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<br /> TOOBTHRR WITH dl lbe impavrnka�aoW or hein�ftar erected on t!�prapmty.and all u� a ��
<br /> �em��
<br /> •nd Axwra now or bere�f�er A p�rt of the propaty. All replKxmena and additians�11 da be cova+ed y �Y
<br /> la�awnent. Ap of tbe ioro�dng I�refarod a ia�his Soaaity uuocun�ent u the•pro�y.«
<br /> BORROWPR COYENAM'8 th�t Bonowa is I�wfuliy�ci�od of Ilte eawe 6ereby convcyed�nd har Ihe d�ht W�rant
<br /> �nd aanvey tdap�ty�nd th�t the Properiy i�unarcumberod.eaoept for cocum6rances of recad. Bocmwer w�and
<br /> wW defrnd Retiarsliy tha dtb t4 tha Ptope�tY�dnst�Il claim�ond demmd�,subject�o pny encumbtwice:of n�cad.
<br /> � 11113 SECIJRITY UVSTRUMWT canbiaes uniform covenan�s far mtlanal uFO and non-uniPam coven�nt� with
<br /> Wpited varietion�by Juriedi�li�rn to con�Wuta a unifartn Aacutiry incwment covaing real pn�pmty
<br /> lpHpOitly COVENAN'1'S. Bwrowo�wid Lender coven�nt md�nee or follaws:
<br /> 1. Py�a�eal at i'rinclpW�od I�qreK;ikep�yment�ad I.�te Cb�r�et. Bor[owor sball pmmP�y P�Y when duo tbe
<br /> priacip�1 of snd intaeu on tha dabt avfdoncad by the Note and any pnepryment end lata ch�ugea dua under�he Note.
<br /> f, 1+Y�sde tor'NY�p aoil Iewrance. Subjac�aapplic�ble I�w or to w writtan wdvor by l.andar.Bmrowa shall Qay to
<br /> Londer on the day manlhly p�ymanid u�+c due under�hc Note.undl the Nwe is paid ia full,a sum("Flu�ds")tor.(a)yearly
<br /> ta�car�nd�csro�wnents wbiah mey otlain priority ovcr thia 5ecurity Inswmem us a lien on Ihe Propctty:(b)Yeu�y leasehald
<br /> paya�ema or grnuod �+enw on �ha Property, if ony:(c) Yesv1Y haaA►d ar propeny inpurnnca premiuma: (d)Yoarly flood
<br /> incur��ce promiumw. if rny; (e)Yeady �oge insunnee pnemiumo� iP any; and (�any sumA payable by Borrower to
<br /> I.cndar,i�AccoManae wi�h the provisione of pw�grapl�8, io lieu of Iha pAymant of maRgage inRUmnce premlums. These
<br /> itama ere ce11Bd"Fscrow Iwmp.` Lendar may.ot any time.collect and hald ELnda in an amaunt.nM,w azceed Iho moximum
<br /> ,�5 � amauM a lender for a faderrlly rolatad morlgege loan may raquiro for Boaowerk e�cmw account under tha fademl Real
<br /> Eatato SetUement Procx�dunas Act of 1974 pa wnended Prom time to Nma. 12 U.S.C.$ 26t3!et aeq.("RESPA").unlass anotl�cr
<br /> �'-q�� . • law thet epplies to tha Wmdw satx a(acsar omaun4 If so.Lender may.a�any tima.callaot qnd hold Funds in on�rnaunt not to
<br /> eacad 1he lesser wnouM. I.,ender mpy ectimaie tho �nou�t of F�nda due on tha basiA af cumant dam and nea�onabk
<br /> - �n�:::4:_�:.?��"��: esdrt�tes of eapenditutea of future Escrow IlamR or dhenvise in occorduoce wi�h applicuble low.
<br /> � �•��-:�• �� vt°f"� 7Ue Punda shall bo held in�an In�itudon whose depc�si[s aro incur�ad by a federal agonay, inswmentality.or endty
<br /> `� � ;�• . .� ��•� �,��� �� (including l.ender,if I..endar ia such en institut�on)ar in any Fedeml Homa Loan�BanN. Lendur shall opply tt�e Funds to pay
<br /> , .: � the Fscmw lurms. Lendar muy nW churge Bartower ior holding and applying 1hn Funds.Annunlly analyzing 1he escrow
<br /> _ .�,+�:`.``t accounh or varit�ing tha Escrow Items,unless L.en�ler pays Bortowar imarest•an,�ha Fund�end appliouble law permits
<br /> ' • �• L.ender ta.make such�a chp►ne. However,Lender may requirct &►rrnw�er tp pay a ooa•timo charge for an indapendent real
<br /> � �� :��•�� ' �•� estnte ia�c rapn�og service used by I.ender in connecdoa wi�h thie I��an,unlacs appIicable law provides otherwlse. Unless an
<br /> .`/_,,:.,: .• " .� �•- ag�+eemant is mada�x appliaabla lnw requires intcrest to be paid.l.endar Fhall�nat be�quir�ed to pay Bomawer any intercst or
<br /> � ' � ,Y eaminga on Uie FLnds. Bntrmvsr an d L.e n d er may agree in writing,howBVOr,thut intmatt shnll be p a id on�he Ebnds. l.ender
<br /> ; � ° �`'��' shali give to Bartnwer.withnut chnrge.an onnual s�ccoun�ing of the Funds,showing c�dits end debits to the Funds and the
<br /> �.��A ••• �..• . pumose for which each debit to�he FLnd�wus mside. 'llie Ru�dc are pledged us additional secudty for all sums secured by
<br /> • : . " � thia Secudry Inswment.
<br /> __ T• !f tl�t Rsnds !sels!by l.ender e!�secd the nm�wnc�permitted to be held by applicablo law, Lender shall account to
<br /> " � � , Borrnwer for the excess Funds in accordunce whh�hc rcquirementg of upplicubla law. If the amount of the FLnds held by
<br /> � L.ender at any ume is not xufticient to pny the 6ccrow Itoms when due,l.ender muy so notify Borrower in wridng,and,in
<br /> i. "'• . such case Borrower shull pay to I.ender the simount necessw�y iu make up tho deficiency. Borrower shall make up the
<br /> ��`.. de�ciency in no more thnn twelve rnonthly pnyment.r,ut l.ender��sale discretion.
<br /> '''>�' �° ' Upon payment in full of all sums securcd by �his Securiry Insuumenb Lender shall prompdy refund to Borrower any
<br /> �'••�''`• ` ' Fbnds held b��I.ender. If,under pnrrgruph 2 t,Lender shnll acquire or sell tha Property. Lendcr,prior to 1he ucquisition or
<br /> .,.y���•: ..
<br /> ���ii..� : ' sale of the Property,shall apply s�ny�unds held by Lender at the time of ucquisition or sele os a ctrdit uguinst the sums
<br /> � secured by this Security Instrument.
<br /> ` �. _ . ' � 3. Appllcatlon ot Hwyments� Unless upplicuble luw pnwidec utherwise,ull puyments rrceived by L.ender under
<br /> � • '• parugmphs 1 and 2 shall be npplied:6rs1,to uny pr+epuymenl churgeti due under the Nae; second,to umounts payubk under
<br /> � , �� � . p�B�Ph 2;third,to interest due;fbunh,to principnl duc;und lu��,to any lute chtuges due under the NotQ.
<br /> h ;, ;, " � 4. Charges; Liens. Bomawcr shull pay nll tuxes, u..ctisment�, chsuge::,fincs and impositions attributable to thc
<br /> ���•.� . , ' Prapeny which muy attain priority over�hir Securi�y Ins�rument.and leu�ehold p:�yments cx ground rents,if any. Borrowcr
<br /> �� „ M shall pny lhese obligutions in thc munner pruvided in puragraph 3,or if not pvid in thut munner,Borrower shnll pay lhem an
<br /> �:�• � time direc�ly to Ihe persnn owed puyment. Boirower xhull prompUy fumish to Lrndcr all notices of umoun�s to he paid under
<br /> �'� :•�.� + � � � thia parugmph. If&+rrower make.these puymentx dinecUy.Borrow�er xhall promptly fumish to Lender receipt,e���dencinR .
<br /> ���:If. . � the poyments. '�'
<br /> .. Borrower shail prumpUy di.xhwga:a�iy licn whi�h ha�priority rn�r thir,Scrurity Insesumrnt unless B��rrowe�:lu!agreex `
<br /> �.�,,, �. . � , in wriling�a thc paymcm of the ohligution�ccur.d by thc licn in a munner�cccptublc lo I.endcr,IN)conter,ts in good faith the �'�
<br /> ' , lien by,or dciend�aguinst rnfonemcm of thc licn in,Icgul pn►cceJin�!+whirh in ihc Lendcr:opinion operute to prcvent thc
<br /> . � in the licn �r
<br /> .. enfixcement of�he lien;or(c1 serurcs from thr holder uf thc licn un agreemen�.un.f•rctory to Lender sut+urdmul �
<br /> ' . to thls Securiry Inswment. !f Lender de�crmines thut ony part of thr Property i.+unject tu u licn which muy uuuin priority �
<br /> over�his Security Inswment,Lender muy givc Bcirmwcr u notirc idcmifying th�licn. B��m�a•er shull snti�fy 1he lien or tukc �
<br /> �� 4 ;. '' one or more of the actions set forth uixwe within 10 dayx of thc gi�•ing of notirr.
<br /> . �� . 5. Hsvard or Property Insurance. Burtow•er vhull kecp�hr imprnvements now exi.tinF or hercuf�cr enected on thc
<br /> Praperty insur�ed against loss by firc,hu�:inis includcd within ihr.�crrn"cxtcndcd covcr,��r"anJ uny othcr ha�ard�.includinE �
<br /> ��'; ' ; . floads or Oaoding, for which Lender r�yuircs insurunca This insurance xhpll hc muintuined in the •rmounts and for the ��. �•
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