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<br /> s TOCi�WITH iill the imgrovemenu rrow or hereafter erecte3 on the gropert�y,�d���m�ents.apPust�'�^cec,tutd ��:.
<br /> .t fixt�aes naw or hereafter a part of ths pro�rtY• All rePlace"'e^-tG a►cd addiuons shall alsa he covered by this �rity �—
<br /> . Insimme�t.All af the foregoing is referred w in tius Security Instrumeat as the"Property." �s
<br /> gORRpWEid,COVENAAITS that Borrower is lawfWly szised of tbe estate here�y conveyea ano icas me rignc io gr�a mcd ��.
<br /> os�av�y t8e 8ropecty and that the Propsrty is�nnenrumbered.except for encambranoes of ieoord. �rrovrer Hariants snd will �-
<br /> ' defen6 geneia3ly the title to the ProPertY a�°ainsf alt cL�ims and demands,subject to any enaunivances of record. �
<br /> ��-:
<br /> - �iIS SECUtt�'TY IP:STRUMENT cmmbi�s�.s tmiform caven�ts far nationa!ass aad non-uniform covenants wit6 timirod +..`�'
<br /> vaiiati.ons by juriadis�fntt to co�sstitute a�nriform sec�uity instrament cavering real pmgerty. _�-
<br /> IJMFORM*'O�l�NAI�'I5.Bonrower and L�ader covenant aud a�ee us�ollovrs: ;`_-
<br /> .=;.' 1. FaycaeB4 aP I'tfacSpal aa�l Inierest; Prepa3'mea3 and•lGate:'�es. So�rower shali PromgtlY PaY when due the t�'
<br /> prit:cl�s!af aud'uitcrest�qn ti�e drbi evidaaoad by t�Not$and��:�pa�?�it::artd late charges d�e under ttta Note. _ .
<br /> ',.y_� �.F�ds[or Ts�:aud p��►•ranc�.S�bject w applicabla.�a�.oz tn e vut5j�en�vaiver by Lender,Borrower s�all pay to '—
<br /> ga:ts are dae uader We Note.�xh:i�3a:e is paid;in fn(1,a sum(°Funds")for:(a)yearly taxes ;"
<br /> l�nd:r nn t�e i zy mo��ay�. _.
<br /> end assessttfents whiah�,r�.pTior,is.y:over this 5ecurity+Instre�m..°at s+s a�'s�os�the Praperty;(b)Yearly leasehold pay�uenis —
<br /> ar grous�d rents on the I'ro�;.u�"r,�y��(c�.�i�.�rd or P�P�Y���.x�?��?T��•(@)Y�S+tload insarance p�sniums,
<br /> if any;(e)ytaT3y mortgage it�i�"t4�pzeaiimm5.:;[,,a�i:y;:�nd(fl any sums payi�le��z�irrovier to I.�nder,in aacordance with
<br /> the pravislons of paragiaph 8.in lien nf'�.�ava:�t��mnrtgage insurance�n�'.��' ms.�Se:itams ere called"Escrov�Items.°
<br /> "'� L�tder may. aE any time,coIlect anc!hola:�ids ia an amannt su�t.*A'�e�c�'tl�i��-nrc�aumunt a len�er for a federalty
<br /> � related tnortgage loan may requir�for Hair•i�ver's escrow account u.=7c2�z x3���ed:ral �'T�ataf:e Settiement Pracednres Act of =
<br /> 1974 us amended fmm t�ane to time, 12�.;.^.. 5�ciion 2601 et seq. ("R�"''r A"j,r.a��ss�otber Iaw t6at applies to the Funds
<br /> � sets a tesser amaunL If so, Lender raz±�, ����ne. collect and Mid FiLr��a.�amnunt not w exceed tite l�ser amnuai.
<br /> I;ender may cxtimate tRe amoum a�r'E�qd�`�':�a�e 6asis of c�rr�nc d�a a��te estimates of exp�dltyres of futttre
<br />. ` 8sciow Itemc 6i otherwise in acxorc�c��'a�i�abie luw. :::�;�`�;::'.�. '� .�
<br /> , � 17�e �unds shall be held ia,a�;i�ris�:at�a wttase deposits aze�i.:.su.`Gd:��•a'i�9Tl1� R�IICSI, instrumentality, or e�ty
<br /> . . (including Lendrr.If Lender is s4�sEy a��.sritution)oz in any Fedeial Ii9ma Lro���'h:1.$r�er shall agply the Funds to pay tlie �
<br /> ,; �.. Esemw items.Lcacier may nai c��orr�aer fcs.�.atdiag and applying the Fu�tcls:::�atIY snalYzinB ths escrow account,�or �
<br /> . verifying the Escraw Items,untess�er�ays Bonvwer interest on ths Funds and:agplic�bie iaw permits i.er_der to malce such .
<br /> • a charge.Hswevet.I.endei may ree;��7er,-rower to pay a one-rime ctnarge for�iti inz��:.ndera real estate tax regoxting sefvice �-
<br /> ., usod by Ler,der in aonnetiion with �;xis:Ydaa, unless appHcable 1aw pravides is���. LJnless an egeeement is made or
<br /> �� spp}ic:abte!aw r�uires interest to be��8;;�rxter sh�ll not be raquired to pay Bo:r�azve�ahy iateze�i ar�e�min$s oa the Fdnds._ . • _
<br /> � Bonowcr and Lendtir may agree in w.t'�,however.that interest shail be paid r,n�e`F�d�;,T.eud�is:;ah�i1 give to Bn�xQwer.
<br /> withaut charge;an annual accountir�g d�`a�ie Funds,showing credits and de�:�!ti�rt?ia:�rnds`�.cl the g,���e for w�?ieb each
<br /> stebit to tht Funds was made.The Funds are ple�ged as additiona!securiry fbr�s�s-secureck�b�.tF.�'s�ac��'.�ssuvment:
<br /> �.,,� If�thc Futtds hstd b}►l.ender exc�ad the amounts persnitted co t�hel�b?:.�pp�c��e law,�t.��«�]I:�ccount to$drrower . f
<br /> for the exce5s Futtds In mecflrdance with the.�equirements of applicable 3�. ��'�e a�inr�rc�i t�a���a-��;�3 by b:ender•at any �r
<br /> � �� time is rtat sufticQent to p�y the Esciaw Items�when due,I.eader may so*..+�tifiy�ozs+nv���n sv'r"cti?r�,�3�.us such caae.�aPtower
<br /> ;' ; st�al�PaY to Lcrxter the amo�nt necessary to ma3ce up the.deficiency. b�src�,v�r sh�3!ai��e���:�7e��ir�eo�e��than
<br /> ��t twclve month�y payments.nt Lender's soie discre�a:�. ' � • . ,' . _. :; . :.� .
<br />" ' r: ' .Upon payastnt in full of all sums secure�.a;;.t6is Securiry Instruay..o�;txmder sh�l.pmmptty refi�rt�.ta'Bfl�aroWe�c�aa3► .
<br />�� �� Funds he1Q by Lextdtr:lf.under parngraph 21,�er shall acquire ar sel�the�'capeFty,Lender,prior to the acquisition c��!c � —
<br /> of the Proyerty.shaU apDly ffrry Fu�xfs held by�er at the time of acqui��Ian�ar sale ns a.�e8it agr►inst th�suiins set�,�,^��?ti:, ;.,.
<br /> •�.;; thia Se.curlty lnsteument. . , ` :` �,>� . .
<br /> 3.Appticat[ur�04 Poyt�ents.Ut�less applicabje law provides othetwise.a6t��ayments received by Lender ander pa.��i$�A�'
<br /> ''� 1�r,d 2 ahall.be applicd: first.fo any prepaym�nt chazges due urider the Note;secand,to,amounts payabte untfer pa.��; �
<br /> third.to intcrCst due;faurth.ta principal du¢;a.�91�.st,to auy late charges due under the Nota. ' ��� �,. �. � r," � •_
<br /> . � 4.C�r�es: Ider�.Ctorc�wer shall pr;�a?��axes.assessmcnts.charges, fines and impositions atuibutable to thr�c�pe�!;;�'�';:.:..`,"::�,;:;`
<br /> ` whtsh may atmin prtority aver this Secarir�.�.��eiiment, and leasehold pay�s,�its or grour.d�.nts, if arry. Borrowec���:�1 pay �::�'. :;;::;:.�
<br /> theae oblig��tosts in t�te munner provided in paragraPP�2,or if not paid in th�.�nes,Borr:a;.E,r�.'�a11 pa;�t.�a on ti�e directty � ; ,—
<br /> � to.the person owpd paYmcnt.Bormwer shait prompdy fun;i�h to Lender�mo�ca�.s�f amo_;ss eu���iJ;��d�r this'parugraph•
<br /> ' t' if&rrower m�iccs theso payme�nts diroctiy.Borrower sh�;;�mptly fumi�izc+��rre�ar°;t��+:�`�.�%��,g tc�ie,puyments.
<br /> � . . Bonox�r shall pra�mptiy dlscharge any Iicn wLicb has�rcrity over t�-�;�cc�.-iry:In��^ai:rr;,�;n,ess�3r�:�vwer,(a)agrees ln
<br /> . writing to the paymcnt a�Ute abli,gation secured by the lieti:a2.�c-_,annzrao�.�'.::1�to Lendc,:,.i�y coi�tests,i�goa�i faith the lien '
<br /> ', by. ar defends egzfinst enforzement of the lien in, tegul;t�o�gs af,ic?;: im che �ender's opinioa�,p�rafa to pnvent the _
<br /> • � enforccment of tlse licn;or(c)sccures frQm tlu holder of`�.�ie:1i�;�w�ee,.,�4��;tt�!sfactary to Lendes nati;�CtfinAtfc�g thc lien to : ;�,;°'
<br /> � tlfts Securfry instrumer[t. IP[.cndCr dcterm3nes thaE any part i�x��T;�;,�;�ropertyr is.s�r�t to a lien Niusa xc�r,�•�ttain pr[ority over , �•:',��
<br />. . � .this Securliy instrument.Lendcr rt�ny give Borrower a aotice idera:ifyIng the lieti.Sarrowes t?.'.�3 5�:.::=.`'�'�i�'',I'�1t.OT t,:St�on.°or . _
<br /> � � rtwre of the oc�lnn��et tonh�b�we withln 10 dAys of the giving of natice. � , �. =
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