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<br /> 7�U[iETHFR WITH�11 tho improvemenw now or fur��ftCr erectcKl on tho propertY.w�d oll carcment+.rppunenpncar.
<br /> �nd 8xturea now or hercaftor a part of�hc pmperty. All ropiwccmente rnd�uWitian��hdl al�o be cuverod by�hlo S�curity
<br /> Inurument. All aP�he forcgoing is rcfemcd�o in thi�Sccudty Inslrument u the"Pruporly."
<br /> BORROW�R COVBNANT3 tiutt Borrower i�uwfully�cical af tha asl�te her�eby canvayed and It�the risht to�rant
<br /> and convcy the Property�nd�hat�he Property is unencumberod.axcept far oncumbru�ces oi rocord. Butrowcr w�rranw and
<br /> will dcfend generally tho Utlo to the P►apeAy aydn�t dl cl�im��nd dem�nds,cubJect ro any er�cumbrmcrr of record.
<br /> THIS SECURITY INSTRUMBNT combines uniiam coven�nu far naUon�l uce rnd nan-uaifam cova��nu with
<br /> limiled varia�ionc by ju�icdictiw�to conctiwte u unifortn security insdument coverinII real pro�rty.
<br /> UNIF�ORM COVENANTS. Borrower and Lendrr coven�nt uid agiee as followr:
<br /> 1. Payment ot Princlpnl and Interest;Preayment uid Late Cbu�a. Bamwer chull promptlY paY when due Ihe
<br /> principAI of end interest on iho dedt evidenced by�he Note and any prcpayment and I�te chwrges duo under�he Nao.
<br /> 2. �ads for 7Yzes�od In�u�nce. Subjxt to ApplicAble low dr to a written waiva�by l.cnder.Borrower ohall p�►Y to
<br /> Lender on the day monthly pwyments arc due under the Note,untf)the Nota ia pAid in full,a sum l"�'7 fdr.(a)yearly
<br /> twces and assessmenta which muy etlnin pdority aver thi�Security lnsuument as a Uen on ihe PropeAy;(b)yeuly leasehald
<br /> peYmeats vr gnwnd rents on the Propeny. if any: (c)Yeatly hazand ar Property insurance premiums; (d) Yearly flad
<br /> insurance pemiums, if nny; (e) yearly mortgage inaurnnce prcmiums,if any; and(� any sums pryAble by Bo�rawer to
<br /> � ,. l.ender,in accordua,�e with the provisions of paragmph B.in lieu of the payment of mongage insurance premiums. 7'hose
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<br /> �,.: Y .�, � „�y„ items ure called"6scrow Items." Lender may.at any timo.collcct and hold Funds in an amaunt nat to exceed the m�x mum
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<br /> �.:,•,:�. * .' � ��•�;:,.j simaunt a lendcr for a Pede�lly rclated mortgege Wan may rcquine for Borrower'a escrow account under the foderal Real
<br /> S{w�• Estate Senlement Procedures Act of 1974 ax amencled fram time to time,l2 U.S.C.4 2601 et seq.("�PA"),unless a�wther
<br /> ��?r:� • , law thet applies to the Funds sets a lesscr amount. If so.Lendcr may.at any time�collect and hoM FUnds in an amount not to
<br /> • �ti••�.0 exceed the lesser amount. 4enckr may eGimate �he amount of Punds duc on the basis of cument d�nnd reawn�bb
<br /> ' ������?^� estimates of expendimres of future Escmw Items or atherwise in acrnrdance w11h applicAble law.
<br /> �' ,,�,;`� . `�� The Punds shall be held in an lostitudan wl�ose deposits a�e insured by a federal agency� instrumentelity. or entity
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<br /> � (includin�Lender,if Lender is such an institutiona or in Any Federal Home Loan Bank. Lender shall apply the Wttds to p�y
<br /> ;...:•:..:..,;,;.::,._;_' the Escrow ltems. L.ender may not cherge Bonvwer i'or halding and applying the Funds,annually analyzing tha escrow
<br /> •"�'�� ''��'�?�r�-'�'•�`�: accoun�or verifyia�g the Escrow ltems, unless Lender pAys Borrower iMerest on the FLnds�nd applicable Iww po�mils
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<br /> ••+;,_,.� . , , I.ender m muhe such a churge. However,Lender may mquire eorrower to pay u one-time charge for an independent n�at
<br /> �; ^ }.bt�,�- �,�":-�., es�a�e tax reponing service used by l.ender in wnnection��•�th this loan,unless applicable law provides otherwise. Unless an
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<br /> . � ,�.,,. • agreement is made or opplicable law requires interest to be paid,Lender ssholl not be required to pay Borrower any intcrcst or
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<br /> . . eamings on the Funds. Borrowcr and l.ender may agree in wnting,however,that interest shall be paid on the P�nds. I.a�dar
<br /> , " � shall give to Borrower,without charge,an annual accounting of the Funds,showing credits and debita to the Phnds u�d the
<br /> „ � " , puipose for which each debit to the Funda was made. The F�nds are pkdged es additional securiry for all sums secwed by
<br /> : ' _ �.���`; '. this Securiry Instrument.
<br /> - If ti� Fu�ids i�1d by 1.er�der excced ihc amoursts permitted to !�e hcld by applicsble lew. L.en!k-� ahell aceount to
<br /> ' . ~ �' `'�,;'��� Bonower for the excess Funds in accardance with the requirements of applicuble law. If the amount of the Funds held by
<br /> , 'i;,.:.' � :• �Lender at any time is not sufficient to pay the Escrow Items when due,Lender may so notify Borrower in w�iQng,and.In
<br /> � • � . �� such case 8arrower shall pay to Lender the amount neressary to make up the deficfency. Borrower shell make up the
<br /> " r�` , �� ` deficiency M no mone then twelve munthly payments,at Lender's sole discretion.
<br /> ; n . Upon puyment in full of all sums secured by this Security Inswment,Lender shall prompNy refund to Borrower any
<br /> '.;�;?"`��.;•,',!.,;� Funds held by Lender. If,under parngrnph 21,Lender shAll acquire or sell the Property.I.ender, prior to the acqufskion or
<br /> � �� '�:;`����' • ss�le of the Propeny, shall apply uny Funds hcld by Lender at thc time of acquisition or sele as a credit again.4t the sums
<br /> �4�� ; . '�"' secured by this Security Instrument.
<br /> �. � • 3. Application ot Payments. Unles, upplicable 1aw provides otherwise, all puyments received by L.ender under
<br /> t paragmphs 1 and 2 shall be applied:first,to uny prcpnyment chorges due under the Note;second,to amounts payable under
<br /> �4 paragraph 2;third,to intercst due;fourth,to principal due;and last,to any la�e chcuges due under the Note.
<br /> � 4. Charges; Liens. Borrower shull pay all taxes, assessments, charges, fines und impositions attdbuWble to the
<br /> Property which muy utt�in priority over thic Security Instrument,amd leasehold pnyment�or ground rems,if uny. Borrower
<br /> i , �� . shall pay these obligntions in the msmncr provided in pATagraph 2,or if not ps+iJ in that manner,Borrower shall pay them on
<br /> � time directly to tflc person owed ps►yment. Borrower shull promptly fumish to Lcnder vll notices of amounts to be paid under
<br /> Ihis patagruph. tf Borrower mukes thesc paymcnts directly,Burrower shall promptly furnish to Lender receipts evidencing
<br /> the paymenis. �'�
<br /> � Horrower shall promptly discharge any lien whirh has priority over this Security Imtrument unless Borrower.(a)ugrees
<br /> ;; ; in writing to the payment of the obligation serurcd by thc lien in a manner ucreptahl�to Lender:lb)contests in good faith the '�
<br /> lien by,or defends a�gainsl enforcement of ihc lien in,IegaJ prorcedings which in ihe Lender's opinion aperAte to prevent the
<br /> • ' enforcement of the lien;or(c)secures from the holder of the lien an ngrecment.utitifactory to Lender sulwrdinaling the lien .��
<br /> ' to this Security Instrument. If Lender determincs thut uny part of the Pmpeny i�subject to a licn which may attuin priority
<br /> t�; � ;+ over this Securily Instrumenl.Lender muy give Bortowar�notice idenlifying the lien. Bonower sfiall salisfy the lien or take
<br /> n : S : one or more of the actions set fonh ubove within 10 days nf the giving of notice.
<br /> ':�• . . ' S. Hazwrd or Property Insurance. Borrower tihaJl kecp 1hc improvemenl,now•existing or hereafter erected on thc
<br /> Propeny insured aguinst loss by firc,huzurds included within�hr term"extendcd coverage"s�nd any ather hazards, including
<br /> f�': ' •; floods or flooding, for which Lender requires insurance. This insur:�ncc sh�ll !x: malrnained in the umounts and for the
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