|
, ;�� ,
<br /> „ , .
<br /> . , �
<br /> , �� .
<br /> � . .,,��..,.:„ . .., .• �. °. � �T�r,r
<br /> . 99- g��.��� �
<br /> � TOaBTHBR VNITH ull the improvement�now or hereafter emcted on thc propccty.aad ull easemcnte. uppwtencu►ces,nnd �
<br /> ' flxtures ao�v or heressfter a part of the prope�cty. All replucements aad udditions shatl nlso bo covered by t6is Sc�urity
<br /> lastrnment.All oY the foregoinII ia refetred ro In thia Securlty Iastcumeat us tt�e"Property.'
<br /> � ' BORROVVBR COVBNANTS thai Borrower is lawfuUy setsed of tdo estnte hereby wnveyed nnd hns the dght to grant und
<br /> � � convey the Property und thet the Pra�rty ia unencumbemd. except for eacumbrnaces of record. Borrower v�orrents and wip -
<br /> . defend generrilly tha titla to the Propetty ogaiast all clalms and deiannds.subject to aay en�umbr�acas of cecord. -
<br /> THIS SECURITY INSTRUMENT combiaes uniYornl covenunts for aational uae and non•uNform covenaata witi:ltmited .
<br /> ; vnriutions by jurisdlction to conadtute a uniforai securlry instnuaent coverin�real property. r-
<br /> ' UPIIFORM C.OVBNANTS.Borro�ver und Lender covenant and ugcee as follaws: � ..
<br /> �~":-:� Il. Pb,yment of PrQreci�al nnd Intet+est; Prepayment cimd Lute C6arges. Borrower shall prompNy pay when due the
<br /> �'`'���. �' priuclpal of nnd interest on tha debt evidenced by the Note and any ptepayment and late charges due uader the Note, ���
<br /> 2. Funds tor Tcucs nnd Imsurnuce. Subject to appllcable law or to a written waiver by Leader,Borrowcr ahall pay to
<br /> c �
<br /> Lender an tlte day monthly payments arP due under the Note.until the Note is paid in full,a sum('Funda") for. (a)ye.suly taxes _-
<br /> � �nd asses,ymenta which may attain pdoriry over Wis Securiry Iastrument as a lien on the Propertyr;(b)Year1Y leaselwld pnyments ��.
<br /> „ � or gmund tenta on thn Proper¢y�if aay.(c)Yeazly hazard or preperty insurance premiuma;<d)Yeariy tlood insurunce pmaaiuma, e
<br /> 1f aay; (e)yearly mortgage insurance premiums, if aay: and (�any sums pnyable by Borrower to Lender. in accardance with
<br /> � the pravlsioas of paragrapb 8.in lieu of the payment of mortgage Insurdnce premiu�ns•These items are called°Fscrow Items.' -
<br /> � Lender may, at any time.colle�t and hald��nda in an amouat aot to exceed the maaimwa amoa�rnt a lender for n federaUy
<br /> related mortgage loaa may require for Bonower's escrow account under the federal�eal Estate S2�tlement Proccdures Act of
<br /> � ; l,�; 1�4����Om time to tima, 12 U.S.C. Section 2601 et seq. ('RESPA'),wui�o p►nothec law that apPliesto the Funds
<br /> y seta n lesser amount. If so,l.enc�er may. aa any time,cuAecx nnd hoSd F�nds in an aRnrunt no2 co eaceed the laser amount. -
<br /> � � _ �''�. Leader may estiwate the amonat of fluida due on tho banis of curreat data aad reasonable estin�rrates of expeaditures of ffiture
<br /> Escmw Itema or othervise in aa�oidaaoe wi�aPplicable law. =.,
<br /> . • The Funda sha11 be he��fn an institudon whose deposits are insured by a federal agency. insdumeatality. or eatity
<br /> (iacludtng Lender,if Ixnder s�such an lnstitution)or ia any Federal Home L,oaa BnniK.Lender sbaU apply the Fuads to paY the R.
<br /> �• � Escnuw Items.I.ender may aat charge Borrawer for holding aad applying tlie Funds�annually analyzing the escrow acconat.or
<br /> � ver3tjring the Escrow Items,uNess I.eader pays Borrower lnterest ou t4�e�unds and applicable law perniits Leaderw make such
<br /> " a charge.However.Ixader taay require Borrower to pay a one-tlme ebacge for aa iadepeadent renl estate tax repottinB servlce
<br /> ° - used t�y Leader ia conae�ti�n with thts lotra, unless applicable law provides otherwise. Unlesa en agreement Is made or
<br /> a
<br /> � applicai�le law requires interz�t to be paid.I.ender ahall not be require�to pay Horrower aay iaterest er eamlugs oa the Funds.
<br />,;,�=:�,.���'_ gQi,,,wrr and I�ender may agrae iw wtiting,howevcr,that iuterest ahaU be paid on the Funds. Leuder shall give to Borrower. ,
<br /> wtthoui chatge� an annual accowiting of e�e Funds.ahowing cs+�lits and debits w We Fuads aad ttie purpose fa wtucn c�i
<br />�;,..�%: � debit to the Fuads was made. '!he Funds ace pledged as addltional securlty for all sums secured by thia Seaurlty Insuument.
<br />���� ' � If the Funds hBld by I��lr.�e�the amounts permitted w be pceld bY apPlicable law,T.2ader shall account to Borrower
<br /> .��•r �.:�
<br />±i?-.:�":. �:•;
<br /> -.- x.*�`x•:l for tlte excesa Funde in aoamutlan�e w��h th�recNirements of applicable law.If the amount of the Funds held by er at an}r
<br />""'�'�'�"� tlme ia not suffictent to p�y eme�scrow Items wheu due. Leader may so aotify Borrowcr ia wtidng, and,in s�ce3ta crse Bortower ___
<br /> y�;���.tl'.l shaii pay to Leader the amouat necessary to make up the deftciency. Borrower shaU muke up the deticiency Inao more tham __
<br /> =�u%T��� twclve monthly puymeats,ei Leleder's sola discr�etion.
<br /> - s{,.�� U n t In fuU of all auma secured by this Securlty tnsm►acent. Lcndes ahaU pra�mpily refund to Bosrower any .
<br />_,���:4������ P� P�� __..
<br />�.;:;;,�„..;.., Funds held by I.ender.If,uz�d�er pam�raph 21�Lender shnll acquire or sell the Property.Lender.prior to tho acqulaition or sale _
<br />�.;�r,K; ��' of the�roperiy.eha11 epP�Y�Y���held by Lendet at the time of acquisition or sNe as a credit against the sums socured by -
<br />"".:=� this Secur[ty Iasttument.
<br /> � ���, .
<br /> - ,,;,;� 3.Appllcatioa of Pnymeats.Unless.appllcable law provides othe�avise.all paymeats reoeived by Leader uader paragaaphs
<br /> 1 and 2 shall be applicd:Rrat,to any prepay+�ent charges duo under the Nota;second�to amou�ta payable unsler para�'aph 2.
<br /> _ _ __-_�� third,to interest due;foiuch,to priacipal due;and lust.to eny late chtuges due�der t�e Note.
<br /> - - 4.Cltarges�Lfieas.B�rn►wer shall pay all teu�ea. assessments�cLarges�fiae��cl Im,pusitions t�tttributah'.e to che Pmgerty -
<br /> --�',:��- which mayy att�n priorlsy�ver thts Security insuument.and lea.sehold gaymenrs ar gmund rents. if any.Bsa�owc:ehull pny -
<br /> m
<br />=�i�st~�'� these ebliga3a�as ip the maaner pmvided in P�8�Ph 2,or if not pa�rl3n that manaer.Bomowes�hs�iil pay them an time dii+�tly
<br />-�`"�'�`�'�" to the peison owed pnyment.Borcower shoU pmmptly f�mish to Ixnoler all aoUces of emouata tu be puid uuder t6is paragreph•
<br /> ..,.�..�
<br /> '�"� If Borrower taakes thcse payments dt�ctly Borrower shall pmmpily fluNsh to Ixuder receipta evidenciag tha paym�nta. n_;
<br /> - __-�_� Borrowcr�h�l pt+e+inlrziy d'e��ba issiy ttcn whtch Aa;�tsla�h�over it:fs�ecu��y xnsnument unle.as�orrower.(a)tt8rees in
<br />-�_�.,_����� wdt�ng to the payment oit�m obligation sECUred by the liea fn a manner acceptable em Lender;(b)contests in goo3 faitL t8a iiev ..
<br /> •="'"�-='�� by, or defeads against enforcement of the Iten in.legal pmce�iinga whteb in the Leadcr's opin3oa opemte W prevent the
<br /> ���`� enforcement of the lien;or(e)securea from the holder of the lien nn agreement satlafactory to I�der subotdinnt�c8 tho lten to
<br />-_—�-�:-;;;�
<br /> �^'���;i�r���� ��urityr Insuumie�t.bf Leador determines that any pa�4 of the Property ia subject to n 1{�n which may s►t¢ale prioriry over _
<br /> �,���f.-��:.��.'�s.,.
<br /> �;:;�:_n.�r-..�, thfs S�curlty,Insuvntem;,I,ci+�er muy give Barrower a aodce ideadfjring the lien.Borcower shall eadefy tho lien or teke oae or __
<br />-- :i?�':;�'° more of the ac¢ians set�'onh a�nve within 10 days nf the giving of notice.
<br />_ �::�,� �soaa �,�so
<br /> �� P�Y�1 c18 trfttldt;/��'�"'"�
<br />-- a.:;, .,'�� • �, �BRtN�tast�.ot ..
<br />- 'i �
<br /> _ •��
<br />�a...._....._r�
<br /> a .� _ _
<br /> � . .. - ,� � ..��\�1;}a,, �jl'r . .. �.°�F" .ui.r� ----- �_. _-
<br /> 1 . ...�.Y � .�J.��/ � .. ' �� � . !�yar��J �
<br /> � Y ,.� .. '[ � . - t " 1 A '\\1t V
<br /> .��� �i ... . . . : .�.�a� I�+•Q�.. ..�iY' e.�:yvn���.viaara�u,'.
<br /> 1
<br /> :J.: •1
<br /> _. _ __.—_ ._.-_.__ -.._ _.__— __ _ ___ _' _ - __ _
<br /> �_f� . .o . �.: _-_""'_ "_'.—"_ _____"_ " __"__— ___-_. .-".__[T.. _—_ __`�— _T _ �___ _—"-
<br /> - ' �.� - ., . �_--�-.� � ..����_
<br />- . •a. i t '� . '. , . .. �1 .� .. . ' . . , ' -� .• ' '�SI��:.
<br />—•. .. . t " i .� - .. � � .. U - - � .. � ' . ,�, ., .. . . . 'r,1-._
<br /> U . � .. - . .� � ... ' �� . '� "' . . �' ..r . . ' ,r -
<br /> ,�
<br /> -} r . � .. � . o .. .. . .
<br />�_. . .�. ..•. � �� .� .� .. ll .� .
<br /> . r� .
<br /> .. ' . -- •.. .� . ... ..�. .
<br /> � O
<br />_� - ' . � ... � � "' � _. �S `�i, � ^i!
<br /> � �
<br />_ , i. .. .� �• � ' _ ' _ V� .
<br /> v, ' .. • .. . .. o . . � .' .. . .. '�K' � .. .. . ..'. . � �) .
<br /> , . . . . • , .�'.I:` � .. .I,. ' ' ..
<br />� ��' • ., . ;�, .;•k!i�-�••.3:�•',f,,. .. ,.'t
<br /> ' , '� .. _ ' . ., • y�. , ., • . ....
<br /> , ' o , .. , . . • _ • ,o .. .. „ ..
<br /> �f . .. , . ; , ' �� . . . .. � . . • �.. .. . .. ...... _�__ _.
<br />
|