|
- . ' . ���k i r1 '.- rr i � -. . " i-- f - -
<br /> - l���'a.:���ii 3 �t5� y1s�J i� r__ � _ _ -1.2: rn.:._,1:.- -:-:-'.
<br />.:-,--.__""! _"_-' "s!'" `•� 3tia1:r:C«��i».ru.raa:�:iWN17�YY�iYJlwk'ulI/i(ifiilNtic6_.. ___..�.........,..._._.:'.:....' -_ ._.
<br /> ��'"" '�i/�(t7
<br /> TfXILiTI1k{R WITN all tlu Improrrmcros now or hercaftcr enrtcd on�ha prnpcny.wA aIi eucmcros,nppuncnancts,
<br /> and tlxlures now or i�errafler n px�e of the propeny. MI rcP�ae.memx and mlditions shall nlso he covercA by �hit Secarity __ .
<br /> inslNmcN. Ailohheforcgoinglsrcfcmdtolnlhis3ccuritylnswmtmmdw"14opcny."
<br /> BORR�WfN OOV[iNAN7:S tha�Ifottowcr Is Iawfolly ulxd ot tho cs�atc hcrcby com•a�ed and has�6o dgl:t to grant
<br /> and wnvey�ha liopeey and thm tho!'ropeny i+unencumbend,excepl fnr encnmbrnnces ot rcmnl. R�rtower warrraus nnd
<br /> wlll dcknd gp�crnlly tho Uilc to tho Property,gain3t alI ctahns and dnnands,su6Jcc��o nny encnmL:+nccs of ntiorJ.
<br /> ��{�g Sf?CURITY INSTRUMGKf wmbincu unlfomi covannn�s for nniinnal asc and nnn•unifmm covcnama wl�h
<br /> Ilmitcd va8atlons 6y Judsdictim to cnnsli�me n nnifonn xttori�y Insmm�em cm•edng rcal propcny. _ .
<br /> UNII'ORMCOVIiNANTS. Rono�vcrand4cnJcrcovenanl,ndngrconsfollows:
<br /> 1, f'�yment otPttnctpxl and inlerali Prcpayment nnd I.nto Cherges. Ilonowcr siiall promp�ly pay�vhen Aue�he
<br /> pdnciPal of nnd INCrcsi on qio debt evldenecA by�he Noto nnd nny prepayment nnd law charges daounder�he No�e.
<br /> 2. Almdstor7qxesandinsuranre� SnbJecitonppIIca6lolaworwnwducnwniverl�ylan&r,Uottowershallpayto
<br /> 4endcr on tho day monthly paymcros,rc dnc undcr�ho Notc,umil tho Notc is paid in tull,a snm("Funds")for.(a)ycedy
<br /> taxes and assessmeuu vrb!ch may nnain pdomy over this Securi�y insuument as a Ikn on�ho Propeny;(b)yendy Ieaseho!d
<br />- payny;na cr ground rcncs an iCc Propeny, ff:my;(c) ycady tiazord or propc�ty insuruicc prcmiums; (d) ycxdy Ilood .. - �
<br /> insuranse prem[ums,if any:(e)yeazty nxn3ago insumnco premiums.If any:and(q 2ny mrzLS paynb�e 6y Oorcower a
<br /> F.er.d�r,in teemdar.cti with tta provisions oF par�raple 8,in Iteu of u1e paymem of mottgaga inscr�nee prcmlur..s T[xu
<br /> items aze called'Escmw lrenul Lendzr may.at any[im�e,col:ect and liold Ihmds in an amount no�to exn�ed e`�ue rmuimum
<br /> an:ount a te+�d:r tor a fn.@rally related moc[gage loue maY rcquire Eor£rortowerr exrow acccurs ur..der ihe fetzrai Real �._._
<br />- Fstate Settlemen�Pracednres Act of I974 as ameneted from tirt:e ro tinx•.1?U.S.C.§26(1l et seq.CRESPA'),unteu anotAer �-__�
<br /> law that applies m tT.e Rmds seu a Iesser amoua�. If so,l.er.der may.a[aoy time,collect and Cold Ponds in an am.�v:nt nol lo --�-�
<br /> cxeecd Ihe Icner am�unt. Lender may estimate ihe amoum of Fuad:duc on �he basis of currrn2 da�a nnd rcasonabit �#`.:1'_
<br /> es�lmates of expenAiwnn of fuwrc Cscron Items or othenvise in actorA+o.e wi�h appltcabie�aw. c�=��M1_r.
<br /> 71�e Mnds shnll tt held in en InstitWion whose d:posi�s rn iaYUmci t�y n feCeral agency,iastrumemafln',nr entiry y�___,_,
<br /> (irnluding Lender,if lenArr i>such an Ins�f�mloN or in any federal Hume t.+ran 6ank. Lender shall�pply tho Tr.n3c�o pay �;_�-:
<br /> ttn Fscrow f�ems. Lender may not charge 13ovmver (or holding and xpplying Qir Fmlds, annually analyzin�[he esctow �'�T+�'����`4
<br /> accouN, or vedtying �he Pscrow Items, uNess Lender pays IIovmver inrercsi on �he ILnds ,nd applicable Iau� prmiiis .'-""'��_
<br /> Lender to make such a eharge. However,Lender may requirc Borro��•.r�o paY a one-time chuge(or an inde}redrm real -F v���
<br /> estato tax rcponing service used by Lender in connec�lon wilh�h1s loan,unless appltcnble law proviAes o�henvise. ltnlrss an �;��>��_�.
<br /> agrcement Is mnd.or applicable law rcquircs intercs�io be paid 4ender shall na be rc uircd lo � 6ortotiver un•Inttrest ar �?^--•---
<br /> 9 P�Y ) �.
<br /> etitnings on the Funds. 6orcower nnd Lender may ng�ce in.ri�ing,f�owever,that in�erts�shall be paid on�he hlmatc LenAer �t�ir_. ".
<br /> shall give to Donower,withoui charge,an annual naoainug of Iht Funds,showing crcdi�s end debits lo Ihe Ftm.dc and ihe � . , --,
<br />. pu7pose Por u�hich exch debit lo�ho Ilmds was made. Th.IlinAs nre pledged as uddiilonal securi�y for all sumF se.ared Dy y st�,� Y �
<br />�� �hisSccurip•7ns.Nnent. �Silr�,;:-
<br />� If tizc St:x!s M:d by Lcr.der enceeA*.^^_ 9nt^!n!s p!'mil!!� �� hr heid hy spplfcable lav:,Luider shall account in � -�. -•
<br /> �orco�ver fm 9�e excess fimAs in ncwrdance wi�h ihe rcqnfrcmems ol applfcable law. I(�he am�asiz o1 the Funds held by t�k;�.;:r
<br />' Ler�!er ut v�y�ima is na�vxYficiem �o pay�he Cscrow I�ems when due,Lender may so notify Dono��rr in wriiing,and,In .��j,y<i;:'::
<br /> scnc �ase Donnwcr shall pa�� �o Lender�he amount necessary to make up Ihe deficiency. Oortowcr shall makc up iho c,;�;t:s-�-
<br /> � deficiene in no morc than twelve monthl � meNS,n�Ler.i:rY sole discrctfon. �"f�t''�-
<br /> y Y P•Y �.+e:-
<br /> ' Upon paymrm in full of all sums securcd by�his Security Ins�nnmrn4 Lender shall promp�ly rcNnd lo Bortower nny �qr+ic:.
<br /> - Mnds held by Lertder. If,under paragraph 21,Lender shall acquirr or vll�he Ropeny,Lender,prim�o ihe acquisi�ion or yl�;�,..-
<br /> � sale of�he Propeny,shall apply any Ponds hcid by Lendcr a� �hr timc of ncqufsi�ion or sNe as a credit against�he sums �,'(�.•
<br /> � secnrcdb thlsSaunt Insuumcm. +�"Yr:-:
<br /> Y Y ;:�.{•
<br /> 3. Appll¢alion of Peymenla. Unless applicable I;nc pmvidae o�henvise, all paymems rcceived by Lend:r under ..,,.,-
<br /> pamgmphs I and 2 shall be npplfed:firs�,to nny prcpaymrm charFea d::e under�he No�e:second,ro amoums p�yab!e under �-+- -.�-��
<br />� paragiaph 2:thir.t,to Interest due:founh,to pincipal due;and lac�,tn anr late charges due under the No�e. -�'"'�
<br />- 4, Chasges; l,ienx 8ortmver xl�.+ll P�Y flll taxcs, usessmmt..rharges, fincs and iinpai[ions auributabie to thc �;�.'��:4'���
<br />� Pmptny�vhich may nnaia prinriq•over ihi.,S��nmy Inxtmmem,xnd Icasehold payments or ground rr.ms,if nny. 6ortm�•er �;._{�<'i-�;:.
<br /> - sF.all�y ilxse obligalinns in�a mnn�r provided In p�ragmph 2.or it not p�id in tbat manner.6arower shal l pay�hem an v�t�:�;';-�
<br /> ' w�w dimctly to the�xrson unc-.l payment. 6ortorver shxil p�mnptly Nmish�o Lender all notices of amoums to be paid under �3�;,�:•;•�
<br /> - :his parAgrz;h. 1(Qorcower maka these payments direttt�.Oonower shall promp�ly iumish�o Lender reeeipts evidenclnF ff�'k:�,z--_-.
<br /> �F.e paymencs. ��y��-
<br /> ' �ygf-,
<br /> 6ovm�er shall promptly discharge any lien which has priority over�his Saurity Instrumem un'ess 6ortower.(a)agrces �=;�y�t,4F:.:
<br /> � In wri�ing tu the payment of ihe obliga�ion sccurcd by Rre lien in a manner aceep�able�o Lrnder,(b)coNes�s in good faith the �i�;h�,__.
<br /> lirn 6y,or defends agains�enforcemem o(�hc lien in.t�e�.:l p:ocecdings which in ihe I.enderY opinion operate tu prx�•ent�he �t, ��.
<br /> . .n(ottemem ot lhe lien;ar(c)securcs(rom�he holAer of ihe lien an agreemenl sa�isfactury m Lender subordirta�ing the licn i J,#J;�; „-':
<br /> �o t6fs Securite Irtstrument. If Lender Aecemiines ih.n an�patt of�he ikoperty is subjce��o a licn which may mixin prioriry ��)p;:;�_;.:�.
<br />� over this Sccuri:y lmuumcm.Lender ma�-gi.r Itonua•er a no�icc idemifying tlre lirn. 6orroxrr.hxll sntisfy thc lien or mkc '�"''`��:;_
<br /> one or more oi eSe xtions se�(onh n6o��.�vithin 10 days of�he giving o(no�ice. �'��«�°-
<br />�- S. ilnzns�or Pcoperly Insurance. 6wmncr shall kecp�he improven:cnts nun�exisung r.hercafter enYled on�he � --�" �
<br /> Propehy insured against Imo-hr fire,La:ards induded�ci�hin�he�emi"extendcd co�rr.�2c"nnd any mher hamrds,including � -�� •=
<br /> Ooods or Ooaling.for ahich�L.nder rcquires mw�an.r. "Ihis insurarn shall hr maint:�ined in ihc amounls and for�hc �F4.;:;;�_;
<br /> er.,.
<br /> . kurm}O7Ai 9.90 qucr:,JnNFnI ; ��+;�'��.
<br />. ,:--,.--.
<br /> i � .
<br /> � `��.�:,:'�.
<br /> z-- ' . �.1- rr.�],-f�.. '^. •:...,,.—.. .�in.. .... . _ . �. .: -..a,_ n—Ti°T :-lir):;.,�-sn.,. ..r.gyA•-lt r-.-- .
<br /> - > ., . _ _ _ . . . .
<br /> ':i. '.�:�' .. ' - '
<br /> 1
<br /> r
<br /> i r{�r�` -.: . �
<br /> �t(4, .
<br /> n�i S` . ':i, � �� .
<br /> A ; ,
<br /> i �� if -i -�,rr� ' �. .r : .... . .
<br /> � '(tl+`!s. 1 ��.�� NL� . - - -� , . ,_ �
<br /> V� �� : T 1���1}� . F� r .{ �,�� . . - _
<br /> ' tt��Sst��iS��R 1nFi� •_ _. �. . . _ . . . . _. _ _ __.... . ...__.. . .'.�_'.
<br />
|