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<br /> ' �„'. ° ° � , . � TOOETFIER WdTli �th�Improv«mnb now a hrMfl� K�oMd on Ih� {xeP�tY��nd dl��Mn�nl�.appuA�nane�s.�nd --
<br /> ; '. . . " Mluns now a h�lbr�pNt o11h�ptop«ty. N npltanNnb md�ddMbm�h�M rtao W aonrW by tM�8�awNy M�pumint.
<br /> d All ol th�la�pohp a�NKnd lo In Ihl�d�ourNy In�trum�nt n th�'�op«ty.•
<br /> .�•�.�.� .. ^ BOppOWER COVENANTS thd Baroww w wwNNy�N��d ol lh� �+I�t�hw�t►Y annvy�d �nd h�� Ih�rlphl lo pr�nt�nd �
<br /> . . �"�i aonry Ih�Prop�ty�nd Ih�t Ih�Prop�Ay N un�nwnibw�d� ac�pl fa ��ncM ol aaord. Burrow�r wamnl�md
<br /> ,.,;.,�, v,�.� 6 wll dM�nd p�n�rv►►Ih�tftN to th�Prop�Ay�p�kut�II dWn�and dwn�nd�, �ubNat to my�nau�ranaN ol noor4. �;.��rz...!
<br /> � r►i�s �auRm �NSrnu�Nr oo�w,N unNorm aovrnanls la mlbnal u�� �nd nan•unqatn oorw�nl� wNh ---
<br /> • ' MMN�d v��llon�by�url�diallo�to oonstNuto�unNonn��ourfy Imteummt oov�rkip rMl prop�Ay
<br /> UNIfORM COYEPfANTB. Borrow�►u�d L�nd�►aov�n�nt�nd�pn�n followa: �-
<br /> ' �.�:; 1. Pqnront M Prinolpal �nd IM�r�N; Pnp�ytn���nd Ld� Chu���.Bortow�r�hul ptomp►y p�Y wh�n �.s�'--
<br /> __ due th� pdne�pN ol��d Inten�t on th�d�W �vldw�a�d by th� Not��nd �nY P►�WY�t �nd lat� ohupes du� und�►th� � —.�r�- ___
<br /> ,.�".'"r+�.'" Not�.
<br /> ' 2. Funds for Tna� �nd Inwrano�.Sub��ct to�ppNabl�4w a to a wriftm w�iv�►by Lmder, eonow.r.h.r pay
<br /> � ' ' � to L�nd�►on Ih�d�y monthy p�ym�r►ts u�du�uneur th�Note, unlll th� Not�Is pald In tuM,�sum ('Funds')lor: (�) yeufy _
<br /> � Wth�nd�ssatm�nis whlah m�y �ttun pdaNY ov� thli S�ou�ity In�trummt���Ym on th� P►op�rty;(b) Yurty INS�hotd
<br />�r . .. � WYm�nts or yround nnta an Ih� Prop�rty�H�ny� (o)YMr1Y haud or F'roP�rtY In�uranu.prwnlums: (d)Ye�rIY Ilood Inaunuic� E"'�
<br /> ,�.� ,. ^ � premlums�N�nY (�)Y�Y m�9�Ye Inaunna premlum�.N�ny; �nd(Q�ny sums p�yabl�by Borrow�r to Lend�in �dso►dmce
<br /> ,. .
<br /> ; . wah th�provblons o1 puapr�ph B.N Ilw of Ih�payment of mortp�ps In�uranee prNnlum�. Th�e ft�ms �n c�A�d ' saow
<br /> � �+': � It�mi.' 4�ndw m�y� d any tim�� coY�ct�nd hold Funde In an amount not to ac�ad Ihe m�ximum amount�IondK lor• _ __W�-�
<br /> � , ��d�npy nt�ted modqap� lo�n m�y r�quln ta 8a►ower's esarow�oaount und�r the i�daal Rad E�Ute Sdtlam�nt Proa�duns �
<br /> � Aot of 187�e�umnd�d trom Um�to tkn�, 12 U.8,C.�2801 at uq. ('RESPA'), unNss �nothK I�w th�t �ppNe� to iM Funda ,'' --
<br /> 2�'= °�A x;�-�':� s�ts � I�s��►�moun4 If w, L�nd�r m�y, �t�ny flme, coA�al and hold Funda in �n �mount not to sxe�sd the kas�r�mount.
<br /> � . ..?�.`,.'---
<br /> � 1.F"Y'`�"'�'Y'�"'=�`'� I.ender m�y estYnat�the unount ol Funds dus on the basla of aur►w�t dtl��nd ra�on�hts aWnNa of apandltur„ot fiAun
<br /> ` _ . _. :_-�._ .---. Eso►ow HemR er othwwia�in�eeoM�ne�with appY�bl�A�w, :==-'.-._
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<br /> � � Th�funda eh�N a�h�ld In�n InsUludan whose depoaqe u�insured by�fed�nl �yency,Imtrum�nWltY� or entily(Indudinp �•�-°�-•-- - =
<br /> . � _ L�nda,H L�nd�r Ia�uoh �n Mstitutlan)or in�ny F�dsral Homs Lwn B�nk. Lender sh�N�ppy the Fund� to p�y th� Eaaow --�----�-
<br /> °� Itans. Lendw m�y not ah�rps Bortower for hWdinp�nd�ppyN�p tho Fund�,�nnudly m�y:inp 1he eacrow occount, or ve►iyinp ----- -- - --
<br /> � th� Esaow ItMns, unlaa lander pays 8orrow�r Internt on th� Funde �nd �ppYc�ble I�w Permits l.ender to make such a �R --��.
<br /> ,:� :, _.-
<br /> ohaps. HowevK. L�ndsr m�y requlre Borrow�r to p�y� onFtim�ch�rqa/a�n indep�nd�nt rwl wt�ta t�c reporUnp s«vica �;;, ;�,-
<br /> .';•�r...:, ' uaed by Lendx in connecUon wfth this lom, unleas appAc�We aw provWes othxwite, Unleaa �n apraemont is mad� or : .� - �
<br /> ' ��<�j; '•' ,. �ppAc�bl�Nw nqukes intonst to b�pdd Under ahaN not b�r�qulrod to p�y BoROwer any IntKest or a�mk��s on the Funds.
<br /> ''+•;:�,", , Borrow�r md Lend�r may a9ree In w�itlnp, howevar, thwt Interest sh�p be pdd on th� Funds. L�nder eh�U ylva to Borrowe►. v�:
<br /> dr
<br /> � wfihout chnye,�n+umwl�eeountlnp ol the Funde, showkip credna and dabHn to the Funda and the purpoae tor whlah wch r.4� ,-.�•
<br /> red '
<br /> Y16hIN119111. ••.x+i�.=s':��
<br /> '., daWl to ihe Funds w�a m�de, Th�Funds w pbdped�s�ddltlond securlly ta dl auma eecurod by the Secu�ity ��^.:_.:
<br /> ,;;�., If ths Fund� held by L�nde►u�aeed the unounts psnnHlsd to bs held by�pplMable I�w, Lender sh�ll�caount to Bartower :.e,,,�,,,..�
<br /> ,;: ... for the exa�aa Fund� In eccord�nc�wrih tha roqukwnents of�ppYcabte law. If the amount of the Funds held by Lender at�ny r�" _
<br /> ' � •. � Ums la not auqlclent to p�y th�Esuow Iteme whm due, L�nder may so notNy Borrower In wddnp, and. in auoh ease Borrower
<br /> � ` ' ahdl p�y to L�nder the �mount��se�ry to meke up tho ddicl�ncy. Barow�►sh�ll m�ka up the daficiwiay M no mora th�n
<br /> ;"' , '� twNvs manihy paymenb, tl L�ndw'a aole dlecreUon. •`:` '=�
<br /> . . —•-�--_`�� Upon p�ymant in fu� oi aY sums sacuraai Ly ihie SacurJty lnstrumcnt, tender shel! prnmptly ��fund to Borrower any --- ''
<br /> " Funda held by Lender. It, unda p�ragraph 21, Lender sh�N aequire or eell Ihe Properry.Lender, pdor to the acquleNlon or sale (�--- �
<br /> ° of the Propaty,aFup apply�ny Funds Mld by Lander at th� iNn� 01 �cquislGon a sd��s�cradN wpdnet the sum�s�cu�ad ��,�„�,
<br /> . bythla 3ecu�ry Inatrument, �;�^�°*;�, ° •
<br /> ` � 3. ArlpUaatlon of Paym�nts. Unlesa�ppllc�ble Isw provldes otherwiae, a0 paymente rocNved by Lender under
<br /> p�r�praphs 1 �nd 2 sh�U b��ppll�d: �rat,to�ny prepayment ah�rqss du�under the Note; second,to�mounts pay�blo und�r „ ,
<br /> par�ytaph 2;thlyd,to Interosl due;lourth,to principal dus; �nd laat,to rny late chapes du�undK the Note. ••
<br /> " 4. Char��s; U�11�. Borrowe►ah�N pey dl Uxea, �aanementa, aluirqea, bnes�nd Impositlone �ttrlbut�bte to the �?��w•:
<br /> , Rop«ty which nwy atldn prlority over this 3ecwity Matrument, �nd lasehold paymenls a qraund ronb, H �ny. Borrower • . ; .:�n�-
<br /> eh�M pay th�a�obllp�Uons In ths m�nner pravid�d In paraqraph 2, or H not pUd In th�t nwnn�►. Bor►ower shdl p�y ih«n on � . ,�;..�.; .
<br /> , " tima diractly to the penon owed p�ymant. Bortow�r ahNl prompUy twnlah to Le�dK�A nodas of unounts to be pdd under , ` i
<br /> ' this paraqraph.If Borrow�r m�k�s ihos� peym�nta dinetly. Bortow�r sh�ll promptly fiiml�h to L�nd�r rocNpts �vidMicinq r • .�_�-Y-
<br /> . th�p�ymenta, f ,.:�s,-;
<br /> Borrower ah�M promptly dischuye any Ilen whlch haa pdorily orer this 3ecurity InaUument unleea BoROw�r: (�) apees i ,
<br /> M w�itinp to the p�yment ot the obUgaUon nacured by ths qen In a m�nn�r accapt�ble to Lender. (b) contocts in yood faith the f. �.
<br /> Ilen by, or delenda�yahet enforcement ot the Ilen in, leyd proeaedinya which in the Lender'a opinlon oparate to pnvent I ` .:��"'•`"'
<br /> the enforcement of Ihe Ilen; or(o)aeeuroa kom the holder of tho Aen an�greement saqehclory to Lender aubordinadnp the � �`���'
<br /> ' Aen to this Sew�ity Inatrumant. tl Lender dtleimNiea th�t �ny peN ot the PropeHy is sub�ect to a Ilen whlch may atuln pdority . • _�
<br /> over thla 3aaWiy Inatrum�nt, Lend�r m�y 91ve Bonower e noGce Identiiylnq tha Uon. Bortowar ah�{I wtlsty th� Ilw� or Wn F . ' �._.-.,_
<br /> on�or more ol th�actlo�a aet(orlh above wflhin 10 d�ys o11he 9iviny of noUce. _..,�Y
<br /> ' b. Hazud or PropYrty Iniu�AnCY.Borrower ehall keep the Improvemonts now wdslinq or he��eaRer erectM on the � �Ajs�:R:.
<br /> propsrty inaurod �y�inat bas by fke, hu�rda included witMn the term 'extended covereye' �nd�ny othe►hazuda, Indud(n9 �,..i:
<br /> 1loods or Iloadin�,la which Lender requires Inaurance. This Inaurance sh�ll be maint�ined in iho amounla and iar th�p�lods . ,
<br /> that Londer nqukes. The Innurance c�nie► provlding tha insurance ahall be choaen by Bortowe►aubject to lendar'a approval ' - __
<br /> which sha0 not bQ unroason�bty wNhhald. If Bortowar I�IIa to nuinUln coverage desuibed abow, Land�r may. �l L�nder's • � �,".;;.`r='
<br /> optlon,obtain cov�ys to protact Lende►'a righte In the Praperty In�ccordanee wflh puagnph 7. �` �
<br /> " All Ntsuruice policles und renewals ahNl be acceptable to Lender�nd ahell include a atandord morty�ge dause. Under I
<br /> nhvl have the rlyht to hdd ihe poAclea and renewals. If Lender requlrea. Bonower ahaA promptly give to Lender oll reeelpis ol
<br /> pald pnmiums and ronew�l noGces, In the event ol loss. Bortower sh�N yMe prompt notke to tho Insurance carrfa and
<br /> � Unde►. Lender rn�y make prool ol loss H not made promptiy by Bortower.
<br /> Unlesa Lender and 8ortower olhemise agree in wrNing, Insurance proceads shell be applled to restoretlon ar repoi► 01
<br /> �he propwty d�magad, If the restoratlon or repak Is ecanomicalty leasible and Lender'a aecurity is not lessened. H ihe �
<br /> restoratlon or repak Is not economieally ieasible or Lender's aecurily would be lessened, ihe inauranca proceeds ahNl be .
<br /> �ppAed lo the aums aecured by thla Security Inslrument, whether or not then due, with any excess paid to 8ortowK. It
<br /> gpROwa �b�ndona the Pruperly, or does not answw w{thln 30 days a �otice hom Lender ihat the Insurance curfer haa
<br /> j otlerad to aettle � cl�im, then Lender m�y collect the Insurance procoeds. Lender may use tha proceeda to ►epdr or
<br /> restor�the Prope►ty or to pny aums s�curod by thls Seeurity Mstrument, whether or nat then dua. The 30-day perlod wW
<br /> ! bpin when lhe notlee la 9iven.
<br /> Unless Under and 8orrowx otheiwlse agree in writing, any appAcatlon ol proceeds to prinelpal ahall not extend or
<br /> , postpon� th� due dNe of the monthry payme�ts referted to In paragrephs 1 and 2 or chsnye the amount af the
<br />, p�ymenta. If under puayraph 21 lhe Ropeity Is acqulred by Lender. Borrower's right to eny Insurance policlea end praceeds .
<br /> --•- �
<br /> .�-- -..�__ .�.. .►i. c.,....a,.
<br /> _ . . . ... .--'--•- .�...::�2 ...
<br /> � resulUng hom d�mage to tne FfioPerry Pnor[o Ine acquisnion snnn �aa iv �e�iu.� �v ......:::::....� ...._ _"_...�
<br /> Instrum�nt tmmedi�tely prlor to the scqulsition.
<br /> � 6. Occupancy. P�esorvation. Mainto�a�co and Protoctton of tho Proporty; Borrowor's Loan
<br /> � Applieatton; Laasoholds. Borrower sh�ll occupy. estebllsh, and use ihe Property es Bonowa's principal resldence
<br /> � wI1hM slxty d�ys�Rer the execuGon ot lhis Securiry Inshument snd nhall continue to occupy the Property�s Borrower s prineipal
<br /> � residence for d Icast ona year�Rer the date ol ocrupancy.unless Lender otherwlse aqrees M wrfting, which consent ah�ll �ot
<br /> . be unre�son�bly wMhheld,ar unlesa extenuating cucumstances exist which�re beyond Bortowei a eonhd. 8orrower shdl not
<br /> tlydpy, �n�sqa or Nnp�k ihe Roperty, tllow Ihe Roparty to deteriorate, w commN waste on the Property. Bonower shNl be
<br />� � Yt dehlull if�ny forleiture�cUon or proceed6�g. whNher cNY ar crkninal. Is begun th�l in Lender'a good i�Nh�udgment could
<br /> - ►esuR in forleiNro of the PropMy or othervrlae mateMally Nnpair the Yen crc�ted by ihis Secwity Inshument or lender's secu�ity
<br /> kltenst. �
<br /> � F1Jt6.lMl3(10/9t1 Prp�•1 uf S
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<br /> � �,�,ii!N
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