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. UNIlORM C70VHNAN'i'S. BOtt+OMCf tt1~ Ld1dC~ OOVCQAtIt i0d iafOC iS f0U0N?8:
i. P~ ot Pt~dp~l ~i Ltenst~ !n/q?~t a~ ~sM Clur~a. Borro~ver shall P~~~Y WY when due
the p~i oi~pd iAlarat on tbe debt evWp~oed by the I~ote sad u?y pc~payment and late chuges due uudcr tlx Notc.
2. ~ tor 1i?xa aw Iewn~oe. Subject to appticabk ttM or w a~rrittex~ ~rdver by L~~ Borrower sbslt paY
to Lender oa tba d~y monthly P~ymeat~ are due under the Note, until the Note i~ paid in ft~l1~ a wm (•~Funda") equal to
aae~t~roMtli af: Yarly taxa wd ~ts Mhkh ~tt~ orlty over this Secwity Inatrum~nt; (b) Y~~Y
1aKboid pa~?axna o~ ~raund c~b oa the Praperty. y~lY ha~ard inaurance premiucns; and (d) yarly
~ iiunrsnce ~remiu~s, if say. 'Yliese itaiu are catled "acrow itea~a." I.ender_msy estimate the Funda due on the
bad~ a~'current dsta and ti+aisos~aWe atlmsta of Potw+e acm~v itenu.
1be P'unds ~hsll be luld in an imtitutioa tl~e clepv~its or ~ooouats ~'whkh ue insurod or swnnteed by ~t fbdera! or _
ttate a~a~cy (ii~cl~diaa La~der if LetWer it sneh w lnui~utbrr). Z.a~der ttall aPPiY the Funds to psy tbe acrow itemi. ,
I.a~r msY not alu~rae tot hol~d~ aaa ~pp~iYi~t tha fi~b. awlyzla~ the ~?a~ount or verifyina the escroM ita~, unkss E
I.ea~dsr p~y~ Hoe+o~vet iater+at oa tbe Fuad: ~ad.spplicabk laMr permib La~der to make :ucb a charge. Horrowcr and
~ I~de~ msy ~ree in ~ thst ~terat ~hsU b~-paid ou t~ Fueds. U~lds an sgrowaa~t is mad~ or applicabk law
reqv~ira laterat to be p~id, I.a~det ~li not b~e required to p~y Borrovver u?y interost or e~rninga oa the Funds. Leader .
sha11 ~iva to Bor~+o~vet~ ~thout char~ w~wi sc~ou{~tio,~ O[t~t Fwfds.ahowin6 credi~ ~ad debiit W tbe Funda and the
purpae fat ~rhi~ ach dzbft to tbe Ftiu~d!'ws~ m~ida ~'be P'ai~ ~re pledaed sa additional axwity for tbe iuma secured by
thh Sec~er~ty Imarume~t.
If !b~ emonnt af the FaAd` bdd by t.~nde~. t0/dtl}~et lritb~ t~e Poi~+re mont6lY p~ya~aits of Funds p~ysbie prior to
tbe dt~ data o!'the acroM itqm. ~ull e~coeed t~e amount requiiro~ to pay tbe eacrow itecna whea du~, the exacss ahall be,
at 8onr~s ~pNoa~ eitbt,r proReptl~r:s+ep~id to H~art+o~vet Qr crodited ~o ~r~ower on mo~thl pa~Ymeut~~Qf~ynda. If the
sa~ouat aEtAe:~p!?at hd~b~G 13.aot:~t ~4~~aX ,~tL~ ~ ~,we? Hotro~wer aha~! ps~r to ~e;~dZt any-~ -
up de "
am~oant ~eoai~aty to a~aite~ i~a d~~ciai~y in o~e ar a~e ~ requl~~
I:es~def. ' '
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3. a~ U~ I~~ a pt~ovide~, ath~ryvise~ all payma}ta raxived by, I.eudcr under
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f'~#1s~tba~ ui lite'
~~~d.,4k undet'tlie ~1at~ sccotid,.tQ ~repa!Y-~?~nt cliarga dke u#~d~t the
~ to anaoiu~tt 1~Y~`~W~ P~Pb Z: fo,~irtb: 4o iate~tt
¢u~ and 1asf.~ to Pn~iPu~ d~e:
t' .•.4r Q~ T3~ea~. Borcowes ~aU paY alI fiza. ~`p;~chu6~ 8nes.and impo~tjoa~~attribut~?b~t.to ibe -
P~+opei~ty whic}~ ~iy'attaia 1x~ritY ovet ~ Securtt~i In~tnta~ai~. iu~ l~~old. ta 4r Riou»d ~nat~, if anY• '
Bor~t+o~ver s~t1, py thae oM~~ 1a tha msnnet gra`i+ided ~n pars~aph oi~ if not ~ that m~nnS+t, ~ort4wer ~11
~~~;~Y'~,~ P~? ~ P!~Ym~~ Horraiver ~hiU ~iptly fi~r~h to ~.a~der ~?~l;~otices of amounta
tq be pidd u~lt tljb't patig/tpb: l#`Bo~c~o~ie~ m~lcea th~;~ayan~ats directly, ~o~rower ahsll ~prompt~y. fy.tiusb Lo I.~
tnodPt~ ~videadn8 the P~Yo~nta. _ . _ .
BorroMer shall P~PUY any tie~ ~ihich ha priority over,thia Secwity Idatrument unless Hornoaer: (a)
sgrea ia ~vritiag to the payment of the obli~stion:eeured by tbe lier~ in s manner acoeptable to I.ender; (b) contats in good
fiith tha l,im by. or dd'eada ~gstnat eat'oroanent of the lien in, kgal procadinga which in the Lendet's opinion operate to
preveat the asforama~t of the lia~ or forf'dtun of iny part of the PropertY; or (c) aecurea from tbe boider of tbe lien an .
agreeoseat sntisfectory W I.m~t subordinating the liea to thi: Security Instrument. If Lsader deteraiines that any p~rt of
the Property ia auhjeet to a lie~ w~ich n~y atuia priority oyec thia Socurity Inatcumeni~ Lender may give_Borm~ver a
no~tiLo~e ideati~d ti~e 1ua=~Hotinw~dull ~atit~j? tbe lk~ or taJce one or dwfe of t~~ acti~ns se:t fo`rtb abdv~ withia' l0~ya
~U~Rh~~alVl~i2 . . r(.. w .:V.~".~,{7 _ ~F'_ - i .t~. ~ l•f~ ~ . ; . ...~.)A~= , ~ ~ _ . 'r~~ .
S.. Htsud ~ar~a~. Borm~ra ~6all ko~p the improveu~ents nua existing or hereafter a±ec~1:P_l~:~:~Y
iasured ~p3nat~a bY flre. haurda included wittiin the term "eatended ooverage" snd~anyat6gr haurds for w6ich I.eader
raquira imuranoe. 'Thia insurattoe s6al1 be maintainod~ in the amouata aad for the periods that Lender nquires. Tbe
irouru~oe curier providing the iawr~rxx'hat! be chosen by Horrower aubject Lo Leinder's spproval which ahaU not be
uara~ona~y witbadd. ~ -
' All ~uraeioe policies ,md rau~rals s6sll be aooept$bk to I,ender and ahall include a atandard moctgage clauae. ~
La~der vuli Isave the right to bdd t~ policiea and reaearots. If L'ender requires, Borrower shali promptty sive W L,tader _
' aU reoeipb of ptid prcmiumi and raurval a~tiow. L? the eva?t of ~sa. Borrower ahall give prompt notioe to tha inanrance
carciear an~ I.ender. I.ender Quy make preof'of loa if not msde P~P~~Y bY Borruwer. -
Unkn I.ender aad Hoe~oaer otber~vi~e s
jra ia~ writing, iawranoe pmcads ahall be appliod to reat4n?tion ar cepair
of tl~e Prape,rty damsged, if tbe ra~rstion or repair b eooac~mically feaaibk sad I.ender'a sccarity is not leaseaed. If the
, ratontion or repair a not econo~Uy, taabk o~ L~des'~ ieauity would be leasa~ed~ ths insurancc procads :hall be
sppti~e~id W tt~e wau secured by thia Security L~strumeat, Ml~ethsr or n~ ttien due. with any euceas paid to Horrower. If
Horrawer ~bsndo~u t!~ Pmperty, or doa not ans~ra vvithin 30 days a Aotioe fmm L,~nder that the inaurana c~rrier has
oQaed w kttle a claim. thai I.eader msy oollect t6e iA:urance pro~ecda. L~dar a~uy use the proceeda w repa~ir or reawre
tlse Praperty or w pay ~uma aec~red by thn Seciuity Initrummt, Nhether or not thai due. The 30~day Period wiU begin
~ whea Ebe noRioe a aiveu.
Unk~ I.e~rder and &~rrowa othet~vise agra in ~vriting, aay applicition procads to principai :hat1 not ea~tend. or
~ poapoae the due dste of tbe monthlY P~Y~ts referrod w ia pangrspha 1 and 2dr ehsnge tbe unount af t6e ~ymenta. If
_ uAda pan~r~p619 tbe Property a aoquired by I.eiada. Horrower'a right w any insurance policiss and procxeda resulting
from da~sae to tbt Property priar w tbr soquisitian shaU pa~s to I.ender to the eutent of the aums secured by thia Security
~ In~t im~edisiely.lxio~~g sQ9uisition. . . . .
~ ~ 6. ~t~at u~ 11y~~~oe of Property; I.e~6oW~. `~orrower s~all not deatroy. d~ma~ge or aubatantisUy
' chan,ge the Property, albw the Prop~ty to deteriorate or commit waste. If thia Security~: mrnt is on a Icasehold,
~ faBorr~o~ver ~ooosply ~ provisions ot the lease, and if 8crrr+o~va~ aoquirea fee titk td 'tl~eu~~~roP~rtY, the leasebold aad
shsll merg~e I.c~er agoea w he metger in vvnbng.
~ 7. Pio~ceda~ ot I.esder': Riglts te tl~ Pro~at~, Mort~e Ie:nranoe. If Borrower fiita to perform the ~
oavawe~
aad ~taa~nts eoAta~ned in this S~curity Instr~wneAt, or there i~ e legal Proceoding th~t may iignificcantly a~ect
~ La~der's rishts m the Pmpa~ty~.(~ ~a s prooadin~ in bsakni~icy. 'P*obste. f~ conc}arinAt~on .or to enfon~t laas ~or
~ re~ulations~, then Lender a~y do and p~y for Mhatevee ia necaatcy to proto~t;the value of tbe ProPertY and right~
~ in the Pmperty. Lrnder's sctioni msy include Pal'in8 any :uaus aecurad by a lien wh~ch haa prioiity ovcr this'5xurity
~ I~t, appd~~ in oourt,-`papbn~ rafonsbk atton~eys' lees and entering an~the Ptoperty to mslce`r~pairs: •Although
Ld~der any take iction under this g~ph 7. I:ee~dtr does n~ I~ve to do so. :
' Aay
~ di~b~rr~ed by La~~er nader thia ixi~gaph 7 ahall beco~ne sdditional debt of Bc~rower socured by thi~
Security Instrun~nt. Unkss Honower and Lender agroe to ather tercns ot' psyment~ thae amounts ahaU btar interESt froeit
the date ot di;bunemwt at the Note nte and sh~U be payabk, witl~ intaest, upoa , notict from I.ender to Borrower
ro9uaUna PaYmrnt. . . • . . .
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