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<br /> 98� sosss�.
<br /> 'F'OOETHSR W1TN ell thc impmvenxnta►xiw or hereAfter erected on the property, and i�ll cusements, Gp�1111"IC11��10E9, aid
<br /> fixturns now or hereafter a part of thc pmperty. All replacements and wdditians shall ulso t►c covecYd hy tl�is Sccueiiy
<br /> lnstn�mtnt. All of thc fnreg��ing is rcfcrrecl to in�his Socurity Instrument as thc "Praperty."
<br /> BORCtOWER COV�NANTS that Borrower is IAwfully iscir�ai of 1he estete hereby canveyeel und has th�right to�rant aixl
<br /> convey tl�e Fru�ic�ty atid thai the Prap�rty is utttncuntheral, except for encumbrances of rcencel• A�rmwer warrants and will
<br /> dCfend aenerully the title to the Propeny aguinst all claims arxl dunands,subject to any encumbrances of record.
<br /> .,..�� nnn JnjT., .y���J���ryT c�mbin:s Ln+.femi covenAntc for national use and nnn-uniform cmenants with Iimited
<br /> a a�a u�:�. n a a a� o � -
<br /> varlations by juris�iiction to canstitute a uniform socurity instn►ment cavering real praperty.
<br /> UNIFORM COVEiNANTS.Borrawer.and[.ender covenant and ngree sis follmvs:
<br /> l. Payment ot Principrl pnd Intetrst; Pc�epeyment and I.ate Chs►rges. Barrawor shall promptly pay wlicn due ttie
<br /> prirxipal oi and interest on thc dcbt cvldenced by the Note and any prepaymcnt and ta�t�cha.r¢�s ctue under the Note.
<br /> 2.Ftinds far T�xes And Insurance. Subjcct to�pplicable law or ta a writte�.t wai,�rer lry I.ezxicr. Borrowcr Fhnll pay to
<br /> i..ender on the duy monthly payments arc due under the Noto,until the Nute is p�id i.ra fu0[, asactt f"F�;�cis°) x�r:(a)Ycarly taaes
<br /> and�.ssesszr.�nts w�.ikfr may attain priority over this Sccurity Iastrument as a lien on thc Property;(b)yearl.�r leasehald peyments
<br /> ar ground ments o►t tR�e Pcopect,r.lf any;(c)yearly hazard or propertY rn.suranc�e Prc"�dums; (d)yearly flood iosura�xx prcmitnne,
<br /> if uny; (e) �eurFy rt�gagz insarance p�cmiums, if any; snd(� a�y sF�m� Pay�ble by Borrower co l.�nder, in acoordxrrce �'i1h
<br /> the provisions of paragraple 8, in lieu of ehe payment of mortgage ic�crduxe premiums•These items are called"F.scrow It�ms."
<br /> I.cndcr ms�y, at any dm�, cc�!lcct and hold Funds in an amount rwt to excoaf the ma�umum arr�unt a le�der for a foderally
<br /> relued mortgage Inan mxy �ue+�t•tor�onower's escrow acrnunt under the fc,dera0 Reai Pstate Settlement Procedurcs Act of
<br /> 1974 as unended from time co tiar�e, A2 U.S.C. Section 2601 er scq. ('RPSPA"),untess a�ather law that applies to the fiu�ds
<br /> sots a laser anx�unt. If so, I.ender n�ay, at any time, collect und hold Funds in an amount �xx to excad the lesser emount.
<br /> L.ender ma;es�imare the amount of Funds due on tha basis of curnnt date and reasonahle cstimetes of expenditures of future
<br /> Escmw Items ar othcrwise in accordance with applicable law.
<br /> The Funds shall Fx held in an institution whose deposits are insu�ed by a tederal agency, instnimentality. or entity
<br /> (incluciing I.ender,if Lender is such an institution)or in uny Pederal Home I.oan Sank.L.ender shall apply the Funds to pay the
<br /> Esc►ow Ite.nu. Lender nwy not charge Barrower foc holding and applXing the Funds,unnually analyzing the escrow accouot,or
<br /> z;;a��srg w::�cm�:tems, unless I.e^��r pe;s H^n^K+er interest on 19r Funds and epp�tcable law permits Lender to m�ke such
<br /> a charga However,I.ender may requi�e Bonower to pay a ono-time.��ugc for an iadependent'neal est�►te tax reporcie6 etn+ia .
<br /> usod by Lender in connection with this loan, unless applicable (ew provides,a'thetwise. �[.Jnless an ngreement is mde or
<br />- applicable law requires iqte���ast to be paid,Lender shall not be required to pay �r.rvwer any interest or oarniags on ttu Funds. .
<br /> • ���.. .+.»r.i..a,. t.....1..�I�ell nivr.fn RnrTAwU.
<br /> Borrower ani Lender n�ay a$rce In wrieing,however, that mterest snai(�p...0�,n ���� t WM�•!������• °••'�'O"' ' -
<br />= without charge. an annual�ccounting'c�1'°�he Funds, showing craiits and debits to ttie Fun¢y:and the purpose for which each
<br />� debit to the Funds was rpnil�.•The Funds are pfedgod�s edditional security for all sums secartd by this Secuflty Instruma�t.
<br /> ' If the Funds held l�v l:ender excYed the amount:�p�:rmitted to be hold by applic�ble law, Lender shall account to Bomower ;
<br /> cFy4r the excess Fur.ds in'��cordance with the requiretiiciits of applicable law. If thc amw�nt of the Funcis held by I.ender at uiy ,
<br /> time is no�Sufficient to pay"the Escrow Items when due,Lender may so notity &irn�wcr in wriNng,and,ln tiuch case Burrowa
<br /> shall pty iin�:3ider the amount necessary to make up the deficiency', Borrower shal!make up the deficlency in no mora thut �, .
<br /> twelve monUity payments,�t l.ender's sole discretion. '�
<br /> - ' Upon payment in fu'll �f all sums scxured by this Security Instrument, Lencicr:�hall promptly rcfund to Borrower �ny ����" ���', '
<br /> a : iFunds held by I.ender. If,under paragraph 21,Lender shall acquire or sell the Pm�x:ny,�I-a�der,prior to the wcquisition or sde �-;;'
<br /> r ..•di the Property,shall apply any Funds hGld by Lender at the time of acquisition or sad��.s a credit against the sume socurod by
<br /> _ this Socurity Instrument. ' ` • .
<br /> _ . �:• 'J.Applir.�tbn ot PAymants.Unlcss applicable law provides otherwise,all pa►ymedQs"�+��vcd by I.ender urxler p�ngrapha
<br /> ,' �1 and 1 sfu►ll be appliai: Csrst.ta any prepayment char.;cs due under the Note;sec�nd,�to'amounts pnyable under paragraph 2; .
<br /> , Third,to interest due;fourth,to pdncipal due;and laq;,to any late charges due uncie�r 1ho Note. ��
<br /> 4.Cl�r�es; Liena.�&�trower shali pay all taxes.acsessments,eharges, fines and imposittons attributable to the Proputx .. "�;�,
<br /> � which may attain pri�rity over this Secudty Instrument, and leasehol�payments or ground nnts, if any. Borrower shall{�y.�
<br />�;� these oblig�tions in the manner provided in paragraph 2,or if not paid in that ma►►ner,Borrower shall pay them on time directly, .
<br /> � 'to the person owed payment.Borrower shall promptly fumish to Lender all notias of emounts to be paid under this psrage�ph. --
<br /> ff•'F Borrower mnkes these payments directly,Borrower shall promptiy fumish to Lender rsceipts evidencing the payments. `
<br />'� Borruwer shall promptly dischurge any lien whici�has priority over this Security Instmment unless Borrower:(a)Agr+ees in ',.i,
<br /> � writing ta•t�e payment of the obligata�n'secured by the lien in a manner a�:ceptable to l.ender;(b)contests in good faith the li�n
<br /> by, or d�fends eguinst en:orcement o€the Ifen in, legal proceodings which in the Lender's�qpinion operate to preven�t th�
<br /> .� enforament of the lien:or(c)secures from the holder of the lion sn agrament satisfactory tw'Lender subordinating the Eieu ta . _
<br /> � this Sautity Instrument. if I.o►Klor determines that any part of the Property is s:�t�j�ct ta a lien which may actain priority over
<br /> � this Security Instrutnent.Lender may give Borrower a natice identifying the lne:i. �1a:rc��+'er shall satisfy the lien or take one or
<br /> •� more of the actions set forth abnvt within 10 days ot the giving of natice.
<br /> � Form 302� �185
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