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<br /> .'def'md�aaaslty d�e title tuthe P:ape�ty�all dmps md d�,au�aa to�aY�.ot'.mord• , . <
<br /> - � ` '�Bt.�SF1'[JRit'Y INSTBIJ�ENT aambir�unifonon oav�far t�tRiQqal nse s1d m�ifo�7i�ovea�t�t��wid�litnked � . � .
<br /> _ _— �hi[,�'�c►�tt�6e��fotm��cava'mg�t�ope�tjF -. , - - -< - � - - _ :
<br /> LIDII�OR113�[`AYENAN'IS.`l�oc[u�ra�ad I�aider.00veaao�aod ag�ee as fo�laAS: : �
<br /> . . .� . I.!lt��e�R ai l�tipd ad I�ere� Pf�iqd L�le C�ie�cs-8orco+rrer slali P�PUy P�Y �vbm doe t� � ' .
<br /> p�i�Cip�Yof Aud inp�st�n the de6t'e�idax�d by the Nute and a�ry�tepaymFat md'iaoc'd�es dnauhder thc flibte. •� �
<br /> �. � �.��s�or Ta�es�d��aroa Subjecx te�a�caDb�w os w a�cittd�i�Yet by I.rader�Bdi�n�aier ai�ti.pay_to : ..
<br /> ` . Leader 6n thc day mdnd�lg pymeats a�e dae IInda ti�Nate.uad!i6e Note is prid'm.full.a sw�(°Funds'�for:ta)YCar1Y tu�.. • �
<br /> aid s�anea��fiid�mg auaiu pricxity over this Sa�irity I�as a tien an tl�e Prupary:(b)Yea�'lea�djoid Fa�►oxefs y .
<br /> `� ar gcowd neoRs cfu We Fir�ecty,i�aaY:(c}Y�y�a P�R�Y�P!'eatiu�+;(d)yearlY flood it�ranoe pi�d�a�s. � .
<br /> if aaY(a)�leaelY mort�e i�uranoe prmdt�,if aay:artd(�any sums payabte by Bortnwa to Lepda:in a000adaooe w�
<br /> t6e pcovision�aP p�t�S,in liea�'rE�e pa�yment of mor�e in�mranoe pna�iums.'lfrcse itans acG idfed'Esctoar ltems.''
<br /> _ I.eader m�. �t any time.oollax and AoTB F,�ads i�an ap�eune not w exoa¢tne�ucimum amou�a Imda f�:fader�Ity
<br /> , . Matoid murtga�e loo►tasy necryit�e for 8omower's�c�+uw accoa�u nnder dje fedef�l Re�l Fst�e Sdtlemmt i�nnoedu�es Act of .
<br /> � I9�14 as arr�aided fmns tmie to time,'12 t3.$.C.Saction 26tft a scq.('RLSB�"),anlesi another-lavr tl�at applies to the Fuods
<br /> - < ears a kaser amoiint.If su:I.Ender may,at aey sim�e:oolteoi'�ad twtd Fands in an amount not�tEt exaod tLe lessa a�noant.
<br /> - � Leidrr may eslimate the ae�aiat of F�mds�e o�r the b�sts of auc�t data aac��a.axmble �tes of�cpaudidu+es uf fudue � .
<br /> Fac�uw Item4 or utber�vise in aocotd�iux wht►applicaMc law. , . _ . . . _
<br /> . 17ie Funds shall be hdd in an iratidtuon wbase deposhs are iaanc+cd 6y a fede�t s�ncsr. i�1hy.or amity . .
<br /> - (inclnding l.ender.if I.end�er Is such an i�titution)or in m�y Fecleral Home Lo9n Bat�tc.i.a�cler sh�U appty tbe Funds to pay tbe .
<br /> � Escmw I�ems.l.ender maY tmt.charge Bom�vu for holding a�applying the F�nds,annt�aliy aaalyzirtg tbe escrow�or
<br />- _ _ •verifying tbe F.scroer hems.`tu��s i:e�rd�r psys Bomower inter+est an th�PmQds�d gppttwb2f taar permits txtder to tnate sqdr • —
<br /> __ �chuge.However,I.eader may require Borrower to pay a one-time d�arge for,an indepenclau real estau tax nponing servia .
<br /> = used by I.ender in conrixtion with�this loan, unless applicable taw provides otpeiwise.•Uniess aa agreement ls made ar
<br />'�� 'applicabk law t�equims imenst to tie paid,I.er�der shaU nat be m�rired to pay Botrower arry ioDere.ct or eamings on the Punds.
<br /> = Bormwer and I.ender may agree in wricing.however,that intemst sbatf be paid on the Funds.L.ender shslt give to Borrower. �
<br /> --_ withont charge.an annual a000unting of ihe Fnnds. sttowing criodiu and debits to the Fwsds sud the purpose far wludt each
<br />- debit to the Fuads was made.The Funds ate pledgal as additional security for all sums sxured by tltis SecuritY Insawp�d��
<br />-- If the Fnnds held by I.endev esceod tha ariaunts permitted to be.held by applicable law,I.er�ckr sball acebuot w Bomower
<br />� for the exress FwMs in accarda�oe with the roquirertrents of applicable law. �f the amount of the Fwds hetd by LCder at ury.
<br />._ --_ . , time is�x►t saificient W pay the Escrow items w�en due.Leoder rflay so notity Borrowar in wcitiag.and.in such case Somawer
<br /> � ,�t shall pay to Lender the amount.t�ecescary to malce np the deficiency.Borrower shall make up the deficiency in no more than
<br /> �,�. .,�. twelve monthlY payments•at I.ender's sale discrction. ' . _-
<br /> �, .�.` , ; U�on payment in full af a1! sums secured by this Security Instrument.t.ender shail PmmptiS'refuncl to Borrower amr _--��
<br /> _ Funds held by I�ender.Ii:under paragraph 21. Lender shall acquire ot sell fhe Praperty.Lender,prim to the acquisItion or sale �r;iv�;_"='
<br /> of the Property.�shall apply any Funds heid by l.ender at the time of acquisition or sale as a credit agairtst the sums socured by �`=-
<br /> �=----
<br /> this Security Instrt�men� � ��='=-
<br /> 3.Appliqtion ot�ytnent�.Uriless applicu6le law provides otherwise.all paymenu received by Lender wder paragraphs ��`�a'
<br /> _ �_�_'�T^:� 1 and 2 shail be appliod: flr�t,to any prqmyment charses due under the Note;�eeond.to amaunts paya6le unper parasraph 2; _
<br /> .�'�` y�,� .�_% tldrd.to interest due;fourth,tci principal dae:and last,to any Idte charges duc under the Note. `,'�
<br /> "��'��,;;'"- 4.Chatge's:Lkn4. B�rrowcr shatb pay ail taxes,acu�smenxs. chargcti.fincs and impocitions attributable ta thc Property ���•���`-
<br /> �`
<br /> � .,� �r which may attain priarity aver this Security Inst�ument. and lrasehald paymenfi�or ground ren�ti. if any.Hoaower sfiall pay
<br /> �. s ;�ry "'"'.}: . these obligattanc in ti�e ntammr pmvidod in par:sgmPh�.nr iF nat p�aiU in that manncr.Banower strall pay them on time directly �.
<br /> -���i�:;.�:`•".' :.:
<br /> . 4�;i;.,. •, W the persc�n owod paycmnt.Bormwer shall pramptly furnish to Lender all natices of amnqnts u�be paid under this para�raph. :�:;`;k:'"`;
<br /> -•�='T�t ' ' If Bonawer makes these paymen�ti direrdy,8orrower tiha11 pramptly iumi�h ta l.endet receiptti evidencing the payments. � _
<br /> =;:�..._..;.;: -.
<br /> ;::��-�". :� ' � Borrower shs►II promptly�discharge any lien which ha.c priority ovcr this 5ecurity Instrument unless Borrowes:(a)agrees in ,
<br /> ' �`�` ' writing ta the payment oP t�e abligatean secured by the tien in u manner ucceptabic to l.ender:(b)c�►ntests in gaad faith the lien '
<br /> �t_7 ,. .
<br /> . ity, or defend�against enforcement of the lien in. Icgal pmceali�a which in the t,chxter y c�pinion aperate w prevert tAe" •
<br /> - �� enforcement oP the lien:or(c)tecures from the halder of ihe lien an a reement s:sticfsctu to Lender subordinati 1he lien to - '
<br /> �..- ,,,. � .ec � rY . �
<br /> �". a�.•. , ;•• • tY Y P' P nY � J Y P Y
<br /> .••�-: � �:+. • this Securi Instrumem. If Lernter determines thut an art af thc Pra e �s suh'ect ta a lien which ma Attain TlOfll over
<br /> •�-':' :°j '' tAis 5ecurity lnstrument. Le�tder may give Bormwer�noticc idcntifying the licn. Bi+rruwcr tih�il wti�fy the,lien or tatce�ne or
<br /> .-f_ .
<br /> .r.�_,;:,�'� � more of the actions set forth above within 10 days nf the gi��ing of nutice. �
<br /> ,�;-x-,�;r � • form 30Z8 8/80 „
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