|
• • rrJl(()���,i .Y6n � , ., '. ' �y.'X:r.i`_���r,.
<br /> .4:. . � . •. ' . � -'L �:.���V.'j��''� ' . ._.._—_—--.__
<br /> ��, , �,+��te-�j7�-f��!'}n.+.tiaZn,�•,° --'�qr{�r.�rl.'�•����.�-r -. --- ..,.,.1; .-.��� � t c ,---�-
<br /> �`�A�R, � e-. - " - ') +Y -�..
<br /> '�' :i•fnJ/fBi�M1�c7:,..,,r� :N�iq,( .1.i,:5,•. i'ltu.a�.t�f:��.�r,t�l.�t.� _ .. .. ,..
<br /> �L �--.:����i�u{.a�n�7.1� � �1�.� . � . . . __.._�� ^
<br /> an�� !rMAY ll.i�YF�f`�1'�f1,C1��Mu�pyM"-i1✓N'�{!�L k.
<br /> r�i��.:�.���aIK����:5"._4 11 _ .•.. !' _ _ _� -�d P.i _____
<br /> 97��0�l�l�
<br /> TOGETH�R WI1'Fi idl�hc impr�vvcments now an c�renfter erectexi on the pr�pcny, nnd all eus mcn s,uppurtcnanres, :uid
<br /> fixtures now �ir heru�fler ii part of t8c pmpeny. All replacements und udditl�ns �hull ultio be cavered hy this Security
<br /> Inrtrumcnt. All uf the foregoing is rcfcrrnl tu in this Security bistrument us the"Propeny."
<br /> BORROW�R COV�NANTS�hu1 &�rrower is luwfully sciseJ af the estutc hereby cunvcycd.md hus the right tu grunt und
<br /> convey the Praperty und thnt the Prupeny is ui�encumi�ered,except for encumbrunces of recotd. Borrower wurrunts und will
<br /> dctcnd gencrnliy thc tide tn thc Praperty uguinst uU claims and demunds.subject to any cncumbran�cs of recotd.
<br /> TE11S SGCURITY INS'fItUMENTcomhincy uniform covenimts for nntional ase und non-unifonn cuvenunts with limitcd _
<br /> vurfations by Jurisdiction ta canstitutc u uniform�ccurlty ia�,trumcnt rnvtring rcal property.
<br /> UNIFORM COVENANTS. 8arc�wcr und I.endcr covenant and agrcc a5 follows:
<br /> 1. PAyment ot Prtnclpul end Interc.st; Prepayment and Late CharRes. Borrowcr shall promptly puy when due the
<br /> principal of und inter�.tit on thc debt cvidenced by the NTotc and any prepayment and lutc charges due under the Notc.
<br /> 2. F'undc tar Taxrs wnd Insuranee. Subject to upplicable law or to u written wniver by L.ender, Harrower shall pay to
<br /> Lendcr on tl�e dny monthly payments ure duc undcr the Note,until the Note is paid in full,a sum("Funds")for: (n)yearly taxec
<br /> und assessments which may nttuin priority ovcr this S�urity Instrument as a lien on the Property: (b)yearlY Ieasehold payments
<br /> or ground mn��on thc Property, if any;(c) ycnrly hnznrd or propeny insurance premiums;(d)ycarly flood insurunce premiums,
<br /> if uny: (o)ycarly mortguge insurance prcmiums. if nny;and(� any sums payablc by Borrower to Lender, in uccordance with
<br /> the provisions of parugrnph B, in lieu af the payment of mortga�e insurance premi�ams. These items xre called "Escrow Itoms."
<br /> I,ender muy. at uny time. collect and Irold Funds in un amount not to exceed the maximum amount a lender for a federnlly
<br /> rclatod mortgage loan may rcquirc far Borrower's esrrow account under[hs feAeral Real Estate Scttlemcnt Procedures Act of
<br /> 1974 us umendai from t�me to timc, t 2 U.S.C. Sectiu�i 2G01 et seq. {"R�SP'A"), unlcss another law that upplIes to the Funds --
<br /> sets a lesser iunount. If so, I.ender may, at any time. collect and hold Funds in an amount not to exceecl the lesser amount.
<br /> I.ender may estimatc thc wnount of Funds due on the basis of cunrnt data and�easonable estimates of expenditures of future
<br /> Bscrow Items or othenvise in arcordunce with applicuble law.
<br /> The Funds shall be held in an institution whose deposits are insurcd by a federal agency. instrumentultty, or entiry
<br /> (including L.ender.if L.ender is such an instttution)or in any Federal Home Loan Bank. I.ender shall apply the Funds to pay the
<br /> Escrow I►.ems. I.ender may nat chnrge Borrower for holdins and upplying the Funds,annually analyzing the escrow account.or
<br /> verlfying the Escrow Items,unless Lender pays Borrower interest on the Funds and applirable law permits Lender to make such
<br /> n charge. However, I.ender may require Borrower to pay a one-time charge for en independent real estate tax reporting secvica
<br /> • used by I.ender in canne�ion with this loan, unless applicable law provides othenvise. Unless an ugrcement is made or
<br /> applicable law rcquires interest to be paid, Lender shall not be required to pay Borrower any intcrest or eamings on the Funds.
<br /> Borrower and I.ender muy ugrrx i��w:itii�g,ti�;�crei. tiiai inicr�si sh�!! tx paid on she F�.^.s3�. I.�r.sl�r sha!!oive�o R�►*�o�+er;
<br /> without charge, an unnual nccounting of the Funds, showing crcdits nnd debits to the Funds and the purpose for which euch
<br /> debit to the Funds was made.The Funds are pledged as additional securicy for all sums secured by this Securiry Instnunent.
<br /> If the Funds held by L.ender exceed the amounts pertnitted to be held by applicable law. Lender shall account to Bonpwer
<br /> for ih�excess Funds in stccordunce with the requirements of applirable law. if the amount of the Funds held by Lender at any
<br /> dme Is not sufficlent to pny the Escrow Items when due,Lender may so notify Barrower in writing,and,in such case Borrowor
<br /> shall pay to Lender the amount necessary to make up the deficirncy. Borrower shall make up the deficiency in no mare then
<br /> ' twelve monthly payments,at I.ender's sale discretion.
<br /> � Upon payment in full of all surns 3ecured by this Security Instrument. Lender shall promptly refund to Borrower any
<br /> Funds held by Lender.If.nnder paragraph 2l.Lender shall acquire or sell the Properry. Lender, prior to the acquisition or sale
<br /> of the Properry,shall appiy any Funds hetd by Lender at the time of acquisition or sale as a credit against the sums secut�ed by
<br /> this Securiry Instruttient.
<br /> 3.Appltcation of Paymen�s.Unless applicablc law provides otherwise,all payments received by L.ender under paragraphs
<br /> 1 and 2 shall be applted: first,to any prepayment charges due under the Note;second, to amounts payable under paragraph 2:
<br /> thitd,to interest due:fourth,to principal due;and lust. to any late charges due under the Note.
<br /> 4.Charges;Liens. Bonower shall pay all taxes, assessments, charges, fines and impositions attributable ro the Property
<br /> which may atwin priority over this Securiry Instn�ment,and leasehold payments or ground rents, if any. Borrower shall pay
<br /> these obligations in the manner provided in paragraph 2,or if not paid in thut munrter,Borrower shal! pay thetn on time dlrecdy
<br /> , to the person owed payment.Borrower shall promptly fumish to Lender all notices of amounts to be paid under this paragraph.
<br /> If Borrower makes these payments directly.9orrower shall prompriy fumish ta I.ender receipts�videncing the payments.
<br /> Bonower shall promptly discharge any lien which has priority over this Security Instrument unless Honower: (a)agrees in
<br /> writing to the payment of the obligation secured by the lien In a manner acceptable to Lender;(b)contests in goad faith the Iten
<br /> by,or defends aguinst enforcement of the lien in, legel proceedings which in the Lender's opinion operate to prevent the
<br /> ' enforcement of tl�e lien;or(c)secures from the holder of the lien un agreement satisfuctory to Lender subordinuting the lien to
<br /> this Security Instrument. If Lender determines that any part of the Property is subject to a lten which muy attain prtority over
<br /> this Se.�urity Instrument, Lender may give Borr�wer a notice identifying the lien. Bottower shall sntisfy the lien or take one or
<br /> more of the actions set forth above wichin 10 days of the giving of nntice.
<br /> Form 3028 9190
<br />_ Pe�e Y o�6
<br /> i
<br />. ; • •
<br /> I
<br />— —�� —
<br /> -. _.'___._ ---'--��w�•.-a -v....Fa-r-�.:-nco��� - �f�-.._ _- _"
<br />_-- ._- _-__ _ _ _.__ __'�.�f'. 'C: _ ... _
<br /> __ .. ----- ---- -�-- --- -- ---.--- ------ .
<br /> _� __ _. ._ . ..__ _ .. . .. :... S , .: ._ ..�'� M.1_ .
<br /> :I ,....^-.«y,�����G .. •'F ':, �,j � �-� -
<br /> ° . r cri.r. s �;�F�.vi�+.�� .v �� ., .= ----
<br /> _•� • „ • • �;� � .r r •>�k,. . _ -•
<br /> ,
<br /> � � .. t�-4 � �:;�,'`� � ,;�'k. tt---
<br /> r•y;i6.�-:.
<br /> •� .... . . .. . .. ' ' - . • .. . . ' . . � " -f.�f•'"r�-W--
<br /> ���; - � . .. . � . '�wiy--
<br /> . • ., . �* •:t' ';��t•',�^'1;�"J- " � ��', .�L..' .
<br /> � .� � - '�c�i' .�. .:�1•�'-� ',i-:: .:' . `t',iF�,�..-
<br /> , .l rr• jy.x;G+.,�; � �,�, :.,
<br />_ '. , j .. . � ,���.K.� p�,S�te . .. .���—
<br /> 4 , . �"[",�r' ,... •. -
<br /> ' rJ `�1�f 'f�Yo� �n]•._�' ', '"::}:.���,
<br /> Y. •1 t._;...
<br /> '�� ' .. ' .2'�. �y`Ia��F�s'.:'y�y'�
<br /> � , :� ' I •.4'L��Lf/.�y.',��=�.
<br /> .. � �� '�r . 'r..Yi. .'.t`t. ..,�'{Y�!"_"
<br /> .� � � � . .r - . . � _
<br />
|