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<br /> , TOGEFfIDt WITH a(1 the improvanencs,aw or_herc�iter encced on the pmpeny:and a�l easements.�ppu�t�. , °
<br /> , � . �and 6xtu�rs now or henqftet a part o[Rhe P�P�Y. Ali�ts and additiaas shalf atso be oovecmd�y tlds Sectmc� .
<br /> . �.+��•++�+�r_ AU Qf the fa�egoing is afecred co in this Seavrity Inswmenc as the"P►»petty." �
<br /> -- BORROWPR C�OVENANfS ttru Bi�rtower is TawFully scis�d of�he es[ate t�ehy conveyad aod t�s the rigftttn 8�
<br /> , ard convey the Pmperty uid il�at�hc Propecry�is mpertcumbeneQ except for ena+mbratices oF moN. ��es wasrants and �
<br /> � will defead ga�eralty thc titk to the R�operty�gaitrs��11 cltims aad de�.subject to a�►y t�teumM�es of record.
<br /> TH[S SECURiTY INS'�RUMErTf rnmbines uaitam aoven�u foc nadonal use and nou-unifarm cora�aats witt� .
<br /> �- - IOCOI15i1IUiC8iilBfOiitl�fi -tAS$tt1HCIt�C4YQipb*l�QNQCTI�. ' - ' --
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<br /> ' UN�ORM COVBNA[�Pi'S. Boaower aad t.e�r coveo�nt and agree as foUaws: w6en due tbe .
<br /> ` ` I. g�eat otPfiedp��INhr+es�.�eWJe�t aed Late Crsr�es Bamwer shali P�PUY WY .
<br /> _ pcinctipat of and.ia[c�neSt ue�.the debc evidenced by d�Note and any prepaymeot and late chuges due under the Nate.
<br /> � 2. bl�l�4.�o�.'�tf�esMd�r�ca Subject to applicabte!aw or ta a writtert waiver by I.eader.Barowet sl�aU p�Y to
<br />. I.eata on tt�;day�lutly PaYmrnts are due under the,Noae.unn'I the Nae is paid in full,a surtE t"Fw�ds)for:ta)Y�Y
<br /> � t�uces and assessiactlW,FYbich may attaitt pnoritY over tl�is Security"Msnument a4 a titn an t6e Pcaperty;(b)YrarlY teasehoW
<br /> paymtius or g�oupd:;ienis.o�.dk PbpertY•if any: (c)Y�Y ���P�P�Y insurar�ce p�entiums: (d)�early flood
<br />-- - .irisurana•p�emimns,if aa�;,�e)9�Y �&a8e insunnce pn�iwns.if any:and t�any sums paYabtE Da'Ba�roWer to
<br /> L�Wer.�n accurd�e adtht6e,pravisians of puagraph S.in liea of d�e payment of mongage insura[�ce p�exniums. These
<br />`',r llel!!S 3[C "�Od�'.SC[ONi tIG�IS.° I.C71di:f Ulily A�'d�t II111Ce COIICC['�ItI�IOI()F11AdS Iil JII'J�IOtlIII IIO�ltl CJICCO�f�l.'iI'W1�1111�1I[1
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<br /> -, ama�ant a leader for a federaBy cela�d.mcxtgage[oan may requiee.for Barmwer's cs�ciow account�wider the federal Rea! . y--
<br /> r:c� Fstate Settlement Yrocedures A�ct of 1974 as amended fran ame to ame.12 U.S.C_§2601 et seq.("R�SPA"),untess anatl�er = --
<br /> taw tl�tapplies to the Fund�sets a lesser amoun�.If so,i.eader may,at any time,colloct and ho�d Fwids in an amaunt not to �_
<br /> ��� .excood tlie iessec amou�;,Lender may esdmate the atnowlt of Poads due dn ti�e basis of�current data and seasonabte �.°.-��_
<br /> �:';- espmates of expendiwrer oifawre Escrow items ar othetwise in acco�dance with appGcable taw. ��=-=-r
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<br /> - The Fvnds sAall be i�eld in an iastirotion whose deposits are iaszue8 by a federal agency:in�tcnmentalit�►.or eadty —�__d--�
<br /> `` `� (iacluding Lender.if l.ender is such an institution)or u►any Federni Hame I.oa�t Bank. Leader shail apply the Funds to pay .. __---
<br /> �: the Escmw Items. L�aiay not charge Botrower foc holding and apQlying the Funds,annuaUy anatyxing the esc�ow : �`,�_
<br /> • ���;�,t.�;' ..: account,or�erifyin8 tlxe{��scrow Items.unless [.ender pays Borrower mterest on the�nds and appiicabte taw permits �S
<br /> � ,�r;F: ��r`"° lxnder to malce such a.chatge. However.Lender may require Borrawer to pay a one-time charge for an independent real
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<br /> - . estate t�c ' se,tvice used 6y l.eoder in canucction with thi5.loa�.untess agplicabte law provides otheiwise. Unless an �:�`-�-
<br /> ` �`'"�"�� ` `� "�'�� i.ender shall not be required to pay Barrower any interest or� : �
<br /> �� >.�. �-• agreement is made or applicable law c�quires interest to be paid, • .
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<br /> ,.:. E eamings dn tl�e Funds. Barower and Lender ma a in wnting.however,that interest shall be paid on the Funds. L.cmder ' �. .., ;�
<br /> . ��'�';�'=`��'-;:.;�f � s�a11 give to Boirower.withoui charge,an aunu I�nting of the t3uids.showing cie�ts and debits to the i�nds and the . _;��.
<br /> . v4 `<<,::.. ••:� = p�n p o s e far which each debit to the Funds was made. The Funds ate pledged as additio�l security for all sums secumA by : , ��-�-
<br /> �`•����`?'' ' ttus Security ItlsltutrlettL ' - :s=` � � _ _
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<br /> � if thc Fmn,ds hetd by l.ender exceeA the amaunts permitted ta Ue hetd by applicabte law.Lender shall account to � _�
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<br /> ti +�r !�. Barower Yos�the:excess F�nds in accos�a�ce with the tequiremepts a€apPlicabte law. if the aarount of the E�nds held by ..,.�;.�r� "� _
<br /> . . j�F s"':��,�_,��s��, ; Lender at any-a�me is not sufficient to ga;�the E.sccow It$ms.when�i-.�l.ender may so notify Bomower in writing.and.in ' _
<br /> �'"-�: , � sucb case Bo��swer shall•pay to LenQer ttte amount necessary.to�z7ce�up the deficiency. Borrawer sha11 maJce up ihe ``i •'� �.�
<br /> ��:;'. deficiency in no more than x�trelvc monthiy paymenu.at Lende�s so'_e d'�scTetion. ` ��
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<br /> . '�'<:''�;•`� ' •Y ' uP�PaYment in fu11,of all sams secured by this S�cariry�^nent,Lenc6er shall promptly refund to Ha;mwer any '.�-'�`
<br /> • `\ ' Funds he1d by l.ender. if,pnder paragrapfl 21.Lendcr.sh�aH[2rqucr.ar sell the Property.Lender,prior to the zcgvisition or . �_ :.
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<br /> . . ' • ' sale of the Property.shali apply any Funds held by Lerederat che t�cr.e of acquisition or sale as a e:redic aga:zist the sums , ;::;�, };
<br /> . . . .'`"', secured by this Securiry Instrument. ,
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<br /> � • • , � 3. Applieatbn ot Payments. Unless applicabl¢ law pro�i�es aiherwise.all payments r�.c.:ived by Lender under ' ,,;_,,
<br /> • .�`="�','-:� -� � '�' paragraphs 1 and 2 shall be applied:firs�to any prepayment charges due under the Note;second.to amouats payable under �
<br /> . �:::`�-�"-" �. ' paragraph 2;tbirci,to imer�.`t due:faurth,to principal duat and la.ct,to any late eharges due under the Note., _ ��'-``y
<br /> - 4. Cbarges; Liens. Borrower shall Pay all taxes. asscssments. charges. �nes and impa��o�s afn'�l�uG:ble to thc ' '� .`:;;:a
<br /> • Propert}r widCh may attain prioriry over ihis 5ecurity Instrument.and teasehold payments or gmu�d r�c:ts,if any. Borrower - � -' �
<br /> '�'���'I�. � . shall pay thcse abligations in the manner provided in paragraph�.or iF r�t paid in thai manner.Burrower shall pay them on � �`�s�-.�
<br /> � ���n- � time direcdy to tha person ow e d payment. B orrower s t i a l l p rom p t l y f��3:�t o l.c n d e r a l l n o t i ce s o f a m a u n t s t o b e p a i d un d er •
<br /> ��'•'-�" � ' � this paragraph. If aormwet.makes these payment�dinctly.Borrower•s:�ali prcr_t�-�ty fumish to Lcndcr receipts ev�dencins - =
<br /> ,;��., •' .,_ the payments. ;'• :'' �;�_-
<br /> ".� '�� Horrawer shall promptty discharge any lien which has priority oves c5is Sec�:ri�•:nstrument unless Borrower.(a)agrees , `.;:;;;;�•�'..r�._
<br /> � - �� ' � `"�' in wriNng to the payment of the ablig�tt�t secured by the lien in a manr!er accepra�:e to L.ender.(b)contests i�good faith the , • � - `
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<br /> � lien by.or defends against enfarcemeni of�the lie�in.legal proccedings which irt tFe L,ender's apinion operate to prevent the ; � , ,y
<br /> •° = �enforcement of the lien:or(c)secureF ftmn the haldcr of the lien an agcement sar�sfactory to Le?der subardinating the lien ���:�,'•; • r"�
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<br /> • ' � to this Secudty lnstrumenl. If l.ender determines that any parl of the Property is s:s 6�ec1 to a t:c�ra sv hic h may a t t ain priorit y .;. , , ,;�„_. . .
<br /> . -• ' over this Security Instrumen�Lender may glve Borrowet a nauce identifyin�the Ir`er�. Botrower�'rsail�atisfy the lien or take '';';�:;� '-•• `''�•:'
<br /> �,, _ � � � • one or more of the actions set forth abave within 10 Qays of the givin�of notice. . �•����:' `., :;;�`:~�'�-::•.
<br /> � • S. Hazaed or PropeMy Iasurance. Borrowcr shall keep the rmprovements r.ow existin�or hereafter crected on the ( ,
<br /> . � Properiy insnmd again9l loss by fire.hazards included witAin the cersn"�xtesided eoYerage"and any other hazards,including t'�,,". .�
<br /> ' . ' ' � ' floods or flooding.for.which L.ender requires insuranca. This insuraace sTiait tre mamtained in the amaunts And far the ;,•:, .
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