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<br /> `�. `' " TOGETHER WITH atf the impr�nve�nerus rtow or[ierraf��er e�cted on the property,and all easements.appwtenances.aad ? �`
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<br /> '`� ��`. ` fixtures now or heneaRer a pFUt af ttie p:operty. Ait repiacemeau aztd additions shail atso 6e oovered by this Securiry '� .'
<br />`,.��o� 4 . '`V,° Insuua►en�Alt of tiie fo�egoing is referred to in th�s Sec7idty Inswment as the'Property." ``_
<br /> ,�.� BaRROWER COV�NAl�i7'S that Bos�vwa is ta�vfully seised of the estate hereby conreyed and�tias the right to grant and � ';
<br /> ' ::�•r'� G atnvey the Pro�erty and that the Property 6s anencumbered. except for enrumbranoes of record. Borrower wanants and will
<br />- ,V° ` � �.`. ° defead generally the tiQe to the Propeity against al!claims and dcmands.sabject to any encumtrrances of record. ;4:,;.
<br /> �t THIS SECURITY INSTRUMENT oambinas unifo�m rnvenants for aational use und nnn-uniform oovenanu with limited
<br /> - ">' variations by jurisdicdon to constitute a anifocro secnrity instrument ooverepg r�al property _
<br /> -'°'�h�' '� UIYIFORM COVENANTS. Borrower and Leader covec�ant and agree as foltows:
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<br />..�; ' „,•,,.. I. Fayment of Ptiudpal sad Inte[+esk Pregayt�ent end Late Chapges. Eomower shall promptly pay when due the '�-
<br /> : °,`:f�. P F� Y Y P�Yment and late
<br /> " •.;z; rinci of and interest on the debt evidenced b the Notc and an charges dae under t6e Nate. • � �
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<br /> ' .:_���w���'+ 2.F�ads Por Taxes an�dasara�tce. Subject W applicat�te!aw or to a wriuen a+aiver by l.ender.Borrower sdall Qay to
<br /> ,_."'` ,. Lratder on the day morui�lY Payments ate dus ander the Note.antil the Nata is pa4d in full,a sum("Funds'7 for:(a)yearly ta�ces �.:,.
<br />- , , aad asses��which may attain priority over this Security Inst�ment as a lien on the Praperty:(b)YeariY leaSehotd pay�ments `'.
<br /> �=_:
<br /> • � or ground rents an the Property.if any:(c)Yea�ly hazard or property insumnoe premiums:(d)Yeatty ftood insurance p�miums.
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<br /> _ ;, , f, . �any; {e)Year1Y mortgage insarance premiams. if ury: and t�any samc payable by Borrawer to Lender in ac.�ordance with �,�.;'�
<br /> ,:-° '°`_L. the pr�visiaru of paragraPh 8,in lien of the pay�aent of mortgage insuranoe premium5.These items are called"Fscmw Items.° �� _
<br />, ��G,� {:';;.. Leader may.at any time.oollert and hotd Fuads in an amount not to eaca�ed the maximum amount alender Cor a fedeiaUy =----
<br /> _ �`,',Y, ' related mortgage loan may require for Eorrower's escrow accaunt under the federal Real Estate Sevlement Piacedures Ad of ���'�
<br /> � 1474 as amended fr+am time to time, 12 U.S.C.Section 2601 et seq.("RESPA").unless another lavY that applies so the Fuads �'=-
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<br /> .'<-;� ' . ' . ? ;; sets a lesser arnount. If so. I.een�er may. at airy tima,col[ect and kotd Funds in an amount not to exoeed tt�e lesser amouat. �=;�=-
<br /> �:�.:.-�;`;' �:•.-�.=-` I,�der may estimate the mnowu of Fands due on the basis o�current data an�r�sor�t►!e esrimates of eapendita�es of future =-
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<br /> :.,..;;':> .. ' Esc��+Items or othenvise in accordance w�th epplacable law. =-
<br />- ; •_ •<<��.�,�`�'`;:" ;.�.�e Funds shaQ 6e 6eld in an institvtion whose deQosits are insuisd by a federal agency. instrymentatity. or entiry �.;;
<br /> . : ".:":t:' (i�ic�rc'�ing I.ender,if Lender is such an institution?ov in any Federal Home Loan Bank. Lender shall apply the Funds to pay the
<br /> � r+;.`•;: f '�_.: Fsts�'�+Items.Lender may not chargc Borrower far holding and applying the Funds.annually aaatyciag the escnaw account,or ,� T
<br /> :,�'�4.., . :_.: ver%E}ing the Fscruw Items.untess Lender pays Bosmwer interest on the Funds and applicabte law permits Lender to make sucb [a�_
<br /> �+y?��,+•� • ,::� a cf�arge.However,I.ender may requloe Borrower to Qay a oue-6me charge for an indepertdent real estate tax reporting service r_,•:-
<br />- � �.:: used by Leader in connection with this toau, untess applicabte law grovides othenvise. Unless an agreement is made or �:_
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<br /> �� . •.. ,.,. , ��;; ePPlicable taw reqnires i�erest w 6e paid.Leader shall not be requiced t�pay Borrower azry interest or eamings on the Farcds. F:`.
<br /> �� " Borrower and Lender may agree in writutg, 6owever.tt�at iateiest shall be paid on the Funds. 1.ender shall give ta Borrower, ___
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<br /> ,.<<,���'. •'.:`� wi�t�c:,a�charge, an annual acoounting of the Funda.show•;�,�credits and debits to the Fuads and tlte pwpose for wi�icl�eacit :.°--
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<br /> `, �;,�it,..,.. � debr�r��e Funds was made.TR�Funds are ptedged as as3�`ec�-v�}sec�riry for all sums sepued by this Security Instnunent. [���«�.
<br /> . '�` ' . `;{ . If the F�fm�:+1�1 by i.ender eaceed th�a�unts -
<br /> per.:ai'i�e��[a be Ir��by applicable law.Lender shall aocount to Borrower
<br /> � for the eacess�1�3w,in accordance with the ra�Jiremems eP applicabie�Ja.av.If the amount of the Funds hetd by Lender at aay =-=
<br />_ -_ _— � tima is aot suf�'ir"�c.t to pay tha Escrow Items whBn daB.Ixnder may so n6tify Borrawer in writing.and.in such rase Sorrower ---
<br /> ��'T'--'-�-'`'• shalt pay to Lender the amount neoessary to meke up the def�detuy.Borrowev shall make up the deficiency•in no more than --
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<br /> �. twelve raonthly payments,at Leader's sole discneti�on.
<br /> ' Upon payment in full of all sums secun�d by ilva Security lnsaunuent. Lender shall promptly.refund w Eorruwer any �:_-
<br /> - ' • ' ' Funds held by Lender.I�under para�apb 21.Lender shall acquire or se13 the Prqperty,I.ender.prior w the soquisition or saie �
<br />_- ',. �,. „.:..:���,', of the Pmperty.shall appty aay Funds held 6y Lender at the time of acquisitlon or sale.as a credit�inst We soms secaued by --
<br />_ -;tii � . • this Y�:�riry Iastrument. . . �� . .• --_
<br /> �y�",'�, . ,..�.�ppikaHon of Pey��ls.Untess appiieabie tats p--��9es otheiwise.aU�pa��received by Leades n�b�gsiag�aphs °--
<br />-_.�, '• ," . 1 a�'f��fi6si1!be�lied:firse.ua anY P�PaYmont charge��«��aader tb���te;second,to amounts�a�+abie ander pazagraph 2; ---
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<br /> - � �,. � . third,to iaterat��,�;�nur�,to.principal due;�d lau.to any late char�dua under the Note. � ' � �-_=
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<br /> �� • 4.Chasg��-Evrm.qrer shall pay.,�1 taxes.as.�ss�ents,charges.finss and imyositions attn'butabte to the Property ": ,�--
<br /> `i�-��; which ma�y attain prlority o��s.r,�is Seturity Instrument,.a�:�beasehold pmfinen35 ar gr4nad renta.if amy. Horrower shall pay ' � _�
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<br /> „,ft.,,����, . these obtigations in the 4narm:,°�-.g�mcvided in paraglaph 2.os��at paid in thet ms�snei.ldM�rower shall pay them on qme dlrectly ' � :
<br /> _-... •1 : ��'�y: . w the person owed payment.Bbnower shalG�z�nptty�5.,.�isCr.:o t.ender ell notices pf�rnounts to 6e paid under this paiagraph: �"`.-
<br />__ : . ;j . If Borrower omkes these payments dircctly. l�:rc�v,r sha1l,�*.ramptly fuimi.,t�to Lender receipu evidensing the payme�s• '�,:;:�
<br /> , , , ,''.,'��;,+.���;; '. Boaower shall promptly discl�arge any��!urUich��s�z£odty osr�r rQis Security Instniment unless Bama�ver:(a)agroe,s in` �r_.
<br /> wri�ng to tite payment of the obligafion secuied by the Ei�is�a martner asceptable to Lender.(b)contests in gaod fnitb the lien ��,:.;;
<br />--_ � �. � b .'�r defends t enforcemem of the lien in. le � roceedin which in the Lender's ��•-
<br /> . y agains gr.�D gs opinion opemte to prevent the a
<br />-y •` �` `� e�'arcement of the iien;or(c)secums from the holdet of�he{ien an a&c�ment satisfactory to Lender suboMinatlr.g the 19en to `�'�
<br /> � . . .:� °' this Sec�rity lnsuumem.If Lender detetmin�s�`.at any part of the Proper.ty is subject to a lien�vhicb may attain prIority over
<br /> •:';:r� this 5ecuriry Instrument.Lender may give�srr.a.ver a norice identifying tl�e lien. Borrower shal!•s�tisfy the lien or.take one or
<br />___ -� � � • .�; more of the actions set fartb above withfn 10 days of t�e giving of notice. •�;..
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