|
' � .vYt•'i i r� ' � 'S•fe.• "_ .f .. :� � „� "�.�'" .rt. � . `-�„��3''_"Y�.
<br /> . . .
<br /> . .-.:.a `��. �.. ..�.... •
<br /> r c `, . "'
<br /> �.:;.__�. ...��.��. -.3..,�.R.. _�...._.. .':._ - t _.�. _:s: i -- - .a _ sa�i`_i '_c�..v,.� — .� _
<br /> ...�.-w ..^ _... :. n..._ .,: „
<br /> n..w, �
<br /> .y. •
<br /> . .. .
<br /> _.
<br /> ^-0.--^--5:. �—".— L-. _ — _ _ —
<br /> ; - .C ..-. G ' ..l,� . G � _ N. `.a._ ` �!` '�"^-Y h <�t
<br /> �- � �, �}. '-.;.. �"�s � - t ��: _ , . � <4 i. .. t� .
<br /> •.ti�z,� .r � ' ' � .�� .r.r� -`e. .�r,, pr -,�= ... . _.
<br /> � F4 _��.� ' . " r . � f �� } F�r�1,.
<br /> � • TOGFTHB;VYliti eD tne impro+ranents aow or he�eafter ereded on tRe pmpe[y, em�a6 easemenis..epparien►ai►ees:aa�: — � ' -
<br /> f AD tacem�tb�rtd add�imts shaQ 8tso 6e c:overnd by this Se�un't!I Instrume�. s.. �.°
<br /> fnmues rtcinr or hereafter a part oi the propeRy. reP . . :°.
<br /> ° - M of the toregoing Fs�eferre+d to in tdts Sea�rity[nstn�merrt es the'Properiy.` � .., t �;� .
<br /> ;t.. �:_�,.,`. HOAR0INEF�CQVV�NNAMS 4hat Basruwer b(awiuRy seized of tt►e�te hereby r�nveyed end has the dght w grent aR6 ' °
<br /> - -,t`.�T .._-a:: � t�ommey U►e Ptoperty and that the ProR�t i9.unertetunbered. except tor eneum6rances of rewrd. Bamower wartatrts end w0 .,..- �.
<br /> 6 � �
<br /> :� ` �: ..' - � defend generaDY ffie tftie to the PropeRy agatnst all t�aim9 and denands.st�jed to et►y en�x¢nbtances uf reeord. . . ..:�':�
<br /> TMtS SgCUHFTV.INSTRUMEM combtnes unKorm cmtenants tor netionai use and non-ur►ifotm eorenants with UmKed � <. - � .
<br />'��`' 4 � varl�ions by juds�eunn to const►'wte a unitorm searRy tnswment coveifnng realOroA�Y• � • ..�
<br /> � � - UNIFOF�IA COVEIVWyT3 Bamower mtd lender aovenant end agree as toflaYrs: . , .
<br />_ ° `.��'."�°.� 'r . 1.Payr�nent�Princfpat and Ir�teros� P�epaypneQrt and l.ete Chargea eorrower aha➢pmmP�h►DgY��� �_ ,
<br /> due tho pdrtciyet of and tnterest on the debi evldeneed by the Note and enY PrepaymeM and fate charges due under the Noi� �'�. --
<br /> ,�-`. � 2.FQi4d8 fOT T8�t6fl 8tY(�Ifl�Ur8ZiC8.Su�Dlect!u aQPlfoable taw or to a wthteR walYer by Lertder.8ofruwer ahBU paY�i � .r • �._F;:�...` :
<br /> ' • , . �� . to I.ender nn the�y monthy PaYmerrt3►ec�due under,the Not�untU the Note I s p a i d I n t u U,a sum(`Funds')for. (e)YesAy� .` �
<br /> ���,•,...`-�-�••° te�ces end asseasments wd[eh may attaln pdor4ly over thts Seaatiy lnshum�t as a Uen on the RroPeRyr. {b)YeartY 1-asehoid , ,
<br /> , �.---%^'" x, if an . c 6a�rd or Properl�f Fnsurance premtums: Id)Ye�IY flood tnsur�mce� .`' �
<br /> --- _-=- paym�nis c►ground rents on the ProP�f►• Y' ()Y�Y �$p�te Borrawr�ta te�r�accasdance z --
<br /> � Fremlums.H any.(e)Y�N��9e insu�ance premiums.N any;end(t��ry b!I .
<br /> �' � w,�h the provistons of Dara�aPh 8,in Ueu of the paymert ot mertgags insurance premTums. These ttems are called'Escrow� �. .. � .�
<br /> `. ,V . . Items.• Lender maY.at enY titne.cofted and hotd Fnnds in an amaurd not to �ccead the ma�dmum emourn a teriQer far a `"� u
<br /> 4ederanY�etated mortgage•►oan may�equire for Banewer's esaow nccaurrt under the federal Real Estats Setliemert Procedures �.F:
<br /> a1t
<br /> _e .•.�' Aet of 1874 es amended 8om time to tbne,t2 U.9.C.�2601 et seq. ('RESFA'!� uniess another Iaw that eDPGes ta the Funds ; � ,�. �r
<br /> � sets a tesser emount. H so�Lenda may,ei er►y time.co4ec4 artd hold Funds in en amoimt not to exceed the lesser emount ... :_ ;;:-
<br /> �. } '� __ Lender may►estirtiate'the emou�rt of Funds dae on the 6asis of cur�ent data and ceasonsble esdmates of expenditures oi tuture .: , '�.,'r^`
<br /> Esaaw(tems w othetWfso tn eeeordanee w(th appQeabfe taw. � .:
<br /> The Funds shali be heid tn en tnstihiUon wAose deposifs sre 6►sured by s federa!egency.(nsVumentafily�or ent�y Mdudfig
<br /> Lender, it LenEet is sach an tnst�ltGion)ar tn eny Fedaal Home Loan Bank Lender shs0 aPP�lI the Funds to pay the Esgow ,� r�,;__-
<br /> t�arts.lender may nat charge Bortower tor holcIIng end.apptying the Wnds,annualry�ayrdr►9 the escrow sec°ur�t.or verifying �
<br /> � the Esc,row ttans. unlass Latde►pays 8ortower irtterest on the Funds and appticabts taw pertnits L.ertde� to mai�snch e .v�-;:
<br /> � ` "�.' •'.• :^� ct�arge. Howev�. Lender may Bqufre Borrower to p�y g one�ime charge tor an indeRende�real estate�x�aNng sefviee :<_;;,?
<br /> - "`, �;"� ° used by l.ender in oonnection witA this toan, untess app�ca6le taw provides atherwise. Uniess en a�eement Es made or
<br /> ` � ayD6cabte taw tequhes Nterest to be pafd.Lender shail aot 5e tequhed to pay Bamower any ir�est or•eamtngs on tAe Fuaids. �`
<br /> � Borrower artd Lertder tnay a�ee in wrtttng. however,thai infetest st�aQ Ao paid on the Funds. L.ertd�shaQ ghre to Borrower�
<br /> - �. �,"'�-. =`. : wdhaut chaige,� annuat aecoundrtg o#the Fun d s. s h o w i ng rre d R s e n d d e 6 d s t o t h a F u n d s a n d t h a p u r pose tor whicb eacA ",;"�'-�s.:°
<br /> � '.� "s�°� . d�h W�the Funds was made. The FunQs are pledged as addlttonaF secur(ty tor ell sums secured 6y thaS�/(nstrumerR , , � _
<br /> • :"� . N the Eunds hetd Ey Lender exceed tAe emourtts pertn3tted to be i�etd by appticabte law.Lender sfiail account to Borrower . ,�_.'-
<br /> � � for the excess Funds in accordanw w�1h tha�ecNiremer�ts of appU c a b i e t a w.If the art[ouM of the Funds hetd by Lender at any. :_:�,_
<br /> . :. � Ume is not suflicter►t to pay the EsQaw Items when due,L�tder may so notKy Borrower M w�ing.and.in suct�casQ Borrawa . . ��'�
<br /> • �� .`'• sha0 pay to tender the amous[t ne�s�ry►to make up the de5cfency. Borrower stiaU make up the deftdency in no moce than __
<br />- . �' :-";.� twetve mmnhry Payme�s,at tend�s so�e disaeUon. ------ —
<br /> • - � � Upon paymcMt in tuII of aD sums secured by this'SecuAty Irtstrumem, Lender shaN promptPy refund to Borrower any Funds
<br /> . , � hetd by LendeJ If.under para�aDh 24,L.etider shaD aequire or sell the Property. Lender,pder to the acquis�ton or sate ot the `
<br /> . �;. ptoDe►ty.shaU apAty erry Fund3 heid by Lender st the t(me of acquisfUon or sete ss a ere�t again�st the sums sewrcd by thls ����
<br /> 3eanity Instrument. c---.—_
<br /> .' . 3. Apptieation o� P�ymenffi. uni�s appIIrahte Iaw provides o'therw(se. a0 PaYmc�'s recetved by Lender undet �.r r""_--- —
<br /> ., � ; , para�aphs 1 and 2 sha0 be applied: ftrst,to any prepaymerrt charges dus under the Ntote;seaond,to amourtA paya6le under �;��_
<br /> , , paragraph 2;Uilyd,ta 6rterest due;tourtl►.W pdncfpsi due:end fast,to any tate charges due undw the Note. _
<br /> 4. CQlarge8: Uen9. Bortower shafl pay aU taxes. assessmertts. charges. ftnes aed imposit3ons �iIIabte w tAe ,s =--
<br /> Property whicti may attaL►PAeritY over this Securfry(nstrument,end teasehotd payme.nts or�ound rents,�7 eart/• 8orrower sAaD � _
<br /> � pay these atiQgatlons tn the manner provtded tn paragrapfi 2 or if not paid in that ma�ner.Bo�rawer shaD pay 4hem on time . �._�,-_�.__
<br /> � dr�tty to the p�son owed payment. Bonower shaD prompty tum(sb to �ender a0 notices of amounts to ba paid under thls � �
<br /> ' , . • • peragraph. H Borrower makes these paymertts directl5►. Bortower shall promptry iumisb to Le�der rece(pts evidendng the �. __---
<br /> . _ P8YlnERlt9• � .f� _,�,�:'_
<br /> Borrower shal! pmmpUy discharSe anY�te�►wh�ch has pdority over this Security Instcumen4 unless 8orrower. (a)agrees in n�s , _
<br /> wrlting to the paymertt of the obDgatian secured by the Iten In a mannet scceptable to Lende►: (b)contests fn gooQ taitt►the ��, �_
<br /> � • � Gen by. or defends agafnst enforcement of the den in, legal procee�rtgs which in the lender's opinton operala to prevent the l;y;.,,,,�,-.1 _
<br /> ` t'��•-'� enforc�ent ot the tien;or(c) seaues Trom the hotder of ths Uen en agreement sattstactory to Lender subordinaUng the Iten to ._ ___
<br /> �. . � , .. . this Secudty InaVUment.It Lender detertnines that any part of the Properry is subfect to e iten whlch.may attaln pdoriry aver this • ,3'�"*-'� '
<br /> ; •.�.•�,.-. _
<br /> , ' •� Security Instrumen� I.Ra�der may give Borrower a r.atice lde�g the lien.Borrower sha0 satisiy tha Qen or take otre or more of , ,��„� ___
<br /> + the actlons set toRfi�ave with►n t0 days o1 the gti�g of no�ce. . '""� -- .-
<br /> - S. 1�8z8rd o�Property Insuranee.Borrower shall keep the impmvemerts now exlstfng or Aec�aRer erected on the �
<br /> � property insured agalnst loss [1y fir� hamrds Inc(uded witfiin the term °extended coverage' m�d arry other hazar�,(nctudtng •� � _.
<br /> tloods or ftood(ng,for which Lend�r requUes Insurance. This insueance she0 be maTnffiined in the amoimts an0 for the perioQs : h���,..z
<br /> � that Lertder requbes. The insuranca ceitier providing the insurance sheU be choser�by Borrawer subject to Lenders approvai �.,, +�r}�'s'.
<br /> � � whtch shail not ba unreasonably wfthhetd. Ii Botrower taiis to malntatn wverage described above,.Lender mf►y. et Lertder's •-••i='�'-•-�_
<br /> {, . � • • opUon.obtair►cov��to protect LenQer's dgMs in the PropeRy in accordance with peragraph.7. _ �-. —
<br /> - .•i. :." • • M insurence F�9cles end renewats shall be acceptable to Lender end sha0 inefude a stendard mcRgage dause. Lender � "�}
<br /> � � sha0 have the dght to hotd the po(icies end renewals. 8 Lertder requUes.Borrower shall promptty give to Lender aU receipts of . • "� =.
<br /> .:�•r.,,.�, .
<br /> • ± • � � . paid premiums and renewal noUces. in the event of Ioss,Bortower shail give prompt noVice to the Inaurance carrier end lend¢r. �:-,�••,.
<br /> ' .� � . Lender may make proot o1 loss H not made promptty by Borrow� , .
<br /> ,�„ ' � Unter,s Lender and Borrower othervutse agree(n miUng.(nsura;.ce proceeds shali be app6ed to restoratlon or repair o1 the . •
<br /> � � Properry damaged H the restoraUon or repair is econoMcaly feasible end Lender's secuAry Is not lessened.t1 the reatoraUon or. .
<br /> � repah is nW econmNcaly teas�7ote or LendePs securfty would be lessene�the Insurence proceeds sha11 be a�pited to the suma -
<br /> � � �-� , secured by thls Secu►ity instr�csr.en� whether or not then due, wlth any excess patd to Borrower. It 8ormwer ebendons the --��.-�-.,...�:.
<br /> • Properly, or daes not artswer v�f:hin 30 days a notice trom Lender that the insurance cetrler has oflered to settte e ctatm,then y' � .
<br /> � , � . Lender may colleet the Insuranca praceeds. Lend2r may use the proceeds to �epair er restore the Properiy or tn pay sumg .. , �
<br /> • � . • secured 6y this Securiry InstrumeM,whether or not then due. The 30�day pedod will begin when the notice(s given. ,
<br /> �� Untess Lender end Bonower.otherwise agree in w►iting, arry appficatlon of proceeds to pdnc�al shall rtat extend or . .., .
<br />-- � � � postpone the dae date ot the monthy payments reterted to In paragraphs 1 end 2 or ahange the amount of the payments.8
<br /> • , � under paragraph 21 the Property Is acquired by Lender. Bortower's right to any insurance pol}cies anA proceeds resulUng trom ,
<br /> . � damage to ihe Property pdor to the acqulsiUon shall pass to Lender to the extent o1 the sums by this Security Instrument � ��r��
<br /> . immeQ.�i�Sy pdor to the acqufisNon. . �
<br /> � � � � 6. Occupartey, P�eservation, Matntenance aed Pro4ecUan of ths P�aperty; 8orrower's Loam .
<br /> ' � � AppUcation; Le858h0ld8.Borrower shall occupy,estabtish, end use ihe PropeRy as Bortow¢r's principal residence within : ,
<br /> � � � . sbcty Qays efter the execuUon ol thfs Sec��dty InsVUment end shall conUnue to occupy the Property as BoROwer's pdnGpal •
<br />' � � residenee tor at least ona year after the date of occupancy.unless Lender otherwise agrees In wdUng,whlcfi conse�rt shall not . _
<br /> ' be unreasonabty withhetd,or uniess extenuaUng eirwmstances exist whieh ate beyond BorrawePs control. BaROwer shall not ,
<br /> desVoy. damage or Impair the Properly.allow the Properly to deteriorate, or commit waste on the Property. Borrower shall 6e in . • � .
<br /> � . default i1 eny torteiture acUon or proceeding, whether cbnl or crim?nat. is begun that In lender's goad faith judgment couta�esutl .� . .
<br /> '"` in torfeiture ot the Property or otherwise matedafly impaU the lien created by lhis Secudty Instrument or LendeYs secuAry interest : : ,
<br /> :� • , . " .
<br /> � � �� P,p,.z of s c7 f G / �.�
<br /> . . ` F,a,e.uao f�Hn •
<br /> �_ �i : • � 9�2t4 . � , .
<br /> � —
<br /> ��-,..�. �----w�+ . . , . . . . - . - . . .
<br /> , ... .
<br /> , .
<br /> _. . � , .. ..... . .. . .. . . ., �,.•._` ..• .'___ . .. _ ..-- - -- --. __ .. .... i , , i
<br /> _ .� � \a
<br /> . . , .. "
<br /> .
<br /> . . •. •
<br /> , . .,
<br /> ., � . ..•• "s • r.
<br />
|