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<br /> � 98- i�.o�ro
<br /> TCXiIi 1'N�R WITfI �II tho improvementa now or hereafter ara;ted on �he property. �nd all anementx,
<br /> �ppurtenmca+,�nd tixture�now ar hereafur a p�rt a�the property,All repl�cemente and�dditi�rus eh�ll aleo be covered
<br /> by thia Security l�stn�rnent.All of the fon�oinQ ia ro�erred to in this Security Instrument as the"property,"
<br /> HORROWFR CUVk?NAN'fS that AorrnMer ie lawfully eeise,d of the eaqte her�by conveyed�nd has the ri�ht to
<br /> �rant and convey the Pr�erty md th�t the Property ie unencumbered,except��r encumbrances of rec�rd, f3ormwer
<br /> warr�nts�nd wilt de�end eenerally the title ta the Property���inst�II cl�ime ond dem ands.suhject to any encumbr�nces
<br /> n�rocard,
<br /> TH1S SE(:UR1TY 1NSTRUt.�ENT combines unifarm covemnts for n�tional u�e�nd non-unitorm covensnt�Nith
<br /> limital v�riatione by juriediction t�conatitute�uniturm Aecurity instrumentcov�rinL ttal property.
<br /> UNIPORM C:UVL�NAN'15,$orro�ver u�d I.ender coven�nt and agree�s folloNe:
<br /> I. P�ymeat oI Priacip�l�nd lntereat;Prep�ymoat�ad Late Char�es, Bormwer shell promptly psy whCn d�k
<br /> the princip�l ot�nd intercat on the debt evidnnad by the IVote and any prep�yment md I�tC char�es d��e under the Note.
<br /> 1. Fund�for T�Ye�aad Iniur�oce.Subject to�pplicable I�w or to�written w�iver by C,ender, Bo�rower ehall
<br /> My to l,ender on the day monthly p�ymenta aro due under the Note,until the Noteis pid in full,a sum ("t�unds")for.
<br /> (�) yarly axes and�.�eaemente wl�ich may atUin priurity over this Security instro�nent ss a lien on the Property;(b)
<br />_ yearly�laxhold paymcnts or ground rents on thr, property, if any; (c)youtly h�zard or propeny insurance premiuma;
<br /> (d)yarly tlood inaursna premiume,it any; (e)yearly mortp�e inaurence promiums,i�any;and�f)any sum�pay�bla
<br /> by 13orro�ver ta Lender.in acoordance�ith the provi�ione ot para�raph 8, in lieu d1 tt�o p�yment ot mortQ��o insunnce
<br /> premiume.Thaae items�re c�llad"�oN Iteme."Lender mey,et any time,collcet a�nd h�ld I�unds in en amaunt not
<br /> to exceai the maYimurn amount a lendet far� federally r+elatod mortea�o Iwn may require for Borrower's eancrow
<br /> �ccount under the feder�l Ral Eetate Settlernrnt Procedures Act of 1974�e amended from time to time, 12 U,S.C:,
<br /> Section 2601 �t pq, ("RESPA"),unleee another law that applies to the Funde seta�Ieae�r�mount,lf ao,Lender m�y,
<br /> at a�y time,oollect�►nd hold Fund�s in an amount not tv e:ceed the leeeer amouut.Lender may estimau the�mavnt�f
<br /> Funde due on the baeiQ of curcent dat��nd rareonable estimates of e:pendituces of tutute F�crow Iume ur othecwi�o in
<br /> �ccordance with�pplicable 3aN.
<br /> The Funde ehall be held in an inetitution xhoee daposits arc insured by�fedenl a{ency,inatrumentality,or entity
<br /> (includin�Lender,it Lendcr ie such�n institution)or in tny Federd Home[.oan Bm1c.I.endo�ehall appty the Punb to
<br /> py the F�croM Iteme. Lrnder m�y not ch�r�e Borrorver tor lwldin��t►d �pplyin�the Funds, annwlly an�lyzin�the
<br /> eacroM�000un#,nr verifyin�the F�croM Itema,unlaee Lender pys Borrower intorart on the Funds and appliabfe bw�
<br /> permite Lender to m�ke such a clur�e. How�ever, Lender may roqt�ro Barrowra to pay a one-time char`e for an
<br /> ' independent red estate tu reportin�eervioe ueed by l.ender in oonnection Mith thie loan,unleae�pplicable laM provides
<br /> otherNise.Unlaee an a�reement is m�de or�pplicable laN requiroe interest to be pid.Lander nhall not bt required to
<br /> pey BorroNer�ny inta�etot e�rnin�e on the Punde.Borro�er and Lender may a�roe in writinj,hoMever,tMt intere�t
<br /> ahall be pid on tho Fund�. I.ender sh�lt�ive to Borrower� xithout charre�an�nnu�l a�ocountin�ot the Funds,d�owins
<br /> crodita and�iebita to the Funde a�d the purpoee tor Mhich eech debit to the Punds ■�s m�de.T!�A�n►riw,�iw r+l.���.
<br /> additionai secwity tor all wme eecurad bp this Security Instrument. �
<br /> It the Fw�de held by L.ender exceed the smounts permitted to be held by�pplicable laM. Lencler shal( aopount to
<br /> BonoNer tor the e:oees Funds in saoord�na�ith the requit+ements of�ppliable l�r. Iltheamount of tl►e P�nds Ibld
<br /> by Lender at any tiri�e ia not eufficient to py the EecroM Iteme Mhen due,L,ender may eo notify$orro�er in writins.
<br /> and, in stich case$ncrow�er ahdl pay to LeMfer the�mount neceesary to make up the �ciencg.�orroMer eh�U rr�be
<br /> up the deticiency in�no more ttun tMelve monthly payments,at Lendor'@ aale diecr�etion. '. �
<br /> ' U�an payment in full of dl eumn exurod by thia Secudty lnstrument,i,endere►►a��p�,omptly re{wd to g,�cto�eu� �
<br /> any Funde held by Ler�der. I[, undor p�ra�aph 21, Lender ehall �oquire or sell the PropertY, I,a�der, pci�r��Eo tbe
<br /> soquisitian or s�le o[the Property,ah�ll apply�ny Funde Aeld by Ler�der at the tima d acquiaidcm or e�le a�a credit
<br /> apinet the eume sec�nnd by thie Security Inetrument.
<br /> 3. Applipitioa o� Rymeata. Unles�applicaM�laM provides othenvise,tll pyrnenta rooe,ived by L,erdx urider
<br /> P�+�P�1 and 2 ahall be appliad: Crot, to anr pre�yment ch�rtre due under ttb I�Tvoc�eeoond,to amount�P�Y+�
<br /> under pr�aph�third.to intorprt due:iowth,to pnncipal due;�nd laet,to any latechanes due w�der t!b Note.
<br /> 4. Chusea� Liens. Borrprvcr ehall p�y all ta:ae, aeseeemente, cturRee,fines u�d i ti butable to the
<br /> PropertY Mliich may�ttin pnvrlty over thia Security Inrtrument, and leaeehold payn � !�lr.�d re�b, if �n�.
<br /> SorwMer ehall paY:t�tee obliptione in the mam�er provided in p�ra�nph 2,a i!rot p�id in thbt manner. Bort+o��r '
<br /> atuU py tfam on�ime diroctly to the pereon oned pyment.Borroxer sh�ll promptly�utnieh to'Y.ender all notioa o[
<br /> , � amounw to be pid iind«thie p�utip�aph.If BormMer m�kee:the4e paymenm diroctlr,Barorer etil{promP�7,��� •1
<br /> to[.eoder rooeipts evidencin�the pymenta. � • . •
<br /> Borrower ahall prornptly dixhar�e any lien Mhich lus�itiority ova tF�ia Security Yntruma�t tmleee Borrowex;(i)
<br /> a�in �vritint to the payment of the obtiption e�ecured by the lien in�manner socepqbie to Ir.�der; �b)oontasq in
<br /> . �ood f�ith the lien by,or det4nda apinst erttorament d the lien in. lepl proc�eedin�e�hieh in ttre Ladx's opinion
<br /> operate to qevent the entacement o(the lien:or (c)eecuror trom the holder ot the t iaa at�a�teement sde[�y to
<br /> I.aider subordimdn�the lien to thia Security Inetrument.If Lender determinae that uay part ot the Propert>»subject
<br /> to a lien ahich may attain priority ova this Security Inetrument,Lender m�y pve Borrower a notioe identityins the
<br /> lien. BorroMer e1u11 e�tisty the lien or take one or more of the actione eet forth abova xithin ]0 drys d the pvin=o�
<br /> notiae. ,
<br /> �'����112�7L01 ��M 2 H• F«�
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