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<br /> %13fk�r, :� t�t�: ': �Pmteu�: a.m3 �now or hereaRer a�of the Pr'nPertp• AIl ce�:acaaeais. � addiaohs;s�all also be �
<br /> °_..:�`•� , ,`'��� . anvered�t�aia 5�caritY�ument. Ail of the fo in ts referced to in t6is Se�auitq Ynstrumeat as the°Ptoperty.�
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<br /> �:,,f.. �:..-;�<•-�° BURROW�t� CAVENANTS that Bomnwer is lawtully seised of the�state hezeby comeyed and has t��dght w ---
<br /> �'' ' aad aamey tite Property aad that�the Property is uttencunub�d, euept for euwmbtactoes of reoord.�Sotmwer -
<br /> ' "� .�- �sad�1t��rel�t3�titte to the Pm�rtg a�ainst sU ctai�o�s aud dC�ds.snbject to snyeacamb�ac� -
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<br /> • ofs�cord. -- _
<br /> - .,.,:;°_�°� � THIS SBCEIRYC1i INSfRUdVffiN'f oambine9 unifo�covenants for nasianal use and non-unifoesu covenants aith �,.°
<br /> . � lImited variatlons Dy juriadtctioa W canstitute a unftorm a�stity lasWm�t covuJng reat QrapertY• . - - -
<br /> � ' �..�'�� UPtIFORM COVENANTS. Borrower aad Lender coveaaut end agiree as folloas: �
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<br />- --_{�---�-'- 1. Pa�ar�t ofFiindp�l and Iaterest; P�aYmr�t �d Leie Q�6�- Borroaer shaU pmmptly pay when dne We =-
<br /> princIpal of aad iaterest aa the debt evEdenced by ihs Nate and a�►OnPap�nt aad iace c�ar�es aec aa�,r 'a`ri�. � --
<br /> � ��;.'' � 2. F�ds foa�aafl insa� Su6jecl W epplIcsble taw ar to a wrlueu waiver by L�der. Borrawer aha3l ___
<br /> � .. , n,� pay to tmQer oA the day�sonlhtY Pa7►�ts are due under,the Idote.untll We Nate is pa3d ia tU11.a stun�"Funds�}.
<br /> . '` .�° for. (e)1�ar1Y taxes and ass�ents which may attatn pdorIty over�his Security Instrument as a liea on the.Pmpelty: .
<br />- -- . _�, ���� . I�) Y�ly tea�ehoid paymenta or gmuad r+�ts on the PcopcnY. if aay. (c) Y�Y�� � P�P�S► �n� . . • ._ ._
<br /> � pnemi�: (d)Yc�r1Y ftood lnsurance'premiums. tf enp:(e)Y�Y�nSa� ��ce premiums. if a�►Y:and(�a�► -
<br /> •`�;����� sumg payabte by Borrower to t�er, in accorum�ce wicb tue pcdi+� ai�ar�� 3.is�ss cf s� ga�,�= of __ .-
<br /> ' � mortpge iasuraaae pcemiums. 'IBese Iteins are calted °Fscrow Items.° Leader maY.at anY!i�e►collect aad hold .
<br /> . � :.,•�?. Ftmds in an asnaunt nat to eace�0 the maxtmum amount a lender for a federaUy ielated mortpge 10�may requica -------
<br /> � . `' .� for Boirawer's escxow ac,00unt under the federal Real Pstate Settleanent P�acedures Act of 1974 as amenQed frons ti�
<br /> . � ; '' to time. 12 U.S.C.§26Q1 et seq.(°ItBSPA°).uate�another !aw tbat epplles to the Funds sets a tes.ser amoun� Ii
<br /> , ;- sa.lendet may.at aay dme.collea and hold Fuads in aa amouat aot W exoeed the lesser amount. La►der may �_.�
<br /> . . .::.;}�"..� e�ttamte ihe amouat of Fwtda due oA the basls of a�r:ent �Iata and reasonable estimates of expeaditures of fntoY¢ �
<br /> �' Fssrow Items or otherwlse in a�wrdaace wtth aPPlicable taw. ,
<br /> .a«;::: ''��' .� 'The Fuads sha11 be held in aa tnstituHoa wh�se Qeposits are insu[eA by a fedetai ageucy:insq�ity. or atiiy _
<br /> >°� � ` ". (tneludia� L�der,t�Il�der is sacL an IasHtuUon) or tn�y Fed�ral!i�.�roau Sank. I.euBtr shabH s.�Iy the�Fmr�a
<br /> _- .;- �t� • to pay t�Esctow Items. Le�der may noi charge Horrower �tiol�a�d applying t�e Fua�s.�Y auaJYzMg __
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<br /> ' ' � ; �' the escm�accwn�or verify�g the Esctow Items.unle.s.s 3�et��ays Horroaet lnter�t on We Fi�ds a�A appiit�ie
<br /> .. ' �; � 1aw gem�its Ixnder to matce sucb a ctsarge. However, Le4d��Y�+N� Borrawer to pay a one�time charge for mu
<br /> .�.��;��� independent real �� tax reQorti�g servtae a�d hy Lender ia conaecbion with ttils loan. ualess �plIcable law �
<br />- ' ' � � � provtdes otheiwtse. Untess an agreement is�or applicabte law requin.w iaterest to.be patd,l�r sha11 not 6e
<br /> , ;.`° required w pay Borrower auy Interesc or earn�,;a on the Funds. Bomuwer aaG Lender mayr ag�ee in�ua6�ng,however, -
<br />-: . � .' : �:. that tuterest shall be paid oa We Fiur�s: Leader shafl giveto Bo�wer, w(thaat charge.aa a�ual acccuntiug o�We .
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<br /> �•� � � � Funds.ehow�ng credIts aad debits�o�e Fu.ds and the purpa5e for which each debit to We Funds aas made 7'he
<br /> �• ,..: �� � Funds ate pledged as sdditional securIry for al!st�ms sea�red by this Securlty Instrnrnent. . _._
<br /> , , ti the Fands heid by Irader eaoeed�he �eats geimiued to 6e held bY gPP�cable Iaw,Lender s'�a11 accauat W
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<br /> ��.: . . Borrower for the excess Funds in a000nlance wiQ�ths requimmente of appltcable law. If tLe arnaunt of the Fna d s tiet d _.
<br /> � ' �. by I.ender ai aay mrte is not sufRcteut to pay the Escrow Item4 when due.Lender may so,notify Borcawer ln writiag. Y
<br /> ... � and.in sucb case Bomowet sha11 pay to Ieudet We emoant aecessa�►w make np the det�cler►cy. Botcower siiall snatie --
<br />-_ �`' up the 4eftctency in no more than twetve�aonttilY PeYm�ts. at Lender's so2e discretion. �=,�„-__
<br /> � �1Pon Paya�eat in ti�U of ell snms secured by tlils Secudty Inswmeat, Lender sball pmmptly�Nad w Bo�w� �{ _.
<br /> aya�en �
<br /> --. any Fuads hetd by I.encter. tf.u�er paragraph 21.Irad� sl�a1! aequi�e o:seri Qte Property.
<br /> - - acqutstdoa or eale oi the Pcope�tp.sball ePD1Y�Y F��td by LenEer at the timE af acquisition or sate as a c�edit � �'`
<br /> agaiast.the sua�s secured by thls Seaulry Iaswment. �1 paymeats received by Leader un4er �:,-.,
<br /> ' 3. App]k�tlon af A�yme�fs. Ualess applicable !aw provides othe�ise,
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<br /> . . parag�aphs 1 attd 2 shall Ue appltod: iI�t.to aaq ptepaymeat chazges dae under the Note;second.to amouNS paya62e �`_. �.
<br />— �. ., � un d ec paragrap h 2;t h i r d.to interest due;fancth,to principai Que;end tast.to any Tatc clta�pea due nnder We Note. ��_;r;;
<br /> „ ���' 4. (�arges:L�. Borrawer sLall pay a11 tsu«s.asse.asments. charges, tiaes aad lmpositions atuibutable to the L-
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<br /> pmperty which may attain prladry aver thfs Sesurity G�swment, and teasehold paytneuts or gmnnd reats. itany. �`°'
<br /> .. __., .'..-., Bortower sha11 pay these obligattons iu the manner ptav�deA W paragreph 2.or tf aot Qa�d in thae maaner. Borraarer
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