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<br /> - � ��-�� LOAN N0. 2 5 3 3 2 2 7 8 2 8 = '
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<br /> 98 �
<br /> THI8 BEGURITY IN8TRUMEN P combinea unNorm covenants tor natlonat use artd non•unfform coyenant�with
<br /> limited vadatione by Jurl�diction tA consti4ute a uniform seaurlry Instrument covering�eat property. "
<br /> " f UNIFORM COVENAMS.Bonowor and Lender covenant and agres�s follows: �.
<br /> � 1.Payment of PNnolp�l and IMeres�•Prepsyment artd Late Chargea. Bonower shall promptly pay when due
<br /> . , � the principal ot and tntereat an the debi ev�denced by the Note and eny prepaymen3 and late charqes due under the _-.-
<br /> �� Note.
<br /> ` �• 2.Funds for Ta�a�s�nd In�unrtas. 3ubJect to appitcabfe law or to a written walver by l.ender, 6oROwer shall y -;,
<br /> �� to Lender on the day monthty paymerits are due under the Note,ur►tIi the Note Is pald tn futt,a sum("Funda'�for.(a� .`
<br /> " ;�'�� �ea�l y taxes end assessments which may attain prlor(ty over thta Security Instrument as a Ilen on the Property;(b)yea�ly ; _a�
<br /> :,�-�----�i. ease hald payments or ground renta on the Property,i f any;(c)ye a r l y h a z a r d o r p ro p e r t y i n s u r a n c e p r e m l u m s;(d) I,;:,
<br /> �"�, yeaciy flood insurance premlume,ff any,�(e)yea►1y mortgage tnsurance prem i u m s,ff a n y;a n d( a i ry s um a p a y able b y ._
<br /> ��� Borrower to Lender. M ac�ordance with th�provtstons of paragraph 8,in Ifeu of the paymeM�morRgage insurartce ,��-�:
<br /> �` , • premtums.Thsse it�a�s are caUed'Escrow Items."Len der may,a t a ny t t m e,c o i l e c t a n d h ol d Funds in er�amount not to �•-�_
<br /> � r exceed the ma�cimam amount a lender for a federally r�lated mortgage loan may require for Borrowc�s escrow account o,�
<br /> under the federal Reai Estete 3eitlement Procedures Act of 1974 as amRnded from time to Ume. 12 tkJ.S.�. §2601 et _
<br /> � seq.('RESPA"),uniess aoother la�nr that ffi�pltes to the Furtds c;ets a tesser amount If sa,Lender ma�y.at anv tlme.callect =_-
<br /> �- and hald Funds tn We�amount not to exc�et!t�he lesser a�ou�.Lender may estimate the amaurtt oi�unds due or�the _�
<br /> basSa ot carr�rlt daY�ae�d reasona6le esttnaaScs of expendRures of future Escrow Items or othenadse 3n accordance with ,
<br /> applfcaWe law. . �'".
<br /> �.''i�i;��` The Funds ahal��e hdd in�n lns4Rt,�3}an wrhose depasfts aee insur�tS b ta federal agency,instrurnentalfty.cr enttty
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<br /> , ,�°° (Includtng Lender,tt Lender Is suc�an tnstitutionj or in erry Fe�eral Horrle oan Bank Lender shdl apply ths Funds to _ _,
<br /> • �"' pay the Eecrow items.Lender may not charge 8orrower for holdtng and apptying the Furtda,annualfyanaly�ing the �
<br /> escrow account.or veritying the Eecrow ltema,unless Lender pays Borrower interest on the Funda and appltcable iaw
<br /> perm(ts Lertder to m�ake such a charge.However.Lertder may require 6orrower to pay a one-Ume charge for an �:=-
<br /> independer►t real estate tex repo�ttng service used by Lender in connection wfth this toan�unless appl�able!aw =_
<br /> � provides otherwise. Unlesa an agreement is made or epplicabla law requires tMerest to be pa[d.Lender shall not be F;
<br /> • required to pay 8orrowersny Interesi or eamings on tha Funds.Barrawer and I.ender may agree In writing,however� _-
<br /> that tnterest shall be paldon the Funda.Lender shali g(ve to Borrower.wfthout charge,an annual accounting of the �
<br /> � Funde�show(ng credfta end debits ta the Funds and the purpose for which each debft to tho Funde wes made.Yhe
<br /> . � Fund�are�ledged as add�lonal security far att sums seeured by thta 5ecurity Instrumer�. ��8��'a����held o.
<br /> � � _ If the Funds held by tsnder exceed the amounts permHted to be held by apt�llcable law,
<br /> ,-`�� -'��.�� Bortower br the excess Fur�ds M accordanao with the requtreme�s of appIicable law.If the amount of the Funds
<br /> _ ,:•,_:,ut'� by i.sndsr ai ar:;r tl�s ta s�t��i sc ps�ihs��►lte�when dua.Lender maY sa notity Borrower In wrktnp�
<br />- - and,in such case B�ower shatl pay to Lender the amourit necessary to make up the deflciency.Bortower shaii maice
<br />_,=�,�,� ��'•�` up the deNatency in ao more than twetve monthly paymente,at Lender's scfe discretton. _ __
<br /> J'-:-�x��:�• Upon paymeM in fuil of all sums secured by th[a 3ecurity Inatrument,Lender shall promptly refund to BoROwer siry
<br /> ��;-��_�: Funda held by Lender.lf,urtder panagraph 21.Lender shall acqutre or sell the Properiy,Lender.pric�rto the acquls�lon
<br /> - -�%�.+�.� or sal�ot the Property.shall appty arry Funde held by Lender at tha dme of acqutsftion or sate as e credit against the
<br /> ,;.:��:�. sums secured by this Secu�i►y instrumern.
<br /> :�,;��r�l���� 3.Apppcetion o!Paymenb. UNess appltc�ble law provides otherwtse,all paymeMS recetved by Lender under
<br /> ,_�:,-::.M�.� p a r a g r a p h a t a n d 2 s h a l l b e a p p i t e d:f[r s t.t o a e�y pre p a y meni cha r ges due under the Nate;second. to amour�ta payabie
<br /> _ _ under paragraph 2;Yhird,to interest due;fourtV�,W principal due;and tast,to any tate charges due under the Note.
<br />-�=b���� ' 4.Cbsrges;Uer�s.Borrower shati pay a11 ta�ces.assessmeMs.chargea,flnes and imposttlons audbutabls to ihe
<br /> property which n�ay attain p�Iprity aver tMs Security InsWmer�,and teasehold payments or ground rents,if any.
<br /> _.,.�." Bortawer shatl pay these obih�iar�s tn the r�anner Rrovided In paragraph 2.ar if rtoi paEd in that mamer,Borrrnwer shail
<br /> — � pay them on ttme direcUy to t�ie persori owos9 l�ymern.Borrou►er shaU�romptly tum►sh to Lender ali notices of
<br /> = amount�to ne paid u�der this paragraph I�Borrawer makes thvse PaymeMe d[recbY.Bonawer shaY prompUy fumtah to _
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