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<br /> _�.�r„V.��T- � �l� '.1�C�p1 �f1 i� 19fY �11F%"AVNMtI►i{ 110W df �if �Yf�1�Ufl lfif!pf'O�ilQ�y� Mt� 11� MIIWIt1M1b, #�1M10f10110fii,�i1�3
<br />_ _,�-. . .* , e. A�rtur� n�v+oc her+emRar a per4 ot tt�+��w�it�ty.AA����c:�enxc�lr end adciitkx�s ehs��rGEU te�nr+cr�ci b}thla 5eurrriy Inrin�mpnt, .. �_
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<br /> .. . . �......:.� (iiJ f�i�:":�;,�/ C::� ii'•; t:i7 ���:'-,`:��J L';:°:;1:".':��:'..::::1� C:--- :1 tc'I C.:=:1::�,n:;:C:::l ��.�7.:"�:,�. �::,::r�:E�:t:C��,.::i:.l C�:'.�5'..1 ;)�' ; .
<br />'_._;;:`� •� ,: _::,;� clt�tund¢�xtMy,lh�t�Sfs fo iha�'opury+t�i�Iht�t KII c�sirna snd ck!r�tttda,�uhjeot to w�y cnoun�txanteo at�esctHd. �m r "'..'
<br /> ;��:;:°�,:��.�+,-��Y►., 7iii9 B�Ct1HCf'Y IN97Hl)i�At�it �ombins� unffam� caveewr+�a lor �uUor+d ufa �nd non•un(fonn covarn�ntf wKh inka�i�„� _-
<br /> �.-----�;:,;..,; wrN�tionf�y�uNediction to canitlwi�R unKam r�ourity fnsduna�nt cav�rin�rr�l pr�rty.
<br /> --_��'a•,'�„M� UNIFORM COVENANJT9, 8arow�wtd l.�nd�r oor�M�nd prN�st foMavl:
<br /> `" 9. P�+ymstst ta!Prin41pa0�n� laterost; Pr�p�ym�nt ared I.st� Charg�n. NwroYrer eit�tl�xom�n.y pRy wh
<br /> �-."-,:-1:_��„�,r:.srr�r du�th�principai a4�nd int.►�a ory�n.�.��ey��w�w�a��y�.,�y�r�d e:;x3 i:t�cw�«w:+:aa wc::.r i�a::..:,+. =
<br /> ` .� �. Funds 1or T�xn �nd insursnc�.eubj�ct lo y�plo�t��r�v or to�wrNtan wvvK b5►L«tidr. Bunr�wK rFw1{�'
<br /> r�'::;�•��r to L�nda on tha rMy ma�thy paymmts w dw undK th�MaM.uM.N ti»Noh f�p�id in FuM�� wum !'FunJ�`) � (�1 YM+N
<br /> _��.��,�;Y�t; • � taxM w►d nesn�m�nts wAkh m�y atPak� p�iorky ov�r thl�6�aYity Inttrummt�s � wn on th�r H'WHttY (b) Y�Y �+�
<br /> _:=�.z•��� :k�-• p�ymmb or prrwnr!nnts on th�Ptopwty,1!�nv: (�)YbM h�urd or�xop�ry Inwrrrsa pnn�iuea; (dl w�r4fi Aood inwnno� _
<br />—• :. . ' •7.'` -•,, prN��K�nY�(u?Y�Y naAy�InNU�pr�niurra. N�ny��nd(4�nY�P�Y�by Barow�r to L�r►d�r fn nccord�nc�
<br /> -�-__._f-,,�_��r.. ':�:,:.�: with th�provi�loris M p�rapr�ph e� In Nuu o1 Ih�pay�►�nt of mo�t� Inwrancs pre�rAuma. Thew It� �n c�d 'E�ar++i
<br /> � ,:��,,. , .,•r, ifF��a." Lai�:r r.Ry,at rr�y�Ta� ca�:�a.d had Fw�ds kz� a�naurit not to �c..�th�r���anum emaua! n Ime4�fef e .- -
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<br /> •,-,.,.�:._. .:�.__,�:ju fed�rMy reht�d mai�qe lan m�y rss�uin lor BartawK'��orow acaount uedrr th�tttfaN iiMl Esu►ta Sa�tlartient F'roc�cAr�s
<br />_':i.•,•. : , , t;,•� � Ac!of 1874�s�rrMnd�d kom tkrN to tina,12 U.S.C.�2�01 �t �sq. �'RES?A'), unNss anothr. I�w tlut ap�s to the Funds
<br /> . .:. , , eeh�Naaa�rnax�t ff so, LmdK may.�i ony tkn�,coNwt and Nobd Fun�de In �n amauM not to exceed tho lasser ynount.
<br /> � Le�nd�r may e�tirrnt�Ih�anount el Fundn dw on the bael�01 axe�nt d�ta and �aton�bM e�tkn�tda ol a�cpendkures ot iutun
<br /> . 1 �scrow Rem�c►oth+�ia�If1 ACCOfdQiCe WMh�f�f�bN{�'N.
<br /> � • '� The Fands �haN b�holJ in an kesHtutkm whose dpoalb w hwnd by a f�d�l s�y, haLumant�lity, a enUty(fnelixlinp
<br /> '•:�:�y?� ' '� L!(Id�►, M Landa le such aa insSNulfon) o�in �r►y Fedend Hocrn loan Eienk. lantbr shall sppy tht Funda to pay th�Eaaow =
<br /> ' fta��a. L����m.-y rtot ch:r�� S:.�m:,•�tcr ha�rtp s:td=FF�'�➢tha Fanda. enr.u_..M,r��n�the esc�ow ecra!nt,es ve�yin9 =—
<br /> the Eacxuw iteme, uniesa Lender �,aya Barower Interest on thv Funda �nd appYcable I�w permits Lendar to m�ke auch �
<br /> . •. . chupe. Howerar. 4ender m�y requks Borrowe� to pay� on�-ihw chuq�tor�n hdrpendatt rerl atate tax reparttnp eaMce -
<br /> used by Lendar k� connection wHh thls loan, untes� eppl�sble Iew provlde� othervrise. Ualess an ��eament la made a �,;;.
<br />� . �ppNcable ww rnquirea Intereat to M pald,Lendx ah�ll not be required to pay Barower��y in4arest or eamfn�u on the Fun�a. ° •-
<br />- Barowe►end l.ender rt►�y �Qree fn wrNk�p, hawaer, that Intentt shaM be paid on the Funds. lender ahaN �re ta Borrower. _
<br /> wilhout cAarpe, an �nnval eccounlinp o1 ti�e Fund�, showlnp cxediW end debke to the FunJs end the purpc�sa tor whkis ach ;;_;;
<br /> • , debft to the Funds waa made. fie Funda�ra pledped�s�dditlawl s�curity for dl sums secured by the Sacudty Inatrumait.
<br /> If lhe Funde hefd Dy Lender dxceed the amount�peRnlfted to ba held by appCcaWe kw. Lender nhd accoun9 to Borro�va �-�
<br /> for the exceas Funde fn accord�nce with the requkeenaita of appllrabb law. If the smount of the Funds held by Landx at Rny
<br /> tkne la not sutRclent to pay the Esaow Items when duo. Landar may ao nottfy Borrower In wdW►y�and,In such case 6orrawa --
<br /> shaY pay to Londw the�mount neccsssry to m�ke up t�he defldency. Rortower shaY make up the deflclancy In no mo�e than �
<br /> tweRve monthN MY�Sa,et Lesidara Role disaeilon. --
<br /> Unon Qamwnt In tu(I of ell numa aecured 6y thta Se�wriN Irstrument, Londer ahall prompUy rc�lund to Bortower any Fund�
<br /> ' ;� held by Lender. If, under paragnph 21, Lender�heM acqulre or aeN the Property, Lender, pr�w to the acQulsRtlon or safe of the —
<br /> Property,ehall appty eny Funds held by Lende�et the time o! acqulsition or s�le ae s credlt agnkiat the sum�Becured by thts
<br /> � Seairity InstrumenG
<br /> ,.,�.:, 3. Applleatlon of Paymanta. Unless appYcabb taw provldes otherwtse, aN peymenta receked by Lmder under _�.-_
<br /> ' . pare.graphs 1 and 2 ahaN be apMiad: ftrst,to eny prepayment charges due under lhe Note; second,to entuunts p+�yahfe under �s�,
<br /> para,�raph 2;thkd,to Intorest due;lourth,to princlpal due:and last,to any late chargea due under lhe Note. 4�^,�
<br /> 4. Ch�rg�s; (.I�tts. Borrower shaY pay sU texcs, assessments, charges, fines and Imposltbna nttr�utaD�e to the
<br /> • Propa�ty wh�h may�tLMi prloriry over thls Securityr InsUument. ond leesehold paymmta or ground rents,H any. Oarower eFseN .,
<br /> pay these obl{p�tbns fn the mmner provlded In peraprnph 2, or H not pald In that m�nner. BoROwer shaH p�y them on tkne
<br /> directty tv the pason owed paymenL Barower ehaA prompty fumfsh to L�nder aR notices oi amounts to be patd under thts
<br /> :•;�, :, ppr�praph. If Borrower m�kes these paymenta direcily. Borrower ahall promptty fumish to Lendar recelpts evlde�cinp th�
<br /> ..1,��. , payrttente.
<br /> • Bo�rowx ah�fl pramptty discharge eny Iten wh�h Iws prlorily over thts Sacurity Instrumont unless Borrower. (a) agrees In
<br /> � • '� wrftlnp to the payrnent af the obMgaUon sec:ured by the Itm In e rtwner aceeptabb to Lender; (b) contests In good tallh the
<br /> .,:;., Iien by, w defends apnkist enforccment ot the lien tn,legnl proceedings whfch In tha Lender'e opinbn operate to pre✓ent the �
<br /> � ' �+ entorcentent of the Hen; or(c) secure9 from the ho{der o1 the Itea an agreement saUatactory to Lender subordlnaUng tha Nen to
<br /> „ thls Seauity InsUumen� If L¢nder determMes that any part ot the Property Is subJect to a Nen whlch may attaln prloriry over thfs
<br /> , �" . �curku InsUument,Lende►may gMe Borrower a noUce IdenUtying tho Aen.Borrower shall saUsty tho Nen or teka oae or more ot ,
<br /> , • � the acllons set torth�bove wlthln 10 daLro of the gNing of notice.
<br />' b. Hazavd w Property Insurance. Borrower ahall keep the(mprovements now exlsUng or hereafter ur�ected on tho
<br /> ,.��,,, Property Insured ag+inst iosa by Tire, harerds Induded wilh(n the term 'extended coverage' and eny other hazards, Including
<br /> nooda or nooak►o.ta whlch Londer regukes Insurence. ThIs insursnce ahall bo melntak�ad In the amounts and tor tho periods
<br /> th�t Lond�requlrea. The Insurance cartkr provldlr►g the Nsurence shall bo chosea by Barower subJect to Lender's approval
<br /> • whlch shall not be unrenconebty wtthhe{d. It Borrower fefls to malntaln coverage descxlbad ebovo, Lender may,at Lender's
<br /> opUon,obtaki coveraga to protect Lender's rlghts In the Praperty In accordance wlth paragraph 7. �
<br /> ' All Insunnce poNcles end renewals ehaH be eCCeptebte to Lender end ahaN fnclude a stendard mortgago ctnuse. Lender �
<br /> , ;' . ahaq have the efght to hotd t!►e po9dos nnd renewals. N Lender roqu{res,Bortowcv�heN promptly glve to Lentler aq recelpts oi
<br /> �.,'I patd pranium� end renewN noUces. In the event ot loss. Borrower shal! gNe pmmpt noUce to the Insurance canier end Lender.
<br /> , Lender mn�m�ko proof of loss ff not made promptty by Borrower. �
<br /> �,{ Untesa Lemier and Bortowe►othenvlsa agree In wrl4ing,Inaurance procc3ede shall be appAed to restoraUon or repalr of the
<br /> } Property demaged, N the restoraUon or repal�is economlcayr imsihle end Lender's security Is not lessened. If thE restoratlon or �
<br /> • ►epak Is not econon�lca6y teasihle or Lender's securily would be lessened,tho Insurance proaeeds shaU be epylled to the sums i
<br /> secured by thts Security InaUument, whether or not then due,with any oxcess potd to Borrower. It Borrower m'�andona the r
<br /> Property, or doea not�nswer wflhln 30 dtya u not(ce irom Lendt�that the inaurance cartier hes oflered to aettto e cletm,then I
<br /> , Lender may coMect the Insurance proceeds. Lender may use the proceeds to repak or restero the {'roperty or to pay sums
<br /> � :. secured by lhts Securky InaWmenL whother or not then due. The 30�day period will bepin when the noUce I9 gNen. � '
<br /> Unlese Lender snd Borrowe� otherwlae egtee In w�ling, eny eppllcotlon ot proceeds to princlpal shaA not extend or �
<br /> , .. postpone the du� d�te of the monthy paymente retetreol to In paragrephs 1 and 2 or chango the amount o!the payments. 11 '
<br /> • untier puapnph 21 tAe Prope►ry Is acqufred by Lender, Borrower's rlght to any insuranae poNclQa and proceads resulUng irom �
<br /> ¢ I denyge to the Propaty prbr to the ocqulsNbn shaN pas� to Lender to tha extent o! the sums by thls Securky Instrument ,
<br /> --- - tn,nwti�}nh..vtn.rn�hn erlu�t¢uten _...
<br /> ._:_-__.- _ ..._.._�.� �.._. .- -'- --�-'---'--
<br /> i l 6. Osaupancy, Preservatlon� Mal�tenance and Protectton of the Property; �orrower's Loan �
<br /> " . � Apgfiaafion; Lvaaeholda. Bomower shsll occupy, estnbli�h, end uso tho Properry ns Bortower's p�ine[pal resldenco with[n ;
<br /> + sUtly days efter ihe execuUon o! thls Sa:urlty Instrument and shaN cwntfnue to occupy tho Propc�ty es Bortnwer's prtnclpal
<br /> resldence ta nt least one yeer after tho date o1 occupancy,unlass Lender otherwlsa ayroos In wrfting, wh(ch cansent shall not �
<br /> �te unreesonebty withheld, or uMoss extc�usUng clrcumstanses exlst whlch nro bsyond Bomower's conVol. Bomower ehaN not
<br /> �u �� desUoy,dunage or Gr�pnk lhe Propetty, allow tho Property to deterioreto, or cottxMt westo on lho Proporiy. Burtower aha{I Ce In
<br /> �� defauR B any fortdturo�cUon or procoeding, whather dv�l or c�fnkial,Is bogun that in I.endcY's good faith Judgmertt could rcsurt
<br /> � {n toAeHure o1 the Froperty or olhenvise matertAfly Impalr the Nen c�eated by lfils Securiry Instrument or Lender's security[nte�est.
<br /> ' F7316.LM0(1Z/93) PaQa 2 of 5
<br /> �� ,. " � 3G750
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