|
.r._.•� , . . . -,�t;: .�: � , .�`� . isxk:r��'-�.F• "��� - . .
<br /> �---r -'---�-------.. ' . — —•— :c�:yntrl�d�--�.;--�--.- _ -------- .--�
<br /> � � F.�t. . �.
<br /> i - � � � . � . . ' .
<br /> .. `� :.,. . • , � � . < -�' � . , . . . . . `<
<br /> ` • a}��4'_ �_... . •:.._y--•�--' . .
<br /> �. - ` _ .._._ ------- — -'-—- �
<br /> , , i..
<br /> � ' Batrcwer'3 esua� aceost�t under the tede7sl Real Estate Ssiilement Procedur�Act of 18T4 as am�ndad from time to Ume.72 U.S.C. = ,
<br /> � . 2fi01 Et IIe-R.(`n�PA')�un!sss 2noth2r tavr that apgi`.as to tAe Fun�s sets a lasser amourrt. It so.l.ender may.nt enY Ume.wLect a�d ° .
<br /> � ho.d Fund3 t�en am0unt not to excead the lasser amount. L.end�r rt�ay e�te tho amoun4 oi tund rrabie 13whe basis of current dsta
<br /> .en
<br /> and r�asaaab;a est:mffie� ot e�n�ih�res a9 fYmua EscrAVr ttems cr othernise in accordanee with aFP
<br /> , r as
<br /> ` The Fund9 :,ha7 ta h�!d tn an lnstituUon r�ho�e depos�ts ara (nsured by a tederal agency. insLu�rental'dy, or entity (nefuding __
<br /> � , i Len�er, H Lendsr Is cuch cn tnstifiitton)or tn any Fedatal Homa Laan Bar�k Lend2r aha�thl sp�ph�We 8urn�dunt arveritying heYEscrov+ ��
<br /> • �� Lender may aoi charge 8orrotiver tar hold�.ng end apptytng the Funds,annuaUy anah��9 � �`
<br /> • �1 tiem9,unless Lender p371s Ba�row��te�an tho Funds and apPL'ca��e taw permYs Lender to maks such a charge. However. Lender ,
<br /> .` � �,requ=m gorr��nrer to pay a on�ttme ehargs tor en inde�Qndent reat estate tax repoNng servlce used by Lender in cannecUon r+fth �
<br /> _ _,.'� this loan.uniaso apA+c�a L3w pmvtdes o2he[mise. UnIess an a�aneM ia made or applica�la law requires inte,�t to be paid. l.snder � _
<br /> , -� sha:l noi f¢o rcqutred to pay Bosror�er any tntetcst or e3m`ngs en Eho Fands. Barrower and Lender rr�y agrea in wriing.hov+evzr.that '�:
<br /> ' -=,-.:.r IrYter�2 shafl b Pa'd Q��$ �n�. �$� shalf ghre tn Borrowa. �'+�hout charge. an annual ac�aunting of the Funds. sho�ving � � ,
<br /> �_-
<br /> � . ' crdts end datdI� to th°Fue�s and the purpo�e tor v�htch each debfl to the Funds was made. The Funds are pledged as additlonal � —
<br /> securtty tor e�l sums secured bll lhts Seatrfiy lrtst►vmerd- ,, r��!»�w,iender shall accoutrt to Barrov�er tor the �
<br /> I4 tha FunEs Aed by L�►der exeeed the amourts prr��ed to ba fi�d b, aFD. . _-
<br /> exce,s Fun�tn acaordanoe v�r�t�the requIrements oi apDs��e�• If the amaurri o?the Funds h�ld by Lender at any tima is not
<br /> . sufrte;ant to paY.�.ha Escrow�[kt�D tha 2�ic[eneyf.Borrower sh�make�tA th2 dE4ctency n no ma than tvietre�ssonthlY P37fm�a� —.__..
<br /> . the ernQUnt nacESSa�Y _
<br /> � . . ' lendefs sala�fscre'Con. _
<br /> ' Upon�ayrtsant In tuU ot all sums secured by this Security�nsbument,Lende:shalt promptty retc:^.=o Borrowel any Funds held by �.-
<br /> Lender. If,under par8gapb 21.l.Ender shaD acquire or sa11 the PropeRY.Lr.ndEr.prior to the acguis:ton or sale of the PropErty.shall -_
<br /> ' . . ,�i ePPhl enY Fuads hed by Lertd�at tt�e time o!aequisitlon or saie as a csedit against'.��sums seaured by this SecuritY Inswrrt°nt --
<br /> � 3. A�pl�ration mt Paymenta Unless appllcable Iaw proti�t_w othemise.a7 Pay�n�� ���by Lee�der under pPragtaPhs �
<br /> .. ' 1 and 2 sfia0�a epp'�ed:fi,�st, to enY P�Y�'��c„azg�' �e��`y i'�Hote: second to amo�:%:�=�aNable undu parsgraph 2;thIrd
<br /> � to iTrtErest dae;4ourlh.to pdndpat dua and last�to er.y i�i!�r arS���n_under the Note.
<br /> 4.Ch?J$s�Li6T18. Bortovier sAal pay a0 �.'US, assessrtients,charges� fines end imposiUons stLibutable to the Prop2rty
<br /> . . which mny cthtn pdort3y ouer this Seeurity Instrumera,and leasehold payments ar grourtd rents. it emY. Bormwer shall pay these
<br /> ' . oht�attona�►the crcanner Provtd2d in paragwph 2.ar if not paEd tn that manner.8orrower shaD pay ihem on time dir 1 8 rrower makes
<br /> oW¢d payment gerrower sh a 1 1 promp t l y Tum(sh to Lender ali nafices of emourt�s to ba RaId under�:�r�para9raP •
<br /> these pay�rterts dirocth►.Borrower sha0 PromPL1►tumfish to Lender receiPta evidendng the paymErtt�.
<br /> Borrcuer sha9 promytty d:�charge any tie,n which has pdotfty over this 3ecuriry ln�uumerd un1�Hortower.(a)agre�s tn wdUng to �
<br /> _ s
<br /> tha payRCent of the obli�ation seatred by the llen In a manner accepta3ale to lendEr; @)contests in gaod fai¢h t4►e lien by,or detend3
<br /> � a,g�in�t rmfisrxmanl of the lien ln,legal PTac�n9g whieh in the Lende�s opinlon opeate to prever�`�e entor�nent ot the aen;or(c)
<br /> � - secisres i�sa ii�e ho'�r at ths Een en ar..emerti saHs'�ctory to Lend2r subordinffiIng the Gen 4e •:.�� Security Instrumen� tf lendar
<br /> � deterni.rzs•�at any part of the Praper"f:s subjed�.� lien whtch rt�aY attaln CrtoMY over thfs ��*'ty lnsLrum�t, Lertder rtray gfire _
<br /> :F s
<br /> _ Ba�����ptIre�dwrtti(y'rg the Ilen. Borrower she!!salYs�i the Qen ar taice one or more o1 tha aetlons set tarth ehaYe vrnhin 10 days
<br />_ .` '� ` ot the g r.a�of nafler�.
<br /> •.:.�,� _
<br /> ;:�.u�. . y.Ei�a!ar Praperty Insaeanee. eorrower shatl keep tne tmprovements nrnv �;�>:.g ar hereatter erec�ed c.. *he
<br /> � _ �4'-"� ..
<br /> , .';�`` propertf insured agatr►st loss by fire,h�rd3 indad�d mthln tha tertn 'e�Rended couerage°and rx^K�o2her haiards.Inctuding ftacrlr��r
<br /> I ���� P.oadfng. fcr which Lender requfr�a(nsurartce. T��S �'��� shail be mrsirilalned in tho emounts and far the pedo�s that Lendel
<br /> �'� • ���. �hs (ng�rartet�carrter provtd:ng tho tn5urance she0 bo chosen by Borro�+rer 3ubject to Lende�s approval wfiich shall rtot be
<br /> , �%r'� unreasannby w�thndd. II Borrower tails to mainta'.n coverage descn"Ised above. Lendzr may, at Lendef� opSan,obt�ln coverago to
<br /> . ` '{•`�� in the ProperiY trt r�xordanoo YrRA prra9taPh T.
<br /> ° : � ,f;:.'`,. proteet Landefs dghts � e etauso. l.ender shaU have
<br /> �,r;i
<br /> *='`I'�f�;%:�' S° A6 inaur�nae poIIctes and renewat3�'�1f 5e aoceptah.a to Lender and sha0 inctuda a stendviYl r..o 9aS
<br /> :;:-�;,-:`� jF: e 40 �der ail receipts of patd Premtums
<br /> ;:,���°. . the dQM to hntd the pol!ctes end renerr�.. '.!Lender res�ulres. Borrower shail prampLY gi+r
<br /> _.-_�y�` �d�y�n��q. In the erent ot losn. Borrozrv-�ha0 g�hre promat noUca to tho Insurance canter ac►d Le�'jder. L�d��y�e
<br /> :��,,,� ,: ,
<br /> -;z� '�''-` i m!toss H rtot rtsada prompUy by Bnrtawer.
<br /> � .. . .,:.. P�
<br /> '.-'�- ��F f��3`..,�� � Uattsss Lender end Borrower oihelwtse a�ee in writlag,insurenee prorxeds sha�Ca applted 4z^estaratton o:�c�aU of the im nat
<br /> °`�` fii��:d'� � Eamaged.N tha restomUon or reD�`r la economlca!ty tensibia and Le-+3:�s seatdty I�noi less���. ft tho ce..^toratton or repaU .
<br /> `�%�'�'�y � vrould be tessened. the tnsurartce proceeds sha16.� r4ita�ed to the sums secured by tnis
<br /> _'.'t�:.#'.;., econaMqfly tea„�le or Lendc�'s secu�fty
<br /> �'� ��''`�" • S�curtty Ins7ument W„e�h� ar not then due, with any exces� Patd to Borr°wc� �'Borrower abandorfs the Praparly. or does noi
<br /> ,��-•. r.
<br /> - ��`•" anawer v�fith'n 30 daYa a nottco ttom Lender that the tnsurance carrler has a'.fan�d''� serite a ctalm, then Lender may calleei tha
<br /> -'�.,.�.,+�,... .
<br /> -��t�`"`'•''`� � tncumncsu Dr°�• ��ef msy u�n the proceed-9 ta repair or festore the Frt�rBrcy or to pay sums secured by thiz S�cu
<br /> -:r;.J'v�17;,?.^. erroa�iho notfee is glven.
<br /> - •,:7tif(•c�'..;'., (nctumant rrh�"ther or not thc�►dan.11s�s:J�day Petlod wi7 begin
<br /> " :��� �:'=�;� w(flsu l�nd.a and Borrower oth�;efse agree in v�ri"+,n9�anY aFr`���uo�of praoeeds to pstci�3lxJ aha➢rtot�ttend or pa�yane the
<br /> � duo Cate of the monlhy pa7Rnef►ts�ref�red ta In Frrm�'aphs 1 and 2 or ct�anQQ 71+�amount o!tlie paymenb. I}under pa�ag�h 21 -
<br /> 1f3
<br /> • . ' . ttto R'cpetiY�:.ao4��by Lender,Banawer's dQ•*.t t�nny Insurance p�tte3es end t;�u'.°eds resuSHng irom damage to tha ProyMY P�tOr _
<br /> to tho ec�isiiian sha9 pass to latdst to the attent oi tho surtea securd tsy '+'tia Sec�rfl7l �^�trument immediatey prtor to the -
<br /> ,' � '�7�'��`;:• , ecqutuRion.
<br /> : •:i,%.er�.
<br /> � �.:�:�5' ' � 6. Oaaupanay, Preservattore, Matntenanco ar�� Proiection of the Proparty; Borrawer'9 iroan _
<br /> pAp?:�}On; LABSehold3. Borrower sh20 oec+:Qy. estabRsh.and use the F,v�erty as Borrow2ra prir+dpal r�idence arithin sbcty
<br /> i• days.+aRer the ac.•u-^lon o!lhia Seourfly InsLYument+rr.� ah�1�c4ntnue to occu�sy�t:��opa1Y �8orrower's principal�es�dertoe tar at -
<br /> � laasl one ycar erer the dato of oec�p��aY� u�•es� �"�d�' oth�e a� �n �+r�tlr�9� ��h consen! sha7 no'1 bo unreasonsbly „_
<br /> � wfthlteld.or uaIess aRenuatlnp clm.�r.-:,tur.��dst wh:oh aro tiaynnd Hwr�xc�s cBorrov�cr ahell 6o tn Eafault H enylyto cit�ra eelten or kT
<br /> .s• � � tho Property allow tha Propaty to dt:tcriosnto,or ao�r,m.tt vras4o an t7�ea Frop2Ry. or olh�wisa -
<br /> -� � ���9 wh�� �1�N or orUr�na1,ts begun that in l.end-_Ys goad ta�th judgment cout�r�u!t in tort�tNro ot the Property
<br /> � � mat� �th� Een created by thls SECU�i�► Instrurrt:rtt or l.ender's secudty int�vst. Botrow� may cure sueF� s detwft and
<br /> • reinotate,as prc+id°d in V��Ph 18,by causing th�udlan ar praaeednfl to ba�n'�s���'�th e ru9n�that,in Lender's good t31ih
<br /> ' dolcmtinsUan. predudes to�feihiro o1 tho BorraNefs inie�t in ifia Praye�ty or oiher mat�tal Im�lm:er►t of the Uen a�OeatedD��s
<br /> Seaurfty Instru�:�i or Lendefa seulfty int��l. BarroNer sha7 atso ba!�dEtevft if 8artoyrer.dur{ng tho toan app _
<br /> gm;a matc�iaaly islso or trtacwrate{ntonnffi?an or st�nenLS to LertQn (or ta:ied to pror�da L�mder w:ih any r•.atestal Intom�a!'0i the -
<br /> cor►nection vriih tha toan evtdcn�d bY Uto Note,Induding,but not fim[ted to.rePresentations conxmng Barroiuera oseupancY _
<br /> Rrog�ly as a pdrtcspal resIdertce. If thls Sa��ri1Y InsDUment fs an a tea:ehe'd. Bartower shaH campy w�'lh e7 tha prodstans o91tsD �
<br /> teasc. t1 Ba7roxer ncqu'.re*s 1e�ti'��to tho ProFFriY•tho le�eho:d and tho tee titto�ha3 noi mer¢e unlc^..:,thfl L�der a�C�es to the
<br /> rttCTgCT iT1�I:n�. FoTm 302�9,90 -
<br /> PZga2al5
<br /> t c1o7J lL'O tt19S1 _
<br /> E4;AOa3 .
<br />
|