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<br /> '�-�+�� � � 'i'OGETH�tI�YT,t3 ull the improv�maats no�v or tiereaftCt er�e�on ths pmpt�tyF,.anct a1� �a-�. ,aPpvrtes�:�ces.ur.d` .� � --
<br /> --ri�;� fixtures z4aw or•herea�ec a p�ct:of the property. Ali npl�cements �nd.tdditions shnll a2sa �c�rrer�ei dry this SecuFity � , ,----- _
<br /> --�:�'� , Irsuum.�ni.t�ll of th$fore,�oing is refe�e+d to in this S�urity InsttumeAt as t5o°Atuper�y° - � _
<br /> = ' B�RIt01tdEIi COVFIVAI�ITS ednt Bort�ver is IawfitlE}+seis�af th�.estatQ Rereby comreyec�ar.dtsss the rig�t�p�tr� _ , _
<br /> -- tt::1 ' c�►vey the Prope�iy aitd th3t the Prap��ny is unensa�mh�.nd.axoepi for e�?i�imbmnces of reeord:��wer wareanes�ad wiU ,
<br /> �z-_•� ` �defend genzrally t�e titl�to th�Proprsty a�gai�st ail cl�ims and d�maeds.subjix�to any encumbra.�ss csf record. �"���"` _
<br /> __=-== ' THIS SECUIt[F1t lNSTRUMENI'comt�ines uniform covenants for natiar�!use and non cr.����cn covenants�vith limeted . ��``..�- ---_�-F.�
<br /> �_ = .variatiuns by iurisdittion to constituEe a uniform secarity instmment covcr�ng ma�property- ���`"�' �-
<br /> �,..���.� -_
<br /> ; �=;_ fiNIFORMI COY�NAl�TB.Borrou•er and Lender coveaam,and agree as foltav��s:� �rr __
<br /> �= � ` 1. �ynarat af L�incipa!a�r�Inte�t; Prepa�meat aad Lat�e Cha�es. Barro�ver s�t p,�mP�Y DaY when due the � �_�;��r�''�'�-�__ _
<br /> �:. , ,prinapal of and inierest on the debt e�ider.ced by tiie Note aad aay prepgcy/nesit�and Inte charges d:_e tir.der the Note. , ` ��� ._
<br /> �;.d 2.Fu�eor Ta�e4 aa�in�n�+_ S�bsect tQ applicable!aw or.lma:written waiver BX�er,Borenwer shall pay w , ._ � z� � �°� �:
<br /> � : ,. - ..._- .: ._�-��st�Qs;uxtni�!j pR=3`�=nis 2r�rl�te lttLeg Ih?N�te_.,nntil th�Ne�ttt i's paid in fiatl.a.sum('Fuads")fo_r.(a)Year1Y tax�s �__ ��'�- : �'u..'�"� "`
<br /> � 'rk'4� and as�ments which rnay attain piiurity over this S�curiay Instmr�cenUas a•IIen on the Property:f�)Yeariy leaseho2d payments � '� '
<br />�-. ���
<br /> ., . _,,,,,,.. : or ground rents on the Property.if any:(c)YearlY tsazard or proparty�;,insumnce pmmiurus:(d)Yea.-tj itood insur�rcce premiums, �,���,�r�---
<br /> �•r�.� if any;Ye)YeartY mortgage insuiaase pr�miwns.if anY:and Et};a�5 sums payxbte by Bormwer to tender. in aocordanoe arith =<'�;�-_`� -
<br /> �'�Y-.z,�
<br /> ��r,`� �: � the provisions of paragragh S.in tieu of t6e payment oi m,ntgQ�o it�sarttnoe premiums. These ite�s are ral2ed "Fscrow Items." , �'r,G-�� -
<br /> �; Lendar may, at any time,wltec� and hold Funds in aa►.amauMinat�ta,exe�d the maumum ara�-.nt a leader for a federal�Y -1`��..�r�.�,'--_:.
<br /> �"�;'-� ' refated martgage toan may requi?r�for Eorrawei's escrosv.s�unt�undet.tha federal Real EstarP S�tement Proc�'.la.�AsE 4� i�K,��"��"._
<br /> '� � i974 as am�ded from 6me ta��;1�-�?.a>�:Seaion 26Ar'ea�se;�.,(�'RHSPA").unless auot�er taz�that agplies 2a 4��� , `�ar__
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<br /> .���,<�, �a.lesser amouat. If so.i.�:es z�.>> ..�c:�}-time,c�tccct aait't�nt�l�Bunds in an�nount n,at;tn r�xed the i��r�e�, _., � �' A •� _
<br /> �`;� .�•�aadiw.-,may esdmate ttre ar.�•?�,�.s C�.�.�..ts��.ott•tha b��'���ar�en,„�ata and reasor.�::,�e e�tt��f expendit�s of fut��,r� ;�'r��a� w-=
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<br /> �'f_=i� , , . ° ���`•1F¢���1':.qi: cc:�el:i£�eix�:.���ari.whose dppuslts a�s:iasa�ed by a fa�ieral agec��.insaumentality. or en�,� �. _-::1.,�r
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<br />- Y. -. ��uicFudisg�Lec��:i��.ender is such an'��`�,;:ion)or in any Fedeml�pinmo[:aan Bank. Lender s�l.a�ly the Funds to pay eP� , ...`��.�.�.,. „._
<br /> � Lt_Y . �._.:_.
<br /> ='`;-1.._..a� .'�� `� Escrow Itcros.i�:der may not char�e Bonai�ee for holdmg and appiying•tha Funds.azmually ar.al��ing the escrow accovnt,or '_ ,��*��°
<br /> '` verifying the Escrow items.unless Lender,pays Borrower imemst on tho Funds and applicable law permits Lender to make such �Y��Y ��-'----
<br /> •_�•�`� ' � a charge.However,L.ender may cequire Borrower tn pay a on�ti�m�chargo for an independent rea!estate tax reporting service + ``�•
<br /> �- untess a Iicable taw rovidcs otherwise. Un�ess an a reeme�et is made or � ��� � •, .'��' ,�
<br /> ;.'-��`i: . �used by Lertder in_connecuon with th�s loan, pp p 8 , .,; ,
<br />_ :.}ifi: .
<br /> - ; .•��� applicable Eaw requites interest to 6e paid.Lendershall not be required ta pay Borrower uny int�est ar eamings on the Funds. . - � �;: '
<br /> -,—�:-;� � Botrower and Lender may a�ree in�writing, hanever. that iaterest shall be Qaid on ihe Fua�is. [.ender shall�ive to Borrower. -
<br /> � withmut charge, an annual accounting of the Funds, shawing credits artd debits to the Funds ar.d the purpase for which each , ' •..-. . `�
<br /> - '�'r�� debit to the Funds was made.?he Funds are ptedged as additional security for aN sums secured by this Securiry Instrurnent. . � � - •
<br /> ' ..�z if the Funds hetd by l.ender exceed the amuunts pecmiaed to be held by applicable law.Le��ter shall account to Borrawer ; "�
<br /> s� � f�r the excess Funds in accordance with the rr,quirements of applicablo it►tiv. If the amount of tP_e FuMs hetd by Lender at any '" '�
<br /> `'� • _ time is not suf3icient to pay the Escrow Items when due.Lender may so notify�orrower in writing,and,in such case Borrower . �.�.'� �
<br />`'��`�"`'� �' ' shall pay ro Lender the amount necessary to make up the defciency. HoTrotiver shall make up the deficiency in no more than �` +•;=?',
<br />_.� .t � _.
<br /> _Y� .� twelve monthly payments.at Lender s sole discretion: : . ,� �
<br /> ' ��iJpon payment in full of all sums sec.vred by this Security Instrument, I.ender shal! prom�tly refund to Borrower any • �.�r�
<br />-y`'�� ' �' �'� Funds heid by Lender.If.under paragraph 21,l.ender shall acquires ar�seil the Property,I.ender.p�ior to the acquisition or sale "�•"L• �
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<br /> � of the Properry.shall apply any Funds held by Lender at the time of�acquisition or sale as a credit�;ainst the sums secvred 6y ' �
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<br />_::• +.�.,.,1"`�r this Security Instrument. . ,.,.,�'
<br /> '�� ;�+ 3.A lIca4�on of Pa ents.Unless a licable law rovides utherwise.all a ments receivvd b I.ender urtder ara hs .;;. ;�3+"''����-
<br /> � ' pp Y� PP P P Y Y P S�P ��• :'
<br /> :��,.�..,:�. 1 and 2 shall be lied:first,ta an a ment char es due under th�Note: second. to amoL�ts abte urtder ara h 2; :.�,,%,T�4'':�• �;,5�, �..
<br />:,,,,:,�.���.��. � Y PreP Y B PaY P 8�A ��.
<br /> �'-}Y;.:• ��� third.to intere�ci�i:�;f�urth,tp principa�due;and last,to any late chargsss due under the Note. "' ' , '• r; �"� ��
<br /> {,��,� 4.Ch�u�c'�,�env.Borrower shall p3y all ts�xes,acsessmerrts. chu�res,fines and impositiors attributable to the Prope�.� • ��r;'`C+`
<br /> :�z� w,'vch may auai:�priority over this Security �nstrument. and tea�ehold paymenu ar ground rer.ts,if any. Borrower shall gay •� piJ�;�fy l`� �.'
<br /> ' i vYl Y
<br />-- � _ dn:su obiigations in the manner provided in paragraph 2,or if not paid In.that manner.Borrowez shall pay them on time directiy � �".��;�y�'�;;,;.;'''
<br /> ?''� '-. eo the person oved payment. Borrower shall prompUy fumish�to I.endcr all notices of amounu t•o be paid under this paragrapb. ,f..,:.,;����,:_��
<br /> '�•'�`:�•�•�'� If Borrower m�ls�ysthese paymeats direct(y,Bflrrower sha11 promptiy fumish to Lender receipu e�id,��.�ing the payments. --:�"'�'s;;,`';'`_
<br /> - -;. .� -�i - ,� � : �..:;�saU'Ji::�:..
<br /> _' .,.� . Borrower s�.all prompdy discharge z:7y�iien which has priority a�•er thls Security Instrumer.t wsf�ss Bonower:(a)agrees i� ;_,,r������. .
<br /> _ .-�. .,;;,,' , ;;,;�,;,
<br />_:;:',4,�; , ,, wrihn�[o the payment of the obligation secured by the lien in a manner usceptnble to Lender:lb)u.�7tesu in good faith the licn .
<br /> ��.:..!��:':;;�'-; by, or defends against enfo*cement of the lien in, legal proceedirigs which in the Lender's ag:^,io»operate to prevent the t#::�.. , �
<br />�:��:�'"::•.•r: enforcement of the lien:or(c)secures from the holder of the lien an agrcement satisfactory to l.er!ter subordinating the lien to '' � , .
<br /> �` �'';w4�� thls Security Ir,���s�ment. If Lender determines that any pan of the Property is subject to a liec wf�Wi�rr�y attain priority ovcr � � . �
<br /> >�Y�k"`,'��. this Security Instsumen�Lertder may give Bonower a notice identifyin�the lien.Borrower shatf s�ti��ty the lien or take one or • : •
<br /> ==:�="#� ` ��:'e of the actions srt forth above within 10 days of th�giving of notice. ' _ • �
<br /> ;j-�^�'���` ' ' Form 3028 8/90 � � �•
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