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<br /> ,;��,nr,��'"Rr,•,,,,, .'��- TOGETNER W ITH oll Ihe improvcments nc�w on c�reABcr crc�;tccl un thc property.+u�J ull cu�emcntw.appu�tenuikes,
<br /> ��l"" and fizwre�now or heteaiter u pan of thc property. All r�placcmcn��and additiaus sh�ll ulw bc covcrcd by�h�A Se.curity
<br /> - ��.�.''�.:?����'^"� InrtrumeM. All of Ihe faregoing ix rcferrcd to ln this Securily Insaument ux thc"Property."
<br /> - �r�,,{•r�;� HURROWER COVENANTS�hu�Burruwcr i�tawfully,rf�ed of thc cstutc hcroby mnveyed und hHr�hc rfghi to prant
<br /> ��•;^ and convey�he Propeny und IhAt the Propeey 1s unencumbered,ezcepl for encumbrunces of rerord. Bormwe�'wamnte w�d
<br /> ' � ,��,�y,:.� wlll defend Renerally the tiUe w the I'ropeny uguinst all cluima and efemunds,suhject w any encumbranceti of r��:ord. _,
<br /> _ _ ,._ THIS �ECURITY INSTRUMENT combines unifarm covenants for nutionul usr and non-uniform covenw�tv wilh r_
<br /> ��`"'r-���;-- limitcd vuriatiuns by jurisdicuon ta cansutuu:u unifmin��urity in�trumc�u cuvcring rwl prop�:ny.
<br /> �`�;:;�,k UNIFORM COVENAN'f5. Barrower und l.ende�covenanl and ugmc as foliuws:
<br /> ���.•�;�•. ' �C � a•• Prepayment and Late Chargeb. Borrowe�tihull promptly pay when duc thc
<br /> _ ti 1. Paymenl ot Princtpal and Interest;
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<br /> _�:�,:;.?::• principal of and intcrest on�hc cicbt cvidenced by the Nac tind uny prepayment And lote charges due under thc Notc.
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<br /> � '� 2. Funds tor'ILxeg w�d lnsurance. Subject�o Applicublc law ar to o wrinen waiver by Lender,BoROwer ghill puy�o
<br /> :t , .` ,� : Lender on the day momhly paymentti urc duc under thc Notc, umil�hc Note is paid in full,a sum ("Funds")For,lu) ycarly
<br /> � '� � � � ' taaes and agsessments which muy uttnin priorily over t6ig Security lnstrument as u lien�n 1hc Propeny:lb1 ycnrly leusehold _
<br /> �� •' � � , paymen4g or grouna rents on the Propeny, if any; Icl yeutly ha►�.ord or propeny insuraacc premiums; ld1 yr�rly Iload �
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<br /> _ -- �; u a.qr insurance premiums. ii uny; (e) yeurly mortgoge insuronce prcmiumti, if any; und It) any sum.r• p�yablc by artower to
<br /> h ,;,y L.ender.fn accordance with the provisions of parngroph S.in lieu oi the paymant of mortgage in+urance premwmc. These
<br /> ° ,..•. .._,.,u,.� itema sue called"Escrow Items.' Lemier m�y,at any[ime�collect and hold Funds in an umount not to ezceed the muximum
<br /> ' amount a lender for a federulty �elAted mongage loan may require far Bomower's escrow account uneler the federal Real �,_
<br /> -- '- r��b„ :� �-' ' Estae Setdement Procedures Act of 1974 us wnsnded from iime io �ime. 12 U.S.C.;2601 c�sey.("RESPA").unlcss anwher
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<br /> ---- � - � i ., ,�3;r��, � law that applies to the Funda isets n lesser amount. li sa,Lender may,at nny time,collect und hold Funds in an amount not to a;___-
<br /> �^'A�"'�"'"'`���� '� � eaceecl ti� les�rr amount. Lender may estimate the amount of Punds due on �he Musis of current daw and reasvnabk _ _ _
<br /> � • � ��• estimates of expenditures of future Escrow Items or dherwise in accardance wi�h applicable law. _
<br /> ' ` o '��� ,; 'tlie Fundx shall be held in an institutian whosc deposits are iosured by a fedeml ugency, ins�umentality,ar entiiy
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<br />- , (including l.ender,if Lendcr is such an imtiwtion)or in uay Federal Home I.oan Bank. Lender shuU apply the FunJs to pay _
<br /> �,�.; �. . :• the Bscrow Item�. l.ender muy not charge Borrower for holding and upplying �he Funds,annuully unalyzing �he �xrow - °
<br /> �•����� uccount, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds nnd opplicable law permitx -_-_-__
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<br /> ' .,* Lender to make such a charge. However,Lender may n:quire BoROwer ta pay a ane-�ime chiuge for an inclependr.nt real �wP� _
<br /> • � � estate lux reponing serviee used by Lender in cannection with this loan.unless applwable law provides otherwise. Unlesti an ___
<br /> =� .� '�•.,,�:� , : agreement is made or applicable law rcyui�eti interest to be paid,Lender shall not he teyuired to pay 8orrower nny intercst or ��--
<br /> - ' � -�+ ��� enrningR on the fvnds, Borrower und L.ender muy ugrec in writing,however,thal interest shall be paid on the Funds, Lcnder
<br /> '�'��' � shull give to Borrower,without churge,un Annual accaunting of�he Funds,s howing c r e dits und debits to the Fundc and the
<br /> `� purpose for which each debi�to the Fundti wns m�de. The Funds am pledged as addidanal.security for all sums ucured by
<br /> �� � this Security Instrumem.
<br /> - -- If the Funda held by Lender eaceed tiie amounfn �n�ittc�i ta t� hcid by applicabla lau. l.etsder slta!! ptrnuns Io =-
<br /> � • ' Borrower far the excess Funds in uccordunce with�he requiremenls of upplicubk law. If the umoum of the Funds held by �_--_-
<br /> . • Lender at ony time is not sufticient to pvy the Escrow Item+ when due,Lender may w notify Bornower in writing, snd.in !,____-
<br /> �,. � " • such cusc Bormwer shall pay to I.ende� �he amount necesswy ta make up the deficiency. Borrower shall mak�.up Ihe __
<br /> � ''"� :;: deficlency in no more than twelva momhly puymems,:�t L.enderk sole discretion. ____
<br /> '' ;,,:.', � Up�n payment in full of all sums ticcured by�his Security Imlrument,Lender shall promptly mfund to Bortower any �__
<br /> � :. Funda held by L.ender. If,under purn�raph ?I,Lendcr+hall acyuire or sell the Propeny.Lender,prior to the acyui+ition ur ��a:_;'�-
<br /> • ' sale of the Property,shall apply any Funds; held by Lender at thc iime of:uyuisition or sale as a credit ugainst�he sums =-
<br /> �' secured by this Security Insuument. � ''`°
<br /> � � 3. ApplicAtiou of Rnyments. Unless applicubla law provides othervvise, ull payments received by Lender under ;• ' � �~
<br /> � u ' parugraphs I and 2 shnll be upplied: firs�,to any prep:+ymenl char�es due under thc Note;sccond,to amounts paynble under !_;-�.-
<br /> • � . paragraph«;third.to intcr+cst duc;fourth.�n principal dus:und last.to any late churges due under�he Note.
<br /> 4. Charges; Liena. Borrower shull pay all tanes, as�essmeniti, ch:uges, fines and imposirions uccribuwble to the �`���'l'��'�
<br /> ., property which mAy attam prioriry over thiw.Securily,ln.trument,and leu.+ehold payments or ground rents,if any. Borrower `--;,s=_
<br /> �, shall pay�hese obligutions in th�mAnner pruvidod in pu:,gr+�ph 2, or if nat puid in thvt manner.Bortower sh�ll pay them on
<br /> • • time direcdy�o the person owed paymenl. Borr��wer�h•rll promp�ly(urnish to Lender all natice,af amaunts to be paid under a,.,-�,_�:,
<br /> ''�'"� this paragraph. IP Bmrawer muke► theFr payments directly,Borrower shall prompdy furnish to Lender receipts evidencing - _ a
<br /> , : ..,'Y,,..% •. the puyments. �s.- -
<br />-;� • Borrower shall promplly dischar�e any lien which hUS priority uver thiti Security In�trument unless Borrower.(a)agn�es .�--
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<br /> � , in writing to the payment��f the obligution secured by the lien in a munner accepuwble to Lender,(b)contests in goad fai�h the ��. --
<br /> - �� . lien by,or defends Against enforcement uf the iicn in, Iegal prcxeedings which in thr Lender�opinion operale lo prevent the ,�.��.
<br /> enforcement of the lien;or(c)secures from the hulder of the lien an agrecment satisfactory to Lender+ubordinating the lien t ."'-
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<br /> to this Security Inswmenl, If(.ender determines that any paa uf�he Property is,ubjeci tu u lien whirh may attain priority �-��_
<br /> ' •,�'•'�;' uver this 5ecurity Instrumen4�.endcr muy give Bortower a rx�tice identifying thc licn. Burrowcr shull s�tisfy the lien or take �'=;;
<br />`�.� � ' •'? '1"�' .' one or more of the aclionti set fonh above within l0 dayx of the giv ing of notice. �
<br /> , �� S. Hazard or Property Insurvnce. Borrower xh•rll kcep the impn�vements n�w rxisting or hereafter erected on the �r. ,
<br /> �� � .. F'ropeny insured aFuinst loss by fin�,liuturd�includcd�vithin tlx tcmi"rxtrndcd ru�rragc"an�;my uthcr hazards,including `
<br /> � floods or flooding, for which Lender requircs in�urance. This insurance shall tie maintuineJ in the nmounts uncl for �he o
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