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<br /> -==-_= 'I�OUE'.�tl�R W1TH a11 thc Impravemu�ts now or hereaf'tcr crcctcd oo thc propcny, and all cascmcn�s,appurtcnancac, and
<br />_����= , futwres now or her�a p�rt of 1hc pronetty.A1�repla�cemcnts and edditi�ans shall elso bc covcrcd by this Sccuriry lnsuument.
<br /> r^•�� All of ihe fureg�ing is rcfcrnd to in ihis Socuriry lnstruma►t as the"PropatY•"
<br /> :-"�;,:�,.�,. HURROWER COYENANTS tFuit Borrowcr is IawfuUy selscd of thc estate hcrcby convcycd und has tha right to grant and
<br />_:,;';�!i!r..T�,� convey thc Property and th�t ihc Property Is unencumbercd, cxccpt (or�ncumbranccs of r�ord. Horrowcr warrants and wiU
<br />=-;�.��•, ck2nd genenlly the titk W Ihe Pro�ertY agalr►st sll claims�nd demand9,subjoa to any c,ncumbrancc.�of rocord.
<br /> 'THIS SECURITY INSTRUMENT combinw uniform covenan�v far national usc snd non•uniform covcnan�.4 wi�h limitc,�f
<br /> ,,,;T,�,�=- vrisUons by jurisdlction to conatitute a unitortn socurity instrument covering real property.
<br /> '�-• ti��� UNIFO�M COVENAM°S.Bormwcr and I.endcr covenan►and agrec ati foilows:
<br />-�'' 1.P�y�neet uf Priacip�l s�d lntereat;Prepi►ymeat�ad L�te CbarRes. Horrnwcr shaDl promPUY PaY wt�en due the �
<br />_.-���--_-�.=.-__.�� princip�l of md interest on ihc dcbt avidenced by Ihe Note and mY P�Yment and late chargas d�a unctcr the Nota
<br /> -.rr� 2.Fundr for T�uca�od Iawrance. Subjoct to sppUcabk law or w a writun waivcr by Lcndu. Bcxrowcr shall oay to
<br />- __ „� I�er on the d�y manthlY paYmeriu are dua unda Ihe Nole.until the Note is paid in full,a sum("Funds")for: (a)yearly taxcs
<br /> -=;R.::a,s.� and as�esserknts which may etuin priority ova Ihis Socurity Insvumcnt ag a lien on thc�'ropenY�(b)Yearly kasehold payments
<br />:'=-�'=��'+� a ground rents on the Property�if any:(c)Yearly ha�rd a propaty insurance immiums:(d)Yearly flood insurance prcmiume.if
<br /> --"?� �y: (�)Y��Y ��8�8� ��+�P�iums. if eny�and(t)eny sums payabk by Borrower to Lender� in acc:ordance with�he
<br /> -��'� provisions ot ppr�graph A,in liw of ihe payment of nwrtgage insurance {xemiums. The.ie items are cal{ed "Escrow Items."
<br /> -�� I.�nder may,at any time.r�llect and hald Funds in an amount not to cxcood the meximum amount a Icnder for n fodaaUy relatod
<br /> , �-�µ�� rnatg�ge loan may requin fa Borrowa'a e�crow account under the federal Real Estau Seulem�.nt Procedures Act of 1974 ai
<br /> .�-�-o-- amcnded from time to�ime,12 U.S.C.Socaun 2601 et xeq. ("RPSPA"),unless anott�er law that applies W thc Funds sets a kssu
<br /> --.�-.— amounG If so. I�er�der may, at any time. coqect and hold Fuods in an art►ount not w excood the lessa arnounG l,ender msy
<br /> �-� �ace the amount of Funds due on the besis 4f curtent dwca and rea4onabk estimates of exponditures of fuwn Escrow Items or
<br /> '��� dlk,=wise in�ecordance wi�h applicabk law,
<br /> - -�-- 'Y1�e Fur�ds shall be held in an institution whox ekposits aro insurod by a fodunl agency�instrwnentali�y�or entity(including
<br /> �='�'-"-�"-� Lendu, if Lenckr is such an insdwtion) a in any Faieral Home L.oan Bank. Lender shall apply the Fw�ds to pay the Escrow
<br /> l�rns.l,ender may not charge Borrowu fa holding and�q►plying the I'w�ds.Annually analyrang the esanw uccount,or verifying
<br /> Ide Frscrow Items,unless L�der pays Borrowu intercst on ihe Funds ancl applicable Iaw pamits Lr,ndu W maice such a chacge.
<br /> -- Noweva. Y.ender may roquire Borrower W pay a one-time charge fa an indel�aident rcal estate tax reponinB sen'ice use�i by
<br /> Leneiex in connocUon with ihis ban,unless appllcabb law provides otheiwise. Unless an agreement is made or�plicable law
<br /> -"_--- requires intaest to be paid�Lender shall not be required to pay Bcxrnwer any inter�est or earnings on the Funds.Bartnwtx end
<br /> °"= Lrnder rnuy agroe in writing. however.lhat interest sNall be Paid on thc Funds.L,endu shatl give to Bcxrower,without charge,an _
<br /> - annuel accounting of the Funds,showing c�edits and deb[ts to the Fonds and the purpose for which each debit to the Fw�ds wag
<br /> _-= M,�.,'11u�Funda nre nkdaed ss additional sxuritY fot all sums seCUt+e�l by this 5ecurity InstrumenG
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