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<br /> TO(iBTHER WITH dl the Improvemenu now or heresfter erected on the propeny,and�ll cx�ements s�rTena'n�d,"�nd
<br /> fuctwa aow or iKreatta � put ot the prapeRy. Al1 repl�cemenq u�d +KWition� ihdl elso be covered by thi� Sccudry
<br /> Iwtrument.All af tbe foro�oia�I�titCR'Od l0 IR lllli S�CUfIty I1111Nt112RI ilf(f10'Pmpeny."
<br /> HORROWPR COVENANTS th�t Borrawer i�IawNlly�ei�od of the est�te hercby conveyod and hou iht ,iQht to gnnt u►d
<br /> oonvry the P�aperty uxt th�t �he Pcoperty i�ur.encumbered, except for encumbrmcec of record. Qorrower wurant� ux! will
<br /> defend�eneral�y[Ms tide►o the prope�ty r��inu dl cldm�nd denw�,subject to tny encumbru►ces of record,
<br /> TH1S 56CURITY INSTRUMENT combina un![�rm coven�nta for nuion�l use�nd non•unifarm coven�nts with Iimftad
<br /> vuiuloni by juri�dictjaa ro c�onWitute a unffo:m�ecurity inttruma�t ooverinR re�l property.
<br /> UNIFORM COVGNAN?S.Barrower+�cid I.eMer covenun�nd a�roe a�follow�:
<br /> 1. p��,q�p�t af M�CipN wd lstee�at; Prepymeet �ad I.�te Ci�r�a. Bonowcr thdl prumptly pay whcn dut; thc
<br /> pancip�l of�nd Fnterat on the debt evfdenoed by the Note and�nY Prep�yment uM lue chu�et due wder the Noce.
<br /> 2. Fued�tor Taxd�nd lwunsce. SubJxt to applicable law or to �written waiver by Lender, Bnrrower�hall pay to
<br /> l,cxier on the day m�nthlY paYmena ue due w�der the Nae,undl the Note i�pzid in full.a�um("Funds")for(a)Yeuly uuea
<br /> u�d iu�dsmenu which rruy s►ttain pdority over thi�Socuriry Instruman as a lirn on the Prqxny;(b)yearly le�sehold p�ymrnts
<br /> or��nund rents on t6e Property�if�ny� (c)Yeuly h�zud or property inwru�ce premium��(d)Y�rly tiood fnsuru�cs pnmiums,
<br /> if any; (e)YearfY uanW�e i�uru�oe premiums, if ury;�nd(fl anY wrtu puY�bie by Borrower to Lxnder, in sccordance with
<br /> the provi:loas af pux�nph 8. in lieu of tbe payma►t of mort��e inwrana premiuw.'Ihese item�uc called"Escrow ltenu."
<br /> Lp�der m�y, u any time,collea and lwld Fund; in an unount not to eaceod the m�ximum �mount � lender!or a feder�lly
<br /> rolated monsage low mry require for Bortower's acrow aocaunt w�der the federal Real Eatate Settlemeut Prooedura Act of
<br /> 1974 as�madod from tlme to time, l2 U.S.C. Section 2601 d seq.('RESPA'),ualas another I�w that rpplia to the Funda
<br /> �ets a le�ar amc�unt. If a� l.e�qa may. u �ny time. wlle�ct �md hold Fund� ln m �mount not to exceed the Iwser �erouat.
<br /> La�der may mtimate the unount of Funds due on tbe b�sis of cure�en►data uW tea�on�ble eatimatu ef expendihua o(future
<br /> F.tcrow Item�or o�henvi�e in a000�d+mce Mith�ppliable law.
<br /> The Ftitds sb�ll be held in �m imdtutlon whose deposiu are iasural by a federal a�x.y, in�tivmeatdiry, or entity
<br /> (i�ludia�I.ader,if L.ender is wrh m inuttudon)or in my Federal Home Lo�a Bank.Laxkr shall�pply the FuMs to pay the
<br /> S�cmw toem�.Lradet mry na c6ar�e Bamwa for holdin�and applyfai the Funda� �nmWly�oalyziaj tUe aaow ao�oouat�or
<br /> verityring the FacroM Items.unlesa l.a�der prys Bocmwa i�terat on tbe Fundi and applicable law pernziq l.eader to m�c�e axh
<br /> a c6arse. HoMewer�L,endet may requine Bamowa w p�y a one-tune cha�e tor aa indepeadent real aqte�u r�poetinj�avioe
<br /> u�ed by Leader in oonuectioa with this lwn. unkss �pplic�ble laM provida oU�erwite. Unlas �n �reenmt it made or
<br /> q�pllicaAk lriw requira interat to be paid�Lender sdsill not be requusd to p�y Borrower any interest or euniap ae t6e Ptmd�.
<br /> Borrower md Gader u�y a�ree in writit►�. bowever. thu intaat �lull be ptid on the Fuads. l.ader s1W1 �ive►o Bocro�nar�
<br /> widaut chu=e. �n�nnwl �in�of the Fw�d�� sbmvjns craiits md debits to du Fuads u�d t6e purpoa for whicb ac6
<br /> dabit W tbe Funds wai m�de. TTbee Funds u�c plalgod as�ddlHoa�l secvrity for�ll wnn iaured by thu Sa.huicy In�uummt•
<br /> It the F�md�held by L,ender exceod the unouau pamitted to be beld by�ppli�cabie laa. i.eo�er mwii�caami w'nonorver
<br /> for ie caoew Funds in�000rri�ooe with the requireareau o[�pplicable law. If tbe amouat of the Fuads hdd by l.axler�t�ny
<br /> tise ia�not w!'fleieat w pty t6e E�ctarv ltem�wtua dne,ilnder tnay a notify Bocrower in writln�.�od. in sutb cae Hon�a
<br /> ih�il'Wj�w Ir..,da the unount neor�ary w m�k�e up t6e de�icieflc.y.Borrowa shall md�e up tde deflcimry in m more thau
<br /> � ewdve monthly p�ymtnu�at I.eader's sole dl�cretioa. .
<br /> Upon payment �ln full ot�Il wm��ecuied by dw Sea�rity Inpruma�t, l.eader�haU prompdy re[und w Borrowet aay
<br /> Fundt bdd by L,eader. lf�undcr ParaQrapL 21,I.eader�6�11 acquiie or�ell the Propaty.I.eotier.Prior w the�oquititian or We �
<br /> o[Ihe P�operty. �h�ll app�Y aaY Fuod�6ald by I.eader�t tbe time of�cquisition a ale aa t caedit�aiaat tbe wm�saured by .
<br /> tbit 3xuriry In�teument.
<br /> 3.Apptic�tlo�o[hy�eab.Unlas�pplicabk law provida otber�vi�e��ll paymeats rxdved by L,ender aoder p�qn�
<br /> 1 aod 2�hall be applied:Mt.W mY P►�WY��TL�due mid�r ibe Note� �eoond.Oo a�m��wide�P�ra��apr 2�
<br /> thLd,w intere�t dne:fauth.to ptincip�l due:md l�t.w my We dur�a due under the Note.
<br /> 4.CW�si I.iea�.Borrower�ha11 pay all wcat.wea�ments.char�a.fina�od impositioos�ttributabk to the Pt�opetty
<br /> w�hi� mar attain p�cior+ty o,�er c6i,securi�y uuwmaac, aoa le,n�Lold p.ywents or�rCUOa reaa. ir,ay. Ban�ower�h.0 p�r
<br /> t'�ae obliptio�s ioo tbe m�oner provided ia pu�r�ph 2,or if no:paid in tb�t mamer.Hocrower�U pay tbem an dme diiectly
<br /> ; oo the pestoa ow'ed�paymeat.Hornrwer th�ll promptly furnish w L.eader alt naioa of�mamu�to be p�id uader d�b pryn4h- '.: �.
<br /> If Hormwer malcei thae paymmts ditoctly��rr,ower sh�U promptly furaliif to L,arfer reaipt�evidencing tbe paymean• ,, .
<br /> 8orrow�a�h�ll P�Y�fe�ny lim whlcb has priority aver this 5earity imtmmeat uakss Bor�+�wer:(a)�r�ee�io'.; ;
<br /> w�rltia�,to the paymeat ot the obli��tion iecurod by th4 liea�n�marmer ioceptable to Lea�kr;N)aontb�b in jood fdth tlre lien,
<br /> by, a detad� �inst entocsemmt of the liea ja, lepl proceedi� �vh+ch ia tt�e I.arkr's opinioa oper�te to ptevent tbe ,
<br /> eafoc�oemeat of t6e.lier;or(c)xcures from the hbldcr of the liai�n�COanait uti�f�aory w L,eader su�tbe lieu w . . ;
<br /> this Securiry ituuutnent. If I.eoder detertnina that any part a(ttx PropertY it wbject to a liea w6ieh��Y �P��h'� •.
<br /> thi�Securiry Luuumeat,[.ende�ncny gtve Bomower s aaioe identifying the liea. Borrower aball utisfy the liea a take ooe a
<br /> . moro of the actioro sd ficth above wiWin l0 daya of il�e givin�of notice.
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