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���. ��� <br /> � __ ... <br /> -� . . , ' r- �� _ <br /> -;--=---T�_T <br /> � w <br /> _.._ _ __ <br /> - - ... ,.�,_. .. _...:. � <br /> _ ... -�•�_•.-_ - ���;�'•r�`,_.. . �. ,;.�,� <br /> --� - - � - .. . t �--�,.,. <br /> o�_ ���i4� <br /> Horrorrera COVENANTS that Borrowera are lawfully sei�ed of the estate <br /> hereby conveyed a►nd has th� righC to grant and convey the Praperty and that <br /> ehr Pro�erty ia unencw��e:ad, except far ericumb�an�ea of racard. aarrowers <br /> rrarrant anrl will defend generally the title to the ProFerty agaxnst al.l <br /> claims and demands, aubject to any encucnbrances of record. <br /> l.l7Ti/G1VI4V1.7. DVLtUWClm O�W uC��4C10 �.uSiGalaaat c'u�lu c=�ra:.�: t:u �vii�w:i: <br /> 1. Payment of Principal and Intereat; Prepayment and Late Charges. <br /> BorrQ�rer� ehall prc�mptly pay when due the principal o£ the debt evidenced <br /> by the Note and any prepayment and late chargea due under the Note. <br /> 2. Funda for Taxes and Insurance. All real estate taaes and <br /> inaurance ehall be paid by Borrowera when due. <br /> 3. Charges; Liene. Borrowers ehall pay all taxes, assesements, <br /> charqes, fines, and impoaitions at�ributable to the Property which may <br /> attain priority over this Security Inatrument, and leasehold payments or <br /> ground rente, if any. Borrowere shall pay these obligatiazs in the manner <br /> provided in paragraph 2, or if not paid in that mai�ner, Borrowers shall pay <br /> tI;A.T. �±*1 *iS.M_ $1=�Ct�l L� t�'1? �r9421 e�d g31�n*_. BerreweYe ah3Z1 r2"!+!1?�t�y <br /> furnish to Lenders all noticea of amounte to be pafd under th�.s paragraph. <br /> If Borrowers make these payments directly, BorroMers shall promptly furnish <br /> to Lenders receipts evidencing the payments. <br /> Borrowera shall promptly discharge any lien which Ylas priority over <br /> thie Security Instrument (excluding any firet deed of truet) unlese <br /> Borrowers: (a? agree i.n writing to the payment nf the obligation eecured by <br /> the lien in a manner acceptable to Lender; (b) contesta in good faith the <br /> lien by, or defend against enforcement of the lien in, leg�l proceedings <br /> which in the Lender�e opinion operate to prevent the enforcement of the lien <br /> or forfeiture of any part of the Property; ox (c)secure f rom the holder of <br /> L� 'IJ � C���.�W� • i�.�� L��JJ�..� �L.. 1 • vL�... <br />- ' �ilC 11G1Z att QytCCUSilL Oa41�La�:�.Vi]� t��.V 11GJ1tiC10 OtiWStfitaRf�.�i� LaaG a'iClt ZV VatiO ' - <br /> Security Inetrument. If Lenders determine that any part of the Property ie <br /> subject to a lien whir.la may attain priority over this Security Inatrument, <br /> Lenders may give Borrowers a notice identifying the lien. Bonowers shall <br /> satisfy the lien or take one or more of the actions set forth above within , <br /> 10 days of the giving of notice. <br /> 4. Hazard ineurance. Borrowere shall keep the improvements now <br /> existing or hereafter erected on �Ize Praperty ineured agafnst losa by fire, <br /> hazards included wi�hi.n the �PZm •extended covexage" asid any other hazards , <br /> for which Lendcrs require ineurance. Thia insuraace shall be maintained in <br />' the amounts and for the periods that Lenders reguires . The insurance <br /> � carrier providing the insurance shall be chosea by Borrowere subject to <br /> Lender�s approval which shall not be unreasonably wi�Y�held. <br /> All insurance policies and renewals shall be acceptable to Lenders and <br /> shall include a etan�lard mortgage clause. Lenders shall Y�ave the right to <br /> . hold the policies and renewals. If Lendera re�uire, Borrowars shall <br /> promptly give to Lenders all receipts of paid premiums aad renewal notices. <br /> In the event of lose, Borrowers shall give prompt not ice to the insurance <br /> carrier and Lenders. Lenders may make proof af loss if not made proinptly <br /> by Borrowera. <br /> Unlesa Lenders and Borrowere otherwise agree in writing, insurance <br /> " proceeds shall be applied to restoration or repair of the Property damaged, <br /> if the restoration or repair is economi.cally feasible and Lender•s security <br /> is not lessened. If the reatoration or repair ia not e conamically feasible <br /> or Lender�a security would be lesaened, the insurance proceeds shall be <br /> applfed to the sums secured by this Security I:ietrument, whether or r.ot then <br /> due, with any excess paid to Borrowers. If Borrowers abandon the Property, <br /> � or do not anewer within 30 days a notice from Lenders tYiat the insurance <br /> carrier has offered to settle a claim, then Lenders may collect the <br /> � <br />