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<br /> ' � vrir�ons b!►���to c�on�IhA�i ur�ant swily TraliwMnt mr�iq�wl pra�ety. . <
<br /> ` 11NF�7iiMi1 COVE�!lAtlis. �atrow�r�nti Lr�d�r eovwwR�nd�s��s to�ows: �
<br /> . 1.Pa��R of,PtinCip�1 and Mb+r��tN�yn�K and�b,�8art��sh�pon�O�M P�11�
<br /> � dw 1M�i�ciy�I d�nd in�st on ttN d�bt atd�e�ad by t!M NaM and�ry p�I�y�rA�nd IM�dMrO�s dw�rb�r the tiolw
<br /> ���w1��T�tws and Nau�aNC�.9i�Dj�Ct to�vi�M Uw ar to��nla�n wNW�r by L�nd�.8ortowR�Iy1 P�Y C�
<br /> - - to L��dr an th�d�fl�+6►P�s�ra�s u�th�Nat�uM�iM tdeM i�pdd b�1ti.s sunt('fiwds'}fa:. W ylrtljt
<br /> t�a1s and aKwwNw�r iwtteh�y a1MN pially arw Wt'.i�a+ry ImMu�w�!s�a IMn aa ths Peop�eM�Y'��Y��
<br />_= p�y��ts a gound nnla an!M€�iop�h.��►f+i �(�3 Y'�M�a p�opry iiw��na pt�:(�9�1p bod fNUr�
<br />~�`• � _�-��Y:-W ll�b��'.R'iMUrN,o�P��n�nr.x�n1F��)rh►�M P�ri�k d11 Bortaw�t b,Li�dw in�eowdn� _,
<br /> J w�R tl+�pwtdorr at prqaph Rr tn.Mu ol th�p�y�K d�a4ys Lwu�ip p�wiuns. 'Ilw��t�t�gtaow
<br />�� � Ii�nr.' L��dlt Il�y.at ay i�eaNct and hold Fuida h an�ouK eqt to roOMd 3!N�ainq�aelauM�Inld�ir tor a .
<br /> � �nd�d xo�+�1fn�;12 U.S�G�2101 �t sq. ('f�9PA�. u�s�nolhr Iw q�t�pp/M b 1M Funds
<br /> --- sMs a.N�W►a�oirR It so.Lrndr m�Y.�t�t tieR coyct�nd hold FUndt in�n�oirR not fo saoMd thi Iw�r a�oi�f.
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<br /> r�� urwr n�r«Y�.b N..niwrK a Finas.�+.on ur aais a c�snne ar.�.na�sawbl..a+iert..ot wOwiawns a wA+i. .
<br /> ��. Esaow 1Mms a auNrwis�in�000rdmw"�appic�bl�f�w. .
<br />� li+.Funas�ne be Ne�a rn an��vdose a.Posfts.�.insurra br a rea..r.o•+�Sr.rnsa,m.+t�r.a..rA�r tt�cR�g
<br /> L��dv.�`dendw(s sud►an�3 4�F.��ll FedQal Homs I.o�n Bank. lend�r atW appy the Funds to:pay dN EsaoN
<br /> � tMnr.LendK nrY not�rye Bortoww tnr haldn9 and spplyinp th�Funds.rx�a�A►an�yinp tM eaaow aeeouny or vNYy(ny
<br /> - • th� Esaow 1ums. unks3 L�nder W7►s Barower interat on ths Funds snd aPP�sMe iaw pem�[a Lendw to m�ke sueb • � .
<br /> dwr�e. How�vw. LwidR asY nquY�BarowR�to WY s ons�tim�ctwD�Tor an ind4p�t �wl�t�c r�poNnp suvice ' ".
<br /> wW by L�nd�r.N Coniradioit wAb thit lo�n. w�tezs appie�bM(�Mr Prarld�s �hetwis�. lhiles an +�►�E ts.nyde or . .
<br /> appi�a6b.Uw nquir�s int�iASt.to 4�P��+�s1W not b�nquU'�fc�!fl Harow�'+�Y�.9!�rW on.th�Funds� =. -
<br /> BoRO�ru and L��ti�r'nry.qw in vinlYng�r.th�t Intw�st ah��e�id an.tM Fund�. landt sh4�to 8artowr►. .` _
<br /> � • wrhotk ch��e,an annt�l�oeaRAfnD o[@xr:&aa�d�,aho�a�dt4 atKB aY�b�s to tlw Funds and!t�'fPuPo�1ot which�' .': ,,
<br /> � d�bt fo f1N Funds�}at'nrd�. 71w FtN�da an pt�clp�d:as aridioiW a�e�Nlf 1a a4 st�ns a�ev�d ti��e�a+riy lu�ftir�N. � _
<br /> •- ,� '�:- _ . � . R u�.Fi.�Qs n.w cy Lw�dw«aea u+..mounts pam�ea to a.M(d br�PP��►•�•�r shM so�anc m Banow�r �• �
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<br /> ✓ ,'`'��",:,�.� ."x. !or tht�ocass Funds h accad�na wilh the nquirana�t�of appicaWs Yw.If the smount ot 1h��Funds hdd by£+4nd�r at any •
<br /> -- _ -. . , timi b n�eialldent to W�Y th�Esaow Iten�s wnen Que.tenCer ntiY�.n�Y�we►h w�linp.�+0:in sueF�Banaws..-:°_r. —
<br /> -'���. �-�.• . shd pry�.Csidr tM a�namt n�ens�ry to m�ke up the de�cTaneX. Bortnwer ahd m�ke up the dKielrncy.h ria moer th�.. _ . _
<br /> ,:•'�.��_�, °.'. �:�.�: -`: �r�n�o�WYmrnts.u lendr's saN r&cntton. • : �
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<br /> �.•-��:'; : `. ``. � Upon p�ym�nt tn iW�a1 sums sacund isy this S�curfty tnshummT,L�nd�aha�promptlfl n(und to Borrowier�ac�3►Fw�ds _.-
<br /> . h�ld py l.end�r. 1�undel P��iPh 21,Lendu shaM acquiro or s�/th�i�topwtY.Lender,Prlor to the aoquiaiUon or aai�W th� ��=-
<br /> - °���-:. :.. � PeoP«ry.aha�apply u+1►Fun�s hem by Landar at the ane ot�cquisitbn or eate is a aedt a�tnat the aums a�xe�df►� __---
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<br /> .� . . 3. /lppllption oE Psym�nb. untess appGc�ble Iew provtdes otherwtse. a1 paynnaits received BY �e7�r under
<br /> . �.�_._--_._.e--- , �s:!-end2sha14 he�aps+Fed:._fi�st iv_any_fxeP►Yment cAarses due under the Note:aecorte�tm a�wur�'s pay�ble under --- _ _
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<br /> :, .>;,�:.�;,r.�. . ,: . . p�ragph 2:11�nd.W htercst du�fawth�4�incipat cfu�and(tat.to my I�te cfwges due unddr�l�t�
<br /> . , .;:;����;'.:��. '" 4. Chs[�s; Li�ns. Borrowa s�raY pay att.tuces. assessments. ch�ryes. b:es 9nd Nnpoi+tions at�waW� to tl++ -- _
<br /> ;;ir,;:' . , p�o��ly yyhieA may atlaUt ptio��t av�fhis SacuritY 1nst��ma+t,and Ie�seMold paymMits or yround ra�rts.Y my. Ba�roww afNll , ._t.s_�._:
<br /> , ' , ',,:,�,� pry�ob�pdbna trt t�e e+wnner pra+rided tn puagraph 2.or N not paTd in that menner.Barowa sfW pay th�m on tim� ".��•:tis='i',;,-
<br /> • .. • . drcetry to the person awed payrr�ent B�rower ahal P��P�f►fumish tc Lendu a/not(ces ot�mounts to be p�W undR ttYs +.f��r`,.! --
<br /> � pu�gr�ph. H Barrower makes these �ayasents direotly. Bortower sha11 prompty tumish tv lerrder roceipts evidendo9 the � � ;<<,,�;
<br /> . .. .. -.' - WYrt�ents• - ��' --
<br /> ���!; � Borrower shaN promptry dlscharge any tleo whlch has prloriry over this Securily (nstrument unless Bortower: (a)agrees in ';;•° .�;,.
<br /> "�� '% ��� w�thp to the payment of tha obRgaUon secured by the Iien fi a manner acceptaWe to Lender. (b) contests tn yood fafth the � �, ':��:�:'.:���:.
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<br /> . . " �; :,;�"• , Qen by. ot ddends ayaYist entorcert�ent of the Gen in, tegal Proeeedings which in the Lender's opfilon operata to praverrt the i ;:'••,.���.�..,
<br /> • • ed/oreariM�t o1 tha Ikn:or(e)aecures from the holder of tha Gen an agceement satisfactory to ler•der subordkwting the Aen to , �� `'}�'..��^�':
<br /> ���: °.�'.� thls Security fnstrument N Lender deterrtanes that eny part ot the VropeAy is subJect to a Yen whM.t��ray attun prioriyl��� ; . • '`'��'-��
<br /> ; - -� - ' ' �- Securiry tns��Lender may give Borrower a noUce identifytng the Ym.Borrower shall saUsty the G�or take one or rrare of �•• . ��• ,"�.
<br /> ' , , . the acUona set iorth above wRhh/0 days o1 the giving af noUce. j ,-�. ; ��.r..•:'.
<br /> f � . . . 5. Nizxd a Prop�rty tnsuranc�.Borrowes shaY keep the knprovemeots,now exis4ng or herositer erected on the --
<br /> � � PropeRy inwred agihst bss by fire, hazacds included wilhin the tam'e�dended cove►age' and any othe� huards.ineluding ; _ .
<br /> . . lioods or Aoodn�,ta whkh Lende►requires insurance. Tt�is hsurance shal be inaintained h the amounts and for the pedods ,
<br /> •�:� .. th�t LenQer nquires. The insunnce cartler Drovi�ing the insurance sfiall be ehosen by 8ortower subject to Lender'a approval .
<br /> �"'„?� . whicb aha� not be unre�sonaby wfthhefd. If 8orrower faGs to malntain coverage dauibed �bove. Lender mry. at Lender'a
<br /> , , _ '.: .• . optlon.obtai�coverags to proteet Lcnde�s rlghts in the Property.ln aeeordance with paragapn 7. • . . ..
<br /> `•��".#: q/ inaurance poAcks and n�ewate sheN be aeeeptable to LenQer end ahaq inctude a standard mortgugs ctwsa Lender , " ;� •�
<br /> • ahaN have the riyht to h.c�rd ths.poYcles and renewals. H Lender requkes,Borrower shaN promp�y give to Lender ar recelpts of ; �.,;
<br /> � ,� . , � pNd preMu„�ns�nQ ronewal noWxs. In ihe e+ient of loss.Borrower shaA give prompt notice to the lnsurance canier and Lendar. . � , . .,.
<br /> ,�•: Lender mty cr+�tce praol 01 toss N rtot made prorrQty by Borrowe�. , ,
<br /> ' � Unksa C�de►and Bortower othecwise agree in wdting, insurance proceeds shaU Be applied to restoraUon or repair of the � . . .
<br /> �� � � - property doma9ed,H the restaration or repalr Is economlcally teasibte and Lender's securit�{ (s not lessened.H ihe restoratla�a •
<br /> ' � . ropaU Is not economkaNy teosibfe or Lender's securiry would be lessened,tha insurance proceeds shaB be applied to the sums . � ,
<br />_' �; � .� : • s�axsd by thb Security (nstrument, whether or not then due, with any excess paid to Borrower. II Barrowa ab�edons the •
<br /> s�ax
<br /> ' • �` ' , prop�ry.cs'daes not answer wilhM 30 days a noUce trom Lender that the insuranee carrier has otfe�ed to set0e a daim,then ,
<br /> . :a•:�•�.,. �:. ,. ., .
<br /> ___r�.. x,•. I,w�d�mry eoMect the Insurance proceeds. lender may use the proceads to repalr a restore the Property or to pay sums �
<br /> �ti:.,. ;ti,,: a�cut�d by i{1y S�curfly h�strumant,yrhelha a not then due. Yhe 30�d�y perlod wiq begk�when the rtvtice(s gtren.
<br /> ,,.; . .. � . Ilntan •t�ndw �nd Borrawer atM�wlse ayree (n writinp. �►y applkAtbn W proceeds to pr',�dpal shN nat e�Qend or , . . ..
<br /> - . �� . .
<br /> postpan�th�dw dot�01 th�monthy payrtier►w rokrced to h puapr�pha 1 and 2�x chanse the anwunt of 1M p�ynNnt�. M
<br /> `'��'-oT'�``�+.' . �ndw png�,ph Yt 1M Frop�rty b acquired by Lender. BortowaPs dyM to an/Insurar.ce polides and proceeds nsuMby irore i.
<br /> .;'��:;�����:, d�nwqs.te the Proparry prlo►ta the aequlsihon shaM pass to lenda to the exter�i ci the sums Dy this S�curfty Instruma�t {•, . •
<br /> ,.� irtnw6�t�ljr prtor to ihe acqu�s�lon.
<br /> — - �.�peoupsncy, Pr�rvatlon, Mslnt�nanco and PraNctton of th� Prp��rty; Borrowsr's Loan . �--- _
<br /> _ � 'AppliC�loll; I.�aNflofds. 8orrower aha�oceupy,estabish.artd use the Roperty as Borrowe�s prindpal msidence wNhb %
<br /> .�.- t� -� stxty dsys afte►the ex e e u t i o n o f t h t s S e c u t i l y I n s Wmen t a n 0 a h a ti C o ntinus to accu p y th� R'apedy ts Botrower's Drindpal ,
<br /> �� resida�ca tor at l�st ane year after the date oi occupancy,unless Lender otheMrise agrees in writing,which consent sha0 not
<br /> p��r�r�l r�fAhMb,pr unl�sa e�Qenwtfn�circumsWcea exlst whlch ue beyond BortowePs aonUd. Barower shaN nat ! ,
<br /> dp�roy�d�n�a(n�f�M'th�Propuly.aMaw the Prope�ty to deteriotete,or commit waats on the Property.Bortowar ah�1 be in . .
<br /> d�lt M uy io�I�llun aclton or praae6n9, whether dW or aimYUb IY bagun th�t h lende►'s gaod hitb Judyment eaAd result , .
<br /> - �- - - fn fatiiturQ oi ifw�'ra�i�hf�.:afhasw�s sttatcsf�ltyt Impalc the liese crr_t!�t b�r lhia 3eraidty InsWment a Lenda"a sect�l inlewst' - - - � _
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