|
. .. . ., .
<br /> .., :.:,,_� �
<br /> .e ..�... --- ,. ._ � :.
<br /> a:�..,,::'.,:,_,- —- -- -- —
<br /> � � 98- �0�4
<br /> TOC3ETH�R 1NITH �ll the impmvtmeaca now or hereafter crected on tho property.and dl eaao►nenu, �ppunen�, u�d
<br /> fixtuces now or heYe�lter • put of tho properry. Ali repleoementr �nd �ddfUoni �hali dw bo covered by thia Securtry
<br /> Inatzumeat.All of trie fore�oinx b rofesrod ta!n thi�Securlry Jastruaxnt a tbe"Propsrry."
<br /> BORROWER COVBNANT3 th�t Boncwer i�l�wtuily�ci�od af the al�tc hereby convryed�nd hu the dght ta�ruu�ad
<br /> coavey ttse Property wd thu �t►e Property l�unencumberod, oaapt fc►r eacumbrmce�of recard. Borrower w�rra►b u�d will
<br /> defead�ener�ll�the title to the Property aQdatt�I�cldms+ind demu�dd,�ubJect to wy eocumbrsnca of mord.
<br /> THIS 5BCURITY INSTRUM6NT combina unitorm covenaate for nulon�l wo ard non-unifocm covetunu with limlted
<br /> vuiutons by juri�dlctlon to ooatitute�uaiform�ecudty irucrumeat caverin=real proparty.
<br /> UNIFORM COVENANTS.Horrower�nd l,a�der covenant wd+�ree as followi:
<br /> 1. Ps�mmaat o!Prindp�l �ad Inta+ert; l�yma�t �ad �tr Cl�a, Borrowcr shdl promptlY p�Y when due the
<br /> principal af uid intenet ou the ckbt nvld�aticisd by tht Note aud any prepayment an�!late chA��es dua under the Naa _
<br /> Z. P�sd��or T�uca�nd inn�r�qoe. SubJax to �pplicable ltw or to�wdtua w�ivar by l..ender. Borrowa ah�ll pay to
<br /> l,endrr on the day moathly paymeats ue due uader the Note,until the Note i�p�id 3n tull.�aum("Funda")for: p)yeuly wca
<br /> wd weuaaanu which may ut�in pdodty ova thia Secudty Inetnu�nt ai a Urn on the Propertyc(b)Yeuly leasehold paymeaa
<br /> or ground nats on tha Propercy,if aay;(c)yeuly h�zard or propercy lcuur+mce pnuiluass;(d)yeuly fload insurance promtunu�
<br /> if aay� (e)YeulY monK�Bo insurana preuniuma� if�ny�u�d(�wy suroa p�yable by Borrower to l,ender, in aaord�oce with
<br /> the provi�iow of pu�rap4 8. ln Nw of the payment of mortgago insurance premium+.Theae item+ue called"Facmw Iteuu."
<br /> L�eader m�y. u aay time. callect �nd hold Puada in aa umw�t not to excoed the muimwn pmount i leader for a feder�lly
<br /> nlated aaoct��ge loan may raqulra for Borrowa's eacmw�ccount under tl�e federal Real Est�te Sattlement Prooeduns Act of
<br /> 1974�u�meaded from time to time. 12 U.S.C. Sxtioa 2601 d a�tq. ("1tESPA"),wilesa wotha law tt►at q>plia to thee Fuad�
<br /> �tets�lea�er mnouat.If sa, La�da nuy, u aay tiiue� colloa md hold Fundi ia u►+imount not w�xroed tha laaer�mount.
<br /> �.wder m�y ptimate the�nouat of Fund�due on the b�is of curreat dau�nd reuonable eatimues of expenditures of futnre
<br /> E�cFow Itenu or othenviu ia�coordanoe with applicable law.
<br /> The Funds �h�Jl be 6eld in �n imtitution whase depoaits �re insurod by x foder�l agency, fnstrumect�lity, or entity
<br /> (inc��1�ad�r� if i,ender is such ae imtituHoa)or in my Foder�]Home l�oan Baak.L,eader�11�pp1y the Funds to pry the
<br /> �scrow Itom�.l..wda mry not chugC Borrower for holdiag�nd+�plying tLe Fuads�umwilly uWyzing tLe acrow aaount.or
<br /> ��r���sc,row Itenru,unlaa 1�oder W�Y�Borrowa'►°ten+t°n tt►e F�U°d°�od�PPlicable law pernaiite L+ender to m�ice�ch
<br /> •,cJiu�e.Hawever, Leader m�y ra;uire Hcirrower to pay R one-tiroe charge for w independent ie�l ataSe Wc npo�tin��ervia
<br /> ue,Kj by l�kr ►n connaxion ait6 thi: low, unless sipplic�ble law provldd otbecwise. Uala� �n �roemeat u made or
<br /> �pplicable law requira interat to be pdd.Lwder shsll not be required w pay BorroMer any interat or earnio�s oa tl►e Funds. `
<br /> Borrower�od Leadet may�ree in wrlNng.however� Ih�t intetat�h�ll be paid on tbe Funds. I.eada ihall d fo which each
<br /> �vithout chv�e, �n �onual�owntin8 of ttw Pund�� stwwln�crodiu�nd debiu to the Pund�and the Pnrpore
<br /> debit to We F+unda wr�mde.T6e Fuads•ard pled�ed ss�dditiowl�oc�uity for ail wm��ecured hy thle Security Insuvn►eat.
<br /> if tbe Punr4 h�dd by 1�de�'e�coeed Uae a�oupt�I►etmiued to be 4eld�y applicable l�w.LZnder etull�ecooat to Bor�+ower �
<br /> EO!d1E CRCOi�PIq1d�Ul iC00I�0�T1CC iYII�tj1C ICyWie[iicuii vi iyryri�Cw��:+Lw. �f itS:.'.JL`..^lSII:L`f!�'�!�lB+IA}.iv,1 eKwIEC 1[�11V
<br /> l�iriE�i 11tK rp��1�(0�t21E�ON itltnf W�lA dt1t�T.dlt�E!ID�y�0�Ot��a1fi01YCi�D Wt�t14��did�IQ t11C�1 C�/E BOtIOiYEt
<br /> {�11�t0 1 EQIdOT tAE �Ol1Gt nOCC/i�[Y t0 mi1CC lljl tUE dCflCIC�. BOHO�VCi fblll QI�CE Up tt1C({CtICk'llCy �II OO mOt+E ih�A �1
<br /> tw�ddve montW9 WY�v��I.erxlor'�ale diiccetion.
<br /> Upp�pa�rmeot fn !bU oi�11 :ums �ecured bS' tW�Security insuuma►t. l.eada�1W1 promptly nfund to Borrowec any
<br /> Fuud�6dd by L.a�c1a.If,�mder p�ca�aQh 21�La�der�tull�equire or ull the Pcopaty�L,eode�.pdor to the�equiaitba or ale
<br /> of tbe P�rnp�xty.�Il aPP�Y mY��held by Lender at the time ot acqui�fdod or ule as a credit�ainst the wms iecured by
<br /> this Securiry Inswmait.
<br /> 3.ANpYetlio�o[Pa�eab.UWo�.ppplicable lxw pmvida otherwiae,all paymaits ceaived by I.eader wide:'p�ratn(►h�
<br /> 1 aod 2 dull be applled:Mt�to mY P='�PaY����a due aoder the Note:�ocond� w�muuna payable unda pac�r�ph 2;
<br /> thW.to iuoerest due�foucth.to Princi[►d duet md la�t,to any l�te ch�rjea due under.the Note.
<br /> 4.C'Yrfa; Ler.Bo�mw�er�11 qiy rA tue�.a�a�meatt,c,har�a� t�#nd itt�aitio��tMbutable w tbe Property
<br /> which m�Y �adn.Priodty ova tbl� S�ecurity Instiument� aad lea�old paymeau or gho�md ra�ts�Ii�ny. Bo:ro�►►a�4aU Wy
<br /> t6ae obli�do�s tn t6e m�ouer provided in paca�r�ph 2,or!f not paid in th�e mmaer�Horro�ra aDali Qsy ttiem on time d�rCCt�Y.:
<br /> to the pa�on mived pryeoent.Bon�owa�1 yramptlY lluaLh to L,ader all notloes of amc�uau ta'ba paid w�des►his pacagr�fi.•
<br /> If Borcv�rar mak�es tbae psyma►u dir�ctly�Botmwac s4d1 promptlY NmLh to L,eaAer reoeipts u+►idayain;tho prymeati.
<br /> Boaowa�iull promptly di�chacfe any lie�whicli luw Qtiodty ova thir 5ecudty Inrt�utnatt unleat Borrower: (�)Wee�in
<br /> wrfting to the payment of the obllgstion�ecured by the liea in a mwner socept�le to Lander;(b)coqtaq in�d f�dth t6e li�a
<br /> by. oc defmds ��ut enforoemau of tht liea �n. 1e�al Prooeedin�s which in We L�eaAer's qpinion apat�ts to Proveat tbe
<br /> eaforameru of the liea:or(c)iecura fiom the bolder of the]ka an agree.meat�hctory w Laxkx wbordia�tiaf tbe lka w
<br /> thL Savrity Imt:umeat.If l,ender dstennina thu+�aY?ut of Nhe Propecty it wbject to a ilea which cuy�ttdn priudty ova
<br /> thi�Secudry Loutumeat,I.r.ada�Y�ive Borrower�aotiae idwtityinQ the llen. Bott+owa thall tatisfy the liea or W�e one or
<br /> aaoce of tLe actiau�et furth�bnve whh'tt�10 days of the givi�g oY notla.
<br /> . . Fa�n�o2t�,�
<br /> �-N11M6)losu�.o� ►�i or� www�•�l
<br />
|