|
� 4 tS.f� _ t '�� -0" R. .J ��Jc -
<br /> �'_ _ i 3 E.
<br /> M� --+�4s�� , . � Y � 4 � i S sh . -r' �� `�k`� �: } � �i 2 �
<br /> � < <z g' r 4 t v L �,. ,�.. } �. ; �'� .
<br /> ...-/f• �� _5 .. `i Q4_ E4. .�._ �.� _ � a. �.., f,
<br /> .i ¢' �f, � � .
<br />.. �<� ,K, ��C'
<br /> _ �.0.c
<br /> `.,..1�..�__���t � � •`` �� .
<br /> i�!'!'.;••
<br /> ' -� Tp({ETHBa WiiFi aD ttte tmProueme�ffi now or h�ea�er erected on tAe p�opertll.and all easemeMS. sAAw�na��es•and
<br /> ` ::i:, tb�nss o0w or ACrEtsftet e pett Ot th9 PmP�Y-��D�1s�t0 eQ�t1m�8 shell8►so 6e a�rened Oy tt1iS SeZUrSY instrlunen� ��=.'s'i. .
<br /> ° '�``�� AO of the farsgotng�refeRed to�n thTs�au�yt�as the'PraO�Y•'
<br /> HOAAOYIGEER COVBVAl�3T8 thffi Hccrawer Ls�►v+N�S►sa�d of tltB�hezshY corneYed end has the�At to grant end � ,x,.':^}e
<br /> Y R
<br /> `c ' camraY the Prape�ty and the!ths PropeRf►(s unentumEereO.�t[or enaunDranr,es at raeord eorrowm warrents end wiD � �.,4.
<br /> � detend gena�i the t�tn th9 PrOp�Y�si e�etaims end demanQs.sublaet to anY eneu��ancas of record �
<br /> y�', �
<br /> THIS SE C U R i 7 1 f I N S i R U M 9�1 T c a m b t n� u n&o r m c a v e n a n ffi f o r n a d e a e a� u s e e nd nonim�arm eovenants w3h Cmaad ' . . ` y='
<br /> • vartattons bf1 I��n to eansti�te a ungoim secu�dY hsd'ttnent eover(ng real ProOertY• � .
<br /> UNIfrORM COVE�tANT� Borrowar en0 Lertder coven a e rt en d a�e e 8 s f o II o w s:
<br /> ' i. �8y1116M Of P[IliCT�td 8ftd I[!�/E8'� PYEp0yi1l�Qt IIR�LBtC ChBt$P•8�.Bortovrer ShaD OromPU11 PaY�n �
<br /> � � due the�n C�al of end fiLerest an the debt evfd8need by t ha lVote ena eny p t�a y m e nt and�ta ct�ar9es due und�tRa Nate. - _
<br /> :�,`. .. 2. �und�f or T�es an d I n s u r a n a e.3 u b l e c t W e D P II C a b t e�w o r t o a w r i t l e n w a k e r b 7►Lertder,eaROwer snan pay .
<br /> ` ',.'^(��` to Lender on the day monthly PaYments are due nnder t1re NaLe.unl0 tne Nota is Patd in fu14 e sum('FunQs�l tor. (a�hearN � e;.
<br /> '=,��"-:".:
<br /> ��.�� te� end aSSessrtt�fts whSCtf seraY�0�1t a v e r M E s S e w r�y►l n s t�m e n t a s a U e n o n t h e P ro A�Y: N) ��od tnsuier�ce p `< ` �
<br /> payments or ground�ts on ths ProP.enY.�snY (c)Yearry ha�rd or P�P�1► insurance Oremiums:(�Y�!► � t `
<br /> `'`r � Prem3mts.it eny.(e)Y�A►moRgag9 tnsw8neo Ptem6un3.B enY:an d(t�enY sums p a y a bl9�y Bortower to Lend�te aexatdenee �.,
<br /> w3A the provistons ot pera9raPn 8.(n R8u of tha paYmsnt of mart� �sur�ce P��' These�s are t�fled`Eserow �
<br /> ' tiems� Lertder may.et anll�rt�e.coltsc!�d hotd Fueds In en amount nM to es�ead the mmdrmun emamt a tsnder fer a '.. 3.�=
<br /> [e6sralty retatesl moRgage�an may re4�for Borrov+e�s e��arow eaauat im4er the�a1 tteal��Proceduc6s
<br /> Ast of 1874 es Bramidad tcr�Cans to tirte.12 U$.C-�28D1 et se4•('��A�, unkss another tmar th8t ayD� tn the Fu1�Q5 _- , -
<br /> �r-`'.�' seis 8 tesser art�ows� It sa.:i�der maY.et any tana caC�ci ant!hotd Funds &�an�.^�n!aat ta s�aed t�0�sser amouM. �
<br /> f.•: {snder may�Ms��ud�i F�@cea Oe the bas�o!air�t dat9 Enfl raasr�is esta�aLS ot e�enQ�Gues ot fudue .'Lr -
<br /> � • Escnaw Items er atherx�e�'+aceordante wItta eDDSiesbta�w. s����.�'.�1.o�en�1►Cnduding �%'
<br /> };-r tF�� . The Fung,a S�aR te P�iQ ur ar+fisL'tution wliose depos3s are�by _
<br /> '�s':``�rk�+y.1'.`.,f:, Lender.U t,�d�is sach sca+nst�utton)or tn mry FederBi 4tarme Laas+�k. Len�eF st�B eD�!Y�a�ictds to RaY the ESCrow �r `
<br /> :�1:;�� �:•�._. '.�s-Lendet may nat ch�ga 8orrower far hotdhg an0 sQDtytn9 th3 Fiusds.etmuaQY en9�g the esaow eccouttt.or ve�rUyin9 �� `
<br /> ,�.;�<�',�;�''�;:�T-�1�F;`�l ' :��. .
<br /> ��. 7 t�hs Esaow Items. unfess LenCec PeYs Borrower hOa�ast an tAe Fun�3s end eDP�caEis Eiw P� lsnder to make such a
<br /> :•,,�,;�:",;r� •��•. ;� 8orrowet W Og9 a onattme charge tor an in�Qent rea!esmte tax reAe►Nn9 senrte9 ��;;:_
<br /> :;z,,..: , .,.;.�•.. char�. Mowevsr. Lender may requYo ent 1s made ot �_=
<br /> �,.,,".:�: Y .:. t osea ay t�r►aer �n conn�cton wan m�s �oan.un�ss eppQCabla taw Provides otherwise. Un�ass en a�eem =__-__-
<br /> . `�-. BDD�ab(�Iaw requfres(ntarest to bB pBfQ LettQer ShaO not 6s�eQuired to paY Bouower eaY tnierest Or eem�ngs on tha Furtds. � _
<br /> - _. .; _�i:�� Borcawer�td Lendet msY a���8.tt�wever.thet�t 8h8U ba Datd on d►e FunQs.Len�t SheII phre to Bmmwer. -
<br /> �-r,�_
<br /> ' wrthou!eh�8e.en ermual eocountB+9 0!t8e Funds.showtn8 aed@s ead QaD9s to the Fartds arta the D��trn wtiich aoch �_
<br /> . �.�'ei.: do4R te U�e Funds w8s meC�. The FunQs ete Piedgad es addittonal8ecurBN tor 80 surtts secured bY th9 6�rrlt!►tnslrumenf. ��,;.
<br /> J,�.`° ti the FunQs hetd by LenEer�ee0 tAe et�ounts perm R t e d t o b e R e i d b Y B A A I k a 4t�law.Lend�r ahaD aecaunt 40 800rowa� ��.�
<br /> •. ti .:�, , tor the�cess Funds in accorCance wM tAO �equirements af anpQcaDia�w.I}t88 emcunt o11he FunQ3 tteld by Len�at any �.
<br /> _ _ ..� s, �..F• thte LS t�Ot 6U9ICI�it t0 PaY th0 EBC�Ow IteRiB Whfll�QU9�L811�T rt�9y 80 rtOtiM BOROW9r(t1 wr8E19.8nd.b suoA ciss 8orta�er
<br /> :,�. eRaU pay W Lendw Ma anfowt n�to maho aD the defici�ay. 8ortawmr apaD matce uD the dettct�nay In no�mo Nan �^-..-
<br /> txre}ve montAty payments.flt I�QefB eot9 dfscretton. �"�
<br /> � ttpon payment tn NO of aIl sums secwed DY����7► tnatrucrt�b��s�D�mPUY�nd to Bortawtr anY Firnds ,
<br /> . , �'�.',% Qefd by L�Q� if.under Oara9ro0h 21.lenQer shail aequt�or s00 ihe ProO�Y.Lend�.OKar to ttis acQuL�9bn or sai�of t�e �..R
<br /> . ' (' F�roPenY.ehall eAAN eny Funda heid b1l t�tQer et the thie o!act�b�tan or ea�fls a Cred�eQ4(nSt tha sum9 89Wm0 bY thts
<br /> � ` • �::'.�; BECU�Y h+Strumiet�t. .
<br /> � ' ;�. Ap�I1C8410D Of P8yR18Dt�. Unf6ss eOP�� faw provtQes otherwke. eD PaYments teeelvea OY �� under __
<br /> . pgng�rgphs 1 ena 2 SheD be 8DOP6d: fbBL to 8nY pteAaY�t��H�Q�a under Me M1tota:SeCOnO.to BmOSmb Da7fablB u11Qer
<br /> . ',. D�Dh�thtrA.to hlerest QueG burtn.W pMctpal due:anA fasT.to any late 41iar8�as dua unasr the Note. _
<br /> ,. ,.�:�:r, 4. Chargaa Ltea�a. earrowar snan vay aa�zes. assessm�►ts. cnacses. rnes ena r�osatoRS em�iuu�t� eo me . -
<br /> . . . _.�;. �..:.'.y Piroperty whicA maY�D��f►mrer this S�curd7t tnsCUmee�.and bas6hdd pef��or�aund rents.B a�ry. Bonower shaU -__
<br /> pay•these obi�tlona�e Csre rtranner provlQeb h D�S�D�Z. ar H not paid tn tle�t mann�.8orrower shaD OaY iham on ttme
<br /> . 0'reetly to the R�n aaevd OaYmen� Bormwer s�an OromP1h tumBh tfl LenQa 4UmTSA�to Lender m.ce� avfdane� the
<br /> , . parsgraph. ff 8orrowc� m�ces tdase DBY�ata d�Ctryl. Bortower sha� P��'f ---
<br /> . . p871+nenTS. Q�whkh h88 P��Y Over fhts SecurftY msuume�un1�s BCrtaa2r: (a)sgtees tn .,_..�,_._
<br /> - � Borrau2i BhAtl Profnpthl dlseA3�gr3 ac►Y
<br /> ,'.�; w�trtg W th0 08Y�of the obf,gat��CUreO bY the Q� fn a manner acce�t�bia to LenQer: 4D)eont�*s 8s�a0!�tlu�
<br /> �-.,,,�, ,,:.,� � d1b ar det�mBs aSa6'-s!entoreemar:t c4.tfie¢�n n. tag$1 Drocee0�n9s wt�tar�+�ory toet�der s ord��lt�g�to --
<br /> .S.<�?.,�. � ,< entarce�ant ot the QEn;ar(c)seeu�as tress�s�a holair ot t�e Uen an a�eemesrt
<br /> ,,�`�?ii, , . ot tho Property is s�Ir�to a Qen whtoA may a1l���S►over tfits. ---
<br /> `�t�+�i'. .: :,. . '� tnta Securtty►mswment�1 ls�tder�G�ts tt�vr�.�+�t
<br /> �,i�:;;.,,,: ... �> �Tp�y fnstrumartt,LanQ9r ma7l S� �»aa�e actba td�tHyirtg the 1�.Bortov�eP.�f1 saUsht tha Oen or teke ara or mare ot.
<br /> .......... . .:.. . .
<br /> ,,,�.,,,,.. : . ths aotloas set tarth abcve w91�s t�C�qS o!tha 9�g o f no t i c a.
<br /> °�: �;,. . .:: �i'' S.Naaerd or.Property Ecr�ance. BortOwec she11 k6ep the�ptovet��Ow e�clstht9 0►he�eeft�e�e�CI80 Ot1 the _
<br /> `5%"•�=r.. . �..
<br /> �,�. . ProoettY�s�ued a�6��dcss by ftro. narards tncluded w9hin the teim'�o4enCe0 wveraga•end any other hasards.hc1�d(nS
<br /> `:���: .. � �'�� froads or ftaoding,4or xrAt(d�18nQer�eQuVes hsurence. 7Ns (nsursnce ehaU bo�ed In the amounb end Pot Me OeAoas
<br /> ,�
<br />: ^ri��',t,•��.�. . ttt�+�nsurance cerrPar pravtding the tnsurance sliaD be choEas by Borrow�sub�ct to Lendera eppraval --
<br /> -,ir.,:� !. �: .,' thfit I.e1iQ9T te�It60S�. --
<br /> . � , ryhicfi sh3'1 aat 6��sonaby wghheid. If BoROwer faUS ta matntafn cov�o�e0 above.Ler►der may.at Le��fe
<br /> oD��•t�i Cove?E�S S�ProteCt Ledidefs�igAts�f th�ProA�Y�aCCOrdenCe viM 9�9f8P1i 7• ,
<br /> • . AD"a�w O��s and renevraTS sha0 ba accePtabt� ta I.enQer end s�aU tnC4tQe s sTanderA mortgage Ctaus9.l�dar
<br /> � � . sAaU hara�e t�f►t to r.o7d ehe oonetes and ronewats. tt Lender re�6es.Barrow�shaU prompttY 9Na to LenQer aU recefpffi at -
<br /> ,.� .,���'. : pat�premiums anQ ravt�al aotice9. fn the eu�t of tosa Borrower ShaD glve OmrtRtt notics to Ue Insurance a3rrter an6 LenQer. _
<br /> e �..
<br /> , . lenBer maY mas�O�r�o!toss tl not made Oromyly bY Bonower. -----
<br /> ` •'..;, ������a BO�r o���eyree In wr�mg. tnsuranCe proc�ds shaQ DA app0od to�estaratlon ar repat of th0 �,
<br /> pro�erty datnagea.H the�estora8on a�epab la ecartomlcaRY teas�t�+�ne Le�defs sea�►fty'b"ot�essene0.N the resto�ation or
<br /> ' . . - ropatr Is not eaonomical�t teas�l�ar 1�n 6�fs s�u r a y w au t 4 b e f e s s�e 0.t he Insurance prac�stisu be spp6ed to the sums c�_._
<br />_ . . seeured by Nb Seeu�dY InstrumenL �vhether or not tAen Que.wM eny m�ess patd to Bartowot. H eorrowor abartQons the �:___:
<br /> � PraOeRfr� or Aoes not answer v�fti htn 30 eays e noUce irom tsnder that Me�nsuranos carrler Nas ottered to seufa e ctah�.tJ�en
<br /> 1�Cm may coRect tAs msuranc0 Drocesls. LsnQer ma9 use the D�Qs to r�ar or restore th0 Property► ar to Oay sums
<br />- . . . secured bY th(s 8ecurftfl tnstrument�whather or not fhen 0uo. 4h9�d►y D�d wQl b0gjn wh�the notiee b gH¢n. _
<br />�- � Untass 1en�r and eorrower otnerw�e�a � v�B. �Y eDD��on a! proeeads to Ofi�W� e� not mdm�d m
<br />- :: �.•r..•.,.. postpan9 th9 due Qate of the monMN paYment9 ret�red to h parsgraphs 1 en0 2 ot cAange tM�emaunt of ths payment9.11 --
<br /> - -- us�P=�9�DD 2t Hre ptoDerty is aCWfred bY i,endsr� Borrovrefs rtghi to enY tnsureece PoUcte�end Oroceeds resultY�a irom ' .
<br />- . . Qamaga to the ProDeRY Ortor W the acquisNOn ShBD pess to LenQer to the�t�r A of the sum9 b y this SeCUrfty► tnsRumen! �,.'�:
<br /> � tmmedlatety Odor to the ecquisBlan.
<br /> . • • ." 8. Occupancy. Preaenretton, Mafatenance and P�oteetlon oi the Propertyt Bcrrower'a Losn _
<br />- .�:{ ApAltcatton: L.l�EE'hi11As.Bortowet SheU oCCUPY.esmeusn.and use the Pro�rty as Borrowefa prfiCpal resid�ce witflin ,
<br /> 1
<br /> sbdy Aa��s eftar the maeeution ot thb S�urfty► tnswm�t ar�d shatl conthue to aceupy tne Propmry es Barrowr�/s prhetpal
<br /> rostdence tor at tesst orre year 6ft�the Qato o! oecupanaY. unbss L.endar otheswise a9rees„wr�"9��kn cons�t she2 not
<br /> ,�;;;�.� -;� .. bB unreasonabty w9htte10.m unbss eoRenuath9 e�eumsmr►�e�dst whiCfi eto beyond BorrOwels eantrof. BOrrowot ShoU no! „
<br /> �14,:. . ' dsstroy.d9maSs a��the FroOertY.efl�ow th0 CropsRy to QetArlora%ar comm�waste on tfie Proyerty.Borrower sfia0 b�in ::;j: ,•;
<br /> e
<br />='" ' • � Qefault B any Pork3i4�actton or proceed6�g, �er eN0 or cr6nha�b begim tAat N LertQers 0ao�fa�tt�luQ9men!eautd rosu9 -;�_, .
<br /> � • . �� in foRelh�re of the PtiaPeRY ar otheruutse mat�ta�Y�Oair the(ten c�eated by this Secur�Y InstrumeM or LenQefs seCU►itY interest .
<br /> _.;;i -. �� ; ..
<br />- -- c�3teA.M�(t1e7) vaas a of s
<br /> ,` , .
<br /> ' eaoss , '
<br />.-y .
<br />
|