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<br /> ,�' �rocEl�i wrrti il�t�C u�e�s Aow a i�«+xt�a ao t�e aope�ty.ana au�ssma��s-�pp��� .
<br /> �_aed fiictuties 1_qMr o[�---=t�=.a m�t.___�-*�1�"!�+e�iv< A!����od�dditi�_shaill also 6p wvaod by this Security
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<br /> t oft7�e��is refe�red to in this Securiry Instiu�nent a4 Ehe"Ptopecty" . -- ----
<br /> BORROVIFFR COYENANTS ihat Bamwet is lawfully seised af the est�tc de�+e0y ca►veye�and h�s l�Rf�t to g�ant
<br /> _- at�d canvey the Pt�opetty and Ihst the Pn�perty is wtena�mbe�.except for cncumbr�nces of cecaM- 8amwet ar,�its and
<br /> wltl defeod grneraUy tbe title w the Acnpeny agaia�t alt cisims and demands.subjoct ta any encumbranres of record.
<br /> � TEIIS �EC�JRITY INS7RUMENT c:ombines unifonn covenants for nadon�! usc and non-uniform cov�nants with� --.
<br /> � limite�variations by�cisdiction to catutitute a cu�ifoct�t seauity iasuu�xnE covaieB•�P�F�F• __. .. __-- ---.--.-
<br /> UNffORM COVENAM'S: Boimwer�Letida'cova�n�and�gRe ast'ollows: when due the —_
<br /> . l. Piysest atlri�ctpa�ind I�tt�st;Peept�aal��Lste Cl�arses. Borsower sh�il promptlY PaY =-
<br /> � prircipal af and interest oa the debt evidmCed by the Noso ard anY Pre�Y�nt and late charges due under the Noce. : �-,�v=_--
<br /> Z. Fti�for'li�zs.s ad l�a�ea Su6jxt ta appticabte law ar to a wntten waiver by Leackr.Barower s6all pay to _
<br /> -- -- I�eoder an ttoe day mawhtY PaYme�us are dae under the N�tr.umii the Note is paid in fuq.a swn t"Funds")for:fa3 Y�Y =_---
<br /> �
<br />- � tues�nd assessareiats which a�ay attain ptioritY over tlus Security Instiument as a Cicn on tt�e Pro�ertY•�(b)xe�Y le�sehoTd, - _ _---
<br /> -` WY�°�8��ts an th�Pmpert�►.if any: (cl Ytar1Y haz�d a pr°Pe�cY ulwiance prcm�was: (d)Y�Y �� _---.--------
<br /> F' insuiance p�eaumns. ff ailry.(e)yar1Y�8����P�ums.if any; and(�any sums payabte by Barrower to =___-
<br /> I.e�dcr.in axadance virith thc provisions of�ragraph 8.in tieu of the payment of mortgage insurance premiums. '[Tiese i�_
<br /> � items a�e saited"Escro�Iams.° Lender may.az anp rirt�e.soikct and hotd Funds in an amaunt aot to exceed ttje a�aximum _-�,---
<br /> 'r_• amount a tu►da for a fedeially retated mortgage toau may�4uu+e for Bmrower's escmw account under the federal Real ��,°.,_--
<br /> Estate SettleirKat PtoceduKS Act of 1974 as amended fram rigie to ti�.12 U.S.C.§2b01 et se .:"RESYA"�untess anotl�er �':�`::-=-- -- _
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<br /> `�� law ihat applies w the C�tnds sets a laser amoun� If so.L.ender may.at any time.coltett and hotd fw�ds in an aawunt not to `=�
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<br /> eaceod[he ksser a�noun� Lender may esrimate the amount af Funds due on the basis of cumnt d�a and ceasonable �.�;�__
<br /> � es�ates of eapeadituc�es of fature Esccow Items or otherwise in xcordance wieh appticable law. . or entiry ''�
<br />. • .'i'Ae fiiMs�s1�A 6e hetd in an ins6tvrion wTase deposits are insnred by a federal agency.�tY. �`-�'�-_
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<br /> ('�cluding irender.jf Lender is such an institutian)or iR any Federal Hame l.oan Bank. I.encter sha11 apply tJ�Fands to PaY '�_;,;..--
<br /> � d�e Fscrow Items. L.eader may noc charge Bortawtr for holding and applying the Funds,anauaUy analyxing the escrow .���=.
<br /> • licable law its ��'�`��=�
<br /> ' acSOant, or veeifying the Escrow items. unless L,ender pays Borrower incerest on t6e Funds aad app� Perm �
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<br /> l.ender to make such a eharge. Hawever.Lender may t+eqwr+e Barrower to pay a one-ame charge for an independent mal -
<br /> . - , esiate tu ' setvice uced�y Leader in Cont�cdan'+��1►this laan,unless applica6te law pr�nvides otherwise. Unless an �`Y;__� .: -
<br /> '`' agrecment is m�ade ar applica6le iaw requires interest to be paid Lcnder st.a}I not be requ"u�ed to pay Horrower any iaretest or -. , � _
<br /> - eamings on the Funds. Bc�nower and l.ender may agree in writing.howerer.that interest shall be pa�d on,the Funds. Lender -:=
<br /> ., �, �� . shail give to Bocrowec.$�ithoat eharge.an annual accounring of.the Funds.showing credits ancE debits to the Funds and the � �':.;��._•
<br /> , ��"'` -g purpose for which eacb debit to the Funds was made. The Funds are pledged as addiaona!securiry for aU sums secured by � : _
<br /> -- • ttus Security Insuument r.-::. --
<br /> . If the Funds 6etd by Lender exceed the amounu pecmitted to 6e held 6y applicable taw. Lender shall account to •., �': __
<br /> -�' Borrower for the eacess Fwids in accordance with the requirements of applicabte law. If ihe amount of tt�e Funds held by .�':;:,•' �,':'_-
<br /> . ' ' .� •. l.ender at any time is not sufficient to pay We Escraar ttems when due.L.ender may so notify Borrower in w�iYmL�.and,in ;�.
<br /> � . } -` such case Boaower shatt pay to l.ender the amount necessary to malce up the deficiency. Borrower sbai[make up the ,`�-r`�,y..��:__
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<br /> . ��-°= ��_'� ; " deficiency in ao more than twelve monthly payments.at Lender's sote discretion. '� ;;s. . , -�
<br /> �..- .��:r� Upon payment in full of aU sums sewred by this Security Instrument,Lender shall prompdy iefund to Borrower any -: `;�t•� .• . -_
<br /> . . .r: , .
<br /> - �;�-;;�=,;�•;°': �� : Funds hetd by Lendet. If,under paragraph 21.Lender shall acquire or seU the Property.l.ender,prior to the acquisition or �.o,�
<br /> �>:•'�;': �" �°' " sale of the Property.shall appty any Fuads held by Lender at the time of acquisition or sale as a ccedit against the sums �• , ; ,-:�3:r
<br /> -.�'z,,�:°�=3;.•.L . secureA by this Security Insorument.
<br /> �"?`�� '�� ` 3. Applicstion d Paymenx�. Untess applicabte la�v provides otherwise. all payments received by l.ender under , . `�`
<br /> . : ��'�'�:�.�.�,•',�;` paragraphs 1 and 2 shall be appliect:first,co any prepayment charges due under the Note:second W�ounts payable under ___
<br /> �'�'�_'.���� paragaph 2;third.to interest due:fourth.ta principal due:and las�to any late charges due under the Note. .. • __
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<br /> �s7�'�.. � 0. C6uges; Liens. Horrower shall pay al! taxes, assessments,charges. finec and impositions attributable to the d
<br /> ���. ' ;�-�,a;.��;�;3,'., Propetty which may attaia priority over�his Security Instiumen4 and I�.sehold paymen�s or ground rents,if any. Borrower , - •'-"
<br /> T``�'�"' '"�`-:�:�- ' shall a these obli ations in[he manncr rovided in aragraph 2.or if not paid in that manner.Borrower shall pay them on . • �_
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<br /> • ��'+..;;� timc directi y to the p e r s on owed pa yment. Borrower shali pramptly furnlsh to l,endcr all notices of amounu to bc paid ander � ._ ..
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<br /> • ��:�..<-- • . �s`;i : this paragraph. If Horrawer makes these paymen�s directly.Borrawer shall prompQy fumish to I.en der receipts evi dencing ; ,
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<br /> '�`�' '�''.' =� , ' the paymenu. -
<br /> �`-''���'.�.�`�.:•, Borrower shaQ rom ��scharae any lien which hay riarit aver this Security Instrument unless Borrower.(a)agrees ,, � ;='
<br /> � r� in writin to the Pent o�e abli aian secured b the lirn in a manner aooeptable ta Lcnder.(b)contes�s in good faith the ,}:;;;�.� • `""`
<br /> � '� � � lien by.ogr defends ag nse emforcem�erte oF thc lien in te al praccedin s which in the[xnder's o inion o rate to revent�hc ���' -
<br /> ' S � P Pe P � "'�".. :�:,__
<br /> -�� • enforcement of the Ilen:or te)r+ecutes from the holder of the lien an agreement�aticfactary to Lender subordinating the lie� ► -__
<br /> ,�: � , �•�::�:-. to this Securury Instrument. lf L.endcr d�tesmines 1ha1 any p�rt of Ihe Property is subjcct ta a liea which may attain priority � -� .
<br /> ,���-�``�,' •°� over this S�curity Instwnent.Lcnder may give Borrower a natice identifying the lien. BaRVwei sTMall satlsfy the lien ar take •
<br /> ' �_=�•',�:�-��:•_.
<br /> •_�. -�. •.• ane or mare of thc actions stt fonh above with3n!t1 days oF the giv ing af natice. �. • •
<br /> -.. '. � 5. Hazard or Property Insurance. Borrower.altall kecp the improvcments now cxisting or hereufter erected on the �
<br /> ' ' Property insured against lo.ss by Sre,haxards includeA within the teisn"cxtcndcd coverpge"and any ather harards,inctuding � 7' .
<br /> • . ' fluads or flaoding, for whicb Lendcr rcyuires insurance. This inaurance Shall he maintained in the umounts and for the �
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