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<br /> 6�ouFes taw a�iere�fttr a p�et.Af t6e pcoper[y. !UI npl�oemaxs,aod additi� s6aU aisn be�cbverod by t6is Sea��r ,. .
<br /> � I�uurnent.Afl af tbe fohego�n�is�eferiod to m th�Set�igr`t�c a3 tl�e"Pia�ecty." � , .
<br /> � HORROWE�t(70VENANTS thu Bornawer is tawfapy seised of the�esp2e heahy convryad and I�as 36e light to geant ad.
<br /> . , oomzy d�e P�vperty aod.that��Pmpezty is.�abd,exapt for`encum6laroes of�eooid. Bor�vwer wartants and will :
<br /> dete�8eaer�Uy the dde ta the Pc+opaty sgain�t all claims atd de�and.s,subjax co any ennm�noes of ceoord. < `
<br /> TH(S SFrCURITY INSTRtJMENT oombiaes m�iform covenants for mdtional asc and nou-�miform oovenants with iia�ted� ,
<br /> _ �by j�uisdisdon tn ca�stimu a uni5�.seouitY���S�P�F�Y-�-- -- --- � - -
<br /> � , ZJN�ORM COVENAN�'S.8omower�d I.mder cbtreoa�and agr+ee a's fallmvs: `
<br /> I• Pa,y�nat a[Pliotipel and Iatereah Pre�ym��ad Lah�isr�s- �orrower sGall promptlY PaY when due tde
<br /> .•priocipa}of and inmerest ou the debt evidencad by tbe IVute mid auY P1'epa.ymcnt aM late e6arges due under tbe IVote.. ' .
<br /> • ' .2.��ds for Ts�es aRd b�oa Snbject to apptica�te�aw or 1�a wrioea waiver by�.Barrower sl�al!pay w, .
<br /> . I.eoder oa the�xY.moadQq P�yments an dne wder 8be Nou,�the Note is�aid in fuit,a sam("Funds")for.�a)Yaar1Y�axes� .
<br /> a�sd assessme�s w6ic6 may auain ptioriry over this 5ecurity Inst�i�ment as a lia►on tbe Pcopecty:(b)Y�Y�►►�P�Y� � , , .
<br /> - " ot grau�l nnts od ibe pro�ecty,if any;(c)Y�Y���F W'oP�Y�P��:(dl Y�Y ttaod incwaaoe ptaniw� -
<br /> - if any;(e)9earlY m�rt�ge��r�i�.�f anY:aud(�any aums payable 6y 8ornower to L.ender.in a000rdu�oe.v�ritb
<br /> . die p3ov�sions of parag�8,ia lieu of tbe payment of mortgag�i�oe pce�aiutns.These iEe�are ca`llod"Esccoa Itaas."
<br /> I.eador m�y, at aay tuna. collact a�latd F�inds in an arttoum rpt w exceed ihe maximum amou�rt a iender for a.federally '
<br /> ' � �lue�`moR888e loan maY reiNire for�orrower's`esc�nw aGcaint under the fed�ra!Real Fstaie Settfement Pivicednres Act of .
<br /> , 1974 a4 ameaded fnam time w time;l2 U.S.C.Section Zb01 et seg. ("RF.SPA")..unless anether law that.applies to the Fands �
<br /> � sds a tessu amo�uit. I€so.I,erder>may. at aay amc.wltact and bold Fuuds in an�mnonut na co,exoead•the lesser arnouru.:
<br /> - • Ladcr may�thc.�aaiou�of Fw�ds due on the basis of c�rreat data and reasonabte estimates of ex@eaditur�s�tf fi�wve
<br /> - Eserow Itea�s or ottieivrise ia aovordanc�with applicabTe law. . .� . . .
<br /> ' . 'i7ie Fot�ds shali be held'm an iuct3tution whpse depnsits'are i�mtned by a fedetal agency, instttnneatality, c�.eatit9
<br />_- ' � C��AS I.ende�if I.ender u sach an institution)or ia a�ry Fedeial Home Loan gank.I.ender shall appty the Fwds to pay the .
<br />-- Esrnuw Iteu�s.l.ender may not d�arge Borrower for hotding and applying the'Fw�ds,annuaUy anatyzing the escrow acv�nt,or
<br /> - _ verifyiitg ihe Escrow(tans.unless-Let�d�x paysBormwer ituenest w►tbe Fuuds and ap�plicaf�te!aw permits Lendec to maice.s�tch - _.--
<br />_ ° a charge.However. i�ender may require Bornower to pay a on�timc cbarge for an iadc��endent tral estate rax�porting servioe _ -
<br />-- nsed by i.ender in connection with this loan, unless applicable law provides otherwise. Unless an agreerneat is made or --
<br /> ° appl}cable taw requires interest to be paid,i.ender shait sat be recryired w pay Borrower any.interest or eamings on the Fun�ds. �:=--_.
<br /> Borrower and L,eoder may agree ta writing,dQwever,tl�aat interest shall be paid on the Fuads. I�euder shall give ta Bormwer. �-__
<br />-- without charge.an aunual accounting of the Fupds. showing,credits and debits w the Fw�ds and the parpose for which each —
<br /> debtt W the FuMs was made:The Fw�ds are pledged as addiam�af'security for all sumg secured by tfis Security L�u�m.
<br />_ `-` � If the Funds held by L,ender excced tbe amoums permittad to be held.by applicable.law,L.ender shall axoum to Botrower
<br />`-�� � for the excess Fimcls in aocordanoe with the requirements of�applicable law. if the amount of the Funds held by Lende�af any -
<br />__— time is not sufficient to pay the�scrow Items.when due.T.ender may so�notify Bahower in writing.and.in such case Horrower , _--
<br />-- � shall pay ta I.endgr the amouni necessaty to rnake up the deficteRCy. Horrower shai! matce up the deficieacy in w mnre than —.-:
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<br /> � tarelve monthlY payments.at Lender's sole discretion. . X
<br /> U n m in full of all sums secured b this Securi lnstmment. Lender'shall refimd to Bortower �"�
<br /> Po P� Y tY P"omP�Y �Y -?a.�-�,�,'':..:._
<br /> F�nds held by Lender.If.under paragraph 21.Ixnder shail acquire or sell the Pmperty.I.ender.prior to the acqnisition or sale ' •�:•-.� `�
<br /> - af tde Property.shall apply any FuMc hetd by Lender at the time of acquisition or sate as a cr�dit against the sums secured by '.����i.:�::�:�
<br /> this Securiry lnstrument. ";�
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<br /> = 3.A katton of Pi� :..�"�`
<br /> ppl yments.Unless applicable law provides atherwise,ail payments received by Lender under paragraphs ; �-�.,
<br /> - i and 2 shall be a lied:�irst.to an ment es due under the Note:second.to amounts able under ra h 2: ''�.�-�°
<br /> +z:;� PP Y P�Y �S • PaY P�8 P , .,
<br /> _ � � �";, � third.to imet�st due:fwrti�.ta principal due:and tast.m a�ry late charges d�e under the Nate. � ��i
<br /> - •��� 4.Cb�uges;Liere.Borrower sha11 pay all tax�.as�essmen�c.chargec. fin�and impcni[ianv attributable ta the Properry • .� ..,�:
<br /> which may aitain priority over this Securiry Instrument. mid leasehold payments or gound rents, if any. Borrower shall pay = •• "
<br /> ` these obligatio�ts in the manner provlded in paragraph 2.c�r if rm!paid in that manner. 8arrawer tihall pay them an time directly .� ' � „
<br /> w the rson owed a men/.8orrawer!�hall ram furnish to Lender uil notices af amaunts�ta be under this h. ��'�,
<br /> P� p Y P P►�Y P� P�B�P '..;;s..
<br /> �.� If Botrawer makes these paymen�s directly.Bc�rrowcr sha11 pramptty furnish[o L.�mder raxip�c evidencins ehe paymen�c. ' �'��`.�I���
<br /> �r��.. Botraacr ahall prompsty discha�gc any lien which has priority ovcr tfiic Security Ir�trumcnt unlcss Barrowcr:(a)agrtixs in - . .�� '�
<br /> ':. writing to the payment of the oblisation sccured by the lien in a manner ucceplable to Lender;(b)contexts!n gewd faith the lien �
<br /> by. or defertds asainst enfotccment oF the lien in. legal proceedings which in the I.ender s ��pinion opernte to pi'twent the `"�;
<br /> �':: ` enforcement of the lien:ar(c)hvcures from thc holder of thc ticn an ag�crmcnt satisfactory to l,cndcr suM�rdinating thc lien ta '
<br /> g;�:';"� `'` � this Security lnstrument. If Lender determines that any part of the Property is subjeci to:�lien which may attain prinrity over
<br />= ���'�•�� thls S�xurity Inswment. Lendcr may give Borr��wcr a rmticr idcnlifyittg thc licn. 8nra�wer tih�lt tinti�iy the licn ur take one or
<br /> � ._,-_ .
<br /> , more of the actions set forth above within 10 days oi tfie giving af naticc. .
<br /> Fam 3028 8l90 . .•
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