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<br /> TOGETHFR WITH aU ttic impravemcn�s now on c�rcaf�cr crccud on thc Pro�pc.rtY. and al!c�scments,APPurtcnances,and
<br /> Cueturts now or hereaf�ct�p�rt of thc propertY.AU rcpL�u:r.mcnu anA a3ditions shzlf also be covereci by ihis S�urity lnsuumcnt. _
<br /> All of th�forcgoin�is referred to in this�ecuriry inswment�c the"Rop�:rty." -
<br /> BORROWER COY�VAN"fS thai Borrowcr is lawfully scisad of thc estaic hcrcby cor�re��ed and has�he nght to grant and ;
<br /> convey che Froperty and thu the Propeny is uncncumbercd, cxcept fw encumbr3nces of re:,ord. Borrowcr w�arsa�ts aad will _
<br /> d;.}cnd getu.�alty the title to Ihc Propetty t�ainst all claims and det»nds,subJ�t w aAy eacumbrances of record. _
<br /> TH1S SECURITY INSIRUMEI3T combines uniform coveaanu for nationssl use and aan•uniform cove�anu with limited _
<br /> ; vari�tions Dy jurisdiction tn coristiwtc u uniform securiry insuumcnt covcrin�rcal pro�t.y. �
<br /> UNIFORM COVFNI�M'S.13r,imwcr and l.,cnder covenant and u�rce ws t4Uaws: -
<br /> i.FzymQUC ot'Priudp�t w�ci�Iulr��esl�T't-e�:cymeot�nd I.ate CUarges. BoirrW:s �:.a:l pF�ompdY PaY wr,cn due the =
<br /> princi�l of�nd in��n di4 deCc e�adenced Dy the Note and anY W�Y�t��c:..36:s due under the Note. _
<br />- 2.Funds tur Taxes sad Inucranre. Subjoct ta applicabk law or w a written w'zi�'ar by 1.ender. BorroWu s�U Pay t° _
<br /> Lendu on the day moathlY P�Y�� are due under the Note,unW ttse Note is paid in full,a suru("Fuads")for: (a)ye�rly taxes _
<br /> md assessme�nu which may at�ain prioriry ovu this Sxuriry Iasuumcnt as a licn on the Prope.rty (b)Yearly leasehold paymeats -
<br /> or ground rents on tt�Propaty.if any:(c)Yearly ha�rd or property insurynce pn,miums:(d)yearly tlood insurance premiumt.if -
<br /> �nY;(t)}early mortgage iau�rance premiums.if any:and(�anY sums WYabk bY Bacrower a l.ender.in�ccordance with the -
<br /> ptovisions of para�rt�pb 8,irw liw of tbe pf►Yment ot cr�on�a�e ins�upnce pcemivau.T'hese iums are called "Fsemw 1kms."
<br /> l�eader m�y.a any tieae.colloci�nd hokf Fwnd�in�n unount noc w exceod the mauiraum amoum a k�nder for a foder�ly reW�ed
<br /> mat�aQe Inaa rtuiy roquire for Borrawer's esctow account under the Eedera]Ra! EsWe Settlement Proc,eEuros Act of 19T4 af
<br /> •akndod(raa tiWne a tlmo.l2 U.S.C. Sxtiort 2601 et,ttq. ('RESPA").un{ess�twther bw that�pplles W Itlra Funds sas�ksut
<br /> �ounG It w�L.eada ttuy�at �ny titne, calJect and l�old Funds it��n �rtw«at not w exceed t,be ksset anauat LRa�det aaay
<br /> estia�e the anwunt of Ftu�doe on the batis of current d�u�ad reasocnble atima�es of eacpendltutes ot fuwre Escrow Itaas a
<br /> otberwi�e w a000td�u'�e wid�applic�bb Lw.
<br /> The 6ur�sliaU be beld ia�n instiwtion whose deposits ue inswed by a fedual Agency,instrwnentaliry�ot entity(incWdis�
<br /> L.eadet�if L�cxide,t is sueb�a instittution)or in u�y Fedual iiome Lom Ban1c.Lender sh�11 apply the Funda co pay the Estrow
<br /> Items.l.er�det may not ch�e Barowu for holdin�and aDplying the Funds.annually analyzing the escrow�ccoun�or vuifY�B
<br /> che Fsaaw Itaru.unkss l.a�der paYs Borrowu inwest on the Fuads and applicable law pem�icc L.ender w make such a ch�rga
<br /> Howova.L�der ntay iequire Bo�rowu to pay a one•time charge for aa independtni real estau tax reporting urvice used by
<br /> Ltader in connectioa with this lour, unkss applicable law provides othvwise.Unkss an agreement is made or stpplicabb law
<br /> roquires inGarest to be p�id,L.etuler sh�ll not be required to pay Bomowa at�y ituerest or eamings on 1ht flu�ds.Barowv and
<br /> L,ender may agrr.e ia writing.however,that intaest shall be paid oa the Funds.L�eader sh�U give co Fi�.�sowa,without cl�rge,au
<br /> aaaual Acw�atitiB of the Fusxls,sbowiag credits atW debits to the Fuads and the purpose for��hicb each debil to tha Funds wa4
<br /> � Qsade.'R�e Fuads are pledged as addition�l security for�ll swns soc�red by th�s Suurity I�osavmr,nt
<br /> If tbee Funds held by l.asder exceed ttu amouats permitted to be beld by a�pplicabk law,Lender sball accuunt tn Bomowe for
<br /> _ _ �-���.,,�,��;..�,,.,,r�,t„nrr wich�e reouir�ts ot'aa�licabk law.If tue�saount of the Fw�ds 6eld by Le�det at wy time i� .
<br /> : na sufficient a p�y the Fsaow Uems whea�e.I.end�er may so notify B�r�x�ia�.�g.and,in sucb case Borrowa sb�D px�
<br /> � n La►der tt�e a�nount nxe�ssar!to m�lce up the deC,cie�cy. Borrowu s6a]1 csslct :��he det`uiwcy in no mece tbsn twelve
<br /> monthlY P�Y�u,at La�der's sote discredor�.
<br /> UP�P�Y�ia fu11 of aU svms socuzad by chis Securiry r��*,:�::;,L.auki sts�Il prompdy refuud co Borrower�y FiuWs
<br /> ' he7d by I.eadv.�f.�uWer prrag�pb 21,Leada sl�all acquire or sell the Frope�ty.Laider,Drior tp N�e acquisition or sale of tbe
<br /> ' proQexcy.st�atl app1Y anY Fw�ds held by Lender at the time of acquisitioa or s�e as a credi:a�st the sums sacurod by d�is
<br /> S�itY Ia�uase�L
<br /> . 3.Applicatjon at Paysestt. Unless applicabk law ptovides otberwis�,all paycr�ts receive�d by L,ender turdet par�graphs
<br /> 1 �ad 2 shall be appliod:ficst.a anY P�Y��Ses due unda dse,' • socorrd,w amo�acs payable nnda para�ph 2:
<br /> third.w intesrs�due:fourth.to priocipal due;and last.w aay We chnges ccx under tlse Note.
<br /> . 4.Char�a:Lims. Sorrowa stiail pay alt taxes.assessma�ts.ct�arYes.fines aad imposi000s amibut�ble to the Property
<br /> wbic.h m�y att�ia prioritY uvex thu SocuritY rn�,,,,���ud 1wselwld paYmeatt ar P,ew�d reau.if aay.Bamwer shall pay these
<br />— obiigatioas in the rr�nrur providal in p�aph 2,or if not paid ia tLat maaner.�acro�ver shaU pay them on�sae d'ancdy to tLe
<br /> - pason owed payma�4 Barowa shall prempdy fumish to I.a�der a1] aotiees of amount�tn be �id undes this p�ph. Ii
<br />— gorrowes makes thtse pa�ytneau direcdy.Borcowex s1�11 promPdY fumis'�to l�endet receiptS e�•ideaciag the paymtnts.
<br /> � 8arowu shall promptly disch�rge any litn whiah has priority over�is Sxurity L�swment u�less Borrowa:(�j agrees in
<br /> writing to tne payment of�he obliga�ion secured by tbe lien in a n��es accep�I�e w�ender:(b)contests in good faith tbe lien
<br /> � by, or dcfends agsinst enfa�+cement of the lien in, kgal proceecliags whicb ia tSe LKnder's opiaioa opa�ate to preveai the
<br /> , eaforcaneru of the tien:or(c)sxures from the holdu of the liea aa a��ment satisfacto*Y co Lendcl wbordinating tbe lieu w
<br /> ttis Security Insa�unuat ff I.mda deurmines that any part of the property is subject to a lim w•hich may attain priority over this
<br /> `• Security Iaswcruru,Lender may give Borrowar a norice idauifyiaa the lie�.Barower s6all satisfy the liea or rake oue ar more
<br /> of th�e�ctions sei fonb above witt►in 10 d�ys of the aiving af noticx.
<br />.— Form S02i �/AO
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