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<br /> __r,_, . �_ _=-_ TOOGI�i�ti WIT1i al{Ihc �mprc►vc�tents�auv or herrAfter:icctad nn Ihe pmpehy.and all easemenis. appuhcna�cos. __
<br /> -- . - ° �� _:- ana fiaturra now or here�itrr a�att of�he properly. Aii�epicur���a�end�idlUans shail ui�u be��ve�s�i by this Seearity .._�
<br /> - � - lnq�utnent. All aF 1he farcgoing is refcRed ta in thic Security laswme�t u 1he'PropeAy." -
<br /> '�; � SORROWER OOVEIVAM S thnt Bomnwer ix IAwfully seised of the es�ate herchy c��nveyed and iu��Ihe right la g�n� --
<br /> � �� �� aod convey Ihe Propeny u�d thu tho PrapeAy is une�cumbe�ed.excep�iar encumbrunce+af raord. Barow•er warrants and
<br /> w+:�� ' will defaxl mer�U �he tiUe to thc n ains�AU cl�ima and demw�ds,�ub' 1 ta an encumt�um.�e�ol�reccxd. �::`'.:
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<br /> �� �`'�",.'� THIS S�CURITY INSTRUMENT combines uniform cavenunts for nutional use and non•uniform covmunt� wilh ���
<br /> - ���� � limitecl vrriations by jurisdiction to constiuqe a uniPonn secudty insuument covering rrul prapetty. �T..
<br /> ; �+is;�;�;;��,:. � UNIFORM COVENANTS. Borrower and l.ender cavenant Aad u�ree us follows: Q'"�--
<br /> � :��.�>;. �;.:�:f;_ l. P�'�waN ad Prlacipal�ad IMe�+eat;PrcpaYraent and I.ate Clrx�es. Borrower shali prampllY puY v►hen due�he '���
<br /> ':��'` '" �`•'�:� �' ` i o1'�uid interes�on the debl evidencod b tNe Note w�d an ment aerd late ch es due uoder Ihe NWe. �,
<br /> �. _ �.��z. �.;: �L Fl�ods Wr 7iutes s�d Iws�raaee. S�ubjecl to app0i�cabte�aweo�i�to r�writr�en wairer by Lender.Bonower siwll pay to =�";1�-�
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<br /> - -_�.h,�.,f:��:, � �. +�. l.ender on U�e day monthlY P�Y�S ore due uncier 1he Nlotc.umil�f�e Nae is p;ud in full.�sum("Flmds")for.lal Xeul� ,;`�':
<br /> ___ , wxcs and a+���!!±a!!•a which mag aatain prionity aver this Secuoty Insuument as a lien an�he Ph�peny;lbl yearlK Irasebld _
<br /> -�`=�i� ., - payrtwnts a g�ound �ents on Ihe Ptoperty. ii an�: lcl yearlY hazard or propeny insurrnce prmiums: ld1 yearly ilood -
<br /> .—..�. �. �, .,,y,': � iasurance premiums. S any: (el ye+uly mortgage msurmce premiums.if anY: and lil uny sums payable by Ba�uwer to
<br /> �;;,,,,;-,.:,.,;r;,a:, Lender.in accordance wilh U►e visians of .:
<br /> - � ._ . pro pr,�er�c�aph 8. in lieu of tt�e p�+��meot of matgu�e insucame p�rmium+. These �-
<br />__ '�' �' • • � . items are called"Fscmw Items." Lender n�ay,ao riny time.colQect ond hold�unds in an aar+ount not to exceed�F�e maximum
<br /> ` �`.: � .,•::; '• . ,nnx�uwt�Render for a federally t+elated mongage loan may�y�ad�r for[iamaw•erk escr�nw account under t!x federal Real �+ -
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<br />- . �. �.E.�uate�t�9ement Pmcedures Act of 1974 as aR�eoded from time to dme.12 U.S.C.�Z6I1D f7 SplJ.(„RFSPA"l.unless a�a�her �� .,
<br />' �` . ' � :law th�a A�1�e.v t�tlhe Fundc sets a lesser amouat. If sa.l.ender may,at any eime.collect and hold Funds irn an wmoun�na ta '��;�
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<br /> --�•.: __ 'ex.ee� .4!�e l�:.�..... ser,Msnt. Lemkr msy rt:.._:... the antount of�sxis �?... �!e the hasia of carretst c�:3.a �IK� �PAiM1AIlIP. �
<br /> f� ��Y �M't Oa IIP 1 �
<br /> .��� y` :,�::.+:f,;;;�.,� -- ..- ewimates of expe�rclic:crrs of future Escrow Items���rr othenvise in acccKdaner w•ith applieable law. �>.��
<br /> �°' r!��1.. T9�t FS�nds sball be held in an lnsti�udon whose depasits a�insured by a feder�l agency, inswm�mwlily,or entity '��t�;;.
<br /> ti ��° � 'r���;;,:,; �t �� (including Lender,if Lender is such an inslil�tnanl or in any Federal Home Loon Bank. l_�nde�shall apply Ihe Funds lo�y ' !
<br /> • ^ •.ti�::", the Escmw Itesns. L.ender may not charge���ower far holdin�and applying�he Fu�ads, amnually anelyzing t6e e.scrow
<br /> . ,,,'H`fti:�.��;;;,;..y�� e�xounl,or verifying 1he F.scrow Items, unle�s Len�r pays Borrower interest on the ��ua��., a�d�ap,plicable law permits _
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<br /> ;�=�:;;. �•., Lender to make such a chnrge. However.Lec;dcr mny requir�e Borrower ta pay a one-tit�e char�te faY u�a independent real
<br /> .�% •���� -�•� estate tu reporiing service used by l.ender in rrninect�on with this loan,unless applicabla•law prnvides azM��rwise. Unless an
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<br />-.- ' � �• ,��•�y!',`:,., �: ' agreement is made or applicable law requires interest to be pald.Lender shall not be requived to pay Borrower eny interti��pr -
<br />- ''"��'�� eamings on the Punds. Borrower and I.ender may agree in writing.however,that interest s�hall 6e paid on the Funds. .i.eaule� .�
<br /> � :> `.�,,,."•�,i`:'.� �g shall give to Borrower,without ch�uge,an annual accounting af tfie Funds,,shawing credi�s aad debits to Ihe Funda u��3� � �.�``
<br /> � ��' •,r•�>a'.`�'y�'•- ; „ purpose for which esafi debit to the Funds wa�s made. The�unds are pledre4 as additi�tal security for all sums secuceaJ by-
<br /> • � '� �,�,a �::. �!. this Security Instrumcrn.
<br /> ?���^`j-'' � '_� If the Ponds held by Lender etceed ths a.:*bunts perniilted to !x hel� by app!?ca�le latit. Ler.ce:sha!! accc+ant sr.. _ :�
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<br /> , •,.�,;� ,;;.�s'.`,�,�.�� Bortower for the eacess Funds in accordance with�he requirernents of applicable law. II�tlic amount of the Funcis held b�� - .
<br />- �-4;,,:'�!i�r;:�i�`- L.ender at any time ia not suffic�ent to pay the Escrow Items zti•hen due,l.ender may sa notify 8orrower in writing,und,in •
<br />- � •� ';:��;-��'�'l�-$�'�"��V��j� such case Borrower shall pay to l.ender the amount neces.r•ary to make up the deficiency. Bormwer sha)D romi;� up :he
<br /> � � ; � �i�'a� �.-'�� deficiency in no mo�than twelve momhly pay,mer��.c,at Lender's sole discretion. _ ��
<br /> - - ' ��'�,�;.�;ti•,..�:� Upon peyment in full of all sums sccur€d t�y this Security inurument,I.ender�haii �no�np�ly r�a'unJ iv Barr��wer wiy =--_
<br /> 'i�:.w--�; �-•° •'r Funds held by Lender. If,under pnrugrnph 21,1.cnder shall acquire or sell the Propeny, l.ender,prior t� the Acquisition or
<br /> J°V , ''^• : � �� � sale of Q�e Roperty.shell apply s�ny Funds held by Lender aa 1he lime of acquisition or sale as a credit against Ihe sums �=?
<br /> ; �;`"'"..•'".'. ' secured by this Security Insuument. -' --
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<br /> � � �"`�: �� 3. Application oP Poymenta. Unless applicuble laa provides otherwise, all payments r+eceivtd by Lender under
<br /> ��,� ti ,� �{.., pazagmphs 1 and 2 shall bc upplied:first.to any prepayment chnrges due un:ler the Note; sccond,to amoun�s payable unJer j
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<br /> -}h , ;� , �.. paragtaph 2;third,ro in�eres�due; founh,to principal due;und lact,to any la¢z cherges due under the Note. •;�.�.,
<br /> �.° `:.z =�' `' '�•;;,.� 4. Cbw�es; Liens. Bortower shall pay a0 toxcs. assessments, c?�arges, fines und impositioas attribuu�ble to the �t�,': �r
<br />',j��' ; '' '�z v, Property which mny attain priority over this Securiry Insuument,urM Ieusehold payments or graund rents, if any. Borrower •
<br /> r;�' " o :��"'c;'''�= shell pay these obligations in the rnanner provided in paragrrph 2,or if not paid in that munner,Borrower shall pay them on '�`��'
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<br /> `� �� time directly to�he person owed pAyment. Borrower shall promptly furnish to Lender ull na�ices of umounts to be paid under �
<br />�:"`'�' � lhis rn If Borrowcr mokes these a�men[s direal Borrowcr�ha0¢ rom tl furnish to Lend�r recei s evidencin �
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<br /> • ''°'�'� , � the payments.
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<br />• ' � "'''� Bomower shall promptly discharge uny Hen which ha.c priority over Ihis Security Instrument unless Bortower.(n)agrees �w
<br /> � �•��� in writing to the payment of the obligalion secured by the lien i�:a manner acceptable to Lender.(b)conlests in good faie�the �°''
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<br /> • � ��.•�.�:. lien by.or defends against enforcement of Ihe lien in,legal �rnceedings which in�he Lendert opinion operule to pre��ent ihe
<br /> '�"�.�:.. =1• - °�' •;4, enforcement of the lien;or(c)secures from thc holder of�he lien an agreement satisfactory to Lender subordineting Uhe liero
<br /> --� '�` to lhis Security Instrument. If Lender detem�ines thut uny part of the Propetty is subjec�to a lien which moy attnin priomy
<br /> �. ` ,�, over this Security Instniment,Lender muy give Bomower a notice identifying the lien. Borrower shall satisfy the lien or lake
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<br /> „ .r�i_ c� one or more of the actlons set fonh alwve within 10 dnys of the giving of notice. •
<br /> ••� �' ��i�"`�'/� 5. Hazord or Property lnsurance. Bortower xhall keep the improvcmcmx now existing or hereafter erected on Oee 7;.�
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<br /> . , � �,,;�,�,��.,,:�z�� :`� Property insurcd against loss by fi re.huzurds includcd wi�hin the term"ex�ended coveragc"nnd any other hozards, including �'
<br />,���.,�! s., .. �.� � ' ' floods or flooding,for which l.ender requires insurance. This insurunce shull be muintuined in �he am�wnu and for �he �!""�,
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