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<br /> � • TOGEfHER �VlTN a!1 the improvements now or hereafter erect� on the property. and atl easements, � r;�;:;: . ��=
<br />. �� appurtertances,and Gxtures now or hereafter a part of the property.eUl replacements and additions s4tall also be cor•ered ��;,��,�',�'� �. ., �;�'°�
<br /> <`.k: f..: �'r't
<br /> . by this Secvrity Irtstrument.All of the foregoing is reYerred to in this Security Instrument as the�Property." . '_o;:;,t:.';-.�„�_=_
<br /> BORRONEI�t COVENANTS that Sarro6ver is lar�fully seised of the estate hereby conveyed attd has the right to : <,: • &�.__
<br /> . �-w::�-:,r��-�-
<br /> grant and convey the Property and that the Praperty is unencumbered, escept for encumbrances oF record. Borroiver •� 'r -, e'�,,,,__,
<br /> Narraats and will defend generally the title to Lhe Property against all claims and demands,subj�,K to any encumbrances � _����:�'�w'�.' .
<br /> of record. _. �: � -.`-.3 °.
<br /> • - THIS SECURITY IIVS'TR(J!�NT combines uniform wvenants Por national use and nonvniform cor•enants n�tfi -�= '-�-�-� `�'j°�
<br /> . limited vari�tians by jurisdiction to constitutea uniform securin instrumentcovering real progerty. ' �� ` � "��T` —
<br /> � Ur11FORI�1 COVENANTS.Borrocver and Lender covenant and agre�as follows M=.'"'�t�:°'_ =-
<br /> . 1.gayment of Principal and Interest;Prepayment and Late Charges.Bonowes shall promptly pay when due ��.��i .�. �
<br /> the ptincipal af and interest on the debt evidenced by the Note and any prepayment and late charges due under the tiote. �'+`''�'~'�, . .__�.
<br /> - 2. Funds for Tases and Iasusance.Subject to applicable law or to a written naiver by Lender, Borrocver shall "=_-_�`—=�-- y--
<br /> " , pay w Lender on the day monthly payments ase due under the Note,until the Note is paid in full,a sum("Funds")for. �s__ T. .. :�<,;�,�
<br /> ' (a)yearly tases and a�ments which may attain priority over this Security Instrument as a lien on the Property; (b) �?.:
<br />, yearly leasehold payments or ground rents on the Property,if any; (c)yearly hazard or property insurance premiums t �T�"'�"�+"�-�
<br /> ��'-,��.__`-'.
<br /> . (d)yearly flood insurance premiums.i4 any;(e)yearly mortgage insurance preminms,if any;and(f)any sums payable =__ -- __
<br /> by Borrower to L,endc-r,in accorctazcce cvith the provisions of paragraph�in lieu of the payment of mortgage insurance �S'`;�i�`�'�'�"=''
<br /> � premiurns.These items are called"�.-rvw Items."Lender may,at any time.collect and hoId Funds in an amount not , ,'2���� i�. ?, � � �
<br /> to es��'�re masimu-s� amow�x:a L�•�er for a federallp �J,.�-�3 r.�ar�.g�e loan may require for Borrower s escroN ?;+�•�'��,,,� ��,;`;}:!; , .
<br /> , a�...,-�:u�n;,.'r�w��I Tteal �-r�ie��ie�cz�race�:.:ses��c"r l'.73�as amended from tiir•.��a time, L?.t:S.C. �.��•,t���rs-,. �+,�;�;},�` ''.<r'
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<br /> � .. �C'�^�'SI ryCti.'�S �'.$�f.�'P'�f���a��/�IY'.. .�i. .�,.,�!'s�.1C7�'rE%« S�s2�:?_:65`'.�'�::t!a:L�^!�S SC�B 8�CS�.^ f SIP_E".i,.1:.9..FlT, �.•, ::43y. '�ri?��� n i t �f� f'I,t�}f
<br /> r�.�; 82 cY2}�1l,.:3�CO;:CL+.L�IdI�ffi�i:3�'"Ll:.�I»��.T�.��:.�:;�_�trT��Ct'L�E i�t�OUAL.L��!'tllS�j�`+1E.'.'3�:i:,�.3C".',;+u..t Cf �'���g"'�t�tZ�'ff� _ ��r il'�.'r�� i,
<br /> FUf1�t�i�t7L071♦t{I�1CS.'.35:�'2���..."CG��2�i'Er�E2PrZ.L'�3A":^3���'+�fl?£"�?ti"''EL{�C'l1C�S�.:."E3.:��:I'.i:L�C�SCr(3WLL..a:rsera•rfrfxec^�f�in •.::L�;` ���� � -{f P
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<br /> ..� '' aC(�i0�.�{r�6..LVI1.6�HG��Ia.E��L�AY� {�.tr / � �j - ^(-
<br /> � • The Funds shail�.+e��.u�i��.:..~���.*tion�_*_ose deposits ate inst..:*�:',��•a�?.e�e�r•af•,;�--cy icistrementalitp.cz entity � �' „f
<br /> v _,. ,
<br />- (including Lender.if$.ender is such an i�-�ureion)or in any Federal Ha:s�e i.�s;�:�aiY.?�.ender shall apply the Funds to —�.u-�
<br />'` � pay the Fscrow Items.Lender ms�not charge$orrower for holding an�applyin�t�•_Funds.annually analyzing the -� �•:�:'',:.__
<br /> �� { escro�v account,or verifying the Escmw Items,unless Lender pays Borcower interesc on the Funds and applicable law `�`' ._
<br /> j permits Lender to make such a charge. However. Lender may re�uire Bosrower to pay a oae-time charga for an ' '� •,��.,, ��
<br /> independent real estate tas reporting service used by Lender im m�nection with this loan,unl�applicable law providrs •"�' • �•"•: �:
<br /> • , othernise.Unless an agreement is made or applicable law requires interest to be paid.Lender shall not be required to �`"'�'� '�"> ' -
<br />, pay Borrawer any interest or earnings on the Funds.Borrower and Lender may agee in writing,however,that interesc :'.'��'� -
<br /> . shal)be paid on the Funds.Lender shaU give ta BorroNer.without charge,an annual accounting of the Funds�shawing ' �'�, : �'�-
<br /> � ' '• credita and debits to the Funds and the purpose for which each debit to tha Funds was made.The Funds ere pledged as �+K•` =`�
<br /> �. ` addidonal security for all sums secured by this Security Instrument. ' '' �
<br /> . If the Funds held by Lender esceed the amounts permitted to be held by applicabte law,Lender sha11 account to +�� � _
<br /> � , ,.., _--
<br /> �� • Bonower iar the escess Funds in accordance with the requirements o4 applicable law.If tha amount of tt�e Funds held -:-�
<br /> y 'It �..
<br /> '; by Lendet at any time is not sufficient to pay the Escrow Items when due,Lender may so notify Borrower in writing, --
<br /> �� and,in such case Horrowet shall pay to Lender the amount nec�sary to make up the deficiency.Borrower shall make
<br /> � , .;.s up the de4iciency in no more than twelve monthly paymenta,at Lendec's sole discretion. _ ' +'�'�
<br /> Upon payrnent in full of all si�ma secured by this Security Instrument,Lender shall pmmptly refund to Borrowec ��r
<br /> ��'`� any Funds held by Lender. I!.under paragraph 21. Lender shall acquire or seU the Ptoperty.Lender. prior w the
<br /> a uisitian or sale ot the Pro ' ''`��`"'�`
<br /> , cq perty.shall apply any Funds held by Lender at the time of acquisite�or�vr sale as a credit . .�; �
<br /> against the,sums secu�d by thia Security lnstr�ment. " ����, '���
<br /> 3. Applicstion e�Pay�ents.Unless applicable lew provides ot,��+w'r�-.a�pay-rrtents received by Lect�under �`ti�'r�;;�-;. -.�:ij �`;;.
<br /> f y.• �!r �ti:�ijJ!`,:�.�.
<br /> �� Pa*aP�Phs 1 and 2 shal�be applied:�rst.to any prepayment charges�:,.=e:-:der t,:�Vnte;second,to amounts payable :. n, :��;��':�:�. �;,s.:'�'`
<br /> •���.. under paregraph Z;t��d.w interest due;fourth.w principal due;and t.��c,c��s�y late charges d�e cnder the Note. �#�.'•'�;�'s?�'S�?��'3;r�;��,��
<br /> ._ f 4. C6ar�es: Lieczs. Borrower shaU pay all taxes,assessments,ca�:s�;�.fines and impositi��nr attributable to the ,.�,' :. �.-�% �: :.5��°�,�'',��;�,':
<br /> Property ahich may attain psiority over this Security Instrument,urtai't�esehold payments���,ound renta,if any. "`*��'�'?�`'� -..
<br /> �.•� ._�,. •�.+rt.';' �.: �:__
<br /> �, : ; BorroNer shall pay these obli�scdezns in the rr�aruier provtded in paraga,ph 2.or i��u»paid ia ttsat manner,l3orrower ;,�.:.. . � • -
<br /> :�� �.•-:-.
<br /> _ shalt�Cay them on time directCy a�a c?�e person owed paymen�Eorrower shal!promrnl'g iurnish to Lender ali notices of - �,;i�'�.::,-,e,;i,:n��.. `
<br /> . ... I: amoants to be paid under this�.,�graph.H Barroaer makes these payments directtg,�osrower shall promptly furnish � y �'y�`.".
<br /> to Lender recei pts evidencing the payments. �:;;���,;��
<br /> � Bonower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower. (a) _ ___—_____
<br /> � agrces in cvriting to the payment of the obligation secured by the lien in a manner acceptable to Lender.(b)wntest4 in ���-�--=���-j�•
<br /> ` ' good Eaith the tien by,or da4ends against en4orcement of the lien in,legal proceedings which in the Lender's opinion �'��� • � _
<br /> operate to prevent the enforcement of the lien;or(c)secures from the holder of the lien an agreement satisPactory to �'--�-- —
<br /> ' • Lender subordinating the lien to thia Security Instrument,lf Lender determines that any part of the Property is sublect -.� -'`
<br /> � � to a lien which may attain priority over this Security Instrument,Lender may give Borrower a notice identifying the -- '�`
<br /> lien.Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 days oi the giving of
<br /> notice. -- N.6�
<br /> . ; Fam 304 !!!0 �'������' :-
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