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<br /> 7'q(il:IH�R Wlf H stll Ihe iwp�u�•iii��is iwuu or h:re.:Rec ecectCd on tl►e�n�+etly,a�x1 all�cau�uxnts,appurteuaac.a,�ux1 L-
<br /> C�ztur�:s �ww or hercaftrr � {+art of the prc�pcn}•. All repla�:cimnt9 u►J �iditions shali also bs co�ered by a�is Sc+�u�ity c=
<br /> 'Iwautucttt. All of thc f��cc�aing ia refern:�1 tu in this 5c�urity Inocrument as the 'Ptapeny." _-
<br /> BORROWflR COV ENANTS that Barrouer is liwfully seisai o:tho esuto hc:ebY c����Y����risht to�rant and F
<br /> ���.�Y � ��ny � t�t the property is uactuumbered, exct{u for encuiubr�ncrs of recora. Borrowcr wartants and will G
<br /> defetki�cncnlly the titk to thr P�vY�+ery��inst�1 cl�iws�d ckm�r.d+.subjcct►��ny encumbrance�o�reoa�d. �_:.
<br /> TF:[5 SEt:UkITY 1N5TRUMnNT combiu�s uniforw coLen�uts for nuional use an�1 non-unifonn wves�.utta with limiu:ri
<br /> vuiatiwis Dy jurisdictloa co coiuticuse a unifonu securiry instnu��nt eoeeriaQ real propeny. �
<br /> UNI�ORM COV6NANTS.Borrower and L.ender covenant uul arroo n�follows:
<br />' 1. Wyuxsat d�'riactp�l and Wtesat� ['rePo!'ateat xad Lste CborR,ea. Borrower shal} prou�tly pay when due ths _
<br /> principal of and inter�st oa the dc�t evidctued by the Ntue u�d anY PnWY��1��T��duc wuler thc Notc. _
<br /> 2. �.y���7�Ces apd Insur�uce. Subject to applic�ble I�w or to�written w�iver by l�lor. Borcower shull pay to =
<br /> Letuk�on th�day moutl�IY WY���d��r the Note.until the Nou is paId in fiill.a sum("Fw��s')for: (�?Y��;r taxcc =
<br /> azuf�suumeau which msy ucaln priority ovcr this Securiry Inrarumcnt as a lien on the Prop�rty:(b)Yearly lca�ald papme�ta
<br /> or g�o�ad rents oa tiu rrope�ty�ii�,�y:(c)l'essl;hnzard or nrooerty iasurtisce ncemiums:(d)Ycarly flood insur�aca premium�,
<br /> if any: (e)Yeu�Y mwtga8c�psurar�e pnm��s. if auY: � (��Y �PaY�le by Borrower to Lender, u�a�cordAncA u�ith
<br />, tbe provisioas of par�raph 8. ia lieu of tho prymeat of mort�age insuruue prea�iums.71use i�ems are c�l�c�d��row Items.'
<br />: L,eader puy. �t u�y tiau,colloct and hold Funds in at� amount not to exaod the maximum amount a lendcr for a f�tlarsllu —
<br /> related mortg�e toaa asay require for Borrower'y ucrow accouat under the feder�l Real Fstate Settlemwt Ptner�ure9 Act of _
<br />' 1974 as amea�od fma�dme to tltne, 12 U.S.C. Section 2601 et stq.("RESPA').unless uiad��r law that applias to tha Ftutds _
<br /> sets a lesser amount.If so� LaKler may, u u�y time, oollect aud hold F1�ads ia m a�nouat not to exccod the less�r aaxwat• _
<br /> Leader may rsiimue the sunouut of Fuads due on the basis of ewreat dat�and resconablo estimates of exPcad.ituns of futuce =
<br />- �sctow Items or otherwise in aocordusce witA applicable law. -
<br /> The Funds shall be held in an institutioa wtwse dcposics are iasured by a fedcra] aSat�cY, instnimentulity, or entiry
<br />; (includiag Lc�ulet.if L.ender is wch an insticution)or in any Foderal Hom[.oan Baalc.Lsnder s1�a11 apply Wa Funda to pny tho
<br /> Escrow Items. I.esukr may aot charge Borrowu for holding u�d applying the Funds. aanualiy analyzing tha acsow�xaunt�or
<br /> v�[�,�g the Escrow Items.unless I.eader p�ys Borrowu interat oa tho Funds u�d applicable l�w pe�vRitu L�eadur tu maSce such
<br /> a chuge. However,Leacier uiay require Bortowu to pay�one-time chargo for an indtpeadant real atato tux reportiug se�'�ce
<br /> usod by Lender ia canuection with this lou�. ualess applicable l�w provides othenvisa. Unless an agceemrnl 1s made or
<br /> applicable luw re�uircs interest co be Paid.i�nder sha11 not be n4tuted ta Pay��OWCr any�ntetat or camings on the Funds.
<br /> gorrowe�.aad[�ader may agree in writing.hawever.thu intereu s1u11 be pald oa Wa Fuads. Leador shall give to Borrower.
<br /> without charge. �anaual accounting of the Funds,showing credita wd debits to the Funds aud tl�o purpase for which each
<br /> �t to the Ftwds was mxio. The Funds ue pledged as�dditiona]saa�tity for all sunas secund b}�this Secutity Luuumeat•
<br /> If the Fuads held by Lcader enceed tLe amounts petmitted to be held bY apP3fcable law.i.sader s1w11 aoc�avat to Borrower
<br /> for the exoess Funds ia accordwce wuh the re4uirements of applicablo law. If[he amount of tho Ftiuxls held by Lcador ac any
<br /> tisae is not svfftcient to pay the Fscmw Ucros whea due.Leadcr may aa notify Borrower in wxiting.�ad,in wcb case Bo��u
<br /> shali pay to I.wder tho anwunt necessaxti to make up the deficioacy.Bartowet st�uil make u}t tS�deficieacY in no mone thsa
<br /> twelve moathlY P�Y��•� Lsader's sole discreiion. ^ •.� * e .� �v .rfi�nd r�Bnrrower aay .
<br />= UP�n PaYmcat ia fuu of ui sams sa�uod'oY ti�is�,u�.. .�..-•"c:�.:,it I.�3�� g."��!. -=---
<br /> Funds held by Lender. If,under paragrsph 21. I.eadcr s1�11 acquire or sell We Asopaty,Lender.prior w the acquisltlo�or sal„
<br /> of the Propercy.sh�ll apply any Fuads Ytr�rl by I.eader at the tima af�a�oquisitiai or s�lu as a c�rodit�ainst the sumt secured by
<br /> this Socuriry Iastrumeat.
<br /> 3.Appiication of Y�ymmts.Unless applicable Isw provides othervvist.all paymeats roceived by L�caaer utsider Pu�apl�s
<br /> 1 aad 2 sha11 be applied:fust.w wY P�Y���due under the Nou�sxoad�to amounts piy�ble vader pac�graph 2;
<br /> third,to interest due;fourth, w principal due:wd la�, to any l�to cbarges due under the Nou.
<br /> 4.Ctisrees;Le�s.Borrowu s�t�p�y all tua, assessm:ass,char8es.fines aad imposiuons attn'b�sable to the Propercy
<br /> whicl��sy �ttain priority over this S�nciry Instniment.aad leau�vid pryma►ts or ground renis, if aay. Borrowa shall P�Y
<br /> these obligations in the irau�er pmvide3 in paragraph 2,or if not p«id in thai m�ner,Borrowu s1�aU pay them oa time dirxtly
<br /> to the pason owed paya�. Borrower st�all prnmpUy fumish to Lender all naices of amounts to be paid under this par�raph.
<br /> If Borrower mak�c these pa}z�ents dinxz2y,Borrower shall prous�tlp furaish W L�eud+er reaipts evideacing tbe paYmeats•
<br /> gormvrer sh�ll promptly dise�ne�y lien whicli has priozicy o�er this Security ins�wneut ualess Borrowa:(a)s�gc�es ia
<br /> writing to tbe paymeat of the obligat�a�s��d by ttue lien in s m�ur�er�tamk W I�eader;,(,U�contests in good faiih the liea
<br /> by, or defeads against enfommeat af t�e liea iu.Lta�l proaatinBs which in the I.eader's cspinion operate to prevau the
<br /> enforcemeat of the liea;or(c)soaues fr�m the IuxF�C of the lim an agreemeat satisf�ctory to I,eader subonlinatinB the 1im co
<br /> this Security Iastn�meut.If I.encier desermi�es tTaat�t.y part of the Property is subjax to a liea which may aitaia priority ova
<br /> tlus Security t��r••,,T,�r•,Lendar may gi�e Horrower�notice identif�ing tlu lien.Borrower shall satisfy th4lien or talce one or
<br /> more of the xtions set forth above w istsi�IO days of the givinE of no6ce.
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