|
. �.. .
<br /> : . -_.__ __-"i_`ti�1�bLr.,...1r. ._ _ . .
<br /> _ " "y _ ..'�, _"_. ..... -
<br /> � _
<br /> __ �.��.�..--...-..-'-_-- _ _ _
<br /> __
<br /> . .... ... _ .. . . _.. . ... .._. _ .
<br /> . .. .. . __.. ..... ....... ... . _ -. �• i
<br /> _. .... .. ! .
<br /> '' 98-x1�9�'S
<br /> 'i'OCiETHER WITH all the improvemenu nnw ar here�fter eractd on t4�e property, and�If easements, ap{+urtenwnce�,and
<br /> t"ixtura now ur iKro�Qer � part of the properiy. AU rcplacar�enes u�d addiUons she{I �Icc� be cQVeral by this Security
<br /> Irulrument. All of thc forc�nin�ie referreil to in thl�Socuri►y In�Irumenl u the"Propeny."
<br /> BURRQWP,R CnV�NANTS thpt Borrower i�I�wtl�lly wel�ed of the eisttrV:hercby conveyod r�x1 ha�the ri�ht to Qrant and
<br /> cunvey the Prc�pehy ancl that the Prope�ly i�unencumberod, exc�.�pt for encumbnnces nf ra'c�n1. 8orrower wwrranl� wxi will
<br /> �lefo�d�eirerdly the Iitie tn the PropertY�RNln.0�II ci�inu rnd ckm+rnls�subJoct to�ny encumbrxnces of recont.
<br /> THIS 5ECU�t17'Y INSTRUMENT combfna unifUrm rnvenNma far rwtiorwl use�rxf rn�n•un{fnrni cavCiunts with limitnd
<br /> vuiatiau�+y juridictic�n to rnnuitute�uniform wecurity inw�reiment coverin�rcul property.
<br /> UNIPORM COVBNANTS,8orrawer�nd Lender covenam and r�ree+u�follows:
<br /> i. p,�y���t uf Prfnc:pa� aad Inttre�t; Prrl�ryn�cnt Mnd I,�te Cluuxa. &�rrower shall �,rom{xly pay when due the
<br /> principRl of ard intereat cm the+iebt evldenoed uy the Nae and u�Y p�P�Y�nt and I+►te chu�e+due under tha Nae.
<br /> 2. F'untM [or Tiurp� rad lnw�nnce. SubJect�a �plicablo I�w or to a written waiver by Lender. Barn�wer shall pNy to
<br /> Lrd�der.on the ci�y moiu!►�Y WYmeata ue due u�xier the Nnte,uMil the Note i�p�id in tull,e sum("Funds")for:(u)ye�rly taxa
<br /> �nd ana�smenls which may attaln pdority over thiR Secu�iry Irwrument aa N lien on the Yropeny;(b)Yeuly Iwehold p�ymaNi
<br /> cx�raund raus on the PropertY.if any;(e)YariY hw►d or pcaperty inwranoe premiuiru:(d)Yrarly floal insurana premiums.
<br /> if�ny;(e) ya►r�Y nwrt�a�C i"wrs�e 1x�ums, if�ny; and (A a�►Y �WY+►ble by Horrowa to Lender. in�a:o►du�ce wi�h
<br /> tlie qovisiont of parapwph 8. in lieu of the payma�t o[mott�qe inwrmoe praniumr. 7'hae items ue alled'Bscrow itam."
<br /> Lender may, �t �ny Ume, collact and hold Pyrds i� an unount not to exoeed the maximum�►wunt a lader for� federdly�
<br /> re�ated tmrt�a�e loan rrury reyuire foF Barrower'ti escrow acccwnt unuer the federal Real BstAte 5elQement Pro:edurcs Act�f
<br /> 1974 u Atna�ded from time w t[rne. �2 U.S.C. Sa.Kiun 2601 �t srq. ("RESPA"), unless onother law that applies to the Funds
<br /> � a���. If,a. Lender rr,ay, u u►y time, colled arn�twld Funds in an erraunt ix►t tv e�ceed tl�e lesser amount.
<br /> Lender m�y pdmMc t1rc�rmunt of Funds due on.the beeFA of cameat datt and►a+wnabk at�►nates °f expe�r]iwres of fuwro
<br /> Pacmw Itert�or atl�erwiu�in axo�dana wlth ap��cat�i;zw. " � . .
<br /> The Hurd� �hall be held in m in�tiwfion whose deposits ac�c�.irrs�r��v� by A faleral aQency, instrumenta�ity, or eMity
<br /> (including l..ec►der,if Csnder is wch pn instiartinh)or in u�Y Fed�l �iv►isc L►.b�n Bra►r. l�nder"h�11�ly che Fundt to p�y the
<br /> E�Crov�,Item. L�der may rot charge Borrower for holdin�arKl eQplying the Funds,uu►ual�y�nalYzinB the eacn°w�►�,or
<br /> verifyinj the F.tcro+�v Itans.unteas l.erider p�Y:Borrowa inaecest on the Funds�ad app�iaMe I�w pera�iu La►der oo mike wch
<br /> i�+e BormvVcr Gi a one-time d�arge for m independent rcal est�te wc reporting�ervia
<br /> � �dur�e. HoweYer. 1�ehdar m�y req� PaY
<br /> wed by l.e�det in oonnation with this la�n: unl��,�pplic�ble IAw provida oNr�wi�e. Unleu an a�reem�xM i� mde or
<br /> �ppiic�ble law e�qui�es inoere�t w be P�id�Le+der etull nat be roquicnd w p�y Borrorrer�ny intere�t or arninp un the Fw�d�.
<br /> Hort�o�ver�nd I.ender maY�Bree in writin�.however;thot inter'r,�t slWl be paid as the Wndt. L.ender dwll�ive to Hotrower.
<br /> witlwut chiu�o. +m annual acoountin=of the Fundt. shaWin�,cxtxti4s�.�te w Ihe Funds aid the puepo�e fot�vhieh ach
<br /> debit to thE Pundi was tr�de.The Pundt ue plodged'.as,M�fiprtet�securb'3"'.i�r all aums tecured by this Secucity lmtcummt•
<br /> U ttfe t�unda iK+id b�L�aricr c+�:�'.;�:a-w»rf:��`•�^i,.•.hnict t4ii,:aaolic�ble I�w.Ctnder sh�ll a000unt�Bo�t�
<br /> :or t6e exoee�Punds'in�ocord�noc+rhh d�e r�e�irenians.�uf�rptici�le}�v�;•.Ts�die�o�ouat of the R�d�6dd by +�Y
<br /> time it aot�u}�icient to pRy tfie E'.ocrow Itam w�l�en due�►:b�4u`in�Y io notiPy BormMa in writin�.+�od,ia axh ase Horrow�er
<br /> �l!pry iu I.aider the�rwunt nt�Ce�arY w��P the�fiCa�Aay. Bormwet etWl md�a up dx deflciea�cY Ia no a�om 16�a.
<br /> twelre marhlY MY�+,.�t.ea�'s ale dl�cretion. '.� • ' . 1 rcfuad ta Born►�er a�ry
<br /> Upoa ps�rment in full o�all wm� �ocured by this Security Inuivmau: Lender elWl proniQt Y
<br /> F�adt�dd by 1.midRr.If.under pangc�h 21.Lende*ah�l��oquiro or eeJl the ProQdtY,l.enck�r,prio*w the�oquidtion or�le
<br /> of tMe PropatY.�11�P'p�Y�Y Funds held by L�emier M dic'tr�ne of woquisition or ude Ns a credit a�inat the wms ax�red by ,
<br /> dda Seaaity l�trwmarc• ';s;, ��;1 '
<br /> 3.ApNldb�d?�aMs•Unles�+ipp�ic�t►k lAM�piXi#�ide�otherwuse,all po�yments:rooave±�by Lerder under p�raPl�
<br /> 1 d 2 �II be�pplie.d: 5rsc,w anY P�P�Yment,churYea���!I�tr�;��.eeoad. w ur�ounts WYable under par�raph 2: .
<br /> ddM.en ielene�t dn�e�touAh.w pciucipd duo;�ili►,d'ioit,W uty:l�C�;;��'�n�the Note. ,
<br /> 4.Clrrpr, I.kr.Borro�ver alull py dl pxa.�saesii�. d�'Be4;.,'Mes md iaopodtiaa��rfbuubk to tbe Pe�o�act�
<br /> ahich may�uain prla�ity ovix;lhis Sccuc�ty ��m�t,.ar��lcayeho�d P�YmaKs a Sro�!'.nd ra�b. if my. Bortwva thdl pq
<br /> thae obliption
<br /> in the arww p'rovided in pupg�h 2,4!'c�f not p�id in th�t ma�ra.Hoxln'�wer�hatl phr them or tume di�ctly
<br /> p�� owed,p�,n,a,t.Bor,+o;n,er ul;,�t(irf�,►,ctW��,tur�ta��bkS'I.aider d�notioea of snio�iot,to be pw wdor d�is wwv�ph• ,
<br /> [f Bo�rowu m�es die�e p�yments dicatlY:&Y}��civl4b�t4111�►mptlY fi�mish to i.ender reoeipt+ev�doaal!q�;tbe P�!'°�' .
<br /> Honowa ih.t�pr«nptiy Si�e+mr tla(�"viyeti�►�fi;u�Fnlat+9ty ovu chis sea,riry l�w�c ua{a3�oaowa:�a).p�ear fa
<br /> ih
<br /> of d�e obli on securad by the Ga�i•in,n{au�rmer acaepnDle w �Lc+!c1af;(b)so�tests ia�oorl,lEnit�i�e lisa
<br /> wrritiq�10 tbe p�ymait i� �'P. "� �� in tht_, tler'a opittiod opet�e ta-�i�e:�npK �6e
<br /> by. a detaoda aB�to�t a�foroement of the Ilw in, I " �� '�° �� 'to I.eoder wtwrdintiia�'.�3+e'liea w
<br /> �t o[th�e 4ia+:or(c)�ecures f�om nhe holder of the lim�n�greanan satisfa$tciy
<br /> thi�Security Ir�trume+�t. If La�der deterntir�that my part of the Propaty ie eubJ�iti,�d�lieo which�ay atWn priori�Y ovar ��.
<br /> d�i�gxuriry Inswment, i,e�der rtuy givc Borrower a notia idaitifyine thc lien. 8ot�+n�r ahall satisfy the lian ar taloe one or �'�,
<br /> more oE tbe actiona se�t fortF1 abc�ve within 1Q days af the giving of notia.
<br /> � F�a��f �NO
<br /> , . wv.ta6
<br /> � t' '
<br />
|