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<br />� ' TOOE7'HER lNffH ali the imptovements n�n�v or horeafter erected an�:prop�tp.and aIl easements.agpurtenances.and `_ ._.
<br /> ��.`',� i •�:. :
<br /> - �.n�rro *anw as her2after a D� of 4he properiy. Ali n,'pla.�etnent� an� tiddtuons sdsl! also tse covemd by t6is Seqtrity �� . ;
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<br /> Irsstrument.Att of tize foregoing is referred to in this Securicy instr�ment as me rrapc��y..
<br /> %' `- $p12ROV�R CpVEINpNTS that BorYOwer is lawfialty seised of the e�tate hereby conveyed and has Ehe ri�;t►t to,graz►t and i�•�.
<br /> ��•�--�-_,
<br /> convey the Pro�rt3+aad tt�at the Pt+operty is unencnmb�ted.excepi for eBCUmbrsnces of reoord. Borrower warrants and will ��°_.-
<br />� � defeud geaerally tIie titte w tt►e Frvpertjl agsinst all aairas and demaads,subjxt to any encumbranoes of rec�rd. ;�.�:
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<br /> � THIS SECURTTY INSTRUII�NT wmbia�s unifoim covenanu for national nse and nan-uniform covena�rts�vith limited � f.
<br /> �• � variations by jurisdiction to oonstetute a uniform serurity instrnment cdvering real property. ��:`:
<br />'-%�� ,� UMFORNI C�VENAHTS.Borrower and i.ender sovenant aud agree as follows: ���xF
<br /> • �°� �sd Y.�2e C�es. a �vhen due the i�''""`
<br /> �.��� Y. �ayttteaY cr�F1-��cf�a�t3 B�i��G�� Sonorrer sball promptlY P Y i .:��s.:
<br /> �:�-_`:
<br /> principal of and interest rna ci�e debt evidenced by the Note and anY Preg�aY�ent an!�la:e charges due un der t r n N I�:e. 1 ,i;•:.`:,
<br /> 2.F�ads€er Ti�����• Suirject to a�p�icable Iaw or to a�:�eraiver by i.ender, fi�cu-ro�ver shall pay W �.��,.-.
<br />�=..`t���_� Leadrs on the da����r�ents ase diae under the Note,u u t i l t I�e Note is p.��'�full,a sum Q°FS�nds )�aY:ta)yearty taxes ,.._.-
<br /> ;-�`� ic,a��l��.�n Fri4r►tY over t6is Secvnry Instrc*me��as a tien an the�c+opertg;lb)Yeaiiy t�sehatd payIISents 'i'�.f=��i��
<br />:_;,,,}.:, ancI asse�s�r flood insurance pm,miumg, '�>`''��f<;;
<br /> . ar gmund rencs cn�e L�-t�►ty,if any:t�}Y�Y h�d or property ia�surance premimms;{�Year1Y t:�,.i;;..
<br /> . if any:(e)Year1Y mortg�inswance premiums.if an.y:and(fl aY►Y sums Pay�h.e by Bonrower to Lendzr,in axordanor arith , ,,,`
<br /> < the provisions of parag�sh 8.in l ieu o f t h e payment Q f mo rtg a ge insurance�:�ums.These items are called°Fscrow Ice�s." �`�'`
<br /> � I.ender may.at en3+rime:coueM and hold Funds in an ennount not to excead tPie *n'=��-m �4unt a leader far a federally
<br /> ��
<br /> � nlate�mortgage ioan may reQuire for Borrower's escrow ercount under the foderul Real Fstate Seictement Procedures Act of �;
<br /> � 1 9 7 4 a s a m e n d e d fr o m t i m e to t�me. 12 U.S.C. Sxtion 26U1 et seq. (°RESPA").unless another law that applirs to�the Funds �:
<br /> . '•.��. s e t s a t e s s e r a m a u nt.If so. I.eoder ma y. at aay ttme. wllect and hold Funds in sin amaunt not to ex c e c d t he lesser amonn t.
<br /> ''` Lender cnuy esdmate the amount of Funds due on the b�sis of current d ata a n d reasona 6 le e s t i m a t e s o f e x p c r�d i N r e s o f f i►t u r e !�.:
<br /> � L�scrow items ar oWcnvise in aacordanse with uppllcuble law. :__.._
<br /> � 'The Fund9 sSiall be held in un i�stetution whose depo5its nre insured by a federsil agency. inssrumentality. or entlty �.
<br /> (TncGtding Lc��der.if Lender is such an�nsHtuUon)or in uny Federal Home Loan Ban1c.LenQer shal!apply the Fends to pc►y IUe
<br /> ' Esctow Itr�-ns.Lender maY Rot charge Borrower for hotding and appiying the Funds.annually anafyzing the escrow accaunt,or �"'�"
<br /> � • ve�ifying the Fssrow Items.unless Lendee pays Borrower interess oa the Funds end upplirsble Inw permite Lender to mafce such
<br /> �t�riH:
<br /> a charge.liowever,Lender may require 8orrower to pay a one-time charge for an indcpendent real estate tax regorting servlce �'
<br /> used by Lender in connection with tlris loan. unless app�tra6lz law provides ottaerwrise. Unless an agreement is made or �;;:�
<br /> � applicable law requires interest to be paid,Lender shall not�e required to pay Borrower any interest or eamings on ihe Bands• �``
<br /> Borrower and I.eader�ray aSree in`�vriting,however.that iaterest shall be paid on the Funds.l.endecr shall g►ve to Boaawer.
<br /> ° wi�aut char�e,an.a�:af accou�►ang of the Funds, showing creciits acd 'c.�Fts to the Punclg and the purpase for whieh eaci� �
<br /> '� de6it to the Funds vres z:.as�e.'T�e Fuads are ple+dged as addirional sec�:rity f�c,n16 sums sec�ued by this SeFuritY Instrumem. � �'.'.
<br /> .. ;".• • If the Funds tield Ly Iar.�er ex,x��e arnounts permiued co be hetd 65 kgp3icabte law.I.ender shall aa;ount to Barrower - -
<br />`�.�, �.;: for the excess FuRds i�sa�o:''����e m.cNitaments of applicalole taw_�f tLs amount of the Flinds held by Lender aa aay ,.
<br /> "::,�.: ., timt is aat suff'iciec�t��Fx the Fscaow Items when dne,Lendes may so r�oC4 Boxrnwer in writing,and,iA such case Bormwer :;;,::.�f`
<br />�::, •„•. t��,¢r.�er t�e:a;�ount necessary to make u the defrcieacy.�oazewer shall make up the defiri�acy,n ao more d�an ',�:.;
<br /> ,,t� � , shall pa� P . , .:, o---
<br />����°�r�`�� . twclv:raueti�l.y Ea.��s,ai Lender's sole discretion. • . •----
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<br /> '�`%�'�%. Ugo�Dus..�.,z i� fiill of all sums secured by tl3is S��zi,^.5 InsttunnQnt,�en der s h a l l p r o m p t t y r e f a m�d t o Ba�o�r�r a�Y �_�—
<br /> ��":�'� � � �* fi 21,1�nder s�.12,aen�:e oc sell the Propert3+,bender,prlor to the acquisitioa otc sa►� `� ��,�:
<br /> Fund��.��5�•3..�.�.ec.',.2.under paragap
<br /> ',� �,'� of tha Yroperty:c".tu.�i:rr�',��Y anY Funds held by�er at the ti�ae�c�ccc;asltlari or sale as a credit against the sums sea.�by _:j,�'.•, .m
<br /> $I�S$CCUttt}�T7LSIS�':�(L: , f�._---'
<br /> 3.ApplIrat�oa��'�sY��ea4�.L*utess appIicubte 1aa provides ot�ec�:��:;pll payu�ents reoeived by Leader ander paraSa�apS�s' ,•.
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<br /> 1 and 2 ahall he apptied:fust,���y plepayment charges�:e cndsr t:.'.e��':s:;sa�nd.t�ea3sounts payable under paragaaPh 2; ---
<br /> � third.ta int�rest due:�fous@t,to�.n�:pai due;and last.to a.::.t gw�e c42:���under tha 7dc�te. • � ---
<br /> .. 4:ChuBes;,'L`rar�'..Borrower shall pay all taxes,ass��:i�,c�"�'�'a'�es 2ux!impositiong attributable to tha Pmpaty ' —
<br /> : � • which may attaia ta�irtc:y over this Securiry Instrument, ar.d l�a:d gz3�:�pts or ground rents� if an}�..Borrowcr.s}lali p�y
<br /> , � these o�l*:�ations in th�tnanner provided in paragraph 2,or if:�.p2id in that mam�er.Bozrower shall p;:;r'�on tune disectiy .��`.,'
<br /> . to the�;�a owed payment.Honower sh�ll promptly f�ci.�'�•^�a 1.�'+der all nodces of ainounfs to be paid under this para�p�• _
<br /> � If gar�.�makes.c`:ese payments directty,Borrower shafl prc�:ly furaish to Lender receipts evidenciag the paYments-'
<br /> .' . ' • gondwer strriiL•ry�p�ptly discharge any fien wiucb 6as prioriry Ave�;.:'ua Secarity Insul�ment unless Borrower: (a)agree�in
<br /> . . writing to the pa�aa�r:of the obligation secured hy the lien in a manne�2�ceptable to Lender;(b)oontests ia good�faith the�ien , —
<br /> '° by. ar,Cefends aga�:.�t enforcer�.��n of the lien in, legal proceedia3s which in the 1.endes's opinion operata to prevent the ;:,���`
<br /> ' � enforu�xr�r.t of the Iiea:or(c)si�:ses from the hoidcr of the lien en agreement satisfadory�eo Lender subordinating the lien to :'� ._ �'
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<br /> ' art of the Property is subject to a lien which may attain priority oves �"
<br /> . �cy:,�r,y Insrcnmer,t.If I.ender determines that any P ---...
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<br /> �g c„�,�,��,;���,��,I,ender may give Borcower a notice identifyin�the lien.Borrowez shall satisfy the lien or take one or ,
<br /> � • mar.e c;��actions se2 forth above within 10 days of the giving of notice. �
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