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<br /> �:__=�_��� 92— sos�s
<br /> —�°-��--= TO(3ETHER WITH all�he improvemenie oow ar hercaitcr crcctcd an�ho prapeny,and all caxementr.uppuncnunccs,
<br /> _�-._�—__._— and fixtures now ar hereafter n part of thc pmpeny. All rcplacement�and eddiliana xhall ulxa be covcred by�his Siecurily
<br /> inrwment. All of thc forcgoing is roferrcd to in thf�Sccudty Instrument as the"Property." `�`
<br /> —� BORROWkR COYBNANTS�hat Borrower ia lawfully soiscd of the estute hereby convcycd and hns thc�iRht to grant
<br /> irx�or�ry!r;, ,..�--`� and convey the Propeity and that the Propecty iR unencumhered,except fbr encumbrances of record. Borrower werrnn���nd
<br /> ��p�;;¢'"' ` '����:; wlll defend genemlly Ihe title lo Ihe Property againxl aU claims und demands,subJect to uny encumbrunceK of rei:ard. iu_
<br /> ��� �� THIS SECURITY 1NSTRUMENT combines unifarm covenonts fbr nationAl use and nan-unifarm covenant� wi�h
<br /> ��5_��' L�._.T'� limfted vuriation9 by Jurisdiction to conR�itute o uniform secur�ty inswment covering re�l property.
<br /> � � � UNIFOl:M COV�NANTS. Borrower and Lender covenant and Agree nR followa: �
<br /> - '�`�- 1. P�yment oT Principwl And Interesli Prepayment and Late CdwrQea. Bortower shull promptly puy when due Ihc
<br /> --�"�-' � ;.:�� .'.' principal of end intercat on!he debt evidenced by tho Note and uny prepnyment nnd late chargea due under the Notc.
<br /> '�'�"'��i�';��k ° 2. Ftinds for 7hxes And Insurance. Subject to appiicaMe law or to a written waiver by l.ender,Borrower shall puy to
<br /> ���"�'�'� ;'� � I.ender on the dey monthly payments arc due under the Note,until the Note ia puid in full,u sum("Funds")for:(a)yearly
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<br /> ;��K;,,�,�:• ; teues and assessments which may attAin priority over this Security Instrument us n lien on the Propeny;(b)yearly leasehold
<br /> ti•��-.,� payments or ground rents on the Property. if uny; (c) yenrly haznrd or property inaurance premiumx; (d) yea�ly flond �-
<br /> �"��'�-�': ' insurnnce prcmfurns,if eny; (e) yearly mongagc insurance premiums, if any; end(� any sums puyable by Borrower to
<br /> �•4a�:�:i::�'���'' Lender,In accordance wilh the provisions of paragmph 8.in lieu of the pnyment of mortgage Insurancc premiums. These
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<br /> =-_ — --- items are called"Bscrow ttema.' l.ender may,at any time.collect and hold Funds in on amount not to exceed the max mum _
<br /> ��;�:�`.'°��`4���.w� amount a lender for a federally related martgage loan may rt:quire for Borrower's escrow account undar the federnl Real _
<br /> j='�`"`�' Estate Settlement Pracedures Act oP 1974 as emended from dme to time, 12 U.S.C.$2601 et seq.("RESPA").unless another ___
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<br /> �«,. ;... ;,,., law lhat applies to the Funds sets n lesscr emount. If so,L.ender may,at any time,collect and hold Funds in tu�umount not to
<br /> - - - exceed ihe lesscr wnount. Lendcr msy esdmutc the amount of E�Unds dua on the basis of cucrent data and reasonable
<br /> `��'':}��'x'^:�'•'`f'�'��"�� estimates of expenditures of future Escrow Items or othenvise in accordance wilh applicuble law. -_
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<br /> =�. -�:••:�:' � 'I7te Funds shall be held in an institution whose deposils are insured by a federal agency. instrumentnlity, or entily ��.
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<br /> '� - (including l.ender,if L.ender is such an institution)or In any Federal Home Loan Bank. Lender shall apply the Funds to pay =
<br /> �, the Escrow Items. I.ender msy not charge Borrower for holding and applying the Funds, annually analyzing Ihe escrow =
<br /> �.� . � ;��;"'��i�;1��'= .;, ••�*� account,or verifying the Escrow Items,unless Lender pays Borrower interest on the Funds ar�d applicuble law permits
<br /> '�� " ��;:���.' " � Lender to make such a charge. However, l.ender may require Borrower to pay a one-time charge for an independent reai -
<br /> �r•. . estate te�c reporting service used by Lender in connection with this loan,unless applieable law provides otherwlse. Unless an _.__
<br /> . " ' ��y•"� � agreement is made or applicable lew requires Interest to be paid,Lender shall not be rcquired to pay Borrower any interest or
<br /> " � � �' � � eaminga on the FUnds. Borrower and I.ender may agree in writing,howcver,that interest shall be paid on the Funds. Lendar _
<br /> .• � . '� shall give to Borrower,without charge,un annu�l accounting of the Funds.showing credits and debits to the FLnds end the
<br /> �"'� u se for which each debit to Ihe Funds was made. The Funds are pledged as additional securiry for all sums secured by =_,
<br /> -- .•` � �Ya� Iphi 5s�ecurity Instrumant. --
<br /> �` "���!"y '- If the Ft�nds held by l.ender exceed the amounts permitled to be held by applicable law, Lender shall account ta _
<br /> � Borrower for the excess Fl�nds in accordnnce with the requirements of applicable law. If the amount of ihe Funds held by ��
<br /> . Lender at any time is not sufficient to pay the Escrow Items when due,Lender may so notify Borrower in wrf�ing,and,in _____
<br /> such cuse Borrower shall pay to Lender the umount necessary to muke up the deficiency. Borrower shaU make up ihe =
<br /> '� de�ciency in no more thun twelve momhly puymems,at Lender's sole discretion.
<br /> . • ' �� Upon payment in full of all sums secured by this Security Instrument,Lender shall promptly refund to Borrower any --
<br /> 4 , Funds held by Lender. If,under paragraph 21. Lender shall ucquire or sell the Propeny.Lender,prior to�he acquisition or �R
<br /> " � . � •� sale of 1he Property,shall npply nny Funds held by l.ender at the time of ucquisition or sale as a credit against the sums _
<br /> , � secured by this Security[nswment. �"'
<br /> • • � 3. Applteation of Pnyments. Unle�s applicuble law provides otherwise, all payments received by Lender under
<br /> • ' � • °'' paragraphs I cind 2 shnll be upplied: first,to any prepayment charRes due under the Note;second,to amounts payuble under �'•�_'
<br /> , ' parAgraph 2;third,to interest due;fourth,to pnncipnl due;and last,to nny late chorges due under ihe Note. �.
<br /> �- '" ' 4. Char�es; Llens. Borrower shall p�y all tuxes, assessments, charges, fines and impositions attributable to thc �'-'
<br /> ±' Property which may attain priority over this Security Instrumcnt,and leasehold payments or ground rcnts,if any. BoRawer '"
<br /> ° • '" � shall pay these abligations in�hc manner provided in paragraph 3,ar if not paid in that mnnner,Borrower shall pay them an ��''
<br /> '''-°-'�-`—-"' time directly to the person owed paymem. t3arrower shall prompUy fumi,h w Leinler all iiotices of aniounts to be paid under
<br /> � � � lhis paragraph. If Horrower mnkes these puymems direcdy,Borrower shall promptly furnish to Lender receipts evidencing _••_
<br /> ° • • the payments. �•.-
<br /> • • •= Borrower shall promptly discharge nny lien which has prioriry over this Security I��strumenl unless Borrower:(a)agrees
<br /> � -''"`" in writing to the payment of the obligation secured by the lien in a manner acceptnble to Lender;(b)contests in good fai�h the
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<br /> . lien by,or defends ugainst enforcement of the lien in,Icgal praccedings which in the Lender s opinion opernte to prevent the ----
<br /> ' .�•. �._ enforeement of the lien;or(c)secures from the holder of the lien an agreement sutisfactory to Lender subordinating the lien ""
<br /> � � . to this Security Inswment. If Lender determines thut uny part of the Property is subject to A lien which may attain priority
<br /> ?�� - over this Security Insuument,Lender may give Borrower u notice identifying the lien. Borrower shall satisfy the lien or take �_-?_
<br /> �� i�r'z` one or more of the actions set forth ut+ove within IU duys o:the giving of notice. °"_"
<br /> ° " � • 5. Hazt�rd or Properly Insurance. Borrower shall kcep the improvemenls now existing or hereafler erected on the `��
<br /> , � Property insured ugainst loss by�re, hazards included wilhin the term"extended coveruge"und any other haznrds,including �.
<br /> '' .. tlaods or flooding, for which Lender requires insurunce. This insurance xhall be maintained in the amaunts und for the ���'
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<br /> Form J02J1 9l9Y i/wxe:n)'6puKee►
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