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<br /> � � TQCi��R ES9TN a�1 tha G�st}r�vesY:c-�t3 n�:l or Rc�c�tt�v erectrtd on the pm�iy� enA a9�aem�'►te. �U#uutcr�ncsa. and '
<br /> . tt�h►ran notiv or i�eresiter e�arl of tha prop�ty,AA re}�tacsmanta er.d�dt�ltone eh�aha de cnvered by It►a Q�s:ui�ty tn�L�unc,�t.
<br /> A4 o11Ae lur�r�oi�sp 1�rc!«-rr�t W R�tt�.i it�curtry tnaw�tsnt ss Ih�'FO�ope�iy.'
<br /> � U�A(101N�H Itp1f8N�1NT�3 lhal qunowei In IawA�iry eotte�l ol iho tetat� hereDy convcyad e�td Me the rtpM ta pranl end
<br /> canv�y the Ptopesty nnd thal lhs F7�pe+ty 1�unencumD¢rac1, oxcnpt fcu e�uun�br¢��ca� uf recerd, llorrowcr �ve.nante and �:lif
<br /> detand p�neraiy the liile lo tha Frnperty e9�►e�nB c.l�Ims and de�ninda,eub�att to any tncumbrt►�nean ol record,
<br /> 11i1.9 Gi:d1�RITV tISl9TRUMCNT r��tae unitorm saven�nte tut net!nna! usa end 11471•ilIlllOiiil CQYf1l41119 er�lh Cmiicd
<br /> . vw�ttRonm by(ut{adlalitut tA CarteUtute e un;lwm avcudnt In�Ut�nteni cavEtt+�g tea.i propeny.
<br /> UNI�Of�M GqV�NMifO. Bu�rowar and tc�dsr anvane�t and a�ea ae taltorrn:
<br /> - - 1. p�ym�n! ts4 P�inal�ipi a�a�1�4oF�a4i �'�psymant att� L�t� Ch:�es. eorto�rer ehs�psar�iA+tray whc� --
<br /> -- c�t�s ^ ,� u!en�tnt���t c�-�the c�+!�vl�ea:f hp tnn Mntn end enY pre�a�mie�d rnd�te char8�due under tAe Note,
<br /> �. p11d� 40�Taxoe and Insur�nae.6ubJoct to e�plleeble taw o�to�wtltttn weNer by lendel,L1oROwa�enatt peY
<br /> , •� - to Lcndcx os�tha day monthEy peymente nre dua unde�th�Noto,unt�the Nnie Is peld tn tuH,a oum ('Funda•)for (n)yearty
<br /> �.J"'� toxaa and neeeaomenta whtoh may�ttotn prtodty ovor this 8ocudry inatrumeat ae •Nen on the PropartY; @) yos�ll Ineouhaid
<br /> - � � pnymente or pround rnnte on tho Propedy, It�ny; (o) yearry ha:ard or properiy tnauranee premMme; (d)yca�ty ttood Innumnco
<br /> premtuma,ll any: (o)yoatty mottQaga Inauiance prcmiume,If any;end(Q 4ny euma p�yta!e by NoROwor to Londc�In acnordgnco
<br /> with the prsvlalons af panprapA 6, in Nou at ths paymcnt of moRpage Ineu►anoe prendume. Thase �tam��ra caQod 'Eao►e�r
<br /> Itcmn' Land�r may, at �ny tima, collucl and hoid Funda h� 4n pmount not to excend Iho mctximum unount � londw tor•
<br /> foder�ty relatad mortgaQo toan may roqulro tor�ortav�er'n oscraw eccount under Ihe tsde�nl Roal Eotato OotUQmenl Froce�furaa
<br /> Act of 18T4 ee an►ended trom Ume ta Ume,12 U.at7.H 2601 et ocq. �'REAPA'), unles� anothe� law th�t appliea tu thd Fund� _
<br /> �ms e tosacr�mount. If eo, Lander may, Rt eny tlme, coltuot�►nd hoid Funda� on unount not to exceed th�losn��maunt. �
<br /> . _ Lendar may oattmtto tha unount oi Funda due on the bxelo 01 curtcx�t data�nd�aonaDle eaUmate�a!expandilurea o1 tuhiro
<br /> Eacrow Rems or othardsa in an¢oni�nce wNh�ppucabio law.
<br /> The Funda ohail be held In an InsUtutl�n whose deposlto are Inaurad by�ted�ral tponcy.MatrumontaNty,or enUty pncludinp
<br />' Lander, Ii 6ando�!s suah an In�tltuUon�or In xny Fedural Nomo Loan 8�nk. I.onda ah�A appy the Funda to pay the�acrow
<br /> . • ttome. lcndor may�ot ehar�a BoROwar tor holdinp end apply4�p tho Funda, annualy anatnhp tha nactow Raaount ot votiryfn0 _
<br /> tha Eacrow itema, unlose Lander paya Bonowet Intaest on tho Funds and appilc�blo t�w pannite Landcv to make aunh u
<br /> ' oharde. Howaver, Lrnder m�y tnquke Oo�wnr to pny � onatlmo oharge tor �n Indopandent real estate tax �ortinp sorvlce
<br /> . uaad by Latd� In conoection wlth ihla loan, unlaan oppllcable law provldas olhetwlso. Unleaa �n aflroemenl la mada or
<br /> eppActbte law roquhas Inte�eat!o be p91d, Lendor ahaA not bo roqu(rsd to pay 8anower my fntarost or�aminpa on tho Funds. ;i,:'
<br /> 8ot�awer Rnd Lenda mny asree In wrilinp, however, that Interest eheA ba pald vn the Funda, Leada ehaN pMe to Borrower, ,,•��.
<br /> ' �`"�, withaut aharfle, an annual aacaunth9 ot the Funda, sAowinp credits md debft� ¢�tfie fund�and the purpase far whicb atch �:�_
<br /> dcbi!to ths Funda was m4do. The Fa�ndo wre pledped a�eddtUonal aanudry tot eA eums eacurr�Ay the 8ect�rPty tnsUument. ��__
<br /> ,:�,t�',s H Ahe FunAa hold �y Lender ar�sxd the emounte permtttod to be hdd by�ppl�oabte law,lah�shtfl a�:aount ta 8oaower ��
<br /> tor tAo oxcn�a Funds in scaord�nne��iih the roquhamente ot apptkcablo ttw. I1 the amouni ot tAs Funds heid dy Lenda n!any �__
<br /> ' tlme t� 001 sutticlent tp pAy the Eecraw It�u whon dua, Lande�may eo noUty Sonawe►In w�a,and In auah aaso Bortow�t �-•-,
<br /> . .� .� at►Aq poy to La�dor tho Amount�ccossary to mske�+p!he dollcle�►a�r. �arAV� ahaN rtuke up tha de4clenay In no more thtn �_'
<br /> ���! tweMe monthy paymante,at lenderb eole diecnUon.
<br />:'.i,;' �:�. --�
<br />:, ,,',.;r;, �an payment In NN o1 d sytn� secuted by thts 8ocudly t7sUvma►t, len�rr shaY promptry retund to Bortowe�any Fu»�a
<br /> ''��t hotd b��endar. tf,under panpraph 81,Lender ehnU aa�uke or svU aha 1��2rbr, londtx,prtor R:the acqutetUon or euo o90°aa
<br /> �� �'aF�11 eheN�,p�ty any Fundo h�id by l.endr d the time o1 ao�uisltion w aa1a aa a credit apainat the eums secured�y thia
<br /> - .-- s.c"—�(9t�!m!A1. _,
<br /> -' y� 3. Applia�tlon of P�ymsnto. IJeteas appl:cablo law provldaa othwwlsa � paymente reaelvtut 0y tender tmdnr
<br />�«t�x!' - par�yraphn 1 �nd 2 shafl bA�ppNed: tln�to 4ny prep�yment ahu�e�duo undar the Notr, a�oond,to amounte peyabl�uncier
<br /> � ;... �� p s n�y r a ph 2;tAlyd,to Inta�al cA►s:touAh,to pdncip�l duo; and 4it,to any ht�ohupn du�under ih�Noto.
<br /> _ . ___. _ a ���; �u.,� ��. .n.r �y .r n�ua, ��•d••m�+�: cNma. dnn �nd im�osftlon� attr�ut�btv ta tM
<br /> -E:• �� Propwty wi+iah ir+ay¢tm�n�losttY avar thla 3�udb Inal�uum�nl�and laneel�eld peysntnte nr�c�nd rent•,M�ny. 6ocrow�r tlw �,
<br /> '�`�.t`� pay thsse obNpsthne !n the mv�rte� provided In panpnph 2, or M not p�ld In th�t manna, Boirow�r�haN p�y lh�m on tkrw
<br /> :.;�T��' diracty to th�pusaa ow�d ptyrtwnt. Bonower�ha1 promplly fumtab to Lenda�N��otiaes o1�rtiounta to b�patd unda lhb
<br /> p�n�y�nnA. 11 Borrowa mRk�e th�c� payme�►t� dk�aUy. 8orrowK �AaM promptly Nmhh to Land�x nc�bt� evlct�ndnp th� -- -
<br /> .L•' paymerd�.
<br /> ;Kv�"� BQJfOMfM�IItY pTOtlipll�►dlbOh�fQr1�Il�/Y9f1 Whtch ha� prlodry ova thi�8ecaity Insovment unNs� Bwrowuc (�r��In
<br />"`��•'a�� wriUnp to th�p�ymmt o9 th�obYp4tton sscund by th� Man In �rtwnne��aaepLbN to L�nda; (b� contents in �tood lalih th�
<br />`���� Wn by, or dMmdo a�tintt �ntoro�m�nt o1 th� Wen In, tpil proceadY►g�whlch b th� L�ndot'� opY�lot�opKat�to pwvwtt ih�
<br /> _••��°� mforcwrMnt o1 ths Nar, a(o)i�N lrom tha AoFder ot th�INn�n�prartient atUttactory to 4endw subotd�tatinp th�fNn to
<br /> --=,�� thl�6�wrih�InstrumanL N I.�ndr eMt�mina that�ny pul af th�Pro��tty Is aubJ�ct to s fNn whlch mty atWn p�io+ity ave thh
<br /> 8ecuAty InstrwnwiL l�nd�r mq pk� BotrowK�aatkw Id�ntM�Mp the Nao.BortowK�hall saWty th�Wn or tak�one a ma�01
<br />�°Y.��� lh�aations aM torth�bow wKhln 10 d�ys o1 tho pNtnp of notia.
<br /> - -•--- 6. Hazard or Prop�Ky tnsu�ana�.Bortowst sh�N k�ep th�Mnprovrmnts aow�xittky a hw..R.►.nct�d on tn�
<br /> �_F�� prop�ty Insund�pak�at Wss by Ikr. har�rd� hcluMd withln th�trrtn •axtand�d co��n�' �nd cny otha hataM�,holudinp
<br /> -'�'-"'0�� Aoodi ot 1laodin9,ta whbh I.mdw nquins hsune�ca. TAb inturanc� thal ba m�M►tdnM b th�omount�cn7d tor ih�pwbd�
<br />�_�'�� that lend�r requke�. Th�k�surAna�urder provkYnfl the inau»nee etwM be chosen br Bon�awor aubJoct eo a�ndery�p�xoaai -
<br /> ----- which �hall nut b� unrwaonsDty w[thhoid. If Borrow�r t�Ha to mwkdaM� cova�s�desatD�d�bav�, lu►der mny� at l�nd��
<br />- _-� optlan,obuln covenfls to proticl Lenda�'o d�hta In the PropeRy In accordw�c�wrih�wapnph 7.
<br /> _ —' All hsunu►c�poilaMa and rmewaJ� �h�N be accepUbl� to lenAer�nd �tu�InWud� N sw►cf�rd mort�a cUusw l.sn3�
<br /> = ��� shW h�v�th��At to hWd th� poYcle��n�renewahi. H Lender roqul�,earowM ehaN prampty ahre to I.artder�1 rxr�,"���
<br />�:�:�.-� paW pr�n�ium��utd an�ral notica�. tn tho ranl o!baa. Boaoww ehaY pk�prompt not{c�W th�hsurenco cani�r wd 4�ndat.
<br />":��, lender may m�k�pronl 01 bss tl aot rtkd�PtomPiN by 8arow�►. �
<br /> "'�"�� Unie�s lendot�nd Bonow�►Nbwwisa�qre�b w�tinp, hsuro�►c�ptocae�Fs stuN bs�to��stor�t3on or�epatr of th�
<br /> ' ��; Properiy damap�d,M th�nstontUon ar tepik la�conomiesiNy faasibk�nd LaMar'�ucurily b r�at teasmed.H the nsto�'lun�v
<br />-:�:�p'., rop�lr b not econortAcNy f�uibN a L�'�s�xiry woutd M Iws�wd�th�k►s�ica ptor,�wta�t�aH b�appYed to th�su,~�
<br /> � • �• sewted by thts Eiecudty q►strwr�ent, whetha ot oot then due, with �ny axcesai Wid to 8aaower. B Barowar abandona the
<br /> ` Propatty,or d��oot an:ww witl�90 daya�aoUw lrom�ender that tho Insu�nce cudor Ma oftored to settte a clalm,then
<br />� . ' Leisdar may caltod lhs Intunnee proeeade. Lende�rtwy use the proceed� to rep� a restore the Roperty w to pay aum�
<br />_ ,---°-=��_ :ta:rsd D;!h�r-�ssl4�fi�TM�m!.nt 4+rhd�!+��!l4!t�4�� 71ts��taY P�lnd�t�ot�whon tho notfco t9 atvott. - --
<br /> •` UaNsi l�nder and Bom►w� oth�wts� �gw In wrNin�, sny ap�Uon o1 ptochda tu prltdpsl stwY oct yctend a �
<br /> `�'. poatporn th�du�dat�01 th�monthfy ps�U rdar�d ta b pua�nphs 1 utd 2 ot chvip�ths wnount oi the pa�ts. H
<br /> under puA�nph Ft th�Prop�Ay i�acQuked try Lender, Borrowa'o d�M to�ny Insur�nc�poYctes�nd proceeds roauNin�trom --
<br /> -i .. d4tna�to th� RoP�ty ptiot to lh� �cqutdUat eh�ll paes to len�er to ths tx4mt ot th� wrtw by thi� S�cutfty Inatrumant �_�
<br />-• ? YrYnu�ii�t�ly prlo�to lhs acqutsMion. —
<br /> t,,.a�`� 8. Oceupancy. P�oi�rvaUon. Matntonanco and P�otoctlon af !ho Prop�tty; Borrowar'� Loan =
<br /> � .. AppllodtlOQ; LAt�Yhqldl. 8orrowa ehaN occupy, estob(tsh, and uss ths P�opaty as 8arrowet'�prktcasl rasklence rritAtn
<br /> e0cry doya �Rei th� exsc�Alon ot thh Cecurfly Inuttumc�t ond ehaN conWwe to occupy tha Rropwry a� Botrov�roe's ptinc(Q�I
<br /> rc3tdence tnr�t(oasl one y�r oRe►the d�to of occupancy, unlns� lend� atherwt�Y�prev3 In writY�a,whlch eon3ml ehai nol
<br /> ° bo unraasanably wfthhetd,or unles�extanuuUna ctrcumstuncc�exlst which aro beyand BoROwcr's cor►trol. Borrowa� ahall not
<br /> dcsUOy,damzQt�o�k�pxh tha Roperty,aRow tho Proparly to detedamto,or commil waate on the Property.Barowa aha8 ba In �
<br /> .<� defwb 11 ony tuAsiritte actlon a proceedinp, �vhather chti or ctGNr�al,l�befpan 11uq in Lendet'a Qood talth J�ad�ment eautd tesuN ,_
<br /> � In tarteituro 01 ihe Prope�tj ot oiherwtse materpny kapatr lho Ilon crcnted by th:9 Sacudry InsUumenl or lendor'e secudry Intere�t
<br /> .� , ' - c�s�o.�no�r�s� �Qo v o�e � ��.
<br /> as�s� �
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