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<br /> 'I�OQE'tHER VY[TH�It d�a impnovrt�nent�nQw�ar bere�lter erocted an,tita p�+operty.��u.
<br /> �nd tiaturcs aow ar b�r��rt�tba . All replacementa aad addlHau i6a11�Iso be covarod by��
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<br /> Iaetnw�G All of�ba farc�olpg ie refaned w in �Security YnAWment a the"Pmp�rtS'."
<br /> BORROWBR COVEIVANTB tt�at Bonower is 4�wfuUy�eleed of the eatat�hereby canveyed�ad hw the ri�ht to�nu4t
<br /> and canvay thepro�er�y and that iha Qioperty i$unencumbered,eacept for encumbiances of rocmd. Barmwcr wart�nq wd
<br /> wW defond�akr�lty tbe lida w dia PYOpettY��lne�r1t cWnn�nd ckmu�L�wbJxt to my encumbranoe�ot rocord.
<br /> THlS SECURITY INS'iRUMENT combinas unitam c�venanta for natloiwl use and nan-unifami coveiwqs with
<br /> Ii�Nted voriadons by jyrlqdiction to consdwt�a unlform eecurity inshvmcnt covcdn��al property.
<br /> �' UNIPOLtM COV�NAM'S. Borrower end Gender�covenant ead a�naa a.v faUowe:
<br /> 1. Poytrsnt at Ari�cJpd aod luterat4 Ptep�yarcnt And L�e QUuu�. Homower chall PromptlY paY when due the
<br /> princ�of anA iat�nast on tha dcbt evidenaed by 1bs Nat�and any pne�tyqtann aed luc charge9 due under the Note.
<br /> I�Md+1 tor.7k[e�wd Iawr�e. Subjqct ta epplicublc law or ta a w�Ttttan weiver by L,eudet,Borrower aha0 pay to
<br /> Lender oa tl�e duy monthlY t�uY�anta ore due uddar tba IYotQ..unriL tba Mqt�la paid in fuU.a sum("Funds")for:(a)yearly
<br /> ta�ces and easeeste�anra which muy att�a priaity over thla Sscw�y Insm�ment as a lien on the Property;(b)Y�ady leascFwld
<br /> payments or gnound�renra on.tius Flroper'�Y, if aeyc(�),Yee�Y.bazar+d.or propaty insurance premivans: (d) Yearly fload
<br /> jneurancc premluats..�anyt (e)Yeac'ly�xot�gagc uosw�nae pmmiums. if�ny; and(�any suau payabb by Borrnwer to
<br /> Lender,in accord�nse with tAe,p�visions c�f Raragraph 8,in lieu af the payment oF mortgage insura�ce premiums. 71KSo
<br /> items ane called"F.scm�w itams." L,eader numy,p�t aaX tiur+e.callect and bold PUnds In an amount not to exceed the maulmum
<br /> �. amqunt a lendor for a federally nelu6td al.aygaga loan may requi�e for•&xrower'a escrow s�count under the federal Real
<br /> �!r.., ,. �� �,. � � Fstat�Sealsment,Procedu�s Act oE t974 cis amended from wme to time.12 U.S.C.$2601 er seq.("RESPA").ualess another
<br /> .��hr���•`�;'`� !aw Wat beo to tbs�nda set�a lesser amount If sso,Lender ma ,at an dme,co)lect and hold F�uida in an amount not to
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<br /> - �`�`� -� Y'�"r�''���Y�ty exceed fie leaser amqunG I..endcr mey eslimeta Ihe amount of PUnds due on the basis af cuRent datA and neasonable
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<br /> 'F� �. � �.���� espmaoea of expendiW�4 of fuqu�e Escrow I�ems a dbarwise ia accordance with appllceble law.
<br /> �;' •:`�`ii • Tl�e Punde shall�ba hald in an iasdtu�on whose deposits are insured by a federal agency,inswmentality. or eadry
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<br /> ,•.,, ° ,;,:.,•;;;�a• ' (includin�LxndBr,if l..ender ie suah aa insdtution)or in any Federal Home Loan Bank. I.ender shall apply the Punds ta puy
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<br /> �' � ��:��nt'.ti j;,;st`�� r acco�or verifying ths�Escrow �m�gunla�neder pays'Bono er ipnPteres ne�nds d�app icanblegl wepermits
<br /> ' ��'�"""-�";°':. ; i.ender to mal�e suoh�a.chargB. Howcver. I.ende�mAy require 8orrower to pay a one-1�me charge for an independcnt�eal
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<br /> �:�; :�. , estate tax repor8ng sBrviae us�d by I.ender in connecdon with this losin,unless appliceblc law provldes othenvise. Unless an
<br /> ',�• `" � ; �;��' - agreement is mede or•applioabla!uw rcquires interest w 6e paid,I.ender shall not be rcquired to p�y Bomower any interost or
<br /> :�;.�;'::,, , � eamings on thc Funds. Bortower and f.ender may agcee in writing,however,�hat interest shnll be paid on the Funds. Lender
<br /> • n_ � -0,t shall give to Borrower.without churge,an annunl accoundng of the F1nds,showing cnedits and deblls to ihe Punds and the
<br /> �`.�°'�"�'' �" , purposc for which each debit to the Funds was mada. The Phnds are pledged as additional socudty for all sums secured by
<br /> '�,: .�:�...... this Security Insuvment:
<br /> � "•- • � If the Funds held by I.ender exceed �he umounts pertnined to be held by appticnble law, Lender shall account to
<br /> �. • ?�•"••� . .. , Borrower for the excess Funds in accordunce with the requirements of applicable law. IP the umount of the Funds held by
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<br /> •- �� Lender at any ume is nat sufticient to puy �he Escrow Items when due,L.ender may so notify Borrower in wriung.ond,in
<br /> �j , � such case Bortower shall pny to L.ender the wnount necessary to moke up the deficiency. Borrower shall make up �he
<br /> , ' ' ;' � deficiency in no mote than�welvc mon�hly puyments.nt L.ender's sole discredon.
<br /> �. � � • � � � Upon puyment in full of all sums secured by this Security Instrument.Lendcr shall prompdy refund to Borrower any
<br /> ' ., ' . Funds held by I.ender. If,under paragruph 21, I.endcr s hall acquirc or se l l t hc A roperty,Lendcr,prior to the ucquisitian or
<br /> "�.:,� , • • sale of�he PropeRy, shull npply uny Funds held by Lender at the time of ucqui4ition or sole na a credit against the awns
<br /> •r� � „ secured by this Security Inswment.
<br /> ,�i,.. . R 3. Applkk�tion ot H►yments. Unless npplicable IAw provide� otherwise, oll payments recelved by l.ender under '
<br /> t%� . � , . �, paragraphs 1 and 2 shall be applied:firsl,to uny prepayment charges due under the Note;second,lo tunounts payc�ble under
<br /> ' pangraph 2;third.to interest due;fourth,�o principal due;und lu�t,lo any late ch�rges due under the No1e.
<br /> ��i';• ` ` , • •� 4. Charges;Liens. Borrowcr�hnll pay ull �axcs, astiessmcnt�, rhurgex, finez und impositions anribu�able to �he
<br /> ? ' Property which mAy uttain priority over�hiti Security lntitrumem,and Iensehold payments or grcwnd rents,if uny. Borrower
<br /> ��� �� shull pny thesc obligation�in the manncr pravided in paragraph 2,or ii not p:�id in th•rt munner, &►rrower shall p�y them on
<br /> ',•:� "�' ��'�� time direcdy to the person owed paymcnt. Borrowcr shall pmmptly furnish to Lender all notice,of nmaunt�to be paid under
<br /> ,�' •�+��'`;�; . this parugmph. IP Borrower make�s these payments direcUy,Borrawer shull promptly t'umish a�Lender receipts evidencing
<br /> �."' :, � '`�'�''� the puyments.
<br /> •• �-;�'�•'•��;"'��°:�-y'� Borrower shs�ll promptly dischurge any lien which hu.priuriry over this Securiry In.rtn�ment unlesti Borrower:lAI ugrees
<br /> . r ,.y��;ct•,;,..��,!�'�'ti�. in uriting to the pnymenl of Ihe obligation xcurcd by lhe lien in m m�nner acceptnble to Lender,(bl conlests in�ood f�ith�he
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<br /> • , �.(;;��'�`�1�'":"�'��'�;!" lien by,or defcnds ag�inst enforcement of thc lien in.Icgal pr�x:cedingti which in tFx:Lender'x opiniun opemte to p�rvent�he
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<br /> ��'�.y�� � '+'"' ^�•�' , enforcement of the lien:or(cl serures from�hc holder of the lien an agreemem sati.furaxy to Lender subordinuting�he licn .
<br /> " ta this Security Inswment. It Lender dc�ermines thut uny pun of the 1'ropeny is yuhjec�tc�u licn whirh m�y au�in priority
<br /> X�" 'r ' over this Securiiy Inswmem,LenJcr may�ive 8orrawcr a notice identifyin�thr licn. Borrower xhall satisfy thc lien or wke
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<br /> �y ;� . onc or more of thc uctions set fonh�bave wiihin IU days of thc givin�of nolire.
<br /> � • 5. Hnxrrd or Property Insumnce. Bormwcr shull kcep the improvements M�w exi,ting or hrnaftcr emcted on the
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<br /> ���• � , Property insured againtit loss by firc,h:v.urcix includrd within the�enn"extrndrd ruvcragc"and�ny�ither haz�nis,including �
<br /> �" � ,�.•�; � floods or flooding,for which Lendcr requires imur;uice. 7'hi+ imur,►nre sh•rll t+c mainlained in the amuunts and for the
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