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<br /> - _ __ _�__-_ 54�18
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<br /> "���� TU06iTHHR W!?H ail thc improvemcnta naw ar herenfR�l�cicQ an tho praPcAy.and n!1 en�emcn�s,uppurtcnunccA,
<br /> — - -- and Axturea now an c�r¢nfirr a purt aP tho property. All apitrccmen��und addtUuttx Khull alc;n bo covcrcd by thte Secudty
<br /> _ -- Inatrumcnt, Ali of Iho fi�rcgoing ix rofemed ta in thfR Sccurity tnnuumcnt ax tho"F'r�perty."
<br /> --- BORItOWNIt COVf3NANT5�that 8urtawer ie lawfuily Rei�cd af tlta eRtuta hemby canvcycA und hns 1ho right to gmnt
<br /> ._ ond convoy tho Praperty and that tho Prapeety is ununcumlxred,excupt far encumbrancew of[�ecard. 8orrowcr wurrunt�and
<br /> _____ ___'_ w1U defcrtd gcnernlly lhe tlUe to the Pm�ny i�Bninxt all cinimA nnd demandq,xubJcet tn itny cncumhmncex of rccorA.
<br /> - -- THIS SECURITY INSTRUMBNT combincx unifamt cavonanU► fur �udanul uso and non•unifarm cavenants with r
<br /> z Iimited vurfnUona by juriRdiction ta consdtute u uniform secudty instrument cavoring reul propeny.
<br /> UNIFORM C�OVBNANTS. Borrower and Lender aovenant nnd ogrca aA followa:
<br /> . q ._ 1. lbyment of Princtpal and laterest;Prepaymeut and I.ttte Chwges. Hotrowcr Rhall pmmptly puy when due thc
<br /> •• ,'?�.� .� pdnelpui of and tntereat on the debt ovidenced by the Note and any prepayment and late chacges dua undor the Note.
<br /> ' �'i�'�`.�``. Z. �nds for lbxes and Insurance. Subject to applicable law or to a wrftten waiver by Lender.Aorrower ahall pay to
<br /> ' �'.'��t�:;::�' I.ender cn the day monthIy payments are due undcr the Nae. unt�l the Note is pAid in futl,a sum("Funda")for.(a)yeafly ` "" ° - -
<br /> ��'r� L�'-, . texes end asscssmeats which may attain pdor�ry over thi�s Saurity Instrument as a lien on the Property;(b)ycarly Icasehold __ _
<br /> :R';,r�.,:.�t� —
<br /> -•�? payraents or ground t+ent� on the Property. lf any: (c) yeatly hazard ar property inaurancc pmmiuma: (d)yearly flood _
<br /> �/ :���` •: `' � -. �„ insurance premiums,if any: (e) Yeazly mortgage Insurana premiums. if any: and(� any sums payable by Borrower to - _ -
<br /> n.. i�.eC.":.'. . G+ :t �.
<br /> �� : �••.••� Lender.in accordance with the prov�s�ons of paragraph 8,in liou of the pnym�nt of mortgage insurance premiuma. These __
<br /> ;'-�''`.• '-��` .'. , items are caUed"Escrow Itema." I.ender may.at any time,collect and hold f�unds in an amount not to exceed the maximum �=--
<br /> '�I.: �� ��."s.' Y �
<br /> '�r�" ' ' �'. •< emount a lender for a federally relsteci mortgage loan may r+equir+e for Borrower's escrow account under the federal Rcal �—
<br /> �'? �'`� -� � �� '' Fstate Settlement Procedutes Act of 1974 as amended from dme to time, 12 U.S.C.§ZGO1 et seq.("RESPA").ualess another �—��-�__ __ _
<br /> ;.r�,�;.,:
<br /> - ---.-- law tbat appllcs ta thc Puncl�sets a le�ser aenount. If so.Lender may,st any time,eoltprt and botd F��nda in an amount not to �z��.. __
<br /> ' exceed the lesser amoun� I.ender may esdmate the amount of FUnds due on the basls of cument data and reasonable �;�.�:::',�`
<br /> � �� esHmates of expenditures of future Escrow Items or otherwi�c in accordance wtth applicable law. ��''�.
<br /> � � • 'Ihe Fuads shall be held in an insdtution whose deposits are insured by a federal agency,instrumentality.or endty +., ,�� L�-
<br /> r (includins I.ender.if I.ender is such an Inst�tuUon)or in uny Federal Flome Loan Bank. Lender shall apply the Funds w pay
<br /> , � the Escmw Items. I.ender may not charge Horrower for holdtng and applying the Funds,nrmually analyzing the escrow '� ���
<br /> account, or verffying the Escrow Items,unless L.ender pays Borrower interest on the Funds and applicable luw permits ''�`,� ;=-
<br /> � I.endcr to make such a charge. However,L.ender may require Borrower to pay a one-time charge for en independent real �'�
<br /> estate tax reportln�service used by I.ender in connection with this lonn,unless applIcuble law provides otherwise. Unless an ''�� "" —
<br /> • ' agrecment is mude or applicable law requires intemst to be patd,Lender shall not be requircd to pay Borrower any interest or =- _
<br /> eumings on the Funds. Borrower and Lender may ngree in writing.howevcr,that interest shall be paid on the Funds. Lender � •���="
<br /> shall�Ive to Botrower,without charge. an annusl accountIng of the Flinds,showing credits and debtts to the Funds and the ,�_�
<br /> ---'' ' putpoaC Wr which Cach dCbit[u ilte Fuud�waa t�tiaSt. Ti�a flir�d;aie pledged as additioc�at secndry for alt sums securcd by - -
<br /> this Secudry instcument. � ---
<br /> o If the Ft�nds held by Lender excecd the amounts pertnitted to be held by applicable Inw,Lender s6all account to ;•. � ";`_�
<br /> ' . Borrower for the excess Funds in accordance wIth tlie rcyuirements of applicable luw. If the umount of the Funds held by
<br /> i.ender at any time ls nat sufficient to pay the Escrow Items when due. Lender may so nottfy BoRawer in writing,and,in
<br /> � such case Borrower shatl pay to L.ender the umount neccssury to make up the deficiency. Borrower shall make up the -
<br /> „ deficicncy in no more than twclve monthly puyments,ut Lender c xolc discretion. ., � `=���
<br /> . Upon payment in fall of a11 sums secured by this Security Instrument,Lender shall prornptly refund to Borrower any � ��„-
<br /> Funds held by L,ender. If,under purngrnph 21,I.cndcr shnll ucquioc or sell the Property, Lender,prior to the acquisIt[on or
<br /> sale af thc Propeny,shall upply any Funds hcld by Lrndcr at thc timc of ucyuisition ar sale us u credit ugainst the sums •r-�--
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<br /> . sccured by this Security Inswment. . '� �
<br /> 3. Applieatlon of Payments. Unless upp�icuble lea provides othcrwise, all puyment� rcccived by Lender under �• `=
<br /> ' para�aphs 1 and 2 shall bc applicd:fir.t,to uny prepuyment churgcs duc under the Note:second,to c►mounts puyablc undcr -,a.i�
<br /> �j paragraph 2;third,to intcrcst duc;fourth,ta principul duc;und lu�t,to uny lutc rhurges duc undcr thc Notc. �';;�;-,,
<br /> • 4. Chae�es; Liens. Borrower ,hall pay nll tuxes,utisessmen�c. chur�ez, finex and imposidons uttdbutuble to the � -'�!,;
<br /> " Property which muy ottain priority aver this Sccurity In+trument,und Ieutiehold puyments or ground mnts,if any. Borrower •:r"..�
<br /> shall pay thesc obligations in thc m:u�ncr providcd i�p:uugr�ph 2,or if not puid in that munncr,Botrowcr shall pay them on
<br /> - time directly to the person owcd paymcnt. Botto«•er shal!pmmptly fumish te�Lender all notices of amounts to bc paid undcr , _ °
<br /> . „ this parngraph. If Borrower mnkes these payments din;ctly.Bcxmwer shull prompdy furni,h to Lender receipts evidencing i -
<br /> thc paymen�s.
<br /> Borrowcr shall promptly disch:vge uny lien which hu,prioriry ovcr this Securiry Imtrumrnt unlcss Bonrower:(a)u�mes
<br /> in wdting to the payment of the obligation+ecured by the lien in a manncr acceptuble to Lrnder;tb)rontestti in good fuith the � .
<br /> lien by,or defends uguinst enforcement of the lien in,legal pr<xeeJings which in thc Lcndcr:opinion operate to prevent the
<br /> enfonement of the lien:or(c)secures fmm thc holdcr c�f thc lien nn agreement suti�fuctc�ry to Lendcr.ubordinating thc licn
<br /> to this Secudry Insuument. If Lender determines that uny part of the Property i�,ubjcct to a lien which mny nttain priority I
<br /> over this Securiry Inswment.Lender muy give Borrowcr u notice identifying the licn. Borrower,haU sutisfy the lien or tnke i
<br /> one or more of the actions set forth afave within 10 dayz of�he giving of notire.
<br /> ° 5. Hezard or Property Insurance. Bc�rrowcr shull kcep thr improvement,now existing or hercofter crected on thc I
<br />. • Property insured again�t loxs by rre,hazards includcd within thc term"cxtcndcd roecragr"and uny other hsu•.ards,including i
<br /> floods or flooding. for which Lender requires in,urancc. This in,uruncr.hall bc maintained in thr umounts und for the �
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<br /> FormJO2x 9190 rprxcl��fn�„xes� �
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