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<br /> T4t3BTH�'It WITH nll thc imprnvcmcnts nau on c�renRcr crectcd on thc praperty�nnd nll cascmentn,nnpurtcnanccs,nnd
<br /> 8xtures Row on c�r�nRer n plit at the prapsrty. All repincenunts �nd ndditions shnll niso Qse cnvcred by thia Security
<br /> lnstcument. All of the i'orcgainII ia rofeRCd ta in�hiR Sccurfry Instrumenc ns tho'Propeny.'
<br /> aORROW�R COVENANT5 thnl 8orrowcr is IawPotly selscd of thc estate hereby convcycd and has thc riBht co�rant und
<br /> I canvey the Pcopeny tanQ that the Pmpeny ia unencumbemd,except for encumbrnnces af rewrd. Bono�ver�vnrranta end�vill
<br /> defend gen�rnlly the titie ta the Praperty against all cluims nnd demnnds,aubject to nny encumbmnces of record.
<br /> THIS SECURITY INSTRUMENT combincs anifonn covcnants for uatiunal asu autd non•uniforu�wvr.��t�us wlti�1t»iiccd
<br /> �• varfutiana by judsdiction ro constitute n uniform security instn►ment coveHna mul propeny.
<br /> � UNIF012M COVBNANT3.Bflrrower and l,.ender cavenant m►d Agree us follows:
<br /> " --j•' 1. Pnyment of Princi�nl uaid lnteresti Prepayment and Lnte Cknrg�. Borrowcr shnll promptly pay when duc the
<br /> principnl of and interest on th�debt evidenced by the Note nnd nny prepayment und Inte char�es due under the Note.
<br /> 2. k�nds[or'Puxcv and Insurnnce. SubJect ta npplicttble luw or to u�vritten wnivcr by L.endcr, �orrowcr shnll pay to
<br /> LeAder on tha dtiy monthly paymznts ere due undec tha Noto.until thc Notc is paid in ti�ll,a sum("Funda")for:(a)yeariy tuxess
<br /> ' , � amd axse.vsments which mny nttaiu pdoriry over this Secv.aity Snstrument ns a lien on d�e Prop�rty; (b)yeurly lensehold puyments •
<br /> or Q�sund renta on the Property.if any:(c)Ycruly haz:uni!err�roperty inaurunce premiums;(d)Yenrly Aoos1 lnsurunce pcemiuma.
<br /> � "�� iP�,*�y; (e)yetuly mortgage Iasurnnce prem�+���rs.iB any;�.��1(fl any sums puynble by Bornawet to Lender,la aocordance with
<br /> � . �.''� the pmvisions�G P�S�Ph 8.ta lieu of ttre gn:,ymeaat o�mo�agage lnsua4^aa�pnemiums.These items are ecslled "Escrow Itema.' f'
<br /> , , � l.end.�r may,a3 a,�y time. collect aad hold Funds in�s�uunt not ¢�enoeed the maRUnum aznaunt a lender for n fed�tally
<br /> � rela�¢�mortgq�e IQan may rr��rE for Borro�ver's escr�w aroount under the fe�der� G�eal Estete Saalement Pcncedures Act of
<br /> :�� 1974 as amend�from tim2 Bo eie�B, 12 U.S.C. Secdom 2�1 et seq. ("RESPA'),�9:�s aaother luw[6at applies to the Nunds
<br /> ��';�`,�`. •� sets a less$r anamunt. If ao. Lender may,a3 any titne, oafiect aad hold Fuada in aa nmauat not to exce�d the lesser amount.
<br /> ' � �' Leader may estimate the amount of Funds d�+z on che basia of current data and reas�aable estim,ac�a�f eapendtarres of Potnre
<br /> � Escmw Itema oc othenvlse jn aocordance wit9�applIcable law. � ,_
<br /> ,,,;��� The Funds shall be heid in an iastitudon whose depostts ar� iasured by a federal agem�r,a�-n�umentality. or enNty
<br /> ,I:�,;�;. . ,; ., (in�B�dL►g I.ender.if Lender ia sueh an insdtution)or in rmy Federal Home Loan B�c.Lencfler s�l s�pply�ke�ur,�s to pay the _
<br /> � Ess7ow Items.Lender m�y not charge Borrower for holding aad appiyiag the Fuuds.:�aeually auahy�ing the es�ir 2xauat,es
<br /> ���_}� verifyiug the Fscmw Items.unless Lender�:�ys Bormwer intetest on ths Funds artd apgl8cab2e la»r�ra�its Leader to�n'ae s.�r.�
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<br /> � v f� a chazge.How�r�r,L,ender may�+equtre Rmrsower to pay a ana-t�me c�¢for an independent n..uD estate tax reporting s:aaru�:
<br /> �'"`� used b Lendes in connection with tlus l�nn. unless a lncable law rmvid�s otfinznvise. Udtess en egrce�t'1 6s e�cl2 �
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<br /> �;,�ty .�,. appiicable law requires�Ste�+est to be paid,Lender sball mot�e required to pay Borr�bti�a s►ny interest or eamin�s a�m¢hs Funds.
<br />��;�.S�s�, _ atr�sa�wer and i.�uder n�ay�a�t n�writic�.aowever,a¢uni aa[eresc stia3l be paid on a�3�c iruada.Lender aha3i givo a�isorrowcr. -
<br /> '�I��E,,;.'. n��cmi charge. an annuel ac�ouAting of t'ha�a�r.ds,ahowing credits and debits to¢�z�unds and the putpose for whirh euch ,
<br /> c"zbit w the Fuum3 was made.The Funds ar�e pledged as additional security for all sums sesured by tWa Secwiry Instnunent. �,"�
<br /> ,..`.: � lf the Funds heId by Lender exceed the amouats gem�itted to be held by applir�'�:t law. Lender eh�ll uccount w Borrower r,�
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<br /> a�,5 „ . aar��:ha escess Funds in accQrw�na�with the requiremezrta mf applicable law. If the�oi�nt of the Fu¢ds held by Lender at tmy
<br /> �;!`''• f, timc us aot sufRcient to pay thP lEscmw ltems when due. Le�der may so notify Bon�sscrr in writin��aud,in such etise Horrower �.'�'
<br /> ;.'.:� ahall pay to Ixader the azuouat necxssary to make up the defictency. Borrower shell m�lce up the defic[ency in ao more tha� ��`�:
<br /> t �• twelve monthly payucenta,at Lender's sole discretion. C;:'�
<br /> ,� � Upon payment in full of all sums secured by this Securlty Iastrumeat. Lender shail prompdy refuad to Hormwar�• E: ``
<br /> � ;: Funds held by Lender.If,under paragraph 21.Lender shall acqufre or seU the Property.Leasler,prior W We acquisltion or snte
<br /> ,. � �' . of ttte Property. shaU apply any�unds held by I.ender at the time of acquiaition or�sale as a cttdit against the swns secured by '�;
<br /> this Secudty Instrument. 6�--
<br /> . � ,, 3.AppHcutloa oi Poymeats. Unless nppltcable law provldes othenvlse.all payments reoelved by Lender uader paragrapha E__�
<br /> . . ,.�:,t� 1 aud 2 shall be applied:flrst.to anY PrePF►Yment cbarIIes due under the Note:secoad,to amouuu payuble under paragraph 2: �.,-
<br /> �;, .. third.to interest due;fouttL.to ptiacIpai due;and last,to any late charges due under the Not�.
<br /> �`?���, 4.Ch es Llea9.13orrower aball a all taaes,ussessments.ch es.fueea end im sidons nmibutable to the Pro
<br /> .;,'•��;'r:� � � i P Y �8 Po• PeriY
<br />-:•.:;�;;tili. �� which may attain priorlty over ihis S�rity Insmiment.ead leasehold payments or ground reats,if any.Bonuwer shall pay
<br /> �'°'',�'�` � "''�'� these obligatIuna fa t}is ivauuer provided in paragraph 2.or if aot paid in that manaer,Bonower sbail pay them on Wne direcdy
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<br /> ' ��' ' to the person otivad payment.Bon+ower sheU promptly furnish to Lender all notices of amounts to be paid under this para�raph.
<br /> ',;:�'.`;�_, . If Borrower matcea these paymenta direcdy.Borrower shall promptly fumish to I.eader teceiptsevidencing tha payments. _
<br /> ":,,lri; � _.� Bonower shall pmmptly di�c0arge any lien which has priority over thia Securiry Intimuaent unless Borrower:(a)agree,a in
<br />�`}�,�%�� a`; wrltiag to the payment of t6e obligadon secured by the lien in a maaner acceptable to L�ender;(b)centests ia good faith the lian
<br /> _ ; by, or defends ageinst enforcement of the lien in. legal prc�ceedings which in the Leuder's opinlon opetate to prev�nt the
<br /> " enforcement of the lien;or(c)secutes from the holder uf the lien an agreement sadafactory to l.en�ler subordinating the lien to ,
<br /> � this Securiry Iastrument.If Ixnder determines that any part of the Property is subject to a lien which may attaia prtoriry over
<br /> ' ' '����,� thia 5ocudty instn�ment,Lender may give Borrower a aotice identlfying the lien.l3orrower rhall sadsfy the lien or take one or
<br /> � raaA¢of the a�ions set forth above wtthin 10 days of the giv�g of nodce.
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<br /> �am 30 0/9
<br /> . �,y ��BRtNL•1�ss��i.o+ Pap�2 of 0 �y,�,��'
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