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<br /> TOGETHFR�*11TH all the impmvements no��v or hereafter erected on the P�P�Y•and all easemenu.appuaenances.aad .
<br /> � � futures now or hereafter a part of the property. All replasemenu and additions shatl also b� covered by this Security ,
<br /> Insm�ment.All of the fotegoing is rzferee�t co in this S$cwiry Instrument as the'Property." .
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<br /> B4dtROWER COVENANTS that Bflrrovre*'ss tawfiilly seised of the estate hereby conveyed and has the ri�ht to grant and
<br /> convey the Property and that the Froperty is unensumbered. eaccept for eacumbrances of tecord. Borro�ver�varrants and will
<br /> , defend geaeraliy the atle to the Property against all claims and demands.subject to any eacumbraaces af record.
<br /> � '� THIS SBCITRTTY INSTRUMfiNT cambiaes unif°Tr°covenaats for nadonal use and noa-uniform covenants with limited
<br /> ' variations by jwisdiction co coastituce a uniform security ins[rument covering real propeml• `
<br /> � � UNIFORM COVENANT5.Borrower aad I.Ender covenant and agree as follows: • when due che �
<br /> . :�•-,— 1. Paymeat of Priacipal and Interest; Prepa9'ffient aad Y.ate Char�es. Borrower shall QramptlY PaS+ --
<br /> ' principal of and interest on the debt evidenced by the Note and any prepayment and late ciaarges due ua�ee the Note.
<br /> , Z.���os 1'axes and IIasnraace. Subject to app3icab4e law or to a wriaen waiver by Lender. Borrower shaU pay to :
<br /> . . . . Lender oa the day monthly paym�ts are due under the Note,until the Note is paid in fuli.a sum('Funds")for.(a)yearly taxes 'r:';
<br /> . , aad a�essmen4s which may atrain priority over this Securiry Insnument as a lien on the Property;(b)Yearly leasehold payments ";,.'.:•;
<br /> ... ._ . .._ mrnranCC remiums;(d)Yearly flood insurance premiums. .�-
<br /> . � . or gmund renu on the Fmpercy>if any;(c)yearly harard or pmperty� p le b Borrower to L,ender.ia accardance with .
<br /> � if any;(e)Year1Y�ortgage ins�,r�-.�ce pramiu�s. if any; and(�anY sums PaY� Y �-
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<br /> the provisions of g�..-agrapb 8, in iieu of tlxe��t of mortgage insuia�:_premiums.Thess icems aze called"Fscron+Icems.° ���__
<br /> Lender may, az aay time, collect and hold �'-�:s in an amount not to er.xed the maximuui amount a lender for a federally __-_
<br /> . ., relaied mortgage loan may require for Borrower's escrow�ount under:�e federal Real Estate Settlement P�ce�ures Act of .,`u`P.}:
<br /> a,�;`!. � 1974 as amended from time to time, 12 U.S.C.Section �5u: �seq. ("RFSPA").uni�s another law that applies to the Funds �-�;
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<br /> . �� sets a lesser amount. If so, Leader may, at any tims, co:le� �d hold Fuads in an��-int not to exceed the I�s:z amount.
<br /> � Lender may est�::=the amaunt of Funds due on the basis�f current data and reasonable estimazes of eapend=_�;..*�of futute _
<br /> , .� - � Escrom I•x�s c_����arise in accerdance riith applicable law. :�;_�-'-
<br /> "''�` i(�e F•,:r.ca ��1 be heT_� �an institution whose Ae�u�'s �.� :.��3 by a fed�al agenc�- �'--=.°«--'----`:•. or enrin • .
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<br /> •��rss�.�i�• + ,�7� '" Loan Bank.Lender shall�iy L`..��:.��s:�pay the _ -
<br /> --ti..�:.�i._ r�'yjT�g Lender,if Lender is s.:ch an iastituuon)or in an��Fade:�w•_�, o s��..�;3_-ivant,o�r �.`-^��-�•�.
<br /> �� °.�,`. '--= Fscrow Items.Lender may not charge Borrowee fo�holding a�d a3.�f:��che�smds,aanvally anal3rziva -.x-
<br /> • � � verifying the Fscrow Items,unless L.ender pays Borrower iaterest on'`�.�'rs,�ds and applicable law ge.�:'s Irender�c nake sucH �'�'�_
<br /> . �r •,� a charge.However,Lender may require Borrower to pay a one-time c:�.?a for an independent real e�cz.e tax ceportin8 s�n+ic� °��`---___
<br /> . <�; � by Leader in connecaon with this loan, unless applicable latiy �:ovides otheiwise. UWess an agree�nt is made or -__-_
<br /> � applicable laa►requires interest to be paid,Irender shall not be required to paY Borrower any interest or eamtngs on the Fuads.
<br /> ;t}r:,. :,� Barmwer aad I.ender way agree in writin�,hawever,that intetest sha'.!be paid on the Funds.lxnder shall gice���Borrower, ___
<br /> : ' � . , without charge,an aanual acconnting of�he Fnnds.showing crediu<..-�:`:debits to the Funds and the purpose fc>«�ich each
<br /> `',: �' � �' '. debit to the Fua�s w as made.The Funds rro pledged as additional sec�:.�+`�r all sums secured by tbs S�curity Instrumeat.
<br /> ' °��'�i•, If the Fun:.����by Lxader excee�'.=.:�mouau psrmitted tu bs�a:�.by applicable law,Lead,:,�ali accouni to 8arrc%'�
<br /> •�.�:.
<br /> �.4;�'�' faa t�e eacess Fnuds in accordance aith the requiremeats of a�pSicaSIa law. lf the amaunt of the Fwu9s held by E��r at'.r.1
<br /> ' , .�. �� ti�:a not s�fficient to pay the Escrow Items when due,�.en��r rzay so notify Borrower[n writing.and,in such�a Borrower
<br /> _ • . .7 • shall pay w Lender the amount necessalY to make up the 3eficicucy.Borrower shall make up chz deficiency in no mvre than
<br /> � tarslve montlily paymenu,at Lender's sole discretion.
<br /> '. Upon paymznt in full of all sums s�cured by this Securiry Inscmtnent. Leader shall pmmpt►'y refund to Borrower any
<br /> F•ic��keld by Leader.If,under puragraph 21.I.ender shall acquire or sell the Property,l.gnder.prior to the acquisition or sale
<br /> :���:�'.•. " of�property,shall apply�%?�unds held by Lender at the timQ of acquisition or sale as a credit agaiast the sums sec�red by
<br /> ' ' this Security lnstrument.
<br /> . . '.� - 3.Agpli�'r��of Payme�s.Unless applicable law provides othecv.ise.all payments received by Lender under paragraphs
<br /> sg
<br /> ' 1 z^_d 2 sLa11 h;��'�%ie�l:fiist.w anY F��i��t charges due under�a Nate;second,to amounts payable under paragraph 2;
<br /> . .^.��, tlr=,:�+L a inter�'=�e;fourth,to principal dt:e:nnd last,to ans�t�te cha�es 3us under the Note.
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<br /> • • b.Charg�:Lieas.Boaower shall pay�.1 taxes.a�:�.-�nents,c:�ges,fines a��rmpositic�:,a-jibutable to the ProPenY
<br /> � w�:�fi may ar.�;:�;�riority over¢his Security'-_�"_.:r,r�n�,ar,.c�e�s�c�'��ayiaenu or�.-L;uid rz.-:�...L any. Bomoarer shall paY
<br /> - . these obligatic:;s i�the manner pmvided i*�.rarw�ph�.t+z i.€1ot p����.`~at manner,Borrow�r�s:ni�ay them on time direct!y
<br /> � to the person a�e3 payment.Bonower shal.�1;�mP�y�'=T"-��to L�rr.,�::notices of amounu ta�3�paid under this patagra��.
<br /> - if Borrower makes these paymmts d'uectly.3oaower shi�.rromptly f.::�.:,h to Lender receipts evidencing the paymenu.
<br /> Borrower shall promptiy discharge any lien which h�;.rioriry ov�r this Securiry L•strument ualess Borrower.(a)agees in
<br /> � . .4 tvciting to the�a}�ment of the obligation secured by the lien in a ma�.YS zcceptable eo Lender,(b)contests in good faith the lien
<br /> " � �: ' by. or defeIId� .s�;ainst enforcement of che lien in, legal praceeiii�y µ�'��ich in t�:e 1-�n��'s opinion opesate to prevent t^�e
<br /> ' � y.' enforcx:naent af dse lien;or(c)sec�tes from the holder of the lien�s;��:�xnt satisfactory to Leader subordinatin;the lie�ca
<br /> � this gecuriry Insmunent. If L,endcz determines that any part of the Fro�rry is suts;esc to a lien whic�may attain prioriry ov� =_
<br /> � . ? t�;s Securiry Instnunent,Leadet may give Borrower a natice identifying the lien.IIarccwer shall satisfy chs lien or take one or _ _
<br /> • �� �ore of the as�cns set forth above within 10 days of the giving of uotice. --
<br /> : Fam 3028 91�J0
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