|
:�lt I.`. r�'.+-�T'- _ `< ,1�, ,w<1..
<br /> -=- . . __ ._. _ _ _ .. . :�3,; '-- _-
<br /> - . - s` � S *.�_ - ,� - ` _ -- _
<br /> � '.1" i� ` � -- - - ' ' • , ' , - �_.. __.._. ..-.
<br /> � .-.. . . . , .� _ ..- . .. _ _..
<br /> _' • ; � . . . �''_' . . . . . . ..
<br /> C . �
<br /> ,c.-#�i _ _.s.:� � �
<br /> ��'- _ . � � � , � g1--�4�3s4 -, �.
<br /> :; �roc�wr���a���m,�,���a��r��,F.����.�,.
<br /> -�:! � and fixatres auw or txaeafter�a part of the psupaty. Alt teplacem�3nd addiROns shall atso be cncered by ttus Se�vrtt}!;
<br /> —�� . [itsuu�t� AU of the fan�going is nfe�d to in t2fis SecvlitY insuumeat as Itre"Ptuperty"
<br /> � -Z BORROWFat COVENAMfS that Bmroa�ear is lac��fuUy seised of[he estate he�ehy oonve}�ed and has the right to p:iuti --
<br /> —��� s�r; and canvey ti�e Ptapetty aud that tlse Propeaty is aneacambe�ed.except for encumbrances of ncord. BoROtiuer waQranta�a�id! �_—
<br /> - - _ witl def�d generaIIy the 6tie to the�'roperty agaiatit all ctaims aad demands.subject to any e�m6raiices of record..
<br /> — -- 't'i�IIS SECtIRI'EY INS'!'RU11dENT comDu�e.s astifosm rnvenants for rtational use and noaimifarm cnvenant�,uith� _ _
<br /> - limited variations by jutisdction w constitu�a uniform security instrament cavering Teal pcaperty+. ' --- -
<br /> � ,:. : UNIf�URM COVENAN7'S. Sonawer and Lender covenant and agree as fotlows: :� �
<br /> � 1. �Ptiymmt ut Priedpal and inta'es��repayment wd LaLe CdaBes. Borrower st�.ali promptlY PaY whal;dUa ttie
<br /> -{� principal af�d imeresc an the debt evidaued by tlte Nate and a�r�xepaymenE and late charges due undes the Notg:: �'_�"��.
<br /> _ !� �nu
<br /> � . --, : 2. Fimds far Tues aad L�uraec� Su6ject to applicabte taw or to a wrinen waiver by[.endes.Boirnwer sliutl,paY,to —
<br /> � '' • I.eader on tbe day mantLlg.p�ayments are due under the Note.miril the Note u paid in futl.a sum t"Fimds)fu�t:(p}�yearl�+ ��"'�;---
<br /> :� ', taxes and a�se���which rpay attain prirnity over this Seaaity Ins�ment as a lien on the Propecty.(b)YeaitlS�l�aseliatd� ��.:--�,� ;
<br /> - � `���" payments�ground rea� on the Ptoperty.if any, tc)Y�Y ���t�Y?�Y:insurance premiwns; fdl;�year!}�ttaod ��-� --
<br /> insurance piemi�uns.if a�. (e?Y�Y mort8age insutance piem�s:�i€�+:a a d l fl any s u m s p a y a b l e b y,;;�m r n W�e r:t a '�°—
<br /> ' "•�'� - u P�B�Ph -
<br /> .;,•=:�:�. ` L.eader.ur accordance with the provisions of 8.in lieu aE��Syea�tt of mrntgage insu:ance premiums. Th� �"`'�
<br /> :..:«,:•. '.•. � .,. -�T
<br /> :.�;�;�:�`> � �,-��..... ' items�e called"Escrow Items." Lender ma .at an 6me.collecc acrd C�Id Funds in an smo�not to exoeed ttia"mtucimucm _ - �
<br /> `',.`t;5*���,� ,-�-F.cc ` ` amount a lender for a federaUy retated mozigage t�a may ieqaue foi Bomnwe�'s escrow aocount under the�add�l��teal, , -'�.�'�_—�
<br /> �•:..:��i,�i
<br /> , ` ' �� Estate Settlemeat Procedures Act of 1974 as amend�frofn time to..ti�e.12 li��.§2601 et seq_("RESP,�:r;,uidd�anather °��s��;,�
<br /> �:=i;�;{t• .r..`.,.`���� ., !aw that applies to the Cvnds sets a lesser amount If so.Len�ter araa:;zt arry tim�..c�itect and ha�Ftutds ia a�a�ttmutt;nm to - _—
<br /> :<�li.i;,:i�'�. . � ,q, - ' _—
<br /> �e,;°a exceed tire(�sser amoun� Leadec�a.q�timate the amount Q€��s dae�n ax ir�is i��,�srem da?a�sdiieasarta6le
<br /> •-`+r.;':'''"{` � esumates�..�'eapenditmres of futare Esc�n:ltems or otherwise m aeva�ance wttB�ip�ic�le I�.c�_ • . • . ��
<br /> ,;;s:,f,;,.. ' `- ,.�. — -
<br /> '� ' _ ' The Fti;ds shall be held in an insGmtion afiose ts ue iissa�ed bg'�•l�ederal a .insdumentalI „nn rnti
<br /> , . . �� ge�rcy t�r', ty . �Y—
<br /> :� �: F ;� . (incind�g i.ender.if�eader is such an insritution)crr�any FeQeral Home Laaa l�k. Lender shall apply�Funds ta pay , �.;`
<br /> � . che FscmWr Items. L:ea.�i�may not charge Boisanaees f,�r holding and aPPjYRL��e Fimds.annually anabF�-ttis ascrnw �'..;. - ��='
<br /> ` , „ . .• `. acrnun�ar�vecifying��Escrow [tems. �nless La�r�, pays Bomawer interest on the Funds and applicabie tinv permits � ��=`-
<br /> -�,;;;;.,,:�,�' �;�T�;.;.,�_; • Lenderia r,ralce sucb a charge. Hawever,Lender may requite Barrower to pay a one-time citarge far an indepptdertt•cral _ - �:
<br /> r'�; ' estate tac.aa�oning service used by i.ender in carmection with this toan,unless applicabte law provides othen+risti.:Un1i�aa =
<br /> vts i
<br /> � � agreemeai is made ar applicable taw requires interest to be paid,Lender shall not be required to pay Borrower an}��inter�.t ar '""��
<br />_ ' � r:��. :. =< .
<br /> • �. ,; ��;:,}�°. - .. eamings on the Funds. Borrower and Lender may�in writing,hawever,thai intetest shail be paid on the Fund�..4ender , ,�4��;
<br /> '�``~' shall ve to Borrower,without ch e,an annual�amtin of the Funds.showin credits and debits to tfie Fands•and the . •� .�r
<br /> , . UJ � . g► arS .,.. g �
<br /> . .t fi���.. . .;1���.,it!A-ir�
<br /> f:�r,.:., purpose for which each debit to the Fands wa�raad;�.:`The Funds are piedged as additional security for all sums•secuted�by .,,,.
<br /> _" '' " , . . ���.. ,. -
<br /> : • {-"-"; this Seaui�i�-Instrumen�. ;,,fi:i;;,�___
<br /> °.�-r. . , . �r��r;(-�.
<br /> . � . .. ,. �.< �;
<br /> .��.; ,s�,! .'�� . �.� 1�'t!s�Funds held by Lender es�:�3 the amvunts pe�mitted to be hetd by applicabte faw. Lcnder sha1li accaunt trr.: �' " f t,.,,;.:.:�
<br /> • Bosrower far the excess Funds in accordance wit'.s'x requirements of applicable law. IY the amount of the Fan�is held Cy,, . .;.4 .� `�'�''`"�
<br /> .�� -:l'��;, ��.ender at any time is csc�i su�cient to pay the Esrx:a,; fr.ems when due.Lender.cray so noaiy Barrower iu�c+riti�.and,ii' ,,�� �f-���--
<br />� • i 5�i1f; ' •� � .such case Borrower sTx^.Il-�.ay to l.ertder the amci�r.m:-+:essary to make up���`ficiency. Bam�wer�Ja<::`��cnake up the ��. � tisY:: .. � -:--
<br /> � ' ,`. s�1-Y�.�:=• � ��iwetve monthl� a mer�ts,�t�.ender:s sote discretio�. ' ' �� . '` `a`=*�
<br /> �� deficiency in no more� y p y � • . . �
<br />'`��-'�` � ����'` � � Upo�payment in fu11 of aq sums secured by this Security InsTrument,Lender shall promptly refund ca�Bmro��;er� • ��''�f
<br /> � * � Funds hetd'by I.ender. ]f.under Paragraph 21.Lender shall acquire or sell the Property.Lender.plIOI Ip tllU itC(jlli5lti(IIl GF , #�
<br /> � . .. sale of the Property,shall apply any Funds held by l.ender at the time of acquuition or sale as a credit aguinst�the s�;m� �` . �`
<br /> ' ' ' ' . + secured by this Security(nstrument. . : "..
<br /> . �'' ,"_ • 3. Appliptton oi j'ryments. Un1es.applicabte law provides othenvise. all payments receivedi Ny Lender under '�. ;;�-`
<br />. . • ara hs 1 and 2 shall be a lied:first,ca an e a ment char es due under the Note:second,ta amoums payablc under � �'. , ;>-:
<br /> � P S�P PP Y Pr P Y � � .
<br /> � paragraph 2:third.to interest due:founh,to principal due:and tast,to any late charges due under the Note. ,,: . ''_
<br /> �'.-iy.. 4. Charges;Ltena Horrower shali pay afl.taxes.�sse�timenis, charges, fines and;:c,Yositions�tttibutuble tti the � , __
<br /> , , ,�. ,_:�:, _ Pro which m attain arit over this Securit Instrumenl,and le�asehotd a ments or•-rvand rents.,if�an Bmrower
<br /> ,t�., PertY
<br /> �' P Y a- 9•
<br /> a'�'' shall pay these obl,gati�r pn the manner pravided in paragaph 2,or if not paict�;�at manner.Borrm��:�shtsll'pay them on �t,;�
<br /> ��'�?`�� • G m e d i�c 1 t y t o t h e p e::-r s�:o w e d p a y m e n t. B o r r o w e r s h a l l p r o m p t l y f u m i s h t a'�'�...s a l l n o t i ce s o f a m o u n c s.c o b e p a i d u n d e r �-t:-.
<br /> '�^'!' � ' this paragr3ph. If Borrowcr makes these payments directly.Barrower shall pFCj2ri�:ly fumish ta Lender�re;zipts evidencing � • •
<br /> ;:::'�''� ' . the payr�r.�^�•. �t `'• :
<br /> �t••:-:.,
<br /> ,. Bm;�:�•�r shall promptly discharge any lien which hac priv-i:�.��ver this Security Instrumem�unl�ss Hnrra��er.(w)xgr�� �. . ��6t�r+:�r�,� '•'
<br /> ' in writing to the payment of thc abligation secured bp t4�t;ea i:�r;,nner acceptable ta Lendert.(dl�carRes�a in goad faith tiic r • ,� .''��;��'' � . '"
<br /> :._„' ' ]ien by.or defends agaimt enforcement of the lien irn.��x_�l praceedings which in the Lendcr t e�pinian aperate ta prevent the � � �� :..•�,. :,•.
<br /> . . enforcement of the lien:or(c)secures from the hofuzr�:the Sie�an ageement satisfactary�tn ltenci�r�subardinating the tien � , . . ..:;, '
<br /> • . .. to this Securiry lnstrument. lf Lender determines that Any part c�Sthe Propeny is subject ta���Urn�H�hich may atuun ptiarity F • •.`. ' .
<br /> • ' ' •!���• over tt'ss 5�:curity Instrument.l.ertder c��y give Barrower a no•�3.�_a:ntif}ing the lien. 8unn�a�=�.fiall�sadsiy tho lien ar take :�.,1�;`:�?�; `. '�
<br /> ° � 1:2`��, one or r..cr.°of the actions set fortb a�s�t�within 10 days of the��r,ir.3 aP notice. . ' ''���•������'� � ,
<br /> � � ...1,��.i
<br /> • ' . 'J 5. Hazard or Praperty Insura n ce. Borrow e r ti h a l l k c e��!�_i mp r a v c m e n t s na u.u a i s t i n�a r�h e r e a f t c r e r e c i e d a n t h e � • ,
<br /> . t�;; .' `� Property insured agair.st tsss by fire,hazards incl:'��S u ithin the term"exter�;��onretuge"and�any^nther,haznrds,including �',`�= • •
<br /> �s�`-� � . . ttoods or�tooding.for�+nich Lender rcquires i�:�:ri�_�. This iasu�ance �!�11iNr main!ains�iin�tNe amounts and far the ��• . . �
<br /> . � I� .
<br /> . :�;:-�,�; r. .
<br /> • . ' ��'; . Flrm3428 9'90 ��x,,r�r 2�fn pa�c4�i
<br /> ',: j
<br /> � .
<br /> � i
<br /> , . j .
<br /> . . .. . .-. -- -- . . . .� , . , . - .
<br /> . �
<br /> , .
<br /> �, � ... . .. � ' . . � .
<br />.. _ _ ��. - - - . -.-- - - - . � - . .
<br /> ..:._ .. .�'_._=_�:.�.__ . .._ .. . . _ . . .. .. . . . . . . . . . . _ . . . . . . .
<br /> ,�' .. " 4
<br /> . � � . � . . •i. � . . . . .
<br /> . � � � ' � . . � � .
<br /> .
<br /> -�. �
<br /> -.. , . .. . . . .. . . . . . ___ . . . .. . ._. .----_ .. ---- � _..
<br />
|