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<br /> ` 'r0(i�R-1Y[PH alt drc impopr�ts so�v ar�as�a erx�ed do thc pc�Qaty.aad aU ea�ts.�• - � .
<br /> � � `�d fixu[es aow►o�Mie�Aer a p�t of tbe p�upe�ty. AU tepi�o�ements aud addiaaas s1�U aiw be cove�od by t�s Sa�ritY
<br /> b�eet Aliwf tf�e fa�e�oin�is eefened w iad�3s Sec�rty TmaianaR a�the"PrapoRY•" . ` � �
<br /> , • - BOitROWEK CnVENAM'S that 8ortuwa is I�wfuliy seised o�tl�estate MebY conveyed ud�ibe rig1►t tu St�nt
<br /> a�d oonvejr drc Pwpe�ty�nd 8w t�e Peapetty is u�a�aunbae�exapt fa rncumb�s of rocord.�So�mwer wamnts,and `
<br /> ' � w�defad iaraaliythe titYe to the�opaty s�sc a1�cl�ims aaQ dem�nds.sub�oCC tv ar►�r.mcam��nces af tecad ,
<br /> '1NIS SECt]RII'Y lNSTRI(M�Tf�asoa6ines anifam cavcn�nts for nuiooai use and aoo-unifom� cavenants witb �
<br /> luaited v�itsions by jurisdictia�to cas�stitute a unifam sec�i�iry insuument covering reai p�peKY•. _
<br /> - — - - ` i7N1I�RMG�OVE[�tAM'S.�8a�a�werdn�ltendercova�f�ads�eeasfoltosk�sc � " ' � �
<br /> , � ` L !l�r�eit�f prt■dMt�ii l�erdit:Prept7aeN atl LMe rbar� Barowex shal!�prOmpttY PsY wBat due d�e .
<br /> . p�iecip�!of�nd ielaest ao the debt eMidaxeQ by the Notc and anY P�'�WY�nt wd lote c6ugcs due uader the Note. '
<br /> � � iL�s/or'hxes ail IMrste�. S�bject w spWia�k taw a to a writtai waiver 6y I.ender.Borrawrr sintt pay to
<br /> L�eoder oe d�c day mon�lY QrYa�e�rs=e dne ander the Na�uaW tlre Nde is paid in fuU,a sum t"Funds"1�(a)y�Y
<br /> ' tauess and as�esstnana w6ich roty�It�in prjor'iry ovet this Setvrity instrua�eot�a tirn ort tbe Ptnpeet�r:(b)Y�Y�
<br /> �a�rments ar yowad rrats on Ihe Pboperty, ig anY+(�)Y�Y�a P�'P�Y� P��'<d)Y�Y flOO� -
<br /> mwwnoe praeiums,if any:(e}Y�Y-�8��P�i�•�if any;aod(fl�►Y sums pryable by Bonower to
<br /> l.eader,in acca�dmoe with the povisions of p�rag�pb 8.in lieu of tbe poyment of mortgage inaua�nce�mns. These
<br /> iteass a�e caliod"�sc�uw items." l,ender may.at`aay thne.coUect aad hoid Funds m an amounc not taaxcee�the muimum
<br /> ama�s k�der fac a feBe«liy rei�ted matg,s�la��aay teyuir�for Bortaw�es's esccow accaunt etMer the fedetai Real -
<br /> gst�te Sailemmt Proceduros Act of 1974 as aunetdtd fmm time to tune,l2 US.C.$2601.et seq:("RESPA°),nnless ai�otba
<br /> taw tl�t applies to the Funds sets a ksser an� U so.i.endei may:at any time,coltoct and hotd Fm�ds in an amount noc to
<br /> exceed the tesser atnaunt. I.etder tnsy estimyie tAe an�t oF I'wds�e oa the basis af cumrnt data and tasanable
<br /> � �of expeadipaes of futwe.Fscrow Items cx ati�wise u�accvrdance with applicable iaw. `
<br /> 1]�e R�ods s�pl!be heW in aa inctitutioa who3e deposits u�e insuted lry a federal ageacy.instrument�liry,or et�ty
<br /> ('a�lud�g tmckr.if i.enQer is such�n institutioa)or in my Fedetal Home LAan Baok. I�der shall appty the i+�mds us�y .
<br /> the ESCmw Iteon. Leiwler msy not charge 8o�rowet for lwt�ing and aPP�B the Fu�s,anaually aaalyiiag the�=w ,
<br /> s�ccoNnt,or verifyina the F.setiow Items,wfkss l.ender paYs Bamwer interest on the 1'vnds and applicabk law p�ts
<br /> .sc o
<br /> � i�ender to m�lce such a charge. However:Lender may�eq�u�e Ba�rower to pay a on�ame chuge fer�indeprndera na1' � -
<br /> � estate tu npoRieg s4n+ice used by l.ender in camecdon with this loan.untess applicabk law providcs ot�awise. Unless an ' .
<br /> . ._ agroemeAt is made a applx�able taw ioquirFs intcnest tqbe paid.Lender sha11 not be requi�ed to pay Saauv��e[any intes�st or ,
<br /> ' qmings on the Funds. Bormwer and I.er�der may agree in wEiting.howeves,that inter�est shall be paid o4 tt�e Fi�nd.s.'�:essder
<br /> , sh�U give to Bamwa.without chuge,an annual accoantjng of the Funds,showing c�edits and deb�ts to the Funds aad the
<br />. _. piupose fdr whic�pch de6it to tlte Funds was made. 'ITie Funds are pledged as additioaal secarity foE ai�'sums secu�d by
<br /> this Security insmament � .
<br /> jf the�r�s hetd by I,ender exead the amounts pem�itted to be hetd by applicable law. Lender shall accaant tn
<br /> Bamawer for the ezcess Pw�ds in xcordance with tl�e tequinements af applicable law. ff the amo�rnt of the Funds tie�by
<br /> l.ender at wy time is not sufficient w pay the Escmw items w1�en due;Lender may so oaufy Barmwer in writiag:�f«in
<br /> - — suct�c�se&xrower sh�q pay to Lender the unount rxcessary to malce up the deficiea�. Bormwer shalt malce ap du
<br /> � deficunc.y in no mae than twelve momhtY PaYments.�t Lendor�sole discaaon.
<br /> , Upon payment i�r fuU of all sums secuced by this 5ecurity Insuument,Lecder shall promptly nfund to Boirower aay
<br />=- Funds held by Lender. If,under P�S�Ph 21,Lender shall acqu'tre or sell the Property.l.ender.Prior to the acquisition or —
<br /> sak of the Proparty.sh�ll apply any Funds neld by Lender at the time of acquisition or sale as a credit against the sams
<br /> -; � stcured by this Sc�ccurity Insttument. =
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<br /> 3. Appllptlos d Pf�y�nenta. Unless applicabfe taw provides otherwise.all payments neceived by Lender under _
<br /> � i paragrrphs 1 and 2 shaU be applied:first.to any prepayment charges due under the Note:second.to amounts paya�le under °
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<br />- � paragts�h 2;third.to intercst due:fourtl�,to princ�pal due:and tast.to any late charges due under the Note. —
<br /> 4.' Cranes;LieAS. Bonuwer shall pay al1 taxes. assessments,charges. fines and imposipons attn'6utablc to the
<br />_ � Property whicb may auain priarity ovec this Saurity Inmumenti and leasehold payments or ground rents,if any. Bortower _
<br /> -= E sh�ll'p�Y these obligat�ans in the man�er provided in pa�agaph 2.oc is not paid in that manner,Borrower shall pay ttxm on -
<br /> time directly to the person o�red payment. Bortawer shall pramptly fumish to L.�nder aU notices of amounu to be paid w�dor -
<br /> thia puagaph. If Borrower malces tl�ese paymeqts areetty.Borrower shall prampdy fumish to Lendes receipts evidencing _
<br /> the PaYments• =
<br /> ! Bomnwer shall promptly discharge any lien whicb has priority aver this Security Instrument unless�u�ruwer:(a)agrees -.
<br /> - in arriqng to the payment of the obligatian secured by the lien in a manner acceptabte to Lender:(b)cantxsr3 En good faitl�the _
<br /> � tirn 6y.or defends agai�st enforcement of the lien in.fegal proceedings which in the l.ender's opinion operate r,o gre4 cnc the _
<br /> � enfoccement of tht lien;or(c)secures from the hotder oi the lien an agreement saticfactory to I.ender sub�diratirrg ti��ien -
<br /> � ; to this Security lnsuutnqn� If L.ender determines that any part oi the Property is subject ta a lien whicb cnay attaia�,rz�sriry �
<br /> ��' � over this 5ecurity Instrumcn�Lcnder may givc Botrower a not�cc identifying the lien. Borrowcr shalt satesfy the tiaf ot lake _
<br /> � one or more of ttie xtions set tortb above within If)days of the giving of notice. _
<br /> 5, Har�rd or property 1as�nace. Botrowcr sh�l!keep the improvemcnts now exisung or hereatie►erected a�s the
<br /> ^ I propetty insured against iocs by fire,hazards'included within the tertr�"extended coverage°and any other hazacds.incIr�ding •-
<br /> � flaods os flooding.far which I.ender requires insutance. This insurance shall be maintained in the amount�and for the �
<br /> Fors 3R2f 9-� fpuSe 2�f�+pagtsJ
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