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<br /> . y�•-..�•:.;��` 'i'OGETHER WITH aq the improvements ao�u vr hereaRer etecced on the propchy.and ail ea.remcnts.appurtcnancr�.ami ....,
<br /> �`-"��:'-:: .. fiatures n�uw an c�rraf'tcr a pan ef dse Pmperty- AIF replacements and addtioas shal! alw bc auen�i h}• thi. Security �
<br /> . .` . ��� t'' Instruinent.A!1 a€the f�regoing is�referred to in this Se�'urity in.urutucnt as the"Propeity"
<br /> `•'�� BOItR01�ER COVENAN'CS that Burro�cer is�awfully seiu�d of the estate hemby mnc��}ei!and has the right ta grant and .
<br /> � convey the.Pn�pertr and that the Pmperty is unen�wnbemd.except fo�encumbrance�of rc�v�rd. Bnrmwcr�vatrants and wilt �_,; �
<br /> � • � , ' defeRd geaer�tly the titte tothe Rogcrty against ali clairtu am!derttnndy,suD,�c.�t to any cncumbraa�r.af rea�nf.
<br /> � �"' TH}S SECURITY 1NSTRUI�IIE:VT rnmbines unifenn wxeea�ts for nationai u�artd r�na-unifurm cw•enants wi[!��mited ,
<br /> � ' . variatipns hy jnrisdiction to eQnsatute a�tniform securiry instrument rnvering real pn�eny.
<br /> _ . . _ - UNiFORh!COYENANITS.Barrowe:artd lx:�det cavenani and a�ree 3c folluws: _
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<br /> - ---_ - i. Ra�-t3tcat at E'i�tudp!an�i�:ste�; �aymeut aad L�te Chargcs. Bamower ShaF!pru�npUy pa� whrn due tlie __
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<br /> •�.,;��;:-;:.:��L� princig�l o€snd interest on the debt evid�.�d dy c�le Note and a�ty prcpaymertt and tate charges due un�er che Note.
<br /> 2.Fit�s for Taxes and l�ece.Sublact to applicabt��au or to a uritten waiver by Le�lsr,&•rraw-er sAall pay to
<br /> - � Ixttder on the day montitly paYtnecns aie due uadec tM L�tote.unti!the Note is paid in fuq.a suaz('Ftuudi'1 for.la1}�earlX taaes
<br />- .-•--- �-- -� aad�ssstitents Hhich may amain paioat}or•er ehs St�vrity lnstrv�ae as a tim on the Pco�rt�r:lb)}�uvly teasehoid payments -
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<br /> ttaod insttrattce temiums. .,.' •. :
<br /> � �` or ground reius on ths Prupect}.if an�:le)Yeart}haiani or proprr[�r insur,�noe premiums:4d)Yeart} P
<br /> :rJ,,; , if any:(e)?�ear1Y�¢ortgage insurau�premiwns.if atry:and 1t�an}wms payable by Bomower t�fxnder.in ecconfance.arith
<br /> ° . %'��, . :- [he pru��isions of paragraph 8.in!i�of t�paymeat af mongage incurance premiums.7'h�.�se icems are dled"Esctriw:itt�is.''.'� ��
<br /> ' '� � ,� Lender may.at any time.collect and hutd Funds in an amount no�to eacecd the ma�cum amour►t n tender for.a tedtra(ly
<br /> ..- , .. ::i,� related mortgage toan may requiee for Sorrow�ci s escrow aaoount under the federal Reaf Esta:e Seutement pndcalnres�t�ct�oL �����j���
<br /> :r„' _ .;� t974 as amendad from:time ta time. i2 U.S.4*:Sectioa 2601 er seq.("RFSPA").unless anotMr!aw that appli.rs t�i:�lie Funds �,,:, .,
<br /> 1 '; i r.'"'�.`.::��_= . sets a lesser amoum. if sn, Lender may..�t any time.,collect and 6o�d Funds in an amouat trot to excced th�le�s�ir.amount. fit, ::
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<br /> � '.:�., ��'� Lender may estimate�he amaunt of Fnnds.dve on the hasi�:4F�uaent dafa and reasanabte estimates of expenditures�of future ,���,,�,;
<br /> ;'r j F�,., , ' `r;'.: Escro�v Itemc or ot�erwise in arxordanc�e uvidi apnlicaUle law. • , , ��sfy:.
<br /> '°" " The Funds shafl be hetd 'a► an iastito�inn wftose deposits are insured by a fe�eral a�eacy. inrnument�lity...or entity � _
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<br /> - =� (inctuding Lendez.i�T:�der is sach an institutioa?�or in any�e�eral Home Loan Bank.Leader shall appiy the ruftd4,tt�;�1y the '.'��,^�'�',:
<br /> : Y . ` '{ Escraw Items.Lcndxr•l�y not d�arge Borro�ver for holding.r�ctd aPPlying tke Funds.ann u a l ly a n a lyzi)t�.t he�escraw�'trbuht.or : � `
<br />:.. ,•�. :�''•.: �¢�ifj,�thg Fs��mi�3�sss,unI�s LRnder pays Bartawer imfcrcac on the Funds and applicabte law pefmiss.l�nder tn��such �.<<;�:,,
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<br /> ' �`�• a ct�;�rge.However;Lender may require Borrower to pay�oueyi�ne charge for an independent r�sl estat�tez.repaJtii�a�r�+ioe z �
<br /> '. .. .. _ W.'`";�;" used bY Leader in oonnection with this loan. unless applica6Te law pmvides atherwise. Unless an ugr�?e.aE f4,�e ar _
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<br /> apPlicable law requires inte�est w be paid.L.eadesr shall not be required w pay Borrower any inte�e.st ar.ema�iings on,td5ie��?Faands. ,
<br /> `; ..;:� .Borrower and Lersder may agree in writiag,6awi�er,that intepest shall 6e paid on the Fuads. Lender•.�ttl.�ve w��itsower.
<br /> ,�t '":-;.'f;�r�;}�� ,. ��� �withqut.charge.an ennual a000unda�of t5e.L`-oia�,,.��owEn$4'�1its aad debits to the Funds and ttr��rpuse fas e�.zsk�each
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<br /> t, j ,� Cy- t• ',,`. detj��1�1#�Funds was made.TM i�rxr,fis.are��4s,�dditit�if�.security for ali'swns se�by this Security I�z� .
<br /> .:,�1 �1�/`' ��fi��r•�unds detd by Lend�±�+�'��+��?e�trn7t1��!r�be hetd by a�rplica6le:l;r.�:.�.ender shall accou��a�it�asowet f , :
<br /> .. :,:,�r3y;, :;;. ' � f o r t t�e e�s s�r�d s�i n a c o o n l a a f��z i t n a t't�e.re�,�i 3�s m t e a i�,u�'•s J,s p l s e�bl�!r w!.;Cf the amouin�af the Funds held by t r s�z^at any , t,
<br /> ` time is not suf�d�:i�i#aY tbe Escroa Items wt;rvn+bie:L,�udk�:��:sv r#np`�X�orrower in wridng,and,in such case�iroR� .�:.:: . '�r�
<br /> :� {�;: .. shal!pay to L�encYi�`t13��amount necessary to r.�'uP the de5`,si�icy.Borcm�ver shall make up the defiaey'�cY�no}u�¢than �;;�., . . ��
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<br /> :. . enu.at Lender's sole discrerion. �• ' • � ,� ' vY
<br /> ', .. Upon paymeau in full nf all sums secured by this Sccws��y Inutumen� l.ender sha11 pmmp�ty refand to�dimrK�r�u any �,� �
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<br /> '- - -"°�r.;; Fnnds hetd by I.ender.ti under paragraph 2i,Lender shalf asquire or se!!the Property.Lender.prior to the acqo����rr sate ,�i
<br /> ��, `��`; of the Propetty.shaU apply any Funds held by Lender at the time of acquisitian or sale as a credit against the sums�cur�by F j::;
<br /> �1 ��� this Security Insuument. ��-
<br /> � tiY�t'• 3.ApplIcatton oi Paymc�nts.llnless applicable!aw pmvldes othenvise.all paymcats received by l.ender under.�ragrapt�s P z
<br /> • � '`,^ P Ya P�P <
<br /> ,�. .� . y ;-,,: ' 1 and 2 shall be applied:flzst.to�►3'pmpayment charges dua under the Note:seoond,to amourts a bte under h 2; ��,.
<br /> .. ���'��� third.w imerest due:fourtb.to pr�+�Pal dae:and lasc.to arry tate c3�arges due unde�the Note. —._
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<br /> • "•;�`.-:; q.C 6 a r ges:l,i e a s.B a r r o w e r s h a l l p a y a l l t a a e s.a s s e s s m enu.cha r g e�,Cmea and i m p ositions atts+butabie to the Propetty ..__.
<br /> � � " over this Securi lnsttument. and teasehotd ts or und reau. if a�y, �orrowet shnll pa� :; � �
<br /> . whicH may attain paaase�ty tY ��� �° • -
<br /> ��`� ` . .�.:'�,::�, these obtigatious iri i�manner�provided in parag*aph 2.or if not paid in that manner.Borrower shall p�y,rt}tem on time directZy ,,� �. �.
<br /> • . ,:' . to the person owed p�►ymem.Borrower shall promptly fumish to Lendc�a a11 notioes of amounts to be paid under this patagraph. ' E'-"
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<br /> • ' If Bormwer makes these payments directly.Borrower shall pmmptly fumish to Lender receipts e�+idencing the payments. �... �;'
<br />� " ' �'�I, Borrower shatl piomptly discharge any lien which has prioriry over this Sec�rity Instnunent unless Borrower:(a)agrees in ���-�•
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<br /> � � writing to the payr..�of the obligation secured by the lien in a manner aoceptable co Lender.(b)oortts�3n good fa�th the lien � _
<br /> ' �.� ,�� '� � ' b y. c�:�efends a guinst enfo t o e m�nt of the lien in, legal proce�lings wfiich in the Lender's opinian a,perate to prev�nt the � .�
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<br /> �•s•r<±:1,•.•• :"." enfo`t�qareat of the lien:or tcT r�res fram the holder of t�Iien an agreement satis factory to L e t t der su bo r di n a t i n g t h e l i e n t o �;;
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<br /> ''�;�'���,c`�:••'• `� thls Security Instnia�ent-if��ft+sr d;�ermirns that any part�f the Praperty is subject to a tien which may attain prio�ry over �,
<br /> ;t��'����' �� � � ty y�y � ve Borrower a notice identi m the lien.Borrower shall satis the lien or take one or .fL:::
<br /> ,: .;; �4_ :�.t. this Securi Ins �ilr��i:.;�:rar��u:+�!ifi gi fY� g fY r.::;,..__
<br /> '„ �''��� ''��� more of the acsin�,4,:�ut:1'nttii�s,l5���;v'r�h�n la days of the giving of notire. '� �Ur
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