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<br /> � H�jt W![LS SC CO�YC -
<br /> � and cae'vey the P1�at�r�that the Prnpe�ty is uoencumbeRd exapE fot enaun�aaces of�ecocd Barowci w�mats�nd
<br /> � „�u aeteoa�uy�16e 6tk to ihe P[opiMy agau�st all cUums add dem�odc,suDjxt to any ed�tttnbr�ttoes ofteoo�. ..
<br /> • 'I1�IS SECEfRiTY INS1RiIN�1�lT cambi�res uaifonn cove�acs far natiahal use and�soa�tmiform ctsvmants with
<br /> ' lin�ited v�a8oas by j�et":a�tocar�titut�s�iform sa�utity ins�uateatwYaeng�ea!psopttt�r. , _ � �
<br /> �J�RM:4'�V�[�1ATi'f5. Baruwe��nd Lender oovenant and agRee as foUows: - .
<br /> - !. h�wlat.d�e'41'3�t�!�PreP�l�e�t�ed Wk.Cin�d. $amwer s6alI pomptlY[mY wba�due she
<br /> � P��+P�o�.And intaest oa the debc evidenced hy the Note and anY PRP�Y��ad tate chargss due yader d�e Nooe.
<br /> _- - Z. .�f��es��.Sabjoct to aQptic�b�e iaw ato a wrium w`aiver by L.a�der.HoQOwa s6s�}P�Y��_ ___ ---
<br /> I.endcr an f1�e d�n�uNh1Y L�Y�a�+e due under thc Natw aad'I dia Note is pai�i ut fuI�.a swn t"Fia�ds")for(a?y�Y
<br /> taxa aod assessa►qnts wblcl�awy auain prioric3►over this SecEUity Instinutient u a lien an Wt Pmpercy:(bj 9�Y� .
<br /> � paympits or g�aund mnt�.:on.ti�e prapetty. if aay;(c)YqrtY ha�d ur p[ope�ty inwc�nca prcmiums; (d)Y�Y f�
<br /> - iasut�toce P�emiusns.if any:(e)Y�F �t�P��.��Y:�tf)any sums Pal►able tiY Boimwer w
<br /> ---- ' Lende�;iu aooadarrce wiih tht Pr'n�isions uf paragr�ph 8,in.Gw of the payment of aw�tg,age insuzance pnauums. These
<br /> -__ i�ms ue cailoa"Esaow Icems.° r.e4aer may,at any w�.cotlecc 9nd ht,1a rw�ds in an amount n�t co exceea ti�ma�uin
<br />-_ uuouat a lendsr fa a fe/detally relatM moetgage!wn may requme fqr.Boriower's escrow�ecounc'undcr ihe fodas�#��1,
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<br /> . Fst�te Settka�ent P�ocedures Act of 1974 s�c ameaded iran�inie to time;l2[J S.C.§261i1 et seq.("RFSPA'�,onless�`s.�'f�er
<br /> ,' ° . law that applies w tl�e Fiuids sas a lesser amoo�f�:�f so,Lender may.a[ang tune.collect and fatd Ru�ds�n an amouiit;�i to ,
<br />":,;: �� excood the ksser� Lender may estiav�the�mo�mt of I�uMs due oa the 6acis of cunent data mrd re�ble
<br />__�.- �of expenditures of,firque Escrow Itmos or atherwise ia accardance with appticabk law. .ii_;'.:;;=
<br /> �'� 71�e Fin�ds shali be hetd in an institutie�n whose deposits ane insurM by a federal ager�cy,inttrumeotaliry..���ntity `
<br /> -�=� (includng Lerder.if I.e�der is satb an institu6an)ar in�►y i�edtra!Home Loan Ban�. l,ender sUaiJ appiY����,P�Y . �
<br />- the F.scmw Ioem� I.ender may notc6arge Botrower for holdin8 aad aPPtying the Fvnds,annually aaal�ing th�e escmw '-
<br /> , ' account,or verifying the Escrow Items.t�Nes"s Le�ider pays Barower interest on tbe T�nds and ap`S'ai�'hle�.1w�P�rmits _ . .
<br /> . l.ender to make spc�i a charge. However.l.ender may requine Borrower to pay a one-time charge faria��id�rral '`� `'.:•`.`_
<br />-- , estate taa npvRing setvice used by 1.et�da�in ca�necrion aritli�y�5is 1oan,unless applicabte law pruvi d e s a�x�r a s.:�:�'s�s'';:�: '"�:•��'._� —
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<br /> ag�eertxnt is m a d e or app li c a b te law requires in ter e s t to b e�^�,:�l i'L e n d c r s h a t l rw t b e r e q u i re d t o p a y B o r r o�v�a��f a r�'��i'�•� ;;-,:���;:
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<br /> � � • ' earnings on tUe Funds. Boaower and i.ender may agrea in ar,�pg:however,that interest shall be paid on ttse Ftsa�..�.z�er- :: �-,°m�-
<br /> shatl give�io Bocrower.withoui charge,an annual accuupu�sg,of the Funds.showing�ts and debits ta c�e.�i�''�d the , =-�
<br /> ; ' - purpose for which each debit to the Funds was rnade: The�cmds are pledged as additiw�al security for aI��pais secix�ed 6y • '�. �;:�—---
<br /> . this Security Instrumen� .;'.:..'.;. �. .;� •••. ,. .•:. �' � : :�_�—
<br /> � _ If the Punds held by I.ender eaceed the�,ami�nnt's per.f=ri{ted to be held by applicabte law.Lender�sha��cpa;�i to -�s=_�
<br /> . ` � Bonower for she excess Funds in accordanoe vF`�st�e�quiternents of applicabte taw. If the amount of ttie Fan��3'by ° !--_---
<br /> : ' Lender at any time is not suffici�a io y the�sciow Items when due.I.ender may so notify Bo�rower i�.writ�ng..�.�d.in �``�.==
<br /> ` ::: #,�. : such case Borrower shall,gay.tG:�!!��ts�nt_necessary to make u�,;the deficiency. Borrow���11 matce iip the •' ��.
<br /> � , � . deficiency in no mcue�ac tc�e��:.��Y�"g:.�;.cs.at Lender�s sole discre�u�. � .;�: ,: � . 5 � `"'-
<br /> �� UP�PaYmenr icr fu�II�F a.'b s�sec�s3 L�,th�s Security Insawneii;L.ender shail prompUy refyiaJ��ormwer any . ::=�.'�-�
<br /> `� � Fvnds held by Lende� i�c�^�er�laa apb 21.Lender shaD acGuire or sell the Pioperty.l.ender.prior ta t3e a�cquisuion or • ' �
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<br /> ,, � �� sale of the Property.syatt appFy�y�uqds hetd by Lendes zs'the time of acquisirion or sale as a credit�i:�.cE.tht.sums :;;:��F �.
<br /> • J • secured by Q►is Security Insaument. ' . . -."._�
<br /> 3. Appliqtion o�Pl�ymenta Unless applirabte law provides otherwise, alt payments received by l.ender under • � '
<br /> �'° paragaphs 1 at�d 2 sha116e applied:firs�to any prepayment charges due under the Note:second:to amounis payable under ..�f�..,�.'-�
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<br /> � • paragaph 2;third,to interest due;fourth,to pdnclpat due:and tas�to any late charges due under the Nae. � .. .-`'.,:...
<br /> • � • 4. C�ar�es; Liena Borrower shall pay aU taxes, assessmen�s. charges. fines and impositions amibutable to the . .. �:
<br /> � �-' Prnpeity whtcb may anain priority over this Security Insnumen�.and leasehold payrnents or ground rents.if any. Borrawer .. .. _ -
<br /> 'j� shail pay these obligations in the manner provided in paragrapb 2.or if not paid in that manncr.Batrower shall pay them on -=_ -
<br /> time dimctty to the person owed payment. Borrower shall ptomptiy fumish to Lender all notices of amounts to be paid under � "-
<br /> � "a� : this h. If�asrower makes ti�ese me:�fs direcq .Borrower shali rom U fumish to Lender recei evtdencin � - _-
<br /> p�B�P P�Y Y P P Y Du S .
<br /> ' � the paYments. ...
<br /> ' ' ti� F�srower sha11 promptly discharge any Ilen which has priority over this Security Instrument unless 8orrower.(a)agrees . -� '
<br /> y ln v�u�;�to tfie payment of the obligatian secureA by the lien in a manner aceeptabte to l.ender.(b)concesis in gaad faith the - �._;• -
<br /> . ' lien t�,pt defends against enforcement ot thc tien in.tegal procecdings which in the Lender's opinlon operate to preui�tt the ..��,.-�;�
<br /> _ _, enfor�szznent of t�$�:or(c)secures from the holdcr of the lien an agr�ement satisfactory to Lender subordinating S�:r'r.en _
<br /> ,. . � � to th:s�acurity it�smr�ment. lf l.ender determines that any part of the Property ic subject to a lien whielv caay atta:cb pri�rity �.
<br /> ,,�� ':+ ove��is Security Jnstrument,l,cnder may give Borrower a r.�s�iee idenGfying the lien. Barrower shatt��sfq the lien�take � • ,
<br /> .. ' ,•I � one oe a.�sre of the actions set fa�-�:�nve�vithin 10 days of�►.-�iving of notice. �' � •,
<br /> � ��` �'` , S. Narud oe Properfy U�ran�. Barrawer shalt�tYep the improvements now ex:ki:sg or hereafter erect�cs�the �
<br /> . ' ' � Property insured against loss by fire,hazards in�s;,��ed wiihin thc term"extended mvcrasr'�.�:rd any c�;4r hazards.i�s!�ding - .
<br /> •'.�;x ��� . floods or IIooding.for which Lender require�ir;�:::ance. This insurance shall be cr.a;a:zed in the�arAUnts and for th� . . .
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