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<br /> - ` ` ` �'� �. 'PO�iSPHER WITH ail tIle imptoxem�ts aciw or I�seafter erruted on the -
<br /> ` ;`. ;'.�.`.� ``�`" P:apert3►.aud alt e�se�ents.aPP��•�� ,
<br /> • fu�ues aa�w or hereaft�r a part of the pmpeny. All �p2aoemeats•aad additians shall also be covea�l by dils SecmtitY
<br /> _ -- . . '� � ,m�r,t_�Il of ttt�fOSegoing is teferred to in tb3s Sgt�ity L*st�eut as,dae°Ptaperty.' ` . �
<br /> - ; � °.',. � . BORAOPIER COVENE1NfS t�B�n+ower ia lawfWly seis�of tfte estate heieby ramvegr�!and L�s the right tu grant and
<br /> ;.�.r � `.� eomrey the Y�uperty and ti�td�e Fc+eperty ls uuencumb�ced.except for euaimbrances of record. Borravrer wu�:ants and arill
<br /> --_ _ -�<� G.;_".-.-- . dsfen�geuetelly the tttte to the Pmpertrty a$afast aU claims and der�ds�sabjecs to a�r encumbrances of�oord. --
<br /> �t THLS SECUI2ITY INSTftiJMENT wmbines�iform covea�rs for national use and noaaffiifomi coveaants witL limited
<br /> — �c,�`� viuiazi�ui.gtry jaris�ictton to wasiiwte aunifo�an_s�auIt�iasunment caveriu ieaI . _ �
<br />_�� .-, �� tu - - -- � F�P�Y-_.
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<br /> jJTJjFQj�[yj C��IENAI►ITS.$OIIOWE!8II��IId2I OOV�DEat SA�2�i�SS fD�OWB: ' _ �
<br /> ` ��. �.: ' - 1..knymeat oi Petadpal aad btt�esl;I'repaym�� I�te C6�g�s. Boimwer sball �rompttY PaY whea dne the �.�:
<br />�.,°'�' � . al f and iat�cest on Et�debt evideaee� the Note aad and late es due under dte Noie. —
<br /> prmcIp o b3► �Y P�aY� �
<br /> �• �, . 2.FYa�ds!�s Tesc�sad Iaaa�ant:e.Snbjest to apglicable taw or to a wriuea waiver by Lender,Borrowes shall pay to —
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<br /> '..���_�, ' Leuder on the da3►ma�2Y PaYme�s are due imder the NIote,unt�t�Note is paid'm fall,a s�m{°Fnmds°)for.(a)yearly taxes =
<br /> � '<;.'. �", �::� `; aad ass�ts which may�griorIry over this Secariry Instiumem as a lien aa the Fcope=ty;(b)YeaxiY Ieas�old payments _
<br /> .<F .. ,�:r.,;:.� c� .. :ot�d tmts on ttze Pmpetry.if auy;(C)YeatlY haz¢d or gtvp�rty i7tsm�rue p�e�s:fd}YeariY fload iasora�ce premtu�s. —
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<br /> �' . ' .��Y:<e)!'�Y moagage i�smaaae p�emiums.if an3►.•�(�aay s�s F�Yable by Bmauwer to Le�der.in actordance wlth �.
<br /> �-.�,�.`'�', : '�.��'�� , the p�avis�ong of garagraph 8.in lieu of tlie pay�nt of mortgage iasorance premi�s.T�se iten}s are caIIed'�row Items.�':. —
<br /> -•;: :�`,§' � L�nGer:ma,}r,as aay time.coll�t and Iiold Funds in an amaunt aat w ea�c�ed tf�e ma�n aaaunut a lendei.;���edetall� --
<br /> � `��� .� `'�-.r? �elated�ao�tgage tnan may r�qnire fur Bmmwds esecaw accaima under the fede:ai Real Estate SatIement P�:.�s Aei a�, �
<br /> --- '�,'',- ` ' . ri374 as ameuded li�om uma[o tl�e, 12 t7.S.C.Se�tlon 2601 e1 seq. (°RESPA7.�less,anaffier law that app�s.�+,�e�uads � . -_
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<br />_, .:�..: � : . .; . _.._..._....s�s�a lessei smount�1f-so,�der ' ��-at�auy-�tiane,-coiYECi-'aasl�hold Fnn�s in au a�a�mt-aat-to-exceed.t&�� a�mt..-=-..-... �-
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<br /> - -- =-,.�,-, ---.. J.euder may estimat+e the�nuat of Funds dae oa the Uasis of curEat data snd raavss�able estimates of eh�i�"oY futura;. ., 4.
<br /> :� :�' Facrow Items or otheiarise ia accotdarice wIth appllca6lg 9aw. �.���,�:��'• --
<br />- -�`•. 'r.. '.t� "�� The Funds shalZ he held ia an instituttaa whose deposits aze insured by a federal ag�t.y. in.suumenta�i�,.or ent�: � --
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<br /> . . `' (ineInding I�.if I,ender is sncb ea insdtutiaa)or in aay Federal Iiome Loaa�BanSc.L�des sba11 apply the Funds w pay.t�'� --
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<br /> � , ,: Fscmw hems.Iiendermay aot c�arge Bdmowe:for hoIdiag and applying the Fapds.�atIY anaiJOzing the�ac�+`�cepuat,or
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<br /> 'r,.,� ::.� . � ve=ifying the Fscrow Items.�Leuder pays Rosiower�nteiesc on the Fuads and�ble law pesmits L.ead�it:�m�ce sush •
<br />�',:``, . . �,`"x�, . a c�arge.However;Leader�'�egnite Bomawer tfl ga.g a on�time charge for aa�endent r��al estat�taa r�q.ag service
<br /> }- ,:�::'. nsed hy Lender in oonnearaa arith this L�;�l�ss��plic�ble lew provides oihemrlse. ilnless an agr�em�is�maQe or
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<br />_.3;,��.�.• .� ',';.'j; � ' apglicable law re�nins inReiest to be pai�,�7er sball�ut itx t�uized w pay Borrower aay in►.�.Qr e�aings on tiie Fands.
<br /> :* � �",�-� ' ' Borrower and Lender maY�i�wridng;howevea.ti�i interest shall�e paid an the Fm►ds.I�t�t�s ahaU�Ive to Borrower,
<br />=i�;��:..�.�".^t. i�ittwut chaxge. an amm�al�of the Ftmds;sL��*�'..«,�cr�dits and c�efiits to t?�:Funds and'the gvrFose.�"ox which eac$
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<br /> �;,..;,... , .:, .;.�.: . debit ta the Fu�ds was�.Tt�FoIIds ar�ptedge�a��..:�ona2.seqrrity for ail su��ttaued by t$is S�cutiry t�ument, �
<br />-� '�f�°f '' If tlie Fands he2d bjr Lender eaceed the�pes�ttedto be,l�by appl�ile law,:Le�a�es shall acco�nt to Barrower
<br /> -% ��`'�`. :: for the excess�unds in accordance with the requi�ementa of applicatii�3as�►.If the amoaat of the Ffsnds held by IQnder at any
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<br /> : :;�t��=�;�:•'�' ,, . � �tI�e Is not suScie�ta pay the Fscaow Items when dus,Lendtr may so aoiify Bornower in writlwag,and,ia sucd�case Bonawer
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<br />-�,�.`'���' shall to Leudtr the amour.�nxessary to malce up the.deficiency.Boirawer ahall maYe the deSc �uo more ihsn
<br /> z:s�r+:t>s;�,� PaY uP len�.7+� �.
<br /> �,�,._,),; .���� twe2ve moathlY Paymams.ax�F�de�'s sole disccetton. ---
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<br /> � '". z.�.•�•° LIF�Pab'���n l�.0 oY all suans s��t'pd bY this Securit�t�6 Len�der shall pmmptly refand ro Bormwer aaY
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<br />:-�n'�1�:�? Fuads I�eId 1ry Ii�er.�f.imdei paregra�L�.��,:3�endes ebaU acquire or sell the Fraperty,L+ender.prior to tt�a iaaa or s21e
<br /> � ��
<br /> -- of the Pragerty,aha01 aggly aay Fuuds het��:y I�eader ai ths ttme of ecquisition or sale as.a credit against the sums sccured Dy
<br /> -- -__--- t�is seauisy Insuument. � . . � � ' .
<br /> , 3.Appitcatton of�y�.�its.ZJatess appltcable law pmviQes otl:ezwIse.all paymenrs rectived by Lender mtder paragraphs
<br /> - ..�. 1 and 2 shaU be apP�����tio�Y D�P�����dne uader the Dioiec secund,m amflunts payable onder pasagrapb.2;
<br />_-�"�°'��'"����;:� Wicd.to interest dne;fomrth;to prlactpal dnte;aad 1aat.to aay late charges due rmder the Nata. �
<br /> • 4.G7ierges;IdEUS.Bescatwer shall pay aU ta�.assessmeats.chatges.anes and imposiflans at�`butable to the Progerry
<br />- -�=:?;<'. . ► whicd�may attain priority mv�ith�s 5ecurity Insfntment. and leasehold payments or�o�d rents,if anyr. Boaaw�er sball pny �
<br />_:_� � � . these obligations�in the m�pmvided in paiagragh 2.or If not paW in tbat manner.Borrdwer shalt pay them on tlme dtrectly
<br /> - ------- -- tu tL�peison owed payment.Bosmwer sl�alt promptly fhmi�L to Leader all notice3 of amoimts ro be paid uuder t�is paragrapD.
<br />_;���� • � If�atmwer makes thtse payments dire��,�atmaei shall gromptly�lumish to Leader raxlpts evldeacing the paymeata.
<br /> . .--.�--
<br /> '�... Eorrower shaU ti dis e p �Y (
<br />-��„?:�.,;.`�'�,� D�P Y �8 ��+tim which taaa rlority over tLis Secuci Inat�nu�tent unless orroaes: e)a�ees ia
<br /> ��,�i writing to the payment of the obligation s�ted lsy t��in a manner acceptable to Ltader;(b)coniests ia geod fait8 the liea
<br /> :";f�"`r,;,�� - — by, or defends against enf�s�me�t oY the lien in,I�pracrEdings whicL ia the Ixnder's opi�on oper�ce t*�prevent We
<br /> .� :',�:� " enforcement of the lien;or(e)s�fnr�.t�hotder cr3the liea an agreement satiafactory to Leader suborc3��,:��the lien to �
<br />_ .o`�.�'.`. th9s Seiurlry Insaume�t.If�LenBer�deteastcmrse that a�+part of tho Property is sqbject to o lien vP3ir�may ama�f p�toiity ov�
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<br />=�:�`.`'� �, .this Securiry tnsuunaent.LeQder may gir�e Sosrowe:a notice idendfying the lieu.Borrower aball satis�t the lien or tske ons ar
<br /> •�°' more of the actions set forth abave wIt�n 10 days of tt�e giving of nootee. -
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