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<br /> --— - � B�3RRb�R CA�lENAI�STS thst H�io�rer`'is lawf+lll�seisec!of.t�te�te hereby�'canva�red°a�d h�s t�e agb.t ta gtam` _
<br />,-� � and coauey che Fmpeity an�that tt�Pr4pertY is ualeacambe�c�,•acce�t for eacumbsances bf f�rd. �orcvar�r�an;I ., :
<br />- — w�I¢efead genetally Yhe dtle ta the . �Fcvpert�►agawst ull ciaia�s ead dema�ds.�ut�ect qo any eu�mbra�ces of se�ord- . , r . . ; . - _
<br /> �T�S SECitRiTY B�;iTRt7M$NT oombines aaiform coverisnb fo� natiana! ase aad naa-uaifASm caveaaats wit&
<br /> ' . : ..�,� . � Yimited variauons by jarisdictifln to co�stlt�tz a�foim s��Y�t caverin�raal grage�y ' � �
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<br /> '� :�:,,_i"'"'` ,;. . ` . : U�Rl�it`OVENANTS Buiiovrer$nd I:eaderi�t.�f aad agree asio}tows:= � . _ : : _ _ _ ._ << _ _ —- .- _
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<br /> ' ..='� 2. P�yc�eut of Prtndgn!and Iuterest:�nt a��C�a��• �atnower shall I�ompilY Pay aI�en dt�ihe —
<br /> - �. � �Orriucipal af a4sl inietest an tiie Qe6t evid�acedbl►the Note ascsl aaY t�F���d Iate clr�rges dne imderthe Note. -
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<br /> 2. Fiomdstorll�tesaad�msna� 5alsject to apPlics�ble law or to a wntsea vraiverby Leader.Borrower shall�ay to, . •
<br /> -�� I.eBdQr aa ti�e day manWtY P�Y��are due uader the Note;�.the Note is paidin fitll.a snm("Fvuiids")for.(a}yearty
<br />— - taxes and�srssme!+ta�v�id►map att�apriority over dus SecaiityrIastn�meas as a 3ien og tbc Pc�oPertY+(bj YeaciY lessehoId
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<br />°- FaYm�nts ar gROUnd re�ta an the,�repetty,if auy: i�) Y�Y t�� or gmg�ty insvranse giewiums; (d?Yearty tIow� .
<br /> insuraace trrzmiums,if.any; (e1 Y�IY�B�Se:�fi�mi�.S if.any;and($�aY sams Payab2e by Boaower to .
<br /> - --.�s:v:�,t.. I.ender,im aocurdaace with thc pravisivas of pa�a�aph.$,ia tisu Qf ti�gay�ent of mort�e dnsivance g�m�mms..'14ese . —�__--_ ----
<br /> •.� �,;:,,. � items are caIIed•"Escrow It�ems" Lender raay,at any tuae,colleci aad hold Fands ia an a�awrt not to e�cce�d the maximt�m..
<br /> � ' amoimt a Jendet for a fedeislly retaterl martgage lo�may reguiie for Baavwer's escror�u.acaonnt cmder th�fedetaI Real
<br /> Fspie Settlement Ptoceduces,Act of 1974 as amended.fran ti�IIe to time, l2 US.G§ZbOI 4n seq.(°PtESPA"),an3ess anoiher . .
<br />= r f.^� tapv i1�at applies to the I�mds sets a lesser amount•If so,Lender may.at any time,co2lect and hoId F�mds'm an amownt not to :
<br /> `. '�-����•� ., exceed the Iesser amflmn� Lender�a�y estimate the atnnnnt of F�mds due on the�asis�of c�aeut da4a and zeason�ble . _..-
<br />_ r �•, t '? estimates af expendiwze,s of fadue Fscrow Items or otherwise in aceard�ce with'agplicab2+�;�aw. � � . �' _--
<br /> �.s�:��_.r.;� �T�e F+mds s�all be fleld in an in5tiwuan whose deposits are insarec�by a fed�;-%��cy,9nstr�e•±raf;ty,or eutity ;. _-
<br /> ,rs.�.:, f,-:X:���-`:-;:. ; _....�._..'.C��ng Leader,if I.ender is such aa institatianl or in any Fedetal Ho�an Bank._�t�mr«�shall•apply the F�nds to pay . - _
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<br />- .`, �:��'�. , the Escrow Items. Leadeiinay not��ria�ge Borrower foi irbldi�g�and� uing the Fi�ds.�nualIy-,�aly�ang t�teressmar .,-,::•�
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<br /> ..::��r ' . :?n.•; aocauat,or verifying the Esccaw Items, ualess•L.eader pays Basrower�t oa the Fun d s and�c a b2e l a�v permits .•
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<br /> ::����:•..;'.;� I.ender to make sacb a charge. However,Lend��laY�e9l�iFe.B�rrowet,•�s•�Y a aae�tinne charge for an iadependent teat • —
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<br /> . �. . estate tax r�arang service used by Lender in conn�crion ar�4��14an.c�;`aPPticable�aw,piovides otherwise. Untess aa =-
<br /> � � � agraement is ueade or appiicable law requires interest ta���:ettder'^��.not be mquiaed to pay Boaower any inteiest or .
<br /> °,';;�' ,'`.,' �� eamings on the P�nds. Borrower and Leader may sgree in rs��g.Boals►�:;:ihat interest shall be paid o�the Fimds. Leader �-
<br /> - .::� .: `.;.;...�� shall giv�to Borroiver.without charge.an annual accounring�of the I�s:;•r�oaring cmdits and debits to the Funds and the
<br /> �'*`.,�' ' .:;� � . , • piupqsa fur which�ach debit to the Funds was'�.�. The Funds a�pledg�d as additional.securiry for all sums secuted 6y _
<br />- , ,�= .. �:• this Security I,nsnvment • '�:�, '
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<br />� If the Fands held by Lende�.eaceed the acnotinu�.ted to be held by applicabte taw,Lender shall acco�mt w ,
<br /> '�'1 Bornnwer for she excess Funds in accardance with the�equ:�nents of applicabte law. If the amaunt of the Fimds held hy • -.-
<br /> ` • ' ' '����" • Lender at any time is not suffic[ent to pay the Fscrow Items when due.Lender may so norify Boirawer in writing,and,in ' --- -
<br /> '�,:. �.,,•..,,..::•� ' . such case Boaowef shall pay to Lender the;�mnnt necessary to make r�.the deficiency. Boirower shaU make vp the �--:�u-='-
<br /> 4 I` , � � •s� .� deficiency in no tactn:than twelve monthiY PaY.-s�,Qs.at Lender's sote disa�a�. � .. ��'' -�--_
<br /> '; ,�, r�'f,?�A� . , Upon payme�;t.�hill of all sums securei3 by�this Security Instrura�:��t:euder shaU pmmptly ie�f�to Borrower anY :' � — -
<br /> :', .ti�,�;�? . Fundst�e3d�bg.I.ender. If,undcr ParagraPh 21,Lender shall acquire or s�_1ie Praperty.Leader,Prior ta the acquisidan or � � .-r—=:
<br /> sale ot SAa�Property,shall apply any Funds held by Lender at the Ume ei'acquisition or sale as a credit against the sums a :_
<br /> . , � s�ma by this Secuiiry Insstrameat. '° -
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<br /> •• 3. AppD2caiInn oY Paymenta. iJnless applicable law provides oti�eiwise,all payinents teceived by Leader under ,,�.;�=_-_,--
<br /> .. . , paragraphs 1 and 2 shall be applied:fust;to anY P�PaYment charges dae er�er the Note;secoad to amaunts payable nnder � .;: :�; -- _
<br />- � paragraph 2;third,to inteiest due:fourtL,w principal due;and last,to an late char es due under the Note. ��:`:•;y't ' '�=
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<br /> . ' . 4. Cflasges;l�ens. Borrawer shall pay all taxes. assessments.charges.fiaes and'impositions attn'butable to the • ,���n
<br /> � • � Pcoperty which may attain Qriority over this Security Instnunent,aad teasehotd payments or ground rents,if any. Barrower -.�•�;��.:.-�y--
<br /> . � .'�''� shall pay these ob1igations in the manner pmvided in ParagraPh 2,or if nos paid in that manner.Boaawer shatl pay them on f -` �_—
<br /> - time directiyr to the person owed payment.Borrower shall pmmpUy furoish w Leader aU no6ces of amounts to be paid under f Y '
<br /> tiris pazagraph. If Botrower maalcees these payments directly.Borrower shall pmmptiy furnish to Lender mceipts evidencing, ''�'� �� ��
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<br /> . . . the paymeuts. , ',��:': '�'.��:
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<br /> Borrower shall pmmpdy dischatge any lien which has griority ovet this Security Ins�wvent unless Borrower.{a)agrees ,
<br /> ` ��,;, ..�� . � in writin to the payraent of the obligation secured by the lien ip a manner acceptable to Lender.(b)contests in good faith the , �., ;�;:�-f
<br /> - ��"'��•' lien b ,or defends a ainst enfarcement of the lien in,te n.n�edin which in the Leader's o �on o iate to� revent t$e •.:.- -_��'.-:=-
<br /> r: y B S'al.F 8S P Pe P ••;:.,:'��_
<br /> ��.��;. ,, � • enforcement of the lien;or(c)secures from the holder of the Gea an agcrx�ent satisfactory to Lender su6ordinating the lien ,
<br /> s--`.� � ' to th3s Securiry Insuument If Lender determ.iQes chat any part of the Prt�erty is subject to a lien which may attain priority ' •
<br /> . ';,`�`�'.•?`:�.,'�:,:, over tliis Secwiry Insuumsn4 Lender may give Bomawer a aotice identifying the lien. Hotrawer shall satisfy the lien or take -�..,.:.'�•.,
<br /> .. :�:.;;��;::<,...- •
<br /> _ ,;;_.,;,,�� . . . one ar more of the actions set fosds above arithiir 10 days of the giving of noticc. .
<br />_ • , ;<�,1.. .. , � 5. 'RtizaM or Property��r�c� Barrower shall�eep the improvements now e�cisting or hereafter erected on the . . . . :
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<br /> Pmiieriy insured against loss by t�,2�azards inctuded cvithin the term"extended coverage"and any other hazards,including , , . ;
<br /> � floods or flooding,for wivch Lendes re�ai�insurance. 7his insurauce shall be maiatained in the amounu aad for the �• .,
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