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<br /> � , T0a6THBit W17Ti AI ihe Improvemenn now.or heraRer ercaed on�he PrupenY�and�I axmrnu��PWnenaisei,Hd, .
<br /> i .. fixmra now or herafter � p�rt of the propeny. All repi�otmeme and �ddl�lon� stull atw bo coverod by thif Sec�rity
<br /> � ' Imtmmem.Allafrtaforcgoingisrckrredtolnth�s5ecuriiy[nuNmentw�ho'Propeny.•
<br /> � p0RR01VBN COVBNANTS tMt 8ortower le Iawfully selscd of the atnt8 hettby conveyed and hu�ha right to g[am ind
<br /> ' wnvey ihe PropeHy nnd tlwt tlro Propeny Is unencumtxreA,exapt Por ericum6ranaa Of rcrnrd. Oorrower wartsnn Ond wilt '
<br /> �' defend generolty ihe tido to�he Propeny agalnst all dalnu and demands,wbJcct�o any encumbrances ot rcoord.
<br /> TH[S SECURITY INSTAUMHNT mmbines uniform rnVenanla for ruilon�l uu ad nan•uniform covenanis wieh Ilmitod � .
<br /> . . .. .. ,,.,,� vadeflonsbyjudsdiGfontowmqtvtoeuniPom�ucud�ylnctmnxmoovcringrcalproperty. _
<br />. � UNIrORM COVpNANTS.8nrroxror end Lcnder mvcaant ond agrca as followa: -- -
<br /> I I: P�ymmt of Prtnclpol and Intercsti Prepoymeat pnd Ute Charge�.Borrowcr ehall prompJy pay when due the
<br /> principal of end intuust on the debt evidcnccd by the Note end nny prcpayment end lutc chargca duc under thc Note.
<br /> 2.PUndv tor Texes and insunnce.SUbJect to epplicablc law or ro a wdtten walver by Lender, Borrower shal!pay to
<br /> ' Leader on tho day momhly paynxnts ere due undcr�he Noic.umii�he�Note Is paid(n full,a sum('FLnds')for:(a)ywrly tues
<br />._ . ___ ond aticssments which may ettaln prioriry over this Secudry Ins�mmen[as a lien on the Propeny;(b)YcarlY leasehold payments
<br /> � or gronnd rents on tlxi Propeny,If any;(c)yearly hevard or propeny insunnce premiums;(d)ywrly Oood insurance premlums. -
<br /> i if eny;(e)yearly mongage insurance prcmiunu,if any;end(�nny smns payobte by Bortower tn Lender,in eccordance wUh
<br /> i
<br /> • Ilio provisions of parngraph 8, in Iieu of the payment of mongage insurance pmmimns.Thae items en:cn�led'Escrow Items.'
<br /> , Lender may, at eny�ime, collect end hold Funds in en amomit not �o exceed �ho maximum amount a lender for e feAerelly
<br /> , rcletal mortgaga loan may rcqufre foT Rortower's escrow eccount under the kderal Real Gstate Settlement Proccdur�Am of
<br /> . I974 e�omendod R4m tlmo m time, I2 U.S.C.Scetlon 2601 e�aeQ. ("RESPA').LLf1ICSi AOO�M1C�I8W IIIAI 8�1�)IICe I01I1C PUIId9
<br /> --------- sete a lesser amount. If w, Lender msy,et any Nmc, mllcet end hold Funds in en amo�mt not lo excced �ho Icsxr emount. �_....-. -
<br /> � L.endcr may u�imaic the emount of Funds due on We basfs of curtent dnre xnd reasonable csifmate�of expenditurcs of Poture
<br /> � Escrow Ilenu or otherniao In eccordnntt wi�h npplipble la�v.
<br /> -s�%l� 79�o Fundy a6a11 bo hcld in an ins�imlion whose deposi�s ere Insured by e federal agency, instrumcntali�y, or emi�y ----
<br /> � ��� (including t.ender,if Lender Is such un in�tituUon)or in eny Pcderal Home Loan 6nnk. I.ender shall epply�hc Funds�o pay�ha
<br /> _— _— Escrow Rems. I.ender may not charge Uartower for holding end opplyfng the Funds,nnnuelly enalyzing�he escro�v accoun6 or _
<br /> _ verifying�he Escrow Itenu,unless I.ender pays Etorrorver imcr.at an�ha�unAs end epplicable law pem�iis Lender to make such �
<br /> e ehargo. However. Lendcr may require Darro���cr to pay e one-time charge for en Independent renl esie�o tex rcponing scrvice
<br /> �—'���� uud 6y Lendcr in rnnnation �vith thia loan, unless applfcable Inw provides otl�envise. Unless nn ngreemcnt is made or �-,Y=—
<br /> -.��.-� eppticable law requires Interest io be p�id,Lender shall not be rcquired to pay 6orro�vcr any imcrest or camings an�he Funds. R?!Y�=��.�
<br /> j�' Dortower and Lendcr may egrcc in writing, hou•cver, �hat fnterest shall be pald on�he Funds. Lendcr shall give to Oortower, t =_,.
<br /> �-� WilI1Ri!4Il1of, a�C�fl!�2I?o!'ng�i�po n(�hf Fnq�lc chnwino croditc and dchils tn the Ponds end Ihc oumnsc (or�vhich cach �s--...
<br /> wc��nx
<br /> i[t�,';� debi�ta iho Funds�vac niado.77�e�unds are pitdged ns oddillonal securiry for all sunu sen�red by�hix Secufiy Insltumenl. �.���•t.--
<br /> {�+, i If tho�unds held by Lcndcr cxcccd ihe nmoums pcm�iued io be held by applicnble Inw, Lendcr shall ecmunt�o qarrower ��1y=;�_:,
<br /> .'�, Por�he execss Funds in nccordance with�he requircments af applicable law. If�6e nmaum of�he�unds held by Lender et nny K ---
<br /> ts;Pt,:!..5. <>. �.�;,r:::
<br /> ; . - T� Iime Is nol sufOclent lo pay dte Escro�v I�ems when due.Lender nuy so no�l(y Bovooror in ivriting,nnd,in such ca:e Ourrower �,; . -�
<br /> �'- , shall pay�o Lender�he emounl necessary In make up �he deflcle�rcy. Dartawer slmll make up�he deficicncy tn no moro�hen - ��•��s� _-
<br /> r .�j �wclve momhly paymems,e�Lendcr's solc dluretlon. � + �.�e -
<br /> ✓+ - • U n � ment in PoII of nll sums secured h ihis Secud� Inswmen6 Lender shall rom �I rcPond �o Dorroxer en � ` - ��- �
<br /> �Z �-> Po P Y Y Y P P Y Y ..
<br />--=.��:'�'�:�;:: �unds held by Lender. If,under par,igmph 21,Isnder shall acquirc or sell�he Propeny.Lendcr,prior ta ihe acquis0ion or wlo ".r-sso-��_.;�.
<br /> ��,: <.� �.e,,.d.,:�..�
<br /> e>ji.;:c -4,t. . of�he Ptopeny,shall apply nny Runds heid by Lender at�he�ime of nequisitlan or sale as a credi�egains�the sunu secured by
<br /> Ra�t4 thisSccudtylnsuumeN. `-'' � :-
<br /> S�'�r���`c�' 3.Applicatlon of Paymcnts.Unlc.ss nppticablc law providcs othcrwiu,nll paynxms rcccircd 6y Lender under pamgrephs i f}.:�"�� , �_-
<br /> Y�� '`t'� 1 and 2 shall be epplied: f rsL �o nny prtpaymrm charges due under tlu No�e;second, tn emoums pnynble under pamgmph 2; .,����.;S<k '
<br /> r - ry third.to Interat duc;fourth,m principal due:end las�,�o any la�c rhxrges duc urder�hc�ote. tr y' ;. n `
<br /> � T-y, 4.Cherges;Liens. Ekxro�rcr shnll pxy all�axes,acscumems, chnrges, fines a�d impo�i�ions nuribmable to�he Propeny �l�£���° x �'
<br /> - widch nuy auain prierity over this Savri�y lnawment, and leaschold paymrnts or gmund rcms, i!any. 6orrower shell pay ,__•�_�=-=1- `
<br />:°:t`,''����:' �hese o6liga�ions in thc manncr provided in paragraph 2,or i(no�paid in tha�manncr. Onrrowcr shall pay thcm on�ime diratly '- :.'�''�i!��;;;';
<br /> �_v;_�..ri-: !.::.,;?:�°.,�„r:-
<br /> to the person o�ecd paymem. 6nrro�ccr shall promptly fumish�o Lcndcr all no�ices of amounts m bc paid under this pamgmph. ..�,,y.w,>J¢:,�•
<br /> <`- � If 13orro�rer makes�he..e payments direcily.Borrmver shall promplly furnish m I.ender reccipls eridencing the p+yments. �°4"' �
<br /> _ .= � l���C PL.
<br /> '-'.'. Bonower shall prompUy diuharge any lien�ehich has priority over Ihi�Securi�y Instrunum un!ess f3otroaer.(a)agrees in c- '.�_���'v ��
<br /> .t! . wri�ing to die payment of�he ubligation ucurcA by�he lien in a nnnner amep�able ta Lender. �h)rnntrns in good fai�h ihe lien �/'�th��_,Y;..`�
<br /> by, or defends againsi enforcement of�he lien in. Icgal pnxeeJings which in the LenJer'. opimon opemte to prevent the _�'� A,��
<br />� -��l'..-"� enformment a(�he lien:or(c)saurc�Gmn�hc holder n(ihe licn an agrtemem.ali}!ac(aq�In I.end.r wb�rJina�ing�he licn to i ,y,-
<br /> = E.'..t�.:: this Securiiy Insuumem If I.ender Jclermine.Ihat :my pan nf IF.e Prn�n)� i�whjrcl (o a licn��hi:h may allain prioril)�ortr .:<�it%'��;� � �-.
<br /> IhiS Securil Instrmnent. I.cndcr ma� ire Ourrmrer a no�i�ti idcmifcin� 16e lirn.[3.�rruncr.I�all .au.k�he licn or lala onc ur '�t:'+�����._::
<br /> Y YF b Y ,7
<br /> _ �i� nwre of thc aclions set forth aborc x i�hin 10 J:n.�d�ha giving nf wu.e. ,�;��.���i7�'-_
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