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<br /> �;c.,�=� p:� - The F�ads shaf! be €�fd 'm an snuiinsioa whase de�sita are lasw�d hy a f+�a`�agr.ary. �itY.ot e�Ey � =
<br />���'� �. " "�'�� (i a d t c�n g Lend�.if I�ender is�tcb aa iastitudon3 or ia a�y Fedetal Hpme Lo�Baak.Leader'slsal!agply the Faud�m pgy the -
<br /> ' �:.��::'�`� Esct+ow It�ns.l.eades may Mt��8e$oA4�far hotdiag aud apptying the Amds.anm�alty a r i a lyri�g t he�;aow a o o�n t.or
<br /> °'-��:`. :,`�,<z'_ veri6yiag tlte�w ltems.onte�t�nder pays Bnrmarer�st ore the��uds and applicab2e taw pe�mmts L�exWer ta'make aub
<br /> ' r�;f t E� a c�aege.Howeves,I�r may tieqt�ire Bairewer w payr e on�e d�e for an i�depedWent eeai estate taa nportIng servioe '. ;
<br /> �.-. used ixader in oarmeeaaa with this loaa. uniess app6cable Iaw pmvbdes o�wrise. [Intess an agre�ment is made or , f•.
<br /> , ��<<R� - �te Eaw reqnire�iatea�st to 6e paid.i�ender shaU aat De xeqai�ed w pay Bormwer au�r intere�t or eazamgs on the Funds. £ �'
<br /> ,``�°,_'_.`� gomnwer mW Leatter may agree Ia wriBag.haveever.that intemst shaU be paid on the Fan�s.I.ender shati�ve tfl Boa�mwer. :;,:4-
<br /> ` •� �� ���� witttant��an affivat a000wu�t�of the Fmids,show[ng c[edits and debits w the Funds aad the pu�pose for wfud�eacb �
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<br /> , - de�it�she Fun6s was arade.'I1u Fundsi a�pledged�addiUonal secvrity for ail sams s�ured by this Sewrity insmu�st. ;,� ��
<br /> -'�,�- -- if 2he Fus�Gs#mtG hy i.c�dr�c�!he suuosseua germiga�tQ be l�td by��b!s[aw.i.ender shall aavouat to B�a�noerer
<br /> - ' `- _ � � fQZ the exatss Fuads In a000tdaace with the�qn�emeats of agplicabte law. Ifiite amount of tbe Ftuids held by Lender at aay `r
<br />�-_"c;�:1� -�-_;s iime is aa1 suffic�ent u�Qay tlie Escrow Itetus whee�due.Lender may so notify Bosrower ia writing.aad.in sush rase Eorrower �-_µ
<br /> � . _•� . st�aU pay w Yx�der the amo¢otnecessary to make ap the defideacy. Borrower shatl make up tl�ee deficieruy in no maie than
<br /> .-�� ° ='-.�-``� , tare�ve�uonthly pa�rmews.ai l�eader's sole d�scre�'on. `�`�
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<br /> :x k � UPaa payme�in fu[I of all suats secared!sy this Sewrity Ia�e�.l.eader sball pram�tty refmW w 8otmwer any ���_.
<br /> �- �: - F i m d s h e t d 6y L�a d e r.I f,n n d e r paragag h 2 i.L�d e r s h a ll acqaire o r s e U t l i e P m p a t y.L e n d e r.M o r t o t h e a a�u i s i t i o n o r s a i e ` -
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<br /> ,.ca:>�.`,-.. : ,o f i h e P c�r e�t g.s l�a l l a p p l y a m r Funds hetd b y Le��der at the tinse of z o q u i s i�on ar sale as a credlt agatnst the smus seWrad bY
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<br /> :,;,,�.-,-;:.'.,y. ;_, 3.AppH�tton uf Paym�ts.Udes.s applicable la�+�v provides ot6erwise.aN PaYmerscs�xived by•LunIer wutec par-agraplss - �
<br /> ,� i a�2 shati 6e appliesi:first.tQ maY P�Y��S�dae un�ter the Note:seoond,to amartmts paya6le uad:r p�uag�aph 2:
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<br /> '.I.'z�._!�1' ;y �s fit T.^____�Q2s�1Ut�s UD�I�C1�3�Q�C's��s L0 8i��fUC C�$C.S t�qE 1�ET 1$C�Ot�� �
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<br /> ';<:`"�=-,,:-'�'' these obl�gations m the mauner providea��2,oz if not p�d in that manner.Bormwer shai!pay ther�ori time d'emctiy �:'•.:
<br /> .-`^�i='�,`:���'°F.• fu�ish w Leader a11 nodo�s of amouats fo 6e d uader this --r•`
<br /> ':x.r�.�... _,,.; to thepeasoaawwod paymcru.Borrower p�nmptiY P� P�• _, ,,.
<br /> Tf Bonower makes tDese PaY�rs d�tY.Bor�wer shall ptamptiy furnish to Ien�er reeeipts evideacing the psy�ts. 5-a,'
<br /> 1.� Y Sorrawer shalt pmsaptYy disc�age fficy i�en widsb t�as prtatity ov�this Seenrity�antesg Borro�nrer:Ea)a�es in
<br />- �' : c•:'. ariting w the pas�meat of the obii$azion secumd by t6e lien'in a amnner aooe�tab2e to teadcr,N)oontests in gaod faith the tien
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<br /> ;.L `:^.�,,:;;.� bY,or defeads against mfoneement of dte 1�� �n.legal pmcee�ugs whic6 ia the Iender s opinion operate to pn�+eat tUe :;�:
<br /> • enfo�t of the Uea;ar(c)secores fiznn the holder of t8e tie�s an�aeat satisfacwry ta I.endp'snbordiaaHug the lle�a to ;F.
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<br /> , �' °��, this SecarIty Insuumert.If Lender d�ermines Wat aay pazt of the Propeny is 'ect.to a l�en wbic�s may auafn priority over -�t`
<br /> ._.:�.:'- • �is�t y Insu�ment,I�def r n a y g ive 8orrawer a notice tdemifying the Iiea. shafl satisfy the lien or take one� � �
<br /> ,� ' t:' more of the acdoas set forth abave wid�ia 10 days of tke gtving of�tioe. �;�!_'
<br /> ,.-. ,. .. �S. R�+d ar Plraparey Iasu�aaoe. 8orcowet sbail keep the un�rov�nent�now e a i s�g ar h e m a f t e r t�x o d oa t L e = --
<br /> ��N r r, k �.' p[O11E7hI�8�IJISt IOSS�jl RTPn�STd.4�AC�U{�Wt111tR 1�1C E� CXfBD�06VCCd$6�&�8A31 O��1'�.9�� �--
<br /> _ �.. , fioods or ftoodhtg,for which i,atder�eqaires i�awnoe.This inmr�noe sdall be main�ined in the amonms and for the periads :._--
<br /> �{;� r ; .tl�aat I.aider reqaires.'I9ie in�asnce carrier pmvldiag the insa�ance shall be chosen by Borrower subje�x w I.�dec's tipprovat �, ``.
<br /> J � whieb ahaIl not be i�ar�csnably witbheld. If Bormwer fails ao maiatain oavaage desedbed above, Leades may. ai I�ender's �.c
<br /> ` � �' . o�tion,abmin cove�age to�tea[.ender's rights jn the Propecty.ia nconrdaaoe wit6 parageapb 7. .� -
<br /> ` '` " A�insuranae policies�d ceaewals shalt be e w Lender and.shall iaelade a st�ndacd mo • -
<br /> ,. 1 ttg�ge clmue;l.eadec' '�.s'
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<br /> � �i r � ' ahail flave tLe right ta Iiold S�e�ticae.s aad•r�aewalF. . �l.ender reqoires.Boirmwe�shaU?mmpdY 8i�'e w l.e n da a t i m o e i pt�o f � -
<br /> `�";� ,��; paid p�ts and ienewal notices.Iathe event of loss.Borrower s�al!give pmmpt aot�ce w the iac�uaaee�arrier and Leades. � g-
<br /> , Leuder may atake proof af Ioss if not made pma�ptty by Bomower. • � '
<br /> r � Unles�Ixader aad Bo�mwec athecar3saa�In antin$.�ce ytoeeeds shaU be aDplied w r�storation ar r�air of the 1►- `
<br /> ' � " pivgeaty d�d.if the restosatiart or r�pafir is economIcalty feastbte�aud Lender's sea�sity is na!ksse�d.�f the resoar�¢ian ot e' =`
<br />: :��<�.:n':;',-��Ti � te�r is ao�eoonomicalIy feas�3le as l�ender's s�ty wautd 6e Iessened,tlte as�uance praoe�s shali be applied w the suaAs �'`-
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<br /> .,�.: � ...;,.; secared by this Sewrity Instruuxnt,ahether or not then dae.witt�any e�[eess paId to Borrower. If Borrawer ai�miona the �V:;=
<br /> .-:`'�'_-:,,;;�!r.`.�� ; �F�Y•ai daes not aaswer aithin 34 days a not�ce franA LEnQer that ihe insurance cairier has ot�'et+ed W seitle a cla��.then =
<br /> r: �„ �. Lender may coltect tfle i�stusa�proo�eds. Icndec inayr ose thepm to re�is nr sestar�the Propeinty or to pay smns =_
<br /> f s , ': � ` secared by this Secnnry t�arner�.whether ot aot tE�due.77ie 30-day�period wr�l b�ic►wls�the natIoe is givea. � _
<br /> � �Uatess Leader an4 Houower at6erwise agree ia wridng.any�application of ptaopeds ta p r}a c i g a l s�all.notextEnd�as. —
<br /> ' ^ �� t ' postgo�t6e dae date of tLe manthiy paymeins referied to in parage�phs 1 ead 2 or chas�,�the mmtnarn�f ttite�.If � _
<br /> '` :��Ff ; Under�h�l the Praperty ls�Si�ed by Lender.Bonawea s dgfit ta aay incatanw�paCEC�e.v end pmoeeds t+�miting fmm � -
<br /> 1�'�:.s . ;rr� ; dam�e W a�e�VrFar to tha��risit�on sha11 pacs w Lend�to tfse e�aent of the sams seaued by thfis Securlty i�. • __.
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<br /> :.. � . , _� i imaneQiatetY pttar to acqaisitiun. � _
<br /> ,,....� ,. . 6.�rwpancy.�t�ssvatlon.Malnteaauce and A'otectioa o�t4e pt+o�;Borrowe�'s Laao��oa;Lea�olds. �
<br /> ;.k:.-:',:.,.;..• - --
<br /> :;�`�„ �':t:_. ,: Borrowes abaU�y.establish,aad use the Prop�ty as Bosrower's princtpal resiQertee withtn staty s efter the execatioa of �.--
<br /> .:�� � t6is Seaaity t�saument and shal!condmie w 000apy the Property as Bom�wer's piiaaDal res�8enoe for at teast one ye��'ter � ,�_,__
<br /> �,.•:,i.; .. .,: '. theQsteo�' __--
<br /> oocapancy.nWess Leader atherwise agrees in wrtting,�Mch ooasent shatl noe be�onably arltAheTQ or aat�s
<br /> � �, ,` :, exte�g ctrcamstances exist wtcs� aie 6eyand Borrower's aontrot. Sarrower stiall aot de.aa�oy. damago vr�the = --
<br /> f. a.: : � ; � Prapesty,altovr tve Proper[yr to deae:lor�te.or commit waste on the Properry. Borrowpar stia11 be�a detanit 1f aay forfeimre , ° -
<br /> - -- -_;:`�':'". ;:. acdan or pmcerdtng.whe�bet ctvil ot criFninal,is begun tbat In Le�der's guod faith judgment oould resutt in forfeitare of the �„�'
<br /> . .��� . . Praperty or atheiwlse a�erlailq imgair the lien cre�A by th�s Sea�ritq Instrament or Le�der's secmity interest.Bd�rmcver may
<br /> �;� cus+e sach a dtfaple aad relnstate.as pmvideA in h 18.by eavsing the a�ion ar pmceeding to 6rs dlsmissed wlth a mliag � �,
<br /> % ` • � t t m s. i n L e t W e r's g o o 8 faith detet*nination., u es fo:feiture of the Borrower's iraerest in the P m p e r t y ar ather mateiial . �t .;_
<br /> :':�: ;;'"-.�' -' impairmemt of the tien created hy this ty Insuument or i,e�der's seeutity interest. Bonower shall alsn be in defanit If -
<br /> , _ •-` ' : ' Bomawer.dmiag the[oan appH�tlon proa�s.gave materially fatse or inaocarace infom�ton or st�us to Leader(or failed :-_-
<br /> _;�':`-"'�,`�� ` to pr;ovide Lendet with any matedal infmnmtion)in oonnection with tha taan evidenoed by the Note.iaclading,but not limited
<br /> '' :,�, . _••� w.re�teseata�toas cona7nirtg Borrower's occupa�ccy of the Pnoperty av a prindpal ers3dence.If this Secudty Inm�unaAt is on a
<br /> :'�:.�;`:'„._ - - - . leaseho2d. Borrawet a�fal! wmQty with ali the p:avisions of tAe tease. If Bormwer acquires fen titte w t6e 8roperty. the -
<br /> � .:,,;- ' le�otd nnA fee dtJe shaU not merge�nless Leader agrees�to the melger in writlag.. �
<br /> � : .. � ?.Pl+ade�of�Qgr's ltip�in the 9ioperty.lf Borroarer fails to pCrfaan the oavenan�an�l oontained ia'
<br /> .:'�f t:.;�..•::. ` ti�is Secazity insaument.m thae�s a legat Pmoeeding tlmt may significantly affect L�ader's�g�s in t�(sacb as a �"
<br /> =�� : :: f, _ .graoe�lag!n batt�uptcy Pmbate. for oondemnatian or farfeitarc os to enfome.laws m�guta�ona).then Leader may do and �'�
<br /> :;�;:::�'•.�;�'�:';: pay for whfltever is necessury topm teW the vatae of the PraneAy and�.ender's rlghts in the property.l.eadet's aaian9 nmy .�;;`'
<br /> � •.,.. :����.;`,� - irutade paying airy s�u�s s e c u r e d hy a lien whicb has prloriry ovet thfs Sewrlry ingtsument. appearing in court. Qayiog
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<br /> ':'�., . reasot�Dte attomeys'fees and etttering an the Propeny to make repalrs.Atthavgh Lender may take ac�3on onder this pua�aph
<br /> '� ' T.Lender daes nat have to do�o. '
<br /> ��_'±__��_:�� Any amounta disbursod by Lender uaQer thla paragraph 7 shall bacome add}donal debi of Borrower secured by tt�is
<br />- - �'�:;.:�.:�:::`.�; 3ecurlty tuamament.Un1�ss Sonower and l.cnder ogree to other tem�s of paymen�.these amounts shall bear interes�from the
<br /> ';,,,�,,;:�,'';�;�. Qgte�o!„dlsbursemene m the Note rnte and shall be paYabte. arith iate�st. upan notice fmm LenQes to Baaower requesdag ?
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<br /> '�� S.MpNgege Ias�uaace.lt LenQer reqnired mortgage insurance as a oondition of making the loan secured by Ws Stcurity '
<br /> :' �'�:,.�-`'� Insut�tteat.Bormwer shall pay the preminms requir�to rt�intain the martgage incarance in et'fect. N. fm.mry reasoa, the
<br /> ��''' •:� `'� �' mortgage insutance auverage required by Lender Iapses or orases to be in effect. Boirower shallpay the ptemiums teqttimA to ` �"':
<br /> �; � '` '' ,' .:� �� dbtaia oaverage substantialfy equlvalent w tke mortgage ms�rance preWously�n effece.ae a cost substantlally cqriivalent to the ,..::
<br /> .,�=��-•.-- ._-- • _�-_
<br /> • �� cast to Borrower of tlte mortgage inswaace pnwiausly in effect. from an altemate mortgage insurer appraved try Lender. If �.
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<br /> • . .. • oaQo z m a form 3028 9I80 .
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