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<br /> roae�rNex wrrH�i�i ��w�W a n�«�aea on�ne i012�i
<br /> mp�O aopercy..nd W►e.�a,nent.. �pp�a�s.�oa
<br /> Axturot taw or hererAer a p�rt of the property. All repl�nu and �dditio►n �11 da be oovu+a! by thi� 5ewui4Y
<br /> fmtrument. AN ot the fot+e�oin�is�+eferrod w in tld�Secudty i�utrunxnt is the"Property '
<br /> BORROWBR C.`OVBlVAN'1'S th�t Bort+nwer i�lawfldly�d�ed ot the eu�hc�eby aonvryed�nd!w the rlaht to�r�nt md
<br /> oonvey the.Proparty and th�t the Property i�unencumberad. ezctpt for axumbnnca of tecord. Borrower warr�nts md wW
<br /> dafad�rnenlly�he�ide co�he Propeny�ainu dl cl�ms,nd der�,w6ject to iuty encumhcmcri of roeo�d.
<br /> THIS SECURITY INSTRUMeNT cambinea uniform cavcrunta for nuional usc md ron•uniform covaunt�wi�h liraitod
<br /> vuiuion�by judsdiction w oonultute a uniform socudty irwrument covering rcal property.
<br /> - � -- UNIAORM COVENANTS.Borrowcr:u�d l.c�uicr wvt�wu�tu1 ayrcc�+r�fi�lluwc:
<br /> 1. Prymeat at Yriadp�i�ad Intaati PKW3'p�eat aud l.ate Clu�r�a�. Borrowct st�Jl prumW�Y PoY when d�e the
<br /> pdncipal of and interest on the debt evldenced by the Note and wiy pr�payment and lete chu�es due undu the Note.
<br /> 2. Fundo tor Taxeo and lnsuranue.Subject ta applicable law or to a written w�iver by l.ender,Borrower tlWl p�y to
<br /> Laxler on the day nwnthly payments uc�iue under the Note,until the Nate is paid in full,a wm("Furuis') for.(a)yearty wces
<br /> and�sesaments which may attain priority over this Socudty Instrument as a Nen on the Property; (b)yeuly laaehold paymaus
<br /> or ground rents on the Property,if any;(c)ycarly h�zac+d or propcny insur.mce premiums;(d)yearly floal insurance premiums.
<br /> if any;(c)yearly mortgage fnsurance prcmiums, if any;wxl(�any sums Qoyable by Borrower to Lender. in acxordancc wlth
<br /> the provisiam of paragraph 8, in Ifeu of the pzyment of mortgage insurance premiums.These items are called"Escrow Itema."
<br /> Lender mny,at any time, rnliect an�l hold Funds in an anxwnt not to excad the maximum amount a lender far A fodcnlly
<br /> rcloted mortg�ge loan may ra�uire for Borrower's escrow account under the faferal Real Fstate Settlemeni Procalures Act of
<br /> _ 1974 as amendtd from timc to timc, 12 U.S.C. Section 2601 et seq. ('RESPA").unless aiwther Iaw tMrt applies to the Funds
<br /> __ = sets a lesser amonnt. lf so, l.ender may, et any time. coqect and hald Funds in an amount not to cxceed the lesser arnount. —
<br /> _- . Lender rt�y estimatc the amount of Funds due on the basis ot'current data and reasonable eFtimAta af expenditu►es of fuwrc �
<br /> - Escrow Items or otherwlse in accordance with applicable luw.
<br />-_ �., � 4,, :� The Funds shall bc held in an institution whose deposits arc insured by a fed�ral agency, instntrncntality, or entity
<br /> (including L.ender,jf Lender is such an institution)or in any Fedcral Nonie Loan Bunk.Lender shull upply the Funds to pay the
<br /> . Escrow Items. Lender may not charge Borrawer for holding and applying the Funds,amivally analyxing the escrow account,or
<br /> '�'��� ����~'- ''{ j verifying the Escrow Items,unless L.ender pays Borcower interest on the Funds and applicable law permits l.er�der to make such
<br /> �.°
<br /> „ ; ,�;� �.�y� a charge.Howcver,Lender may require Bonower to pay a one-timc charge for an independent real estatc tax rcporting service
<br /> �jr��`•��'�•�.� used by Lender in connection with this loan, unless Applica6le law provldes otherwise. LJnless an agreement is made or
<br /> �'��� �'�-�!�;,' '':;-.� � applicablc law rcquires interest to be puid,Lendcr shall not bc required to pa��Borrower any intcrest or earnings on the Funds.
<br /> �,..,�,:�:•;.
<br /> ''T� �' ���•�� '''��'� � Borrower and[.endcr may agrec in writing, however. that interest shall be paid on the Funds. L.ender shall give to Botrower.
<br /> . ,'}.•. . 5. . _ ._,
<br />- �' ��v without charge, an unnual accounting of the Funds, showing credits and debits to the Funds and the purpose for which exh
<br /> - „i„�.;�„�;.;;-M..., �icbit to ti� Fuixts wn�nwde.T'1�r Fuud,arn pircfgcd u..uJditionai xecurity ior aii sums secured by this�ecurity Instrument.
<br /> =�`.�• � If the Funds held by Lender exceed the amounts permitted to be held by applicable law, I.ender shall account to Borrower
<br /> , �. ' for the excess Funds in accordance with the requirements of applicable law. If the umount of the Funds held by Lender at any
<br />_ ,... time is not tiufficient to pAy the Escrow Items when due,Lender muy so notify Borrower in writins,und,in such c�:se Bc�rrawer =_..
<br /> • �� • • shall pay to Lender the amount nccessAry to make up the deficiency. Borrowcr rhal! make up the deficiency in no more than
<br />- � _ twelve monthly payments,ut C.cnder's sole discretion. _- _
<br /> . . Upon payment in full of all sums ticcured by this Security h�strument. Lender shull promptly rcfund to Borrower any
<br /> Funds held by L.ender.If,under paragrAph 21,I.cnder shall acquim i�r scl l the Pruperty.L.enJer,prio�to the acquisition ur sale
<br />____ • " of the Pmpc�rty,chs�ll :ipply any Fundc held by f�rxier at the time�f'acquitiiti�n nr.�ilc as a crcdit egainu the sums�cxured by ____
<br /> =+� this Security Instrument.
<br /> ��' : 3.Application of Payments. Unless•rpplicablc law providc�ntherwisc,all payment,reccivcd hy I,cndcr undcr parAgruphs
<br /> ( and 2 shall be upplied: fir�t, to any prepayrnem rh:►rgcti duc wider thc Notc; ,cconJ,to am�untti payublc under paragraph 2; ��-�
<br /> ' third,to intcrest duc:fourth,to principul duc:and last,to any latc chargr�duc undrr thc Note. �`-
<br /> . • , 4. Chutg�.w; Ltenst. &�rrowcr�hall pay all taxcti,atisc�timcnt�, churgc+, fincti and im�x��itions attriMttublc to thc Praperty �-
<br /> " which may attain priority ovrr thiti Sccurity Instrumrnt, and Ica,chulJ p:rymcnt���r gruund rent,, if auy. &irrower ,hall pay ��
<br /> ° these obligutions in the manncr providrd in puragruph 2.��r if n��t paid in that manner, Bor���w�r�hall pay th�m on time directly
<br /> to the pera>n owed p�yment. B�irrower tihall promptly 1'urni.h t��I.cndrr all notice.ot'umountti to tx paid unJer this parrgraph. �'
<br /> _ • , If Borrc�wcr makcs thcsc paymcnts dircrtly.Bc,rrc�wcr tihall pramptly fumitih tu LrnJ�r re«iptti cvi�cncing Ihc paytnenls.
<br /> , Borrowcr xhull prompdy di�chargc any licn whirh ha.pric�rity c��rr thi.Scruriry In�trumrnt unlc.�Borruwcr:(u)agrces in �,'"
<br /> , ` writing to the paymr�u uf�hc ubligutiun�rcurcd by thc licn in a manncr acrrpiablr a, Lcn�cr. �h�cont�st,in g�xxi faith thc licn �
<br /> ' ' "� by. or dcfcnds ugaintit cnfi�rcemcnt ��f thr licn in. Icgal pror�rding+ whirh in thr I.cnJrr'. opiniun o�x ratc to prevcnt thc �,'�
<br /> ,�;,�,s.�. enfurcemcnt of thc licn:or(c)sccurcti Trum thc huldcr af thc lieu an agr�cnicnt �ati.t:�rtor��t�� I.cnJ�r ,ulx�rJinatimt thc lien to �1:-
<br /> • this Security Instrument. If Le��der detrrminr.that any pan al'thc Pruprrt�•i..uhjcrt tn a lirn whirh ma�� attain pric�rity over
<br /> this Security Intitrument. I.endcr may givr Burm�►•cr:i notirc i�l�ntif�•in� thr lirn. H��rro���rr.hall .ati.tj thr licn �ir takc onc or
<br /> .4� � '� more of thc actions sct forth above within 10 days��f the givin�uf n��ticr.
<br /> � ' � Form 3028 9190
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