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<br /> TOO�+'INE1R WITH�ll tho improvcmcnis now or heroai'ter ercctod on�he prapaty.�nd dl eacemente��ppurten�r�.
<br /> u�d fi�ctw+es now ar he�+ercaftor e p�rt of�he pro�erty. Al) replacemenu and addiUon��hdl also be coverod by thi�Sec�oity
<br /> In�trumen� All of the foropoing ie refcned co in�hi�Sacwiry I�ulrument a�he"Prap�arty." .
<br /> BORROVI►hR COVFNAN7'S Ih�t Bormwer ir lawfully sel�od ui the esuto hereby conveyod and hu tho d�ht to�nnt
<br /> u�d convoy�ha�arKt thot the Propertq ix uaencumberrd,eacep for encumbrancea of rocad. Barmwcr wart�nu�nd
<br /> ` will defend�onoral y the t�Ua W Ihe Property A�ainst all clalm�and demwnda.wbJect to any cncumbtince�of rocad.
<br /> THIS SECURITY INSTRUMEN7'combines uniform covenanla for n�tlona) uce and non-uniform covenuna wllh
<br /> •* IimUed vwriwinn�by Juris�/dictian w ccxuUtute a unifam securlty inatnuneN covc�ing twl pnoperty.
<br /> UNIFORM COVENAN7'S. Bo�mwor ond Lendcrcovenant and wgae as follows:
<br /> 1. PaymRat ot IMn�1pd�ad luten�ti Pe�ep�ya�ent u�d I.�te C6r�cs. 9amwor shall PromM�Y PaY when due the
<br /> princi of and intercst on the debt evidanced by�he Note and ony prepnyment and late chargea duQ under the Note.
<br /> � �Ftiods for'I�a�qd lawr�nca Subject to opplicable luw or to a wrltten waiver by I.andar.&xrower shall pay to
<br /> [ �v,3;�"'�,'r�,.� . ' Lender on the duy monthly poYmantn arc due w�der�he Nac.undl U�e Note is paid in full,a sum("Funds"1 fw:(a)Y��Y
<br /> uute�ond�ssessmcnu�wblab may Attuin priari�y over this Secwity Instrument as a lien on the Pmperty;(b)yeuly laasehold
<br /> .� p�►yments or ground rents on tho P�vpeny, i( uny; lc) ycurly hazard or praperty iasurance pr�emiuma: (d1 yearly 800d
<br /> insurrnco prcmiuma, if any; (e) yearly moAgoge insurance pnmlums. if any; wid (8 nny suma pnyeblo by Borrower to
<br /> Lendar,in accoidanca wilh tMs provisiona of paragraph 8.in lieu of thepaymenl of martgage insurance premiuma. These
<br /> itams sur callsd"Bscruw I�sma." I.endet may,at my lime,collect and hold f�nda in an amrwnt na1 to exceed the maximum
<br /> ••.•�� " ' ' �^`'�•r' amount a IendBr for u federally rieloted mcxtgage loan may r�equine for Baivwer`�escrow Account under Ihe fedaral Real
<br /> F � ���- �'';;.,y�,• ;;.�,���..i� Pslatc SettlBmenl Procedures Act of 1974 u.�omended from Ume to time.12 U.S.C.�26Q1 et seq.("RESPA").unlass anothcr
<br /> s �°''.;�•..'°'wt". law�hat applles to thc Wndx sets n leRSer amnunt. If w,Lender may,ut any�ime.collect and hald Funda in an amount not to
<br />� �� � ' excad ihe leaser omount. L.endar may e�dmutc thc amount of FLnds due on thc basis of cw�ent daW and rcasonable
<br /> : J` �` �. '�". estLnates of eapenditurea of futune Escrow itema or aherwise in accorJs�nce wiU�appllcabla luw.
<br /> ` � •• • � The Fund.g shall be hald in pn inraitu�ion whose deposit�ure insured by a federal ogency. inawmantulity,or endty
<br /> ' , (including I.ender,if Lcndar is Ruch an instiwuon)or in nny Fedeml Home Loan Bnnk. I.ender sh�ll apply Uw Funds to pay
<br /> :, , the Escmw Itama. Lendor muy not chnrge Bortower For holding and applying IhQ FLnd�, annuully anulyzing ihs escrow
<br /> � . � accaunt,or verifying tha Escrow ItemR, unlass I.ender pays 8orrawer intemst on the Fbnds nnd sippliceblo luw permiGg
<br /> • � �• � Lendar to make such a charge. However, Lendcr may rcquire Borrower to puy�ona-time chnrga for an independent rcal
<br /> r.,:. es1a�w�c�orting serviae ur,ed by L.ender in connection wi�h this luun, unlees upplicabl�I�w provides otherwire. Unless an
<br /> '��. � , agreement is made or appliuublq luw requircs intcrest to be puid,L.endar shall not bc required to pay Bomowar any intai+est or
<br /> � " � eumings on ihc FLnds. &MVwer nnd l.ender muy ugne in writing,haweve�.�hut imarest shull be pafd on�he Funde. Lender
<br /> • � • sl�all give to Borrower,wi0xwt churge.an annuol accounting of the FLndw.showing crcditx ond debi4g to the FurMs ond�he
<br /> ° purpose for which e�ch dabit to the Funds wns mude. 7'he Fund�are plcdged As uddiuonal secur�ty for all sum.4 secured by
<br /> •� this 5ecurity Instrumem.
<br /> �� � If the Funda held bv Lender excced ths umaunln permitted to be held by applicublu luw.L,ender yhall occount to
<br /> .. � � Bomower for thn excess�unds in accc►ndunce with�ha requinemeMa of applioabla law. If�he amount of Ihe FLnds held by
<br /> Lcader ot any timc ie not sutFxicn�to pay Iho E�crow lasms when duc.Lendar mhy so nntify Borrower in wriung,and,in .,
<br /> { such case Bomower shali pay to Lender tho sunuunt nareF�ry to muke up thu dafkiency. Burrower shali�mnke up Ihe �' �
<br /> deficicncy in no more ihnn twel�e monthly paymenta,ul I.sndor's sc►lu dir�c�tian.
<br /> . Upo�payment in full uf'a11 sums serur�¢d by thiF Sscurity Insuum�nt,I..endnr ShnIL prompdy refund to Borrower any
<br /> �'•;�r� � Funds hcld by l.endcr. If,under purrgcaph?1.Lcixier.hull acquint or kll ihn Propeny.I...�nder,prior to thc acquisition or
<br /> � ;":� � salc of the Property,shall apply any Fund�hcld by Lxndur vt Uw timc of aoquiF�ition o�wlo as u credi�again�t the suma
<br /> ��- secumd by this Security lnFwment. �
<br /> 3. Applicatton of Ppyments. Unles. applicabl� luw provides uiberwii.c, all�puyments received by lxnder under '�'
<br /> �'k paragraphs I and 2 shull be applicd:finst.ta Any�xiepuymem•rhargus due undcr th�Nulu:xecond,to amounts payable under
<br /> i� paragraph'_';third,to interes�due;fourth,tu principul duc;And loct,h�any IatQ rhurgas due undor thc Note.
<br /> 4. CYarges; Ltens. 8orrower shall puy all taxes,a.xe+>mcnlN,churgox, fin4r and impocidons attribulable to�he
<br /> ' . , propeny which mny uuain priority over Ihiti Security In�trumcm,und�lua.ehold paymentx or g�nund rents,if any. Borrower �;,.
<br /> � shall pay thcae obligati�mx in Ihe munncr pmvidcd in puragruph 2.or if mit p•rid in thut munner,BoROwer shall pay them on
<br /> � • •� lime dimctly t�the penon owed puymem. Burn�wer.hnll pn►mpUy Ibmi�h to L�nJer all noticeti of umountr to be paid under �
<br /> this paragraph. lf Burrower mukes these puymen�ti dircrtly,B�►rroa�er,hull pn�mptly furniah ta Lxnder receipts evidencing
<br /> the p�+ymen45.
<br /> Rarrower xha11 pmmpUy diuhurgc am�hen wh�rh h�.priurity u�cr th��5ccunty Imtrumcm unle.+Burtuwrr.(v)ug�ee.
<br /> '' . in writing to the paymrm�if the obligution�ccurcd by�hr licn in a munnrr•rrccptuble�o Lendcr;(b)con�exts in guuJ faith th� .
<br /> lien by,ar defends�gninst cnforccmrnt of the lirn in.Icgal pnxr�Yfing.which in�hr Lender:opinian oper.�te tu prevent ihe
<br /> ' • enforcement of thc lien;c�r Irl�crurc+1'rom thc holJ�r�►f the lien an ugrccmcnt .uti.factory to Lender sulwnliwtin��hc lien
<br /> to Ihis Sccuriry Instrumem. II'Lendcr Jcicrminca Ihut any part uf thc Pn�prny i..ubjcct�a a lien whKh may attuin pri�miy
<br /> over this Security Instrument.LenJcr may give Bnrruacr a nutirc idrMifyinK ihc licn. Borrower shall+utisfy the lien or wkr
<br /> � . one or more of thc uction��et fonh utx►��c within 10 duy+of ihr Ei�•ing af noticc. �•
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<br /> 5. Hward or Property Insurnncc. Bum�wrr+h.�ll kcrp�hc improvemrnts naw rzititing ar heRUfter crectcd on�hc .
<br /> Praperty inwrcd uguin.t lu�s hy firc,hacurdti includcd within thc lerm"rxtrnJrd coveragr"and nny��hrr huzard.,inrluJin�
<br /> � flaods or tla�ding, for which l.cndcr rcyuin�+ in+uranrc. Thi. in�urancc .hall br maintamcJ in �hc omoums and 1'or ihc
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