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<br /> _y� The Fundo �11 be hold in an ltuuitutian whoso dcporits are insurod by a fedcr�l a�cncy. lnstrumcntality. ar entity
<br /> (includina I.c�der�If Lenckr is wch an in�litution)ar in any Poderal Home L�wn Banlc.Lcndcr sh�ll apply the Fundr ta puy 1h�
<br /> � I Fscrew Itemx. l.endcr irwy nat cluupc Botrowcr for holdin�and applyin�Iho Funds,annually analyzing�hc escrow uccaunt,or..
<br /> vedfyin�the Eecmw ItemK,unlew l.en�ler paya 8anowcr intcrect on the Fundw and�pplicable low permftn Len�ier to mnice suah
<br /> o ciwr�e. H�wevor.Lcndcr mayre�uiro Bc�rrower ta pay A one-time ctwrge for an independent re�l eat�tr t�x rcpcxting scrvkr
<br /> ur►al by I.eiWcr in �Ymnonkin with thia 1�►an, unlGSg a�licable Irw pravlde+ niherwisc. Unlcss on ogrcement ig madc ar
<br /> • ".;��_ uppllcNble Is�w reyuinsa interc�t lo he puid,Lender shull aot be rcyuircd tu puy Bnrn�wer any int�rcct ur enrningR on the Funclx.
<br /> �;:� "r`�:4�" 8ortower und Lct�Jcr may ugrec in writing, hnwever.Ihot intercst siwll hc paid an the Fundx. [.ender shall givB to Bormwer.
<br /> '`•��;,::,_,,,, w111�+ut riw�Qe, un annual u�caunting aP the Fuixis. slu�wing craiit�wwi dehits to�he Fu►x1n arxl the purpose fi�r which e�ch
<br /> .:.. "�,g;;x.t,�.. dabit ta thc Funds wa.s made.Thc Funda urc plodged ax udditional saurity f'or ali sumg secured by this S�ur�ty b�.a�un�ix.
<br /> � - ..:,;,.:._ _.�•,�u�! U tho Fu�ds hcld by L.ender exceed�he umounts permiuod to be hcld by applicuble law. Leader shall acc�unt k�BoR��wer
<br /> z ` °'""'°`�'"'�:.°� for the eacess Fuixlx in a�:cordunce wilh the �equirements of upplic+�ble law. If the wix►unt of Ihe Funda huld by Lendrr ut rny
<br /> ��`� � ticne i�nat suificlent to p►iy the E.Kmw Uemr,when due.Leiuler muy so nc►tify Borrower in w�iting, und,in ruch cuu�HuROwer
<br /> � `�"y,_� � f:..s; ghnll pay ta l,enrkr the amount nece4wuy ta muke up�he deficie�my. BoRawer xhall make up the delicieney In nn mrxe ttwn.
<br /> .�•;��'.-• �• j twelve monthlY pnYmenta. at Lender's�ule dif:cmtion.
<br /> `�" �'• � �' Up011 (�AYnieR[i�i fpll qf�1 sums secureJ by thie Scru�ity In�trument. LenJe� nholl pramptly mtund ta Burrowcr any
<br /> ',��_.. Pwds hcld by Lender.lf. u�xler pu�ugruph 21, lx��lrr shull uryuire�ir sell the Prapeny.Lender, pnc�r�a thu ucquixiti�n��r�ule ,�
<br /> �'�-� � af the PropeKy,shull apnly any Funds heW hy l.ender at the lime nf ucyuisitiun or sale ux a credit agAinxt tiut sums securod by �:'
<br /> •'�. this Secu�ity Instrument.
<br /> , �� 'y 3.Applicatbn ot Paymeots. Unl��w upplicuble luw proviJes otherwise,ull paytnents received by Lender under p�rog�aphs
<br /> � • �:';:i'�+:4`. 1 an�i 2 shall be a lied: first. lo an ment chur e�due under the Note; second,ta arrwunts ublc unde� ry 2.
<br /> _ T � PP Y P�+Y � • PpY Pa &� '
<br /> ; : ,'�''•"��°'� third. to interest due; iaurth,to rinr{ due;und Iwt,la un late cluu ev due undsr the Nae.
<br /> ._ �'•�, �;';;�•.�:-,���.L P P� Y � •
<br /> ' � :����s"''+� 4.Clwrgesi Lietnc. Bonower sRall p�y nll taxec,ussessments, churges. fines and impasition.s utt�ibut�ble to tha P�v�enX
<br /> �. ���_�.:,�;W�'��.;;�,��;�4,��!± which may uttain p�forky over lhis Secu�ity Instrument, urtd leasehold payment�or gmund rent�, if ony. Bonuwer slwit pc�v �
<br /> •6;;:�•;•"?;':;.` ,.�.,�.,;;•.:. , .� these obligatioac in the manner pravided in purngraph 2,or if�wt paid in that m:uiner. Borrower tihal!pay them on tims dirertiy • Y�
<br /> �,"�":�`� % �,�� ��� to the rsai owed ment.Borrower shall rom U furnixh to l.ender all�x�tiaw of umoun�s to be u►der thi:�
<br /> '� ' � . ,•►�,,r;�:• P� PaY P P Y Paid P�s'&'�t'•
<br /> _.: Y • • ,�;j��:..rn if Borrowe�mnkes these payments directly,Borrower shall promptly furnish to i.endrr receipts evidencing the payment:►.
<br /> ��;��: � •.;;;.;.;:= Burmwer shull promptly discharge any licn which hns priority over thiti Sccurity la�;mement unlesx&xrvwer:la)�greey in „f,,
<br /> . � •, �.":•� y►c{ting to the payment of the obliga�fon sccured by�be lien in a munner ucceptabl�t to I.endcr;lb)conte�.w in gixid faith the lien
<br /> i by, or defcnds ugainst enforcement of thc lien in. Icgol pr�xcedings whirh in t6e I.endar'x opiniun o�x;r�ta to prcvent the
<br /> � :' enforcement oi the lien;or(c) securex from thc huldar of the lien nn agrecment sutiafactory to L,endar suM�rdinuting the lien to
<br /> this Secu�ity Instrument. if l.ender daterniincs Ihut uny purt of the Propeny is Subject to n Ii�R which mny a�tain priority over ,��:�
<br /> this Secu�ty lnr•trument, Lender muy give Borruwer u miticc identifyfng the lien. Borrower siiall satisfy the licn or�nke onc or
<br /> S � • tnore of the uctions set forth above within 10 Jays of the giving of notice. :•
<br /> S. N�rd or H'o�petly la4urance. Bonower shull keep �he improvementx now existin$ or hereaGer erected on �he
<br /> � - Propeny insured aguinAt�luRS by fire, huzurds includQd within the term "extandud cuverage" and uny other hwanls, including '`�
<br /> ` floods or flooding.for which lxnder reyuirex insuranee. ThiK insumnce shtdl bc muintaincd in the umcwnts anJ for thr periuds :•�;
<br /> � • � — —'- thut l.endar requires. ll+�e insurance carrier proviJing thu innur.u�ce shatl be chuu�n�by Burro�var subject w i..encicr's Appruvui
<br /> ,i,'. ;;, � ����-• which shal['na be unma��onably withhald. If&�ROwcr i'�il�ta main►•rfn roverage deMribed abnve. I.ender may, +�t Lcnder's
<br /> �� • ' '�''•::. option,obtain covemge to prated I.ender's righ�a in the P�vpeny in accordance with poragraph�7.
<br /> , . �•����,n�,,�; All insurunce polici�s und renewalw shali be ucrep�obk to I.cmier ond �hull include u siundurd mongage cluuse. l.ender
<br /> shull have the right to hold the pnlicies and renewals. 1 F l.rnder require�.Q��rrower�hull pr��mpUy give tu [xnder:�II reccipts af
<br /> " ;, �uid premiums and renewvl nnice:�,ln th�evem of I��s,Burrnwer shall give pmmpt no�ice to the msurance carrier und Lender. z,,-
<br /> ��;'•. .., . � ��� l.ender may make pmof of Inss if na mude pmmpdy by Burrowcr. f,s!:
<br /> ,;��,... .!, Unlcnw Lxnder und Bormwcr�xherwisc agrcc in wrning,inr;urancc pnxceJ,,h•rll t►c•rpplivd ta rc�aloradon�x rcpair uf Ihe
<br /> ���� ,.�,� . . Propeny dnnwged,if the restoration or re�ir i.ec�m��mirully fauxibtu and LenJer'ti sccuriry n not lesxencd. !f thc reslorution or
<br /> • repair is not economically feasible ur L.ender's,ecuriry would be Icsrened, the innurance procceci.r•shall be upplied to the suma "
<br /> .�i . ���!•��r, secured by this Security In�trument, W�hether ur i�o� then due, with uny excchs puid to &►rrower. If&vmwer abandans Ihe ,�;`
<br /> r; ::.. • , ", P�vpeny,or does Mn anr:wer within 30 days a nutire frum Lendcr that the innuranrc r�rrier has i�ft'ered to settic a rluim, thcn :
<br /> ,�'r'��" � l.ender moy collect thc in�urancc pnxeeds. LenJer may use the pmcec�ls to npair ur rthtorc �he Propeny or to pay sum� �`t
<br /> 1 C � secured by this Security Ins�runxnt,w•hcthe���r not then due. The 30-duy peri�xf will t+egin when the nwice is Fiven.
<br /> �. .� J�.
<br /> ,' �'•�'.;',.'� Unlexs L.enJer and &►rrawcr n�herw�ise ugrce in writing, unc uppliru�i�m ��f prixcecis �o principal shull n�n extend or �P
<br /> � • �;:'' sl ne the duc datc of the munthl a ments rcierrcd t�� in ara ra h. 1 anJ 2 or rhan �thc c+m�wnt of the r nxnt�. If "�`�
<br /> , ; P� P� Y p;)' P F'� g• P.�.
<br /> � onder paragruph 21 thc Pn�perty i+ucywred by l.cndrr, &�rmwer'x ri� I to ;�n� in,urance policic�and prcx�ds rr.ulting fron� ���
<br /> � damuge to the Property p�ior to�he ucqui�ition+hull pas.to l.cndcr to thr ex�ent i�f the wm.�ccureJ by�hix Security In.trunxnt �?�"
<br /> ' • %��: ' i�nn�diataly prior tci thc arquisition.
<br /> ".`� �'� ' 6.Occupu�y.Prece�wAtion. Afaintenancc and Prntertion of thc Prnperl��:&�rrowe�'�I.+jan Applk�atian;Lcaseholds.
<br /> ����,� ' '• `• Bom�wer shull�kcupy,e+tahli�h,pnd u,e thc Propert�•ax&xru��•cr',prinripal re�id�nre within�i.rty Jays•rtier thc executiun�it' "'
<br /> ,. , this Security Instrum�m+�nJ xhall rantinuc ta urrupy thc Propeny ati&�rrower'.prinripal rc�iJenrc ti,r at Icu�t one yrar vl�cr :�.'i�
<br /> ' thc da�e��f�xcupaixy.unlcss I.cndcr othcrwi.c,��rrc.r in u•riting, which rnnscnt�hall not tk unrca�unubly withh�IJ, ur unlc..
<br /> . exlenuuting circum�t�nces exisi w•hirh ure M;yunJ &irn►w•cr'. cantn�l. &►rr��wer .hull not d«troy. J•rmu�r ur impair Ihc
<br /> � , Pmpe:rty.ulluw thr Pmpen�• to dctcri��ratc. ��r c��mmit wutitr an thc Prapcn�. &►rrowrr,hull tk in def•rult if•rny tiirl'ciwrr r .
<br /> uction or pr�xceJing, whcthcr ri�•il ur rriminul,i.Ikgun lhat in Lrndcr'.g�xxl failh juJgmcrn riwlJ rc,ult in ti�rl'citurc of�hc
<br /> � Prupcny or uthrnvisc muteri•rlly impair thc licn rrratcJ b�•this Security Inxtrument�►r Lcndrr'+.rruril��intcre��. &►rruwer nwy
<br /> cure xuch u Jefaul�und rcimrr�c.a,pruvidcJ in par�graph I R.h��rau�in�t th�arliun�ir pnxrrdin�ta Ix Jismi»aJ w•ith a rulin�
<br /> ' that. in lAnder'� gixxl Iui1h Jeterminati�m. prcrludca f�,rl'riturc uf thc Fk�r����vrr'. intcr�.� in the Pru�rt�• ur ��Ih�r mut�rial
<br /> ! - ' � impairmcm ot'Ihc Ikn rreaatil by thi. S�turily In.trumem i�r Lend�r'� .rcurit� intere,t. B�+rra��•cr .h:►II al.o hr in Jcl'ault it' (
<br /> � BoROwcr.during the kun•rppliru�iun pnkc...ga�r mutcriall� fal�r or inarruratc inti�rmuti�•n�,r +�atenknt,�o LrnJcr�ur tailcaf �
<br /> ,�•"'; . tu prc�viJe Lcndcr�vith any m�tcrivl inti�rmution►in runnrrti„n��ith�hc lu•rn c�idcnrrd hy the f�iut�.inrludin�:.hut nut limit��i �
<br /> ��� '�l�" tu,re resentatiun.rnnccrnm• &irrawrr',�kcu .�nr}•of thc 1'ru m a�a rinri rl rc.iJcnrr. II'thi. 5►rurit} Imlrumcnt i� un:�
<br /> ,�},:�, P 6 P� Fk P p' .
<br /> 1�,,,, leusehold. Bam�w•cr ,huU rampl� �vi�h ;dl the pr�►�i.i�m� uf �hr Icu.r. If F3�,rru��rr acyuireti fer tide a, thc Pn,�en�. �hc
<br /> , . •�,::��, ' � Ieasehold and th�fcc tillc .hall iH�t roergc unlc�.LenJrr�Er�ti+a,thc mrrgcr in��ritinr. ,
<br /> � 7.Pmtea�tiun oP I.ender's Rfuhts in thc 1'roperh.II l3urr����rr tail.a��xrti►�m the co�•�n:mts und afr�rm.nh runt:dn�d in
<br /> :-�;;`�' this Sccuri�y In.lromcnl. ur thcrc i.a Icgul pnkrrding Ihr1 nt�)• .i�mti�untl� aftirl l.rnd�r',ri�hl. in�h� Pr���xn� �wch a�.�
<br /> t � . . �� pra�eeding in bankruplcy.pn�bute. ti,r r�,ndcmnuti��n or ti�rl'citurr ur ta entittcr law�.ur rc�ula�tional. Ihrn LcnJrr nwy d�.anJ •
<br /> •� ' Qny for whAtever i.n�tr,�•rry d►pm��wi ihe �alur ul'th� Proprm� anJ Lcndrr'�ri�tht� in thc Proprrty. Lcmlcr's actinns nwy
<br /> `�_��� �nclucie t►�vinst auy ,ums �ecured b�• a lirn aliirh hu. priority a�rr dii, S�tiurity In��runxr�t, ap�x•rring in roun, payin�
<br /> '�_ � re;uonublc�uu�imey: (CC�:ItlJ cntcring an thc Pm�x:n�•1u m+�kc rcpuin. Although Lendrr may lakc:riU�m undcr this paru�;rapl� �
<br /> . 1. ' 7,Lenikr d�ks not huvc t.�do,o.
<br /> , Any amount. disbun��l by lwnJcr undrr �hi� par�Eraph 7 .hull Intiumc adJitional dcht ot' &�rc��wrr .crunJ M �hi�
<br /> , Securiry Instrument. Unlc�.&►rrawrr nnJ LcnJer u�nr 1u uUi�r t�rni� uf pnytnent. thcx�m�wnt+ ,hull txar imcm.� fru�n ihr
<br /> � date of Jishunement at thc N�ue ralc and shull I+c puyahlc, with intcrrtit, u�xm notirc t'ri�m LcnJrr lu &►rruw•rr r�quc.lin�
<br /> ' � puyment.
<br /> ! , 8. llfott�c IaKUra�xc. If Lc�xtrr myuireJ marl�a�c in.urunrr a.a runJitiun ot'making Ihc laun.ccund h� thi.k�uril�
<br /> '. • � � ` In►lrument. Ei��m�wcr shull pay thc premium+ reyuir�tl �u muinluin thc mongag� inwrrn�r m effcrt. II'. ti�r om rcaum. Ihr
<br /> ' j� mnrt�tu�e imuan��e raver,�gc reyuittYf hy Lcndcr lapK���r cc•r.r��u 1+� in ittert. &�rn►a��r ahull pa� tln pnmiuiii.reyuired i��
<br /> ' � ubtain rovrrugc �ubswntiully �yuivulrnt t�+thr marlgu�;c in,urrncr prcriuwly in rffrrt. at a ru.t .uh.�antiull� ryui�alrin tu�h�
<br /> 1,' � . rost ti► &►rn�a•er uf the nwn�tnge inw�rnrc pn�•iau.ly in cffrci. Irum an ahrrnatc munKage in,urcr appru�rJ h} l.ri�lrr. 11
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