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<br /> _ �,� . 7�Ot36Cfi�t Wl'I7i�Il lh�Imprnvaomt�aow or heraRer at+eated cn the propmty.�ad�II wWtMnt�,�ppuetnn�o�a��nd
<br /> lG�turr aow or hawiRer +�p�tt of dM propwty. All nPl�ormrot� aod rddfdaa� �lWI da be oovarod by Ihi� 8�ourity
<br /> -._ 1OIbIpD�O�.AQ Ot dM tolOjoltl���f�f�H�Id t010(6�S�cYl�ty IO�ff{Im011t Y t���I�Of�y� -
<br /> '�':� .:r•a� �'"• BORROW�t COVBNANTS Nut Hotmwrr i�IawlWly rei�ed at Ih�e�te 6ereby oonvey�d�od h�t6e ri�ht w�nat�ad
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<br /> �, '"'��'''}_"`. ooav�y the Pmp�sy�od Wa1 We Prcpaty i��m�noumbeted� exa�pt far anaumbro�ca of r000rd. Botrow�r waeW�wd will
<br /> , �°".�' .�'" °` defiad�aaaally the tltle W tbe Prapmty a��in�t dl cWan��od dem�nd��abJect w�ny eacwabnuoa oP r000rd.
<br /> .°. 'li�IIB SHCURITY INS7RUMSNT coa�bina uniform covm�ov for ostlaW u�e�ad aon-�wiform aovmaov wiW limited
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<br /> `' � _ ' v�rbtiow by jud�dJodoo w aoo�tltute a uolform�eaurity imwmmt covedu�tal prop�tY. � _ -_
<br /> •� �•. •a.� � � '", UMFORM COVBNANI'S.Borrawar�aid lmder oovaNnt ud�nee a�foUowr. _
<br /> ��. . �`:.,.� 1. Pl�yn�t ot A�inclpd �od Inte�+dt; P�rq�
<br /> aod Late Chu�es. Borrowar�11 Pr'omptlY P�Y wha�due the
<br /> .- - .f�..- � ' o.�,...�� P�iPV otimd inw�ek on ths de6t evideoaod by tbe Note and�nY P�9�t�ad I�te c6u�a due under tue Note.
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<br /> - •� '�T 2. F�ed�for Tue�aod Inaaar�cs.�bJect to�ppIIcable uw or to a wrlttco wdver by Leodsr� 9ocmwer�11 pay to
<br /> _'��,,.w,::_..,��., �:�.c�� Lender on t6o d�y montWy p�yaeat�iu�e due uader t6e Note�uaW the Note i�p�td In fWl��am('Fund�')for.(a)yarly wca
<br /> _ ._ih:..���� �i" �`' aod�ma►b wWch un�y atWn priority over thi�Secudty Imwmeat�a liau on the Propaty:N)Y�Y laue6old payma�u _A
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<br /> ;._. ,. a;.. `��uk or Qrcund roab on We Property,if any:(o)Yeuly hw�d or prnpe�ty insutance promium��(�Yeuly flood inarance promium��
<br /> —��,.,.��? � ' ' if�ay�(e)Ye�rly mort�e inwranoe premiuu�.if wy:aad(��nY�uw FaYable by Borrower w LeiWer�in �ccord�ace wIW
<br /> -_ fi�,;;��,; ;� the provi�iaos of piu�apb 8�in lieu oP the paymeat of mort�e inrur�ace premivau.'Ibae itenu aro called "&orow lten�.' --
<br /> �• �• ., 1�eader m�y. �t�oy time, coUect�nd hold Pund�in w�tnouat oot to e�ceed We maximum amow►t s lea�der for a federally
<br /> • , ...�,,;,;�' relatad awtt�e lom m�y nquire for Borrower'�aorow axount undar the Peder�l Red Brt�te Settlemeat P�ncedwra Act of F�:-
<br /> �'' 1974 ru�nimded finm Nme w ttme. 12 U.S.C. Section 1b01 d seq. ("RF•SPA')�uolas another l�w thaR appika to the Fuad�
<br /> �- � - � r•� sw s luscr smouaG If w. Imdee auy� �t�aY Wne, ooUoct aad hold Fund�in�n amount not to exceed iha larer�mount. _,._
<br /> ^° Isader myr ptim�te tlw anouat oP Fw�di due on We bui�of cwrmt d�ta�od roaon�ble atimate�of enpeadituro�of iWure F:��,�:,
<br /> � ��° ��b B�crow items or other�vi�e in�aoord�n��wlt6 appliaible law.
<br /> .i 'll�e Fund� ab�U be held in aa in�tiduion ahae dqwaip �re i�uured by � fabral ageacy, inotn�meaWity� or enHty __---
<br /> �;�`:�:.�.. !-:�..� (inoludin�I.eader,iP I.a�der i�iuch�n iauiwtta►)or ia�ny Federal Home Lo�n Bank.Lender�hall apply the Fuad�W p�y We
<br /> ,' .' - Brcrow Items.Leador msy not chRr�e BorroaAr for boldin�and applyln�tho Fundi,amuelly wly�3n�tLo acrow account,or
<br /> <� vedfyiu�tha Boe�w Itenu.unla�Leader pay�Bonower interert oa the Fundi and�ppltcable law permits l.a�der w aul�e ouch
<br /> '�'' ° s ch�r�e.However,Lendar muy roquire Borrower to pay a oae-tipa cb�rQe for on indepeadent real estate tax report3u�rervice
<br /> , , uaed by Leader in comxtioa with t6i� loan. unlew applie�ble IRw provida otherwire. Unleao w �toemeat i� made ar
<br /> , , applicable law roquira iatarert W be paid.Leuder obdl not be requirod W pay Borrower any iatoroot or eamiag�on t6e Fuada. Fy:__:_
<br /> - Borrower�nd Lander msy a�ree in writia�,howovar�t6at interc9t ahall be pdd on the Funde, Lender ahdl Qive to Borrower, �
<br /> - •'-�-=L===• wlthoe�t�l�e,��s�e�! �undng oP the Fuad�,ihowing ai+edib�ad de6ib to We FuacL�ad t6e pu�poee for wWch ach �
<br /> _- — � debit to the Fuadi w�a�de.71�e Funds�re pled�ed�u�dditionai�ecudty for dl�um�secured by tW�Socurlty In�trument. —
<br /> y ' If We Fund�6eld by L�a►der exeeed the amouate perroitted to be held bY apPlie�ble law�Lwder o6a11 accouat to Borrower -
<br /> for the excew Fuadr ia accord�nce with tlie requiroma�ta of applicable I�w. If the unouot of the Funds lald by Lendar at aay
<br /> " time io aot�uf�iaient to pRy t)w Facrow Item�whea due,Lender msy w notifj�Borrowar ia wdtia�,�nd. in auch ciwo Borrower -
<br /> . ohall pay to l.eadar the unount neceswry w make up tha defioieacy. Borrower�iull m�ke up the deficiaaey ia ao awro than - _�
<br /> • � „ twelve montlilY paYmeata,at Lender'�,wle dieeretioa. "L
<br /> � ° Upon p�yment ia full of�11 aau eecurod by thie Security In�tniment, Lender�h�ll promptly rofund to Borrower aay � "_-
<br /> - .. _ � Funda 6eW by Lendar.If,uader paragnph 21.Lender sb�ll uquiro or sell We Property.Leader.prior to t6e acquisitlon or aale � �-�:`
<br /> ''' •t. t � of the Property�s6iJl apply my Funda held by l.ender�t the time of acquieitlon or We�s a crodit a�ain�t tbo�uaa reeured by �
<br /> _��: thi�Security In�trument. �
<br /> +' ' 3.Applicatlon of Payments.Unla�e appltcable law providea otharwlse,dl payment9 receivad by I.euder uader p�ragrapl�
<br /> � 1 and 2 ohdl 6e appliod:Rrrt� to u►Y ProWYroeat ch�r�a due uader the Note; secoad, to anouaa payabb under pangnph 2c ,,,.
<br /> , . tWrd,to�ntarat due:fourth.to principal due;aad liut,w�ny I�te elurgea due under We Note. ��-,•`
<br /> , 4. Ch�rQes; Lienv.Bomower rhdl p�y dl wcee,�soesaraente. chwr�es,tina wd impoaition�ettdbuttble w tde Property �;;ti�r�,-;.
<br /> "' �� • w6ieh mty atWn priodry over t6i�Security Instrument. aad lea�ehold paymenb or�rouad rcnts. if wy. Borrower ehall pay
<br /> ' i•��• � � thwe obli�tia�u in We nunner provfded ia pux��ph Z,or if aot paid in th�t m�nner,Borrower�hdl pay them on time diroctly ��•��-,
<br /> - ' to the perwn owed paymeat.Borrower ahdl promptly fuinieh W Lender nll notices of amount�to be ppid under t6ie p�r�raph. E._,,..I,
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<br /> If Bomower md�es 16ese paymenu diroctly,Borrower eiwll promptly furnieh w Lender rocoipte ovldeaciag the paymeats. �....;;;:
<br /> .� , s .�. . .�� Borrower�fWl prompdy dioc6ar�e u►y lien w6ich tus priority over thja Securiry Inotn�meat unles�Borrower:(a)a�roeA ia �;.�,;=.
<br />, ;��' � ':" wrltlnQ to the payment of tlu obligation aecured by the liea ia a nwaner�cceptable to Lender;(b)conte�ts in good fi�ith the liea _ _'�
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<br /> ���"'��• by� or defende a��in�t eaforcemeot of t6e lien in, legd praceedinge which ia We Lender'4 opinion open�te w proveat the ;
<br /> �,,,.. ��:.... :
<br /> � ;.,. .. �,, enforcement oP the lieu;or(c)sxurer from t6e holder of t6e lien aa a�rcernent catiofactory to Leader oubordiatin�the lien to '
<br /> �•' " '•`,;�., t6i�Secudty latrumeut.If L�euder determines that�ay put of the Property fo subJect to a lien which may�thin priority over
<br /> ; �� t6i�Secudty Lutrumeat�I.ender may�ive Borrowar a notice identifyin�the licn. 8orrowdr ehdl satiafy Ihe lien or Wce one or
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<br /> � ' ''� moro of t6e soNon�oet forth�bove withiu 10 daye of the�ivinQ of nottce. �;s,,�._-
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