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<br /> ;,,+,�� 7Y70STHBR�IITH utl th�Impraveirtenfa narl or hereafter ercct$d on the pmparty.and a!I eusements,appurtenonc�� und �"
<br /> ° tlatuec9 nuw on c�reaRer n part of the praperty. All replaoement� wed udditfons shall olso b� covered by thla Seeurlty �
<br /> � iastrument. All af thc far�gat�g Ia rcferrcd ta in t h ia Stcu r fty lns trume n t a s t h e"�r o i s�rt y.°
<br /> ' �pRi�qW6Et CpV�3NANTS thnt�orrawer ia lnwtURy�1Eedof the estnte hereby�nnveycd und hn.g the right to�mnt nnd _
<br /> �� canvcy the PrapeAy nnd that the Praperty ia uncrtcnmber�d. cxcept for cnrumbmrtccw of ra:ard. 8arrower wanw�ts nnd wili —_
<br /> defend penemlly the title to the Pm�rty agni�st aii cinims und demartds.subject ta nny encumbrnnces of recard.
<br /> �' ` 'CHIS SECUt3l'I'Y itdS'�rtqM&Pi'i'cu�rbinc�uc�tfon covcnant� for nntionti+l use nnd nnn-milform rovenant�with lim.ited :�
<br /> _ vurfatinna by jurlsdtction to canstituts�n unifarm s,ecudty instrument covering rcal propectY.
<br /> }}):;f�`"_' UNIFORM CO�BNANTS.Bamower und Lender wvenant und og�ee n.g follmvs: when due the
<br /> 1. Ps►yrnte�tt o!P�ncipul and Intcnstt PrepBymEnt �nd LatQ Chctrges. Barrower shall prompdy pay
<br />-���-�^-. • prirtcipal af and interesc an tlte debt�videnced by the Note nnd any pre�ayment und lute charpes due under the Note.
<br /> ;, a-��• Z.Fttnds Par Taxes a�d insurattce. Subject to applicable 1uw or to A�vrltten .vntver by I.ender. Borrower shall pay to
<br />: :-;:. Lender on the day mac�tidy p�yments wr.duc under the Notc. until ihe Note ia paid In full.n eum("Funds")for:(u1 ye.�r1Y tsuces _
<br />-'!''��"�'-' ' nnd assessments whtch mny nttuin priority aver[his Secudty Instrument os u lien on the Property:(b}yearly leASChold pnyinenta
<br />-:""s:'�� or g�aund c+ents on the Property,if uny:(c)Yeurly huzard ur pmperty insurarcce premiums:(d)Yearly fload insurunx�ammiums,
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<br /> ;:�;,:�;;� If nny: (c)yeur�y mortguge insuranoe premiums.if uny;nnd (8 any s►uns Rayuble by Borrower to I.ender.in uccordunoe with
<br />',��;41��;, the provislons of parogr.iph 8. in lieu uf the payment af martgagP insumnce premiums.These items ure cxslted"Bscrow Items."
<br /> _�.��°_ ��e7�y� ��y tfrtte,oollect and hold Funds in an+imount not ta excead the ms+aimum umonnt u lender for a federnlly
<br /> =_:"r���+�� reluted mortgase loa��muy requlre for Bore�awer's escww accuunt urtder the federal Real E3stute Settlement Proaedw�es Act of
<br />_�,��� 1974 as�mended fc�om time to dme. 12 U.S.C. Stctton 26Q1 et sry. i"RE�PA"y,unicss anaiher la�y thut npplirs to �hn Funds
<br /> ---�°� sets u lesser amount.If so, �.e�er mny, nt any drtte. aollact end hold Funds in nn umoant not to eaooed the lesser amount.
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<br />�_'�..,.y��� Lender m�y esucnute the umowa of Funds due on the 0asis of currer.t datn und re,ssonable es3imates of expendinues of funue
<br /> '�"-°-'--- Escrow items or othenvise in nxordanoe with upplicuble In�v.
<br /> ,:;:�;�� 'ft�e Funds shu11 be hetd in nn institudon whose deposi�s ere Insured by a federnl ugency. inst�umenmlity. ot entlty
<br /> _�:`�� (incladins I.ender.if I�ender is such cui instituUon)or in sny Fodcral Home Lonn Bank•1-ender shull apply the Furtds to puY tha
<br /> --- — Escrow[tems. Lender may nat c h�e B ormwer for ho l d i n g a n d a p p l y i n g t P e e F u n d s.ctnnu�ll y nnal yzin g the escrow aaoount.or
<br /> -� _,� verifying tha Escrow Items,unless Lender pays Aorrower�nterest on the Funda�►d applicable law pem�it�Lender to nwke such
<br /> u churge. However.Lender may require Sorrower to pay n oae-¢Ime churge for an jrtdependem real estate tax reportfing sen+lce
<br /> � used by Lender in oormectton with this lo�ut. unless appl�cuble low pruvides othetwise. Unless un ugreement is made or
<br /> - _ appltcat,'re law requires interest to be paid. L.ender shall not be requirod to pay Bornnwcr any intet�est or earninga on the Funds.
<br /> � Botre�aa�r�and Lender mny ag�cz in wridng.howcrer.tt�ai tnrr•,st sha!!!s�psls!on the R��n�s.I.eader shall�ive to i3krmower. __
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<br /> withnut chnrge.an annual ao¢oundng of the�unds.showing credits and drbits tn the Funds and the purpose for which each
<br /> debit to the Fun�ls was made.'the Funds az+e ptedged es additioncsl secudry far ull sums secured by this Secudty Instctunent.
<br /> - If the Funds held by Lender exoced the nmaunts pemutted to be held by uppltcable law.I.ender shali aocount to Bomower
<br /> for thc excess Funds in ao�ordance wtth the requirements of ej►p(kable law.If the umount of the Funds held by I.endcr at any
<br /> Ume is not sufficient to pay the Escrnw Items when due,Lender may so notify Bomower in wridn�.ond,in such cuse Soa�r�qwer
<br /> sholl pay w Lei�der the umount naoessary to make up the deftcaency. Borrower shall mnke up the deficiency in no mn�d�an
<br /> � twelve tnontWy paryments,ctt[.ender's sole discnetton.
<br /> Upon payment in full of all sums secur�ed bY this Security Instrurrtent. Lender shall pmmpdy refund to 8ormwer mry
<br /> - Funds t��ld by Lender. If,under parn�uph 21.[,ender sha11 aoguire or sell the Propeity.Len�er.prior to the acguisition or s;Je
<br /> = of t�e!Pa�aperty.shall npply any Funds hel�by Lender nt the tinme of aoquisidon or s�le as n credit ngalnst the suma secur+�d by
<br /> th;s�c�rlry Insuument.
<br /> 3.Appticatf¢ta of�+yments.Uedess applicable law provide�otherwise,all payments received P I.et�d�'undcr petagtap�s
<br /> I anc12 shall be a�lled:first,to any prepayment charges due under the Note;seoond.to amounts uyalole under pacasrap
<br /> .,...� third.to interest due;fourth.w prinr.ipal due:and lost.to uny late charges dua vnder the Note.
<br /> - ' �.C�ges; I,(eay.Bcuroucr Thull pay all wxes,assesscte�nts. char�es. fines and imposidons nttrlbutable to thn PmpeYty
<br /> --` - whtch may attuin privrity over th[s Sawriry Instcument, und 4a:nsehoid paymenis or groun�l rents. if any. Ror�+owe.r shi�11 pay
<br /> - - - ---- - � thcse obligations in tlie munner provtde3 in paragr►ph 2.or if not paid tn thnt manner.i3arrower shall pay thcra on ticne dir�xtiy
<br /> ' to the person owed puyment.Borrower shall prcempiiy fumish to Lender nll notices of amounis to be paid under thi�p�arag►aph•
<br /> - if Dorrower mnkes these puymeau diracdy.Bor�sver shall promptly fumish to Lender oaceipts evidencic�the p3y
<br /> $prro�ver shall promptiy d.�scharge any lien wt►ich has pris�rity uver this Seaerity Instcument un(ess Borrowei:(a)ag+ees in
<br /> wtits�to the payment of the obtigarion securad by the Nen in�manner Qooeptable to Lendar;(b)oontesss in gciod Cai�h�tlie Ilen
<br /> - —� oy, u� �fc�n�s��is�ct caforce:^.ent �f s.hP�iPII ��, ieont pn�ceodintts which in the Lender's opinion operate w p�event the
<br /> enfoxoement of tt:z lien;or(c)secures from the holder of the lien an agn:�►ent satisl'tu:tury to Lendcr suBanaivaliq;the iicn co
<br /> - = this S�ulty Iasuument.If l.ender determines thnt any part of the Prope�+ty is subject eo a lien which muy ntwln priorlty over
<br /> (h{5�Jf 9ty Insttument,Lender may atve Borrower a notice identifying the lien. Sorrower shall satisfy dee lien or talce one or
<br /> - = — mon:�. J�e netions act forth above within 10�dnys of the givin�of rtottce.
<br /> --— Facrts 3028 8I90
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