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<br /> ��'�,E��R wrPH in i�e�►«n�s n�►«�ba�r e�ecaa an chc p�p«cy,ma�It a�sem�ms._�.�.
<br /> , aiod f,aa�ec no�r a 6a�eafitr a pstt of sh�pcopercy. Alt c+eplacem�ts and addicioas s6at1 also be cova��t1�is Sec�itY�._
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<br /> � Imocument:�Al!of the faregoing is•�efated Lo io this Savriry Ia4ormnent as tbe"PraQeKyr. - .
<br /> - - ' b��,��.�....:...,.,a.;;-',��,n.z,,.�.t.,��ti,...p•a.�.�.r1.�c»nvev�txi_hAa the ii��R� �_ _---
<br /> � esVRlfui�c�i wirr.nc.a�u,�.a.,.,.,..... �J of cECOtd. BoROwetw�fi�ts and--- . -
<br /> . - •�Qppy�t$IC pfOpC�lj►�tbit tbt�1'aQEilyt t3 Ufltlil9t[11bElC�.C7tCGj1E�A('Wq1IIt�IIIfiCCS ,
<br /> ' wi(1 defeod gaKraliy tbc ritk io the Ylopetty against ail claims aud detn�ds,svbject to any enc.vmb�uices of record.
<br /> 7'HIS SEC[J[tl'PY INS7RU�'F cumbiaes unifam coveaaam far nationat use and noa-�aiform covenants with � �
<br /> � �unioed va�i�tions by jurisdicEiun tor�ituoc ivnifoan seauity iusuum.entcoverinS reai pmPertY= - . —
<br /> � i1DiIPOR�i OOV�NNAKi'S. Botmwerand[�ender covst�nt aod ag�ee u follows: �
<br /> - ' �. Pl�yre�t.of�9eicip�E�d IN�P�rep�]�t�I.ait C�sr� Basower shaU prompflY PaY�whm due the
<br /> -- princip�i'of and taac�st on die debt evida�ced by tha Note and sn►Y P�Y�������due under the Note.
<br /> Z �lsis tor 13�ses ai�d� Sabjoct to�ppti�Bk lsqr a to a vmuen waives try l.eader.Buirdwer sltaU pay w
<br /> i,ender an the dsy maxht9 P�Y��'e due w�der t6e Nae.wia'1 tife Note is paid in fuU,a sum t"Funds)for:�(al Y�Y .
<br /> taxes aM u�uae�s which miy�tain priaity aver flns Security Insu�nent as a lien an the RoPestY•(b)Y�Y���
<br /> p�yme�s ai g�d rema an d�Prugerty.if�ny. (c) YeulY haz�n!or pmpeity insurar�e P��um� (d)Y�Y��
<br />.. . � insucance premi�mrs,�f aay; t�) Y�Y���P��S aay: aM cfl�r��F1Y�bY�'��ver co
<br />-_ � i,enda�ia aabrdance witb the p+uvisians of p�mgr�ph 8.in lieu of tbe paYmeac-of morcgage uuur+nce piemiams. 'lhesc
<br />__ items u�e cafled"Esemw ltems." Lender maY.�e ary rime.coUat and 6old iiu�ds in aa amount nat to exceed tlie maximusn-
<br /> _ _ - :..amonnt s krxte[f�a federsIIy IIeiaxed_matga�taan may iequue fa Borrower's ascrow account wsder the fMetal R,eal ,
<br /> = Esate Se[tkment YtnCedw+es Act of,i9'74 as ameaded fraRn tnne to iime,l2 US.��2601 a stq:(°RFSPA'�.untess atwthee'
<br />--- taw ltyt applfies to the Tw�ds sets a lesscr amou�"If so,Lender may.at�y time,coikct and MId Fimds in an amount not to
<br />- eu�eed.the lesse�ama�at. I.aider may�the amount�of Fi�nds due on the b�sis of cumnt data and rea.wnabk =
<br />-�_'s., estimates of ea�pendita.�s of fufnne Escmw ltemq or otherwise`in accorduue aitt�applicabk Taw. _-
<br /> .,.-_ 'IUe Piu�ds sbali be lxld in an inst�tutian wliose deposits are insaced by a faleral ageney,instiumentaliry,or eatity
<br /> Ja;, (includmg Lende�if I�ender is snch an instihi6on)or in any Fe�eral Hom�Loan Ban�C. Lender sh�ll�pply the Funds to pay
<br /> -�:�.�" the Esc�,Items. Le�cter map.not charge Barower for holding and ap(�lying the Fun�ts.annually analyzing the esc�w
<br /> accaunf,os.verFfying t6e Fsccow Items,unkss I.ender pays Borrower mterest on�e Fundc and aPplicabie law pesmits � . �
<br /> La�der w malce sucfi.a charge. Nowever.Lender may require Borrower to pay a oae-time charge for an independent�eal —=_
<br /> eque taa tr.poctingseecirace nsed by l.ender in came�cuon with this loan,unless applicable Iaw provides othecwise. Unless an �,� ,�r
<br /> agrcemeM is made or applicabte taw roquires.interest to 6e pai�Lendei strall not be cequir�d to pay Brnrowec any inteiest or - � :
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<br /> ... eaminBs oa tNe Funds. Borrawer aitd Lender may ag�ee in wa►ang.however,that inte�est s[�,all be paid on the Funds. LRnder � �x"-,�.6,��-_
<br /> • � shatt give w Bomower,withoea c�azge.an anpw�l accuuntmg of the Funds.showing cre�ts`and debits to the_�xt�and the �:_��.__,
<br /> . purpose for which each debit ro t�e Funds was rtcade. '['he Fimds are pledged as additio�l security for all sums secured by �-.-,�-,;�'
<br /> �rr�.vu
<br /> ' . this Securiry Insuumeni. `., •-
<br /> If the Punds held by Lende�exceed ihe ainoimts pemiiued to be held by applicabte taw. Lrnder shaU account to �`=
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<br /> - Borrower for the excess Pnnds in accordance with the requ�rements oi applicable law. if the amount of the Funds t�eld by ��--
<br /> "_' Lender at any 6me is not safficient to pay the Bscraw Items�vt�en due,Lender may so notify Borrower in writing,and.in� �
<br /> � such rase BQrrower shal)pay to Lender the amount treoessary to make up the deficiency. Bomower shall maice ap.the .o.�.�_-
<br /> , �• deficiency in no mare than twelvc montlilY PaYmentS.ac Lender�s sole discretion. � �fund w Brnrower an ��-�
<br /> •�' UPon PaYment in fu11 of all sums secured by this Securiry Instrument,lxnder shall promptly Y �:��=-
<br /> . . "� p�mds hetd by Ixnder. If.under paragrnph 21,I.ender shall acquire or seil the Property,lxnder.Pnm'w the?aNisition or �. ,,��.��•;,-
<br /> -�; sale of the Property.shall apply a�Funds helct by l.ender et the time of acquisiGon or sale as a cre.dit agamst the sums ,��.,�.�jA.l
<br /> , ' sceuned tiy this SecucitY Ins�umenG - ,,.-<::r;�
<br /> .r_ 3. Applicatbn o�Y�yments. Untess applicable 1aw provides otherwise.all payments teceived by Lender under <,.�.;;:; :-_
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<br />- • parag�aphs 1 and 2 shall be applied:f rst,w anY prepayment charges due under the Note;second to amounu payabte under 'r
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<br /> � ' p�gnph Z;third,to interest due;fourth,to priaciPal due:and last,to any late charges due under the Note. :• :�-�.
<br /> . q. Clscges;Liea�. Bocrower shap pay ail tazes, assessments.charges.fines and impositions attributable to the -
<br /> • � � pirapatY which may attain priority over thls Security Insuua�en�aad leaseholQ payments ar 8round rents.if any. Borrower :;�_
<br /> , sha1l pay these obHgations in ihe manner provided in Paragraph 2.or if not paiil in lhat manner.Barmwer shall pay tliem op . ���,.�; �;
<br /> ' ';:; 8r• wne directly to the person owed paymen� Horrower shalf prompt t y f u mis h ta L c n d er a l l no tices o f amounts to be p aid uader . '.-=,x,
<br />' ° �:: � this paragtaph: If Barrower makes these payments dlrectiy.Borrower shall promptly fumisb to Lender receipts evidencing _
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<br /> , . �. ��er sha�9 ptomptly dischargc any lien which has priority over this Secudty Instrument unless Borrower.(a)agrees .4.•, "
<br />-. ' ,�� in w�ing to the payment of ihe abllgatwn secured by the tlen in a manner acceptable to I.ender.(b)contests in gaod faith the �
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<br /> lien by.a defends against enYo�xr�ent of ttte lien in.legal praceedings which in the Lender s o inion te to prevent the . f''_�
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<br /> entorctment of the lien:or(c)secures from the holder of the lien an agreement satisfactory to 1.ender subordinating the lien ....„�'�,_,,,
<br /> to this Security Instrumen� liLender determines that any part of_the Property is subjecl to a tien whlch may attain priority - ,••��.;--
<br />_ � � over Ihis Securlty Instrumen�Lendcr may give Botrower a notice identifying the lien. Bonower shall satisfy the lien or taice .
<br />' '� q�e ar moro of the actions set torth above within 10 days oi i�e giving of notice. •
<br /> ,.., S. NaTard ar Prope�ty lnsuranca Borrowet shall[ceep the tmprovements naw exisdng or hereafter erected on the
<br /> � " ` .' praperty insured against to�s by tire.hazards inctuded within the term"extended coverage"and any other ha7ards.incl�ding
<br /> � ., floods or flooding.for which Lender requires insarance. 7fiis insurance shall be maintained in the amounu ana fi,r the .
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