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<br /> 'i't1t3[;THL'4�WITN�dl ti►a Inspravementa�mw nr Ite�atter ec�cted on tha pr���ny, nnd cdl ri►tirme�u�+,uppurtenonrrw, cm�i _-
<br /> �ixtu�r� uuw ur hercaficr n p:►n oF thc pn�peny. All r�placcnunte and additVun� shnll ulsu br. cuvc:�cd by thly 5ecurity _
<br /> Instrunecnt. All uf It�o fi�i�cguing is r�fcrmJ tu In tids Seruefty Instniment nr tho"P��►�netty.'
<br /> Ni)RRUWIitt(Y)V�'N�1NT�Ihnt llurr��wce t� lanvlldly scl4cd uP Ihu c��titte hcreby canvcye�l�util hnv thc rl�}hi tu�ren�t nnd
<br /> runvay �h� {�r���r1y wed tlwe �hs Hn�prnv iy unenc��mhcrcd, cx�eps f��r en�nimhmnrev c�i'rcraril• H��rr+»ver warrnnte e�nd wNl
<br /> dcfcnci gr+�rrally Iho t1tk;tu tiK{'n�ny��aii�.rt all�I�du�r m�El dcauu�dy�snMec�t��uny rncuu�t►�uuecr uf rc«►rd, —
<br /> THl9 SLCUAITY IN�i1'lZUMl3N7�C�1fl1I1I1LCl1 UflIf11f111 CUYC���1�9 r�1�IIUII�111i1�11�C 11IU�Rt111-Uti�ri►tttt 4YN�{°I1H�Nti�4NI1 IIRI�� _
<br /> vuri+�ti�+���c(+y�urixdicdun In r��n�lilutc i�uultur�n sccucl�y Invtn�mcnl av►vcrin��rc,d prup�rty. �
<br /> UNiI{'t1RM t'i)Vi?NANTS, Nurnavcr and i.cndcr��vcnant und uH�a�fi�lt�ws: =
<br /> !. L'qyatent ot 1'eliul�ts+1 uud ilnQcecsl� l'rcptlymm�t und I�ute l:hurgcw� H��rrowcr rhull pruutpUy pay when duc Ihc
<br /> princlpal ai un�l intcrc�t au the det+t ovidrnecd hy Ihe Nate und uny prcpaymrnt und Ilua rhnr�z�y duc unde�ihc Motc.
<br /> 3. Ftutd9 for Tnx�w nnd b�uranrc. tiuhject t��nppUcablo luw or W u w�ittcn wuivcr hy l.c�tdcr. Hurruwcr shnll pay tu
<br /> I.endar an tho day numthly puymenta�ro due undcr the Nuto,wnil thc Nute is pniQ in NII,u�uin("F�un�y"1 fi�r:(ul yearly�oxcx
<br /> und nsticrsmcntw wMch mny nttuin pdarlty��vcr tida Sccurity(a�trumcnt uy u licn�m tho Pr�pchy:(h)ycarly Icu.�ehald payntcntn
<br /> or gn�und rents on thc Propersy,if ony;(�1 ycarly huznrd nr pmperty insuranco prcmiumy;(d)ycuriy flcmd insurcinco pxcmiums.
<br /> if nny; (o)yci►�ly mu�iguge insurunce premiums,if nny; n�id(f� any Rums p�yiibla by B�rrrnver ta Lender, in necordunco wUh
<br /> tho proviaians of piiruF;raph H,fn licu uf tho payment cif n�ortgiiso insurunce pmmtums. Those items nrc culicd"Escrow ltemq."
<br /> l.endcr mny, at any timo, cv�ltcct nnd hald Funds in an cmtaunt nat to cxcc� thc maximum nmount i� lcttdcr far a fcdcratly
<br /> reluted mortguge loan ntay reyui��e fc►r Barmwer'x escro�v ucmunt under tho federul Real Estnta Settlement Pmccdures Act uf
<br /> 1974 t�.v anended f'rom timo ta timo, 12 U.S.C. Sectian 2bOt et seq. ( R�SPA ), unlcss nrtnther Imv timt npplie�to the Fund3
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<br /> sete u lessc�amaunt. If na, l.cnder m�iy, ut i3ny time, collect and haid Funds in an amount nat ta cxcewl tho icsscr nm��unt.
<br /> l.ender muy cstimato tho mm�unt nf Funds due an tho busis af curnent duta nttd rcusannblu cstimntcs nf oxpendlturcs of futurc
<br /> 8scrow Items ar athcrwlsc in uccardnncc�vith applicablc law.
<br /> Thc Furtdg ehall bo hofd in an institution whnso dcpasits nrc iasurccl by u fcdcral ugcnr.y, insctumcntality. or entity
<br /> (including Lendcr,if l.endcr is such c►n institutian)ar in any Federnl Hame L,ct►n Hunk. l.ender Fhall apply tho Funds ta pny thc
<br /> 6scrow Itenu. Lender may not churge Barmwer for halding and upplying tho Fund.g,iu�nually unalyzing tha escra�v account,or
<br /> veritying thc Bscrow items,unless I.cndar pays Barro�ver iatcrest on the Funds and uppiicnbte law permits l.ender to mnkc such
<br /> n churge. However,l.ender may rec�uire Sorra�vcr ta puy u ane-time chargo for an indepcndent renl estnta tux reponing scrvicc
<br /> used by Lender in canncction with this loAn. unlcss appllcnbia luw provlde9 atherwisu. U�tcss an agrcen�ent ls mado or
<br /> uppfirnbic!aw cequirew interest to t+c pnid. l,endc� shall nat bo required to puy Banowcr u�y intorest ar curnings on thc Funds.
<br /> 8orra�ver und l,cnder muy nBrce in writing,ho�vovcr. that intcre.9t Fhali be p�id an the Funds. I.ender slvill give ta Borrawer.
<br /> withuut chargo. an unnual accaundn�af tho Funds, shawing cralits an�debits ta thc Fands And tho purposc far which cuch
<br /> deblt to the Funds w�.v made.The Funds uro pledgcd as additiatu�t sccurlry far ttll Fum.v secureJ by this Security lastrument.
<br /> If!hc Funds hcld Qy Londcr oxcced thc amounta�ermittcd to bu held by applieablc IAw.l.endee shali�ccaunt to iic�rcower
<br /> far tho cncess Fuads in nccarci�ncc with tho requirements of appiicubfio iuw. Ii the amou�E�f tir�€uncis holt!bY lz��s'�s�
<br /> tfine i9 at�t eufficient to puy ttio�scrow Items whon due,Lender mny sa notify Aorrowsr in writing.and.in such eci►.se Horrowcr
<br /> ehall pay to Lender the umou�n necessary to muka up tha deficiency. Horra�ver Fhall makc.up the deficlency in no moro thao
<br /> twFlv�,ncuuhiy puymente.al i.�mdcr-a saiv disc�aicm. _
<br /> Upun puyment in full of ull sums secured by thia Securiry I�strument. l.ender shali pramptly �fun�1 ta 8o�ower aay
<br /> Funcls I��f�i by Lender. If,undcr pam8raph 21. Lender ahall acqui�o or scll the Praperty.Lcnder,priar tu thc ncquisitian ar salo
<br /> of the 6'rugcrty.shall apply nny Funds l�el,i by l.ender at tho timc af ucquisitian or r+alo n9 n credit uguinst tho sums securcd by
<br /> this Sccu�Ity Instcument.
<br /> 3.ApplleAtion o!I'ayments�Unless Wppfi�ble law provides mhcrwisc.a1i payments t�ecelved by Lcnder under p�mscaphs
<br /> � I and 2 ahull bo upplicd: tirst.to uny prepoyment char6es due undcr the Nat�;second, to nmaunte payahle undcr purAgrc�ph 2:
<br /> third,ta lnterest duo; faurth.to principal duo;und Inat.ta u�y 1:►to charges duc undcr the Nata.
<br /> 4.Charg�; Gtet�.Bonowcr shall pay nU taxcs.assessm:nts,charges, flnes nnd im�,�osiiions uttributuble to thE Property
<br /> �vhich nutiy pttnin prlarlty over this Socurlty Instrument. and ica�ehotd puyments or gm•.:..�r�rentK. if uny. l�arcawer snall pay
<br /> theso obligntions in thu munner provided in puragrnph 2,��r if not paid in thnt mnnncr, Bnrrc�wer shull puy them on timo directly
<br /> ta tho person owcd payment.Borrowcr ehull promptly tlirnish to l.cndcr nll naticc9 af umounts to bo paid undcr thiA pArag�aph.
<br /> [f Bormwcr m.ufce.g thcse paymcnts directly.8anower Rhall promptly ll�mi�+h to l.ender ruceipts avidencing tho puyment9.
<br /> Bar�awcr shati promptly dischargo uny licn whicL liva prlority avcr thia Sccurity Instrum�m unlcws Borcowcr:(a4 agrccs in
<br /> writing ta tho payment of tha abUgation suured by the lien in a manner acceptablo ta l.tnder; (b)contestn in gaad faiifi the lien
<br /> by, ar defends ngainst enfarcement ot tho licn in, lcg�l procealinga �vhich in the Lender's opinian apernte to prcvcnt tlie
<br /> cnTorcemcnt nf tho lien;ar(c)tiaures fram tho huldee af the lien un ugrecmcnt xntiafuctnry ta l.cnder subordinnting tho licn ta
<br /> tlila Security ynstrument. If isndcr dctermine.q that uny purt af th�P��aperty is subjcct ta n licn which mny uttuin priarlty uvcr
<br /> this Securlty Instn�ment,l.endcr mny givo Bnrmwer e�notice identifying tho lien. Barro��rr shall satisfj+thc licn ar tnke ono ar
<br /> marc af thc nctions Fct Porth abava within 10 duys af tha givin�of nottoo.
<br /> Fa�m 3028 8/90
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