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<br /> �� TOGEf'HER�WiTH aJl thc improvement,nuw or hereaf'ter erected on the pmperty.and a!i ea.x•sn�ntt�,:t{�turt�nan��c3. �nd. ,.
<br /> • li�turcc now nr hereafter a part of the property. All replacements and additinns shall alr� be rnvcc�i fir this Ser+�ritu '�
<br /> � Instcumcnt.Ail af the foregoing i+refemed to in chis Security Instmment as etie'Property.' :� .;=
<br /> �� - BORROWER COYENANTS that BorroHer is tawfulty seised of the estste hereby conveyeci and ha�s th�rtght�ti�.grar�t and �iy�'_
<br /> . . . concey the Property and lhat the Pmperty is unencumbere�.except for encumbrances of recond. S�mro�ver vr�urAtu�anA wiA
<br /> ' >':�� defend generalty the sitte to the Prope�ty against all claimc and demands.subjert to any encumbrances of r�onl: • •
<br /> ` �� THIS SFCURITY INS'PRUMENf wm6ines uniform rnvenants for national use and non-unifomi.¢oK�nams vridi�iiinited
<br /> � � variations by juasdiction to eonstitute a uniform security instrument wvering rea!pmpe�ty. • '. � �
<br /> `. `- UNIFORM COVENMITS.Borrower and Len+der covenant and agre�e a�foltows: " .
<br /> . . . .-.-._ --- l. Payment of Pcu�dpai ana mtere5t; Frepaymen� a,�f i.ate Cga,ges. Sor�n�ver sltall.pramptiY PaY when due the , -� -'
<br /> �:��•��Y�. principai oF and interest on the d�t evidencad by the Note and airy pnpayment and laEa chs�rges das undcr tt�e Nate_ �;::��
<br /> .. ';'�=: -: >,v�"'- 2. Fands for Taxes end inmranre_ Subjed to applicable law or to a�vritten waiv�r b�� Lcmder. Borrawer shall pay to ; ;�:,;.
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<br /> �, LendQr on the day htontlity payments are dne under the Note,until thc Note is paid jn:full..a sum•("Fqnd�"l.�r.caf ye�y c�
<br /> .- - aad assessmenu�vtuch may aEtain priority over this Security Inswinent as a tien o»the Prvpemf;tb).•ye�ttyJaasdiold paytnetus �`::z::•
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<br /> - - ---� - ar groand�ents on the E�ropetcy.if any;(c)Year1Y har�rf or P�P�Y insurance prc�niu�is:ld)-YearlY flood insur�ce prer�'sums. �::.�'�-
<br /> ..t.��,. . . �:. �;�-: if any:(e)y�tlu mor[gsge insnrance ptemiums. if any;and(t)anv sasis payabie liu Burro�c�ctr�to Lender. in accardwce aith -
<br /> _ °,.�j��y the provisions of�tr•►grspL 8.in liee of the gayment of mnrtsage 4nss�nce prei�tiuctts.1'h�se it�ri�aie calted't�scraw itecs�s_' ` �-
<br /> _ ;�:�� I.endes may.st any ti�e,cvllect and hntd Fands in an amount aot w exceed:tha inaximiun•�ctununt a lender for a fedezaltp.
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<br /> - : retated mor[gage laan rttay teqnire far Hacrower's escrow accouat uflder the f+.*�L B;�F Fst�se Se3i�eme►u grocedures Ae�of :.;,`
<br /> . _' _.-,,f>;.-`�t:�" 1974 as amended fmm time tu time. !Z�f:.S.C. Sectian 2601 et seq.{°�2ESF/ic');:Wii�ss aaatfrei law that agpiies to the F►.�ds ,- :
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<br /> ; sets a tesser amount.I€so. #�ade=ru�°��au�time,collect and hotd Funds in;mi.mnocmt.nuk Lo eucePd tine les5er amcx,�.
<br /> r,,, �; T.e�der may estimate the amount o�,�fr�,,3ue on the basis of curgent datu and r�abie es��es of expeadit�ses of�,....�.,�s `,
<br /> L ;Y�'� �sc�ow Items os otherwise iu acoa �p'�crt� tieable law. �:-'� � : , .
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<br /> .-� : ` t • The Funds shall l'se�d��in un isstis�t'sbn.�cti��%�e�+osits are insnte�f•;�hr�;.t ta:;.�ral ages�cy, instN�i.�ib��. us,e��ety ' <<::
<br /> - -'� Ca�stling Lender.if L.er�r�is sach an i��riaiufs�aJ>+� ���'�.�:E�nme.i.a�i�:�;.�.ender sha11 agpl�*.3�.e,��,��sto�y.tt� �rr,
<br /> - +-,�` �s�d�,�:�s:i.endev map nbt chaige}�uroy-iv5i.r GSx�ut��ist3.a��'�rr��he F'ui�f5;aMualiy ar�y�ing the csiioQ►•aa�ttt,�r � ff :
<br /> �.y,.�_ 3 ' v�f�...��the�;crcyw dt,°�,unlesF!�.���.Hot�aW es:�_°s"���ti���unds and'app�icaDte taw.�raiits Lender to�z st�l�
<br /> ,", a cbarge.•�7rni���s,�t��"�.Y,icq�?u"�f�'�.'J�'er tt��r,���:.rge for an independ�'c:rra�estate tax reQorti�'sa�a . .
<br /> E ,..,:. "�.; '�sed by Leader ix v:��'wit��ifr�� '[uzn�.•ws4����s�e=�?.provides ofherwise. C�..'gss an agrer�Riu is.�e o7r_ -
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<br /> F ' a�tirabte taw requi�is�te+�.:+a 4re�,.��s.3a�4�iy`�e�+�: P � �• .
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<br /> 1,�- k�rrawec a�i E.ender�ac a.E�:iii'�-rr".� I�v�c�e��,,t��as!,�erese;.���r3;�?�¢atr��c�-� 1e��c:r�3s.�.:ender shatA:giti�to Borrc3��r. . �: r
<br /> i�! f . �lrr� i�� wittioui.ci�+rg�.,an ar�t.��.:a�.ntin�tt�ti;��u�td.�.�,,.*.�cii.'�����'��z�-��`-n:a��the purQose far whichG� � �.,
<br /> �r� : `��'�;� debittotheF�ndswasmada..?'�eFundsarepSed�e�asa�i. ,�assa[���jturai3��cu,�is�ca►'er�'bS;thisSecuritylnstrument. ��� `
<br /> � �-- ' '�� . If the Funds hetd by[.�i�der exceed the amou�s:pc�utted to be hetd�by�Sp:irable law.I:end�•sha}l'sccaunt to Borruwer ;,� ;
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<br /> , • for the e�cess Funds in aoe�rdatice with.tha requirements of applioabin luw� ifdie amount of�the Funds hetd!by Lender at ac�y '� "'°�
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<br /> time is not sufficient to pay the Escro�v It�ms when due.T.ender may so natffy Borrower in writing,and,in sach c�se Borrower �'�':�;
<br /> � ' ': . shall pay to L.ender the amount nocessa��.to�mlce up the d�sfiainnay:�Burrower shall make up the deficiency in no mare than '—`
<br /> � . " �`' twelve monthly payments,at l.ender s sale discmtian. � � ��
<br /> � .'''" b thiy Secur.t instcument. Lend�zr shall mmpily refoad w Borrower any
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<br /> . Upom p�yment in futl of all sums sccvccd y y P R---
<br /> • Funds held by L.ender.If,under paragraph 21.Lcndct'shall acquire or sell the Prapeny.L.endcr.prior to the acquisition or sale �"��;:
<br /> � - ''� of the Pcoperty.shall apply�ny Funds he(d by L�ettder at the time ol acquisition or sale as a credii again+t the sums secured by ==°�
<br /> ' • this Securiry instrument. . '��``�;
<br /> � 3.ApplicaUon of I'aymenta.Unless apptic,:tblu Iflw pmvidcs�thenvise.all payments received by Lender under paragraphs �':''
<br /> •- � ..� ]and 2 shall be appl,vd�fi�st.to any prepayment�chArges dua under thc Nnth:;setond,to amounts payable urder paragraph 2: _:"�'
<br /> ' third:to interest duei fau�th..tu principat•duQ;and lust,w any�l�tn ahargas duo under the Note. _''w-:
<br /> • ' � -�' 4.Charges;Ltet�.Borrawac�,Huli�pay al�.wxes,assesstnt�itti,chargac.firtes and impositions attributable to the Pto�ony .. �:,_.
<br /> "��, which mny attain priority over thi's Eecunry Cpstrument.'apd��ttq:x�ald paymenEs or ground rents. if�►y. Borrower shal�pay
<br /> • ` � these obligaaons in the manrter pmvided�n pAragr.►Fh 2,or if not p�Id-in that rtianner.8orrower shall pay themon[ime�.�Ty ' �.�;
<br /> • • .�. , f to the person owed payment. Borrowes sh�ii p�m��l�t fumisb to Lender all natices of amounts to be paid under c�is pars�cp?�.
<br /> •• � li Borr4wer makes these payments d'uactly:Hertcnvar 4f�all prompdv fumish to Lender receipts evidencing c�ac ga;i�ts.��� . -
<br />� ;;: � Borrower shall promptly discli�cge any lien which has PrEarity ucer this Security Instniment unless Ba:rEaw:r:(2`�ag'�s in _
<br /> writing to the payment of the obli�tian�setured by the lien in u una��r acceptable to Lender:�ba contests ia�aod fa�4 t�'�:ien �.
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<br /> • �' by. or defends against.enforcement of the lien in. legaf prnceatin�s whicb in the Lender's cpinion o�'�to prevent the ;:•-,.
<br /> �•� � enforcement of the Gen;,o�(c)secums from the holder of the lien an a�nent�.'�sfactory'to Lender suB�a?�i�ating the lien to
<br />__ . :� .� this Security Instramenr,C[�Lender determines that any part of die Peope;ty E�v:bject to a lien whish may airtain priority over
<br /> " � this Security Instnunent.Lender mtsy give Borro�ver a aotice i�tu f.i:ic��the aien.Borrower shaU satisfy the lien or take one or �=-
<br /> � . more oF Rhe actions set fonh above within 10 days of the giv ing o�ata•r,•r�.e. ��?�•
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