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. • ., � �•'�,w►w��A,'"' '!i. '1� . '- -- _'`.4,`� ,. .. �' . e.s .� .�. ' .� '- '18a1i'` " -'?l�. ...�__ -' _ — — .:.�iit.•___ . ._ - .. -_.... r. - —_ ��+m--�.�_..-�...._._...—. ..._ .._ . _ �. ... .--�------- -- - � 9 5- x06�9� TOdETHER WITH all tha improvementa now or hereafter erected on the property�und ali enscmentR�nppuctenancts.and flxtures now ar hereatter e part of tho property. All �epleaments end eddidons ehull alsa bo coverod by thi� Secudty Instrucrtent. All of the foxegotng ix rofarrcd to in this Secudty Instiument as the"Property." BORROWBIt G�VENANI'5 that Bo�wwer 1s tuwfulty seised of the e5tate hereby canvcyed and has the dght to grurtt and � convey tha �p�rtY and that tho Property Eg unencumber�d.oxcept for encumbrances of re�rd. �orrower warrants and wil! defend generally the title ta th�Ptaperty agolnst all clniriu�and demanda,subject to sny encumbrances of record. _ THIS SECURTt'Y 1NSTRUMENT cumbines uniform wvenants for national use and non-uniform covenaats wlth limlted vadntlons by iurisdiction to canstitute a uniform secud:y insuument covertng raal property. UNIFO1tM COVSNANT3.Borcowei�nd LetxteT covenam anci agna.;��iu�o: whan dua the - l.Payment ot PrincipW ued Interesti �'�PsYment and 1Lete Chtxg�s. Borrower shall prcmptiY PaY pdncip�l of and inurest on 4�e debt evidonecd by the Note and any prePayment end tate chargeg due under the Nau. Z.F'unds for Tues and In�uranee. Subject to appltcable law or to a writeen waiver by L,ender. Borrower sf�aq paY to Lender on the day monthly payments ere duo under tha IQote.until the Note is paid in tt�ll,a aum("Funds")for:(a)yearly taxes ar�d n.csessments whtch may attaln pr�ority over this Secur�ty Instrument as a lien on the Property:(b)Yearly teasehold pa�yaaeata or gmund nnta on tho PraperiY.if any:(c)Yeatly hazard or pmperty insluancx pnmiuros:(d)Ye�uly tiaod insutana premiwaa. if any; (e)Yearly mortgage insuranca premtwna.if any:aud(�eny sums PaY�le by Borruwer to Lender,in aocordance with the provisiang of paragruph 8.In lieu of the payment of mortgage insurerna peemiums.Thcse items sire called"Bscrow items." Lender may,nt eny dme. collect and hold Funds ln an amount not w exe�d t�°��°�t a lender far a foderaUy related mvrtgege loan muy nquire for Borrower's escrow acoc�unt iu►der the federal Real Bstate Settlwnent Procx;dures Act of 1974 es aatiended from time to time• �2 U.3.C.Secdon 2601 et seq. ("RESPA").unless aautl►er law that applies to the Fands seis a ��sser nnwuat.If so, i.ender may, at eny dme. wAect and hold Funda in an amoutu not to eaoad tiie lesser amw►nt. Lender may astiraate the amaunt uf Funds due on We basis of cumeM data and reasonable�dmates of expendidue.v of fhtune Bscrow Items oc aherwjsc in accordance with upplicable law. The Funds shall be held in aa institution whose deposits are insured by a federal agency. instrumentality, or enHty (including Lender.if I,ender is sucb an instltuYion)or in any Federal Home 1�oat►Builc•Lender shatl applty��W�n or Escrow Iums. L.ender may not charge Borrower for holdtng and applying tha Fuads.ennuaUy ar�alY�B vet�i�rink tho�scrow Items.uniess Lender pays Barrower iaterest on the Funds and applicable law permtts Lender to make s�ccb - a charg�.Howevcr. Lender may reqnire Borrower to pay a ca�iinic.,�args fos�s��snt re��R t!!x��,� , � t�sod by L.ender ln connecdon Wd@► this loan. unless applicable law prnvid��'��y nurest�eamings on the Funds. appUcable law requires interest W be patd.Lender shall not be required w PaY gorrower and L,ender rauy agme in wrlting,however,that interest shail bo paid on the�unds. I.ender s�L1 give to Burmwer. wIthout charge.ea annur►i acvounting of the Funds, shovv�ng credits aid debits to the Fwxls aud tha purpt�se i`ot which esch debit to the Fuads was made.The F�nds are pledgal as eddidonal security for sU llc�ble 1�aw.�Lender8shall tacoount to Borcowu If the Funds held by Lender exceed the amounts 1km�itted�o be hcld by app for the exass Funds in accoidunce with the raluim.ments of applicable lew.If the anwunt of the Fu�s held by I.endet at aay time ta not suffictent t�pny the Fscraw ltems when dua.Lender rnay so notifY Borrower in wrlting.end,in such case Bomowcr eha11 PaY to L.ender the amount necessa�'Y to make up the deficiency. Barrower shaU make ap the de�iclex►cY In no uaore thu► _ twetve monthlY PsYmerns.a�unoer'n�,I�3ixrtic�u. cefund ta Bornower euty � (Jpon payment fn full of a!1 sum3 socured by this Securlty Instrument, I.ender shsli pmmptiy • Funds held by Lendet.If.under paragcaph 21.I.ender shail ucquire or sell the Ptoperty.Ixnder.prior to the acquisition or sala 04 tl:e Prapeety.shs!!a�ply eny FnndR trcld hy Leader at.ttwfiame of acciuisltion or sale as a credit against Wo suats socnrod by thia Secur�ty Insttument. ' 3.Applkitbn oi P�rymeats.Unless appficuble lsw pmvides otherwlse.a�1 payments tooeivod by 4tnder under�iangraphs•. 1 and 2 shall br appliod: first.to anY PnPaYment charges due under the Nou:seoond.to snwunts payable w�der paragruph.2:;,��, ' � " thiM,to inurest duc;fowth.to pr�ncipa!due:and last.to any lato charges due under¢he Nate. • +1.Clu�rgcs.Lie�s.Hormwer shalt pay ali taxes.assessments.charges,fineo�nnd impositions atMbutable w tha Property which mxY ettain pdorlty over this StcuritY Insttument. and leasehold paymeats or ground retrts. if any. Botrowa ehtll pty these obli�+tions ln tha mazutcr provida!in paragraph 2.or if not paid in.that manner.Bornower shall paY Qhem on tlmc di�a:tly , W tttC p�rson nwqi paytinem.Bcyrrower shall,prompdy furaish to Lender all notices of aaiounta to be ppid wider this p4r�gcaph• If Borrower tnakss these paYments d�reccly.$°n°wer shall prompdy fumish t�Lender[�eceipts ev[dcnci!tg the payments. Bon+ower sbali proa+pcfy dis�►arge any Iten which has priortty ovcr this Secudty Instrument unless Borrower:(a)ug[�ees ia vuriting to the payment of tho abligudon sxured by the lien in u manaer acceptable to Lender;(b)¢onteste in goa!falth tho lien by. or defeuds against enforcement of the iien in� legat proceedings whlch iu tAe L.ender•s opinion operete to prevent tlte ec�t'orcement of the ifen;or(c)secures from the hoider of the tie.n an a�hre�ment satisfactory to iander subordiaudng tha lien ta , this 5�cudty Instrument. If Lernier determines that any pArc of the Property is subject co a lien which may attciin prlority ovet th;s S�etu(ry tnsuument,Lender mey give Barrower a notice identilying the tiea.Borrower shall satisfy the lien or talce one nc mom of the actions set forth above within 10 duya of the giving of noNa. Fam 302a 4l90 .. � P�ge 2 ot 8 . ' s• _