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93105698
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Last modified
3/9/2012 3:52:03 AM
Creation date
10/21/2005 12:02:47 AM
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DEEDS
Inst Number
93105698
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BORROWFA�QOVFd�IAI�'£S tbat Bo�wvrr is Ia�Fully sa.sed gf th�e�ate lrady oo�tveyW md I�s�nabt�o paat�id` <br /> � , 000v�y d�e�'eop{�ty aod d�t the Pio�arty is a�vmi�aec�,eacept for eocnmb�anoes dP tt�oad..8orrovra�varr�ts aad�n'il ` . <br /> � defmd gpfe�atiy d�e tide to the Propaty ag�dnst all d�uns snd dantods,su6jax to a�y eoaunbr+ndes oF r000td .. <br /> _ �5ECt1B1T�f INS'i�d�NT�`nn3fas�n�ova�ats fi�.n�tian�l vsF ai�a�n-ttnifaetu�oveotiMS�►Tiaw�: <br /> � ��- vari�Eions by j�i�xfpn to Co�t a n�orm se�airity►�t ooverrng rr�t p�vpaty- . _, <br /> . III�i C�OVBt�tAN'1'S.,�ver aod isodrr oovm�nE a�aig�e��fdbws:_ . . <br /> � ` . L.Pa'�eat oi ltl�cipd�i Liaa�`Re�!A1�t aid Wte C�.Borrowier sp�11 PminptlY•[�Y wbea due the <br /> p�oci�t of aod�iataat aa tbe c�6t evideac�od by t6t Note aa�oty�mxntaodf�oe d�doe unda the Nat� � <br /> � � Z.Friis tar Tata ard Lalr�ce. Su�joct to appiicable!aw or to a�vritoen waiver b�r i.eader,Bomoac}�ah�U psy_to � - <br /> . i�ada on tbe dry moa�Wy�aymeats ue due nedqc tix Nae.nnd'1 the Note is p�id"m fo11,�t sum(`Fmds7 for:(a)YariY t�ues • <br /> , •.- ad��rbich�asty atpdti prfo�ity averthis Seauits►,�ntiheat�a iien oa tbt l�opeity*tb)Y�Y.�P�3� � <br /> at gt+outd t+eets an tlie Pmpe�ty;it'aay;(c)YeutY�ard ot pmpe�ty ins�nanoe p�emiums;(d)yearly Qood�awtAnoc p�aniwms, , <br /> � if any;(e?Y�Y����P�•if any:ard(t�an!!swns p�ayabk by HarrowArw�,in a000�d�nae a�it6 <br /> die Pmvisions of.P�8,in lia of t►�Pay�uaat of m�rtgage iac�r�noe�.These itaa�ate ctilled"Escmw Iums.' � <br /> L�eada may.at aaY time.collect aad 6old Funds in an awaiat noE to excead tbe awiupuro�amouat a k�der tbr a fede�Ily ' •, <br /> , . c�elated mott�z laaa may reqtiire foc R�rmwer'�escrow a000unt�mder tbe fedetxi 1�E�te Settlemeat Pmoeduces Act of . <br /> ' �2974 a�ended fmm time tn t�,12 U.S.C. Secbiao 2681�a srq.('hESPA�),mdess�r law t�sq�lks to tbe Fondg '• <br /> - sets a losset ainouet. If so.;�eder a�ay. �'�y ame,ao[�ect aod hold Funds in an amom�t not w axceod d�e le�sse�sunoont. <br /> . -L�eadet mry�tbe amo�urt o�Fonds d�e oa tbe basfis of�data and iraso�ble�of expe�diu�+es of fimme <br /> Fscmw Items or ut6ecvvLse in axadanae with applicable law. ' • <br /> 7l�e Funds shall be t�eld i� an instiwdon wltose deposits at+a it�suned by a fedetal agency, iastmmaaa�it� or a�ity <br /> ' (iaclud'ing I�ender,if I.ender is such an iastitutian)`br in any Fedewt Homc La�ann Bank.I.ender shaU apply d�e Fmds w pay the <br />— - _ Fscrow.ltemg.I.eoder may mt cbazge.BomQare�for haldingaodapptYiuB�Le F+mds.mmuaUy aoaly�iqg tGe esa�nw�o�auat.or. -. -- <br />- verifying the Sscrow items.unless l,ender pays Borrower intaest on the Funds and applicable!aw pemtits I,ender w�malce such � <br /> -= a charge.However.I�oder may nequire Bormwer w pay a on�time c6arge far an i�tependetu reai estate mx reporting service <br />� - nsed hy Lender in conrtection with this luan. imfess applicable law pmvides otherwisc. Unless an agreement is made or <br /> applicabte law irquirts intere�t to be paid, l.endet sl�all rtot be t+�quitedm�lay Sottawerauy int�st os eamings on.du Fwids. <br /> - BorR►wer aad l�ender may agroe in writing,howtver.that interest shall be paid on tlte F�ntds.l.en�er sf�all give w Bprmwer. <br /> = witlaut cdarge. an annua!accouiui�ig of the E=ands.shawmg credits and de6its m the�uids and the ptapas��for which each <br />--_ debft to d�e Fands aas aiade.The Funds are pledged as additioiral sepuiry for atl sumc secured by this Security Instrumem. � . <br /> = If tbe Fuads held by I.eMer czoeod the aawnnts pennivad to 6e held 6y appUcable law,l.cader shaU acentun Lo Bormwer <br /> '� for the eacess Funds ia a000rdance with the trquirements of appticabfc law. If the amoant af the Funds held 6y irender at any <br />— time is not snfficIent to pay the Fscrow Itemc when due.Lendes may so aatify Borrower in writing.and.in sucb case Borr�nwer <br /> -` sball pay tQ lender the amount..necessary to malce up the deficieixy. Borrower shall makc up[he def�ciency in no aare tt�an <br /> twc�ve inpmhly payments.at Lender's sole discretion. • <br /> ` ' � Upon paymem in fuf! of all sums seaued by this Security Ir�stnsntent, lxndcr shat! promptly refund to Bomawer a�ty <br /> - Funds held by�.ender.lf.under paragrapb 2t.Lender shal!acquire or setl the Property.Lcncler.prior to the aoquisilion or sale • <br /> . of the Property;shaU apply aay Funds deld by l.cnder at the time of•acquisition or sale as a cnadit against the swru sectired by <br /> this Socurity lnstrument. <br /> - 3.AppNcation af Pl�yments.Unlesg appiicable law provides otherwise.aIl payments received by I�ender under paragraphs <br />.-*. , 1 md 2 sha116e applied: first.ta any prepayment chnrges duc under ti�e Nate:second.ta amaunts payable under paragraph 2; - <br /> - third.to intercst due:fourth.w principal due;and la�t.to any I�te charge.c due under the Note. , - <br /> = 4.Cl�ges;Liea9.Barrower shall pay atl taxes.asses,s�nx�.clmrges. fincs and impc�sitions attributablc to the Prope�ty • <br /> - which may attain priority over this 5ecurity lastrument.and teacchold paymen�g or ground ren�s, if any. Borrower shall pay = <br /> � ' these Qbligations in the manncr piovided in paragraph 2.or if not paid in that m;�nne�.Barrower shall pay them on time dircctly <br /> ' w the petson owed paymcrrt.Borrawer sha11 pramptly fumish ta L,endcr all naticew uf amounGs to be paid under this paragraph. <br /> . fi Borrower malces these paymenu direclfy.Barsawer shal!pramptly furnish ta i.ender reseiptti evidcrrcing thc puymen�s. <br /> _ Barrowec shall pramptly discharge any Hen which has priarity ovcr this Security lnstrumcnt unless Borrower.(a)agrces in _ <br />-"` writing to the payment of the obligation s�ured by the lien in a manner acceptable to l.ender;(b)comests in goad faith the IIen <br />
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