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<br /> �"�---��i� • � TOQETHEFi WITH �8 th� Improvemmte now or hereaher arected on tha propeiiy, tnd aB eaaements, �ppurtenance�.md
<br />--=:.:, Mxtune now or h�r�aRsr a part ot the propNty. Ail rsplacements and additlona sh�A�lao be covered by this Securtty Inatrument.
<br /> �r•_tt�'! All o}the for�qolnp Is rMsrt�d to In this Securky Instniment�e the 'Property.'
<br /> .'.:i Ei0RR0YVER COVENANT9 that BorrawK�a I�wfuHy nd:�d o} the aat�te hmeby conveyed end h�a the dght to grnnt and
<br /> convey ihe Property end th�t the Property b unenaumberod, except lor encumbnncea af record. 8ortower waR�nts and wiN �L_
<br /> '°'�•`�*', dNend p�nsr�Ny th�tlll�to th�Propsrty�pdnst�N ci�Nns �nd demande, subJeat to�ny encumbnnces o1 record,
<br />,,,,,,,,;,�,,5 THI9 9ECURITY IN9IAUMENT aombines unMorm coven�nta for nation�l uae end non•unRorm covenante w8h Ilmfted --
<br />--`=-�`�� v�deUone by Jurledictlon to comtNute� unHomi aecurlty N�atrument coverin� red property.
<br />:-� "� ''�� UNIFORM CAVENANT8, BoROwe►md lender covenent�nd�pree te followe: --
<br /> ,�;'='�� `� 1. P�ym�nt of Prineipd �nd Int�r�K; Pnp�ymmt �nd L�t� Ch�rp�s. Borrower ahall promptry pay wheq„�
<br /> - , due ths principal o}�nd intersst on the debt evidenced by the Note and�ny prep�yment md late charpea due under the Nole. �� —
<br /> � 2. Funds for Tax�s �nd In�urana�.Sub�ect to appilcable law or ta a written waHer by Landet, Borrowe►ahall payy �
<br /> "�—'� to Lsndu on th� eMy monthly paym�nta are due under the Nol�, untll the Nots Is pald In iuil, a sum ('Funda') tor. (�) yurty�
<br /> �,,,,,,�,�� t�x�n and asseaamants whlah m+iy �tt�M pdority over this Security Inatrument �s a Ilen on the PropMy; (b) ye�rty IeRaeholdr.
<br /> r-:_:;���:j payments or yround rente on tha Propaty, R any; (e) ye�ty haza►d or propaty Inaurance premluma; (d) yeariy 11ood Insunnc� —
<br /> - prertdums,N�ny; (s) ye��lyr moRy�ye insurence premlume, fl any;and (f)any euma payable by Borrower to Lender In accordmcq�
<br /> ��^t•,,� wHh the provlalona ot panpnph B, in Ileu of the payment of morty�ge inauranae premiums. Theae kema �re caNed'Escrow�
<br /> ' Iteme.' Lender rr►�y, at any time, coNeot md hold Funds In �n nmount not to exceed the meximum amount a le�nder lor �
<br /> `�'�''."��'� federaky rel�ted mortp�ps loan r►�y requlre tor Bo►rower's escrow account under the fedenl Reei Eetate 3erilement Proceduro
<br /> '""='�?�,��� Act ot 1874�s�mended from time to tkne, 12 U.9.C. �2801 et eeq. ('REBPA"), unlese another law that appNes to the Funda
<br /> .:,�,��� sel� � I�aser�mount. If so, L�nder m�y, at any tims, ca4sct and hold Funda In an amount not to exceed the leaser amount
<br /> — L�nd�r m�y estknate ths amount of Funds dus on ths baeia of cunent data and reason�ble eatlmatea of expendtturea of future
<br />--°=,�.;� Eeuow it�ma or othuwlse in�ccord�nc�wRh appNcrble law.
<br /> - ._^�� The Funds shall be hdd In an InetltuUon whoae deposfts are Insured by a tedernl agency.Instrumentaliry, or entky pncluding
<br /> ��-�.�. Lender, If Lendar Is auch �n inatftutton) or in eny Federal Home Loan Bank. Lender ahetl epply the Funda to pay the Eauow
<br /> ==° Item�. Lender may not ch�rqe Borrower tor holdinp snd applytnp the Funda,annuaNy enelyrtMg the escrow account, w verfylnq
<br /> _._ "� the Escrow Itema, unMss Lenda pays Bortower intereat on the Funds and �ppNc�ble kw permks Lendor to mnke auch �
<br /> __:��� charq�. Howwer, Lend�► rnay requke 6orrower to pay a one-tlme charqe for an Indspendent real estate tax repo►Unq aavice
<br /> us�d by L�nd�r In conn�ctlon wfth thls lan, unlesa appNcabN kw provida otherwla�. Unless an �preement is mad� ar
<br /> � appMc�ble Mw rsqulns int�rest to 6s pald, Lender ah�ll not bs nquksd to pay 8arowa any int�xeat or e�minps on ths Funda.
<br />- `�� Bortowsr and Lender rtMy�gres In wrkinq, however, that intereet shaA be pdd on the Funda. Lender ah�A gNe ta Bortower,
<br /> — without charp�, �n annual accounttny of th�Funde, ahowiny credits�nd debite to the Funda and the purpose for whlah�aah
<br />:<<�.� debh to the Funda wre mede. The Funds ue pledQed as additMn�l aecurity tor�M suma sxured by the 8ecurity Inatrument
<br /> I}ths Funds held by Lsnder exceed the�mounta perrnitted to ba hetd by appllcabie law, Lender aha8 account to Bortower
<br /> -���� for the excsss Funds in accordmce wkh the requkements of rppNcabie kw. If the amount of the Funda held by Lender at any
<br /> tim� Is not sufQcient to p�y the Escrow Items when due, Lender may ao noWy Borrower in w►iting, and, in such case Bortower
<br /> """�'•��f� shaN p�y to LenAsr the amount neceaeary to mr.ke up the detldenay. Bortower ehall meke up the delldenoy In no more than
<br /> _ — tweMs manthy paymanis,at Lender's sob dlscretlon.
<br /> Upon paym�►t In fuq o}�11 suma secured by thla Security Inawmant, Lender ahaN promptly relund to Bortowa �ny Fund�
<br /> "— held by Lender. It, under paragnph 21, Lender sh�H�cquke or neY the Property, Lender, prior to the acqulaldon or sde o1 the
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