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<br /> 'fOt3E�'HbR WITH�il the Improvemen[�now or herafler erceied on ihe propeny, and all rasement�,�purt��u��,+u�d
<br /> �„��,,... .,nW nt hwr�aft�r i Man nf tiu! nr�nerty. All repl�cement� aad addition� ahall also be covercd by thi� Security
<br /> Icutnuaent.A�I of the forc�ofa�i�eeferred to in thi�Security Instn�ment a tt�e"Propeny."
<br /> BORROWER COV�NANTS thu Borrower i�l�wflilly Kisod of the atue he�cby conveyed�nd hu tho rl�hc to�tr�nt and
<br /> convey the Pmperty uu1 tlut the Propeny Is unencumberod,exetpt for encumbnnces a9 rerord. Borrawer wur�ntt and wfll
<br /> defend�enerally the dtle to the I�ropeny s,��inat�Il claicn�iu�d dem�nds.subject to�y es�;a►mbr�nccs oY record.
<br /> TH(5 SECURITY lNSTRUMENT cambines uniform coventnta for natiorud use�und nan-unifarm cuven�n�s with Umited
<br /> vuittions by}udsdic�tlon to constftute�uniform secuHty instrument covenn�real propcny.
<br /> UNIFORM COVENANTS.Barnow�er uid l.ender coven�nt u�d aga u followc:
<br /> 1. Pq�nent o�Princi{xl �nd Inta�at; 1'Pepayment and l.Ne C6�r�a. BorcoK�er sh�li promptly p�y when due the
<br /> principtl af�nd intenst on tbe debt evidenad by the Nate u�d any prepaymem�nd 1�►te chuees due under the Note.
<br /> 2. fi�nds [or T�za�ad Iniur�nce.S�bjoct ta applic�bla law or to a wiittm u•xiver hy Lender, Bormwer sh�11 p�y to
<br /> l.endet an the day mon�hly paynxnt�ae due under tho Nn;e,um11 the Note i:}�id ln full.�:um('Funds'>for:(�)yeuty t�xes
<br /> urd assesuames which mry u�sin priodcy ovar chie Socudry lrunumem a�Uen on the Propeny;tt�)yeuly leasdww p��nKauc
<br /> or gmund rents on the Property.itwsiy;(c)ye�rly h�zard or properry insunu►ro premiums:(d)yoxrly flood insuru�oo promiums,
<br /> if,nri�r:(e)Yearly monga�e insu»nce premiums. if any: u�d(�any cums puy�ble by fiamnwar to l�ndar. in�cooM�noo with
<br /> rl�provicioas of pua�raph 8, in lieu of the p�yment of mort4�ge insurana premivau.Thcsc items ue�Ued'�etow Itomc.'
<br /> i,enckx msy. u wy time.collect�nd hold Funds in aa u�wunt not to e�eal tbe muimum �maunt�landa for a fe+da�tUy
<br /> r.elaeed�nortgage loaa may roquire for Botrower's escmw a000unt w�der the fCdenl Real Est�te Settlomeru Prooedura Aa of
<br /> AStT4 as ameaded from cime to ciroe. 12 U.S.C.Section 2601 et seq. ("�PA'),unless�nother I�w thn y�plia to the Funds
<br /> xts�lesser anwunt. If w�� zay. t�any tiiae,callea aad bold Fuads itt�u�mount not to exoeed tbe les�er amount.
<br /> �,� I„p�der rnay escim�te tht unu�c�t oF�s due on the basis of curnat du�and n�wn�ble atimua of expabitum of tuturc
<br /> F.scrow Items or otherv�isz ist a�ord�.a�ace wi,th ap�rl;i�ble law.
<br />, Tbe Funds shall be helc8 ia an iastitutiion, w4ose deposjts are insut�ed by a foderal �aicY, lnsuumerudity. or eadry
<br /> (includin�I�rnder,if Leader is sucl�am insricuciae1 or lu aqy Fakcal HAme r.oan B�nk•L.ender shall�pply the Fuc�to pay the ;
<br /> Etcrow Itemc.l,ender may not�urge Borrow�er for boW�ag�nd+�pplyin�the Fuadc.�anudly nWyzln�the eraow�ocount,o�r
<br /> vecit�n�tbe Fscnow ltems,uW ess l�ender pa�rs Borrowec iertet+est on the Funds aod applicable law pennia L,esider to m�ice surh
<br /> a cbu=e.However.l,ender may require Bonnrnxes to pay a ou�-titae d�tuAe for an independait real aotate su reponIoj ravia
<br /> uted by LaKler in cannection wlth this lo�, ��m�sss �pgeirable !aw provid�s otbawviae. Unlas an �eement is made or
<br /> �pplicable liw cequires interrtt co be paid,4p1�A;:r sh���po�h�'�vquIrod co pay Borrower any iaterat or eunin�on ti�Funds.
<br /> Boirower�od Lsnder mav�Rre�.e�n �uricinft.l�owevrs;�1C inc�r�t.��Il be ptid oa the Funds. Lender s1u11 give to Borrower,
<br /> wlthout ch�r�e. an aanual�coowx:iL��tl�t�e'.�unds�s'hdnainq �:rebitt ud deblts to the Fwads wd the putpwe tar which�ae6
<br /> �••�'• debit to the Funds was made.'1Le Faan0.�'xca g�lec��d u�cld�tioinl securic�f+mn all s�ms securod Qy this S�cc,uriry I�un�ait. . ..
<br /> If the Funda lxld by I.a►derea�cad tAe.pmuunts pern►ittod to be hel�hy spplic�ble law.L.es�d�a.�tK;ll account co Bonnwer
<br /> ;• ,� for rhe exoas Fu,nds in acoor8a��aitt► tlx#�uinements of ipplicable law..If che�moituc of tix Fuiii�held by Lxndor u it►y .. .. . ;..
<br /> � • titn�3�aot auft'icient to pay the ]�scrr.lr itou�s when due.L,ec�der may sa notify Borrowes�in a�titing,uid.in suah�So�towCr,. ..
<br /> ,,`., s6�11 p�y to L.eader the amoua2 �ei�,��,ssAty to m�ke up the deficiency. Borrower sh�ll r�:�tp the deficiancy 1n a�,"as��c�'tb,aa�'�` ;•;,;,
<br /> ��' !,, tMdve nwnthly paymects.u La�det"elole Q�a�sion. `• .�•.� ���'. ,
<br /> Upon paymeat ia fuU af all sums �c�i�meil�by tl�c Sea�riry Instranoeat. La�der ahall pmmptly retund w Borrowu any'`��...,
<br /> �•;'. � tfitods held by L�eader.lf.uader pzra�ph�:Q�:L�.•ader shaiU�cquire or sell the Pro(►eity.L�eader,Ptior tv ti�e aoquisition or We
<br /> of d�e Propeay.:hall spply�ay Funds held by l�ckr�t t1�e ti+�ae of acquisi[ion or cde,�s credit apinr sbe wans�ec�uM by
<br /> thit Sxutiry lnstrument. •� ' :
<br /> . 3.Appiie�tio�ot P��eats.Uakss�pglicable law provida othawis���ll pa�nli�nts reaivad by I.eoder under p�r�phs� .,
<br /> :-' ti 1�nd 2 sh�ll be applied:firu. to mypoep�ymeac charaes due under thr;Vant:secon�,�w�maurts payable under p�ajraph x;, ;,� �,:.,
<br /> thicd.a iaerest due;foiuth,to princip�l due;aod lut.w any la[e charges dut ubdet tbe Nate. ��y��� , ;,, , :...
<br /> :;,�t�• 4.CYn�s;IJeas.Bortower sE�U pzy all auces.�sussmenu.c6arBa, fu�es an��iniPositioas�ilbel�lle Eo the Pioperty � ��;;;,��,
<br /> ;;;� , whir,t���nuy attain priority over tbif Security InKiumeat, �od lea+eboW paymeatz or�round neau. if my. Borrowa�aU pay ,� .
<br /> •`���, thas�r•.�bli�tfoas in tbe ID�ooer�rov9ded in parq�r�+pb 2,or if not paid in thu m�naer,Hbrrox�er shall pay the+m on cime diraxly .
<br /> : -, w tbo�et�oa owed paymeat.Bonowa ah�l!RR��T�PaY fumish to I.eader all uotioa of amounts to be•�aid un3er thi:p�rajc�pD. :
<br /> �:,� `� If HotmNer maka ttx�e piymu�ts dfratly.$utrower�Il Pi'umptlY t�roisb to La�der c�axip�t:evidaici�g the p�ym�. ,.
<br /> � . ' %Bo�rowa sh�lt p�onyxly di�chat�e any liea whlch 6as prlority over tLis S�ecuriry Insnumeat.udas Aomowa: (�)�arqes in
<br /> writli�.to t6e p�ymeat of tbe oblisuion aecurod by the lka in a muuxr aocepubie to l�eader;(b)conteus in good�th the liw .
<br /> ;., by. ar defeads again�t eaforoernent oF the liea in. legal p�ooeediaas whic6 in the l�eader's opiaioa c�peraitc to prevent tl�e �,.�...
<br /> � enforament of t4s�iar:or(e) saura from che holder o!tbe l�ea aa�rameat satisfactory co Iander nibord'enxGqQ the liea tp ;.. ,
<br /> this Sayrity Inst�yr�^�►c. if Lender ddermiues thu my put of the Properry is su0ject to a lien rvhich mry act�ia prioriry over,�. ';;r
<br /> , . this Secur�ry Instni�ent.Leader m�►y pve Boirower a noticx iowuiyiug�et liea.Sorrower shall�tisfy the liea�.-s:ke oae or• �;:, ���`
<br /> nare of the actiona i�t forth�vre�+�iithia 10 days of the givIna of notioe. ' � ���'' .
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