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<br /> TOGbTHER WITH all the i�sprovemeats now or hemaRer erected oa the property.attd a1 . .� �: ,
<br /> �` �" .�; fixtures now or heteafter a part af thc pmperty. ALI ceplaoements ead additions shall also 6e oovered by this Serurity �='�f_
<br /> ��� Intitr�ment.All af the fategoiag is referred to ia this Sec�riry Iusuument as the'PrapertY•" �
<br />-� ` :..s��_ BORROWER COVENAN7'S tbat 8orrower is lawfWty seised Qf the cst�e hemby conveyed and i�s the right w�tt uad �._,�_..
<br /> �'°��.,•"�; : comrey t�e Froper[y attd that the Progerty is tinencvmbered,except far ennunbranoes of reoard. Sormwer w�t a�tt��ilt �; -
<br /> defeIId generaUy the titte w the Pcnperty against alI�claims and demaads.subjecc to aay encwnbrana�s of recoM. � ..
<br /> v-r:--
<br /> . THIS SF.CURITY INSTR�IhA��+i'f combi�e.s unfform oovenaufs for Qadonal use and aoa-u�form covenanis wit8.Gmit� �:,..
<br /> �..�� variaaons by jurLsdiaion w oa�e$nnifoim seauity instrument oovzrin$rcal pmP�Y- -- -
<br /> � - �ORM COVENANTS.�o�ower and I.�der cuve�ratu ard!ag�ee as foltows:
<br /> s�••. '� � � 1.:�yment oY Priudpaf ead interesti�PgY��a�fm4e Ct�as�ges�.Bonavrea s�alE pmmpttY PaY v�h�a due tke _– ..--
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<br /> , �+ ;,, � .f:w p�nciPai of and interest on t6e debt evidenc�ed by the Note aad any pr�epayanent and tate cFca.�s d¢e u�thc Note. _-
<br /> �- :�: _'�-_ Z.�mds for T��s ead 3asvmnce.Subject w applicable taac o:to a vmtt�n waiver by fercder.Bomawer s�pay ta �
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<br /> .� y ....;;: I.ender on the day monthlY PaYulents aie due uader the Note.�nRil the 1�ote is paid in full.a sum{"Fuuds"}for_(a)Xear�s�xes _—
<br /> . �a��ec�,,,e.±r�which may atrein priority over this Seauity Inshument ag a lien on the Progerty;(d)Yearly teas�o?��rents --
<br /> _.. _ or ground rents on the Pioperty,if any:t�)Y�Y�or groperty i�nsuzanc�premfttrtts:�(d)Yearh 800d insuiaaoe prEmi�s, __
<br /> •� . ;��3►:(e)Y�Y ��g��urance Preminms•if any: and t��Y��•P��e"b�!.Bnt�rpi+�?,�:tq,.l.�der,in accardance with _-
<br /> ° ' the pnavlsions of pffiag�apb 8.in lieu of the payment of mortgage ins�rtc�s.P.tefniums.T bese:i t c r p s ete c a l i x d °F s c m w I t e m s.' �---
<br /> '' �'�":. � Lender may. at any time.coilsxt and ho2d Funds in a4�u���t'bb�zx�d�tbs:ths�nbtaai�`�dunt a leader for a federally = _
<br /> .'. �.._ .:r.��. related mortgage loan may n�qui�for Borrower's escravi.accaunc wtider thq f�:H,�af,E�ate S�ttteacent Prooedures A�of __
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<br /> �. .:a. ,: ��'!4 as amended fmm tlme�iv cim�, 12 U.S.C.Sectioa �.fi0,1'�e,►:aeq�("ti�SPA°},'au1,a�5 aautber taw titat agplies w the F t�t�d s -- -
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<br /> r ��.�.,;'.. �'r sets a lesser amcnrm.�If so,'i:,r�uiec maY.at mry time. oo4e�x��nd 6o�d;Fnads in au a�nt not to exceed the lesser amount. _
<br /> ,., s:°.: _ I.ender may.�:the anioimt of Fuads dus on the basis of curreat d�ta and reasona6le estimatesaf expenditnnes of fatuce 4 . .
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<br /> Esc�a�Itt�s:at,+��,�irtse frk�ondaace with.aPPlicable Iaw.
<br /> :� . � . . ;•�L�yf�l���i�t�;6e I►e!d in an iastitution whose deposits are insurod by a&�deral agenc�. u�stcum�4tal,it�,.,or entity
<br /> , ` r '« (�;��'f,�;=��;kndes is such an Institution)or in any Federal Hocr.�Loan Ban�c.Lender shall apply th�;F1irtl���.P$Y the
<br /> ;. ,.�. �si�M`��'�ms:f�;r��r maY not c�►arge Boirower for holding and applymg;�e Funds,atmually analyz�a�,�d,�e e�s�a���isun�or
<br /> ,!t � ., .'"';�f�` �, �v@i�ifXing the Esc�a+Items.untes9 Lendcr paya aorrower intcrest on the L�uud�and applicab2e la��is.3.ender ta�ifiake such
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<br /> a ch�rge.However.Lender m�t.teguire Horcower to pay a ano-rime cha�:fbr an independent�ea3�e;tii�'tdx rePorting service
<br /> .;° ' ��'��, % '� �:�, Le�tder in connecaio�:� this loau. anless appll�able taw pmvides otheaarLse. Ualess=ail ageement is maQe or —_._�
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<br /> 51e law requires irite}asi xo�+i paid.[�ender shaU nos 6��aired to pay Borrativer.any intemst or eamin�,v�#s�ce Funds. _..
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<br /> :�'��jY ' `' ,�,t' .` , Bormwer and l.endet tqay agree in writing,.however.that inLerest shaU b�paid ou�f7le,�tu�Qs.L�nder shall give to t�orrawer, –°-_
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<br />-•,.,.,,- Y a�ttiont thsr�,��mttal ar<x�unting af the Funds,showin¢credits a�t.debits to the Fnads a�d the pwyose far ahich each
<br /> ' i�,`�"�:� •,: .� ..` debit w tiiee Functs�.was made.The Funds are pledgeaas addidonal securit�for.all sums secured 6y this Seauiry Instrument.
<br />; ,;�� ' �`�� ''���'`� ,3f the Funds held by l.�nder exceed the amounts pemiitted to be held by applicable law,Lea�der sha11 aa:ount to Borrower
<br /> ;�r, t'�;;-,�:°��� for�;�.excess Funds in aocoidanc$with the requiremenu off..applicable law.If the amauat of the Funds held by Lender at any ,
<br />-���: � '4:���r;:�;`;, tirn�`�s not sofficignt to pay the Fscrow Items when due.Len�may so npUfy Borrower in writing.and.in such case Borrower
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<br />:: f�'�°�t):'�•`�`� •sh�l pay to Ix�der the amount necessary to malce u We de�cieacy.&u�ower shall make up the defictency in no more
<br /> .�F��`��h,.s�',�-���"` .,',., nts.ai Lender's sote discre:tionp . . ,
<br /> •',, `�,,.'-; tv�elvs a�oAih1Y PaY� .
<br /> ;f �•�� ;"l�.'pon payment in futi of all sums secured by this,Szcarity Inst�men� Lender sdall promptly nefund to Bormwer any
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<br /> � �•. f�s tdetd by Lender.I�,ander pasagraph 21,l,endet sha�i�r�gvire or sell the Prope:tg:,.Lender,prior to the acquisiflan or sale
<br />�.�jr-"� •1�� ��� of t21�'T'rbperty,s1ia11 apply any Funds held hy I.ender at�ie.time of acquisi6on or szill��a credit against the sums serured by
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