|
� �T'�J
<br /> •r . _..
<br /> . . '.' � . ��K_
<br /> , ��; � l�
<br /> �
<br /> 'J�O��BR RII�!u ff10�[IIpNVdllqllt f10W Or�C1i0CfEd Ofl t�IQ��Y�V�� . .�
<br /> flxdu�a mw or hennRer • prt oP the PropeKY, All t+eploamenb md �ddiHaa slWl dw be ooverod by thfr Seauity
<br /> Iwwmcnt. All o[the foreQoin�is aferral w in thi�Secunity I�ummt a�tha'Pronerty."
<br /> BORROWER CQVENAIV7'S th�t Bonower i�I�whdfy aitod of tbe at�te heroby ooqveyad aod 1w the d�ht w�aa�t�nd
<br /> 000vey the Prop�aty md tiut ehc Properiy is una�a�mbenod. excep for encumbra�oP rocord. Borrower wunrw and wW
<br /> defend g�aiernlly 1he title to tLe Pnnpaty agairut al!cfaims and danmd�,�ubject w any encumbriu�cea of rcoord.
<br /> THIS SECURITY INS7'RUMENT oombines unlform aovenaua for national ucc and aon-uniform oovaw�u wW�Ilmited
<br /> v�rWbru by Jurl�dic�lon to conuitute a uniform�ecurlry inctrument ooveriaB rc�l property.
<br /> UNIFORM COVENANI'3.Bocrower nnd l.ender rnvepant and egroe as fc+lfows:
<br /> l. Puymeot ot Ptiedpd�ad Ida+�ti �'�p�9meat aad t.nte Chae�. Borrower ch�ll Pro�Y P�Y wbea due tbe
<br /> ' � principrl of and intcnect an the debt evidenoed by thc Noto and any prcp�yrt�eat and I�te chor�cs duc undu the Note.
<br /> 2. F�ndr�or Trutes apd f�e. Subjoct to opplicable law or to o written waiver by l�r, Barrower shAll psy to
<br /> i.rnder on the driy moMhly pxyments arc duc under tho Note,until the Nou ir paid i�full.e sum('Funds')Por:(a)yearly taxes
<br /> ud assessmonts which may attain prioriry over this Security Instroment ps a flen on the Propeny;(b)yeuly leasehold payments
<br /> or ground rrnts on the Property.if any;(c)yearly he�rd ur property insuran�c premiums:(d)ycarly tlood insurance prcmiums.
<br /> if any;(e)Yeuly mortgage insuranoe pmniu�. if eny:and(�any sums payable by Borrnwcr to Leader. io aceordnnct wl�h
<br /> the provisiau of pnragnph 8. in lieu of the payment of mortgage insuruxo prcmiuma. These items are called'F.scrow Items.'
<br /> Lender rnay.at any time. �Ilect and hold Funds in an anKwnt not w esceod the msucimum wnount a lender for a fedenlly
<br /> rclated mortgage loan may roquire for Borrower's escrow accaunt under the federal Itpl E4tate Settiement Procedures Act of
<br /> ;�,., ,,'*,y, 1974 xs amendod from Umo to time, 12 U.S.C. Section 2601 rt seq. ("RFSPA").unless another lew thet epplies to the Fwds
<br /> � ° aets a lesser�nwunt. IP so. l.ender mey.at any time. oollect and hold Fuods in ar�amount not w eaceed the lesser amount.
<br /> �`"• � Lender rnvy estimate the amount of Fuods due on the ip�sis uf currcnt data and nasamble es�imata of espenliturca of fuwre
<br /> :,,•.
<br /> ° " E�crow Ilems or dherwise in acoordw�ce with applicable law.
<br /> ' '" r�. 7'!ie Funds shall be held in an institution whose deposi�s are iacured by e feden! agency, instrumentaliry. or e�uiry
<br /> �. :, , .. . ._..,�.
<br /> • '•�•• (including I.eider,if Lender is such an insti[ution)or in any Federal Hame Loan Bank. I.ender shall apply thc Funds to pay the
<br /> '�•.°,.� � � � Escrow items.L.ender may not charge Borrower for halding and applyfng the Funds,annually w�alyzing the escrow skx�wnt,or
<br /> ; ;;;;� w� ���.�;��"F''�' � verifying the Escrow Items,unless I.ender pays Boirawer interest on the Funds and applicable law permits Leader to m�lce such
<br /> ••�� �� ���"'",�� � A charge.However, Lender may requfne Borrower to pay a one-time charge ior an independent real estate tax reporting service
<br /> Y '.4���+;`��t�: ..: ���" ! used by L.ender in conncction with this loan. unless applicable Iaw provides othenvise. Unless en agreement ia made or
<br /> `" ���� �T�•AY`��j;,;1,�;"�>�� � licable law uires interest to be d,l.ender shall not be uirc�ta Barrower an interest or earni s on the Funds.
<br /> ��, ���;�.r�'�� '�.."'a'',:., i aPP �9 Pei n%9 PeY Y �B
<br /> • .�;%'•;� u,�- � ' � Borrower and l.cnder may agree in wr�ting. however, thot interest shall ba paid on the Funds. l.ender shall give to Borrower.
<br /> ,;."' �j`.;: � without charge, an aonual accounting of the Funds, showing credits and debits to the Funds and the purpose for which each
<br /> .. �bii iu iiw Fwkly wiw Utadn.Ti►�FwKSs arc picxtgrcdi na aiiSitiuiwl�cx.�uiity Pui�ii�uon sc�urc�1 b�ihis Scx:uriiy(nsiiu�ii�ttt.
<br /> � � ;,,, �,_',S If the Funds held by Lender excead the omounls permitted to be held by applicable law. L.ender shall eccaunt to BaROwer
<br /> � • , for tha excess Funds in accords�nce with thc requircments of applicable law. If the art�unt of the Funds held by l.endcr at any
<br /> �� ' ° time is na sufficient to pay the Escrow Items when due.Lender may so notify Bormwer in writing,and,fn such case Borrower
<br /> � '-r � � ;, shall pay to l.ender the umuunt nocessary to make up the deficfen�:y. Bomower shall make up the deficiency in no more tlmn
<br /> � „ . � . twelve monthly payments.at L.ender'.r•uilc discretion.
<br /> � ° " Upon payrnent in full of all sums secureJ by this Sc�urity Instnimenl. I.ender shall promplly refund to Borrower any
<br /> ••;���,�:•,. .:
<br /> � `�•ti?.r.:.: .. Funds held by L.ender.lf, under paragrrph 21,Lender shul I acquire nr sell the Propeny,l.ender,prior to the acquisition or sale
<br /> . r,�;. .
<br /> � "'�>�����` • of the Propeny, ah�ll apply any Funds hcld by L.ender a�the timc of acquisition or sale ac a crodi�against Ihe sums secured by
<br /> �-: -�,...�..,��.
<br /> . �. '• .. this Security Instrument.
<br /> �,a. 3. Appllrntion of 1'aymenGv. Unles�appliraMc Inw provides otherwise,ull puymenta recelved b�• Lender under pnragrrphs .'_�•�
<br /> � ' . 1 and 2 shall be applied: fint, to any prepaymem churges du�unJer the Note:second, to umoun�s puyuble under puragroph 2;
<br /> ��; "�„��, . third,to intercst due:founh,to primipal Juc:und lar�,to an}�latc rhurgc.r Juc undrr the Note.
<br /> { � „ • 4. Charges;I.iens. Borrowcr�hull puy all tuxes,uxsessmcnts,churge�.fincs und impositions anributuble to thc Pr��perly
<br /> ' ., ; "" , which mny auain priority uvcr�his Sccurity Instrumen�, �nd Icakhold puynxntti nr grounJ rents, if any. Borrowcr tihull pay
<br /> _. ,__ . ,__ . these�ligation�in thc manncr provided in pnra�ruph 2,or if not paiJ in that munner,&irrower tihall p•ry them on time directly ti��
<br /> � . to the person owcxl p•rymem. Bc�rr�wer.hull pramptly fumi.h to L.�nJer ull n�Hire<<�f umount+u�be puiJ under thi.purugreph.
<br /> '� , �t, :A If Borrower maL:es thek p•rymemti directly, Borrower�hall promptly furni+h to l.ender receipt+evidencin�t the pa�ments.
<br /> ' " Burrowcr tihull pmmplly dixhargc any licn ahirh h•r,prioriry uvcr thiti Scrurin•Imwmcm unletiti&►rrouer:�a)agrce,in
<br /> . , _d ', ' writing to the payment of�he abligutinn�ccurcJ by thc licn in a manner acrcpahle ta Lei�dcr:Ib)camcu.in gaxl fnith the tien
<br /> - '•��'�� •:' by, �x defcnds vguin+i enforccmem of �hc lien in, IcEal prck�titiling. whirh in the I.cnJcr'. upiniun u�xr;��c to prcvrnt the
<br /> �'i��.'Z�, °� �;:�,�;,` i enfarcement of the lier,;��r(cl xecure+from the holJrr nf the lirn un ugreen�em+atisfactap• tu I.enJrr,ulw�rdinating the lien tn �tit,,'�;
<br /> • . �;y::::'r .,� this Securi�y Intitroment. 11'L�nder detcrmine+�hat an�•pan�if thr Pr�ipcnv i.,uhjeci tu u lirn���hirh ma�� auain priority�wer �
<br /> '�;` ` ;'� this Scruriry Imtrument. Lcndcr mu� gi�•c B��rr�►���r a nutire idemilring thr Ikn. &,rrowrr.hull `uti.fy Ux lirn or takr anc or
<br /> � ��i.
<br /> , '`�`�-�,ri. .. •• � more of the acticin.ret forth•rMn�e���ithin 10 day.ul'thc gi.�in��►I'�N�tire. �
<br /> •�'�`' �'.� form 3028 8190
<br /> J 1 r•1�'. �•� • ' v.pe 7 0�s t.
<br /> �• i:
<br /> r. . c • .
<br /> :,� , y
<br /> � s
<br /> `�" �, 1 ., . . . — . .. _" . ,,, --r .. ,:r . . . _ " . i!�!�7'�'���'it+:)�:'rii�i3'J'=+. . . . - .. .. . � � ••
<br /> .`:' ' . , . �.
<br /> �----
<br /> . . • . " -.. .. '--"—'—'_---�_._- .. . . -. �
<br /> _. �. . --_--"—. . . .. ... . ,_
<br /> ,� .,_ " „ , , '
<br /> /_ a � .. . ' . .
<br /> � �'" ,., � .. .�' ., ,. . � , .
<br /> �;� ,
<br /> ., .d�. . �
<br /> � — -_k '1� , .r:�:'�,7:'•y:
<br /> .
<br /> — � _.
<br /> --- — -- --- -- - .. _ ._ �� .ww:•_`ar-�
<br /> F . . --e}---- , - - --+--?— - - _- - '
<br /> . t
<br />
|