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<br /> . TOOETHER WITN�II the improvemcntc nnw or her�cafter�roctod on the propcny.wnd�II c�rnents,RppurtenAncea,And
<br /> � •'�"''�°�'';'' .:,�• fixtures now or hercafter e psiA af thc propeny. All rcplocement� and Additionx shall �Ico be eoverod by thii Sccurky
<br /> c�. �!� ' Inst�ument.All uf thc fare c►in is rcfeRal la in�hix Securi� lnat�ument�x tho'Pm rt "
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<br /> „+��'�• _�• -� - BORROWER COVBNANTS thut &�nawer i� lawfully sci�l of�hc cxtutc hcrcby canvcyed wKl h�.K tha dght�o grant and
<br /> �y�,�,r.,•�-•" convey the Prapehy and thul the Pmpetty is unencumbered,except ior encumbrunce. of nxord. Bcirmwer warram�and will �_ ��
<br /> - - _ _- •� • detend generully the tide�n the Prupeny ogainst aU rloims and demancis. .uhject a�uny encumbran�cs of raord. -•- -
<br /> '� •• •�`" �" �• � THI5 SECURITY INSTRUMBNT cumbines uniform envenunts for �etfonal uee und non-uniform covenantc with (imital
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<br /> ': ' I_; - � „ .,,...`, varialii�m by ju�ir�iiction�o conr�itwc a unifnrtn sccurity instrumcnt cavcring rcal propchy.
<br /> r.�;::��� �°• �� • UNIFQRM COVENANTS.Rurrowcr und Lcndcr covennnt and agrec a.s fallnws: � —�
<br /> ' "� ' �, l. Pnyment of PrinclpAl pnd IntereRl; Preps�yment and Late Clui��.w. Barrowcr shull promptly pay whcn duo the -
<br /> '� � ' princip•rl of nnd interest on the debt evidenced by the Note and any prepuyment nnd lute churges due under tl�e Note.
<br /> ;� � . �. • 2. Funda for Taxc4 And Insurance. Subjecl ta applicable luw ar ta a w�fuen waiver Dy Lender. Rorrower shail paK to
<br />- ,}:? Lender an thc duy monthly puyments u�c duc undcr the Notc,until thc Note is pakl in iull,a sum('Fands")Por:(a►yearly tuxes
<br /> and ussessments which may altain priorily over�his Securiry Instrument av a lien on the F'�upen�r:(b) yeurly Ie�eh�ld payments
<br /> .. � ' • ' or ground cc�t.vn the Propeny.if any:(c)Yearly haun+d or properiy insurancc pmmium�:(dl ycarly tl�xxi inu�runcc premiums.
<br /> �"` ' �� .•.. if�ny:(e)ye�ul} rnoKgage iesur�rr��e premiums,if any; und(t)any sum� payablr. My&mowe�ta i_cnder,in nccordance a7th
<br /> . ' . . the peovisi.ms oP;paru�raph B,in liv.•u af�he puyment of mongage insurance premiums. The.tie itrm+um u�lled"Escrow (temx."
<br />` Lender may, al any iime, collect aMi h�ild Funds in an Amount not to exceed Ihc maximum amount u lender for u foderully - --
<br /> �`� , ' �.�� �• crlated mongs�ge loun may �equire far itorrower'x escrow account undcr thc fedcral Reul Eswte Scttkment Arocedures Act of ==_- ----T
<br />"'' • `� '' ' 1974 as am�nded from time to time, 12 U.S.C.Sectian 2601 cr se . ("RESPA"), unless anWher law�hat lies to the Funds �•�
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<br /> „ _-�;,�.; ; sets a lasser amount. If so, Lender may, �t�ny time, collect sind hold Funds in an amouce!s�t to excced the Iesser amounr.. 3i;�° ��=`A'-_
<br /> • �• ' ` �� I.ender may estimate the amoum of Punds due on the basis of curnent data aiul crzsa�wbje r�irn�ues of expenditures of fuuure ''•�"'�
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<br />; • ', ;' ;'i:;;.'ti�i,.,,::�` F.scrow Items or otherwisc in accordance N-ith appticable law. ;,„ ,. �;Y•:""�
<br /> �',,,�:�,,�,:.::,:,• The Funds shall be held in an institution whose deposits are insur+:d by a tcderal agency, ins�2rumentality, or entity ;'.•-:�'.� ;�.,,y
<br />� . ' �:�'�1 ���;�',}. (including I.ender. if L.ender is such un instiw�ion1 or in any Federal Homc Laan 8artk. i.cndcr shall apply the Funds ta pay thc `"�^�°°-y-1-
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<br /> '� ', '��;i�'•�"�1:.,.� Bscrow Items. Lender ma not char � 8orrowcr for holdin and a I m the Funds,annuall anal x�n the escrow uccouM,or ;" •'.;; a"' �
<br /> • �,.::��l�,'...,',�:-r�'r,;�;��•.,- Y �' S PPY B Y Y � •,.�.�:�.'�-":�
<br /> • :��;:'�' vcrif m the Escraw Items,unless Lender a 4&►rrowcr interest on thc Funds and a licablc Is�w rmits I.endcr to mukc such • �:"'i r.>:___
<br /> .. � i•. Y� � P Y• PP� P� ,,�,,.
<br /> °��"::�'�',: a charge. Huwever,Lender may require Borcower to pay a one-time charge for an independent resil estate tax rcpurting service ,-• ?, "�':;°��_
<br /> '" used by l.ender in connectiun with this loan, unlcss applicwble luw provides othcrwisc. Unless �n agrcemcnt is made ar � �'��.'�
<br />� applicable law requires in�erest to be paid, I.endcr shull nut bc requircd to pay Borrowcr any intcrest or carnings on the Funds. :.���� —
<br /> &►rrower and I.ender may agrec in writing,however,�hnt intercst shall be paid on the Funds. Lendcr shall give to BoROwcr, � ��
<br />- - ,;`5,;: withaut charge, :c:z anszus! sccounting of tlte Fands, shoevin;cr�slits and debits tn thc Furid�t111d tF+�c�+nr(mce for which�ach _._ • •�`�s��
<br /> � ���:` debit to the Funds wns made.The Funds ure pledged us additionpl socurity for all sums secured by this Securi�y Instrument. �°'���•� �, , •�
<br /> . ��"�".� If the Funds hcld by l.endcr exceed thc amounts permittcd to bc held by applicablc Inw,Lcnder shall account to Borrower � � -
<br />, ' � far the excess Funds in accordonce with the reyuirrments of applicable Inw. If Ihe amount of Ihe FundK held by L.ender at any �:; ' �
<br /> , �;,��° time is not sufPcicnt to pay thc Escmw Itcros when duc,L.eader may sa notify Burrower in writing,und, in such cua:Borrowcr ` �
<br /> • shull pay to L.ender the omuunt neces5ury to make up the deficiency. Borrower shall make up the deficiency in no more thun �. .�!�,��
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<br /> � twelve monthly payments, at l.endcr's sole discrction. ''��'°','"•"�''
<br /> , Upan puyment in full of all sums s�ural by this Sccuriry lnstrument, l.cnder shnll promptly refund to Borrower �ny . ,,
<br /> Funds held by I.endcr. If,undcr purograph 31, l.cndcr shaU ncquirc or scll thc Property, l.ender,prior tu the acquisitiun or salc � ' `'•"'��`�'�-
<br /> of the Pro rt shall n I an Funds hcld h Lcndcr at Ihc timc of uc uisition or xalc as u crcdit a einst Ihe sums scrurccl b ��Y� '
<br /> Pe Y�• PPY ' Y Y uq B y � � _, .�"`
<br /> •,:�� this Sccurity Instrumcnt. ' , ---
<br /> ' �`�'�'` 3.A lication of Pa men4c. Unless a licable law rovides otherwix,all a mcnts received b l.�:nder under ar:� ra s . ,. � �"'=�-
<br /> � PP Y PP p P Y y p R Ph v
<br /> ' 1 and 2 shall be a licd: first, to an rc a mcm rhar es duc undcr thc Not�; scrond, to amoums a nble under aro r� h 2; ' `� -
<br /> � �`•�� PP Y P P Y R P Y P g P .,.`',`-: -
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<br /> .,, third,to interest due; founh,to principal duc; und last, to any lu�c charseti dur under the Nate. !4 ' �'�Lv�;��
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<br /> � 4, �� rg Llens. Borrowcr shull puy ull wxcs,uxzcrsmcnts, chnrges, �ne� +�nd impoxilion►s�tlribulablc to Ihe Property j� ,
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<br /> ; :.r which may attain priority ovcr this Sccurity Inurumcnt, a�xl Icaschold paymcnts or Eround rents,if ony.Borrowcr shall puy i ,::• r ,_,.���V.
<br /> �'.;+°' thesc obli ations in thc manncr r�wideJ in �rs► r,� h 2.��r if not aid in thut manncr,Burrowcr shall a thcm on timc dirccd '�'
<br /> • B p P' 6 P P" p Y Y '..�;t,�:..�..-
<br /> ,. ',�� ;�. P� P Y P P Y pa P R Ph• , '.,r�.r:'__
<br /> to the rson uwcd a ment. &�rciiwer sh�ll r��m tl I'urnish tn Lendcr all no�icex uf am�wnts tu lu id under this ut-a ru � ,�����• •_____.._
<br /> If Borrowcr mukcs�hc,c paymcnts directly,B�xrowcr,hull promptly furni.h tu l.andrr rcccipts cviJcncing thc paynxnts. � �•r�.�`u�
<br /> _ �. ��.Sy�------_
<br /> � " Borrower shAll pmmptly Jiuharge any licn which hus priixity ovcr this Scrurity In+trunxnl unless&�ROwcr: (u)agRes in i , • -�-�.�
<br /> writing t�thc paymcnt of thr obligatic�n xrurcd by thc licn in u rnanncr arccpt:�blr tu I.cnJcr:lh�a�nawtx in ga�d faith thc licn ! � '�'�,��•�`�'^
<br /> ' :;:. by, or dcPends ugainst enti►rccm�:nt �if thc li�n in. Icgul pnxceJing� which in tik l�ndcr's upinion operatc t�i prevent the .�;, ;
<br /> - enforccmcnt of�hc licn:or(c1 ucurcx frorn Ihc hoWcr ol'thc licn •rn ugr�emcm wti.farairy ta IAnJ�r subardinuting the lien to •
<br /> . '+ � . � titis Security Instrumrnt. 11'l.rndcr detem�inc.►hat any pan ol'thr Pm�xny i+.uhjrrt to u lien whirh muy auuin priority uver .
<br /> .. this Sa:urity In��runxn�. L.cndcr m�y �ivr Bnrrnw�r a nuiicc idcntilyin� �hc lirn. H��rzu��rr sh:�ll wti.lp thu Jicn ur�ak�un�or ;
<br /> ;" . �;.c'' , mor�c of the actiuns set furth atxrvc within Iq days uf thc givinE ol'n�wicc.
<br /> Form 3028 9i9O
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<br /> � ' 'MC;3019•NE/2
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