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<br /> *� UNIFORM COVBNANT9. Bo�rwwoi end I.endtr covenuu uid�itee�e followe: ry �.
<br /> e y'+' 1. p�ymeet of priqcipd�od IMereslt Pre WY�M�nd Iwta Che�a. Bortower eT�II promptlY peY when due F �t,f ' �:, ``
<br /> � ' Ua principd ot ond interat on tla debt evldeeced by the Nae�nd�ny prepwyment and I�te chuga dua undcr the Nae. �� ! � j,..
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<br /> y + A. bLndr toe.Trxa�ed learonte. S1�bJect to�ppllca6la I+w or�o�written wHver by Luder.Borrower ch�11 tr. ;;1 � , .
<br /> ,:_; p�y io Lendor on Na day monWy paymenta ore due under the Noia,untll�he Note i�p�id in Po16�sum("Funda")for: ' + ' �' -
<br /> 'T `� p)yady�xa and uusamenq which m�y�tuin pdodty over�ile Suuriiy Instrvment w o Ilen on Uw Propeny:(b)Yw�Y - � '; :'.
<br />� ' tuxtald p�ymenu or ground rcna on�he Propury,It�ny;(c)yearly hwrd or propeny insunnce prcmlums;(d)ye�dy � -�;;
<br /> -:,;;,,;�:� Poodlnsunnw pumlume.it�ny;(e)yculy mortgege Insuruiw premiums.If�ny;md(0�ny sunu p�y�bla by Borcower „•:«r„�, -,-
<br /> to Lender,in ucordance with U�e provisiona o(pangnpD 8,In Ileu ot tha pAymmt of mottgige insunnce premiums.'Ihesa 1:"�--� -
<br /> ' ' itema ue ulled"Pscrow Itema."Lender mey,�t eny time,collut end hold FLnda In an omount not to extted the maximum �� -- i
<br />- amount�lender tor a[edenliy related motlgage loan may requlro for Borrower'e ucrow occount under�1te tedenl Real _ -': ��°.`
<br /> - - --- Estale Settlement Proceduru Act of 1974 as amended Gom qme ro�ime, 12 U.S.C. 9 2601 «stq. ("R6SPA"), unlesa _ � _
<br /> � � �naher low Nat�pptic�ro tho Funde sw a lesser amoum. If so.I.ender mey,et eny time,wllect and hoid Funds in en -
<br /> � ,,- . ; amounl na to excad tho I'esur amount. Lender mny estimalo the emoum of FLnda duc on�he basis of currcnt dete ond
<br /> _� -- rasonablo utlmates of exponditures of Powe Escrow[tems or othtrwiso in axordance with e�plicabie law. _
<br /> 7'he Fund�shall be h21d'in in{tlstituiloA�ahos2-'deposire are insureA by e ftderal'YgEticy.imt�umentaliry,or enflty _
<br /> :--' (IncludlnB Lender,if Lender is wch an insqmdon)or In any Fcderal Homo Loan Benk. Lender�sll epply the Funde to ; � � ;,�,
<br />-� �-���1..: pay the Escrow Imms.Lender rtuy nol chuge Bonower tor hold3ng aod applying Ne Funde,ennually enelyzing Ihe eserow ��_'' `-S�1;_
<br /> , ` accoum.or verifylna�he Es:row Gems,uniesa Lender pay�Bortower interat on�he Funds end appliuble Iaw permlts Lender y " '_
<br /> � to make such a charge.However, Lender may require Borrower to pay e one•time ohargo for nn iMependem real atate � �-} '�
<br /> y :� tu rcponin8 urvke uud try Le+der In�ion wi�h thie loan,unle�+applluDle taw provldes otherwLu.Unless on egrament ,. E ,4rs�� `,,,. -
<br /> � • is made or oppHcablo lew requlrca Inttrest to bo p¢Id,Lender chall na be rcµuired to pay Bonower any Inleresl or wmings ,,. J��� : �
<br /> � rt�; on Uw Fundi.Bortower ond Lender ma a ree in wriNn ,however,�he�interest shall be Yd on the Funds.Lcnder shall t + ��, �)��. -=.
<br /> .�,;: . Y 8 8 Pa Etfr'�. `
<br /> < <--,� give to Bortower.w(�hom charge:�n anmu)oceomning of Ua Fund�,showing aedW w�d deb(a�o the Punds ond�e purpose S� ' -` - -r�:c!r`.�.
<br /> i ''�.
<br /> fotwNeb:enShdeAhtothoFundewumade.7l�alYmdst"veplWgedas�ddiHonNsecuriryforellsumscxurcdbythteSecudty {,�t�j'_ ., ' .;-i,s,•f;�
<br /> ..�',�ti�' '.�- Instrvmcnt. --.- `�i.'�.,'�dti:'•.
<br /> ' "i='=�' . If 1ho FLnds held by Lender excocd the emants pertnined to be held by epplicable lew.l.ader stuil oocamt to Borrower `. �� '.�� �� 4:���'.,�t;y�
<br /> � [o��haF�45�.Ft1!ndsJn�4co�Qancp.Wl�l�Q f�9,y��enu af eppliceble law.If the omount of�ho Fund+heid by Lender at , -_ !i� .--
<br /> �ny cime ie sp(tiplen tq Rpy�1ie EuroW�4me when dt�c,I.eqder moy se npUigEorrOwcr n wri�fng,ond,{o sqch cue '; � `"l""
<br /> Bqrto�yqi 6ha�' j�,to� �ndfr tlw nmopnt Pecessa1y_to mnke dp the dEflciency?�8oho�ver s1(��-M�ke vp�hb dlflclliky In 'i r ��:`t"'�
<br /> no motd tNpq!��!d monNly,p�Ymenll.bt I�hBer's sole disrretion. "�• '' � , �� -.-
<br /> , �,,:�� ' � UponpaYmeet in n'ili oi�+ii euini secv�AA by uus Scairity irstr�mzat, l.zr�er>hall p�mNJy ttPoscd ro°..orro•axr . .�. 1-,---
<br /> J• any FLnd�held by Lender.It,under paregrvph 21,Lender ehall ncquire or ull No Prope`ty,Lender,prtor to�he acquisition ,� _- ;��'j�_
<br /> or 8uto tit tAe'PrLpClty',s6a11 apply-any FLnda h21d�Ey Alndar nt�he time of ecquisitton or sele es e ae41t egeinst�hc sums S - >�^� _:
<br /> securcd by�his Security Instnvnent. �, �' �i` -
<br /> •3. Appllc�tlono►Paytptnts� .UNcu eppllable IaH^provfdea oU:ergise,�ll paymems,received by Lendcr under ...; .,�t ;,
<br /> pangrephs.l and 2 shdl Uo applicd:firs4 tp anY�Pf.zP�Y�Mnt ehar�ea due undu thp NMe:second,to emounu payuble under ��i;r:. ..`:-.
<br /> - - � paregrnph 2;�hlyd, a intereat duo; faunh, eo pdncipal due;end lasb to any Inte chargw dua under�he Nde. . �-•i-,�ry;..
<br /> 1. CE�rga;Lknv� Borrower sM1all pay eIl�axa,assessmenta,charges,Flnw ond Imposhions o�trlbutablo to the � ,.; t .
<br /> property wMeh mny u��ain prioriry over�his Securiry InsWmem,�nd Icauhotd piymenu or ground ttots,if eny.Borrower ..
<br /> shNl pay these obltge�lona in�ho manner providcd in paregreph 2,or ff nca paid in that manner. Borrower shall pay them
<br /> on time direetly w�ha penon owed payment.Borrower shall promplty Nmish to Lender dl naicra of emounu to bo peid �v �_ ;��
<br /> wder�hl�paregnph.lf Iiortower makca�hese paymenu dirmly,Bortowcr shell prompUy Pomish w Lcndcr roocips evidencing - '.:i��'.�
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<br />-�- - � tho p�yments. � � • -'
<br />-. � Bono+rer sAsq promp�ly discharge eny Iicn which hsa ndoriiy ovcr this Secudry Instrumem unlcss Borrower.(o) ,-, �
<br /> '.�-'�'.`�� agrua in wrping w Iho payment of the obligation cecured by the Ilen in e manner aaepteble�o Lender,@)comests(n good f: �
<br /> faith�ho flen by,or dehnds egelnst enforceroem of tho Ilen In, Icgal procadings whlch In�hc Lender'a opinion optrato to i'-.
<br />-- --- - prerent Ne enforcement of�ho licn; or(c)securea fwm the holder of�o licn an ograment sadsfetary to Lendet subor• �' . �`- .
<br /> . � dinuing Ne Ilen l0 1hU Suurity InsuumeN.If Lcndcr deletminw that eny pan of U�e Property ia�ubjcct to e lien whlch (. � - �
<br /> , . . . may attain pdodty ovcr�his Sauriry Instrumen4 Lender may give&�rrower e noticc Identifying�he Iicn. Bortower shall � .
<br />-y, •• •� satisfy Ne Ilen or take one or more of thu ectlons se� fonh abo�e within 10 deye of the giving of noNee. ` �
<br /> 5. Fluard or Property Insurance. liorrowcr shall kc<p�he improvements now exisHng on c�reafter eratcd on , ..
<br /> ' " ' the Propeny Insured egninsl los!by fire,Aazards included within�he tertn "enuaded rnverege' and any aher hazude, _� ' - -
<br />-_ °<y:;;;�,�. IncluNhg Ooode or flooding, for wMch Lender requires insurantt.Thie insurance shall be mainteined In�he emounta and � � .
<br /> �-7�;_:iri {or the periode that Lender requires.The inmixnce carrier providing 1he insurence shall be chosen by Oorrowet aubjett lo !- -�
<br /> . . . -.� Lendtr's approvel which s6all na be unreasonably w6hheid.It Dortower fails to mainrein coverege described ebove,Lende� i -
<br /> .. (7 may, et Lender's option,obtain coverage io protect LendePs dghu in�he Propeny in ncrnrdance wiN paregreph 7. . - -
<br /> � NI insurana policies end«newals shall'Le xccepteblo to Lender end shxll includc a s�arderd mongage claux.Lender
<br /> . stu11 have ihe right ro hold�he policizs ar.d renewats.If Lender requires,Oorro��Yr shall promp�y give�o Lender all receipu
<br /> - : ,� ot paid prcmiums end renewel noGces.In Ne eewt of loss,6ortower shall give prompt notice to�he insurance canier end
<br /> � �) Lendcr. I.snder may makc proo(of loss if not made promptly by[iorrower.
<br /> . 1� Unless Lender arA Oorroxer othuwise agrec in�vri�ing,imurance proceeds shali be applicd to rutora�ion or upair
<br /> . i ot tF.e Propeny damag<d,if ihe restow�ion or repair is«onomically kasibk xnd I.enE.r's sauri�y is not lesuned. If�he
<br /> � rutoration or«pair rs na eeonomically fr�.<ible or Lender's securiry would be lessened,the insurance procecds shall be
<br /> - ' � epplicd to Ihe sums securcd by lhis Securily Instrument,wheU:er or na Ih:n duc.wGh any Cxce.ss paid m 6orrower.if Iiortox'cr
<br /> abandom th2 Propcny,or doea not answer wiNin 30 days a naice from Lender tAat the insurance wrricr has oNerW to
<br /> -.� : settle a claim.�hen Lender may mllect�he insurance procecds.Lender may use the protteds tn repair or restorc Ne Propeny
<br /> or to pay sums saurcA by Ihis Sccurity Insuumenl,whcthCr or nol Ihen du:.The 36d�y petiod will begin when Ne notitt
<br /> - .: .� isgivw.
<br /> Unlcu Lender end Dorcowcr o��crniu agrce in writing,an��appliwtion ot procceds to principal shali not ex�end
<br /> or postpox tAe duc date of the mon7hiy paymenu rekrred�o in parxgraphs I and 2 or change the amount of Ae payments.
<br /> - ' �� If under pangraph 21�he Propeny is acquirul by Lender.Bo�row�cr's rigM1t m�ny imuronce policics nnd procr.eds resulting
<br /> � _� (rom damage to the Pmperty prior w the ecquisi�ion shall pass w Lender w the extmt of the sums ucurc4 by ihis Securiry
<br /> ' ` -� "� Inswment immcdiatcly prior to thc acquisi�ion.
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