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<br /> �6"°����►��!�°� L�Af�NO. 1 5 3 9 2 1 5 0 G 1
<br /> � THIS S�CURITY INSTRUMENT combinos un{form covenanto for natlonal u;�e and non-unliorm covenants with
<br /> Ilmfted varlatlona by�urisdlctlon to conatftute a unitorm socurity Instrument covering real property. �
<br /> UNIFQAM COVENANTS.Borrower and Lender covenant and agrea as follaws:
<br />-,�t-c�,,r• 1.P�ym�rtt of Princip�l�nd Intor�fS;Prip�ymmt and L.�t�Ctui�q�s. Borrower shell promptly poy whAn due
<br /> ,. , tha principal ot and Interebt an the debt evidanced by the Note and Any pre►�ayment and late chergea due under the
<br /> _._,...s Note,
<br /> ��*�:t� Z.Fund�tor Tix�s and Insunnce. 3ubJect to eppllcabie law or to a written wafver by Lender,Borrower ehalt y
<br /> -�r-•�'� to Lender on the day monthly payments are due under the Note,untll the Note Is pa.ld In tutl,e sum("Funds")tor:(a�
<br />`-� �eariy texes and asseasmenta whlch may attaln prlority over thla Security Instrument ao a Ilen on the Property;(b}yaarly
<br /> easehold peyirients or ground rente on the Property,If any;(c)yearly hazard or properry Insurar�ce premlums;(d)
<br /> , yea�ly flood Inaurance premluma,if any;(e)yearly mnrtgage insurance premlums,if any;and(�any sums payAble by
<br /> gorrower to Lender,In accordance with the provislons of paragraph 8,In Ileu of the payment o mortgaQe Insurance
<br /> � ._ �. premlums.These Item�ure aalled'Escrow Items."Lender may,at any time,coitsct and hold Funda tn an emount not to _
<br /> ,;� ;�,.,. excee�d the maximum emount a lende�for a federally related mortgage luan may requlre for Borrower's escrow accou�t
<br />-:'-±:.:°�:t•' under the federal Real�state Settlement Procedures Act oi 1974 as amended from tlme to tlme,12 U.S.C. §2601 ot =
<br /> '���� ' seq.("RESPA"),unless another law that applles to the Funde seta a losser amount.If so,Lender may,at eny tlme,collect
<br /> ~�=�•:.�� �` and hold Funds In an amount not to exceed the lesser amount. l.ender may estimate the amount of Funds duo on the -
<br /> �'t"`�tl��` basls of current data and reasonable estlmates of expenditures of future Escrow Items or otherwise in accordance wfth
<br />:�'�'". aPplicablelaw.
<br />._.iY'ii.:��'�
<br />��;rf�:��,: The Funds ehali bn heid in arj insYftullor�wh�se depoalte are insured by a federal agenoy, Instnimentalfty,or er�tity
<br /> = �:��: (Including Lender, If Londer Is such an Inatitutlon)or In any Federal Hame Loan Bank.L.entier shall appfy the Funds to
<br />�i=:,.,; .,} pay the Escrow Items.Lender may not charge BArrower for holding and applying the Funds,annually analyzing the
<br /> '�� � esarow account,or verifying the Escrow Items,unless Lender pays BorroKer►nterost on the Funds and applicable Iaw
<br />-�''-'= - permfts Lender to make such a charge.However,Lender may require 8orroHer to pay a one-tlme charge tor en
<br />',�-„�4;� irdependent rdal estate tax reparting servlce used by Lender In connection wfth thla loan,unloss�ppllc:able law
<br /> provides othe►wise.Unless an agreement is made or appiicable lew requlres Interest to be pald,Lender shall not be
<br /> .;�:•""`°'• required to pay Borrower any Interest or earnings on the Futxls.8arrower and Lender may agree In wrfting,however,
<br />,:���� , that intorest shall be pald on the Funds.Lender shall ghre to Borrower,wfthout charge,an annual accounting af ths
<br /> -- Funda,showing credits and deblts to the Funds anci the purpose for whlch each deblt to tha Funda v►ras made.The
<br /> --=m'� Funds are pledged ae addftlonal secu�ity for sll sums secured by thls Security Instrument.
<br /> '��-��� If the Funds held by Lender exceed the amounts permltted to be held b�applicable law,Lersder shall account to
<br /> ==�'� 9Qii!+�!!�?r f!+i ttlp?yCass F!!.�s!n?rr��•.la�rA�v�r��t�a rwni i�ramant�ot and rabte law.If the amnunt nf thA F�inds h�id
<br /> - -_- by l.ender at any time is not sufficient to pay the Escrow Items when due,Lender may so no!Ny Borrower fn wrfting,
<br /> __-° and,In auch case 8orrower shall pay to Lender tho amount necessary to make up the deficlency.6orrower shall make
<br /> _=-= up the d6ficiency In no more than twefve monthly payments,at Lender's sole discretlon.
<br /> --= Upon payrnent In full of alt suma secured by thls Security Inatn�ment,Lender shall promptly refund to Borrower any
<br /> ___— Funds he{d by Lendor.if,under partagraph 21,Lender ohall acqulre or soll tha Property,Lender,prior to the acqulsitlon
<br /> — or sale of the Properry,shaA apply any Funds held by Lender at the time of acquisklon ar sale as a credl4 agalnsK the
<br /> sums aecured by thts Security Instrument.
<br /> 3.AppllcaUon of PaymaM�. Unless applicable law provides atherwise,all paymente receh►ed by Lender under
<br /> ----- � paragraphs 1 eeid 2 ahall be applled:flrst,to any prepayment charges due under the Note;second,to amounts payable
<br /> . und�paragraph 2;thirci,to Interest due;tourth,to principal due;and last,to any iate charges due under the Note.
<br /> 4.Cha es;Llena. Borrower shallpay all taxes,assessments,charges,fines and Imposftlons att�lbutable to the
<br /> " Property wh�h may attaln prlor(ty over this Security Instrument,and leasehdd payments or ground rents,H any.
<br /> ' Borrauver shall pay these obltgations In the m�nner provided In paragraph 2,or if not pald!n that manner,Borrower shall
<br /> pay�them on ttmo directly to the person owed payment.Borrower shall prompUy furnish t�Lender all notices of
<br /> _____. . amouMS to be pAid under this paragraph.lf Borrower makes these paymenta d(recUy,Bonower ahali promptiy furnish to
<br /> Lender recelpts evidencing the paymer�ts.
<br /> Borrower shall prompily xllschgrge any Ilen whlch has prior(t�r over this Securtty Instrument unless Bortower:{a)
<br /> a�rees In wrRing to the payment of the obiigatlon secured by the Ilen fn a manner acceptaWo to Lender, (b)contests tn
<br /> _-___-= . good faRh thp Ifpn hy,pr�:�fenr.l�a��lnet enfnrr_.ament of rhe I!ar�In,leg?I�rocaecingQ uvhlch!n the Len�+er'9 apinlon
<br /> = operate to prevent the eMotcement of tho Ilen;or(c)secures irom the hotder of the IlBn an agreemant s,atlsfsctory to
<br /> - Lender suborcllnating tha Ilen to this Security Instrument.If lender detetmines that any part of the Property la subject to
<br /> _�__ �a Ilen which may attaln priority over this Security Instrumont,Lender may ghre Bottower a notice Ident il ying the Iten.
<br /> 8orrower shall satlsfy the Ilen or take ane ar more of the actlons set'orth above wfthln 10 days of the giving of notice.
<br /> 6.Haz�rd or Property Inaurance. Barrower ahall keep the improvements now oxisttng or hereafter erected on the _
<br /> Property Insurod agalnst loss by fire,hazards Included withfn the term"extended coverage"and any other hazards, _
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