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<br /> TUCi�ti�'1�fiR WITIi xll the improvetnenta rww or herafter ottctecl on the ph►penY.ancf ca. �s,appurteru�nccs,rnd
<br /> fixtunx �ww ns 1►ere�fler a pxrt of Ihe prc�►eny. All re���cemeets uxf +�dditinns shrll elu� be caveral by this SecariiY
<br /> Instrurrxnt. All uf the f'are�niafi is rcferred to in�his 5r:�u�i�y lnstrum:.ni ws thc "Pn,perty�,"
<br /> BQRROW6it C�)VFNAN7'S It►�i Bc►rmwrr is IM���fi�lly�istld ot'tho estate hereby ecinve��rci aixl hw�tl�e ribl�t ta gr�nt�nd --
<br /> mnvey �he Propeny �ix1 that ti��'n�rty ic unetw�umt►cra1, excrpt !a encumbrances uf mxmt, ik►rmwer warrant�and will
<br /> defend �enerxll�r tha tiAo to U�e Pmpeny wgainst�II ctaim�and demu►ciy,Fubject to any encumhr�mcr,s of r�ecord•
<br /> TMIS SECU{tITY iNSTRUM�NT cYrmbines uniform rnvanmt� for rutiaml use and �x►n-unifom�coven�ntti with limital
<br /> variwioos by jurixilctian to cc�ns�lu�te�uniform se�'urlty inctrument covering rexl pmpeny.
<br /> UNIFORM COVRNANTS.Borrower uKl Le�xier covcnant and agrx�s follmvs:
<br /> i. Payme�t at' Princip�l �nd IMerat; Prepaymeat And I.ate Clu�rges. Iiormwcr sliell pmmptly pay whcn due the
<br /> princip�l af uid intercst on tho debt evldrnced by tlk Note and any pre�yment ancl lale chargcs ciue under tt�e Noto.
<br /> 2. F►rt'►�k tur Taxa and lnrur�nee. Subject to A}�licubhr (aw �r to a written waivo�hy I.cndor, Borrowcr sh�il pxy tu ,
<br /> l,e�dez•on;he day nwnthlY p�Yma�ta oro due undcr d�e Nr�r.,u�i+:i.(.t11,�Nat�e As p�iA,[n full,u sum("Funcls")f.rx.:(s�)Yearly taxes
<br /> and assessments which may attain ptiority over thi.:r aec:ur.i.tyr tn:,�;r.u.m�n►a�a i.i,en.ar.t�tl�c Pmpcny:(b)Ycar:(:y[e�se(TMtt�!p�yments
<br /> or ground r+ent�on the Propeny.if an�;6�)Y�.y��z�nd:wr pror,�ertg i.nw.rar�ae pcerrmi.�xms:(d1���Y�oaf.i.nsu.cu.nce premiums�
<br />' if any; (c1• x�►:l.,irn�rt�age InsuratKx�+'rmiu.rm. nt:anx:ar.r1 6hT anp :�um5�:;{rw!�!�y 1Rcxrr.nwer r.o�..en�d�er. 'r.n a�cc.�xd�nc�e with —
<br /> the p�viscoQS�af peir.+agr��i 8. in lieu uY t!►e pv�yRt►�enl:of.mn+rt.��e in�nrae�ce prcmi�ut�s.7'hGS�et�ms a�c cai[cx6"lEscrow i!i�c►s."
<br /> I�r ma,y,an ur�r tirne. coi.tect and hald Fund� in a¢e u�nuwmt ea+c to�xceod tf�mauimum amaunt a k�+.�er for x faderadly
<br /> nct�o� mo+�r.ga�,e 6ci.uz rrray r.�uire for&�rrowcr's esccaw r+c.'+oa�cna uorrkr the £edcral Real Estete Sc�denxnt Per�:oduns Acc of
<br /> 1,974 a,s annt�d�:d fcan tim¢to time. 12 v.S.C..Section 26Q1 nt.uq.. ('RESFA'),unlass s►nothec law that�q�Gi�:.;to the f�unds
<br /> sets a �ess�r a�:n�ount. If so. I..e�xler m�y. at any time, cotlect and hn�ld Funds in ar�amount rwt to exceed tfio lN:sser an�ount.
<br /> 1,.e�xler m�y estimate the unount of Funds due on the bASis of cur�r:�•�i1 data and reasonable estimues of expenditunes af 1'�+.nro
<br /> Fserow Uon�s or othenvise in accorciance with applicable law.
<br /> The Funds shall br.held in an institution whc�e deposits rr+e insurod by a falaral rgency. �Iis[N[i1CM1Ilt�l, o� cntity
<br /> (including I.ender.if I.en�der is such an inntitution)or 6r.�.;sn�Fedenl Home I.oan Sank. 1-ender shall apply the Funds to pay the
<br /> _ Escrow Items. i.e�xler m�y not charge Borrower for ha9d;emg and�pPlyfng the Funds.annually an�Jycing the escrow aocouM.or
<br /> ym�.:�o����mw Itcros,unless Le�de�paYS Bomuwer intarcst on the Funds and applicable 1aw pamits L.ender to m�ke such
<br /> = a charge. However. i.endee�may require Bornuwer to p�y a ane-tirt� charBe far An Independccat teai esate tu�xiini se�vii,c
<br /> , used by irender in oonRrl�a:�;:�an with this IoAn, u�sb :i�1�caWe (l�w provides otherwis�:. U��less sn Ygrnem�n is made_ or .�..,
<br /> : applicabk I�w requi�+rs irrtcurst to be paid,I.ender shn6t aa�t't�a+o�io+ttd to pay Rorrnwer any inte►est or aimi�Ss°���'u�ds. ��,
<br /> -'_ Borrower;sar1. 3L�der rtuy a,grce in writing, hov►�tver.'t7�a:int��r.Jlull be paid on the Funds. Lender st►�ll Aive to Bormv;er. .�'.��;�;:_::
<br /> ; without xCtinr���, en annwl+�ccounting of the Funds, showing cmn8.i cs md debits to the Funds and the purpose for whidi�each
<br /> S debit to ti�ti���;�l:nds wsa rnade.'Il�e Funcls aro pledged as additional r�:xurity for all cums socurcd by this Sa.urity Imtruma�t.
<br /> � If the�unds held by I.ender exaod the a�nounta pem�ined to be Aeld bY applic�ble law.l.ender thall account to 8ormwer
<br /> � for the exoess Funds in accordanot with the ��quimnent�of applicabk taw. if the a�nount of the Futda held by I.e�der al any
<br /> — tiane ia not sufTicient to pay the Escrow Items when due.Lender may w notifjr Borrower in writina.a�d,in wch aue Horrower
<br /> slull qy w Lender the amount neoessary to m�kc up the deficiaK:y.Borrow�r sludl mdce up the deficiency in no mcm tlwi
<br /> twelve manthly payme�tt,at 1.cr�fer's:vcy�e discretion.
<br /> Upon paYment in tul� of�lt sumi� socurod by this Securiry Irutnamau. L,ender shali promPt�Y o the t�ui�t�o��le
<br /> — Funda hel.d by L.ender.b�:�����nicSer paragraph 21,L.cnd�er shall aoquiro cv sell tho Propetty.I..ender,prior �al
<br /> = of thc Propaty,st�all i�9y,ai�y Funds held Ay�.�:�ta�ler•at tht time of�cquiaition at sale aa a crodit�inst the wmt sxurcd bY
<br /> _ this Sceurit�:Tmaumet�t. • �. '� . '
<br /> � 3.A�rpNv�:itiaa o[Par�aMs.Ue41!esa�}�pli�tlblc Jaw provides otlxrwise.all p�yrt�ents rooeivtld by l.ender uider p�taq�l!s .
<br /> - 1 and 2 s}ulf be appliod:first. ro any'p�icpu;r.rt�na�'hn;ges due under�he Noce:s000ixi.to��nts pMyable undet paragroph 2:
<br /> d, " o'rr,ird.m i�wereat due:fourth.to princlpal�ae�u��r�?I::e:;i�.,•ro any late ctwges due undtr tbe Note.
<br /> �`; ��� �' �1.G'6�r�es; I.ie�.Borrower shall pay�11'Gl.Y4�5,assessmans. cha*Bes. Gncs and impositions attributabk to the PcopMy •
<br /> ' ���;',..;�w�ict►may.�ttain priority over this Socupty lnsuument, and leuehad p�yments or ground rGnts, if any. Bomower stuJl p�y
<br /> ; ��i�,�se ob�u�fF!lvns in the mmncr p:�ovicknt',in-�araBraPh 2.or if not paid in that m�nncr.Borro�ycr sh�ll pay ttKm on time direcUy
<br /> � "�,�� So the pre�i,•,Qr�owod payn�ent.Borrower;shn�)promptly fumish to Lerdn-�II notices of anww►r;v do be paid under this p�nsn�ph.
<br /> Y!Bor�'d!'►'�f�n�kea thesc�'��ment.s direCi��,BorroHCS st►�II prom�tly furnish to ltinda•receipts evidrncing the paymencs. '"
<br /> • Bot��is��u slwll promptly discriazgc..�ny fien whhdh•�h�uc pr�ority over this Sr,ci�1:ity.Insuument unless Borrower: (a)+b"mes�� `
<br /> .� ;. 'wdtin��it��,;�h�_p�yment of the obligati��,'�ec�red by;thz.9itn in a m�tuier accepW��to Lender; (b)contests in good fsalh the lie� .
<br /> � . by, or,��d;�ci.enctv against enforoemern��Ii«lia'��➢iee 1n, 1c�a!�pf���r.�:f�i;^�s which in tho Leq�J�r,h'k ,opinion operue ro prev�x! the
<br /> :� �•.enfotalnS�;n�aif the lien;or(c)socures frc{�l�n�the li�3c'k;rroi�i�l'�ll�iEn.u•nup�rtemtnt.S[+�esfactor}ti;¢�q.mder subo�din�tin�thr;ll��.�to
<br /> �}itis.Securiry Instrument. If i.ender detemtirns 3E�.Me.�vn;::pa�fii'l�7I��+:L�'P(O�GfIY,Ay'st�;'ac�to a lien which rtuy attain prirxity ovGr
<br /> s�tis Saurity Instrument, t.ender cn�y give l3orr�ow:cr�.o•+noi;�b y�fe�lti fying tht:Vixi:r�.,t�orrower st►ali satisfy t��ien or t�lce ane cx
<br /> f� ' �'' • tnore of tlie actions set forih sbove within 10�a?�3 i�f�iha_�?.v.'in�of ncllct. •
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