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<br /> � � 98�- i(l�SS�,
<br /> TUG�TH6R WI'�H�li thc impruvement�now ar here+fiCr erectcd on chc propcny. and�II cax►r�uiy, appurtenm�r.��, °�
<br /> fixturea now or haroafter a purt of the nr��eny. All rcplacemente and addltione shall alu► be cov+ored by �hie Sa:uriry
<br /> Instrument.All of the foregofng is referred to in thtu Security InRirument as the"Aropcny."
<br /> BORROWER COVBNAN'1'S that Bc�rrower ie lawtully scisai of tne ostate hereby canv�yed and has tlta right to grant and --
<br /> convey the Property �nd that the Propeny is unencumbered,cac�pt f�r encumbrances �t racord. Borrower wArrdnts and will
<br /> defend generally the title[o the Property Against all eleims and demunds�subject to any encumbrances of record.
<br /> THIS SECl1RlTY INSTRIJMENT combines uniform covenar,x�s f.ar n,atlonal use and non•u�iform covenants with limite�
<br /> xa�ri,�tians by jurisdiction to constitute a uniform secud�y��nstcunnenre covering rca��e�rpexx�r.
<br /> dJ'NIFORM COV6IVANTS. Borrower and I..etxM:r.c�nvrenatt►a u�r.d agKee a►s fo�C4ws:
<br /> 1, �'+yment �t P�ninci�l Aod Interest; Pre�ay�uem�t wad I.a�te ChAr�cs, &ircawuer shafA pzar,nptly pay when due the
<br /> , principal of u►d interest on the detat evidenced by tt�Note and any �repaym�ent and late ehargea due under the Note.
<br /> ? ��nds tar Taxss�r�t1 Iasur�ace, Subjxt to aauAic�ble law or to a wXitten wwive�by Lender, 8orrower sha14 pay co _
<br /> � Ixn�'sr or,thc siay!�!tar.t�ly r�yrr�enta are duc under the lVo,te,until the I�ote is paid in fuli,a sum("Fuads")for:(a)yeuly taxes
<br /> «Ra�assessments which may attain priority over this Securntylnstn►r�xnt as a lien on the Propecty; (b)Year1Y ieas�h°ad WY°�e°�S
<br /> ���r�,�rot!.n¢renis on the Pra�„crty,if any;(c)ytarly haa���l�r pr�opei`•tv it��suranco�r;e�inms;(d)y�early tlood�nsuranoe pceroiums.
<br /> i�auy; (ea�e�riv mortgage�r�surance�cmr.�iun�$, if any; 1nd{�a�ny sums paydl�lz by Borcoyver��l.ender, i,r..�cconlance with
<br /> ,� :tfie pmvi�ivns o��paragraph$, in lieu o�3��he pay'iii�nl oF mongage a»;urance pt�ntium9. 'I7use F��tms a7e c�llsii "Escrow items."
<br /> Lzncter rn�v, ��any rime, �o31�ct and ��ji;i Ftmds in an amoun�noi �o exceeu� (#�z niaxSm�irn �mouni a lendar for a fcdc►,nl3y
<br /> `::i , rei�ttd mortgus a loan ro�ty requin for Borruwec's�;scrow xcouns under thc feci��ral Re�l��ia�r Scctlemenc Procodum Aci i>•i � . ��.'
<br /> - 197d as t�roendai from time t.�time, 12 U.S.(:. Stc3.ivn 2601 er seq. ("RESPA"), unlbss anoiher taw Uhat applies to the�unds :;,,.
<br /> ';ii s�is a lesser,amount. !f sn, Lendor may, at any titce, cc�llect and� hold Funds in an amouat not ta excoed the lesser amount. ..
<br /> :�� '.• }�nder�y�siimate the amount of Funds due on the basis of current deta�nd reasonable si2ilr�ates of expendituros of future
<br /> `�y�w;llenu or.�thenvis��ip accordanc��ri�fi applica;��t law.
<br /> � sfi'tee.F.wn;ia shalt Fx. held in an insaitution wr��sr ��tposits are insured fi� 1�fedtr�l agen,cy, instruxn.ent�lity, a��ntiiy _
<br /> �;. (,inc]at�ca���re.fl;kr,if C.ender is such an institutiony a�r,�.in arj�Federa!Hocne l.or+n�F�=�n�k: Lendcr sri�ll ap�ly,ni��e�runta.��;m pa�i i1,�, .. __
<br /> � lEi�crow Items.A.ender may not charge Borrower for h�,l;d�iaig and ag�j�urca the FumBs,uuivai�y an�al.,yzing tiae;:scroe�;icct�l��n't, ar.'.• ,, , .,:
<br /> . verifying the l�scrow Itcros,unless Lender pays Borrower interest on tttie Funds and epplic�ble QdwM QoCrmGs L.ender to m�P,�e.su�h ; ' .
<br /> �; a charge.However, I..ender cn�y requir�Aorrowcr to pay a onatimc charge for an independent r:�l estate tau reporting sccr-.i���t
<br /> .� used by Lendar in connection with thls loxn, unless applicable l4w provides othcrwise. Unlesa an nB�ament is made or
<br /> applic�bte law requtres inteRat to be pnid,I�dcr shsll not be rcqufrcd to p�y Borrowar any interat or euninga on the Funds.
<br /> '� Hocrower u�l l,ender mey a6ree in writin6. however,that intercst shsill be piid on the Fund�. �ender shall give to Borrower,
<br /> '} wit!►aut duirge. u►umwl �orountin�of th� Funds, showing crodits aad debits to tl�e Fc,nds u�d the puTo�e fot which eaclt
<br /> debit to tbe Funds wu m�de.The Funda ue pled;ed�s addidon�J �ecurity for�ll sums sa�urced by thi�Seturiry Iastrumeat•
<br /> 1t ttie Fuada held by L.ender exoued the unouats permitted to be txld by�lic,�ble I�w,I.tnder shdl aa�ouat to Hormwer
<br /> fnr the ezoess Aundi ia�ccordar�ce with the requircnxnc=s ot applicabla liw.If the�mount of the�unds beld by l.e�kr x u►y
<br /> a time is aot su�cimt to pay the Fxrow Ito�when due, Lender may so notity Aarrov��cr in writina,u�d,in such ca�e Bomowet
<br /> stull pey�o Lend�r the u�wunt neassary to m�ice up thc deficfency. Borrowcr sh�ll m�ice up tho deficiency ia no more ttua
<br /> t�elvc month7y payiaea�s.at Lender's sole discrction.
<br /> ',�� ppun p�ymwt in [ull of xll sums socured by thia Security lnstcument, l.cnder shall promptly refund to Borrow�r anY
<br /> �A Funda hdd by L,enckr. If,�wd�r p�rngraph 21,Lender shall a�quin or xll the Propeny.I.ender, pdor to the acquisition ar sale
<br /> .,s.. of the PmpeYty.sh�11 aPpIY ury Fw�ds held by Lender at the time of acquisidon or s�la u a crodit against the suma aecurccl by
<br /> v 1�116'SCCU�II�/ �OStY11II1C11t.
<br /> '.•'� 3. �ppt�s�o�ot paywe�ts.Unlcss applicabte I�w provWes othe�vise,�tl paym�nu raxived by Lender under para�t,r.,�phs
<br /> � 1 ou�d 2 stull be appliai: Artt, to anY P�Y�t chuges duc under tbt Nde: second, to amcwnts p�y�ble w�der p�np'�r�2:
<br /> Y� thind,ro interat due;foucth,ta principal due;and la�t,to�ny lue charga due uader►he Noto.
<br /> : 4. ChaRes;l.kss, 8o�rowe*sh�Jl pay all t�xes,aasessmrnu,cl�uges, Fuxs and ia�positions attribut#bRe to the Pt�opaty
<br /> ; � w�i;�h m�y �tt�in prioriry over this Socurity Instrumrnt, u►d leasehold paymenta or ground renu, if�ny. Borcowrer shwU MY
<br /> , these obliguions in the uu�nner provided in�araph 2, or if not paid in thot manoer. Botrower sh�1l P�y them a�time du�xtly
<br /> to the pnsc►n owod payma�t.Borrower sh�li promptly fumish to I.axler all notias of amounts to be p�id rm�de�thu Pu�•
<br /> ' xf Bomower m�lces thcse paymaus dirxtty.Borrower shall p�t+oroptly fumish tu Lender rxeipts evldencic�g rine�symeats•
<br /> , '� Borrower si�all pmmptly discharge any lien which hn+prioncy over this Security Insauma►t unless�+'�wtr:(a)sgrxs in .
<br /> wci[ing to the payment of the obtigation secured by the lien in i m�oner scaptaDle to L�ender;(kr1�s ib 8°°'�[�ith the liea
<br /> by, or defends a�unst rnforetmei►t of the 1[en in, legal proceodings which in the Lender's opiaion operate �a Pc�en� �
<br /> eaforamtttt of the lien;or(c)secura f[om the holder of ihe liea m a�reemrnt satisfactory ra L�mcltr wbordiwcinE the lier►tu
<br /> this Secwity Instrua�at. If lxader determines that my put ot the Property is subjoc�: to a liem rrhich may utxi�Prioriry over
<br /> this Security[nstru�aent. L�er�der mny givc Horrower�naice ideatifyina the lien.Borrower shall s�tisfy We liea ar talce ot�a
<br /> more of the sctions set fonh ibove wlthin 10 days of ihe givins of notia.
<br /> Farm 3�2r fll0 _
<br /> .. ��6V111E1 nxia�.o� �apz de �++��r- ,�t t
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