|
, ,.4��:� . .
<br /> f , . ,.,
<br /> ,Y?�� ,j ,...�. ) � , �.1F� i_�fi�;^���
<br /> � F"�yryr � �. � � - � .� , .. � . . r 1 5 At y ����t i.i y s�i t�1�(.�,�r�i�}Y??
<br /> 1.Yrirt. , � Sv �,i+ii''l�il�
<br /> i�'�'t��: �, ,. . ., ) 3 �a c�,�� f �+3
<br /> .;I, .�. . ..�,, � •.. ks,MV�,�:a�,a;r , r � � �,� �� �;l ,
<br /> � ' ..a�+�w:Wkw�atw,..i.ranws.•• ..a�...rw�,v�dp%��'�?)�.�'"'""�,� ' . .. .. . . ........ ... .�i,.!_.ti....._.. ����
<br /> � .. .
<br /> .,....s.,x __..._.. . ._. �,..-`
<br /> _ _y' �ic.w....
<br /> �� � BoRO�4er'e escrow �ccount under the Mderal RMI �et�te SottlN»ent ProcMure�M�t al 1971 ���mrnds�kom Ikn�to Ilmn, 1?. lJ.�i.C. "'"`=";,,,
<br /> � 2601 et seq. ("RESPA'), unbse�noiher I�w Ihat�pp��1s to th�Fund� t�lt�� 1sYaar emRUnl. II eo,LonA�r m�y,nt eny qmn,cs�ller.t M� i t;,-��:
<br /> :;,.><<^ ;,.
<br /> hold Funde In sn amount not to exceed the lesesr amount. 4ond�r mey aNknfdo tha amAUnl ol fundn du0 on Iho baflte oi aurrnnt cJntn ,`,,',,''...1I.(_^.
<br /> " and reasonabfe astimotos of expenditures o1luNre Eecrow Items or othpnviita 6�ot�aet�l:in�o�����h npn���a1�►��nv,, ,; . �j�;t,.
<br /> .;v,..
<br /> " The Funds ahall be hetd in an hetitullon whoee depnsita arA Indurnc2 hy c� fCtta�tAl n¢nnoy, l�9trurnnninllty, m nnllly (InMu�ilnp �,,�;;,f.��.w.,
<br /> ,,,,.:,�.•.:.
<br /> �._._,;.
<br /> Lendur, tl Lender Is euCh en hetRutbn) or h any F�d�r�tl HorrN 6oa� [?nN�. LY�vdar ��i�ll npn►I Itm Rund�► lo nny tiio tEnoro+v t(1m �,r`!;{�:,:�-:,:,::
<br /> lender may not cherpe Qorrower tar hotdlnp end applyln0 die Funrin, annua�ry�nnN�np �na oaa�ow noao�ent�or v�rltyfn� ltro tincm� ;U;;:•i,:''',�,_;,
<br /> Itsms,unbss Lendsr pays Borroxer Interesl on tho Fundi and�ppli;apb►law pKn'►Ne l,MtIM(O CMkp iUDh B OIIAf(�0. lio�vnvor,I,ondor� ,,�.�.�.sr,,�
<br /> , may reauYe Borrower to pay s one-tlme ah�rQs lor an IndeponAtmt mal entRta lex re�rortkip�erv1:e ut�d by I.ontinr In oonnr�ntlon wRl�j ;;�K;��;�.��
<br /> ,r�;.
<br /> ..�� thts Ioan,unless applbabM 4sw provWes othwwN�. UnNse�n npr�mont la rnede or qpplaat►I�I�w r�xiu4���a l�icr�s�t t� tsn praltl,I.nnde�j -;:,.�_,2,v„
<br /> shell not be requPed to pty Bortower any hterNt or e�minpp un tho Fund1►.Borrowsr�nd I.�ndw maY n8r�►o l� �vrilln�, ho�vovor, the�� ,r �;r ::.
<br /> ,.;..�.�� hte�est shall be pald on the Funds. Lendsr ehell pN� to Q�nmvnr, wNhom ehupa, �n nnnu�i er.coimtt�p c►t Ihn 1�undn, almwln 3� 'ri?r -
<br /> •-�*�r�'�"' credks and debRs to the Funds and the purpo�e for whbh eeoh dabN to the Fu�de wa� mada. Ths Fimdm ma pHd(�nd no �dditlonnPr� •�1�;';t".,;-::
<br /> .f,�:•,s;:�:.
<br /> 4� t;r�.�..; .<-
<br /> securlty lor all sums aecured by thts Securhy InewrtNm. F,�L,�,,,.�
<br /> It the Funds held by Lendor exceed the omounte p�rml;tpd to be hoW by op�lb�bb law,Londar eh�tl!n�oouM In E3onmvor lar tho ;.{:��'i:_;
<br /> •'ii{;' ,t:�.;.:;,._.
<br /> �.:,,:: ,
<br /> excesa Funds k�aaaordance wfth the raquYemanta o1 appl'enb4� I��v If fhc►�mount ot the Fu;�ds �roR� by Landflr nt nny tlmn In not ":�r�:,;.:
<br /> "'���•� sutticlent to pay the Esarow Iteros when due, L�nder may cn nntly Donaw�r h wrklnp,�nd, In cuoh ot�o Eforrowi�r�hAll pny lo I.ondor
<br /> >i;��.'`;i;,
<br /> the amount necesaery to make up the de�clencY, Donatiivrr shall mfUce up the detklanoy In no more thAn tweAr� moMhfy pAymento,nt f:!,'•;-.-;,_
<br /> .c•,.,
<br /> Lenders soie discrotbn. J�'!��''"
<br /> � ' r;,��:�::�
<br /> '� Upon paymont In tull 01 eU sums securad by thb :'�+curky inotrument,Lander sh�ll prompty reNnd to Borrowar any Runde hold��Y ;,..;;_ :
<br /> � � � � Lender. If, under paregraph 21,Lender shell acquire ar seN tha Pr�perty�Lender. prior to th��aqubitbn or t�ls of Uro Pro�aly, ohnll Y?y;+_�:_.
<br /> . _ �� ,!J•
<br /> ,-�4�,,n, ��ar�d��Fan!s•held hy I.ender at the time of Icqub�!9�n or saM ea s oredEt�paln�t th�eum�HCUrod by tt►I�3�curity Inatn�mon6 ���
<br /> ' � v�° 3. Applicatlon of Payments. Un1ee6 appi'r.a6b law prqvidea othenvhso,all ptYment� rsoeNetl by►•��t�r un�ior paulpu�P���� �j;� ,,r.
<br /> + }`�',.rt�•� 1 and 2 shall be sppilo�:fkst,to eny propaymmt chnrUoc due undor tha f�ialr, s�ond,ro �mount� pAyl�bb u11tIW pAtppfAph 2; fhlyd �.
<br /> �,.:,: �,„
<br /> �; ,.,_,,� to Interest due;fourth, to princ�pal due; and lasl,to eny latn ohnrpos due under the Nate. , '�,..,.;.�
<br /> y � �t:}�' 4. Charqes; LIe08. �oROwer ah411 piy eU tar,es, acsessmonta, chupea, (ina and fmPosRbn� attrt�utnbla to tlro Propa�ry •.� �, i.
<br /> + ,•
<br /> whbh may attaln prbrity over this Security InstrumEmt, and 19ASehold ppyrnlnls or pround ronta, H �ny. E�orrowat elinl� p�►y ttm�� ;
<br /> ,:;:�::���'�'�
<br /> -��` obiipatione in the mannbr provided In par�praph 2. or It not patd In that mtnnr,eOrrOwN�h�ll p�y lhmr on lh►v drootiy to tho pnmon ��=
<br /> '`�;�.;;:��' owod payment. Bortnwer shall prompt�y Nmish to LenAE�r oll nottces of�mounts to W p11k1 und�r lhl� p�r�yrt�p�►. II �mrower mNut �+�=`
<br /> -.ti�::: ;}., these p4yments directly,Bonower shall prompty tumUt� to Lendor roceipte evkmalnp th�paym�nu.
<br /> _ %�;�.�,y� Bortower ehait pramply dbchargo any Ilen whbh heo priorfly over thls S�curHy Inttrummt unN��4oaoNw: (e)egroi� h wrNl��p lo
<br /> 'ii;y;ir"; tha payment of tho oblipalbn seCUred by the fien In a mflnnor acceptable to lmder, (b)aont�ft� tn pood f�kh th0 I'sn by, or dnl�ndtl _
<br /> aawinst enforcertiea�t of the Uen h, legal proceedhfla wtitih In tho Lendere ophb�opar�t�to prewnt th��nforcernont of Ih9 I'sn; �r(o)
<br /> � ,. ..LL� . -
<br /> � secures from the holder of tha Ilen en apreenNr►t s�tkttaotory to Lender auCOrdin�tnp tn� N�11 t0 tnq 07GUriry ii�iS��i$wiiS. �!!.:s�
<br /> - • determines th�t a�y part of the Property Is subJect to n Ibn wh�h msy att�h priorky over thlb B�CUrNy InsW�nM�L l.ondM rnny plv�
<br /> - BoROwer� notice Identityhg the Ifen. Bortower shnu eatt�ty thp Ibn or t�k�ons or mor�of th��otbn�tot forth ebow wHhin t0 d�ys
<br />--` �+j,��:. of tha aNhp ot notbe.
<br /> ;:•
<br /> Axx�. ..
<br /> �W�:��;�,:. b. Hezard or property Inaurance. eorrowe� BhRll kOep �ne Ynprovenwnte now ex�stn9 or hero�flnr aoctea on in�
<br />-• - �-= Proparty Insured egalnst bsa by flre,haurda Included wi!t�h tho term "exte�nded covwap�" end iny otha �mrds, inaludfng Mood1 a
<br /> -�;;;� IWodbq, for �vhlah Lender requkes hsurartce. This Insurrtn�e 5hall be manGsincd in th� amounU and ta the {►Mbtk lilXt LYndK
<br /> °`� -=�.r•. �, rpukee. Thv hsurance aarrler provldln0 che nsurance shntf be ohosen by Borrower subJeat to Lander'm �pprovel wh�Ch eluN not b�
<br /> r,���,.:..�
<br /> :=LL�;��'�� unreasonsby wkhheld. It Bortower tafis to mahtah acvern90 desorfbed above,Lenda may, �t Londers optbn,oGNh nowrn0�fs
<br /> u�����. .. pruteot Lender's riphts H the Property in�ccordance wkh pr.rnflraph 7.
<br /> �w j "'`'�'�.�.� All hsunncs polbba and renewds sh�ll be ecc�pttbl9 to Lender and shdl inoiude�6tandard moR�p�oluuao. LondiK�haM h�w
<br /> '•-���� the rlpht to hold the polbfes and renewals. II Lender requbs, Borcowar shall promptty aNe to Lsnder�N r000pts o1 pA{d pnmlumf�
<br /> ����'-���' nnd renowal notfces. In the went of Icss, 8orrowa chall pkr� prompt notke to the Insurance c�rrbr�nd Lond�r. LandK rrMY m�kr
<br /> :
<br />-'T"?"-��� proot of bas H not mndo prompty by Boirower.
<br /> ' -_ �`�� Unless Lender and Borrower otharvrlse eqree h wrkhg,hsaranoe procoods shall be applied to restaatbn or rep�ir e�f th�Pronnt�r
<br />- `g'_r;�� Oamaped, it tho resto�atbn or repaY Is ecorom�oaly fwsible and Lender'6 securNy is �ot less�nsd. N tho rostont�on ur nptM N nat
<br /> _�� econombalty 1easWle or Lendor's socurNy would be lessened, thu fnsumnce proceeds shatl be applied tm tT� cums n�cund by thi�
<br /> :+�t�� Seourky Inatrumont, whether or not then due,with any excess paid to Barower. It Borrowsr 1�bandons th0 Propotty, or d�af not
<br /> -- -- - enswor wRhN 30 days e not�e lrom Lender thet ths ineurance aarrWr h1! oftered to settb � olakn, tmm� l.6nda rt�y COIMCt ihi
<br /> __ _�..y -_�� insuranCe procaeds. I.aider maY use the proceeda to repak or rostore Ihe Property or to pny 6uma socurod by thh 6oCUrRy
<br /> __�?�w.,:�� Instrumer►t,wheiher or not then duo. The 30�day perlod will beyln whbn tt�e notice Is pNen.
<br /> - "'�- � Unless Lender and 8orrower othenvlse apreo h wrRhp, nny epplict�tlon of procoeds to prinClpnl shmN not Eocttncf or poatpOM ln•
<br /> :;-.g=�----�.
<br /> ,r�-='�i�"° dus dato of the monthy payments ref�rted to In parayrflphs 1 and 2 or ahNpo the amoui�t Ot thv p4ri�¢nti. U undN ptteptaph 21
<br /> -:,�_-�.-- _
<br /> - � 7'.:' the Property Is acqulred by Lender,Bortower'e right to eny Insurance polt�iea and proceeda resuRlnp kom durr�epo to th�Prop�rty pr r
<br /> �. �� ta the ncquleRbn nhall pass to Lender to►he extent of the sums sc�cured by this 3eourfty Instrwr�nt Nnma�tlkt�ty prbr t0 th• __
<br /> - - acqulellbn. �`_.
<br />-- 6. Occupancy, Preservation, Matntenenee and Rrmteatlon of the Pro�orty; f3urrower's Lo�n _�--
<br /> . �� Appllcatlon; I.QBSlhOldtl. Borcoww sholl nCCUpy, estsblish, nnd u�e iho Property ea Borcower's�+ri�olppl ro8klanc� wkhln �lbcty �_�
<br /> days plter th9 executlon of thls Securky InstmmeM and shall continue to ouupy tho Propexty ns Borroue�6 prM�Ofp�l reeldMC�tor at ,.�,
<br /> latat one year efler tho dat� of ocauptncy, unless Lender otherwlse Faqrees h wrRhp, whWh conimr+t shnY not b� unraaombly ,.;�^__
<br /> � wRhNetd, or unbae extenuetinp clrcumstNCes extst whbh are beyond Borrowvr'8 controi. Borcower 6ho�N not dostroy,d�msp�or ImpaY __
<br /> the Property,ellow the Pro►rxty to deteriorato,or cammk waate on the Propttty. 9orrower shall bo In dofautt f!ony (orNltun�otbn oi _
<br /> �k� � prpooedin�,whother aNU or crlmfnel,Is begun that h Lendor's pood faRh fudpmont could resuR In tortmflar�o of tPio Prop�rty or olh�rwlf� -
<br /> _ ii... .....�� ti� ►hIn cur.��rxV Inawment or Lender'3 eocurity Milerest. Borcower may Curo �u0h e dtRauR�nd
<br /> . — __ ��_� mnisriairy uiiN6a` i�o ��� ....�...... �s ..._ _.._ . tn L�nd�r'�pood I�Rh .
<br /> � ninstato, as provlded In paragreph 1Q,by cwsinq ihe eation or proceedDnp to ho dlsmiused with m rulinp thrtR,
<br /> determhat�on, precludea forfakure of the Barrowors Intorest In tha Propony or othor mataWl rnpahmor+t o! th� Ibn craet�d by lhh
<br /> SecurHy Inatrument or Londers security Interest. Bortower shall also ba h dotauk if Bonowa, d�rYip thm Ioen appllCatbn proc�es, �,
<br /> qavq mntorbl� talso or Innoourato Informatlon or atatemants to Lender (or fQiWd to provido Lendnr v,tth esiy mtterl�l kttormt�tbn) In
<br /> Connaction wlth tho lonn evidonCOd by tho Note,Inoludhg,but not IlmRed lo, roprosentotlons concemin� Oorrow�r'0 occupn�0y o1 tL�o
<br /> prupaty as a prinolpnl resldonco. If tNa Secu�ity Instrument Is on e lessehold, Borcower ehull Compy v��:h all th� provlaWns of tho .
<br /> N�se. IT Bortowor acqulres lee Ihb to thv Property, the leasehold and tne toe dtle shell not morQm u��Wss th� Lcnd�r aprNS to Ih•
<br /> � m�rper In writing. �o�M aoa�o�oo
<br /> - � f�JGY.lMO(7/�by Pips 7 ot S
<br /> .. 1
<br /> 010001 3790 '
<br /> .
<br /> 1 _ _
<br />
|