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<br /> vxt�tMoQVBx,►ms. �oem+ra.ea�eadet,�vm�atand.Qee�sfcua�rs: whmdue :
<br /> !. prqast ot P�Lc4�1�i LE�n�ti�q4��i la�Y Cl�arp. 8t�rro�rer shail promPUY P�Y —
<br /> � thepiiacipdu€aad iataaitao thedFbtev�deecadb!►theNoteandu�9 P�Y�eat andlate cGarges dueundertiie Nota
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<br /> � Fois taeTuer a�i I�eG Subject to appticabk 4w or to i�rtittrn�aiverby Lendu,Bormwa si�all psY
<br /> "� w Irenderon the dsy montblg psyma►i�are due under tht Noter until the Nute is paid in.full.�sum("Funds")equal to
<br /> -� onaL�eelflH of:(a)Yarly tau�es and assassmenta wDich msy attua prtority ar•er tlsis Security instrumeat;(b)9wr�r — _
<br /> - -= Ieisebuid psymmts ar�ound rmts on tbe Praperty.i��ny. (c)Yeuty fuzsrd insurance px�iums; au�<dj yearlY --_---
<br /> �;�„a� mortg�ge�premiums.if aay.These itmis ue called"�crow items.••Lender may cstimnu the Funds due an the : � _
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<br /> 6asds ofc.urreat dua aad rnsonabte aiimsta aPfutute acrow itams. —_- -----
<br /> _-- - _- 'lTce Fundv stu11 Qe 6etd in u�irisririmtiun the deposits or accu�nts of which areinsnsed or guatantadbg a festerat or ���- --�,--- -
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<br /> state�ercy(incindin8�.mder if i eader a saeb ui institution).1.sndes shalt apply the Funds w pay the escrow itaas. f-
<br /> -. - _±: ` Laider m�y nnt charge far hoWiag and spPlYinB the Fnn�1s,uaty�in=the accoa�t ar verlfying the escrow itea�.unless �_
<br /> � ��' � Lmder pays Borrowu iaterest on the Fuada and�pplicable law pe�ita l.ender ta'matce saci�a cbarge:S�srr�awer and �,�"`' ='-=""
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<br /> �-" I�ender msy aga ia writiaa tliat interest ah:t1 be paid�the Funds. Unless on ajramrnt is made or.applic�bl�!aw �':ri'-�-_�--°-L�_�
<br /> •'' requir�s interest ta be paid.I.cndar sl�l!not 6c required to p��►Borrower sny intenst or arnings an the��Leadrer �- -
<br /> r. ':��, ; sIull give to Botmwa,withuut chuge�an ann�acc�uating of the Funds a6owing crodits utd debiu to the Fuu�a.���e; • ;: ,�� .c, � - _
<br /> . - 'purpose for wtdcl�eacL debit to the F�mds aas made.The Fuads are pted�ed as additiana!sec�rity for eheswas secu�� :, � �-
<br /> "�r • . �SCCIIfltjtTtlStNIIJe�t. `�T���:
<br /> -. ..�I��� If ttie amaont of the Funds heid by L�ender.together withthe futura montdly psyments of Funds paya62e prior to • _ �f�_,
<br /> +�'`{� .� :�•dae dates of the eseroR items.sliall accxed the amouat requ�rM to pay ihe es�raw items when dua the ex«ss shall bG Y" .�_ -- _
<br /> .� ,� �� � ��a��3orrows�s aption.atl�er pramptty repaid to Sormwer or cr�edited to Borrower an mont�iY psYments of Funds.If the _ - , ;.�:,_-'.::�.:u----_-
<br />�`:�,�:r�`:� • �s,> ��'r.�ount of tise Funds held by Lender is not sutf�cient to psy the escra��tsms whas due.Botrawer ehxA PaY to Lender anY . .. �� �_,°. :
<br /> ;f,�` z r � r��". � .a�u.s.i��acessary to make up thedc6cieacy in one or more psymeata�s�equired by Lendu. � . " 4 ��'�
<br /> J;�?.;`,,`1 '•- � ��l�Ymeat in full of al}sums sccutod by this Security Instr�ment.Lenda shali promptty afund to 8anow�r-:: . -. ,., .:. _
<br /> ` [fYli:lth" ..�°�. ' . �_ .
<br /> ,.:`�:��,!: , ' -aA?��ds heid by Leader.If uader puag�sph!4 the Froperty is sold oi acquirai!sy I.cnder.Leeder shall apply,no latc` •'' .. �: _
<br /> ��.� � • r�rc.ia�mediately prior to tbe sala of the Property or its acqu3sition by Leader.any Puad�hetd by Leeder at ths time oF , � _�-
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<br /> :.,:s.,.... ; • -• '.a�icstions�aereditagaianthesutnssecuredbytbis5ocutityLtstrumetiG . _
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<br /> �,} . ' ,�°`�.• 3. ApUcatia�ai Yapneeb. lTnless spplicable isw pmvida othenvise.all p�ymenis rcceived by Lender undec . ::;s•�._-,;• . ' —
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<br /> .:;�;;5;''� � .: paragraPhs 1 and 2 shaU be appJied:fiist.to tate charges due undu the Not�second.to prepayment charges due under the • `, a`
<br />-- �;�Y;:�.�: . _. , Not�third.to amaunts paypb2e under paragrsPh 2;faurth,to interest du�and t�sti to prirscipal due. _ 4:,y.F ��-
<br /> � � ���� 4, p n f g e�I,k o s. B o r r o w e r a h a ll p a y a l i t a x a.a s s e s s m a►t s.c h a r g e s,H n a a n d i m p a sitions attributable'to the�� � _
<br /> Property wbich may attain priority over this Security Instrument,and leasehold paymcnu ar ground rents. if.aaY• . ' �. '�
<br /> " ;� . Borrowec s�Il pay these oblfigations in tfit manrtet ptavidaf In EwragtuPh 2.or iP not psid in that manner.Borrower sttall� - � . . ' �-,.x_ '
<br /> �;;`�� � '` '{ �' pay them on time d'uectty to the pe�son owed paymenl.Bonower st�all promptly fumish to Lender all rtotices of amounts '�'�"�'
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<br /> . ..:,:.,,. . " ,`�:� to be paid under this paragraph.If Boaower matces thae payments dircetiy,Harrower shali prompily fumish to Lender ,, . � :;::���
<br /> �"�` I s 'r�+ceiPts evldencing thepayments. ' ' , '�-�.
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<br /> _"` � '=� , Horrower sbaU promptly discbuge any lim wbich has priority over this Security In�trumet►t unless Ibrrawer:(a) �' �` ' , �''=-w
<br /> ;'-.. ";� . (b)contestsingood '�' ','�_,�_
<br /> a$repia wriring to the payment af ihe ob}igation secared by the lim io a manner acceptable to l.eader,
<br /> =' � � �'a�ihe lim by,or defends against enforcemeni of the lien in,tegal proccedinga whlcb in�he LenQcr's apinian aperate to , `_;;:- __
<br /> • `' .'��=-�`�'- �, prevmt thc enfarcemmt of thc lien or forfatura oi any part of the Properiy:ar(c)se�ures Pram the holder of the lIon an r ��'� r� �,,
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<br />' �,���-�_ ,.i.�;t , agrament satisfactory to Lender snbordinatirtg the lien to this Security Instrument.If l,endes Qetermines t hut enY pa R of f • . � ,�Y
<br /> ,-�,':: • the Ptaperty is subjoet to a lien whicb may attain priodty over this Security lasttument,L.endcr may give Barrawer a +,7;..=�=`� ,
<br /> ' � noace ittentifying the lien.Borrower shaU satisfy the liea or taice one or more of the nctions set tanh abave within 10 days ���.,, .
<br /> �. .'.� -. � of thegiving of notica ' ., �% , . � .��
<br /> . � S. H�zwrd Iasar�ece. Borroaer shali iceep the impravements now eaisting ar haeafter rrected on the Praperty �, -
<br /> � ����� . • insured against lossisy fire,hazards inoluded within the term'•eatrnded caverage"and any olher hazards Pnr whish L.ender � • --
<br /> ' - .-��s ' ��• ,'::. requires insurance-T hls insurar�ce shall be maintaincd in the amounts and far the perials that L.end�r requires.The � , , '`
<br /> . � ;��;i :, . . , inawance carrior providing the inswance sha116e chosen by Borrower subjcet ta t.ender'a uppmval which Ahall aot br , • �'-�
<br /> . � ..r;�s�-'. ur,r�sonably withhetd.
<br /> • '���'`` '� � A11 insurance hctes and renewals shal)be acceptable to Lrnder s�ad whall incluQe A standard morlgoge clause. <<-' �. .. , � .
<br /> . •��:. : �. . L�;.;.
<br /> ,#:-, 1Lendes shs1Z have the right to hold the policies and renewai.�.IP Lender requires.&►rrowet Nhall prompUy give to Lender �,,; --
<br /> ;,`;�'� .=.+�.;` all receiDts oS�^raid premiums and renawal notices.In the event af tass�8orrower shall give prompt natice to the inwrance ��i�� �
<br /> ' .,;;� • carri�r a,-�d II.en�er.l.ender may make praoYoPtoss iPnoi made prompily by 8arrower. � • . . • .
<br /> .s.r.
<br /> • U�:�,sl.ender and Horrower atherwise agrce in writing,in.vurance procceds shaQ beapplied t�restara�i�m or apsir i �}�:_:� ;�
<br /> • � •�:, • a�c�e Pmperty damaged,if the restaration or repair is econamically fea.4ible and l.cndcr's aecurity is nut lessened.If the ! . ';'i?,;:,,.' .';�.,:.•.
<br /> ' -. . cu�a�atio�ar r�pair is not economically feasible or I.ender's aecurity wautd t�e IesuneQ.�Ae in+urance praceedw.rhatl he { ,�_',:�;:;' ,; ��..
<br /> � ' � � ' � aDplied to t�t�sums secured by this Sccurity lnstrumen�.whether or not then due.wi�h uny caCeax paid ta Iiarrowcr. IP �, . , �';;�, . :
<br /> ,.;;:' . . � ' �arrawa a'�dons the Property,or does not ansaer within 30 days a notice fram Lender that�he in+utance currier has • ••
<br /> .. ,. "���'.,�, ��'er�to settle a claim,thrn LenQer may colJect the insurance procceds.l»ender may uss the pr�+cced•ta rep�ir ar testare � '� ''.'`' ' .
<br /> ::;i.;.;;.; ; �3e Yroperty or to pay sums secured by ihis Security Insttument,whether or nat Ihen due.The;O�duy{+cr�ud w�U begin i �
<br /> ;�:�t:, � ahenthenoticeisgiven. �
<br /> . • ;�,. UniessLender anc�Borrower otherwise agee in wriiing.any application��Pprncecd�t�principal�hali nut cateud nr �'.
<br /> • � -��.:` �ostponetH��dne dateo9tht monthly payments referred ta in paragraphs 1 and 2�r changc thc omnunt�+f thc pa>n�cntv.IP
<br /> '"� under paragraph 19 the Ptaperty is acqaired by l.ender.Borrower's right ta�ny invurs�nce{x�licic�and puKCCd�rc�ulung ;
<br /> • � Eaam damage to thc Pray�erty pr�ar to the acquisitian shail pass ta i.cnde�to the extent nP thc yum.�rcured hy Uii�yc.uruy • , • •
<br /> � ��
<br /> � '•'�" �asirnment immediatety prior to the acquisitian. � '
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<br /> �:-;;:, 6. Pcestriatio�andM�tetenutceotProperty:Lease6old�. Borrc�wcrvhallunlde�uny.�lamagc��ra�h�r,mt�ally
<br /> change the Pa'upe�ty.allow the Prope�ty to deteriorate or commit wASte. IP�his Securily lartrument n��n,�tc,��chuld.
<br /> ` � � `� ' Bosroaver�:�aiC com�ly wEah tlie provis�ons of'the tea�►e.and if Barrower acyuire+fce Iitle u+the Prupcny.thr Ir:�vchuld anct �
<br /> r';, " . .x:'�„��,• . ' fee titte sh�lt no1 merge un'ess fi.enderagrees to 1he merger in writing.
<br /> • :I�.�i. . .
<br /> ':i'i:'.::. . 'f. Protection o1 t.endefs [tig6ts ie the Praperty;Mortgage insur�tnce. �P Ilnra�wcr L�if.t�, perfi,rm � e .
<br /> •����::._. � opvenants and agreemenia contaiaed 9n tbls Secudty lnstrumenL or thrre is�+legal proceedu�g that n�ay r�gndicantl'afPc�1
<br /> .' • Ixnder's rights in the t'roperly(such as a proceeding in bankruptcy. prnbate. fur candemnatinn ur ta rnPurcr►aN�ur ,
<br /> � � �- :egulatio�k then Lendet may doand pay far whatever is necessxry to pr��tec1 the value c�f the Yraperty:md 1 r�rdcr'r t�Fht�
<br /> - - `'-� in the Pres�::ty.Lender's actions may�netude paying any sums secured by a Iten which hu�pru�nty uticr th��5rrut�ty .
<br /> '. .. ' " . � Instrnment,aDpearing in eourt,paying reasonable attnmeys'fees and enteringon Ihe Yrapeety tu n�akr rrp�ns AUhuugh
<br /> � � �der may take astian under this paragraph 7,Lender does not ha�•e to dn so.
<br /> Any amounts disbnrsed by Lender under lhis paragraph 7 shall6ecotne a8ditic�nal deh��+f Ilnrrnw•er�rc�rrd hy�h�. �
<br /> . _ _,_. . __ ' Secur6ty{rs.^�ent.Unless Barrower and Lender agree to other terms oPp3yment.thcse nmi�untti ttwll hear niterc+�frum � __
<br /> . �;.:';� t�a date d�C;>bvrsement at the Note rate and shall be payabte.with intere�t. upnn nohce fn+m i.ender n•i��+m�ar.
<br /> �:. ' ;'t'���� r�4��17z:�''�?ent. . .
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