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<br /> � TUQ�THE[E WITH all the improvementa rww or herexRer ercctod on the propert�r,�nd al!eowementa, appurtenu�ca, s�M
<br /> fixtunx now or beceafter a part of the property. All repl�cemenu u�d addidom sh�l! tl�o be coverod by this Savrity
<br /> Inurument.All of the foroQoin� i�refernd to in thf�Socurity Inatniment u the "Propttty,'
<br /> BORROWHR COVBIVANTS thu Bornowec is lawfully eei�d of the atue hereby conveyod uid has the d�ht tn ar+mt and
<br /> convey the Property and thu tho Property L unencumbered,except for encumbra�a of record. Borrower worranu aad will
<br /> defead�enenlly the tide to the Pmptrty ydnst all cl�lau�c�d demuKfi,aubJxt to aoy�acumbr�nca of rabrd.
<br /> 'Y'HIS S�CURiTY IN5TRUMENT combines uniform a►v�nent�for nntinnnl i,x r�rtcl non-uniform covenants wlth Ilmited
<br /> v�rl�tioas by jurisdktion to constitute a uniform�ecuriry iastrument coverins re�l Pnoperty,
<br /> UNIFORM GOVENANTS.Borrower and Lender coven�nt and�gree aa fnllowr
<br /> 1, P�ymait ot Priadp�! sad Iata�a�; Prepwymeat and l.wte Ch�r�es, Borrower shall pmmptly pey when due the
<br /> priacipal af ind interest on the debt evidenced by the Note and�ny prepayment u�d ]we chuga due under the Note.
<br /> 2. F��ds[or'Mxea�nd Iawranee. Subject to�pplicable Iaw or to�wdtten walver by I.tnder, Borrower sh�ll p�y to
<br /> I.ender on the d�y awnthly paymaits ua due under the Note�until the Note ia p�ld in full,a aum('Funds")for:(y ye�rly tues
<br /> ud as�a�maiu which nuy�tudn priodry over thi:Securlty Inctcvment a9 t lien on iho Property; (b)yeuly learehold paymeats
<br /> or�round renu on the Pc�opary. if�ny�(o)Yeuly h�z�M or property insunace prcmlums�(d)YeulY flood insuru�ce premium,
<br /> if my; (e)yeuly mortg�ge iniur�aoe prcmiums, if any; and(� any sums p�yable by Bomower to Lajder, ta�ccord�nce with
<br /> the provisions of puagraph 8,in lieu of the payment of mortg�ge inauruxo premiuroi, These items Aoe called'FacroM lums.'
<br /> La�der may, �t uiy time, collect md hold Bundi in w unouat not to exaod the muslmum�mount a twder I�Or a feEaally
<br /> rel�ted mortpge lan tn�y requin for Borrower'i eserow account under tbe f�decal Rr�l Estuo Senlemeac Pcocedures Act of
<br /> 1974 as aa�endM from time to time, 12 U.S.C. Section 2601 ct stq. ('RESPA"), �aless u�othcr law ihat appliec to the Fundi
<br /> seu a ks�er amount. If�o. L,eader may. at �ny time, copect uid hold Funds in an�cnount nut w exceod t4e lesser amount.
<br /> L,a�der m�y atimate the unount of Fwwis due on tbe basi: of cument d�tt uxf reawnable estimues of expaiditura of tutun
<br /> F.�cnow Item�or otherwise in�ocrxdukt with applicable law.
<br /> The P�nds dull be beld ia m inaitutioa wtw�e dq�aits u+e inwml by a faier�l a�a�cy. inatnuneat�lity. or eatiry
<br /> (includiaj Leader.if I.eader L wch an in:titution)or ia�ny Feder�l Hom�Loaa B�nt. I.asder r2Wl�pply tl�e Funds w pry tbe
<br /> Fx�ow�lteim. l.e�der my not�e Borrower for holdic�and spQlylna the Fwids.nnu�lly�oslyzins the eicmw a000�nt. a
<br /> vvityin�the FacraM Itean.uakas Laidrr ptys Bortuw�u interest on the Funds aad �ppliable laa pamits L�eoder to m�lm att�
<br /> a cha�e. Ho�veva�L�eader tmy tequire Bocmwer to p�y a one-time chu�e for w iadepaidau cr�l atate tu reportiat wrjoe
<br /> wed by La�der in ooanaxia► with thi� loan. unless spplic�ble law pruvides otbawiu. Ualeu �n a�reeaspx i� a�de a
<br /> applicabie law requic+es inta+at to be paid�Laeder�hall not be requtned to piy BomoNer�ny.lauxat or wcainje on the Pmd�.
<br />. BORO�T 1Od LLOdEf 1��I lt1�EE i11 Wfitin0, IMaever. thf�f fM�evxt Rhl1 M Ff�i�l n� rM Fn..."'�...�:�. i !�!:"L'f^�.':�'1, .
<br /> �fb011�C�IiTiC, m i�Rll� �OCOLLIIt�j O�t�lE FUDdi. lfWWldj CIO�ff YI��ltf(O IbC �Y�d��tbE p11[]10�IC f0T �!�Q�Cb
<br /> debit to the Funds was mde.7be Fundi�re pledged as dditlan�l xcuriry for all w��ecured by this 5ecuriry Ia�waeot.
<br /> If the Punds beld by La�der exoeed tbe amouqts pettnitted.tQ be held by applicaMa lnv.La�der shall a000unt to Bolmwer
<br /> for tbe excru Funda in sxord�nce with the requinmeaa af applic�ble law,If the amoisur ot the Funds beJd by L,eader Y aay
<br /> time i�t dat sutticiant to p�y the F.tcr�w Items when due,l.ender u�y so naify Bomorar la writin�,aod,in suc�case Borrowner
<br /> ahall p�y to l�eotkr We�unouat neoesury w nuko up the deficletxy. Borrowec thall a�ake up the deflcieary in no more than
<br /> tw�dve monthty p:ymeoa,at I.eoder's sole dixxetibn�
<br /> Upan payman ia tbll of all wrm�ewcod by thL Secudty Insuumeat, I�eada sL�il promptly �etilud oo Borrow�a my
<br /> Puods bdd by I�mder. If.uader pu�caph 21,I.aider�L�ll aoquin or ull the ProQary� i:aider.prior W�tLe acquiaidon a saM
<br /> ot rh�e.Prope�ty. �U apply my Puod�held by L,eader u tbe tlwe of�cquisitjoa or stle ar�cncdit apiart t6e wms sa.�ttred bry
<br /> thi�5otauiry Iruuumaot.
<br /> 3.Applle�tio�o[h�tab.Udeu�pplicable laM pcv�vida otl�envix,all p�ynmtt teoeived by Latdet under prap�pb
<br /> 1 �od 2 duU be apQlied:Mt,to�mY PnPiY��i�+due under tbe Ncxe: seoond�to unounu pryable nnda pattstiph 2;
<br /> thi�d,to•intecat due�foiut6.to prU�Clp�l due:u�d lat.to any lite char�due uader die Nate. • 1,:��,..
<br /> �..GWrtea; IJer.gorm�ret chW pRy �11 taues,waswauo�clursa�fin�aad inipoaitioa��tuibut�ble w tbe Prap4rty ,`.
<br /> w�6kD mry �ttaln pcioriry over thle Securiry lottiun�t. �aed leuebold p�ymeaq o:�ouod nau, if a�r. Borc�o�rer�ball p�y �
<br /> tbae obliptiom in tho mmner providod in pan�n�ph 2,or if not pud L►tluu��Boaowrer�11 pay them m time dirocxly
<br /> to 16e per�an owed prym�at.Bocmrva sh�ll prompdy fumish to L�eoder W notica of ut�oimti w be p�id uoder thls pra��p6.
<br /> . if Bormwa malcd Ihae{uymeab dira,�tly.Horrowa�lull Pron�tly fwni�h to Irmdcreoeipta tvideacioj tbe p�ymwts. ,
<br /> Bcxto�ver�hall P��Y�E��ny lka w�hich has priority ova thi�Secucity lastromeot udat Bat�o�v�r:(a)a�rea !a
<br /> .v�ia�w u�e p.ymeac or tde ea.�a;on�ec„na by u�e�;w ia a tn�m«�ooeperbk�o cmaer:ro>000�oaa in�ood rai�h i�e um
<br /> by, or'defeod� apintt eaforcea�d�t',of the liea in� leEai ptc�ceodiog��vhich in t6e Lender': opiuiau pperate a p�eyeat tLe
<br /> eaforoemait of the liei�;or(c)�ecyres from the holder of the lian�m a�reaneat�tiaf�ctory to lrader sub�Mia�tio�t6e lka to .
<br /> ,�. thii Soc,urity In�tiva�at.If Ixader d�termiue�that any part of the Property i�subjea w�liea wfiicb may atWn priority oves
<br /> this So�Uriry Inun�ment.Lender mny aive&►rrower a notico idw;�fyina the liea.Bortoe�ver shdl saci:fy thc liea or tabe ooe or
<br /> more of the actioas xt focth above wlthin 10 d�ya of the giving of nutiqe. �
<br /> Fann�02� �/�o
<br /> �-i111Np ni�zi.o� �.�.�a• ���,y
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