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87- 100971 <br />L`- �tFC?x .f C!iyF. S.A i s Borrower and Lender covenant ind agree as follcnc s: <br />Interest; ['repayment and Late Charges. Rt- urower shall promptly Fay when due <br />1. payment of Principal and <br />the principal of and interest on the debt evidenced by the Note and ant prep a3 meat and late charges duet "der the dote. <br />Kaiser by Lender, lkirro% %er shall -p+. <br />2. Funds for Taxes and Insurance. subject to applicrable-law or to a written <br />Payments due under the '*tote, unzii the \oic ty paid in full. s sum ["Funds equal tit <br />ti}'l,endcr on the day monthly are <br />one .,f: Ca? yearly to es and assessments which may attain priority over this Security' Inst- ui»ent ;t l y I> <br />hazard premiums; nerd td/ yearly <br />leasehold payinenr cm ground rents an the Propetty, iE anc. lei yearly- insurance <br />insurance premiums, if am . These items are called eur{iK aims." Lender mryy estimate the funds due On the <br />mortgage <br />tfasis of current data and reasonable estimates of futItre escrow items. <br />be held in ail institution the deposits or accounis of which are insured of guaranteed by a fe�*erai Or <br />The Funds shall <br />state agency tinetudirg Lender if Lender is such an instizuaioRl. Lender shall apply the Funds to pay the ttic'rc +w'items <br />verifying the escrow itcal'. unless <br />Londe{ may not charge for holding and applying the Funds, analyme the account or <br />Lender to -make such a charge_ Borrower and <br />r;cmdez pats Borrower interest on the Funds and applicable law permits <br />Lender may agree in writing that interest shall be paid tea the ' Funds. Lnlcss an agreement is made or appla-a#>ie lave <br />or earnings on wile Funds. .l endr' <br />requires interest to he paid. Lender shall not be required to pay fke rrt }wer any one <br />Ftinds showtn9 credits and debits ivy the Funds and ilia <br />shall give to Borrower, without charge: an annual accou;azmg of Lhe <br />Funds -as made. The Funds are pledged as additional security for the wins sac {tax! by <br />y <br />I}ttrpc»e for w bleb each debit to the <br />this Security Instrument. - - - <br />the Funds held by Lender. it+get air w itii the future me ritiiiy'parmenr, of Farads payable ptsa r xsi <br />lie- <br />r s <br />� <br />if the amount o£ <br />-vivo due dates Cat [lie etir.rOw SLCms. shall evct'ed tht amount ri'gAr[Ted to pay Fhe eSCrC?w" items w'i1eR doe_ the e•3Ck'_VC yRall <br />w, Bnmower iiit mtintflly' payments -- of Fund.:. If tip <br />-. at Borr'ttwtr S option. caber prompt))' repaid Ll Borrower or credit,'d <br />amozmt of the Funds held by Lender is not sulficieita. to pay' the escrstw items ahertiltie Borrower shall Ea }' act I.eitz e[' an <br />tlRx}unE necessan' to make up the deficiency in one or more paym��its as retlnireal by Lender. <br />in full o£ all sums sic erred by this Security Iastrucriesat_ Lerxiei shall l nymptty refund to BiittxtRer , .. : <br />Lipcxt Later <br />payment <br />any Funds Geld l y Lender. If under paragraph 14 the Property is sold c'r acquired r y LeTZder, Lender shall apply, nc> <br />ttv Lender. anc Funds held by Lender at the time of <br />#I <br />than immediately prior za the sale of the Property of its acquisition <br />Wlication as a credit against the sums secured E y this Srcuriic;TictrFtTa:ertt,- <br />Unless applicable law proyxle'S othic 'se. all payments re<ezted by i r iffier <br />t" <br />3. Application of Payments. <br />hest, to Late charges due urukT ire \o-te: secxttai, to prepayment charges dt� a der the <br />Ph s 1 and ?shall be applied_ <br />Note third. to amounts payable under paragraph =: fourth. te. interest dix, and 3asx: to principal due. <br />-hat s fun and unpMIions attritu tabs to the <br />q_ Liens Borrower shall pay all talcs. assessmerus. <br />o'er This. Security- IV;trirt °= ascin*Id Payment -err ground resets ii auFC- , <br />Pic petty Rhx mac' attain pnority <br />Borrower shall these obligations zRS rR live manner Iutnit si irT para th ,'_, 4- ?f to m ghat ritanaies BcnrcaRer shall <br />€s ' <br />l}ac <br />{gay them tort time directly to the person owed payment. B<vtrrw a shatl pryitnpil= TatsTish to Lender all ni*EiceS a s <br />ducialc. Borrower shall Prompt tiTrrrrsit txi Leifer <br />, <br />10 be paid voider this taragraph. If Borrower makes these paytirent_ <br />receipts eytdenciag the pa }'meats. <br />Borrcvw'ershall promptly discharge any lien whit ILas prw+rary+* ry thts aunty lastruarterrL trtikas Homo* fat <br />€estsht ga�od <br />agrees to writing to the pas'ment of the c t�hgaiion soured its t`tte lien sic a rrranner aeiejabic €aa Ga;ec: tbj ec�m <br />of rite lx� t i 1 +k s s.lhz k na rite Lender s z?gitTin€a c aerate >c <br />a; <br />faint Live )Len k p. c?r defends against enforcement , <br />eycttt T#ie enfarcVnienT of the lien tit forfen re. cf any port � i -he Property= or to '•``yes from the bidder's t� eta an <br />agrexsit�itt sansiac.ory to Lender subordinating the Tien It, dot S-- Ocurrty htsar� era- If Lender determines that aarpar't <br />tilts deny Instrument. Lander ma} give Beim es" a <br />l <br />flit Piopen3 is sublet to a lien uhtclt may attain priority tncer <br />notice identifying the lien. t3orrt}Rer .hall satisfy the Iten or tALC c . t trnsre of tip ae'trnas set t`nrth abos- ewrthin Mesta(-, <br />M <br />of the gi*zng of ntmec- <br />5. Hazard rnsnrance_ Bo?rro er shall seep the i tiyeatcuts rtow y vita tereafier errxieii }n the Priipertt <br />included wi alstn tier vet st °fix =erg c *cam€ and any' Sher haaards za sr metre ' <br />sai[rrl against Ictss b +` fire, ha?ards <br />reinutes insurance. This insurance .hall be maintained in vile arritsnis [sI fc_V �,be.pes viral � �� � <br />-. ti- l�. "- °r`�Sll'R'ITiCIf Ylt"4. tvK <br />= i <br />,. <br />. -. rnSTaraRiY i.;arner providing Tlle'inStrranCe slaaiL t,e s:CiSI'Ti 6?i Bzs€st}svir site _'SI?I <br />l <br />Marc ,nat>ty withheld- <br />All insurance policies and renewals _hail be a�ept.el?lc ?; Lei and stall t lrnle astanvta €a mortgage s€a <br />Borrower shall p:.R at y gyve ty? L <br />Lender shall have the right LO tnakl the perlKees and n wits 3f Lcr:cSer regwoea, <br />dJI r+nYipts owpatd premiums and renewal none cs- In tiro event u(kis s, H"Ti'we{ shall gr% r prompt rat sr it #the tn±zrr3> rt c ' <br />carrier and Lender. Lender mat. snake pnx}f of Ixns_ of sL.a€ rrradc primly by Bvxrct+yir. . <br />the[RiSe?gZCC iF wZifii[aR,. IT proinebtis S iriil:K- pod i4." re!ht1= KSiiCM2 W repair <br />- <br />- C X1255 Leader and Borrower t'- <br />of the property damaged, if the restoration or repair IS ec TUC311y feasible acid tender M.settrnty SY's�.'p lessened e z the <br />fie. Ii5- 'Cec7t'd1 the 3nSnr'dt3�'E r;rik "kY',IC�SI�II lX` <br />_ <br />e <br />' <br />,' f,£StCitBtk�a for- {epaiT SS ROt economically fewable or Lender's security would <br />ap +pliad azs 1112 satins seen by this SecurtTV InsLrumcrit, whether o rikx then dtic, with airy' excess paid to I3[xts?wt If <br />ai r has <br />$- a -k,*er a candons the Property. or dotes not answer wahm 10 days a.MOM -Y fn -s<'ra I..tude that the ittsursace <br />the nsurar pie cceds_ Lender [nay use the prt.-ttvts to repair <lr restore <br />o$�ed to settle a Claim. then Lender i[ta} collect <br />the Property >r tz, pay _unas secured by' :his Secunty Instrument_ whether or not then due- The � - y period evil begirt <br />when the nt,,iwr is given. <br />I. titess Leader and Borrower r therwiSe agree m "tang. any apprt No o pr2k5eCd.S t(} pi3tai:tpal sla:tll tai`aT e- 'Sit`.'iRCt is t' <br />refer ca to in paragraphs = and:! or Chan the amount "f:he,gayi,*ita' ' If <br />. <br />' <br />lc' tI" the due date of the monThly payment <br />under paragraph 19 the Property is acquired bc" Lender. Borrower's right to any Insurance l?zIr'r� and proceed- resulting <br />client fif €he starTti secured by sill- Secttnry , <br />i <br />from amat a to the Property" pnor to the arquasttisan shall pass is Lender to the <br />- In�lTuRaentanniethitely prior too the Acquisition- - - - <br />6. Presesration and Maintenance of Pre-rpertt I easeholds &. -- +'cr s Jll * s?t de_ jrM,, damage c r subsran ..a.£y <br />wad. Is SecunFy_ Instrument is aaa a h yid, <br />- <br />l the Property, allow the Property t+a dcterl"Tate ox_ Comm" viRS <br />eeiilO <br />l2"3X,aitti if Borrower 3tia?tri'fQ f�tlS�Yii #hi Pr[tiertY- ti3e- Ir- ',ll.'tiehchS .3RC1._._. <br />err; s' �,.'.�t�ali:.t,.,ply..0 oh file �irpy2�t1+aS Cti_tIK <br />- - Ice title yowl; not merge unless Lender agrees to the merger m w `twig, . _IHSnraBfe. it Btcrriiyi2t t srl_ LU perf rtn the - <br />? Proteetion of Leader's RiOn in the Property; . tart °e <br />t'twet`aanIS and agTc'emCRtti contained to this SeLunty instrument, or there tS a kTal proceeding that may sig�iit#[cantl[ asTe+:t - <br />for condemnation or icl enforce laws tar <br />Leru3er's rights in the Property' ('such as a proceeding in bankruptcy, pr?i ate, <br />regulations), then Lender may dci and pay for whatever is necessary t.? pet rte •bite value tithe Pn* {any and I his <br />this Se a <br />rn the Property. Tinder's cafe +ns may tnclttcte paying any runts secured by a lien which has pnOnly n.ver this Seyu ivy <br />fees and entering on the Pro' }perty I" make repairs_ Alt3iz b - <br />333, 11 <br />`� _ <br />Instrument, Appearing in court. payittr reasztrarik at[oraeyti <br />t rainier may take action "rider this paragraph °. tender does not hate tot dot s, <br />it wee ecured I" this <br />An% amounts disburscd by Lender under this paragraph shat" rr ae i aW n ti dent r r <br />I. Borr weir And Lender agree` to other term. ? 3'Me :t- thevt .ii7' :a11i'tt Sly} 1] iK'1r t °t'eSt tr<'�i5.. <br />ii9. Urtt\ tntitrunirnt nIt`S- <br />the .wale nit dKhulleiRi nt. at the Noll Tair and _ball }ie I`ayata? {. w „n ;Itf z`. e� ;: is•yit nr,ti:e s.. nr # rn.z.t Eta Rnri t�w+C:r' - <br />' <br />