|
.... s .- - .� -�'ti_= --. :—",`-'---�-'-�.v;•"t°L"'-�
<br /> ��, <_ . � - -� __i r-*�.z--�--r-
<br /> -� ��,:.r. --- . — � . t c � �`_ _ _ ' < _ _ ,_-c,.. F '�'.",,_.s - -
<br /> � ^ }�"'� _t - `� �Y c [ c 4 �lt � u�. � } 'r"'.� 5 �f_ t Y� :c�i�v� + ic°S s.tf' � . `�, :
<br /> > `
<br /> � 5 c < t - f) -f .. 4 . -.'\ . 4`� i-.
<br /> '� � S'' Y. C �L. . . ( � * � . . e? 3 C �f E �( -<y� �r�.
<br /> �.-� . _.. 4 1.�.. <.�„ - . �S _ - . . �< 4-cC . '; . �• � .�....t,!°:-,.:�� t — �Ci�fi . � t� . zz
<br /> t _
<br /> '<. y �a„' i Y.; 4 C4 a l�� �' .ii�f d c' � c ..i . '� y .i rc .c r � - v--r . r.j 4 ��, u. :. '�:Z -l. � _t�'?t+ _
<br /> _.��� a. T,:'. lc� <c.F' --".c :..SE"..i`�.:; .� .i ..r<- r-�.' ��.., .^ - � ,o
<br /> Y f. �K: .� 'S. t. �^—
<br /> •t ..i .y �{ 1� f.
<br /> •�4 �� , LY . •'L
<br /> __ 'GL 'l: t.` �
<br /> �1� ` - � 'FOGEfI�R WITH all the i�rovemeius aow or hereafter emcted on the Pr�ertl+.and all easements.appurtP�an•�,and �'<°S ` �.�..�
<br /> �� `� fixtur�s now or he�eafter a art of the m Ail laaemeats and attditions sAall also tse oovered this � -
<br /> <�. . ..:z` P P P�Y• reP hY S�uti}' �.. _�� --.,
<br />— ;.fi. ° ,. ° . ``.<� lnsuume:.�.All of the foregoing is refermd co in this Se�vrity Insuumwt as the'Propert�,., ..�,;<�r.:
<br /> =`�; � - '4 :•, ` � BORROYNER COVENMITS tAaz Bormwer is lawfully seised of We estate hereby comreyed agd has the right to grant and � -°�,`, '��•=�•-'
<br /> - , �'.: �. ._ ,
<br /> . °a�,� �:�. convey t�e Property and that the Froperty is uaeuc�ttnbered. euePt for encumbrances of record. Bonower wartants and ar�l � ` ,`g=:
<br /> . .:__ k � defend genetally the title to the Praperty against at!ctaims and demands,snbject to any encumbraaces of record. � � �� .
<br /> u,,� � � T. . ¢,.: �, THIS SECURITY MSTRUMENT oombinas nniform oovenaas for aational use and non-uniform covenants wiW Iimited � -s , .:..:_.`:
<br /> h H . . '�^
<br /> G variations b y jurisdicaon to consdnice a uniform sec�uity ins�uvment coveriag real property. � , u
<br /> •a
<br /> _ . . UNI�ORM CO�E2VANTS.Boirower and Lender coveuant and agree as foltoars: � �`' f 4-- :
<br /> � .�_ 1. Paymeat of Prtndpal and Ynteresl; FrepaYment and Late C6arges. Borrawer shall prompdy pay when due the - •;
<br /> ,�s:.s , ,�. �.wr'=` (� , �,�.� �.
<br /> � � i---�'�"�� principal of and intetest on the debt evidenced by the Note aad anY P�Y�t and laze charges due under the Note.
<br /> ' <'�?,,�. °'� Z.Fimds for Tcixes sind Iasmance.Subject to appGcabte law or to a written waiver by L.ender, Borrower shall pay to '� `14 �-;°<�
<br /> n
<br />-`�.r ' �.- ;:=:` . � Lender an the day monthly paymeau aze due under the 1�Iote,until t3ie Nate is gaid ia full.a sum("Funds')for.(a)yeariy taxes - -
<br /> . � ` � aud a�ssments which may attain priority over this Security fnsu�rrnent as a lien on the Prop�ty;(b)yearty tea�ekold payments ; _
<br /> � `� _ �
<br /> �1� or ground rents on We Proper[y.if aay;tc)YeazlY ha�rd or P�"P�Y insurance premiams:(d)yearly flaod inseuanne premiums. �__.,,
<br /> ; . - if any;(e)yeartY mnrigage ins�-"a"�premiums.if an}+; and(fl�Y�P�ie by Bnmower to I�nder.in acoor�danoe with :` �,
<br /> �. � � :; - '`��`: the provisions of paragraph 8,in lieu of the payment of mortgage insaraace preuuums.T[iese items are ralled'Fscrow Items.' �; �i�.<:•;:,
<br /> s . 'c t •
<br /> �•�, ;.'_ Lender may. at azry rime, coAecx and hold Funds in an amount aoc to exceed the n+a=;+�,m amount a lead�r for a federalty ` , `."
<br /> .� x. ` `; relmed mort e loan may require for Borrower s escrow accawu under the federal Real Estate S�llemeat Pmoediues Act of : '.`�:°
<br /> ��*•� r - .. �i t974 as ameaded fmm tims to tune, 12 U.S.C.Section 260I et seq.("RFSP�►'),unless aaother taw that appiies w thc Fttnds �'�-'"'
<br /> ,� -
<br /> '�^: .- . � , sets a tesser amouut. If so.l.eader may,ut aay time,collect and hold Fmids in aa amount aot to exoeed the lesser amo�t. - .-
<br /> 'r' �`'.:_' ' A�� Leader may est�mate the amount of Funds dne on the basis af aurcnt dara and rea�onable estimates of expeuditu�cs of futate ��N =-
<br />�`` .;� . , �.���` Fscraw Items oc othenvise in aocordaIICe weth applicable law. ` 'a't::;="r:
<br /> •_.:�:�.�:� .. , . ��. ,. , ir.:
<br /> '- ,_� ;-::�-;� 7he Funds sha�l be �etd in an iauituaon whose deposit��re insu� isy a federai ageaay. insuuuteatatiry, or entiry �.-«-;:�:<•-�-
<br /> re age�
<br />�'�;.. . . -,
<br /> � ` x •• (including Lender.if Lender is sach an ins�iNuon)or in auy Fedecal Home Loan Bank.lendet shaU apply the Funds to pay We ='-'=:-,s
<br />-� �::.� '., s
<br /> �._;
<br /> Fsc[aw items.i.ender may not charge Boaower for hotding and aPPh�B[he Fnnds.mmuuallY�Y�S tiie escroer accoant.or :�:�r� .�.::
<br /> �,� �..�_�' ; . � �>.�;` verifymg tfle Fscrow ltems.unless I.ender pays Borrower interest on the Funds and applicable law petmits l.ender to makc sw�h ;'f�:,:�;`' ` �-
<br /> , f �_ �. . . a c6azge. However.l.ender may require Borrower ta pay a one-ttsne charge for an iudcpeasteat teal estate taa reporting sesvice ,: _•
<br /> �'� .��- � ' . :, used by Lender in connection w+ith t6'ss loan. unless applicable iaw prov�des othemise. Unless aa agteemeat is made or �'. < _ -.
<br /> + ' .� . � : applicable law requires interest io be paid.Leader shall not be requiied to pay Borrower any iuteaest or eamings on t�e F�mds. �
<br /> ' ' .._. Borrower aad leuder may agtce in writing, however,that interest shaU be paid on dte Fnnds.l�udcr sLall give to Bonower, . �' -
<br /> :r'� -�., •' withaut ciiarge, an annva! accowning of the F�mds,showipg credits aad debiu to tice Funds and the peupose fos wbich each ':�:.�s�;--
<br />��^;. '<s_ • - «- �•. ,.�:; deDit to tt�e Funds was made.Ti�e Funds a:e pledged as additiona)seauiry for al}sams sectued bY this Seciuiry Instrament. -
<br />- � . ".�'
<br /> � '.' ' !f t�e Funds hetd by I.ender exce�ed the amounts perwitted to be held by appGeab2e law.Ituder shall aconunt w Barrawer -'. >
<br /> :"�."�.. . , for the exce�s Funds in accordance wnh[tie requiiements of applicabte law.If tP�e amount of the Funds heLd by leader at any :._ .r,�_-^'='"��
<br /> ��.'• • � .� � time is noi sufficieut w pay tde Escmw Bems when due.ixuder may so noti�y Borrower in writing,aad..in such case Sormwer � f``.:
<br /> :�.�...�. :��. ,- ' '- - - -
<br /> ;�.:''�::'. � ,.Y:. shall Pay to L.eader tke aznouat necessary to make�the deficiency. Borrower shaii make up tQe defciency ia no mare tYian ' ' . .;
<br /> � :{- . ' :� cwelve monthly paymencs.a�Leuder's so2e aisaetion. , '
<br /> �. .�r Upon gayment in futl of all sums secured hy this Security Icsuumen� l.ender shall pmmQtly cefnnd to Borrower a�r > >%'.
<br /> ".;:r�';• - Leuder. rior to the a aon or sale r
<br /> Funds hetd by l.endes. If, under paragraph 21,Lender shall acqaire or sell the ProFerty. p cquisi
<br /> ��� r'� ' ' � �. '•'�' af the Pmperty,shall apply any Funds heid by Leader at the time of acquisition or sate as a credic agaiast the sams sec�erl by .
<br /> � �',''•� � �' � ' tt�is Securiry Insuamenc. .�,�, ,'.:
<br /> •K::.�. .,;
<br /> �-.�','.:• .':. 3.Applicatiop of�SSSym�ts.Uniess applicable!aw pravides ochern�ise.aU payaieau reaeived by 1�ader undes paiagraphs `.
<br /> s
<br /> - .�.;��: � . . • ! and 2 shaU be applied: fi�st.to aaY B�Da3'��Ses due nuder the Note:secoad,co amounu qayabte uu.�ter paragrapb 2: ,`
<br /> � . third.to iatetest due;foosth.to priacip�l dwr:aad las�ta any tate charges due under the Note. '; ;.�...._=
<br /> iaci
<br /> :�:�';^ . 0. Chaaege��a;Lieas.Borrower shall pay all taaes.assessraents.charges. fines aad imposiuons attriY�utahde to the Pcvpeny - -•
<br /> :��';.: ., . • .`� �utrich inay attain prioritae over this Security Insuument,aad Ieasehold payments or gxouud rencs. if any. Borrower sbali pay `:'.s�'
<br /> � ' A
<br /> , these obligatioas in the manaer pimrided in paragraph 2.or if not paid'm thaz manner.Horroaer s�all pay them an time di�ectly . ,
<br /> �.��,�� `� . �•. �..�� ' � to the person owed payment.Sarrower shall ptomptiy fumisb to Lender alt aatices of amounts to 6e paid uader ihis yaragraph. :
<br /> ,. '' !F Borrowrer makes these payments dinxtLy. Borsower shall pmmptly fumish to Leader receipts evidencmg the payments. . .�
<br /> .°"':,'!. '. Barrower shal!prompdy discharge any lien wt�ich has prioriry over this Securiry instrumcnt eintess Borrower:(a)agrees in • .
<br /> .�,:g'. ;"' _ • -' �rriting co t�e paymemt of the obiigztion seceued by che Eie�en a manaer acceptabte to Leader;@l contests ia good faitts the tiea .�� • •
<br /> �, `'
<br /> '�"�'^ � . � � ' by, or defeads against eaforce7nent of the lien in, tegal pcaceedings w0ich in the Ixuder's opinion operate to prev�t t�e „ - -=
<br /> ,,..,._
<br /> .` ���k��� " . , . enforcement uf the tieu;or(c)secures from the Rotder of�he lim an agseement sacisfaccory to l.eader subordiaating tl:e lien to
<br /> - ' chis Security Iuswment. if Leader decermines thae any pacc of che Property is subject to a lieo+uhich cmy atcain priority over , .
<br /> r., :.�..
<br /> •., ,., ;_ this Secunty It�uument. T..ender may give Borrower a aotiee idenEifying the lien. Borrower sha:F satisfy the tien or eake one or . ..
<br /> �r-� •� . � 'r eaore oE the astrons set furtB above within t0 days of the giving of notice.
<br /> �
<br /> .:;� .
<br /> � ..�. ' . � � Farm3028 9190
<br /> ��.' .. . • . .
<br /> �•..��'�. � i �-6RlNEl�sit3�OS aaLe3ore in�c�a�s.
<br /> :.r• � �p .
<br /> .^::.�..
<br /> 3 , . .
<br /> li''' ' ' . -. . .,
<br /> F'• ; • . . .,. . .. � '--�� — ..--- ��. � -- —•- . .. ' . . . . � �— ., . , -. ' �. - • : ' . . � � . . . .
<br /> i.:.,{� ... .. ' . . _ • . , . r . - . - . .
<br /> .��. .: . . _ . . . . . . .. . • . . . ' . . ' • .
<br /> •�.;� `�� • - . . , � . - � _ . � _ : . � ` • � . .. � � .. . .. , .. '- � , . � � ' .
<br /> :?' . �' . . . ' .. _ _ - . . ' . .. . .. .� . • - . ' -
<br /> �,1�..�.�i.� . ' :. . . -. . - .. . . .._ . : _. � :. ' . . _ ,t . : .. - - . � . . ._._ . .; .... .. _..
<br /> � • � . ' � � . . � � . � ' . . • _ • _ •
<br /> �s.�' . . . . _ _ ' _ - . ' " ' � ' . . : , ' . � . . ' ' . . • . . -
<br /> !L . . . . . . , ' . . . . ., • . , . . � . - . �
<br /> ' '� .—' _ _— . . ' . . _. _. _. _ . ._ ... _ ._—_ - __-' • " • , _ _ ' . :
<br /> .�:t. . . . _ . � . . . � � .
<br /> ��- � � • • •� • ' •� ' ' .� T^__""_"'Y ,, ...
<br /> _.—r-'� _. . ..... ..... . .. .. . _ �. - . . . . � _ . . . . �. ..1... - . _ {. ., t..� . ' .. .... �C�. . � �, . .. .,r..... . . . . .. . . . ... _ '- . . _. . _... .t
<br />
|