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<br /> , <'�3�iE��.WI�H al}QI�IIII�f0V2ffi�IItS Il4�V Qt�E1�i������������•��•� , _— -- —
<br /> � fu�tac�s now or her�aRer`a paet of thc�R�i��4Y• ���?�rs e�d nstditimis shail�aLsm 6e cnvered is�' ai�s S�ritY' -- _ -
<br /> . ' lnstmit��t.Al)of tYie foregoia�is rzfer�d to ia this Secairecy�ias�m as the'Fr`og�rty.• � ` . -----a -
<br /> SORROW�COVENARtTS thaa Burrawer Is tawlv�,Uy seised af the e�aze hereby oouveryed acd�as i�e cig6t,to g°�m�t3 �
<br /> • co:4wzy ahe Fraperry aaad thas th��'ro�enY is aasncum6ered,exceps fbr eacvmbraaces�af ieaard.Boirawer a�arraat�s aud NriU
<br /> � d�ftad ge�r.�Iy,2lte titlg w th�P�ap�ty against ull clnims ard demunds.subject to aay eacumbr�aces of record. ,
<br /> TH[S SECURdTY INSRRdJMENT wmbiaes uutfo�cav�nants for aational tue ar.�r.on-einiform cavenants with 6mit�
<br /> � vs�riaHnns 6y jurisdictiaa to consrimte a uniform secxuity eitsvura�R c�veriag r¢al groperty: ' . , � . . _
<br /> ` UI+iI�ORb+�i.�OYLNAAl't�.Borrowcr aatsssl Lxr��ccsv�at ar�a�as faQows: � -----_ -_ ----
<br /> . �. Fi}'�:ut aQ�p�f�d Interest; Pr�ePaY[¢eut a� l.at��harge�. �oreower shal!promgtiY Pay�vttea�due the __--_-
<br /> princ►gal of aad int�rest on th:debt cvidenred by the Noie and anY P�Y��latr eharges due under the Note. . ---- ---
<br /> g.F�S�OZ T9�8dt�Y�Ii'BIIC�.St1Uj�t0$j�3IiC2�3IL�3W t3f t0 3 L`17ti[2It�J8tY$I�f}f I&�L�Q�,Botrowe�shall pap ta - __---- ------ _-
<br /> Le�des on the day umuthiy paytnents are dae tiader the Nate,wntil the Note is paid ir�full.a s�m("Funds")for.(a)yearty taxes =—____��__
<br /> aad assess�ms cvhich may attaia priority over ttris Secusity Inst�ment as a lien an the Pcoperty:(b)YeartY leasshoid Paym�nts �__^_--_--
<br /> aT giQ4ii'�.�CQ+iso�D.th6 PNpezty.if 3try:(c)Yearly l�rd or pmrgerty insuraace Preaniams;(d)yearly ttood ina�ranoe p�Atlut�. - —
<br /> ' ��►Y..(e)Y�ui'1�art�a;e inst�cagce Siemiums.if any: aud(�any sums payabJe by Bormwer to Lender,in ascordaace with . --_
<br /> rtc�pr4�risiaxts,4f pa�agg�aph S.�n liem of t1�e PaYm�b af moR3age ins�rauce Fremiums,These items are caIIed°Fssmw Items." __-_ -.
<br /> ' Lenster may, at anY time,colle�c.aasi.huld Fat�in an amoaru aot ta exc�ed the ma�unum amauut a lendrr for�federal{y.
<br /> • retate� maitgage loan may require for Bomnwee's�cro�r a000uut uud�the fed:stsl Real Fstare Seittemens Proce�du�s A�of... --�.__.�_-
<br /> 19T4 as�eadad fcaat oime to time. I2 U.S.C.Se�ion 2601 ea seq. ('�SPa'), iutless aaothes Iaw:.thaE applics to the Funds •� --
<br /> sets a lesser amonnt.If so. Gercder may.at any tirae.anllect aad hold Funds ia an amo�t not to exceed the tesser amount. --
<br /> Leader imay estimase the artwunt of Funds duc on the basis of cvr�ent data anst reasonable estimates of expeaditur�s of future --- - -- _
<br /> Fssmw Items or otherwise in accoidane�with applicable law. =_ _-
<br /> • '[�Funds shail be held ia an iastitutioa wha�..e de�osits aie insured 6y a foderEl age�cy,-incte+�mQnta}i�y, or entity =- - _ __�-
<br /> (iactudIng Lender.if Lender ds such an institaiion;or in any Federal Home Loan Bank.Leader shaf4 apply the Funds to pay the �
<br /> � F�sciaw Itea�s.l�nder may ont charge Bamu�rer for hniding aud appfying the Funds,�mmlaly anal}zing t�e escraw�nnt,or
<br /> varifyi�g the Ess�ow Iteucs,unless Leader pays Sarroiver iaterest on the Ftinds aad ap�li:�.,.bie law pernuts Lender to make such =�:____
<br /> a chaage.Hovrever,Lender may sequire Borrower to pay a one-time charge for as�indepeadent real estate taa reporting service �.--�
<br /> used Ery �.eader in w�ecpion �vith Qiis foan. untes�applicablc la�r pravidrs othertvise. IJnless an a„¢reemeni is made ar --- �4---
<br /> � app9itable la�v requires interest to 6e paid,Lender shall not be requir�d to pay Borrower any intet�est or earnings on the Funds. ��_
<br /> Borrawer aud Ixader may agree in wriang.hawever.that inierest shalt 6e paid on the Funds. Lxoder sfnll give to Borcowfr,
<br /> wishout charge. an annual aceonnting of the Funds,shmwing cre�ics and de6iu to tf�e Funcic and the purpose for which each
<br /> debit w th�Funds was made.The Funds an pledged as additEonal security for all sums�cured t�y tteis Sec�uity Insmtment.
<br /> Tf the Funds held by I.e�er exceed the amoa�rts pemutted to be heid by applirable taw.L.enrl�sl�aall ac�unc to�oFrower
<br /> � for the excess Fands in accordaccce with the reqairemeats of ap�lirable law. If tke amount of the Punds held by I.cader at any
<br /> time is aot sufficient to pay the Fscrow Items when due.Lender may so rtotify Borro�rer in writing.and.in such case Borrower
<br /> shall pay to Lender the ame¢nt necessary to make up tlfs deficiency. Borrower sl�all r��Ye up the defircency in no more thaa .. �.
<br /> twelve monihly payarenu.at I.ender's sole dissretinn. � % `�� �
<br /> Upon paym?�in full of all sums secured by this Securiry Ins�wnent. Len�er sAalf prompdy refund to�orrower any .����4• � `
<br /> Funds heid Lender.lf under par�raph 21.Lertder shall acquire or sell the Property.Lender.prior to the acquisiuon or sale �` t . t
<br /> of the Pnoperty.shalt apply sny Funds held by Lender at the time of acquisition or sa2e as a credit against the sums secu�d by �`:`���'�'�"� 4
<br /> thisSecvriiy Itiststunent. ��'�'�k��x;1' -"'.,�=`
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<br /> 3.Applicat�toa o�PAy�ents.Unless applicable law pmvedes othenvise,all payments received by Lender under gazagraphs ,• �.,:�-• ��.
<br /> !��i 2 shal!6e applied:firss.to arry prepayment sharges due under the Note;second.to s�mowus payable under paragta�h 2; '"��°� �� ��''��
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<br /> � third.to interest due:fourth.to principal due:and last,to any late chacges due under the Note. ,:��_';=._-r y� •:�
<br /> q.CSar�eS;Id�ts,Bomower sliaU pay a11 taxes,assessmenu,charges. fines and impositions aQaibutable to the Froperty '"� ' •- : ' ,
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<br /> w6icf�may attain prioriry over this Security lnswcnent: and le�.sehoL�payments or ground rents. if any. Eorrower shall pay ��.�'-�,����'
<br /> these o61i tions in the manner vided'in ara h 2,or if not aid in that manner.Horrower shall pay them on time direcdy `t ���'_"����•°
<br /> Sa P� P S�P P ¢:.�:��.._.
<br /> to the person owed�nayment.Borrower shall pmmptly fumish to L�nder all nntices af amounts to be paid under this paragraph. '°�< _�' � • '� ?"'�`
<br /> If Bomawer makes these payments directly.Bonov:;r shall prompdy fumi�:h to i.ender receipts e��idencing the paymenu. �• - � ' �
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<br /> Borrocver shall pmmptly discharge any lien which has prioriry over chis Security Instrument unless Borrower.(a)agrees in � • �• ,+..::_;�,,;
<br /> wriNng to the payment of the cbligation secured by the tien in a manner acceptable to i.Qnder;(b)cantests in gaod faith the lien . . ' ,
<br /> by,or defends against enfnrccnent of the lien in, legal proccedings which in the i.ender's opinion operate to prevent the ,;.�4 .. .
<br /> ee�forcement of the lien:or(�;�secures from the halder of the lien an agreement satisf�story to Lender subordinating the lien to , ,. :
<br /> this Security. [n�tsUment.If Lendet determines that any part of the Property is subject to a lien which may attain priority over . �
<br /> • . this Security In.?rrsment,l.ender may give Eflrrower a notice identifyin�.the lien. Borrower shall sarisfy the lien ar t:s�ce one or _ ', � ,. . .
<br /> � more of the actions set farth afrove within 10 days of the siving of notice. ' • • '
<br /> Form 3028 9l80 � .
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