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<br /> 7�QOBTHBA 1�N17'H all ths i�npror�m�nta noM or Mre�toer ereceed on tM ap+opKCy� and dt owen�r�► "
<br /> �ppurnp�noM.at�d ti=tucM iwn ar Iwn��ar�part od tM prop�rty.All replaoanend�nd ddltion rhtl da 1r aownd
<br /> bq tJ�6i�ourity Ier�trwn�a�All of t!w tarMoir�is ntarad to ia thi�Security lostrwn�nt a�th�"Proprty.'
<br /> BORAOWB�t 04V8NAl�l'S tb�t BorroM�r is bwfully sei�ed ot tbe atate h�c+�by oonvey�d ud t�r the ri�ht to
<br /> � - - �rat�t awi oonvey tiN Pe+ops�ty and tti�t�the Ptoperty is t�enaun►berad,e�oonpt for�naumixs�ww u4,:�c,��f. �r,�' -
<br /> wu�r�nts and xill d�t�nd/�rally the tlti�to tbe Pe+cpar4y�piast vl ol�ima ud demaadr�►wbj�at to aqy encumbtanoa
<br /> a[raoord. �
<br /> TH18 SECUPJTY INSTRUMB[VT oombins�unifam oovawnts for nationsl�e and non�miiorm oovawnn�►lth
<br /> Umited vui�ttoro by�I�diRtion w ooesdtute�oniform�ec�trlty in�vument covaeln�ew1 property.
<br /> s- UNYPOTtM C�VENANfB.Aorro�ver�nd I.e�Met'oc�venant and ajree�e follo��
<br /> l.Ry�neat qt Priaeip�t and Iatarest;Prep�yment aad Late C6ar�ea. Borro�x�hall promptly p�y Mhen due
<br /> ths pcinaip�f�t and intete4t on the debt evidenoed by the Note and�ny pebpayment u�d late ehu�e��r under the Note.
<br /> 2. Puada for Ta:e��ad Iasurance.Subjeot W applicable lax oc W a�rdtta►wdver by �BorroMer shall
<br /> p�y to l,ender on ths day tnonthly payments aro due under tt►e Nate.until tt►a Nate is paid in tu11,a sum("Funds")for.
<br /> (a)yro�rly tsxes�nd aseeeaments MhIch m�y attain prio�ity over thia Securtty Instrument as a lien on the Property; (b)
<br /> yarly laeehald p�ymente or�d rente on the PropertY�it anY;(c)Yarly hazud or prnpercY Insur+nce Promtumt;
<br /> (d�yarly ilaod�muanoe promiuma.it any;(ej yarly morc�a�e ineurana premiumo,it any;and(t)�ny sume payable
<br /> by BorroMx to Lander.in acoord�noe�ith tha provistone ot p�ra�nph 8,in lieu oi the p�yment of mortpQe inauranoe
<br /> premiume.l't►eee items ue plled"Hscrow Items."Londer may,at any time�oollect and hold Funda in an amount not
<br /> to euxed the muimum amount a lender ior a iederally �lated mortp@e Iwn may roquire for BornoMer'8 acroW
<br /> wcount under the fabnl Ral Estate Settlement Procalune Act oi 1974 ae amended irom timo to time, 12 U.S.C.
<br /> Section 26Q1 rt sp. ('RBSPA"I��1as uwtha'laN that applies to the Funda sets a lmear amount.Ii eo,l.a�d�r msy,
<br /> •t any tlme.oollect snd hold Funds in an imount not to exceed the leaeer amount.Lender may atimate the amount of
<br /> ___ Funde due on the bisia ot aurront dau�nd ro�onaWo aKim:tes of eupend�tura ot foture FaaroM Iteme or other�rlee io —
<br /> - �ococdanoe Mith applicable law.
<br /> The Funds shall be held in�n insdtution ahose deposlte are insured by s federal a�ency�inatrumenW ity.or entity
<br />_• (inaludin�L.ender,if Lendec ia such an inetitution)or in any Fodenl Home Lo�n B�nk.Lender shsl!� y the Punds to
<br /> _ — pay the F�croN Iteme.Lender msy not char�e Bornoaer for holdin�and applyin� the Fwids. annwl��n�lyzing the
<br /> ';`t, escrow account,or vediyin�the I�scinw Iume,unleas Lendor p�ya Borrower intec+est on tha Funds and applicabla laM
<br /> ' �ermits Lender to make such a char�e. However, Lanckr may cequiro Borroaer to pay a oao"tltne chuEo for an
<br /> `'�"�, �ndependent ceal estate tax reportin�sorvice uead by Lemder in connxtion with thie Iwn,unleas applic�We law provides
<br /> -�=` othenviee.Unlees an a�reemont is made or app1�c�ble law requites�ntercst to be p�id,Lender shall not be required to
<br /> ��-` pay Botrower any intesrost or esrnin�e on the Funds.Botrower and L�nder may a�ree in writin�,however,that inurest
<br />— shall be paid on the Funds.Lender ah�ll give to Borrower,without ch�rge,an annual accountiag of the Funds,ehowing
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<br /> crodtte and debits to the Funds and the pwpoee for which ach debit to the Funds was made.'I'he Funda�ro pledQed�e
<br />•-� '� - , s' , addittanal�cursLy for sl!�ums�carsd by this Ssc�ty Insttument.
<br /> � .� . If the Funds held by Lender excad tha smaunts permitted to be held by applicable lrw, Lender shall account to
<br /> ��� Borrower tor the excese Funds in accordance with the requirements of epplicable law.It the amount ot the Funda held
<br /> . ''t�`'��,,�.�t.;;., •,�.
<br /> ���•2�, b y L e n d e r a t a n y t i m e i e n o t s u i f i c i e n t t o p a y t h e&c row Ite ms w hen due,Lender ma y so notif y Borrawa in writin�,
<br /> �y�f�}„ and,in such case Borrower shall pay to Lender the amount necessary to malc�up the deticiency.Borrower shall make
<br /> ��:,'�*:►•``;:'�:"'�° y payments,at Lender s sole discrotion.
<br /> ��. ; ; , ,,,, up the deticiency in no mora than twelve monthl
<br /> �f�'�•� •���KS�-'+�:��"' Upon payment in full of all sums secured by this Security Inatrument,l.ender shall promptly refund to Borrower
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<br /> �;;.��,._z�..�.:.. , any Funda held by I.ender. If. under paragraph 21, Lender shall acquirtl or setl the Property, LenJCr, prior to the �-_T
<br /> .�':ti,�..
<br /> w���.. acquieition or sale of the Property,shall apply any Funds held by I.ender at the time of acquisition or sale as a credit ��`
<br /> ���.:��� a�ainst the sums securad by this Security Instrument.
<br /> _t: • • 3. Application of Payments. Unless applicable law provid�otherwise,all paymenta rceeived by Lender under �_
<br /> � ° paragrapha 1 snd 2 shall be applied: 4icst,to any prepayment charges due under the Note;second,to amounts paysble __
<br /> , ' under p�ragraph 2;third,ta inurest due;fourth,to principal duc;and last,to any lato charges due under the Note. a __
<br /> � 4. CharYes; Liens. Borrower shall pay all texes,assessments,charges, fines and impositiona attributable to the
<br /> ' � '" "" Pro rt which me attain riorit over this Securit Instrument,and leasehold ments or round rents, if an . `-�°"
<br /> P� � Y P Y Y f�Y 8 Y �._
<br /> ' Borrower shall pay these obligations in the manner provided in paragcaph 2,or if not paid in that manner, Borrower ���_
<br /> .. shall pay them on ttm�directly to the person owed payment.$orrower shall promptly furnish to Lender a11 notices of -
<br /> amounts to be paid under this paragraph.If Borcower makes these payments directly.Borrower shall promptly furnish �'`�`
<br /> to L.end�r roceipts evidencing the payments. `,:
<br /> - � Borrower shall promptly dir,charge any lien which has priority over this Security Instrument unless Borrower. (e) j:;+:
<br /> � aQras in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender; (b)cnntests ia �'`�
<br /> �'��'T... �ood faith the lien by,or detends against enforcement of the lien in, legal proceedings which in the Lender's opinion ���,�
<br />_ - �,;;�•�.� operate to prevent the enforcoment of the lien;or(c)secures from the holder of the lien an agreement satisfactory to '
<br /> i at-''i' Lender subordinatinQ the lien to this Security Instr►�ment.If l.ender determines that 9ny part of the Property is subject �'''''
<br />_ � � to e lien which may attain priority over this Security Instrument,Lender may give Borrower a notice identifying the '
<br /> lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days of the giving of ,,.; ;
<br /> . � natice. .
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