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<br /> • 70tiET61ER WIT�f aY the Unprovernents now ot h�eafte►erected on the properry, and ap easemente,appurten:nce�, and �
<br /> , `� 'fbdurea now or here�ter a put of the prope�ly.AN roptacementa end addtlor►e eheM alao be eavered by this Seaudty Inatrument
<br /> A!1 at the toregoinp la ro4erred to k►thia 8eourtry Inatrument as the'PropMy.•
<br /> •� � BORROVYER COdENANTB th�t BoTrowa t�I�wtuty sehud of the enate hereby conveyed u►d hae ths dght to gmnt �nd �
<br /> � convey the Property and thet the Properly ta unencumbered, exeept tar er�oumbrences of reeord. 8ortower w�rtante and wtll �
<br /> defend penanHy the title to the ifiaperiy a�lnat W cWma and dmianda.eubJeot to any encumbrutces of r�eerd. ,�
<br /> . THIS SECUARY IN9TAUMENT eombinea unNonn covenente tor notiond use nnd non�unHortn covenents wtih Ilmitad ,' •
<br /> „ � "' variaUon�by jwtsdi�ton to constiWts a unfiartn ascudty inatrument eoveriny�tl prope�ty. p
<br /> UNIFORM COYENAMB. Bmrower�nd Lenda aorenant and:pree te baowa:
<br /> � 1.Paymont of Princlpat and Intoros� P�apayment and A.ata Chargoa eorrower ohap pro,npey pay whon �
<br /> �tue the prindpal of and hteres4 on the debt ertdeneed by tho Note end u►y prepayment�nd late ehuQas dua under the Note.
<br /> 2.Funds tor Tlutes atld IQlsuP�tfo�.Subjeat co appUable kw or to s wdtter►w�lver by Lartde►,Bortower ehaU pay►�
<br /> to Lende�on the day monthy p�ymeritu ue due under the Note,un�l the Note ts p�ld in tuH.�oum ('Funda')tor. (e)yeuly.p�
<br /> taxea ond aase5smenta whtch mry attah p�iority aver this 8ecutity InatrumeM aa a Nen an the ProPeiiy; (b) yearly teaaehold(f'►
<br /> ;��� paymenta or�ound�ee�te on the ProPeriY�H�Y: (a)Y�N haserd ar propertty Insur�nae pnsn�htma� (d)YoulY Aood Inaurutce
<br /> ", _ -, premiums. H any; (e)yeuty mortg�pe Inaurrnee prem[uma,H any;and(��ny auma pay�ble by 6aro�to Lende►M�ecotdu�ca .
<br /> ' with the provlalone o!paragreph e, tn 6nu of the Rayment of mortgnge haunnoe prortdams. fiese Itans are wNed •Eacrow
<br /> ° itana.° Lender mry,at any time, eoYeet and hoid Funds in �n art�aint not to �ceeed the m�xGnum unouM a tenda to�•
<br /> tedereUy related mortgige ban m�y requYe fa Borrower'e esaow accoum under the feden!ReU Eatate Sattlana�t Procedurea
<br /> , Aot of i874 as amertded trom ttme to tlme,12 U.8�0.�2601 et soq. ('ifE8PA'), untess another Iaw that �pplies to the Funda �
<br /> � sets a lesse�amount If ao, Lender may,at any time, collect and hotd Funds b an amoum not to exesad the lesaer unount
<br /> Lendor may esdmate the amour�t ot Funda due on the basis of eurrent dita end reasonable estlmatea af expenditutes ot tuwro
<br /> .. � .� Esaow itema or otheswise(n accordance wfth apPYcabfe law.
<br /> . The Funda shaY ba held in an b�whose depostta are tnsured by a tederal agenay. Inetrumentali�►,or entlty(Irtdudiny ,: ,.
<br /> ,. „ i Lende►.R Lender ts suot� �n InstlWtlon) or b any Fedaal Home Loan &nk. Lenda ahaU apply the Fands W pay the Eacrow
<br /> - ' �� - Rerr�a. Lende►may not charge 8ortarrx for hotdng�nd appyfng the Funds.�nrtw�y enatying the eacow accourt,or rerHyinQ "
<br /> � the Eeaow Items, unlese t,ertdar paya Bmrower interest on the Fu�ds and appRc�ble 4w pertnits Lender to m�ke auch a
<br /> ^ ' . ��� eharga Howeva. Lande► may roqutre Bcxrow�to pay a one�tlma charpe tot en independent rosl eafate Ouc ropartlnp neMee •
<br /> used by Lenden c �onnedlon wtth thia loan, untess appilceble taw provldes otheiwise. UNess an agreement is made a
<br /> _• , + apPAcabta law requtres a►terest to ba pald,Lender ahap rtoi Ee requlred to�y Bomawer any irtreat or�minps on the Funds.
<br /> , 8orrowe� and Lendar may agree In wrFtlrtg, however, that tnterast shaU 6e pdd an the Funda.Lender eh�Y gNa to 8orrower.
<br /> , without charqe, an annua! accounthp oi the Funds, showtnp aemts and de6fta to the Funda snd the purpoae br whkh aneh
<br /> �.�(: debf4 to the Funda wae nsads. The Funda ue piadged an ad�411onal securily ta a!sums eeatred by ths 8ecutUy Inatrument ��?-::
<br /> � B the Furtda hdd by lenda►exceed tha�mounta pe�rtdttad to be hdd by appUcable Iaw. Lender e1W aeeouM to 8orrawer :;y=
<br /> for tho axcesa Funda in eecor<lance w[th the requiremente of ajrpH�abte Isw.N the nraount of the Funde held by Lenda e!eigr
<br />, time Is no!suttldent to pay the Eaarow ttema when due, Lender may ao natNy 8om�wer in wrNhp. �nd,In such caee Borrow[r '
<br /> - sheN pay to Lender the amatnt eeceaeary to m�w up tha deftctency. Borrower shel rtWke up the deAdenay tn no more then �`t.
<br /> . : _, twetve m�nthry paymenta,at Lenders eala disexetlon. ; _
<br /> � !lgor. �;sn�:t kt!W at s!! �ssns a�ar�4�!h!s 3�f ls��nsnrs�L lr.�s!�! �31y r�nQ to 8�s�:�er sssy Fssns� ,_
<br /> . . � � hetd by Lender. B,under puapr�ph 21.Lertder sholl aequire or seN ttee Property.Lender.p�b the acquialtlon or aais ot the ��
<br /> �P�Y. sh�!appy amr Funda had by Lendar at Ue tlme ot eequlettton or e�ie as�aredit ap�inat the suma seaired by thts �'`"
<br /> �; 3ecuriq►Instrument �;-
<br /> , �� 3. Appiloatton o! P�tnar�. Unlesa appGeable law provtdes othenrfae, afl p�ymente receNed by lander under ._
<br /> � . � � pan9raphs 1 and 2 ah�bs appQed: flrat,to any prepaymeM oharges dus under 4he Not�aeeond,to�mourns pqabie urtder --
<br /> � panptrph x thkd.to 4rter�aat du�faurth.to Pr(ndpai due;and laat�to s�ny{ate chtrQas due unda ttie Nota • �r
<br /> . . .'; ,;r'.. 4. Charges; Ltens. Bomower ehsN p�y M texes� assesameme. oh�rpes� flnes �nd YnpoatUona amibutable to the =-
<br /> :'r ,r+-;,.,•-� ProPerh whicb ttw�y�tn prbrfly ove►thb Securit�r�natrumenL and leaaehotd payrt�eds a pround rente�H�ny. Bortawer sfW �:.---
<br /> DaY thesa oWt�etiona b the manner W'�vided h peragraph 2.or H noi Pdd h that manne►. 8orrowe►stW pay tham on t4ne
<br /> , dinotiy to ttu p«son awad pryrtMr►� 8ortowa ahaY prompty tumtah to L�ndx aN nottas ot�raurne to b�patd unde►thls �'�_
<br /> .•�:."� P��+Dh. N Bortower mekes thest paytnents directly, 8oaowx ahd prompiy tumish to lattder roodpts evldenotng the �-�-
<br /> -- .. PaYmanta• `
<br /> :.-.L.,e::' °�= Bomower shall promptty discharye arry�en whtch haa pttodly over thia Securtly Inatrument unlase Botrowet: (�aprees�n
<br />=:.;,:-� wfih�to ths paymetit ot th�obYgatton seaind by the Yen N a rtynnx aaapLbk ta Lender; (b)oontats in yood f�ith ffie
<br /> '�__=;:>�:.� Qen by.or detandi ap�hat eMonxrtxrn ot ths Yen Y►. bgtl Proeeedh8s whbh h tM Lender'a opinton oprats to preua�4 the —
<br />'..::..�:.•L�n.:;:., enforcener►t of fhe Yent or(a) searroa from th� hoider M the Iien an a�aement eaUstRCta�►to Undar aubo�nstlnp the Yen to —
<br /> ;�',`�'"�''`, thta Seauity instrument B lendet dete�minoa thai any part of the Propedy ts subJed to o Aa� which rtwy attaln prtoctty ovar thts
<br />.._.�..::�„r;.�: ".
<br /> _=--:-.- < �.•- 8eairity 4�trument tender may qtve Bartower a eotke tdentHyhp the lien.Qarowq ehv aiUsty the Ean or taks one a mo»o!
<br /> ��``�" � tho acttor�e set brth�bove withh 10 dnye of the
<br /> -° "�». 0�9 of rtotice.
<br />=_ .; &.Hstzerd or Pro�orty Insa�ranca. Bonower ahaN keep the Ynprovamertb now e�th�or hereafter�noted an the �
<br /> -, Prape�h trtsuted aQaEnst loss Oy ftrs.Aararda hcluded with(n the te�m•e�dended coraa9e" �nd �ny othr hmrds. indudhp - .
<br /> ��;'.:�; >, lbods or tbodtng.for whloh Lender requiros hsuance. This Inaurence ehal be malMahed h the amouMS artd tor ths peifoda -,:"
<br /> -- '-'- that Lander requiras. The haurance curia provtdinp the Insuranee etf�l be ehoaer+by BarowK aubJect to Lander's approrW �'
<br />___�:.::.,'._ . --
<br /> ;�,a, whbh et�afi not bo unreaaonaby wwithhhe�d. tf Bomower taila to malnLh coverape desalbod�bove. Lender may. �t l�nder'e
<br /> �:;_��°���� opYon,oD2eb�aoveraqe to protect Lander'e rt�hta In Me Properly In aceadenee wfth p�ra9npA Z =_
<br /> �-�-�-T- � N hsur�nce potldea and renewaia shd bs acoepfeble to Lendet end ehat Ndude a etandard moRpaqe ckuse. Lender —
<br /> �'"�i`"`"�� '� ehU havs the ht to hatd Ne
<br /> _ -s-t�`,:.�.' d9 Do4dea end ronewats. B l.ender requtrea� Bortower eheY PromPtlY 9we to lender at reoetpte o} :,,
<br />���:�-z.� pald promkims and rett�,vat rtottcea In the erant of loas,Borrower ehsA qN�prompt nottce to the tnsurartce cartte►and I.ender. =-
<br /> _-,.:��z��. �� Lander trMy meke proot o!toaa H not mado pramptty by Bonower. --
<br /> .'"" Unfasa Lander snd Borrowx othaw�ae�gee h wrlNng,lnauranee proceeda ahal be appIIed to roatoatton or rep�ir of the
<br /> . ..�.°,�; PropeAy dameged�N the�eatoradon or repatr ia eeonomtealty teeafbfe and L+ende►'a sewrHy b nol lesaened.R.tha roatoradon er �:
<br /> repair b noi economicapy teasfble or Lender'e securtty would be lessened,the haurance proceede aha9 be appNed to the sums ��
<br /> . �� aeaufd by thb Securtty InatrumeM, whether or eot then due, wNA arry excesa paid to Bomnwer tf Bomower eDandons the �:�_
<br /> - Property, a doea noi�nawer wtthh 30 days a no8ce irom Lender that tha hsaranoe cartta hea otfered to aeltia a daim,then
<br /> �} Lender may coNad the hsu�ncs pnoceeds. lertder may use the proceoda to rep�t or restoro the Propeity or to pay suma ��
<br /> � -i aeaued by thEs Sn�uriry inaLument,whether or not then due. Tha 90�day pedod wiq baptn when tha nottce Is pNen. -
<br /> Untasa Lander and Bartower otherwits a�ree tn wriUn9� �Y �APicaUon ot proceeds to �tnotpat ahal not e�dend or
<br />- , poaqwne the due Qate of tha monthy payr�ents referred to tn parayrapha t uid 2 or chanQe the amoant o!the paHnenTs. If �
<br /> . under pata�raph 21 the Property ia aoquked by Lender. Bomawera dgM to uiy inaurar�ae pofldea and pmcaeda resultl�sg trom
<br /> - -�;y damage ta the ProP��Y Pdor to the acqutsitlon shaq pass to Lendar to the e�dertt ot the aums by thb 3eoudty inabument
<br /> --- -- m�7ma�t6y piqi w«te a6qtpatitott.
<br /> 6. Occuparncy, Presenratton� Matntenanae and Protsctlon af ffio Property: Borrowor'a Loan .
<br /> A�IpliC�tion; Leas¢hOlds. Bomowet shaq ocwpy,eatablish,end uae tha Propety as Bortower's pr�dpai restdence within
<br /> sbdy daye eRer the exee�tton o!thla 3eautty InabumeM and shaU cxnihue to oacupy Ne Pro�ty as BoROwer'e ptindpai
<br /> - rostdence tor at leaat one year aRer the date of ocwpan�y.unless Lender othetwise agreea in writing.whiah conaent aha9 eai
<br /> be unreasonabJy wrihfield,or unlesa e�enuating droumstances exiat which aro beyand BortowePs oontrot. Bomawet eha9 not
<br /> - de�roy,damage or knpak the Prope�ty. eIlow the Froperty to dete�toraSe,or commit waate on the PropeAy.6omawa shaN bo In
<br /> detatttt M any tort�lure ac@on ar proceeding. wheMer cMU or aiminal,ts begun thst In Lender's good txtth juds►nent cou!d result
<br /> in brfeilure oi the PropeAy ar othe�wisa mate�faVy tmpak the aen c►eated by thla SecurUy tnstrupnent or Lendera sewrtty 4�terest.
<br /> _ , f ��au�ao fr�ss� Puyo 2 a s ,�_ _�(„
<br /> ' ` 95163 '
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