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<br /> TOGFTHER �'VITH sll t�e innprovemea�m aow or hereaf4er erected oa the progerty. and s11 eas..pmente,
<br /> ' : appszrte�aces,aad fiatures now or hereafter a parE of ths property.All replacements aad additios�s shsll also be wvered �
<br /> by this Security Instrumea�All of the foregoiag is sefermd to ia this Sect�rity Iasuument as the"Propssty." °°_
<br /> '--- BOItRO�i�ls'R�."'�i V�'niiiAi'I'�thai�onower ie Iawiu3ly scir� oi tine estate herebq conveyed and hns th�rigat to F---
<br />��` �.' grant and coavsy the Propetty and 4hai the Pmperty is uaeacumbzsed,eacept tor encvmbsance�of record.Hanawer �
<br /> � - svarrants and will defeari generelty tisa titia to the Property againat ail ctairns aa�demeada,subject tfl apy encumbraacea �:-
<br /> of reoord.
<br /> �, -- 'TFiIS SECURITY INSTRtJMBN'1'combines unifosm covenants tar netion�l use and nonvaifarm covenants with �,
<br /> , liis�ited variations by luris�iction to constitute a uniform securitq instrumeat coveriAg real propErtg�.
<br />' �. : Ul►]YFORM COVEN�Y�T5.Borrower aad Leader coveuant aad agres as follows: ���::
<br />-_--. 1.Psy�ent oi�slpal aad Iratsr�:t'rclsaqa�ent�td Lete i��rges,.Borrower shall P��P�Y P$Y when due �.'
<br /> : ' thc priacipat aY and interest oa the deb3 evidenced by the Note aad any prepapment and late charges dua under th$Note.
<br /> Z. Faa�s�or'I'aYes amd Insur�aa. Subject w applicable law or to a svriteen waiver by Lender,Borrower ehall ��;-
<br /> �;+:: pay to Lender on the day moathly gaymente aro dua vader the Note.until the Note is paid in full.a sum{"Funds")for. '
<br /> ta)pearlp tases aad assessments wluch maq attain priority over this Security Instr�ment as a lien on the Property;(b) ��_
<br /> ' gqtlg leasehald paqmeat�or ground rems on t8e Property,if any; (cj yeartq ha7ard or property insurauce prem�ums; --
<br /> ',;�3• (8�Yeesly ft�d i�sitt'eACe piemiums,if BnY:Ie�Ye2rly mortp�ge in��rnnCB premiu�IiB,if eIIy;aud(f)anq sums paya�le —
<br /> by Barro�a�Lender,in a�cordaar.e e�ris3�the provisioas of paragraph 8,in lieu of the��a:�t of mortgage insura� �'-
<br /> premiums.'�'�e iLems ane calles!"��I��"Leader may,�any time,a�lleat e��1�Fvuds in an amovnt�i --
<br /> . , tv e$ceed the masimuza �.a.^�o�t a��z'�r a,;a �c�a11y related rnart�e t� s�ay reguire for Eerrawee's escra�v --
<br /> �count uader the fedc� �ZZe:t Esfats Sa�;���u�s Act�f 19rP4�a..��ded from time to�ne. 12 U.S.G --�
<br /> ; . �ectioa 2601 et seq.(�fi��"�,unl���..��au s'f�aat applies t�a the L�i�se�a les,er amoun�t�sa,I.ender mag. �.
<br /> at an,y tisae.colIect aad hoic�Funds i��n amc.�;�ot to eaceed t��y�ser a.�aun�i.e�dar�g�riffi,.�the�mount of
<br /> . Funds due on the basis of current dats�an����:e esiimatas c�f�,,.�S4ia�.�o�£uture�,�mow Ite�or otherwise in �:°=_
<br /> �.�daace with applicab2e law. �
<br /> .. The Fuada shaU be held ia an instituti�n whc��'►..�sits Pse insured bs$�3era1 aSena9.instrumeB�al.ity,or eatitq !�``
<br /> _ _ i�sludiag Lendet,if Leader is such an institution)or it�aap Federal Hoa`e�vati$anY.Lender sflall applq"ihe Funds to --
<br /> pay the Fscrow Iteme.Leader map not chatge Borcower for holdi�tg aad agpiying the Funds�annually anslyzing the ��
<br />, escrow accnunt.or verifying the Fscrow Itema,unless Lender pa�Earrav�er interest on the Fuads and applic�ble Ea�
<br /> permits Lender to make such a charge. However,Leader map�quire Borrower to paq a one-tiine charge for an ---
<br /> • .u:.rlependent real estata tas r�portiag service used by Leader ia coanectioa with this loan,unless applicable taw provi� °'�"
<br /> �'Y"',.
<br /> ' a�erwise.Ualesa aa agreemeaE ia made or applicable law requires interest w be paid,Lender s4taU not be require�to L��
<br /> ' pay Borrawer aay interest or earnin�on the Fuuds.Ba�ower and Lender map agree in writing,however.that inte�t
<br /> ,.ic�::. eLall be gaid on the Fuads.i�ender shall giva w Borrowez,without c�arga,an annual accountiag of the Funda.show-i.ri�. �,
<br /> ;t�,� credite aad debits to the Funds and ti��urpose for which each delsit to the Funda was made.The Fuuds ara plsdg�� �
<br />:��,, additional aecurity for ali sume secac�by this Secarity InsWmen� : —
<br />:?;�� If the Funds held by i��der egceed the amount�permitted to�e held bq applicable law.Leader e#�.a;l account 20 .-
<br /> `�'''�� $orrower for the excess F�.�ia accardauce wtth the requirements oi applicabla law.If the amount of t3se Funds held �
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<br /> ;,c.., by Lender at any tiine is Qat suf�clent to pap the F�crow Ite:ns when due�Lender may so notify Borrower in writing, �
<br /> '�;5; ead,ia such case Borrower ahall pap to Leader the amount aece�ary to malce up the�ciency.�nawer ahal!asake -
<br /> � ap�he de�cFeacy ia no more tLan twelve monv�ly paymenm,at LenBsr's sole dissretion ' _
<br /> dJpom psyment iA full of all sums,secured hy this�ecurity Instrument�I.ender shall promptly refund w Barrower —.
<br /> °...{i anq Fuuds held by Lender. If. under ParagaPh 21�l.euder shall acqui�or sell the Property. I.eader. Prior to the —
<br /> :- � acquimtion or snia of the�roperty��hsll apply aay Funds�eld bp I.eader at tha time ot acquisition or sate as a credit `:�
<br /> � � � ag�nss the sums secured by tlus Secarity Instrument,
<br /> ' 3.Agplication of Paqmoats.Unle�applicabte law providrs atherwise.ell gaymaats received by La�ader undxr �:
<br /> �`�''�. patag:aPBys 1�ad 2 shaU tre applied:first�to aaq prepay�ent charg�due undes the Nota;secoad,to ainouata payab2e "-"-
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<br /> .:Y,� uades paragaph 2;third.to interest due;fourth,�to principai duo;and last.to eay late charges due under the Note. --
<br /> . 4.�Cbsr�es; L1eAS.I�arruwer ehaU psy a11 tazes.e�sgments. chuges.fines and impositions attributab2e w the
<br /> . ��operty which may attai��ptiorltg over this Security 1rLmument, ead leasehold payraentm or ground rents.ii any. °
<br /> � Borrowsr ehall psy these obligatioas in the maanes provided ia paragnph 2.or i4 aot paid in that manner,Borrower
<br /> �shall pay t�em on time dirxtly to the pe�oa owed pap�ens.Borrower st�a11 promptiy fw�is�to Leader all nflticea of —
<br /> . � emouata to be paid under thia P�B�Ph.If Borrower makea these payraen�s direcely�Bonower ehell promptiy furn�sh .
<br /> ����tt,�er receipts evideacir��tha pay:nents.
<br /> .�,� ' ��: 13acrower ehall prora�.3p discherge any liea wtxcch has priority over this Security tas�ument unles3 Borrawer.(a) �
<br /> .� . 'e�s in w�it�ng to the paysnont oi the obliptiou s.cure8 by the lien ia a manaer acceptablo to Lender;(b)oo�tests in
<br /> •. .� . good�initli li�ce lien by.or defeads ag :��enforcesnent oi the licr�i�,legal praceadiags which in the Leader's ogin�on �:.
<br /> operate to pr.vtnt the enf�arcem�nt of tL•a lien;ar {c)secures fi�ffie holder ai the lten an agroement satisiactory to
<br /> , .�•�' Laader aubordivatiag the i��n to thie Sacurity Iastrumen�.Ii I.e�.�diar deurmines thet aay part of tha Property ia subject �
<br /> . ►: to a lien which maq attain priority oves this Sec.vritg tnssrument,Lender may give Bomower n notioe identifyiag the r!�:
<br /> lien.Borrower ehell satiefq the tien er teSce oae or Qcore oi the aetions set forth above within 10 dpye of the giviug oi ��;�c
<br /> :rs!� �� notice. . �.._F,
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