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<br /> ' TOd�TN�R WITH ail thc irnpravcments now on c�rcuftcr crccicd un il�c propc�ty,un�l all enscmcnts, iippurtcnunccs,
<br /> �md fixtures nc�w un c�rcaftcr u part uf'Uic pro��crty. All repinc�:mciits imd uiidit6ons shnU nlsn hc cuvcrcd hy ti►is Scc:urlty F4 ,
<br /> Inst�ument. All of thc forcgainu is rcfcrred tu in ti�ls Sccurity Inyirumcnt n�ihe"Peoperty." �,���;'"V
<br /> (�O1ZI2UWCR COVGN/►N'I:S ihi�t Uorruwcr is luwfully scitic�l��P�L•c cslutc hcrcby a�nvcycd und hnti thc rl�l�t to�;rucu �.�;�. W
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<br /> ,md r�,nvc�+thc Properly and chat thc 1'rci�Crty is�uicncumf�cred,cxccpt fnr cncumhnuucs of record. Ilnrrowcr wiirrnutv und __'._.--..
<br /> ..� �vill dcPend gcncrally thc titic to ihu Nroperty ugninst nll cl�iims nnd demnmis,hub}cct to►�ny cncumhmnccs��f recc�rd,
<br /> � THIS SGCUItITY INSTRl3MGN'1'ca�mbincs imiiunn cuvcnu�u, fur��adun;il usc .uid no�i-tmif�rm covrnnnt� with �_�"_-��"�•�
<br /> limited variutians by jurisdic�ion ro constitutc a uniform sccurity instrument covcring rcul property, __ _
<br /> UNIFORIv1 COVENANTS. Barrowcr And Lcndcr ca�cnnnt iuid ngrcc as follows: R=¢=:,.=____
<br /> 1. Pnyment of Pr[ncipal oond lnterest;Prepnyment nnd I.ate Charges, Honower shaU promptly puy wheii duc the -�_•—
<br /> .. • principal of and interest on►he debt cvidenced by the Notr,nnd any�repaymen¢nnd late charges due under the Note. __--_
<br /> 2, �nds for 7bxes nnd Insurancc. Subject to upFlicablc law or to a written waiver by I.cnder,B�rrowcr shall pay to
<br /> Lendcr on the day monthly p�yments ure duc undcr thc Notc.�mtil thc Notc is paid in full,u sum("Funds")�f�'�jeasel old � - —
<br /> taxes and assessments which may attain prioriry over this Security Instrument us a licn on thc Propeny; (b)y � y
<br /> payments or ground rents on thc Property, if nny; (c) ycarly hazurd or propetty insurance premiums; (d) yearly fl�od
<br /> insurance przmiums, if any; (e) yearly mongage insurance premiums, if any; and (� nny xums payable by Bonower to
<br /> Lender, in accordance with the provisions of paragraph 8,in lieu of the payrnent of mortsage insumnce premiums. These _
<br /> items are c�lled"Escrow Items." Lender may,at any tune,collect und hold Funds in an umount not to exceed the maxinium
<br /> amount a lender for a federally related mortguge loan may requi�e for Borrower's escrow account under thc federal Real
<br /> Estate Settlement Procedures Act of 1974 as amended from time to time, 12 U.S.C.�2601 et seq. ("RESPA"),unless nnother
<br /> law that applies to the Funds sets a lesscr amount. If so,Lender may,at sny t�me,collect end hold Funds in an amount not to __ __
<br /> excecd the lesser amount. Lendcr may esumate the amount of Funds due on the basis of current data and reusonable __,_____
<br /> cstimutes of cxpenditures of futurc Escrow Items or othcrwise in accordance with applicable law.
<br /> The Funds shall be held in an institution whose deposits are insurcd by a fedcral ugency. instrument�liC,�,or endry ��_,�_
<br /> (including:.endcr, if Lcnder is such un institution)or in any Federal Home[.uan Bank. Lender shall apply the Funds to pay �;_
<br /> � the £scrow Items. Lcndcr may noc charge Borrower for holding and npplying the Funds, annually annlyzing the escrow �a�.::.
<br /> . account, or verifying the Escrow items, unless Lender pays Bono�ver interest on the T'unds and applicable law permits �t�;.�
<br /> Lender to mnke such a charge. However, Lender may require Borrower�o pay a one-time charge for an independent real _
<br /> estate tax reponing service used by Lendei•in connection with this loan,unless applicable law providec othenvise. Unless an _�-
<br /> a�reement is madc or applicable law requires interest to be paid.Lender shall not be required to pay Bonower any interest or �_-
<br /> earnings on�he Funds. Bonowcr and Lendcr may aErce in writing,howevcr, that interest shaU be paid on the Funds. Lendcr _.�
<br /> shull gi�•e to Borrower, without charge,an annual uccounting of the Funds,showing credits and debits to the Funds and the i�-*�--
<br /> ___ __ ____= r,��„��.r��wh;rh �ach debit to the Funds wus madc. The Funds are pledged as additianal securiry for all sums secumd by �
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<br /> this 3ecunry Instrumcnt. --
<br /> . lf the Funds held by Lende� exceed the amounts permitted to be held by applicable law, Lender shull account to -_T
<br /> • Borrower for the excess Funds in acwrdance with the requirements of applicnble law. If the umount of the Funds held by '_�_:
<br /> Lender at any time is not sufficient to pay the Escrow Items when due, Lcndcr may so notify Borrower in�vriting, and,in :;;;;,__
<br /> such case Borrower shall puy to Lender the umount necessary to m:ilce up the deficiency. 6orrower shall make up the ,f ';°
<br /> de�ciency in no more than twelve monthly paymcnts,at Lcnder e sole discretion. -#.�._�_
<br /> • Upon puyment in full of all sums secured by this Security Instrument. Lender shall proniptly refund to 13oROwer any '.
<br /> . . Funds heid by Lender. If.under paragraph 21,Lender shull acquire or sell the Property, Lender,prior ro the acquisition or �� -
<br /> sule of thc Property,shall apply any Fands held by Lcndcr at thc timc of acquisition or sale as a crcdit against the sums ,��.__
<br /> securcd by this Security Imwment. 'J"`
<br /> 3. Appltcation of Payments. Unless applicablc law provides othenvisc, all paymcnts reccivcd by Lcnder undcr `.�.3+-
<br /> paragcaphs l and 2 shall bc applicd: tirst, to any prepayment:.hargcs due undcr thc Note;sccond,to amounts paynble under r,y,,,
<br /> paragraph 2:third,to intcrcst due;fourth,to principal duc:and lust,to any latc chargcs due under the Notc. �+�
<br /> 4. Cha��es; Liens. Borrowcr shull pay all taxes, assessments,charges, �nes and impositions attributablc to the .„��
<br /> Properiy which may attain priority ovcr this Security Instrument,and Icaschold payments or ground rents, if any. Borrower
<br /> shall pay thesc obligat�ons in�he manner provided in paragraph 2,or if not paid in that manncr, Borcower shall pay thcm on _
<br /> timc directly to the person owed paymcnt. Bormwcr shall promptly furnish to Lcnder all notices of amounts to bc paid undcr
<br /> this paragrsph. [f Borrower makcs thcse p•rymcnts directly, Bonower shall prc�mptly furnish to Lendcr reccipts cvidencing
<br /> the payments.
<br /> Bonower shull promptly discharge uny lien which has priority over this Security Inxtrument unless Borrower.(a)agrees
<br /> ' in�vriting to the payment ot the ohligation secured by the lien in a manneracceptable to Lender;(b)contests in�ood faith the I ��.
<br /> licn by,or defends against enfoncement crf thc licn in.Iegal proceedings which in the Lendcr's opinion operatc to prevent thc �
<br /> enforccment of thc lien;or(c)secures from thc holdcr of thc licn an agmement satisfuctory to I�endcr subordinating the licn �
<br /> � to this Security Instrument. lf Lender Jetermines that any part of the Propeny is subject to a lien which may uttain priority
<br /> . over this Sccurity Instrument,Lender may give Borcower a notice identifying the lien. Borrower shall satisfy the lien or tnke i
<br /> one or more of the actions set fonh ubovc within 10 days of the giving of notice. ,
<br /> � 5. Huzard or Property Insurance. Boirowcr tihall kecp thc improvements now cxisting or hercaftcr erected on thc i
<br /> Propeity insured ugainst loss by 6re.haz:irds included within the term"extended coverage"and any other hutards,including
<br /> , flo�d�or flooding, for which Lender requires insurance. This insursnce shall be maintnined in the amounts and for the I
<br /> . Form 30213 9190 Ipuxe 2 uJ 6 p��g��i ,
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