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<br /> TUG6TH�R WITH afl the improveroenu no�w or herc�fter crected 98 pro�i01Q9 �nts. appurtenances,and
<br /> fiaturcs now or hereafcer � part of tbe property, All repl�cemenu �nd additione sh�l al,w b� r,o�erod by �hii Security
<br /> Inuninxnt..AU.nf the foregoing l�.refecred.so in thi�Securiry.inttrument•u the•"propecty.' ..
<br /> BORROWER GOVRNANTS thu Borrower i�IRwfully selsed of the cstue herby conveyed�nd hu the right to grant und
<br /> ����Y���P�n)' �����1'ropeny ia umncumbered, except for encumbrmas of record, Bonower wurants u�d will
<br /> defead�enerally the title to tde Propecty�ga(n���l���aimt and dem�nde,subJect to eny encumbrancey of rceord.
<br /> THIS SECURITY INSTRUMBNT combines unifortn cavenants for nation�l use snd non-uniform covenantc with limited
<br />- variationa by juriadiction to cowdtute�uniform aecurity inauvme�t covedng real property,
<br /> UNIFORM COVENANTS. Sorrower and Lender covenant ancJ agra�fullows:
<br /> i. Payment ot Principd u�d Iatereat; Prep�ymeqt and Late Chnrgee, goaower shul promptly pay when due the
<br /> principil of aad intereat on the debt evidrnced by the Note and any prepaymen�and�Ate chuges due under the Note.
<br /> 2. �nds[or Tiurea and Ip�yrance. Subjoct to �plicat►lo law or to a written wAiver by Lender, 8orrower shall p�y ta
<br /> l.ender oa the dty monthly.paymcnta ure dut under the Note,until the Note is paid in full,a sum("�und�")for:(a)ycarly tucs
<br /> and rssessments which may attain priodty over this Serurity Inatrument a�a licn on the PropertY; (b)Yeuly le�aehnld p�ymenta
<br /> or ground trnts on the Pimperry,if�ny;(c)yeuly hazr�rd or property insuranco premiums;(d)yearly flcx�d insur�nce premluma,
<br /> if�ny;(e)yeatly morigage insurance pnmiums, if eny;�nd(�any aum�payablc by Borrower to Lender, in accordu�ce with
<br /> the provisions of paragraph 8, ia lieu of the pryment of mongage insurance prcm;ums, 'mesc itema ue cnllcd"Escrow Items,"
<br /> Lender may, at any'tim�, collxt and hold F1�nds in r,n unount not to eac�ed the ma�cimum uiwunt �lender for� feder�lly
<br /> relued mortgage laan may}equlre for Borrnwer'a escrow account under tha fWeral Real Estatc Settlement Procedures Act of
<br /> . 1974 ou amended frpm timt ta time, 12 II.S.C. Secdon 2601 cl seq. ("RPSPA'), unless another law thu applies to the Funds
<br /> sets a leaser unount. If ao, Lender cnay, u any time. collat and hold Funde in aa uix►unt not to exceed the lesaer unount.
<br /> L.endcr may eatimAte the tcnount of Fundi due on the b�uia of current datA and reasonable estimates of expenditurca of futun
<br /> Pac.row Items or otherwiso in atcordaace with appliable l�w.
<br /> '1]�e Fundt �tul! be held in �u institutioa whwe deporiu arc insured by a falor�l agmcy, IIISINIlICilf�(ltY, or entity
<br /> (including I,endcr, if L,ender 9s such an instituNon)or In u►y Feder�l Home Loan Bank. I.ender ah�l(�pply the Fuadi to pay the
<br /> P.ncmw Ifemt.I.ender mty not�chuge Boti+nwei�for holdlag ond applying the Funda,�nnwlly aai�lyzing the eacrow�ccount,ox
<br /> • verityin�[he Facrow Items.unleas Lender pays Borrower interrat od the Fuc►de end�pplicable Itw penniu Leader to m�lce auch
<br /> t chu�e. However,Lender mey require 8orrower to psy a ane-time chuge for an indepeodent nal eatate tu reporting�en,ice
<br /> wed by L.eMer in connection wltl� this loaa, unleaa �ppllcable l�w provides othenvise. Unless �n �groeipeAt is mde or
<br /> �pplic�ble law roquirea interdt to be peid, Lealer slWl poc be roqulrai to pay Borrower any intereat or eunings oa tbe Fw�de.
<br /> 9orrower ud L.ender ma��groe in writin8. howevet. thu intemst shall t►e n.iA �r��g�nds. L•.adcr�ii �ive�0 8c,rrower.
<br /> , witbout charse..au mnwl�ocounting of the Funda,showing credite aod debita to tho Fuada�nd the�wrpose for which e�ch
<br /> deblt to�he Funds�vu msde. 'Ihe Fundi ue pledged�additional security for ali�uma secui'ed by this Security Instniment.
<br /> It;�he�ads held by Lp�der exxed tLe�mounu petm{tted to be heid by applicable law. I.eMer ehall�ocount to Bomowor
<br /> fo�,the eaccas Fuad�In�ocnrdana wlth tbe t+eyui�menta of applicable law. If the amount of the Fw�ds held bv [.ender u anv
<br /> .�.�.f,.:...;.»wa._;__.... .. ..._.,__. naer may
<br /> .. ............Y�Y�V tid{rIVM�ZGIII�WJK:A QUPi� i.e so notify Borrower in writing.wd.in such cau Bomower
<br /> shhall pay w L,d�der the atn�u neoeawry to m�Ce up the deficiency. Borruwer aha11 make up the denciaxy in no mon th�n
<br /> twelve monthlY WY��,+�1.eader's�ole dixretion.
<br /> UP� WY�+►t in full of�II wm� recured by this Security Instcument, I�ender shall promptly refund to Bormwer uiy
<br /> FunG�heid by I.aider. If�under pu��p6 21�I.eAder shall�cquine or aell the Property�Leucfer,prior ta t!x acquiution or a�le
<br /> �� I��1Y+�Y F�ds luld by l,ender at the time of�cquisition Ar sale as a credit againit the iums iecur�d by
<br /> ry
<br /> . , 3.Appikatloa u[P�ymeWs.Unla��ppiic�ble law provides othezvw��e,all paymenta meived by I.Gnder under W�+B�+
<br /> 1 sad 2 t4a1!be�pplled: fint, to anY Pregeyment c6�rgq due wider the Note: �aond,ta unounta payable under par�r�ph 2;
<br /> thir+d,to u�ta�eu due;foucth,to princ{pal due:md laa,to�ny lue chuges due under�he Note.
<br /> A. Cb�a+I.k�s. Borrower ahall pQy all tud, as�easments, clu�rga, fin�and�p�iliqu.atMt�utable to the Pmppty
<br /> which m�y attaia rwr�t,r over this Socurity Inttrurna►t. md leafehold paym�enu or grourd renta, if�any. Bocrower ihhall {uy
<br /> these obitptioa�id�:tbb�oe�providul ia par�raph 2, or if not paid ia thu romaer,Horrower ahall�pay them on time directly
<br /> to t2n penon oMed p�yment. Borrowcr ahall promptlY tSunuh to i,ender all notioa of urwunta to be p�id uoder thia par�graph,
<br /> It Hacuwer mtices thae paymeats diroctly�Borrower�ha11 PromptlY l�rNah to I.a�der recoiAta evideocln8 t6e WYmrnts. �
<br /> Borrow�er dull promptly dlichuge�ny lien which h�u prbriry over this Security�irumeat tmleas�E3orrower: (a)aYras in
<br /> writioa w the paymeat of the obliguion�ecured by the lieu in a muuKr ac�table to Lender; (b)oontats!n good fdth the lien
<br /> _ by. a defends againtt enfor�eemeat of the liea in. IeB� P�ng� which in tbe L,wder'a opiaion operste to pnvent t1x
<br /> eaforanKnt of the liea; or(c)�aarra fmm the holda of the lirn an�ceement sa�isf�ictory to L,erader subocdin�ting tlx flen to
<br /> th�s Socurity In:tiumeat. If[.emder deter�Nnea thac any put of the p[operty ia wbjoct to a li�n wbich may atqin priority over
<br /> tAis'Soc�Wcy Insttunneat. LeMer way�ive Borrower�nodce idendfying thp lirn. Borrower shall aat3�tj�thc lien or talce one or
<br /> morc of the aaians set forth atwva wi�hin 10 daya of the giving of notice, �
<br /> ��IIJNE)u2���.02 � Fam 302t Y/�0
<br /> ►�w�ae
<br /> INtl�4:
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