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<br /> l' 'POaSTHBR W1TH�Il the impcovement�now or hereaftcr cratcd un �i�e{H'upertY�and all cascrnenu�aPPurt�nances. a�d _
<br /> -;,y«,�i,�' Cu�pues now or hacafta�pxt of the PropacY.Ap repl�cemei►�md�ddltion�shall elso bc covered by thi�Security Instcumen� µ
<br />- ' � � � All of tt�o foregoing is retared w in this Security Instrumant�s 1he"Property." �_::
<br /> BORROWBR COVBNANfS that Bortowu i�lawfuUy seisod of thc cstate hercby comeyed u►d has the dght co graec snd -_�
<br /> w,� convey tha Propaty and thu the PropatY is une�cumb�od. except for encumbrance.g of rocord,Borrower warrants and will =,.
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<br /> x� defend genually the dtk w the PropatY n8ainst�ll claims emA demends.subject to my encumbrenas of record. `,
<br /> � THIS SBCURITY IIVS'IRUMBNT con►binea uniform covenants for nadonal use and r+on-uniform covenants with limited �
<br /> varWlons by jurlsdict�rx►w consdwt�a uniform socurity insuument covcring rea!proputY• _.
<br /> .;,.. iJIVIFORM COVENANTS.Borrowu and Lenda co�enant e�d agroe�s follows: when due the =
<br /> 1.Paymmt of Priectpal�nd Interest;Prep��nedt and i.Ate Chu�ea. Bomnwu shall pcompdY PaY
<br /> re ment and lau charges due undu the Notc. -
<br /> r � of md intenst on the debt eviderced by tha Noto and anY P PeY
<br /> .'�="���{�t �.Fund�inr Taacea�nd loaur�na. Subject co epplicablo Iaw or w a wrltten waiver by Leadcr. Bosower shall pay eo -
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<br />- . � L,endcr on the day raonlhlY OdY���°����e Notc,undl thc Note is paid in full.a sum("Funds")for:(a)yearly ta�ccs
<br /> 3" ,h. .�� aud ass�ssments which may eaain priority over this Socurity Instrumcnt ag a lien on thc Propecty�(b)Yearly leasehold payme�►ts _
<br />���si:«<._:__ .,r omond rmts on the PmpatY.if enY:(�)9e�ly hazard or pmpe�ty insuranre premiums;(d)Yeatly flood insurance p[emlums,if
<br /> t....I.r in enrnrrlwnr�aith thn
<br /> -:_ _ .� �y: (e)Y�IY�BaBe insurence premiums.if any:ana(t) any sums payauie by nor;�w:s::...,,..,.,.......�._ _
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<br />�;,' ,t}�: ..� proviswn.9 of per�raph 8, in lieu of the paYment af matgage inswance premituns. Thfse iums are calkd "Escrow Items:'
<br />-y. Lender mzy�at any time,colkct and hold Funds in an amount not to cxcoed the n►aaimum amoun�a lender for a federaliy►el�ud _
<br />:+��`� �� e loon mtry acaqulre for Bonowa's escrow accaunt under the federa!Rral Estete Seqlemuit Rocrdures Act of 1974 av -
<br />?;;�,";;�'� �'�' +, arna�dal fmm dme Zo tune.l2 U.S.C.Sectbn 2601 et seq. ("�PA").ut�ess suother isw that applies to the Funds set�a la5ser
<br />�•^�;:��` amoan�If so. I.ender may��t any time.colloct and hold Funds in en emaaent not to excad ihe k,4ser emount Lendu may
<br />�` "�' estimato the�nount of Fund�due on tha 1�is of curra►t deta end reasonable estimamaces of expenditures of fuwra Escrow Itans or
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<br />��,,tlk othuwise in�cardance with�ppllcabk luw.
<br /> _�--�=`'� 'I!�F��nAc uF�]I'{�r..held in an insdtuHon who9e depOSits ere Insuttid by 8 f�edu818BenCY.instcuumentaliry.or entlty(including
<br />---�^"�c� La�dex,if L�drr is suCh m instiWtion)ot in tny kbderal Home I.oen Benk. Lendet shaii�ppiy titc runda w�ruy u'�a;�sc:��v
<br />=���� Ioa�es.Lenda mAy not ct�arge Batowa far hotiding and applying the Funds,ann�ally analyaing the esct�ow account,or veritying
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<br /> �'� tho E,scrow Iu�tn,unkss L�kr paYs Borrower inte�rs' �n tfio Funds and applicabk law pamita L,ender W make such a cl�rga
<br /> v�.'°°°= Howaver.Lenda may requho Boirowei ta psy a one•time charge foc an indapencknt real estate taa reportinB se+ti'ice usod by
<br /> �- — Lender in connection with this lueu�.unkss appllcsbb law pravkks oU�awi9e.Un3ess an agcament is made a applicabk law
<br /> ----__— nquirta isttae;tt uo be p�3,La�der atWl not bo tequlrod w qy Barowa any Int�a�est a eamings on the Funds.Barower and
<br /> � • I.enda mny�grae in wriana�tw�vava.th�t inurest alull be p�d on the Fund�.I,enda ahdl give a Barowa.wittwut cl�arge.u�
<br /> ■u►�1 oc,coundng of the Funds.showing credits�nd debite to tha Fluids�nd the pacpose fa whfch each debit w tt�e Fnnds wu
<br /> � , �de.'Itio Funds�c�e pbdged at additfonal security fa dl aums eecurod by this llcabk 4�►.I.ada` sM�ll�a�unt to Rarowa fa
<br /> If tho EUnds he3d by L.arler oxceed the�raunts pamiaed W ba held bY+PP
<br /> dio eaeo�ss Fond�in �with the roquinmeat�of Applicabk law.If the a�►want of the Funds beld by I,enda at�c►y time is
<br /> not eufflcfcnt w pay the Saaow Itans whai duo�Lender miy so ncN�fY Bocrowu in writieg.md,in such cau Borrowa�hall WY
<br /> b Ira�dcr d�e �nt nocdsarY to m�ka up tt�e dcficiency. Bo�wa shall malce up the deficiency in no mooe dnn hveive
<br /> monthlY P�Y��•a���'s sok discrGloe•
<br /> UP�P�!►maic in full of all anms sxiuod by ttus Security Insuumait,I,enckr slWl P�PUY�'efund w Bo�rowa any Funds
<br /> held by I�etda.V, under pra�aph 21.I.eackr shall ec9uic�e a se11 the Propaty.I.enda.Prk�to 14e acquisition ar sak of tht
<br /> --- prop�xtY�sh�tlll+�PPIY+►�Y Funds held by L.enala ai the ame of acquisidon a sak as a credit�g�inst the sums�ocurod by this
<br /> - - - �3 pp�tiw�of Payr�ir. Unless applicat:b law prnvides otlwwix,all payma�u roceived by Ianda unda t�ragrsphs
<br /> • 1 en d 2 a h�ll b e y�p l i o d: f u a t.�o a n Y P�Yma�t chuBes due unda the Nota:seca�d,ro�nounts payable unda paragr�ph 2:
<br /> third,w interest due:fourth,b principal due:and last,to any late charges dt�e under the Note.
<br /> 4,�I�ar�ei;Liea, Bomowu sinll paY �Il l�uca� assessme��ts.charges. fines md impositions atvibutabk Lo the Propaty
<br /> wWch may wain prio�ity ova this Securlry Instnunait,and lea9etwld paymcnts or gnwnd rei►ts�if any.Barower sh�ll pay these
<br /> o��unon+��ne m��er pco���ar�apn a.«u'noc�a�n�nac m�►ncr.Bo�ow�snau�y�on nme a�ocdy co�na
<br /> po�yoa dwed p�ynnaiG Bortower shaU promptly fwmish to Lender all notices of a�nounu to be p�id unda this pa�'agraph.If
<br /> ""�.�" Bamwer malces these psYmaits diroctly.Burrowrr sUall pcomptly fumish W Lenda receipts evidaicing the paymenn.
<br /> - -__= Barrowa shtlt promP�Y��B��Y lien which has priority ovu this Seciuiry Insttumait uniess Barower:(Q)egrees in .
<br />—�=�' writing to the paYmart of tho obligation sociued by the ikn in a manner acceptabk to I.ea�der:@) contasts in good fu�h the liar
<br />�_�" _-_=-= by, a dcfendg egainsc entoncement of the lia� in.IcgAI ProceaiinSa which in tLe L,ender's opinion opasta w prevent tho
<br />----�"�� enfacaneat of the liar, a(a)xcures from the holda of th�liai an eg�eement satisfactory to Lencfa suba�dinatin8 the lia�to
<br /> -��� d�Security Wtcumait If Lenda dd�amin�v chst any Part oF the pmp�stY is subjoct Oo a lien which msy attain priaity ova this
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<br /> •=�"`= Security Insuumeat,I,enda may give Borrowrr a nodce idauifying the licn.Baro�ver shall s�isfy the lien or e ona a more
<br /> ��-'-�`�-`'�' of the actions sec forlh�bove within 10 dtys of the givinB of notioc.
<br /> y�-�� Form 702� Y/s0
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