|
�'� {�j� .. , u" . °,� .'7'.. .f ���*f�`.t'�.b,tr�,7:',�u►er..:u�ca "1L;s.��Y�,:' .. .,�r,��"; ,.t ' " `s � :'.•' -rr_'' _ —
<br /> �:; . i '� --
<br /> . �. �•,� - ty 'x •�,�,µtir•„.... ,,....�9.',G'.:.::_........�—__ _..._� . _-",, n
<br /> '�� "tdh'� ' ._
<br /> ..,p. _
<br /> ...t.y�'LBnti.., , 'Y_'
<br /> ---�._.�.Y��.� .r � ,� lillb+►k . __ _ -
<br /> � . -- ��...�..�('._i'�-'_--- --
<br /> � _ ., __.____.
<br /> . ,, � . 102322
<br /> ' ]`TII�[
<br /> +1�. . '1' �'1
<br /> �,.i.�^ ..
<br /> . "' � M• ^��• ,�•. UNIFORM CoVENANTS Borrower�fd Lende�covenant And agrce�s Pol1�.�' �-�.�...�r:=-M��ly��`
<br /> , ° �� 1. p�y�e�t ot principal�nd latere�ti PhreWyweat�ad Lat�C1�u�a. '8o'rrawer shwll pn�mptlY paY when due �•���=---
<br /> :•��,•�'"''`"° the principal of And i��erest on the debt evidrnced by the Note and ony prcpayment ond I�ta charees due under the Natc. �"���'"`'�`_• —
<br /> '.-�+��,: a�- �� Z. Fu�ttorT�xau�I�a�ce. Subject to�pplicable Isw or to a wriuen w�iver by Lender,Burrowershall pa�� �°:;�---
<br /> A ,h��
<br /> to Lender an�he day monthly p�ymen�s are due under the Note,until the Nate is paid in fuli,a sum("Funds")equal ta
<br /> �; f'•�' °" • o�►e•twelRh oE (A) ywrly taxes ond assessmen�s w h ic h m�y pt�ain priori ty ove r t h i s S e c u n i y I n ti tr u m e n t; (b► y e a r l y
<br /> '�� `�: � .„ le.�asehold
<br /> paymenla ar ground rents on the Property, ii�ny; (c) yearly hazprd insu�ancr premiums: and (d) yrrrly
<br /> . � mott�Qe insurAnce premiums,iPany.These items are cAlled"escrow nems."Lender may esllm�rto�he Funds due on the
<br /> ' ,.... •.. ..
<br /> • • • ; bssis ofcurtent dah and�aisonableestimAtes oiiutureescraw items. ---
<br /> �• ..
<br /> : .,.:_.:
<br /> - - °� --- 1'he Funds sh�ll be held in an institution the deposits or uccoums of whicfi a�e insured ar�uaranteed by a cderu ar
<br /> . ..----- -
<br /> .. � -------�--_�_,.�
<br /> � � st�te p4ency(including Lender if I.ender is such an institution).Lender shall apply�he Funds to pay the esc�aw items.
<br /> �� ��� Lender mAy not chArge for holdiog and applying the Funds,analyzing the account or verifying the esc�ow items,unless
<br />�';'; ��' �• Lender pays Borrawer i�terest on the Funds and Applic�ble law permits Lender to make such A charge. �nc►wer and �.u:�,. _�__
<br /> � � Lender mwy agree in writing that interest shpll be paid on the Funds. Unless un ugrament is madc or upplicable low ��,�,y j __
<br /> •- requires interest to be puid,L.cnder shell not be tequired ta pay Barrower any iaterest or earninga on the Funds. I.cnder ti;
<br /> `•^""" sbwU glve to Bormwer.without charge,an onoua)accounting of the Funds shawing cadits nnd debita ta the Funds und the �>__°'`�'':;'P°` y.-
<br /> ••�,. .. , purpco�so,-for which each deDi�to the Funds was made•Tb�e Funda are pledged as additional aecurit y far�he cums securcd by `�` ��
<br /> . ., R�7W4��������.h�. _�iw_...iY��i�l.:..
<br /> li the amoant of the Fuads hetd EX Lender.together with the Puture month[y paymcnls of Funds ppyabk pnor to z,; "=-"�"
<br /> • ' �he due d,ates of the escrow items,shall exceed tQ�e amount required to pay the escrow items when due,the excess shall be, � ;����'F,�*�=
<br /> ,.,t� .
<br /> '�. �1 Borrower's option,eilher promptly repaid to Borrowcr or credited to 8orrower on monthly puyments of Funda.IP thc " -
<br /> ` . " amounl of I�e�unds heW by Lender is not suAicient to pay the escrow items whe�due.Borrowrr shall pay ta I.ender any ---- �"
<br /> ' ' amount neces.vary to malce ti�p the deficiency io one or mo�e payments as rcquired by Lender. �' �=
<br /> � Upon payment in i'�a:l]oi'all sums securcd by this Security Instn�ment,Lrnder shall prornpdy rrtand tn Nc�rrowcr !'. LL.����'r'�� � _-_�
<br /> anp Funds held by I.ender.if under pnragmph 19 tAe Ytoperty is sold or acquired by Lende�.Lender shAll apply.ao later +�"' �_,�...—
<br /> ' than immediu��ly prior to the sale nf the PirT}rely or its acquisitian by l.ender,any Funds held by Lender at 1he time oi' „�,
<br /> ' stpplicatianasacreditagainstthesumssecureA�ytM1�isSecuritylnstrumen�. �'. •�. •'.�'?�
<br /> � 3. Applic�don ot P�ymeab. Unlesc app��:uble Ina p�ovida otherwise,All payments r4cei��ed b}�Lender under � . .::�:a
<br /> • , ' �nrngrnphs 1 und 2 shall be applied:Brs�,to late chAmges due under the Note;second,to prepaymeM oharges c3�ar under the _..�„; �
<br /> " . ;Vote;third,to amounts puvable under paragraph 2;fburth,to inlercst due;and lact.to principal due. _;�:x�:�:�'—"�
<br /> F : 4. C,fiaegea;Wenr. Borrower shall pay all taxes,assessments, charges,Nna And impositions attrlbu�able to thc -•.- _
<br /> �� Property wk�ich may attain priority.over this Security lnstrument, and leasehold paymen�s Tr ground rents, if any. --
<br /> - . ' Borrower shull pay thcse obligations in the munner provided in pa�ag�aph 2,or iPnot paid in that manner,Borrower shnDO . � �
<br /> �:��f:.� , pay them on time directly to the person owed payment.Borrower shull promptly Purnish to Lrnder all notices af amountx :x
<br /> '. .,-},:••;r)i ' . to be paid under this paragraph.If Borrower makes these payments direcNy,Bor�ower shell prompdy furnish to Lcnder , ���_
<br /> ���:• :► � .�
<br /> .;r.r�,�c�;;�,•. , . reaiptrevide�icingihepayments. -�- — °
<br /> ;' .',,: �.' 'ti��'r�l�i; •,?+"'��,';. 8�onower shall promptly discharge a�y lien which ha�priority over this Secunty Ina+tru�nent unle.s.s Borrower.(a� «.� r i��,� "'—
<br /> :•r � "•.;��•�.�•.� '�'�� �:r_.�-,...
<br /> . . ,.:, �,.y,}�,,..;•�,;t:;�. ugreesin writing to the payment o1'the rbligatian secured by t'hr lien in a manner acceptable t�Lender;(b)contests in gond `�;.,._�_,,•.,.,
<br /> � .��� ��.; • � �;' faith the lien by,or defends againrt enforcement of'Ihe lien in,legal pmcc�dings which in th•r Lender s opinion operpte tr �. ,{ •` �.;,-
<br /> �• ���� •' �' prevent the enforcem�nl nf the lien or Parf'eiwre af any pnrt o'P�he Property:ar(c)secures f'ram the holder af the lien an � ',t.�,�•`•�;..,;.v.__
<br /> ' :•�:�::��� anof °_
<br /> �'•�� ugrcement satisfactary to Lender�ubordinating the lien ta this Security lnstrument.lf Lender determines thAt any p •�-� �
<br /> , ., _ ��._
<br /> ' � the Property is subject to a lien which may attain p�fority over this Security Instrument. Lender may give Be�rrower a -•�-��w_
<br /> ,,.:.,
<br /> . • notice identifying the lien.Borrower shall satisfy the lien or take one or more oP the actions set fonh above within 10 daya , , _.__.�-
<br /> ....,:,,:,_.,,. T=:;-
<br /> :,;.�:' •. ' of'thegivingofnotice. ' '•:_�"f°`
<br /> �• � . S. H�rd Insumnce. Borrower sh�ll kecp the improvemen�s naw existing or hereafler erected on the Property 1_ � � _ _
<br />' ' �'��'"� � insured a ainst lass b fire,hazards included within the term"extended cavera e"und an ot her huzards for which L.ender
<br /> • ; .i:��:-:.. •, B Y B Y � ,#�:��
<br /> ' requires insurance. This insurunce shall be mamtained in the umountx s�nd for the periods thnt Lender requires. The _`v_
<br /> , ' • �r insurance currier praviding the insurance shall be chosen by Borrower subjec�to Lender'c epproval which shnll not be . � .-
<br /> ,.,'! •�t unreasonably withheld, ;-�'���~
<br /> :• �:,�.
<br /> `� �� '��:j�,•;,.� All insuranae policies and renewals xhall bc ucceptnble to I.ender nnd shnll include n standurd mortgoge clause. . ';'',�,'
<br /> . • Lender shpf�have the ri�ht to hold the policies nnd renewals. If Lender reqwres,Borrower shuU promptly give to Lender ••:'.��•�;;•,
<br /> ' � ail receirts af paid premiums and renewal noticc�. In ifie event of loss,Borrower shnll give promp�notice to t�e insurance ���:,�r��, ;_.,��,�,.
<br /> `�,-r�,,,, � . . :
<br /> � '��r.�.�. • � ., currier and Lender.Lender may makc pmof oPloss if not made promptly by Borrawer. �; . ; i�t::��';�;
<br /> 'i' '��, '-�` �" � �•j'�.'` Unl�sc Lender und Borrower otherwise ugree in writing,insuranc:e proceeds shnl!be appl ied tn restoratiun or repair .�• • � ''•'.'•
<br /> ��� .� . .•,.� , u�•°:. . ��.:4•S:,-...
<br /> .���.,�� 3 �'+,:�,� of the Property damaged,if the r4wtoration ar repuir is economically feasible und Lender'r tiecuritp is not lee:csened,If the }� , �F�,,.�+�ti,
<br />- • � • ' • restoration or repair is not ecnnomicully feasible or Lender's security would be I�sened,th�msurance praceeds shull br f ��., , �f s�.r•,.
<br /> � � �'�'� ,t� ' a lud to thc sur.�s secured Mc tt�is Securit Instrument,whether nr not then due,with any r�cess paid to Borrower.If ��,�`. ��=�+vsta•��
<br /> y ��.:... .,. ,�.,,.._..
<br /> � ?��t5�� • Bo�rrower abundons the Pro�rty,nr does not answer within 30 davs a notirr fram Lender thet the insurnnce carrier has S :� .� •
<br /> ,.�•�'� ;��'�S ' :;.�J„ offered to settle a cloim.ther�'en.fer moy collect the insurnnce pr�eeds.Lender ma�•use the pruceeds to repair ur restore '' •
<br />•:;: ::�� � �'';;�'�'.<: the Propeny or to pAy qums secured�hy this Security Instrument,w�he9her or not thcn due, The 30-duy period will hegirv , '� ;
<br /> ';;,.:..;' .,�;}�.''�• whenthenoticeisgiven. � ��� .
<br /> ° t, � , Unless Lender und&irrower otherwise agree in wnting,any np�lic�tion of proceedt t��p7mcipul shnll not extend or
<br />: .;•,,',. postpone�he due dute��f�he monthly paymen�s referred to in paragraph�1 and=�r chunge t 3�e amount of the paymentg.lf
<br />' � � under parngrnph ly the Property is ucquired by LenJer, Hormwer's right to an���nxurance�x�licies and prckeeds resulting
<br /> � ' � from dam� e to the Pro rt n�r to�he uc wsinon shull a�ti to Lendrr to the extem af�he rum4 xecured by this 5ecunt� .
<br /> :• ., @� P� Y P 9 P'.: . :
<br /> `, .,,,: Instrument�m:a���fi•rtely pnor to the acyuisuum. . ��
<br /> 6. Prescrvatioa and�tainten�nce nt Property;I.easeholds. &�rrow•er�hall not d�wern�.�amnge or substantialty ' .'
<br /> n
<br /> rhaagc the Propert}•.�Iluw the Propert�•tu de�eriurate ur commuµ�+xte. If�his S�urity Invrrument is un a leaxholc3.
<br /> � . &xrower ShoU rompl}with the pro�•is�ons uf ihe le•r�e.unJ d E�orrow�er ucywrr,iee mle a�the Pruperty,the leasehold nnd � ,'� .
<br /> fee titk shall not merge untcs�Lender�Rrees to Ihe tnerger in w•nt�ng. ,�`�
<br /> 7. Protection oi Lender's Qti�hta in the !'rope�ty; �fonpaRe Insurance. If lic�rr�wcr fails to �rform �he !,'
<br /> covenants�nd�grerments cunt��aed�a this 5ecuntc In,trumene.�•r�herr i.•r legal pn.r�li�gcG7at ma>�tiigmficanll}affect t 'r�
<br /> I.ender's nehts m�he Pronen�lsecr6 as� nrewredmR m bankruptc}�. pr�+t+ata. for condemazr.ion nr lo rnfi,rce laws or
<br /> � regul�tions),then Ln►dre may du vnd pay fi.r w hate�er��nerc�c�cp�a pratert the�ulur��f thr Prnpert�•and Lrnder��nghts ;
<br /> �n 1he Ptoperty. Lrnater'a acteong ma} mrluJe puymg un�� wmv.nured h} �l�rn wh��h hrs prwnt} o�er this Secunty
<br /> � Instrurt�rnt,appeanng m coun.paym�rea�.mahle atk�rne��[ee.and cntenng rn thz Proper�► to make repnirs.Al�huugh
<br /> Lender may tafcr actcon undrr this paragraph 7.Lrnder d�xy nut h:t�.e r.,do w.
<br /> Any am�iant4 dirbutsed by Lender under�hi.puragraph'�hall txtiamr addm�mul d�bc��i fk�rrawer.ctiured h�th�+
<br /> 5euunty(nstrum�n� Unlr«Horrow•er and Lcndrr agrre lo uther lerm�af pa�mcnt.�h��c amvunt��hall hear rn�ere�t fmm
<br /> the date uPdisbursrmrnt at �hr Vi�le rair anJ �hall P�r pa)ahlr, wnh �nt�nyt, u��n n��t�rc t'mm Lrndrr tn N��rmwrr
<br /> . . . rcquatmg�ymeot.
<br /> I
<br />
|