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<br /> 96— ������• I.OAN NO. ! S 5 9 2 Q 0 fi 0 5 F+ .
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<br /> TNIS SECURITY IN5TRUTAEN"f comWr�s unNt�rm cpv�arus fcx natlonal usr�arxi non•uniiorm covar��w�h �.
<br /> . 4unit�d vari�tbna b�r;u�tc�icttan to concikute a urdtorm sacurky instrumant coverinq red Nt�p�t1Y•
<br /> ` UNlFORM�OVENANTS.Bo�rauv�and Lendar covw�aM u�d a�rea as foUows:
<br /> � t.FhyttuM of Ptincip�l�nd IM�st;Pr�MynNM��xi t�t�Ch�rpw. Borrowar sl�ll Prompt�Y WY wtwn dtw �.;=-
<br /> the�xirxlpa!ot and lnssroat on the debt evkienced by tFw Ntato�nd anY PrpWYmw�t and lato charyea due und�r ttw �:._
<br /> + Wote. `�
<br /> -- 2.�wtd�4at Yax�s�nd Insun�c�. Sub�act to appiicaWelaw or to u written waivar by lender,&xrarvar st�alt p�►Y �`;�
<br /> � to Lender an the day monthty payments are due under the Nota,unili the Naie Is paid tn fult a sum('Funds")(a: (a) �,_
<br /> :; yaany taxes anci assess+'��e+-►i�w�lch may attaln pria-iiy�va:tl�ls Sa:.tutt}�I�st�umts.ni as ce!ler�a.�the Pro�erty;(b?Y�Y -_ -
<br /> le�sehold paymeMs or Qrou�d rents on the Property,i1 any, (c�yaa�y n�zaro a aoAercv u,surance��,w�,�;(d)
<br /> `'; Y e a�t Y 8 a o d i�s u r a n c e p r e m l u m s,�a ny; (e)y e art y ino+t p a�o 7nsurance p ramtum�.�an y,arxi(�an y sums payaWe by �
<br /> Barrower to Lender, in accordance with the provislons of pa�apraph e,ln Ileu of the payment d mortgape Insurance �-
<br /> preeniums.Thesa items are called'Escrow Items.'Lender may,at a�y tirtse,cdiect and hoid Funds In an amaunt nat to
<br /> exceed tha maxlmum amount a ler�der for a federalty retated martyapa loan may requtre tor Borrowor's escrow accau�t �.��
<br />, under the federal Real Estate Se2Uement Procedures Act W 1974 as amended ftom time to time,t 2 U.S.C. �2601 et �
<br /> seq.('RESPA'),uNess another law that appiles to the Funds se4s a lesser amount.If so,Londer may,at any time,coltect �,.,
<br /> - and ho�d Funds in an amount not to exceed the lesser amount.Le�der may estimate the amount af Funds due on the
<br /> basis of cuRent dai�and reasortiabla esttmates of expendRures of future Escrow Items or oihervW.Se In accordance wkh �-
<br />. applicable law. —
<br /> The Funds shall be held tn an insiitutbn whose doposits aro insu�ed by a federal apency,fnsirumentality.or en:iry
<br />' (Induding Lender,'rf Lender ts such an tnstitutbn)or in any Federal Hane loan Bank.l.ender shall apply the Funds to �,~�
<br /> ' pay the Escrow ftems.Lender may not charge Borrower ior hoiding and applying the Fu�ds.annuaUy anafyling the
<br /> escrow accouM,or verifying the Escrow Items,unless Lender pays Borrower irderest on the Funds and appitcable!aw
<br /> � perrn�s Lender to make such a charge.However,Lender may require BoROwer to pay a one-time charge fo�an =
<br /> In�ependem real esiate tax reporti�g service used by Lender fn conr�ectlon with thls loan,uNess appUcabla law ���-
<br /> provfdes otherwtse.Unless an agree+nent ts made or applicable taw requires fMeresi to ba pakt,Lende�shalt not ba ��
<br />.� required to pay Borrower any tnte�esi or eaminfls on the Fwxls.Borsowrer and l.ec�der may agree i�writt(ng, however, _
<br /> that Interest sFtialt Qe pakl on the Funds.Lender sF►all gNe to Borrawer,wittwait ci�arge.an arutual accounting of the �
<br />:� Funds.showing credks and debits to the Furxis and the purpose for wfiich each debic to the Funds was made.The �
<br /> Funds are pledged ss add�lonal sectuity fot all sums secured by this SBCUrUy Irssncttnent. -
<br />'� If the Funds itieid by Lender exceed the amounis permitted to be held by app��cable law.Lende�st�all accou�t to �:`_
<br />.:.,.. Borrower for the excess Funds in accordance with the requirements oF applicabie law.if the amount of the Funds held �
<br /> �- by Lender at any time Is not sufflcier�t to pay the Escraw Items whert dtte.Lender may so noti�►Bortower i n w r k i n g, _=
<br /> ana,!n such case Borro+�er sCraU pay to Lender the amouni necessary 4o make c�a the d�y. Borrawer shaU make
<br /> u�c�de�►cy��o�n�,twen►e�,o�,�r,iy aax�,et�er,ae�s sae�sa�o�. _
<br />: �=. tt;�or�paymeM in full of�l'svms secured by this Security lnsiniment.Lenaer sttiall promFdy refund to�cm�wer any . _--
<br /> :• ( Fwx1s hetd by Leoder.lf.under paragraph 21,Lender sF�all acqutre or sstl the Pr�operty.Lender,p�ior to the acquisttion
<br /> or sale d the Propetty�sitall aPA�Y any Fttrs�s held by Lender at the�ne of ecquisition or sale as a cred�asainst the
<br /> '� sums secured by this security Iruirurr�ent. _
<br />:,� 3.Apptica�o�f ot R�y�a. Unless applicable law provides othe�ise.al!�}a�s recetved by Lender under
<br />,:�,� �.sy7�..�w! ^...."'�..2:.�"'..:���:P».�'.!,e�e�;.���v,.s�,e�,n,�n�,Ma,�,�ne eti w uexiae t!w N�ta•�earmi tn atrx�l uttg nsl�lff{9
<br /> �� under Para9raph 2:thind.t���Gzrest due:towth.to p►iixipal due:arxl la�.to a�y�ais char�es due undar tha Nate. _
<br />',��; 4.C�arQes:�Bsns. Borrowe►shaUpay aU taxes.assessmerus.cEt�ges.flnes and tmposftbns attribtttabte to the __
<br /> Property which may attafn p�ioriry over this Secudty Irutrument,and�easehoid paymerus or ground rents,if any.
<br />��;;� Borrower st�all pay tiiese ot�ig,�sfons in the manner ptovided In Para9raph 2�or Ff not pald In that manner�Bortower sttall -
<br /> �? PgY them on time direcdy to t1�2 person owed paymen�Borrower shaU PrompHy fc�nlsh to Lender aN notioes af
<br /> �}' anuxu�,�ES to be paid andertfYs�raph.lf Barro�we��these payments d�rsctly.Borrower shaY promptfy fumish to _
<br /> _.,,-;. Ler+der recelpts e+ridencirq tf�e PaYmec�ts. �
<br />��;; Borrower sPsa�promptly d!scharge�g K'+en whlch has priority avef this Secur�y Ir�stnunent ur�less Barawer(a)
<br /> ���� ayrees in�to tfie peyment of the o�o�;gation secured by the lfea frt a maru�er acce�dble�p contests ln -
<br />-- good fakh the I�en by,or defends agalnst enforcetne�t of the Ilen Gt;[e3�a1 Prxeedings which 1A b��L�i�optt�lon ---
<br />:�—��-. operate to preverrt the ar�forcement oF the Uen,or(c)secures from t�e hoider of the Tien an agreement sat�ory t0 -
<br /> Lender sul�ord(nati�y the lien to this Sectuity tnstrument.If Lender�m,nes that any part of the���ts subJect to �
<br /> � a lien which rr�ay atta�t ptiority a►er this Securfty InsWmer�t�Lendet may gNe SoROwer a notice the(ien. __
<br />,� BorrGwer sf�all satl.+�`fy the IJen or take one or more of the sctbns sei f+xt3t abave withh 10 days of the of notk�.
<br />� 5.Hasar+d or Prop�etg[nsurancs. Borrower shail keep the improvements now e�ting or hereafter erecxed on the
<br />`� t�n�pertY G�sured asalnst(ass fsy flre,haza�rds tnduded wdthin ttra term'exter�ded coverage`and any other[razarrls, —.
<br /> r� [r�isidin�floods or ftooding,fcx which Lsnder requi�es G.vs;uarx�e.This Insuratx�sha11 be malntalned in tt�.�s�our�ts and
<br />�� for the pe�riods that L.ender requires. The insurance t:�r�ier providing the insurarxx:e shail be chosen by Borrawer subJect --
<br />':� to L.e�d s apptoval which sFtiaU not be tuueasottiabiy v�Neid. (f Borrower faits to matrstain covera described abcve.
<br />:,�� � Lender may.ai Lender's opiion.obtain coverape to Rracect Lerxier's riyhts(n the Property t�a+�with —
<br /> P�9�7•
<br /> -:� � N FA�AILY-FIiMA/FFILMC UpIFORM YiSiAUMEFIT FORY 30?i�/DO =-
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<br /> �SC/CI�WTNE//�7�2/3028�90}L PAGE 2 OF 6 ��_
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