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<br /> TOCiETHER W�TH�11 the im�rovemrnt�now or horea6er erectod on the propeny, nnd dl euements,�ppurtonence:,
<br /> tixture� naw or hereafler a put of the pro{xny. All rcpl�cemrnts �nd �ddiUon� shdl alw be covered by �hiA Securiry
<br /> Initrument, All of the fore�oin�is mfen�od to in this Security Inatrument as the "Propeny.'
<br /> BORROWER COVBNANTS th�t Borrowar is l�wtully selud of the estate hereby canveyecf and has the rfght to grAnt and
<br /> convey the Property und that the Property ie unencumbered, except tor encumbr�nces of rx�rd. Borrower w�tran�s and wlll
<br /> defend gener�lly the title to the Property�galn�t dl cl�imi�nd dem�ndi,�ubJect to any encumbr�nce�of record.
<br /> THIS SHCURITY INSTRUMBNT combines uniform covenmts for natlond use and non•uniform coven�nta with fimited
<br /> vuiatione by juriadiction to conatftu�e a uniform security instrument coveriug real propeny,
<br /> UN�FORM COVENANT5,Borrower u�d Lender wven�nt and agree ae followa:
<br /> 1. P�ymeat oP Principwl aid Iutare�t; Prepoyment Qad I.�te Clwr�es� [ber�wer sha11 promptly pay whcn duc thc
<br /> princip�l of�nd interest on the debt evidrnced by the Note�nd u►y prep�ymrnt and I�te chuge�due under the Note.
<br /> 2. Fl�nde for Tiucee�ad Insurwnce. SubJect to applicable l�w or to �written waiver by L.ender, Barrower�hall pay to
<br /> L.ender on the day monthly paymenu an due under the Note,until the Note i�paid in full,�sum('Fundi')for: (a)yeuly aucea
<br /> u�d�saesaments which may attdn pdority over thfa Security Inttninxnt u a lien on the Proptrty; (b)yeuly leasehold p�►yments
<br /> or ground rents on tht Yropeny,if my;(c)yearly hAZaM or propeny insurnnce premiucny;(d)yearly flood insurance premiums,
<br /> if any; (e)yearly mortgaIIe insurAnce premiuc►u�,if any;and(� any sums pryable by Aorrawer to l.ender, in accnrdana with
<br /> the provisions of puagr�ph 8, in Iieu of the p�yment of mortg�ge insurance premiums. These items are callod "Eacrow Items,"
<br /> l..ender m�y, xt any time, collect and hold Funds in an unount rac to excad the maximum unount� lender for a federally
<br /> relued mortgaga lo�n may rrquirc for Borrower'a escrow nceount under the foderal Real Estate Settlement Procedures Act of
<br /> 1974 u arr�nded irom time to time, 12 U.�.C.Soction 2601 et atq. ("RESPA"),unless enother Iaw that applies to the Funds
<br /> aeta a leaaer u�aunt. If so, Lender may, at my time, collect uxf hold Funds in�n amount not to eacad the leater Amount.
<br /> Lender may estimue the amowt of Funda due on 1hc buis of cumnt data And reasonablc estimues of eapenditurea of future
<br /> Eserow Items or otherwise in accordena with applicable law.
<br /> The Funds sh�ll be held in m inatitution whoae deposits ue insurod by A feder�l agency, instrumentality, or entity
<br /> (including I..ender,if Lender is such an Institution)or in any Foderal Home Loan Bank. Lender sh�ll apply the Funds to pay the
<br /> :EscFow Itema.Lendar may not charge Borrower for holding and applying the Funds,aanwliy u�alyzing the escrow aceount,or
<br /> vo:rlfying the Fscrow Itertu;un#ess i.ender pays Borrower interest on the Funds and appliuble law permtts l.,end�e•r to meke such
<br /> a eharge. However,L.enda may requin Borrower to pay a one-time qharge for an indtpeudent real�estato tax reporting service
<br /> used by l.en�ier 9n connection with this loan, unlas applicable la�v provides otherwiae. llnless:an agmment is made or
<br /> applicable ltw requires incerest to be p�id, Lender sh�ll not be required to pay Borrower any intereat or earninga on the Fwida.
<br /> Borrower nnnd 4ender may agree in writing,however, thu int��est shall be pxid on th'e Funds,I.ender shall give to Borrower,
<br /> witbout cd�rge, ai�_azmual accounting of the Fuads, showing cradits and debits to the FLnda�nd the purpoa4 far Whicb e�ch
<br /> , ckbit to thc�unds was made.TI►o Fuud�aro plodged as sdditional security t'or all sur�u aetured by t�ia Seeurity Iastniment.
<br /> , �i me runds heiu by i.�ender excood che amouncs permicied co be hcld'oy appiic:iotc iaw.i.cixir.r aui�It�i,-i;w[tui iv ainiu�ti2i
<br /> for the exceu Fw�da in accord�nce with the requirements of�licable law.[f tLe amouat of the Fund�held by i.ender u�ny
<br /> time i:aot wfficient to pay the Eacrow Items when doe,Lecxler miy so notify Borrower ia writing,�nd,in such cue Borrower
<br /> �hall pay to I.ender ttx amount naaauy to m�lce up the deficienc.y. Borrower chul m�ke up the deficieacy ia no more thm
<br /> twelve moatdly paymenta,u I.ender's�ole discretion.
<br /> Upon paymeat in t�ll of dl wm� secured by thit Sa,urity Inurument, I.a�der shill promptly refwd to Borrower any
<br /> Funds held by L.ender.lf,undec pu�r�ph 21,I.ender thill acquire or ull the Propecty, Lender. prior t�the acqui�ition or�ale
<br /> of tbe Property, stull �pp1y any Funds heid by Lender u the time af�cquisition or sale�a credit��last tbe:unu�ecured by
<br /> Ihit Security Inutuaoent.
<br /> 3.AppMe�tlo�of PrymaNs.Urtleu applic�ble law provida othenviu,all p�ymmu recxived by l.ender w�der p�ra�raphs
<br /> 1 aod 2�6�11 be applied: first,to mY Prepaymrnt charga due under�he Note; :eax�d, to�nwunt�P:Y�ble under parajr�pb 2;
<br /> third,to iaterat due; tourth,to principd due;md I�t,to�ny late chuQes due u9der We Note, s i f;,;,
<br /> �. Ch�r�rs;y.lear. Borrower ahall pay all tua,auessmenu, chuges, fxAa ud imposidon�uuibuable to the Property
<br /> which may �in priority over this Security Luuument, and leaKhold paycaents or ground renb, if my. Borrower�hall paY
<br /> theee ablig�tioas ia the m�nner provided ia pu�mph 2,or if not p�id ia chu m�oner,Borrowa shall p�y them on time dinectly
<br /> co the ptrwn owed paymau. Bomower shall pmmptly furnish to Lender all aotiaa of anaunu to be p�id uader thit pu+�gr�.
<br /> If Bormaer m�kw t1KSe paymenta dlroctly, 9o�rower sh�ll promptly fumish to Lec►der receipts evidencing the payments.
<br /> Horrower�hall promptty diachuge any lien which hu prioriry over thi:5ecurity Instrumeat unless Borcower:(A)agras in
<br /> writiug to We paymeut of the obliguion secured by the lien in a mmner acceptable to:[.ender;@)conteacs in Qood faith d�e liai
<br /> by, or defa�ds against enforameat of the lien in, teg�l pmceedings which in the L,ender's opinion operate to pr�veat the
<br /> eafoc�amwt of tl�e lien;or(c)secures fmm the holder of the lien u�agt+etment suisfactory to L.endar subordinuing the lien to •
<br /> this Security Instniment. If La�der detrnnines that aay part of the Property is subject to� lien which may attaia priority over
<br /> thu Security lr�saumeat, l.ender may giv�Borrowor a notia identifying the lien.Bonower shall sui�fy the liert or take one or
<br /> mon of the actions set focth above within 10 dtys af the giving of notice. �
<br /> FoM,aoss ano
<br /> ��6111NE)u:�z�.o: rp.z a� w�xw.:
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