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<br /> Any r�leroncas In�t��� the "Note' etu►il be dt�+med to refer to thd A�reement, ert�d eny .
<br /> reterenoea In thk�Matq�qe�to Notes�nd promlaanry notoe�ah�li Inciude lasn�qreements,as appllcebl�.
<br /> Atl rMeror�r.e�to Inte►ss�t eh�ll be deemed to Inciude flnanoe cherges,
<br /> BOFiRf�YV�A caw►naritf tha�t Borrower i�law(utly seised nf lha eatAte hersby conveyed and hea the rl�ht
<br /> to{�rant And cx�nvey the t�aperty,thAt the Property fa unencumbered,except far encumbrancee oi reoard
<br /> and thet Bo►•rower w111 warrai�t anci dafar�d�enorally the tltle to ths Rra,�erty a�alnst all clnlms and demands, i
<br /> aubject to eny declsratlone,euaementa or re=hidbn�Hsted in a achedule ot sxceptbna to covereqs in eny
<br /> tRle Inauranca pollay IneurinQ Lender's Ir�erest In the Property.
<br /> CQI�ENAN'1`;�,Hnrrower And Gender covenant ArKi�q�as[oibws:
<br /> 1. Paynwnt of P�f�cip�l and IM�rat;�nd P►�p�ymMnt�nd l.ats Ch�rq��.Borrowar shall pramptly
<br /> pay when due the principa�!oi nnd intereat on the Indebteciness�videnced by the Agreement,and any
<br /> prepayment and late chairg�s due under the t�ote.
<br /> 2. Funds far TNx�s�na1�m�r�c�►.s+u,l�ect to appllcabie Is�ar f,c��wrftten wahrer hy�endor,Dar�ower
<br /> shall pay to Lender orr titie r,�a�rntaMht�r�ayments aa�chr.�acr�d�e+�ti�f�tate,�,entll the Note Is pafd In full,a
<br /> sum("Funde")tor.(a}ye�artg taac�s�assesament�rwhCch maX at��a(r�,gxioritgr ascar this MoRgaga e�s�Ii�rr
<br /> on The PmPertY�(b?Yeazt�6ea�se��ald paYmenta or grourrc�reM�cm,the P'cv�eer.hG H sny� (c)Y�+arqr Fra�rc�
<br /> (neurance{xrer�r�u��,E�P o�'�aad insurance premi�!Er►R�i�a��►�c;(�aT���fy mcxi9a9e inaura�cxa premivans� _.
<br /> if any;ae�(R'+eln� I�e►y�ale hy Barrower to Lerxtmr�in a�corc�a�ce with the proviaions of part,�pFr
<br /> 9,fa�lieu�1;he��of rmo+t�ge insurance premiums.These dems are called"Escxow ftema."l.e�er
<br /> r�a�t,a!an�v nrne,colQec't e.urc�hotd Funds in an amaa�t nvt xc�ex�sed the maxfmum amount a Ler�de�f.or
<br /> a f�deraly rela�ted mortgege ban may require tor Borrower.'s escxow accouM ander the federol Real�Statp•
<br /> Sattlement Pracedures Act of 1974 as amended irom time to tirne, 12 U.S.C.§2801 et seq. ("RESPA"`��
<br /> unloss enother I�w that eppl(es to the Funds sets a lesser smount.It so,Lender may,nt any lime,cdleCt
<br /> , and hold Funds in�n amount not to exa�y�z�2i the lesser amount.Lendor may estimr�ta the ama�nt of Funds
<br /> due on the basls of cu►ren�tiata snd m�sonable esNmates of expenditures of futuro Esaow ftems or
<br /> •� otherwfse in accordance w����t Appllca�le law.
<br /> The Fun�s shall b�+ s�-a1�4 in �er ���r�,�titution whose deposib ere fnsured by a fede�al agency,
<br /> - ln4x!mentarr;� nr t►rtih�,i3:iir�l�r3i►y�n�,�r�r,.i�r,�I an�ia�in ciich an in.etRution)or In any Fedetel Home Loan
<br /> ; Bank. Lender �n�ll ap�ty�1�ho fi'u�1ds 3�.pay the Escrow ftema. Lender may not cha�e tor holding arKl,
<br /> ! apptying the��a�ds,arc�n�,alf;sn�lyzing the escrovw m��ouM,or veriying the E^�ow Rema,unkss Len���
<br /> �: perys Borrow�r q�1919�i��n�hA Funds and eppllcable ta�,v parmits Lsnder to m�s��such a d�arge.Howexs�•r,
<br /> Lender m�y ea�Lpl�iv�e�orrdw�er to pay a one-tlme charge for an EnrJa,�rendent reail�stete tax reporting se�v'vc��
<br /> ,'4 used by L�c'l�ar 1.;�:conner.tlon with thls loen, unless e�pllra�i�b'le lnw provldes otherwise�, .Unless��i�r� • � �
<br /> egreemant is u��.�d�e or applicable law requlr�s fMerest to be p�icl, Lender shall not be �e�vr�u�irad to}�i�y.
<br /> �' Borrower any Irrterest or a,e,�mings on the Funde.Borrower and Lender may agree In wridng;h�a�vever,4�-:�t ' �
<br /> ; Inbrest s�hhaN be pnid on 4�t�a Funds.Lender shall give to Sorrower,without charge,dn ennua)accourridn�
<br /> ,. oi the Funds,showing er��idts�nd debfb to the Funds a�nd the purpose ior whld�each debft te the FurxYd
<br /> � waa made.The Fund�ar6�p�edged as additlonal sacurity tor the s�rx�s secured by th�s MortgB�ge.
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<br /> � M the Funds held by Lender exceB�3 ti�amounta permttted to bo held by applicable law,Lender ehell
<br /> '� aa:ourn to @oROwer for the excess Funds In accordance with th�requlrementa ot applicaWe law It th�
<br /> -�, amouM of the Funds held by Lernder at any�me la��!ssallSclerrt ta pay the Escrow Rema Mfien due,�end� �
<br /> ��t me�y so notify Borrower(n writing,and,in such cas�8crrower shall pay to Lender the amount neoessr�F�
<br /> ,i,�. to mske up the deflciency.Borrower shall meko up the daNdency ln mfl moro than twelve mordhh�PaY���.. , . ��,
<br /> -�� dt 1.8�Cbf�S SOIe d18C1'AhOfl. ' .� ,
<br /> j� ' Upon payment in fuu�bi all sums secured by thls Mortgage,Lehder sha0 prompttyr retund to Bonower '�
<br /> ' any Funds hsld by Lender. N under paragraph 22,lsnder shall acqulre or y�oll the PropeRy, Lender prior
<br /> , �. ,., to the acquisttion or sale of the Properly,shall apply any Funds held by Lender at the�me of acqubitbn
<br /> ;� or sale as a cratiit agalnst the sums secured by thls Mortgage.
<br /> { 3a AppllcMlon of P�ymMtt.llnless appllceble law provides otherwlse,all pay►n�rna received by l,ander �
<br /> � und�r�paragrephs 1 and 2 shall be applied:first,to any prepayment cha�ges due under the Ncte;seoorr�ro�, • �
<br /> . to amounts payable under�agraph 2;third,to Intereat due;fourth,to princlpal due;and last,to any��Y:ro ,�;
<br /> cherges due under the Note. �. '
<br /> • 4. P�1or Mm��tgp�or D�d of Thut. Borrower promises to pertorm ali ot Boirower'e obHgatlons undes ` � .
<br /> any mc�rtga�: deecl of trust, ar other security insls�msnt whlch has priority over thls Mortgage ('P�ior : •
<br /> -��n�wnbrance"),inqudi�IBonower's pramises tv�r�a'��paymertts when du�,�^�rower shall not enter intp
<br /> �ran�,agreement with'f�o 'i,+�'�far of eny Prior �var�t�r.r��ance by which 4lr,�, IP��.ior EncumbrAnca a f!�e �
<br /> . 1�¢tebtedc►es�:�ect�rod.����t�t��e(➢.�ior F�aambrance!s�sridified,ame�ided�ax!a5n�kc1b�1,Cr rerwewed withaut tYi� �
<br /> pr�arwt�t��:��siss�M ot I.�nz6er.Barcr,cnr,���,rst�ll neither request ne�r;�erCr,e�bS���n�y`Iv�rt�er ed����'s�ns�er a�r�� � . .
<br /> �tri;QV.�rtc���.l'�r.�r�e with���t9��rtar,��raJ,t1���nse�t oi lender. � '
<br /> !�. !�hsr�y��;�Ll�ns.�ra.ov�;er shall pay all tax�s,.���sessments and other�;1��r5�es,�nes end Imp�sitic�i�:�s� ' :
<br /> .._��_.� .��r�.���..a._..1e�1.�. .w�:.. ,-...A..w..w.N.Is�ln�►ne.ha enrl laeeni�n41 r�nvn9Wtfl�rnu � ,
<br /> ' i:�t'l'i,.7YlAtrG ar t��V rrm�icnu�m�tv�� ���v.� aaw...a jvnn,...n� v..n ..�� y..y........ .���..�... ��.�..__..�. � _ . -
<br /> gcnund K�rtt�,.i�any,by Borrower nrt�ki��aym�nt,when due,diractty to the payee or through escrow��d'
<br />' c�crore n��aruvided tor paymant.0.U� r�.ce�t ef Lender, Borrower shall promptly tumish ta Lender aA
<br /> notices crP amounts dua end fn the��i3o�ravMer�i��a)ces payment direotly,Borrower shall promptly fumish
<br />_ to L�nder reoeipb evidencing such payrn�il�,
<br /> Borrower shall promptty dlscharge any Ifan that has priority over this Martgage not disdosed to Lander
<br /> In wrrting at the�me of npplication tor the loan secured by thfa Mortgmge pravlded thet Borrower shall not
<br /> be requfred to discharge any siach Il�n so long a�Barower shall(a)�agree fn writinp to the payment of the
<br /> obllgatbn secured by such Ilen In a manner acxeptable tu Landor,or(b)In goai iafth oontest such lien by,
<br /> NE FAFT-Mo�tpye•-06l01I9B P�2 of 8
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