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<br /> 'fOCiFTN�R W1TN�U the Improvements rx�w or hereaRer erected on the prc�Fxny, urd all eas�nxnts,appurtenances, and
<br /> fixwrcR �x�w or hereafter o pori t�f the pmperty. All repircements and �dditions chall also be coverod by t6is Security
<br /> lrutrument. All��f the fore�nin�is referraf to in thfs Sccuri�y Inxtrunxnt aK the "Pro�xrty."
<br /> BORROW�R CUV�'NANT5 that W.►rr��wtr iK law(blly hetseci of Ihe cs�utc hcrcby c��m�eyal un:i has thc right tci grant and
<br /> amvey tlie Pn�erty w�xi thwt the I'mpeny is uner►cumt�rrod, ezcept for encumbrances nf rerorcl. ti�rrower w�rr�n�a wnd wlll
<br /> defend�enenily the tiUe t��ihe Pcnperty�g�inst dl cluims uxi demands,subJect to nny encumbrrnccs of ra;ord.
<br /> TNIS SECURITY INSTRl3MENT combine9 uniform covenan�s far nado�nal u�e enci non•uniform cavenan�s wi�h limitod
<br /> vari�tiuiu by Jurirdl�Kion ta canatiwte�uniform�ecuriry in�trument rnve�ing rexl propeny,
<br /> UNIFORM CUVNNANTS.Bormwar rrni Lcnder covensnt ar►d agree es fnllnwn:
<br /> 1. i'aynknt ot IMnetp�i ��+d Interwt; Prrpyment �mi l.ale Ch�rrw+. Burniwer tii��ll pruiupiy {u►y whcn Juc tlw
<br /> principd of�nd imerea�n the:debt eviderxed by�he Note u�d any prcpayment axl I�te chu{eaz due under the Note.
<br /> 2,EurwM�ar Tua and Ineursnce. Subject m oppllcYble law or to w w►itten waiver by l.ender,Borrawer shall pry to
<br /> l,ende�on the day mamhly p�yments�re due under the Nde, until the Note is pRid in full.�sum("Furxis")far:(r)yarly taxes
<br /> ud as�aRmenta which may attain prioriry over this Securi�y lnatrument es a lien on the Property;(b)yarly leasehold p�yments
<br /> or�rcwnd�ent�on the Property,if�ny;(c)yarly huu�d or propeny insurance pcemiums; (d) yearly ilood insur�nce prcmiums,
<br /> if u►y;(e) yarly mort�a;e Insurance premiums,if�ny; �nd (�any sums p�yable by Burrower to Lencler, in �ccordance with
<br /> the provisions of{�an�r�h B, in lieu of the pnyment of mo�tgage inaurnna pcemiums.These hen�.s aoe culled "Eacrow Itema."
<br /> L,ender may, �t any time, rnllect wtid hoid Furds in An unount not ta excad the mucimum artaunt�lender for p foderally
<br /> relrted mon��e loan may require for Borrower's acrow�eeount under the federAl Rewl Pstate Setciement Procadures Act of
<br /> 1974 a�amended from time tu tlme, 12 U.S.C. Section 260! er seq, ("RFSPA"), unlas �nother law IhRt�pplies to the Funds
<br /> uti �leiser�utaunt. If so, i.ender may, at u►y time, crollect u�d hold Funds in �n unount noc to exoeed the les�er anaunt.
<br /> l.a�der rt�y atinute the�u►bunt af Funds due on the baais af curnent dMa and reasonable eatimates of experditu�a of future
<br /> Facrow itenu�r otherwise in accord�tke with Applipble I�w.
<br /> The Fwds �hall be held in m instiwtion wFaae depositti are insurcd by a teder�l agency, inst�uma�t�lity, or entiry
<br /> (includin� Lender,if Lender is such An institution)or in any Fod�ml Home Loan Bank.L.end�r shall apply the Funda to p�y the
<br /> Facrow item�.I..en�kr rruy not charge Borrower f�r holdin��rd applying the Furtda,uinwlly iuuilyzing d�e acrow�000unt,or
<br /> vetifying the F.acrow Items,unless I.ender p�ys Borrower intereat on the Funds uKi applic.�ble I�w petmils i,endtr to m�ke such
<br /> �d�ar�e. However. L.rnder may roquire Borrower to pay�an�-time charge for an ir►depeident real e�t�te wc reportin�servia
<br /> wod by Lender in oonnection wilfi tl�is lan, unlas applicable law provides othenvise, Unl�u an �grament ia m�de or
<br /> applicable I�w t+aquir+e�intereat to be pud, L.ender shdl rwt be rcquired to p�y Borrower airy interest or aminga on the Pundc.
<br /> Aorrower and L,erder may�rte in writing, however,th�t interat stWl be paid on the Funda,Lender alu�ll give to Horrower,
<br /> without ctuuge, an�nr�l �000unti��g of the Funds,�owing crodiu and debits to the Fwds ud the purpo�e for which eiach
<br /> debit to the Fwds wa ttLda 'l1�e Funds arc pledged n additiorul savrity for all sums socurod by this Secudry In�tnuaait.
<br /> If the l�w�da held by l.ader eaceed the�mounb permittod to be held by applicaMe lar, La�der slyil w000uet to yortower
<br /> tar the exce�Fwids in aocordanoe with the roquiremrnts of applicable law.if tho amount of the Funds hdd by L�ader at any
<br /> tLne it not wfficient to p�y the Escrow Itertu when due, lu�der may so notify Horrower in rvritinQ,�nd�in su�c�re 6oRawu
<br /> �11 p�y eo I.ender the anaun�noass�ry to m�lce up the deficiency. Horrower shall make up the deficiency in no moce tmn
<br /> twelve ma�thly p�ymarta,�t I.rnder's sole discretion,
<br /> Upcm pyma�t in full of dl sums secured by this Secudty lnstn�ment. Lender ehall P�P�Y �� � �='O� �0Y
<br /> Pm�dt bdd by L,ader.If, under pusgraph 21, Lenda slull soquire or sell the Propaty, Lender,priot W the acquititloa or We
<br /> of thC Propaty, ah�11�Qply�ny Funds held by Lender at�he time of aoquieidon or s�le as�cradit�K the wa��eaued by
<br /> this Savrity InstrumeM.
<br /> 3.Appikstlon o[Paynw�ts.Unless applic�ble law provides otherwix,all paymnta receivad by I.erda aida p�n�*�plu
<br /> 1 ac�d 2�hall be applfed: first,to anY P�Y�t cturges due under the Notc: seou�d,to unoums pay�ble under p�n�roph 2;
<br /> third.a intaest due:fouM,to PrinciPal due:and lau.co my l�ue chvges due under t6e Naoe.
<br /> . 4.Cb�rts;I.krs. Borrower shdl py all taxa, ss�msma�te.d�eges, fina ud icnpositions athibut�ble to the Propetty
<br /> which m�y �in priority over this 5ocvrity In�truma�t,ud IauKhold pyments or�roud mMa. if�oy. Borrower�Il py
<br /> tM�e obll�ations in the a�ru�er provided in p�ragraph 2,rx if not paid in►.hot mmnu,Bo�.a d�.0 wr�,o�a�a�r
<br /> w the peraon owed pyman. 84!rrowa etWl Promptly furnish to L.e+der sll notioa of unounta a be paid under thia p�rKnph.
<br /> If Horrower m�lces theae payments dircctly,Borrowu shall prompdy fumish to t.erdu recapta evida�cin�the payma�ts.
<br /> Hocrower shnll promptly diacharge any lien which tw priority ovor this Security Inatruman unit�s Borrowa: (�)yrees fn
<br /> ' writing to the pny+nenc of the obligation savrad by the lien in n mannet ncceptable to Lender; (b)cc�teals in gaod f�ith the lien
<br /> by. or defrnds �ainsc aefor+ce�nent of the lien in, leg�l proceedings which in the Lezder's opq�►ioA opernte to provmt the
<br /> d�faiamenc of the lien; or(c)secuRS from the hotder of the lien an agreamnt satisf�ctory to Lesder aubo�din�tlns tbe�ie�to
<br /> thir Srcurity(nstrumait. If i.ender determines that my part of the Propetty i�subject tb�lien which may�ttain priority over
<br /> this Security Instrument, Lender may give Bormwer a naioe identifying the lisn. Borruwa slWl sa�tisty the lien or telce one or
<br /> . more of the utions set farth above within l0 days of the giving of notice.
<br /> " Pam�oZ/ 9A0
<br /> Pp�t of 6
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