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<br /> - ��"" 1`AC�FsTf�FR W1T�I all tho imxix�vunu�ts now an c�t�nRer crix;tui an tno � s11 ��U �.�����:� � � ^--j
<br /> �i�Y. w►a E�YCr;�1;i�ui�i�NSri�+wim��;.0
<br /> ----- frxfia�.t now or here�tlu a pnrt of U�io psoperty.All nplactmaits mkl additions aha]!�be cavercd bp this Soc�uily Inshurncnt ----
<br />_,.�,:�v��:%�':�.� Alt of ch�forego3nR is referced to in th�s�ccur.ty Lvtcume��t ag the"Pruperry." ,.��"�_+..�_-__
<br />-- — �;- BARYdOWER CUVLNANTS lba!aorsowa is lawfully seiscxl af tho e�tate hereby conveyod an0 h�nv thG right tn grant�nQ =-"""=�
<br /> F� =�� , convey the PYaprrty ar�d thai�he Prap�rty ia unen�umberod,raccq�t for enciam�ranees of rococ�d. Borrower warra��ts and wiU `�-_
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<br /> �...-.:�T�,x�.:�::' de,fend gd�an}ly th�dtk eo the Propercy�gain�t all cleims and dtm�tds�sabJoct w any encumbxanr,es of rccorc�. �_-_ .
<br />-`:��'�iK�.�: TH1S SECiJRTi'Y IIdSTItUMEiP1'x cam6ines w�iform covenu�ts for na3ional usc and non•w►ifoci�i cove��t� rvi�i lini�;ai _--
<br /> °w �, �" variatkxis by jurlsdlcdon to consdUata a unifoan securIty instnimtnt covcrtng aeal property. �, ._
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<br /> ._�;;;:.;�:�,.._*. UMF��1t.�UI�4VSNAN'Y'S.BQCroe�erandLuadercovenantandegree�sfaAowe: ,�:_ _.
<br />`� " ���w;�� 1:Payment ot 1'riu�fpA1 and Interest;AstpAy�ent�nd L�4a C6arges. norrowcr shall prompdy pay whc,y d�ae thc ;-=�_-
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<br /> --1„�;�,�:s�;���. principal c►f ansl intecest on the�iebt avidenc�ed by tho Note and eny prepaymeaii and late charges�lue under the Note. .,.,.�_
<br /> _ -`""'"r=��3 2.F�ands for'ICaxes s�nd 1[nsurance. Subject to applicable law ar W a w�iucn waiver by I.ender,Bomnac� s1�al! pAy to . .
<br />__."�.;�:'�."'-Y��,.:' I�c�ntirr an tha day tnomthl9 PaYmeuts nrc due under the N�te�until the Nota is paid in full,a sum("Fundv")for.(ay yearly taxea �__
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<br /> - r+ ,{ tind essessments which m3y eusin riori over this Sectuity InStrument as a flen an the Property;(b)ye�rly leaschold guyments �
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<br /> :����'��r�_'� or gtound rents on the P'ropertry.if any;(aj yearly hazerd or pm�ezty insurance pnefniums;(d)yeaaly fload ins�ranoe ptemiums,if �;�___
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<br /> °-- �... . any�(e)Yearly n�artgege insu[�ancu Pzemiums.if any;and(fy any suns P�yab2e Uy Barrowex to L.endea.in ac�orc4�nce wlth th� [�'�:.:�
<br /> ...�;:".�`�;?;, +F: Provisions of parap,ra�t� 8.in Ileu of the p�yme.nt of martgage Insu��nco piemiiuns.These items ere called "Ascsn�v Itcros:' � "'
<br /> � Lend�,r may,ai any dme,callett t3nd hold Fun�s un an amount nut to oxceed�he maximura�amount a lc,ncl�r for a fed�rnlly related
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<br /> .-. � �'"<,:;� mc�rrgage laan may requlro€or Borsower's escmw aocount undes tho federal Real I3stste Settlement Pibcedurts Ac2 of 1974 as � •
<br />;. :1�.. ���,�,�,-., amendal from dmo W dme.1 2 U.S.C.Sec don?.6 0 1 et se�. ("R'L�S P A").u n less ano i h e r l a w t h a t a p p ll e s t o t h e F u n d s s G t s u l e s s e r i.,�_�•
<br /> . -•w Euraoum. If sa.Lender may.ut any time,collect�uid hold Funds in an amount not to eacc;etl the lesser amount Lcnder ntay
<br /> � : ��, estimate tde amount uf Funds due on tho basis oF cument dera and reaso�a�ble esrirnates of o�nditiurs of future Bscraai lecros or
<br /> '--- ,..: ;�_ otheswisc in$ccorl�.'ufce wid�a�plicable law.
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<br /> � � _� The bliads shnll�c hcld In an utstituHon whose deposits are insumd by a fe4eral agency,insuumcnmtity.or enuty(incluAing j
<br /> "' ' Y,e�nder,if Lendcr is svch en institudon)or in any Fe�ernl Home Los�e�Bunlc.Lender shall apply the Funds to pay the Bscrow „
<br /> • - � . Items.I.ender may aot charge Bormwer fur holding end applying the Funds.aru►uaUy naalyzing the oscrow account,ar verifying ,
<br /> , . i. tha Bscrow Items,unless I.ender pays Borrowcr interest on the fiinds and appllcab2e lan►germics L.ender oo malce sueli a eUarge.
<br /> �iowever,Leader rnay requir$Bormwer w pa�z one-dme chargo f�r an independent rea!estutc�tex��;�ordng servico u,rd by
<br /> "' • � I.ender in caz�nection with this loan,unless appllcabie law provid„s otherwise.Unless an agreement is madn ar uppucabla Tiaw
<br /> � r�quirc�inte,rest to be paid,Lendex shall not'trc requi�d to pay gorrower any interest or earnings on the Fuads.Borrower aad -
<br /> . �.. . � �.�^� � - i.endtr may agree in wrldng,however,that interest ahaU iw paid on the Funds.I.ender shsill glva to Bucmwe�r,without charge.an ' ��.W
<br /> • � � '�` " ennual aecoun�ng oi ths Funds,showing crec�3ts and debits W the Funds aztd ihe purpose foe which e�cS�debit to the Funds was
<br /> " ., � � '' "' ' made.'If.;o Funds are�lodgetl as stddidonal seci�riry fur all sums s�cured by ti�is Security InsnumenG
<br /> � � If the Funds hald hy I.ender eacceed the amounts pemiitt�d to be lield by apptic�le law,Lender shall account to Bocmwer for
<br /> _ ,�°;� , the c�ce�Flmds in accordance wi�h the requirement�of applieablo law.If die atnount of the Fundv held by I.ender at any dme is
<br /> ., •-•��_� not s:�#�dent to pAy�h�Fs�cmw Items when due,I.ender may so notify Borrower in wridng,and,in such case Bormwer shall puy
<br /> " � to Lender the�ount a+ecr,ss�ry to mnlce up the deficiency. Horcower shall make up the deficiency in no more than avelve
<br />. •,�"_.. ".Y""`.." monthly pay�nents.at Lende�'s sole discredo�s. �
<br /> `...:�"`'"c, `� Uppn paymeut in lfull of all sums sc�curctl by this SecurIty Insttument,Lender shall pmmptly refund t�Borrowet any Funds
<br /> � '''��`r� he3d by Lender.ff.under paragrn�h 21.Lender shall acquire or sell the Property.Lendea.paor to the ncquisition or sale of the
<br /> _: ., ::�,';.'. Pnoperiy. shall ag�ly eny Funds Y�eld by Irnder at the dme of ac�uisidon or st�le a9 a credit against the smns sec�rted by thLs � �
<br /> . ..� Security Instrumca�
<br /> 3.ApQ13c�Hon of Peymcnta. Unless oynplicable Iaw pmv[des othe,nvise,all payments recei�ed by ILender under paragraphs
<br /> :;�•.� �•' `��- 1 and 2 shall bc eppliod:first,Go any prepayment charges duo under the Nota;second,w e�mount�payable under paiegrapt�2;
<br /> � ' ' . thud,W interest due;fourth,to prancipnl due;and last,w any late 6karges due und�er the Noto. •
<br />' . � . 4.Gl�rges;E.Ecns. Borrnwer shall pay all taxe.s,assessments.chargcs.fin�es and imposidons amributable to the I�coperty
<br /> . • "' which may auain�rlority over this Security Insirument,and leasehold paymentv or ground ren�q,if any.Borrower shall pay�tiese ,,:.
<br /> �_� obligadons in thc.rnanner p�uvided in paragraph 2.or if not paid in that manncr,Boirower shall pay thcm on time directly to the
<br /> � pe�a owcd payment Borrower shtilt gmmptly Cumish to I.ectder aU notices of umounss to be paic� under d�is paragraph. If
<br /> � _ H�naaer makes these payments direcdy.Bomawer shall promptly fumish w Lender receipis evidencmg uz�payments. (
<br /> . Bomn►ver shall prompdy disehatP�any�icn which has pdority over this Security Insuument unless Bonowcr: (a)agcers in [ :
<br />� ' wrodng to the gayane��e oF the obiigatian sec�ucd by thc lien in a manner uoceptable to Lender.(b)contests in good ff�ith the lien !
<br /> . , by,or dcfcnds �g�inst enforccment of the Il:� in, legal yro�eedings ��hich in tho I�nder's opiuinn ogetate to prevent the
<br /> - enfoir,carent of the flen;or(c:)secures from the holder nf Wo Iten an a,grcement saiisfactory to I.endcr subordinating thc licn to
<br /> • tiacs Sccdariry InstnunenG If Lender de.ermines tl�at uny part of the ProFerty is sub,�ect to a llen which may attnin prioriry ovea Uds
<br /> �� Serueiry Instmment,Lcnder may gtve Borrawer u notice identifying the lIen.Borrowca sg+ttll sadsfy the lien or take ane or moxe '
<br /> • � oF thc nctions su forth abova r�ithin 10 d�ys af the giving of nodcc.
<br />- Fo�m 3028 9/e0 I___
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