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<br /> —�--- ��'b`� T0067'HER WITH aU thc im�ravcments M►w or hercu8cr crected on�he property.und all casement4,appuncnances,
<br /> � --'-- and fixtu�cs now ar hercaftcr u purt of ihe pmpehy. All replacemcntx und additianx.r•hsdl Wso be covered by Ihix Security
<br /> Insuument. All af the foregaing is rcfemed to in thi�Securi�y lnxuument ax the"Pmpetly."
<br /> �� BORROWER COV�NANTS Ihnt So�rowcr is luwfully scised uf thc cslatc hcmby convcycd und has the�ight lo grant
<br /> '_��a .,`" �' and convey lhe Propeny and that the Property i� unencumbemd.except for eiu:umbrunces of record. Borrower warrants and
<br /> �____.1""_,..� will defend generally the tiUc to�he Propeny ogains�ull claims und dem�uuls,subject to uny encumbrAnces of record.
<br /> , 77i1S SECURfTY INSTRUMENT combines unifam cavenants far nutionul us.� und non-unifwm cavenamr wllh
<br /> limitcd vuciatfons by ju�sdiction to constit�rtc a uniform sccurity fns:uumcnt covcring reul property. � __
<br /> �'�� UNIFORM COVfiNANTS. Borrowcr ond Lendcr covenont und ugme uv follows:
<br /> - 1. Paymenl of Prl�cipwl and Intereali�'ep�y�nt aad Lote Ciw�es. Borrowcr.hull promptly pay when duc thc
<br /> u-!^'-_ ' , p��ipal of and intcrest on the debt evidcnced by ihe Nate and any prepayment and latc churges due under thc Natc. _
<br /> `� ' �. �uods fa.'iluces And lasu�nee. Subject to opplicuble law ar to u w�itten waiver by L.ender,Borrawe�chull pay to
<br /> .. _.�. . .. � Lender on the day manlhly pnyments nrc duc undcr the Note,until 1he Note is paid in fuil,a sum("Fund+")far:tul ycurly —
<br /> ��""��"'Y�•+ taxes and assessmenta which may attain prioriry over�hia Secu�ity Insuumeai u.4 a lien on the Propeny;(bl yearly leasehold _
<br /> �, � ���� �� payments or ground rents on the Propeny, if Lny: lc) Y��Y h��d or propeny insurnnce premiumx; Idl yeurly flood � _s=
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<br /> ��'�",' •� �osuronce premiums. if ony: le) yeurly mortgage insurance premiums.if any: and (f� uny suma poynble by Borrower to
<br /> !�R;;�„���*�, � L e n d e r.i n a c c o r d a n c e with the provisions of psuagraph 8,in Iteu of the p�yment of mortgage insurance premiums. Thexe
<br /> �t����;�;,^,�,'=. ilems ure calleJ"Escrow Items.' Lender may,at my time,collect und hold Funds in un amount not 10 excee d�he maximum
<br /> ,.,�,ti.;,x�,�;,�„ omaunt a Iender for a fedemlly related mongoge loan muy rcquire for Barrower's escrow account under Ihe federul Reul
<br /> _�j�t�;A^, .�j—" Estate Sealement Procedures Act of 1974 as umended from time ta time,l2 U.S.C.§2601 er seq.("RESPA"),unless unother
<br /> .;��y`.�,,,�: ., law�hat applies to the{�nds sets u lesser umount. If so.Lender mny.nt nny time,callect and hold Funds in on wnount not to �a;
<br /> _-- .—����- .--. . exceecl �he lesser umount. l.ender muy estimate the amount of FLnds due on the basis of cutrent daw and reasonable
<br /> esumates of expenditures of future Escrow Items or othenvise in uccordance with uppiicrble luw. �.•.=
<br /> ,_�;;,,#::y-::,,,.s�r The Funds shall be held in an institution whose deposits ure insured by a federsd pgency, instrumentalily,or cntiry �e�K-
<br /> ��° ' ° ° (including Lender,if Lender is such un instimtion)or in s+ny Federat Home Loun Bnnk. Lender shull apply Ihe Funds to pay
<br /> �'�'?�'-�, �+�,.y the Escmw Ilems. Lender may not churge Borrawer for halding and applying the Funds, unnually unalyxing the escrow ��,
<br /> �� ' • ��'= account,or verifying the Escrow Items, unlesx Lender pays Borrower imerest on the Funds axl applicablc law permits _—
<br />:s�h�.�_ Lender to make such a charge. However,Lender may require Borrower to pay u one-time charge for an independent real !_
<br /> —•'`=�"'-••� "' '° estate tax reportiog service used by Lender in connection with this loan,unless appticable IAw provides othcrwise. Unless un
<br /> --�i�'����' � agreement is made or applicable law requircs interest to bc paid,Lender shAll not be requircd to pay Borrowcr any intcrest or �
<br /> � � •u.,..-. .
<br />�`•:;,��• • , � • earninga on the Fonds. Borrower and L.ender may u�ree in wdting,however,that interest shnll be paid on the Fundc. Lendcr �
<br /> _ � shall give to Borrower,without charge,an nnnual accounting of the Fl�nds,showMg credits and debits tu the Funds und the �,_
<br /> �;-�"�� • ��d�•'', purpose for which each debit to the Funds was made. 7'he Funds are pledged as additianul security for all sums secured by
<br /> .�i� ��,�����: , this Secu�ity lnstrument. �
<br /> ,ti ff shc Funds held 5y l.ender eaceed thP nmouncti permitted to be held by applicable law, Lender shnll account to
<br /> 't Borrower for Ihe excexc Funds in uccordnnce with the requiremenls of upplicuble law. If the�mount of the hUnds heid by
<br /> ' Lender at uny time is not sufficient to pny the Eurow Items when due,Lender muy so�otify Borrower in writing,and,in �;c`
<br /> .y -� ^ ., such case Borrower shnll pay to Lender the Amount neces�ury to m�ke up the deficicncy. Borrower shall muke up the
<br /> — ' � ' deficiency in no morc thun twelve monthly payments,nt Lenders sole discretion.
<br /> _���.- ' Upon pnyment in full of nll sums secured by this Security Inswmenb Lender shull promptly refund to Borrower uny '
<br />- ° j Funds held by L.ender. If,under paragmph 21. Lender shall acquire or sell the Property.Lender,prior to the ucquisition or �`��;:�
<br /> " " �-S' � sale of the Property. shall upply nny Funds held by Lender at Ihe time of ncquisition or sale as u credit aguinst the sums _
<br /> �'t secured by this Security Instrument. �,,,;,_
<br /> � I 3. Application of Paymenta. Unless applicuble Iaw provi d es atherwise, all payments received by Lender under
<br /> '~.`� , � "' fi ' paragrnphs I und 2 shull be upplied:first,to uny pr�:payment charges due under the Note;second,to amounts payable under �.�
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<br />_ , • „ . ,;•••- p a r a g r a p h 2;t h i r d,t o i n t e r e s t d u c;f o u n h,t o p ri nci pul due;and last,w an y late churges due under the Note.
<br /> '•:_. ., • 4. Chorges; Ltens. Borrower shull pay all Is►xes, assessmems,charges, finec und impositions nttributuble to t h c
<br /> '�=., � ' p ro p e r t y w h i c h m u y a�t n i n p ri o ri t y o v c r t h i s S e c u ri t y I nstrument,und leusehold pa yments or ground mnts,if uny. Bortower �,�_
<br /> I shall pay these obligutionr in�he munner provided in parrgrnph 2,or iPnot paid in that manner,Bonower shnll pny them on _,W
<br /> , "`°` --�—; time direcUy w thc person owcd paymcnt. Honoa•cr shall promptly furnish to Lendcr all notices of nmounts to bc paid undcr �'�
<br /> ��� . I ehis ps�ragruph. If Borrower mAkes these puymetNS directly.Borroaer xhAll prompdy fumish ro Lender receipts evidencing �_
<br />,�.=��. , ' the payments. �.
<br /> '� '" I �arrower xhall pramptly discharge uny lien which hns priority over Ihis 5ecuriry Inslrument unless Borrower.(u)ngrees —_
<br /> . I in writing to Ihe payment of the obligation secured by ttxr licn in a manner ncceptuble to Lender;lb)cantexts in good fuith the �
<br /> , •�� I lien by,or defends ugainsl enforcement of�he lien in,legul pnxeedings which in Ihe Lender's opinion operute to prevent the ��
<br /> enforcement of the licn:or(c)sccures from thc holdcr of the lien an uFrcemcnt sa�itifuetory to Lender subordinating thc lien !'
<br /> =� �. . i to this Securiry lnstrument. If L.ender detertnines tha�uny parl of the Property i.subject�o a lien which muy a�tain priority �.
<br /> � �'• over this Security Instrument.Lender muy Five Borrower u notirr identifying thc lien. Borrower shall sntisfy the lien or takc =
<br /> ' :;'�� � one or more of the actions sel forth atwve wilhin 10 days of Ihr giving��f naticc.
<br /> ' ' S. Hazard or Property Insurance. Borrowcr shall kcep�he impmvrments now exiti�inF on c�reufter crected on the
<br /> ` . • Propeny insun:d oguinst lo�s by fin:,hazards includcd within thr term"extended coveruge"and any othrr huzurds,including
<br /> � floods or flooding, for which Lendcr rcyuircs in�urancr. Thi. in,uroncc xhull tx: maintaincd in the amounts ond for the
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