|
,�t � .. . ,- -. , - a. ,,,,i: _s�:.•. — _ , . . Z _--
<br /> .s ��- � � i _'.-:.;<-"=-- ' ' ' • --�-
<br /> ._: `.. ' ' � � ':.; "� _
<br /> •, ;�.;! s:-:�r - - - ..,.
<br /> . .i
<br /> . �F tt,�- ' -- ' " —'-----.--.." . ----- .
<br /> _�`�`:,�;. ' ,�� ' . �����v `���
<br /> - mw ar Aenyfter ezatod on We pmpesty.and all e�enrems.�.�
<br /> 1!p[3g1�IBR WI'1'�1 aIl d�e imipro�►m�ents —
<br /> �:� B�RUies noa�,,or hecnRer a p�t.of eha pmpelty. All �Qtaaments aad additioas,adll atso ba wvecod by tt�is Seauity
<br /> - IiuG[us�eat.All of the foiegoiD$iS t�eftaed W iII this SoNrity inctnar�t as the'Ptopect!►-' .
<br /> flORKUWBR COVENANTS th�t Bonower is tawfuliy seised of tGe e.state he�+eby canveyed aad 6ps tbc�gbt w gruu aid
<br /> _ �` aanvey the Pi+opertY a�that tbe Pmpetry is�,eacoept for eacumbr�dces of.roa�rd. Bomawer warrants and arill �_- _�-
<br /> - defeod geaeralty the titIe ta Nw P�oPoRY against aU ci�img and den�nds,subjett to anY encumbrances of recard. . �,��_
<br /> ��; TE�S SECUItITY INS7RUMEI�tT oombi�s unifotm eovenants for national use aod<aoa-uaifo:m covenaats with limited ��.�_---
<br /> �_"�?-��= --
<br /> - - vuiadaaQ[fy,I�etion W caastituu a uniforen security inswarent covering�eat pKspetty. .61fY.�:���..
<br /> --- -_ - , UNIFOItM fAY&'�AN'!'S.Bomawer and L�der oovenanE�uud agreti as fpllows:. � �""' - -
<br /> 1.
<br /> p�y�mt ot PNedD�t a�� �Pa!'�t� L�te tbaeges. Bormwet stu�tll pcomP►�Y PaJ1 ahen dae the i���
<br /> �'•� �; principal of and intScest ua ttiee debt�wideaced by the N�e a�an}pcepaymeot aab latc ct�atgcs due under tIte,Note. _ _�T.,� _
<br /> : . �`r-.. PaY �5:�-:._ �
<br /> 2.�bq4�.for,'iaies aa1 Iasm�anoa Sabject to applic�ble law or to a arittea waiver by Lender,Borcower shal! w - .,�
<br />. Le�te�up the day.�n�Y PaY��are due under tbe Nate,vnnl4he Note is paid in futi.a sam t"F�nds")for.(a)yearly tues .���,
<br /> :• _,:....s-n��Q
<br /> - . aad a�s.aluch may auain psiority aver tt�is Seniriry Iastrument as a l�en on tbe ProPeKY*N)y�Y leaselwW PaYments �'- _.:,_ .; :
<br /> , ar gcoun�nents oa tbe Pmpeity,if a�sy;(c)YearlY b�ar�rd or pmperty msuranoe premiums;(d)yeartY fload insurance premit�ms. �:_'.: _:.'L:..-�s:°:��:
<br /> ��'s:�-- mmi�mc if 8n ;and(fl anl+sums-PaYabte by Bocruwer to l,eader.it1�ootdauee widt :, +-,r,;�.;,,:-�•;.
<br /> � --�. - if�c►Y;.�e)Y�Y��c insaraace p �_. Y ,_-..-,.,^; ...,.� _
<br /> � , "�T _• the pmvisions of parag�aph S,in liea of tbe payruent of mortgage.insutance Pe�mit►ms.These items are calted'Escrow Items.' ' '"- ,_ ;.
<br /> -._�'' � I.eodqr may.aE anY timc,coltest and hold Funds in an amount not ta exceod t6e rna�imum amount a le�t fur a fede�allg �!�__°. 3_;
<br /> _-?�;�`,� �;`,
<br /> -� ;� ndated mongage taan may s�e4mre for Bocmwer's escrow account w�der the fedetal Reat Estate Setttement Prooedures Aa of :.s,��'�:
<br /> `�..: . 1974�.s au�ded frum time to time.12 U.S.C.Section .2601 et seq- CRFSPA',untess another law that aPPlies to the Fund3 - , ,s�:
<br /> . :;;Y�._ . . .- -
<br /> "_:`�,..�;..;,, sei.s a tesser amo�at�If so, tender maY.ai any time.collect and hold Funds in�s aniouai not to eaceed the lesser amount. _- -
<br /> '�.::- _ � I�ender may�the amaant of F�mds due on the basis of curtent data and.reaSonahle estimates of expe�lditu�of futuie . =�_�
<br /> - �:,� : Escrow Ite�or otherwise ia accordance arith applicable taw. - .. _ , _-.
<br /> T6e Fu�s s6a11 be held "m an iastitution whose deposits are insured by a federal agency, insaurr�eatality, or cntity• �� ' � �:.:• r----
<br /> . . ,. r
<br /> `,.,. � �;�-�: '('uuluding I.cndet,if tender is sach an institution)os ia a�r Prderai Home 1.flan.Baa1c.l.ender shall apply the Funds to pay the _-_ `_ _-:r�.-
<br /> . de_ "
<br /> . ,r .. --�` .._�.:�;
<br /> � "��;.::-."`:ti,'.;'•�. F s e c s o w I t e m s.I�e n d e r�a y.�t c h a r g e B o r ro w e r f o r h o 2 d ia g aad a p pl y in g the FunAS.annually anatyzing the escrow accouat,or ', -.,,::_
<br /> . �Y,
<br /> �� . . - . . , ce�ifying the Esctow Itemsr entess 1.er�der pays Borcower interest on the Funds ond applic�able(aw permits Lcnder to make suc6 ;��: .'.' , .,. �=
<br /> t�f� r ;+-=�'--- e for an inde,pendent real estate ta�c t�eportiag service ,� �`°'
<br /> � •. • a c h a r ge_H��e ver.I.ender ma y r e q ui�Eo�rower to pay a aac�tm�e dtarg ; -
<br /> ",.;, ��f �in connection with t�s,Iuan, un2ess applicabt4,1aw provides otherwise. Untess an agreement is u►ade or
<br /> .t. i:... � , ��
<br /> �'�'`"� ' : . . �ps�iaw requi�s interest to be paid,Lender��ot be requue�to pay.Bomower aay intecest or eaminSs on ttte�ands. ��,;.� . . � � .Y
<br /> , . . ,::''"f. �' .`` � .
<br /> : -r-.; ;,� . .'�.
<br /> .�?.;
<br /> �w.-�w e r and Lender ma y a g r e e in writing,howe�er,t�at interest shall be paid�m the Funds.l.ender shalt�giYE to Bocmwe�, :� ,, ,.:.
<br /> ,fr.'�;:.,. ��, . ai��c�uge,an annual accounting of the Funds,s'towing credits and debiis to the Funds and the pucgase�or w h i s�e� . �.:�>
<br /> � �*'�.�: : de€s:t ra tiie t'r-rends was made.The Fumds a..*e ple�ged as additional securiry for a11 s�ms secured 6y tbis Seauitg lnstru�s:r.*. •�;:: . i ,-;�. -
<br /> •'� , • � IIf tib.Fe��ds hetd by Lender eaceed c�ae�unu permittcd ta 6e held by applicable law.Le�der sha11 account tn Batr¢�ei C;:;;�,� ,' r�;,w i:. :
<br />' . ,�",`:'; ,. .: :,, ,
<br /> ;-,� f4F i�e,e�ess Funds in�ccordance arith the requirements of applicable law.if the amount of tre Funds hetd by Lender at any �;, '' ,_�,,
<br /> . '>.,°, :�'.. '. .
<br /> ;�'�•.'. ,', . : . � t�.is not sufticient to pag che E.scmw Items when dQe,Lender may so notify Sorreswer in writing.and.irt such c�se Boriower '
<br /> : S;~;w;« • .. �ra?F�aY ta Lender the aa-nEa:,-�a necessary[a make ag c.�e deficieacy.Borrower sfr�l make up the defecieacy in no more than �;�:�� ; . ` ,:.; ;-
<br /> , '.. < t�:�i�z aio�IY PaYme�r`-��xnder's sole discreti�cs. , :�
<br /> :,; [T�oa payment in fiait of all sums secured by tS*.is Security�nstrument, �..euHer shall pr�raptly refund to Borrower any � : �` .�: j:
<br /> ,:,;`,. .
<br /> ' E¢.:ds heJd by Lender.lf,uader Paragraph 21.Lendet sha}!a¢quire or sell the Froperty,Lender,Prior to the acquisitioa ar sale , , .
<br /> � _ of the Pmperty,sha11 appiy airy Funds held by Lender at the time of acquisition mr sale as a credit against the sums secured by �•. ' „
<br /> c �., . diis Securiry insirument. l
<br /> � � . •:�; 3.Applkation ot Payments.11n1ess applipbte faw provides othcrwise.all payments received by Lender ander paragrdphs
<br />: �;';-- , 1 and 2 shai!be applied:first,ta any grepayment charges due under thc Note: second.to amo�payable under paragraph 2; ? ,
<br /> r .'4' .- ` . third,to interest due;fourth,to prictcipa!due;and last.to any late c hargey duc un d e r t h e K o t e. �
<br /> . • I;,."�;,�'.''• 4.Chsuges;Lien4.Borrower s!�ait pay all tsuces,assessments,chargew,fines�and impas:tions attri b u t�E te to t he P raae s t y ` . � r''� '
<br /> • ��•,sii` . ' '' . whicb may attain priority aver lhis Security Tnstrumecst.and feasehold payments 6E ground rents,ii any.�rrower shall pay , . .
<br /> . .• y ' : these obligations in the rr�.ner provi�ed in paragr•apTt 2.ar ii not paid in that manner.Borrower shall pay tIseIIe on time directly .
<br /> ' �:;�, . • to the person owed payment.Sorrower s�all promptly fumish to l.ender all aotices of amounu co be paid uttder this parat�h. �'`. ,
<br /> � • If Barrower makes ihese payments di:�a3y.Bortowcr shall pramptly furnish ta l.endcr receipts cvidencing the paymencs. r . .
<br /> � r�.�� " � � Barrower shall pratr�tiy discharge any lien which has priority over this 5ecurity lnstrument untess Borrower.(a)agr�s in j"' ...
<br /> . _ �..; : ..
<br /> .� . . . ariting to the payment of c'►e obligatioa secured by the ticn in a mznncracccptabie ta Lender:(b)contests in;avd faith the lien ; ,
<br /> � �'ti'� � ' by,or defenda against er;°orcement �t t5e lien in, legal ptocecdingA which in rt!: l.crnder's opinion o�.e to prevenl the :
<br /> ' � enforcement of the lien;ar(c)secur�s f om the holder of the lien an agreement sa:'ssfactc�ry ta E.cnder st:bvrdinating the lien to f . ,,,, .
<br /> � ' this Security lnstrument. If Lender dcxermines that any pan oi thc Pmperty is�ubject to a li�n which may attain priority aver � �• •
<br /> this Security lnstrument.Lcndcr may givc Bonowtr a noticc idcntifying thc fie:�.Borruwer ShaD satisfy thc licn or take oae or
<br /> . morc of the actions sc1 farth abavc within 10 days uf the giving oi'nuticc. �'� ' .
<br /> i' '
<br /> Form 3�28 9190 ' '
<br /> ' � • . vapo Y of s . .
<br /> . .. i
<br /> � �
<br /> � � . . _ - . - � ... . • . .,.. . ..
<br /> -.. .,� ' . _ - _ ...-- -. ._ � . . -_ . . . . . . . . - � �-- - - - - -.- . - _.. - - - -- . _ . . .
<br /> -" ,- ,-_. '..- . . . .
<br /> ___. -- �._: ' - -- ---'-- -.: .:; ._.. .._• . . -- . . . .: . . . .. . ._ .. . � _. . _ _ ._ . . _.. ._... ' ...- '- " --' _. .
<br /> ��.�_�..�_ . , .,
<br /> �� . � . �� .. . ,
<br /> ��. . . � , • � . � . . .. ' .. . . � .
<br /> . �
<br /> • � ; . ,_ . . - . � � .. . _ . .. . _'__ . __. .�.._ .. .....
<br />
|