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<br /> ,: ° � WiTH aIt the improti�eme�ta naw or ere�ed and all eas�n�s.��� �
<br /> �` : . � ar�aeafo�r a g�ut of the p�p�r.AII reptacements and a�s4�all eLso�be coveaeA by tLis Secaiiry Instrument • .
<br /> �5` � ,r �'�. . �1�t$S�g01n$13 R��d ifl�D t�S SCCttIity ILS1t11fIICaiS4 t}!C°ptO�Cdty.° t� ,,
<br /> ` r� ` ��``.��'% SORROYd�t COVENANTS that Borroc�ea is tawfatty seised of the es�ie h�aeby oom►eye�and has the�t io g�an .
<br /> �_�,.� ,.. ..� ��.'.� .
<br /> , . : 1. c�nvay►the RopertS►and dtat the Pcoperty is aaencnm6ered,eseePt far encumbiances of recasd.Boao�rer wffnaats and�i
<br />' '.y �� defead geaeaaIIY d�e titte to thePragerty►ag�st a11 CIaims and dem�t�s,sabjecc w any encaminar'-ces of reco:d.
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<br /> -- '�iiS S�C,IIRFfY II�TSTi2IJN�NT camb'ines unifonn wvenant�for narinnal ase and nan-�ifaim cov�(s with limite�
<br /> .�:._ —:--
<br /> va�n�bY j�sdi�con W cansrisute aamform sec�tY�t covermg real pmpaRy. �; -
<br /> F' , UN�ORM C�VIIVANTS.Saaow�aad Leadeacoveaant and ag�ee as faltaw� whea due the ' ��
<br /> ' � 't��,.��, L Fay�eat of pr�ipal sud Iu��P�ent and Late Charges. Basmwer shall pmmpdY PaY . .� .
<br /> � b the Note and aay g�paym�t aaci tate ct�ges due mWr�the Note. . °
<br /> � , .` �al af aadiatae�ton thedebt evidea�ed y �j - _
<br /> .. . �` 2.Far�s for Taaes atul In�urano� Sabject to agplicabie law or ta a writ�n waiver by t�endea.Bamuwea s�al!pay o�
<br /> ��. ,?.�. �
<br /> . Lendea on the day montffiy paYa►�ts ate due under die Note,anal the Nate is paid in fai1.a smn(°F�for�a?Y�Y��
<br /> ` �� , , and a�whisL may atmin priority►over dris Saauity In4ocame.nt as a lie,a oa dir P[apaty;(b?Y�Y��paY°�� :.-:.:.
<br /> �-`�'; an the ,�any:(�)Ye�9 ba�ard or�OP�cS'insu�aace prem�(�Y�Y fiood i�ance Prem�� ,-,�� ,n.E
<br /> °-. . . , or g�+mm�� � �if an and i�enY sams PaYat�Ie bY Bormwed ro L�nder,in accasdaace w�h the
<br /> ,�� . �.';. ;..F ��o�f pam��h 8,"�'m�'liw of the payment of mostgage insiaaace premiams.�ese iic;ms are catted"�scxow Ite�ms.° '
<br /> ;':.�2. ��I ... , . :.'�..:,��.
<br />: � Le�dea u�ay,at�ny tiaee.co]Ied and 6ald Fimds au�an amount aot w exoeed fhe ma�a�mount a Iendea far a fedeaaBy reiated_ _.
<br /> f,�� ,�.�`�� � , �lnan may c�qatre for Barmwda esr,mw aocu�tt ander the fed�al R�1 F.srate Setde�Ptoced�res AcF of 1974 as �..� ,
<br /> , . . . A imless another taw tttatappties to t�Fmtds sets a lesses ,
<br /> � am�nderl from 6me to time.12 U.S C.Secdon�601 et se9• ("RE�lP "}.
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<br /> .;�, ,.,.:_, •�� amaun�If so.I.eaidea maY,at�am�coDect end hold Funds ia an amoimt aot to exceed the tes��amat.I�nder maY `
<br /> _� . .;��` ` ' esumar�t he amom�t of Faads due�an t$e bavs af c�ment data aad masanabte es�o�es of�of fimue Sscmw Items ar
<br /> _ . , . ot�wlse in accardaacewith applira�lE 2aw. �e.ntalitY,�e�titY(incln�8 A�-
<br /> �. • • ..�.� 'ilie Fuads shaII be�eld'm aa institat�oa whosc depos�a�e in�aed by a fed�al aSc�cl+, the Fuuds ta pay tiie Escrow �' ��'
<br /> ne
<br /> � . . Laider,if Legdea is sac6 an u►.stiwtion�or in any Fede�al Hame I.o�Bang.9�ndrr sba11 apPIY _
<br /> Le I ' the Fimds.�r•.�a1iY�a2lyzinS tt�escaow accotmt,or�esifY�B
<br /> - , : .� ., :��:i.. . It�ns.Lend�may not cbarge Bar�owe�far,holdmg and�pp Ymg ---- -
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<br /> ',, .� . the lsaaw Ire�„ante.3s L�der pays Bbrmwea iateae,ac on tlte Fi�ds�d�plic�bte 1aw pamits Lender tn matce sach a cbaB�' � ,
<br /> � f �. , ° I�a�t+e�rea,I.endea uaay requin Bmmwer w p a,y a o n o-ti m e c,h a r S e f n r a n i n d e p e�d e n t i e�l e s m t e t a s�e Pa�i B s�vice osed by ,�$(�-
<br /> , ' Leuder in�aron rovith�is iaan,anless applicable!aw provi�otte�wise.Untess an ag�eemewt is made or applicable law_ a .
<br /> _ - � , reqimes iateaest tn 6e pai3.L4ander�ail�aot be�ced W�aY Boxrower a�g�t or eamings an the�imAs.Boa�sweT and r -
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<br /> . � � Lead�may agree in wridng.howevea.that inteaesr shari be paid on tlss F�►ds.8,.��er sLall give to Boaa�.wahoai cLacge.an �.L, _
<br /> � • • � '•,'�.; .�:��, aaaaal accomidng of the Fm►ds.showing credits and debits w the�ads a�ntd the pa�pafs�e,,.f�o,r whicb each debit w t6e F�ands was :4,_,•.. .
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<br /> . ' • m$dE.��IIAQ$��IC(igCd 8$8�SC(�fl•7 f�IBv Sllill$$��Yws.S�1LJ�ivauiuJ..c+af." `r„-•r•--. :
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<br /> _ ' ' ' ��v��na��t by�r�a���a mea�m�w���aby���e�.��n�co�n�w so�coR►�fo� .,_,�,,.,..
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<br /> � the excess Funds ia aceordance with d�e�re9t'�menca of a�licab2e law.If the zsflunt of the Funds held by d,�ender at an�r dme is ..,,,,,.f ..
<br /> t ''<�•::�. �wridng,�,in sucb case Bmrovr�r s�all pay -SS�_.,."
<br /> . • . ,. �� not su�ent ta pay die Essmw Ite�s when due.Leader maY so aotify Boa4v��r .�-,�s,:
<br /> � . , w I.e��the amount ne�sary to make uP the de8ciency. Bmmwea sAail make up t�e deficieIIcy tn uo more tha�t melve �L ;:�.`..
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<br /> atonthlY Pay�ents�at ix�da's soIe discretion Instrument,lrenda sha11 Fina►PdY refimd to Bom�wea any Funds . ,�•.:��
<br /> .. � . , Upan payment ia fuli of aD sams socarefl bY this Se�ritY �11 -�;'..��f,�
<br /> � . deld by Lendea ff.under paiagrapb 21.I.end�sl�aU acquire or seU tIIa Fmpeaty.I.ender,PsIor to the acquisiiti�n ar sale af the . .
<br /> ea. acqu s . ,
<br /> aa Fimds hcdd b L�cnder at the time of aisitioa ar sale as a credit the sums sec�u�d b �is `�.�:a;',
<br />- - , ' �, .. Yropercy,sba11 aDP1Y Y y � a�� y .�:
<br /> �r Secauity Instrament � ��,
<br /> � .. ` , ..;;� 3.Applicatton of Paymenta LTr3ess applic�ble taw provides othPawis�all pai►meass cecea�ieA by LenB�r aader'pa�agraphs w -..
<br /> . , � 1 and 2 sha11 be apQtied:fas6 0o anY D�P���Bea d��r the Note:second,m�m►ts D�YaUIe undea paragreph 2; ..
<br /> , `'�
<br />=.�, : , . al due:and Taat,w anY lata c�.:�ges due aader the Note.
<br /> .: , . •third,to i�aest da�fctusth.w princip �es end itn sitions aanbutable t4 the pto�ty _--
<br /> k : . 4.C6ar�es;Ltens.� Bocrnwer shari pay aU rmces,ass�tg.charSes, 3�
<br /> which may atta�n priarity avea this SecuritY lnstrumeat,and lease�otd paymem�or�onnd r�is.if any.Bottower shall pay ttt�e V
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<br /> , abytgeaons in the mm�mer provided in pa�agrapb 2.ar if not pa�u�that mannea.Bmmwea sl�ail paY thean on tiaae directly h �'. •-:,;:
<br /> - ; . pe�son awed payaient Bmrowea shall pmmpdy famish w I��r aIl notices of amounts w be�aid�mdea r2�is Pa�,g�aP • . . ,
<br /> � : e so �
<br /> ,.�� . � . � • Barmwea malcces these paymea�t�directly,Borrowea shall prompttp,[urnish to I.ender receipts evidencing t?ie paymeuta• • .
<br /> ma
<br /> - Bonower shall Drumpdy discharge any li�avbich�i�as priority over thi�Security Instnune,ni an2ess B�s+owe�:ie)a�rees ii� .
<br /> .. . �- airiting W the�ayment of the obligation seaued by the lien in a manner accepta6le w Lender,(b)contes�ia�good faitb the fien � .
<br /> ,_.., . � by,ar defends against enforcement of the iten in,tegal Droceedin8s which in the Leadea's op�ton operate m prevent dte� • _
<br /> .. . . � enfarcement of the lien:or(c)secures fmm the holdea of the tic-�n an agre�►ent satisfasxary w Lendes subordinarluug the Gen ta - .
<br /> . � �" ,. this 5ecurity Insmimeat If Lender Qetea�nines mat any�art of�e Propeny is subject to a lien which may ava3n piiorlty ovea this .
<br /> Seauity insuument,l.ender maY gi�e Borrowea a notice iden�fying the tien.Soirower shaIl satisfy the lien or take one or more
<br /> `�_ � �• . � .� of the actians set fonh above within 10 days of the giving of aoti�e. . - . .
<br /> Form 8048 9/90 �
<br /> '��'.:"` '. �•6R(NE)t9Tt21.ot vtao2ote Inluaro: �
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