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<br /> � TOOETiEti WITM W tbe M�prov�np nav a Iwa�ll�t wMaMd on tM prq�ly��nd�M �ts� �PPurt�n^oM. �nd
<br /> ��WrN now w b�r�w�put ol tIN pop�pl.N nP��Mnd�drMlon��h�Y�Ma b�aorw�d by thb aarNy In��iw�wM.
<br /> � AN M tM lahpobq M nNnrd to N 1hN 6�a�Ny In�lnr�t w tM'Prop�Ay.'
<br /> 00lN10WEI1 130YlNAM�1 MM No1rowM M M�iY sNpd d Ih�MNI� Mr'�bY oanr�y�d rid Iw tM tlQM b p�M �nd
<br /> ooawy IM�op�efy and thM 1M P4op«I�M �aMnarnb��4 �cap1 la wia�Mrmas ot ncord. 8omowa w�n�nM �nd w�
<br /> d�IM�1d pNwf�ly tlM YIII b th�PtoUMh►�pMnnt�t�11Yn�and d�nw�d�,su�1 b anY�d noord
<br /> ?FNe �CURITY INdiRUAAENt oamW►� unMonn oovwwna tor nalonN uM ana nai�unMoi�n ooirNwrMt wMh N�INd
<br /> vrMrom b�r MrNdaYon to oonsMMA��unNanl.�W M�t oarwk�p nN prop�ly.
<br /> UNIFONAA QOVENANTB. �r rid�� aov�nl.md�prN u kMaws:
<br /> 1. '�M�t of�'�Inel�aed M�� P�p�►Mnt �nd l�.1� C11�rOr�.eonoww�IaN prompW p�y wh�n
<br /> dw a+.p��p�I a�nd�e on c��aea.w�na.a q►u�•Na..nd.ny pnQ.ynMm�nd�.a e�wo..d�,.una.►�n.Noe..
<br /> �. Fulld�/bi' T�otM MN1 hq��-�m�PP��I�w a to�wiitt�n w�fvw by I.andx.Borrowar sIW P+Y
<br /> lo LM1dM on tlNl.dlryt.�M11hM P�Y�u+1fR dt1e1 YndK th�Nob.un1A Ih�IVoq M pYd h 1uM� �wm('Fund�')� l�1 Ywh►
<br /> ax...na...«.m�+�a.wr►►���r •a�rn o�►ar�r a�.s.ow�► a��.� . � o�a�.�oa•�r: ro) y•�r�•�•hom
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<br /> P�p or powid r�nta on,th�Prop�il�,M�ny: lo)f�M�d a►w�P�M M�w�nc.pw�: (�Y�N�ood tnNw�na� !�
<br /> prwni�rn��M�ny;(�)Y�M„1RK6�OA Inlw�IntM iMMr�Mnn� q�ny:�nd(f)�ny wme P�f►�bM bY Bartc+ww to Und�r In a000rd�np �
<br /> wMh Ih�provida�na ot P��Ph,B,�in Mu of..th�i�l�^�of malqap� hsun�no�p�rrurn�, Th�n iand w eY�d •Euxow
<br /> tl�nn.' Undw m�y,at arry 11nIR� ooMa!�nd�hnk! Fundt in �n amount not to aaMd th� npucYnim �namt� Nnd�►tor�
<br /> f�d�rry nMt�d matp�p� bim nMY n�quk�inr.BqRqwr's �orow aocount undr►tht i�d�ral Red E�nU SettfertNnt Praadurw
<br /> Aa a 1074...nMwJ.a uom.tlmn ta uine,1a u.&.G.�xaot �t ..q. (•R�sPa•�� w�Nss.�an.►Irw u�a.pp1e. w u�.Fw,ds
<br /> . . ,; sNs� Ntw�ma�n4 11 so�L�ndpr nMf►.�t�np tUn�.cW�at�nd hotd Funds in�n amount not to�xeMd th�Ms�w ama�nt
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<br /> Under m�y�stlm�t�the amo�alt of Sunde du4 on th�b�si�oi ax��nt dau�nd n�sombt��stlnr�tn of�ndNw�t ot fuWn
<br /> Esorow MMns a othavAs�In a000rdNna�wMh,�p�IlcabN Irw.
<br /> '��''�ti ' ,. Th�Funda�hnN be hNd M m InMiludan whr»�deposqs�n Msw�d hY�f�dxal �pw�cy.fn�t�►.or wrtil�►Qndu�rg
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<br /> � 7'" L�►dw. N Lw�dar.la suoh �n Inatllutionl.or In�n►�F�d�nl HortN Lo�n B�nk� L�ndw sMM qip/�t tM Fund� to p�y tM Esaow
<br /> „ ,. ..+�qui; .�;`-*,", It�nn. Lwidw m�y oat abproq 4laroww fir.hnMing �nd�ppyN�p th�Funds��nnu�NY anry'thy IM�saow�oaoun�w rwMyYp
<br /> . .•,.r �•�` ,.'°` qN Esaow Nwmi, unle�s lmdix p�Ya Ba�row9r Mdatut on th� Funda anA epplkabte Iaw p�nNts Lend�r to m�ic� wah �
<br /> ;. • f . chary�. How�vK Unoer mry aquin 9onowor to pry• onttYn� oharpe fot�n indepa�dait rod atate tax npoAlnp �wvio�
<br /> �h sfi �r Ili�d by LMIdR III GWIflA0NfM1 WMh UI{8 kIM. 1NI�MS � MW PfOYIf� Oth�IWbl� UNl6t N �w011Nlit N MIfM 01
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<br /> ,'. �• '�.; %':�;�"`,�t ,�, �pppcabM�w nquY�s Intsn�t ia be paW, Lmder ahM not bs roquk�d to p�y 8orrows ury Int�rest ar e�rtdnys on fh�Fund�.
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<br /> �.,� d.�;;..._,��;.:�;,�:.y Bortow��nd Under nuiy aprn b w�bing, howmer.that bt�st �h�Y be p�id on tt»FwWs. Under shd pNt to Bana+w�r,
<br /> .;: . • . wilhout clwpe,an.�nnuel �aaoundng a}tha Funde►. ahuwing cn6te and deblls to th�Funds and th�pwpo��br whioh �eA
<br /> • �� d�bU to the Funda wAS m�de. Thn Fuods an p{�dgad�a additFon�a�eurity fa+iN aWru seaurod by tM 3eaufty Inatrurnen�
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<br /> ��� ' B th�funds Mid by L�nder�xaeed ths�maunM parrnillnd to be hMd by appNcat�te lav+� Lendx shd acr�nt to Borroww
<br /> '�. .. - la ths exwss Funds N accadwiaa wNh the nquinmanM af appNc�W�I�w.If tM�mant ol th�Funds h�id by Land�►�t�ny
<br /> • tlmp Is ant wiAoiant to pay the Eecrow Itame when due. Lmder nry so nody Bonowr M�wrltlnp.�nd, in suoh cas�Barta"w
<br /> a, , . . ahtl pay to L�ndar tM�mamt n�ceswy to muk4 up th�ddlohney. Boaow�r sh�M m�W up tAt d�Qdmay in no mon thm
<br /> ' twNw moMh�Y Pe1+��•�t Under'a sole disaratian.
<br /> .a',,;,,.,.., .��,., ,,��.�` �P� WY�t b tuM of d wms s�wurd by thh Ssa�iy Mstrum�nt� Lenda ahs�promptly refix�d to Baroww�ny Fund�
<br /> -- '��'��"��'-�-':: held!�y lendes. H..�ttder�h 2f.lenefar ahwl aaquin w sM ths PropMty. I.�nder. Wbr to the puiublHan or sals W tht
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<br /> : , � �,`;ra.:::,:�� Pr�vperb�shW�pply any Funds heid by l�nde►d tha tlme M acqW�idon a sd�n�aadp wpab�at the�unu ua�nd by thN
<br /> �. 7 ,,,t.,.. $ecudly kl6trument
<br /> , , . . 3. AppllCdlon of P�rypl�ltb. Unless pppAaAble Inw provWes othawiae, d Wymbnts roccived by LendK und�►
<br /> ' •� ., puag�Phs 1 �nd 2 sh�N bs appN�d: Il�t, to �ny qivpayment chuye+due wder ihe Note:seeond,to amoutns p�y�We und�r
<br /> •• • p�n�aph 2:third,to intarest du�;fourth,to prinapel dua: and laat.to any Ute charg�s du�undrr tAe Note.
<br /> ';i. :;•,, 4. Cha�oo; Uons. 6arower ahall pey aA taxps. assessments. ehuges. fhes �nd MnPcsidw�a a1hWuUble to 1M
<br /> 'fr ` Propaty which may atWn QAoNty ovar thle Seaixtty Inadumant, and Isas�hold payr�ts or gound rents.H any. Bortower afi�N
<br /> } ,�%•`.� p�y Ihne oMip�Uona in the mnnne►provided In parepmph,2, or H nol paid h that menn�. Ba►ow�r ahaM poy them on tlme
<br /> ;+" ' dirociy to Ihs peroot� owQd payment. Barower ahaH prompthr fumish to Lendar all aoQc�s of amounts lo b�pald undK ihia
<br /> p� p�rayraph. If Boeoww makta thsse paymenls dJtrtaily. 8arowx shaY promptly lumish to L�nda ►eceipts �+rWmciny ffie
<br /> �'.: 1 . WYmana.
<br /> �{r ,.�' � Bortower eheA pramptiy dlscharge �ny Yen whlah.haa p�forlty over Ihis Secu�ity Ina7ument unless Barower. (�)��rees In •
<br /> , ,,. •: .",, wrrithy to the p�yment oi iha obNgetlon secumd by the IIRn in e manner acceptebte to Ler,der, (b) conteata in yood falth the � ;�
<br /> �.•,���'�• � lien by, or ddmda ay�k�at enforcement ot !ha Itan In,legal proceedinys which in Ihe le�der's opinlon oparala to prevant ths
<br /> i � I an f o r c e rt N n t o 1 i he l i e n; or(c) s e c u r a s han tha holder oi ihe Ilen an a g reement satl6faclory to Lender subordnatlnp the Ilen f0
<br /> i thfs 8scuriry Instrument. If lendu Qetr�mines tlwt any part of the RopKty Is subject to�Ilen wtAch ms►y atlain priority over tAts � �•
<br /> ' ' Saauiry Inshument.Lander may givQ Bom�wer a notice Idendtyin9lhe Uen. 8orrower shol satlsty iht Yu►or Uke ons or nw►e o}
<br /> - the adlons se!tarth above withtn f0 doyo ot tltia qiving of nqtice. � ,T
<br /> ,1,�� 5. Hwrd or Proporty 1nsu�au�co. Borrawe�9ha0 ktep lhe improvements now ex(sUny w hereaRer erectad on ihe
<br /> , Property inaured �painet bss by bra, hazarde Induded wiihln the lerm 'exlended coveags' and any othK hazards, indudinp �`�'
<br /> ���,�' iloods or Iloodiny Iw which Lender nquires insumnae. Thls insuranco shall be meintained In the amounts and to►ih�periods
<br /> ` . ,.;.,�;�;,�1;� ihat L�nder requkea. ThB klBUfi11CB GAniBr pro��ding the Insurance shall be chosen by Borrower aubject to Lendu'e �pproval '•�
<br /> , which ahdl not be unreasonably wllhhatd. If 6c�rtowe►IaYs to maintein covwag� deacribed above, Landa m�y. �t Lena4r'a �r.
<br /> �',•;f:���';'• ' optlon. obUh covange to protect lender'a�igFde In ihe Property In accardance w8A pawgraph 7.
<br /> �;,� � AN Inautance poNdea and renewals ahell be aeceptable to Lender and ahall Inalude a atanderd moApape Gause. Lender `
<br /> ' shal have the iight to hdd the poli„-iea and renewele. If Lendw requires. Borrower sh�A prompty give to Lenda ap�ecelpta o1 ,
<br /> es
<br /> � � paid premiums�nd renewv notices. In tl�e evant of bsa. Bono�ver shep qNe prompt �otlee to the insurance cartN►md Lendw. ` .
<br /> ' Lsnder m�y meke proot ol losa N not mqde promptly by Borrowe►. '
<br /> Unl�as Landar and Bortowar otherw}ae agrae in writing.Insuance proceeda shall be appWed to restoretlon or repak of the
<br /> I . Propaty dunaged.H the re�taraUon or mpair is economically Ieasible end Lender's security h not lessened. tl thQ rcstoratlon a
<br /> � ' � rep�Y ia not aconomic�Ny te�sble or Lendere security would be lessened, tha Inauranu praeeds shall be applfed to the sums
<br /> s ' aecured by thfs Secu�r Inedument. whether or not Ihen due. wHh any excess paid to 6onower. If Borrower ehandons the
<br /> Roparty, or does not answar wiihin 90 doys a notioe hom Lenda thal Ihe Insunnce ar►ier h�a oNered lo aettle a cl�hn, then
<br /> ' : Lende► may aolM�et the insumnoe proaeeds. Lendar may uee the proceeds to repair a restore the f'roperty or to pay eums
<br /> � ssaxed by IMis Seeu�ity Inebument, whether or not lhen due. The 30•day period wfll begin whw►the notice is ghren.
<br /> � Unlesa Lrnder and Bomower olherv�foe agBe in wriling. any appucaUon oi proceeds to prindpal shall not exlend or
<br /> postpons the due d�te o1 the monfhly paymanta rufamnd ta in paragraphs 1 and 2 or chr�nge lh4 amount ot th� payments. II
<br /> ' ° unda p�nynph 21 the Property is anquhrd by Lende�. Bnrcower's righl to any Insuranco policles�nd proceeds rcsuidnp 1rom
<br /> � d�nry� to th� PropeAy plor to tNn �aqut�ilin� shnY pese to lmder to the aAant ot tM suma by tMa Security Inntrummt
<br /> — �---•— Ynmei�iMy prior to th�acqufaitfan.
<br /> _J o. a�ccupw�b7� rro'srr:�r�a.:w�. 'wu3:.�:w.:.� ..:.J .°:i..'���l.."�'•• •�I 1�. D.� Ae_..._w__M_.'a In_n
<br /> --- �----- --- ; APPIIC�101fi L�iphOldt. BornowAr ahnN occupy.eat�blish.�nd uae the R'opertY�a Bortowei� princi{wl realdence withln
<br /> • ' ' � ; sOAy d�ya �Rr the aewUnn ol thln Secuifty Instrument and sh�N continue to ocaipy tAt RopMy as Borrower s pindpal
<br /> ►�nid�na la�t IMat one ywr dlar Ihe Aota of ocap�ncy.un�esa Lender otharvrlse aqr�ee in writinp, whlch cansent shep not
<br /> b�unrwon�y wlThheld,ar un{aoa extenuptlng dreumaunee� e�Ist which aro beyond Bortoweia control. Bomower sha�not
<br /> !. , dR,voy,d.mayo a rnp�r the aroPony.eww mn P.operey 10 dekdo�a�e, a c«►tinn w.sle ai lne Property. earow�r shal ee In
<br /> � ; t ; d�fwlt M�ny fa(eiWnt��lion o�prooeeding. whelha dvJ or c�nlnet, Is begun that in lender'a good faflh�udyment couW resull
<br /> , � in MA�IOpa o/ihe Propwy ar otherwlse matn�all�anpolr the Yen aeated by thls Securiry Inswment or Lender's saewMy intereat.
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