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<br /> TO(3ETHER W1TH�II the Improvementa now ar hereafler era:ted on the property,�nd�It e,�c�d�ts;ap'u,1rirn0u�. erva
<br /> flxtures now or hereafter a part ot the property. All repi�csments ud �elditions shdl �Iw be covered by �his Secu�ity
<br /> lnurument,All of the fore�oin�is retm�ed co in thla Security Ins�rument u the"Pcoperty."
<br /> BORROWER COVBNANTS thr 9onrowpr is I�wfully uisal of the est�te hrrcby convcyed u�d hu the ri�ht to gront u�d
<br /> con�eY the Pmperty and thu the P'roperty !s unencumbered, exce�t for encumbru�ces of raoccl. Borrower wur�ats aui wfll
<br /> defead�enerelly tbe title to the�coperty ��In:t all cldms and demu�d�,subJxt to my encumbrar�tes of record,
<br /> THI5 SECURITY INSTRUMENT combines unlform coven�nts fur national use and non-uniform covennnta with limited
<br /> vuiuion�by juri�diction to con�dtute i unliorm�aurity instcumrnt cavering rc�l property.
<br /> UNIFORM COVENANTS.Bonower and IxMer coven�nt u�d�gra�s followa:
<br /> 1. Paymeat of PrioclpN apd Iatsrat; PrepaYmmt�nd Lwte Cb�r�a. Borrower thnll promptly p�y whcn dur the
<br /> princip�J of uid interat on the debt nvidencM by the Note and�ny prepayment�1 late charga due under the Note,
<br /> 2. F�rnd�tor Tnxa�nd In�urwcs. Subjoct W applic�ble lew or to a writttn w�lver by Lender, Borcawar shall pay to
<br /> 1.endet on the day monthly paympus ue due under the Note,untit the Note is p�id in fuU,a wm('Funds")for:(a)yearly twces
<br /> �nd asuuroena wbich rtuy uuun priodty over this Secudty lnstrwnent�s a liea oa the Propeny;(b)yeuly leuehold piymeats
<br /> or ground rmta oa the Pcope�ty, if any;(c)yeuly h�zud or property inaursnce premiuma;(d)y�ariy flood lnsuru�ce pnraiwns,
<br /> if any; (e)yeuly mortgage insuru�ce pramiums, if any;uxl(� any aums payxble by Borrower to I.ender, in�ccordana witli
<br /> the pmvisio�u of puagraph 8, in lieu of the payment of mongAge insur�uce prcmiums. These items sue called"Escrow Itcnu."
<br /> • Leader m�y, u any time,coilect and hold Funds in an amount not to eaceed We mulmum ax�wunt a Iender for a faknlly
<br /> rel�led moctgaaa Iwn may requin fa Borrower's escrow a,xount under the federnl Ral P.�ute Settlement Pn�ceAurp Act of
<br /> 19T4�unended fmro rime to time. l2 U.S.C. Seclian 26Q1 et,req. ("RESI'A"),unlcss aswthcr liw that applies to the funds
<br /> sets a lesser amount. If so, Lend�c mry, at any time, callcet and hold Funda in ui amount npt to eaceed the leuer unount.
<br /> Lender maY atim�te the�nount of Fw�ds due on the b�sia of curnnt data�nd rwonable atimuca of expenditurcs of future
<br /> Facrow Items or otherwise in aocordarce with applicable law.
<br /> Tbe Fund� sh�ll be held ia aq Institutioa whoae deposits �rc insurcd by � federal �gency, imtcumrntality, or rnUty
<br /> (iucluding L,axler,if L�ender ia such m instinnion)or la iny Federal�Iome Loui Bu�k. Lender s�udl apply t6e Funds to pay the
<br /> G�crow Itema.l.ender may uot ch�r�e Borrower for holding md applying the Fund�,u�nually rc�lyzing the esccow�ccouat,or
<br /> verityin�tY,e Facrow Item�,ualeu I.ender pays$orrower interat on the Funds and�pplicable law permita Lender to m�ke auch
<br /> a chuYe. Hmve�'er,Ixnder may require Bormwer to pry a oae-time chuge for an indepaideat reAl estate tex reponing xcvioe
<br /> used by I.eader in oowoection wiW tbia loan, unleu �ppUcable law provides otherwise. UNas m agxxaowt is mde or
<br /> applicable law requira interat to be p�id.l,aider slWl not be required to p�y Borrower tny int�rat or earninga un�he Fund�.
<br /> _ Borrower+M L�ender�wy a£ra in writinA. hoWevet, that iutereat slWl be ntid on the Funds.i enAer:h�ll oiy� rn Rn���
<br /> • _ widaut ehar�e, an aonual acccountinj of the Funds, showiag credita �nd deblts to the Funds nnd the purpo�e for a�ich dch
<br /> debit to tLe Fuads Mas made.The Fwdt are pledged as�dditional securiry for all aums Kxured by this Securiry Insuumea. �
<br /> If the Fund�held by I.eader eaaed tLe�mounts pecmittad to be held by Appikable IRw,I�der�ball account w Borcower
<br /> for the exoe�s�und�in�ceo�dance with the requlremdus of�pplicable law. If the�mount of�he Fw�ds lteld by Leoder u aay
<br /> time is aoC.sUf�icieat W pay tbe Facr�ow Items when due.I.�ndet mty so notify Horrower in writinj,and.in wc�c.aie Homower
<br /> �h�il pay w L,a�der the.arnouot ooctss�ry to mwke up the deficirncy. Borrowa sh�il mdcc up the deficiGacy in no more thm
<br /> twelve moothly paya�ta,�t L�rnder't wle diuretion.
<br /> UQoa paymdu in fi�ll ot ul sum� securod by Wi� Savrity Instrunmt, Lender sbdl promptly nfund to Borrc�wer any '�
<br /> Puod�beld by L,ender. If,under pu7�giph 21,I.er�der sh�fl�cquire or aell the Property, Lendet, prior w the acquisition or�le
<br /> of tLe Piopaty.�h�ll�pply�uy Fund�beld by l.er�der u the time of acquisition or sale as�a credit agaiatt the suux�ecwed by
<br /> thi�Se�cudtr Imtrumeat. ,
<br /> 3.A�fw d�r�erb.Udess�pplicable law provida otherwi�e.�Il paymeats r+ebrived by l.ender uoder par�rapht
<br /> 1 �od 2�uJ)be applied: fir�t, to�ny preptymeat charga due w�der tt�e Note; sera�d,to amou�q payA�le under qryr�ph 2:.
<br /> Wird.w intaat dne:[ouzth.w prtncip�l due:iod l�st,co any late chu�es due unckr the Nae, ,
<br /> 4.Cl���es;IJas. Bortow�er,'aiull p��11 tua. ns�uo�ents, charsa, fwes�nd impaaitbds utribut�bk to the Property
<br /> Mhic6 m�y`attain Prioriry over th3a Saudty Inurwuent� aod kau�wld paymenta or�rounil nnp� if omy. HotTVw�a slWl py
<br /> t6eee obliptioot ln the�a!!�me�Prm'ided in pua�raph 2,or if not paid in that mmner�Borrowa s1Wl pty them oa pme dit�ec�ly
<br /> w the perwn owed p�y�imt. Borrowa stWl promptly fumiah co L,ender�ll naioa of�umounu w be p�id uada thL p�rsph.
<br /> If Barowa mdw t6ae p�ymeaa dirasly.Aorrower ahtll PromalY fumi�h w L,ender reaipp evidencias�M phrma►ts. .
<br /> Borrower�4a1!Pr�mpdY diuhar�e any lien which b�prioriry over t6ia Securiry In:truKattat unl�as Horrower: (�)aEras in
<br /> w�itiog to the p4yma�t of tLe obli�uioo aecurod by tbe lien ia a m�aaer�t�bk to 1.rnde.-r,(b)con�teaa in good fiith the liea
<br /> by, or defeods aEaiatt eaforcement of tl�e lien in, legal prooeedin�,s which in tbe L,en�u't opinioa operate to pnevent the
<br /> eafoncanait af the liea; or(c)�ecunp 6eum the holder of the liea�n�greement satisfactory to L.eader wbordin�tin�tae liea w
<br /> thi�Security Iastiumeut. if Lrender dqa�miaes that wy put of the Fropecty is aubJxt to a lita w6ich m�y utaia prior�iry over
<br /> thi�Sea►rity Inttrumau. Leader may�Ive Borrower a naice ideatitying the lieo.Bormrver �lull suisfy the lien or t�lot aoe a
<br /> morc ot the actjons�et fotth above wit6ln 10 d�ya of the�ivit�of notice.
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