|
F.!' 7h.i.�.... __...- - - _. ..
<br /> '� . .. . _.._ _...
<br /> . .. .. � '•:.,-.-
<br /> �J.: �' ,,....�ew ...�.�v'.°��.rr,_"__ • _.___�.._�!�."'. __"��'�__.. '
<br /> .. _�.rvr�.u:.,wJ'..�.`:,�li71T.�f��� — ___--_ _—
<br /> 1� ���� 111���� �
<br /> TOC�ETHER WiTH all thc improvcments naw or hereaRer crated on the pcuperty.und ull casementR,nppurtcnanccs,and
<br /> fixtures naw ar hercaRer a pan of the praperty. All nplacements and additians shull also be cavered by this Security
<br /> Instmrr►ent. All of the faregaing is rcfcrred ta in this Saurity Ins[rumcnt as the "Property."
<br /> SORROW�R CQVENANTS that 9arrowcr is lawfully iseised of thc cstatc hereby conveycd and has the dght to grant and
<br /> convey the I�roperty and that the Pro�ae�ty is uneneumlx:ncdo execpt fnr encumbrances of recorcl, Aarrower we�rrnnts m�d will
<br /> defend gencrally thc tit[c ta the Property against ali claims and demands,subject to uny encumbrances of record.
<br /> THIS SECURITY 1NSTRUMBNT combines uniform covenunts fbr nuttanal use and non-uniform covenat�ts with limited
<br /> variations by Jurisdictian ta constitute a unifonn security instrument covering real property.
<br /> UNIFORM COV&NANTS.Borrower and Lencler covenunt and agrce as follows:
<br /> 1. PAyment oi Principel and Interest; Prepayment and Lxte Clutrges. Borrower shalt promptly pay when duc the
<br /> principul of and intemst on 1he debt evIdencecl by the Note and any prepayment ar.d late cherges due under the Note.
<br /> 2.F�nds for Twxes And Insuraace. Subject to appUcable law or to a written waiver by Lender, Borrower shall puy to
<br /> Lender on thc duy mnnthly paymcnts uro due under thc Note,untjl the Note is paid in full.a sum("�'unds')for:(a)yearly taxes
<br /> and assessments which may attain priority over this Securiry Instrument as a lien on the Property;(b)yearly leasehotd payments
<br /> or ground rents on the Praperty.if uny;(c)yearly hazard or pmperty insurance premiums;(d)yearly flc�od insurance premiums.
<br /> lf any;(e)yearly mortgage insurance premiums.if aury; and(� uny sums puyable by Barrower to Lender. in accordance with
<br /> the pravisions of puragraph 8, in lieu of the payment of rnortgage insurance premiums.Thess isems are callod"Escrow Items."
<br /> I.ender may,at eny time. collect and hold F�i,�ds in un amount not to excced the maximum amount a lender for u fe.�lcrally
<br /> �+eleted mortgage loan may requlrc for Borrower's escrow account u�der the federal Rea! Hstate Settlement Procedunes Act of
<br /> 1974 as amended from time ro tlme, 12 U.S.C. Section 260I et seq. ("RESPA"}, uidess us►at3�cr luw ehat applics to the Fand�
<br /> sats a lesser unount. If so. Lender may, at any time,callect and hold Funds in an amount not to ex�oe� the lesser amount.
<br /> I.ender may estimatc the umount of Funds due on the basls of current data Attd reasonuble estimates c�f�rpenditures of futut�+e
<br /> Escrow Items ar otherwise in accordatice with applicable law.
<br /> The Funds shall be held in an iastitution whose deposits are insured by a federnl Agency, tnsnumentallry. or entity
<br /> (including Lemier, if Lender is such an institurion)or In any Federal Home Loan Bank.Len�er shall apply thc Funds to pay the
<br /> Escrow Itcros. Lcnder may not charge Borrowcr for holding and applying the Funds,annually analyzing the escrow nccaunt,or
<br /> vedfying the Escrow Items,unless I.eTVJer pays Borrower interest on the Fumis and applicable law permits Lerder to make such
<br /> a charge. However.Lender may rcquire Borrower to pay a one-time charge for an indepestderti real estate ts�x reporting service
<br /> used by Lender in connection with this loan. untess appiicabie iaw pmvides o�i,crwia,:. L'��tess ar. ag:�t:.nt is nsadt or
<br /> applicsible law roquires inter�st to be pald.Lender shs�l not be requircd to pay Borrower any interest or earnings on the Funds.
<br /> Borcower and Lender mny agrce in wridng,however,that interest sh�ll be pnid on the Funds. Ixnder shnli give to Borrower.
<br /> without charge.un annaal acoounting of the Fum1s,showing crrAfts and debits to the Functs and the purpose for which each
<br /> : debit to the Funds wac.made.The Funds are pledged as additional securlty for all sums securod by this Saurity Ingtrument.
<br /> If thc.Fui�ds held by Lender exceod the amounts pamtitted to be held by applicable law,Leader shaU account to Borrower _
<br /> fix Bu exce3s Funds in eccordance wlth the requtrements of applicable Iaw. If the amount of the Funds held by Lender at eny
<br /> time is not suffici�nt to�pay the Bscrow Items when due, I.ender may so notify Borrower in wdting.and,in such case Bormwer
<br /> s1uJ1 pay to Lender the amount necessary ro malce up the deficieacy. Borrower shall nu�ke up the deficiency in no morc than
<br /> twelve monthly payments.at L.endcr's sale discrodan.
<br /> Upon payment in futl of all sum� secural by this Security Instrument. I.ender shell promptly refund to Borrower any
<br /> Funds heid by Lender.If.under parugraph 21. Lender shall acquire or sell the Property.Lendcr,prlor ta the acqulsition or sale
<br /> � of the Property,shall apply any Funds held by Lender at the tirne of acquisitton or sule as a cralit agssinst the sums secu�ed by :
<br /> - thi�Secutity Instcumxmt. ,
<br /> - 3.Appltdtion o[Ps�yments.Uniess applicable iaw provides otherwise,all payments received Gy Lender under paragraphs
<br /> = 1 axi 2 shall be applicd: first.to any prepayment charges due under the Note:secotxl. to amounts payable under paragraph 2;
<br /> � third.to inter�st due;fourth,to princii al due;arid last,to any lute charges due under the Note.
<br /> 4.Chtrges; Lten9.Borrower shall pay all taxes,assessments, charges. fines a�xl imposit[ons nttdbutable to the Property
<br /> '� which may attain priority ovtr this Security Instrument, and leasehold payments or ground renGS.if any. Barrower shall pay �
<br /> �i ttuse obligations in the manner pmvided in paragraph 2,or if not paid In that manmr,Borrower shall pay them on rime dimtly
<br /> � to the person owed payment.Borrower shall promptly fumish to I.ender all notices of uuwunts to be paid undec this paragraph.
<br /> if Borrower makes these payments directly,Borrower shull promptly furnish to Lender receipts evidencing ths paymenRs.
<br /> } Borrower shall prompdy dischnrge any 1[en which has priority over this Securiry Instrument unl�ss Borrower:(a)�s in
<br /> { writing to the payn�enz of the obligation secuced by the lien in a marener aa�r�ptable to Lender;(b)cont�sts in gocd faith the lien
<br /> : by, or defends�ainst enforcement of the lien in, legal proceedings v�•i�i��e in the Lender's opinion operate to prcvent the
<br /> . enforcement of the Iien; or(c)secures from the holder of thc lien an agrcoment satisfactory to Lender subordinating the lien to
<br /> � diis Securiry Instrument. If I.ender detemnines that any part of the Pmperty is subject td u lien which may attuin pdority over
<br /> ` this Security Instrumeat, Lender may give Borrower a nottce identifying the lien. Borrnwer shull sadsfy the Itcn or take one or
<br /> �� rnore of the ucNons�et forth above within 10 duys of the giving of notice.
<br /> i Form 3028 9/90
<br /> ' Pp�2 0l B
<br /> t
<br /> � • • �
<br /> — ="a'"�iiil7�fa.t . I�`""` � _ — -
<br /> �,.uist�l�i+�sLe>�t��r�iu�Tr�st,-"'-ii i�:'Tt�,S'�t,��;-a�-'t.�� = - —
<br /> ....ssicu �,�iC1MaM+d��li'- � rlo�.t�vL. `�j.*ar��p�y _ -
<br /> �r �e-. ' v.�.nvvrx,v� -,n�$i4.�- . .,.'—'
<br /> _. .., __ ._„�4�i .�a`.1�Tt]Y14. ' Cti ' _ - _ ' _ '--___ - — '� ____
<br /> � �.'7�� ' "�' • �''C'�:.�°�l,.� `�I-�..�� �I �ra�"_— — . -
<br /> L-����}r: �L:i.yy �'�•"�� �py,�f�'iu16"n'fi1��±5�`.�i�'i�-
<br /> � F7��,�.fy.��tYF:��'�k7'. .' '.'ts u�'d.����YT'' i�.'�'�= . _- - - —_ -
<br /> - -`��L,I:Si�, h. -r+-'��8,�+� {,��� �f ' •. L . 1 .e, �aarr �- .._- ----- - -
<br /> ��� ��*' "�i• ,✓� .Q'-�'xuhr'. ''��'�� Y•�'�= .-
<br /> - �'+� �I ��jiS��t•�.��� + ``Yia�.a� . _
<br /> �� ��p�j�V� �''i_
<br /> _ �.n"`__.T_F�`- �5�'��°'��'-7'�S �•.:t': ':i��'_�` r �`3+� -.'9�.'
<br /> �l_,,1! � . � a . . , �"o � e _
<br /> ,�� � f'.,Y, r�..,...,,,1`.,rrt�,�x.�,-•r<.1tif t aY�.T ..:kv,�. .F::•,»'.rt ���.,..XJr�. r�zsa — _ --- --
<br /> 'C.
<br />
|