|
, _
<br /> �. r , ..�
<br /> .
<br /> 4 `j�. - '� _.- =i'- ` —
<br /> , ` . , �' , .
<br /> ,v.� ,�,. . .
<br /> ,..
<br /> � .. , � ' `98� = s�rsea . :
<br /> T066Ri6R Wi7'N�I tlie impievemmu tfow ot erateA on the properlY,rW a1 taKMIMiH iypurlaMacar
<br /> ' And tixtuta mw 6i heril�a a put ot tla�o�e�y. Alj re mimnnd��nE�dAiitlm��h111 tl�o 60 eavae6 bY�Nii&ecurilY., . . .. ,�
<br /> , ' i�InunrncM.AUoFdafott�ofaji�nferredwl- ntAfaSecuriryfneuumentudib"Properiy.• >:, ,
<br /> • BORRUWBRCOVF.t�lANl'9�hntBonowcrl�i�w(ailyseiwdoPthee:tue yconyeycd+u�QMy6a�lt��a�nt•
<br /> and cdiv,ey t�.p�p�q�y uid4ut die PropenY la unencumbercd.exapt f0{exum��of raotd. Bortowcr wrrrx�.�nd "
<br /> ' willdekndgenefdfyttie�tbto(he{'tolxny�galnstd►ddnuanddenund9,6UDJCCt10NyHM�'Y111M�IICHMkCMd�
<br /> TIii3 SF,CURTfY iN5[RUMBNT comb[na unl(am covaunu for rutiaul use u�d non•unifam avmux� wi�h ,
<br /> _.__,_, IlniludvuL�onaCyjur[sdicUon�omns��uu�uNfomisautltylnswmCntcovuingrcalpmpeny. ,.
<br /> IJNiNORM OOVBNADiI'9. Harowcrud l,ender coven�nt wl�irca Rs followr. ' - -
<br /> 1. Pa7mealatPtindp�l wd I�terpq PrepR7�peM�ad Lak Ctu�er. Bortowu slull aomdly peY when due�he
<br /> princlpalo[andintercuonthadebtevidaKedbyiteNotaandenyprcp+ymeetuidlaiechsr�esdaounder�heTiae,
<br /> 2, 6L�ds tor7Yxn iwd I�rana'•SubJai to appticabie low or to x wrltcen wdrorby Lender.Borrowec eMll p�y to
<br /> l.ender on�e�day nwn�hiy paymenta arc duo under Uw Nae,umU the Nao is p11d in fuU,e eum('ILnda')for:(�)yarty
<br /> tuw md assessmenta which m�y almip pAaity orer thi�Sceurlry(nsuument e�e Iien on�ho Property;(b)yeutY kaulatd
<br /> -- pAymcnte ot,ground rcnte on Ne Proptrty.if eny: (c)Yearly hazprd or propeny Insuruu:e premiums; (d) yeuly ftood
<br /> insunnce premlurtu, if eny;(e)yeuiy mon8ega iasur�nca prcmiums,if any;end(�any sums payable by Bortowu a -
<br /> Lcnder,In accordanco wiU�the provislam ot pnngnph 8.In lieu ot tha Wyment of mnngage insuruice premlum�. 'ItKSe
<br /> - item�arc called"IIscrow Ilems." l.enckr msy,at eny time,collen end Iaid Pomds(n on artwum na�o exaed tho muimam
<br /> amount a lender tor e kderally rclated moMBage loan may require for porrowulc cacrow eaount under the fedenl Etnl
<br /> L'stote Seitlemant Nocedurcs Act of I974 a�amended ftom lime fo tlme,12 U.S.C.�2601 u seq.('R6SPA").unles�another _ -
<br /> law�hat oppUes to tha Nnds sets a Icsxr enaunt. If so,Lcnder may,ot any�tmo,rn11at md twld PYmd�in an amount na to
<br /> exceu�tho lesser amwnt Lendcr may uUmato Iha amount o[Nnds duo on �he basis of curtent dau aM reasamEk -
<br /> �� '° eshmates otexpendimres of fu�ure&cmw flems or aherwlse ln eccordence with eppllcable law.
<br /> 'Iho PUnds shall Oc hcld in on ins�iw�on w6ose deposfu erc insurrd by o fcderal agency, tnsWme��aiiry,or en�ty
<br /> (including Lender,it Lender ie such en ins�iwtion)or in any Federal Home Loan Bank. Lender shall eppiy�Ge Fvnd�to pay
<br /> - the Cscrow Items. Lmder may not cAarge Boiro�rer tor holding end eppiying�he Fvndv, ennuaily en�lyzing Uw escrow
<br /> aaoun6 or vedtylng the Cscrow Irem+,unless Lender pays �ortower interest on �hu ILnd+end epplicabio Iaw permits _
<br /> --:�:;� l.ender to mako such a charga Howe�er,Lender may rcquirc 6ortox•er w pay e one•tima chugo Por an independent rea]
<br /> __— eslaie tax reporting serviw useJ by Lender in connxtion wl�h�Ais loan.unless eppliwb!c law provldes aherwise. Unicsa an
<br /> egrcement is made or appliwblc lew rcquirce intcrest to bc paid,Lrndcr sha11 not ba n�uircd�o p3y Bortower sny Intercst w
<br /> camin a on tho fimds Bortower end Lender may egmo In writing,however,�hat intcres�sha11 bo paid on U�s F'unds. I.endcr
<br /> shall g�Ye a Oortnwer,wi�hom cM1arge,en ennual eccounting oi the I'unds,showing credi�s end debita ro�Ae IOmde end�he
<br /> _= puqwse for which each dc6R to the FLn&was made. 'ILe I'unde aro pledged a+additional saudty for ell sums uxurcd by
<br /> ---%
<br /> - -r UdsSecarity�nswmcm.
<br /> _. . ..--,•�:�� It thc Punds hdd hv Lender exaed�ho amounte permhted ta 6e hcid by epplicable Inw, Lender sM1all aecount ro
<br /> ____ •,�7 Bortoaer tor lho excess FLnds in eccoN�nce with th�requirements of opplica�lc la�v. If the amoun[oi fio runds ocid'oy - �-�� ��-
<br /> .^��r;,.�; Lender el any tlmo le not su(ficienl to pay�he Pscrmv Items when du0.Lender may so notify Florcower in ariting,end,in
<br /> --_,.�� such exse Bortower shall pay�o Lender�he amoum necessery to make up�he deficiency. Dortower aLxlt make up�he �_
<br /> -°�;�a�r;+ de6cie�cy in nn morc than twe�ve m�mh?y paymems,nt Lender4 6oie diacrcHon. �—
<br />-';c�'�"i'i!"'(>5;¢ Upon yaytnen�in NII of all sums mvrcd by thls Security Instrument, Lender shall prompt�y nfund to Uortower eny "—���--
<br />�'�:��lts�i�1' I'und�held by Lender. IG under pu-agnp521, Lender shall ncquin:or aell U�e Propeny,Len9::,pdor to�he ucquisi�fon or , ��;:
<br />"y,Sj)J(G�;-� saie of Iho Property,shnll apply eny Tunds held by Lender m�he Hme of ncqulsi�ion or sale es e crcdit egdnsl�he sums `';�.. •�--�—'�
<br />"�ryfY•j`��„"; secundbythlsSecud�ylnahumene 'L�'r-'>;���„�
<br />`'.-'i�;rr?=•-! 3. Applicaflon o(Paymenis. Unless npplicable law provides othenvise, all paymenis rcccived by Lender undet �4;'�$ir,,��
<br /> ic
<br /> t+!rx�+=�� pyagrapha 1 and 2 shall bo npplied:firs6 io eny prepaymem char6es due under iho Note;second,to nmouNS payabie under �j�.; ��?j-
<br /> paragr�ph 2;Ihird,to interes�duo;founh,to princip�l due;ond las4 to any late chargea dur.under Ihe Note.
<br /> 3� � '' 4. Charges; Llens. f3ortower shall pny oll �nxes, acsessmcros,charges, fines and imposiilons atuibmnble ro the ,-�� ' rtt -:-_�
<br /> _ !}t��� p�p�ny which may atlain prioriry over�his Security fnswment,and Ieauhold paymeNs or ground rents.if any. 6onoorr - � t� _ �
<br /> �';� shnll pay ihae obllgations in�hu mnnner provided in par�gmph 2.or if not p�id 3n�hnt manner,6ortower shr.1l pay them on -_�, .�� .,-..---
<br /> time dircctly lo�hc person owcd paymem. Dorrower shall pmmp�ly fumish w Lend.r all no8ces of amaums a be paid under � ;: ., �;'
<br /> +S`[y` ..3i dils puegreph. If(forrower makes these paymenu dimc�ly,Dovower shall promptly Pomish to Lender rcccipis evidertcing -_�� 1 � .��y�_:
<br /> thc payments. '� -
<br /> �-� Borrower shatl prompily dischargc anp licn ufiich hu prioriey o��cr�his Scenriq•lnswm:o�nnless Uor.ower.(a)egrces '��,:� 41J �=
<br /> �� in writing to thc paymem of tite obligation securcd by the licn in n momncr aceep�able�o Lender,@)mntesie in good fnith�he 3 i'�,'•;
<br /> 1� _;� lien by,or Jefends egnins�enPorcement o(�he lien in,Iegal proceedings which in tM Lender's opinion opere�e�o prevent�he + - - _ ��n . ^
<br /> ,45 . �� cnPorcement of thc lien;or(c)secures(rom thc holder of ihc lien au ngreemem sn�is(ectory to Lender subordinating�hc licn h �� �
<br /> to�hie Securlly Inswment. If Lender detemilnes iha�uny pan of�he Propeny is subject lo a licn�rhich may euain pdority $� �t- tii'. ��:
<br /> � over this Secudty Inswment,Lendet may give 6ortower e notice identifying�he lien. Dortoo�er shail satisfy the lien or take F �-'� - i --=_�.-'
<br /> + '" onc or mom of the aaions sG fonh nbo�x�ri�hin 10 days of�hc giving of noticc. ' �' , ,�'-st ' _'.:":
<br /> j� ..'� 5. Fluzard or Property Insurnntt. 6orto�ccr shall kcep ihe improvements now existing on c�rcxf�cr c:cct.d on ihe '' - �' `; J��"
<br />.. ;N,�:�: Propetty insurcd egainst bss by fire,huards includeA wi�iin the iemi"extended carefage"and nny o�her hali�rds.including -.-�,?.;-. :;.
<br /> i�i- Iloods or flooding,for which Lcnder requires insurance. This insnr�nce shaii be maimaincd in �he amoants and (or the � � ' :
<br /> �.,. �:
<br /> e,. ,t��t�.
<br /> ,:l:;.�`_ ' FormJ018 9/90 fNF�1oJ6�ndn1 .. ..
<br /> .�i4:..�- ' �.
<br /> - �b�.J . , . .
<br /> �..
<br /> rN
<br /> _ -•
<br /> -.:..� —r--�__;----•--»-.-..�...-.� a,-<-_-:.-a+� . ir"'---- . ._ . - . .
<br /> . , _. ----�--..--+—�-.._-+-^----_•f-.; . . . . . . - .. . - ' .. '
<br /> _ _r_ _ - _ - . u _ . . _' . ' ' . ' _ ' ' � . . . _
<br /> �({ °:5-. . ' " / . � .. ' . .
<br /> . __' � ._. _.__._. _�.. _ _ __ __ _ _ _ __ __ _ _
<br /> _ ... � o . _� ___ _ .. . ._ , .
<br /> .. . . ..._ . . .. .� .. . � . . .
<br /> _ _ I
<br /> -S .. ' ... . _ - . .. . ' .. , .
<br /> _ i . . , . .. . _ , .
<br /> - f •i:' '.' .. ' _. . _ . . - .. . � .
<br /> Y. ' . . . . � . . . . . -' .. . - .
<br /> -/ .. . p . . .. , - . .,' . - � - _ .. -
<br /> `i-• . .) .. .
<br /> -t. rl'�� � . . — . I . . . . _ . �
<br /> 1 1 `
<br /> y , . .,
<br /> � ;� - . _ ... ' . ��; ' . . . .
<br /> � }s
<br /> ` _� ; � •
<br /> i � : " " . . ` - , . ' _ ` � '- ' {i f
<br /> .. _ �i. . .. � . � - . . - - . _. . 1 d. ...... _ . . .._. . . _ . . -41�-__. _ _ . �l
<br />
|