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<br /> < 'POGETi�R W1TH all the improvemeats now ar hacaftcr erected oa thc PmP�i'�+:and all easemea►ts.appurteaaac.es,aad j . .
<br /> • �i fixwres now o�hereaftcr a pan of the Qropeny.All teplacemeats and additions shall uls+a be covered by tifss Socurity TnsuumenL • . .
<br /> � All of the foregoing is refe�rrcd to in this Security Insaument as tho"Property.«
<br /> , � BORR01NQt COYENANTS that Borruwcr is tawfWly seised of the estate he.scsbp conveyed and has the ri�ht w grant and , ..
<br /> �- �_ ., � canvey t�e Property and ihat 1lte Pro�ty Is uneacumbered,except for encumbrau�of record.Borrower warranu and will . '_ - .-- -
<br /> .. . defead generaity the aQe to the Prope�ty againsl at1 claims and demands,subjecx to any�ambrances of record.
<br /> � THIS SECLJRTTY INSTRUNNIENNT combines uniform covenants for aauonal u�a a�td non-uniform covenauts witta limited •
<br /> • ' • variatinns by ju�isdiction ro coastiwte a�miform seauity iny�trument covering real Prap�1- ' .
<br /> tJNgapgly CpVENAN'fS.Borrower and LcndPr covenant and agree as follows: when due the � "
<br /> L Payment of grinppal and Interest,Prepa9meat aud l.att Ch2rges. Botsq�i� shall pmmP�Y PaY -
<br /> principal of and�tetest on the debt evidenced by the Note and anY Prepayment and laaa��vhar$es due under the Note. . �
<br /> 2.Bands far'�'axcs aad Insaranc� Subject w applicable law or w a wriuca�A+xiver by Leuder.Bomower shall paY o� :
<br /> Lpeder an the day mnnthly payments are due under t3ee Note.nntii the Note is paid in,fuU,a sum("Funds")for:(a)Y�Y� ; � �. .
<br /> • and assessments which may auam priority over this SeauitY InstrumeAt as a lien on 1he PmpertY•@)Y�iy leasehold payments ; _�
<br /> , or gmvnd reuts on t�e Propeny,if a�Y•(�)Y�Y�or progerty insuiance premittm�(�Y�Y�ood insivance premiums.if F
<br /> �►Y:(e)Y�Y moT�e��P�mi�,if anY:and(f�any sums FaYable by flutrower to Lended.in accoidance with the i
<br /> -',�°.,:::�<�•r , Pmvisions of paragraph 8,in lieu of the pa}rment of mortgaga ins�uanse premiums. lhese ite�s ffie cxfled"Fscrow Itea�s." i . ..y' ' , -
<br /> : ;f:f'';�'�:. ' I.�der may,at any mne,caDect and hoId Fonds in an amoant aoi m eacceed the maximam ammmt a 1�for a federaliy relarsd � ..
<br /> ' ''1:'.Y.(�..:�!'�:. '<< �
<br /> .. .���.kt'.: �. �•-5 maitg,age iaan may require far Barmwer's esc�ow ar.caunt under the fedeiat Real F.�ass Seulement Pmcedares Aa of 19T4 as . _-
<br /> ' ' amea►ded fram mne to time.l2 U.S.C.Sectian�L*c�l et seq. ("RESPA"),untess anntittu law that appli�3o tne Funds sets a Iesser -- -
<br />- • ' " amount If so,Leadea may,at any time.wItc:�ana hotd Funds in an ac�ount not•..^.o exceed the ts�amount I s�der may . . ,
<br /> �the amovnt of Funds due oa the basis o�ca�t data and reaconab�e esum�xt�of eaPendiwres eF fuuue F�C°w Items ar ..2 ' .'
<br /> ' • �• � othec�ise in accordance with applicab2e law. .•. ,
<br />-- - � . 'Iiie Funds shall 6e held in an institution w�esr deposiis are�insured hy a fedaml ogenc5►,instrumentality,or eatity(including .`.,�'�-„,'�`..'
<br /> ` ...: Lender.if Leuder is such aa institutioa)or i��;Fede�al Home Loan B2r�.Leudar shall apply the Funds w pay the Fscmw � �. - .,,;.:�..t''`_
<br /> • • � Items.I.�der may not charge Borrower for „M�cag and apglying the Fu�.s,�'..nu�IP��Y�S�e�w accouat,or veaifying
<br /> � � • ttte Ercow Items.unless Leader�ys Bosower mterest an�:2 Funds aa�z,p�1=r,�bto�law pa.*mits Leuder W maice sucb a charge. � � .�
<br /> 4 ,�,-" ; H9v�-�er.Lender may re9uire B�c.+wer w pay a one�time�faa an in�eprndmtr.ez��taa reponing service used by � .:• ,��;:>,-
<br /> � 't. ._ , f w=�....
<br /> ;�%r`� • Le��co�ection with this toaff,unless�'scable faw prarides otherwise.ih�lc�s ara 3g'a��u is made or applicable law s t,
<br /> . ..���k ... ,�..P.:
<br /> . �'��. req.:�es icterest to be paid.Lended shall not be�{uiaed to pay Hoirowex azzy iuuu�t or�r^.angs a��e Funds.Borrower and ' ��.,��rlj�. �`�'•:.•;„a-.
<br /> in writing,howeve,r,thai��s shall 6e paid on the F��s Lenalar shall give to Hc�arer,wiWout charge,an s;•��;��: � . •,•,-��:
<br /> r.ee3�may asree ` �`-
<br /> . :.�:�.. .: an�r,�2ccounting of the F�mnds,shawing cxedits��debirs ta the Fuads and the putgase for which e�i debit to the Funds was , f;}�::{� ,
<br /> ` � �' ' mas�.i5e Funds are pie�8ed as additional security for aU saans saa�ed by tl�is Secaiity Inspument ��!�'��� ��r ",.
<br /> ,;, . �_T ` ` `
<br /> -•��.'• rr-�Funds held by I.ender exceed the amonnts pecari^�wad�b6 held by Appliurble law,Lender shaU account w Bw=ower for , :�;;
<br /> � the eaccess Funds bi a�rdance witt►the recluirea��cnts of applicable iaw.If th��maunt of the Funds held by Leneier at any time is . _ . .
<br /> ea •."
<br /> • • aot snf6cieat w pay the Fsaow Iteras afien�:e,S.ender may so notify Ba�a�,r�in,wrim�g,and,in such case Bosower shall pay •:.-E�'
<br /> � to L�der the amount neccssary to make up tha defcicncy. Bonower s�:�."_mnkE ap the deficiencv ira na man Lhan twelve � •��;'_;;�`,�
<br /> ,:�;,., . m�rY PaYments.at Lender's sai disc�retion. � , ; -
<br /> : �.r�on payment in full of a]I s�secured bY this Security Insbnmen�Lecdx shat�c�•�tiy refun�to Borroa•��y Funds , , '.,.••�,'
<br /> '� . �'� 21,Len�shari acquire or seU the Pra�r,r.I.en�,Prioi tn tL�2c4uisition or sale of the _ ,
<br /> �etd by Lender.If,under��
<br /> 1�
<br />' �pecty�sha11 a�Iy any Funds he3d by Lemder at tha time of acs�uisidun or aate as a credit agains¢��sums secured by th'ss • i . , _
<br /> ., � . � Sa�'.tyr lnswmenL ' . ��
<br /> ':�,� �:::� 3�Appldsa8on of PaymemBs. Untess applicablo taw provides othenuise.aU�payments received by I.end�undar�aragraphs , . ". -.,��. .
<br /> ' i�2 sha116e applied:fust.om any preyaymenc charges duo under the Nat�u r�econd,to amounts payable under g�..�aph 2: �� ,.
<br /> � , third,w�tcaest due:fourth.w praicipal due;and tas�w any latc charges du�und�sr the Note. •` . ,
<br /> ,'• �' ' � 4.Chargesi Lt�ns. Horrower sha11 pay a1�taxee,azsr�sments,ch2rgw^�.fines and impositions aan'butable ro c►:s Pcoperty .
<br /> ns.
<br /> which may attain priority over�."�'s Security Inswmen4 end Ieacehold pay-�r�asis�or gcound rents,if any.Borrower st�2::pay thes¢ , - • .
<br /> obligadons in the m�ner pr�n�c3 in parag�aph 2,or if not paid in that mznnAC.8oiraa�er shall pay them on time dir�Jy to the �:t;.•;. . .
<br /> `:'; ;;;• � person owed paymen� Borro�+*csr yhall promptty furnisA to l.endca all no'w.�¢s of a�a•.ras to be paid under this Fzragraph. If :,.j4,:;,;'^;., •
<br /> ..�.:, Borrowea makes these pa9menss�xtly.Boaower shall promplly fumish to I,c�adea receipt�evidencing the paycaents. '`�r;'��, " �'.
<br /> _ : � Brnmwer shali yrompdy dissharge any��n which has Drioriry over chi¢S�ity Instrument unless Botrower.(a)agrees in <,.'c.':
<br /> .. r , writmg to the paymant of tho obtigation seca�d by tho lisn in a manner acce�table to Leade,r;N)catt�ests in gaod faith the lien .
<br /> is3�.x*defends against cnfoncerflena of tha lien in, legal �raccedings wh9� in Ihe L�der's opinian operate tn prevent the
<br /> ;�-, �'�ment of thn lien;or{c)sxs�es from iho holder of�sc lien an agra�nent satis�caIDry to Lendet subord�a��e lien w .
<br /> �:; t�s Security Insm►men�If Lender detetmines Wet any p��E�he ProAeatY is subject w a Een which may attain prie:^�cr over this . . .
<br /> " f • . • S�urity Instrument,l�endcr may give Borso�,rr a notica idcntifying the tP,�-Boaower sh�lt satisfY thC uen or falce c�e or more
<br /> ` ' of che actians set forth above within 10 days af cha giving of nodce. �
<br /> Feeaa 5�28 9�sT"� •
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