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<br /> TO(lf?THER WI'�H �II the impn�vcments r�aw or t►trcdter eroctod on tl►e pm{xny, a�xl all'cace�+�entF,a}►{wnen�rrces.
<br /> fixwres �xiw or heretiflGr � put of �he pn�perly�. All rcpl�cements u�d �dditions slwll xlso be oa��eral by �his Sncuriry
<br /> Inxtavnxnt. All of Ihe fnregoing i� rcfcrmllc�in this Stc;urily Yns�rument as thc"Fr.:pcny."
<br /> BORROWGR COVENANTS ttuit Borrower is lawfully+eisal of the esu�ca t►ereby cc►nveyed wnci iu�s the right to grant uici
<br /> �►nvey thc E'mpcMy �nci tAu the ProQeny ix unencumberrd. exceQt tc►r ri��►mbn�nces of rceoni. &.tmaKr w�m�ntR xrw! will
<br /> deftnd getxrally lhe Ntle ta�he Pmperty�►g+�inst��I cl�in►s wxl aknuu�ts.subjcxt to Any encumAr�r�ces i�f rocorcl.
<br /> THIS SECU�tI'1'Y 1NS1'RUM�NT cambincs unif��rm cavenAn�c for natinnal use enci non-unif��m�c.�c►vcnAnts with limitod
<br /> vxri�tion�by jurisdinic►n to conuitute a unifomi soa►rit��inslrumant coveriag real pmp�rty.
<br /> UNIFORM CU\'I?NAN7'S.Rnrmwer�ud l.an�ltr covenant ud xgree�►s fallows:
<br /> l. PsymaN oT f�r(�ntlp�t)�nd Yntcnct; Prol►���ment irnd late 4h�r�s. [ic►rn►wer siull promM�9 P�Y wixn due tl�
<br /> principal of and int�rest on the:cicnt evicfencal by the Natc anci any prepuyment and(�te charges due under the N�xe.
<br /> 2. E�tar Txzes�nd Insuaace. Sut�joct to rppllcable law or to�writteo wxiver hy Lender, Bomower shall ps�y in
<br /> l.encier on►he day monthly�ymen�s nrc due under!hc Nate, ndil the NcNo is�id in full,A sum("Fwds")for:(a)yarly taxes.
<br /> �nd ass�ssmeMs which mwy�ttain priority over this Security InsUUment�.c a lion an tt�e Proprrty:(b) ytarly leas�hold payn.�eots.
<br /> or gmund rcnts on tht f��perty.if any�(c)YeutY haz�rd or aroperty insu�noc pr�miums:(d)yarly flood insuranoe premit,ms,.
<br /> if sny; (e)yeuly mongYge insurance Q�rmiums, if�ny; wd tf��y sunu payable by Borrower to i.�ecicher,in aocordance with:
<br /> the provisions of paragraph 8, in lieu of tho p�yment of mortga6e iacurxnoe premiums.Ttiese items ats r,�ll�ecl "Eserow l�ems."
<br /> L,ender may, u any time.rolldct and hold Funds in an amoud not to ex000d the maximum acnoux.�:m I.enckr Rx a Codedty
<br /> rclstcd mortg�ge loam m�y rcquire for Barrower's escmw pc,rount uncicr ttro fodera!Ressl:Estate Se�ltem,esrt Prooedurex Act of
<br /> 1974 as amended from time to tinx, 12 U.S.C.Sectiun 2601 rr seq. ("RESPA"), unless arnfhcr I�w tf�t q�lia w the Fwds
<br /> sets a lesser amount. If so,l.ender m�y. u any time, collect u�d hold Funds in an unqunt rnvt to��c�eed the le�ser �un�ount.
<br /> Lender msy estimUe the amaunl uf Fwxls due on the buis of arrent data and roaso�>f�e estimrtes of eapaditura of fulwe
<br /> Escrow Itnns a•aherwise in�oonrd�noc with�Qlicable law.
<br /> The Funds stwll bc h�ld In un institution whose dep�si�s �re inwrod by a� fixkcal age�cy, instrume�wality, or c�xity
<br /> (including Lender,if ix�xkr is such�n institution)or in any Federal Home Laan Baof�.l.rnciet shall s�pply the Funds to pay the
<br /> Escrow Items.l.ende�may nnt charge Borrower for halding and�p�plying Ihe Tund's��wlnwlly amlyzing ttie escruw�ocount,or
<br /> verifying the Escmw Items,unless I.ender puys Burrower iMarest on th�Fun�s and apQlicable law pa�mits Lenda to make such
<br /> a chuge.Hnwever, LerKia may noquiro Aomower to p�y a otx�tittx ch�rge for an indepadent ral r.strte uuc reQoctina te�vioe
<br /> used by I.ender in oonnection with this Ic►an, unless applicable I�w provida othe�wise. Unless an a�neanrnt is mde or
<br /> q�plicabie taw roquires intenst to bo�id,L.encler shall not be roquirod tu pay Rorrower any interest or dmings on tt�e Fwds.
<br /> Borrower ud Lender rrury wgt+oc in writing. �owever,that intecest shall be paid on the Funds. I.c�les�ll give to Borruwa, •
<br /> without chuge. an an�ual�ccounting crF. d.ue�1Fu.ncfs. showing ;redits std dfdsnts to ttie Funds und t�s q�urpc�.se for which ach ;
<br /> debit to the Funds wAr;made. '['b�e Flunts are�PxrA,�u additiornt sa�r.i��r far.:.ild sw�s socutal by this St�curity Inctiwneat. �•.,, •••
<br /> If the Fwrla held by i.a�der exeoed the amounts permiuod to be�efd l+w�ic�flo Il�c.i;-Leixkr shall�oco�ux W BcuroMer . .
<br /> for the exass Fu�ds in saundnnce with the roquirertKnts of applipble Inw. If the amcata�'t�c�'f tht Fwds hdd by L�ender at�e�►
<br /> time is not wPficient 3o puy the Escrow Items when dne,I�ender m�y so notify DorYOwu in writina.snd.in such a�e Bort+oacr
<br /> shdl p�y to [.eador.ti�e�amount noassary to mske up d�e deficiuticy. Bornu�,v�r stWl make up the cietECaency in no rtw� dan ;
<br /> . twelve monthly payn�nYs,N L,Gnder's sole distretinn. • "
<br /> Uppn ptYma�t in full c�f al! sums sxurod by this Socurity Instzumcnt, [.ender b1i�11.P�Y�� ��'�'�%'
<br /> �ut�,o.i�id by I.erKkc.If,under par�g�ph 21,[.endcr shall woquirc or sdl the Ptoperty.I:ca�der.prior to t6e aoqulaiqoi�or Wt
<br /> ,�,�::;'•. of tlie���roperty,shull apply u�y Hunds held by[,ader at the time of aaquisition or s�le as a crodit aEainst the aumt�securied b�►
<br /> � . . this Socurity I�tricslc, �� � :
<br /> �' 3.App�iatloa bt P�rae�ls.Unless q�pliabie law provides u�h�iwise.all paymrnts�oceived by�l..erider under p�r�graphs ` . ,
<br /> I a�i 2 st�all be appliod: first.t�anY PrcWY�t chargas due unda the Note: second,ta,amounts pay+�bk under p�ragraph 1:
<br /> third,to interest due;fourth,to principal due;and last,co u►y Ire dwrges due wder�he N���.
<br /> 4.CMwrtrs;L1ens. Borrower stall p�y all taxa,assessrnents,charges. fitxs and irhpositiau attribut�ble to the Pta�paty
<br /> which may atuin�r+ority over this Security Inucument, anei lasdald payma�ts or ground cems, if u►y.Ba�rower slWl p�y
<br /> .. '. tlkae t►bligations ii��,"�e mw�er prnvided in paragr�ph 2,or if not peid in that rnaru�er.Horrowa slull p�y them a�time dit+atly .
<br /> , to the�rsun owtd peyment. Bomower stwll promptly fumisti to i.rnder all noti�ea of�tmunts to be p�id unda thia pw�gt�ph.
<br /> �If�ox�s�3vbr makes it�e'µYments diroctly,Bomowe�aliall�rF,rnptly furnish to La�der f�ccipts evida�cing the ptyma�ta.
<br /> - "`�'.�k��sapwtr sha11 promqly discharge any lirn which h�.c pr:iurity nver thls Security insm►meM unless Borrower: (p)agrea in
<br /> wiifid�'to the pax�eht of the obliguion se�curcd bp.thn liert i��m�nnu accc�blt to l,e�der;(b)contats in good fath the lias '
<br /> by. .di'•.ckt'ends agaiu��t en(oreement of the lien i«; lega( pi',traMings which in the Lender's opinion ��xrate to pnavent the
<br /> enfc�rc;�raent of the lirn; or(c)socures from tiw�dc�IcJe,r of the i�re�c,u►agranxnt sstisf�ctory to I�erdet�s�w�.x�tdinuing the lien w
<br /> c6i��:aUC�uriry Instcument. If Lendrr,determines that-a$jr pur�:��F��i�Propnny is subjoct to a lien whiCli rolny xttr'sn,�Y,7rioniry over
<br /> tt�i:��;;.v���:�fry Instrument, Latder n�ax�;ire Bornrwer a notice iw�cnfifying the lien. t3orrower shell stit'r.a��t�►e liai�rir c�i;..:one or '
<br /> mor�4st the accio�Ts sa forth abur,e w+icheir:tC�a�n;��.of the giving of notice. � '� '
<br /> • ' ' Fon�302� MO '
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