•. '���� ei;�. ` ' ..Mt��'d ,. ..' s�l�- `.o..-.-.L_:..da:.r��w,.,r:.. � --
<br /> ..an..sasw.era�
<br /> t'� •t��+.
<br /> '�1'{'R�D'r�.,�rt-w:�iq 1 ��\Xl.t374Ru��...-_
<br /> — ___ _�_�__
<br /> . .:�, - ..i.`'i. t.d?��.^...
<br /> �bj . � . ��..:. ' ^t,,,�'1;T'�---
<br /> y +
<br /> . �� - ���. �-,�. . �� . ` ^��
<br /> ���i�
<br /> �.�.i siiielY'!
<br /> ..__._^.--_._-� _._-..
<br /> ��,�:; gp�- 1075�6
<br /> ��'��• ��� UNIfORM COVHNANTS.Borrawer end Lender covensnt and agree as followa
<br /> �;���; 1. Pa�ryn�nlofPrinelp�landlnl�nsN,Pn�psynNntaadl.attChl�rp�s. 9orrowerahallpromptlyp�ywhendueth�
<br /> � principal ol and intereat on the debt eWdanced by Ihe Nota and any p►ep�yment and late char�es due unde�ths Not�. [ R
<br /> `e�f1:._
<br /> Z. Funds IaTa�N�d Insw�nc�• Sub�ect to appllcable law or to a wntten walver by Lendnr,Borrower shMl pey ____ � -
<br /> ;� - to Lender on the d�y monthly p�yment�Are due under Ihe Note,untfl the Note ia pa�d In full,a sum("Fund�")equal to
<br /> . .• one-iwellth ot; (al Yearly taxes and assessmenta wh�ch may �ttaln prionty over th�a Secu��ty Inetrument; (b)yeady �
<br /> ' s. � ,..' IstNl�qld p�xm,nUS or qround ronts on th�Propsrty,if eny:(a)Yes��Y nusrd imurance p►emiums;and(d)yearly
<br /> '�_;F mp�msurance pro�+�ums.il any Theae itema are called"eacrow itema".lende�may e�t�mate tha Funds due on tha
<br /> �� bssfa otcureent data�and reasonable estimates ot lulure escrow ftems.
<br /> The Funds shai�be►�etd�rt an inatUUtion the deposds pr accounta ot which are�nsured or gueranleed by a lederalor
<br /> stete agency(���u��^9 dender�f Lender ia such an insUtuNon) Lender shall apply Ihe Funda to pay the escrow ilems. ��° °°��
<br /> •.�� Lencler mey not cha�rge tor hold�ng and epply�ng the Funds.anelyzmg the accouM or verifying the escrow ftema.unle4s �_____
<br /> � Lender pays @orrower�nterest on the funds and appl�cab�e Iaw perm�ts Lender lo make such a charge.8orrower and
<br /> ' ' LendQr rnay agree�n wnting thet inte�eet shall be paid on tAe Funds Un►esa an agreement�s made or applicable lew
<br /> --- -- ` requ�Pes�nterest to be paid.Lender shall not be reqw�ed to pay Borrower any interest or eam�ngs an the Funds.Lender _
<br /> ` ' `��!! s�allgiveto8o►rower.withoutcharge,anannualaccounUngoftheFundsshowmgcreditsanddebrtstotheFundsandthe ?'°---°=� ---
<br /> --�'' '`Y,•.~ ; _ ` i�•.�.„ purpose for whicb each debd to tAe Funds was made.The Funds are pted4ed as add nional secunty 1oe the sums secured
<br /> �'::y...<,..��
<br /> • ' `�'��.�,,,::�:�� �;��` by the Secu�lty lnstrument `°'-'-=-` - ��
<br /> _ �i.�l=;^ _�:' ,: It ihe amounl ot the Funds held by Lender,together w�th the future nnonthly payments of Fu��s r���able pnor to the --=
<br /> "`�... �� , due dates of the escrow�tems.shall exceed the amount reqw�ed 10 pay the escrow dems whe�due.the excess shall be,at
<br /> . y:,�.`, ' Borrower'a opUon.edher prompUy repaid to Borrower o�cf�edded to Borrower on a*e¢rCr.ly payments ot Funds If the ,;�,-,:.
<br /> + �,�•:`:�^��aV�:��� V amountoftheFundsheldbyLender�snotsuthC�enttopaytheescrow�lemswhendue,�?�:•rowershellpaytoLenderany •::>}'4%;';-,_-
<br /> IF� ..r,� :
<br /> amouM necessary to make up the dRhc�ency�n one or more payments as�equ�red by Lender � ��``'•• ''"'�--�.
<br /> X� f�as:
<br /> �:b• .• Upon payment m lull 01 all sums secured by this Secunty Inst�urnen•t.Lender shall promptly retun�d W Borrower an J'�'
<br /> _ �T , y �r.rsro�rnr��u:
<br /> � � °' � •� Funds held by Lender If under pa�agraph 191h�Properly�ssold ar aceq��rad by lender.Lender sha11 a�pp�y.no later thart •����:::,.�:;.
<br /> � � �`' immediately pnor to the sale ot the Property or rts acquis+t�on by Lender.any Funds held by Lent7er at Ihe t�rne of � i;v _
<br /> �..
<br /> ' �• �� � • ;.. app��catioo as a credd against lhe sums secured by this Secunly Instrument �'�r_.:-�
<br /> � :.`-,1;.�„r--
<br /> '• ,,, ._. �, Applkatlon of Paym�nts. Unless appl�cable law�roades otherwise.all payments rece�ved by Lender under .�,1;,___.
<br /> { �_ ° '� �,;�". paragraphs 1 a�d 2 shall be applied.lirst,to late cherges due�mAe�Ih�N�te:second.to prepayment charges due u�de► , — --
<br /> �,,;-- ,,,.Y t h e N o t e:i::a:u.'a a s n o u n t s p e p a b l e�n d e r�a.a g r a p h 2 t o u n�h t o mt erest due:and last.to pnnc�pa+due. — _ _ _'�
<br /> ' . . �. Chiurges;Ll�ns. Borrower shall pay all taxes.�55�ssmeMS.charges.hnes and imposHions apnbutable to the f���
<br /> ' ° � � ' � � Propeily whic� may attain pnonty over this Secunty I�nstrwment. and teasehold payments or ground rents, if eny. . �
<br /> '!t�:• '
<br /> ,�f;;41�`�� , ,. 6orrower shaU pey these obl�gaUons�n the manner rov�ded m pa�a raph 2.or�I not�n:'m that nn�aner,Borrower shall +
<br /> . P g ��;;,:��--
<br /> �.. , �"-.: —
<br /> �����• � paythemonUme�arectlyrothepersonowedpayment Borrowershallpromotlyfurrus�tci.ende��'���noUcesofam0untsto ��
<br /> �� �������_"'�'`''�' be paid under l�T:s paragraph.Ii Borrower makes these payments d��ec"��. 9orrower shall prompc�y furmsh to Lender ---__
<br /> �' " �'�, � -__ ' --_.
<br /> Qi,x{���F; .�,�•= �eceipts evidencing Ihe payments _
<br /> ��i�� t�����'�� ` Borrower shall promptty d�scharge any I�en wh�ch has pnoriry o�er 9nis Secunty Inatrument unless 8orrower (a) , -�+�'�I-�
<br /> • ��{"'�'���� ���•�+ ' agrees in wrding to the payment o1 the obligalwn secured by the lien�n a manner acceptable to Lender.(b)contests in �6`
<br /> ., rt„ . �:; .
<br /> _�,�,� ��1,�•,..,,� gopd IaitA the lien by,or defends agamst enforcement of the hen�n,legal proceedmgs wh�ch m the Lender's opmion Y__�_
<br /> ' �:,� •�•��^.��F�'!•' � ope�ete topmveM tfieentorcement of the lien or lorleiture of any part ol the Property.or�c1 secures from the holder of the �,�__________..
<br /> .j',;'s�' �1i. 'y�, 'i�' IienanagreemeMsal�slactorytoLendersubordmaUngthelientothisSecuntylnstrument ItLenderdeterm�nesthatany� +��-��--,
<br /> i: ;},:,,* 't`. '�.G':�;?�•
<br /> • ';•��7 rtotthePro ert•issubecttoalienwhichmayalla�npnorrtyoverlh�sSecuntylnstrument.LendermaygiveBorrowera • ' . , _
<br /> P y I -
<br /> '" �'4��i nj�f not�CeideM�lyjngthelien BorrowershallsadstythehenortakeoneormoreoftheacUOnBSetfortha6ovew�th�nl0daysol %��`�
<br /> ,�;�;+,::,i i.,.;. tAe g�wng ol noUCe . .,KS�r,. .;.;•� -���-
<br /> �. 1 > ta,��.
<br /> , � �,�;F��; 5. Ha=ard Insurane�. Borrower shall keep the�mprovements now ex�stmg or hereafter erected on the Property :,�.,,
<br /> , � t�;w;`� insured egainst loss by fire.ha2ards mcluded withm Ihe term"extended coverage"and any other haterds tor wh�ch 1 ��
<br /> �� ::. � ��.;! �,
<br /> �,i�.; ':`�+ �t�+� �•� lender requires�naurance This�nsurance shall be ma�nta�ned m the amounts and lor Ihe penods that Lender rvquires _ ,i
<br /> ;r S'+ '"' �sW ,. .. The insurence carner prov�dmg the insurance shall be Chosen by Borrower sub�ect to Lender's approvel wh�ch shall notbe c�.,..w";•,:-_,.`.
<br /> �. �,,,`lc���;... un�oasonebly withheld
<br /> . , .. °.: ����•;.��, � All insurance policies and renewals shall be acceptable lo Lender and shall mClude a standard mortgage clause
<br /> �' . } , a`,�� • 4ender shall have the nght to hold the pol�c�es and renewa�s If�ender�equues.8orrower shall promptly gwe to Lenderall '
<br /> �s''`'��``� ' ' �eCe�pts ol pa�d premwms and renewal noLces M the event of loss.Ho�rower shall grve prompt noUCe to lhe m8u�ence �
<br /> �. ��:;'.. � , � •��r���:��
<br /> ; �t�;::� � ��, , ' Carner and 4ender Lender may make proof of loss�1 not made prompt�y by Borrower •, : . �_�
<br /> �• ' Unless Lender and Borrower otherw�s-`agree m wnUng,msurance proceeds shat�be apphed to restoraUOn or repau -
<br /> � • � of the Property damaged.d the restoraUOn or repa+r�s economically feas�ble and Lender�,secunty is not lessened Itthe '�•�i.�•''��,j`��,; ���tr
<br /> � r.._..;_'.
<br /> � restoration or repa�r�s not eCOnomically feas�ble or Lender s securdy would be lessened.the�nsurance proCeeds shallbe .i�.���,:�y . ..
<br /> appl�ed to the sums secured by this SecW��ty instrument whether or not then due-w�th any excess paid to Borrower II � , ',•1.,.,:. :
<br /> � ~ Borrower abandons the Property.or d-?s nM answer wrth�n 30 day� �.�:tice 1rom Le�der that the insurance carner has ! � , .',
<br /> " oHeredtosetlleaclaim.IhenLe�derrnav �O��fClthem5urancep�O�P��75 trcnde►mayuSelheprOCepdStOrepBVOrrBStO►e ' ,
<br /> . . Ihe Property or to pdy sums 4h�c��.�?tl C•,:��•s S�tun:v irstrument h."�t��e r o�not t�e�due The 30'-48y penod wdl begin f
<br /> �;�t,. ' �uiTmn the notice is grven
<br /> � .,� , � : �;;�:•�: •�'+�'• Untess Lender anU Borr:rs_�r o!rerw K•e a»�p?,^+�.•..�. A�y.iG�. :d'on C'[•CCc i�CgtO pnrtG�D319h811 nQtR�C�?nd O�
<br /> ', S.�:i�;'f.: j� � �•' �c�.�.•:yr. r �. r.^e'ne an��;„nr,�f the Davrr.pntS If '
<br /> ;'(-. .�,a�•;;!' ' ' SI;. pc�tponecneetuedateotfnemor.m�� c.zw^,Q-..r. r�.7r� pa a4�a�:^s' �nK20�c^a �
<br /> ,; ��:,�i.,�• ' �.,` underpara4r3.itiw i9theProperty�sacq..^e,ty Lender.Borrowe��•�c�^�'.�=.^/��s�.�a^cy('�: l d'E.af10,('•oceeQS�esuit�rtg
<br /> 1����� - n��d• a •f!r c rri� --�fCb thi4$QGuI�C
<br /> � .,'.,�;;��,.�• ' , from4arnagecai�ieProperlypr�ortoine.�Cquis�twnshallpasstola t��:nPErt.nh, �.�. 5•i'.... V Y
<br /> • �'� � . , Instrument�mmed�ately pno�to the acqu�s�t�un
<br /> 8. Pns�rvstlon and�A�fnta��nce ol Proparty:LQS�eholds. Bor.ower t�.����;•,s��stroy or damage r,r s�ibstan•
<br /> .� . '�" ' ....o........�..�...�..�.,.....��o...rnmm�f wacta 1}th�4 Si-i�,r-tv ln5!rumEnt�56�8 ic'dSP.h014
<br /> - -- uaiiyci�anyri7�r��GVc�ty n:�:.::7..�. ...r•..� ....."-.._._.-- -- '
<br /> " BOrrOwCrShallCOmply�v�thlheprOVi5�on50fthele�scand��BO��oweracqu�re5�e���tletnthaGrq�ertv fhB1485ehOIGa�d
<br /> • ' lee t�tle Shall not merge uniess Lender agrees to the me�ge� in,vn��ng
<br /> ,i � • 7. ProteetlonolLend�r'sRlyhttfoth�Prop�rty:Morlq�p�InsuranCe. ��Bu�rowerta��stoperf��mrnec��v�nants
<br /> � andagreementscontainedmlh�sSecuntylnstrumemorthere�sa�eqaiproceed�ngthatmays�q���+�c•�^n�atrr.ctl���aers �
<br /> nghl5�nthePropertylsuChasaproceed�ng�nbankruptcy.probate fo�condemnat�onortoen��.�ce6i�30���Qu�d1�0��ii
<br /> � Ihen la��Jei may do and pay Ior wnatever�s nprPC�ary to P►otect the raWe ot the ProP��rtv����v L�e�,4�r�S�'��3��15 �n the
<br /> , Property Lender s actions may �ne�ude paymg any sums seturetl by a ��rn �vhiCh haS 1:r�O��ty ^•,er tn�s Secu��1y
<br /> (nstrumenLappearmg�ncourt.pay�ngreasunabie.�tte�neys 1ep5ahdPnlE�mqU�theP�OpPrtyio�++Ak��ppins Alt►�ough
<br /> Lender may take act�on under th�s paragrapn; Lender does�ot have to do so
<br /> . , Any emOUnls d�sbursed by Lender under th�s paragraph 7 shall become aAd•t�ona�debt o�9o��owe�secured by lh�s
<br /> . SeCUrrty Instrument Unless Borrowe�antl Lender agree to other�erm5 of payment tnese amounts snan uear mte�est�rom
<br /> the dete ot d�sbur5ement at the Note rale and shau be payab�e w�th�nterest uDo� n0�'C�'��Om�e�der to 8orrowe�
<br /> . � requestng payme�t
<br /> . „ '
<br /> �� y �
<br /> . < < _
<br /> i _
<br />
|