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<br /> TOGETNER WITH a�ll the improvemenu nuw or hereaftor erecte�i on�hc propeny, usd�ll ruements,appurtenances, and
<br /> fixw� now or hereaher a part of ttK prnperty. Ail replacements �nd dditioru sh�ll alKi br, coverai by this 5ecuriry�
<br /> lnatrumrnt. All of the tor�going is nkrred to in chii Sauriry lnstrumem as the 'Propany." �
<br /> BQRitOW�R GDVEiVANT5 tt►at Sorr�wcr is lawfully scised of the csiate hrrcby com��yed�nd has ihe righe io gram and � �_
<br /> convey the pro�erty �nd th�t the i'roperty ia unencumbered, except for ei►cumbrances of recoM. Borrower wurants and will M
<br /> defend gener�lly the title to ehe Propeny�gainct ali claims and dem�nd�,subjxt lo any encumbrances of record.
<br /> TH15 SECURITY 11�c�1JMENT combin�s unifonn coven4nts far netion�l use and non-unfform c�ven�nts with limited C
<br /> vuiRtians by iuxi�d:in.i.rm.r.�a c�nati�ute a vaEf.orm sceurity instrumcnt caver�ng rr.ul prop�rty. �
<br /> UNIFO#�i.+r)1�i Y�ei�ANTS.Borrow'n'�d l..�nder covenant uxt agrr�u follows:
<br /> 1. p�yp►pa at Wincipai and Int¢rx�; Pa'tpa�3'n�'c�nt aen� 1Ln'R�e�Au�rg�s, F!c'rmwcr shsll pro�nptly pay whcn du�e �h� �
<br /> prir�,ci,,pii of�nd intorcst an the dobt evidenoo@!�y tb�e f�Iorr.mr�any�rcpayznent and lote charges due under t6c Not�,
<br /> 2. �un�s for T�uccs and Ieiswnna. Suhj�a.�t to �*IicaGFe t�wi or.r.o�written wd��er by l.,ender. Bor.r.ow�r. sb.aJ[pay co
<br /> Lcpder on tbe day monthly p�yments ttrt dua under the Note,untit ci�e Nor.r.is piid in full.a suca("F�inds"?f4c:(a}yeu[y cax�:s
<br /> and ssseumrnts which may utain priQ�ity r,em.r chis Secutity Insttum�nt xs a lien on thc Aropertr:6hJ YeU'g)'Ieuehold p�yrt►�ez�rs
<br />• or grcwnd rcncs oa[ho Pro�er►��,if aay�Eca Yruly haurd or property ir�w.r.�prem,iums;(�)Yearly ilood insur�nce premlums.
<br /> if�ny:(e)Yarfy mottg�yg�inuua�cr,�e p�r,rraiwus, if uiy; a�u1 C�a�n� s�p��r�"!c hs &►rrov,er to L,encler, in�card�nce with
<br /> che provisions�aB paragr�h 8�i�tue�at'et�z paymai� af mongagc inxvr.,mce premlun�s. 'R►rse iums are call�'E.zcrow Itams.' _ _
<br /> (,et�der m�;. at �y time. collect u►d Iho�� Funds fn �a amount�or.a�a�eacoed the muimum amoant a lrnder far a fede+ralty
<br /> relat�monEa��auwsu�ma� raluire for l3�eu�wer's escmw�ccaunc un..��ra the feder�l Real Estue Settlement hmcedunes Aer,ef,
<br /> 1974 sc ama►�et!from time to time. 12 U.S.C. Sation 2601 u saq. ;'JtESPA'). unlas a�wtber liw that�pplies t,a�tl�Fo�:r�s
<br /> yas a lesser amouu�►c. li so. l.aoder rtu�y, u my cime,uallect and huld Fwids in an amount not to excood tLe I�sser amouui.
<br /> LeMer may estimue the aawnat of l�uods due aa she lt��s of curreat daa and reuonable estimates of experi.di.r�ut.ns of futurc
<br /> Fscmw Itans or otherwiae ia ac�ordmce with applicable law.
<br /> 'It�e Funds shall be lxld in �n institution whose deposi[s arc insuted by � [ederal �$eACY, ins[�um�t�Lity, or eatiry
<br />_ (iACludina l.e.ader,if E.ender is wch�u institutbn)or ia any Fedaral Homc lssan B�olc.La�der sh�1l apply the Fundr to pay the
<br /> Escnpw Items. l.ender ma�+nat chuae Honower for holdiag and�pplying the Fuads,awivaZly anilyrin�tbe aaow�ccount,or
<br /> verifyios the Escrow Ytavk,«r�ess l,mder p�ys Borrower iaterat on tbe Fuads�ad ap�plicablt law pern►ics Lsnder to m�lce such
<br />- �chuYe.Iiowevw. Letber mty require tsorrower to p�y a oac-iiuic'�$e fv;w:�,.:.,'�sdta:rt:!.�:•s.[r •'�si'sts��i�'r
<br />' y�d by l�.�Tr•r in com�ection wiW this Ccaan, unless applicable AR:Zrr �rovida otherwise. Unlas an aEr�t is naad�: Qr
<br />� sppliablc law e::auim in[rrest to be paid, T.�.�der�hall not be rey�rkr.rfi to pty Borrower any interat or eaminas oa t�u�ii.�?�i:;. ,
<br /> = Borrower and Y,,eoder mry agm in writin�,Reowevee„thaa inteerst c1�a11 be puid on tt�e Funds. l.a►der sts�Jl give to BWa.+a•w�er,
<br />� vr•i�b,out c�rge. �a mnual accountiag of tb�F�nds� •:Jzu�n�;,,r,g credits and debiu to the Funds atd the putpose for which eseh
<br /> dr`:�,�u�►y►qe�'ti�ds w�s made.The Funds aer pledaed xs additiona!socaaity tor all wms socurod by this Stcuriry lastrumeat.
<br /> � If the��u�:uls held by l�eader exceed ii�,:amoants Pa'mitte�d to b�f�zld by applicable law.Lender shall xxount to Borrower
<br />� for tbe excavs ��,:�ds in accorduke with the rcquircments of applicafs9z:law.tf the urwunt nf the Fuads txld by L�cador u�ny
<br /> , time u tat sut�Y�ieae to pa�+tbe F.scrow Ir.ems wtxa due,l.enda may so notify 8orrowtr in wricing,aad, in such r,ase Borrowa
<br /> shall p+�y w L+rnder tbe a�r.e�:um neassuy co make up tbG deficiencv. Bc�rrower sh�1l m�lce up the defi�ia�cy in no morc tlua
<br /> � twdve rtwnthlY WYma�r.a��•r.r:?i��ader's aole discretion. _
<br />:,�-� UP�WY�c in full�of�ll swnt secured by tbis Security insctua�c. Leader siWl prompcly r�fuod a aorrower anY
<br /> F�mds bdti by L,eader.If.undet�at�r�ph 21.I.eader shYll acqui�ne or tell the Pr�opaty.I.ender.priar to the�oquxsiti�oo or�+1e
<br /> � of d�e Property, ahall�pply uiy Eunds held by La�dc,7 u tbe eime of acquisition or saie as a credit ag�iast the sun�t securod by
<br /> � thiu SecuritY insuuiaeat.
<br /> , 3.Appiieatiue at Payneats.Unlas a�p'.icable Dx�v�provida otheravise� all payma►ts reaivod by Ltsder und�er par�Er�ts
<br />,.:.� 1 and 2 shait 1r,appliod: ficst.to any prz�t�:c�;:�e�nt charges dh�e�ndar the Nae:�ecood,to aruou�p�.. .�y�b�t+,�r p��p6 2�
<br />_ tLird.to inte�.;�$ue:fourih,to principrJ<<Jur,aad ltst.to�ny Iste ahurges duc uoda tbe Note.
<br /> � 4.Cluu�dcs Lms. Aorcowtr sha2}���aY�11 uxes,assasments.durga. fines md impositinns atvibutable co tbe Propeny
<br /> ' whicb may utain priorie.a�o,:�r shis Security]nsuumat. �od leasehold p�ymeats or ground nats� if my. Aorrorver stu11 p�y
<br /> tbeie obligatloAa�ir�.:Sht;ti��an:�er`r��rovlded in p�raRr+ph 2�or if dot paid in tlut iu�na�er.Bortower ahtll pty them oa time direuly
<br /> to die perwq•;G�b�;n�,�7lrrser�t.�Borrower stpll prompt:y tumish to I,.ender all naioa of aaoounts to be ptid uoda this pvqr�ph.
<br /> If Borrower�iaa:;�tlxse p�ymrna dirr•r�:fiy:..Borrower shall prompdy futaish to Leader roceipa evidencing the prymd�cs.
<br /> Borrowtr shall promptly dischug�ui:��lien which has prioriry ova thts Sauriry Inu�umeat unlas Bocrowes:(a)�et:s in
<br /> ,�,��•�.ting to the paymeat of t�obligat{on secured by o'!�x lien in a��++�*aatipublc to Leader;(b)oo►n�a�t�r�x.�aod faith the liea
<br /> � , '•: ;b}-.. ,aqr defa�ds ag�inst enfora�nrnt uf the 1irn ia. 1'e��.proceodin�s which in che I.rnder's c�iv.ea�a �Jre°_ to pc�eveat tUe
<br />.;� •''�',��OICCJ11C1�t;FJ�1y�C I1M:or(c)secura from the boki�c su',`rhe lie��igteement suixfaaoi?�ta 1L��r�sw�7acrr�d`in�aing cbe lirn to
<br /> � ` ,�.tls Secudc��C�s:;:r.anma►�. [f Lrnder dea�xeeiaes tts��ny patt�►f r.},r.1'rtn;:tP�Y is subject to a�.iem.w��h•;:,rx may atain prioriry over
<br /> ,�'' �hrs�Security �t���urstnt�ra,.•l�iender m�y give Bonrowee a nrt�ace+t�dv.n;f���;:;�'the liea. ibrrower sh,�lll:�,�eisfy the lien or talce one or
<br /> �.�x�re of the actians sct 4r�:�-«.;i�ove within 10 days of¢Ix�tivinE of r��ce.
<br /> , � ". Fann 302� l�so
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<br />_ ��611fMEl l7n't 116T ►.0•2 ot i leyyy
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