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<br /> . 'd'OtiE3TNRdi WfTH all thz isrprovemeuta now or heraft�r erected on the property. uad oll easemQau. [:=-
<br /> - t AAPaitcnt�ces. and tixturss anw or hRreafter n pnet of the pmpes°ryy. All mplucements and addiHans shall nlso 6e _�.
<br /> ;'� oovered by tbia Sscudry InsuumQS�t. All of th� forcBolu�io mfemed to in this S$c�rity Instrum�nt as the "Pmpzrty." �_
<br /> BORROWER COV@NANTS that Borrov+er te lawi�Uv sels!d of the estate hereby conveyed ansl hns the dght to -
<br /> „ :. __ �rant enc! cor�dey t�o FropPrty uad Wut the Property is�anzncumbc�d� excePs for eac u m brnnoes o f reco r d. B orrower � .-;
<br /> wasrants and wllldefend generally the atle ro the PraPeRY e8ainst allclaims and demauds. subje�ct to eny encur�brances
<br /> '"T'�=. of t+eo01Q.
<br /> .. �� THIS SECURITY INS1`RUMENT combiaes uniform aoven�ata foz aational use uud non-unifomn oovenants wtth t•
<br /> � limited varIations by JurisdictIon to consdtute a nniform securlty iastr�ument oovering real property. _
<br /> _-_- �'°g [JNIFORM COVI:NAIVi�. norra�ver and Lender aovenant and agree as follows: -
<br /> � 1. paymmt�YP[�1 aad iniar.a� P�s�►me�t �od II�te�. Bormwer sLall pmmptlY PaY when du�the -
<br />. prtn�ipal of end interest on We debt evldeaced by the Nou and eary PrePaYment and late chargea dice under the Nate. .
<br /> '� �` Z, pu�s foa qlrus aud Ins�uaooe. Subject to applicable law or to a wrlttea waiver by Lend�. 8orrower shaU
<br /> �:;...,.µ ' pay eo L,ender oA ttte dsy manthly payments are due undet the I�Eote. unttl the Note is paid in fiaU.o sum("Funds")
<br />-_,•.', for. (a) Yearly taxes aad assessmeats which may attain priority ov�s rhis Secuzity Insuument as a ilen on the Property;
<br />=.25:'�-�.`: � N) Y�Y l�hold payments o: graund rents oa the Pna��erty.if any; (c) Year1Y t�ard or property insurance -
<br /> -'"-m4-� premiwm�: (d)Ye�IY Aood insu�uue p��uas. if any:(e) 3'�az1Y�rt8�e insnraaoe presniumg. if anY:and (� aaY �_
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<br /> `-�^;.�y,� �w;� payabie by Samow� w L�d�r. in�cor�moe with the provlsflons of paragraPh 8�in li� of the payn�t of ,
<br /> � - mo8gage insurance premiums. 'Ihese items are caUed 'Escrow Iams.' Lender aoay,ai say cim�, callect aad hold
<br />���� Fhads ta an amouat uot w exee�ff the maaimum amount a irnde=for a fedeiallY teiated mortgage loan may re4uire
<br /> ._..-�r:� for Bom�wet's escmw acoaunt �irlsa ihe f�eral RQaI�,ris:e �tlemrnt Pcocedures Act of 1974 as am�nded frnm tims �.
<br /> =.-.,,�� to time. 12 U.S.C.�26i11�seq.("RESPA").unless aaother taa►that applies to the Funds s�a lesser s{mount. If
<br />':,;,,�..�f so.dxader may.at any time. oollect aad hold Funds in aa amos�nt �ot to exoe� the Iesser aasoun� T�eud�r m33►
<br /> :.-L;;-;;;-� estimate ths amount of flinds due on tb.e basis of curnat d�ta and rasonable estimates of exp�diwres of fuwc+e
<br /> . , . Escrow Items or otheiwise In a000rdance with appllcable law.
<br /> -���;;.� 'Ihe Fun�s shall be held ia an institut�on wttase dcposits �re insured by a fWderal ag��yr.instcumentaliry. or entity
<br /> =�°_-;� (including I�nder.if Ixnder is sucte an instlauioa) or in any Fedezal EIIome Losn Bank. Leoder shall apply the F�nd�
<br /> ---- w p�y the Escrow Itenns. i�cnder may not cbarge Bormrre: for Loldiag and applylug the Fuads.aaavaUY ana1Y.�
<br /> _ ���.�.,�Y��yinoa che Lscmw Itsms.unless i.enda pays Bornnwer iat�est oa the Funds and agplicsble,
<br /> _ '°"- law pamisa ixader to make sisch a charg�. However, I.eadr.r may toquir� Bo:ruaver to pay a one-time caar8e ior an
<br /> �.-„��, �ent real �siete �:tmporiing setvFae used by I� an oomn�ion a�th this loan, tmless applia�tala [av�
<br /> -� pmvides otheawlse. Unless an� is made or a�ppli��ule law teqaires iQterest to be paid.I.ender shaTl,w�c bc
<br /> _'__v-- �quired w pay IBomower aay iatawst ur eamings on the F�ads. �ouower and Iender may a�e jn writing.ho�er.
<br /> _- thnt interest aball be paid on the Funds. I�dec shall gIve w So=cower�withauc char8e.aa an�al aoanu�nt� of thz
<br />— � Fuads� showing ex�edits aad de�its tm the Fimas snd the putpose for whidi each d�it w the Fun{Ls wag mtrde. 'i�d
<br /> ��.�ar,� Ftmds�re pl�dged as addittona7 seeaulcY for all syms saur.�d by dds Sowuiry Iest�ummt.
<br /> —�'?'�-'� If¢h$F�ds lield by L�d.er e�oeed the amounts penni3ted ts�6e held hy appliaable law.I�er s1W1�unt to
<br /> ------__.�.._ Bosowex for the excess Fnads In a000r�anoe wlth the��s oF apglicable law. If tl�c amwu�t of the F�dx�he1Q
<br /> s— by Lr.ad�r at any ti�is aot sufScient w pay the Escrnw[tans wl� dae.i.ender may so notlfy Bosower sLall mTke�
<br /> — �nd,in such c�e Eursoarer shall pay to Leadar the amovnt naoessary io make uP the d�cIcocY.
<br /> up the deflcizncyr in afl roun thu� twelve monthlY PaYmeats.at i,eada's sole dissredan.
<br />---�w.�� UPon�aYmens in flill of aIl sums sociu+od by this Se�vrity Instcumeat, lxoder shslt PmmptlY Defimd to Bv�n+c�r
<br /> ._.,_ �y g�s held by Lender. If.uader pan�ih 21.Leoder ahall acqa�re or s�ll the Pmperty. f�eader. Prior to.the
<br /> acquisitfon or sale of the Pmp�ty,shsll�s1Y aaY Fu�ds�eld b3'L�der at the tIme of aoqnisidon or sale�a c�it
<br /> against the sums secured by this Securit�'Qns;rumrat- �ived by I.ender un3sa
<br /> Y.-�y,';� 3, Applk�oa of Pay�ma�. Uniess apphcalsle law p�ovir�es othetwlse. all PaY�ffi
<br /> i P�aPL� 1 and 2 sHall be�rp�aQ: fi�st.to anY P�PaY�t �Bes doe un�et the NoLe:seooad.w am�unts p�able
<br /> -_ - �mder�aragraph 2,third,w inurest due;fourt�,w P�iaciPal dne;and last,to aay late charges dne aader the IQate.
<br /> 4. (��s;,.•Ikm. Borcower sball pay alI tmces,a�ssmeats,cbar8es.fines and imp�sitlons asaY3icabis to�die
<br /> propertY wir;ich':��_at�+iu �iority over this Saurit3► lnstnw�ent, and learehold pay�ts or grouad re�ts. if aay.
<br /> Boao�uer s'halI ri�Y these obligatians ia thc noam�er pmv[ded•in parag�apb 2.or if not paid in that maauer. Bamower
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