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� � ;�� _ _ . : _.--_. �.:,._.. .�.. _ _ — _ - - �` � '•1 _ l. .rs1a�E�tirLil��"'�'� ��•-- . . . . . !� . .. q1� •ai' _'_ — . 96- ��i'�E3 7'(XiL�i'HEit WIT�1 AU the in�mccn�enis now or txreafZer eroctcd on the prop�ny.:��id:► �cnu�nts. uppurtenance�,ancl fixtures �x,w ��r I�e�..+lh:r � pait of tt�;. proPr�ty. A!I rrplaczments �nc! sdd�tinns shall alsa bc ccn•ered by this Sccurity Itu.trumcnt. All i�f tht farr�oing is rrfcrred ta in this Securi:y In.�trument as chc "PropertY." _ �,�K�I�W��k t`nVENANTS that Ik�rrow�r is I�ti��fulty seisc�l�f the estate hereby convcycJ a�x1 h:��Q�e right to grant an� _ cu�ncy the Fr�q►eny �ux1 ihat the Property is unencumber��i,except for e�uumbrances ��I'record. Flarroucr warra�us a�x1 will _ ��i��i�rally tlic Iltle�u thc Pr�perty ugai�ut ull cl:iinu:utiJ demaauis, aubject to any cncumbranccs of record. 1'iilS SECUitiTY INSTRUh9GNT combines unifornZ cove�wnts for natianal use:uid non-uniform co��enants with limited vi�!:YHrcu�i�Y.�liii�+:�.1.a to:�^�!!t•"•='""^'�"�n'�u�iw iitsttument coverittg real property. _ UNli�l'lItA1('()Vf:NANTS.Burrow�er anc�Lcnder co�•enant�nd ugree�.s f�ilows: _ I. �� ut p�{�fp� �ud Iuterest: Pircpay�uent aiul i.utc Ch�'ges. Borrowcr sh:►11 prumptly paY when due the � pri�xlpal��f aixl intcrest an thc dcbt evidersceJ by the Nae u�xl:u�y prepaymatt a►ullace chargcs due uruier thc Note. ._ 2, N'atxlr•fw' 7'uxev stul It►surance.Subje�:t to applicable law or to a written waivcr by Lender,B�rruw�cr shall paY to _ L,rrxler�ui lFu Jay nwiuhly paynxnts�re due u�der Yhe Note,untd the Note is paid in fuli,a sum("i'uncls"1 fur:(al yeur�y�a�ies — vitl wsc�uix�us whicli nwy�►uain priority o�•er chi�Seruritp Instrument as a lien on the Propecty': (hl yeady leasehold payments ur grouixl rent�un QK Pro�xny,iF any:lcl yearly hauu'J or prc�pe�ty insurance prcmiums:(d1 yearl} fl�x�d insurance premiums. if :uiy: (e1)�c:trly ilwnCa�e insura�tice premiunu, if uny; and(tl any sums payable by Borrow•er to L.eniler, in accordaticc with ��pmvic�uiu;oi'p;ara��uph 8, in lieu of the payment of mongage insurancti prenuunu. These items�re c�llyd"Gscrow hems." �� ouy, at u��y tlu�r, cullcct and hald Funds in an anwunt iwt to excee� the maximum amoant a 1er►der fu�a federally relssted nx�n�ule lu:u�nwy reyuire for Bottower's escrow s�caunt under the fed.ral Reai E.uatc S:itle:n�ent Pr.�.�iures Act of ls7q u�amc�xic�J froa�time to time. 12 U,S.C. Section 2601 et seg. ("RESPA"). unless another la�c that aFplip tn tUe Funds �a ��r��n�. �� r nwy,u� �iy time,cu�i�t an,i hald Funds in an amount not to ex��ee.i th: lasser umount. l,ender n�ay cuinwcc the �tixu�nt ui��unda due on she basis of current dat�and reasonable estim�tes of cxpanditures of future Escrow Items or atherwi►e in accor�lunce with appficuble law. The Funds stwll be hcW in :u� institution whose depo�its arc insured by a federal agen:y, instrumeatality. or entity (i�cluding I.cn►1cr. if l.�txt�r is wch a��institutIoN or in any Fe.deral Home Loan Ssu�{c.Lender shall a�ph• the Funds to pay the Escrow�Ittnu. Lc�xter may�x�+ch:+rCc H�nawer fo�holding ar►d applying the Funds.annually analyzi�the escrow account.or verifying the Escraw itenu,uales� Leixlcr p�ys Borrower interest an the Funls and applicable law pernuts Lender to majcuerv� a chuge. However, l.ender m�y rcyuire &�rrower to pay u one-time charge for an independent rra!estate tax reporting uud by Let�cter in cunnection with this loan. unless �pp��cable law provides othenvise. Unless an agr�xment is made or applicable Iaw roquires inte�eat to be�id.l.encier st�al��w�be�equired to pay Bonawer any interest or eamings on the Funds. gorroW,er and Leruler n�y ugree in wtlting, however,that interest sha11 be paid on the Funds. Lender shal{gi�e to Barrow•�r, without charg�. an unnual acca+nting of the wund9. showing creciits and debiu to the Funds and �he pu�pose feu which each deblt to the Funds was m�c1e.The Funds wrc pledged�s additional securiry for all sums secured isy this Securit}Ituwmeut. If the Funds held by Lender ezcecd�he amaacus perntitted to be held by applicable law, Lender shall account to Bannwer _ for the ozcess Funds in xcordance with the requirements nf appf:cable law. If the�rrwunt of the F�u�ds held b�Lender at aQY time is not sufficient to pay the Escrow Itrars when due.Lender may so nol�fy Bonower in writing,and,in such casz Sorrower shall pay to Let�der the amoutu narssary te�nulce up the defciency. Bonower st�all malce up the dtficiency in no mon t6w twelve monthlY PHYments,at l.euder's ao{o discrction. Upon paymeni in full of all wiiw secw'ed by this Security Instrument. I.ender shall promptti}refund co Brrrow�er �ny Fw►ds held by Ltndu.it',uader�tl�rs�ph i i.i.er�der siwii�y�:,��r:;::�°sr�;.L-.."`!'-•�,"!;•,r a,the aoguisitioa or sak _ of the Property,shall nPPiy any Funds heid by Leixler at the time of acquisition or sale ac a credit ag�i►ut che�uns se.."ure�b1 this Security Instrumeni• � 3.Applicatiw�of Payauats.Unlcss applicable IAw provides otherwise. all payments received by l.Pr'�der ttnder Paz'a8ra�hs 1 arid 2 shall be apnliod: fitst,to anY P�Y�c�ga due under the Noce;second. to amounts paYable under puagraph 2: third.W inttrest due:fourth,to principal due:�.�1�. ��*�g��f��impositions attributabte to the Property 4.CbarQes: I.kn�. Borrowcr cftall paY which may attain priarity over this Socurity Instrunx.nt. and leaschald payments or ground rents. if any. Borrower shall pay thesse obliYatians in thc manntr provided in part�raph 2, or if not paid in that maz►ner.Bonower shall p�y tium on time diroctly tu the pei'son owod paYment. Borrawer shall pmmptly fumish w 1-encler a31 notices of amounts to be paid under this pacagra�h. If Borcower m�ices these paymetus dirccdy.Bonower st►zll promptly famish to l.ender receipu evideix.ia�t1�e paYn�'.ts. Borrower shall promntly dischxrQe any lien which has priarity over Q�is�:�rt3+Insir�uncat s::-'-�s.%�er�o"ser:!a!�g�in writing to the payment of the obli�ation sectued by the lien in e manner acceptab9e to Lender: (b)conte�ts in gcwd faith th�e lia� by, ar defends a�.tinst et►forccment of the lien in. le�al proccedings u•hich in the Lender's opinion operate to Qrever.t the enforcement af the licn:or(c)secures fram thc hatder of the lien an agrameru satisf�ctory to Lendu subord�*�►n8 the��t° this Sxuriry lnctrument. if Lende�doteRnines ttwt�uy P� of the Property is subjact to a lien which may utain prioriry o1a this Securiry Instrumen!. Lendcr maY Rive Botrower a rxxice identifying the lien.Banvwer sha11 sacisfj� the lien or take one ar more of the actioas set forth above within 10 duys oE the giving of notice. • Far�3�28 9l90 ►pr 2 u16 - --- --��r.��a�ac.ins.�=�=,�'..�'-- ____ -- _ . __'—�a.,�r�a'r.f'�_ - —_— '-------- ---- -------_ -�c� — _- - -— --��w�ms��zr�n��..�w.�.M^^� M4 srA.r�.+.�'.'�_