|
:.;� J f.`;,.,..::�•��... .�G. ._�: �`���
<br /> �`�� �� ' —
<br /> -��-^-`�� - _ „• �. . .. - .t :�
<br /> _s.c-';._ : _ _ . _ .. s `_- ' _ . - _ 'r _ -
<br /> — ` + a o{ c f�, ' : ` � �- ` t;.�.
<br /> "'� i`�'� - . .. ' ' ' ' . - �Yf_._f�. .C.�ci 'r_ �
<br /> — _ . . _ S.1�c._`�r ..' � .—.�_..s-y--�t.,_...._+�.vv'�._�� _��._,� -'<-.'� --' • _ _ -
<br /> � t • .._...a....+..-.e. _'_ .,��_...iv— � � .
<br /> ' - w��..+....�.�+�at�. C '
<br />.. " C t�. � fa� , �A' .
<br /> ' �..\' � . •�..: . � .,
<br /> � .. .,'. . • ��� ����� � '.. 'r` .�4(��
<br /> � y TOGETHER WITH ari the u'npmvements now or hemaftec tsoements and addium�o�n.g�shall also be wvem� _ .`: .
<br /> . � , . �pP��s,and C+�ctures aow or he�r a Part of the propert�+.All mp �ag the'FropertY.' � -`.��`
<br /> ,. � by diis Security Insuument-All af the fosegoing is cefeaed to in tjus S�auity ' � •�`
<br /> 8osxowm Covfx�r►ss that Bormwer is IawfiillY seised of the esmte heteby coave f reoord. Borroaertw m�iu and 4f`� "4 �r�.='
<br /> `� � u iu�mn0ered.exo�t far eas�nmbran�es
<br /> - : _ convey the Property aad that the FrupertY � amst all claims aad demands.subjecx to any encutnbzances of reoard. - � �
<br /> - '.':�=- arill defend geaelally the dtle to tIIe Pro try ag ' -
<br /> '�` ' T�s SFCUSmr Ixs�sv�arr wmbmes unifatm om�for a�iaaal ase and non-�mifo�n oovenants arith limited �s
<br /> � ` Y� vareations by jurisdiction to ooaninue a uaifaFm se�v�itY ins�umeas aovering real pnoPertY• ;
<br /> . . lJxu�nune Covav,u�[s.Borcawer�ud.leudec wveaaas and sgme as foliows: u a when due t ' .
<br /> ea
<br /> -;;, . 1.Paya�t ot FNudpal an�Iate��3'���Late Chaages.Bor[ower shall P�D Y P Y : •
<br /> the priacepal of aad inte�esi on�e debi evi�bY ohe Nate aati aaY P�PaY�t�l22e c�arges due uader ths Note.
<br /> � Z.PU�tds fo�Teses aad Ia�tu�Snbje�t Lo licable lavr or to a writtea waiver by Ixader.Bottower she11 Fa3► _
<br /> P tds �Hote.n�the Nate is paid'm i�ll.a sum('F�mds�>far:(a) :=
<br /> ` - to I.ender�o and a�i�montt�Iy p�are due urn3erover this Setauiry��as a lien on ttte Pmperiy:(b)YeuIY '_
<br /> ��� y cmems whish auain� oiitY ��d insaranoe �:(�Y�Y x �6�
<br /> 41 • 1 e n s�e h o l d p a Y m e n t s o r S mund reats on the PcopertY,if a�r�,(e3�Y�Y ��y�(��Y��l e b y B o r r ower ..' ',�;,t,�; ;
<br /> 1c Rmiums if any(e)Y�1Y�� �'
<br /> �' Aood insurauce P • ' h 8,in lien of the paymav.of mortgage�asuranee psemi�s- Y r !�•'�:
<br /> . . . w Lender, in a�oardance a�i��Pmviscons of paragtap � �-<�,-�.��_
<br /> 1�se items aze plle�"Escrow Items.'Lendee maY. ffi aay time.oolle�t and$for Bomuwer'sffiesccaw acwunt nnder the ''.�;;..�,�:
<br /> - . . maAmum amouat a teuder for a federally related monSaSe loan ma}+iequire, ��'° ��.f�,;� �„.:-
<br /> ., `� fedetal Real Fsta�e Settlement Pmced�es Act of 1974 as amended fro� ame to time. 12 U.S.C. § 2�l��s� r;,�,�;.�•'
<br /> � +�. ('RFSPA7.unlCSg aIIOihCi 18w ih2i�l'LES W IhC FIIIIdS S�tS S 2¢SSCt eIDO�il�e dnIOURL o�f F�uIIdS�d11e 07u�ihe basiS Of ~ r �+a�i�.'.
<br /> S � ' :r's"�' 1..
<br /> . �,;.� . hoid Funds ia an amount not w e the tes�er amou�. Leader maY iicable ` � 4�•�
<br /> �� Ie exPendinues of Fscrow Items or otherwise ia aocordance with app �. ;t
<br /> • cutreni �asonab �of � = �•�•���;��.,-,
<br /> ------s` ;r� law. �6�held in aa ins�on whose deposits are i n s i a e d by a f e d e r a!a�ia�luY•or entity .,- :h;�� -°:�
<br /> • k"
<br /> ;.,.5}�. Th6 F13II(LS , ;:�s'::; ,
<br /> •;,�,�.j (including Lender,if l+ender is snch an insdtution)os inaay Fedetal Home Loan Baak. s2�all appiy the Funds to ..�.{, �.,
<br /> � :.� a the Escmw Items. Leuder maY n�t charge Borrower for holding aad applying the F�mds. annnally aaaly�nS the . �:,"�, •�
<br /> � P Y Bomower�erest on the�unds and applicable taa
<br />� . ' ..`� esscrow ascouat,or vecifying the Fscmw Items.aniesv LEndec pays e for an �: �.�'�:.-,
<br /> r cro However, Lend$r may require Bo�wer to pay a on�time eYearg ..f �,-
<br /> °.�� permits I,ender w make sucb a chuge; Len
<br /> :� . �� independeni real estate tax reportinS seivice ased� Leader ia oonaearun wit�tbis toaa.�tess aPPlicahte�aw pravides ,t .
<br /> *.� .. ' . Unlesr an a�eeme�is made or applicati e law inte�est to he�aid,l.ender sha11 that�shall be ,� ;�:� ��``�:
<br /> .. . otherwise. � on the Funds.Bombwer an�Irender may agree m�vriting.however. =�;:'--`A'.�t.'�
<br /> BOtrower eIIy iIIteies[oI earnin$s . r..' ,
<br /> � paid an the Fuuds.L.ender shall give w Bonower,without c�e,aa annual a000imti= of the Funds,shawing credita end .w :
<br /> tig
<br /> debits w t h e F i m d s a a d thep�o se far which��it to t�e F�mds was made.The Fuads are p2edged as additional �, sJF{�`� � f
<br />--•,•�,-� . �.': seanrity far all sums secured by th�s S�ty I�cab2e law, Lender shall account to ;
<br />;,:1:'l,r.:: •,,:_,,:.�_,,:;� .. If the Fnads held by Lender exoeed the araar�ts Permitted Ofbe held�by�r��If ttte amounl Of the Funds,held �`,�r :.:
<br /> ' �,,1,frz;�y(� , Bormtiver for ttte excess Funds in ac�ordance aith the requnc�ments aPP � „ �%;�. �'+�.,'• :.�
<br /> '� t .�`�%, • $O 11U �I[OP/.Pt 1II�'dll�311 �'.5.,'t'�r�l �`'�p
<br /> f'�' I.endet ai 2ay time is not sufficient to pay the Fscrow Items a�he�due.Lender may tifY � 'Y+' ,.:,' t:�:.
<br /> ' ` `- `}��Y;,��+ yuch c�s,e Borrower sLaIt paY to I.eur'xr the amo�mt ne�ess�Y to make nP the def�ie�Y. Barruwer st�all ap die . �,. �j-� . __,
<br /> '�', <: f� a[L.euder's sole dissretion. `� ' �fi.� `"
<br /> '� < v�`"��� � defisieasY u►no more t�aa twelve moathly paYments.
<br /> . Vpan payment in.full of alt sums secared bY tLis Sec�tY Insaument, �'shaU promPtlY refuad to Borcower ; -=,�
<br /> ; or sell the Pmperey,,Lender, Prlor w the -�`
<br /> . • any Funds held by LeadEr. If. nader pazagraph 21.Lender shaU acquir� .�� i�; :•�r�;
<br /> • � :� ` acqaisitiau.ar sate of ths Property.shall aPP1N�Y �held by l.ender ai the ame of acqaisiuon or sale as a credit .; '
<br /> a�, �
<br /> ' S, .,�`: against d��s secaued by this Sec�itY Insuamen� received hy Ixndec uader ;,:_ �`�'`-�
<br /> ��„�';�' 3.S��l!�a�a of�hymeats. Untess applisable law provides othenvise.all paymenis �ci � =
<br />{ �,h �h es due under We Note: sPrond.to amauars PaYable . � ,.,�-.
<br /> ,t,,,;: p�ragrapbs i and Z sbatl be applied:first,to anN L�P��S
<br /> ,• �; al due;and tast,to�Y late es dae ander the Note. , 7 „�, _
<br /> , ' >'_ �•':` : under paregraPh 2;thind;.to inteiest doe•fourth,to prins�P ���positions auributable to the . . . �-; �,�. -
<br /> _, , � �,��;H�. B o m awer shall pay alt�ces,asse.�ments.c�as�c�. __
<br /> �:�' ;..� • �z�_ i ctmment eIId 1�t0 I d paym e II t 9 or g[o u C A t e u t s. ��Y• T
<br /> ,.':,:y`?`i:�14.,; whicL maY at� Dn°rhY over this SauritY, �- • Borrowei st�a1l, ' �� ; —_
<br /> • „ ,,.c; �r ��+ these obli auen�us.rhe manaer prmaded ia paragtapL 2,os if not paid m thai m�ner, . .� ,- --
<br /> , ,� K �' Bormwer sDaU PaY. g fum�sh w t�eudsr all noitces of amo�
<br /> � �.,;r:s�i° r= tbem an time duealY w the p�s r�w e d paymen t.B fl�r o w�r s�a ll p�Y �'.*,
<br /> ,'`ifr;i''{.'•� tOybC paid under this paragra�L.If'II?�ezower makes these paymeuts disectlY, Bortower shaU promptly fl�mish w Len�ec - �� �a
<br /> I; • t'' . �" reeeipts evidenc}nS the PaYmen�s•. � �A�� -
<br /> iY1..
<br /> + ' - Borrowet ai�all prnmpdy discfiarge any lien which has priority aver this&�curlty Instmment nNess Borrower:(ay ----.�-._
<br /> s� � :�
<br /> J.•c.���....,I•. Sl � ��{ ag�es,in writing w the payment of tb.e obligation s�ured by the lien m a manner acoep�able w Lender;N)oontests in _
<br /> ?{ ' r?,��fi7, ` ,; good fa�th.the lien by,or defeads against cnforcement of the liea in,l�lder���wh3ch in the�r's�up�� . r� -
<br /> E .
<br /> .�., ..�..;. .; ....,;� operate to prevent the enforcemeas�°the Iien: or (c)sewrea fcom the o of the�art of the Proe� is subject m a "`' �
<br />:::;-,�:.:�.,,: ,� y` l,ender subord3naring tae uen w dtis�r�sauitY Instrament.If 1RUder determiaes that anY P P rt3► : �. 4,�.^,-
<br /> .en nt Lender may give Bormwer a uoi�ce identifying the lieci. _
<br /> ; �. . °.. lien ahich may attatn t�s�rriry a:�r�is 5ecnrlry �nstrt�me • . • • • .
<br /> ,, � Boaower shall satisfy d:l'L.°a oz ta'�on�c:mnre a,Ethe acdons set forth abflve a+ithm 10 days of the g�v�n�of nottce. �-� �-���-
<br /> Y � •
<br /> �.t��, 5.Hszard os Ii9e��4y Qra�,r� t3ocmca�r shall keep the improveaa�ats now exisang or hereaflr�ase�ted on t�e� �,
<br /> '' ,f�,• ,; p�PertN �ured a�aiast Io�s by �S�e. �azards i�..`��ded withia the term "eatended wverage' and aa�'e�her ha�, ,y J, �F�� '�,
<br /> �j ., rom,soze 0/P�2 ck C�d ` '�.��,f ;,1 .
<br /> � ' ±�
<br /> '.1�. . '.�t 5��1h l�l:;:...
<br /> ' " � �'� BANKHRSSVSTEM9,iNC..SS.ttCU�.MN 583:i c*r7�0397•13411 iORM YO�1�lE 4/9/91 . • -
<br /> '�} �: E" . •
<br /> �>' ..
<br /> �. . �,.
<br />-_ '. F.: .
<br />- , - � � �.k. .. .'. ,.. � .
<br />__ _`, . ._ .. . ' ..
<br />=��.v��'� l���.+ ' �7 r, . . � - �
<br /> �} . , .. . .. , ._,_ . -.,_ .. � � . � . ' •°" ' .. ' . .
<br /> jl` � . ` .�..Tli ' , . . .. , f . . � ' " . . . , . � .
<br /> ' .. . - ' ' � ' .. . . •' ' � .. - . � . . . . . . .
<br /> .y . . . . . . . - . . . . . • . . . .�.
<br />.: � .. . . . • .
<br /> _. �� .. . . . � . . , - . .
<br /> � . . . .
<br /> _ , . - • - . � � , . .
<br /> __ .. � .. . . . •' .� . . . .. .. . . .. _ _ • ... •
<br />__' . � .. .. � . . ' . . _ . - . � � ._ ' ' . ' . ' . .
<br /> :1. _ . - . , . - , ... .. ' . . — ' '" ' . '. ' '" .
<br /> ' •-.� . � ' • • � � • � ' . ' � , �' . •• . , .n'j'L^�'L�.`.'rt�.'�ti�s�s^�r^t'�r}.i..e� ,� '?.!, �,• MS�{ °y 1:.
<br />.. , ... . . .. . _. _ . _ ..—_._..._._ - . ... . . . . . . +r- . a. > �.L..i•. �.'_�=3.:.�. .
<br />
|