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<br /> � e im zovem�tts no�v or hereafter erecced on the���'��I u'�sements.aPPurtenancss.and �`
<br /> ' TOi�EfHER WITH�{I th p �`�`��J�
<br /> �---_.�
<br /> fixtures ccow or heeeatter a p-3rt of th� property. All replaoemeats and additio�us shall also be coverz�d by this S�curity Ft..ti!.
<br /> I���t All of the foregoing is refersed ta in this Sea►rity Instreimem as the"Property•" .
<br /> �012R011VER COVENANTS th�t Borrotver is lawfully seisai of the estate hercby mnveycd and has che ri�t co grant an� �''.��;
<br /> : 1;.
<br /> � convey the Pro�erty and that the Pr°pe''�f'� �enrumbered. except for encumbrances of r+ecord.Barsower warranu and will 4:�`--
<br /> � defend ge�erally the ade to the Prope*t�+a8�inst a!1 ctaims and demands,subject to any encwnbrances of record.
<br /> z;�,.:� •
<br /> THiS SECUItTfY[NS7RUME�IT�°�nbines uniform rovenanu for naaonal use and non-uniform covenants with ��tn��ed yz'r�
<br /> " mstrument covering�al ProPenY• -;�...;
<br /> variaunns by jurisdiction to eonstitute a uniEorin security� �-
<br /> t' UNIFORbi COVENAN'i'S.Eormtiti•er a.�d Leader rnvenant and agree as foilo�vs: I� T•�:
<br /> Borrower shall pror►�tiY PaY when due [h� 1�:'7=�,=
<br /> -;; l. Payment o i P r i�c i p a l aa d l�s: �Pa Y m�t aud 1.aEe Clx�rges. 4,.: ,
<br /> re a ment and late charges due under ehe Nate. ,;,�;;�x.
<br /> principal of ar,d inierest on the debt evidenood by the Note and anY P P Y :
<br /> Z. F�utds ipr Taxss aad Insusaufle.Subject w a�plirabte lav�•or to a written waiver by L.ender. 8orro�ver shall pay to +��:+1�,°
<br /> �`
<br /> (.ertder on the day motuhly payments are du-�u►�+er tht Note.untii the Note is paid in full.a sum('Funds")for.(a)yeariy taxes - .�-,.-:;
<br /> �y. Iras�ehold a ments -��r�-"�°
<br /> and 3sse�.sments��+hich may attain prinrity o�er this Security Insuumem as a lien on th�Pro lb)flQ�Y��ce p���, l�..�_
<br /> � ' or gtvuud tents on the Properry,if s�y:t�)Y�Y h�or property inswacce premiums;(dl yearly a„�__-
<br /> ear mort e insurance premiums. ef any:and(fl�Y b�PaYable by Borrotiver to Lender. in accordance with �;,::;.
<br /> . , if any' (e)Y �Y Sa8 ��'���'-:,�:
<br /> � '>. the provisions of paragraph 8. in liev of ths payment af mort�age insuranse premiums.These items are ca11e�°Escrow Items.° ���_�„
<br /> . .. ��may, at any time,oollect and hold Funds in an amount not to exceed the maximum amaunt a lender for a federally �{'r'',;.":.
<br /> `' ;�,� retated mortgage loan may require for Bmrotiver s escrow as�oount under the fe�eral Real Estate Settlement Pracedwes Act of �►:::,,�:-.•_:
<br /> PP �;,;:it;.:
<br /> .... ;. Igr/4 as amended from time to time. l2 U.5.C. Sestion 2601 et seq.(°RFSPA").unless anflther Inw that a lies to the Funds �,f,ktl�
<br /> . sets.a tesser amount.If so.Lender m3y.at any time, oollect a�d hold Funds in an amount not to exceed the lesser amount. ��u,�
<br /> L�ettder may esdmate ihe umaunt of Funds due on t�e basis of cuneat data and rea�onable esrimates of expenditures of fuwre �z,;s;:.;.;
<br /> Eu7ow Items or otherwise in aooardzct�e with appticable law. '�;;:�:•
<br /> ' The Fundg sha11 be heid in an institution whose deposits are itLSUCe� by a federal agency, inswmer►talitS'. or'en�it�� i��.;`,':,
<br /> r:nrtfudine l,e�-.if Leader is such an instiwaon)or in any Federal Hame Loan Banlc.Lender shall appiy the Funds to psY dte ,.�r;;':::
<br /> ,�n vcrrr►w aCCnuIIt.� �s!,�..-_;.
<br /> .. . Estx4w IYems.L�des may not charge Borrower for holdmg ana agpiyiug��i-umu.�::���".;-..., ..,-..
<br /> s Eorro�ver interest on the Funds and a�lica6le la�v permits Lende�r to matte ss� ,.-:,Y.
<br /> : . vcri�j,i��t�e Escrovr Ite�s.untess Lender pay '•��:,` .
<br /> .. . a etuu�.Hovrcves,Lercdea mEay recluir�e Borrower to pay a one-aime charge for an in3ependerrt real estate tax rcportiag service --•;�u` '
<br /> us�ed bu Lendes in connection with ehis loan. unless applicabte law yrovides othernise. 1Tsiless an agreem:�at is made or : i:�'�-:
<br /> apptn:uirtFe lavr requires in!�sest to b�paid.Lender sba11 not be required to pay Borrower any int�t.or eamings on the Fands. `:_. _
<br /> A
<br /> �tl�a�����ay ag�ee in writing,however.that interest shall be paid on the Funds. ixnder shall give to Botro��ei. �;ie,'
<br /> � ��a��,��h�g�, �n ann�accot�nting of the Funds, shot*�Tng credits and debits to ds.e Funds and the purpose for which each " ;..,
<br /> ,•., for all suu-�s�'cured by this Security F.cestntm.°nt• �,�r,��;•.
<br /> dnbit t��t$e Pun,ds was made.Th.Funds are ptedged as a�cional security �
<br /> Y aPP {,�r:�:'v:
<br /> �1'j;�'.�Fuuds held by I.e�3�r e�cc�d the amounts permitted to be held b Sc�rl��aw,L.ender shall accaunt to Bomntver � H_
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<br /> " . f�s� �,��y�r�in ascaidan�e with the requiremenu of applicabfe 1a�v.If th:�.�^-�.�unt of the Funds held by l.end�r at� +',,``
<br /> t��tp.ES.�at. .� �r•i.vnt w pay the Esc'row Iterns when due.Lender ma�s�cintiP7►Borrr�^'�r in writing. and,in such case�ocm�atixr `
<br /> g�,Fay to�der the amaunq r��cessary to make up the deficiency. Borrower stu�2:nake up the deficiency in no more ti�n r�f��
<br /> - ��4�.�..�.
<br /> twel�¢mond��y paymenu.at Les�les's soie discre2ion. �^-`--
<br /> � ��A pavment in fiill of a1l sums s�cured 6y this Szcuriry Instrument. I.ender shall promptly refund to Borro�ves any �},_"_
<br /> ��Qda,hL[d hy S.ender.If.und�para€,ca��2�•Lender shaii acquire or seil the Prop�rty.Lender,prior to the acquisition or sale -_ .
<br /> QL�w�,�rerry�Shal�app}y a�}�Funds heici by L.ender at the time of acquisirion or sate as a credi¢:�a�nst the surt►g secur�ed bp
<br /> thin Sr:car•iry Insm�mer►t.
<br /> �..:!���tira4ion o�PaYPat�Bs.Unl�aPplicable latr provides otherarise.all payments received by Lende-F:.r�xr Pa�►S�P� -- ...
<br /> 1 and:t q'tisill be applied:first,to any prepal'ment charges due under the Note:second,to amounts payabl:w�ler paragrapi�Z; gr;rr'r,';
<br /> '` �d„ts,+fi�erest due;founh.ta�rincipal due:and last,to any iate c�x.,��s due undep the Note.
<br /> �,,.C87rgc�Lleus.Bmrawer shall pay all uues.assesscm��ts,cil�es. fines and impositions amibutable W th� Propc�4r
<br /> a�►ir.ii.�usny attaia priarity m�s this Security Instrument,and t�s�v.tJ'rf payments or gronnd rents. if any. Borro�ves shall��j:
<br /> tIw,e:airl"rgations in th+:m�s p�vided in paragrap�2.or if noi patd in that m�iiser.Borrower shall pay them on danr directty ---_
<br /> t�,r��}�g�rr�on owed p3ymet�.Borrower shall promptly fumish to l.ender all nodces of amounts to be paid uades thls par�,nrAph•
<br /> ° Ii B+srac�'ucr malces th�e paym�nts dirc�:t�..Borrower shall promptly fumish to I.Qnder receipts evidencing the paym.�n:s•
<br /> m°
<br /> ��7rovrer shall proay�tly dischargs acs^,� lien which has priority over this Security Instruazent unless BortoHer:(a)a�xaes�n
<br /> v�t�tii�to the paymen�of ttu:abli�ation s�cured by the lien in a manner acceptable to Lender, 4b1-contests in good faitl�the lien
<br /> b f� or�defends ag,vnst eaforo.ment of tha tien in. F.�:�:1 pruceedings which in�t�Lender's opinion operate tv psevent tlto �:_._
<br /> edfd�rement of d►e li:n;or�c)secures from the hol8er of the lien an agreemens g:�t3r�:=ctoil+�o Ler�der subordinatiq,,a th:lien to
<br /> Gffu Secutity Instrurn3nt:if LencJer d�tesmines that any part of the Properry is���r��,i a lien which may attain psiarity aves
<br /> .,;<i`4�.,. t�tin�S�curiry Insuu�nt.Lender may���e Horrower a notice iden�;£y;in,fi the lieh. 33.3cr�u�e;shall satisfy th:llen or tas4 oa,e or - -f
<br /> � mor�of the actions set forth�ati•e w:thut 10 dnys of the giving of c»r:ir;r_.
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