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<br /> - .. '�'Qt3E'lniEI:'t'l�!'TH s!!kl:e{m�•rt�ver�Ms�+atw�x�rea�ler a�ecled an 4he nmp�y.�od.��.�.p Md :. .. -
<br /> tfxtat�s naW ar K;.�re�her • patt �f she p�ti(+erty. Ail eq►I�oemaits and additic�n��i! �Iw be cavered•-bY thi�,�aMrlh►
<br /> � inqtnars�tnt.AI{oP Iho foreg�aing is rGterr�ci to I�t this,r,a'��rlty]n�t�urt�nt a�the".�mperty..".
<br /> 1�NqRItOW�it COV6NANT�th�t�omowcr is Iiwfin9ly�seised aP tht esi�te hereby c+�vcya!�riQ ties the right t�aran�anct
<br /> ca+svey�hG I�ropeny ard th�t�I�e P►+s�p¢rty ix.unsncumberai.except foa xncum�bnu�oai�if recad. &aaowu w�s and +AiU
<br /> A�ft�sd�enerally tbe tilte W the Pto�xrty s��it�t�!t claims uMd Elun+mds�wbjpc¢to any er�cyn�br�of rocoe�d. '
<br /> ����IIS SP,CURITY INSTRUMENT combines unlf�tm oovc�far n�tloe�E-uu�P no�-u��ifi�tm cova►�ts with U�nited ., �•
<br /> vauiet�l�bY juddktion M�cot►stitute a unifotm security inetrumait a>vair�resl propcny: ' ��
<br /> -n---- ---� .�lk��UP.M C�'�/ElNAN�'�.Bnr�o�verr.!r3 L�_r�:oven*�►t�n�i���w fi,ltnev*: .
<br /> � � Y. hye�e�t e�lh�lyldprl aod Iotaee�ti Yr�7n�eat Md I�tt C.wrses•Bormwer Shd!p�roenpt�Y p�Y whem dne dyC ,
<br /> P��P�d of�nd lnte�t cm the debt evIdaxod by U;e Note at�1�Y Pte��me�t and l�te cturaes due unda�the Note.
<br /> 2.fi�n�[or TiucRS aad imMr�ncc.Subfcct tc��pplic�bto 1aw ot to a written w�ver by l.a�der, Bomower�l! p�y ta:� ..
<br /> IRqlEtr on the day aanthly paymeats arn due ander the Note,until the Note ia paid in fUil.a sum("Funds•)far:(nj yearty u�
<br /> inA,av,�es�mema which may�ttsin prlodry over this Savriry Instrument as s lien on thc Pmpecty:(b)yeA�ly 1cASetald payn�ants
<br /> . --- oS,g,�ztd rents on the Propertyr.ff eny;(c}yearty hazend or property inwmnce prcminms:(d)ye.arly ft�w�d in.wnr�ce,��miqnK,
<br /> if�uyy,(e)Yeuly ir�ortg�go inwrenoo pramtums.if sny;and(� anY�P8Yable by Bormwer to I.e+�r.in'i000�r�ce wkh
<br /> thm�visions of paragraph 8, in licu of the pAyment of mortg�ge inaunanoe prcaniwns.'�7ieee itans are�c�llod"F,sceoar Itans,"
<br /> Iaad�r•n:ny, at any timo.colloct and hold Funds ln an a�uount aot to excad the rmxirr�m amount a tendar for a federalty
<br /> mlatac��.mn�tgage laan may requi�c for IIurrower's cscrnw acxount under tba foderal Real Esta�Settlanernt Pi+�a�dun�Acx of
<br /> I7�4•aa�amefidod from time to t�me, 12 U.3.C.�Ction 2601 ct seq. ("RESPA"),unfess en�tlier la�d�at applidc to the Fu�ndk "
<br /> �ts�,tesscr amount. If so, [.end4r may. at any t�mo,colloet and hald Funds ia un amount rtot to eacred tLe[esicr unout�t.
<br /> � �jcr may estimata the amauat of Funds dua on the basis of cumnt data uid reasoua�bte est+tnates uf expc,xiitu�uf Cuiura
<br /> Escrovr.itema or otherwise in aceordana wtth appltcable law.
<br /> '�Juz Funds shall be heid in an InstItutton whose deposits are insurod by a focl�ral agency, insuvmeutaiity, or entity '
<br /> , titeal4�:�r�j•I.+cnder,if Lender is such an institutiony ar in eny Fodcral Hpme Loan Bankc 3.ender shal!�pply the Funds to pay the•
<br /> Sscimw�Itanv,i.tnder may not charge Bo�cawer for holding and applying tAe Fw►ds.annuatly ana�yz�ing the escruw accWat.at.�.�,
<br />- ve�ify3ag the 8s�:'vxv LtFms.LII�ICS9 LCRdBf(�3 HtIfItDlyeP�p(C�SL OA�I�IFpqd9 8'r7�A�p�iC&bIB IaW�C:CI¢�t$LCAdCt t0 11181C8 6llC�,- '
<br /> m e�arge. Howevex,.1.endes�Y requirc Borrower w pay�a�e-time cfiargc for an�Ync�ependent real est�te iax rcportjng servi�'e;`
<br /> .�� us�ti by L.erder in connectlQn with tuis loaa. unless appiieable luw provIdes otha�t�+ise. �[Jn[ess an agramcn��i� mad�o•or ..
<br /> appl'tcable law rsquares interest•to be}�aid.L.ender shal{ aqt be requirad to pay Borrower any intenst or eamiqg�on#lte Funt�s:',.
<br /> � H'�hmuwer and L.ender may agree!n��vriting,t�owever��hc�t ihurest aball•qe paid on the Funds.L.ender shall give to Bomow,�C;•�
<br /> u�ithnut chorge. an annual acaounUri�of the Funds. sha�ving emdits ar�d��ebits to tbe Funds nut4+t�te pu�wse for which e�lcb:
<br /> - '- ••-•-�i� uwni�tu ticc Fu�nta wn.i�ii�uio.T°„c•Fwx�u�pS�tgai�s an?�i;iio,mi scr�icy fu��ii suua�;uic,cii��+�i��:uricy i�m��s.
<br />:-;�,,,�;,�, ' � lf the Funds l�eld by Lea�ter exreed the amounts permittod to be held by applicabla 1aw. Lender�ahaIl nccount to Borrower
<br /> - for the excess Funds in ecoordrmoe with the tequirements of applicable law. If the amount of the Furtds held by I.eader at uny. �;•
<br /> time!s not sufficient to pay tha Escrow Items when due.I.ender may so notify Bomower in writing,and,in such case Borrower.
<br /> - sluill pay co Lender tha umount necessary to make up che deficiency. Borrower shull make up the deficiency in no more than
<br /> - twetve monthly payments.at I.ender's sole discretIon.
<br /> Upon payment in full of all sums secured by this Security Instrument. Lender shali pmmptly m4'und to Borsower any
<br /> Fumis held by Lender.If.under paragraph 21.Lender shall acquire or sell the Pooperty,I.ender.prtor to the ucquisttion or sale
<br /> of the Property.shnll upply uny Punds held by Lender at the time of acquisttton or saie us u credit uguinst�lte sums sexured by
<br /> � tliis Security Instniment.
<br /> 3.ApplicaUon oi PeymeMs.Unless applicable law provides othenvise.nll payments received by Ixnder under paragrAphs
<br /> 1 and 2 shall be apptied: first.to nny prepayment chnr�es due under the Note; second.to umounts payrable under paragr�ph 2;
<br />'` third.to interest due:fourth.to prirtcipal due;and last,to any inte charges due under the Note.
<br /> 4.Clwiges;Lfens. Borrower shall pay att taxes,assessments,charges.fines and impositions attdbutabte to thc Propr.�ty
<br /> whlcl� may attain priortty over this Secudry Ingtrument. nnd leasehold paymenu or ground renu. If any. Borrower shati�pt4y
<br /> these obiigadons in the manner provided in pazagraph 2.or if not pa�d in that manner.Borrower shall pay them on dme dirertly
<br /> ta tke persoa owed payment.Borrower shall promptly furnish to Lendes all notioes of amounts to be paid under this paragraph.
<br /> If Borrower makes these paymenu din+ctly,Bon+ower st�all prompsly turnish to I.ender receipts evidertcing the payments.
<br /> = Borrower shall pmmptly dlscharge any lien which has pdority over this Security Instrument unless Borrower: (a)a�roes in
<br /> ' wrl8ng to the paymertt of the abligation secuned by the lien in a manner acceptable to Lender; (b)oontests in good faith the lien
<br /> by. or defends agninst enforcement of the licn in, le�al proceedin�s which in the Lender's opininn opernte td pnvent the
<br /> enforcement of ihe lien:or(c)secures from the holder of the lien an agrcement satisfactory to I.ender subordinnting the lien to
<br /> this Security Instrument. If Lender determ{nes thut any part of the Property is�ubject to u lien which may atwin priority nver -
<br /> this Securlty Inshument, L.ender may give Borrower a natice identifying the lien.Borrower shall satisfy the lien ar take one or
<br /> more of the acttons set forth above within IO.iays of the giving of notice.
<br /> foren 30Y8 8/80
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