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<br /> �,. _ TOOETHER IMITH dl tht knpn�v�nunt� nuw a h�ruh�t�id on th� prop�rtY, and �N wswnad�.appuR�mnc�s, �nd
<br /> . ."." AxWns now or h�rM11�r�put ot th�proMrty.AN r¢�wnNnts�nd+�ddMionr shal�Mo b�covK�d by thM S�wfty Inakum�nt.
<br /> w�e�.�la:rli,r�,...�ri.
<br /> J.e'�� , , AM d th�IorpoMiO Is rN�nd to in thla S�wtfty k�eln�n+�nt as th� 'R�op�ly'
<br /> � - BORROYYER COVENANTB th�t BortowM i� I�w1uMY ���d of th� �tat� hw�by convey�d�nd h�t th� rNjht to yrnnt �nd
<br /> - — convey the Properly end that the Property la unen�nntserad, exaept fa�naunbnncw� ot neord. BortowK wr►�ntr �nd wll - - -.__-
<br /> ,. , .,,.. .: dNmd pm�nNy ihe tNM to th�PropMly�yW�st�M d��nd d«n�nd��wbJ�d to�ny�na�nbnnas nl neord.
<br /> ��,.�;y.�•;�,,,� THIS SECURI7V INS7RU�A�NT eombki�f unNam cov�nants tor nation�i uw �nd non�unMorm cov�nants wllh Wr�it�d
<br /> ,",i..;:.`�.:. .s varMtbns by Jwhdktbn to conatkute a unHortn��eurfly IntwnNnt oowrinp n�l P►cP�Y•
<br /> UNIFORM COVENANTB. Barowa�nd Lend�r cov�rnnt �nd�yn�n fallowc a whan
<br /> •R.� � .. 1. P�ytn�nt ot Prinalp�l �nd IM�r�st; P��psym�nt�nd L.�t� Chup�s.eorrow.r shaq prom,uy p Y =— -
<br /> ! du�th��xhdp�i of and bt��at on th�d�bt�vWK+ad by th�Nat��nd my prp�ymont and MH charp�dw und�►ih�Not�.
<br /> � 2. �unds to�T�x�s and Intun�nc�. suhk�el�o .ppNo�bie ww w to a wtin.n waw.r ay l.nd.r, BarowM sn.r p�y �_ ,
<br /> ;�... . to Und�r on th�d�y manthly paym�►t� w dw txnM► th� Not�, untll tM Not�Is p a f d i n 1 u M.a s u m ('F u n d s')l o r. (�N� --- -
<br /> _' tax�s �nd �ssss�l4 whioh m+►y �th►h prlotlty ovK thlt S�curity Inswm�nt �s a N�n on th� Prop�tlr, (bI Y�Y
<br /> ;;l:'����+��� ^ p�ymsnt�or pround�ta on the Prop�rty,H any; (e)yMrly hwrd or prc►pMty insunnc�pr�Nums; (d)ywrly Ibod inwn�na
<br /> s� , :, prwNums,il�ny;(�)YM�Y�9�A�Insurnnae pr�mNims,M any;and(�any sums payabM by 8ortowa to L�ndr k►�ccord�na
<br /> _'� - � •' with th�pro+ritions af par�preph 8, in Neu af the p�yn►ad ot mortq���Inaurnnc� P►en�iumn. Th�aa k�u�n calNd 'Escrow
<br /> i . � r�,,�,,,,;�„,..�,_� Item�.' Unda tnRy, �t �ny tMnn, coMci�nd hold Funds h �n amount not to uteMd th�m�xk�wen�naunt a tenda for a
<br /> -- �� 1ed�r�Ny re{�t�d matgape Ian m�y nquk�tor BortowK's sscrow aecount under the t�dsral Rwl Estat�S�ttlem�nt Proc�duna , �_ __
<br /> �:�„�; Act ot 187�as amandad Irom Ume to 1kne,12 U.S.C.12601 et aeq. ('HE3PA'), unless anothrr law that appiies to the Funda
<br /> --::." seta�t Nssr�mount. If so, Lender m�y,at any 1Nne, coN�ct�nd hoid Funds in an amount not to excs�d the bsser amount. Y�xsa�.r�-��_ �
<br /> �:�r Lender m�y esthw�te the unauM oi Funds du�on tM baWs of cumnt d�ta and rwsonabi�arinata of utp�ndiwrp ot tutur� F`��"�sr:-'_
<br /> �, ..
<br /> Esaow Items or otheiwise in accoM�nce wNh �ppllcWle Mw.
<br />� Tht Funda shal bt hNd in m instkution whose d�posqs am inaund by a federai�yency.(nstrumentWlY. e►entitY(indudiny
<br /> �, Lends►, il l.endar Is weh �n inslitution) or In any F�der�l Home lan 8ank. Lender sh�tl nppy the Funde to pny the Encrow `..----_---
<br /> Rems. Und�r may not cA�►pe Sarower for hddiny md rpplyN�g ths Funds, annwMy�n+NzinO the etaow account,or vaiykip
<br /> � the Esaow Itwntt, unless Lender pays Bartow�► IntKS�st on the funds �nd appAc�blt Vw P�mats UndK to m�k� such a
<br /> � ' chuge. Howwe►. Lendx m�y rpuke BortowK to p�y a ontrtim� ch�rye for an k►dap�nd�nt rev tstate Tax reportfnp savia rsS.K�-.. �,,-
<br /> ''' uaad by La►da► h connaatiai with this Io�n, uniass appiicabb aw provides othaw�s�. Unl�sa an aprsement is m�de a T.�M� 1 -
<br /> applicabi�ww roquires(nterest to b�paid,Lender atul not Oe roquk�d ro pay BoROwK anY InlKest or s�minys on lhe Fund�. �;;;z,�w��_
<br /> Bortowa �nd Lender rtMy agree tn wrlting, howevK,that int�rest ehaH be p�id on the Funds. Len der a h�l l 91v e to Borrowx, 1�_:;��'R�-�-
<br /> without ch�rgs.an +uinu�l acoountinq of ths Funda,showkig cndits and dabits to th� Funds u►d ths purpose for which s�ch =_��```=
<br /> de6it to the Funda was made. The Funds are p�edged aa�dditlonai sacurity tor aN sums secured by the Sxurity Instrumant. -��"�
<br /> � If the Funds heid by Lender exceed the amauMs partnitted to be hdd by��plk'.able I�w,lsnder ahall aeeount to Bortower �:1,-`�`"''"��—
<br /> ta the excsss Funds in accord�nce wRh the requirement�of appHcaWe I�w. if the amount of the Funds hMd by l«►da+�t any 5=;;�;:'--,.
<br /> ; Wne is not sutfkJent to p�y the Eacrow Itema when dua,Lendx may so noUty 8ortowK h writhy.and,In such cas�Bortowr ' ;:�
<br /> sh�A p�y to Lender ihe amount necessary to make up 1he d�fideney. Borrow�sha�m�ke up ttu dNicNncy in na mars thm y;,�,_Y,,:;��
<br /> twdv�monthy paymenta,�t Lender's sde diaaetbn. �-��-
<br /> Upon payment in 1uM ot aU suma sea,red by thW Sicurity Mstrument. Lender ahaN prampty refund to Bortower u►y Funda i"±�:�'�i;`
<br /> he�d by Lander. If,'undar p�n�gn�ph 21, Lender ahaY acquke or adi the Property.Lende►, prior to th� acquiatUon or at�of th� ��+��• -
<br /> �x�sii���—
<br /> - -- -' � - Property.ah�Y appy�ny funds hsld by I.mder at tia iirt� oi�cquiaitiwi or�sta as a crdfs spalns!2Ae eurrss�ecurr!by th� W=_ °__
<br /> S�curity Instrument. 4�'�'"'��' -
<br /> 3. Applicatlon of P�ymonts. Unbss appMcaWe law provides otherwise. ak paymenta received by Lender under �• . �
<br /> .�r.�•.
<br /> panprapha 1 and 2 ahAM be applied: first,to any pnpaymeM charges due under the Nate; second,to�mounts payabk undx • • t� s-
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<br /> pa�praph 2;thkd,to interest dua;touRh,to princip�i due;and tast.to any Iate chuges due under tht Note. ` ••:�•e� =a.._
<br /> 4. Clix�Oi; L.i�nl. Borrower shpll pey N taxes, asseasments, charyea. fines and (mposidans attributabb to the �� �,,
<br /> . Property which m�y aKah prlority ove►this Security Instniment,and Ieasehold payments or ground renta,N�ny. Bortower ah�M _
<br /> pay these obYyaUone in the manner provWed h por�qraph 2, or if�ot pafd In th�t manner, BoROwer stuA pay them on tkns �
<br /> � directly to the person owed payment. Barower shai promptly tumleh to Lender aN noUesa ot amounts to be paid under thia ; ��,
<br /> . paag�aph. It Borrowar makes these paymerits directly. 8orrowar shaN promptly lumbh to LondK receipts evidencinp the �.••.
<br /> _ paymenta. . `
<br /> ' Borrowar shaY promptly discharge any lien whlch has pdodty ovet this 3ecurUy Inalrummt unless Bortower (�)ayrees In �-
<br /> � wrftlny to the psyment ot the obNg�Uon secured by Ihe Yen in a manner acceptable to Lender, (b) eonteats in good falth the .
<br /> Ben by, a defenda �g�kist enlorcement oi the Wen In, leqat proceedings which in the Landv's opinion operate to prevant the
<br /> �' entwcement ot the Ilen: or(c) securea hom the holder ot the Ile� an agnement satisiactory to Lender subordkutk►y the lien to ,
<br /> � this Searfty Inatrument. It Leader determines thet any pad ot the Property is aubject to a Aen which may attak►priority over this •
<br /> � Securiry Insttument,lender may ghre BonowQr a notice ident'rfyinq the Iim. Bortoww shali satl:ty thQ Nan ar taka one or more of +
<br /> � � the aelbne set forth sbove wNhin 10 days of the gNhg of notlee.
<br /> 5. H�zard or P�opwrty Insurenc�. Barower shaU keep the Improvements now existi�p or hereafter erectad on the
<br /> � Property inaured agahst bss by fi►e, haiards InoWded wRfiin the term 'extended coverage' �nd any other huards. Including �
<br />; floods or tloodlny,iw whlch lender requkes insurence. This insurence shall be maintained In the amounts and tor th�pe�iods
<br /> • that Lender requ(res. The Insurence cerrier providing tfie insurance shall be chosen by BoROwer subJect to Lmder'a approval
<br /> wh�h shaY not be unreason�by withhetd. �I Borrower talls to mainUln covenge described abova Undar rtwy. at Lender'a .#r
<br /> • , • opUon,obtaln covanige to protect Lender's rights in ihe Property in accordance with pangnph 7. '�
<br /> y,.
<br /> *.� �• ' � A!I hsurance paWales and renawa►s sha�l be accept�bte to Lender and shall k►eluds a standard matsaye elauae. Lender
<br /> �• shaN h�ve the righl to hold the policles and renewab. If Lender requfres. Bortower sh�il promptly give to Lender aA recefpta of
<br />_, �•�.�`.'i,; paid premiums md nnews�notkes. In the event olloss.Borr4wer ahaA qive prompt notice to the insurma wrier and Under.
<br /> '�t•',,:•' � L�nder may m�ke proot of Ioss N not made promplly by HoROwer. •
<br /> �:; Unless Lende►�nd 9orrower othixwise agreo In w►iting, Insurance proceeds shall be appiied to restaation or repair of ihe
<br /> � Rrpperty d�m�ged,if the rcstoretlon or rep+�k is economlcaNy icv�sible and Lender'a securily Is not lessened. If the resloratbn or
<br /> repak is not econarnicaayr feasible or Lender s securiry would be lessened, the�nsunnce proceeds sh�N be�ppied to tlie sums
<br /> � .. secured by this Sacurky Instrument. whether or oot Ihen due, wfth any excess paid to Bonower. If BoROwx abandons the
<br /> '; � Property, or does not �nswer wilhin 30 deys a notke 6om Lende��that the insurance cartier has ottered to seftie a ci�im, then
<br /> _ } ,. leeder rrµy colkct lhe fnsurence praaeeds. Lender may use the proceeds to rep�ir a► restae the Property or to pay sums .
<br />- } '�5'�` a�cured by this Seaxity instn�ment,whethor or�ot then due. The 30-day period wf4 begin whan the noUce is given.
<br /> " ,� UnMss Lender and HoROwer otherwlse agree in wrFpng, any appliutton ot proceeds to principtl shaM �ot extend or
<br /> -"' ., postpone the due d�te of the monthy payments re(ared to In paraywphs 1 and 2 ar chanqe the arnount of the payments. If
<br /> ��� .�`�:�••�� under p�rayraph 21 the Property fs acquked by Lender. Borrower s right to any k►surance poNcies �nd proceeds msukiny hom
<br /> -�. i'''o�1.:;}:•.
<br /> ,�.�;• -n0�'-'°` '` d�nry� to the PropeAy prlor to the acquisition eh�i p�ss to L�nder to th� �xt�nt of th� wms by thls S�wrily instrum�nt
<br /> _��,�:� .L..;' irmMdi�tey prior to the acqutsitlon. ,
<br /> — � 6. Occuasncy. Pns�rvstion, Mainhnanc� and P�obction o# tM Prop�rty; Borrowor's Lo�n
<br /> -,, '-�,:�.. . �,;,x, � App1�C�1p1f; L,�aNhOlds.Bortower shall oeapy. establi�h. and use tne Nropary as dortvwars pnnc�ai resiowice wanin
<br /> ; :�. ""�.,;a..,a:�-...•• ;�• sbdy d�ys aRv tho �x�cutbn ot thls SQairity Instnment and shal contlnue to occupy the PropMy �s Bortower a prindp�t
<br /> _,�� ��i rwid�nc�fot�t Nast ons y�aRer the d�ie of ocapamcy.unbss landar othawise�yrKS h writlny.wMch consenl sh�N not
<br /> b�unn�sa�aby wilhhMd,a unNes ext�nwtinq elra�rnstmces txist wh�h w beyond Qortow�r s eontrol. Bortower shaM not
<br /> d�tlroy,drrry�a Yripak ths RopeAy. atow the PropeNy to deta�iorate.or commit w�ste on the Prope�ty.6ortower shW be h
<br /> d�At M�ny}a(�Iwn�qion or procMdfnp. whether eiri a erYnln�I. is b�pun that In L�ndK's yood tafth judyn�t could nsult
<br /> ..� •= '�:;.� y�forlMUr�W Uw p►operty or olhwwis�nrt�rWly kqk the INn crMt�d by ihts S�curily Inauument a l�nder's aecwity fntenst.
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