|
. _.
<br /> , , . .__ ,.
<br /> , . _ =
<br /> .:. __._.__.�t�:.::--:--� -
<br /> �.,,....�_.�_...._..__.�_..___ --
<br /> _ _ _. -- ____ -- _
<br /> � ' 98- s�.ois�
<br /> 'POQETH�It Wt7}I all Iha Impruvcouna now on c�rc�l'tcr crocled on tho property,Nnd dl e�uiema�u����d
<br /> Catun�t now or hota�tkr N p�rt oC the property.All rcplacemenu�nd additian�siwii�Iso bo coverod by thi�Socurity Inmurnpi4
<br /> All o(the fpro�oin�ir rcforrod b In thlt Socurity Inatrumcatl u Ihe"PropepY.•,
<br /> BORROW81t CpVFNAM'S thu Borrowcr la I�wfully�ciaod of ttw c�t�uo ltict�eby conveyod�d hu 1he ri�ht tc��nt md
<br /> conveY tha i�enY r�d iMt tho Properiy i� unencumberod�except tor encumbronca af rocord, 8ortower warrmu�nd wUl
<br /> dcfend�a�lly the titb tn dio ProprrtY�dnu dl cWma and dsm�ndy,�ubjoctlo any cix;umM�ncc�uf rocati.
<br /> - '!'IIIS S[iCtJRITh' 1NSiRUMEN'C combir�es uniform cove�wnu for nNtlo�wl u�e �nd nnn•uolfam eovpwi�wfth Ilmilad
<br /> v�d�tione by juriidicdan lo conqiwle�uelform�ecutity inaaumatt covcrin�r+cal propeny,
<br /> UNIPOItM COVENAM'S.Barrower md L.ender covaunt u�d�roe u folbwa:
<br /> l.lti�eat of Pri»cipl�Nd inter'at;Prepqmeat�ad I.ate Clurya. Borrowcr sFWI P�P�Y F►�Y �vhcn due tho
<br /> principal of+�d imaest on d�e debt ovide�ced Gy thc Note and xny P�WYment uid lue chu�es due w�da�ho Nae,
<br /> 2.Ruadi�or Tuca�ed IrLwranee. Subject to �pplic�bk I�w x to• wriu�en w�lver by L,ender,Bortowrr sh�ll pay to
<br /> ��'n^��Y��ly pnymcnu a�e duo unda thc Nate,unW the No10 i�t p�id in tuU.a sum(^Fw�ds")fa:(�)ycarly uxp
<br /> �nd wesat�att�which may�tnin prioriry over thit Socurity Inswment as� licn on the PropeitY:(b)Ycr1Y ka�tliold p�yrt�u
<br /> ar�ound ronts on da Fro�xrtY�iF�ny�(c)Yeer1Y h�zerd or Pro6xnY insurdnce promlunu�(d)YearlY tbod insur�nca pnemiuma,ii
<br /> �Y:(e)Y��Y�i�� � pnemiums,if any;and (n enY aumi p�ynbb by Bonower to L,cnder,ln a000�•J�nce with the
<br /> provl�ioe� of p�grq�h 8,fn Ueu of ihe p�ymcr�t of mongage in:uru�co prcmiuma. 'tt�o item�aro csUed "gap�ow Itenu."
<br /> Lender may��c any tirt�e�cdbct md hold Funds in an amounl not W eaccood tho maximum arraunt a la�der fa�[alaaily rcWed
<br /> mortgaQe lo�n m�y roquire for Bon+nwu's wcmw Account undar the foda�l Ral Sstata SeWement pr000d�Act ot 1474 ss
<br /> arnencbd from L'vr�e to tirne,lZ U,S.C.Soction 2601 et seq. ("RESPA").unkss�uwther trw that�pplia b thp Funds�el�a ywxr
<br /> anxwnt If�o. i.arder rtwy��t �ny tune.coUect md hold Funds in �n amaunt not w exceod �he kaer amoun� Leeder may
<br /> e�tiunaoo the�ur�aunt of�und�due on the baiis of curnru dala end reasonabb estirtuuc.i of eacpendiwrra ot fuwre F.scxow Ioems or
<br /> al�awi�e in accaM�nce with�pplicabk l�w.
<br /> 1f�e�widi ahall be held In an inulwtion whose deposatt aro insurod by�fadernl�gency.inatnima�Wity.a auity(iacludjnt
<br /> Le�ck.r.if I.en�la�a wch an inuiWtion)tx in any Fodetal Home I..alu� B�nlc.LdK1er sh�ll�pply the Funda b p�y Ibe B�c,�oa
<br /> Itans.L.erider may na cha�e Barawa far�olding and applying thc Fund��annwqy arWyzin�the acrorv acca,n�or vacifyin�
<br /> . d�e Fi�crow Itema,unkas L.aKler p�ya gt►rrower inta�st on the Funds�nd applicabk 4w permit�I.o+�der eo m�te such a ch�rge,
<br /> ' Hmvever. L.a�ckr may requiro Bomower w p�y a one-time chuge for�n indepencfa�t rat esqMe t#x rr�ortin��avice wed by
<br /> i�c'tMa in oonnection with d�is lan. unkas�pplic�bb law providcs aU�crwl�e.Unks�an agropnent is mde a
<br /> �o4u�t ia�aeat to be p�iri.I.ender sh�ll not be roquirod to pey Horrowu�ny ima�,a a arninga on the Fund�.Bamnwer a.d
<br /> �wu�r�r�ro�in wricinng,6o�veva.that intaaat ihW bc paid an th���(nds.Laider,thaU give►n Barrnwe�.x�hout c!�r,am
<br /> . nr,nwi acooundng of the Funds.�howina c�edlts and debits w the fi�nds and the purpc»e for which e�ch debit b�tf,o P�r�d�wn
<br /> +y►ade.'R�e Fw�ds�re pbd�od as•tlditipul aocuriry for all s�er�s xcurod by this Socurity�nswma�t
<br /> If the Funda heJd by Lr,nlor eaeooed the amcwnu pami Ucd to be held by�pplk�bb law,Lender ah�l�acoount b Barrow�far
<br /> the e�todes Fund�1't1t�oco�danx wYh the reouirrinrrta nf�rinlir��t,.., fi«���«iww��vi�i w:i�ui��IlciY Uy L/QIOCl a[�ly�111C�
<br /> no1 wt�icia►t b p�y die Eacmn Ilana whqi�d�ue,I.ender m.�y so r�otify�rrowa in writing,and,!n xtinc��ee Bart�ower d�ap pay
<br /> to I.enda� the amount nece�uy w m�ke �p the deficiency. Barowa s')WI m�ko up the def'xicncy in no moce tb�a tMelve
<br /> monthlY P�Y��.at I.er�der's sob ditcreuion.
<br /> UP�P�Y�t in full of YI �uns xcured by thia Sexu•riry tnalruma�� I.enda shW p�omptty rotta►d 10 Barower�ny P�o�ds
<br /> hdd by I.a�der, If,untier pr�r�ph 21�Lra�der shall�cquire a sell the Pxoperty�I.ea�du,prior W the
<br /> acquisitioa a We ot tbe
<br /> �y.�W.+�µpp�ly sny H�la held by Lenda at the timt of scquisition or s�le as a crodit�gairist tfie wmi�ecwed by t6i�
<br /> SMiM����N�N�LI�{� • •
<br /> �.AppYatio�d Parmab. Unkct epplicabk l�w provides othavvi+e�all pRyma�u reaived by I.avla uader�
<br /> i and 2 16ia11 be appliod:firn,to�ny PoepeYmcnt chacgas due w�da the Nae:�000i�d.to rnountt payable uader praQa�6 2;
<br /> �hird.w in�a+ae due:fourch.wprincipd due:�nd 1ast,to any 4�te cl�es due unda the Nae.
<br /> 4.C1uir�esi Lfar. Borrower slWl p�y aU lues�aae.s,vna�ts�ch�w�Fines�nd impoaitlans•AWilwlabk 6u fhe PraQe�ty �
<br /> which may�qin priority over thi�Security Inswment,and kasehold paymaits a ground rrnq,if ony.gaROwa d�W pay t6e�e .
<br /> obli�tions in the rt�nner provwsed in pra�tsph 2.a if rwt paid in d�et m�nner.Barower shall
<br /> P�Y d�an an time direcdy p thc'
<br /> pason owed p�yma�t Barnoner�haU Pron'�pt1Y fumiah to Ia�der dl nodces of�rrlounn 10 be p�id unda this�iir�r�ph. If
<br /> ao�tower makst thae WYmeab diroctly�Bomowu�q P�'�P�Y fumish to I.a�da roociPn evldancu►8�P�Y�ta:.
<br /> Sarm�va ahaU IxomPUY�Se�ny liee whkh hu priority avcr this Soc�rity Inswmcnt unle�s Barowcr. (a)�raet,'.in
<br /> �vritins to the payma�t of the obli�ticx►socwrod by t1k lien in a mann@i Acceptabk co I.er�der:(b)�onteata in good fAith tbe Ifea�
<br /> bY. ar defends a�inct enfacanp�t of the lien in, legal•�xooeodings�which in �hc i.c+�da's opinion oper+le w.�xevene the
<br /> enfo�aneat of tha lia�: or(c?!�cures from the hoWer of.arie lien an agrour�nt s�Nsi'ACtory rp I.enckr subondin�ti»�tbe liai�o
<br /> this Socurity Inarumen� If[:endcx detamina tlut u►y peirt of the Propaty u wbjoct to a lia�which iruY�ia Piairy ovar dur
<br /> Security In�urr�ent,I.enckr m�y �ive Barowu s notico ide�pfying the lien.Borrowa shW saNsfy�hc tiea oe uke an�a mone
<br /> of the�ctic�sa fath�bove within 10 days of the giving of notice,
<br /> Forn��Oti �NO
<br /> �•�R(NE)��:�:�.o� r.�y.:o�� inni.w: —
<br />
|