|
�r � ._,._..�_�....�_��__._.._.m�......__.._ _ _.. . .. . . . .
<br /> a„___,�__ _� ,�.-�.�. -'� _-
<br /> = = -- .�Y �� r -� — — -- -- — ----- . - .. �� _... - _ __ : — _--
<br /> _ _ _ �
<br /> _ _ -� — � .." -
<br /> :�s; . _ , , . _ . . , •
<br /> —�.{ .�.:. � - -- _._ '_ �_ - . _-_--` --� ..- - =.`� - - ._: - _-- -.- - � -- - �- -- _���w_�il�_��l� ' -." `
<br /> � � : tJN1PORMCovENtA`I�1'is. Borro�rersodl.mde:t�ove�rtaadaStaasfolloMS: _ - - .
<br /> � }. �iq■�t�t�r�ei�l..i r.hn.� a�+Ia�e c1rr�. eorro�a slyu pr�omaIX�ar wi�m aue�
<br /> �en
<br /> , ' tl�epitiac�pa�af�ud'mca�atanthedeatevidmoedby�t c�NateandaayP'repeYn�rntaadiauch�ryesd�ieuedertbeNotG�
<br /> �u Barrowus6a11 paY
<br /> — — 2. I��f�rTacesa�ilswea�ea Subjecttoappliai6kLMOrtoswriaeh�raiverDyl.ender,
<br /> to I.mder`oa tbe day manthlg P�Y�ts are due vnder the Note.until the N`ote is paid in futi.a�sum("Eunds")09�� �
<br /> ' aaat�r�lb,d:ta)SnulY uus aud�u whicb msy sthiu priority over this Socurity Instrument; (b)Y�Y ,
<br /> {e�eboid pyments a�ed�rats on the Properey. if any;fc) YarJy h�zard insuraace premiumfi u�d(d)YadY
<br /> ._ � mo�tpje ie�aocs p�oiun�if�u►Y.'f6ese itans an calied'escroM itaas:"Leader msy atimate tbe Fundg due on the
<br /> b�sisofcurrmtdataardrca�ombleaamstes�futureesaraw it�s.
<br /> ������id in aa puhtution the aepo�ts oracauuats of which are insured or gw�uantad 6y a fedaa!ar
<br /> squ asertcy('u�cludins�ender if Lender s sach an i�stitution;.Lender shaU appty the Funds w pay t�e escrovir items. ,
<br /> - �. Leader may aot chac�e for,holdin�and aPP1Yip8 t6e Fw�ds,anatyzia8 the xcaunt or verifyiag the escrow items.unlas
<br /> �P�ri��a n►ta�st m ti�e Funds snd�pplicabk la�r permits Lender to maice such a cl�arge.Borrower and
<br />-:�;;= Lendes msy agra irt��vtitins that iataest sBall be p�id on the Fw�ds.Unfas�n agrament is made or appliabte taw .
<br /> - — tequim intuesi to 6e p�id.i.eader s1�11 not be re4Wred to psy Borrow�u any iaterest or earniags an the Funds.'i.ender`
<br />--= siallsivetoBorrowa,�ritboutclur�Gaamnu=IsecountingoftheFundsshowia6creditsandde6itstotheFnndsandthe ,
<br /> y� ��p�vpose far�hich each debie tot6e Funds�rss n�x1G The Fu»ds ara PiedBadu a�dirional security for the sums secured by -
<br />- ;• tmsSe�arityb�strumen�
<br />" ,..�.".. If the amount of the Funds hdd by L�eader.together with the futvte monthlY P�Yments of Fands paYahle prior w �
<br /> tbe due daus of the escmwi items.shsU exceed the amouat requirod ta pay the escraw ttems Whea dcia theexcess shall b�. _—
<br /> st Bormwds optio�.eiti�er promWty teMid to Hoirower or crcdited to Borrowa on snanthly payments of Funds. if the =�-
<br /> p� _
<br /> _ . atnasat of tLe Punds hetd by Lender is not sut6cient to psy tLe�sccaKr iRems whett du�Bormwet shall pay to Lender anY 4_.-=_-
<br /> � amoant nec�scuY w make up the deffcienc9 in oae ar more paymmts ac roquirod by Leader. ,r—
<br /> - -- iJpOn pak�ment in fal!of aU swns securad isy titis Security Instrament,Lmder shall protnptly rdund to Borrower �:;��_-.�
<br /> any Fund�held bF I�n�r.IP under P�B�Pb 19 the PropertY is sold ar acquired by I.ender.I.ender shall appty.ao later h:��=----=---
<br /> than i�mediately prior to the sale of tl�e Property a iu acquisition by Le�der.say fiw�ds hdd by Lenckr at the time of �-::_=
<br /> a p p t ication sis a credit a g a i n s t the sums savrod by this Sec�ity Inswmrn� ��__--�_
<br /> rn ts r e c e i v e d b y L e n d e c u n d e r r "'�
<br /> � �ip�a(psy�esq. Unless applioable taw provi des o t h e t w i s G a l l paym � < -
<br /> , � - ' par��raphs t and Z sl�ll be sy�pliad:fiist.to Iate charges due uuder the Not�second,�to Prcpayment chasges�due uader the - ;'`'�
<br /> z; _ - ._Notethirdtoamouniapayal�le�dergua�apbZ:fouril�toiaterest�du�andlast�topsineipaldue�;_-= - t� •-: { _
<br /> 4. �I3e�s. Borrower shall pay sil ta�ces.assesstnents.efiarges:finps_si10 impa�tiro�attribatabtc to t1�e. . ,.?- ,
<br /> " ` T Property w6ich rnay at4ain primrity ovet this Security'Insttnment.'and leasehold payments ar gaund rents. if anY• _ ;
<br /> •.' • Bonowu shall pay these obug�tiuns m the manner provided in paragraph 2,or if not paid in that manner.Borrower shall �;�.•,.;si... •';
<br /> - � psy them an time disectiy to the petsan awed p�yment.Boaower shall promptly Furnish to Lender aU.notices a�amounu ;V''}"" `
<br /> ;�-,�,r,.
<br /> ' }-;: to be paid under t3us paraBtxtP1►-1P Borro�er malces these payments diractly,8oaower shall ptampdy fumish to Lender T 1 _
<br /> :_-�`r._
<br /> � recapts evidencing`sbe payments. • '`. _
<br /> +�� •Borra�a slr�ll prompttg diseliar8�any iiea which lsas prioritg ocer this Seeurity Instrusnem unlesg Borrowec:(a) �• `:=• �.�>.,.*
<br /> -,��.,.
<br /> : ,e. ° - agroesia writing toth�PaYment uf theoblig,adaa secured bYShe lien in a manner accePtable to Lender;tb)comesu ingooci . . _ .,�;�;�_.,
<br /> . ;t. �. .., .'•
<br /> fait6 the lien by,or defrnds agaiast eafunemeataf the lian in.legal proccedings wbich in the Lendec's opinion o�erate to :;.,-,�,�.�;, ,,..
<br /> -.a�;= � prevtnt the enfoicement of the tien or forFeituce of aay part of the Prop�rty;or(c)secures from the holder of the lien an �;tY'�:-.: "; -`
<br /> � _ _ -:��•. a������s�ry to Lender subordiaating the lim to this Security Instrument.if Lender determines that aay part of, ,
<br /> �� the P�operty is subject to a tien which may attain priority over this Security Instrument,Ixnder may give Borrower a �
<br /> A:,�., notice identifying the lien.Borrower shall satisfjr the lien or take one or more of the actions set forth above within 10 d3ys ,
<br /> , :'� �.,". of the giving of noticc. � . . . -
<br /> ip�� S, }Iar�rd I�arnnce. Borrower shaU kcep the improvements now esisting on c�reafter erected on the Property
<br /> ,•� insurod a�ainst loss by fire,hazards inoludal within the term•'extended wverage"and any other hazacds for which Lender , ,
<br /> � +�: requires msurance.This insurance shell be maintained in the amounts and for the periads that Lender rcquires.The . .
<br /> . ��"'� � �y,��"., insurance carrier providing the insurance shall be chasen by Borrower subject to Lender's approvaj which shall not be .
<br /> • .:�.,;r::: �r nnrrasonably withheld � .`.;-
<br /> �� `�=: • All insurance policies and.renewats sl�all be acce�table to Lender and shaid in:�ude a standard mortgage sla�se. ,;�•�.,:,
<br /> I.atder shall have the right to ho]d the poli�ies and renewals.lP l.ender requires.Borr�uu�er sha11 pramptCS give tv Letider ,
<br /> • all recelpts oi'paid premiums and renewal naiices.In the event as lass,Bonower sha1T give prompi�r�ti:x so the insurance . .
<br /> ' l, � �• carrier and Lendec lxnder may make proof of loss iinot made promptty by Barrawer. - .
<br /> • ��"�� , Unless�.ender and Borrower oiher�vise aga in writing.insurance praceeils shall be applied ta rcstQration or repsir . �»'i_
<br /> ; .�: ' of the Pro�rty damaged,if the restoration or repair is econamically teasible and LenAer's security is nat lessened.,lf'the . -
<br /> • � ' restoration or repair is not economically feasible or Lender's security would be tesse:�Pd.the insurance proceeds shall be � �
<br /> � . .�,-, : spplied to the sums secured by this Securn+ty Instrument,whether or not then du..w"sth a»y eacess paid to Horrower.IP �
<br /> � . w abandans the Pr ,or das m9s answer within 30 days a notice from�.ender that the utsurance carrier has � .
<br /> . � ' A�z�.1 � Borra cr �rtY
<br /> : :;f - -� c,�'erc�ta seii�e�cl:isn.ihes:l.ettct�•-maY^�It"!'t th�incurAnce Qroceeds�.�.ender may use the proceeds to repair ar restore __
<br /> . ' ' �.��3;j,. �:, ' tE�e Properiy or to pay sums secured by this Security tnstrument.wheiher or not then due.The 3t}-day period w�-11 begin f�
<br /> ,�- .,• ., . wlsen the notice is given. '
<br /> . • • ��.�.,�,,.. Unless Lender and Bonawer otherwise agree in wrising.any application af psocecdy t�principa]shal}nat extend or j . , .
<br /> - =_•� • meats referred to in ra ra hs 1 and 2 or chan e the amvnnt oP the ayments.If C
<br /> -�� k:r. • posipone the due date of'the monthly pay Pa 6 P � p E
<br /> • '�*��'•-�"'>�� vnQer paragrapb l�f ehe Property is acqu'ved fiy ixndet.Horrower s right to any insurance policir.c and proceeds resulting � .
<br /> z,..w�=�, .
<br /> ��,�, , from d a mage to t he Property priar to t he a c q u is i t�a n s h a l l p a s s t o L e n d e r t n t h e e x t e n t a f th e�ums secured b y thiy Security i
<br /> _t=_,,:••. : Instrument immediately prior tv the acquisition. `'
<br /> �;• '�- �� 6. Praenalloe��1�ietee�nce of Pra�erty;Leasei�olds• Borcower shal!not dcstroy.damage or substantialty �
<br /> �. . � change the Proparty.allow �he Property to deteriorate or commi�waste.If this Security lnstrument is an a lrasehold. ;
<br /> � • ; Borcawet shall comply with the provis�ons of the lease.atcd ii Bonower aequites fee titic to the Pmperty.the leasehold and i
<br /> � • fa title shall nat merge unless Lcnder ngrees to the merger in writing. ; •
<br /> ;:�':'�.�� .. 'f1 Protecttas ot Leede�s Rl�hcs in the Property: .Nortg�Re Iesusaece. 1f Borrower fails to {+erfarm the
<br /> ,.�.. . -.,.._ _ ' , coverwnts and bgreements contained i»this 5eaurity lnstrument.or there is a legal prarceding that may signiftc�ntly affrct ;
<br /> ' ,�. : � Lender's tights in the Property(snch a9 a proceeding in bankruptcy,probate,for condemn�tion or to enfarce laws ur ; . •
<br /> ' ' ,�' '. - " regutations),then Lender may do�nd pay for whaterer�s necessary to proeee�the value of the Propeny and Lender's rights !
<br /> � • in the Property. Lender's actians may inciude paying any snms secured by a lien whirh has priority over this Security ;
<br /> �+� . . �� Instrument.appcaring in coun.paying reasonable attomeys fees and entering nn the Ym�+cr�y to make repairs.Althon�h �
<br /> � �`' . Lender may take action under this parngraph l.Lender does nat have ta dn sn. • •
<br /> �� `'� �Any amounts disbursed by Lcrtdu under this pasagraph?shall become sdditidrtal debt of 8orrnwer vecured by thio . �
<br /> '�=� Secndty lnstrument.Unless Boaowu aad Lendet�ra to nther terms aPpayment.these amounts sha116ear interest from
<br /> �f�,-�___�-_.. the date of disbucsemeni at the Note rate�nd shall be payable.with interest. upc+n notice from Ixnder to Borrower
<br /> ,. . _ _ _ _ _ .
<br /> ,._.__. _:. _ _ .
<br /> ;�`..�_.�
<br /> , -�---- " requestln8PaYment. .
<br /> ;. . .
<br /> _ �::� ^ ' . _. _ _ � i.
<br /> : :�Z . •
<br />- � jy_ . ' _ . - . . ' . . _ . _ . . � .. .
<br /> .. L.r'r-�. . . . ' , . � i... , _^
<br /> i.� .
<br /> • " " ' ._ ._ .. .. .. . . _ . _ . . _. � -_- --_.__' . ._ __. . .
<br /> • ����:��:�-.1:. .
<br />
|