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85-- oo366jL <br />U"'IRIRM COVE♦A`,;T-S &­`T T'lm er and l­V rid VT Ti <br />1. as cm <br />Payment Of Prlael And Interest, Prcliaiymval and nd Late Charges jiolr,ImL�- <br />� i <br />, l-,;i - , -'�. - <br />theprinclinal ofand interest on the debt evidenced 1,t zh:� <br />ant <br />•ni "TILI lair: N <br />2- Funds for Times land lnsiirnince_ __T <br />i "'au T­`ItC` UaINCT V!IiJVT. R0T*I,lAe- hill pay <br />I'D Leader on the day monthly Payments are due under- the N-1."ec unlij :hr Note Is rald Ir fu]l I. a "i n c'Fullds"I <br />ate twelfth <br />of ja) yearly" taxes 1 <br />xes and assessments which may <br />alian, prion 1% L,%er this <br />leasletict'd PAN-mens or ground rents on the Pro - ln,,Turnen,� fh� cart <br />pern, ani., <br />nwngW insurance premiums, if Any, These Items ic� i,carlli hazard insunanzc prerniums. And ld� Nrark <br />" <br />are cA]l,_j urns <br />-sC' Ixnder mall cSlIrIl;1le lh�e Funds due on the <br />basis acurTICTIl dalazind reasonable t-,-,iTnatL,'OffUTair,- <br />LSCr,,u Item, <br />The Funds shall be held in an institution ution t he Jell'"'Is IT <br />i account. of %, h,L:h are Ill'urcd oT gua ranreel by a federal or <br />state agency I including Lender if Lender is insi <br />such an it ili I"") I-el",d ,hall appi %, the F un jS w pay ' --, <br />Me escrow items <br />Leader may not charge for holding and applying the Funds. <br />a' <br />Lender pa nal�%Z"�IF 'tic aCCOUT71 OT %CrIfV:rjjZ lilt: C%Cri)m v!em IJT1je <br />ys Borrower interest on the Funds and applicabic <br />11jiN ncrrmiis Lender 10 TnZkC S.A, a charze. BorroAc7' and <br />Lender may agree in writing That interest fic <br />shall paid on the Fiin,i- Unlei an JErVenlent, IS Mal, or applicable laiA <br />requires interest to be paid, Leader shall not be require <br />ed 1,� pa; Born -,-T <br />any interest l,r . Vs �jn Site Funds. Lender <br />shall give 10BOrre"Aer. withOul charge, an annual accouniing Of!he Flnia, -T-1dirs <br />sh,,m-jjj,, and debits To the Fund,; and The <br />Purposefor -hicb each debit to the Funds was made. The Fund, <br />are jdd;lional ccurlix for the sum" d b% <br />this Security Instrument. Secure, <br />If tie amount of the Funds held byLender. <br />together Kith Iliefuture m <br />- 0111111V payment, ofFunds payable prior 10 <br />the due dates Of the escrow items, <br />shall c <br />exceed the amount required to pay the escrow items when due, the excess shall be, <br />at Borrower's option, either promptly repaid to Borreweror <br />credited to Borrower on monthk payments of Funds. 11 the <br />Y . yn <br />amount ofthe Funds held by Lender is not sufficient to pay the c.,.,crom- items <br />when due. Borrower -hail <br />arnourtz necessarN 10 Make up The deficiency in one or More payments as required bv Lender� pay to Leader any <br />Upon payment in full of a sums secured by this Secur,!% Instrument. <br />Lender shall pi­cymp-,lv refund to Rcirrower <br />any Funds held by Leader- If under paragraph i 9 1 tic properl <br />\ 1, sold ) <br />than immiediaich, r jit:Quired hi, Lender. Lender shall apply, nollater <br />prior it) the sale of the PrOpenir "er, <br />or its acqUisillon N L,-n :in% Funds held by Lender At the time Of <br />application as a ensue, against fits sums secured b} <br />ibis J curly Inst. ument- <br />3. Applicationof Pay- awnts. Unless Applicable ]am <br />paragraphs ljc' <br />PT' !:�mCnl, Lel%ej hi Lender under <br />1 and : shall be alt"Plied:first, 1171 late ctiarges d <br />u- unjeT ? ii�, Nlort:� <br />Note; Ihi Ik) PrLTLI'mel-11 , 7:arg;:s due under The <br />rd, 10arnOunts payable under paragraph Z: fourth, ZO Interest due: <br />and la�st, lo pr­lcpai duc <br />4• Charges.; 1.4ens, Borrower shall pat a,,j axes� assess- _I, <br />ne.. <br />. charges, ges. lines an 1 ill:!, filer UIabaC to the <br />PTOPen) which MAN, Attain priority _ <br />Only over this Securit - ly'SITUMC111, <br />and leasehold payme-11S or ground rents- if any. <br />BOT-0111W shall pay these obligation,.;- in the <br />manner Pro% ided in paragraph .2, ill it not paid in that n2anner. Borrower- <br />Pay Them on time directly to the person owed payment. Bor h�H <br />To`er <br />shall PTOMPIJ; funnish to Leader all noTcL� Of - <br />to be Paid under this paragraph. If Borrower makes % Amounts <br />these <br />payments direct l\. ROTTO"el' +hzil promptly furnish to Lender <br />receipts eVidencyng the payments. <br />Borrower shall promptly discharge any lien which has rr ic)rlz over I h IS Secur"N I <br />list ruTncnI ur-Jes,, Borrower: er: (a I <br />agrees in writing 10 the payment I oflhe obligation secured by the lien <br />17, a rnannL r a-ce <br />faith the lien bii, or defends against Pablero LLnici, (*�) �:t)njejs in good <br />nst enlircemen, or he lien III. ieg.tl <br />Proceedings which In the LLT`J--T*1orinu)n Operate I" <br />prevent the enforcement of the lien or forfeiture of any part of the Pri,perit <br />y: or i c) secure, f­olm *,he holder of the lien an <br />agreement sallsfaclory to Lender subordinating the lien I,, Securit-. <br />this Instrument. IfLenacr je,cr, <br />the Property par-, or - <br />I" subject to alien which I%al ant <br />may attain prjcirjlj� ivr ,his ScCur-11-- Insnimen— Lcnaer ma% gi%e 0- <br />notice identif%ine 11.1c lien Borrower shall S' B Tromer a <br />satisfy Ificht-1) <br />'37 irike 'I"'C'.7 m0rv, <br />ving or <br />afthe gi notice Thc aCtw*:, IThill i da-- <br />A <br />5. Hazard Insurance. Borrower ilaij Beep 'hr <br />ht-leal'ieT ,:I The PTOpt-l—, <br />against loss by fire, hazards included within th,-:-,r­rj <br />requires insurance %ndej 0%eTa9c** and ant other haz�.-j, for unich L,-rid-,T <br />This insurance shall he mallilal. <br />maintained �ht. <br />Ill 271, 1, S <br />TILs and I."' the Per,I)JI, !hit Leriaer require -1-hc <br />insurance Carney providing. the Insurance Shall i)r Chi'le!) 1% B <br />unreasonabli, withheld. slit'It'LA %, I-encier', appr,,;a, m ilich shall 1,,), <br />All insurance POhCJLS And ler&walS I t1all be <br />to Lender and haj; Include J standard Mortgage clause. <br />Leader shall I <br />I have the right to hold the u- <br />policies <br />and _.Ijcmajs if 1'enjer reqall uire,. Borrk,"cT Shall promptly inile to Lender <br />receipts of Paid Premiums and renewal <br />notices. In Inc "vclll OF li"ss. Rorromer Shall cii. <br />carrier And Lender Lender may Make prcK)fofl,)ss if n(,, nijje pl-,)m 11% give Prunipi nozice to the insurance <br />P i,% Rorromcr� <br />Unless Leader and Borrower - <br />rrower otherwise agree <br />III "riling. shall he applied lorLsfOration or repair <br />a the Property damaged. if I he restoration Or repair is <br />economicaIIN feasithle and Lender's security is not lessened. if <br />the or repair is not economically feasibie or Lender's sc:Irf� <br />mould te icswrc,. Inc Insurance pi-ciceed, shall he <br />Applied to the sums secured by this Security Instrument, ulle1her <br />;DT 71l"i Ifien due. wljh <br />&-lyrOwer abandons the Property, or does ' any t?x,:esS paid Ili Borrower. If <br />not afl`c` mIlt"In 'If; <br />offered I o w. dal, a notice f7orn Le • then Lender may c�fjjccj he Insular rider that InC 1714"ranCe carrier has <br />Iht Property OT to Pay sums secured illy this Securely IXndCT Tlla% use the pro'-ved, 7,1 repair or resiole <br />ITINIrLirne'll. unrulier '­-Jzr� <br />when the or not I <br />-41ce is given. hell due I he T,�:rloj "Ill begill <br />Unless Lender and BorroiAcrothermis& agree in" rzliT.'c. any <br />PostP=c I tic duc date of the month] I, Pd� MCIII, let-r7ca lo ill piragra;-hs alic ol hanct: :fit <br />_, <br />, jmooT� <br />under Paragraph 19 1 he Property I,., a <br />acquired t,% I rrldvr. <br />W, Xi,! ;)I,I, ire from daynage to iliePropeny prior to lhcAcqui . sitiol, pass 1,, 1 JVT <br />I" he <br />I <br />Instrument arnmediately prior to the acquIsili, cd h% this se, urjl� <br />on. <br />01all or sul,� <br />ch&W the PrqxrtY, allow the Property to deteriorate slalliIJ11% <br />()r c,)mMjr waste if this Sccunti, )list IS 'IT) a lciisehold. <br />BbyrOw" shaHCOMPlY with the provision's of the ]use, <br />and if Borrower jCquireSfcc title li, the Prorcrly. The leasehold and <br />fee title shall not merge unless Lender <br />agrees lo the merpcir in mr)jingl <br />7- P"I't4rctiOn Of Lender's Rilthts in the Prop-ert%. Morticaut Insurance. <br />clokenann and Agreements contained in this Securl,% ]r,,,trLl* pcTform the <br />nic'n;. <br />I,- there IS a lcr"l tha, <br />Lender's rights in The properi) (,such as a Prmerd,rig 1. <br />Teglilaa'St788S). 1ldeYd !.snider may rnfo-cc la",, of <br />doandpa) foruhaicier 1% <br />the talus I't11IC'T) -VIC' I rndcr's nghls In the Puipeny. Lender's actions array include <br />in "'L TI A <br />sc,:ur, it hi a lUrt. N)'Ing rcaso?'W�j,- fi,lorne%" lvt•, �:l 7fic '7:!Av -vi-xrs <br />del <br />'ea MAY lake aclioa urlderElin, PAtiligra0i 7, Ix,lOrr AlihojEh <br />Air" amunts disbursed b% Lender unjrr !f, <br />se !",I, cuni) lumirument Unless Borr (,Wcr A nd Ierldcr A�rvc lolittr <br />rrl, <br />the dale of jishurwaicn, Le The %il!r rale all" 04,T1 1l,. <br />requirm Ing paa rrivn' <br />