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<br /> --- _�: <� . �� TOGE'i'�f��i WlTH r.+ll tS�e ir�provecnents rww or hsceafter er�ted aa the PmgcrtY•smi�li'��nts.�i'p�p��r,ud ° , .
<br /> �.-'-:��"'` R In�Pe�Y. Ail t�pl�emex4s nud additions s6a1I alsa�6e co�ered A iy,
<br /> - �;.�, _. . �,.� � fiattucs aow,or t�mafter a art af the y �his S�ri
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<br />-- - :f ""`F'``�'�:'`. ` InsErumcn3.A1t of ihe fore�o�n�, � tg Progerry.'
<br /> ��.M-� ���� .� h �is d2feii�tm io this S.,tvcI �auuame�2 s�ss thz" � .
<br /> *?��� �' 80RROWER COVF.�It1NTS tt�t Bamower Ls luwfulIy sds�of the csta�e heret�y onaseyed u�d 6as the right to grant ami
<br /> - -.. �:t• ,i •�comey ttte Propertyr and[hai�he Peoperty is u�cc�umberEd..eacept.for eas�mbrsa�s of reoord. BurroR��var`r.usts and�vilt
<br /> _�`�E�.V��r, ��- '. defend gecer.►Ity�h�dde to thz Prog:rty 3raiact aIl claiins and de�ads.sublect ta rmy encumbr�anc�s of re�ard.
<br />.-x-�;���`.'�.`,�<:��,•�, 'i'HIS.SECUYZITY 1NSTRUI4IENT cambim�unifo�aovenants for aasional us�and ana-unifa�n cavnn�,.mc�viW limite�d .
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<br /> ,.,.��.. ..;,�_:;,- ..� �variations tiy jvrisdirtion to mnstitute a unifarm security ins�tomem oovering r�il praperty. , ,
<br />� � .� `;� ;�,` � iJAiI�ORM C`a1�NF►MCS.Burrmver and Lender.swvenant and agre�os foitotivs: , , '' �
<br />-,-- : <,. 1.Pm�n�nt Qi P�9 aaid Ini�; P�p�y�aad Late Cltarg�a. BorroKer shall promp�ty t�tY wtien due[te
<br /> ,� 7;. � ` priacipal of IInd inierest on the de7st evidenced by the Note ai�d any pm�ayment und tat�ci�arges due�snder the Notc� '
<br /> r .� �;-�;,,' �' 2.F�ands Qar T�cg and Ias�n�nae.Subject to uppiicable taw or to a�vritten waiver by L�ades,Baaoae$shall pay to
<br /> -�"`'"��`"`�"�°'��' L.ertdez on the day inonthly payriment�are due�d_r the l�ioi�.until Q�e Alote is`paid in full.a sum('Fuads"1 for_{n)yeadY taa�
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<br /> 4 `�' ��; .��� aa��is wiuch c�y atrain pri�riry over this Secauity Instrumeat a�n tien on the Pcoperiy:N)Y�Y t�ol8 payu�eais
<br /> `�- :�`'?..�: as grouad reass on We Pmperty.if any:(c)yeariy haiard or prc►perty insur.�oe pir,�aiu�;(fi Y�Y�aod���preminm ,a .
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<br /> =,.�� �_,•��e;`�.�, if nay:(e)Y�rIy mortga�insursrice prmiums. if any:artd(t�anY sutas payable iry Bo�•er to Lendcr,in aao�rdans�wIL�
<br /> �= �°� the pravis'sans of P�8. en tieu af the nt of a:an e i�urancc remiums.7�cse items ure�tlt�°Fs�aw Iteffis.` �
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<br />—`���:�`:..�•' • I�er•may.at anyr ti�e. wltest aad hold Fuads in an amouni not to exoead�m3xlmum amowis a lei�der for a fedraaliy ,
<br /> w•:�' ���;' refated ma�t�e laan may�equire for BonoR�er s escru�v aocom�t imder the federal Reaf�a2a�Settltment Pt+oxduns Aex:of ,
<br /> _ :�����.�4-:���.. i714 as amead�ci faom[uae co 6me. l2 U.S.C,Section 2601 et seq.!"RFSPA°),t�ntess anott;er law.46at applies to the Funds '
<br />--:�;r�-II'- �' � seu a lesser arnonm.if�so.I�nder way.at a�r time. ooltect ar�d kold Fu�s in an amannt nat tfl etceed the iess+x amvunt
<br />_::;.;:;�;f`���` `•' i,a�ter may esaimaie the amaunt of Fnnds dae on the 6asis of current data a�c�sanabie�s4imates af ea�euditur�s of•fiiarre '
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<br /> ,,;: . � -- ,--�. . Escmw Items or othenvise in a000nia�cce arith appliraAte la�v. . . , ..
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<br /> The Funds sL�all 62 held in an insiimtion whose deposits ase insu�by a fedeia! agency. insqvine�ify, ar w�ity
<br />-_ °�_'`'..,;=y�,�-:: (inc!■.:ding Lender. if l�end�r is suCh an institution)or in'auy Federai Home I.aan Bank.tRnder shaU agply ttie Feu�ts to pay the �
<br />° �:.��,::. Fscrow Items.Lr�nder may noT chatge Botrower for holding aad apglying tM Fimds.annually analyziag ti�c�Cmw aoeo�.taa,or
<br /> _;;;;�`�.,:�_;�<. ^ vedfyiag the Esc�vw Items.unless Lender pays Borcower interest on ths Funds an�applicabte_taw pennits 1.ender to makesucb
<br />�`r.�,;,f �. _, a charge.Ho�vever.Leader a�ay require Borro�ver to pay a one-tnme charge for aa indepead�nt�ea1 estite tas e�parting servicx.
<br /> - . . �. � . used by Leader in ooanectioa with tbis loaa, uniess appiiqble law provides athernrise. Unless 9n t�eement is made or`_ ,
<br />-,'. � • .�. applicaWe law r�nires inter4st to 6e paid.l.ender shall not 6e mqairefl tn pay Borronrei auy inter�st or eammg3 a�thr Fupdsi..
<br />- . .. Borrower and Lender inay agr�e in writi�ng.however.that inteiest shaA be paid on the Fands.L,ender st�all�ave to Bomrwer, ,
<br />_ ' ' ". , . � . wltIwut charge. aa annual axuunting af the Funds.shawing.rredits and debits to the Fuads a�the puipose far whir.�eacfi
<br /> ;-� � � � debit to the F�u►ds�vas made.T6e Funds are pledged as additional security for atl sams seaued by ttus Secariry�astrament. , . �
<br /> If tha Funds heid by Lender exceed the amonnts pertnitted to be keld 8y applieable taw.Lendet shall acoount tn B�rrour2r
<br /> ,•..:.��__,:x:= ,-. for the e�[ceis Fmds ia acoocidanc�with the requireme�s of applicabie law. If the.amount of die��ds held b1r Lender at aay
<br />-r:a� � dme is not sufficient to pay the Fscrow I[ems when due.l�ender may so natify Bormtiver in writing.and.in sudh case Bormvver.
<br /> "*-" �'- ' . . shall pay co I.ender the aaroun3 necessary to make up the deficiency. Borrmver sl�ill maYe up the dsftciency in ao more th�
<br />-�� , � > �, ta;elve atonthly payraaits,at Leader's sote discretion.
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<br /> �= • : }�.'.��.� Upon payment in fuil o€all sums secured by this cecz�riry (nsuument. Leader sha11 prompilp refand to Bo�rower any
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<br /> `_r 3. � ':.,...: � Funds held by Lender.If,under paiagiap5 21,Lender shall acqaiie or sell the Praperty.lesder.prior to the acqnisirion ar sale
<br />-:_�:,,_ti�::�::.:=� oftheFro .
<br />___ peny.shall apply any Funds hetd by Lender a:the time of acquisition or sate as a credit against the sums serur�d by
<br />- _ ;.; �,; � this Security Insuufnent.
<br />-"'r�,{�d:M�>,�=: . : 3.Appiicatloa of Faym�afs.Untess appticable law pmvides othern+ise.all payir,ents received by Lender under Ijarapa�
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<br /> --=P='w��-� - 1 and 2 sha11 be applied:t"ust. to anY Prepayment char es due under the Note:seoond.to amonnts a able under 2•
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<br />;�.. _ _ .. .,,•,;� third.w iaterest due:fa�is,to principal due:and tast.to amr tate cUarges dae under Ute Note. . .
<br /> ': �`� 4. �i.Bd�i�ecrawer shal! a a11 taxes.asse«rt,Qnrc:
<br /> — ' . . Cha�. P Y char8es,fines and imposiaons attributable to the PropertY
<br />� which may attaiu g-��dri-n�e..T this Security Instnrment.aad leasetwid payments or grouad reats.if,aity. Borro�ver sball PaY
<br />;'"-�'r . these obligatiors i�c5.e trntnncr provided in paragraph 2.or if not paid ia�that.manrser.Borrowet shall pay them on time direitty
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<br /> - . ' . • to the person ar ed fmyria�t.p�rrvwer shall promptly farrt9sh to Len�all notices oi amnunts to be paid uMer this paragaph.
<br /> -� _•: If Borrower�ilr.�s��ii�G.na4ments directly.Barra�er s�ll promptly fur�sh to I.ender reoeipRS evidauing the pay�nents.
<br /> - • � _ . Borro�►�er�Z�ail protqptip discl�arge arty lien which 6as priarity a��er this Sewrity fnstrument unless Boxrower.(a)agrces in
<br /> -__ , � : writing to the paymem of'aii�e�bligation secured by the[ir�in a manner acceptable to Lender.(b)aontests in good faith the lien•� -
<br />_�_ ' . �- b , or defends nst enfocnement of the lien in, te —
<br /> __ , y agai �1 pmceedings �vtuch in tfle Lender s opinion.opetate to prevetA the —
<br />°'?"���� - . �� enforeement of the lien:or(c)sec�ues from the holder of the lien an agmxment satisfactory w l.ender subordinating tAe lien W -
<br /> ;�- .: � this Security Instniment. If Lender determines that any part of the F�roperty is subject to a iien which may attain priority over �
<br /> c6s Security lnstruinent.Lender may give Borrower a r.otice identifying the lien.Borrower shall satisfy the lien or take one or -
<br />- - ,. • .�*��• �are of ttte actions sei forth 2lzove within 10 days of the�giving of notioe. '�`
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