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<br /> �="''a� 'f'fl4ikia�I�Ii�i�VI�I�I 6I�IIIC Illl)liilVC9tli.L15 f[!iW Ui GCSCJfiC'I c:i�ctr.;l ru ti�c��ral�c�iy, mt�ti;di c..•�c��r•r�ts. .���pi��l�n.��;: �. :ijiri' ' ,----_-
<br /> -� fixturc� n++�v ��r lrcr�:�ftcr a g:+it ��f sltc p�-nperty. All r�:plttcrr.tirntti +irKl sKitiiti�fn� styall als�► tsc c��verc�3 {yy this tirct�riiy
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<br /> - _ , t::::....:.__nt. ..t!s�:t!!_!'�.�r::;;��_n,;?�s••{rM'F:, tev I�t l�li,�� 1'�'1!.!FV X4?Yli7llil��ii1;�•:If�„"1'rapeity." --
<br /> �i()R[tt]Wiiit CUVL7NA,N'�'S lhai 13orrc�wcr is tuwtully s�:isc�i nf tli��aietc It�rchy cmivcye�t ur�l i�av th� r{.yht to�xanC a�id
<br /> � cnnvcy �hc Prn��arty atx! Iliat thc i'r,���rt}; is unciuumlxra.l. cxrcpe (iir c�u:�uibr�sns�;.r• nf�curd. 13urr+.►a�cr war�•�mts tux! wIQ -
<br /> _ i1rS�ttd�e��cralty tl��dlle to U�e.1,'��o(x:�1y.1�;:11�i5I UII CIA!IliS and dematitcls.�,uhjcct t�i any cncm►d>raner�uf c�orci. _
<br /> 'CHIS�t?CUFtI'fl'INS'CRUMG�N7'rombincs uaifrnm cnvcnznts far nutitir�a! usc ::nd non•unifnrm cuti�cnauty wiih li.ttitaf
<br /> v�riations by jurisdiction lo comtit«tc n u��if��•m sccur3ty instruaYicnt covc�i��g r�.�l�iro�x:rly.
<br /> - -'� i11VlFO12I4f CUV➢?iVAN1'S.�lorrowt�r r�nd I.endcr wvenlut utid.►grcc uy fu11��w�;:
<br /> l. P��i�ier�¢ of I'ei►xl�x+! a�id Inferest; Picy.�yini.:il ARV I.II�C CMBY'RC!7. ta�r�-ow�r ti���n �����,r�ty p�y whcn dae thr, �
<br /> - principal of ancl intcrost on�hc dcbt c•rid�nced by thc Nutc and uny pi��ayntcnt nud tatu ch•rrgcs duc uncicr�I�s!Votc.
<br /> -- -- 2.kti�ndg[ar Taxcv uiid Jas��•Ance.Subjcct ta applicaUlc la�v or to a�w•iucn waivcr by l.�n:lcr, Rareawcr slial!p�y to �
<br /> --� LcnJcr an tlic day monthLy paymcnts urc due under tfie iYotc,until ihc Note is��aid In full,a sum("Furo:ls")i'ur:(;�)ycarly taxcs
<br /> and asscssmcn:s which may attain priority ovtr this Sccurity Instrument as.i llen on tlic hroperty;(5)yeady leascl�old�ayments
<br /> or ground rents un tho Property,if any;{c)ycarly hazard ar propcaty insumncc premiums;(d)ye.lrly flnod insurans.r premieims,
<br /> - -- - if sn ; (e)yaui mon a e insumnrc rcmiu�us, if ui�-;i��td;fl�7 snm;�sa a�fe b� E�rru::�er to Len�!ct, !!1 @CCO��IC@ �N!(It
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<br /> thr:provisions of par�graph S,in lieu of the �ayment of mnrt�age insurnncc pren�iums,Thcsc items ure wllcd"EscmW+(tcros."
<br /> ,,, .__,_ - L.�nder may. �t any timc, ccallect ^nd hald Funds in an amount not t� axcecd the maximum nrnount a lender Sor a federaliy __
<br /> --__= related mortpage loan qu►y require fur Borrower's cscrow nccaunt uudcr thc federal F.Zeal Estntc Settlerncnt Prorcciums Act of
<br /> _ _-_ 2n%4:�s amer.,f��!! from tim�to tirie. !2 U.S.0 Scr�ion ?f(11 �r s�q. ("ILESP.A"�. unless unolh2r la�v that appltes to thc Funds
<br />-°�-_�---�-_� .sets n Iesser nmowit, lf so, Lender may.at any time, collcct and hold Funds in an lmount not to excecd the lessLr amount. `""'
<br /> _ _ __ H,cndcr may estimstc th�umount of Funrls duc on the basis uf current data and reasanablc estimates uf expenditures af futurc
<br /> __ _ _- Escrow Items ar othenvise in nccordnnce�vtth applicable law. _
<br /> ---- - Tlie Funds shall be held in an institution whosc deposits are insured by a federal agency, instnimentalisy, or entity
<br /> __ _ __' (including Lcndcr,if lf..cndcr is such an institution)or in any Federal Homs;Loan Bank.Lendcr shall ap�ly the Funds t�p:ry the
<br /> -_ __ �scrow items. Lender may not charge Borrower for holding and ttpplying thc Fwids,unnually cmolyzing thc escrow account,or =
<br /> -=— _ �. .,..._......_ � im h��Igw rv�rmitc 1 r.ruler tn rrmlcc�tach ----
<br /> — v�r::�i��Y ii�r.i:u:ruw�icttu.utitc55 Lcit�ci i�ui�s uw�v.r�i:i�iCawi on the Fusr�..sss�sfiFl._s_!_
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<br /> "_'"-�� a charge. Ho►vever,I.ender may require Borro�ver to pay a one•tinie charge for an independent rcal estate tax re�onins servic� -
<br /> _���� usecl by I..ender in �onncction wiQ� this loan, unless applicable law provides othenvise. Unless an agreement is made or ..-.
<br /> __ _�_ epplicable la�v reqt►ires intcrest tn be paid,[.endcr shall not be rcquired to pay Borrowcr any intemst or eamings cm the Funds. _
<br />��� ��w Borrower and Lender may u�nee in writing. however, that interest shall be paid on the Funds. l.e.nder shnll give to Barrower.
<br />-"'=_'°_'='-� �vithout charge, 1n:�nnual nccountin�r of the Funds, showing creclits and debits to the Funds and the purpase for which c:icl� ����
<br /> � d�bit to thc Funds�vas�nade. The Funds are pledged as additional security for all tums secured by this Securiay Instcument. <<�L,
<br /> -_����' If the Funds held by Lender exceed the�unounts permitted to be held by applicabte law, Lcnder stn�ll,lccount to Borrowcr �-,._,.
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<br /> 4j for the excc:ss Funds in accordance with th�: requirements of appiicable law. lf the amount of the Funds held by I.ender at any �___.
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<br />,__.,��;��s ' time is not sufficient to pay the Escrow items�vhen due,L.ender may so notify Bonower in writin�.und,in such case Borrower ,
<br />__���.:,��r�. :�nall pay to Lender the amount ner,ess�uy to make up the deficiency. Borrower shall make up the deficiency in no more than
<br /> -..� twelve monthly payments,�t l.ender's sole uiscretion. --
<br />-_---=�n� Upon p�yment in full df all sums secureci by this Securiry Instrumcnt, [.ender shall promptly refund to Borrower any •
<br /> -=v- -- •-- runds held by.�.er.der.If,undcr p.v�agrA�h 21.Lender sliall acquire or sell the Property, Lcndcr,prior to the acquisition ox saIe =__
<br /> °-� .--- oP the Propcity,shall apply any Funds hcld by I.endcr at thc time of acquisition or salc as a credit against the sums secured by '_
<br /> --�-��- ch3s Security Instrument.
<br />-=y�::=�i� 3.Appltentfon of Payments.Ctnless applicabte�a�v provides othenvisc,all payments receivai by Lcndcr under parageaphs
<br /> __����� 1 unJ 2 sl�all�e applied: 6rst, to any prepayment chargcs duc under the Note: sernnd,to nmounts payablc under paragraph?_; ,
<br /> -__ _ third,ta interest due; fourth, to principal due;nnd last,to any late charges due under the Note. �
<br /> -.- ___. — 4.Char(;es; Ltens. Bonower shall pay all ta�ces,assessments,charges, fines and impositions attributable to the Property .,
<br /> �=��Y� �vhich may �tU�in priority o�•er this Security Instrum�.nt, and Ieasehold payments or �round rents, if any. Borrower shall pliy
<br />-_,-�;•=�;� these obli�ations in thc manner provida!in paragraph 2,or if not paid in.thut manner, Borrower shall pay them on time direcNy
<br /> -_��.� to the persnn nwcd paymcnt. Borrowcr shali promptly furnish to l.ender all notices of nmounts to bc paid under this paragsaph.
<br /> -._.--_° If Borrower mnkes these payrnents directly. �orro�ver shall prompety�urnish to Lender receipts evidencing the payments.
<br /> -=-_-�.=� Borro�vcr shall promptly dischargc any licn which has priorit}•over this Securiry Instrument unless Borro�ver:(a)agrcies in
<br /> _`w'"-`�:='-'� writin�to the paymcnt of the obligation secured by the lien in a manner acceptablc to Lender;(b)cuntests in�ooci faith the lien
<br /> °�r°�°='-9'� by, or defends asainst enfor�ement of the lien in, �le;;+l proccedings �vhich in the Lender's opinion opetate to prcvcnt the
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<br />��Lr��j�s� enforcement of the licn;or(c)sccures from thc holdcr of the licn an agrcement satisfactory to Lendcr subordinating thc lien to °
<br /> -_�-•-'�,}r��--_ this Security Instmment. If Le:nder dctermines that:uiy pan of thc Property is subject to a lien ti�•hich may nttain prioriry over
<br />____:.:,�:�_wy;Kr� ..
<br /> -_---�„��; this Securiry Insttument, Lcndcr may givc E3orcower a notice idr,ntifying the lien. Borrowcr shall satistiy the lien or take one or
<br />�_.�•.',`;.�" rnore of the actions set forth above within 10 days of the giving of notice.
<br /> • Form 3028 9f90
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