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<br /> �. � 'I�C3ETHFR W11H all tl�e imp�ov�nxnts now a daeafter etectnd on the ptvpaty.�nd aU eas�ents:ap�ACmncea.
<br /> and fixturcs�w ar fieneafter a pa�t of the propeAy. All neplacemencs and addiaans shstf atso br cuti5aed�Kjr ihis SoFwicy
<br /> ta�umna��. All ot the[ocegoing is refared w in tbis Serurity(nsuument�.s the"PrapenY•°
<br /> � BORROWER COVENANTS that Burtower is Iawfuliy seis�eQ oP ttic estate 6ereby ca►veycd�nd fiu.tlk right ta grant
<br /> --- �d cnmey the Roperty and that the PbpeRy is unencumbe�d:e�cept far encum6ra�xrs of recad. Bwrov►w wurants and
<br /> - � w�l defead generalIy d�e titk to the Property against ail ctaims and dcmanas.s�bject to aay encumbtancea at raazd. �_
<br /> - ' THTS 5EQ}RFf Y lNSTRUMENT_camtiines uniform:cava�ants.far matioaal use and t�on-unitam coYCnanu with
<br /> — �-- -- limited vaaiatiaas by jurisdistion to consdtute a unifarm saewity,instrurt�ent covering rra!g�tty.
<br /> [INlFORM C4VENAN75. Barower and l:endercuvcaant and agree as foUows:
<br /> ---- . I. Fayme�t af Priadpai a�d Lteres�Prepw�Yma�t•�od Late CharB�s. Borrower st�all promptly�y whrn due thc
<br /> - -- principal of and interest on dr debt ev:denred try the NMa and'any propayment and late c,�arges due undet. 3►tote.
<br /> 2 Ftiuds tor Taus aed I�un�ca Subject ta applicabte taw ur to a writtea waivet by Lender,Sc�rawer s1wU pay to
<br /> L,ender an the�daY��Y PzY��u�doe artder tha Nata,untiY the Nate is paid in fu!!.a sum l°Funds")tor.(a)ye�iy
<br />" ttica and assessrt�enu which may attain priaity avzr•thi�Security�Insuument a4 a lieu an the Pmpaty:tb�}�early leaselwid
<br /> ' P1Ya�nts a B�out�d reau on the Araperty.if anj..{a);yeaziy-hazard or property nuurance g�emiwns:,td)Y�Y flood
<br /> msu�ance p.+emiums,�f aay: f�)Y�IY matga�,inswanca premiums.�f any:and{fl ang sums payable bY Brnrowa w . -
<br /> -- , t.ender,in accoMance witH ttu pravisioas of�a�r�pti�8�ia,lleu of ti�e PaYment of mortgage insusasscc gmdm�ams. Thesc -- --
<br /> nert�ace called"Escmw Items." I.ender may.at�anp,time;calleet and hotd Funds in an amo�nt not to exe:ac!�e maximwn �-_---.
<br /> anaunt a lender for a federally reiated mortgage Lbait�may:�equit�e for Baaawe�s escrow account�mder tlie fe3erat lteal =---
<br /> , � Fstate Settlement.Prnceduries Act of 17/4 as amendal•fro�n time to 6me.12 US.C.§2601 et seq.("RFSPA").�I���
<br /> � .-=�£. ��:.--_---___
<br /> ,st �: law that applies to ihe Fands sets a tesser amounk:.Ti�sol.Lender may,at aay tune.cuttect and hotd Fr�nds in an amount nat to �._�_
<br /> - excced the lesser amoutu. Lender may �te•the amaw�t of Funds due on the basis of current Mta�;aad ieasanabk -- -
<br /> - "'`=- ` estimates of expeadituies of fi�ture Escrow hemsar�a�wise in accardance with appiicahte law. �'�"'--=:°
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<br /> ., 'Ibe Funds shall be tRld in an i�titaqon�whvsadepersits are insuced by a�ederai agency.insmimemality.aa endty �_=--
<br /> •r '�y}� Mclndiq�.4.�dew if Lender is such an•it�stituuan)ar�in aby FederatHame L.aan Bank. Lender shall appfy.the Funds to pay _-__
<br /> �r =
<br /> :;�' the Escndsv;3'tems. Lender ma�r n6l�Starg�Hamower•fa�,holdia��aad applying the Tvnds.annually analyxing the escrow ��,,,,;::.
<br /> t` .��.: aceuunt,ar verifying the 6scrow Ite� unless Lender pays Borc�wer interest on tt�e Furcds and appllcable law pem�its �''!, �:
<br /> u Lender to matce such a e, Hanvever�l.endes�may require Barmwer to pay a one-time charge far an indeQendent real
<br /> ��.. '
<br /> r�:�',;�•• ' estate ta�c teporting servi��as.ed by Ixnder in corinectton with this loan,unless applicabTe taw ptovides othemise. Untess an
<br /> ���.� ..
<br /> agreement is rt�ade or ap�iaable taw requires interesrta be paid.I.ender shaU not 6e required to pay Bomow cr any imaest ar,� �. � � ' '-'
<br /> . -,,�,. r:��-"-.�r: ' eamings on tl�e£vnds. Bartower and t.ender�may.agrce in writing.Gawever.that interest shall he paid antho l�nds. Lendec : . • --
<br /> ���-. •-*: : -
<br /> ; �,ff s�ji`�• . •• _,, shall give to Borrower.aiift�tt chargq,an armual�accounting of t�e Ftmds.sh�wing crediu and d e bits to t he F un d s an d t�e- _ _
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<br /> .,t,;, purpose for whlch each defiit•to the Funds was made.'�e Funds ace pledged�s�nonal security far all sums secured b� �.. -
<br /> , r �; � .,,�r _..-.�;..'. this Secwi Luttume�:. � :.. �� .�ti�'_�, ;` -
<br /> c r�� "r`�-.�'' If t Funds hetd by i:ender exaeeA�ths amou�ts permitted to 6e hetd by�plicable law.Lend�rshaU aceount to �-;
<br /> '" �'f�'i� �iff a�' ' a�,r —
<br /> �:_. r ��� +,�,r Borruwer far the excess Funds in at�;.tadance with ihe nneyuirements of applicati•u,xw. If the amaunt o!ihe Ftmds held by _
<br /> . _ ..:�;�;;�;'''?,' Lender at azry tirt�e is rtcrt saffrcient�fa�pay,the Bscrow Items when due.Lender may so,wtify Borrov►�er in writing,and.in _ __-
<br /> ' .'�', Fr�',;-'�+�,•• such case Hasrower shall pay�to L'eridei�the amaum necessary to make up the Qeficlency. Smrower shal}make up the =�.r,_
<br /> `";, d�ficiency ij�no more ttsan twelve m4ntlily paymen�s,at I.ender's sote discretior� � , . ��:
<br /> .r;�.: . U�ran paymeat in full•of•all sums secured by this Security Insaument.Leei�shall promptty refunA to Borrower any `?•.. '�'-_
<br /> . Funds helit by Lcmder. IIf:undrr paragraph�2l.I:ender shall acquire or sell the Raperry.Lender.priat tp the acquisition or '" _ �_
<br /> , '� . sale of the Property,sha11 apply any�;Fund4 hetd by Lender at the time of acquisitian or sate as a cseQit against the sums �' . _
<br /> s secured by this Securiry Instrumetu, • .
<br /> ,; .; . ,�;r,; 3. Applicatlon oi.P.tyment6., llnleas applicable law provides otherwise.alt paymeau received by Lender under �
<br /> ,.�,;�;: :•...,. �.:. paragraphs 1 and 2 shall be appliad!�firsti to any prepayment charges due nnder the Note:second,to amounts payabte under _
<br /> � ,,�:��f Z;thicd,to�nterest due�,fourtlr�to nnci due;and last.to late et�at��s due under the Na1e. �`.,`,..
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<br /> �.i,,�...,t�.� . ., ,.•..:, .. 4. Cl�arges: Lieaa Horcmr�r�strall�P�Y all �axes,ass�.csments.charges.Fmes and imposiGans atttibutabl6 to the ., �
<br /> ,� rl, ` 'ti„ ; Property which may attain prioriiy over,tt�is Security Inswment.and teasehat�payc:�e�er:is'v�r gai,-�d rents,if ra.-ry. Sorrower
<br /> . . '� , ;;;;.,,.;;;� � shall pay these obligations in the m3nn�r psavided in parAgruph 2,oc if not paid in tfsat r.�.r�c..Bo�rower shall pay them a� �.{�
<br /> ��{';�,.:;.,':... '�::;,;�;• time directfy to thc person owed p�,)m�e� Harrower shall prompiGy faeazsish to Ler.der al1 tsot:�es a!am�nania ta bo paid un�:� '�.-�
<br /> d!b II
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<br /> {.,•.. this pamgapb. If Boaower maltes ttwse payments dicectly.Bocr�swrr shalt promptly fumish to Lend�st reoeipis ev�d�ncir�, .,••?
<br /> � 4'tf:�`- • ,�• � the a enu. ' .-"
<br /> - ' � P��rrower shai!pramptl�•discharge any.lien which has priority over this Security Instrument unl�ss Banawcr.(a)agre�s _,i
<br /> • . ' � in writing to the pay»xm of ihe obllgation�ured by tha lien in a manner acceptable to l.,ender,(b>contests in goal faith.th�
<br /> �`•"' '-`•�°� �. lien by,o�defends againyt enforee�tt.nt of�the Uen in,legal proccedings which in the Lender w opinion apetate to prevenc the �_`:;
<br /> • J��'� •' - eaforcement of the tien�os(c)securos irom tho lialtfer of the tien an agreement satisfac[ory to Lender subordinaling Ih�I:� . ;�
<br /> �t,., �•:`"•..= , to this Security Instrumsnt. If l.ender determines thas any part oP the Properc} is subject to a lien whi•rb msy attaln priarity
<br /> �:;;:,:. : - ' over this Secunty Insuumen�.Len�.'r may.giva Haarawn a notice identifyfig cfse[`.en. Boaower shall satisfy th�:lien or take
<br /> "�" one or more of the actior�3 set forth abave within Ip aluyc of the giving of notice. �
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<br /> ��'� �• _'� � _ 5. Hazard br Property InS�raace. Borroner shail keep the improvcments now existing or hereafxtr e�ccted on the
<br /> � '•�•�''�� Property insured against loss by fira,.har�ud4 i�sluded within the tcrm"cxtended covcrage'aa.d a�y oshe�hazarda.iaclu�ing .
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<br /> . ;• �� floods or tiooding, far whith•i.cnder rcyuires insurance. 71iis insuranre shat`:bc maintained in the ama;uits and for th�
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