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<br /> ,'.�'L . 'TOC�THER 6V[T�all the iacpmvements r.ota or It:r.�f�er e�ed on[�pr�erty.�ucd a!I eu�emenss.appurten:�ces.ansi ;3;�_
<br /> s:n�c �w ar MseaRes s aart of tM araperty. AI! teT►IacentEnts s�nd uddi�ions shal! aiso ise wverad by this Secarzry -
<br /> `,:.° Iastntme�.AU of the for�oing is referred to in this Secusiry Instsument�s the'FroPcrtY•" �;;
<br /> BOR�4tOW�R CO�NAN'TS tFiat�arrawer is lavrfully seises!of the est9ze hereby conveyed nnd das the right to grun�und �:..
<br /> . canvey tl�Fropetiy tir.d tttat thn Fmp�rspl is untaeua:bened.exoept for encumbr�..noes of temrd. BotTOwer vranat►Ls aiui will �
<br /> defend ge�rulty the title to the Pmpecty a8ainst atl ctalms and dem�nds. subject w a�sy en�ambranres of record.
<br /> T�iI�SECURiTY INSTRUMENT combines uniform covenants fos nat�onal nse and rton-unifor►n vovenants cvith limitc�! _
<br />'� •���� vuriatlons 6y jurisdictton ta constitute a euuform secwity ins4rumer►t covering real praperty _
<br /> -� UIdI�ORR�i�QVEN,ANTS.Bcurowc:r�d l�ncier cavenant�d agree as follo�vs: tivhe�du�tite _
<br /> �'� 1. PYyment of P��ctpal an�inte�s9: PrepaY�nea3 aad Late C6�g�. Borro�vet shall ptomP�Y PaY �-
<br /> �`� priasipa!of and interest on the d�t evidsnoed by the Note aad ar►y piepaYment ana late charges due und�er the Note. •
<br /> , Z.Frmds fQp•��aes aad 1ns���$ubje�x to uppucab�e law or to a written waiver by Lender. Borrower shall paY to ��
<br /> , Le�der on the day ceonth�y payments are due nnder tl�Note.ufltil the Nate i�paid in fnll.a sum("F�nds")far:(a)y�uiy tax� _
<br /> and assess�ents whIch may attain priority over tIus Secns►ty fnstrurneat as a lien on tfie Pcopsrty:(b)Ye�'Iy leasehald paym� __
<br /> ar gmuad rears on the Pruperty.if atry:(c)Yearly harrrd or pmperty inseuance premiums;(d)Yearly flood insvr.�noe premiums, —
<br /> if azry:(e)YearlY martf�8e iasurance preminms,if any:and(fl�Y�PaY�le by Borrawer to Lendes.in aocordanoe with
<br /> . td�e provisions of paragraPh 8.in lieu of the paymeut of mni4gaga iasuranoe premiums.These items are called"E'ECmw[tems.° _-
<br /> '` L,E�der may.az any time.coliect and hold Funds in an emnunt not to exc�ed the maxim�m amanat a iender for a fe�a�ully
<br /> �, �' related murtgage loan may require for Borrawer's escrow acoount under the federal iteal Fstate 3ettlem�nt Pracedures A�nf
<br /> 1974 as amendcxi fmm time to tia�e. 12 U.S.C.Section 2601 et seq.("RESPA°).unless anather lt►w thai appiies to ths Fuads _
<br /> ti e =�
<br /> sets a lesser aiuowi� If so.Iander cnay,nt anY time, oolleci aa�hold Fuads in an amount aat to eac�ed the lesser euinwrt. R�.
<br /> �may estimate the amouui of Fnnds due on the basis of current data end�asonabie esdmates of eapen�itures of futute .�:
<br /> Escrow Iiems or otherarise in socordance r,rith applicable law. &'
<br /> a
<br /> . '!�S Fnnds shnll ba held ia ea institudon whose deposits aze i�,ured 6y a federal aBeneY� t°1 the fivads W r�ibb� �
<br /> ,',`�,-` �. (Iaciud'uig Lender.if Lender is such an institution)or in any Fcdeial Homs Loan Buntc.Lender sh�GPP 9 p�'Y �-
<br /> `:: i � the Fueds.annually anatyzin8 thr escrow�ccouat,an. � -
<br /> F.�cr�w Items.Lend�r may nnt cbarge Bormwer for haldin�sua�apP Y 8 "
<br /> ' ac�-ing the Fscmw Items.unl�ss Lender pays Bornowec�irit�est on th:Funds and applicabte lavi permits Leader to a►ake sucfil.
<br /> . a ch�ge. 4Iow�wer.Lender a�..ay r+�quire Barrower to pay i:�ne-time charg$fo�an indepeadent r�l esu+te sax repas4�xtg service "
<br /> a
<br /> osed by LendeY in c�armrction with this loair, ua2ess applicable law pms►ides othecwiss. Unless an agre�mtat i�made or _
<br /> act
<br /> � apP2icabie law requic�s intssest to be paid.i�.Cer shall not be�uiro�D W pay Bartower aay inter�ct ar eamings on the F�mds.
<br /> • ..$orrower and Lgndgr may ag�e in writing.fiowever.that interest shail�be pafd on tUe Fimds. Len�er shall give to Borrawer, _-.
<br /> � �if�ut charge, an annwel�aa�ur.�in8 of tlie Funds.s6owing cred�ts and debits ta•Ihe Funds and tha purpose for whieb each
<br /> �� • dc�I��t to the Fua�ds was p�ds.'f'3�r:t'unris azc pl�g�au acfditioaal securiry for oll snr�,t�zred by this Security InswrnPnt. .
<br /> -�. �4::� � Yf the Funds held by Lender e�tl�ussi�'s:�t.�pe�;a*..;.d to be hc-Id 4ry.app.lic��.4riw,Lsn�ts shall account to Bammvr
<br /> �,��` for the excess Fut.3s in aocordance with tfi�,-ra:cqni�ne�rs�appiicabfe 1xv�:T�tha amouat of t11�Fuzs�s held by I.ender�a�csy ..
<br /> . ` •� piii�.i9 aot snfFicient to pay tha Escrow Iteuis�:�en due.t,�der may so�uY�+Bdrrawer in wrl�g;s�d,in sucb case Borrnr�rar . �
<br /> Ftr�!�;1?�Y w Lereder the aznaunt necessary to malce up ds�.i3h.�ciuncy. Rorro�rer shall make up the deRciency in no more tGaEi•... � . -
<br /> .. tk'r�hxmanth[y payments.at Lender's sflle diceretia�. -
<br /> � , lastzu¢tcn�:.L�endat shall prompdy nefund to Boraower a�y
<br /> , � " Ugon paym�t in fult:of a11 sums sezwtd bY ttus�e..uritY .
<br /> � Fu�sds held by��.if,uader paragr�pb Zf�;Lenddr shall aaNire or�d�'�ts�P,ogR►�Y,Lender.Prior to the acquisition or saIe
<br /> � '� of,�.t�p�ng,,5�!!'apply any Fi�nds•he(d tiy I.ender at the tiane of.'���2's�n or sale as a credit against the suais secureci�y
<br /> �"�� ' t1ruH�:curry�Iasvumtn�. .. �� . , . . . � .
<br /> � 4 . •;�'�.Appl�floa of E'ay�:tlnless applicab4e law provides othesais�,��,;i p�.'!�receiverl by��'.!�r���Na�aPhs
<br /> . :j•:� . � 1'an�i 2 shalt b�aPPlied:flrst,.�a�►Y Pre�'_jmeat charges due under ti�t�;�te:seoa�r�::¢o amounts�•�'aEe rr.��r:r�aragraph Z;
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<br /> . • „� -, . thfrd;to imer�t'd�eo;fourth�to piinc�pal cr��;::z�d last,to any late chasge3 rdr.:.undtr the Note.. ��;.. .� �� �.
<br /> ' ��. 4.Gl�tges;LL�as.Bomower shall psy�il taxes,assessm�ts.c�s�fine3 and i¢�pasitIons�:ttit�utahi�to che Praperryr%,';
<br /> ' ,�kn may ettain priority o�ar�this 5ecurity Instrumeat, aud leasehold p�yments os ground n:nts.if any.Ho�.qn�er ahall pay
<br /> , �o1slJgations in the mannE�r provid=,d in P�B�Ph 2,or if not paid an that manner,Borroiver shall pay them ctu.r.�fne directly
<br /> � ta the person owed payment.Borrower shall prompdy fumish ua Lend�r,all notices of atnannts to be paid under t�bici p�ragrapH•
<br /> �� � if�rrower tnakts these yayments d'uectly,ti�rrowe�shall promptly t�.S:rriSh to Leader receigts evideacing the pay�:nts.
<br /> ' �� 1{ Borrower shall pmmptty.discliarge a:x�i:n which hos priority ov:�::�is Secudry Instruasent unless Borroiver:.ta}q,�mes l�s;.,� .
<br /> .�. �'.i �;:•,{�g�the paym,ent of u��;?'sligArioa seca�d by the li:n in a manner acoeptable cis���nder.(b)contests in goa�t i`�sith the Ile:i
<br /> ���� ��; or defends against enfnt�c►ccYent of the lien in, legal proceedings which ln tir�.Lender's opinion operate m prevent the _
<br /> . ������i{��`•� enforcement of�he 1ien;or4��:s'�s frmiathe holder of the lien an agreement satlsfactory to Lender subordinatiag the llen to
<br /> .��,��,�(;� �, this Securiry Instmment.If F.�Qer deter�si:��.s that az►Y part of the Proyerty is subject to a lien which may attain priority.over
<br /> -��.�:.'Ty.
<br /> '"'�"�'J t�i�S�rucity ys�strument�L,e�J�r muy giv�L�trower a notioz identifgring the lien.Bosower sha11 satisfy the lien or take one as
<br /> � � �i'x�a��o�ttflt+acttons set fonfi ::r�.i+e witi�in 10 days of the giving of notice.
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