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<br /> ig3'1A'6.914 .
<br /> ' • UMPOiU1 COVBNANTS.: Borrower�nd lAnOee cove»nl ud alree.u fdlowl; � ' � - - � . ,
<br /> — 1.' P�yroeM of Prloclp�t�ed Intsnai PrtsirYmeat u�d Iala Chu{a. Borrower�h+11 Drom7�Y P►Y whSn due
<br /> _.-- �he princlpd of ind I�krat on rhe debt evldeeSed EY'Ua Nae uW i�Y P«P�Yment ud I�ro'chuQa due wder•tho Note.
<br /> ^ 2. R!+�?s[�Ta:d�1 Ie:vecca SubJtti to e�pllsaAle lew nr t4!wrfueai walver by LeMer�Borrower,thil!•
<br /> � qy to t.snder on ibe dwY�n�yp�Y�n�ue d�e under tla Nae.unt➢tho Nae I�p�ld In fpll,�cum("FUeds'ry for.
<br /> � �^'� (�)ywiy pxes qnd assessment�whieh m+y�ttdn prloriry orer�hts Securiry instNment u�Ilen en the Prop�ny;(b)ytirly
<br />,,;;o� leuehol4 pY�nu oc arw�d,�au on tlw Pcoperty.if ooy:(o)YcAdy huud or property Insurance pnmturtu:(d)Yearly __ - -
<br /> r= w�*n fiood insunnce P�cmluma,(t m :(e)ywly mong�ga Idsunnce pnmium+,It�ny;ud(0�ny wma p�y�bie Dy 9ottower
<br /> ., " w Lendsr.in xcorNnco with the proviaimu of p�ngnph B.In ilw ot�he poYment of mongage Insurenca premiums.These - -
<br /> s_ ' , liem�oro calied"IIxrow Itenu."l.ender may,et any lims.collat and hold Funds in en�mount na to exca4 tAe mwcimum �=ft $�,�+.W _
<br /> �mount a IeMer tor a federally rdoted mortg�ge Iavn mey requira for Horrower'e eacro�v accoune under the fWerol Rul ""�: � -.
<br /> &txte SetUement Procedurw Act of 1974 a�amended @om Iime to time. 12 U.S.C. 4��I et seq. ("RCSPA"), unles� � . --
<br /> a
<br /> _ enothsr law�hat epplies to�he Funda uta a lesur unount.It w, Lender may,at eny Ume,collat md hold Funds In an - ��:;: ;.=.
<br /> onwunt na to excad ehe les3er emoun�. I.ender may esUma:e U�o emount of�Lnds due on ihe basb of curcen[dau and `
<br /> '. �
<br /> «atonable aHmatea of expendiNres o!Pororo Burow Tfem+or othenvisa In eecordance with�pptlubie Iaw. -,:{ _. �' ���-
<br /> � �� -. 'Ifie Fund�thall be h41d Ip on institutton wbpse dCposiu ero im�ued by fl tederal�genry,l�slrutoenWity,or enttty ar ° - -_
<br /> � ? (including t.ender.if l.ender Is wch an institudon)ot In eny Pederel Home l.oan Budc.Lender shall�pply tho-Flmde to �' ��ia;� `�,' - Y:.
<br />�n;;,;�:r.;,,;; pry the Burow llcros.l.cnder may not charge Bonowcr for holding and npplylag tha Punde,annually�nalyzing the eserow �,.5 s�lr���.i. �p,, .'�-
<br /> F N� �. � xcant,or vedfying the�Escrow Ttems,unless Lender pays Honower interut on tha Funde u�d�ppNcable I�w permila Lender iii .��) �,e.a--
<br /> �{,...y i_ ro milce such e cherga Howevu,I.ender m�y«qulro Hovower ro p�y n onedime chuge tor en Independent ruJ ettate l�}�-?r��
<br /> I m�e or applicnble t wbequ3rrs(nteresnt o'be wid,[.ender cM1oll not�b�i+lr�u'Ir'ed�o rovl�othtnvi n.etElf.S OI lBtlll�il�� ..�,t��.���f+4�lit t�°!
<br /> t�
<br /> � pa
<br /> n �a on�he Funds.Bonower end Lender mny ngra in wrliing,howevur,that interest ehe�l he paid on the Fund+.Lender sha 1 i;���' ;�,��n ._
<br /> " � give to Bonou•er,withow charge,en annunl accoumNg of Ne Punds,ahowing credi�a end debiu ro�he FLnds erA�he purpose - j1�':�4'� (�+��4�,�,�._
<br /> ��� Por hlch wch debino the Funds we�nude.The FLnds are pledgW a+odditional securiry Por ell sums securtd by ihis Secuflry ��;,y
<br />_,.i
<br /> �� Inshument. �''�jY'` '�'�- �
<br />�,a;.:,','`� If the Punds held by l.ender exoced the emoums pemilued�o ba held by epplicnble law,I.ender shell eocount to Dortowu - .�(itr��.:: 's�;.;�'.:
<br /> �-' (or�he exass�unds In�ccordance wi�h�he requiremen�s of eppllcable law.If�he emount ot tho Fimd�held by Lender et , + >t}��',
<br /> ;•, ony tirta le na a��fticient to pay the[iscrow Item�whcn due,Lender mny to natty Oonower in writing,and,In such eaae -- -• y�� ,,��-..
<br /> � Bortower ch�ll pay to Lender thn nmount neass�ry�o make up the defidency.Bortower shW mako up�he deficteney In _- �2fr , �y��g -
<br /> no moro thon twelvo momhly paymenta,et LendePs sole diuruton. �,, ��� � �,
<br /> Vi� , �. Upon paymeh[In Poll of dl suma�ecured by this Saurily Instrument,I.ender ahall promptly refund w Borrower -r�ie`,'.i;��4r i 1���-
<br /> n - : �ny runde neid by Lendcr.ii.under paragmpfi'<i,i.ender sFai�:c.�uir e:s;.11 tke P.�ny,L:r�':r.P:la:e U:^_acqu!s!tt�n • '- -��. -..
<br /> �1 < �.,i�� or salo of No Propeny,sAsll apply eny Funds held by l.ender+t tha iime of ecqulsidon or sele ns e credit egainst the sumf `-�-�� ��rf�'� -
<br /> � J 4 .-. ucured by Nis Security Instrument. t ' 'i4� -��
<br /> 3. Applkalbn ot Pqymenla. Unless npplicable law provfdea a.herwlse,ell paynxnu uce(vcd by Lender undu `- ( + ��'"'E
<br /> " • am ra he I and 2 shall be e icd:flrst,to en re ent char ea due under�ho Not:;ceeond,to emounu eblo under �---}'A'� �?�^
<br /> ;�i";' . P 8 P PD� YP PaYm B P�Y �. �};;.,, ..-
<br /> paregroph 2;�hird,to inttru�duo;PouM,to pdncipal due;end las6 to eny la�e chraga due under the Nae. - �'m`1 e ��
<br /> 4. Chargea�Llert�. �onowcr shall pay ell taxee,essessmrn�s,chugea,fines end(mposiHons attributablc to the �(� --�
<br /> , ' - Property which may enafn priodty ovcr thie Secudry Inswment,and Ieasehold paymenu or ground rema,if eny.Borcower -,� ,�__�'
<br /> - chell pay Nese obligeHom in the manner provided In paragreph 2,or if nol paid in Nat menncr,Ilorrower ahall pay them �. s ;�,
<br />�,,-:�'-- on tlmo directly w tha person owed paymem. Oorrower shall promp�ty Pomish�o Lender ell noliees of unounb to bo pald ,j�;�:�:.;;... ..,j�-
<br /> �' ' under Ws paragnpA.If Dorrower maku these payrsn:nts dirccdy.Borrower shall prompUy Pomish ro Lender roccipu evidencing � ;:� � � _,,
<br /> .t/�;. _ �hc payments. . 7 �_;qt - .
<br /> - Borrower shell promptly disch¢rge ony lien which hee pdoriry over�hls Sauflty Insuument unless tioaower. (e) ll�i;�• � :
<br /> , .-. !y agrces in�vriting to the payment of�he oblig�Hon secared by�he Iicn in e menner eccep�able ro Lender;@)eomes�s in good �� ���; 15� __
<br /> „� felih�he lien by,or defends egainst enforcement of the Ilen in,legal proceedinga which In�ha Lendci a opinion operate�o s.���1; � 4 .-
<br /> ' � - prevrnt lhe cnforccmen�of the Ifen;or(c)securte from Ihe ho!dcr of Ihe Ilen en agrument sa�is(actory to I.e�er au6ar- � ::�!�' }�°���-
<br /> ; ` dinming Ne Ilen to this Setvrity Insm�mcnt. If Iender detcrmines iMt any pan of�he Propeny Is subJect to e Ilen which !� `_-� tl \ �.;
<br /> � may ettaln prioriry over�his Security Insuumen6 Lender may give�orrower e notice Identitying Ihe Iten. Dorrower shall ( :� .r ,
<br /> - - satisfy�he lien or�eke one or more of the ectiom sei Porth ebove within 10 days of the giving of notice. t � '
<br /> - S. Buard or PropeNy Insoronce. Oorrowcr shall keep�he ImprovemeNS now existing or horeefter erated an r� -
<br /> ��,�� . thc Property insured egainst loss by firc,hsznrds included within �he tcmi "extended mverege" and eny o�her hazarda, I , -
<br />>i. t ".- ineluding Iloods or Ooading,for whtch Lendcr rcyuires Insuranca Thfs insurancc shaJl M malntainc4 In thc emoume and -
<br /> - for�hc perlods that Lender rcquires.Thc insurance cerrier providing thc insuroncc shxli be choxn by Borro�rer subjat to ' " -
<br />.�• . Lender's epproval which shall no�be unreasorc�bly wi�hhcld.lf�orro�rer fails to maintaincuverage ducri6ed ebove,Lender �
<br /> - may,at Lender's option,obtain coverage to praect Lender's righls in Ihe Propeny in acwrdance wi�h paregraph 7.
<br /> All insurance policia end renewals shall Ue ecceptable to Lender nnd shall include a stendard mongage claux.Lender �
<br />"` shall have�he right to hold the policies and renewals.It Lender«quires,�orrower shall promptly give to Lender all receiqs
<br /> � ' - of paid premiums end renewai notices.In�he erent of lou,fiorrower shali give prompi no�ice lo�he insumnce carrier and �
<br /> ' LcnCer. Lender may makc praof af loss if no�made promp�ly by Oorrowcr.
<br /> Unleu l.endcr and Dorrowcr o�hernise agrce in wri�ing,insurance praceds xhall be epplicd w rcstora�ion or repair .
<br /> o(the Property dunaged,if�he res�oration or repair is economically feacibl:and Lender's security is no� Iessened. If�he
<br /> - restoration or re�air is noi ecanomicaliy feasible or Lender's xcurity w�ould be lessened, �he insuranm praceeds sAall be
<br /> applied to Ne sums secured by ihis Sccuriry InsttvmenL whc�hcr or not thcn due.�vith any cimss paid to[iortowcr.I([torrower
<br /> - abandons ihe Propeny.or docs not answcr wi�hin 30 days a notice(rom Lender thr.t Ihe insurence carrier has o(@red ro
<br /> xtde e claim.Nen Lender may collect�he insorance procecds.Lender may use�he praceds to repair or rcsmn�he Propeny
<br /> or Io pay sums secured by lhis Security Imwnun6 whether ur not lhen due.The 30-0ay period will begin a�hen lhe notice
<br /> is gircn.
<br /> . - ..-'-- ' -'-- --' ^-----'---"'—`-----:_ .._.:-- °.._�c.._.:.._......_.__w.u....:....:.,� .I..0 .,,,...i...a
<br /> . - vNGaa lc v�nu ab�a .. n.b. n�q .pp.e . �..... ..�.......r. � ._.�_._.._
<br /> INGI Y�N vV��Vnc� �n��- c ���� •�� o�rv��v r�.�a• ..�.. .
<br /> or postponc thc duc da�c of the momhly paymcros rckrred io in paregrephs I end 2 or cM1ange�hc amount o(�hc payments.
<br /> " If under paregreph 21�he Propeny is acquired by Lender.6orrower's rigM ro any insurence policies and procecds rcsuhing
<br /> � hom damage to the Property pnor to�he acquisition shall pass to Lender�o the extcnt of the sums secumd by ihis Sccuri�y
<br /> ' Instnrment imroediatcly prior to�he acquisition.
<br /> . � Fonn707/ /,90 IpcFelo/7poRn)
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