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<br /> TOOETHER VtnTH all tha imprnvernente now on c�nafter erected oa the pro , eud ell easrmeate, _-
<br /> � eppurtenuiccs,aad ilxtures now or hereatter a part af the psoperty.AA replacamoate ead ad daas shal! alsa be covercd _
<br /> by thie Sxurlty Instrumen�.AII oi the foregoing�a reYerred to�n thie SecurIty Instnameat ns the"Prnperty.' -
<br /> BORRO�VBR COVENAN'IS that Borrarer ls lawfully sotsed of the estate hereby conveyed a�d hae ttfe rlght to
<br /> grant nnd coavey the Property nad thet the Pmparty�s uaencumbend�except for encumbnaces oi record. Bonoaer
<br /> �rnrraato nad srtll defend g�aernlly tha tttte to the Propzrty ogainat all claims nnd demer�cl�.sr.ibjeat to enY er►cumbnnces �
<br /> of record
<br /> THIS 3BCURITY IISSTRUIV€ENT combiaea uaiiorm oovan�nts for nationel vse aad aon-wiiiona coves�tate wIth
<br /> Ilrn�ted vadadons by jurIsdtottoa to constituto�unitorm aecrorlty instrumes►t covering real psopertq.
<br /> LtNIFORM COVBNANTS.Borrower aad Ieender cavenant aad agree as follow�
<br /> 1.Paymeat of Prineipal and Interent; Prep�ymeat�nd Late Ch�rjes.Borrowar eha11 promptlq pay ahen due _
<br /> the prIacipsl oi and interest oa the debt evtdeisoed by the Nota and any pnpayrnent end lste ehtrges due�mder the Note.
<br /> 2. Funds ior Taxes aad Inauraaco.Subject to applicable law or to a wrltteu waivcr by I.eader, Bomower ehsll -
<br /> �s�to Lendar on the day montihlypaymente are d��e under the Note.nntil t�e Note is paid ia full.a sum ('Funds")tor.
<br /> yearly t�es nnd as�ssmeats whieh may attain prIorIty ovet thie Seour�ty It�strument es a lien on the Propert9;(b)
<br /> yearly leaer�old paymonts or grauad rents on tho 1'roperty,ii any:�o) Yearly haurd or property iasun+ace pnmium�
<br /> (d)yearly tlaod insuranoe premiuma�It eay;(e�yearly mort�ego insurance ptemiume,ii aay;and(t�aay sume paYable
<br /> by Horro�er to Lender.in nccordaace wlth the pravisIons of paregraph 8,in lieu oi the payn►oat oi mortgage iasw�un�e
<br /> premiume.These iteme are called"�?scrow Iteine."Lender may,at any dme.coileat aad hold Futtda In aa amount aot
<br /> to e:oeed the tnaximum amouttt a lender icsr a tederaily relatod�ortg�ge loen may rsguire for Bornower'a axc�w --
<br /> aconuat under the federal Real E�tate Sattlernent Procedures Act oi 1974 as amendod iroai ti�ne to time� 12 U.S.G.
<br /> Sxtlon 26Q1 et saqr.I"RESPA")�unless eaother law thnt applies to the Fuads exte a lesser aenoun�If�o.Leader msy. -
<br /> at aqy tlme.coflect aad hold Fuads ia aa ernouat aot to oxaed the lesset amoun�Lender msy esttmnte iha emouat�f
<br /> Fuade due oa the basis pf cun+ent data�nd reasoaable esdmatss of eypertdituns of future Esotosv Itemo or otherwiee ia
<br /> accordanoe aith applicnble law. -
<br /> The Fur�ds ehall be held ia aa institutIoa whose depostts ere iasured by a federal aganay�ie�mumesatsltty.or entity
<br /> (iacluding Leuder.if Loadar is such ea insdtution)or in any Federal Home Loaa Sank.Lender eheU apFrl3r the Fuada to
<br /> pegr the E�crow Iteme.I.ender inay aot charge Borroaar for holding aad applying the Fuads� aanually analyzsng the
<br /> escrow aocaua�or verifying the F�craw Iteme,ur�less Lender paya Borrowar intarest on the Funds and app1�ceble law
<br /> pertefits Leitder w meke such a chargo. HoWever, Leader may roquire Bortower to pay a ane-ttme charge for aa
<br /> iadapendont teal estate tna reporting aervice usad by L.ender ia conaectioa wIth this lwiu,uuless spplicable law pmvtdea
<br /> o#terwioo.�Jnle�an egroomen's te msdo or sp�2icabto te�t �uIra i�ui+e�-cst to L3 gald�I�'s�l!s�t be s�qtzissd Lt� .
<br /> pay Bonowar any int�+est or earainge on the Funds.Borrowar and Lender may agt+ee ia wdtiag,however,that�atenst
<br /> ehall be piid oa the Fuads.Leader ehall glve to Bomowar.aithout charge,an annual aocouadng o!the Fuads,ehoxlag
<br /> credits and debits to the Fuads and the putpose[or arhich each debit to the Funda was rsiade.'I'he Funds are pledged as
<br /> additioaal securlty for alt sums eecured by thie Sc�urity Iaawment.
<br /> If the Fuads held by Laader eYCad the sntounts permttted to bs held by npplicable taw,Londa mlaeU a000unt to
<br /> Boreewer for tha exoesa Funde�n accordaace With the roquirements of applicable law.Ii the uaouat of'�C'he l�uads t►�ld
<br /> by Leadet at any ti me ie aot euffIclent to pny the Bscmw Iteme whaa due� Leader:n�y so notify Borr+�war�n wrlttng,
<br /> aad�in such case Bqrrower ehall pay to Lander the amouat ae�sary to anake up the deftcteaoy.Borrower stull malce
<br /> up the def�ciency In ao more than twelve moathly peymaats,at Lender's eolo d�ectetion.
<br /> Upon psymant ia fnll oi eil sums secured by tbis&eurity Iustrurnaat.Leader ahell promptly reiund w Borro+ver
<br /> aqy Funda beld by Lender. If, uader paragraph 21. Lec►der eball•aoquiro or sell the Pt+operty.Laader.prior te the
<br /> aoquisltioa or ealo oi tho Property,ehell npply any Funds held bq L.ender nt the ti�e of acquisItton or e�le es a cralit
<br /> agaivst tho sums eocured by thie Security Iastrumen�.
<br /> 3. Applicatioa of Payments. Unles,s npplicable law provides otherwFse.eil payanen¢�recelvod b3►Lcnde�'m►der
<br /> pnrag�aphs 1 aad 2 shnit be eppltcd: firat,w any pre�nymaat chnrgea due uuder the No'te;�eooad,w amouats pa9eble
<br /> uqder pengraph 2;third,to interest due;�fourt�,to pnncipal due;aad lest,to any 3ete chstgasdue under the Nota
<br /> � 4. Chsrjes; Liena �on»wer shall pey etl teies.ess�ments.chargea�iiaes aad lmpoettions attrimutable to the
<br /> �a+apertq which may attaia priority over this Security Instrument,ead leasehold paymeata os•grourn�[ante, it eny.
<br /> Borrower shaU pay these obligatloAS in ttta srianaer provIdal ia partgnph 2,or it not pnid in thet ma�►er. Bonower
<br /> ehaU pay thern oa time directly to the persoa owed paymen�Barroaer sha11 promptly furnish to Lender eU aottoes oi
<br /> emorintA tro he pnid under thie rnreErnph.Tf Rorrower makes these paymeata dttretly.Aomower ehell promptly iumisb �_
<br /> to Lcader rc+aaIpts ovidestcing tho paymosste.
<br /> Borrower ehellpromptly discharge eny lirn which hes prlodty over thie Socudty Inswmant us�lcs�Borrower.(a)
<br /> agn�es in wr�dag to the payment ai ihe obligation secured by the lien in a meaner acaptable to Les►de�;(b)coateata ia
<br /> good faith 4he liea by,or detends againat eaforoament oi the lien in,logal proceediags which Ia the Lez►der's opIaion
<br /> operate to proveat the eaforcemoat of tha l�en;or(c)sxures iram tha holdar ot the lien m.a ag�ernaat�tisi�ctory to
<br /> Lender subordianting tha lien to thla SacurIty Instrument.It L,attdar determinm that any part oi the Property is eubjoat
<br /> sW a lien which may attein prIority over this Securitq Instrumont�I.ettder mey glve Borrower a aottas ddeatiiy�'ag the
<br /> lien.Borrower shall eattefy tha Iten or take one or more of the uctions set forth above w;thia 10 days oi the givIng of
<br /> notice.
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