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<br /> TOGEl'NER WIT�+ ali thr impn�ti�mrnt�n��w or hemafter erected on the pruperty.and a!1 c � m�nt., app � r ..and ,� •`'��"
<br /> ' ti+cturr+ nnH un c�reattrr a part uf the pra�perty. All replacement+ and additiom .hall al+n hc �u��r�Yl h� th�. 4r�urity . ,_
<br /> fn+trumrnt. All uf the t:mg��mg i.rrfrrnYl tu m thi,S�tiarit}� Instrument a+the"Prupem." � . , ._,
<br /> ; BORi20WER CO�'ENAtiTS that Burru«er►,la«fully tiei�ed uf thr e.t:�tr hrrrh� com�}ed:u�d h�.thr nght a,�:rant snd ..�, :. . . ,
<br /> ` am�e� the Pruprrt}a�zJ that �hr Pruprn� n unrnrumfirrrJ. ex�ept f��r encumhrsnrr� �rt rcYUrd. Barruur� warr,�nt. snJ will - , � : ---
<br /> drfend genrrally th�titlr tu the Pmpem acain+t aU rla�m.anJ demand+.tiubj�tit ta any en�umbrancr.��f r�Y��rd. • :
<br />' _s THIS SECURITY I'.VS'I'RU�tENT�umhine. uniti�mi ru�enant�ti�r natiuri:il u�r and nun-uniti�rm r���•enant. w�th limitc�l .
<br /> - .�� �snation+by jun�sii�pun ta cun.titutc a aniti�nn ti�tiuru� instrumrat ruvering rwl pro�en}. _- j-- . , ..__--_'�-_
<br /> , UNIFORhi COVEI�ANTS.&�rruwer:uiJ l.enJcr�u�enant and agrc�e a.+foIlou•.:
<br /> ` 1. Payment of Piincipal anai Interest; Prepayment and I.ate Char�es. Burruacr .hall prumpd} psy �ti�hen due thr . : i
<br /> � i principai ut and intere�t un the debt evidenreJ hy the Nute and any prepayment and late�huge�due under the Note. � ' : , . ;.__
<br /> j 2. Funds for Taxes and insurance. Subjert u�applirahle law or to a written waiver by Lender. Buno«er shall pay t�� . _ _
<br /> - L,ender on the ci:iy monthly payments are due under the Nute. until the Note i+paiJ in full.3,um("Funds"1 for:(a)yrariy taxe+ -_ ; ___ -__�_i ��
<br /> y and a„e.�ments which may attain priority uver this Security [nstrument a�a lien un the Property:lbl yearly Ic�.+ehotd psyments , " _
<br /> , or gruunJ rent,on the Pruperty,if any:1c)yearly har.ard or propeny insurance premium,:ld>yearly tlood in.urance premiums. . . . ,.
<br /> . if any: le)yearly mongage in�urancr prrmium+, if any: and (f►any +ums payaMe M &�rr��urr tu L�nJrr. in arr��r�an�r.i�ch -.-:.�:�_�
<br /> the pru��,ian,uf parrgr.�ph S. �n liru of thr pa}mrnt�,t mon�agr�murancr prcmium,. Th�yr item�are iaU�Yl �'E.i�ruw Item�." _ , " .�
<br /> " lxnder ma�. st sny nnk. r��ilcct an.l h��IJ hund+ in:an :unuunt nut tu rxtrrJ the inaximum amuunt a l�nder for a federally ; _
<br /> ; ��"+:._��:�`''�.;,,-, �-
<br /> . � related mongage toan may reyuue for B�rruwer'+exrow arcuunt under the federal Rwl E.+tate Settlement Prcxxciures Act of . • . -_
<br /> •Y 1974 as arttended from time to time. 12 U.S.G Sertion 2601 rt sry. ("RESPA"1.unle�+another law that appfies to the Funds �,' , .,.�. � • _,,�.
<br />. '�_{ sets a le,�er amount. If so. Lender may. at any time, collect and hold Eunds in an amount not to exree�i the le+�er amount. . � •'�''� � _��
<br /> • j� Lender may estimate the amount of Fundti due on the basis of current data and reasonabie estimates af expenditurcw of future •..�f � ��� ""-' - -"
<br /> -1 Fscrow Items or otherwise in accordance with applicable law. a'-�='T-� ��
<br /> :� :� ��'„_.
<br /> The Funds shall be held in an institution whose deposits are insured by a federal agency. instrumentality. or entiry • ,;�• };�.;�_,•_
<br /> (including L.ender, if Lender is such an instiwtion>or in any Federal Home Loan Bank.i.ender shali apply the Fund�to pay the • �" "' �-,
<br /> •J•� Escrow Items. Lender may not charge Barrower for holding and applying the Funds.annually analyzing the escrow account,or
<br /> •t w r interest on the Funds and a licable law erm�ts I.en der to m a k e s u c h ,_ „ �~'��::,
<br /> verifying the Escrow Items,unless Lender pays Borro e pP p �' :
<br />., a charge. However.Lender may require Borrower to pay a one-time charge for an independent real estate tax reporting service •._ti,_��� ;
<br /> •tti�j
<br /> � used by Lender io connection with this luan. unless applicable law provides otherwise. Unless an agreement is made or -:•.� ��f. ;� ;;,', __
<br /> applicable law reyuires interest to be paid. Lender shall not be required to pay Borrower any interest or earnings on the Funds. ,;;�,•.," `� �'�•�
<br />. Borrawer and I.ender may agrce in writing. tv�wever. that interesi shall be paid on the Funds. Lender shall give ta Borrower, '
<br /> ••� ..: .
<br /> without charge. an ar►nual accounting of the Funds. showing credits and debits to the Funds and the purpose far which each - • : _ , � ',ti,�t � �.�-
<br /> � debit to the Funds was made. The Funds are pledged as additianal security for all sums secured by this Security lnstrument. j'
<br /> If the Funds held by Lender exceed the amounts permitted to be�e!d by applicable law. L.ender shall account to Bartower � �� :
<br /> ' for the excess Funds in aceordance with the requirements of applicab'.e :aw. If the amount of the Funds held by L.ender at uny . . .- . _ . ��l � _
<br /> e,
<br /> - • time is not sufficient to pay che Escrow Items when due,Lender may sa notify Borrower in writing.and.in such case eurrower ,��.•� ,i..:' ��. ' ' `
<br /> shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more than ,�t :....,�_
<br /> twelve monthly payments,at Lender's sole discretion. � ��
<br /> Upon payment in full of all sums secured by this 5ccurity Instrument, Lxnder shall promptty ref'und en B��m�wer any -''�i=' �r=_
<br /> Funds held by l.ender_ If,under para�raph 21.Lender shall acquire or scll che Prupeny.Lender,prior to the acquisition ar sale '' •
<br /> • of c uisition or sale ati a credit a ainst the sums secured by '��'-"-`" 1h.
<br /> of the Properry.shall apply any Funds held by Lender at the t�me a q g -
<br /> � this Security Instrument. „ �� ,..
<br /> 3.Application of Payments. Unless applicable law provides otherwise,all payments received by Lender under paragraphs � _.
<br /> 1 and Z shall be applied:first,to any prepayment charges due under cli�Note; second,to amounts payable under paragraph 2: `�J'� _
<br /> ,.�!'-
<br /> third,to interest due:fourth,to principal due:and la,t,to any late charges dae under the Note. =� . ..,_,..--=- •
<br /> 4.Charges; Liens. Borrower shall pay all taxes, assessments,charges, fines and impositions attributable to the Property -��•��r�^`_�*•• .
<br /> � which may attain priority a�er this Security Instrumeni. and leatiehold payments or ground rents, if any. Bonower shall pay n��_����' � , '��
<br /> • these obligations in the marc.�er provided in paragraph 2,or if not paid in that manner. Bortower shall pay them on time directly -�'—;'�"•' _
<br /> .�-: to the persan awed payment. Borrower shall promptly fumish to Lender all nolices of amounis to be paid under this paragraph. ,'` :- . , .
<br /> If Borrower makes these payments directly,Borrower shall promptly furnish to l.ender receipts evidencing the payments. `�-.�:-_____ °�' '�
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