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<br /> . ;' TQ�BTHEft WTfH all the impmve�ents nop�or hereafter erected on the pmgerty.��11 ease Qnu.aPPurtenaaces,aad
<br /> •• •� futtares uow or hereafter a part of the pmgerty. All replas�ments and additions shall also be cover� by this S�curary
<br /> . •� in.ctmment.All of the foregoing ls c�eferr�to in tLis SECUrity Instrumeat as the°ProP�Y•° �:
<br /> • • gORItO«IER COVENANTS that Bamower is lawhilly seised of the estaze hereby conv�yed aad has the right to�rant aud "
<br /> ` , coavey the Paagerty aad thaz the PmgeitY Ls uaEnsaimbxred,except for eacumbraaces of recard. Barrorrer�ranaats and�il1 �"_
<br /> . , defend geIIeialiy t$e title to the Progert�+against sIi claims ead demauds,su�jea to aay cnsumbranczs of record. �t_.
<br />--_--_.,. - __ 'TgiIS cFCt�t1'�I�1vS7'�RUMEIe1T cambiaes uniform covenanu for national use ansl noa-uaiform wven.aa!s with Iimited �.:,:
<br /> � varlatia�s by JurisdlcxIon to caa�ritute a upifor�securiry i�struffient ooverin8�P�F�Y• .
<br /> � • . UIVIFORIyi COVENAN'I`8.Borrower and Leader ooveaans and agn�as fol!ovis:
<br /> • . - 1. Payra�eni of�[csi��l ssi�Ia�ier:�: �e�aya.n3 c�rtd l�a42 Ch.ar��. Bomo�ver s3iali proirptly pay �vhen due t�e
<br /> ��'r. p�i�a1 af and fint��t cm the dcbt evl�l.,-nted tsy th�Plote aad unY Pre�ayrz:nt a.IId lass�arga�d�e�nc�ee th�Note. E
<br /> `'4'' � 2. F1►m�s fcr Taxes uu�Ias�aace.Subject to applicable law or co a written waiver by Lendsr,Bflrro�tier sh�ll pny to
<br /> ' � L�nder on ths day m9nthly payments nr�due uader ths IVote.�snW ttze Note is gaid in fie11.a sum(°Funds"�for.(a)yearly taxes �_-
<br /> ' . . • : j and essessmsnta c�h!c6 may sttain pstoriry over thls�ecurity Pnsuuffient ag a l Ien oa t he P r a g e rt y:N)Year ly leas e hQ l d p a y m$ats =
<br /> . t � or ground cents am the Froperty.Ig any.(c)YeaTt3+tiazard or pmperty ias�.uaace presaiums:(d)Yearly flood insur�r�r�e premium9, -
<br /> - -��- if auy:(el Y�Y�#��{usur��premiums. If any:2ad(f�any sums payable by Botmwes to LeSder. In sc�rd2aee wIth
<br />. . � ttie provisions of g.aragraph$,in lieu of the payment of mortgage insuransx premiums.These items are called'Est�rau+Item�.° °
<br /> . • � •��- L,eader�ay.at anY time,collect aad hotd Fuads ia an amnuat nat to eacoeed the maximum amfluat a lender foz a federally —
<br /> � relsud mortgags loaa may req'uire for Borrower's essm�v Eocount uaQer the federal Real F.state Settlement Prooedare,s Act of
<br /> . . 19T4 as amend.�fmm time to time. 12 U.S.C.S�ti�a 2601 er seq. (`RESPA"),unIess�¢ua�er la�v that applies w ths Fundn
<br /> �5 sets a lesser amoun�If so. Leader may, at aay dme.collect aad hold Funds in aa amauns r.nt w exceed the lessei amoun� -
<br /> • ' Leader may�.stimate ths amount of Funds due on the basis of cw�rent data and re�Bnab:e es3amates of exgenditures of futur�
<br /> ' • `i` Escraw It�s ar otttecwiss in accordaaoe witb agplicable law. `
<br /> �� The Fun.�s �11 1�reYd ia an instiwuon whose deposiu are iasuced by a fedetal ageaay, insuunasntality. or entiry
<br /> _�--..,.,.- C�luding Iead..r,if Le�dzr is such an insrinitian)ot in aay Federal�mc Loaa��k.Lender shall apply t�Funsls to pay the _
<br /> �scsew Itsms.Lender a�y�t charge Haasawer for tc�nldie,;and aggiyiag the F�s,annuallY an�lyung th�escrow account,or .-
<br /> �� . �, r-erifyIng the Bscruw Ite�s,�ess L�ea�er pays So��-�r inter�st aa the F:mds�sd�plicable law pe�mits L.er.�s to make such ..
<br /> ' a charge.However,lxnder cay requiae�orrower w pay a one-ti�a�harge for aa indeptndeat ceal estate tax repania�service _-
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<br /> � � used by I.eader in connoai�n with thas toan, naiess applicable law provides atherwise. Unlzss aa agrcement is made or
<br /> _:�;� -:-=.:� ' applicable law�ni�ss iax�t to be gaicl,Leader shall not be required to pay Borrawer any ant�est ar ea�nings on th�Funds. �
<br /> `�t:... _
<br /> __= Borrawer sud Lender ma�,�in writing,however,that interest shall be paid aa the Funds. L�ader s6a11 give to Barrower.
<br /> --_ ' • without c�arge.an anauF::zxouating of the Funds. showing credits and debits tn tte Fuads a4d the puipose for wl�ich each _
<br /> � •�� d�bit to the Fuuds was made.The Funds aie pie8ged as addiaonal s�z..*�!y for aU srms secured b�thLg S4curiry Instn�nt.
<br /> "�`s'-�-� r" 4f the Fuads held by Leader exceed the amoimLS permitt�to Yxe ha.3 by upplicable law,Lc4der shall accouut to Banaar�r
<br /> ;.�:, :...�.
<br /> �'r t;�`� '' foz the excess Funds ia accardana with the requimmeats of appli�:aw.If the amount of the Fuads h:ld by Leader at zay
<br /> `'�':"�.:.:'"`' dme is�xoi sutf cient to gay ttts Escroa Items when du:,L.ender may so notify�cr.�wer in vnlUmg,aad,in�case Borrawer --
<br /> �'�,;;:,.'�.,s..., rhall p�y to lcnder the a�,.-unt necessary w make�dce deficiency. Borro�e::���' maYe up the defici�r.tn uo mflra than
<br /> :_�t;�':�`•. ' :"'�.. twelve monthtY Payments,at Leader's�r_�discretion.
<br /> =�;.�'�"�'�e� Upoa Payment in fuU af a]} su.�,secvred by this Security Insavment, Lender sha11 p��-��.1y nfarai to Bnmower aay
<br /> �,�;,. �
<br /> ' '� �� F�ds tield by Lender.If,under paragraph 21,I.ender shall ac�uire or seA t�e Property,�.er.a�., @or to the sy,;vition or sale ___
<br /> � � ��f J'� of the Propercy,shall apP-;!az►y Fuads held by Lender at tiie time of acquisido�a-::ale as a cmazit agaInss�,.samg seraued by --
<br /> -�:;:w.�;�` ._. e�is Securlty Insuument.
<br /> -:�'�''?,,`'" 3.AppiIartion of r.�,y�mts.iJNess appiicable law pmvides otherwiss,��r�s;�ents received by I,ectder uader paiaagraphs
<br /> �.v;�4.-�'
<br /> -_--'u r.�c�� 1 and 2 sP�::i:�e agplied:fir��t.to aaY P�PaY���es due ua����e:�c::: w:ond,to a��:.�.�s payab2e uadM paragragh 2.
<br /> --=��`'�� third,to in'.��c due;fc�.�.�tL,to principal due;aad last,to any late c��,;��ue�:.,'_er ehe Novt.
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