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<br /> � �, �� • TOpETHER WITH M ih�MnprovMn�nl�now or h1n�dM K�oUld on Ih� p►opMty,�nd�N waemmis.�ppuA�naw��nd I .. -_.!.
<br /> ��' � �Aur« now a hwMlt��p�rt ol th�propKly.A� rpUa�nls�nd�ddlUon��h�M�Iso b.oovK�d by thb S�writy In�trwn.nl. k
<br /> � ' N ol tM 1an0�M�Y 1�nNmd to In��,s.a�y�.aw�.nt..�h.•�op.ny.• F
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<br /> ;i, ; 6QppO1MER COVENAMB thut BoROwK b kwluly edsed al lh� N111� ha�bY Gonvell�d 1u��hlia the dpht to gnlnt�nd
<br /> ; ; ; opw�r!h�pro�s�rty�nd th�t th�Propwtlr Is unMaumb�nd, ac�Pt t« �a+mb��^� ol naoM. Bortowa wWr�nn and
<br /> ',�. � tt �N d�Ms�nd dM►wid�,wbNollo �ny �ncumbtanea ol ncord. .�,;.,�
<br /> .. w■dMwid p�n�n1Y Ih�tfd�to th�P►op�ty O�In �
<br /> ,,. � 7H18 SECURI7Y INSTRUMENT combin�s unNam eov�nt� la n�tlonal ut� �nd non�unifam covqn�M� with
<br /> ,�'�:� J Inihd whtlons by Ju�isdclian to condltut�� unNorm��curlty In�wmmt cova�Yip rMl proputy � .. ��
<br /> ' i UNIFORM COVENANTS. 8ortawr�nd Lend�r�ovenant�nd�pne�s 1oNorrs:
<br /> y,: . i 1.Paym�M of Principal �nd Intoraa4; Propaymant and Lat� Chargos,�d �t•ch.rpsPs�dui unda thn .
<br /> L�. I dw ih�p�YidpN oi�nd Int�reit on th� d�bt �vld�nc�d by ih� Not��nd�ny P►�WY�� �,
<br /> �: i Nol�. �
<br /> tig�. Z. Funds for Tax�s�nd Inf���u d�r ht�No��unl'A 'th Nat� la pald fn lufl,a sum(Funda�)for�(1 Y�Y ,
<br /> �l, w�.nau on th.a.y nwnihN wm� :
<br /> f�as uid aatatments whkh m�y tlWn PrIoiNY ovK this 8ewrfty Inatruma�t u w INn an the RcPa�Y; lb)Ye�hi leatehold �
<br /> i�� . p�y�lMnts or qround r�is on th� PropeAy,II +�y; (a)Y�Y hmrd or propeAy Inwrancs pr�xuma: ldl Y��Y�a�InsurAnc�
<br /> i ��, w�ny;(�)yMrly moAp�pe insunnce pnrnMrns,II�ny;�nd m any sums p�y+�bt�by 8artawa to Lender M eoao�dnnu
<br /> � wNh tM provislons of puapnph 8.tn Ysu M th�payment of morty�p�ineu�nee pnmlums. Theas ftwns are a�Med 'Evorow F.. ,
<br /> � It�mi• Und�r m�y, tl�ny tkn�, coNeet�nd hotd Funds In m amount not lo exc�ad th� m�xln►um unaunt+�Under Iw a ;
<br /> t�dw�Ay nl�ted moAy�ps lan m�y requka lor Borrower's escrow�ecount und�r tM 1�leral Rewl E�ule Seltlamant R�or,�durea �
<br /> Aot ot 16T4 rs�mandad hom time to time,12 U.9.C.�2801 et seq. ('RESPA'), wYess�nolhu� law ihat applfes to the funda r
<br /> u
<br /> s�ts �I�saK amoun4 If so, Lender may,�l ury time, coAect and hdd Fund�In m amount nat to exded tha le�ter amount. •
<br /> :• ,: l�nd�r m�y estNn�ta the �mount of funds dus on the Wels of curr�nt Wu and raconWt�esttrn�tw o1�xpendfDUres cf lutun ,.,�.. _,
<br /> . , E�aow ftama a othMwise In�eeordance wflh �ppUabte I�w. �, , ,
<br /> Gf .••..._i�_..._
<br /> � Tho Funds�hsN be hdd In en Inatqutlon whose depoalta ora insured by a ledenl apency,insvummtally, a mtity;Indudinp ; .,�Y,
<br /> Lmda,q Under Is euch an Instlludcn)or fn eny Fadaal Home Loan Bank. Unda shN eppy the Funds to pay the Eaaow ; �;,-.. �.
<br /> ��� a Ihms.Lander rn�y not ch�rye Bortowar far hol6np �nd aPpyinp th�Fund�,�r�nua�y�nY�k�V the eaaow account, or ve�ilykip � .
<br /> �' ;� the Eeaow Items, unleas Lende► paya Ba►owK intaeat on the Funde �nd�ppYeabb law pertnfte Landar to mnke such � -
<br /> •• q�a. Hoyvever� �ender m�y roquiro Bortoww to p�y a one�qme ehuqe for�n independeM real ealate Wc reponinp aervlce :. • ,
<br /> � uwd by Undw� oonneetion wNh lhia lan. unlees�ppNabls I�w provldes otherwhe. Unlesa an apraemant I� trMd� or ;•. • ,
<br /> �ppyc�ble Irw raqukes intaeat to ba pdd, Lender ahM�ot 6a required to p�y Bortowe►wny Intereat or eaminys on ths Funds. ���,
<br /> �ay� �d ��� �yy epre� In wrifinp, hawev�r,Ihat Mterasl ah�N bs p�M on the Funds. Lender ahsll yive to Borrower,
<br /> wNhout chuys,�n annwl�ccounUnp of ih�Funda, �howkip uad�ts and d�bNa to Ihe Fu�ds and the purpose tor whlch e�ch �g
<br /> d�6N to th�Funds rr�s m�de. The Funds u�pMdyed As�ddUonN s�u�lY�a ul wma aear�d by Ihe 3ecurtly lneWmant. '�P"
<br /> d 6N
<br /> H th�fund�held by Lenda exceed the �mouMa pe�milted to be held by�ppNeeble law. Lender shaM�acount to Bor►ower ''!►�
<br /> tor tM exops Fund� in accordance wNh the requi►ana�ts of eppYc�bte kw. 11 ths Mnount ot Ihe Funds held by lender�1�nY
<br /> tlm�b noi aulAclent to pay the Esuow Itema when due. Lender m�Y eo �o1Hy Bonowe►In wdU�g. md. In auch caae Borrower
<br /> . sh�N p�y to lender the amount nec�esary to m�ke up th�deAd�naY. 8ortowa►ah�N m�kw up Ih� dNickncy in nq man than �
<br /> • • 1wNw monlhy p�yrr�enta,at Under'a aole dlacretlon. .
<br /> (' • Upon psyment In 1uN oi aR sums eecured by thla Security Inetrumant, Lender ahall prompthr relund to Bonower any .
<br /> � Funde held by Lender. fl, under penyraph 21. Lender ahall�equire w aeN the PropeAy, Ganda�,prlo►to lh�acqutaflion a nale
<br /> � ol ih�Properry,ahaN apply�ny Funda held by LendK�t thr Wn�af acquieflbn a saa as a uadit�yNnst the suma sacured ,
<br /> by thl��Inatrurt�ent.
<br /> 3.Appl catlon of Paymont�. Unlesa appNcoble law provides othe�wiae, aA payments received by Lender under „
<br /> praprqsh�1 and 2 shdl be�ppNod: Ikst,to sny prepaymcnt chAr��- �/�rw�inder�he Note; seeond,to ameunis paypbla undar �
<br /> p�rapnph 2;third,to Intereat due;fourth,to pdncfpol due;and lest. to any late charQes due under the Note.
<br /> 4. Ch�rgos; UYn�. Borrower aheM pay all t�xes, esaeasments. ehergea. Men and Impoeitlons attributable to thA
<br /> Propuly wh�h m�y ott�ln priorily over thia Saa►i1y Inst�ument, and leyaehold p+yment�s or yround reMO, N �ny. BoROwer
<br /> rhN p�y tMas obllpsUons In ihe manner provided in paroqreph 2, or II not pNd in th�t mennw, Borrower thell p�y thNn on
<br /> Um�dk�athr to the peroon owed p�yment. Bortower ehatl prompllyr fumiah to Lender a4 nodass of�mounta to be pdd undK
<br /> m .
<br /> thts puayraph. If Bar►ower m�kai thne psym�nts directy, Bortower sMp prompUy Iumieh to Londer naoipte �vW�ndnp , ,
<br /> , �n.wrn.��.
<br /> Borrower shall promptly diochsrge any Ifen whlch hea piiority over this Securily Inanument unless Borrower. (�)+Orees
<br /> � , , In wddnp to the payment of the obllyatlon ascured by tfie Nen U� mennK eccopUble to lander, (b)conte�ta in good f�ith the
<br /> Nan by,or detenda�qalnat enforcement of ihe tlen in, leqal proceedlnps which In the Lender's opinion operrte to prevent
<br /> 1 ihe enforament ol the Ilen; or(c) sec�xea from tha hdder ol the Ilan an�preemenl satlelaatory to Lender subordlnaUnp the
<br /> Wn W thie Security InsUUment. N Lender detemihea th�t my part o1 the Property is aubJecl to a Men which may atleln prlority
<br /> � over lhls Security InaWment, lender m�y 9ive Bortower e notice IdentHylnp tha Ifen. BoROwer ahall sallsty the Uen w take
<br /> , ; one a more of the sctiona aet IoAh ebove withln 10 daiya of lhe giving ol notice.
<br /> 6. H�zard or Property Inaunnca. Borrower ahall keep Ihe knprovementa now exlating a hereafler erected on the
<br /> � Roperty Naured�ydnat loaa by�e,hezards Induded wllhln the term 'exlended coverege' and eny othar ha7.arda, includiny
<br /> pppd�pr Aoodinp, lor which Lender requkes Ineurence. Thla Inaurenee ahaM be meintalned In the amounla and for the perloda
<br /> that Under requlrei. 1'he Inawance cartler providinp the Inaurence shaM be choaen by Borrower sub�eCt to lend�►'e opprowl
<br /> which�haA�ot bs unmesonebly wflhheld. tf Bortower f�ila to malntaln coverage deacHbed abovQ, Lender mpy, �t Lender't
<br /> epUon,obtNn covenge to protect Lender'a righis in the Property In eccordance wlth parpgroph 7.
<br /> AA imunnce policlea and renewela ahell be ecceptable to Lender Md shall Include � atenderd maAgaye clauee. Lender
<br /> I �h�ll hwe the dyht to hotd ihe polldea end renewas. II Lende�requlres, Bortower shall proroptly give to Lendar all recelpts ol
<br /> p�W pramlums�nd renewal notices. In the erent ol loss, Bonower sheN give prompt not�e to the Insuranca carrler and
<br /> i Under. Lender mey meke proof o1 loss N not m�de prompty by Bortower.
<br /> Unleas Lender and Bortower othervvlae apree In writing. Inaurance prxeeds ahall be�pplled to reslorelbn or repak ol
<br /> ihe propaly dNnaged, H ihe restoratlan or repak Is economicatly feaaible and Lender's security Is not tesaened. If ihe
<br /> ratoration or repak la not eeonomk,alry feasihle or Lender's aeeurfly would be lessened. the Insurenoe proeeede ahall be
<br /> appMed to the sums �ecured by thi.s 3ecuilly Instiument. whether or n�t Ihen clue. wllh any e«eess pald to Bonower. II
<br /> Bortower ebandons the Property. or does nol enswer wdhln 30 deys a ndice Irom Lender that tho Insurence cartier haa
<br /> offend to aetlle e cleMn. then Le�der may collecl Ihe I�surance p►oceeds. Lender may use Iha prooeeds to repev or
<br /> � . nston the Property a to pay sums eecured by Ihia Security Inatrument. whelher or not then due. The 30•day perlod wiY
<br /> bpNi when the noUce Is given.
<br /> Unlaes Lander and Borrower otheryvlae agree In wrNing, any eppYcetion d praeeds to princlpal shell not exlend or
<br /> poslpone lhe due date of the monihly paymenta relerred to In paregraphs t and 2 or change Ihe amount ol the
<br /> �I� �J ���.4
<br /> � paym�nis. M under peragreph 21 ihe Property�s eCqU�1@0 Dy Lender, Sortowm'a�igiii iv ui�r h�5uiii�'v8 Mv�..�ao a��.. �.7L..........
<br /> � na�k�q from d�mage to the Property prlor to Ihe ecqulsitipn shall paas to Lender to the ezlent of tho aums by Ihis Securily
<br /> (n�Uurnant Nnmedlately prlor to lhe acqulaNlon.
<br /> � 8. Occupancy, Presarvation, Maintenance and P�otection of the Proparty; Bo�rower's Loan
<br /> j AppllCatio�; Leaseholds. Bonower sheG ocr.upy, establlah, and use �he Properry es Bonower's princlpal realdence
<br /> j i wRhln alxry daya elter tne execu�ron oi �nis 5ecw��y N��auuie��i and eha�l ta:.i�nucs lo oCCUpy Ih6 f'roport�;.� ��::�::•:•'° r'!^-';.•�
<br /> t � maldence for at leest one year alter the dete ol occupency. ur!es� !e!!der olherwise eq►ee�i�writing. whleh tonselit SheM not
<br /> � be unro�sonably wNhheld.ar untesa extenuating circumstancea exlst whlch are beyond Bortower's control. 8orrower ahall nd
<br /> �� � deatroy, dama9e e► ImPalr the Prope►ty, ellow the Property to deterbrale, ar commlt wa�te on tha Property. Bonower shell be
<br /> ;� In delauft H any lorfeHure actlon or proceeding, whelhe�clvN or crtminal, is begun thot in Lender's good telth �udgmeM coutd
<br /> �.� reaufl In forleiture ol the P►opeity or otheiwise matedelly knpalr the Ilen created by thls Securily Inalrument or lender's security
<br /> . ,
<br /> :( Intere6l. � ;--�-
<br /> e F13t8.LM0(10/91) Pupc 2 0�� ,+ A Y
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