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<br /> T(KiL�'fi.t!?ft WlTFi all thc impr��vemcnts naw ur hereafter rra:tai o���he pnq►r.rcy,und�dl enncnvsnt�,+�;+�irtennncew.
<br /> . usH1 fixturc��r,nw or hereaftcr u part of the property. AU rcplacementc aad�rkiili�Mx sh�ll al�+►t+c ruvr.�l hy:h{h titiurily
<br /> tpstrumertt. Jttl of the fcmgoin�is iYferrr.d ta in thia Secuciry Intwment ai the"Pmperty,"
<br /> � BORROWER COVENANi'S thet Borrower is lawfully�eixoct uf the ew��te htrcby cunveyrJ wnd hr,�the rfyht tu�r�nt - - �
<br /> n►td conve}l tt�e P�o�xrtY and that the Property ts wiencumbeced,except for encumbnnce�r oC rocord. 8mtnver w�mnt,�rixl
<br /> t�ii11�irfi�nef�e►t!rtr�lly thr.title tn ihe F1�oneny uqninu ull clu3ms and�lemands,,ubject tu uny rn�•umhnuw•eti��t rrc��rcf. _
<br /> THIS SFsCUR1Tl' 1NS'iRUiL1ENT combina unifc�m covenanta fur nrdutul u� und nun�unit�Km cuvrnur�t+ witl�
<br /> limtted varlaticxis by jurisdicti�n to con:,dtute a unifu►m securiQy in�tn►ment cove�ing rcul pnipe�ty,
<br /> UNJI�UItM COVH:IJANTS. Baaower and i.endtr covcnant�ux1 ogree u.�foU�ws:
<br /> 1. Pay��f ai Principel ond Interrat;�'repRyment wnd�.�►te CiurRd�. Hormwer shul!pn�mptly puy whcn due�he
<br /> prineipal of 1nd intcr�st on ihe debt evideneed by the Nc�te and any prepayment und late churgr.s due umler tht Nnte.
<br /> 2. �`unda[or'hzea and Ine�rr.nee. 5ubject to applicuble luw or ro u wdtten wulver Sy�.erder,Horruwrr�hull Ewy to
<br /> £.en�kr an tt,e day monthly paytuentc:ue due under Uir. lYv�r.uutil the Notc is paid in full,:i sem 1"Fun�l�')ti�r:(•rl��C:uly
<br /> taxcs�nd nasessm�ents which may attain prioriry aver this Security Insuument as u lien on the Rnperty;lb)yrurly leavchold
<br /> payments or ground rents on the PropeRy. if �ny; (c) yearly ha�urd or property insum►►ce prcmiumz; (d1 yrurly tl�H►J _
<br /> lnsurnnce prcmiums, if any; (e)yearly mortgage insurunce premiums, if uny; und (t) any tiumr puyuhle by R�wr��w�r tn
<br /> l.ende:,In accordance with the provisions of paragraph S,in lieu of the p:+yment of moef;age insurutxn premiumy. 'I'he�e
<br /> items ure calleel"Escrow Items:' Lender may,at any time,collect and hold Nunds in an arm�unt not tc�rxcced itk mux{muiu
<br /> am4unt a lencler for a feder�dly related mongage lasm may require for IBarrowers �:scrow account under the fedtr�l Itc•rl
<br /> �:st�tte Setticment Procerlures�ct uf 1974 as amended frum dme to timc, l2 U.S.C.§2b111 cr.�ry.l"kFSPA"),unic,s un,►the�
<br /> 1<av thnt nppiie.q to the F�mds sets a Ie.�ser amaunt. If so,Lender muy,ut any time,collect unJ hald hUndti in an unnwnt nut at
<br /> exceed the .l�sser umount. I.�nder may estimate the nmouot of Funds due on the basis of current datu und �ruuinuble
<br /> esdmutes of expendin�res of future Escrow Items or atherwise in uccordance�vith applicabie fuw.
<br /> 'Che �un�s shall be held in an institudon whosc deposits:u�e i�i5ured by a fcderal ugency, i�ttitruntent:dity, ur cntity ��
<br /> (iucluding Lender,if Lender is such an instlturion)or in any�cdcrUl Home Loan Bank. Lcndcr shall upply►he hunds t��pay
<br /> the Escrow Ttems. Lcnder may not charge Borrow�er f�r holding:md applying Qie Fim�iti, aumr.dly:rnaly�ing the cscruw
<br /> account, ar verifying the Escrow Irems,unless Lender pays Borrower intercst on 1he Funds and appliruble luw pennitx
<br /> Lendcr to make such a chargc. Eiawevcr,I.cnder muy rc;yuim Butrower to pay u onc-timc chargc fi,r an indepcndcnt n:al
<br /> estate t�vc rep�>rting scrvice uscd by Lender in connecdon with this luan,unlcss�pplic:►blc law pmvidcs othcnvisc. Unlc`s an
<br /> a�reernent is mudc or applicctblc law requims interest to bc paid.Lenckr shall not be rcyuircd to pay Horrower any intcrest�x
<br /> esrnings on tl�e Aunds. Borrower and I..ender may agrc in writing,howe�r�,lhat intemst sh•rll bc paiJ un thc Funds. Lenckr
<br /> shnll give to Barrower,without charge.�n annual uccounting of the Funcds,�howfng rredits and debits to the Funds und the —
<br /> puiNvac foi wl'iiC�'i C.T�h BC�+:�14se��=ld.%:`•,s•`•=iiad`=, 'T_�'-C F���1��<�m nlyd�r�i a�additional ti�curity ior�ill sunis sccurcd by
<br /> this 5ecurlt�Instrument.
<br /> If the Funds he.ld by Lender exccFd the amounts permitted to bc held by applicub(c law. L�nder shall account to
<br /> Borrower 1'or the excess Funds in accordnnce with thc r�quirements of applicable law. If the.imuunt oT Ihe Funds held by
<br /> Lender at uny time is not sufGcient to pay the Escrow Items when due, Lender muy so nutify Horrowcr in writing,and,in __
<br /> suci� case Bonower shall pny to Lender the s►�nount necessary to muke up the deficiency. HuROwer tihull m:ilce up thr
<br /> deCciency in na more thun t�velve monthly payments,at I.ender's sole disccetian. -
<br /> Upon pnyment in fuU af all sums secured by this Security Instrument.Lcnder shall promptly ref'und ta Hurrawer any
<br /> Funds held by�.ender. If,under pan�raph 21. Lender shall acquirc nr�cll the Propc.rty,Lendcr,prior to thc acquisitiun or _
<br /> sale of the k'�+�perty, shnli apply any Funds held by Lender at thc timc of ucquisition or side as a crcdit ugainst the cnms _
<br /> secured Uy ihis Security Instrumcnt. �
<br /> 3. Applicatbn of�aytnents. Unlcss applicublc law provides othcrwisc,all payments rcreivcd by l.ender undcr -
<br /> par�gmphs 7 and 2 ehull bc applicd:Grst,to any prcpaymcnt ch�uges duc undcr thc Natc;�ccund,to.unount�;p:►yublc undcr �
<br /> paragrap}►2;t;�ird,to interest due;fourt:�,to princ:pal due;and last,to uny lato ch:uges duc under thc Notc. �_-
<br /> 4. C3ixrges; I.,iens. Borrawer shall pay all taxes,assessments, charges, fincs and impositions attributable to the �„�,:,
<br /> Properiy wnich may uttnin prlority ovcr:his Security Instrument,and le:�sebold payments uc ground rentti,if any. BorcoWe� �:,.
<br /> shall pay thcse obligadons in the munner providcd in parag�aph 2,or if nat paid in that m:inncr,Borruwcr shall pay d�em un v:
<br /> time dircctly to the person owed payment Borrower shall promptly furnish to Lendcr all nutires of umounts tn Ix:paid undcr _
<br /> this paragmph. If Borrowcr makes these payments directly, Dorrower shall promptly fumish to I.ender receipts evidencing
<br /> the payments. s
<br /> Borrower sha11 prompdy dischnr�e any licn whic}►has priority over this Securiry Instrumcnt unlc�s Bunuwcr:(:U ugreez _
<br /> in wridng to the payment of the abl;gutian securcd by die lien in a manner acccptable to I.ender;(b)rontests in good faith the �:.--
<br /> lien by,or deteitds ugainst enforcement of the licn in,legal procecdings which in the Lender ti opinion oprrate te►prevent the �'`;_.
<br /> enforcement of the lien;nr(c)seeures from the holder of the lien an agrcement satisFuctory to ILendcr subordinating�hc lien F-
<br /> �''=T,
<br /> to this Security instrument. If Lender determines that any part of the Property is subject io a lien which may attain priurity � .,-
<br /> �ver this Security InsVUmen�I.ender may givc Borrower a notice ideiitifyfng the licn. 0orsowcr shull tiatisfy the licn ur takc ��-;
<br /> une or morc of the actions set farth abovc within 10 days of thc givin�of noticc. !��=-
<br /> S. Ha�rd or Properfy In�nrtince. Borrower s;h�ll kecp the improvcments nuw cxisting or hereaftcr crccted an the
<br /> Property�nsurcd against loss by fire,huzards included within the tcrm°extendsd rnverage"and:iny otlur h;uards,includinF t^,s�_
<br /> tlnnds or flaaiing, for which Lender reyuircs ins�irancc. This insurancc shall be muintaincd in thc amo�nns and for thc l
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