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<br /> ' ` 'fiO�Fifft,kll3�H e3 tita hur,ptav��ts now or Aerasft�esected on�ite prape�ty.end eIl eaaacens.aA�uttetwr�ces.ena •� °=°=��:=1;�--_Y
<br /> : � • ' f5��e� navr at h�x�s pue at the pro�rty.R�r�cr�rt�ffi and,add3tans a.ha9 afso.be cov�ed b tita&eau�y►b���rti . . =h4.�.�``."�.�---._
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<br /> � . ' �!2�'!�a fa�c�ig Is �r�'�red.to�3Rs Se�fl tns�nrtant�t tiia Ftopetf�r - � �.,� -
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<br /> . 8 �RaYJ�4i COVENAt�fB t�i Bo�ra�+ter ta k�RaZy betted at the,eatate ilere�y canveyas!and haa the tFgflt ta gant anQ"
<br /> -- - _-- cnmray tha Pta,Fe�3f aad ttrAi Eno Propei}f.is unana�nbe�except far enau�ran�s af.r�r� Bon�c����nb en0�� �--• i � _--
<br /> - — Qetestd$astxaPy;ite t3ks ts ttts Ptope�ty,a�ein31 si c�tn'.a and de�rtf�tds.subjaci to atty e�taa��rr:cE3 ct���. . � �`�� - _
<br /> • . 7HG4 SECUl9tTY tt�iSiRUN¢NT r�a�inw w�an� cov�mb iQr r�nri usa end nctrun,Yarm cavertenL� wfihh tirr�taQ�H� 1 � ._
<br />_ � vat`��2!cens by,�nfadtctias�to caneC�uta a unifotm ae�autiy t�atrqt�ac►t cavedng rtffit prapeRy. . - i� �,�:{'�t�.t";� ._.
<br /> �JNtFC�RI49 COiIENAN�J Bsrroxre end Lertd�r covensni anB t�e as fo3i�cwa: ' - = _
<br /> • 1.Payttt�nt of Pt1tt�Ipel6tnd tnterrs� Pir�psymsnt�and L�ta C4iargas.�or��r�shaH prarr�t►Y Pri whe� � =,
<br /> • . due 4te �'�at and inieras!on U:e dabt c�(�sced by the Ptote�nd ss�pteptym�►t�ttd�U cSta�ge��to tmt�tha Noi� - - -
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<br /> y•" ' •-, � 2. �iiffi3 ita�4a�tss �d iasurancs.�;e�a to ap�te ta�x ar ta s�r�,�r�b�!t.�Qg.B�rawcr atnH ps� �. .< `,'� --
<br /> • to L�tder on th�day morttttf'�/Paymty�b ate�te tmder tlse Na:o,untJ'th0 NGtl1(3�7Ii!(fl 1li�l.8 fittiil('Fun6s')icr. (a)Y� � �.. s;�,��,---.-
<br /> . . -"�",j tm;�and assesstr�2ttts w!�!ch msy et�fn Pr�ft�►aver Ws Sea�rftyr iastument es n fien on the�ta9ety►:@)S�Y k�aehafcf� � ..- .:�...:;
<br /> . P�e'� 4r�urtd�b an tna Prap�ty.H eny, (o)3I��Y Ra�rd.er�eqty(na►u�ca ptemlurtt3: (�Yeazry Raad En�� ��'�
<br /> `- _ _ R�'�•��Y(e?Y�Y��insueanes Pre�Sams.ff aisy,end ttl enY sun[�Oeyabta by Bartarrerto Usder in ec�erci�as -_ -
<br /> � ' � elth tha psovtsians o!P�'�A 8.tn�er o4 tAe�jRr.ent of mortg�ga tnsivance D��[ma. These ftetns er�eaIIed 'Es� ` � , -= -
<br /> . ' ttems.' � l�nQer mayt.'at enY ttm�coQect and hntd Funds in en amcwit no!to exeee�tha m�carnlm errtount a i�for a - . .- <•�.�,�-
<br /> • •i [ed�aBy�maRgd3e Wan�rsaY re�uita tar Botro c�a esaaw aceo�t undar the te,detal R�I Estate Srufaneri Prau�s . . ° --. t „=�_"
<br /> . Ad af 1874 es ame�ded ireim ffi�to t9tt�12 US.C.�2&�t et aec�'('f�SPA'). ��enother law fJu� eDAites to tha Furcds � , :' szr;.�
<br /> � . , sets a t2sser arrounL �It so te�d�may.ai assy�co4ect�d ha�d funds(n�ama�mt not ta e�cceed the tesser em,aunl. . _'.'. .;��
<br /> Leids may estYeats the amewtt of FunQs due an the 6asts ot ament da�artd r�sonaEta e�irt�rPS of Wend3ures oT ttrt�se ' • � --
<br />: , �SCTOY�{i�3 Of.Ott�W14B ftl flCCOlI�1IC0 WJ1h B�Ht�141dW. ' ` ;���—.
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<br /> • � Yhe Fuads shm9 be heEd(n,an tnst�utIan whose dr,¢osds are tnsured by a fedeai e��y.tnstrtu�y.ar er►t�yt(ind�Cdn9 . �`�`%�``°''=�=�
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<br />- L�der,8 Lender ts sucb en[nsll&Hdn)ar in arry FeQeral Homa Laan Bank. ls�der shaii appfy the F�usds to pay the Esumv ,. , �<Yr�_�;;z LL-
<br /> `-� . , .. ftaru.Lend�r�Y nat chargo Borcaw�far hal�ng end ePAM►�9 tha Wnds.�srwaBY an�y�n9 the eagow accourA,as vetNyfng .. �_..__ _ --
<br /> `.� . • --- the Esaaw Rerra, �miess L�der Pays Bormw�(ntees! on the Funds end appCcabta tavr parrtds LettQer to malce sticls e ' � . : .�����-"-
<br /> _� , charga Haw�mr. i.e�da ma3/ r�dre Borrower to pay e one�me charge tar en tndep�dc�[t real �t�c�epa�rg senlee L ; .�;��J
<br /> . used by Lender tn conneexion w8h this toan. unfess aDplicabte faw prsrtdes atA�wts� UNess an atR�+��is m¢de ar - ' :"%�
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<br /> ,__ .. _� appYraEta law re�cke.s tnte�es!to be pat�Le�nder sha9 not 6a Ezquired to pay Botrowes emf�terest m esrnb�a_s an the Fund9. • �...�-,= -
<br /> Bottv�rer and I.eid�r m�y agsaa tn wr�ng, hawer�thad t�rrtesest sha0 bs patd on the Fun�.Lender sflaY giva� Bartower. Y � *�, '
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<br /> . • w@hau!charga an arteival e�v�fng ai the Funds.sfiowT�g aedts end d�Rs to the Fur�ds and thA pulpose tar whicfi each `; ' ' s _:�rL:z
<br /> . .. . .. � deb�to the Funds was mad� fie Fmds,ara p�eQged es add�tlonaf s¢eurf�/far a�s�uns seaued by the Seacrt'ty tnaCumdrt. - ----
<br /> B ffie Funds hdd Dx I.�d�mccexd tha amaimts pemfidted to De heid by appDca428(aw.I.e�d�shaD accourtt to Bortower
<br /> . � tor the e�o�ess FussrJs tn azca�anee wftA fhs cequirements of app�cabte(aw.(t the amaunt af the FunAs hetd by Lendet at erry . ' '
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<br /> �___ tfi�a fs not sufEd�t to pay the EsQaw f0�ns wh�due,l�d�may so aotdy Bortower In v�ting,enQ in sucA case Boma�v� _ =_;�,;_4 a_
<br /> -_--_ - . _ wsh..�a8I pa—y_�to`(L��erider tha emourt�n,�ecres,,s-�rwy�t}o��ma�ke up the,QeHctency. Botro�He►shatl raaka up the dsftden�y in no mo�th�, _,� r:� -
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<br /> '. «.. , Upon pay�st�,!tn M1 of a(1 s�uns secured by this SecurRy[nstrum�t,Lender shaD promptly rei�md to Barrower mry Fimtts ..-�'� .�
<br /> • hda 6y Le�dst. td.und�parag�apb 2t,Lend�sha4 acqutre or seD the PropeKy,Lertder,pdor to the a�quisftion or sale of the � • . � � .
<br /> • Pto�ety.sha9�yl atry Funds fietd by Lender at the time of aequis�ton ot sete es e credd agaTnst the svms secwed Dy thi3 . . .
<br /> � ��• � 3eaafty 1'nsWme►t `� ,. ' �.�. � � _
<br /> ``'t'� � BPP�!s law provldes oth�wts� aD payme�ts r�caved b l.ender �mde�, ,. ..< :
<br /> :tt,t:•,.� 3. Appticat�on af� eM�. Untass Y .aa��,�_,.�
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<br /> r�`xj;�r�,:' , pcs8gtgphs 1 811d 2 SheD tt�3 .,•�•�'•�..,>,, -• .
<br /> 'r��•{ - up�ltr:d: itist.to an1►VrePaym�t charges due under the Not�second.to amounts payabie under .��;•;�,,;.�,��,; •;
<br /> puagaDt��thtrd to 6rt�est ts:�tau�.ta{r.fi^�aipa!Eue:and tast to any tafe chaiges due unde the lV�. " •= �#.'
<br /> � 4. Ch�g88; Ue�t98. 8orro�xer sfulF. p�y aD taxes. assessmetrts. oharSes. ftnes and im�o��ffitributebie to tha � '��-� '••;
<br /> �� � ' �P�lI���Y at�pdority over this Sr�'r(ty InatrumenL and t�sehotd pnyments or�ound rems,fPaty. Borrow�ahalt.. , : �r".�•" .` ,:Z:
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<br /> . •'....k%:,`�., .� DaY these ohffgatfons in the ris�n�provided�In Para�aph 2. or H noi patd tn that manner, Borrower shaR py th�on Umo. _�-5.�. ;:
<br /> ,4�;':'`:•, � . �r�ttf to tha pc�aan oK�c!p�tym�4. Bonawer s4�afl pmm,�1C�fumish to Lend�a0 nottces of amoants to be patd urQer tht3• • �Y :. . �
<br /> , � �h. (f Bom�w�tr�ta�these payments d'uectly. Ecrr.ewer shsD promptiyr fumish to Lender rec�pb e�+t�g th9. -- �
<br /> • • payme�t� . , ,� . ��
<br /> ' Borr¢w�►�,c��omptly discharge arry Qen which has pdority over this Secucity Instrument unless Botrower. (a) a�eea in ,.,. � °�_�;.,i:�
<br />:,, . • • wr�Ung to Ne payT.ent�ot 4he o6ltgatta�secured by the Ilen tn e mann�aceep�ble to Lender. (b) coR*�ts tn good taitb the , �; l�: ,'::.>,;,,
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<br />_ � '., 02n by. or def�ds agektst erstorcement of the Qen tn. legaf proceeNnga wh1eA in the La►ders opWon aperate to prevent the ,,�%,;• ✓�: �`"�•�
<br /> '�:,:;�`r;:,i,, �, entorcmttent o!NB Oen:or (c) secures trom the hofder of�e Uei en a4F�zement saUsfac!as�!to Lender subard(naUng the Uen to F �,.,;;:r;:;;,: ' '.: '.. �, _
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<br /> Uds 3ew r i ty Instrum�t I t Las d v d e t e r m fies t fi a t arry p a r t e�t�se P r o p e r ry Is s�Je c t to a f i a�w A f c�m a y a tt a i n p rt o r R y a v e r t h�t ,�c � �
<br /> _ ,�c' :. g�(nsNunen�Lender��giva Borrower a noUce tder.':G�ng the Qen.Borrower shaD s�....-`�ty the Ren or take one or mer�a ot � �' , , ••,�<`
<br /> , ri .,.( . the acBons sef tarth ebave�vittth 10 d o y s af titz giving at noUce. . •, ',.�.;�s>.:�r,,
<br /> � 5. Hazud or Prop�rty�nsnrasteq.eorrower shaU kea.�.the tmpcavements naw wdsVn�ar t�reafter ere�Ked an tha .,.�•,%j.,f..
<br /> . + ProPerlY (nsuted againsl foss by ffre. hazards Gt�uded w�`+:n the tertn'extended coverage' and arry ot�er hemrd�. Inchtdtn(� • . ' . '�,.=.
<br />- ' t3�-od�.or 4on�ng.tor whicfi Lendef tequtros insuranc� Th�s inauranca ehaU be mafith-,ad in the amourrts artA forthe pc�rtods � . �iw "' ..
<br />- , . . 4',zi L�[dtr►equiras. The insurance cartler provid�ng tl:e fn�rance shaD be chos�►by Eorrower subject to Lendm's appravaf . • � ,
<br /> . vAiicli shs8 no1 be unreasonaby wfthheid. If Borrca�tr53 to malntain coverage descnbed abave.Lender may,at Le�de�s . '
<br />- � option.abte6�coverege to protect Lend�a dghts fn the Fmpedy tn eccordance wfth paracyapA 7. . �
<br />- : . AA in�acsar,ce pottrles and renewals aha0 ba saceptabte to Lendar end sha0 Includa a standsrd mortgarya dausa. Lender . � '
<br /> � . sna8 hava tho dgM.to hofd the poades end'renewats. N I.ender requhes.Borrowe►shaD prompUy gNe to Lender e0 receipta of '
<br /> � • � � pId premtums end renewaf r.ztices. In the event of lose,Bortov+er shaU give promDt noG�ce to the insurancs cartier artd Lender.
<br /> '� � � • lend�may make pmof oi ta:�if not made promptiy by Borrower.
<br /> • Untess l�ende and S��r otherxtse agrea in wdt(ng.tns�nance proceeds sha!Ce appDed to rastoraUon or repatr of the .
<br /> - �,; . ' Property delra�eQ,if the Rastoratlon br�afc is economica0y teasmJe and Lender's securfty is not fesaened if the restoraUon or � �
<br /> - 'i repak t�nat er,�xamice9y tt�asml�or Lenddo sea�Eiyr woutd ba lessened,tho insuranca proceeds uhrt9 be applied to tho sums
<br /> -° � seeuted by th(s Searity In�irumenL whether or noi then due, With arry excess paid to Bartawer. [t Borrower�bandona the ' . �•
<br /> � ' Pto9erly, or does eot ertsvrsx wtthin 80 days e nvtice fram l¢nder that the(nsurance�rrt�hes aflered to settle e�teim,then�' ,. '
<br /> � Lender may coYecs tha tnsurance proceeds. L�der rt�s�/�s the proceeQs to repaU ac c�tore tho Propery or to pay sums � • �
<br /> aecured by th3�Secwity fnstrument,whether or not th�r dua. fie 90�day pertod w�begin wh�the noUcs Is gNert. . • '
<br /> � � Unies9 L�der end Bolrawer oth�wise e�ee in w:E9ng, any appltc�Uan of proceeds to pdn�al nhaA not extend or � � . ,
<br /> • . pastyone the due Qate ot th0 moritt►y payrttc�::s referted to In paragraphs 1 and 2 or changa the arr.cwM ot the payments. n . � �
<br /> ' . � un�er Puagreph 21 the Properiy ts acqufred by Lender. Borrower's d{�t tv eny insurence poUdas and pmcoeds resufUng irom , .
<br /> -� � � dunage to the Prayarty► pdor to tho aequisiUon shn�7 p�s to t:ender to tha m�tent ot tho sums by thb Secuifty tnsUument i • ,,
<br />-- . � Immtdiatcly pdot to the ecquls?tlon. �
<br /> � . , 8. Qacupancy. Proasrva4ton, Matnt�rtaacm and Prot�atlon c�t thv P�oporty; Bonawer'a Loaa� l ' �
<br /> . qQFlleatton; L6�ho!$8.Borrower ahr9 eccupy.estabUsh,end use the Properiy as Bartower's pdncipal resldence within �,. .
<br /> . . � sCGy days after Qhe e�ce�utton at this 8ea�c� (nstrmrtert and sha0 cartUnue to accupy tho Rroperiyr as BoRawePs prGidpaJ �
<br /> • residenee fnt at faast one yaer after the da0�o!occupaney,untess Lertder othervAso agrees tn vniUng,whicb consetn ahall not ; ,
<br /> .. � ' ' be unrr.esonsbry WEthhetd.or untesa mQenuatit►g�ircumstancos exbt wAich are beyond Borrower's control. Borrav�r� shaD not f . • �
<br /> -� destray.Qamage ar Impatr the PropEriy,adaw tho Rcopaty to dc�tedorado,or cammit waate on tho Properiy.Bocrovrer shaU bo in �
<br /> - . . � � detaul!it any Tortei�re acLan or proceed(ng, whether ctv0 or cdMnal,ts begun tha�in Lender'e good toitb J¢d�pnent cautd resuR � - . �
<br /> - � � . In to�tne of the Pmpertq er othenMsa mti�talty tmpatr the Ilen created by thts Secudty tnsUument or lertdefa seauity interest +
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