|
„ ,.,. , ..,;: �
<br /> , , . . . :1� . �:
<br /> ; .. - � „ � .. . ..
<br /> "�`* � � —
<br /> ,�.,.... . ._ , •.t;+r��rx+
<br /> .. 'F � .. ' ! � � �.-. v•}.�i�.4�.' _
<br /> .. - .. ' �� � - ,. ' ..
<br /> � }:Yr,.:'�'�' .
<br /> . . - - � .. - � : .�L. .u. . .-. .�.Z-.T(�1n
<br /> t �
<br /> _ ,. .. �� . ._ __ . •ti y,.tti.
<br /> . - , � t
<br /> ` ' � . 'j .. , n
<br /> ti_
<br /> �7.� i0�5i� ,
<br /> � 'POGBTFIDR. WITH ell the improvcmcnts now on c�mmftcr erostcd on lhc property,and utl cascmcnts,uppsutennnccs,anc6 �� . -
<br /> � fixwres now or hem.after a part of the property,All repincements and uddidons shnll nlso be coverecf by this Sa:urity Instn.imr,n�. -
<br /> � All of the[oregoing Ls rafemd to in this Security Insuumcnt ac thc"Property.” ,-
<br /> BORROWER COVSNANTS that Sarrowcr is lawfully scised of thc cstato hcrcby convaycd pnd has t�v;ri�rht to grant anci
<br /> . conve y the Pro p e r ty and ihat the Pro p ert y is unencumbered,exce pt for encumbrances of record. Boaowez wt�rrflnG�t and will
<br /> • � � defend generally the 8tle to the Properry against aU clnims and demnnds,subject to any encumbrances of recosd. �
<br /> 'fHIS SECIJRITY INSTRUR�s.'VT combines uniform covenants for nadon�l use and non-un6form ccsvenants with limited
<br /> I variadons by jurisdlction to consotute a uniform security inswment covering rcal properry. • -
<br /> UNIFORM COVENAIVTS.Borrower and Lender wvcn�nt and agrce as follows: � • -
<br /> 1.PAyment of Princ�pal and Interest;Pe�cpayment and Late CMarges. Borrowee sh�ll prompdy p2y when dun d�c � � ����cti''� � :;;:
<br /> prir�cipai of and interest on the debt evidenced 6y the Note and any prepayment and lau:charges duc under ttr A'otc. ' ��"'�`'���`
<br /> . 2.Funds for Twces and Insurana. Subjact to applicuble l�w or to a wriuen weivcr by Lender, Fiartower shtill pay tc� , � •-
<br /> � Lender o�the day monthly payments a�due under the Note,until¢�e Not�is paid in f�ll,a sua�("Funds")for. (A)year�y uuceo �; �•=�'=�'�-
<br /> ' .�a end assessments which may auain priori�over this Securlty Instrument as a lien on the PeopGrt}+;(b)yearly lcasehold pt►�manta ,_'��•'`.
<br /> or ground rents on the Property,if any;(c)yearly ha�rd or property insurance premiums;(d)yearly flood'ensurance premiumo,if. _
<br /> „ �, �Y;(�) Y�ly rtiortgage insurance premiums.if any; and (�any sums payable by Borrower to Lender,;n acsordnnce wi�1�t1�a .=-� —
<br /> , provisIons nf paragaph 8, in lieu of tfise payment of mortgage insurance prem3mms.'Ihes�e itcros ere a+l��^.d "Escrow Item�" � 'y�`��
<br /> '"' Lender may,at any dme,collect and h�ld Funds in an amount not to excecd the maximum amount a lender far a federaU n.lntsd �`'��
<br /> y �'�� �:,�,_..:,';:.y,,,
<br /> � �; � mortgage loan may mquir for Bonower's escrow account under the federal Real Esutta Seulemenc Prorredures Act of 19T4 aa ' "�•`='"=
<br /> . amended from time to time,l2 U.S.C.Secaon 2601 ed seq. ("RESPA"),unless another Iaw thut epplies to�11e Funds seis a las.�sr .��;����
<br /> amount If so,Lender may,at any drt►e.collect anc� hold blu�ds in an amount not to eaceed the lessr.r arnounc Lendnr mny "
<br /> is f current dam and reasonable csHmates of ea nditures ot CaLwa Escrow Item�ar �� ��� ,
<br /> estimate the amoont of Funds due on the bas o pe .. .
<br /> „ f otherwise in accordance with appllcable law. �
<br /> ` t 'Ilie Funds shali be held in an insdt�iion whose deposits are insaned by a federal agency,InsuumenW.�'�y,or enpry(dnr,�udina ;:��� �
<br /> , ° Lendcr.if I.ender is such An insritudon) or in eny Federal Home Loan Bank. Lender shall apply thc Fuo:�lg to pay tho Escrmw � ° � �
<br /> _._.. __. �� Items.Lender may not charge Borrower for holQing and epplying the Funds,annually enalyzing!he escmvi acconnt,or verify:lnQ ' . �• �
<br /> ' the Fscrow Items,unlrss Lender pays Boirower interest on the Funds and applicdble law pennite Lender tci m�ke such a char(;e. — _'
<br /> However,Y.ender may require Bomowcz to uay a on�-rime charge 1'or an independent real esk^.te tax re�orting service us,^d by --
<br /> ' Lender in connecrion with this loan,ura9�ss applicable Iaw provides oilierwise.Unless an s�g�cement ls ma�',e ar t+pplicsbla 14tw '.3 :
<br /> :� raquires interest to be paid,Lender shall not be requ�red to pay Borrower any interest or c,�►mings on liva Funds. Borro�ver and �,:
<br /> '� Lender may agree in writing,however,that interesi s?��!!be paid on thc Fnnds.L.encicr shall give to 8or�ipWEf.withoat cl�rgo,an .
<br /> • � annual accoundng of the Funds,showing credits and a�ebits to the Funds end the purpose for which each dc'nit to tha Fu»d:�w�s -
<br /> .� mada The Funds ere pledged as eddido�al security for all sums secured by this Security Instrumenx � �'
<br /> � If the Funds held by Lender exceed the amounts permitted to be held by applicab4e IAw�Len�er shat�account w Bom�u�cr for �
<br /> �� �' the eacess Funds in accordance with the requirements of applicablc law.If the amount of the Funds he1�E�by Lender at any dma in -
<br /> noi sufficient to pay t6e Escrow Items when due,Lender may so nntify Borrower im wridng.nnd,in such c,ase Barrower shnll pfly ��
<br /> w Lender the amount nec:ssary to make up the deficiency. Bonowet shall malt� up the deficienc� in no mom tl�fu► twalve �•-�
<br />- �� monthly payments,at Lender's sole discredon.
<br /> ' •� '� Upon paymeat in full of all sums sacumd by this Security Instrument,Lender shnll prompt3y ref�utd to Borrower any Flind� �fa�.�Y,;
<br />� •• held by Lender. ff,under paragtaph 21, Lender shall acquire or sell the Property,I.ender.prior to thrt acquisidon ar sat[s of il�a °'
<br /> �•
<br /> ��' , Propeity.shall apply eny Funds held by Lender as�h�dme of acquisition or sale as a credit aguinst the sums secured by d�in �
<br />�;"� • �• Seco�rity Instrument �_
<br /> ' •-:;,:,i;; � �.��
<br /> : . . :. 3.Appl�ation o!PAyments. Unless applicabl�e law�rovides otherwisc,all payments received E+y LRnder under paraBrnphn t
<br /> f°�� `��`.�'� 1 and 2 shall be applied: firsc,to any pz�egayment charges due under the Note;second,to ernaunts,�ayab3e under pzmBroph �: �'-J=`
<br /> _ _ �' � thicd,to interest due;fourth,tn principal due;and last,w eny late charges dae under the Note. -_
<br /> �. 4.Charges:Liet�s. II9rrower shall pay all taxes,assessments.charges, fines and imposidons a�uril�u�ablo to tha Frapcmj `
<br /> � which may auain prinriry over this Securiry Inswment,end teasehold payments or ground rents,if an�.BOTPOWCi SIIflII PIIY(I1E361°. �':.:;°��
<br /> '` ' obligadons in the manner providerl in paragraph 2,or if not paid in that manner,Bocrower sht�ll pay thcnn on bmo dinecdy w din ��������
<br /> _ � `, person owed payment Boirowcr shall pmmpdy fumish to Lender all noriocs of amounts to bc paid u�der d»s p�cnph. If `1 �•`;<�� '��
<br />. ' � ,�`•�� Bomnwer makes diese payments direcdy.Borrower shall prompdy furnish to Lender receipts evidencing r�e paym�nis. '.,'�,.- ,,���.�,.�;^
<br /> -. .,.�.,��r,-
<br /> � , r. . �.s.`•_• +
<br /> -� Borrower sliall prompdy discharge any lien which has priority ovEr this Security Instnunent unle¢s Bortower:(a)agrees in -�•���.:•;;�M;1�•�;�•;,,r
<br />`• � � wridn to the a ent of the ob' adon secured b the lien in a manner acce table to Lertder,(b)conn:sts in ood fnith dia lian :�,.'...`"-"�`r`'�"��-
<br /> . 8 P YR► L8 Y P 8 ,.,.�. .�v::��;4,;;,.:_.,
<br /> ' � by, ar defends against enforcem�nt of the lien in, legN procecdings which in thc Lendcr's opinio� o�craYC W pccvent dia ' �;.���,:•`' °
<br /> . •t�,
<br /> .;�•'';..:� ' enforcement of the lien;or(c)secures from the holder of the lien sn agn;ement satisfactory to Lcnder subordina�i�tl�c�lien ut � . ••��;'. .
<br /> ,,:.: ::::::;_.,.,
<br /> , ;::`.�':° this Secnriry Instnimca�t If Lender determines that any part of ths�r�,pErty is subject ro u lien�vhich may uttsvn prioriry crvsr tlii� „ -�
<br />�_ Socurity Insuwnent,Lender may give Borrowe�a notice idcntifying ihc lien.�orrower shall satisfy the lien or take une or mnne �� :
<br />_ , • of the acdons set forth pbave within lU days of the�iving of notice. �
<br /> Form 90�0 9�f10 '
<br /> ��6R(N E)l02 t 21.0 t Pap�2 016 i nmaic
<br /> - � ,'.
<br /> - � -
<br /> '_ , � ' • � .
<br /> - "'--- --- _...-- --•- - - - •._. . . . . ..., ... .. ._ _—.. __.--•-' .
<br /> - .. . _.. _ . ... ---•-•.-.------_•---._._..._.�__..._. . . ..��
<br /> �
<br /> _ �`-- . _.. --
<br />
|