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<br /> TO�ETHt'sR WITN al[ the improvcnxrrts n�w or hensifttr er�xtod on tt►e prepeny, �ixi ali ca�ements. appurteiuu�,tuxl
<br /> fixwres unw or• iicrcaf¢er a F�art oF the property. All rtplax:ementr. artd acidiuons �hull also 6e cu�ervcl by ehts SecuciEy
<br /> Instru►mnt. Afi af the f�rcgoing is refr.rrccl to in ihis Sec:urity Instrument�s li,C"Fropeny."
<br />- P.QRI?OWF4 CONPNANT�ih�t Rnrrmvrr jn I'!t•�f�ll�y f^?!^_tl of l!cP t'tr�t���rrrhy r��nvF-yrti �n!l hns d!e�f�•ht k►erN�tt Pt+t1 .
<br /> wm•ey the Pro�rty and ttu�t nc� property iy u�encumbered,except f��r eizcumbrancea af record. Barower warrants urrd will
<br /> Jefend generally the title to the Propeny against alf claims and dc�mands,subject Qo uny encumi�rances ot record. .
<br /> THI5 SLCU[tITY INS'Y'RUMF.NT combines uniforni covena�►is for nati.rnll u.se und nan-uniform covenants with liinitod
<br /> variations by jurisaictior�to canstitutc a uniform security instrunxnx cavcring rcai praptrty.
<br /> UNIFoRM COVENAI�TS. Elorrower a�id L.cixler covenant and agree as Tollows: _
<br />_ 1. P�ryment of Princi�l �nd Intertxl; Pre�ysne�t end [,a[� Ch!�rges. F3orrawcr ch�l1 pmmptly pay wheu due ttts __ _
<br /> principal af und interest on the debi evidenced by the Note arul any prepayment und late cFiarges due under the Note.
<br /> 2. C'unds for Taxes Qnd I�suraeue. Subject to applicable I,►w or ta n wrinen waive� by l.ender, Borrower shall pay to
<br /> Lender on thc day montl�ly paytnents arc duc under the Note,until the Natc is paid in full.a sum("Funds")for:(a)yearly taxes
<br /> and assessn�ents which may attain priority uver Uiis Security 1nsUtiment�s a licn on the Prop�rtv;(b)yearly leasehold payments
<br /> or ground rents on the Property, if Any;(c)yeatiy h:uard or property insurance premiums;(J)yearly ilood iresurance pren�iums,
<br /> if any; (c) ycarly nwrtgAgc insurance prcmiwns, if a►ey;arul(�uny sun:s payable by Burro�ver to Lender, in accordancc with
<br /> Qie pruvisi�,i�uf�a��ag�api►8,iu liru uf tl�c payment of mortgage insunnce premiums.Thesr items:ue cail�l"Eu:j'uw iteras."
<br /> L.ender ma�r,at any time,collect and hold Funds in an amou�it not to exceed the maximuin amount a lender for n fe{ierally
<br /> . relatcd mortgagc loan may requirc for Borrotver's escrow aecc�unt undcr die federal Rcal 6state Senlcmcnt Prcx�edures Act uf `
<br /> 197a as v�►zcndcd f'rom timc to time,�12 U.S.C. Scction 2G01 et seq. ("RESPA"),unless another !aw that applies ro thc Funcls �
<br /> sets a Icsser emount. If so, Lender may, �it any time, collect and hold �unds in an an�ount not to exceed the Iesser amount.
<br /> I.ender may estimate the amount of Funds duc on the basis of current data ar.d masonable estimatcs of cx�senditures of futu��
<br /> Escrow Iterns or othenvise in n:cordance with applicable I.ew.
<br /> TGe runus abali i.n:I�cld in au iu�tiiutiun wiw�e deposits ure i�uurut by u iederat ugcucy, ii�aiwu�eui:iiity, ui cniiiy -
<br /> (including l.ender. if Lc:nder is such an institution)or in any Federal Hume Loan Bank.Lender shall apply the Funds to pay the
<br /> Escrow Itenu.L.ender may not cha�ge Borro�ver for holding and applyiag thc Funds, annually analyzing th$escruw accctunt,or
<br /> vcrifying the Esirow[tems, unlc�s Lcndcr pays Borrower interest on the Funds and applicable law permits L,cnder to make suci�
<br /> 8 C�ini�C. t 3V�4YVT�i.w.i'.��i T"uj iC.yUiC4 L'vTivii%ci iu Nuy u��ic-iiuic��=iu�bc tu� u����i�cN��ii�cii iciu c�tatc tan�cE,CrTtiii�S.."TJt.:..
<br /> used by Lender in connection with this loan, unless applicable law nrovides otlzenvise. Unless an a�reen�nt is made or
<br /> applicuE!r !mv requires enterest to be paid, Lender shall not be requirecl to pay Dorru��•cr any interest or earnings on the Funds. -
<br /> 13orro�vcr and L.ender may a�ree in writing, however, that interest shall be paiJ un tlxe Funcls. Lender shal�give to Borrower, --
<br /> without charge. an annual accounting of tfie Funds, showing credits and debits to the Funds nnd the purpose far which each
<br /> debit to the Funds was made. The Funds are pleclged as additional security for uU sums seeured by rhis Security Instrument.
<br /> If the Funds hcld by Lender exceed the amounts permitted to be held by applicable law. L.ender shall acco!:rt to Borro�ver _
<br /> for the excess Funds in accardxnee with the requirements of applicable law. If the;u��ount of the Funds held by Lender at any --
<br /> time is not sufGcient to pay the Escro�v Items when due,Lender may so notifv Borrower in writing,and.in sucti�s�Borrower --•
<br /> shall pay to Lender the amount necessary to make up the deficiency. Borro�ver shall make up the deficiency in no more thari `-'
<br /> nvelve monthly payments,at Lender's sole discrctiun. r..
<br /> Upon payment in f'ull af all sums securcci by this Securi[y Instrumcnt. C.cnder shall prompdy refurtd to Bonower any `i
<br /> Funds held by L.ender. If,under paragr;,ph 21, Lender shall acquire or sell the PropeRy, l.ender,prior to the�cquisition or sale f �
<br /> of the Property, sh:►II upply a�iy Funds hcld by Lender at the time uf acyuisition ur�,:.le:u a creJit against the sums secur�d by P''
<br /> this Security Instrument. E=_
<br /> 3.A��plics�tlon of Payments.Unless applirablc law providcs othcr�vise,xll paymcnts reccivc�d by Lender under paragraphs i�
<br /> i and 2 shull ba applicJ: Grst,to any prepnymcnt chargcs duc under the Note: second,to amourts payablc under paragraph 2;
<br /> third,to intenst duc:fourth, to principal due:and las[, tu uny Istc chargcs duc wider the Note. :��
<br /> 4.Chmrges; Llens.Boarower shull pay all taxes, assessmems.charges, fines and impositions attributable to the Froperty =_
<br /> which may attain priority ovcr tbis Security Instrumcnt, and Icasehold payments or ground rents, if any. Borrowcr shall pay -
<br /> thcse obli�ations in the manncr pruvided in paragruph 2,or if not paid in that manner. Borrower sE�all pay them on time directly 'i
<br /> ro thc pc,rson owcd payment. Borrowcr shall promptly fumish to[.r.nd�r all notices of amounts to be paid undcr this paragraph.
<br /> If Sorrow�r make.r• the5e payrnents directly. Borrnwcr shall promptly furnish to L.ender receipts evidencing the payrocnts.
<br /> Borrowcr shall prompt[y discharge any licn which has priority over this Sccurit}� instrwnent unless Horrower:(a)ugrces in -
<br /> �vriting to thc paymcnt of ihe obligation securcd by thc lien in a msnner ucceptablc to Lender; (bl contests in good faith the licn
<br /> by, or Jefends against enforccment uf the licn in, Icgal procccdings �vhich in thc Lcndcr's upinioi� operatc ta prevcnt the -
<br /> enforcemer�t of the lien; or(c)secures f►•an the holder of the lien an agreenierd satisfactoi��to L.cr.dcr subordinating the lien to
<br /> this Security Instrtiment. if Lender detennines that any part of the Property is subject to a lien which may atuun priority over
<br /> this Sccurity Instrumcnt. Lendcr may givc Borcowcr a notirc identifying the licn. Borrowcr shall satisfy the lien or takc unc or -
<br /> more of tl�e actions set fonh above within l0 days of the giving of notice.
<br /> Form 3028 9l�0
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