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<br /> ��� � T00STHER W1TH u11 the Impravementa now or herrafter'erected on the property,und ali eusementa,appurtanaicea, and =�
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<br /> .w.r� flxlures now ar hereaf4er u purt of thv properry. All replacements nnd addittona shntl nisa be covored by �his Securtry �. ;
<br /> Iastnunent. All af the foregolag ia rofesred to in tbia 5ecurlty Iastrument as tha'Property."
<br /> � BORROWBR COVBNANTS thnt Boreower is lawti�lly seixed of the esinte hemby conveyed m�d hns tha ri�ht co grant und
<br /> •� convey the Properry and thnt the Pcopecty ia unencumbered�except for encumbmnces of record. Barrower wurrunta nnd witl
<br /> , �� defend generulty the title to tha P[oper�y againat�11 clnlms and demands,subjeet to any eneumbrnuces of record
<br /> THIS SECURITY ENSTRUMBNT combtaes uniform covenants for nudonai use and non•unlfufm covennnta wlth limlted �
<br /> � vatiutions by jufiadictton ro conatitute a uniform securlry iasuumcnt ec►vedng renl property. r-
<br /> ;,,��' UNiFORM COVENANTS. Botrower and Lender covennnt and ssgrec ns followa: �n,i�nn du� the
<br /> = �. 1. P a y a t c A t o t P r t a c i p A l o u d Iaterest R Pre p a yment and I,ste Cborges. Borrower shali prompily pay
<br /> �_-=�' principal of and intenst on tho debt evideaced by the Note und eny prepayment nnd lute charges dae under the Note.
<br />- �� 2. Funds[or R'axes and Iosuraeice.Subject to npplicable law or t� a wrItten waiver by Lender. Borrower shnll pny ta
<br /> LEader on ehe day crtonthiy paymenta c�re due under the Note.until�he Note ia pnld in fuU,A sum("Funds")for:(a)yt►arly ciutes
<br /> -, and assessmenta which may atta�n prio�lty ovu tbls Security lnsttument as a Iten on the Property;(b)Yeurly lc.asehold pAymenta
<br />��•'�;� or ground nnta on the Pmperty,if any:(e)Yeatly hazerd or pmpeny insurance premiumst(d)Y�1y tlood insurance premiums,
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<br />-°�.,,, . it any:(e)Yearly m�ortga$o inaurance pnmiuma.lf any:and(�anY sums payablo by Borrower to Lender. in accordnnoe wl
<br /> �In:'� y
<br />_��r�4 the provlsiona of paragrcafph 8.W liw ot the pay�tteut of awrtgage lasurauce preiaiums. 7'hese itcros are cutled "Fscmw Itama.
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<br /> -�.,° I.euder awy.at aay tlme,collect aad hold Funds ia un emount aat to excced the mtuimum amount a lender for a fedc�rally
<br />��'•�, ' related mortgage loan uiay require fos Borrower's escrow account under the federal Reat Estate SetUemant Proceaiures Act of
<br />=�:��r�''�_,��� 1974 as amended from time to timo. 12 U.S.C.Sec.tton 2601 et stq. ("1tBSPA'). ualess another law that appltea to the Fuads
<br />-;•:;� seta a lesser a�aouat. if so� Leader ruay,at any ti�ne.coltr�ct and hatd F�nds In en emo�►nt not to eaceed the tesser amaunt. .
<br />---- Lender anay e�mau the amount of Runds due on the basis af cunent data snd reasonable esdmates of eapendicuns af futune
<br /> �y�."��j Escmw Items or othe:wise in aceordana witb applicable law.
<br /> -L � The Fuads shell be held in aa instltudon whose deposits are lnsured by a federal agency, tn'trume F�i�.tor ent�0
<br />��:��„�� (includiag Lender�if Lender is such an iastitution)or in eay Federal Iiome iaan Bank. Lsadar shall apP Y PaY
<br /> Escrow Iteias.Lender anay aot charge Borrower for halding sud aPP1J+ing the�►nds,aanually enalyzing the escrow account.or
<br /> -�e��� verii�ring the Escmw Items,ualess Lendcr paya Borrower interest aa the Fuads and applicable law permi�s Lcnder co make such
<br /> -= a charge.Howaver, Ieader map raNin Bon°wer to pay a oae-time charge for aa iadgpendeat real estat6 taa reporcing service
<br />-'��� used by L.eader in connect�oa witb 4h�s loan. untess aPpltcable law pmvldes otherwise. Unless an agreEment ia wade or
<br /> �°� ' apPliatble law requires iaterest to�e gaid,L,ender s6a11 cot be required to pay Borrower any inteneat or earaings on the�nds.
<br />-� Borrower and Lender caay agra in wrldng.howmver,that inurest shall be patd on the Fuada. Lender sSxall give to Borrower.
<br /> -_- , aithoue c�arge. an auauai�►�ting af tt�s�.;ha�ing trMits���!ebite m the Fwide aad the put�o�ts fcr which each
<br /> -_����, debit to the�ads was�a�de.l he Fuada ere pledged ss additionat securlty foe aii sums s�.carcd by cSsf�S�.artty[as#�atent• _
<br /> U the Funds held by L.ender w�cad the amouats permitted w be held by applicable law;Lender sbai,i accowit�w.�'umower
<br /> �-:�;�::`' ts of licable law.If the amaw}t�Q�t4��•�ade P��ld by�ender at any
<br /> for the excess Funds�►accoidance with the requir�man ePP
<br /> cime is noi sufticieat tQ�pay the Escrow Items�pe��ficiencys Eo�o�vec��.:aail emaks up the�d fiai xicy ta noemore thaa
<br />— shaU pay to Lender ta�a�ount necessery .
<br /> _ _ ' • twelve monthtY FaYme�,at Lender's sole d�ieti0a �acTer•elu,�tt�r�m�dy reAmd to Bomower any
<br /> �_Y::,'y� Upcm payment in fWl of ali sums secured i�+ this SeaurIt!►Instcument.
<br /> �unds held by Ltader.If�under paragaph 21.I�a�er s6all acq�aico or sell the P�opemyr�:�nQez,Prior to the acquisidon qr;si+le
<br /> ---•";�;;••� of the Pmpeity.s6a11 aPPly any Fuads held by Lender at the dme of acquialt�Qa�r saleJ.as a amdit against the sums secure�bY ,
<br /> this Savdty lnsuu�ent. rer�eived by Lender uadtt paragrapl►s .
<br /> . 3.Applicatfon oif�nnyments:Udess appllcable law provldes ottsetwise��1�ay� �.
<br /> --;�� ' ' 1 and Z sh�ii be e�plied:fuxt� w enY PrM"Y�����e�u4er the Notw;s�ond,co amounts paYable under P�P�Z� .�'.;. �._
<br /> .-:��,� tbird,to 3atr,�t due�fourth.to principat due�aad last.to aay late charges due under the Nou. ; `
<br /> -_— . , 4:'C�wrge3i,:�eag.Borrower sI►aU pay all ta�ea,assessments. chargea,fines and impositions attr[butable to the Property .,�.,�•:.
<br /> . �vbictt ma�r�8tihi�t'ps�asity over thia SaudtY pn�vmeni,aad leasehold payriittits:or ground rent�. if auy.�.Borrower shaU pay ',;;:`
<br /> �. . these ab�i�ations iri'ut►$:manaer pmvided ia paraBsaP'h 2.or if not paid ia that�mtriuter. Bomower shall pa�tham on dme directly '�;,;�:'.
<br /> ---- to the pe�ms►n owed paj►�nent.Bomower shall pmmptly fumish to Lemder all nodaes of amouats to be patd�tmiler this ParagraPh• .;�;;-,
<br /> If Bormri�rr makes these paymeats dira�tY.Boriotyer shall pz°mpt1Y fivaish to Lender rece�pts evideacing the payments.
<br /> _ _ - Sor'rrower sha11 prompdy discLarge any tieu vthioh has prtorlry over thla Secur'sty�jstsument unlesa Bormwer:(a)ag�+ees ln
<br /> wrtting w the paynaeut�of the obligation soGU+ed.�1�Y-the lita ia a manner acceptable to Len�et;(b)conteats''3n;good Paith the lien
<br /> by, or d�fends agaiast enforoement of the liz�i 3m. 1e8� P��SB����e ���e °p�on aper�ie to prevent t�e
<br /> — � enforxment of the llen;or(c)sscn,�fmm t�a hbltler of the llen an agreemeat sat�s�actoxY to Lender sutidrdinating the lien co
<br /> -- -- = this Sxurlry In�.ruaient.if Ir..ader aHetetmines that any part o8 the Property�s subject t�a 1➢en which may attaia priorlry over
<br /> --- �Sc�ulry Iasuument,Lender may give Bo�ower a nodce ideudfying the lien.BorroWer s�aU sat�sfY the lien or taice�ne or
<br /> - -- more of the actio�ois set forth above withfa 10�ys�f the giving of aotice.
<br /> Form 3�28 8J80
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