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<br /> I 'I'0(38THBR WITH all the improvcmcnte naw or hereatter erected on the property.and a11 cnsements,appurtenance.g.and
<br /> �=a..�����i fixtures now or {iennftcr n purt af ths pmperty. Ail replacements nnd additians ahall ulsa be cavered by this Secarity � �_____..�__.__
<br /> ` �`—"""w�� Instrument.All af r,�a faregaing is referred ta in thlR Stxurity Instr�ment us the"Praperty.` __
<br /> — -- BORROWBR COVBNANTS thnt Borrawcr ie tuwfupy seised of the�ctata hereby convcyed and has the right to grant and �
<br /> convey tho PropeRy n��d that the Propecty is unencumbered,except fnr encumbrancxs of recorci. Borrower wnrrants and will —
<br /> ' � defend generalty the title to the Property against olt ciuims and demunds,subject ta any encumbranc�of record. --
<br /> ' �_ `— ---- .'.. "' THES SECURITY IN5'PRUM�Mf cnmbincw u�dfunn cov��uu�ls for nutiunai uae tu�d nuio-w�ifuru►cuvrna��tr with ii�niteai Q
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<br /> � ��_ _ � vuriuttons by jurisdiction to canstltute u uniform secudry in�trument cavering reat property. r -
<br /> ' UNIFORM COVSNANTS.Bonower snd Lender covcr�ant and agree ns fotlowR: —
<br /> s 1. Payment oi Principal and Intere�st; Prepayment and 4ute Charges. Barrowcr shell promptly pay when due th �__ _
<br /> ,� principat af and lnterest an the debt evidenced by the Note and any prcpayment and late charges duc under the Note.
<br /> ~ 2. Cunds tor Taxes and Insurance. Subject to appltcable law or ta a written waiver by I..ender, Barrawer shail pay to �-=�
<br /> '�y �'� ' I.ender on the day manthly payments are due under thc Note,untit the Note is paid in full,a sum('Funds")for:(a)yearly taxes �_;�'"��°'
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<br /> ����'�� � and aesessments which ma attain riorlt over this Securi Instrument as a lien on the Pm ert (b) ycar! leasehold a menta ��--
<br /> . • .��:`�_:<,.; i Y P Y �Y P Y: Y P Y '��,.:`.,�— -—,. _ -
<br /> . . � ��';,� I or ground rents an the Property.if any;(c)yearly hazarcl ar property lnsurance premiums;(d)yctuly flond Insurence premiums, �_.���_�
<br /> ;�r� �•_ • � If any:(e)yearly martgsgc insurance premiums. if any; and(� any aums puyable by Borrawer to L.ender, in accordance with �;: _
<br /> �� �•:::`;. j. .��. .., . � the provisions of paragraph 8, in lieu of the payment of mortsuse insurance premiums. These items are called "Esarow Items." �`' ``�'`
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<br /> "°� �"'° Lcnder may, at any time. coltect nnd hold Funds in an amount not to exceed the maximum amount a lender for a federally '""'�'o'�":H.'K�'"-- -
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<br /> �"��. .�i_`:` � related mortgage loan may require for Borrower's escrow nccount under the federal Real Estate Settlement Pracedures Act of �" -:r � ' _
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<br /> �� �. .,�••�.;� I 1974 as amended from ttme ro time. 12 U.S.C. Sectfon 2601 et seq.("RESPA"). unless anather law that applles to thc Funda ,,� :, �
<br /> ` r ; •' ' - '"' sets a lesser arnuunt. If'so, Lendcr may. at uny time, coltect and hoid Funds in an amount nat to exceed the lesxr amount. `
<br /> - '— -'"=�'•—�`� Lender muy estimute the amount of Funds due on�he basis of curc�nt daca and reasonable escimates of expenditures af fucure . --
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<br /> .: �� � . ;�� ' . . �,;i Pscraw Item.g or otherwise in accordance with applicable law. ', �'`,�
<br /> � =�� The Funds shall be held in an institutton whose deposits are insured by a federal agency, instrumentality, or entity !���'�Y
<br /> � '�`:�}'` mcludin [.ender.if Lender is such an institution)or in an Federal Home Loan Bank. I.ender shall a 1 the Funds to a the "
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<br /> ° . .. . .� � i Escrow Itema. I.ender may not charge Borrower for holding und applying the Funds.annually nnalyr.ing the escrow account,or --
<br /> verifying the Escrow Items,unless Lender pays Bonower Intcrest an thc Funds mid applicablc luw permits l.endcr to make such .� - _
<br /> ;; ,, � a chargc. However, L.ender may mquire 8onower to pay u one-time chargc for un indepcndc�t rc�l estutc tax reporting scrvicc •� `;,�:..
<br /> �� ' used by i.ender in c�nnection with thiF lonn. untess npplicuble law provlde4 otherwisa Unlesr un u�recment i+ msde or ° -_
<br /> iapplicnble law mquires intcrest to bc puid, I.endcr xhuU nat bc rcquired to puy Barr�►wcr uny intcrest �ir es�rningti�in thc Fundw. . . �'•' - :
<br /> : ° .• ( Borrower Atxl l.ender n�sy ugrce!n writing,however,thut intcrest shull be puid on thc Funds. Lcnder shalt givc t�i Rorcowcr. `�
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<br /> ' uiilusui rhargc. as anau�! accou�tlag nt'thc Punds, shr�wtog crcdits and dcls3ss tc3 the f anda aad ti�e pu�x�,e f�zr wi�ich each "`
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<br /> debit ta the Fundx w�s mudc.The Funds urc plcdgcd us udditianul tiecurlty for ull suma secun:d by this Securlty Instrument.
<br /> �� : I If the Fund.r•held by I.ender cxcecd thc umounts permitted ta be hcld by applIcablc luw. Lendcr shall acc�unt to aarrower
<br /> for the excess Funds in arcordunce with the mquirements��f applirubic luw. If the amount of the Fundx hc(d by L.ender at uny
<br /> . � time is not aufficfent to pay the Escrow Items when due, Lender may so notify Borrower in writfng,and,in such case Borrower ' ,.
<br /> . � shall pay to L.ender the amount neces5ury to make up the deficiency. Borrawer shall make up the deficiency in no more than ___.:..�._ _____
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<br /> ' twelve munthly pAyments.at I.endcr's xolc dixcretion. �
<br /> Upon payment in full of ull sumti secured by this Security instrument, Lender shull promptly refund to Borrower any
<br /> Funds held by I.ender. If.under paragruph 21, L.cndcr shull acquirc or scll the Property, Lender,prior to the acquisition or sate �u
<br /> of the Property,shall apply any Funds held by L.ender ut the time of arquisition or sale ar a credit against the sums secured by . �
<br /> � • thfs Security Instrument. ' � '° '�
<br /> � 3.A Iteatton of Pa mente.Unless a licuble luw rovides otherwise,all a ments received b I.ender under ara ra hs , �_�`
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<br /> PP Y P P Y � P Y P' S P s s'� ,... �—=
<br /> „ I and 2 shali he a IIed; first,to nn re a ment char es duc under the Nate; recond, ta unniunts a able under aru ra h 2; ;�w
<br /> third,to interest due;fourth,to principsl due;und lASt,to uny late churges due undcr the Notc. � ��"�"� "'�
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<br /> � .. 4.Cher�es; Liens. Borrowcr shall pay ull taxes,assessments, ehurgcr, fincx und impcnitions attributablc ta thc Property —
<br /> . - •- � which m�y attain priarity ovcr this Sccurity Instrumcnt, and icaschald papmcnts nr gmund rents, iF any. Bczrrowcr shall pay ' . ---- -
<br /> " . these obilgutions in the manner pmvid��d in parugrnph 2,or if not paid in that munncr.Borrower shall pay them on time directly ��
<br /> to the persan owed puyment. Borrower shnll prumptly furnish to Lender all notircti oT nmornts co hc paid under this paragraph. � �;=�
<br /> If Borrower mukes thesc puyments directly, Borrowcr shull pr<�mptly furni�h to I.,endcr rcceipts cvidencing the payments. �. . •t
<br /> ,. Borrowcr shall promptly dischurgc any licn which hu�prioriry over thi.Sccuriry Instrumcnt unlc,�Borrowcr. ta)agr�es in ;. �� � :;��:
<br /> writin�to the payment of the obligation serured b��the lien in a manner ucceptahie tu Lendcr;(h)contests in go��d faith the lien ° i_
<br /> .� • ° by, or defends aguinxt enforcement of thc lien in, Icgal pnkecJing.r whirh in thr Ixndcr'ti c�pinion operatc to prevent the
<br /> , enforcement of the lien;or(r)secures from thc holdcr of thc licn an ugrcement +ati.fact��ry tc� I.cnJcr+uburdinating thc licn to � �.�
<br /> , this Security In�trumem, If Lender detcrmincs thut any part uf thc Pruperly is,ubjcrt to a licn whirh muy attuin pricirity over � � a��
<br /> � this Security Instrument, Lender may givc Bnrrawer u n��tirc identil'ying thc lirn. BurroH•cr shull satitify thc lirn or tuke ime or � y
<br /> �� more of the actions set forth abovc within 10 duys of thr giving uf nc�ticc.
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<br /> f Form 3028 8190 i
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