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<br /> TOG&'FFiER WITH ali the isngro�ements ctow or�sreafter erected oa th�property.and ail easemeats.a�purtenaaces.aud ��'
<br /> �ixiutes nctv ar fleRafter a patt of the Prapert5+. All replucements and addifions s6all aLso bs cov�ered by this Sscurity �t.�_`-
<br /> Fc Instrument. Ali of the fomgoing is referred to in this Security Instium�ai as the"PcoFertY-"
<br /> �',' HORROWER COVENAN"E'S that Soaouer is lawfully seisGd of the esaate licreby conveyed and has the right ta grant ar.d ��.
<br /> � convc�the Property and Ehat the Frnperty is unencumbered. eacept for encumbrances of record. Sorrower warranis and will �-,:.:',
<br /> --- defend gs'neralIy the titte ta the Pro��tY against al!cl�ms and de�nds.subjert w any encumbrnnces of record. — _
<br /> THIS SECURTf'Y INSTP•iJM�NT combines unifarm covenanu for national isss and nan-unifarm covenanss witt►timitod
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<br /> vasiations 'urisdicaon to wnstitute u uniform security instrument covering real property. �'"
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<br /> ` ` FJNIFORM C�QVENAN'I'S.Borrower and Lender coeemnt and ngree as follows: p wheB due the ��
<br /> .��-- f.R�ymsnt oF P�ir�cipal anai Inte�t: Pv'eFa3+meaii and I.ate C�es. Borrower shall romptly pay .
<br /> . principal of artd intere�t an the debt evid�nced hy the DFote and any prepayment and lase charges due under the Note. ___
<br /> Z.Fuads for'C�and�nuaace•Subject to applicubie law dr to a�vritten waiver by L.�ader. Borrower shalt pay to v___
<br /> , Lender on tdie d�y monthly puyments are due under the IVotc.undl the IJote is paid in full.a sum f"Funds")for. (a)yearly ta�ces �,�_
<br /> and assessmems whtch may aUain priority over this Secu�ity InsTrument as a lien on t8e Pmperty:(b)Year1Y leoseha[d payuieats �_v „
<br /> or ground rems on the Fropetty.if any:t�)Y�ly hazaid or pmperty insurancE premiuma:(d)YeazlY tlood.insmance premiums, �; _
<br /> if any:te)YeariY mortgage insurance preoriums. if any;and(�anY sums P3Yable by Eorrower w Leader,in accordans�wit� --
<br /> � ''��`l.� the provisio�s of p�ragrapt�8.in lieu of the payment af murt„age insurance premiums.'fhese itents are called"Escrow Items-"
<br />:`%l�'.` Lencter may.at any tirae. collect and hotd Fnnds in an amount nat to exceed the maximum amount a iender for a federally -,,..
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<br /> mlated mortgnge toan may require for Borrower's escrotv account u�der the federal Real Estate�ttlement Frosxdures Aci of .�s;X.,
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<br /> 1974 as amended from time to dme, 12 U.S.C.Section ZGf}1 et seg.("RESPA").unless accother law that applies to the Funds ���
<br /> `�.°;� sets a lesser amount. If so, Lender may.at any time.coitect and hotd Funds in an amount not to exceed the tesser amannt. ----
<br /> I`s,><;:�i, Lender may estimate the amnunt of Funds due on the basis of current data and reasonable estimates of expendiwres of fihue •�:-1;°
<br /> ' ��<"� Fs�row Items or otherwise in acoordance with applicable taw. �;
<br /> � . The Funds shall be held in an inscimtion arhose deposits are insured by a fedeial agency, instrumentality. or entity _ �.;.
<br /> '` •"' (instud'm g Lender.if Lender is such an institution)or in any Federal Home Loan B�tc• Ixnder shatl aPPjY�e Funds W pay t�e � y•
<br /> ,`;f;6�� Escxow IteEns.L.ender may aot charge Borrower for holding a n d app lying
<br /> t he F u n d s.ann u a l�y+�.y z i n g t h e e s c r o w a c c o u n t.o r �.
<br /> ''�s'r` verifying the Escmtv Items.unless Lender pays Borrower interest on the Funds and appiirabte lawpermits I.ender w make saCh
<br /> � a charge.However,Lender may require BormRer to pay a one-time charge for an inde�rendent real estate tax repordn8 service �?""'
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<br /> tt.�t by E.ettder in wnnestlon with this loan. untess �plicabie lavi pmvides otherwise. Unless an agresment is made �r _�_
<br /> ��icable Iaw requires i�erest to be paid,Lendes shall not be requised to pay Borrower�yr iu�si or eamings on the.�urnis.
<br />,";,;�3`�s Borrower artd.Lender may agree in atitin8.hawever�t6at interest shall be paid on the Funds.Lender shal}give ta Bornuwer, �f,".
<br /> :.y; t arithaut c[tn�.an annual accountiaS of the Funds. showing credIts and debits ta the Funds�the puYpose for which ea� ' • '
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<br /> �,�s debft tcafu:.��i,i:�was made.'['he Funds are piedged as additianal secoriry for all sums secured i�.this Security Insm�ment. �'
<br /> � ` ' � '�-���wsir.z�.held�}�.Tuzzr.�3er exceed the amounta permitted to be heid by agp�iaw,�ar shall accuunt w Barcavs�sx �
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<br /> . ' .:�;�-'r��'��y�d's isi as�taa�onr,e with the requirem�:ax oE agplicuble law. If tIs►:�uat of i.'ra Fuads hei�€�jr Lender�t any ,j„-
<br /> . . ii�e is aai su�.�cient ta pay the Fserow Items when due.Lrnder m�,,v so notify Bormwer in wr"r�Fp,anc1.€fl�c�c sase Bomower .��
<br /> '.''I���q�� � shal!pay to 7�tider the amount necessary to make up ihe deficie�r,�.�orrower shall make up�def�ciency in no mare t�t --=_
<br /> •�. ,'� twelve moathly payments.ai Lender's sote discredon. �,
<br /> � Upan payment in full of all sums secured by tt�is Sec�rity Instrument, Lcnder sBall pmmPttY refund Eo BOn°w��3'
<br />� � � Funds held by Lxndtr.If,under paragaph 21,Ixndcr shall acquire or sell the Property.Leuder.prior to the acquisition or sate ��'
<br /> • ;'`is�`}� of tke Property.sha11 apply any Funds 4aid�by Lender at the 6me oE accNi3iaon or sale as a credit against the sums secared 6y _
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<br /> �..�:;�.'� this Securen,;;�ttument. �
<br /> � �•�, � nts receivrA 6 Lender under 2.�
<br /> � 3.A�ufir.ib!!on oY Atyments.SJnless agplicabls Iaw provides mi'r�cwise.a11 panne Y �� ,' ��
<br /> � t�q:p�12 sha}I�be applietl:first.to sny prepayment charges due under t�e Note; second.W amoums payabPe u�e��aragrap�2; � ---
<br /> . • ..t�i�i�:to intemst due:fourth,ta principa!dae:and ltu�;.6�aay late eharges due uud+�r ttie Note. ` � . � .'.�,�u Y
<br /> . ' 4.���.�,�c�s.Soisower shall pay all taxe�.�sessments.c1�rSes,fi�,.�$�sd impositians attributa6le to ttie Praperty ,�,,;�
<br /> . which may.fc".k�3n priority over this Sec�t�i�;�Iastsumeirt, and leaschefr���ayments or grovnd rents,8f any.Boaower s6al1 pay —
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<br /> these oblig,�virs in the manrier provided in paragraph 2.or if not p��sn:that manner.Borcower shall pay them on time directiy _-
<br /> • ;f�t�e peison owed payment Borrawer shall promptly fumish to Lander all notices of amounts to be paid under this yatagraph.
<br /> ' .J.�'8arrorrer makes these payments directty.Bunower�it;t:l promptty fumish to Lender rtxeipts evidencin�the paym$nts. �.
<br /> . ' . Borro�ver shall prompfty dissharge any lien cvhiuir,i�s Priority orer ttis Securiry Instcument un3ess Borrower.(a)agrees in r �.:...
<br /> , ,;;A��;.: writing ta tf���aayment of the obligation secured by t6e Len�in a mam�et accepta4�le to Y.,e�er,(b)contesis in gaod faith the!�en ��.�.
<br /> . :'�i�' by, or dcCt�a�l:��nguinst enforcctnent of the lien in, legal procee�.tiis�whicb in the Ler�er's�a�inion operate to psevenr':�,�.:� �
<br /> ' " enfarcem��.;t:r.the lien;or(c)secures from the tintd�c�the lien•aJ:�greement satisfactory to Lender subordinating the tir;��A�S� ■�s
<br /> this Securiql Instrument. i.°Lender detemwies tlwt.an�+�S:1st of the Property is�aU�,��to a lieee which may attaia priority a�ar . –_
<br /> ,' *�l'�is Securit��►Instsument,I.ender may give Boaawer a zcrice identifying We li�s:�arrower shall sadsfy the lien or take e�C ar
<br /> y� IriQiG Of tUi:a�:+.:nns set forth abave within!0 days of the giving of nctice. , � �
<br /> �'"��;j�j�4;:��, Fomt 3026. �.�SO �.
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