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<br /> b'���� y � �'. The Funds shall 6e hetd in an�on whnse deposits are imsured 6y a federal agenry. insaumenniity. or emity � � '
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<br /> ` r � t -�, ' Cmeluc#ing Leader,if Le�der is suc3�an ms�dmon)ar in siry Federal Home Loan Bank.Lender s9�at1 appty fie Fuads to pay the � ,
<br /> �; ,� ���;� E�ctaw Items.I.wder may aot charge Borrower for hotding and apptyin8 ti�F�ads.a�m�iy aaalyzing the escraw a000unt,or {
<br /> s�..:. .__. •
<br /> .-:-°;>f`=•_<<`-.,r�,.-:.�� verifyiag ihe�stxow ItemS.imIess Leader•pays'Bornowez mte�t on the Fnnds aud appticable law permiu Leader to make snc6 _a-
<br /> '`�,`'•� '•.��'::::'r a charge.�iowevez.Lender may reqniie Borcuwe�w pay s on�me charge for an independeat real esmte tax�+eporting se�vice
<br /> , : k`�r Yt �l by Lender m oor�ae�ioa wah�thiis lo�. uatess applicabie law prnvides othe:vvise. Unless an agreemeat Is made or ` :
<br /> F ''�:,;��. `,:.:�' ajtplicable law reqaiirs intetest w Le paid,I�er shatl not be required to p�+Borrower atry intenst or ramings an the Fw�ds. t.
<br />``':`5 w��;-���`':;'. Boriower and Leader may agree ia writing,hawever,that interest sbaU Ife gaid on ihe Fuads. i�end$r shati give w Bon+Qw$r. ,,��
<br /> £ witha�t dxatge,an annuai aa000nting vF the F�ads>showmS credits 2nd debits w the Funds and tde purposc for which each `
<br /> �'; t `<°�� d�it to the F�ds aras made.Tt�F�mds am ptedged as add'iic'oaal sea�rity for all sums secured by this Secur�ty tnstrument. ``•"
<br /> "`:`:`�:":;.;,�:`'�;�-:` ff tlie Fuad�held,by i.eader exoeed the amoa�p�miued W be held by appdicable law.i.eader shall aow�to Horrower
<br /> `` `:'= for the ea�aess'Fnnds in aeoordaeve with the reqnuemenis af applirable law. If the amnunt of the Fnnds h61d by I.�der ttt eny
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<br /> , ,�'�:r, .? time�is not suffic�ent w pay the Fscrow hems when due.Ixnder maY so natifY Eorrower in writi��g.and.in�case Bo�atv�
<br /> '" =�,�`�=�� �alt pay w I.eader the amouat aecessar�+W make up dte deficiency. Borrower shall tnake�up the defictency in na nmre tdnn
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<br /> � a.-��.;,; iw�ve mammy paymt�ta,ui;��suic.;,�a..ui,;».
<br /> .d m v"`; Upon payment jn fnli of alt snms sec�red 6y t6is Secarity�, Leader shall piampdY refund w Banrower any
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<br /> . �� ; Funds heW by I.ender.�ander paiagraph 21.Lender shall aoqaue or sell the Property,i�eader,Prior w die acquisition or sate .
<br /> V r��" of the Property,shali aPPjY�Y Fuads he2�d by I�d�at t�e tt�e of acquismon or sate as a cradit against tbe sums secured by ' �v
<br /> � `� � � '.�, tlsis SeWrity Ius�. •
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<br /> -- �3�oa o4�tm�ts.Unless applir�tble lsiw pmvides otk�arise.a}1 paymenis teceived by Ixadet ut�ra�atagt�hs . ``
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<br /> c�4-:r:. Z 8IId Z S��C S��Ie(}:�IfBI.UD ffii�!�f�12�C�B�$C9 dIIC li[�t'd�t�1C NOT(:;SCWIIi�.W BIIlOtU1�S Q8y$�1TC�'�ial'8�1�b��i.
<br /> >, w �:,. due:and 1ast,w anY late ct�arges due undet the Note. f
<br /> ,, _ �_: tUird,ta iat�!st dae:fomt6,i4 P�
<br /> -�=F-:z-u;--°�i 4.Char$��,Bormwer sha}}pay aIt taxes,sssessmeuts,ci�argcs �nes and ingws"stioas auributabte to ttte Propercy --
<br /> ' �`�r � `':'�- a fi i c A m a y.s u a i n p�r a t y a v e r t h i s S e c�i t y I n�m e n t, and Ieasdtold p a y t u e a t s or ground tents.if any. Bortuwer shall pay ' "
<br /> . � •�.:" these obligdtions in the ma�mer pravided in paragiaph 2.or if aot gaid'u�that�,Botmwer sball pay t 6 e w on time d l re c�t y y',
<br /> �% ��°� w the peiso�:owed payme�u.B�oisawet shall pmmptiY fnmisb to I,e r W e r all ua6oes of amonnts to be p a td under tdis paragrapl�.
<br /> . y��: If Botrawet makes these Qayatents�tirerttY.Bar�wer sha11 fumisb w L�der rcoeipu eviden�ng the payments. �-'
<br /> � � F.;�.. BoTr+uwer shati prumptiy discharge aay Hen which lr�pma�over this Secarity IaStroncent nntess Sormwer:(a)agre�in
<br /> �'�:= acoe�table to Lender- contests ia aod Faitb the Uen _:
<br /> 'S �-r�. .,� z�;" �g to the payeneut of the obBgation s�bl►the lien In a msnn�r .N) �
<br /> , � � �,: . afiicfi fin t��'s apinioA opet�e m pteveat 8te
<br /> , ._ : by. oi defeads agaimst enforcemeQt of the tiea ln, lega] pmce�a�
<br /> , �. -� e�forcemeat nf the Iien;ar(c)s�from the�ho 2 d e r n:the lien an a g r e e�n e a t satisfacto ry w Lender sabo�dinating ttte Itw to � -:
<br /> ___ __�._._L�;v1,�%:��,� t��Y�.If i.�r de�tLat aay part of the Property is snbjea w a hea whs�may�a�n�rto�ty aver `-
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<br /> r Y''� � ���r: tltis Seanrig►�t.I.ea+der may give Boimwea a notioe idera�ying the liea.Bomnwer shall satisfy!he Uea ar take ane�r
<br /> �,.: •-., : mote of the acuons set forth above arIthin 1�days of the giving of notiee. ���
<br /> � � { � 5. HazarB ar Propeity In�ana� Born►wer shati t�eg dce aupzove�ems�ur exi�ang�os he�esfter�caed,ou the � R.;
<br /> u`: f� :;.� �SRIE��St lOSS by�s�872IdS 1ACI11dC�Wit�il t�tCtIIl"C7UCQdCd COYC[8gC"8Ad Sily Ot11Cr h8T$1Q8. �ttd1A$ . � ;
<br /> - " �'�� f��oo�Roadiag,for whids Lendea requires tasm�ce.T63s ins�ttance shall be maintained in tite amonuts and for thc petlods
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<br /> b' ,�{ � Y � that I.euder reqnires.The in�oe carsierprovi d i n g the iasaraaoe sl�alt he cl��en by Bomuwer sabject to LetWer's apprnval .
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<br /> , a =�.:�_�: wl�ch shali not be uareasonablY witbhctd.tf Borrower fai�s to mainrain raveiage desc:I6od above,.Leader mayf at Lender's .�
<br /> -�Y� •-.='��... ' uption,o�tain coverage w p�ot�Lender's rtghts in the in aconrdance with p8�h T. . �'
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<br /> °`` '�. _� Ait insurauoe Pulicies and reneaals shaU bea�tab e to I.ender and shall inclade a standard mortgage clanse.�nder �-:
<br /> � .. .;',.. ,.: ;J_ °. sbaU have the right to hold the po2icles and renewals.If Lender reguir�s,Borrower sbali p#omptiY Blve to Latder'a!!teceipta o4 —
<br /> ,.,`� i'�_;; Paid piemi�ams and renewal noaas.In the event of loss.Bom�wer s1�af1 give pmtapt aot�ce w the iasuraace cmrrier and Lertder. � �
<br /> , .�,..,. I�euder nisy make Praof of�oss if ucst aiade prompti;►bY Borrower. �, -.
<br /> ' , : 1Tn1�ss.Lender aad Bosrower otheraiise agrec ia writing.ws�P�aeeda shaU be applied W restoratlon oi r+epaii of the _
<br /> •�'� � , . if tbe tesWtation oz sir is econoratex�Uy f�'ble aad Lender's se�autty ls not lesseaed.if the restoratiton os
<br /> n .. .. . PrqPoctS►damaged.�. �P
<br /> _,..:_;,,,�....r,:-:�_,.... , r�pa�r rs nat econom�caiJy feas162e.ar I.ender's sowriry�would be tessened,the insuiance prnce�s shall be ePPlied to tke sams �_
<br /> �� � , .��.: s�b3+this Se�curity instn�ment,wheffier or not thea dae,witb any eacess pald to Borrower. If Bosrowee abandans t6e . _-
<br /> ' - �` Properiy.os does nnt�swer withia 3a days a notice fram l.ender tbat the imaranoe carrier has offe�l w scMte a.relatm:then .
<br /> _ . _•�t'-"�.:�`,g:._;;;° ' Lebder mey oollect the insatanoe proceeds. I.euder Way use the pr�ceeds to repa_ir or reswre the Property or to.pay sums _ -
<br /> . sea�by this Secunty t�tr�tnent,whethea or aAt ehen due:Tt�e 3aday gcr�ad wili 6egiriwhen th�notice is giveA. � ---
<br /> �� � �-'�3. Unless l.ender and Bo:mwer oth�wise agree in writing, sayapp13catIon of pmceeds�w princ�pal gha1�.am.�e�td os ,.
<br /> ,;�•,:�:�:�..:<.., eh
<br /> ._::,;�,:.;�;� ;, postpone the dae date of tis�momhty paymems referred w in -h9 1 aad 2 or change the amount of the pa,yrrcents.,if
<br /> ::%f; :`::=-.:.'��'� � mider yazag�aD?i 2]the Praperry�is aa�red h7+L�der.Borrower's tn aay insnraace pulicies mrd ys+ooeeds�esaltiug from —
<br /> - � ��-�`�::":_�: damage to the ercy prio:w�e acq�tian sbaU pass w LeAder w the exta�t of the wnos sec�ued by this 5�curiry tastinunent �
<br /> ��..�''.,._`,�..,� immediately prI�iv the acquisiaon. .
<br /> � ,.,:T.,., � "6.tace�neq.Yreservation,Maint�nauoe aa�t Prnt�ecttan of the Pnopert�yt Bore+uwer's Laao Apptiwtion:i.easehaIds. -
<br /> a_ :,..�.����:: ' .
<br /> °�°�:.:s;�.;•:. . Bormwer ebalt oocupy,establish,�use the Property as Borrower's prtnctpal resldence wiihin slxty d�ys aRer tha exeq�tton of
<br /> :,';:'i,':�.�.;.:::.;,.�::_�� this Seaulty InSaamient and shall coatinne to occupy the Pmperty as Hosrower's principal residenae for at least one year aftet _
<br /> .._, `'..,-,` V , t6e date of oocupancy.unless Lender ot6erwise a�s in writing,which oonsent st�ali not be unreasonably withbetd.or unless ---
<br /> �. � �.�,, „ _
<br /> , : ;.� exteauati�g dsCamstances eaust whicb are beyond Bormwer's cuntrol. BonowBorrowei shall��t if or �f rfeitu�
<br /> , . ..� P�pe�ty,allow the P r o p e r t y to deterioratR.ot commlt waste on the Property. �Y _
<br /> '� � a c d o n o r p z o o e�d i n g,w f t e t h e r c i v i i or ctimival,is be g u n that in Lender's goad taith judgment caald resaJt•in forfeature of the -
<br /> �roperty or othetalse materfaUy impaa the tien created by tLia Secunry Insuument or Lender's s e a u tty imerest.Bnrrower may
<br /> _ cure such a defaoit mid reinstate.as providcd in paragrapb 18,bY�ing the action or ptoceeding ta be dismissed with a raling �
<br /> .,„; ��� . ` . that.in Lender's$aod faith detemdnat3on; p:ecludea forfeitune of the Borrawer's interesl ip the Property or other a�gtedal �,,...;.�
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<br /> , " ,im�aim�eut oY the 1'ten created by Wis Security lnsttument or I.ender's seauity interest. Borrower shall also be in defautt li �
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<br /> :. f a� 'I Bormwet.durl�ag We loan applicaflon prooess.gave materiaU�+false or inaca�rate infom�aflon or statemeats to Lender(ar.faital � �,
<br /> to pmvtde Lendet aith mry matenal infomn,at�oa)in coAne�tion alth tde toan evFdeno�by the Nqte.ipcIuding.dut a�t litnited �-:
<br /> y� ' �to.�tations con�cemtrtg Boiroaer's oxupancy of.the Pro�eety as a�indDal res�Qence..YY this 5eco�ity Inst�naft�n.is.on a ��
<br /> : ;..::.f t�old. Borrower shall wmply with all the provisiaav of the lease. If Borrower acquires fee dtle to the Properry. 1he -
<br /> ' ' � �' ':� teaseho2d and the fee dtte shail not merge antess Lender agrees to ihe merger in writing.
<br /> , ' - 7.�noteetlaa ai I.wtder's lttghts in the PropeAy.If Borrower fails w perform the cavenanss anda�me�ts contained in
<br /> . �_.;;:.,: ��ity tnsWmeni.or t�is a tegal p�oo�dir�g��y�S�c�ndy affect Lender's rig�ts in the Frope»y(such as a
<br /> � ' �r�oce�ding in bankruptcy.pmbate.foa cond�mnation or fcsrfeimre or to enfa�rce laws or iegWatlons). then Lender may do and
<br /> :� `% :� pay for whatever is necessalY w tect the vatue of the Property and Lender's r�ghts in the Property. Lender's adtons may •
<br /> --_ • :*:;=,�;�'� ittcludapa ying anY somv se�r�by a uen whlch has p�iorlty aver this Sewrlty Insttument, appearing in aourt: paying .
<br /> . � reasonable attomeys'fees and entering on the Praperty to make repaits.Althangh Lcader may take actlon under this paragra}!� "�r
<br /> 7;Lender daes not have to do sar.
<br /> ' Anyr amounts disbursed lry I.ender unber this paregraph T shaU become addittonal debt of Borrower secure� by Ws
<br /> . :���` ;. Securlty Insuumeut.Unless Borrower and Lender agree to other terms of yayment.these amouats shaU bear lnterest f�om lhe.
<br /> '--�'.-��- date of disbursement at ti�e Note rate and shall be payabte, witl� interest. npon notice from lander to Bo�rower requestin�
<br /> ..,.. . ,
<br /> _ :�. paymea��Iaqm�nre.If Lender required mortgage insu�aace as a condidon of makiag the toan secured by thia Ser�udty � '
<br /> .,,.�t.;�'_.� .
<br /> . .- .':? '�.;-' lasvament, Ban+ower sba11 pay the ps�emiums reqaired to ma�htain the mortgage insurance in effed. If.for aay reason,the
<br />` _ � mostgage insuramce coverage required hy.Lender lapses or oeases to be in effea.Borro�uer shall pay the premiums required to
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<br /> ' '� �� obtain caverage snbsmndally equlvalent w the mnngage insnrance previausly in effect.at a cast substandally.equjvalent to the •
<br />- •;'.�;: .::.� ;:� oost to Bormwer of the mortgage insurance previously in effect. from an altemate mongage insurer appmved by Lender. If �
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