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<br /> 7�Of3ETHER WITH all the i�stp�ovemenls now on c�rcaf'ter erocted on tho peoperty,and all ec�cment�.appurte�wicd�
<br /> �nd Qatura now or hercafter v part of�he p�operty. All nplwcem�mtr and additlons chall also ba eovered by thi�3ecw�ity .
<br /> Inwumeo� Al!of the forc�oiaQ is refenrd to in thir Sccurity I�uwment ss the"Property."
<br /> :� 80R.ROH'E4!'Ql�ENANTS Ihnt Bormwer ie lAwfully eeiced of the estote hencby rnnveyod and h�tha right to�rant
<br /> And convey ihc Property ond th�t the Property ia unencumbered,except for encumbrances of rcco�d. Bamwcr w�rrann oad
<br /> ��,' � w111 dafend�ne�ally the dtb w the Property a�inu WI claims and demonda,subjxt to ony encumbnncer of c�ecord.
<br /> ` � 4''� TH1S S�CURITY INSTRUMEMf combines uniform covcnants for natlonal use and non•unifam coveuant�a►jth
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<br /> Nmi�od vru�iaduns by Judcdlction to wnsd�ute a uniform security in�trumem cove�ina renl property.
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<br /> ' ""`°"°'`�"" UNIFORM COVENANTS. Bo�rowcr and L.ender covenant and a as foliows:
<br /> •'�+q�t•:`i?ii�•�'J�-" � 1 � OIlA�O��Ik� Ylld�11�! $IL`E'
<br /> p, u�. • y�'�;:�,i.�1:�- � Y 1� �i Pre(wymeot and I.ak Cl�ea. Bortower shall P�'omPU9 PaY when due tho
<br /> ,_, . . , � princi�of and interest on the debt evidenccd by the Note nnd any prepayment and late chargea due under tho Note.
<br /> ; ",i,�;,,'� .�-:�� �nds�or 7tixe9 and Inwnux� Subject to applicable law or to e written waiver by L.ender.Bortower slwll p�y W
<br /> �,,k:��_,_.•,�a. I.ander on 1he day monlhly payments arc due under the Note.until the Note is paid in full,a sum("Punds")for:(a)yarly
<br /> .1�;;;,�„•r�;,. tuzes and uasensments which may attein prioriry over thls Securiry lnstrument as a lien on the PropMy;(b)Yearly(easehold
<br /> �-•�� ? paymen�s or ground rents on the Property. iP any: (c) Yearly haz.a�d or property insurance pr�emiwns: <d) Y�Y �
<br /> ' � . „ • Y. �nsumna prcmfuma. if any: (a) Yearly mortgage lnsurance premiums, if any: anci (� any sums payable by Barrower to
<br /> � y; � L=���.• .• • I.ender,in accotdance with the provisions of paragraph 8,in lieu of the peyment of mortgage insurance premiums. 71�eso
<br /> r •. items ore c�iled"Fscruw Items." L.ender may,at any time.collect and hold FUnds in an unwunt not to ezceed t6e mwclmum
<br /> "" . ,;:'•. ,�:. . r , tunaum a Iender for a federally related mortgage loa�may�quire for Bamwer's escrow account under the federal Real
<br />�x � ,,;�;�;.,•;: 't �.t . Estate Sclticment Pracedwies Act of 1974 as amendcd i'rom time to time. 12 U.S.C.$2601 et seq.("RFSPA").unless another
<br />_ ;...,,, •�• � - .. luw thw nppliea to the Fu�se�c a lesser amount. If so,Lender may,at any time,collect and hold i�nds in an amount not to
<br /> ''�� +• excecd�hc I�!tscr umaunl. Lendcr may estimate the amount of Funds duc on the basis of cument data and rwsotable •
<br /> estimates of eapenditures of future Fscrow Items nr otherwise in accordance with applicable law.
<br /> � The Funds shnll be held in an institution whose deposits ure insured by a federal agency, instrumentality,or entity �
<br /> ?� . (including l.ender,if Le�der is such an institution)or in any Federal Nome Loan Bank. l.ender shall epply the Ftinda to pay
<br /> • Ihe Escraw Ilcros. l.ender mey not charge Barrower for holding and applying the Funds.annually analyzing the esctow '
<br /> ` � accaum,ar verifying �he 6scrow Items,unless l.ender pays Borrower interest on the Funds and applicable law permit�
<br /> �� Lender lo mnke such a charge. However, Lender may require Borrower to pay u one-time charge for an independent rcal
<br /> eslc►Ie tux rcporting service used by Lender in connection wilh this loan,unless applicable luw provides othenvise. Unless an
<br /> � agrcemem is mude or opplicuble law requires ioterest to bc paid,Lendcr shall not be required to pay Borrower any interest or �
<br /> : eurnings on Ihc Funds. Borrower and L.ender may ugree in writing,however,that interest shall be pafd on the Funds. Lender
<br /> ;;_ ' ` tihall give ta Borrower,wi�hout churge,un unnuul uccounting of the FLnds,showing credf�.c end debits to the FLnds end the
<br /> . . . purpore for which euch debU lo the htinds wuc made. The�unds are pledged as eddidonal security for all sums secured by
<br /> n- -- . ihfS 3eCUtiiy fA;ii'iiRiCT►i.
<br /> '' If ihe Funds held by Lender exceed the amount� permitted to be held by applicable luw. l.ender shall account to
<br /> !�1 ,,:.��•... . Borrower fcx the eaces�Funds in Accordance with the requirements of applicnble law. If the amount of the Funds he�d by
<br /> ���;'• � . ,;;L':.. • I.cnder al any time is nat sufficient w pay the Escrow Items when due, [.ender mny so notify Borrower in writing, and, in
<br /> ��' , ; , .� �'�"•'���1; �uch cuse Borrowcr shnll a to Lendcr ihe umount necessn to makc u the deficienc . Bomowcr shall make u the
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<br /> � � � -�c•��:.,;�:;..,t• • , deficiency in no morc than twelve monthly puymen�.s,at Lender ti sole discretion.
<br /> '°'�' � �' ���� ,•:�:,�?+? Upon puyment in full of ull sumc secured by�his Security Inswmem,Lender shall promptly refund to Borrower any
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<br /> ��� ,:s•.,4;'. .� Fund�:held Ny Lender. If,under pamgmph 21,LenJer shall ucquire or sell the Prapeny,Lender,prior to the acquisition or
<br /> �';, • � , •. sale of�he I'roperly, shull npply uny Funds held by Lender at the time of ucquicition or sale s�x u credit Against the sums
<br /> � secuned by�his Securiry Inswment. ^ '
<br /> 3. Appllcadon ot Pwyments. Unless applicabk law providcs othcrwixc, ull paymentx receivcd by l.ender under
<br /> -� � �� pa�ug�aplir. I unJ 2,hull be upplied:fint,to smy prepuyment char�cti duc under the Note:second,to amcwms payuble under
<br /> r��'� ''� ' purngruph 2;third,to intcrest duc; fourtfi,to pnncipul due;und lust,to any I•rte charge�duc under the Note.
<br /> ,l';;,�`.. 4. Chqrges; Ltens. Borrowcr shall pny all �axc., assessment., rhargex, finrx und imposi�ions attributnblc to the ..,.
<br /> •,�;�;�� ' . Pmperty whKh muy 3�miin priarity over t�i�Security Imtrument,und leu.ehold payment.ar ground rents,if t►ny. Bonower
<br /> �4'�,�i ' , � � ' � xhall pay�h�e obligations in the manner provided in p:uugruph 2,or if not p•rid in thut munner,Borrawer shall pay them on
<br /> ('�:�°;.: ' � •: time direcUy�o the per�an owcd puyment. Bom�wer shall promptly fumi.h to L.nik:r all natice.��f amount�to be paid undcr
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<br /> thir.pzirugrnph. If Rorrower maketi�hese puyments direcdy.Born�wer�hall promptly i'urnish Io Lender receipts evidencing �
<br /> � �hc puymems. ''�'
<br /> � '��. F3nrmwer shull pmmplly di.chargc any licn which has prioriry iwcr this Scrurity In.trumrnt unless Borrower:In>ugrees .
<br /> �. in wriling to thc ppymcnt of�hc nhliguii��n.rcurcd by tlx licn in a mannrr arr�ptablc to Lcndrr;(bl contrxiti in gc�d f'aith the
<br /> ���'I s' " Ifen by,or defenJx uguinxt cnl'orcemrm i�f�hr lien in, Irgal pnxccding.which in ihc Lcndcr's opinian uperutc to prevent thc
<br /> '�"�' '''� ' `' cnforcement��f the licn:or Ir 1 securrs fn�ni thc holder of thc licn un ugrcenkm w�i�l'vrtory w Lcnder sulxxdinating the licn
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<br /> .�;•;�• �':� : • '• to thir.Securiry Inxtrument. If Lrnder detemiines that any pan of the Property i.,ubject lo u licn which muy atwin priuriry
<br /> t�;,• •, i..,.'��. . ovcr�his Security Inxlrumcnt.Lrnder may givc Burruwcr a noticc idemit'ying tlx licn. B�irrowcr�hull satisfy thc ficn or wke
<br /> �' % • � �'; . .ti:. onc or more of thc nrliom sct fixth»hc►vc within 10 Juy.of thc givin���f nutirr.
<br /> � " '' �• . �, S. Hazard or Property Insurnnce. Bnrrou�cr.hull kerp ihc impruvcmcmx now•exis�ing or hrreuflcr crcctcd on thc
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<br /> '�'��i;' �t!„ Pn►perty in.ured uguin.rt Inss by�re,hazurJs included wi�hin thr tcrni"cxtcndcJ ro�•rr��:c"and any uther hazardr,induding
<br /> '�� � � ''; �'�"'� Ooc�ds or tlooding,for which Lender rNyuires insurunce. Thix insurunce xhull he muintained in the nmount�und for the �.
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