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<br /> ---��:��� 7Y,M�6fHER WITH all�hc improvement�now ar hercaRer erectod an Ihc propeAY.+u�d all e�semrnls,nppuRCtw�h�
<br /> _�..� �flt,t�taw or hercaftcr a psrt of�he propc�ty. All rcplacements and�dditio�w�hall Wco be covar.d by Qda Securily
<br /> _�°—' InM�uqpSiM. All of Iho torc�ofn�is reterred ro in�his Secudty Insaument ai�he"PropcAy."
<br /> .i�"a�r`"� BARROWER C�OVENANTS dwt Borrower is lawfully seissd of�he cstate her�cby�ronveyed m�d Iws the ri�h�ro y�rant
<br /> �.•,,5, w�w�vey thGPrnp�Iy and�iwt tFw Prc�erly is unencumbered.eacept for encumbrances of recorri. Borrower w�rrpnt��nd
<br /> _;� ----=�--- r, wil��cRexkl rn�enliy ila titk w Ihe Property a�ainct all claims and demands.wbject to�ny encumbrances of rccord.
<br /> '.'���� � TINiS SF.t'IIRITY INS'fRUMEMT combines uniiorm covenw��s for natiorwl use w�d non•unifarm covens�nts with
<br /> - .. Iiaa�AtA varfuions by juricdiction to conuitute a uniform secu�iry inatrument covering rral p�oprrtY. L
<br /> � �. UNIFORM COVENAN7'S. Bortower and L.ende�covenant and agtee as iollowa:
<br /> _-�=- 1.. Payaieat at Princtpal and Interesh,Prepsyamat aad Late Char�a. Borrower ahall pramptlY p�Y wl�tn due ihc
<br /> -=;T�� ptinct of and interest on the debt evidenc�ed L+y the Nac w�d any prepnYment and�iue charges due under the Note,
<br /> � -- �F�pds tor 7tites aod Insuraaa. Subjact to applicable law or to a written waiver by Lender.Bormwer sb�11 PaY t°
<br /> ^>..,n�,±� Lcnd¢R on tha day mon�hlY P�Y�n��due under 1he Note.until the Note is paid in full,a sum("Fbnd.g") for:.(al yearly
<br /> - •ti,w�4 ���J;. �,uces�uxl u.+essmenta which may attain priority over this Secudry lnsirument ns a lien on�he Propeny;(b)yearly leoschold q__
<br /> ;�;_�:.�,.� • WYm�'�nts or ground rcnts on the Pr�perty. if any: (c1 Yearly hazard or property insurwrce premiums: Id) Yaarly tlaod
<br /> -����; i�w�nce pemiums, if any; (e) yeuly mo�tgoge insurance premiuma, if any: and (� any sums payable by BMmwer to
<br /> --- -�-- ---=�: L,cn�r,in acrnrdance with�he provisions of paraBraph 8.in lieu of the{z►yment of mongage Insuramce premlums. These _ .
<br /> -- -_��Y� ittm5+�►'G c�lled"8acrow Items" L.ender muy.at any time.collect and hold Funds in an amount not to exceed tM�imum
<br /> - en�nt.a lend..r for a federally rel�ted mortgage loan may require for Borrawer�s escrow uccount under the federa� Rcul
<br /> ��� F,�tal�p Setllztnent Procedures Act of 1974 as amended from time to time.12 U.S.C.$2601 et seq.("RESPA").unkxs enother
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<br /> "s''��.`'• law trtu Applies ro the Fvnd:sets a lesser amoun� lf so.Lender muy,at any Iime.collect and hold Funds in nn amQUnt�ot to
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<br /> ����ti;�?' eacevd 1ho lesser wnount. l.ender muy esdmate the amount of Funds due un the basis of curtent dsua e 61f
<br /> ---_'�'`` .. esti�4ates of expe�ditures of future Esemw ltems or othenvfse in accordance wlth applicabie law.
<br /> - �=�—'"�t�.. The Funds sfwll be held in an institution whose deposits are insured by a federal ogency.insaumenwl.itY. or entity
<br /> ..a„�,�+-�:���:" (iilcduding L.ender,if Lender is such an instituuon)or in any Federal Home Loan Bank. L.cndcr shall apply�he Funds to pay _
<br />-°a�i� �:�K , th3!L�scrow 11ems. Lender may not charge Bamwer ta holding and applying U�e FLnds, onnually.nnlyzirt�1he escmw
<br />- ���- .� uccpunt,or verifying Ihe Escrow Items, unless Lender pays Borrower interest on the Funds and applicable law permits
<br /> I,e�der u►make such a chvge. However.Lender may requir�Bortower to pay a one-time charge for un independent reul
<br /> �=����� , ' est�te tax reporting service used by I.ender in connection wilh this loan.unless applicable law provides aherwic:c. Unless an =_
<br /> ���` � ag�ement is madc or applicable law requires inter�est to be paid.Lender shall not be roquired to pay Borrowcr su�y interest or �^
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<br /> _,_ i e�r.niags on the Funds. Borrower and Lender muy agree in writing.however,that interest shall be paid on the Funds. L.ender
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<br /> __ � �, , sh�ll give to Borrower,without charge.an annuul accounting of the Funds,showing credi�s and debits to the,Funds and Ihe
<br /> --� K ��. pv,�pose for which each debit to the Funds was made. The Funds are pledged as a�Wftional security for aq sums secured by
<br /> _ . • --^._ , lhie Se�urily ta�lniment.
<br /> .��.�`�' �� � U the Fundc held by Lender exceed the amaunts pertnitled to be Neld by appUcabte law. Lender sinali wxuuut tu
<br /> _}z�..�;. Bortawer for the excess Funds in accordance with Ihe requirements of applicnble law. If the amount af the Fundg held by --
<br /> - - � ��,:;,; , Lender at any Hme is not sufticient to pay the Escrow ltems when due,Lender may so naify Bamower in wriling.and,in
<br /> �;;;;�'�'�.,�t.:..,;� �• smch clse Bomower shall pay ta I.ender the amount necessary to muke up the deficiency. Bamawer shall make up the
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<br /> �� d��cienc in no more than twelve monthl a ments,at I.ender's sole discretion.
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<br /> J Upon puymcnt in full of ell sums secured by this Security Instrument,Lender shall prompUy mfund to Barowcr+u�y
<br /> r?'�`_`����� � ' �� �` �unds held by Lender. If,under paragraph 21,Lender shall acquire or sell the Property,Lender,prior�o�t�a scquisitian or +�k:=,
<br /> "' �"�' '`��` ' sale of the Property.shell apply any Funds held by I.ender at U�e time of stcquisition or sale as a credit aguingt Ihe sums �'� -
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<br />:"".s. rt?�'-"' securcd by this Securiry Instrument. `�;�';
<br /> `�:� ;,: 3. Applicatbn oi Payments. Uniess applicable law provides otl►erwise, nll pnyments received by Lender under
<br /> � �""``.'" . pamgraphs 1 und 2 shaii be upplied:frst,to any prepayment charges due undcr the Note;second,to simounts payable under -��'
<br /> :..: �aragmph 2;third,to interest due;fourth,to principal due;end last,to uny late chorges due under the Note.
<br /> 4. Charges; Lfens. Bomower shall pay all tnxes, asscssments, charges, fines and impositions attributable to�he ,...
<br /> ,�'��, ;� :�� Property which may annin priority over this Securiry instrument,and leasehold payments or gmund rents.if any. Barrower ���,::
<br /> - shalf pay these obligalions in the manner provided in paragroph 2,or if nu[paid in that manner,Borrower shull pay them on �m
<br /> ':�n'`JS ��•'S'�' ume directly to the person owed payment. Borrower shall promptly fumish to Lender all notices of amounts to be paid under �1 q
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<br /> - � this parogrnph. If Borrower makes these paymentx direcQy,Bomower shull promptly i'umish to Ler�der receipts evidencing __
<br /> �--, � •, the payments.
<br /> ;�r";��!,,� �. ' � Borrower shAll promptly dischurge any lien which has prioriry over this Security Instrument unfess Bom�wer:(u1 agrces
<br /> !' ' in writing to the payment of the obligatian secured by the lien in a manner ncceptable to Lender,(b)contests in good fuith the ___.
<br /> yY�," '°�c�* lien b or defends a mnst enforcement of the lien in,legal proceedings which in the Lender's opinion opernce co prevent the _.--�
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<br /> � enforcement of the lien;or(c)secures from the holder of the lien an agrcement sutisfactory ta Lender subordin�ting the lien ----
<br /> - �'����`•;���' ta this Securit Insvument. If Lender determines tAnt an art of the Pro rt is sab'ect to u lien which ma altain riorit - -
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<br /> over Ihis Security Inxdvment,Lender mny give Borrower a notice identifying the lien. Borrower shall satisfy thc lien or take �
<br />�•:��,,:��•. one or more of the uctions set forth above within 10 dnys of the giving of notice. �
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<br />_ �, S. Hazard or Property Insurance. Borrower shall keep the improvements now exisiing or hereafter erected on the
<br /> Propeny insured aguinst loss by fire.hazards included within�hc term"eatended caverage"und any ather hazands,including ;
<br /> •,;;;;;.�� floods or 800ding. for which Lender requires insurance. This insurnnce shall be maintained in the nmounts and for the �
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