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<br /> ..'�1 8IId 31�Pse�—PnLS�Sp��EIId 5�-,F;
<br /> n .�� F 'f0(#EfHER W1TH all the improvements aow or here�fter e�ed on the ptopeny.
<br /> O(# u and ffdd'irians sha11 also be oover� by this Seaudcy �.,
<br /> .`` fixtures now ur hete�er a Fart of the pm�sertY. All �asthe'Pro � . ��°.:
<br /> `��� EnsUUment.All of tbe foregoin�is refer�l W an this Security P�Y•"
<br /> .. �,� that Bor�ower is taw6Wty seised of the estate here6y oot►veyed aad has the rigt►t to gtant and �`:'-
<br /> <a°< �,, Bo�taw�x cov�.N�v�rs. `,
<br /> .� � ..€<; �x is uaeucambeced,excePt for enaimbrances of reco�+d. Bom�wer wanants and wi11
<br />`� . comrey the Progerty and that the PropertY 8ranoes of reoord. r
<br /> �, � to t6e Pro against a!1 claims aad demand5.subject to aYry encum. _
<br />� the title P�! limited ���`
<br /> ` . defrnd genera]IY --
<br /> .. '..��_`� ..' THIS SECUEtT�Y INSfitUMENT oombuies uuiform wvenants for asitional use and non-aniform covenants wiYh Y
<br />� ,::�. `.;., urisdirxiun ta constiwte a uniforn�security instr+mR�t aovezinS real PiaP�Y• �.'_.
<br /> ,�' . •�,�� variatioas by j
<br /> - -___�°_�- UNffORM COVENANTS.Borrower aad Lcader covenant and agree as foltows: -.--
<br /> aad� �Pg3'm�ad aad Late C9�m�ge�. Borrower s1�all promp�y Pa5►when dae the p�
<br /> . l, Paya[en3 of I'ctndpal and late cbarges dne ander the Note. �.a�.:
<br /> - �p�i of and in�r�t on the debt evidencea hy ihe NNc�te and any►9��
<br /> Z.�ds ltor Taaes aad tnsatuace.Subject to applicable law or to a written waiver by I.e�d�,Borrower shall pay ta �._
<br /> :'�,.�; ;;..`:?••:.'� m f�U,a som("FuIIds')for.(a)Y�Y� `°.`- .
<br /> , .... :�:�,. iander on the day monthtY DeYsneass are due under the Note,antil the Note is paid" leasehold payments —_
<br /> `� : '�,`. assd ass�aents wIucfi may attain priority over this Socurity Insuument as a.lien on ttie�ProPenY:(b)YeaziY �.
<br /> or ground t'ent�on,tue i�roperty,if ac►Y:(c)Y�rIY�°r P�P�Y�p�s:(d3 Y�Y Rood insuranbe premiams. _-_
<br /> ,, en .if any;and(fl anY sus�payabte by Borrower to Lender,in acarrdance with _
<br /> '�-,,''r. y i.f a�. (e)Y�Y me�ge�'ance Pmmiun�a ums.Thess items are caUed°Fscrow Itams." ---
<br />._ � ' the pmvisioas of para�aph 8.in Iiea of the�iayment of mortgage insusa�F� ___
<br />}-,"-����:���•T`�Y� I.ender may.at a�r time.oollect and hold Funds in an amount not ta excetd the max�mnoum a teuder_�£b�',a fedeza}ly �-
<br /> ..� ' . . �a, ce4ated mnrt�aSe loan may req�tire for Bomuwer's escrow ao46��r the fedezal Rea1 Fstate Settle�teat Pnioedurea Act of - -
<br />�::,:,..;•.:��, *. ___
<br /> 1974 as amended fmm time to time.12 U.S.G Sectioa 2601 et seq.("RESPA'),�ntess another iaw ttiat appi��'t4.ihe Fnn@s .
<br /> . " � s�s a lesser ameouat- If so,Lrader may.ac any time.coIIeix and ha2d Funds in an amount not to exoeEd tise I�'saF.aznount• ---
<br />• ° •;``4,_: 'I- ' Lendet may esttmate the aawwn of Faads due on the basis of'current data and reasonable est�mates af expendit�s vf� _ _
<br /> �� .`:�°:. � Escr�nw Items or otherwise in accor+dance with appiirable law. . •" . --
<br /> ��;`: �. ,
<br /> 'Igte Funds shall 6e held in an institutioa whose dePosiu are in5ared hY a federal agency.,v�+a�e�"tY _
<br /> • _.`;, ;� � �.t�'• • l the��s w pay th$
<br /> :�:�:"• (ittctading i.ender,if Lender is suCh aa institutton)6r ia auy Federal Home Luan Bank.I.eader sGali aPD the esciaw acoouaj.�r . -
<br /> .`�,��:. Fscrow Items.Lendet tnay twt char�e Borrower for hoWing aad applying the Fands:anuuallY ana�Y�ng; �-
<br /> T ��� Borrower interest ou the Funds and applicab2e law�rmits I,ender ao make s�c�
<br /> � : .. •�+`,.;:: yerifyiag thc Esccow Item�.�nless Leader pays ent teal estate tax raporiiag s�nrtce �.
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<br /> ,•,�.,! .. Bomnwer w a one�time d�arge for an ind�nd
<br /> a c�arge.However,Leader may re�ir� �Y t is made or -
<br /> � ��� used tiy LRnder in conn�ction with tt�is toaa. unless applicable law provides �envisc. UNess an agceemea
<br /> . Eotmwer any interest or eamings on the Funds.
<br /> _ ..-.�.,. aPPlieable law reguires'Interest to be paid.L;a�ler sha!!aot be tequired to pay,
<br /> .'�:" ..�� �[.; Borrower and Lender mag agree in wridng. however.that interest shafl6e paid on the Fiuu�.Leader st�all give to BorroweF,
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<br /> � withant charge.an annual acoouns�ng af the Fuads.showing credits and debits to the Funds and the PurPase for which each�
<br /> . ��.',��.V �. ����` debit to the Fvnd$was made.The Funds are pledged as additional seauity for all sams secared by this SeA►tlty L�. .
<br />-�..,�..,:� ,� ��,,� . If the Fwi+ds i�ld by Leader eareed We amaur�gEmntted w 6e heW by appucabte taw.Ixader shall acoonttt w Hormwer
<br />'- �:�� •. - for the ea�ce�s Fuads in socordance with the requirements of applicable law.If the amonnt of the Pnnda held by i.eader at aap .
<br /> • .;,`F:` time is aot suffccient to pay the Escrow Items when due.I.eaider may so notifY Bmrower in writing.and.in such case Borrovver L
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<br /> ''' ct:1'� sbari paY w-�nd�r the amount necessa�y,to a�ake up the dcficFency:Hdma�ver shall makc up tbo_deaa�ency In no morc than
<br /> `. .�-;c�;.,,.y , : .
<br /> . .. - `•.:.;;, twelve momitlY payenents•at Leader's sofe discrecetiion.
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<br />� .`.'..;�r;:_ 'Yj.: QPon payment 1n fui��of a!1 snms secm�ed by this Security Instrument.I.ender s1�a11 pmmptiy refund to Baisower any .
<br /> � `' Fands held by Lender.If.under paragrAPh 2!,Lender shaU asquire or sell the Propert]++Lender,Priar to the aoqnis'stton or sa�e
<br /> . ,... .,., . .. .
<br /> of the Pcoperty,shall aPPiY�Y Fands hetd by Lender at the cime of soquisidon ar sate as a credit against the snms secur�d.bi►
<br /> -:��� _ . .�;:�� • this Seautry Instrume�t. . � � r�received p Leader undes para�pZ:
<br /> ,,s�,�, .
<br /> ;x,�'•;- � � �;s . 3.Applt�on oY Payu►enta Unias applicai�2e law vides otherwise.a11 paymen Y
<br /> �{.'� '�� ` ': 1 and 2 sha116e appli�:first.to anY PreP��t��due under the Note:seoond,co amounts a able under paragraP
<br /> .;•
<br /> `� ' � third.to In�eiest dne;fourtB,to principal due:and last.w auY late cMrges d°e under the Note.
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<br /> _.,°�': �'.. ;., �. 4.CSarges:Ueas.Boirawer shalt Pai►atl taxes.asS�ssu�ents.cfiarges,fines and impositions amibWable ta the Propert�+
<br /> ` � ::-�' ' which may attain prioriry over tltis Security Instrau►ent,and leasehotd payaaents or ground teats,if a�+. Borrower ahall pay
<br /> " � � . �these obligations in tl�mannet provided In pazagraph 2�or if not paid in that ma�er,Borsower shall paY thecn on time dire�dY
<br /> i�-Ax,:, �; ��� to the petson owed payment.Boaower shall promptty f�mish to L.ender a11 notices of amounts w be paid under this parageph.
<br /> ;f'�;� ;..��.:`• If BorFower cnakes these paymenu direcdy.Bonower�hall prompdy fumish w Lender receipts e4idencing the yayments.
<br /> � .. . ���'� I Batrower shall promptlY discharge any lien w6tch has priarity over this Security Inswment unless Bomower. (a)agnees in
<br /> �"`��� � � ' ��`. wtit[n$to the payment of the obiigation secured b�r We lien in a manner acceptabte to Lender:(b)contests in good faith the lien
<br /> �"� � �� b oF defends g$ainst enforcement of the Iten in. legal pmceediM,s w'hich in the T.ender's opinion opetate,t� pte�ent tRe
<br /> 11:.�.." .�—�t., . �.
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<br /> � . ,enforcement of the tien:or(c)sec,ures from she hotdes of the Iten an agreement•satisYactory to Lender subordi�atiag the lien to
<br /> � `this Security lnstrumeat. If l.ender determines that at4Y.0as�of We Pcoperty is subject to a.lien which m�y attein Prlority over
<br /> �� �' t�is S�ty�Instnimem,Lender may give Borrawer a noaoe idemifying the lien.Borrower shall satisfY die l�en or take oae ot
<br /> , �
<br />�� � �� ' ��� � ��� mote of the�aetions set forth ai�ove within Id days of the glving of nottce.
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