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<br /> �• t k'`, TOt3ETf�ER�JtTH�ll the improve�merrts now or he�eaftc:r erected on the prog�rty;and sEl eas�ments���oea,a�d �-
<br /> fixwres ao�v or itereafter a Q:ut ef t�te prDpenq. A!1 replas�ments and a�ditions shail also be covered by this S�curity =_�
<br /> institim�nt.All of the foregoing Is referrtd to in this Tecurity Iraswmens as the'Propeny." �„J
<br /> BORROWER GSOVEAtA1�'TS that Bareower is tawfially sensed of the estiste hcreby rnmeyed and has the rsght to gaaat�tctd ^ _
<br /> � wc::.:� !E� ��act3 t�at t!r °r�riy� �iss�-���c�i.eaczE„t'a��r�r�',�,a�rim.�f r��. �o�tir�arr�r:a�az€�v�ilt =_
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<br /> ; ,,� defend generally the tltte to Ihe Pra�pe�ty�aix�st afi claims and demands,subjact to any erecumbrar.res of record. , �.
<br /> � � THIS S�CUlii'Tll lAiSTRUMEN'I'combir.es unifor�mvenants for nationaf use and non-uniform�ovenants vrith timited ��.
<br /> _ variatians by jurls$Irttan t�constitute n uniform secutity ifuwment oovering real psapexty. �"�
<br /> IiNIFORI�i COVENAi'3TS.8orrotver attd Ixmder coven�nt ac�A u�ree as follaws:
<br /> D. Fayment ot Pgladpal axtd InZ2r�s� P�epayqteat uaz�l Late Ci�rges. Borrower shall Pm�PUY P�Y When due the ��,
<br />� ,� prinrip�!of nn�interzst oa the debt evid�noed by the Note and any prepayment and late charges due under the Note. �
<br /> a.Funtls fos'i's�»artd��se�a[tse.Subiest to egg(icable law or to a writtea waiver by llettder.Bnrrovrer s3tall�ay to �-_
<br /> .� .. l.ender on the day mnauhly payYnents are due nnd�s the Nlote,uatil the Note is paid in ivll.a sum("FUnds")for:(a)yearly t�ace.a ""'
<br /> <, � and assessm+�nts N1uch may tutain prIority over this Securi2y Instiumes�t as a lien on the PmpeRy:N)Yeariy Ieasehold pay�nts F�
<br />' ar graund r�ts on the Property.if any: (c)Yeuriy ha7ard or progerty inswance pmraiumc;(d)Yearly fload iasuranoe premiums. �'
<br /> . . if any:(e?Year�y murtgage in5urance psemiums. if any;and(�amy sums payable by Barrower to Lendss.im accoNnnoa witb
<br /> the provisions oP parn�ph 8,its lies►of the paymem af raortgage insurancz premiums.'I'heae items are c�lted°Escrow Itema.°
<br /> f Lender may, at any drne. coltea and hotd Fnnds in az► amount nai to exce�d the maximum amount a tender for a federaliy ��;
<br /> ' �late�mortgage toan may require for Borrower's escmw a000unt under th„federaf Resl Ests�te Setdemeat Procedu�s Aci of —
<br /> `��.�;�',, 197�L as araended frora time to time, 12 IJ.S.C.Secxion 2601 et seq. ("RFSPA°),unless another law that appHes to We Funds �,_�
<br /> :f�� �a Lesser amount. If so. Lender may.at IIny tune.collecc aad hold Funds in an a�uuat noi to exceed the lessei amoan�
<br /> ' ,?,`.�� 6rzudec may estim�te.t�s amount of Funds due on the basis of airrent dara aad�asonal�Ie estimates of expen�dit�rs of futnre —
<br /> • � ; �scmw Tt�rs ar aEtr:erniise in accordance adth apgdscnhle taiv. � —
<br /> '�" � Tke ru�s sisall tte he[d ia aa i�sti�tiQU cvI�nse c�gosi:ts are iu..�ued 6y a fedc�.�;enry, incer�_.�,�rA���,, or entity ', � :::: ��
<br /> _. '�Sy (iasEudiug S.e�er,if'I.eader i��an in�tit�Q�)o,-ia a�+�'t;ea!Mome Loa�s Ba�ic.�tt1c-�shall apgiy tlue�curds rn f�y tE�:'.: �_•.,, �_
<br /> „:�, E�e�Icems.Lencder may nac c6�e Hanuc�s fa;.ho�di��z��s�plyi�g the Funds,xm��J��,�tyzi�;.the e�m��xsita�ar ;,,.`..;,� �'�
<br /> z`' , verifyi�g the Fsanar L►emg,unl��t,�ud+er�v I�rn��+ec na�et�mn t�e£�g a�d appli���v pem�ir.s l'.ard�r�o���suc� _
<br /> 'i'��•� � a chazge.Flowecr�9 LQnder may r�E'satiji�r t�a PQY a an .ne=�me.�9a t�;ir�n cndepeadent eeaI:�et�ir-tsu;t�epar6ag se�c� .. ,., _
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<br /> f L�4",` � �std 6y Lender ia canne�xian with t�s lo�i, i�less a�gg�'s��,Sa.��r;�xst�s athernise. U�eS3 nikli��12LL•�S Qk'iQC OS` ,_ � j�p_
<br /> °`!:�: �•:,�� apglicable taw reqnites intz�i m:13��aid,Le�der shbll na¢6��r.r�a txr;p;�+�orrawer:�y inte�ssi'r,�tiu�iings�C',�e Futtds. • r.
<br /> � � �• Bbr�ower and Leade}�may agnx;ir�.�.laaibi�g,hdwever,dtsf fmp�fi�ialf��rai9�on t4�3��unfc. i.�.�tli'etr�JG�9..gi��ta��vrtr, �'��_
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<br /> < .J wifhaut charge,s�ru�r,nal aocauiriiir�r:4��he ritn.�'S:showing tre��.�rnd:d.r�i:s tt��:;,�'r��d,'�ltcs�t���'or cu3�.e�e9�. ., �r�z'
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<br /> � . c;e6it to the Fut�tfa w���zd8.T��iiQ�at�1Tlt��ss udditional se�;idf.y���rurrsl:�sums ss"=�b�tt�:3ls��y��Y:';:�, ,.,,. ��Y :.
<br /> 3j���� -;�� Jf th�Facais-ll�rlf�sy f�nder exe:ed�t�e airn�x�ts geraaitted to ba 6c-!st 1i�!t�Plicable law.I.ender s�f:�oea�ant to Boarr�w�ar' •' �•``-
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<br /> '��',�, ;: :,.`.:,, 'fa�r tho:i•x+�ss�uni�•��u,��sacorda�c�itis ihe teguirements of a licable law.��''the amount of the Fands hetd Lem1x�as --
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<br /> �.,<'`:;,�.:�' timaia'iiac�sa€tIcle;tt w pay tha Escr�w Items when due.L+eadet taay so notify Barrower 3¢►�vriting,and,in suc.h c�sc Bnrrowct
<br /> `';r, �.�:.' ` �� shal{p�to Lea�Ger the amount neaessa�y ta make up the deficlency.Borrower shall make up the defictency in no mote theti
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<br /> � twel ve monthly paymenis.at Lender's sole dls�etion. �"
<br /> Upon paymeni in full af alt sums secused by thLg Secueity Ingtnunent. L,ender shall promptiy refnnd to Svrr�ower arry =_
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