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<br /> TOGE7giER WCFN all tirc imp�ovemeNs naw at Nereaftar eiected on tbe ptoperty.aad all easements.appur�� �
<br /> aM fin�res now or�a port of We p�opaty. Ait repla�nents u�d addiaons sha�l also 6e cavaed by tltis Sec�ui�ty -
<br /> . . Instrumm� All af dx fa�egoing is refemed w in tlus Security L�str�ent as tl�e°Property." . . .
<br /> _ BORROWFdt COVFNAN'I'S tliat 8amwer is tawfuliy seised of the estate heaeby ronveyed and h�s the right to grartE
<br /> . • and comrey tbe Ptoporty and that the Prvperty is�cvm6er�d,eacept far e�umbr.unces of cecord. Barawec wamats wd - -
<br /> w�l defeod generally the 6tie to ihe Ptoperiy against ali ciaims and de�nands.wbjat to anx ennsm6rancts of recotd.
<br /> -.— . 17�S SECURiTY INSTRUMENT comb�nes unifotm covenaats fa nationa! use and nna-uniform covmwts with
<br /> timited variariau by j�nrisdiction to caosticute a uniform securiry insunment covering�eal pr+operty.
<br /> �UNIFI)RM COYENAN7'S. Batrowec u�Lender oovenant and agccc as foltnws: .
<br /> � L Payaeet of PrLc�psi ad I�;�'�'+epsYmat ad Wtc Cbsrses. Borrower st�il pramptlY PaY wda►due Lhe
<br /> -- principal of md intercst ar the debt evidencM by�6e Nae and�nY P�PaYment�nd I�te chacges duc ur�de�tbe Note.
<br /> 2 Fwls fot�Tues a�d�n�ca Subject to apQlicable law or taa w:iioen waivec 6y l�ender Bosrower sha11 paY to
<br /> s i.encier on ihe day monlhIY P�Y�ts are dae arder thc Nocc,m�W tite Nae is p�id in full.a s�um("Funds")far:(al Y�Y
<br /> '` tues and assessments which may attain priority over this Security Instrume.mt as a iien on[he Ptvperty:(b)yearty l�sehald
<br /> - payments ar gtound tenu on thc Ptopetty,tf any: t�) 9eady hazard or pnopecty insurance ptemitwms; t� Yearly flood '
<br /> iasarance pnemiams,if any:(e?Y�Y �SaBe iasurance premiuros.if azry:am�l ttl any sums payable by Borrower to �
<br /> = Lendet,in ac�d�uce u.�tls tl�e provisions of pa�agraph 8.in lieu of tl�e payrnept af matgage iasuraace preminms. 77iese � - -
<br /> items ar�e c�l(ed••Escrow Items." Lender may.at any time.collec[and hold Fvnds in an amount rtot to exceed[De maximum ,
<br /> � � • amount a tender Fw a federally trTated moctgage taan may require for Bonawer's escraw accrount undtr ti�e federa!Rea} -
<br /> Estate S�ttlrn�ent Pmccdums Act of 1974 as amended from ame to time.f2 U.S.0§Z601 et seq.1"RESPA").unless anothcr
<br /> Iaa ihat applies to the Fiir�ds sets a tesser amounL If s0.Lender may.at any qme.collect and doW Funds in an amamt not to
<br /> .excceatt q�e Iesser amamt t�endcr may estimate the amam�t of Portds due oa the bacis of cu�rent data aad nasooable
<br /> ' �estimates oleape�iEUms of futuir Escrow Items or�k�rise ia accordance with applicabTe law. . -
<br /> TIk Funds slsall be i�eM�an institntian whose deposits are insured by a federal ageacy,instiumeutatit}.ar enu�r ---
<br /> � - . (inctuding Lender�ixader is such an insritution)ar in any F�ederal Home l.oan Baak. Ixnder s5at!appiy the F�ds to pay �
<br /> 1i�e Escrow Iteats.:i.etider may not charge�otmwer for hotding and apptying die Fvnds•annu3IIy aaai3rnina t[se escrow —_
<br /> accouitt.or verifyiag the Escmw items,unless Lender pays Borrower interest an ttie Funds and appkca6le 1aR permiu -__-_�_=.-
<br /> � lxnder to malce sucEr a c�a�e. Hawever,Lender may rzqaire Borrower to pay a one-time chaige fur aa Ia�sdent real• �:`__��-
<br /> : r= 'estate taa repoi6ng senue used by Lender in connection wi�i"this Ioan,unless appTicabie law provides ot�erwi�.[;ntess an � _ ��;��o:_
<br /> agrecment is made ar applicable!aw requires interest to be paid.Lender shail not be required to pay Bortower any interest or '. t�•e--
<br />. - s�`�'`. e�mings on t h e F i m d s. Ba�ower and 4ender may agree in writi n g.however.that interest s6all be paid on ti�e Fand4. Lender ' �,��J:=:�
<br />. . f.�. �''•°`� shall give to Borrawer.w-ithout charge.an armual accou�ng of the Fr�nds.showing credits and debits to the F�rds artd the E;;::,�::��-
<br /> ' .=�.::��•� � Putpose for whic6 each deba to the Funds was made. Tde Funds aze ptedged as additiona!security for all s�seu,u�ed by I�r�=�-
<br /> this Securiry InsSruntenG • - ,�.r. ��=�_�
<br /> - :� �� Jf th6 Funds held by L.ender exceed the amounts permiued to be held by applicabie law[.e�der sisai'.�;�:caanE tu. � , ---��_
<br /> �:�`~', , Borrower for fhe excess Funds in acwrdance with the reqwrements o�'applica6le law. !f the amoant of the Fui34 held _ �.-
<br /> hY ' �uu�.�.:
<br /> 3 I �,�:�:�' Lender at any time is nat sufficient to pay thc Escraw ltems whcn due.Lendcr may so noti[y Barrower in writir�,and,iry —
<br /> ` � •�?'� " such case BoROwer s(�all pay to Cender the amount necessary to make up the def�claney. Borrower sha1P r:�G.nvp the � ;��:.
<br />, .�� � ',�'.f�:.'. , :`; F;:.._;.
<br /> , �. � �aiency in no mare than twe�e monthlY payments.at Lenderx sote discretion. , ; ••'
<br /> �.,, U a ent in fuil of ail sums secured b tbis Securi instrumen�Lender shalt� rom tl refund to Ff�;wer an '"
<br /> ,,.��s:,�..,� P�P Ym Y tY F P Y Y �,,;-_
<br /> 'r��� - - Funds hQ1d by Lender. If,under paragraph 2l.Lcndcr shull acquur or sell the Avpery.L.ender.prior to the arq�:isition or • . _
<br /> �•r%�.;:.�:,;�l�Y`', sale of the Praperty.shall appty any Funds heid by Lender at the time of acqaisitian or sale as a crcdit against the sums -
<br /> � ' � � secured by this Securiry Inswment. .
<br /> . 'v,r.�F;{je",,"_';, , 3. Application of Pt�yments. Unicsc applicabte law provides otherwise.all paymen�s received 6y l.ender under . _
<br /> '�`����<�t�'-"��_.� � ' Para�ph 2t hi d to terest duo:Cfo nh.to rinc�al due•and l tit�to ny latc charees due u der he Note.�nts payable undczr
<br /> .•r,'��i.�;"i;:.:, P PaP P P • s ,
<br /> ' � �,�,�_.:_ ' 4. Charges; 4iens. Borrow•cr shall gay all taxes.a.ssescments, charges.fines and impositions attributabte to the
<br /> ���•'- . Property which may nttain prior�ry over this Security In+trument.and lcaschold payments ar ground¢entv,if any. Borrower :' _
<br /> ";�`1-:*' shall pay thesc obligutions in thc manner provided in paragraph 2,or if nat paid in that manner.Borrower sha11 pay them an : . .
<br /> : e�•�+ry:•,: .'�. ' .
<br /> • ' . '�:+��t�� . time directly to thc penon awed payment. Borrower shatl prompAy fumish to Lcndcr all notices of amaunts to be paid under �.;:��.�, ;'
<br /> , ���'��'.." , . �his paragraph. If Borrower makes these payments dimctly.Borrowcr�hatl prampUy iumish to I.ender receipts ev�dencing ' ' � �'; '
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<br /> . r the payments. ,`,.",• i
<br /> ��..::.;.yi Borr�wer shall promplly discharge any lie�which has priarity ovcr thiti Security lnstnrment unless Borrawer.(a)agrees -
<br /> �s�' � ��`���-'"`''"'• in writiog to the payment of the ob1igaNa�secured by the lien in a m�utner acreptable ta f.ender:(bf contests in good faith tbe • -
<br /> � ',-��% .��`�''`•�`'�'� lien b ,or defends a ainst enforccmcnt of thc licn in.lcgal praccedingy which in thc Lcndcr s apinion operate to prevent the � '...` -
<br /> `�+ `W'`'''` '� '� enforcyement of thc 11en;or(c)secures from the hotder of the lien an agteemen!�atisfactory to Lender subordinating the lien �•. ' , � ,�
<br /> � '�'i��'��'"'�''-"'� to this Securit lnstrumer:G Jf Lender determines that an an�f the Pro rt �c�ub cct to a lien which ma attain prlorit ` '
<br /> .r,ld�y:�,..`• •, , Y Y 0 Pe Y'. .� 1 Y Y , �,.:,. . .
<br /> :,•.z:=:-�..:. ,•,.. _ ��rer this Security Instrums,��,•;Lender may give Eorrawer a notice identifying the licn. 8orrower tihall satisfy the lien or take ,.,,;:���.
<br /> �.,�.���;::;
<br /> ' cne or more of the actions set fonh ubove within lU days oi the giving af nntice. ��',;�• •
<br /> ' S. Hxa�rd or Praperty Insurance. Borruwcr shall kccp thc impravcmcnts nuw existing��P��tafce�ererted on the � � � �
<br /> ; • .
<br /> Property insured against fnss by fire.hazarda yncluded within the term"extended coverage"anct an3 ui.lr:r ha2aesix.inefudins , � �
<br /> - �. , '.. ' :':aocls or flooding,for which Lcndcr reyuires insurancc. Thiti insuranrc th:�ll bc muintaincd in�hc amour�t^.�ar.d for the �� �•-� .
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