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Lender pays Borrower interest on !he Funds law permits Lender to make stich a charge. Borrower and
<br />Lender may agree In writing ;hat Interest snail . _ ; -aid on the Funds Unless an agreement is made or applicable law
<br />requires interest to he paid, Lender ,hall net be required to fay Borrower any interest or earnmes on the Funds. Lender
<br />shall give to Borrower, without charge, an annual accounting of the Funds showing credits and debits to the Funds and the
<br />purpose for which each dehn to the Funds was made. The Funds are pledged as ai ?d!t :etna; .ecuntL ! r t }:c sums secured by
<br />this Secunty' Instrument.
<br />if the amount of the Funds held by Lender. together with the future monthly payments of Funds payable prior le
<br />the due dates of the escrow Items, shall exceed the amount required to pay the escrow items when due, the excess shall be,
<br />at Borrower's option, either promptly repaid to Borrower or credited to Borrower on monthly payments of Funds. If the
<br />amount of the Funds held by Lender is not sufficient To pay the escrow items when due. Borrow'er'hall pay to Lender any
<br />amount necessary to make up the deficiency in one or more payments as required by Leader.
<br />Upon ayment in full of all sums secured by this Security Instrrrlent. Leader shall prorlptiy refund to Borrower
<br />,
<br />any Funds 'held by Lender. If under paragraph 14 the Propert': is sold or acquired by Lcnder. Lender shall apply, no later
<br />than immediately prior to the sate of the Property or its acyu:::uon by Lender. jr-t Funds he!d h} Lender at ;he time of
<br />application as a credit against the sums secured by this Secllnt y Instrument.
<br />3. Application of Payments. Unless applicable law provides otherwtse. all payments recei%ed, by Lender under
<br />paragraphs 1 and ? shall be applied: first. to late charees due under the '`lore; second. to ^repayment ;charges due under the
<br />Note: third, to amounts payable under paragraph __ fourth, to Interest due: and !ast, t:; pnncipai due.
<br />d. Charges; Liens. Borrower shall pay all taxes, assessments, charees_ tines and impositions attributable to the
<br />Property which may attain pn: ;pity over this Secunty Instrument, and leasehold payments or ground rents, if any.
<br />Borrower shall pay these obileat!ons =.n thr :earner ,,rnvided m paragraph : , :Ir If not t?aId in that manner. Borrower shall
<br />pay them an time direct!.; To the ;,erson ; >ued payment. Bo: *owe: shall pnimpt} furni,ti to Lender ail not of amounts
<br />to be paid under this paragraph. If Borrower makes These payment, directly. 8orrowrr ,hall pn?rlptiL turnish to Lender
<br />receipts evidencing the p,ay men.ts.
<br />Borrower shah prcmm:ty discharge any lien which has prrontp over !his Secnr ;r: instrument unless Borrower: (a)
<br />agrees !n writing to the payment of ;tie obhgattt h secured by flag lien in a manner acceptabie to Lcnder; (b) contests in good
<br />faith the lien by. or defends against enforcement of the lien in, !e gal )rcyceedings whi h m The Lender's opinion operate to
<br />reure of any part of the Property: _ r !c) secures from the holder of The lien an
<br />prevent the enforcement of the lien :,r fe n
<br />agreement satisfactory to Lender subordinatine the lien to this Security instrument. If Lender determines that any pat of
<br />the Property is sub)ect to a hen which mac attain pnority over this _Security Instrument. Lender may give Borrower a
<br />notice idennf)ing the lien. Borrower snail: satisfy the lien or cake tine or more otthe acrwns set 'orth above within 10 days
<br />of the giving of notice.
<br />5. Hazard Insurance. Burr :Auer ,hall keep the Imr.ruemer.t, m`,w c+isim ;.. , ,.._pier _...:eci on the Property
<br />insured aaatnst loss by fire, kazar ds IneLuied WIThM the terra "_c;cr,d•cd co(,-rage ' .:n" ir.\" :,tic ha; ^urds for wi:Ich Lender
<br />requires insurance Tbrs ! lsu : :ulcr ,nail ^e r.•al.•,a..led 1n. i :ndpe. u!res. The
<br />Insurance carrier pros „me in_ .nst,r,e. _ hall he _! , ,: B .. tr Cc.. c ._,. Anal. pot be
<br />unre,,sonably withheld.
<br />All Insurance ?ohCie� .I.n,d renewal, shai. .._ _, ant ;1.,Ie .., r; gage clause.
<br />Lender shall nave the igh. , , ..1. .: P t (.iliac', and : ne',y;.ly !! .l`fli ;C' a... _ Li, 7 A . : . . i'• e !C L e2cer
<br />all reeeipti of tld p-rem!ums and .enewa. n:; t!_.S irl ;rle .\u..._ _s,. .3. :.. •y ,. :..,.. .. . .,. .. ... .. .': c` ?s.. raise:
<br />carrier and Lender Lcnder mac (make -root :,i 1n s It rwt Trade p'Cin ^t!y ^\
<br />Unless Lcnder and Bor wcf i .,, :'w'.se azreC in wr`t :n£. InsL aaLC .".r. :clCd� ,Il.t: ,.' ,I. ^paced t. .mss• r : :ilV .. repair
<br />of the Prlprrty c.arna ;.d, i the .r>r ?ranr.n ur repair is cc.,,,nmlcalh ieasih.c :nd I- Cn•_irr ct :.n;. a .. r •e,senrd
<br />restoration or repair is not rcr nnmicai _ ,a L`,x er I -:_n c. ccuntL wou:.. rc le>,cnco..: : _ .•isuram.c ,:r oceed, ,haii be
<br />applied to the Burns secured hh this SecurirL imuurlent. \y he her :.r MIT tne:l due. wI In _r , - .es, aid !.? B .r: ^wer. it
<br />Borrower ahanii.lns The Prorert',. or d, cs n, i answer .y!th n „ :lay, i no•tl_e `Tor.; L e :ter :h,;! the !n,urance ;:arr,e: has
<br />offered to settle.( Ja ;m, then I _ndrt may _,,.teat !hr :n,ur.ero: ='rntreds. L..: ccr :; .it , nc epalt :.r re'tore
<br />the Prrpert r t`; pray ,um•; ,c ..real .: ,_ r,(e •,. ,, w •c r,., . :, c•r :.,d w:il be !r
<br />when the notice !, given.
<br />Unless Len,;er and borr(,wrr . -,lhc *wile a'irce ;Il u'nt'il' .1I7 i t -_ i'SI , 1 ,l: ` of CYterld or
<br />postpone the due date cl. t the m.' -ni ,I\ pa men. ?S rerer7ed !' :n :inlr,ipn, ; .1:11: _ ., _ a-•L. "le _':TI(:l1(1• .'! the p:3�[:len[S. It
<br />under paragraph 1'7 the Pr(,pc tL a acquired by Lender. Borrower right n r ;,t ar,cc t c ;_s :rl,. resulrng
<br />from damage:. the: Property rFlor to the acquts:II : ;n,halt pars to Lender ,I inc et:en, : ,:.r,' ,c_,r_d y tilts Secunty
<br />instrument irnmediaiel% n r , _. ;he acquisition.
<br />b. Preservation and Maintenance of Property; Leaseholds. Bor:ol%er, riaii not desirol,, iamage or subsiannaLly
<br />change the Property, allow the Property ;a de ;erti ;rate :lr cmmrTltt %yaste. If fist Serurir. Ins(;u:nent is ;n a ieaseiloid.
<br />Borrower shall comply with the pr,wislons of The lease, and if Borrower acutiires fee (,tie To ,l ?e 11 o1,erty. the leasehold and
<br />fee title shah not merge high. I ender agrees to The mcrgcr'.r. w ^(ng.
<br />Protection of Lender's Rights in the Property; Morligake Insurance. Bun «Cr !..... to perfLrm file
<br />covenants and agreements contained In this Security Instrument. or there n:! !C::al ; r..zrd :tic :hat ;n:y ,I n!t,antiy a!Te ".
<br />, ,
<br />Lenders rights III the Property isuch as a proceeding In I ankruptc%, nr0 .'ate. [ ,f :it. n ?n -I , .t .`�r '� Col(�rce laws :or
<br />regulauonv. then Lender may a arid i+a+ or w'hale\er ;s necessary :c Prole ! 'he .ai e 1 :he F r.,per!L and Lender', tight,
<br />In the Property L nder'> act , 1s nlaN Include laying any ,um, )CLorcu t3L _I !e❑ will,'; ',a, ; ., n!\ -,Ler this Secunny
<br />instrument, appearing ul e:our ,^ -piing reasonahle attorney" tees and emer.r . .+Ii :no
<br />Lender !naL Take _l :: :i t. In,; er fill, o r:tgraph ef der Joe, lot 11:1L ' ",
<br />my arntl it ri i s iIs hilt C:. L I-,: •Iuer ,iii ter ;h: :ra4 ro ph .(i I r, _.. :. _, ., , ti(,i f:`w er ,ci t,'CU ^,t ;:♦
<br />Security Imtrument l nicss it ;Irower and Lender agree to r,th: r tc rn_ . :\ r•lc l' 1!l', ,C .nr :o o ,n ;l bear a ?to• c ..., ,
<br />the dale of dvibursemew at the Note rata :Ind \ha;l `,e pacahle. All.: ',n;e ,,'. 'tr 11 [ e luei ., Hrr. ;wer
<br />request nit payment
<br />if Lender required mortgage insurance a,, a condition "t !nai ing 'Tie :,)an secll!ed ' , ;his Secur:!y Ir.sLrurlcnl.
<br />Boo :,wer shall pay the rreml.lrl s regtur 7 •na tit till •ilc t t r n e t `Ac uli h •r 3 } e' ullemr I tie :re
<br />msu ranee t: :m. :na,es In c ,r i u c with Bur wcr s! uI I c ldc • whiter l�le .n c It r 7j,I i c I I- 1wg
<br />M. Inspection f.. ' get as rnake ;eta n rte Upon ind
<br />Thai! t .9t '. 1 A i'! r ,{ 1 1- til'•i,Pli t llln�t l T 4'. 1 ,< ,� ill G 11
<br />9, f'ondemnrtion. !, Iie R c 1, - an lA:l d ll .!aCl r ]111h_,. .i, O „`ntil t,e :., t, I ,. ,i!. c. ,!, `.1 ;•.
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<br />I i •r.l ;.h'.:1 ct �i� t� •,..... '.. •f "'1 .t.
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