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<br /> QR- i�.0605
<br /> TOOETHER WITH �II the i�ti�provemenu now or heraftec eracted on the pmperty.and all�sl�xnts,�ppurtenuicGa, an�i
<br /> f�xturea now or hereatter • p�rt of the property. wll replsoement� uid �ddiHons shall �Iso be covered by thi� Sscuriry
<br /> ItutrumdM. All of the torc�oin�Ix referred to in thie Saurity In�trument ee the"Property."
<br /> BORROWER COVBNANTS that Bc�rrawor{e lawfully sei�ed af Ihe e�state hercby conveyed and has the right to g�wnt ar►d
<br /> convey ihe prc�perty aM thu the Property is un�encumbered,except for rncumbrances of rarorci. Borcower warran�e ud will
<br /> defend Qa�enlly ihe title to the Property+y�aimt all clalm� u►d dem�nds,eubject to�ny encumbrances of rccorcl.
<br /> • THIS 58CURITY INS7'RUMENT combi�uniform coven�nts for national ux ar�d non•uniform coverwnts with limited
<br /> vuiuioro by juriidiction ta conuitute�uniforn►�ecurity irutrume►W ooverin� m! propeny.
<br /> UNIRORM C'6VENANTS.Aarrower�nd Lendercove�unt ud Rgra ex tollows:
<br /> l.Payment of Princi�wl Mnd Inlereit; Pre�wy�a�ui and Late Cdar�es. Bon�wcr shall promptly pay when due the
<br /> principl of md iMer+eat on the debt evidenced by the Nae md any prep�yment�nd�rte char�a due under the Note.
<br /> 2.Fund�[ar'tszes wd L�eurance. Su6ject to�pplic�ble I�w or to a written waiver by Lender, Borrower shall pRy ta
<br /> Lender on the day monthly pnymenta aro due under the No1e,untii�he Nae ja p�id in full,a sum("Funda")for:(a)yearly wces
<br /> rnd�sapcmeMa which may�ttain priority over thia Saurity[nstrument aa a lirn on tha Property; (b)yeuly leasehold pnyments
<br /> or�rouad�on the Property.if any;(c)Yeul y hazud ar property inaurana pnhniuma;(d)Yeuly flood inauauxx pnemiwns,
<br /> if�ny:(e) yariy mort�age insuruxe premiums. if any;gnd(t) any surtu pay+bie by Horrower to Lender,in�ocordana with
<br /> tl�e pr+orhiam of p�ragnph 8. in liw of the payment of mortgsge insuru�ce premiurtir. These itema are c�lled "Eecrow Iteam."
<br /> Leader may,at any time, oollect and Inld Funds i.n�n amount no� to exceed the maximum amouat a lader for� federwlly
<br /> rolated mort�e lan may rcquire for Bornowa'�escrow eccw�M under the feder�l Rdl L�st�1e Settlement Procedwes Act of
<br /> 1974 as untnded trom time to time, l2 U.S.C. Section 2601 et srq. ("RESPA"),unless andher law that�Qplies W the Funds
<br /> �tr a k�cr arwunt. If so, Letda msy, �t any time,mllect srd hold Fund�in�n�mount not to exceed the tetur amount.
<br /> L.ader nwy atim�te the arnount of Funls due on the bssia of curnent data md raeonable atim�tes af expendituree of flm►ro
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<br /> F.�crow henr or dherwise in acoonbuxe with applicabk law. . .
<br /> '�e Purds �hdl be held in an institudon wtiae deposib u+e ineured by � fedaal agenry. lnstruma�tality, or aatitY
<br /> (includin� l.rnder,if Lender is such ary inatitutian)or in any Feder�l Home Lan Buik. I.ender shall apply tbe Fu�w p�y We
<br /> �crow hern.Leader auy not char�e Borrower for holdinQ u�d�pplyin�tha Funds�umually�nalyzing the escrc�w�coow�t�or
<br /> verifyin{tl�e F.acrow Itara,unlest L.ader paya Borrower intereat on the Fur�ds ard�pplicable law permlts Lender w rtnke wch
<br /> a cbsr�.How�eva. Lender may requi�e Borrowa to p�y a one-time ck�r�c tar an indeprndent rral estate wc rop��tin��avico
<br /> uned by L,�ader in oo�r�ecrion with Uua Iwn, urtlea�applicabk law provides other�wi�e. Unleu m ��eemeot b mde or
<br /> �pplic�6le l�a rcquire�intetest to be p�id.Lerider st�dl not be requjred to p�y Borroaer a►y ieteraft or auni�a on 1he Fwid�.
<br /> Bom�w�a aod l.ader may y�ra in wridn��however�d�st I�ereu sha�l be pid oa tbe Furd�. I.ender�lull jive w Borcowax,
<br /> w�itho�M dtar{e. an ana►al�ccownia�of the Funds. �howini credita wd�e6its to the Fuads�nd the pu�po�a hx�v6id�e�h
<br /> debit ta tbe Fund�Ma�m�de. The Fwds ue plodqed�dditicxW iecurity for dl wm�aecurod by thu Soc�rity lrutrnmeot.
<br /> If die Prnd�held by Leoder exoeed the i�e�ioun�s permiaed ro be heid'vy�ppliwoie irw.i.o��►__`_ '�.�L� • .....« -
<br /> lor dfe c;..--�Fmds in aaa�da�oe with tbe r��irc�nauw ef applic�ble law. If the amount of the Fuuds bald by I�aode��t'�y'
<br /> dma L ae atRciaK oo py a�e'Fscro�Icean wha�dre,I.eoder miy�o nocify Borrow�r.r.ia rrrtda�..od.ln w�cYe Saro�ret
<br /> �11'pry to L�nk+r die dnount rieoeswry tn m�ke up the de,ficieocy. 8or�+ower �hall�itdhiie up tbe deliciancy in ao mo��W�n
<br /> t�rdve eaothly prymeeu.�t Irender's wk diecredon. �'
<br /> �PrY� in fuU of all wm� sxural by �his Savriry Irat�uroeat� i.eoder �II pmo�ptly.�x�ehad to Barc�+m!'
<br /> Prods leld by ti�eoder.It.under p�rqc�ph 21. [,eada sh+dl acquire or�dl th Propaty,I,ender. P�iot to t6e�oquidtian or ale
<br /> ot the hoperty.�11�PP�y�uY Fwds hdd by l.rnder at the dme of aoquiaitbn or�ale'es a aedit qumt tbe anb weaned by ,
<br /> eAi�3wrlty Ititraioeet. •� �
<br /> 3.Ap�afM.ar r,qmd..uWee�npplic�e�e brv pro+riaa odxr.vi.e.dl prymena teatvaa ey Y.aeder mdtr p.r.�
<br /> 1 aod 1�11 be�pplfed: flrst.w an3'P��Y��due uadcr the Nael secood.b�mounb p�y�bk unde�r p�ni{np6 Z:
<br /> . ,ihit+a�a is�ac eae:ib�ud►,w princtpal aue;.na la�t,w.ay l,we ct�e.aa w�de�ehe Nae. : .
<br /> I,ei��;[.re... eo„�oMer a1W�py dl wca,.s,a.�cnats, d�er�es�fines.na�ir�po�idrnu�.tpieuuble co!b'e'rroperty
<br /> �hich nry�paia priority ova this Soaurity Imaiumat. �ad la�diold pa�rm�ts or�ouad rcutc. i���ay�� �r
<br /> Ibees abliptioa�in.the m�tu�provided in pv�i,grapb 2. a if not paid in:tli�u m�ana. Borco�rer tlnl��riY
<br /> �o tbe pason vw�ed�ymeat. Horrowa:hall p�t�olnptly hunith w Lenda�at�.;'Jatioe+of amouab to Ae qxii�under Wi�p��t�ph.
<br /> It Boxio�v�er m�l�os H�e py�aqnts ditaxly,Bo�«�n.���o�r r�,�.oo t.a�aa�eo�pu���e p.yn�w• .
<br /> �eonvwar�ufl prompdy dtsa�.r�e any��wb;ch ha.pr�orky ovu�s securiry inarumenc mdcs�Honow�ar:(s)ap�,e.m
<br /> wrhin�� the p .yrtioal of the oblisation seeured by tbe lim in a m�noer�oc�ap�ble to L�arkr;(b)ooa0e�t+in:ood t��he lim
<br /> by, adeteods q�i?mt euforomwx of the liui in. le�at P'ooeedlnp whicA ia tl�e I.mder't opida��,oper+Me t�p�avait Ihs
<br /> � eatoer�etM ot f�e''liai: or(c)eecura fmm the Mlda ot 1he liea an�retzuait suiafaaory u�L.e�det�ubonii�the lien o0
<br /> thit Saurity Imtnm�a►t. If Lander deunnine� th�t �ay part of the PcopMy n aubja�to e lien which mry athin,priority owar
<br /> jhia Sauriry Inswmait, t.ernkr rnay give Borrower�notia idenatyir�the lien.Borrclwer ah�ll a�ti�t�die lien or;pdoe one or �
<br /> rtq�+es ot the actions ad fcxth above within 10 day:of the �iving of notia. ' '
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