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<br /> � '��.�'.•°-"^"`� T(Xi�THER WITN all the{mprcwcmencs now on c�rcaRcr erected an thc property,nnd all ea::�ment�,appurtenanccs, _ ____
<br /> - `'��?��� ` nnd fixtures now nn c�raufter a pnri aithe pmperty. All repincemcnts und ndditions xhalt ulsa bc covcred by thix Security
<br /> In�trumeni. Ail oi the foregofng i»referred to in tAis Security lnatrument r�»the"Property."
<br /> pORROW�R COVBNANTS that Bormwer is tuwfully seised of the estate hereby convoysd nnd hea the dght to gr�uit
<br /> --;; und convey tho Piu�city nnd thut tho Prapc.rty is unencumbrred,excapt for encumbrnnces of recnrd. Borrower warrome nnd __
<br /> � ���,��� wfli defend generally the dtle to tho Property aguinat all clafmR and demends,subJect to any encumbrances of rceord.
<br /> :� THIS SECURITY INSTRUMBNT c�mbine� uniform covenunts for nuttannl use nnd non•unifarm covenants with r ------ ,--_
<br /> ;� Umited vuristions by Judadictton to constitute n uniform secudty inswmentcovering reul property.
<br /> � r�. '.•��� ,��n. UNIFORM COVBNANTS. Horrower and Lender covenant and agree ss fallows: _
<br /> ��y��.�,,;;� 1. Pwyment of Princlpal And Interest;Prepayment and Lete Chargea Sarrower ahaU promptly pay when due the `
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<br /> � �}�.,�-�.:.;.;.� pdncipal of and lntereat on the debt evidenced by the Note and any prepuyment und late charges�ue under the Note.
<br /> r,�,ti.�::;�a.�;,,�:•;:: 2. �nda tor 7bxes and iasuranee. Subject to applicable law or to a wrltten waiver by I.ender.Horrower shall pay to
<br /> � •• [.ender on the day monthly puyments nre due under the Note,untll the Note is pald in full,a sum("Funds")for:(a)yearly
<br /> � �� ' �.� '�� b earl leasehold
<br /> ..:i�• n•..'�. t`:. ' tnxes nnd assessmenGg which may attuin prtortty over this Security Insuumont as a lien on the Property;( )y y _
<br /> - ' payments or ground ren�s on tha Property, if any; (c) yearly hazard or property insurance premiums; (d) yearly flood
<br /> ��T �� jnsurance premiums,if any; (e)yearly mortgage insurance pramiums, if any: and (t? any auma payable by Borrower to
<br /> f� ,f' . � � Lender,in uccordunce wtth the provisions of parngrnph 8.in lieu of the payment of mortgage Insurance premiums. These
<br /> ' - items urc culled"Escrow Itema.' I.ender mny.at any time,collect end hold Funds in an amount not to exceed the maximum
<br /> �': amoum u I�:nder fot a federally related monsage loan may require for Borrower§escrow account under the federal Real —
<br /> � � � Estste Settlement Procedures Act of 1974 as amended fmm dme to tfine, 12 U.S.C.§2601 er seq.("RESPA").unless anather
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<br /> � ' � '' law that appiies ta the Flmds sets u lesser amount. tf so,Lender may,at any time.collect and hold Funds in an amount not to `
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<br /> exceed the lesser amount. Lender may escimace che amoun�of Funds due on the basls oi current data and reasona Ie
<br /> � ' ' estimutes of expenditures of future Escrow Items or otherwise in accordance with applicable law.
<br /> The Fnnds shall be held in an Instltution whose deposlts are insured by a federal agency,instrumentality.or endty
<br /> � � (including Lender,if Lender is such an institudon)or in any Federal Home Lc�an Bnnk. I.ender shall apply the Funds to pay �-__-
<br /> the Escrow Items. I.ender may not charge Borrower for holdin�and applying the Funds,annuaily analyzing the escrow �l.:_
<br /> account, or ver�fying the Escrow Items, unless Lender pays Borrowet interest on the Funds and applicable law permits ��,_`
<br /> ' Lender to make such a charge. However. Lender may requtre Boaowet to pay a one-time charge for an independent real �,,_
<br /> . � estate tnx reporting scrvice used by Lender in connectlon wtth this loan,unless applicable law provides atherwise. Untess an �;;,-
<br /> agreement is madc or appllcable luw requires intcrest to be paid,Lcnder shall not be mquired to pay Borrower any Interest or �t,.__ _
<br /> • eamings on the�nds. Borrower and I.ender may agree in writin�.however.that Interest shall be peld on the Funds. Lender — _
<br /> shalt give to Barrower,without charge,an annual accounting of the Funds,showing credits and deblts to the Funds and the ��
<br /> ' � purpose for which each debit to the Funds was made. The Funds arc pledged as additionnt securlty for all sums secured by ,f�•:�- .�
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<br /> -- thts�ecurity Insaument. �"-
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<br /> If the Funds held by I.ender excced thc amounts permiued to be held by applicable law, Lender shatl account to �'�
<br /> � • Borrower for the excess Funds in nccordance with the requirements of applicable law. If the amount of the Funds held by �,.�:,,;
<br /> Lender at Any time is not sufficient to puy the Escrow Items when due,Lender mny so notify Borrower in writing,and,in ',,��
<br /> • such case Borrower shall pay to Lender the amount necessary to make up the deficIency. Borrower shall make up the :,,.+:N.
<br /> ' de�clency in no more than twelve monthly pnyments,at i.ender'.s sole d[scretion. _
<br /> Upon puyment in full of all sums secuned by this Security Instrument. Lender shall promptly refund ta Borrower any „
<br /> .. Funds held by Lender. If,under purngrnph 2I,Lender shull acquire or sel� the Property.Lender,prior to the acquisition or
<br /> �� ' sale of the Properry,shull upply nny Funds he(d by Lcnder at the tlme of acqutsition or salc as a credit against the sums
<br /> secured by this Securiry lnstrument. .
<br /> 3. Application of Puyments. Unless upplirablc law provides otherwisc, nll payments received by Lender under
<br /> _ �, . paragraphs 1 and 2 shall be npplied: fint,to uny prepayment charges due under the Note;second.to amounts pAyable under ���w
<br /> , •,, puragraph 2;third,to interest due;fourth,to principal duc;nnd last,ro any lute charges due under the Note. �.:�,�T�-,�_
<br /> 4. Charges; Liens. Borrower st�all pay utl tuxes, assessmcnts, char�es, fines and impositions nttributablc to the , ,.� .��"�;
<br /> Property which may attain pr�oriry over this Security lnstrument,und leasehold puymentti or ground rents,if any. Borrower " . '�%�+�'�
<br /> . • shall pay these obligntions in thc manncr provided in parugrnph 2,or if not paid in thut manner,Barrower xhall puy them on . , ;
<br /> � time directly to the percnn�w�d p�yment. Borrower sha11 promptly furnish to[.cnder ull notices of amaunts to be patd undcr .. .
<br /> ' this paragraph. If Borrower mukes these puyments directly,Borrower shall promptly fumish to Lender rece�pts ev�dencing
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<br /> �, the payments.
<br /> Borrower shnll promptly discharge any lien which hns priority over this Security Instrument unless Borrower:(a)agrees
<br /> in writing to the payment of the obli�ation,ecured by the lien in a manner acceptable to Lender;(b)contests in good fuith the
<br /> lien by,or defends agninst enforeement of the lien in,le�ul proceedings which in the Lender�opinion operate to pmvent the
<br /> � enforcement af the lien;or(c)secures frum the holder of the lien an agreement satisfa�tory to Lender subordinuting the lien
<br /> ' to this Security Insuument. [f Lender determines thut nny part of the Property is subject to a lien which mny uttain priority
<br /> • ovcr this Seeurity Instrument,Lender may give Borrowcr u notice identifying the lien. B�rrower shall satisfy the lien or tukc
<br /> ' ' � one or more of the actions set forth above within 10 duys of the giving of notice. •
<br /> S. Hezard or Pcoperty Insurunce. Borrower shnq kcep thc improvcments now existing or hereafter erected on thc
<br /> ' Property insured a�uinst los�by fire,hazards included within the tertn"extended coverage"und uny other huzards,including
<br /> � ' floods or flooding, for which Lender reyuires insurance. This insurunce shall be muintuined in the amounts and for the
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