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<br /> �� TnstxuuK��.��1I of��'o3egalu�is��'erted to fn�his 5ecuiity,dnsu�zn�nt,�.s the e�b . '� . . �. �. . -r—
<br />=°--- —-- ---- � < . Bt�Rtt�WEt�DU�t�N,1Nf��t Bcumwei ts t�vu-f�iy s�ised af t�.�tatc�fie�by co�va�rr.d aasi�as t�dgh,t,ta g�nnE .�. ; �
<br />= • ` °a�convay tha pm9erty,ar�i ttr�the Pt�perty ia ut�ntutnbered,ex�gs fas enFu��rantes oY t�cot+d. Hqix�1�?cr v�aii�aats�c! '. •
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<br /> _ —=°°'-- � wii�defand geactalty�tt�title!o the Pro�My mgIIivat rilt claiqns��mands.snb�t to aay�Q��tscot� . • ,
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<br /> - '� TEIIS $BCtJRi'1`X INS"�'RLiM��car,�baae�uniforuE�wYen�fur�aatEaaal trse��nd agra�,9#'�ma c�ve�� wit�� : � .
<br />= � � limite$va�ons by ju�ds�istlQn't�cans3ecnee�.twifo�rn secu�dty is�ria,ment covec'in�real,psoAetty.. , . . • �
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<br />- �'I}�'`�`::��:�=`"' � UN�ORNI GBY�ANTS: Bonawez aad LEadercaveuani en�ag�rea�s fo�I�ws; . . �' . � � .
<br /> �__, . �{ �p �Q �.¢g�4��� °*� �q.� n ,y�y��(� �����}�,y��
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<br /> ` "" �'"�k�::.=�,;:�;"-; prnqci�l of aa��nterest aa th°�►ebt evid�nced 6y the Not�aaa anY Przg'ay�eutan�lat�cd�8es du�uicder tha No!e.. �. �
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<br /> � ` `=�'� 2, ,�nds for�'aaes�tacaratx� �ublect to apglic�ble laar c�r tQa writ�aaveaiver�y�,emder.Banc�wcr sh�ll ti�y to .
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<br /> ' Lga�e�the da�r mont�y payments ea�due�dte Note.u�the A'ote is paid irs full,a:som("Fiufds°}fos:,(a)yearlgx
<br /> '-: . � taaes anai sssessments wI}ich may attam ptloritY Qve�t this S�I4stntment as a lisn an the P�Perty:�t►�Y�1�s�� ° .
<br /> . Aa�sn�ents or Stuu�ceflts aa.die AroPcRY,if auy:(c)Y�Y� ��P�S' iasaianc�puemiums;t�Y ➢ .. ..
<br /> _ i�^u�nce ptemiams,if anY:(�)Y��rt8a8E insuraare premiums.ff a�y;and(�aaY.sttm.s PaY���Y;�weSr'ta .
<br />- - . Leader.in acarsdanee witl�the pro�isiafls'af patagrapfl 8,ia lIen of st�e payment of mortgage insurdnoe��m�s. ?7xse .`
<br /> �:>.a.. items are callcd°Esctow Items.° I.ender may,.af anp time.colle�t aad hol��ads ia an um��tt ant W exc,eed tfiC max�mnm ,
<br /> "'�:'.. - �� , amonnt a ieuder for a fed�i�llp telated inoitgage laaa may m�nue for Basraw�s esclrocv accbumt t�nder�ha feders�ILeal . •
<br /> ' Estat�SetHement Fr+oce�es Act bf�974 as aurea�ed fram.time to time.12 U.S.C.-§2bt)t et seg.("R�PrA�.(mltss.ano3t►ex .
<br /> - � law tbat applies tn d�e Fvmds sets a I�r am�unt tf so,1�r may,at aay tia�.�ullea and I�old Fi�uds ia an amai�at Aat to' _ .
<br />_ � �exceed the tesser amaunL L�nd2r.may estimate the�amount nf Puads dne au t&e basis af cuaent dad�aad re�hle t,
<br /> . �:' ° � ```�" �rmutes of esp�s of futute Fsccovsr Iteaos or oth�rrise in accardance tivitb applicable!aw �•� ' �
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<br /> . . ,..=s�`.«.-:�_,::��.''` • � Ti�e�'v�ds s1�all be 1QeId in an instiurtion whasA deposits are�6y a fed�sai agency,msutmment�tity. at eniity � U
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<br />_�b�=L�,u��� C�uctading I.ender.if Lendee is si�ch an instituaon�or in any Fedeial Fiome Loan Bank. LeIIdet shaU app�y tAe�i�ads ta gay:.
<br /> �.�::rt,�-;.,�.�--�.Y�, the Escmw Items. Y.end�may aat charg�e&strower.far haI�ag and agpiying'the Fund9.:�n�Y�Y�$��w :' .
<br />�`i�{��� =='''�i�:��'.�.`;� . --- ar�coua� ar verifqing the Fserncv Iteins,nnless Len�er pays Bortawer�cest on the F+�ds s�+d�pplicBi�Ie lav�po�miis . .
<br />�f::==: �:�:::��: : I�ender to malc�stich u cbarge. However,Leader m�p��e 8otm�r�t to pay�a oae-time cDarge fer an independeat�
<br /> =��:w�,r�.T�;•_,:i'n='�: e,stame"tax reporting setvice used by,Lender in r.ouaection with th�s Ioan,aaless applicable Iaw provides othera+ise..Untess aa . � _
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<br /> .r�•.•..,.,._t-::, ,-�f agteemen2 is made or applicabte law t+equires iateiest M be paid,Lettder shall not be t+e�wpay B�a'awet a�r interestor '
<br /> - eaamngs an d�Funda. Boim�rer andl�nder may ag�+ee in wciting,hawever.that iate�at sball be paid oa the Prmds: I.endet . .:
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<br /> ,��,�;.���. . � shalI giv�e to Borcower,arithout charge.aa aannat accauntmg of the�ds,shourip8 ctedits and debits to t�e pirnds and the ,
<br /> .::�:,.:,���: ; .�-'.'.�;: . Purpose for wiuch each detiit m the I�nds aras made. The Rmd's are.pledged as adaitional security far all suws secmed hy • ,
<br /> , • '•a . ���ry�en� . '•
<br /> �' ' � '�:':z. ' •If the Fimds hel'd isy Lender exc�the amosmts pe�imed w be he2d by applicab2e.law.�ader�slralI accuunt to .
<br />. ';'r'•'.'`:,`.': '. Borruwer for tfie excess Fimds in accordaace with We�qtmemenis of app2icabte law If:the amaunt of the Fuads I�e1d by
<br /> ,: ��F:•;f�.::.�..,. ... Lender at aay d�ne is noi sv�cIent to pay the Fscrow I�s when dae,Lender may�ao�fy Ba�unwer in writi��,and,in _ ,
<br />- �� �r`. �` � s¢sh case Bormwer shall pay to Lender.the amoimt n�sac3+ to make up the de�C�iency. Bormwer sliall lmake ap dte ,
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<br /> ,� �t��' .., `. , deficceacy in ao mor�than twelve montWY payments,at Lender'�sole discretion. . .
<br />�`"'�`�'�`'�,`!E' , ..;,.�: .'..'....� .' (T�On paymen2 in full pf ell sllms SeCU�ed by 1�is Sec�mty tnctn�n+�►.- LeIIdei sball p[omp$y cef[md To BolmweE 2IIy- .
<br /> ,•' � ' ••,� ` Fuqds held by I,eader. I�vnder paiagrapb 21,i.eadet shall asquite c�t��l the Pto�ty.Leader,Pnor to the�cquisition or •
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<br />_ �' sale of We Ptopeny,shall gppiy any Funds hetd by�r at the ts��ef:acquisi�.�r sate as a credit agazmst tha snat�
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<br /> � secuted by this Security Instram�nt � .
<br />_ � � � . : ' 3. Applicatton of Pu�ntx�ts. Uniess appli�ia�aw pmvtdes odteiwise.all payments ceceived by Lender uttder �
<br /> pa:ag�aphs 1 as�d 2 shall be applied:fust,w anY P�P�ent ci�gcs'dfi��ucder the Nate;second.to amnunts payable�mder .
<br /> - ':.,:'�:.�' �`• patagraph Z;t�t,to intet�st due;fowrdi.ta g�rincipal dne;aad last,w acry laze charges due undet the Note.
<br /> `:�"..��%: •' . Q. C�a�s; We�s,,Borrower sha31 pay all tases.assessmeats.charges. fines and impositions att�ihumble to the
<br /> �'� :'�f,'s'��' • ``'I praperty which may auaas p�nity over this Seciuity Icsxament,and teasehold paymenu or g�uund zents.if any. Bomowes . -
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<br /> .:-:t�,�,:��•.;� '�.��y',r.:� sball paq these obl�gatiens'in the manner provided in Pss"'+�aPh 2,or if not paid in that manacr.Bosower shaU pay them on
<br /> ` `�• . .. . time di�ctiy ta tha t Bormwer shat4 mptly fmnish to Lender all aotices of amwms w be paid aader
<br /> peisflu owed PaY� Pro .
<br />. ���, , , '_. � this'para�, If Borsower matces these payments di�t➢y,Borrow�s�all PmmPUY fumish to l.ender receipts evidencing _
<br /> - -`:Y�' ,.�• : , �Payme� . .
<br /> �• �� .'..,, � Botiov�e�shall prompdy discharge any lien which has priatity over this Sec�ity Inswment tmless Bomuwer.(a)agrees � _
<br /> .•_, �'::. . •' .;�i�srrrit3ng to the payment of the obliga�on secuned by ttv��Cep in a manner a�eptable to Lender,(b)contests in goa!faith the
<br /> .��s�=�' ,�. � „' ��uan by,or defends against enforcement of the lien in.Ie�l proceedings which in the l.ender's upanion operate to p�even;the -
<br /> eafa�ement of the lien:or(c)secures from the holder of the lien an�eement satisfactory to Lender snbordinating the tien _
<br /> _� `..' . � :�'��.� ; to this Secur3ty Instrument If Leader detexmines that any par�off ifi�L•?mperty is subject to a lien which may attain priority °
<br /> -;,�f'.�f� �;:r;,�?��Sd� over this Securiry lnswmeni,Lender may�e Hor;ower a�stia:idi�t�£ying td'e lien. Bo:rowu�.�t�satisfy the lien or take _
<br /> . ;�:;,;:,t;:�s���r'•.:, one or more of the astians set fotth above ai�bmu�:ys r�8 ti'a�giv��ff notice. •
<br /> , ,>��. .,;`+}��'` S. A�ard oi Pro�Imnraaoe. B 'or;us����¢ep tL�improvements now e�asting or P�,,ereaRer erected on the
<br /> '• Pcioperty insu:ed against Ioss 6y fire.6a�ards included�s'ad�the terni"extended coverage"and any•other hazards.including _
<br /> � . . , floods or f2ooding,for which Lender requires insurance. 'IZn's in�r:zance shall be maintaiaed in the amounts and for the =
<br /> ' , � , '•� .'�. ':. Farlm 30� 9/90 fPcBe Z oJ6 yagr�l' �-
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