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<br /> TOaE7I�tEtt wrrH dt the impmvameau naw or h�tter eroc�ed oe the propwty.and d��wsma�a,�ppucta�aoc..
<br /> smd Cu�d�res aow or baeatier a prt ot the e�. All t+epl�¢ta�wu�aad addltluaa�iWl�Iw be covarod by thls Secucily
<br /> , InutumeaG All of tbe foreQoinQ la refatred w i�a thii Secutity Iniwmeat d the"Ptnpehy"
<br /> BORFiOW�R COVENANI'S th�t Aorr�wer i�I�wfi�lly�ciNd ut Iho at�te heroby amveyed rnd iw tiks rlght to g�►t
<br /> and convey the Propaty and etat the Propecty i�unencumbored.exuept far encumbnrke�of nxcxd. Bart+c�wer wa�rAnu And
<br /> w1U defend�eaernUy tbe aUe to tbe PropenY a�dnat dl cldttu and dertund�,subJect w Nny encumbnu�ce�of rocord.
<br /> TFQ3 SECURTfY INSTRllMEIVT combines uniform covenanu fcx nrtlatuil ure wNl nun•unifam oovaunu with
<br /> _��-""�'"""'T""�' limited veriadons by juriidiction to constiwte a unifcxm�ecurity inrlrwrwnt cuvatltt�{ro�l pnr{wriy.
<br /> UNIPORM COVENANTS. Borrower end Lender covenu�t�nd y�roe a�fdlow�:
<br /> 1. Payment of Princt�l uid InteKSt;Prepyment�od I,at�Cb�t�w Hurruwer rludl P�P�Y PaY when due the
<br /> pdncipal of and iatenat on the debt evidenced by the Nak wtd�ny prepayment�utcf I�te chiuQe�due under the Note.
<br /> 2, Fluuds for'lyuces tnd Iosurance. Subject to applicable law or to�written wriver by l.ender.Borrower shelt pay W
<br /> L.ender on the day monthly payments aoe due under the Nate,undl the Nae ix pwid in full,w kutn l"Fun�lr")for.(a)ycarly
<br /> taues and assessments which may att�in priaity over thi�Saurity Inruument�u w Ikn un Ihe PrupeRy;(b)yeiuly leAaehold
<br />__ _� paya�ents or gcound rents on the Prope�ty. if any; (c)yearly tuzard or pruperty inKUnuko prcm{umR; (d) yeady Dood
<br /> insurance prcmiums,If any; (e)yearly moRYage lnsurance pt+emiums, if Any;wnd (Q +u�y�sumr p�yabie by Borrower to
<br /> Lcnder,in accordanco with the provisians af parngraph 8, in lieu of thcpayment�f monQ�Yc inrurwxe premiumx. These
<br /> items are called"Escrow Iums." Lender may.at any time.wllect and hold i�nda in�n umount rwt to czceed thc rtwximum
<br /> — --- amount a lender for a federally rclaud mortgage loan may rcquirc for Born�wer'r excmw ncccwnt under the foderxl Rral
<br /> �,�' Eatato Settlement Procedures Act of i9%4 as amended from time to time. 12 U.S.C.�2601 rt rsq.t"R�SPA'7,unl¢�s►pnothcr
<br /> ;-,: ' i law that epplies to the Punds seta a lesser xmount. If so.I.endor mxy.at any time,collxt and hald F'uods in�n wnaunt nat to
<br /> . - � ,....,� oxcccd thc icsscr amount. Lender may est�mate the ampunt af Punds due on thc baei� of cunent dato rnd re�ecmable
<br /> _ `:�';��`�''�` esHmates af ex�+eenditures of future Escrow Items or otherwjse!n accordance with appli¢�blc luw.
<br />.. - + �!�r j;.:�f.�if���,., ; The Funds shall be held in an instituuon whose depasitd arc Insured by a fedcrel u�enny, inruumrntality, or entity
<br /> -F.:'r:, �„.�.:.�,, ;. (including L.ender,if Lender is such an inst�tuuon)or in any Federnl Home Loan Dank. Lender�hall upply the F�undx to puy
<br /> the Escrow Items. Lender may not chnrge Horrower for holding and applying the Fur�ds,unnuully anulydny 1ho e�crow
<br /> .• .• .;�•- aceount,or verifying the Bscrow Items,unless I_ender pays BaROwcr interest on thc F�tnd� und upplic�hlc luw petmfts
<br /> ' ; ' � � I.endcr to make such n charge. However,Lender muy require 8orrowcr to pay u�nc-timc chur�c fiK wn inckpen�knt rcal
<br /> •���`" �`��"� �`�`' estate tax reporting service used by Lendcr in connection with thih IoAn,unless uppUcublc luw pruvldc�:�dlu:rwir:e. llnlcKS an
<br /> -�`S�;ti;��.r�E;�:,' ��` agreement is madc or applicable law requircs interest to be paid,Lender shull not be rcquired to puy Harrower uny inlerext or
<br /> _ „_ r .,�.,�'',~ eamings on the Funds. Bortower und I.ender mny agrcc in writing,hawever,thut intcrest rhull be puiJ un Ihe NutHlti. LenJcr
<br /> '"' ' ' shall give to Bonower,without charge,an annuul s�ecounti�g of the Fund.r•,xhawing crcdits und ckMts�o the Huncl�.uncl the
<br /> .�,.,,,' . .
<br /> ,�:_.� , � purpose for which each debit to the Funds wus madc. The Fimds urc pledYed as additionul�erurity fi►r ull�ums�ccurcd by
<br /> ..:�;,y,.__�_T. ✓ this Security Insdvmept.
<br /> . •. —� If the Funcis heid by Lender excced the amouncs permittcd co ix iuid by uppiicubic iuw, l.cn�kr �t�uit u�count ���
<br /> , Bonower for the excess Funds in accordance with the myuirements of applicable luw. If the�mount�d the Nuixl*Ixld by
<br /> Lender at any time is not sufficient to puy thc Bscrow ltems when duc, [.cndcr muy u►notify Horrower in writing,u�xl, in
<br /> such cuse Borrawer shull pay to Lender the amount necessury ro muke up the dcficiency. Horrowrr�hull muke up tlu
<br /> . deficiency in no mare thun twelve monthly paymcnts,ut Lendcr;u�le di+i:retion.
<br /> Upon payment in fuli of all sums sccureJ by thi�Security Inxt�wnent,Lendcr tihull pronipdy mt'und ��► N��rcuwcr�u�y
<br /> Funds held by[.ender. If,under pazagraph 21,l.ender shull urquirc��r rcll thc Pra�rty.LrnJrr.p�li�r tu�Ix ucyui�iti�n►ur
<br /> _� ' . salc of the Property,shall apply uny Funds hcld by Lender ut tBc time of ucyuitiitiun or�ulc u�u r�eJit uyuin�l ihc�umK
<br /> _ secured by this Security[n+trument.
<br /> �� � � 3. AppUcatton of Payments. Unleti� upplicublc law provtdcs otherwi+r, ull puy�ncnts mccived hy l.c��ler uuJer
<br /> - pwug�uph� 1 uuJ 2�hall ix upplieJ:first,tu uny prcpuyment churgr+duc undcr thc Nutr;�ec��nd,tu umuunt�4�uyuhl�unJcr
<br /> i,►� parugraph 2;third,to intcrest duc;fourth,to principul duc;und last,tu uny lu►c chargc.duc undcr thc N��tc.
<br /> ., 4. Charges; Liens. Bortower xhall puy ull tuxes, asscr.rmcnis, churge+, tinr� und imJx��itiun+ uUrihuluhlr to �ix
<br /> Property which may attain priority ovcr this Sccurity In.trumrnt,unJ IcakhuW puymrnt�ur gruund rent�, H�uny. Hurruwr�
<br /> , % shall pay these obli�utions in thc manner pruvidcd in puragruph 2,cir il'not paid in thut tnanncr.Hurruwer.I�uU puy thrm�m
<br /> time directly ro thc person owcd puyment. Borrowcr�hall prompUy furnitih tu l.rndcr all nuticr.uf un�uunt.to Ix pula under
<br /> � this parngraph. If Bonower makes these puyments directly,Borrower tihall pr�impQy 1'urni�h tu Lendrr rrceipt.rviikrkln�
<br /> ' � the payments.
<br /> Borrower shall prom{�tly dischurgc•rny licn which hati priurity uvcr thi+Srruriry In.trumrnt unlc�.linrruw�r:lul ugrr��+
<br /> `' in writing to the payment of the obligution securcd hy thc licn in a manncr ucceptable tu 1.enJcr:(Il)l'UtilCtilti�D�;�NN)IAIII)�Ill'
<br /> licn by,or defends ugainst enforrement uf thc licn in,Irgal pakccdiug+whirh in thc LcnJrr+upiniun u�xrutr tu pre��rut Uu
<br /> enforcement of the lien:or(c)secureti from thc holJcr uf tP�c li�n un agrcrmcnt.utitil'artury tu I.enJ�r+u{x�rdinuung the licn
<br /> � to this Security Instrumcnt, lf Lcndcr dctcrmincx that uny part of thc F'ro�xrty i�tiuhjcct tu s�licn wl►icl�muy ulluin p�iu�ily
<br /> • ! ovcr this Security Instrument,Lendcr may givr Honawcr u noticc idrntifying thr lirn. Nurruµ•rr.hull ,nti�ly thc Uen ur�ukc
<br /> � � I ane or more of the actions sct forth ubovc within 10 duys of the giving�if notirc.
<br /> � 5. Hazard or Property Insurance. Borrowcr�hall kccp thc improvcmcnt.nuw��xi.�in�ur hrnidtrr rrrrted un�hr
<br /> , , Property insured against loss by fim.h:vardti includeJ within thr t�rtn"cxtendrd ru�•rrage":ind any�uher h��r.�rJ�.includ�nE
<br /> ; , � i floods or flaoding, for which I.cnder requires insuruncc. '1'hi� imuranrr .hull hr nmint.►ined in thr ainuunt.am.l lur tbe
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