|
, �.�.. . . __
<br /> �, 1� ,r� ,,,�. --_.._..
<br /> . ,. � �,�p.�
<br /> _ �..�„ -- . `,.�:cm. +^-�'xxii'��'9��������'1. .Ui�G�� _� �';=�a;�r�c.-,__�_--
<br /> :�`�='
<br /> _._..�.���___.�_.�.�.�_- —�.,-�-r�_=_��v_�.�^--_.-`=_°"__�--�----�
<br /> ��� _ --__ - _ --_ _.iL'J�=-.
<br /> ... ... ........ . ....._ .__ ',,[� �
<br /> ,.'J,-..'�fi9563 �
<br /> TODETHF_R WITH all tha improvements now or hereafter erecte�i on the property,and all easements,appurtenances.and
<br /> fixtures now or hereafter a pnrt of the property. All replacements and uddltions shall nlso be covered by this Securlty
<br /> Insuvment. All of the foregoin�is referred to in this Security Instrument as the"Property."
<br /> BORROWER COVENANTS thet Horrower is lawfully seisod of the estate hereby conveyed and has the ri�ht to grant and
<br /> convey the Propany and that the Propercy is unencumbered;except for encumbrances of record. Bonower warran�s and will
<br /> defend generally the title to the Propercy against all claims and demands, subject w�uiy encumbrances of recurd. i -•�
<br /> THIS SECURITY INSTRUMENT wmbines uniform covenants for national use and non-uniform covenants with limited I
<br /> vaiiations by jurisdiction to cc��nstitute s uniform security instn�ment covering real property. i
<br /> UNIFORM COVENANTS.Bortower and Lender covensnt and agree as follows: ;
<br /> 1. Payment of Principal and Interest;Prepayment and Late Charges. Borrower sUall promptly pay when due the i
<br /> principal of and interest on the debt evidenced by the Note and any prepayment and late charges due under the Note. I
<br /> 2. Ftitads for Taxc.w and Insur�nce.Subject to applicnble law or to a written walver by Lendcr, Bonower shal!pay to
<br /> Lender an tbe day monthly payments ere due under the Note,until the Note is pa3d in full. u sum("Funds")for:(a)yearly taxes ,
<br /> and assessments which may attain prior�ty over this Secudty Instrument as a lien on the Properry; (b)yearly leasehold payments �
<br /> or ground rents on the Property,if any: (c)yearly hazard or property insurance premiums; (d)yearly tlood insurance premiums, ,
<br /> if any; (e)yearly martgage Insurance premiums, if ar�y;and(�any sums paysble by Borrower to Lender, in accordance a�ith ;
<br /> the provisians of paragraph 8. in lieu nf the payment of mortgage insurance premiums.Tliese items ure called"Escrow Items." ,
<br /> Lender muy.at uny time,colled and hald Funds in an amount not to �xceed the muximum amount a lender for a federnlly �
<br /> rclated mortgage loun muy require for Borcower's escrow account under the foderal Rcal P.stnte Setdement Procedures Act of ,
<br /> 1974 us umendcd iram time to timc,l2 U.S.C.Section 2601 et seq. ("RESPA").unless another law that appliag to the Funds .
<br /> sets u Icsscr umount. If :;a, Lender muy,at any time.collcct and hold Funds in un un�ount not to exceal the lesscr emount.
<br /> i,ender ma�� estimate thc amount af Pu�ids due on the basis of cuncnt data and reasonuble estimates of expenditures of future �
<br /> Escrow Itcros or othcrwisc in accordencc with npplicable law. •
<br /> Thc Funds shull kx held in en institution whose deposits ure insured by a federal agency, instrumeateliry, or ent�ty �
<br /> (including Leuder,if Lender is auch en institution)or in any Federal Home Loan Bank.Lender shall apply the Funds to pay the
<br /> Escrow Items. l.ender may nat charge Borrower fa holding and applying the Funds,annually analyzing the escrow account,or .
<br /> verifying thc Escrow Items,unless Lender pays Borrower interest on the Funds and applicable law permits L.ender to make such
<br /> a charge.However. Lender may require Borrower to pay a one-time charge for an independent real estate tax reporting service
<br /> �� �,y t rn�ier in connection with this loan, unless applicable law provi�ies atherwise. Unless an agreement is made or
<br /> applicable la�v requires interest to be paid,Lender shall not be required to pay Borrowcr any interest or earnings on che Fu►xI�.
<br /> Bosower and Lender may agrx in writing. however,that interest shall be paid on the Funds.Lend�r shall give ta Borrower.
<br /> without charge. an annual accaunting of the Funds, showing crediG4 nnd debits ta the Funds and the purpose for which each
<br /> debit to thz Funds was made. 'The Funds are plalged as edditlonal security for all sums secured by this Security Instrument.
<br /> If the Funds held by Lendtr exceed the amounts perrnitted to be held by applicable law. Lender shall acwunt to Borrower
<br /> for the excess Funds in accordance wlth the requirements of applicable law. If the amount of the Funds held by Lender at any
<br /> time is noc sufficient to pay the Escrow Items when due,Lender may so notify Borrower in writing,end,in such case Borrower
<br /> shall pay to Lender the amount neassary to make up the deficiency. Borrower shall make up the deficiency in no more than
<br /> twelr�c�onthly payments,at Lender's sole discretion.
<br /> Upon payment In fu11 of all sums secured by this Security Instrument, Lender shall prompdy refund to Borrower any
<br /> Funds held by Lender. If,undcr paragraph 21,Lender ahall acquire or sell the Property. I.ender.prior to the acquisition or sale
<br /> of the Property. shall apply any Funds held by Lender at the time uf acquisition or sale as a credit against the sums securod by
<br /> d�is Security Instnunent. '
<br /> 3.Appltrallon of PAymenis.Unless applicable law provides�therwise,all paymr,nts recxived Dy L.ender under paragraphs
<br /> 1 und 2 shall be applied:first,to any prepayment charges due under the Note; second.to amounts payable und�r pnragraph 2;
<br /> third.to interest due:faurth. to principal dua;and last,m any late charges due under the Note.
<br /> 4.Cluirges; Liens.Borrower shall pay all texes,assessments,charges,fines und imposidons attdbutable to the Property
<br /> which n�ay attain pdority over this Security Instmment. and leasehold payments or ground nrits,if any. Borrower shall pay
<br /> these obligations in the maru�er provided in paragreph 1,or if not pa{d in that manner,Borrower shall pay them on time diroctly
<br /> to the person owal payment. Borrower shall promptly furnish to L.ender all hotices of amounts to be paid undcr this paragraph.
<br /> If Borrower makes these payments directly. Borrower shall promptly furnish to I.ender recelpts evidencing the payments.
<br /> Borrower shall promptly discharge any lien which has priority over this Security Instniment unless Borrower:(a)agrces in
<br /> writin�to the payment of the obligatton securecl by the lien in a manner ucceptable to Lender;(b)contests in good faith the lien
<br /> 6y. or defends against enforcement of the lien in. legal proceedings which in the Lender's opinion operate to prevent the
<br /> enforcement of the lien;or(c)securcs from the holder of tite lien an agreement satisfuctory to Lender subordinadng the lien to
<br /> thls Securiry Instn�ment.If Lender detem�ines that any part of the Property is subject to n lien whIch may attain priority over
<br /> this Security Instrument,Lender rnay give Barrower x notice identifying the lien.Bonower shull satisfy the lien or take one or
<br /> more of the actions set forth abovc within 10 days of the giving of notice,
<br /> Form 3028 8(80
<br /> a.y,sore
<br /> awar�ras �s�- • 't•�.t�-� . �..,v.��c'" � �_ ^
<br /> -� 1 �l ��� f . .'. . �-.` �J. . ` . v� � h���{Y•+I�G�y v-�L�s�����m �. u�..
<br /> 1 .}1.' � " '" �.,1:�= � � ,S` l i"�r,; _2. r��y�--�i+�� ,__ --
<br /> t y�C,�y�9R1�dn
<br /> 'il�f�?�+�S �1,�'e��e:.t _ . . . , «�t �: .[T�S�i'�: --
<br /> .. S' _ . i t 1R�rw � `L�y ' %�`���i -
<br /> _- " ' y` .'7c' �?a� . i' .r . �:i � ----�-
<br /> r;r� t ,�:: .ra . . :'3�• . i w •:•�r;*c = - '�'�.�
<br /> _��r�S . . . .' - ' . ' �- 4:�, p.� I �., ,�...a_ __
<br /> -.r . . . ,S� � �' � �
<br /> 'Px=7_ ,_ . .._, _,_ ,�}� - _ —
<br /> . - . '� �:T''jb�`„�r'r�.�, , �`�t=- -
<br /> ° ' • • �•`:• w nst � ---- - --
<br />__=r: . . . ' . . . .. ,.y�t��.� '•�plt�'�1'Y-7"'�*�—_� - '—�"�"--. _—
<br /> . .. • . .' �ip:,•}� ' ' -t=�+* r�..�e� -- --'--------- �
<br /> � � i ° ., . ,���`- T�:j;'��Ay�'•Mi a'{�t` N — —
<br /> - 'J'.' !•� ,t .< : ,. , C" • .,r „ , 1`t �=---
<br /> :�� ,. . ... .�Hr;,' -�. �-c�<�-���.u,�.,.' -
<br /> ... _ . •�'�_:�{{-��:r =_-
<br /> � � i • .��K1Sl6'6(aY-�Y�
<br /> .. „ .. . � - � .:�r�fi.,�J.w . :;..- =�.'--_--_-
<br /> , , , .... _a�3+u�.� - �a:��ct:_.-_ ,
<br />
|