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Home My WebLink About0946 T . lt~{ 1. Hee~v~rR ~haU pea~optl7? prUr wbea due We principal o! aad interat oa ths iadebtednea paovid~d in th~ Nob. aad the principal of and iata~est on any P1~ture Advanoes ~scured ~7?~is~~ll¦Il~e~ . ~ - taapp~asbi~ 1a~r ar t~ a wrritta~ weiverby Lender. Borrower shall p~y to Lendet on the day ' mrl~e tM No~. antil ehe Note u paid in full. a sum (herein "P~nd~'7 equ~l to ops iwi}l~iaf~i phn o~tweltth of yearly pre~nium installmenta fo~ mortgage iaaurance. itanY. ' to tim~by.i~r oa tl~e b~ais ota~se~smeata and bills and reasonable eatimates thereof. '!it d~il~ ae ~oooonb ot wAich are insured or guanu?teed by a Federal or State ageacy ::(iiis~l¦i~ I~e~r ~hall app~j? th~ Pbad~ to pay aaid ts:es, aeae~amenta, uunranae premiuma and ' bo~YiaE aod ap~rin~ t~ I~nd~, aaa~ins uid acoount, or verifying aad oounpilin~ eaid oatd Pbad~ and applicabk law pernnita I.ender to make such a charge. Borrowe~r ~oa oE t~ bfoit~a~e that interat on the FLnda ~hall be paid b Borrower. and unlew - iataert Ou be p~id. I.ender ~haU not be required to psy Borrower any interest or Boee~aw~r. witltort cl~ae~ an annnal aaoounting of the I~nds showing credita and debite to the ' tiathe~ wa~ m+ad~ The ~ are PledBed es additional security for the sums ~ecured by fhia to~Mh~with tbe foto~+~ wonthly inaW Unet?te of Pbnds payabk prior to the due datea of tases, a~ si~il e~oaed t!~ amount required to pay esid tases. assesaments. insuranoe premi~uas bR at Hnro~e'~ optioo. eitber pmmPdY rep~id to Borrowsr or credited to Borroara on oE t~ PS~ndE h~ld bp ieader sheill not be sutficient to pay t~es. asseesmenta. inaurance H~rshall pa~~ ta L~de: any amount aeoeseary to make up the deficisncy within 30 day~ ~ nq~~n~ p~t theseof. Lf t~ialioe~ I.esder s6si1 promptly refund to Bormwer any fnnds held by Lender. If under _ is otbarwi~e acquired by Lender. Lend~ ahall apply. no latez thaa immediately prior i~a~r a~qr i~ held bq Laider $t the time of application as a credit againat We euma secwed ~g*-ti~ii~e 3. Unios ap~iira6i~ ta~r pe+ovids otherwise. all paymente reaeived by Lender under the Note and ~ " L~ad~rfa~t in pspment of amoants payable b Len~ler by Borrower under paragraph 2 hereof. #~n chretntl~r p~aeip~l ~~e Note. and the~ to intereet and principal on any I~tuie Advances. aN:~a~s~mts aad oth~ charges, 6nes aad idnpositiona attributable to the Prop~ty which ~ _ ~ ie...bo~d~ymmssar~ound renia, if any. in the manner provided unde9r paregraph 2 herbof or. if when due. directly to the payee tt~ereoi Borrower ehall prompdy furnish to Lender a~dint6eeveat Horira~rer aha~l make payment directly. Borrower shall prompUy fumish to ' Boao~wrs~sit ~omptty discharge any lien which hae priority over this Mortgage; pmvided, that _ sochlieaso la~a~ Bon~owerahall agree in writing to the payment of the obligation secvred by ~sueb ia ~ood faith aoui~st such lien by, ot defend enforcemeat of auch lien in, legal proc~iinge a~ic~ oEti~li~ or facfeicure of che Property or any part ehereof. - impe~em~~a now eristing or h~after erected on the Property inaured against loea by ' " an~ aneh other ha~rds as Lender may require and in such awounta and for such _ tha~ise~ee~ll nnt reqnire wch mverage amount e:cceding Wc minunum. as may be reqoired by . ~a~ear ' of iiad~r, or that aa~oant of ooverage ieqaired to pay the sums secured by thia Mortgage. a~all be chasen by Borrower subject to appmval by l.ender; provided, that such approval on ins~aace policiee ahall be paid in the manner provided under paragraph 2 hereof or, if mt t~i~we~payment. whes dus. directly to the insurance carrier. shallh~ia fo:m aooeptabk Ln I.ender and shall include a atandard mortgage clauee in f$vor of . _ t~e~htto hoid the policies and reaewala thereof, and Borrower ahaU pmmptly furniah to ~ p~idp~n~ In the eveat of loss, Borrower ahall give prom~ notice to the insurance carrier ; a~d3aier _ _ ' net ma~ jsomptiy by Borrower. ~ ~ ia weiting. inearance prooeeds ahall be applied to restoration or repsir of the Property ~ ' " i,~eooa~a~ally Le~able aad the sec~uity of this Mortgage ia not thereby impaired. If snch ' E~serearity oE this Moetgage woald be impaired, the inanranoe proceeds shall be applied ` - if aa~r, P~ to Has~o.re~. If tbe Propecty ia abandoned by Borrower. or if Borrower faila to ' ' is mailed by I~ader to Borrow~r Wat the insnrance carrier offere to seWe a claim for ~ ss~appiy tbe insuranee prc~eeds at I.ende~s option either b netoration or repair of the € ~ty _~ti"~ t any wch application of pmoeeds to principal shall not e~tend or poetpone the due j ~ da~e ' pm~apl~ 1 and 2 baeof or c6ange the amount of snch inatallments. If under paragraPh 18 : ' tiRi~a~i~erest d Borrower in and to any insurance poUci~ and in and to the proceeds ' ~ -ppa~to tLe a~ ar aoqniQ4oa shall pess to Lendu to the eztent of the sums secured by this ' ~ ~ i _ F~o~et~r; I~o~ds; Condominums; Planned Un~it Developments. Borrower ahall keep ~ ~e ca~tr.~eor p~rmit impairment or deterioration of the Property and aha}l oomply with the ' ~ _ " al~e~oid. If thv llbrtgage is oa a unit in a oondominiwn or a planned anit development, i nnde~ t~e dedaration or covenanta creatingoi governing the oondominium or planaed ~t~i~~t~ ~ _ af tLe omdomininm or planned nnit development, and oonstitnent documente. If a ; omi~ _ ride ia e:eeoted by Boriow~ and reoorded together with this Mortgage. the oovenants and ~ ~ and shall s~nd aad wpplement the rnvenants and agreements of thie Mortgage as if the ~ -7 ' to prefarm tbe oovenants and a~reemeab oontained in thit Mortga~e, ar if sny ~ ~ ar~ieo affiiclsI~o~'s inteee~t in t1u Property. iaduding, bat not limited to, emineat domain, ~ :ti ~01~~ or p~oeed~ invdvin~ a builm~pt or deoedeat, tbea Leadar at I.ende~s option,apon ~ ' d~s sech sams and tske ~h action as is neoe~sary to pmtect Leader'a interest, ` siai~~, _ oEswro~biE atto~r's fes aad entry npon the Property to mate repain. If I.eada ` raqnired ~ ~ tiri~n s~c~ed h: t~ Ma~s~e, Borrowe: shall pay the premiums reqnired to maintein ~ t~eh ' req~ 50~ ~arh in~nranoe t~erminates in aooordanoe with Bormwer's and I.mder's ~ - Ho~m~ra~l ps~r the amo~nt ot aU mortga~e inruranoe preminm~ in the manner provided nnd~s - - ~ ~sg~ taiEpas~vt to t~ p~re~raph witb iaterest the:+eon. shall beoome additioaetl indeMednew of ~ Uai~H~sa a~ I~ a~ee to other term~ oi payment, such amonnts shall be payabk npon ~ - t~a~ aod ahall baor inte~e~t irom the date of disbn»ement at the rate payabk fi om ! ~w P~Y~ ut inteee~t wt wch rate would be oontrary to applicabk law, in which ~ tbe~ r~e p~ble ander applicable law. Nothing oontained in Wis paragraph ahall ~ ~+e3~ies~o ta~ aa~r aetiaa b~nondsr. _ ~ ~ ~ ~ ~ a ~ ao~,c ~9 'r~tG~ 935 . ~ " _ ~ ~ ~ ~ - - - ~ ~ ~ v ~ _ ~ _ - ~.~.~a ~ ~~~~..3