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<br /> � 1'OGEfHER WITH�Il the i�uYtmrnts mw�_ot,hRr�tcl.coxted on the pccx+ett�►.and all easemen�s.apQurten�cH.'esi+ ,�
<br /> — • �fixturcs now or hec�eiRer a patt�pf.the p�apaty, All:ce�iac�n►entg and addidu�shatl also be cavaced Dy this S�urity
<br /> — t�utunent. Atl ot thc faregoiag�s re�rr�d to ia thi�Sccu�ic�;[ns,truument as the"Ptaperty"
<br /> ��` BORROWER CQVEN�NT�;t�,�,t Barrawet,is law�it�t�(se}sed af tite estate t�mby conveyed and has the dght to grant
<br /> � and caavey the E'toperty and that tl�;Propgtty is w��t�ed>eacept for cnwmbr�uices of e+ecord. Bom�wer w-srranas ar�d
<br /> will defertd generolty the 6t[e to q�a,�'tope�tY agatttr�ult 4W'�({�e.s and demuid�subja�ro any encumbranc�es oF reeord � _
<br /> TtUS SECURITY INS7RUIVI&N'E'combin�unifA�n covenants for natio�u�►t use and non-anifarm cuveaar�s with
<br /> — -- limited variations by jurisdic[ion w�onstitute a unifamt:r�srity iasaument coveriug m�at p�gerty. ` - • �.-- -_
<br /> -: . UNIFORM COVENANTS. Hmtower atM i.�advcfi'renant and agree�s foflows: � —
<br /> �_� � I. Paym�at ot Pri�cipd aq1t�I�>pa�eli!?'a�iiR asd l,ate C�at� Borrower shali promR�Y PaY when duc the �_-
<br />_— ptincipal of and intemst on�e del��videnced b7�the I�otet:and anY P�ePaYment and tate cltarges due under the Note. ___�
<br /> . Z. FiMls tar 1l�aces aed l�nlace. Sudject t�.�licable taw ar to a written+raiver by[.ender.�8onower st�t pay to �
<br /> 'y��-- l.end�er on�he d�y monthlY paym�ts are dut�rtdet sha"i=�ute.u�til the Note is paid in full.a sum(°Funds)foc fa)yeatiy —
<br />' < tues attd assessmenis wluch may;�tttin priarity uuGi Uti�Security[a.tiuumeat as a lien omthe Ptoperty:fb)YeariY leasehold -
<br /> . PaYmtots or 8cound t�eais at ih�,PruPertY• if.any�:,1��.Ye�tY h�zard or ProPertY insnrance F�emiums:(d)Year1Y fiood —
<br />- insuranct pnemiums.if any:fe>��reuri�mart�age:i�uf�e�remiums.if any.and(f�a�►Y sams payabte by Boimwer to = —
<br /> .- Lender,in aocordaace with the pi;avisivas of�p'�sa8!aP�?&in�eu of tAe paym.ent of inortgage insurance prem�ums. 'E'hese . --
<br /> � ' ite�as are calted"Escrow Items.".''l.ertder may.at anyr n:ae.rniteet 3nd hold Funds�in an amount na[to sxceed the maximum =--
<br /> - amutrnt a lertder for a federalty,,mlated mortgage.tcta�may require fo:Sormwers esaow accnunt under the federal [teal �:-�— ��
<br /> ' ` Ertate Settlement Procedutes Ac�of i974 as amended itom time to time.l2 U.S.C_Q 2601 et seq.("RESPA"l,unless another ��
<br /> tom
<br /> ��_',� Iaw that applies to the Funds s�ia tesset amaimt,�IF a0.L.ender may.aE any sime.co8ect and hold Funds in an amnunt not to �,�..r-
<br /> e x c e e d t h e l e s s e r a p w un� L e�t�1 e r ma Y��to���aunt of Funds due on the basis ot cum�t data and'reasonabt� . ��-
<br /> - estimates of expendimres of fut�Fsrmw Icems��.at(:erwise in accordance with applicable taa. '°:-=
<br /> ,� � •,; The Fimds shall be held iis,an ittstitotion wha�dePosits ace insvred by a fedecal agency.instrumentality.ar eatitY �•':'.�_�__�_-=�--
<br />:�t;"` •- "' < (incIadin�Lender.if Lender is�yuch an institutian�Qrin any Feaeral Home Loan Baak. Lender shall nppty the Funds to pay -'°
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<br /> . dL.Eu�.�Item�. L�tdtt ma�.nat eharge Barra�et for holding and appiying the FunGs.arutnally analy+zing the esctaw ..r:�,_��._:__�
<br /> � aaxiun��r veri!'yiag the Escr+pw Iteras.unless 1.�lder paYs Borrower inte�est on the Funds and applica6Ie !aw permits <.• .__
<br /> . '�` Lender to make suck a charge:. Hawever.Lend�r tEEay reg�ire Borrower to pay a one-time charge for an independent real ' . `;"�—
<br /> ma =--
<br />- , esta"te tax ceporting service use�by l.e�der in.catu�c�tion whh this toa».unless applicabte law provides othenvise. Unless aa �
<br /> ' � ` `' � agreemesrt is made or appitcabT�:law requires interCRt ro 6e paid,i.ender shall not be requued co pay Borrower any intecest or �
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<br /> � '- � J,:��. C�71AIgs QA tI1C FURdS. Horrower anQ Lendet maK�cee in writing.ho+xever,that interest shalI.be paid on the Funds. Lender ` ���
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<br /> �'� , shall ve to Borrower,without c e,an atu►aA1�ccouming of Itte Funds.showing eredits and deb�ts to the Fundc and the
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<br /> � :5 . ; puspose for which each debit�b th4 Funds wa�maa4tee. The Funds are piedged as additional security for all sums secured by ,., �-•:...�-
<br /> ihisSecuri Instrument .• �•• ';'''�-_
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<br /> ' y,�T 1..: i�the Funds held by Lt�tder exceed the arrinwlts pem�itted ta be held by applicable law. Lertder shall account to r , ',y��;�
<br /> � t<•,, Borrower for the excess FundR ir�acs�lanae witfF the uiremems of a licable law. [f rhe a�nount of the Funds held by � � �
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<br /> Lendet at any time is not suffiCieat[cs pay tha�.�sCrow Items w�due.Lender may so notify Borrower in writing,and.in �•
<br /> r �.�£ � � - ' . sach case$orrower shatl pag.ta Lender the arni�unt necessary to make up the deftriency, Borrower shall make�r the " �`���
<br /> ' ' �'���..�: �• . defcci in no mone than twelve monthiy p,�y�m�tsis�at L.ender's sote discretion. ���,. � �
<br /> ' ""q�'��"::` ' llp�on payment in fuil a€�Il sums secuted,i��r ttcis Security Insuumeht.Lar�der shall promptiy refund vu Borrower any = . •.._�=. "'�-
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<br /> �*� .>;•;;;ri��,•,�a;€; Funds held by l.ender. (f,urtdec paragtaph�t.�:��rder shal!acqaire or sell ihe Property.L.ender.prior to the xquisition or � . . ,�
<br /> • � �`�1 rf�i�� sale of the Properry,shall apply any Funds hetdl by Lender at cfte qme of acquisition or sate as a credit against the sums ��. , .
<br /> � �.c-�,-`',�'%E'', securedb thisSecuri Instntm�ent. � �
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<br /> • ' `� '' '�'� 3. Applieatiot�ot Payments. lJntess applicabte law pravides otherKise. all payme►�ts received by l.ender under �
<br /> �' : " `� ' � a ment char es due und�r�Note;second ta amounts payable under -
<br /> ' ;.-,:.;�__%:: . P�B�P�1 and 2..iia,t!be applied:�r,�t,ta an�b P�P Y g ._=-
<br /> paragiaph 2:third to interest dae:faurth,ta pdnRipal due:and las�,to any late chsrg�s due under the Note. •,�
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<br /> ' �''�`��ta� . 4 C6arges; Liens. Bprrower shall.p�k all taxes, assessmenu,charges. fines and impositions attributable to the ' �-;`___
<br /> . � ��,'�. P rageitg�+h ic h may a t t a in p r�ori ty oti•er t h i s S e�u r i t y I n s t r u m e R t,a n d t e a s e h o l d p a y m e nu ar g r o und Tents.if un y. Bo�raw•er , ' _
<br /> � +_.��' - ° shati�,���these obligations irr the rnanr�r p�avidad in paragap&�.ar if not paid in that manner.Sorrower shall pay them oa 'ti :�
<br />`�r � '`��"�• • • tima directly to the per�o�ov�ed�x���at• Barr'vwcr shsill promptty fumish to Lender all notices of amounu to be pa�d under ��:
<br /> • �� ���{_r . this paragrapb. lf Barsaacr.,�ke�Chrc:�e payrn�nts directly.Harrower shall promptiy fumish to Lendcr receipts evidencing :
<br /> . �. •�•�r-� .. • the payments. ' �::
<br /> • . f � �,,;:,. . Borrower shal!pr�omptSy�di�sts�;r�e�ny li�fit which has priariss over diiF�c.:uriry Instrument unless Borrower:(a)agrees ��, �..
<br /> *. f`._:.� in writing to the payment of t:�e ob)'sgc;ian secu'ted by thc lien m�rtc:stnrr::±�eptable to Lender.Ib)rontesu in good falth t�'?e
<br /> �`����•��;��'. lien b .or defends ainst ert!'arce�nent of tha�fien in,legal pmce�iings w;;ich in the l.ender's opiniorr operate to pred•ca;c che , .;_"N�{� ��
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<br /> , � : •;: _� . :,`;,.:� ' enforeement of the tierr:csr;c:�secwcs from�ih}:h��tder�f the lien an agrearer.�satisfactary ta Lender suberd"mat:n�+L•.e�ien k .
<br /> � - ,: ,•' . , to this Security Instrurn�u.��.�f Lender detemtines that any paA of the Pr�perty�s subject to a lien which rn:r.y anaia prioriry � � •
<br /> . ' r:,�t '.' _ over this Security Inssr�aent Ler•_d:�mAy giuc Borrower a notice identifyin,�tt?e'ien. Borrower shal!satisfy the lien ar take �
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<br />: - ;�;;.:�s, one or more of the actions sCt forth above within 10 days of the giving af notic:: f . .
<br /> . . S. H�ard o�Property tttsusanca Barrower shall kce�s ih��mprovements now existing or hereafter erected Qu.�i:e
<br /> • � Propetty insured against lo::s by fire.hvardc included within t{�::erm"extended coverage'and any other hazards.ir,stwl::�g �
<br /> � . ' flaods or flvoding, for which Lender rcquires insurance. This insurancc shall he maintained in the�nac.c_�u and far the �
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