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<br /> � �'I'0C;�7'H�R W11'N al!tt►e improvr.nxutx rxnv ar hereafk:r er¢ctmd on thc pro}xri�+,unci at(���tR,� s�w�d. „
<br /> fixtu�v naw or h�reafter w p�rt of th� prnpe�ty. All replscements nrxl adcllt�ons shalb ulu� be cove� bx this Secu+ity
<br /> I��strunknt.All oi�hc faregoing is referrc�d to in�hi�Srcurity Inst�ument nc the "Property."
<br /> l3(3RROWF?R COV[?NANTS thet�irmwer is IawFully seised oF thc estr.te f�ereby mnve�•ed snci hss tt�e riRht to grnnt tu�ct
<br /> convey the Paoperty und thxt the Prapecty is uixncumberail, except for encumbranccs of nxoni. bkfrruwer w�r�u;�ts•r;:� c�{!t
<br /> c�efer�d generelly the titlo to the�'xoperty�gainst s11 claims and dcmnncis,r;ubject to any tncur�nbranoes of rocord. _
<br /> 'l'HIS SFCURITY INST�tUME1VT combin�e�� umForm toucnants fcn•nat;ona! use uncl non-unifarm covPnants with limitaJ
<br /> V8I'1811O11S Lly jq�lfdictian to canstitute a u7itumi secutitv instrwnent cavecing real properiy.
<br /> [1NIFORM COVBNANTS. Borrowcr and I.endet covenant a�d a�ree as follows:
<br /> i. PRymcnt a[Prtn�IpWl and Interest; Prepayrttent end Late Chargrs. }iorrower shall promptly pay when due the
<br /> principal of and interest on the debt evidsnced by ti?e Nate nnd nny prepayment and iate charges due uncicr Uic Nute. , -
<br /> 2. �nds�or Twxrs�ertd Insurance.SubJect to applicabte law or to a written waiver by Lcnder, Bc►rmwer shall pay to
<br /> Lcndcr on the cluy manthly payrnents are duc undcr tlsc Note,until the Note is paid in full, a sum("Funds") for: (a)yearly taxes
<br /> mid nsses,smcnts which may attuin priority over this Security Instrument ns a lien un thc Property;(b)yearly lc��:�ehold payments•
<br /> or�round rents dn the Praptrty, If any;�c)ycarly hozard or propeny insuranco Fremiums; (d)yearly flood inaurance premiams,
<br /> if any; (c}yeaely mortgass insurance premiums, if any; und(�any sums payable by liorrower to i.ender, in accordance with .
<br /> ths pmvi�i�ns of'paragmph 8, in lieu of thc payment of ntortgage insurance premiums.These�tenu are calied "Escrow Items."
<br /> d.cnder rnay,at uny time. collect and hold Funds in un amount not to exeeed the maximum amo��nt a Iendec�for a feclerally
<br /> rel�t�: n:�:°.e3yB IC»n ms�re�eirs fer Efl:ro:=.,er's �c:J^'2L':O:!!1°!!nrle•tihc�frrlPml R�^1 Estate Scttl�mrnt Precrxlnres Act nf --
<br /> 2574�:.m�r.d�!frem t?me to t!!ne, !� I i.C.['.Se.ccim� 2b(11 �t seq. ("RESPA"1. unless another law tt►at anplics t�thc rut�ds
<br /> sets u lesser amount. if so. L.ender may, at any time, collect und hold Fun�s yn an amount s�ot to excecd the lesser amouat. �
<br /> Lendcr muy estimate thc:unount of Funds due on the bs�sis uf current data and reasonablc estim�tes of expenditures of future
<br /> �scrow Itcros or otherwise in accordance with applicable Iaw.
<br /> The �runds shall be hcld in an institution whose deposits ure insured by n federal agency, instrumentalitu. irr cntity
<br /> (including I.ender,if I.ender is such an institution)or in any Federal Home i..oan 8ank.l.ender shall tspply:he Funds to pay the
<br /> Esctow Items. LcndGr may not charge 9orrower Cor holding and applyin�the Funds,annually analyzin�the escrow accuunt,or
<br /> verifying thc Escrow Items,unless Lender pays Borro�ver interest an the Funds and applicable law pennits Lender to make sucii
<br /> a chnr�e. However, I..ender may require �orrawer to pay a one-time charge for an independent real estate tax reporting service
<br /> used by Lcnder in connection with this loan, unless applicable !aw provides othenvise. Unless an agreement is made or
<br /> applicable law requires interest to be paid,Lcndcr shall not be required to pay Borrower any interest or earnings on the Funds.
<br /> Borrower und Lender may agree in writing, however, that interest shaU be Qaid on the Funds. I.endcr shall give to Bonowcr,
<br /> without charge, an annuul accounting of the Funds, sbowing credits and debits to the Funda und the purpose for which each
<br /> debit to thc Funds was made.Thc Funds are pledged as additional security far all sums secured by this Security Instnimej�t.
<br /> If the Punds held by L.ender exceed the amounts pertnitted to be held by applicablc law, Lendcr shall aceount to Borrower -
<br /> for the excess Funds in accordance with the requirements of applicable taw. if the nmount af the Funds held by Lender at uny
<br /> time is not sufficient ro pay the Escrow Items when due.Lender may so notifjr Barrower in writing,and, in such ca,e Honower
<br /> shali pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more thnn
<br /> twelve monthly payments,at I..ender's sale discrction. —
<br /> Upon payment in full of all sums secured by this Security Instrument, Lender shall pramptly refund ta Bonower any -
<br /> Funds held by Lender.[f, under paragr�ph 21,Lender shall acquire or sell the Propeny,L.ender,prior to thc acquisition or salc -
<br /> of the Propeny, shall apply any Fu�1ds hcld by L.ender at the time of acquisition or sale as a credit a�ainst the sums secured by p_
<br /> this Securi¢y Instrument.
<br /> 3.Application of Payments.Unless applic:sble law provides otlierwise.all payments received by[.ender under paragraphs _-
<br /> 1 and 2 shall be;�ppliad: first,to any prepayment chargcs due under the Note: second,to nmounts payable under pura�raph 2;
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