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<br /> .�- - . 92- �03�90 --___
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<br /> _—�L�.�„���� TpdE7'HER WI7'H all�he impmvcmentti naw cx hereuf�er crec�ed un�hc prc�eny,und All c•rsemcnt.,uppunenwKCti,
<br /> :�.,�,,.,,,�,.��,,,,�;�� and iixtures now ar hereaRer a pnrt of the pmpcKty. All nplucements wNl addi�ion�xhull ulw be cov��l by�his 5ecurity
<br /> --- y ---- In�pument. All of Ihe fcxegaing ie referned to in ihis Securily Instrument uc ihe.'Prapcny.. - -
<br /> - BORROWFdt COVENANTS thut Borrowcr ia luwfully�eised�f th�estatc hcreby convcycd unJ ha,ihc�ight w gran�
<br /> �=� ° And convey lhe PropenY smd that the Property is unencum6ercd,except far encumb�c�of recurd. Borrowcr wnROnta�nd
<br /> �����,�� � _.
<br /> `:� �..• '. will defend generally the tiUe ta the P�vperty agnmst All cluims and demandx,nuhjert tu uny encumbronra��i recutd. ____
<br /> TFIIS S�CURITY INSTRUMFNT cam6ines unifcxm covenun�s fix natiunul uK und nan-unilurm cavenunir wi�h
<br /> .-..�'�. � : limited vada�ions by jurisdictian to constitute a uniforni security in.trumem covcrinp real pruperty. --
<br /> �::;"�; UNIFORM COVENANTS. Borrower and Lender covenant and ogrce as fallowr: `
<br /> '�� � 1. Pnymenl ot Principal p�d Interesti Prepaymeol nnd Lnte C6arges. Barowcr sholl promplly pay when duc Uic
<br /> ��'�`y-��:�` principal of sind inlerest on�he debt evidenced by�he Note und nny prepuyment uixl late churgeti duc under ihe N�ue.
<br />— "fi�;?�;'�.;�;�,e;;�r ,.� 2. Fluads for'11�xes w�d lnsurancG Subject to applicable law ar to a wriuen waiver by Lender,Surrowcr shull p�y ta --
<br />�-"��='���, Lender on the day mon�hly pnymenls ane duc undcr the Note,until thc Notc is paid in full.u.um 1"Fund�'1 for.lnl ycurly _
<br /> � ' �axes and ussessments which may atlain priority aver�his Security Inslrument as u lien on the PropcAy:(bl yearly leasrhald
<br /> . . :'.. s•:`. .,,•. . p�y m e n u o r g r o u n d re n�s o n �F�e P r o p e n y, if an y: (cl yearl y hazard or pro p eny insuronce premiums; ld� yeurly Ilood �°`-- __—
<br /> r�Y��!rY��t�.���•; � i nsurance premiums, if any: (e) yeuly mongage insurance premiums, if uny;und 1� any sums payable by Borrower to
<br />__ �:,� � . j Lender,in aaordance with Ihe provisicros of pamgmph R.in !ieu of 1he puymem of mortgoge insurance premiums. Th�e _ _
<br /> ,. . �. i items sue calied"su��W f�r����. �.z�tiacf msy.at any tirssc,collect and hold Funds in un amount n���r�►exl�rwl�hr msaimum ��, _
<br /> umount a lender far � federully rala�ed matgage loan may require for BoROwer 5 escrow uccount under the federul Renl �;-�--•
<br /> '°-'���``'�� � Estate Seulement Procedu�es Aot of 1974 as arnended from time to time, 12 U.S.C.�2601 c�sey.("RESPA"),unlesx another �'"••°
<br /> '�``".`'s•"��`.�: ° ., � �a�y thsu applies to Ihe Fundc se�s u lesser amount. If so,Lender mu ,ut an time,collect nnd hald Funds in an amount not to y
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<br /> a_ • ' � � ' ezceed the lecser umount. Lender may estirnate 1he sunou�[ of Funds due on �he basia of current data s+nd nes�sonable ��.
<br />�f ' esumate.s of eapenditu�s uf fulure Escruw Items or otherwise in accordance with applicuble IAw. -`-
<br /> � •''��'� ' The Funds xhall �hcld in an institution whosc deposits are insured by a federal agency, inslrumentuliry, or entity �.�"
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<br /> �� � (including L.ender,if Lender is such an institutionl or in any Fedeml Home Loan Bnnk. Lendcr shall upply the Fundc to pny __
<br /> Y � Ihe Escrow Itcros. L.endcr muy not chtuge Borrower for holding and s+pplying the Fundc, unnuully unulyzing the escrow
<br />�"' ' occount,or verifying the �scrow Items, unlesc l.ender pny� Borrower interest on the Funds and applicnble Inw permits �''°"'�
<br />'� , l.ender to make such a charge. Huwever,I.ender may require Borrawer�a pay A one-time charge for An independent reul �y
<br /> , � . ., o •' � 7��'�••Y-.^�'�
<br /> 4* ' � estate tcu reporting service used by Lender in connection with this loan,unless upplirAble luw provides otherwise. Unless an ��,r_,.�,_.
<br />�•�, _.� ' I — ---__.
<br />•�,. : , :;�,„ agreement is madc or applicable luw requires interest to be poid,Lender shall not be rcquired to pay Barrower any interest or �xi��
<br /> ' earnings on thc Funds. Borrower and L.ender mny s►gree in writing,hawever,thot interest shnll bc paid on the Funds. Lcr.der �•:..�••
<br />*..� �''r;;"y'��' shall give to Bortower,without char e,an ennuol accountin of Ihe Funds,showin creditx und debits to�he �unds and the 1:;.•.:_:�••
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<br />'��': , purpose for which each debit to the Funds wsis made. The Fundx ure pledged us additionul security for all sums xecured by
<br /> � '•' ' this Secudty Instrument. !^'--
<br />±.' .. ' . ;�... .` � If the Funds held by Lender exceed ihe umoums permiued ta be held by opplicable law. Leixler shall arcount ta �___��-
<br /> Borrower for the exces�FUnds in uccordanee wi�h the reywremen�s af appficubie luw. Ii[he amaunl uf�he Fun�hrid by =� °-
<br />� • ' Lender at any time is not sufficiem io pay the Gscrow Items when due,Lendcr may so notify Borrower in writinR,and,in �� ..�
<br />� • � such case Borrower shall pay to Lender the amount necessary to mahe up the deficiency. Borrower shull make up �he �e.�;�su_
<br />' .��',� �� deficiency in no more t6un twelve momhly puyments,nt Lenderti sole discretio�. __—_—
<br /> t Upon payment in full of nll ,ums�ecured by�his Securi�y Instrument,Lcndcr shull promptly reiund to Borrower any —'�=�:;,�
<br /> �•.1' � Funds held by Lender. If,under paragmph 21.Lender shnll ocyuire or sell the Propeny,Lender,prior to Ihe ucyuixition or
<br /> � � sale of the Prapeny,shall apply any Funds held by Lender al the time of acyuisiliun or sule as a credit ngainst the sums �(•°�-'r-`*y'
<br /> Y •• ' secured by this Security Instrument. �°'�"`=--
<br /> � . 3. ApplicAtion of Payments. Unlcsx applicabM luw provides othcrwise, all payments received by Lendcr under --M-z��.
<br />�^ . � puragrnphs I and 2 shull be applied:Cirst,to uny prepayment chsuges due undcr the Note:second,to umiwmti payable under
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<br /> psuagraph 2:third,to interest due;founh,to principal due:und last,w uny latc churges due under the Note. —°--°-
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<br />� •� 4. Charges; I.iens. Borrowcr shall pay all taxes, As+c.smenh, char�e+, fincs swd impositions uttribWable to the , .�--,, -
<br />� � property w6ich mny atwin priodry over Ihis Security Instrument,and Ievsehold payments or ground rems,ii'any. Borrower , ,__ .
<br />� shall pay these obligations ia the manner provided in par.�graph 2,or if noi puiJ ia tliut munner,Borrower shull puy them an •,:Ni,�=�.fs
<br /> time direcUy lo the person owed payment. Bormwer,hall prompUy fumixh lo Lrnder all notice�of amounts to be paid under ��:'�»,�,`�"r-�,'.s;.
<br />� ' � � this pamgraph. If Borrower mnkex these puymenls direcdy, Borrower shall promptly t'urnish to Lcoder receipts evidencing �•�--°_
<br />�; � ., Ihe puyments. .dycY.'°�_�,
<br />'• Barrower shall promptly discharFe uny lien which ha+priuriry over this Securily In.trumrm unless Borrower.(n)Agrces ,�i�%Y_T=-3;-
<br />' • � in writing to the payment of�he obligation serured by Ihe lien in u munnrr xceptahlc to L.cndrr:lb►contexl�in good fitith U�c ::';,;�, ':�=
<br /> . l i e n b y,or defends a gainst enforcemeM of Ihr licn in.legal prcxcedings whKh in thc Lender;opinion operrte to prevent thc �: ; '
<br />''r enforcemem af the licn;or(cl�ccurc.from the holder of thc licn nn agrecmcnt�a�ixfartory w Lender subordinating the licn �;1�,:�!i,:?;.:�-�
<br />° • ' 10 Ihis Security Instrument. If Lender determinc,that uny part of thc Pro'eny i..ubject to a lien which muy ut�uin priori�y ':�'�;:.':;•�'�"
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<br /> � ' over�his Sewrity Instrument.Lender may Rivc Borrowrr u m�tire idrntifying the lien. Borrowrr shull salisfy the lien ar tolce �.l���
<br /> ' one or morc of the urtionx set forth above wilhin 10 days of the�iving��f notirc,
<br /> � 5. Hpzard or P�operlv Insurance. Bamiwer shall kcep the improvement.nuw existing or hereafter erected on�he
<br />. . '' property insured again��bss hy fire,hazurd. incluJeJ wiihin�he tcrm°exlcndrJ co�•rragc"and any �nhrr ha�urd.,including �
<br /> :�,r,'• floods or tlaoding, for which LenJcr rcyuirc+insunu►cc. 'fhis insuruncc.hvll tk mainluincd in Ihc mm�untx and for Ihe �
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<br /> 4 ',.�t`.:' • Form 3921t 919D �rx��r:u/A puya.� , .
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