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<br /> T�ETIiE.�R�i/IT�i a!1 tt:e impmvements no�or heieafter ereceed�n the property.tmd a1i easements.appurtenances.arsi
<br /> fixnue5 now or her�after a patt of the pru�rcy A11 replac�naents sad additions shatl also be covered by this Seruritg+ �.-
<br /> =� Instn�msnt.A!1 of the foregoing is refecred to ua tlus Sesurity Iastrument as the"FroperEy.' __
<br /> �,�?�?��z�'(?Y�tVA1V?'S t�at Earrovrer is lasrfuiiy seised af th�estate hcreby com+eyed and has the right to gram nnd
<br /> � ' oonveg the Prcpetty�nd ti�at the Property is uncr.sambered,eacepc for encumbranres of record. Horrower vlarrunts sutd wili =-
<br /> , defen@�eaeraily the tide Eo th�Pro�rty aga�nst all claim5 and demands.subject to any encumb�ces of record. —
<br /> '('�'eILS�F_�UIZ1'TY LPiS'i'Eil)MIENT combines un'sfortn oovenants for nutiattal us�and non-unifomt rovena�ts with iimitcd __
<br /> variatick�s bv juiesdicaon tfl consdtute a unifornt security instnsment corering teal pro�*ty.
<br /> Ut�iiFQR,'ul COVENANTS.Borrocscer and L.ender cavenant and agse�as falloivs:
<br /> i. pn�eta�c4 of Ftimdpal and I�2_r�i; 6'rep,yms�t aud Yate Cha�es. 6ormwer shall prom�►tiy pay when dae the --
<br />� prirtcip:8 of und intet�st on the debt evidenced by the Nate and any prepayment arxf late chuges due under the Note. �
<br /> �.FtJttds Qar 7'aaes and Yt�a.sr�sP. Sub,jec�to applicaflle law or ta a w�tten�v�icer b}L.cnder. Borrower shal!pay to �
<br /> Lender on iho d�y monthly paymenu are d�se ur.dcr tae Note.untii the IVote is paid in fuli.a sum t"Funtls")for:(a)yPUrly taxes ��
<br /> �. aad as•.essrncNU vrhich may auain priority over this�ecurity Ir�strumem as a lien nn the Property: (b)yearty leasehold payt�nts
<br /> ot gratmd�mir an the Praperty.if any:(c)Yearly hazard or property insuranrc pmmiuiau:(d)Yearly flaod insuruace premiums.
<br /> if aay: (e)9crr.Y mortgt�instvar�e premiums.if any:and(�any sums pay►tis3e by�omnrvcr to I.eader.in awordansc�dth _
<br /> th:ptavisinns af gasagraph S.in lieu of tt�payment of mortgage insuranze pramiumg. 7'hes�iteans are ralled"Escr�w Items.°
<br /> Lend�e mt►y�at any tuaa.coftect and hald Funds in an amount aot ta exceed the ma�+�!m aramunt a lender for a feder�lly
<br /> . relat�d mflit3qga Ioan may rec�ire fof Hnrrower's esavw account under the federal Real Estate Settlem�nt Pmcedures Act of
<br /> 1974 us am�ndrd from time to tunw l2 L'.S.C. Section 2601 et se�. (°RESPA"),unless anather!aw that applies to the Fands :-
<br /> • seis a less�es aruaun4.If sa.Lead$r may, at any tirne.couect and hold Funds in an amovnt a4� to exceed the lessar amaunt.
<br /> • Ler�ez may e.�Yimats t�e amnunt of Funds due on ttte hasis of current data attd�easonabie estimates of exgeaditur�of future
<br /> Escrow Itoms ar otfieta+ise in arcordance with applicable taw.
<br /> Tho Fund� sfiall 6e 5eld ia an institurinn whose deposits aze insured by a fedetal agency, instramentality. or entity
<br /> . (iuEi�dinp 3cnd�r,ff l.eader is sush an institUtion)or in any Federal Home Loan Bank. I.ender shall appiy ttie Fuuds to gay th� ►��'
<br /> � Estrow Item�.I�der may mt charge Boaawes for holding and applying the Fumds.a��ally analydng ths escrow acxovnt,os -
<br /> �. verifyiag the F�:crativ Ite�s.anless Lea�er pays Eornoner inier�.st on We Funds and applicable lacv permi4s Leader to make sucb _
<br /> a d�ge.iiatsever.I.eu�ec may ceqair�E�isower to pay a one-time charge for an indepeadmt re:il es�ae tax ceporting service __
<br /> us�by t.+ttr�' in conaecdon with t�.is [oan, unless agplicable law provides athettviss. 1�3u'�s an agree�ent is made aY v
<br />�;" applicablo inw requares interesC to tre paut,Lender shall not be requir�d to pay Enrmcver aay�i',erest or eamings on the FuIIds.
<br /> Bor[�wer�and d.ender�agree in vnitins,hnwever.shat inusrest shall be paid oa t�.°.F�:..-�.Lender s�all give to Borrower, -
<br /> w6thout�c�frga, an ami�,a�sccounting of the Funds, showing credits and debits cu aY�e Fu�.aad the purpase for which each
<br /> d+�bit to tho Ftmas was a�Is.T�ae Fnnds are pledDed as addiaonal security for�':r�'•s��en�by this Security Instrumeat.
<br /> . If she:Eirnds held by T.a�er exce�,d the amounts permitted to be held by agplicabl;,I�`i;F�nder sdall accaunt to 8osrowear �
<br /> � far the erd�,���+.�ds in accordanc�with the recluirements of applicahie law.If the amova� �r!n'S�Fund3 heid by Lender at eny
<br /> xima is not.:.�itf�cieai�r�.,sy the Fscrow Itatts wher�c��e,Lender may so notify Sarrower iri�v:r,uing,and,in snch case Boreo�ver
<br /> � •s132i1 guF 6ac�end�r c}ir ss�ount neccssary W ma�„ia�;the deficiency.�orro�vc�..�1 a�ak�e up th�defr�:z� in no mare than ` _
<br /> . ,°twetve raatq�tJ,Pa3►u►�:�s��t I.ender's sote discretiw?ra4 � . �
<br /> - L2pon�}sps�ue�1L iD f[ill of�11 sttAi;S Se4i�ed by`this Security inctn�m nt_ ��+i sh3F.�_�3TOmpdy cefund to$o�rowes any
<br /> �uads hcld.h�:C.�der.If.under pars�c;a�li 23,�ad2r shall acquire or s�e11 the prt��Itq�£?�sa.r�r,Prior to th�acquisition ar s a le —
<br /> 'of�ho P��pc:iry.sha11�?�y any Funds tieid by Lender at the tune of acqaisiao-�c:��u�►e�s��+�dit against the sums secured by
<br /> - this Ses�ri�.!i�4nstratn��.;`.• .
<br /> . 3.A,�iYtealYOn ql��is.y�ents.Unless apPlicable txw provides otherarise.aldi fir�lrtients�ceived by L.eader under para�raphs .
<br /> 1 an��Nyt,f�����s�,a,�sp:ie�:;'fir�t,to aa�PrePayment charges due under the Noi�;setond,w amouau payable uader parugragh 2: . _
<br /> thitd.to:iiti►�t due;fa•.uth,to pr6��rra!due:and last.to atry[ate charges due under the Noie. -: ,
<br /> . � 0.!G�tges. �ien�;�tinower s1�ii pay att tazes,assessn�ents.charBes.fines and irapositions suri[�utabie w the FYt�q:�:ty
<br /> e �
<br /> • •whicb r.nny,attain prioi,�,i�'c�rEr t�Ls Security tASua:ment. and leasehold payr�at�pr gound rents.if amt�.8osrower.shall pay �.;,:! ..
<br /> . these obli��iions in th:i�rGGer pmvidad in parage�h 2.or if aot paid in Wat m�.ur�u.Borrower sball�+".z�on time dinctty ;:�.;,
<br /> ta th�per�p�owed payrrii�t5.�orns�uen.shall prnmptly fumish to Lender all m�ttces of�mour.ts to 6e paid under this patagrzgh. , ..
<br />'� .� If Borr•9rt�,�makes these pa fsrterss�f7�iaWy.Borrower shalt promptly fumish to Lender receipts evideBCing t6e paymeats.
<br /> ' Barc�:ver shall pro�tDy discfiaige any lien whi�lt ha�prIority over this Security Insttument unless Borrower.(a)agrees ia
<br /> ' wridn��tuitYte.paymenc rtr�tlt:obli�ution secured by the lien in a manner acceptable to L.end.er,(b1 ooatests in gaad faith the llen
<br /> � by,or det�nds again;xi'r�b�ement of the liea in. legal pmceodings whic6 In the.Le,�der's opinio� operate to prevent the
<br /> enfoncemcnt of th�liar;.aT(c)secures from the holder of ti�fien an ag,reement satis�actosy*tu�s&xsnder subordinatiag th�iien to ��, �—
<br /> " � this Set�ari�j.Insu�umcn,t:If Ler►der detei�mitizes Wat any part of the Property Is subject W a 1i�.n which mry attsiin priori(�;��,e:
<br /> � this�rura�/,-instru�i,ender may give Bor�ower a aotice identifying the lien.BQrrower shall satisfy the liea or taka e•�or. �
<br /> mure af fPtu actions sef fist�,9 a�ove within 10 days of the giving of nniIce. ,
<br /> • Fortn 3028 9190
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