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<br /> '� 'F�'}` c ---__ _ _ j�L�VI�I3ll1�'I�-'B�YY64,t�T'8ILd'�II�QtCaitl�El�S 8!!$-8$�CE•ES��Cr?$c � ` ` .�;•t� , ' '-
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<br /> �Y� �`� � i. Parymeat oi Prlaciga!an�Iateacst;�reps+ymtnt�nd LA4s Ch�rBes. �amrv+er sdiall pioi�gtIY PaY -- -- -
<br /> c�p�ciQat of and iruerest on the debt evideased by t�Note�nd nnY P?'�Y�t.ercd Ias�char�s due uuder tti�Note. . . �,- �''��` -�---
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<br /> `-. ,<i;.:.• a. �sads f�r Tases�.+1 Ins�s�. 5ubjact,w�pplicable Iaav or.ts�a wntten cvaiver by Lender,gorrowet shatl y 4 T =
<br /> ` �, :: F a y m I�asLr os ths day�agnthlY Psymee�ts are due under the Nate,uatil t�e Nc�is}�in full,e sum("FunBs"1 for. °5 z�. -
<br /> � � ��Y�Y�aud?�.�:�=�"A*"Q whiCb m2�y 8Il�III prtot[Sy Ovei 813s SECtuity iR��+�u.nt es e liert mD th6 Peopetiy;(b)YC3T IY t=�� -�'.. _
<br /> _ `�, Ie�sx�O2�paymeats as gm�ad renu aa die prape�ty.if aaY:(a)Y�Y��F�P�.iasurence p�(d}Y�Y
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<br /> • � ' ` 'uaod in�veace pm.mioms.if enY:(e)S�*jY�Se������y��(��Y�PaYa6Ie by 8+orm�rec �r. .
<br /> .`'._ < to L�eads�r,in e�catdatr�e arh�th�pm�visiaas of paragrag£i�.in lisn of tSrz paytt�t of martgag�m�ance prermiums-7L�e . . , -
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<br /> . ��.`: . `�.`� . items�caIIed"Escmw Items."l,eader ffiay,atany dme.collect sm"�ha2d Fu�s in ea amawnt nat tn exoee�tIIe maxi�m -. . ..
<br /> f:��::'.e'.:��_'..,,'�:�-.�., A, for Bo:rower's escraw gcanunt onder th::fed:ral I�e a 1
<br /> ,� � .. . . ammmt a tea�r for a federalty ce?sted�rtgage Ioan maY coquire -
<br /> ., . :� .;. Ssmte Sett2ement Prooed�u+�s Act of 1974 as amended from tin¢e to tim�.1 2 U.S.C.�2 6 0 1 e r s e q. ("Y t E S P A").u n tes9 - _ _ _.
<br /> - t •��� '�r::�s r�'c" another Iaw t�at applies to��he Fuads sets a Iesser araovat.If sn.Lea�Er m�y,st enY time.oollect an�lioFd Fuads in an . ;
<br /> `�,;;�` . amrivat.a�tQ e x o e e d t h e I e s s e r amn t m t.I�e a d.r m a y e s t i m a t e t h e a n¢o n a t o f F u a d s d u s o n t h e 6 a s i s o f c�r n n t d a m a a d °
<br /> . - rx�nable e�mates.af.eapeadimres of f�tu�,Escraw Ioems or oth$nvise in aseordanse with apglicabie law. � .. � ` ,�
<br /> � '[f�L�Unds�all:i�iceld in an instiourIon cvhas$de�osits aze iasured bY a federal a�ency,.fnst�nnaeatsliry.as eatity ,`
<br /> j `';� , , (Tiu�ud�g I:en�cr..if T.enderis sach an insdnrtion)or ia zay Federal Home Loan.Eank::l�rnder shall apPIY the Funds m �`t� rF�
<br /> �� ri��'ItI'xF�f/S7k�s � r /.. ' �r,�,t l,
<br /> ;"r ��,t�f,� f '!� � " � ..pay t A e F s�x ow I t e m s.I.e a�d e r m a Y n a t c h a r g e B o r c a w e s f o r h a l d i n g a n t d a P F l y i n g t h e k�w tt)s.a u n u a ll Y a u a l Y r i n g the escrow ., ;,5,1� :
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<br /> �'�s','t� ti... accaunt,ar verifying the�scrow Itans.imtess Ixnderpays•Bm�ower iaterest on t�e Fw�ds aad applisab2e laa permits Leader ;'�`�;{�js`�t'';!'..
<br /> - ;. . ,",t: to maSae sacb a charge.However,I.euder may require$ormwer w gay a o�tim�d�a r g e far a n i n d e g e n d e n t real est�te � f :r� :�
<br /> licable Tsw Lnoaides ott�vlise.tJnIess aa agreemeat 1� '�'�f}',':.
<br /> . � ` -;,� ;�� . (�][I�pItlII$$8f1RCP.USO�bj�I.GQ�S�II OO�aJl Wf1}T.I�S�08JI��8� •` .t,F . � _-
<br /> , ` � $OT[09Y0i 3IIy III�Of CSIII�A ::�,.i �1
<br /> . � �� ��t ismade spplicablelawrequitesinterestto6epaid,Lcndcrshalltmtlier�qniredta.payr � �: ;;:�:'•°r;;:'. ,.
<br /> `' . `' ` I,euder ma ns�mr.ldng�,trowever,�tlzat interest�saQ.be�aid on the Fi�uds,�nder sha11 . .. "'�°�' `.;,,�;:`:;.?f�.f
<br /> . �r ,• .. ,; • ,.r�n die Faads.Boaawer aud y agcee � •:,;' --': •J
<br /> �s`•i: I°° �1 gq��tawer,witHout ct�atge.an annual accaanti�rgafliie 1Fands,shawmffi cre�t�and debus w the Faads a�dtire purpose
<br /> %s �%� i<-':`�; �'��`e LO ed as additioaal scxiuity fos all sums securedlsy�tfi3�Sec�riry � "�' � `;.-
<br /> �', , :��i:i:',<<•�`� '4`:�ir wbit�fLea�'h dehittu die Fu¢ds was made.1Y�e Fundsarepledg ,.t:<<
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<br /> .,s�.c�). r. ya. ��,�_ � �mellt_..., �;'.,�..iii���
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<br /> ��fli:`r4tF��'{���� • y{��LII4 l.euderexcee�t�e.amaw�Qetmmedtobelsetdbyagplic�blelam;•i�der.s�saU��,Ub'Borcower . . �,.Sx�P�.ov�r
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<br /> «,'r'''oh�'t•`�:;F ``,��tl�' fortheeuces:s�t�'ui�$-a�r:��cewiil't�llie're�Nit�he�tso€applicablelaw.Ifdieaurauut:uftiir;L",liud�:.i�l$,i�r_Lends _ �:�,:;_
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<br /> ���,�,���'�9C� siry time�s ntst�&�?1:trs:�the Fscrcm It�ms�vlien:due,Lender may so aatii�r:.poti�aar�in:w�ta�,�'ua sacbi case . ,l��k t
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<br /> ' r��i`4r•'�����T% $orroWer sGall tl��.�3i�the amowu n�ssatsi.�tio fnake up the deficieucy. libimw�r s��,�����"�°CY in ���{; �`
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<br /> J'ip�t�0�r+�if����?. IIO�IOIC 1nce*v6'inor�t�PaYments.3L�Ct'S SOIC dLSCICttOA. 1:.: '' ' •. '';, . � � J'S(i5Y y ? _
<br /> �1t�c'��s��,°.��' ��nf ia fuU of all sums sec�ued isy tl�is Secu;ity Tn&t�uf�:���'��P�"��f��;Bonower .r
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<br /> 1 ��yr ' �y F��t,ti�v Lead�r.If.under paragraph 21„Lender ahall acqt11i�ac�I't��upertY,Lender:prior w t�ez..quisitiou ',f`°' �`'r .
<br /> {� `.;'.�.�,. °'�'` n or sale as a credit . �''�'' �
<br /> :'1'L;;4tr . . est sale of tt�e.�c+uperiy,s�aU app1Y any Funds hg2�by L..4nd'er at the 4�r�a�':��.*�o a�the sums �:Jrif���rr,,},f - .
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<br /> . ;' :.'-,��.5 t. . ��sred by ibis Securiqy�eAt. , ,::... ,•.' �. .'�'" �;�{�,�. ',:,.:.t;-:..�
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<br /> :•cr,t;::;r;:,;. 3. A�pli�atiom�r�l�'yineats. Untess applic�J�l:3w pmvides otheswzsz„�paYments received bg'1!��xr nnder �%';''r��'.1�-.
<br /> '•,';;`,�t,�,.�;�,�,,. ' , �.r�char cRCe imder th:�cq`�:seco�,to amounts pa3�a62e under ,;`'x'�t`+''� �`��� '` .
<br /> te�,. , �rt� �,�ac�agrap�.s£�.�i 2 sfml�L�e•�plied:'first,w anY P� S�. € , .� �'`.
<br /> `� � `t '-;5:. �:;i�rd,to int:rest.dae; fourtb,to princ�d��e;�a�d i•i�.¢o at►y late cdarges dae a�.'r t�e Nate: ' t';• '��•�
<br /> •r `. `�>;. ��F� � essae�n char8es.fiaes and impusitioas attn�wable w the f , . '���
<br /> � '�� 4. es:Ideas. Borrowec shai!pay a11�,ass ae� �. . ..
<br /> ;.�����,;�. ,. . � ' L�!�PertS+which may aaain priority over t t r u s Securi�y.�-y a men t,a n d l�s e h o 2 d p a y m e n t s or g r o u n d renu,if a�r.Borrower t . '� .
<br /> � -�, .' h 2.or if not d in that manner.Bonower shaU pay them }� ;, - ": �`
<br /> # �` ,E�,;?� � ' �t�ll PaY these obligatioas ia the mamner provided�l�'a8rap Paz d • .,;.,<` . •
<br /> . .';'??.��''� � � , � on time direcdy to the person owed paymena.Bo�a-�a�s n a ll promp t ly f u m i s h t o]L c,�der a l l n o t i ce s o f s m o t u i t s t o b e p a i . . .. ',,;�' �
<br /> �� �t. -l;����. �
<br /> uader 8us garagrapb.If Borrower makes tt��ese pay�sne�cs��tly Bor�ouer shaU pmraptlY fumish w Ler�des raceipic !. ;.,"rf�:� :%��-.,;:
<br /> . �' 1. s_r;��t:;y
<br /> . - . , . tbe payme�.. a�'^ h has prium:.. aver this Security lnsmimem.un2ess Borruwer: (a) �. � ry:�``���`�' •}
<br /> :_ • Bo�+et,wEr shall promp8y discharge amy tien �,-� 5" ' �� 1�;. .� °
<br /> � � � :,;tr;. ' � 8g�ia wri�i�g to the payment of the ob ligatios sec��i'��t�e Eie�•3 a a m a n i c e r��x p t a 6 1 e t o L e i d'�r,(b)c o n t e s u i n g o o d �'.''r':t'.:, , ' �'; � ', :�.
<br /> , �.y;•i,;; . � '"�•' , ..
<br /> : «• ��itb We tie�a by,or def�against enforcement o€s�.w;l��i�.tegat proceedicn�c�u�s in�he Lender's opiaeion operate to �:. '. � . "�'
<br /> �,:;:. . .
<br /> �� ,.{t�'i, p r e v e at the�forceme��G the lien;or(c)secures.fnzcV t':,�hotder aY the lien a:�.�.�zemeat sadsfactory to I.ender subor- �;`';?��:�`;;:,', � ;,';,.�;� :-..�:?n
<br /> • diaating thQ:cr.a to this Security lnstrument.If Leader Ltcarmines Lk.zt any part o�'t he P roperty is su bj e c t t o a l i e n w t u c h t :,�:' • ` •,..:
<br /> ' ' � may attain�5riry over this Security lnstrument,Lender may give 0.aawet a aotice identify;��e tien. Borrower shaU � ',��;,i;.,�,,,�-�
<br /> _ � ,satisfy the lien or take one or more of the actioas set forth above within 10 days of the givi�,�:notice. : '�;;.,;�.�;•;;.;;.
<br /> �':�'���. S. Berard or FroperlY Iasurance. Burroan.r shall keep the impmve�rrs now exisU^g or hereafter erected on � ,. .�''%;sti;. . `
<br /> • . i:�:,:: �te Praperty insured against Ivss by fire.hazards inc�`�u:kd within the term "e:��n.'�d wvera$e"and any other hatards. i � �:';
<br /> ; � � iacludiag Se.�ds or floading.t'os which Lender req�"srts`insurance.This insuractc'e�nall be maintained in ttie amounts and 6
<br /> . , for the{rer�ids that Lender requires.The insurance carrier providing the insurance shall be chcs�a by Borroaer subject ta� • �
<br /> Lender's approval which shall not be unreasonably witt�.held.If Borrower fails to maintain cover.�a=des?�abed above.I.enQe: . ,
<br /> ` : '•��:� may,at Ixnder's option,obtain eoverage to proteet 4tnder's rights in the Properry in accordar.ce with para;.•aDh 7.
<br /> �� , ��,;j;�;:, , All insurance policies and renewals shall be ac�.cpble to Lender and sha1P inc.6tde a standard mortgage a;�u:�.Lender ,i i`,;;
<br /> � ,�y . . shall hace the right to hold the policies and renewals.:�L�ender requires,Borrowzr�Ice:i�romptly give to Les�w�r ay receipts ,�,;;��:t��
<br /> , y � of paid premiums and renewal notices.ln the event cf ioss,Borrower shall give Fr�nr,t not:ee U�the insurance carrier and . ;;'�`;�
<br /> • l.ender. IIfi;:der may make proof of loss if not maCe promptly by Borrower. � �:y,,� ��
<br /> � � • Unless Lender and Borrower otherwise ag:�:ic wrifsng,insurance praceeds shalt bc a��!.�:d tu restoration or repaic : :` ',.,;
<br /> • • � ' of the p►+ope�ty damaged.if the cestoratian ar mr�r i�-cxonomically feasible an��der's secoriry is noi lesseneA-lf the ;•.,����;; .
<br /> ' t�stondon or trepair is not economically feasiEle cc L'�tder's security wo:�id Le le�sened,the insurance proceed�shutl be ,',: ....�� .
<br /> . s�plied tm itte sitms secured by this Secur_rf Instrunent;whether or not then due,w:di any exccss paid to Eorrower.i:Borrower '-,'''"'; _
<br /> . • abandnns tha Pr�gerty,or does nat ans�wrr��+ithin�O days a nodce from l.endet that the insucance camer hus offered to � •�
<br /> { • settIe a¢Wim�-tlten Ixnder may collect ttte insurance prxeeds.Lender mby use the proceeds to npair or restore the Pro�crry '
<br /> • , ar to pay sums secumal by this Securiry Instc�,iment,wizether or not tlicn due.The 3Q-day period will lsegin when the notice
<br /> ' � ;s given. ;
<br /> '.;.. '"�. .. . .�nle�,q,.Leatler and 8orrower otPtetwis�agree im writing.any application mf proceeds to principal shall not extend � . .
<br /> � :or Qps'tpOn.�t�e i�u��3e of the monthty payments refemed to in paragraphs i and'Z or change the amount of the payment�. ,�
<br /> , f ;.. ' #vunGetpsra , q!►2t•the Piroperty is acquird by Lender.Banower's rip,ht to any insuw.�tce policies antf procceds resulting .
<br /> -,. , � {g��:�hepro`�y priar to the acquisition shall pass to Lender to the entent of the sums secured by this Security
<br /> . ` �; �iaswment immedintely prmr to the acquisition.
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