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<br /> . ` '[�AtjEf7�IL�R;�1►,f':�'E��II)I�e i�p�av��`a[Aeildix aECt�pi ln fNC Q�oQatq.�ad sU easlmma.�•�
<br /> ='au4��imres�w�►ar 11�:��k i�c[d�e_�eopaty. Mt eeptace�oa+a and additio�s sfwp aito be correled 6y diis Sefucity „'
<br /> .:' I�da�t. Al!of tbR ft�4itK is ietened to ia tbis Sa�u�ry im�iax as the"�topaty:' . � .
<br /> BORRdWEEt�GQ►��iaill�N't'S dt�t HoRU�rer is iawfulty sdsed of ttre est�MG dxebY com'�Yad a�d hu the_e�ht.to Baot
<br /> `', sutd coavey.tbe Peo�st,�t and:tiwt tl�e P►bpectY is aaencumbaed.esapt fa sncumb�ances of recoe�d, 8amwer�vurants md
<br /> : ���rM.�ac�rr��e�oam„��u��na��as.�waay�e�o��«a.
<br /> THts.sBC�JR�'K'[N,�#.7titME1�'1'oombioes unifam cevenants far n�rionat use aed�wa-uu'ifam eoveoaats wi�h `
<br /> - Tunit�vati�tiaos,b�tj�tacaastitulea�mi€rns�ssa+�ityir�aatco+rsri�SmlptoQen�►, . - -
<br /> !]NIFORM t4�►.'FaIA1V,T�. BocTO+Qeriud Lender cavea�u and agr+x ss foltows: � when due the. � -
<br /> �Qer
<br /> i;� �ay,�e�aFtr�a.�i.tere�treN�a�La�e cWrl� 8o�mwer st�ut pcompdy wY
<br /> of aad'uus�tst,aa,tb�{debt eridenced bY tbe Noue�nd aaY P�WY�t ard late ch�ges due under tbe Not�. .
<br /> �� �y��iss fatf�t;�bwra�'G SubJect m law a m a rvtitten w�ivec by Le�det Namwu st�llp�y tu
<br /> >,•: 1,endeF.an We dsy:�ty��Ya�ane d�e under tt�e�utuil tha Note is pud in fuU.a sma l"F�nds'�fac ta�YadY ,
<br /> - - - qucs.s�ud�.�Ai�l��r.�-:�tt�.�:'»�F�rs�t6is Sxu�ity In�hu�rkat as a iiea aa the Ptopercy:tb1 Y�Y�
<br /> �yments ar growM�reais�r.the Pmpe�tY.if any; (c} ye�riy Auud ar propetty iawrance,pnemiwns:(d)Y�Y �
<br />-= i�ve p�r.mim�.1F arrg',;:f�1 Y�l'�S���t P�f!!�if aay;ad(fl a�►Y 5ums 1�Yabk by Ba�mwa to
<br /> - .. 4e�ia acan�d�ttca wiilt�tde pmvisions of pangr�ph 8.in tieu of t�e payma►t of mortg�ge insu�ance pn�ums. '[bese � .
<br /> iums ue colled"Escmw Iceeis.° Lendtt may.at any time.coQoct aad hoW Fonds m oo amaant nbt w exceed th�muimwn
<br />'�:+ " ars+�amt a Imder far a�fiedec��,tlx nl�ted�ioaa may isquue fa Bormwer's es�row xcwnc under the fedec�►t Etsal `
<br /> - $�e Settlement:Ptqcedates:J�ct of 1974 as ameoded fra»�nne Do titae.i2 iT.S.G.�2601 et seq.("RFSPA'�,ariless another ' ,
<br /> "n
<br /> • � lavr tlt�t�dies to t�fa Fltndq.'sZts a I�sser amount if so,l.�roder may,at any time.oolloct ar�d buid..�'wdS.in an aawu�u not to
<br /> '-{..�. e�tceed tLe tesser�nuwa�. :�ndec may e.Wm�te tt�e amoant of Ftu�ds due on t6e basis af c�.:d�r.�t and rtasanablc
<br /> .- esurim�es of eapea��oEfuWme Eserow Items a�athe�wise in accoidaace with applicabte taw. ' .
<br /> = 71re�1u�ds sba1l�be ttat�,in an institn6dn wbose deposits ace insured bY a federal ageacy,�,or enriry .
<br /> (inelndiag Laxler,if;L,�ndtsc i9.sudt an instituuoa)c�ia anp F+ederrl tlome Loan Bank.. Lender shall agpty tbe Fun�s to P1Y
<br /> di
<br /> the Fsaaw Itema Liend�may nat charSc Boauv�ec'Far hatdiag and applying the.Fands.annlially analyr�t�g.the escrow 4
<br /> *' ! account,or vecifying�thc Esemw Items.uniess Lesde��FsYs B�tnwer interest on the Funds aud applicable law p�tiuits __
<br /> �' �-' Lendet W maice such�a cbarge. Hnwever.��ffiy��W�w pay a�-Ume charge for an in�kPe�� �'�
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<br /> • ; i•_ -� tataDe tu teportiog•ssrvice-used by<l.eridec ia em�etiotl with Uus la�u4 unl�s applicable!aw p�ovides oti�tise. Unless an ..._ �-—
<br /> � � agroemmt is made u1s appii�able law requires�tit�ss to be paid.Lxnder sl�alt not be mjuiced to pay Batsawer`any inurest or� _ _
<br />, . ` ' ' earnings on.the Fanda.B�rnswer and Lender raag agcee in wnang.however,drat interest shall 6e paid on tfie Funds. I.ender . �"�i'�:;:
<br /> . ��� '.` �( , staU give w Borrawer�w`stiwnt cfrarge.an ann�st accounpng of the Funds,showing ct+edits and debits tn the Funds arM the � -
<br /> �°:.-�-�.
<br /> � , ; I� �PL���Pp��,„�f�a. a*fi�,i.c�h,�;eacb�d�Dit w the Funds was made. The Funds are pledged as ad�6ona1�ecurit3!for all sums secutedby --_
<br /> �4..., ' YlL7Ji�{Y�T�LWUY�li .. . . � ' . �� -
<br /> ° If the Fonds.hs1d�by�.ender excced t�e.ai��� Pem°itted ta be hetd by applic�i4c law,Lender shall accou,nt to �.
<br /> ;, ao�owtr fm thC exce�.4�unds ip accadanc�wUft��requirements of applicable law. If the amamt of tke Tvnds i�eld by �
<br /> - •. I.ender,at ang tima ir.nQt sufficient to pay the Ea�;�.;r Items when due,Lender may so notify BorroweE fn.writing,and� �::�
<br /> - - �� ; .. ' sc�t�se Bonowen shaQ:PaY to Lender the atss�:.-�t necessary to mal:e up the defieienc.y. 8orrowe'c,."�.�TI make t��t�e . _
<br /> - de�cc'sat;.y in no ma�e tttanttvelYO monthty PaYmenu.at Lert�'.4 sole discretion. ��• . � . - r_ -_'
<br /> ��= :o Borrt-iu:�r. 1� `'�`��
<br /> --- - -- i �Pan PaYmen��in,full of ail sums secured by this 5ecurity Instrument„L.ender sdall pmmptty cefuc�i; �Y -
<br /> ••Y'""`,;' ' � Fvnds held by Lendc�:'If,under paragaPh 21.L:endec shall acquire or sell the Property.Lender Prioc t��accluisiticc�or .�.�::�,�;
<br /> ' �'-� '�' �� ' sale of the Propere;�,sball appiy any Punds held(sy 1.ender ai the time of acyuisirion or sale as a ece��.�st the sums _;„
<br /> • - �, �� .,•' . secured by this Secur�,�}.instcument. , .
<br /> �. -�`• :'�. ' 3. Applk�ttn�06 Pt�ymentg. Unless app lica b le law provi des o t h e r w i s e.a l l p a y m�r:�s r e c eived b y Lender under " " ;
<br /> , ,; {;;" . paragraphs 1 and 2sftAil be applled:fast.to anY prepaYment charges due under the Na�a��3�to amounts payable under , . .. _
<br /> ''' paragraph 2:third�,ta�interest due:faurtfi.te principal due:and fas�to any late charges due a���L'�e ti�te.; .:°::r�._: _
<br /> -x �""�� 4. Chuges;;.�iers. Burrowec sha11 Dac aU taxes,assessments.charges. fines and imposiriQrs�ributable to the _
<br /> � :aao>+°. � . -
<br /> �= ;f`• Propeity which muu�attain priar�ty over t his 5 e e�u r.i y ins t r um e n t.an d I e a s e l'�e��p a y m e n t s o r g ro u n d r e r�r a.�ar►y. Borrower �
<br /> - .`` � shall pay these ohligutians in the manner pro4��i:in paragraph 2.or if not�u�9 in that manner.BoROaers,"�all pay them on ' , • ;.
<br /> � ut
<br /> � time dinctly to thQ persan owed pa}ment. Borrower shall promptiy fumisit tr�Lender all notices of arrtou:Cs ro be paid unde; _� . . =
<br /> • } � ", this pzsagraPh. Ifl�aower mal:e�tfiese paymer�ts directly.Barrewer�sl�.Ts�rom_ptly fumish to Lender receipts ev,ider�r�ng _
<br /> • __,.i. � ii; the Qayment�. ' ' -
<br /> .r�� :. '�. Burrowcr shalLps�:rriptty�ischazge any tiei��iieh has prioiity over t�i.��,°curity Instrument unless Betcruwer:(a)�ees , __
<br /> ��' .. in wtiting to the puyment of the obligauon secur-�6y the lien in a manner�table to Lender.(b)contests in goud fa'sth the
<br /> : ��; .
<br /> • � � �iEn byr,ur defcnda against enforcement of the licc�in.legal proceedings wf::cJ.�in the Lender's opinion aperate to prevent tt►e _
<br /> �" esiforeement af the IIen:or(c)secure�fram[he holder of the lien an agreement satisfactory to Lender subordinating the lien . . _
<br /> � F Y�,+�'%r:. to this Securlty Inatr�tmenG If Le�tder detertnines that any part of thc Property is subject to a lien which may attain priority .
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<br /> ��- �'+s� over this Securen,��nnirument.Lertdcr may give Borrower a natice identifying the lien. Bonower shall satisfy the lien or take�
<br /> � � � �"' one or mor�of tfle actions set foAh ubove within!0 days of the giving of nati�.
<br /> ' �'•"-'�' � �'' S. Huar.d�oa Property lnsurance. Horrawer sh�ll keep the impro��rtents now existing or hereafter crected an the
<br /> �� '' �� [ Arapeity insur�d against toss by fue.hazards included within the term"extc�ded coverage'and any other hazards.incluQing �
<br />- . °,�` . ''r,;-�, fy.,,, ' ttood�;or ftoodln�,for which l.ender reyuire�insurance. This insurance shall be mainrained in the amounts and for the •
<br /> _� �.`:�tkNt�!'�; �r'{: �oriu 3118 !l!! IPaRe 2 of b pages> . '
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