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<br /> 'TOtiETHF.�3 WTI'[i all tb.e improvetuenta a�w os het2,�:t e�cte�an tke p�perty.and nfl eas�ments,appurten�noes.und mn�-
<br /> _ �tras,es Qow or hemafter u parc of t�e pra¢c�. A�1 c�lace�nts ar.d udditions shull ulso be cover�d by tFecs Security �::
<br /> �iutnu�ns.Aii o€the for�going is reFerr�d to ite cS�is S�curity Instsuatent us the"Pe+u�erty." �;
<br /> � BURROWEPt COVENAI1ITS thad Barrawer is lavrfuily ssis9cl of Ne estaia hemby eonveyed uttd has the right to grant and ._--
<br /> canvey the Prapeny and that ttte Pr�cpertY is uaencune6er�c1.eacept for encumbrartaes of record. B.�rrower warran�aad wt11 ,�, _-
<br /> defend generally the dtI�to the Praperty aIItat�s alt ctaims end dera�ds.subject to a�y emuire�rances of czcord. �.-;-__.
<br /> , 1'NLS SECiJRiTY IN�TRUMENT oQ:ebfirces uniform covenants for aationat usr and non-uniform covenants�ith liPU.ited �_-�
<br /> variauoas by jurisdiction to ca�stiwte a uaiforffi szcurity iuserntmeat c�veriag real property. �f;.-.=-
<br />;';,��` t7MFORM�pVENANTS.Bormwer�td 9.eader wvenunt and ugree as follows: F�•'
<br />";a. 1. Payt�:rs o2�i�.1' s�r� YsP¢�i; �'freFnyc�eII3 un�!Ila4e C��. Borcower shali pcampdy pny v+hen due t1:e �:_
<br /> —` grincigal of scd interest on the d:bt evidenced by the Nete nrtd any pre�uyment and late chnrges due under the Note. �_��
<br /> `�" 2.Fn��Qos T�ac�a�.r3 L�ta�rse. Subject w a�plicalsle!aw ar ta a uwritte�vmiaer bg Lender. H�rcuwer shall pay to —r;:=-
<br /> ,. Leadee on t�e day ir�onthly Raymeats arz d:te utcder t�e Nate.until th�Nete is paid in fuU,u sum("F�ucds°)for:(a)Yearly taxes �'':`�'
<br /> anct ass��.^,�s which may auai�pricrity aver tisia Se�rity Ir�str�ment as a Gen oa tiie Property;(b)yearly IeasrhoEd paycaents =:_—
<br />'. :;; ur ground rents on the PinGerty,if aiey:tc).Yeurly t�uza�rd or prop.^.rty insurance premiums:(d?Y�iy flaad insuraace pminiums, �=-_:L
<br /> ';� if any;(e)Yeasiy mortgage ir,susan�ce preuaiwtts. if any;an�(�any sams payable by Eormwer to Lcnder, in accordanoe witb �- - .
<br /> �.: .
<br /> t'ae provisiaas o-f pacagEaph 8,in li:u of ths pay�uent af mnrtgabe ins�rance premiums.Thes�items az2 cxil�ed°Fssrow Items-' =
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<br /> Leader may,,�?�..�y ti�e,caL'ect aud hald Fe�rtds ir an sutount not to exca�d thes ma�cimum amae►nt a lender for a federally ��I� �
<br /> t,1Afa�d�uartgzt.�[oan a�ay mqar'ue for�c.°eogrer's es�now account under the t'ede�al Real Estate Ssttlemer►t Proceduars Act of _
<br /> 1474 as amsad�d ito��e 2��e. 12 U.S.C. S�ar�az Z6U1 er seq. ("RFSPA"). unless another lavr tt•„at applies to the Fands --
<br /> sets a lessec arz�:ae.If so, Lender�ay,zs acy ti�e. ac;lect and hold Funds in an amount aot to exceed the lesser amoun� �"
<br /> d..ea�,r m�X eatT�c�ie the amount of�ttcds rs3e a�L'c: �sis of curteat daut and reasflnabte�of expeudseaeres of fitiBre �-��
<br /> - Fsccow Item..�r����siera+ise in accordauce cui�+�iixe.,'^��aw. �
<br /> The �u�sRs sfiall be held in an i���a a-�z�E�osits ars iasuc�d by a federal ageucy. instjvineata�iey. �-r�ti4y �:'`��`:.
<br /> n r,.
<br /> (including Lxcder.if I.ender is such an�:.��n)or cc z� Federal Home Loan Banlc.L.ender shall 1 the�u�s to n the '::.,�.
<br /> y aPP Y P'Y ;:�.;
<br /> Fscrow Items.L�der may zn.�2 chuge�+.�wtr for ha��g and a�Pllin�the Fuads,a.,znnally auniy�ng the esra:rsw►aocaun4,o� '``;.
<br /> � verifyin�H��.'�w Items,unfess Ler��s IIonoarer i�terest oa c�Fuads au3°.:�c.r�ie laa��.�,�nits Le�a to make�ucln .
<br /> ; a charge.Ka�-u,Leader may requi.�+e;��^.Y+wer to puy a ane-time eFiarge for�z*T`�R'r-s��i��ate tax reporting seivice � �.
<br /> used by Lender in connecaon with th:s loan. unFess appficabls lavi provides �ri�s-nse. La�i� � agr�semt is a��:rnr �: ;4'�.'.'.
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<br /> '�. •� agplicable Iaw requires interest tn be paid. I.ender s }'�ot be reqnir�to pay E�.�a�t any intei°a�r or��n�the Fu6it.��'
<br />:'"�'��` Borrower aad Lender may agree ia writing,howtNer. z�t interest sS�all be gAid�rJh:Funds. Lend�sha!!���a 19ornnvrc�,. • �, _.
<br /> �: �..., -
<br /> arithout cha� �u anr,ual accovntis�of the F�ucds, s�awin�cr�ts�ad debits�s r�fiunds zm.t;ke p�srpose r�r wludh.cl�i'r.: ��
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<br /> •. ` debit to th•C�r.ca:a was made.The FuII,ds����edged a.s zdditiont�l s..�auur.y for all s�s�s sa:u�ct bG c�s Secutity Instn��t.'' ` --
<br /> y. If the i�;are�s heid by L�eader eRCeeal rD��ca�s�r.imed to�.�rtd by appu:�'�law,ir�u�shall a000unt ta Bc�rower ��:.
<br /> fas the excess fir:�:.ds ia�rn�a�ce��T1�s:��'e r�:.i^�sr�a�•�f appii�abls law.If tize ��..�ount of the Funds hetd by L�endar at any
<br /> . :�.. �.,�.
<br /> -• � �me is aot su��:rc�i qfl.��y,�.��:z'(7ac:u gE�cn dae.I.ender muy so notify Bonower in wriring,and,in such sasE�atroarer -
<br />;�d,,�;i:; shalt pay t�L��.�the�p,-�r.�ir:c��r r�r+malce up tl:e deftciency. BoRO+ver s4�a11 make up�st:deficienty in no more tB,sn _
<br /> --�.;.;9`: twelve manu�tx�as,:�a�ta,��°a"s�a'�d�cretion. .
<br /> :'�'t`�.f'�i �.�gon p�}rent i�:u1!oF aIt szu�secur� b t[aiR S�writy instivment, Lendcr shall ��e2y refuad to �orrower �
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<br />;:_��.,,:, Funds hcid by Lendec.i���oridsr pur3graph 21.Leader s6all acqaira ar seq tha Property.Lender.prior to the acqcisition ar sale _
<br /> ,.;�,�...{,r�, of the Prc�petty. shsilC apply any Funda hotd by Lendor at the time of soquisition or sale as a credit against the sums�ec�uetl by �
<br />.c;;. .� this Securfn,�Lt�ncr�ent.
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<br /> �s`a`� 3.A.�tpddiastc�at�oi Pt�yntenis.Unless appticable law provides othern+ise,all payments reozived by I.er�der uader parn�rsrph;� �
<br /> ;,�Y:_ 1 and 2 shall'.+�applied:first,to any pre�payment charges cfue under the Nota:secand,to amoun�s gsyab2e ur�ier paragr�gfF��;;
<br /> third,to interest due;foacth,to principal due;and last.to any late churges due under tha Note. '•�'
<br /> % 4.Cha�es;Uen�.8ormwer sf��ll pAy all taxes.ussessmenta.chnrges. fines and impositioas attribuabJ�to the i'roperty —
<br /> wtuc2�may attaia priordrj�over�d�fo Security tns&rument,aad lcsasehold puymenta or groun�d re�ts. if any. Bo�rower st�a,t3���v.
<br /> �����± these obligations in the munner providec!bn ptut�gaph 2.or if not pnid in.that manner.Eorrovrer�t'ri�1Y'pay them on titr�e diru:t�ey
<br /> ` to the petsan owed�ayment.�otrow��!prnmpdy tLmish to i.ender all nodoes of amour�ts t�or.i�r�raid n�der this parugtsi�ls.
<br /> l ;;;:� . If Borrower malces th�o��fir.tents�i�d�j,Borrower sIwll promptly 1Lmish to l.ender receipts evidencing the payroents. . � q.;--..
<br /> . � � � Borrower shall proa;�tlty�ctischarge any lien which hns priority over thls Securiry Instrumem unless Boctoxrer:(a)agrees b:�� . . �—
<br /> ���;� ��rritiag w tdie ppymenl of the obligation seared bp the llen in u marmer aoceptable to l.ender.(b)contests in gs}cacf faith th��.-va � �'—
<br /> � by. or defends against enfomxmcnt nf ti�e lien in, legal pmoeedin�u•+vhtch in the Lendea's opiniqn opeiate to prevcn& iir2
<br /> � enforcemait��:��the lien;or(c)secnnes fir�m the holder of tho lien me���rament satisfactory to LaKfer subordinating,the tu�r.�tr �,■,
<br /> . this Secari�3+utsirutneat.If Lender determines thut any ptut of the Property is subject to u lien whicb may attain prioriry.�a�er _ _
<br /> �.f this Securdty Ins2tvntent.Lendes ms►y give Borroiver a noti�identtfying the lien. Borrower shall satisfy the tien or take ona or � y, .
<br /> mort of the actians set forth a6rnc cvithin 10 dnys of[he giving of nosiaz. �
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