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<br /> • TO(iE1'HER WITH all thc improvemcnts now on c�rcaftcr crcctcc!on thc property,and all cascmcn�5, appuncnnnccs,and ' __
<br /> fixtures now on c�rcaftcr a part of thc praperty.All replacemcnts and addidons shall alsc bc covcrcd by this Sccuriry Instrumcnt. -_-
<br /> All of thc forcgoing is rcfcrrcd to in this Security instrumcnt us d►c"Property:' ,r 3_�-�
<br /> BORROWER COVENANTS thut Bortowcr is IawfuUy scised of thc cstatc hcreby canvcycd and hag thc right ta grant and,� I
<br /> � convcy thc Prapeny and that thc Propeny is uncncumbcred, cxcept for encumbrancca af rccord. Borrawcr warrants and will ' f , -.
<br /> defcnd gcncrally tha tiQc to thc Property against all claims and dcmands.subjcct to eny encumbrances of record. �
<br /> THIS SECURITY INSTRUMEIVT combines uniform covcnanGS for nauonal usc and non-uniform covcnants with limiud N' � , -
<br /> variations by jurisdiction to constitute a uniform security instrument covering real property. � i —
<br /> UNIFORM COVBNANTS.Borrower and Lendcr covenant and agree as follows:
<br /> 1.Payment of FtirincipAl aad Interest;PrepAyment and Late Charges. Borrowcr shall prompdy pay when duc thc O -
<br /> • principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. _
<br /> 2.Funds for Taxes und Insurance. Subject to applicable law or to a written waiver by Lender, Bonower shaU pay ta � .
<br /> I.ender on the day monthly payments are due undcr the Note,until the Note is paid in full,a sum("Funds")for: (a)ycarly taxcs
<br /> and assessmentc which may attain priority over this Security Instrument as a Uen on the Property;(t�)yearly leasehold puyments _,.::
<br /> or ground rents on the Property.if any;(c)yearly hazard or praperty insurance premiums;(d)yearly flood insurance premiums,if __
<br /> any; (e)yearly mortgage insurance premiums,if any;and(�any sums payable by Borrower to Lender,in accordance with the -
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<br /> provisions of paragraph 8, in lieu of lhe payment of mortgage insurance premiums. These items aze called "Escrow Items."
<br /> Lcnder may,at any time,collect and hold Funds in an amount not to exceed the maximum amount a lender for a federally related _
<br /> ;� mortgage loan may require for Borrower's escrow account under the federal Real�stau:Settlemcnt Proceciares Act of 1974 as __-
<br /> � amcndcd from time to dme,12 U,S.C.Secdon 2601 et seq. ("RESPA"),unless anothor law that applies to the Funds sets a lesser __
<br /> amounG If so, I.ender may,at any time,collect and hold Funds in r+n amount not to exceeci the lesser amount I.ender may
<br /> �. esGmate the amount of Funds due on the basis of current data and reasonable estimates oF expenditures of fluure Escrow Items ar
<br /> otherwise in accordance with applicable law. _ _
<br /> � The Funds shall be held in an Insriwdon whose dcposits are insured by a federal agency,instrumentality,or endty(including .�p=
<br /> Lcnder,if Lender is such an insutution)or in a�iy Federal Home Loan Bank.Lender shall apply the Funds to pay thc Escrow
<br /> � Items.Lender may not charge Boaower f�r holding and applying the Funds,annually analyzin8 the escrow account,or verifying _
<br /> � the Escrow Items,unless Lender pays Borrower interest on the Funds and applicable law permits I.ender to makC suci�a ci��iga. M;°�`°''��—
<br /> � However, Lender may require Borrower to pay a one-time chazge for an independent real estate ta�c re rtin servicc used b `'"—""�.=
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<br /> � Lender in connecdon with this loan,unless applicable law provides otherwise.Unle,s an agreement is made or applicable law �����==-�
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<br /> requires interest to be paid,Lcndcr shall not be requirecl to pay Boaowcr any intcrest or camings on the Funds.Borrowcr and �
<br /> Lcnder may agrce in writing,however,that interest sh�ll be paid on thc Funds.Lcnder shall give to Borrowcr,without charge,an ' ;�',
<br /> '� ennual accounting of the Funds,showing credits and debits to the Funds and the pucpose for which each debit to the Funds was ;,•
<br /> made.The Funds ace pledged as addidonal security for all sums secured by this Sacurity InstmmenG
<br /> � If the Funds held by Lender exceed thc amounts permiued to be held by applicable law,Lender shall account to Borrower for ��a
<br /> ,r the excess Funds in accordance with the requirements of applicable law.If the amount of the Funds held by Lender at any ume is �_R-�—
<br /> not sufficient to pay the Escrow Items when due,Lender may sn noWy Borrowcr in wriUng,and,in such case Borrower shall pay _ _
<br /> w Lender ihe amount necessary co make up the deficiency. Borcower shall make up the deficiency in no more ihan twelve c- _,
<br /> monthly payments,at L.ender's sole discrction. �__
<br /> Upon payment in full of all sums secured by this Security Instrument,Lender shall prompdy refund to Borrower any Funds = _-�----�-
<br /> held by Lender. If,under paragraph 21,Lender shall acquire or sell die Property,Lender,prior u�the acquisition or sale of the ��"'�` -
<br /> � Property, shall apply any Fu1ds held by I.ender at the ame of acquisition or salc ns a cr e dit against t he sums sccur c d by i his ;r���.=
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<br /> 3.Application ot Payments. Unless applicable law provides othenvisc,all payments received by Lendcr under paragraphs , ��;;.,.
<br /> 1 and 2 shall be appGed: Cast, w any prepayment charges due under the Note; second,to amounts payable under puagraph 2; �-��-��°
<br /> � third,w interest due;fourth,to principal due;and last,to any late charges due uuder the Note. MS� -
<br /> , 4.Char es;Liens. Borrowcr shall a all taxcs, assessments, char es, Cmes and im sitions attributablc to the Pro rt ���` �
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<br /> which may attain priority ovcr this Sccurity Inswment,and Ieaschold paymcnt�or ground rents,if any.Bonower shall pay thcsc • � �. �"�..
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<br /> obligations in ihc manncr provided in paragraph 2,or if not paid in that manner,Borrowcr shall pay thcm on timc dircctly to thc '.`�` `'�'.�.";
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<br /> 4 person owed paymen� Bonower shull prompdy fumish to Lcndcr all nodces of aniounts to be paid under this paragraph. If �!"�'�� "
<br /> Borrowcr makes thesc payments direcdy,Bonower shall prompdy furnish ro I.ender reccipts evidencing thc payments. :�.y�_
<br /> � Borrower shall prompdy discharge any lien which has priority over this Security Instrument unless Bonower: (a)agrees in �
<br /> Iwridng to the paymcnt of the abligation sccurcd by the lien in a manner acceptable to Lender;(b)contcsts in good faith the licq :
<br /> � by, or defends agtunst enforcement of Ihe licn in, le�al proceedings which in ihe Lender's opinion operate to prevent the
<br /> i enforcement of the lien; or(c)secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to .
<br /> this Sccurity Insvument. Tf Lendcr dctcrmincs that any part of thc Property is subjcct to a licn which may suain priority over this ,
<br /> • Sccurity Insuument,Lcndcr may givc Borcowcr a noucc idcntifying thc licn.Borrowcr shall satisfy ihc licn or takc onc or morc
<br /> ! o[the actions set forlh above within 10 days of the giving of notice.
<br /> � Form 3026 9i90
<br /> . !I �•OR(NE)lsztzl.oi Paqo2o18 ini�iau:
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