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<br /> � '1'OOSI'HBR WiTH aU tha improvemer�ts uow nt hereatter ereated an tho prcparty. in8 di a�someuts. �.�-��_�--
<br /> . ' appuRensnoee�and tirtue�nox or Qereattert part oi the property.All replscametl�ead additians shalt alao be aov�rod �;:��:^.;;.::_�_,-°----
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<br /> � by thi�8eourlty I�mont.All o!tAe lora�olr►,�#a t+tt�to ia thts 6ecurltY Insaumant ae tha"Prcperty." `��• .��,
<br /> — �----..� - SUI3RON/8R CO�L+IANTS tbat Borrowar is lsxtully eeieed oi the aetate herobY�vayed u�d hag the tiYht tw �,,:�;:._.�--
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<br /> grent and oonvey tb�Propsrty uid thst the Peoporiy is uaeacumiaes+ed.e:cept tor ei►aumbran�ee ot c+eoard.HorrnWer • .R.;:.:;Y,.,,
<br /> w�rraa�to aou!M!!t deiend�eneratly the tide to the Property ageinst alt claime�ad demande�eubjxt to aAy eacumbrana� " :•.:i;.;,;:�
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<br /> � 'THIB SBCURITY IN�'TILtJMBNP ao�nbiaea vai4nrm oov�►ants far nndonnl use and non-uniiorm covenants�vieh -- - �„;
<br /> ° t�mited vmristtm�e by�url_ediotlon w coustitute a uaitorn►securtty inatrument oovortng re�l property.
<br /> � LJNIFORM OOV$NANT3.Borroaer and Lender oovansnt wd agree ae foUoar� ."'`�: ~
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<br /> . . - . - - !.Peyaee�t cd PNaeipal�ad Iaterestc Fr�psymeat�ad I.�te Ch�r�es.Borrowea sha11 P='�mP�Y PaY whea due .
<br /> , the prtac�pal of aad iaterest on the debt evidenoed by the IJote aad any pnpsymant and late char�e dne widet the Nota -`���V'°=- .- i
<br /> 2.Funde tor Taxea aad Inautaaca Subjcac to applicable ls�or w a wdttea�vaiver by L�er.Borrower e3�n11
<br /> � yto Lender�t the dsy monthiqpaymentsare due un�s the Note,untt!the Note is paid ia fu11�a sum('Fuads'�for. ,
<br /> �a)Yearly�snd aaeesements which moy attaia prc�aiu�r over thia Securlty Instrumeat es a liea on the Pea��xrtY:lb) . ..
<br /> yarly leasehold paymas►ta or ground renso o:n ttee II'iar�.fi4 aqp:6c)yeariy t�ara or pro�ere�;a�oe�on�
<br /> (d)Yea�1y tlood lnsuranee premiume,l�a�r:Q��l��S►���nur�u.oe premtums��f anq;u►d(t)any sv�eat�ga�rebH�e , :
<br /> by Borrowar to Lendar.ia aa�ardanoa�vi34n tte��ro�+tdm�of Pa��I��ie►lteu of the pny ment ot mort�ga nvn�u�.�aa ,a
<br /> pnmiwna These iteme are caDl�°�c r osv Ivama"I�s dzr may�a t a m ti Y tt e e s e�v�l�e c t e n d h o l d F�d s I n e u a�s e a�w n�m m 3 :
<br /> w e:ceed the rnuimum aae�usma a Aeze�ea Yms a f�Aarali�r related ne�rt�at�a B�an r,nay require tor Bornnwer's escaoai ,
<br /> account under the tederal Rxa�J��S�enn¢ans�+�oodutes Act o$ D974 ass aaeeended{'e+om tlme to time, D2 U.S.C. .
<br /> Section 2�01 et aep.("RffiP.�i'�,tr�9�aawUh2r B.sm thet applQea t�n t0u�i�nda sets a lesear amoun�Ii s��Le:tder te�ae, � '..
<br /> , at any tIme�colleat and hold ff�tandc�in an c�mount aot w exoaed the lessar amow►�Leader may asttmnte the amouat mff ,
<br /> � • Euae�s due oa the basls o�curmxmt d3ta and reaesonabl�esti maus of espeudituros of�uture BscroM Iums or offin�rw3sa 9aa �.
<br /> '°�'', . ' , s�rrdance with applicable la6v. �
<br /> ;';,;��' "A'he Funds ahall be held in aa iastitieRioa whose��sits aro�e►sured by a fedetal agenay.tnstrumeatality,m entity �, k
<br /> �',,'.'. � (inoln�ding I.em�r.it L�ader is such a�n iasrtitution)or ia amy Fedar�l�Iome Loaa Ba�ilc.Leader eha11 spply th�Funds t�m
<br /> � . �,'.,�� pay the F�crow Itrams.Lender may n�t cfiargx�an+oaer for hol�i�Aud applying the Funds.aanually aaslyziag tlnz � .,,`.,�
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<br /> �w accouat,or verIf i tha Bscrow IEems.unl�s 1.endei'PeYs ffi�u'rro�Y iA��on the Fnnds and applicable law ',;�.;.a-.-
<br /> . ' ��,�:<«: . ' Lenx��r may require Bornnaer to pay a one�time cherge i4r an I .`,�;�,.
<br /> ;�.:•,.:,. �r�its I.ender to make�ch a charge. However. .
<br /> • '���: ;:�;'�; independeat real eatnte tax regorting ee�wice used by Lender in con�►ectioa with this loaa,wiless applicable lnw provides ,
<br /> ,,;•'•%;',,,� otherwise.Unless aa egreemeut is made or applicable lnw requices intenst to be paid. Leader sh�ll aot be requtred to _ : 1���"`�
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<br /> paY Borrower any interest or earaiap oa the Funds.Bomower end Lender may agcee in writin�,however.that iatenst �, . ��„ -,
<br /> - shatt�paid ass ltse Funds.Laxl�r ah�!!gtv4*r�Remower,aithout charga.sa snnual eocoun�i�g of the Funds,shoain8 ' �'J'�tit< ''
<br /> credits end debite to th�Fum�s and the purpose for wLich each debit to the Ftmds was mad�.'d'he Ftmds are pledged as ( � ,� �;� _
<br /> � additioaal sxuritq foi all sueuns szcwed by this Security Instrumen� �der et�all s000unt to f � ;
<br /> If the Funda held by Ix�lzr ez�aed t1►e mn►ouat�Petm�tted to ba held by spplicable law, � ;
<br /> Borrower for tho exoeas Fuads in avcotdana with the teqtnt+eeneinis�i applicable laa.If the amouat of the P'unds held ;��, y
<br /> by Lender at any time is not suircient to pay the�iscraw Items wBeees due.Lende�'may eo aotuPy$orrower in writing, , .� ��.l.
<br /> � and� in such cese�orrower shall pay to Lendsr the amount neces�r�.�co make up the de�ciency. Borrower st�ll ma6� � ':� '�t:
<br /> up the deficiencp in no more t3�an twelve rmonthly paymente,at Lender's sole discretion. ' �= '��1��
<br /> Upon payment in full o?all sums secured by this Security Instrument.Lender aha11 promptly reiund to Bomower ! rf�,'�'
<br /> any Funda held by Lei►der. Ii, under pacagraph 21. Lender shall aoquire or sefl the Property, Lender, prior to the � �
<br /> avquisition or sate oi the Property,shall apply any Funds held by I.ender at the time of acquisition or sale as a credit , .� . `,.
<br /> against the sume secuced by this Security Smstcumen� "�
<br /> 3.Applicatioa of Paymeats.Unless applicab�e law provides�t0�erwise.all payments received by Lender uader � � -�};�
<br /> � paragraphs 1 and 2 ahall be applied:first.to any prepayment charges due under the Note;saooad.to amouats payable ' � ."���
<br /> under paragraPh x third,to irtnse�est due;fourth,to principal due;and last,to any late charga dne under the Nots. � �� ,.`,- -
<br /> 4. Chargee: Lieas. Bora�x,rer shall pay all taxes�a.�esements,cherges��nes and impositions attributable w th� � -
<br /> '�..;� Property ahich may attain primtity over this Security Instrument, nnd leasehold paymenta or g round rents,if eny. �"�
<br /> . Borrower ahall pay these obinga3ions in tfie manner provided in pa4a�aph 2, or if not paid in thet mannor, Borrowee I:, ;
<br /> �' ' shali pay them on tima direcaHy to the person owed paymaent.Borrower s h a l l promp t ly furni s h to L e n dsr s i l ao t ices o f
<br /> �•;;�. ';� ,.'�:'��` amounts to be paid under t�as P�B�Ph.If Borrower maiEces these payments directly.Bornower st�all pro�ptly furnish
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<br /> -���r, � � to Leitdet recxipta evidencing che payments.
<br /> � ����'r: Borroaer shell promptly discharge any lien which has priority over this Security Instrument unlese Borrower.(a) •
<br /> ' •.;;� agcees in writing to the payment oi the obligation securad by the lien in a maziner acceptable to I.ender,(b}oontesta in
<br /> good feith the lien by.or defends against enforcement oi the lien in, legal proceeclinps which in the Lender's opiaion _.:.�.�
<br /> l� uperate to prevent the entoseement of the lien;or(c)secures from the holder ot the lien an agreement satisfactory to . �
<br /> D��a�ler subordinating the lie�a to thia Security Instrurnent.If I.ender determin�s efi�at aay part of the Property is subject
<br /> ; to� lien which may attann priority over this Security Irastivment,Lender may give Bonower a notice idem4afying the .
<br /> ,'•I liem. Borroaec sha11 satiafy the lien or take one or more of the actians set forth above within 10 days of 4he giving of
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