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<br /> TOCiE173ER WITH�Il the improvcmenta rtow o�hereuftcr e�tc�d on thc property.und all es�semcnts.c�ppurtenances,
<br /> and flxtures now or hereafter a part of the pmperty. A11 replcicemcnts and addItlons sh�ll also be cavered by this Security
<br /> Instrumon� AU oY tho fongoing Ia iefer�ed to in thls Security Iasaunaes�t as tGo•'Propei4y."
<br /> BORROWBR COVBNANT�thet 8ortower ia lawfully seised of ttu estats Aereby sonvcyed nnd has the right to g�unt
<br /> �nnd oomey the Propery and[hat the Properiy is anencumbere:d,except for encumbrances of rcsurd. aorcower wamnts and
<br /> will defend�enerally the dtle to tha Pnupemy ngalast all cl�ims nad deacands.aubject to any encumbrnnces of recard
<br /> THIS 5ECUItiTY INS1'RUMBN'1'combiaes tuilform wvenantef for nadonal uso and non-unifom� wvenuats with
<br /> limitod varIadana by JudsdictIon to conatltuta a unfform secudty insavment covering roul praperty.
<br /> UNIFORM COVENANTS. Borrower nnd Lender covenant and agrce as foUows:
<br /> 1. Paymait of Prindjwl and Interest;Prepa�nrtant and I.ate Ch�rgee. 8arrower shull promptiy pay when due the
<br /> princt al of and intemst on the debt evidenced by the Noto and uny prcpayment c�nd luto chaxgea duo under tho Nute.
<br /> � Funda for 7Mxe��nd IneuQancr. Subjcct to applicablo law nr to u wNtten waivcr by Lendcr.Doauwer shall pay ta
<br /> Lender on tho day monthly pnymentx cu+e duo undcr tho Nutc,unt{i U�e Nate is pnid In ttdl,a sum("Funda")for:(u)ycarly
<br /> wueA ond us�essmonte which moy attutn priurity aver thlx Securlty Inetrument us o lian�►n tho Rnpctty:(b)ycarly leuset�uld
<br /> puyment� or ground rentx nn tho Pm�krty, tt any: (c) yr.udy hwnr�f ar pm�xny Insurunco p�cmfums; (d) ycurly ticx�d
<br /> ir.suroncc premiuma.iP uny: (e)ycudy mc�ngngo insurunzc premium�+.iP nny:und 1�) nny xums p�yublo by Bormwcr tu
<br /> L,endcr.in ncconlunsc wlth tho pruvleiunx nP p.�ungmph 8, In licu��f�ho pz►yment��f mndgug�o Insuranco pr�mium9. Theso
<br /> ltcmR arc called�L3CIl1W I1C111.4." l.cnder may,at�ny timo.cultcct und 601�Funds in an umuunt nnt to excced tha moaimum
<br /> umount u lcndcr Pnr a f.rdcraily reluted modgugc loum m�y requlre fur sesrn►wcr'x excrnw uccount unde�thc federa! ReAI
<br /> Eatato Settlemen►('roce�larca Act af 197a us amended from time to timc.l2 U.S.C.$26Qt rt.rcq. ("RBSPA").untess unothcr
<br /> luw thnt appllew to thc FLnd�setx o Iesser amount. If sa,[.endcr may,at uny tlmc,cnitcct iutd hold hl�nds in un umount not tu —'—
<br /> exce� the lcs�er umount. lsnder muy os�imute the umount uf Funda duo an tho busis of cument dutu and reusanuble
<br /> .. f.. .„,,, esdmutes nf capertdituce�of future Escrow Itcros or otherwirce in accard�nce with applicnble lnw.
<br /> The F��nds Rh�ll tx:held In un lnstitudon whese deposits are insured by a fedem!ogency. instivmenwlity.or entity
<br /> (inoluding Lender.if Lender is such an institudon)or in uny Fedeml Home l.oan Baalc. I.ender shall upply the Funds to pay
<br /> th�Escmw Items. Lcnder may not char�e Borrower for holding and npplying the FLnds.nnnunlly analyzing the escrow
<br /> account, or verIfyit�g the Escrow Items,unless Leader pays 8orrower lnterest on the F�nds and applicable law pemtits
<br /> Lender to make such u charge. However. Lender may reyuIre Borrower to pay u one-dme charge for an independent re,itl
<br /> ���'�_ •• estste tax repordns cervice used by L.ender ia connectton with thls loun.ualess appltcuble!uw provldes otherw[se. Ualess an
<br /> � ��`�`' agmement is made or appUcuble law requtr�es Interest to be paid.I.ender shall not be requhed to puy Borrower any Interest or
<br /> .i};''�''�' earaiags on the Fuads. Horrower and Lender may agree!n wnting.hawcver,that interest shAll be pald on the Funds. Lender
<br /> $'°`°''''+`��'� shall�ive to Bortower,without c6arge.an annual uccounHng of the Funds.ahowing credits and debits to the Funds aad the
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<br /> .�y Putpusr fur wtd�h eech�ebIi to thc I�tinds tcas m�e. 'i'he Funds src pled�ed as eddltional sQCUt�ty for al! ���ma�r..��reA by
<br /> '�Gt•s; ,�q±:::� this Security Insaument.
<br /> ^.�'� _ ` If the Funds held by Lender exceed the amounts permitted to be held by applicnble law, Lender shaU account to
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<br /> ;,�; ,;:s�;h:... : : Borrower for the excess Funds In nccordartce with the requirements of applicable law. If the amount of the FS�nds held by
<br /> ,;f ;;y,:�,X•�.:.,�,','; Lender at any dme is not sufficient to pay the Escrow Items when due,Lender may so notify Borrower in writing,nnd,in
<br /> ? -,.������- '•� such case $orrower shall pay to Lender the amaunt necessary to make up the deticiency. Borrower shall make up the
<br /> ''''''�'•3'• '•`' � deficiency in no more thsin twelve monthly payments,at I.ender's sole discretion.
<br /> .,�=�'�s f,�!��' , . ' �� °
<br /> �,�;�.; ..,�,,, t Upon payment in fuU of eU snms secured by this Security Instrument,Lender shell prnmpdy r�fund to Bomower any
<br /> ;:,,yL...,,..w. Fuads held by Lcnder. If,under paragraph 21,Lender shall acquire or sell the Property,Lender.pdor to the acquisttion or
<br /> ,�::�,,�,,,,��,,, sale of the Property.shall apply any Funds held by I.endar at the ame oi�acquisiaon or sale ns a c�edit against the sw� I.•r
<br /> �,�yy;:�::,�r-,.:•.��;;• secuned by t6is Secudry Instrument. .- +,
<br /> '��f'�:� '�+�''�-�•. 3. Application of Puyments. Unless applicable law provides othenvise. all payments received by Lend�r under .;:,,;,.,
<br /> = k.•c>, :,��a- .
<br /> ��:.�;��.� paragraphs 1 and 2 shall be applied:firat,to any prepayment char�es due under the Note;second,to amounts payabte under .N;,
<br /> " �.� .:y�.y paragraph 2;third,to interest due:fourth,to principal due;and last,to nny late charges due under the Note,
<br /> ,r.;�:��� • 4. Chat�ges: Ltens. Borrower shall pay all taxes. assessments,char�es, fines and imposidona attributable to the
<br /> :��.a.,, Property which may auain prIority over this Security Iasmiment,and leasehold payments or ground rents,if any. Bomower
<br /> - V�;,;.;_-..:�,, shall pay these obliga�ons in the manner provided 9n para$raph 2,or if not patd in that manner,Borrower shall pay them on .f,�,;
<br /> .T C�`:�'r�;�';: time directly to the person owed paymen� Borrower shall pmmptly furnish to Lender all notices of amounts to Ue pntd under .+�;�:
<br /> ';, .•...�° :` ,�•. this pamgraph. If Borrower msilces these payments di�ctly,Bormwer shall promptly fumish to Lender receipts evidencing
<br /> • s;,:`_,•:�__ ,�i".`': the payments. .:�
<br /> ''-,,.� ' '' ""'' Borrower shall prompdy disch�e any lien which has priority over this Securiry Instrument unless Bornower.(a)a�rees c :�
<br /> f s:�` � '�'' �' in wcitin to the a ent of the obli adon secured b the lien in a manner acce table to Lender,(b)contests In ood faith the :�'
<br /> �� �'� +�` � lien by,or defends ag nst enforcement of the lien in legel proceedings whichpn the Lender's opinion operate tgo prevent the ;:t<;,
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<br /> �•:;•;�= • enforcement of the lien;or(c)secures from the holder of the lien an a�reernent satisfactory to I.ender subordinadng the lien �
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<br /> • �`;«�; �, •�'. to this Securiry Instrument If L.ender determines that any part of the Property is subject to a lien which may attaia priorlty
<br /> ! .;.•�� ,:�.,`-• :�. over this Securiry Inswmen�L,ender may give Barrower a nodce identlfying the lien. Borrower shall sadsfy the liun or teke .
<br /> .: r•;;�•. � one or more of the acdons set forth above within 10 days of the ginng of nottce.
<br /> +r:r:. .
<br /> :•-�� ' � S. Hezerd or Property Instuance. Horrower shall keep the irnprovements now eaistiag or hemafter erected oa the
<br /> - ,,,• Property insut+ed n�ainst loss by fire.hazarcls included within the term "extended coverage"and uny other hazards,including
<br /> .�e.`���:.., . floods or flooding. for which Lender requic�s insurance. This insuranx shall be maintained in the amounts and for the •
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<br /> • Form 3028 9190 (page 2 oj6 pagea)
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