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<br /> _ - 'r0�#B'P�t WITH all the imga�oveu�nls now or hec�Rec�recto�en thc property,�ad atl a�
<br /> _— -- �s n4w or De�ftet a gatt oi tbe Qropert�r. All reptaoem�uts atid additrons shall Wso Qe cpvered by '� Se�ty � _
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<br />- ' 'BORROWBA CQVBNAN'I`S thut Bormwer b laa+fiilty seised of the estate hereby`cQnveyed ead has the rig6t m��siu and
<br />- canvey th$Praperty and thai the Pcopeny is a�n����exce.pt for euwmbrauces of reotiird.8arrower a�ananb aad wll1
<br /> defend genetally tDa tIt2c ro tne proptrty against att daims and demands.subject eo ady encumbrartces of eeoo�.
<br /> - THIS 8HCt1R1TY INS'FRUMEI�T oombines uniform oovenants for aacTonal nse aad noa�uaifo:m aovenanta with limtted�
<br />_-- - - yarlatiaa9 by jwisd€ctton to wasd�te a uuiform seauity inst�ument ooveiing►+eaf PmP�'Y•� --
<br /> -- - . ti1V�OR1Vi CtlVSAiANTS.Boirawer and Lender covecu�nt a�d agree as follows: - --- --._
<br />� 1. II�y�ment of Ptiadgat and Int�+�t; Pr�e�,yment and i�te t�arges. Eormwer sball ro tt -- - wh�n due�the � =- -
<br /> ;,.. P mP. Y FaY . .
<br />-� � prim�Qa!of amd inte�on ttte debt e�6y thc Nt►te a�aap p�yment and laze tbasges d�e undear.th�Note. .__
<br />__.-_ -- ---��_-�-- - �
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<br /> ti 2.�aads for Taaes nad iasae�ani�Subje�ro appHcabie!aw or to a written waiver by Lrender,Bomnwer s�l pay to _ _
<br />_�' Lender on tlte day montl�IlY PaYare�s et�due andes t�e Note.until the.lNote is paid in fuU.a snm t°Fhnds')for.(a)Y�Y� _- __=__
<br />,=� aad ass�nts wtuc�may auaia priortty over ttis Security I��+��t as a lieb oa the Propercy:(b)Yearty teas�oid payments =-------_
<br />-_ or gc+ouad ceats aa the Property.if any:(c�Yearly 6azard or property iasvraaoe piemi�;(�Yea�i9 ftoad iastuanoe piemiams. --- _
<br />- if anyr.(e)Year1Y mortBaSe ia�v�ance P�,if any:aad t�anY siims gaYabie by Bormwer to Lender.in acrordanoe wit� ---
<br /> iance �
<br /> the mvisions of h 8,in tien of the paycnent of mortgage insurance premiums.l�ese item4 are calted'Fscrow Items.° �--��-
<br /> P�S�P =
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<br /> r a fed =-� ------
<br /> to the maximum amo�mt a leader fo eratiy -
<br /> ader ma at aa time oollect and ho2d Funds in an a�ount nut exoexd -
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<br />- ze'lated morigage�oan may require for Eonower s escmw as�ount under the federai Reai Fstate S�ttement Pcacedures Act of tz�r y�
<br /> w 1974 as gmended fmm time tu time, 12 U.S.C. Seaioa 2601 et seq.(°RBSPA'�,wtiess anot�er tavr tAat agplies w the Funds �;yr;:��;--;-_ -
<br /> _ .�*' - -.��'�, sets a lesser amounL If so. Lender may. at any time. oolIect and botd Funds in aa a�nt not tv exceed the tesser amount. t�°=�.`:° .
<br /> � ..-�'ti°:� •, Lender may estimate the aQmu�of Funds due on the basis of c�rrent data and reason�cb3��imates of e�pnditnres of funue ������-=
<br /> �T3 "1'� .�T11�_,�
<br /> ,' �� Fscc�ow Items or atherarise in acoordance with applicable law. � ��n =
<br /> , ; , :� The Fvads sl�all 6e held in an institution whose deposits are iacured by a fede�a! agencY. insuumentality, or enfity �:}�Y = ..
<br /> `� ` � "`'� fincludiag L�ader,if L.ender is sucL en institution)or in any Federal Home Loan Bantc.L�sder stiall apply the Funds to pay the �;�``. � i��
<br /> �,`�'Y�.••Y:.��,:�.�-� theeacrow soeount,or � •t ti-��.
<br /> F,.:, , Fsccow Items.Lender may not c�arge Borrower for ho2diog and applying the Funds,�lty analydng ;;;��-��,.c�, �`w
<br /> :�°� '�::-;,,��: . verifying the Fscrow Items.naless•Lender pays Boirowec i�st on the Fuads and a�gtioable law pemtits Lender to make suc6 .���,��°�:_.� ; �-'��'
<br /> �`'8'..: ' ' � - a charge.Howev�.i.ender may requirc Bosower W pay a one-time ci�e for an ind�endent tea!estate tax reporting servive `
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<br /> - : �Q �o � :�� ased byr Lender in oonnection with this loaa. untess applicable lav,r �ovid�s otheewise. Unless an agreement is made or ' �,•..�.r;.�e--
<br /> ��. applicable taw requires interest to be paid.Leader shal!not be requirect m pay Bomonrerany interest or eamings on the Funds. �; . y � ':
<br /> �. ,� �� • . Borrower arsd Lender may agree in writing,however. that i�,terest shall be paid on the Funds.L.eader shall give to Bomower, ,n�'o- ,,E. < <�� _-.
<br />� �,': . � wIthout chatge.an annual avoounting of the Funds.showiz�credits and debits to t4se Funds and the putpose for which eaeh _;�;��i,`•.;`.. .��--.
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<br /> '`�` debit to the Fuads wac made.The Funds are led ed as ad�"itiona!securi for all sums secuzed b this Securi Instrument. •�:��'���L�_:;=�
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<br /> ' u�: r �`� ����?. If the Funds he[d by Lender exceed the amonnts pemutted to 6e @etd by applicabte taw.I.ender shall accouni to Borrower `2 :�� r�,�±$%U a
<br /> ``�. for the excess Fuads in aaordanoe witb the requirements of applicabie taw. If the amanat of the Fuads held by Lender at any , t, • !,fivt, _
<br /> ci1?� � � - � '
<br /> time is not sufficient to pay the Escrow Items when dae,Lem..�r may so notify Borrower in writing,and.in such rase Borrower ;������� z . � y:
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<br /> - �; -� � ;: s6ali pay to Lender the amount necessary to make up tLe�ciency. Borrower shaU make up the deficiency in.�eo�more than ..'����{,�<,� i,;,� .
<br /> `��. twetve monthl 'M� -
<br /> � :-.�._ Y PaYments.at Lender's sole discretioa. y '..� ,1t ;_rt =
<br /> � `��:,� Upon payment in full of all sums secured by this Sectuiry Instruc�ent, Lender shalt prumptiy refund to Borrower any i3� -
<br /> a� � . „ ..c . . .., :>
<br /> �`.F � � Funds hetd by I.ender.if,under paragraph 21. Lender shall acquire or selt the Property.Lender,prior to the acquisition or sale ,,;:•�• .•; •>�,:.�:•��-'°
<br /> ,A �:� �= �T:��
<br /> s�� '' - ' ° of the Properiy.shall apply any Funds held by I.ender at the time of acquisition or sa[e as a credit against the sums secw�ed by ;��5�;�;�����,; ;;^�:
<br /> ' i . . �,�,,:�.u�: . .:. ``i
<br /> this Securiry Insuument. ::�Cc,",•.,�y�
<br /> S • ' • �• 3.Appltcation of P$ymeats.Unless applicable law provides othenvise.ali payments received Dy Lender under paragraphs `''r1;,�Y'3-`;:, - -:.;.r
<br />-.-:;1 � ' � ��"; 1 and 2 sha11 be applied:fisst,to any pirpayment charges due under the Note:second,to amaunts payable under paragraph 2: ,
<br /> ' . '' ;.a� third.to interest due:fourth,to principal due:aIId last,to any late charges due under the Nate. ,' � ,
<br /> ;:.t,. •�'`< 4.Charges;Lteac.Bortower shall pay all tanes, assessments,charges,fines and impositions attributable to the Property , _
<br /> ' ��,�, � , : ; which may attain priority over this Sewrity lastrumen�aez�leacehald payments or ground rents,if any. Bomower shall pay • ,' . . .
<br /> ` �_... •,,�,,,,,. :_:"ra��•� -:t, _ .,
<br /> •� ' these obligations in the manner provided in parsgraph 2.or if not paid in that manner. Borro�ver shall pay them on time directly ':�:•r.�. � ,,:;
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<br /> to the erson oned a ment.Borrawer shall ram tl fumish to Lendcr all noticc+of amuunts to be aid under this ara rs h. � • � �� +i;�'s?�"
<br />- c.. . .•'<; : P F 9 P P Y P P S P � ,+��,.,5+?,;
<br /> �s� ,.. ��- • � ''-:� If Borrower r.ialces these paymems directly.Borrower shall pmmptly fumish to l.ender receipts evidencing the payments. `;it;�}s�;.>;
<br />�.� �. � .: ..
<br /> �'` , '.�t''� Borrawer shall promptly discharge any lien which hac priarity aver this Security Instrument unleas Borrower.(a)agrees in ,: . ' �
<br /> �•i. ��.a,�.; .
<br /> : �;f,_�,.. : ��� writing to the payment of the obli�ation secured by the lien in a manner acceptabie ro Lender;Ib)conte�ts in gaad faith the lien »,;,,,,
<br /> { ; . <•r •,, ; ;::�it:� by. or defends ..;,.,.,.
<br /> , against enfomement of the lien in, legal praeedings which in the Lcnder'�opinion operate to prevent the �+c:��yrt?;� ` �
<br /> :,�,: i� = • • .:��:,�� enforcement of�.'�e lien;or(c)secures frorm the holder��f the lien�n agreement sati.fact��ry to Lender�ubordinating the lien to . ' '
<br />-;.._S � this Security Irtsn�ment.If L.ender deter�r.�s th3t any part of the Property i+.ubject to u lien which may attain priority over „
<br />- • ,`�;. • this Security Instrumem,Lender may give 3��rrower a notice identifyir_rhe lien. Borrrnver shall �ati.fy the lien or take one or .�
<br /> �f:�� , • • , stare of the actions set forth aDove�vithin 10 days uf thc giving��f notice. � �
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