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$5.:. 00474 3
<br />L \tt`r?RM Coef ;�.y,, 7,. Borrower arid Lcrid_•r con enam and azr,,e a.
<br />I. Paytaent of Principal and Interest. Prepay meat and I.ate Charges. Rarn,wrr ,hall Prn!nrti, pin .,hcn ,ht,
<br />the nrmcipal nfand mtere" " the dcht evidenced tit illessorein d nv ^.:ymertr and' r; charge, „i.ic i:n ter the \,I:,:
<br />2. I'undsforTaxesandlnsuranee. Si, blvd. Damp! iceh lcl,tw, +rn >a,cr?itrnu':u,erhy Lrndrr.H,,rn,ucr,haiip : n
<br />It', Lender an the, day monthly paymenrs are due under tile '�'ore.. until the Nor e i, paid one - twelfth of: tai yearly taxes and an to full.
<br />assessment, which ma} Prior w „er rh a slim ! "Fund, "! euual tr
<br />u tier tu'ify Enstru )_arlr
<br />leahold P:m
<br />rcera, um' ground rents on the Property. mrnt: ihi rf any; fci }earls heard Insurance pi-cmitmts: and /d! ,ear,
<br />mom ±gage insurance premiums, ifanc. These Item we called "escro,r uen:,." !.cadre, map caim::rc tLc E olds clue oil the
<br />basis ofcurrrnt data and reasonable c” of furtire cscrow rums
<br />The Funds shall he held in an institution the deposits or acc<:unt, of uhicl) are msurrd or,-niaraniecd ht a federal IT
<br />sidle agency (including Lender if !.ender is such an institution) i ender shall apply the Funds u, pay the wean% items
<br />Lender may not charge for holding and applying the Funds• arah7ing the account or ccrifving the escrow' items. unle•,s
<br />Leader pays L3,trowrr interest on the Funds and applicable law rxrmit, Lender to make such a ehargc. Rorrowwer and
<br />Lender may agree, in writing that interest shall he paid on the Fi:nd, Unless an a •reemen-1 is made or appheahle law
<br />requires mtere,t to be Paid. Lender shall not he required to paw B ;,i r,,ucr ant tnfere,I or rarnmes on the Fund,. I ender
<br />shall give to Borrower. without charge, an annual accounting of the Funds showctng crcd 3, tint debit, to the Funds and the
<br />purpose for which each debit to the Funds was made 'The Funds are pledged i, tre, the,,
<br />nt addtuat ri srcur:r. iitm,,rctrred h;
<br />This Security instrume.
<br />If the amount of the Funds held by Linder, together with the future monthly payments of Funds payable prior !o
<br />the due dates of the escrow items. shalt exceed Itic amount required to Pay the escrow' Items IN hen due, the, max„ shall be.
<br />at Borrower's option. either Promptly repaid to Borrower or credited to Borrower ;,n nu,nthiy Payments of Funds If the
<br />amount of the Furtds held by Lender;, not sufficient to pay the escrow Items w hcn dug, Borrower shall pay u, I.cncier anc
<br />amount necessary to make up the detieiency in one ar more Payments a, required by Lender
<br />Upon Payment inlull (;fall • -ems secured he this SeCUrity lnarument. I ender ,hall Pmrnpliy refund to. Borrower
<br />any Funds held by Lender. If under Paragraph IQ the Property I- , ;,Id or acquired he Lender. I_end,- r shall apply. no Inter
<br />Shan immediately pnor to fire salt of the Pn,perty or its aequtsuum by Lender. eny Ftlnd, held hw 1 coder at the umr of
<br />application as a credit against the sums secured by this Srcuret_w In,trimient
<br />3. Application of Payments. " ;mass applicable law PT„yides orherw „e. ail naynient, rrccr,cd he Leader under
<br />paragraphs I and'_ shall be applied- first, to late charge•, due under file Noic: ,cc; •nd. ;n P -rpa,i sent ri;sr +es due ;rndrr the
<br />Note: third, to amounts payable under paragraph _: fourth, to Interest due and last, to principal duc.
<br />4. CUarltes: I.iear. Borrower shall Pay all taxi;. assessment,. charges. tines and ;nrt,osrrnorts :ifinhutahlc to the
<br />Property which may attain priority over this Secure In,rrrment. and leasrho!d Payment, ,,r ground rents. !f ;toy.
<br />Borrower shall pay these nhhgarfons in the manner provided tit paragraph _, nr data paid rtt that manner. Borr,+wcr ,hall
<br />pay them on time dtrectiy u, the person awed payment. Borrower shall prompth funrt,h tt: Lrndet all notice, of ,mounts
<br />to he mind under this Paragraph It Borrower makes these payment, ci!rrcth. Born,wrr shah Prnmp!Iw furnish :o l.rnJrr
<br />receipts evidencing the Payments.
<br />Borrower shall prcimpth discharge any hcn which has priority „suer tfu, Sect ;raw Ltvrumet!t unit„ B„rrnwcr ier
<br />agrees In wrong to the payment of the rrhlngauon secured by the heir ni a manner etc cemtahle to Leader: csh I!,
<br />ce,od
<br />faith the, hen hy, or defends ag:unst enforcement of the hen fit. legal procerdnu_s which !n the, Larder', „l,tr,rnn 1, k• rn
<br />Prevent the enforcement of the hen or forfeiture oi'any Part of the, i'roprzrc: err !, 1,rcures !nom the holder o ncC Star: an
<br />agreement satisfactory to Lender suhordntahng the her, I„ Stns Sccurlty Itr,inilnc•nt it i.ende• er in
<br />the Property is subject to a hcn w rich Wray attain aorta !„re, the,, Sr'u. : et !ire; .ins rat! .,t
<br />uon.rrdlrntfiia'thrGen.a l p rut Insirurnent. !racier t.., gat finrr•wer :,
<br />k rrower shall %;rust% the hen or lake one ,,r n,,,re of the ctetu!ns ,g! forth iho, c w,!! her: I l d.:n
<br />of the giving of notice
<br />S. Hazard Insurance. Borrower 01.111 keep the impr „Semen!, I "'" .•an,nr .,! herca!tc•r ere, tcc! tit: ncc Piopert•,
<br />insured against loss by tire. IIa /ardl, Inclu,drd within he tern •'el ;ended -rage u:,! rty 00IIj ha /.,r,:,'r,r
<br />require, insurance. This nnarencr ,ha11 he ntault:uned ui the n,
<br />hte by o *rninsurance carrier Proeidm_ the, ln,uraner ,hall he erw! :r cr ;,
<br />an„ t. ,nc� ;yen :d, !h;,t I cadet r.djuirr, the
<br />,uhfrrt l code,! Sort! ,l +iii r.,,1 hr
<br />unreasolrahfy withheld.
<br />All insurance poucics and renewal, .11311 be, acsePtahlc !„ l coder and ,hall uic!ude j 11JIUlMd
<br />Lender shall hdwe the right to hold the poheae, and rcrtrwais 11 1 codci rcqurr,. Rorrodwu ,n;:a P ,,rmipth _f,r t„ Cootie:
<br />all tier acid of paid pzender and renew a' ounces. In the ewcut „ t loss, Born,wrr .!tall cne pr mil n„u.r t. :he :mutar,ce
<br />ea :nrrarrd I.endcr. Lender ma} make prtxrt of'nss!(not made prumPtl> hw Burr,wrr
<br />L'airss !.ruder and Betrt0%4Cr otherwise agree !n wrung. rtrsur :u! c , n,ccrd „hall !,e apPi!rd r;, rr,torannu ;u r.:P:ar
<br />of the Property wiamagcd, if file restoration or repair !s economically fea,ihic and I ender', ,ccurity t nil icsscned 1' ItK
<br />resioraUon or repair a not economically feasible or Lender's +ecunty wnulti he Ir„rne•d, the in,ura!ur Proceed, shall he
<br />applied To the sums secured by this Security Instrument, whrthrr or tint then dug, wild the
<br />c,crs, paid t, Bnrn,wal 1!
<br />Brrrnwea abandaas the Property, or dots not answer wrthrn ;(i days a notice from Lender that the, - sivanrc :artier Im,
<br />offered to settle a claim, then 1-ender Islay iullrct the insurance prod ceeis Lender may use fire procrrds to repair „r rc,t„rc
<br />the Property or to pay runts secured by till, Sccunty lnstrurt!ern, %4helher ar not !hcn due Ill( 3i)-day "eflod w:ll bean
<br />when the -u ui:r is gncn.
<br />L'r.Irss Lender and Borrower otherwi,c agree in wining. :ntw apPhcauon of I,ra reds u, prnu :-pal ,hail n„t e,.Irnd „!
<br />p islpw,rtethe dug date of the, :ninthly payments retrrred tam paragraphs ! and = ,:r ; hangc• the ant„irrit ,Q the Puy mgr•:•. le,
<br />under Paragraph IQ the Proper!v is acquired by Lender. Borrow[^', right I:, ein m,uramc• policies ::n7 re,, ecd, r !I,!t!t
<br />from damage to the Property pr'lo Io fhe, acquts!rron shall pass u+ Lender f., the ewrcrn , I the sun:, ,c, used I,% !ill, Sc,
<br />Instrument immediate!% prrnr Io the arqu!sttron
<br />b. Prtsrrr :tNm and Maintentax a of Property; Ixaseholds.
<br />change the Property, :t9aw tilt• !'rtgxn% !r, dr!enorartc „r - onirnrr ua,ic If ti -,
<br />Llt +rri,wes shad! co et tit, L!,!. tnnent :+ ,a! ,, !ca,t't :, ;e +.
<br />mph unless the, l,n,vi,i ;nn of the lease. anti ttBorrowcr acquire, tee t!! it r„ nct• Pr.,perl%, :hc Ica, ln•i,? ,n,'
<br />7. fir !lilt shall toot merge ogles. I_c•ndet agrees to!hc mcrcrr u: w nung
<br />Protection of L.ender's Rights in the Property: Mortgage lnsurance. It B„rrr•wrr tail, ,
<br />, +,werrant, aril agrc•,•^.icin, :onlan,ed rn this Se, ur!ty 1Mtrtunc•rn. or !here• !, :, iria! t•r ;,, ;•edr•, >• That r; n c!,! ?�. t! i! r
<br />l.ensiet's rights in nc�' Ptuprrh (such a, a Pr,ct•cding !n hartkrt!Ptrw. Prnhatr. .v - „rt,irnv!ahat ! t., rat,• w.t..
<br />rrNufalr:,rast. thcrt I.rndcr sec do and Pay k,r whatrwer !, arccsar} r„ pourer !hc , aIIll., nc� Pnq,gt'iw rue; I
<br />in the, ient.rTip Lender's a eons maw ntc "!e P ;0Ing anw •rum le, Well h, ., !,re,! >,iu, -!, ha, p!!,%r,•, , ,re, ,'u s
<br />lrastrurrtrttt. ,; fcanng to court. pawn F rrasim rhlr atlorntw, fee, mil cote u! , .m • he !'•,,t, •
<br />Lender •draw takc :action under the, ;`Jf1IrraPjj ender joe, !,1'1 h r, he ', Pa r•. yn,
<br />a
<br />�nw ar.u,un!, d•,i tit,ed hw I av,der ,coder th„ patat,rat,r,
<br />Ord sorts Inwffam,1 t9 CTila„ B.,,rnwcr ant[ I
<br />the .lair A d.,hurse•r,,,.l, at nc,
<br />'cqueaung, pa ?rncr,t
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