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<br />— �_ .` ,:,, __.:-_-� TOas'fHER W1TH all the impravements now or hereufter erected on the property,And all cascmcntx.appurtennrtces,and -.---
<br /> flxturc.s naw ar hercaRer u part af' thc propeny. All �+epincemen�g and udditions shnll also be covcrecf by this S�curlty
<br /> -- Instrumcnt.Ail af the faregoing�a r�eferred to in�this Security lnstn�ment as the"Property." -- --
<br /> BORROW�R COV�NANTS that Barrower ia lawfully seisai of the estatc hereby conveyed�nd has the right to grunt and
<br /> canvey the P�aperty and that the PropeRy!A unencumbercd, except far ensumbmnccs af recard. Horrower wnrrante und �vill
<br /> _ � defend genernlly the Ntle to the Property aguiast utl cluimg und demunds,subject to any encumbrm►ces af nxard.
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<br />- � TiiIS SBCURITY INSTRUMkNT cambines uniform co�enants for rtatianal ust und nan-uniCarm covenants wlth limitai
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<br /> variationa by jurisdiction to eonstitute a unifarm security Instrument covering reat prc,perty. -
<br /> UNIFOItM COVENANTS.Borrawer and L,ender cavenunt and agrect as fallawa:
<br /> ,'�: 1. Payment oP PrinclpAl und Interert= Prepayme�t and�ate Char�tes. Barrowcr shull prun�ptly pay when due the —
<br /> . Y principu!of und interest a»the debt evidenced by the Not�and any pmpayment und late charges due under thc Note. __—
<br /> 2. Funda Po�Tnx�and Insurance.Subject ta upplicable law ar to a w�itteii waivcr by I.ender. Borrower shall pay to ___
<br /> Lender an thc day monthly puyments are due under the Nate,until thc Note is puid in full.a sum("Funds")for:(u)ycarly taxes --°--�
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<br /> and a5se.csments which may attaln priarity over this Security Instrumen�as u tien on che Property;tb)yeariy icusehotd paymenGg ___
<br /> ' �'° or graund rentF on the Praperty,if uny;(c)yearly hazard or pmperty insurance premiums;(d)yearly flood insurwecc premiums. �-_ - �����_
<br /> �' ��`� �'� if a�y; (e)yearly mortgage insurance premiums, if uny;nnd(�o►►Y sums payable by Borrawcr to I.ender, in accordance with
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<br /> �' .��� the provisians of paragraph 8,in Ueu of the payment of mactSage insumnce premiums. These Items ate called �scrow Items. —.� --
<br /> l�� I.ender may. ut any tima. coilect and hold Funds in an amount nat ta exceed the mnximum amount a Iender far u federally �____�__
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<br /> reiated martga�e loan may requirc far Borr�wer's escrow accaunt under the federat Real Estute Settlement Procedures Act of �:�•�-
<br /> °�`-��°a�'� 1974 as umended from time to time, 12 U,S.C.Sectfon 2601 et seq. ("R�SPA"),unless another iaw that uppl3es to the Funds ��`�-�
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<br /> , r� • sets a lesser amount. If sa, I.ender muy. ut uny time. collect and hold Funds in an amount nat ta excerd the les�er amount. Yt h?':�"-_
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<br />- .�:-=' -"� � Lcrtder may estimate the amount oi runds due on the basis ot current data and re�uonable estinwces of cxpendicures of fuiure -.�
<br /> :, .,,� Escrow Items or otherwise in accordance with applicable law. . _'------
<br /> ��,���'�'�'��"'."" "' Thc Funds shall be held in un institutian whose deposits ere insured by u federul agency, instrumentulity, ��r entiry .:�'; __
<br /> - (including Lender,if I.ender is such an institution)or in any Federal Home[.oan Bank. I.ender shall apply the Funds to pay the F'. ____
<br />- _ �� ' •• '„ Eserow Item�.Lender muy not chArge Borrower far halding and applying the Funds,annuully anulyxing the escrow account,or :� :'�;. ,
<br /> �� vcrifying the Escrow Items,unlcss I.endcr pAys Bonower interest on thc Funds and appticable luw permits I.endcr to makc such �•�'� .;�;--
<br /> . a charge. Howcver, I.ender may require Borrower to pny u one-time chzuge for un indepcndcnt reul estate tax rc}xirti��scrvicc ,?" ?'
<br /> ' used by Lender in cannection with this loan, unless applicabk law provides athcrwise. Unless an ngreement is made or •
<br /> � applicable luw requires i�tcrest to bc pAid,I.cnder shAll not bc required to puy Barrower any intNrest or carnings on thc Fundc. �," ���'
<br /> , •� ,' ' ,= Anrn,wer and[.ender mny ugrec in writinF, howcver, thut inter��5ha11 be pnid on thc Funds. Lender shall givc to Bonower, : � ';�� :
<br /> • �vlthaut churge, un unnual accaunting of the Funds, showing credits nnd debits to the Funds und the purpose for which euch '
<br /> � � debit to thc Funds wci+made. The Funds arc pled�cd ati udditional security for ull rum+secured by this Security Instrument. :,:�
<br /> ;�;� ; If the Funds held by Lender exceed the umaunt�pem�itte.i tn be held by applicuble law, Lender shall accaunt to Barn�wer
<br /> ' for the exces;Funds in accordancc with the requirements of applicnble law. If the amount of the Funds held by L.ender ut uny , _
<br /> Nme is not sufficicnt to pay thc E�cmw Items when duc,[.cixicr mny so notify Borrower in writing,and,in such ru�e Borrower -__
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<br /> - _ .. . , � shall pay to I.ender the umount necessurv t�i mnke up thc deficiencv. Bo�rower shall make up the deCciency in no morc thar. ____��-_
<br /> �� '`� twelvc manthly payments.nt L.endcr's solr Jiscretion. '�'•+f'e i 9�E"
<br /> `. • � Upon puyment in full of all sums s��:urcd by this Sccuriry Instrument. I.endcr shall promptly refund to Borcowcr any r�=
<br /> � '�` � Funds hcld by L.rnder.If,under paragraph 21,L.cnder xhatl ncyuim or scli the Propeny. Lender,prinr to the ucquisition or sale °;i:ir.
<br /> � af the Prapeny, shall apply uny Funds heW by Lendrr at ihe timc of��quitiitiun c�r sule as u crcdit ugainst the sums secured by ; :'�`_-
<br /> " this Securiry lnstrumcnt. �`�
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<br />�. � 3.AppUcation of Payments. Unlesti upplirublc luw providc��thcnvisc.ull paynxnts reccivai by Lcixier undcr parugruphs .�,z�_
<br />" . ' 1 und 2 shall bc applicd: first,to uny prcpayment churgcti duc undcr thc Natc: scconJ, to umount�payublc undcr nurn�mph 2: �;�'��.
<br /> � third.to intcrest due; fiiunh.to princlpal duc;und la�t.U�any lutc chargc�duc undcr thc Notc. . ,�;�,
<br /> � ;.,i�'".• " � 4. Churg�;l.feas. Horrower�hall pay all tuxes.astics�ment.. churges, fines unci impotiitionti attributable to the Property ,,-,
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<br /> %;�..'-, _ which tnuy uttain priurity ovwr thia Sccurity (ti�trunicnt. uixi IcauhulJ puyment,or grounJ renb. il'uny. Burruwcr+i�ali pay • �:;,�;;� ,
<br /> i. thcse obligutinns in thc munner provided in paragr.iph 2.��r if not puid in that nwnncr, B��rro�vcr shull puy them on time Jircctly
<br /> ; • to thc peraon<�wcd puyment. Burrowrr tihuU p►�mipUy tornitih t���ndcr uU naticc���f umount�tu hc paid undcr thi,paragraph. ..r���
<br /> ' ' �� if Bnrcc�wer�nake�thetie p�yments dircctly,Bi�rro�cer�hal! prumpdY furnitih tu Lchder receiptti rvidctming the pa�•mm�tx. �
<br /> • , &�rrowcr rhall promptly ditirl�ar�c an}� licn�vhirh hus pri��rity ovcr thi+Scrurity Instrumrnt unlc+� Bnrr��Wrr. ta)agrcea in • '
<br /> � � writing tc�thr puymrnt of thc ubligutian.��urcd hy thr licn in a mannrr acccptahlr tu L�ndcr, lh)cuntr+t�in�;cx�d faith thc licn •
<br /> �� . ' � by, or defcnd+ aguin�t enf�irccnunt <�f thc ticn in. Iegxl pr<xccJ�ng� w�hich in thc I.rndrr'� apinian a{xrutr tci prevcnt the ..
<br /> � <, , enf<�rcement of the licrr,ur(�)�rcurcti frum thc holdcr nf thc lien�n agrcenunt�a�itit'artun•ta I.cndrr tiuM�rdinating thr lirti to
<br /> , thi�Sccurity In.trumm�t. if Lc�xlrr dctcrminc,that any part af d�e Pn��xrt} i� tiuhjcrt t�,a licn���hirh may attain priority ovcr ,.
<br /> ''•,' this Scrurity Intitrumcnt. I.�ndcr muy givc BurroNCr a nnticc idcmifying thr licn. &�rrciwcr.hall �ati�t'y the lirn i�r takc onc or
<br /> � � ; murc of thc actiun.r tict timh utxwc within IU duy+of thr gi�•ing ul'nutir�.
<br /> . � � Form 3028 9130
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