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<br /> �IIfW 1101Y Of �Ml�l� r QY'� � iM! �fOQ�ty. �� l�QI1C0��d M��M 11�� i�/0 bC COMMb b���R� � ..
<br /> • • ��Iw Of(�10�DI�I��f1'Od t0�I11��011f�ly'�r�r�y� .,
<br /> �IQRROWBR OOVBlV dirt Sat�w i�WnrlWly�d,d 1hs�oe b�nbY oaewYad�nd Ire dM d�lt m p�t�d ,.
<br /> oomry die Pno�Cty�ed drt�he�ropetty!s uaoau��d�sso�pt.lbe�aunbrnnoe�of rxad. Dorrow�wr��lt�n1�r10
<br /> detend�nbnfly the dde a the Pnnpaty�a[o�dl cWau aad denrnd�,wbject to nay�ocua�bnr►oe�d e+eoo�ci.
<br /> THIS S�CURiI'Y iNS'TRUMBN7'oanbf4e�uaifonn pova�ufU for n�tiotil we tnd non-uniform vot+��wdth li�oird , �.
<br /> v�ci�tioo�by jud�dktloe to coiWttWo�uni[o�m�ea�rity f�tiume�t oove�l�t�P�P�Y� � �
<br /> UNI�BRM COVSNANTS.Borrowor w�d l�uter coveau�t aad eQree as tollowe:
<br /> 1. P�y�t d Prfreipl� 1�t�nMi Ih''�y�aar rd i.�le�•'� Bonower �II Ix�M�Y �Y�A dYa die
<br /> N'jndpd at wd irkereu un tho debt evidencad by the Note aod a�►y pc�paymau�nd Wo dar�a due uader tfie tlot�.
<br /> Z.I�sds tor Tua�sd laauaaa.SubJxt to�pplic�blo bw or co a wriaen w�iver by I.eoder. Bor�a �t�al1 p�y w
<br /> L.andar un the d�Y�wY WY�s aro duo uader the Nae.until tha Note is pid in fup,�wm("Funds")for:(�)yarfy ta�a
<br /> and as�a�ment�which may atWa prfarity over this Secudty In�uumcnt as a lien on the F�raperty:(b)Yavly IeauehuW psymeat�
<br /> _ _ _ _��. or growd rcnts oo the Property.if pny:(c)YearlY haxa*�f ar prnpeny iasunnce pnemiums:(d)Yarly flad incumnoe praQi�nu.
<br /> if my;(e)Yaaly mo�tgage inwranoe premium�.iP�ny:wd(f)eny sump ppyable by Borrowe�to Lender. in�000�d+na with
<br /> We pmvfsioro of parAgraph 8.ln lieu of thc p�yment of murt�age in�wrw�ce premiums.7'hrse itan�aro callod 'Pacrow Iwm."
<br /> L,e�dei may, su any time. colloct md hoW Funds in an�rnount not w excaod tha ma�cimum anaunt a lender for a fe�der+�lly
<br /> rcl�ted ma�tgage loan may roquim for Bormwer's escmw aaount wider the fodera!Eteal Ectate Settlanent Procaduras Act of
<br /> 1974 as ameaded fiom time W timo. 12 U.S.C.Se¢tion 2601 et seq.("RESPA').uNesse another law tlat�pplia to tUe Fundit
<br /> — xts a ksser�wnt. IP so. I.ender may.at nny time, oollea and hold Fuads in an amount nat to excted the les�er amount.
<br /> l.ader may atitrnte�ho�tnount of Funds due on the buis of curnac data�nd reawnwble atim.etea nf expa li�ur�a�uf fururo
<br /> �w Items ar otherwise in aa;o�dana wfth�pplicable I�w.
<br /> Tt� �nds shall be held in an institution whose deposita ero insurod by a fcidcral agency. instrurt�wllty, or a�tity
<br /> (including Lcaier.if L.erder ia such�instinrtlon)or in any Foderal Homa Loan Badc.L.ender slwll apply the Fw�ds W p�y the
<br /> Escrow Itmns. [�ender may not charg�Bomawer for holding and Appiying the Funds,anmwlly�lyzing the escrow acoount.or
<br /> vuifying the Etcrow Iteans.unless Lender paya Borrower inte�st an the Fwds and applic�ble low pertnits Lender to maka such
<br /> •chargc. However.l.ender mqy noquiro Borrower to p�y a one-time charge for wn independent real eswte tax sepo�tin�servia
<br /> used by l.rnder in oonnection with this loan. unless applicable law provides ulherwisa. Unless an agroemeat i� mode or
<br /> applicebl�law roquires interest to be p�id,Lender shall not be requirod to pay eormwer any interest or wminga on the Fundx.
<br /> Bomower and Lendcr may agra in writing. tawcver. Uwi interest slull be paid on the Funds. L�er�des shnll give to Bormwu.
<br /> without chuge. an entx�af accounting of the Funds. showing credits aid debits to the Funda smrld the putpose for which eacd
<br /> debit u►the Funds was made. 7�e Nunds aro pfedged ag additionai savrity iur s�1i ssuno t+u.��ad by ihi8 Secutliy S�is�t�tte�t.
<br /> If the Funds held by Lender exceed Ihe nmounts perminad to be held by applipble law. I.ender shall Accoum to Borrower
<br />� far the exass Funds in acoordnnce with the requirements af applicable law. If the amount of the Funds held by i.ender at any
<br /> dme is not suffcient to pay the Escrow Items when due,l.ender may so notify Borrower in w�iUng,and.in such cASC Borrowcr
<br />_ — shall pay to i.ender the sunount necessary to make up 1he deflciency.Borrower shall make up the deficiency in no m�n than
<br /> twelve monthly payments.at L.ender's sale discr�etian.
<br /> Upon payment in full of al1 sums secured by this Securiry Instrument, l.ender st�ll prompdy refund to Borrower any
<br /> � Funds held by l.ender.If,under pAragraph 21,L.endcr shall acquire or sell the Property, Lender.prior to the acquisition or sale
<br /> t 9 ms securcd b
<br /> of the Property,shall apply any Funds held by l.ender ut the time of ucqwsiuon or sale as a credi aga��t the u y
<br /> this Sccurity Instrument.
<br /> � 3.Appflcption of PAyments. Unless applicable luw provides otherwise,ull payments received by l.ender under puagraphs
<br /> 1 rnd 2 shall 6e applied: tirst,to any prepayment churge.r due under the Note; second.to umounts payable under parngrnph 2;
<br /> • ' third.to interest due;fourth, to principul due:and I�t, to uny lute chorges due under the N��te.
<br /> � q.Charges; I.lens. Borro�ti�er s@aq pay stl tares, assessmenta. charges, fines and impusitions nttribinahlP tn the Property
<br /> �
<br /> _� :t�� � which may attain priority over this Securiry Instrument.and lea.�huld payments or Rmund rents, if any. Borrower shall pay
<br /> -+s these abligations in the manner pmvided in puragruph 2,or if not paid in that manner, &irn►wer shall puy them on time directly
<br /> a '���.",.5.
<br /> to the persun owed payment. Borrower,hull prnmptly i'urnish to Lender all notice�of amaunts to be paid under this paregraph.
<br /> :��'��°-' }+ If 8arrower mnkes these p:iyrnents directly.&►rniwer�hall pnNnpdy furnish to Lender receipt�evidencing the payments.
<br />-:��,��:;;'"'- Borrower sholl prompUy di�chur�te uny lien which hos prioriry ci�•cr thi+Security Instrument unless Borrower: (a)agrees in
<br /> "'��:-`�,: � wdting to the payment of the�bligution uxured by the licn in u nwnner arcepwMc ta LenJer: Ib>contests in gaod fuith the lien
<br /> �� �-�' by, or defends agoinst enfo�cemem of the lirn in. Icgal prixeedingx which in the t.ender's upinion opernte to prevent the
<br /> �� I_' 3�,::t.,rc,. enfarcement of thc lien;or!c)x�cure,fr�im thc holder of thc licn an ugrc�cment wti,fuciory to Ixnder sutwndinating the lien to
<br />;�C1�;�:a-�''.�«� this Security Instrument. If Lender Jctern�ines tha� any pan�if the Pmperty is,ubjcrt ta a licn which muy attain priority uver
<br /> --- - '�'`'�" thls Seturity Instrument. Lender may givc Bnrcuw�cr u nuticc idcntifying thc lirn. Hurr�w►•cr�hall .u�i,fy thc li�n nr take one or
<br /> ' '�`�y�f �••'L.
<br /> �' h� mare oi the actions set fonh Above within W Juys uf thc givinK ul'n�Nicr. _
<br /> `.� �.:.'�91��' Form 3028 8/80
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