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<br /> ;; TOGEI'��R�WITFI all the impmvements naw oc heceafter erected an.tM pcoperty.artd ail eas..-rt�►ts.aPP���
<br /> aad�'ixnues now ar hereafter a part of the pmperty. Al!r,eptacerneats and aciditions sitall afso be cevered by Wis Security
<br /> � . Instmmerrt. All of the fot+egoing is tefe�sed to in ttds Sec�uity.Instsument as ttt�"Prope�tY," �
<br /> oy�;Z BORROWER COVENANTS that Barevwer is tawfufIy,seised af the rsuu�[tereby,ovnveyed and has the risht to gant —
<br /> ,� and convey ttie PmPestY.anA thai th�Property is nnencumbesod.except far eucumbrances of.record. Bottower wanants and
<br /> � will defead geneaally,tM ade W the Property agamst all ctaims and demands,sub,jecs co anKencumbrances of reca:d. --
<br /> -� ` 'i'i�flS 5ECURI�Y INSTRUMBI�Ii'ramb�nes�nifo:m.coveaants fos.nstianat use and.nan-unifarm rnvenants with �'��
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<br /> � ,�` limited variatioas by jnTisdiction Lo constitute a unifmm security.insirumem covering ieat pm}wcty. — �.
<br /> �``' UNIPDRM COVENAN7'S. Bo:ro�ver and l.ender covenaat and agtee as follows:. -��-
<br /> w6en due t6e : .�'�`.i
<br /> - �- ;: 1. Ptiymeat otPrinapal aed I�►terest;PrepAy�ent and I.ate Charge9. Soarow�°s'�shali ptamPtly�raY ,�
<br /> Z '' ptincipal of and interetit an the debt evidenced by.the Note and any pcepaymem and tute cha�es dU�under thc Note. �:6'��;?c_�
<br /> 'i, ;: � Ftinds for'Ihies and Iasu�ncG Sub}ect to applirabt�taw ar ta a wntteu.waiver by�.i:ender,Bortower shall pay to • — T_
<br /> � Lender an the day monthty pagme�rts are due under the Nota,until the Nnte ia paid.itt,[u11i a susn t"Funds'�for.(a)Year1Y ;.�,.�T�+��-
<br /> taxes and assessmeats afiicb may,aitain priority o�er this Senuit�.Insaument as a tien:cm.th3 ProPerty:(b)Year1Y teasehold : ,F„A„�-- -��:.:;,
<br /> ams: (d}9eartY.fload - � �_
<br /> _ _— - _ Paymr.�t.c ar'grouad:teais an the Pmperty.if any, (c)•Yearty�hazazd°��Pr�p�rtJ''ipswAnGe P� .able b Basm�er to .-s�;�,.
<br /> - insiaarice pteminzits� if aay; te) Year1Y mo�e insoiunce premiums.if,am: and�(fjr�•�Pa3 Y � �-£ =
<br /> _` Lender.in acwrdaur�with the Qravisions of.pa�raph 8.in lieu of tha paymeni�of�mortgage insuranoe�rdunss: These �.. �s ..
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<br /> � ,�-..:...'".; items are calted"�w Items." I,ender may,at any time.coltect and hald Funds in an amottnt not to escx�d the ma�eimum _ �.:,� �-�.¢,.
<br /> ` �� �" amaunt a lender for a t'ederaDy ielated mortgage toan may require fos Barmn4r•'s'escm►v:urrwnt:�a�the fed�ral Kea1 . - '�J ���`--- -
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<br /> , � ",- . Estate SeNement Proceduns Actaf i414 as amended from ume to time.l2 E:°.S C.g Zbt►t,er�seq.f'���").u���other , :r ��.
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<br /> • '.:. • taw that applies to the Funds seL a t�ser amoun� I f so.L e n der may.a t a ny.t i m e,c fl t l�t:a n�.h oId Punds sn an amount not to �. ;.„�:Fk.`.
<br /> � d2ta and�nabte � -:�`'-`.
<br /> � ' s' .�:;�;', - exceed the te.uer amount Lender may timate the amount.of Funds du�on.th� ba�i�af.currest. *',. ,:,,r.r�-:: --
<br /> .J�,_- estimates of e�tditures of futute Escmw Ltettss or othetwise in accordance with appliCaM�ls�'v. ,'' : .`•`.:';„` ---
<br /> - 'rt��''��;,..'°'. The Funds shal!be hetd in a�institutian whose deposits aie insured.6}t a fedeml,i+gency.'rd�tality,or entity _ -���
<br /> ` (including Le�sder,if Lender is sc:ds an institution)or in any Federal Hum�Lou��Bai�.: Leader shall ap�I4•the Funds to pay ,1 s .
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<br /> -� the Escrow Items. Lender may+ios charge Botitower far,hnisE'sng�d applyin�tha Furd-rti ar►nually aualyting�e csccow ',;. ��,-�
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<br /> . •=t,t�, r,.�;::;� ' ' accous�t;ur verifying the Escmv�Items, unless Lender pa}�sBarm��r,int�est•an,th��iatis and applicab2e t�n pesmits
<br /> . „ �.�u"t:': . ... l.ender ta maxa sucU a charge. However,i.ender may requiie Bamn«ur�td pays'a:or.e��charge�or an indeper.�'ent real ..,.' :. _
<br /> < ••.:�,t. a��..::;°�, � • estate tax reportAi��ice used by l.ender in conaection wiih"thi�laan.,unl�sppii�b`.�'�provid�.c�erwise. Unless an• . . -
<br /> ;;.°.: � ` �� agreement is m�d-�csF�plica6le law requires interest ta 6e paid.l.end�T,sh�11'ntn:b�ro�.w pay,�ctn�wer any interest or ;,-
<br /> �. ' _ ii't�fi!'�ti;:4�`'�!`: � ? eamings on the Pa-a�s.'Ba�rower and Lender may agire in.writing:hawavcr,t hat+iate.n'�t d�e'�1 6e.p z�.�t h e F u n d s. l.e n d e r , . '•
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<br /> ` -•�cfv�,>��;,��`° . shall ve to Borrawer.withaG4 cFarge,an annual accaunring of.th.FantJs:sht►cVir�g cs'v3�t��d de6iis to[he Funds and the -.' `�:�� �,
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<br /> � ,•, r..,�ri,;�;,r•��,.�::><. Pu�pogs�e for whi¢h each debi�u��Punds was mad8. The Funds ara pledged�as additia�.E�surity for all sums secured by r;,��
<br /> � :;` '�`�!'.,J��ff<r1 ,; : . thisSecuritylnsuumen�. .� .. �
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<br /> • :��� '-.�,�, , �,"' � � If the Funds#��d•by Lendet exceeil ttr�amnunts p:cmitted�to�be held�by applicable!:�::�'.�3r,�'sball account to � .o�.-
<br /> }� '`;�.,:•.�,'�y;:.<it�;�.; ; • Borrower for th�ezcess Punds in xcvoid�zrs with tha rer�uitements of�ap�ticable law. If the�rnr*f?LE the Funds held by . . ,.��.:-'"°°'
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<br /> � .��s�s.,-k�,,i"f � LCnder at an time is not sufficiea,fo pay the fiscran��Ittms�when due.l�ender may so nati�:.Hcrscwet in writing,and.in ;' ,t•_.s:
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<br /> R;;�...•�.,��zy�;;,,;:;. . susb case Bosraw•er shaJl pap.ca�der the amaunt�nv�sazyr to make up the defieie��3•: 9orrower shull ma1,��p th: '.'::`'1,�:._ •.,:+_,���
<br /> � � �,F;N,;; def'�r�r:y in no mare than n;•etwL��nthly paym�ts,a�Len3er�sole discretion. , :. -
<br /> �: ,, , ,. . ~�i,rpon paytn�,G.m fuli�of a!3 sums se�ure�l by.this•So:urity�:(nstnttn��.Lender st*r�?!prompdy refund to Borro«�er any ..�'`s. :• t;,�r'
<br /> '� '" `. • Funds hetd by I.c.^�+:r: If,under pamgrnpb 2t.l.entl�r•shall�accluita or�sell th�Properry.Lender,priar w the acquisition or �_,,.;._-.•^
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<br /> - �;r•, �` sale of the Pn►pCJi`j.sfiall appiy any Funds heiil6y�:l.endes�at�th:+tit��of acqaisition ar sala as a cra.:t agpinst the sums :; . '.•,::'�j;:�±;;
<br /> . �;;;��}:;t� , secured by this Security insuu���:�. ' ?'�;•'
<br /> . - � ..,���;f�r�ti4�,�`' :. 3. Application os Papa�aa6s. I:nl�ss ap{�lifa+at�tr!�K':provides otherwise.ai! gaGmants received by l.ender under ,?;� ! , '.;° �
<br /> „4r,�}, paragraphs 1 and 2 shall be ap�4:a�,'firs�:ta any.prc�3ym.n�char�es duc under the IVca;.5econd,ta amounts payable under �1 � _�
<br /> � � �� . -. • paragraph 2•third,co int�rest da�faurth�tu p.rin:�p�.1�9�+t:and lact,to any late charges du:�.��der the Nota. r:�,�;;.:
<br /> ' •"� -� 4. C6arges; Lie�s. Bosrow�er:shall�p3p:�91a[r��s.assessmems, charges. fines and impositivas attributabte to the ` j,,,�,_
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<br /> • ,, : Property which m�y attain priorit}'aY@l�{f[l5 S►'G:Eil�j�:liisuument.and leasehold payments or grouncf��s.if any. Borrower
<br /> • ._ `.;:��;��>.��,' shall pay ihese obfigatiaros in ttu�ir;ann:r prm•c�:d in,p�ra,g�aph 2.or if not paid in thut�^annet.Bar."�-�:r shall pay them on . . -
<br /> `�' �'}'��'�'� � ' time di<ectly to tJ-�per.�.onoy�cc��a}�•trwn�, Btumti}er�sl�il1 pmm�r.ly fumish ta L.ender�.l c��tices of amounts to be pafrd undet
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<br /> .�.:�� -`�"-�'�-`'. this ap�. !i I�orraw•es mabz.�th:.re payrnnnts•dittKtl3.i�aTOwer shall promptl�•fart:ish to Lender receipts er:i,i,cl�encing • ..
<br /> � ,_•.,���•+; � � ' ' ' � . ' .
<br /> . •:::" ' � the paymenu. . � . ,:
<br /> � : Borrowerafr,�l���amp�ydl9CFE3I�*�,a1.�I);{i•:rEZ�hichhaspriarityoverthisSecuritylns7umentuntes>��rrower:(a)agrees ( . ,;�,�,
<br /> ,;;..'. ':;'� in writing to the p�`s�+1�emo4•ih�:oyli�atibmsecLred by the lien m a manner aeceptable to Lender:(DTcaT�s:s in gaod faith the
<br /> at
<br /> _,�i��,;;,, .' • lien by.or defends�agai..�:3t�nf�cernen��of the lien ia.kgal proccedings which in the Le:��2.r's apinioa aperate to prevent the �
<br /> •� w"�' enforcement of the tieo2.a^(�)•��+:a�es S�om ihe halder of the lien an agrccrttcnt sutisfsc�.'��rn ltimder subotdinating the lien �
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<br /> ;,-. r,k�t`5;�, to this Security lnvuu:ryenu if Lu-�er determines that any part af�he Property is subje:a�u a lien which may attain prioriry
<br /> . -`.,����'���!'` . . over this Seca�ity:instru.^x:nt.L��:er may.�iy�Borrower a natice identifying the lien. Borrower shall salisfy the IIen or take �€ ,
<br /> ' � � ` one or more of the actions set forth above w�th:��IU days of the giving ai notice.
<br /> '�� �� 5. Hazard or Praperty lnsurance. Qorrn�ver tihall keep the improvements now existing or hereafter erected on the I
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<br /> .:,i;,.� Property insured against loss by fire.hazatds inclttded within ihc tcrm"cxtended wverage'and any other ha•rards.including �
<br /> ' "�`-••.- • flaods or floodin for which C.����:r reruires insurance. i'his insurnnce shall be mainE��ined in the amoums and far ihe
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