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<br /> 'PO(3ETNBR V✓ITH all tho improvements now on c�reaftu croctod on tha property,and all Is,appu
<br /> futures now or henafter�part of tha pro�rty.AU r+cpl�cemcnls and pdditkns ahall�Iso bo c.ovcrcd by Ih1s Sccurity Ineuumcnt.
<br /> i All of tho focegoing Is refarod w in lhis Secudty lnstrumcnt�a t1w°Pro�xxty."
<br /> EOli�O��IIITY COVE3NANT� II7�L AOPYOLIi:7 J9�1��fuUy����^ of�he cs►.eta hcreby c4nveyed end ha9 ttie ri�ht tn Arr.nd ertr�
<br /> ;, convey Ihe Propaty nnd Ihat tlte I�raperty is untncumbeind,oacept for encumbrances of rocord. Borrowu warnu�ts and w1U � •
<br /> '" dafend genaaily tho dtle to tha Property egainst all clsirt►s and dem�nds,sub,ioct u�eny crecumbrances of record.
<br /> ,;,�;,,,y,� 'I�S SECURITY IIVSTRIJNII?NT combir�es uniform covcnanis for nadonai uso end non•uniform covcnanta wfth Umitod .
<br /> �..,,,�.;�«�r veriutions by jurLscllctbon to constiwte a unlform socu�riry insuurtsent covuing rcal proparty. ,
<br /> � UN�ORM COVHNAMI'S.Borrawa and L�ender covaiu,t and e�oo a�follawa:
<br /> l.E'aymeat o!Prfactpsl and Ioter�.l;Pre�sayaaent nnd I..nte C�r�e�. Bomnwer shall promptly pay whcn due th�s �
<br /> � principel of end interest on the clebt cvidenced by tho Note and anY PreWryment a�d l�te charges due under 1he Note. �,�_-:
<br /> 2.Fund�fo�Tnxas aod Iasurana. Subject to opplic�bb law or to a written waiver by L�endr.r, Borrower shaQ pey tc� '�'`
<br /> Lendu on tho day monthly payments are duo undcr tlto Note,until tha Notc is paid in full,a sum("Funds")for:(�)ycarly taaes �'��
<br />_' �� and asse,�.cmuits which may atiain priority over thls Socurity Instrumant as a licn on iha Pro�ty:(b)Yearly k,aset►o{d pnymenta �:-
<br />_ `� a gmund rmts on iho Property�if any�(e)Ywrly ha��rd or property insuranca praniums:(d)Yeacly E1ood inauianco pe�rmint�u�if ;�
<br /> • �' aay: (e)Yeady moctgage Lisureace premiums.if ony:ond(�any suma payabl8 by IIormwu to I.rndu.In aocactance wIth the �:-
<br /> provirsions of par�graph 8, in liw of tho paymait of rtwctgage insueanco premiums. 'iF�e90 items aro calkd "Exrow Itc�au." � -
<br /> I�er rtusy�et any ame.colkct and hokl Funds in an�aoont not w eacood d�o maaimiun arraunt a k�fa for A federelty rcWGd E� `
<br /> moctgaga loan may require fa Borrowu's escrnw acoount under the fedeial Real Estate Seulaneat 8rocodures Act of 1974�s F`�
<br /> ementlod from timo to time. 12 U.S.C.5ection 2601 et seq. ("RBSPA")�unless atwttkr law that applies to tho F�tnds sets n lesser ��� �
<br /> y. . r,moun�If so. Ircnder �nay. at any time.collect end ho3d Funds in an e�rwunt not to cxceed the iessa atnoun� I.endcr tnay ��-
<br /> ' • astlmate the�noant of Funcis dua on the bssls of current data end re�asonable esdmaus of w�pendipues of fuwre�Sxrow Iu;ms or �=�`
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<br /> otlkrwlse in occad�noe wlth s►pplicabb law. .._
<br /> • • 'R�e Ftuids s�nll bo tield in an instIWdon whoso deposits ere insured by a federal e�gency.InstrumenWlty.or eaflty(insiwling w-
<br /> . L,endet�if Leaticr is si�ch An instimtion)ar in any Fedaal Home Loan Bank.I�der s1�aU apply the Fw�ds co pay the�scroN :,:
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<br />�: -0 ; Itans.La�der�nAy not chuge Bomowa ior hulding and applyiag tho Funds�annaally analyzing the escrow account,a vaifYInB
<br /> €�'•� � the Bsaow Ikms�unless I.a�de�pays Bamwu intertst on tho Funds end applkabb Iaw pamita Lenda to mate such�charge. _
<br />�s;•, :�-- '' ti�waver� i.arda may noquue FsorQOwer w pay a o��une ci�ge t'or�n in�icya,�ia,i�i e�a�o i.�.:c�,v�u��v�ii�w o�r
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<br /> i;.:;,_, � �''�. �:s. Luid�in cannec�ion with thi�losn, unkss eppliabb law provicks otfitxa+ise.Unkss aa agrouna�t is msde o��pplic,�bk hM
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<br /> _- �'.,'- : ,�a,:,;S coquir�cs intrrest�n be paid,LaKfer shall na ba nquired w pry Borrowrr any int�rest ar earninga on the FyuWs.Soerowcr and
<br />�,�-�;<<�i..'•f.'; �" I.cnda may agreo ia wriung.tawaver,chat intexest�all be paid on the Fhnds.Lender slull give W Barower.wiihout cha�gc.an
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<br />_�;,,.,�;��..,"�A.`�� annasl accounting of the Ftundv,s6oaing credits and drbits tfl the FLn�lv and tha purpo.9a for whirh each debit 6o tha F1�nds was
<br /> :';:�!��!:r���� tnade.'If�e HLnds ane plodgod as additioaal sxurity for ell sums socured by this Socuriry Instrumatt
<br /> �-=.s�.,,�';r'', �,i If the Fund.�6ield by Lencfa ea�ceod the�cnounts pamitu:d to be beW by applicabk Iaw.I.u�da shall�cconnt w Boao�rer fa
<br /> "�,;'"'��-�;,., :`1 d�e eucess F1,nds�n000cdAnce with ttw Y Y
<br /> aequircmcnts of epplZcabk law.If thu�mount of tho F�nds hald b L.ajda at an tinne is
<br /> .=�`��'t-;, r, not su�'icient co pxy the Sscrow Items whea due.Lender may so ne8fy Broarower in wri0wg,and,in such cax Baemwer shall pey -
<br /> -'.?;.-";T� to Ira�der the amount necessery to make up tha deficicncy. Borrowa shall make up the defickncy in no more tt�an tw�lve
<br /> �"`�� � monthl ts at I�endrr's eok dLxretion.
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<br /> -� UF� P�Ymeat in full of all aums sxtued by this SocurIty Inshument,I.enclu shall I�P�Y nfand to Bom�wc�r�ny Ftm�3s
<br /> —�� de{d by L�endes.Rf.undes piragraph 21.I.eaKl�s s6all acquire or scll the P�operty�L,ender.Priur W U�e acq►dsition a sale of�he
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<br /> °_-- ProQatY� slull apply eny Funds hold by Len�ler et the dme of acyuisit�on a sals as a crodit against the sums socurod by thig
<br />_-.��;�� Sxuritylnsaumai� =::
<br />_-:_�. 3.AppYntio�of Pray�e���s. LJNess eppllcsbla law provldes otherwlse.all pttymer��s r�x,eived by I.axler undei par�,graphs _
<br /> --'•"—s,'�e� 1 md 2 stu�ll be applie�:t�rst,W�nY D�Y►nent charges due uncler the Nou;secoad,oo amounts payabk undcr petagranit 2; ".,
<br /> - ...�..« tttlyd.W intaest dne;fouitb,to principal duc:end last.w eny late charges clae nnder tt�e Nota.
<br /> .;`�� 4.CYar�es;lLkoe. Borrowa sh�ll pay all tvices�assesstnents.chnrges. fines su�d Lapositions s�tn'bumbb b the Pro�aty
<br /> _=�^�:,_ which ma Wtain over thLv Securi Instrumt�nt,and 6ea9ehold ts or und teats�If an .Bexmwec ahall the,9e
<br /> - Y I►�LY �Y PaY� 6ro Y PQY
<br /> _���._-.� ot�ligadons in the manna peavlded in parap�raph 2,o:lt not paid in that mannet.Bonowa s6ell pay tlxm on dme directly to the
<br /> �:'�•;.� owed t Bomnwer shall furnish to I.encfer all noticces of amounts to be unda ihis If
<br /> ��uc�::�x� P�� P�Y� P�PVY � ��h•
<br /> _ =r�-�� Barowu rn�es th��e paymc;nts dirocfly�Boaower st�all Pra►�PdY fumish to L,ender rcaipts�vidcncing tha payrnrnts. -----
<br /> ---�.,R::f°'`'�, Borrowa sltall P�P�Y��Ba eny lien which hr�v prloeity over thLs Security Ins�ument nnkss Bamwer. (a)ag�aes in =-
<br /> :`.s=.=V;`---,.� wridng w the payment of the obligation socutcd by ttKS lien in a maru�ei ac�tabk w I.endci;(b)contcsts in good faith�tee liea =-_
<br /> �r. or dcfcads egainst cnforcement of the lien in, {e8�� P��Ss which in tha Lender's opinion opaate to pnvait Iha �T
<br /> . �nFmcuneat of the lien; or(�y�scut�es fi�m the holdes o�c}',e licn an agceernem satisf�ctory to L�etttMar subo�tlInating tho lkn W ��,,�_:
<br /> ` a lic�w ' v �t�'
<br /> , tlus Secunty Instnunent If[.eader detttmu�es that aray pmt of the Propary is subaoct w lie hxh may attein prionty o er th1.9 h;
<br /> - .:; � Security Inst�cnt,Lenda may give Bo�x,raw�a a noi+ce identifying tha([cn.Barower shall satisfy¢�E llen or take one a mae -
<br /> , ' of Ihe actions se.t Ponh ubove within 10 days oF!Ae giving of notioe. -°
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