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<br /> �� i�oQrEr�IFx Wffflr au we impnnv�ots no+r ar be�+aA�a erec�ed oa me propacy,ana alt�ea�s,���y��"!�
<br /> ��tut�4 ame as,.6aaftei�yut o�We proptrtY• Aq npl�a� �W �ddiAdor�s,.atpll atso be coveted by WIt:Sea�igr .
<br /> Imtrument.All of the foregoin6 is nfared w in this 5avritY Iast�uc�t ar the:Pl+upercx•" ,, .
<br /> BORROYVER COYENANTS tif�t Bonvwer is fa�vfaliy seised of tUe estatc herdry conv�yed and bas the r�ght w gnnt aed ,
<br /> � oomey tb�ptiopaty aod tiuit.tlie pmpaty is u�.eaapt far�rmces of reoord. Borrosvu w�aats and will
<br /> �' defend gena�liy the�itte tQ ehe Psope�ty agaiast ail c1�ms and demxnds,subjxt tu any axuntb�ances of ra�o�d. < ,
<br /> ' .'�'HIS SgCtlRTI'1�INS71tUMENT combines aaiform covenants for aational use aad non-uniform eoveaants vuit6limited .
<br /> . variationc by jurisdiction W oo�utitate a iiniforin savriry instrument ooveri�real property+. � ' � .
<br /> • UI�IF4RM COVFNAM'�.Bortowrr and I,eoder cnY�ant a�agcoe at foltows: .. � .
<br /> .l.P�ywait oi P�iadpa[aed Ider�t: Pi'ePRlm�t an� L�te C1ur=es.Bor�wer s6a}I'Pro�Y P�Y wha�dae tLe ,
<br /> � principa!of and intcRSt on ttie debt evidenoad by.tbe Note and anY P�Y►nent�late charges dae wfder tl�e Nae� -
<br /> 2.Fioad�[or Tues aad Ias�teaace.Sub}ax m sipplicablc taw or to a written waiver by I.e�er,Borrower shall pay to •� .
<br /> I.endes on tl�dsy monthly payme�us are doe urder tLe Note,arai!the Note is paid in.fa}1,a sum("Funds"}for.(al Yeuiy taxes
<br /> �nd s�cscss�aus wtucb may attain prioriry over chis Sectlriry Iastrument as a lien on the Pcoperty:tb)Yearly leasehotd payn�eats.
<br /> or grau�d r�eents on the Property.if any;(c)Yearly ha7atd or prope�ty iasurance pTemiums:(�Yearly flood incardn�e per.�uas.
<br /> ��Y:�e)Y�Y��5�i�Pre�ums.if any:acd{�any sums payable hy Sarrower w Leader.in acoardaroe with
<br /> the pmvisions of puagraph 8;�in lieu of the payment of mortgage insuranre premiwns.These items are catled'Esccow Items."
<br /> � Le�er may.at aery tune,collect and hotd Fands in azc amannt�t to.exteed the maximum ar�ount a tender fo'r a fedeTally
<br /> idazod martgage loan may reQuue for Botrawer`.s escrow xcaunt under the federal Real Estate Setttement Procedu�es Act of .
<br /> 1974 as ataeaded from dme to time, I2 U.S.C. Saxion 2601 et seQ.("RFSPA"),anless afiother law that,appues w We Funds
<br /> sets a lesser amamt. If so. I.eider may.�at any time,cnllect and hold Fur�ds in an aaiount not to exceed the lesser amount. � �
<br />' Lender may�'t6e amount of Fnnds dua on the 6asis oi cunent data aaet reasonable estimates of expendituns of fuwre _
<br /> Fscmw hem�s or ott�xwise in xootdance with appl4c�Me law.
<br /> The Fnrids shall be heki ia an iqstitation whose deposiu are irtsvred,try a fodesal agency, instnimentality. or eMity
<br /> (inctuding l�ender,if Lender is'such an institurion)or in ar►y Federal Home L�n Ban1:.Lender shall apply tt�e Funds to pay the
<br /> Escmw Items.I.ender may not c'harge Bomower for holding and apptying the Funds,annually analyzing the escrow account,or
<br /> � verifying the Escrow Items.unless L.ender p��s Bormwer interest on the Funds and applicable taw pe¢�s Ixnder ta malce such
<br /> a charga. However.Ixnder ma�tequire Baca�v�er to pay a one-time ch.uge for an indepeade�t rea!esate tax reportiag scrvice
<br /> used fiy Ler�der in connection a�ith this foaa. untess applica6le lav�r provides othcrv�se. Unless an agreetnent is made or
<br /> appE�able law requires interest to be paid.I.ender shall not be required to pay Borrower any interesc or camings an t�e Funds. `
<br /> Boiiower and Lendcr may a�gree`in writing.however.that interest shall be paid on We Funds.L.ender shal!give to Borrower.
<br /> witiioat charge.an anqual accoun6ng of the fiwids. showing credits and debits to the Funds and the purpase far which each
<br /> debit to the Funds was m�de.'f�Funds are pledged as additional security for�11 sums sec,ured by this Sectuiry 1nSuvment.
<br />� � Lf the Funds Ixld by l.eada��xceod the arnounts permitted to be held by applica66e taw.Lender shall accautn zo Borrower _
<br /> for the exc.ess Funds�in accord�i�with the requirements of applicable law.I�the amo�sent of the Funds heid by L,eaider at any
<br /> , time is not suffuient to pay the Escraw Items when dne,Lender may so notify Borrowe�in writing,and,in such rau Borrower
<br /> shall pay to Lender the�mmount necessacy��r'ake up the deficiency.Borinwer shail make up she deficiency in no more thaa. —
<br /> � t+��ve aanthly payme�rts,at I.ender's sote d�s:reiton. ' � -
<br /> :Upon payment in full of ali sums secured by this Se�uriry tns�c��►t. Lender shall prompdy refund to Botrower any ' --
<br /> . F`ian�s i�eld by I.ender.If.unGr�paragraph 21.Lender shal!acquire or se:€the Property.Lender,priar to the acquisition or sale
<br /> of tfis Property,sha11 apply any Funds held by Lender at thr time of ac�sition or sale as a credit against the sums secvred by :
<br /> this Security IrsT��ment. -
<br /> 3.•Applicslt�ar ot Pay�enis.Unless applicable law provides otherR:se,all payments neceived by Lender under paragraphs ^�
<br />': 1 and 2 shall be applied:fi�s¢,�a,any prepayment char$es due under the Note; second,ta amounts payabte under pazagraph 2: =
<br /> third,to intcrest due:fourth.sa'�rincipal due;and last,ta any fate charges due under the Note. . _
<br /> 4.Chnrges;I.iens.Borro�'�ver shall pay all taxes,acsessments.charges, fines and impositians attributable to the Propeity '
<br /> which may attain priority over this Secutit5r t�struir�ent.and leasehold�aayments or ground rents. if any. Borrower shalt pay -
<br /> these obiigations in the manner provided in pxragraph 2,or if not paid icx o:at manner.Borrowcr shall.pay them on time direct{y °
<br /> to u�e person owed payment.Borrawer shali promptly fumish to Lendes a:l notices of amounts ta be paid under this paragraph. `
<br /> If Bansrower makes these payments directly.Borrower shall�romptly f�rr.ish to Lender rzceipts evidencing the payments. �
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<br />' �$orrower shall prompdy diseharge any lien which has priarity o•��ir is Security�7strument untess Borrowec:fa)agrees in
<br /> writing to thc p2yment of the obligation secured by the lien in a matr.�c.:.�ptable to I.ender:fb)contests in good faith the lien =
<br /> by, or defends �„ainst enforcement af the lien in, legal proceedir,:it,i.h in the txndcr's opinion operate ta prevent the =-
<br /> � enfcmement o€the lien;or(c1�res from the holder of L�s lien�an a�r;,:nent satisfactary to Lender subordinating the lien,to" -
<br /> � � this Seeurity Instrumer►t. If Ug:a.':�r determines that any p.•:7r af the Property is subject to a lien which may attain pdority over
<br /> this 5avriry Instrument,Ler�D�i^ay give Barrowcr a ncr;y:identify7r.g the lien.Borrower shall satisfy the lien or take one or ;;.
<br /> more of the actiaas set forth above with3� t0�ays of the giv�ng af noti�. , _
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