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<br /> ' - � • UNIFORM COV6NAN1'&.. Bonowcu#ASt�,��ijYRC0Y6fant and igcce u foAoi4�i � � ' � �
<br /> �'�`� i� . 1. P�ymeM of PrlodplJ end Interrsp:H'�E)�ymeat wnd I.�te Cliu�a. Aottax�tr ctull promptlY pq wAtn duo
<br /> j ' S ihe prinolpd of�nd Ir.tercs�od�fiidabt evidtSftyd l}YNa Nae and eny prepyment ufd�ino cfiuQc�due under�ho Nae, � �
<br /> 3. BUtWr for Taca ond�nsarance �Sipjea to appllcablo I�w o�to�wdtitn W�Wer by Lendet,BoYNwer Null `,y�
<br /> �r', qry to I.CnEer on tAe dey monthly Paymtnte are duo undor tlw NaSe,untU Ihe NotO Ifip�ld.�n Nll,a�um('+PW�11"),fyp, �
<br /> �� (q yeuiy lae�end esussments.svhich may n�laln pdoriiy over�his Security Instnitt�Snl ni a l en op 1he Ptopetlri(b),j�E{�dy F .:
<br /> `` x r� lutelwldptymente or grqund tt6u on fpe Pr6�tp',If any;(c)Ywdy bauN or praperly tncurnmce ptemium�;.(�:y,tU�lY.. :�x. Y
<br /> ` T�,x: fiood Intuhnce premfume;ff apy;(e)yendy m.Hga�e insoranCe premtumeJf xny;ond(fj ioy surtu pyoble by'Ifbimwer '',�, r, _,.._
<br /> i tb ' to Lende4ln�ccord�nce withtheptoWaions o4pimgmph 8,In Iiw of tlw peyaxnt oimong�ge Insunnce prtminm��71ieu , � ^�s:�:
<br /> ' ftemo�re callod"6scrow Rqma."Lendar mny;a�any iimx,collu��M ho.YJ Rr.rfa In on emoum na a exaed Oio m►ximum ; f , �rt�_�^
<br /> , ,>i�; �moun!�lender for e tederally«laied mor�gage loan may raryira fw Ea�met'a escrow accounl wder the fuleMl�Ral i� �, �=
<br /> b l�, &IatO Selqertxnt PraeQures Au of 1974 ns amm�dea hopi time to ttzera, I2 O/.S.C. �2601 st stq. ("RBSPA")�nNa� ' �:� °�� �
<br /> ,s•<r�Sir,. . �. ..__•.
<br /> „ a�Wltte�lpw thol npplfa to the I$nds�en e Itss;t nmonnt.�f sa A.e�d,:r m�y.a1 eny tlme,m11es��nd twld Fun�ia ln�n .s.- ..
<br /> i,�tt ! :;� unount not to excecd the luser emonm. Lend1'r mny esllmete tAc uwunt ot F1�^d�due on 11w bul�ot ournnl d�la md �' _, � ' �,�;�±„'.
<br /> r-. - � tuwuble esqmotee ot expendimtea of Pororo Hserow]uns or otharniso in aeoaTd�nco widi� Ilcabla I�w. � . . ,_
<br /> ttt , - �. 'pp Punde sholl be Ac1d_laen fns�innlan whosc uepoaits aro lraurul67 0�v.fuU igency.�nstrumenWiry,or enN�y '
<br /> ,:_ ;
<br /> �t rs�. (Including I.ender, If Lender b nch nn insHhnion)or in any FzAernl Home l.oaa Rta4. Lender shnll�pply�he Fmide In ;�r�t`--
<br /> '}�cA ,�..; pry�he8urowlteme.Lenderrn�aynotcharge➢orrowerfmholdingnndepplyin tleaFl!cra.annunllynndyning�haeserow n .�,",_ �
<br /> :'��•:;'`-. " Kcount.orverlfyingOeEscrowlams.uuics:Le�xlerpayaDortowuimaes�ont�FL•:�461.A6�IIG�IOIIWPGI111IpLlIIEW ..3t::--
<br /> , . _ m m�ke cuch n charge. However,Lender may tequira Borrower to pay a one•8mx cAarge Eor an IndependeN real at�te '"°`-��
<br /> Iu roporting servico used by i.end:r in conntcllon a�i�h iiSs Imn,unless eppllable lew pmvib:�alxrwlse.Unless m�reemeM �' ".p�_-.-
<br /> U mnda or eppllenblo law requirc�imcies�to be paid,3.ender shell no�ba rcqufr.,-�lo{vy�a-aower my Interest or anlingt -=� "
<br /> on tl�e Punda.Borrower er.d Lcnder mny agree In wming,hoa•ever,thal INCrest s}uil Ca pc'rd on�he Runds. Ltndt�ehAl �� ,`.� �'��E-:r.:
<br /> gIve to 6orrower,wllhoui cAarge,m nnm�ai accamting ot�he Flmds,showingeredib uhi 8t�i'a lo�he Pund��[d Ihe�ur(wse '.`.-S�::v.`
<br /> , (qr whlch each debit to�he Punde wm mada The FLnds are pledged az edditionel aecuriry for a!1 snma saured by thie Socudty '�!? �+--?'°
<br /> Insl�ument. " . '.�,i'�:�.`�
<br /> - Iflhel+und�heldbyLenderexcctdtheamounuye:mittedtobeheldbyeppliuibkl�w,Lenderstullewwntlo0orrower . "•''"�--
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<br /> �. � ��-�.,:� ,. for tho exase Pundf In eaordance with�he rupiiremen�s ot npplicable IawJf thz nmount of�ho FLnde held by Lender nt - � :��;�� �.,'�+�� -�-
<br /> . �ny tlmo le nd sufliClCN la pay the Pscrow]�ems�vhen due,9.ender may so notifj Borrower in wriAng,u�d,in euth caw �- �
<br /> ' Borcowm shdl p�y lo Lender the omount neceasary Io make up the defieien.y.Bottower shill milce up ihe deflckncy in �r
<br /> ,��, Ilb fi10f0 1h�0 lwElve moNhly prymenie,nt Lender's aole discretion. 'r'.�� .`
<br /> � _ UpDn prymenl In full of dl suma securcd by ahia Security Insmimem,Smnder shall promply rePond lo Bortowar � �
<br /> �ny f+undi held by LenUer.If,unEer paregraph 21,Len:):f shflil etquire oi aell IAC Propefiy,i.ender,pnor a ua�isiiion �� � , •" -
<br /> - � o�sala ot�ho Propetly,sholl apply any Funde hcld by 7.endcr et the iime of eceryisiiion or eaia w�eredit�gaim��he sum� � +� -. ��
<br /> � socurcd by thi�Suurity Inst�ument. S;. ; }k ��
<br /> ' ��" 3. Applic�llon ot Paymente� Unless appliceble la�v providcs oUxnvise, ell paymems«aived by Lender under �`
<br />�;,•:-;�•.:�.�� pngnph�1 uid 2 eh�ll be opplied:Orsi,ro eny prepayment chargcs due um.'er 1he Nole;second,toomounu p�y+ble under , . `":-'.. �. �
<br />:��'[�•`:�!':"�� � pragnph 2;�hlyd,�o IMerost due; (ourth, to principal xlue; end les6 lo any law chargee due under Ih0 Note. , � � .. ,�:"
<br /> ` ��`'"7' : �, Chorgte{Utn�. Borrower shall pay e:t�aaes,essessmema,chargea, fina end Impos(Hons elldbunble to the '�'• . ,
<br /> ' Propetly which may�italn pdod�y ovcr�hie Security Insuument,end Ienaenold pvyments or ground rcnta,if any.Borrowa s
<br /> i '�- 6hvl p�y Iheso obllgo�lom In Ihe manncr provide4 In pnragraph 2,or if no�paid In thal manner,Bortower shill piy�hem � =�� (y��
<br /> on timo directly to�he person owed payment. BorroHer ahnll promptly fumish to Lender ell nalcra of�mounu ro be pild .- \.�t=:
<br /> - � � undor Ihie parogreph.If Iiorrowcr n�kes�hese paymer.�s diratly,Dorrowa sl�all promFtiy PoMsh�o Letder rooelpq cvldcncing „ . .� - }--:°:?r
<br /> . - �ho paymcnle. .. .. .. .:';+,�
<br /> Dorcower shail promptly discharge eny lien xhich hes priority over�his Saariry Inswmem udese Borrowor. (a) �� ('��,��_,
<br />-. _ �grua In wrhing to�ha paymenl of�he obligetion securecl by the lien in e manr.cr neceptabte to Lender,(b)wntuU In good '""� ;•��-
<br /> �. fil�h�ho Ifen by,or defende agninst enlorcemem of�he lien in,legnl proceedinga which in�he Lender's optnlon operelo to ""-��' �" `��; - ,;�if
<br /> � prevent the enforcement of�ho Ilen; or(c)secures from�he holder of the licn xn agreement aetlsfectory�o LeMer subor-
<br />_ , dinating Ne Ilen ro NI�Security Instrumem. If Lender de�umtnee�hni nny part oi�he Propeny ie subJect to�Iten which -i. , __ -
<br /> �� � may tltoln pfloflty ovtt thle 9ecurily Instrument,LenACr may give Gonower x notitt idemifying�he tien.Bu�rower shill �""-.''''_'��_"�='�"',�".
<br /> - � � utla(y�he Ilen or�ukc onc or mom af�Ac nctiom set fonh nbove within 10 dnys of thc giving of notia. � { � ..a`
<br /> ��'� �� - S, N�zard or Properly Wurence. 6orrower shell kcep ihe improvemcnu now cxisting on c�reaRer erated on - - . .';;��-�� . -
<br />� • �he Propeny Insured agolnst lose by Iire,6azards IncludW within �he term"ex�mded coverage"and eny other hunrde, , _, - �
<br /> " ' Including Ilaode ur Ilnoding, for whieh l.ender requGes insurance. This Insu�ar.ce shall M maimained in�ho emounte end - �� •
<br /> � for the pedod��hat I.ender requlrc�.The inmrance carrier providing the insurnnce shill be chosen by Bortower subJw�w � ,- - _
<br />� . Lender'e npproval whtch�h�ll nabe unreasonebly wi�hheld.If[inrtower feils io mnimain corerege ducribed above,Lender �� _ ,
<br /> � . ' may,e� Lender'e op�lon,ob�aln mverogo�o protect Lender'e righ�s in �he Ropetty in ecwrdance with paregreph 7. G - -
<br /> -� NI Insurance pollcie�nnd rtnewnls nhall be ececptable to Lender end shall include a a�andmd mongage clause.Lender
<br /> - shall have�he dghl io hnld�he pnhsk�und rene�vals.If Lende�requires,Borm�eer shall promF�ly gire�o Lender ell receipts
<br /> - - �� of paid premiums nnd rene�vol ndteee. In�he event of loss, �orrowet shnll pi��e prompt r.aice to�he insurance carrier end � -
<br /> ���� Lendea Lender may make pnx�f o!las�if nu� made promptly by Dorrouer. �
<br /> . � ����,. Unlsse Lendcr end Rorwucr mhcrn�sc ugrcc in x�ming,insurance p�aeeJs shall be appliW w resiomtim or repair .
<br /> � of�hc Propeny dmnagcd, if�hc«uom�iun or rcpafr is ttonomically frasible enJ Lendcr's securiry is na lessened. If the
<br /> - restoration or repair is nw economically feaiible or Lender's secariq would be leasenW,ihe insurance procetds shell M '
<br /> - � - epplied�o die sumx secured by�hh Secunty Iacuumem,whe�heror na�:en due,with eny exce.�c Faid�ollorrower.lf Ffortox�er
<br /> - abandons thc Propeny.ur d�w�nol ons�vcr wiihin JO Jays e naim Gom Ler.Jer �h�1 the insurance earrier hu offered to !�
<br /> . - stttle o elefm,then I.ender may rnllect the mwrance proceeds.Lender may um�he praeeds io repair or res�ore�he Pmpeny -
<br />- - or to pay sums�ecured 6y�h�a Sewn�y In+wment,�rhe�her or not ihrn dua 7he 30.day per.nl will begin ahen the naice
<br /> .. - - b given. ..
<br /> . , - UniCSf LenUer and uonovsr atnern�se ng¢c fn�vri�ing. any appifcauon ol proceeas to p.meipai snai7 not uec�
<br /> �_ . or postposc ihe duc da�c of�hc nromhly paymcnu rcferrcd to in paragraphs I and 2 0�change Nc ei�rovm of iEe pa��menu.
<br /> If under parngmph 21 the Pro{any u acywrcd b��IAnAer.6orrower's rigM�o any imuranee policies and proceeds rcsuhing -
<br /> - . trom damage to lhe Propeny pnor tn ihe ncyul�ninn ehall pnss�o Lender to the extent of Ihe smns ucunJ hi��his Seeurity -
<br />-, InslrumcN Immedia�cly Ddor lu IAe acqm�lunn
<br /> ' -�i- -" Fo�m]MI 9190 rye}r!o/3 poaeiJ
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