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<br />"' '"�' TOGETHFR WITH ull Ntr impr�roemants now on c�rc:.�Rcr crcctcd on thc pn��ny. un�!;dl c;iumcnt.r, uppurt�nanrcti,und
<br /> ''�'"`." fixtures nuw on c�reufter a part c�f the pro�xrty. All replacernents nnd udditianti ,ludl al�u hc cuvered hy thi+ Sccurity
<br />,,;e�,_- Instrumcnt. All uf tlir (urc�i,ing i,rcl'crrcJ t�� in this Sccurity Instrununr uy�hc "Prn�kny.,'
<br /> • BORROW�R COVF.NANTS thal Hnre��wcr i�luwfully sciscd�il'thc c,tutc hrrcby runvcyrd nnd hus tlm right tu�;ruot u�id
<br />__•. . � amvey the F'ri�perry und tl�ut thc Nr�iperty is unrncumbereci.¢zcept tiir enrumhrancr. uf rcru�d. Narruwer wurrunn :ind will
<br />•�=;; defend generally tl��title ta the Prapeny ugniiist all claim+nndJernands.suhjrrt ta uny cnrumhrance�of rccurd.
<br /> T!!1S SECURlTY IN57'RUMENT cuuibincs uniti►nn .:n•r��i;�nl+ fi�r nuliunul u,e uud nun-unifiam cuvcnunt� �rilh IinutcJ
<br /> vuriutiims by jurisdiction to constitutc u unifc�nn security inst runwn�a�vcring rcid pn�pcny.
<br /> _�_,.�„� UNIFORM COVENANTS. Borrowcrand L,endcr covenant:rnd ugrcc as fuUows:
<br /> `��w l. R►yment of PAnclpul and 6iterest; Prepayment and l.ote ChyrE;eh. Borrower shull promptly pay whcn Juc thc
<br /> � " .� prinripal of and intcrc��an thc dcbt evidenccd by the Notc nnd sny prcpayment and latc rhi�rgeti duc undcr thc Natc.
<br /> 2. N�nds for Tt�xes and Insurunce.Subject w upplica�6le luw or to a w•ritten wuivcr by l.ender, Borrc�wer shall pay to
<br /> Lendcr on thc day monthly paymcnts arc duc undcr the Notc. until the Note ia paid in full,u sum("Fu�xls")fi�r: (a1 }�carly tnxes
<br /> , ;� and assessments which may attain priority uver this Security Insirument as a lien on thc Prapeny; (b)y�arly Ie,►hchold paynxnts
<br /> �_..';; or gruund rents on the Prnperty, if any;(c►yearly har.a�d or propeny insurunrc premiums;Id)yc.�rly tlood inrurw�cc premiums,
<br />-=='�,� if any; (e)yeurly mortgage insurnnce premiums, if any; and 10:�ny sums payuble by Borrawer to Lender, in accordance with
<br />.':��� the prrnisions of paragraph 8, in li�u af thc payment of mortgage insuruncc premiums. Thesc itcros arc culled"Escraw Items."
<br /> �;�`.,�,. Lender mny. at uny tinx, colt�ct und hold Funds in an amount not ta exceed the ��zimum umount� Iender far a federally
<br />;;`�� related mortgage loan may n��ire for Borrower's escrow se:count under the federal Real &state Settlement Procedures Act of
<br />'L�;� 1974 us amendcd fram tinic to time. 12 U.S.C. 5ection 2601 ei seq. ("RESPA"), unless anotl�r law that applies to thc Funds
<br /> ''�'� sets a lesser amount. If so. Lender may,at any time, callectand hold Funds in un amount not to excecxi the Iesser :unount.
<br /> �;�. I.ender may estimate thc amount of Funds due an thc basis ofcurrcnt data and reasonable estimatcs of cxpcnditures af futurc
<br />— — Escmw Items ar otherwise in arcordance with applicable law_
<br /> The Funds shall be held in an institution whose depasits are insure.d by a federal agency, instrumentality,or cntity
<br />-=��'s� (including Lerxier,if l.ender is such an instiwtion)or in any Federal Hume Loan Bank. Lender shall apply the Funds to pay the
<br /> ---- Escrow Items. Lender may not charge Barrower for holding and applying the Funds,annunlly analyzing thc escrow account,or
<br /> verifying the Escrow Itcros,unless Lender pays Borrower incerat on the Funds and upplicable taw permits Le;nder to make such
<br /> �`� u charge. However, I,ender may require Borrower to pay a one•tirne charge for an independent real estate tax reporting service
<br />_:�,.� used by Lender in connection with this loan, unlcss applicable Inw provides othenvise. Unless an agreement is made or '
<br /> _:- applicable law rcquires intcrest to be paid,l.ender shall not be rcquired to pay Borro�:+cr any interest or carnings on the Funds.
<br /> — Borruwer und I.ender may agree in writing, however, that interest shall be paid an the Funds. Lender shall give to Borrower,
<br /> =_— `., without charge, an annual accounting of the Fnnds,showin�credits;uid debits to the Funds and the purpose for which each
<br /> _— ". Gebit ro the Funds was made.The Funds are plerl��cl as additional socurity for ull sums secured by this Security Instrument.
<br /> If the Funds held by Lender exceed the amounts perniitted io be held by applicable law. Lender shalt account to Borrower
<br /> ^� . for the axccss Funds in accordance with the requirements of applicable laa�. If the amount of the Funds held by Lender at nny
<br /> time is not sufficient t�psy the Escsotiv Items �vhen due. Lender�ay so notify Borrower in writing,und, in such case Bonower
<br /> shxll pay to Lender the amount necessary to m�lce up the deficiency. Borrower shull msike up the deficiency i�no more than
<br /> twelve monthly paymenu,at Lender's sole discretion.
<br /> Upon paymcnt in full of all sums saured by this Security Instrument, Lendcr shall promptly rcfund to Bormvaer nny
<br /> - Funds held by I.ender.If,undcr paragraph 21, Lcnder sh�ll acquire or scll thc Propetty,Lender, prior to the acquisition or sale
<br /> - of the Property, shall apply any Funds held by Lender at the timc af acquisitian or sa7e�s a craiit against the sums secured by
<br /> this Security Instrument.
<br /> • 3.Application of[byments.Unless applicablc luw providcs otherwise,all payments received by Lender under paragraphs
<br /> I and 2 shall be applied:first, ta uny prepayment charges duc uncier the Note; secorxl, to amounts payable under paragraph 2;
<br /> third,to interest due; fautth,to principal due: and last,to any late charges due under the Note.
<br /> � 4.Charges;�.iens.Borrowcr shall pay all taxcs, a�.scssnxnts,charges,fines nnd impositions attributable ta the PropeRy
<br /> _ which may attain priority over this Security Instrument, and leasehold payments or ground rents, if any. Borcower shall pay
<br /> ' these obligations in tl�e manner pmvided in paragrnph 2. ar if not paid in that manncr,Borrower shall pay them on time directly
<br /> to the person oweci payment.Borrower sl�all promptly fi�rnish to Lender all notices of amounts to be paid under this paragraph.
<br /> If Barrower makes these paymcn.ts directly,Borrower shall promptly furnish to Lcnder rtxeipts evidencing the payments.
<br /> Borrower shall promptly discharge any lien which has priority over this Security[nstrument unless Borrower:(a)aSrecs en
<br /> — writing to the payment of the obligation secured by the iien in amanner acceptable to Lender; (b)contests in good faith thc lien
<br />____ � by, or defends against enF�rcrment of the lien in, legal pro��d.ings which in the Lender's opinio:�operate to prevent the —
<br /> enforcement uf the lien;or (c)secures from the holdcr of the licn an agrcernent satisfactory to I.ender subordinating the lien to
<br /> —� this Security Instrument.If Lender detemiines that any part of lhe Property is subject to a lien which may attain priority over
<br />-_ this Security Instrument,Lender may give Borrower a notice identifying the licn. Borro�v�r shall satisfy the licn or take one or
<br /> —__ more of the actions set forth above within 10 days of the givingof noticc.
<br /> -�� Fam 3028 9190
<br />--- _- Psg�7 ot 6 —.'
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