|
,��-.,-„
<br /> „ .�. � ._.
<br /> . .. .1 ....r.e.\.....I�<9r:•��- ___ __ _ �
<br /> ..."'" _
<br /> � v...—
<br /> . _
<br /> �1"__� .�.�..��.._...... .—.__. ��. ....___ _ .
<br /> yy�yy . __��_._�.��....�.....�...,_-- _ —— _
<br /> _ ��WMl]L#P(�f��������.."— -_ —
<br />_..._. . . _____. ..
<br /> 98'� i��'?"955
<br /> TOGfsTH�R WITH�!1 the impr4vemant�now or hereatter erocted an tha prapeny,and�11 ea,�emenh,�ppunenu�a�,u�l
<br /> fiatun: now ar herc�ftcr a p:n of �he pro�serty. All repl�cement� �nd addllion� ahall al�n hs ecsvered by thtw Security -
<br /> �
<br /> ins[iuillen�.nii vi inv iorc�uiuY n ici�r►ai iu ui inii aa:ut�iy iisiiuiiKiii ai e' u���rtiy.'
<br /> 80RROWSR COVBIYANT9 th�t 8orrower li INwlldly sef�ad of the est�te hereby canveycvl�nd h�u the rl�ht tu�r�ni�nd
<br /> convey the Propeny mtd th�t th�e Propeny io unencumberod, exapt for encumbr�ncoo of record. Borrower wur�nu and will
<br /> defend�cner�lly the ttcle to the Propeny a�sincc all cl�inu and dem�nds, aubJect ta any encumbrancex of record.
<br /> THIS SECURiT'Y 1NS'fRUMENT combine�uniform coven�nta for netion�l use and non•unifotm covemm�with limtted
<br /> vrrirtinns by jurisdtction to r,onstiwte e unifomi aecuriry Instrument covcring rul property. _
<br /> UNIFORM COVBNANTS. Borrowcr�nd I.ender cavenuit and agrec as followi:
<br /> �, pa,Y�k �o�f P�incip�l and Inteeesh PrepRyment and �te Ch��e�. Borcower shall promptly pay whcn due tlie
<br /> �primcE�.ad crf u�d ireceeiesa cNa the debt evidan�oed by the Note and uny pnpaymeat�nd lue cbuges due under the Notc.
<br /> 2, I�lwids f�r 7li�Xa iud ansur�u�s, Sub�j;ect ta applicable i�w oR co u wrritten waiver by Lecid�m, Borrower shall �,y aa
<br />. A,ender on tlic dla����;�S�Y F�'►axencs uc aluc wn�der the NQte.uaeteC thc L�otc is paid'en t1eAA.a sum Q"Fuands"T fQX:(aD yeu1X wcas
<br /> �1 A�.otss;mesit;W hach iety�attae�T��a�rin over 4his Socuri,ty lastmmen¢as a lnea Qra the�roperty:Qb)Y�uly leasehmld paxme�u
<br /> or�aotA�,3 nnts on the Pmpeti�, it'�y;(�y?tiuly 6azard or prmperry insuraaoe pnmiu�:as;(d)ye�►rly tlood iasuruice prcmiums,
<br /> if sqy: (�)yostty moztgage insur.�ner prerni�Aaec�if aay:�ad(�any sums payable l�y Qortower to Lender.in a000ndu►ce wiah _
<br /> We provisloas Qf pa»graph 8,in lleu af the pnyment af mortgage Insur�,r�c�:�nmiums. Tbese items nrr callad 'EscroK Itcros.' -_
<br /> Lent�r may, u my dme, collect ued hold Funds in an acimount noe tc� �A.•F:d tt�e m�ucimum�mowuu a leader for a federx��y W..
<br /> rel�rrct tnortBaBe lou►may cequire for Borrower'a escrow ;v.count undBr che fedeml�cal Fsate Setsie�t PxaceJ!ures Act of
<br /> 1�7-�,�ama�ded from time to time. 12 U.S.C. Sxdoa ��,1)1 u seq. ("R�$�'A')* un�::ss usothet ir��v tb�t�pplies w the Fund� �
<br /> ,�et:s a lasor amount. If so. Lender may. a;n�y timc. caUect�rsd hald �unsls in�n�;o�nt naz aa o:>,YOCed the lesser amouus. . �
<br /> i�sjler u�y eui�aate the amoonc of Fuads due �oa We lusi:of curreac dua snd reasonabla r.stlm�;n:>;of expendttur�o!futun
<br /> ��trw itetat or othetwi�e in acootQatia with spplicable l�w. � �;� � , �� :. .
<br /> ' �'`. '1'he Funds shall be hGi� :.•ut fastitution w6os��aposiu are insured by a�te�c3cia+.agenc��, ivaarumex�e,�9u�t�r.'•ar en[ity
<br /> r�44r,'1»tlinM��der. if Laedet iY F�:�►sa iast3tuticn)or iu ar:;r pederts�HoAte Lo�n Brct��.2.2�kier shal!u�q�1'the Fis�ai�tP.F�Y�
<br /> ��w Items.Leqd,fr nµY not cbu��Borrow�r fer holdic��;:ur�applying tt►e Fuad.s,:�u}.na�(ty aunl}r�Y�.�be eacrow.accoUnt. ar,.. ;�.
<br /> ` ; veril�jio,�the�.�z�tv�S�aia.unlessLender p�ys.&trruwlr�R4t�xt on�th���`��nirl�ud.�iipplicable!�w`,(p�:rrniu I�etlder to noake s� . .
<br /> �'' . a ch�ut�e.,Hovve�y�cr,iL��er nuy nquire I3orrowu to pay�i�ts�tinte.e�a�:;��:fi±t�m Independeat re�aR:�.:��:�nz wc reportlt��avi�e . r.�;`:
<br /> � u�.�,'Eti}r�?:e�i;�1p,.,;�ar�e�.�o�S'wl�h this lom unl�cs:ag�qtiwn�+he,law��nra�:�da ntl�erwiK. Uriles�;ai3 +�reema►t i� m�de or��= :}'
<br /> 4g�;pliea'�Dk 1�M!��s iater�i:ro be p+ud.1.w�ei�ia4�t�o•�;be dequ�red xa,�y,,�°�:sxiw�•r pny tutei�si.4t�uunit�,s an the Fuods:'
<br /> � � .,`��►a,esqplbf,�d�.ei�rol�?tn�y�•�n wrl�ag ht4�v'rbrf �it�A's rniarest ih�49'�r�oia�ihe �u�nds.R.rsrl�r�hall�ive w Boxro+yar,
<br /> �'�d`;��',�y--�.'�;,a�;:;:�,�,.$r'�;�.rxw,s�tl�.si�rs�it��t3�eY�?r`i�t�s :���.,�,�,,. fi�- t�k. . , -
<br /> ..,�,,�� . � �fQr�h.�.�.
<br /> . � :eli��:c•irf d�ie'Fu�.��vsu'tn�.7be��unds are plct��od�s additianal xcudty for a1l:ums�secu�W by t�ia Secudry InsuumeAt.
<br /> '�� A�l tt'�Ee!��uAd3�Id by Lr.ndea excad the�aauau petmitted to be held by�pplic�Dle l�tw. Lender st►W�ocounc to Bomower
<br /> for�thc eao�ss Funds in accorduia with the tequlntnatu of�pplicable law. If the�mount of the Funda held by Leuder u any
<br /> tlme�a aat suftictent to pry thc Eumw Ttemt wlxn due.I.cnder mey so nodfy Bormwcr in wrltIng.ead,in euch case Barnower
<br /> t6aU pay to Leader the amount necessuy �o malce up the dcfictcaay. Bo�rawa sball mike up thc dtficiaxy in ao more thar
<br /> twdve monthly payaKUU.u Lendet's ale discraioa.
<br /> Upon psymrat ia full of all twm �aured by thi�Socur�ry Instn�nKnt. La�der sbdl PromQt1Y refbnd to Boreow�er any
<br /> Fuods bdd by I�eadet.If,ut�der pu��21.L�eader�il acquire a ult the Propaty.l�ender.prk�r co the aoqultitlon a�ale
<br /> ot tbe Property,�ball�pply�ny Fuod�he4�by l.ader at tbe tlme of�aquititioa or�le��crodlt wiou the wm�recue�ed by
<br /> thi�Seattity inwumeat.
<br /> �. ApMEeMier o[lhraarh,llnlas�pplicaible taw pe+ovlda othawirr.all paymentt reoelved by I.ouder uader ptr�r�p�
<br /> 1'rad 2 fitJl tx�pplied:fi.est,to mY P�Y��+Ra due under tbe N'oce:�eoond, to unoum�pRy�bk�mder p�aqr�ph Z; �
<br /> tWtd,to inta�dc due:fauith;to prlaeipd due;aod I�st,tU�ny lAte cbu�due uoder tba Note.
<br /> 4.Cldrt owa shal p�y vl wus.�aa.c�rta, fiaes��nd imPosIdciw�ttribut�ble to the Prnperly
<br /> ��Y��l�a������thit Seatrity�rsttument.and lauehold ptymeats or Rrouad rmts. if aay.8otmwer�tull Pay
<br /> diae obli�tions in tbe mioaner.provlded ia pu�lat�ph 2.or if not pRW in tL�a m�mer�Hocrnwra�hall pay t�ar tLne di�ec[iy
<br /> ���S Pa��P�Y�.Sormwer�6aU P�P�Y fumitb eo I�etider ali aotioes of smouats to De paW wider tbit pRr�r�:
<br /> If StKtowet m�lca the�e WY�u��Y•Horrowa�ebal pmtapdy furnith co Lwder reoeipts evW4pcit►8�P�Y�• .
<br /> Bamwrx du�il P�'�PUY dfse�r�e any Ika whic8 hfs prioiity over thls Secw�iey Iumueaent ttulets Bo�r:ta)�teac �. .
<br /> , wrhin�to tbe pqmeqc of ttie obli�ciou txurod by the 1Ia�ia a m�naer aoa�abk u Leader;(b).ooncau ia�ood hith the tieo
<br /> . � b7�. a dafcnds�g�itstt enfosc�eat of the lltn itr. le�l�pxooeaHnp wliicb in tbe Lsadex':opWon apma�te to preveat tLc � .
<br /> q6o¢�cnmeat of tbe lim:or(c)�eau�cs fmm tLe holder of tl�e Ika an qrear,eat suisf�c:cory to I.eader.subordit�tinL the li�tr m
<br /> tbet Security li�tuuman.if l.eo�a d+eta�nines th�t�ay p�rt of the Pipgaty i:subjxt w�liea which may uuln ArlorlcY ova
<br />_ tri4 5ep�dty incteummt.l,e�kr mt}►pve Bornc�wer a notiee ldeadtyLtg tbe lirn.8amwtr uull s�tisfy the lla�or��lce ooe a.
<br /> '; a�ote of tLe actbna set fortb�bove withia 10 days of ih�e�vinj of M►tioe. '. . , .
<br /> . 'Konn J02� �IlO
<br /> ��eRl�l n:�z.w r,M t a s ,' u,,,u,,;._._
<br />
|