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<br /> TCf(3F."fH�R WI'!'H alt the impc�oreu�nu now or hereafter erecteri on the PrWkrtY,evc!a11 rasenxnts�opp��tenanc�".
<br /> and flxtures now on c�reaftcr a put of tha properiy. All r�placemcnta und aciditions slsali also�cavcr�d Ay thls Secu�Yty
<br /> Instsu.mnG Alf of tt�e foreguing ls refcrred to in thi3 3ccndty Listrument as the"I'roperty."
<br /> BORROWER C4VFNANTS that Bortower Is I�wfl�Uy selse�o�tlu eatate henby conveyrd u�d hu ihe righc to gc�c
<br /> �ronvey tho Praperty and that t�e I�ropeity is unencumbered,eaapt for encumbrerices of recdrd. Bomnwer wurants nnd
<br /> � wlll d�fa►d gerxr�lly tt�e titb w t6e Nc�npe�tY�iust dl cls3ms end dem�u►d�,sn6joct w any aacwnMu�ca of�ecoRdr
<br /> TH1S SECURITY 1NS'PRUMENP combines wsiform oovenants for natIonal use and non•unifotm coven�nta with
<br /> Wmttcd virladons by jwisdlctiom w tonsdtttu s unifoim security insuu�uent cover3ug�al prapeYcy.
<br /> UNIFOR�uI COVBNAN7'S. Borrower and Lender covenant end sgree as followa:
<br /> !. P�ymeM of Prfnctpd w�d Intee+esti PrePa�ment and i,de Chargea. Borrower bhall pmmptly pay whan due tha �
<br /> ptiwclpal o�and iaurest on tho debt avideacal by the Nou aad any prepayment and lau charges due undcr¢be Note.
<br /> 2. Ftirnda for ltius and Ltsurama Subject to applicable law or w a written waiver by L,ender.Horrower shaU pay to
<br /> I.ender on the dny monthiy payments are due uader tbe Note.until the Note is paid in full.a sum("Funds")for.fa)yearly
<br /> taxes and ar�es.sment�s wh�ch may attaia pdo�icy over this Securlty Instmment as s➢ien on tt�e Property:(b)Yearly leasehold
<br /> paymcnb or g�ound tra►ts on the Propetty�if any: (c)Yearly hezatd or property insurance premiums: (fi Yearly flood
<br /> iasivance ptemiuws. if any: (e)Yeariy mortgage tasurancc premivats.lf any:and(� any sums payable by Bon+ower to
<br /> L.ender,in accordance wlth the provlsions of paragraph 8.in Ueu of tha payment vf mortgage insurena premiums• '['hese
<br /> item�are called"Escrow Itema." I.ender may,at aay tjme.coltect and hold Fundq in an amount�ot W exc�ed We maximum
<br /> amouat a lender for a federally oelated mortgage loau auiy reqt�ire for Borrower�s escmw uccouat uader the federal R�eal
<br /> Estate SeWement Pmceduns Act of 1974 as ameaded fmm dme to time,l2 U.S.C.§2601 et s�q.(°RFSPA").unless another
<br /> law that applles to the Punds sets a lesser ainoua� If so,L,cnder may.ei any Hmc.coUect and hold Fands In aa amount aot to
<br /> excxEOi ti►e lesser aatoun� LendBr may er�dmate the antauat of Fuads dne on the basls of cuuent data and ieasonable �
<br /> estimates of exp�pdiwt�es of futune Escmw Items or othenvise in accordauce wlth applic�ble law.
<br /> The Pbnds shatl be held in an insfltution whose deposits ara insuned by a federal agency.instn�mentality.or entity
<br /> (inclndin�Lender.if L.eader is such�n instiwdon)or in any Federal Home Loan Baak. I.ender shall apply the Funds W pay
<br /> ri� dte Fscrow Items. Lender may aot charge Hoisower for holding and applyiug the Punds,ann�wlly analyzing the escra�r►
<br /> aocoun�or verifying �he Essmw Items, unlass Lender pays Borrower intemst on the Fuads and applicable 1aw perenita
<br /> Lender to make such a charge. Nowever. Lender may require Boaawer W pay a one-time charge for an independeat mal
<br /> estate tax reporting seivice used by I.euder in conaecBon wlth this lonn,uWess applicabte law provides otherwtse. Unless an
<br /> ag�+oement is made or stpplicable law requires interest to 6e paid,Lender shall not be required to pay Bom�wer any interest or
<br /> earninss oa the Funds. Borcower and Leader may agree ln wndng,however,Wai intecest shaU be paid on We Funds. Lender
<br /> shall give to Borroaer,without charge,aa an�►ual accounting of the Fuads.showing credits and debits w the Funds and the
<br /> puepose for whtch each debtt to the FLnds wes made. 11te Punds are pledged es addirional securiry for all sums secured by
<br /> dtis Security Instiument •
<br /> If the Funds held by Lender excoed tl�ee amaunts pertntued to be held by applicable law,�.ender shali acxonnt io
<br /> Bomnwer for the eacess FY�nds ia accordance wlth the reyuinements of appl�cable law. If thc amoum of the Funds held by
<br /> i.ender at any time is not suf6cie�t to pay tbe Fscrow Itema when due.Lender may so notlfy Borrower in wridag,and.irt
<br /> •.�, such case Borrower shaU pay to Lender the amouat necessary w make �p the deficiency. Bocrower shall make up the
<br /> �'�'` deficiency in ao more than twelve rnonthly payments,at Lender's sole disccetlon.
<br /> Upon payment In full of sU sums secored by this Serurity Insnvment, Lender shaU pmmptly rePond w Bdrrower any
<br /> Ptinds held by L.eader. If.under paragtaph 21. Lender shall acquire or sell the Property,Lender,prIor to the acquisItion or
<br /> sale of the Pmperty. shall apply any Funds hetd by Lender at the dme of acquIsit[on or sale as a c�+edit ngainst the soms
<br /> secured by this Secwity Insuvmea�
<br /> 3. Applknt[on ot P�yateata. Ualess appUcable law provIdes otherwise. aU payments received by I.cnder under
<br /> paragraphs 1 az►d 2 shaU be applled:first,to any piepayment chazges due uader the Note;s�ond to umounu payable under
<br /> para�;raph 2:third.to intemst due;fowth,to principal due;and last,to any late char�es due under the Note.
<br /> 4. Charges;Uwts. Borrower shall pay sll taaces. assessraents,charges, fines end impositions amibutable to the
<br /> Property which may attain priorlty over this Securiry Insaumea�aad leasehoid payments or ground rents.�f any. Borrower
<br /> shall pay these obligations in the manner provided in paragraph 2.or if not puid in that ma�er. Borrower shall pay them on c=ri:
<br /> dme directly to the person owed payment Botrower shal!pmmptly fumish to Leader all nodces of amounts to be paid under ' �"
<br /> ��" �� � tdis paragraph. If Boirower makes these payments direcdy,Bomnwer shall prompdy fumish to Lender receipts evidencing .:x�-:
<br /> .:_:?�., the ents. �:+:.:�
<br /> ._:�,y_;,Y;�;�'N„, Bo�trower shsill prompdy dlsctiarge any lien which has priority over this Securiry Insm►ment unless Bomower.(a)agrees "';`
<br /> ,., :� in writiag to the pay�ent of the obligadon secuned by the lien in c+msinner acceptable to Lender.(b)contests In good faith the -•.z•
<br /> .�Y'�;�' Uen by.or defends a6uinst enforrement of the lien in,legal proceedings which in the Lender's opInion operate to prevent the ��?1'
<br /> y - ^"� enforcement of the lien;or(c)secures from the holder of the lien nn agceement sntisfactory to L.ender subord'u►adng the lien
<br /> ;�'�=�".���� to this Security Insnument. if I.ender determines thnt any part of the Property is subj�t to a lien which may attnln priority .
<br /> " over this Serurity[nsirument,[.crtder may give Bomower a notice identifying the lien. Borrower shall sarisfy the lien or take
<br /> . '�4�^� ���• oae or more of the uctions set fo:th above within 10 days of the giving of nodce. �"
<br /> �'�'�`" .•� 5. Rar�rd or Pwperty Iu.gttruno� Borrower shatl kcep the improvements now exisdng or hercafter erected on the
<br /> ��'��' "`" Pr+operty insu�ed agaiast loss by fire.hazerds included within the term"catended coverage"and any other hazards,including
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<br /> J��:�.���,:•.: tioods or floodin�,for which L.ender requires ins�raace. This insurance shall be maintained in the amounts and for the
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