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<br /> � 1RiUW11d1�All Of(110�OfCQ0�11� IiE�lff�Cd t0�Il(h�f$OCll�ty ItIStr1lrtlGll iY(f1C�PIbQPl1Y� ,�
<br /> eoRROwBIe covE(vANTS�hot B«rower is mwruuy sei�oa or�ho cst�te hcrc�►y coovoyoa ana na the�nt�o�am `�
<br /> � md 000v�y Ibo Pirop�ty md�h�t Ibe Prnpaty l�wra�cumlainw and dc�m�ids,wibjoct�lo��iy a�cwnb��of rocad. u�
<br /> wiU dctend Qu�erally the d11c w ihe Prope+ty�nin
<br /> � TFRS SHCURITY IIVS7RUMFNT oombind w�ifarm cavenonu far nado�rl ueo rnd non-w�form cove+watc wilh
<br /> ' Wnited variAdom by juri�dlction to oonstlwta a unitarm�ocurity lnctnunent covufn�real property.
<br /> � UMFORM COVBNAN'1'S.Bartowc and Let�der covenant and ag�eo as foUows:
<br /> � l. P�ymeat o�PrioclpW ood loterati�Pa!'�eat�od Ule CharRa. Banowar fhall pnomP�Y P�Y when duo Iho
<br /> I princi{ml of wwl intaest an the debt evidra�cod by tho Nda and eny prc�paymer�t and I�ta clwracs duo unda the Nda
<br /> • 2. Fuad�for Tua aad Iocuraoce. Subjoct toappIicAbb I�w ar b o w�lticn waivu by l.endtr�Borrowa stwU p�y
<br /> � ' w Lender on Iha day m�onthl9 PBY�Is a�due undci Il�c Nota�until tha Note it paid in fuU.�sum("Funds")for.(a)Y�Y
<br /> taxa and asv�ne�nls which may wtain pdodty ova thia Soc�rity Instrument ao a Ucn on Ihe Pm�ertY:(b) early k�cbold
<br /> � paymcnla or�ow�d rcri�s an Iha Propexty. if any� (c) Yearly fia�ard or propaty insuranco Pn�ni��d) Y�'Ywer w
<br /> � insu�u�ce piemiwns, if any: (o) Year�Y mortgage in.4uranca Prcmiwne.U any:and(�aey �uns P�Y bY Hano
<br /> { L,ender.ln acxadance wi�h the povisbas of p�a�aph 8.in Iku of Iha paym�t of m�BaBc�P���°
<br /> Iitans are called"Fsa�ow It�ems.'l.ender may.u any wne.collect and hold Fw�ds in an amount not w axoeod�ha m�wcimum
<br /> i �unount a lra�da fa a faleraUy rdatai morlgage ban may require for B�xrowu's esaow�000unt w�dex d�e fedual Real ..
<br /> Est� SeplernaN Pnxodures Act of 1974 av arnended iram 1Lne w taae. 1'L U.S.C. 2601 u uq.("�PA"). unless
<br /> e
<br /> a�allrer law �t applies w Ihe Funds scts a ksstx amounl.li so.l�ler mey.at any timc.col3att and hoW Fund�in m ,:
<br /> i arnow�t na to ear,�d�he less�r arnaun�.l.eY+�r may es�imate Ihe artaunt oi Funds due on tha b�is of cument daw and
<br /> � t�lsot0�bk esiim&IAS Of ex�c:T.diWJeS Of Y17UUC FsCIOW 1{emS Or OthelwisC in A�fdBriCC w11fi appl�Ciib1C IAw. � ''�'� :
<br /> 7'i�Furul� shall be had In an lnstiwlion whose t]�QS6is are insured by a federal aBency. insaument�i�y,or en�ry � � . ,
<br /> (including l.ent3�r,i!l.ender is such an�r►siitauior�)or In any Federal Home Lo�n Bank.l.ender st�ai�apply the Fun��n 1�Y
<br /> ��� the Escrow �araro�.l.endcr may not charge norrawer for holiling ar+�i s�plying U►e Funds.an�aaily analyaing 1he esa'ow • ,
<br /> accouni, or vrr'�T�ng Ihe Escxow It�ans.unk� Letukr pays Homow•er interest on Ihe Fw�ds a�d applir,�ble law permits
<br /> ; i.ender to make such e chargc.Howcvci�l.r�uler may require Borrowcr w pay a a�e•timc charge fur an indepe+ident real .
<br /> �I es�te�reporUng ssavice wed by l.e�der in connoctlon wi�l►�his loan.unkss Applkabb taw provides aherwise.Unless an .
<br /> ;, ' �t iv made or a}�plicablc law requires intere,st W be paid�l�erider shall not bs raquired�o pa Bormwer any interest
<br /> �� or aunings a+ Ihe Funds. Bonowa and L.ender may+�oe in writing�however.that inu�est�be paid on 1ho Funds.
<br /> � L,cr�dc;r�hal!givc w Horrowcr,wiUwut chargc,an annual axoueting of tha Funds,stwwing crodils and debi�s w�he Funds
<br /> � � 8sld tMs tor which each debit 10 Itw Funds waa ewde.'Iiie Fw�d�ero plodgod e�nddfljonel sacurity ior all�um�
<br /> � socwod b�Security InetrumeoG
<br /> �'� If Iho Fw�ds held by Lender axcet�d 1he amou�ta pcmiil�ed W bc hcld b epplicablc law. l.ender slw0 �unt W
<br /> ed
<br /> �, Borrower far�he aacess Funds in aceordance wl�h�t�e rcquircmcn�of applicab 4►w.lf 1he Anwunt of 1ha Fund9 heW by
<br /> + �.enaer�u any�rr�o�na s�rr�ctem apay�he Escrow I�na when duc.l.ender may so nollfy Borrowcr in wriUng.and�in
<br /> � sucn case Horrowcr shal� pay �n Landcr UK,ar�wunt noccssarr �o meko up �hc dcficicncy. 6«rowcr.hau moke up tho
<br /> deficiency in no more tl�n twelve monthlY paYmcn�s.�t Lciide,r'a 5°b discrellon.
<br /> Upon paYment in fuU of all sums sccurod by�his Socurity Inswmc�t,L.endcr slwll qomptlY tcfund to Bartowcr any
<br /> � Fwids hcld by l.endcr.If.undcr paragruph 21.L.cndcr shull acyuirc or�cll�hc Property.lcndcr.prfor w Iha acquisi�lon or
<br /> � , saie or�no�ro�ny.shall apply eny Funds hcld by Lcndar w�hc timc of acyuisition or culc as a crodlt�ain�t�ha:unw
<br /> socurod by th[a Sccurity Inswmce�
<br /> � 3. Applk�tioa ot PAymeats. Unlcss applicablo law providcs oU�wisc. all paymcnts rooclvod by l.cndcr unda
<br /> ' paregraphs 1 end 2 shall bc appliat:tirst,w anY PrcPaYment chargcs duc undcr the Notet socond�w amoun4s payable w�dcr
<br /> , ; paragraph 2:U�ird,w intcrest dua:founh,to princlpal dua;and last,w any latc chargcs duc undcr�ho Nota.
<br /> 4. C6t�rge�si Lieos. Bormwer shall pay ali taxes, acsessments, chargos, Rnes end impositione atlrlbulable w �he
<br /> �; which may auafn priority aver this Socurity Inswment,end�hOld paymaits or ground renls.Uany.Bomowa
<br /> � �y these otiNgatfons in the manner provWed in puegreph 2,or if not paid in Uiat menner,Bomowu shaU p�y�em a+
<br /> � � �lrne dlrecUy a�he person owed paymcnG Borrowcr shall prompdy furnish a t.ender ull no�s of amoun�s a be p�d
<br /> i under this paragra{►h. If Borrowex rtwkes these paymenls dirocUy, Borrower shall prompUy fumish w Lender �eceipts
<br /> • � evidc,�cing Uic paymcnts.
<br /> : Borrower shall prompUy discharge any licn which has priority aver this Socurity Inswmcnt unless Borrower:�a)agras
<br /> � i in wridng w Ihe payme,�t of ihc obliga�ion socurod by ihc lien in a manncr acrcptnblc to Lender:(b)contcsts in good fai�h
<br /> the Ikn by.or dct'ends eBainst enforcement of Ihe lien in. IaBal pr0000dings which in�he Lender's opinbn opera�e w
<br /> j. prevent the enfonceanent of the Uar. or (c) sccures from �hc holdor of 1hc licn an agrocment sadsfactory w l�e+der
<br /> � � subordL�aUng Ihe Ilen 10 this Socurity Insirumen4 If Lender deu.rmines Ihut any part of the Property is subject w a lien
<br /> which may aUaln priority over this Socuri�y Instrumcnt,l.cndcr muy givo Borrowcr a noucc idenufying Ihe Iicti.Borrower
<br /> �� shall saUsfy the lien or talce onc or morc of�he acUons set forth above within lU dnys of ihc giving of notice.
<br /> �, S. Hazprd or Property InsurAnee. Borrowcr shall keep�he improvements now exisdng or hereafter erocled nn �he
<br /> F;: propeny insured against loss by fire,harards inclu�ied within the temi"catended coverage"end any Wher hazards,including
<br /> :� tloods or tloaiing, for which l.ender requires insurance. This insurunce ::hall be mainminecl in the amounls and
<br /> ITEY tO16L�(YtW) Furw J02Y 9J90 (pote 2 oJb poje�)
<br /> • Wwl uYM�wwM faer.lne
<br /> � �e aa�r,.a ��oo uo•wa r�x�u•»�•no�
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