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<br /> U �. . TOGIEETFIER WIl'H Y th� knprovMn�nb now a hw�Rw �ract�d an th� propwry.�nd al ws�n�nb��PP�A�nc�s��nd �
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<br /> �.� � „ . IbcWn� now a h�ndt�r�p�rt ol th�proMAy.M npl�oanmts and�ddMlons�hY slw ba cov�nd W thb 8�eurflY M�trunwN.
<br /> ,. ' A1 of th�latpoNp u rsl��d to b thb S�wrfl�t Mstrummt n th�'P►apMty.• •�R+-�-
<br /> , ,� •o, ' BOflROWER COVENANTS th�t @ortowK b IawhiMfr aNf�d of th� «t�t�h�►�by canry�d and has ih�dphl to ynnt�nd �,:-;r.T_.
<br /> - .. �3= eonvy th�Piropwty and that th� Pirop�Ay I�un�noumbw�d� aupt la moumbranc�s o/neord. BoROw� vwr►�nts md
<br /> . .. � �� wM dMmd yrnrdly ih�tIW to ih�Prop�ty�p�M�st�N cWms�nd d�nwnd�� su6J�c1 to�ny�neumbranas ol noord.
<br /> THIB BECURITY INSTRUMENT aombin�s unNonn cownanta la n�tlonal ua �nd non�unfiam eov�n�nu whh �--r _�
<br /> Y• °• . INnit�d vul�Uon�by�urhdioUon to aon�Utut��unMam��curlty InsWmmt aov�inp n�l P��P�Y•
<br /> . UNIFORM COVENANTS. Bortowu and l�ndK aov�nt�nd�prN u foNow�: �. .�
<br /> .� . 1. Psym�M af Prinalpal �nd IM�ns� P��p�ym�nt and L�t� Charp�i. 8arow�r ah�l protnpiN WY wh�n
<br /> dua tha pdnc(pal ot and Intanst o� tho d9bt evldenced by ihe Note�nd �ny Pnp�yment�nd 4t�cfwq�s du� undn th� � _.Y.,�:- -a„�
<br /> !i . . NDt�.
<br /> � 2. Funds tor Tax�s and Inwranc�.SubJ�ct to�ppYabN law u to�wdtUn wW�r by Lmd�t, Bor►ow�►sh�N P�Y
<br /> � to L�ndK on th�day nwnthy paym�nts�n dw und�r th�Note, unUl lhe Note b patd fn(uY,�sum('Fund�')for: (�) yMrly
<br />� Wc�s�nd usenm�nts whloh nuiy �thln pdority ovw thb S�a�Ny Intirummt�s�Y�n on th�ProP�rry;{b)Y�uN Nasehold
<br /> p�ym�nts a q►ound anta on th� Prop�rty.N�ny; (o)Y�N h�rard ar propaAy Insuranc��pr�mlums: (d)Yeoty lbod In�uranc�
<br /> prwnlums.H�ny;(�)Yeu1y moAype hsunnce premiums,H�ny: �nd (Q�ny wms pay�bls by BoROwer to LendK In accoM�nce
<br /> wMh th�proWelons oi p�raynph 6, b Ysu ol th�payment ot moRy�ye(nturance premMims. Theae flems ue ulbd 'Esaow
<br /> fl«ns.' LendK nwy, d�ny tim�, colioot�nd hold Funda in an amouM not to acKd the m��knum �mount� Nnda lor•
<br /> , . UdwWy ►eht�d mortq�p� lan m�y hquln for 8orrowar's esuow�ceount und�r the 1�dual iial E�Ute 3�ttNm�ret Proc�duna
<br /> ' Acl 011974�s�mMfd�d irom dm�to Um�, 12 U.3.C.8 2801 et eeq. ('RE8PA'), unle�� �nothw I�w that �pplNs to th� Funds
<br /> aMs �Isasw �mount. N so, Lender may, �l�ny tMna. aollect ond hold Funds in�n �mount oot to�xcaed th� leua unount.
<br /> • - Lender may eqMn�te ths amount of Funda dus on ths b�s�a of cuR�nt dot��nd n�sawbN�stNntl�s oi apendiluns of futun
<br /> E�ow ft«ns or oth«wbs In+�ccordma�w8h�pppc�bts I�w.
<br /> " � Th�Funds�h�b�held In�n Instid�tion whose depoeBa u�Insured by�ledxal�pancy. InskumeMaYlY� a�ntMY(���0
<br /> • - l.ender.N Lender Is eueh�n InstlMlon)a In�ny Fadwal Homs lwn Bank. Lendx aMY�ppry the Fund� to p�y dw Esaow _ ._ _
<br /> It«ns.Lend�r m�y not ah�rqe Bortowa fa holding�nd�ppyhp th� Fund�, anmully an�yzinO tM eauaN'�ccaunt, or verNylny
<br /> ' th� Earow It�ms, unl�ss Lender p�ya BoROwa Intenat on ths Funda +�od �pplleabte I�w pamits Lender to rn�k� sueh a
<br /> • chuqa. How�re�, Lendar m�y raquke Barowr to p�y� onatime cha9e fa�n Indapendmt re�l �.+t�ts tac ropatW►p a�viee
<br /> � uaed by Lendw In conn�ctlon w�h this loan, unteas applle�bte I�w provides otherwl�o. Unleaa an �proement Is mad� a -
<br /> appYaW�I�w nquhas Nt�t to b�pdd, Landa ah�M�ot b�requk�d to p�y BortowM any Inbrest or eunEnpa on the Funds.
<br /> " BorrowK uld Lmder m�y�proe In writtno. howevar, th�t intaest shW bs pdd on th� Fund�, Lwider sh�p Qivs to 8orrowK, __
<br /> wMhout cha►pe,�n�nnwl�ecounYnp of the Funda, showinp c►odite and deblls to the Fu�ds�nd the purpos� for whbh Mch
<br /> drbR to lh�Funds w�s m�de. Tha Fund��ra pledqed�s�ddidond s�cuuiily(or aA sume secund by ih�SecurUy InWuntent,
<br /> ., �, II ihe Funds neld by Landa ucoeed the�mouMa permilted to be hdd by�ppYeabk law. Under shaN account to Borrowe► r_T
<br /> ta th�excas Funds In aceorduice with the requkamentc o1�ppllcebk Nw. II the amount o1 the Funds held 6y Lmder�t�ny
<br /> ° tlme is not suffldant to p�y ihe Eecrow Items when duo, L�nde►m�y so notNy 8arowx in w�itlnp, and, In such can BotTOw� �-`:^'=___
<br /> ahap p�y to Lmder ths amount nec�ssary to m�ke up th�d�fld�ncy. Borrow�r sh�ll m�k�up th� d�flcbncy in no mora ih�n -�
<br /> twNve monthy p�ym�nte,tl Lander'a sole dleusUon.
<br /> Upon pRym�nt In NU ol aN suma �eeurcd by thls Securtty Instrument, temier sh�ii prompity reiund ta 8arrawcr any
<br /> Funda held by Lender. If, undv parayraph 21, Lende►ahaU acquire or aell the Propaiy, lendr,prfor to 1he�cquialtion or eale
<br /> • 01 the Property,eholl appty any Funda hNd by Leoder ot the Uma o1 acqulsqlon or s�N as a aadit�palnct th� sans s�curod �m'. �-,'.'`'.�-
<br /> ., by thls 3ecu Inawment. ---
<br /> 3. Appl e�tlon of Paymonts.Unlesa oppNcable lew provldes otherwlae, dl p�yments ncotved by Lender under
<br /> " puapraphe t and 2 shaq bs�ppU�d: 1irot, to�ny prepwyment chvyes dua unde►Ihe Note; aecond,to amotnts p�yablo und� ��'�`�-"
<br /> � pu�praph 2;thkd,to intoreat due;fourth,to principal due;and I�at, to any late charyee dua undar th�Note.
<br /> 4. Chu��s; U�11�.eo�W�anou ay ai Wcan. �ennamenta, ch�r9ea, Mea and NnposNlons tltribuhble to the '� +;-:..-;--
<br /> Pro whlnh may �thin ority over lhia 3acudty InaWment, and le�sehold p�ymentn or qround reMs, N �ny. Bor►ow�► ��'�="
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