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<br /> - , 'd'OGE�iER W�TFl4 e1.E the i�sp�aem�eut�aoc�or�emaftcr cmkted au the prage�y,'�a��S��m���tenanc�s. , .
<br /> aad 6atures aow ar hetzafter a pars af t�:e gsogcrty. Atl r�L�msnts�nd addit[�s s4�alI aL�a 6e cover�d dy tbis Secaiitp .•
<br /> • ImsmimenL Al�of t�e faiegaing is�efer�ed to an�tbis Sea�riry Iasontmeai.as the"Pmperty." �.
<br /> . � �OI3FZ�W�R CC�V�NAt�'i°B tF�at Bormvsrer is lacvfiilJy se3sed of t3�e esta*e he.cx�y canveyed aad has the right to�ant �
<br /> aad c;aavey the II�tpperty and tbat the Fi+opetty is c�encumbesed,except far en.�umb�auuces o+�r�cord Horrower warrants aad � '
<br /> aill defead generaity tl�e trtle to�he Fcogerty a,gam�ail�claims aad detaands,su6ject w smg en�ces of mcord.
<br /> ' '`�'HIS S�CiJL�£CY EriSTRUNUcNT com6ines.uniform covenas►t�for nationaI�e and nmi�aniform covenanrs with --
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<br /> ;timited variatiang iiy jufis�icaon m�oasatute a unifotm seccuiry instrument covering�eal'P�P�3'• __-
<br /> � � LJNIFI�RM COVENANfS: E�mwer e�Lca.der covenant and agree as fotlows: � �.
<br /> �- ���Fa�n��!� tp s�re?�a,ymeat a.�d�.ate l�rges. Bn�wer sh�Ii F��Y PaY when d�tlt� ` -_- ------- _
<br /> �al of aad intemst on t�e debt evidenced by th�Note and any prepaymgnt a�nd gate d�arges dne uuder the Notc. _° -
<br /> � Fluads for T�aces and Ias� Subject w agplicable Iaw or to a wntten waiver 6y Lender,Bmrotiver sbaD pay to ----__
<br /> Lender an the day mondilY paYmenis ar�due�md,�r the Note,amtl the Nute is paid in fiilZ,a sum("Fui►ds`�fnr.(a)Ye�I+ -_
<br /> taxes aa�i a�ses"�,�,r�whish may attain priority over this Secwity Ivsstru�nt as a t�eu on the�roperty;(h)Yearly leasehaId ----
<br /> • payments or grnund renu on tt�e Pto�ty, ff any; (c)Y�Y b��P�P�y insatance piemit�ms; (�Yc�IY flflod ----- -
<br /> insurance premiums.ff any:(e)peaaty mortgage insiaaur,�premiwns.if anp;�.d(�az►Y s�s payaisle 6y Barmwer to . �
<br /> � L�d�in araurdancs ariW!he pmvisions of paragtaph 8,in�iw of the paymeat af mmtgage ias�ance p�miuins. 't�ese _
<br /> items are caIled"Fscrow Items.° 'l.ender may,ai aAy time.coltect and hald PUrids in an amnuni not to exceed the m�imum � _
<br /> . amonat a leader far a federaltq relatea mnrtgage fuan may zeq�e for Hormwer's escrow z:�ount onder.the federal Real ��y--°_�=-_ _
<br /> Estate SettleA�t P'mcedu�es Act of 1974 as aanended from time tn time,l2 U.S.C.§26iq et seq.("�tESPA"),uqless anotfler ==
<br /> law tt�at applies w ttt�Furids seis a lesser amount If so.Leader may,at aay tiar�collect auu�Iujld Fands in an amouat not to �::�:�-- --
<br /> exceed the lesser amau�. Le�cder may estimate the aatouai of Funds ctae arr�d�e lbasis of c�ent daia and reasonable �=--.
<br /> . Pcrimar��fespeitdidu�s of fuUus Esctaw Items or othela+ise in accardance with applicable law. �
<br /> � .� Ttie Faads shaII be heid in an iastimdon whose deposits are iasured by a fedeYal agrucy,instramentatity,ar e�ity �.'-.-- --
<br /> ('mcluding Lender,if I�nder is such an institution)or in any FEderal Home I.oan Bank. I.�o�shall apgls:.t�e Fimds to pay .�.,a,u_--
<br /> the�cmw Items. I.end�r� not e Eatmwer for holdin sud the Fiwwds.annaaU a�t:�n the escrow r-•=�`"'�
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<br /> arcaant,or verif}riag the�Escrow-ItQms..#m1�ss Lender.pays Borrower int�on the Fimds and.apg�i*.a.e Iaw..pe�mit�. .. . .. '.�.;:=�;;�-�--
<br /> -- - - I.ender to make such a charge. However,Lender msy requue Batrowa to}3.�a one-time chaige for�s radepeudent ieal .:•.=:`s= _
<br /> estate tax zepartiag secvice eueA by Lenderin connecrion arith this iozn,aaless applicab2e taw pruvides ot�rarise. Upless an '`��-=�v _ _-
<br /> agteeement is made ar applicable Iaw requues intscest to be gaid,Lendes shall aot be recjnired tsx pay Boaower any interest ar ��'��'�- �=
<br /> eamiags on the l�ads. Borrower and Lender may agnee in writing,flowever,that intccest shaII Ttre paid on the f�utds. Lender .c
<br /> shaU give to Borrower.without cbarge.an annnal ascaunting of the Funds.showing credits and debits to the I�mds aad the. . -�F=-
<br /> pntpcise for wIuch each debit W the�nds was made. The Funds are pledged as addiuonal secariry for alt�ms secured iry �� :�... ;
<br /> this Sec�ity Iastramen� • ;� -
<br /> If the.Funds heId by Lender exceed the amounts pern►iued to be hetd tiy appucable lavr.Lender.s�all accouat to
<br /> Boiroa+er for the excess Funds in acresdaace with the�equiremeau of app&cable lanr_ If the s�ounf of�e FunBs ke1sC�y � '��...
<br /> • Lender at aay time is not saf�cieat tv pay the Escrow Itemc when due.Lender may so noi�r�omower ui�riting,and,in "
<br /> sucdi case Bormwer shall pay to Lender the amount necessary w make up di��.'efieiency. Borrower�3alY'make.up the ��"�
<br /> � deftciency in ao mose qhan m+elve monthly payments,at Leader's sole discretion. �'��'`
<br /> � Upon paywent In fall of aIl sums sec�ed by this Secvrity,Insuument,I.ender shall promptly'�efund to Horrower any A �
<br /> Fimds hetd by Lsuder. If.under patagaph 2I,Lender shaU acqaire or seU the Property,Lender.priar to the acquisition or �,
<br /> sale of the�roperty,shall apply any Fimds held by Lendet at the time of acquisition or sale as a credit agains�t the sams "
<br /> secured by this security mso�umen� ;�✓ •
<br /> 3. Applkatlon af Pgym�nts. Unless apglica6Je taw pravides othernise, all paymenis mceived iry Lender under �.•,.r.�
<br /> paragrap6s 2 and 2 shall be applied: fust,w any pcepayment charges dae under the Note;seconQ to amounts payable�der .
<br /> patagraph 2•third,to interest due:fowth,to princ�pal duc;and las�to any late charges due ander ths Note. '.�.____
<br /> 4. Charges; Liens. Borrower shall pay aU taxes. assessments,charges. fines and impositions attribarable to the ,�-,�
<br /> Aroperty which may aitaia�priority over this 5ec�uity Ins�ument,and leasehold payments ar ground reats,if any. Borrower � �•�;� �,.`
<br /> � shall pay these obligations in the marmer provided'm para�aph 2,or if not paid in that maaner.Borrower shaU pay them on r` ;�.¢° 'r.
<br /> time dic�ctiy to the per�.n�owed paymeat. Borrower shatl pmmptly furnish to[gnder all aotices of amounts to be paid under ,+�r:•>�'� :_
<br /> �P��Ph. If Homi�v�r makes these payment�directly.Borrower shall pc�ptly fumish to Lender receipts evidencing f:f.,-_.,,�;,��� ,�.�`:��
<br /> tne payments. : � � .'°''� :';;_.
<br /> , �omawer shall prompt�.y dis�lr�x�e airy lien ahich has prioriry ovet this Serurity Insuument unless Borrower.(a)agrees . �'-'•
<br /> in ardtiag t�the pa}nnent cf�We oUl�atioa secnred by the lien in a maaner accepta62e to Lender;(b)contests ia good faith the � ;�� � • �.�:�
<br /> lien by.,or defeads agai�st�nfo�ent of the liea in.legal proceedings whic6 in the Leader's apinion operate ta p�event the � ��T �'"
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<br /> enforcemant pf the lien:or(c)secnres fmm the holder of the lien an agreement satisfactory to L,ender sribordinating the lien ��� : ,l w�'-
<br /> to this Shcurity Instrwnent IP l.ender determines that any part of the Progerty is subject to a lien which may attain priority � M,. '==
<br /> .over tmis Sec�uity Instramen�Lender may give Bomnwer a notice identifying the lien. Botrower shall satisfy the lien or take � -!� • --
<br /> one or more of t4e act�ons set forth above wittun 10 days of the giving of notice. . _
<br /> S. Harard or Property Iasvrano� Borrower shaU keep the improvements now eaisting or hereafter erected oa th� . � , j-
<br /> property insured against toss by�ire,hazards incladed within the temn"extended cuverige"and a�r other ha7ands.including . '.�
<br /> tloods or tiooding,for whicb Lender requires insurance. 'I9�is inswaace shall be maintained in ihe amounts and foi the , ' '�•.
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<br /> � CrnmJ078 9J90 IOaSe 2 oj6 pagts) • _
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