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<br /> • TOG�iI'FiCR WI'fH �ll tlse impco�•emtnta� now or hereaitc� accte,3 on th:���erty�'�ncT'a11`���me� __
<br /> �p�urtenances.and tixturea naw or here�fur�part af the pcoperty.All ceplacemenw and�dditiuns c}ult �u be _
<br /> by this Sacwity Instrument.Alt of the Iore�oin�is reic�vod to�n this Secunty Instrume�t s�tAa"Propa�ty." _
<br /> DORROW�R l.'OVENAN'I'S ttut Borrowa ie bwtully aeieod ot the actnte htreby co�veyaf uul ha9 ttu ri�ht w
<br /> Qrant and convny the Pco�stY and ttut the PtoPorty ia wtie��ur��bara�.e�cept far�:umbrsaca Q!rocord. �m�wer _
<br /> rvarrants�ad wilt deiead Qenzrally ttw titlo to the Propa�ty�nst all cl�ims and d«rn�nds.cubjoct ta�qy encumbMnces _
<br /> ot cacord. _
<br /> THIS SECURITY 1NSTRUII�ENT combinea uniform coverunu foc nationd use tnd nonvnifvrm covuunta w��h
<br /> limited variations by jurisdiction to constitute�uniform eocurity iaSUumcat oo��cti»�reat p�'o�Kl`• =
<br /> UIVIFORM COVfiNANTS.Borrowra'and I.�►det covemnt�nd a�roe as ioll�RS W��d�
<br /> 1.P�ymeat ot Principal acd Intereat;Prepayment�nd Lte Char�es.Borrower shall pramptly�sy
<br /> the�riACiptl ot and intncest on the debt evidenoed by the Note rtnnd aay pcep�Yme��t utd l�te chu�es due under tho Nou.
<br /> 2. Funda iot Taze�and Insuranca Subjoct W applicable l�w or to�writton wtivcs by I.erider. Borrower s1u11
<br /> y to I,ender on the day monthly payments+u+e due under the Nate,until tha hoto is psici in tull,�sum {"Funds")tor.
<br /> (�i)yeuly taxoa u�d�asessnieuts ahich may�ttain ptiority ovet this Security Instrumwt os�licn on the PropettY:(6�
<br /> ye�rly leesehald payments or�round teats on the Property.if any: (c)Yasly havtd ar ProPet'tY lnsuranx premiums;
<br /> (d)yearly flaod insurance pr�m�ume.if any;(e)yearly mort�aYe insuranoe premiums,if uny;and(t)aay sume payible
<br /> by�Orrowa to i.rnder,in accordaaco with tho provisions oi�Ph 8;in liou ot the paymc�t of mortQ�e insur+�e
<br /> pcemiume.Theso itcme uo calied'Escrow Items.'I.enuer raay,ot any Ume,co]loct nnd hold Funde in u�amouat not
<br /> to erceed the muimum nmount a lender for a feder�lly rdated mortga�e lwn may sequire for Barrower's escrow
<br /> socouat under the foderal Real Fstate Sattlement Prooedures Act of 1974 as�memdod fmtn time to time, 12 U.S.G.
<br /> Section 2601 et seq.�"RFSPA")�unlese anotha�law ttut ap�iee to the Funds sota a les�er�moun�If eo�I.eader may.
<br /> at any tim�,collxt asad hold Funds in an amount not co e:oeed the lesser amount,I.ender may estimate ttu amaunt of
<br /> Fw�dS due on tIIe b�of cumnt dsta aad resr,�oaablo estima'ccs ot expenditures of future F�ecow ILems or Atherwiso in
<br /> accordance with a�gSac�bl�law.
<br /> The Fuads st�all be hdd in m institution wl�oee danosits are insured by a taderal a�eacy,instcumanUlity.or entity
<br /> (induding Leadec,it I.eada is such an institutioa)or in sn;{I'~ederal Home I-wn Baak.L�.'nder eha11 apply the Fuads to
<br /> P�Y the�scrow Itema Landec may not clur�o Borrowec foc holdinE and aPP1Ying tho Fuads�umwilly aaslyziag the
<br />- escrow accoun:�or�erifying the Fscrow Items,unles�I�enBer paYa Borrower�ntenst oa the Fwsds u�d appiie�e 1��
<br /> pamits I.ender W m}1ce such � chuge. Ho�rer•er, Lender may eequit+e Bocrower to pay a oae-tnme ehsreo for an
<br />= indepa�dent real estste tax repartin�eervice usod by I�ersdet in oonnection with thie losa.unless ag�cable law provides
<br /> otha•cese.Unless aa s�reement ie m�de or app1�cable 1aw►requires interest to be paid►I.afde�'shall not be reqwrod to
<br /> paY&xrawer aa9 intarest or esmings on the Fuads.Bornower and Lenda'm�y agroe in writin�,however.thsi intaest
<br /> eh�ll be paid on th+e Funds.I.endcr shall give La Borrowa.without char�e,aa uinual�a�ountinE of the Funds�s&+owin�
<br /> credita aad dobits•�3Zse F�mcLs�ad tAe fvr aluch each ckbit to the Funds was made.The Ftm,de are t��d��
<br /> se
<br /> addiuon�l socu�i�fa�r all sums secwod by .. Serurity Iastrument.
<br /> If t�he Fum�t 3��'�by Lasder e�coeed the arnounta permitted to be 6�id by applicabto la�v,I.ess6er shall accouut to
<br /> Botm�r for tbe�cr�ss Funds iu socordaax aith the t�e4exa�mts of applicable lsw.If the amount oi the�'`uads' t,e1d
<br /> bp I.e.azlor at saf ta¢�se is not sufficient to pay the F�cro��terns whea due.Lead�r may so notiiy BorroMer ia s�-ritia�.
<br /> _ __� �_ _._ .r , a . .,.a r�T wnrir,r the amount necreseatY,W make up the deticieacq• Borroper sl�sli m�+c�e
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<br /> up the detieieacy in ao more th�n tw�iva nwattily paYraa�ts,at Ls�c�r s eole d�screbon. �����wa
<br /> Upon payment in fu11 oi all sums exured bq this SecuritY I�s�umrnt.I.eader shsll promptly��. �� ��
<br /> aay Funds held by l.eader. It.usuler parap'aPh 21. I.eixkr stWl 4oquire or se11 tho PropertY.
<br /> acquisition or s�le of the Property,s�helt apply u,y Funds held by I.oad�r at the time oi�cquisitioa or s�10 as i cre�t
<br /> sgtiaat the sums secwod by this Security�meat. � ments reoeived by I�nder undes
<br /> 3. Application of Psyments.Unlces� Icable 1��t cbar �dt�onda'theNote;socou�.t+a amouAta p�yable
<br /> para�rraphs 1 snd 2 sl�ll be appiied:first.to anY P�'�P+Y �
<br /> Uad�+'pmg�'aPh 2:third.to interost duo;foursh,w pcincial due;and last.w aay l�te chuges due cr�cr the Note.
<br /> 4. Chsrja: Lieai. BorroWer ehall p�y all taxes,as�meats,chuCes.finea and impasitio�e attributable to tho
<br /> propex¢y whic8 may attain priocity ovar tbis Secwity Inssrumea�aad 1eas�hol8 pagmeat9 or �rovad rent� if mq.
<br /> BortoRU shall p�y thcee obligitioas ia the m�er pro�ri�ed in prraecaph 2,or if crat p�id in that manaer.B�xrower
<br /> stull pay them oa time diroctly to the perena oWed p�Ymen�Borrower shsll prompdy furnish to Lender a11 notices oi
<br /> amouats to be paid unda�this P�'agraPt�.If Barr°wer raalces theae paYments direcdy.Bor*ower sILll promptly fumisb
<br /> to I,rs�dct roceipts evideacing the psym,entR.
<br /> Ronower shall promptly discbar�a�Y iiea�vbich has priority over tt►is Secvsitg Instrument ualrse Bocm�ver.(a)
<br /> agce�s in writing to the psymeat of tho obiipation sxuced by the lien in a mtnaa o�ePtable w Leader,(b)coetests in
<br /> �ood fatth the lie�by�or d�fa�ds apinst eatorament of the liea in,lepl Prooeedia�whicb isr thz I.esu3et's opinion
<br /> opa�ate to preveat the enforcement of tt�o tiea;or (c)eecure�from t4�e fl�lder ot the liea an eg�uneat satisd�etory to
<br /> I.ender eubordinatin�the lien to this Secwity Inctrumait.If Lenda drtamiaes that iay part of tbe PrapertY is subjoct
<br /> to a lita which may atuin priority over this Socwitq Inswmeat.I.essder msy pve Bortower a notix ideatifyin�tho
<br /> lias.Bonower sha11 satisEY the Iien or t�ke otu or more ot the actions set forth above within 10�ays ot tlna���d
<br /> noticc.
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