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<br /> 'CUOETHER WITH all the improvements now or ticmaitcr encted m� ►he prop�rty, nnd nll ensemex�ts,
<br /> uppurtenc�ces. and fiatures now or herenller u part of the propeny. All eeplacemente nnd ed�i�lone et�all nl6o be cavered
<br /> - by�his Security bisRrurnent. All of Aie foregotng ie referrecf to in this Sa.�cudty Insuumr.nt a9 the"Prapeny."
<br /> �i Ek�xaowca Caw:Nnnts thot Botrowcr is IawfuUy�cised of thc cstatc hcr�by cunvcycd nnd has thc right ta gcant and
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<br /> convcy tlie Property and that the Propeny is unencumbercd, except for encurnbrunces of rcY:ord. [3onower waminu c+nd
<br /> 5 will defcnd genernlly tl�e tiile to the I�ru�xriy against all clnims a.nd dem�nds,sahject to nny encuntbrinces of record.
<br /> F,� 'fites S�:cuRiTr INStauM�Nr wmbines unifortn covenanta �'or notional use and non-unifonn covenants wlth Ilmited
<br /> varintions by judsdictlon to constitute a unifoim secudty instrument coverin�real property.
<br /> . UNiwRn�CovF.x�N�s. Bonower and Leadercovenant and ageec av followe:
<br /> •��*"'"�` 1. Poymu►t ot�rincipal and Laterest; Prepaymeat and LAte Chary�es. Borrower shall promptly pay when due
<br /> � •• � �-''"�'' ` thc priucipal of end interest an the debt evidenced by�de Note and any pcepayment und late charges due under the Note. �"�'
<br /> 2. Fund9[�r Taxes and InsurAnce. Subject to applicable law nr to e written waiver by�Lender.Borrower shall pay
<br /> to Lendcr on thc day monthly payments are due uncier the A�ote, until thc Note ie paict 1n full,a sum("Funds")for: (a) �=:,
<br /> • yearly taxes nnd assessments which may attain prlority over thie Securiry Instrutr�ent as a IIen on the Property: (b)yearly �_._
<br /> leasehald payments or ground rente on the Propeny.tf any (c)y�arly hazard or property iasuranc�premiums: (d)Ye:ulY °
<br /> t1o�A insurance premluing, if any;(e)yeazly mortgage insuiance premlum9, if uny;and(�any siuns payable by Boaower "°""
<br /> ta Lendcr, in accoadance with th:provlsloas of paragraph S, in lieu of the payn�ene of mc�rtgage insurance premtuu�. �'•_'
<br /> 'It��se items are called "Escrow It�mv." l.ender n�ay,et any cirae.collect and huld Funds in an amount aot t�o excecd the �;�__.
<br /> � maximum omount a lender for a federally related mortgage loan may require for Borrower's escrow eccouat under the �'---
<br /> � federal Rea! Estate 5ettic�nt Procedures Act of 1974 as emeadod ftom dme ro time. 12 U.S.C. $ 2601 et seq. __
<br /> ("RLSPA"). unless�►ather lat��that ap llrs to the Funds sets a lesser amount.If so,I.ender may. at any time.collect aad �4 _
<br /> ; hold Funds in an amount not to exc�the lesser amounc. Lender may estimate the amount of Funds due on the basis of F�_-
<br /> � � currcnt data as►d reasonable estimates of eapendltunes of future Fs�row Itetns or otherwise en eccordance with epplicable �.-
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<br /> 'Ihe Funds shall be held in an insdtudon whosc deposlta ene iasured by a federal agency,L�stnuneatallty.or entity
<br /> includin Lendcr. if Lxnder is such an iasdtution) or in any Federal Home Y.oan Ban1c•1.ender st►all aPplY d►e Fuaris to �'
<br /> pay the Essrow Items. Lender may not c harge B orrower fo r h o l d i ng a n d a p p l y i a g W e F u n d s, a n n u a l ly a a a l y z i n 8 t h e �«_
<br /> escrow accoun[.or verifying the Escrow Iteaas,unlas Lender pays B ormwer interest on the Funds a u d�pplicable law _
<br /> emits L.ender to make such a charge, However, I.ender may require Borrower to pay a one-time charge for an ___.
<br />�._�;,, �depeadent rea!estate tex reporting service used by Lender in connection with this loaa,unless appllcable law pmvrdes _
<br /> '�,`��r otherwise.Unless ao agrc+ement Is made or applicable law requires inte[rst to be paid. Lender shall aot be requiced to pay -
<br />� Bornnwer any int.rat or earntngs on the Funds.Bc►xmwer and Leader may ag[oe in writinB.however,that interest s6a11 be
<br /> ' „ paid oa the Funds. Lender shall give to Boaower,wi�haut charge,ea annual eccounting of the Funds.showing credits aad
<br /> ¢ehicc to the Funds aud the purpose for which each debit to the Funds was made.The Funds are pledged as addidoiul
<br /> "• ' , yxurity for all sum�sacured by t�his Security u�strumrnt.
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<br />- If the Funds 6eld by Leader eaceed the aarounts petmittod to be held by applicable law. L,ender shall xcouat to
<br />- ��rcower for the excess Funds in eccordauce with tbe re9�remeIIts Qf aPP�tcable law. If the amount of We Fund�held by
<br />' �.,�uder at any tLne is not suffici.ent to pay the Fsccow Itemv when due,Lender may so nodfy Borcower in wrlting,aad.ia
<br /> 1:` • such case Borrower shall pay to Leadcr tiie amount ue�ssarY �o make uP th� deficiency. Horrower shall make up the
<br />�'"� 'j�'� J deficien�cy in no more than cwelve montlily paynxnts,at Lender's sole discr�tioa.
<br />�`� � " Upou pay�cnt in full of aU sums s�cuc+cd by this Securlty Insuument,Lender shaU pmmptly refund to Bomower
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<br />�°:.�:�:�,� any Fuads hel d b y Lender. If. under aragraph 21. Lender shall acqulrc or seJl tH� Propercy. Ixnder, prlor to tlte
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<br /> __ _,,.,.,.,;�:,y acquisidon or sal�of the Pruperty, sh apply eny Funds held by Leader at the time of acqutsition or sele as e cs+edtt
<br /> -=�'�•1� agaiast the svms secured by tWs S�curity Instrument. ts neaived b Leader undet
<br /> h==�-y' g, AppUcatlou ot Pl�yments. Unless applicable law pmvides otherwise. all paym�en Y
<br />�p;���<:ti . paragrapba 1 �+nd 2 shall be applied• first.to any prepaymeac charges due uader the Note; second.to amounts payable
<br /> �.,;;,,:ld�u under para�aaph 2;t6ird,to interest due;fourth,to pr[acipal due;a�d last,to any late charges due under the Note.
<br />—�..�--�;-_,� 4.t,'Ilsnrges;Lia�. Borrower shall pay all taaes� assessmeats. chargcs. fines uxl imposidons attsibutable to the
<br />��`�v�s� propei9y which may attain priorliy over this SeCUdty inctnirr�++4. and lea�ehold paymenta or gmund rents. if any.
<br /> - -`--�`: 1-� IDorrower shall pay these obligations in the maaner providod in paragraph 2, or if not p,atd in that manuer.Bottowa shdl
<br />��?'�0"+�� *+� thraa on��+.. clire�N to the rson owed a t Borrower ahall ro flimish to L�ender aU nodas of amounSs
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<br />----_--- _ to be paid u�vder tlils paragraph. If Borrower xnaices these payaxats diractly�Borcower shaU promptly fiunish to Lender
<br /> �,�:z -�. receipts cwideacir�the payments.
<br />;=�':t�:_�� Boaower sl�il promptly dischazge any lien which has prlority aver this Security insuument untess Borcower:(a)
<br /> -�-°_'���� �gcas ia writing to the payment of the obli�atton sxured by the lien in a manner acceptable to Lrnder; (b) contesta in
<br /> T=;;�, good faith the lten by.or defcnds against enforcement of the liea in. legal prooecdings wQrich in the Leader's opinion
<br /> .- -����� aperate to preveat the enforcemeat of ths Iien;or. (c) se�ccures from the holder of the lien aa agcremeat satisfactory to
<br /> �-��'"�'�- �,ender suborciinaiiug the lien to tliis Securiry Instcumeat.If I.ender detennines that any part of the Pxoperty ia subiecc to a
<br /> -'°�°'��� lteu wluch may attaia priority over this Security Instrument, L.ender a�ay give Borrower a notice idcnrifying the lien.
<br /> �='�=�'' Bonower shall satisty the Ilen or take one or more of the actions set forth ahovc within lU da�rs of the giving of nodcs.
<br />� `�'—;;;;�; 5.eazard a property Insurance• Bonower shnll keep the improvements now exisbng or ueir.�fter enx:ted o�n the
<br />��,;r,� -��R Property insured egainst loss by fire, hazards includ�cl within the term "exeended coverage" and any othsr ha4acds. -
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