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<br /> - - - -- � 94_ 10iix'7
<br /> TOClETH�R WI'I'H�!I thc impravcmcnts nnw or herrafter erocted nn the property.and�11 eu�emcnts,eppwtenances.
<br /> �nd fiatura now or here�fie�a part af the pe�erty. All replxements ond edditionc shall�lso be covued by ihf�Socurity
<br /> _-s_�, Tnu�ument. All of 1he foregoin�ic rcfemed to in this Sccurity Insuument as the"Prc►perty."
<br /> - 80RROWBR COVENAIVTS that Bom�wcr is I�wfully seised of the esu►te hereby conveycd and ha.�ihe right ta grant
<br /> ' ' and convey the Property+and ltwt the Pmperty!s unencumbereJ,exeept for encum6rancec of rocord. Bcxrnwer wurants�nd
<br /> -- = wUl deCend�enet�lly the dQe to the Propecty ag�inu all claims�nd denwnds,subject to any encumbrunces of record.
<br /> THIS SF.CURITY INSTRUMENT combines unifartn covenants for national use and non-unifcxm cuvcnants with __.
<br /> � limited v:uiAtions by jurisdiction to constitutc a uniform cccurity insuumcnt covcdng rcal propcny. �
<br /> ' UNIFORM COVENANTS. Borrower and L.ender covenant smd agrce us follows: �
<br /> ` .��t;-�`::�..�..u� 1. Pryment of Principai and Interest;Prep�Yment and LAte Chargea. Barowcr shutl�xampqY PaY when duc thc
<br /> ;�'�f-�F+'•..��`4• principa1 of and intercst on the debt evidenced by thc Nate and any prepayment:►nd lnte charges due undcr thc Natc.
<br /> �� ��,� 2. FY�tds tor'IY►xes and Insurarice. Subject to Applicable law or to n written wuiver by Lender,sorrowcr tihall pay ta
<br /> �Y. �. Ixnder an the day monthly paynxnts are due under the Note,until the Note is paid in full,u rum("funds"y for.(a)yenrly _
<br /> S.'s_f,'--,:,_a;•..:� ;.":�•.
<br /> - —=-�;.;,,�_;��:: tu�ces und assessments wMch may attnin priority over this Securiry Instrument aa u lien on the Propeny:(b)ye�rly teasehold �_
<br /> �'°�-�-�_�-�-� payments or ground rents on the Property, if any: (c) yearly huzard or propeny insurnnce premiums; (d) yesuly flaod —
<br /> ; - � insurance premiums, if uny; (e) yearly mortgage insurance premiums, if any; and t�any sums payable by Borrower to
<br /> � w � �. S•. Lender, in accordance with the provisions of paragraph 8.in lieu of the payment of mortguge insurnnce prcmiums. These
<br /> �++�•+-• ` � • items arc calied"Escrow Items" Lender may,pt any time.cotlect and hold Fundti in an amount not to exceed the maximum
<br /> :���:b.. �'. .•�' �' �• amount s►lender for a federully rclated martgage loan may mquire for Borrower's escrow accaunt under the federal Real !
<br /> �°-`� ` " Ectate Settlement Procedurcs Act of 1974 as um�nckd from time to time,12 U.S.C.�2601 el sey.("RESPA").unless another
<br /> .^ � ' " rt_
<br /> ���'�.�;.•';N,:'• . luw that applfes to the Funds se4c u lesser ameunt. If sc�,L.ender may.at any time,colleet and hald Funds in An umount not to �_.
<br /> �� � . :: excecd the lesser amount, Lender may esumate thc amount of FunJ� due on the buciti of cument data�nd re,usanable �
<br /> � � y���...�.° =•-t' estimates af expenditures af Puture Escrow Items ur otherwise in uccordunee with applicable law. _
<br /> The Funds shull bc heid in an institution whose deposi�s are insured by a federal agency, intitrumentulity,or entity
<br /> ' (including Lender,if Lender is such an instituuon)or in any Frderal Home Loan Bank. Lender shull Apply the Funds to pay "''
<br /> ; � � the Escrow Items. l.ender may not churge Borrower for holJing und applying the Funds,annually analy-r.ing the escrow _=�
<br /> accaunt, or verifying the Escrow Item+, unless Lender pays Bonower interest on the Funds nnd applicuble law pertnits =__
<br /> ' � � Lendcr to muke such a charge. Howcver,Lendcr may rcquirc Borrower to puy a one-time charge for un indcpendent real
<br /> � � estate tax reporting service used by Lender in connection with this loan,unlets applicable law providec otherwise. Unless an �_
<br /> •- � agrecment is made ar applicublc luw requires interest to be paid,Lendcr shnll not bc required to pay Borrowcr uny interest or .,
<br /> � � eamings on thc Funds. Borrower and Lendcr may agree in writing,however,that intcrest shall bc:puid on thc Funds. Lender
<br /> shalt give to Barrower,without churge,an annual accounting of the Funds,showing cmdits and debits to the Funds and the __
<br /> _ purpose far which each debit ro ihe Funds was made. The Funds are pledged ns udditional securiry for all sums secured by
<br /> _____-__ - this Securiry Inswment. -_
<br /> � ^^ If the Funds held by Lender exceed the amount� pr:rmitted to be held by appticable taw, Lender shaii account [o —
<br /> Borrower for the exces.Funds in uccordance with the requi�ements of•rpplicuble law. if the amount of the Funds held by
<br /> Lender at any timc is not sufficient to puy the�scrow ltems when duc,L.ender muy xo notify Borcower in writing,and,in
<br /> such case Borrower shull puy to I.ender the amount neccssary to make up thc deficiency. Borcower shall mwke up the . �
<br /> deficiency in no more U�an twelve monthly p:►yments,at Lender ti sole discretion. =-
<br /> Upon payment in full of ull sums secured by this Securiry Instrument,Lender�hall pramptly refund to Borcower uny
<br /> �� Funds hcld by Lendcr. If, undcr paragr•rph 2l, Lcnder shull acquire or sell the PropeRy.Lendcr,prior to the acyuisition or -
<br /> xale of thc Pmperty. shutl apply any Funds hcld by l.ender ut thc timc of ucquisition or tiale us u credit against the sums ="-
<br /> � secured by thiti Security ln�trument.
<br /> 3. Applicallon oP Payments. Unless applicablc law provide+otherwisc, all puymcnts rcceivcd by Lcnder under ���
<br /> i't ' �ra ra hs 1 and 2+hall be u licd:fint,to an re r mcnt char es duc unJcr thc Note;ticcond,to umounts a able under _,
<br /> P S P PP YP P'Y F pY !�
<br /> °'• p:►rngraph?:third,to intcrcst duc;fc�urth,to principal duc:and lutit,to any latc chargeti duc undcr thc Notc.
<br /> � � 4. ChArges; Lletts. Borrower tihull pay ull taxes, a.,rtisments, chargc+, rnr� and impositions attributable to the �
<br /> " Property which m•ry attuin prioriry over this Sccurity [n�trument,anJ leutirhi�id paymrnt�or ground rents,if uny. Rorrower
<br /> xhall pay thcse obligation.in the m.�nncr provided in paragruph 2.or if nut paid in thut manncr. Burrowcr.hull puy them on
<br /> time directly to the person owed p�yment. Bortciwer�hall prumptly furni.h to LrnJcr ull nutirrti uf amount+to Ix p•rid under
<br /> thix parugraph. lf eorru�vcr makes these p�yment�dinrtly.Borrower tihall prumpdy (umixh to Lcnder recripts evidcncing
<br /> ' , the payment�.
<br /> Borcowcr�hall promptly dixrhargr any licn which hu+priority ovrr thi+S�curiry f n+wmrnt unlrsti Borrowcr:(a)agnc� � .
<br /> in writing to the paymem of the obligation,ecurcd by the licn in a munner accrptable to Lender;(b)contetit,in gexid faith the f :
<br /> licn by,or dcfcnd�ugaintit rnforccmcnt of thc licn in.Icgal pnxccJing�which in thc I.cndcr ti opinion operutc to pre�•ent thc '
<br /> enforcement of the lieo;or fet xecure�from the holdcr uf thr licn an agmenunt�uti+factory to Lendcr tiubordinuting the lien
<br /> to this Securiry Insaument. (f Lender determinr.chut any part ot'thc Property i,�uhjcct to u li�n which may attain priority
<br /> ' over this Sccurity Instrument,Lendcr may gi��c RoROwcr a notice idrntifying thr licn. Borrower shall satisfy the licn or take
<br /> ' one or mom of the uctions�et forth abovc within l0 duy+uf the giving of notirr.
<br /> ' S. Hawrd ur Property Insurance. Borrowrr,haU kcep the impro�•cmrntti nua•rxi�ting on c�rcufter crerted on the ,
<br /> Property insured ag,a►,.c��,..ny rT�,hazard.inrludrd N•ithin thr trnn"cxtcndcJ ruvrragc".md any uthcr hatard�,including
<br /> ;•. floods or flaoding, for wbich Lender reyuires insurancc. Thi� imurance .hall tk maintuineJ in the •rmount.anJ for the •
<br /> - ', � Form 3112lf 9/Y0 r�x�e�•�n�h/k�¢���� '
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