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<br /> ���a � TODETHBR W 1'fH all the improvemenl9 naw or hercufler erected un Ihe properly. wcd all e�emrnls.rppunenunce�,
<br /> uKf fiztums now a tNeroaF�er a pun of�he proprny. All rcplucemcnts and u�kli�ian��hull ulru bo cuv�nd hy thl�Secueily
<br /> Inwrumen�. �►II af thc f�xe�oin�{s rrfencd to in thi�Securily lo9trumeat a�the"Pmpeny.»
<br /> -- - BORROWER COV�NANTS thut BaROwer i�Ipwfully cei:ed of Ihe alotc hereby canvcyed and har the rl�hl to arant
<br /> _- "� md convcy the Pmperty und thut ihc Propeny Is unencumbercd,exccpc for encumbrancex of recurJ. Brxrower wuruus and
<br /> - wiil dePend�enerally the dtle to tho Property aQuinst all claims au1 demunds,�ubJect to any erK;umbraxes af acurd.
<br /> �e,�.�;�„� THIS SBCURITY INS'fRUMENT combines unifortn covenrnts for nutionw! use and non•unlform wvenanu wilh
<br /> =—• Umited vuiAtiana by jurisdicUon to ronuiwte u uniform aiecu�ity in�wment cavedna rea!property. ---
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<br /> �`i�- ----- UNIFORM COVBNANTS. Borrower and Lender cavenant and agree w followa:
<br /> ��=�� 1. Payment o�1MncIpAl and Interest=Prepnyment aad Late Char�a. Borrower shall prompUy pwy whan due the
<br /> ---- -"`°�`'� p r l n ci of and ieterest on the debt evldenced by the Note and any prepayment nnd late charges due under tha Note. �
<br /> �'.�xc,.. �,;.� �Fund�tor'I1�ces and lnwrAace. Subject to applicable luw or w a written waiver by Lende�.Botrower stwll pay to
<br /> �?= "`� ` Lender on the dny monthly payment�un due under the Note.undl the Note is paid in full,u sum( Fu�ds")for.(a)yearly
<br /> `��'�'��' �� taxes and�ssea4ments which may uttein prioriry over this Security Instniment as a lien on tho Property:(b)yeorly leaaehold R .
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<br /> pwyments or ground cents on the PropertY. lf a�Y: (c) yearly hnzurd or property insurance Qremiums; (d) yeurlY il
<br /> c�_�Y.:r�: .�.� insurance premiums. if any; (c)yearly mortgage insurancc �rcmiums,ff ony: and (� any aums paynble by Horrower to
<br /> ���,,��,��r��� Lender.in uccordance with the provisions of parogrnph 8,in Ileu of[he payment of monguge i�sumnce premiums. These
<br /> � items are culled"F.scrow Items.' l.ender mny,a[any time,collect and hold Eunds in an amounc not to eaceed the maximum
<br /> ---�� "y""`-`�'� amount a lender fa n federally relnted mongnge loan muy rcquiro for Borrower�escrow account under the federal Real
<br /> '''"`�`-'"''��; Estute Senlement Ptocedures Act of 1474 as amended from dme to time,l2 U.S.C.$2601 et seq.("RESPA"),unless another
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<br /> ,�;'t,1*�'�-;� law that applies to the Pbnds sets n lesser umount. If so,Lender may,at any dme,collxt and hold Funds ia on amount not to
<br /> ��- �"�-yrr�-r`*d.�wsu* c . exceecl the lesser amount. Lender may esdmate the umount of R�nds due on the busis of cwrent deta and t�easonnbk __
<br /> �'�: .��-,..�,:. � ,��.. estimates of expenditures of futurc Escrow Items or otherwise in accordance with upplicable law.
<br /> -"`'����''��"�'-"`.}�'r'r'' The Funda shall be heW in an institudon whose deposits are insured by u federal ager►cy.insuumentality, or enNry -
<br /> ��''`_���`'�'��"��'�''"r' (including Lendar,if Lender is such an institudon)or in any Federal Hame Loun Bank. I.ender shall apply the Funds to pay
<br /> _ �,,,u.��,;;�;;�,,i,;,;�;�,,r;r, the Esemw Items. Lender may not charge Horrower for holding and applying the Funds.annually analyzing the escrow
<br /> eccoun�or verifying the Escmw [tema,unless l.ender puys Borrower interest an �he Funds and npplicable law permits
<br /> r;��- �•� r r : Lender may requirc Ho�rawer to pay a one•time charge for un lndependent real
<br /> _ s,,. , ��t:= Lende�to make such a Cherge. However,
<br />_i;��;;' , _, � •;f(t�;;rr,�•. estate tax nporting service used by Lender in connection wi�h this loAn,unless applicuble law provides utherwise. Unless an
<br /> • ,f'�,;;t�. a g r e e m e n t i s m ade or a p plicable law re quires intercst to be puid,Lender shall not be required to pay Borrower any interest or
<br /> - �:�, :`;ir��:� •.-, � eurnings on the Funds. Bo�rower and Lender muy agree in wridng.however,that intarcst s h a U b e p a i d o n t h e F u n d s. L e n d e r
<br /> ��'� � � �� • shall give to Borrower,without charge.an su►nual uccoundng of the Funds,showing credits and debits ro the�unds and the _
<br /> --;--�--�:-.:;.: which euch debit to the FLnds was mude. The Funds are pledged ns addidonol security for all sums securcd by
<br /> � :.:��1.� „,;s,,, ' thisSecurirylnstrument.
<br /> - : ';' If the FUnds heid by Lender exceed tirc m��i►unis irerm;ncd=a � tu�d by spplfcable ls�v.Lender �hnll accounc [o _-
<br /> � ; Bortower for the excess Funds in accordance with the requiremenu of applicuble luw. If the amount of the Funds held by ��,
<br /> ° �°.�. •��"., �� Lender at uny time is not sufticient to puy the Escrow Items when due,I.ender may so notify Borrower in writing.and,in
<br /> �=��� • ;� such cuse Borrower shail p�y ro Lender the nmount necessary to make up the deficiency. Bomower siwll make up the �
<br /> ,:;�:ai► deflciancy in no more than twelve monthly payments.�t Lender's sole discretion.
<br />_�;� ° � . " Upon payment in full of�II sums secured by this Securiry Inswmem,Lender shull prompUy refund w Borrower any ---
<br />:--R�� � Funds held by Lenctee If.under pnrograph 21,Lender shull acquirc or sell the Property.Lender,prior to the pcquisiaon or �;._�
<br /> , sale of�he Properry. shsdll applY anY Funds held by Lender ut the time of ucquisition or sule as a crcdit s�ainst the sums
<br />'"�"=.� . secured by chis Security lnswment. `"-
<br /> ,�'��'�'tl� . ;.. 3. Applkatbn ot Puyments. Uuless upplic�ble luw provide�otherwise, ail payments receivnl by Lender under e �
<br /> - �=� pamgrophs �and 2 sh�116e upplied:tirst,to any prepayment ch:�rges due under the Note:second,to amounts payable under t.�� =
<br /> _'��'�� ; para�raph 2:third,to interest due;founh,to principal due;and last,io�ny I�te charges due under the Note.
<br /> 4. Cbar�e�; Lkos. Borrower shall pay all t:uces, assessmenis, charges, tmes and impositions atuibumble to the
<br />.:��.. . •• " property which may attain priority over ihis Ser.urity Insttument,su►d leuehold payments or ground rents, if any. Bortower
<br /> --,�_ -�.v+e++���...••a� . shnll pay thcu��i+lig�tianc in the msuu�er provided in parag�ph 2,or if not paid in that manner.Borrower sh�ll pay them on _ _
<br /> ''- ���' '�-��•�� qme direcdy to the person owed payment. Borrowc�shall prompdy fumish to Lender all nonces ot amounts ro be paid under
<br />_'t�;=� ' �� this parograPh. If Bortower makes Ih�:se paye►rnts direcdy.Bomnwer shalt pmmptly fumish to Lender receipts evidencing
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<br /> •- � Bo�irower shall promptly discharge�ny lien which has prioriry over this Se�uriry Insuument unless Borrower.(a)agrees 4 _
<br /> � (n writing to�he payrt�ent of the obligation secumd by the lien in a manne�ucceptuble to Lender,(b)conrests in good faith the
<br /> '-��'� lien by,or defend,ugtinst enforcement of the lien in,legal praceeding+which in the Lender's opinion operute to prevent 1he _
<br /> ;-� enforcement of the lien:or(c i securcs from�he hulder uf�he lien,u► agreement satisfactory to Lender subordin�ing the lien
<br />:��`' .. � to this Securiry Insuvment. If Lender determines that uny p:ut of ihe Property is subject ro a lien which may attain priority
<br /> - . over ti�is Security Insuvment.Len�r m�y give Bomower a nouce identifying the lien. Bomower slwll saasfy the lirn or take _
<br />- " , .� . one or more of the�tions set f�xth;►bove within 10 days of tha giving uf nutice. _
<br /> "' • 5. Huzard or Property Insuraace. Burruwer shall keep the �mpro��ement�now existing or hereafter erccted on the �-;
<br /> property insurcd ag:ainst loss by fire,hazuds incluJcK1 wi�hin ihr term"ex�endrd cuvrrage"and:uiy other 6uards,including �
<br /> floods or tlooding, for whKh Lender reyuirr� insurunre. This insurance sh�ll tx maintained in the amaunts und for the
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