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.`� � . ,�: .�:�.,. . ... . . . � .. . w:wa�,�;�!s��: .,,,�.. . � � � t�. < <�� . � :rt BORROWER CAVENANTS thut Horrowcr is lawFully sciscd ot thc cstutc hcrcby convcycd end hes thc Nght to :- � grant and convcy tha Pruperty and that thc Pruperty is uncncumbcred,exccpt fur cncumbrunccs oP record. Banowcr warrant�and will defend gencrally thc UU�to thc Property oQalnst aU clnlms und demands.subject to any encumbrAnc�s " of rccord. TH1S SECURITY INSTRUMENT cambincs uniform covenants for nationul usa and nun-uni[arm covenants with limited variations by jurisdictiun to wnsdtutc�unifoam�ecurity instrument cavcrinb rcal prc�perty. � UNIFORM COVENANTS. Horrowcr end Lcadcr caven�r`owcrs huU au whcn duc thc rinri al of,und intcr�t 1 , � ]. Paymcnt of Prludpal�Interat aod Lau Chu�O. P'Y P p - ,,,�,�w�'' on,the debt evidenced by the Note aad late charges due under We Nate. � �.-«�-� 2, Monthly Paymeat of 11�es,Im�uranoo.and�thu Chubes. B°n°wcr shull include Ua eacb moathly payment. tagether with the principal and interest es set farth In the Note and any late chargcx,a sum for(a)taxes and speclal assessments levied or to be levled against Ws Property,(b)leasehold payments or ground rents on the Properry,and � , (c) premluws for iasurance required under paragraph 4. In aay year in which the Lender raust pay a mortgage ° � insurance preraium to che Secrecary of Housing and Urban Devalopmeat('Seccetary'),or la any year in which such �� premium woWd have been requUed if Lender still held the Securtty Insuumen� each moathly payment shall also ' include either.(i)a sum for the annual mortgage insuraace premium to be paid by Lender to the Secr�tary.or(ll)a t �' monthly charge instead of a mortgage lnsurancc premium If this Secudry Instrumeat Ls held by th�Secretary,in a �� F,. ' reasoaable amount to be detenNned by the Secretary. Except for the montt�ly charge by the Secretary,these items �: � are called"Fscrow Items"and the sucas paId to Lender are called"Escrow Funds." — Lender may,at any t1me,oollect and hold amounts for F�crow Items in an aggregate amount nol lo exceed thc p, max[mum amount that may be required for Bonower's escrow accouat uader the Real Estate Settlement Procedures � * Act of 1974, 12 U.S.G§2601 e�.and implementing reguladons,24 CFR Patt 3500.es they may be amended from �, " � time to time('RESPA').except that the cushion or reserve permitced by RESPA for unanticipated disbursements or ,-_ � � disbutsemeats before tho SorrowePs payments are available In the account may aot be based on amounts due for the �_ � � mongage insuraaoe preratum. If tt�e amounts held by I.ender for Fscrow Items exceed the amounts permitted to be held by RESPA,L.ender shall ' aocount to Borcox�eT for the excess tunds as r�qutred bY RESPa u the amounts of funds held by Lender at any time ' are aot su�cient to pay the Escrow Items wDen due,Leader may notIfy the Barrower and require Bonower to make ::,;, up the shortage as permitted by RESPA - „-::.r::. Thc Fscrow Funds are pledged as additlonal security for all sums secured by this Securiry Instrumen� If Bonower �(� �� " tenders to I.ender the full payment of all such sums,Borrower`s account shaIi bc crixiiii�wiitt ih��s��r��g ri'� •�� for all iactaUment itoms(a),(b)�and(c)and any mortgage lasurance premium installment that Lender has not become :�;...��.• obllgated to pay to ttte Secretary.and Lender shall promgtly refund any exc�.ss fl►►nds co Bortowez. Immediately prior JC'.L:,,.h�f�• .'. � ,�,,��,�;�ti•t� � to a foreelosure sale of the Property or lts acquisidoa by Lender,Borrower's accouat shall be credited vrith any balance ��Y;�°.;�::•.: = remaining for aU installments for items(a)�(b)�and(c)-