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<br /> : `" � . ' TOOE'IY�Et WE'�H nll the imprbvements no�i os ku��r e�x�oa 2d�e p�PertY����.��ea�nres,sud � --
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<br /> µ-����. . fitttuxes now or fie�aft�r � pazt of th�p�er�y. All iep�� aTM,�s�a�d 2dditinns •hall also 6e�coverad by t�s �=��5' - ----
<br /> -4�"��'��`. �nswmsut.Alt of ths fore�aing is referr�w ia thIs Securisy tnss�ment as th�'Property.' -
<br /> r `' �^t-s: s ---
<br /> t� ``::�:�. $ORROWER COY�NANTS that�ormrrer is lawfulIy seised of the estate herEby�oonvcyeA and�as ttie right.ta g�antaa ' --
<br /> .�,:v.�-��'�,-�:, . conv�y th�e Pra�eity and that ti;e Praperty is unencumbered.except for cua.ambrances af recnrd. Borrower�farrants a�d vriU ,��-- ___
<br /> Y.A �;.Y� ? .G" .:., .detend generaliy the tide to tfte Property against utl ctaims aad demauds,subjeci to any encumbrances of record. - ---
<br /> � � Ti KIS SECL�Rj'F'X IW5TRtJM6NT cumbihes unlfurm covenants for nniio n a l use a r.d aon-uni for�covenanLs with Diauted =�--=�
<br /> �Y � + . , . :- = -
<br /> �6 ti:, , �`.:.',, variations by jurisdict�on to con:titute a uniform secairity insstum:nt covering�ea!P�i��3+- �..��.� �
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<br /> � ;, UAiffORM COVENA1�tTS.Futrawer aaA.lxnder covenant and agree as foltows: '�-���
<br /> Borrower shall pro�P�Y P�Y when due the '' � '`�� _
<br /> _ _ L Fay�eat�Y�rinci�at a�d Iateresi: Pr'eFaYment sad E.�te C�ar�cs• 3 z
<br /> #' -� - prirtripaf of and interest on the debt evide�3 by t�e Note and:ury PrePa}+ment and tate charges due under the Note. "t ,,.�j� � __
<br />-� � � 2.Fhads far'i'�s raa0 Iasm"an�re-Subject tQ applica6le taw or to a written waiver by Lender,Borrower shall pay to ;a
<br /> .��'-`•.y- . , .Le�nder on the day rnonthiy payments are due under the I3ote.untii the iJote is paid in full.a sum("Funds°)for.ta)Y�Y�� . :�.�-:_:`�;>`�:
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<br /> _:�,_`'��' "=`r`��' and assessments wttich t�y attain priority over this Securitx lastniment as a lien on the Fropetty:N)Yearly leas�old P�� 4 `c c x�
<br />,:�.:,:'.'�. -. or grourtd rents o�the PropertY,if atryr;(c)Ye�ar1Y harard or pmperty inswance pre�iums:(d)YearlY ttood insurance premiums, ' ��` ';<'��v;°:.�—
<br /> .._�,� ,'. , . �-;•
<br /> �;s-,, --�.:.z::;°.:, •� if any;(e)YeazIY mortBa�e iusvtanoe pr�niums.if any;and(t�any su�payabte by Bomnwer to Lender.in acsordance with : �, 1 ;� .
<br /> ,�,,{Y"�` •�;�`-' . ths prnvisions of paragaph 8.in tieu of the payment of aiortgage insuiance premiums.These items ase called"Escrorr items.' '°`_i�;����-
<br /> .��, ; Leuder may, at any time. eollect and hnld Funds in an amount not to exoeed the maximum aiaount a fender for a federally ' .�„�.'-��7 E+�
<br />�_�,.°-.� , - for Bormwer's e�row acoo w►t u n d e r t h e f e d e r a!R e a l 8 s t a t e S e tt l e m e n t P r a c e d n r e s Art of :: . . �
<br /> �;;,:. ; ' `,, telated mortgage loan may require -��,-_.:_��,�,;,-
<br /> � },z = :: ,.*1�,;. 1 9 7 4 a s a m e n d e d f r o m�m e w t i m e. 1 2 U.S.C.S e ar o n 2 6 flt e t se Q.(°IdFSPA"),unless another law that appli�s to the Fuads ; � ,:�� : �:
<br /> �'-_-;'q;y Z•_��a .r._--
<br />->g::.. sets a lesser amount. If so. Lendsr may.ai any time. colfect�d 6old Funds ia aa amount not to exceed th�lesser amoun� �`'` ,,,;r,.�:,:> �
<br /> � '�`, ,�. (,e�der may estimat�the amoant of Funds due on the basis of current data and r�m�ble essimates o f exp e a ditures o f f u ture � ,-
<br /> a �:;..�.,_�.. . •� Escrow Items or ot6ernise in accorAasice arith app&table taw. • '" � '� -
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<br /> ��r;��:i�.,: . 't�se Funds shail be held in an institntion whose deposiu are insured by a federal agency. inswmentaliry. az entity '��' }�,.._
<br /> '� ; ��•� �nciu�din Lender.if Lender is s�cch an institution)or ii�aay Federa!Hame Loan Baz�k•1.ender sha11 a I the Funds ta a We :_ �=-•_ '�=-
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<br /> Escrow Itens.i:endec may not charge Horrower for holding and applying the Furids,annaalfy anafyzing the escrow acc�unt.or • _ '-_
<br /> '=�".":'V.�: ��i� ' veri mg the Fscrow Items.unless Lender pays Borrower interest on the Funds and applicable taw permiu�a4er ta make such .•. _-��4-,'�
<br /> fY' � ; �'.
<br /> ,-`• ' . ' a d5arge.However.Leuder may require Bocrower to pay a one-time charge for an independent real estate caz reporting service �`,` �-=—
<br /> -� --- , used by l.ender in caa�ection with d�is toan, unless applicable [aw provides otherwise. Unless ar!agre�ment is made or ��.��-
<br /> � � ' .applicabie F�-ES requ9res interest to 6e paid,LRnder shall not 6e reqLi.-ed to pay Hosrower any interest or eamings on the Fuc,�s. �� ,
<br /> � Borrower.a:w Lender may agcee in a+riting.huwever. that interest shalt be paid on the Futtds. Lender shall give to Bornower. .� �
<br /> ` � .- �� �rjt]jpllL C�C� an annua!accoanting of the Funds,showing credits and debits to the Funds and the puc�po�for which each .
<br />. . .F._ ' . . }..
<br /> •• debit w che&rsads was made.The Funds are ptedged as additional seauity for.all sums secured by this Secuiitv[nstrument. '' ;i'�,-�,.
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<br /> : � � �s`;r'`' If the�ds held by Lender eacee�!the amounts permitted w[ra Y�eld by appticable law.L�-Ler shrill account to Bormwer !: '
<br /> . . 4". I,r��::,S7 • ' . ��. .
<br /> �'� for the excess Funds in accordance wic�the requiranents of applicable law. If ihe amount of r�Funds field by Lender at any • '�,� ,
<br /> • . ,,'f.%?f`f;'. s:
<br /> �aaie is not soffirient to pay the Escrow Items when due,Lender may sa notify Borrower in writing,and,in sucl�rase Borcower �' �r, '
<br /> _ -, , .� ��.;,s �
<br /> . , `'• {'� �t • Gf-�l!pay to Lender the amount necessary to maEce up the defciency.Horrower shali make up the deficiency in no more than ,��±,
<br />;, .� ` ' � twelve rtonthly paymenu,at l.ender s sole discm.tion. . ; �����' ��
<br /> � � ° ' ��"t:'� Upon�yment in full of all sums secured by this Security instrument, Lender shal! promptly rcfund to Borrower any •-
<br /> .>'• . .�,.
<br />`�.'r � � ' . Funds held 6� Lender.If.under paragraph 21.Lender shall acquite es sell the Properiy.Lender,prior to the acquisition or sale .j�; ' .
<br /> -. ' .:.•i.:: : of the Fraperty.shall appiy any Funds held by Lender at the time eFacquisition or sale as a ccedit against the sums secured by ;,�': .�_� ��
<br /> . .. this 5ecurity Instniment. . . ' •r .
<br /> ' �' ' ' � � 3.Appliration of Payruents.Unless applicable law psovides otherwise.all payments received by lxnder under parat,`*raphs . � °Y�' •� `--
<br /> _ _ �' � I and 2 shall be applied: first.tn any.prepayment charges due under the Note: second,to amounu payabte undeT�:,ragreph 2: , f-��
<br /> t ' 'y:. third.to interest due;fourth,to principai due:and last.to any late charges due under the Note. .�:�� -� �«�
<br /> ` � � �t`� '' 4.Charg�;Ltet�.Bonower shall pay all taxes,assessments.charges, fines and imposi:ir;.s attributable to the Pcqperry . � '�
<br /> r _ '{��
<br />-:�;":�::' �• � which may attain priority over this Security Instrument, and teasehold payments or ground rents, if any. &�rz�ower shall pay , ..��i% �.�
<br /> �- � • tii�se obli ions in the manner rovided in �a h 2.er if not aid in that manner.Borrower shnll pay them on time directly � �''•',���%�.
<br /> gat' P P S�F P .;.:sYi',
<br />�� ` '. • to the persors owed payment.Borrower���il promptty�'i:mish so Leader all notices of amaunu to bc paid under this para�w�h. • ;;.,+r;`: •�
<br /> �� _ • • • � . If 8orron��rn�ces th�se payments directty,Borrower shall pro�[}i�rnish to Lender receipucvidencin$the payments. , r �•.
<br />__��" ' • Borrc:y�s:�a11 pra:rptly discharge any lien which has prior.e}acer this Security Insirument unless Borrower:(a1 a�rees in .� , .
<br /> -- ��-'�� writing to the payment af rhe obligation secured by the]ien in a manner acceptab'�to Lender.(b)contests in good faith the lien .' �''�; '
<br />+ »+!"'. � � � by. or defertds again4t �:.forcem�nt of the lien in, ':egal proceedings which in ii�e Lender's apinion operate to prevent the ;`.�'. , '
<br />'-�� • enforcement of thc lien:or(c)secures from the holder af the licn an agreement satisfactory to Lender subordinatin�the lien to ,
<br /> ��'`''p • �,';:,,'; this 5ecurity Instrument. If Lender dttermines that any part of ihe Property is subject to a lien which may attain priority over _'
<br /> '- }�`' this Sr.curit Instrument. Leader ma ive Borrower a notice identifying the lien.Borrower sh:ill satisfy the lien or take one ar • . ,
<br />-��>: .. , Y Y g . .
<br />���•� � � more of the actions set forth above within 10 days of the giving of notice. �
<br />=�� '
<br /> ,. . ��_ .
<br /> ��.." Form 3028 9190 :t
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