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<br /> Tl�Cil:9'llliK WI`C61 all �hc ii»pr��vcnzcntn n�}�v ur Itci'r.�ftcr crectc�l on i<<c pn,prrty. .uid idl c;�scrnants. ri�ht�, •_-
<br /> n��purtcnances,rcnts,royaltics,mincrid,uil mtd gas righis nnd pmfits, �vntcr rlghts unct st��ck�nd all fixturr.s nn�v u�•Itcn:aRar n
<br /> part oP tl�r prnperry. All repluccmenls and n�d'►uons sh�ll also bc covcrcd by this Sccuri►y Instrun�cnt. All uf th� fi�rcbnin�{ ir�
<br /> �eii:�i�:i.t!ti this�ecur�!�!='-dlruntrnt nc 11iC"NroncrlY."
<br /> g(]RRn�VeR COl�6NANTS�hat Uurrrnvcr is Imvfully sciscd oi ohe cstutc hcrcby convcycd nnd has tha riuht [o grmtt rattcl
<br /> convcy thc Proper[y md that dic Proporiy fs tuicncumbcrGJ, �xcept for cucumbeanccs uf rcrord. Rormwor wnrrant�and wiU �_
<br /> dcfcnd gcncridly thc titic to�hc Properry ugalnst+ill claim�►ni�d dcmm�ds, subject to any cncumbranccs of rca�rd.
<br /> t, i'ayment of Principal, Intr.r�st u��d I�ate ChArge.Borrower shall pay �vhen dua tht�principal of.ancl in4erest on, thc
<br /> dcbt evidenccd by the Nutc�nd late chnrges due undcr the Nntc.
<br /> 2. Monthly Payment oP Twxe.v, Insurance And Other Charges. Borrotiver shull includo in cach montltly p�ymt�nt,
<br /> togetliar with the principal And interest as set fonii in the Note and Any late chnrges, u sum for(n)taxes and sperinl nrscssmontc
<br /> levicd ur to bc Icvicd uguinst the Properiy, (b) ��+«�old payments or ground Mnts on the Propeny, ana t�l p�tim�tima• fbr
<br /> insurancc rcquirut wxler paragraph 4. In n�y your in wl►ich the Lendcr �tn�st p�y u mortgage insur►nce pi�minm.to the
<br /> Secreta�y of Housing and Urban Development("Sr.emtnry")��r in:u�y yenr in�vhich such premium woulcl h��vo been requirr�ci if
<br /> Lcndcr still held thc Security Instrument. cnch ntmitl�ly payment shall alsa includc cither: (i)a sum for tha annual mortgage
<br /> insurance premium to[�e�aid by�.ender tn the Secrett+ry, or(ip n monthly chnr�e instend of a fmortgaIIe insuran�c%�r j�r Tmiie
<br /> this Su:urity lnstrument is hcld by tlia Secretnry, in n reasunable amount to tse detr.rmined b� ther Secretary. A
<br /> mnnthly charge by thu ScereturY.these items Ar�culled"Escrow Items"An d t hG sums pai d t n T..e ndnr are cnlled"Escmw Fureds."
<br /> I.ender mny,at any time,collect and hold umounls for Escrow Itcros in an aggregate umount nat ta exceed d�o mnximum
<br /> anwuqt that muy bc rcquirr,d for Borrowcr's escrow account undcr the Rea! Eswte Scttlement Procedu�s Act of. y974, 12
<br /> U.S.C. 5ectiun 7.601 er seq. and implemcnting regulntions, 2Q CFR Purt 3500, as thcy may be amendod from�tlmu t�n cime
<br /> ("RESPA").except thut the cust�ion or reserve pennitted by RFSPA for unanticipated disbursements or disUur'..�em�tte:;�efore
<br /> the Aorrower's puymcnis are avniluble in the account may uot be based on cunowus due for the mortga�e inFAU�nce premium.
<br /> iF Ilie :►mounts held by [.endur for Escrow Items exca�the a►nounts permitted to be held by RESPA, l.ender shall deal
<br /> wiih ii�c cwi:c�s �ar�s as r"'...iuis�.s, F��np. if thc nmounts of funds held by Lendar nt nny timc nre nut sufflcicnt to pa,y�he
<br /> Esero�v [tems whan,due, l.enci�r mny nottfy tho Borrower and require &►rro�ver w mAF:h up the sllonage or deficic�icy u�
<br /> pemtitEed by RESf'A,
<br /> The Escrow Funds are pledged ns ndditianfll security for all sums sec:ured by this Secudty�lnsu'ument. If aorrower temters ,
<br /> to I�:»dr.�r the full puyment of nll such sums, 8urrower s account shnll bc credited with the balance remaining for all installment
<br /> iterns���e^, �U), and (c)and any mortgage insu�uncc premium installment the,t I.ende�r has not become obligntcxl to pry to th�
<br /> Sxcreiary. und I.enttur shall proiuptly refund anp excess funds tu Bc�rro�v.�r, Immatiutcip prior tn A,f�reclosure sale of tli� ,
<br /> Piopert��or its acquif�tion by Lender, �3orro�ver's account shall!�e credited �vid�any balance remRinfnF�far ull installments for
<br /> items(a). (b).aixl(c).
<br /> 3.Appii¢ption of Faymmrto..�.�I paymcnts under paragraphs 1 and 2 shalt bc appltai by Lendtr as follaws:
<br /> First.to thc mortgt►gc insurance premium to be paid by I.endcr to the Soerctnry or to tlie monthly charge by thc Sa:ret�ry
<br /> in:tead of thc�xwnth►y mortgage insurance premium;
<br /> Secaxl,to uny ccuccs,snecial�ssessmcnts, lensei�old payn�ents or ground renn,c�nd�►�, tlood and other hara��l insurance
<br /> premiiims,as required:
<br /> 'T{iird,to i�tcrest due undcr the Notc;
<br /> Fou��th,to nrm�3tir�ition of thc principal of ttrc Note;
<br /> Fiflh,to I�t�ch7rges due under the Note.
<br /> ���t'RINE) Popn s o�a
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