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'' ., ,�.• , _ <br /> ., � � . � ..:zr,�-tat5►4fi+V�v�Mt-, . , n�d,'w�...._._...y.s«.r,•M1p��7.- <br /> . .., � ..:.. . . . • <br /> �� � v . . _ <br /> '��- -_ . � ��:._.... . ---..._-. - .'--. �-�-._......,_... ._._._..-- <br /> �•.r.�,_.�-_�_...._���_._..—..�_...-•---�. . . . �����.��.._ <br /> .=J_'=�`_' '_ iu_._ <br /> .'. �. • • �_._. <br /> � <br /> �,.. <br /> ..� �_- <br /> :� q,pafiTl�R W(1'FI a11 the improvcments now or hemafter erected on tha property.and ell easements.appurtenances,and — <br /> ,�� fixtures now on c�rcaftcr a part of ths proFerty.All rePtaccments and addidons shall also be covered by this Securtty Insttumen�� E;; <br /> All of tha forcgoing is ccfcrred to in this Security Insuument as tho"Propeny." <br /> � �� BORROW�R COVHNAIVTS�hat Horrowcr Is lawfully sclsed of the estate hcreby conveyed and has the righ[to grant and� e�_ <br /> � � convey tho Property and thet�he Pmperty is unencnmbered,except for encumbrences of record. Borcower wa�rants end wUl� �_=- <br /> � defend generaUy tho ti110 to tha Property eBe3�►st HIl claims and demands,subject to any encumbrances of record. � <br /> ' THIS SECURITY INSTRUI�NT combines unifarm covenauts for nadonal use and non•uniform covenanta with limited� �'- <br /> �:�;� varIadons b urisdictlon to consdwto a uniform scxurity instruument covering real property. � <br /> r.. 93 .t <br /> UNIFORM COVENANTS.Borrower and Lcndcr wveaant and agree as follows: I� �_ <br />_-s��� when dua th <br />- � 1.Payment ot Princtpal and Interest;Prepayment and Late Charges. Borrower shall PromP�Y A$Y � <br />_� principal of and interest on tho debt evidenced by the Note and any prepayment end late charges due under the Note. <br /> - - 2.Funds tor Texea end Iasurence. Subjeet to app]Icable l�w or w a wriaen wffives by Lender,Borrower shal!pay to <br /> L,ender on the day monthly payments are due under the Nous.until the Note is paid in full.a sum("Funds")far.(a)yearly ta�ces <br />- � ��.� and assessments which may suain prlority over this Securiry Instrument a� a llen on the Property;@)yearly leasehald�ayments <br /> . . - or ground renis on tha Property,if anY:(�)Yearly bazard or property lnsuraz►ce premiums;(d)Yearly flood insurence premiwns.�f <br /> �; �: any;(e)Yearly mortgage inaurance premiums��f any: and(�anY sums PaYable by Borrower to Lender.in accordauce wltb the <br /> :�:.., provisions of paragraph 8. in Ueu of the payment of tnortgage insuranc�premiums. '11►ese items are called "Bscrow Items." <br /> ' 'A;;;.' I.ender may,at any time,coUect and hold Fnnda in an arnount not to exc.eed the maximum amount a lender far a federally related <br /> mortgage loaa�Aay reci��e for Ba�rower�g escrow ac�oun�under ct►e federal Real�staic Settlement Procedures Act of t974 as <br /> ~v`„";, amended from time w tirac,l2 U.S.C.Section 2601 es se�. ("RESPA"),unless anoth�r law that a�plies w the Fands sets a� _ <br /> ";;:;'�;._ amount If so.LQnder may.at any dme.wUect and hoid Fands in an emount not to exceed the lesser amout►t Lender may <br /> esdmate dte amount of Funds due on the basis of c�urent data and reasonab2e estimates of expendiaues of f�aae F.scmw Itsms ar � <br />: ,�';��, othenvlse in eccordance with applicable law. _= <br /> The Funds sdaU be held in an insdwtion whose depositv are iasured by a federal asency,inst�umentality,or endty(including <br /> .����;;e; Lender.if I,ender is such an insdwdon)or in any Federal Home Lflan Banlc. I.endat sball appiy the Funda w pay the Esrraw ==` <br />` ."';''w"��;• } Items.L.ender may not charge Borrower for holding�nd applying the Fwtds�annuallY adalYdn$the�s�ow acc°unt,or verifylt�g <br /> •.'}�.- the Bscrow Items.w�less I.ender pays Borrower interest on the Funds and applicable law pennits 1.ender to make such a c�large. <br /> .-r�-- However.Lender may require Borrower to pay a ane-time charge for en independent raal estats tax reponing semce used by <br /> ;�`';�?;� <br /> L.ender in connecdon with this loan.unless appllcable law provides otherwIse.Unlass an agceement is made or epplicabla 1aw <br />_m�",",_--- requires interest w be paid,Lender shall not ba required W pay Borroaer any interest or eamings on the Funds.Borroaer and <br /> ��+�i�iit <br /> �,_,�„�??�'�� Lender may agree!n wrIting,however.that interest sha116e paid on the Funds.Lemder sha11 give to Borrower,v,rithout charge.an - <br /> ��'���: annuai acco�mting of the Funds.showing credits and debUs to the Funds and the purpose for whlch cach debit w the Ftutds was <br /> n.���.�� <br />-;��:7is�fa� mede.'trie�.inds ar�pkxiged as actdiiiin;ai secuiltY far alt sss�xcuzed by sl�s S�rlty Ias�n!me�nr, .- <br />=a•�r,n�)� 1f the Funds held by Lender exoeed die an►ouc►ts Permi►ted to be held by applicable law.I.ender shall acxount to Bo�wer for _ <br /> _�";`� the eaccess Fuads in accordanoe with the requirements of applicable law.If the amount of the Funds held by I.endea et any time is ___ <br /> --� aot su�icient to pay the Bscrow Items when due,I.ender may so nasbfy Borrower in wrlttng.and,in such case Borrower shall paY <br /> — .to Lender the amount n�+to make up the deficiency.Sotmwer shall aiake up the deficlency in no more thaa twelve <br /> montt�lY payments,at I.ender's sole discretion. <br /> -- UPon PaYmeat in fuU.of all sums sec�red by this Security Instrumen4 Lenda shall promptly refnnd oo Bomower any F�ueds , <br /> -- - held by Lender.If.w►der paragraph 21.Lender shall acquire or sell the Pcoperty.I.eader,Prior to the acq�isition or sale of the . <br /> _ Property,shall apply any Funds held by Lender at the dme of acquisidon or sale as a credit against the sums secured by this <br /> Securtty Instc�meat <br /> 3.AppUcatton ot Paymenta Unless appllcable law provides otlte�wise,all•payments received by Lender under para�ePhs <br /> I and 2 shall be applied:first,to anY P�PaYma►t ct�arges dua uader tlise NoLe;second,to amounts payabie under pareBraph 2; <br /> third,to interest due:fouzth.to PrindPal due;and 1ast.w any lete charges due uaader the Note. <br /> — 4.ChArges:Ltena. Borrower sitall pay sll�uces:,essesrntents.�char8es, 8n�.w aad irnpo5etians aurtbntable W the Fc�+-t5+ <br /> ahich may at�in prlority over this 5ec,�uity Inslrument,and lea�ehold payments br ground rents,.if any.Borrower shall pay_these <br /> obligationa in the maur►er provided in paragrapb 2,qr 9f not paid in that manne�,Borrowcr sbari pay them on dme cllrecdy_3o the <br /> pe�son owed pay�ncnt Borrower shall promptly furnish to I.ender all aodces of atnounts to be paid under ihls parag�aph.If <br /> T T.� Bomower makes�hese payments direcdy.Borrower shaU prompt[y fumish to Letlder receipts evideaciug the peyments. <br /> -- Bonower shalt pmmpdy discharge any llen which hes priority over this Securlty Instrume�►t twtess Bortower.(a)agcres in <br /> wri�ng w the paymeat of the obligaaon secured by the llea in a marma acceptable to Lender.(b)contests in good feith the liea <br /> -- - by. or defends egainst enfomensent of the IIen in,tegel PmceedinSs which in the Leader's opinioa ope:sue to preveat the <br /> enfom.eaiaent of the llen;or(c)secures from the holdex of the liai an agr�anent sa�sfecoory w Lender subordinadn8 the lien to <br /> _= this Securlty Tnsuument If t.ender deter►nines that eny pazt of the Propercy is spbject w a lisn whict�may at�in P�iOritY over this <br /> __�� Securlty Instrument,Leniler•may give Bonower a nodce idendfying the lien.$orrowea shall satisfy the lien or tsice one or more , <br /> ` of the acttons set forth above within 10 days of the giving of nodee. 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