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<br /> -� ,. . ,
<br /> -�— ----_ � N��_:�,:� + 94- sa��
<br /> TOOE1'HBR W1TH dt the impmverr�aM�naw or ha�e�lter ecw.�ted on d�s property.�nd�!1 eaemenu��PPu�w��ntd
<br /> tixwres now or herafter a put of the proQaty. All repl�ewnans md ddlttonR .hdl �la M oownd by tbl� Mauitr
<br /> Inurument.All of the foregoing is retertnd to in thi�Security Irotrument�r the "Prnperty«
<br /> �OIt�30WBR QOVENANTS that Borrowet is IRwf�lly�i�ed uf the aute hereby c�onveyad and h�Ihe�i�ht w�roeM rnd
<br /> convey the Fropeny�nd tlwt tho Property is unet�mberai, axapt tw encun�brancei of ra�rd. �amriwr w�naiMs M1d will
<br /> defend generally th�titic to the Propecty a��inst di�Idnn md denund�,wbJxt w�ny e�xumbnutaea uf naxd.
<br /> TFIiS SECURITY INSTRUMENT aombinez unifnrm coveiwnt�for n�tion�l u�e K�xl twn•unifunn uorwuirMs witd liaillyd
<br /> v�riattarw by juriuliction to constilute t unifomt cecurity irolruma�t oove�iry real prnperly.
<br /> _- - --•�.� UNIFORiv�COVENANTS,Hornwrcr nnd Lender awenan�end�gnr r�fiilti►wx; ___
<br /> 1.Paymeat ot Princlpd �ad Iata�e�t; Pre�Yment snd I.de Chu�M, [bmower �II prumpt�Y MY whan dw th�
<br /> _. _ principal of and intercst on thc debt evideixxd by the Notc ind any prepoyment�nd I�te charQer due unJot the Nde.
<br /> 2.�nd� tor T�ces ar�d Inwraace. Subjxt ta applic,able law or tn R wrlltcn wxivcr by LenJer, B�xn�wrr�F�all �y to
<br /> I.ender on thc day monthly payments are due ander the Nnte,until the Nate is paicl in full,a wm("Fumin")fiir:(�)yowrly t�xa
<br /> and avsessments which may xtuun priodty ovcr this Socurity Inurumcnt ac�lien on the Pruperty;(b)yrarly lea�ehuld prymw�u
<br /> _ -j, or ground rents on the Property. if any;(c)ywrly ha�rard ar prapeKy insu�r prcmiums;(d)yearly Ou�xi fnxuama pramiunu,
<br /> - lf eny;(e)yearly mortgage lncurance prcmiums, if any;and(fl any sums plynblc by Hnm�wer tu Lendcr,in�c�nl�wx with
<br /> – thc praviaions of paragraph 8,in lieu of the payment of mcntgage insur+mre prcmiums.Tl�c�c ittnu arc udlexl 'E'.ic�mw I�emr.'
<br /> l.ender may, at �ny time, callect and hold Funds in An a�nount not to exceod the m�ximum �nxwnt a lender Cor w fwforylly
<br /> -_ — related mortguge laan may requiro for Borrower's escrow account under the toderal Rcal F�twte Sctdenxnt I'ra�odurcx Ikti nf
<br /> 1974 as amended from time to time. 12 U.S.C.Section 2601 et sry. ("RESPA'), unlesc ancKher Inw that�pplies tu the Fundi
<br /> �, seta a lesser amounr. If so, Lender rnay. ut any time, rnllect+u�d huld Funds in an�mnunt nut to ezreu! tix les�er�nxwnt.
<br /> Lender msy estin�ate the amount of Funds due on the bosis of current daw and re�wn�lstc r.cti�rwtcs af capc�xfiturci uf futuro
<br /> � ' Eccrow Itcros oi othcrwisc in accardancc with applicablc law.
<br /> +. , ;., The Funds shall be held in an institution whose deposits ure insurcd by a federul �grnry, in+trumentetity, ��r cntity
<br /> (including I.ender,if I.ender!s such an institution)or in Any Foderal Honu:l.oun Bunk. Le�xler shall apply the Furxi.to pay the
<br /> � Bscrow Items. Lender may not charge Borrower for holding and applying the Runds,�►nnu�lly wwlyr.in�t the�Krow wcc�wnt, or
<br /> ' ' 'J•''�"=����'` verifying the Escrow Items,unless I.ender pays Bareowcr intercst on the Fundx wxi applicuhlc law pcnnit�l.��ulcr to nwkr xu�h
<br /> . � a charge. However, Lender may requirc�n•ower to pay a onc-timc churge fiir an incicpe�xlent nu�ctitata t+�x r��xirting servire
<br /> r'�!°:;:;;
<br /> _ �,� ; `��,�;t,;�;`,�,yj�• used by l,ender in connection wich this loan, unless applicable law provides c>therwi.ce. Unless �n agreement is maJe or
<br /> ��5{�;•;•:`-�,;',''�:' appllcable law requtres interect to be paid. Lender shall not bc rcquircd to pay Borruwc�uny imerc�t or earningx on ibr Futxls.
<br /> _� ;wli�Y�+�fi��i,L�=»:•;'�,�".
<br /> . . Borrower and L.ender may agree in writing,hawevcr, that tntcrezt sh�ll be{wid nn thc Fmxix. I.endcr.hall givc t�►&�rrowcr,
<br /> " ' �'��•".. '� ± �� : withaut charge. an annual accountin�of the Fundx, showing credits and debits to the �unc1�und the purpa�e fi�r whinc�uch
<br /> — debit to the Funds r,vas made.The Funds sre pledg�d as:uldltions!sei:urit, for s!!susns zsxercd by ihfs Ssxarfs;lssstsusmni.
<br /> ���'' ' 1f the Funda held by L.ender exceed the amounts permitted t�i be helJ by appliruble luw. I.rixicr shull ucccwnt to&�rrowcr
<br /> for the excess Funds in accordance with thc requirements of upplicubic luw. If thc anxwnt of thc Punds hcld My L.cndcr ut uny
<br /> time is not sufficient to pay the Escrow hems when due,l.cnder nwy w notify Bnrrower in writing,mid.in.uch ra�c &rrmwer
<br /> shaU pay to Lender the amount necessary tn nwkc up the deficiency. Borrower chull nwke up the definicncy in no morc thiu►
<br /> twelve monthly puyments,at l.ender's u�lc discrction. --
<br /> Upon payment in full of all swns ,ecured Ny this Seeurity Instrument, 1.enJrr �hull prcnnptly rcl'mxi t�� &�rr�iwer any =_
<br /> _. Funds held by Lender.if,under paragraph 21. Lcndcr,hull acyuire��r kU the Pn��xny,l.r�xlcr,pri�ir tii the airyui�ition or�:tle
<br /> ;., of the Praperty,shall apply any Funds held by L.cnder ut the time of ucquisition or wlc ux u cralit uguinst the r�um�sccured by �,,-z.
<br /> _, ••�...,.,,: dua Sa:�.uiily I�1tit�utilCnt. �—
<br /> ;_�'' ' ' 3.Applicatton of Payments.Unlcti�applicablc law providcti othcrwix,ull payment.rccciv�til ny l.cnJrr wxlcr p•rr•rgraphs
<br /> �,h 1 and 2 shall bc applicd: first, to any prepuynunt rharges Jue undcr th�Notc: xcorxi, t�►unx�unh payuble unJrr paruEruph 2; �=r
<br /> � . third,to intcrest duc:faurth,to principal duc; anci lutit, to uny lutc churgcti duc undcr thr N��tr.
<br /> 4.Chatx;cg; I.iens. 13orrowcr sh•rll pay all taxc., n�.c�.mentti,char�;eti, tinc�aeu! im�xnitionti attrihuwblr ta Qic Pro�xrty ■-.�_
<br /> � which muy atwin priority over this Security Instrument, and Icai�rh��ld p:iymrnt, ��r�ruunJ rcnt+. if any. &�rn�wer .hull pay _ _
<br /> ; � , these ohligations in the manner provided in purugraph 2,ur if not paid in that manncr.Horc��wer�hall pay thrm on timr dirertly —
<br /> to the person owecl payment. Borrowcr tihull promptly furnitih ti�Lcndrr ul l nc,tirc.ol'amuunt.t��tx paid undcr thi�p•rr•rgrrph. e��
<br /> If Borrower ms�kes the�e pxymentsdirectl��.B��rrowcr�h,tll prontpdy furni�h t�� Ixndrr rrrcipt,rvidr�k•ing thr p:►ynknt.. �" .
<br /> • Bnrcowcr shull promptly dischurgc t�ny licn which hu�priority ovcr thi.S�curity In.trum�nt unl��.I3urc��wrr. �a1 agrrc� in
<br /> • writing to the puyment of the obligution secured by thr licn in a mannrr arccptuhlr a�L���xler;Ih1 runte+t.in g�xKl faith thc licn
<br /> , by. or defcnJs agulnst enforccnxnt af thr licn in. Irgal prcxreding� e•hich in thr [.rndrr'. ��piniuu u�xratr a+ pre�cnt thc
<br /> � t enforcement of the lien: or tc>secures I'rc�m thc hoW�r af thc lien an u�►��ment.ati.fartur� tu l.rnJrr wi�rrdinating thc licn tn F-
<br /> . thix Security Instrument. fl'Lcnder detcrmineti that any part uf thr Pru�krty i, suhjrrt tu u lirn Hhi�l�mu� :qtain pri��rit�•uvcr
<br /> -, this Sccurity Instrument, Lcnder muy givc B�irn�wcr a nutirr identilqin�thc licn. li„rr��Nrr.h:dl .:ai.ly �hr I��n,�r�ahr une or r.;"
<br /> � more of the uctions set farth abc�vc within l0 Jays uf ttir giving ut'nutire.
<br /> . Fam 3028 9I�0 �'..
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