91105775 - Laserfiche WebLink

Browse

'�:F.-._ ' ._ ., �___ ' 4+�.^ ._ , ...:.>..._____ __ _ ->��,. � • ., .i�� ••�u . _ -;�Tu:�.�Yyfl�^ �-� �-� - � -T . ..._.__� .�4��''' , I — - u..___. �.:� .i i ti _�..-- ____ - - 91��2"d75 - �� TppE'[HE[t WITH all lhe improvements now or hercafler erected on the property.and oll eacement�.appu nanc . __ --- and flxturea nnw or hereufter a part of the property. All neplacements ond additions ahwll alsa bo covered by this Security -,. , � - -- I�etrument All of the foregoing is referred to in this Secudty Inequmcnt as the"Property." - _-.— BORROWER COVENANTS that i'orrower is lawfully seised of the estate hcreby conveyed and has the right to grant �°` and comey tho i'roperty nnd�hat the Pruperty ic unencumbercd.cxccpt for encumbmnces oi record. Borrower warrantr -- - �� wlll defend generally tha dtle to the Properry against dl cleims and demancis,Aubject to any encumbranees of reeord. _ THl3 SECURITY INSTRUMBNT com6ines uniform covenants for nationa! usc and non-unifarm covenwnw with - Umited variatioua by juricdtetian to constiWte a nnif�►rm security instrument covering real propeny. - ----;,,� UNIFORM COVBNANTS. Horcower and Lcnder covenunt and ngrce us fallowg: � P y�y � - ^ 1. I'ayment of Priacipxl Aad lnterest;Prepoyment and Lpte Char�es. Borrowcr shall om tl when due�he �N..- principal of and interest on the debt evidenced by the Note and any prepayment end late¢harges due under the Note. �j Z. �unda tor'lluces aad InsurAnce. Subject w applicable law or to a written waiver by L.ender,Horrower shall pay w �•-�..Q�' Lender on the day monthly paymcnts are due under�he Note,unti!the Note is paid in full,a sum("Furnds")for. (a)yearly luxes and nssessmenta which may attein pdority ovar this Secu�ity Inswrt�ent as a lien o�the Property:(b)Y��Y��h� ��°_,�- payments or ground rents on the Property, if anv; (c) yearly hazard or property insurence pmmiums; (d) y y -��jB,;t'�'�,,;;'�,� insurance premiums, if any;(e) yeazly moRgage insurance premiums, if uny; pnd (� any sums payuble by Borcower to �,,..;,�-;�i`' Lender.in accordance with the provisions of paragraph 8,in lieu of the peyment of mortgage irisurance premiums. These - ="°��' �$ items are called"Fscraw Items." Lender may.et any time,collect and hold Flmds in an amount not to exceed the maximum ----- •.._,„Y�-,�,:.,r amount a lender for a fedemlly relaced mortgage loan may require for Borrower§escrow uccount under the federal Real -L�era;..... Estete Settlement Procedures Act of 1974 as amended from time to time,12 U.S.C.§2601 et seq.("RESPA"),unless another — _.;,;;��y' law that applies to the Flu�ds sets u lesser amount. If so,Lender may,at any time.collect and hold Flmds in ar�wnount not to — -��-. exceed the lesser amount. Lender may estimate the amount of F�nds due on thc basis of currcnt data and reasoneble _ "`"�`� °' estimate.s of expenditures of fuwre Fscrow hema or otherwise in accardance with applicable law. '�' "��`. � The Funds sliall be held in an instiwtion whose deposils are insured by a federal agency, instrumentality.or entity _ _- �3-+�RK� � (including Lender.if Lender fs such an institution)or in any Federal Home Loan Bcu�k. l,ender shall apply the Funds to pay --�'�".�•`:,�:"��°�••� ihe�scrow Iterns. I.ender may not charge Borrowar for holding and applying the Funds,onnually analyzing the escrow � _�:�.,;;�� account, or verifying the Escrow Items,unless I.ender pays Borrower interest on the Funds und applicable law permits _ _�;�,, _, „ti..,. ,. „ Lender to make such a charge. However.Lende:may require Borrower to pay a one-time charge for an independent r+eal ��s�,� ; ;,• estate tax repoRing service used by I.endcr in connection with this loan,unless appliceble law provldcs otherwise. Unless an .- -.:�a�"� agreement is made or applicable law requires interest to be paid,Lender shall not be required to pay Borrower any interest or �:,-:�. :_--_ ;��j.��-""' eaminga on the Funds. Borrower and l.ender rnay ugrec in writing,however,that imcrest shall be paid on the Funds. l.ender ��:-_: ' '"��y ahnll give to Borrower.without charge.an annual accaunting of the Funds,showing credits and debits to the Funds and the ' K., ;�,.;,,� !�� •��,. purpose for which each debit lo the Funds was mnde. The Funds are pledged as additional secu�ity for all sums secured y -- .d.� _� " this Security Instrument. ;�� '" � If the Funds held by l.ender exceed the amounta permitted to be held by applicable law, Lender shall account to _ - �=-i�. .� Barrowcr t'ar t!u excess Feutds fi�accardance with 1hP requirements of appllcable law. If the amount of the Funds held by ";: ,�., .:Y,. , � Lender at any tfine is not sufficient to pay the Escrow Items when due,Lender may so notify eorrower in writing,pnd.in — �.;; such case Borrower shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the �^;=�� , " � ��_ deficiency in no more than twelve monthly paymems,at Lender�s sole discretion. __- -; ;.,; ,.K. . . ' Upon puyment in full of ull sums secured by this Security [nswment, Lender shall promptly refund to Borrower any _ '�R.. • .� . � Funds held by l.ender. If.under paragrAph 21,Lender shall acquire or sell the Propeny.Lender,prior to the acquisition or _- - ';�,;;�; sale of the Prope�iy,shall apply any Funds held by L.ender at the time of ucquisition or sale as a credit against the sums �;. °� � ' secured by this Security tastrument. '•" .� ' •":�P�'�" � ''' 3. Appllcatlon of Poyments. Unlecs applicable law provides atherwise, all payments received by l.ender under �,� -1 and 2 shall be a lied:first,to un repayment charges due under the Note;second,to amounts payable under �••X� ��_-z.;• �,�.�i.. paragraphs 1 PP Y P _ , .•., � , paragrnph 2;third,to interes�due;founh,to principal due;and last,to any late charges due under the Note. ;:,.�. � .r�•�;. . � 4. Chwrges; Liens. Borrower shall pay all taxes, assessments, charges, fines und impositions atMbutable ro the � - z��-."-. ,. ' Property which may attain priority over this Securiry Instrument,and leasehold payments or ground rents,if any. Borcower Y`''��'• ``�'"` • � shall pny these obligations in the munner provided in paragraph 2.or if not pald in that manner.Borrowcr shall pay them on �`:`' — `� `.ia.�Ck .._ `•.,' ':�r_.;, .;�,f,.o time dimctly to the person owed payment. Bo�rower shall promptly furnish to Lender all notices of c�mountY to be puid under �,,., "�`�'�� the a�entsh. If Borrower make�these payments directly,Borrower shall promptly fumixh to l.ender receipts evidencing — � ":i'i• : � p H wer shall prompdy discharge uny lien which haz priori�y over this Security Instrument unless Borrower:(a)agrees __ r�'=" �•"�'�� " °� in writing to the pnyment of the obligation secured by�he lien in a munner ucceptable to Lender;(b)contests in good fuith the �` '"' •'�`�•'' lien by,or defends against enforcement of the lien in. legul procecdings which in the Lender'.s opinion operute to prevent the = _ :�.'.. - ' •?' ._. � enforccment of the lien;or(c)secures from Itie holder of Ihe lien an s�greement satisfactory to Lender subordinating the lien _,;�. • ,`�y:". , ' to this Security Instrument. If Lender determines thut uny paA of the Property is subject to n lien which may attain priority �;��_ , • over this Security Instrument,Lender muy give Barmwer a notice identifying the lien. Borrower shull satisfy the lien or take � .'��" �. •k"� one or more of the actions set forth ubove within 10 duys of Ihe giving of notice. , . - �� ... 5. Hazard or Property Insurance. Borrower xhull kcep the improvements now existing or hereafter erected on the �_ ' • ' . Property insured against loss by fire,hazurds included within�he tertn"extcnded coverage"nnd uny uther hazarcls,including �3_- ' floods or flooding,for which Lender requires inrurunce. This insurance �hull be maintained in the umounts and for the � FMm 3628 9196 flaRv 2 nj6 rwResl .,` , , ` . ti: , .. ,. �.::r:;.r •a,:�.•�Vt��.,..::cas � , r 4 � .. o � _ . � ._..� . _ .._. __. .� .