa�Ale rw ar to.wda.n w.wr by l.«id.r.earow.r shM v.y �, _ _
<br /> - w L.na�r an �n.d..y.ma�qhb a�r�ta+�+1 d��u und.r�n.No�.,umN au Noe.a p.a in tuN�. wm (•fund.•!� l�)r«�v
<br /> -_ ta��ed w� whlph,m1ry+Mt�in P�Ip�►wK U�fs S�owNY intpumw►t a� • INn an iM Ptop�ly; lb) Y�N��
<br /> _ _— poym�nb a�t�a�nd�t�on 1hR ProP�b, �li�l►fn (o)Ywb�►d a propKty bwnnco Dnmkwn�� Idl Y�N bod Inwrana�
<br /> plwnii�IM�N lirrr(�)YN�l�m1xt0�p�In�unMR��P�Mn11tNIM�N�nY�d I�)�Y�P�l�bY�K to Lwid�r In aeoord�nr,�
<br /> wllh th�prwi�lans ol,plu�onPh 8�b Mu oi thA p�►+n�nt of mat��Inwr�na pr�n�tunM. Tt�� q�rna an a�M 'Esarow
<br /> _- ---- --- heme.' Lender m�y� «t anp IInM.coM�aR and hotd� Funds in �n�rtaunt nat to �xaMd tlw�miudmum�mount�Undv tor•
<br /> - --° _-_--- Ik�d a74aa��ian,tNn�to tkM,12�.Q. B RdQ1 �t�q•ocount�undwuilas�nolh�r hw tMt aPPAee to�� --
<br /> s� � Nesv �niount. tl w. L�nda mq,tl�ny qmp�oa0eet and hold Fw�ds in�n �mount not W�otaMd th�Mssw amount
<br /> L�nd�r m�y estYntt�thA qncw�rt of Funde due on U1p 4nsis ot eurnnt d�l��nd n��awbM�Us o1 �dlww o��
<br /> �:' . E�aow It�ms or otMaiwhe in aaaoMmae w)th�PPAasbla{�w.
<br /> -- r�•�,� fi�Funds�h�be haW tn an inadtudao whaae,dQpaeNa ore Inwnd by�1�d�1�pnwy� In�a�unww�Aty�a��^d��"o
<br /> `y"� Und�r. N Lw�d�r i� wah m ineWutlon�.w in any Fademt�iiama lwn 8�nk Unda eh�N�ppiy the Fundi to qy the Esrxow
<br /> '.- ,�r 3,_,, flwns.L�r+dw m�y not ohu�94 Bomow�br hnNpn9�nd��PPh�9 Ihe Funds,�nnw�Y wh►tk►0 iht�suaw aeaant or rwflyky
<br /> .- th� E�orow It�� wdas� Lwider prr� Borrowqr Intar�t on,dla Funds and appNo�bN Mw p�nrYtt L�ndK to m�k� such a -- -
<br /> , - '��i•�:.; ' O�Wg1. HOWNf. LMI1�l�111��f I�QII�1! �OROWi1!Q ��1 A 011lhalllll C�WOf �0� all �II[�Nl�flt fM��1{N1� 1/X f�1011�1�Q s�1Y�''� -
<br /> ��� . .�'�' us�d by UndK (n aonneoHon wNh thb lo�n� unlass �RP�Q � P�� othawh�. Unl�s� �n ayrNn�nt b mada a
<br />_ � . . ,..C •••�.. �pp�pM�r nquira Intenst to be p�Nl, Lender aAaM nat he�equired lo pryr 6ortower amr Mdaat a MmNg�on ihs Funds.
<br /> � . �.'�y,�� v
<br /> ; � r 8orrow�r�nd I.mder m�y a�n N w�idng. huwer�. that tntereat shal be psid on fM Fund�. Lwid�r sh� pivs to Barrowa.
<br /> ,�,�.G �,:,-;� wkhaR dwp�,�n �nnwl�aooundnp ot tMs funds. shawit�q cn�is and �i�bits to th�Funds�nd ths pwpos�for wNoh Mch
<br /> ,•.,„' ?�`�''�',''�:�• debM ta Ute Funds w�� nwde. The Funds+�n ptad�ad Re ed�f�s�ourity la d suna saand by the S�auitY Inatrwnent _
<br />.�`. �r'. •,�.` tl�thn Runde hald l�n4ar aowd tha amauMa +u�e Mid by appMoebk I�w. l e n d�r a h u l a c a o u n t t o B o n o w e►
<br /> �}s��.1<.,t�t..�;;�b�i�
<br /> ���; .,,,,• . ;.•... ,:..o tor the �cans FunM k�aooad�noe w8h tha n4uNaman f� p �ppAcable I�w.If th��maint oi ths fund�hdd by Lander�t�ny --
<br /> � tYn�It not wlAdent,tu WY ths Eeuow qsme when due�bonder may to�otly 8orrowu fn wdtlnp.�nd in wch as�Borrowar
<br /> as
<br /> ,'/� a� `y, 'r,r.1�`�,• aFW p�y to Lwider d�e Mnount neo�ssuy to mwkp up tha dullcla�ry. Bortow�sh�N mak�up tM d�llol�ncy b no mon ih�n --
<br /> ,..G�;" ." . .. twNv�nwnthy piyma�ts.d l.�nderY sole dl�cr�don..
<br />�:,';�tii. •:':'-;+:�a�' :-.: . . �,`4
<br /> ' �WY�t In tul of � sum� a�ow�d by thla Seaudty Inatrument, land�►sh�Y prornpUy rdund to Bortower�ny Funda v-
<br /> ''�r 1•:'::::•�.� ,:�. :. hMd by L�nde►. li.under parep�ph 21.l�nder sha0 aaquim or se1 the P►apwry,Lend�r.Prb►to thr aequleidon a sW of th� _
<br /> '•,%:, end r
<br />`y:`';:A ,:ti. . pnopKly.sh��pply�u1y Funds he10 by L�ndor�F th414na oi roquisipai a ssM as a a«6i Y{�ak►ii its� �:t�tttd bSt t!�
<br /> . ,.,��„� �
<br /> ��;o.<.+� $�qeNy Instrument. __=--
<br /> ,.;`:�1� � S. App11CaN0�1 d PayM�tKl. Unkss ��pp6cable I�w provldes othawias. d p�ymenta �eaN�d bY lende► undK �
<br /> •;�,;,:t,''.. .. ,
<br /> ,. ,+:�.i';,�, p�q�ph�t and 2 shN bs applMd; Ilnt, to anY prspaYment ehrpe�du�undu the Notr, a�aond, to�mouMs payabN und�►
<br /> � .,., : puap�ph 2; lhird.to intanst duo;tau►th,W pdnepel due; �nd I�st,to�ny ht�charqes du�u�d�►th�Note. --
<br /> , .� ��' 4. Cl��s; U�O�. BortowR eh�A pay �p tex„, assassm�nts, ch�pes, Anes �nd hnpositlone attribuhbls to the
<br />-:i+::,.. :,;,;.,,. propRty whlah n�y�ttain priodty owr thl� Semully Inebument,�nd le�e�hold p�ymente a praund ronts, H�ny. 8orrowe►�IwY
<br /> ' pay thma obliy�Nona In the manner provlded In parepmph�2, a H not pald fn iMt menna. 8orrawa �h�M WY them on tM^e �:�,
<br /> -;:.�,��,: .
<br /> ��,;.;,::_ dir�dly ro the penson owed paymenl. Borrower shaN promptly lumish b Lender all notlas of amounte to b�pdtl under this �^
<br /> , f_;:_�.• p�ra�ph. If Botroww m�k�s thew p�yments dlready. Ba�mww ah�p pompMy Nmfah to Lwider ncNpts �vid�nolnp lhe .
<br /> -`�' . • ' WYmente.
<br /> �`�::
<br /> Bortow4r ehwp promptly diseherge any Ilen whlah has prlodty ove this Seeurityr Inatnm�ent unless 8onowec (a)�grees �
<br />� �';` , wriGnq to the p�yment a11he obYgaUon aecwed by the Uen in a marMa aaepLWe to Lender (b) conteats In qood hith Ihe -+
<br />: +�'i " , Y�n by.a dehnde ag�inat �nloroMnent of the lian i�. tegal proceedhpa whloh In 1hQ lend�r's op�nion opuate to prw�nt the �
<br /> Yn �
<br /> � �� enfaoamed of the Yen; a(a) a�ouns irom the hokler ot the Aen�n�preement sadslactory to LendK subordinatin0 the Wn to
<br /> .i, - "y .. this SecurNy inetiumeni.tl Lender detarminee that anN�art ot the Properly is sub{cct to e 8en whioh rt�y�ttah prlority over lhis
<br /> Seculty Inehument,Landar mwy gMe Bartowe e notice idantiyN�y the INn. Bortowar shW wday tM Wn a take one or man oi ��-�„
<br /> ,%r�� the�atlone ae1 torth�bow wNhin 10 days al the giring oi nodoe.
<br />�.,::>•:, 1Q._
<br /> � 5. HBSUd or Prop�rty Inaura�. Banowe�ahaN keep the improvanants now e�lstiny or hercalta erect�d on ihe
<br />.=;,� . PropeAy ineund ap�k�st loss by bn, herarde inoluded within the term "extended toveraya' �nd�ny otha huarda, includ(ng �..
<br /> : " � ;��'"•h Ilooda a Ilooding, tor whi�h Lender requkes Insurease. Thia insuronce ahal be mak►tak�ed in the amounta and lor ths pedods ;:;__
<br /> �;:,,<-�-, � .
<br /> • .,;��ti.{:' �:, th�t L�nder requMaa The Inauranae cmier pruvt6ng tiho inaurance shdl be chosen by Bor►ower aubJect to Lender'a approval f;
<br /> � ��,�;��'� � which fh�N �ot be unrKasonabiy withheW. II Bortn�rw faUs to rtwqiuin coverage desalbed abov�. lendar mry, d LandK'e �.,;
<br /> •},.,•,'� ,:•••..,
<br /> r: . �, op tl an,o b t a i n covqrape to p m t e c l L e n d e r's d p h t e i n t h o R o p e r l y In occadanee wNh p a n y n ph 7. � `
<br />;-.,r,: • :����'• M Ineuranae popafa� �nd renawale aheM be aocepteble to Lender and shdl Includa� atendud moAys�e cl�uae. Lender
<br />, ���
<br /> . � shN have lhe dpht to hotd fhe poYcies and renawal�. It Lender requlrcs, BoROwer shall promptry 9ive lo Lendar dl receipta ot •
<br /> ; r p�W premNxna�nd r�ewel notleee. In the erenl of laes. Bortower ahW yhe prompt noUae to the insuru�ee eanler and Lender.
<br /> :'$ , Undrr m�y mdce pmol al loee it nol m�Me promptty by Borto�ve►.
<br /> ., UMQSa Lender md Borrower othenvise aprae in wriling, Inaurence proceeds ahell be appNed to restoraGon o►repa4 0l the �
<br /> � � Property damaqed,H the restoraUnn or reppk Is econambally feasi6le ond Lendera secutity Is not lessened. If the restontior. or i�
<br />,�; ;4, '• ,j,. • np�ir Is not acanomloa�feaalble ar Lendsr's seourity would be lessencd,ihe (neuranco proceeds eheA be appYed to the auma '�
<br /> - secured by thb 3ecuHty MatrumenL whether or not then due, wNh eny exeesa pald to Borrower. Ii Bortower�bandona the !
<br /> : ''�t? . Propehy, a doea not anewer within 30 deys a noUce trom Lender thet the Inaurence cartler has oHered to aetlle a c�im,then ��
<br />__� �M;:;,`: Lander m�y edlect the Inouranne proceeds. Lender may use the proceed� to tepair or restore the P►operty or to pay sums �
<br /> . , �; seared by thl�3ecudty Motrumenl,whelher a not then due. The 30�y period wlll begin wh�n the naUae Is given.
<br />.. , '�;'��� , �- Uekas Under �nd Bortowm othervviae agree in writing, any �pplicaUon of proceeds to princip�l ehaC not extend or .
<br /> �� � �. � . • poslpone ihe due d�to al tho mwNhty payments relened to in parayraphs 1 and 2 or change the amount ot the peymente. 11
<br />- � under pqmpraph 21 the Propeny Is acquked by Lender. Borrower's right to any Inauranrse policles and proceeda reauiting hom
<br /> , . ' ���`'� dumge to iha Propaly pda to the aequiaiUon eFuiG pase to LandK to the �ftent of Ihe �uma by Ihis 3�eurHyy Inshurtient
<br /> ` Yr�e.ii�tay prlor to the�oquisiti�n,
<br /> = 6. Occuuancv. Pwsonatlnn. MaiMonanao and Prat�ctton of th� Prop�rty; Bwrowar's Loan
<br /> �. �` f�� .. AppliCYlkltl;�l.�aseholda. 8orrower shp0 ocoupy.establfsh. and use the Properry oe Borrower's princ�tpal reeid6noe wnhln
<br /> j . .. sbdy d�ys dlx the txeation of thks 9ecudy Inatrument �nd aheU continue to ocapy the Property es Borrowers p�indpal
<br /> � �� roafdena lor at le�at one yeu atla tNe date of occupancy, unless Lender othervvise�p�ees in wrking.whkh conaent ahe!not
<br /> �x;. ti , be unro�eon�bly wilhheW,or unks�axcenuotfng ckcumetences e�Jst whlah ee beyond Baroweia conUd. 6ortower ahal not
<br />�•� ., desVOy,d�mape or Yrq�rr the Propa1y,aYow the PropMy to deteriorate, or commft w�nte on Ihe PropeAy. Bortowar shdl be In
<br /> 9 dMwlt N�ny lorlddue�ollan or praoeedng, whelher ckil or c�nlnel,h begun thet In lender's yood tellh�udgment could result
<br /> •� .
<br /> in IatNlun oi ihe Propert�+a olhewi�+s mataWty Impe4 the Ifen we�ted by this Securtty Inewment or Lender's aecurfly Intaest.
<br /> "~ � � ��'�_R._
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