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<br /> TOOEf'HBR WiTH eQ�he impovemenu now or herc�fter erected on tho propeity.uid ea�ema�u���PPa�tcn�unoeo.
<br /> �nd ti�nua now a hereafter R part of the p�e+nparty. All repl�cemenu and addl►iau�hdl dw be covered by dd�SeautitY
<br /> In:ttumon� All of�he forc�oinQ is r�furad w in this 3ecurity Imwmmt u!he"Prupeity"
<br /> BORROWER COVENAN7'S thet Borrowcr i4 I�wfully�ei�od ot tho ertote hercby cunveyed and Iwr tho d(�ht to�nt
<br /> md ca►vey tueptoperty and that 1he Prope�ty ir une�xumbaod•except for encumbrances of rocord. Batower w�rratta aat
<br /> will defaid generaliy ttie dtk W the Property aQdnst dl claim�and donw�ds.RubJect to my encumbronce�of rocad.
<br /> 1'ti1S SECURI'I'Y 1NS7'[tUMENT combines unifnrm rnvenan�x for nationel ure and non•ueifwm covenanta wlth
<br /> Wnited v�ri�dons by judsdicdon w consdtute p unifonn cecurity inswm�nt coverinQ rc,�l prnperty.
<br /> "' UNIPORM COVENANTS. Borrower and I.ender covenwnt ond agm as iollowa:
<br /> ',t�t. 1. Pbymeat ot Prtncipd and lahrtsti�WY�M�nd I.A n C�men t n nd I�at�e char$es due�under ti�e Note. due�Mc
<br /> v b ihe Notc and B
<br /> princi of and intercst on the deM e idcnced y Y P PaY
<br /> ��nd�[or'iWteo�nd imur�nca Subject to applicwbie law or to n wdtten weiver by Lendcr.Borrower shali pay to
<br /> l.ender on the day monthly payments arc due under tl►a[vota,undl ihe Nate is paid in full,a sum("Funds")for.(a)yeorly
<br /> t�ces and assessment�whiah mey wtain pdarity over this Secw'ity Inswment as e lien on the Prope�ty:(b)Yeurly leasehold
<br /> payments or grouad cents on the Property. ff any: (c) yeuly hazard or praperty insurance premiums; (d) yearly flood
<br /> � iasurance pnmiwna. if any: (e) Yeuly mo�t�age iaswance premiums. if any:and (�any suma payable by Bamwer to
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<br /> Lender.in accwrdance with the provisions of paragroph 8.in lieu of�hepaymcnt of mortgage insurance prcmiums. These
<br /> �G::. items ane called"F.scrow Itema." I.ender may,at any time.collect and hold�nds in an amount not to eaceed ihe maximum
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<br /> amount a lender for a federnlly related moRgage loan may tequi�for Borrower's escmw account under tl�e fedaral Real
<br /> • `` , Estate Setllement Procedurea Act of 1974 es ame�ded from Bme to time. 12 U.S.C.�2b01 et seq.("RESPA"),unl8ss anothcr
<br /> "`''' ,,,,, ��" Isw that appliea to ihe FUndx r,eta a Icaser amount. If so,L.endcr mey.at any time,collect and hold Funds in an amount not to
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<br /> �ff' r:'�. . exceed the lesscr amount. I.ender may estimate the amount of Funds due on the basis oi cwrent data and reas�xiable
<br /> �a7 �' �+'"' '�;',� ,yr.
<br /> � � est�mates of expenditures of future Escrow Items or dherwise in eccord�nce wi�h applicable law.
<br /> "��;;°R� : 3�!n•3i�',,,:� 77u Fl�nds shal� be held in an inslitution whose deposits w�e insured by a fedetal agency. insqvmentelity.or endty
<br /> � �1,#�- ;,,}y�.;'#.� - (including Lender,if Lender is such an instituGon)or in any Federal Home Loan Bank. I.ender shall apply the Funds to pay
<br /> •m' `° �;u, ; '�^�'° ;•,,� � the Escrow ltems. I.ender may not charge Borrower for holding and applying the Funds, annually analyzing the escrow
<br /> ,},���,,,,.` , • ,.��.. •accoun�or vedfying the Escrow Items, unless L.ender payb Borrower interest on the �nds and applicable law pemti��
<br /> y,�, ��j M1G. . I.ender to make such a cherge. However.L,ender may require Borrower to pay a one-time charge for an independ6nt real
<br /> :S�Ii"' �* . estute tnz reportfng service used by Lendee in conne�:tion wi�h thia loun,unless applicable law provides othernfse. Unless an
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<br /> A,.;�.,,,,„,_ agreement is made or applicable law requircs interest to be paid,Lendor shall not bc required to pay Borrower any interest or
<br /> ��, ':,�;. :�'L°t • � ;:^ earnings on�he Funds. Borrower and L.ender may egree in writing,however.that interest shall bc peid on�he Funds. L.ender
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<br /> `"{°. „ ;���.�,�_.�� �� shall give to Borrower,without charge,an unnual accounting of the Funds,showing credils and debits to the Funds and the "-;-,-�
<br /> ���'%'?�� � i4<<,. ,;� purpose for which e,�►ch debit to the Flmds waa mada. ThQ hUnds are pledged as additionnl security for all sum�secured by
<br /> ,... �. 5,, ihi�5c�:utiiy Insirumeni. •
<br /> e'x.',;, �;°a':'' If the Funds held by Lender exceed the umounts pem�itted to be held by applicablc luw. Lender shell account to
<br /> .. •'4'.�+:�tji;,:,;..�'•�:�ii�+`•s'.
<br /> � � ,�-. � Borrower fvr the excess Funds in accordance wi�h the requirement�of applicable law. Ii 1he amount af the Funds held by
<br /> ,•� ''�'����' � . � �.;, ; L.ender at any time is not sufficient to pny the Escrow Items when due,l.ender may so notify Bortower in writing,und,in ' .�•
<br /> �_ ':�r' ':: � , such case Borrower shall pay to Lender the umounl necessary to malce up 1he deticiency. Borrower shull make up the
<br /> � �� � ��'.- defioiency in no more thnn twelve monthly puymentg,at Lender's s�le discrction.
<br /> , ;tif,..•� `�;,#�,:.�,;;�_'}�� Upan pnyment in full oi a!!sums secured by thi4 Securfty Inswment, Lendcr�hnll pramptly refund to Borrower uny
<br /> ,;;,,�,,.A . Fundc held by I.ender. !f,under ptu'agraph 21, Lender shull acquire or sell the Properly.Lender. prior to the ucquisition or
<br /> ::;�+�•�. ' sal�of 1ha Properiy, shall apply any Funds held by Lender nt Ihe lima of acquisition or sale us a cr+edit against the sum�
<br /> � � ���� � securod by this Security Inswment.
<br /> � �� � " 3.� ApplirAdon ot Payments. Unless npplicabk luw provideR othcrwise, all puymenta r+eceived by L.ender under
<br /> `� ' � . •. ��"'`' parn8mpht 1 and 2 shall be applied: first,to uny prepayment churges duc under the Note;secand,to amount�puy�ble under
<br /> ��, parugmph•2;t h ir d,to interest due;fou r l h,to princ ipu l duc;un d luti t,t o n n y l a te c h u r g c s d u e u n d e r t h e N o t e.
<br /> , • , „ �, 4. Charges; Liene. Borrower shall �1:1y AII IAXCti,ussexxments, churgas, fines and impositions uttributablc to�he ,�,
<br /> J � �• ' Ptoperty which may utudn priority over this Security lnstrument,und Ieasehold p�ymems or ground rents,if uny. Borrower S`�'�
<br /> l'_ ,• � �," y.. . . ,�.,, shall pay thesa obligations in the manncr pro�•idc����p.uug�uph 2,or u not puid in lhul munner,Borrower shull pay them on •
<br /> • tima ditocUy to the person owed payment. Barrower�hall pmmpQy fumish to Lrndtr all nolices of umounts ro be paid under ��.'
<br /> , � ,� ;;';;,,:, . this pam8ruph� If Burrower mukes thexe puyments dirccdy,Bormwer xhall prompUy fumisfi to Lcnder►eceipts evidencin�
<br /> . _�, .. :�.;�.:,�...= tho paymanlr.
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<br /> ; ,. �: ,, Bcxrowar shall prontptly diruhnrge uny lien which hati priority uvcr this Securily Instrument unlc+s Borrower:(a>ngrces
<br /> ,�, :.,�, _ , in wrlting to the peymem of Ihe obligution�ecumd by the lien in a munner ac�eptuble to Lender.(b)contesls in gaxi fuith 1he
<br /> ' ' "`'�"��' � " lion by,ar dofunda aguinst enfurcemem of the licn in.Icgul pnxcedings which in�he Lendcr'�opinion operate to prevcot the
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<br /> �7;,t_•-�� � enfurcement of tha liont or(c)r,�cures from thc holder ot'the lien un ugrcement s•rtisf,�ctory to l.ender subordinuting the lien �"."'
<br /> � �� ' _ to this Securi�y (nstrumcnl. If Lcnder drtermine�thut any pun of the Property i�auhject to a licn which muy ouain priority
<br /> ��� ' • over this Sccuri�y Instiumem,Lendcr mny give Borrowcr u notice idcntii'ying the lion. Burrower shull sa�ixfy the licn or�ake :�:
<br /> •- i'�� �� on�or moru af the uctions set forth atxrvc within 10 duys c�f the giving oP noti��e.
<br /> ���,. , . • S. H�r�rd or Property lnsurs►nce. Burrowcr shull kcep thc impnn•emeni�.no��•cxisting cx hrrcaftcr crrcted on thc •
<br /> ��� • Property Insun�d uguinst loss by fire.hazurds inrluded within the�erm"extended co��emge"and uny cnh�r haxarJs,ineludin�t
<br /> j-� f , ,:,.,�,,, fluods or flc�oding, for which lxnder requireti inwruncc. Thia insurunce .hull be rnaimuii�ud in �he umoums and for the
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