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<br /> TqCi[3TH�R W[TH all the Improveraenig now�r hereafter crected��n tho praperty.and uil eusemenYy.uppurtonanccs.
<br /> and fixtures now or hereaftor a part ot'the property. Ail r�plucemenu+and ndditionA�hull�Iso be cuvere@ by thle 5rcudty �
<br /> InstcumenG A!!af tho fongoing is referted to in this Security Insnument av tho"Praperty."
<br /> BORROWER COVENANTS tltxt Borrower ia lnwfuliy scised of tho cstatc here�y convoycd nnd has thc dght to grant
<br /> urtd convey the Prc+paty and that the[M�perty is upsncumbered except for�mumbrnnces of rccard. Botrower wnrraaW nnd
<br />_ �— _ — ----� wiil.c!efend genemliy tAe Iido w tho Property agtdnst uil claima and�emnada.aubject to nny encumbrances of t�ecard.
<br /> THIS gECURI'TY INSTRUMENT combines uniforna covenante for nnHonal use and non•uniform covenantp with r
<br /> limiced variadons by jurisdtcttan w consHtuta a uniform sectuicy lnstrument covering real pmperty.
<br /> — — UIVIFORM COVENAIVTS. Botrowertiad I.endec covenant and agree sia fallows:
<br />'��r i. Pay�nent ot Prtndpal and Interesu Prepayment and Late Charges. Bormwer shnit pmmptly pay whea due the
<br /> - principal of eitd intsrest on tho debt evtdensed by the Noto end any prepayment nad late ch�tges due und�r tht�Nate. _
<br />=ai.� 2. Flmds for 1i�xes and Iasurancc. Subjoct to upplicable luw or to a written waiver by Lender.Borrower shaU pay W _
<br /> - Lau�;an dr dny�oathlY t'�Yments aca due under the Note.wttU thc�:atc is paid in full.a sum("Fu�da")for.(a)yesirly �-., _-
<br /> ' taaes and assessmenu whic}�mny attain priority over this Securtty Instrwnent as a qen on the Propecty;(b)yearly leasehold
<br /> � payments or groumd rents an the f'ropcYty, If any; t�) Yearly hazsrd or PmPertS' insurance premiuma; <d) Yearly flood �
<br /> remiums !f an ; and(�an sums pAyable by Borrower w
<br /> ' s ce . Y
<br /> lr remiums if an • (e) eariy mortgage �a uran p Y
<br /> i�surattce . Y+ Y
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<br /> ' I.ender,in aecordnnce with the provlsions of Qamgraph 8,ia lieu of the payment of mortga$e iusurauce premiums. These
<br /> hems tue called"Escrow Items." Lender may,a!uny dme,coUect and hold Funds in an amouat not to exceed the maximum
<br /> amount a leader for a federally related mortgage loan may require for Borrower�s escrow account under the federal lteal
<br /> Estate Settleuient Procectare.4 Act of 1974 aq amended from dma to dme.12 U.S.C.$2601 et seq.("RSSPA"),unless aaother _
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<br /> law that appUes to the Flinds seu a lesser amoun� If so,Lender may.at aay tlme.collect and hold Funds ia an amount not tu
<br /> exceed the lesser amounG Lender may estimste the am�unt of Funds due on the basls of current data and reasanable
<br /> <,�•.,�a:,,. estimates of expenditures of futune Escrow Items or otherwise ia accordance with eppHcable law. _
<br /> 'Ihe Funds shall be held In an institutlon whose deposits are insured by a federal ageacy, instrumentaliry,or entity _
<br /> (Includtng I.ender.if Lender is such an insdtution)or in any Federal Home Loan Bank. L.ender shatl apply the Funds to PaY
<br /> the Escrow Items. I.ender rtay not charge Borrower for holdin�and applyiag thc Funds,unnually tu�alyziag the escrow __
<br /> ACCDllilt,or verifying the Escrow Items. unlesx Lender pays Borrower Interest oa the Furtcls�nd appiicable law permits �
<br />` Leader to make such a charge. However,I.ender may require Borrower td pay u one-tlme charge for un indepeadent real
<br /> ::„•.• � estate tax reporting service used 6y Lender in conaecdan with this loan,unless uppllcable law pravides otherwise. Unless aa __
<br /> • •, ,t�; ageement ia made or appUcable law requires intcrest to be puid�nder shall not be mquired to pay Borrower any interost or �
<br />�. , h .��.• ";:``,_:� esunings on the Phnds. Borrower und Lender may agree in wridng,however.that interest shnll be paid oa the Funds. I.ender _ry
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<br /> � ti�n� , n���'• shaii give to Borrower,whhout charge.aa annual accounting of the Fl�nds.showing credits and debits to the Funds and the .�
<br /> _�.�,Q. ,:• ' Piupose fcm whici�wct►de�.it ta itt�Atads uas m�sle. Tlte Fuads are gledgQd ac�dditionnl cecudry for aU sums secu[ed bY �`:-
<br /> _ , :r3.�.::r�;>�� thisSecurltyInsuumen� '
<br /> `���`'�'�^�z'1'� If the�nds held by L,ender exceecl the amounu permitted to be held by applicable luw, Lender shall account to ��
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<br /> ��;�:M�•;:i►••;;��1�: 8urrower for the excess Funds in accordance with the mquirements of npplicable law. If the amount of the Funds held by �,,�,:
<br /> "i'Ir���,.;�' Lender at eny tlme is not sufficIent to pay the Pscrow Items when due,Lender may so nodfy Brnmwer in wridng.and in �;.�
<br /> ����-�'�°����• such cese Horrower shall pay to I.ender the amount necessary to make up the deficiency. Borrower shuU make up the •��;:,�
<br /> ,'e��e��t,t•.ra t-:
<br /> , �`' ��-•,•,���:- deficiency ia no raore than twelve monthly paymenu,nt Lender's sole dlscretion. �;�5
<br /> ��` •�"'�'' �; Upon payment in full of all sums secured by this Secw3ty InsUUment,Lender shnll prompdy refund to Borrower any
<br />"'j' ` - � r r Funds held b Lender. If, under parngraph 21.Lender shall acqu3m or sell the PropeRy,Lender.prior to the acquisIdon or
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<br /> '• ° �- sale of the Property,shull apply eny Ft�nds held by Lender at the dme of acquisIdon or sale as a credit against the sums -
<br /> = " ' ;4�,��i�'y;r.,� f.. secuned by tl�is Security Instrumeat. �-•,:
<br /> '?, �,.;, ��;+ �,. 3. Appltcadon of Pt�yineate. Unless applicuble iaw provides otherwise,aU puymenu necetved by Lender uader ;�.
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<br /> �'As: ' paragraphs 1 and 2 shaU be applIed:first,to any prepayment charges due under the Note;second,to amounts paynble under :,
<br /> _ f.' paragraph 2;third,w interest due;foucth,to priacipnl due;and last.to any late charges due under the Note. ��?�`
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<br /> 4. Citargesi Ltens. Borrower shall pay aU taxes. assessments, charges. fines and imposldons attributable to the
<br /> property which may attain priority over this Security lnsuument.and leusehold paymenu or�round rents, if nny. Borrower
<br /> � � y.�T �Y' � U. shall pay these obligations in the mnnner provided in patng�aph 2.or if not paid in thut menner,Borrower shall pay them on ,
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<br /> ,� .{,,,� ,�a:,, time directly to the person owed payment. Bomower sbali promptly furnish to Lender all notices of amounts to he paid under
<br /> `'� ` ' this puragraph. If Borrower makes these payments direcdy. Borrower shall promptly fumish to I.ender recetpts evidencing � '
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<br /> t�i �,r�.
<br /> '.t�•. . ' the payments. ,
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<br /> � .� Bomower shaU prompdy discharge any Hen which has prtority over this Secudty Inspument u n less Borrower.(a)agrexs
<br /> �� ' ��`�'' in wrIpng to the puyment of the obligadon secured by the lien in a manner acceptcible to Lender,(b)cantests in good fnith the �_
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<br /> :v.' ,;:,,, . . lien by,or defends usainst enforcement of the lie�in,legal proceedings which in the Lender's opinion operste to prevent the ,,,
<br /> � • �h;'�'�s,^.%• ?� enforcement of the lien;or(c)secures from the holder of the Uen z+n agreement sadsfactory to Lender subordinating the lien
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<br /> ' "'" '` � to this Securl Insuumeni. lf Lender determincs thut uny part af the Properry is subject to a lien whfch may attoin priority �,.
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<br /> •:'; '�= • over this Securlty InstrumenG L.ender may give Bo�rower u no�ce idendfying the lien. Botrower shall sutisfy the lien or take
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<br /> .. ,. �.,.,. . one or more of the actions set forth above withia 10 days of the glving of notice. �,
<br /> '' �»r�'-".; `.^°`•�'. „. 5. HazaM or Property Insuranoe. Bocrower shaU keep the improvements now exist�ng or hereafter erected on the
<br /> ��;,;•'..:ti.:.' : •... : Property ins�red against loss by fire.hazerds included within the term"extended rnvernge"and any other hazards,including
<br /> .. �.:.:�.:, _ � floods or flooding,for which Lender requires insurance. This insurance shall be muinwined in the amounts and for the
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<br /> �;�� ._', �} Fbrm 3028 9190 (pa8t 2 ajb pageii �.
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