|
_ ?:;:... f� ::-��;w�:��'. -T.{.: :� . .
<br /> i � —T� ` _-s� ` -
<br /> � ,
<br /> � ! .� �.�4�^� ``` - . Y —'c-s }-' c — -; .
<br /> � r� .tc - . . ' �r . � -� �� � c. , l£_� `- ;�- d `� � 4
<br /> �.r a. �..�gv . � ;-l�`-... h� � . ,F .+ - .; - _4 _ <. , • �t.. 4 _�..-- c' f : f- � - nr: �` ��<
<br /> �E -. '- �t- � "Q �o. .- 1 -. 6 � t-- <.. ' .;``Y �, c.. :Y....._.._�.�._�1_�.-r'._"-'--''--'--'...c,.��t t �� o�,:- '�-_ c 4
<br /> �'' � r' t-c `r � ��` c•,';�..:�'�_ '`^-__+_._,.,,_.. s,_s.............._.�.�v. __ �4�. , ,�-
<br /> a ^�
<br /> � -�
<br /> �c .�
<br /> s _ '� � `:. ` ' TOfiETMER WftH aU the onprovements now or hereafter erected on the O�Pe�h. and all eas�ne�s. ePPurtenances.an0 .'
<br /> --; �,�; _-` PotWtes rtOw Or hereBRer a pert o4 the ptOpERy.AO rep(atemenis 8nd 8dd�tons sh8fl 81SO be Covered by this SeCUtdyt IrtSWmenL ,.yf �F: `�...
<br />-_:xc.-n'�.r'- =F'4.i All O}1h8 tOB$0��S t�8R8d LO�f1 f1f�3�8q1f�Y l�fU1I1Bi1L 9S 1�19�fOpBf�/ � ._ ._c.�...
<br />�.,, . r.. . F-:
<br />-=�'• ' ' . � . '" s BOl�tOW�I COYENANTS thst 8ortowe► is 18wfuUy Selmd of the 6sffite her6by com6yed end h85 the rigl►t to g�ent and � .,,,�'�f:.�;.
<br />,.0 i�.'. .. � a. .
<br /> -- �::�°:,�,�"� � Cortvey the Propstty 8nd tltat the PropBRy is un�tumbeted. except tot endirttbtBnCes of teCOrd. Bortowet wan8n15 8nd wi0 � ._���
<br /> ','",..,.�`:'` ; .4 � ,:•I defend generaBy tl►e 4dte W the Propmtf►agab�st aD clatrns and dsmands�subjeet to arty encumEranees of�ecord. � , � �: ,;
<br /> - - ` , � THIS SECUFlITY lNSTRUMEIVT cambines unHom► covenants tar nsGOnal use and nonunCortn cav�a�rts w3h lbnLed � , •�
<br /> _:�;•�.� �:- : . :.��� � • variatbns by jurisdiaton to const�erte a unUarm seeu►�Y instrument covering real ProD e n Y- � . . ,
<br /> • � � - .�c UNiFOWVI COYENANTS. 8ortowar Bnd Lender Cavenant end 8gree es toQOws: - 4
<br /> �_; ` 1- Payment of Prlrtaipa!and lnterest; PrepaymeeY artd L�te Ch�ges.eorrower Shall DmmDthl PaY�� � " � ��
<br /> �.N,, ���``-:.. :� due the p�inctpal ot and trim�est on trte debt evtdenead by the Mnte artd anY ArePaY�and Fate charg�due under ffie Nom. � ;:,, •_ . �.
<br /> ''�� 2. Funds tor Taxes and insurance.SubjeCt to appGC8b09 law or to a wrdten waivsr bY��,BomaNrer snau par Aa `�'.`.
<br /> S'--- ' -.–�.r.:� �. �, a ,� .
<br /> to landar on tha daY monthty paY��e due under the Note.nnt8 tt+e Note�pahf in tn1R a suen t'Funds'�tor: (s)Y�dY ♦- � . --_}--
<br /> a ., .'4 �: tm�es and sssessmer+is which may atfsb► PrionTY over th's Sscurhy InsWment as e �en on the ProPenY� N) Y�Y �easeho:d -
<br /> .�'�' --`�,;.�.-:'°�'?�. : • pgymeMS or gtound rents on the Property, a enY. (�)Y�M harard ar property inst+�ce Premiums: (�Yearry ftood insurance `� -`< <_ -i..'�
<br /> $<i •;�-: ,°i�` prem6uns.a at►Y:(e)Ye�Y mortgage insuranee PremTums,�any;and (fl anY sums payabte bY Borrower to Lender in eccordanee �' , � ':
<br /> ;�`� - ` ���� � � � w3h tha provisions at paragaph 8. in Geu of the paymert ot mortgage insurance pr�ntums. Thes9 dems arB caRed 'Escrow �-.: ..`'�.. .
<br /> � ' t. Items.' L�der may. at eny t6ne.co((flet ertd hotd Funds in an amouni not to exceed the ma�dmum amount a (�nder for a ��," �
<br />- �j�''� - � federally retated mortgage Wan may requfte tor Bortowers esaow account undsr the federei Reai Esffite Settlerner+i Procedures ' , � r` �
<br /> � �- � • � Act ol 1974 8S amendad�rom time to tbn&12 US.C.�260/ et seq. ('F�SPA'� uniess another law t�at appGes to the Funds -=
<br /> � ssis a �et amaunt. M so. Lender may.at any tfine.couect and hotd Funds a�an amount not to e�eed the Issser amour�t. .� �°:j�:;:•:,�.�•;`
<br /> J �'t �.. _;� LBnder may estbnafe the amount of Ponds due on the Easis af curtant data and reasanable estimates ot mcp�td3ures of future �. -.
<br /> ' t Escrow ILems or otherwise in eccortfance whh aPPf�caIIte 18w. . �s =4'u
<br /> :� � The Funds sfiafl be hetd�en�stitutlon wha'e d�osrts e[e msured by a fedet8l B9��Y.m��1�Y.or ert�y(1acwdm9 �" y'
<br /> -, �: _ - { Lender.if Lendm ts such an insi�ution)or fn ar►y Federal Home Loan Bank. Lender shaU eAPN the Fuads to pay ihe Escrow ��:`��, �F„^,-
<br /> � -� � ftems.Lender may not charge Borrower tor hold'aig and appy�g the Funds,annualy anarysbsg the escrow accaunt,or veritying �`�'
<br /> '- � . L':�� ��: the Eserow items. unless L�der p8ys Barrow� in0erest on the Funds and app�eebta taw perm�s Lender W make such a - ,
<br /> � �; ehar99. However.I.�der may reQuUe Borrower to pay a one�Urtse ahaBe tor an independent r�l estate fe�c�eAortlng servlee
<br /> : �_. _ , .:
<br />` ���x ; u used by L�der tn connection wdh this tosn. unfess apD��►a taw provides otherwisa Unf�s an 8�ertt Is maQe or � �v;2
<br />----��:.'�i ��, . - �'.� appGCable taw requbes in�t to be petd.LenQet shaU not be re�tred Ls pay Bottower any intBrast ot eemings on the Funtls. ' ` ;::
<br /> -;.=�.�; . , s 8o�rower anA Lendat may 8gre9 � wriMg, howevet� that b►terest sAaII he p81d on the funds. lend@t shsii give W Borrowm. . �;.� i+
<br /> ,.: �=_.- •`" �- w7hout charge,en annuet aecour�r+g of the Furtds.showing credds end debda to the Funds an0 the D�Pose tar whiCh e3cA `�:;�
<br /> , �;�_LL:
<br /> . � debft to the Wntls was ma�. The Funds ere pledgsd es add�ional secunly tor e1t sums secucad by the S�uttY insbumenf. -__
<br /> � "� �' il thA iunds held by Lend�BxC�d!he 9muunts pertniaetl to Oe�8[d by appOC8b1�law.L9nd�r Shell aeeount to Bortowe► T
<br /> � t r for the e�sess Wnds in aeeordance witt�ths re4ufrements ot appGeabb law.If tRe emount ot the Funds hetd by Lend9►at enY < .;
<br /> ��c � . . � t�e s not suffitient to pay the�ow Itetns when due. LenQer may so notdy 8orro�rer h w�3inp.8e�0.in et+etl C85e Sortower �
<br /> ;?F�� • sha0 pay W Lender the emaunt nece�sary to make up the�ficiency. Bortow�S►tetl make up Me deflCiertey in no mere than N
<br /> .�_� . � '�Y ' Y
<br /> ��.e�;;,: : ... twake mantt�iy payments.et Lend�s so�a d6creUon. ,. . ��,4�
<br /> `�` � � Upan payment In tuu of a�sums secured by this SecurRy tnsvumer►t.L.ender snaU Oromptiy refr�M to Bo�rowm enY Wnd3 : =` , `
<br /> •. ;,. . �` ,.:- �-
<br /> � hetd by LsnQet- if und�pare�apA 21.Lender shaU 8cqure or seD the Properry.Lertder.Ortor to the eCquisFtlan or sate ot ihe :`L � '. ��.
<br /> � ,` �P�Y.sha0 ePPh eny Funds hetd by Lender at the tim9 at aequisRbn or sa�e as a credif a�Ersst the sums secured by thts +�
<br /> ���'<. � : . - S2CUtdyr InSLrUment
<br /> ��!F . . 3. Appticatian of Paymenta Unlass aDPlicebl9 law OrOVides othervdse. all DBYme�ts tBCeMed GY Lender und9r • ,�• ' `�`:�;
<br /> , � 7�_:
<br /> -�"'"4` -� � _,:;+ paragr8phs 1 8nd 2 sh811 tre eppQea fan.W enY D�DByment ch due unEer tAe Nota; secona.to amounts payabfe under �<�;r`'
<br /> ' �`•. ..;� paregtapA�thArd.to 6Kerast du�fouKb,to Pr(netpal du�end t9st. enM Y�ate charges due under Me Nota. :�� ��;. `
<br /> �,: • . .I 4. Ch8►$e8: LtPfiB. Bartawer sha0 pay ell taxes. assessments. charges, fines and ir�osRions atmbulsb� to the :�r
<br /> . i ,�, .. ' ,. . : ?-
<br /> ��f Property whtch may at�in pr�rtY over this Security fnstrument.and IeaseAOtd payments or grourtd r�ts.d any. Borrawer shaA ::'i:,.;
<br /> � t:_��.= . , •� pay these obGgBtions in the manner prov(ded fn para9ra0h 2,ar d �ot paid m that manner, Borrower sfia0 pay thetn on t6ne �
<br /> t°•.:; . . directtyr to the person owed paymen� Bonower sha0 prompthl ium�sh to Lender aD rtotices of amaunts tp De pald urtder tAis
<br /> "-':�; � ' ., patagtsph. If BOrroxrer makes these peyments d�8ctty. Bortower sRe11 promptry fumish to Lender receiDts evldenetng the . -
<br /> �� . ' . • paytnenls, �. '
<br />�� . Bortower shau prompttyr dischargs any lien whicb Aas Priarity over thts Secur�ly tnsUUment unfess Borro+xer: (a?&grees m .: �
<br /> •,•�.-`; . � w�itaig to the payment af the o06gation secured by the Gen in a manner acceDtebfe to LenCer. (b1 contasts in gaod taith the � • `� ;rt-:
<br /> •: t��.�' ' . . qen by, or detends against entoreement of the Gen in. tsgal proceed�gs wh�h in the Lenders opo�ron opetate to prevent Me
<br /> :�,-�� � enlo�t of the�ier►:Gr(C)secwes hOm the hoWer of ttts Pien 8n e�eement sati5f8eto�Y to Lender subo►dtn8t�n9 11�9 f�n to _ .
<br /> _.:��.•. .
<br /> _._,•.:: � , this SecuritY Insbument Ii Lendor determmes that any paA ot the Property 6 subl�to a Qen whictr may tlitaEn Otiordyl ove►Mis ; :",. ::.. ::
<br /> ,r;:.:� � . Secur(ty 1nsUument,Lender may 9�ve Borrower e notke lQentifying the�ien.Bortawer ShaD SaUsty the Gen or take orte 0�more ot ,
<br /> ..;�}���';. ' the 8etions set tarttf abwe wAh(n t0 d8ys of the givin9 Of notiCe. � •
<br /> . z :• . ' ' S. Me=8id or Property lnsurgrtce.BOrtower sA80 keep the�nprOVem�te now�LSting o�heteefter eteCted on M8 �_�.�-^-
<br /> ',�,�,:�,,:.'� Pp�ropeRy inps�ut1Fld egahtst foss by fQe. he�rQS fic4�Qetl wiGtin the term '�ctendea CovetB$9'end erty Othet heretds. trtelud�g
<br /> Y1.i`:. . • . IWO�O���IIOY�.for wtuch lender re4uEces msurance. Thls Insurartce sha0 be mainsained in the amounts and tar tAe p�lads .. -
<br /> .i i?-•'.. • . - . .
<br /> '- `�i � tnat LenIIer requ�es. '�►�e o�suranee eartiet provtd'mg the nsuranCe shsll be chpsen by Bortowet subject t0 LendBrs 8pprov8l �
<br /> �. +' wNbh sheil not be unreasonaDry withhetd. it Bonower t8ib to mafitain caverag9 deser�bad above. Lender may. at Lende/s
<br /> ,,�'�r .' . optlon,obtsin eover8ge t0 proteet Lenders r�glits u�the PrOpeRy in 8eto►denee wifh peregteph 7• �. '.
<br /> '� � • • A l l i n s u r a n C e p o f c i e s a n d r e n e w 8►s sh ail O e acce ptaD� to Lender and shalt a�Clude e standard mortgage ci3u59. Lender �'" _ `'
<br /> • .;� ": :
<br /> ,r�..s- . . . .
<br /> :�,�.•,.,`', �. � l Shatt hava tne rigtn to hOtd the po�icies and renewals. If Lender requires.Bonower shali promptry give to lender aU reeetp� 01
<br /> s,:.�,• • paid p�em5rms•end renewal notiees. tn the event of toss.Bartower shatl give prompt rtotxe to 1►ie�surence Ca1►fer end Lender. .. _
<br /> �..�,t, , . - LenQgr may make proot o1 toss if not made prompLy Dy Banower. ',
<br /> � �..'�. . • Un(ess LBnder and 8onowei othenvise agree in wrRing. insurance proceeds snall Oe eppuetl to �estoratton or repav ot Me j'��.
<br /> . • � � . { Propa+ty damaSed,i1 the restoratlon or repaQ is economfcaUy teasbto and Lendefs seeurity is not Iessened. If the rgstoradon o► :
<br /> � . repBQ is not eCflnomlea(ry feasbl9 or Lenders 5¢curity woutd be Iessened,the�surenee proceeds sha11 be apDt�tl to the sums
<br /> � seCUred Dy thls SeCUriry InStrumanl, whether ar not then du9. with eny excess pa;d t0 BOnower. I} Bortower BDanUOns the . � „
<br /> ..4,.�-_ : .. '� PrOp9Ky. or Qo95 not answet wAhin 30 day5 a rtotfCe ham Lertdet tAat the msurane9 eartier haS O�e�ed to Settta e etaim.tne� ' •
<br /> Lender may coit�t the e►suranca praceeds. Lender may use tha proceeds to repahr or restore the Property or to pay sums
<br /> ';�:���: � ; 58Cured by thi9 SeCUnty��Stfumertt,whetAet or not then du8. The 3Pday Oennd wiil Et�gin whpn the nOtice�s gnre�• • .
<br /> ;.:: . � � � Untess Lender anA Borrower otherw6e agrse m writv�g. any avD��aon of Droceeds to pnnc�al snall not �ctend or ��
<br /> .f�' :'� . . postpOne the due Qata of Me monthiy payments refane0 to n parsgraph9 � and 2 0�eheng9 thg em�unt ot the paym;mts. �1 ,
<br /> , under paragrapn 2t tne Vroparty is acquired by Lender. 8orroWer's rgni to any s+surance pot;cies and procseds resuftmg hom �� :.
<br /> {F,•:�•.. d3m3ge to the Property prior to the acpu�sdion Shail paSS to Lerttler to the �ctent o� the surrr, Dy th�3 Sgcuaty mstrument •
<br /> :i:• ' • � immed'ate�/pnor to the BCqu�sRiOn. -
<br /> � ,� ' �� � 8. Oceupancy. PreservaUon, Maintenance and Protect�on of the Property: Borrower's Loan
<br /> �,�;.'. L� ; AppI1C8UOn; Leaseholda aoRO�He. s��a�i oecupy. estabG;n, and use t�e Prooarty es Bortower's prme�pa��esutertce wrthm
<br /> � � saty days eftar tne execut�on ot tn�s Securrty inSVUment and 5hd�� tontNUe to oeeuDy tne R�oCeRy es 8o„owers p��c�pal
<br /> ,�4: �?, • . � •
<br /> - res�d9rtce for at te3st one yaa� a}ter the dato o} oCCU�3nCy. unless I.ender othertv�se agrsos m �Krd�+g, wncn eo�sent sha�� not _ _
<br /> - be unreaso�aby withhe'd. or unte55 extenu�Gag CQCUmS•�nce5 eM�st wnch are Oayond 8orrowers conao�. Bonower sna�t not
<br /> desboy. darrage or unpeR the Property. ailow Me P�Op9rtY to detenorete. o�cOmmrt waste an th9 PrOp9Ry. BOnOV�Bt Sh311 pA el ; • ... .
<br /> � , � � d8fdun �flny foAeRure dCt�on ot proceed:ng. wnet�er CNd or crmna�. �s be9un tnat m Lenders good Na4h �udgment Cou'd resuY 4 .
<br /> ;'_`:
<br /> n �Ott9Rure o�th8 P�OD9rty O�otr.erNse matera�•r z^ear tna �:eR c�sated Dv 2n'S Security �nshumenf 0�Le�det5 Secur;ry u�terest , •
<br /> ._� ' r•. .vi: -�a,, ;,,, . . . +"��.'�^�-�!��-��y� �-��T` ,.---_ -
<br /> /
<br /> _ 1 ,
<br /> �.s !
<br /> i '.
<br /> '�'r . ..
<br /> (� :� ' . , .1.. • ., ., �. ' . _.
<br /> '.'t_l • . , . ...�.. l:. . . r [�`s_ . � .. . . . . .. .. . .. � _�_ .. t<_ ... � . . _ ... .. �.l t . . . . '.t'.� � ... _ . .. � ._ _
<br />
|