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<br /> TOCIRTNER WlTH dl tAo Improv�nxnte now ae htrc�fki eraSqd 9n�F.e propenY.lfi�ill e�smxnu.rppunen+nca�itd ." ,
<br /> fixturta now ot htredfl�r s port"ot tlro propeny. All rcplAameple end bdditlons shdl also 60 oovered by�his Securiry �
<br /> Intuumutt.All of tha forcgoing ls tcferted toln�hls Secudty Instrunxnt e.s Un'Proyerty.' °
<br /> H6RROWER COVBKANT9 tAat Borrower is Iaw(ulty.seised ot�Ae es�am hercf,y mnvcyed and has tho rlght m gruit ad
<br /> copvcy'tiw Propetiy end Q�st�he Yroperty Is untnFUmDered,exap� for encvmbnnses ol rceord. Bortower wuruib and wllt
<br /> defenA general�y thG Udq to tho Prqxny against etl clalm+end den�rds,subJcct to any encumbrarkes of rccord.
<br /> THIS^oL�CUR17'Y INSiRUMIINT combincs aiilfom�mven�nrs for national uso aMt non-unlfomi covenants with Ilmitsd _
<br /> vulaUone by Judsdictton to constlwte e unffomi seqfrity inswment mvcdng rcal propeny.
<br /> � - -��� ONIFORM COVENAN't'S.Borrowcr nnd Lender mren�nt arA egrx ea follow5: �-__,:,.: .
<br /> 1. Avymrnt ot Prfpctp�l and Intensl� Pteyaj�utW and I.Ate CEuages. Eb[rower shall promptly pzy whtn dae the
<br /> prixipal of aid Inurast on the dcbt evldenad by U�e Nocc ond any prep�ynxm ond t�te chvrge.a due under tha Nae.
<br /> � 2.F4ndv fw Txxcs nnd Insw¢ace. SbbJect to npplirnble law ox to a wrie�cn walver by Lcnder, Bottower stu11 pay to
<br /> � Lader on the day n�nn�hly pvynknts are due under th.�hotq until�he No10 is QaIA In full,a sum('Funds')for.(a)ye�dy taxw —
<br /> and eucssmenes which mxy euai4 pdqrity over this Secuflty Instrument ee a Iien on tho Prop�ny;(b)yeady luseho�d paynknls .
<br /> - or&round rents on thc Propeny,lf eny:(c)ycady harard or propcny Insurenco prcmiums;(d)ycady finnd Inwmnco premfunu,
<br /> if eny;(o)ycady mongngc incurenco prcnilunu,if uny;and(0 any wnu p�ynbtc by ltorrowcr to l.endcr, In pccordanCO xith
<br /> tha provisiom of parogreph 8.In Iicu ot tha paynxnt of nwngugc Insuronw prcmiums.Thcso Itcm�oru colkA'Lurow lienu."
<br /> I.endcr nmy, m any tlnx,mllcp ond hold Punde In nn onroum no� ln excccA dio nuMlmum onwunl o (cnds� for a latst�lly
<br /> relaicd nwngego Ioan may rcqulro for Qarrowel�escrow uceoum wdcr thc falcroi Rcal Cstnto Setdcnxm Prottdure�An aP
<br /> 1974 m anxndcd from tinw ro Unx, 12 U.9.C.Scc�lon 1601 er srq. ('HCSPA'),unicsa nnothcr luw�ha�upplin�o tl�o Funde
<br /> scte o Icsscr anwum. If so, l.endcr nwy, at any tinx, milcc� end Iioid Fund� In on amouN nut to cxcccd iho Icsxr enxwnt.
<br />� - -�"'" `� Lendcr nuy cstimme�he umount of FunJ�duc on�he bmin nf iurrent dale and t�son,Ak estimatcs ot exp.ndimres of futur� -
<br /> Cscrow I�enu ur othcrwise In uccord�r.ce wlih oppllcabte law.
<br />--_,,;�-� The FurAs shall be Aeld in an institutfon whox deposiu ere {nsured by a fcder�l egency, inswnxmalfry, ot rntity
<br /> -- (including Lerder,if Lender is such an instiwtion)or in any Fed¢wl Honw Loan Wnk. Le�der shall eppty�he Purds to piy tho
<br /> .�--,��r Pscrow Itena.I.ender may not chnrge Borrower for Aolding end epplying the Funds,annually enalyzing�he escrow accoum,or
<br />-+'-'=:�`�'• vedfying!he Cscrow Itenu,unless l.e�er pays Qorrower inicrest on Ihe Funds nnd npplinble law permlu Lender to mate such
<br /> :� ,�`fiL a charge. tiowerer, Lender may requlre Oorton�er to pay e one-time charge for on Indepeadent real estute rex repottiqq service
<br /> uxd by Ler.der in rnnneaion wi�h �hls laan, uniess epplicablc law provides o�herwisc. Unless en agrecnxnt Is mxle or
<br /> � "t' epplicabtt law requires inleres�to be paid,Lender shill noi h required to pay Qortmvcr eny interest or eamings on thc Funds.
<br /> }�� `� � Dartower end Lender may agrec in writing, hox'cver,that interesl shall be paid on the Fnndv. Lender shall gfve lo Borrower, �R�..
<br /> J;
<br /> ,s- -ui ,�• without charge, en annual accounting of the Fund�,showing credi�s and debits lo�he Funds and the purpose for which each �-�,•�: _
<br /> µ�:r'- ucoii iu(he Fu6Ji wm iiw�2.'i hc Ftii�d+uic(ii�1$cu uS d��iilviial"xCiiYiy�Ll aii iuS.i ici6iwi`v�i'iii wnUlity IfulNTni�i. -_ -' .
<br /> �� '+�t�•. I(tlw Funds htld by Lender excecd the nmoun�s pennitced�o be held by npplicable law.Lender shall eccount In 6orrower �t:
<br /> .r;,,, (or�he excess Funds in attrordance with the requiremems o(applicable la�v.If�he nmoum of�he Funds held by Lend¢r a�any
<br /> �i. � 4i tink is mt sufficient to pay�he Purow Items when due,l�cr.der nny so no6fy Borrox�er in ariting,and. In such ca5e�orrower �y._ ,_:
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<br /> � ��� shall pay�o Le�tr�he omount �xeessary�o m�ke up the deFicieacy. Bonower shnll make up the deficlency in no more�han - �
<br /> _''�,�.,, -` nvelve nwnthly paymems,m l.ender's soA discretian. ��C�`�3?{"'
<br /> }:j y- {` Upon {nynxm in fuil o(nll sums securcd by this Security� Ins�ivmem, Lend.r shall promptly refund l0 13orroxrr eny t''�i1� „�.
<br /> . � : _ Funds helA by Lender.If,undcr pamgraph 21. I�enJer ahall ncquire or sell�he Propeny. Lender,prior io the acqulai�ton or sale < ���=y *�;
<br /> of�he Prn n shall n I nn �undv held b Lender at�he time o(uc ukiifon or sde nc a creelit a afns�dte sunu.v:cureA b aj t ^< '-
<br /> �n� �.- : P Y.. PPY )' Y 4 6 Y .�,q.
<br /> 'Y • Ihis Saurhy Insirumcm. F�S� .�f -
<br /> �},� Jy�, 3.Appllrnflon oT P�vmenls.Unless applicable Imv provides aihenvisq all paym.ms rceeivcd by Lender under pa�agraphs %��,t�lt .�-
<br /> +(,..i =
<br /> - I and 2 chall be applied: first, to any prepaymem charges Juc unJer�he Noic; secnnd. �o amoums payuble under para�ph 2; 1+7j,.-��� -�"
<br /> '��4`�'�:; Ihird,�o inlcres�dur, founh,to prinripal dur,mid Insi.io any laic chargcs duo undcr�hc Nac. ��3{i�,;i iht;_'�
<br /> } - 4.Chnrges; Liens. �orrox�cr shall pay nll iaxes,acscun:enu,chnrgcs,fincs nnd imposi�iuns anributablc to the Pmpcny S� }'�yt,:_;:
<br /> v.•hicl� nw auain riorit o�•cr�6is Scrurit Insvum.nt, and lea�ehntd � m.ms or round rems. if an Dorton•cr shall � R�.� 1L'�
<br /> ,.:ti: :_.' 3' P 3' S" P Y 6 Y• R 3' '„'1."i>::...`..
<br /> _"�`:-: , �heac ubligminns in�he manner provid�d in par�graph 2,ar if not paid iu�hat manner. Dorro�cer sh:dl pay�hem on time direc�ly .,, }..�;+...
<br /> ` -� �,�, ro�he penon awad payntenl. Uorrower+hall promplly furnixh�o Isndtr ull nolices of mm�umx l0 6e paid under�his parngraph. �' �;,T^� .
<br /> If 0.�rtm��er makes�hese payirknu dir.ctly. Wum�rer shall prnmpdp fi�mi+h lo Lender recripw eviJencing the paymrr.�s. ,ZJ i��.- :
<br /> _ � �`-. Borrox�er shall prnmpUy dischargc nny licn�chidi has priori�y o��cr�hic Securiq•Insuumcnl unicss Qorrmvcr.(a)ngrecx in �`� �. _
<br />-.�.,i`i. � �vriting to thc paymcN of Ihc obliga�ion xnurcd hy Ihc licn in a manncr acapiahlc lo l.cndcr.(b)comcsls in gond fnith Ihc licn �Sit';�•�s"i�-��.
<br /> - - ,,-�'. by, ur dcfenda ngaincl enforcemcnl of Ihc licn in. kgal pnx'cadmgc uhich in ihc l.cidcr's upininn opcm�c to prevent �he +iJ?,.. _
<br /> i -. " enforeenxnl n(Ihe licn:ar(r)secure.Gnm Ihe hoWer af Ihc licn an agrtrment.atisG�ctore�o I.enJer subnrdina�ing�hc lien to t�°� �
<br /> ' Ihis Sccurily Inslrumcni. I(Lcndtr dcltnninn Ihal anp p:vl ol �hc Pro{un) i5 +ubjc.l lo a licn uhid�may aqain prinrily rn�er �'?yst� .;..���
<br /> ::}r:,"��,° IAis Securi�y Instmnum.Lender ma��pi��e Dorrnn.r a m�6r.idrmilymg�hr hrn.Hnaoner.hali.:�li.f�� the lien or 13ke ane or S)t.F:,,._.'
<br /> `j;'� morc of�Iw acliona tc�fnrth�bavc wiihin 10 J.p.ol"�ht gi�ing of noticc - i�:�.. .
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