|
.;�::,. �i; . ., ,.. ' 'I -- _.. ---- ..----
<br /> i..H.y -. n r�- ����w1yi�'e ey..y
<br /> ��,��++t}M..`l� f!t.r 4 ':�r� ._
<br /> I �a__ ' ..—:.._�.._.�..�w..a���.,ri'=_ _"�L����....�..�......�._S�__�_.1r krt.�__ �.... �.. —__'
<br /> .����4��ri7���R LL --__---'—'---
<br /> _--z- _ —_— „___'_.'_
<br /> -..-r$�i3'z_".T.,-'3t.' _ _ _ "—. '..__-__—"`"__.___.. . -
<br /> �7�-ic�`7��:;�
<br /> T(XlETHNR WI1'H all thc impruvcments now or IuxeARcr erectcd on the praperty, nnd ull caticmcut..iippurtcnunccs, und
<br /> fixturev now or hemuRer u pan nf the property. All replacements und addidam shall ulso be covered by this Security
<br /> In,uunmut. AU uf thc fu�•cgoing is rcfcrmci t��in thir Security Inxiromcnt us thc "Pruperty." __
<br /> BORROWER Ct7V�NANTS thut Borruwer ix luwfully tieised of the estate hereby crnrveycd und has the i•ight ta grrnt unJ
<br /> canvey the Prnperty und ihat�he Pir�perty Is unencumber��J.except tiir encumbrunces ��f record. Hurrowtr wurruntF und will
<br /> defond generully the tide ta the Prupecty ugainat ull cluims und denwnds.�ubject to any encumbranec:s uf rceord.
<br /> THIS SBCURITY INSTRUMENT combincs uoifann c�venunts fur nudonul usc und non-unifi�rm covenants widi limited
<br /> vurlations by jurisdiction tu constitute a uniform security instrument covering reul prupeny.
<br /> UNIC•ORM COVENANTS. Horrnwer nnct l.enderment 4 d Iatte Chary[es.�Burrower shall promptty pay when duc the
<br /> 1. Ps�yment o[Pr�ncipwl nnd Interact; Prepuy
<br /> principal of und interest un the debt evidcnced by the Note und uny prepayment and late charges due under the Note.
<br /> 2. Ft�nds tor Taxes wnd Insut�xnce. SubJect tn applicable taw ar ta a written waiver by I.ender. Borrower shall pay to
<br /> Lender on thc day monthly payments are due under the Note.until the Natc is patd in full,a sum("Funds")Por:(u)yeurly taxes
<br /> and ussessments which may uttain prtority aver this Security Instrument as n licn on the Praperty;(b)yearly Ieasehold payments
<br /> or ground rents on the ProFerty. if uny;(c)yearly huuud or property insur�u►ce premiums;(d)yearly fload insurance premiums.
<br /> if any:(e)yearty mortgage insurnnce premiun�s, if any:and(� any sums payable by Boirower to Lender, in uccardunce with _
<br /> the provisions of paragraph 8,in lieu af the puyment of martguge insurnnce premiums.Thesc itcros are called "Bscrow Items."
<br /> I.ender may, ut Any time,callect nnd hold Funds in an amount not to exceed the maximum amount a lender for a federally
<br /> rclated mortguge loan may require for Borrawer's escraw account under the federal Real Bstate Settlement F�rocedures Act of
<br /> 1974 as amended from time to time. 12 U.S.C. Section 2601 et seq. ("KESPA'),unless another law that npplies to the Funds .
<br /> sets a lesser amount. If so. Lender may. at uny time. collect und hold Funds in an amount not to excced the tesser amount.
<br /> Lcrxier may estimate the amaunt of Funds duc on the basjs of current datn and reasonuble esdmates of expenditures of future
<br /> Escrow Items or otherwise in accordunce with applicablc law.
<br /> Thc Funds shall be held in an institution whose deposits are insurcd by a fcderal agency, instrumentallty. or entity
<br /> (including I.ender.if l,ender is such an institution)or In any Federal Home Loan Bank. L.ender shall apply the Funds to pay the
<br /> Escrow Items. Lender may not churge Borrower for holdins and applying the Funds,annunlly analyzing thc escrow account,or
<br /> ' veritying the�scrow Icems. unic-��i.G;kic�pays Sors'oxer 3nteresi Qn ih�F��n�s n��d a�Qficable law permits I.ender to make such
<br /> a charge. However,L,ender may require Borrower ta pay a one-time charge for un Independent rea!estate tax reporting service
<br /> used by Lender in connection wlth this loan, unless npplicuble law provides othe�wise. llnless an ag�eement is mnde or
<br /> applicable(nw requires interest to be paid,I.ender shall not be required to pay Borrower any interest or earnings on tho Funds.
<br /> Borrower and I.ender may agree in writing,however,that interest shall be paid on the Funds.Leruler shall give to Borrower.
<br /> without charge, an annual aaounting of the Funds, showing credits and deblts to the Funds and the purpose for which each
<br /> debit to the Funds was made.The Fu�ds are plalged es additional secudty for all sums secured by thi�Security Instrument.
<br /> � If the Funds held by L.ender exreed the amounts permitted to be held by eppltcable luv�.Lender shall account to Eanower
<br /> for the excess Funds in accordunce with the requirements of applicuble law. If the nmount of the Funds held by I.ender at any
<br /> �' time is nat sufficient to pay the Escrow Items when due,l.ender may so notify Borrower 3n writing.and,In such case Borrower
<br /> shaU Qay.to l.ender the amount necessary to make up the deficiency. Borrower shal! make up the deficiency in no more than
<br /> '� twelve monthly paymenu,at Lender's sole discretion.
<br /> 1 U�on payment in full of all sums secured by this Security Instnxment, Lender shall promptly refund to 9orrower nny
<br /> . Funds held by Lender. If,under paragraph 21,I..ender shall acquire or sell the Property.Lender, prior to the acquisition or sale
<br /> . of the Property,shall apply any Funds held by i.ender at the time of acquisition or sale as a cralit against the sums secured by
<br /> � this Security Instcument.
<br /> 3.Applicsdton of PAyments.Unless applicable luw provides otherwise. all payments r�tived by Lemfer undar pnragraphs
<br /> � 1 ar�d 2 shaU be appliecl:first, to any prepayment chnrges dua under the Note; secmui,to umounts payable under paragraph 2;
<br /> third,to interest due;fourth,to pri�icipul due:and last.to uny lato chxrges due undcr the Note.
<br /> 4.ChArges; I,lens.Borrower shall pay all taxes,assessments, charges, fines and lmposidons attrtbutable to the Property
<br /> � which may attAin priority over this Security Instrument, and leusehold payments or ground rcnts, lf uny. Borrower shall pay
<br /> • these obligations in the manner provided in paragraph 2,or if not paid in that manner, Bonowcr shall pay them on time directly
<br /> to the peraon owed payment.Rorrower shall promptly furnish to Ixnder all notices of amaunts to be puid under this puragraph.
<br /> If Harrower makes these payments directly,Borrower shall promptly fur�ish to I.ender rcceipts cvidencing the pnyments.
<br /> Borrower shall promptly discharge uny lten which hEw prioriry over this Security Instrument unless Borrower: (a)agrees in
<br /> , writing tu the payment of the obligution secured by the lien in a manner acceptable to Lender;(b)contesta in good fsuth the lien
<br /> by. or defends aguinst enforcement of the lien in, legal procealings which in the Ixnder's opinton opernte to prevent the
<br /> enforcement of the lien;or(c) secures from the holder of the lien an agrcement satisfactory to Lender subordfnnling the lien to
<br />__ this Security Instrument. If Lender determines that any part of the Property is subject to a licn which may atwin priority over
<br /> th3s Sccurity Tnstcument,Lender may give Borrowcr a notice identifying the lien. Borrowcr shall satisfy thc licn or take one or
<br /> more of thc actions set[orth above within (0 dnys of the giving of notice.
<br /> • Form 3028 9/90
<br /> Pap�2 0�8
<br /> ' . _- - - --- .. . . - - -- - — � -
<br /> '�S��G�!!�; g��r ,�r ''_.�� Y�,i ���"
<br /> +.-i' ""'�".^,"' "�'. - _ . - ,__ -�---�- -.. - ' • ' ..�i�it`.:}rt.3�� e:GJ��e�' 'ST '3� � y� -
<br /> n• 7t � � .. � - - .. �. . • :.l�ilr(r�:tY•�u S1M: �1�+-ti(�w `�'l..Y.ie`�__t �. .
<br /> M'F } . .'i � • ' �j'` � 1f`�r� � :�;ry�� �
<br /> ��� , '�� . �+ • - ��k` M1 � � - -.
<br /> — .` M1 � .. . , .. ... . {•� ����� - � �'
<br /> q1 :,� ,�..,_, . � ='��s�°. ' '` :1
<br /> - ��L �} .. . . P•LY� ��', a,�, �t '1��.c;F>
<br /> -- " • . � • ' ' - ' - •; �i��'y'�-, •:1�:•_-= .
<br /> ,^' . . :� .A � ��t v �` -.-
<br /> �� '• .. '��'�. i � �Y�
<br /> -_�� . ..� R ' ' . _ .. .��_�4. ti
<br />�'!�[�F�� -^ .. V'. . � , . - � ' . .. . .il4�f-�� ��q71�'�.-__
<br />:•�IIIT .� � . ..Y� {�7�
<br /> ..t, .
<br /> _ yl
<br /> .�.� .' . �IJ�� •M �:�x� 1,`• ':�. .:�a !�1Ty`"�'.fY1R�. •
<br /> . .�,l . • . �w. J 1J.1..� Q� I� , •lt'�N.�1�4LF�lf..�W L.
<br /> +?"�:.°&3n4�L]�[X'.'1i*'.rY4'-_-=
<br />
|