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<br /> ,.� ' � 'iiiz Fniid� �:li^I! b� h:l� i❑ :n► 9Er,�itutiou �:fi�::c d::�iosir�s me insuicd by a fule►�r.: <<�..�.�y. i�isi�!u31a� ze1• �� .'�
<br /> ( (i�tcic�cliii3 1<:s��l�r.if l.citdit�i�,:,nE•ti�u�it�;iitWiuu)ur i�i�u��r f'�.rlcy',d Ed�mt2 f.�:m t?antc.I.cncicr slt,+ll enply t�c 1��u�tds t�p:iy i?:c �, ,,
<br /> � � !•:=.ctai�•1 lt,���.�,t<�uil:•.•�r�:if u:�t cirur::►':it�ue;cr G��hnldin�;�in�! ,!}�{�lyi��;�thc Z'�i�s!1�;, mwi!,�Ily analyrior�ili^c:.c�r;���rs:�nvus, t�r
<br /> �- If�r�Jcr Eti s:��al:��,�•.•i !:
<br /> V�iiiy�6i�l�l:;��'�:i�Ol7�IS.IP"�,4U1�I:S,d.Cllt�C'i!.):lyfi I�11i'fUVJCf IBIICi'f`.i on ti�c Nuncls i+nci a�,=���Ct��O=:A'i N:.iii:ii:i n ,
<br /> '� u 41iarl;��.l���•rcvc;r, la•nctcs nit�y �•c�uire Ijnrrue�cr ta pay�onachn�ck�r�c fbti•.m indcpcncicnt��:tl cstatc tnx r�paiti�2,.,c�vic;, 4,, , =„
<br />._....�...i.1al.t..,r-4.{y US.f.tl �1�) I1CIt(,�CI' 111 CUllll!'CIIQ►Il WIQII 1I119 laau. uuless np��licublc I�w pmvides otY�cr�i�c. Unlcss an aBrwcuien8 1s in:�c nr �r_�.,;:
<br /> .....,;�;�r�,�y4,.. n,��;ic:ihle In�v rc�.�ulrr•+inccretic lu b;,patJ,L.end�r tihnfl nat U�►•ct;u{rd<I to pay Rarro�vcr any interest oe cnrnings n��tl�r. C'oncls. �c'iJ�
<br /> �„-.::-,,,s,z::._= i3urra��cr aiut I.co�dcr n��y agn.0 ln w��iting. Siowcvcr, that intcrest shaU bc paid on tl�e Funds. I,cnsler shafl Aivc t�13or►�owar, ___
<br /> -- --- �--� \VIIIIiIUC C�IaY(�c, un ii��nuai acc:i�usuln;; nf thc runds, sha�ving c�'cdits nnd dcbits ro thc �unds tuid the puey�osc f�r wldch c��ch ` .
<br /> deb�t t�the I�unds wctti i�tude. 'i he Funds�ue plcd�;ui uy ad.3iti��ia�l�ccu�ity far all sums seci�re�!I+y[his Secur�ty In,crum�ni. �:=-��:
<br /> (f tBc�unds hclil hy �.cndcr cxcccd Utc nmouuts[scrmittc d ta oc lic l d b y n p pl lcable luw.Lendcr shall uccount to IIorrowcr
<br /> =�_�^-�� for the exceys f�uids in nccordnnce�vith the requirements c►f applic.�ble Inw. It the umount of Uie l=w�ds held by[.cnder nc nny _
<br /> liirit is not suficicnt to a thc�scra�v itcros whcn due,Lendcr may so notify 8orro�vcr in writin�,und,in such ci►sc H�orrawer
<br /> —__���;�:?•� sl�nli�ay to I�enrlr,r thc nn,ount ncccssary to mnkc up thc dcficicncy. Eiorrowc�shall mnkc uN s.".e deficicncy in nu morc thnn —
<br /> _-�::;:�•����:r'� t�vclvc mmufr�y pciy�z,cnt5� at Lcncicr's sole rlisc�etion, _
<br /> _._�.=,,.t,�:�,�, —.
<br /> ���•+.+i:..r.e� Upan�Sayn:cn� in A,11 uF all suin:;.5ccur�cl by this Sccurity Instrument, L.cndcr shall prompdy refun.d to aorrawcr nny ____
<br /> _-- w�s��� Punds�uld by Lendcr.lf. widcr garngrapf��i.[.cndcr.sl�all nr.qaiita or scll thc Pmp�ny.Lender,P�inr to thc acquisition ar sale = _
<br />,._---=•�:��:�;� af tnc 1'rop�rty, sball npply uny Funds hcl+�Uy Lcndcr at the tim:of acquisitian ar s�lc as a credu against the sums szcurerl 6y _-----
<br /> � this 5ecurity Instrtuncnt. ��`"'�
<br /> -'�'':Y.R���`'"'� p, � p '��.Y._
<br /> �. _ i,��,. 3.Application oF Puyntents.Unless�pnaicable luw provid�y oth�a.'tvise,a!l a ments reccivod by L,�ndr:.r und«e� zrn a hs �
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<br /> �;���� 1 and 2 shul!�e i�ppficd: first, ta any prcpayment ci�argcs due,�u�Cer th�Note; sccrnid, to ainapaty payobla.un�:�Pa�S►�I�h 2� +�;*'�
<br /> third,to interest due• fourih,to princip�d due;anc!last.tu uny latrr.harges due under tGe Note. �,
<br /> —��:����� 4.Chnegcss;l.lens. fdoerower shull pt►y ull taxcs. assessm$nts. �:harges, fincs and impositiuns attribut�tble to tho Properly —
<br /> �• whicli may attnin priotity over ti�is Security Instrument,and leaseltald payments or ground rents, if any. Banower sUall paY x; :�
<br /> ;`�'�;��• these obiigations in the manner provided ice para�raph?,or if not paid in that m�uwer,Borower shalt pay tl:em on tiane directly r,`�._
<br /> -_' to the persure owed payment. Borrower shnll prompNy furnish to Lender aU notices of amounts to be paid un�er this paragraph• ��_.;.
<br /> "'° '''`?�"- If Borrowcr makes thesc payments di�ctly,Borrower siialB pron�ptly fumish to l.ender receipts evidencing the paytnen4s. R-
<br /> � � ` �t'`'� ' Borrawer sh�ll prmnpdy discharge any lien which has priority over this Securiry Instrument unless Horrow��:(a)a�rees��
<br /> �;�;��� ,'`�.! wrltin ro thc a ment a F t he o b l i ation secure d by t he l i e n i n a n i a n n e r a c ce ptable ta Lender; (b)contests in gnod faiW thz lie� �,�•�'�-.
<br />` � �� by, o�defereds��ninst enforcement of the lien in, legal proceedings which in the Lender's opinion op�rnte to prevent the ` �LL
<br /> �;""` :,'�`t`•.� , cnfoccement of thc licn; or(c)secures from tt�c holdcr of the lien en agrecment satisfacto�y to Lendcr subordinating the lien tu � :__,.;
<br /> ���` this Securiry Instrument. If l.cndcr detcrmincs thnt any part of the Propeny is subject to a lien which may attain primity aver =__
<br /> ,'`"'�,� �'��� this Security (nstrument, Lender mny givc Banower a noiice identifying the lien. Borrower shall satisfy the lien or take one or =�
<br /> � •`z more di the actions set fortl�above wuhin lU days of the giving of notice. �'V'?'_
<br /> 'v j. [LilZAiO UP t�tY1 R ii5ui"n:,..:.. o��f��uPr ���II 4rAn thr pmnrovementc now existinc or liereafter erected on the ���"�-
<br /> ��A r,..•,,"�� Property insurcd a�ainst oss by frc, ha�.ards included within the te:rm "extendect coverage" and any othcr haz.lyds, inctuding '
<br /> __:ti a.: fl�e,cic or floodine. for wl�ich Lc:nder requires insurancc.This insurancc shall be maintained in the amounts and for the periods �` a
<br /> .�,. ,, that L�:nder requlres. The insursnce currier providing the insurance si�aii oe cnosen by Burruwcr subja�t ia lxn��T's�)Fmvnl M �
<br />_ _.,,. .�:..��, which shaU nat be unreasonably wid�held. If Honower fails to maimain coverage dcscribed above, Lender may, at I.ender's �, ._-
<br /> " option,obtain coverage to protect I.ender's rights in the PropErty in accordauce with paragraph 7. ���-
<br /> „a.,,._;. � k_,"="
<br /> , .,� t�� t�y; All insutance policies nnd renewals shall be acceptable to Lender and shall include a stnndard murt6age clause. I.ender
<br /> `. .�.we, sha11 have thc ri�ht to hold the policies and tenewals. If Lender requires,Bo�rower shall promptly give ta Lender all receipts of �
<br />_'.•�;,,;�';,;,.�u;„,' paid premiums and renewal notices.in the event of loss,Boreower shall�ive prompt natice ro the insurance carrier aad Lender. �;�,
<br />:;6►��'�,i�'"�'�, I.cnder may make proof of loss if not made promptly by Borrower. � �'�
<br /> '�``'°�'��'`���+ Unless Lender and Borrower otherwisc agree in wnt�ng,insurance proceects shall be a lied to restoration or repair of the u;:'-
<br />;���,�?�•�:� Propetty damaged,if the restoration or rpair is economlcully feasiblc and L.ender's securityps not lessenal. If the restoration or �-.f'
<br /> - repair is not economicaliy feasible or Lender's security would be Ie�scned, the insurance proc�ds shall be appli�to the sums �'�:'�
<br /> _ -`�'�;"��'•;y'� � sceured by this Security Instrument, whether or not thcn due. with uny excess paid to Borrmver. If Borrower abandons the :
<br /> Property,or does not answer within 30 days a notice from I..ender that the insurance carrier has offered to settle a claim, then
<br /> `"""`f°`'` Lcnder may collcct the insurance proceeds. Lender may use the proceeds to rcpair or restorc the Property or to pay sums ":
<br />;��:�,.�..;
<br />'�"`='-"��='-�'•=``� secured by this Securiry InstrumGnt,whether or not then due.The 30-duy period will begin�vhen the notice is given. •�•��
<br /> - �� �� ----� Unless Lender and Borrower othenvisc agrce in writin�, any application of proceeds to principal shall not extend or �.,
<br /> -r—._:�;,,;�
<br />'`_`�,::.F:;>:•_-,--' postpone the due date of the monthly payments refcrred to in paragraphs 1 and 2 or changc:he amount of the paymencs. If �
<br /> �' '``w°•� � �:� under p:uagraph 21 Uie Property is acquired by Lender,Borrower's nght to any insumnce policies and proa:eds resulhng from
<br /> :::,_.�:�..."� �
<br /> daaui�e to the 4�roperty prior tp tl�e acquis�tion shall pass to Ixnder to the extent of the sums secured by this Securiry Instrument
<br /> - irrunediatefy prior to the acquisition.
<br /> --• - � G.Or�lpAacy, Preservution,IYdajntenance and Protectlon of the Property; Borrower's Loan Applici►tion;I.eASeholds.
<br /> ' '�' Borrower sfiall occupy,estsblish,und use the Property as Borrower's principal residence wichin sixty days ufter the execution of
<br /> � �,,...
<br /> ,_ • :;u..�- '-�- this Sccurlty instrument and shall cuntinue to occupy the Property as Borrower's principal residence for ut least one year aRer
<br /> _y�. ��, " ` •:,� the date of occupancy,unless Len�er othenvise:��rees in writing,which consent shall not be unreasonably withhcld, or unless
<br /> extemtatin� circumstances exist which are beyond Borcower's control. Bnrrowe►• shall not destr�y, damage or impai.r the
<br /> -� ' ,;.` Property, alluw the Property to deteriorate, or commit wastc; on the Propeny. Borrower shall be in default if any forfeiture
<br /> �. • �•�.� ;�, action or proceeding,�vhett�er civil or criminal, is begun that in Lender's good f:uth judgment could resuit in forfeiture of the
<br />. ' Property or othenvise materially impuir the lien created by this Security Instrument or Lender's security interest. Basrower may
<br /> � •��: cure such a dePault and reinstute,as provided in paragraph I S, by causing the action or proceeciing to be dismissed with a rulin�
<br /> -�� tt�at, in Lender's good faith determination, precludes forfciturc of the Bonower's intcrest in thc Property or other material
<br /> :�•�,: impaimient of the lien crcuted by this Security Instrument or Lc:►der's security intcrest. Borrow+cr shall also be in default if
<br /> ' ° � Bonower, during the loan applic�uon process,gave materially false or inaccurate information or statements to Lender(or failed
<br />,: �, ro provide Lender with any material anformation)in connection�vith the loan evidenced by the Note, including, but not limited
<br />_ : : ,�;, to,representations concerning Borrower's occupancy of the PropeRy as a principal residcnce.If this Securiry Instrument is on a
<br /> Ic:ise6old. Doreotver sltall comply with all the provisions of the Icase. If Iionower acquires fee title to the Propei7y. the
<br /> ^ '''� lc��seliold and the fec t:=.tle shall not mcrge unless Lender agrees to d�e mcrgcr in writing.
<br /> V�-
<br /> 7.Pratec4tou of L�uaer's Rtghts in the Proparty. If Borrawer fails to perform the covenants and agreements contained in
<br /> "„ .. .. tt�is Seeurity Instrument, or thcrc is a legal pracceding that may significantly affect Lendcr's rights in thc Property (such as a
<br /> _ proc;eedin� ln bankruptcy, probate, for candemnation or forfeitun; or to enforee laws or regulntions). then Lender may do and
<br /> :.., •� pay for whatc�ver is nc.•cessary to protect thc value of the Property und Lender's rights in the Property. Lender's lctions may
<br /> ----- t...le ..., onv curnc crrurrd hv :1 �ICtI tV�1tCj1 }L3S DIIOflIY OVCC I}IIS Seeutity (nstrument, appearing 111 COUiL, paying
<br /> _ - �S7:a W� _� _-
<br /> � reasonab�e attorneys'fecs and cntcring on thc Property to make repairs. Although Lender may take actian unacr�nis parsgr.epi�
<br />�• 7.I.c:nder daes not have to do so.
<br />'. Any amounts disbursed by Lcndcr under this paragraph 7 shall becomc uddilional dcbt uf Borro�ver secureJ by this ,
<br /> ; Security Instrumcnt.Unlcss Borco�ver s�nd Lcndcr ugrce to other tcrms of payment. thcsc amuunts shall bcar interest from the
<br /> date of disburscment at the Natc rntc and sh:ill bc payablc, �vith intemst, upon notin: from I.endcr to 8orro�ver rcqucsting
<br /> ., �, payment.
<br /> . 9.Mortga�e Iitsumnce. Tf Lendcr n�quired mortgagc insur�nce as a canditiun of making tlic loan sccurcd by this 5erurity
<br /> • ' " instrument, Borrower shall pay thc premiums requirat tu maintain thc mongage insurunce in effect. II', for any rcason. du
<br />�r morYgage insur�nce covemge reyuim,�i by Lender lapses or cr.ases to be in effect. Bono�ver shall pay the premiums requircd to
<br /> . obtsin covciagc substantislly cquivalent to thc murtgagc insurancc prcviously in cffci:t,ut u cost substantially cyuivatcnt tu thc
<br /> �. � cost to Borrowcr of the murtgagc insurnncc prcvioasly in cffcct, from an altcrnate mortga�c insurcr appruvcd by Lcndcr. !F
<br /> . � . vo�c�o�n Form 3028 9190
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