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<br /> � _ _ _ 96 ��,;,,''"�' �
<br /> � Tt?OE?MER WITH �I th�kr�rdva�tt�nts now or h�r�k�r Kxtad on th� pro{�ortY, lu�d aN ers�d�. rPNurtwtanc�s, and
<br /> fectwa now or h�rMriar�put of ths W�wb. Atl nptacMnrit��nd�dcM�w��sh�+i�o G+e w.waki b'r thts 9tCw�+/ineM�m+rH �
<br /> AY a!th�ton9ofn4 M rrfwrocl lo tii lh's wccurtry Intwnxnt Ne tt»'Wo�wity' _
<br /> BOAROWER GOVENANT9 thai Bortov:+r k kwiuwy s�wto.i ot ihv atate heret�y conv�iad and has tM rkiht lo flnnl �nd v--
<br /> conv�y lM Ro}��+ty �nd tMl th• Rrop«ty la uMncurnbx�d. �;uQt for �ncumbr�ncu at hcord. Bortow�r wanxnts �nd wW
<br /> d�i�nd p�nxaNy th�titl�to th�Prop�'tY�Inst atl ctsim��nd d«n�nds.subJ�ct to�ny �ncumbranc�s ot r�cord
<br /> �HIS SECUF(fV INSTRUMENT canbi�a w�1lium cov�nanb lor nutional ua and non•wdlomi cov�nts wNh limii�d _
<br /> va+i�ilon!hy juAsdlctlw�to constiiut�� wdlomi:�ru►itY Instrum�t covainp Iw�f prop�rtY• �
<br /> UNtFJRi►1 Ca�'EMANTS. �;�+�'�l��vaunt��d��w�s foHow�:
<br /> t. Psymsn4 of Princlpal nnd I�t�n�l: IPr�paYrmont snd Lat° Chaiy�e1s.�t c���•u���Not.�
<br /> dw th�prYidQal o�and Int�rast on th�d�bt wkl�nc�d by th�Nat�and anY Pr�wY� `
<br /> 2. Fueds tor'i'auc�s and tnsuranco.Su��ict to app�icrb�e taw ar ta a w:itten waiver by lmcf�►, Borrowr ohW D+Y
<br /> to L�nda on the day monthN P�Y�ts�re du�undw tha Not�, u�til the Not�b paid In tufl.� s�un CFund+') tar. (��
<br /> Saucos and �sssssmYnts whkh msy ottain p�i o r i i l l ovsr this 5�curitY GisLumant ac a ticrt or► the ProP�1Y� lb� � {nwrance
<br /> WY�^� �x flround ronts on the Proputy, a wny, (01 Y��7f hu�ud a propwtY Insuranca pr�mluma� (d) Y�Y
<br /> prar�Iums.H any: l�)Y�H�S�9e Insurw�u p��rnums, II�nY:and(Q any wms payaWe by Borraw�to Lond�r In accorciancs
<br /> with th� provleloru ot p�r�ynph 6, in fUu ot th� p��� a �4y� ��� ���. Th�� �� u� �°d 'Esc.�ow
<br /> Itans.' Londir rt►�y. at any tkne. callxt and hold Funda in �n airwunt not to axce�d the maxlmum amoun: a la�der for a
<br /> tadqa4y rdated mort9aye lo�n m�Y ��e �a B�owei s escrow account unde�• t�e tederal R�a! Estate Sottle+nant Proc�dures Y
<br /> Act ot 1974 as Rnwnded trcxn tkne to time. 12 U.S.C. �2601 et saq. ('RESF'A'l. unbss analher law that app0es to !he Funtis
<br /> sats a {�sK arnounl• tl so.Lendw mny, at any tinw. codeci and hakl Funds in an amount not So excoad the les�o��s
<br /> Londar may�sWnrte th�amount ot Funds dua on the basfs ot curttnt daL and re�sanabls esmnetes ot expendiWc
<br /> Escrow Itam�os othawlse in accordance with appBcaWa taw. Insuumwrtaliry� or ontity(incJuding
<br /> The Funds shW bQ AOtd In an insti'Wtian whose deposits are insured hy a federd a9en.ry,
<br /> Lendw. � L�ndar Is such an i�xtitutlon)or in any F�daal Home Loan Banh. Lendar shaY aPP he esaow atccount.tw E�4
<br /> ItMSS. Lendr r►►�y not chuge Bortowar(o+ holdln� And apptying ihe Fu�da.++nnuaAY ana��+9��s lendar to mak� wcA a
<br /> the Escrow ftems. untese �ander PaYs Borrowa fnterest on the Funds �uid applicabb
<br /> chuge. However. Under may requin Bon'ower to pay p onttima charye for an independ�nt res! ostate tax ��po��� or
<br /> used by LendK h con�e�Uon w�A tAls 1oa�, untass appllcabte law Provldes othwwtce. Untass an a4rNn+an �e Funds.
<br /> �iycable law roqukss ini�at to b� pUd. {.endor sh�ll nW be requk�d to p�y Bortower any Inbrost or sort�tnrys
<br /> E3ortowr and L�r►d�r rnay a9ret In wridny, howavar. that IntK�st shaN be paid on tha Funda. Lander shst �1u which each
<br /> without ct�ar9�. an ww�al ac,^.ounSin9 ot the Funds, showlnfl rx�dits and debits:o t�e Funda+�nd the purFas�o k�strument.
<br /> d�iid to the Funde was mada The Funds ar�plad9ed�s�ddiUonal seW^�Y tor ap wms s�au�d�h����► t to Harox«
<br /> H ttu Funds Mtd Cy Lender �xc.�ed th�a�nounts p�rrrrtted to bs heid bY y�pYcabN
<br /> �or ths sxc�ss punds h accorcitnce wdh the requkana►ts of aPPlicaDle I+►w. R the artwunt ot tht Funds hMd by land��at�ny
<br /> tim�is not wfEia�nt to�a�r th�Escrow ft�ns when du�. La►der rn�Y Barow����P h��a� ��
<br /> shall pay to L�n6er tf�vr caa�oun+ nsc�ssuY to mtke up the daAclenry.
<br /> twdve montNY P+Y��'»�at letadets ads dlsaadort.
<br /> � P�Y��t in tuN ol�tl sw�s aecund by thls S�curiry MsUUrtient. Londer a� p�a"�»"�r¢tund to '3s,�rawer�ny �unda
<br /> held by Lanaler. B.under para�S�aPh 21, lendw ahaY acquire or saY the Propwty. LandK. Fric�r,a tlti.acquisitiaa or saie�tM
<br /> prop�rty, shal appty anY Funds heid by LandK at th�tin'N ot�C�sltia� o►sals is a s►�'it a�s�nst tho siuts seouted bY U�
<br /> ����t aw oti�eraios� w WYm�nts rac�iv�d tr� lander undw
<br /> �. Applicalloe� at iyrym�nts. w,tas .va�� � P'O�.urx7wr the Noce: second,ta amours�s a+v� under
<br /> par�qraphs 1 �nd 2 s,A�i be aPDlwd: frs�to�ny P��WN� �s
<br /> p�ray�sph 2:thkd,to htxeat due:fourth. to princlpal due:�nd i�st,to�ny I�ta c3�arg�s du�undr the NoU.
<br /> 4. Chi�+ L�s- Barowr stull wY a1 taxes. assassn+ents, ch�r�pes. lhes and YnposNfo�s at�N to the
<br /> .__ ..._ . . ��y��� ��y�� _..• J��.��wV�1 �" p��,.,..��
<br /> ...�'Q��Rfllfa� �x � M^�`^7 ��t��• ��1fLiQ��IRt1�rt�{M MMM�'r7��'"'�' �f lNIMf�_�1{�.��V. Rw1V�� . ,.
<br /> WY�e� �' ttu muxtier provided h par�yrt�ph 2. or ii not psid in ltwt n�x. Ba-rawu aha! gay tMm on tieii--
<br /> �r�C!!y to tM prswrr•ow�l paym�nt Bortbww shall promPllY tumish to Lend�c•aq nodcas of amow�ts to b�p�ld undar thb
<br /> pnayrs{�A. M Botrcv�mr m�kss Uuse paYm�nts dir�ctly. Bortowx s1►�11 Pron+WN tiurdsh to l�ndK rac'.�iPts �vid�ncinp th�
<br /> PiY���• InsUurr�ni unl�ss Boaow�r: (a) �yrMS h
<br /> Barow�r sh�N promptN dischar9e a^Y lian whkh has prbriry over this S�audy
<br /> wridng!o tha payrr►snt o1 the obY9�Uon aecund by the lion in a rt,anner acc�ptable to L�nd�r. N) contests In good failt+the
<br /> Y�n by, a defr►ds �3�nst antorcema�t of tM lian ln, Ngal P►x�adin9s whicti in tha Lendee's opinlort o�ate to pr�v�s!^J�e
<br /> mioro«nmt of th�Y�rrt: or(c) sacures irom the holder o1 the Yen an a9rwt►�'.�satafacto+Y to Lw�d�t s�ic�tin0 tiu�
<br /> this S�cwi�l k►sUun+�� l!Le�d�r dd�min�s that any part of tM PropertY is sc�!ect to a Yen whbh may atAr�n D►��Y
<br /> S�q�fty�t, Lrndr may gtw Borrower a notke id�ntiyinq th�lir�.��r.r si,ar s+r'scy sn.w�o�±��c:.on.a n�e of
<br /> tM actlons s�t torth�bove witttirr t�drys ot ths yivins ot notic�. ���or h�rrtt�rrect�d on th�
<br /> 5. Hasard or Pro�t� �eauranc�. Borroww sh�r k..p the htip�.w�u
<br /> prq�ty insund�irrat"bss by i'n,haz+nk Indud�d within tM twm •�eded covKaps' and �r►y othr hwrds, ic�Cudiny
<br /> Aoods or tbodn9.fac�1xh L�ndet re4ulns insunncr. This insurance shai Dt e+wdntalned in tht acna��q and tor th�pu+ods
<br /> U►ti L�xi�r requir� �"'�insunnce urtiar Provi�ir►0 th�insivanc�sha�b�cri�c�x� by 8orrowet wb}sd to L�ndet's approva�
<br /> which shM twt b� vnreason�t�t wkhl►eld q Bortoww fa�s to m�k�tak� covaa�e d�ed rbov�, �u�d�r may.at I.�id�r�s
<br /> . eptin�, elkaki covKaye to prot�cT L'endK's riyhts in ths PropMy in accord�na wRh p�ramaFtt 7.
<br /> ,NC hsurar�o� Pdk'.iec and nnaMals shal b� acaptabia to lentler and shar includa s r�andard matyf� d�t�s�- iuytri�er
<br /> ahaY have th�right W hold ihe poGcles �nd renswafx. M Lendr nqukes. Borrawer shaY praiiptl!/91w to LondK aN ncdpis d
<br /> . P�P��S ar�f:r.eiew�l notices. In the event oi bss.Bortow�r sha�¢va per�pt notia to the hwrance c�rtir�nd t.enci�r-
<br /> �d��yy tr�ks proW ot bss d not m�de promptly bY Barav�r.
<br /> . • tlnlesa Lendx and Barower othxwka aqree fn wridn9. Insurance pmc�sds shaM be app�ed to rastoraUon or rap�lr of ths
<br /> pn,perty d�rw�,�d. if the rssioration u reQair Is ec:o�o+r�calY teasfble and Lendar's seauity Is rwt bssen�d.•H the rostoratlon ar
<br /> ' rapair is not ecan�rt�icdfy feasiWe w LendK's sec�wiry wouW be lessened.tlw+inwronce P�r.r�a�ds s1wY b��PP�to tf�sums
<br /> a�cund by tF�is SecwilY InsLtxnent,wh�thK or not than dut. wlh any axcas p�id to �atrt+w�►. If Boaow�t abrsdoas t!w
<br /> Proprty� ot do� not�nsww witlwn 30 days a natic�trom Lendr that tM in�uanca cartir has otand to sM1So a cNin, ttNn
<br /> Und�t rn�y coY�ct tM M�turanca Procaads. Lenda rmy uss th� procs�ds ta reQat or rsstoro th� ProMrty or to p1►y sums
<br /> a�c�s+y!d DY it�W�'�5t lnstnzs�mG whether or not than dwe. The SQ-dny period v+iM be9in wMn th�notic�is qN�n.
<br /> I;lr.iess Lsndar and Bort�owor otharwise agree t� writinff. �Y ��"��''�'�2 or change �mount th�payrna�ts. q
<br /> poataona ths due d�ts af the mon1N1+ PaYments rMwrW to in p�agraphs and(xocMds nsul�nQ iran
<br /> und�r Prapraph 21 the PropatY is a�uir+d bY �a^d�►� B°rt'°tiuK�s^9ht to any insurar►Ce Polkies
<br /> d�npge to 1tu PrapMty Prbr to tho �►cq�s�On z1'�II Psss to Lender W the axtent o1 th� sums by it�is SecwitY Insln�n�nt
<br /> i��atay Prior to th�acqu�ion•
<br /> 6. Occ , Pns�rvation, �1si��anc� and Probction of tlw Proprrty: Boncyw�r's Loan
<br /> - � �AifYj-II�iY`i�Oin�GYia ui�w v:S.Yip�.�f!. CnA u��11W PfOD�I�if BOiTOWrf�f ��W�� .
<br /> ��the �x�cution ot thls Secwiry Instruma» �r►d shafl coatinus to occupy the PropMty as BoROw�►'s pdncip�f
<br /> nsi�anca tor �1 Isast one ywr after the date of occupanaY•unless lendar otherrvise�yteao in wtMlr►q. which cons�nt shNi not .
<br /> be wu�sanaWY wilhheld,or unfsss exi�nuating ciramstancas eaist whlch v�t+�yond Bortower s control. Barowr :ha1 not
<br /> destroy. duna96 0+in�palr the Proprty. abw the Propary to det�ioat�,a cawr�it waste on tt►s Proparty. Bortawer shai b�in
<br /> deJault il any toA�iaure aWon or procaodinQ. whother chril or crimirwl� is bspun that in Lenders 4aod faRh iudqn�►t could rosult
<br /> — in tortW+n ef the Roprty or othorvrito mataiallY impair the ien cre�tad bY this Securily fnsUu►nent or Leodw's security interesL
<br /> -- P�pe 2 ot 5 �� �'s:i–�•
<br /> Fi316.Ll�Afi(3/D6�
<br /> — 96110
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