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<br /> T(3ClF'fH�R W(TH ull thc improvements now or herenfter erected on thc propercy,and all�is'einents,pOu cnuntc�uid
<br /> ' � 1"ixtures nmv ur hereufter a part of the property. All replucements and additions shall ul�u be cavered by thi.r• Sccurity
<br /> ' lnstrumcnt. AU of tlte fare�;�ing i+refened to in this Securiry In�tniment uti the"Property." c
<br /> aORROWER COV�NANTS that Borrawcr is lawfully seised of the estate hereby convcyui und ha�thc right to grant uttd
<br /> '''�°�''`� ronvey the Pr��perty und thut the Pmpeny is unettcumbered, exccpt for encumbrances nf record. Borrower warrcmts .ind will
<br /> dcfend gcncrally thc tidc to thc Property against all clnims und dcmandti,subjcct ta uny encumbranccs of rcconl.
<br /> _ .� THlS SECURITY INSTRUMENT combines uniform covenunts for nutional use and non-uniforni cavenunts with limiteci
<br /> - � variations hy jurisdiction to constitute u uniforni security instrument covering real propeny.
<br /> � UNIFORM COVF.NANTS. Horrowe�und Lendcr covenant ond ugrce as follows:
<br /> • 1. Poyment uf Pirincipal and Inter�t; Prepayment and I.ate Charges. Borrower shall promptly puy whcn due thc
<br /> ,,, , principal of und interest on the debt evidenccvi by the Note und any prepayment and late charges due under the Note.
<br /> - 2. Fundv for Taxes a�id Insurance. Subject to applicuble law or to u written waiver by Lender, Dorrower shull puy to
<br /> - � l.ender on the day monthly payments aze due under the Notc,until the Note is paid in tulL:�sum("Funds")for:(u)yearly tuxes
<br /> :,'';��:� and assetitiments which may attain priority over this Security Iiistrument as a iicn on the Prna�peny:(b)yearly Ieasehold payments
<br />-� �;,o�,�;? or ground rents on the Property, if any;(c)yenrly hazard or propeny insurance premiums:(d)yearly floc�d insurnnce prcmiums,
<br />_,c Fj�::-. if uny; (e)ycariy mung:�r inaueanee premiums, if any:and (� any sums g,�y�:able by Borrower to l.eocier, in acwrdunce wIth _.
<br />' �:�'�-•• the rovisions of ra ra h 8,in lieu of the a mcnt of mort a e insuran� rtmiums.These items are culled "Escrow Items."
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<br /> Lender muy, at any time, collect and hold Funds In an amount not to exceed the maximum amount a lender for u federally
<br /> � reluted murtguge loan may require far Bc>rrower's escrow accaunt under the federal Reat Estate Settlement FroceAures Act of
<br /> _��?'S�` " 1974 as amended from timc ta time, 12 U.S.C.Section 2601 et seq. ("RESPA"). unless another law that applies to the Funds
<br /> �A<i..��`=c, sets a lesser amount. If so, Ixnder muy, at uny time, collect and hold Funds in an amount not to exceed the Iesser wnount.
<br />' ��-�•'- Lcnder mny estimute the amaunt of Funds due on the b�sis af cun�ent data nnd reasoneble estimates of expenditures of future
<br />-- .�"�'' Escrow Items or otherwise in acc��rd��nce with applicable luw.
<br /> --' The Funds shall be held in un institutlon whose deposits are insured by a fcderal a�ency, instrumentulity. or entity
<br /> "����� (including Lender,if I.ender is such an institution)or in any Federal Home I.oan Hank.Lender shaU upply the Funds to pay the
<br /> —'"-`=� Escrow Items. Lender may not charge Borrower for holding and appl?•n�ng th:�unds,annually analyaing the cscrow account,or
<br /> =— vc�ity���g it�e Lsc.��.tcros. i�.zlcss l.znd.r p:cys Bono:tier intera�^..,*`�c&+�nc,an�i aprlic.�ble law Qermits Lender ro make such
<br /> _-_� n charge. However,Lender may require Bonower ro pay a one-tim:ehsr.ga for un indcpendent real estute tax rcporting service
<br /> ;_��,;,�,' used b}• Lender in connection with this loan, unless applicable !aw provides ottierwise. Unle.ss an agreement is made or
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