|
..c�"; � :� . . . : '_ _--
<br /> r��.t. .. ��� . , _._ . .__ -._. .. ._. _ _. --
<br /> :' �
<br /> i —
<br /> .— � . '_ ._._.__ _ _ .
<br /> . f "'.__ _.'___-_`_-•�°-_._. _.
<br /> .i.�= .
<br /> ,�.. _._�._��i_l..a.1.� ` _ _•'"_^ .
<br /> ' _ _
<br /> . -- - -- TooEi�iFR wrrH dl ff�in►pR,ver�ts naw ar be�tter.�xtCC1 un Ihn,xup�:«�,al���r,r hen�nca,
<br /> •nd flaw�a now ot I�fler�pul of the pnopaty. All repl�cat�ent�aM�ddlUon��i�ll alw be covend by thi�Seapriry
<br /> ------ In�awnau. /111 ot the fae�oiq�is Rferrad w in�his Socutity Inunuircet+4�he"PropertY•"
<br /> _ BORROWER COVBNANT3 Uw Borruwer i�IawPolly�elsad of�1�e atste hercby conveycd u�d h�r tha��ht to�nru
<br /> and oanvey tt�eprop�ty�nd th�t the Propaty ia unencumberod.except tor encumbrances of rocard. Barower wam�nts�nd
<br /> will defawl�ener�liy tlie dtk to the Propwly�insQ�II cl�irru�nd dem��ls�wbject to any encumbr�nces of rocad.
<br /> -�°---- 7'HIS SECURITY INSTItUM6(VT combiner unifortn coven�nlr far natfan�l use and nan•uniiarm coven�nts wit6
<br /> �-----------.
<br /> 1Leited v�riWons by ju�i�diclian to co�Wltute a uNfonn secudty inutument covain��eal ptope�ty. .
<br /> ' � UNIPDRM C�('iV6NAM'S. Aomower and I.cnder cove�nt and agne w follawe:
<br /> ,,�:'����+ 1. P�ymait of Prlacipwl�ad Interntt Prep�ymenf�d l.�te Cluu�e�. Somnwer clwll P�p�Y WY when duc�he
<br />-°�!+�= princi oi and intues�on the debt evicknced by the Note and any prep�yment and lato chuges due under the Nde.
<br /> `L-- � FhadA tor'1��aad laarance. Subjxt ta applicable I�w or to a written wAiver by Lendcr.Bormwer�hdl pay to
<br /> �� I.cnder on the dAy mon�hly prymente aro due under�ho Notc,until�he Notc is paid in f1dl.a aum("FLnds"1 for.(a)yeuly
<br /> __ — tcucea and�sse;ssmenb which rtu�y altaio priority aver thle Securiry Instn�meat nR a lien on the Property:(b)Yearly leacehold �
<br /> - - - pa�yiaenta or ground n�t� an lhe Propeny. if iny: lc)Yeady hazard or property insumnce premiums: (d) yeady flood ___
<br /> _ iasw�nce p�miuma, if any; (e) yesvlp mott�sig�e insw�nae prcmiums. if anY: And (� any sums payeble by Borrower to
<br />°°/.,�. l.e�der.!n sccondence wilh the provlsians of pa�gr�ph 8,in 4ieu of thepaymem of mortgage insurance prcmiums. 7Uese
<br /> �ir' �- itrnu sim called"Escrow Item4." t.ender may.x any time.colkct and hold fi�nda in an amount nat to exceed the rtwximurn r
<br /> __ i1 � -� amoant a lender for a federallY oeWded matg�ge loan may�oquire i'or Bartowerl�escrow account under the federnl Real �"`.`
<br /> - y��� Fst�te 3ettlement Procedwes Act of 1974 as amended fran timo to pme. 12 U.S.C.$2601 et srq.("RESPA").unless another _
<br /> s.j�� � law Uwt applia w the F�uids sets A lesser aaiaunl. If so.l.e�der may.at�wwy pme.cdloct and hold P�nds in an art�ount not to -_
<br /> . . ,: �.�,;.,'�;y �t; � exceed the Irsser amaunt. L.rnder m�y esumue the amount of Fvrds due on the basis of cument data and ocasonabk _
<br /> •,-:,, estimatas of expenditwies oi future Escmw Items or othenvise in xcadu��e witti npplicable law. _—
<br />"����. Ttie Rinds shall be held in an institution wiase deposics arc imsrued by a federal agency,instrumentality.ar entity
<br /> . ��:::: . '�' lincluding Lender.if Lender is such an institutionl or in any Federal f�var��l.oun Banlc. L.ender siwll apply the Funds to pay - _
<br /> �:• ��'.
<br />- . the Escrnw Iams. Lende�may rat charge Bomower far holding und applying the Funds.anoually analyzing tAe escrow �_•
<br /> .;>w accoun� a verifying the Escrow Items, unless l.ender pays Borrower interest on �he Funds and applicable law penriits
<br /> .. . �-' l x n d e r t o m a�e s u c h a c h a r g e. H o w e v e r. L e n d e r m a y�e q u i�e B o r rowe r to p n y a one-time c h u ge for an inde p endent mal �1•_
<br /> •�;�. eslate tax rcporting service used by Lender in connecdon with this laan,unless applicable law pravides otherwise. Uoless an �;�;:
<br /> _+'� ���;r�y,.�y�,::�,+ agroement is nwde or applicable law requires interest to be paid Lender shall not be required to pay Borrower any intcr�est or -�
<br /> n r n`,"'�'b.�' � �:�'�)y eamings an the Funds. Barrower and L.ender may agrce in wriling.hnwever,that interest shall be paid on the Funds. Lender ��
<br /> ��
<br /> �,�+�'`" ' � ;.;ri.� shall give to Borrower.withaut charge,an annual AccoutNing of the FLnds,showing c�dits end debfts to the Funds and the �•;
<br /> "; purpose for which each debit w ttie f�nds w�s made. The Funds are pledged as addltional security for all sums secured by a ;�
<br />'�y . .. this Securlty Insaument. . �'''-
<br /> •'- - '��` �+'��'' If the F�nds heid by Lender exceed the amounts permitted ta be held by applicable law,l.ender shall accoum ta . _
<br /> ••�.r. . _
<br /> ` .` � Botmwer for the excess Funds in accordance wlth ti�e requiremerns�f Applicabk luw. If the a�a+�wnt of the FLnds held by `
<br />- � .��t•� ,Lcader ut any time is not suff'�cient to pa3�the Escrow 1te�s when du�:. Lende�mav so notify�o�rower in wriling,und,in °_
<br /> " _ •_ ,-.. ,'�°~.." � . suc�ti case Borrower shall p:+�:to i.enc�er t�he amaunt ewvcssary to make up the dees�ienry. Borrower shall make up Uu �.
<br /> .. . '1� "'..:.�1o:t1�_ �l
<br /> '.,.�,;.,{,,�y,.��5���,;•,'�,� ck�F7ciency in no mare than twet�-e etan17i1y puymrnis,ua ILender'a sole discreqon. �:_-
<br /> � ' ;•, a r i;:s� � �.�;t Upon payment in full ot.�lG sums secured by�his Security Inswment,Lender shAll promptly refund to Borrower eny
<br />-_ �'�•",i1����?�'�`�.�Yt Funds heW b Lender. If,under ra QA �h 21.Lender shall ac uire or sell the Lender, or to the ac uisition or �:�"
<br /> , .. � ,: ..:. ,.?. ,•y�r . Y pa i� F 9 P�°PenY• P� q �_
<br />__ '�;?,�r.�i:��.:;f� ` ':: sale of the Property,shall apply any FLnds held by Lerder st the lime of xquisition or sale ns a credit ag�nst the sums
<br />-'° r ';°,�;;;,��kt„;�.;' ���}�+ secwedbythisSecuritylnstrument. ! �:
<br /> � f� ;���tii��'��s ". 3. Applkation of Paymenfa Unless applicable law provides othervvise, all payments received by I..ender under �`
<br /> -- ; �; ��:..�,�,r: .:�:r
<br /> �:: . . �o ��r;,�y, paragraphs 1 and 2 shall be s►pplied:firs�,to uny p�epayment charges due under the Note;second,to amounts payable und�r
<br /> - . ��t•r.�`"�°�'�'��"'�. 2;third,to interest due;fourth,to nnci al due;and last,to nn late char es due under the Note. �'•��-
<br /> , . .. ,..,•. . .� P�B�Ph P� P Y 8 �.
<br /> �'3i3' Liens. Borrower shall a all taxes, assessments ch es, fines and im sitions attribuwble to 1he �.=�
<br />��••.;r� � ''., t;.�':.��, .�:, 4. Cha��C P Y • � Po _-
<br /> __;.. S �`�YY',4;��,-r,,.:•�•�: prop�ny w�h;ch map attpie priority over this Security Ir.s�ument,�:d lc�schold paymc�ct�.,� g�owni rents,�t any. Borrower ��•
<br /> '�tti;:�� ' �'����'�"y `°" shall pay these obligations in the monncr provided in paragraph 2,or if nm paid in that manner,aorrower shall pay them on � '
<br /> ,� ` �`;t ,��`�t,'��►- ; time direcUy to the person owed payment. Borrower shail promptly fumish io Lender A�I notices of amounts ta t�e paid under ,.
<br /> � ?:1�(r4 s��;��;��;�3}�1�n�F t his parugra p h. I f Bomn wer ma k es t h ese pa y me n t s d)r ec d y,B o r m w e r.r h a f l p ro m p t l y f u m i y h t o L e n d e r r e c e i p t s e v i d e n c i n g �r��:
<br /> ;;;: . . ...�t�r.1ir '.,:�, � t�he payments. �,��
<br /> � ' ?i� ' " � Borrower yhall rom tl dischar e we Ilen which has riorit over this 5ecurit lnstrumedt unless Borrower:(a)o rees �
<br /> : ::r; ,�; P P Y 8 Y P Y Y B �_..,,
<br />- � 4° •��''''•"• in writin to tE�e ment of the obli ation s�cured b the lien in a mxnner acce table to�ender,(b)contests in ood Paith 1he �'��'
<br />— • '�• ��,.r. � :.,;:,, 8 PaY 8 Y P � _z s.
<br /> � .;��,M;+f�i� ��' :•; lien by.ordefends against enforcement of the lien in,legul praceedings which in�he Lender:�opinian operate to prevent ihe .�!.;�
<br />'��� `��'.}-�;���� :a enforcement of the lien;ar(cl secures from the holder of�he lien an agreemrnt wtisfactory to Lender subordinating the lien �61;,�
<br /> ' � � -�l•f '�l.' ��.�� ' , �iri
<br />, � , ��. ;�f� . to this Security Insbvmem. If Lender determines thut any part of the Property is xubject tn u lien which may attain priority ,��
<br />' � � �• •� ,;�, overthis Security Ins�rument,Lender may give Borrower u notice identifying the lien. Borrower shall salisfy lhe lien or take
<br /> '``� '?'+�"� � � - one or rnore�oi the actians set fonh above wi�hin 10 duys of the giving af notke.
<br />`���-�• �"1�_.;r. �.;�•• .� S. Ha:�ur�d or P�opeHy Insurance. Bortower shell keep the improvements now exis�ing or hereaiter erected on the �;,',!
<br /> - r Pr�perty lnsumd against loss by firc,hazards incluJed within Ihe term"extended coverage"and any other hazurds,including >•'
<br /> �' ' ?:=;
<br />, _ � .:,�,{�:�;a�•;;:�ep�.'s:�; iloodt or flooding, for which Lender requires insurance. This insurance shall be maintained in 1he amoums and for the � +;,;�•.
<br /> ��'.,,� ;tl7�r�,:1�. ,.:..t'T'z� �j':�,,i;
<br /> �; � �'k,�, S
<br />;:�, •., �,������1};�f�f`' � " .P Fana 3Y2Y 9/90 I�Re 1 nj6 pa�eal
<br /> -�� •j' '•':�jt�F��c�?. .t,�t,:�;i� •�•-
<br /> :�, +���'I,`'���J)t ,�`St��i .��•
<br /> -� .L ��`..4��,.A'�'+'+�� .
<br /> 1�M[
<br /> j '*Y}.' t',', _ •.A, .
<br /> - .S�Yp�.• �} , :7: •
<br /> � ` {q"��ii�Y)y�'���'�.S T ; ��r�
<br /> �t. �1� 1�� '/6:r';�f�.1.� �TI'��llr���1�W+i.anFY1��1►�'y'�i++�rJi�'1��1'•".l:S.^';i��E.CF/�����WM�:iM1'w.M![ ..'-�.cl�.a�..� ..�...lay�l;..: - .
<br /> ':b G ,�,+'���� �.�`���t�t t�� (,E,�,�ci:" .J,rF,.:��.� . • ,` ir.�l.p;.rp�.rt S..-".i�,ti.r �l�� . , , j •i' .
<br /> �e;,_a �l:�,_ t. .Y' �4ry.�i.ri.� -� .� ..LL�._L1`t�-.ie ',��'�iL,� � x_ .:�..._..,.. :1
<br /> � y._ ,` -- - -. -°• - -=--- ---=-=-------... __. �- --=-.._ �r — ... T----�---- _ . ___ ,_ _---• -----„ -
<br /> --�:. �.+ i_ _ - ' --
<br /> �. � : . , . . , � .
<br /> �.4� '_`::.Ci�a' .J _--y��.�.G'�L�i�r1�1�Iw` ' . • . , . ' ' . . . . .. _, . ,` �. .
<br />�-��- .• �.�VK'4—�'4�.A�� �- ._� , . . 1' ' .. . , .. � .
<br /> L� . �J�.'f 11••'�1 . � �� � .. - - ' - .. � " '
<br />_ . . .� . . � � . � , . .
<br />. �..��. � .`;� . I , . .. ��_�� .
<br /> �� '.;. •.�r. , „ . . .
<br /> �`,: a ,r..�:-;�± ���', ' , V . .. � �. . . _ ' - ' 1° . ,.. . ' � . : . ._ � �
<br /> f4 1 - ���� . • . � �• . � . .
<br /> . . . `�•� ,, � `�' .� . . . y�'AIr'_" �blti... .
<br /> ti 4 , i i°' . ._... „ „ � , j
<br /> " ' 1
<br /> • . �
<br /> ,'., � , r ,
<br /> G°. _ _ _
<br /> ;
<br />
|