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<br /> � . 'POGETFIER WITEI aD the mtpmveane�us now or herea�ra eaect�d oa the property,aad aTl����d � .
<br /> ` • 6xaues now or he�after a pact of the piapeaty.All replacemeats and addirions shall aLso be covered by this Secarity Insm�me.nt �, ��. , �
<br /> �, -•��� AIl of the foiegomg isrefetred to in this Secauity Insuument as the"Propaty." � }
<br /> _ :`�.='-;�-..,- ; BORROWE{i COVENAN3S that Borrowea is lawfully seised of the es�t�ereby conveyed and has the right w g�ant and k _-_ �_ `
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<br /> ��. .. `' ,r� convey the Propaty and thaz the Pmperty is unenaunber�d,escePt for enc�mbrances of record.Bo:rower warr�ts anB w11 `, T_ .� -�
<br /> :�.� ` .i defend generaBy the tide tn the ProPe�tY a8aiast all claims and demaads.s�bject w any encumluance,s of record. -
<br /> �' �:
<br /> i . THIS SEC[JRTTII 1N5TRUMENT combmes�mifonn covwants for aational �se and nan-unifarm covenants with limited .
<br /> ��� , variadons by ruisdiction w canstiwtc a nniform secu�i�j►instrument covesiag reai prop�ty. > �..
<br /> `� ' • UNIFORM COVINANTS.Banower and Lender covenant and agree as foltoav� ;. -
<br />`';� � 1.Payment oY Priudpal a�d Interesh I'repayment and Late Chargcs. Ba:mwea s�all prompdy pay whea due the '. � .• '-
<br /> ;�;• � ` and late charSes due unsiez the Note.
<br /> prmcipal of and iateresc on ihe debievidea�ced by the Note and any pmpaymeat .."°` ,�
<br /> ;�r�. Z.Fands for Tffies aad Iasurance. Subject w applicabte law or tn a written waiver by [.ender,Horrower shaii pay to { �:•��r rt
<br />_;'; • <` L,ender an the day monU�lY Paymeats arc due under the Note,ontil the Note is paid in full.a sum("Fm►ds'�for:(a?Y�Y taaes I '�:; �`�. :
<br /> j . and a�nents w h i c b way attain priori ty over t his S e c w i t y I a s t n t m e n t a s a l i e n o n t h e P m p e+r t y;(b)Y e a d Y l e a s�o l d p a y m e n t s '•-�+'
<br /> � . ��
<br /> ��. or ground r�ts an the Prope�ty,if a,,y;�-)Yearly •a7ard a: tm;�eaty in �uance premium�(�YearlY tlood insu�aace premiums,if � • —
<br /> S`� � ` ' any;(e)Yeariy raortgage ins�uauce pmmiums.if atiy:and (�anY swns PaYable by Bouuwea to Lendea,in atcordauce with the . . _
<br /> 'i' • provisians of para�rapb 8. in lieu of the pay�ent of mortgage insurancs preiniums.These items are calted"Escaow I�ems." ; °.•=�-
<br /> � Leader may.at any tiame.caUect aad hold Funds in aa amoaut aot w exceed the maximwn ammmt a lendea for a fedaally retased ,`` �;:`°�
<br /> ^_ . ...r� m $loan ma require for Borrowea's escmw accouat under the fede�al Resl Fs�Seu�ment Procedu�es/�ct af 1974 av •---. --- K=
<br /> .�', . � asne,rtnd�ed from time to tim�.12 US.C.Secxion 2601 et seq- ("R E S PA'�,unless another law that appties w the Funds seis a tess@a '. �, =�:'��
<br /> `i;� ' � ..� amount If so,Leader may.at any aane,collecK and hold Fuuds in an amo�mt not w eaceed the tess�a amount I.euder may . g:---
<br /> ��, , estunat�the amount of Funds due on the ba�tis of carm,nt data and reasonable e�ates of ex�dinues of fumre Escrow Items or . �
<br /> �,:
<br /> . otherwise ia accardance wiih applicable taav. <,.�:�:N-
<br /> V � 'l�e Funds shall be held'm an institution wkoss deposits are insured by a fedesal agency,inst�amentalit�►.or enary(mclad"nRg . �����
<br />' .', � . Le�nder,if Lender is sucb an mstiwtina)or in any Fedeial Home Loan BaNc.l.e.nder shall apply the Funds to pay the Fscrow ,:•�.;t::��-
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<br /> �:•'� . , Iterns.I,ender may not c4arge Bosrnwer for holding and applying the Fuads,annaalty analy�ug the e.saow accomit,or vexjfying , ��•,�L.
<br /> � We H�caow Iteans.iudess Lender pays Hoaawer interest on the Fimds and applicab2e taw peanits Lend�tn make snct►a charge. . i:::�:,
<br /> .� � . � However,Lemder may require Benrower tn pay a on�suae charge for an mdepe�ndent real estate tax reporting service used by � • ..
<br /> � � � Lender in connection with this loan,unless applicable law provides othervvise.Unless an agreer�tent is made or applicabte law - ,'-''��
<br /> ^ ' �. .} requires mtesest to be paid,Leader shall not be required tn gay Brnrnwea any int�est or eamings on the Fuads.Barrower and ' .,�'.�?`=
<br /> ,.,} Lender may sgtee in writmg,however.that iaterest sha�be paid on the Funds.Leader shall give to Bomnwer,witho�charge.an �.:-_;�;:
<br /> �:•� � ' annuai accounpng of the Funds,showin$credits and debits to the Ftmds and the p�apose for w6ich each debit w the Funds was _--
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<br /> • ' • made.'Ihe Funds aore ptedged as addidonal sec�ity for ail sums secured by this Securiry Instnunent .. . .
<br /> .'. . �If the Funds he2d by Lender exceed the amounts peimiueA to bc held by applicable taw,Lender shall account to Borrower for ����''
<br /> �� ,� . the excess Funds in accordance witb the requiremeats of applicable law.If the amotmt of the Funds he2d by Lendea at any time is • . "
<br /> � ' . .. not sufflcient w pay ihe fiscrow Items when dae,I.endea may so norify Borrower in writing,and,in such case Borrower shall pay - �;4''
<br /> • • w Lendsr ihe amaunt nec�sary w make up the deficiency. Borrower shall make up the deftciency in no moze than twelve � ' ':I s �
<br /> � monthly payments.at Lender's sote discreaon. , ��^-
<br /> ; ;1! Upon payment in fi�U of all sums s�cured by this Security Ins�urnent,Lender shall promptly ref�md to Borrower any Funds � __
<br />� • ' held by I.�der.ff,nnder paragraph 21.Lender shall acquire or sell the Properiy,Lender.priar w the acquisi�on or s a t e o f t he ._ -.
<br /> – � property,shall apply any Funds heid by Le�►der at the time of acquisidon or sale as a credit against the sums secured by Ltis • :'��� ,
<br /> • ' Security InswmenL � ..
<br /> . 3.ApplisaHoa of Paytnenta Untess applica6le law provides othcra�ise,aU payments received by Lender under paragaphs ,
<br /> �` 1 and 2 shaU be applied:fust,to any grcpayment charges due under the Nota;second,w amounts payable under paragraph 2; � •
<br /> . `•� thud,w interest due:four�h,w principal due:and last,w any late charges due under the Noie. '"-�,
<br /> 4.Charges;Liens. Borrowcr shall pay all taaes,assessments.charges.fine9 and imposidons apn'butable to the Property . •
<br /> , . whict�may auain priority over this Security Inst�ument,and leasehold payments or ground rents,if any.Borrower sball pay these
<br /> `'' ' . obligarions in the manner provided in paragraPh 2.or if not yaid in that mannea.Borrower shall pay them on wne directly to the '. . .
<br /> '- , ` person owed paymen4 Borrower shaU pramptly fumish to l.ende�all notices of amoi�nts w be paid under this paragraph. U .
<br /> �• ��' •+ Bonower makes these payments dsectly,Borrower shall prompily fumish ro Leader receipts evidencing the payments. . .
<br /> . � Borrower shall prompUy discharge any lien which has priority over this Securiry Insuument untess Bflr�ower.(a)agrees in
<br /> � . wrieng w the payment of the obligaflon secured by the lien in a manner acceptable w Leuder;(b)conusts in goad faith the lien ' �
<br /> by. or defertds against cnforcement of the lien in, legal praceedings which in the Lender's opinion operate W prevent the . • ,
<br />� enforcement of the lien;or(c)secnres from the holder of tha lien an agreement satisfacwry to Lender subordinating the Gen to .
<br /> • � this Securiry Inswment.lf Lender determin�.s that any part of the Property is subje�t to a lien which may auain priority over this �. . .
<br /> � . . Sec�uity lnstrumenl.l.ender may give Horrower a nodce Idcndfying the Ilen.Boaower shall satisfy the lien or take oac or more .
<br /> � � of thc acuons sct fonh abovc within 10 days of the giving of notice. .
<br /> ` � Form 3028 9/90 �
<br /> � : �•6R(NE}te2�z�.o+ Pago2o19 in�uais: . .
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