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<br /> '' 'j'���1H�i1{i�l�t�[OYp1�S f10W 11[.1k!!�Q1�OC1ld O�t�IG��11QGt[y.�i�l'�SC1�EilIS.iQQIt�CTI�[IOCS. =
<br /> ' apd fiatiaes noMr ar heraifter s pnt of tlx pnuperty. AU.�pt�cemeot.s�d addirians siull�tso be covmed 6y dtis Setutity �
<br /> � Aq of ttre fae�oir�g is refetred to in tlds Sa�uatY(�o�un�a�as the"Pnnpecty." ;, . _ <
<br /> BOR1tOWE�R O�VENAN7'S tNst BoRO�rer is IawfWiy seised of the esata hatby conveyed ard l�as the right eo��
<br /> mmd cuayey tite PtopRty a�d dat tht Ptopeny is wiernweber�d.eXCept far enc�mbadces of rocad Btxmwer wartants and
<br /> --�- -- .irib defeqd�aitY�he nde w tAe Pt+opecty against ali cpims aod dem�nds.subjea w any ercum6�ance�of remcd. `
<br /> 't'HiS`SECtJ.Rri`Y'INSTRiiMEN'!'combina wufomt cover�ts fo�o�tiao�t eisc�ud�iftKm mvaunts witfi --
<br /> . • 1i�ted vuiations by jurisdiction w constitute a iinifam sec�aity�t wv�ing�eat p�opecty. ' . �
<br /> tJN�RM Q�YENAM'S. Bat�uwer and I.ender�eoyenant and ag�ee ac fdlows:
<br /> L !l��we�t o�Pri�!a�d I�:A'eN7weM a�d LNe Cl�ari�s• Boauxrer sl�t!ptumptlY P�Y w'�due the.
<br /> .• prioc af and interest an�he debt evrdenced 6y the Ha[e a�rd mY P�paymeat u�d ttue cweges due ander�he Nae.
<br /> '.'� ��L�d t�s.7i��es aM L�rucG Subjoct to x�bk tiw vrto a vmetea waivec by l,ender.Boirowa sNall pa►y w .
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<br /> l.etder an 16c daY mo�thlY 4aY�+c�s�re due wyder U� orc.�mtii tUe No�e is paid in fn11.a san t"F�ds"1 fvr:(a)Y�Y
<br /> =� pueea aMassessmenl.t wliid[nsay attam p�iaritY over.this Security fnsomaaent as a IieA on the PtqpertY,(63 Y�Y le�sel�old
<br />:*�- p►yroents or�au�d_raw oR the Ptape�ty. if any;�tc3,ycariy!�d ov pcapaty sns�aan�x Pmaniums, td�YeutY flood
<br />= i�suc�ce poemiutns.if any,(e)Y�Y�8�8e iuswuise psanitmu.ef_a�,ud(t)anY swns P�l'able 6Y Barower to
<br />' Leadec.i�sc�witb the�ptavisians of par��pE�8:�in iitu oi thc paymeat of morigage inwr�nc�prem�was. These- .
<br />�-t,� ittat�atie ca!!ed°Esaow tums." Lender may.at Any rime.collect ain3 Iwld Fvn��n aa amwnt not ta eacced ttie mauimum
<br /> anwunt s tender fa a feder�lly rpiatod moctgage loan may�+ec►uire for Bomnwer�s escnaw accaint under the fodenl.Rat,
<br /> F�tate Se�meat ptocoducies Act of 1974 as amendod from time ta tim�.12 US:C�2601 et s�q.("RESPA").unless arother
<br /> taw tb�,t�pplies to thc Funds seu s►lesser�rt�omt. if so I.ender ma�r.at any ti�wltect and hold Funds u►an amount aot to�
<br /> eaceed the lesser�nwutu. I.ender may estuaate ttie a�p�mt of�imds due on the i�asis of cut[ent dafa and n�sanabk _
<br /> �stimates of expCditiaes of futune Fscrow Items bc athawise 6m aaar6�oca with applicablt bw.
<br />�:• 'Ilre Fvnds slult 6e held in an institutiaa whose deposits are insu�rd 6Y a foderat aga�cy.a�suamenwlity.or entiry
<br /> - tincluding l..ende�if l.ender is such an inrtitu6oa)ar in�ny Fode�al Hame Lmn Hudc. Lender sbali appty the Fi�qds to PsY ==--
<br /> � the Fscrow Ite�nc. I.reMar may not charge Borrowa for holding and applying t6e Funds.aaaually anatyzir�g the escrow ____
<br /> accatn�or verifyiag tbe Bsctow Items.unless Lender pays Borrawer interest mn the Fvnds and applicable lav�r permi�s ' ��
<br /> � Leader to euake sacl�a ci�uge. However.LetKler may re4wre Sonuwer w�Y a ane-time�charge for an independedt ieal . %��-
<br /> = estate tax re�n8 secvic�used by Lender in connec6on witb this Iaaa.unless applicabk taw provides othenvise. Uniess an =>,��_.
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<br /> -= agree�rymt i4 made.or.applicable law reqai�es interest to be paid Lender shall cat be nquired to pay Borrower any imerest ot ��=--
<br /> '�^ eannia�aa the Rt�d.s..Bc�rower and Lendes may agree in wnung.hawever,tbat interest stiaU be gaid on the Funds. Lender ;cz=.:��;�:.
<br /> �'� sbalB g"�e to Sortower,without charge.an annual accounbng of the Funds.s6owing credits and debiu w thz Funds and the `"t`�.�
<br /> , '}'. . p�apose for.whieh each debit to the Funds was made. 7he Pimds aze ptedged as aAditional security for a13 s�nss secured tiy L�.�_` —
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<br /> ' � If t6e Fuads heM by Lender exceed the amounts perrai+tta�to'be hetd by applica6le�-�;L.ender�shall account to _.=_.�-.,--_
<br /> '- - Homnwer for the excess P�mds in accordance with the reQuir�ents uf aPPUcabl�iaw. if�:�aunt of the Fundc he2d 6� ��e„�:
<br /> - � -•. � L�ender at any time is na��sufficient to pay the Esctow Tt�ns when d�ue.Lendec may s�i aa�:%:i�q Borrower in wriring.and.in �-;.
<br /> Borrower shalt malce the •.:,�.>f^---�
<br /> i �; : such case Barower sha19 pay to Lender the amau�:t necessary to n�alce up�d�e�esicy. QP ,,,.:.-,�,,_,.
<br /> {f:;.: de6ciency in no mooe diaii•tw�lve monthly payments.a¢Ler.�s�s sa�Ie�scr�i4� � '.;:;;�:_-�::
<br /> . ':Y�.',.•. � nt in fvtl of all sums secured by thr Sec�tty taas'tsumeraa L.ender shall pcomptly nfund to Borrower any -
<br /> ; ,� ,;.;, UWn PaYme
<br /> � •r�� `�:., Funds hetd by Lender. If.under paragraph 21.Lender shall acqu�a�vr sell the Aroperty.Lender.prior to the acquisition or . - .
<br /> jK, .! j����_�_ sale oS.tF.c Roperty,shall appty any Funds held by i.ender at ttie time of acquisition or sate as a credit against the sums _ _ -
<br /> �;�u' �-_-� securedby tliis 5ecurity Instrument.
<br /> . . ; Applicallon o�pf�yments. Unless appti��5k law provides atherwise.all paymenis received by Lender un�ler . .
<br /> •r paragraphs 1 and 2 shall be appiied:firs�to any prepayment charges due under the Note:sewnd.to amounts payabte under �
<br /> .,,.
<br /> x paragrYpbe�t��o interest due:founh.to principas dtte:and tast,to any tate charges due under tAe Note.
<br /> 8. D . .
<br /> :�+�':� a.. Liens. Borrower sha}1 pay at#taxes.assessssKnts.charges.fu�es and impositions amibutable to the .
<br /> �;'?'� � pcopeicy,w�ch may„auain priority oves�is Secu�y'Iastrument.and Ieasehold payments or ground rents.i!ai�y..�orrower . • ..
<br /> .i���?:�,.. shall�►Y i�.ese abligations in the ma;�r�provide,9 nr�paragrapb 2,or if not paid in that manner.8orrower shatl pay tdem on ,
<br /> �; ,�;'�,, 'time ditectly to the pec�ae owed paymz��. Bot�rax�,:�all prampdY fumish ta tier,rder all notices of amwnts ro be paid under ,.�•,. �
<br /> :�;�'T';;�;.�� this par�gpa�h. If Bcscza�•r makes sl�se paymer:s�x�etJy.Bor�ower sha!i�r.;r:nplly fumish to Lender receipts evidencing , ���: .. .
<br /> ,,.;,�• . � ; , ,•.
<br /> . ,�., , the payraan.s. •
<br /> . B�;s�o�ver shall promytly discharge any lien which hav pri��i��°�tier tbis Security Inswment untess Borrower.(a)agrees
<br /> .;z' in writi:sg to the payment of the obligation secured by t�e lien ir.�uz�:e�'acceptable ta Lender:(b)concests ip good faiih the ,�' .,. :.
<br /> _ --,�:- ; '-:, lien by,a defends agzsr�st enforcement of the lien ecr..te8a1 praee�.��s which in the Lender's opinion oper:�n:to prevent the
<br /> . enforcement of the liem:or(c)secures from the ho:�:r of the lien an agreemec�c sa(isfactory to Lender sutrQ�:lating the lien i� ,
<br /> � ,;'.„�: � . ° to this Security Instrutr-,ent. IP Lender determines that any paz1 of the Propersy�us subject to a lien which rita�adain pr"cority . '
<br /> " Y.,� .• over thi�Securlty lnsW ment.Len�r�ay givc Borrower�+notice identifying the 1ien. Borrawer shall satisfy the lien or Wi�:. _ �� ..�
<br /> �; � •�..^
<br /> onc ot mare of the actions set farti:2[sa�e within 10 days of the giving of notice. '�'
<br /> r.,r, „,.:= 5, H9rard or Yraperty Ins�sznca Borrower sh�ll keep the�mprovemes�ts now_xys!�rg or hereafter erected on the I ;
<br /> "''�_•`.�••�'`:�'� ° Roperty insured agaiasE:�oss by fire.hazards inct;,�A within the tem�"extended covera�a`;�rl any other hazards.including ' ' ;;?s'��
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<br /> '� �a,•,. � �:: fluods or flaoding.�x�:hich Lender requires i�:ar�.^.ec. Thia insurance shx�'!tie ma'��,ia:d in the amounts and for the 1: . � �:�',;�,�
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