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<br /> 91-- 10281 �
<br /> + TO(iEI'HER WITH all the improvements nnw or her+caflcr crccied��n thc propeRp.and nll e��emm�e.wppuAtn�.
<br /> - �n�i fixturcs now�►r hercafler a pa�7 uf the propeny. All replacemen�x wid additionx sh�ll nl�n i+o coverccl by this Secuti�y
<br /> lnst�umem. All uf the forcgaing is rofemed la in ihia Secudty Inrtrumcnt ur Ihe"Propeny."
<br /> " BORROWER COVENANTS that Bartowcr ia lawfully�ci.ed uf Ihc c�latc hcrcby canveycd wu1 Iw��hc right lo gr�nt
<br /> -' ,:,:,.•..,.., • . and convoy the Property wid thet the PropertY ia u�encumbercd.excepl fot encumMur�ce�oi recnr+d, Hortuwer w�t�and
<br /> . �'-'��y.. . will defrnd generally�he titk�o�he PmpeMy aRainst all cl�im�and demands.s�ubjeci io uny e�:umlxances of rccnrd. �4 _
<br /> • �� -=;., �' "' THI3 5ECURITY INSTRUMENT comhines unifarm covenunts fi►r aadanal ur,e und n��n•unifum� covenants wl�h
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<br /> �:_ • limi�ed vaiuUa�a by jurisdiction la rnnuiw�e a uniform security instrument covering rea propeny.
<br /> �-�.;;;•:�.`•.: UNIFORM COVHNANTS. Barrower and Lende�covenent nnd agree a.g followx: _
<br /> � �•""+�`;�1 _�., 1. Payment of Prfnclpal And lnteresti P�epayment And I.pte('hargeA. Bomowe��hall prompllY puY when due tho
<br /> "�'''''"` � ' principal of und intenest an Ihe debt evidenced b,y the Note And uny prepayment und late chu�es due under the Note. �au�>
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<br /> �„�,,..-.•.t.;;,�,� 2. Fti�ds�7louces oud I�suranea Subject ta applicable law or to A written wuive�by l.ende�.Born►wer shull puy to
<br /> � -_-�_,;,� •� L,ende�on t[�e day monthiy p�►yments ore due under�hc Nae,until�he Not�is paid in full,u tium("Flinds")for: ta) yearly �_,
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<br /> ='Y-.�•��d.:: .r.,• taxes and aaaxaauK,�tb which ruqy attaln pdority over this Security I�+trumem as a{ien on thc Rnpeny:lbl yearly leusehold � -
<br /> .��• �z� �r paoperty insur,mce premiums: Idl yesuly Oood �%L::-
<br />-_-;�„��.:'����.,:� Payments ar g�vund rents m 1he Propeny, if nny: (c1 yeady -
<br /> .=�a���;;•�;' ' in.w�wce premiums. if any: fel yesuly mongAge insur�u�ce Qrrmiums. if uny:and Ifl amly sums PuYable by Bormwer to
<br /> """`"'��r `�i'`�" l.ender.in accordance with the provisions of pnra�ph 8,in lieu of the pnymem of mo�tp�e inxurance premiums. These
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<br /> °_� "�''•;a ` '- ` items ere culled"Escrow ltems." I.ender may,m any time,collect and hdd Ponds in an amouet�not to exceed ihe maximum a,�••
<br />_-_--;-��''�:`i'k'i,'-a` '', amount a lender for a federally related m�xtgage loan may require for Borrower�escmw account under the federnl Real
<br /> - +'��`� ''��"�� '��' Estate Senlement Procedures Act of 1914 us�mended from�ime to time, 12 U.S.C.�2601 er seq.l'R�PA"),unless anolher
<br /> '�"�' law ihat a hes to the Funds r,ets n lesser amount. If so.Lender may.at uny time,coliect and hald Fuads in an+unuunt not to
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<br /> a��:r�ti � excced the Iesser umount. Lender muy estimate �he amount of Funds due an �he ha,is of cumem datu ond re.ar.oiwble
<br /> +���� ���y''��`'` � � estimatesof eapenditures of Future Ezcrow Itemsor otherwise in accordance wflh s�pplirafi�fe law•
<br />.,.,.,�;•: � 7'he Funds shrtll be hcld in an institution whose deposits ar�e insured by a icderal agency,insuumenwlity,or cntity _
<br />„:'�:;:;�`. ��: � .:: ' ''' (including l.ender,if l.ender is such an insdu�tion)or in any FederAl Harne l.oan Bank. Lcnder shall apply�he Fundc to ps�Y
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<br /> ��`,�1�y�+����. • ,�rX _, _ °"' the Escrow Items. Lender mny not charge Horrower for holding an�l :�n�ying �he Funds.annually anulyzing the escrow �
<br /> _y, .� • ' account,or verifying the Escrow Items. unless Lender pays Barmwer ia,�rare�t on t#+z Fumix und applicpble law pem�iu
<br />_.,�,s; :5:, ,� Lender to rnolce such a char�,�. Hawever,Lender muy myuire BoROwcr to pay a ane-iime chtuge Por un independent real
<br /> - � r• . .. estate tau reporting service used by Lender in connection with thi:c lonn,unless appliruble law provides otherwlse. Unless an �
<br /> ��'" " ^ ���4 '°'� �� agreement is made or applicable law requims interest to be paacl,�.ender shall not 6e required to pay Borrowcr any interest or
<br /> -. ;.;`� '' �� earnings on chc f�nds. Borrower and I.ender may ogree in wn�bng,however,�hat interest sh�ll be pnid an the Funds. Lender _
<br /> - .:.�.f ',. ; �� shall give to Barrower,withom charge,an ennual nccountin�.of the Funds. showinR credits und debits�o�he Funds and the =-
<br />-- `:;;a � .� purpose far w�hich cach debit to the Funds was made. 'fhc�+��c,ve Qledged as additional security for all sums aecured by � -
<br /> ���` . r��-: �';;," this Security Inswment. �'�`
<br /> •��;t' • ����"i��;���r If the Funds held by L.ender caceed the umounts petmitted to be held by applicuble Inw, Lender shull aecoum ta �—c�
<br /> '�• ;'s;�; �r-#?;h�+����. .: • Borrawer fur the excess Funds in accordunce with the requirements of applicuble law. If the amount of the Funds held by
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<br /> ''�%` t�' .,�r;Y,y;ts�.�01:��.,��, Lender at any time is nut sufficient to pay the E.icrow Items when Ju�e.Lender may tio notify Borrower in writing, and, in
<br /> .'�„�;,';�!F`'a'�"'�,��;�,'.• such cuse Borrower shall pay to Lender Ihe umount necessuq� to mal:c up the deficiency. Borruwer shall mal�e up�he
<br /> : ,�s��t::�„y.°'f? deficiency in no more�ha�twelve moiuhly paymen�s,at Lender+sole discretian.
<br /> • ,�.���� Upon payment in full of�11 sums,ecured by this Securiry Insuument,Lender shnlf prompUy refund to Borrower s+ny
<br /> " Funds held by I.ender. If,under paragr.�ph 2!,Lender tihnll ucyuire or seU the Prapeny.Lender,prior to the ucquisition a �'`
<br /> 'r � � snle of the 1'roperty,+hull upply nny Funds held by Lender ut the�ime of ucquisitian�r salc as u credit aguinst Ihe sums f '„
<br /> � � �`' � secured by this Security Instrument. __._
<br /> ''4. 3. Application of Pnymenls. Unless applicuble law provides rlhenvis:..s�ll payments received by Lender under 4_=
<br /> -• � putn�ruphs 1 and 2 shull be applied: f nt.to uny prepuyment churges due under tNe Note:second,to amounts payable under _
<br /> �. '",' A psuugrnph 2;third,to intcrest due:fourth,io principal due:and lust,to any late charges due under the Note. _.__
<br /> • {�„ 4. Chorges: Liens. Borrower shull pay all taxes,as�etisments,chargex,fines and impositions attributable to the — _
<br />_ .,;: •.L ;,�,L Property whieh may uunin priority�ver thiti Sccurity lostrument,und leasehold paymcnis or ground rents,if uny. Bortower �__
<br /> `,; • shtill pay these�liguiions in thc manner prnvided in puragmph 2,or if not paid in that m�nner,BoRUwer �hall pa}�chcm on � `
<br /> � '�"� u . '.;" � tim�e directly to ihe person owrd payment. Borrower sh�ll prompUy Wrni4h to Lender all notices of amounts to be paid under --_-
<br /> � • � ' � ttni� ra h. li'Borrower makex these a ments directl .Borrower shull rorn tl fumish Io I.ender recei is evidencin 'a�=`T
<br />: ���• �,� �,� , , . P�B p p'Y Y P P Y P F ���.:.
<br /> ,, i, tt�e payments,
<br /> � ' � Harower shall promptly dischsuge su►y lien which hns priority over this Security In;trument unless Borrower:la)ogrees �
<br /> �' in writing to the puyment uf the oblign�iun secured by Ihe lien in�manner urceptable to Lender.(b)cantests in goad faith the —_
<br /> _- ' ��,�•' lien by,ar defends ugainst enforeemenl af t'hc lien in,legnl proccedin,;s«�Mirh in the Lender'.s opiniao operate to preveM the
<br />- ' � � �;' enfor�cement of the lien;or(c1 secures from the holder of the lien an a�sc+:ment satisfactary to l.ender subordinating the lien -
<br /> � . ' to Ihis Securiry Inswmem. 1!l.ender determines that uny pan of the �rc�+eAy is�;u4+ject to a lien which may attnin priority
<br /> , � awer this Security Inswment.Lender may give Borrower a notice ideanffying the lie�o. �orrower shAll sntisfy the lien or tuke
<br /> ' one or more of the s�ctions set forth ubove w•ithin 10 dnys of the givinp of notice. �
<br /> " `�i 5. Hazs�rd or Property Insumnce. ��rrowcr�hall kcep�he ia�pravrmcnts now cxisting or herenfter crccted on tlie ��
<br /> . ' ,T� Property insured ngainst loss by fire,hazard�included within the term "en:rnded ca�v�eragr"•rnd am rnher hazards,including �
<br /> •'�^^:%�''�'��' � floods or flooding. for which Lender reyuires inxurance. This insusa,^,.c shall !+e maimained in t0�r amounts and for elie
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