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<br /> T0�[�T1i�A�VITN nll thc i�n�srovemuitn �taw orhercntter crected on tlie properiy,nnd all cl�cmentu,n{ipurtenu�oee, �`,��
<br /> nnA fixtuecs notv ar 1►ere�Rer n part of ifbo prupcety. All Ycplacen�s�:ta mid r.ddttlnn9 nh'�II aieo be cove�•ed by thie Secuvity
<br /> I[utrunuht, All ot tl►c totcgoh�19 rcY�:rrca ro M thta Sc:corfey ln�t�unt^�t nn�hc "L'ratz�rty."
<br /> Q�1�tROWBR C:OV�3NANTS txw►Qorrowee le I�w�tlly seised of�ho cet!tto hcreby cot�vcycel nnd h.^.� tl�c rigitt to grttnt .
<br /> , nnd convey the Prm►erty atxl d�t tho Property In une�scumbeccd, exccpt far encumhrei�ce�oP resQtA.[inrruwer wpernnt9 unQ ..
<br /> wlil Qofenci gcneraliy ino titiu i�t��e��a�,�sy a�«tcx:,t a!i cl»±tn�e��l�!�n�an�s���uhj�et to any e[►curr�btwnee�of recorQ.
<br /> '`' °� ' 'f}�19 S�CUItiTY INSTRIIM�IT cnu�binei u�itaYm cova�xntR (or nAtlo��al uao �uxl reon•unifurm covwnen�� with
<br /> �� limitcQ varindans by ji�deAictlon ro can+dtute�►uniform acudty initruxnent coverinQ rea!propeny. Y
<br /> - UIVIwORA9 COV�NANTS.C�rtor�er ar.�!�^n�lrrs�ven4.nt amf agree e�foll�ws: A w;�eii Guu +l►u `
<br /> 1. pwyme�ol prfnetp�l and Interati ��P�Y�►t iu►d 1L�te Ch�r�a. Borrawar eh;ll promP�Y P Y �=��
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<br /> principal of u�d 9ntcrcat on the debt evfdenced by the Nao ai�d aqy prepaycn�:nt and IAta ch�u�a duo un�r tho Nau. --1::
<br />�3+�'`'�� 2. Enund�[or T�xa ond Inurance. SubJect to oppliGble l�w ur to a weitten walvxr by Lealcr,8onowar ohtll p�Y ta
<br /> --- - I.onder on tho dny monti�lY P+►Ymenu ue due undcr tEe Note.until the Note te naiA tn tWl� a eum("Fl�ndt")tar: ((1)YGYt1ji �;,;�
<br /> •,� taaei u�d an�esamente which may acula p�iodty ovcr �I� Sxurlty Izut�tnent a�a llcn on the Propertyc(b)YeArtp u:�ehoid
<br /> • �y� paywenta or ground renta on the Property, if any: (c) yearly Uazard or proaerry in9umuse prr.mium9; (d) yc�r1!' fl�ad ���_°
<br /> ingurance premiums, if aayc (e) yearly mortgage iasurazace premiums, #f any:nnd (� aay sumv payablo by gom��vee to --
<br /> .;,,, :., Lend�r,in sccardance with the provisloas of pazagraph S,in lie�t of the paymcnt of morcgage inyurnnce pceml�+u��•'�W�
<br />' `'''•'�•"., items are called"Escrow Items."l.ender mxy.at any rime.coll�et and hold Fiwds in an amount not co excssd thr m�x�Ymm� —
<br /> :��.�: •i�_ , amount a leMer for a federally relaud mortgage loan cnay reqnlre for Borrowcr's ascrow account unc!er tl�s Ek+]2�n1 1Rca1
<br /> :_;,;��;�.�� Sstau Settlement Procedures Act of l�lT4 as amendea from dme to time.l2 U.S.C.�2C�01 d seq.("RESPA"),unisns an�other
<br />��!„'�'r.��• law that appliea ta the Fuad+sets a l�aser an�ouat.IP sa,L.sador may.at�y dme,collect aud hold Funds in au�tu�u°<<o
<br /> `,�:�::t t�;� eaceed the lesser amount. Lender may e�timzte the anmutkt of Funds ctsie oa the baaie of curreux dzui�►d reasonable eatitnaces
<br />`�_'�+°��� " of expenditures of fianue Escrow Item�or o'��ris�,�:cc�tdaucz�v1'�z�FU"��le law. __
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<br /> - �' 'Ibe FYu►ds shull be held in aa iastitudon whose deposits are iiuvred by a feQeral agency, instn�nYn�taliN rael�to paY
<br />-,��?;�• N• , (includin�B Lender,if Lendts is such aa entfltudon)oz In aay Fedenl Home Loia t3�nls.Lender at►all oPP 5' tt�t escrow
<br />.�_�.., the Fscrow Ite�. Y.Qn�4es annY not ct�lrge Borrow�,r fm=6olding and applying rl.t° Funds�anmially analYziu$
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<br />._���;=— account. or vereSy�ug the Escrow Iums.am?ess Leand�r paye Borrowes int�reat on r�ha Fwids aniA appHcabls !�w perwity
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<br />,._;���."••� �l.em;ee t��z'.�.sucr a c)aar�e.However,'Leuder uoay rtquire RanroN�r ro pay a one-dma�sv�a��r an 9ndcpeudent n.41 -.
<br /> .� estau tax repotting serv3ce ustd by Lender in conuecdor► aith this loaa,unleas applicabl�ia�v g�eovic9�oL'�e;.ai�c.UDI6 a P.� —
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<br /> agssement is tnstda or�pp]icable law requirce inutesz t�'be paid,Lender shaU not bt requiced to pay Bmroaer����nurest or
<br /> �":1tr oarnin8s on the Funds.Bonower and Lendex may agr:a 3n wridn8,howaver.that intexcat ehaU bo paid on the�mil�. Lender -
<br /> --=,� ahall give w�onower,without cdarBo. an annual accouna°g of ths Funds,ebowalg creAits and d�bita w tfae Fuads end the
<br /> .-.���� pyupose for which each debit to the I'und�was m�sda The Fwods ars pledged as addiHonal se�urity for ell eums secural bY
<br /> = t2�ia Sectatity insuument.
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<br /> -�-- ---- If the �ndd �eY! i�y I.endcr cac:cai itio ww.�� �r�ii� t^ L+!� t�rt� hy unnlicable law. I.eudG! eY�l3 s�OCaant to
<br /> ``"`� � Botrower for the eaceas �unds ia nccasdaace with t�e 3equiremems of applicablt Inw.dP the �ratrunt of tbe lF1in(fs held by __
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<br /> ....- Lender at any time i�aot au�8�lent to pay Wo fii+csmv�tems whca due.Lender may so�dSy Bazrower in wsiDnS�and�in ---
<br /> --� such caae Bonow�r ehall pay to Lender the amou�Le�er�aole dimact doIIthe de8cia�cy. BoT���vea ehnl3 malae up tl�e -
<br /> doficiency in no more than twelve montWY PaY��+ -
<br /> Upon p�ymeat in full of all sums aceund by tlds Security Insuvment. L,esdec shafl promptly refund w Boiau;e�r�a�'
<br /> Punds held by Lender.If,uader parageaPh 21. Lendcr sl�all acquire or e�ll the Property.Lender.pdor to tLe act�uis
<br /> eWe of dx Pcaperty.e1�sU aPPly at►y ilut�da h�ld by Leudes at the dme of acqu,i�sidon or eale aa st credtt against the ewns
<br /> aecured bY this Secudty Wmiment. nte received by Leader utider
<br /> 3. AppMc�om o[ Pannahs. Unkss apylic�bk I�w providea othosvvlac. n11 WY�
<br /> par�raph� 1 u►d 2 ehall be applied:first�to anY PnP►Y'ra�chugw fite under tt�e Note:second.to amount+payablc tuider
<br /> Wt+��2:thirQ.to interest dne;fo�.�M,to Qriacipal due�uri lut.to any Inea chuge�d�e imc3er ttx Noce.
<br /> 4. Ch�e�: Lfdo�. I3otrowtr ahwlt pay dY nxe9� auessmente� chuY�s. fwe� and �capo�iti�oros atuibua+ble w the
<br /> prope�tY ahich nsay attaia Priodty ov�r thi�Socutiry Irunuament,and iwehold piytneatt or g[ouod txnp.if w4'.Borrowet
<br /> �ull psy these ob13 ns in the m�anes Pmvided ia pan�graph 2�or iY aot pxid in tlut mame�.8orroatir tt�all p►Y tl�m oa
<br /> time directly to thc pe�non oweG payment.Borrowmr ihall pmmptt,Y fiunieh w Lca�lcr all mdces of�mount�to bo pdd uu8er
<br /> th1�pat�raph.If Bonoa�r mtkcs�se paYmects dlrecdY.Borrower sh�ll p�cr�rlY flun�`b tt+I.eader roceipu evidcucii�8
<br /> ����• e 8en Ni�lrh t�ra pdodry over this Seczna�;?�Insu�uneat unleu Bo:rower:(a) a�
<br /> ----- Borroxer ehall promgtly EiseivrB �nY
<br /> in aridng to the paymem o4 tF�e obligatloa secured by the llen i�►a nvmo�er ar.ceptable to Lender:(b)contesta in good faith the _
<br /> tiea by�or defe�ls igainst enfor�emeus of the lien in�legd proc�dings which in the Lendee's opinioa operate w preveflt the
<br /> enforcenoent of tt�e llea:or(c)ea:�ins fcom the holdor of rhe lien aa egreemeut sad�factory w Leadex subordinatlu8 tha llen o0
<br /> �"° tiils SecuritY Imttument.If Lender detem�s thit ury put of dx Proper►Y in subjece co a Uea�hich ms�Y at�in Prlo�tY over
<br /> -- - dils Securlry Iasmiment,Lender m�y give Borrowcr t notice identiPying tlse llen.Borrower sb�all sadat�r tho li�n or nlre onc or _
<br /> moce of�he acdoa9 eet forth above wid�in 10 dsys ut�►e giving of notice. -
<br /> S. I(snrd or Rroperty Ins�aaee. Bonowcr sLill kaP the improvements now exisda8 or hereifter erected on the
<br /> p�pertY insured agaln�t loss by fu�.t�unds ind�dod wit�in the arm'extendod coverage"and auy otLer Uazards.inc:tuding
<br /> :;- flooAs or floading� fnr which Lcader requlres insura�. 'il�is iaguran:e shall be maintai�xd in thc amoaats a�ntl =
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