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<br /> ' � � T(IGETHER WCE'H nll�the impravem,ent�now or heieaRer ereeted an thc property.and all raseme .app � 1= ,.
<br /> � � � � t"uuures now or hercat3er,a pa�t of the pmperty. AII replaoemenu artd additions shaii atso be rave�l by this Security � f•�'�
<br /> ' � � �Instr�ment.At!of the fn�oing is seferred to in this Security ln�cu:nent as the"Pro��rcy.' � �� �
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<br /> - SORROWEEt C'OYENA[�iT�that Borrutiver is fawfully seisod af the estate heceby mnveyed and bati�he sight to grant atW �='._.4
<br /> � � �� • � rnmrey the Pcagerty a�that thr Froperty is urreneumbered.except for encumbrances of r�corc�. 8orrower�v;�nts and will
<br /> . «� defrad ge�era}Iy the title to the F�aperty ag:iinst alt claims gad demands,subject ta auy en�mbrane.'c�s uf record.
<br /> .' ' 'i'Ht5 SECUTtITY INSTEtU1�3kNT wmbines uniform co�eoant�fur rotiaaal use and non-unitnrm cuvenants cvith limited
<br /> " ` variatio�x by jurisdiction w constitute a unifotm sccurity insttumeat cove�ing real praperty. � � '
<br /> . ° •` ..�t^�'° , UN�[lRM,COY�NAN'i8.8tsrc+nwet s�nd I.ender mvensnt aud agree as foilows:
<br /> ' • . . 1. Pgymeat of PeindQaD and Inte�est; Pte�9�� ��e C[nuges. Borro�ve� shatl prnmPtlY pay �c�hen due the
<br /> -. ':.��;�.�'�� ' princi�ai of sutd interest on the d�bt evidenred dy the Nate arr�any pmpaymene a�d late charges due undes the Note. . ,
<br /> -;-��-'�`—..°°-� . Z.Funds for'�sn-�a�ad tatsurd�tc�Subjact ta applic36le Ea�+�ot tc�a�arrittea waiver by Lender, Borrower shall pay to =-
<br /> �- ' � , i ` Leadex an the day monthfY Payra.at�are due und�ehe Nute.unti!the Nate is paid io Potl,a sum(°Funds")for:lat ye;uty taxes i;.�:
<br /> � �; ; � and asses�m�aats which anay attain priorit}�o�er this Seciuity dnswment as a lien on the Propeny:(b)Ye�url}leasehotd paymeais s�.�._
<br /> � ot gruuiW rent�on the Pcaperty.if any:(cT yearly 6�zard ar pmpect�r insun�nce pmmiums:td)YearlY fload insumnce piemiums. �;�'
<br /> � •'' , • if any:(e)�rearlY mortgage ia4urance Pma�iums,if any:a�d(fl aAl'sua�pay�ble by Bomower co Lender.in accordattce wit� ,`{:;`-
<br /> � ����: the provisions of�►ra&raPh&in lial of tha paymeat of mortgage istsurartce premiams.These items are called'Escrow Itemc.° t,. ...,
<br /> .. � LeBder may.at any time, collect mid hold Funds-in�an amouat aot to eaccec!the inaximum amount a lendes.for a fedeiallY. +°� .,
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<br /> ' related mortgage toan may require for Botrower s escm�v aaount under the federat Real Estate Setttement Pracedures A�rof '
<br /> �.�:. 1974 as am�uded from time to time. 12 U.S.C.Section 26�1 rt seq.{•RESPA7,unless another ta�v that applies to the Funds
<br /> � . � � : sets a le�r amoam.If so.l.ender may, at any titne.oolIeci and hald F�nds in an amauni not to eacced the tesser amotmL. � •;;''-
<br /> . .. ' Lender�al+esamate the araount of Funds due on the basis of cusrem data am!reasonabie estimates of expeadih�res of futune
<br /> • � •• �'' Escraw•Items or ot6erwise in aeoordaax with a�Plirable law. •
<br /> , �.``z:• � � The Fun�s shail 6e held�in;�ni�aisstiitudon wbose d�osiis are insu�ed by a�federat agency, inst�umeatatity. ar emity
<br /> �� - (incl�ding Leader.if Leades is sudi�n.institution)�or in any Federal Home Loan Bank.Leader shaU apply the Funds to pay the .:"'.
<br /> �r` u ;;' ' Essraw Ite�s.Icadear.tn�'}F Aot ctiarge.Ba�rower for hoIding and a�lynng theFtmds,anmrallY analYzi�►8 the escrow acroun�.or.
<br /> � . `'• :.. �.;,' veri€yiag tfse Esconw iteuis.unless l.ender pays Bnrrower interest on the F�nds and appli�able!aw,permits Leader to make sucd��
<br /> � ��' ' a charge.tiowever.Lander may require Borirower ta pa�a ono�time charge for an ind�endent real estate tau�pottiung serviae
<br /> . . . '' :�,. , usec!•by Leader in eonnection with this toan. ualess applira6le !aw prorides otheswise. IJnless an �eement�is msde or
<br />:-;. ' ' � applicable!aw�ryires interest to be paid.I,e,nder shall uot 6e ra�ired to pay Borrawer nny inteiest os eamings on the Funds. . �:�;�.
<br /> � . _'"", .�;_ "'` Borrower aud Leader may agee ia writing,howev�that imemst sUall be paid on the Funds.Lender shall give to Botmwes, ..
<br /> ' � without cuarge.an arumal ac,00unting of the Funds,showing crediu and debits to the Fpnds and the putpose for whic6 each "°���
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<br /> � " debit to the Farids was made.Thi.Funds are pledged as additional securitY for all sums secured by thjs Security Insuurae�t. -
<br /> .: .;ft.;�....: ' ff the Funds httd by Leader e�c.�d the amounts permiti4�;?�'be heid by a�plicablo la�.I.euder shall aarount to 8orruwer -
<br /> •., �• ,`, for the e�ccess Fnnds in accordanc&��i+$the te�terelnents ca��ica6le faw.If the aanouat oF the Funds hei�by Ieadsr at any '�°
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<br /> ' >,; ame is unt sufficient;�Ray the F�iiYt�ms�'1�tis::s'h�.��'+�Y so nafity,�or{ower in.srriang,and,in such c�se Burrower 6 --
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<br /> , '1 tY� 1�"`�� ,to Ixndet:?' r�:at�fionnt qmc�ssary to�ct�3�ti"ai�o the deficieric.y.Bc, �rrn�v�ar��make up the dehcie�y in no.more than ��,-
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<br /> � _ . S �,''�i';.t`„a�':� a ��n fuli of all sumg secured by t6is Securiry Insuument. Lender shall w nefuad to Bomr�n?er ar►y -
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<br /> . � •''�uri�s�td by Lender.tf.under para�h 21,Lender shall acqnire or sell the Property.I.eader.paior to the aequisi�rs pc sale �_
<br /> og the propeny.shall apply any Funds heid by l.ender at tlte dme of acquisition or sale as a credit against the sums si�rsivd.by �,
<br /> ' • tlns 5ecvrity lnstniment. � ' °
<br /> ' �3.Appitcatton ef Payments.Unlesg apglicable law provides athem+ise,all�ayments reaeiv�ed by Lender under paragraphs �: --
<br /> � 1 and.2 shalt.be applied: first,to any prepaymem charges due undertAe Note:seoand,to amo�nts payab2e under paragraph 2; ` _
<br /> �� .'•':t t�� �h:� third,to interest due;fourth,to princapal due:and tast,to any l�e charges due under We Note. _ -
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<br /> . , 4:Charges:,Lieas.Borrow�r s,�ll pay atl taues.assessite�Rs.charges,fines and imposidonv attributa6le w tho PropenY
<br /> -'�'�:;.`- • whlch may attain��a�b,�ovex. '�ai���ecusity Int�t-.atl►ent. and leasehoid pay�°nts oir growid rents.if any. Borrower shall PaY :�_•;=
<br /> , • .�,����' 'these obligations tn!r�Ns it�lner`�+at1'�:L�dd in Qzx�ca�la,2.or 4f not paid in'G�id�:+uranner.Bonower shall pay t�eem.An time dimdly �. R%
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<br /> ` .�.: . to the Qetson owed payment.Bottiis�ti�r sf�all Prcr�i�t�'y furnisir��:,etideF�}f rouces of amonnu to be pai�w.ry�t�is.�$rap�• �,__
<br /> � " • ! � If Borraw�makes these payments'�hc�ctly.Barrower shall,gsq�RYv,�misbto Len�err�ipts evidencing'��a��,�:;�.; = _
<br /> �• �riower shall prompdy discharge any lien wIuch has�p�.rt�'�over this SECUrity Instniment unless Bc�iroa�:'��'��s�Ees in �
<br /> �� � writing to the payment of the obligation secured by,the lien�n e�aanner acceptable to LerWer:(b)concests in Saod f�the�Ien.
<br /> ' �`�'' �. �� 1 rosee�lin which in the Lender's o inian operate to,prevent the ��'-
<br />- �-.�X���:._;:,� by. or defends against enforcement of the liea,fim,.,egal p gs P
<br /> ;', • . •;:t�^'.;'}�','': enforceinent of the lien;or(c)secures from the ltir�l4;�r of tfie�ien an agreemem satisfactarY to l.ender subordinatin�f.,he lien to �"._
<br /> `,� ��. ' ' � `' � this,Security Instrument. If I.ender detcrmines.thax aii�r pxrt�,��'ne P�vPertY is subject to a lien which may actain�1.�►�ty over �,
<br /> `���� �"+�`� � � ',•t this Securi Insuum�rrt, Lenderr�.st, ive Boaan�er a dsrtis��r�:hti �n the lien.Borrower shall satis the lieo ot t,sL�:mone or —' '
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