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<br /> :` ;`�� .- aow or hec+eatter eiected on tlie pmperty. ��
<br /> •��j;:;;`�-:`;t=:_.� • �0(3ETHER WF�'H ali the'im�ps� ���. AU iepla� and additiot�c shafl also be cavered by this Secnrity _ �;�A
<br /> � ,` futnre.s now or heaeaRer part -' `
<br /> ` r� } � I�tnmaeat.A!1 of the foiegaing is refe,rred w iu this Securit�r Instiument as the'Propetty° the ri to and 4c�.
<br /> ��.� ��� BORROWPR COVENANTS that Bocmwes is lawfully seLse�of the estate herehY aonveyed ar�d t�as 8� � :
<br /> 1�
<br /> � �' ��:� ` �s nnen�vmbea�l,exoePt for�of mor+d. Bmmwer wariants and wiD �` , a
<br /> �. �, oaF►v the PmPert9 a�that the Pcopexty►� of ceooid- ''�
<br /> � SLI CIffiIILS 8IId de�nds.sab3e���Y�� �F
<br /> 4 ` defe�sl genc�atiy the uile to the Prop�ty a�s� `
<br /> N,� -.``; 'T�S SECiJRT1'Y IIJSTRUMENT oambines�omn cov�aats for national use and non-amifo:m oovenants with liatited _ '
<br /> � oa w constitute a uniform sew�rity iastru�ea�t coYerinB�Pm��Y• ,`� `
<br /> " . vai'ratio�s by j�ar
<br /> . � �•"' „ UNffORM COVENANT'S.Bomuwer and Ixader oovenaat and agzee as fottows: - , ;.�,
<br />--'::r:-:-�,:�•�--�^° Bor�wer shall prompdY PaY a+�due the :.`,...•_,`:
<br /> u•r,; Y's 9IId fII�' ��8��.B�C C��' ,
<br /> 1.P7aymeitt of PriIIdpa! end lete d�dne under the Note. � - � ,
<br /> �� of and interest on the debt evidenced by the Note and anY P�Y� �,,
<br /> . ¢_, �:
<br />.,d rn(3k�'.1�.�;'.'' ��j,j[�$for Tas:es aad Iasurauae-Subjecx te appiicable!aw or to a wriuen waiver by Lender.Bormwer s6a11 pay tu ._�•�,.
<br /> -�-`-�����4�fi= j�d are dne�nder the Note,�mul the Note is paid in fiill.a sum("Funds"�for.(a)YearlY t� . ,:.
<br /> �: � °' i.�der oa the day mo�uhty payments G ".
<br /> r� �w�-��% and����l+�priority over this Seauitq�t as a li�us ti�Propecty'(e?Y�Y��d�
<br />- - :�----k=;:'-.°:' insmaac� remiumg;(d)YearIY tIaod iasoiance preaniums. ,'_
<br /> '..�,_,-°"';; �s grnoad rems an the Pm�ert�.if any;te)Yea�1Y ha�rd°r P�°P�` p te Borrower w L.ender.in acoordance with :'s�``�:
<br /> 5�� ,��..� if any:ie)Y�Y�o�Se�ce F�ums.if mry:and(�anY�F� � These items are called"Esccaw Items.� E f`�.
<br /> �?;."�<;�'`,:�=:"?�: the provisioac of paiagraph 8.ia,li�of the paymeut of mort�ge in�uanoe P��• ;�
<br /> �'�- ��. �'
<br /> . r_� ,.T 1�� ���� I,ender may�at any pime,collect and hatd Funds in an amount not to exceed the u�amouat a Imder for a fed�alty ,'r,._.._
<br /> :, �'�:�' '� telated uwrtgage loau may.ieqaire for Bortawer's escruw ac�oimt w�der the federal Real Estate 5�ment P�o�Ad of
<br /> �, ,, er
<br /> -- �';,�',:,.,:,�� 1974 as amended fivm time to time, 12 U.S.C.Sectioa 2601 et seq. ("RESPA'),anless another law that app3ies W the Fumds ,;
<br /> .:°�:::;�`":` "<`:�""• ' seb a te�er ama�mt. If so,�[.ender maY.at any time.co3tect aad hold Funds in an amomn not to exoeed tl�e lesser ainotwt- �` `-
<br /> � 2� ,;
<br /> r r. ��:�• L�dec iaaY�the amoarut af Faads due oa the basis of numat data and�asonable esna�ates of exp�ditures af fawse } �
<br /> ::�L �� Escrow Items ar otlierwise in accordance ticfth appf�cable taa. i or e�aq •
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<br /> ` 4 .� � The Fu� sbatt be fleld 'w an institation whose deposits are insuc�d by a federal ageacY, in��N' .�
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<br /> --t;��;`.;_.�r:.-, (�{ndiag i�u�.�1�nder is stcd�an institation)or ia•any Pedetal Home Loan Bank.Lender shall apply the�unds w pay die .<
<br /> . :,,. 1 _' 'the Funds,annuallY analYTJAg the ess�w a�.'or -��_':
<br /> :'..r:,,: . Fscraw Items.Lsander may Tmt c h a r ge Bormwer for hoiding and app Ymg
<br /> -----�::;�i.:r 1 , yerifjting ihe Fscrow I�.witess Lectder pays Borrower inta+est on the Fuads aud applicabte law permits l.�to make stub , ,,..,.
<br /> '� '`� �t a charge.However,Leader may require Sorrower to pay a mse-time ch�ge.for an independeat ieat�tax r�oning service• �
<br /> f � �...• is made,ar �'
<br /> -� �eL by Lepder in oonaer�ioa witb this loan,�untess applicabte [aw pravid���iataest o�gs on t1�Futtds• �
<br /> t J= . .,��.'�., �i�cabtelaw requi�s itrter�t to be�id,L�nder shaU not be r�r�d to pay •
<br /> -, � ° in writin however.t4at inten�st shall be paid on the Funds.I.ender shall give to Borcowet. �
<br /> = rW.. �;:. �rrower and�ender maS►ag:+�e 8• �s
<br />_ �..�.:_... . �;. withrn�t cbaige•an ammal accaunting of the.Fands.showing credus aad debits to the Fands and the putpose fos which each s - --
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<br /> ':`. .��.-``•. ' . . debit ta the Fam�s was made.The Fw�ds are pledg�as addltional s�aity for all sams s��p d�is Sec�tY I�°t: . ��,:
<br /> •. ..o�.<•.. .;•<,�. .
<br /> : c:t:.' If the Fcrr�s held by Lemder excead the amounts perrttttted to be hetd by applica6le law.I�ader shall acoown to Bomnwer �
<br /> K �'�. for the�eacess Fonds in acenrdanse with the��of applicable{aw.If the amonnt of the Funds I�eId by Leader at a�Y � LL
<br /> , �, gfime is not sufficiau w gay the Fscrow Items when�Leader may so notifY Borrower in wsiting,and.in s�case 8aisower `�
<br /> � * �'` ' :;- s1�aU PaY co Leader ihe amowirne�sary w make u�;he deficiency. Bomuwer shaU malce up the defc��.in no more tban
<br /> �• �,:.;r,. �:��, ts.at Lender's sole discretion. U refund to Bomower aoy .�
<br /> �7;':: � twelve u�anthlY D��
<br /> , ` ' . UPan paYmeat ia full of aU sumg secured bY tUis Secur�►Y Iasuument. Lea�der shall M'omP Y
<br /> ,{ � � .,,' y p� or sell the PropertY,Leader.PrIor to the acqnisition m sale. • —
<br />_<.f:.�, :'._
<br />.,,r,�,. - ,:,�:i ;.:;.;� Fauds hetd b Lender.If.under h 21.Lea�der shall acquire the sumv�seraued try -
<br /> .-..,�r;_' . of tBa Prayerty,�s6aU aPPIY ar►Y Funds held bl►Lendec at the mne of acquisirion or sale as a credit qgaiast ---
<br /> ,``.:;4a'''%;.`.,-•��' � tlus Seatrity Itls�uumea� ' . . .
<br /> �a recei«d by Lender under paza�taphs
<br />-- '.�,: ; ��' 3.Applieat�an ot F�Ym�4s.Ua2ess aPPlicabte iaw provides otherwise,at1 paYments .
<br /> .t, 2; .
<br /> "'`' ` �?� � I and 2 sl�all he applied:first.to anY Pr�y����dne imdes the Note:secand,w�mw�ts FsYable u°��'°,�P�°
<br /> ";;�"j�,.:`'....�� Wrd.w inter�st due:fourth.w prmcipal dae:and last.to any late c4�8es aue under the Note. . -
<br /> .�:.-�..:�:;..
<br /> ::._,y'.."'--.°` - Id�.Bomnwer shalt pay�1 taxes.asses.gments.chazges•fines and imAositions attributa�te w tl�e PmpettY
<br /> �; ���.•;:�.::.-_;�. ,.�� .a.�c��: .
<br /> . `-�.,.::: .: , . wh�d,may att�fin pstorItp over thia sa�ity rasaameat.ana teasenola paymaus u:gronna�i�ats,if any.�orr�o�ver shau adY
<br /> � :;r .the�e oblig�tians iA the matmer PmvFded in paragrapb 2.or if not paid i�thae manner.BmTOwer shaU pay than on dme dit�qty
<br /> �` .:�` ,'.: d ouder this
<br /> . ''� em.Bmrowet shell t fumish m I.ender aU nodoes of amounts to be pai P�.• � .
<br /> `: ;,.`:�`.;: to the pecson ow�paym P�D�Y de�ccing Faymctus• . __
<br /> , `:°;`` �;� ��; ;`� ;�" ' �' If Boirower inakes thesa payments directiY.Borrower shall pmmpdy far�ush to Lender receipts evt the _-
<br /> -`;`--�.-,t'`'""� � Bormwer shal! s� �scha� Y unIess Butrow�r:(a)a . ---
<br /> .. .. ,�, . p �q}tiq e aa llen whid�has pdariry ovet this Sewrity Insuumeat 8��
<br /> ;;:_.,.�.�''=;, �
<br /> ;`,:.,;.;.,-�; ,: , _ � ta the payment of'the obligation secnre0 by the lien in�matuter soceptab2e to Lender;(b)w�ts in goad faitt�the tie� , --
<br /> . "�"s � ;�;. . °�nS n whicA in the l.ender's opinion operate w.p�►ent the a��;.
<br /> -= _-- °�.``:,: by. or defends�gainst enfot�menc�of tbe Ilen'ia. tegal Pmceodi gs �-_-
<br /> y`� ,.: enforoemene of tbe lien:ar tc)secures fmm the hotder of the liea an a�oement satisfactory to I.ender su6ordi�atln8 t�e!i�to �:�:
<br /> `:.� �:T : . ` of the Prope*ty is sub}ed to a lien whkb may attain priarity over �
<br /> �f.��=� , � .,:^': . tbia Secvrity Insuument. U Lender determines that anl+P�
<br /> ;.::., �_-
<br /> r.: : . , y, . . �s g�ty instruut�t�l.ender may give Borrower a aotice tiientifj►iag the llen.Botrower shal!satisfy the lien or take one ar
<br /> � .'�.-° more of die act�ons set fw�tb above wItLin 10 days of the giving o�notice. , -. --
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