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<br />. TOGETHER WITH all the impro�emcius now or hereafter erected on[he property.and all easementx,ap�►uct�en�nces.and _'°"_
<br />. fixtures now or hereafter a part of the property. All replacements and additions shail also be cavered by this Sectsr.�Sy �-�_
<br /> �-r,
<br /> Instrutnem.All of the foregoing is ceferred to in this Securiry Instwnem ac the°Froperty.' --
<br /> BORROWER COVENANTS that Borrowee is ta�vfnlly seised oi the estate hereby conveYed and has the right to grant arnd �•.�
<br /> r==
<br /> .- convey ttQe praperty and that the Property is unencum6Ered. except for encumbrances af resord. Eorrower warrancs and will � _
<br /> defend generaliy the ade to tt:e Praperty against a11 claims ffnd de�mands.subject Eo any encumbrances of record.
<br /> THIS S�CURITY INSTi�UMENT combines uniform coveaants for national use and non-uniform covenants with lisnited �='�.�
<br /> variatians by jurisdirtion to constitute a uniform securiry instr�n►ent covering reat proneny. ��.
<br /> • UNIFORM COVEN/�NTS.Barro�ver and Lender wvenant and agree as fuflows: �-T��
<br /> 1. Ppymeut of PeigcQ�t+l aad Int�est; PQ'epaYmeni t3nd Late Q:hnrg� Borrav,cr shall promptly pay whea�due the ��-`
<br /> '�`•-• principal of and intecest on the debt ev-idenced by the 1�Iote and any pregayment and late charges due under tl•.e Note. �,�__
<br /> - 2,�'�S Y�r T�¢��ad Ir�usarace.Subject to applicabls latv or to a wcitten tivaiver by Lender, Borrower sha(1 pay to �;.,��
<br /> ' Ler.�tec'a�th:dxy�tonthlY Payments are dne under the Atote,UAt1I tI10 NOIE IS jYaltl Ifl{t1I1.a sum("Funds")for:(a)Yearly taxes ��;�;_:
<br /> � ar.�1 es.s�ssm:ntF csHich ms�r aitain priority over this 3ea�rity Insmiment as a lisn an tJ:a Property:(b)Yearly leasehold paymenu �'F.=
<br />: • ' or�ouuzl,�ents oA t�Fmperty,if any:(c)Yea*ty hazard or propeny ins+aranee premium�:(d)Yearly flood insurance premiums.
<br /> if aay:fe)yeazly rzsastg�e i�ce Fr�nniums.if airy:and f�an�r sum�paynbte by Borsawer to Lender. in accurdance with �:
<br /> ` thr.pmvisions of paragraFh�.in liea�g��payment af u�ortgage inswanc�(sretnfurrts.'fhese items ase called"Fscrow Items.° �:_.
<br /> Lea�i:rr m�y,at any time, �IIect�i�aid gi:nds in an aa�ount nat to eaczed the maximum amoun�a lender for a federally �,--y
<br /> ��
<br /> rel�t�;i mortgsge:tA��a may cvquire `as��rsc+�er s es«.^�uw account wsder tl�e federal Real F.scate a�ttlemem Procedums Act of �`
<br /> t�1
<br /> ��` lg7��am�+tWar�fmrn tirr-��time. 12 U.S.C.Stct�nn 3b01 et seq. ("ItESPA").untess another lacv that applies to the Funds ���..
<br />• set�n i�srr aztlttiunt. If so, Lender may,at any t'rme, oollect and hold Funds in an amount not eo exceed the lesser arnount.
<br /> - Len�,Er may e�iti►�,ie the amount of F�nds due on the ba5is of c��data and reasonabte esamates of expendiwres of fucure �'�__'
<br /> Escmw Iu.�s or nther++��ise in accord:tncx with applicable law.
<br /> 3 �•:� 'f�e Fur►�shall be hsld in 2� dnstir3tion whose deposits are iasured by a federal �^�r.-5+. ins�memaliry. or�aty --
<br /> ,�,`':.. (inttading[.e�x;.if I.ender;s sL�h an imstimtion)or in any Federal Home Loan Bank.I.endrr shall apply the Funds to pa�the
<br /> ` Fserow Iteros.Les�der tn�y.snet�e�irrower for 6olding and applying t�e Funds,ar►nually analyzing the escrow account.ar �?'._'
<br /> - vesifying th�:Escruw Item�. �.:.Ze�iLen;ier pays Borrower interest on the Funds and appliqble law permits I,Qnder to make such __
<br />"'''��` a chw.ge. Hawever, L.ender�ay��.-°Borrower to pay a one-tims charge for an independer.�:�a!estate tax reporting service ;Z,�
<br /> ;! :,
<br /> r� - v�d by Lender in cann�n wE1s s]n's toan, unless applicable !aw provides otherwise. t:�s an agreement is made or ;�
<br /> '� applic�6la law requires iat��[to be�id,Lende��a;!not be required to pay Borrower any interest or ea�:.�s on the Funds. '�.�
<br /> ;��:.,-
<br /> Borrow..�rs and Leader���oree in wridng,tIOR`E�L�F,ES�at interest shall be paid on the Funds.Lender�:.71 give to Borrower. '€"•:
<br /> �vithc+ut ��rge.an annual acconating ef ihe Fu�:.:s,showing credits and debits to tfie Funds and the pu.rose for which each �•.:.
<br /> de�it w.the�-unds was made.The Funds:-s pledg�3 as additional s�.vrity for all sums secured i�y this Securi:i�autrumeni. _
<br /> • Tf chE Cunds held bg Lender exc�c.he ameu�.s�ermitted r.�e heid by applicable law.Lender shall asoau:=t to F.�a��ar :.-
<br /> for the eacess Funds in.�caasd3ncc wittf the re�uir�nents of applicable law. If the amount of thc Fu�nds h��.�'a�:•��r ffc any �.�;
<br /> ,,,,���� time is nnt sufficient tc��y II�u,Esorow Items wh�n cse.LenQer may su aotify Borrower in writing.and,ia sacli c�e Borrower �� _
<br /> •.w:;, shall gay to Lender tt��ienunt necessary to make op the deficieney. Bonower shall make�the deficic�«y an no mo:e d�an �.•
<br />;`r jl,�; tweSve man'.�ly PaYrc'�uu.at i.aader'8 X.ote dissretnon. _..
<br /> �;s Up�rs ps,,ymsnt i�.�fu'ItuS,ttl�iaur.cs secured by this Security Instrum:nt, Lender ahall pmmptJy refund to Borro«?�any
<br /> �� 6 21.Lender shall re ar seli the Pro Lender,prior to the acquisition crr sate `'�"
<br /> „ Funds Eceld by_Lender.�i�i�LdRt paCd$rap �Qw PertY•
<br /> °,,,��'" of�te Pnoperty,shall appty any Punds held by Lender at the time of acquisition or sale as a credit again�t the sums serured by
<br /> � dus Sa�rity Ipsuument. "'`��
<br /> : � 3.A�t�i�cattom of P1�yments.Unless applicable law provides otherwise.all payments received by I.ender under paragraphs —
<br /> . 1 and 2 sttali b�applied:first,to any prepaytnent charges due under the Note:second,to amou�s payable under pangraph 2:
<br /> ttiiYtt,tn interest due:fot�rih.to principal dae;and last.to any late ctmrges dae under the Note.
<br /> � 4.Cttasges;Lien.�.Borrower shall pay all taxes,assessmenu,charges,fines and imposidons attributa6te to the Properry `:-
<br /> wbic}:�e�y attain prioriry over this Security Instrument.and lease6old payments or ground rents.if any. �orcower shall pay _�.
<br />:�1�•,,:` th�e o�lt�ans in the manner provi�in Paragraph 2.or if not�.�id in that manner.Bonoa:er shall pay them on tiine directly �_
<br /> to thFpersan uwed paymen't.$ona�i��:P,.all promptly furnish to P..�aer a1f notices of amou�aa�be paid under this pazagaph.
<br /> � '. If Boaower makes th�c�ayments dir�.^tiy.Borrower shall promptSy fumish to IRnder receipts evidencing the paymerus.
<br /> Borrower shall pnir,s{;�:ig discharge any Iien w�ii�ii.�has priority over this Security Inswment unless Banowcr:(a}agrees in �:_'
<br /> , ' w►itiag to the paym�nt'cE�ie obligation aecund by��e lien in a manner acceptabl0 to Lender;(b)contests in good faith the Ilen
<br /> by. or defends against enforcement of the lien in. tegal proaxtdings which in the Lender's opinian operate to prevent the �:�°
<br /> ' enforcement of the lien:or(c)se¢ures from the holder af the lien an agreement satisfaztory to Lender subordinating the lien to _
<br /> �� this Security Instrument. If l.ender�srmines that any part of d�.Praperty is subject to a lien which may attain priority over _ _
<br /> �� this Szcuriry InstrumetsC. 'Lender may give Bonower a notice identifying the i�:.Boaower shall satlsEy the lien or take one or r-=-.
<br /> - more of the actions ser C�rth above within 10 days of the glving of notice.
<br /> •� Fum 3G28 9190
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