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<br /> • ' , ` �W�iU(�IC 1t1�(OYEQIGdf 11�lV Or�QOCiEd�If�11C p[GQitiy�i�il��7�b.��� . .
<br /> � � , f11R� a0W Ct��lC,��tt,Or t�lt p[�O�EfI�►. /U� 1l�1�OC�G�tf �Od �It1011� ilii�{ illO 17E t70vp�Gd �1 !� .SOL4M�►< _
<br /> �utt�l.A!1 a�.tlK(bee�oia�!i tefertrd la in t6't,s Secvrity IruMetnent as tlje'Prape�ty.• .. • .
<br /> • �RROWE�t COV�NANCS t�ft Hormwet 1s Isvvfutty�ceeisat of the at�te hemby canveyad�atd 6�s the right to gimt sod. :
<br /> , catvcy me PYVperty a�d th�t the Propetty is uMncumbetod,eaca�t for enculnbrancrs oi r000rd. Bomower war�ants aod wrill
<br /> defend�eneelly thatitte to tl�e Pm�artg�in.st atl cl�ims and dem�nds.subjxt to�ny ena�mbnnces of rro�nd. . '
<br /> 1MS SECITIi!'fY 1NSTRUMSNT c�ombines uniform oovet�nts for national use sutd non-unifotm oQveoants with liaritod
<br /> , v�riatiom by jurisdidion to rnnstitnu a_uaifom►secariry instromerrt mverin8�P��'�Y• �
<br /> UDiIFORM CUY�IVANTS. Bortrower.and le.nder cnven�nt.and agrQe as follows: _.
<br /> ` 1. Pf�yiea�t o[Ptiscipd asd 1dn� Ye+�JmenE apd Ltte 6'6a�es. Borrower st�ali PmmptiY PaY wha�dne t6e .
<br /> princip�l of wd intenest on the debt�by tl�e Notc and any RrepaYmeot.aod late charges.due under the Nae.
<br /> � 2.Fa�ds tor Tues�aad Iusur�nce.Subjxi to�ppGcable law or w a written waiver by Ixnder,Bornuwer shall pay to
<br /> Lajder on the daY��Y PaS'�nts aie dae under tho Note.unci!the Nae is paid in full.a sum("Fmds")for:(a)yariy�aes . .
<br /> aod assessmeuts w6ich may att�in priority over,this Soeurity.tnstrument as a fien ari the Propecty;(i�}Ytar1Y ieaselwld paymaus
<br /> � or grourd nnis on the Property.if any:(c?Y�!'��or property insuranco premiwns:(�Yoar1Y flood insurance p�emiums,
<br /> if n►y:t�)Yady mortgaga inwrance piainiums.if any:and(fl anY�i�Y�le by Borrower to I.e�der. iu a000i+dance with
<br /> the provisiuns of paragraph 8.in liw of the payment of mortgage insurance premiums.These items are rall�d'Escrow Items.'
<br /> • f�r�der may� at any mne,colkec and hold Fw�ds ia an awouai not to exce�We tnaximnm amount a tender for a feder�liy
<br /> `� � nlated mortgage laaa may �equire for Barrower s escrow account under the feder8l Rea1 Estate Settlement Procedures Act of
<br /> 19T4 ac amended from time to time, 12 U.S.C.Section 2601 et seq. ("RESPA").anless another law that applie§to the Furjds
<br /> sets a lesser amoun� If so,.Lendet may,at any[ime.callect a�6otd Funds in an aAwunt not to exceed.tlie tesser amount.
<br /> I ender may estimate tb�e amount of Funds due on the 6asis of curan[da[a and reasonable estimates:rif,ez�ieadiwros of fu#�re
<br /> . Escrow Items or otherwise in aax�rdanoe with applicable law. ' - ".':� .
<br /> 'ffie Fnnds shaU be held in an institution whose sits are incured a federal � " ;'•�f�. . . . tY
<br /> � bY aSencY,':ms�iir�a�ity. ar coti
<br /> (including I.ender,if I.eMer is such an institurion)or in any.Federal Home Loan Bank.Lender shall app13'tiieFunds to�ay the
<br /> Escrow Items.Lender may not charge Borrower for holding and applying the Funds,annually analyzing the escrow accoimt,or _ _
<br /> verifying the Escrow Items.unless Lender pays Borrower interest on the Funds a�f applicabte law pemrits Lender to make sucb
<br /> . � a rh�rge. Hov`e,wer.l.ender m�y require Somower to pay a one-time cl�arge for aa indepea�dent real estate taq¢repotting scrvice =
<br />. ased by Lender in cnnnection with this loan, untess applicabte law provides otherwise. Unless an �nt is made or °
<br /> applicable lavv requires interest to be paid,Lender shall not be required to pay Borrower any interest or earQiags on the Funds. _
<br />. Borrower and Lender may ugree in wriring,however, that interest shall be paid on the Funds.i.,ender shaEl give to Borrower. -
<br /> without charge,an annual accounang of the Funds,showing crediu and debits to the Funds and.the purpose for which each =
<br /> � •debit to the Funds was made.The Funds are pledged as additional security for all sams secured by.this Security Iastnuneqt.� .
<br /> . If thc Funds held by f.ender excecd the a�r�ounu,permiued to be held by applicable taw,I.ender shatl ae�oount to I3onuwer _
<br /> • 'for the excess Funds in'aocordance with the require�°nts of applicabte law. If the amount of the Funds held by LeMer.at any _
<br /> time is no�_s�ficient tn pay the E.scrow Items wherr due,I,ender may so notify Borrower in writing,and.in such case Bortn�rer
<br /> � shall pap�.to_�nder t4e amount�necessary to make ap t6e'deficc�eacy. Borrawer shall make up the defciency in no more than -
<br /> twelve monihly paytne�s,at I.ender's sole discretion. ' ' � �:
<br /> • � Upon paymerit i�n full of all sums secured by tdtis Security Instrumen� Lender shall prompdy refund to Borrower any � .::.�_
<br /> Funds deld by Lender.If,under paragraph 21.Le�ader shaU acquire or sell the Property.Lender.prior to the acquisition or sale
<br /> of the Property,shall apply any Funds held by i.ender at the time of arquisition or sale as a credit against the sums secured by ;
<br /> this Sesurity Instrument. _
<br /> 3.Applicatlon o!Paymeats.Unless applirabde law provides otherwise.all payments receivad by Lender under paragraphs
<br /> _ � 1 and 2 shall be applied:first,ta any prepayment cl�azges due under the Note; sECOnd.to amourrts payabl�,under paragraph 2; _-
<br /> '• '�third,ta interest due;fouRh.to prinripal due;and last.zo any late charges due under the Note. � � :,
<br /> � 4.�fisrges; Liens.Borrower shall pay all taxes,sissessments.charges.fines and impositions attributable to the Praperty =
<br /> which m�y attain prior�ty over this Security Instrument, and leasPhold paymenu or gruund rents.if any. Borrower st�aU pay
<br /> ttiese obtigations in the manner provided in paragraph 2.or if nmi paid in that manner.Borrower shall pay them an time directty �
<br /> ;to the person owed payment.Bonower shalt promptfy fumish ta l.ender all notices af amaunts to be paid under this paragraph. �
<br /> �f Bonower makes these payments directly.Borrower shall prompUy fumish ta l.ender rereipts,evidencing the payments. � • _
<br /> � . Borrower shall promptly discharge any lien which has priority over this Secwity Instrument untess Bonower:(a)agrees in �.
<br /> wtiting to the payment of the obligation secured by the lien in a manner acceptable to Lender;(b)coMesu in goud faith the lien `
<br /> by, or defends against enforcement pf the lien�in, legal pmcecdings which in the Lender's apinian operate to preveut the �
<br /> . :enfarcemerrt of the lien:or(c)socures from the holder of the lien an agmcment satixfactory ta Lender subordinaNng the lien to
<br /> this Security Instrument.If Lcncler deiermines that any part of the Property ia subject to a lien which may attain priority nver �
<br /> this Security Instrament.Lender may give Borrower a notice identifying the lien. Borrower shall satisfy the lien or take qne or �
<br /> more of t1►e actions set forth above within 10 days of the giving of nolice. !'
<br /> F«m 802� SJ90 =
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