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<br /> '��C.T�r:GR VJi�3�i c'! Sho (7�ravcm�sita notii or h�re?fte� e�cated an 4ho prepert+�, nn!! c,l easeme�te, eppurtennnces,endl '�-
<br /> � I � � �:�ur�� na.i �n c��c�S?a a p:�04 94��pra�cYcy,R.'l rc;a'sc�;�;cnto arci cGt:i(�no oha!I al�o bo covcrcd 6y this ECLUtiiy�f1Gt�idflC�t. , -
<br /> . II l;�l GZ ih��GSC�9';ljj I� ec'c.;rc� 40 ln ttib:�ets�i�r In�L�ra:nt no Ii�o 'Rroy�criy.' • .
<br /> C:fl�F1f3L":ctt CC3U�0.�!:fJ�'3 t�^i (lni��.a:•r la 1_:�•tu:v cc:acri a4 lho r41to hcsz•sy convcycd cnd hne fho rinht to fl���i4 ena
<br /> � c�nvc�Iho �=rop�ry cn� tlie8 ti�5 Fra;�c,�}r 1�uncncuras�rcd, c:cccpt 4or ricurn7craflcca o4 rcco�d. OoROt�c�weranta r.nd ril:S . _
<br /> ;�_�_.__—_ - -�--- �.��.wdn .�.r.laM�n ow.�u�RUr�ihr�nnnca p�fftfLll�. _ —_-_ ____ . _'
<br /> ItLifTl��:�G'�.}I ti10 1G99 T4 IRR 1'(Og:11)I R�jCinol n:�ir=au�QIIN Vv��wrnw�... �.....�....i � . ., , . ..
<br /> " S'til9 G�CUAIYY IN�iiiUt�!eNT cornhfnc3 uN�o�'ii covenant3 I�r nntion��l u�o end non-unitom eovcnantn e�ith L�dte�9
<br /> � vadatIons by Jutlsd:ation to co�ctltuto a unit�rm aeeudty In�tvraem covcs�np rc21 peOpCfiy a° " '
<br /> '' llKIFOAlS COV�NANTB. �orrower and lendor covaiant End agr�a is tol{owa;
<br />- ., 9.Pdyla�neRit of Prinr,l�ai �nd Ir�teroa't; Pro�ayment and tats Cherflse�poirawer ehaB prompL'y pay v,nc� � , ,�
<br /> �- - �ue f.�e���n�:y,:�09 r.��cf L:4a�:.t��th�dt�.2 c:d�1r�hy tha R!�ta rr��f eny Rmpaymont end I�to chnr�qe�duo undcr 9ho Nata _ r; ,.
<br /> �
<br /> ''° ' Z.�Ut4d�1 TGt Tlut�� �nd if1�uiAPt00. 3ubJec4 to appl'.cahtA isw or to a wriiten walver by Lender,Borrower ehstl pa3/ • �,
<br /> :�.c... >:,n.;�ts�n i. ,..
<br />' �- �i� ' to Lendes on the dey moiithy paymcnte ar�daa undar the t�ote, until the Note I� paid In futl, e aum ('Funda') 4or. (a) yeerty �
<br /> •„�t.---�� , oa leasehotd . ° .
<br /> taxes en� naeeaamenis whlsh may attaln pdodty over thls 9ecu�iey In9Uusnent aa a I;tn on the Propertyr (b) y ►1Y , „
<br /> �.�;.;���""`'``�'��J payrneni�or pround rente on ths Proporty, 11 any; (a)year�►heizaurl ar properry Insuznco presv�tume; (�yeatl�t ilqod lnsttrcnce , .
<br /> • premEume,H any: (e) yeuty ma�tgsgo Insurance premium�, I1 e�ny;and (Q any suma payable hy BoROwer ta Le�vdes fn accordance
<br /> � , wRh the ptovl�lonn ot pa�bgraph 9,kr� Ilou o1 the paymant of mot►.gage Inaurenca pretmlurr�a, Thase items are called °Faaotiv
<br /> Items' Lender mny,et eny time, coNect and hotd funds In en ncrount rtot to exceed the meximum smount a tender tor e ,
<br /> tede►Blry rekted mo�tgnge loan may requlre tor Borrower's escrow accaunt unde�the federal Real Estate Jetttement Pracedurea
<br /> ~ '� � Act af 1874 ae omended ftom Ume to�ma, 12 U.S.O.�2601 et seq. ('RESP9►'�, unlass another law that eppke� to the Funds ,�
<br /> �==J � sete a lessex amaunt. If no, Lender rtu�y, at arry tma, collect ared hotd Funds tn an emount not to exceed tho lasner�mounIl. ,
<br /> ' .;'� „ , lender may estimste tha emount o1 Fund� duo on the b�,91s ot current duta snd rsasonabie asUmates ot oxpenditure�of tutur�as
<br /> � �acnow items or othetwlse In accordance with eppCca6;e tuw. nctudirtg
<br /> - ' . .�� The Funda uheU be hdd In en k�siiiuUon v�hase deposita aro Insured by o fsderal egency,InsUumentattty,or entriy Q :
<br /> - " � R, Lender,H Londat Is ouch nn Inatttution) or In eny Federni Home loen Bnnk Lender sha{I appty the funda to pay the Eaaow
<br /> --- �� 1 Item_.Lenc�er m�y reot chr.rpe HaROwer for hofdinp and epplying the Funds,ennublty ennty�ng the eacrov�account, or v�rtfyk►g . . •
<br />_• ,� " tha Eecrow Itan�, untesa lsnder p�ys Bortovurar In4ereat on tho Funds and appHcable !aw penntt� Lertder to meke such a
<br /> r
<br /> ;. „ , cherge. Hat�rove►, Lender may requke �orrowar to pay a one�Ume chardo for � Indzpendent real est�ta 4ax reporW�g servl�e
<br /> ased by Lendee ln connectton with this loan, untess applicab!e law provides othe�wise. Untnsa en egreement Is mada ar
<br /> ' �� upp:i�able tFiw raqut�aa Intcr�t ta bo psid, lendrr sh�!!not be requ!red to pay Bomnwer any Irtts.vest or eamings on tho Funds. � . _
<br /> - = - B:�r±�wr��.��!lmdn�m y erxee f+►wrf�hg. howc�vver. that inter�ct shaY be t+ald an the Funds. Londer shaY aive to Borrowar. � .,: _- , .
<br />:._.- ,, ...,., ,...
<br /> � w6fioul charge, en annual accounUnp of the Funda, showing crodita nnd debtis to tho Funds arid iho purpose tor which each „ y.' -
<br /> . , ;�r�� debit to lhe Fund9 wae mado. The Funda ero pixlged as addiUon�l securilyr fur eU suma cecrved by the SecurSty InsVumont.
<br /> �'� 8 toe Func19 heid by Lender exceed the emounts pertnitted to bo helx!by uppllcabte faw,Lender shall eccount to Bortower '� �-
<br /> �! tor the exces�Funda ln accordence wfth the requlretnents ot c+FrallcaD�fe Ir�w. It the emount at Yhe Funda heid by Lender af eny ,, . ,_ T�=
<br /> . . ,t, 4)m e t s n o t s u t fl d m t t o p a y t h e E s a o w I t e m�when due, l.ender ma y eo noUty Borrower in writing,nnd,In such case BortoNCK f�;:; "
<br /> • , shMJl pey to Lender the amonnt�ecessary to maka up the deflctency. Banower aha11 make up the doflclency ln no more t han . ,�° •
<br /> twotve montht�psymonts.at Le�det'e solo discreUon. __ �Y'M'v o� �,��,s„ • '�+a�M�. _
<br /> �'� '�� Upon pa}'ment (n�ufl ot aN eums BtfCLSreA Dy thrs 5ecurtiy 9nairuma�i.Lcn� a���r...��`�i •� "r"•��'�+ °• �---�--- -�
<br /> -���" `fi 6dd by Lendet. IT, under paragraph 21, Londet shaN acquke or son the�opm'ry, tcndei. N�M to i�e s�.�sl�as-.�-'° o!St�_ , ; _`.. , i1,
<br />- �� Pro�aerry,ahaA apply eny funds heid by l.entbr at the Ume of acqulsiUon or salo a3 a credd agains9 tP►9 sum� secured by this i , r,� .
<br /> �eauriy Instrument. .
<br /> ' 4 • 3, Applteattan at (��aym�nts. Unlnss applicahte lew provldes o4heiwise, ell �nyments recetved by lero:lr.r und�r , ��
<br /> � pe►agnpha 1 end 2 ehail be epplled: first,to ony p�ayment ohvges due under tho Ner3e;second, to amounte puynhl�undit
<br /> "� � pem�aph 2;thkd,to interest due;tourtN,to pdncfpal due;end laat,to eny{ate c herga9 due un r ia the Note. • .`��.'
<br /> 4. Clai��i�: LEOfls. Borrower shaq pay aN texes, assaosmen4�, charges, flnes en�d fmpo,siGons ettri6uteble to tl�� �.�•' _
<br /> � Roperty whbh m�y attain Rrlority over thi�Socurtiy InsWment,and t�aso�old paymenta or graund rente, H any. BortoweP ehel y f���
<br /> �� ° pay thoso obC�aUona In tho mr.nner provtded In parapmph 2, or It �ot pald In thdt manner, 8orrower ohall pay them on time ..tG��
<br /> , ` �, y rDrecty ta the pason awad peyment. �orrower s h e f l promp t t y f um is h to Lender ell noUca� ot emounte to be patsl under th(s ° ° �,
<br /> ��2; .,, peragrepli. i1 BcROwer mako� these payments dimctty, Bortower shatl prompty fumish to Lendet recelpte evidencing the �.;
<br /> ., peymmts. �
<br /> Bortower shcll promptly dischargo any I;en which haa priarfty over thia Socurfry InsUument unlesa Borrower: (a)agreea in .•��'��
<br /> wrfUn p to 1he pe y ment.ot the obOgaUon securcd by the Iian In a manner acccptable to Lender; �(b) contesta in good faith the '
<br /> " � � ' 11en by,or detends egntnst 2ntorcement af the I!an In, legal procendings whlch in the Lender's op M lon oprra te to praven t t ha , �.�'��
<br /> �� �� � entorcement of tho llen; or(c)secures hom the hotder of tha Iten an egreement sa8stactory ta Lender subordinating the Nen to ` . � •
<br /> � ���-` � ~ �' thi� Securfty Inatrument. 11 l.ender detdmine�that any part of tho Property la aubJect to s !Im which may ettain pBorHy ovtr this � .
<br /> ' Secu�Hy InsUumm't, Lender mey gNe Borrower n nodce IdenUtyk:g the�en.Borrowcv ahail satlsty the Ilen or teke one or more of
<br /> � � �,�.`�, the acllons o�t 4ortt��bove wrihfn 10 daya at the gNfng oi noUce. • ;.`.,,.
<br /> ��= S.W�1m`d Cr Profflertj�Insu�nCS. 9��*ower shail keep the improvements now existing or hereafter crected on the ,.,:,,,: ,
<br /> � ,.,..,;,,. ��.
<br /> , �;�'. , Ptoperty inaured agafnst losa by flro, haznMe Mduded withln the Rerm extmded coverage' end any other haneMs,tnduding ;r�;:.:;;.
<br /> �.` �aods or ftoodMg,tOr whlch Lender requtres I�surence. This Insurance shail bo mafntelned in the amoanSa and tor the pertods � �!',•m,:;�,u.,'i�"�
<br /> � 7T�at Lender requlres. The insuranca csnir.r provlding the Insurance ahall Co cho�cn by 8oaower su6Jec4 to Lender'e appravel • � �
<br /> -� whtch ehall not be unrcaesonabiy wtthheld. It Borrower talis ta malntain coverage descrihed above, Lender may, et Lendc�r'a
<br /> • opttan,obtain coverago to protect Lend¢r's dphts fn the Proporty in aocorde►►co w�ih P�S�Dh 7. `
<br /> AN In;.uranco po�ctes and renewals sAr.� bo acceptabto to Lender snd sha11 include e s4nndard mortpage ctause. Lend�r �" _
<br /> ' sh�ll hava the dght to ho!d tho polides and renewats. If Lender requUos,Borrower shall prompUy gNe to Lender all recclpts ol �
<br /> ;�;'';, pnld premiums end renawnl aoUces. �n the avent of loss,Borrower shal� glva promp4 notico to the fnsurenca cartier end Lender. E ,
<br /> . • Lender may make proof of 9�as il nat mado prompty Dy Borrower. �
<br /> - , • Uniesa Lender end Bor:ower otherwisa agrao fn vaiUng, Insurance proceeds sA�tl ba epptled to rostoratlon or repa[r o1 tho
<br /> ` �t; progerty dan�agad, If the rastoratlon or repalr ts economtca{y teastble an�7 Lender's security Is not lessened.Ii the restornUon or � •
<br /> ,�'•''.� repa{r Is not economcal,y feasiblo or lens4et'e security would be les9enod,iha Insuranco procoads sNeli bo esplled to the sums i ,
<br /> " ' secured by this 3ecurity Instrument, wh�Zhx nr not then due, wtth any excess paid to Borrovrer. It Borrower absndons the ` ,
<br /> Proaerry, or doee not ansarmr�vfthin 30 daye a noUce trom Lender lhnl ltho Insuranc�careler has oHered to setUe o dafm,then �
<br /> . Lende�may coVec3 the fnsa�v�nce procecda. Lcndtir may usa tho proceeds to regn?r a�r restore the Property or to pay sums :
<br /> � .:�„�,;� secured by this Security Ins4rumanL�vheQher or not then due. Tho 80�day perlod wf:l 6oc�in when the naUce Is gNen. �
<br /> ,• Unlosu Lender cnd Bonower othrrwtso agreo In wdUnp, nn� appllcaUon of proeoads to prtndpnl shall not esxtend or �
<br /> � . poaipono tho duo dato oP tha monthly paymente refeRed to tn pnrc�gmphs 1 and 2 or chango ihe amaunt of tho payments. !t •
<br /> undct para�reph 21 tho Properly Is ncqulrod by Lender, Borrower'� dght to any Insumnco poi:clea ond proceeds resultIng hmm
<br />, dumage to tho Property prior to tho ncqulsillon shall pnss to Lender 8o tho extcnt of !ho sums by thte Sacuriiyr In�VUmcnt -
<br /> p,,....,..+t�f�*.p�pr tp(hD nrn��IciHnn,
<br /> _--- ------------- -'-"'--'-,� • . .
<br />_ d. Qcc�ept�nc�, Preservetton. Matntonan�o nnd Rrelec4tan of tn� Prop�e�rty; Bar�ovser'� 6aan ----
<br /> � Qp�3116St1Ot1; !EiASeh0lds. BoROwer shell accupy, astnbiish,und usa t�u RrepeAy us Botrowor n prfndp�!rostdence witfin ,
<br />- sixty dsys nR�the exccuttan of thts ::ecudry InsUument nnd shciU cont'nua to occupy tha PropeKy os Bortmvrr's pdncfpal ,
<br /> �- • residenco tot at laast oao ycar nfter tho date of accupancy, untes� Lendcr otherwise aQrccs tn vun`ttng,�filch conscnt �hNl not
<br /> - he unre$aonebry wif�lieid,or untess csxtenuaUng circumstancea exist tivhteh oro bayond Bortower's control. tlorrower shNl nol
<br />- � ' desU»y,dame�e or N�r tho PROperry, oilori tfio Property to Setdtoratu.or commit�xasto on tho Pro�erry.Borrowcr sha0 be�N ,
<br /> 0
<br />` �tef�u�t If eny todeiture acttoi�or proceedInp, whe'�hor civU or c�imnc�l,Is begun ihat In Lender's good islth iudgment coutd result ,
<br />- ' _ . In tod�'turo of tNo Proptrty or otAcnvtso matcrtaity Imp�!r tho licn aptcd by thts&ccudty Instrumant or Lender's sacuri+.y intcr�st i
<br /> Y ".. + �J��_
<br />- .,.. F1110.Llu10 (tOf`�.-'►) Paqo 7 ot 5 ���� �
<br />—' � , 9,i041 � . .—
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