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<br /> 'r0087'H8R 1MITH�I the impcovGae�us now or haaRa erocted on 16e propaty.md tll a�u.��and
<br /> , Aztuna now or herattar a p�tt aP the pmperty. All �t�o�na�t� and �dditlons �Il da be oovaoad by W1+ �oudtbr.
<br /> Iptt�umeM,All af Uie far+e�oina i�tefert�ed to in�bi�Secutity Imtnuront a�the•P�+opaty."
<br /> �ORROWER COVBNANT9 th�t Borrowet ir btwfully sel�od o[the atate hareby caonvayed and h�the�i�ht to�rant�rtd
<br /> convey tha Pmperty and tiw the Propehy i� uaencumberod. oxcept for encumbra��ca of rovord. Bormwcr waRant�and wUl:
<br /> dePond�enemlly�ha ti�lo to the Property n��inat�II cldms md de�, subject w any encumbr�nccs of rocord.
<br /> THIS 3ECURITY INSI'RUMBNT oombina u�ifotm covernuua for iutiaW uce and�an•uniform,ouvwr�u wilh limitod;
<br /> vrriabns by ju�isdinion a oonstitute a uniform�ecudty iakniment covering ra)propeRy.
<br /> UNIFORM COVENANTS.Bortower and Lender coveiwnt and agreo ar follows:
<br /> l. P�yment ot Princtpd �d laterewi p+''�PoY� and I.ate Cb�rga. Horrowor shall P�'p�Y P�Y wtmn duo tbe
<br /> principal of and interat on the debt ovidc�rood by the Note and ar�y papxyment ond late char�es duc undar the Ndo.
<br /> 2. �tor Taxes�nd Incueance.Subjoct to Applicabie law or to a wdttan wniver by Lcnder, Borrower sludl pwy w�
<br /> Lender an thc day mo�hly paymenls are due under the Notc.until tho Nou is pAid in full.A aum("Furds") far: (a)yearly� . '
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<br /> �,� �II and assessment�which mey attain priorlty over�his Security Instrumem cts A lien on thc Properly; (b)ycarly Iwsehald pnymaMs
<br /> or grcwnd rcnts on the Praperty,if any:(c)yearly Iw�.and or propeRy insuranca premiuma;(d)yearly flood insurnnce p�+emium4,
<br /> if any; (e)yearly mo�gage insurance premiums.if any; and (� any sums payeble by Horrower to L�e�der. in ac��+dance with
<br /> the provisions of paregraph 8. in lieu of the payment of mortgage insurance premiuma.These itetns aro called"F.scrnw I[ema.'
<br /> Lender n�y. at any time,collect and hold Funds in an anwunt not to exceed tha maximum amount a Icnder for a frodarally
<br /> rclatod mortgage loan may require for Borrower's escrow account under t6e federa!Real Estate Setdcment Prnee�lures Act oE
<br /> "'r;z' �° 1974 as amended from time to time. 12 U.S.C.Section 2601 et seq.("RFSPA"1. unles.s anothe�law Unt ppplies to tha Funda
<br /> --' ,4,..- '. ;�,��,,���� sets a lesser amount. If so. Le�er may. at any time,caUect a� hold Funds in an amount nnt to exceed Ihe lesscr ameium.
<br /> '� Lender may estimate the artwunt of Funds due on the basis of curned daw and reasonable esllmatas of expendiror�w of futu�+a
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<br /> ,,;� ' '" Escrow Items or wl�erwise in Accanlairce wlth applicable law.
<br /> •.�. ��_ � �' � °� The Funds shall be held in an institution whose deposits are insured by a federal agency, insuument�lity, or entfly
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<br /> • �+i�.'���:�-�ti:, �c�'' (including L,ender, if Lender is such an institutian)or in any Federal Home Loan Bank. Lender shali�pply the Fundc to poy the
<br /> '�4 -�, ,N'���,:�. i Escrow Items. l.ender may not charge Aarrower for holding and applying the Funds,annuolly arwlyzing the escrow Aocouot.or
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<br /> , .,,� „, ., :c:�:.,. � verifying the Escrow ltems,unless l.ender pays Borrower intereat on�hc Funds and applicnble law permits Lender to make such
<br /> `'� � �����`����"�'' I a char e However, I.ender ma r uire Borrower ta a one-tima charge for an inde ndent reul esuue uu r rtin servtee
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<br /> ` � used by l.ender in connectlon with this laan, unless applicable luw provides othenvise. Unlass an agreement is mada or
<br /> {;, .. "• ~� ' � ' �. applicable law requires interest to be paid,l.ender sholl na be requircd to pay Borrower any int�rest or earnings on tho FundH.
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<br /> ;� � .��?�,;,�-r� . • ' 8orrower and I.ender may agree in writing. however,thnt interest shall be paid oo the Funds, l.�.nder slwll give to Bnrnower.
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<br /> ' 1wi _ without chsrgt, an ennua!accoimting�f thP F��nde, ch�wfn�credits end debi�s to the Funds and the purpose for whiah eaah
<br /> '�`•� "`;�" debit to the Funds was made.The Funds are pledged ae additional gecurity for all sums secured by this Security Instrument.
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<br /> ,;,,�„ ,:.�, y � ,t�`1�?• If the Funds held by Lender exceed the amounts permitted to be held by applicable law. l.:nder shall account to Born�wer
<br /> �,,":t'� �',.`.^ � for�he excess Funds in ucrnrdance with the requirements of applicable law. if ihe amount�f thr. Funds held by Lendar at any
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<br /> f •� '���;�i f' � time is not sufficient to pay the Ecerow Items when due, l.ender may so notify Borrower in wriung,and,in such cuse Bc�rrower
<br /> y;�i;. .� ;,; .;;1, „ shall pay to Lender the amount necessary to mnke up the deGciency.Borrawer shall muke up�the deficie�uy in no more than
<br /> �; , - '��r;`+�'�•� twelve monthly payments,at Lender's sale disrretion.
<br /> ''�,• " Upon payment in full of all sums secu�ed by thiti 5ecurity Inxtrument, Lender sh•rll pmmptly rcfurni to Borrower any
<br /> :� � ' � :�', Funds held by L.ender.lf,under purugruph 31, I.enJcr shull acquire or sell�he Property, l.cndar, prior to the ucyui+ition or sala �
<br /> of the Propeny. shull apply any Funds held by I.ender ut thc time of ucquihition or salc us u cn�Jit against the sums secured by �,'�_
<br /> this Securi�y Instrument. ���
<br /> t�� � 3. A BceNon af Po ments.Unle.�u licuble law mvidc�otherwitie,ull u ments reccivui b I.encler undrr a ra hF
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<br /> ;� ', I and 2 siwll bc applicJ: fint, to uny prepuymcnt churges dua under Ihe Nnte;second, ta umounts payable under par�gr,q�h�:
<br /> n . • third,tu imerest Jue:founh,to principul duc:und la�t,t��any lute chur�es due under�hc Notc, :;;
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<br /> ��,,' 4. Charges; I.iens.Borrowcr shall pay all IAxc..:�+cc+�mcnl., churges, fines:mJ impnsiti��n�uttributuble to the Pruprity �,:,�
<br /> . . • which may uttain prinrity uver thi� Securi�y Instrumcnt. und Iea,eh��Cl puyment. ��r Rraund rentr, if unv. &�rroN•er sfiall pWy �" '�S
<br /> �•��'�;"�r�: these�►bligations in the manner provided in paragruph 2, ��r it'nnt puiJ in�hat mm�ner. 8orrowcr shnll pay�hcm on timc din:cily '`:�
<br /> " '�` ' to the r+on owed r•mcm. Borrower tihall rum tl 1'��mish ta I.enJcr ull notire+ol'amounts u�M: aid u�xler thiti uru n� h. ''
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<br /> ���+� . � ° , • If Borrower m•rkc.thcsr paymem.Jir��d�•. B��rmwcr.hull prompUy 1'urnish t��I.cndcr rcrripts cviJ�nrinF the puymcn��. �'
<br /> �?�� , B�irrowcr�hull promptly di�churgc uny licn�vhirh ha+priori�y u�•cr�hi,Sccurity Im�rwncnt unlca,&�rrow•er. (a1 ugrcc�in ;!�i.
<br /> I^' ° �.�. writing to Ih�paynxm of�he ul+ligation,ecured by the 1 ien in u munner acceptuhlr tu Lendrr,ih�cunt�st.in gu�xl fi►i�h tl�c liun ��•.�.
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<br /> �: � . . :r�,, � by. or defenJ+ agaimt cnti�rrcment of tlk lirn in. I�gul prcxccding� which in thc Lcndc�'s upini�m u�xrutc t�� prcvcnt Ux � .
<br /> '•;�'.' enfimenxnt of thr licn: ur Ir l�ecure�frum Ihc hulJcr�if�hr lien:m agrcemcnt.ati.l:u am ta l.rnJcr.uh�,niinuting the lien�n �,':i�
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<br /> „h, this Security In�trument. If Lrnder detrrmineti tha� any pan ol'thc Propcny i..uhjert t�,a lieu ��hirh nwy altuin pri�iri�y uvcr '•;` '.
<br /> �p• � j this Security In.trument. lAnJrr may givr H„rro�vrr a nutir� iJrntil'yin� Ihc lien. H��rr„wer �h:d4 .au.t� �hr lirn�ir takr uue ur � '.�
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<br /> ,r ,�.�:`'Yi'. Form 3028 8180 �':: •.
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