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<br /> TOLiETtdER WITN all the improvements now�ar hereafter erected on the praperty,nnd ail easements,�ppurtenances.and •
<br /> fiatures now or hereafcer a pare of the prnperty. All replacements and ndditions shall also be coveeed by this Scaurity
<br /> Instrument.All of the forcgain�Is referred to in this Secudty Instrumene ag the "Propeny." ' •
<br /> BORROWBR COVEhat the Prot rty i unencumberedseixccptf foreencumbraneea of reco d B n wer varrants^-dtW1d
<br /> �� convey the Property und 1�
<br /> „ , dcfcnd generslly the title[o the Propeny Agnlnst ull cluims and demands,subJect co any encumbrances of record. .,
<br /> THIS SECURITY INSTRUML'NT combines uniform covenanta for nadonal ase and non-uniform ccwenranta w+ith limitcd ,`�`
<br /> variations by judsdiction to constitute a unifarm secudry instrument covering real property.
<br /> UNIFORM COVENANT5.Bonawer and L.ender cavenant and agree as follows: g When due the � •• :
<br /> .. 1. pa y ment ot 1'rincipal and Interesti PrepeYment and Late Char�es. Borrower shali promptty P Y ;_.:,,,
<br /> �:;.,..�:�
<br /> � principal of aad intorest on ttte debt evtden c e d by��►`�N$t e'��i��or to a w r i t en twai e r�bydLendere Bartower sh a l l pay to j � �,
<br /> 2, Funds for Taxes and Insurance. Su j PP "'''�
<br /> 4"G__.__
<br /> '" Lander on the day manthly paynients are due under the Note.until the Note is paid in full,a sum('���°��°�eho d ayments '°
<br /> � � and assessments which rauy attain ArlQr�ry over this Securiry instrume in��ce p emiums:(d Y+ea�Y,flo°d I�sanr+��Q p miums, __
<br /> or g r o u n d r e n t s o n t h 6 P r a p e r t y.if an Y;(c)Yearly hau+rd or propertY —
<br /> if any: (e)YeaT1Y mortgAge insurance premiuma.if an f rt(a insuran�pr b���.l.hese items ute dcalkd "F�.SCrow Items� _
<br /> '' the provisions of patagraph B. in lieu of the payment o 8 � _
<br /> - ;� Leitder may. at any time.collect and hold Funds in an t�r►ount not to eaceed the maalmum amoun�a l�nd�r for a federally --
<br /> ' related mortgage toan may iLO°ime,�l U S C.tSec on�26Uc1 er se9• (eRE5PA").unless another taw thatepPl�aa che Fcunds .
<br /> �� 1974 as amended fmm time
<br /> � �� sets a lesser amaunt. If so, Lender may, at any ttme. cotlect and hold Fuads in az►asr►uuat not co exceed tE�e lesser amount.
<br /> �� '° Lender may estimate the amount of Funds due on the besis of current data and reasoaable estimatea of expenditurus of future _
<br /> " °� �' Esemw Items or othenvise in accordaace with applicable law. _
<br /> instrumeatality,or entity
<br /> `. 'I`he Funds shnli be held in an inetitutton whcnse deposits arc insured by a federal agency. 1 ��Funds to pay tHe =_-
<br /> � f��' (including Lender.if i.ender is such an institudun)or nn nny Pederal Home Loan��•1-ettder shall app y =.m,
<br /> ��``; Escrow Items.L.ender may not charge Borroaer for holding and appiying the Funds.annually anelyzi°�.tl���OW�O�t. or
<br /> ':{A�."i, vedfying the Escrow Items,unless Lender pays Borrower interesc on the Funds and apPlicable law permatsl.ender to mak�rvice �
<br /> " a charge.However,Lender may recl�ire Bonower to pay a one-time charge for an iadependent real estau�ax eP���ade or
<br /> � used by Leader ia connecdon with this loan, unless aPP�icable law provides otherwtse. Unless an agree
<br /> ;s� �, Borrower any interest or eaminge on the Fuada.
<br /> '''� � �� ltcahtc l�tt reqttiTeg interest to be paid. Lender ad�ll not be required to pay -
<br /> �..: ,.:' +�G
<br /> •'�,b_ gonower and Lender may a�ree in wdting,howevor.�hat interest shati bc p�t�on thc Fua�s.Lend�� �1°���for which each
<br /> . . ,�,�:��;Jr':i, wlthout charge. aa onaual accountiag of the Funds, showiag credits and debit�to the Funds and the Ptl�P �tniment. —
<br /> ' ' '��'�'Y � debit to the Fuads wes made.The Funds are pledged as additlonal security for all sums secured by tbts Searlty
<br /> • If the Funds held by Lender excced We amounts permltted to be held by applicable law. Leader staa�ac.count to Bottower ,;'
<br />�` • for the excess Fuade iu acoordance W��►�e r�9�m�"�of applicable law. if the aniaunt of the Fuacls Feld by Lender et a�ry _�
<br /> :'';,4,° time ia aot suffictent to pay the Escrow Itema whenduo,Lender cnay��8 gh�1e��e P<<���������e Borcm�we�r _-
<br /> �•���� to Lendet the aatount necessary w make up the deficiency.
<br /> .,J;: ahall pay
<br />- twelve monthly payments,at Leador's sole discretioa.
<br /> •'� � Upon payment in fu11 of atl suma s�2�oder shall acquire or seUect►e PropertY hLeader,pdor t�e eWu it on or sate
<br />- � Fuads held by Lender. If,under parag p
<br /> _. ����'< ' of the Property.shall apply any Funds held by Lender at the time of acquisition or sale as a credit agaiasc tbe sums secured by
<br /> - ,;{:,r��.
<br />- ,�,�a,:,z this Security Insmmaent. —
<br /> � � '`•�' • 3.Appitcution of Puyments.Unless appll�able law provides otheiwise,all payments recelved by �eader uader parag�p�s
<br /> —�.�.". ��.-•°.�. it�l;t3rst,to any prepayment charges due under the Notc:secoad,to amounts Payabie uader paragraP
<br /> _ . �. . �„ 1 aad 2 shall be app
<br />_*' �� ° � third,to interest�u�;fourth.tr�rincipal due;and last,to aay late charges due uader tbe Note.
<br /> � • '� '' 4.Churgss��+I.le�•B+on°�'er shall pay ell taxes,assessn►ents•chaxges.fsncs and imposidons atedbutable to the Pro1�ertY
<br />_ <r`�r" ,
<br /> which mAy attain prlority over this S�ecurity iast�um�i•o�f noet p d in thatnmuaner,Borrower svaU pa�ttiem onWinasdiff�tly
<br /> - �r these obli�atioas in the manner provtded in paragr�s Yn h.
<br />--` . . to the personmatcea the.yse paymenta directly�Borro er ah I prompt,yndfi rnish o I.ender rece pta evid ci�B�►a PaYn►en� P
<br /> �:, � If Borco _
<br /> �-e-=�-..-a ����wer shnti gcvu�pdy c�i�charge se►y llen whi�h has prioritY over this Setwity Instrument unless Boimwer:(a)egrees ia
<br /> =„ ;,:R, .
<br /> > writing to the payment of the obli�ation secured by the lien in a nuuu�er acceptable to L�en3=r;(b}con�fus =n 8�I f'�Ith tl�c�`�'i =_
<br /> i. . ;5,,,
<br />-'"�- t"'' , by. or defends against enforcement of the Iten in.�egal proceedinSg W1�ich ia tlse Lendar's �pfnion opecate to prevent the
<br /> �:,��.;
<br /> ° ��' riodry over
<br /> 4 enforceutent of the Iten:or(c)secures from the holder of rte f���m ists b;�t�co a iieni vLicb mrsy attala p � en to
<br /> ' •�_ . this Securtty Inaerumetu• If l.ender deter4�ines that any p P rtY j
<br /> �S�� actions set forthnabov wlthin 10 days of the giving of notice.�e lien.Bomower shall satisry the lien or take one or
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<br />_ -`� �y more of the • Form 3028 ��so
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