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<br /> . �.�.�;�.;� '' UNIFOHM COVENAt�TB• BortowK aid Und�►oovuw�t�utd�pn�as toMowc Bo�oww�h p�y wMi dw tlM
<br /> � . .:'`..� , .�a;� 1. PMn�nt d Prinolpd �nd Int�� P�P�Y��nt�nd L.M�Chu�. �
<br /> ,,. •• .�� �� prbaipd d�nd InUn�t on tiw d�bt Nldw�ad b'!►!h�Nato�rM�ny pnMYnMnt�nd I�b ohRrpw dw undw tM Not�.
<br /> . z. Fund�for T���nd Inwr�a�. sub�ot co.pp�o.et.yw a to.w�tan wain► ay�.na.r.eo�ra�vw.b�r wr co und.r on
<br /> �'�� . , ��, . n 1M dry ma�nthy Pryn�nu�n dw undw�th�Not�,untN th�Not�M qkf In IW��wm ('F�')�W Y�Y hxM�nd n��whbh
<br /> ,, � IMS�hdd pynwib a pamd�U on th�RoMdy.
<br /> ;�; .::. .•, = n�y�In prlodly ow►thl�S�ewNY In�bwmnt u�iMn on tM Prop�Ay; (D) Y�rtY
<br /> ,�-�..... �_ .. -' �. M�nY(o)Y�Y�4 a P��y Inwrano�pnMunn:l�Y�N Ilood Inwr�prwniumi� U my;(a)YwtY maKp�oo Inaurano�pn�nlum��
<br /> . �,�, M.ny;a,a(�.ny wms p�y�bM bY eonoww ro L.nd.r.In a000nl�na wNn tn.provl�ioos of pn�nph e,In wu a th•wrn�+ot mortp�o�
<br /> .,.: '''`' .�'':. :•,e � Inwnnc�prwnium�. Th�qrnu w at�d'E�ow Itwn�'. L�m�y,�t my tirr�� aoNat�nd ho�d Fund�in an�maum�al fo a�Md
<br /> , � .. th��m�mount�Nndw fa�Nd�wly►�Mbd mortp�lan mq rrquN+tor Banaw�� waow�aaount unda►tNa t�cl�r4 R�I
<br />;:.;��1 : �. E�hu S�tWnwnt Proa�duns Acl of 1074 u�nMnd�d trom tNn�to ttm�. tII U,8.0.�260� M �p. ('RHSPA')�unNns�noth�Iww th�1�pplMs ta
<br />°� ° ' � tM Fund�sa�s�IasK�r�oun� I1�o�L�nd�r nMy�u�rry tirt�, coMal�nd hotd Fund�in�n�nouM nM t4�co�d IMa lar�unant. Lmd�►
<br /> •,,;Y;, q::` , .1 ° mry aUnw�U th��mamt of Fund�dw on N�bub of apnnt dda rid rwawbt��stYnqes af�xpendqura ot fwur�E�aow N�mi or a1hl�
<br /> _. ` ', r . " ` In acoordma with appNwbM I�w.
<br />°' '' ;�,�,; :
<br /> • Th�Funds shaN b�hdd In �n Insikutlon whos�d�po�ps�n In�wrd by a f�d�nl�p�n�. YnbvmentNqy.a witily(lneludinp I.�nder N lmds
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<br /> ,�,;'' � •�` „ Is woh an Instltution)ar tn any F�d�rY HonN Lo�n B�nk. Lwider�hY�pply lh�funds to p�y Ihe E�crow Itame. Und�r may not ehluge
<br /> , 8ortowa fa holtl��p md�pplylnp th�Funds��nnwM�n�ly�(ny the aerow�ccount a ve�M�Anp the Es«ow Item1�� unless Undr prye Qo�rowK
<br /> .� • , �..�.. int�nst an th�Fund��nd appNe�bte bw Pwmits Undw to nWc�wah� chuqe. How�var�Lwider m�!►nqWra 8orrowqr W WY� aiedim�ehWe
<br /> ,,�;.,:- . . <.s _ fa�n ind�pmd�nt rMi esht�fax►�ortMiO a�us�d by Lw�dar in�ctlon wflh thb bwn�unlas�ppac�bie 4iw pravkks otb�wise. Unias �!
<br /> • �n�ynmwnt Is m�de or�ppAcabt�hw nquira tnteroet ro bs P�M, 4rreYr aMiM not be r�quir�d to pay 8ortvwer anY inta�t a�amM�9s on Uw ���;` _-
<br /> �� • � Funds. 8ortow�r�nd L�m�y�yrM b w►idng,howwM.th�t intrat�h�N bs pNd on Ne Funde. laider ahW pirv to Borrower�wfthaut
<br /> �� � eMirys,an�nnwl�ccountiny o1 the Funds showfnp cr�dits�nd d�bN�to the Funde�nd the purpoe�for wh{ah.aioh d�bit l0 1M Fund� � .
<br /> ' ��� " � � was m�d�. Th�Funds an pkdped a��dditlon�l�ecudty(or A aum��eared by thi�Seaurity NeWment,
<br /> � ' • H th�Funds hetd by Lender aceed th�amounis p�nNtt�d to M held by�ppAoabl�law. Lander shap�ccouM to 8orrowK br the excas '��n' `
<br /> ' �� . Funda In�ecord�nc�wqh th�nquk�nNnts of�ppYc�bl�hw. II ih�rnount o1111a Funds Aeid by L�nder 1�t�ny iMf1e Is not eulldeM to pty the "�� -
<br /> ' . . Esaow Ilwns whan dua,Lender may ao notly 8ortower In wdtln0.and, In suoh cas�Borrower�hrll p�y to lender th��mount�ry w�
<br /> • up lh�dnlalanay. 8orrower�hd malt�up the deflclrnaY In no mon th�n twelw marth�Y PN����t Under's soN dscntlo�.
<br /> Upon paymant b fup of W wms Neund by thb 3�cudty Instrummt, Unde►sh�l promptly nfund to Bortow�r any Fund� h�ld by Lender. H
<br /> unda�parayraph 21, Lendr ehd�equtn or��Y th�Prop�ly,Lmder,prior to ths�equhidon a als of ths Property,sh�N�ppy�ny Fund�hdd
<br /> •
<br /> by Lsndar at th�dme ot�cqulsidan a sW�s�cndi►�Winat the aums ��cund by lhis S�curily Inebument. �
<br /> —T =_–__ 3. ppplic�tlon of P�ym�nb. UnNss�ppAc�bN I�w provida anerwae,�p paymente reaived by Lmder uaaierµ�'a�a�.hc i anC 2
<br /> , sh�l��ppiied;f4a1,tu�ny pnp�yment chuyea dus undx ths Note;aeeond,to�mount�payaWe unde pAmyraph 2; third,to htwnt due;
<br /> ,� ', fouAh,to principd due;�nd I�st,to any late charpea due under the Nob,
<br /> � 4. Chu��s; UOns. Borrowar shal p�y�II t�xea,�aeeaaments, charpea,flnes and fmposiUona�ttrUoutabk to the Propay whioh mAy .,�
<br /> 0
<br /> att�ln pdority over lhis Secudty inatrument,and le�aehold p�yments or yround nnte,fl�ny. Borrower ah�A pay iheae obGp�ibn�fn ihs mannK '��v
<br /> • . ' ' . prevlded in puaywph 2,or H not pdd in tMt rt�nner.9ortowe►ahap pay them on tlme dkect�y to the peroon ow�d p�yment. Bo�ow�r ah�ll '��
<br /> '� promptly lumish to Landu all noUcea of�mounts to ba p�ld under thle puayiaph. If Borrower makw thase ppyments dlncly.8ortower =�
<br /> ;!' shaN p►omptly fumish to lander recelpts evidencing ihe p�yments. '
<br /> ��,� � Borrower ehall promptiy dlsch�rge�ny Ilen whloh h�a priorily ovar thia 3aaxity Mstrument unlasa Barrower. (a)�yrees 1n vvdh9 ro the pay �
<br /> {' � maM ot tha obUysdon secured by the Uen M a manner acceptab�e to Lender. (b)contests in good 1�ith the Nen by, or detends�aimt entoreement I
<br /> p(ihe pen In,legal proceedinps whieh In the Lender's opinlon aperah to prevont the enforcernent ot the pert;a(c)�ecures hom th�holdx oi tha �,
<br /> 1 Nen�n�qrsMnent aAtiefadory to Lender aubordinptlny the Ilan to ihla Searity Insirument. M Lender determines ihat any pad d Ihe P�opeAy ia R
<br /> ��.,, aub�eat to a Il�n which may attaki prioiity over this Seeurity Instrument Lander rtwy qhre Barowe�a notice IdenlHyiny the Uen, Bonower shoU E
<br /> � , . I tatbfy ihe Ilen or teke ooe or more oi the ecllons aet foAh above wBMn 10 d�ys of the qMng oi notice. .
<br /> 5. Hasard or Praparty I�aunnce. Borrower shAll keep Ihe Impmvements now e�Hny or heraafler ereqed on the Praperty inaured
<br /> '� � �galnet loas by itre,hazarde Ineluded wHhin the tem�'exlended covewpe'end any other Mzarda, inciuding Iloodo ur floodinp, for wldch Lendcr ,
<br /> requlres insurance. Thia lneuranco ahall be malntalned In the emounta and for the periods Ihat Lender requlres. Tha inaurance e��rier providing
<br /> • � � the Insurance ahall be chosen by Bortawer aubJect ta Lender'e epprowl which ahall not be unro�sonably withheld. II Borrower Yits to malntain
<br /> � coveaqe deauibed above. Lende►may,at Lender's option,obtain coveraqe ta pratect Londe►'a righle in Ihe Property In accordhae with
<br /> . i paraqraph 7.
<br /> ! • All fnaurence poNdes and renewals shaU be aeceptable to the Lender and ehell include� atandard mortgape clauee. Lende�h�M hava tha
<br /> � right to hotd the policlaa and renewala. If Lender requlrae,Bortowe►ihaN prompty 9ive ta Lender all recelpts of paid premtuma nd Mnewal
<br /> . noUeea. M the event ol bsa. Bairower ahaA qiva prampt not�e to Ihe Irnuranc�ar�er aM Lander. Lender may maka proof al bse B not made
<br /> • � , prompUy by BoROwer.
<br /> : �` � Unleas Lender and Bwrower othervvlae egree In wriling,insurance proceeds shdl be applied to reatoralion or repok ol the Ropedy dam�ged.M .
<br /> � ! ' tha reatoratlon or repelr la economicaly lesalble end Lende►'s securiry Is not leasened. If the natoratlon or repair ia not econo�IcaMy feaalbte
<br /> • . ' or Lender's aecurity would be lessened, ihe Insurence proceeds ahap be oppAed to ihe sums secured by thls 3ecu�ity Instrum�nt, whether or not
<br /> " • then due,with any excesa pald to 8onower. N Bortower abendona ihe Property,a deea not answer within 30 deys a notlee kom La�der thet the
<br /> �,� Insu�ance esrtier hes oHered to aerile a claim,ihen Lender may collecl ihe inawanee proceeds. Lender may uae the proceeds b repair or reatore
<br /> � the Prapeity or to pay sums aecured by thia 3ecurfly InsWment,whelher or not lhen due. Th�30•dey period wiA begin when Ne noUce la givan.
<br /> .:" , ! Unless Lender end BoROwer othervviae egree In writing,eny eDpllutlan o1 proceeds to principal shell not extend a posipon�the due dete
<br /> ol the monthly paymenta reier►ed ta in pereyreph 7 �nd 2 or change the amaunt ot the paymente. II under prragraph 21 the Propeity ia
<br /> � � � � acquked by lender,Borrowar's dght to eny insurance poYdes and proeeeds resuqing nom dam�ye to the Properiy prbr to the�cqulsition
<br /> �. . shW pasa to Lender to the extent of the suma secured by this 3acwily Matnment Immedwtely prfa to the acqulaidon.
<br /> w___._�_�_ �� A...It...�iww
<br /> + 8. Occupancy, Pra�arvation, Maintonanc� anai Proi�ciion o:in: �ivprnyi ov��an���a�w.:^rr'•w••"'•;
<br /> ' { I,Qwoholda. 8ortower shaU aooupy,eStpbll6h,and use the Properly aa Borrowe►'s p�inelp�l realdenee within alxly days�ftK Ihe exacuUon of
<br /> . � �
<br /> ihis 3ecurfy Insttumenl and sh�p conUnue to occupy lhe Property aa Bortoww a prindpal rosidence lor�t le�et on�year Nler ih� drie o1
<br /> , ;� ocwpanny,unlees Lander olhan+ise prees M writk�g,which consQnt shall not be unresaon�by withheld,or unlesa uctanuatlng dreumstances exlst
<br /> . � wMch ue beyond 8orrower'a cantrol• Borrower ahnll nol destroy, dunaye or Nnpair ihe Properry. �Ibw Ihe Praperty to detMoale. a oommit
<br /> � . � �' wetla on e PropMy. Borrower shul be In detauR It eny torlelture�ctlon or proceeding,whalher civll or cNml�al, Is begun th�t In Lender's yood
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