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<br /> TO(;FTi-�FR \4'1TIi tll the impro�emcnt� naw or�he�wtt��l rr.nlact m nts And��tians�hsl�l,eo be ca�eerod �-•R'
<br /> .appurtenanc�.s.�nd fixturr�naw or�ecwi�cr u�:,�a!tha�. ���'..• " -
<br /> urr
<br /> by this Security Instrument.All of the foreeoing ia referrod to in th�e Security instrument as the"F'roperty.'
<br /> BORROWTiR COVENANI'S that�r�r�s l��wftu�ll�u be����t farC ncumbr�ncea at ra:ocdhl3orrower
<br /> grant ind convey tho Prope►sy and that p� Y
<br /> warranta and w;��defwid Qenerelly tho title to the Protixrty ag�inst all claims and domands�Fubjact to an}•encumbrsnces
<br /> ot rec�r�.
<br /> '1'HIS SECURITY INSTRUI�IENT combin�s unitorm co�etwnu for nstion�l use ond noa-uniform covenantn W�th � .
<br /> limit:d variatinns by jurir•diction to constitute a unitotm securit9 in�trument covecing real pcapertY•
<br /> UNIFORI��COVfiNANTS.Borrower and I.ende+'covenant and a�ree as foilov�s: when dua �^.
<br /> 1.P�ymeat o!Principsl and lnterest;Prepaymeat md Iat�Chu�GS.Borrower shill pramptly pay � _
<br />. the principal ot u►d interest on the debt e�idencod by t}►e Noto and any prepsYment and late chorQea dua under the Noto.
<br /> $otrowar shall
<br /> 2. Fuads tor Taxes and Insur�ents�re due unader the Noto,until the Note s paid n full�a sum ("Funds")tor:
<br /> y to I,ender on the day monthly pxy '
<br /> �)yearly taYes tnd ds5essmeats which may atuin priarity over thia Socurity Instrument as�lien'a�Wth�ecPrpP���ums,
<br />' yearly leasehold payments or grouz�d rents on the PropertY�if�ny��c)Yurly hazard or proPertY �,_
<br /> (d)Y�ly����urance promi���with the'rocvi�sions olgpu'agnPh a�n eu he��+ayment oi mortg�e n�uyrance —
<br /> by Borcv��:so Ixnder.in�cc�or P ..._
<br /> ' promiums.Thae itoms are cslled"Fscrow Items."Lender may.at any time,callxt and h ud�Ff T����8��ro°v —�
<br /> to exceed the maximum amount a leader for a federally nlated mortgege loan mpy req �
<br /> a000unx u��r the federal Real Esu���em�t Proc°durcs act of 1974 as amended from time to time. 12 U.S.C. �,
<br /> Section Z(i0l et seq.("R��'Aw),u���other law that applies to the Funds sete a lesser amount.It eo.Letidw'may, �
<br /> � at�r+y time,collect and hold Funds in an amount not to exaed the lesser amount.I.ender may esrimat�the amount o
<br /> �_
<br /> Funds due on the bLSis of current data and ressoasble estimius oi expenditures of futwa Escrow Items or othorwise iA ��
<br /> aoc�rdance with applicable laa. � �insurod by a foderal a�enaY�instrumentality,or entity --
<br /> The Funde shsll be held in an institution whose d�P�i !
<br /> (incluciiwg Lender�if I.�nder ia such an inatitu e Borrower�t o hold g and ap lyin�th Funds. ann��ua1P y tanalYzing h F=
<br /> � p�y the�,,.row Itema Lender may not cturg s go�wer intecest oa tho Fwtids and applicab��lpw -
<br /> ' �scro� c�unt,or verifyiag the Escrow Items,unless I.ender Ps�Y �� ��w«, � �y a o���me charee fcir an
<br /> i ��_�],,�der to make such a charge. However,Letsda' iniY t'e9 licablo bw cides
<br /> indeper.�ea4 re�l estate tss reporting servix usod by Lender in connection wiL�this losn.unless app' P�
<br /> Lender shall not be roqwral to
<br /> ot�erwi.�e,Unless m aYreement is made the Fund�sb.1Bomo�erwan�d 1Le de�r m,y s�in writin�.however.that interest
<br /> - piy Boacower my interest or eamings ve to Borrower,without charge.an annual aa�ounting oi the Funds.showing
<br /> d oa the Funds.Len�r s�s11 gi �1Of
<br /> - ����' for which each debit to the Funds was made.The Funds u'°Pl°d�od as
<br /> crodits and debits to the Funds attd 4i�e purpose
<br /> �ddition�]secwity for all sums securod bY this Se�urity Lsawmeat. licable lsw. I.esxler sha11 accAUat t°
<br /> If the Funds held by Lender cxaed the amounts permitted to be held bY aPP
<br /> Borrawer for the eicess Funds in accordance with the roquirements of appli�desamay�otify Borrower�n wnb 8
<br /> by I.etukr at�ny tima is not suf�cient to pay the F�ctnw Items wlun due�
<br /> u►d�in such c�ee Borrower shall paY to Lenda the unount s�cessarY to make up the deticiency.Borrowcc stuU make
<br />_ up ffie t'stliciencY in nv z.��r�t,L,:is 5��:1:M mL+!+!htv r��aymmtc.at Letida'�s sole discretion.. . �iu��:�E..,-zra°:�
<br /> = uPoa P�Yn►eat ip fu11 af alll��p y this Secursty Iastruma�t,I.ender snatt promPdY or to the - - -
<br /> my Funds held by Leisder. If� h 21� L�ender stull acquire or sell the Property, I.eader. Pri
<br /> kquisition or s s le o t t h e P r o p e r t Y.e h a l l a P P�Y�Y F��h e l d b y I.ender at the time of acquis�tion or sale a9 s cs'edit
<br /> �ainst the sums securod by this Socwity Instrument.
<br /> 3. Application of Psymeats.Unlcss applicable laW pro�+ides odthera'i��l��������moun�Y�
<br /> parap,caphs 1�ad 2 shall be applied:first,to onY�'ePsYmeat chuges d��r the Note.
<br /> �Pu'�SnPh�+third,to interest due:fourth�to pnnciPa due:and last.to aay lau c�ar�es tioas stuibutable to the
<br /> 4. (:hsr=es:Lieas. Borrower shall psy dl taYes, as�m«�u.ctnrges.fines ind imposi
<br /> pr�perty�rhich map attain priority over th�a Secwity lnsuument•and �bfl f notm d in tha�manaer.Bo�rrowa'
<br /> Borrowa sh�ll pay these obligatioas in the manner providod in paraBraP 2 wnish to Leader all aa2ices of
<br /> shall pay them on time dirxtiY to t1u P�rson owed payrnent Bomower shsll pcnmptlY
<br /> trnounts to be paid unckr this psraBriPh•
<br /> If Borrower m�kes these paYmeats directly,Bornower ct�all PromPUY iurniah
<br /> t�Leada'racapts e��idencing the paymeuts.
<br /> :s Borto�ver elut4 promptlg d'sschar�e aay lia�which tus pciority ocer thia Secwity Instrument unlese Borrower: �
<br /> meat of the obli uon securod by tbe liea in a muiner acoePtible to Lender;(b)���n
<br /> = igrees in writiag w the p�Y � �n which in the I.ender�s opinion
<br /> i Qood futh the liea by,or daieads a�ainst eniorcement ot the lien in,legsl procoed' �s
<br /> � opp.�u to preveat tbe eaforcemeat oi the lien:or(c)eaures from the holda of the liea� of�tlu Propertq s s�u�"t
<br /> La�der sutsordimtcu�the iien w this Socurity Instrumen�I!Lender deurmiaes�e Borr�wer a aotioe idont�fying the
<br /> = to t lien which may att�in priority over thie SecwitY In�ument,Lender may gi
<br /> � �1� �.rowa s��l�satis{y the licn or talce oae or more of tha actions aet forth above aithin 10 days of the giein�of
<br /> tnotice.
<br /> Frr�302� !/
<br /> ��u:�aio• �•�• a•�s iniit�tu�/�
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