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<br /> — � TOCi��iu thC�111�DYa1101fI3 004Y Or�1GfllRtr Et+OCtO�OQ tbC QSOQOf[�1.Nld!U C�S.�••
<br /> � iTld fllttlllCS nOMI t1��i�7Tt Of[bC piO�CtiY. �,1�i�l�fS 1i1�i�l[IddS 5j1i��3T50 Z1L'COY![td�1(t1LS,�.�CC1g1�'
<br /> ° and c�vey We Fkapaty sad that dx Property is uaencumbeced.eiccept fior encutttbrances
<br /> Of[CQQTd. BQ[1�VYCt 1s'p�tA1146
<br /> a�l defead geaetatiy tde 6tk to she Fropeity against all ctaims ancl demmds.subject to any eacumbrances of t�a�N�.
<br /> _ � 't`l�IIS SE�f3RlTY INSlRUN�U37' oombines noifa�cove�nts far natioa�l use and narunifoc�t�oo�ts.with --
<br /> ' limited varia�oas by j�uisdic�ion to oonstitute a unifotm socurity imuinnent caveming ceat pmpeRY•
<br /> . UN�d)RM�pVENpNTS, gasawxi and Lmd�covaunt�ad agre�as foUows: ��
<br /> 1. P�yaeat d Prbdpd�d I�teerst:PrePa7me�t a�d Iatt Ci�ar�es. Basower sh�U t�P�Y Pa}Y��dac tbe
<br /> pri�cipal of aad intarsE aa tbe debt evidencod BY the Note aod anY P�'ePaYmeot and late charges due uiWer tt���':.
<br /> = 2. �lnais for'hza aed Ias�rs�oe. Sntrject to applis�bte t�w or W a wntten waiver by t�der.Buira��ts:sl�s11 AaY�a
<br /> -= I.ender a►tht daY��9 PaY-�s are due under the Note.wm7 the Nott is paid it¢fiili.a sam(°Fvodq"�)fdr:{tt1 y�Y
<br /> �.� . taxes aad asses.�nts wl�ich may auain�aority over t6is Security insavnxnt as a liea on�he Ptoperty:lb))�'.nri�itauhNd
<br />'"`=� P�Y� � , �nsurmce pnemiams:.;tcn�Y�Y fioad -- —
<br /> or reau aa dx Ptope�ty. �f any;(c) Y�Y��P�P�Y .
<br /> ' ms�u�ace piemiuws,af aay:(e)Y�Y�8�insuraace premiums.if any: �nd(�uty sums paymkc•fiy,8w�'oKa-r ta
<br />== -° l.eada.in accadance with the pmvisiais af paragiaph 8.in lieu af the payment oF mo�tgage insaranoe�{ttmituns. 'R'KSe
<br /> `Y.r sia s
<br /> items aae�alled"Esctow items." Lender may,at any time.coltect and hotd fvnds�n an arnawt noE ta exa�ed'the�
<br /> amount a leader fa a fedeiai[y mlated mortgdge loan cuay c�luae for BormwePs esc�ovv account undda�d�fedezai Reai . .
<br /> � ' Est�te Setdeman Procedures Act of 1974 as a�d from 6me m time.!2 U.S.0�§2601 tt stq.("RESR4;ya untess anoiher
<br /> ; :��,
<br />-:�i S , iaw that applies to tIie Fvrjds sets a lesser amoune. If so.l.ender may,at aay tune.collect and hold�usdq;in an,aawuat not ta
<br />�:,t� exceed the lesser amaunG I.cader may esdmate the amamt of Funds due on the Ixuis o�curreat�cf�a�and'reasana6k
<br /> -_ �of tapendrtuces of fute�ze Escrow It�ems or otherwfsc a�acccudaace widi ugPlirabf�taw. � �
<br />-- !"� 'b�ie Ftu�ds shall be 6eld i��an iastitutian whose deposits are iawred by a federai agency.insUtoa7�lality.au emity _ —
<br /> =;;:�`�r. (i�g L�er,.if t:ender is such an�stitnticxi)ar in any Fedecal Home l.oan Bank_ l�ender shall a�npty,ttie Funds m pay
<br /> �<�i�^ the Eticiow Itea�. Lender may not char�e 8cranwer for holding and a�pkying the Fvmds.ae�3;v�i�ing tLe escrow
<br /> :`'�,4. ; aoco�t,or vedf�g the Escrow Items. �ixnder pays SaROwer inte�+est on the Fi�nds and apAlii�abI¢ law pem�its i--�-
<br /> •,.;.4�;,c, -, --
<br /> :;_,,rL ':. �,to make such a charge. HoweK�r.l.eaider may require Bartower co pay a one-time charge f6m�aw.independertt real �
<br /> .°�;'f-f,r =`'' � �#an npottinS service used by Leeder in corinectian with this toan.untess appticable taw pravidts�att�crwise l;niess an ,..'`'�`.
<br /> nec ��;�
<br /> • ,�y; ; ;�t is made or appticable law requires interest to 6e paid.i.ender shall not be cequired to pay 8br�awazr a�ia¢�st or _
<br /> ,.�'Ef�'tS` ��.
<br /> eamings�tbe Funds. Bon+nwer atxt l.ender euay agree�n wnnng,however.that iatec�st shal!be pas�Qn.the Fuads. L.ender �:`'�-
<br /> �,t��'f shall give to Borrower.without charge,an inmr:sl accounting of the Funds.showing creeits actd deb�ts ca the Punds and tt�e ��
<br /> , .�,:.
<br /> •�,�; - p�rrpose for which each debit m the Funds��s:u�ade. ihe Furtds are pledged as addiaonal secuiity�fas,all.sums secnred by �_.i�_-_�
<br /> � � ` ihi.�s,�curity Instrumen� �—�-- ._
<br /> � � , ��'; ��',�the Furtds hefd by Le��'r exeeed che•amonnts pemiitted ta 6e held by applirable IaR;,Ler+dEr,shall aaaimt m
<br />.:f<<:a3.;�� ;, . ��c:�aret for the excess Funds in accordancg;svith the requirements of applicable law. If the arNarsnt�of�the Fimds held 6y ,. �,��,
<br /> �: � -
<br /> <,�f� _ L.erlder at any d�r:+s not sufficient to pay di�;3"�erow Items when due.Lender may so notify Htmouer.itr.writinS.aad.in =
<br /> .� r'n t' • - :� � .�:', , , such case Ba�r+a:ui:r.shaII pay to I.ender ti�,;ttrn3unt necessary to maice up the deficieney. Htatm�shaU malce up the .� . : �__.-_
<br /> .:f�54:f.�y Y ,_.. .. � ..- ,�
<br /> r;�t Qeflcietrcy m n��s;t�:ihaa twelve monthly pa�.�nts.at Lender's sote disc�vn. f>. rs r�t �`
<br /> .:: � ---
<br /> " ' :,:� • � � . L•.'ppn paydieni in full of alI sums secured by this Security Tnsnumen�Lender shall prom�tl;•�r�uitd to 8am��es any � -'-=•�_
<br /> "�;�;: ,. ��:7eld by Lender.:if,und�s paragraph 21.Lender shall acquire or selt the Ptnperty.Lead:ri pljioQ�to tt�Zc�'u�itiun or
<br /> '``�- sale of the Property.shatl a�p1y any Funds held by Lender at the time of acquisidon or sate�ag a:credil'ao��'ai��sums __
<br /> secured by th9s Security instrument. �: -___
<br /> � '' � 3. Applieation of�'aymtnts. Unless applicable law provides athenvise.all paymen:i received by Lender under -
<br /> ��. paragraphs l and Z shall be applied:first,to any prepayment chazges due under the Note:secaa:�0:to amounts payable nnder �: . _
<br /> ', paragraph 2;third.to interest due:founh,to princ�pal due:and last.to any late charges dm:un�E3r�tha Note. •
<br /> .#: 4. Cl�rges;i.ieas. Borcower shaU pay all taxes.assessmentc, charges,fine�znd�irap.o.giticros attribulable to the __-
<br /> Ptopeny which mx.y,attain prioriry over this Security lnstnimenb and teasehold�a}rl:c•:>vr•��mmd'rents.ii'any. Barrawer �� �_
<br /> ��`. `�� shaU pay these n�tig.:tians in the manner provided in paragaph Z.or if mu.'gazd in rh��marmir,.Horrower shall pay them on � �°�?��
<br /> ' �� �° time dimctly ta±i��erson ow e d paymen� Borrower s h a l!promp t ly fum::�C�.�A L e n d e r a U n a t 3 c e s a f a;�o�n ts to be paid under . :'
<br /> , . ,* , . .
<br /> .���'�% this paragrapti. ifBarrowet makes these payments directly.Banower s�.aiLS prompdy fum��N to Le:���receipts evidencing "'-='
<br /> , ,. �p; , ; ;-_
<br /> the r�.�ments. �'' _
<br /> . /, -• .�;�i,�_.
<br /> 13vtrower shall prompQy discharge any lien which ha�,�r��aty over ihis Security In9ttt�rn:nt untess Hosrower:la1 a�rees ' •;�if::�;,';:;•__`�-
<br /> �y ��, ' ' -
<br /> � {;��±^;ing to the payment ot the obligation sccured by ti�e icc�*,::i a manner acceptabte to Letidcn!b)coritests in goa�:f�iit�the `�;;+,i;:;:, �
<br /> ' ' ' lien by,or defends against enforcement of Et��e l:i,�i�,te�i proceedings which in the l.en�#�b apinion operate to ptevent the � ,�;.��{.�: ,_
<br /> i. �� �� �. er�farcement of the llen:or(c)secures frdm�n�)4�idet of the lien an agreement satisfactoy.to l:endet sobardinadng tha Nen • _-_
<br /> �;°. _�� � t�this Seeurity InstrumenG If Lender determines that any part of the P1'operty is sublect�to a lien which may attain priority ,; t';, �, ' .��•_,-
<br /> � ��` ace�this Security Insm�ment.Len.�2er may give Barrower a rntice identifying the lien. HbrraK�:e shall satisfy the lien or take E�.1 , s�;t,,,;:• •,.•;:;r�:
<br /> , ,...:;titl;,`_, .�. ;..��
<br /> -;; �,�or more of the actions set Cc�r.rni�above withln 10 days o.f+.'.�giving of noiice. !' •-:?�c`���'Y-t: '��
<br /> ', ,..� ,:._ r� 5. Hatard or Prayerty�.Isurartce. Borrower stra'.?'heep the improvements nov�.rnisting oe h.reafter erected on the '��-rs;:°,�': ;.,;; '
<br /> :z;:i;. '' f�"'_.�`._:'" •' � Prope�ty insured a�;ainst toss by fire,hnzards w:,�,',uded�vithin the term"extended covera�•":u►d'any other hazArds.including ` � ,;;{t;.,,
<br /> !�'�� �'��' floads or f�oodirr�.. � h .
<br /> 'ii��,; •� � T:e�s which Lender re uir�� �t:surance. This insurar.ce sh�l1 be matr,tained'in the amounts And far the
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