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<br /> _ TOGETHER�yifi�l till ttte improvetnenis now or hereaRea erected oa the property.and all easemenss,appurtenances,and
<br /> � fuctures oow or hsreaRcr n part of tha Qroperty. All �plase�enis and additions shall also be oovered by sHis Security
<br /> Iasn�umeat.P+II of th:fomgoing is refet�rcd to in this SECarity lnstmmant as the"Prnp�y."
<br /> BURROW�R COVEAI�►NTS that Sorrower is tawf�lly seiseci of the estate hereby conveyed and has the right to grant and
<br /> canvey the Propeety as�d t6at the @mperty is unencumbered.exoept for encumbraaces of ncord. Borro�ver warrants and n+il1 �
<br /> defe�geneeally ths Ntle ta ti�e FrapeRy ag;►ins!all claims and demands,subject w any encumbranoes of recard. _
<br /> THIS SECUItITY f1VSTftU44f1ENi'cembi�es uniform oovenants for nationai use and non-aniform wv�a1th limfte� _
<br /> — variatiAns by jurisdictIon to cottstitate a uniform scsurIry instrument covering rea!prop�ty. -
<br />' ' CI1VdFORM COVBNA�iTS.�rrovler nnd Leader covenant end agree s�s follows: '
<br /> � <. Y. �ymtxtt oY Prtttc��l attd Qnterest; Pre�ay�aent and I.ate Churges. Borrower shalt prompily pay when tiue the -
<br /> —'-' priacipal of and Istterest on the debt evtdenced by the 1Vote and any prepayment and late charges due nnder the NotQ. �-
<br /> � 2. �n�tds fo3 Teac�es ettd Insurance.Su'�jest to appficante lavi or¢o a writtea waiver by I.ender, Borrower s4all�y tc�`•:
<br /> • '� Lertdsr on the day moathly psyt�ais acc das under tht Note.unal the I3ci�is paid in fnll,a sum("Funds")for:(a)year#}�.�c�
<br /> aad A��-��m-nts which may nitaln pdflrity ov�r this Security Insuvmern as'a li�on the Property;@)Yearly leasehold payma� �_
<br /> or ground rents an the Progerty.if uny:(c)Yearty hazurd ar properry insura�ce�raiains:(�Yearly ftood insurance premiums, •
<br /> • if any:(e)Yearly mo�4gage ins+�rsuire premlums.if eny;�nd(�uny sams payati3e by Bomower ta L•��r, i�accordance with . _
<br /> . ..�.. the provisions af paragraPh 8.in lieu of th�payment of mortgage insurar�ce Premiums.These iteuLV a.�called"Fseraw.Items.° .` ',• :•�`:
<br /> Lendar may. at�ny time. caltect and hol8 Funds in an emount not to e�ceed the maximum amount a lender fo��e.�zxi�11� _-
<br /> • tetated cnortgage toan may require for Borrower's esc�nw ascouat under the federat Real Estate Senlement Proce�arzs Ac�ar • -_
<br /> ',, • ` 1974 as am�r�ed from time to time. t2 U.S.C.Sectton 26411 et aeg. ("RESPA"),�e�aanther law thas applies w ti�e F�3s -�.
<br /> '� sets a Iesssc amaunt. If so. I.ender msiy.at ruty time.colSect�s�d hold F�s in an a��nc�t w exceed the 2esser amo�s- ;':. "
<br /> `;,4-.= L�dez tn�y est3e+A!a the emotmt of Ft�ada due on tHe basis af cunent data and reasc►nabie tes�nutes of expenditures of fu�;;:': �
<br /> ' .:` Escraw Items or otiieswise in accordance w{th upplica6le law. ''���:� -
<br /> � � The Funds sha1S bc held in an instimtion��iiwse deposiu ure insuied by a feclersl ag�nry. snscrumentality. oz e�iiy�`:
<br /> •4 �•� (inclading Lendcr.if Ltnder is such en Institution)ar in uny Federal Home L4an Bank.txmdea s�ll app3y the Funds to pay'itra': —
<br /> Fscrow Items.Lender may not churge Borrower for holding and applying the Fund�,atsnuully�zfng the essrow accflunt,os'
<br /> verifying tke Escrow It�tns.�mless Lender pays Bonnwer interesa on the Funds and applicafile taw permits�.er�der ro make sucb � __
<br /> a charge.However.l.en�r may require Borcower to�ay a one-time chatge for an iadeper�ent real eatate tax report�g senrice
<br /> � used by L.ender ia wnnectPon with this loan. unless opplicablt law pmvides other�vi5e. Ualess an ageement is made or :. __
<br /> • applicable low requis�s interest to he paid.�r shall not be cequfred to pay Bomawer a�ny interest or eamings on the Funds.. ' -
<br /> ' ''� Borcower and Lender may u�ree in writtng,�+owever.tl�ut intcrest shult be Qaid on the��ivads.Lender shall gfve to Borrower, __
<br /> � withavt chasge.an annual�ccounting of the Funds. shotvjrtg ctedits and d-„bits tn the Fun�s and the purpose,for wlueh e,�ch • __
<br /> ,' . ' debit to the Funds was m�►de.'I4te Funds are piedged as additianal security for all sufns secared by tius Securiry Iastrumeat. :;. . ' :'";'
<br /> ' ' .If the Funds held by Lender�xcecd the umounts permiated to be'held by applicable law.Lender shall accoun�to�orrar+,wz": ', ��''::
<br /> .� for the cxcess�unds in aecardance wlth ttee cequirements of applicable lttw.If the amount of the Futtds held by Lende�Fi t� : _
<br /> timc is not sufficient to pay the Escco�v Items when due.(.cnde[may so notify Borrower in vuriting,and.in snch case L.^u_�,�uair . __
<br /> �- � . shall pay ro Lender the amoum necessary 4o m�ice up the deiic3ency. Borrower shalt make up the defieiency in ao�uorr,�u ��_�
<br /> � twelve monihly payraents,�t Lendcr's sole discretion. � � . —
<br /> Upon paYment In fu1! of�Il sums secared by tMs 5ccutity Inqtrusncnt. Le�er sha11 pm�stiy refund to Burro�es��.�_ °
<br /> '��...•.� �runds held by Lender.Jf.under paragrnDN 21. l.ender shall acqpire ar sell thc Pragerry.Lender.��ior to the acquisition or s�l'e'. .
<br /> of the Pioperry,shnll appty any Funds hetd by Lcrtder at the dmp of aequfsitian or sate as a cre�'c against the sums secured k�i,� .
<br /> ,. . . this Security Instcument. . .' _
<br /> :`,; � 3.App11ca4fon qtpqyments.Unless appDicable Inw�rovi�es othcrwtserrilt payments retcived by Lender unde►pazagraphs ��. -_
<br /> i and 2 shall bs applied:first.w any prepayment ch�ugce duo undcr thc Ncs�c:second.eo amounts payable under paragrayB 2;
<br /> �. , cPuM,to iMeresc due:fourth.to principal due:r�s�d last,to any lato cnugcs due under the Note. . � �
<br /> � � 4.Charg�;bleas.8orrawer sha.0 pay rrli�axes,assessmeats.cRarges. ftnes aad imposi�a�s attributable to�:e Property —
<br /> whictr may attain prioriry over this Secu�ity Instrument, and lc,aschotd�ymcnta or ground�c�xo,^�s:if any.Borrower sha11 pW�, � '
<br /> � these obSigatIons in the maruier provtded in paragrapS�2,ar iPnot paid in lhat martnet.Boaawer shall pay them on time d'srot�y,..�. --
<br /> to the person owed paynxnt.Borrower shall promgtly fumish to l�ender nll notiscs of umounts to bc pai�.a.�der tlus para�sqp::•. � s
<br /> �� � ' If Borrowcr makes these payrnents directly.Borrower st�all promptty fitmisfi to �Lcnder t�ceipu evidencia$��,:payments. , �
<br /> ' �• . Borcower shall prompt►y discharge any tien which has pr�oaity avcr this Sec�rity Instrument un2ess Baz-�wer:(a)a���.a �. —
<br /> writing to th�payment of the obligation secured by ehc lien in a manncr uccep�able to�.cader;(i=)centests in scod faith the:��.z
<br /> . • bq. or dcfeads aga�nst enforcement of the lien is�. lcgai procccdings wftich iq ttw Lcnder's opinion op�r•;1'�: to prevert Cfsr �-
<br /> ' . � enForcement of the llen;or(c)secures from the hatder of iho licn an aBm,�ment cntisfactoty to Lender,subor�:�ag the liea ern ' —
<br /> � thia Sec.urity Ynstrument. If Lender detem►ines th�t rmy p�rt of the Property is eubject to 9 lien which may attes�x�a.�ority ov�: ; -
<br /> . this 5ecudry Instrument.Lender r►�y give Bonower n notico identifying Iho Ifen,Bonowet sha11 satisfy ti�e ti�n cr take one ar'.
<br /> m�re of the actions set fo»h above w�thln 10 days of the giving uP notfec. ' , �
<br /> W�+3028 QIDO "
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