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<br /> � TQGETFIER.WIT� a11 the improvementa now or henaRer erected on the pmperty,end all e�acmcnta,sppurte�u�cn� n►�d —
<br /> fixture� now un c�reafter � pan of the property. All repiscements and �dditiona shell also bc covcred 6y ihi� 5au�ity
<br /> Iratrumau.All al the foregoing ie rof�rnd to in tl.ts 5ecurity Instroment u the"Pcop�rty."
<br /> BOR1tOWER COVENANTS that[3attower is lawfully seised of the estatc hereby conveyed and has the right to Rnnt u�d
<br /> convey ehe Proparty and th�t the ProY►eny is uaencumberai, excepe for encumUranccs of r�.�ord. IIono�ver wan�nts and will ,
<br /> defcnd gener�lty tha ticle co�he Propeny agauesc all claa�ns�nd cfe�raandso su�r,ioct t�a�eneucmbru►ces crf xecord.
<br /> THIS SECUItITY INSTRUM�NT comb�rn�s v�nr£�rn1 c�wcn.�n:cs i,ar rtdaceoman aesa���rec"n-uc►�ifor►.n cQVemants wlth Ilmited
<br /> vuisdons by judsdiction to cansdtute a unifox��r.sccurity F,�scR�r�aeat coYeri�qB�ea6lpro�ner.e;r. -
<br /> UNIFORM COV6NANTS.AorroweQ ar.r�:Ilfonder covcnnnt and agcec#s faal�w�:
<br /> 1. Pxyment ot iMnclpwl pnd lnt�c; F"repaymeut �nd Late�Ihs�e��s. �k5n�'wc.r sfi,a78 �rWer.e�ptly �ay vvt�en due the
<br /> princ6pal of ux1 intereat on the debt eviden��:r�y thc Note aad any pr�p�;�rt�:�r.na a��d late charga.a dLi�urc�l�rt th� Not�e.
<br /> 2,k�nda[or Taxes pnd Irt�urance.Sub}xt to �pplicable IAw ur to n written Evaivas by Lens?�r,•, �J71:rJ'Nf•,-A SIIBII��IO
<br /> Lender on the d�y monthly payments arc due undar the Notc,until thc Noto is paid in r«l!,a sum("Funds")for:(;n�yearly t�cs
<br />� and asussment3 which may attxin priority over this Securiry Insuumcnt as a l�en on the Property;(b)yearJY leucla��d p�yments
<br /> or ground rents o�:the Property,if any;(c)yearly hazard ar pmpeny i�nsrr.;.:u�ce pnmiums;(d)yearly flood insurana prcmi*a�s,
<br /> if any;(e)yeArly me�rtgage incurence pre�iams, if any; and(�an}�su:e�ts payable by Borrower to Leadec, in oc�ordanc�wit3� _
<br /> the}��rovisions of pangraph 8, in Ileu of the pxyment of mortgage insur.u,ce premiums.These items ue c,�lled'�cc�:row Items.`
<br /> � Lc�r•�es may, at any time, coi"�¢c� 1nd hold Funds in an amount not to excad the mruimum aawunt a lender 'c%v:a federally
<br /> rela¢��':rnoctgage lcf�n ma►y n�i�;re.��:r S�r.r•��or's escmw nccounc uz��ier the federal �teal Estue Settltmeat Procedures Act of
<br /> � 197�F,a amen�!A.]trom tima tC�cime, 74 4�.5:�. Section 2601 U seq. t"Y+ESPA"),unless u�othes ��e�chat applles�o e}�e Funds
<br /> '; sets,�A Jeyser�in�nunc. 3f so. 1,2nder m�y. �i any time, coll�xt And holcl.Funds in an utwunc not <<��ccad the lesser smwurt.
<br /> Lz:r�!��s may estim�te the cur�unt of�ilncls due on[he basis of current d;�ca and�reasonable estimatxs of eap�nditures of futwr�e
<br /> Esv�;w�w ltems or othecwisC in�2cor��}sx�wit1�appllcable law. ,
<br /> 'IThe Ftmda shall bt he2t1 in an l�:+dtution whose deposits ue i��st�ret�bu n fetlecnl agrnCy, Instcucnentalitv. mr entily • ; �,.
<br /> , (includiag Lers�i�r,i�'L�xier is st�ch an an>>i�uiion)or in any Federal Hl�me�.�an�s►n'k•1,er�c'le�t ah�ll apply the Fur�ls xo p�r¢:,e �;..�`:
<br />`'r� F.xerovu[tems. �.�nder may not c6uge&ano+v.er for holding and s�t,nr�ing the fi�3da;AriI111��j�•AY1iPly.�ing the escrow a�ccov�wrt„��r ,�5
<br /> . .vr.ri;j ing thc�sranw items,ualess l.er,der�ays Borrower�nrr.��t�tt�the Fiur�s�aP�lic�z�3o I�+�v p�easiu L.endxu ta-rtmak:.a�.�2� _
<br /> c a u:�ia:a�&e. Nowe:N�tz,�.tnder�t:rtequir��a��pt to p:� a arre•ui*��har�e:.fA�';tn amdeptn�t33��n4 tie�t�sstRte txx rr:�!z�:u�rag se7i.�cx . . , __:
<br /> ' usod by i.etder, in ivnnectco�aa wroc6i ttr,�s �:wzrn, �aleas s}�pJir,able•q�u� pr�a�r�ci� :.�:rnarwi�z...u�u��,•�s v1 �t.:.."'�:.nt<s :•.�.�,.'.
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<br /> , apPlicable law rer�uires interest to be paid.�rr��r shall not be nquitea a-�;pa};1��.�s�wcr a7�}'anterest or e�mings on the Fut�ds.
<br /> � Sorrower and L.cnder may agra in wdting, t�owever,th�t taterest shall���oaid on the Fund�.L.endex sh�ll give�o Bomower,
<br /> � w[thout chatge, an eat►ual �ccoundng of tha Funds, showing crcdits and debits ro tGe Funds u►d the putpose far which each .�
<br /> debit to the Fuads wa�made.Thc Funds arc pledged as�ddittoaal socudty for al!sums secuced by thls Socurity Lnstrument.
<br /> • � If the Furds held by Leada excad the arrw�u►cs permined to be held by applicable law,Lender a1�ll accoun��o Borrower
<br /> 5 fcx the excest Fuads in aoocMd�noe with the cequiranena of applicahle law. If the amoune of th=Fuads held by Lender at eiry
<br /> �� time is not sut�icient to pay the 8urow Ctcau when due,l�ender cr�ty so notify Borrower in writinj,end,in such cae Borrower
<br /> :� sd�ll pa�r to I.erder tbe amount paxssa�'Y ta meke up►he deficlaxy. gorrower sh�ll auke up tbe defickncy in ao mac+e ttuw.
<br /> twalve monthly p�ymenu�at L�ender's sole discret3on. retand ta Barrowa�ny
<br /> � UPon WYmeat ict iWl of�II wms secured by thf�t Securlry Intttument, t.ender thall PR'o�updY �n
<br /> , Funds held by L�eader.If.under puxgcaph 21, I.ender sh�ll�oqnlre or eell the Property,Lenda. Pdor to the r.quGician or�k
<br /> of the Prc�perty,sh�ll apply�tty Fundc held by l.ender�t the time of acquisidon or sale�s�etedtt�gain�t tbe:ums sartred by
<br /> �hii Secur�ry lntuument. � .
<br /> 3.Appllcatloa o[P,�ymente.iJnless ipplicabla I�►w�covida othcnvisc,all p�yrorn�a roalved by I.codcr wnder pu�8*+�P�
<br /> L � l �nd 2 a6i11 De appl(ed: tint.eo�uY P�PnY���Ea���Note: second�to amounts payable underpu�qtn�Qh 2:
<br /> �� l third,to intettist duc;f�ucth,to prWcipal dut;utd iRtt,to wy lide chargts duc undcr the Note.
<br /> �'' 4. Charges; Lims.�oncower shall pey a1l tu�a.+�a�umeau,ch�rgcs� Gnes and impositioai auributuble to ihe PcopeKS'
<br /> w � which may att4ia priority over this Securiry lnstruma►t. �nd leaxahold paymcnts or gmund mus, if any. Bor'��rer sha,l�WY
<br /> these obligations in the m�pner provided in para$aph 2,or 9f iwt pald in Wu m�nner.Bormwer sE�ll Wy them on ti�ne dirodly
<br /> � to dx person owed ptymeot.Barowtr s1uJl promptly fumish to Imder all nc►tioes of�mounts to ba pei�1�nnder tEis puagr�h.
<br /> ' !f 8orrower m�lces thae payno�ws dirxtly.Borrower shill proaoptlY fumish ro Lendcr rdoeiptt evideacin�the pxymena.
<br /> � Borrowa shill promptlY dl�chuge any lien w6ieh has priority over this Security Insuum�at uaias Botmv+er(�)�Bras i°
<br /> � writing to the prymeat of the obliguion securod by the liea in a m�nner acceptablc to i,eader:l'b)000teus in Sood Fiith tl�e liea
<br /> •� by, or defcnds sg�ut enfoicemmt of[he liW� in. leg�l proceedings whicb in thr. I.enda's opinion opente to prevent tbe
<br /> enf�r:-mcnt of iLe llca;or(c)sxures from thc tK►ldcr of tt►e licn�n�g�roement aaiisfactory to L�emler subordinaiing the liea to
<br /> this Sccurity lnstmmc�t. If Lcndcr dctcrmincs cti�t my p�ut of thc Propctty is subjoct to a lia►whkh may xtaic priority ovcr
<br /> this Securiry Instnimrnt. i.ender may givc E3urrawer a notice identifying tha lien. Ho�rower shall sadtfy the Ilen or takc una or
<br /> more of�hc actions set fonh above within t0 days of the giving of natla.
<br /> Fa�. 3ou
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