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<br /> 'I'OG6TNGR.WI`fN all thc in�provemeets now ur 1►ertaftu eraial on the pn�erty.+u�ci�ll eastments. xppunon+uxrs, wwl —.
<br /> fixtu,�:. �x�w• i�r lurc.at�rs a �a.K of the prupeftx. AU rcplsx�euxnts u� a�iditianx �Il �lx� he r+�vcr�.cl by this 5�curity _
<br /> [��i��,�. All of the f��regoing ic rcf.rtai ta in ihis Se�urity iastrumenl�che "��'i'eny.� -�°
<br /> BJRRaWCt2 ClJ►VENANTS llwt&�rrau•cr is lawfully��� t�fur encun�rx��r����r�wc�r w�antcearxl v►il1 --..
<br /> ram�ey the Property�u�el tlwt tl►c Pn�pertY is unencumberai, excep
<br /> d:.;::.:!�e^�^��:Y!h!��i�tN to the PrupertY a�ainsi a!t clainu dnd denurxly,subje::t to;►ny e�xuinbr�xes��f n�ce►N. —
<br /> 'fti1S SLCtlRITY lNSTIt��MENT��mbincs unifunn ca�'cn�nts ior uriiiNwl ux«so;t="-,xt•unifo�''»`n����"`ith liuutrcl -
<br /> vari3tion.�by jurisciicda+�to a��.uitute a wiifomi socurity ii�,uunxi�t c��vccinQ rcal property. --
<br /> UNIFORbt COV�NAI�lTS.Born�w�e�•�►J 1.'.r�ic.r cn�enant azx1 S►8rc�ac f.�llous: __.
<br /> u�nt snd I.aUz Cl4v'Ces. Buttower �t►all promptl�� p�y when due tho
<br /> 1. F�yuu�►t a P�iwlNri wu+ Eckresl; PreP+�Y mnc and late ct�arges due undcr chc Ncuc.
<br /> principai af and interest on the Jc�bt evi�rnacd by u'�e Noaz at�3�y p:�sy �
<br /> 2. Fwxls fa�7'wc�anal Inwraace. �ubject tc► applicable law a�to u written wai��c�by �.ender. Bo*rowe�si�ll p:+y to
<br /> i,erder ai the day month:y pavn�ents are due urnier the Note,until the Notc ic paid i�i full,�sum t"Funds') fw: lA?y�'ly��'
<br /> w�ci asseasn�ents which may�uvn priority over tliis Security I�wn►ment as a lien an the Propeny�b)fl�i�w►r�nce p�uiu tu.
<br /> or graund ratu on the Properiy,if any:(c)yearly hazm'd or propeny insurance prenuwns;(d)�. . y
<br /> if any• le)Yearly mortgage insurartice preiniums. iF any: :u�d l�unY sunu payable by Borrow�er to txoder, in:iccorcianec with
<br /> the provisiaas of paragrAph 8. in liew of the p�ymGU af motitgage insurance prraniunu.These iten�s arc c�lled"Eurow Ite�tu."
<br /> i,ender maY. at any time. collcct and twld Funds in an �nount not to exceed thc muxi�'���a lei�der for a fedecally
<br /> related mortgage lonn may require for Borrower's escrow account u�der the foderal Real Fstate Settlemeru Pc+ocedures Act of
<br /> 1974�s amended from tinx to time. 12 U.�.C�.�ySect�iancolleoct e�td h�ld Fuads in�amou�.c tT o exceed the�lesser�'mou�u.
<br /> seis a lesser amount. If so, i.cnder[nay.
<br /> t r.nder mav estun�te ehe s�'�of Funds due or►the busis of current data and*easos�'le estimates of expe►ti.�itutes of future
<br /> Escrow Itemc or othenwise in aceordance witi�oppiicaoie idw.
<br /> , or cnht
<br /> The Funds shall be held in an instituc6on whose deposits are in.wred by a federal agency. instrunx.ntality Y
<br /> (including Lender.if Lendu is sucU an instimtion)or in any Federal Ao��� ��ly'n,(y�a S�����0u�•�
<br />. Escrow Items.l.en�iec tn�y na char8e Borrow•er for holding ac�d�Y n8 licahle l�w rmits Lecdar to n�ke such
<br /> verifying tt�e Escrow Items. unloss Lender pays Fbrrowu iatoreat ch�the Fur.ds u�app� Pe
<br /> a charge. However.i.endcr maY re9wn BoROwtr ta pay a one-time cl�e for an�ndeQenduu
<br /> mal estate t�x repo�tiq8 sesvice
<br /> used by I.ender in connxtion with this loan. ualess applicable law grovides otherwise. Unless an agtxmenit is n►�de or
<br /> xpplicabte law requires interest to be pnid.I.ender shall noc be roquirai to PaY Borrowu aay interesc or eaminSs v+c she Funds.
<br /> Br�rruwer and[.et�der m�y agra in writing,however.that intertst st�ll be P�d on the Fauds. l�ender shall gi�f�WBho.rtho�
<br /> wittwut ct�u�e. an annwil aocounting of tbe Funds. showing crediis ond debits to the Funds and the purpose
<br /> dobit W tho Funds was made.The Funds are pledgad zs additional security far�il��cable�lauwr,�Lender sh�all naecouu�nmou•ez
<br /> If the Funds held by Lxnder exceed tG�smounts pen►utted to bc 6e:d bY aPP
<br /> for the exoess Fur.ds in aecordu�ce with tta:.requiremenis of aPPlicable t���. If the omAUnt of the Fa�ais held by E.ender at aav
<br /> time is not wffieient to pay the Escrow Iunu when duc.Lender may sa mtify Bomswer in writing.and. in sues c�Borrower
<br /> sh�ll pay to l�ender the aanounc�rY to make up t��kfuiency. Borruwer sh�:i maice up the deficieocy ia no more than
<br /> tvrYlve mootLlY WY�s•��u�s S°le discntion.
<br /> UP�Wym�t in fu11 of all sums �by this Security Las�um�ent.Lender sh�ll P��Prior o the taoqui. wer say
<br /> L,> >. ..�ti.n�,ru►ire oc sell the PruPenY,I.ender.p �twa or sak
<br /> - ---Fundi I�e1Q Dy i.tl�sr.if.un�;w y+�ys��w-„ .•;�
<br /> of tlx PropercY,�s�ll applY�nY Fu�s held by Lendes ac the ume u[acquisitiar�or sate as a endic against tht wms seca�u DY
<br /> this Security Insuvman. nceived b I.cnder under WraBT�P�
<br /> 3.Appiicatias oi Paymwts.Udess applicable law provides otherwise.�ll PaYments Y ablc under�2:
<br /> 1 and 2 sl�all be applied:first.w anY Frega}ment chuges due�u�der the Note: second,to unow�ts P�Y
<br /> tititd,w intetrst due:fauth,to pt'sncipzl due: and last.to any lato charSa due�u�der th�Nou.
<br /> �.C6aR�L�Borrower shall pay all taxes. assessments,chuges.fines ard im�OSitions attributabk co tt►e PropatY
<br /> which maY attain Prioriry over this Security Instrument, aacl leasehold payments or ground retus, if sny.Borrower sha11 p�►Y
<br /> these obligations in the nsanner pmvided in paragrr�h 2.or if not paid in that snanner.sonowu���►y meln on u�a�rax�y
<br /> to the persoa owed PaeY►nent.Borrower st�ll promptly fumish to I.ender all notices of amounts to 6e paid under this puaBraPh-
<br /> If Borrowa nuke.c tLae payments diraxlY,Barrower shall promptly furnish to I.ender reaipts evide�cing ti�paY�•
<br /> Borrowcr slszll promptlY discharge any lien whict�fsss priority over this Securiry Ic�wmuu uNess Borrower:(a)�Sras►n
<br /> _ w�iting to the Wycre�u of the ah]igstion securod by
<br /> the Lien in a n�mer accaptabk to l.etder; (b)co�uests in 8�faith the liea
<br /> by. or defeads agaiau wforame�i of the lien in. teg�i p►�g��:�� � � ��'s opinion opersue ca preveai the
<br /> enforcemmt of the lien:or(c)soa+res from tho holder of the lien�n z8roenxnt satisfxtory to Ixtder subordins�ting the lia��
<br /> this Security Inununeat. If Ltnder ddecai:ryes that any part of the Propet'ty is subject to a liea w�ich iruy auain priority ova
<br /> this Sxuriry Instnunent, Lender may give Borrower a notioe identifying tlte lien.Borrowa sh�ll satisfY the lias or t�lce one or
<br /> more of the accions set forth above witlnin 10 days of the�iving of aotice.
<br /> iorw 30Z0 9�90
<br /> pp�2 01 B
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