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<br /> P P�nY• nrte�ances,aad �-Y_:
<br /> TOGETHER V�ITH all the improvemenu noiv o�e�s me�nts�and tad�iti us shall also b��e�y t6is Security
<br /> fixtures aow or hereaft�r a part of the pmperty reF ��-
<br />:.:r.� • lnsmiment.Ali of the foreg�ing is tefened to in this Security Insaument as the"Pmperty." �:.::-
<br /> BORRO�VER CnYENANTS ii�s Burrower is lawfully seised of ffie estaie hereby conveyed aud has the right to grani and —
<br /> � comey the Prop�e�2y+ and that the Properry is an�.ncumbered. except for encumbrances of racoed. Bprrower warrants and will
<br /> � defznd�enerally the title io the Property against all claims and demands.subject to any encumbrances of record. �.�'_.�
<br /> �_`
<br /> THIS SECI3RI'fY INSTFtUMENT oombines uniform coveaants for national use and noa-uniform covenants with limited s-�---
<br /> variations by jurisdiction to constitute a uniform security inswment covering real property- �:
<br /> UIVgpRM COVENANTS•Batmwer and Leccder coveaant and agree as follows: a when due the �Ty'
<br /> 1. Fayment of Prindpal and �nterest; P�sePaYment and Late Charges. Hermwer st�all prompttY P Y = -
<br />' � principal of and interest oa the debt evidenced by the Note and any prepaymeni and late charges due under the Note. ��=�
<br /> ___ y. ��f�.������, gub3ect to agplicable law or to a written waiver by LeaCer. Boaower shall pay to ��
<br /> �-:.�.:.,
<br /> I,ender on the day monttily paymenu are due un�er the H(ote.unril the Note is paid in ful1,a sum(°Fun d s")fo r.(a)y e�a r l y t a�c e s �,-.�.
<br /> • ��esy�ne�rts whicb may attain priority over this Secvrity Instrument as a tien on the Ptaperty:(b)Yesrly leasehold p�yutents `;_
<br /> or ground reuts on the Property.if any:(cy YeazfY ha,zard or propeny insutance premivans:(d)yearly flood insurance premiums. -- -
<br /> if any: (e)Yearly mortgage insurance premium3.if any: and(fl any sumg payatrle by Borrower to Lender.in accardartce with ��,_,,'�:
<br /> the provisions of paragraph 6.in lieu of the payment of mongage insumnce premiums.These items are called "Escroev Items." �.__
<br /> • �,¢�e�m�y, at any cime. collect and hotd Fur.ds in an amoun2 not tu excecxl thc mauimum am�unt u tender for a fcdcrally =_ _
<br /> � related mort gage loan cnay require far Bon+nwer's essrow accouni un�er ti� fcd�ral Rcal Estate Settfement ProcetiurcY Act of �
<br /> 1974 as amended fram time to time. !2 U.S.C. Soction 2641 �1 te�. ("RES�A"}.U[l ICSS Ail0i I lCi III�V t J L'!t II p�I�C S t 0(�1 0 F l I t 1 d S �,._
<br /> • seta u(esser gmouns.If sa. i.ender may. nt any rime,colicct nnd hold Fur.ds in nn Funa�unt aot to exceeA tho lesser amount. �
<br /> , i,,ender may eFdmate[�e amnunt of Funds das 9n the basis aF current data u m i rcayan3 v le�s t�a�n t e s o f e a p e a d i t ures of future �VY.`
<br /> Escrow Icems or otherwLse in accorQance with appiicable law.
<br /> The Funds shall be held in an insritution whose depasits ure insured by e federtil ageney. in5trumentzl�ty• or cndty
<br /> =�;;�. (inctading Lender.if Lertder is sucI�an in�tiauton)or in any�Fedetnl Home Laan Hun1c.Lcrn�.r s�23!aPP�Y���w ac ount,or
<br /> Bscmw Items.I.ender may not charge BarroKec for holding ru9d applying the Funds.annuallY�wat)z�n8 �
<br /> .: : verifying the Escrow Items.anless 1.ettfi�s"pr�3+s Bozrower i�rt.--ast on the Fu�1s aaa�JiCabi�lr1w��€�tite Lender to maf�e such �•__-
<br /> <:;�, a charge.Hawever.Letcder may require L'omo�ver to pay a on�time c1�'Se far um In��������rting service �•
<br /> used by Lender in connection with this loan, untess applivabld law prov:dss othz¢wise. TTnlcrcrs an a�,rceement is made or -
<br />,;�`,��. 8PPlicable Iaw requires interest to be paid.Lender shall nQe be raquuer�to pzy Barnnvcz as�,.interest or ea�nings on the Funds. �r—s
<br /> Borrower and Lender may agcee in writin8.howe�'er,that intecest sis�itibe paid on tho�un:te. lxader shall give to Borrower. ��..
<br /> ,:i,;�,:;, se for whic6 each
<br /> �;c,� without char�"��annual eccountin�of the�unds,showing cre�an�deUits w the t�itads and c�e purpo �,..
<br />�=��� debit to the Fer.�s was made.The Funds•rlc ptedged as additiunal�ry for ull��•�.xuced by ttais 5ecvrity Insuument.
<br />,�z�,,.
<br /> `.z;.'� If the Funds held by L�rr��er.ceed+'�""e amonnts pemvtted to 6e held by appfic�dola law,I.�der shall account to wer
<br /> '�`'"`�. for the excess Funds in acca�'~w"r,��a+ith��cequiremenas of applicable law. If che a�aonr�af tfae Funds beld by Lender at any �
<br /> '�iti�.ffv�
<br />�'�'��' '� rime is not suffcient to pay ths�acrow ifeus�when due.Lender may so notify Borrow�r in�ng.and,in such case Borrower =—
<br /> �a�'J��t
<br />.':_,�;���s�; shall pay to Lender the amount necessary tzn make up the deficiency. Borrower shall make up t1s���`�ficiency in no raare than
<br /> _"�"�"s` twelve monthly�ymenu,at Iander s so2e�.'scretion. —�'
<br /> � -- Upon payment in fiill of all snms secured by t�s Securiry Insmimen�I.ender shall pra�-i�'.f refund to Borrower ang� r.—
<br /> =- Funds hetd by I.er+der.If,uader paragraph 21,Lender shall acguire or sell the Ptoperty,l�nder.Fr�ar to the aoquisition or sa1� �••
<br /> .,;;;::-�
<br /> ��.��:'�� of tlte Property,�all apply anY Funds helst hy Lender at the time of acquisation or sale as a credit�ainst the s�s secured by
<br />'`"'''�� this Security.�n�c�t�ent. n�qf��r-���.J�,�
<br /> ,�.�11�1. r�^.. � 3 Y�'^t7"'Yr."'' �..
<br /> 3.ApplIraiiara of Payments.Uale�..:a sp�licabl�law provides otlierwise.all paymeats tecei�`aG�� 1-ender uuder —
<br /> 1 w�d 2 shall be applied:first.to uny �.raym�nt ct�xrges due under the Note;second,to amou�"a payable under paragr�pb�.; _, _
<br /> n
<br /> ` third,to interest due;fourdr.,ccy�riucipal due;and last,to any late charges due under cha Nota. • . �f;u;-�
<br />.�"��;�` 4.Cl�arges;Liens.P.c:t��er sha[1 ray all taaes. assessments. chazges,fines and imposidac�a attri6utable ta the Propert�. �
<br />:.�:��+:
<br />,H;���: . whlch�y auain priority over this Sec�ata Instrumen�and leasehold paytnents or ground re�;':�, ef any.Borrower shall pn�:`; �
<br /> these obligations in the marrer provide���cn paragraph 2,or if not paid in that mantter,Borrower t�l pay tliem on time d'ue�'9�'r,. —
<br /> to the person owed pay�mcr�•Borrower shall promptly fumish to I,ender all nodces of amounts to be paid n�ttus para8rap+s•.
<br />,:..,,' If Borrower makes these payments ditectiy.Borrower shalt promptly fumish to I.ender receipts evidencing the paymemts. `
<br />�_,�.;.r.:,
<br /> Bonower sP.af1 prompdy disclzarge any lien�vhIch has priority over this Security Insuument unless Borrower:(a)agrees in
<br />�;��,;� . writing ta the ps.���ept of the obligadoa�sured by tAe lien in a m�acceptable to Lendar.(�Jr contests in good faith the Ii;�u
<br /> �"�`` 6y. or defends �guinst enforcemeas o�r,�� lien in,legal praceedin�wTnich in the L.ende�r"F�=.¢anion�operate to prevent 131rg�: d •
<br />:���,�� > enfomement of the lien;ar Qc)�ecures�lrom the holder af tI�]ien an agr�ea�ent saUsfactory�i Lznder su6orrfinadng the lien to �,_
<br /> ' '' � this Security Instr�ment,tf D�.::�r de::rmines that eny part of the�'roperty is su6jo:t to sc 1u�,:which muy attain prioriry over � __
<br />-;��;. .
<br /> `��' this Sea►rity Instrument,Y�a^.3:z rn�y��=BorroH+er a notice identifying the lien.6orrowet s1ir,�]satisfy the lien or talce one oa —
<br />::;;;h,';: more of the flctians set forth zbo�•e witP'�.us-i0 days of the giving of noiice. --
<br /> ��.•. Farm 3028 !!�0 - -
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