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<br /> . �OG�wrrH aU d��e�ts now a�a�eaita erocoea oo tbe pcopeay,.�a a!�e.�en�au�,•FVu�unces::.
<br /> and fixwmc mvr or haeafisr�pact of tbe propaty. Atl repl�oenxats tad additfans slWl dso be cnvered.by this Socurity
<br /> Instruo�eat. All of tbe faiegoiag is iefened to in this Secur�ty�tastcument av�he"Froperty."
<br /> � BORROWER COYENAM'S tlnt Bonvwer is lawfulty s�ised of the tstate bereby ounveya!and has the rigttt ta g�ant
<br /> aad oonvey the Piopaty and that tbe Pmperty is�merc�mlkced,except for ea�um6�ances of,tecotd. Barnwer wanants a►d
<br /> w,�l defead generalty the tiUe to t6e Pmpeity ag,aiest all claims�nd demaods,subject w any encumbranves of recotd.
<br /> � � THIS SECf3R1TY iNSTRUINFd�I'F caabines uaifosm eovtoa�3ts for national use and taa-uniform mvenants with -- - -
<br /> �V80a110D��1 JUqS�W011[O CORSf1iII[C a UAifo[1m S�Itllty incr..envni COYCIID$ICA1 pODQC�Iy •
<br /> UNIPDRM COVENANTS. Bouower azd Lender rnvenant and agtet as follovvs:
<br /> i. PtR'sa�t d Prfneipd a�d lnterest's PrePa�and Lste Chs►Res. Botrower sl�all PrompdY PaY wLen due the _
<br /> principral of and inte�est on t�e ddxcvide�ced by the l�in�anc!any p�epayment and]ate cbarges due under the Notc. � --
<br /> ° Z. i�y�is[or'6us iod Inemie�oG Subjectto�!aw or to a wntten waivuby Lender,Harower sttaIl pay to .. �
<br /> [.euder on the day monthly payments are due mxi�ftu Nate,unnl the Note is paid in fu11.a sum("Fuuds")for.(a)yeatlY .
<br /> . taxes and ass�sments which may�taia p?�ity�er rlus Securitg tnsa�msent as a lien oa tbe Ptnpeny;(b)Yearty kasehold _
<br /> . Payments or gio�sd tents on the Rvpeicg;if an}:��D S�Y ba�aid or pmperty insurance pc�emiums; (d) Y�Y�� __.. -
<br /> ins�ttance premiums.if aaY+(e)Y�Y�SaBe ms�ce premiumc.if any;and(�?aY sums payable by Borrower w
<br /> � `Lender,in ac�rdance with the pmvisioos of pazageapb 8.ia lieu of the payment of mortgage iasurance premiums.. 'Il�ese �_
<br /> items a�e called"Escrow Items.' Le�er may.at any time,collect and hold Funds�n an amount not to exceed the ipaaimum - =��,-_
<br /> amoont.a leqder for a federally ietated nlortgage toan may mquire far Bocmwer's escmw accamt under the fe�eral Reat :�� ,�'��-°
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<br /> ' ��S�'�z�ent.Rocedunes Act of 1974 as amended fmm time tn time.l2 U.S.C.$2601 et seq.("RESPA"),w�tess anotber ��,
<br /> �, E��at��ies to the l�nds sets a tesset amoim� If so,Lender may,at at►Y tune,collect and hotd Fonds in an amaunt nut to�. - :,. . • '�;_.�;.-
<br /> . :�r�t�`�esser amoµnt I.end�ma�estimate the amount of Fvnds due on the basis of cumeat data and reasonabie. :;:= _,:�:''`- .�_ �-t
<br /> •:-esam�r�o��pendituns of fatare Es�.-t�iw Items or othervvise ia accordance with applicable law. "� '�__.. - � ��s��:�
<br /> � � ` � ibe.�s shall be held in ars��nsr,itu6on wtwse deposits�:;�by a federal agency,instrumeatality.or enritY;`::;_:. � �`j�
<br /> --- �aroe Loan Bank. I�shaU 1 Etfe Funds to.PaY;`; ,
<br /> , ('�g�er.if Lender is sucb an�stiwdon)a in aay Fedie{a!. ePP Y {�--
<br /> � ' tbe T�ni.c. l.ender ma not e Bomnwer for holding'and appiying the Funds,a�mnallY�Y�B the escrow. � ��.`-.
<br /> ',;:�;�+��verifying the Escrow Itet�s;ualess Leno7ar PaYs Hormwer interest on the F�ds aad appGcable!aw pernuts �" --
<br /> . ,.��ade�.t�.�ake soch a charge. However,Lend�s may;zequire Borrower m pay a on�time charge for aq.ind�eddens real ti;��f`•
<br /> �-�'esia�:���.�pordng s e r v i o e a s e d by L�d.°rin cam�e c T s a a�wi t h t h i&l o a n,u n l e s s a p p�c a b l e I a w.p i+o v i d e s o t h e n v i s e.`XJnless aa - -
<br /> . agnee�n�:�s made or applicable law requue.s interest ta Ue paid,Lender sl�aall not be required to��y.BonovYPC;any interest or :,�; •
<br /> �,v�a.the.Fund.s. Bozrower arrl i:en;ler may agree in wnhng.tiowever,that intemst shall'be�paid on the Funds. Lender `�;'.
<br /> sbatl gi��ta�8orrower,v�+itltout c�a;.g�•an annual accounimg of the Funds.sdoWing credit4 and�ebitS to the Funds and the" ;:„,•,':;
<br /> p�p�e�o�s�W;r�e�mt�srt to�#��nds�as a�d�::The Fvnds are pledged as addidonal sectuity fot all stim's secane8 by. • �J;�::,,�;.f
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<br /> If tbe��ds held by Ltnder ex�eed tfie amo'tmts permitted to be held by appifcable-law, Lender shaU accuuat to ,�.TM:
<br /> Sotrower ff�r the excess Funds in accorc�auee with the ieguirements of applicable law. If the smaunt of the Funds held by
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<br /> Lender at ariy time is not sufticient to pay the Escrow items when due,Lender may so notify Bormwer ia writing,and,in . �-
<br /> such case Bomnwer stiaU pay to Leader We amount necessary to make up the deficiency. Borrower shatt malce up the -. =.
<br /> deficiency in no more than twelve monthly payment�,at l.endeis sole discretion. _
<br /> ' Upon payment in fu11 of a11 sums secured by this Security Inswmen�Lender shall prompdy refund to Borrawer any .
<br /> Funds held by Lender. If.unde�paragraph 21,Lender shall acquire or sell the Property.Lender.prior tu ihe acquisiaon ar ;
<br /> sak of the Property.shall apply any Fuads held by Lender�t the timc oi acquisition or salc as a credit against the sums
<br /> securod by this Security lnswmem. •:
<br /> 3. .AppUcsNon a�P�y�uents. Unless applicabie law Qrovides otherwisc. atl payments receivect 6y I.ender under
<br /> par�gnphs i and 2 shall be applied:firs�to any prcpayment charges due under the Nnte;second.to amounts payabie under • '
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<br /> puagraph 2;third.to interest due:fourth,ta pdncipal duc:and last,to any late charges due under the Note.
<br /> 1. Chartes;l.ims. Borrowcr shall pay all taxec, a�sc�.sments, charges. fiacs and impositions auributable to the
<br /> Propeety whlch may attain priority over this Secufity lnsuument,and leasehold payment�ar graund rents.if any. Borrower
<br /> shall pay ttr�se obli$�tin0�ln the manner provided in paragraph 2.or if nol paid in thAt manner.Bacrawcr shail pay them on
<br /> Ume dinectly to the pei3on owed paymen4 Borrower shall pmmptty fumish to Lender all nadces of,amounts to be pa�d under __..
<br /> this paragraph. If Botrower makes these payments directly.Borrower shall promptly fumish to L.ender receipu evidencing
<br /> the payments.
<br /> Bo�rower shall promptly discharge any lien which has priority over this Security Instrument unlecs Borrower.(a)agrecs ,
<br /> in wri6ng to!!ie payment of the obligaiwn secur�d by the lien in a manner acceptable to Lender.(b)contests in goad faith the
<br /> � lien by.or defends against enforcement of the lien in.legal proceedings which in the Lender's opinion operate to prevent the
<br /> enforcement of the lien;or(c)secures from the holder of the lien an agreement'satisfactory to Lettder subordinating the lien • . -
<br /> to tltis Security Instrument lf Lender determines that any part of the Propecty is subject to 31ien which may attain priority
<br /> over this Savrity Instrvmtnt,l.etider may give Bo�rower a notice idendfying the lien. Borrower shall satisfy the licn or take �_: , _
<br /> ane or more of the,acflons set forth above within 10 days of the giving of notice.
<br /> S, yazsM pr pr�operty I�anca Bomower shall keep the improvements now cxisting or hereaiter erected on the � =-�•
<br /> Propecty iesuted against loss by fire.hazards inctacded within the term"extended coverage"and any ather hazards,inctuding (.
<br /> t]aoda or floading,for which Lender requires'r,�suc�nce. 7]�is insurance shall be maintained in the amounts and for the � ,
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