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<br /> �Y(7'H cill the impmvemen¢s now or hereafter erect�an the propErtY.�nd a11 e�sements.appurtenances.and
<br /> TOGETHEFY ��-�-�•-
<br /> � fixtures now or h�reafter a p� of � proPQ�Y. �3 replacements and gdditions shail also bP covered by this SecuritY � ti,
<br /> the fareRoing is ref�rrc�to in this Security Ins�rument;u the'Prop:rty" ��.�
<br /> I[zstiumEttl.AU of a �,-°.:. °-
<br /> BflRR�WER CO�L'iVAN'i'S that Bomxver is lar1fu11y sc�ce°ffor en�vmbrsecesy ofnrecord�Banowet nvarrsnu aad w U , ,=,_�
<br /> mnvey the Prop:rtY a n��h a t t h e �r o p e r t Y i s u n e n c u m b e r e d.e p� ,�;;_
<br /> dQfend gene�lly the dtEe to the Fropert3'a;a��st a!i claims and dem:mds.subject to any encum brances o f r e c o r d. ,,,.
<br /> : ti�
<br /> THIS SECUAITY INSTRUMENT combines uaiform covenants far a-stional ruseeand aon-uniform covenants with limited _��j
<br />— variations F�y jurisdiction to rnnstituse a un�fosm serurity instmment covering ceal p P Y• . : ;�,_..._
<br /> U1�IIFORM COV�NAN'fS.Borrawerand Lendercov�e �late�Cttar��. Eorro�ver shall promptlY PaY �vhen due the ;« <
<br /> �, gayr¢�emt of Prtndpai nnd Int��; �P�Y� es due under the Note. r� •-
<br /> piiricip�l of aad in2esest on the debi evidenoed by th�Note and any PreFaYment a�d�te charg ��
<br /> Sub�ecc to ticable law or to a written�ver by Lender. Sorrov�er 6haU pay to ��*�_`
<br /> Z.Fon�far Talaeg and fasur�nce. J eFP eari ta�es ,�_�`_- -
<br /> Lendec on the day manthlY paYments are due undzr the N+�te.�►'ntil the I�Iace is pzid iA full.a sum(b un�Y 1°�ho d paytaents _- -
<br /> which may atta►n Priority over this Sec�rity���T=nt as n lien on the PropertY:t 1 Y ___
<br /> and assessmEnts if an .(c) esrl h.�ratd or PropertY�nwmnoe precmums'(d)YeariY flood msurance Pre�ums. —_
<br /> or gruund rents on the Prop�rty+.� Y' Y Y �(��Y 5�Payable by Borro�vcr w Lender.in accordance ariti� —
<br /> ` if any:(@)Y�Y�rt'�a6 tASUTaItiir j3TCQ11UIILS, �f anY� remiumti.These items are calied°Escrow Icems." .-------
<br /> ehe prm�isons of paraSmPb 8.in lieu of the paym�at of mortga�e insuiance p n►�
<br /> y� amount a leader far a fedeaally ��:�-
<br /> Lender may.at any 6me. oolleci and hotd F�s in an amount aot to exoced the maximuri► g y T4 _
<br /> ' re(ased mortgage loan maY require for Borroc�er's escrow aovount under the feder�l Real Esmte Sett�emeat Pra���
<br /> . . 19?4 as amended from time to timQ, 12 U.S.C.Seaionoollect and hold F�A�•�amaunt not t excePd the lesser amoum- _ �
<br /> s�s a l�sser amoun t I f so.Lender ma y.at uny time. -T.;
<br /> rd=.,r;x-:-
<br /> lender may estimate the amoum af Funds due on the basis of arreat data and reasan a h le es U m a t e s o f e x�r e nditures of future ��(;ff3�•`
<br /> � licable law. F S'7�°�'
<br />_ E scrow I t e m s o t o t h e r w i s e i n a o c;o r d a n c e vith a P P �ts atie inau m d hy a f e d e r�l o g e n c y. i n s t r u m e�►t n l i ty, oT e►�i t Y . `�.
<br /> � 'ihe Funds shall be held in an insritution whose depos� tht �.-.-
<br /> (including I.�nder.if Lender is sach an institution)or in any Federal Home�Funds.annualtY aaal'1mnSj����TOW�0�'�f :
<br /> .. Escrow Items.Lender may not cbarge Borroaer for hoiding an�applying hcable law permies Lender to matce such �;;._.
<br /> � verifying the Fscrow Items.unl�sss Le�er pays Borrowee a ne-time�charg�e for an npdepeadent�eal estate tax rePortiag senrice •
<br /> � e Bflrrower to pay � `
<br /> a�ge.However.L.ender Y�!i"r licable la�v ravide.c otherw�se. Unless an agceement is ma�e or ��`,
<br /> used by Ixnder in connection �vith d►is loan, unless �P � o a Born�w��y interest or eamings on the Funds. �:-_ .
<br /> applicable taw req�ires interest to be paed,I.ender shaU not be� p y d on the Funds. 1-ender sha11 give to Borrower• m�";_�.
<br /> • Borto�ver and Leastec may npee m�vnung,however.that interest shall be pai u se for which each �--�`_ .
<br /> • ' withr�ut cbarge, an annual arxrsunting of the Funds.sliowin8 credits and debits to th:Funds ana r1►e P �P° � �y,,:.:
<br /> a for aIl siuns secured by this Security Iasuume =,;",,•
<br /> ' to the Funds was cnade-'CIv�Funds a�pl0dg�����o��n� e law.Lender sl�all account to Borrotivar �'"�.``''
<br /> � ttted ta be he�d by appl�cabt
<br /> 6f the Fuads @�td by Lender e�cceed the amounis pemi
<br /> � far tts�exoess F�Is in accordaace with thE ceauirements of appiirable lavr. �$ �`ver in�writing,end.in sncb case Bo�� - ---
<br /> � time ts not suffiaent to pay the Pscrow Itema wh:n du�.Len3er may so n�tify �.._ ._
<br /> .. _• �pay to L.ender the amount necessaay to madce up th�d�iciency.Bona�ver�all make up the deficiencY in no ma�tlr� .� ..,.__'.
<br /> • twelve montiily payments.at Les�der's sole discretion. ���n1, Lender shall pmmptly rcfund to��n or srile �
<br /> �r;�t Upon FaY�nt in full of aU sums secused by this Securiry
<br /> �����:� Funds held by�.If.under paragraPh 21.Lender sha11 acquire or s�eil th:Property.Lender.prtor to ihe ucqv =-
<br /> of the PropertY•�11�D�Y�y Fun�s h�id by Lender at the time of aoquisition or sale as a credit against die sums sewred by. R,
<br /> this Securiry Insuulr��u- hs ti:�r"�'?
<br /> 3.Appltcs►tion of F�Ym��-Unl�s applicable taw provides athscwise,a11 Payments received by Let�der under paragrl.P ���,:;.
<br /> mxnt charges due undea the Note;second.to aanoants payable under paragtaPh 2: f;::;r.
<br /> 1 and 2 shall be applied:fitst.to any Prep�Y �`��
<br /> third.w interost due:fourth.to Princ�Pa!du°����t.to aay late ch�es due under the Note.
<br /> u.,
<br /> .• 4.ChaiBes+l.ltus.Borrower shall pay all taxes,�sessmenu.d��s�`s.s. nts a�'undsrenu.i�Y•�1 nOw�sAaU p$yE
<br /> � which may attain priority over this SecQrity Insuum=nt.a...•°d 1�cfiS`r�ayme � �:;
<br /> tluse obligadions in the mara►er provided in paragraP�2.6�Lf°°t gzi�in that manner,Borrower shall pay theai or�ri.�dire:dcy
<br /> to the person awed payment.Botrower shall prompdy fumish to LecSzs all notices of amouNs to be paid under ttti5 paraSraPb• �;:-:�.:
<br /> . ° e
<br /> ( .. If Borro�ver makes these paymes►ts d'uectty.Boaower shall prompUy fi�x�ish to I.ender receipts evidencing the payments• ---
<br /> :'�±;,lr.+� �_rr:-:`.'�:.
<br /> . .:��t�= Borrower sha11 promptly discharge any li.n which has prioriry mc�:tius Securiry Insuum�un1�Borrower.(a)agre�in
<br /> ;. `��,t —_
<br /> writin�to the payment of th:obligation secured by ths lien in a ma:�+►cr'�eeeDtab�e to Lender;(b)contests in Bood f���=�I�
<br />' 1ry� ar defends a�ains
<br /> � �nf�.�;cment of the lien in. le� ptoceedings which in the L�►der's opinion operate to prevent the �_
<br /> � enforcement of the lien:or(c)secures from the holder of the flen an a�reement sutisfactory to Lendes subordinating tLe li o�
<br /> this Sacurily in�uume�rt•lf L.ender determiaes that any part of the Pn7�rerty is subject to a lien which may attain prion�Y
<br /> �� tnis Security li�r:tniment.i.ender may P�ve Bosrower a notice identii�;i�a�the lien.Borrower shall satisfy the lien or tuke on,c nr
<br /> � �near.of ths ac6ons set forth above within l0 days of ths giviag nf nrtna:. �;�;,3029 9�90
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