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<br /> ° "I TpdI3THgR WPI'FI a�l tho improvoinsnts no�v or heraaftot erected on the pro rty, an�i a!! easamonite,
<br />. , " �ppu�tecu�nceei�ud fixturas aow or horoaf�er a p�N of the proporty. All replacemente u�ci tions sh�ll dsa be cover�cl
<br /> by th6a Securizy I�trun�ont. All of tho foregoing ia caf�rred to In thle Sacuriry Instrument Rs the"Pra�e�y."
<br />-• > BoRnowm�Covetantzrs ttu�t Aomnwer ie la�vtLlly �eised of the ratata hereby conveyed and h�.e tha dght¢a grant�iul
<br /> � convey the Prope�ty�nd t2u►t the Propert�►is une�cumbered.except far encumbraacee of record. Borrower w�rnate�ad
<br /> j, � ��iQ�.hfen��geaer�l(y the Htle to ttie Pmperty ag�lttst all elaims end demAnde,sub,�ect to pny encumbraaces nf i�ecord.
<br /> ,�.,�} � '1� S�cuwTyr yNy'['�tzn�t�rr cotubitees uulform covenanta for natlonal use a�l uon-ut�iE�na covc:f�aaY;,��lth 11r,tit�d
<br /> .� �__._ �,�..._.. u....,�,;..iw i�armmwne cnverina n�al otopertV. �:•
<br />—_ -:;----=`=Ti:.� V�.T��!�0�Or,jl�III%N1GUtiu av wuouww w..«......»° � �
<br /> .�;;;�� Ut�c�x�Covnrt�trrs.Borrawer wncl Leader covenant and pgrea as fod�ows: when dua
<br /> ,��,,�,,; 1.Pk�I11t11t 6�PlI/1�I�lil YIIfI I11�Eltl�j PfC�IN�'�1lIIt IIRd I.ate Chxrges.Borrower shall pmmptly(�ey �
<br /> tho rfnoipt1 of�nd iatomst on the dobt avidence�i by the Note�nd wny prep�yment t�11Rte chargos due under tlya Note. �;
<br /> '- p 2.�nd9 for Taxes and Ingw'ance.Sab,�ct to appllcabla irw or to 4 writtda w�iver by L� erder.Boaower ehall pay R
<br /> � J to Leadar on tba dxy monthlypaymetu.9�ro d��a wjder the Noss. untU tha Note is p�id ia NU� w sum("Fuada") for: (a) `
<br /> ,; � yearly tuas oad essessments whtch mny attain prlority over t51s Security Instrumant as s 1{en oa the Property;(b)Yauly �
<br /> le�sehold paymente ar grouad rents on the Proparty, if any: (o)Yair1Y ha�rd or prope:ty iasuranco promiums;(d)Yau1Y
<br /> ` � flood lasuronca premiums. {f�ay;(e)Yearly mortgwgn iuYui�,�nco praraivas��if:.ny;aztd(�naY s�m�payeble by Aorrower �
<br /> �. to Leader� in �ccordanca with the provislons of paragreph 8, in lieu of the pxyment of mortgage ianu�ace premiums• _
<br /> , � Thesa itams sre caUed "Bscrow Items." Le�lar may. at aay�nma,collect aud hold Funds in nn amount not to exceed the
<br /> maximum unc�uat r lr,ader for a federaAy related mortgago loaw may nqu�ra for Bonowor's escmw�cwuat under tho
<br /> � federxl Ral &tate Settlement Pcocerlutea Aet of 1974 Rs Kmanded from time tt► Ume� 12 U.S.G � 2601 u seq.
<br />-. -�'�' ("RESPA")�unloss�a�other bw thtt Rp lles to tlse Fw�ds sate t lesser rmount. If so, Lender u�x � At an Hme�collect and =-
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<br />� cwrent�iwd tn�son�ble�e+sti.m���expenditiues of finture�Bscrow I�tem�.s tor otheiwlse�inf cord�e wlth a�ppllcable _
<br /> . � l�w. =_
<br /> :.. � The Fands sh�ll bn fi�ld in tn iasHtuHon whosa depa�its ara in5ured by a fod�r�l agoxy,iaspume�lity� or onHty �-_.
<br /> -�:..-::,:;.`�. (iaclt�diog Lendor.if L.eader ia such nn iastitution) or in eay Fedatal Homa Loaa Bwk. Lemder stull tpply the Funda to _
<br /> �SaY ths E�crot�� Items. Leadgr tnay aot chnrga Boaower for holding and spplying the Fun�ds, anawlly uulyz3n8 tl�e
<br />�.:�� : �`.::�}.;,t eacrow�ccou�, or vetlfying the Secmw Itama. unletis La�or p�ys Borrowar interest on tho Funds sadappItr,able isw ---
<br /> pemnite Lendor to m�kn such a chuge. However. Le�ler may requim Borrowor to pRy a om-tlm�e charge for Ra
<br /> Y�+.,::�K . i�ie�endent roal oab�te hx mportlag service usod by Lander ia connocUoa witli thte lan, udose applic�We I�w pmvida
<br />_iy;•.:•.-., ,,,V oWerWrlsc►.Ude�.s w agroement ie mtde or applicible l4w intcrast to be�d,I.ea�dor sl�U uotth�t iu�ifuU be
<br />��°�:� �:.;�. Horrownr any i�erest or eaminga on the Fu�. Borrower�ndor�y�gc�ee ia writin�y,hawever.
<br />-;,;;.�� . . •� psid txt the Fuads.Leader rhall-glve W Borrowe:,without c�r�o,sa�anwl�c�ntin�of tbe Fuad���twwia�cmdib�ad
<br /> =_�yt lY�-�, , debito w We Fuads a�the purpo�e far which acb debtt to ti�e Fuad� w�a m�de. TTie Funds�ro pieclQed uo�ddlNon�1
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<br /> � �ecvsi'ry ror si���:� Leader�lull accauot a
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<br /> :<�:� � If tho Fuad�6dd by I.�en�ler exceec�the �mount�pem�itted to be held by appllc�ble l�w.
<br /> - '�'r=`',' Borrower for tbo eacea F�md�in�ccqrdance wttb tbe ra�uirecnenb ofsppllcable I�w,If the amount of tl�e F�md�held by
<br />- x��-:;�''�� ; Le�lx at�y tt�ne i�aot afAolent Wpay t6e&crow Items whon due.I.ender m�y w notify Borrower in wridng, wd�in
<br /> y`-�-:�.;�?:' e��c h c�u e Bocmwer�11 p�y to Lender the�mo�t nxeaary to m�ke up the de8ck�ay. Bo:rowor elu�ll ro�lce up tbe
<br />�:�;�,�; � ' deticbnay in ao moro tl�n tw�elve awutWY I�Y�ta.at Le�er'e eo b d i s c r e t i on.
<br /> '� Upoa p�yme�tn ff�ll of dl sums eecured by thie Saurity Iaetrument. I,ender eh�ll pmmpdy reftiad w�onro�xer
<br /> —"�„*�� my F+undr 6eld by Lender. If. wderpua graph 21� Le�or elull �cquire or eell the Property, Lender� Pzior w the
<br /> ---�;:���; �c9uidtbn ot eab of the Propesiy. sWiU�pply �ay Fuods held by Le�er itt oLe time of acquisidon or sab w a credit
<br />---a.,;��;�.,;`. .�,n���� �siart the suma seeured b�r tbie Sxuri Inatmment.
<br /> a11 paymonta recoivod by Loader under
<br />��_� 3. Applie�tbn ol P��mente. aleas appllca�ble lsw pmvldes otherwise,
<br /> -= P�S�P� 1 wd 2 sBtll be applied: fuBt� to anY P�MY�nt c ce due under tho Notot seco�. to Rmauats p�yaUk
<br />_°""_ --- under ph 2;tbird.to interest due�fourth.to p:incipal duet�l�at,to aay late chargea due undcr the Note.
<br /> -- -� 4�lae�eai L{e�. Borrowor shallpay�ll t.�xes. �ax�menb, clur8es�finos and im�osiflom �trr'M�ble to tho
<br /> _:�.—:.�,w �Y wl�ich m�y �ttain p r i a lty ovar t 6 i e S e c u r lty I n s h c u m e d, a n d l a s e h o l d p a y m e n t s o r g r o u n d �+ente� if �n .
<br />—_':;��„� Boirowor ebaU pay tHeee obiigntioas in the m�nner ptnvtded in patsgcaph 2,or if aotpaid in tgut m�mor�Borrower elvll
<br /> ---- PnY d�em�n timo diroctly tn tlye pereon owed payment.Borrowez�1W1 pm�tly furniah ta Lender R11 aoticeo of amounb
<br /> - - -_'--_' to bo paid uader tlils p�ra�nph. If Borrowor m�kabti Weso ptymet�ts directly� Bomowar shall promptly fiunieh to Le�er
<br /> �==�� nceipSa evk0eac�the p�ymeNs.
<br /> -- Bonawer el�tll pr�mpdy disc}�argo any lien which hu pdodty uver this Seciuity Instiument udeea Borrower. (s)
<br /> --=�-��'�� ��rea ia wrl U a�to tLo paymed of the obllgation secured by tbe lien in a nLmor accepd�ble to Lo�ler; (b)cont�s in
<br /> , u , g o o d f i�i t h t L e l i e a by, or d e f e n d e a g a i n s t e n f o r c e m e nt of the llea i n, legd pm c e e d i n g s wl�ich tn the Leudei's apinioa
<br /> "a'�� opente W pneva�the enfotcement of tl�e lien; or (c)sxuroa from the hol d e r of We Ifen an agreemeot afl�ctory to
<br /> ---- rn-�.�— Lender wbordinRtlng the llen to thia Socur[ty InstrumenG If Lender dctermine�that�ny part of the Pr��►�sub3ect to•
<br />--��;�.3 s lien which mty att�in prlorlty ovar thia Securtty Instcument, Londer may give Bonower�notice ide t�e lka.
<br /> --��,��i goirnwer eh�ll�fy the lien or mlw om or more of t}�e actlons set forth�bovo wlWin 10 daye of the glving of notico.
<br /> ==Y s� S.Hazrrd or ProQerty Lte�u'anoe. Bormwer elull keep the improvemonts naw exieting or heceaRer erectod on We
<br /> 7�-��: P¢�p�HY insured �Bata:� loas by fire, hazads i�ludod wtthin the term "oMen�ded coverago" �ad wy other hau��
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