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<br /> ' 7�OQETHSR WI'1'H dl the improvemena�w or l�eialter erocted on�he pmperty,usd dl euecnenU�.i�ppu���nd ' .
<br /> I flr[u�+a now or he�ter • p�ut of eho p�apeny. All �+ept�canent� md �dditio� �lu�ll d�o be oovared by..rbh Beweky
<br /> I ]pq�uma�t,AI!of the fo�oi�i�rofanad w in thb Securlry I�atnnnent iu tue•Prnpatty." .
<br /> i BORROWER COVLIVANTS th�t Bcxrower i�i�wfhlly�oi�ed of Ua aute heroby aonveyed tnd h�the dQfit w�rant wd
<br /> j oonvay the i�nnpaty uid ti�t Ihe Propaty i�unencumberod.oxaq far a�cumbrancer ot r+ea►rd. Horrower w�rrmt+aad will
<br /> ! ddeed�enerally thc tiQe to the P�npeny�ainu�ll claimr and denumda,wbJect to�y encurnbnu�a►of nocord.
<br /> THiS 3�CIJRITY INSTRUMBNT combina unlfam ooven�nt�for nwlonal u�e�nd z�on-wiifarm oovaww wl�h Wdbd �
<br /> verladons by judsdlcdan to coa:+titute a uniforra aecudty instrumrnt mvering n�l properry.
<br /> UNIFORM COVENAN7'S.BormwW And[.ender covearnt�nd a,�ree as followa:
<br /> '`' 1. P�yment ot IMucip�l ond Intaati �Y�� �ad Ute Chu�gea. 8omower �hall P�'�mM�Y PpY when duo the
<br /> - pdncipal of and intemst an the debt evldenoed by tho Nate and siry prepAyment wnd late du�r�a due under tho Note.
<br /> � 2.�nds tor Taxa9 and In�uranee. Subject ta applicAble taw or ta a written waiver by lxncier, Bornnwer�11 p�r W
<br /> � Lender on the day monthly payments are dua under the Nate,until Iho Note ir peid in full,a sum('Funde")far:(U yo�riy taa
<br /> end ucsessmenta which may attein prloriry over this Sxurity in�trumant as a Ilen on the Property;(b)yearly le�sehold pcqr�nente
<br /> ar ground rcnte an tho Property.if any;(e)Yaarly hazard or property insurpnce premiums;(d)Yearly ttood iasuran�e prntiums�
<br /> ii any;(e)yearly mongago incuraace pr�emiums, !f any;and(�anY sums pnyablo by Bam�wer to Lender.in aavNance wlth
<br /> tho provisians of peragrnph 8. in liou of the paymeat of mangege insurance premiums. 7hese ftems an called'Esc�aw Items.'
<br /> t:.:, I I.cndcr may. at any time, callect und hold Funds in an anwunt nat to exoeed the maalmum amount s lender for n fede�ally
<br /> ti�,': ' rplstod martgage loan may require for Borrower's escrow aecount under the federal Real Est�tc Setticment P�ocodwes Ad of
<br /> -�....`.� �Y`�,:•. 1974 as amendod fmm dme ro�imc. 12 U.S.C.Sertion 2601 u seq. ("RFSPA').U11IC1i3ir101I1Cf IYW(IIA[A�lI1CS[O WE FQIIfJf
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<br /> • "�•."�`.. i.ender ma at an time. wlloct wxl hold Funds i�un umourn no1 la exceed the le.sser�nxxa�.
<br /> . +.'�:;°�, .°. , sets a le�cser amaunt. IF�,
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<br /> � ti��. t,��;�,ti''���4 � i Lender may estimate the amaunt of Funds due on�he basis of current dau�and rcasonable euima�es of expendiwms of futura ,.,
<br /> ' �"t' �• � F s c r o w I t e m a o r o t h e r w i s e i n a c c o r d n r�c e w i t h l i c a b l e l a w. '
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<br /> �.,,:',.;�: ;-�� •.•.,;::.r•,M';•; I The Furds shell be held in un institution whose deposits rue insured by a federal ege�cy. inrtrumentality, or e�tUy
<br /> ' • .r�•, '���''� '`;'�'�+R�r::•'� (including Lender,if Lender is such an institudon)or in any Federel Homc Loan Bank. Lcnder shall apply thc Funds to pay th�
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<br /> � � � Escrow Items. L.ender may not churge Bo�rower for holding and applying the Funds, ennual ly analyxing the escrow account.or
<br /> �'�`��h�';�"�Y �' verffying the Escrow Items,unless Lender pays Borrower interest on the Funds and Applicable law permits Lencler to moke such
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<br /> �:'�-°`',:, +�r.�'�'t�' I a char e HoN•ever, Lender ma uire Barrower to a A one-time char e for an inde ndent real estete taz re
<br /> �� .. ;:_�••, � , , B � Y�1 P Y � P� P�ing servfce
<br /> �� ' ,,,��:;4.:,:;; � usod by Ixnde� io rnnnectian with this loan, unless appiicable law provides wherwise. Unless an agreement is made or
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<br /> �,._ ;�f;:,, �e:;._.•. :• ., • � applicable law reyuires interest to be paid.Lender shall not be required to pay Borrowermy interest or earnings on the f�unds.
<br /> ,� ^N::.;� , :; ��_...._. ��:.'w� Borrower ond Lender may aFrec in writing. however. that interest rhall be paid an the Funds, i.ender shull give to Borrower.
<br /> �''== ;, .., . . withaut charg�, Aii 6�liiiidi aC��Jliiilffl�8f ZIiB FUti(�5. showiag cre�its:u-�3�bi.s ta t� FutidF and itse purpose for whicb each
<br /> � ,, M debit to the Funds wue made. The Fundc are pledged as additional security for ell sum:secured by this Security Instniment.
<br /> • � IF the Funds held by l.ender exceed the amounts permiued to t�e held by applirubic:law.Lender shall ucrount to Borrower
<br /> n• ° �.'� for the excets Funds in arcordance with tiie requirements of upplicuble law. {f the amount of the Funds held by l.ender at eny
<br /> �'i;.::: '���i' , : >u�� time is not�ufficirnt to pay ihe Escrow Itea�:when due,l.cixier may s�o n<�tii��B�irrawer in writiag,and,in such case Bcrrrower
<br /> �'r;;;�, ���``.'^• . , • } +hull pny to l.cnder the amount neccss�ry to nwke up the deiiciency. Barrnwer shull make up the deticiency in no more then
<br /> .,..,�.. � . , tw•elva monihly payments,ut Lender's snle discretion. '��'•`.�
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<br /> Upon payment in full of ull sums �ecured by thi+ 5ecurity Ins�rumam, Lender shull promptly refund to Borrower nny
<br /> �''t�:::�, Fundti helJ b l.ender. If, under rrA ra h..I,Lender rhull uc uire o�se�l the Pro n .Lender, rx�r�o the ac uisition i�r sale
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<br /> 4�.., of�he pmpen�,sh�ll upply any Funds held by L.ender ul the time ol�quisi�ion or sule as a crodit ogeinst the sum�c sei,�ured by
<br /> � ;`.�.•� - �_ . ` =a , this Security Instrument.
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<br /> ��,r.+ 3.A liention oP Pa meMs. Unlexx u IicaMle law nwid�ti o�hrrwise,ull u men�s receivc�l b I.ender under aru rn hs '•,ttgr
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<br /> 1 and 2 shull be appliaf: first, to uny prepayment churgcs Juc undcr the N�ite; kconJ, ta arnuunts pay�lc undcr paragrnph 2;
<br /> .��•.'1„'' ..•„<_,; third,w intcrest Jue:fourth,to principal due;uixi lust,to any lutc chargcs Jue undcr thc Nnte. � ���
<br /> : ..'• • � � •' 4.Ctwrses; Liens. &�rrower shall pay all tuxcs,usscssnxnt�,churgcs, fincs and impc�siU��n.utlributablc t�i the Prop�:ny ,;a
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<br /> �,�;';:,' �;•�:,�;;:�' ` • ; ','•� '� whirh mu uttain riorit ovcr Ihi� S��:uri� instrument. unJ Ira�chnld �•nkm, ur roun�i rcnts. if un &mower shull
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<br /> � .�.• , . . . ttiesc�it►liga�ion.in tlk munner pr��vidal in purogruph 2.�►r if n�n puiJ in�ha�mannrr, Bomi�vcr.hull pay them on lime directly «:�.�
<br /> ``'sf�s+?•`�" to Ihc�xrron nwcd puyment, Harroa�cr�huU promptl�� fumish lu Lcndrr ull nnticc���f anx�unt.tu lx paid undcr�his par�grnph. {.:�';:;�
<br /> },�=,r� if Borrowcr mukes Ihe+c puymcnts Jirectly.Borro��•cr tihall promptly furni,h�o l.�:nJcr rccci�t�eviJenring the pu�•ments. �i"
<br /> •�:�'� •'� � ^ � &irrc►wcr shull rom d di,chur �an licn��•hirh hu. riarit ��vcr thi�5ecurit Imtmnxnt unlc�s&irrowcr: lal u n�ex in '`a:�''
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<br /> ',lt:,�� �: writing��i Ihc payment of thc i�ligali�m�ccurcJ by Ihr licn in u munncr accc�tahlc ta Lci�lcr:Ibl rontrM. in g�xxl fuith Ihc licn �ii` <
<br /> •,�'' y�•,Cyr hy, i►r Jel'endx uguiml rnti�rcrmcm ul' Ihe lien in. I�gul pnxr�Kfen}� ��hi:h in the Lrixk r'���pini�m��pera�e ai prevent the '`-
<br /> � •� ;,;:�-:'%"« ' enforcemcnt of thr licn: i►r Icl�ccurc.IYiim Ihc halJrr��f lhr lirn:ui ai�reemem.ati.f.irtun• to LrnJer wh��rJinuting the lien to ''. i
<br /> �� �• ' � thi.S�tiuri� In+Iromcnl. N'l.rnJcr dctrrminr,tha�am� ,�n�►f thc Fn, m i.,uh'���tu a 1 icu ��•hirh may attuin riori� �iver � a'.''
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<br /> '� :'iJ�' [his Scrurily Inslnmtent. Lrnd�r mu)•gi�•� Rurro��rr a n��tirc idrnlif��in�the lirn. Fi„rru��rr �hall �ali.t'��ll�r licn ur Wkc onc or
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<br /> , .. � �;.,;; more M'thc aclions Xt fonh uNovc within 10 days af thr Eiving��I n�nicc.
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