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<br /> � .�t��;�;�;Y�'" TO[iEfNBR W1TH all Iho improvcment�now or herwfter erected on the Prope�ty,c+nd all eas�anaua,oppururwncec.and
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<br /> ' .��;�-9•,��E�y;>'� Bxwrcs now on c�rcaRc� u pwt oP �hc prapeny. All �cplaccments and additiana sh�ll �Iso bc covered by �his Security
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<br /> —'='``�'`°'•=••�-=° `" Ip�trumcnt. All of 1hc furc�oinQ is rcfcrnxi�o in thia Sccurity Instrumcnt as thc"Propeny."
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<br /> °�� BORRUW�R COVENANTS Ihat Burrawcr ig lawfully scisaf uf Ihc cslutc Frescby cunveycil and ho4�hc�ight lo gr�nt and _
<br /> J- �'°^•` convey the Pr�►eAy end that thc Pn�Ay ix ue�ncumbcr�. cxcept for encumbranecs of rccord. �irrowcr warrants und will
<br /> � . ``�' ; defend gcncrally thc tillc to thc Proper9y oguinst all claims wKl demands. �ubjcYt to any cncumbrancrx c�f record. - .
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<br /> ; '^�,,,,,;,::::,t.� ; THIS SECURITY INSTRUMEN'f rumbines unifoon cavenunts far rwtional use unJ oon-uniform covenentr with I�mlted
<br /> va�i�tions by juriyJictiun to conuitutc u unifurm Fccurity instrument cuvcring rc,�l prapcAy. c � �
<br /> � ° `�' ' � " UNIFORM COVF.NANTS. &►truwcr and l.codcr cuvenant ond ugrcc as follows:
<br /> �'.�,�}�"-z°S'"t�"'"r.. • I. Payment of Princlpal wnd Inlere�ch Prepaymeat nnd I.ate Clwrges. Borruwer shall p�amp�ly paY when due Ihe `
<br /> _•��".:" '.�, .'� M1 rin�;i al af and imerest on the debt evidenced by the Nate and any prcpayment und late charges due under�he Nc�te.
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<br /> ,,�,,._�'�K�,;�,. ' 2. Fuade fnr Twce�►and I�urana. Subject to applicable law or ta u written waiver by LenJer. Borrower sFwll pay to
<br /> ---•_ --�' � • ' •• " [.ender on thc day manthly payments Are due under the Notc.until the Note is paid in full,a sum�"Funds`) for: (a)yearly uues _
<br /> ``� and assessments which ma atwin riorit ovcr thia Securi Instnimcnt as a lien on thc Pro rt Ib)yead Icaschold mcnts =
<br /> Y P Y �!' P� Y� Y PaY
<br />-;�� . • or ground rents uo the Property,if any;(c)y�rly hazarcl or prapeny insuranc�:premiums:ld►ywrly fkxxl in�ursux:r premiums. �� -- -
<br />�::;•���, ` � ' �� - if any: (cl ycarly martgage insurance premiums, if ony; and(�any sums p�ynble by Borcower to L.ender. in accorclance with :
<br /> - �' t h e pro vi s i u n s o f p a r a g r a p h 8, i n l i e u o f t h e p a y m e n t o f m o r t g a g e i n s u r u o c e p r e m i u m s. T h e s e i t e m s a r e c a l l�l "�s c ro w I t e m s.`
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<br /> � Lender may. ut any timc,callcet and hald Funds in un amount not to exccod thc mnximum amau�t a Icndcr for a fodcrolly
<br /> ���.�' related mortgagc loan mAy rcquirc for Borruwer's escrow nccount under thc fcderal Real Estatc Setdemcnt Proa�ures Act of �:.._
<br /> ;•�.t , � , 1974 ns amcndod from time to timc, 12 U.S.C. Scction 2601 er sey. ('R�SPA"),unlers annthcr law that applies to thc Funds
<br />:'7' o " .-•-1 ?�- =- set�a lesser amount. If so, Lender may.et any time. collect and holJ Funds in an umount not to exceed the lesser amount.
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<br /> • l.ender may estinwte the artwunt of Funds due on the basis of current data and ncawnable estimates of expenditures of fuwre _ _
<br />_ '.. °' Escrow Items or otherwise in accordaace with applicable law. �;;
<br /> ' " � The Funds shall t�e held in un institution whosc de{wsits arc insured Dy a fcdcral agency, instrumcnwlity, ar entity
<br /> . ' • (including l.ender,if I.cnde�is such an in�tiWtion)ar in any Federal Homc Loan H�nk. Lcndcr shall apply thc Funds to pay the ��--_
<br /> . '°� Escrow Items. l.ender may not charge Borrower for holding and applying the Funds,nnnuatly analyzing the escrow uccount,or =i
<br /> • verifying the Escrow Itcros,unless I.ender puys Borrowar intercst on the Funds and applicublc Iaw permits I,endcr to�twkc such t��'�``v
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