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<br />83- 00:3:014
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<br />UNlf'OJtM COVEIiANTS. Borrower and Lender covenant and ,.gree :;s roHows:
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<br />1. PaY_ftl of Principal and (mens(. Borrower ',hall promptly paj' when due the prmcipai "f and interest ,1l1 the
<br />mdehtedm:ss cvtdt.-nc,ed, by the Note, prepayment and late charges as pronded ;n the ~ote. and the principal of .!Od imeres!
<br />on anv ruture Aclvam:.:,,; secun....J hv this Deed of Trust.
<br />1. P__ fer Taus aud IDsUnmce. Subject to applicable law or to a wmten waiver by Lender. Borrower shall pay
<br />fl> Lender on the day flWnfhly il'lSt>t!Imems cf principal and interest arc payable under the Note, umil the Note is paid in fulL
<br />a, nim (herein "Fuw~"} equal to one-!"'-elftb ,;If the yeady taxes ;we :;SSl$SmenIS which may attain pnority over thIS
<br />Deed <If Tws,t, and ground rt.'nts on the Property. if ,my. plus one-lwdfth (If yearly premium installments for hazard insurance.
<br />plu.~,one.twetfth of Ylearly pnmuum lnst<'lHmenv' (or roer-gage insurance, ,f .any, all as reasonably estimated .ni{.ally and from
<br />time to ttnle by Lender Ot'! the OOsis of ~-sessmerlls and !'Il11s and reasonable estimates thereof.
<br />The Funds shaH be heMin an im'tilUtion the dCDt::>Slh ()!' of which :lre insured or guarameed by " Federal or
<br />Mate agetlcy (including Lem:l,cr if Looder is 'HJCn "'., institutmn!, the Funds to pay said taxes. 3S5eSSmems.
<br />ll'liSurance premiums ,1110 gnlund rents, 'Lender fl<)( far ,'" h.::llding !he Fund". analYZing said aCCOUtl!
<br />or ~.etaj~r.Jtl'aj;ll.i compiling $a;d and Ilnle!'!'. P"YS l'lonTlwer On the Fands and applicable law
<br />permits,!..endef to make siJ!;h it Borrower iUld nia, m wming ;II the tlme of t'xeclltiofl of Ihis
<br />~ cl 'trmt Ihlll ml<ere<>t (1fI the "htlli be Ul1le'!'" sud'l 3greemenl \, made or apphcabJe law
<br />. L,mder "I:!;ai! no~ '!1ten:~t or earnings on the Funds. Lender
<br />ere,hls and J'ebils to Ihe Funds ~nd Ihe
<br />ii, additional security for the sums securcd
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<br />Funds pay.tble prior to
<br />to pay ~:Iid taxes.
<br /><II "pilon, either
<br />I f the amount of F nod'!'
<br />rerH~ "" thev due,
<br />the dllle n"lk:" i< 1111l,!ed
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<br />r{,~I1.}l1d w fl.orrower :mv Fund,
<br />.1cqmred by . lender
<br />r.y Lender. ;lIW 11.:1,t 1>\
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<br />bv j,._t"ndt;(~ pr<<Jvilde_d.
<br />h" p\'nd th<:
<br />when om:, dmretly 10
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<br />l"m".'ll'<li .hall e,~I~nd
<br />dHltlge Ihc, iW'lOtHH
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<br />pr t,t'.ft t ('/' ibt~
<br />ptt<}t ';;u'Ch
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<br />~bet~l;;},:tl, ,~ha~{ t~{'on:te
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<br />amJ'>i,mh 'lh..ll !'>car mlere", :a!
<br />';,h",i, I~tll!i.~ 1"J/;i1t:ier 10 tlll:l.l'Y lill"(
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