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<br /> TOQETHER WITH+�II the i►npmvamoate now or hereaRer arectod on the propetty,�nd dl a�eemente,�ppu�nwcee��nd x,. -.-
<br /> fixturce now an c�rewtier a Nnrc of tha property. All raplaceme+►te �nd additioni slidl aleo be covered by thie Security .
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<br /> Instrumeat.All of the faro�oiny ie rofemed to ia thie 3ecu�Ity Inatrument�e We"Pcoperty.'
<br /> BORROWHR COVBNANTS tlu�t Borrower ie l�wfuUy eeteod of t6e eatate 6ereby conveyed and h�e the ri�ht W�rsnt wd , �,
<br /> canvay tha Proparty and that the Prap�rty is eu�encumbered,except for encumbrances of record. Borrower wamnta �nd will �,
<br /> - • defend gener�lly the titlo to the Property�a�inat�U cldme wd demu�de,s�b,�xt to wY e�umbnncee of record. ,_
<br /> � THIS SECLIRITY INc:RUMBNT combinea untform coveaaate for natioa�l tue and non•uniform coveau�ta wit!►limited •. `.i"
<br /> �� vpriotioae by juriediction to wnetitute a unifocm eecurity iastrumeut covcrin�real properry•
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<br /> �:`�1 UNIFORNI COVBNANTS.Borrower�ad Lender wvoa�ne aad��ree�s foUowc ; -
<br /> �' 1. Payment at Principal �nd Interesti Pr�M�t+�nd I.�te Ch�ta. Borrower slull p�omptlY PsY when due the --
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<br /> � principwl of rnd iaterest on the debt evidenced by the Note and wY Pro�Ymea��nd�<<°chu�ea due uader the Note. _
<br /> * �. Funds [or Taxea su�d Lnunnce. SubJect W �pp�icable 1Rw or to s written waiver by Leader, Borrower �1 a�a �
<br /> Leader oa the day monthly PaYmeuts Are due uader the Note�until tho Note ie paid ia full��a eum('Fuada")for:(�)Y Y :�,` -
<br /> �nd�ssesamente which airy�tt�ia priority over thie Socurity lnetnunent�s a liea on the Property; (b)Yearly le�eehold p�ymente _
<br /> �' or Yrouad rente on the PropeRy�if�ny�(o)Yeuly hwrd or PropeKY insur�wca pramlume�(d)Yeuly flood inaurance pmminme, _
<br /> � if Aay� (e)Yearly awrt��Qa insur�ace premiume� if�ny��nd(��uY sums MYabla by Borrower W Leador,in accordanca wlth �_
<br /> , �• tha pmvisions af parw�nph 8,in lieu of the prymeut of moAyage insurnnce promiwne.7'hese items ue c�U°d'Esc=°w Itea�s.' �
<br /> Lender may, at wy tinb, wllact aad hold Funds ia an amount not to excoad the nsiucimum aawwit R leader for a fedenlly �--
<br />- • relatad mort�n�a loan m►y require for Bormwor's eecrow account under the fedenl Ral Esute Settlemeat Proceduree Act of f:
<br /> 1974�atnended from time ro tima, 12 U.S.C.Section 2601 et seq. ("RESPA").unlese+uaath6r���n'th���PP�i��O�°Funds �;
<br /> �� sets A lesser amouat. If so, Lender may, at�ay time. collect pud hold Funds ia u► smount not ta aa a e d t he lesser emount.
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<br /> Lender m4y estimaite the amounc of Funda due on the b�sts of current dAta And re�sonRble estimstes of expendit�ues of futuro
<br /> �. Escrow Itema or otherwise in accordw�ce with xpplicable law. ���
<br /> - Tha Funds shAll be hald in an institution whosa deposits wre insured by a fodcml �ges�oy. inetrutneatalitY� or wtity , .
<br /> (inc lu ding Lender,if Lender ie such an institution)or iu Any Federal Homa L,oan B�nlc.Lender et�all+y�ply the Funds to p+�Y the
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<br /> " Sscrow Items. Lender may not chArga Botrower for holding aad applyutg the Fuade,annually w�lYxinB the escr°w'�cc°u°t,or
<br /> • verifying the Bscrow Iteias,unless I.endet ps�ys Bonower interest on tha Punds wd applicstble I�w pararita Lender to�k�N� .
<br /> A chuga. Howevor,Lender may requira Borroa'er to pay�one-ti�ne charga for at�iaciependait tal esptte tu reportin� ___
<br /> usecl by I.ender in connection with thie loan, ualese �pplicxble law provides othenviee. Unlese w R�reewent ie mrde ur _
<br /> applica�ble law requires interest to ba pald,Leader shall not be required to pay Borrower aay iatex'�s�or e�min�s on the Punde.
<br /> Bormwer and Lender may Agrea in writing,howover�that interest Fhall ba paid oa the Funde. Leador sbaU�ivo to Borrower.
<br />�- --_ — without charge� m umuxl pccounting of the Nuads, sbowing cmiiin i�ii3 d'o�iis io ttta Fursd:rssd the g�.�r�.w�ae for wltich ach
<br /> . debit to the Funds wxs auide.Tha Ftwds tra pledBed as�dditional security for all sums eecured by this Security Inetntmcat•
<br /> � If the Funde t�eld by L.eader aaeeacl tho aa�ounts pera►itted to be held by�pplieable law,Lender eh�Jl�cconnt to Borrower
<br /> ; . for We excess Funds in uccordance wi�h the requinmenta of applicable law.If the t�nount of the Fuada held by I.ender at�ny
<br />- time ia not sufficient w psy tha E�crow Itema when due,Leader may so aotify Borrower ia wrlting, and,in such case Borrower
<br /> shail pay to l.ender the amount ndcessary W make up the deficiency. Bonower siull m�Ico up tl�e deficienoy in no nwre th�n
<br /> � twelva monthly payrtaente.at I.eader's sole discretion.
<br /> • Upon payment lIi ft1II Of iII Bl1i118 60C11T0d bY W1g S�CUntY IIIShl1QICA�� L,eader eh�ll promptly mfund to Borrower�ny
<br /> - ' Funda held by Leader.If. under pangr+�ph 21,Laudar shAll�cquiro or sell the Property,T.ender,pdor to tho�c9uisiaan or etle
<br /> . � " of tho Property,shall apply any Funda held by Leador at the time of�cquisition or sale�s •crallt a�dnst the suma sxured bY
<br /> , this Security Instcumeat.
<br /> - � �. 3.Application ot Peyments.Ualese applicable law provides otherwise,dl pryma►ts received by L,ender uadar ptra�nphs
<br />_ • �� 1 and 2 sh�ll be�pplied: first. to ony prepaymeat char�es due under thv Note; aecond,to amounta pnyvble under pan�npt►2�
<br /> h •Yn+�'� third,to interest due; fourth,to princip�l due;�nd last,to any late chuYea dua under t}►e Note.
<br /> 4,�i•�rges;Liens. Eor:ower shall pAy dl tacea,wssa.ssrnents. charges, fines�ad impos(tions�mibntablo to the Pre>perty __
<br /> , which may nttain pr•ority over thia Security Instrument, And leasehold paymente or Qrotwd reats� if my. Aorrow�+r ehR►f Wy
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<br /> these obligatione in the manner provided ia parogrnph 2,or if not paid in Wrt manner�Borrowar ehall paY them on time d�recuY _
<br />= . to tha perFwn owed payment.Bonower shall promptly furniah to Lender all notic�of�mounts W be P�id undar thie pangraph. _ _
<br /> ,� If Borrower makes thesa pxyments diractly,Borrower shall promptly furnish to L�eader receipta ovidencing the paymanta• __
<br /> - ' Borrower shall promptly discharge any lien whic6 6ae priority over this Security Instrumeat unlese Borrow'°r��)R1t�°0B 1° �
<br /> _ � writing to the payment of tha obligxtion secured by tha lien in a manner AccepGtble to I.ender,(b)conteste in good f+iitl►tLe L'ea --
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<br /> � b,y, or defends against enforcement of the lien in. legal proceadings which in the Lender's opinion W�erate t� preveat tho _„
<br /> ' enforcament of the lien; or(c)secures from tt►a holder of tha lien xn agreement satisfictory to I.ender subordln�tin8 the liea to �,._
<br /> this Security Instrument. If Lender determines thet any part of the Property is subjeot to a lien wtuch may attain priority over ��.';:
<br /> this Security Instrument, Lender uvty give Borm•Her a notice ide�ntifying the lien.Borrower shall satiefy the lien or take oae or
<br /> � more of the actions set forth above within 10 days of the giving of notico. _
<br /> � ` Fam 902
<br /> �•6RINE)�es�ti.os v.o•s d e �N��
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