|
� '::x:+��_ ��r
<br /> , ��r., . �
<br /> -_•a - - _
<br /> - ��,... _
<br /> u:�.:..,_..._l, —
<br /> _ ___ _ _ ----- _-- � . - --- - _ -- -
<br /> � 98- iso�
<br /> 'fOOE7`HER WITN dl the lmprovane�Ni now or hae�het erected vn the property,u�d all eaAements,Mpunenances, uid
<br /> tixtura now or henafla� a �rt of thr pcbperty. All roplacanenu ind �dditioe� eh�ll dao be anverod by thi� Security
<br /> l�utrumed.All of Uw+fws�oin�is rokmed to ia lhl�5acurity Irutruma�t�a the'PropeMy.'
<br /> BORROWER COVENANTS th�t Bormwer i�lawfully eeiaad of the esute hereby conveyed ard h�s the ri�ht lo�nr►t vd
<br />, conviey the Praperty �rd th�t d►e Pmpctty is unencumberod, exoept far encumbrarKxa o/rocord. Borrvwer wurwntx �nd will
<br /> defrnd jenerally the tftle to�ho PropertY n�drut all clain►s uxf demand�, subject ta�ny enrumbrxnces of raord.
<br /> THIS SESCl1RITY INS7'RUMENT cortibinai unitorm oovaiuK�tor n�ticxu�l we ud non-unitorm covenanu with limited
<br /> v�riulnnx by ju�idictlon to oautitutc+�uniform security irutrument cuvering real prc�peny.
<br /> UN1f+ORM COVBNANTS. BoKOwer and l,.ender mven�nt�nd qra as follow::
<br /> 1. ��reat ot 1Mnrlpd ud Iden�ti �y�aM rnd I.ate Ch�r�a. Borrower slWl P►'omW�Y P�Y Whrn due the
<br /> principd of�rd Inteneu an the debt evidax�ed b�the Note ud any prepayment ud late chu�ea duc under the Nute.
<br /> 2. F�tot Tua Md 1'�wr�aoe, Subjecl to �pplicalSle I�w or to a written waiver by L.ender, Borrower ahall p�y to
<br /> L.erder on 1he day rtionthly p�ymeMs are.due uncier the Note,nntil thc Note ia paici in full,a sum('Fw�ds')for: (a)yearly wca
<br /> and e�ncros which mty MWn priority over this Securiry Tnsitument ss a lien on the Property;(b)yarly leaseMld p�yma►ts
<br /> ar�round raMa ort the F�oputy, if�ny:(c)Yarly hourd or prnpaty iuwranoe pr�atuiwns�(d)Yarly flood i�uunnce premiwas.
<br /> if ary:(e)yeutly.mort�a=e inwranoe pn�niurru, if�ny;�nd(�my wms paYable by Horrowu ta I�p�der. ia acoordana with
<br /> ' db provisions of,ppnyrwph 8,in lieu of the pryment of mort�a�e inauru�oe praniurtu.These itant ue callod 'Facmw itecns."
<br /> d.eoder m�y, at ury time. rollect �nd M�Id Funda in an antount not to exoeed the mucimum unount a lender far a feder�lly
<br /> rel�tad rtwit�a�o loui m�y roquin for Bormwer':acrow an�ount uider the fedenl Ral Estate Sadom�t Prooedures Act of
<br /> l974��nip�ded trom time to time, 12 U.S.C. Soction 2601 et req. ('RFSPA'), unlas another laM th�t apptiea to the Fwds
<br /> �nn a lemer amoum. If,o, I.ender m�y. �t any time. collect and hold Funds in an amoent not to exceea the luser amoant.
<br /> La�da rdy eatirt�ce the�mouRt of Fwds due on the baie of cumrnt data rrd reasavt►Ic Guiimates of eapaditures of future
<br /> Facr�o�w Itaas or adkrwi�e in+e000rd�na witt�epplicabk law.
<br /> The Purds shdl be held in an inatitution whoee depo�its� iruured by a fedenl a�d�cy, inatruma�Wity. or entity
<br /> (lodudin�Leeder.if I.aider ir wch�n imtitution)or in�rry Faktd Horne L,o�a Bank.I.ender�11�pply tM Pundt to pqr die
<br /> SxavM ItaoR. Lender mry not cf�rge Bortower fcx holdini and�pplyin�the Fwda.annwlly amlyring the acrow ac�oouot.or
<br /> raify�e�tbe Factio�v Itm�.nol�u I.ender pnrs Borrower itka�eat on the Funda iu�d�pplicable la�v pamia La�der to tu�be wch
<br /> a ebar�e. However. [.aoder m�y requiee Bon+ower w p�y a 000-time durje for�n indepmdax rcal euate tu reportiq�iervioe
<br /> wed b!' I.en�ler in oauiectian with this lo�n. uedas �liabk I�w provida atherwix. Unkss m qreanan �S mde a
<br /> �pplicabie Inv iroqttirot inoeneit w be prid.La�der shall not be i+equir�ed to p�y BoROw�a aay iaoenen or eendo�s an d�e PYadit.
<br /> Boctawrot�d[.aidec m�y ap�ee in wridn�, boweva. tlMt inter�at shall be paid on the Punds. Ladar ahall=ive 10 Borrowe�.
<br /> witboYt cbn�e, �n a�u�uli) aooaultinR o[the FuMt. �ns c�adi'ts aed deMn tn the Aueda a�l H�e nur.Yrn fn.w�hid�a+.r�
<br /> . , .. .._ - - ---- ,
<br /> debit b tba Eh�ad�was n�e.The Punds are pledjed as dditlo�al tecudty tor all wmt aecured by tlil�Seairiry lu�trnmo4t. •
<br /> If tbe[hmd.eeld by L�ender exoeed me amoum pamiaee a ee held by app�icabk�aM. t.a�der�u a000unt oo eona�ar
<br /> ,it�t 16r euoe�'P�in aoca�i�ooe with tAe req�irameau of applic�Mt Ltw. If tbe amaunt o�[tbe Puad�bdd by Leedar at arq�
<br /> f��i m1.�1�CjOfk b�(h0�CI�OMI if011ti W�Ila dYO.�.AldCt 1��0 il0tl�BOl�ME[1�Mf1t11K.�.lA WC�I CNO�IV�''
<br /> � � W�:�IY�fhQ�IOOIM'•fl00�t0 RI�7C Y�f f�1E�. HDifOMQ i�lf��IO�kE ttp IbE �C�O[ICy�1l p0�f0 1�IM1.�
<br /> '��'1WOYYa��'�.IU;�:C7�Ef���C��00.
<br /> �;�`���• � Vp��lM�K�O A1���Of V� Nlml �OLl�IEd �flll!sOWifly�f1�N�. L�EO�L'f{�lr�� �OR�y IEbOd o0 �t'O'NQ �
<br /> f�.a.e.w by��.N;w�der pn�caph z l.I..mder eAdl.oqui�e o�ieu u�e Propaty,L.eoaer,prior to me.oquWaoo or ae
<br /> d��paty�'�dl a�dY�i'��+6eW by I.ender at the tlme of aoquWtfon or�{e�e�cmdit a�aint tbe w�m�Mc�ied by
<br /> 1hi�8eairiq�L�stt�aent.
<br /> � �.A�ew�.ot h...r..unbas.pplic�ble�a.��pmwldct ahenvi�e.d�p.ymaots reaetivee e;►I�,der noaec pet�l� _
<br /> 1 �ed 2�it bs�ppibd: Mt,to any p�ep�ymeot d�,��ue`t'iader tde Nde� �eoond.oo aa�a�m pyabb ueder p�rrp�ph 2: .
<br /> tbad.w iatawt dde:toueth.m pri�ip�l dx:md l�t. to am late ct►�ryes due nnda We Not�.
<br /> +.�I/�.Bamw�ar�II pay sll tazes, waw�eam,.•�lpr�e�. HnK wd impo�itioro atttibaRable to tAe P�qpeaty
<br /> �vric4 aiq''iM9lafn priority over tbia Secv�itY I�ru�eeat,�nd ler�±l�qRd'p�ymaMi or grou�d em�i: if a,y. Borrow���.:�qr
<br /> Ibas obli��io tYe mn�r povjded ia p�w�nph 2,or it not p�id�n ttwt rn�m�a.Hamwror du11 p�y them oe time dit�eo�
<br /> ::Iq,dro paroa o�rod pqa�R:`Hono�w�rr af Wl P�PUr'�i�h to Itader all noticea or amounts to be p�id uida ehi�p�ryop6.
<br /> ':�i'�rnwer pMka t6eae piq�rnaots dleedly,Bortowa tivll p�oa�ptly tlnoit6 bo lader rocdpts evidenciap tbe pbmtwrs.
<br /> �!'�'!�:��P�P�'��g�Y Ika w�hid�h�t prbrity over this Seairiry t�ommt ude�Bar�er.(a)ap�er io
<br /> wt�n�ta�.i.�iC.,�li�mmt of tl�abllption,�ecuied by t6e lieo in a im�nnea acceptrble�o Imder.(b)ooaee�rq in�ood 1Wh tl�•�
<br /> t1y, or d�ijbnda.�,�'ainrt afonaa�e��.of Y�'lieo in. lesd prooeedin�s wfiich is tbe [.eader't opinia�n ape��e oo peeriaiti"t:'t�i1
<br /> •,::cxi�on�enfau'�i'�Uie libp:•il'r;�i)iea�ree fiom t6e bolder of Ise 11en m ap�eement�pqcf�coory w Laoder subo���the lian b
<br /> '''iblA•��ry Imwm�tf:'It':x�ad�r deoamiees dut�ny put M tfie Prope�ty is�utiject to a lim rhich mq �qi7p pQioriry ovar
<br /> . �b 9oa�ri�',Imaum�nc. lxaotkr m�y pve Horta�.a a notia ideadtyiQg the tien. Horrower�hdl a�t4fjr�e liao er tabe�Nittia
<br /> o�o�.,orn��.�c�.bo.�"��p �o�,r:oc�a���or�ua. �
<br /> . . , r�.�,,;;�
<br /> , F�nn l03� f/!0
<br /> .-- . ►�M 2�I�
<br />
|