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<br /> 'PaGE1'HBR WITH all tEtt isaprovements now ar dere�fter erected ou the proFerty.and a)1 easemenu.aPPuctenapr.es,and �..
<br /> � ;,"?��`� fix� now on c�resfter a part af the property. All replacanents and additio� sha{3 also be covered by thss Security � :� . ' � . •
<br /> �r. N•�:��i t'�K • � �. -.� . . •�.•�. '.•. �::�...
<br /> , . I�uu�eat.�#il af.�tta foregoit�is nePened to[n diis Sccurjty Itutn�mens as the Prc�perty.' ; ,. -.-
<br /> � .. - ''``� BORROWEIt COVENAM'S that Borraarer is ta�arflilty seised of dte estate h�isY c�s*e�e�a�d h��tte rigtu ta grant aad � � .��_=.�-=---- _—'
<br /> convey the Property.and tbiat the Pmperty is unencumDered.e�cePt for encumbrances ot rdcocd. Boararvrct wairanss and will #., '
<br /> °�.::?;:�.' defend ge�eraliy chc title ca the PropertY against atf cZatms�cd demaa�ds.sub}�a ca aqy en�umbrances of r�mM. . ,
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<br /> ':;:'';;'':, 7HIS SE�URiTY 1N5TKUMEI�3T oambines unifatm ooveoants for uatianal�ue aad non-unifinn oo�rna�ss witb limited
<br /> � '�� �' � . � :
<br /> variations b}�iuri�dictian to mastitute a unif�m seauity instmmeat coveriag rea3 pmpenY• �'..
<br /> .. # UNIFORM Cb�ENANTS.Borrawer and Lender oovenant and agree as follaws: cvhen d+:,e the , ....
<br /> • .,. I !. Payntent of Prdntdpe!and Interest: Pr'�PaY�ent and Late C�argcs. Borro�rec shall promPUY NY - ---
<br /> a t at�lais c�asges due under the Note. ` -
<br /> _ _' -- pr3acipa!af and iate�+t oa the debt evidenoed by the Nate and anY P�P Y� _ �.. ' ` –
<br /> �. �''�`" Z.Funds for Ta�ces an�Insutanoe.Subject to appitcable iaw or m a a7iacx��•ai��cr bY LcmStt.8;nrvv�ci��t;p� � _
<br /> • Lender an che dn�r monthl}r PaYments are due under[l�e Note.nnW the Note is paid in full.a sum t'Funds')faf:ta1 Y�S taxes `._�n,:_ : ` ., .�,..,--
<br /> . and assessncnts wbich may attaiu priarity over this Sec.viity Insuument as a lien an ths Propeny:(bl YearlY leasehoId paymeau � `,�":`.` °'' •
<br /> . .` " � if an ;t�) az1Y�ar pmpetty insuraate premiums:(d?.yeart}fluod�^m•,�^,'°�lremiums. 'N�.� :�'.> �'�.::.
<br /> �i ar ground reats on the P�operty. X Y4 , .•_ .;.:._
<br /> ` •. , : : if airy:(e)YeaziY martgage insutance Ps�niums.if any:aad(fl�Y�PaY��bY BoiroR�cr ta(.�der. in accnrdance arith ; . .:,:,..: :
<br /> . , � the pravisions af paragraph 8.in li�of the payment af mnrtgage insuranoe piemiums.7�tese ite�s are callod'Esc�aw items.' �`. -,•
<br /> em � : „ .
<br /> �;r k"`"�"� Icnder at time,ooitea aad hold �unds in.an am�u��t to exceed rhe ffia�dmvm amnunt a l�der fos a federally '�-< •
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<br /> , �� reiated mortgage loan may�+equire far Horrower's cssraw araaoum uader th�federal Real Estace Seuiement Prasedures Act of ��� �, tPf,_,
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<br /> `:::xY,oF�; n;; .. I974 as aareude�fmm C�e w rime. 12 U.S.C.Secxion 2G01¢t seq. ('RBSPA').untess anothes!am thac a�plies to tb,�Fuads .,. ,.. 's� .,%,.
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<br /> j%`�,'�� � sets a lesser amon�t. I�s.►�t�eader maY,u anp airr�aoilect and hotd Funds iu an a�unt uot to exoeed the lesser asaou�. _-
<br /> ,r�{ .e .` ... Lr�der �t�,t�aimount of Funds due an c6e ba5is of aurem data and reasonable esamates of expeaditures of futnie �z� ._
<br /> L� le law.
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<br /> ;C�i Le''`l'���4}�,4.: ��:;;�•:� • FsFCOw Itt���tn accordan,ce with apgl£c� . �• •.
<br /> y J.:..-,;..,: oi emi �s.
<br /> ��:�!i};.,.,s,�" .,.:�, . Ttic'.�hmds shal! be hetd in an instituuon whose depasits �e ins�red by a federal ag�nry. msuumentaliry. �Y .
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<br /> ,. .�,� .,..:.� (inctad'mg L e a�tet,i f I�¢er i s s n c h a n i n s t i t u d o n)o r i n a n y F e d e r a l H o m e Loaa Bamk.Leader sball agpty the Funda co Pay the .-. ,.
<br /> ,.`„�� `..:.`.';:.`, dIDg PNY�B anai the esccow account.or _ ���`.
<br /> ` � Esctow itcros.I.ernder t�'aot charge Borrower forlrnl au�a the Fwtds,�a11Y Y�ng _ f �''?=_
<br /> ;;�':`' ,`�;` �` 'v verifying the F.sc�ovrr It�ms,unless Lender pays Bo�wer�nterest on the Fm�s and applicable law permits Lendes to make such
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<br /> ;:�ti��-���;,�,r�- �` a chatge.Iiowever,I.ender may cc4�BoTmtiver[o pay a on�time chaz8e for an indepead�t real es[ate taa reporcing secvice ..�:
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<br /> :;�,y�� used by Ixuder in cauneaim► with diis loan, untess applicab2e law prnvides oth°.rwise. Untess an ag�eemeat is �e or -.• ,, �'—_
<br /> j.,,tii�an���`:' - a p piicabte 1aw r e q u i r e s imtcrest to be paid,Leuder sha11 nflt bE sea�uited to pay Bosmwer any uueresc or earaiags on t�e F�,ds_ *�r�
<br /> °.�;iG' t a�;,. , in that itu�est�s h a ll b e v e t o B�r r�c a u� ����',�`'."�,��� -
<br /> r• : � i 1 . Borrowec,�d[.ender.maY� w�8,however, pai fi on t Il e F u a d s_L e n d e r s h a ll g i ., �:
<br /> ���' .;� withaut.d�ge.an a�l:accouating of the F�mds.showing ccadts aud debits to the Fundv and tRe puc�ase fo:w6sh eac�� ..
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<br /> � �, �� '� debit to r�II?vadS wa5��.The Fands ate ptedg�as additio�S9cutity for.a�fums seraued by this SeacriEY Insuoaac°t. r: r, ' �`'
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<br /> Rr�r/(.i`:�}�ai`t '`� : I�(�`�.'�d9 6e1�'�;LeIIdef eA�'d th£azII9tICi2''m'}7�jlmltC�1�AU��e2d�:R�it�b�e 121Vi�:l.C6Le[sl2all 2CCOUIIt t0 BOIPOwe[ ,'.,r 1 �
<br /> '?`` t`� •4 . for d�e��Fuads in accordana°weth ths requ,'e�ucnu of �a��ate law.�.the ammt.�*off�e.Fuads tteid by I�eudec at a�r f. ,r 7 :
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<br /> �`'1 w�.:� �., '�°• time is not suffealeat t�gs�r the Fscmcv Itezn���,�t�e.Lendar u�y so notif�!�rower in R��ing,aad,ine such cage Borrower � ���
<br /> s ` ,� �: shall pay ta Lender th�;amaunt necessary to s�:�:u�'t3te deficieacy. Basro�s�all make up the def�.y in no more thau s:
<br /> ;,:.Y w� ` : •', tavelve monthty p�ymenis.at I.�ides's sQlS dis'c.�i2rc:� . • ::.. ; _,�;:
<br /> �•��f ppon paymeni�in fiill�of ali�siv�secured 6]+this SecuritY In�v+t�•. Lender sitall prompdy �fi�¢d to Borzower any ' ,. r ',,���
<br /> � h 21,Lender shall�acquire or se11 the Property.Lerder.prior to tLe acquisition or sate '• '" }----
<br /> ; �a��' ° Funds;held by Lendcr.If�under paragrap �
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<br /> .. ' of the Property.shalliagply.aay Funds held by Lender at[he cime oY acquisicion os sate as a cxedit against tIIe sumg sec�ued by , � !,��
<br /> � :�.; this Se�a�riry It�s�tm�ut� F
<br /> . . 3.AppUcatton of�PeY�e�Rs.Unless applicabtm tavr provides otAervrise.�gnSmeats received by I�eader wides paragrapLs � � � r s�
<br /> ��° 1 and 2 sha11 be appli�d:first;to anY D�P��TB�dr.e.u�der the Not„;��s�d,ca aaoumts payab2e under•paragra�h•Z: = � _„��'..�'
<br /> �;���' �s}�•- third.w interest dne:fmuth,to prin�+�l due;and last.to any�c�asges due u�er the hr�u� ,., ..: ' , '^� ��
<br /> : !' ' �� � 4;Chargc�Li�..Bsrro�er:s�tr�pay all ta�ces,ass�nts�:cTaarges.fi�es ar�i��:�sions�ttri'Dfltabta to the�erty ' __–
<br /> . . ,,., . '�.} �. ��� `; w cb attain s�s:Q Is�ument.an3�i��td payrr�e�or grounit teats.if any. Bosower sha1�pay '�;:--_--_-
<br /> '" ' i, �i �► Pri�' 3er.�':Sac�ritS' :
<br /> � ,� ; �� d is�th2��.Borrower sLall pay them oa ame direaly .••�
<br /> . , . .;�`'��`��j . 'tliese obligations in itle.m�.er proi" ia ga�'�r�r,�3.or.if r:rrt:pai : ,, .`��?°-
<br /> ,? 1 to ihe pes6o11 OwCA,V��iIIL:Bmer���sss�sball pr�m�r�f furais�.t�•�e�der all�ce�s of amounts to 6e patd under tbis paragraph. '' � Aa_<<_
<br /> : � ��`'" If Bom�+�ic�.s iaakes.tt�se Pa3►m p fivaisb to Lender re¢ei ts evidencin the , , „'„�-;
<br /> e�tsittit�ctfy.Bonowei shall zcttttg�S� P S PaY�g• Y'�
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<br />� . B�ow�s3�a]Yip�jomP�Y��Se any liea which has pr�ain?}�over tflis Security tnswnsent ualess Borrower:(a)a8t+cea�tt �,,. �E .
<br /> _._ .._:' _ ��_� writing ta���►SrS��iu of the obligation secured by the liea in a�er acceptable to Lender:(b)oontests in�ood faith the IieR• � Y' �
<br /> • . � ' by. or de+fonds t�.�ns!'enforcement of the lien in, legal praceedings whict►in the Lender's opinion operate to prevent the ,�":
<br /> �� enfor��of ttie t#eh:or(c)secures fmm t6�hoI�er of the iien an agreement satisfactory to Lender subordiaating the liea to � `,. -:;,,F•
<br /> • , this�S�cs�ty�Insmuneat.If Lend�r determines tLat any pazn e+�the Pmperty ia sublect to a lien whicb may astain priority over r�
<br /> ' •':. this Sxc�dty Instniment.lxndea�a.;�'.81ve Borstovrer a ac�'.ce 4'u�atifying[he tieo.Borrower shall satisfy the lien or take one or 4����;,�
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<br /> ' more af tlie actions sat�farth above t��ius 10 days c�5 t�t:.�i�g of notice. _
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