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<br /> ' , TOilBTHEiEt WITFt oll tho improvcments ttaw nr herealZer erected on the pmpar�y,:ind cill easements.uppurtenanses,tuid ��•�-
<br /> �� • fixtures rtaw or hemaRer a part of tho pm�cny. All replccements and additlont� eh�►11 nlao t�� mvered by thia �e�ugiry (� ��--
<br /> ', ' Instn�ment.All c►f thc for.goi�a iK rcfcrrcd tu in this Sccurity Insteumcnt us tiic"Pro�s�:ny." � �';',
<br /> BOR[30W8Ei COV�NA�VTS thnt Burrc�wcr iR lawPolly scised of tlio cstatc I�cnOy ce�rncycd nnd has thc r{Bht to�nmt und �-'"'
<br /> convey the Property and tlut thc Pmperty is unencumbc�ed.except fur encumbrnnces o6'rtccard, R�rrowcr �vnrrantx and �•�ill � E�'"`�
<br /> ctcfend genernlly the dtle to�hv Prupeny ugc�inst All cluims und dcmundF,fiubjcct w anp cnaumbsranGrs of record. f 9 -
<br /> THI5 SECUIiITY 1 iVSPRUMIBNT cnmbines uniform covennniti for nuUonnl ue�o mu! �mn-uniform cRvcnunts with IimiteQ ,,.
<br /> �; variutions by Judsdictlon toccsnvtitutc n unifurni necurity instrument caveflnp rcnl proparty. _-__
<br /> '"; UNIFORM COVBNAN'd'S. 8orro�vcr und l..�ndcr cove�mnt nnd�grec s�.9 to!luws: �
<br /> � ' -��;• 1. Frayment af Rrincl�-�tl und Intcrc�t= 1'rep�yment nnd Late Chnrges. Borro�v�r sh�ll promptly pay when due the �`"�
<br /> .*�'� prirtcipal af urtd interest csn�he debt evldertced by tha Nate und any prepnyment nnd lnt�chtugas duo undet the Note. si"'-
<br /> 2.�nds fur Tax�and Irt�arnncc. SubJect ta npplirublc taw ar to a tivrEttan �v�ivar by Lend�r. Borro�vcr shall pay to {'..-��=
<br /> L,�nder on the dny monthly pagments are due under th0 Note,unUl the Nota iR paid in fuli. A 6LLf11('Funds")for:(a)yenrly taxes •:��=�
<br /> � ,• und nssessments which may nttain prior�Yy over this Sccs►riry Instn�mant as n lien �n d�a Pna�erty;(b)yeurly leasehald puymenta --__ -
<br /> or�round renta on the Property,if n►►y;(c)yenrly hu;utM or prapet4y insurunce pnemiumt�: (d)y eazly flood insutatce premluret9, ___
<br /> ' ' if any; (e)ycarly mongage Insururtce premiums, jf any;und(�any sums p�ynbla b�r Boa:solver to Lender, in accord�rr.ce wit� �:Y���_
<br /> q:: thp pmvlsions of pu:agmph8. in lieu of the payment of monBuge insurancc prerniumF�,Thae items ure cnlled"1�scrow Items.' K=o
<br /> "., ei;. Lendvr may,nt iu►y tlm�.col lect and hold Funds in an amount not to excced' tl�o mn�imum amount ct lender for a fodcrAlly __ -
<br /> ' _ n:lnted mortgoge loiu►m�y nxpdre for Borrowcr's escrow uccount undar tha fixforol dteal Estc�te Settlement Peocedures Act of _
<br /> '' .... 19'72 4s umend�d from time to dme, 12 U.S.C.Secdon 2801 et seq. ("It1ESAA"),unleas another law ti�nt npplies to tlte Fu�.ds �_
<br /> �� � '� sets a lesser amouns. If su,L..ender muy, at nny timo. rntlect and hald Fundn irt an aunount riot to excecd the lesser amoucnt, :__
<br /> ': � , 1.ender may estimate the �uaount of Furcda due on tha bnsis of current duta and �nable estimntes of expendIturea of future --
<br /> ,., �arrow Items or othenvi.se in aaordunx with applicublc law. �;:���
<br /> _... : � The Funds shull h�held ir� nn irtstitudan whoso depoaits are lnsur�zd bs�e tudvral a�ency. instnrmenWity, or entlty --
<br /> (includin� Lendur,if LeRdcr i s such un�nesjtutton)or in uny Fedoral I�IIuma Lonrt Bunk.Lender shnll apply the Fureds to pay the _
<br /> : � � Escmw Itsms. li�der may notc charge Bonrower far holding artd epplyiap tha Funda� Allilu311y 811AIt�8.ing the escrow eccflunt. or -
<br /> � . �. verifying the Es�nvw Items,unles�I.cnder pays Bc�rrowor intat+est on tha Fttnds s�rtd applics�ble law germits Leader to msike such
<br /> �• '; a sharge. However. Lend�nnuy require Borrower to pny A ona-t�mu r.hurge for an independent mal e�tate tau repArting service
<br />=` ����` • used by L.ender in connedlcon with this los+n, uNess appliaubla law provides othernlse.Unless an agreem2nt 1s made or
<br />"�'�'�•`•" � �" applicable law n.Quires interest to be paid,L.ender shall nat 60 t�equintd to pAy Borrower any lnterest or eumjngs on the Furtds.
<br /> �'=;�+��;•-.,.R,_ - Borrower and(L,�nder may ea�ce i�wtitin�. however. that interest shalLbu paid on the Funds. Lender sh�lt�ive to Borrower,
<br /> -��*'".:Y,�`;, "s�, without churge, .:n annua!ecewunting of the �unds, showing craltta and rJablts to tha Funds and the purpose for which euch -
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<br />�;;.�.,�� ...,.,.�,. debic to the Funds w�t�v muda.Ti he Funds are pledged e.c additionnl secur�ty frr ni[ su�r.�sacured by this Secudty InstnimPnt.
<br />�""`''��' • If the Funds hel�l by l.�r,{or exceed the amounts perm3tted to ba held by agglicn'blz law,Lender shall ctecouni to Borrower
<br /> ''"�'�����j'� for the excess Funds fn acrordance with the requimments of Appllcablu law. IF the amount of the Funds held by Lender at any
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<br /> �1���'�k,���''•� tIme is not suf'6i�.ci�nt to pay the R.scrow Itoms when due,Ixnder mny,so notify Sorrower in writIng. and.in such case Sorrower
<br /> -`�`�°r���° shall pay [o Gea�er the arno�nt necessary tn•msuce up[hn doficiency. Bnmower shall make up thc defictency in no mon tlian �
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<br /> `:'`'=,:�;::'-��a� twe��e monthly payments,�t Lender's sole discrtttion. _-
<br /> ==r:'�"'�" Upon payment !n full of nll sums secured by this�ruriry [nstnimert,Lender shall promptly r�efuad to�ormwer nny
<br /> --_ `°'"'�""8�' Punds held by Lender.IF,uncler parnBraph 21,I.ender shall acquire or sell the Praperty,Lender,ptior ea the acquisidon or sale
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<br />�;�}4��;����.:: .�, of the Property.shall apply any Funds hald bp Lender nt thc time of�cquisition or sale a.s a crcdit aEainst the sums secured by
<br />___:{_.,��, •�� this Security Irrsttument.
<br /> -�°`�=-="`�''-�-�'• �.Appltentlon of P��ents.Unless npplicable bam+p.rovld�otherwise.ell p�ymtntx roxi vcd by i.ender under par.�gcaphs
<br /> ���;;;'y�',�,� ? 1 nnd 2 shnll be upplied: fmt.,to ony prepayment cherge��tue under the Note;seconcl,to amoanls puyable under paragtaph 2; -°
<br /> -'" -�'�1 th3rd,to intera�t due;fourth,to principnl due;nnd lust�to eny late charges duo undet the Note. —
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<br /> --��� : 4.Chat�ssi���s• �wer shell puy all taxes,assessmentu,cY�arges.6nes and imposttions aur+butnble to d�e�roperty
<br /> , ---== which may ate�in prlodty over this Secudty Instrument, nnd leasehc�9d pAymcnts or ground renta, if any. Borrowcr sheU pny
<br /> ,z��� these obligntiona in the mamer provided in parngraph 2,or if not paid !n that manner. Borrower shnll pay them on timo diroctiy -
<br /> ;���. to the person owed pnyment Bor�ower shall promptly fucnlsh to Lepder ni! notices of nmoun� to be.pntd under this parngtaph. �
<br /> �,<;� . If Bomower makes these payrttents direcNy,Barrower shu11 pmmptly furnish to Lender receipts evidenc[ng the:payments. —
<br /> - --- DUrrower xh:►lt pro►np�ly discharg�any lien which hes priority over this Sacurity Inatrument unlcss Boreowcr: (a)a�r�!n '�
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<br /> ��g ��;s wdting to the�+nyment of the obligation seci•ire�by the lien in a mnnner acceptabte to Lertder,(�)ocPntesta in qaod taith the lien
<br /> -�-1����".' by. vr defends against ex�forcement of the tien in, tcgul proce�dings �vhich in the Lender's op;nion operute ta prevent the .�....
<br /> _,;�;�t}t • +,�s�aY ; enforcement of the lien;�t(c�secures from tha holder of the licn an agrcement gntisffudory to Lcnder subordinating the Ilen to , �`:
<br /> �R�� ���--�• � thls Secnriry I,nstrumant. HtGcnder determines that uny part of the Property is subject to a licn which may attain priority over �`,.,:
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<br /> - _, :=rr;�;� � this 3ecurity Imstaament, LencRer moy gfve Borrower a notice identifyic�„s the lien.Borrower shall sutisfy the lien or take one or
<br /> ��=r;��';��2 � more of the aotu�ons set fo�tlabove within 10 days of the giving of notucc. --
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