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<br /> TiK3ETiiER�L'ITN�ti ttk iu��o�em:nts nau•ar h:rcaftes erected c►n the pmpen}�.y�kl�11 ca.�cn�nT;�apEwrtuwtxec, and
<br /> iixturcc n��w� �r htrc�Rer �r {�rt o� the Qrc�(�rrtp. All tcplacements alxl a�IJitlons �l�all ;�ix� hc cu�•crai by this Socurity
<br /> fnatrunxnt. All of t!k CungoinR is crfrrr�l t�►In this So:u�iry Irutrur,tient�:the"Property.'
<br /> BORROWF'iR COVENANTS that f3orniwnr is lawfully seised c�i'the estatc her�Gy �onveyod aid 1�thc ri6i�i ta��a+�i wid
<br /> �amey the Pruperty aixl that the Pru{�rty is unencumbercd.except fi�r tneumbra�uec af record. &�rrou•ec u•arr�uus urul will
<br /> det'enci generaliy tix titlr ro ii�c PioEk:rty�ainst�tl clainu asxl d�ntivuis,subjeet to uny erxumbra�ec�,f r�brd.
<br /> TIiiS SE�t;i�i�'1� i�vSTR:��9�!:�:nmh::x:u�ifc�rm :o+�_nsn!� fer r►.�!t��u+�l u.e:uid nan-uniforn�covenants w•ith limitod
<br /> vitwtiou�by jurisdiction to conctltute a unifuni�security instrument coveri�ls r�a1 pro�ny.
<br /> UNIFORM COVENANTS.Borrow�er and Lender cove�unt and agree as fallak�s:
<br /> 1. �iynteat of Prlacipul � [uterest; Prepaymellt Nud Late CE�rAec. Bc�rruKee st�.zll promptlY P�Y u�� �� �
<br /> principal of and interest on tht debt evidenceti by the Note attd t►ny pre�ayment and late charges duc urule�th�Note.
<br /> 2. F�nds for Twes�nd Iacurauce. Subj�t to applicable law or to a wcitten waiver by l.e�xler. 9orrower shall pay to
<br /> Lender oi�the day monthly payments are due under the Note,until the Noce is paid in full,a sum("Funds")fi�r:(a)ye�'ly ttices
<br /> and assessments which rn�y attain priority over this Seeurity lactrument as a lien on the Fropeny:(b)yearly leacehold paymenu
<br /> or gr�und rents on the Property, if any;(c)yearly hazard or property insurance premiutns;(d)vearly ftood insur:ince premiums,
<br /> if any;(c)ycarly mortgage insurnce premiums, if any;and(�any sums payable by Bonower to Lendc�, i�accordance with
<br /> the provisions of paragraph 8,in lien of the payment of mongage insurance premiums. These items are calletl"Escrow Items.'
<br /> l.ender rrtay, at uny time, collect ar�d hotd Funds in an anwunt noi to exceed the maximum amount a lender for a federally
<br /> retatcd mortg�ge loar. rr�y require for Borrower's escrow acmunt w�der the federal Real Estate Setdement Procedures Act of
<br /> 1974 as amended from time to time. i"t u.�.�. �ection �o�l ri ary. (',^.�5?�"},uru��ar.ail::,r !aw� :h:t r��1's�te st!r F�!�s
<br /> �ets a Iesser anwwu. If so, Lender may, �t any ti►ne, collect and h.old Funds in an amount not to exceod tiu lesser amount.
<br /> Lender may estimatc r1.3e amount of Funds due on the basis of current data and reusonable estimates of expenditures of futuce
<br /> Escrow Items or ot':�,,Ta►ase in xcordance with�r�licuble law.
<br /> Tl�e Fw►ds u'ia:: �, tzeld ia au ins:ita�:.^, u•hase �eposits art insured bv a federal agency. instmmtaiwlity. or entiry
<br /> (includi;�g Lender,i£Lender is_c•:,F�an institution)or in a:�F F�.�:ral Home Loan Bank. Lender shall apply the Funds to pay the
<br /> Fscrow Items. Le�::r iruy not charae Borrow�er for holding z-�:applying the Funds,annusdiy analyzing the escrow aocount,or
<br /> verifying the Escr��r:Items, unless Lender pays Borrower interest on the Fr,rrv,is�r►d applicable law persnits I.ender to malce such
<br /> a charge. However, Lender may require Borrower to pay a oae-time charge for sn independent mal esizte tax rePortiq8 service
<br /> used bv Lender in connection with this loan, unless applic�le law provides other��ise. Uniess an a�reement is cnade or
<br /> apFi�crL:2e law requires interest to be pai�. Lender shall not be Tequired to pay Borcower any inurest or amings on the Funds.
<br /> Borrower and Le.�:,r may agrce in writing,however. that interest shall be paid on the Funds• Lender slult give to Borrower,
<br /> without charge, an annual accounting of the Funds, showing credits and debits to the Funds ansi th� purpose for which each
<br /> deb'st to the Funds wns mzde.The Funds are pledged ac additional security for all sums secured by this Securiry Insutiunent•
<br /> If the Funds held by Lender exceed the amounts permia.�d to be held by applicable law,L.ender shall aaxount ta�Borrower
<br /> for the excess Funds in accordance with the requirem�nts of applicable law.If the amount of the Funds held by Lesxfe�at any
<br /> time is not suff cient to pay the Escrow Items when due,Lender may so notify Aortower in writing,and,in such c�se Bomower
<br /> shall pay to I.endr�s @se amount naYSSary tu make up the deficiency. Barrower st�a11 ma�e up the deficieucy in no more tlsw
<br /> riudve monthly p�v roenis,ai Lender's soie discretion.
<br /> . Uix'� PaYm=�x in full of a]1 suntc soeured Cy this j0curiry InSwtnetu. 1.encier sitiai't p�vu�}x'ty �udiw�i� �°+-v<iv`:� w�•
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<br /> Futd.S deld by lxnder.If,under paragraph 21,Lender shal2�c�uire or sdl the Property.I.encler,ptior to the acquisi�n or sale
<br /> of tIx Property.sh�all app1y any Funds heW by Lender at t:::time of acquisition or sale as a ceedit against the sums sxured bY
<br /> this Sax��ty irstr�:,.~xnt.
<br /> 3.ApRlicasioa of Payraeats.Ualess ap�Ci�able l�w Frovides otherwir+e,all paycneats received by I.ender under paragraphs
<br /> 1 aa�2 shall be appliod:first, to�r►Y PnP�Yment ct�:��°s dLe utider the Nou; second,to amounts payable uadtr paragra�h 2:
<br /> thinl,to intereat due;fourth,to prir�cipal due;and last.ta�uy lau charges due under the Kote.
<br /> 4.Char�es; Lieas.Borrower shall pay all taxes.assessments. charges.fines and ia�ositionc attributable to the➢�roperty
<br /> whirh may attain priority over this Security Itutrument, and leasehald payments or gramd rents,if any. Borrower shall pay
<br /> these obligations in the maruKr providod in pazagriph 2,or if not paid in that maiu�er, Borrower st�ll pay thun on time directly
<br /> to the person ow•ed payment.Borrower shall prompdy fumish to I.ender all notices of���*�w be ptid urider this paragraph.
<br /> If$aTawer makes these paymetius direetly.i3orrower sh�ii promptly fumish to Lenckr caceipts evi�r:ius ti�e paymznu.
<br /> Borrower shall pmmptly disch�rge any lien which has priority over this 5ocuriry I�utrume.�t uniess Borrower:(a)a�ras in ,
<br /> writing co the paymeni of the obligation secured by the lien in a�nanner acceptable to I.ender;(b)ca�esu in good faid�the liw
<br /> by. or dtfends against enforcement of the Tien in. legal proceodings which in the I.ender's opiaioo operate to prevent tbe
<br /> enforoement of the lien;or (c)secures from tIu holder of the lien�n agreenr,nt satisf�xory to Ieader subordinatiog the lien w
<br /> this Securiry Irutrument.If Lender detetmines that ar►y past of the Property is subjxt w a lien which m�y �ttain priarity ova
<br /> this Security Irutrument,Lercler m�y give Borrower a notice identifying the lien.Borrow•er shall satisfy the lien or take one or
<br /> more of the actious set fort�`�above within 10 days of the�iving uf notice. •
<br /> ' Fona 3028 919Q
<br /> r.v.2me
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