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<br /> ` 'I�Od�R 11V1'[i!�it tbe impovm�eats q0�r`ac haeailet era.'fed Cn;iile'p�opdRY.aud nll E�e�s.app�la�� ,
<br /> t� �and 6xusas notv ar ba�edles a p�t o�the propeety. M repi�oao�s'�nd��11 abo 6e co�vered by 11�Searity►� ` �
<br /> . . Ir�onuneot. All of tbe fare�oitr�is te�'aned to iu tlds Soc�itY I�aun�ac�E d�"�y" .. � � �, ` `
<br /> BORR�VI(ER OOV@IAN'PS ti�t H�o�ra is Tax�itY srised of tRe esttte beteby oome�ed
<br /> and 6�tbe ti�ht to pant'
<br /> aad convey tlre Rvpeny�od dat t6e Prupe�ty is tmeaa�mbered.except fa e,ec.va�braaoes of recad. $a�er���d ,
<br /> . aiill defea�geoeeaity dre hde to the Ptopett�apl���1�l�ia��d dem�ods.snbjoct w qy encua►b�o�s
<br /> THIS SFC4IRTCY ���I�RLTMF.NT O�1�IG5 I1t11fOfID G�YCO�1�f0[Ofn00�� USE i��-O�fO[n1 COYEdYMS W11�1
<br /> • _ ]upj��jpp��I�I1C�5�t0 ODOSbtptC a tl�IfO[m 30CY[lIS/fASt[qmCDt COY!?lp$IE��y � ` .
<br /> (Jj1�][��j COV�A�$. BO[IDiYC!��O6YG�l ib�9$tEC it fO�IOW� � , ,
<br /> L r,.�a�ra.apl a�ia L�t;�wY��I.ate c�.e�e.. somower sh�u p�vmpuY P�r��� .
<br /> �l o f a o d i�e c e s t a►t h e d e b c�v i d e a o e d b y t h e Nac aod w y p c e p a Y�e n t smd late charges due�mder d�e Nae. .
<br /> i�'�ed�for'13��a sad� Snbjdx w appUc�te 1aw a w a wntteo w�iver by I.eo3et,Bo�oira sf�ti P�Y�
<br /> I�e t�d a'a t t h e d a y m o n t 6 l Y P i Y��at+e cWe uader the Note,until tLe Note is paid ia full..a swa("�Y�Yt��
<br /> taxes aad ass�.wbich roay auain priaity over titis Se�uiry insuument as a lieu aa tLe PiopatY, �
<br /> payments or gamd nals on the Ptogtriy, if�any; tc)�Ye�Y�d a P�P�Y �`�°��:(� Y�Y�
<br /> ins�nance gr�miums.�f�ay:(e) yar1Y �S����P���any:and(�aaY sa�ns P�Yabk by Bamwer to
<br /> — I.tjder.in aooadance wnh th pmvisions of p�ag�aph 8,in lieu of the pa}-meat of mortgage iawtance p�emiums- These ;
<br /> . items�e caUed"Fscrow Itemc." Lender may.at aay time;coi[a:t and hotd Punds ia an amouat not to exoeod dre muimum
<br /> amount a lender fior a fedetaUy ielued maitgage loan may teqaire for f3amwer's escraw accaanc uader We federnl R,eal
<br /> Estate Settlemwt Rocedimes Act of 1974 as ameaded from mne to tirn�.12 U.S.0$2b01 et stq.("RFSPA"),uekss anotlier ,
<br /> .� .law t�ac applies ta the Fimds aas a te.sser�nouat If so,Lender may,at any time,collxt aad 6old l�imds in ao amou�t nnt m �
<br /> ' - �ceed.the lesser aa�nt i.ender may sstimate the amo�mt of Funds dut oa the 6asis of carnent data aed n�souabk
<br /> _ ,estimates uf txpen�au�es�fuame Eccrow Items or othawise m a�xotdaaoe with applicable law.
<br /> The F�aads s1�sII be hetd i�aa ins6n�sion whbse depos'►ts are insmed 6y a federal agencY,inctruunentatiry,oc�eati�9•
<br /> i
<br /> ' � ('inct�ding Lender,if Lender is s�ch an ins6tution)ar in ang�Home Loan Ban1C. I.eader shall aPPtY tbe tbe esscrow
<br /> - the Fscmw Items. Lender may;noc charge Bomnwer fa"hali�ng aad applyiag the Funds,aanusllY'�Y�S �
<br /> account,ar verify�ing tlte E.sa�cv Items.unless Lender pays Bonovc�er.intetest on tbe Funds aad applicabte law pemfits
<br /> — ' Lender W maice such a ehasge. However,Lender may ceqaire Bom�w�cQ PaY a on�time et�arge for an independent nal
<br /> estate tax s�wrting seivice u�ed by I.ender'ir,connecrion with this toan,�appHcabie iaw provldes otherwise. iJnkss sa
<br /> = --- - • agreement is made or appGcahle law rtquit�s irite[est to be pa�d:Leader s�a11�t be c+�quicied to pay Bormwer any iaterest or
<br /> earp{ngs on thc Fvnds. BorroWer and I.endes may agoee in wnang,howevu,that inLerest sl�all be paid oa the Fuads. l.ender
<br />.. .� - ---— � shaU give to Borrower,withaoi�c3'�arge,an annual accounHng of tUe punds;sh�wing citdits and debits to the Fimds and th�
<br /> ;� ` � purpose t'or which each debit w tbe Funds was made. The Funds are pled�ed as additioaal secwity for all sums secured by
<br /> this Securicy insavment '
<br /> If tLe Fimds t�e1d by Lat�er exceed t�omouats permitted to bz�x1d by applicable law, �shall accouat W.
<br /> >: .�.-,._.,�,:'.�; " Borrower for the excess F�ca:ds�accordance with the ceyuitements of agpYicable law. If the anwuat�tlye Funds I�eld by .
<br /> .r;`� Lender a't any time is not su�icient to pay the Escrow Items when.due.Y.ender may so nodfy Bonu��er in wriang�and,in
<br /> ' � �%jY' ; • sucb c�se Bonower shaU pay to tender the amaunt necessary to maiEe t3p the deficiency. Bormwer.shall maic��up t6e
<br /> � �� `"`��`��''�i deficiency in no ma:e thaa twelve monthly payments,at 1.ender s sole�iscretion.
<br /> ����;::::�:.,�;
<br /> =% • • • Upon payment in full of all sums secared by this Security Instrum�at,Lender sball prompdy refiu►d w Boirower any
<br /> '1:;?`-': ` �'�' - Funds held by Lender. If,under patagraph 21,Lender shall acquire or selt the Property.Lender,pnor to the acquisidon or
<br /> .. i• : .:
<br /> ��?�:�`.;,:.�::� , sale of the Property.shall apQly any Funds held by i.ender at the pme of acquisirion ar sale as a credit against the sums
<br /> .- . ~ secured by this Security insmiment: ' .
<br /> �.,.���. _; :w..T;*• :,: 3. Application otP�ymeats. Unless applicable law provides otherwise.all payments received by I.ender under
<br /> :-�.,-: •_ � paragraphs 1 aad 2 shall be applied:first,to any pcepayment charges due under the Note:second,to amoudts payable under
<br /> � �.'.�;�"' � . � ��.� paragraph 2:third co interest due;fourth,to principal due:and last,to any late charges due under the Note. •
<br /> ;..'_�fT;.;-�:-�::. :; q. Ch�ges; Lieas. Bosrower sha1H pay all taxes, assessments.cf�arges. fines and impositians atuibutable to the
<br /> �':. �.:�•��•� '" ' Property whicls may attain priority over this SQCUrity lnstrument,and least�otd payments or grous�d rants,if any. Bomuwer _
<br /> - `�'°��`� ''`'��"'�� �'�'�' shaU pay these obligations in the manner prosided in paragraph 2.or if not paid in t4�at manner.So�:ower shall pay�hem on _
<br /> ;;,:;;';;!..,;`;;�Ff,.,;�. . . . P � g �,
<br /> �,;;;'�'a:�.��;::,,,;..."•.; `:'';'' time directly to ttte per�on owed a ent Sorrower shafl promptly fumish to Lender�,�otices of ar.iounu to be p�d under
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<br /> �:�r���.�.:. .. �: .��`,; this paragapl�. If Borrower makes these pa.ymentc directiy.Borrower shall promptJ}`furnish to Ler.�er receipts evidencing �
<br /> t: ,_ ,, ,: .;.:• . .,
<br /> ., the payments..
<br /> ��`;�:�•' . •, •� � Barrawer shall promptly discharge any Ci�n which has priority over this Security Instrument u�Il�1Borrower.(a)agrees
<br /> ,'��- � � in writing to the payment of ihe obligation secured by the licn in u manner acceptabtc to I.ender;(b)cuntests in good faith Ihe
<br /> ' n' lien by,or defend9 against cnforcement of the lien i�.1�a1 qroceedings which in the b,ender's•opinion operate to prevene the _
<br /> 1r' ' ''�' enforcement of the lien:or(c)secures fmm the h5"�r of t1::2ien an agreement satis�aczary to l.ender subordinating the lien -
<br /> - `� �'� -���'�, to this Securiry lnsvument. If Lender deter�.�^es z:aaa ar.y part of the Property is subjstx'to a tien which may attain priority -
<br /> _:�,,�„ .:�•. .��.' over this Secunty lnstruroent,Lcndcr may gnti�e Boaaaer a rrotice identifying the lien. Horrower shall satisfy the lien or take =
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<br /> .�, . one or more of the actions set forlh above w�k:in 10 days of the giving of nouce. --
<br /> • ��=..,�.�, •, • g, ya�rd or propedy Insurs�nce. Boaawer sha�1 keep the impracements rsaw,eaisting ar bereflfter erected on the ,_.
<br /> • �;;:};•.'„ � ,. Property insured against loss by fire.hazards included within the term extended caverage"and any other hazards.including _
<br /> .%.`.;�.�;:; ' tloods or tlooding.for which Lender requlres insurance. This insumnce shaH be maintained in the amounu and for the
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