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<br /> T(Kii�'t'HER W['1'!i n!i the ipspt�avementi nowor ha�aaReR ea�ectad on the�rOpp�tY. +ud�1����i���� ..
<br /> fixtures now csr hereatder s pan of che property.Atl repl�cer►ibnts xnd pdditionx rhall ulu► ba covece� by thir Secndry ,
<br /> luytrurnent. Ail�f ti�e Puregujng tM rcieuai lu ii►iia�S�:�uiiCy i►25icur�„:�:�.:G�:,".'�o�;.rj." ° .
<br /> IiORROW�lt COVI�NAl�I'CS that�3orrawer is lawfuliy soiged c►f the estate hereby c£�nvey�l a�xl ha�a t!►c ti�fu tti�r�n� •
<br /> convey the PrUporty And thxt the Pro�xrty !s unena�m6�rui,except for eneumM�nra of recvrd. �n►rnwer wrrru�u and wi
<br /> defend ganernUy the dtic w tho Pro{t�rty against a11 cleitns and demands.subject tu�ny encumbrwr►cG�oF re�.Y�rd.
<br /> � THI'�SECIJRITY INS1'RuM�NT cumbinea uniform cr�veiunts 1ar netiorwl use u�d ncm-unifann coveru�r�t�wfth 11 . .
<br /> vurlAtians by.iudsdictiun to cflnsdtute a unifurm s�cudiy irtstrument oovering real prapert�. "
<br /> UNIPORM COVBNANTS.$orrowor And bender coveiwnt and agcec wa.foflowx:
<br /> 1. HIyMN1l OZ PFIIICIpRI Alld IA1lTl.ilj Hlply►IdM1 �tld I.tt!�IItC�dl. Borrowcr s�hall pmmpfly py wlxn due tbe
<br /> principal of and intenst on tRe debs evidencxd by the Noto and eny prepayment tnd lata chargrs due und�s.thc�Nat�.
<br /> 2. FwM�v tor 7'�txes pnd Inacimnoe. SubJect to applicabte!aw or to a wdtt�n waiver•by Lcnder. �nowe�shM1i p�y ta
<br /> lxndor on tha day manthly paymenta ure due under the Note,until the Note ia paid in tLtt.a sum("Funds")fi�r:(w)yexrly tues
<br /> and ussessments which may nttatn pdarity over this Seciutty Insrivaxnt as a llen on the hrAperty:(b)yearly Itasehaid�yments
<br /> ar gmund rents on she Property.if any;(c)yearly huard or pmperty insurance pnmiums:(d)ywrly fluod insurAncc pt�mlumy. �
<br /> If any; (e)yeariy mo�tgage insurance premiums. if any;urud(fl any sums payable by Borrowcr to II,ender, in ecsarctencC with
<br /> the provlsions of parugrnph 8. in lieu of the poym�nt af mortgage lnaurance pnmiums.These Items aro cullod"Escrow Itemr."
<br /> Lender may, at eny time, collect and hold Funds lrt an umount not to exceed the meximum amount a londer for A fedtrAlly
<br /> related mortgage loan may t�quire for Borrawer's acrow accaunt under the fcdetal Aestl Estato Setdement !'racodures q,ct of
<br /> 1974 as umended from time to time. 12 U.S.C.Secdan 2601 et seq. ("RESPA"),unless another law that applir,s ta the Furds
<br /> set�a lesser acnount. If so. I.�ader may. at eny tdme. collect nad hold Functa in er� Am�unt not tm excead We lesser�nt.
<br /> I.ender may cstimute the amnunt nf Funds due on the basis of current datu and reasanable estimates of expenditures af�futuro
<br /> Esccaw Items or otherwise in accocdnnnce with upplicable law.
<br /> The �unds shall bo held in un institution whase deposits are insured by a federnl agertcy. instn�inentalitp, or entity
<br /> (including L,ender.if Lender is such an institut3on)a in uny Federal Home Lman Bank.L.ender shall apply tha Fw�ds to pay the
<br /> Escrow Items. I.ender may not char�ee Bonower for holding und applyin�the Fuads. annunlly an�lyzing the escrow ucwunt,or
<br /> vedfying the Escrow Items,unless Lender pays Borrower interest on the Funds and appilcable law permits Lender to mako euch
<br /> a charge.However. I,ender may require Borrower w pay a one-ttme charge far an irtdependent re.ut estate txx reporting servlce
<br /> -'�� � used by Lender !n conreectIon wtth this loatt, unless applicable law pmvldes athenvise. Unless un ngreQmem is made or
<br /> „ ,��, �,y� applfcable law requires interest to be paid. Lender shall not be tequired to puy Borrower any interest or enmings on the Fund.g.
<br /> .a;.� �
<br /> ,,,1, .,�,�; -,,�';`,�, '� Borrowcr and Lender muy agree in wr�tin�, however, that interest shall be paid on the Funds. Lender shull give to Aonower.
<br /> 'rr_•''"-�'°'� '` wiihout rhsrge. stt atl�iue! xz�outtting of th�' F���dc,�lu�wing credi�x and debits to the Funds and[he purpose for which each
<br /> ' �°'��' �`'�� debit to the Funds was made.The Funds are pledgedas additional security for ell sums secwed by this S�udty Instrument.
<br /> � . 4C�i�.N.:
<br /> � ,:*r;��:;;�:'���:�: If the Cunds held by I.ender exceed the amounu permitted to be held by applicabla{aw. I.ender shsitt Qccount to Bomawer
<br /> �� � "''+. for the excess Funds in accordance with the requirementa of applicable law. If the amount of the Funds held by Lender ut any
<br /> �'`'.I���'y. ;'j"�y dme is not sufficient to pay the Escrow Items when due,Lender may so not�fy Borrower in writing.and.in such cose Borrower
<br /> �(• :
<br /> ���,.:. :� shall pay to Lender the Amaunt necessary to make up the deficiency. Borrower shall make up the deficiency in no more than
<br /> ��1`If? °'' '�-' � twelve monthly paymenus,at L.ender's sole discretion.
<br /> `�'�'':��'�'',•�� " ��`�`�'r�� Upun payment in full of all sums secured by this Secur.ry Instrument, Lender shall promptly refurtd to Borrower uny
<br /> �"��''�� �`��� '�'�'��� �' Funds held by I.ender.If,under parasreph 21,Lendcr shatl acquire or sell the Property, L,ender.prior to the ncquisit[on ot sale
<br /> Y`�'�` ���"�'��� of the Pro apply any Funds held by Lender ac t8e time of acquisition or sale as a credit against the sums secured by
<br /> ,„,,,t,y.•,,� . . perty.shall
<br /> • this Security Instrument.
<br /> r�; ��.='.�. 3.Appltcatbn of Payments.Unless applicable law provides otherwlse.all payments recetved by Lender under paragrephs
<br /> "''''y,�.�"t°���'� � 1 and 2 shall be applied: first, to any prepayment charges due under the Note;second,to amounts payable urtder pamgraph 2;
<br /> ""'F�,:,'�'.•• :'.` � third,ta interest due:fourth,ta principal due;and last. to any late charges due under the Note.
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<br /> • '�5' '� �;�� 4.CharRes; Liens.Borrower shall pay all taxes.assessments, char�es, fines and impositions uttrlbutable to the PropeRy
<br /> �.;+�'' •
<br /> �, .,. • whIch may uttain prIority over this Security Instrument, and leasehold payments or ground rents, if any. Borrower ahall pay
<br /> these obligutions in the manner provlded in paragraph 2,or if not paid in that manner,Borrower shall pay them on time direcdy
<br /> . �� to the person awed payment. Borrower shall promplly fumish to I.ender all notices of amounts!o be psid under this paragraph.
<br /> ,�, if Borrower makes these payments directly.Borrower shall promptly furnish to[.cnder receipts evldencing the payments. i�-
<br /> ���•� " Rorrower shull promptly discha�ge any lien whkh has priority over this Security Instn�ment unless Borrower:(u)asrees in
<br /> .rr- • ,
<br /> �`'•�'� writin�to the payment of the obligation secured by the lien in a manner acceptuble to I.ender;(b)conte�ts in good fatth the lien
<br /> ''�:�;;rA � by, or defends against enforcement of the lien in,legal proceedings which in the Lender's opinion operate to prevent the
<br /> '_"�^'°' � enfarcement of the lien;or (c) secures from the holder of the lien un agreement sutisfactory to C.ender subordinating the licn to
<br /> �y , this Security Instrument. If Lender determines that any pan af thc Property is subject to u lien which may uttuin priority over
<br /> � ��'�,; this Security Instrument, I.ender may give Eorrower a notice identifying the lien.Bottower shatl satisfy the lien or tuke one or
<br /> "�1 �, � � more of the actions set forth ubove within 10 days otthe giving of natice.
<br /> �. Form 3028 8180
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