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<br /> . � `TOGE7`HER WTCH a12 the impsovemsnts now or hereafter e�ected oa the pmperry,aad sU ease�ments,�purtenas►c�w,a� -
<br /> �, ,�f:.`':. _` � nuw or hereaR� a pan oi t�e progsrty. AU replace�ts an3 additions shall atso 6e cove� by etia S�urlty
<br /> � .AU of e fo aiug is refe�ed w ia�is Socuriry tu�ua�ent as thc'Fropezty.' � �.'.
<br /> :,�, .., �nsttument t�► � ed aad has the d t w aad
<br /> BQRItO�CQVBNAN7'S th�t Ba�r4wer is lawfiilly seisea o!the estate bereby ton�+eY � � �i'
<br />- � `�. �� � caavey t h e Pt'cPerty+aad that ttte PmPert�'�S�acumbeied,exoePt for eacambianoes of reaord. Boirower wanaats and wiU
<br /> - �`'�.�.�- the title to the�ruFanY a8si�s�ail ttaims and demands.subject to aay eaa�mb�ames of�e.or+d. ��'-
<br /> ,,. , ::°. , defer�d get�rally�
<br /> `` 'FHIS SECURTtY INSfRUMEN7'co�bmes�ifa:m oovenants far narioaal use aad aoa-nai�fo�cavenanrs with lim�ted
<br /> �•�� , vaziadons tsy jurisdiaton ta oonsticute a uniform sec�icy iaguument covering ieal pmF�Y-
<br /> �-`,�� . UMFpRM COVENAN'1'S.Boymwer sad ltader covma�sud agree as foltows:
<br /> :r �� a8�interes� Fm�a3rtaeat snd I�te�•B�wer sbaU promPdY PaY wheu dne die
<br /> ., �.P�yaateat oY Ptiasipsl ent�d lats charges due uader the Nate.
<br /> �i;:� �; ; prinsipal of aad lmtenest oa the debt e�by the Note and anY P�FaS'm , t:
<br /> . :.�'_.+ �:- 2.Fbruls for Taxffi ead Tnaa�ce.Sub���aPPhcabl�law or w a wriuea waiver by Leadee�,Bormarer shail PaY to e{.
<br /> 1�€adar on the day rmomLIY Faym►�s ere due uuder the Note.nmui the Alote is paid#n full,a sum t°Fimds')for.taj YeartY t� � �'-=
<br /> ,, and ass�a+��Y�PTio�Y oves this Securiry Iasau�►t as a lien oa the Ytoperti';(b)Ye�Y teas�old paymeats
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<br /> • � ?' or gmund reats on the�PropertY.if aay:[c)Yeaz1Y 6a�rd ar P�'F��.suiaaoe Premrums'td)Yra:iN tiaod msiu'aace p�ums:
<br /> reo
<br /> �' ' if aay:(e)Y�Y�8���p��if euy;�t��Y�p��bl'B0n°°�er w Leuder, ia arcmdant�e wit� t
<br /> �`I' " `t 8.in liw of the paym�a o�f ma�t�aSe�sa�°e P�mimms.?hese itemg a=e qlled'Escmor'Items.'
<br /> ���..; � _ the pmvisions of paragzaph amo�mu a latd�for a f�ally
<br />. •,;,, � • ,at an time. wllecx and ho2d F�ds ia an amau�aot m�tbe ma�u�num �.
<br /> I�det m�y Y
<br /> :elated msttga8e Wan may requfre for Bmaawet's escmw acoouac uader th�federal Re�l Estate Se,ttlem�eat Procedmres Aa of �•-�
<br />_ _ �`. 19?'4 as amended from time to.time,12 U.S.C.Section Z601 e.as¢q_('BF�PA').untess,�ti�law that�PP1i�s to the Fmnds • .-:
<br /> • ,-" �� sets a les�er amo�t. If so,i:eader maY,at aay cime.collect aus�hotd Fiur,���n�amouat aot w eaoeo�!the lesser aiaanmt. �,.
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<br /> � �'`'�•� Leuder may es�mate the amnum of Fuads due on the basis of�u�at daffi��asonable�samates of expeadfdues of fnm�e -.-��_
<br /> es . -
<br /> � Escmw Items or othera�se in accor�ance with applicab2e law. � • � ��ry . _ -
<br /> ther� � are insur�d UY a federal age�Y� ��tY
<br /> . �` .'Ihe Funds sha11 be DeW in an insstinrt�oa whose d�*.�' � --
<br /> - ' in the Ftu�s ta the
<br />,�:....};.�t.,�:.:'.:. _ /�
<br /> ('msluding Lender.if L�uder is s¢ch aa insti�utisnl ar in any�al Home Lo a n B a n k.Lender shaU aPP�e escrow a�,ot
<br /> ' , " Escroa Icems.l�ader maY noi chazge 8ouow�r fivr holding aac�aPPIN�S the Funds.annuallY�aly�8 �
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<br /> . `, �., the Fscmw Items.�mle3s Lendes paYs�am�6.w��t on the Fuds aad applicab2e law pe�irader to ma�ke sacL
<br /> ; �. vertfying �'or an ind reai es�e.'taac r�pmtfitg.sernoe
<br /> :, •; "` :� � a�a�ge.Hawever,l.ea4er may r�cinue Borr�a'er`eg�•gay a v�cse chac� eAe�d��
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<br /> . ° }�. % nsal b .Lender in co�cttaa with.ihis laan,unless aPFS�hde law pmvldes otherw�..�.�TNess an���� �
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<br /> r ` ��� a�licable law requ�inu�rest to t�paid,Lender sLall not be requiied to pay Boirower suy interest or eam�gs c�d��tmds. _
<br /> .# Bomnwee aad Lender may►agree iu writing,however.[Aat sa�cesc shaii o��a ou im Fiiuw;�.�.�•�•y�,°-'=• ,
<br /> '� � ' of the FoIIds..shawing ar�diis auA.w'�s'to the Fun�s and ttt��avse for�ic�eads .,:� -
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<br /> .� � a�ithauc c�argz,an s�wal accouming :"` _
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<br /> . � � , debit w the Funds aas made.?he�aads are pledged as additianal secuiity'�all aums secured by this�5a�c.'3ity I�t�� '�'��%;���' -
<br /> ` x'��� hcable law.L�adet st�ae}�coum t�;�� ' _
<br /> . : �` ...`� ; If the Funds hetd Dy LeaQer exceed the amaunrs permiu�m be held by'app' _
<br /> • :�-.'= �_:;-�� for the excess Funds in z�ccon]ance with�e requiremeats of applicab2e law.If the amo�me of the Fuads he�b�.3:t�'��Y .
<br /> - `-�:,��: sonotifyBosawerinarit�g, .r�c�.�'hcas�t�mo�►er _
<br />� � dme is nat sufficiau w pay ihe Bscraw Items whea due,Leader may �x` _
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<br /> �PaY to I.eadet the amrnmt aeoes.s�y to make uP the deficiency.Borcower shall make ap the ;�ia nn moce than
<br /> � � , .. �.:;�}�`' twelve montlitY PaY�'nents•at l�ender's sole discredon. • ` �� �d to Boaower any
<br /> •, � � UP�Fapmeat ia inll of all sums secured bY this SecurItY Instcumen� Lender shall pmrop Y
<br /> �. ' �"-�' Fuads hel�by I.ander.If,under P�ST�Ph 21.LenQer shaU acquire or seU the Bropeny,lxnder,Priur to the acqnisition or sale .
<br /> ,.� �. : -.�. �s� . of the Pmpesry.sLall apPtY�Y FemAs held by I�nda at the tlme of acquisitian or sate as a c�clit against tlie smas s�hy
<br /> : �.,1� ,, . •.
<br /> � . �`,':�;, ' this sea,rrty,�suu�• ...: r�ivea by:,f��p�P '_� .=
<br /> ,,:;.;,�' • .:' •t 3.Appllmtionm7P�ymeats.untessapplicable law provides otherwi�;s�l paym�nts � ��`•':.;
<br /> te uader para�apL 2; '''
<br /> nt es due uuder the'."t�second.to amounts FaY�3' -
<br /> -- -- ��:.�.� 1 and 2 sl�all be aPDlieA:fltst.to anY P�P� � ,�unde�zhe?Za�e. '
<br /> ;' —•- ;. third,to interest du,s:founD.to principal due;aaa last.to asJ►Iz�'�8�, fine.c aad impositiaas attributab2e to�he Property -
<br /> ._,. .;��,... ��
<br /> ..;: i 4.C!►arge�Li�s.Bosmwer sl�all pay aU taxes.assess�5.'��.
<br /> • � ,�� . ; � wbich may att�a g��ioriry mer tLis Ser�niry 1�saument,and i�a.��y�ents os grouad�nts.i€.n�r.Bmrovrer sha11 paY
<br /> ' r them an[ime dlrecttY
<br /> ' . .: `;t:,;: these obligati5a9 i��e manner Provided in paragapb 2,or if�et pald 3#t 7�3 manaer.Boiro�ver shalb:�3
<br /> . . �'�.. � to�e.�eeis p fumisiv�,ri�`i.ender aIl aotices of ameuat4 to he paid under tLis par�caph•
<br /> ,;s,;.. � .;. .. ��: rson av�e� aymeat.B�zrower shall pmmptlY
<br /> � �r`' - '� f tf Borrower makes these payiae��s c�irectlY.Botroarer shaU ,,p�.u�ssly tLmish to l�nder cel�aa�evIdeacing the paymam. . :
<br /> . . .-�.'g� Homowes shall p;ompttY disc�ar8e any liea which ba5�ity over this Se�rity Iatuument uatess Be2mwer:ta)a�s in -
<br /> . � ';+';4i of the obli an secure8 bY the lieo in a manner�ptable to Leader;(b)ooat�ts ia�goad faith�hs liea -
<br /> . 'c:`t ����pa� � �►�t3c�a la the Leader's apinion operets w ptevemt the _
<br /> ,.:�i?.. by, or defea4s against enforameac af�he llm in. tegal precsedinSs ���,co L�der sabotdinatin8 tho liea to =
<br /> . � � qifoioem�nt of ihe lien:or te)secures from the hnlder of rhs�tien aa agteemeat .
<br /> s,'�•, : •, this Securlry Iasm�ent. Ii Lmr.i�t.dete�mines that any paii:af the Propary is subject w a lien whietr may aaala primltY ove�r
<br /> ;,:';�f�11� , ,� . this Sewsiry tasut�nt+l.ead��Y�ve Bormwer a naYa�:f�ntifying the liea$oaowet s6aU aat�sfy ttte lim or take oAe or
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<br /> � �• _ �:::�,� more ot the xcs3�ns�.s�ct fo»b abave witl�10 days of the gii�ig of norice.
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