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<br /> ��� . TOOE'ftiBR WITH ull tha impsavementa now at hereatter erected an the prop�rty, and nll easamenta,
<br /> appurtenances�and Ptxtures nacv or hercaQter n psrt oP the proparty.All replucemants nnd addltiona ehnll alsa ba covered �
<br /> � by thie SeeurIty InHtrusnent.All 04 the foeedol+ng ts re4erred to in thie Security Insteumentae the"Nroperty." ,r
<br /> � BORROWER COVENAN'CS thnt Borr�cver ie lnwfupy satsedaf tha estnta herebycoaveyed and hns the rlaht 4a ,yr_„
<br /> � Bront ond sonvoy the Property nnd thnt tha P�operty ia unencumbered,except tor encumbrenec;s o4 tecord. Bore�w�r ..,,;�
<br /> ' �vnrrenta nnd�vlil defend genernlly the titlo to the Property agc�inst all cluimR and damunde,subje�t tn uny encumbmr,ces ji7��
<br /> ot record. °•
<br /> TEiI3 SECURITY INS1'RUMENT com4sinu�v u�iforrn covenanta for nnttonnl use nnd rnon-uniforcn cavenflnts cvith
<br /> � limited variattons by jurt�dtatton to constituta n uniform secudry instrument cover�n�real property. _ --
<br /> • ° �� [JNI�ORM CI�VBNANTS.Borrocver und x.ender covenaat nnd ap+ee os followe: ;' -1
<br /> � ���'; L Paymoat ai Peinaipal aad Intereet; Prepayment end Lnta C6urges.�orrowec shall promptly pIIy when due _
<br />� ��„ tha prInclpal of end interest oa tho debt evtdenced by tha Note and any prepuyment und lata chnrgo3 due undar the Note.
<br /> � ' 2. Funds tor Tax�a end Insursaca.Subject to uppltcnble lu�v or to n written ws►tver by I,ender.Barrocver ehall '��
<br /> n�r to Lender on the dny monthly payments ara due undet the Note,until the Note is p�Id in tull.n suri►("Funda")for. 4�"`
<br /> . ; �a)yeurly tnxes and assessments which may sttuin priodty over ttuo�scurity Instrument E►s a lien on the PropsrtY;(b) _'_z_._
<br /> ._„ . - yearly leusehold paymenta or�round rents on the Property� it any;(c) yearly hnztud or property fnaurunc�Prem�uma; �_
<br /> ��. �' (d)yeurly flood tnsurnncci prert►iume�i4 any;(eI Yearly�ortgage insurance premiums. itany:ond(f I uny euma puyuble �:---
<br /> � e insutanco i�:
<br /> „ ` : � by Borrower to L e n der�in accar d a nce svi t h t t ne p r o v i s I o n e o f p u r a g r a n h 8,t n l l e u o f t h e p a y�n e r�t o f mart�o g i__
<br /> premiume.These items are called"FscroN I�ema."Lender may�at any time,wllect and hold l�t�da in ria umount nat f',
<br /> r to eaceed tha meslmum umount a Icnder 4or a tvder�3ly related mort�ge loan may require for Borronc�'�s escrow �:�.�
<br /> ��� account under the federel Real F.etate 5ettle�nent Proc�dure,a Act oi 1974 ns amended irom time to time, 12 U.S.C. �
<br /> h :; Seation 2801 a?seg.(°RB�pA°�.unle�aao3her!aw tht��a�+plies to the Funda seta n lesser amount.If so�Lender may, �_�
<br /> g� at any time�colloct and hold Funds in an�naeunt not to exceed tgeeless�r amount.Leneler fna estimata tho amount of F...___
<br /> ' •• �`� Fuads due on tha baels oi cimesit dntn ond��asanabl�estimste.a o4 eemEndixures af tutun F.scr�w Items or otherwlse in �-
<br /> %' accordf►nace with appltcnblo law.
<br /> ►
<br /> '����� The Fuads ehall ba held in eti inatitution whosa deposIts are insured by a feeicral agancy,inatrumeawlity�or endty _ - "
<br /> '::,;,;�'�,.
<br /> (includin�Lender�if I.es►der is such an e�stitution)or tn aay Fedetel Hame Loan Aank.Lender shall apply the Fuads to r
<br /> ' ' pay the EscroH Iteme.Lender mny aot c harge Borr�wer for ho i d i n$a n d a p p l y i n�t h a F u n d e,a n a u a l l y a n a l y z tn g tha �
<br /> eserow nccount�or verifyIng the Fscratv [tems,unless I.eader payn Borrawer interest an the Funde aad applicable law F__
<br /> �''' �Sermita I,ender t�o meke such a char6c+. 3iawever. Lender may cequire Botrower to pap a oae-ttme charge tor an �-�--
<br /> • •,�:'
<br /> '' �ndependent teal e�te wx reporttag servica used by I�ender in coz►nectioa with thts toan,unle�s upplicable la�v provIdes ��, �,,;�;N'
<br /> otherwise.Unless an egesment io made or applicable law requiees tnterest to be paid.Lender shel!not bo.r�quired 40 =__:
<br /> pay Borro�ver anY interest or earaings on the Fuada.Borrower and i�ender may agcea ia wrldng,however,that interest
<br /> �.�t w�,;,��!rn tl��F:s:t�°.I,,,^�„��?tt��P tn fiorrower,without c::ars;e.tsn anaual accoundn�;oi the Funds.ehowing
<br /> " � cre�its and de6its W the Fuads nnd th��urposo for which each debit•to the Funds wea made.The Kunds sre piedged as�
<br /> ,J�,, . : eddltionel seeuritY for oll au�s secured by thie Securlty InstcumenG ���,�l a�unt w
<br /> ��tA If the Funda held by E�nder esc�ed the umounts pecmitted W be held by applicable law.
<br /> -p�:�u= ..,.�„� Borrower fot the egcesa�enc��ia accordoace vrith the t+equiremente of npplicable taw.If the nmounE of 4R�h�uads h$ld
<br />',, � by Lender at aay timo ia not suifictemt��pa tho Escrow Iteme Nhen due�Leader mny so notiYy Borrower ia writing,
<br />- �'•: ` :�r���•� � nnd�in euch cas�Borrower ehall pay t�d���'�e amount aece�ry W maslce up the deficier►cy.HorroNer ahnit maita
<br /> `-�.�-..,;��:,:'; , up tha deftcIenay In no mora thau rnetv�a rr,o^�thly payments.at Lender's sold dlscretion. --
<br />__:?;.';'•. .;•�' Upoa pflyment in fulf oi�ll sums secured by thie Security Inatrument.I.o�der eholl promptly refund to Horrov+►er
<br /> v:��,�����• an Funda held b Lender. If. under pnra�rnph �1, I.ender shall ncquire or se11 the Pr+operty� Lendez, prtor w tho
<br /> '�_-'".' ncquleitlon or eale ot the Properry�shall epply�u►y Funda held by Lender at tho time ot acquIeIdon or e�ue us u credtt
<br /> '�,.;�"�';,,::,��; agaiagt the sums seaured by this Security lnstniment.
<br />��=�:z''f•�_ 3.Appi�sution o!Paqrnente.Ualess applicoble luN providos otherwIsa,all payments c�eceived by Le�tder uRCer
<br />�;_���::_x.� paraIIraphs 1 and 2 ahWl bo npplied:tirst,to aay pre yment charges dua uader the Note;ser�nd�to amonate pnyni�le
<br /> ��:
<br />��;,.!t� ��� under paraguph 2;third�ta intereat due;tourth,to p ncipal due;and 1eat,to any lata charges duo under the Ne�ts. —
<br />�,y;��--=-.��r_ 4. Chsrgast Lieag. �OftON81'BhElII�13►OII mHC9. e�esementa� charges�ft�es�d tmpoaitiona amibuitn4�le to 4he --
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<br />�r41, ,;�, , pe+operty whtch rnay attaia prIority over this Secudty I�strument� and leasehold payments or ground reats,it r�ay.
<br />::,� Borrower sha2d pap the�a obliguttons is�the manaer provlded ia pamga+ph 2,or tt not paid i�that monaer.Bore+��rer
<br /> �'� � ehall pay them o�time directly to tho�crsun owed paymen�8arrower shnll prompsly turnist�w Lendex al!nodc�c{!
<br />�'" <-�-t' . nmounte m be Fai�d under tl�is parugraph.I�Borrower mak.e.s thesa psymuats dize�tly.Borrowcr ehell promptly tur�aiiah _..
<br />�'`•'"„'.�•x,._ to Lender receipte evidenciag tha payments.
<br />��-�-�--
<br /> -- _._.._-.�_�� gorrr►aer ahe11 pmmptiy dischar�eaY liea ahicb has prlority over thie Security Instrument unle��3oTrower: a E- -
<br />='�����,�w agcees;n ariting to the paymcat ot the ob(t�atioa secured by the lies�ia a cnenner ecceptoble to Lender;(b)contests in --
<br />__�;:;,., ::. , i which ia tho Lender's opia�on W
<br /> ,,,,,�„x. . good fe�th the lten by.or dciends�IIeinst enforcement oi the licn in,lega:prmoeed nge
<br />�"-r'"�'° • , npernte to prevent tha enforcemeat of tho lien;or(c)secures f�rom tha holder of the liea an agi+eement sadefacrory w
<br />,�. ..;z: � . af the Property�sewbjoct
<br /> � � Lender subordtnating the 1iEn to this Security Instrumca�It Lender dotermines thnt nay pt►ct ___
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<br />*�:;;`,� ' so.a lien Nhiah mny ntmin priortty over this Security Inetrument,Gt�ttder m�y give Borrower u notica tdentifyin�r tha ___
<br />`-;�°��' , li�en.Borro�urs shall satisYy the lien or takt�ono or more of the acdons set 4octh nbova�vithin 10 days ot the givinB at _
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