|
-r,.s . • �.i-rjvn
<br /> .._ ''�,:ii;S _._. _ .
<br /> ' . . iM lAIM/14 - . ._._.— .`__'.._�.......... .�..."..—___
<br /> . . ��N�l6�.��_ 71Y�'l�r'�=;�u=� _�_ _—
<br /> �f. .. �:l[le �T=$as �i'f�.:_ — .—�'—
<br /> ... . . . .... ._— .._. . . . .
<br /> 98-- iu�'�3
<br /> TUt3�SrHSR WlTH �U the impmvementc naw or here�fter erated on thc�ropeny,�nd�ll e�sement�,appurtenanccs.Rnd
<br /> flxtures now or t�credter� part of the property. All replNCements �nd �dditiom shRll xlso be covered by thi� Socudty
<br /> fnstrumemt.All ox the forogoing is referred to in this Securiry Instr�ment as the"Property." `,,_ '��.�w�
<br /> aORROWER COVFNANTS thu Horrower is I�wiutty seised ai ahe estatc ncraby canveyed anu nr5 u�c�;���<<���»��•«••� -
<br /> cqAVry tbe Property �nd th�t the Ptoperty is unencunnbered, except for encumbrances of record. aorcawer wurynts xnd will
<br /> defend gener�lly th�tltle co the Praperty�gainse a11 claim�and derrtuids,:ubject to any encumhrances of record.
<br /> 1'HIS SECURITY 1NSTRUMENT combines uuifarat covenanta for nacional use and nan-unifarm covenwnts with limitecl
<br /> varintians by judsdiction to c�rutitute i unitorm security instniment wvedng rexl proporry.
<br /> UNIFQAM CO'VBNANTS.IIutrower attd Lender coveannt and aErer,as f�llc►�va:
<br /> 1. P�yment of Prindp�) And intensti �"�p�9ment and I.�ta Char�a. Borrower ahall promptly p�y when due the
<br /> prinaipnl of and interest on the debt avidenced by the Note and any pr�pAyment and lat�charges due under the Note.
<br /> Z.Funds for T�xes�nd InsurAnce. Subject to appliable law or to a wHtteu.v�aivcr by Lcnder, Bortower shall pay to
<br /> I..andar on the dAy mon�hly payments ue due undcr t6.e Ner,e,until che Notc 9s pauc�im�RP,.z►sum("Funds")for:(a)yauly uaces
<br /> u�cl�ssessments which may�tcain prlodry over this Securi�r laxsuumerte as a Ifear ou,ahc PrQ�eny:(b)yearly leasohold peymente
<br /> ox grcrunct re�es on the Propesty,�f a�y: f�?Y���x ���z p�P��J'nm�'jT'�!'�"P''¢�rzrzms: �d�y�rearti�r #lood insuranee premiums,
<br /> if�ny:lca Xesuty nwrtgage insurance pxemiums. if aer�r:aand(�any sums P�Yab�e by l3onrowcr co JC�1�er. ir�arccardtnce with
<br /> th,a pmviaions of paragrsJ,�E�,ea lieu of the payment�aE xor��tBage iastesu►ce pirsnanunos.'llaese itca�s au�e�a�ltac!"�scmw Items."
<br /> l.:w�er ma�y.at ury time,ce*!lect wnd hold Fupds i� a�c::aunt not to excad ttie rsa,x�mmum un4ia�t�.terx3er for.a federaUy
<br /> n;i,�.i,�mon��e!wn may r�;�r.i�x fot Borrower's esCst,o+� ��xouat uader the federa9 l'�:�� Fstate Seitlett�aat�k"r�Y,�,�xces Act of
<br /> lg7q as i�twen�Sra�fr,om t�lme to time, 12 U.S.C.Section ���i01 u seq. Q'RESPA"),U11'ki5 iOtltkLCt I{�ftY l��'��'F.'t�the Fuads
<br /> seu a lismat��:��`.n7. If so,I.eader m�y. u aay time. oollest aad ho��Fuads ia aa amovnt uoq r,r. �;,�coad tbe l�xser�maarn,c.
<br /> L�der may�eg'iisnan the unount of Funds due on the�nsis of curnnt dua�ud rr�saaable sstirri�tr�uf c�ndicures of t,�t�;r.r:r
<br /> F.sr,�oN Iteaas or etherwise ia accord�ace wIth�ppllcib�a,�fiw. .
<br /> ' Tde Fuads sh�ll be beld In an institution whose deposits ue insured by �foderal agebcy, instnunentality. or entity
<br /> (yeclwting L�ender.if L�der is such m insp�?�oa)or in�ny FeclGr�l Home Lwa Bxnlc.Lendec slwll�ly tl�e Funds to p�y a1p�
<br /> �scrow Items.L,ender may not chuge Hosro�a�¢r for hoidiug�xi ry�plying tha Funds,�nualll�z�?i'�ine the escrow aca.��+��.�r _
<br /> v�fYini the�semw Items,nnless L�nder�a�s Borrower interest oa tbe Funds usd applicabk:t��ti�•;-�:smits I.e.�Mer to malc¢a�ai�T� .
<br /> �.<barte. However. I.ender mry rcquira Bo�k�awer to�ra!r.a one•time c]iu�e for u►indcpeadent'��xi euaYe ux reportln�un'i+:e.
<br /> ubed b}r Leader in cotmatioa with this 1�►, U1�.�'C3S n.pplicable Itw pmvides abcrwise. Unleas m a�reetnenc is auWe or
<br /> �rlic�ble lA+�+�lulns inurese ca be paidy l,�nc�ic�.;s��]1 n��be required to pay Borrower any taterat or e�min�s an tbe F�ds.
<br /> Borcvwer and�.rnder ma�y�gree in w�iam�.�aivi:ecr, tbAC interesc ibail be p�id oa the Fuuds. Lenckr s1Wl give to Bor�axer,`.
<br /> wit6out cbuae,'m�anwl�aouating o�.tb� �u�s;showu►g credi�a and debits to�he Funds atK��t2�e pucpose for whtch eaoh
<br /> debh to the Funds wu m�de.'it►e rwids an pledgod as additiowi �:u.-�ty far:��s�secs�d�;�i:Sxusir;Iasu�x�.
<br /> If t6e Fuuds held by lRa:der oxoxd the amounts�permitted to be Ixld by e�►b�r,si�ls law,I.rnder thall aoani1:�tt to Bormwer .-.
<br /> for tM excas Fuads in acx'or�lauce wich the raiuitta�ents of applic�le l�w.if ttiC;am�nt of the,�wds,h��dr:1�;y i.a�d��u ury
<br /> time u not wfficleat to piy ttx F,scmw Items when due,L,ender my so n�otiPy Boritodrer in wr��n�g:�.'i'te�h'cau 9orrower
<br /> sb�ll pay to Laider the naount naxsspry'to make up th�def:ciem,y. Anrrower sh�Jl malce up'the�tici�S.y;i.b no mc►re th�n
<br /> owdve monthly paymrnts,u Leader's sole discretian. . . .:. • ;� .. •
<br /> • : Upau ptymwc in full of dl sums saured by ti}�s Secutity Inst�uaxpt�.I�zJct t6a11 promptly refuu�':ba i�orrowet�ny
<br /> �`�Ftind�bdd by l.a�der.If.uader pac�raph 21,Laxkr�+�all ac9ui�e or seU th0�c+�a,ry.L.awfer.Prior eo tbe ucq�irllci�a ar sale
<br /> of ibe Rdpaty.�ball�P'P�Y�Y Funds hdd by I�ender u the time of acqui:iti0n�r�le u a credit�inac[t�e aw�u�aauxcQ l�y.
<br /> tbi:Security Inttrummt. •
<br /> , , 3.Applk�tioa ot P�ymmts.Unleta�pplicable law pcovWes othenvlse�.tll��}rmeats rexived by L�ender under p�b�:�•
<br /> �'1 aud 2 s�aU be qtplied:fust�to aaY PnP+�Y�t chatjes dae uada tbe Nou�sc�an�:to vnouats p�yabk uada paur�ph 21 : .�;
<br /> third.to ineaeu duc:founh.to principal due:�nd l�st,w�ny�ce�es due uu�r���z N«e. ..,;..
<br /> 4.CYrt��ai Y.k�s.Borrowa:hall�y dl traes.fsaasivaus,c..l�tBts. fines ui�im�ositians uaibutable to tbe P[op�es�,x . ..
<br /> which mtqr att�in prlority over�his SecuTftar,�lnunu�t, a�d kasd�ald�WYmeats or�roiwd a�:�ts. if auy. Bomower di(�ll' FIAy�.;
<br /> . .,,q�de oblijuloas ia the nwwet provlded irt pttaar�►2,or 9f not pdd in thu muu�ar.Borrow��'shdl WY'bem an dme diiac�a,�r."''
<br /> �',��to the per�on owod p�yme�t.Borrowa sb�U PromptlY lfunisT►ca l�encler all aotioe;af�n�ouncs w be paid woder this putySnpA. .
<br /> �'If Bon+�wror m�lca tbese prymeats directly.Bon�ower�ull p�mptly tutuish to O�•t�x:l�t rocei�ts evideocin�tLe psymeats: ,
<br /> Bor:ower stull proaptly dischu�a my lieu which Im priority ower tiqt�.$�ctiry Iasuuma►funlas Bocr�ver:fa)�ti�cs��tu.
<br /> wcitin�w tb�pryma�t af th�oblisuion savred by tbe lka in���r�e,pcn�b7�'to l,eoder; (b)ooatesu in�ood fiith�We�Na:�q:
<br /> by� or defends �ainsc eu[oratnent of the liea in, le�l p�ooeodnt�s:�uhi�t�h �ri��}x L�ender's opiNon opaate co pnevai�.d�vi�
<br /> � �+:'cqitorxmeAt of the liar.or<c)r�ecuns from�e twider���che liea� 2 sa�,.,s�accory to l,ar�kr subordinuin��Nea to
<br /> �. ..
<br /> � :`:•�,;tl�Septdry Iaswmrnc.lf LRader decermi�es thu anjr�p�rt of ebe P�o�erty is r�'bjea w �liea�dich mry usain prioriry ava �.f
<br /> . cai�Sxurity inununa�t�Lender roay��vt Borrawer a noticr Wtrii�y�ng tLc liea:Borrower ihall�fy d�e licn or t�ke t►ax,qt,
<br />°�`' . more of the:ctla�u set�nh above�xii!�:���drys of the givf�o c*f�n;��z's'cr; .
<br /> � �. , ,
<br />— ,. ��� . Fam�02� � ,
<br /> :.;`�.'` t��i!lIME)nx�ii.oa ,� *ewa a� ', . �r ,�•
<br /> . •.+; , I , ? , •
<br /> . • •, .
<br />
|