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<br /> � � �roGen�e wm�.0 t�imp�emaw no�►ar h�aRa a�ea on t�e,p�npaip.iod.n ea�e,menrs.�p�aec�. .
<br /> :,�aow or beie�fla a p�ct of the pcvp�cty. AI!n:pi�oeaieob and additiods eiaii atso be advcral,lry dns s�►
<br /> AU af t1�e faaaaina is nfe�tn in ttis Se�wit3►1a�uu1���•�P�Y�" `
<br /> ` Sf3ttRC3WER COVENAN't'S tlrat Bv�ower is!awlLlty seised of tha atate EiecebY coevsyed�nd hts We'dgbt w gmt
<br /> ` aod oonv�i tbc Property�od tl�t the PioQeny is�mencumbeced.exapt fa eac►unbcaaas of nio�d. 9artowa wan�ats�nd
<br /> �vill defend 6ena�lty tbe titk w the Propetty against�il rl�iau ald demaods.subject w mY a�au�+���0�
<br /> - 'iiflS SEC4JRIfY II�tS1R[?�4E�iT combines w�ifam covmints fat auioml use �ad non-uoifam covemits v�ith
<br /> Wnikd va�iuians by jarisdicdun w coostitate a unifo�sectuiry imm�ment covaiqg c�a1 pmpe+tY- .
<br /> IJNIPDRM roVEN1lNTS. BoRewer and Leodet covea�ot�nd agi+ee as foUows:
<br /> 1., hyae�t o[tri�eip�i a�d Ltesa�1'Rpq�aeut�d 1�L'� Ba�owa sHa11 pcompti9 PAY�d�ie t1x
<br /> ��[���n the�t evWeaced by the Note aod anY p�epaYm�nt�w�d 1au charg�s dae mder tbe Note.
<br /> FMMs toc'19uoes ad I�wra�t� SubJect t�aPPii�le law or to a v�men vinivec by Lenda,Hamwa sh�il pry to
<br /> Latder oc t6�`dsy moatNY WY�ts ae dae uader the Notc.wxil the Note is paid ia faU.a sum t"Fuods")far:(i)YartY
<br /> uues�ad�ssawneats wliicb may attau�priairy.ovet tbis Secu�ity Instn�meat as a liea on tbe Pm�paty:(b)YeutY lasedold
<br /> or reots oo'the Ptuperty,if any:(c)Yac1Y 6a��x p�P�y �w�PRmiun►s; (cA YpdY AOQd
<br /> W��4 �� � qdy matgage iffiu�ce pera►tiums.if aay:and(�anY s�s Pa3r�bte by Baroarer to
<br /> �asut�nce p�emiams. �nY:(C)Y t of moctga$e imsurance p��mi�.. '��
<br />= I.eoaer.in acco�dmce witb the pmvisioas of paragapb 8.in lieu af the.PaY� ,
<br /> i�ms�called"E.sccow Iums." Lea�der may.at aay time�colGxt 3od dold Fvods m aa amount not to exceed t6e mucimum
<br /> .. aca,,�au.ntp�a k'�tWet f�or�a��fye,d�e.�,,ltY t�eplau�d/matgage lo�may tequit+e foc Bo*rc*owet�s er�sc/r�ow aoco�/tpt�tm�dper the-•_f'eder�r�l�R�ye�al
<br /> �+lf��7Rl�u�u�iIUL�YIRGG7�V�1714'���d����i�12 Y.S.C.7!.V{/l u�.l M.v�l����{4L�YlR7YlGi,
<br />- — 1sN,diat applies w tbe wnas sas s tetser amount If sa Lender may.at any ume.cbUoct aod lata r�nds in an�t aoc to
<br /> — excxod sUe kss�r amaa�. l.ender may.estimate tbe awouat of Wnds dae on We basis of caRent data aad rasonabie --_
<br /> - ' ' espn�es of eacpeadiw�s of futace Escrow IWac or uttiecwise i�t accocda�e whh applicable{aw. � --
<br /> T6e iir�ds s6aii be deid in 9u iastimtioa wh3se dtposits a�e iesuned by a fednN agencY•insdumenta�jr.ar eatiry —
<br /> — — (Paciuding L�ender,if Laidec is such an instituaam)a in aay Ftderal Home l�an Bank. Lender si�ll apply the Fimds to pay , __--
<br /> tbe Eccmw Iums. i.ender may rat cituge Barrawer for 6olding and applying the Fvnds.amwlty aoaty�io8 16e escrow • �-__
<br /> accouut.or veriiying the.Escmw Ite�ns,unkss Lender�ays Romnwu intaGSt on tbe.Tunds and applicable law permits �;_
<br /> :� i.atdec to make such a charge. However,Leader may requice Botrower to pay a one-dme.cl�aBe fa an iadepeedent Ral
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<br /> �' ,� . estate tax cepocttnS servia used by[.ender in conaection_arith tivs loaa,untess appticabte law provides ai�wise. Unless an _,:-
<br /> agoeeaxnt is made or app6cable law requues intecest to be paid,l.ender sUall aot 6e c�equind to pay B«rower aay intesest or ;•ti�.-
<br /> '� ,J„�..� eaz�uags on the Funds. Bamwer and Lender may agnee in wntmg,haweyer,tLat inte�est shall 6e paid on tbe Fvnds. L�ender :;�.;�
<br /> '�.;�r strall give w Botmwer.witlwur charge.an annual accounting of the Funds.shoaring credits and debiu to the Funds�d the
<br /> =L"•"�;`�'�:•�- putpose fa which exh debit to the Fands was made. 1i�e I�nds are pled8ed as addiuonal securiry for all sums secund by
<br /> this Secu�iry Instcumen� ��: .
<br /> if tLe Funds held by Lender exceed the amawnts permiued to be held by applicable law,Lender shaU accoant to �`:ti
<br /> Borrowet for the excess Funds in uccocdance witb B►e ceguin�nents af applicabte law. If the amount of the Funds held by
<br /> •l.ender at any time is aot sufficient to pay the Escrow[tems when due,Lender may so notify Bocrnwer in writing.and,in �";
<br /> � �� ,,� sucb case Barower shail pay to L.ender the amouat na:essazy w maice up the deficiency. Boaawer s6atF inake up tLe �.'-'�
<br /> '������``' deficiency in nn mane thaa tweive montWY PaYments.at Lender's sote discre6on. -�
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<br /> .;'''".`� '�';� " tJPoa FaYment in full of all sums secured by this Security Instnunent.Lender shall pmmptiy rcfuad to Borrowet any ,;�:
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<br /> ' ` '"'"�� �'���r'f punds l�id b Lender. If,under paragraph 2l,Leuder shall acquire or sell the Property.Lender.prior to-cEn:�quisition or .
<br /> �;,w -�-_�.�. �. y 8 a " Y•� •
<br /> � �--°•`:-� ''�' "•�.5 '"' sha11 a 1 an Furtds held 6 Lender at the time of acquisition or sale as a credEt a��:rst the sums . ,
<br /> �.,� <.;,•.;,�.•.;��;�.� sale of t1x P�perty, PP Y Y Y �:
<br /> `�`��-- r-• •.::%`'e�" secured Dy this Securiry Instrument
<br /> "� "�,.� , '' 3. Application of Payments. Untess applicable law pro��tdes otherwise. all payaients received�y L.endee under
<br /> - �.*� . ' pa�agraphs 1 and 2 shaU be applie�fi�st,ta anY PrePaYment�harge'due under the Note;second,�s amaaats payable under
<br />- • �#a:�� paiaagrapb 2:third.w interest due;fourth,to principai due:and tast.vr�,y tate charges due underdnz'.'tr:;� _ -
<br /> P -'-*ms aun'butable to the
<br /> s :t�.t�:'•:,� , ..,;�. . 0. (.'baraes:lJens. Bormwer shall pay all taxes,assessmei�u.charges. fines and impb�... u _ .
<br /> � f . ��_.;: ��.. property wtnch may attain prioriry over this Security Insuumeat,and leasehold.payments or ground rem�,�i5 any. Barrower ,
<br /> 'rT. , '�3 J��.' .-� etwtt pay u,ex obbgarionc in the a�anner provided in paragaph 2.or if not paid'ns that manner.Borrower�1i��ay them on
<br /> `=:'`'`•`� '•'°' time direcdy ta the person owed payment. Bo�rower shail pmmp[l�f�unish to Lender all notices of amounts:�tae pazd unckr � ,
<br /> ""��y's''�" If Bo�rower makes these a enu directly,Borrower shall prompdy fumish to Lender receipts evidencing •�
<br /> • ����.;��i;�... this ParrBtaPh• P 9►n .
<br /> .�";;s;s�.;::',- �WYments. . �
<br /> '`�' Bomuwer shall prompt►y dis�harge any lie�a��has priority over this Security Inswment unless Borrower:(a)agrees �
<br />' '�'`°° >� in writing to the payment of the obligauon secure�bg rl:e IKn m a manncr acceptable to l.ender;(b)contests in gaad faith the
<br /> �� lien by.or defends against enforcement of the lien ai:�egal praceedings which in the Lender's.opinian operata to prevent the
<br /> - ----v� �°�. enforce�t of the lien;or(c)secures from the holder of thc tien an agreemeat sarisfactory to Lender subordinapng the llen .
<br /> . to this Socuciry Instrume�u. lf l.ender determines that any part of the Property is subject to a tien which may attain priority • :
<br /> z- ! • over this Securiry Instrument,I.ender may give Baruwer a notue identifyinp the 1icn. Borrower shall saasfy the lien or take . ��•�;�•
<br />::+ 4. .;�'``� one or moce of the ac�ions set forth above within l��a�ys of the giving of notice. �•��:'r
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<br />`'�� S� H,uara or Fr�yperty la4uranca Bom�a�r�.�all keep the irriprovements now existing or hereafter erected on the „�;�j�'�
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<br /> ' `''�'�'� Froperty insuned against ioss by fire.hazards Included aithin the tertn eatended coverage and any other t�rds.inciuding • ;,�;.�
<br /> .,^; floods ot tTooding,for whicl�Lender requires insurance. This iasurance shall be maintained in the amo�nts and frn the �',. ,
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