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<br /> TOGE�ER�11fTiN ali�ht,impcovements now of he�eaftR e�coed on the p�y.anc1.all���±+�•+ts.apRutut�ores:
<br /> -- and fixtures auw ar�eF a Q�t of the p�ope�ty. All replac�ments and acMitiaa�,�ha�'atso be cavered 6y this Secuc'sty
<br /> — lnsin�ent All of the foregoing is refemd to in this Security l�n.�lsumeat as thc"Pn�Y» .
<br /> — BORROtii/ER C4VENANTS that Boirowu is TawfulIy sei&et!of the estata h�t3�y cunveyed and Aas ttfe riitht to grant
<br /> • ' and convty die P[aperty and tbat Ne t�rope�ty is wnenc�uabe�ed«4'�P�for�nc�mdr�i+�of r+ecaM. 8asower warrants ond .
<br /> w�t defend generally the 6tte to the FmpeEty�gainst ail ctaims and demands.sQbja�to any eacumMa�s of cpcord. '
<br /> � Tl�1S SECt1RITY INSTRUMENT cambines uniform cov�us fat.a�tiara�use and nare-unito�n eov�n�nc�with . .
<br /> timited v�riatians by jurisdiction to ccx�stitute a unifam security.�sirumetu co+�criA{#,'?�at pmpetty. •
<br /> - � UNIFURM�OVENAM'S. 8orrower and Lender covenant�And ag�ee as fallu++�a: '
<br /> l. P�y�t a�Pri�ct�l ab tate�esi:QrePi►Ymeat aod Late C�.��rrower sfiali Prompdy PaY whrn dae the
<br /> — �rittcipat of and intetcst on the deht evidenax!by the Notc and�I!ty prep.'►Ym�t�nd.t�te chatge's due under the Nate.
<br /> -"�� � E. F�ads for"i�xes aod IssYranca Subject to applicabt�law or to a�,���eiver by 1.enAer.Bneower s6�11 WY co
<br /> � t,ender on the day nnonEhty Paymenu ar�e due under the Note.until ihe l�fote is p�Td in fult.a sum t"Funds')fnr:(a)YcutY
<br /> _ taxes andassesmxnts which may attaiit priority overthis Secvtity 3nsuumeuE asa,�en on the Roperty:lb)yeatty teasehold
<br /> . ' paycneets or ground rents on the Pcoperty. ii anY;(c) yeariy,�or� ►nxur.�e ar�n�:ta�y� aooa
<br /> ' insarance pceuziums.if any: (e)Y�Y �nSaBe insurance premi�if any;atM(�a�1Y sums payabte by Barawa ta
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<br /> '<` L e n d e r;i n a c c o r d a n c e w i t h t h e p ro v i s i o a s o f p a r a g r a P h 8.i n l z G t of the p�y m�nt��f moK g u g�ihsurdnee premiums. These �
<br /> � irems are called"Esc�ow items." [.end��r may.at any umc.w�ect aad 1mld Cwtdfi?in aa amoant nat to exceed the maximum� .
<br /> . '� �,° amouat a lendes for a federally related rtrortgage loan may taqnite far&str+aw�tir's esrrow account undet.the federal Real
<br /> Estate Setttement Praceduces Act of 1974 as a�nded from ts�to time.i2(�S.t;:§2601 et seq.("RESPA").untess another
<br /> � !aw[bat applies to the Fuadc sets a tesser Amouru. If so.Len�et may.ai anyr tim�coilect and hotd Funds in an amount not to
<br /> eaceM t�e tesser amount. Lendec may estimate the amounc af Funds:du�.a�t the basis of current data.and reasonable
<br /> ,:,- � estimues af�apendittues of futune Escrow Items or otherwise:iu ac+eordarice witl�,pPPticable taw.
<br /> ' � 'i'be Funds s6all be held in aa institation whose deposit�are inswedbuia fede[al agency,inswmentality.or ertaty
<br /> (mctud'utg I.ender,if Lender is such sm instiwtion?�in any:&d�ra1 Hrnnc Loatt Bank. 1�eader shaii apply the FuMs ta pay .
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<br /> � tt�e Hsc�uw Items. 4ender may ccot charge Borrower for hptd'mg and applyi�,ffg the Fi�rtds.annuallY analYzinS the esaoo"
<br /> accowu,or verifyiag the Escrow iiems,unless Lender pa�ts Barrower inte[eat on the Funds and applicable iaw,pem►its �
<br /> .._ �,, � . Lender to maYe's�a charge. However.Lender may re,qujie Brnmcv�r:otpiiy a one�time charge far an independent reat� '�r�.
<br /> • -,, ., estate ta�ceporting service used by[.ender in cortnection witFi this toan.wil��applicabie law provides othecwise. Unless an� . �y,
<br /> . � �": a�t is rnadc or applicable law requims interest to 6e paid.i.ender sli�{f�tTot be requim.�f to pay Borrower any inter�+aT, �'• ____
<br /> .`-;t,:';`�_. • ea�;�r�i�the Funds. Borrower and t.ender may agree ifl a-ncEng.howe�er;�hat interest shall be paid on the Fands. �.'�.�. `
<br /> -. � �' shalI�i��to Homower,without charge,sm annual asaaur,t�p of the Funds,�s�nwing creclits and debits to the Ft�ads ac,�t� �_. _ _
<br /> , "�` • purpose for.which each debii to the Funds was��- �e.�unds are p1e3�gat:as additional security for aIl sums secur!���� • --�
<br /> this Security lnstrumen� •f ` �� 1{�le law,l.ender shall accoant r� '. �
<br /> I€the Funds held bg l.ender exceed the aJ�,.�..�pzrmitted to bo��1d by�pp � . - - —
<br /> Bormv�er for the excess Funds in accordance wiUt the reqr�re^ients of•�ppticable law. �r�e amount of the Funds tfeG�'•y �-
<br /> - :`• Lender�at any time is not suffirie��pay the Escrow Itetsz5 v:fxr�duv.L�ider may s.a nc,�fy Boaower in wridng.�.,�
<br /> . � . such case Bomower shall Qay to l.endet the amount ne�.�sa..Qu w makc up.the de�.c;err.q. Borrower shafl make up� � , ` •�;•,
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<br /> �' � ;� �_ .• . deficiency in no more than twelve monthly payments.at l.ende�:s scla dif+cieif�sit. • -'�
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<br />,:, ; x�,s:-;,�>� lTpon paymeni in full of all sums secured by this Security[nsrzum�ni��•er.�er�:'promptly refuad to Borrower�v` ;. ",�,�;.._���
<br /> } '`• • ���� Funds held by Lender. If.under paragraph 21.Lender shall zcc,iire or sell:dze Frcpa�g�.i:ender,prior to the acyuisiur.�c,s �� = „�, _=-
<br /> ' '" ,,, 3 sale c€ahe Properry.shall apply any Funds held by Lestder at tCie time af acquisitian.Qf sale as a credit against the�.. . =� `� � �g,
<br /> . . . `-�rfJ�. secat�by this Security Inswment. � . �
<br /> ' F1K�" . r.�. a.
<br /> , 3. Appliqtion of Payments. Unless applicaWc ta+u �rovide.s ot6erwise.all paymenu rcceived by Lendec ur�� . �.�'�`
<br /> �;x.a•:_`, �g�phs I and 2 shaQ be applicd:fint.to any Fre�ay'mene cf�ar�es du�,e=:der the Note;secand.to amounts payable u:der _
<br /> r�'�"� t'`� �n.�taph 2;third,to interest due:faurih.to princ��dc�r;artst last,ta an�t l.a:e:harges due under the Note. •� • _
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<br /> `� �` � �. _ Charges; Liens. Borrower shall pay a�'�faxes. asy:ss:ne�uu.'�aes. �nes and impositions attributabte to!he - �. � �`�
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<br /> -•°,�1�.�.��_ ttc�eity which may apain priority over this Securiry;nsirumer,3,and IeAset�old pa}-acmrs or ground ren�s,if any. Burm.Jer � �,,; _'��-
<br /> • F' �• ;'�i4 ' stt�1L ta..ry these obligations in the manner provided in para�pfi�or if`i�ot paid in t;i.zt.rcanner.Burrower shall pay dr.�a.�3n ..,.,1"�; `�`'`:-
<br /> . ' '-�,-�,`,'�.�;_ ; ' time asrectly to thc person owcd paymcnt. Boqower ghall pru,u�ntS;�fumis�ta Ler.der aI�noticcs of amounts to be paid u��er '. '�':�' �
<br /> . ,. �n,<� ,i ,. this paragraph. lf Borrower makes these paymcnts directly.B�zrmw�..�r:,hall.prcr,:�:i[.�fumisb to l,ender receip�s evidencing . ,-�:�'Y�;
<br /> �` . .l the payments. ' .•G -
<br /> .. '�i��'. 8o�rawer sfi�ll promptly discharge any lien wh�ch has prifsrit�r o<<•Y7L'�5�er::y,tnstrument unless Borrower.(a)agrees . ` ,, �s
<br /> ;:�`i*'':�' . • in writsfg to the payment of the obligation sccurcd by the lien in z:ct��.3�cr arceptable to Lcnder.(by contests in good fa;h ihe ��`
<br /> _ -���T``' tiaz E-�,or defends against enforcement of the llen tn;legal pm:.�in�which in the Lender's opinion opemte to pre4�c the •� ,r . �� '��
<br /> ��.�•-���;{ f ecC:�zcement af the lien:or(c)secures from the hotder af t►tc[i�:���n ugreement satisfactary to Lender subordinating�:ti_sl . :`-s.'�""_y.,",�';.
<br /> �-�i�'� � � t0 efus Securiry Instrumen� If l.endcr detertnines lh�t any p�.ct�f thQ�Praptrty is subject ta a licn whicb may attain�rr.c:ty • •-•
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<br /> . ' , ' • `�"'� c+��er this Security Instrument,Lender may give�ctr�„'cr a rrire identifyin�thc licn. Borrowar sha11 satisfy the tien ort:lce ' .
<br /> � ' ''':�� � . . e�c ar more of the actions set fonh abave within IC�iiays ct�tiv�ivin�uf noticc. ,
<br /> ' S HazarA or Propeety insurance. Borrawer sh�i!l:c::�.tha��mprovem�nts now exi�ting or hereafter erectcd on the •
<br /> � � • �� `��". . • ' . Em.{�:y insured against loss by fire.h�ards included within cht trrm"rxtendcd cr ver�ge'and any other hazards.including �
<br /> � .�i •. • ', :?c�s�or t�ooding, for which Lender requires in:;urance. 'iloia in!urunce shaU hc maintained in the amnunts and for the , • �
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