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<br /> ' TfxlETHER WITH�ll 1ho lmprovemenre now or herwtier erocted on the property.ar�ii.al�m nts.�ppurtenonaa,and
<br /> �""�_�y� -- fiatutes n�w or hereafter A part of the �+rapeAy. All replaoements an�1 additians shall �I�o be covorod by thL Skcurlty
<br /> - ln�tmment. All af the foregoing is refeRed to in d�is Securlty In+trument as the"Property."
<br /> BORROWER COVENANTS that Borrower is IawPolly cefsod of the e�tate hereby conveyed end has the dght to grAnt and
<br /> .. -� �, ' � comry the Property end that the Prapetty ia unencu�tberM,oxcept for encumbrances of retord. Borrower warnnt�and will
<br /> defead generally tho title to the Property agaimt all claims and demendc,subject W any encumbrences of record.
<br /> -�� THIS SGCUWTY INSTRUMENT combina uniform covenanta far national u�ee smd non•uniform cavananir w11h limitod
<br /> �'ti� v�aions by Jucicdiction to wnsdtute a unlform axurity lnstrument covering real property.
<br /> � UNIFORM COV�NANTS.Borrower and L�mder cavenarst and agree as follows:
<br /> .,,,a;;,� : ' • 1. Pnyment of PrincipW and lnterecq prepAyment and I.�te Clu�rges. Borrower ahall prompdy pay when due tbe
<br /> ��'�.,_„��� prin��ipal of wW interest on the debt evidenced by the Note und any prepayment end late charges due under the Note. �
<br /> ----��V;�:=�,� 2. Funda for Taxes And Insuennce. Subject to applicable law or to a wrltten waiver by l.ender. Horrower ahall pny to
<br /> �e.-������ Lender on the day monthly paymentx arc due under the Note.until the Note is paid in tl�ll,a sum("Funds")for. (a)yearly tanes �
<br /> — �.��:'� and assessrnenta which may attafn priodty over this Security Instrument as a lien on the Praperty;(b)yearly leasehold payments
<br /> �'y"'�`'k�'�;�� or ground rents on the Propeny. if any;(c)yeuly ha7ard or property insurance premiums:(d)yearly flood insurence premlums,
<br /> � t��"�~'�?'� if any; (e)yearly marlgage insurance premiums.if any; and(� any sums payable by Borrower to L.ender. in accordance wilh
<br /> '��y'��"�`�� the pmvisionc of paragraph 8,in lieu of the pryment of mo�tgege insurance premiums.These items are called"F.scrow Items."
<br /> __ „�' �,, [,ender may,at ony time. collect end hold Funds in an amount not ta exceed the maximum amount a lender for a federally
<br /> �''�"�' ��.� ' relatai mortgage loan may nequire for Borrower's escrow account under the federal Real Bstate Settlement P�ncedures AM+nf
<br /> -- -- ���-.y`" 1974 as amended fmm time ta time, 12 U.S.C. SecNon 2601 ct seq. ("RESPA").unless unother law that applies to the Funds
<br /> '�''�'�" '� �' se�g a lesscr amount. If so, [.ender may. at Any Ume, callect and hold Funda in an amount not to excxed the lesser amount.
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<br /> •a�:-_,�,..ag� , t;�.. ,.;:F l.ender may estimate the amount of Funds due on ttie basis.of current daw and reasonablc estimates of expenditures of future
<br /> Fscrow Items or atherwise in accordance with applicable law.
<br /> ''`'"''� ' The Funds shall be held in an instiWtbn whose dc sits are insured b a federal a enc . instrumcntali or enti
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<br /> °,,� „ (including Lender, if Lender is such an institu�lon)or in any Federal Home Loan Hanh.L.ender shall apply thc Funds to pay the
<br /> -f`��Y�'`��''-�='.:'"' �~"` Escrow Itema.Lender may not charge Borrower for holding And applying the Funds, annually analyzing tl�e escrow account,or
<br /> - ��� , _ verifying the Escr�w Items,unless l.ender pays Borrower interest on the Funds and applicable law permits I.ender to make such
<br /> ��' �I° a charge.However,Lender may requirc Borrawer to pay a one-time charge for an independent real estute taz reporting service
<br /> =->� ���' '��'. " used by Lender in connection wlth this loan, unless applicablc law provldes athenvise. Unless an agreement ia made or
<br /> -�� '•:ti��•� '' : applicsble law requires interest to bc puid, Lender shall not be required to puy Borrower any interest or earnings on the Funds.
<br /> �����`���--___ Borrowcr ond[.ender may evrer in w�it;ng, 4x�wtver, thet lnttmst shall 6e psid on the Punds. Lender sha!!gfve to Horroster,
<br /> �"9� ., � . without chnrge. an annual accounting of the Funds. showing credits �nd debits to the Funds and the purpose for which esch
<br />_ , „ •, ••y` debit to the Funds was made.The Funds ure pledged as additional security for all sums secured by this Securfty Instrument.
<br /> . ,� � - ' If the Funds held by L.ender exceed the amounts permitted to be held by applicable low, Lender shall account to Borrower
<br /> '�`� ���" �� � � far the exces!Funds in accordance with the requirernents of applicable IAw. If the amount of the Funds held by Lender at any
<br /> -��`�-_� ' � '" � time is not su�cient to puy the Escrow Items when due, Lender may so notify Borrower in writing,and,in such cuse Borrower
<br /> ���.� �:�!'c1�?:"�'`� + shull pay to Lender the amount necessury to make up the deficiency. Borrower shall make up the def�clency in na more than
<br /> . ��N'��_• „ • twelve moneMy pAyments,nt Lender's snle diurc�ion. -
<br /> �;� '. ,� •' `. -.: Upon payment in full of ull sums sccured by Ihis S�xurity Instrument, I.ender ahull prompdy refund to Borrower any
<br /> �' - ''"� N'� Funds hcld by Lcnder.If, undcr parAgrnph 21,L_ender shull acyuire or sell thc Property,Lender,prior to the ncquisition or sale
<br /> � �'� of t6e Prapeny, shpll Apply Any Funds held by Lender ut the timc of acquisition or sale as a credit against the sun�s secured by _
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<br /> �,�. :.,�,;,,.�,., .. this Secudty instrument. _
<br /> .� .�N����� .. 3. Application of Payments.Unless upplic:able Inw pmvides nthenvire,ull puyments received by L.ender under paragraphs =
<br /> ti'' ���_.�' I und 2 shnl l be applied: first,to uny prepuyrnent charFes due under the Note; secnnJ,to amounts puynble under puragraph 2;
<br /> v:'''., • .�,� ° � U�ird,to interest due; fourth,to principal due; und la��,to uny late chargcs duc undcr the Note. _
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<br /> �''• °� �`�'� � 4. Charges;Uens. Borrower shull pay all twces,nssetisments,churges, fines and impositions uttributable t�i the Property -
<br /> r��� � �•� " ,:.^.��, which may alta�n prinrity ovcr this Security Instrument, und leasehold payments ur�round rents, if any. Borrowcr shall pay
<br /> '� ., , ',{�:'�'' . these obligutions in the munncr provided in pams�aph 2,or if not pnid in tha�manner. Burrowcr shull puy thcm on time dirctidy
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