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<br /> -I Tv4�wrrti au ilx impmvements now a�eerearter craaea«i tik p[opem•ana ali easements.aPPurten�ncas• `.
<br /> aad fi��norw or henafter a paR of tt�e poperty. AU aeplace�naits and additions sb�ll atso 6e cavercd by this Security
<br /> � Ittst�urt�ttx-1�t of etie foregoing is teferred to in this SecitritY insm�ment as the"Progerty." .
<br /> ;� gfJRROWEEt COVENAl�'['S that Botrowet is fawfuUy seised of the estate t�rgby oQnveyed and has the'right to guant
<br /> � attd eaeY�Y�Roperty and that the Property is unenca�mbcied.except for encum�rances of recaril. B�ruwer w-arxancs and .
<br /> — wili det'�radgenernliy the title to the P�openy against all claimti and demands.sublect to any encumbtantes of cecocd �
<br /> �� T�fl$.S�Ct1RITY IAiSTRU�T wmtr.aes�msform cavenaats far national use and;non-aniform covenants witb .. �-
<br /> s-- = Timited:vtffiatiaas by jurisdictioa to coostitute a uniform sec.�miry insutunent oavering rraf propeRy. . -- ---_ _
<br /> - tJI�tFORM CdVENA1�FS. Botrower and txnder rnvenant and agrce as foltows; ' . • _____
<br /> �: PYyn�t ot Prindp�l and intarest;Prep�ymeat avd Late Ch�rge� Borrower shatl pramPt►Y!my wh�due t�e � --
<br />- p�c i�a�a n d�p t e�a t t h e d e i x e v i d c n c e d b y t h e N o t e a n d a n y p r e p a y m ent aad tate cts a r ges due under the Nc+te. �AT'—�`
<br /> ' ;�, - �, �a�s tor'Iues aad Iawra�ca.Subject to applirable 1aw or to a wriuen waiver by Lender.Bonowershatl p.ry to �— --
<br /> . � Le�WeE an che day manthty paymea[s ace due undes the Note,unn7 th�Note is paid ia full.a sum("Funds'y for.(a)ycarty
<br /> �. .�" ta�es.att�assessments which may attain priority over this 5ecuriry Instrumeut as a lien on the Ptopeity:(b)Yearljr Ieasei�old � _
<br /> . . , �-�-
<br /> P�Y�R�•���rents on the Property. if.any. (c)year[y haz.ard or pmpeity iasurance premiums: (dy Yearty ft�od - -
<br /> � �� e insurance ums,if an . aad(�any sums payabte by Borcower tn •.-_
<br /> - -,�, - insu�ascc premiwns,if auy;{e)Y�Y��8 P�i Y' - -� - - ..-_
<br /> . Le�.i�aQCatd�with the pmvisions of paragraPh 8.in lieu of the paymeat of mortgage idsuFance premiums. 'i?�ese _ T'e�
<br /> +,`; �.. items at�called"Escrow items" Lender may,at any time.collect and hotd Fimds in an amoun�not ta�xceed the maximum �--�_.�_� -
<br /> �- amwuac a Tender far a fedesalIy �ctated arartgage toan may reqnire for Borrower's escrow accaunt uader the federal Real p,`F;,�,_��_� _
<br /> '�`�'' Ess�ate S�.�tlement Prucedures ASt of 1974 as amended fmm tirne to dme,12 US.C.�2601 et seq.("RESPA"),unless another ,x,,;—
<br /> �� � � J k:�- law�applies to the Funds sets a lesser anwunL If so,Lender may,at any time,collect arW hotd Fiuids in an amoupt not tv . . "F`��R
<br /> s, . ;��-.
<br /> ,,: ' excee�the Ie�ser amounG Lender may estimate the amount of Furtds due on the basis of aurent daza and reasonabte. . .._�;,y w. �
<br /> h: " estimates o€expertd"itures of fuiure�scmw Itetns ar othenvise in accnrdance with applicahle taw. - i �
<br /> �; 'F6e Fvncts.sbali be held.ia_en institution whase depasits are insumd by a federal ageacy.instrumer►iality.or entiry ��';�,~=�—
<br /> ::.._
<br /> (irtrltrd'atg Lender,if I.ender is,�udt an insdtufion)or in any Federat Home i.oan Ban1c. l.ender shalt appty the thesesc ow `�'
<br /> � - -- ths F.scmk Items.-Lender m�y�iiit charge Bormwer for holdiag and aPPjY�nS the Funds,annuaUy analyzing �..:'._,::�::::` ._ _
<br /> �`'-_ °, acCOt�at,or�erifyitrg tite E.�v=F�ems.�cnless Lendet pays Borrower interest on the Funds and applicabte.law pemuts _
<br /> L.ender to make such a chmtge'.I�;�+ever.Lender may require Borrower to pay a one-time charge for nu•independent real �a=
<br /> -, •" - .., estaL:ta�c nepartiag servic��h�y't.ender in eonnecEian with this Ioan,unless app.tieable[aw provides atfiemise. tJntess an . �_ ....Y. °_
<br />= �:: y . agreement is made or applic�iie i:iH requires inte�est to be paid:L.ender shall not 6e required to pay Borrower any in«cesi or
<br /> - "�' ea�nings oa thc Funds. Borrower and Lender may agree in wntmg,however,that inteiest s[iall be paid on the Funds� Lertder
<br /> .,f;-;::, _� :•
<br /> •�• . . shad�give ta Bmrctiwer,without charge,an annual accounqng of the Funds,showing credits and debits to the Funds aitd the ,. • �.:� �
<br /> mrc
<br /> �'` ' � ` purpose for whicfre�ach debit to the Funds was made. 'f'he Funds are pledg�d as additionai security for all sums secured by ��:�-=
<br /> � ���v.;,;, this Securiry instruit�x.'w _ � � , . .-�:?'��:,
<br /> �" �'`'"� . IF the Funds heid by�Cardi:�eaceed the amounts peemitted to be;krda by applicable law.Lender shall account to .
<br /> �. ........
<br /> = ,;�r� �
<br /> vr,; $csnuwer for tfle excess Fun�;:irf:;�:cordance with the requir�rrra�ts of qi�ii�Ie law. If the amount of the Funds hetd by , ���;
<br /> .•.��:=�s- Leii�at any time is rtae suftrrzi:re io pay the Fscrow[tems wf�en dae.Ec�c;�f�r rnay,,vr rotify Borrower in writing.attd in `,.:�r
<br /> -� •k'�r�� sueh ease Borrower shail paT Gs�,[xnder tite�a:zount necessary to make;lyrfh.�defccir�:ey. Borrower shall make up the "i_,,;�' ;�'�i'
<br /> e. '' ' ��f=
<br /> � � degcieney in na r.rrca than twelte:�onthly p�yn-�ts.at Lender's sole disecr�inn. �` �s
<br /> • `�• ,� ` iJpim payn�ct:fn fuU of a:t:sams secrrte�f ny this Security Instrumen't:.�.ender shall promptiy refund to Borrower any t` ���
<br /> m � �;c{�.
<br /> ' _ ;,_ , • £iind��eW by Lertder. 1f.un�er�_zragrupb 2L.lxnder shall acquire or setl�the Property.Lender,prior to the acquisition or • , ,.�,r�,
<br /> -• s�f�cE the Propert}+.shall apFiy�sy Funds held by Lender at thc time of acquisiuon or sale as a credit against the sums � _.;�:�,
<br /> '' �': • 'sepur.d by tbis Security Instrum.e�t. � , .:r�f
<br /> 3 A liqti0n of Pa ments. Un1�ss a licab2e law rovides otl�erwise,all en�s rereived b Lendcr under �lrl:r
<br /> �:_ PP Y PA P Pa3'm Y ' . ��_.
<br /> paragaptu 1 attd 1.•<f�i be apptied:first,to�r;°prepayment charges due under the Note;second,to amounts payable under j _
<br /> ' .��• ' r;.;�.-
<br /> � �_ paragraph 2;titir�.t�e�Jia'�C C::e;fourth,to�sircipal due;and las�to any tate charges due under the Note. � ;,.�
<br /> :� q� CI18rges;'�.s�,� f�:�wer shall pay.all taxes,assessmen�s. charges, fines and impositions ataibutable to the . :;_-
<br /> ' "'^� � [�toyerty whic8 may attaih�r�.ric�:cver this 5ecurity Instrumenti and leasehofd paymenu or�round rents.if any. Borrawer � :,'�i�
<br /> _ � shatt pay these obligatians in Qr�r:;;:.ner provided in paragaph 2,or if not paid in that manner.Borrower shall pay them on � , �'�6��°"
<br /> . tiane d"uectty to►ie Ferson owed�ay°*.ent. B��sis>-�er shall promptiy fumish ta Lender all notices of amounu to b�g�i��nder � '�;i�
<br /> , " ' ` tA�is para�raph. if Ii�•srower makes these paym�tts directly,Borrower shal! prompUy fumish to Lender r�:ei�-s er�a�ncing . . ;�• °�
<br /> r :
<br /> ;1;..;-::; ct�payments. � � .��, :. .. '`�`.
<br /> ' . � ::,:: !:��;
<br /> Borrower shall promptly discharge any lien which has Fr_ority over this Security Ins trume n t u n l e s s L o a o w e r.(a�ag re es
<br /> ia wtiting to the payment of the ai:ligation secured by the tifa�t�n a mAnner acceptable to i.ender.(b)contests ip goad faith the � �-�.',`'; � `' , �3��
<br /> s`� ' tien by,ov de fe n d s against e n foru�nent a f t he lien in,le a l ��-.e e di n s w h i ch in the L.ender's o inion n rate to revent the ' �' •��1��' �
<br /> S FT+- 8 P P e P I . .:'�,;;,�.;. . ,,
<br /> �= enforcement af ihe tien:ar(c>seceres from the holder of tt:e�L�a an a�reement satisfactory to L.ender subordinating the lien i •..,> ��, , -
<br /> t�a this 3ecurity lnstrument. It E.ender determines that any psui of the Properiy is subject to a lien which may ariain priority6 � � � ;�:`�
<br /> • �' _ ' oves this Security Instrumen�Ler,der may give Boaower a r,�.�:ce identifying ihe fien. Borrower shall satisfy the lien or take, ,��.; ,�. '.l
<br /> -�•'��;`�;: . �ar more of the actions set fort�f�ove within ib days of ihe�iving af notice. • �
<br /> �•'?'i��� $. Hazard o�Property rn�u.cance. Bosrowcr shail k��the improvements now existing or hereafter erected o�the f�
<br /> .s,, �
<br /> � Yroperty inswred against loss by iire.haTards irtctuded within ct�e tertn"eatended covera;e"and any other hazards,inclading ' I;
<br /> ftoods or ftaoding.for which l..ender requires insurance. TFtis ins�rsnce shall be maintained in the amounts and for the � �
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