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<br /> .TOCiS17IER WI1`H all ttte imProvements now or henafter erected an�te pmperty.and all easemeate.aPPuiteuutcxa�and
<br /> flxhues aow or hareafter a part of Wa pmperty. All replao�men4a and additiona ehall also be cavered by this Sccuriry
<br /> laserument.All of the fomgoing is referrad ro in this Securtty Yusuument as the"Property." r -
<br /> BORROWBR COVSNANTS thu Bomoaet is lawl�lfp eeisal of ttte aatau hamby convayed and hra the rig�t w grrtat and
<br /> convey the PropertY end Wet tha PrnpertY is�n�umbend�eacept for enaumbrances of record.Borcower waraau and wfll _
<br /> defend generallY tha title to the Pmpertp a8ainst all aldms and demaads�snbjcct to any encumbratca of t�cord.
<br /> �rurc cxc+'t1Ri7'Y INSTALTMBNT combinea uaiform wvenanta for aational use and non-w�iform covenanta wiW Ilmited
<br /> vuiationa by 3udadiqion w constituu a wdfarm socurl�Y tasuumen��`��s i�°'�,��.,.,. —
<br /> iJN1FORM COVSNAN'1'S.Borrower aad L�nder coveaaat aad agree us foUowa: when due the
<br /> 1. PxYmwt o!FrindPd �d jntereat3 �PwYmmt nnd Lste Ch�urges. Borrower ahaU promptly PaY _
<br /> prIncigal of uid fntesest on the dcbt evidenocd by tho Note and as►Y Pr�PaYm�t aad late ehargea dun under the Note. --
<br /> Z. FYmda tor Taues nnd TnsnrAnce.S1ibJect u►applicabla law or to a arcitun waiver by Leader�Borrower shall pay w
<br /> Lender on tho day nwnthlY Payments ara due undar ihe Nou.until the Note la paid ia tWl.a eum<'Funds")far:(a)Yau'ly taxes
<br /> and Aaseasments ah�ch may auain Priority over this Securlry Inauument as a li�n on the�roperty;@)Y�IY leasehold payments
<br /> or gronad nnta on�the PmpertY.if aay.(�)Y�IY ha�ard or property inauranoe Preffiuma:(d)Yearly flood inauransx p��•
<br /> if aay:(e)YcarlY�rtgaga lnsoraac�Premiutns� if aayc�(��►Y�P�Yab�e by Bornower to L�eader�ia acco:danoo with
<br /> r ac �.��i����"gscmw Iums."
<br /> the pmvIslona of parigrapb 8.in lieu of the p�ymea►t of mortgage iusuraace P�
<br /> Lender may, at a�►Y dma� couect ead hold Fuads in an amawit not to oacad the ma�imum amouat A tender for a falerellY
<br /> telatod mostg+ige loaa maY raluir�for Borrower'a esemw account u�er ttu federal Real Estate Sculement Pc�ocedures Act of
<br /> 1974 as�cd fmm time to tdme• 12 U.S.C.Scc�tion 2601 u s�q. ("RFS�'A«).
<br /> unlesa a�nother kw that applios w the Fuads
<br /> eeu s la�aer awount. If ao�Lender maY.at aay ttmc�collect and hold Punds in an amount not to axcad the leaaar aniount•
<br /> Lender mAY esdmau the amouat oP Fun�s due on the baals of cutrent data and reasonable est�utes of eapenditurea of fluu�e
<br /> Bacrow items or otherwlae in a�cordpnce rvith oppl[cable l�w. a federal aSea�7►. lnsuuaaentaliry► o�'�tY
<br /> The Fun� sh�ll be held in aa institutton ahose depoaits ura insund bY 1 the Fuads to tho
<br /> (including Lmdcr. it I�ender is such an institudon)os in a�►Fcderal Ho the Funds.annuaUY anilY�B�►e e�+ow account.or
<br /> Fscmw Itema.Leader may ttot c3�erge Barroraar for holding and ePP Y�S licabie law tmita Lender w mAke such _
<br /> vetifyitig the Bsct+o�v Itam��unte�I.mdts PsYs Bern�ev�Lnterest on tho Funcls t►ud app �,�tate pnc tap�tii�$s�l� _
<br /> Bonower to pay a one-tima cher8e for an indepeadent ia m�de or .
<br /> a chuge.E�Iowaver.L�ender may raNire iicable law pmvidea oth�rwise. Uatas en e8�ement
<br /> uaed by Lender in connocdon wlth this loan� unlda aPP to Borrower any intaest or amin8s an the Fuads.
<br /> �ppticabla laa raluires Interest to bo paid�Leader shaU not be raNircd PaY
<br /> Bomower and L�ender maY agree ia wridag.however.that intereat shall be paid on the Funds. Lender ahetl�for vr�ich e�ch
<br /> withQUt cha:8e.an�an�����8 of the Funde. showing eredits and for a11 aums soa�ral this SocuritY�t•
<br /> debit w the�nds w�s mado.'17�a Funds are plcdgod as ndditittcd to b�e held by applfc�ble law.Lrendar abpU acoount to Bon+ower .
<br /> It tha Fuilds held by Lendar e�aad�the amounta permt li le law.If tha anuonnt of tha Fbads held by Lander.at suy
<br /> for the eacesy Futrd+ia a�ccord�aca wlth the r�ui�m�ta of app c�
<br /> time ia not euffieieat w psy the B�crow Items when d,ue.I.ender a�sY so n°�Y Boiroarer ia wrl�.���in no remo than .
<br /> ahwll pay to Leader the amount neas�►to make up the deficiency.Borrowar shaU mrice ap -
<br /> twelve mondtlY PaYmeaLt►u�r�s aole 61sc�cdon. reit�ad co Borrewer�ny
<br /> uP�PsY�in tWl of all suais secured by thb Seaurlty Iosuu�� �r��'0�y
<br /> _ Funda 1�eld by I�cader.If.um��r paragraph 21.I.eada s1�eU�'�1*e or eell the�mp�riY.Le�der�priar w the acquieitton or aale .
<br /> of tho PmpatY+sIv118PP�Y ffiy���d�'���°�of acqulaitton or aele aa a cralit Again,�t the sums sa'u�a�QY
<br /> tMt 5ecur[ry Ina�vmeat• eeoeivcd by l.�eader under paraSrapi�s
<br /> 3.A ot P�nneats.Unless appllqble law pmvidea othecwiae.a11 P�yments
<br /> 1 md 2 aHall�a�pPlied:�rst.to aaY F�Y�nt�TSes due uader the Note: eec�nd.to aanotmia PaYabie under Pu�aPh x;
<br /> third,to interest due:foiuth.w Pr1ndP�1 dnet�d last.w aaY lau ch�r8a du�under the Note.
<br /> d.Ciuu�es;l.iaw Borrower shaU pa4Y all ta�ss�asseumtmts.char6w.fi�s aad impositions aucibutable to the PmP�Y
<br /> which may aa�a p ty or rents. it any. Borrower ahall PaY
<br /> rtori over this Securlty Ynaavment.and l�a�hold paymzata Sm�►�
<br /> na v
<br /> h 2.or if not paid tn that manner+Borto�'er shalt pay them on dme Y
<br /> tLese abligetions in the manner provided ta puagraP ��w I�nder aU notice�of sinou�s w be psid under tbls puaSraPh.
<br /> � to the paraoe owad psyment.Bonvwer eha11 prompdy w Lender roaipta evidencln$the paymeats.
<br /> If Borrower malcea these paymenu dit'xt�j'•D°r�'°wer ahall pnomptly ihmish t unlaa Bormwu:(a)agc+ees in
<br /> Borrowar at�ll promPtlY discharSe aay Uen whicb Laa prlorlty over thia Security Inatrum�a►
<br /> writing to the Qayma►t of the obltgation aecured by thG lien in a manner ac,�eptable to Lender:(b)conteats in good faith the llea
<br /> which in the Lender's epiaion operau to pnveat tho
<br /> by� or defeuds a8ainat a�forcement oi the lien in�tegal Pmoaed�°88 �aatlsfacwry to Lender suDordiaatin8 the lien to
<br /> enfonctmsnt oY the lica:or(c)axurea�com the holder ofa eo� ����bj��0 8��W����p�orlty over
<br /> _ thie Security Tnatcumeut.If Lendsr determines�ffiY�oe idendfYi�B the liea.Borrower ahaii sadat�►the liem or take oae or
<br /> thia SecutllY Inamiment.i�ender maY 8� oP uodx.
<br /> more of the acttaaa set forth above withln 10 daya of the gtvin8 ��o
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