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<br /> . . „ 92-1�2296 �._.�..:.�---
<br /> UNIi'�1RMCt1VF.NANTti BorrowerundL.endcrcovenontundugrcratiG►Ilaws: �f��
<br /> 1. Payment o(Principsd ond lnteresh Prepayment ond I.�te Charges. li��rrower tihull pr��mpNy puq whcn duc
<br /> �-w�
<br /> .� , the principal of and interest on�he debt evidenced by the Noteand uny prepAymcnl und lutc churgeti duc uodcr the Nrne. ���=-
<br /> 2. �unds for Tpxes and An�urance. Subject to applicablc luw or to a wriuen waivcr hy I.endrr,Hc�rrower,hull pay
<br /> ' ° to I.ender on thc duy mon�hly puymcnts ure due under the Noie,until Ihe Noie is p�id in full, ai rum 1"f�undti">cquul u�
<br /> one-twelfth of: (ul yes►rly tuxcti and asuKxmentti whirh may uttain priorit�• aver thi� Sccuri�y Intitrumrn�: (h1 ycurly `;�M,^
<br /> ; leaeehold pnyments or graund renls on the Properry. if any; (c) yeurly hur.urd imurunce prcmiumti; und (d) y��r�Y �.
<br /> •� mortguge insurance premiums,if'nny.Thc�e items are culled"eticrow itrm.."Lender may estimatc the Fundti duc�n the
<br /> - basis aPcurrent duta nnd reasonnblc estimu��h uf future e,crow iicm�. �;;..�:- � -°�- ---
<br /> � � The Funds shall be held in an institution the depasi�s or accounts of which ure in�ured or guuruntecd by u fcderal or
<br /> stute ogency(including Lender if Lender iti such an institutan). I.coder shull s�pply �he Fundti to pay the��cruw itcros. _.�
<br />° Lender mAy not charge for holding and opplying the Funds,analyzing the uccc�unt or verifying thr eticrow itemti, unl�wti �'''''s:'>�'=_ -
<br /> �_�t��>`'�-.V�:.,_s�Y-�._____"—'
<br /> I.ender pays Harrawer interegt on the Funds and applicable law permits I.ender ti�make surh a chargc. Horrowcr and s•�:•.Vt;�;,,�y_ ---
<br /> • Lender may agree ia writing thal interest shall be paid on the Funds. Unless un agreemenl i.r mude or upplicablr law �.�;;,;.;���:�•
<br /> �',; ' •,. ;. .:•:��lw -.;,__.
<br /> :������;�. requires imerest to be paid,Lender shal)nat lx required tc�pny Borrow�r c+ny in�erest or�arnings on the Funds.Lender _ _ �_
<br /> ' � � shall give to Harrower,without charge,an Annuul uccountingof the Funds+howing credit�and dehil��o Ihc Fundy und thc �":�__..�.,_�.�_-
<br /> � �, purpose for which euch debit to the Funds w�s made.The Fuodti ure pledged ati addi�ional security for the sum.r secured by ____ �
<br /> this Security Instrumem. �'•._ _
<br /> If the umount of�he Funds held by Lender.together with the future mnnthly pnyment.of Funds puyubtc prior to �,�,�_
<br /> �' the due dale�of the r.rcmw items,sholl excecd thc pmounl requireJ to puy the c.wcrnw i�ems when dur,the cxccws zhal!bc,
<br /> a�Bormwer'z optian,cither promp�ly repuid ta Bormwer��r crrdited to B��rruwer nn munthly paymcntti�+P Fun�l.. If t hc •,�•._:__ ��
<br /> R,_,...
<br /> amoun�uf thc T'undti held My Lendcr is n�►��uflicien��n puy the crcn�w itemc whcn duc.8+►rruwcr tihull pay�n l.cndcr uny ..�:�`
<br /> umount ncr�wsary lo muke up the Jellcicncy in ane i�r morc�aymenl+u�reyuired hy I.rnder. � � __�=�._.
<br /> U�xm puymen�in full of ul)�um�+crur�Kl by Ihi�S�curity In+�rumcnt, I.cnJcr�hull pn►mp�ly rrfunJ�a I��rrnwcr � ;.�=_r�-
<br /> uny Fundti hrld My Lendrr.If undcr purugruph ly�hc I'm�+crly i�W��d ar acyuircd by LcnJrr,l.cndrr+hull upply,nu lut�r � _ �,
<br /> �hu�immcdiu�cly pru►r ta thr+ule af ihr Pruperly nr ilti a4qui+iti�m hy Lrndcr,any I�und+heW My l.cndcr ul�hc t�me i�f -�._.-
<br /> uppliculi�►n ur u credit uguinxt thc,umx.�tiurcd by Ihi�Securily Inslrument. '
<br /> 3. Appllcwtion of Nnyments. Unl��c+upplicuble luw pmvides atherwisc,ull puyment�rc�rivcd by Lcndcr undcr �i,
<br /> • parngraphx I und 2 shull bc npplied:flrxt,ti�lutc churges due undcr the Note;.rcrond,���prrpuymen�charges duc under thc � 6�.��
<br /> Note;third,�o umnumh payuble under puragruph 2:four�h, to interr+�due;and lust,tc►princ�pul due. � ';'---.- _
<br /> 4. Chnrges;L.fens. l�orrower tihull pay ull�axes, assessments,churge�,Hnc�und im�x►sitions uttributable io the i
<br /> �_
<br /> Property which mny u�tain pnnriry o�•er thiti Security Instrument, and leutiehold puymentti ��r ground rents, if nny. !�,{�.,,
<br /> Barrower shall pay these obligu�ions in�hc munner Fxovided in parAgraph 2,or if not pAid in�hat manner,Borrower shall r,,,,�,' �
<br /> �_.
<br /> pay them on time direcdy ta Ihc person owed paymnnt.Borrower shall promptly furnish to Lrnder ull notic�w of amounts :,,�'��--�
<br /> � -- - to be paid under this puragruph.if&n�uwei makes thcsc payments directly,Hnrr�wer 4hn���+mmptly furnish io Lender � .�,;4� .
<br /> reccipts evidencing the paymenls. � � �
<br /> Barrower shall promptly dischnrge any lien which has priarity ovcr thi�Security Instrument unless 8orrowcr: (ul �
<br /> agrees in writing to the pAyment of the obligntion secured by the lien in a mannrr acceptable to Lender;(b)contests in goad t .
<br /> ' faith the lien by,or defends agains�enforcement oP the lien in,Icgal proceedings which in the Lender's opinion operatr u� �
<br /> � prevent the enforcemen�oP the lien or forfeiture oP uny part oP the Property;or(c)secures from the holder of the licn un '�
<br /> agreement satisPactory to Lender subordinating�he lien to �his Security Instrument.If Lender determines that uny pnrt of
<br /> the Property is subject to u lien which may uttain priority over this Serurity Instrument. Lender may give Borrowcr u �
<br /> notice identifying the lien.Borrower shall satisfy the lien or take one or more of thc nctions set Ponh ntxwe within 10 days
<br /> of the givingoPnotice. .
<br /> S. Hazard Insurance. Borrowcr shall keep the irnprovements now rxisting or hercnfter crectcd un�hc ProFx:ny
<br /> � insured agoinst loss bp flre,hnzards included within the terrn"extended covcrnge"and any other hnaards for which Lender
<br /> requires insurance. This insurancc shall {x main�sined in thc umount� und for thc periods that Lrnder requires. The
<br /> • insurance carrier prrniding Ihe insurunce shnll be chosen by Bnrrower subjec�a� Lender's approval which shall not be
<br /> unreasonnbly withhcld. '
<br /> All insurance�licies nnd renewuls xhull be ucceptable to Lendrr und shull inrlude a stundard mortgage clause.
<br /> , Lender shall have the right to hold the policies and renewals.If Lender requires,Borrowcr shall promptly give ta Lender
<br /> aU receipts of paid premiumc nnd renewnl natices. !n the event of loss,Bormwer shall give prompt notice to�he insurance . ,
<br /> carrier and Lcnder.Lcndcr ma�•make proof oP loss iPnrn made pramptly by dorrawer.
<br /> Unless Lendcr and Borrower otherwise Ugree in writing,insurancc pr�keeds shall lx•rpplied�o restoration or repair
<br /> of the Froperty dumnged,if the rcKtoration or repair ic economically fcasible and Lender's security is not Iessened.IP the •
<br /> restoration or repair is not ecuni�mically fcasible�x l.ender'+securily would br Irssened,the insur•rnce proceeds shall be
<br /> � applied to the sums secured by this Serurity Instrument, whethcr or n��t then due,with any excess p�id to Borrower.If
<br /> ' Barrower abAndnns the Praperty,or does nat untwer wit nin 30 duy+a notice 1'rom Lender�hat the insurance c•rrrier hAs
<br /> oflered to settle a cluim,then Lender muy collecl thc insurance proccrdti. Lcnder may use the proceeds t��repair or re.r•tore
<br /> the Property or lo pay�ums secured by this Security Uist rument,whether ar not then due.The 30•day period will begin
<br /> . when the notice i�given.
<br /> � Unless Lendcr and Bi�rmwer atherwi�e agree in writinF,any��ppliratii�n af rmcerds ta pnmipal+hidl not ex�end ar
<br /> post�►onc the duc dule of thc mnnthly p:�ymcnt+rcferrcd t��in p�ruFraphti I and 2��r�hange the amount of the paymentti.If
<br /> under paragraph 19 the Pro{xriy is acyuir��i by Lender.Norro��•cr'ti ri�ht t��:►ny insurancr pi�liri�K and priiceeJs resultinF
<br /> from dumugc to Ihe 1'roperty prinr tii the ucquisition.hall pa..tu I.cnder to the extem af the wms serured by thi.Security
<br /> Instrumcnl immcdiatclv pri��r to thc aryuisitiim.
<br /> 6. Prescrvation and�fointenancc of Properly:Leaseholds, lic�rraw rr.hall not dc�t ra�.Jumag�ur�ub�t•rn�ially
<br /> • chungc thc Yrup�rty,aUow thc 1'rapert�• tu detcri��ratr�,r c��mmi1 ��•a.tr. IP Ih�� ticrunt� Itntrumm�t iti�,n u Ica.chulJ.
<br /> Bormwer.hnll c�,mply w•ith the pravisu�nti�,f the Ica�r,and d B��rn,��rr aryuin�tir tulr t��the Pruprrt�•,the Irasehold anJ
<br /> fee tidc�hull nul mrrgc unle��I.rndrr agrrc�lu Ih�mcrgcr m��rninE
<br /> � rnv�•ns�nt��ntlt pffCt1tI1Pt t I end•rinr�n hhu Sr�untPlnptrumrnl„r��t�K r�lnvo I�EaI pru�crdni�Ihut m�y tiigml c�nt1�mITY1
<br /> Lendcr'ti right�m thc 1'r�►prrt)• I�urh u�:� pri�ccrding in hai�kruptr�. pr��hat�.ti�r r�mdcmnahan�,r u�rniarcr iaH•.ur
<br /> regulati�ms),then Lrndcr may J��and pay ti�r whatrvcr�ti ncer..ur� to pratcr� �hc�:iluc��f thr Pruperq�und 1.enJrr'r righ�.
<br /> in thc Property. l.�ndcr'�uctiuns may �nrludc�aymg an)+ums�crurrd hy a lirn��hirh ha, pnnrity�ncr th�� tircunl�•
<br /> Inttrumem,ap�xs+ring in ri�urt.paying rea�unahlr atti�rne}•�f�cs:�nd entennti un the Pruprrty�tu make repair�.Ahhough
<br /> Lendcr muy tukc•rctinn unJrr thix paragraph 7,Lrndrr d��c�n���ha�c to do.��•
<br /> Any um��untsdisbursed by Lcnder under thi�paragraph 7.hall be���mc:iJd�uunal dcM ul'Hi�rraH•.r�rrured h�•thi�
<br /> Security lnstrumcnt.Unless Horrowrr und Lendcr agrec tu��thcr trrim��t'paymcnt,thr�e:imi�unh�hall hcar in�ere�t frnm
<br /> thc datr af di�burscment at thc Note ratc and tihall hr p:+}:�hlc. �citli mirr�+t, iqxm nalirr from LenJcr ti� Harru��cr
<br /> t requesting payment.
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