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<br /> �°' . 'TUCi�YYf1'H cill th�iu�ia�emems no�v ar�cr erost�d on�ihs�rtyf��e�.s�` � .und , � - - -
<br />_�_____ - - � `{��.ttow or h�atter o.p3rt,of th�.�pm�rt7►. Atl iepl��mertis �.uud �&.dditiQas shall als4 D� oo�ered 6y ftiis �t�ty,
<br />= —— - ;..,.. Insusltt�t;All of the fai�oin�I�`referr�to in ti�i�Seatrity Instr�a�nt as the•Prop�2y�:°` . ° � . :
<br />- B(33�04►�it�OY�NANTS shat Bormwet is Ia�vfulty.seised of the ests�e trer��r oonveyed and Yu�s the righc ta grant�xi �,. .
<br />-_ �vi , convey,the�io�rty and that dhe Property,is,un2ncumbeted,exoepi fi�i ena�mbrances of reco.�d. Bonmver ware�nts ar.d vpi0 �
<br /> - - defend geastafiy Y�ie title to Lhe Propert��$8i8St.a1!c.�aims aad dem3�.suhje�t to auy eaaimbraua�af t�oord: ` ,
<br /> -- 7'tIIS SECt1R11�1t tNSTRUMEt�iT�lxines unifonn covcaant�f�r:aatfoaal use and nuiMinifa�n ooveuaass n+fth`timiteQ
<br />- ------_--;';. , vas+aGons�y ju�icdioa tm m��timte a unifotm security➢nsitumert asvetit�real p�npcity. . . __----
<br /> � � � iJIVIFORM COVENa1N7'S.Borrower aad Lemie�ouveaam and agee as fotlocvs: • < . � -- -- --
<br /> ���� .. •!..R iym e n t�f F r i a d p a!an d I tt i e s e s t: P r e p r�9m e n t e�m��a 4 e C h a e g e s. B orra w e r s h a i l p r o m P�Y P a Y w h e n d u e t�e . _
<br /> - ' .p�a!of aa�_�nicresi nn'the de�i evideac�ed by the Notea�►d at►!'P�pa}rineat anti ta�e charp�es due under the Note. .
<br /> � -..t`t `� ,_ yE t.�1[utds far Ts�es an�l Yi�u'anc�e��b,jact to applicabie taw or_to a writtea vwdiver by Lender,Borrowe�sUall pay to � ` �r�------ _ -
<br />_- � Lez�i�t un.the day mo�lY paymi,.nis are d�ce euidYr the Nate.unti!the Nate is gaicf in fuli.a siva('Fwtds")for.taa Y�IY� �"_R=`;""�'�"_.�
<br /> �
<br />_ an�ass�ssmeats which may auain�iority oves ehis Sece�rity Instrument as a iien on the Property:ib)Yeariy leasekoid payments = -- --- _ -- -
<br />- { or g,mund rents.oA ihe Proparty,if any:(c?Y�riy�6srard or pmperty iasurance premiums:(d)Y�ufY ftuud'msvranGe premiums. ----_ -
<br /> - � if aqp:(s�ye,ar�y•mattgag�iasivance prcmiums,if any;and(�?anY sums FaYabie 6y Bnrrowec tQ�.endes.in acaordanoe with - -------
<br />_ ��'�``" ' the v�ssoasof 8.in�lieaafthe —--- —
<br /> _ :f , pro ' ' pa�ag�aph: payrnem af enartgage insumnce p�emiums.lTiese icems an calted"Fscmw Items.' ---
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<br />- � � Lender m�y►,m a�titae,oollezt and hold Fimds in an:amount aot to exceed the maximutri amotiut�a lender for a federafty -=-
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<br /> ` ��:�:;;�h�r;,.. � retaied mortgage loan may tequur far Bomawer s escmw aa�unt.nnder the federa! Real Fstate Setttement Ptncedures Act of �-
<br />�- ��.:"�: � 3�74 as amended from tim$ta time, 12 U.S.C.Sedion Z6�t et s ("RESPA`),wi}'e�aaather law tHai a lies tm the Funds F,"'="",-.-_-_
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<br /> arurn�� ��. � ,
<br /> __ �`�� s,eis a lesse�amfluni.If so. I.endea may.at a�ry time,wllect and i�otd�unds�in,at►�amonnt noi to�xceed.the t�sser amouat. _�-
<br /> _ -_-`"�=�+:`��,�, �� � Lsnder may eslim2te the amount af�uads due on the basis of cume�idaL��ad reasonable estimates of expenditures of fuwre �:f�::=--
<br /> �„ �;�'- �3� Fscm�v Items or athecwise ia accordance with applicabte law. :'' ` : —
<br /> ..� ° �'"�� The Funds shall be hetd in an instimtion whos�deposits are insured by a federal agency. iasmimentality. or entity . � �' �--
<br />��`` .- ';�:� (including Lender.if Lender is s�an institution)os in any Federal Home Loan Bank.Lender shall appJy the Funds to pay tPie �� -
<br /> .���-o���;�i;;�'"';�� . . . Fscca�v-Items.Leader-' not e�Borrawer�for�8aldin and- 1 ' the Funds,annualt aaal .' tiie.esrrow.acxaunt,or _ ��---
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<br /> �„ � . :.� �. . ve�ifying the Es;�aw Items,unless Lender pays Bosrower interest oa tIt..Funds and applicable Iaw permits Lender to make suc6 ,---
<br /> —' , �'� ` a e.Ho�ec�,Lender ma uire Borrower to a on�tine� e for an irat dent r�st�.ctate tax nin servioe `�
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<br />�..-,•,'°::... . '�: �. _ ase$by Leader in.�udnediai�';?vlith this iaan, unless a�plieable law provides�qdi�,ise. Unl�s an agreement is made or .��:.,, ,:v=-=—
<br />-� : ' -� appiicable taw r�est�i.r:�iio,be paid.I.ender shall not be requir�i ta paX 8oria.'�any interest or eamings on the Funds. ��
<br /> Borrower and L�( �a ro writin ,hawever.that interest sha!!:(;e: � '¢crrt�q;a Funds.L.CRHCf SI13I1, �yJC�O HOfIOWef, � � �
<br /> � t. �o � ,�� ��"• g �' Y" � f�`�+. �,7:
<br /> . arithout charge, an annual accounting of the Funds.showing credits a�3�;�;u��o,the Funds and the purpose for wluch earh' "'`�'-r
<br /> � • debit to the Funds was •�'��`•��
<br /> . .. made.The Punds az�e pledged as additional secusit�?,�,r,r�s�secured by this Security Insttument. ��•:*r,�
<br /> � .. . If the Fands hetd 6y l.ecjder exceed the amounts permitted ta he heid Tsy agF�;r.�,f3:1'�yaw,l.ender shalt account to Borrower ,.=:,��.�;
<br /> -, , �,_� �•: for the eacess Funds in accordance with the requirements of applicable lativ. if the�v;snt of the Funds he(d by Leader at any ' ''��°E�. ;�
<br /> ' ° �` � �� ,• �.3:i�' • ame is not suffic�i to pay the Fscrow Items when due.I.ender may so ttotifjr$orrower in writing,and.in such ra�e Borrower � ��`��• �
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<br /> _, r :4, `.•. ,. ,.�k�;4{ sf�ll pay ta Lar3ca;the amount necessary,ta make up the deflciency. &i��ver sha11 make up d�"�,eiency in no more than ,.�:;�.;,:•:'- ��.
<br /> � > twelve monthly�.�7nents.at i.ender's soie dis4^retion. � ' f''�'•� - �
<br /> � �N ' . Upon payment in fuq af all�sums sci�ed by this Security inst�s�- i:ee�c�hall pro���i;�..:xefund to.Borroaer any ,, u ,,��� • ^ ;�
<br /> � '' ' Funds held by Lender.If.und�c para�mpl�ZI.Lender shall acquire or s�.s;tL��tc.���c:_,L,ender;'�i�;r.ao the aoquisition or sale '...;�
<br /> ,,`: ! ' " :�`,::��<;', of the Property, shall apply any Funds fietd by Lender at the time of��:c�on or.:.�si:e�s a ct���inst the sums secumA hy :
<br /> ,. �,;. this Security lastrument. �, : , . .. . : -_-- +
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<br /> { ,�}A� 3.Appitr�4Ion of Payments.Unless�;�iiiable law provides athy-�i�:,all paym�nts receive�b.yr#.ender under paragraphs r�:,
<br /> ��' 1 and 2 shall be lied:first,to an m -r*cent c es due under 4'1e:1ate;second,ca amounts able under ara h 2; ��=-
<br /> - �PP Y P PaS-- � PaY P S*aP . '�� _ -
<br /> - �� - �`� thlyd,w interest due:fourth,to principal due:and last.to uny late charges due under the Note. ' "� � �� �`�'
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<br /> , �� .`.,r•>' 4.Charges;Lfens.Borrower shall pay all taxes,assessments,c�arges. fines and 9mpositions attributabla ta.fhe Property :..r;'�i��;
<br /> . . '...;',Ar- �,•.: .' ,y,..�uoRC,:._..-..
<br /> ,:, which may utt.:ir.e priority over this Securit�*.�.nstrument, and leasehof��ymentc or ground rents,if�r�y. Borrower sha11 pay :. fi ����zY�
<br /> , ;L`:"s` these obligatinr�icc the manner provided in�;r�graph 2.ar if rtot paid�qc.d:�t manner. Borro�ver sh,�J7 jx�.y them on rime direcU�• • �;�,.;t,;�a�:.'.
<br /> � ;;'� to the person oivc�i payment.Borrower shafl`pmmptly fumish ta Lender:clh notices af amonnts to?^���:�1�:.Zder.e�iis paragraph.' • ���::Y,si:;=�=�•--
<br /> `'� ' � If Borrower makes these payments directly.Borrawer shall pramptly fumisH ta�Lem.'�receipts evidca�cing tnepay��ts. '��'•':���'�'
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<br /> - ��"a�:� ' - Barrower shall promptly discharge any lien which hati prioriry over this SecuriC�� Fr��ttument u��tcss Borrowt:;�a)agrees in • - ,,, }w, ;•
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<br /> � ' '°`����F:;r . writing to the paymen�of the obligation secured by the lien in a manrter Gi�^.:ptablz w i;�nder;(b}t;,�r,r;�stc in goad faith the lien . . ,: .- .S.
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<br /> • i� ;' p. '.'`t,l 3 • by,or defends ttgainst enforcement of th9 lien in. le�tl prc�ccedingg.vliiich in the Lender's o�ir��;�i operate to prevent the . ,�+p�•�;,..,
<br /> - '::}•; enforcement of the lien;or(c)secut�:from the fi��lder of'the lien an<:unzment satisfactory tn Lend�i subordin:7�g the lien to . • • :��"�1�;:�;
<br /> , . � 1 �•; .
<br /> . , -. ., this Security lnstrument. If Lender determines that any pan of the Piuperty is tiubja:t io a licn which may attz.t�a priority over � �
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<br /> this Security Irtstrument.l.ender may give Borrowec a rtotic�identifyin�the leen.Bosro�ver tihall tiatisfy the lien ar take one or
<br /> . ' � � � inore of the actj�*na set forth above�vithin 10 days of the gi�•ing of rna�irxi: � :;'�FS�
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