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<br /> . `.� . . TOGETHER WITA all the impioveaients auw or t�er�af�r a�tad oa the progerEY.and aIl eas�mwts.aPp enanoes, .--
<br /> -'�' -;�� : . pil teplssoemeats end additions shali also be covered bl► th'ss 5ecx�riry ;
<br /> , ' fixtures now or hereafter a part of the propectY• ecx r ; .
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<br /> � '�`� L�sdvmen�All of the foregaing is cefer�ed to in this Security Iastruaient as the°Property. . . :
<br /> ��- BORROWER C�VENAPiTS ti�t BorrowEs is lawfulty seised o�the estate hereby oomeyed and has tt�e right to gr�t and ;,
<br /> t �! _ - oom the Property a�d tbat the Praperty is uaen c a m b e c+e a.e x c e P t f a r e n�a f re m r d B�rmwer war�ants and will ' �-,;:
<br /> � the title w the Frnperty agamst all claims and demands,subjea to any entuwbranoes of�ecord. .
<br /> � defend�geneially . (�. . �
<br /> . �•. '; THIS SE�JRITY INSTRUMENT combiues uaifosm covenaats for natiaaal t�se and non aniform coveaants wIth limited �^_,-
<br />,. .:. :�_�: � •
<br /> - var�ations by Iurjsdlcttoa to constimte a tmifurm securIry instrumeat caveting�pmFertY• ;�� ----
<br /> � - UISIFORM COVENANTS.Boaower and I.ender cave�t arid agcee as fol2ows: r ` -
<br /> �t and Late Cbazges. Boaower shall promptlY PaY whea dne.the ��;4:
<br /> � : 1,Paymant of Prlaripal and Inter�t;FrePa9m a and tate charSes . f '_-
<br /> �` princigal of and intenest on ihe debt evidenc�by the Nate and anY P�Y� dme vuder the Note. , F�. :.
<br /> 2.F t�a d s for Tases a u�I n s u r a a o e. S n b J e�t n e P P l i c a b l e�l a w o r t o a a r r i t L e a w a�ver b y Lemdei.Boirower's�a11 pay to �..
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<br /> �r;l tender on the day m�y paymems are due auder the Note,until the Note is paid in fiill.a sum("Fands")foi=(a)Y�r1Y� �� -
<br /> •- ., :: , � � a n d a s s�a t s w 6 icti ma y sttain Pr�ori ry over this Seca�ity Iastrumeut as a tien on the ProgertY:@3 Y�Y�ehoId paytn�is . '�
<br /> ms►nance r e m i a m�(d)Year tY f l o o d i a s�a n o e p r e r a i n m s, ".•;`-_`_
<br /> ' .`;�. ,'.'• ° �' •ar�ground renu on the Pmperty,if aay:(c)Y�1Y h�N or pmperty' P ;_:_-
<br /> ; if anyr;(e)Year1Y mortSa�e�nsoraace pm�*+�*^a,i€a�►Y:and(�aay su�s payabte by Honuv�er to Lender.in a000rdance with j���-
<br /> ': ._ ,'•' pa�a�aph 8.ut li�of the paymeut of mo�t8age�smr�ce�°�.These it�ems are called°Fscxov�Itemg." ��'
<br /> ` the Qmvisions of ems ---
<br /> �<'' �'�;. .'. .:� I.ender uaaY,at auy time,ca}lesx an�hotd Fands in an amaunt not w exceed the maximnm asnonnt a Iender for a fedeialiy =_
<br /> ° ''�"` `� retated mo�e.loan may reqaire for�arrower's escmw acxouni undet the fed��Estate Settlement Prooedares Act of --
<br /> ; ,;r` lie,c to the Fnnds
<br /> j•. r _;: 1974 as am�ed.from time w time. 1�Q.S.G Section 2601 et seq.(°RESPA"},antess anotY�er!aw tt�at app _
<br /> , ` .: �:�: 'aeis a lesset amnuA�-If sg. Lender may,at any time. oolted and hotd Funds in en�nount not to eaceed the le.�ser anmun� �--_
<br /> ' L�nder may esdmate the amount of Funds due on the 6a'sis of currens data ami�reasoaable�tima�of eapenditnres of fuWrc __
<br /> . ' • .. `:_ E�crow Items.or otherwtse in aocordance with applicable law. ` eAv iasuvmea�tal�ty.oz e�j► . _
<br /> ^:��,u�t� '; ��' The iE'r,t�ds sbal�_be ttek! in an mstitudon whose deposits atcee insnn�l by a f�eea} aS 9•.- I the Funds�o the
<br /> :. '.:.�..� , „; ('iACtndin��,if Lcndet is sach aaa i�,stitudon)or ia any Fe�eral Ho�ne I.oan Bank.Lender shall aDP Y F�3' __
<br /> .,�;., . ..� Escmw Iteid9:f�endet maystot cbarge Banmwer far d�!ding and applying.the Funds,armually anaiyxing ci�e escrow aaouat,or �
<br /> ��' v the�scm�a+Itezk�nniess Lz��r pays�omaw�r inie�esi on the Fuads and'applicabie taw pexmits&�der w mage sach --
<br /> �$ �usrower to pay a one-titt�chsrge for 8n indepeudeat rcal csfate t�.��sesvice ,
<br /> ' a cuarge.�o�vever,I.ender maY req�is'Z n �..
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<br /> �Yf� use�1.by La+uder in wimeaion with t{iis-lnan,•untess applicable Iaw provides otherwiss. Unless an agireeme� ia ma3e or _
<br /> • �' ` ' appl�cabte.�la�+requ3res Interest w be�pirl.`:�f:ender shall not be required to pay Bosower aay n�t�st or earain&s on the�s. . ' .`,�- _
<br />_ }` , 'j:.`�:' ` Bonower and I.ender may agree in wridng,howeveir.that iateresE shaU be paIB on tite Funds.Lender shall give ta Ba=��r. � :.<;.;'7 �--
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<br /> �:_,�� - without charge, aa annua[�xounting of the Funds.showing cr�iits aIId debit4 to the Funds and the P��far arhich�roch: �' _
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<br /> •.':� de6it to the Fwids was maQe.The Fands aze ptedged as add�tional secarit�►for all sums secured by this Security Insuament. . -
<br /> .:�• If t���unds held by Lender excee�the amont►ts permitted w ba heid bY aPPUcable law.L,ender shall acconnt,to Borrower , _
<br /> � ;,..':; ;:f for the ex:.�ss Fands in scc.ordance with the recNirements of applicable Iaw.tf the amount of the Fands held by I.endes at a�+ —
<br /> :•'t diae is nat s�ciea�t to pay the&cxow Items wlten due,Lender may so notify Eorrower in writing,amd,in s�}o1►cas$Eormwer . —
<br /> ' .•';; ��; sBali paY tn Lendet th��nnt aeoessary to make.L�the deficiency. Borrow�bha11 make W the deficieiuy.�in no.more tl�aa �.
<br /> : :T "';.aretve moathly payme�s;at I.eader's sole discre�oII. . � � :. . � . �
<br /> � ' ��i UP�.�Y�nt in fY�i!of eU sums sewred by this Security Instrt:.,.^r�^�.,�Lender shail promptly refund to Barrower airy . .—
<br /> . � .:� -•; � Fnnds ne:�f if�Zender.If,wide.r pa�21,Lender shat!acqu:c�.,oz:fi�ll the P�apertY.Lends�c,prior to the acqnisid�„�z�rs sate
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<br /> • ` �f the pRa}�r,shal!appiy a�y Fm�s iield by I.ender at the tlme vf acquisitio�or saYe as a Credit agsinst the sums sewaedf'�y.� �_
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<br /> ' ± . 3.���,pp oy p�ymennts.Unlcss applicabte law provides�o�ise.xIll b�Ymcuts t�elved bY��under pas�aphs � u-_
<br /> -. '', �, '• 1 aad 2 s�.be applied:fiist,to anY�rePaYA►ent cha:ges due imder the Note;��secoad,W amawms pa�yable under paragrnyh 2: .
<br /> . . � � 5, third..to ir".x�t dne;fourth,w PrinciFa!due;aad las�to any 1ate chaiges.dns under the Nate.
<br /> ' ?� 4.Cht�es.Lfcaq.Borm�ver sball pay all.taxes,assessmeu�s.charges.�es and imposittons attributable to the Praperty —
<br /> � � : : which maY auain P���over this Security Insauaie�,aad teaseRold pay��s or ground tents, if any:�oirower shall pay ----
<br /> . � : these obligations in the trnarmer provided ia paragraph 2,or if rlot paid in that � r.Borrower shail pay��sn 11me directlY :
<br /> . .; � to the peisa.�►awed payment.Botcawer shall prompdy furni.sh to Lender all naiices of amounts to be paid tmder this{saragraPh• , �`_",,
<br /> .�'.,� . : • � IE Borrower makes these payments directly,Barrower shall pmmptiy farnis6 to Leitder receIpts evidencing the payments•. . ��,�
<br /> :.'��: gorrnwer shall promptty d3sd�arge any iten which has prlarIty over this Securiey tnswment unless SormRer:(a)agcees in �., ..
<br /> . ' . � . � @'w-=
<br /> writing to the payment of the obligation secured by the lien in a manner acceptable to Lender.(b)oontests in good faith the lIen
<br /> � ',� by. or defeMs ugainst¢nforcement of the lien in, 1ega1,proceediaga which in the Lender's opinion operate w prevent the ,.. �._
<br /> ' ' ! enforceraent of the lien:or(c)secures from the hotder of the lien aa agrcement satisfactory to Lender sabardinating tlne lien to �,♦;,
<br /> - .�_;�y .'� ,1 tius Sec�ity Iasuument.If Lender determines that any part of the Property is subject co a lien which may attain priority over . `y:_
<br /> �t _
<br /> �.� t h i s g e c�r i t y Instrumeat,Lender may give Borcower a nodce identifying the lien.Bonower stiall satisfy the lien or take one or _
<br /> ' � : t more of the sctions set forth above within IO days of the�ivlag of notice. � . ' --'-
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