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<br /> 7'OGGT1iER 1U1Tli all the imrmvemen�s r.xr�+�r hereafter�'rected on the propercy.�ud.all.r.»sx:�nrnis, appurtenances,and
<br /> fixtura now or hereafter � pan, �x�6e Rmpcn.y. �.it ,:cpta�cem�o�s au� adrli��ans sl�atL �.i� i�c cowerrd by �his Securiry
<br /> Inama.mr.►�t.All of ttue fortgoi»g;is r.cfettr�cl:rra i.r.r.ii7.is Sec».r.i.r.y 1'.nstnumn�:as ih.�'P.r.npe�r.r.y.',
<br /> , . 13p�tO�W6]EZ CUVNIHAN'TS tiSY I�rr.ow.r,r.is.{.a�hfpJ,F.�y srs,�e�ti'af cFte cst�ce hereby c.1r��..�x1 art�i:I�s i1T,�r.i.gltc to granr.and.
<br /> : raon.vey the 1?�roper.cy aznc[il�at�J»c S?,.�����+ i„ �r�r�e.,:a..^..7"���;�, :;:lG� �'01'CLeC�2tU.bLMCtS 01'[CCOid. Abx4�fz�[�A'�.*.�C!?L�3�!ro�:w'tIL .
<br /> •,J,�fard getxr.al[y cf�crU:a to�he Pmpeny againsc,d�tt o:01nmR a�ci de�sw�ds,suhjecc to any encumbrancts af g�:�ari�• .
<br /> 'FH:LS S�C�iRITY INSTRUMFNT combines uniform covenants for nationxl use and non-uniform covenan[s with limited
<br /> variations by judsdiction to oanctitute�unilurm security instrument covering real propc:ny.
<br /> UNtFURM COVENANTS.Sorrower u►d I.ander coven�nc rnd agree ac follaws:
<br /> 1. P�yrna�t of EMnclpal �nd Iptarat; Pre{ayment u�d l.�te CI►��a. �orrc�wer ah�ll promptly pay whrn due the
<br /> principil of and iatarest on the debt evidenced by the Note and any prepaymrnt md lue chuga due under the Note.
<br /> 2. Fw�d�t4r T�xa sud liwar�ce. Subject to applic�ble I�w or to�written walver by I.ender. Borrower xhall pay to
<br /> l.endet arr the dty monthly p�ymenta re due undet the Nate,untll the Nate it p�id in full,a sum("Fuads')for.(a)yruly tua
<br /> u�d�wessaKr,u whi�h may�t�In prlarf�v over chiz Securicy t�sc:umrnt Rs e tien an the Propercy;(b)Y'eulY Iwciu�td p�ymrnt:
<br /> a�round rpn�i pn the Propeny,if�ny;(c)Yeuly haz�M or propeny inwr�nce Qrcmiums;(dy Yeuly tioad insurance prcmiunu,
<br /> if�ny:le)Year1Y mon4ajr insutmoe prcmfutns. if any:and<n�ny�una p�y�ble by Borro+�er to i,ender. ia aocordmce wich
<br /> the pmvjrloas of p�rq�b!, in lieu of the p�yttxnt of matig�e insuemoe premiunu. Thcse itemt arc c,�ltrd "Escrow Itertu."
<br /> Lendcr m�y. at any timr, collect atd iwld Fuads iu an unount not to azoeed ctx rquimum �mount a lender fc►r�feder�lly
<br /> nl�ted mort��{e Iwn may requlre for Borrc►wer't escrow ecc2�ht wxkr the fMer�1 Rexl Estue 5ettlement Procudura llct of
<br /> 197A u ameoded from time to time,12 U.S.C. Ssction 2b01 �r seq. ('RESPA'). unleu uwther 1aw ch�c ipplics�o thc Fimds
<br /> seu a I�sar amouat. It to, Laxler mry. �t my tlmo. col�ect u�d ho�d Funds in an amount not to exoeed the lesser unount.
<br /> l.ada mwy atimue the uaoun►of Fundc due on the bui�of current dH�and reuon�ble estimates of expenditures of future
<br /> Fa�crow Items or otherwise in�ccordu�ce with�pplicable l�w.
<br /> Th�Fwidt shdl be txld in an institution whose dcposits u�e insured by a federaJ �gency, instrumentalicy. or entiry
<br /> (inciudiug i�ic�.;t I,,erws,i�su�.-:�i�:titutien)tsr in tn;FM_rs�Hmm��r.n E�ta�►Ic. l�nder shsll apply the Funds ta pay the
<br /> Esac�w Itea�s.Lender m�Y noc d►arae Barrower for holding and applying the Funds,annually analy�ng cho escrow xccount,or
<br /> vcrifying►he F.�crow Items,uiilas I.aider peyF Borrower interest an tbe Funds�od�licable law pcm�nes 1,p�der to makc such
<br /> a char6�.However,Lender may requlre &►rrower ta p�y�one•time chuge for�n independeot real c+�tnte,tu reporting�ervice
<br /> used by La�der in conuectian wieh�his laan. uhlGCS appllesble I�w provida othecwise. Unlas �i 'agroemait is made or
<br /> applic�ble law rc�uircx ineereac to be p�uid.Lender sh�ll aat be ra�uicr,d to p���Borrower�y intaest ce�;u�ta►ings an the flmd�.
<br /> gerrower�qd Lender m�y�gnoe in wricing, ho�vever, thu interat shrill be p�id on tt�e Funds. L.end�r gh�ll�Eve co Aorm�.
<br /> without �rge, an uwwl accounting of the Fucods. stwwine ecedlts tnd debits to•the Fun.ds and the pu�poee for which ad�
<br /> debit to tk�unds was m�de•The Funde e�p�e¢ged as addition�l sec.►rity for all sums securM by this Security laetnin�eut.
<br /> If t6e Funds held by icader exceed the�amounts perraitted to be held by�pplicablt law,I.a�der shall ma+ni t���orrowec
<br /> ' . for We exoess Funds ia acxordanoe with tbe;re�yuinma►tt oi applicable law. If the unount of t}►e Funds t�eeld by I�ender u aay
<br /> time k na wificient to p�y tha Escrow Icem.a when due,Ltnder may so nodfy Borrower in writing�'�ncl,�:fiu:wch cau Borrower
<br /> ' ��;,�;. nha1�� pa�to I�er the antownt noassary to rh;�ke�up the_defic(ency. Homower sh�ll m�ke up tb.t",ilcficienGv:i�►.��ta►rc tlun
<br /> � � tiVellWe raoothly P�YmGau.u Lender's sole discitxioA. ,�� �,.•.. `, .
<br /> ., . ' UP�F�Y��in tull of�11 sums savred by this 5'lcnriry Insav�em, Lender sh�ll pmm}itly refaiad to''Bcuaowa my
<br /> , ' Fu�d�l�1d by i„ender. If,under par�ry►h 21,L•ender sha11 scquirc or acll the Propeny,l.tnder,prio.r;tm the�cquitition or ale
<br /> of tbe propetty, ahall apply xny Fwidc hsld by l.snder u tbe time of�cqulsition or sale as a credit•againit the sumc xcured by
<br /> thim Sxuricy lnstrumcnt•
<br /> 3, Appiiip�tio�ot P,�yauate. Unless�plic,abie law provides othecwise.a11 pAyments r�ccived by L.snder►wda Wratr�h�
<br />- � 1 uK12 slull be applied:fitat. ta any pt+eps}rnner►t charRes due undcr tt►e Nae:socond:ta artioums,p�ysble uAder p�r�raph 2:
<br /> third,to intecat due;fou�h,�o principal dUc;anci lut,[o any lue chuga due under!he Nae. ,
<br /> /. Ch�r�(Lie�•�ac�il p�y aiU�axss.asses:maits,chuaa. fines u�d imposidop��e:�ibutable to the PropettY
<br /> which ttny anun priority over this Security.i�s;trumat, md le�selwld ptyma►ts or grnuad ronu, it ariy. 8onavver thall pty
<br /> these obligetioas in the mmner providedl in�arag�ph 2,or if»n[paid in thu m�nner.Borrower shal!pay than on time directly
<br /> to the perwn owed paymrnt. Homawer sH�tl pramptiy furni�h co I.ec�fer a11 notias of art�uats to be pxid uoder thic puagr+ph.
<br /> if Bomower mdces thtse pryments dirxlly,No,rr�wer shall pmmptly fumich to Lender reoeipts evidtnci�tlk payn�ents•
<br /> gorrower sh�ll prompely diachuge an��licn which has priority ovec thle 5eaurity Inst�umrnt unicsx Borr�ower:(�)�B��a
<br /> wricing co thc payment of thc abligation aecnrod by the lien in a�n�anar scoept�ble to t.�dtr;(b)co�tau ia�oocl fdth the Iten
<br /> by, or defendc agun�t cnfor+cemant of the lirn in. le��l pmo�e.iin6c whi�h in thc J�►der's opinion opcnuc to pnwa�t tbe
<br /> a�forocma►t of che lien;ar(c) secum fmm the holder of the lirn an�rcement saticfactory to I.cnder subordinuiag tt�lien to
<br /> tbis Security inctrumrnt. If I.ender dxe�ina thu any�art of the Propeny is subjcet ro a lia�whicl� may�ttain{►riority ova
<br /> ti�is Soeadty Inctn►ment. I.atdet may give Botmwer a noticx iden►ifying the lirn. Borrower sh�Jl satisfy tbe lirn or t�ke oae or
<br /> mon uf tbt aaions�et fotth above wi�hin 10 days of tl�e giving ot aaia.
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