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<br /> 5� �"Z' ��*� � C � 1 . .. ' -____ - . _ ` , ` ; _ ,: _'__ ,-- ' ' '...` .-. ' :"e_ '-
<br /> - X�''�9 f y�y`{e �j-. . . . . � � � ��� � a . . ' � :
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<br /> -- ,� ?�.�--:.��• ' � 'C��i`�HE[�WIT�i�sil tIle�pmveme�ts aoa�ar he�er ere�ted uu t�e�gerty.n�� easL ��Pp•�ttcr�'nnc�a.. .
<br /> -0 .��-- � . .ansl��res noci�ar hsr�aRet a psrt mf th�grapeity: Atl 'sepIace�enia und�di�ans slnU`aiso be savered hy t�rss�Seauiiy�:
<br /> �:.<�f::s� -: _ ��en[..AII of the fore;oi�g is�fened to�n tfiis S�ity Ins�ent ss thQ'rProgert}r,° . , . �`�`
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<br /> ..{,.���i�?'<'``�'l: ' ' ' .�
<br />- '•�.4��t�;�'; ' BOItROWER t�QV'@3A�t3'�i'S.Ehat Bomativet is lawfally se�s�Qf the estatQ tl�reby cQnvey�il and�s th�ri�t i��gtax►t
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<br />- �.�,��:.�;�s�s�;�. , . �and'eanvey the Avpei4y and that the Frogerty is va�risathb2red,excapt fqr eriafa�rsnzes of Yecn:d: Hs�rs�rer wa.a�fs e�� .� � _
<br /> _ .y i `.�-,r.��_ ` , , y��ill�defead generat{y the t�cle W'the Pto�tg agafnst all e�aims end d�maiuis,suhject w an�►cnculubrsnr.�s of record
<br /> _ _�.= °•' ��:�: "'";.=�� THiS�ECtJRYt'Y INS1`EitrMF.fdT wfibiaes nnifarm cflp�naat� fQr n�anal ase.and aQn�i€at�n cuvenaats.wiiti . . �.
<br /> �: .:`. �limited vaaiaaons ay j�ction to casstimre a usifo�secnricy�e�u coverkng reat�ngeny., � � ,
<br /> :: .� : ; .. � (JNIFORM i:4VE.NAN'PS. H�rnwer and I.enc�cov�at aa�ag�as faIlcs�rs: , � .
<br /> - -. . - -- . . �- I, Y�eymentag��d�c�i�+e���'��r:t#�i2Gl��. Bo�ts��s4�11���Y Pa�_���_ ,
<br /> .� . - `�: � grEncipat of and iate�st o�the debe�videnced by the Nota and any piepayment a�t late c3�a�ges dw�und�r the letote. �,�. '
<br /> -�: c ,?.�^ �.� . �:. �nds[or'i�es aad i�susaa¢e. Subject to ap�Slicable law'or to a watf�n tivaiver by Lender,�or�w�r shali pay to
<br /> �. :� .`r' . ;�. I+eader on the day�nontbIy paymeaffi s�e due aader t1�ee Note.uhul tiis�Note is Qaid in fa11,a surn C'Ptratls"}fu�ta)Ycar�g� �
<br /> - -� ' `� � tax�s aad ass�ssmeais wlueh may anain pri�iry over this SeQaity Inswraent as a lie�oa the Pmgesty:(b)Yr�rlY.le��d'
<br /> •.:�i. Y�Y
<br /> ; "-r` �`�•_ .'<'��;;' paymeutts'oI giOtutd�LS oIl'the Piilpe1ly. if� (C) YeatlY h2T2td OT;friDpeTly�Ce[sleulij7lIIS: (dj �O�d -
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<br /> .,`�<,�;':._'' • _ ': ms�ce przmiums,if anY;(e)Y�xl�t mortgaSe�s�aace PTemiunos,if any,aad(f�ang sums paqa62e b�r Basa�ret tn
<br /> ,:',r+� � ' ;,", � Lender,in aa:ardance with the p�ovisions of paragrapH 8.ia lieu of thc p�yment of mcmga�insuzaace grenu�ms. 'fhese • .
<br /> � ..�-.... . , s
<br /> ` items are called"Essmw Items" Leuder may,at ffi►y 6me,soIIect and E�o2d fimds�n an amauat no�ta exc�the maxiia�
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<br /> r,::`":°::.����. amount a lendea for a federalty retated mortgage loan tnay te�ite far$utrower�s essmw account�dea the fEdecal Real�.
<br />- `� � Fstste Seulem�Ptoced�ues Ast of 1974 as amended 5v�tiraaio draw 12 U'.S C:§ZGUl¢t seq.(RFSPA'�,�uai�ss aueiteec ''
<br /> . '--:i:y taw tbat applies to the Funds sets a Ies.ser am�ount If so I.e�der maY.at aaY time,cul�ect and iioId�Funds in aa amovn4 nat�o < <
<br /> ��'`'•' exceed ti�leeser amormt. .Lender may estimate t�e aznmmt of f'vnds due on the basis qf cmreni daffi an�ce'asa�n�bie
<br /> . ` �stimates of expenditures a�fut�ue Esc�avr Items or oificrwise in acr.urdaftce with agplicab2e.bw. ' ,
<br /> . � , . '['he E�mds shall be held ia aa instituaou wt�ose deposits are insm'ed hy,;a.federat ageucy.insuum�tality.az enrity' . ,
<br /> •' .' ins
<br /> , _: •. (inciu�ng I.endr,r,if Lender is sash aa insfitution)ar in any Federat Home.i.oa1��nts. Lendes s}�aU ap�€�e P�mds to pay . .
<br /> .�..
<br /> : , '
<br /> ;._,�::': : ....� . !�' the Fscrow Items. iRnder may noi charge Boaawer for hoIding and apptyfaffi the 1�d�,.;auanally.ai�iyzidg'tt�est�aw .
<br /> • . . .-�--- . . •.. ,
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<br /> � " .4 ;; , n�ynng the�Essraw Icems.-vnless Leuder a s Ba�vYer inter�st on th�:�aaa aPDlioable laov,; , . ts
<br /> �
<br /> Lender to make sucb a charge. .However,Lender may require Bmrower to pay a one-t�e charge foi au'nu[e�r��ra;al , .
<br /> - � . :'�� , esrate tax reporting semce used by Lender in camnection witb tliis loan,unxess app�icable Iaw pmvid�s�ri�e;:�•au :
<br /> '` '� ':' ��''.' . , a�eeiaent is made or applical�ie taw nequi�es interest w 6e paid,Lender slraT�uot i�e requerect to pay Bartuwer.any ut�,t or ,';,�::`,
<br /> _...:_h_;_:'�:�::'"�:.. ' �on the Fimds. Bormweraud Ixnder may agree in writing„howevef,that interest sball be paid on the Fimds:�;�e;
<br /> s6ati give w Bmtower,with�ut charge,an azinual acrnunrin�;=a���,showing cr�dits and debits W the Funds��•tl�e : .
<br /> r�:; ,, . - - purQose for wluch eatch debit to the�ads was made. The�r�ace p?��.�d as additional setitt�iry far all stims s�t►Y . ,
<br />_ .<<'•: ���,Insuument •..,�;. >;, .:<�:'� ." • ' ' .
<br /> . .. ., , if.the Funds held by Txnder exc.eed the amouau perauaed'Lo be,�retd by apglicable law. Le¢der shall socotq�t to .
<br />- . � • Bo�m��er fort8e excess Funds in asconfance with ttae requia�,Es af applicable law. If the amouni af t#�e Plucds�ele!by
<br />- '� <. � ' . � Lendf�:�t aay tirne is not sufficient to pay the Escrow Items��due.Lender may so notify Bormwer in writfmg,�d.in -
<br /> ' , . • .. • sush�ise Boaower shall pay to Lender the amnnnt��-�•w make up the deficiency. Bormwer shaU make Eip the _
<br /> � deficieacy in ao more than twelve monthly payments.at LendzrTs sole discretiaa
<br /> � Upon payment in full uf all sums secnred by this Security Insuvment,E.ender shall pmmpSy refund w Bosmwer any
<br />- � , � l�mds held by Leader. If.under parap�aph Zl.Leader shall acquire or seU t�Properry,Lender.priar to the acquisition oT �
<br />- ° ' • sale of the Piope�ty,shaU appIY any I'vnds hetd by Lender at the time of.at�isition os sale as a ciedit agaic�.gt the sumg . ,
<br /> , � � � sec�aed by this Secauity lnsuument. • __--
<br /> .:�; .'.• ..,;, ;`. 3. Appf�rat�on of Pnyments. Unless applicable law�srovides otherwise.all paymeats ieceived by Lendear•¢�er. ---
<br /> ___._s_..,--—:—: , p��phs 1 and 2 shall be agplied:first.to any prepaymeuc�arges due�der ttte Note:second.to amounts payab?��.�r .— ---
<br />- • • , . Fatagaph 2;thad,to interest due:faurth.to principal due:ainf Fast,to any t�eta�arges due und�the No�. � =---
<br /> ��. • 4. C6asges.L(eas. Boirower shall pay all taxes:a�.�.ssments. cE"'..�5, fines and imposiflo�s�:�ibntabl� to the , —
<br /> .. . ' . Properiy whicb may attaia priority aver this Securiry Iasuum�r�.and lease�o;d pa}mtents or ground re�.t�.if aciy,� ��n'iwes --_
<br /> � . shall pay these obligations in the mannet provided in paragra���Z,or if not paid in d�at manner.Borrower s�all.g�ay.4fi'�n on =
<br /> �. . � `. time directiy to ehe person owed paymenr. Bomower shall promptly fiunish to l.ender all notices of amounts to be p^;p�ander -
<br /> _ • • , , Wis paragiaph..If Bormwer makes these payments dimctly,Borrower shall prompdy fumish w Lender receipts ev�deacing —
<br /> ' : . the paymenta.. . -_
<br /> �,,' . .. � � � Bomuwer stiall promptly discharge any lien which has priority over this Security Insihument oniess$ornowes:(a)agrees `=-
<br /> in writing to tlte pagnuent of the obligation secured by the lien in a manner an.eptabta w Lender,(b)wntests in good faith ttte -=��_
<br /> � . �• lien py.or defends;;�ainst enforcement of the lien in.legal proceedings which in the l.ender's opinion operate to prevent tfte ''•"=�:
<br /> � '.. enfo�ement of r2ir:L�nn;or(c)secums from the hoider of the lien an agreemeat satisfactary w Lender subordinating.r$E lien _
<br /> - ' ' - •��� to't'l�s Security InzuaanenL If Lender detemrines that any part of the Property i�;subject to a lien which may at[ain griosity "
<br /> � , � oves this Sec°ity L�-miment,Lender may give Borrowc�r a notice identifying the lien. Boirower sh�ll ss�sfy the lten or take : �.--
<br /> � one or more of the actions set forth above within 10 Qays of the giving of notice. � ��''�:
<br /> - 5. Harard o�Property Insuranee. Botrower shall keep the improvements now existing or hereafter erectec�on the � ` �
<br /> � • . . . Praperty insured againsi loss by fire.hazards included within the term"ext�nded coverage"and arry other ha7ard.s.tre�iTading � � �
<br /> _ • ' .� tIoods or flooding.for which l.ender requires insurance. 'ihis insurance shall be maifltaic►ed in the amounts and for the
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