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<br /> � , ��.�!4'�1N�tl�etNl a�i Lle�es�Pte�a7�at Mi Lt�e CM�es.� Barrow�er sbs�t pranP�Y MY*'hen due _
<br /> ' ttiepciacipdd�d'nitenstaatbedebtevideaad6yt6eNoteandtnYP�Y�tindlatechuEesdueundertheNflta , _
<br /> , _ - �. E�f�i��Tszp�llMea�ca Subje�itoipplicabkfawartosnrritteanwAiver!►vLmder,Boirowershallpay
<br /> to Leader oe the day manthly p�yments�re dye tinderthe NotG until the Note is paid i�full,�a sum("Funds)equ�l to .
<br /> ` cne-tMdRb o1c(s)yearly tua snd issasments Mrhich may attsin prioriry uver this Security Instrument;{b)yarty `'
<br /> ° Lp�sehoW pynxnts or�nd ta►ts on the Property. if any; {c) nutX fivard insurancc prrmiams: and!d}yearly .
<br /> matipae inwrmoe pree�iums�if any.Tlx�se items are calkd"rscrow itans."�Lender may stimate the�unds dne an ihc
<br /> �asisofcurrentdua and cr�OnabteadmatesoFtuture�scroW items. . �
<br /> - 't'he Fands stt�ll be hetd ia an institutioR thcdepositaor aeeouats af wl�isb are isuum!or guaranteed by a fcdGnl as _ _
<br /> stste a�eacy Cu�udi�e Lender if Ier�kr ic.anch an institudon).L�du shatl apply.the Funds to pay the acrow itmes. ,
<br /> L�der msy not ch�tr�for holdina aad sppiying the Funds�aaalyting ihe�ccount or veritying the acrow items,uafess �
<br /> _ Leades piys Horro�►rer interest on the Funds and applicabk taw�permits I.ender to malce such a chasge.Borrowtr�nd •
<br /> IRr�kr msy saree in�rritins that inter+est s6�11 be paid on tbe Fnnds.Unkss an sgreement is ma�k os applicabfe!aw
<br />_ — neqpira interest to 6e paid,Lender al�aU riot tie raquired ta pay Horrower any intensi or tamings on the Funds.l.aider c
<br /> - . abaH aive to BorroMer.�vithout charae.sn aaausl accawtu►�of tLe Fw�ds sbo�iag credits�nd debits to the Funds and the
<br /> purpost for which ach debit to the Funds�s made.Tbe Funds are pledgod as additianal sxurity for tlte sums secured by ,
<br /> _ . • thisSecurityInstro�nait. : � .
<br />�:;� If tbe amount of the Fw�ds hdd bY La�de�.toadher�vith the futuse manthly PaYmrnts of Funds paya6k pcior to
<br />-= - , !he dne d�tes oE�de escrow item3.s6aU eace�d the amoQat roqaized to p�y the FsccroM items whrn due.the excess si�s11 b�.
<br /> = � �t Borrrn�rer•s option,eitha promptty repiid to Borrrnra or crodited to Borrawa on monthly paymenu oP Funds.If the - —_
<br />";� amount of tLe Fwids held by�mder is not sufl'icirnt to psy the escrow items�v1�a►due.BorroNa shall pay to I.ende��ny --
<br /> anwunt necessary to makeup thede6ciaxy inoaeoriaorcpayma►ts uroquirodby Lendu- _-_
<br />_- - UP�P�Y�t ia fi�ll of aU saa�s sxuted by ihis Socudty Insttumdtt,Laider slull promptiy rdund to Borrowet =-
<br />-,'..� wy Fuods beld by Lender.If nnder pua�rap6 l9 the Fro�xrty is sold or scquired by Iander..l.aida st�all apply,ao utu � __'---
<br /> . thsn immedi�udY psior to the sak of the Property or its acquisition by I�ender,any Funds tuld by Lender at the time oP --- -
<br /> apptiation as�crodit apinst tLe sums se�cured by tlusSa:uriry Iastr�mae� ' _
<br /> 3. M�liatisa et Parau�t�. Unksi appticabk law provides otlkr�vi�all psymmts rareivcd by 1 eader under -_
<br /> puagap6s 1 and 2 shell be applied:first,to lste cl�srga due undertlse Not�se�ond.to prepaynxnt charges due underthe ��-.
<br /> �- NMG third.to ambwUS piy�ble underpsagrapb Z;fourth,to intenest dt�and last,to priac�pal dua _
<br /> _ ._._ � �I3a�s.' Bor�ower stall pay all taze4.asussments.char8es,Bna and impositions att:ibatable to the � ; _ _ �:'°,�
<br /> • 'r Pmperty whicb may att�in priority over this Secarity Instrument,and leasehold paymeats or graund rents,if any. •
<br /> � � Boamurr sha11 pay ihese obfigatioas iri ti�e manner provided in P�S�Ph 2�or if�ot paid ia that manner,Borrower shall �:f,-:';`:;-:: :�,
<br /> •�,.;�•r.. pay them on time direct[y to the person owed payment Borrawer shall promptIy fumish w I.a�der all notices of amounts -� � -' _,�:..
<br /> _ :� ., , to b e ps i d a n s ier t his paragraP h.I f B anower m a 3 c e s t L e s e p a y m e a u d i r e c t l y.B o r r o w e r s h a l l p m m p t l y f u m i s h t u L.e n d e r � `:. ,�.�
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<br /> raeiptsevidencingthePaY�� � a�r:.,:
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<br /> � � Borrower si�ail mm tl disc e an lim wlucb has riorit over this Security Instrument untess Borrower:($) - y= =z''�
<br /> � P P Y �8 Y P Y _ � c�t�.:
<br /> �_ sgees in writing to th�payment of the o6ligatian secured by the lien in a mannu acceptable to Lender.(b)coatau in gaod .:,.,� �„, ��
<br /> �., faith the lirn by,or defeads Against eaforamrnt of the lien in,Ieaa!procood'mgs which in the i.ender s opiaion opecate to � :�r:._.�;,s: ����
<br /> � ��-��� ::�•; p y part pf the Property;or{c)secures from the holder of the'tien an .��" �-
<br /> ,.,.; � revmt the rnforcemrnt oPthe liea or forfeiture of an , -.,,-,.. .
<br />,, '�: "L :.,;,� � agrameat satisfictory to Lender subordinating the Grn to this Socurity Ynstrumea�If Lender detem�ines that any pact of ' - �
<br /> r�„d+�; =� �� ��• .•- , the Property is subjoct to a lirn ahich may attain riori over this Securit Instrument.Lender may gi e Barrower a
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<br /> ^"t?t�''��*�`��.�� naqce idcntifying the uen.Bonower shall satisfy th ua�or take one or mme of the aMions xt fortb above within 10 days � ''��. ., ��
<br /> ��C�-� of tbe giving of noticx. �'"`���
<br /> _�� �;:-f,r .. '���:
<br /> - _ ; _g� ' S. Ha�ar�Iasnrmce. Borrower shall kap the improvements naw eaisting or hereaitec erected on the Property ��,._
<br /> - insura!against loss by fire.hazards incE.�ded within the term"eatended coveragd'and any other hazards for which I.eader , , -� -.
<br /> � roquires insarance.This insurance shatl he maintained in the amonnu and for the periods that I.ender requires.The _ _
<br /> �'r � insunuue carrier providing the insuraz�ce sha11 be s�osen by Horrawer subject to Lender's approval which shall not be � •� --
<br /> ,,.�;a a�Areasonablywithheld. 3.' . . `•=--
<br /> ` � Al)insurance hc�es and renewals shatl be acceptable to Lender and shall include a standard ma�cgage clausr. ` � ='�=�'
<br /> -.".=-�FF=.�:r`�- :� : � PO' ' �'i:` : � �:�:i.`=.
<br /> :�!s'•: • :'�;_� Lender shall have the right to hotd the poticies and rmewals.If I.eRder requires,Sorrowet shall promptty give to l.ender F • ' : �.'�r��;��-z_
<br /> , �.T » 'J . � 1.��.:.\.��_:
<br /> .all rocdpts of paid premiums and renewal notices.In the event of toss,Borrower shall give proinpt notice to the insuranoe , �,.1*�E`=�"=.=
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<br /> ' ;�„� � , �trrier and Lender.Lender may m�ke praof oilass if not made promptly by Borrower. i; � -_____
<br /> , Unless Lender and Borrower otherwise agoe in writing,insurance proceeds shgll be applicd to restocasion or repair � -°='=�=�'
<br /> �. �s of the PropMy damaged,if the restoration or repaar is econom�cally feasible and Lender's security is not drssened. If the ' ':�'��°��s=_
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<br /> ' restoration or repair is not oconomically feasible os Lender's security would be tasened,the insurance proceeds shaU be � . :.. ..+,••
<br /> ;t��,��, applied to the sums secured by this Securify Instrummt,whelher or not then due,with any eacess paid to Borrower.Tf , .
<br /> ' : . " • •_•�3:�,,�+�,•,� ,. BortoMer abaadons the Property,or does atot answer within 30 days a notice from Lender that the insurance carrier has •. ' f
<br /> �°' ���-�`-�j� ��.': . oRered to settte a claim,then Lender may collect the insurance proceeds.Lender may use the proceeds to repair or restore i _
<br /> .�O..i'l.� 'S�-..
<br /> ;..,;- , . the Property or to p�y sums secured by this Security Instrumem,whether or not than due.The 34day period will begin i: .
<br /> . • ahrn the notice is given. ,
<br /> _ - -- .- Unless Lender and Borrower otherwise agree in writin8,�Y aPPlication of proceeds to princlpal shall not estend or i� -.--- -
<br /> ' %`5' •� `� '� postpone the due date of the monthly paymenls referred to in p�ra3raphs 1 and 2 or change the amount�of the payments.If� � �
<br /> ��z�-'...,::.;.. _
<br /> , ,. ,,, under p�sgraph 19 the Property is acquired by Lender.Borro�er's right to any insurance policles and procecds resulting
<br /> ' ' from damiage to the Property prior to the acquisitimxe sha11 pass ta Lender to the eactent of the sums secured by this Secudty . , •• �
<br /> "� � �' Instrummt immediateby�rior to the acqulsitian. � .
<br /> ' � ��'' ��� � 6. Preeerratiaa aed Mtletee�ce ot Prolerty;l.eaaehold�. Borrower sha11 not destroy.damage or substantialiy � .
<br /> ��"°��:'� ' changs the Property,allow the Propc�ny to deteriorate or cnmmit waste.1P this Security lnsirument is on a leasehold. i � �
<br /> �`'����`�� Borrower shall wmpfy with the provisia�s oPthe lrasc,and lf Bc�rrower acquires fee Iit1e to the Property.the leasehotd and ; ' •
<br /> �.,
<br /> � � ' •'"'` � � � ta title ahal)not merge untess Lender agrees to the marger in writing. � � . .
<br /> Z ProtecNoe ot Lende�e Rig6b in the Properly;Murtgage In�unnce. lf Bonawer fails to perfomn the '
<br /> ' - �.,,�� covmants and agreements contained in this Security lnstrument.or fhete iy a tegal proceeding that may signiReanily a9'ect ;
<br /> • Lender's rights ln the Properly(such as a praceed9ng in banktuptcy.probate,Par condemnation or to enforce la�►�s or i
<br /> • .-'°r::�� ° i+egulstion�),ehrn Lender may do flad pay for whatever is necessary to pralect the value of the Yroperty and Lender's rights � '
<br /> ' ._ _ _ in the Property.l.ender's acuons may include paying any.sums secured.by a lien which has priority aver this Security } _ _
<br /> � . " � � Instrument,appearing in court.paying reasonable attorneys'fees and entering on the Property to make repairs.Atthough .
<br /> . � , Lendermaytakeaotionunderthisparagraph7,Lertderdoesnothavrtndoso. ,
<br /> •• � My amounts disbursed by Lender under this paragraph 7 shatl become additiona)debt of Rorrower secured.by this � ;, .
<br /> . ' Secudty Instrument.Unless Borrower and Leader agrce to other terms of payment.these amounts shall bear interest frnm •
<br /> ' • ' the dste of'disbursement at the Note rate and shall be payable. with interest. upon notice from Lender to 8orrawet ; ,
<br /> • " . , re9uesting payment. � • .
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