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<br /> TUOETH$�lt WITH all the iinprnvemant� taM or hete�tt� re�ected on the Y� sad �11 aeem�n '�'�
<br /> ete
<br /> �ppurtenu�oa��nd tlxt►en��w�v or beee�lw��p�rt oi the poopaKY.All rapi�oemenb and tia�s�h�ll�I�o b o0
<br /> b�►tMh Mamiqr I�a�umant.All ot the toeweodnR i�r+�M�rd W In tbi�Sec�rity Irrtrument�the'Prop�rty.'
<br /> _ - HORROWBR QOV8N,4M'8 tMt BorroMer i�bwfully�ei�ed ot the atate twroby oonveyed u�d iw tM d�ht tc�
<br /> p�snt and oonvey tha Pe�ope�rty u�d tb+t the Property is unencumbered�eroept for enaumbranca ot record. BonnMe�"�
<br /> Marnnb md xlll detend iena��lly!ha dtle to tht PmPa'tY apirot dl alaimr utid dem�nd�,wbjeot to any�ncwnbranoe�
<br /> of ncord.
<br /> THIS$HCURITY INBTRUMBN'1'oombina unifam oovenw►ts for national uee and nonvnitorm oovaunts Mith
<br /> limieed v�rJ�doru�by rLdlatIon to constltute a uniform securIty inetrument oovecin�ral peoperty.
<br /> - — �" UNIFORM CO�ENAM'S,Barawer rod Ler�der oovenant and s�ree as[aliAwa � .
<br /> 1.Paymaat of Pri�ciprl aad Interat;Prepsyment and Late C6u�es.BorroMar eh�ll promptty p�y when due
<br /> the principal oI and interat on the debt evldenoed by the Not�md�ny prepayment�nd ltte char�es due under the Note.
<br /> Z. Pt�ad�tot Ta:e�and Iwuricc�e. 5uh�ect w�pplicabla IAw,oc to s Ntitten Maivet by Lender�BorroNCC slull
<br /> — �sy so Lender on the day monthly paymenta�re due undar tha Nota,until the Note ie p�id in tull,a eum t'Funde"�for.
<br /> (a)yarly taxae md a�eessmemta whioh may atuin prtartty over thia 3acurity Inatrument as a Itrn on tho Proporty;(b)
<br /> yearly le�ehold p�ymenta or Qr+out►d rant�on the Proporty,if�ny;�c)yearly h�zard or property inauranca promiuma;
<br /> (d)yearty flood ineurance premturne,lf any;(e)yarly maK�$e it►vuance promiuma,it any;and(i)any eums payable
<br /> by BorroNOr to Lender.in�►ccordanoe xith the provlaiona of prasra�rh 8,in Iteu of the payment of mort�a�e insunnce
<br /> promiums.Theee items ue called 'Eecrow Iteme."Lendor may;at�ny dme,collect and hold Funde in an amount not _
<br /> to euxod the m�ximum amount s lender for� federslly rel�te�d mort�sge lo�n may require tor Bormwu'e aecrow
<br /> �ocount under the federal Reil Est�te Settlement Pr000duroa Aat of�14T�4�s amended from time to ttme, 12 U,S.C.
<br /> Saation 1601�t asy. ("R$3PA'�,unla�u�othcr lax th�t�ppliea w tha Funde aets s leeeer�mount.If so,I,ender may�
<br /> - it any t�me,colleot and hold Funds in�r►smount not to axoeed tha teseer amount.L�r►der may eatimau the amount ot
<br /> Funde due on the beeia oi ournnt d�ta snd t�wsonRble e�timatea oi expendituroe of�uturo Eacraw Itomz or otharwioe in --
<br /> `:�� �cx�ordanco with spplicabte law,
<br /> Tho Funde shall be hold in an inetItudon whoea dsposits ate insurod by a tederal a�ency,instrumentality,or entity c
<br /> � '��� (inoluding Lender,it Landar ia auch�n inatltution)or in�ny Federa]Home Lwm Bank.Lender ahall apply the Funda to
<br /> pay the fiecrow Iteme.Lcnder msy not char�e Botrawar for holding md appiylnQ the Funds,annually�ntlyzin�the
<br /> • ,� �• `� escraw account,or verifying the F.ecrow Items,unleas Lender psys Borrowec interest on the Purtds and applicable law
<br /> perm;ta I.ender to mnke such a chat�e. Hawever, Lender may requite Borrower to pay a one-tlme char�o tor an
<br /> indapendent real estata tai reportin�service uaed by I.cndor in connection with this loan,unleas appllcable laa providas
<br /> •.- ^ otherwiee.Unlees�n a�roement�s made or applicable law requires iy�urest to be peid,I.ender ehaU not be required to _
<br /> pay Borrowar any intaraot or wyun�s on tha Punda.Borrowor and Lender m:y agroo in writing,howaver,that inurest
<br /> 'i, ahall bo p�id on the Funda.Lender shall �ive to Borrower.without char�e,an annu�l sccountin�of the Funds,ahowina g�;;°
<br />- � credite and dablts to the Funds and tt►e purpoee for which eaoh debit to the Funda w�s made.The Funds are pled�ed as --
<br /> - - - uidition�l security for ati suma secured dy rhie Securizy Instrumani. °
<br /> ic .a.at?�!�,li,�:�-...'
<br /> _�"�"...`• .... . If the Funds hold by Lender exceed the amounte permittsd to be held by applicable law,Lender shall eccount to _
<br /> �,4; • � Barrower for the excess Funds in accordanee with tha roquirememta ai spplicable law. If the amount oi the Funds hold
<br /> :;;���;"� �� � by Landor at any time ia nat suftiaiont to pay th�Facrow Ibuma whan due�Lender may so notify Borrower in writln�, __.
<br /> � � ' and,in such c�se Barcower shall p�y to Lendor tho�mount noce�ry to make up the deticimcy. Borrower ahel! make
<br />� ...;..,�.,...�... iip tho detici�ncy in no more than twelvv monthly p;ymente,at Lender's sale discrotion.
<br /> � ' ' Upon payment in full of ell suma secureed by this Security lnatrument,I..ender ahall promptly rofund to Borcower _
<br /> •<. � � � • iny Funds held by L,ondor. If, undor paragraph 21, Lender ahsll acquire or sell the Propecty, Lender, prior to the e=
<br /> _ �- �cquisition or sale of the Property,ah�ll tpply�ny Funds held by I.ender at the time of acquisition or srle�s a credit "'
<br /> ;� ' ��ainst the sums secured by thie Security Inetrument. �.
<br /> _ 1 ' � 3. Applicstioa oi Paymanta. Unle�as applicable l�w pravides otherwise,�ll p�yments teceived by Lender under
<br /> p.�"' para�raphs 1 and 2 shAll be appliod:firat,to any pcepeyment char�os due under the Noto;second,to amounts peyable ��
<br /> � under paragcaph 2;third,ta intarest due;tourth,to principal due;and last,to any late charges duo under the Note.
<br />: � 4. Char�oo; Lione. Borcowesr shall pay all texes,agsessmrnts, cherees, fines and impc�sttions attributable to the �
<br /> , ' Property which may attain priority over thIa Security Inatrument, and leasehold payments or �round rents, if any.
<br /> Borrowcr shAll pay these oblig�tiona in tho menner provided in paragraph 2, or if not peid in that manner,Borrower
<br /> ehall pay tham on timo directly to the person owed payment.Borrower shsll promptly furnish to L,ender all notices of �
<br /> amounta to be paid undor thia parxgraph.If Borrower mik�s these payments directly,Borrower ahall promptly furnieh �__
<br /> to I.endar receiptsevidoncing thcpayments. E•`
<br /> Bnrrower shall promptly diacharge any lien which has pciority over this Security Instrument unless$orrower. (s) �
<br /> . agtas in writing to tha p�yment of the obligation secured by the lien in a manner acceptable to Lender;(b)contests in
<br /> - Yood faith tha lien by.or deiends aeainst enforcement of the litn in, legal proceedinEs which in tho l.ender's opinion �:a
<br /> .� . operato to prevent the enforcement of the lien;or (c)securrs from the holder of the lien an agreement satisfactory to
<br />�!r'��� . r� ' Lender eubordinatinQ the lien to this Socurity Instrument.If I.ender determines that any part of the Property is subject �
<br />' . tu a lien which may attain priority over this Security Instrument,I.endcr may give Borroaer a notice identifying the •
<br /> �� lidn.Borrower ehetl satisPy the lien or take ona or mor�of thg actions set forth abovr within 10 days of the�iving of
<br />�•µ� t ' noticc. "
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