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<br /> I �(�� �tlnyy��� LOAN NO. 1 5 3 9 2 1 4 3�4 `
<br /> �1 V�
<br /> ' THIS S�CUAITY INS7�iUMFNT c�r unHorm covanants for natlona!use and non•unifqrm Covet�ants wY.h _
<br /> tlmltod varlatlons by�urisd{ctlon to conat�ute a w�Na'm security Insi�ument covsnnfl raal p�a�arty. -
<br /> ' UNIFORM COVENANTS.Borrower and Lonttar cov�nant and a�roa a�fdlows: °
<br /> � t.PaymaM of Pri�ctp�al a�d Int�r�1:Pnpaym�M�rxi Lat�Chsr�a. enrravar ahall promptiY paY whan dua F
<br /> the princlpal of anai I�terest on the debt evkier�ced by ttw Note and any prepaymant and lat�ctu�rQes dua undur thp �
<br /> Not�. -
<br /> 2.Funds tor T�uca�itd lnsuranCe. SubJect to appl�aWe law�r ta a written wahrer by Lendor,6orrowe�shall pay =
<br /> - � to Lender on the day nx,nt;ily payments a�a dua under tha Nate,uniU tha t�ote Is pal�l ln fu!!,a swn('Funda`)far:(�)
<br /> - 1 yeariy taxes arxi assessme�is whlch rnay atta�n prlority over thts Securfty In�trument as a I4an on tho P�c�pprry; (b)yoady+ �
<br /> taasaha.9 payrr.art:s or grou�rents on the Properry,H any;(c)yea►iy haiar+d or property Insurance premlums:(d� E '
<br /> yaarty flood Insurance promlums,M any;(e)yearly mortqago Insurance premiuma,N any;anti(�eny su�s payablo b1� _
<br /> Borr�nror to Lander,tn accordance wfiih tho p.rovislons of para�raph 8,In Ilau of the payment of matgage t�au�anc's► �
<br /> premtums.These ftems are calted"Escrow Items.'Lender may,at any ttme, collact anti hold Furxis In an amaunt nat tn =
<br />� excoad the maximum amaunt a lender for a federally�elated mwtyage laan may requlre for Borrower's escrow acaount ■
<br /> '���� under the federal Real Estata S�ttlement Procedures Act of 1974 as amendod from time ro time,l2 U.S.C. �2601 et _
<br /> �° saq.�tSPA'�,u:ita;s artath�r lat�:tl�t e�+�llae to tha Fu�ds sota a losser amou�t.If so,Lender may,at any tlmp,cdlpct _
<br /> st
<br /> and hdd Funds in an amount not to exceed the lesser amount.Lender mey esttmate tha amount ot Funrla duo on tht� _-
<br /> � basts of cum�nt data and reasonaWe estimates of expendttures of future Esc�ow Items ar othe�wlsa In accordanaa wGh =
<br /> � r applk.�hle taw.
<br /> ' ' The Funds sfiall be held ln an institutlon whose deposits are tnsured by a foderal egency,instrumantallty.or entfty =_
<br /> ' (induding Lender,ii le�der ts such an Institutian)or in any Federal Mame l.oan 6unk.LonBer shall apply:ho Funda ta _,
<br /> J pay the Escrrne+Items.lender may not charge Barrqwer for holding and epp(ying tha FUnds,annuaUy analyttnp tht� _
<br /> escrow acceunt,or verifying the Escmw Items,un+KCv Lender pa��s Borrawer(nterost nn tha Funds and appli�abl�I�w __
<br /> pemnfts Lerxier to make such a char�e.Ffc�wever,Lcnder may requlre Barrawer to pay a ana•tima charge fur an __
<br /> tndepandeni real estato tsix repotiing ssrv�:.a used by lentlor tn connectian wRh thls�oan,unlass applicaWe bw -
<br /> �,? provides otherwlsa.UnEoss an agreen�ent is made a appl�able law requlros lnt�rest to be paki,Lendar shall nat bo -
<br /> -'r�� rc�qulred to pay BoRO�n�er any fnierest or eamin�s on the Funds.BortowerQrxt Lertder may agrea fn w�ittng,howaver, --
<br /> that interest shaU be pak!on thn Funds.Lender shall give to Borrower,wAhout charge,an annuol�ccountln�oi tho
<br /> Functs,shcwing credfts and deb�s to the Funds and the purpasa for whkh each dohfi ta tho Fund�was made.The
<br /> Fw�ds aro pledged as add'dional securUy for all sums secured b)�IIht9 Securiiy Instnuns�. _
<br /> If the Funds hetd by Lender exceed the amouMS Qertnttted to be hdd by applicabie law,Lendor shall account to
<br /> Bnrrower fw the excess Fur►tis In accordance w�th tha raquiremen!s of appS icabte taw.lf the amoum af the Furxis heid
<br /> Ly Lender 3i any time Es rvt sufficlent to pay tho E&:row Items when due,Lender maY so not�y 9oirower i�w�riting.
<br /> 3nd,in surl�casa Borrawar shaU psy ta Lender the amou�t necassary to make up the doNc�er�cy.Borrowe►aFtiall make
<br /> t;�rtha�fa�,ceancy tn no mcre ti�,�ra�c�ve mor�thlY PeYmenis,at Lender's sWe discrottaR.
<br /> Upon payrnent In fuf:�f.�.�sL�s secured by thts Secu�ty Instrur�ent,Lorxler st�!piv�s�tiy refund W Borrovaea�.� -
<br /> Eunds held by Lender.E+,un�,er paragreph 21,Lender shall acquire or seU the Fao�.`�aRy.L.e�der,Prbr tu the acquisiilo� __
<br /> or saie of the Property.s�@ apply any Funds he{d by I.ender at the tim�of 3cs,,'u�sitlon or sale ss e ct+��t�4h�
<br />� sutns sectued by thls Secur�y Instrcur�ent. -
<br />��� � 3.Appikatbn Ot Paym�nh. l"c�a5s applicable laW provides otherwise,all payrnents recelved by Lender�c�er
<br /> -��, parayraphs 1 and 2 shall be applied:rust,to any prepayment chasges due under the Note;second,to amounts payable
<br /> _— _,�e.���r,t!��thtni,t�tnta�t¢�a;fcw�eh;to orirk.lnal due;and last fo enV late ChSt[ies due under the NOte.
<br /> :;� 4.Chsrpa;Liens. Borro�wer sFtiailpay all taxes.assessmerres,charqes,Rnes and In�OSttians am�butabte to tt�e
<br /> 4� Pro�ty whfch may attai�priority over this Securiry Instniment,and leasehdd payments or ground rer�is,ft any.
<br />.'"�:�: Borrower st�a11 pay the.se obltgaUans in the mannar provlded in Pare9raph 2,or ff not paid in that manner�Borrower shaH
<br />;r�,.�� pay tt�em or�tlme direcdy to tne perr.,aca owed payment.Borrower sFiail promptly fumish to�ender ell notices of
<br /> ` ,� amounts�be paid under thts para�raph.lf Barcawer makes these paymenis dirediy.B�er shaU promptiy f�h to
<br /> =— Ler�der�ecOiPts en+ide�cir�the PaYments.
<br /> ;� Bacrower sF�all p�vcn�6y discharge any Ileo v�hLch hasp�ity over th(s Secu�ity Instrun-roM uniess 6c�row�er:(a)
<br />��-- ar,rees ir�wrsing ta the�ayrtnent of the obii�atlon sacured by the fien In a manner acceptab0a to Lendar;� canesis in
<br /> pta 0 cast
<br /> good faZhti've D7e�by.or defetxfs aga�inst enforcertse�tt of the Ite�in,lepalproceedings whtch I�the L.end s o}�a�
<br /> ==, operate tQ p�vent tf�e e�or�rt�eni af the lien;or(c)secures t�n the hdde�of the Ilen an ag�eemer�sat�ade�y to
<br />:.?��' f,.ender subordinating the Ilen to this Security tnstRUner�.If Le�+der detenNnes that any part of the P��is subject to
<br /> = 3 Uen which may attain priorityy over thls Security Irutrumertt,l.ender may give Borro�rer a notice id the Ilen.
<br /> g����t{�«�CS�ne�mo�e of the a�i�sec fo�h above wUhln 10 days of the q[�i�of notice.
<br />�� 5.Nazsrrl or PropWty Insurartce. Botrower shall keep the 6rnprove�netas now exts�ng mr hereafter erecte�c�ca the _
<br /> ;�� Properry ie�sured aQa(nst loss by fire, hazards tnduded withtn tiie term'e�¢ended coversqe'and any other hazarts,
<br /> induding fWods or floodiny,for whict�L.ender requi�es insur�ncs.This insurance sf►a�U be mair�alned in the amau�¢s and
<br /> =a.-- {cr the periods that Le�der requkes. The i�su�a�ce cartier provfding the insu�ance shail be chosen by BoRU�wer s�ject
<br /> to Lender's appraval which shall not be unreasonably w�hheki. If Borrower faYs to malMetn cavenge descrttred 3�ave,
<br /> ;�} � L�ender may,at Lender's option,obtain coverage to protect Lenders rights in the Properry in accordance wit�
<br />:� psra�raph 7. _
<br />`_.r .
<br /> = FAMlLY-FMM�/fFilMC UNiFOiiM fMSTRUMEKT FOAM 30�i�/90 =
<br /> ISC/CMpTNE�/p79Q�3p2$('9.q0I-L PAGE 2 OF 6 _
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