|
_ .� ,��� ;, . � ' z.:r, . � ..
<br /> o�, �.�}.7, . . � t�. , :.� �,j:
<br /> i- . � .�. t • .. � " '
<br /> j �.
<br /> ;7M,�y. . - .
<br /> ���' � ' ., . . .� � . ,. � .
<br /> 1 .-ry�rp.x � .. . . .. - . � . �. . , ...:����y .
<br /> _ r. .
<br /> y�� � • . • . .. .. .. . . ..
<br /> � " ' . --�-.L11Ei'�110f�tl��.�.�� . . . . . . _ _._..___—__"._..""_....._............. _ .."""'....�'�_�._.._
<br /> . ..
<br /> � . .. �."'
<br /> � . , _....� ...... .................."'_..._.'_"_ " . . .
<br /> . . �,........_�__�._..._._..___..."'
<br /> .._ .."_'� .�._ •
<br /> , � ' TOt3ET61ER WRM all�ho tmprov,'��nto nov� or horcz�ftar crcatod on tho proprrly, nnd ait easomnnto, flpPurtenancea, eno h
<br /> ' (6,wro� now or AcrclRCt..paR of tho pro�crty.All�cpL�cemr.ntR and addlttona ohatl ai�o ba oovarod by thla Seourt�r InaWrtssnt. rI ,
<br /> AV of the loregohfl�a roterrcd to In thl�8eourfry Instrument as the"PropeRy.' `--��;
<br /> BOAROWER C01lCNANTB that Borrower Is IawtulN selaad of tho ostate hor�by aonvayod and hau tho�Ight to Qrcnt and �
<br /> • eonvay the PropaAy ond that tho PropoRy Is urtenoumbored, exeept la eraumbrenees of r000rd. Bortov�ar wermnta and wiq �
<br /> dot;;r►d genamt�r tho dtto to tho Proparty ngatnst ali otaaUnna and demsnde,subJaot to eny onoumbmncos of r000rd. O
<br /> ' TMIB SECURITY �M8'TRUMENY combtnes unHo�m oovenents tor natlonal uQe and non�unttorm oovananto wtih Gmttvd � .;..
<br /> . vartntloas by Jurfadiatlon to oonstltute a unt4om�secu�ity inet�umen!ooverNg resl property. �j '"=FT
<br /> UNIFOFL�fl C01�NAIVT3. Borroti•rCr cnd Lcr+d:�r covenant and atiroo as loqowa:
<br /> �;;; 9. Peyment of PHnoipmi and Imteres� Prepeyment an� Lete Chargoa.eoROwor snni�prompery par whon � _�;
<br /> . � du0 the pAnaasf of and hterest on the debt ovidenced by the Note and any prepayment and tate oharges dus under tha Note. �...
<br /> � 2. Funde tor Texas end Inaur�nce.Subleat to ttpplbab&�bw or to a writtan waMer by Lcnder,Borrower aAall pay - =
<br /> �, �� to Lender on the day monthy payments are due under the Noto,untG the Note Is pab!n tutl,a sum ("Funda•)tor. (e)yearly � _
<br /> ';,;:,r.��"�° texes nnd assessments whbh may a4tah pHority over thb Seourlty insuumont as a ilen on the PropoAy; (b)YosrN lease�ob ,_:
<br /> _ _•F+h:�� paymante or grou�d rents on the Pro�arty.�any: (o) yea�ly hawM a property insumnce premlume; (d)yearty Road tneuranc0 �°,__-
<br /> . premk�ma,M any;(e)yearty mortpage tnsuranao premiums,If any;and (q anY sums payabb by Bortower to Lender in aaoordanae �;_,
<br /> ' wkh the provisiona at pare�praph 8, In �teu ot the payment of moRgaqe Msu►ance premtims• These Items are oauad 'Esorow �__
<br /> • . " Items." Lender may, at eny Ume,eolteot and hotC Funds h an amount not to mceo-�d the mexYnum amount a bs�der tor a
<br /> ' tadtueUy rel�ted moRpage loan may requto for Borrowara escrow eccount under tha faderat Aeal Estate Settfam�at Pvooedures �-,-:
<br /> ' ` r Aat ot 1974 es amendard from tkne to t4ne. 1P U.S.C.�2801 et seq. ('RFSPA'), unless anather taw Mat applsas to the Funds �"�,;
<br />� ` �' sets a lesser amount tt so,Lender may,at any ttma, coUaot and hoid Funds tn an amount not to�ceod the iesser emounG �-
<br /> ,�� �,�•�, Lender may esth�ate the amount of Funds due on tAe basb of eumanl d+3ta end reasonabte estMnates o}e�enditures ot future
<br /> . ; . �,,,,. Eserow Itans or othenvise h acooMance wRh appliaable taw. _-
<br /> T he Fun d s s h a l l b e h e l d f n e n h s t Y u d o n w h o s e d e p o s ft s a re h s u r e d b y a f a da�ai a g e no y,instrumentalNy,or eniky (hiciud6np
<br /> ' ��+� Lsndor. B Lendar ts suoh en hstlWtlon)or In any Federel Home Loan B�nk. lsr►dsu sheli appry the Funds to pay Me Escrow _
<br /> �. ��'¢,, �t�s.Lender may not oharge 8orrower tot holdhg and�ppyhp the Funds,annua0y anay�r►p the escrow ecoount,or Yeritying -
<br /> the Esorow Items, untass Lender pays 8orrower hterest on the Funds and a�plbabie taw pertnfta lsnder to meke suoh a
<br /> ' oharge. However, Lender may require 8orrower to pay a on�tlme oher9e tor an „dependent reat estate te�c roporting aervkk� �:?_=
<br /> , .. ::.'.;�� used by Lender in oonneotlon wfth thls ban. unieas eAPltaabte Law provides otherwlse. Unless an aareement Is made or [---
<br /> � appllaebte law requtes lntcuest W be paid,Lender shaU not be requtred to pay Borrower anY hterest or esmhgs on the Funda. __
<br /> 8orrower and Lender may agree h wrfth9� however, thet htersst sheU be patd on the Funds. Lendsr shail give to Borrower. �
<br /> � wEthout cherge,an annuat accounthg of the Funds,sAowhg credita end debks to the Funds end the pu�poao Yor whbh enob
<br /> , � debk to the Funds was made. The Funds are plBdged 8s addttional secu►tty for au sums secured by ths Seaurlty Inatrument �
<br /> � If tha Funds held by Ltx�der exoead tha emounts psrmfttsd to �e held by applloable law.Lender shali account to Borrowar --
<br /> � '� tor the excess Funds In acaordanoe wfth the requ4ements ot appl�ble tew.Ii the amount of the Funds h�td by Lender a!enY
<br /> -�,� �.�� � tkne ts not suffbk�nt to pay the Escrow Items when due,lender may so notlty Borrower h writhg,and,in suoh oase 8orrawer
<br /> ' shatl pay to Londer the amount eeoessery to mak�up Me dafbienoy. Bortower shali make up the dstbtenoy In no more then
<br /> � - tweNe monthiy P87lments,ai Lsnder'a e�rb Gisor�n. -
<br />- • Upon payrt�ent in fuil of a0 sums secured by Mis 3eaurity(nstrument,Lender ahail promptry retund to 8orrower any Funds
<br /> - ..';.,''�''; heb by Lendsr. B.uader paragraph 21.Lender she�ac4uire or setl the ProPeRY�Lender.P�ar to the fle4uiaRbn or sal9 of the
<br /> �-.��;:: ..�,' i'':'�:c propeR�,,8hali appy eny Funds heid bY�der at the tlme of aaqubltl�on or sale as a credit agahst the sums sucuredby this
<br /> ._�,�?;�,•x; .�n�i': .i;
<br /> ,�Y<. �!�!��':�: SeaurriY Instrument
<br />°-.;.�-* .;„ . 3. Applicettloo of Peymet�te. Unbsa ePplfcabie Iaw proddes othezwise. ail PaYments recelved by Lender under
<br />'f,+�' -�;�°?,.� paragrephs t and 2 ehali be appifed: HreR to any prepaYment oharges dae undar the Note;seaond,to emounts payahi�under
<br />..�r'%!:�f ,�:•, , °-
<br /> �,,,,_. � paregreph$third,to interest due;fourth.M pdnobal due;end tast.to eny Iate charags due undar trie Noto. �,^
<br /> :r+� . ��9��. 4. Cltat9C8i u0n�. BorroMrer ehap Pey all taxes, aeso58men1s, oharpes. flnes and tmposkbns 81d�uTabb to Me
<br /> -:.:`,�`' `...��"• property whbh may ettatn prbrUy over this Seaurityr Inswment,end Ieesnhotd psyments or ground rents.if eny. Bomoa�er ahnil
<br /> f'�""'"'�t'�^ � pay these obligattons fn tha mEnner provided in peragraAh 2.or it not peid h that manner,BoROwer shall pay them on time
<br /> ;,'N`s;��"'�. � Borrower shali prompty/umish 4o Lender aU noiloes ot amour►ts to be pald under this
<br />-r:f '*„f. ,._ dteodf►to the P�o� owea paymen
<br /> --;�,�::.,• Parayrtiph. If Borrower makes these Payments dYeot�Y. 8orrower ehall promplN �+mish to I.ender reoelpie eNdenchp tho
<br /> ':-.�7:�..�v,,�_ , �.
<br /> ,.,�::ez;� DSY1119t118.
<br /> —_-`__;.,:-:,,� Botrower ehall promptty disoharge anY Ue�►whbh has prbdly over thia SecurAy Instrument unt9sa BOrrower: (n)tpnoes tn _._
<br /> �__ - -_w;_�;;rt�� wdthg to the payment of the obligatlon eeourod by the Uen in a manner acceptabta to Lender. (b)oontosta h pood taE[h the
<br /> `n-_:r�-��� Iten by.or detends eqahat entoroement ot the Ifen!n. 198a� ProcOediips whtoh h the Lendete ophbn ope►ate to Pre�Ont the
<br /> W:.r�._._. enPorcement ot the Ibn�ot(e)seaures 1rom the hotder ot the uen en e9reemant saUsfaotory to Lender BubordhatMg tAe pan to �__
<br /> thls 3eourity instrumenL R Lende►detenmines that em Pe���e Pra�ty is subJeot to a Oen whbh may attah P�Y��� -"
<br /> '�'t� Secu�ily tastrument.Lender may glve Boaower a notice identtryhg 2he lien.Boaowe�shail settsty the lien or ta1cB one or mon of °"-�
<br /> +!'�"�'"� ths aotbns set torfh aDove wkhin 10 days of the yNing of notke. -
<br /> - - ' �. Nexard or Property tnaurance.8orrowet ahaU keoA N�e inprovanente now existin9 or hereatter ereCted on the
<br /> ��'�,:�`� �roperty [nsursd c_,nntnst bss by ftre. herArdB InoRuded wKhin the term '�t�+ded QOVSrage"end eny other ha�ds.hCludhp `_
<br /> -j�.�i-�,� Yoedc�P�...a�.tor!�!h�h !9n�a.men�traA tna��nce. Thts hsumnoa shau be metnffiined h the amouMS an0 br the Perbds -
<br /> thst tsnder reqates. The hsurance oerrier providhg the hsurance ehall be ohosen by Bortower eubjeot to l.anaere�pprovai _
<br /> �"'_ �— whbA shaU not be unreaeonaby wNhheid. It Borrower ta[b to mehtaln covoreqe descNDed above.Lender may, at Lendar8 �._
<br /> opUon,obtah covamga to Proteot Lenders dgMs h the Property In aceor0ance wit�peragraph 7. _.
<br /> �,'._�� Aq hsurance potfaies and renewais shatl be ea�ptabte to Lendef end e�sU hoWde a etanderd mortpege olauSe. �ender
<br /> �~'-:"i°Q� shaf!have the ripht to hotd Me Potfales and rt�newals. If Lender requYes,8orrower shan Promp�Y 0�►e to Lender all �eoefOta of
<br /> �':�?F'.;!r�=�� patd p�emfums and tar►ewat noti�ea. In the event ot bss,Bortower sAatl glve prompt noUce to the hsurence canter and LenBer.
<br /> _--- `--s�-• Lendsr msy make proot ot bss M not made prompUy by Borrower.
<br /> M°."�.s:.�..`tr: UnleSS Lpr�e�r rand Borrow6r otherwlse agre�h w►rth9. inaurance P�ncab�shai!be apPiled to restomUon or rieptt o}the
<br /> _- .. �� ProII�tY d�n8.�U 4Tra reatoratton or reget is economioaly leas�te and t:�r:tiar'e socurBy t�not lesrened.M tha restoratton or —
<br /> c�Y i�.:�a2 ecmaffmlealty teas�b or Lendera seaurky wnuld ba Gessened N�e ,fisuranca Rrecseds shell be appibd to Ihe sums
<br /> - saovneA by tA�s Saeuray Instrt:^tu:E, whether or not then c�".ta, wRh eny exoess paid to I�arrazver. It Borrow�tbandayrs ttte
<br /> �_ _ i�70y¢fey, Ot QG�S rtat dI191M6�WQTt71 3� ff8r8 8 no1iCB iTGm�filn�3vi ili3i"tr�9 MlS1lf8I1C0 CBir�u N�1.4 Of'9f90 t0 S@tti8 A C'i7'Jd�L'hE'.TJ �-
<br /> • Lendor may eo�ee4 cn��surartce proceeda Lender may uso ttse Wecee�s��rapalr or restore the Propeity or to pay surr.�
<br /> ' securod by th�s g�arrlty InsWment,whetA6t or not then duo. fie 3G8aY�rFoci wUi bepin when the noNc�is qiven. -
<br />--�' � � Untess LEr�dar arrd Borrower otherwtse agree In w�fn0� anY ePP�'� of proceads to P�a�at sha0 not e�mend or ��
<br /> ' � �'` postpone the Qua Cate ot the monMH payments rete�ed to In pere9raPha t end 2 or clteeCc+t8e emount of the payme�ta. If =
<br /> �,_•�. under Dera4►eAA 2t the Property is acqutred by Lende►. 8ortowe�s rlght to eny hsurerc��albies and pnceetls iesuEtip trom _
<br /> � �_....� �. .r� ..w...� .J a7m mum 6v lhin .S`CCUfilV ln8tntrt�ent
<br /> �--•�-.a1^� .--7� �m�g tp (� Ylpf,Bl(r Pf70f LD Ltt9 RGqYCitPRrtt oima Mao6 �v w.�w. .. «.� .....•.. �- ..� _�.� _. -'- --' � -_
<br /> knmBd�tetY P�a7 Co 4he ac4��Rbn. °=
<br /> .. .. 8. Ocap�pa�cyt. Pr�a4lon, IYieintenaRCe end Pr���s^u�n of the Propert� �orrower'e Lv�n '�-
<br />— � Apptle�tlon; Leeaehofda. sorrower shatt oa�,py,esm�i�n. ene �s9�:s aroaeny as ecrrowers�,rcba�res�nco wanin E=�
<br /> �„ �-:.
<br /> sbdy days after tha executton of this 3ecurfh► inswment rtn� �ha9 eonNnue to ocovpy the Propetty as 8orrox�e�s prinopai �_;
<br /> resiQence tot at Isaat one year after the date ot ocouWu�aY.u:�:�s3 lsnGx othcn4se ayr�in wrRtr+p�whbh consent aha0 not �
<br /> be unreasonabl�r wkhhetd,or unless extenuating oYcumstancc�car�t w±��h ate bayo�d 8orrowers controL Borrowar shatl not d:
<br /> destroy,damago or Ynpair the Froperty.eibw the Propat�r to doLertoreYO.c�cammft waste on the Property.Borrower shall ba h i-
<br /> detauft tt eny foAo:dtre aotlon or proceedhg, whether oHt!or crimtne�ts�-�rs that h t�nde�a Qood foith Ju�t eaut�rosuh �;
<br /> ° tn foAaHure ot the Prope�h�or otherwise mate�ietiy h�pat'the tlen c�sated by this SecurBy InstruumeM or lsndets secu�ih inte�ost R
<br /> , �.:
<br /> .:
<br /> . � �� � � �
<br /> � , . Ft9tpLM�p�YD) P�a�a ot a =�'=�• �
<br /> �
<br /> �'
<br /> -- ' ., Q� �.
<br /> i - � . _ . ._ -- -
<br />
|