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<br /> _r�..-q �; `� TO�3ETHEA�V1TH till the impmveraents�H or hei�after��d oti the.pmPeitY.�ttl a11 e�.sements,a�Aarten2r�.and
<br /> - - --� fixtv.zes aow mr ��reaftet a.,�art of the pmgerty. AIt re�sIuoes�ients rsnd gddiduns shalt atso be cov�ted by this Securiq► , , --_- -- -----------
<br />-__-- _ --=—=s � Iastiv�nt.A11 of.�foregoing is�efen�ed co in tbis�eaaricy�ici as che"Pra�erty.• ' � � '
<br /> -- -__ ' 60RROWfiR COVENAIV7'S that Bonawer is t�ivvfuily ssised of the estate nereby oonveyed and bas the��i�}tt to�nt anct�, �" _v.. -_.�
<br /> _ - - '• : c�,eg the Froperey aad tlu�t che Pmge�ty�s uncna.�m�ered.except.t'or encnmbrances uf re,pord. 8orrmver warra�ts att�wit!• • ,ti �
<br />_ --= defeud geaerally th�tide to th�Pmp��!a8�ull ciaims and deurartds,subj�ctto�ny eric�amtuartces of i�econd. ti-" �` � ,
<br /> _ — THiS SECUELITY INSTRUI+++SEN'C combin�uniform covet�nss for aatlanai use.aad aon-uniform oovenants w�l�r�i.ted `.
<br />.'��� � ` v,�ri�tioas by jurisdiction�to c�nstitute a uniform security inst�ur►�at ooveris�g rcal pmperty.. ` . . . �_ ' -- --_--
<br />=��; � � tINIFORM C�QVENAN'I'S.Borrawer and Lender covenant a�td s�ree as foltows: - - -
<br /> .�`Fr`�t:';;. ; , l. Feyme�#,nf Fri�cipal aad t�ter�t;'IkepaYment and I.flte CE�arges. Borrawer shall prom�otly pay when du�the -.�_._a__.� ---
<br /> — �,...'°`�� f,.-�;y Priucipatrof and inie�at,an�the d�t evidertced 6y the Note aad�Y tsr�ayr+�ettt and iate c�rges due uader she Not�. � __
<br /> " ::���:�..,�� ; , 2. �lmds for Tages attd Iasmanoe.Subiect to applirable!aw ar w a written waiyer by,Leuder,Soaowet shall.payr to �`^'_ _ _-
<br />_ . t �".s-�:r �- Lender on ttie dap fnonthlY PaYments ar�due ander the Naie,rui61 the Note is paid in fult,a&utn,(?Fuads")for:(�Yeatiy taxes °-_-- - ---
<br />_4; � ' . an$ass�smenta wi�iah may attain prioriry over this Secutity Instre�tent as a tien on tRe Pmperty;(b)ye�y Ieasehold payments �-
<br /> -•``• or gcoand rents at�.ihe Propeny,if anY:(c)Year1F baz�d or pmperty insuzanoe premiums;f d)YBarlY tlood iasurauce preuituu�s, ---
<br />- if any:•(e3 Yeariy martgnge insarance�Sroaiums,if any:and�(fl anY sums payable by Enrmv�st,to Lender.in aceordanc$�r+�'..,
<br /> t ",�:'_"='_,=.:� : t�e pravisinns,af p�ragtaph S,in Ii�af t��a.yment of mortgage insazanoe premiums.These it�s are called"Fscmw it�." ----.--_-----
<br /> �';`: .�...����:. Leade ' �?, a,�aiiect aud fr�fd�L'i:s�ds in an amount nat to exae�d the maximuna,acttaue#a teader for a fede.r�Ilg:. �� _
<br /> �f ,- r may, any,tim °. d
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<br /> v �.,•.,f>.,:,-__ .r relatec!mo�a�oaii uiag��ae for L�u-is�r g e��v account under the fedcral Reat Fstate S�tct�ent F�oc.edures A�.a� . - ---
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<br /> ��;;a+�<.���*" �1974 as ameaded frocn ti�Y�'tu�e,-12�i':'��'�$e�;x:ZC�01 et seq. ('1tESPA"1-u�Iess attot�xr far�.'tiiatagg�to the FuQds =_--
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<br />-- ''` �.::�; s�s a tesser amoun� If so,IIr�cfer may:>�.��'y'`.�,'.�fiect and hoW Funds.ia�a asuount nnt�,to exceed tir�Lesser amotmt.
<br /> ` �'r `*', ` :�' ' Lender ma}+esriu�ate the a�oimt of Fi�r�ya�;tt��Nas4s of wrrenc data and i�aable estiz�tes.of e�i�ures of future �,�,; -----
<br /> . t, riu at � ' —
<br /> ;`` ':,,'";; '�. . . Fsc�uw Items a�other�vise in acoordanaz sur.r�t� �!"��'i�: � � : � .",: : :•: ' ----
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<br /> "' 'Y:��'� � ';, , .:�, 'fhe Fmnds shall bs he2d in an i,��!tian w-�;,'+�rosits are:s��*�e►i `'��ederal'ag�nc9i: instivmentati , or entiry �_
<br /> �: .� `'`�.�.��:'� fgnctu8ing Leader,if Lender is sach�i�ssritutionj or�i.av�aY.Federai Nariie E�i;I��sSYc-Lettder shall appi9.the��,�ds w pay the �'
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<br /> . • � . .,�: ..:, •• :., �'scrow Tteuis�l:ender inay no�ciiaFge 8-orma+et�'oftrdltfi�rg-and applyi th��"u`�tr.�.:,annuully-anstlyzing-thecsi�acacoouat;-ot. .. _.__ �,�1T�,�._ -� _ __.
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<br />- ' ._.�� . cerifying ifie Fscrow Iterns,unless Lender pays Borrower interesi un the Funds 2�'fapptiea6le law peraiits Lenderto make such ,y',•� _
<br />�� .`` � , � �' a cl�arge.However.Ixnder ma` uite Borrower to a a one�time char�e for an inde end�nt real estate tax r 'o� senrn�. -
<br /> . . .�; . Y�4 P Y g _ P � g r� � .,�
<br /> ased lsy•Lerider in wanection with this doan. unless applicabte law pravides otherwise. Untess an agreement�is rr►��ca��.' � , /�Fr,���.��„��.--
<br /> , �' applicable law.requires interest to be paid.Lectder sf�all not 6e required to pay Borrowcr anyr i�terest or earnings on ttr�Fatj�.:.;� ���,+ �;�
<br />_ .� ' Borrower and Lender may agree in writing,however.that interest shall be paid on the Fundd..l.ender shalt give w Botizs�: �,f`�rt��,r¢
<br /> • • � �vIthout charge.an annual accounting of the Funds, showing c�edits and debits to th�Funds and the purpose for wtricfs,.c�3�. �°
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<br /> _��'; � t�,��. debit to the Rand&was inade.The Funds.�re pledged as additiona!security for all sums secured by this Security Insuumed� ;°,, � �„ , :�
<br />_;��� ,r:���s��+�r'!�, "� . �` t`, If the Fands hetd by Lendet exa�th�amounts pem�itted to be held by applicahle law��l�nder shstlf acxount to Bot�u�' ^ , ;,
<br />-�' %• �� for the ex�ess Funds in accerdance wiiFi`ehe requirements of applicable law. If th�amount of the Funds held hy[�nder at�y
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<br /> �'; � �, �'' ." time is not sufficient ta pa};�::Escraw Items when due.Lender may so notify Burrower in writing.and.in suc�.case Borrower �: . � `
<br /> � � °'• ":• shall pay to Lender the am�tent necessary to malce up the deficiency. Borrower shall maF:e up the,deficiency in no more than ��, ,�F�.., z v
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<br />� . •. . hvelve monWly payments,at l.ender's sole discretion. I: ' . �'. „+•• �
<br /> � ' `� p p.ym Y Y p refund to Borrower an
<br /> - . � -. U on � ent in full af all sums secured b this Secudt Instnimem. i.ender shull pnmptly y jt,;:;;�, . _'"'
<br /> • � Funds held by Lender.If.under paragraph 21. l.ender shall acquire or sell the Property.l.ender.priar to the acquisition or sale ;'?: :: . �1� %
<br /> � ' • • of the Property,shall apply zny Funds held by l.ender at the time of acquisitian or sale us a creclit against the sums secur�by �}.,. - � . .1
<br />- � � this Securiry Instrument. ��''` . . ..--.-
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<br />_ � � ''}1�:� � 3.AppliratIon,of�ayments.Unless applicable law provides otherwise.all paymcnts received by Lender under paragraphs - �;
<br /> - ' '���f�� � 1 and 2 shall Fs�applied: firct. to any prepayment charges duc under the Nate:seoond,to amaunts puyable under paragraph 2: i}`�`�'"
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<br /> • " . � "•:����t? ��' third,to int�.,�st duv:fourth,ta principal due: and last,to any late charg�s duc undcr tho DIata. ��% � ; •�:��-
<br /> -_ ;..:::.;':,-... - , „ - 4.Charges; P Y E P Pe �I�`:'�•.�-• �
<br /> Lfcns.J3Fxrower shall a all taxes,a5se.csments,char es,fincs and im psitinns attributable to the Pro tiy , � '
<br /> j' '' .14��yich may attain priorit};+r%�r this Security Instrument. and Ieasehald payment�or gmund rems. if any. Barrower shat!pay '.'r,,: . ` ,.��,•
<br /> � ' t hese o b li ations in t he n�'s:: rovi d e d in r a h 2,o r i f n o t a i d i n t h a t m a n n e r,B n r r o w•e r�c h n l l a t h e m o n t i m e d i r e c t l j'��` . ' � ��
<br /> . g P P�S P P P Y Y •:��•.::ti�l•.
<br /> -� � to the person owed payment. Borrower<b.ail pramptly fumish to Lender all natioes of umounts to be paid under this paragraph. � �"'�_
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<br />- � . ' I f B o r r o w e r m a k e s t h e s e p a i�:n e n t s d i r e c t i y.B a r r o w e r s h a l l p r o m p U y f u m i s h t o L e n d e r r e c e i p t s e v e d e n c i n g t h e p a y m e n t s. j :• •,�����x X i;f„•�:
<br /> ;�,•, Borrower shall pmm�'�iy?'sscharge any lien which hac priurity over this Security lnstrument unles�8orrawPr.(a)agrees irt � .. +:,::��`::�;f`:`•::`
<br /> ,•- , writirt to the a ment na.°.�;a.:�c�hli ation secured b ttt�lEen in p manner acce tabfa ta Lrndcr,Ib)contests in aod faith the lien �; ;; YA;�� �";•.
<br /> - -- � P Y S Y P s , 1r,,
<br /> : ' . by. or defen�.s.,�:inst �lc::ement of the lien in. tegal pspceedir.;s which in the lxnders opinian operate to prevent the f , ,,• ,�yt;;;s�,• '�'
<br /> � � � � enforcemerte d�i�i�.liesi;or(c)secures fn�cn the hotder.of the lien r�,^.:9�reemem satisf.tctury ta Lt�nder subanlinating the lien to �' • •. " ld;;�1�' •
<br /> _ ,.�.: , t a , . .;,�f�•.• �
<br /> ihis Security�I"ixi�tament.`Lf I.ender determines that any part of th4,['n�er1y i.,ub}dct tn n li�n which may attain priority over �:.
<br /> `�A�'��'� this Sccurit lnstrumcdt.'�:.ender ma ive Bnrrower a rtotice idcnfs in the lirn. Burroa�er shait satisf the lien ar taEce one or --= - - - --
<br /> '�t' s�it:�.. Y Y S �7 � y ±•. :'. ' „ ,
<br /> ,;��>�}'��};r : -= _=`•-; more of the aclions set forth above within t0 days of dTe�iving of natice. ` <<f,�'� . .-.
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