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<br /> ��•���� TOCiE7'HER WITH all the improvements now or hareafte�encted an the propeny,und a�����ememv, appi+r�enancea,
<br /> - -_- - -- — and tixtures now or hereafter a pArt of the property. All replwcement�and additiona sholl �Iso Ix:cavered by thir Security
<br /> butrument. All of the forcgoing is reforred ro in this Secudty losuument as the"Property"
<br /> , ,ti BORROWER COVENMITS that Borrower is lawfully seised of the eatate hereby conveyed wid has thc right to�rwtt
<br /> -- � pnd convey the Propeny und thut�he ProPertY ia unencumbered,except for encumbrances of recurd. Bortower w�runts wW
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<br /> :s:.�- will defend generaliy the titk to the Propeny againsa all cleims wid demands.subJect lo any encumbrAncea of recurd.
<br />__•-�_ __ _ _ -___ __�' THlS SECURi7'Y INSTRUMENT combines unifomi covenants far nudorwl usc and non-unifmm corenanta wilh
<br /> �r��""�"`='` 8mited viuleNona by jurisdiction to consdtute a unitorm secudty lnsuumena covering real propcAy. �
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<br /> ':�: UNIFORM COV�NANTS. Borrower and Lender covenant und agrce us follows:
<br /> : 1. P�yment of Princi�wl ond Interesh Prepuyment And Lpte Cdarges. Borrower shall promptly pay whcn due the
<br /> re a meat cmd lote charges due under the Note.
<br /> --- —�„� princfpal of and interest on the debt evidenced by the Notc end any p p y
<br /> ,__,�,;�..$-Y�== Z Fbpda for 7luces aud lnsurance. Subjxt to oppflcable law or to a written waiver by Lender,Barrower shall pay to
<br /> - -'�'�"•-"•��' I.ender on the day monthly payments are due under the Note,until the Nwe is paid in iull.A au�"yunds"e��'��ea�h Id
<br /> �s��;ri��,:.3::�:fi
<br /> ;.�,��-�,�,�:�_;;;�� ° texes and assessments which muy atWin prioriry over ihia Security lnsuument as u lien on the Pro n ��b�y enrl flaod -� -
<br /> �,v��_���,�_"�. payments or ground rents on �he Property. if any: (c) yeady hazard or propeny insurance pramiums: ld) Y Y
<br /> insurAnce prcmiumn. if any; (e)y y g g p sums able b Borrower to
<br /> earl mort a e insurance remiums,if any: end (t1 unY PaY Y
<br /> �y � Lender.in accordance with the provisions of pamgraph S,in lieu of the payment of mortgnge inaurnnce premiums. These
<br /> n--������9��.. '�; —
<br /> `�'�,..��t items arc called"F.scrow Items." l.ender may,ut uny�ime,collect and hold Fuada in an emount nut to exceed�he maximum
<br /> `�;x,�.,�
<br /> �.;�ii��,st:�"��-r • amount a lender for a federally related mortgage loan may require for Borrower'�escrow account under the fedea+l ea _
<br /> — Eswte Senlement Procedums Act of 1474 ag amended from time to dme,12 U.S.C.�2601 er seq.("RESPA"),unless anothcr _
<br /> ----�,
<br /> °:�'':. `a. :�-'��`~ , law that applies to Ihe Funds sets a lesr,er amount. If so.Lender may.at onY time•coUec►und hold Funds in an wnwunt not to �
<br /> — �ra....�s. � _' .
<br /> �� •.v-".:.,.��.. �r•, eaceed �he lesser arnount. Lender may estimete the amount of Fbnds due on ihe basiR nf curtent dato and reasonable �
<br /> �'� ,,.� est�mates of expenditures of future Escroa ltems or otFierwise in accordance with applicable law.
<br /> ,� �` The Funds shall bc held in an institution whosc deposits are insured by a fcdoral egency. instrumentality. or entiry _
<br /> —;i�t�''�••. '. .
<br />�• — (including Lender,if I.ender is such an inatitutian) or in any Federel Home Loan Hank. Lender shall apply the Funds to pay
<br /> —� - '���"�J��"`� the Escrow Items. Lender may not charge Borrower for holding and applying the Funds,annuAlly anelyzing �he escrow �
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<br /> ,.��,-- --—��— account,or verifying the Escrow ltems, unless L.ender pays Borrower interest on the Funds end upplicuble law permits
<br /> �:;_,_ ,.:...�•.,;... " Lender a make sueh a charge. However, L.ender may requir�Borrower to pay a one•time cherge for an independent reAI �__�,
<br /> , . ;'� estate tax reporting service used by l.ender in cannecNon with this loan,unless applicable law provide4 otherwire. Unless an
<br /> �'�'h'"'•^-°:��'� ° agrcement ia made or applicable law requires interest to be paid,Lender shall not be required to pay Borrower any interext ar
<br /> -- y_�s�'�;;:,.::��� earnings on the Funds. Borrower and i.ender may agrec in writing,however,that interest shall be puid on thc Funds. Lendcr �_,
<br /> --- �=� '- �. d shall give to Horrower,without charge,an annuel uccoun�ing of the Funds,xhowing credits and debils to the Fundg und the ,
<br />".�—� � . �,;,_ purpose for which each debit to the Funds was made. The Funds are pledged as additional security for all sums secured by I�`�=
<br /> — .��a±^"••-•'^� ltsi4 S!Mt�dty Inswment. ---
<br /> — ,°<<�. �,„ .-3 If the Funds held by L.ender exceed �he umounts perm�aed to be held by a�licable law. Lcodcr shs!! scc�ssst to �
<br /> =`��`�'�'�"""�'� Borrower for the excess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by ___
<br /> - ." �., � Lender at any time is not sufficient to pay the Escrow Items when due,l.ender mey so notify Borrower in writing,and,in
<br /> - � . .4�r ' such case Borrower shall pay to Lender the amount necessary ro make up the deticiency. Bon�ower shall make up the _
<br />;>";°.� + � �•�'';,'f � � deticiency in no rn�m than twelve monthly payments,at l.ender�s sole discretion. �
<br />_ �' " Upon payment in full of all sums secured by this Secudty Instrument,Lendcr shall prompUy refund to Borrower uny ��
<br /> ;_��° � �.' , ` ., Funds held by L.ender. If,under paragrAph 21.Lender shall acquire or sell the Properry. Lende� i��nr to the acquisition or �s r
<br /> ;�•,�s � � $ale of�he property.shall apply any Funds held by Lender at the tima of acquisRion or svle us a credit againat the sums _�
<br /> - � � • � secured by this Secudry Instrument. —
<br />_ •� � •" �� 3. Applieadon of Payments. Unless applicable law provides otherwise,ull payments received by Lender under �._,
<br />_�;�;� , . `,;"'• paragraphs 1 �nd 2 shall be applied:firr+t,to any prepayment charges due under the Note;second,to nmoun�s payable under �._
<br />-'±�.- � ,b � ppragraph 2;third,to interest due:fourth,to principul due;ond last,to uny latc chtuges due under the Note. _
<br />-��_'� " ` 4. CharQes; Liens. Borrower shall puy all wxes. assessments, churges,�nes und impositions attribuwble �o the __-
<br /> �- ' _.���y._��.�., properry which may attnin priority over this Security Instrument,and leusehold payments or ground rents,if uny. Bortower ��:
<br />-_•�"" � shall pay these obli�ations in the manncr provided in parngraph 2,or if not paid in that ms�nner,Borrower shnll pay them on �..__
<br /> ' "'� •• time direcdy to the person owed puyment. Barrower shall promptly fumish to Lender ell notices of amounts to be paid under �_=•
<br /> ,-�'.��'' ^ . thls parugrnph. If Borrower makes these payments directly,Borrower shall promptly fumish to Lender receipts evidencing �._
<br />'-ya`"; the payments. ��`"-..'
<br /> � . � Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower:(A)ugrees _
<br /> ` ' • in writing to the payment of the obligution securcd by the lien in u monner ucceptuble to Lendcr;(b)contests in good faith the s
<br /> :�; ._�, ° lien by,or defends nguinst enforcement of the lien io,legal proceedings which in the Lender?s opinion operpte to pre�ent the �
<br /> enforcement of the lien;or(c)secures from thc holder of the lien un agreement satisfactory to Lender subordinating U►e lien �-
<br />_- ' �;� ' to�his Security Inswment. If Lender determines that any purt of the Property is su6ject to u lien which mny utts►in priority �
<br /> � ',� over this Security Inswment,Lender muy give Borrower n notice identifying the lien. Borrower shull satisfy the lien or take
<br /> '� one or more of the actions set fonh above within 10 days of the giving of naice.
<br /> • 5. HAZard or Property Insurance. Burrower shall keep the improvemcnK now existing or hereafter erected on the
<br /> � • propeny insured uguinst loss by fire,hazards included within the term"extended covernge"And rny other haznrds,including
<br /> ' . floods or flooding. for which Lender reyuires insurance. Thi� insurance shull be maintaincd '+n the amounts and for the
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