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<br /> -� �� +'�� •- � '� � ���Fwxts shaU be hetd.in a�.iarsti�.�a�n�rZrr�ss�.•t�c��ts are insured by a federa! agen�y� inswmeatatity:,o;enrti,ty�. . _. --- -_.�-----
<br /> 3 � {imlad�nS•I�efldar,if Lender is s�ch�i�sti Wyca�?as�rar�Y.-.�R�era1 Home Loan Bank.Lender sha11 appty the Fund,�ta psy the .. ------
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<br /> - . y �, _ Escmw Iteams.Lender may aot charge&ot�rvQrt�f�IIR�i�7?g att�aDPjY�S the Fands.annually analyan�the escrow acoouui►.at
<br />--��kt�•r: .�,..i r.. . Ve�ifyia8 the&anw Ite�s,unless Lende��s IIocmrr,�:Wr,.'�on the Funds and�aFPlicable lav�perauts Lender to make such ----_----
<br />_ �chacge.However,L�axt�r ma,y r�aquire Bvr,rt►�:e�.�.��;a��tt�-��e for an iadepeadant real estate tax repurting servIce
<br /> J�� ,. used.6y Lepder in connecxion wit� tbis 1o�e, w71t�s:a��z�le laa provides otherwise. Unless,an agt�ment is m3de or
<br />- �f::.��;�:, appiicabt�law reqaires interESt to.be.Paid,.�s�t;e�t.�'[e�red to PaY Borrower any interesGar�eamings on the Funds. _-----
<br /> . ."u'+_� :,. ..-��s -----
<br /> - _�.:.. .�,.-- r:,...,-:�-_:- BosrQgrer a�d Lender ma}�a�m csrrita�g..lr.av�exe��db;iti��xesY shaU be paid aA the Fuads.L•eq�,te�:shall give to Bor�ower, . : ��-_�-_:__.._-_.--
<br /> '���t:;.�;,t;'.°�:. ' �'���i withoat charge>an annua!accounting of the.Ptcu.da3,,.sh�c;+��.c�diis and debits to the Ftmds.a�eslith�pwpas fa hich each ---_- --=--_---
<br /> ti e t W �:_=_:_- -
<br /> .,.�:_�:..._:•. ='';:��:. debjt to the Fands was made.lY�e F�ds are�ged as ad!�i��na1 secur►tY for a!i sams s�,:���is Se�cc�ritg.I�sttument. ���:,���:�6:;6,W-
<br /> _` ���5 2 u , s� � f.��t��Funds held by Lender exceact t'�e aa�au.�#�e�tiRi�to tse held by app{icabl�1��;:3�d�shap acoonat to fforrawer ��rz,,�.�,,��-�N�x
<br /> ` 1y- �� i-.F?'� a r.,�.��. . _ .
<br /> � , <,� y,, . u�t'a,?��e��unds in accordanoe wit�tgte r•�u�ct1�iJi�gplicable Isw.If i�rZ�a�ticiuni.s��:Y�e�luitis I�etd�by.i:e�der at any, ` ��;rj-�T,�;��z���.. _
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<br /> `� ��t,�cieac w a Hie Fscravr I���,.T.t�tder ma s��sa �w�r i,r c�� .antl;in:suc�:csse Bozra��ea� �. —
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<br /> - shait�Y�+r�`�ca��r the amotmt n�t�La��+�r,,*tti��rji:ficie.�c.y_l�a�onr�r shall�make np.�3te.defic'sency.in:QU�mtxe than: ��^�' x'�'"'� _
<br /> _ � �`� - • � �.,�r�E�.� _
<br /> �����<, tw�lve m�tipa�:at Lender.s.�t?I�d�cr«tiv�... , }
<br /> .;��.'.';.' UP�A PdY�t in 5i�i�of aIl sums secui[ed:t��.ibi',�:S�ritY It�strument, Lender:a1ta11 pmmF�Y refuttd.ta�Aosrower,any, �� -- --
<br /> j� °*�� Funds hdil by I,ender.If,nnder paFagraPi�,2 t.��,'�sttptG ac.ciuire ar sell the Prope�ty,Leader.Fdor to th�acquisition or sato. F���,T �_ _--
<br /> . ,t;;'; of the Property.shalt apply any Furtds�e�d:ky I,ea�c.at siie ame of acquisitian os sale as a cmdit against th�sums srcured bY ' ��_
<br />- • `.� this ScjcuritY Instrument. : . ���� �
<br /> � r�ss�r s� ;,�.,�.,' '; 3.Appilcatton o8 Pag�ents.U�I@S.4 8j.�}I;C817L:�ii!�{�pmvides athecwise,all paymenu recxived by Lendsr under paragraphs -}�+���•�-J� .
<br /> x , � : r, :� i and 2 shall be applied:6rst,w any pr�agcmc�Ae�s�t�s due under the Nate:second.to amovnts payable under paragraph 2; � g,,'����il `"
<br /> €:�".::'' '. '' ' '�`„,;j: third. ta intetest due:faurth,to priecciRa!due:.prlQ�Gt�itr�any late char�e§dua under the Note. �Y Jj����,�: -
<br /> ?:•.'�. <. �r 4.Ci�trges;Lieas.Borrower shalD.�y�.•.aJ(:W.�:i�:flssesscnents.chazges.fines and impositians attribatab}e to the Property .�,..����}. -�_ -
<br /> - ��'��`'` � �'r '' which ma attain riori over�hia Secu�ir�-,Gtat�arricna.and leasehotd a ments ar round rents.if any. Borrower shalt pay '>i {� -.-- -
<br /> �" .:�.,��., Y P �Y P Y 8 .�;:�::.`t�±.-----
<br /> _ _,.`;?;�;i";,,�';,�;�,'';R�.:,�". these obligations in the manncr provid�.�A ir1:qsir�atcsRf�2.or i�not paid i�that madner,Borrower shall pay them on time dinctly - •t�:: ----
<br /> . � � • t ti fumish to i.ender all notices of amounu to be a�d under this h. � F�' `�
<br /> � , � to the person owed payment.BoRatueE sNrl.��s;etth,y P, P���9 �.�.�r R
<br /> ` t ` �' �' ��` �f Bono�ver mafces these p$yments dic;ctt�,C�eta;�t���ec shall promptly fumish ta l.ender receipts evidene�ng the payrr�snu. ` ''�
<br />� , A - Barrower shall promptly dir,ctu�rge an�;�i4�t�iU�ich t�s pnority over this Security Instrumenc unless Borrower.(a)agre�in.
<br /> ,����:
<br /> ' _ ._.. ---.. writing-tathe�paYn►entvfthe�obligotionsecun;d;ls�thelien�n�a�manneracceptabletal�ender:(b)contestsin-goodfaithth�.lien. . _ �;,'r;".'-�'._
<br /> by. or defends against enforcert�cnt o€tttc•Ifi,ni io, legal proceediags which in the Lender's opininn operate to prevent the '`��"' 'b
<br />�1. . � - _
<br /> ,r`r enforcement of the lien:or(c)se��ures f��t;rt�tEie holder ot the lien an agreem�nt satisfactory ta Lender subord'uiating th�lien to ��'
<br /> . � ��:�
<br /> . this Security Instrument_ If L.endee det�catfttes tNat anX part of the Property is subject to a lien which may attain pnonty over �,'�._,..,'::'t,y�.�P�`r`
<br /> � � this Secvri lnsuument,Lender ma� i�e Borrower a notice idenu t the lien.Borrower shall satisf the lien or take on�e or �F+- '
<br /> �.,•....�:.�;�...; .. . . . ty }�,$,,� fY�r►8 Y . �r�4�'.�=,
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<br /> � � � ' more of the actions set forsE�above ucit fn 10 cia s of the �v�n of notice. rf+:<;;��`. . •--
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<br /> 5. Har�rd or. E'coZcert� MmtaBrtce. Borrowec s�.all keep the improvem�ents now existing or hereafter erected on the ,;{.,;s,�; -' �,�,;,rw'
<br /> � • . Prop�ny insured a�in�t::ln�.4 by fi1ia.hazards include��zthin tti�term"extended ooverage" and any other hazards.including ;f:::,,'•.:•. .
<br /> _ flaods or f�aadis�� �i�rw�iicb I,eRdrr requires insurance.This;��.,�r^4.rrx sflall be maintained in the amaunts and for the gerieds �
<br /> �� �r : ;; that Lende�:.r�tu;c�s�'�ie in:�ur,�ace carrier providing the ins��^�:�t��nall be chosen by Borroticer subject to Lender's ap��;a��a� �; ' •�',. �
<br />- � �� which s�a�f rn;,��e unr�.�,�nt►i�ty withheld. I£Borrower fails to inai�i•3in coverage described a6ove. l.ender may, at L�g::s: ,. ,,,j.�;:� � -•;;� ' '
<br /> - i.`'•;:f' .-�.`.�:;�,::.:i. � � ��, , .,,,J.,_ � ,: .
<br /> ���',�, : , � oppon,a�'•ea'veragetr��p{�tect Lender's rights inthe Property ir�a�rdanc��kath paragsaph 7. , , y.".: .
<br /> f 1 . Al!'us:�.atce politia�:�nd renewals shall be acceptable to�.�d.r and"s��'iB include a standard mortgage clause. Lender '. . `�y';��`-:. � �. . , i
<br /> - " shall hava��i�ri ht ta hnlit�the olicies and renewals.Ii Lender r� es.Borr:rw�r shall rom tl �ce to Lender ali rerei ts of �''^���'`.' . '�;��.
<br /> , . g P � P F Y S P '. ;��, �;�:�... . _.
<br />=�� ,:.:: . � -. . . u�e�z�t give prompt notice td*he insurance carrier and I.ender. , �°:_� ;•:i��i -
<br /> ,. : • paid presrs3nms and�iunnwal notices In the event of loss,Borro. • ,:.,..r�u,,: �, ,
<br /> : 5.,-;:--.--::--_;--..:. __.._. Lender may maka psiooF of loss i4'not made promptly by Barro�v�r_: . ' ;'- ���" --
<br /> • � Unless Cend�r and Borrower othenvise agree i��.�n�ing,ii�-araace proceeds sha116e app:ied to resioiation oc fepair of the ;.-�i''1'�"
<br /> 1 , : ;i.''.
<br /> + ��..,- ,• Praperty dumaged.;lf"the restoration ar repair is ecor�a�4:aSly featii�le and Ler.�e�'s security is not lessened.Lf the restoration or �., ' �
<br /> :�,i�.:. � �
<br /> • • . ' .' - repa�r is not ecunomiczl[y featiible or Lender's�eceri:y�sa�td H.iessened,tCze i�sa:rance praceeds shall be 2�tied to th�sums �'� �+ �...
<br /> '' secured 6�--t11(s Security Instrument. whether or no:,::en d�%tit•�Th.a��� ex�wcs paid to Borrower. If Borr�.ser abandnns the '�` ' ' '•.`':�>.;;, '•�
<br /> -� i� `�� �— emr:ur�u�es aot answer wi�hin 30 da s a notice from Le�1e�ihat tEie i�surance carricr has oiferext to settle a clain�.tl�a -�'�"• '`���:��a=+�:
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<br /> ; . � • Lender.�•��c�;1,�t.t&e insurance proceeds. Lender may use t�:.gr�cceds to repair or restore the Property or to pay"�urs i;, , ,T,�` "=•
<br /> � S.- securc�,�;�i�J�t,5is 5�,::i?y Instrument.whether or not then duc.The 3a-day period�vilF begin�vhen the rtc�tice ts given. ::, �''r�-''r�:
<br /> �? �� �i _ �nc:as £.rn.��r.anL Sorrower athenvise agree in writing, any app)ccation of procceds to principal shall not exte:�3 ar �;":�'� . �`'•��:-.
<br /> •;:'."`;.'. � - postj�i�r�.ine u�.ie��e�f the monthly paymcnts referred to in paragraphs ! and 2�r changc the amount of the payments:If � 4. • . . ;'='�;.', -
<br /> s�:: .:: .:,';...�:: under qaa.°G°rdph 21 the Property is acquired by Lender. Borrower's right to any insurance policiec and proceed�resultin�#'�4��..:• �, . �:���� ,
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<br /> : '%���: . d�r�:��*�;T�e Property prior to the acquisition shall pass to Lender to ihe exteat of the�ums secured by this Security Insi�umen� ;•'- ,
<br /> ; ��� ��r��.:: �iinir°E;ia'e.y prior to thc acquisition. ., . •, ... �
<br /> ; � � ' .• 6.�ccupancy,Preservatton,biaintenance and Protertlon of the Ptoperty; Sorrower's Loan ApplIcation;Leas�4iolds. ,� �
<br /> �iair�;u�r shall accupy,establish,and utic the Praperty�s Bnrrower'z principal residence�vithin sixty days after the exert:*.i��o: '�' � : r
<br /> - : this Sz:._rity Inctrument and shall continue to occupy the Property as Borr�u�r s principsl residen��e for at le-a4t one ye��a.`cer . ' . •••. •
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<br /> -� �' ��� -- � - ` � the da�e�f:occupancy,unletis I..encler otherwise agrees in writing. which cros�r�t Shall not be unrearon•rbly�vithheld.or unte,s ?;;
<br /> ��' y;: `, exten�atir.; circumstances exist which are bcyond B�►rrower'�•r�^nal. fi:�tz��iver sha0 not destroy, damage ar im�a'sr. t1�e, � �
<br /> : ; .. � Properc�.•�?ow the Property tu dcteriorate. or commit waste c�n iti: P:��p�.r�5•. Borrowcr�hutl be in default if any toig�i,�re�. '."'
<br /> : action ui;�-�ceeding, whether civil or criminal.is begun thst in L';.n;iei,gc+isd faith judgment could retiult in forfeiwre�f�thc�
<br /> ;�:: '. . Fropeny c�r ctherwisc matcrially impair the lien cre:iteci by th:s Seccr�fy insir�ment or Lcnder's security interest. Bonower^�ay . ; '� �
<br /> ` �,;; �, eure such a 3afault and reintitate,as ptovideJ ii�paragraph 18.hy�«aucinr U�r a:"son ur proceeJing to be dismistieci with a r�"ng�
<br /> that, in r;.nder's good faith determination. prccluJes forfeir:�,nf th�F:psrs>�ter't interetit in thc Property or other*.:l`.•tTL"Y73: �
<br /> ;�i ; impaE-nc:�af the lien created by thiy Security Instrument or ru.nQ.r ti;<:r�r,y interest. Borrowe��hall al,o he in�e:�.��1*af.
<br /> ' : _ • Borr�,�:r:durin�the loan applicationproces.,gav�nu�teri�dly fat..c<�r ir.ac.u'a`��nforn�ation or statements to Lender�'a�����.:1:4
<br /> 1' to provide Lender with any material informatiun�ii�cumtection with the to;�*t�'3Jenced by the Nute,indudi�=.,hi! n��i irr�ited ,
<br /> ' �;. , to,representationy coneernmg Borrower'�occupancy uf the Properey�ati a prir,�:�;,1 retiidence. If this 5�tiuni� frc.,trument iy�m a ; .
<br /> leasehold, Borrower shull comply with all thc prc�visi�mti af Ihc (��usc. If Bomnver a�yuireti fee titte to the Prnperly, the :
<br /> ;', ;,, ' leasehold and the fce titic tihall not mcrgc unlctiti l.�nder agrecs t�>the mergcr in writing. `
<br /> 7.Protection oY I.ender's RiF,htc in the Prope�'ty.lf R��rtowCt f'ails to perfittm the cuvcn�nt�and agreement�containe�in
<br /> ?�;'., ;. , this Securiry Inxtrumrnt, or there iti u k�:+l proceedino Uiat mny�ignificuntly affect l.ender'ti rightti in die Property Isuch ati a
<br /> :� �� pr�ceeding in bankroptcy.pr��bate, for condcmnation��r fi�rfciture��r to enfurce la�e.or regulatian�l. then l.ender may du anJ
<br /> - �'•�.�.`,'.� �ay far whatcvcr is nccesaary tu prolcct Ihc vuluc uf the Pn,perty and IAndcr'� rightti in the Pruperty. I.cndcr'ti actian. may
<br /> �; � mdude paying any sums �ecured by a lien which hati priority over thiti 5ecurity Instrument. appwring in rourt. payi��F
<br />- ��� '.�.',:: : reasonable attameys' fees and entcring on the{�ropcny to makc rcpairs.Al�hnugh I.ender ntuy take action undcr thir paragrapb
<br /> =�e�' ,. • ..
<br /> _'�� i'� . +�. ���. „ 7.Lender does nnt havc t��du su.
<br /> • Arty amoums disbursed by l.cndcr undcr thiti para�!raph 7 shall bcamic udditi�uud dcbt uf&+rro«rr sccureJ by d�iy
<br /> ,._�' �,�',�`,� ` `� ' Securiry Instmment. ilnless&�rrowcr and Lcndcr agr�c t�s utt�Cr terrns uf p,�yment.tlu.e umountr�hall hwr i»tcrest frum thc
<br /> � ''�` � - �te of disbursement at the Note ratc and sh�dt *a; p:eyah!e. K•ith intcretit, upon niiticc f'r�im Lcndcr tc� Borrowcr rcyuc�ting
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<br /> , �.�7rlgage Insurance.iP I..ender required re�:,_u�c ir�cL�ru:YC�u�z�ai.�'.:tion nt'making the lo;n�x..:rJ by thi,�:c�rity .
<br /> -�:,,:, '.; ;.;,,;;�s...''; ,: �s_,�s�mesi,a,3ongwer shull pay thc pn:miwns requi:;a:c mai;�'.�s�tnc r.i7-!cage imuran,� in effect. iP, ti�r:sny rL��_�n..]'n:
<br /> �{ ,R , � i:j':�yv ,. . :;,3-r�agt�nsnr•�.-r�ca'rerage required by Lendcr lapses o;ret��ev Tn he ir. :f w:.t, $orro��•er shall pay� thc premium5 -�q: �3 i�.� .
<br /> f`�� ,." , � " .� b5',E�n€�yarv�:sn�+s:antially equivalent t�the murtgage ins4r;��ee,:e.ia:.'s;r�;�effcct.at•a cu.rt tiub�tantiall��eyuira::r•,�, M; • .
<br />--'`�'t !•�'� �.---. ' ' �,::.Sn4,fn��-�3:�;.�,r qt�mort��e im��r:ince prcviously in effect. from:L:r�:r�-nute ntongage insurcr approved ba Lcndcr. if
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<br /> f:. � . ' • • • v�.{o�c�a Form 3028 9190
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