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<br /> _,�. y ' TOci�ii'HIiR 1Vf'TH cdl Ihc improvcment± nn�v c�n c�ccattcr�rcctcd nn thc prc�perty�, und ull r�i�rrnrn�s,appunrntm«s, - ., �,�, ___ -
<br /> ,� . '-- und fix�urrs nuw un c�rc+►i'ta•u purt al'Ihc pruperty. AU ropincCnlCnts und i►ddiliun5 shall nls��h�Cut�crCd by thi�5ccuri�y , , ;��`�-,,,�,-��-�
<br /> �- �•. _ � ' ,. Instrumcnt. All ut'Ihc i'ureguin�;iv�ti fcmd t+�In thi,r•Sccurity laxtnimen�uti the°F'�apeny." , - �..�_ -___
<br /> - - -- . BORRU�VGiZ l'E�V�NANTS 1t�ut Bi�rra�ver ly Ii�wPully�ri.ed ui'�hi�c.t+nr hrret+y cunveycd iuid N��+�hr riHht tu E�raot . - , `=-
<br /> `__ :- ._ nnd comey the Yropeety nnd ihut thc 1'�n�rrrty i�un�i��umtkr�d,r�crpt 1'i�e enc�m�hri�nce.r•uF r4curd. l�urro��•rr w;uriin�ti nnd F �
<br /> ' �vill dafend Neneri►II�•the titlo tn tl�c Pruperty u�uiiist c►II�lidius and d�:mtittds,�►�n1��i u,any cncumbruncc.r•ut'r�run±. � - �....
<br />-s� `- - ` � 1fF{IS S�SCURI�Y 1NS'f�ltUNihN"� cumhincy uniform ciw�nani� G�r nt►liunul u+� unti nun•unifinm riweniuU. �v{li� F...I:.. T`� _
<br /> _- - ., limitcd vi�rfi�tiuns hy Jurisdicli�m tc��unsUtutc n unif��rm scru�iry im�nnncni covcring rrul p�•u�x rty. . �- - � `-
<br />- ° UNIFURM COY6NAN'1'S, B�Rawer iind I.ender cuvennnt nnd ul;rrc ttr ti�llo�vs;
<br /> 1. �'nyment oP E'rincipnl i�nd lnterevt;Prepuyntcnt imd l.ntc Cht�r�ev. Dorruwrr sh:dl prumptly pay whrn duo th�
<br /> . • princinai of nnd intcrest on�hc debt cvidcnccd by thc Nutu+md uny prcpi�yment nnd liitc churgeti duc undc��hc Nutr. .
<br /> -- Z, bl�ndy fo�'ibxes und lnsuruncc. SubJcct to i►pplicublc luw iir to u wriucn N�tdvcr by l.cndcr,Hurrmvcr shnll puy to -
<br /> ' . � Lendcr�►n thc day munihly pirym�nts i�rc duo undcr thc Nute,until thc Nutc is pi►id in Pull,�► ,un�("Funds") for: U�l yeurly � .� �
<br /> ' „ � ti�xes iu�d assr,stiment� which nuiy nttuin prlariry over tliis Securily In,Ir�mienl ati i�liun un the 1'�•apeny: lbl yciirly Icaschold � , �
<br /> � - p�yments a� grnund rents �m thc Property, il' any; (c) ycurly huzircd nr properry insur:uur pmmium.r•; (d) ycairly tl�wd , •
<br />. ' . insurance premiums, if i►ny; (c) yeurly m��riut�go insurunce p�•emiums, if uny: and (t��m�� sums puyuMc by Huno�vcr u� .
<br /> � . L.endcr,in �icc��rdi►ncc �vith thc pn�visiuns of para��;raph 8,in licu of thc �irymcni af ivart�a�;�in.uruncc pitmiums. 1'hcsr
<br /> , items:ue rallecl"E�cr�w Itenis." I.rndcr mi�y,ut uny time,cuUect.►nA h�d Flinds in an anwunt not t��e�ccrd tho nuiximunt �
<br /> ° amrunt a lendcr far.� federully rclntcd mortbi�gc laun nxry rcquiir f'or sc�rru���cr�rxcru«�accc�unt unde�• the t'cdernl [tcul
<br /> " • �state Settlement Procc:dures Act of 1�)74 n�i►mended f'rum timc to time, 12 U.S.C. ��b01 e��seq.("RF.SNA"),unletis unuthrr . . �,
<br /> ' liu�•lhiit i�pplics t��thc Fbndz scts i�Icsscr►imuunt. If so,Lcndcr m.�y,ul a�ty timr,rullecl a�id hold t�unds in an amuunt nat tr . :
<br /> exrred the Ic�scr amc�unt. Lcndcr nury esUmi�tc thu umuunt oP F�mdx duc on the hi�sis ui' currcnt data and reiixunublc �
<br /> ,. estimntes af expenditums��f fu�ur��•scraw Uems ar otherwise in i�ccorduncc�vith nppliciible lii�v. �' � � �� �-
<br /> T�e Fliads �holl be hcld in nn institution �vhose depo�itti i�rc inrurcJ by +i fcQornl i�gr»ry, instrumentaliry, or r.nUty ,
<br /> (includins l.ender. iP Lendcr iti such un institudun)ar in uny Federal Home l.ua�n Hunk, l.end�r shaU apply the Funds u�pay ;; _
<br /> thc �scrow Itcros. Lendcr miiy nat char�c B��no�vcr f'or h��ldfng imd i�pplying !hc i�und�,.3+inually unalyring thc cscra�v �;;� . �°
<br /> " uccoun�, or vcrii'ying thc Escruw ltems, unlc.r•x I.rncler puys S��rr��wcr intcrext on thc Fund. and applic:�blc luw pcnnit, _
<br /> � Lender w mnke such i�churgu. Hw�evrr, l.ender m,�y require Borrower u� pay u onc-timc rhur�r fur an independcnt rri�l `-
<br /> estatc tnx reporNng servlce used by l.rnder in connectivn with this luun,unless upplir�►hle I:nv E�ro�•ides c�thcrwise. Unlezti un E� `�'
<br /> , ugrcement is mi�de or uppliriible Inw rcyuires in[crest to bo puid,l.cndc�shal)not hc rcyuired tr pa}�8arrowcr imy interest rr ' ti�
<br /> cumings an thc Funds. Dorrowcr wi�l Lcndcr m,ry ubrco in w�idng,however,that inlerctit tihall bc puid un thc Flmds. Le��der � • �
<br /> � sha►II givc tu surruwer,withuut chau•gc,nn i�nnulil nccounting of the Funds.shu���ing rredi�s:u�d drbits tu the Fl�nds a�nd thr .
<br /> pumase for which each debit to the Flinds was muda The Funds arc pledFcd ax additionul�ecurity f��r idl sums sccurcd M• .. • +
<br /> � this Security ln�trument. j •�
<br /> . 1f tho Fundti hcld Gy Lendcr �xcccd ihc i�mounts permittcd to bc hcld b�� ;�pplicuMc law. Lcndcr shall accaunt t�� , .
<br /> , Iiorrawer far the excess C'unds in iirrord�mce with the rcquircments of upplicahle law. IP Ihr amuunt uf�hc Flmds held by �• � �
<br /> -;:,.--° Leada�nt ��y iftii�fc �ot s«1'�cie�t ta�Say the Escro� Isems Khrs due, l.enclea niay ::n notife� f3orr��:ecr in++�rititi�.und.In =—�-- --=- ,�� ��
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<br /> . such cuse Qarrower tihull puy t�� I.ender the amount neces,ury tu mukc up Ihe def'iciency, B��rri�wer shall mukc up th� � �
<br /> d41'ulcncy in no murc thun twclvc munthly p.rymcnt�..0 l.cndcr�solc discretian. �'
<br /> Upon p�rymcnl in full��f ull�umti xecurcd by thix Srcu�ity In,tnnncnt, I,cndcr shall pn,mpUy refun�l w Hurrotivcr uny s
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<br /> _ _-__ Funds held by Lender. If, under para�ruph lt, t�enacr ynali ucquire or scii�ne i'�opcny, i..cncicr,priar iu inr ucyuisiiiu��or �-- - - �
<br /> xule of the Property, shiill i�pply uny Fundti hcicl by L�nder ul Ihc time af arquisiUon ��r s+de iis a credit agains� �he sunU (
<br /> sccured by this 5ecurity Instrumcnt. i
<br /> i. Appllcudon uP Puyments. Unlcs, iip�licablc luw pru�•ides �ithcrwise, all puyments reccivcd hy Lender undcr •
<br /> pnr.�grnphs I �iud 2 shAll hc�ipplicd: fir�t,tu imy prcpayntent churgcti duc undcr thc Nutc; sccond,to amounts payablc undcr
<br /> pnragri�ph 2;third.ta interesl due;fuunh.ta principal duc;and Ia►st,to uny lute charges due undcr thc Note. !
<br /> . 4. Churges; l.iens. Harrnwer �ha�ll pay uU ta�xcs, asscs,ments, char�es, t'ines und impositiom alu•ibutahle tu thc
<br /> I'raperty which may attnin priority over this Securiry Instrumen�,and Ie:i�chold payments or ground rents,if any. Bc�rrnwer i •
<br /> ' '� ; shall puy these obligutions in thc munn�r pmvided in purag�uph 2,or ii'nut paid in thut munner.9arrowrr shall puy them on I
<br /> time directly ta the persan owcd pi�ymcnt. 8onowcr sh��ll proraptly furnish to l.cndcr ull n��ticrs of anmums ta be puid undcr
<br /> � •" this puaigruph, lf Borrawcr maker these paymrnts dircctly, 8orrower shull prumpUy furnish tu l.�nder receipts evidenring ( • �' "�
<br /> the pnyments, �
<br /> ' Horrowcr shull promptly dischurgc uny licn which hus prioriry��vcr thi�Sccurity Instrumcnt unleti,Bonowcr:IA)11�fC1'ti �
<br /> in wrldng ta the p.�yment af�he�bliFatiun sccured by thc licn in a manncr acceptable tu I.cndcr;(h)contcsts in gcx�d faith the
<br />, lien by,or defend�ngt�inct cnPorccmen�oi the lien in,Ie�;ul pr�xredings which in the Lcndcr�upinion aperute to prevent the �
<br /> • cnforcement of the Uen;or(c),ecures I'rom thc halder at'the licn.m agrecmem sutisfactory io Lcnder�uhordinuling the lien �
<br /> � ta this Securiry Instrument. If Lender dctenninrs Ihiu any pun uf'the Propcm� is suhjrct ta a lien which muy eittain prioritp i
<br /> . mcr this Sccuriry Instrument,Lender nwy give Borco�vcr u noticu identifying thc lirn. Borrowcr tihull satisfy the Ucn or take
<br /> onc or morc of�hc nctions sct forth atxwc within 10 days of thc�:ivin�c�f noticc. ,
<br /> S. Hazt�rd ar Prnperty lnsurunce. Borrowcr�hall kcep thc improvcm�nts nrnv cxi�ting��n c�reaftcr crected on�hc
<br /> = ' Property insured ngi�inst Iosti b�•fim,har.ireds inclu�led wiihin thc tem�"cxtended covcri�gc"and any uthcr huzurd�,including :
<br /> floods or flaodin�:,far which�Lender royuirc. inxurancc. This insuranrr .hall hr maintaincd in thc amounts zmd fur the •
<br /> . Nbrm 302A 9» rpu.er'ujn pnqrsi ,
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