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<br /> . ���;c i TOG&THER��I1�i ali the impmvemeats now or h�after erected oII the property.�nd all�ea5ements.apPUnectaaces.and .-. _-.
<br /> _ .� r. 5xture4 no�v or hereafter a part of the pmperty. Ail replacemeats and additians shsll also be co�ered by �his Securiry
<br /> . :.•` [nstrumeut.AII of the folegoutg is tefessed Lo iu t11is Sectuiry[astmmettt�the`Praperty." ''.� � _ .
<br /> ." BORRQWQt COVENAI3TS that Borrower is tawfully seised of t�e estace hereby comreyed and has the right ta grxnt aad � :;;;. ` :� .
<br /> � ° �"' conee c�e e 2ad thu the Pro
<br /> Y �P nY Pe�}'is unencnm�end. exoept fot encumbrances of rewrd. Borrower uarraats aaG wiU � �:�. .
<br /> • ` , - defwd geeerally the ticie[o the PraPertl"agaias�all ciaims and demaads.sub,{ect ta an�ensumbrances of reaord. -, �': <� �
<br /> .. . '`. ?HIS SECURtTY IN5tR�7'sambines�miform oove�aanu for aational use and non-uaifom�oovenancs with limiced ." . ',
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<br /> � variatians by jt:risdictton to oonsatute a wdform securiry insuument eovering m�al gmperty. �� �:�,`. .
<br /> . ° t3h7FORi41 COVENAI�TS.Borrower and I.ender oo�ena�t and a�rree as fallaws: . -�.,���:� �::
<br /> , . :: `. 1. � eni oF Prinsi t and Iates�; P�epay�meai anc!La4e • :`'' �:,
<br /> -�, ; •- ym I�a Cbarges. Borrower sball pmmpdy Qa}� whw dar the . . . • �
<br /> • '�r=•j principal of aad intere,u on the debt evidenced by the NAte and siry prepayment and la[e charges due under�he Note. -- � � 1� �
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<br /> ;+.,; .. ..-.. 2.Ftmds for Tattes and Iasuraace.Subject ca applicable Iaw or to a written waiver by Lender. Borroaer sha11 pay ta r..'` .`-
<br /> . :�•�.,:.:°'r; Leader on the d�y monthlY Payments are due under thc Note.unt�the Note is paid'w full.a sum t'Funds')for.(a)yeaziy tazes `�'°` � �-.� �
<br /> • � �'i and assessments which ma}r attaia priurity over tbis Seauity Instniment as a liw on the Property;N)Yearly teasehotd pay�uenu :;.� ``� .:.
<br /> • � :i or grouad reats oa the Property.if anY:<�)-Yearly harard or pmpe�ty ibsurance premiwus;td)Yeaz1Y flaod insurance premiwns. :.;::-`:`."•:°��: ::
<br /> - . '_ . .*.i sf ar►Y;(e)Yearly mongage insurance pr��}f.�+:sud(�any sums payable bp Boirower ta Lender. in accordanoe witd ;�,..•'.:`��^.,:...
<br /> � _ � .: �s: t�e pro��isions of paragrapA 8,in tieu of tRegay�iif tuorcgage insurance piesaiums.These items are ralled'Fstrow Items." �.':'_=_, `; .._
<br /> .. :,�i �xnder�uay.at auy time,oo}Iea and��s i�a�i,�unt not co exceed the maximum ainaunt a teuder for a federaily. r �
<br /> ,}.} related mangage loau m�y reguine for k�zzv��ei's���uuder che federal Real Fswte Settiement�Procetlures Act of ± , ; r��.;
<br /> . ;�. t974 as ameaded from time co[ime, It CT.S.� 5ecdan 260i��t�:('RE5PA'),uNess anather lavm that applIes to t6e Funds ::�..:��u,_.
<br /> - �. seu a le�scr amuuat� If sa. I.ender ma ..at ' ,�. �`.°'•`t4;�`�:-'
<br /> . „ y ar►Y time.caIIecx�t�aId Fursds ia an amoant aat ca excead�the lesser amoun�. F:•.: ' _
<br /> �. Lce,,uda m* ay�t[te antrnmt of F�ttrds due aa����ie},b�asis of aaient data�d zeawAable esdmatas of expenditures of fiuure + �
<br /> iIl�FCJih(lYf�i 3, 'r . GlQdw ite/�$�OIL�e�$.�0lYa1i.��Ui•"l'Cl]J.6�L1B�. ' �- � "` {4� .
<br /> `�, •sr 1he Funds shall 8e 8etd sst �.i�itu�aff�deposits aze insured by a federal �geacy. instrumeatatity. or eatity
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<br /> �'��' � :;:. Cmciudiag LeQder,if Leader is s�ch au iu�itt�au�ac t#u an}Federal Home Lo�B�ic.Lender sbaU appIy tbe Funds to pay the F '� _
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<br /> Ae�'`rk•�'a :� ; :`.:....;: _..,>•�.I...__._
<br />;;`�,li�,�•. �: ..:, Eserow Items. Leader may aoi c9ac�e�Ber'S�s i�aldiag aad apphring the�unils,�tuaUY�alYzing the escru�v accowtt,or _ :.�•,. .
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<br /> . . ,_.�x �r:.:..:�:: verifying the Fscrow Items.aatess l�ecc��ays�Sn�er intecest on the Fuuds and applicable law permits II�:ader to make sud� � ..�.:s� --
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<br /> . � . a cLarge. However,Ixnder may requ:.�.�ezra�:�:�+',-s�, a one-time charge fcr an indepeudent ceal estate�ri rEpordng senrice - —
<br /> �. '�'�,�_ used 6y L�der in wmuction wit� t.�:,£vau. -�aFPli�taw provides otHera►ise. Unless an ag�+eement is made or - - _—-
<br /> . aPPlicable 3aar iequi�s intarest to Le�s?`.»l.en�ter sHalt aot�e:s�a�*�d to pay Borrower any interese or�gs oa.the�v�s. T-+��+�:.,
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<br /> . _:�'�? Borrower aad LRmder may ag�ee in wsici3g,however,tLat��c"s�all be paid on the Funds.Leadcr sbali�gS��e co Ba�aa� .:: ..;------�--
<br /> � ' • arithout e�arge.an snnual aarounting of tlte Funds.skewi�g�is,aad debits to the F��ds�d the pu��for whi�r�s3i f`i::-;:•�.r�,",�"',.•
<br /> � .�` debit so[he Funds:i4a�: The Fuads are ?ec�a:2ddiear�t. fcr aut s�ms secured b this Secu�i�+ . :�`�t..g.--�
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<br /> "��ti, r r`` If�he Fnnd��ielA��y�T�?��eaa�t6e amou�.p�rmitte�,tl��beid by ag�ticabie law.I,eader sball�reb�mc[o.Hai�i�c •� � � --
<br /> 'f' � �� far tfle eaoess Fitnds;iti�-�cbpf4i���e recl�•;•P*+a^•�of a�lf"�. bg Len@er,rst�er�5!�� , ; r f f� �
<br /> te law. If r�e amouui of t�e Funds hetd
<br /> - ,a�,,,"' � �',�; time is not suffie3ent to pay�tlteJ�q�.�'��ms whea�r,�der.c�;so notify Borrower in wriang,aud.in.suth cas�� � ` . -
<br /> , {,��1��' ��° shall pay co Lender,tlf��t.�n�es;sty to malce�.^��.:�deficiency. Borrower sball make ap the deficce�y 3n no mdi+a ti� " �' --
<br /> � ` , ��y � t` ` nvelve monthi}r paymenl�r"ai.'ixndi�`ssole drscreti►xpr� , � .. i, f �• _
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<br /> - � ��' ,� '-� - �c� Upon paymeni`fs��fiifl.of alI-�c ser�utd bf���his Sec¢riry Instrumenr, Leuder shell p�nmptty refunit to BorrrnvBr any : " -- -
<br /> r �N'"`� '"��.�j i a �j` ;��� Furcda held by Leader.If,uader par'~.;�apD 2t.Leader shall acquire or seU the Pco Lead�r. ar w the ' '
<br /> < < < .. P�Y• Pri ac�l�isitiou orsale .
<br /> � ` � 't:r; ' -'=' ' af the Pro shal! 2 an Fuads deld b Lender at tlie tune of aon or sa�e as a crodit ' ' ` -
<br /> . r. ,,•,��y,.,•,, ;::5 P�3 ePP Y Y Y aWuisi agdiast the sums secured by , _.� —
<br /> ' , �'`�,�` �� •��:.,' tLis Serurity Iasuumsnt. ! s _ -
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<br /> � `y �:��• 3.Applh�toa oi Pgyme�.Unies.s app2icable taw provides ochecwise.all payments received by Lendgr wcder paragraphs '
<br /> �� ` 1 aad 2 shatl be applied:first.w anY PreP�ti cbarges due�mder the Nate:secoad.w amo ; ` ' °
<br /> �,� -: P�y$�$���p�BmPh 2: ;.. -
<br />.,tt ';Y.(r`�,��t1,:� third,to interest due:founD,to principal due:amQ last.to aay late c�arges due under the Note.� �F°.',.`���' � �'�..�.; -
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<br /> 4. L3eos.Borrower s�aU aD taxes.assessme�s.cBar es. fnes aad im osidoas ataY'butable w the Pro =.t�
<br /> �.� a-. C�arges: P�Y 8 P P�Y �..t:;:;;:
<br /> - `� ,,�y=��1 �'rr:�. :.�,;+ alueb may attain priarity,,over this SecnrIty tnsr�oteat.aad 2easeDold paymeacs or ground rents.if any..Barmwer sba11 pay :������-
<br /> � �°.; , : : these obligatioas in tBe ma��t�r provideQ ir���t�lsl�_�,or if not paid ia thai��.Bor�wer s1�atI pay�on time dIrec�ly F r ;
<br /> .,,. i� ��,' ; �� ..� w the person oaeA DaYtni�t���omo?ov�'�a1f�tuii(j�l���farmish to lxader atl IIat�in�5vf amounts ro be paid at�ei this P�8*�P� - ; .:,M;:_
<br /> lj�y�� ' � If Borrower makes these p�e b f Sidf��ilu.Borrdar�c-�a11 prat�r�'p fvmish to Leuder rece�r�r.�evidc�ncia�the payments. . 4 , -
<br /> '�"p� t Bomower shal{pmmptIy di;cT�,t���y lien whicb 6as prir,g�;�.��ver this Securiry Iastn�aci unless Boaower:(a)aSr�es in � „ :
<br /> _ .:..:' �; .^. writing tn the payment of the obh�atfa�secuied by�he lien in a tt�er acxeptable to t�nfler;(b)cantes�.a�»gnod faith the lien � � = .°
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<br /> . � . i s y. ot d e f e►�s agaiast �forcement o f t he lien i�,:le g a l Pm c e P djngs wSirJr.•ao%t'�e Leader's opinioa o�crate to prevmt the � s,.';`- ".°•..,"-
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<br /> .. " �.; enfor�cernent ot the lien;or(c)secut+es frqm�tU�lialA�r of the lien an agre�t�;s;:�tisfactory to Leader subordinating the lien co ;:.�:�:��..'_:
<br /> 4 f this Seturiry Inswment.If I.eader dctl�nain�d ttl�z�ii'Pan of t}�e Propett�-i3'sifbjest to x TF.ua whicA may at[ain priority over � r t�
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<br /> :'+.�� , this Seauiry Inmumen�Lender may��gi�±e Barrower a notice idencifying thC,Iten:Botro+w��-��f satisfy the liea ar take aite or ! u a r�� _.
<br /> '`� � mote of the actioaa set farth abnve wi�b 10 days of the giviag of notice. � , . ! ,,T���}if
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