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<br /> -�`•=�".. " - TI�GE'flli;S2�`Jl�'FI all titc i�itflrnvicen�ilf5 R(Aei nr furcaQ�r erectedl on ehe pro��rty, r,nd��11 c��:cm�nt�;,r;�pis�3a�?��ce7, and --
<br /> fixi�u.�•: i�n�v o►• licr.:,dtr.r .� ��:i�t uf ilm pj�a,uicy. /\I! r;pl,:c::��t�,�t�i :;url ��iidiii�m: ;li:�li vl�.n h:� r.�s��:rcd Itiy liii�� ��_c,�siry --•
<br /> fi?shui�t::nt. /�U Qif dic;fu�.�!uiut;i����i��r��:sl tu ii�t[ei��yccw•ity In��lll11i1Cilt a;titc"t°inp�iiy."
<br /> �-�:?,a�.�rfr:>_�.•_� �3CaRCi!)1Vi.li t;OV[:NAN'fS t�iat tl��rr��vcr is la�vfuliy�cised of thc estntc iicre6iy cQ�nveycil nn<1 lia� tfic sibht ea�E;rms ;:nrl "'
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<br />=�,���svv� cuiivcy thc Pro�xny and tf+at thc i'ruperty is uncncumbcrcd, cxccpt fur cncumhrauccv of rcc�ed. Nm�ra�vcr �v�urants ur�1 wlll
<br /> defcnci 6encraily thc litic tu IOc Pru�crty ugi111151 it�I CIBtIIIS All(I I�CIl1�l11I9, subject to m�y ciuumbranccr of rccord.
<br /> ____a,.«.�.� TN1S SECl1R1TY INSTRUM�NT cai�ibin��uniEainn covcnantg f'or national usc nnd non-unifc�r��� c�vc�aant:s with lin�ital
<br /> `"''"''"..� va�iatl.�:lsl�y JUll:ifJIC�IUiI IUl'iA{tiUWFC JUIIl�UY7i1SV'i;U17�y IIltiUU1/iCIIE l'i)Vt:11U�f ICdI i11i1��i;��y,
<br /> �� UNITORM COV�'tJANTS.Borrowcr nnd Lcndcr cavcnunt unci agr�c ttti follows:
<br /> � 1. l�uymenl of 1'ein�cip�al and Inter��t; Pre�u+yment and Lat�c Chaeges. Eiori�awcr shull promptly pi►y when due thc
<br /> M�� principal of nixl interest on the debt evidenecd by the Ptote and any prepayment urtcl latc charges duc u�xicr the Note. �
<br /> __=;W n�� 2. I�ntis for'I'ax�and IaSUrance.Subject to applicaUlc law ar ta n wriuen wniver by Lendcr. Borrowcr shafl puy tu
<br /> . --�s•,� Lendcr an thc day nionthly p�yments urc duc�mder thc Note,until the Not�is paid in fuli,a su�n('Funds")for:(s�)yearly taxts
<br /> --'"°""'��r°'°� and asscssrtscnts which may attain prioflty over thcs Security Instrument us a lien on tho 6'ro�;,rty;(b)ycar�y Ieasctiold payir.enis
<br /> ----- or sround rents on the Property,if any;(c)ycarly hazard or praperty insurunt:e premiums;(d)ycady flood insura�co premiums,
<br /> ��-��'J�`� if.►n • (c)yearl mort a c insuranca rcmiums, if nn nnd(� an suins a ablc b Borrowcr tn i,cndcr,in aer.ordancc with
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<br />�� =':.".;;;'a..� the provisions of paragraph 8, in licu of the payment af mortgage insurnnct;premiums.Thesc items are callal "[.'.ccrow Itenis."
<br /> -T=?�� Lender may, at ar�y time, collect pnd hnld Funds in an lmount not to excced the maximum amount a lencie�for u federally
<br /> �'�`�`�'�"'"i`_"`� rclatcd mortgage lo.�tn may rcquire for Burrower's cscro�v account under the foderal Real Estute Setden�cn�Procedures Aci of
<br /> __--- 1974 as amendcd from time to tims, 12 U.S.C.Scction 2G01 et seq. ("RY?SPA"),unlcss anothcr lavf that applics to thc Funds
<br />—_�•�"°"� sets a lesser amaunt. If so, I.ender may. ut any time, collcct and huld Fun�is in am m�ount not ro excecd the lesscr amaunt. -
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<br /> ' ---= Lender may estimat�:the amount af Funds duc an the basis of current data and reasonable cstimates of expenditures of future
<br /> --��~��a+'`�'�`•�� Escrow Items or othenvise in accordance with�pplicablc law.
<br /> """'-=c�=_` _ Thc Funds shaU be held in an instirution whose deposits are insured by a federal agency, instrumentality, or entity
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<br /> -��-�—""'��°`��'� (including Lender,if[.cnder is such an instiwtion)or in uny Federal Home Loan Dank.Lender shall apply th� Funcis to pay the
<br />`=�f;'�P'L`'�+��••R� Escrow Items.Lender tnay not char�e Borrower fe�r holding and applping the Funds, annunlly analyzing the escrow uccount.or
<br /> �..�,;'+��:..�• verifying the Escrow Items, unless i.ender pays Hotrower interest on the Funds w�d applicable law permits Lender to make such
<br /> -s,y„��p�"'���'• a c�narbe.Ho�vever, Lendcr may require Borrower lo pay u one-time charge for an independent real estnte t�x reporting servicc
<br />_'i:�a:�'?1�L 41�4'`:�y,
<br /> "r„��,Tp„� used by Lender in connection with this loan, unless apPlic;able law provides otherwise. Unlcss an agreemeni is made or
<br /> -,:.;u,,;�,:la�l;'�� � applicablc law requires intcrest to be paid.Lender shal l not be required to pay Borrower any intcrest or eamings on th�C'unds.
<br />-5:�:;� :��f�'��:• Bono�ver and Lender may ag�ec in writing, however, that interest sh�{I bc puid on the Funds. Lender shall give to Borrower,
<br />�-r�;:���:,tr�;;�� •. without cnarge, an annual accounting of the Funds, showin� credits and debits to the E�unds and the purpose for which each
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<br /> =�;:���;��,;:. ,r� , debit to the Funds�v:u madc.The Funds arc pled�ed as additional security for all sums sccum,d by this Security Instrument.
<br /> -��•=••ti�� " If the Funds held by Lender exceed the amuunts pemiitted tn be held by applicable law,[xnder shali accaunt to Boaower
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<br />_-..�•+�� �••� • for the excess Funds in accordancc�vith the requirements of�pplicable la�v. If the amount of the Funds hcld by Lcnder at any
<br /> ~�.`;�';� ��,';��R� time is nat sufficient to pay the Escrow Itcros when due,Lenc�er may so notify Borrower in writing, und,in s¢ch r.ase Borcower
<br />_::-`;r,;;t°�`• shatl p�y to L.ender the amount necessary to ►nake up the deficicncy. Borrower shall make up the deficiency in no mare thnn
<br /> `°'-�� �" '�� hvelvc monthl a iments.at Lender's sole d'escr�;aon.
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<br />'�:���,z;::�; �,.:... Upon paymenz in full of all sums sccured by this Security Instrament, Lcndcr shall promptly refund to Borrower any
<br /> ' ���'' Funds held b Lender.If, under ara ra h 21,Lender shall ac uire or sell the Pro rt [.�nder,prior to the ac uisition or sale � `
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<br />_�;.:=s�•;':� ,,' of thc Property, shall apply any Funds held by Lender ut the timc of acquisition or sale as a credit against the sums secured by ---_-
<br /> �'�""•�� �^" this Sccurit [nstrumcnt. �:--
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<br /> � :.;z-;.t�q„Y y 3. Applicatton of Payments. Unless applicable law provides othenvise,all paymcnts received by Lcnder under paragraphs
<br />`'�'�'"°`_��+�4. I and 2 shall be applied: first, to uny prepayment charges Que under the Note;second,to amounts payable under paragraph 2; �,..
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<br /> =� �- ��.r• third,to interest due; fourth,to principal due;�nd last, to any tatc charges due under the Note, ��-
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<br />"���•-� ,,;r.�:� 4. Char,es;Gfens. Borrower shall pay all taxes. assessments, charges, fines and imp�sitions attributable to the Property
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<br /> ;_,:.�;_��;��„ �vhich ma y attain priority ovcr this Security Instrumcnt, an d lease ho l d payments or ground rents, i f any.Bonowcr shall pay . r�.
<br />- �:'''-`' . , thesc obligations in the manner provided iu p�ragsaph 2,or if not paid in that manncr, Bono�ver shaEd pay them on tinie dircxtly
<br /> - �� .•• • to the person owcci p�yment. Borrower shall prorrapdy fumish to Lender all noticcs of amounts to be paid under this paragraph. .
<br />--�;��:;,�_..: . [f Borrower makes these payments directly,Borrower shall promptly furnish to Lender receipts evidencing the payments.
<br />�-r�., .- ... � •�� .,
<br />-.,�J�,;���,.,. ; , • 8orrower shall promptly dischsrgc any lien which has priority ove�this Security Instrumcnt unless Borrowcr: (a)agrces in
<br /> ,, ' writing to the payment of die obligation sc:cureci by the lien in a manner acceptable to Lender;(b)contests in�;ood faith the lien
<br /> "'.�' • by. or defends 2glinst enforcemcnt of thc lien in, legal pmccedings which in the L.ender's opinion operatc ro prevcnt the
<br /> • • • . enforcerncnt of the lien;or(c)securcs from the holder of the lien an agrecment satistactory to Lender subordinating ttie lien to
<br />__ this Sccurity Instn�ment. [f Lender dctermines that uny part uf the Propeny is subject to a lien which may attain priority over
<br /> :�.: . ..
<br /> .. ..... this Security Instrumcnt, Lender may give Borrowcr a noticc idcntifying thc licn. Borrotiver shall satisfy the licn or take one or '.
<br /> . `',"' more of the actions set forth sbove within !0 da��s of thc giving of notice.
<br /> . � , Form 3020 9190
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