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<br /> TOOETIiER R►TI'H all the improvements now or hereafter ec�cted on[he PnoPer[3+.and alI easements.appurtenauces,aad ;:,:;.':;:.'..�.•'`�'".�:
<br /> fixnu+es naw or hereafter a paR of the property. All replacemenc� aad additions shail also be covered by this Socurit3+ ` _ ~� ,,;:r�. ..,;. -
<br /> . Insuum�,.at.All of the for�oing is ctfernd to ia this Securiry ia. **+r�t as the'Fral�riY•' ' � • =-
<br /> �ORROQVER C�VEPdANTS that Bon+�wer is lawfully seised of the estate hereby canveyed and has the right to grant and ;'� � �
<br />_�• oonvey the Property aad thst the Property is unenc�mbeied, except for eacumbranoes of reoord. �orrower vrarrants aad will . ' � --_- .. -�z��
<br /> ` defend genera}Iy the atle to[he Praperty agaiast all claims aad damands.subje�t to any enaambrances o€r�ard. . . � -
<br /> TEiIS SECURITY INSTRUMENT combines uniform oovenants far naaonal use and noa-uniforan covenants with limited . ` " ;�:`��--
<br /> .` vartarions by jurisdicaon to constitute a uniform securicy instmmeat coverin�rzal ProP�Y• � � .. � --
<br /> _ UN�ORP►!!C'OVENANTS.�orrower and Ixa�er coveaant and agceE as follows: ----- ;-,t�-:-- :_-
<br /> 1. �ymemt a�Prindpal aad I�4cnest; R2PaYmeat and Ln2e CF�arges. Bonrower shall pmmapdy pay rrhen due the �: �,,r�•` . .;�
<br /> principal of and iate�+est oa the debt evidenced by the Aiote and aay ptepayment and late charges due uader t�e Note. `� .� . ' . , �
<br />. � 2. F'�nds for Tages aud L�sartaaca Subjea w applicabte law or to a written�vrrivet by Lender, Borrawer sha13 pay to -_ . . .iy
<br /> � l.ender an the day monthly payments are due under the Note,�mh1 t$e Dlate is paid in finll,a sum('FS�ads')for.(a)Y�Y� :- . , .
<br /> and assessmenta�vhicb may att�ia priarity over this Securiry Insmam�nt as a lizn on the PmP�Y;@}Y�Y leascl2otd payments . . •...:�. ' °",�r
<br />' ar grcuad nents on the Pcoperry.if any;(c)Yearly harard or P�P�Y�ce P���;(d)Y�'azly fload insvr�ce pm�iums, •. �.,�:,-�:..''�= • • . `n
<br /> if an , e mn msarana temiums,if an •2nd(fj an►f sums aya6le� Barmcver to I�er, in aocandaace c7ith •.r r -� �:'" :: �
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<br /> thB pmvisioas of paragraph 8.in Jieu o8 the payment of morcgage insar�ce prenainms. Th�items are called°�w items.' =:�:.` -'
<br /> I.endar at time collea aad hold F►mds in an amn�t not t� e�ceed the ma�dmum amaffit a lender far a fedeially •_ ,;�.,s,,,��. � �
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<br /> •.' cetazed mor�c age loan may ra►ui�for Bocr�oe�s eserow aocount imder u^u:fxderai Real Fstate�ttteutgat Procedures Acx of : `.� �� �� ..�--_---=
<br /> �'�.� 1974 as amended from dme to time, 12 U.S.C.Section 2GOL d seq.(`I�}PA'),nuless anot�r la+�r t�m applies to the Funds =
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<br />,:.`,:%� r sets a tesser aauoum. If so. Leuder may,ac any time,w�ter.��d hold 1Fur�s in an ammmt not w ewceed the lessa amount. l�s'-`�''`v;—,—• �:
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<br /> Leader may estimaze the amo�mt af Funds dtce on the basis�mff cur�t d�a�si reasonable estimates of exgendidues of funue .°�-. _� „
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<br />: Esc�w Items or ad�ecwise in accardance wiW applirable law. " .
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<br /> . _ '�'he Funds shell be held in an institutioa whose depos'ss a:e i�sm,� by a federal agenry, insocL*+*±�++*��ty, or ennicY - _..1.,,- . ..�: .
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<br /> (nnciuding Leuder,if Lende�r is sach an institution)or in ang FcrF�ai�iarr•�Il.oan BaaT�.I.ender shall agply the Fu¢ds co pay me ..� .�
<br /> Fscmw Items. L.en�er may not�arge Borrower for halding�i�3yim�g the Fands,a�mually aualyzing the escacw�unt,or ��� Y �' '
<br /> � verifYing the Fscrotv Itemv.unless L.�fer pays Bonvwer in�on the F�mds and applicable law permits Lender�es���e sas8 :.�;��1.�-;-�"'
<br /> `� . a chazge.Hawever, I�der may requiie Bomower to gay a one-ti�e c�arge for an iadzpeadcm�l�tax iep�8 servioe .�+r•�►-+.,:�{'.�'�� ,_„:
<br />. nsed hy Lender ia oonneaion with tbis loaa, unless applicable law �des otherurise. Unlesg an zg�eement is made or f
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<br /> aPPlicaete taw require.s i�erest w be paid,Lznder shall not he�equiied ur�+Borrower any mrere,.�t c�.�-aings on ttte�nds. ...�.:,,;y, �; 'r� :
<br /> :,�' Boreawer and I.ender may agcee in writiug,however,thai iat.aest sha��e�a'sd an thc Funds. Lender sLall glve to Borrower, `:`t�:: -�
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<br /> withars r7�arge, aa annual aconnas�trg of the Fund�, shovvia��ts and Zebits to¢.h��'-cmds and the oss for�vhich each -_;� 4;�; ' _
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<br /> .: de3it Em the Funds was mn�e.'Ti'��e�a�+Lv a�ptedged as additir�r szcuri3y fi.r all sams s�cared by this Se�auity Ins�'�^x..ent. �
<br /> Lf the Fnnds heya�j H�der�xed the amo�ts peimir�to be held isc a�pHcable law,Lender shaU acoouat to Bo:rawer • :�.:'. �1.:_
<br /> . .., for the excess l�un�n�,.caoNamce svith[he ra,�uir�ments cf�plicable Fa�o_L�F the amount of the Fuads hetd by I.�der at ar►y �..�:. .
<br /> ,. • t�s is�at cuf�de�:a pay the Fsraaw Items when due,�,�r may so notiCy Baaower in writin .and,in suc�rase$otrat*rer . :�`'`
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<br /> .• �. sLall��q to Leader the amount�sessary to matce up dte dr�r.�enry.Bomower shall make up the defrcienay in raa��osx than : �r:,- __..:�;��.. . .. .
<br /> :,';} taretve uwnthlY Payments.at Len�er's sole disctetion. ' '-'•
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<br /> . ZTpon paymenY in full of a]1 sums�by this Secariry U�a�snt, I.ender sball prnmpdy retimd to Bomower a�► �`
<br /> .. : F�ds held by Lxn�er.Ff.under pardgrap�2L, T,.�der s5all acquire or sell the Pmgeaty,Lender,Prlor to the acqnisitioa or sale -"'"`• ����"'_
<br />' '. of th(e�,�P�m.�p, ert*y�,,,�sb�all a,PP1Y�Y 1�-�*�.._.ds he1����f�der at thc time of acquislaon or sale as a crzdit a�ainst the sums sxund by :-�a•r.r�.;s.:�.�__,..,:
<br /> ,� �JR.fility 1WY4Y111GLL�. �'r:r ��'�,�'��}�'
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<br /> ���� 3.Appdtcaitoa of Pt�pm�`.�.nJaless applicab2e lacv pm-�Yes otherwise,a11 Pay�ffi neceived by Lender under paragrapl�s ...:,.��-,< , '.
<br /> ,;i';��`,; 1 an�B shall be spplied:fiist,to anY F�FaY��8�due under the Note;secoad,w affiounts payabte�mder pazagcagh 2: _'...f4��.�.;;`
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<br /> . �` thicd.w inieress du�;,fonrth,to principal due:and last,to aay late chazge;s due under the Note. � ' �;. :.:''.•
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<br /> ... ; 4.C��Ti�Ii�v.Bor[oweT SLell pay all t�[es.a���*?+eIl1s.char8es.fines and imposftions attributable w the Pmgsrty _ __�. -_
<br /> � r wht�mjay aitain priosity over this Security Inst�umr.nt, �c,f:Seasehold payments or ground rents,if any. Borrower shaU pay ,. .`,-: --'-.- __-
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<br />- �.:� these abligations ia the manner provide3 ia paragraph 2,c��f.•aot paid in that mwner,Bon+�wa shall pay them on a�e directly ��,;;.,�'-
<br /> to the pe�son awed payment.Borrower shall g�mptly fum3sh w Lendcr all aoaces af amounta to be paid nnder this paragrapL.
<br /> � � If Borrower maYes these payments directly,Bmm�rer shall PiomptiY fumisL tv Lender receipts evideaci�.g the paymenta. �':
<br /> � • � Bomnwer shall promptly disefiarge a�+lien�vhich has prlority over this Sec;urlty dnsuam�at eni�.�Bormwer:(a)agras in . _ �.;.... ::
<br /> vmtia�to the payment of the abligation secuced by the lien in a maaner acceptable w Lc��t�;(b)cegzesis I n g a o d f a i t h t h e l ien '�,� �:.�• , � ��,' �
<br />.. by, or defends against enforcemeat of the liea ia, teBai PIacecdmBg whi� in the f.�i�r's opinion operate w prevent the .r` �„ • ..•�:
<br /> ' e�orcement of the llen;or(c)secures from the holder of the lien an agreemeat satisfa�,.�y to L.ender subordinadng the lien to -• - • ��
<br /> ' this Seauity Insmanent.If Leuder determines that aay part of the Pmpen.�fs snbjea to a lien which may anain prior�ty over + _- �� . '°�= �
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<br /> .. tbis Serurity In_�au.r.�:at,Lender may give Borrowet a notice ideatifyiug+i�l�:n.Borrovrer s6a11 satisfy the llen or t�2se one cr � �•=-���
<br /> , more�f 4'f�actions set forth above withia 10 days of tho g��in,�of norice. � --
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