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<br /> .,�; TQ�'.3EftiER PlYTI3 al!tE�improLemenis aow a�Pter�aR�er�cted o»the prngerty.aRd a!1 easements.appurtenuuses.rmd --
<br /> fixt�res t�oa or t�er�,aP.es n part of the pro�erty. All repdaseu�ts a�d udd[tions shall also 6e rove.�d by this Securiry
<br /> f, Inswmsnt.All of the foregoing is ecferrad to i�this S�airity Instna�ent�.s the°Fccperty." _
<br /> B�RgtO�ITER COVENAI3TS thac Boreower is lawfiilly seisad of the�tate her�hy conveyc�t and h�s th�right w grant aAd -
<br /> canvey th�p¢ioperty and dtat t�te ET�'ogerry es u�encur�bered. eaoept for encumbrances of reoord. �nrmwer wnrranis aad will -
<br /> ` defend geaeraf3y ti�c dite to the Froperry against a11 ciaaffis aad d�raands,subject to any encvmhranoes of rer�ni.
<br /> r THiS SECUEtI7'Y INSTRUMEI�iT combines unifom►covenants for national use and noa-uniform cavenar►ts with Lmited
<br /> variations by ju�isdic�ion to oonstiwte a unafo:m security insuument covering�eal property _
<br /> UNffORNI COVENANTS.Borrower nr.d Lender caven3ut und ngree sis folEo�vs: -
<br /> �,• 1. Pay�ttent oi Principa!and Enier�t; Pz'e�ymEUt an� �te Cha�es. Borrower shall promptly pay �vhen due the _
<br /> ' prirs6pal of an�uatemst on thc debt evidenced by the Note ar�d a�r prepayment and late charges due under the Note. -
<br /> 2. Fuads for Tuses and Irsura�ce.Subject to appGrable law ar to a written aaiver by Lender. Borrower s6a11 pay to
<br /> .�� Lender on the day monthly payments are due und:r the Note.u�m7 the Note is paid in ful1.a sum(°Femds")for.(a)yeariy taxes
<br /> aud s�es��*ents w�ich my suain priority over this Secvsity Instrument as a li�n on the Property;(b)yearlY leasehold�ayufems
<br /> or groJnd rents on the Praperty.if any;(c)Ye2r1Y ha��rd or P�P�Y�'�►ce premiums:(�Yearly flood insaranoe premiums. _
<br />�°;.t if anY>(e);early mortgage ins �prEmiwns. if aay:and(fl anY sums PaYable by Sorrower to Lender. in accardnnsz with -_-
<br /> ' the provisions 4f pa*agraph 8. in lieu of the payment of mortgage insurance premiums.T'hese items are calted°Escrow Items.' -_
<br /> ��:;,i Leuder may, ai nny time, coltect and hold E�s in an amaunt nat to eaoeed the mzP.imum aznount a tender for a fedetally -
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<br /> . .�s� rei�d mortgag�loan may require for Borrawer's escrnw account under the fede►al Real Estate S�ettiement Procedwes Aci of
<br /> •F;t`' 19?4 as amended from time to time. 12 U.S.C.Se�ion 2601 et seq.(°RESPA°).wiles.T an�tlterl�r that app3ies to the Funds .—
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<br /> set�s�tesser amau.�i. ff so, i.�der may. at any time, ooUee2 and hn{d Funds in an w�v�nt noi to exc�th2(esser nmount.
<br /> !�r ` � Leader may estimfiie ths amount of Funds dae on the @a�cf cvrrcnt d�and reasoaabte estimates of expendiuues af futnre —
<br /> , Escrow Iiems ar atit�rnise in accocdanee with applicable L�v..
<br /> The Funds�all be h�ld in an instimaon who� d€�a�ts are'sr�.�ared by a federal agency. instrumentafity, ar e�tityt
<br /> (including Lender.if Lender is sucR an institution)or im a»y�I`e4era!Eiome Loaa Bank.Leader st�aq appty ths Fus�[n��ay fhe
<br /> .. �ss7nw Items.l.e�der may nnt cha:ge Borrower for holdnt�and applying the Funds.annually analyzing the ess�nwrar.ount,or —
<br />` ;::��,` vErifying the Bscraw Items.untess Lender pr:ys.�errower interest on the Funds aad applicable!aw pennits Len��r ftr make such �
<br />`��``�� a charge. However.[xader may require Hormwer to pay a oao-time char�e for an independent raal csrnie tax rc�wrting servicc
<br /> ';�1,. � used by L,ender in connectian with this tff�, unless applicable law pmvides atherwis�e. Unless an.agreemrnt is made or —
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<br />��'`? ' appllcable law requires interest to be paid,Lender s6aI1 not be required to pay Bosro�vrs any interest Ur earnings on the Fuads. __
<br /> � Borrower and L.ender maY nga�fn�rrtting,hawever,th�t interest sh�ll be paid�an ibp Funds. Lzrr.3�r shall give to Barrower.
<br /> ,;•'�;',., widwut charge,an annual aco�c�ting af ffte Funds. �howing credits and debits to t1r��?a;nsls an�thr3 pmpose bit wluch eac6
<br /> •�.rY dabit to the Fwr.ls was made.Tt�e Funds ara�rL�lge�i as addf#innal securlty for ail sums secured by�rF�;�ecurit4 G�umeat.
<br /> •`.�{s .::..; If the Fdii!�:�.is�d by Lender eace�the,rtt}�unts perauitod to 62�h�#!f.by applicai�le law.Lani:��i:�11 ar,�uni.w Borruc��ec: .. —
<br /> , , t�u.che excess IP'i:;�ds in accorc�ance with the reqairem.°nts afapplicabte`iaw.If the amount of ttme�.Kc�s Iield 8y Le�d�r af��• .
<br /> � �'t�.�not sufficient W pay the Escrow Items when due.Ler=er may so nodfy Borrower in writin�,and,in sucli�~�porrovrer'
<br /> sb�pay to Lender the amount necessary to ma�se up th��fictency. Bortower shall make u�r t)nz�eficiency ui�rs�it}ore thaa
<br /> `�.:���`. tarelve monthty paycaents.at Lender's sole d�screuon. � •
<br /> ••� Ugon paymsnt in fiill of all sums secvred by this Security.Insuument. Lender shall gr�r�i�cefund to Borrowee ariy�•
<br /> � Fnnds held by i.ender.If.under paragraph 21.I.ender shal!acquire or sell the Property,L�.z��.�c�.2o the acc�i�,:$on or sate --
<br /> ' of ths Property.s6a11 appSSt���aj•Funds held by Leader ax.d�:time of acqvisidon or sa1c�crs�a��red;-t�against the s��tis��ec�r�d by
<br /> ` tl�is Secarity Insmtment. • � .
<br /> 3.Applfeuti�n of Pf�yments.lTnless applicable law p;�vIdes othesivise,all payments received+.''r�" Lender under paragcagh;�.•:
<br /> .'..;�;j: i and 2 shall be�.s��l.ied:first.to any prepaym�nt char�es due under the�lote:secand,to amount��.�able under pa�ugaFi���.
<br /> third,to intemss dbe;faurth,to principal due;and lust,tu azry late charges due under[he Note. . _
<br /> '"�' � 4.Cha�gcq;Ltea9.Borrower shall pay al1 taxes.a:€essments.chatges.fines and imposirions attributa6te avtit�:Fr4perry
<br />� :.';s� which may att.�in priority.over this Sewrity Instrurr�nt;�+d leasehold pay�nts or ground rents.i�suay. $ottu^itcar shalt pay f "
<br /> � `''�g� these oUligadons•in the manner provided in puagraph 2.rr if not paid in that manner.Borrower sP;sl�L,�►thein aa�ttme directiy --
<br /> ,,.��.'3� to the pc�n owed payment.Boaower sh41�.q��mptly fumisR t,o I.ender all notices of amounts io i;�-�ioir��.��de�thls paiagraph. �
<br /> � �'' If Bornuwer maf;d.^�.ihese payments directly,l�r�ez'ower shaU promptly fumish to Lender receipts evi ��;.g the payments. —
<br /> ;.;.�, $orrowea?il�prompt{y discharge any lien whicb��s priority aver this Searrity Instniment unless Eorrou-a;.�:(a)agraes in
<br /> ; � wridng w the pa3�ent of th.«i:ligAtion secvred by the lica in a manner acceptable ta 1':�sider.(b)contests in garadh f.aith the lim
<br /> :�•.,.#:� � by. or defend�s�ainst enforceinent o€the lien in, legs4�iooeedings �Hhlch im t�e•C�nder's aF�,�n a{set�*�tv pn�vent t�e
<br /> ' �< enforcxtnent of khe lien;or(c)secures from the holder of the lien an�.rr.�eat satisfactory to[�:t:i�r�s�bordinating the lie�in� .
<br /> this Security lnstnunent.If l�nder determines that any part of the Prc�}r is subject to a lien�c:l�'rda snay attain.priority over
<br /> .�� :. this Security Insuument.I.enGer may give Borrower a not�r.e idendfyins the lien.Bonower shall satisfy the tii:it:+.r take one or —
<br /> �. � �nme of the actions set forth above within 10 days of die��:ng of aoGce. �
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