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<br /> __ �• TOCiSTHER W1TH atl the fmprovementa now or I�ereafter enxted on the propeKy.and�ali easeme a,ar►d �� ,�
<br /> . �r'r' `' t7aturea naw or hereufter a part of the property. All replacemente arrtd addttions r;hull ulno be: cviverod by thla Securiry -
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<br /> .w����,_ ,_.f: Instcumcnt.All of thc furcgoing ir referred ta in this Securlty Instrument us thc"Praperty." �
<br /> �`� �QRROW�lt COVENANTS that Borrawer is lawfully seised of the estatc hereby conveycd and ha.c the rlght tn Srunt und -� " �� ";��'"��,:
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<br /> convey the Property and that the Prapeny is uuencumbered, except far encumbrnnces of record. Bormwer warrants und wIU , .,..�,;T.,
<br /> ;.�.:� . . defend generally the title to the PropeRy agninst all ctaims nnd demunds.subJect ta uny rncumbrances uf recard. .. ''-�.- -
<br /> � """ THIS SBCURITY INS1'RUM6NT combinex unifarm covenants for natianal u�c nnd nan-uniform cavcnunts with Umited � • ^ �:=-'�-
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<br /> �. ��,� vurlutions by judadiction ro conaUtute a unifarm secudty lnstniment covering reul property. � " `'�-���
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<br /> - �'`�� UN[FORM COVENANTS.8anawer and l,ender rnven�nt and agree a�foHows: • �, '"� ,,..: =
<br /> ' . ,, ;: .,_, 1. Peyment of Principal and interest; Fsepayment and I.ate Charges. Borrowcr Rhatl pramptly pAy when due the ° s�• � �;;=F::;_
<br /> ' ' �'�` � �` principal of and interest on the debt cvfdencecl by the Natc and nny prepayment utul late churges duc under thc Note. �
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<br /> , '�4{;;��.'�;;y;.:.� 2. Funds tor Taxes and Insurance. Subject ta app{icable law or to u written wuiver by L.ender, Borrower shull pay to :n .,
<br /> . {.,:, 4- '�: „ ,.�.. Lender un the dsy monthly payments are due under the Note,until the Nate is puld in full,a�um!"Funds•')for:(u)ycarly taxes : �
<br /> ' •� -:�.'r�•�•�� and assessments which may attuin prtor�ty over thia Seturlty Instcument as a lien an the Praperty:(b)ycarly Ieaschold payments �
<br /> �n�'� ���� °L; or ground rents on the E�roperty,if any;(c)yearty haznrd ar prupcny insurance premiums:(d)yearly flaod imurance premiums, =---
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<br /> .; � - +";=�=;"`"�•- �:,^ if an ;(e)yearl mon a e insurance remiums. if an ;and(fl any�ums a able b Borrower to L.ender,in occnrdaace with ` .� '�
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<br /> �� ��;`i�''�"���'� � ` the provis3ons of paragraph 8.!n lieu of the payment of mortgage insurunr.e premiums. These items are called "�.ccraw Items." �
<br /> '�.�`r '. '"' Lender may. at any Nme,collect end hoid Funds In un amount nat to excerd the maximum amount a lender for a fedcrally __:
<br /> f.. • relsted mort$age loan may require for Borrower's escrow account under the federal Real Estate Settlement Pcaedures Act of , "`"
<br /> ' � �• � 1974 as umended from tlme to ttme. 12 U.S.C. Sectian 2601 et seq. ("RESPA"),unless another law that applies to the Funds , ..:��J�''�
<br /> � � .. .. _�'�� seta a lesser amaunt. If so, L.ender may,at any time,collect and hold Funds in an amount not to excec.d the Icsser amount. _�,;�,�;��
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