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<br /> THlS S�CURITY iNSTR�.IMENT comb(rie��unHorm covenants�or r�atlonal use and non•unHorm Covetjants wun �
<br /> i tunit�d varlatkuu by(w�d�tton to constituto a u�ifarrn cocurity Instrument coverinp real Rro�wtY• _
<br /> � UNIFOFiM COVENANTS.Borrower and Lender cav�sni and aqrae as totlows: _
<br />- ( 1.Pt+ymant ot Ptli►clp�l�nd Intaru3;PnP*YmsM and is��Civ�W�w. o�+��wa:shal! �rampH},'F=1'+�!!"�d�-� _
<br /> � ttfa pri�ct�1 at arxi Uttcreat ati tt�.e de�t evklenced by the Nc�tQ e��rc1 anY PrapaYm�ent and late charor�s duo under tha
<br /> , l�t�.
<br /> � 3.Funda ta�Tax�snt!In�wra:�. Subje�ci to appllcable law or to a w�ltten waArar by Lender. Borro+Nar shat!pay -
<br /> ta Londor on tM�s day monthiy payments are due under the Note, u�ttl the Note is pab�i�n fu11, a sum ("�unds")tor: (a)
<br /> yrea�1y taxas an�assess�ne.n�s�vc�ich rslay at'�air ptio:idy ova thls Sacurky InstrumeM as a Ilsn on the Prc+�orty;Ib)YeariY
<br /> � lease?�ofd paymants or ground rents on the Property. H any;(c)yeady hazard or propeity Insur�nco pr'einiums;(d) -
<br />� I yoarty Hood tnsuranca premlums,it any;(e)yeariy mc�rtgage insa�anca premlums,if any,�nd(�any sums pa�yabie by -
<br /> Borrowe�to Le+xler,tn accon�ance with tho provisloru oi paraflraph 8,in Iteu of tho paymont of matgage In�urance
<br /> � pramlums.These aems are called'Fscrrnn+Items.'Lender may,at any time,co�lect and ho�d Funds In an amaunt not to _
<br />,:: '� excee�d the max(mum amount a iondar i�r a federaiiy r�ieci iixH��a�a I�n issay r��utrafor:3arrrnr;,r's a.:cr����ccossni -
<br /> wxierthefederal Real C�Isit�Ssiil�ntAnt f�t4r.rxlur�s Act of 1974 2GSamended fromt►mqtot9rno,12 U.S.C. §�Ot ei
<br /> r�q. �SPAry,ui�les3 an�lhnr law Ih�t�ppll�ts t�tl»�unds sets a lesser amount If so,Ler�de�may,at any 4i�x�,c�11e�.t _
<br />:: ;� niu!h�old Funds tn an r�ino+�nt nat ta axr,etitl tho 18cr,Ar amcw�t.Le�der may estknate the amount af Fw�ds dua on the
<br /> basls o1 r.urr�nt dsta a�xi rc�;�so��able osti�nates of oxpnndlpiroe of futura Escrow Items a othen�ise in ac���ance w�h _
<br /> � �y�}�Ic:al�la law.
<br />, � The Funtis shall be he(d in aji InstiUrtlon whose deposttn�re insa-ed by a federal agen.•y-(ra.rumentaliry,or oniit� -
<br /> ({rlr,iudlnq Lsocler.if I.andr�r issuch an lnstitutlon)or in Rny Federal Home Loan Bank. Lender shal!appty the Funds 4�
<br /> L l
<br /> - �,�e.y tiie Esc�ow Items. l.�nc.fttr i nay not ch�r{��i3nrrc,wor for holding and appiyin�the Funds.annualty anaf��infl the
<br /> oscrow accowit,or v�riiylnrs tizr��curnu 11Ams,unloss lender pays Borrower i�teresrt on the Funds and app�ica��la�v
<br /> permtts Lender to mako suc{t r�charpo.l�lowever,lee�der may requlre Borrower to pay a one-tirtw Ghar�e fcx an
<br />`� tndopender�t real estate tax reFc�ting scY.��ce usod by Le�de�in connectbn with this loan,uNess applicable law
<br /> provides otheNWse.Uniess er�agree���t�made cx appiicable law requires interesi to 6e p�S�,Lender shaU not be
<br /> _ rsquired to pay Borrower�{artterest or eamirgs oc�t'ie Funds.Borrower and Lsnder may agree in writing�however,
<br /> = tha2 Interest shafl be paid cxi the Funds.Lender st�!give to Borrower.withart charge.an aruwat socounting�the
<br /> -= Funds,showving credits an�deF�lts to the Funds anal the purpose tor wl�ich each debft to the Funds was mada The
<br /> 1=tu�ds ar�pladyed as addittonal securityy ior all sums secured by this Security Instrurncnt.
<br /> ����� If the Fuixi�s hdd by Lender exceed the amou�s pem�tted to be hetd by�pp1icabie law. Lender sha!!accaunt to
<br />� 6arrower f�tt;�a exc�ss Funds i�accotdance wiih the requkements af eppi{caisle law.If the amaurtt of the Funds he{d
<br /> � krp'Le�der�Y any time Is not suiflcient to pay the Escaclw ite+ns when due.i.ender may so no�Hy 6orrawer ics wrxi�g,
<br /> u�nd.tn such case Borrv�'e�r shg11 paY to Lsnder the�ma,wnt necessary to make up tha deflcie�y.Bwrowa's�h�rt�ake _
<br /> '- ;�the deli�lency(n no mo�re than twelve mortitNY F�yrments.ai Lender's sote disc�ion.
<br /> Y`� Upon payment tn fuA of all sums secured by this Secu�ity Instrument,Lender shatl pran�ly�eFund to Borto�wer a��y
<br /> °` Funds held by Lerxler.If,under paraQ�a 21.Lender shall acquire or sell the Property,Ler�ei�r,prior to the acquisklon
<br />'�� ax sale of the Prope�ty shall epply any�unds hetd by Lende�at tt�e time ot a�quisltion a saie as 2 credlt apatnsi the
<br />_ �txns secured by this Securiry Instrtunerrt.
<br />�,� 3.Applkatlon of Pa�b. UNess apptkable law provides otherwise,a11 paymer�ts recelved by Lender under
<br /> � F�a1N�F^w i�w:w«w :.��°�'�S tL A.n�t��(Mwur�fatlt f!1tA��fiiR f1118 UIIdAf�lA�B:SBfSOflC�.t0 SIY10U11ZS Q8},8��f)
<br />:—'� ,u,d��o�n 2:�,�a.w uaeres�a�,fo�a;.w�a�i a�:��,co sny ia:e�a�ess a���cr�e nioie.
<br />� 4.C L{ass. Borrower shall pay all taxes.assessrnents,charges,fines and Im�ras�lons atMbidabfe to the
<br />� E�mpeRy��may attaU�prlority over this Securit�{�tnstrumaM.and IeasefioW Payrnar�ts or ground rents.ff any.
<br /> � g�rpwer ghaU pay thesa obilpatlons in the manner provided In ParaSraph 2,or�f noi pald in that tnanner.Borrawer shall
<br /> � paY them on Ume directly to tFie person awed payrrxa�t.Borrower shal!pranptly fumtsh to Lender aN natices of
<br /> _'� arnourrts te be paid iu,der this paragrd�5.lf e«rcwr�ea makes these payme�s dlrectly.socra�wer sttiaY promptiy ft,rNsfi to
<br />—.- . i.+e��der recel�ts evidencing the PaYme�C�.
<br />�' Borrowsr sha11 promptly discharge any lieh v�ir..�has prbrity over this Sec�ity ins�cxr�erR uMess Barratiwer.(a)
<br />�� a9rees In writing to the payrt�ent of the obligat{on s�cured by the Ilen tn a ma�nar aca.�abie to l.ender,(b)co�tests in
<br /> _ �ood fa�h the lien by.or defends agai�st enforcemant of the Aer�tn,leyal proceed(n9s whlclt In tha l.endet's oRtnlon
<br /> °,�� operate t�pre�ve�the e�forcement oi the Oe�:or(c)secures irom the holder af the lion an agreen�eM satlsfa�tory to
<br /> ::� L.enclar s��bordinating the Uen to thts Securiry Ir�stninne�.If LendBr detertnines that aetiy psrt d the Pr is subject to �
<br /> -�� a Iien Wn1cn may a�u,prio�ty o�er this se�uridy I�smunenc,Lender may�ive soRC�wer a r�Iden y��g 4ne ue�.
<br />-�� Borro�wer shail sffi�Sfy thd llen ot take one or more of the aCtions s6t fotth abcve vnYhin 10 days af the�ivi�g oF notlCe.
<br /> ;i • 5.Hazart!or PropeRy insur��tiw. BoRawor sf'tall keep the impnovements now e�ng or hereafter erected at the
<br /> —= Property Insured aSaUut loss by�re.hazards i�wuded within the term'extended coverage`and any ott�haz8rds,
<br /> trw�udln�Aaods ar 1laoding�tor which Lender requires(nsurance.This Insurance sf�adl bo mairnained in the amoutR.s artd
<br />.;°,`� iw the periods that L.ender requlces. �!�e insurance carrier praviding the ittsurance shall be chosen by Botrower sub�t
<br /> rA t.s+�der's approval which�!t r�E�e urueasona�iy wit{�. If Borrawer fai�s to malntatn ooverage described aticn+e.
<br /> — C,onder may�at Lender's e{�x.c�etaln cove►a9e t�protect l.er�ders�hts In ihe Property in accordarrc�v�th
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