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<br /> TUG�ETFiER WX'1'H all thc imprmve+�cnts now er hereaf:er erectcd on thc pro}�etty.and all easements, ap�urtenanees.and
<br /> �xtures now or hereaiter a part of the pmperry. ��ll nEalaeerr�erzts and additi�ns sha)1 aiso bc covered by this Security
<br /> t���trument. AaP oF ihe foregninr is m.ferr�tl to in chis Sccuriry Insu.ument as t1�e "1?raperty,"
<br /> - BOR�:CWER CaVEN,hr;�'�that 6�>:rower is iawlully scisr�d of t+�e cst.;�c:�creby convcyed arr�;hxs the right to grant and
<br /> caavey thc Froperty and thai �.f3c Pro�:rty is unencumbercd, except for encu►�brances of rteor!d. Barraw�er warrants und will
<br /> defcnd gcc�rall}the tide to the k'rcx�c.rty against a!I ciaims�d�:mands,sub�ect t�an��er�cumbranres of re�,�ord_
<br /> THi5 SE�CJRITY IN5"i'RLiM�NT ctambines uniform eoV�nants For national use and nun-unif�rnn ccrve►u�nts with limited
<br /> v�tri�tinru by jurisd�rtion to co�stitute a�:r�ifarm uxurity instiument cavcrin�re�!Fropeny.
<br /> UNIFOR:�i CQVENAN'i'�. Iiornow�Gr and L.cnder covenant and agree as fcrilaws:
<br /> l. �'ayment at �'rintti�sl anrd �sittncst; Frepa�nent and Late Charg�s. Barrower shall �romptly paY when due thc
<br /> prin�ip�l af nnd interest i�n t`ar.�?etat:.ti�kc�en��d by thc Nc�te and azry prepayment anu late charges due under thc Notc.
<br /> Z. �"unris $i�.�` 'd"taw:E� 8tyrj I�rM��. 5�bject iv applieable luw or to �� written waiver by I.cnder, Borrower sha►I pay to
<br /> � I.cndcr orz;he cls�y n�n.a�ih�� ,»aymcnt�5 are duc u�er the Note,until the i�iote is pai�i in futl.h sum("Funcls")for: (a)ytarly taz,�
<br /> �'r. arxl assessm°nts wiiirh ma.y atTain priutity over lhis 5ecurity Instrument a,r a l;ur►on che Prcaperty; (b)year(y leasehold payrr�tnts
<br /> or ground renrs���ehc Propeny, iC any;(c)ya-�rly hazard or praperty insuranna premiums;(d)ycarty flood insuranc�e prcmiur,�5.
<br /> if any; (°) yearly rn�rigage ins�arance premiums, if any; and (� any sums pay�blc by Bor,ower to LtndEr. in ac:corclar�ce with
<br /> the provisions oF pmragraph 8, in lieu of the payment of martgage insurar�prcmiucn_t. Thc.Se�iems�rc culla! "�row itcros."
<br /> Lender may, at anp tizne, mllect:s�r�d hold Furxls �n an amaunt not to exc�cc� lhc m�ucimum amount a Ir�.ier far a fedcrally
<br /> related mnrrgage lo�n may require for?3orrawer's escrow account under ttus Federnl Real �stxtc Se.Kt!e•ment Pso�edure,c Aut of
<br /> 1974 ;as amended frc�m time:o tzme, 12 U.S.C. SeCtion 25Q1 et seq. ('RFCPA"), urile,s another taw thai applies to the F�ur�ds .
<br /> sets a lcsser amount. ;f so, Ixncier may, at any time, colteci arid hold Foanrls in an amoun! rfot ta excecd the lcsser am��unt.
<br /> Lende±• may estisnate t�re amount nf Funcls due un t}:c,basis of currcnt data a.hd re�sanabk estimates of ox�+e�icures af fiature
<br /> Escrow Items or otherwi6e in acmrdance wich applicabte I;tw.
<br /> Tl�e Funds shall be held in an instit�itron whn� dcposits arc insured by a fcdcral agency; instrumentalicy, q�• cniity
<br /> (���ladii.�g I.ender, iF Lender is such an i�stitution)�r i.n nny Federal Home L.oun�ank. Lencier sha�l apply the Furtds to pay the
<br /> 'i Escnzw i.tems. Lender may not�:harge Borrower for?��lding and applying the Fands, annua!!y analyzing the escrow account, or
<br /> ��erifying the Exrnw Items, unlcss I.ender;ray�Borrower interest on th�Furds ar►d applicable law permits L.ender to mak�surh
<br /> a charge. Fiaw•ever, 3...ender may te.quire 8arrower ta pay a one-time charge for at�jndepeitdeni real �tate tax reporting service
<br /> ; used b� Lender in r.�nnection wich this loan, unless appiicable law provi�es otherwise. Unless nn agreement is made ar
<br /> applicable law requires �r;�erest to be paid, Lender shall not!�e required to }ay Borrvwer any interett ar carnings on th�e.Funds.
<br /> F�orrowcr anci :.ender may a�;�.p in writing, howevcr„ that intct�e�t shull be pa�d on che Funds. Lender shall give tc► E�+�rrower,
<br /> wi►hout char�;e, sn anaual accek;�'�r,g qf the �G1[!S, showing credits and aebits ta the Funds and thc purpnst for which ea�ch
<br /> detsii tv the�u:�ds w•as made. 7'i;e F:::���i;are pledged as additional security for all sums secured by±his 5,,�curiry Instrument.
<br /> If the Funds held by Lcnder exceeiw :�^amoants p�.rmittcd to be held by applicahle law, L.ende.r s4ia11 account tn Borrt►wer
<br /> forr the exccss �'unds in accordance w•ith ti:e. �tiquirennents af a�plicable law. lf the amaunt of thc Funds held 6y [.tndcr�t any
<br /> tinse is ncst sufCcicnt to p�y the Escrow Items when due, [..ender may so notify Barrower in writing, and, in such ca,se&�rrawer
<br /> shali pay to Lender the amoant nac�s�ary ta make up the deficioncy. Barrower shall make up the deficicncy in na more than
<br /> twelvc nr<r'n(hly pay;nents. at L.ern7er's snle discretaon.
<br /> L��c;n �ayment in full of all sums secured by this 5ea�rity Instrumert, I.ender shali p+�+,amntly refund to Bnrmwer �i�y
<br /> Fundc hel�t hv I.en�J-;:r.. Tf, u�;cler;�ara,carh 21. Lendcr shaH ucqui�-t or sell the�'rop�tty, i.endcr, priar to the aequisition c�r�^•'.•
<br /> of ;t�e Fa•ope��r.y. sfi�:.1! ;ahpiy �ny f�;�mis Pic�ld b�r Lencfer at thc time of acquisition ar sale as a creciit against the sums se�curex: �y
<br /> tlxia u�_�:iGritv f��,t:u�.n«.n;.
<br /> � ;� �?4��ro�wra,�an e>f Pr�yrraenl�;, '�'.�n{�. ;�F�IiG3ble lzt�v prnvide;�� othcnvi��e.�all��ay?nen4s receivcd by Lenr�er r.ant4er•p.:n-��'c�•.:�phs
<br /> ;:"° ;, '' `'1� I and 2 ��h�uYi be a�t„'i:��;: (i�Tst, cc .any r x��uyn«nt charg.�:uue rathier tt*e d�lr,�te; ;+erx�nd, tr�ar��ounts paya�lc uni.l�er}ta�rt:��xc��h 2:
<br /> "� v ' third, to 'sntcrest duc; fuurth, tn princip,:l due;and lt.4aC,t�,��ray late charges duc under the IVnte.
<br /> 4. Charg�; 1.ie�s. Borrnwer 5ha;l, pay ait tr�.�es, a�Tessmcncs, charges, fines and impasitic�ns attribt�table ts� tl2e Frc�perty
<br /> which niay att:�ir� prioriry avcr this 5ec:tirity Instrur�tent, and Ic�aschvld payments or ground rents, if any. Borrower shall pay
<br /> tl�ese ob}igations in ilie manncr providecl in p�ragnph Z, or if not paid in that manr�r, Bormwer shail pay them ors time directly
<br /> � to the pe�son owed payment. Borrower shall promptly furnish to L.�nder a(I notices nf arounts ta be paid under this paragraph.
<br /> L'L�or*ower makes th�se payments direcflv,u�.7ower shall pmmpdy fumish to Lender rcceiprs evi�cncing the payments.
<br /> Sorrower shafl promptly discharge any liecr wh��h has priarity over this Sc:curiry Instrument unless Borrower: (a)agrtes in
<br /> writing to the payEr�ent of the abligatio»secured �y thc lien in a manncr acceptable to(.ender: (b)contests ia good faith the lien
<br /> by, pr defends against enforcement of the lien in, ie�,al proceedings which in the Lender's „rinian opCrnte to prevent the
<br /> enforcemcnt af che lien; ar(c) secures tr�m the hoCder of the lien s�i a.gr�tmcnt satisfactory to L.endcr subordinating thc lien to
<br /> th;s Securiry InstrumGnt. If[.endar dctermines that dny part of the Prqperty is subject tv a lien wh�ieh may att8in priority ovtr
<br /> this Secvrity Instrument. Lt�ndrr may give Borrower a notice identifying the lien. Bormwer shall satisfy tho lien ar take one or
<br /> rrrore of the actions set fareh above within 10 days of the giving Uf notice.
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<br /> - Faem 3028 8/9tl
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