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<br /> -=-�� TUDETHBR W[TH e11 tho �mprovementA now ar hereaitor erectecl an tho pm rty� and �il eu�m�ntn -
<br /> J�-r-d�-���� appurtenances.And itxtures now or herepitera part mf tho praperty.A11 e�p9RCemente and edd tIans nhell al�ba�nveres��
<br /> .-,,,,_,_,,,��;,,,: -�� by cht�Sc�,uricy tn�trumcnt.A!f ot the iore;aI��1�rcfernd w in tAis&eaurlty InstrumcntMa tt�n"Prapert�r." � _-- -_—- --_---�-
<br /> -������:�� BORR�'1WER COVENAN'TS that$orrowcr is lnwfully saised ai the estate hereby conveyed and has the�lght to 1
<br /> ==-��;,:�`"'- &rant end eonvey the Pmperty end tlu+t tho ProperLy is en�rdoumtxred,except far enourt�bnnces af�ecord. Iionncver� ` __
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<br /> :.- ,a-1���.�;��;f� warranta und wIll defond genarally the tttla to tho Peoperty againsc all alatme and damands.eubject to any onaumbnnces _
<br /> �:.� ;. '�,f.- of record.
<br />- ::�.v�.:� THIS SECURITY IN3T12UMBNT combinrs uniiorm cavensnta for r►atIoanl use and non-unifarnn cavenen�ta wit
<br /> : . " . limtted variadona 1oy jueisdlction to conatitute�a uni€orm seeurIty instrument caverin�eeal ptoperty. —
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<br /> .„ :d:�:��° LJNIFORM COVENAN7'S.Hotroaer and Lender covennnt end egtee ae follow� -
<br /> , , I.Payment oi Priaaipsl aad latereot; Propay�nent and I.ste Chargea.Horrower Rhall promptly pay whan du -
<br /> _ _ _ �� the princIpal ot snd tnterest on tho debt evldenced by tha Nota and any prepayment and late chargea due undet the Nnte. -______ ___
<br /> -�� ' -�� 2. F�nds for Ttxea aad Iasutaaca. Subject to appl�csble law or w a wrttten waiver by l.ender. Borrowet shnU �
<br /> �ay to I.ender on tha day monthlypaymentaera due under tise Note,untll the Note ia paid jn full,a sum ("Funde")for. �f:;x,���?���---------
<br /> '�� (e)yearty taxes and assessments which ma attein rIor3ty over this Se,�urIt Irtstrument as a llen on the Peoperty;(b) --�:��^��'°�'��°
<br /> Y P Y ��,:.c.=- �-
<br /> yearly leasehaid paymenta or ground rents on the Pro (c)yearly hazan!or ro rty inaurnace remtume; �<-��'`'�=°�----
<br /> F�Y.it any: P A� P ;�, �,,��,_���.�
<br /> (d)yearly tlood insurateca premtuma,�f any;(e)yearly mort�ege inauranco Qrenn�ume,itany;and(t)any suma payable t'., r"°'p���=
<br /> by Bonower to I.ender.in avcardance with the pravlsions of parageaph 8�in pieu o?4C�.o payment of mortgoge tn�zvsance , ; :.`,�, -`.
<br /> premiume.Thasa items aee callod°Bscrow It�me."Let�der may.at en�y 4i�sne.coltc�ct and hold Funde in an amount cr.rn ;:.':'..,�;},,_.__ .,�:.;
<br /> •� to asceed the ms�xiea�u,m amount e lendes fQr a iederaA y reluted morA�e ge 1�au� may require fpr Bonocver's �n ;• .:.,,�`,�i.,;,��'°°`=
<br /> account under the Pede�l IIteal �s3ate Settl�nnent Procedures Act of 1974 es amendad from time to ttm�. 12 BJS.�. Y=; x. 't;-�-"�'=�;,__
<br /> � Section 2601 et se,p. ('RBSPA"),unless anot9��r!aw tF►st applies to tha Funds sets a lesser amoun�.Ii sn,Y.enderr may, .:��_�-
<br /> . at any time,coltect ancB hoid FunAF in an amaunt not to excemd the lesser amount.L,ender may estimnt�the am�unt of '��'��':�:;�,�,�,��,
<br /> . Funds d�ce on the basis of cun�ent�ata and reasonable estinnat�s oi oxpenditurea of future Hscrow Iums or othec�crrise in � �� � - --
<br /> �'`����� accordance with applicable lacv. � �'�`
<br /> ' ' The Funds shall bz held in an institution a�hose deposits are insured my a federel agency,instrumentality,or entity �� „- _-�-
<br /> (including I.ender.ig Lender is such an instit�a4ion)or ire any Federnl liome Loan Bank.Lertdet shrsll apply the Funds to " � - -
<br /> :.:.;.�,. ' pay the Escrow Items. I.ender entay not charge Borrower?or holding and applying the Funds.annually anaiyzeng the -,,--- _ _
<br /> . ....:'c;�,1,.'•., escrow account,or verifying the�is�row Items,unless II.em�ler gays Borrower interest on the Funds and applicalble lan � _
<br /> •"���;;:��•,, permits Lender to make such u charge. However� Lend�er may reqtnre Borroaet to pay a ane-time charge for an
<br /> ..,r��ts:r:°��;+,".�" ind dent real estaz�tax PP P ,
<br /> , ep�n reporting service�by Lender in connection with this loan,unless a licable law rovides �' •
<br /> otherwise.Unless ar�agteement is made or alapiicable law requires interest to be paid.Lender shall not be requited w --_
<br /> pay Borrower any interest or earnings on the Funds.Bonower and I,enairr may agree in writing,however,that interest . (��"
<br /> � shall be paid on the Fuads.Lender shall give to Borrower, without charge,an annual accounting of the Punds,sDnoaing
<br /> " credits and debits to the Funds and the purpose for which each debit to the Funds was made.The Funds are pledlged as �
<br /> � additional scxurity forall sums s�ecured by this Security Instrument. �• .�`"i,
<br /> If the Funds�nF[-' by Lender exceed the amounts permitted to be 3�c9d by applicable law, Lender shall account to �
<br /> . Borrower for the esc�e�Funds in accordence �+•ith the requirements of applicabte Ibw. I[the ama�oa��of the Funds held , .; �
<br /> :r ' by L.ender at any tia�e is not sufficient to pay the Escrow Items when due,Lender may so notify�orrower in writiag, •"•'� ��`�•
<br /> . F::�'��','� and, in such case�orrmwer shall pay to Lender the amount necessary to make up th�deticiency.Borrower shall make � .:. �';''�:'�. �
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<br /> �..(;,�;� up the deficiency in no mare t�han twelve monthly payment,,at L.ender s sole discre¢��n. , ..�.��s'>r�a:
<br /> Upon payment nn�ull of al9 sums secured by this Security Instrument,I..ender shall promptl;rEfund to B�rrower ',;'}:`tk;t��;
<br /> any Funds held by� �,e�der. It, under paragraph 21, I.ender shall acquire or sell the Property, 1Lender, prior to the , '"'� ,
<br /> Iacquisition or sale of the Property, shall apply any Funds held by Lender at the time of acquisitian or sale as a credit � ,��•','
<br /> , � a ainst the sums secured b this Securit Instrument. ' ��''�'�"'
<br /> g Y Y �rt;�'r� s .
<br /> 3. �pplication of Payments, Unless appticable lan prUVides otherwise,all payments received by I.endar under :..,:•�.ti• "
<br /> P � P PP� Y P PaY g PeY �,'�.;:'•::�hr,,'§'.�t�
<br /> ara ra hs 1 and 2 shaU be a lied:first,to an re mPnt char es due undec the I�Tote;second, to amounts able �,;�� .•;•. .
<br /> under paragraph 2;third,to interest due;fourth,to principe3 due;and last,to any late charges due under the Note. y�, :•,:::";f',tii�`s;`;y��,,�;".';
<br /> 4. Charges; Liens. Borrower shall pa�• all taxes, assessments,charges, fines and impositio:�s at�ributable to the �.,. � �w„�•-�
<br /> a Property which may attain priority over this Security Instrument,and leasehold payments or g*aund rents, if any. 't- • •,,;:. ;rf�;
<br /> ,,, � Borroryer shall pay these obligations in the manner pro�•ided in paragcaph 2, or if not paid in tha*.manner, Amcrower � •'.;�;�''�;,�' .
<br /> •j'�� ��'. i shall pay them on time directly to the person owed paymenP.Iiorrower shatl promptly furnish to 1Lenrlrr at3 r.azi:.es of � �•':;��.1
<br /> �`'�r ;�••, I amounts to be paid under this paragraph.If Borrower makrs�hese payments directly,Borrower shaSl promptly t umish , , �
<br /> 1 to I,ender receipu evidencing the pay�ments. , �"
<br /> Borrower shall promptly discharge any lien which has priority oeer this Security Instrumen�unless Borrower. (a) i
<br /> agrees in writing t�the payment nf the nbligati�n secured by the lien in a manner acceptable to Lender: (b) contest,S in .
<br /> I good faith the lien by, or defends against enforcement of the lien in, legal praceedings which in the Lender's opinion ;
<br /> operA•tr to ptevent the enfonemeat of the lien;or (c)secures from the holder of the lien an agreement satisfactory� to
<br /> 1 I.ender subordinating the�ien to this Security Instrument.If I.ender determines that any part of the Property is subject ,,•:+;��'
<br /> � to a lien Hhich rr.ac attain priority over thi��acurity Instrument, I.rr.;Jer ma�� gi�•e Borco�ver a r..��:ice identifying the �•' ; -
<br /> ' lien. Aorrox•er st�a;: satisfy the lien or take��Tr or more of the ac:tions set forth abo�•e�ri thin l0 ways of the giving of
<br /> notice. ',
<br /> Form 3028 9/90
<br /> ��BRIP�EJ'9�C5tt' Pa9� ���s �n�t�a�s ;
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