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<br /> TOGETHER WiTH �li the improvemeaus now or h�u crectad ouu the pn�xrty,u�x1�fl c:+�nk'uy.+►�i:�ri'"'`r'. '��W —
<br /> fixtunx now ar hercafter a p�ct of th� pcoperty. All rcpls�cenxnts �t odditians sF►�11 ulsa bc ��uver�xl by thlv 4c:u�-ity
<br /> intttumcnt.All of the forcgoing is rcferr�d ta in this Secudty Initnunent u the 'Properiy.'
<br /> BORRQWrst CO��NAyTS thac Borroa�er is Iawfully seised af tne a+tatr i�traisy�uan�•ey:;f a:.:1 h::si ttec ri�h.t t.� y�u+t a+xl _.
<br /> canvzy ti� rropz.Ky nnd that tl�r Propc-�tY ic u�ncun�xs�. eacucpt fnr acrcuiabraticra c,f'recard. Barro�.•cr wLR,�u� ,M.t will .
<br /> defaxi generally the title to ttsr Property ag�insc�!!claims anc!den�ids,wbjtrt ta anp encumbrw�ces oF rerunf
<br /> THIS SECURi'I'Y 3NSTRLM�IVT wmhines unifo►m covenxr►ts fa��tiraal use�ncl noa•uuifumi coverr+mts wy:*�lin�ited
<br /> vyriatio;�c by juriuiic:ion to constitute a uniform wcurity instrumetu mverin,g re:+f pro�rty.
<br /> UNIF4RM COVENANTS. Borrower and I.ex�cler covet�u vid a8n�.as follows: w��� �
<br /> l. F9ayment af P��ioclpal aad intecest; PrePoYauat and Late Clasr�es. Barrow•er shall prom�C1Y PaY
<br /> principil of and interese on the dr'bt ev'idetrced by the Note u�d u�y prepaypereac a,sk1�«»�ch�r�es due under the N��tt.
<br /> 2.Ftinds[ot Tsuces wd i�bes. S�+bject to applicable law oc to a w-ritun w�aivu oy undu. Borrowe�s1�11�+Y to
<br /> Lender on the day mo:uhlY PaYments un::iue under tho Note.untii the Not�is paid in fuU.a wm("Funds')for: (a)Yca�lY Er:xes
<br /> and sssasments which may sttain�irinctCy over this Sxurity Instrument u a lieu oa the Prope.�;t�)yearly leasehoid payrcknts
<br /> or g�rau�d raxs oa the Pcaperty. �'uuy (c)Yearly hazard or propertY inc�uance pn.miums:(d)}��y float iwsuramce pctmi;uma,
<br /> if aay:(C)Year�Y matSaBe ituur�nce prar:iurt�, if any; an�l (� xny sums AzS�SibIQ by BOTT0�1':i w Lendcr. in accordance with
<br /> tbe provisions of pnragraph 8.in liw of the payme�u of uwrtgage iusuraa�.e prcmiwns.These items ue callod 'Fscrow Ittan�.'
<br /> I.�atider may, at any tLne,oollect u�d hold Funds in an �noune mt to wccced the mticimum amount a lender foc a frd�'raUy
<br /> nlace,d n�ortgsge loan may requir�for Borrower's escrow accoecNt uader the foderal Real Est�ce Settl�nr�u Pra�rs A�ct of
<br /> 1974 as ama•ded from time to time. 12 U.S.C. Section 2601 et s�q. ('RBSPA"),unless another►aw tt�at ap�rL+es t�' cbe�=u�ds
<br /> sets a ksser amoanc. If so. l.er�der may,at any time. caliect�ai bold Fuads in su a�i�ouiu cwt to exceed t��x las�r�ma�um.
<br /> Lender ms�estim�te the amount of F�ds due on the bas9s of cacrecu d�ca end re�sonable es�im�tes of expcnditures oY futurc
<br /> Escrow Itea�s or otherwise in x�rorda�with apQlicable law. i�ty��;�y. a ct�,'uit
<br /> The Funds shall be!,e�e[d in a,^. s..-�tiwtion wiwse deposits sae iuwred by a faleral s�ency, Y
<br /> (includiog Laxkr,if I�sli:ys i,such aa institution)or in aay Federat Home lasua 8u�c.Letdtr shall apply tbe Fu�cls ta�y t6e
<br /> Escmw items.I.e�la c�±�ot ctiu�e Borrowa for hokiing and applYi4g tL��tcm�.annually analyLnB t2k escrow acoau�si,or
<br /> vaifyiag tLo Fscrow It�eau.unless I.t�3er paYs Borrowu iatacst on the Fua.:��v,9�pplicable law pemiits A.esrrkr W tnsW�:wch
<br /> a char�e. F�c�+evu.La�der m�y requuc�e Borruwu.:a pay a oae-cia�c�uge fac aa.i�resl estue tax re�pocting e+e�iee
<br /> used b5' �er ia 000aatioa with t�sis loan. ualas applicablt !aw proric�es othe�isr. �'aless sn �gc�nm�t i� a�uire or
<br /> mpplic�ble en�>>a�ui�s inresr.0 to be paia.l.�des sha1��,�,c 1„em�i�+ea so mN�ot�owu aay i�tuest or�air�[;�o�a cmc i�ta�s. .
<br /> Borrower�a�fi Irnder ma}agroe ia wtiiting.however, tI»t in�sTs�:l ix p��the Fuads. L�es�des s}ss�1L give t,a B�sosr►�er.
<br /> witbout�. an anota�l aocouotin��d�e Fuatlt,sbowing � A� �d dtb�-��.ta tht!�'sAti,e�sd the putpose ior wi�a�i c+�
<br /> debit w the Funds wu mtle.The Fu�ci�nre plodged as�dditional seaurity fos a�l wms sa.�urod by this Security Iaunamau.
<br /> IF the Funds hoW by Lender exctai the amou�us permittod co be held Ep s�plicabk law.L�der sh�ll accouoc to Boosower
<br /> f����F�ta�ocdanoe witb tbe requirema�ts of apQlicable law. If the aawuat of the Fuads ddd by 1.eada at mY
<br /> ._ _. .:«���..,e d�ttF'�rirnt tn Q.y the Ficrow Lemc when duC.Landrr e�y so ootify Borrowa in writin�.aod.iq sucb case Bwrower _
<br /> shaij pay to t.eadrx 1be 9awuot r�ac�szary to makt up the dr�iseency. &rrovKCr E1�a11 maYe iiQ tiie deti�C�ia no�mc�iav--
<br /> twdvt a�oathlY P�Ymeats,at Leador's sok disctetion.
<br /> UP�PoYmmt ia tull of �fl wttu sopu�od by tbis Sauriry Instmment. I.cndu sh�ll promptly t�efuod W Boerow� tay
<br /> Funds bdd bY l,.ader.if,undrr pat�rapd 21.Leader slwlt�oquire or uil thc Propaty.l.eackr.ptior to tLe aoquisitioat+e rrle
<br /> of tbo?mperty.sbal!spply�sy Fuads heid by I.oader at the time of acquisitwn or sak as a erodit�gaioct tbe wma aattu'ed bY
<br /> this So�ity 1n�urornt-
<br /> 3.AppikatM�ot Pay�e�tt.Udas�plicabk taw provides othenvise,all pa}m�ats teoeivod by[.ender und�er pac�'�pi►s
<br /> 1 am z sLaU be�p�pi�ea:r�st. t�aar preparme�c cha��es aue �°det'the Ivoca: secona.co aa�owotc p�.r�bl�uada pmr�apb z:
<br /> thi�d.w intetrst due:fattth.to priacipal due:and l�ct.to any late dtisu;es due uader tbc Ndo.
<br /> �.Ci��e+:Ijeas.Bomowa chall pay ail taxes.assessu�eats. ch�r8es. fioes aod impositioa�atuibutabl�w the P�opatY ,
<br /> whicm m�y attaia p�ority over tbis Saurity Instrument.aod laadtiol0 paY�or grouad raocs,if aay. BarowNr�11 pay
<br /> tbese aWi,Eatione ia th�m�tmec provided ia patagraph 2,or if not p�id'ue th�e nntoner.Boriowa siWl pay them ott t�e�y
<br /> w tbe peisoo otved paymecrt.Boaower sl�aU promptlY fumish W l.eader all notices of�nouots w be paid uoder ti�t paaa�s�.
<br /> If HormwKr malcea tlrcse psyments dit+ectly.Bor[�owu s�Wl poomptlY furoish to Lader teoeipts evidaicicg the PoY��-
<br /> So�m�wer sL�ll P�Y�8��Y lim which tus priairy over tbis Security I�uuma�t ualas Barowa: <a)QB��
<br /> writiog to tbe paymeot of the obiigation savned by tbe lien in a manm xoe{�'bk to Leader:(b)oa�ts in good faid�tLe lieo
<br /> by. or defeads s�aiiuc a�oroema�t af the liea in. kgal P�'oceodings„+4ich in the I.eoder's oQinion opente w pocveat the
<br /> eaforoaneat of We lia�:or(c) sowrrs from the M{du of the lien an�rament satisf�ciorY to i.eada s�+oo�i�,8 tLe iien co
<br /> tbis Soewity lnctrumaat.lf I.erder determines that aay pac�of t6�Propesty �wbjea w a lien which may�Ltain prioeity ova
<br /> this Soauity Ioswmayt,La�der may give Ban+ower a notia identifS'ioB t4e�.Barowa siWl s�tisfY tlic liea or Woe ooe or
<br /> mone of tbe�ctioos sa fa�above wis�ie 10 el�rs of the g�vieg of nodce. .
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