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<br /> -----.- ----- � 99-���0��
<br /> . 'PQ(ifiTi�[t�YITH a!1 th�impaovemsata aow ot hsre�r erxtad on ths ProF�rtY�aad all ease�ts,aPPurtsnancc�,ao� ! �
<br /> ' All replsce�cnts aad eddidcn9 shr]I slso W cavenzd lsy t�ia Security r , .
<br /> � � � caa+ or hssraReT a�t of tha pragerty.
<br /> . I�.�^�t.All of tha fomg�ing i9 refer�w in thie Security ansuumtnt ae the'Progarty." .
<br /> � BOFiRO�ti COVENAN'�`S t�ai Bonower is lawfully seised of the esmfs�eneby oosveyed sad has tka rip,�t to graat aad
<br /> � canvay tt�e Ptopesty aad t�t ths Pnope�y ie aamcuuibcnd. exapt fo:eaa�bzaace3 af r�ord. Bar,ro�ver wFU:ants aad vn71
<br /> � . i dafe�ad getterally t�e title to the�coperty agaiast all claim�aasS demands,subjxt w any ea�umbrasces of cocord. ,,; `
<br /> • .� � '1Y�9 SECLJRI'TY INS1gtUM�NT eombines unifarm covensata for satianal usa and noa�miform coeeaanta with limited
<br /> . 1 variatioa9 by juriadictian to censtiwie a uniform security;n �*Rent Cot e7iag leal pmgerty.
<br /> _ � �_i ..+ UY+IIi'ORM COV�[[dAF1TS.Bo�rowar aad Lmder covenaas and agcee as follows: when dus the
<br /> . �., � 1. PlPyffias�t uY Ptia�ipzl au$ Tntc�e�i's �P�Y�� snd Lste�ag�. Bmawer sS�ll pmmP�Y P3Y -
<br /> _.. priaclpal of ea�intansi an tlts dabi�vidmced by t1m Noia aad anY PnPaymcnt au1 lete chrarg�s due uader tk�Alote.
<br /> 2. 1EYm�far Tages and B�nr�a�.Subject to applic�ble law or to a writte�n waiver by Ira�der,Boiroaer aha11 pay to .
<br /> . . . . Iender oa t�e day monthlY PaY�ta ue dua uad$r the Note,until ths Note i�paid ia fiill.a sum(°Funde')for.(a)Ye�1Y mx�a
<br /> aIId assessmsnta whish may attain paoricy over this Secur►ty i* �ment as s lien on tl�s Propxriy;N)Yeatly leessdtold paymgnls j R
<br /> _ . . - - er grauad�nta on the Pmperiy,if aay.(c)Year1Y ha�d or gzoperty i�smaax pRmiums;(�YeariY flaod i�ttance Premiume� '�"�
<br /> �f e�y; (a)Ye�Y�rt8¢8e in.�uance premiu�s.if a�r:er.�(fl�Y�PaY�10 bY Bflrrower tfl Iender,ia accordanse ait� (
<br /> . the pravisioas of paiagr�p�8.in lier�of t�e payneat o;mai.gags�^maace grtmium9.'i)s�its�aze a+.�lr�°Esccow items." { ..�Y-
<br /> �en�er may.aq any time, collect aad hold Fuada in an a�unt aoi w exceed thc maxinaum amount a lender for a federall3+
<br /> . � related rn�tgage loan may requiro for Bosrower's escaow sccount undes tha gedesal Yteal F�1ate�?lemmt P�ocxdures Act at
<br /> l974 as amendad from fim�s to eima. 12 U.S.C.Sectioa ?b01 et seq.('RESPA'),�misss aanther lneu that apg3ies tu tha Fumic .
<br /> seto a lesses susount.If so,LEader may,at aaY tim�e. oollect and hold Fuads in aa amo�mt aot tr��coed the➢ssscr am�unt ;,�j-
<br /> ' I�adrt�y estimata tha amouni of Funds due on the ba.sis of cun+ent data and roasoswbla es�of expeadituep of f�ttue 1 f�t,,�:
<br /> Eecrow Items or attcerwlse in�s�dsmce alth applicable law. ��•
<br /> . •' 1t�a Ftmda ehall be 6eld 'm aa inseitution arhose da�usits are insuteB by a federal ag,a..:v, in..°trumaatality. or entiL� . ;...
<br /> --- - "' (includin�I.aader.if T�ender is auch an imstitution)or in my Faleral No�Loaa Bank.Leader shall apply the F�nds to pay tl� f='--
<br /> ---- Bscmw Item9.Le.ndor msy nfli cLarge Borrower for holding and aPP�B the Fu�.r�usIIy enaly7sn�Ih3�accaimt,or `� �,
<br /> '. � � verifying the Bscmw Item9,uatess L�dEr pays Bormwer iaterat an thD F�mds aa�a,���le 2aw Ferffiis Yr.��rb maYe such :�iF,,
<br /> . . � a charga Howaver.I,mder may roquire Btiriower w pay a oao-tims chatga for an'T�^�=:mbL�te t�:�ting seivice •''
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<br /> � used by I�endet ia conazction with tlne loan, unless applicable law gmvides otherr�:se. �`rzG��agr�'-°'�t is made or �---
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<br /> .+� applicable taw reqaises inoacst to be paid,Ie�der a6a11 not be requiped w pay Borrowes zny'-�s�.3 or�.'�an the FnnEs. �:_�:
<br /> , � Bomoarer anB I.�da m+y agroo ia ariting.howaver. that interesi ahall be paid an t�a Funds.I+ender eha71��P ta Borraw�r. �,,.—
<br /> � vrith�ut charga, an an�u�ac�untin8 of tha Fu�d9, ehoaing cmdita end debite to t�Funds aad the purpose for which each
<br /> 1 �` debit w the Fimds aaa made.'Cha Fuads a�gledgad as additional security for all sum9 secured hy�is Security Instaumeni.
<br /> � u IS the F�s held by Latt]sr e�xcoed tae s�uats pemsiued w 6e held b3+aPPlieabla laa►�ahall accotmt to Bosmwer --
<br /> � '` far the oxc�L';�ds in+ccc-"r'.3nca with th�re4uuemsata of applicabie law. If tha amount of the Fuads h�ld by I.eader at eay
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<br /> _;!'�; . .� Yia�i9 noi�-�3sieat to g:.�iun Fscrow Items whaa d:xer L�nder ffiay so aotify Bar��in writing.aad.in eu�cxss Borrower =
<br /> `f:�.;t"•�� � " z]}��ay t�Er�der dte r,�a�cecesssry w malce u�thr.deficimcy. Borrovver�II.�a]ce up the deficie�-y i:�,co moiv than
<br /> � .. '_-• cr::re moa�;I3���cs�C.'.or'e sol3 disaretion.
<br /> . K Upon pr��t in fiill of all sums ctc+.-sd by tbis Security Instrumeut, Leade�eh9ll promptly mfimd:� Borrower�ny
<br /> . �� F�ds held by Yrendet.If.�der paragra�.;.Zl.Lendea shall acqui�re o:sell the Prope:ty.Leades.Prior w the acqui�aon or sste
<br /> ��;. cf tho Property.eha11 aPP➢�'aaY Funds held bY L�nd�s at tha tima of aequieition or sale as a eredit again.��t ths sums se�red by -
<br /> �,':i;�,�. . y�� thia Securit3+Instcumr��
<br /> :; ;:'�. . � . 3.Applteation of Pay�eab.Unles9 applicable law p:+ovidss otheiwise.sU paymmte rxxivmd bry+Leadsr cr�,3ar paRg�pho
<br /> 'i;:. t c es dua under the Note.se�oad.W amouats payable under paragraph 2;
<br /> • . • � 1�nd 2 slnill�e tpplied: fiiat. W anY PnWY� �8
<br /> ;,,,.:,"., � third.to in4erest dae:fourth.to pria�ipal due;aad 1ost.ro any l s t e e h a r 8es duo under thn Nota
<br /> �-.'��a;l:: . �� 4.Chsu�rs;Lia►�. Eonower ehall pay all taxes.aqsesqmenm,chugrs, finss and impositions ariributable w tho Pmperty
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<br /> �t�f'. �� �isich miy attsin priority a:ez this Securiry Insuumcat�and leasehold payment�oz greuad rants�if any. Boreower WY
<br /> the�e abliga�ioas in the m�nner provided in pacagraph 2.or if noi piid in thst mwner.Bomower ehill psy them on time diractly
<br /> � to tli�peieen oaed paym�t Bonower shall pmmptly fumislr to LeaBer�11 notices of amovnts w be paid uuder Wis pusgnph.
<br /> � � If Bon+�wer milces these paymr�ta directly.Borrowcr ehaU promPilY furnieh w Lender recei�rs evIdencing the paymcnte.
<br /> ' • Borrower shsU prompllY di9c1�ar8e�nY lien ahich has priortty over thi9 Security lnste�mersL v�1�s Borcower.(a)a8ras ia --
<br /> � • writiag w the psyment ot the obligation socural by the liea in a m�aaer accept�rlo w Lender;(�s�c�ateate iu t�od fai3h ttte lisn __
<br /> . � �:`,•; '.�. or deF�ds agaiast eafoncement of tho lien in. 1e8a1 Pmce�dia88 which in.tiu: Icnder's opinton o��ru; w preve�t tho ==
<br /> � ," t,i>,� enforcemrut 2r the liea;m(c)secures fra�the holder of the lien r�u�,.�--aemeai c�.;sfactory w d.eader subotdinating the llm W =
<br /> � � ' th�Sccuri4y T�a3tumeaL If Iender dot�iaes Wat aay part of tEte IR?��+ig s�.abjeci to a li�atrich may�ttain prio�ity over �_..
<br /> � �Security Inauumeat, L�s:tt zaaY give Bon+ower s notice id�if'ys�ii;.:ii�x.8onower eball satiafy tha lien or talce one or
<br /> ,'�,-� • � � more oY the utions sei fani�s�.ova aithin 10 daye of 8he giving of e�:i�. ���
<br /> . � .:. 114- 2J�85
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