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<br /> 7'OdB7'N8R V/P191 all the improvemenu no�v or herenRer erccteA on�ha property�end e11 egasOemenu�ep�uncnanm, , •"
<br /> and ifxiurca now on c�reafter 6 pad ot tfio prope�tq. Ati rtplec�menti and addition:sdell dto IK coverW by t H 3xudry � T--
<br /> InstNmcnt. All of IAe forogoing ie refertW ro in tN`Secudry Insmimrnt w the"Prope[ry.' - -
<br /> 88RROWBR COV6NANfS it�at BortaK�er Is IewNtiy uised o!tlx atnte hereby conxeyed and h�s the right to grent
<br /> �� end canvey�la Pro�erty and ma��ho➢roperry f�unencumbered,except[or enwmbranai of reeoN. Bortower wammte end
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<br /> wtll defend gcnerelty Ne title ro�he Prope�ty tgalnst all cleim+and demand�,aubJect to any enwmbrance�of rccoN.
<br /> -- -� -- -° THIS SECY1RPfY lNS7ItUMENT combince unifortn covenanta for neqonal ux end non•unlfo�m covew�u �
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<br /> IlmlteQ varlstions by Jurisdiotlon to comtitme s unifortn cewrlty insaument covering real propeny.
<br /> �- t_: UNIFOAM COV6NAM'8. Bortower end Lender mvenant end egra aa tollowr. _
<br /> -�.�� 1. Pa7ment of Pr�ncipal and Iatutatt Prepnrment end Late Charges. Bortower�hall promptly pay when dua�ha
<br /> - ' pdnclpel ot�ad intercat on Iho debt ovidenad by the No�o end any pre�payment and lero chergw due under�he Nota
<br /> i �,. E. NYtndt for'Imzea and Insurence. Subject to epplicebie law or ro a written wairer by Lcndcr,Bortowar shill pny io .:_
<br /> c � -,� Lendtt on�he dny momhiy paymcros ere due under the Nota,unlll the Noto 1�paid in full,a sum("Pundi)for.(e)yeuly W�-= -
<br /> . ,:_�h���� texea and auessmenn whlch mey attaln pdodry over thia Securiry Tnsuument u a Iten on the Pcopeny;(b)Yearly Ieasoiwld - __
<br /> � > �,f�, paymenu or ground renta on �he Property. it any; (c) yeerlY haaerd or property inaurance prcmlums; (d) yeuly flood —
<br /> f $ insurenco prsmiuma,it any: (e) yavly mortgego insuranca prcmium+.if any; and (�any sums payable by Bortower to _ . .
<br /> aY��'- :�- Lender,in axordenco whh�ho provlalons of paragroph 8,in lieu of�hepayment of mottgage Insurena pruniuma. Theu .�"
<br /> ,T� `r y _ t�em�ere called'Escro�v Iam+.' Lender may,et eny tlme,rnllect md hold Punds in en emount not to exaed the maximum �� :,.,
<br /> r,>'t'�'4��' amount a lender for a Rderolly«leced mongego lan mey rcquire tor eorrowery escrow�ceounc under me kdewl Real n� �,
<br /> -,F`!��° &tete Settlement Procedurea Act of 1974 a+emendW trom�Ime to time.l2 U.S.C.�Tb01 e�aeq.("RESPA'�.unles�anotAer '�r .:_-
<br />_'�l�c'�'� �"` law thet appllea ro ihe fi�nd�seu a lesser emount. If so,Lender may,at eny tim0.collat and hold EA�nda In an amount not to �F;�,';k--
<br /> z"''-�'�ki'f,�'� exceed the lesser amount. Lender may a�imete the emount of F4nds due on the 6asia of curtent data end rcasonable ""y�}„pi �__
<br /> �1-�' ,���y� esttmetea of expenditures of future Euro�v Ikm�or oihe[wi=e in eccardarke with applicabte Iaw. ; ;
<br /> , �a�}��fg� The Wnde ahall be held in an Ins�iw�ion whose deposiu arc insurcd by a federel egency,Inauumentality,or entity _
<br /> ��.-�'-5 �� (Including Lender,if Lender ia auch an insii�utioN or in eny Fedcral Home Loan Bank. Lender shall apply the Fundx ro pry '4'���,=5---
<br /> a `��*�z�1_t the Escrow Gema. Lender may not eherge Horto�ver tor holding end epplying�he Pundf,annuelly enalyzing �he ucrow �u'��}� _
<br /> t - �� eaaunt, or ved[ying�he Escrow Items, unless [.ender pays Borto�ver intereat on �he Mnds and npplicable lew permi�s f3 r tsNrt'
<br /> ' '�1`��`�tt Lender to make such a charga However.Lender may requirc Horrower to pay a one•time charge Por an indeprndent rui T,, z,F '--
<br /> ti��' i`i�.�! astate tez rcporting service used by Lender in rnnnection wuh this loan,unleu appliceble Iaw provides otherwise. Unless en �`4�1�'�g"' "`-
<br /> "�'°i'"�i a rcemrnt u mede or a licablc lew uircs interest w bc aid,l.ender ahall not 6e r vimA to Borro�rer any intcreat or �S� � i� '
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<br /> eatninge on�he Punde. Botmwer end Lender may tgree in writing,howerer,�het Interest shdl be paid on the Funds. l.ender °.;p{, �Y
<br /> .•�x,*,a.FpS�.;, shall give ro Hortower,wiihout charge,en ennuel eccounting of the Punds,showing crediu end debfls to the Funds and�he `� S r�;r._
<br /> p , �- «- puryose for which eacA debi[to the I'unds wu made. The W nds erc pledge4 es additianal securiry tor all sums securcd by ; , °_
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<br /> r � f��''`�+ Borrower tor�che excess fii d�nceccord nce w ihtAe rcqui�emen[s o pplinble la\v'�Ifbhe'emou t�of the FLnds held b :fe�.�yf s�;n�
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