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<br /> '1 U01?TFi�lt�VI�i� nll the im�ruvements notv or heeeaRer ere,ctcd on the prnr�rty, and all easements,nppurtennnces,aad
<br /> fixeut'cs nor� o� hr.r.:�ftc►• n part ��f thc prnrisrty. All rcpluccments and asicli�ions shull al�o l�c covcrcd by IEdti 5rcurity ;
<br /> :tt.:llir�lt:. 1�11�.f 1�:�FCFeaO:ao is�efQ�r�!to!„tlii��c,_srlt,rnst���ir.ent�s th? °Q��^"!y�'."
<br /> BORkO`NG�R�C4�BiVANTS thut Borrowcr is lawfitlly seised�f tho estate hercby coi�veyed and I�as the ri�ht to grant and
<br /> carrvey the Property and that the Aropeny is uneneumbered, oxcept for encumbrances of recorcl. IIorrower wnrruntN nnd will
<br /> defenct qenerally the titlo to the Property agalnst ull cluims nnd demands,subject to any encumbrunces of record.
<br /> T�HIS S�CUR[TY INSTRUMENT combines uniforn�wvenants tbr nntional usc nnd non-uni�form cuvennnts with limitect
<br /> vaiiatio��s by jij�•isdietion to constitute a uriform sccurity inst�ument covering reul propc;rty.
<br /> UNIFORM COVENANTS.Borrower nnd Lcncicr covcnant:u�d Asrce as follows:
<br /> 1. Yt�yment nf PrinclE►x1 and Interesh Prepayment and Late Chai�es. Borrower shall psrmptly pay when due tha
<br /> princlpal of und interest on the dcbt cvidenced by the Note and nny prepnyrrent und late charges due under che Notc.
<br /> 2. FYindg for TAxa9 and InsurAnce. Subject to appiicnble law or to a written wt►iver by I..cnder. Barrower shall pay ta
<br /> Lcnder an the day manthly}�ayments are duc under the Note,undl thc Note is paid in full,u sum("Funds")fur: (a)yearly taxe.5
<br /> and as�ssments whlch may aLtain prlarity over this 5ecurity Instrument as a li�n on the[�roperty;(b}ycarly leasehold payments
<br /> or ground rentR on the Property,if Any;(c)ycarly hazard or property insurance premiums;(d)yearly tlood insurance premiums.
<br /> if uny; (e)yearly mortgagc insurance premiums, if any; and(�nny sums payable by Barrowcr to Lender. in accordaace with
<br /> the provisions of pnragraph 8. in lieu of the pnymant of►nortgagc insurance prcmiums. Thcse Items nrc cailcd"Fscrow Items."
<br /> Le»der mny, at any time,collect and hold Fundr, in ar�amount not to eaceed the m�xlmum nmount n I�nder for u fcdemUy
<br /> reluted mortgage loan tna3r require for I3orrower's esc�bw account undcr the federal Real Estate Settlem�nt Pcacaiurr.s Act of
<br /> 1974 as amanded fmm Rime ta timc, 12 U.S.C. Sectiun 2601 et seq. ("ItESPA').unless nuot4�cer law thxt�ppl�es to the runds
<br /> cets a Icsscr�mwuos. ig so, L.cixler may, At any tima, coAlect m�d hold Funds in nn+unount not to exceod the Icsser mt�ount.
<br /> Lcnder mny est8mate d�e aanou�t af�Lnds due on the l�asis of curn:nt data ancl►�sonable estimatcs of expend'ntures af flisurc �
<br /> Escrow Ite�ns t�3•o2herwes�in zccocdance with applic;able lav�.
<br /> The I=uncls shail be held(n m� �nstitution whose deposits are insured by n federnl aficncy, instrumentaUty. or entiry
<br /> (including 1 c;atler.if Lender ia such un institutior�)or in nny Fedcral Home Loan Bunk. LenJce sflall apply tlie Funds to pay tht�
<br /> Escrow Items.I,ender may not charge Bonower for I�olding and�ipplyfng the Funds,unnuaUy flnulyzing the cscraw u�unt,or
<br /> vcrjtying the�scrow Items,unlcss Lcnder pays Bonower interest on thc Funds ar.d applicablG l�w perni9ts T.endcr to mv.k�suah
<br /> a churge.However, I.endee nwy require 9onower ta pay a one-dme charge for nn lndependEnt rea!estnte fez•rr,porting scrviae
<br /> used by Lender in cornn�cNon with this loan. unless apnlicable law prov[des qtherwise. Unless an agrecment is mado or
<br /> applicablr,!Aw requir�s intcrest to be pnfd,I.ender shall not tx:rr.yuircd to pay Bonower eny interest or earnings on ttio�unds.
<br /> Flnrnowcr mmd Lcnder may agrce in wcEting.however,that interest shall be paid an the I�unds.l.cnder shall give to Borrnwr..r�
<br /> witflout ctwrge, an annuu�accounting oT the runds, showing creclita and dobits ea the Funda ancl the pu�7Pose for whiah each
<br /> debit to th�I'unds wns rntn�1e,The Funds nre pledged as additional securiry for all swns socurod by this Security Instrumcnt, �
<br /> If the Funds held by�.ender excecd the amounts psrmitted to be held by�ppltu►ble luw, L.endcr shall account to Burmwe.r
<br /> for the Gxeeas FY�nds in accorclance vni[h thc requiremf:nts of applicable law. If the t+mount�f the Funds hcld by Lendar ut an�� ' -
<br /> time is�iut sufficlent to pay the Escmw:[tems whc��due, Lendcr may so notify Borrower in writing,and,ia such caso Nnnowtr ',
<br /> shall puy to Lender the anxtunt necGSSSUy�ta mak�up the deficicncy. Borrowex shnll niake t�p the deficiency in no mam:x4aai��;�.�:!:�
<br /> twclve rnonthly payments.at Lender'F sole discrctipn. �..`���''
<br /> Upon �yment in full af all sums secured by d�is Security Instn►ment. Lender shal! promptly refund to Borrnwer any
<br /> Funds�wld by I.ender.If, under paregraph 21, I..ender shall acquire ar sell the Propeny.I,endcr,prtor to the ecquisition or�aale
<br /> of rhe Prop�txty, shall apply any FundA 3�eld by Lender at the tinta nf scquisiGon or sa(e as n en.�cilt against tha sums secured by
<br /> this Sccurit�r 3rutrument. �
<br /> • , 3.Applicat�nn ut 7P.uryments. Unless applicablc law providcs o[herwise.nll paymcnts recrivod by[.endcr under p�urn�mphf �
<br /> �. I xnd 2 shsill be applied:��iist,to any prcps►yment chatges due under d�o Notc; secoi�d, to anwunte payable wxier par�rRphi�'.; •:� .
<br /> " ihi�d,to interest due; fo�rth,to princip�l due;snd last,to any late charges due uncicr thc Note. •�
<br /> 4. Qyar�es; Llea�. �or�+ower Afinli,pay a11 taxes,assessments,cha�ges, fines and impositSons actributa6le to the P�r+mricty �
<br /> which nu►y attnin priority over this Security Instrum�ent. arxl leaschald paymet�ts or.ground rents, if eny, Horrower shx�U��Ye,y ,_
<br /> these obfigations in the rr�u�r provida9 in par�graph 2,or if not paid in.that manner,Borrawer shxll pny dkm an time dir�.�tTS�
<br /> to thc person owed paymcr�t. l3orrower shaU prompt]y fumish to Lender all notices of amounts to bc paid.undcr�hta prsu�t�h; �
<br /> If�orroK�r�npices r.hese puymcnts direcNy.Horrower shall proanptly fumish to Lcrxler nxeipt�evidencing U�pAymr�nt0:'.. �
<br /> Bc�rni•�vcr ahall promptly dischurge any lien which has priorlty over this Socucity[nstrum��t unless 13urrowcr:(a)'��zs in
<br /> writing to tht payment of thz abliguticni secured by the lien in u mrmner aa:cptable to[.eixler;(b)contests in�goocl.faith f.��n3len
<br /> by, or defends A�;ainst snforcement of the lien in. legal procexclings wl�ich in dk Lender's opinion opor�t�s•to provent thm
<br /> , enforcemeM of ttx 1�,..-�;�o�r.(�)secures from thc holder of tho lien an xgreement sadsfactory to Ler►der subordir►�ting the llat t�
<br /> this 5ocurity Insttum�nt::J#').:cndar detcrmincs tNat any part of the Propeny is subject tu a licn which may attain priority ov�x �
<br /> . this Sc�curity.lnstrumont,�.cnder ar.ap�ivc�orro�ver u notice identifying the licn. Borrowr.r s1an11 satisfy�ho licn or tskv one or
<br /> more oP che;actions set fot�h aFiove wathii�1Q days of'the giv�ng of noti�e. '
<br /> �onn�128 91Q4
<br /> Fay.�ore
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