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<br /> .`�� TO(3ETHER WITH all IM: improvcmcnGv nc�w on c�rcufter emtcd un the pmpeny.and all cA�emcmv,�ppunena�xcx,
<br /> �'� � u�d fixlurcs naw or hereafter r parl�f ihe pn�eny. All replacemen�x and additiona�I�.�11�Ica be rovened by Ihir SecuN�y
<br /> Inwrument. All of�he Coregoin�is rcPcrrcd to in�hi+�S��cu�ity incuumcnt�►s�he"Rq�c„y•�'
<br /> B�RROWER CUVENANTS�hut Ncxrowc�is Is�wfully rrised af�he cato��e hereby cunvcycd a�xi hu�!he�iBht�o�rnnt
<br /> �'';' ai°: ' ���y�y���y��hAt 1he pioperly Ir unrncum�+ercd,e!ccept fur rncumhrance.uf reconl. s�rniwcr warranls wW �
<br /> will detend generaliy 1hG title lo the Pnopeny og�insl WI cla�mr�nd�kmw�d.�.subject to�ny encumbrw�ces of reronl.
<br /> .`� ����,� THIS SECURITY 1I3S7'RUMFNT �umbines unifarm covennntr f�x nationul use wKf non-uniform coveno�Na wilh �
<br /> ''� � limlted variations by jurisdiction to cans�iwte a uniform secudty instrument covering reAI propettY•
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<br /> 4 ' �� UNIFORM COVENANTS. Bc►rrawer nnd Lende�coveiwnt and agrce us fullowa: � P y�y
<br /> �� ''t�:� l. Paymenl at Pri�cipwl nud�aterest;Prep�YmeM�nd Late Cb�es. �orrower shull m U when duc�he _s ,.-
<br /> —=��:�r-s princi af and interest on thc debt evidenced by the Nae and any prep�Yment and late charges duc under thc Natc. —
<br /> - ^�"'���'�•� �F�uuuda�ar'Iy�xes aad lasnrance. Subjee:t ta upplicable Inw or to a written waive�by Lender.Bortowcr.rhall pay ta
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<br /> ��rs. ��r��dyy monlhly payments arc due under�he Nate,umii the Nota is p�id in full,u+um l"Funds') i'or.(u)year y `
<br /> .-' taxes und Assessmenta which may attuin p�iarily over thic Securily Insuument�s a lien on the Propeny:(bl yearly le�cehold �;4.,_
<br /> ��,..:� insurunce ium�:: Idl early tlood _
<br /> `.�°`^-�--.� PaY�m: or ground rents on the Property. if su�y; lcl Yeuly ha7nrd or PropenY u P� —
<br /> �,�+ :� insurance prcmiums. if any: (e) yearly mortgage in�uronce pmmiums, if uny: and lfl �ny �ums payoble by orrower w �-
<br /> :��:��':—'.--' • Lender.in accordtuxe wi�h the provisionx of pamgraPh 8.in lieu af the payment of m�ngage in+:urance premium�+. These �_.
<br /> �- "�h' ���n�'�. . items r+rc called"Escrow Items." Lender muy.at any time,callect and hold Funds in an s�maunt not to exceed�he maximum ���
<br /> -- _=-��.4«r=�-:.� amount a lender for a federally related mongage loan may require for Borrower�s escrow account under the federol Real
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<br /> �r Estate Senlement Procedures Act of 1974 as amended from lime to time.12 U.S.C.�2601 e�srq.("RESPA"),unless unoU�cr ��--=-
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<br /> ���`-_'� ' luw that Applies to Ihe Funds r+ets a lesser amount. If so.Lendcr may,at any time,collect smd hold Funds in un amount not to
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<br /> • ; ,,,,;, eaceed �tie lesser amounl. Lender �rwy estimate�hc amount of Funds due on thc bs�sia of current Ja�a and reasonablc
<br /> :°° �� � "'':� ' estimsUes of expenditures of fuwre Escmw Items or otherwise in accordpnce with applicAble law. =
<br /> .:x� '� • '"" The Funds shall be held in en institution whose deposits arn insured by a fedem! ugency. instrumentality. or entity
<br /> •��� �.-- (including Lender.if I.ender is such un insti�utioN or in any Federol Home Loan Bunk. Lender shall apply the Funds to pay �
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<br /> 's • � �'�� the Escmw Items. Lender may not charge Borrower For holding and applying 1he Fur�ds, nnnually analyzing�he escrow _
<br />`:'..�.;�.�` " �1� account,or verifying the Escrow Items. unless Lender pays Barrower interest on the Funds and applicable luw pe�mits �:�..
<br /> ��T � ' Lender to make such a charge. However.Lender ms�y require Borrower[a pay a one-time churge for an independent res►I
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<br />-;�_ 4�:�;`° �'. ., estate tau reporting service used by Lender in connection wi�h this loan,unless upplicable law providex athetwise. Unless an ;�_
<br /> ..���: . ; , agreement is made ar ap}+licable law requircs interest to be paid,Lender shall nat be required to pay Borrower any interest or
<br /> n;,; �• � ;:; eamings on the Funds. Horrower and l.ender mny agree in writing,however,thAt imcrest shall be paid on�he Funds. Lender �.,,_-_
<br /> - ��"'�;;�:',;'i;�,�' shall give to 9orrower,without ch�rge.an annual accounting of the Funds.showing creditti nnd debits to the Funds und ihe �r:;._
<br /> ,'��,�,^�' r,;;,,';;;, purpose for which each debit to the Fw�ds was made. The Funds are pledged as additionul security for all sums secured by ��,:
<br /> _' ' �E..,' . •,. �.r�; . �his Securiiy lueLuoxnt. ° -°
<br /> � ,i� ��+4�••.,�,,,., I f����Is held by l.ender exceed the amounts permitted to be held by applicable luw. Lender shall account to „.___
<br /> �� �•y�`� Bormwer for the excess Funds in aecardance with the requirements of upplicable IAw. If�he amoum of tha Funds held by s;,.,_.
<br /> '� Lender at any lime is not suificient to pay the Escrow Items when due,Lender may so notify Borrower in wri�ing,and,in ��K._
<br /> �; `� � 41 . .,r .••; • such cesc Borrower shall pay to Lender the umount necessary to make up the deficiency. Bomnwer shull make up the �
<br /> �*'•-- deficiency in no more thnn�welve moMhly pnymems,at Lender�sale discr+enon. --
<br />� � tt �,. ° Upon payment in full of rill sums secured by this Securiry Inswment,Lender shall promptly refund to Borcower ony r-__�
<br /> � � Funds held by Lender. If, under paragmph 21,Lender chull acquire or sell the Property.l.ender,prior to the ucquisition or r;;•..
<br /> . , �.��_ ' � snle of the Property. sh�ll npply any Funds held by Lende�a1 the time of ncyuisition or sale as a credit against the sums ':,P:
<br /> ' secured by this Security InswmerN. '�''`
<br /> � � � „,� . � 3. Applicatlon of PAyments. Unless applicuble luw provides otherwise, all paymente rcceived by Lender under
<br /> , paragropha I ond 2�hull be npplied: iirst,to any prepayment charges due under the Note;second,ro amounts puyuble under
<br /> � , � paragraph 2;third,to interest due;founh,to principal due:ond lust,to any late chnrges due under the Note. �
<br /> '�'•�,„ 4. Charges; Liena. Burrower shnll pay all taxes,uxse�sments, charges, fines und impnsitions ott�ibutuble to �he �:_.
<br /> ,.'. ,,��,,.,,.,, , .• property which may�uain priority over this Securiry Instrument,und len+ehold payments or ground nents,if any. Borrower �__
<br /> _ ,•�, shall pay these abligalions In thc munner provided in parogruph 2.or if not pnid in thot manner,Borrowcr shali pay�hem on �,;
<br /> �,:"';;• ��^�.:�•,, time directly to the person owed payment. 8orrower shall prompHy fumish�o Lender all notices of amoums to be paid under _.
<br />�,1�'� •���'':,, this parugrnph. If Borrower makes these paymentx direcNy. Borrower shull promptly furnish to Lender receipts evidencing _-
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<br /> .�..'r .... ,..,••�,;:c=:�ti � the payments.
<br /> '. 4�,� ��`�':. � Burrower shall promptly dixharge uny licn which b�+s priority over this Sewriry Insuument unless Bonawer:(ul agrees
<br /> .�. •f�'���,,�n �. in writin to the payment of the obligntion secured by thc lien in u munner acccptable to Lender,(bl contes�s in�ood Fnith the �_,
<br /> "� * ts• lien b or defends ugninst enforcement of the Ilen�n,legal pra:eeding�which in the Lender�apinion operate to prevent the �••
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<br /> q„��:�.���''.;�ys•��•:�,��:' � enforcement of the lien;or(c)secures from the halder of tM: lien a�agreement sutisfuctory to Lender subordinating the lien
<br /> ;;,������ to this Securiry Instrument. ff Lender determines thai any purl ot'the Property i,subject to u lien which muy uttain priurity
<br /> • .s:r"r: '� � ° over this Securit Instrument,Lender may give Borrower a notice identifying the lien. Barower shall satisfy the lien or take �'_,-
<br /> �!4�+.?'� .. .' '' ' one ur mo�e of tl,e actions set fonh nbove within 10 days of Ihe giving of notice. '-'`='
<br /> 1 t%%���' • . S. NAZard ar Property Iqsurance. Boirower sh�ll kcep the impmvements now exititing or hereufter erected on the _,
<br /> Property insured against loss by fire,hazurds included within the tertn"extend�d cover.►ge"and•rny other hornrds,including �W�
<br /> , , floods or flaading, for which Lender rcquires insurunce. Thi� in�urunce tihall be muimuinrJ in the •rmnunts nnd for the
<br /> FbrmJO?8 9/90 piuxr:njA�w�esl �.
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