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<br /> _ . 't�OGE7�IFR VY[1H ali the impcovemc�us�oti�a heieafter eresW3 ao the prcipe�tY•an�i a[I e�sementsR aRxt�ttt�tke�r... —
<br /> - aod fi�drres aaw or l�arat'ter a put of Ne pt�►. AEt replacnments and sdditi�ss shai�stisv be car•c.red�r,tlax�tG+seity,:
<br /> - . insuumeanL AU of the foregaing is aeferred to m ltus Security Insttuteient as tde"�•"
<br /> � BORR4WE[t COVEI�TAI�'S that Bortowrr is Iswfutiy seised uF the estatr hereby�bnvcyed and�s ti��figt�:io�+
<br /> Lr and coavey tAe P[opeity and ihat the Pmpe+�tY�S w�encura6�ted,easept tor encumb�es of recofd., Bo�wrt��►�a�g� !-
<br /> w�7T defend gtn�Uy the tiUe w the Pt+operty a�inst all claims and demandr.,suDjert ta anv encam►atar�ces atr�acasc�.
<br /> THIS S�CURITY INSTRIIMF,PS'I'cambints unifa�m wvcR:�nts for nationa! use and�na�t�wufform ca+raF�nrs v�i�,
<br /> ------ - Iimited va�iattons by juris�ctian eo canstitute a wuform szcariry instnrmeni croverirt$r�sl Pm�Se�tY�
<br /> '�� l2NffORM COVENAM'S. BQrtower nnd Lend�er coveit�tti and ascee as foQows: s�t�ra�we th
<br /> _-- l. Paymeat otPriaci�wl and Ietrrest:P�ePs]meat aad Iatr CAa�es. Bosrawer sR31!Qmmqty P3Y
<br />'_.= ' Principal of and iaaterest on the debt evidensed b�the Note and anY P�Y��and tate ctarges dae under thr S�iote. _.
<br /> Z. l�ll��ds fas'ii�ses aad Issuraoc+G St�6ieci to appiicable law or ta�wntten wai�e�by 1.eader Bot[ov►er shaU paY,ta.
<br /> =��: leader on tbe day rtwnthlY Payments are due undet the i�ote.unti!the i�ate is paid in Po11.a sum t°Funds"1 for.ta)yearl��
<br /> r� ..�' taxes an�ass���ts whl,cb�ar.att�irt Qriaity oves this Securiry lnstrumeat as a lien oa ttu PrapenY;tb)yearty 3easetrst�{;
<br /> -- PaY��s°r Smund �s[�,tte� ProP'ertY•if any, (c) YeariY ���P�Y�irtsurance prem9�ms:tdl Ye�1Y.Q� —
<br /> . insiu�nce Qremiwns. S any:te�,yeaziY mortgage insu�nce premiwtLS.if any:and t�any sums paYa6le t►Y 8crrmv►er tt�• �
<br /> ��' Lender.in aec�stance wids tt�e pravisions of paragraph S.in lieu of the payme�►t of awrt�ige insa�aace premiums. 'fiter,e
<br /> items are calf�d".P.scmw Itans" Lender may.at any ame.coUect and hotd Amds ia an amount not to eace�ed tUe maximum. _--
<br /> ` amoun!a tender�fus a federalZy related mottgage loan may reqaire fos Basrower's escrow acc�uni uader 11tc federat Rer�l�
<br />.�"!� �,; Estate SeNert�Pmcedutes Act ot 1974 as amended fram time to time.l2 U.S.0§2b�1 er seq.("�Pa").��s�� -__
<br /> • law that applies w the E'unQs sets a teicsrx aawunt If so.Lender may,at any time.caltect and hotd Funbti in an amoa�ni naE to� =
<br /> -.".�,; eaceed the tesser amou�t: l:ender may estimate the aawui►t Qf Ficnds due an the basis of curr�►t data and•reasas�able �'=-�
<br />. esumates of eapendi�ures ot futare Escmw{tems or athetwise in accorc{�nce wiW applicable law. �,:'------
<br /> ,�;"' �... 'R�e Funds sh311.be hetd ia an instiNrioae,whose deposits ac�insured fsy a feder�l agency. insuw�entaliry.or eni.it); �---
<br /> ..':;;:,�' I tIte Fundt[o�ay B=,_
<br /> >, ,Y,: ,._ linclading Lender.if l.ender is such an institasFQn)ar in any F+edera!flame Loan Baak. l.ender sha11 aPP Y ��,
<br /> 7:c.�?:�s. the E.scrow Items. l.ender-max•nc►t charge Bonower far hotding and appiying the Funds.annually amlyxing tt�e e.scruw �.�`�{�,.�,_=-
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<br /> ,•,-,. � aocount,or verifying the F.saow ltems.untess Lender Qsys Bamawer interest on the Funds and a pticable law. k� ;..—
<br />`��:�;;�!.� �.� :1 Lender to make sach a charg�:;Ei,awever.l.ender may requ�cr Barrower to pay a one-time chazge far an indep�cidait real, ,3r,✓,;��.,�j
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<br /> � �'.s,;i "..f� r .� , ' es�te ta�c repurt�ng semer�c,t tr�l.eRdrr in canneceion with th;s Ioan.unl�ess apptic�e!aw provides othemise. Unl�.ss an ,�;-- -
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<br /> _'`1.;7;s'i ` � ` agreemeni is madg•or•;ap�nlicaCte.law requires inierest to bc paid.Lender shal!not ix requitied to pay Borrower any interest as . .
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<br />".;:r zr:F:i> - 'f ,.: , eamings u�d��rd5.�Borroc;er and Lender may agiee in writing,hawever,that interest sha(t be paid on the Funds. Lender ..
<br /> . .,��.�,•.-.� ��`L�,� � shsl!give to BdmsV:et.ar�iriut:e�arge.an annual accounting o€the Funds.showing credits and debits to�he Fvnds and she : `� : �,;,�e�=?
<br /> � � l�=�='�`-�'�' '� pu�sose for whicli�.ch detrii:ta tf.e Funds was made. The Funds are pledged as additiona]securiry for al!sums secured by .:.�---.
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<br /> �'::., '��;; ��.. � tkis Securiry Iusuz�en� ' ' • _ —
<br /> ;:;•;;�'v '��� If Ehe Fe�ds 6el.d by t.ender excced the amounts petmitted ia be.held by appticable law. Lender shal{a�asurdt ta : - . . �----
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<br /> 5 t• . �� -� �. Bocrower far sfi:�.:�x�ess Funds in accordance with the requiremenu of a��i,cable law. If the amount:of the liwds hefd try�
<br /> 'j`•;;" �-��f`�_ ``i � � Lender at any't�is not su�cient to pay 1he Escrow[tems when du�L�cder may sa notify Bmxuwer in writing,aicd.in � I • ±�_..�'
<br /> ,r'tt ..cr,_1 � ' sach case Bomswcar shal!•Pay t+x Lender the amouni necessacy to maice•ap tfie d�ciency. Barcc�:er shall m�kr up the ; :'`� " '
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<br /> dEfis�ency in no more tliaa cs�ely�monthly payments,at L4nder's sole discretion. � '?':`.;r;-:� ,_3,;��
<br /> , �, ,�* ;�,t; Upon payment in fuil �s!aiE sums secared by this Security instrument,Lender stralt,pmmptly refund tn Baraowcr any
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<br /> * � � Funds held by L".e�dr� It':,�udr:�paragrapb 21•L.ender shail acquire or sell the Ptop:�.1-ender.prior to the acquisitian or =. �_
<br /> ' `.�.�;. ",.�:� � sale of the Pm�sy:shall apply any Funds held by Lender at the time of acquisitian or sate as a crcdit against the sums .
<br /> , � secured by this Securiry inswmen� � - � ��.�.
<br /> �'� 3. Appliption of Pati�.^.ents. Unless applicablc law provides otherwise.all payments received by Leridsr ar►dcr . ,
<br /> °,` ' " p:,r�phs 1 and 2 shall 6e applied:fir��to any prepayrru�tcharges due under it►e Note:se�bnd,to amaunts pa}�.ble under ;. _ . _
<br /> '� pyrsgraph 2:third,to interest due:fourth,to princ�pal du�and las�.to any late charges due under the Note. _
<br /> x; Liens. Borrawer shall pay all taxes.assessmcnis. ct�arges,fines and impositions att[ibutahte to tFs� �
<br /> • :-. 4. C6at� �
<br /> •° � t;"'' " praperty wh{cf�rt�sy attain priority over thi�SKCUrity(nstrament.and ie��ald payments or�raund rents,iF any. 8or�awer - _
<br />. "• .;� .' shall pay these qbtigations in the manner prr:�ided in paragraph 2.or if p�3t jsaid in that marmer.Beanz�er sha11 pay them on• ` . _
<br />� ;r� o the on ou�cd a ent. 8am�wer shall promptly fumi:gi.tu�:ender all notice�:of�sraun�s ta be paid urtder [. .. ,
<br /> =,.�• ,,: , time d�rectly t pers P Ym � ; .
<br /> � . ffis��aragraph. li Borrawer m;ikes these payments direclly.Barrower shatl promptty fumish to Lender receipts evidencir�g - . .
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<br /> ,;,:, �''`: tire}�ayments. .
<br /> �„i� Borrower shall promptly discharge any lien which has priority ov.�shis Security instrument untesv Bonower.�ti)agrees ` �.;>
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<br /> , �� in writing tn the payment of thc obligation sccured bry ihe lien in a cirnn:�*r,3creptable ta 1.cndcr.Ib►cnRt�zs ire good faith tt.0 � . _ .�.�;y;.-
<br /> , ,. , • lien by.or defends against enfarcement af the lien in.legat proceedin�s+�r hich in the Lenders opiniaa n�xate to prevent 1ltu � � .�' ` ��`�';.,
<br /> - "'' � enforeement of the lien;or(e)secures irvm the holder of zbe lien an�:Ln:ement satisfactory to l.ender sutsordinatiZg the li�t � :,,,.� ��� ���?�
<br /> - '.:�: , � � to Ihis Security insirumen� !f Lrnder determines ihat any p:�!oi the Propeny is cubjact to a lien whicb rttay aiiain prao�it�- I `�-'+; ••�. .'�,
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<br /> ..�_n .: over this Secutir,lnstrument.Lcnder may give Botrawer a�aatice ider.tifying the licn. Barrower shall satisfy tl��lian or take (
<br /> • .�•'':�° � . . one or more of tne actiotts cet farth abovc tivithin 10 dayy o;�ri�e givirtg nf notice. •� ' 4 ' � :,;:,
<br /> '"• �,�� :.�. 5. H�r��as Property ingurance. Borrower shall keep the imUrovements now exi.rtirtg or ttir,•mafier erected o:�thu � �:<
<br /> � .' ��,�.� Properly insured against loss by�re.hazards inciuded within the term"extended cove�age"and any oUi'er hazards.includcng � , , `:•i;�
<br /> • ' `��� : floods or flooding, for which ll�nder rryuirec insurance. This insurunce+hall he maintained in the amounts and Foe 4hn � •
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