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<br /> ' TOGaTI�'sR WITH all the improvcrtcents now or hercafter crectcd on the propeny.and s�ll easements,appurtenanccs,and � _-
<br /> , fixtures now or hereaftu a part of the properiy.All rcplacements nnd addidona shall also be wvered by this Sccuriry Instnr�menG
<br /> __. All of ihe foregoing is rofened w in Ui1s Seciuity Instrument as tho"Property."
<br /> , - ` BORYtOWER COVENANTS that Borrower is lawfully seised of the estate hereUy conveyed und has the right to grant and �
<br /> convey the Property tu:d that lhe Property Is tuiencumbered. except for encumbrances af record. Bortower wanants and will I
<br /> defend gene�alty tht dtle to the Property against all claims and demands,subjcct to any encumbrances of recard. ,
<br /> TFIIS SECURTfY INSTRUMBNT combines uniform covenants for naSonal use and non-uniform covenants with limited
<br /> � variauons by jurisdicdon to ennsdwte a uniform security icuaument covering real pmperty.
<br /> LJNIFORIN COVENANTS.Horrowcr und Lender covcnant end agree ns follows: "
<br /> _ �• 1.Payment oT Frincipa!end Interest;PrepAyment nad➢.ate ChArges. Borrower shall prompUy pay when due the
<br /> � principal of and interest on the debt evide,nced by!ht Note and any prepayment end late cherges dua under the Note.
<br /> • �: ; ". x.�tntls for Taxes and Insurnnce. Subject to applicable law or to a wciuen waiver by Lendex, Borrower shall pay to
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<br /> -;n�.,.•�.;. � Lender Qn ihe day monthly paymcnts acc due iuider the Note,until the Nate is paid in full,a sum("Funds")for.(a)ycarly taxes �� °�
<br /> """'� ''" a�id nssessmenss which may at�vn prioriry over this Securlty Instrument ag a llen on the Property;(b)Year1Y leasehold paymen�s ;� ,.�. - •-.-,«•.+,f?�"
<br /> -9►s�r;�y,.i,;. • r:.}.�u:^';
<br />'`�Y ��.��• ' ' ,, . or grouY►d renu on�iie Properiy,if any;(c)gcazly hazard ar property insurance premiums;(d)yearly flood insurance premiums,if .:
<br />` ?'�"'� en . e earl mongpg�insurance premi�uns,If an .and(� any surns�ayuble by Borrower to i�nder,in accordence with the ,.:'.,. . .
<br />--" .,�:�,,.: Y'()Y Y Y' : , "
<br /> � provisions of�tuagraph 8, in lieu of the payment of mortgage insuTnnce premiums. Tl�ese items�ra called "Escrow Items." ���'`: vf�:_.
<br /> i,�it� ; • '` l.ender mey,at any ame,collect ard hold F�nds in an arrount not to e;ceed the maximum emount a iender for a federally related 's�`L'�,a�'���_
<br /> ,;.;'�:�,:,,� m�rtgage loan may require for Borrower's escrow account under the federal Real Estat�Scttlement Procedure�l�cc of 1974 as 'i�;,;'�";�,:,r„��;r;�s —
<br /> " " amcndcd fram tirac w time.12 U.S.C.Secrion 2fi01 er,csq. ("RESPA"),unle.s anather law that applics to the Fe�ntls sets a l�sser
<br /> amoun� If so, Lander may.at uny time.co3lect �cl hold Funds in an arnount not to exceed the lesser amoun�Lender cr�ay ,(;1,.�;,'�s�'a---v-
<br /> �� cst'smate the tunfli�nt of Funds due on Ihc basis of cu�,ent data and reasonable eswnates of axpendltures of future Escrow items or ,�ri;�" ..,�''—.
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<br /> - --- ot�c^.rwlse in s�ccordance with a�licable law. „ ���;i,���i�
<br /> • . 1t►e Funtls sha�ll be hcld in en instiwdon whose deDosits are insured by a teAeiai�Ency,instrumemaiiry,or e��i;ty(u�eYuu„i� ,. ,.,�;,�,�,�:
<br /> ' ' � Lender, if LenBar 3S such an insatution) or in any Federal 1Eiome L.oan Bank.Lender shall apply Uie�nds to pay the Escrow 'ti�+.�i�.'"
<br /> Icems.Ler.�anfly not r.harge Borrower for holding and applying the Funds,annually analyzing the escrow account,or verifying ;,�,4:.
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<br /> the Esemw It�ms, unless Lender pays Borrower interest on the Funds and applicuble law permits I.endor w malce such a charge. •;;�.��;,.
<br /> ' Howaver.Lender may require Borrower to pay a one-time charge for un independent rcal es�ate ta�e reporting service used by
<br /> Lender in connocdon with thls loan,unless eppllcuble law provides otherwise.Unless nn agreemr,nt is made or applicabk law
<br /> • rcquires intuest to be paid.Ler.du shaU not ba roquired to pay Borrowcr any int�rest or eamings on the Funds.Bomnwer end
<br />, . � (�tnder may egroe in wridng.howevcr.that intcrest shall be paid on thc Funds.L.ender shall give to Borrowcr.without charge,en •: r
<br /> � . ennual acco►u►dng of the Funds,showing cred�cs and debirs w�he Funds end tho purpose for which each drbii to the Fund9 wae
<br /> " made.'Iha Fund.9 are pledged as nddiUonal se:curity for all sums sccured by this Socuriry Inswmen� '�'� .
<br /> � If the Funds held by Leaxier excee�tho c�naunts�miuecf w h.:,held by appllcsblc law,Lend�s sh�er�c�o�nt tn snrmwcr for �L'�`�;
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<br />_ �he eiccess Funds in accordance with the requiremencs of appticuble law.If the emount of the FurWs held by I.ender at any time is E��-='`'�"��"
<br /> , not sufficient to pay thc E�row Ituns when due,Lcndcr may so nodty Borrower in writing,cu�d.in such casa Horrowcr shaU pay ����`" °�
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<br /> - .. to L�der Ihe emcwnt necessary to malus up the deficiency. Borrower shall matce up the de�iciency in no more d�an twelve ,,...,,, .��%�_
<br /> L4�IIt I.CtI(ICf'8 501�dISCI1ElI0i1. .l--��.
<br /> I►tQill�ily�3yf11CA �:�•;��'-.:
<br /> _ ' Upon payment in full of all sums socured by this Security Instrument,Lender shall promptly refund to Borrower any Funds '.•,h�'��;
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<br /> :; • • held by Lender.If,under par�grnph 21,Lender shall acquire or sell ihe Pcoperty,Lender,prior to the acquisidon or sale of the :�'�;�.�
<br />- ; � propGty�sh�ll apply any Funds held by L,ender at the rime of acq�isidon or�le ag a ccc�iit ua�ainst rhe sums secumAi by this ��iv
<br /> ., Security Insuumcnt _.. •�,y�,���J:
<br />- � 3.Applkatbn ot Fayments. Unless applicable law provides othenvase,all payments received by Lendet under paragiaphs • � :�''��.
<br /> - 1 and 2 shall be applied:first,to any prepaymcnt chargcs due under the Note;secand.to emounts payable undcr paraEraph 2; �z-
<br /> y � third,to intaest due;fo�,to principal due;nnd last,to any tate chnrges due under the Note. '•''
<br /> • 4.Cha�`ges;lLkas. Borrawcr shall pay all taxcs, assessments,charges, finas and impositions aaribumble to the Fronerty ,
<br /> _ which may auain prioriry ovcr this Scx�:siry Instrumcnt,and l�old payments or ground rents.i�'an,y.Borrower shall pay these � �
<br /> obligations in thc:manne�providcd in p�ragraph 2,or if not paid in ttut manner,Borrower shail pay them on time diroctly to the
<br /> � person owed paymen� Borrower shaU prompdy fumish to Lender all nutices of amounis to be paid under this ptuagcaph. If .
<br /> � .. Borrowcr ma{ccs thesc payments direcdy.B�rrowcr shall prompdy fumish to Lendcr n.ceipts evidencing the paycncnts.
<br /> s �� BnrrowGr shall prompdy dischargc any lien which has priority ouer this Sccurily InstrumEnt unt;ss IIorrawcr:(a)agrocs in �
<br /> � wridng to the payntent of the�bligation securod by the lten in n manner acceptab2e to I.ender:(b)cont�is in good faith d�;,lien .
<br />;,�. , by, or ckfends aguinst enfon;ement of the Gen in, legal procec�licsgs which in the l.ender's opinio+'► operate to prevent the �
<br /> cni'orcement af the licn;or(c) secuxes from the holdcr of the lien an agrocment satisfacwry to Lcnder subordinatin�th�lien to
<br /> thit Security Instiument If Lender dt�mines that any pNt of the Property is subject to a lien which may attain priority over this �
<br /> � Sccurity Instcument,L.endcr may give Bormwcr a notice idcntifying the U�.BocrowP�r shall�atisfy thc lien or takc onc or more
<br /> - --L--• - of�he actinns set focth abovo within 10 dayn of the giving of nobse. '-------
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<br /> . Form9oZe 8�90 ; --�-" °
<br /> �-6R(NE)ro2�21 P.y.xoie INtlab: -- �
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