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<br /> 9�� ���►°f�(�� LOAN NO. 1 5 3 9 2 1 A 5 7 7 �Y•
<br /> � THIS S�CURITY INSTRUMENT cambino�unlform covenuntA far natlnnal use and non-unitorm covenante with
<br /> Ilmltod varlatlons by Jurlsdlctlon to c:onatltute e unliorm seourlty Instrument covoring roal proper4y.
<br /> UhiV�OPM COVERlARfTS.Borrower snd Lende�coven„nt and egrea ns tollows:
<br /> t.Paym�nt of Principal�nd IntHe�t;P��p�ym�M a�nd Lets Ch�roes. Dorrowor shall promptly pAy whon duo �
<br /> the princl�l of end I�terest on the debt ev{denced by the Note end any prc�payment nnd Iato charges due under the
<br /> ;�.
<br /> � Note. :'�'�
<br /> 2.F�rt*�o f�r Texee er�t�In���n!nce. 3ubject to appllcablo law or to a wrltten wAiver by Lendor,Borrower shatl y -
<br /> to Lender on the day mdnthly payments are due under the Note,untll the Note Is paid In fuil,a sum("Funds")for:(a� � ��;
<br /> ` �� � yeady taxe�and assessmants whlch may attaln ptlorlty over thla Securiry Instrument ae a Ilen on the Property;(b)yeariy �,��«
<br /> .h'�y��T leasohold payments or ground rents on the Property,If any; (c)yearly hezard or property Insurance premlums;(d) �
<br /> .....,�.�w� oady 800d Insurance pramlums,ff any;(e)yearly mortgage 7nourance premlurns,If any;end(fl any suma payable by
<br /> � �orrower to lender,In accordance wfth the provlolans of paragraph 8,In Ileu of the payment of mortgage Insurance �
<br /> � premlums.These ftems are called'Escrow Items."Lender may,at any time,collect and hold Funds In an amount not to
<br /> ° excssd the mFUCimum�mount a londor for a tederally relateci mort�age loan may requfre for Borrower's escrow account ,: '
<br /> under the fedoral Real Estato Settlement Procedures Act of 1974 as amended fram time to time, 12 U.S.C. §2601 et � ,;,;;
<br /> seq.("RE�PA`),unless another law that applles to the Funds sets e lesser amount.If eo,Lender may,at any time,collact •� �� '���'�>���`�
<br /> ��,'�,rh.. ;
<br /> : i and hdd Funds In an amount r�ot to exceed the losser amount.Lender may sstimate the amount of Funds due on the ��.��,�;�;!':
<br /> ,� ; basls of current data and reasonaWe esilrrk.t�s oi expenditures of future Esarow Items or othorvllse in accordance wlth , �
<br /> � appllcable taw. 4°��_
<br /> dYt'�:,
<br /> -� � The Funds shall be held In an institutlon whmse deposfts are fnsured by a federril a enc ,Instrumantaltty or�s�ti � "' '��'�3c'`'�`""
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<br /> �€ ► (includlng Lencier,if Lender Is such an Instltutlon)or In any Federal Home Loan BaNc.Lender shall apply tho Fur,tis to �f�: ;,_
<br /> �' '� pay the Escrow Items.Lender may not charge Borrowee fc�7 hvtdtng and appiying the Funds,annually analyzfic�the :.r�:.t:=� -
<br /> � � escrow account,or verlfying the Escrow Items,unless Lender pays Borrower interest on the Funds and appllct�blo law �r,;;;�;��:
<br /> permlts I.entier to make su�h e char o.However,Lender ma re uire Bottower to a one-time char e for an ;' ��a•---�—�
<br /> 9 Y q PaY 9 :;,.. _�_—_�
<br /> Independen4 real estate tax reportfng service used by Lender In cannectlon wfth this loan,unless ap�licabie law ��,;x,,,a:,„�=�:
<br /> '+�� provkies otherwise.Unless an agreement is made or eppilcable law requlres interest to be paid,Lender shall not be ,�s;�," ry
<br /> � ,`•"4'.", requlred to pay Borrower any fnterest or eamings on the Funds.Borrower and Lender may agree In wrlting,however, s�y;�:;:. ___
<br /> that Interest shall be paid on the Funds.Lender shall gIve to Borrower,w(thout charge,an annual accounting of the �,:�_�
<br /> ,.I ��� Funds,showing credits arrJ debits to tha Funds and the purpose for which each debit to the Funds was made.The W=���,.�`
<br /> • Funda are pledged as addftlonal security for ell sums secured by this Sacuriry Instrument. ����`=__-_
<br />, ' If the Funds hald by Lender exceed the�mounts permitted to be held b�appllcable law,Lender shall account to �!;;
<br /> � ` Borrower for the excess Funds in acaordance wfth the requirements ot appl caaie Iaw.If the amount of tt�e Funde held
<br /> � ' by Lender at any tlme Is not sufFiclent to pay the Escrow Items when due,I.ender may so notify Borrowet In wrtting, �,n�: � ,..��ti
<br /> <�- : f�fld,!n 6UCh Case tsOrrowe�s�sii pay io Lender ine nmoUiii iiaGro�ai y i'v�i�ai�8 up iii8$8f3i,Ic3iiC}i.°viiC:i6i 5���:Ytr��
<br /> ' � u�the deflclency ln no more than twelve monthly paymante,at Lender's sde discretion. .';
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<br /> �� � Upon payment in Yull of all sums secured by this Securtty Instrument,Lender shaU promptly refund to Borrow�r any ��
<br />`. ' t'1°�% Funds held by Londer.Ifi,under paragraph 21,Lender shall acqulre or seU the Property,Lende��,prtor to the acquisitlon
<br />�����S�```' � or sgie ot the Property,shall aFpty any Funds hetd by Lender at the time of acqulsftton or sele as a credft agalnst the
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<br /> _ : .. ,���� e. sums secured by this Security Instrument.
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<br /> . �-�. 3.Appl�cation o!P�yments. Unless appiicabte law provides otherwise,ail paymertts received by Lender under _V
<br />-:r:::_; �.�: ; paragraphs 1 and 2 shall be eppilal:first,to any prepayment charges due underthe Note;seconti,to amounts payablo ,:,,;
<br /> _--���� under paregraph 2;thircJ,to interect due;fourth,to princtpal due;and last,to any late chargea due under the Nota.
<br />- �=-���.:;_� 4.Cha�p�s;Ll�ns. Borrower shallpay all tAxos,aesossmenta chargos,flnes anrJ Imposfttons att�ibutabio to tho
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<br /> ^� y� Property which may attaln prioriry over thls SecurNy Instrumsr�4,and leasehold payments or ground rents,ff any. -
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<br />--__._,._ Borrower shall pay these obllgations In the manner pro��ldecl fn paragreph 2,or ff not pald In that manner,Borrowet shall �
<br /> �-�----_ ?-=�y pay 4hem on 4imd c�tf�eciiy to t��n Fwra���owed paymen��oROwer shall pramptly tumish to Len�cs all natices of
<br />-��"�`��"��'�'�•� amounts to be patd under this paragraph.If Borruwer makes these paym�nts directly,BQrrower shall promptly furnish ta
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<br /> - T L�„-� Ltl(Ntlf It!(itl1�llCf tlYlUtli Wllla tl lo Nayuw�tw. ---
<br /> --- Borra�,ver shall prompUy discharge any Iisn which has priotity over thla Securiry Instrument urdess Borrower:(a) -
<br /> =:�'�~,���� agroes in w�ting to tha payment of the obligatton secured by the Ilen in a manner accoptable ta Lender;(b�contoste in = ---_ "�
<br /> "�;;�;;:;�;�� � good fafth the Ilora by,or detends agatnst enforcement of the Iten In,lagal proceedings whlch fn the Lendor s opinbn
<br />_�R� operata to proveni the enforcement of the Ilen;or(c)securea from ths hdder of the Ilen an agrearrzent satisfa�tory to _ _
<br /> _�„�;g�� l.erxiar subordinating the Ilen to thts Securfty Instrur�en�!f��qder determines that any part of the Property is subJect to
<br /> _._�: ,.�a a Ilen whl�h may attain prlorlty over thla Security Instrumenl,I.�ndor may ghre Borrower a notice Iderrtityliig thD Il�n.�
<br /> ---- BaROwer shall satlsfy th�Ilen or take one or more of the actlons set forth above wfth��10 days of the gfvU�g oi a�atice.
<br />--"'���� a.Hezard�x Prope�ty Insura�nce. Borrowsr ahall keep the Improvements now existir�g or horeaftor era�tod on tha _
<br /> .-- --;;_.�� . Property Insured Agalnst loss by ilra,hazards Included within the torm'oxtended coverage"ano!any othar hazards,
<br /> �"�'-'�-�.=� Including floods or flaoding,for which Lender requlres Insurance.Thls insurance sh�U be mp+�lnfxl frr�tin amounts and -
<br />-``�`��"� � for the�eNods that Lender requlres. The insurance ca�rler providing the Insurance shall bs chosen by portower subJect u
<br />`_""`'.,.�x"w ' to Lendar's approval whlch shall not be unreasonably wfthhald. It Bottower falls to mz irrtain covorago doscribod abovo, - �;.�,_-
<br /> �.�' •��"` Lendar may,ai Lender's optfon,obtein coverage to prate�s i.ender's rights in the PropErtyr In accordanco wlth �'`°�-��-----
<br /> � �.�a��:.::T�o��..�y
<br />''=..�• paragraph 7. �;�,^:�-:--- --_
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