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<br /> '' � 'I�O�T'i'kBIt !'JI'I`��all thr, i���psovcments now or h�m.nfter erccted on thc pro�►criY,and all casemenYS,a��uftcnanr�s,nnd
<br /> . 1 f7utu�s naw on c�reaft,er a prurt of the propeiry.kll r�pWcement9 iu��eddi@ons sl�all also ba coverrcA by U�i�Sccurity In:�anz�;►t.
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<br /> j A110t fh0 IOlC,a,U?ilg'iS r�eicnr.t�w u►uun.�wwi�i It'ooGtimt�!°°tf:_���`Y"'"nv"
<br /> � <�� gpRROWBR COVflNAIVTS that Borrower ts lawfulZy seiscd of the estnto hcrcby conveyec➢and has lltc right W gtent t!nd
<br /> � convey tho ptc�perty and tt►at tho Property is unencumbcred, exccpt for eneumbrtu�ces of record. Borrower warrants c+nd will
<br /> ,'� dcfend gcncxaily tho d�la to�ho Property egalnst ell claims and demands,aubJxe W any cncumbranccs of rec�rd.
<br /> ° Ti-IIS SQCUI:Tl'Y II�IS'TftLJT�iN'1'rRmh�nP9 ��niform oovenants for nntionul usc and Ron-unlform covcnnnts with Iimitcd
<br /> :;5�;:•• varistlons by JurLsdlcHon so consHtuta e uniform socuriry in�trumcnt covuing re.�l property. :
<br />_ ;;�,�.� T1NI�ORM COVENANTS.Bo�rower and L.tnder ooveaant and egrca t�v follows:
<br /> _ 1.PAyment uf Priaclp�al und Interest;Prepayment and l.ote Cbar�e�. Dorrowcr shall promptly pay when duc the
<br />,�� principal of end int�rest on the debs evidcncal by the Note and ony pcepeymcnt and lato chargcs due undu the Noto.
<br /> -.� �.'.� 2.iTUn�i Pa�.r Tn�ea And Ia9�ranca Subxct to appflcnble law or to a wriuen waiver by Lender, Borrawer shall pay to
<br /> Lcn�cr on the day sr✓,xruhlY P3Y�e�nLg are daa�urdcr the Not�,untll Ihe Notc i�paid in fuU,a sum("Funds")for:(a)yearly taxes
<br /> �.� and assessmeait�wdar.h may atc3La p�riaity over this SecurltY Insuui�nent as a lien on tha Proputy;(b)ycarly leaschold payr�►ents - ;
<br /> or graund renc9 on th�PropertY,if anY:(�)Yc�rly t,a�.�d or property ins�rance premlums;(d)Yearly tlood insuranco premlums,if 'i...�:_.
<br /> `... ' nnY�(e)Y�IY�B�Se insurance pre��rlm.v,if any�artd(�anY sums payable by Boaower w Lender,in eccordance wlth the �;..,r:
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<br /> ° ��r� provlsions of�uuagraph 8, in �ieu of the payment of mortgege i�susance }tremiums. These itema ure called "Escrow Items. :�''_-
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<br />_ �=_'�,,� T,�ndcr may,at any time,a�llect end hoPd F�l�nds 1n an an►ount not to cxcc;ed the maaimum an►ouut a lender for a federaUy related 't`;,
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<br />.°��� mo�tgage U:an�ay re4�ir.�For Borrow��'�escrow account undrr the federal Real Estate Settte��i Procedures Act of 1974 as �::�.._
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<br />=T;;n� s�end�1 faoan�ma to��e.32 U.S.C.S�ctIaa 2601 et seq. (P.ESPA').unless anaZher 1aw [ha¢applles to thc Funds sets e lasser ,r,.
<br />�='�';�;;,� uqount If so, Y,ender a�sy,At�ny bmrti collect and hold Fundy in an smount not to exceed t1►e lesser amounG I.ender may �i�`�_;
<br /> '' esumate ti33 amount of Flsnds du�on�ha b3s�s of crureat datn end reasonable estunatea of eapenaiaues of fuWro Escmw Items or ��
<br />��ar,!� otheiwise in�►ccotdancc ariih appl�cabk law. I����1�
<br />- 'if�e Funds sl�aU be h�e�d In an inadinrion wftose deposits are insuxed by n federal agenc}�,ins��a�entality,or endty(including
<br /> _;;��� y a,'�e Funds to a tho Escrow _
<br /> -- Lander,if Lendu i.S such ��i��sdwtion)or In an Federal Home Loan Bank.Lender shnll aF�1y � P Y Gh=
<br />"���� Ite�ns.I.endu may noi chazge Bormwer for holding ond applying tho Funds.annw►lly�u►alY�1nB tt�e escro�'a ac�unt,ar verlfying ---
<br />:-,�:_:•� .�� tha Bscrow Ytems��uiless Lender paya B�rower interest on the Funds and appllca�Se iaw pecmn�s II.ender to meke such a chnrgo. _„
<br /> However.I,ender maY rululre Borrowrs 2o pay a one-time charge for an independent real es�ato Zax rcpordng servlce usod by --
<br /> _-� Lendu In cotu�ection with this loan.unless applicable law provides otherwise.Unk;ss an agreQm�nt is mado or applicabin Inw
<br /> .:='s; gorrowu any interest or eam�ngs on thc Funds.Borrower nnd
<br /> =--= r o quins interest w be paid,Lender shall not be required to PaY -
<br /> --- unper may sgcc�i,� wriiu,g,„�w��G�ilsat intcr�t�l2°.�! `"F3:�^.�!thr_.Fnn{La L��2I ShSll AiVO t0 BOmOWCt.w it hou t chargo,an
<br /> --= ar,nua�acco¢�.�,.�of tht Funde,showing credIts and debits to the Funds und thc Qu�p, osa for which each debit t�the�nds was
<br /> -= mado.T1�e Frm�s ar��kd8cd as add3dnnal security for all aums secur.ed by this Security Instrumen¢. •
<br />-- -- If the k�unt�s��by L�a�t1�r exceed the amnunts pe�miued to be held by applica6le law.IRr���r shall account to Borrowor for _
<br /> '�.Y� ��xe�ss gunds�n ac�r�suca with the requirements of appllcable law.If the amount of the Hluids held by Lender at any dRae is
<br /> ---y-= �wt suf�icient to pay tlie�scrow Yt�ems when due.I.end�.r may so noWy Borrower in w�Eting,ond,in such case Bamswer st�aU pay
<br /> � to 1,enAer thc emount necessary to meke up dte defictency. Borrowu shall makn up t�a doficiency in no anore than twelve
<br /> ---° �nonthlY l�Ymenls�at Lettder's cole disctetion.
<br /> ��� ---- Upon payment in fuU of all sams sccwcd by this Security Instr�ment,lL,ender shall pr�mptly aE'Fund W Barrower any Funcls
<br /> held by Lenaer.ff. unda paraqraph 21�LenSet shall acquire or sell the Propeity,Leadet,Prior m the tiaquisidon or salo of�he
<br /> piopaty�st�sll apply any Funds held by Lender et the ti�ne of ecquisidon or sale av a czcdit egatnst tha suma socuncd by thia „
<br /> ��ty����' ts tocoivod b Lendar undor ha
<br /> 3.Appliatbn ot Paymente. Unkss appUcable law pmvides otheswlso.aU PaYmen Y P�aP _
<br /> . 1 end 2 shctli be applied: first.to enY Prepaymc�►t charges due undu tha Note; socond,to amounts payabk undcr perngruph 2;
<br /> Ihiral,w intere.tt due: W�c�pal due:aad lat�to any late charges due un�cr tiise N�w. _
<br /> 4.Chsrteei L�«�otra�er'ahall pay all teaes,a�ses.��nts.charges,fine�ead inc►posirions ettributublo to tho Propaty __
<br /> ; which may attain Priaity ov�x th�s Securlty Instmment,�nd kasehold payments cn greund rents�if a��y.Sarc�zver shall pAy tliosa
<br /> _-- obligationa in the manner pmvided in�sara�aph 2.or if not paid L�that manr�er,Hormwer shall paY then►on 2imo directly tn titn
<br /> pason owod pQymer+�Hozcov�er sl�11 Promptiy fumi�� co 1�d�a11 nodccs of em�ounts ta ba psid ua�der this pmcagruph.If
<br /> Bonrower malces these paYments diroctly.Borrowa shall promptly fiunisli to Lender�ceipts cvidei►ei�g d�a paymonts. .
<br /> narowp.�hau pmmpay dLschargts any lien wi�ich ht�pr[cxity over this Sec�uiry Insuvment un1ess Samnwer: (u)egrees in
<br /> writing oo ihe paYment of tha obligadon securod by tho lkn en a mannu eccePtuE'�e to Lender;(b)contestti in gnod faitli tlio llan
<br /> by� a defends e8sinst enforaanent of the lien in� legel �coceodinge which i�a �o Lender's opinion op�mto in prevent tiin
<br /> -- enfcx+cement of�he lirn:or(c)secures from the holder of tha llcr►en egrcecnent satisfxtory tn Lendcr subordint�dto lian ta
<br /> � tnis 5ccr�rity Inswmei►�Yf Lendsr determines thae any part of the Proputy is subjeet to e lie�whivh may euein p�InritY or,�r thic
<br /> Scc�riry Inswment,Lendes'mny 6ive Borrower a notico idcntifying tha Uen.Bottowet steall satisfy tlie Utra or ts�t onv or mniu
<br /> - mf tht ac�ons set forih Above within 10 days of thu Riving of notice. �orm soCO orr�o
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