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<br /> TQC,iCsTH[3R WI1TH w; the improvements now or txrtafter erectcd an the pmperiy,arKi wll ease�relft wp�e�nar��ce��itif
<br /> fixturcs now on c�re,�Rer e part of the propeny. All repinc:ements and udditions shall also bc: cuvered by �hi� Secatity
<br /> Instrumcnt.All af tF►e taregaing is rcferred ta in this Socurhy tnslament us thc"Prc�eny."
<br /> PORRnW�R COVENANTS th�t Bormwor ic Imvft�lly s�ised of the estata I�rrr.hy ronvoyeci anclluis the right t��gr+�nt�nd
<br /> ��onve��the Propeny u�d �hat Q�e i'mperty iF unencumlxrod, except for encumb�a�lce�:nf record. Borr�wer►vxrr�ttts wnJ wili
<br /> dofetxl generally 1h�titk ta ttw Pmperty Against all clsim.v and demu�ds,subject to any�ncumbrances of rccord.
<br /> TNiS SECURITY 1[�S'I'RUMP.NT combines uniform cavenants far ruitionnl use ancf non-unifi�rm covenYnts with limited
<br /> variations by jurisdiction to cc►nstitute n uniform socurity inxtrument covering reA!praperty.
<br /> UN[FORM COVENANTS. Borrowcr a�xl Lencicr covenanc and agroe as follows;
<br /> l. Payment ot PrF�ci�l pnd Interest; Prep*ymcnt and Lwte Ciu�r�es. [iorrower shafl pnimptly pxy when due the
<br /> �rin�ci�el.4f nnd interest vta tF.ro debt evidenced by the Nnte and any p�epsyment a�xllate cl�arges due under the Note.
<br /> 2,�!anrii4�►r Taxes�nid la�sur+u�ree.Subject to applicable I�w or to a written waiver by I.ender, Bormwer�hsil pay to
<br /> I:.ondor�3�;r,i;;rc�C6�=;s,montl�t}�paymen�:s a�dur.ixn�cl6er che 1Jate,u�til the Note is paid in i1dl,a sum.!"Funds")for.(x)yea'ty tu.ea
<br /> a,ndi asses§nk.nz�which t�r,�j'�,ctain prio�ity�r��r.this Secur.i.ly Instrument us R lien on tfte Pc�.�erep�(b)Yeyr.}Y���P�Y��
<br /> ot ground rcnts an the I.�i+u��,�:f6y,if any:(c}���rty hazaz'd ar property insurar�ce N+nemi.ums:(d)�reuL�r tTooct ineuratwce pcnm.�ums.
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<br /> ,a.. is-.;,�, � i°,3„,.....�_neis�rmnynem; if atlY: und(�:�nx sums pay+ble ky B�cr�r.owr�to�.enckr, cn.seeorcf�c�cb w�.t
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<br /> d�e provisians c�'paraBr�Ah'�.:�n lieu�S'�:a::payment af mong�,a irr.wrtuia prcmiums.7ft�sse itcros are�Ilad'BscroNr�eans."
<br /> I,endu cn��,,•ai3 an}+ time.collect and b�i�J Funds in an amount ncr�:to excexd the maaimum aa�unl a lender foc a foderatEy
<br /> relatod�rqrt��;%t�:4 loan may�ipquire for Borrowe�'s escrow ace.�ount undcr the &xferal Real Estxfe Settkment Procodeues Act ot
<br /> .•15►74 sc.a�ix�d from air�c r,o time. 12 U.S.C. Section 26U1 et scq.("RFSPA'),unless another!Aw ttwt applies to tbe F��tnds
<br /> ��, ��t��ari�;4'�x�uiinount.lf 90, ixnder may, ac any time, oollect and hold Funds in an a�nount not to oxoeed the ksser amoq,�t., •
<br /> L;c�r.�n�a�p�e::ti�te tha anxwnR of Funds due on the basis of cumcnt ciata and reasonAbie estimates of eapenditures nf f�uu:��^� ;
<br /> ��w`�j¢r�a��s�=,c�therwise in�ccordanc,�e��vith applicable l�tw. � ,
<br /> 'I'hC"Fi,;uls shaU t�e:lleld in �[I Y11;uiti�Uon whose deposits are insuroci k+y a fedenl agency, instnrn�entality, or h��[ity
<br /> � �iincluding I.er�e�,if l:et�dcr,is such an iti,�ti}�*'S,�)os an any Fdderal Hocne I.�owm�t��lc.Lender stisll apply tho,Fµnds co(�y 1hc. . ,.:� -
<br /> ' .�ycmw Items. L,ender�ssry n�i ciu�rge Borroder for holding u�d q►plying thc k�Mae�s,bnnuxlly an�lyzing the cs��rmv�1wM,a' _
<br /> verifying the Eserow It��,rqs,,unless L�rJer pays Borrowe:iMerest on lhe Funcis':u�l,;pplicable lsw petmits T..+e�rcl�rta make suc�h ,
<br /> ^�.ar;c. Ho��t�er, Lrs.�r,r•y m�ii��M•Tk+rmwer to Qnv�t one-dit�ch�rAe for Ali',iiidepende:r�;ti:tl tstate tax.li'po�ti�xe+n���
<br /> ti.psed by Laic9�er in corr�Kction with thix laan, unless applicable �law proyide'sf iail�rwise. Q7.nie��.5 un agree�nent is �NI•� ,�t ;:I::
<br /> .' .�ip�lic�ble law requires�ml�itsi to be paid.Lender shdl not be �quirni to WY l�urrower�ny inlerest or esirn��;c�.d���i,fRl�s': :`•;_,_
<br /> ' : i?wtower�nd i.rnder may-agra in writing, however.that interest shall be pva�;c�n thb'Funds. Gender sh�t��;se.,�b.BQ}Y�►�'er. •' °
<br /> •'.•.;.i�vithout charge. ui �nnwl sccounteng of the Funds, showing c�d�t��nd debius.1u �he Funds aqd the puepoet'�'br wF.ur"h'!r.►�Ch
<br /> � ' ';;yiebit to the Funds wac mde.The Funds are pledgad as additional sG�uriity for all ssunu savre�''h;'ihls 5awrity In�utt�s4t'i�. '
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<br /> ; : If thr Furds held by L.ender ez000d the atnounts pamitted to bt held by applicable law,'�.,�:nder ahall t�coounc w�ii?oe���
<br /> �:,. {or the exoess Funds in acoordance with the roquiranencs uf sppliclble law. If the snwunt of the Funds held,.by I�eader at'3ny
<br /> time is tat sufficierit to p�y the Escrow Icems when due,I.a�der may so notify Bocrower in writin�,ud,in'8ucd atse Bormwa
<br /> shiill pay W L,eodex the nnount �ry to mrke up the de�cienGy. &xrower shall m�ke up the deficienCy in no na�e tb�a
<br /> twdvc r�wnthly p�ymaris,at L.nda's x�e discrction.
<br /> UP� P�Ym�at�in full of all wm.g'secured by this Sacurity Instrument. Ix+xkr shaU pran(xly rtfund w Borrowex ar�y
<br /> Funds hcld by is�der. If,under p�ngr�ph 21,Leoder ihall eoquire or sell the Property,I.ende►,prior to tbe acquiution or sa{e .�
<br /> of the PropatY•��ApP�Y�Y Fund3 held by L.ender at tlre time of aoquisition or ssie ss n crodit�ainst the sumr�ecured by ��.
<br /> �this Secudt�.Inshuma�t.
<br /> 3. A,�;i�c�flo�a ol'Prymeuta.Ur�l,eas�pplica�le IaM►provides;���htrwix.�Il p�yma�ta roceived by L,ende�uader p�rqr,ppM
<br /> ,. '• 1 antl Z ��hifl8-s�,�;�ied:firat, W any'�;.;��yma�t c�ut�ea due uni��:r die Nate: seoutd.to atnour�Rs paYabk utder p�tagt8,�ti�: ,
<br /> i�;�,�•�t!►iril,co il��ra�e a„e;:tq��r�q,to prinrip�h.{hu;and last.to any ls�te'ch�rges due u�da tlee Nae. :
<br /> ' '� ' 4.C�e�es;Uci�-iaRixrower s�ull py all tuxc.�,�sesa�r�aus.ctwr8es,fina and in�positioris anribuwbk to the Propaty
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<br /> •'••"•Whicfi may�ttain pic�r�iyuvu this 5acurity I�utiument. atd le�sd�old payma�ts wr gmund ralts, if any. Honowe�sinll py
<br /> d�ae obligations in the�r providod in paragrsph 2,nr if na poid in thst muu�er,Borrowa slWl p�y than on time dira:tly
<br /> to tbe prr�e+.n owad pryma�t.Bomawcr s�hrJl promptly furnish to I.ender.all�otias of artiounta w be paid under this p�n��p�h.
<br /> .,•.,. ti,Burrovik�t-►mkea these pnymaxa dir`ac�ly,Barrower shall Peompdy furnish to I.a�der reoeipts evic:rncing tk paymarts. •
<br /> �� '�` � ' Bornower�hall P�omptlY disch�rge eny liCn v►°�ii:h,has priotity ovo�this ti�:p�riry Inst�uma�t�tnfess:Fi��,.+wer.(�)a`rees in ,,�
<br /> �'.� • utd hith t6e tien '
<br /> ' .'.:,. writing to tba pyma�t of the vblig�tion sacurod b,?'.��;qe lien in a nwmer aooe�tajile to Lraxler:(b)oontests W�pi;,,'.,
<br /> by, or �efrnds �gainst entoroement q1'the lien in, legsl procaaiin�s which in the I,e.ndu's opinion qcti��ta prfM�Rh'►, �
<br /> enforcp►r..rt of the Ilen:or(c)sa.�ures E:rdm the Ix�lder of th�leap stn ngrama�t satisfactary to I.�nckr r�t�aw.'h'q�e to
<br /> ',•,�� this 5onir;�r>},�natruma�t.If Lendor dettrmines tlu�t,�?'y,[�of�Ac:.PropenY is subjea to a lien whlch mr�►;aR;�a��d�',i�ai��r>uvu •�"
<br /> •Fhis Socuriry lnatnrmer.�nt�.'�'.tc�der rr�y give Burrow�q�r;n�utioe ident�fyin�Ih�kirsn�.Rorrower sh�ll satis[y thF�"�i:;�:�,�+ar uke one or f%-. „
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<br /> :',,.,�•. . rrr�rc of the actiana s�(r';Ek•ict�rr�ve within 10 days of 7tte Nivir�g pf axNict. ' '; ., , • • .
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