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<br /> . o" 7�B7�R 1ARTH iU (h0�IO�DYOIIIOfII�AOW O�hOf0Y�1E�CfCCIOd Ofl(h0 pfq�Ofly.Yld�II Nt0111G11/���� _
<br /> � lixtura aow ar hae�fla�prt at Ihe ptapaty.All te�locancnu and�ddWo�u rhsli d�o 6o covaal by Ihlr SacuricY�n�uaa�, ...�
<br /> ° � AI)0�1�10�OIOQO�II��!fC�tliCd LO lll(�l�f SOC11�ty 11Wi11111C111 iY IhC�PI�O�ty.� -
<br /> ' BORROWBR COVgNAN7'S�h�t Borm�rer b IawfuQy�ef�od at iho d�ato hcrcbr conraycd wnd!��he d�u a�rant�nA
<br /> y . ;. .:w--,n convay Ihe Propaty md 11yt Il�Pioperty i� una�cumherod�e�cept fat cncumbrw�ca� of rocarl, Bortowcr w�aad w1U �,---
<br /> ,. detend Qa��llY Ihe d�o a 1ho Propaty�alna all clahns and daiwnd�►aibjoct w any a�cwnbrw�cea of reca�d. �;:;�..._
<br /> TMS SB+CURfi'Y WS7RUMBN7'caabinmt unifam oovai�nte far nulonwl we and aon•unifam covcaa�w wIW IiaaiUtd �"�,, :
<br /> . v�ri�tions by juritdiction w co��liwte a uaifarsn�curity inWwna�t covuing tral propatY.
<br /> � � ' � UN�ORM COVBNAIV'IS.Boaower aad i�idct covc�nt and s1�rx as[olbws: wba� du�e 1hp _ _ - ° .z _
<br /> � 1.P�y�wt af PrrclPd s�d I�tendi�W!'�at a�d Wit�C6u�a. Bamwa elwU P�P�Y WY ---
<br /> principol of md iatucx on tbe debt avidarcod by�ho Nola and AnY D�Y��lata chargea dua widu tha Noto.
<br /> ,. t FaNdr�or raaa u+d I�sura�a. Subjoct w appljcable law or w a wriata walva by I.eaider� 9orrowa �iwll pa�y W �.._�.--
<br /> � Laider on tha day momhtY P�Ymaits aro due wider Uw Nwa.until lhe Note is paW in fuU��sum("Funds")far.(p)Yearly ianen �:_ -
<br /> �sd�n whicb may wmin p�lty over�hls Socurity Inst�urne�t as a lia�an Ihe Proi�ertY:(b)Yearty kasehold payaoc�t9 -
<br /> or g�uund renta on Iho ProPatY.if�ny:(c)Yearly hs�ard cx papaty iasuranc�prcmiums;(d)Ytarly flood in�urance Pre�ium9��' `"`iz----
<br /> , any:(a)Y�Y�B+�Be inwr�ce pre�aiwns.it anY:and(�anv wms paYab{e by sotrowa to I.er�dcr.in accordanca wi14 thc _ --�-_-
<br /> � provisjons of parq@raph 8. in Ilw of iho pvyment of mo�tgage insurancc premlums. 'iT�esc itcros are ca11�1 "Fsaaw lttm9�" —y _
<br /> � l�e+dtr may�at any tima.cotloct and hold Fwids in an�unount not w excoed the mazlmua►amount u k�nder[or a fe�eraUY rc�tat�f =_-
<br /> moc�gage lo,n may �e4uire for Barowcr's escaaa account undac ihe fe�eral Rcul Fstatie Settlanent Proceduras AGt af a974 ac ''`�_-
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<br /> ama�dod fran timo to tima.l2 U.S.C.Soction 2601 et seq. ("RFSPA"),unkss anothet Ww that applies to the Fa�d9 sets a les� • ---
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<br /> , � amount !f so�I.ciider may.at any dme. wlloct and hold Fw�ds in en amaunt not to exceed the ksser anwuM. L�tn�'mpy i �„�y,
<br /> estLnato Ihe��wunt of Funds due on thu basis of cuRent data and re�o�wbk esWrwur.�oC axpendiWres of fuwna�xoW ltcros or �:�:'�---•-m'
<br /> ottx�wise in accorda�rae wit6 applicabb law. � `t., �'�
<br /> � 'itie Funds shaU be held in an insuwuon whose deposits arc insurad by a federal qBeACY.instnunentality.or au�q'(includinB �= " � -
<br /> Lenda.if La�da is such an instiwtion)or in any Federal Home l.oan BaNc.L,ender stiall apply the Funds to pa�r Ux Fscrow ; • _ _
<br /> Itans.I�endet may not char�a Horrower for holding and applyiag the Fw�ds.annually analyzinB Ihe escrow accoun�t�ar vuifying �. ��:��_=•
<br /> � r the Fscrow Items.uakss L.a�der pays Bomnwer int�est on 1he Funds and applkabk law permits l.ender w m a ke suc h a c h a rge. j. ,�`',y—
<br /> Howcver.Lender may rcquire Borrower to pay a one-time charge fot an indepeiident mal estate lax re�portin4B„service usod by f ���.�
<br /> Lender in connection with ihL4 loan.unless applicabie law pmvides otherwise.Un{as an agreement is made or applicabk 18w �
<br /> � requires intercst to ba paid.L�ender shaU not be required w pay Borrower any int�tcst or eamings on Uus Fu�v.Borrower and � . .
<br /> I,endu may qgroe m writing,however.that inttrat sheU be paW cm 1he Fwids.l.endcr shaU give w BorrawBr,wilhout charge.an �
<br /> annual accouuting of�he Fupds�showing cre�i�s and debits to Ihe Funds and Ihe Purposa for which each debie.w the Funds was '
<br /> � made.lbe l�ua�ds are piai�ed a4 eddiii�nai�+:uriiy fix oll swns sacurcd by s1si:�Stc�ssity Iruttumesss. �,�=' '�;
<br /> � If ihe Fuads held by L.ender eaceed the amounts permitud W be I�eld by applicable law.Lender siiall acCOUnt W Borrower for ,' - .��,�..
<br /> I the excess Funds in axordaoce with the requirements of applicable law.lf�he amaunt af the Funds held by I.u�der at any dme is �" � `�
<br /> not sufC�cient to pay the Escrow Iteans when due.l.ender may so nolfiy Borrowcr in writing�and,in such case Bortower shall pay � :. ��
<br /> w Lender the amount n�ssarY w make up the deFiciency. Bonower shall make up ihe deiiciency in.no more ihan twelve �
<br /> m o n t h l Y P a Y m a�l s.a t L.e n d e r's s o l e d i s c x e t i o n. �.k
<br /> UP�PaY��in fuU of all sums socured by this Security Inslrument,I.ender shall prompUy re�'un�!W Aorrower eny Fund4 i
<br /> , � � heW by I.ender.If. under paragraph 21.Letider shall acquirc or sell lhe Praperty.l,end��.Prior to Ilw s+cqwisition or salc of the
<br /> , pruperty�sl�ll appiy s�ny Pwids I�eld by Le+�det at tbe �irtie ut sw:quisiuon ar sale us a crrdit�ainst 1Ms swr►s secured by �his .
<br /> , . � Socurity InsOrumen�.
<br /> 3.ApplkAtioa ot Poyments. Unless applicable law pravides otherwise,all paymen�s received by l,ender under paragrapbs
<br /> 1 and 2 shall be appliod: first,w anY P�Yment charges duc under 1he Note,sacond.to amounts payable w�der par�reph 2: .
<br /> third.w interest due:founh.w principal due:and last,w any late charges due under the Note. � ;
<br /> � 4.Cbarges;Lieoa. Barrower shall pay all�aues.asscssmeri�s�churges. fincs and imposi�io�►s auributable to �he Propaty
<br /> � which may almin prioriry over Ihis Scxurity Instrumcn�.and Icaschold paymcnls or ground rents.if Any.Borrower shaU P�y t�se
<br /> obUgations in�he manner provided in pazagraph 2,or U'not paid in that.manner.Borrower shall pr�y�hem on tiwne direcUy to�he
<br /> person owed paymenG Bortowea�shall prompdY fiunish w[.endcr all naices of amounts to bc paid under lliis p�Waph.If -
<br /> • Borrower makes Uiese paymen�s d'uectly.Barrower shall pmmpdy fumish w I.endex receip�s evidencing�he payments.
<br /> � Borrower stiell promptlY discharge any 13en which ha�priority over lhis Socuriry Inswment unle�s Borrower. (a)agroes in
<br /> writing w�he payment of IAe obligation secured by Ihe lien in a manner accep�able w l.ender.(b)contcsts in good faith Ihe Ifen
<br /> by, or defends again.ct enforcement of the lien in, lege! proceedings which in the Lender's opinion opeaate w prevent 1he
<br /> eaforcc�nent of the lien:or(c)secu�+es from the holder of the licn an agroement satisfacwry e L.ender subordinuing�he lia�a �
<br /> � �hi�Security Inswmen�If Lendcr dctem�ines Uiat any pazt of Ihe Pruperty ix subjocl to a Geo whi�:h may attain priority ovex�his
<br /> Seturity Instrument,Let►det may give Bortower a notice idcaiti(ying Ihe licn.Bi►rruwer.�hall sutisfy thu licn or I�ke a�c or rtwne
<br /> of U�e actions set fonh above wi�hin 10 days of the giving of noticc.
<br /> Form 302� �I�O
<br /> � �-OR(NE)1a�oa� P.y.a oie ionuu:
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