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<br /> . . - TMiiETHER VI►ITH all the impmvemeuta now or heteaftea erecte�on tl�proge�t}+.anA aB easemeats.aPA���• 6-
<br />''�:�� ' �`S`, �"�` fixt�s now os hereafter a part of the P�P�Y- � RF� and additions shali also�e oove�+ed by this 3ecurityr r��-_
<br /> ... . Instrument.All af tlt�foregoing is referred co in this S e�u ltY I n s t r u m e n t a s t h e"P r o P e rt Y•" � _-
<br />, -�%,-�y�"'' BURROWEtt COVE1�iANTS thai Borrower is lawfully seis$d of the estate hereby corneyed aud has the aght co grant aad .v
<br /> � ooavey the QropertY and that the PmpeAY is unencvmbe�.cxcePt for eusannbrances of recosd. Bonawer wanants aus!m71 =-
<br /> .:;_.:�::.:<.;' ' �
<br /> �; ;: -�: def�d 8enerallY the titie w t h e P m P z rt Y a S a i n st alt cl�as aad de�ands.sub,ject w aay eacumbranoes of record. --
<br /> ect
<br /> � � . TfIIS SECURITY IN5TRUMENT cam6ines uniform covenants for natioaal ase aad nos-unifoim covenants with l�ted �._
<br /> ..-. - variations by lurisdictian to constrtute a uniform secoricy iastrameat covetiag reat pmpertY• -�
<br /> '. -��;<" iTDTiFORM COVENANTS.Borrawer aad Lender covenaat and ag�as foltaBoirower shalC`PmmP�Y PaY when dne the . ---
<br /> �t of Prlad�eal and Ltte�t:Pe+ePeYffi�st aad Late Cbar�s•• � _
<br /> :`. . :" i• �� the Note ac�any pr�ray�c a�.late shaiges�ue pnder the Note. .: : �.-
<br /> r prinicspal of and inLe�st oa tir�de6t evide�bY �- ��,g�wes shaU.Fay tu
<br /> � r� �..,;,:���£p��as�,�l�uqa�oe. Subsect to a�plieabie law or ta a wr�-����� 1 . �r. a earI � ' --
<br /> ,� ' ,�. < � �ad,�'�.a�,�'��a°a'-Fs'a�ts a:e due nndea t6e Noce.u�7 tk��Laste is pa�d.�����°��) ( l Y � ' __
<br /> �.,�r t�?�. .�' ,��'Y�.`'�'��rerthisS�_�asgueuaa��r�,�`'��X����,
<br /> J. � � � ` � .�2i �����9�-'���:�cep�u�lt�3"�5'� , ��' - -
<br /> �r, . ��?�4��int�.�F , �" � �r,tr3(fl �Y�Payable by Bono�`er'�p�,��� � `
<br /> r�:.;.� �.�.� :��,��'��e��'�oF��.��'�'`�sii�a�,�pr��ss' �' ce T�eae ite�aTe called"Fscmw It�-�'. '� .
<br /> `�`'��h of mortga�� Fnauums-
<br /> .�z ����f� �=i���;�b`8';t�Hect�E'�.�Y� = -
<br /> :,.,:..�."� ` /:endea may;�:sauY t�e'. oo}led and t�aJle��ands in an amou�not w excxed the maximam auao�iint a tender far a federa9�'
<br /> ti�e federal ReaL Estate Se�titewent Pracedures A�a oP _
<br /> ��` � �mortgage loan may cecluirc far$onower's escrow acxauut under �s to th�e Funds,. � --
<br /> ,'��� :;,�,� :
<br /> 2974 as amcaded from time w time, 12 U.S.C.Se�xion Z601 et seq.�("�PA").un[ess aa�thet!a�'that aPFI� -
<br /> � -;,':";:� , sets a lesser amonat. If so.Lencler may. ai eaY time. co ll e c t a n d h o t d Fuads in aa amwnt.nos to exceEd t�e les5�r a�sUni. . _
<br /> ' ` � .Lender may estimate the amouttt of Funds due on the basjs of current data and reasonable estimat�s of expeadit�ues of fuuu+e
<br /> - .��:._��:� - Esce+nw Items or asl�erwise in accordance wtth applic�ble law. � ��;�y� or eutity .
<br /> ., . . �•: � 'CUe Fuads shall be held in an instiadoa whose deposits are insured by s federal 88encY• I ��Funds w pay the .
<br /> �;'��';. .,�.:.;��.�_ • (ituiading LErtdec.if Lender ia such ea iustitution)oc in any Fedetal Name Loan Bank.l�nder shall aPP�e�w a�oum.ar �
<br /> 7 �� Escc�uw Items.�ender s�y not c6arge Sorrowec for holdis�end applying the Funds.annuaily aaatyzinS
<br /> . '"�. ::��.�
<br /> . .;.:h vetifyiitg the Escrt+w Items.ual�ss Lender pays Barrower interest an the Funds and appl�cabie�ta�at�te�t�ax.��n�se��r�e
<br /> _ • ,._".� a char�e.Ho�rever.Lender maY require Barrawer to pay a o�-time chas$e for ar��d .
<br /> • ':;'.� used by Letider in connecsion witb thls Ioan, u�tess apAlIcabie law provides othetwise. .UAless an agteement is m�de�or
<br /> ' aPPlicable taw teqaires imerese to be paid.LRrtder aGall aot be tequired to Day Borrower aa�imeresc or•eaminSs on tt�e Fua�'s�.
<br /> ' �.�.�':,
<br /> � :� , ,F Borrawer azad Leuder ar�iy agcee jn wtittng..however. that.inte�est sGall�be paid oa the.Fuuds.Les�der shall B� for wt�i��i���
<br /> .',''.,",,..; �''Sf ariWout citarSe,as�annuai aabanting of the Fwtds.showing cradits�sud debits�ta the Fur�3s and tha pusp wt
<br />'�'; � `�i
<br /> ,-�. �Y.—;.�- debit w the Fuuds was made.The Faads are ptedged as addidnIIai secnritY fm a!1 ��1�[aw��r shall�sa�uum.t��n�rrow�r� : _
<br /> '_--°€, if t6e Funds held by Leader e�eed che amounts permmtce�'to b¢h¢td by aPP� - -
<br /> _ � ."`_=�-'� for the ex�ss Funds in aocor�anse wiim riee rr�ui+�ts�sf��'e la�:�. Yf!h=amesus'•o£•!hP�s�s�L47d•hy•Iaadr�i r�:�tty;�;'
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<br /> , v� u,c��casGBo�,ronrer
<br /> . • � � s ent to the Esce�w Etemse�Ycen de�.LEader may so aotify Bortawer in�rr+an�;.�nd+� 6 vi+�thaa .
<br /> :'�i,,'y,'r time is not uYfici PaY d�ctd�n �wn,no
<br /> ,�,; t�..Ics. the defi�Iency. Borro�ver shail make t�t� '�?:. � 4�!
<br /> �`'' sha11 pay ta l�der the amannt n�cessaz�l;4Q � 4� . �. .;s,:�,� .: .�. .
<br /> �;',:. .r�"y.; F�•,�,'� ��.�
<br /> � {` `�•r� tweive monthty payments.at I�d�e's sa�$�CCetlon. �% � '��' �
<br /> 4; j �`� (1 n�.g�,�,37nent iu full of aU'su�ss,�scured by tlris Securit}�_�strument,Lendes sl� �xuptty lefund•to•�td��ch�,+�t�+=x�5+
<br /> � `•• "j`�'``` � d 2i. p '
<br /> . . ..; ,�; �# Funds held 6y Lender.If,�under para�' t�eader sball acqai�+a�r sell the Pro �Y I+����r to the ar.qinsid'on a��s
<br /> � � ���.'# ` of the PropertY,shafl app3y any Faads held by Lender at the t�me of acquisiaon or sate as a cr�it agaimt the sums sec�b��j '. -
<br /> �,. .. � �� . _
<br /> `,:-;�;`�,;��j � this Security.Insuvment. mentsie�ved by Lender under patu 'g,i��a _
<br /> • �"�' � 3.A�isatton of Pbyme�s�L'n��s appiicabte Iaw pro�ides.�i�E�7wisc,at�PaY able under a �'
<br /> _ F, R (�
<br /> . `•�'�:<;e�;,. � a em¢har�es due o�a�s�1i�.Note:seoond.to t�ioiunts PaY P� ��: •
<br /> . �f+ 1 aad 2 s�.3'.6e applied:first.to ar=a�Y°i � ` ,��
<br /> � : ,�i' � third.to interest due:fourth,to'Prina�',��due:aad last.w any tr.t�i�'wi,�es due under the No4�. 's`°, . _
<br /> - " i`• q.t'�a r ges;Llens.Sotrower shall pay all taxe�.assessc�+�;cAa�ges,fia�s and imposidons attn'butab2e to the�roperty .
<br /> : ,� ;�` . wbith may attain prlority over this Secuiiry Ins.�ti and�ic�i�h'a I d paymen t a or g t o u a d r e n t s,i f a n y.Barrower shaii pa y
<br /> � .�:.,,
<br /> . '.���;.`� .:.;'f�:".� t h e s e o b l i g a b i o a s i n t h e m a n n e r provided in p a r a g r a ph 2.or if urt?��it�in tliat manner.Borrower s�aU pay them on time directlY,
<br /> ..,,..:��r�i. u -
<br /> � `l=p,_ � pnn furnish W�'.�rc2�r ail not�ees o f�unomrts to be p a i d u n d e r t h i s p a r a g r a p h•
<br /> '�•: ,�i to the�erson owetl PaYment.Borrower st�ali mPt1Y
<br /> '� If Borrower make.s thess gaYments d'uectly.Borrower shall prompUq fnmish co Lender receipta e�+idenciag the Pal+��. _
<br /> �` gatrower shall�pt�Cty discharge any lien which has priority ovec this Security insuumeat Unlesg Burrower.(a)agrees in
<br /> �. � . ' wrldng to th�payme�t oi We obli�atimr�sec�by the lien in a as�nccePta6le to Leader:(b)¢ontests in gaad faitb the lien .
<br /> • • . by� or defends against enforcemenE of the Itea ia, legal Pro�ib��'�c� in the E,eade�'s op�ruon operat$to preveat the
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<br /> � � enforceme�ot the lien;or(c)secuses from th�holder of the lilb!nn�ogtaemz�sattsfactory to 1.end�t'sui�ardinating the tien to,,
<br /> � � . . thls Securlty 1ns�rument. If I.Ender det�ne�e that arry part of the lk�perty is subject c�a tien whtch.may atta�n prioriry over
<br /> . tLis Se�tity Insuurnent.Lender may p,�ve Borrower a notice identifyin$the iien.Borrower shall satisfy the lien or take ane or
<br /> •+. .�' more af the actions set forth a6ave within 10 days of the giving of notice.
<br /> • Fartn 80�1 9J90
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