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<br /> �� 7'OOETHER W1TH all the impro�ements now or hereafter erected on the property,und all easements,appurtenances.and ••-��,r•'*___;
<br /> ' ^ " fixtures now or hereafte� u purt of the property. All mplacements and additions shnll ulsc� be caver�•d by this Secudty •
<br /> - ' �•� Instrument.All�f the foregoing is referced to in this Security Instrument uy the "Praperty," �
<br /> , . 80RROW ER COVENANTS thut Borrower iti luwfully zciscd aF the estate hcreby conveycd und hax thc right tc�grant and ,
<br /> ' epnvey the Propcny and ehut the Praperty is uncncumtxreci, except fi►r encumbrances nf record. Borrowcr wamants and will ° .
<br /> " , " defend generally the title tu the Property aguinst ull cluim+und demands. �ubject to any enrumbrunces uf record. °
<br /> •. THIS SECURITY INSTRUMENT combinec uniform covcnuntx for nutionul use ond non-uniform mvcnants with limited � • �''a
<br /> ' variaNnns hy jurisdictton to ramtitute s unifiirm u:rurity instrument covering real pre�perty. , �• ' _ _
<br /> � • UNIFORM COV�NANTS.Bc�rruwcr und Lcndcr cnvenunt�nd agrcc us foUowti: .
<br /> � 1. Payment af Principal and Inter�vtt Prepaym�nt and I.ate Chatges. Borrower shall prumptly puy when due the . �
<br /> pdncipal af and interest on the debt evidenced by the Note und uny prepayment und lute charges duc under the Nate. „ _
<br /> " 2. Funds for Taxes and Inwrunce.Subject to appilcuble law or to u written wuiver by I.ender. Borrower shul� pay to ' ,
<br /> L.ettder an the day monthly payments arc duc under the Note,until the Nate is paid in full, u sum("Funds")for:(u)yearly tuxes
<br /> and asses�ments which may attatn prjarity ovcr this Security Ins�rument uc u lien an the Pn�perty;(b)ycurly Icuuhold payments � "'
<br /> -�� or ground rents an the Propeny. if uny; (e)yearly hazurd ar property insurunee premiums, (d)yeArly flc�od insurance premiums, :
<br /> If any; (e> yearly martgage insurnnce premiums, if uny; and 1�any sums payuble by Barrower to L.ender, in urc��rdunce with ,
<br /> i� • the provisions of paragruph 8,in lieu of the payment of mort�age irnurancc premiumx.These items urc called "Escrow Items." •• •
<br /> Lender may, at any ttme, collect and hold Funds jn un umount not to exceed the ma�cimum umnunt u lender for a fedetally �
<br /> related mortguge laan may require for Barrower's escrow account under the federnl Real Estate Settlement Procedureti Act of .
<br /> �- 1974 as amended from time ta time, 12 U.S.C. Section 2601 et.reg. t"R�SPA"), unles�nnother law thut:�pplics to the Funds
<br /> -- --- --.`.— sets a ie+ser aniuunt. ii ao. i..�:nuc� uwy. at any ii�:�c. uiilexi aud liuiu FuiiS, it�u;i d,��..i;�d �,.;i t.; c:;c�C.a, i~�1.s::'�,••:•��^t, - -- - --_:-= -
<br /> " L.ender may estimate the amount of Funds due an thc basi+of current datu and reusonnble ertimutes of expenditures of future f
<br /> Escrow Items or otherwise in accordance with applicublc luw. f "
<br /> The Funds shall bc hcld in an institution whose dcposits urc insurcd by u federul ugemy, instrumentulity, or entity ( ,. �
<br /> (including I.endcr,tf I..cnder is such an institution)or in any Federal Home[.�►an Bank.l.ender shall apply the Fund�to pay the
<br /> ' Escrow Items. C.ender may not cher�e Borrawer far holding and applying the Funds, aunuully nnulyiing the eticrow uccount,or j
<br /> verifying the Escrow Items, unless L.ender pays&�rrower interest on the Fund.r• und t►pplicuble luw perniitti l.ender to make such I � ,
<br /> a charge. However. L.ender may require Borrower to pay a one-time churge for an independent reul e�tute tax reporting xervice
<br /> used by Lxndcr in conncction with this loun, unletis upplicAblc luw providex ntherwis�. Unless un ugrecment i. made nr � , :
<br /> applicable law requires interest to he paid,Lendcr shall not bc requireci tu puy Borrowcr any intcrest or earnings cm the Funds. • `
<br /> Harrower and L.ender muy ugree in writing. however, th:�t intere+t tihall hc paid on thc Fundti. Lender shall give to Borruwer. � � '._j�
<br /> � :-- ' uithout�hacge, an an�ual nccnunting nf thc Fund�. �h�w�ng ��r���Jit��nd drhit. tn the hund�und thc �urposc tor wh�ch cach �. __--��a�
<br /> debit ta the Funds was n1nJc.The Funds ure pledged as t�dditional security for all sumti�ccurcd by this Sccurity Instrumcnt. i T-�'
<br /> lf the Funds held by L.ender excced thc umount+pe:rmittc,�!ti�lx licld by applicablc law. I.endcr tihall uccount to Born�wcr � ,
<br /> for the excess Funds in accordunce H�ith the reyuirements of applicable I•rw. if the amount of the Funds held by i.ender at any i 1
<br /> time is not sufficient to pay the Escrow Itemti when duc, L.ender may�o nntify Bnrrower in writing,and,in�uch cuse Burrower ` �
<br /> • shall pay ta I.ender the amount ncrc+tiury to muke up thc deficicncy. Borrower shull muke up thc dcfiricncy in no more than : • ;�,
<br /> twelve monthly payments,ut 1.enJer's tiolc di�cretion. { ; �r��
<br /> Upon payment in full of all rumti ,crured hy thi.r Sccurity Instrument. I.cndcr �hull promptly refunci to Bnrrowcr any ,
<br /> Funds hcld by Lender. If,undcr parugruph 21.I.cndcr�hall ucquire or.cll the Property.Lender,prior to thc acquisition or wle � '
<br /> • uf thc Propeny, ,hall upply uny Fund�hcld hy L.endcr at thc timc uf aryui,ition or,alc as u crcdit aguinst thc+umti securcd by '
<br /> � this Sccurity Instrument. �';,
<br /> ' 3.Application of Puyments.Unleti.•rppliruhlr law pruvidc,ntherwi.e,ull paymrnt. receivcd by I.�nder under paragruphs ,
<br /> � 1 and 2 shall be applied: firtit, to�ny prepayment rhurgcs dur unJcr thr Mote: .ccrnxi.to amounh payuble under paragraph 2: •
<br /> third,to intcretit due; faurth,to prinripal duc:and la.t,to any latr rh•rrge�due under thc Ncnc.
<br /> a, 4.Cluts'ges;I.tens.Bcxr�►�ver .hall pay all taxe,,a�sc»mcntti, rhar�cs, fin«aixf imExi,ition�attributabl�tu tt�c Pruperty
<br /> which may atta6n prioriry ovcr this Sccurity Imtrument, wiJ Ica+chuld pa}�mcnh or gr��und rents, if any. Barruwcr +hall pay
<br /> thesc oblig•rtiuns in thc manncr pruviJcd in paragraph 2.�u if nut paid in that manncr.$urruwrr+hall pay th�m on tinu direcQy '
<br /> to thc pertion owcd paymcnt.&�ROwcr �hall promptly furni.h tu LcnJcr all n�nirc.��f amuunt+to hc paid undcr thiti paragraph.
<br /> If Borrower makc�thr.c paynknt.Jir�ctly. h.+rr���v�r.N:ill pr�miptlr furni.h tn Ler,dcr rcrcipt�c��idencin�thc payment+.
<br /> Borruwcr tihall prumptl�•di.chargc any licn���hirh ha,pri��rit} o��rr thi.Srrurit� Imtrumcnt unlr..Burraw•rr:la)agr�w.in ,
<br /> writinF tn the puyment of thr ohligation �ecured By thr li�n in a mannrr:ureptablc t��Lenacr.�h1 runtr+t� in gixid faith thc lien
<br /> by, or Jefend. againtit enli�rrrnxnt at' thc lien in. I�gal pr�xccding. ��hirh in thr I.cn�icr'. opinion u{kratr ta prc�rnt thr
<br /> enformmcnt of thc lirn:��r (r►�ccurc�from thc holdrr ot'thc lirn:m agrcrmc�it �atitilarlurt to Lrndcr+uh�ttdinating thc lirn t��
<br /> . this Sccuriry In�trumrnt. if IAndcr dctcrniinc,that :m� pan �,f thr Propert�� i. .uhjcct tu u licn �chirh ma� attain priurity ovrr
<br /> this Sccurity Intitrumcnt. Lsndrr may givc Burruarr:i n��tirc idrntifcing thc lirn. H��rr����rr.hull .ati�f� thr ticn ur takc unc or
<br /> - mom otthcactionti set ti�rth ah�ive�+ithin Itl da}•�uf thc gi��ing��f rn�tirr.
<br /> ' • Form 3028 8190
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