|
.:. ,
<br /> , .
<br /> ,� . . , . __._
<br /> :� . �.
<br /> . - - - - �...�..�---- - _..�.. .:r��.��,.:
<br /> -��--- -
<br /> r -.�
<br /> __...— ---- -----------
<br /> �... : ._. •._.___a�..,._�..,.. •� - =—
<br /> .�
<br /> . _ __ _' .i...uu.a..::�.i��...._...._..�.._ _...�.....•--_�. ._..._._.�YI4��Ms^'_i'e.�F��.4S�....e_.._....�_a..�_.,_.
<br />�++rwn ..�7�di1�YBE —_ ---- -- -
<br /> y'- —_ - - °_ _-_ _ _ - _f '
<br /> , • 98-1�3��.
<br /> TOGE'THER WITH all the improvemen[s now or herr.�Rtr arcctcd an the propeny, and�ll easements,appurtenuices,arxl
<br /> fixtures now or herctfter a �rt uf ehe propeny. All rept�coments md xWitlons shall �lso bs wverai by �his Security
<br /> Tnstrun�t. All nf the forrEain� i�refemed to in thi�Security lnstrument�s the 'Propeny."
<br /> BURROWFR COVBNANTS th�t Bormwer is I�w�ully seised of the es��te hcr�eby conveyed d�id hss the right to grant usd
<br /> convey the Proporty ux!thsu thG Psoperty is une�cumberal,except for encumbrutices of rccord. f3orrower warranta u�ct wiU
<br /> defand gener�lly the title to[he�amfleny ag�inst d! cl�ims and deaundF,subJect to�ny encumbrancts of neconl.
<br /> THlS SECURtTY IN.S'fRUMENT�ombines uniform rnvemnts for nuion�l use�nd non•uniforn�coven�nts with limitad
<br /> vuiuions l�y jurisdfction to constitute�u�iform sccurity ir�strumcnt covcdng rc.al propeny.
<br /> UNlFORNA COVENANTS.Narrowcr u�d Lender coven�nt and egcce aa fc�llaws:
<br /> l. P�,�It �IF Principd �nd inte�st; Pre�ynunt and Late Chprges.Borrower shul pr.cr�;i�r �r ,r�h,a:n due the
<br /> pr.r.nri�at crfi�i.nt�r.�t o�z nh��,ebt evidenced by the Nae and any prep�yment and Iate chages due cunclar,c�ne l�tr�cG.
<br /> 2•�1�wk�wr T+�aces au�d�wr�nce.SubJect to�pl;i,rable l�w or to a writum w��i.vcr G�r I�r.� IBor.rc�wr�r. r,J.'rall pay to
<br /> la�n�clar aa i�►e daX maa�hCx grayrraa+ats a►e d�x under the 1�Ia�c�untJ.�cD,e N'�i:is p�W irn ful:n.a sur�x 6"�F�xnds`1 fos.Qa�j��;r,uty ta�sa
<br /> aaea asxssnac�n�s wtiich m��r �pria��r ovr.x this Savric�(usrc�w�az�t�x a lka on thc PtopertK�fhp,vrrr.�X f�a�rald payments
<br /> ar 6rotuid�ts a�a the Pmpony, if�ny;tc)�'rnrly h�!orr pro�xny irourana:pmniums:(d)Sreaul}�1fi.rra;�]am,s�nm�a�e premiums,
<br /> ef�r:(e)lrc�.��8� iasumx premlunu, if�a�r:xad E� anY aurt�s WYable by Borcower t�a[ksudtr.u�n�ca,rd�x with
<br /> tt►�prs►visions of�paragr.;,;.":3�in Iku of the payment of msecg�e insunu�x prccr,iunna.These items ara c��1"3isi:�row ltema."
<br /> La�der miy� at any time, vailoa u�d}wid Fwids ia aa arrwunt noc to exceed the �wcimum amnu�t x leude,r ft�r a fedenlly
<br /> rel�ted mong�e Ro�n m�y roquin for Borrowrr'a acrow account iu�der the foder�l Real Estut Sc�r.71'c�:u;�na�t k*navetl�r�t Aa of
<br /> 1974 as��►m time to time. 12 U.S.C.Sectiou 2601 et se�q. ("R6SPA"),ucdcss uwtLer Du;���.t�:�t a�ic�9 to tbe Funds
<br /> sets a less�r�muunt. If so. l.etrda mry. u any time. coUect and hoW�uads ia x� uinount not tc��a,r�rrci�i�c�r�:�r�mount.
<br /> l.ender aay estimu�thc����of Fwids due on �he 6+si�nf currrnt dua�nd rcas�L�.n.'c�le estimu��J¢aprn►9;��e�ra of tuture
<br /> Escr�w Itaas a otherwlse i�k�xdance wi�h apg►lic�ble liw. � .
<br /> The Fuads shall be 6eld ia a� institutioa wbose deposit� u+e i�.c�end by� fakr�l alqaee�r� {::spumeaulixy, or auiry
<br /> (inciud'er�L�eoder.if L+en�kr is suc6 an institutiat)or in�ay Foderd Ho�mx�r 1.oan Bu�.La�der sha�l�np�,ly the Funds to pay the
<br /> Escaow Items.La�der may na chu6e�ormwa for dolding md applyi�nR�cBoe Futds. annwlly uu�lyy;.,ra�tt�e eacrorv aocwint,or
<br /> vcr.�t(yi�t6e F.tcmw Itemt, ruA�s l�aoder pays Borrower interest on the F�►nds aod applicable law pecmia L�ender:tx�m�ice wcb
<br /> a ct�+e�it.However,l.endtr rnay ►equiYe Bomower to pay a one-time chauge For an im�Je�tnd�nt re�l est�te tax Irt���,c:n�iervice
<br /> asre•�. nv��i.euder in c�onnection with this loan. ualas �pplicible law nrerntiides ot'��:�x�ise. Udess aa �gnemr,ax� �i;,,tnade or.
<br /> a�+lara+'j�e��vr r.r.+c�>>ira iate�st to De p�id.Lender sluil not bc crquiaodi r.a�n�,�wer any inteast or eunings a�m nfi�e�.�wv�!s.
<br /> Ba�ci�urw`�r ux9 tlsu7i;irr may�ree ia writing,havv�va, s�ku interest sd�79 Gz•;�uid m t6e Funda. La�dr�aba11 aiwe a,n&�r:+o�nn"r,
<br /> x�rt�eoilt cbarge. an amual aaounting of tbe Funds.show�m,re creNte�od debits w the Funds u�d q➢ie pu�pose Ybr ,i�hic�eac.fi
<br /> de!G,�-t io tbe Fuads was m�de.'Rx Funds are pled�od as sdciiiair�al xcurity for dl sums sxu[ed by this;Securiry instiumeat.
<br /> If the FuMs beld by Ixider ex000d the amounu pamitud to be held by applicabk law, I.et�de�r-shtll aocaunt oo Bormrver
<br /> for the exaess Funds in�omrd�nce v�rith the requintma�u of�+plicxble law. If tbe uiwuat of the?�unds heM by I.,ender at�oy
<br /> time is not auffi�ieat to pry the Escrow Items when due.Lendoc auy so notity B�orcower in writin��and,ia wch a�e Bamwer
<br /> �hall pay to L,a�der the�a�ount neoeas�ry to m�ke up t6�tkficiency. Bonrower sh�q mako up the deficiency ia oo morc tLan
<br />- trv�c�i:;,o monthlr PaY�.at I,a�da•s wIC discraion. �
<br />- �Upon Myment in [ull of all aunn socurod by this fi�:.�ity Instrument. Ixader shall promptly tet�md w Bwnower my
<br /> Fur�ws deld by I.ender.If,under puagaph 21.Lenda s1W1 acquire or sell tttc Property.I.ender.p[ior W the scquititian or sale
<br /> ' �of�'d�C Prnpe.�ty, s6�11�pply aay Fuads held by l.rnda at the time of�ea,�.nsitioa or sale as a credit uaimt the wa��ocured by
<br /> " th1�.S�ri�Y lm�uaeat.
<br /> ��:8.Appliattw d P�ymeets.Udas�pplicable Itw provides otherwise.�Il p�ymeAts raxivod by I.a�der uodei•p�r�pi�s
<br /> D 17�1t;"�slWl be applied:first.to nY P�P+Yment cbuges due under the hfote, seaonci.to�mnuats payabk uader para�rap6 2;
<br /> t1!��a�3,`ta zntrrat due:faut6. to prlxipal ct�u�and last.to+iny I�te chuga due under ttx Note.
<br />� 4.Cl�ea.I.1ea�.Barrower sh�ll�p;�t;;11]w[a� auessma�u.ch�rBa. fina u�d ir�positioos attributabk to the Pc�etty
<br /> �ta�k�t m�y att�ia priority oHet.thi�Sauc�a�;;fu�stcumrnt,u�d leasehold psyma�[a or geound cents, if aay. Bon+ower sh�ll p�y
<br />: UR��:::�bliguions in tht mmme'r.pr�vidod in psragr�2�m�r if rac piid in tha[man�r. Borrower slWl pay thew on time direaly
<br /> ¢�i�¢tae peraon owed payment. �omawer shall promptly fnun:nisi to I.eader aU aotice�uf.aiaounts to be paW uu�Wer Wis pa�r�ph.
<br /> If Bomowec aukcs these psymcnts dIeectly.Bocrawer sln:t'fi;pv,roropdy furalsh to L.eadec ixeipts evideacing the paymei�ts.
<br /> BoROwec�fia�,f prumptly disclurge�ay[irtn which 1mn priority ovec sdks Seeurity rnat�tuntemt�cokss Boimr�er:(a)�roes in�
<br /> writing to the:�:�r?;�mwt of the abliguion secura0 by tAe Ci�,i t,m,�m�ne,r:u�ocptable a�,pnder;@y rontests in gaod faith the liar
<br /> . bX., or defe�ids'�►gainst enfor�drtnt of thc lien in, k��.f��;�copodings which in t5e Jirin�er's opin[on operate to pnvcnt tmt
<br /> x�n:(�cF.se;,Kner�t�f.he lim;or(c)se¢vres ftom tha ho�det oifr��tie;irn an agreemait satist•�r,sr,r,,y to Leoder subordinuing the lie�na•
<br /> : al�:�i� 5�.^�tpl 11�rsi,.smna►t. lE I.a�der detercr,ria�at shu any p�re of the Pno�eny is subJxt ta a lien wr1'r�r.l�ro�y xtain priori�y a�xr.
<br /> � OY��.tFk�^.utry�b`ea;r�nt•:�nt.Len�der m�y �i��icar�ar�+zr a naice ideatiflr�g the lien.Bort+owt.r sh�G w�sfy tbe ltea or qke ome or
<br /> , mmo�;e:;?the x�iaxa�xt forth above witll;�Il4�'l��.v oE'tha�iv�.ng of notuo�.
<br /> . ��ann•�Y!Ff�
<br /> . ����I�ft'J1ff� I�rr��JR
<br /> !' ��... �\
<br />
|