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<br /> � 1�OGETI�II'sR WTfH al!thc impmve�eats now or herc�ftcr ercxte�on dte p�.and all�t4.a�urtenances.and " ' `�
<br /> _ . • fixtiues aow ar hereafter a part of the pmperty.�If repfzcemans�d additions si�aL�be covcrea by ths S�rny InsYru�ai. — .
<br /> , � All af the foregoiag is tefe�red to m this Seauityr instrnment as the"Progaty." ; .
<br /> • �� � BORROWER COVENANTS that Boimwer is lawfuUy se�sed of the estate hemby oonveyed and has the right to gmnt and . .
<br /> � oonvey the Pmperty and tha�.the P�operty is unencumbered,exc�t for encurabrances of record. Bozsower wanants and will . � �
<br /> . < defend generatty the titie ta the Pmpeity agams�t alI chims and demands.sn6ject m any encumbiances of recmtl. , ---- -
<br /> . ` THIS SEC[JRTfY IIVSTRUMEN'f combines unifarm coveaauts for nazional use and non-anifann covenant�with limited - �
<br /> variations by jurisdicaron to constimte a unifosm security instrumeat covecing rnl progerty. ' ` �
<br /> i UNIFORM COVINANfS.Bonowea and Lendcr covenant and ag�ee as foAow� F :
<br /> 1.Payment o!Ptiacipal and Inter�t:Prep�Ymen!and l.ate C�. Borrower shal! pmmFrly pay when due the i � . . �:
<br /> • priusipat of and interest on the debi evid�►ced by the Note and anY P���t and tate c6arges dvc uuder the Nate. E . ' �:J::t,
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<br /> , < � • t Fands for Tueg and 3a�canc� Subject to appur��Ba��a�a wriuen waiver 63r L�s�rs,Boaowea sii�pay tfl �` ' � : ;.
<br /> � In�?�on the day monthly payments are d�e r,�x3s�the l�t�v.,a�rns�T�s paid in ful1,a suar f"�vCr�s'�for.(a)sc�3y taxes • . .:�, , ..--..-�°
<br /> :��, ,;: a�3 as.�nenis wtucd may auain p�y an�o�is Seearr:��t��:m��as����Tae.�g�;l,i��g�sr?y Ieaseha,3�ay:��s � ,��
<br /> �::�.' ' :'%;'� or�uad r�ea�e Prope�.� s._ ���y -,-�r�� a-�,a��r�� . . . . ,,�
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<br /> ; �i ��(��s��e:�nr�:p�:-Q��y�(�any�ms,���►sy���as oo F.�uri�;in amo�fiaace with tte
<br /> ;,;" . . , ,? �na�s ef��5 8,m �rf dte paymeat of mflrtgage ias�r�,�cmimns.'i�ese itcss ur c�ilad,"Bscaaw It�av." 1_ -. . �, ._ �.
<br /> . , ;::4� L�dea mayL��ttime,caIIect and hotd Fauds in an amauat not W exceec9 ahe maximnm amovns a�fat a�fwder�l��.zclat�ti ;:< '.:'.
<br />: � . ` mortg,age toazi�ay�eqaae for Bormwer's esaow aocoemt nnder the fed�al Real Fstate Settlea�eni Prt��s Act of�197�'as `',:,�. ` �-.:;'.�',
<br /> � • �•,: am�ded fmm time W time.l2 U.S.C.Secdon 2601 etaeq. ("RESPA'�.rmte��othes 1aw tHaiaPZsiS:s Ea tt�Fun�s scts�alesser .... .,
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<br /> . , amount If so,L�uder may,at any time,collect and hold Funds in an amount rtot to exceed the lesser as�awri I.e�¢a m3Y ;. '`sf -- : �
<br /> '. estimate the amoimt af Funds due on the basis of curr�t data and reasonable esdmates of expcnditu:es of fuzwa Ssarow Iteaus ar � ,� � '�.�'�,.�i
<br /> ' , � otheiwise in accoidance with applicable law. � �' ' . �.f.,
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<br /> � The Funds st�all 6e he2d in an iasdtution afiose deposits aro insured by a fedccal agaicy.ingtrurr�nt�s oa ensity.(insluding ; ��.� -�.;�:''���:
<br /> � ._� l.ee�der.if l.ender is such an in�titutian)ar in any C�ede�a!Hame Lo�Banlc.i�dcr shaU a�sply the Fun�s to pax th�Ec�raw :?� `":��' -�
<br /> ! Items.Leadea may aat charge Bomnwer for hol and I " the Funds.aanuall aual the escxosr�A as•v�;n " ` � ' ,j;;
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<br /> . • • tl��Fs�sow Items,unless l.�Q�r pays Honrower intcr�st on the Funds and applicable taw pennits l.en��ttr mtlog sra�.a t9�s&�, � _
<br /> • Howe�rer,l.ender may r�quuc Bonower m pay a ano-tUne charge for an independent rcal e.�tare tax r�scav;ta ascr��isy � . �
<br /> ; � � [.endca in aonnection with this loau.untess applic�ble law pro�d�s athe�wisG.Untess an agree��is ma�:�2�pbmk�h+hw �� .. :. ..:..}�.•:,,.- ,:;_:
<br /> � � requires intmrest w be paid,Lender shaU not be req�itad W pay Bonower any interest or eamings on ttc�Fun3s.Hta�st�c as� .:'�,�;,`, ;'
<br /> • � Leader may agcee in writiug,however,that intarest shaU be paid on the F�utds.Lender shaall give w Hotmrrec.wi9fiawt:�pw an .
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<br /> annual accoundng of the Funds.showin credits and debits to tde Fuads and the purpose for which eacd�d�2.ta th��ma3s was . �r,..°;';-:::
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<br /> � made.'Ihe Funds sie pledged as addirional security for all sums secured by this Security Insmunent ..1:.,.,;.
<br /> ' , � ff the F�ds deld hy L�d�exce,ed the amounts penniued to be hrad by applicable law.I.endcs sh�accoiant ta Bmmvres fas --. � ���.f��°E:�-
<br /> � � �s excess F�ds in accoidance arith the zequseanents of applicable 1aw.If[he amo�mt of the F�uds tietci by Le�r3�s aAany.tims is , ;�`°�.'�:;;=
<br /> � not suft'u�t w pay the Fsaow Items whw dae,Lender may so notify Borraw�in wriung,and,im such c�e Bmtam�st�2ll pay ' , ;f'•,,��.�
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<br /> � � - to Lendea the amaimt necesszry to ma3ce ap the deficieacy.Bomowe,r shaD make ug dce dr6c%aicy in wa mara thva t�vetve _ ��`,��.,���":�.=.
<br /> " . .`• monthlY P�Ym�,at Ixxu3er's s�oie disc�retion. . t�,�,�;
<br /> 'f, Upon payia�ia full of all sva�s ser�ed by this Security Insaame�t,�.eader shall promptty retwsrl to Barnasrrs a�ry.Faa�1s ' . ,�;;�,:
<br /> �:;��` heL1 by Lendcr.T.�ande.r paragraph 21,Lendu shall acquire or sell the 1?evp�ty.Lender,Prior us S�:acquisi4i�.os sat�.of th: � �;.':,.�.,,
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<br /> . . FropertY,shaD apPly�Y Fun�s de2d by Lender at the time of acquis�on or sate as a c�edit a�iir.,K tt�e sam3�scr.uc9d,by.this `.. ,
<br /> • � , Seauity Instrument . :�-=t�'�•
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<br /> _ . . ::;' 3.Appttratifln of Paymenta Un2ess��caht�faw pmvides au��wise.8II�ytllC(i�i t2�iV�T3j�'.P ISS��df p3i�`L9 —:�;�,T,_
<br />_ � ;��, 1 and 2 s6aD i�e a�plied:first,w any prega;�at charges due undr�she Not�second.w amo�s.�xiyabl�c�u parag�!a 2; .,,+;},��:�.�.
<br /> ':' thud,w inte�s da�fourth,tn priacipal daw��1ast.to any late charges due uadcr the Note. ,�•;;���i��;�,>'
<br /> . � 4.Chatgesi LIens. BomDwer shall Gay ail ta�ces.3ssessments.charges.fines and impositions atm'hc'aW2 to�the Ptoperty ::;)?',,.::. .,,l,ts,. ,: .
<br /> - which may at�in priority ova ti�4iv Sec�vety tasrrument,aicd leazehold payme�ts or grouud rents,if any.Hm�mvrrr shall pay these ,y'���}:���-�, , •�;..
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<br /> o6liptions in the mannar provided in patsgr�+h Z,or if not paid in that manuc�.Honoaer shaA pay ibem�sum directly to�tha . � '?�';��:°'. .�
<br /> . � . prason owed paymen� Borrower svaU�r�y fumish to Lender aU notices of amounts to be paid�ydea tlris pars�gruph�If �:,:���x,��:.
<br /> : . '�� Borrower makes these paYmeats direcxly.Btx�w�shaU pmmptty fumisb to Lender receipts evidettctug tt,�pc�y�nents. . . �k:r;r,:� �•
<br /> '; . Bfllrower shaii prompily discharge�y lien which has priarity over this Seauity InsWment�as Bt¢rovrea:{a)ag�xes ia l ; . '
<br /> ' • ' • � a+r��ing to the payment of the obtiga�on secured by the 6en in a m�na acceptable w Leaider;(b)conoesis ira gaad faith the Gai ! ' .
<br /> ;:; . bY, or defeQds against enfoscement of ihe lim in,legal pmceedings which in the I.e�der's og� oyvsr^�te to prevent the !I
<br /> , enfo�cem�t of the lien:or(c)secures from the holder of the lien an agreemeat satisfactory to Lender saCordinating the lie,n w I � .
<br /> .•I this Seauity Instrument IP Lendea dete�mines that any pan of the Propeny is subje�t to a lien wtuch rray,auain yriority over this � � .
<br /> � ` � Sectuity Insuumen�Lender may give Borrower a notice identifying the lien.Banowcr shall satisfy tCc tivn or take one or mare . �
<br /> . of the actions set forth above a+ithin 10 days of the giving of notice.
<br /> ' Form 30Yt{ 9/8fl � .
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