|
:�.'J�1��V 'v�. ;..r.'i . . . ` :
<br /> � �,, .. .. �f:'r4 . � �
<br /> . .,; ;�l��� .,
<br /> . ,
<br /> ' __ ,.�..i .�. • '. 11,�. , .. .. � . ..� . ..Yi J . .
<br /> Y. �
<br /> . . /J � 11 ' . . .. . .... ..__"`_"_'_� .��
<br /> .
<br /> . �� ..:�vr1.I.4J.. �., .. �. . ........ .. ........ . . ... . �
<br /> ... .
<br /> .,. .. . . . .. ... .
<br /> n.. . ....1:. ._._ _ ' " " .
<br /> .. . -•. _"'""�._�.... .. .
<br /> �� —�1::"—'_�....
<br /> _""......._..__. ....-..._.... _.
<br /> '� .
<br /> TOt3ETHER WRH ail tho fmprovOmantn nav� or horaaRor arQatod on tho propcRy, ttnd ail easemsnto, appurtonartcos, end
<br /> fbRuma norl or FwresRer�pnrt ot thc�prq�snRV.All replaceenento and addft�ons shntl al�o bo oovsrod by thls SocurUy InaUurtmnt. �
<br /> e
<br /> • • AA oi Mn torcgotn8 i�rofartod to M thip 3.,^outfty Inntrumsnt ao the°PropuRy.' �
<br /> - gpAROW�R COVENANTB thnt Borrotivur t�tawNipr soiuid of the ostato hcraby conreyed and nao tho rfpht to grant nnd _
<br /> � aon�r�y tho ProR�Ry and lhat tho PmFofir !s unerecumbered� except tor encumbrancou of rccord. Berroria Ylcrcnnro nnd eri!� �
<br /> �� - d�tend a_nwetry t��tttt�to tho Propnriy agalnat all ctatrn3 cu�d darr�flnds,oubJect to any c�ncumbrartaos of r�ord. C�
<br /> , TH19 &ECURITY IN8TRUM�NT aambin� unttom► aovonnnW tor natlonal uso and non�unitortn covcnanta v�(th I�U2e4 �
<br /> �� � vortattano by Jurt�dbtton to aonntituta n unttortn oecu►ity�sburtmnt covaring�aat ProA�N• 9
<br /> ' UNIFQAM CdUENAPJT3. Borrotivor and l.endor covennnt and a8�ns foilowo: �
<br /> � � � 9.Peyment of P�inetpaat amd11rnF,�est; P�epeyment and Late Ghnrgee. eoROwer s�un pr�mpcy pay v�nen . .5,.
<br /> ° Quo th� rtrtclpsl of�nd tnt�t an the d�k�f auldanecd by tAO Noto nnd any prapayment and k►to aAaress Gua undet tRO Note. �
<br /> , � . ); � 2.�unda tor Taxea em� ICJSIAJ&i4�E.SubJoCt t0 flpFlb8bi0 iaw ot to u writter►weNet by LGnt�:t.Bonoc:�Bh�O p�y � _-
<br /> _.,_.--•J . to LAnda on lho day manthly pnymontf3 M3 due under the Noto,u�tll the Nete Is pald h t�U,e sum ("Funrls")tor. �Q eeadp �'
<br /> �;:�,:-:=.F-� • texgs and ngepsgmonta whteh mny attc�tn pdo�lY ovar ehl�Securiiy inawmont Bo a Ibn on tR9 ProPaAp; (b)�o�bsuraneo
<br /> ,..-,.,�+"�►�i PaYmento or ground ronta on thn PmpeutY, H anYC (o)yearh ha:ard or proporty tnauronco P�'m1u�L;(d)Y�M _:�,
<br /> prem&�ms.H any;(e) yoarly martdtaQo tnaumna�premlumn,tf any;and(q enY euma pnyabb by Bo�rowur to Lender h accord�nce ���
<br /> kt
<br /> , .awrih the provtstons ot ptuagmph 8, k� 11t�u of tho psymont of mortgago hsureneo premlums. 1'RGSa ltams nre ca►�'d 'E&Qrow
<br /> � Itoms" Londot may,at any�timn, aoil�ot und hotd Funds In an amount not to e�oad tho maximum amount a lenda tar a �.--
<br /> + tsdaru[ry reated mortgago tc►nm m�y �qu�e tor Barroweds osc�aw aexount undar tho tc.�..re� Rral Es�te Setttoment Pro:n�Mes :_-
<br /> Act ot 197�ua amm+dod imm tima to tMno, 12 US.C.�2E01 et seq. ('RESPA"), unlos3 nrroi►'.�r tnv�that epP� to thr�RG�6a _.
<br /> s�ato s Iessor ttmount. tf so,Utndor may,at any timo, co+uci and hotd Furtds in an em�nt�Ot to oxcoad tM ta3etr etar.�unt ..
<br />= e londef may ostimata th�amount af Funda duo on tho basb ot cur�ent data and roasorwb�ost��'s ot c�nd3u-�ea o1 lu:ure =
<br /> , } Escrow Itams a7 alhurwR�s In accordnnco�uftn cFp'.kaa�e Iavi. _
<br /> �- ' � Londer,eifFLendfx��suah an Inst(WUo)t or h eny Fedetal Mame Loan Bank.fl t.andor s�haA��PN ttrer Fu d3�0 parRthohE:ierAw
<br /> ` Itema.Lnn�ot maf nat charpa 8orrov�for holdhg cnd appbinp tho Funds,unnunUy analy�n9 tho escrow eccoun�or ve�ifyinp
<br /> ... .. thg Escrow �toms, untass 4onCar paYs gortower intarest on lhe FunGs and aPP�� �Mr p�mAs Lendar to mtke 6uch a ..
<br /> Chetgit. HowBVfx�Lender mnv �4u� Barr�ower to pay a on�t6ne aherBe far nn Indepunde�t�esi estete fax�'Pt b rt�d�s or _
<br /> ` . usud by Londur N connectton wftA this tonn, unless appNaeble law provldc�s otha�vrise. Unless are e9reernen --
<br /> �s
<br /> "' appl�Cabig t8w requMes tntere9t to bo puid,L.e+ider sAau oot ba roquL�ad ta pay Borrov�ur any hterost ot esm�s on the Funds. _
<br />-•;� . goRp� �d L,ender rttey qqree b writ�p,hawever, that hterest shaU be pa�d on the Funda. Lsnder 6ha8 pfro to Borrowar,
<br /> � �~ wphout chsrge. en annunl ar�counthg ot the Funds,showhg credAs and debRa to ths Funds ind the purpose t�r�rhiCh esah
<br /> ,.�•f • debk to the Funda was ma&�. The Fund9 are piedgod au addiNonal eocarihr tor ail 1���°��sha��cour�t o 8 ourer
<br />- ' I!the Funds hold by Lendar excoed Me umounts pc�mmBtod to bo held by app
<br /> ' }pr�e g�gg ffundg in gCCOrdenco wfth t�e requYe�nent8 of eApUCebb Gaw.li ttta emount of the Funds 4�a16 by L.mode►et eny
<br />- " . �' � timo ts not s�?ncient to pay the Eserow items vrhen due,lsndsr may so notNy 8ottower in wddn9�an�1�i�su�h�Borrower
<br />�='��������=.• shatl OaY to l.ender the a�nnunt necossary to mako up tho deflaianoy. Bor►ower sheU meke up the dofla�nay h rto more thnn
<br />-•_,, �'�r
<br /> heelve monthy pafrments,aC Wnders sole discretton. �nd to 8orrowa►eny Funds
<br />--'`-`,,.`rY,• �pon payment b tull ot a�sums secured by thl� 5ecurily tnstrume�t�Lender shaB promPth
<br /> 1;
<br /> , �:'. N`� ' ° hek� bp iendar. ii.u�iGoi�a�raP�-!.l��r sl:s9 pr.e��ha or nei!�he Propixl�.LenrBat.prfor M the acWisidon or eab o
<br />�'� `� ,. • PropeAy.ehaR apPti enY Fur+ds held by Lmr�s!er et tho time ot acqutsRian or sale as a omd�egak►st tt�e aums secured olr�c+
<br />-- . .cm+,.ad $e��tily InSWmerlt.
<br />=`=`i�:" 3. AppllceUon ot Paymente. ua�ess ap�licabte taw pmvtdl�s otherwise. a� paY►►�rfia ra�eNad by Lende► unda
<br /> -='��k�+ tirst,to any prePeYmant oha�es dua under the Note; second,to amounts payabls und�r
<br /> ParQ9rephs 1 snd 2 BNaa•IGa applf9d:
<br /> ��-,:�;�.�:: par�gnph 2;thYd.to Nteresl dao:faunh,to Prhatpnl dum;mr�d test.to anY faW Chargos duo under ttre Mot9.
<br /> v.����� 4. Cheryes. Lt�1�. eorrower sheu pay aa tmwa� asa»asmenta, ohnrgc�s. fiies una h�poaRlona eltrbulsbl� to tna
<br />�:r�;{�,'�'.°� PropeAy M.��io7�may attah prbrNy over Mia Securhy Insdument,and laaaehotd payrtwnts or�ound ranb.K eny. 6ocro�eMtl
<br /> �,,;1�_�-� pay Nese obtiDerionu in tho mar►ner providad In paregraph 2, or H nt+'i D� „ thcit mtumDr.Borrox�r aR�ii pay tR9m on th�
<br /> �.,-.�sc��;�„_, dYc9cty to Ma perc;on owod paymen� Bortower ahatl prompUlr Nmish to Londor all not�es of amounta to ba Pa�unde►this
<br />�_:� ;,��,�e� pelw�reph. I} Botrorrer mekes these payments dteotly� Botrovrcrt shn0 ptampi(y fumtsh to lendor tocobis svidenchp tho
<br /> ._�:`� Darmonts.
<br /> Borrower ahaU prampty discharg0 anY�1en wh@h haa pdority over this Sec�riry Instrument uni0ss Bofrower. (e)aaraes
<br /> -------- wr�inp to Ne p4Yment of the obilQetton secured by the Iten in a menrter acceptable to Ler►Oe�: ro) t°°��„g°���'�
<br /> Nen by. pr defa►ds epnhsi entorcement ot the Oen b, lesal proceedh8s whbh h the Lsndota ophion op�rat�to W�o+�r►t the
<br />��� entoroernent o!ths oen:o�(o)secur�s trsm the hotder ot the Uen rsn n�reemeiu catt�tutory to ��1�Ou��rdlnathp tM Ym to
<br /> thiu S�cutiqr Inauurrnr►L tt 4ender detem�7+SS that any part of the Propa�ty Is oubJeat to a Iten which.muY att�b P�Y���
<br />—�:;���� SecunlY Instrument,Lendm mny BNa BOrrO�rM a notice idBnNtYk►9 th9 Ilen.eorrower enaq sat�h►the Rer►or uke aa a more ot --
<br />—..:r_�_;��� qfo eotions set forth eba�uE+w!lhYi 10 dc�ys o4 the pkirt�a4!notice.
<br />�--��;;� 6. Hez�rd er PJ�o�rly In�+ra�nce. Bortoa�ssir 9�eN keep the improvements now exEsthp ot hareatter ess��d on the
<br />--„� �,"�c•��� Ptapert�► itasur�e.yab3t WES by ifro. garz�t.ds hctude'4 whAh tho tetm'extertdad aovere��and 6nb other hit�tds.Ytcl�dtr�
<br />__-_�'��_�� ibada or ibodhp. tor whicA lender rpub�os haurence. Thts hsurartcs► ShaG ba mat�tahad b the ar��mte and tor th�pero8s
<br /> � v that Lender re4utes. lhn lnsurence cartNx Pro�ha the hsurance shaA bti ehosan bY��war si�ixjxt to lsndKo spproml
<br /> ----�— whbh ehaE not C�cr unnrn�arsabry �rithhoid. If Borrower teNs te matsEnh covera9p dasor�ed aEave.fs�►d�r may.a!t�on6era
<br />—_=�.���
<br />—_--_—==� agtlai,a�..h so���Qn mr.n��t Lendere riahts h the FropeAy h eceordanCe w8h�pnnl�tiph 7. � � �
<br /> — Ap hsur�nea ponotos and mraswxb shaa Ue eer.spmbla to,l�►� en� 6na� eecturb a s'srs���Ne�to t�der aY reCe�ls o1 .
<br /> -�_s.�--.�. GhaE have ihe d4ht to hoi8 th0 PoOCit�s�stfd renewats. If Lender roquke9.Borrower ahnA pramptb 8
<br /> � __----~ pafd premY�ms end renewal notices. tn dhe oYO�t of bss,Borrowe►shaN ptve Pro�rtot�o to the haurence cortler ar►d Landor
<br /> ---''��I tfandor n�ay mako proo!ot bss tt not made PrompN1 by Borrower.
<br />.;.,�=;�� Untesa Lendrx end matrawer utherwise a9ree b w�tin8,hsurence proceeds Rha9 bo npPli9d to rt+stomtbn or repair of tho
<br />�.,-r,v;;,;:;:,:. Property dama0ed.Y tn�r,ustoration or ropaY Is economlcaty taesible and Lenders t�curky b net bsse�red.if tAe r�staratlan ot _
<br />_°°._:��' �:j�,•� a shaY bo tPD9e�1 to the�ums
<br />�Ak:,._..:.. . rapat Is oot econam3cnt�Iees�le or Lenders cecurRf►aroutd bo bssonod�the Insurmnc�pnoca�d
<br />;;.:��`�i::�,�; •�. ceeurod by Et►M Soa[rrttyy InaWman� vrheiRer or not Mun duo,w@h any mxsss pa68 to Borrower. It Bortower nb�ndona the =
<br /> -- -.��• : Fropa4y.or�oas noi an�xrer within 30 daya o �atico trom Lendor tha!the hsuranco car►4er has oitarad to satNo e ct�im,Nu+n _
<br /> -;-��: . _ Londor maY �o9aot tho tnaurenco p�a. LonEer mny uss the p�caeed3 to repat or cesto�ttyro P+oPaIY m to pay sums _
<br /> � r..0 t,." :.� secure�by Mb Sec�crUY InsWrt�Bn�wHe�er or�ot th�due. 7f�e 3adaY P&rtod vAD bs�pin�vhsn thtl notfao is gMan. _
<br />,�,,.n�,; .. rU eAa9 not e�dan0 or
<br />- Unlr�sa I.endc�r and BoROwer othurHise ngroe N wrRhB� �nY flPPOcatbn of prooseds to prfncpal
<br /> � . . '�• ppstpone th�Qtco Q3d0 07 tho monthy paymont8 reterted to in PareS�Phs / end 2 or eh� tAo ftmottnt of tho paYtnents. It :
<br /> under P�B�DA 21 tho Proporty b eaquU�d by Lortder� Bortowern�ignt to any Y�3unsnco Pa'acbs csnd proceeda resuQfng from
<br /> ,�,�` Y � to tito Propt�tY Prbr to the ac�utsilton sRaU patts to t.cndar to tho c�nt of tho curs 0Y tht� Securihl Instrument
<br /> r---� '`_ .. ' ` {mmeQiatefy Prbt to tho ae4�bRlOn. ,
<br /> , , •° � --------..-- -- - - --- �..w ernt�atler� ef the P�QO!'tN: BOIMriQld LpSll�
<br /> �- _
<br /> -_ -�— _ -X 6. �TC�upIIR6fl. Raacrmawsq ma....v..o.� �..� •-------• -
<br /> ApplIC�80fl;LC�eh0lds. eorrower ctnau oxuGV.estabtlsh.end ut�a ttie PeoP�f►as eomcwers P�►etpa�l c�idonco wBhtt =
<br /> A a
<br /> t ` apQy day8 after the exeeutbn ot thls Sncutdy lnsbument ond shaD eonthuo to osxx�Al► tlie ProP�Y � ��o�a qincpnl
<br />_ _ � resWonaa tor at least one yoar aftor tAO dato oi occuP��.unle;ss lender otha�wBo�roes b wrfth9�which canuant aAan not
<br /> po unreasonaby wRhhotd.or unbsss mdonuathp eYeumst[r►oes exist wh�h are bepoad 8omowers eontroL Bertar�er 6hQ/ROt
<br />- . . - d�trp,,r�damage ar Impaa tfse ProAanY.t�ow the PropeAy to deRerbrate,or ccmm@ wasto on the Property.Borrawar ahUl bs in
<br /> - ., • �(pt(oiNre of Ute Proptiey or o��mat �ortnf�r h'iDttlr t e Iien Creatod by�bNSecutH�r InEtntment or�Len�s sedtttfdf►htetest.
<br /> .. , �,
<br /> _ • . ., PeQ�?ot 6 " ��
<br /> ° Ft�tE1MO p(D9)
<br /> =v ,
<br /> ./
<br /> • ccwas
<br />
|