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<br /> TOCiIiT}IER WITH ull the improvements now orhereafter crectcrl on the propeny,and n11 cnsemcnts,it�p�c�nces,nn�l
<br /> (ixtures nu�v or itc�wuQcr n p:�et nf the pro��2ny. All rciilnc:cments nnd c:ddidnns shall nle� he covePCd I�y tiiiy �r.ct�rlly
<br /> InstEUment. Ail�f!hc foregoing is rcf'errcd to in tl►is S�cnrliy instnunent as the"Property."
<br /> HORROWER CUV�IVANTS that Borrower is lawfully e,tised of Uie estate I�ereby canvoyesi npd hns the right co gruni And
<br /> canvey tfit Property a��d that the Property is uneiicumbered, except for crtcumbrances af rr,cord, I3cu•sower warrants nnd wil!
<br /> defend gcnernlly the title ta�he Prop�rty agairtst ail�claim::nnd demanJ9,subject to any cncumhran�os c,t record.
<br /> THIS SECURITY INSTRUMENT combines uniform covcnnnts for national use:►»d non•unifm'ru covc�iunts with limitod
<br /> varlutiouY 6y jurisciictiun to cons[iw¢�a unifo;:�i sec.;�riry instrumenl covering reul pro�etty.
<br /> UNIFORrd CUVENANTS.Borrower and Lcnd�ercc�venant and agree as follo�vs:
<br /> l. Payment of Prf�tcipA! and [nteresf; Prepayment and Late Charges. Borrower shnll pr�mptiy pay when duc the
<br /> principal of and interest on the debt evIdencrxl by the Note snd any prepayment and late chnr6es dua undnr the Note.
<br /> 2. Fe�nds tor Taxes amd Insuranee.. Subject tu applicAble !uw ar to u written waiver by� Lendar,Bonower si�all pay to
<br /> Leixlc;r on the day mar.thly paynnerats are due undcr t!nNote,until the Note is paid in fiill,a sum("F�ndn")for:(u)yearly taxes
<br /> u�icl assess�nents wiiici� uray at¢ain px-lo�'(t�,�'over this Security Instrument 1s a licn on thc Prap�riy;(qj yearly leasehold paytt�nts
<br /> o.r groun�i rents on th�.Ptoperly,lf ttny;(c)ye�sly I�azard or property insurance premiums:(d)�eFU'1y flnnd insurance prcmiums,
<br /> if any;.(e)yearly tt�ortgage 1n5urance premiums,If any; and (� uny sums payable by Borrower to Lendar, in,accardance with
<br /> the prov[siqns of pvngraph 8, iqiicu of thc puymentof mortgage insurtuzcc premiums.These iteme�am ca11�1d i"l:�c:row Ttems."
<br /> [.ender may, at any time, callect and iiald Funds in an am4unt not to exceed the maximum amaunt a IEmdar Por a federally
<br /> relate� mortgage laan may �eyuire for Bor.�uwer's escrow account unrler the federal Real Estnte Sr,td��ntant Procodures Act of
<br /> 1974 a.g amendod from time to dme. l2 U.S.C.Section 26Q1 et scy. ("R�SPA").unlcss another luw tltnt applies to t!u Funds
<br /> xete a Icsser xtnount. if su. Lender may, at any tirne,callect �ixl i�old Fwds in an umount nnt to ex�;eed the fcwser amaunt.
<br /> I.en�icr�tiuy estirnate tAe sn�unt of Funds duc on the baslH�P curnnt dats urxl reasonable estlmutcN of cxpendituro.r nf fwurc
<br /> F?sc;mw Itcros or c�lherwise in ciccordance with applicuble luw.
<br /> 7hc �utxis Fhkl! be held in un Institution wh�cC de�xnitx urc insurKl by u fecicrul agcnsy� �Ilhll'l�O1CR4YIIty, or enNty
<br /> (iixludiny I.�tulcr.if I.eixicr Iw ruch wn institudon)��r In uny 1'e�erul Hw»c l.�an Hank. l.end��r Fi�nll upply�hr FurxlK to pa}r�he
<br /> N,rcr�►�Itenw.l.ender ttuy not chxrge Borrower fur holding u�xi applying IfK I�utxly,unnuully anply�tng lltn e�;cruw�ccount,or
<br /> verifylnY the P.scmw Ittms,unleRy l.crxler p�ys E3�ruawe��ntcrest on U�c�u�x�v A�xf opplic�ble li�w porrnitn d�erxler ro myke�uch
<br /> x cherae, Huwevor,l.cnder may reguir�i3�rrower so pay a usrr.-time charge fnr an indepenclent real est�itr. tax repc►rting service
<br /> u�od by Lerxler in connesdon with this loun, ur�la� epplfcnblc law provides otherwiso. UIl�CFS an agrsement Is irwde or
<br /> appUc�ble law requires interest to be p�id,Le�xicr shdl rxot be nquirod Ya pay Bonawer any inte:rest or enmings an tl�c Fundu,
<br /> Bormwer and Lcrxler m4y agree in writing,howcver,that incsrest sl�al!be p,3id on the Futxls. L.endur shnll Sive to Borrowcr,
<br /> wlthout churge, an�rnuil accounting of the runds,showin�cralits aM devtts to the runds anci tna pur�mse iur wivch eaai�
<br /> debit to the Funds was madc.The Funds are p(edgec!as udditional sccurity far all sums securcd by thi�Sccuriry Inrtr+ument.
<br /> If the Funds held by Lcnder ex�;eed the amounts permitted to bc hcld by applicable Isw,Lender shnll aGCOUnE ta+Borrower
<br /> for the excess Funds in accordan�with the r�quir���xnes of applic�ble law. If the amount of tha Funds hald by Lender at any
<br /> tima is not sufficient to pay the Escrow ItEms when due, Lendcr may so notify Borrower in wdting,and,itl such case Bormwer
<br /> shalJ pay ta Lencler the anwunt naxssary to make up the dcfictency. Bonowcr shall make up tha doficir.ncy in no more than
<br /> twelve monthly payme�us. at Le�er's sole discretion.
<br /> Upon payment.in full of aU sums secured by�hfs Su:urity Insuuznent, Ixnder shall promptly refund to Borrowa any
<br /> � FuMs held by Lender:If, under paragraph 2l,I.ender shall acquire or sel!the,�roperty,Le�xler, prior ta the acquisition or sxle
<br /> of the Property. sh�lF apply any F�tsds hcic�by Lender nt the time of ucqufs6uon or snle as a credit ugainet tho suma secured by
<br /> this Security Instrument. '
<br /> 3,elpplkAt'ki�►oi Payments:`Unless;�plicable law pravides othcnvise,ull paytnents received by i�ender un�'.�r paragraphs
<br /> , 1 wx12 shall be�p�liod:first. to any prepnysnent chuges duc under the Note; secorxt,to aniouuta puyubla under paragraph 2;
<br /> third.ta intercst due;fartD,to principal du�;and las6 to any late charges due under tho Note. � .
<br /> 4.Chr+rges; Lt�e. Borrower shnil pny alt taxea,assessnxnts, ctLV�ges,fines and impositi4n&attributabla to the Property
<br /> which may attain prioriry over this Securiry Instrumcnt. and leasehold payments or ground rants, If any. Bormwer shall p4y
<br /> thesc obli�ations in tho manner provided in paragrxph2, ar if not paid iti that mannor Qarrowcr shaU pny them on timc�1ira�tly
<br /> to the�rson owe�d paymcnt.Borcower shall promptly fun�ish to l�encicr ull•notices o��a�nounts tn bo puid under this paragr�gh. •
<br /> If Borrower mikC�s'these paynents diroctly,Borrowershall prornpdy fiimistj to I.ender receipts evidcsnaing the paymenGS.
<br /> Bonower shall�promptly discharge uny lien which has priority over t$is SecUrity Instrumcnt unleas Aomawer:(a)agrocs in '�'
<br /> wrIting to the paynxnt af the obllgation secured by the liea in a uvvtnec aceeptabte tu�.endor;(b)cantestu iq��flod faith tf�t licn
<br /> ' by, or defends against eaforcement of thc lien in, legal proccedings wl�ich in tho.E.ender's opinion opemte to prevent the
<br /> ' �nforcement of the I{en;or(c) socures from the halder of the licn an agnoment satisfactory to Leniler sulwrdinating the lie�to
<br /> this Socarity ins?Ti�mcr,t.If Lender deternilnes that eny part of the Properiy is subjcct to n lien whtah muy attain priority over
<br /> this 5ecurity Instruu�ent,L.encicr may give Bornower'e naticc identifying t�c lien. Borrower shall satisfy th�lien or take ane or
<br /> more of the actions Eet forth zrb.ove within 10 days of the giving of notice.
<br /> Fotm 3028 8Ia0
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