, �a ""� r( ���1! y_� �N� � �T � i ,��Rrc� W({tm,l� �`r,,,�"• ��`� �� �'Y:� �. ti; �, �ur� �tr'fTC 4V' ., . , . .,
<br /> � �i 5 � �}' r t��t {-?�e�b (iJ4_;t�t,i}. �'"�'�S�^y. �'�1 r rqi.�,� -i �_ " t i �t� `��r�:� u ; t )�t. ' . ��..;Y/ ir �•7p� .
<br /> t �. Yl.d t� k \'..� � ,.S�,.r -
<br /> _:.f:.:.s.:�f_.._J,iLL��, C'i��r� � t ..��it� F a-.tZ -L� �'.�� + .�i - � ,c�
<br /> • � r �� • � ,. � �.���.. �...�1�./��' 1 1 ;,� J" ; i J� �,aV� c ^'r4
<br /> Y�if� $ _ �� � , • •� i.. V.: ��� .� Y. •�-1 i� . . ' � �t 1.a�
<br /> , .
<br /> .
<br /> � . .
<br /> -� �
<br /> .
<br /> y {.- .,. . '• , n.: : - �: �-. !.r t��. �yu �,3-_t�� • � -
<br /> „ , , . � , .--_,i.. � .. ' � '�-- - --
<br /> . ....,. .__._._—..,:�.�_.. . ...w • _ �
<br /> �.<.-_.-, -. .-.�-�-- ... : :,. ,�..,..,...�.w.. _.. . .. ._ .. �
<br /> .
<br /> .- . .. . x'r��t�s��t"�•� ,�.�.•�.tix t e.�.p;w,:�..a....�......-..._._....... -. 1 - t-
<br /> ..r.��.� :..;..-..-r._._._:'--._...-..
<br /> i= "� .=w;+:"�-
<br /> ' A 01�88 :':._.. '���.��
<br /> i i r¢��'�':;;�:;���_:R:
<br /> .. �'.;'r�=: ''' ' �/��"" i•''��:�;:+r'i,}i",,..—�-.—_
<br /> i �i;�� '�1� �j fs y��FaaL
<br /> < k� >,�,;�kr��Q I UNIP�RMCOVSPIAM'8. 8orrowerandI�anderooveaantard reeasfallowa:
<br /> r i ( , 4i'i.a.�p..
<br /> �, ..� l. 1MY+akat of 1MnotPd�ad Iaterosti Propwymeat�nd I�te� Aatrawer xhal!prompttY PaY when due ��
<br /> �,t�''`�� ''� ' tho prinalpai af and interost on tAe debt evidanoed by tha Nata and anY P�PBY�nt and late ohargea dus under the Nate, ��,�; ;;, s;fk+�3��n'%�;,
<br /> '''f'�'''"� Su t ta a licable taw or to a wdtten waive�by Lender.�IPRAWQi 6II�II�Ay � �+°���.. ,,�',,)�� �'. ;
<br />,,,:.ar;;;,,.�.���ac'.� 1. FoadifOtlyxailWdlanlNa�aO. qiec PP Pp y'.;.,:, :�;.�, a �� � :
<br /> to Lendet on theday monthlY peYments aro due w�der tt�e Note,undl the Nate is paid in fhiL a aum t"Fuads">equal to e,,��,y,.,�:;r,.�,;��'tr,�,.;,...{�;;
<br /> ,�;�'l�a� .�q.:h� •�. 4 � r.•,` •.ahl�nr "xrt
<br /> '+;;,�, � G ..� �.t�ittb ot: (a) Yeatly ta��s and aeseas m e t�t a whioh n�ay attaia pdorlty aver this Saeudty lnstrumentt (b) Yrarly t��,. ,, ���} Sf'_
<br /> - � �'��° ;'- leuehold pnymanta ar ground reata on the PropatY�if any; (cI yea��Y 1�arsM inauraaae premiums; am! (d) Yearly �r � t�� � �`��;
<br /> �N-:ti �g �=' mottguge ineurance premiums�if any.These items are oalled"�rpa i�e�.��knder may outimatR the Funds due on the �,� •_` , .c � ;'�
<br /> "��;�r�� ` P� basia of eutront d ata a n d reasona b le es t ima tes a f l�t u r e a a o r aw itema. ; -�` `�. �
<br /> "`t��� {� The Funds shall be held in an institution!he dcpasits ac accounts of which a�a iaswad ar gua�antad by a falaral ar „ ' +` � ,,,,.,.
<br /> ,.',,..t.,.x�r�..,:�.:� •'
<br /> 'l:
<br /> r � atete a (I�oludiog I.ender if t.onder ia eueh ao iaet itut ion).L e n der ahafl a p pl y the Funds to pay the aac�ow items. ,• .� ,•,.,�.;. .�. '.�,;,��-��!v'
<br /> ..,;:,:,:`,�5�{. .�. , BancY 8 . „ .
<br /> y, � ;;�t � ��.+ I.endm may not oharge li�r halding and applytng the Funds,analyzin the account ar verltying tho eacrow ltems.unlosa ., �1� � ,:,,
<br /> I,andet pays Botrower Intetest on the Funds and appliaabie law patmits Lander ta make suah a cha�ge• Hetrawer and : ,5�?
<br /> � r�:� Lendar may agree in wdting that intoteat ahati be paid on the Funds• Unles� aa agreemeAt is made or applicabio!aw : ,,; �, ��
<br /> '` :..;�?� roquiros intoreat to i�e paid�i.endet shat!not be requirad ro pay&�rtower ank interest or eeuninga on ehe Fuode.I.ender , .,
<br />��'.: � .• . .. .. •� �_-
<br /> � � ��; ' shail give to Borrower�without aharge,ao annne!a�caundng of the Futafs�w��g�its�d dei�ts sathe Funds and the �s,,,t r.�t:��,.. .:. :: .::� •�
<br />��.�� ;' , , ��, purpose!'or whioh eaah dablt to the Funds was�ade•'The Funds are PledBed a�additio�al aecudty far the aums secu�ed bY �
<br /> i` this$e�urlty Instnimeat. �
<br /> ''{�'�� �� `.� ,�� �ff the amount of the Funds held bY I.eader.cogecher with the future monthly payments of Fumb paysble prior ta �,<<,c��;�s�,4
<br /> :,i.;.:.,,,,,;;.,.: y��! the escmw items w n due.ihe cxcrs�ahail be. .}��"•rtit�`p`,'{i t� ;
<br /> < : ,.,� ,.:.,, :, i dac�ata ott�e esarow ltems�shal!exo�e�e amaant�cqulred to paY �S ��• �� �`;��:. � �
<br /> �'�' � � � at�oai�'s�. co�.eithet tamptty re id t�Honawer oi credited to Aonawet on manthlY payments at Funds.If the .''t,�,���' . . �.
<br /> � r+��;4+
<br /> � �unt�the F'�nds held by Leade�is no�t suflficient to pay'the ascrow�tem�when due,8onawer a}u�ll pay tP I.ender any ;, , ;
<br /> ,� �. t
<br /> � T � ' �inauni Kecessary to make up the deflciency 9n ane or mare payments as required by I.ender. � y� ' �;"+E�� v, ; ;
<br /> �� r� k� �, Leader shalt prompt�,v iefund to Barrower � {�,.� �f� „;�„.,; .�
<br /> 4 r�I���tF;5?. ,��.,: Uponpayment in fti1!of aU sums aecured by t h i a S a c u r i ty i n s t n+m e n t, • ,
<br /> �•�'T7 5�t�...��,;i; �.:?fy;i'.�, �,ai.:, ...,
<br />-��.,�,�i,�}�� ,�y � . any Funds held by Lander.If under paragrnpf�19 the Praperty is sald ar acquired byI.ender.Lrnde�ahal!apply�no later ti �,l;.•::r:�t ,•,. ,, .,,
<br /> N :r�„p. "� �;' then immedintely ptlor to the sale of the P�operty or its acquisitipn by Lender,any�unds held by Lender st the time oP ��iiri�: �,�� r ,�� �f�
<br /> >,"�+. ': ��:�s't.� a�pticat�on as a credit agaiost tha sun�s aecu�e�by tMs Security Instrument. ;����� :.'. ,� "":�•��r r��.'�
<br /> ° '. •� ' 3. AppUeatioa ot Ppyateuts. Unles�s applicabie law provides otherwise,a!1 payments rece#ved by Lender under r...�: � •'.1t� ,rt;,
<br /> '':,,.: ,.. '�•;'`I panigrapha 1 and 2 ahell be applied:flnt.ta l�Ite char ea due under tAe Note;secoad,tc�prcpayment chargea due under the f�'�?;y: �r �..; +%�
<br /> g ;tg��:.,, , .' .
<br /> � �}�• �: " Nate;thicd,to umounts payable under paragrnph 2;�ioutth,ta interest du�ard last�ta principal due. . ��� ��, ; . `.ti
<br /> '?: ° ' � 4� Cbargesi i.teae. Bonower�shaU pay ull taxes.aa,�sments.oharges.flnea and impositians atiributable ta the , �`;:
<br /> ., . �":.��.:._'i� .: :,
<br /> ��� � ".� � property which may attaia priodty,over this Seourity Instrument� and leasehald payments ar grauad renta. if any. �' �� ,,;,
<br /> ��Y.. �. h 2�ar if not id in that manner� 8onowar ahall
<br /> �,; ,. Hoi�ver ehaA pay these obiigations in the manner provided in paragrap � Pa a .
<br /> '`°•"�'�� ` �, Qay�them on time directiy to the person owai payment.�nawer shali pramptly f'arnish to I.ender all noticca of amaunls , . ..,`�
<br /> ,,:•�,, .
<br /> ^ f. "-.. � - to be p aid under thia p arn gta ph.If Horrower tnakea the�e payments di�cc:tly.Sarrawer shall Pr°mpt1Y lbrnl�h tr I,ender ;. ;:-. =„-.cr,.
<br /> re�eipt�evidencin the ments. � ';•'���� .
<br /> `. . • ...`. . :Qorrowu'shail promptly discharge any lien wMch has ptiotiry ovar thla Security lnsttument un1esR Borrawer:(a) �{� • `��..
<br /> ' '` ���� �f� '.'' agreea ia wripng to efie payment of the obligation secured by tbe lten in a manner accepCable to Lender;(b)conteata in gaod � . _
<br /> ,., ;:.;,;.' : ,.
<br /> -«.�;; , ' lfaith the fien by,or defenda againal cnforcement of the lien in,legal proceedings which in the i.eader•s opinion opecate to '
<br /> ,'�'�,' :.'' prevent the enforcernent of the lien or t'odeiture of any part af the Propetty:or(c)securea from the hoide�of the lien t►n , , ;� ,n
<br /> "�,:_����,"� a grecment eatiafactory to Lender aubordineting the lien to thia Security Instrument.If Lender determinea thut a�y part oP . , ,. .• �
<br /> .ti ;�,,. ",'%- '��''.' the Property is subject ta a lien which may attain priodty aver thia Secu r ity instrument,L en der may g i v e 8 o r t o w e r a : o-
<br /> � ,. nottce idendfyring the iten.Hocrower shail aa�isly the lien ar take one or more af the actians set farth above within l0 days �
<br /> ; . .�� ofthegivtngaFnotice. ' � �
<br /> �:�� , :'`,;�: S. Haz�rd Ineurance. Bormwer sha11 kap tfie improvementa now eaiating ar hereaftcr erected on the Property � . , .,..:
<br /> � � °'�� � .���, insured againat ioas by ftre,hayards included within the term"extendcd coverage"and eny other hazarda for which l.ender �:. �,,, '' "�
<br /> - �• �'" � requires insurance. '�'hia fnaurance Ah�il be maintained in!he amaunts and far the periocfs that Lender requi�es. 't'he � �`;i�:?+�.;;�.. •,.;;. ���.::
<br /> . insuranco carrier p�oviding the.inbucanee ahatl be cbasen by 8arrower subject to Lender'x approval which shall nat.be ���� .' .'.'�' '�"
<br /> • , � '�4' �; . i�'•ti!'�;• . '. � :.:i;•
<br /> �<, �� • unrsasonabiy with�heM. .`,',Si'1;i':,�ti1';:. •.; ti�.c..,
<br /> ';� ;;;' �Ail insurance poilcica and renew�f�shalt be acceptabie to I.ender and shall include a atandard mortgage eiau.qe. � ;,,. �, �;�a.;, �'.
<br /> � �.�"`•S�;�'x�''� Lende�aAatt have the right to hold the policies and renewais.If Lender mguires.Borruwer ahall promptly give to Lendet ':�,,;�'. � `'���;
<br /> _{,��;„:;�'�- ,''t�;�,;; all receipta af paW premiums and«mewal natic�.In t he event o f iass.B o r r a w e r a h a i i g iv e prom p t natice to the i�surance . .,
<br /> �:�.•�-,;:���" carrier and Lendea[.ender may make prnnf oi losa if not made promptiy by 8orrower. '"
<br /> �'' �''�'•��%•' Unless Lender and Bon�ower atherwise agree in writing,insurance praceeda shnil be upplied to restoration or repair j
<br /> ����'''.� ;^;' •�:x�.~; of the Pro rt dama od,if the restoration ar re ir ia economicatiy feasibla aad Lender's security is not lessened.If the I
<br /> '`;���';'r`` ` rcg.orat{on or npair is nut economicaliy feasibk nr Lender's serurity would be tes.sened,the insurance proceeds shatl be ` ,
<br /> ;},;;��+����. ��;
<br /> ,�;ti,�'��. �;p�+,�� , applied to the�ums aecured by thia Se�u�ity Instrument. whether ar not then due,with eny eacess paid ta&�rrewer. ii I .
<br /> �1"�t����:; . �` Horrower abandans the Pro rty.ar dae.s not answer within 30 days o notice from L.ender that the insurance rarrier has �
<br />-� ,.�,���. ,,:i�., �
<br /> c�ffered to settiea claim.then I.ender mey coilert the i�uranc�prucce ds.Len der may uxr t h a p r c�c c e d a t o r e p e i r o r r e s t a r t ;
<br /> .. ''� ',''���`7 the Property or to pay sums secured by thia Security lnatru�tient.afiether or not then due.The 30-day pedod will begin ,
<br /> ' ' '�' '"'��� whenthenoticeisgtven. � �
<br /> �-t `'ti;,;•�;"•:� luation of nkeeda to rinci al shatl not extend at � .
<br /> Unlecs Lender and Bormwer nthenvise agra in writing,any app � P P P ;
<br /> '' .,�`.�,:�;��"• � postpone the duc dnte of the monthly payments tefetted to in paragraphs i und 2 vr change the mm�u�t of t he pavment�.If
<br /> ���..;7,�. ;.� y under paragr�ph 19 the I'ropeny ro acquired by Lende�.Rormwer's right tc�nny insuran��e{wlicies and proceeda resulting
<br /> " � • � , , � � from damage tothr E'ropeny ptiar to the acqaisition shaq pa�.r ta Lendrr tc�the extent of the sums secured by this 5ecurity ,
<br /> "�,�,;'. •� ' : �� Instrurnent immedintcly prior to the acquigitian. �
<br /> ! 6. Preaervation ead:►'Isinteaence ot g'roperty:Leas�h��ds• liarrawer�hull not destroy.damage or.rutntantiai{y �
<br /> a�t ;,,."�: � °..,r . , .
<br /> ;;-'•;�tii,+;r, , � • change the Property,uNnw the Property ta.deteric+rate or rnmmit wnste. lf this Scc:u�iry Instrumeet is on a�kasehatd,
<br /> : , i1r..,:���;,1 i:���,,� 9�xrower shali comply wlth the�+tavisians of thc Ira�e.a�d if&+rrowrr arquire�fce titic tu thc E'ropecty,the lea+ehald and ;
<br /> l fee tide shail ncN mcrgc unic+s Lender agrees tu thr merger i�v►�riting
<br /> '�t 'I{ 7, Protection ot [.ender•s Rights in the Property; �tart�yt� tnsurance. If Hnrrnwer feils to prKorm the
<br />_ ._ � .•. . �__ .:.. �,�;.:..�� .,,e�Re i.,�1�a,�t nr�xeedinQ thnt muy sifsmficantly affect
<br /> . : '� COYC(IHi1t6 ultll ugfCCtttCllltf��iiilniiii�iit Zilib.a«i:...j j:e''.. .. �
<br /> , . I.ender's�ights in the!'mperty(aueh�.c n prckeeding in bankrupsc>. probate, fe�r cemdemnnt�cm or to enfi�rce f�wz e�r •
<br /> � «ptulationa).then Lendrr mny dc�ond poy iar whute�•er is nrcess�r�ta ptotect�he��tue af the Pra{+ert y aud 4ereder'c rights
<br /> ;� �the i'ropeny, Lendcr's nrtionx may inrludc puying nny sums sccured h}a Iren xhich hu+prfurit?•ovcr th�s Security
<br /> ,. tnstrument,appwring in cnutt,paying reasc�nabic attornr�i feec ane!aaunng an thc!'rnperty tc�makr rcpairs.Atthough
<br /> ' I.ender may take action under thia paragrnph 7,Lender dora e�t hc*�e ro do u�.
<br /> , Any amounts disbursect by Ixnder under this patagraph T�ri�f�P+t���me c+ddinunut deM af 13��rraa�r u�ured by this
<br /> Securit y[nstrument.Unless Hurrowrr and Lender ngra ta othat term�uf payment,th��se umuunt++hall hrur intere�t fram
<br /> �; the date of diabursrmcnt gt the Note rute und Qhali br payabie. N•�+h intrr�t. uEx�n notire fram t.ender tc► I3armwer
<br /> requesting payment.
<br /> , �
<br />
|