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<br /> - �YM���Y ... . .�..� —. - - _——_
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<br /> � '�.�.�'-�-""�2'.IDY�I OR'��Atl
<br /> a:�:�e:�.:...�.�' TOt}ETHER Wl'i'H nll the imprnvemcntR naw ar hereuftcr erccteQ an tho property,und�Il cascmcntfi appurtenuncea.and
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<br /> __ • ;t� fixtures nuw ur hercaAcr u part of thc prapeny. All rcpinccmentR und addlti�nK �hal! also bc covered by this Securlty _______ __ _
<br /> lnstrument. A�I af the faresaing ia referced tc�in this Sccurity lnstrument u»thc"Property.' ----..-.-----.
<br /> BORROWER COVENANTS that 8anower is Inwfully�eiscd nf'thc estute hcreby canvcycd und hus the rfgttt ta grunt und
<br />= � �'�e' canvey the P�aperty and that the Property iK unencumb�red,except for encumbruncex of�crnrd. Borrower warrunts und wiil
<br /> ' r � �1 r�� defend generally the titte ta the Prapeny against all claima nnd dernande,subJect ta uny encumbeunce�af rccord. _
<br /> "�"`"""` �;."=° THIS SBCURITY 1NSTRUMENT rambines uniform cavenant.r for nationul u�c und nun-unifi►rm cuvenunts wlth limited �-=- �� --- - -
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<br /> : . "^ ,�4 .;k_t..;..r� varfationa by Jurisdicti�n ta canstitut�a u��ifur►n heuurity inhtrument c�wering re;il praperty. G =_=-
<br /> " •' '�"• UNIFORM COVENANTS. Banower nnd L.ender covenunt und ugree as followx: �
<br /> ��� �� � � 1. Payment At Principal and Inter�tt �Puyrnent and i.atc GharQes. 8arrowcr shull prc�mptly pu/ when due the �"-
<br /> � F��^�'�:---°.s c�-.�,_,.:--
<br /> , ' pdncipal af and lnterest on the debt evidenced by the Note und u�y prepayment und late churgea duc under the Note. �rN=�...--___�_
<br /> ���, ' 2. Fu�dg for Taxes end In.curance.SubJect to upplicablc luw or t��u writtcn waiver by I.endcr. Bonowcr shull puy to f't�»` ' _
<br /> �� . . . Lender on the day monthly puyments are duc undcr thc Nnte.until thc Natc 1s puid in fu!!,u wm ("Funds")f�r:(a)yenrly texes n. '�, '.'�?;�. ::����'
<br /> � _;'',;7s;4��:'�;.::..
<br /> , ., and assessments which may uttain prlority uver this Security Instrumcnt us a lien on the Property: (h)yenrly leusehold payments ;-,:',.':.�'" �
<br /> ' . � ar gmund rents on the Property. if any;(c)ycarly huzurd ar prapctty in:�urunce premium�;(d>ycurly flcwd intiurunce premiums. ::_= •-.,�;��!��s,;�,:
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<br /> if uny: (e) yearly mortguge insurance premiumc, if uny; and(� uny +umti payable by Borrower to l.cnJer, in nccordance wfth :±;�;�.•;���;}-�� ��
<br /> � � the pravisians af purngraph 8,in lieu of the payment of mortga�e in�urunce premium+. These itemti ure called"�scraw Items. ' ,,r���,,.�r :.••�
<br /> I.ender may. at any ttme, �allect und hnld Funds in un umnunt nut to exceed the muximum umnunt � Iender for a federully � :"'; .
<br /> ' ., . relatai mort ga ge loun may require far Borrower's escrc�w uccount under the federal Reul �.titate Settlement Procedures Act of ••`••'��°�'"�.
<br /> ..�:M.r::`°."r'`.A,
<br /> '' " 1974 as amended tram time ta time, 12 U.S.C.Section 2601 et sey. ("RESPA"), unlesti unMher law thut applies to the Funds � , ;��'•_�.�:,�+�_
<br /> � �� `� sets a lesser amount [f m. Lender may, ut any time, collect und hnld Nunds in an amaunt not ro excceJ the lesser amount. - . � =,v.�:,�_�-'"
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<br /> � i.ender may estimate the amount oF Funds due on the busis ot current ciatu und reuse�nubir r+tiu�ate> ��f c:,►N�;�i{tur�s���FUtRiC -"-____- -- 's vn,�
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<br /> Escrow Items ar othcrwisc in accorduncc with upplicablc law. �`��'`�`";- _
<br /> ; The Funds shull be held in un institution whote depnsits ure insurcci hy u federul agency. imtrumentality. or entity �,'. �, -
<br /> „ (including I..ender,if Lcixicr ir such un institution)or in uny Fedcral Home Loan Bank. I.endcr+hall apply the Funds to puy thc „� '��:�y;;
<br /> Escrow Items.L.endcr may nnt chargc Borrower for holding and upplying the Fundti,unnually unulyiing thc cscrow uccount,or .. � ,,:
<br /> � verifyin�the k.ticrow Items, unless L.ender pay.Borrower interext on the Fundti unJ upplicuhle�uw permitx L.ender to make such ;��.•
<br /> a chargc.However,L.ender muy requirc &irrower tu puy u onc-timc churgc tiir An indeQcndent reul cstatc tax reporting scrvice '�r 8
<br /> used by L.ender in conncction with thiti loun, unlexs appiicuble luw pmvidcs otherwise. Unless an ugrcement is mude c�r „ � � .r�f
<br /> , applicable Inw requires intcrest to bc puid,Lendcr shnll not lx rcyuircJ t�puy Bnrrowcr uny intcrc�t c�r carningy on the Funds. .'�.- -
<br /> Borrowcr and I.cndcr may agrcc in writing. howcvcr, that intcrest�hull Nc paid on thc Fu�id+. Lendcr�hall givc tc� Bormwcr.
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<br /> withaut churgc, un annuul uccounting ot thc hunds, showing crcdiis and dchic� w ti�c Fu��J.uiid tii� purp:isc f'czr u•hict:wch ---_ -
<br /> debit to the Fundti wati madc.Thc Fu�xls arc pl��clged u+udditionul�eruriry for ull sumt sccu r��l hy thix Sccuriry Imtrument.
<br /> If the Funds held by i.ender excecd thc umounts permiacd tci bc held by upplicabir luw,I.ender tihull uccuunt to&�rr�>wer ; `�
<br /> for the excess Funds in arcordancc with thr reyuirenunts ot'appliruhlc luw. If che ame�unt of thc Fund.h�Id by l.endcr at uny �'!:
<br /> ' � time is nnt sufficicnt to puy thc�srrow Itcim when duc. I.cnJcr muy.n notify&�rmwcr in writing,und,in such ray�Borrower � �`'N�, •
<br /> ' sltall pay to Lcr.,�n�thr��t�tnmtt nr�•o�.nrv►��makc un th�detieicnrv.B��rroacr�hall makc up thc dcticicnry in �x� morc than ;�' " �
<br /> twelve munthly puyment�. ut Lendcr'x sc�lc di,xretic,n. � . . —���
<br /> � Upnn paymcnt in fuU of ull tium, xrurcd by thiti Sccurity huirurn�nt. l.cndcr +hull pr�,mptly rcl'und tn Bnrrowcr uny .. s�
<br /> Fundti held by l.ender.lf, under paragruph?.I, Isndcr+hall acc{uirr��r,ell Qic Pro}xrty.Lender, prior ai the ucquitiition or sale �r�
<br /> nf tha Pmperty, shall upply uny Fund�hrld by Lrndrr ut the timr ol'arc�ui.iti�m ur+ule u. a cre�iit uguin�t the,ums seeured by �''•v
<br /> this Security Inrtrument. '
<br /> 3.Application of Puyments. Unlrs.upplirublc la�u•pruvidc.aNkrv��i.c, ull puymcnt. r.tciveJ by I.c�ider under parugruph. , . ; :;��
<br /> . 1 und 2 shull lk upplicd: �iryt. tu any prcpaymcnt ch�r�:c+duc utiJer Ihr Notc: .rr��nd. In .+muunt,puyahtc undcr puragraph 3: �^�!-�'� .�
<br /> thirJ, ti�intcrc�t duc: tiiurth.ti�prinripnl duc:and latit.tu uny Ixt�rharEc,dur undcr thc Nut�. � •
<br /> 4.Churges: Lien�. Borr���v�r .hull pay ull taxc+. u.x+�nun�.. churgc.. tincti anci im��,ition.uttrihutaMr tu thc Property " �
<br /> • whirh muy uttuin pric�riry o��cr tl�i� Srcurity In,lrumrui. anJ ic.nch�dJ pa��iunt� or �routiJ rcnt�, if any. Bcirrcnecr shall pay ... - -
<br /> these abligation. in Qtc mannrr pru�•iJrd in p:�ra�:raph_'. ur il'nut puid in tlett mamxr. H�,rra��cr �h:dl p.n•thcm on timc dircrtly i
<br /> ta thc perzon owrd puyni�nt. Rurru��•er.hall pr„mptl� ��umi.h tn l.rndrr all nutirr+of anxium�tc�hr paid undcr thi.purugraph. � � .
<br /> � If Borrciwrr mukc�thc.c paymrntti dircrtly. Eiorruu�er+hall prumpll� funii.li tu I.rndrr nrri�,c�•idcnring thc paymrnt,.
<br /> F��rrciwcr xh:dl F►mm��tl� Ji.rhar�r:im• licn�ahich hcu priuritr u�cr thi.ticrurity Imirunxnt unlr..Bc�rr�,��•cr:u�►agrrc+ in � '
<br /> writing t��chr paymcm uf thc ahligatiun ticcurrJ h�•the lien in a mxnncr arrrptahlr tu I.�ud�r.lh►.nntc.t, in good 1'aith thc licn f
<br /> by. or drfcnd. again.t �niin•rcmrnt �,f' rhr lirn in. Icg:d pmcr�dinE� ��hirh in thr i.autcr'. ��pini�m ajxratc a, prc�•cnt thc �
<br /> cnfurrem�nt��f thr licn:��r Irl tic�urr+frum thc h��ldcr i,l thc I�rn an agr�emrnt�a�iyfac�nr� a�I.rndcr.uh„rdin:�ting the lirn to �
<br /> thi+Scruritv ln.trumcnt. If L�ndcr dctrnnitmti that an� part��t thc i'rarrr�� i.•uhjcrt t��u licn ��hirh ma� utt:�in priurity ovrr i .
<br /> thi�Scrurity Imtrum�nt. l.endcr m:q•gi�r [;urru��cr:i rn,tire f�4rntitlm� thr lien. liurrua�nhall wui.(� thc licn ar tal�r anr ur J
<br /> � mixr i�f the:trti��n+.�t ti�rlh ahuvr��nhin IO Ja�,ut thr gn m��,1 n�,nrr.
<br /> ` Form 3028 9/90 �
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