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<br /> TUC���t 1ViTH Yll thn improvcmctats nnw or he�r�Rar uatr�on tha prnpeny. nnd�!I aaecnrnts,iqs�:e+�+,�,�od
<br /> fizAurex nuw nr i�rrr,x�ter x Exut of tlie prupetty. All repltu:en�cnts :uid wciditlr,ns Ft�ll alui E�c cavcr:ci by thi�: Sr{•urlty..
<br /> — Tr►�tcu+nent.All af the fure�alnQ iy rafer►�1 to!n this Socurlty InsttumCnt aa tbe"Aro�xny." .
<br /> 8Q1tR0`�R COV�NANTS thrt Bomqwer is lawfu{!y�ei�ed nI the e�tate herd�y oonvryed and..hu tbe right to Rrant aed
<br /> conveY the t'raperty a�d t1u!the Pn�}xrty ix unencc�mEsered. excegt far er�cumrirw�c�t�nf raard. 8artower wamu�u �nd w!A .
<br /> detend ta�er�lly the tilk w tMe Pmpa�ty ajdmt dl cldmR�rd danu�►ts.wbject to�n.y encumbr�of rnc�ed.
<br /> T}fiS S�CURiTY INSTRUM�.IVT c�mblexs unifbxtre coven�nt�for isational�se end n�n•eniturn�mvcnant�`rvitR� Ilmised
<br /> �------__ _ _ � �
<br /> vui�tioiu bY Jur�xtktinn ta cnnstituta a uNform socurity instrumant�averin��+eal pc�peny. " '-
<br /> tIN1PDRlH CaVBNAId7'3.Horrowcr u�d Lander oovc�nant and agm aa fatlowa: �
<br /> 1. Fs��aeot ot Printlpw) �ad Iphreeti Pre�Xment and I.�te G'Iwraea. Barrower sdall P��Y PaY wha� due t}ie
<br /> pdncip�!af�u�d intereat on the debt evidence�by the Nate ond any prepayment ind late cbuges due under tho Noto.
<br /> S. 1Fua�far T�x�e amd inurancr.Subject to applicuble law or to u wrItun wa,iver by L.crtdcr,Borrower shali pty to
<br /> I.ende�on the Qay mo�thly payments are due under the Note.until the Nota ia paid in N!!,n sum("FuMs")for:(a)yearly taxcx
<br /> �nd atse�sments whlch aury attain prlority over this Socuriry Instntmern as a(tcn�n tha Praperty;(b)Ycrrly leaxlwld�yn�euts
<br /> or ground anu an the Properiy,if any:(�)Yearly hazard or propetty insnranoe pnemiums;(d)YesrTY tiaad jnsursn�e prcminms�
<br /> if eny; (e)yearly martgage insuruace premiums.if any;and(�any+sums payablo by Borrower to[.ender.in�rdance v�Ith
<br /> the provisions of pamg�apb 8.in tieu of the payment of mortgaga iasurancc pnaiiums.These items an c�ted'Escmw itemn."
<br /> L,ender may. et any time. oolloct nnd hatd Funds in an amount not to exceed the maximum amount a txndar for a fedarslly
<br /> related mortg�go toan may requirc for�orrower's escrow accouat under the fedoral Real Estate Setdement Froccadui+cs Act of
<br /> � __� 19T�as amenda�l fmm dme to time, 12 U.S.C. Sectlon 2601 et seq. ("RESPA"),unless�r lew that applf�s to the Fwids
<br /> aets a lesser amount. If so. Lender may.at atry time, collect und hold Funds In en e►aount aot to ezoeed tho lesser s�nwunt.
<br /> Lender miy astimate the amount of Fwids due on the basis of curnent data und nasonable estimaus of eucpanditun.c of fatuce
<br /> � — --- Escraw Ltem�s ar otherwise in accoidance with applicable luw.
<br /> The Funds shal! 6e held in an tast�tution whvse depos3ts are insured by a federal agency, instrumentality. or entlty
<br /> � (including Lender.If Lender is such an institution)or in any Federal Home Loan Bank.Lender shall apply the Funds to pay the
<br /> Fssmw Items.L.endtr may not charge Borrower for holding and applying the Funds. enn�aUy analyzing the escmw exoum,or
<br /> ver�fying the Escrow[tems.untess Lender puys Borrower intem�t on the Funds and applicable latv permits Lender m make such
<br /> n charge.However,Lei�der may require Horrower to pay a one-time charge for an independent real estate tax reporting ser�lce
<br /> t�sod by Lender in oonc�e�ction with this loan. unlcxs applicuble law ptovldes othenvlse. Unless an agrecment is made or
<br />_ applicable luw requines lnterest to be Qaid,Lender shaA not bo required to pay Borrower any interest or earnivgs on the Fwids.
<br />: __,__ = Borrower and L.ender may agee in writipg. however.thut interest shall be puid on the Funds. i..ender shall give to Barrower.
<br />_,, w[thout cherge. un annual uccounNng of the Funds, showing credits and debits to the Funds und the purpose for which eaci� °
<br /> debit to the Funds wns m3de.The Funds am pledged as addit�onal s�ecurity for all sums secumd by this Security Instnimeat.
<br />- If the Fwids held by Lender eaa�d the amounts pemiitted to be held by applicable law. Lender shail acoount to Borrower
<br /> for the exxss Funds in aococda�tce wlth the requirements of applirable law. If the amuunt of the Funds held by I.ender at any
<br />- � time is not sufficient to pay tha Escrow Itams when due.I.ender mAy so notify Bortower in wridng,and,in such rsse Bormwer
<br /> :� sball pay to Lender the umount naoessury to muke up the deficiency. Borrower shall make up the deficiency in r►o enure than
<br /> }�� � twelve monthly payments,ut Leader's aole dtscretion.
<br /> ��:,, Upon payment in full af all sums secured by this Secudty Inst�ument. Lender sh�ll pmmpdy refund to Borcower any
<br /> Funds held by I.ender. If,under parngtaph 21.I.ertder shall acquire or sell the Properry. L.ender,prior to the acquisition or sale
<br /> of the Property. shntl upply nny Furtds held by L.eader at the time of acquisition or snle c�.s a credit against d�e sums secured by
<br /> thia Sacuriry Insuvment. �
<br /> 3.Appllcation of Paymeats.Unless appllcablo taw provides otherwise,all payments received by Lender under paragraphs ---
<br /> 1 and 2 shall be applle�:first,to any prepayment charges due under the Note;second. to amounts payable under panigraph 2: �-
<br /> ' thlyd,to interest due:fourth,to pdncipal due:and last,to any late charges due under the Note. �"
<br /> r: R .
<br /> 4.Chatges;,Ltens.Borrower shall pay ell tnxes.assessments,charges, fina and impositions attributable ro the Property _
<br /> which may attain priority over this Secudty Instrument. und I�sehold payments or ground rents,if any.Borrower shall pay -
<br /> �';`�' these obligations in the manner provided in paragraph 2.or if not paid in thut manner,Borrower shall pay them on time directly �:_
<br /> to the person owed payment. Bornower shall promptly furnish to L.ender nll natices of amounts to be paid uncier this parugraph. i=;�
<br />__ e
<br /> If Bormwer makes these puyments dic+ecdy,Borrower shall promptly fumish to Lcnder receipts evidencing the payments. r`'=
<br /> !..: Bonower shall prnmpdy discharge any lien which hus prioriry over this Security Instrument unless Borrower:(u)a�rees in
<br />�ri��,`�'�'4�' wddng tn che payment of the obligauon�ecumd by the lien in a manner ucceptable to Lender; (b)wntests in�ood faith the lien
<br /> �"•' by. or defends against enforcement of the lien in, legal proceedings which in the I.ender's opinion operate to prevent the
<br /> �•�•�,�i: •
<br /> • eaforcement of the lien;or(c)secums from the holder of the lien an agreement satisfactory ta Leneier sutsoniinating the lien to
<br /> , this Secvrlty[nstrurteent. If L.ender determines ihat any part of the Property is subiect to u lien which m�y attain priority over
<br /> =��� this Security Instrument,Lender may give Borrower a notice identifying the lien.Borrower shall satisfy the licn or take one or
<br /> ';,?;�°:f�i more of the actions set forth above within l0 days of the givin�of notice.
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