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<br />� �� . 9 �-�0�094 ���, , � ; ,t ,.. _-
<br /> . � TOGETHER � �11 the improvements now or hereafter erected on �e propertY. and ali ., :
<br /> appurtenances,and fistures aow or hereafter a part of the property.All replacements and additions sfiall atso be covered ; . . ,.�,.
<br /> bp t h is Sec�.m t y I n s t r u m�n t�►11 of the fore going ia referred ta in ttus Security Instrument as the"Property."
<br /> BORROCVER COVENANTS that Borrower is ta�vfully seised of the eatate herehy conv�p e d an d has t he ri g h t t o -- ; - .
<br /> •� grant and conveq the Property aad that the PropertY is unencumbered.egcept for encumbrances of record Borrower . __
<br /> • warrants and will defend generaliy the title to the Prop�rty against all claims and demands,subje�t to any encumbrances
<br /> of record. - . -_ . _ -
<br /> " THIS SECURITY INSTRUNIENI'combines uniform covenants for natioaal use and non-uniform oovenants v�ith
<br /> ` limited variationa by jurisdiceioa to con�titutea uniform sec�mty insttamentcovering real property. ' ,.,:_._ _ _:;� -.
<br /> UNIFORM COVENANfS.Bonower aad I.ender covenant aad agree as follow� a when due - ' � � �.
<br /> l,psyment of Prirncipal and Int�rest;Prepaymen t en d L a t e C h a r B e�s�.B O d la char l p r due under the Note. � _ �' ••��
<br /> ��,",,, the princi p a l of and interest on t he de bt evi dea c e d by t h e N o t e a n d a n p p r e p�Y B� �-�'`'
<br /> • 2. Funds for Taxes end Insurance.Subject to applicable law or to a written waiver by Lender, Bonower shali � ..;;�4�<f�
<br /> :�;,�,.
<br /> ap to Lender on the day monthly payments are due under the Note,undl the Note is paid in full,a sum ("Funds")for. ,. �;ri:;�,.�^..;F-.,
<br /> �: T- :.
<br /> ' (�II)Yearly tases and ase�ments which may attain priority over this Security Instrument es a lien on the PropercYums, ' '�,;;y�--�°�..�.: •_
<br /> { p�Y � ����4...
<br /> � year ly lease ho l d paymen t s or g r ound rents on the Property.if an}, c) Yearly hazard or pro insurance premi �.,; °--...:�,,•� ; -
<br /> •. 1 (d)yesrly flood insurance premiums,if any;(e)Yea�'IY mortgage insurance premiums,if any;aad(f)anY�e'S�s�ura�nce �`���'�' f S •
<br /> ' by Banower to Lender. ia accor d a nce w i t h t h e p r o v i s i o n s o f p a r a g r a p h 8,i n l i e u o f t he p a yment of mortgag � � �::�:.�`s'�;,!
<br /> premiuma These items are called"Fscrow Items."Lender may,at any time,collect and hold Funds ia an amount not r'��.`.��a.-r
<br /> for a federall related mortgage loan may require for Borrower's escrow .'(` �,�r:�,,..
<br /> , to esceed the masimum amount a leader Y
<br /> a�un4 under ths federal Rest Estate Setclement Procedures Act of 1974 as amended from hme to time. 12 U.S.C. �;��-x-•-;�
<br /> � Sectifln Z501 et s�,.7.S"�FSP�"),uniess another law that apglies to the Funds seta a lesser amount.If so,Ir�adet may, �f.i. .`_�:-
<br /> at any time,co1F�'sn3 hold Funds in an amaunt not to esceed the le�er amount.Lender may estimate the asnwmt of •F,�-�.,��r•
<br /> �_.�
<br /> � Fuads due un the'�a�s of current data and reasonable estimates af eagzaditus�es of future Escrow Items or otherwise in ":�:<,:..•�x�xr --�� -h�
<br /> accordance with applicable 1��. or enti � � W�.t'�-
<br /> The Funds s�all be he'_c's ia aa institution whose deposits are insured by a federal agenaY,instrumentality. tY '. r � :�,_
<br /> (iaclvding Lende,r,i4 Lender:s such an institution)or in any Pederal Home Loan��.���s�all applq the Funds to -',j`�_: �
<br /> F,••' pay th�e Escrow It_ms. Lender map not char�e Bonower for holding and agplying t�e Fu�ds,annually aaal3rzing the . -,..
<br /> tPn1
<br /> escrow a c c aun t,or ceri f y i ag the Fscrow Ite�-±�unless Lender pays Barrower interest on th�Funds and applicabla law '��. , :�.,.�,;, _
<br /> uire Borrower to pay a one�time c b a sge for an . ,; .-, ��,°s`
<br /> . permiis I,ender � malse such a charge. However, Lender may req �',�.,� � ; �,,�.
<br /> ' indeg�ndent real estate tas repuM�ng service used by Leader in connecrion with this loan,unless applicable law ptovides • ,. ,
<br /> othzrcqise.Unless an agree�:�t is made or applicable law requirea interest to be Paid.Leader shall not be r e q u i r e d to - ,�;��,.'?:. . �>,
<br /> on the Funds.Borrnwer and Lender may a�ze in writing,however,thatmteresi �'.:a<'.' • , ;
<br /> pap�otrower aa� interest crr eamings �:`
<br /> s h�l l l b t p a id on t�e Funds.Lender shall give to Borrower,without charge,aa annual accouating of the Funds.showing � �4� . ,•,;�f`(..
<br /> • i '
<br /> ` .�, credits and debits to the Punds and 4he purposa for w h ic h eac h de bi t L o t h e F u n d s w a s m a d e.T h e F u n d s a r e pled ged s�ss '�=�!-, '�.;;,
<br /> adriitiflnal securitg for all sums secured by this Sectrritp Instrumeat. " . , �.,'�t"�'
<br /> ` .::� Y�the Funds held by Lender esceed the amounts permitted to be held by applicable law,Lender shall account to �r,,r, �„�,�, �'
<br /> . ,,..
<br /> �;=+avrer for the excess Funds in accordance with the reyuire:nents of aPPlicable law.If the amount of thz Fuads he2d :i��.".
<br /> Lender maq so notify Borcower in writing, '•'
<br />' . by I.ender as any time ia aot sufficient to pay the Escrow Items wAen dae. �d;�:;µ.
<br /> and,in such case Borrower shall pay to Lender the amouat necessary to make up the deficiecc9.Borrower shall make �;,;,,
<br /> ' up the deficiency in no more thaa rnelve monthly payments.at Leader's sole discretion. " ;,";��
<br /> Upon paqment in fuU of ali sume secured by ttris Securitp Iastniment,Lender shaU promptly refund to Horrower s
<br /> l7`�_
<br /> � ' a.,y� �uuds held by Lender. If, under paragraPh 21,I.ender ahall acquire or sell the Property. Lender, prior to the _ .- ,:�,,:_:,-..� - _
<br /> ' "=,-- .
<br /> -' a��sition or sale of ttro Propert9,eha11 aPP�Y�Y Funds held by L�nder at the time of acquieition ur eale t�s a credit �.;����____
<br />, . � against tha eu�s�.vred by this Security Insttument. ��==-��.--
<br /> 3. Applic��°�n ot Paymente.Unless applicable law provides�t�srwise,all paymente received by Lender uncf�a
<br /> c
<br /> � P�'eS�Phe 1 and ?shall be applied:firat,to anY P�Yment chargzs�ue uader the Note:second.to amounte paysis!e �•�Y�:/•
<br /> ' under ParoSraP 2; d tO ' g � x , ,-
<br /> h thir t�3�terest due;fourth,to principal due;ead last, any i���char es due under tha Note. ��,__
<br /> :� � � 4. Charges: Lie�s.Torrower shall pay all tax�, �essments,c1�'ges.fi�a�d impositions attributabls to tha .*� ,,xi; •: r
<br /> propertq which rnay attain priority over this Securits InsKrument.and leaseha:d payments or grouad tents,if anY• °�'"u� •
<br /> � .`' Borrower shall�y these obligations in the manner provided in pnragraph 2. or if not paid in that manner. Borrower ��'
<br /> . �v:-�.�roua�_vr.7:i'r�
<br /> � ehall pay them o�ume directly to the person owed payment.Borr¢�er ehail promptly furnish to Lender all norices oi �,n,
<br /> � � amounts to ba�^:d under this paragraph.If Borrower makes these gaymente directly.Borro�xr shall prosnptly fusniah :'�p�,• . _--,:
<br /> • to.L�der receipta evidencing the payments. ��°.-
<br /> ' .�:. �orrower shall promptly discharge any lien whici��as priority over this Sersrity Instrnment unle�IIassower: (a) , _
<br /> � agrxe in writin�w th�paymeat of tha obligation secured by the liea in a manass acceptable to I.ender;its�contests�n ;,,.`,'�"4`'°���'
<br /> . , : goud faith tL•e 3.�n by,or defenda against enforcemeni of tha lien i.r�,tegal proceedin�which�4ha Lender'a opin'smn . �._,.�l`f
<br /> a±�esate to p.:��.�t the enforcement of the lien;or(c)secures fr�n2 tha holder of tha lien an a eement satisPaetorg'to ,
<br /> � �'�:r suborc:�ating t�e lien to this Securitq Instrument.If I.ender determines that any part of the Property ia subject ��`, ,,, : : �y, ��
<br /> t�s:ien which rnay attain priority over this Security Instrument,L.ettder may give Bortower a notico ident�{qiag tha � ,, j 'p�
<br /> �it-.A�L�C'• d �
<br /> t '�TtFi-c��.`
<br /> ' liea. Bflrro�er shall satisfy tha lien or take one vr ne�re of the actions set 4orth above withia 10 days oi the giviag of •..`���Y�;�,w M�,.
<br /> , • +� notica. `:�;- �j,;:�;-
<br /> Form 30Ya 9/!0 ' �y�xy'���f��
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