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<br /> — . , ' �'I�OG�THER Wl'E'H slt the imptoVettleo�ts ipMr Ot heceaftes enccted bn t}�prqpetty.an�stl dicements.�. .
<br /> ' . aod 8xaxes now an c�e�es a p�r!of th�p�y: A!l npiacemeats an3 addiaons sball also b�oavercd by dus Secutit�► .
<br /> T�teurt�enE Atl of the fixegoing is tefened to in this Security Insttument ag thr"Ptoperty:" �. , � . ,
<br /> - — �--_-B WER COV�fARi� wer�s wFuliy seisod of t[ic e�arc i�y wnveyw�a�s u���:�;,a:�•�- :- -
<br /> _ aad convty the P�ope�ty and that tde�mpetty is unencumlxRd,exc9ept fofsncum6cances of reca�d. Sa`mwer wa�rmts atid
<br /> � will defend generaiiy d�titk co the Ptopeny against all ctairas and d�mands.subject ta any.encumbranoes of t+ecord.
<br /> THIS SECl3RYi'Y INSTRUMF.IyT can6�unifam covenanrs fnr national use and non-wiform cavmants with
<br /> - -- Eimitod variations i�y jnrisdictio»ta constitutc a uaifoim sceusiig insuuniertt covering ral p�aperty. " . . ` ,
<br /> — YTNffOR1V�tOYENANTS:Bor�owa and i.ender covenant and ag�e as follows:-.
<br /> - - � l. P�y�at o[P�idp�!s�d L�Prepa7sc�t a�Late Ciuses. Barawer sdaU p�omptlY paY wbai due We
<br />- priacipat of and inca�st an the debt evideneed by the Nae and anY psepayment and late chazgts due under the Note.
<br /> et
<br /> - .2. Fa�ds far'I�Yes s�d Its�a�ca Subjact m�ppli�able hv►r or to a written waiver by i eoder Barower sl�ali pay to
<br /> � I.e�det on tbe daY�Y PaY��arc due under the Note.w►W the Note is paid ia fuil.a sum("Fwnds")fa:ta)Y�Y
<br />� . ' taxes and a�sments whic6 raay attain priority over this Security Ipsuutnent as a tien on t4e Pco{xctY:tb)Y�1Y���
<br /> - ,s: ' paymerxs ar gmund ancs on the Prapaty, if.an,Y• (c)Yeac1Y hazard °r P�P�riY insr_+�� p�+emioms; (�YruIY Auod
<br /> ��TMe ptemiums,if any:(e)Y�Y��8���e Peemiums.tf any:�nd(ty any sums payable by Bamwu to
<br /> Lrnder,in accwrdance wiih the ptovisions of paragraph S.ut!iw of the payinent of mo�tgage insurance peeariums..'Chese
<br /> ,_ items are calial"Escrow Items." Lender may.at any tune,wUect and hold Fiu�ds in an amount aot to exceed the maximum
<br /> � x- ' � amount a leoder for a fedtrally telated mortgage loa�t taay require for Botrower's escmw accaunt und�er tdc federal Reat
<br /> ' '� '- - Estate Sett2ement Pmcedures Act of 1974 as amended from time to time.12 U S.C.§2601 etseq.l"RESRA").aNess another =_
<br /> :_ . • law thai applies ta the Funds;se�sa lesser amc►un� If so,i,ender m�y,at any time.collect and ttoid Funds in an�maant not to - —
<br /> (� < eacoed tbe te�sa amaun� Lender may estia�ate tl�e amount of Fiurds due oa the basis of c�rrrent data and reasonabk ----- '
<br /> - estimates of expeai�tvres oF future Escrow Item's or otherwise in accordance wtth appGcabTe law. ��-._-
<br /> Ttk Fmsis s*Jalf 6e ixld in an institutian whose deposits ac�e insuced by a fafetal agency iastrumentality.or e�ttitY �`�= --
<br />. ,x:,� (iach�diag i.ende�if l.ender is.such an institu6on)or in any FeQeral Nane Laan Baak Lender shalt appiy the Funds ro PaY �:,-
<br /> the Fscrow Items. Lender a�ay not ct�arge Ramwer for holding a�ul applying the Fundc.aanurally an•rlyzing We�escrow� �"`�_`-
<br /> Y�•.' �->..a.�::_
<br /> ' = acvount.or verifying the Escrow hems,unless�.ender pays Bamwer interest on the Funds and applicable IaA p�rmits ,. �---
<br /> ' ix�.ider to make such a charge. However,Lender may require Borrowec to pay a"one-time charge for an indepe�6e�ceal ��J�
<br /> _._.. �te ps r ' setvice used by LRnder iu connectiQn with[his loa�untess applicabte law p�nvides otherwise. Unless.�n � l �:
<br /> ep°m°g �.�, -- --
<br /> �'.•-'.: '' agrcement is made or applicabte taw requires iaterest to tre pa�d l.ender shall not be required to pay Borrower any interest or .- �
<br /> • -;. ° .
<br /> '��,`�,`. eamings on the Funds. Barrower and Lendei may agree in wnung.however.that in[erest shall be paid an the Fvnds. Lender �-
<br /> .�T,�..} . �:n�_
<br /> -•- . ��;-�-- � shall give tq Bomnwer,withoui cbatge.aa annual aceounting of the Funds,showing credits and debits w the Funds and the
<br /> • �;�r. putpose for which each debit to the Funds was made. The Funds are ptedged ab additional.security for all sums secured by •. �� ;.•_
<br /> ...�: 2 _; . , r. -�.
<br /> , `.:�1'y'�' � . I�11S�l.'CU[liy TILStL17IIICl11. y`_;. � - •:
<br /> � If the PutMs hetd by ixnder exceed the amoun�s permitted to 6e beld by applicable law,t.ender shall account to �.�',�r+'-�;-'"—
<br /> �; .r�_..� : Bortawer for the excess Funds in accordance with the requitemenu ofapplicabte 1aw. If the amoume af the Funds held by =��'�' �
<br /> ::.-;.�-W �.
<br /> �:%��.��'� l.ender at any time is not su�cient w pay the Escrow[tems when du�l.ender may so notify Bomower in writing,and.in __
<br /> .. . " � ' such pse Borrower shall pay to L.ender the amount nacessary to make up the deficiency. Barrower shall make up the fr � _ .
<br /> ' �:�`"'�� defrciency,in no more than twelve monthlY paymenis.at Lender's sole discretion. _- --
<br /> '*:`.l�,-=:• • Upon payment in full of sIl sums Secured by this Security Instrument,l.ender shalt pmmpUy nefund to BrnraQVer any - , �=K.._
<br /> , Funds held by Lender. If,under paragraph Zl,i.ender shall acquire or seU the Property,l,ender.pnor to the acquisition or � ; � .'—T�---
<br /> �:......a,
<br /> , .r_ • - gA1e of the Property.shall appiy any Funds held by Lender at[he time of acquisition or sale as a credit against the sums .. :..��
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<br /> �.�� .°. � se�ured by this Security Instrument. ; �=���
<br /> 3. Agplication of Pt�yments. Unless applicable law pravides otherwise.all paymc�ts received�by Lpnder under . j:"►
<br /> � � paragraphs 1 and Z shall be applied:�rs�to any prepayment charges due under the Note;second.,to amounts payabte under _- _
<br /> �' �� paragraph 2;third.to interest due:founh.to principai due:and tast.to any late charges due under the Note. _
<br /> � . �=� � • 4. Chsraes;Lieas. Bomawer shaU pay atl taaes, assessmenu. charges.fines and impositions auributable to the . -
<br /> _ • � Property which may attain prioriry avcr this Security Instrumeab and leasehold payments ar grounArents,if any. Borrower , . . . . Y
<br /> ��♦ � shall pay these obligadons in the manner provided in paragraph 2,or if not paid in ihat manner.Bortower shali pay them on ° `�"" —
<br /> •�;:.,:.��, time directly to the person owed paymenG Bwrowtr shall promptly fumisb to l.endet all notices of amounts to be paid under S
<br /> i;�.'�'•'a•,. .' this paragraDh. If Barrawer makes these payments�direat�.Borrower shall prompdy fumish to Lender receipss e�idencing . •. ,
<br /> �. .;i�rc'F'i �� 111C Q�1}H11CAG9.
<br /> i:.; •.,..�; ; Borrower shal!prompqy discharge any tien which has priority over this Security lnstrument unless Borrower:(a)agrees . • �';�•
<br /> �-`.-il�.`:a: •. in wtiting to the payment af the obiigatian se,�.tted by thc tien in a ruanner acceptable ta l.ender:(b)contcsu in good faith the -,,x�: :
<br /> `_�'' lien by.or defends against enforcement of�tte lien in.legal proceedings which in the Lender§opinion operate to prevent the :�'�z. ,
<br /> - ,:;;,�.���• _ �, enfotcement of the lien,ar(c)secures from the holder of the Ifien an agreement satisfactory to L.ende�subordinating the licn • . ;.�.; .
<br /> . � '�' . s mena If l.ender determines that an art nf ihe Piro is subject to a lien which may attain pdodty • .
<br /> . �,. :' .,f., to this Secunty In w Y P P�Y
<br /> � ?,•.. . .
<br /> ,';,._ :_
<br /> ;..: �. over this Securlty Insaumenf.l.ender may give Barrawer a notice identifying the lien. Borrawer shall satisfy the lien or take ,
<br /> "�e7.k-a.:•:.;-.
<br /> •' :�•i•, � -,-... t_ • • one or more of tt�e actions set foRh�bove within 10 days of the giving of�otice. . . . ., .
<br /> �. � 5. Hazard_or Propeety Insuranca Borrower shall kecp the c�'ovements now exicting or hereafter erccted on tha � , .
<br /> . " . , � PropeRy insured against loss by fire,hazards inciuded within the temi`eacended coverage"and any other hazards,inchrding � ,
<br /> s:�..�.� � floods or flooding.for which Lender requires in.vurance. This insurance shall be maintained in the amounts and for the f•
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