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<br /> - Qnc!fi�casres now nr hereaft�,�p�t af the prbpe�ty: All rc�tacelm�nts�,addi�iaas:sliall a2so be r�vaxe8 6y Q�Secac�t3► f, , ,
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<br />- - ��- ' ` �d„fead.Be��callY.4he titIe ta thc P�party against aIE cL�IrBS and des�acid�:sa6l�ct ta�ny'easumbra���f recorCf. . . � . � _
<br />== ' '�S SECURTTY 3NSTRU.M�.!PF.cam63aes uuifaan wv�s far,natio�tal.uso nacl nen-uAiforar covenantg with , . •
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<br /> 't�"�.� `�'�� timic�vari�do_s�1,yin�sd.�cciqn w c�nsun�.a�tuifos��ty insuus�nt cove�r��f�ra�rs�r .. . . -
<br /> - ` — �` `- - ` UNIPORM C�OV1�N� Bormwer�d Y.a'nder eov�roap[t�agi��sfa3l�:. `a �r�en due the.` -; _
<br /> .`�"Y ' ,_�` x'� �. l�ym�at of Prtadpel ant!Ya�teres�Pre�3�ea�and&.ate C�geg- Bca�owea shall'Pramp�lY p Y :
<br /> . � '?�-.����: ' al ofr and inteiest aa the debt evis[enoed by the Not�sn�anY�S�aYm�n�and late c�arges d�ie�theYdote. � .
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<br /> _,�-•'�' �. Fl¢ndstor�and Iawraace. Snb,�ect to s�pplic�le taw or to a wntten wa�ver 6y Y.ender.8asxower shall�yw
<br /> - =_�� ` ' I ender oa ti►e dny am�hly payments ace�u,a uuder`ttse Nnie,imt�3�ths Nate 3s paid in fn32,�a sum t"�s"j faz:fa}yeariY .,
<br /> . .�£�� ��^�°�„�e�a�i�mnY.a�aia primiry aver tbis Secutiry Ins�nt as a lie�am ti��c�npertp:(b3.Y�F teaseho2d�
<br /> -. "�`'��T ' payments or g�im��ats an the Paogcaty,_if aaY; (�)Yeaziy ha�ard ar property ins�a�u�e pre�s;td? Y�Y<Q� • .
<br /> _�°� �. • T e if ,aad tfl au�►.sums paY�ble�6g Boraowea to
<br /> =���;:. ��nsu�a�re c�emmm�s,�any;tg)Y�Y A19�Se msL�..p�eauiwts. a�y- �t�ese ` � —
<br /> ' ;,-=�-�,�.:;;;;-±�`,�r;.�r` ; Leatde.a;in accaidanoe wit8 the pmvfrsians of pa�ag,�aph 8,iu lieu oY the PaYmsat of martgage inscirance pm.�niums. ; -
<br /> �•'�>-;��°:. ixems are c�lled"EscmN Ite.ms." LenBer may,a t'a nY t�c d ll e c t a n�h o l d F n n d s i a a n a a t o m t t a a t w e x c e e d the�nax�m
<br /> '-.���• . for B6aawett escrow�csousit under ti�federal�tral
<br /> � , .• r 1 . amount a�der.for a fedetallY cela3e�martgage Iami may�uire �
<br /> ;=�.,�;,� f
<br /> ����.--�=�'4 E�ate Settl�meni Pt�ues�'i s t o f 1 9 7 4 as a m e n d e d i t o m ti m e t u a m e,1 2 U S.�§2 6 t 1 i e t s e g.("R E S P A"?,�SS ano
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<br />" �`:�,.;.�. .`., : `, IaVt t�.i ePPlies w the I§mds�ets a tesser amanat. If so,Leuder maY;�t anY��e.�°��ti4�d}�mds iu a�t amormt rrAt to
<br /> -'f � � ' ' ex c a d t h e lesser amo u n s. L e a@ e r'm a y estimate the azaowos of Funds due on the 6asis af cutrent data and�a.mnabte , , . ___--
<br /> .�>,'• . ,`Y_ � of fuque E�scow Items or otheiwisa in asxurd�ce rrith applicable law. � . _ _
<br /> .:: eswnar�esofexgenditures � � a fed.erdl insuymeatalitY.a���Y
<br /> ..�.'� ' 't4te F�ds shall be he in aa insamtion w�,ase d sits aYe insu3ed bY ��Y• _
<br /> ;L ;;: ,,� ..'�,�...,`♦ . ._.__._. _.��g Lendea.'sf F.eader is sucD an instrtnti.aa)aT in aay F�derai Homa Luan Banit.l.ender shall a�tp1Y��Fq�s�m�p�a� .% .
<br /> , � •'�`,'.r':. . the Fscmw Items. Lender may not chazge Boiiowes for holding an8 app1y3n8 t9e�nds+mmuallY�Yi+�
<br /> '�`:��'�'' ° �,�r-.,.. s Bozrower interest an the Fbnds and applicable.laQr petmits
<br />_ '.: � _;;-�;•:, ' accouat,ar verifying the Esccow Items.apte.ss LEnder P�Y Borrower to a a onatime c f�ar an independeat�al �
<br /> � `"��.:`" Lender to make sucb a chazge. However,Lender may requi�e P Y �Se pe
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<br /> ' � � ���po�g serviae used by Leader in coaaection witA this ioan.ualess applicab2e laa provides otherniise. Uatess,an
<br /> _ . • . .agreement is made or apglicabte I�cv requires intecesE to be paid.L.ender shall aot be�ecia�ed to PaY Bo=rower any mt�st or
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<br /> 8� ihat interest shall be paid am the Fuads. Lende��.
<br /> eats�ing on the F�ads. Baimwer and L.ender may agree in.writing,however�
<br />- sUall give to Borro��rer,without charg�aa annual aceouuvng of t�e Tvmds,shaWing c�di�s����►��F+mds aad the -
<br /> the
<br /> - , � piupose fos which eacb debit w the Fvmds was made. 'II�e Funds ace pledged as additianat secinity�or all sums'secuied by.
<br /> " ^ ' •�" �''< -:`•;:`.;=. . this Secarity Instn�ment: •, •
<br />-- ,.:., . ..; I,ccnder siiall,a�chun�tn
<br /> �s; : �• If the Funds Iteid,try Lender exc�ad the amoumts permitted to 6e held�,by appllcats�1aw,I.
<br /> � � ' - Borrower for the eaccess F+.mds in accordance with ti�e�ui�men�s of applicable la�v. If"tfie amo�mt of the Fun�:fi��by
<br /> •. . '"'• I.ender at any time is aot sufficieat to pay the Pscrow Items when due,Leuder may so notify�ormn�.in v�sitit�'�;�:i� ___.
<br /> � • ` sach case Bomnwer shall pay to I.endec the amount aecessary to make np the deficiency. Borroa�r�t3.mF?���the
<br /> - ;. ;`°.': '�':.: deficieucy in no more than twelve monthly payments.at LQnder's sole discretior�. -
<br /> -- � . Upan payment in.fi:ll of all sums secured by tins Security Insuarueat,Lender shall pmmptiy refuad to Boz'�s�'anY ----
<br /> � • ' Funds held by I.ender. If,uader paragraph 21.I:ender�shali aequite or sell the Yroperty,L.ender,Pno�to dte acciu�stt�n o= _
<br /> .' . ssrle of the Pcoperty,sha11 appiy aay�►nds held by Lender ai the ume of acquisition or sale as a cc�edit against the sums �__-_-
<br /> . . s —
<br /> • � secnced by this Secur►ty Insuumen� a meats received by Leader undrs =°"'==�_
<br /> � .� :,; . 3. Applicattan oY Faymeats. Unless applicable law provides otherwise, alI P.Y �----
<br /> . . •`. � 'paragaphs 1 and 2 shall be•applied:first,to any p?eFayment charges due under the Note;second,w amounts payable umder _----
<br /> • : ::,;,,.s�.' .� al due;aud last,to aay late charges due under the Note. -- ----
<br /> . ". �,..:i;:^.�{;;•:;• . Patagaph 2:third.to iaterest due:fourth.to princiP ' __
<br /> ,.�r �. • . � Charges; Idens. Borrower shall pay all taxes,assessments,cbarges.fines aad imposiaons amiburable tn the ��i�_
<br /> '� • ' ,� Aro�erty which maY attain Priority over this Security Insmiment,and leaselw2d payments or ground tents,if any. �c�ower -- -
<br /> ,�'•.` ..:: ,..�-: � shall pay these obli�ions in the manner provided in pazagrapb•Z.or if t�oc p:�.-�d in that manaer,Bomavr�err sha11.gay tt:em on
<br /> - ti�.directly to fhe pdcson owed paymy�nl. Bom2w er shall pm.mptly fumish to Lender all no6ces of ameua�ta�e ga�d t�nder �_-
<br /> ��.. . . — ---
<br /> . . . • this�SCUagnp�. If�otrower aiakes these paymer.�diaectlY:Barsower shall prompdy fumish to Lender c�i�ts evid:�cing �_y�
<br /> the�ayments. : • �...
<br /> Bomower shall promptly discharge any lien which has(�cinrity over this Securiry Instmmeat unless Bocrower.laj�ogees ��ry�
<br /> ' � � ' in vrriting to the payment of the obiigatioa secured by the Iiea ui a manner acceptable to Lender,(b)w�tests in�ood faith the �.r _:.:.
<br /> ' ' � ' lieu by,or defends agaznst enforcement of the lien in,leg�1 iroceedings which in the Lender's apinio�aperate to pc�event the .-=,�z�.�,
<br /> eoforcement af the lien;or(c)secums from the holder of t�e lien an agreement satisfactory to Lender su6�rdimating the lien ,;:, �,;;,:
<br /> � , � � to this Security instrumeat If Lertder determines that any p�t of the ps+upeciy is subject w a lien wluch may�uaia.priority -- - --•:
<br /> I � ' ' . . ! � over tl�is Sec�nty Insnument,Lender may Sive Borrower a aauce identifying the lien. Earrower shall satisfy the l�en�tatce . . .- �:�::
<br /> � ^•"• � one nr mote of the acdons.set fonh above within 10 days of tP��giving of notice.
<br /> ' S. Aa7ard or property Iasurance. Botrower shnll keep the unprovezaents now e�cisiing or hereafter e�3 oa the
<br /> .� . . ' •Ptoperty insured a,ga+��t loss by t'ue.hazards inciaded within the term"extended coverage"and any other hazards.inetuding . . �
<br /> _ . �•,� , floads or flooding,for which Lender requires insutance. This insnrance shall be maintained in tiie amounts•and�'or the ,
<br /> , �.. . . , _ � � • •
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