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<br /> 'liOC3�THFR WCTH alt ef�e tmprovaaeau now a heraRx aacted ar the pcapaty.�nd all eareawov���
<br /> �nd fGcdu�a aow a l�aaRa a p�t of the popaty. AJl repleoemenu�ad dditiau thaU abo be cava�ed by d�S�cmitY
<br /> lOMf11m011t. 1�Of ft10 f010�Q�11 fO�Alq�b jO l�i$OCI1f�.j0{�II�OOt�150"�y�
<br /> BORROWER COVBNAIVTS th�t Bo�+owec is 1�w�Wly tei�ed of the eat�te heneby ooeveyed and has the d�t w Q+�ot
<br /> - �ad convey the Piv�xrty and�h�t the Prdperty Is Wncacwnbesrd,except for eucumbt�uces ef rxord. Harower wetraex+and
<br /> will defeM�ly the title to tbe Pmpetty�aiau�11 cWms�nd demmds,wbJax to�ny a�cum6rMCa of rocord.
<br /> 17dIS SECURITY INSTRUMENT oombina uatfam covaana far nsHaut u�e �nd non-ud[am oovenu�t� wlth
<br /> �-�---�--�_� IitrdDOd veti�ons by juri�dicticm to conetitute�unifcxm xcurily imhument rnvering real p��npeKy.
<br /> — UN�ORM COVBNANTS. Bamwa aod I.endu�ovenant aod a�roe aa foUows:
<br /> - - 1. Paya�t ot Priodpd�ad Iatec+nti��aod I.�te Clu�e�. Barowa stWl p�+nmpdY WY whea due Il�e
<br /> pciaeipwl of aad interest oa the debt evidax.�ed by the Note and anY per.p�ymer►t and late chargec doe iu�der the Note.
<br /> 2. k'usd�[or 71�ut�ed Iratr�. Subject w Applicable law or W a wrltten waiva by Lenckx.Bamwa s1utU pay w
<br /> Lu►der on the day moathlY PaYments ue duc ua�er the Note.uatil tt�e Note is pdd ia fuU.a aum("Ii�nda")fcx:(a)Y�Y
<br /> taaes afld assessmeats whieh may att�ici priority over this Security Instiument as a lien on the Propaty:(b)Yeady kaKtald
<br /> P83'�nts or gnwnd �rnts on tt�e Property. if any: (c) Yeariy hazprd ar prc�perty insuronce pt+emiwns: (d) ycarly flood
<br /> insurance pnemIum�. if any� (e)Yearly cnatgage Iaaurance pe�emiums� if any: �nd(� anY � P+EYabk by Han+uwer w
<br /> La�du.in acco�dance wlth the provistons of pa�agraph 8,in liea of the paymeot of moctgage insanu�ce premiums. These
<br /> items are called"Escrow Iums." l.ender aaay.at any dnne,collect end hold Rinds in w amount not ro excood tbe maximum
<br /> amount a lender for a federaUy rclated mortgage loan may rcquire fa Bomnwer's esc�ow account unda�the fedenl Real
<br /> Fstate Settlement Procedunes Act of 1974 as amended from time to time,l2 U.S.C.$2601 et srq.("RESPA"),unirss anot!►er
<br /> law that applies w the FLnds sets a lesser wmounG If so.I.ender may,at any dme,collxt and hold Funde in an amount not to
<br /> ° __ __ excoai the lesser amounG L.ender mxy estimate the amount of R�nds due on the bavis of curnnt data u�d reasauble
<br /> -•''� estimates of expenditnres of future Escrow Items or aherwise in accordwnce wjth Applicable law.
<br /> ���j'I The Funds shall be held ia an imtitution wha�e depcuits aze insured by a federnl agency. inswmentality,or eatity
<br /> (including Lender,if Lender is such an institut3on)or in any Federal Home Loan Bank. Lender shaU apply the Punds W pay
<br /> the Escrow Items. Ixnder may not cherge Bocrower for holding and apply[ng the Pt�nds, annually analyzing the escrow
<br /> ' � accoun� or verifying the Escrow Items. unless I.ender pays Borrower interest on the N»nds and applicable law pem�its
<br /> ;, Lender to make such a charge. However.L.ender may nequirp Borrower to pay a one-time charge for an independent rcal
<br /> ;� estate tax reportjng servlce used by Lender in connecdon wlth this lou�,unless applicuble 1Rw provides otherwlse. Unless an
<br /> - ' abmeement is made or applicable law requic�es interest to be paid,Lender shall not be requlred to pay Batrower any interest or
<br /> :,, �. ,. camings on thc Plmds. Borrower and Lender may agree in writing,howcver,that intercst shall be paid on the Funds. Lender
<br /> -- shall give to Borrower,without charge,xn annual acwunpng of the Funds,showing c�edits and debiu to the Funds and the
<br /> `^ s ��� p�upose for which exh debit to the Funds was made. The l�nds are pledged as addidunal securiry for all sums sxured by
<br /> : ��,��
<br /> �z�`'','��•.. this Security Instrumept.
<br /> _ - ;.s�°,�.�.:.••:�.;.�, ;.;- - If the Funds helt3 b; Lander sxcted ttle amounts pesmitttd te be held by �p�.+licablP law, I.ender�hall account to .
<br /> , ,.;,::: ' Borrower for the excess Funds in accordance wlth the requirements of applicable law. If the amount of the Fuads held by
<br /> , ° Lender at any dme is not sufficient to pay the Escrow items when due,Lender may so notify Borrower in wridng,and,in
<br /> ' such case Borrower shall pay to L.ender the amount necessary to make up the deficiency. Borrower shaU make up the
<br /> .°,,_ . :�;_�, dcficiency In no mare than twelvc monthly paymcnts,at Lender's solc discretion.
<br /> ,�j_�;,•.° '". Upon payment In fuD of all sums secured by this Securiry Inswment,Lender shall prompUy refund to Bortower any
<br /> •a•�+•�r..• �•�.. Funds held by L.ender. If.under paragraph 21.Lender shnll acquirc or scll the Property.Lender.prior to the acquisiuon or
<br /> . sale of the Property, shall apply eny Funds held by Lendcr at the time of acquisition or sale as a crcdit against the sums
<br /> : , ,' securcd by this Sccurity Inswment.
<br /> �: Y 3. Application ot Payments. Unless applicable law provides othenvise, all paymentc crxeived by Lender under
<br /> - " . • paragraphs I and 2 shall be applied: first,to any prepayment charges due under the Nnte;second,to amounts payable under
<br /> �"" ' paragraph 2;third,to intcrest due;fourth,to principal due:and last,to any late charges due under the Note.
<br /> 4. C6arges; I.tens. Borrowcr shall pay all taxes, asscssments, charses, fines and impositions attributable to the
<br /> Piroperty which may attain priority ovcr this Security Insuument,and Icasehold payments or grcwnd rcnts.if any. Borrower =
<br /> ' shall pay thcse obligations in the manner provided in paragraph 2,or if not paid in that manner,Borrower shall pay them on
<br /> ' ` time directly to the person owed payment. Bormwer shall promptly fumish to Lender all notices of amounts to be paid under _
<br /> . this par�g�uph. If Borrowcr makes thesc paymentc directly. Bormwer shall promptly fumish to Lendcr receipts evidencing =_ .
<br /> ' thc payments.
<br /> ' Borrower shalf promptly dixharge any lien which has priority over this Security Intitn�ment unless Borrower.(a)agrees -
<br /> � in writing to the payment of the obligation securcd by the lien in a manner acceprrblc to Lender;(b)contests in good faith the
<br /> � . - lien by,or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion operate to prevent the �
<br /> enforcement of the lien;or(c)secures from the holder of the lien an agreement tia�isfactory to I.ender subordinating the lien
<br /> �� � �� to this Security Inspvment. If Lendcr dctermincs that any part of thc Nroperty is subject to a lien which may attain priority
<br /> �'"�''� over this Security In.r•wment.Lender may givc Borrower a notice identifying the lien. BoROwer xhall satisfy the lien or take =
<br /> �; A one or morc of thc actions tict forlh ahovc within 10 days af thc giving of noticc.
<br /> S. H�aed or Property InsurAnce. Borcower shall kecp thc improvements now existing or hereafter erected on the
<br /> Property insumd against lo�s by firc,har.ards included within thc tern�"cxtendcd rovcrage"and any othc�hazards,including -
<br /> � � : floods or flooding, for which Lender requires insurance. Th�s insurance shall t►e maintained in the amounts and for the
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