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<br /> TO(i2:T�IGR W1TH rll the impra�•ements naw ar h�re�Sur era:ted on tfi�'Pr°P�nY, and all e�eme.nts. __
<br /> �ppurtenancea,and iixzurey�+�11 ot ha t trey ain�'ia re[errod t�in thia Socu itY lnstr m�ent as t�hc�t'roper`����`.� --
<br /> by thia Saurity lnstrument.A C �.-
<br /> BC�RROWF.R CnVENAN'I'S that I3orrower r lae t���saim6etedttexcept f��eiuumbrancrs o�ho a i�edw� -�,
<br /> ¢rant rnd convoy the 1 m�rty�rd that tho Propo Y �.--
<br /> �li inc�cid�:o thc Prope:'•Y eSs+.,�,oe�Il claim�uul demands.aublact w any oncumbtance� a_
<br /> wu�r�ntu uid will defend��' Y� ;�:.
<br /> ot reccird. �:-
<br /> 7'�IIS SECURITY INS'TRUI�L�N'T tombine+uniform c+�ve!unte tor national u�ond non-uniform cuvr.su►nta Rit �
<br /> 8mited v�ri�tions by jurisdiction to constituto�unifarm security inetrumene caverin�rul propz,ty. �.
<br /> UNIF'�ORM COVFsNANTS.13orra�er��e�y�en4 rnd�Lat Ch��ea�Borrower ahali pcomptlY p�y whcn dw `
<br /> 1.P�ymeat at Princ�pel snd Inte�ast; y�ay _
<br /> tpo principal ot�nd intercst on the debt ovidencod by tho Nato tnd an mont�nd lau char�es duo��1����� _
<br /> 2. Fuads for Ta:a and��ur�n��su�b�t�w�r��o Note,until the Noto s paid in fulll,�s um ("Funds")tor:
<br /> y to Leneier on the day m�n Y PaY�»
<br /> �� 1�rly��d�ss�m�nts which m�y atuin priority o t�yhi�cS'eG�tiy��d or propertY i���P�miuma; -
<br /> yearly lasehold payments or ground rents on tho PropertY, sums �blo _
<br /> ld)Y�ly�load insurance prom�ums,at anY:(e1 Y�'lY monga�e 1���n I u ot theipaayment otimoK�i�e in w�uico
<br /> by Bo�rower to Lender.in accordance with the provisions of pira� P 8;� _
<br /> premiums.'These iums u�e called'Escrow Itema"I.end�'m�y.at my time,collect u�d h u1d�Fio ds i�n oa�e�escrow
<br /> to exceed the ma,cimum amouat� leAder toe a t�3c.�lp rslsted mort�•gc loan moy rW �
<br /> 12 J.S.�.
<br /> �ccount unda the feder�l Real Estate Settlem�nt Procedw�es Act ot 1974 as amcndod trom Ume to tim���r msy,
<br /> Section 2601 et seq. �"�PA"�����other ltw that ipplias to the Funda sets a lesaw'amount.If so,
<br /> �t aay time.colloct ans of curnnt data u►d mre�soneble estimates of xpenditwes ot future EscrowIUms or otha�wise ia
<br /> I�-.u�dt�,on the bnsi
<br />' u:oordsnce with applicable law. ��i��by a federal agency.iastrument�lity,or entity
<br /> i Thc gunds sha11 be held in an institution whose deposi
<br />� lincludiag I.ender,if I,end�r is such an institutioBorrower for hol�di 8 and apprying Funds, anau 11Y�Y��tt�e
<br />� pny the Escrow Iums.Lender msy not chuge .�gp�wa inurest on the Funds and applicable law
<br /> escrow�c.�ovnt,or verifying the Fsscrow Items,unless La►dw'1'�a} u�� ��w«,to p�y a�ne-time chuee tor an
<br /> ; permita I,ender w mtilce sueh � ctwrQe. However, Lender may �1.
<br /> > >uc3ependent tesil ectata tax r�Wtt�����by��1Q CO�hon with this loan,unlese spplicable law pcovides
<br /> licaUSe lsw r uic�s interest to be Paid�Le��s�l nat be raqusrul to
<br /> o�eranse, Unless an sYreemcnt is made or app e9
<br /> Pap Borrower any interest or earnings on the Funds.Sersowa snd Lender naa agiaa�l aeco nting ot�the a�nds,tshouw'�ia4�
<br /> shill be paid ou the Funds.Lender st�ll�ive to Borrower�witheut charge
<br /> crodits and debite to the Funds u�d the pwPose for which each det�it to the Fuads was made.The Funda ue pled��
<br /> a�ditional sxurity tor all suma sacwed by this Security Instrumant.
<br /> If the Funds held by Lender exceed tho amousxts permitted ta be held by ipplicable la�,Laida'st�ll �ccouat w
<br /> Sorrower for the excese Funda in accordanoe�e t��w Ium�hen d��l,�andd'may so noUfy Borc�oK�erF�W tiuQ
<br /> bv Irader at anY time is not sufficient to p�y gnrco�er shs11�aalca
<br /> . �__ . ..,.�.�mrv tn m�ke uD the de[iCieacy.
<br /> - ��fA�IIC�CSBG BOiI'OWE!8Tls1l pDj�To LRYuc+ 2�'w:...T.:.^..«_----� - -
<br /> - up the deficiency in no more t.�sn twdve monthlY PsY�ents,at Ix��dar's salc di�credon. u refvad to Bamo�a
<br /> - Upon paymeat in full o Ii,1nader paragr+Ph �Security Instrument,I.ender shall P�'omP Lead�ex. Prior to tha
<br /> F�.ds held by Lender. �Y �eadd' shall scquire or sell the PcopertY,,
<br /> ac�quisitioa or sale oi the Property,sh�ll appiY anS Fcmds held by I.euder at th�time of acquisitson cs s�le�e s credit
<br /> aQaitsat the sums sxured by thia SecuritY Instrumeat. vides otherwise.�11 PaYmeats reaival by Lx.ndes wocSer
<br /> 3. Apptication ot Ryments.Utilesa applicable ltw pro ' d����o Natc;se�ond,to imounts pRf�'�
<br /> - P�ShP�1 and 2 shill be appliod:tirst�to anY P�'�P�Ymeat chsrges due under tbe Note.
<br /> ur�der Pu'aTnPb 2:third.to iaterest due:fowth,to principsl due:and l�st.to aay late chu�es tions sttzibuteble to the
<br /> 4. Chsrfes: Lieas. Borrower sball psY all taus.�eats.chu�Ees. gaua u�d impaei
<br /> propecty ahich msy attain pciority over this Secu:t9 Instrwnea�aad lasehold payments ar�ro�rusi rcats.if u�p.
<br /> _ Borcower s4�11 pay these obligatioas ia tt�e maiuyer providod in p�ra�raph 2,or it not paid in that nvza.ua'�BorroWa
<br />_ stseij pap tium�,ri:;sna di;�cctly i�th•�r,+�n owai paYment.Borrowa shell prompUy iwYUSh to Leader all notc:es of
<br /> amounts to be paid under thie p�ra�reph.If Borrower malcea th�se paymenhs�rectiy.norruwc�s�tl�rs�p'1�turaig#�
<br /> t+o Len�a're�+pts ovidencing the p�ymeats.
<br /> Borrowa shall promptly diacteuQe aay lien which has priority ova this Secwity Instrutaent ualesa Barower:(�)
<br /> sgroea in writing to ttse paYrr►ent oi the obliEation secured bY tZ1e Gcn in a manner acc,�PUb�°t°La�r;�b�COnte�e in
<br /> n v�ich in the I.eader's opinion
<br />-= 800d fsith the lien by�or defeisds a�uast caforcement of th�liea in�legil pcoceedi SS ent sitisFactory to
<br /> operite to preveat the enioroement of the liea;or (c)exures from th�holder ot the liea aa o�m��y is subjoct
<br /> l,ender subordmatin�the lien to thia Security Issswmeat.If Lender determinea�e Borrortwer a notice ideatifying the
<br /> w a lien which maq attain prior'sty ovw'this SecuritY I°�ment'Lender m�y p vin ot
<br /> - liea.Bosrawu'sha11 satisiY the 11�°or take one ar more ot th��ctions set forth above witbia 30 dass of the �i � B
<br /> � aotice.
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