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<br /> roa�!'H6R wITH�u u�e(mp�ovaneats row«hem.na aectea an the poop«ty.�na.0 ea�aneaa,�ppuetea�noer.
<br /> •pd 6awrai Ao�v ar hereaf tor a p�rt ot the propetty. Alt roplaoemeau�od�ddidooc�haU dso be oovaed by thi�S�rhy
<br /> inwuraent. Al)of tbe fare�oin�b refared w ia U�is 3oariity Imtrwaent a tbe"Propeny.«
<br /> BORROWER COVL�NAlV7'S Uw Bamwar i4lawfully rel�ed of the estwe ha�eby cmveyed aod hu tbe ri�bt w�aat
<br /> •nd caavay tboproperty�nd�ut the Pn�perty l�unencumbared.except far ancumb�nces of�+ecad Barmwer wvraats�ad
<br /> wHl defend ga�aal(y Ilie dtb W Ihe P�operty�aiiut�ll claian�snd deaw�dt.wbjact W�ny encumb�rwes ot rocad.
<br /> TH19 S�CURITX INSTRUMBM' combiaea �niform covenant� for nu1o�W use u�d non-uaifona ooveaanta wit6
<br /> WaJOed vuladua�by juri�dlcdon w con�tute a unifam aecurity L�stcument coverin�n�l property.
<br /> UNlE�URM COVBNAM'S. Bortower�nd Lenda coventutt end�oe as follows:
<br /> 1. P�ymeot at Pr(octpal rad latwwti�Pl�nt and Lafe C6ac�es. Bor[owcr ahall Pro�Y I�!'wl�duo tuo
<br /> princi of and interest oa the debt avidencad by the Note oad anY pre�wyrrcnt and ltte ch�rges duc uader tho Note.
<br /> �FLnd�far'hua�d lawr�noe. Subjxt to oppliceMo law a to A written wdver by I.ender.Barrower�iwll pay w
<br /> Lender on rho d�y montblY pcYmenta arc due wder the Naa.undl�ho Note Is poid ip fuU.a sum("fiu�da")for:(a)yearly
<br /> t�ucee m►d tsseswnentr which amy otU�in priority over�hls Security I�sttument as a lien on the Rupaty:(b)Year1Y lcasehold
<br /> paya�ents ar g�und ants an d�a Property� if wy: (cl Yeuly fw7ard or propecty insuruice premiums: (d) Yearly flood
<br /> iasurae�;e prrmiums. if auyt(�)Yearl mo�Igago msuranix prcmluras. if any: and (� aay swas p�yable by Bamwer w �
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<br /> Lender,in acconlance with the provis ons of parag�aph 8,in Geu of thepayment of mortgage iasurence premiwns. 7l�ese
<br /> �, items ane called"Escrow Items." l.ender mwy.at ony dme.coQect and hold FWnds ia an amount not w exc�eed tbe mAximum
<br /> emaunt a knder for a federally related mongage loan may iequire for Brnrower'�eacmw account under the feder�l R�eal
<br /> a` . .',. � Eataoe SetUement Procedw+ea Act of 1974 as wmeaded from dme to dme.12 U.S.C.$2601 ct scq.("itESPA").unless�
<br /> IAw Ihsd applies to the PUnds sets a lesser amount U so.L.ender may.at any Bme,collxt and fiold Rmds in an amout►t oot w
<br /> exceed thc lesser amount. I.ender may es�finete the amount of Funda due on the basi�of cwrent dwa nad neuaoable
<br /> �: .� ' ectimates of eapenditures of futuro Esemw 11ems or aherwise in acco�donce with applicable law.
<br /> �� " .#:-..� ` 7'he Punds shatl 6e held in an inatitudon whose deposits ure inswed by a foderul wgency. insaumentality.or eatity
<br /> � ,�%¢;;,. „ :�.,_• ,, (including L.ender,if i.ender is such an instirotionl or in any Federal Home Loan Benk. Lcnder shnll apply the Fwnds to paY
<br /> the Escrow Items. l.ender may not chiuge Bortower for halding and applying the Funds, annually analyzing the escrow
<br /> n� q����.:�%t�,,,� account, or verifying the Escrow Items. unless Lender peys Bomower interes�on the Wnds ond epplicuble law perno�ts
<br /> °, u.}�,�,�;��c;�.. Leudet to make such a chtuge. However.Le�der mayreq uit�e Borrower to pay a one-time charge for an independeM real
<br /> �•�,,°;..�,��i,�,; �• estate tax reporting service used by L.tnder in connecdon with this loan,unlessappdcable low piavides otherwise. Unlcss an
<br /> •"'-� ' ' `��•�°'°''�`' agreeroent is nwde or applicable law rcquines intenest to be paid,L.ender shall not be requircd W pay Borrower eny intercst or
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<br /> � . „r'b'� . ..:;�A, �,�. earniogs on the FLnds. Borrower and I,ender may agree in writing,however.lhat interest shall bc paid on the Pwnds. Lender
<br /> 1 ' shall give to Borrower.without charge,an unnuol uccoundng of the Funds.showing crcdils s+nd debils w the Funds aad the
<br /> � "''``�!;�',�::s`.;t•rr i.'' .' purpose for which each debit to Ihe Funds was mude. The Funds nre pledged as addidorwl securfty for all sums serut�d by
<br /> � this Sec�uity Instrument.
<br /> ;• � � If the Funds held by I.ender eaceed the nmounls permitted to be held by applicable luw, L.ender shall account to
<br /> h • ,' Borrower for Ihe excess Funds in uccordunce wilh ihe reyuiremen�of applicable law. If Ihe amount of the Funds held by
<br /> ; ,�• Lender a1 any time is not sufiicient to pay the Escrow Items when due,l.ender may so notjfy 8orrower in wridng,�nd,in
<br /> y: suc6 case Borrower shall pay to Lcnder the amount necessary to mnke up the deficiency. Bo�rower sh�ll m�lce up the
<br /> �. ' ' ' . . defuiency In no more than twelve monlhly payments.a L.ender's sola discrction.
<br /> '•� � �' , ., Upon puyment in full of all sums secw�ed by this Securiry Insuument.Lender shall promptly refund to Borrower any
<br /> ' �- ' • Funds held by Lender. If.under pArngmph 21,Lender shall acquire or sel!the Propeny.Lender.prior to the ucquisition or
<br /> , • sale of the Property, shall apply ony�unds held by Lender at the time af acquisidon or sale as a creAiit against tho sums
<br /> ��. secured by this Security Inswment.
<br /> ' � ' , 3. Applteadon ot Poymenta. Unless npplic�ble luw provides otherwise, afl paymenG� received by L.ender under
<br /> ' � pnrasrnphs 1 and 2 sh�ll be opplied:first,to any prepayment charges due under the Note;secand,ro amounts payable under
<br /> ,; ,p.' � • paragraph 2;third,to interest due;fourth,to principul duc;und lact,to uny late chorges due under the Note.
<br /> ' ' 4. Char�es; Ltens. Borrowcr shall pay ull tuxes, assessments,churges, fines nnd imposidons ettribut�ble to the
<br /> �...�, � y'�,.�.••,•,.,:.�' � Piruperty which muy utinin prioriry over this 5ecurity Instrument,nnd IensehoW payments or ground ren4s,if any. Borrower
<br /> �� +��'"�• �'���,-� - ' shall �hese abli ations in the munner rovided in a� m h 2,or if not aid in thsx manner,Borrower shall a them on
<br /> .:;:: •.; ,4 PaY � P P 8 P P' P Y
<br /> �, ��_ • ' _':::;r1:=....�,, , , ` time directly to the penon owed payment. Borrower shull pmmptly fumish to Lender all nolices of Amounts to be paid under
<br /> __'.,'F�_•:_._._ I this parAgraph. If Rorrower makes these puymems dimctly,Borrower shull promptly furnish tu Lender receipts evidencing
<br /> = . �._.�- _ .-.• � U�e payments.
<br /> Borrower shall promptly discharge any licn which has priority uver�his Security Instrument unless Borrower.(a)agrees
<br /> :� � "' I in writing to the payment of�he obligution urured by�he lien in a munner acceptoble to Lendrr,(b)cont�sts in good fuith�he
<br /> � _ , s � lien by,or defends against enfnrcement of the licn in,legul pmceedingv which in tlx L.ender's opinion oper�te to prevent 1he
<br /> � � enforcement of the lien;or(cl secures from U�e holder ut'the lien an agreement sutiyf•rctory to I.ender subordinating�he lien
<br /> ' ' ''�`'."', • i to this Security Inswment. If Lender determine�thut uny purt of the Property i.�ubject to u lien which mny utwin priority
<br /> . ;+�^��"`rf,ti���� . � over this Securit Inswment,Lender mu ivc Borrowcr u notirc identif in Ihe lien. Bormwer shall satisf U►e lien or take
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<br /> :! _ ,''" ' ' ane or more of the actions set fonh above within 10 duys of Ihe giving of notice.
<br /> ,�,. ° . °� S. He�rd or PropeKy Insurance. Borrower�hull keep the improvements now cxititing or hereafter erected on the
<br /> •;; r . `. ' Property insured against loss by fire,huxsvdc includcd within the tcrm"cxtended ravrruge"und uny ather hazards,including
<br /> �, "�',L�,�'� floads or flooding, for which Lender rcquires insurance. This insurnnce shull he rnaintotned in the amounts and for the
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<br /> �i� � FormJ028 91911 1/wR�=oJ6PaR�l
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