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<br /> � � " 'I'OGETH�R WITH all the impmvcrosnts now ur hereafte� erestcd on the propeay, and aU eascmcats,
<br /> twns shall alsu be r,�vered
<br /> � appurtenanexs.and fixtur�s na�v an c�reaftcr o pari of thr prup�tty. All rcpisements ansf�ddi'
<br /> � by thia Security Instiument.All of the t8n&oin�ls refereed to ia�his Sesurity Wstnament us the"Prop�ny:" �
<br /> ' Qnattaw��Cov�NnNTS that Bosrowet is Ia�vluUy sctsc�of thc estate hereby wnveyed und has ttte nght to grunt aad
<br /> canvey the Pmpetty nnd that the Property is uncncumbcred, except for encumbrances of record. Borro�ver wumiats sud
<br /> �� � aill dtfeatd gc�t�:rally the eitte to Hie Progrfty n�;ainse ntl clnijus nsid demands,subject to any eacumbranc:es of raard.
<br /> Tais S€cuEUnr INSrsur.��ur combinas unifarrn wvenanu for aatlonal use and aon-uniform covenants with limited
<br /> _.. . s variat�ons by jurisclicdon to constit¢ye a uniform security instrucn�nt covering real property.
<br /> �.,�.-._ _ . UN�FOxnt CovFVnr�TS.Borm vdr und Lender covcn.�t and a^rer as follows:
<br /> - . .— 1. Ibymeat of Frincipsi!�lmteresl. Pecpaymcnt an��.ate C�,'�. �orraw�r shs!!promP�Y 8ay when due
<br /> � ; � the pYincigal of and iaterest on the debt evidencad by the Note nnd any pt�payment and I�te charges due under the I�fote. :
<br /> Z,F'unds for Taxes und Inssteu��.Subject to applisable law or to a written waiver by l.euder,Borrower shaU pay
<br /> ' - � co LYUdrr on the day inanthly payment:,are due under�ite Note,untel the Note is paid in full. a sum("Funds")for. (a)
<br /> y�Iy tax�and assesstaents whlch may attain prioriey over thls S�urity tnsm�,.t�,t as u lien aa the Propert�q�)Year1Y ;:�.
<br /> lzasehold payntents ar ground rents on thc Property.if vzy: {c;y�arty ha7ard or propettY iasur2nce premiums;(d)Y��Y �;_
<br /> tlood iasuraace Px�iums.if any:(e)Yearly acurtgrige inseuan►x premiums.if any: and(�any sums�ayable by Borrower �G-
<br /> ta Lendsr, in axordauc$with the provisions of paragaph 8, in lieu of the paymeat of mnrtga$e utsvrance ptemiums• __
<br /> ' . � These items are called "Escrow Icems.° Leader ms►y,at any tlme,eollest sind ho2d Fuuds in an auwuat cot w excead the �-
<br /> .'� ma.qimiun amo�mt a leader for a federally related mortgage loan aiay require for Bonower's escra�+account nadet the Q;:
<br /> � gedera] Real Fsra:e Settlement Procedures Act of 1974 as as�adad fmm time to ti�, 12 U.S.C. fi 2601 et seq. �_..
<br /> . � ("R�SPA"),unless another law that ap lies to the Fuuds sets a lesszr amount IE sn,Ixuder may,at any tims,coA�and C:R
<br /> hold l�uads in an amount not to ex�the tesser amaunt. i.eader may esti�ate the ama�mt of Fuads due on the�as'ss of
<br /> , �. � . � .� cvrrent data and reasonable e.s�unates af expeaditures of futun Esrrow Items or othervrise in aocardance with agpSi�ble R:
<br /> � F4c:
<br /> ' � � 1 �w� '[he Funds�all be held in an inssimtioa whose deposits are iusured by a fedeiala�eacy.instnuneatality,or eutiry ___
<br /> - ,--�• - . --�� (iaciuding I�der, if;.�d�, �snr�as inssitut'son}�*in any Federat Ho�e Laan Bank. I.ender shall appiy the Funds to �..
<br /> . . �,.. pay t�e Escrow fi�s. Leadr�a may aot chatge Bottmwer for holding a�►d aPP1Ying t1� Fuads. aanualty analy�a� t�e =_
<br /> � � . es�tv�.cxount, or verifyin� ehe Eccrow Items.unless Ieader pays Bosower mtet�t on tl�Funds aada�plicable law �.
<br /> :cxo charge f�r an
<br /> � permits L�ader to make aur.h a chazge. Hawever. L�eader may re�uire Borrawer to pay a ons-tinee ;_-
<br /> • ' ind�peadent teal�tax reporting s�rvice used by Leader in wnaecnon with this loan,unte�applicable law�rarides -_
<br /> ��' other�vi�e.Unless an agreement is made or applicable lav��equirPS iaterest to be paid,Lender shall IIut be requered to pay `-
<br /> .. . . Borrower any interest or eamiags on the Funds.Barrower and Leader may agcee in writing,however,thai inieres2 shall be _-
<br /> - • � p a i d ou t he F a n d s.L e u d e r s h a U g i v e t o B o r r o w e r.w i t h o u t c h a rg e,a a a n a u a l a c c o u nnn�of the Fuads,showin g credics and _
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<br /> de��s tq the Funds and the putpose for wtucb each debit to t�e Funds was made.T h e Funds are pl�zdged as as.�i�4 n a 1
<br /> � .. � I se�'.usr�for all sums secvred by this Security Insuument �cable law, Lc�der shal)aecaunt to
<br /> -If the Fua�held by Lender exceed W,�amo�mts permitte�l to he held bY aPP� ��
<br /> � Eorrower for tI�:�ccess Funds in accordancQ wlth the requiT�neats of applicable law.If the amou�nt vf the Funds held by
<br /> �: 1 Ixnder at any tiar�is not sufficient to pay tIie Fscrow Items wlten due,Izade�may so noiiij/Bama��;�wriqng,and,in
<br /> , ,,�..: � sucb case Borrower shall pay to Lender the amount neces�y to make up the deficiea�y�_ 3ama�.�r shall make�the
<br /> ..;'''�'. de��ency in no mnre than tvielve monthly payments,at Lender's sole discretion.
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<br /> 'EJpon paynnent in fuU of all sums serunzd by this SQCUrity �^t,�.eIIder`�1L.?n��Ptly refuud to Borrawer
<br /> ' ' � any L•1�ds held by Lender. If, under paragraph 21. Leader s�all acquire or sell L'�e [cvpercy,_Lender, prior to the
<br /> arquisi�nn or�.�Le of the Property. shill a�P1Y anY Funds held by Ixnder at the time of acquisiuQ�or sale as a credit
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<br /> ' � agawss the sums�,eaimd by this S�surity Instnunent.
<br /> 3.Appi:��rtion of Payments. Unless applicable law pmvides otherarise, all paymen�s rece7s�by I.ender under
<br /> � ' pa.:,��hs 1 aad 2 shall be applied: first, to any pzepaymn�nt charges due under the Noie: secoad,to amounts eayabie
<br /> . ua:.�+�a�aph 2;third,to interest due:fourth.to princlpal due:and last,to any late�har�es due under the Note.
<br /> .. 4.Char��s;Llens. Borrower shall pay a11 taxes. assessments.charSes, fines and impositiflns attn'butab:=��y �`e
<br /> � `"' �"•' • ; Property wluc� r.�ay attain �,rioriry.over this Securiry Inswment. and lc�hold payy�enu ar ,^_.a�.�snd r�nts, if aay.
<br /> `.�,,�:�:.�� � � . � Bomowez shall��these ubl�gations m the manner provid�in para�raph 2,or if not paid!n that�u:s. Borrower shall
<br /> �`�,. �''i�.' •�, fumIsh w I,eader�.i.i._at�ces of amouats
<br /> ,.�r e�,.,�.�•� i ' pay them on ti�e directly w the person owed payment.Borrower shall promptly
<br /> ;.,i�%�3���r.;;-. . t� ?�2 paid under this paragraph. If Botrower makes tltese paya�ents direcxly.Borrower shall promptly furnish to Lender
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<br /> � ':%';��;1r�' �` �c�-r .ts evidencing the paymentn.
<br /> �� ' �r°�� ., � Boaower shaU pmmptly dlschtv�e any fien v�hich has priority over this Secvr�s`.: Instrumeat uuless Borc�.c�:(u)
<br /> --= z�,�ty in writinn to the payment of the obligadon secured by the lien m a manaer�:eptable to Lender; (b)c�r�s in
<br /> � '.,_ g�cd faith the lien by, or defends against enforcement of the lien in,l�al proceedin8s which ia t�e Iander's opinion
<br /> ,_ � oL,�te to preveat the enforcement of the lien; or(c)sec�ues from the older of the lien an ag�.�ment satisfa�Kary to
<br /> .�� Lc�anir:r subordinating the liea ta this S�curity Insuwnent.If Leader detemii:�.s that xa!�part of the Pcoperty is subject to a
<br /> "��.'` �' f�i�. �rhish may auain priority over this Security Insuument, Ixndermay give �ca�W:,�er a notice identifyin� C."?'��.
<br /> •������ � 13rs�r.�wer shall satisfy the tien or take one or irAre of the aczioas set forth r�ove cir_t�ia ii�daqs of the�ving of��.::.
<br /> 4j `.° S.Hazar'�or PropeRy Iasur�aaoe• Borrowet shall keep ihe imp�-��e�s��7::��istjng or hereafler em�.�v�'.�°
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<br /> . • � ' p;�PertY iasure� a°�I loss by fire. hazards included w�thin the teTT 'estesde� coverage" �:.;.�any other ha2ards, _
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