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<br /> Th� Fu�ulr• tit�a11 tw held in un i�ntit�tinn whu.d .te�u�tiitn un: huw«I by t��fcdcral a�;r��ry. ln,�nwr•`ntidlly, ur cutity ��-_
<br /> . : (ii�riudin;�I,�n�tcr,it'�iidcr Is�.urh an lnytitutkml ur In uny t�cd"iAI H11I11C I.�rall H�u�k.l cmicr yh�dl uE�ply ttir t'undy����,;�y t{�e �- _
<br /> Gscru�v ltcu�v. l,cndcr iuuy nut char�4 Huera�r•ce for h��IdinD nnd upplyin�;�I�r N�uulv,��nnually un�lyainu thc r+cr.�w uccau�N,ur _�
<br /> - vcr�lying tho ls'ycruw Ucmy, untrss l.�ndcr payw Nu�ru���cr Intcrc.rl on thc 1•u�tdv cutJ up►li�ohlc(aw{�rrn��i�Lcndci•tu mnk�au�h
<br /> ., u�hur�u. lloti�c�•cr. Lcmicr may rc�uirc Hur�owcr ta p:►y u�►uc•11mc�hnrgc fi�r nn im���lCI1dCIlt fit1)C,rltllC(u% fC�k►(1{qfi hCCViCC �`:
<br /> usrt1 by l.cnder i�� cu�u��titi�u� witli this loan, unlc�s npplirnhla lu�v rruvidey ulhenvi�o, Unlc�+s� un uZt����u�ot i+ madc or �'
<br /> .. upplicatilc I���v rcyuires intcec�t t��hc paid,l.��nder rh�+ti u�u b�rcqui�rd ta�ay H��rn�����r n�iy i�urrrtit ur carninus un Ihc FunJy. —_
<br /> ` --- ttorruwcr��nd f.ender mny c�ee�{i�wrNit;g.=N1W0YCt. Uu�t liuucst dluill bc p,�id un 1{�e i��mdti. l�i1drr�ttul!►;�evCnr�wflich�c�ch �,
<br /> ° ---=� . �viti�utu 4hardc. nn a�rnua{ scrr+�mtlag nf thi;Han�lv. 4tu+wln� �re4llte tuttl d�GUy 1�� IhC I�unds cuu) thc;pu�. �
<br /> - .�y debtt tn lf�c Fu�x�y�v��►u►llc.The Fundv orc plcdg��f iis udditinnid sccurity[ar ull sums c�ccurcd hy tt�ir Scruri�y In,t�uu►cnt. r�,.:.:
<br /> x
<br /> ��-� If'tt�c rundy hr.ld hy l.rndcr rxcced the+menuntti�x:rud�c��i cu he hctd by up�il�::ihle iatr. t.cncie r�hslt ekti�uunt ta Lc�rr�+wer �.�_
<br /> ;:.1� fi►r thc exces4 Fun��y in uc4u�tlau«with thc�cqulremenls��f upplienhlc(u�v, li'1�o umaum ut'thc Fundy hcld hy l.cnder ut uny �.'
<br /> timo iY nut sui8cirnt t��pay 1he H,craw Items when due,l.cudcr nti�y�u nutil'y Rnrm�ver in wrlting. und,in such r:�se l�ntruwer �_
<br />. -� " �hull pay t�►Lcndcr thc nntaunt nccctisury t���tutkc up ihv dcl'icicncy. Hurrawcr!�hnll mukc up N�c dcficicncy in nu murc thnn
<br /> ,a,� twclvc munthty p:�ymcntx,at I.endcr's nule dlsrretlon. �-
<br /> Upan payntcnt In tUU ��f all Fums sec:ural by this Sccudiy Instrunic�t, l.cndcr shull �r��mptly rc1Lnd to liunuwcr unY _
<br /> - Funds hcld by l.endcr. If,undcr pari�pruph 21, I.endcr shall iirquirc or aell the Propcny. I,en�cr.priur tu thc myuinitlan ar�.�Ic �
<br />;;�_,-� ui'the Prapeny.shul!i�pply nny Fundy heid by I-ender ut the ti�ne oi'iicq►tisiUan ur swlo ati a creJit ii�taioxt tho tium�necured hy �`_-
<br /> _'� � this Secuaity Inti�n►mcnt. —-
<br /> ��`�'� � �.Appllcuttan of Pi►ymcntA.Unlesy uppltcubtc Imv pmvidcs othcrwisc,idl paymcntw rcccivcd hy I.cndcr undcr piirugrs�phs
<br /> �� F__
<br />=;3,-- 1 und 2 xhnll bc opplicd:�nt. ta any prepnymant chargcs duc unde�thc Nute; seamd. tu��muunts payi►b!c undcr paraarnph 2:
<br />.=�r�.� third,ta intcrest duu;Cuuqh,to p�inr��al duc;an�lust.h�uny li�tc churg�s duc undcr thc Nutc. ----
<br /> ^��,� 4. Chargtwi 1•Icns.Eloreowcr shnll puy ull tuxcs,ussessmcnts, chi�rgcs, tincs u�xl impnsidi+nti uttrlbuli�blc t��thc Pr��pcny
<br /> _�-�� whlch mAy attnin prlurity uvcr thiA Secu�ity Instrument, nnd Ieu�ehnld puymems nr 6mund rentw. if uny. Barcawer shull pay
<br />-�„`4`� these��bli�ntiuno in ths ma�mer pravided in p�rugruph 2,nr if nut paid in thut manncr,Borruwc�shall pay thcm an time dircctly
<br /> -�� �. to tho penun awcd paymcnt.�onowcr shall promptly fu�nish W t.endc�nll n��ticex of umaums to bc paid undcr this p.�ro�raph.
<br /> :-�;.;; ; If Barrowcr mukes thcsc puymentK directly.Harrawer shull pramptly Purnish to l.ender reccipts evidenring thc puymentr;.
<br /> _;:�u� parrawer shull prumptly dischurge any lien which h�.r priority avcr thlx Security Instrument unlcss Hnrra�ver: (u)i��rees in
<br />-�� wrlting to tho pnyment of tho abllRution secured by the Uen in n manner ucceptublo ta l.ender;(b)cuntests in g�ad fuith tho iten
<br /> "`�` by. ar defendy against cnforcement of the lien in. Icgnl pu�ceedin�� which in the l.ender's opinian operntc ta praveut thn
<br /> - ' enfarcement af thr lien;or(c) secures from thc:halder of the lien un ugrc�ement snti�fuctury to l.ender subordinating tho lien to
<br />��—' this Security Insteument. !f l.ender detem�ines thnt liny purt of tho Pcaperty is�ubJect to N lien which muy utwin pdority avee
<br />_r� this Securlty (ostnimcnt,L.endcr muy give Barrowcr u notlro id.;ntifyin�tho licn.Borrc►�ver shnll sutisfy tho lien or tnkc ane or __
<br /> mare af tho uctions set farth nbove within !0 duys af'the giving�i�atico.
<br /> - - S. Ho�a�r d a r l�r o p e r l y I n s u rn n c e. B a n a w e r x h�l l k c c p t h e i m Q r n v c m entq naw cxistin g or hereafter crectad on thc
<br /> ;-�� PropcRy insured u�Ainst lass by 8�e, hcunrds includod within tho tenn 'extendcd covcragc" AItA Ally Ol�ICi IIAZ(1fdA. inG ltt d ing _ _
<br /> �,�,:�-� flauds ar flaading. for�vt�ich Lender requires insurance. Thiy insurunce sh�ll be mnimuiaod in the nmc�unta und for tho periods
<br /> thut I.ender requires. The insumnce cnRier providin6 thc insurance shull bc chosen by Borrowcr subject ta L.endcr's iipproval
<br />°°="_�'?�'-�� whi��;� shull nat he unteusonably withheld. If Barmwcr f�i9�to muinwin coveruge described ubave, l.endar mAy. nt l.cnder's
<br />''"-==""'�'� optiGn,obtain covemge ta protect l.ender's rights in the Piti�}�rrty in uccardnnco with par�raph 7. ��a�so Lsn�er
<br /> _-__"--a Afl invuranee polietes urtd renewufis sfiaii be ucceptut�io ia f.en�e�'an�! Kls�l! isx�-r�e a sts�lacd ��
<br /> -- "°� shull havo the risht to hnld the Palicics und renewnlc. Ii L.endcr requims,Horrawer shall promptly give to t.cndcr all receiptA af
<br /> y __._ paid prcmium�a.hd renewul naticea. In the avent af lass.Borriawcr shull�ave prumpt notice ta tho insuran�o carrler and I.ender.
<br /> s , i.��s mny make aroof uf loss if nat tnndo pramptly by Aorrawcr.
<br />- =_ Uniess Le�Tder und Aorrower oth�rwica agree in writin�.lnsurunCP prooe.eci9 r,imii 'vQ opf+ii�.i i.3�i�s�ai3utt sss�r Qf i4� _
<br /> Pro�rty dam�ged.if tho restorntian or repair is economicully feasiblo and I.ender's recurity ls not lessened.if the n:sturatian or
<br /> �� rcpair iA nat cconomically fca.�ible ar I.ender'x eecurity wauld bo Iesscncd.the insaranco pnxee�l.�shall be appiiod to the sums
<br /> - sticureci by this S:curity Instrument, �vhether ar n�t then duo. with uny exetst�paid to Borra�ver. lf Borra�ver abandans the
<br /> � ' PropeRy.or claoti nat unswer within:�0 days u natice from I.ender that the iusuru��ce cnrrler hns afF:zcd ta settle n cl�im. then
<br /> ---- Lend�r mny colic:ct thc Insurance proccedA. Lender mAy usc the prncecds t� rep�Ir or restaro the Praperry or ta pay sums
<br /> - serur:d by this Secu�ity Instrumcnt, whethcr ar nat then duc.The 3(1-day perlad wiil bcgln when tho notica is�iven.
<br /> � ylnlcss Lender und Barrower aihenvise ugree in writing. uny oppHcntian nf praceed� ta p�inci{uil shall n�+� extend or
<br /> pastpane the duc dutc of tho manthiy payments referrcd ta in paragrn hs 1 und 2 or change thc amouat af tlie puyment�. If
<br /> ' ddmuga to hcpl'copertyeprbr ta ihe acquisitic►n b'IIAII pA3S�lUrIARdCf lOil��r�xtnt of tho ums�ecurcd by thig Security lnstrsumrcnt
<br /> 9mmediatcly prinr to¢hc ucquisition.
<br /> 6. Oc�cupuncy,Peeservat��n.Muintennnce und Protectian af the Prapeclyi Borrower's l.aan Application;Les�sehalds.
<br /> BOrTOV►CT f+f1AIJ QCCUpY,establish,and u�e tho Praperty as Borrawor's principal residunco within aixty daya after tho executian uf _
<br /> thls Security fnxtrument und shall continuc ta occupy tho Praperly ag Barmwcr's principul residcncfs fmr at fc.�st ono yeur ARer
<br /> -- =`- tho date of aceupuncy.unless l.ender othenviso u�rees in wrltiog, whici�wn5ent shall nat be unreusunably�vithhold.or unle-c� __
<br /> - oxtenuating circumstAncey exist which ure l�eyand Harrawer's contral. 8anawer Fhall nat destroy, dumAgo or impuir the
<br /> P�uperty,allow tho Propeny ta dotoria*utc. ur cammit wusto an tho P�openy. Harrowcr ahall be in dcfuult if uny forfeituro
<br /> uca�vn ar p�ooeeding, whether civil ar eriminul. iR begun thnt in L.�nder's goad f�ith Judgment euuld resuit in farfeiture af tho
<br /> Praperty or otherwise matcria96v Impulr th�licn creatcd by this Sccurlty Instrument or iLendcr's serurity interest. Barrowcr may
<br /> - curo such u default and reinstatc.us prnvided in para�raph 18,by causing the action r�:�rocecdin�ta bo dismissed with a n�ling
<br /> -�� thnt, in l.endcr's gaod fnith dMcrminutian, precludes forfelturo of thc Barrower's lnterest in tho Proporty or alher matodc►!
<br /> = impnirnicnt of Ihc licn crcuted by this S:curlty instrument or Lendcr's sccurlty Intcrest. Borrawcr shall ulso be in default if
<br /> = 8or►awcr,during thc taan upplicatian process,�nvo materluily fulse ar ir�ccurnte infarmntion ar statementx to Lcndcr(ar fniled
<br /> - ta pravido l.ender with�tny materinl infarn�atian)ln connectian with the law.cviden�d by the Note.including,but rx�t limitcd
<br /> ta.representntians eoneerning Borcower's accupuncy of the Prapetty as a principal res:dena+.If thia Security Instrument is an n
<br /> leaschold, Borrower shall camply with all the provlalans af the (eASO. If Hanawer acquires fce title ta the Property, the
<br /> °=_-_-�-� l�ld sud tho fee titie shail nat merge unless l.endcr agrces to the merger in writin�.
<br /> = -_=� 7.Pmtoctton oY l.cndcr'x Rl�htsi in the YropeRy.if Horratvcr t'aiis ta perfarni iita��venanis and agseess�s�ls ccsnlsis�!ist -
<br /> •-���-� thid Securlry Instrument. or there ls u Iegal procecding that may significuntiy affci:t I.ender's righte in the Prppeny (such as a
<br /> = prc�ceeding in bunkruptcy,prabute, far condemnation c�r forfcituPO ar to enforcc luws or regulotions),then Lendcr may da und
<br /> = pay for whutcvcr is ncxcs�ary ta prot�ct the vnlue of the Praperty und lsnder'r righta in thc Propert�•. I,ender's uctians may
<br /> ___- __`� include p.►ying nny sumti Kecured by u lien which has priority aver thin Security lnstrument. uppearin$ in coun, pnying
<br /> _____y� reasonnble attorneys' fees und entering on the Pix�peny to muke rcpain.Althaugh Lendcr muy tuke Acdon under thi�pArngruph
<br /> 7,Lcndcr dacs not hnvc ta do sa. _
<br />_::::��, Any amounts uisburhed by L.cndcr undcr this para�raph 7 shull bccamc mldidonal dcht of Barrawcr �ecurcd by this
<br /> ;�`:�y°_:.._ Sccurity Inslrumcnt. Unlcss Borro�vcr cmrJ [.ender ugrco to other tenns ai'payment, thcse amaunts shall bcar i�tcrert frnm th� -
<br /> _.,�••�.5��,'� d�tc of disbursement at thc Notc rutc und shull be payuhte, with lmcrest, upon nnticc f'rnm L.cnder to Horrawcr rcqucsting _
<br /> ::,�.,i:�„;,k.; payme�nt�����s�'���u��nnce.if I.ender reyuired mongage insurunce us u condiNoa�►f m;ikinb thc tnun securecf hy thia Sec.urity r
<br /> ,:v:�sr�- -
<br /> � '�`� r Imtrumcnt. Borruwcr:�hall pay tho prcmiums requircd to mt�intuin thc mortgagc ioruranco in cifcci. If. f�c Any rcasan, thc _.
<br />___�`-r��� ' -
<br />-�,_,;;�k:., martgage insurunce cavcrnge rcquired 6y l.cndcr lapses or ccases to bc in effect. Horrawcr tihnfl pay thc premiumy rcquircd to _
<br /> +�� obtain coven+�e substAntiplly cquivulent t�i the mortBugo insuruncu previously in eifect,at u cnst subtituntiully equivAlent to the
<br /> ���'�'"; cast t�Borrowcr��f thc mongugc insuruncc previously in cffcct, t'rom nn nitcmatc mart�iigc insurer upprrnal by i.cndcr. if _
<br />_--:'��'%'��� -
<br /> . . P�n,�o�4 Fa�m 3028 8190
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