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<br /> TOOSTNNR Wltli all the improvemeais now or hercnfler ercqal on tlw propcny,md�II usamrn�s,appurttn�nccs.ud
<br /> ___� tixtura now or he[eiller a p�rc ot Ihe propeny. AU rc�imenruits uW addilions slull also be mvcral Dy this Scadty - - __. . .
<br /> lnqmnxnt.All of tiw Porcgoing Is n:tcncd Io(n this�tcudty lnsimr.xnl u�lio 'Prn�rty.' —
<br /> — AQRROW(sR COV1iNANT3�hm I3orcoxrr Is Iawfutty scised of thc ataie hcrcby�vnreycJ and hu tho righl to gnnt nnd
<br /> convay tla Propeny and that Uw Property Is uncocumb�rcd,exapt tor encuroAtances of rccord. Borrox�er wumms and wfll
<br />._,:'�;� dcRnd ganerelly tho titlo m thc Pro�ny against all claims a:d dcnunds, subjml m any cnwmbrsnccs of nxrrd. --
<br /> —= TtlIS SIiCURITY INSTRUMfiNT mm6lnu unlfomi mvetunfs(or n��ional usc and non•unlform mvcna+u with Iimfled
<br /> — vad:�lons Uy jufl�ticUan to mns�iwtc a unifomi smrti�y inilmnK,u cvvcdng�cat prokrty. °- --
<br />--��� UNI�ORAiCOV4NANT5.Aorrowcrnndl.cndcrcovenmtundagruculolloxr. ���a:_��-� �
<br /> 1. Pa�ment ot Princip�t and Tntorcsh 1'rcpaymrnl �nd Iale Clu�a. Borrov:cr shall promptiy pay when due tho .
<br /> '�, �ss prixi�nl of and Intercst on ihe deb�cvidcncui by t6o No�o and any prcpayrrcnt and Imo chargcs duo under tho Noto. �i'�� °��---
<br /> hy� E. �hmts fx A'axxs anrd Insunntt. Sabjcst to applicablc law or to a wri�un vwivcr by Lendcr,Oorrower shell pay�o � f; � �rr--�:
<br /> R �� E.endee on ihe d�y mnn�hty payaxnu ue due under t6e Notc,un�il thc Notc is�A in Gill,a cum('Rnnds')for.(a)ywdy taxa �Y`� Y{f:-�:-
<br /> _�e;�� affi asv:au�r.r.es wtdeh nmy attairt�riority over tAts Sacud�y Instn�ment as a Ilen ae ttrr.Propercy;(b)ywrly ieasr�old paynxcts �{=�;�;�,s',';��__
<br /> � or grouc�d renu oo thc Propcny.if ony:(c1 Y�+ly leazard or propeny inwmnce premiums:(dl Yeaziy flood insuranco prendums. t, r+"-,—
<br /> � :�:
<br /> ' tf any; (a)yeady n»ngage inwrence prem3unu,if aay;and(�any sums payab[e by Etorrower ro E.er.der, ta accontzerc w[� FJ,t�ks -�
<br /> � `�� e5e provisions of paragraph 8,in Iicu of the payn�nt of nwngagc Inwrance prcmtums.iT.es:items arc caltod'Fscrow Irems.' �jrv��},+�f::
<br /> ➢.eQder nuy, a�tny time,mllttt and tald Funds in an artnunl nol ro czcad tCc maximum amount a ler.dr.r toe a FoCetally .y,!� t;-�`-
<br /> - �� rtlatM monp,a,ge loan nuy nqulrc for Horro}ver's curow account under the fcderol Rcai Eaate Se2tiement Pmcedures Aa o£ �����, ;� - --
<br /> '�"� t974 u unen&d from�ime ro tinx, 12 U.S.C.Section 2601 n stq.('RPSPA'),unless arw[her tarx that a�lies to�he Fv�dc � � F�`�,r__.
<br /> ��a stis a tesxr u�wunt. If m, Lender nuy,at any time,mllect and hold Runds In a�amount ant tu excred atx lesser amowa. xnr�r.,, _-
<br /> �{ti; A.endar vuy estimne the amoun�of�unds due on�he bazis of currcnt data and rcawna6le estinutzs of expenditurcs of Pomr. �s q�y` .
<br /> � Fscrow Itcros or aherwisc in xcordmcc with applicablc law. F�`F� :�-°-�-.
<br /> Y The Fu¢ds shall bt held in an instiiution whou deposiis aro insurcd by a fedeml .gcnry, ins�mmcntaliry, or enity �t+�'-��
<br />'�'-i��� (Including[.eudcr,if LcMer is such an iaxitution)or in any�ederal Ilome Lom pank. Lender sh311 apply�he Fends to pay dr_ �t�;3,��'-;_;'-
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<br /> �'y�`,ye Eurow Itcros.f�cixlcr nuy m�chargc lYa�rowcr Por hoiding and applyfng Ihc Funds,annually analyzing thc cscrow aceour.7,o: + .� ';;,S_;
<br /> -d vcdfying the Escrow I[en�.�.unlas Lendcr pays 13orrowcr interes�on�he Funds anJ appflcablc law pertnits Lcnd:r to mnkc sac7+ t� -n �-A-•`
<br />'°'!�i a eh e.However, LenAer ma uirc liorrower to a onrtime char e for an tnde ndent rcal esla�e t�c rr nin SCIVYi -F I..,-(., �„_:
<br />'-�-.�:... ar6 Yrc9 PaY 6 P� N 8 ::.:-};=.I,43;a;•
<br /> + ;-r- usul by Lcnder in conoccUon wilh this loan, unlcss applfca6ic law providu othenviu. Unless an egrcemam is mac�s o: �1, `t� s �•-
<br /> F vti applirablc law requins ineercs�lo be paid,Lendcr shall nol Ix rcquind lo pay[lomowcr any in[erest or eamings on thc Funa,- ��G - r`�
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<br /> �'.=rS4�� Borrower and Lender nuy agnr in wri�ing, howwer,d�a�im.en;st stull Ix paid oa the�unds. Lendcr shall give to BoauvnY, ;�;:'r.,•._-i_'-°---
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<br /> _r•�1 w�ithaut charge,an annual accounting of�he�unds,str�wing credits and debits to the�unds and Ihe puryose for whlch tach _�.'?s�%�:#�:�.. '
<br /> - �. • d�.6ii ro�he Funds waz made.Thc Punds aro pledged a a!di�ional xYUrity for aU sums securcd by this Securily InslrumenL r� }� it_d
<br /> � '�y'+� If the Runds held by Lender exacd the amoums pettniued m!x held by applicable law, Lender shall accouat to Iiorcox�cr k:� » .-: `
<br /> :��4t.� for the cxcess runds in attntdancc uith U�c requlrcmcnis of eppllc.J.;Sz law. If�he amoum of�he Funds hcld by Lcndcr at nay .�,3 f}„j��;�?:.��
<br /> rix PY Y Y € s -�Yr.�:k!c�
<br /> v ��; � tinu is noi snfr:cient ro a �he L'urow k�i-os when due,Lender ma so notif Oorrower in wriria ,end,in sueh ease[3orraxcc t
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<br /> � shatl pay to 4.ender the amount ncccssary ro nukc up�he defictency.Qorrowcr shzll makc up�hc dcfictency In no mort th3n y , ,_
<br /> _'�_,f: tuclre nwmhly p3ynxnts,at Lendcr's mlc discrufon. _ � ';;;,�,�
<br /> �� ;? Upon payment In full of all sums secund by 14is Securi�y Insuumen6 Lender shall promptly rcPond m Qorrower any � + -, :
<br /> .-;5� Fands heid by Lender.If,under paragr�ph 21,Lender shall acqulre or sell �he Proptny,Lender,prior to ihe acquisiHon or.v.'.: 1� " _- •
<br /> . S(� o(the Propetty.shall apply any Punds held by Lender at�he�inx of acqulsi�tas ar sale as a credi�agafns�the mms sttnmi br� + 4 ti �; �-
<br /> - � f�jt this Sccumy Insuument. -
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<br />!.,:;y,..:._ 3. Applleallon of Peymenls. Unless applicablc law providcs o�henvisc,all paymcros mreived by Lender urAer paragrsphs ' i,.�.,,,-�;<<z_�?
<br /> r-�-: i aad 2 shall be applicd: firs4 m nny prepaymcnt charges due under�he No�e;secor.�l,m amounis payablc unda paragraph 2; � th a: . `
<br /> �j'� ahird,w tr,terrst due; founh,to princip�l due;and las4�o an�•la�c ch.irgzs due unekr ahe Noh. t� r �.
<br /> { 4. CYrr.ay_,za;Llens. Qorro�ver sluff pay all�axes,assessmeNs,diacs„¢s,fines r.�cl impositinns auribmnUle to tl�c Properry { .{a�� •-
<br /> ufiich may auafn pdoriry ovtr 1h)s Suuriiy Insnument, and Icasehold pnymencs o:ground rcnts, if any. Dortowcr shall pay � , ` :!'- '��
<br /> :;;;.;`�� itezse obtlg�tlons in the marzu providavl in parzgroph 2,or if no�paid in that manaa•.Borrower shall pay�hem en[ime dircctty (��:i�1:i;:.>.'`-`-
<br /> �� w:i�t pcnon owed paymcr.t.3lortower shall promptly fumish io Lcndcr all no�ices af anroums�o bc paid un�?er eAis paragraph. �+ ��t F o-':�
<br /> � � 7i Qorrower makes U�ese paynKms direcUy. Qorrower shall promp�ly Pomish w Lender receipis evidencing Ihe paynxnis. ^ ,i�'1�,,..
<br /> t "�` Dorrowcr shall promptiy dixhargc any licn which has priari�y avcr this Sccurity Iroyiunxnt unless Oorcow�cr.(a)agras in yy� � si y? 2{.�-
<br /> � --, writing ta�he paymem of the obliga�ion secnrcA 6y the licn in a manner accep�xble�a Lender,(6)con�a�s in good failh 1tr,:lien Lr4 "�n'� � `
<br /> �,-= by, or defends agains� enforament of ihe lien in, f gai proceedings which in the Isnder's opinion oper tr ro prevent the y<<� �kj�,:C '
<br /> -°3 en4Wrttnxn!of the lien;or�c)ucures fmm�he hul3cr ni ihe lien an agreemert s.ti.tactory lo Lender sebordCnating tht litn lo s, � �;?i--��;
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<br />:.;,.�5��{r �Ais Sxurity Inswmcnt. If Lrr.dcr de�ermines�ha�nnp pin af�hc Propeny is subjcr� io a lirn��hich nuy auain prioritq o.xr ,.��_�,',,��.�.�
<br /> • this Sccumy fnswmem, IAr.der ma�give Bo�mwrr u no�icY identilying�hc lirn. Dormwv shall.aiisfy ihe licn or take r.r,e or 4 f ��.•:
<br /> s�i morc of the�nction�sct (onh abovc w�ithin 10 d�ys of�hc giving o(noiicc. '+v�' �,'+��4::.
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